WASHINGTON, D.C. — During this period of extraordinary economic uncertainty, the U.S. federal banking supervisors believe it to be important for the largest U.S. bank holding companies to have a capital buffer sufficient to withstand losses and sustain lending even in ... [Read More]

IRVING, Texas — MyAutoloan.com, an online auto loan finance company, recently reported that it has seen a significant increase in customer auto loan applications for the first quarter of 2009 and continuing into the second quarter. MyAutoloan.com, which is an online ... [Read More]

NORTH RICHLAND HILLS, Texas — VeriFacts Inc., a leading provider of skip trace solutions, and Triad Financial recently announced their partnership to offer a one-stop shop of services. In combination with VeriFacts POEExtreme package, the new menu includes: —Debtor and asset ... [Read More]

FARMINGTON HILLS, Mich. — As a result of Chrysler filing for Chapter 11, Chrysler Financial announced this week that it is required to temporarily suspend dealer wholesale financing in the U.S. and Canada, effective immediately. This will continue as financial company ... [Read More]

NEW YORK — GMAC executives said the company is continuing to demonstrate its support of automotive dealers by announcing additional actions, including extending the curtailment waiver for the month of May and accepting new applications for wholesale financing from qualified U.S. ... [Read More]

ALEXANDRIA, Va. — U.S. consumer bankruptcy filings again climbed by double digits in April, jumping a total of 36 percent from a year ago, according to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center. The ... [Read More]

LOS ANGELES — Westlake Financial Services has recently expanded into the state of Hawaii. The company now operates in 37 states, with Hawaii officially being added the first of May. "We are very excited to provide an additional lending source to ... [Read More]

MINNEAPOLIS — As President Obama passed the 100-day mark of his presidency this week, legal and compliance analysts from Wolters Kluwer Financial Services offered their perspectives on how his administration is impacting several aspects of the financial regulatory environment, including the ... [Read More]

HOUSTON — The National Alliance of Buy Here, Pay Here Dealers' 11th annual national conference will kick off next month with a focus on "New BHPH Profit Opportunities In the Current Environment." The educational program at NABD 2009 — scheduled for May ... [Read More]

HANOVER, Md. — The National Automotive Finance Association released the details of its 13th Annual Non-Prime Auto Finance Conference, which will be held June 3-5 at the Renaissance Worthington in Fort Worth, Texas. Basically, the conference will address the hurdles associated ... [Read More]