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Dissecting evolving credit scores with Shams Blanc of FICO
Monday, Nov. 24, 2025, 03:34 PM
As much as auto-finance underwriting has become sophisticated, a potential starting point to determine if the applicant will be offered an installment contract is the credit score. Shams Blanc, who is vice president of auto scores at FICO, described the ... Listen Here
Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here

KBRA: May delivers mixed ABS metrics

chart
Monday, Jun. 10, 2019, 03:33 PM
SubPrime Auto Finance News Staff
On Friday, Kroll Bond Rating Agency shared its latest analysis of the auto asset-backed securities market, noting that May showed mixed credit performance across securitized marketplace. Analysts reported that annualized net losses in KBRA’s Tier 1 index fell 95 basis ... [Read More]

Westlake rolls out branded-title financing

price-tag-2
Monday, Jun. 10, 2019, 03:30 PM
SubPrime Auto Finance News Staff
After a successful pilot program, Westlake Financial Services now is catering to dealers that want to retail vehicles with branded titles to consumers who need to finance these purchases. According to a news release distributed last week, Westlake said it ... [Read More]

Experian: Used-vehicle paper quality on the rise

approve
Thursday, Jun. 6, 2019, 12:30 PM
SubPrime Auto Finance News Staff
For finance companies that like to book as much used-vehicle paper as they can originate, the latest Experian data shows institutions are not having to take on as much risk to fill that portion of their portfolio objectives. Findings from ... [Read More]

10 associations oppose current FCC robocall proposal

paying bills
Tuesday, Jun. 4, 2019, 05:12 PM
SubPrime Auto Finance News Staff
On Thursday, the Federal Communications Commission will consider a proposal the chairman calls bold action to help consumers block unwanted robocalls but is being questioned by 10 different industry associations, including the American Financial Services Association. FCC chairman Ajit Pai ... [Read More]

AUL partners with Vision on F&I menu platform

partnership gears
Tuesday, Jun. 4, 2019, 05:11 PM
SubPrime Auto Finance News Staff
AUL Corp., in partnership with Vision Dealer Solutions, recently launched an AUL branded F&I menu platform. AUL chief information officer Jose Fleites explained these menus are touch-based sales tools containing all of the F&I options dealers can offer to vehicle ... [Read More]

Fortegra and Carleton partner to streamline credit-insurance calculations

partnership picture
Tuesday, Jun. 4, 2019, 05:09 PM
SubPrime Auto Finance News Staff
Fortegra Financial Corp., a leading international specialty insurer and subsidiary of Tiptree, recently announced a new partnership with Carleton, which offers financial calculation software. The partnership is designed to provide a seamless interface for lending platforms to easily and accurately ... [Read More]

Lenders sustain nearly $700K in losses from Alabama fraud scheme

federal court house
Tuesday, Jun. 4, 2019, 03:01 PM
SubPrime Auto Finance News Staff
As the National Automotive Finance Association gears up for the “Fraud Friday” portion of its annual conference this week, federal prosecutors recently sentenced an Alabama man posing as an independent dealer to 63 months of imprisonment for bank fraud, mail ... [Read More]

Average May used & new APR softens to lowest point of year

auto financing
Monday, Jun. 3, 2019, 03:43 PM
SubPrime Auto Finance News Staff
Edmunds determined average interest rates for both used-vehicle and new-vehicle financing dipped to their lowest levels of 2019 in May. Fueled in part by captives increasing the availability of zero percent financing, Edmunds found the annual percentage rate (APR) on new ... [Read More]

ALS Resolvion hires former Wells Fargo exec as COO

new hire 2
Monday, Jun. 3, 2019, 03:40 PM
SubPrime Auto Finance News Staff
ALS Resolvion, a leading provider of skip tracing and repossession management services, announced on Monday that the company has a new chief operating officer. Joining ALS Resolvion with more than 20 years of experience in loss mitigation, collections and back ... [Read More]

17 repo agents receive honors from PAR North America

PAR Agent Event 2019 for web
Friday, May. 31, 2019, 02:25 PM
SubPrime Auto Finance News Staff
PAR North America, a division of KAR Auction Services, handed out its Agent of the Year and LPR Agent of the Year, Resolution Champion and Compliance Champion, Regional Choice and other award winners during its 2019 PAR Agent Event in ... [Read More]
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