Federal & state regulators revisit elder financial exploitation
Tuesday, Dec. 10, 2024, 10:32 AM
S&P Global Ratings offers 2025 forecast, answers worldwide economic questions
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PODCAST: Experian connects vehicle collateral quality with defaults
Friday, Dec. 6, 2024, 10:41 AM
Wells Fargo Auto Finance Names Stagecoach Winners
Tuesday, Nov. 6, 2007, 12:00 AM
Nick Zulovich
CHESTER, Pa. — Wells Fargo Auto Finance recently named the recipients of its third-quarter Stagecoach Award. The Stagecoach Award is a quarterly honor that recognizes the achievements of Wells Fargo Auto Finance's best dealers, officials indicated. Winners were selected from ... [Read More]
New Lender Joins RouteOne
Thursday, Nov. 1, 2007, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced this week that it has added a new lender to its platform. California-based finance source Gateway One Lending & Finance has joined its Web-based credit application management system. GOLF provides indirect auto lending for a ... [Read More]
Aimbridge Makes First Move for Web-Based Lending Process
Thursday, Nov. 1, 2007, 12:00 AM
Nick Zulovich
ENGLEWOOD, Colo. — Lending Solutions recently launched Loan Generation Services, which is a process to capture members' loan pre-approvals via branch, phone or Web to make them accessible to members and auto dealers via the Internet. According to officials, this solution is ... [Read More]
GMAC: Used Originations Up, But Real Estate Unit Hurt Business
Thursday, Nov. 1, 2007, 12:00 AM
Nick Zulovich
NEW YORK — While GMAC reported strong results in its auto finance and insurance businesses, the company took a hit in its mortgage and credit market on its real estate side, which led the company to report a loss for the ... [Read More]
Wells Fargo, Chase and Capital One Discuss 3Q Auto Finance Results
Thursday, Nov. 1, 2007, 12:00 AM
Nick Zulovich
SAN FRANCISCO, NEW YORK and McLEAN, Va. — Wells Fargo Financial, Chase Auto Finance and Capital One Auto Finance each recently released their third-quarter results, indicating how each company did for the period. Starting with Wells Fargo Financial, which covers real-estate ... [Read More]
Chase Opens New Custom Finance Center
Tuesday, Oct. 30, 2007, 12:00 AM
Nick Zulovich
SAN ANTONIO, Texas — Chase Auto Finance has opened a new Custom Finance Business Center to meet the subprime needs of dealers in San Antonio, Texas, which will cover central and southern Texas. Officials said Hu Hunger will manage the new office ... [Read More]
Chrysler Financial, Salesforce Partner
Tuesday, Oct. 30, 2007, 12:00 AM
Nick Zulovich
SAN FRANCISCO — In order to streamline its technology, Chrysler Financial has teamed up with Salesforce.com to offer leasing and financing solutions. Through the partnership, Salesforce will provide customized business applications, along with consumer Web applications in order to drive efficiency ... [Read More]
White River Liquidating Union Acceptance
Tuesday, Oct. 30, 2007, 12:00 AM
Nick Zulovich
INDIANAPOLIS — White River Capital, which includes subsidiaries Coastal Credit and Union Acceptance Co., recently reported that its net income for the third-quarter was down significantly compared to the same period in the previous year. One of the main reasons for ... [Read More]
AmeriCredit Lowers Origination Expectations
Tuesday, Oct. 30, 2007, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Reviewing AmeriCredit's subprime portfolio, Dan Berce, president and chief executive officer, indicated that it is showing pressure in delinquencies and losses from its 2006 loan vintage. The further seasoning of this vintage has caused the management team ... [Read More]
Hudson Cook Attorney to be Featured Panelist at NADA
Thursday, Oct. 25, 2007, 12:00 AM
Nick Zulovich
HANOVER, Md. — Hudson Cook recently announced that Emily Marlow Beck, a well-known attorney in the firm's Hanover Office, has been invited to participate as a workshop co-panelist at the National Auto Dealers Association's Convention and Expos in San Francisco. As ... [Read More]