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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

CalAmp to form partnership with TransUnion to monitor for stolen vehicles

car-side-window
SubPrime Auto Finance News Staff
Here’s a development aimed at providing some ancillary benefit to auto finance companies when the vehicle connected to the installment contract is stolen. This week, CalAmp announced plans to partner with TransUnion to help insurance carriers better manage risk, minimize ... [Read More]

CFPB roundup: Measures to remove auto finance guidance and Mulvaney on the Hill

capitol hill
SubPrime Auto Finance News Staff
In another busy week of activities associated with the Consumer Financial Protection Bureau, the American Financial Services Association joined with the National Automobile Dealers Association and other sister trade associations in supporting S.J. Resolution 57 to disapprove the CFPB’s 2013 ... [Read More]

FICO auto financing survey reinforces importance of dealerships

dealership and couple
SubPrime Auto Finance News Staff
U.S. consumers are going online in droves to acquire everything from nail polish to holiday knickknacks. Their propensity to do the same to secure auto financing isn’t quite at the same level, according to a global consumer survey on automotive ... [Read More]

Both Black Book and Fitch now within Hearst portfolio

money-stack
SubPrime Auto Finance News Staff
Earlier this month, Black Book and Fitch Ratings released their latest collaborate project analyzing vehicle depreciation trends, as well as how the auto ABS market might behave. Now, both of those companies are completely under the same corporate umbrella. Hearst announced ... [Read More]

Credit Acceptance president announces upcoming retirement

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SubPrime Auto Finance News Staff
According to a filing with the Securities and Exchange Commission submitted late last week, Credit Acceptance president Steven Jones announced his decision to retire as an officer and employee of the company. The SEC document indicated that Jones’ decision is ... [Read More]

Enterprise Car Sales cites credit unions for record origination volume in 2017

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SubPrime Auto Finance News Staff
The combination of auto financing availability and credit unions and late-model used vehicles from one of the largest rental companies is continuing to generate record-setting originations. Strong credit union partnerships have long been a driving force behind the growth of ... [Read More]

ACA International welcomes Smith back as VP of operations

board-room
SubPrime Auto Finance News Staff
ACA International likely isn’t completely going back to the heyday of VCRs and fluorescent clothing, but the organization is welcoming back an executive who first worked with the group back in the 1980s. ACA International recently announced Ted Smith has ... [Read More]

Tax refunds trigger US auto loan ABS improvement in February

tax refund image
SubPrime Auto Finance News Staff
The cadence of customer-payment improvement stemming from an injection of cash from the Internal Revenue Service surfaced again, according to the latest analysis from S&P Global Ratings. On Tuesday, analysts reported prime and subprime collateral performance in the U.S. auto ... [Read More]

Innovate Auto Finance names new VP of portfolio acquisitions

board-room
SubPrime Auto Finance News Staff
Innovate Auto Finance added to its human capital this week in an effort to keep its book of business growing. Innovate Auto Finance, a purchaser and servicer of auto portfolios and provider of line-of-credit financing, has hired Kevyn Rails as ... [Read More]

defi SOLUTIONS listed among publication’s 2018 Most Promising Fintech Providers

business excellence
SubPrime Auto Finance News Staff
The trophy case at defi SOLUTIONS is starting to get quite full as the company received another accolade this week. In recognition of its position as a dynamic and disruptive industry Fintech innovator and business partner defi SOLUTIONS has been named ... [Read More]

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