DANVILLE, Calif. and LOS ANGELES – GDNAuto, the automated marketplace that connects buyers and sellers of auto loan portfolios, will operate under the new name DebtMarket, reflecting an expansion into other consumer loans, including mortgages and student loans.
The company also announced a partnership with dealer management software (DMS) provider Frazer Computing to integrate the DebtMarket [...]
SAN FRANCISCO, Aug 14 (Reuters) - A public online exchange for subprime home and consumer loans opens for business on Friday, aiming to fill a niche by providing open, centralized bidding for investors in packages of smaller debt.
Start-up DebtMarket hopes to do for subprime home and consumer loans what online retailers have done for merchandise, [...]
Start-up hopes to offer exchange for subprime home loans
* Opens for business on Friday
SAN FRANCISCO, Aug 14 (Reuters) - A public online exchange for subprime home and consumer loans opens for business on Friday, aiming to fill a niche by providing open, centralized bidding for investors in packages of smaller debt.
Start-up DebtMarket hopes to do [...]
Special Finance May 2009 Article
Current economic conditions and the squeeze on credit have many
auto dealers refocusing their efforts on used-car sales.
For franchise dealers, that may include considering in-house
financing for the first time. Whether you’re new to the game
or ready to move your portfolio for the first time, you owe
it to [...]
By: Vince Haley and Kevin Thomas Pigott 03.09.09
The shrill call for the nationalization of U.S. banks has made this unfortunate outcome seem all but inevitable. In a last-ditch effort to avoid nationalization, Treasury Secretary Geithner has come forward with a plan to relieve banks of their troubled assets and keep them viable through a [...]
The shrill call for the nationalization of U.S. banks has made this unfortunate outcome seem all but inevitable. In a last-ditch effort to avoid nationalization, Treasury Secretary Geithner has come forward with a plan to relieve banks of their troubled assets and keep them viable through a “public-private financing” mechanism. A competing strategy calls for [...]
Last week we announced a lot of upcoming changes and improvements to the GDN site to enhance your experience. On 7/7/09 from 2-5am PDT, my.gdnauto.com will be offline while we install some of those updates. Your profile information, portfolio listings, files, bids, messages etc. will not be affected during this time.
We apologize in advance for [...]
ALAMO, Calif. — Global Debt Network Inc. has announced the launch of GDNopen, an auto-loan transaction platform for financial institutions and retail dealers who originate recreational vehicle loans.
GDNopen is a Web-based platform designed to make whole loan transactions more efficient and transparent. With over 130 debt buyers registered on GDNopen, sellers can achieve more competitive [...]
ALAMO, Calif. — Global Debt Network has expanded its auto loan transaction solution to include services for financial institutions and dealerships that originate recreational vehicle loans.
The company is currently accepting motor home and towable recreational vehicles to be placed for sale and plans to introduce its powersport and water-sport platforms some time in the next few weeks.
Additionally, it is currently developing [...]
BATON ROUGE, La. - (Business Wire) AppOne, a part of Wolters Kluwer Financial Services, announced today that it has launched its new platform for buy-here, pay-here (BHPH) automotive dealerships in conjunction with Global Debt Network’s GDNAuto, an [...]
