Risk Management
Ally Preps IPO
Ally Financial Inc. is preparing to go public, in an offering that could raise as much as $2.6 billion, according...
What’s the Secret to Servicing Subprime Auto Loans?
Lenders say that servicing prime and subprime loans are very different endeavors, with subprime loans requiring more attention. When a...
Lax to Head Bank of the West Indirect Sales, Marketing
Bank of the West named Michael Lax as the new head of sales and marketing for the bank’s indirect lending...
SAFCo Picks New LOS
SAFCo has inked a deal to implement a loan-origination system developed by Defi Solutions. Fort Lauderdale, Fla.-based SAFCo seems to...
The Young and the Carless
The media continues to push the fact that millennials aren’t looking to buy cars. But it seems that even those...
Ally Names Brown New CEO of Auto
Ally Financial Inc. today named Jeffrey Brown as its new president and chief executive of the dealer financial services business. ...
BBVA Compass Moves Beyond Sun Belt
BBVA Compass plans to open new loan-production offices this year in cities beyond its existing Sun Belt state footprint. These...
Dealers Step Up Role in Compensation Debate With Plan to Standardize Exceptions
For the past couple years, dealers have been standing on the sidelines watching lenders and regulators go to head to...
