It’s a change of seasons like no other before it. The weather is turning, vaccines are rolling, stimulus is arriving and maybe best of all, Hollywood is luring audiences back to movie theaters to watch titans collide above cities on the biggest screen possible. Down here on the ground, a new administration and an evolving regulatory landscape could bring titanic change to subprime auto. It’s...
Joseph Cioffi was interviewed for a ConsumerFi podcast, "Credit Chronometer Update with Joe Cioffi of Davis+Gilbert."
Joseph Cioffi was quoted in an Asset Securitization Report article, "Will Biden's CFPB Clamp Down on Subprime Auto Lenders?”
Joseph Cioffi was quoted in Asset Securitization Report, "Weekly Wrap: Pessimism Mounts in Subprime Auto Outlook."
It’s only fitting that we’ll end the year with more uncertainty, this time as a result of the elections. It seems safe to expect a Biden/Harris administration in January, but the road ahead remains a bit foggy pending the Georgia Senate run-off elections in January, the outcome of which will determine which party controls the Senate. Under Democratic control, we could see more progressive...
Joseph Cioffi was mentioned in a SubPrime Auto Finance News article, "Nortridge Launches Podcast Hosted by Current NAF Association President."
Our last market study, based on surveys conducted in the spring – before and then after the COVID-19 crisis began – found industry professionals surprisingly sanguine. Now, as the temperatures begin to cool and the virus rolls in waves across the country against the backdrop of a presidential election and continued uncertainty of future relief programs, we’ve gone back to market participants,...
