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Auto Financeby StaffMay 9, 2013

Prestige Executes $350 Million Portfolio Securitization

Prestige completed its eleventh and largest rated term securitization, issuing $350 million in securities backed by more than $353 million automobile installment receivables.

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Complianceby StaffMay 9, 2013

DOJ Taking Closer Look at Auto Finance

The CFPB isn’t the only regulator interested in what goes on inside the F&I office. The U.S. Department of Justice also is taking aim at retail installment transactions.

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F&Iby StaffMay 9, 2013

Friendly Finance Enters Three New Markets

The subprime auto finance source is now operational in 15 states after entering the Arizona, Colorado and Minnesota markets.

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Digitalby StaffMay 9, 2013

VisionMenu Now Integrated With Dealertrack’s DMS

The integration allows dealerships using Dealertrack’s DMS solution and VisionMenu to quickly and directly access a one-click menu from the dealer’s library of templates.

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F&Iby StaffMay 9, 2013

Santander Plans IPO

Santander Consumer USA and three other equity firms are planning to list Santander in the coming months to take advantage of favorable market conditions to sell shares.

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F&Iby StaffMay 9, 2013

VASS Helps Dealers Boost CSI Scores

VASS Automotive Customer Testimonial Pages announced it will now include a CSI component in its software to help auto dealers increase their scores.

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F&Iby StaffMay 9, 2013

Hudson Cook Adds Jed Mayk as Partner

The new partner will establish the firm’s West Chester, Pa., office, and will be focused on state and federal consumer finance laws for banks and non-bank consumer credit providers.

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F&Iby StaffMay 7, 2013

[Video] Tip of the Week: Customer, May I?

UDS’ Gerry Gould has a suggestion for how to treat your customers. And it starts with being polite.

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F&Iby StaffMay 7, 2013

FTC: Credit Report Errors Result in Less Favorable Loan Terms

A recent study by the Federal Trade Commission determined that, for five percent of consumers, credit report errors led to them paying more for products such as auto loans and insurance.

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F&Iby StaffMay 7, 2013

CFPB Takes Aim at F&I Products

The Consumer Financial Protection Bureau is reportedly looking into the sale of F&I add-ons, a move that comes less than two months after the bureau said it would hold indirect auto lenders responsible for lending practices it considers discriminatory.

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