Post Tagged with: "subprime risk"

© Can Stock Photo / carlodapino

A Renewed Call for an FHA for Auto Financing

Compliance, Opinion, Risk April 27, 2018 at 12:32 pm

Last year was a record low year for deep-subprime lending. This, despite the fact that overall auto finance originations climbed more than 5%. In other words, even though auto finance expanded overall, auto finance for the deep-subprime sector did not. To put it another way, the lending expansion stopped shortRead More

And So It Begins – The Subprime Realignment

And So It Begins – The Subprime Realignment

Management, Opinion, Risk June 28, 2016 at 9:41 am

So, GO Financial and now, Dealer Funding has taken the brave steps to stop competing in what has been a very hot, and many say overly competitive, subprime automobile market for the past  five years.  You may be able to add Westlake Financial’s captive Western Funding to the list, whereRead More