Risk Management
Leader of the Field Wants to Get Stronger
When it comes to used-car sales, Black Horse is the largest independent finance provider for the prime market in the U.K. Yet...
Bursting The Subprime ‘Bubble’
A recent report from Equifax Inc., which noted that originations and total outstanding balances for subprime auto loans have hit...
New Barn Open For Business
A company originally founded in the back room of a car salesroom has taken over a unique space that will...
Exeter Builds Servicing Facility With Room To Grow
Exeter Finance Corp. opened a new servicing center June 23, at a time of origination — and delinquency — growth...
Subprime Loans Close to Pre-Crash Levels: N.Y. Fed
The N.Y. Federal Reserve Bank released a study last week indicating that subprime loans, while on the rise, have not reached...
Nonprime Delinquencies Climbed 20% As Portfolios Grew In 2013
Though nonprime loan portfolios increased last year, delinquency rates grew at a faster clip, according to the 2014 Non-Prime Auto...
The Coming Shift in Leasing Dynamics
As automotive lenders know, leasing is a cyclical business tied to shifting interest rates. For decades, as rates have gone...
Sonic in Negotiations to Offer Private-Label Financing
Sonic Automotive Inc. is in discussions with a pair of lenders to offer private-label financing to car buyers, Executive Vice President...
