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]

Protective Asset Protection rolled out another product to help dealerships understand federal tax changes. The provider of F&I programs, services and dealer-owned warranty company programs made available a new educational infographic for dealerships and dealer principals on the effect recent tax ... [Read More]

S&P Global Ratings took its turn on Tuesday to add more context to the headline-creating and social-media stirring auto-finance data released by the Federal Reserve Bank of New York. Credit analyst Amy Martin led the charge looking closely at subprime ... [Read More]

The Federal Trade Commission recently offered six recommendations to dealerships and auto finance companies that might receive subpoenas and civil investigative demands (CIDs) as part of an investigation into potential law violations Burke Kappler, an attorney in the FTC’s Office ... [Read More]

Celebrating its 50th year in the consumer lending market, Carleton looked to enhance its suite of solutions this week. Following extensive market feedback and discussions with key partners, Carleton released CarCalcs, a comprehensive and integrated sales tax, registration and dealer ... [Read More]