Tag: Federal Reserve

Apparently, Halloween is the new Christmas in auto finance. Yesterday, the Federal Reserve gifted the industry a 25-basis-point interest rate ...

Federal Reserve officials reduced interest rates by a quarter-percentage point for the third time this year and signaled a pause ...

LAS VEGAS – A Federal Reserve Bank of Chicago senior economist yesterday discounted the likelihood of a recession in the ...

According to a June 12 settlement announced by the Federal Trade Commission, back in 2015 an employee of Iowa-based LightYear ...

Lenders did little to tighten auto loan underwriting last quarter despite worsening delinquency trends. Last quarter, 3.5% of bank respondents ...

The use of alternative data by lenders could expand access to credit to more than 40 million consumers. Likewise, banks and credit unions are ...

The use of alternative data by lenders could expand access to credit to more than 40 million consumers. Likewise, banks ...

The Federal Reserve has changed the way it calculates estimated auto loan losses in the 2019 Dodd-Frank Act stress test, ...