Risk Management
CPS Renews Credit Agreement with Citi
Consumer Portfolio Services Inc. renewed and amended an existing $100 million revolving credit agreement with Citibank and other lenders, according...
8 Facts About Nonprime That You Need to Know
The fact that nonprime loan portfolios increased last year, delinquency rates grew at a faster clip are not the only...
JM Family Promotes Three
JM Family Enterprises Inc. has promoted Brent Burns to chief operating officer, Jorge Gonzalez to chief financial officer, and Kim...
Fico To Release New Scoring Model
Fair Isaac Corp. has announced the newest update to its Fico scoring model, Fico 9, which is slated for release...
New Webinar to Explore the ‘Great Lease Return’
For several years, the supply of used cars has been limited, keeping prices high. But a rising supply of off-lease...
BMO Harris to Focus on Auto For Growth
Mark Furlong, group head and chief executive of U.S. personal and commercial banking at BMO Harris Bank NA, told analysts...
Collection Startup TrueAccord Scores New Funding
San Francisco-based TrueAccord will announce new funding on Sept. 16, the company told Auto Finance News. Online lenders boasting “alternative”...
SCUSA Announces Public Secondary Offering at $18.68 per Share
Santander Consumer USA Holdings Inc. announced a public secondary offering of 10,048,000 shares, or 2.88% of the company’s outstanding common...
