
Carleton survey shows depth of loan calculation errors, compliance strains & resource burdens
Thursday, Sep. 4, 2025, 10:40 AM

AFSA looking for stability as Senate considers Fed governor nomination
Monday, Sep. 8, 2025, 10:47 AM

North State Acceptance acquires portfolio from ‘premier’ specialty finance company
Monday, Sep. 8, 2025, 10:47 AM
New division Westlake Capital Finance fueled to help dealers grow operations
Monday, Oct. 14, 2019, 03:38 PM
SubPrime Auto Finance News Staff
Dealerships wanting to expand their operations now can turn to Westlake Technology Holdings. The finance company that originates installment contracts throughout the credit spectrum recently launched Westlake Capital Finance to provide commercial real estate loans to dealers. The commercial real ... [Read More]
DIMONT adds another former van Wagenen exec to leadership team
Friday, Oct. 11, 2019, 03:27 PM
SubPrime Auto Finance News Staff
For the second time this year, DIMONT reinforced its leadership team with a former executive from van Wagenen. This week, the Dallas-based provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries ... [Read More]
AutoMap promotes Sargeant to CEO
Friday, Oct. 11, 2019, 03:25 PM
SubPrime Auto Finance News Staff
An employee who has been with AutoMap for nearly 10 years now is the company’s chief executive officer. The provider of electronic vehicle monitoring and location services recently announced Mark Sargeant was promoted to CEO of AutoMap in a move ... [Read More]
A treat for the industry? Perhaps another rate cut coming
Thursday, Oct. 10, 2019, 03:03 PM
SubPrime Auto Finance News Staff
This week, the Federal Reserve released minutes from its September Federal Open Market Committee (FOMC) meeting that resulted in policymakers leveraging their second consecutive opportunity to lower the target range for the federal funds rate after having not taken a ... [Read More]
ARA unveils theme & registration for North American Repossessors Summit
Wednesday, Oct. 9, 2019, 04:11 PM
SubPrime Auto Finance News Staff
It might only be October, but the American Recovery Association (ARA) already has its eyes on early May, unveiling the theme for one of its largest annual events. ARA, along with headline sponsor, Harding Brooks Insurance, announced this week that ... [Read More]
ALS Resolvion shifts online location for best-practices forum
Wednesday, Oct. 9, 2019, 04:09 PM
SubPrime Auto Finance News Staff
ALS Resolvion is trying to make collaboration within the skip-tracing and repossession worlds a little easier to be done online. The recovery management firm this week announced a transition of its popular community forum, Lenders Repossession Best Practices, from one ... [Read More]
Open Lending promotes 2 longtime executives
Wednesday, Oct. 9, 2019, 04:08 PM
SubPrime Auto Finance News Staff
Open Lending promoted two of its executives this week who have combined to serve the company for nearly 20 years. The provider of analytics, risk-based pricing, risk modeling and automated decision technology for credit unions and other finance companies, announced ... [Read More]
Trust Science secures exclusive registration to use Credit Bureau 2.0
Thursday, Oct. 3, 2019, 04:04 PM
SubPrime Auto Finance News Staff
Trust Science gained important branding privileges this week. The company obtained official, exclusive registration over the use of “Credit Bureau 2.0” as a trademark from the U.S. Patent & Trademark Office. According to a news release, Trust Science and its ... [Read More]
Assessing risk as 84-month contracts become more prevalent
Thursday, Oct. 3, 2019, 01:46 PM
SubPrime Auto Finance News Staff
S&P Global Ratings senior director Amy Martin recently assembled a report with a title that concisely summarized the current state of auto financing. Martin’s analysis titled, “Speed Bump Ahead: As Auto Loans Accelerate Toward 84 Months, Caution Is Warranted,” reviewed ... [Read More]
New ALS Resolvion service aims to reduce impound headaches
Wednesday, Oct. 2, 2019, 04:19 PM
SubPrime Auto Finance News Staff
One of the most frustrating places where a finance company’s collateral can be during the repossession and recovery processes is the equivalent of “car jail.” To help mitigate risk and reduce that frustration, skip-trace and repossession management firm ALS Resolvion ... [Read More]
X