Automotive Personnel founder and chief executive officer Don Jasensky tackled one of the most challenging work elements facing both employers and employees — financial compensation. Jasensky, who established his human resources firm in 1989, pinpointed what he believes are three ... [Read More]

Here is some good news for auto finance companies involving ongoing concern about fraudulent paper ending up in their portfolios. The operators of websites that sold fake documents used to facilitate identity theft and other frauds have agreed to permanently ... [Read More]

S&P Dow Jones Indices and Experian determined this week that August defaults remained within the 7-basis-point range analysts have seen for this particular month during the past four years. According to data through August for the S&P/Experian Consumer Credit Default ... [Read More]

While perhaps not to the scale of some other data breaches, a dealership management software (DMS) provider recently reached a settlement with New Jersey regulators whose investigation found compromised systems. New Jersey attorney general Gurbir Grewal and the state’s Division ... [Read More]

Two well-known industry names — Black Book and defi SOLUTIONS — are working together again. On Monday, Black Book announced its history-adjusted valuations (HAV) data and resources will be integrated into an interface with defi SOLUTIONS. Editors explained history-adjusted valuations ... [Read More]

The Consumer Financial Protection Bureau (CFPB) has issued its final rule adopting changes to Regulation P, which governs the requirements for financial institutions to issue privacy notices to its customers. The final rule implements new timing requirements for sending annual ... [Read More]

The Consumer Financial Protection Bureau concentrated the auto-finance portion of its latest supervisory highlights on two of the most complicated matters when someone needs credit to acquire a vehicle — repossession and the application of insurance proceeds. Before deploying a ... [Read More]

Regional Acceptance Corp. (RAC) and Dealertrack Accelerated Title this week spelled out a pair of reasons why they’re now working together to create efficiencies in their payoff and title release process with dealers accepting vehicle in on trade. RAC, a ... [Read More]

The auto-finance industry passed another milestone as Equifax determined current portfolios collectively now exceed $1.25 trillion. However, subprime paper isn’t pushing the industry-wide figure higher as much as volume within that segment did a year ago. To get to the ... [Read More]

Fitch Ratings sifted through data generated by the subprime auto asset backed securities (ABS) market during the first half of the year. Analysts not only found four elements that are supporting the subprime ABS segment, but also more details about ... [Read More]