CECL reporting adds transparency for investors
Increased loss reserves from Current Expected Credit Losses (CECL) requirements, and the resulting transparency required from auto lenders, could ease ...
Tag: Federal Deposit Insurance Corp.
Fed urges banks to lend in face of pandemic
The Federal Reserve today — in conjunction with the Office of the Comptroller of the Currency and the Federal Deposit ...
Regulators urge ‘responsible’ use of alternative data
With lenders increasingly relying on nontraditional data to hone underwriting, five banking regulators have urged that lenders maintain “robust” compliance ...
Five Questions With… Kyle Birch of GM Financial
Kyle Birch, COO, North America, GM Financial Five Questions With is a monthly Q&A segment on AutoFinanceExcellence.org that offers a ...
Mobility Matters in the Auto Lending Process
The volume and variety of innovative commerce transactions available on mobile devices continues to grow. Younger generations — millennials and ...
Disparate Impact (Still) a Fair Lending Risk
Since the Consumer Financial Protection Bureau’s 2013 indirect automobile guidance was repealed last year, there have been no new public ...
