Tag: Recoveries

Auto lenders need to take a close look at their repossession policies and procedures as regulators home in on the ...

Houston-based repo agency Automobile Recovery Bureau has seen a 15% year-over-year increase in repossession volume as recovery requests continue to ...

Repossessions have increased at CIG Financial as consumer budgets are squeezed amid current economic conditions, leading the lender to increase ...

Annualized net losses increased across prime and nonprime auto asset-backed securities (ABS) transactions in November as declining used-vehicle values contributed ...

Huntington Auto Finance’s third quarter was marked by auto origination growth and positive recoveries on net charge-offs for both auto ...

Fifth Third Bank posted positive recoveries in the third quarter, driven by its auto portfolio, which continues to prop up ...

After posting a 137% year-over-year increase in direct loan originations to $5.7 million, Nicholas Financial reinvested its earnings into company training, ...

Ford Motor Credit recorded its highest ever quarterly earnings before taxes of $1.6 billion, contributing to a second-quarter distribution of $4 ...