Judge allows Tricolor trustee to operate business in limited capacity
Anne Burns, the trustee in charge of Tricolor Holdings, can operate some parts of the business to secure Tricolor’s assets ...
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Increased new-car sales, ABS issuance lead to 32% jump in industry performance (Big Wheels)
A jump in new-vehicle sales and higher auto asset-backed securitization volume contributed to a year-over-year improvement in the auto finance ...
Consumer Portfolio Services’ Mike Lavin joins Auto Finance Summit 2025
Auto Finance News is pleased to announce that Mike Lavin, president at Consumer Portfolio Services, will join a session on ...
Fifth Third to buy Comerica in the year’s biggest US bank deal
Fifth Third Bancorp agreed to buy Comerica Inc. for about $10.9 billion in stock, the largest US bank deal this ...
‘Pervasive fraud of rather extraordinary proportions’ seemingly found by Tricolor trustee
Lawyers for Tricolor Holdings’ trustee confirmed in a court hearing today that the subprime lender is under government investigation for ...
Tricolor bond prices drop following Chapter 7 filing
Tricolor’s bond prices plummeted in the days following the subprime lender’s Chapter 7 bankruptcy filing, with little recovery since then ...
4 compliance tips for powersports lenders, dealers
As the compliance landscape shifts, powersports lenders should keep an eye on consumer grievances and properly train their teams to ...
Auto sales rise in September, Q3 amid incentives, EV pull-ahead
Automakers largely reported climbing sales in September and the third quarter as manufacturers pushed aggressive incentives and stalled tariff-induced price ...
