DriveTime might be still searching for a new chief executive officer, but the retailer that specializes in working with consumers with soft credit now has more resources for originations. Ally Financial on Wednesday announced that it has entered into an ... [Read More]

Digital Recognition Network (DRN) is finding plenty of work for repossession agents to do, and it’s resulting in record recoveries for auto finance companies. DRN highlighted on Tuesday that its active hotlist hit an all-time high of 360,000 license plate ... [Read More]

Boosting its workforce worked out nicely for CRIF Select. CRIF Select, a division of CRIF Lending Solutions and provider of indirect auto finance partner programs, announced on Wednesday that the company surpassed $3.7 billion in funded paper volume for 2017. ... [Read More]

F&I software provider Darwin Automotive announced on Tuesday that it has integrated smart disqualify technology into its F&I platform that can disqualify products based on Military Lending Act (MLA) qualifications. The company said this technology is incorporated into the platform ... [Read More]

In combing through the Federal Register this week, the National Automobile Dealers Association found that the Federal Trade Commission recently announced increases to various civil penalties amounts within its jurisdiction to adjust for inflation. In particular, that could be associated ... [Read More]

LendingTree released findings of its study on which brands buyers who secure financing are stretching the most to afford. The company acknowledged financing a vehicle is one of the more significant financial decisions Americans make, and even those who try ... [Read More]

F&I Express recently added two executives to its company team who each possess more than 20 years professional experience. First, the company announced Gary Peek has joined the business team as chief information officer. Management highlighted that Peek will be ... [Read More]

Last week, Consumer Portfolio Services announced the closing of its first term securitization of 2018.  Officials highlighted the transaction is CPS’ 27th senior subordinate securitization since the beginning of 2011 and the 10th consecutive securitization to receive a triple “A” ... [Read More]

The management team at defi SOLUTIONS now has a sizeable amount of resources to deploy an aggressive growth plan. On Friday, defi SOLUTIONS announced it has raised $55 million in a Series C investment from Bain Capital Ventures. Executives highlighted the ... [Read More]

The National Automotive Finance Association is teaming with Hudson Cook and Compli for a free webinar in an effort to answer some questions likely on the minds of leaders at dealerships and finance companies. A trio of experts is looking ... [Read More]