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Bank of America revs up auto loans business despite warning signs
2016-03-03 12:07:35| Auto Dealers - Topix.net
The bank tapped mortgage executives Matt Vernon and John Schleck to lead the auto lending business last May, saying they would be able to sell auto loans alongside other products such as checking accounts and home equity loans. In interviews, the executives and their boss, D. Steve Boland, who oversees a broad swath of consumer lending, said they still see room for growth from borrowers who have good credit.
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Category:Automotive