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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
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

CFPB now seeking industry feedback on operational effectiveness

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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
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
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]

LAUNCHER.SOLUTIONS integrates with Equifax Workforce Solutions

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SubPrime Auto Finance News Staff
An important component in subprime auto finance underwriting is gauging the potential contract holder’s ability to make installment payments. LAUNCHER.SOLUTIONS and Equifax are teaming up to help finance companies with that stipulation. This week Equifax and LAUNCHER.SOLUTIONS, a technology provider ... [Read More]

Auto defaults close 2017 on stable track

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SubPrime Auto Finance News Staff
For the fourth time in the past seven years, the auto portion of the S&P/Experian Consumer Credit Default Indices closed the calendar with the default rate holding steady or ticking a bit lower on a sequential basis. S&P Dow Jones ... [Read More]

FICO hosting free webinar to share best practices in using automated communications

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SubPrime Auto Finance News Staff
It’s a new year, and FICO is hopeful 2018 will be filled with new customers coming into company portfolios. In an effort to help institutions communicate with this new batch of contract holders, FICO is hosting a free educational webinar ... [Read More]

3 suggestions for companies with underperforming employees

best practices
SubPrime Auto Finance News Staff
Automotive Personnel chief executive officer Don Jasensky offered three options when dealership and auto finance company management teams are faced with the decision of making manpower changes based on performance. Jasensky leveraged his nearly 30 years of experience, acknowledging that, ... [Read More]

RouteOne adds Fidelity Bank to eContracting footprint

online auto financing
SubPrime Auto Finance News Staff
This week, RouteOne announced the addition of Fidelity Bank as an available eContracting finance source for dealers utilizing the RouteOne platform. Fidelity Bank’s financing services are available to dealers throughout the South. David Buchanan, executive vice president of indirect lending ... [Read More]

Dundon’s newest endeavor: professional hockey and the Stanley Cup

thomas dundon hurricanes
Nick Zulovich, Senior Editor
From subprime paper to slap shots, Thomas Dundon is making the transition from managing auto finance underwriting and securitizations to overseeing a professional hockey franchise that’s looking to hoist the Stanley Cup once again. Dundon, who built the subprime financing ... [Read More]

Survey reinforces value of online auto financing applications

shop-online
SubPrime Auto Finance News Staff
Eddie Castillo, general sales manager for the subprime division for Pine Belt Cadillac in Toms River, N.J., described how much a customer who has completed financing online prior to coming to the dealership improves the entire delivery experience — especially ... [Read More]

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