AFSA & NIADA welcome halt of discretionary publication of complaint narratives & visualizations by CFPB
Monday, Aug. 17, 2026, 10:34 AM
Edmunds on depth of ‘The Vanishing Affordable Used Car’
Tuesday, Aug. 18, 2026, 10:17 AM
PODCAST: Additional insight into FTC’s move involving disparate impact from Hudson Cook
Tuesday, Aug. 18, 2026, 09:25 AM
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
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
March auto defaults drop to lowest reading in 10 years
SubPrime Auto Finance News Staff
Perhaps still reflecting seasonality, S&P Dow Jones Indices and Experian noticed the auto-finance default rate improved in March. In fact, the rate not only improved, but it also dropped to the lowest reading going back 10 years. With other data ... [Read More]
ANALYSIS: Best practices in credit reporting coding in disaster scenarios
Jennifer Reid, Equifax
Given the unprecedented climate that has taken place resulting from the COVID-19 outbreak and containment efforts, we have received a large number of questions in regard to how this event impacts credit reporting particularly given the recent support from the ... [Read More]
3 bureaus now offer free weekly credit reports
SubPrime Auto Finance News Staff
With so many consumers’ financing in flux because of the coronavirus pandemic, individuals now can examine their credit report more frequently than just once per year. In a joint action, the three national credit reporting agencies in the United States ... [Read More]
PODCAST: Allied Solutions on unusual circumstances created by coronavirus
SubPrime Auto Finance News Staff
Anne Holtzman and Suzi Straffon of Allied Solutions returned to the podcast to describe how different their company tasks are nowadays with many collections activities on hold and insurance claims reduced — all because of shelter-in-place orders and other restrictions ... [Read More]
Credit Acceptance shares depth of crisis impact, delays Q1 report & shareholder meeting
SubPrime Auto Finance News Staff
Being a publicly traded company, Credit Acceptance revealed current collection and origination performance trends that many other subprime auto finance providers also might be experiencing because of the coronavirus pandemic. According to a filing with the Securities and Exchange Commission ... [Read More]
Business Intelligence Group honors Spireon for second straight year
SubPrime Auto Finance News Staff
Spireon received a reason to be celebratory on a Monday morning amid the coronavirus pandemic. Spireon announced it has been named a winner of the 2020 Excellence in Customer Service Award, presented by Business Intelligence Group. For the second year ... [Read More]
In response to crisis, Portfolio launches new claims website
SubPrime Auto Finance News Staff
Reinforcing an earlier message about the need for teamwork and digitization as COVID-19 disrupts the F&I industry, Portfolio recently announced the launch of a new website for GAP and ancillary claims. Portfolio said its new site features a fully redesigned ... [Read More]
KBRA waiting for auto ABS deterioration after March improvements
SubPrime Auto Finance News Staff
Kroll Bond Rating Agency (KBRA) acknowledged its March prime and non-prime auto loan ABS indices don’t yet reflect the depths of how the automotive asset backed securities market might be impacted by the coronavirus pandemic. Auto securitizations showed improving credit ... [Read More]
Industry responds as negative equity hits new records
Nick Zulovich, Senior Editor
EFG Companies chief revenue officer Eric Fifield acknowledged the issue during a phone conversation with SubPrime Auto Finance News last week. “Negative equity was a problem before, and it’s only going to be exasperated now,” Fifield said as the company ... [Read More]
Westlake absorbs third portfolio of discontinued finance company since May
SubPrime Auto Finance News Staff
For the third time in the past year, Westlake Portfolio Management (WPM) — a division of Westlake Financial Services — is absorbing the accounts of a finance company that has departed the business during the span of the coronavirus pandemic. ... [Read More]
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