CIVC Partners, a Chicago-based private investment firm, recently announced that its portfolio company, Honor Finance, established a new funding facility with Wells Fargo Securities. Officials highlighted this new facility provides a “substantial” increase in funding capacity to support the continuing ... [Read More]

The Consumer Financial Protection Bureau now possesses a Supreme Court majority opinion as reinforcement to continue to leverage disparate impact as a regulatory method to oversee and potentially reprimand the auto finance industry. The Supreme Court released its opinion this ... [Read More]

In the same month its new chief financial officer came aboard, Exeter Finance Corp. appointed a new executive vice president and chief human resources officer this week. Officially taking the role on Monday is Martin Evans Exeter highlighted Evans is ... [Read More]

A recent analysis from Edmunds.com indicates that in addition to being among “the biggest factors that are making it easier for shoppers to afford more expensive vehicles” (along with cheaper credit), new-vehicle lease penetration is on track to reach an ... [Read More]

Consumer complaints possibly made about your finance company, dealership, debt-collection agency or related industry service provider to the Consumer Financial Protection Bureau now are available for anyone to see. For the first time on Thursday, the CFPB turned on its ... [Read More]

Both Credit Acceptance Corp. and Security National Automotive Acceptance Co. (SNAAC) each recently received accolades associated with being a great place to work. Credit Acceptance was named No. 18 on the list of 100 Best Workplaces for Millennials based on ... [Read More]

Six-figure financial penalties from regulators against dealerships are becoming more frequent. About the same time a trio of franchised stores reached a settlement with New York’s attorney general, a pair of franchised operations entered into a final consent judgment with ... [Read More]

Spireon announced on Wednesday that consumer loan servicing systems provider Megasys will partner with the mobile resource management provider to provide out-of-box integration with Spireon tools. Company officials contend the integration between Spireon GoldStar GPS and Megasys Omega marks the ... [Read More]

Hudson Cook’s newest partner is arriving at the nationwide provider of legal compliance services for the financial services industry after a previous stint at the Federal Trade Commission. Coming aboard as a partner in its Washington, D.C. office is Rebecca ... [Read More]

Time is dwindling in the current Supreme Court session, and the justices have yet to offer their opinion on a case connected with the use of disparate impact, one of the sharpest tools the Consumer Financial Protection Bureau uses to ... [Read More]