A firm highlighted among the Special Finance 175 — McGlinchey Stafford — recently announced that 19 attorneys and eight of its practice areas have been recognized in the 2020 edition of Chambers USA – America’s Leading Lawyers for Business. Each ... [Read More]

Well, here comes another automotive industry statistic establishing an all-time reading during the coronavirus pandemic. Findings from Experian’s Q2 2020 State of the Automotive Finance Market report release on Thursday morning indicated that the amount of financing originated during the ... [Read More]

The American Recovery recently rolled out its latest informational initiative since the coronavirus pandemic began. The newest project is a new whitepaper series titled, “Repossession Matters,” as ARA said it will be addressing issues and presenting revenue models to allow ... [Read More]

Servicing Solutions recently hired a new senior vice president of sales and marketing: an executive with a long-standing relationship with the company’s top management. Bringing more than 20 years of sales and management experience to the loan servicing, call center and ... [Read More]

Flagship Credit Acceptance turned to a seasoned executive from the mortgage space to be its new chief financial officer. On Tuesday, the auto finance company announced the appointment of Rob Crowl, a seasoned senior-level executive with more than 34 years ... [Read More]

While bankruptcy filings have either remained stable or even below year-ago readings so far during a turbulent 2020, experts caution that filings could increase as financial difficulties continue from the coronavirus pandemic. To help finance companies consider the potential ramifications if ... [Read More]

Toyota Financial Services is looking to assist its customers with the latest turmoil to strike during this turbulent year. Last week, the captive announced it is offering payment relief options to its customers affected by Hurricanes Laura and Isaias, as ... [Read More]

Credit Acceptance’s legal team is facing a host of challenges from state attorneys general nowadays. Earlier this month, the company acknowledged it received subpoenas from the AGs in Maryland and New Jersey. Then on Monday, Massachusetts attorney general Maura Healey ... [Read More]

Protective Asset Protection is serving up a six pack for dealerships. While the stress triggered by COVID-19 might merit popular beverages that oftentimes come in packages of six, the provider of F&I programs, services and dealer owned warranty company programs ... [Read More]

Not only are finance-company leaders likely are thinking of the health of themselves as well as well their family, friends, employees and customers, but also the condition of their outstanding portfolio. In an attempt to aid the status of the ... [Read More]