dresslar-tom

Tom Dresslar

Former Deputy Commissioner

Tom Dresslar is a former reporter and also served as a deputy commissioner at the California Department of Business Oversight. He is now retired.

Consumer lending

There’s a ‘true lender’ fight brewing in California

The state has proposed a law to cap the interest rate on certain consumer loans, but nonbanks aim to skirt it by seeking a rent-a-charter.

By Tom Dresslar

December 20

TRENDING

Securitization

Volkswagen raises at least $1.3 billion in auto ABS

Some recent performance deterioration in Volkswagen's managed portfolio vintages and securitization pools helped account for the increase in expected CNL losses.

By Donna M. Mitchell

6h ago
Credit scores

CFPB's Chopra: AI can be the key to fairer credit scoring

Consumer Financial Protection Bureau Director Rohit Chopra said the FICO credit-scoring model has drawbacks in price, predictiveness and market competition, and stakeholders should develop a more open-sourced model that uses artificial intelligence.

By John Heltman

November 21
Apollo Global Management

Pivot Energy locks in $450 million warehouse facility to support solar projects

Pivot-HASI's portfolio consists of 96 projects, most of which are community solar facilities. Single off-take power purchase agreements for commercial clients make up the rest.

By Donna M. Mitchell

November 21