Feds Are Still Fishing in Asset-Backed Waters, No One Knows for What
It’s still anybody’s guess what, exactly, the U.S. Department of Justice, the Securities and Exchange Commission and potentially other regulators ...
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Toyota Compliance Chief to Speak at Risk & Compliance Summit
Linda Iannone, chief compliance officer at Toyota Financial Services, has joined the roster of stellar speakers at the upcoming Auto ...
Chrysler Capital’s Latest ABS Shows a Rise in Longer Loans
Chrysler Capital is the latest auto finance company to join the ABS pipeline in 2015, with a $732.05 million ABS ...
Majority of Uber Drivers Work Only to Pay Auto Loans, Exec Says
Almost half of all Uber drivers are working only to pay their car loans, according to Gus Fuldner, head of ...
Fitch: Auto ABS Losses Down, But Subprime Warrants ‘Close Watch’
Auto loan ABS performance ended the year with a strong December: losses were down in both prime and subprime, month-over-month, ...
CREDIT: Delinquencies Remain Low Even as Subprime Grows
DELINQUENCIES Auto loan delinquencies are on the rise, loan terms are getting longer, and as subprime auto lending continues to ...
CPS Receives Subpoena From DOJ
The Department of Justice issued a subpoena to Consumer Portfolio Services on January 14, according to an 8-K filed with ...
NPR, NY Times Latest to Sound the Auto Finance Alarm
Is subprime auto finance a financial-disaster-in-the-making? Well, according to NPR's "All Things Considered," it is. The public radio organization last ...
