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Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings
Monday, Mar. 23, 2026, 01:56 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here
Industry Elite: Mike Clark Jr. of C&C Cars
Friday, Mar. 20, 2026, 03:50 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

Darwin Automotive updates platform based on latest Military Lending Act interpretation

compliance
Tuesday, Jan. 23, 2018, 06:10 PM
SubPrime Auto Finance News Staff
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]

FTC Act civil penalties rise based on inflation

FTC picture
Tuesday, Jan. 23, 2018, 04:27 PM
SubPrime Auto Finance News Staff
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]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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Top 10 used brands that financed buyers stretch most to afford

price-tag-3
Tuesday, Jan. 23, 2018, 03:37 PM
SubPrime Auto Finance News Staff
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]

2 newest F&I Express executives each possess 20 years of experience

news pic
Monday, Jan. 22, 2018, 03:58 PM
SubPrime Auto Finance News Staff
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]

CPS finalizes first securitization of 2018, totaling $190M

money-stack
Monday, Jan. 22, 2018, 03:49 PM
SubPrime Auto Finance News Staff
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]

defi SOLUTIONS lands $55M investment from Bain Capital Ventures

auto financing
Friday, Jan. 19, 2018, 04:22 PM
SubPrime Auto Finance News Staff
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]

NAF Association, Hudson Cook and Compli to offer free webinar projecting Trump impact

legal analysis
Thursday, Jan. 18, 2018, 07:53 PM
SubPrime Auto Finance News Staff
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]

CFPB now seeking industry feedback on operational effectiveness

board-room_4
Thursday, Jan. 18, 2018, 03:37 PM
Nick Zulovich, Senior Editor
While a consumer advocate in a note to SubPrime Auto Finance News called the action “an insane development,” industry representatives cheered the request by the acting director of the Consumer Financial Protection Bureau for evidence of the regulator’s effectiveness. On ... [Read More]

MBSi welcomes Fountaine as director of business development

news update
Wednesday, Jan. 17, 2018, 04:44 PM
SubPrime Auto Finance News Staff
MBSi Corp. welcomed a top executive from another firm in the recovery industry to its company team this week. MBSi, one of the loyal sponsors of Used Car Week and a leading provider of repossession assignment software and vendor compliance ... [Read More]

White Clarke Group adds Slyman to bolster North American team

board-room
Wednesday, Jan. 17, 2018, 04:42 PM
SubPrime Auto Finance News Staff
White Clarke Group recently bolstered its North American workforce. The global provider of full lifecycle loan origination, servicing, collections and floorplan finance technology announced Heather Slyman has joined the firm as vice president of business development for North America. Executives ... [Read More]

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