Lingering CFPB Consent Order Restricts 3 Lenders to Lower Dealer Markups
Via Flickr As the industry returns to the standard 200- to 250-basis-point cap on dealer markup, three lenders are bound ...
Tag: Fifth Third Bank
Fifth Third’s Auto Outstandings Continue to Decline Amid Pullback
Via Wikimedia Commons Fifth Third Bank’s auto loans and leases outstanding dropped 10% in the fourth quarter, the bank reported ...
Probing for Profitability: How Regional Banks are Adjusting to the Highly Competitive Space
There has been a concerted effort across the industry to pull back in auto lending and chase quality auto loans ...
TCF Bank Tops List of CFPB Complaint Offenders
Via CafeCredit.com/ Flickr TCF Bank — having exited the auto finance space at yearend — topped the 2017 list of ...
Auto Securitization Report Highlights Riskier Outliers
© Can Stock Photo / pressmaster AmeriCredit and Santander Consumer USA stand out as the two lenders securitizing auto loans ...
TCF’s Auto Sector Exit Intensifies Profitability Concerns at Regional Banks
Via Wikimedia Commons The announcement this week that TCF Bank will shutter its indirect auto finance unit, Gateway One Lending ...
Bank of the West Issues First Auto ABS Since 2015
Bank of the West closed its first auto asset-backed-securitization since 2015 last week, a $750 million transaction backed by prime retail ...
Regional Banks Wrangle With ABS Capital Requirements, Lawyer Says
Stuart Litwin, co-head of securitization at Mayer Brown LLP, moderates a panel at ABS East 2017. (Photo by William Hoffman) ...
