UNCERTAIN FUTURE: Shares in Ally Financial, led by Chief Executive Officer Michael Carpenter, have fallen by about 2% since the firm's initial public offering in April. Ally is one of many auto lenders facing questions about the threat to its bottom line from stepped-up regulatory pressure.
U.S. auto lending is still booming, but those in the industry are not smiling as widely as you might expect. more »
Columbia Financial International Inc. announced Wednesday it is awarding $50,000 in grants to the collection industry to be used for education in Fair Debt Collection Practices Act regulations. more »