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
Monday, Dec. 9, 2024, 11:18 AM
PODCAST: Experian connects vehicle collateral quality with defaults
Friday, Dec. 6, 2024, 10:41 AM
Conference to Bring Bankers Together to Discuss Challenging Marketplace
Thursday, Aug. 23, 2007, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Financial service marketers from throughout the country are slated to come together in a forum to discuss ideas about adapting in the changing consumer marketplace at the American Bankers Association Marketing Conference to be held at the ... [Read More]
GE Money’s Warranty Services Partners with AppOne
Thursday, Aug. 23, 2007, 12:00 AM
Nick Zulovich
DENVER — GE Money's Warranty Services division announced it has formed a new partnership with AppOne to provide a technology solution that connects independent dealers with lenders. The alliance was created enable independent dealers access to Warranty Services' vehicle service ... [Read More]
Lenders Respond to Credit Market Woes
Thursday, Aug. 23, 2007, 12:00 AM
Nick Zulovich
NEEDHAM, Mass. — After surveying various lenders, TowerGroup reported that the biggest concern right now of financial service institutions is market volatility, as many lenders are watching the subprime mortgage market to see how the recent downturn plays out and whether ... [Read More]
More Consumers Seek Bankruptcy Protection
Tuesday, Aug. 21, 2007, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — Struggling with high gas prices and the soaring cost of staples, many consumers are treading quickly to keep their heads above the water. These factors and more added to the recent downfall in the subprime mortgage sector ... [Read More]
What BHPH Operators Should Learn from Subprime Mortgage Crisis
Tuesday, Aug. 21, 2007, 12:00 AM
Nick Zulovich
HOUSTON — Over the last 30 days I have been asked numerous times if the subprime mortgage meltdown will extend to subprime auto loans. A few months ago, I wrote an article called, "When Underwriters Become Undertakers." In retrospect, my ... [Read More]
First Data Now Offers Notify Solutions for the Auto Finance Industry
Tuesday, Aug. 21, 2007, 12:00 AM
Nick Zulovich
DENVER — First Data Corp. recently announced that First Data Solutions, its information and analytics unit, is making its Notify Solutions product available to all First Data Solutions clients. According to officials, Notify Solutions provides timely bankruptcy and deceased notifications ... [Read More]
AmeriCredit Continues $500 Million Repurchase Facility
Tuesday, Aug. 21, 2007, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — AmeriCredit announced it has extended its $500 million repurchase facility structured by Barclays Capital. The company said it uses this facility to finance the repurchase of receivables from securitization transactions that have reached the 10-percent clean-up ... [Read More]
NAF Association: Non-Prime Delinquencies Grow
Thursday, Aug. 16, 2007, 12:00 AM
Nick Zulovich
HANOVER, Md. — After questioning a record 28 finance companies on their portfolios and practices, the National Auto Finance Association discovered that almost 75 percent of non-prime originations fell into the credit range of 500 to 679 last year. More ... [Read More]
NADAguides.com, Carloan.com Team Up for Vehicle Financing
Thursday, Aug. 16, 2007, 12:00 AM
Nick Zulovich
COSTA MESA, Calif. — Late Wednesday, NADAguides.com announced it struck an exclusive financing partnership with Carloan.com. Carloan.com covers the entire credit spectrum from prime to subprime. With this service, new- and used-car buyers now have the ability to secure a ... [Read More]
NLEX Adds New Executive
Thursday, Aug. 16, 2007, 12:00 AM
Nick Zulovich
CARLSBAD, Calif. — National Loan Exchange recently announced the addition of Paul Banninger to its staff. Banninger will serve in the role of vice president of sales. Officials said he brings 30 years mortgage lending and real estate collection experience to ... [Read More]