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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

KBRA, S&P Global Ratings give updates on Tricolor securitizations

SubPrime Auto Finance News Staff
Both KBRA and S&P Global Ratings gave updates this week about its ongoing evaluation of securitizations made by Tricolor Holdings, which recently filed for Chapter 7 bankruptcy. S&P Global Ratings suspended its ratings on six classes of automobile receivables-backed from ... [Read More]

Vervent takes on successor servicing role following Tricolor bankruptcy

SubPrime Auto Finance News Staff
Vervent confirmed via a news release on Monday that it has been authorized to step in as a successor servicer in response to the Chapter 7 bankruptcy filing by Tricolor Holdings. Previously designated as backup servicer, Vervent said it has ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Dealer Playbook: 5 Takeaways for Auto Retailers Using AI

The May issue of Auto Remarketing — “Shifting Gears: AI’s Role in Retail Automotive” — explores how top auto retailers...
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Beginning of October marks initial availability of defi SOLUTIONS’ integration with Informed.IQ

Launcher
SubPrime Auto Finance News Staff
When October begins next week, clients who use defi SOLUTIONS should be able to use some new capabilities offered by Informed.IQ courtesy of a recent integration. According to a news release, lenders will be able to seamlessly integrate Informed.IQ’s vertical ... [Read More]

Informativ acquires Carmatic to offer unified solution for dealers & partners

SubPrime Auto Finance News Staff
Earlier this month, Informativ introduced Verified Stips powered by TurboPass to boost underwriting. Then last week, the provider of fraud prevention, compliance, and credit technology for the automotive and consumer finance industries made an even more substantial move, acquiring Carmatic, ... [Read More]

New FICO report shows deterioration of scores among consumers already in auto portfolios

SubPrime Auto Finance News Staff
The FICO Score Credit Insights report — a new analysis offering a detailed look at how consumer credit behaviors are evolving across the United States — contained some notable trends about auto financing, especially associated with the consumers already in ... [Read More]

Implications for auto finance as Fed ‘is in a pickle’

Nick Zulovich, Senior Editor
The Federal Reserve “is in a pickle.” That’s the summation from Comerica Bank after the Federal Open Market Committee cut the federal funds target rate a quarter percent to a range of 4.00% to 4.25% on Wednesday. The move by ... [Read More]

Arra Finance closes acquisition of Crescent Bank’s auto-finance division

SubPrime Auto Finance News Staff
Arra Finance announced via social media on Tuesday that it has closed its acquisition of Crescent Bank’s auto-finance division in a move originally revealed in June. When Arra Finance first announced the acquisition, the subprime auto finance company said Crescent ... [Read More]

Safe-Guard opens expanded facility in SC

SubPrime Auto Finance News Staff
Safe-Guard Products International now has more brick-and-mortar resources to house its platform for private label protection products for the automotive, RV, marine, and powersports industries. On Tuesday, Safe-Guard said it has opened an expanded call center in Greenville, S.C. Located ... [Read More]

Experts anticipate rate cut, but benefits to automotive still tough to project

interest rate picture new
Nick Zulovich, Senior Editor
Experts agree the Federal Reserve’s Federal Open Market Committee (FOMC) will trim interest rates by 25 basis points on Wednesday. How long it will take for that cut to lift the fortunes of dealerships and finance companies is much less ... [Read More]

Fallout from Tricolor bankruptcy intensifies throughout subprime space

Tricolor gains US patent for AI-driven underwriting tool
Nick Zulovich, Senior Editor
Subprime auto financing is getting much more complex, from underwriting to securitizations. Likely connected with fallout from last week’s Tricolor Holdings’ Chapter 7 bankruptcy, Credit Acceptance filed a Form 8-K with the Securities and Exchange Commission on Monday morning, addressing ... [Read More]

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