Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Allied Solutions explains why origination is episodic, but servicing is continuous
John Elias, sales specialist in auto finance business development for Allied Solutions, is back as the guest for another sponsored episode of the Auto Remarketing Podcast. Elias explains why current market conditions, affordability pressures and changing vehicle values are combining ... Listen Here
Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
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

Portfolio taps Neuenschwander to succeed Haugen as CSO

portfolio pics for web
SubPrime Auto Finance News Staff
Portfolio chief sales officer Dan Haugen has retired in a move effective Dec. 31. And the F&I solutions provider didn’t have to look far for a replacement, turning to David Neuenschwander, president of National Automotive Experts and NWAN, the Strongsville, ... [Read More]

More regulatory changes: FTC chairman resigns, too

FTC chair
SubPrime Auto Finance News Staff
A day after the director of the Consumer Financial Protection Bureau resigned, the chairman of the Federal Trade Commission made the same decision. FTC chairman Joseph Simons announced his resignation from the agency on Thursday. While the decision to leave ... [Read More]

Dealertrack: Credit availability down year-over-year

dealertrack chart for web
SubPrime Auto Finance News Staff
While Cox Automotive discovered a bit of improvement in vehicle affordability, one of its divisions determined that credit availability is tightening when compared to a year ago as well as before the pandemic intensified. According to the Dealertrack Auto Credit ... [Read More]

CFPB director resigns soon after Biden’s inauguration

CFPB at NIADA conference
Nick Zulovich, Senior Editor
An hour after President Joe Biden took the oath of office on Wednesday, Kathleen Kraninger resigned as director of the Consumer Financial Protection Bureau. Kraninger said in a post on Twitter along with her resignation letter: “As requested by the ... [Read More]

Reflecting on ‘pivots, challenges and opportunities’ within collections

transunion collections report for web
SubPrime Auto Finance News Staff
A new report by TransUnion and Aite Group examined the entire collections world, highlighting that outstanding balances in all credit segments declined by more than $8 billion from the end of 2019 to the midpoint of 2020. And experts see ... [Read More]

6 EFG executives project F&I activities during first half of 2021

2021 car ignition
SubPrime Auto Finance News Staff
Several industry forecasts already have been released, including one focused on overall used-vehicle sales, retailing of certified pre-owned models as well as the potential swelling of repossessions. This week, six executives from EFG Companies shared their expectations for how the ... [Read More]

Auto defaults remain unchanged in December

december default chart for web
SubPrime Auto Finance News Staff
Much on the default front remained unchanged to close 2020. Among the readings to finish the last year in that category was auto default. According to data through December released Tuesday by S&P Dow Jones Indices and Experian, the December ... [Read More]

Vehicle Affordability Index improves to close 2020

cox moodys december chart for web
SubPrime Auto Finance News Staff
For consumers hoping they could stretch their finances to acquire a new vehicle, the newest Cox Automotive/Moody’s Analytics Vehicle Affordability Index (VAI) offered a bit of uplifting news on Friday. Analysts discovered affordability improved in December, as represented by median ... [Read More]

Biden reveals nominees to lead CFPB & SEC

chopra gensler for web
Nick Zulovich, Senior Editor
President-Elect Joe Biden announced a number of key administration posts on Monday, including his choices to lead the Consumer Financial Protection Bureau and the Securities and Exchange Commission. Biden picked Rohit Chopra, currently a commissioner with the Federal Trade Commission, ... [Read More]

Vanguard Dealer Services promotes 2 veteran executives

vds-glss-logo for web
SubPrime Auto Finance News Staff
Vanguard Dealer Services chief executive officer James Polley announced two promotions this week of long-time executive within the company, a firm that has provided automotive consulting, dealership training and F&I products and services since 1999. Through a news release, the ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X