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Banks’ auto originations rise in Q4
Banks reported growth in auto originations in the fourth quarter as credit performance was mixed. Auto originations at Ally Financial, Capital One, Chase Auto, U.S. B...
Tricolor collapse, servicing transition sparks industry changes
Gaps in data verification likely contributed to missed double-pledging of assets at Tricolor Auto, prompting changes at rating agencies, Larry Chiavaro, president at h...