Under The Hood
Under the Hood: Opposing forces tug at industry’s future
A right-sizing of vehicle price inflation stands to be upended by lopsided consumer debt burdens, according to a group of...
Under the Hood: Lenders spice up funding routines
Financiers are getting creative in the securitization market as investor demand spurs auto-backed issuance. Seasoned issuers are finding new ways...
Under the Hood: CFPB takes stab at clarifying ‘abusive’ acts
The Consumer Financial Protection Bureau’s latest Supervisory Highlights publication appears to be an attempt to mitigate the confusion caused by...
Bank of America, Freedom CU, West Aircomm FCU named in repo complaints
Pennsylvania courts are cracking down on repossession-related offenses, as evidenced by a trio of recent cases. Earlier this month, Freedom...
Under the Hood: Consumer complaints on track to spike 50% YoY
Consumers have lodged more complaints with the Consumer Financial Protection Bureau through midyear than they filed in all of 2020....
Under the Hood: Congress grills Chopra on CFPB transparency
Members of Congress challenged Consumer Financial Protection Bureau Director Rohit Chopra in a pair of hearings this month about the...
Under the Hood: Lobel Financial, Veridian CU test ABS waters
The annual auto securitization market is typically marked by one or two debut issuers, but this year, a pair of...
Under the Hood: Execs lose millions in compensation in 2022
Corporate layoffs and souring stock prices sheared tens of millions of dollars off auto finance executives’ compensation in 2022, according...
