Auto lending

Steve Allocca is expected to play a key role in the online lender’s efforts to restart loan growth.

Loan origination system part of company’s lending technology push.

The Minnesota company recently announced that it would stop selling auto loans since credit quality concerns have slowed investor demand, but it is unclear whether its plan to keep all its car loans on its books is less risky.

The GOP is working on a plan that could extend the Congressional Review Act's reach so that it may overturn certain policies all the way back to 1996.

Executives at the embattled bank made clear Thursday that they are not discarding its long-standing strategy of selling additional products to existing customers.

Banks are increasingly tightening lending standards for commercial real estate loans and are likewise seeing a drop-off in demand, according to a report released Monday by the Federal Reserve Board.

The weakening car-loan market poses a big challenge for the Detroit-based lender, but it also could also present an opportunity, since other big banks are sharply reducing their exposure.

Depending whose money they're using, Wells Fargo and JPMorgan Chase either love subprime car loans or fear them.

The Consumer Financial Protection Bureau ordered an auto loan servicer on Wednesday to pay $2.4 million for failing to live up to the terms of a 2015 consent order.

Profits at the Dallas lender plunged as it slashed originations and edged up the credit spectrum.