On Thursday, DIMONT welcomed two sales executives to its automotive team who have spent part of their careers at companies such as Black Book, FICO and Exeter Finance. The Dallas-based provider of insurance claims adjusting and collateral loss mitigation services ... [Read More]

A week after making it official that the company acquired Remarketing of America, Location Services returned to acquisition mode on Wednesday by securing five more operations for its portfolio. Location Services announced the acquisition of Auto Approve as well as four ... [Read More]

While experts consider rising interest rates impacting paper currently entering portfolios, S&P Global Ratings highlighted that collateral performance for the U.S. auto loan asset-backed securities (ABS) market improved in August on a year-over-year basis. In both the prime and subprime ... [Read More]

Two well-known names are continuing to collaborate to operate within the subprime auto finance space. On Tuesday, White Clarke Group announced that Exeter Finance has extended its contract for the CALMS Loan Origination Software. The company first implemented its loan ... [Read More]

Dealerships that offer Wise F&I products now can direct their vehicle buyers to YouTube to help boost possible sales in the finance office. Wise F&I recently launched a YouTube channel featuring product videos about voluntary protection products. Wise F&I explained ... [Read More]

GWC Warranty is quite bullish on the subprime auto finance space. The provider of used-vehicle service contracts sold through dealers went so far as to say that it’s “primetime for subprime” in a recent blog post. “Subprime deals bring with ... [Read More]

Servicing Solutions and masterQueue are both involved with Repo Con at Used Car Week 2018 — Education, Celebrations, Technology and Connections — and now the companies are partnering to help finance companies with collections, too. Servicing Solutions, which specializes in ... [Read More]

Both Spireon and AUL Corp. added to their award collections this week. Spireon was named Internet of Things (IoT) Innovator in auto dealer management by Compass Intelligence for 2018. And AUL was named winner of both a Gold and Bronze ... [Read More]

Allied Solutions, one of the presenting sponsors of Used Car Week 2018, now has a closer relationship with Location Services, which also just acquired commercial consignor Remarketing of America to enhance its risk management and other offerings to auto-finance clients. ... [Read More]

A member of the SubPrime 175 is enhancing its resources to maintain compliance with state and federal guidelines to better serve its auto-finance clients. Victory Recovery Services, a provider of skip-tracing and national repossession management for creditors with collateral secured ... [Read More]