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A flourishing vehicle segment still couldn’t offset the lingering effects of the housing crisis for Ally Financial Inc., which posted a lower first-quarter profit today.
Read More →Open Dealer Exchange LLC formed an agreement with Hauppauge, New York-based Teledata Communications Inc. (TCI) to provide direct integration services with the loan origination system (LOS) provider’s DecisionLender solution.
Read More →Finance company Exeter Finance Corp. secured a $100 million line of credit with Wells Fargo Bank N.A. The credit facility will provide substantial capital for the growth of Exeter's loan portfolio and enable expansion of its branch network this year.
Read More →Saying economic conditions have reached the optimal period for new loan originations, Dan Berce told investors and media outlets that AmeriCredit increased originations during the March quarter by $245 million.
Read More →DebtMarket, a portfolio sales marketplace, and First Associates Inc., a consumer loan servicing firm, have partnered up to provide a new way to sell loan originations and improve loan servicing.
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