Tech complexity spurs enhanced risk measures
Advances in digitalization and machine learning are sparking a need for lenders to revisit operational risk management protocols. In the ...
Tag: Under the Hood
Under the Hood: Low-income borrowers face payment struggle
Pandemic-era forbearance programs have run their course, putting auto loan delinquency rates — particularly for low-income borrowers — on an ...
Under the Hood: Few FTC commenters cite junk fees in auto finance
Comments have been streaming in for the FTC’s proposed rule targeting “junk fees,” the term used to describe hidden or ...
Under the Hood: Will micro-leases follow in footsteps of subscription programs?
AutoNation appears to have taken a page from an outdated auto finance playbook with the launch of its latest offering. ...
Under the Hood: CFPB new guidance hinges on negligible complaint data
The Consumer Financial Protection Bureau’s latest statement cautions lenders to avoid discriminating against auto loan borrowers who are immigrants. Yet, ...
Under the hood: Jumpstarting an economy through auto finance
China’s top financial regulator is urging lenders to help consumers — especially college graduates — buy more cars. China’s National ...
Under the Hood: CFPB lags on information security updates
While the Consumer Financial Protection Bureau plans to step up enforcement action in the lending sector, the federal watchdog has ...
Under the Hood: Latest CU securitization leverages funding alliance
On the surface, Valley Strong Credit Union’s debut securitization appears to be another in a string of recent credit union-backed ...
