Bank Collections

1 min read

Subprime auto loan bond market getting clobbered

November 8, 2022 Cucolle1

Loan delinquency and plummeting wholesale values clobbering subprime bond market (Bloomberg) — Subprime auto...

2 min read

Fourth quarter wholesale auto value slide begins

November 3, 2022 Cucolle1

Wholesale Prices, Week Ending October 29th The fourth quarter is when the market traditionally...

1 min read

Important New GAP Rules

October 28, 2022 Cucolle1

For California Auto Financing Contracts Upcoming Live Webinar November 8, 2022 10:00 a.m. PST...

1 min read

CFPB examining impact of higher loan amounts to rises in delinquency

October 25, 2022 Cucolle1

“loans originated in 2021 and 2022 are starting to show higher delinquency rates relative...

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CFPB and DOJ issue joint letter on SCRA

August 5, 2022 Cucolle1

We are issuing this letter to remind auto lenders and leasing companies (collectively, auto...

1 min read

Credit Union agrees to pay $4.6M over Notice of Intent Letters

June 29, 2022 Cucolle1

Repossessions are an unavoidable aspect to auto lending and the most dangerous and litigious...

1 min read

How to Avoid Being Sued for Things Auto Dealers Do Wrong

May 16, 2022 Cucolle1

Liability of Auto Lenders for Actions of Dealers Live Webinar, Next Tuesday May 24,...

1 min read

The truth about repossessions…

April 13, 2022 Cucolle1

GUEST EDITORIAL There is a truth about repossessions that most are not aware of....

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Has the subprime auto dumpster fire started?

March 27, 2022 Cucolle1

Smell Fire? Subprime auto loan delinquency climbs to highest rate since April 2020 Now...

1 min read

CFPB Guidance Webinar – March 2022

March 15, 2022 Cucolle1

Mar 17, 2022 12:00 PM – 2:00 PM PDT Last month, the Consumer Financial...

1 min read

A Closer Look at Deep Skip

March 8, 2022 Cucolle1

Part 1: How Deep Skip Repossession Services Locates the Most Elusive Vehicles When an...

1 min read

Santander agrees to pay $5.5M over post repossession notices

February 22, 2022 Cucolle1

More than 1,000 Massachusetts borrowers are expected to be eligible for relief under the...

1 min read

FDCPA update – REG F compliance

December 5, 2021 Cucolle1

GUEST EDITORIAL On November 30, 2021, the CFPB‘s FDCPA Regulation F Final Rules went...

1 min read

Washington DC seeks to make COVID era repossession moratorium permanent

November 24, 2021 Cucolle1

The Washington, D.C., City Council will meet next week to consider whether to make permanent a...

1 min read

A solid August keeps powersports sizzling,

September 23, 2021 Cucolle1

but Seasonal Trends are Beginning to Realign Traditionally powersports pricing follows a consistent seasonal...

1 min read

Data and technology tools ease pandemic-related staff reductions

September 9, 2021 Cucolle1

Many lenders had to cut staff due to COVID-19 when business shutdowns and government moratoriums on...