Tag: Bank of America

Increased loss reserves from Current Expected Credit Losses (CECL) requirements, and the resulting transparency required from auto lenders, could ease ...

Editor's note: This article first appeared in the April edition of the magazine, available now. After a decade of exponential ...

Half a million of Bank of America Corp.’s 66 million customers have deferred loan payments because of financial fallout from ...

Wells Fargo Co. is the latest big bank to suspend repossessions, joining Bank of America and Chase Auto, as cases ...

Bank of America’s consumer relief program will cover auto loans, along with mortgage, home equity, credit cards and small business ...

Roughly two years ago, direct-to-consumer lending gained traction as top industry players Ally Financial, Bank of America and Chase Auto ...

(L-R): Kristin Karwat, President, Gateway Financial Services; David Hollodick, Senior Vice President, Bank of America Dealer Financial Services; Mark Templin, ...

As big banks adopt the Current Expected Credit Losses (CECL) rule, effective Jan. 1, the increase in the allowance for credit ...