Santander Anticipates Further Accounting Errors
Santander Consumer USA Inc. expects to report the existence of additional, previously unreported material weaknesses in internal control over financial reporting, ...
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Is Your Loan Payment Strategy Stalled in the 1980’s?
Many of us have fond memories of the 1980s – listening to Van Halen cassette tapes, watching “Dallas,” “The A-Team” ...
Toyota Preps For Public Lease ABS Program
MIAMI — Toyota Motor Credit Corp. is “laying the groundwork” for what it hopes will become a public lease securitization program, National ...
Santander’s Storm: When Will Skies Clear for the Subprime Giant?
When Santander Consumer USA Inc. (SC) went public on Jan. 24, 2014, the offer was 10 times oversubscribed and shares ...
FTC Charges 9 Dealerships in First Auto ‘Yo-Yo’ Financing Case
The Federal Trade Commission charged nine Los Angeles-based dealerships with the agency’s first ever “yo-yo” financing tactics charge levied against ...
TFS Reduces E-Contracting From ‘Minutes to Seconds,’ Exec Says
Toyota Financial Services last week announced a new technological addition to its existing RouteOne LLC electronic contract processing platform called ...
Fed Chair Yellen Seeks to Reduce Small Bank Regulatory Burden
Chair of the Board of Governors of the Federal Reserve System, Janet Yellen. Federal Reserve chair Janet Yellen on Wednesday ...
Demand Outstrips Supply in TMCC’s Latest ABS Deal
MIAMI — Toyota Motor Credit Corp. was oversubscribed on its August $1.3 billion asset-backed securitization, due to greater investor demand, ...
