Tricolor fallout fuels boom in business for collateral checkers
The fallout from last year’s collapse of subprime auto lender Tricolor Holdings has spurred a boom for businesses that verify ...
The fallout from last year’s collapse of subprime auto lender Tricolor Holdings has spurred a boom for businesses that verify ...
Inspired by the collapse of Tricolor Holdings, backup servicer Vervent is launching a product to track whether warehouse loan and ...
Backup servicer Vervent expanded its deal with delinquency management partner Quanta Credit Services to help service Tricolor Holdings’ approximately 100,000 ...
The takeover of Tricolor Holdings’ assets and debts could cost $7 million to $7.5 million by yearend 2025, backup servicer ...
Auto Finance News is pleased to announce that Lou Geibel, executive vice president of financial services firm Vervent, will join a panel discussion on the role of ...
Tricolor investors are suing Tricolor securitization trustee Wilmington Trust and its backup servicer Vervent for alleged negligence in not preventing ...
Tricolor Holdings’ outstanding tax debts, estimated at $4 million, may be paid by backup servicer Vervent with Tricolor funds. The ...
Tricolor backup servicer Vervent faces a robust collections challenge, with potentially thousands of defaulted vehicle loans in the three months ...