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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

August auto defaults continue stable summertime path

latest news
Wednesday, Sep. 19, 2018, 03:12 PM
SubPrime Auto Finance News Staff
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]

DealerBuilt settles with New Jersey AG over data breach

new jersey AG for SPN
Tuesday, Sep. 18, 2018, 02:07 PM
SubPrime Auto Finance News Staff
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]

Black Book history-adjusted valuations now embedded in defi SOLUTIONS’ platform

headlight
Monday, Sep. 17, 2018, 03:15 PM
SubPrime Auto Finance News Staff
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]

Analysis: CFPB finalizes changes to annual privacy notice

legal analysis
Thursday, Sep. 13, 2018, 02:37 PM
Alexander Koskey, Baker Donelson
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]

CFPB focuses latest supervisory highlights on repo and insurance issues

compliance
Wednesday, Sep. 12, 2018, 03:41 PM
SubPrime Auto Finance News Staff
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]

2 reasons why Regional Acceptance to leverage Dealertrack for title services

line-cars
Wednesday, Sep. 12, 2018, 03:34 PM
SubPrime Auto Finance News Staff
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]

Equifax sees less subprime paper as industry passes $1.25 trillion in outstanding balances

red arrow graphic
Wednesday, Sep. 12, 2018, 03:32 PM
SubPrime Auto Finance News Staff
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 sees four Q2 trends positively impacting subprime ABS

bar-chart
Tuesday, Sep. 11, 2018, 02:33 PM
SubPrime Auto Finance News Staff
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]

23 industry leaders named to 3 CFPB advisory boards

news pic
Monday, Sep. 10, 2018, 03:54 PM
SubPrime Auto Finance News Staff
Three boards containing 23 industry leaders now have an advisory voice in how the Consumer Financial Protection Bureau operates. Late last week, the bureau announced the appointment of new experts from outside the federal government to the Consumer Advisory Board, ... [Read More]

Crestview acquires Protect My Car from private investor group

acquisition
Friday, Sep. 7, 2018, 02:47 PM
SubPrime Auto Finance News Staff
Extended warranty product provider Protect My Car has new ownership. On Thursday, Protect My Car (PMC) announced that funds managed by Crestview Partners, together with members of PMC’s management team, have completed the acquisition of the company from a private ... [Read More]
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