The Plot Thickens: U.S. Court of Appeals to Hear CFPB Case
On Feb. 16, the U.S. Court of Appeals for the D.C. Circuit agreed to rehear en banc PHH Corp. v....
CFPB Targeted Markup From Outset, Rep. Hultgren Says
Congressman Randy Hultgren accused the Consumer Financial Protection Bureau of pursuing dealers through enforcement actions against auto lenders “from the...
CFPB’s Cordray Grilled by House Financial Services Committee
House Financial Services Committee Chairman Jeb Hensarling began yesterday’s 2016 Semi-Annual Reports of the CFPB hearing by calling for bureau Director...
Carvana Files $100 Million IPO
Via Carvana's Facebook Page Carvana, the online used-car marketplace, filed an initial public offering worth $100 million Friday. The company,...
Sierra CEO Sam Ellis Steps Down
Sam Ellis, president and chief executive of Sierra Auto Finance -- as well as co-founder of online auto lending marketplace...
High Costs Steer Powersports Lenders Away From Kill Switches, GPS Units
Kill switches have become less enticing to lenders amid the Federal Trade Commission’s recent investigation into auto lenders’ use of the...
Exeter Seeks More Investors With Move to Public Securitizations
Exeter Finance Corp. can now issue public securitizations, said Ben Miller, the company’s senior vice president and treasurer. “One of...
Blinker President to Forecast Evolution of F&I at Auto Finance Innovation
Danny Martinez, president of startup Blinker, has joined the Auto Finance Innovation speaker faculty. Blinker, a used-car buy-sell app with...
