New auto derivative to allow lenders to hedge price exposure
Auto lenders will soon be able to hedge used-vehicle price exposure on an open derivatives market. Exponential Exchange, a Washington, ...
Auto lenders will soon be able to hedge used-vehicle price exposure on an open derivatives market. Exponential Exchange, a Washington, ...
Rising interest rates are dampening consumer demand for boats and pushing down sales at marine manufacturer Brunswick and marine retailer ...
Credit Acceptance Corp. logged an increase in originations in the second quarter as yields ticked up and forecasted collection rates ...
Lenders can save time and reduce collection costs by leaning on intelligent virtual agents to provide 24-hour service to consumers. ...
Camping World’s second-quarter finance and insurance revenue continued to decline year over year as the dealer group emphasized growing used-vehicle ...
Banks continued to tighten credit standards for auto lending amid widening spreads in the second quarter while consumer demand for ...
Pennsylvania courts are cracking down on repossession-related offenses, as evidenced by a trio of recent cases. Earlier this month, Freedom ...
Rental fleet companies are offloading older, higher-mileage vehicles as they work to meet demand and as manufacturers’ sales of new ...