Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

PODCAST: Top 3 F&I data points from 2021 spotted by StoneEagle

podcast image
SubPrime Auto Finance News Staff
In his first appearance of the year on the Auto Remarketing Podcast, StoneEagle F&I senior vice president of business development Joe St. John acknowledged how enticing it would be to run a dealership again because of the F&I performances many ... [Read More]

KBRA spots more payment wobbling in December reporting

KBRA december chart for web
SubPrime Auto Finance News Staff
More evidence that consumers maintaining their monthly payments for their vehicles is continuing to wobble arrived this week from Kroll Bond Rating Agency (KBRA). In its latest analysis looking at the automotive securitization market, KBRA found that December remittance reports ... [Read More]

Frank discussion about repossession fees and relations among agents, forwarders & finance companies

Jeremiah Wheeler at UCW 2019
SubPrime Auto Finance News Staff
Clashes involving repossession agents, forwarders and finance companies recently brought Jeremiah Wheeler of DRN | MVTRAC into the mix. When agents stopped scanning license plates as a way to create industry attention about repossession fees, the move left Wheeler with ... [Read More]

APCO Holdings & DealerPolicy partner to boost back-end gross potential

APCO_Dealer-Policy for web
SubPrime Auto Finance News Staff
More opportunities to enhance the insurance opportunities within your dealership finance office recently arrived. DealerPolicy, a leading insurance marketplace for automotive retail, announced a strategic partnership with APCO Holdings, a leading provider and administrator of F&I products and home to the EasyCare ... [Read More]

defi SOLUTIONS & Open Lending expand partnership to help captives

Charles defi SOLUTIONS at UCW 2019
SubPrime Auto Finance News Staff
For captive finance companies interested in buying paper lower on the credit spectrum, assistance is coming later this year from defi SOLUTIONS, which recently announced expansion of its partnership with Open Lending. The service providers highlighted the expansion includes an ... [Read More]

Auto defaults close 2021 by rising for 6 straight months

red arrow graphic
Nick Zulovich, Senior Editor
Perhaps executives and managers associated with auto collections, repossessions and recoveries are sending each other messages with a GIF attached featuring the character Michael Scott from the popular TV show, “The Office,” with him yelling, “It’s happening!” According to December ... [Read More]

SCUSA gives $35M grant to ‘bridge the digital divide’

Charity shutterstock_88662181
SubPrime Auto Finance News Staff
Santander Consumer USA is looking to be a financial resource not just in vehicle deliveries. Coinciding with the Martin Luther King Holiday, SCUSA announced on Monday that it is partnering with technology and community nonprofit Comp-U-Dopt to help “bridge the ... [Read More]

Experian & Oliver Wyman see path to score 96% of credit applicants

experian oliver wyman chart for web
SubPrime Auto Finance News Staff
It’s a challenge non-prime and subprime auto finance companies face regularly inside their underwriting departments. An application lands from a consumer with a thin credit file or one who isn’t scored at all. Experian and Oliver Wyman recently found expanded ... [Read More]

Exeter reveals CFO succession plan

exeter execs for web
SubPrime Auto Finance News Staff
After the closing of the company’s sale to an investor group led by Warburg Pincus as well as an expansion of its origination strategy last month, more significant changes at Exeter Finance came late on Thursday. The non-prime auto finance ... [Read More]

StoneEagle promotes another exec, this time to be chief customer officer

StoneEagle Kathy Burns for web
SubPrime Auto Finance News Staff
For the second time this week, StoneEagle elevated one of its internal executives into an expanded leadership role. On Friday, the provider of F&I and service metrics for the past 35 years named Kathy Burns as its new chief customer ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X