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Auto Finance Outstandings Top Record $900 Billion | Auto Finance News
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Center for Auto Finance Excellence. Sales & Marketing. Auto Finance Outstandings Top Record $900 Billion. May 13, 2015 by Molly Stewart. Mstewart @ royalmedia.com. Bolstered by record originations, the auto finance industry closed out a banner year in 2014, with $907.1 billion in loan and lease outstandings, according to new data released today. Ranking of car lenders and lessors. The increase in financing activity came amid higher vehicle sales, and despite heightened regulatory enforcement by the feder...
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Capital Markets | Auto Finance News
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Center for Auto Finance Excellence. Sales & Marketing. Hyundai Issues $1 Bill Lease Securitization. August 19, 2016 at 12:16 pm. Hyundai Capital America issued a $1.088 billion securitization, backed by prime auto release receivables, according to a report by S&P Global Ratings released this week. The 44,512 prime auto leases in the trust have a weighted average Fico of 743 relatively unchanged from the OEM’s previous issuances since 2014 Read More. August 18, 2016 at 12:56 pm. August 17, 2016 at 12:48 pm.
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Tesla Leases Jump 300% Year Over Year | Auto Finance News
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Center for Auto Finance Excellence. Sales & Marketing. Tesla Leases Jump 300% Year Over Year. August 7, 2015 by Larissa Padden. Lpadden @ royalmedia.com. Tesla Motors leased 631 Model S cars through its direct leasing program in the second quarter, up from 158 cars at the same time last year. 8220;We don’t have to make the [CPO] cars, so we’re essentially getting a commission on selling the car, and it’s very capital-efficient,” Musk said. “So, I think there’s some...Leave a Reply Cancel. August 24, 2016.
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Compliance Expert Likens CFPB Narrative Policy to Yelp.com | Auto Finance News
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Center for Auto Finance Excellence. Sales & Marketing. Compliance Expert Likens CFPB Narrative Policy to Yelp.com. May 19, 2015 by Larissa Padden. Lpadden @ royalmedia.com. The CFPB’s Disclosure of Complaint Narrative Data policy was finalized in March. Like other newly coined words associated with social media, Yelpification can be a noun or a verb, like Tweet or Google, he said. Earles said jokingly that’s something “all new words should aspire to.”. The CFPB portal has publicly tracked consumer compla...
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Santander Finances $229 Million of Loans for NMAC in 1Q | Auto Finance News
http://www.autofinancenews.net/santander-finances-229-million-of-loans-for-nmac-in-1q
Center for Auto Finance Excellence. Sales & Marketing. Santander Finances $229 Million of Loans for NMAC in 1Q. May 18, 2015 by Marcie Belles. Mdbelles @ royalmedia.com. Santander Consumer USA pumped up the volume of loans it originated for Nissan Motor Acceptance Corp. in the first quarter to $229 million, from $12 million in the year-prior period. We work on this all the time, he said. There are plenty of opportunities right now, probably more opportunities than we would ultimately take on. To last yea...
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Compliance Progress Tempers Warnings for Improvement, Panelists Say | Auto Finance News
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Center for Auto Finance Excellence. Sales & Marketing. Compliance Progress Tempers Warnings for Improvement, Panelists Say. May 19, 2015 by Jim Henry. Jhenry @ royalmedia.com. Can Stock Photo Inc. SAN DIEGO — Dire warnings for auto lenders were the order of the day at the Auto Finance Risk and Compliance Summit here on Monday. The regulatory field has a lot of landmines in it today, said Dan Soto, chief compliance officer for Ally Financial Inc. In another presentation, Federal Trade Commission attorney ...
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Exeter ‘Upsizes’ Latest Securitization | Auto Finance News
http://www.autofinancenews.net/exeter-upsizes-latest-securitization
Center for Auto Finance Excellence. Sales & Marketing. Exeter ‘Upsizes’ Latest Securitization. May 15, 2015 by Larissa Padden. Lpadden @ royalmedia.com. Exeter Finance Corp. has come to market for the second time this year with a $550 million securitization — EART 2015-2 — backed by subprime automobile loan receivables, according to a presale report from Standard and Poor’s. The issuance, originally rated by S&P on May 7, has since been upsized from $450 million, according to a press release from Exeter.
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Exhibitors & Sponsors | Auto Finance Summit 2016
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Small Lenders & Credit Unions Workshop. Upgrade to VIP Status. Exhibitors & Sponsors. Current Exhibitors & Sponsors. About Auto Finance News. Price & Registration. Exhibitors & Sponsors. The Summit, please contact one of our Sales Associates. 678)775-3566 or email Rebecca at rebecca@royalmedia.com. 646)367-2779 or email Samantha at slerner@royalmedia.com. Interested in becoming a sponsor? Interested in exhibiting at Auto Finance Summit? Clarity Services, Inc. CounselorLibrary.com/Hudson Cook, LLP.
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