Economy Cars Stem Higher Losses in 1Q, BB&T Exec Says
Regional Acceptance (RA) “experienced some higher loss severities” in the first quarter of 2016, according to Clarke Starnes, BB&T’s chief ...
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NMAC Excels in ‘Undercover’ Borrowing Investigation
Auto lenders have only one chance to make a good first impression online, and that’s especially true among millennials, who ...
CarHop and BHPH Captive Settle with CFPB for $6.4 Million
CarHop, one of the nation’s biggest buy-here, pay-here dealership groups, and its affiliated finance company, Universal Acceptance Corp., agreed to ...
No Surprise, Auto Finance High On CFPB Rule-Making Agenda
The Consumer Financial Protection Bureau reiterated its interest in creating new rules in several areas touching on auto finance including ...
Auto ABS Losses Inch Up, but Horizon Remains ‘Healthy,’ Fitch Says
Prime auto loan ABS losses rose to the highest level in over four years through September, but loss rates were ...
More Captives on CFPB Agenda, After Honda Finance Order
American Honda Finance Corp.'s recent consent order with the Consumer Financial Protection Bureau and the U.S. Department of Justice over ...
Honda, Toyota, Nissan Captives Could Settle Discrimination Cases Soon
The Consumer Financial Protection Bureau and the U.S. Department of Justice could be close to announcing consent orders with the ...
BB&T Switches to Flat Fees, Ending Dealer Markup as of July 1
BB&T Dealer Financial Services is the first Top 20 auto lender so far to switch to flat fees from dealer ...
