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September 2018

May 20, 2019, 5:00 p.m. EDT 1 Min Read

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TRENDING

Auto ABS

Tricolor trustee plans to sue bankrupt auto dealer's founder

The trustee asked a Dallas federal judge to limit Chu's access to $15 million worth of insurance that normally kicks in when directors and officers of a company are facing legal problems related to their corporate duties.

By Steven Church and Scott Carpenter

37m ago
Securitization

Merchants Automotive Group securitizes $500 million in vehicle leases

Most of Merchant's Fleet Funding 2025-1's underlying leases are open-end, and the underlying assets have limited residual value risk.

By Donna M. Mitchell

December 11
Buy now pay later

BNPL growing as charge-offs and late fees decline: CFPB

A Consumer Financial Protection Bureau report on Pay in 4 buy now/pay later loans offered validation for an industry that has faced criticism for expanding into everyday spending, such as food delivery.

By Joey Pizzolato

December 11