FORT WORTH — The Consumer Financial Protection Bureau’s approach to any market, in reference to the larger participant rule, “is pretty consistent,” Calvin Hagins, the CFPB’s deputy assistant director for originations [...]
Moving to a flat-fee model for dealer compensation would make it “cheaper to get business,” but would lower the amount of deals Texas Dow Employee Credit Union would close with [...]
Financial institutions have done a “good job” of increasing the “speed of change” in the industry, but innovation is not something that’s ever finished, according to Katherine McGee, head of digital product [...]
Online marketplace lender Avant Inc. will now offer direct-to-consumer auto refinance loans, the company announced today. The new auto loan product will initially launch in California, and is expected to be live [...]
The Consumer Financial Protection Bureau has returned more than $5 million “to the pockets of servicemembers and their families” in 2015, which the bureau recouped through enforcement actions, according to [...]
Mobility and rideshare were at the top of the agenda during the 2016 New York Automotive Forum on Tuesday. Since technological developments around rideshare have already began transforming the auto [...]
MotoLease LLC and EFG Companies announced an expanded partnership to offer EFG’s private-labeled,Select Guard program through MotoLease’s network of 1,000 authorized dealers, the companies announced March 15.
NEW YORK CITY – The car financing process will shift to a usage-based model, while credit scores will become obsolete. That’s the upshot from Guy Fraker, chief learning officer at [...]
Teledata Communications Inc. will integrate TransUnion’s ID Manager fraud detection solution into its DecisionLender 4.0 loan origination platform, Bill Nass, TCI president, told Auto Finance News. The integrated platform is slated [...]
The powersports market is “a little slower than usual,” with only a 1% to 2% increase across the segments from February to March, Scott Yarbrough, editor of Black Book Official [...]
