Weekly Wrap: Q3 earnings predictions
Last week, new September data points in unemployment, used-vehicle values and new-vehicle sales painted a less-than-optimistic picture of what’s to ...
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OneMain Financial issues $600M ABS deal
Subprime lender OneMain Financial has issued its first asset-backed securities (ABS) deal of the year, a $600 million transaction backed ...
Former Honor Finance execs hit with SEC complaint
The co-founders of the now-defunct subprime auto lender Honor Finance have been accused by the Securities and Exchange Commission (SEC) ...
Weekly Wrap: Eyeing vehicle values, funding and digital adoption
The auto finance industry this week saw falling used-vehicle values, new funding and further adoption of digital tools. The Manheim ...
Improving customer service in an age of digital transformation and COVID-19
When the COVID-19 pandemic swept the world, many industries were forced to change business practices, implement work-from-home options, ensure social ...
Banks are already bracing for a September leveraged buyout boom
Banks are increasingly selling off short-term loans they made to fund leveraged buyouts, a sign that they’re freeing up capacity ...
Former Yamaha Finance exec jumps to commercial vehicle finance
Yamaha Financial Services’ former Chief Risk and Chief Strategy Officer Vijay Patil departed the lender in July to helm a ...
US job growth tops forecast with biggest gain in nearly a year
The U.S. labor market charged ahead in July with the biggest increase in employment in nearly a year, highlighting optimism ...
