Wilmington Trust, National Association, a subsidiary of M&T Bank, as trustee for Tricolor Auto, is responsible for facilitating payments and providing protection for noteholders, managing defaults and ...

Fintech powersports lender Octane closed a $350 million forward-flow deal with investment manager Nuveen, the latest in the lender’s efforts to diversify its funding. Octane’s deal spans powersports ...

Bank of America has expanded its dealer network to a record high as it works to connect dealers and consumers through digital tools that aim to speed up transaction times. The bank’s dealer network ...

Powersports lenders came to market in recent weeks with recreational vehicle loan-backed securitizations amid consumer affordability concerns. M&T Bank and U.S. Bank issued asset-backed securitization ...

Global Lending Services has joined Nissan Motor Acceptance Corp.’s dual pass-through program for subprime borrowers. NMAC has since 2014 offered its SignatureACCESS subprime pass-through program, ...

RideNow Group Inc. secured an additional $35 million in floorplan financing capacity, expanding the company’s liquidity as it ...

Chase Auto’s digital strategy separates its performance metrics into three pieces, Head of Retail and Consumer Strategy Rohan ...

Bank of America Securities expects U.S. retail auto ABS issuance to decline in 2026 amid softer vehicle sales and ...

House lawmakers made public a massive transportation bill Sunday that would impose new fees on electric vehicles as gasoline ...

Bogged down by debt, buy-here, pay-here lender Synergy Capital Auto Lending filed for Chapter 11 bankruptcy protection in the Western District of Texas on April 25. Synergy Capital provides in-house ...

Stellantis Financial Services received approval to form an industrial bank, allowing it to tap FDIC insurance and expand its ...

Powersports retailer RideNow Group’s finance and insurance revenue rose in the first quarter as same-store revenue, gross ...