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Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here

GALR & MVTRAC share important dialogue at Used Car Week

SubPrime Auto Finance News Staff
One of the purposes of Used Car Week is bringing various industry segments together for constructive conversations. An example of that outcome surfaced when the Georgia Association of Licensed Repossessors (GALR) announced that it had “productive and forward-looking industry dialogue” ... [Read More]

S&P Global Ratings: Extensions exceeding pre-pandemic level

Revisiting topic of partial payments
Nick Zulovich, Senior Editor
Evidently, finance companies are instructing their collections departments to work even harder with customers who are having trouble maintaining their monthly payments. According to S&P Global Ratings’ latest U.S. auto loan asset-backed securities data shared with Cherokee Media Group on ... [Read More]

StoneEagle Q3 data shows steady times in dealer F&I departments

SubPrime Auto Finance News Staff
StoneEagle on Tuesday highlighted how it was a steady quarter in dealership F&I departments amid some gross-profit turbulence seen in July, August and September. Third-quarter information included in the StoneEagleDATA F&I Benchmark Report showed stable F&I performance across key metrics. ... [Read More]

CFPB unveils ‘humility pledge’ for supervision division

CFPB seeking more data about repossessions & contract modifications
SubPrime Auto Finance News Staff
Perhaps compliance departments at auto lenders and other companies involved in financial services had something extra to be thankful for last week. Just ahead of Thanksgiving, the Consumer Financial Protection Bureau made significant changes to how its supervision division conducts ... [Read More]

AutoPayPlus welcomes new agency development manager

new hire
SubPrime Auto Finance News Staff
AutoPayPlus by US Equity Advantage continued its recent string of moves by announcing the appointment of Steven Weir as agency development manager. In this role, the automated financial concierge service said Weir will be responsible for building and supporting strong ... [Read More]

Weltman, Weinberg & Reis adds 5 attorneys to Chicago office, donates to Feeding America network

Another former Manheim Canada exec joins Otolane
SubPrime Auto Finance News Staff
Along with making donations to local food banks and pantries in the Feeding America network, Weltman, Weinberg & Reis Co., added to its stable of legal professionals at its Chicago office. This month, the firm welcomed five new attorneys: Tresina ... [Read More]

Auto snippets from TransUnion’s October 2025 Credit Industry Snapshot

SubPrime Auto Finance News Staff
Are auto-finance providers taking on more risk or are there simply more consumers who fall into the subprime credit tier? Here some more data to consider. As Cox Automotive’s information showed credit access improved a bit in October, TransUnion’s October ... [Read More]

October data from Cox Automotive & VantageScore shows expanded credit access but growing delinquency

SubPrime Auto Finance News Staff
You can make your own judgements about the state of the credit market based on October data from Cox Automotive and VantageScore. In October, Cox Automotive reported, the Dealertrack Credit Availability Index resumed its upward trend of improved credit access ... [Read More]

InterVest to acquire Flagship Credit Acceptance with Landy set to be CEO

SubPrime Auto Finance News Staff
The next chapter in Jim Landy’s career in auto finance will arrive through another acquisition involving a lender and an investment firm. Last week, Flagship Credit Acceptance announced that affiliates of InterVest Capital Partners, a New York-based specialty finance investment ... [Read More]

PAR hires Dave Baker as vice president

SubPrime Auto Finance News Staff
OPENLANE subsidiary PAR has a new vice president — someone familiar to the repossession and recovery industries. Coming aboard with three decades of experience spanning corporate operations, law enforcement, and compliance management is Dave Baker, who will serve as the ... [Read More]

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