Having been unsuccessful in becoming governor of Ohio, former Consumer Financial Protection Bureau Richard Cordray appears to have resurfaced on the West Coast in connection with a high-ranking California state lawmaker. Multiple social media posts from California Assemblymember Monique Limon ... [Read More]

Taylor Thurman is back with National Creditors Connection Inc. (NCCI). The loss-reduction outsourcing (LRO) company recently announced Thurman returned to be its director of sales in the auto-finance market. NCCI indicated Thurman will be leading all market development and sales ... [Read More]

Paramount Recovery Service, a leading Southern California-based automotive repossession company, recently announced the expansion of its locations and services as well as the hiring of two industry experts. Company leaders highlighted the physical expansion includes the acquisition of PRS’ largest ... [Read More]

With all of the recent hubbub over delinquencies, auto finance defaults are remaining stable so far this year. S&P Dow Jones Indices and Experian released data through February for the S&P/Experian Consumer Credit Default Indices, and the auto component remained ... [Read More]

National Automotive Finance Association executive director Jack Tracey nicely summarized developments coming from the Federal Reserve last week. After making multiple upticks in interest rates last year, the Federal Open Market Committee (FOMC) decided to maintain the target range for ... [Read More]

College students from across the country are heading to Detroit this Friday through Sunday for a chance to make their entrepreneurial dreams come to life. Ally Financial has teamed up with fellow Motor City native, entertainer and entrepreneur Sean “Big ... [Read More]

Another finance company is seeing the potential benefit of leveraging Dealertrack Accelerated Title. After recently reaching relationships with Westlake Financial Services as well as dealer associations in Louisiana and Wisconsin, Dealertrack this week announced that KeyBank Dealer Retail Services has ... [Read More]

The Federal Reserve Bank of New York’s Center for Microeconomic Data recently released its quarterly report on household debt and credit.  While some pundits initially rushed to point to a negative theme — 7 million people had an auto finance ... [Read More]

Over the past year, there has been a great deal of discussion about the fees related to the removal and storage of personal property. The issue has resulted in significant changes by most lenders as to how personal property fees ... [Read More]

This week, Darwin Automotive announced that it has been selected by Ford Protect to be a preferred provider within the company’s core F&I menu, as well as the Darwin digital retailing and service menu for Ford Dealerships nationwide. Dealerships use ... [Read More]