CFPB Complaints Reveal Extent of Wells Fargo’s Insurance Scandal
Via CafeCredit.com/ Flickr The Consumer Financial Protection Bureau could neither confirm nor deny the existence of an ongoing investigation into ...
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Dealers Step Up Volume to Huntington in 2Q
Huntington Bank saw an 11% year-over-year rise in auto outstandings — to $11.6 billion — in the second quarter, thanks ...
Lobel to Create Custom Scorecard Using Alternative Data
Lobel Financial teamed up with FactorTrust to use alternative data in a new, in-house custom scorecard, the companies announced today. ...
Compliance Pressure Points [SPONSORED]
Automotive dealers and lenders are facing tremendous profitability pressures this year. In fact, the Federal Reserve raised interest rates by ...
BMW Rolls Back Lease Penetration During 2Q
BMW Group Financial Services saw a 1.7% year-over-year rise in total worldwide loan and lease originations -- to 468,603 contracts ...
OneMain Financial Drives Record Direct-Auto Originations
OneMain Financial reported a “record quarter” for originations, driven by strength in its direct auto product and “increased conversions in ...
World Omni Makes Series of Executive Changes
JM Family Enterprises has announced a series of senior-level executive changes over the course of two months. Among the appointments ...
Credit Acceptance Expands Subprime Lending While Losses Spike
While some lenders in the subprime space are pulling back, Credit Acceptance Corp. continues to originate higher loan volumes, extend ...
