More Leadership Changes at Santander Consumer

The subprime auto lender Santander Consumer Holdings USA has made two key leadership moves as it faces ongoing accounting problems.

ABS East: Steve Eisman Brings Down the House (Again)

Steve Eisman, who profited from the mortgage metldown, tells an industry crowd why he thinks the financial system is safer under Dodd-Frank, why Silicon Valley is "clueless" about lending and what the next "big short" will be.

KBRA Taps Mauricio Noe to Lead European Push

KBRA has been certified by the European Securities Markets Authority since March 2013 and is the process of establishing a regulated European subsidiary.

In a First, Ford Names Woman to Head Finance Unit

Ford Motor promoted veteran executive Joy Falotico to lead the Ford Credit lending unit, making her the first woman to run the operation that provides financing to auto buyers and dealers worldwide.

Former MGIC CEO Bill Lacy Dies at 71

Former Mortgage Guaranty Insurance Co. Chairman and Chief Executive William Lacy Jr. died Sunday from respiratory failure. He was 71.


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Verizon Selling Bonds Backed by Cell Phone Payments

The $1.17 billion deal follows a year’s worth of management deliberations over issuing asset-backeds, which Verizon expects to lower the cost of financing device payment-plan agreements.The deal will also ease pressure on the carrier's own corporate credit ratings.

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