As charge-off amounts ticked up across the board, Experian Automotive found that repossession rates moved higher during the third quarter, triggered by a dramatic spike for finance companies.
These days, transparency is a financial buzzword. Opening the curtains on the operations of financial markets is supposed to help investors and regulators make better decisions. But sometimes ...
Massachusetts Sen. Elizabeth Warren has launched a probe into the auto lending industry’s repossession practices, requesting detailed information from major lenders including Ally Financial as rising ...
THERE'S REASON TO WORRY WHEN EVERYONE FROM rating agencies to regulators starts talking about a corner of the capital markets that previously enjoyed peaceful obscurity — while the banks that arrange ...
NEW YORK (Reuters) - The Office of Financial Research (OFR), a U.S. Treasury Department-based research powerhouse, said on Monday it has adopted a final rule that will allow it to collect data on ...
South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), today announced that the board of directors of the Company (the “Board”) approved a new stock repurchase program for up to ...
Global fintech firm Broadridge Financial Solutions Inc. (NYSE:BR) revealed it has concluded a successful joint effort with blockchain payments company Fnality. The collaboration proved that Broadridge ...