Westlake Serves Up Largest-Ever Securitization
Westlake Financial Services issued an $800 million asset-backed securitization on Monday backed by $860 million of automotive loans, marking the ...
Tag: Westlake Financial Services
Westlake Reimburses Borrowers Charged Over 21% APR
The Massachusetts Division of Banks has ordered several fines and penalties against a number of buy-here-pay-here auto lenders -- including ...
Westlake’s Customized Subprime Program Hooked CARite
Westlake Financial Service’s partnership with the online and brick-and-mortar dealership group CARite began with a message on LinkedIn. “We were ...
Westlake Emerges as Preferred Subprime Lender for CARite
Westlake Financial Services is the new leading provider of subprime and near-prime retail contract loans at CARite dealerships through a ...
Westlake Exec Returns to Manage Losses, Delinquencies
When Brian Renfro was brought on at Westlake Financial Services as the lender’s senior vice president of servicing, he was ...
Dealers Urge Lenders for Portfolio Data to Improve F&I
Dealers such as Adam Smith Texas Harley-Davidson are seeking monthly reports and portfolio performance data from lender partners to help improve ...
VW Credit Joins AutoGravity Through Equity Investment
AutoGravity's Volkswagen Credit App (PRNewsfoto/AutoGravity) VW Credit Inc. has made an equity investment into the online origination portal AutoGravity and ...
Westlake Said to be Prepping Subprime Used Leasing
A Westlake Financial Services executive said last week that the company has plans to launch a subprime, used-vehicle leasing program potentially ...
