Santander Consumer USA Initiates Second Stock Repurchase Program
Santander Consumer USA’s board of directors has authorized a plan to buy back $400 million of company stock this quarter, ...
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Disparate Impact (Still) a Fair Lending Risk
Since the Consumer Financial Protection Bureau’s 2013 indirect automobile guidance was repealed last year, there have been no new public ...
Wells Fargo’s CEO Search: Here Are Likely Outside Candidates
Bloomberg For more than two years, Wells Fargo & Co.’s board maintained an insider could reform the bank. Now that ...
How Frightening Are Subprime Auto Loans?
© Can Stock Photo / tovovan One of the lasting legacies of the financial crisis is the market’s tendency to ...
Loan Performance Worsens Despite Higher Prime Originations, N.Y. Fed Says
© Can Stock Photo / Arogant Despite the increasing share of prime auto loans originated last year, new research from ...
Scary Bonds From Last Crisis Were the Best Place to Hide in 2018
Pedestrians walk along Wall Street near the New York Stock Exchange (NYSE) in New York, U.S. Photographer: Michael Nagle/Bloomberg The ...
Maintaining Momentum: Outsourcing Could Be Key to Profitability as Subprime Lenders Exit the Field
Rising interest rates, a growing swell of delinquencies, and loose lending standards are conspiring against small subprime auto lenders. According ...
Consumer Credit Scores Rise But Risks Remain, Executive Says
© Can Stock Photo / AndreyPopov Nearly half of consumers saw their credit scores increase by 20 points or less ...
