Credit availability steady in January as negative equity climbs and terms stretch
Thursday, Feb. 12, 2026, 10:55 AM
Voting closes on President’s Day for 10 industry awards to be given at NARS 2026
Wednesday, Feb. 11, 2026, 01:00 PM
Labor scene still murky, creating potential headwind for automotive
Wednesday, Feb. 11, 2026, 10:38 AM
Cox Automotive on the vanishing divide between wholesale & retail
Used Car Week 2025 extended the ongoing conversation about how the wholesale and retail portions of the used-car market aren’t quite as distinct as they used to be. Cherokee Media Group’s Bill Zadeits hosted a fireside chat about the subject ... Listen Here
Friday, Feb. 13, 2026, 09:43 AM
2025 Women in Remarketing honorees describe their careers, industry changes & more
One of the foundational parts of Used Car Week each year is the lively conversation among the Women in Remarketing honorees. Moderated again by Brenda Rios of award program sponsor, Ally, hear the valuable perspectives and wisdom from some of ... Listen Here
Friday, Feb. 13, 2026, 09:43 AM
Alistair Weaver on Edmunds Top Rated Awards
Edmunds editor-in-chief Alistair Weaver joins the Auto Remarketing Podcast from the NADA Show 2026 expo hall, where he talks with Cherokee Media Group senior editor Joe Overby about the Edmunds Top Rated finalists at the convention, how dealers can use ... Listen Here
Thursday, Feb. 12, 2026, 05:41 PM
SNAAC to wind down operations, liquidate portfolio
Wednesday, Aug. 7, 2019, 08:51 PM
SubPrime Auto Finance News Staff
A little more than three years after announcing an aggressive growth plan based on a strategy to add a significant number of dealership customers throughout the United States, Security National Automotive Acceptance Company (SNAAC) is departing the auto-finance business. A ... [Read More]
Experian and Oliver Wyman roll out tool for CECL forecasting
Wednesday, Aug. 7, 2019, 03:54 PM
SubPrime Auto Finance News Staff
While mandated implementation might be delayed, Experian and Oliver Wyman are still looking to help auto finance companies meet the initial set of deadlines for the Financial Accounting Standards Board’s current expected credit loss (CECL) model via a new solution ... [Read More]
defi SOLUTIONS, Sagent Auto sign merger agreement
Tuesday, Aug. 6, 2019, 06:30 PM
SubPrime Auto Finance News Staff
At the beginning of last year, loan origination system (LOS) provider defi SOLUTIONS announced it has raised $55 million in a Series C investment from Bain Capital Ventures. Then last September, Fiserv Lending Solutions announced the launch of its new ... [Read More]
S&P Global Ratings explains why risk within prime ABS is intensifying
Tuesday, Aug. 6, 2019, 02:36 PM
SubPrime Auto Finance News Staff
Typically, the most risk in auto loan asset-backed securities (ABS) resides in the subprime space stemming from the lower credit tiers connected to that paper. Well, S&P Global Ratings is seeing risk grow within prime ABS, too. Because finance companies are ... [Read More]
DealerPeak unveils Max Desk for soft credit pulls and more
Monday, Aug. 5, 2019, 04:06 PM
SubPrime Auto Finance News Staff
With potential buyers walking into the dealerships with smartphones and the ability to find information, DealerPeak’s Desk Max is looking to equip store personnel with a tablet-driven tool to generate vital data stemming from soft credit pulls, potential monthly payment ... [Read More]
LexisNexis Risk Solutions spots ‘silent subprime consumers’
Monday, Aug. 5, 2019, 04:03 PM
SubPrime Auto Finance News Staff
As finance companies know, critical data on tax liens and civil judgments is no longer included as part of the standard consumer credit report issued from all three major credit bureaus; a move that became effective last April. LexisNexis Risk ... [Read More]
New-model APR sinks to lowest point of year, coinciding with Fed action
Thursday, Aug. 1, 2019, 07:53 PM
SubPrime Auto Finance News Staff
Perhaps it’s just happenstance that Edmunds spotted the average interest rate for new-vehicle financing softening to its lowest level of the year in the same timeframe as the Federal Reserve making its first interest-rate cut in 11 years. Edmunds reported ... [Read More]
3 auto experts dissect potential impact of first interest-rate cut in 11 years
Thursday, Aug. 1, 2019, 03:04 PM
Nick Zulovich, Senior Editor
As widely expected, the Federal Reserve cut the target range for the federal funds rate by 25 basis points to 2% to 2.25%, marking the first downward move by the Federal Open Market Committee (FOMC) in 11 years. A trio of ... [Read More]
Trust Science gains equity investment from former Manulife Financial leader
Wednesday, Jul. 31, 2019, 04:04 PM
SubPrime Auto Finance News Staff
Trust Science secured more than just financial support this week, gaining backing from a former industry leader who “has already opened doors, at the highest levels, that were previously impenetrable.” The provider of underwriting support powered by artificial intelligence announced ... [Read More]
Almost half of US workers have a ‘side hustle’
Tuesday, Jul. 30, 2019, 02:41 PM
SubPrime Auto Finance News Staff
It’s likely not unusual for underwriting departments at subprime auto finance companies to see applications from individuals who work multiple jobs to generate their income. Well, according to a new Bankrate.com report, that’s not just common in the subprime space. ... [Read More]
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