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Home » Concord

Tag: Concord

A Tricolor dealership in Houston, Texas, US, on Thursday, Sept. 11, 2025. Tricolor Holdings, a used car seller and subprime lender that focuses on undocumented immigrants in the US Southwest, filed to liquidate in bankruptcy. US prosecutors are also looking into allegations of fraud by the company.

Tricolor a year later: Backup servicers tasked with more proactive oversight

September 30, 2026

Investor demand for additional loan verification products and more frequent oversight from backup servicers has spiked in the year following ...

Used vehicles at a dealership in Falls Church, Virginia, US, on Tuesday, Nov. 11, 2025. With ongoing inflation pressures and the return of student loan bills, millions of car owners are struggling to afford their monthly payments.

Affordability headwinds pose unique risks for near prime underwriting

Auto lenders might need alternative data sources to underwrite near prime consumers, many of whom expect prime-worthy rates but could ...

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