GMF Subpoenaed Again
General Motors Financial Company Inc. received an additional subpoena from the Department of Justice in September, according to a 10-Q ...
Tag: GM Financial
GM Boosts GMF Credit Line
General Motors Co boosted its revolving credit facility to GM Financial from $600 million to $1 billion. The facility is ...
AmeriCredit Comes to Market with New Securitization
AmeriCredit Corp. is prepping a $1 billion subprime auto loan securitization. The transaction, expected to close Aug. 27, is AmeriCredit’s third ...
Cars Aren’t Houses
General Motors Financial Co. disclosed in Securities and Exchange Commission filings early this month that it is in receipt of ...
Do Recent Subpoenas Spell Caution for Subprime?
News that both General Motors Financial Co. and Santander Consumer USA had been subpoenaed by the U.S. Department of Justice ...
Auto Loans Up, But No Balloon to Pop, Says Fed
Auto loan balances increased by $30 billion to $905 billion as of June 30, according to the new quarterly report ...
DOJ’S GMF Subpoena Could Signal Greater Subprime Scrutiny
A U.S. Department of Justice subpoena of General Motors Financial Company, Inc. documents related to orginations and securitizations could be ...
GMF Ups YoY Consumer Originations $1.1 Billion
General Motors Financial Company, Inc. said its second quarter 2014 consumer loan originations were $3.6 billion for the second quarter ...
