Nicholas Says Competition Is Making It Hard to Get Business
Aggressive competition is putting pressure on margins and making it more difficult to acquire new business that’s consistent with lender ...
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Cap One’s Auto Originations Up, Mainly in Prime
Capital One Financial Corp. posted a 14% year-over-year growth in auto originations, according to its 3rd quarter earnings, released on ...
Wells Fargo Portfolio Grows by More Than $1 Billion in Quarter
Wells Fargo & Co. reported that its 3Q 2014 portfolio was $55.2 billion, up $1.2 billion over 2Q’s $54 billion ...
How Big Bank Money Gets to Subprime Borrowers
Federal and state regulators are growing more concerned about the risk involved in big warehouse lending facilities and other credit ...
New Report Eyes GM and Ally Executive Pay
A new report from the special inspector general for the Troubled Asset Relief Program (SIGTARP), released on Wednesday, claims that ...
Former CFPB Attorney Joins Hudson Cook
Attorney Lucy Morris has become a partner at Hudson Cook LLP, nationwide provider of legal compliance services for the financial services ...
CFPB Plans to Expand Oversight to 38 Nonbank Auto Lenders
The Consumer Financial Protection Bureau is proposing to expand its oversight beyond the banks to about 38 additional nonbank auto ...
Fico To Release New Scoring Model
Fair Isaac Corp. has announced the newest update to its Fico scoring model, Fico 9, which is slated for release ...
