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June 1, 2016 - Industry News

Mortgage Applicants Three Times As Likely to Open New Auto Loans, TransUnion Reports

A new study from TransUnion shows that prime or better mortgage applicants are up to three times as likely to open a new auto loan within 12 months of a mortgage inquiry.

Tags: auto finance, Auto Loans, Car Buyers, mortgage, TransUnion

October 19, 2015 - Industry News

Reynolds Expands Into Mortgage Banking With IDS Acquisition

The dealership software, documents, and compliance services provider has acquired IDS, a provider of mortgage documents and compliance services.

Tags: CFPB, docuPad, mortgage, Reynolds & Reynolds

August 14, 2014 - Industry News

Industry Responds to New York Times Op-Ed on Subprime Auto Loans

Photo Credit: Scallop Holden via Compfight cc

Industry associations responded this week to a New York Times opinion piece claiming that subprime auto lending is a predatory practice that stands to go the way of subprime mortgages.

Tags: AFSA, American Financial Services Association, Auto Lending, Department of Justice, impact of the Great Recession, Investigation, mortgage, NADA, National Automobile Dealers Association, Peter K. Welch

March 20, 2014 - Industry News

Banks, Credit Unions Feeling New Regulatory Burdens

A recent survey found that U.S. banks and credit unions are carrying a much heavier regulatory and risk management burden than they were a year ago. This is due in part to heightened concern over the mortgage guidelines recently finalized by the CFPB.

Tags: banks, CFPB, Consumer Financial Protection Bureau, credit unions, financial regulation, mortgage

March 26, 2013 - Industry News

Shastic Doubles Social Loan Calculator Client Base

Usage of Shastic’s social loan calculator is picking up, with the Berkeley-based company expanding its client base by 66 percent in the first quarter of 2013. Auto loans so far account for 49.4 percent of usage of the company’s Calcubot.

Tags: auto finance, auto loan, Calcubot, digital marketing, Finance, loan, mortgage, Shastic

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