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Inspired by the collapse of Tricolor Holdings, backup servicer Vervent is launching a product to track whether warehouse loan and securitization issuers have paid their vendors. The product, which launched March 18, gives lenders, trustees, agents and private credit investors monthly updates on whether the company they invested in has paid crucial vendors, Louis Geibel, […]
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Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto financier Santander Bank’s dealer commercial services strategy focuses on...
David Thompson
David Thompson
David Thompson
