CFPB outlines auto finance plans
While the Consumer Financial Protection Bureau focused supervisory and enforcement activity last year on mortgage lending, small business lending and ...
Tag: American Honda Finance Corp.
Group 1 extends $1.8B syndicated credit facility
Group 1 Automotive has extended its $1.8 billion revolving syndicated credit facility with 23 financial institutions, including four captive finance ...
Auto ABS Volume Closes In on $60B
Year-to-date auto securitization volume hit $57.8 billion at the end of April, with prime loan issuance accounting for the lion’s ...
American Honda Finance Dodges Class-Action Lawsuit
American Honda Finance Corp. has avoided a class-action claim that it was culpable in negligent supervision of one of its ...
Honda Finance’s Late-Stage Delinquencies Rise
American Honda Finance Corp.'s late-stage delinquencies rose 28% year over year to 1.21% of outstandings through June 2018, including a ...
Honda Dealers Stress Need for Reps, E-Contracting, Lease Packages
2018 Honda CR-V (via Honda Newsroom) Dealers, particularly in the Southeast, have struggled with American Honda Finance’s rollout of electronic ...
Lenders Are ‘In Limbo’ Amid Potential Changes to CFPB Fair Lending Policies
The battle over how the Consumer Financial Protection Bureau polices discrimination cases has long been one of the most ...
Captive Finance Overtakes Banks in 2017 Loan Originations
© Can Stock Photo / richardpross Captive finance companies saw an increase in auto loan originations in 2017 compared to ...
