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Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings
Monday, Mar. 23, 2026, 01:56 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here
Industry Elite: Mike Clark Jr. of C&C Cars
Friday, Mar. 20, 2026, 03:50 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

S&P Global Ratings modifies views of Lendbuzz & SAFCO securitizations

Kinetic Advantage finalizes first securitization
Monday, Sep. 29, 2025, 10:22 AM
SubPrime Auto Finance News Staff
Subprime auto finance securitizations are being watched even more than usual nowadays. Late on Friday, S&P Global Ratings adjusted its ratings of securitizations provided by Lendbuzz and Southern Auto Finance Co. (SAFCO). According to a news release, S&P Global Ratings ... [Read More]

COMMENTARY: Tricolor’s failure is an opportunity for dealers

Friday, Sep. 26, 2025, 09:58 AM
Chance Mayfield, Carfluent
The recent collapse of Tricolor Holdings presents a significant opportunity for auto dealers. Tricolor’s business model was unique in that it specifically targeted the Hispanic and Spanish-speaking community. With the company’s sudden bankruptcy and subsequent liquidation, its customers are left ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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AFSA & ABA seek collaboration to reduce fraud in auto finance & elsewhere

Thursday, Sep. 25, 2025, 10:47 AM
SubPrime Auto Finance News Staff
Both the American Financial Services Association and the American Bankers Association welcomed the dialogue during a hearing last week hosted by the U.S. House Financial Services Committee. Lawmakers and industry advocates discussed several financial scams currently affecting consumers and lenders, ... [Read More]

ARA forms new committee focused on agent safety

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Wednesday, Sep. 24, 2025, 12:16 PM
SubPrime Auto Finance News Staff
The American Recovery Association recently formed another committee. President Vaughn Clemmons said this one “was established to tackle one of the greatest challenges in our profession: ensuring the safety and protection of repossession agents.” ARA said its Recovery Agent Protection ... [Read More]

KBRA, S&P Global Ratings give updates on Tricolor securitizations

Wednesday, Sep. 24, 2025, 10:32 AM
SubPrime Auto Finance News Staff
Both KBRA and S&P Global Ratings gave updates this week about its ongoing evaluation of securitizations made by Tricolor Holdings, which recently filed for Chapter 7 bankruptcy. S&P Global Ratings suspended its ratings on six classes of automobile receivables-backed from ... [Read More]

Vervent takes on successor servicing role following Tricolor bankruptcy

Tuesday, Sep. 23, 2025, 10:12 AM
SubPrime Auto Finance News Staff
Vervent confirmed via a news release on Monday that it has been authorized to step in as a successor servicer in response to the Chapter 7 bankruptcy filing by Tricolor Holdings. Previously designated as backup servicer, Vervent said it has ... [Read More]

Beginning of October marks initial availability of defi SOLUTIONS’ integration with Informed.IQ

Launcher
Monday, Sep. 22, 2025, 10:28 AM
SubPrime Auto Finance News Staff
When October begins next week, clients who use defi SOLUTIONS should be able to use some new capabilities offered by Informed.IQ courtesy of a recent integration. According to a news release, lenders will be able to seamlessly integrate Informed.IQ’s vertical ... [Read More]

Informativ acquires Carmatic to offer unified solution for dealers & partners

Monday, Sep. 22, 2025, 10:23 AM
SubPrime Auto Finance News Staff
Earlier this month, Informativ introduced Verified Stips powered by TurboPass to boost underwriting. Then last week, the provider of fraud prevention, compliance, and credit technology for the automotive and consumer finance industries made an even more substantial move, acquiring Carmatic, ... [Read More]

New FICO report shows deterioration of scores among consumers already in auto portfolios

Friday, Sep. 19, 2025, 10:34 AM
SubPrime Auto Finance News Staff
The FICO Score Credit Insights report — a new analysis offering a detailed look at how consumer credit behaviors are evolving across the United States — contained some notable trends about auto financing, especially associated with the consumers already in ... [Read More]

Implications for auto finance as Fed ‘is in a pickle’

Thursday, Sep. 18, 2025, 10:18 AM
Nick Zulovich, Senior Editor
The Federal Reserve “is in a pickle.” That’s the summation from Comerica Bank after the Federal Open Market Committee cut the federal funds target rate a quarter percent to a range of 4.00% to 4.25% on Wednesday. The move by ... [Read More]

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