AFSA & NIADA welcome halt of discretionary publication of complaint narratives & visualizations by CFPB
Monday, Aug. 17, 2026, 10:34 AM
DriveItAway posts highest monthly revenue in company history
Friday, Aug. 14, 2026, 10:26 AM
Credit Acceptance plucks Amazon AI expert to be CTO
Thursday, Aug. 13, 2026, 09:48 AM
Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
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
SCUSA chooses Womack to succeed Broderick as operations head
SubPrime Auto Finance News Staff
Santander Consumer USA is set to become a private company. And the provider will do so with a new head of operations. According to a news release distributed on Wednesday, Santander named Marc Womack as head of operations in a ... [Read More]
700Credit & TradeVue form product alliance to help consumers & dealers
SubPrime Auto Finance News Staff
Two firms that look to offer critical information to help potential vehicle buyers navigate the path toward financing now are working together. Officials from 700Credit — a leading provider of credit reports, compliance solutions and soft pull products — recently ... [Read More]
Debexpert expands online auction, adding performing paper to charged-off offerings
Nick Zulovich, Senior Editor
Debexpert chief executive officer Ivan Korotaev has run financial services companies with presences throughout Europe and southeast Asia. Korotaev then saw potential success for an online auction of the sale of bad debts here in the United States. Debexpert not ... [Read More]
KBRA carefully explains softening credit performance
SubPrime Auto Finance News Staff
The word choices Kroll Bond Rating Agency (KBRA) used to describe its latest auto-finance indexes might be reassuring to executive and managers even if their collections are deteriorating. KBRA reported on Monday that August remittance reports showed softening credit performance ... [Read More]
Making sense of trends in retail sales, unemployment, vaccinations & more
Nick Zulovich, Senior Editor
Experts at Cox Automotive, the National Association of Federally-Insured Credit Unions (NAFCU) and S&P Global Ratings all tried to make sense of recent trends such as retail sales, unemployment, the pandemic and more. [Read More]
PODCAST: Another visit with Joe St. John of StoneEagle F&I
SubPrime Auto Finance News Staff
One of the most enthusiastic and knowledgeable regular guests on the Auto Remarketing Podcast recently returned, as StoneEagle F&I senior vice president of business development Joe St. John came back to discuss what’s happening in dealership finance offices nowadays. We ... [Read More]
Mixed trends within Cox Automotive’s financing indexes for August
SubPrime Auto Finance News Staff
Cox Automotive’s newest updates of indexes that track auto financing showed mixed developments with regard to dealerships being able to get their potential buyers financed and providers’ appetite to build portfolios. [Read More]
KeyBank sells $3.2B auto portfolio
SubPrime Auto Finance News Staff
In an effort to satisfy shareholders, KeyCorp is getting out of auto financing. Last week, KeyCorp announced that KeyBank has sold its indirect retail auto portfolio, and that KeyCorp has entered into an accelerated share repurchase (ASR) program. According to ... [Read More]
PODCAST: Lena Bourgeois of Equifax on auto-finance trends that demand more attention
SubPrime Auto Finance News Staff
In this episode of the Auto Remarketing Podcast, Lena Bourgeois discussed auto-finance metrics that are not getting as much attention nowadays but perhaps should. The senior vice president and general manager of automotive services at Equifax also shared anecdotes from recent ... [Read More]
Clarion Capital Partners invests in OpenRoad Lending
SubPrime Auto Finance News Staff
With some consumers benefitting from refinancing their retail installment contract, the investment world is seeing an opportunity, too. On Monday, OpenRoad Lending and Clarion Capital Partners announced that the New York-based private equity firm that focuses on making equity investments ... [Read More]
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