Over the past year, the handling of personal property and redemption fees has become one of the hottest compliance topics in the industry. It is on the radar screen of virtually every auto finance company in the country, as well as the regulators. Most of this interest is sparked by Consumer Financial Protection Bureau concerns […] [Read More]

He might be one of the most well-known individuals within the repossession and recovery industries. And it’s not just because of his stylish cowboy hat and boots. Alex Price, better known as the “Skip Guru” and director of risk solutions at Digital Recognition Network (DRN), sat down with Nick Zulovich for a conversation during this year’s […] [Read More]

Validating a customer’s income and other financial information is one of the most important parts of underwriting. Start-up company TurboPass, which is powered by FormFree, says its tool can eliminate the hassle and risk associated with traditional asset and net income verification. For this episode recorded during the annual conference hosted by the National Automotive Finance […] [Read More]

Finance companies often follow one of two paths to complete their repossessions. Some use the direct model to work exclusively with a repossession agent; others use the forwarding model and have a separate provider handle the repo and remarketing chores. ENDTRUST is looking to offer a blend of those two methods. In this episode of […] [Read More]

For this episode of the Auto Remarketing Podcast, Nick had the opportunity to learn more from a pair of experts at FICO who elaborated about the findings of the company’s first global survey on consumer perceptions of the automotive finance process. Included in the episode are Ken Kertz, senior director and practice leader of auto […] [Read More]

A pair of monthly wholesale market trackers showed price increases in July, propelled in part by what trucks and utilities are fetching in the lanes nowadays. How are dealers reacting? Well, one weekly sale observer described the scene as “many buyers were left shaking their heads.” So let’s get into the numbers of what’s leaving […] [Read More]

ACERTUS, formerly known as MetroGistics, has been named one of the 150 Top Workplaces by the St. Louis Post-Dispatch. To determine its list of winners, ACERTUS said that the newspaper surveyed a total of 44,000 people. In addition to exuding effective leadership, strong values and clear direction, ACERTUS was recognized for its employee amenities such as […] [Read More]

Columbus Fair Auto Auction is gearing up for its upcoming charity event and its largest GM Financial sale next week, the auction announced Wednesday. In just a few days, the auction will host the 32nd Annual William Jacobs Memorial Golf Outing in support of the Columbus City School’s Eastmoor Academy football field re-sodding project, Columbus Zoo […] [Read More]

The numbers foretell how dramatic inventory planning must change if dealers want to keep their used-car lots filled. Decreasing new-car sales, declining lease originations and consumers keeping vehicles longer are together tightening the supply of used cars. New-car dealers feel the pinch, and so too do independent and buy-here/pay-here (BHPH) operators. Some say the car business […] [Read More]

GfK announced Monday that it has chosen former Cox Automotive director of research and market intelligence Jim Ehrlich to join its Auto Syndicated study team in Los Angeles. As a new senior vice president and account manager at GfK, Ehrlich will primarily work with West Coast automotive clients, the research firm said in a news […] [Read More]