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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

New Jersey AG files fraud charges involving $1.3M worth of inventory

news pic
Monday, Sep. 14, 2020, 02:10 PM
SubPrime Auto Finance News Staff
Alleged fraudsters tried to cultivate quite a scheme in the Garden State during a two-year timeframe. Last week, New Jersey attorney general Gurbir Grewal announced that nine individuals have been charged with conspiring to use stolen identities to obtain New ... [Read More]

Webinar poll shows majority of finance companies only ‘somewhat prepared’ for federal exams

best practices
Friday, Sep. 11, 2020, 02:58 PM
SubPrime Auto Finance News Staff
Perhaps a primary reason recently Wolters Kluwer Lien Solutions hosted an informational webinar appeared through a participant survey conducted during the session. Nearly 60% of the live webinar audience polled about portfolio management for auto financing responded that they felt ... [Read More]

As down payments climb, likelihood of another federal stimulus dims on Capitol Hill

capitol hill
Friday, Sep. 11, 2020, 02:41 PM
Nick Zulovich, Senior Editor
Edmunds shared data with SubPrime Auto Finance News that average down payments in August climbed by more than $400 on new-car deals and by nearly $700 on used-vehicle transactions. Experts and surveys both pointed to how previous federal government stimulus ... [Read More]

Free ZipDeal eBook gives strategy to increase F&I profits, improve cash flow, boosts CSI

zipdeal for web again
Wednesday, Sep. 9, 2020, 03:36 PM
SubPrime Auto Finance News Staff
Less than a month after launching its F&I solution, ZipDeal this week unveiled a free eBook the company said was created to help dealers combat the erosion of front-end profits on new and used vehicles with a customer-driven, digital vehicle ... [Read More]

DOWC names Silas as director of sales

gene silas for web
Wednesday, Sep. 9, 2020, 03:34 PM
SubPrime Auto Finance News Staff
Dealer Owned Warranty Co. recently promoted industry veteran Gene Silas as director of sales. The provider and administrator of F&I products and services said Silas brings a wealth of experience and dealer relationships to his new role at DOWC. Following ... [Read More]

FTC shuts down 4 dealerships previously charged with falsifying financing documents

FTC building
Tuesday, Sep. 8, 2020, 01:51 PM
SubPrime Auto Finance News Staff
Just before the holiday weekend, the Federal Trade Commission announced a group of dealerships in Arizona and New Mexico must cease business operations. It’s all part of a court-approved settlement resolving charges the regulator made two years ago that the ... [Read More]

Chambers USA honors 19 McGlinchey Stafford attorneys, 8 practice areas

business excellence
Friday, Sep. 4, 2020, 01:45 PM
SubPrime Auto Finance News Staff
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]

Q2 subprime originations soften to all-time low

subprime credit report
Thursday, Sep. 3, 2020, 02:37 PM
SubPrime Auto Finance News Staff
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]

ARA launches whitepaper series called ‘Repossession Matters’

repossession matters for web
Wednesday, Sep. 2, 2020, 04:11 PM
SubPrime Auto Finance News Staff
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 hires new SVP of sales and marketing

servicing solutions Yudin for web
Wednesday, Sep. 2, 2020, 04:02 PM
SubPrime Auto Finance News Staff
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]

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