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Finance & Insurance News

Auto loans and balances, boosted by millennials, rise in Q1

Auto loans and balances grew in volume in the first quarter, with the youngest U.S. consumers leading the way. Despite those increases, auto loan delinquencies remained flat, credit bureau TransUnion reported today.  » READ

Will CFPB's use of disparate impact be altered by Supreme Court housing ruling?


Larry Miller Group launches Fast Pass to speed auto transactions


Amid higher auto lending, 90-day delinquencies hold flat


At Buick store, service lane provides visuals to better sell F&I products


Subprime loans fall to lowest share since 2012


'Financial wizard' Robert O'Connell stabilized GMAC


Student-loan debt doesn't hinder auto lending among college grads, study finds


F&I product provider to buy rival in cash deal


Canada shrugs aside worries over long loans


GM Financial aims for speedier F&I and happier customers


AutoNation launches private-label products


Subprime lending 'stable' despite worry about risk


Credit union volume grows


Ford Credit sees highest Q1 dealer share in 14 years


Repair shops strive to stay head of the pace


Aston Martin picks Ally Financial as preferred U.S. lender


AutoNation says no to captive


Porsche captive adds branded F&I products


Most lenders cite subprime restraint


Ally deal enables Mitsubishi to cut costs for capital, infrastructure


Ally pushes to make up for lost GM lease business


Troubling practices need attention now


Loans are at a healthy, rational level


Ally to take over Mitsubishi's U.S. lending arm


States' varying auto insurance rates play with the car-buying equation


GM Financial Q1 net rises as lease volume skyrockets


Dealers missing out on digital F&I sales, study finds


Asbury, Sonic see below-average F&I revenue at new-initiative stores


Some auto lenders let others pursue volume


Ally change saves dealers big money


New Black Book exec looks to help dealers close loans, leases faster


Dealership gross profits see bigger impact from F&I


Wells Fargo, Chase adopt different lending approaches


Penske targets 'I' in F&I to boost per-vehicle revenue


Some dealers prep for flat fees


Mercedes’ captive boosts dealership training on branded F&I products


FICO pilot holds promise for auto financing


Low rates will continue to help auto sales, financing in 2015, experts say


CarMax finance arm won’t become major subprime player


The new sticker shock: High costs to fix high-tech


Fired Honda store F&I staffer wins new whistleblower trial


Why dealer's sold on one-price, one-person


Feds put add-on products in their cross hairs


CFPB keeps wary eye out for subprime-lending abuses


NYC aims to remove dealers as middlemen on used-car loans


Feds broaden crackdown on dealership fraud


Toyota Financial adds products, bolsters support


Ally to relocate its headquarters in downtown Detroit


Ally touts dealership camaraderie in new ad campaign