Skip to content
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Cart
  • Inside Mortgage Finance
  • MBS & ABS
  • The GSEs
  • The CFPB
  • Mortgage Trends
  • FHA/VA Lending
  • Nonconforming Markets
  • Data
    • Subscribe to Data
Home » DOJ Subpoenas Top Subprime Auto ABS Issuers GM Financial, Santander Consumer; Who’s Next?
Looking to read the full article? Register for free access to IMFnews content today!

DOJ Subpoenas Top Subprime Auto ABS Issuers GM Financial, Santander Consumer; Who’s Next?

August 15, 2014
The Department of Justice recently subpoenaed GM Financial and Santander Consumer USA, two of the largest subprime auto ABS issuers in the U.S., over concerns about their subprime auto lending and securitization operations, the two companies recently revealed. The developments suggest that such regulatory scrutiny of the sector in the wake of the financial crisis is intensifying, market participants and policy analysts say. Whether that will pose a substantial risk to other lenders remains to be seen. GM Financial announced...
News Inside MBS & ABS Inside Nonconforming Markets Inside the CFPB ABS Securitization Originations Regulation Non-Mortgage Regulation Auto Lending
Purchase this article for $55.00
Subscribe To The Newsletter

Latest Imf News

  • Conventional-Conforming Share of Originations Rises in 1Q

  • Two Harbors Extends CCM Vote; CCM Not Budging

  • eNote Proponents Surprised by Limited Adoption

  • FHA Seeks Feedback on Property Requirements

More Imf News

Featured Data

  • Nonbanks See Rebound in Mortgage-Banking Income

  • Bank MBS Holdings Rise in 1Q26, Investors Like Ginnie

  • Refi Share of Originations Nears 50% in First Quarter

  • GSE Deliveries Increase in April, Credit Box Tightens

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 4Q25 (PDF)

  • Mortgage Profitability Report 4Q25 (PDF)

  • Lender Profiles 4Q25: Top 25 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results
  • About
    • About Inside Mortgage Finance
    • Contact Us
    • Advertising
    • Privacy Policy/Terms
    • Article Reprints/Web Postings
    • Copyright FAQ
  • Customer Center
    • Subscribe
    • Request a Sample
    • Account Inquiries
    • Change of Address
    • Change of Delivery Method
    • Data Licensing
    • Password Reminder
    • Group Subscriptions
    • Refunds
    • Renew Your Subscription
    • E-mail Newsletters
  • Mortgage Data
    • Origination
    • Servicing and Portfolios
    • Mortgage Insurance
    • Securitization
    • Agency MBS Activity
    • Non-Agency MBS Activity
    • MBS Investor Activity
    • ABS Activity
    • Commercial MBS Activity
    • Funding Activity
    • Earnings and Financials
    • Regulatory Data
    • Mortgage Rates and Terms
    • Subscribe to Data
    • Lender Profiles
    • HMDA Dashboard
    • Contacts Directory
    • Custom Data
    • Data Licensing
  • Reports
    • Data Reports
    • Industry Studies
    • Regulatory Reports
    • Statistical Annual
    • Free Reports

© Copyright 2026 Inside Mortgage Finance Publications
Design, CMS, Hosting & Web Development :: ePublishing