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Finance & Insurance
36 posts
White House Issues Executive Order Tightening Banking and Credit Access for Non-U.S. Citizens
On May 19, the Trump Administration issued an Executive Order (Order) entitled “Restoring Integrity to America’s Financial System.”…
Rates on Hold — What It Means for Your Used Car Business
The Federal Reserve’s decision to hold its benchmark rate at 3.5–3.75% in late April is more than a…
Subprime Loan Share Surges
After years on the sidelines, subprime borrowers are returning to the automotive finance market in a meaningful way.…
April Auto Sales Dip as Post-Tariff Surge Fades
The new-vehicle market continued to cool in April, and for used car dealers, that shift is creating both…
New CFPB Rule Could Ease Lending for Independent Dealers
On April 30, the Consumer Financial Protection Bureau issued a revised final rule implementing Section 1071 of Dodd-Frank,…
Lenders turn to AI for efficiency
From the February issue of UCD For lenders like Kevin Lawson at First Texas Auto Credit in Coppell,…
Fed cuts rate, eyes developments in subprime auto market
The Federal Reserve announced its second straight rate cut Wednesday, and that recent developments in the subprime auto…
NIADA attends AFSA to provide insight
NIADA participated in the American Financial Services Association’s (AFSA) Annual Meeting in Washington, D.C., Oct. 27, joining roundtable…
Percentage of drivers upside down on car loans grows
A new report shows the number of Americans finding themselves upside down on their car loans is increasing.…
NIADA submits letter to CFPB asking to raise threshold for large participant finance rule
NIADA submitted a comment letter to the Consumer Financial Protection Bureau (CFPB) in response to its Advance Notice…