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Fed Chair Powell Signals Imminent Interest Rate Cuts
Federal Reserve Chair Jerome Powell stated in his August press conference that it is time for the central bank to consider cutting interest rates, marking a significant shift in policy. The move is driven by…
Automotive Market Uncertainty Fuels Dealer Pessimism
A public survey of automotive dealer sentiment for Q2 2024 reveals a stable yet cautious outlook among auto dealers. Despite concerns stemming from a weaker-than-expected tax refund season and ongoing political and economic uncertainties, some…
Auto Loan Denials Surge as Lenders Tighten Credit
Access to auto loans continues to decline as lenders tighten credit standards due to economic uncertainty and rising delinquencies. According to the New York Fed, the denial rate for auto loans reached 14.2% in June…
Colonnade Advises Pathward Financial on the Sale of its Insurance Premium Finance Business to Honor Capital
October 31, 2024 Pathward Financial, Inc. (Nasdaq: CASH) announced that its wholly owned subsidiary Pathward®, N.A. (“Pathward”), an industry leading financial empowerment company driven by its purpose to power financial inclusion, has closed the sale…
Colonnade Securities advises Maverick Document Signings, Inc. on its sale to 1876 Partners Fund I, LP
July 31, 2024 1876 Partners Fund I, LP (“1876 Partners”), acquired Maverick Document Signings, Inc. (“Mavsign”), the technology leader in remote document closing and fraud detection and mitigation services for motor vehicle dealerships in the…
