Not long after launching its lending and leasing as a service (LLaaS) product powered by Oracle, technology services and consulting company DecisivEdge articulated what the firm believes are the six “must haves” when auto finance providers are considering loan origination software (LOS).
Automotive Personnel chief executive officer Don Jasensky acknowledged one of the most difficult challenges during the candidate-evaluation process is to determine whether the individual seeking the position at your firm actually can handle all of the demands and responsibilities asked of the pos
Even as TransUnion noted that auto finance origination volume appears to be losing a little steam, the Federal Reserve Bank of New York’s Household Debt and Credit Report released on Wednesday showed how the balances consumers are absorbing for their vehicles helped to push total consume
S&P Global Ratings recently considered what two specific areas contain the most risk since loosening underwriting resulted in U.S. auto loans and leases rising steadily over the past several years to reach all-time highs in 2016.
The National Automotive Finance Association is organizing the 21st annual Non-Prime Auto Financing Conference with the same mandate organization leadership has held for more than two decades.
PointPredictive recently announced the general availability of an enhanced version of DealerTrace, a comprehensive consortium-based analytic solution designed to provide auto finance companies with a dealer-level, holistic view of fraud and early payment default risk.
Financial technology and lending decisions are built on data. Lenders can buy data in the form of reports, statistics and bits of information about consumers and their buying habits from hundreds of companies and accumulate mountains of their own new data from every portfolio and process.
Alternative credit information provider FactorTrust announced earlier this week the addition of United Auto Credit to its growing number of clients enlisting alternative credit data to help qualify and evaluate risk in their underwriting process.
RouteOne announced on Thursday that defi SOLUTIONS is now an eContracting certified loan origination system (LOS) with RouteOne. The companies highlighted that finance sources utilizing defi’s LOS now can benefit from a streamlined eContracting implementation process.