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SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
Tuesday, Nov. 4, 2025, 09:15 PM
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Inside Auto Auction M&A with Mach10 CEO George Pero
Tuesday, Oct. 28, 2025, 02:01 PM
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
Monday, Oct. 27, 2025, 04:17 PM
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here

Trump’s signature nullifies CFPB arbitration rule

trump pic for SPN
Friday, Nov. 3, 2017, 03:29 PM
Nick Zulovich, Senior Editor
President Trump followed through this week by signing H.J. Res. 111, which nullifies the Consumer Financial Protection Bureau's rule prohibiting the use of a pre-dispute arbitration agreement to prevent a consumer from filing or participating in certain class action suits. ... [Read More]

Black Book releases economic scenario-based residuals data tool

chart
Thursday, Nov. 2, 2017, 02:15 PM
SubPrime Auto Finance News Staff
Black Book rolled out a new solution on Wednesday meant to mitigate the stress — perceived and actual — that lease providers might have about residual values. Black Book release its new economic scenario-based residuals that’s now available to finance ... [Read More]

CFPB’s 7 principles for consumer-authorized financial data sharing and aggregation

compliance
Wednesday, Nov. 1, 2017, 02:35 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau recently offered its assessment regarding a potential information path auto finance company collectors and recovery professionals might use during the skip-tracing process to mitigate delinquencies and potential charge-offs. The CFPB outlined seven principles for when ... [Read More]

GWC Warranty promotes manager to VP post

job promotion
Wednesday, Nov. 1, 2017, 02:31 PM
SubPrime Auto Finance News Staff
GWC Warranty, a provider of used-vehicle service contracts and related F&I products sold through dealers, recently promoted Cynthia Bodden to the position of area vice president of sales for the company’s Mid-Atlantic region. In her role, the company highlighted that ... [Read More]

Sword Apak elevates exec to global sales manager

news update 2
Wednesday, Nov. 1, 2017, 02:29 PM
SubPrime Auto Finance News Staff
Sword Apak, which provides financial systems to the global asset finance and banking sectors, recently appointed Kris Turner to head up its expanding global sales efforts, where momentum has seen the company’s interest expand across the United States, Europe and ... [Read More]

Nearly 60 percent of GM Financial’s Q3 originations fell within prime

online auto financing
Tuesday, Oct. 31, 2017, 02:35 PM
Nick Zulovich, Senior Editor
In the words of General Motors Financial president and chief executive officer Dan Berce, the paper the captive is adding “continues to skew to more prime originations.” Berce made his latest proclamation when GM Financial shared its third-quarter results, which ... [Read More]

CPS on originations pace to run ‘very stable company’

news pic
Monday, Oct. 30, 2017, 03:03 PM
Nick Zulovich, Senior Editor
Some finance companies might see success as the more originations, the better. That’s not quite the case at Consumer Portfolio Services as a strategy chairman and chief executive officer Brad Bradley thought would be successful during the worst part of ... [Read More]

Latest securitizations by Credit Acceptance and CPS approach $550 million

auto financing
Friday, Oct. 27, 2017, 02:20 PM
SubPrime Auto Finance News Staff
Credit Acceptance and Consumer Portfolio Services each pushed out securitizations recently, and the combined total offered by the auto finance companies that specialize in subprime paper reached nearly $550 million. The larger of the two developments was from Credit Acceptance, ... [Read More]

GrooveCar brings on 25 new credit union partners in Q3

driver-key-2
Friday, Oct. 27, 2017, 02:07 PM
SubPrime Auto Finance News Staff
More than 300,000 additional credit union members might be using GrooveCar’s platform to make a vehicle purchase. The buying resource enjoyed another busy quarter and signed up 25 new partners in Q3. “GrooveCar puts the platform in the hands of ... [Read More]

PwC to present picture of how robotic technology could impact auto finance

line-cars
Thursday, Oct. 26, 2017, 03:34 PM
Nick Zulovich, Senior Editor
Craig Schleicher of PwC sees robotic features having a much greater presence in auto finance in the not-so-distant future. No, C-3PO and R2-D2 from Star Wars likely aren’t taking over underwriting and servicing vehicle installment contracts, but the manager of consumer ... [Read More]
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