Why Lenders Should Pay Attention to the Fed’s Interest on Excess Reserves

Federal Reserve Chairman Powell’s announcement on September 26 of the Fed Funds target range increase to 2-2.25% was widely covered in the news. It was generally messaged like most rate increase announcements. That message is that its important news we were all waiting for and could now take necessary action. The truth is, this announcement […]
  • Samuel Ellis
  • October 5, 2018
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Ten Years Later: CFPB, the Financial Crisis, What Have We Learned?

I know it’s hard to put an exact date at the beginning of the financial crisis but think most “scholars” would agree things started going south rapidly in the Fall of 2008. A celebratory feeling at this approximately 10-year anniversary mark is likely a stretch, but it’s worth acknowledging what happened, how to prevent or […]
  • Samuel Ellis
  • July 30, 2018
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Why The Industry Should Think Twice About Benefits of Dealer Consolidation

I recently read the second article within the past few weeks that talked about the rapid, unstoppable, and significant consolidation among auto dealerships. Both articles impress upon the inevitable need to consolidate to survive or face failure, even if you are successful two-or three-generation owned auto dealership. The reasons for consolidation range from needing more […]
  • Samuel Ellis
  • May 3, 2018
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