On Tuesday, Nova Credit and Westlake Financial launched a joint venture designed to make auto financing available to the more than 1 million immigrants, or “newcomers,” who arrive in the U.S. every year. More than 1 million immigrants arrive in ... [Read More]

VantageScore Solutions — which develops consumer credit scoring models that combine the need for both financial inclusivity and dependable predictiveness across all scoring ranges — appointed a new president and chief executive officer on Tuesday. Taking on this role is ... [Read More]

This episode of the Auto Remarketing Podcast delved into a topic so intricate that the conversation included two experts from RVI Group. Wei Fan, senior vice president, passenger vehicles, and Dave McKay, vice president of business development and sales, tackled ... [Read More]

Kroll Bond Rating Agency (KBRA) offered a recap of the Structured Finance Association’s annual SFVegas conference, which unfolded last week for the first time since before the pandemic arrived. [Read More]

TurboPass initially formed a relationship with Westlake Financial last summer to help the finance company and its network of dealerships during the underwriting process. Operating now as NowLake Technology, TurboPass is even more entrenched with that company. In a move ... [Read More]

This week, two existing companies merged to form one the largest independent insurance agencies that offer products exclusively for dealers in F&I, as well as property and casualty (P&C) coverage and employee benefits. Risk Theory Dealer Advisors and TrueRisk Advisors ... [Read More]

Finance companies know risk has to be absorbed somewhere; thus, that’s when insurance providers come into the picture. And S&P Global Market Intelligence’s annual U.S. Auto Insurance Market Report projected a dollar figure on just how much that risk is ... [Read More]

In August, the Consumer Financial Protection Bureau announced that two final rules issued under the Fair Debt Collection Practices Act (FDCPA) will take effect as planned on Nov. 30. Coinciding with new research showing how consumers often fail to respond ... [Read More]

The eighth partnership or software integration finalized by 700Credit so far this year arrived on Tuesday. The newest one formed by the provider of credit reports, compliance solutions and soft pull products, is an alliance with Mobauto, an engagement technology ... [Read More]

This week, APCO Holdings created a new executive position who’s tasked with advancing the organization’s project planning and changing management capabilities to drive continued growth. Picked to be in this role for the F&I provider, administrator and home to the ... [Read More]