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Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here
Robert Guerrero of ClaimBuyout on inventory opportunities for dealers via repairable vehicles
Tuesday, Jan. 13, 2026, 07:19 PM
Robert Guerrero spent nearly 14 years as an executive with Insurance Auto Auctions, so he understands the complexities of damaged vehicles, distraught owners, auto insurers and repair shops. Now as the president and co-founder of ClaimBuyout, Guerrero explained how damaged ... Listen Here
Protecting yourself when it comes to vehicle transport with Autosled VP Sam Goldenberg
Monday, Jan. 12, 2026, 05:16 PM
Imagine being a dealer and the vehicle you expected to be transported to your store isn’t on the hauler behind your showroom. And no one knows where the vehicle is. To help avoid the unfortunate situation, Autosled vice president of ... Listen Here

PODCAST: Industry update from NAF Association leadership

UCW letters by Jonathan
Tuesday, Nov. 26, 2019, 03:30 PM
SubPrime Auto Finance News Staff
As part of our collection of podcasts originating from Used Car Week 2019, Nick Zulovich shared a conversation with the leadership of the National Automotive Finance Association. Current president Joel Kennedy and executive director Jack Tracey discussed what they’re hearing ... [Read More]

Massachusetts AG lands nearly $1M judgment against independent dealer

legal analysis
Monday, Nov. 25, 2019, 04:44 PM
SubPrime Auto Finance News Staff
The Massachusetts attorney general recently landed a judgment against an independent dealership totalling nearly $1 million for nearly a half dozen allegations. Attorney general Maura Healey recently announced this judgment includes restitution to consumers to resolve allegations that the dealership in ... [Read More]

Latest Credit Acceptance ABS financing & update on dealer fees

money-stack
Monday, Nov. 25, 2019, 04:41 PM
SubPrime Auto Finance News Staff
After revealing a change in its latest quarterly report about how dealer fees are collected, Credit Acceptance Corp. also recently shared the details about its completion of a $351.7 million asset-backed non-recourse secured financing. Pursuant to this transaction, Credit Acceptance ... [Read More]

Capital One survey shows soft buyer confidence in securing financing

dealership
Friday, Nov. 22, 2019, 03:55 PM
SubPrime Auto Finance News Staff
Consumers appear to have a notable desire to purchase a vehicle amid the upcoming holiday shopping season. Their sureness that a finance company will underwrite the contract so they can take delivery doesn’t appear to be on the same level. ... [Read More]

October auto default rate stays on par with historical trendline

bar-chart
Thursday, Nov. 21, 2019, 03:06 PM
SubPrime Auto Finance News Staff
While a bit higher than the year-ago reading, the latest auto-finance default rate included among the S&P/Experian Consumer Credit Default Indices is on par with what the metric has been in October multiple times during the past five years. This ... [Read More]

Federal and state regulators approve merger of BB&T and SunTrust

SuntrustBBT
Wednesday, Nov. 20, 2019, 04:35 PM
SubPrime Auto Finance News Staff
A banking merger first announced back in February finally received a blessing from federal regulators on Tuesday. The Federal Reserve Board met and approved the application by BB&T Corp. of Winston-Salem, N.C., to merge with SunTrust Banks of Atlanta, becoming ... [Read More]

Russi resurfaces as part of Resolvion’s board

board-room
Wednesday, Nov. 20, 2019, 04:32 PM
SubPrime Auto Finance News Staff
Resolvion — the newly formed provider of loss mitigation services stemming from the recent merger of ALS Resolvion and Del Mar Recovery Solutions — added a well-known executive to its board. Resolvion announced on Wednesday that Tim Russi, former vice ... [Read More]

Geostamping capability among latest enhancements from RDN and Clearplan

person on phone near cars
Tuesday, Nov. 19, 2019, 03:52 PM
SubPrime Auto Finance News Staff
Coming on the heels of multiple discussions during Used Car Week 2019 about improving efficiencies during the recovery process, a pair of KAR Global business units rolled out key platform enhancements meant to accomplish that objective. Recovery Database Network (RDN) ... [Read More]

KBRA: Seasonal impact on October ABS indices intensifies

money-key
Tuesday, Nov. 19, 2019, 03:51 PM
SubPrime Auto Finance News Staff
The seasonal impact Kroll Bond Rating Agency (KBRA) expected to see when analysts assembled their latest prime and non-prime indices of the automotive asset-backed securities (ABS) market arrived in October. KBRA reported auto loan ABS credit performance weakened again in ... [Read More]

Steadiness a theme in TransUnion Industry Insights report

subprime credit report_6
Thursday, Nov. 14, 2019, 06:37 PM
Daryl Lubinsky, Correspondent
Subprime, near-prime and prime year-over-year origination growth all saw year-over-year declines for the first time since a six-quarter pullback that lasted from the third quarter of 2016 to the fourth quarter of 2017, according to a new report from TransUnion. But ... [Read More]
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