Category Archives: Consumer Auto Loans

Speech by Governor Raskin Downturns and Recoveries: What the Economies in Los Angeles and the United States Tell Us Good afternoon. I appreciate this opportunity to speak with you today. Im not sure when you last found yourself in a … Continue reading →

NEW YORK — Ally Financials net income more than doubled in the first quarter as the government-owned lender offered more mortgages through government refinancing programs. The lender, based in New York, appears to be weighing a bankruptcy filing for a … Continue reading →

KANSAS CITY, Mo., Apr 12, 2012 (BUSINESS WIRE) – Commerce Bancshares, Inc. /quotes/zigman/70257/quotes/nls/cbsh CBSH +1.04% announced record earnings of $.74 per share for the three months ended March 31, 2012 compared to $.66 per share in the first quarter of … Continue reading →

PHOENIX Final update 9:15 pm — Jury deliberations are expected to begin Thursday morning after attorneys wrap up their final arguments in the federal court trial of William and Rhonda Liddle. The Liddles are on trial in US District Court … Continue reading →

Valley National Bancorp (VLY) Q4 2011 Earnings Call January 26, 2012 11:00 AM ET Operator Ladies and gentlemen, thank you for standing by, and welcome to the Fourth Quarter Earnings conference Call. At this time, all participants are in a … Continue reading →

KANSAS CITY, Mo., Jan 24, 2012 (BUSINESS WIRE) – Commerce Bancshares, Inc. /quotes/zigman/70257/quotes/nls/cbsh CBSH 0.00% announced record earnings of $2.82 per share for the year ended December 31, 2011, an increase of 17.5% compared to $2.40 in 2010. Net income … Continue reading →

He said there has been a real difference between the value of distressed, or foreclosed upon, housing and other housing. The distressed values are still under a lot of pressure. The non-distressed housing is up, he said. Its not clear … Continue reading →

Mortgage unit fuels Ally 3Q loss Detroit-based lender loses $210M, says auto loans up 21% David Shepardson/ Detroit News Washington Bureau Detroit-based lender Ally Financial Inc. swung to a $210 million loss in the third quarter, on the impact of … Continue reading →

DENVER (Reuters) – The leader of the largest US auto dealership group, AutoNation Inc (AN.N), predicts US automobile sales will accelerate the last three months of 2011 and to rise in each of the next two years. AutoNations Chief Executive … Continue reading →