Ally Exits TARP
Ally Financial has officially exited the Troubled Asset Relief Program after the U.S. Treasury sold its 54.9 million shares of ...
Wells Fargo Doesn’t Need to be No. 1 in Auto, But Still Claims Top Spot
Speaking at the Goldman Sachs U.S. Financial Services Conference last week, Wells Fargo & Co. President and Chief Executive Officer John Stumpf ...
Ban on Uber Service in India Causes Lenders to Halt Taxi Loans
Both Toyota Financial Services and Shriram Transport Finance have stopped extending auto loans to web-based taxi services such as Uber in the ...
Navy Federal Eyes Mobile Enhancements
Navy Federal Credit Union will kick off a mobile initiative in 2015, Assistant Vice President of Consumer Lending Joseph Pendergast told ...
TransUnion: Delinquency and Debt Levels to Increase Slightly in 2015
The national auto loan delinquency rate and auto loan debt are both expected to marginally increase, come the new year, ...
Harley Davidson Captive Seeks Exclusion From CFPB Auto Oversight
In a letter sent to the Consumer Financial Protection Bureau, Harley Davidson Financial Services argued that the motorcycle lending market ...
Fitch: ABS Stable, Will Focus on Wholesale and Underwriting in 2015
Fitch Ratings expects auto ABS performance to remain stable in 2015, but will focus on two specific areas in the ...
Western Funding Aims to Double Portfolio in 2015
Subprime lender Western Funding Inc. plans to double its loan portfolio, in 2015, for the second straight year. “The expectation ...
