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CarMax CMO Sarah Lane on Company’s Journey from Used-Car ‘Challenger’ to ‘Leader’
Friday, Oct. 10, 2025, 02:15 PM
CarMax chief marketing officer Sarah Lane joins the Auto Remarketing Podcast to talk about the company’s new “Wanna Drive?” branding, its omni-channel buying and selling experience, putting the customer in control and how CarMax sets itself apart in an era ... Listen Here
Regulation like vacated CARS Rule rises in California
Friday, Oct. 10, 2025, 02:00 PM
Many dealers likely cheered when the CARS Rule from the Federal Trade Commission was vacated by a federal court at the beginning of the year. But long-time Arizona independent dealer Ace Christian believed it wouldn’t be long before similar regulations ... Listen Here
How EVAI became VMS with co-CEO David Prusinski
Monday, Oct. 6, 2025, 07:40 PM
David Prusinski is now the co-CEO of Vehicle Management Systems (VMS), which previously operated as EVAI. Prusinski shared about how the company arrived at its new brand and what might be ahead for the provider of data analytics and artificial ... Listen Here

3 reasons why RouteOne hit 7.5M booked eContracts

buying car with phone
Friday, Jun. 9, 2017, 01:19 PM
SubPrime Auto Finance News Staff
This week, RouteOne highlighted that its eContracting platform reached a new milestone with 7.5 million booked eContracts. The threshold resulted in more than $200 billion in funded deals. RouteOne indicated the growth can be attributed to the rising adoption by: ... [Read More]

Q1 data disputes ‘subprime bubble’ talk again

bubble popping
Wednesday, Jun. 7, 2017, 07:45 PM
SubPrime Auto Finance News Staff
Experian Automotive tried again this week to pop the talk about a “subprime auto loan bubble.” Analysts said, “There’s always someone who claims that the bubble is bursting. But a level-headed look at the data shows otherwise.” According to Experian’s ... [Read More]

S&P report says auto ABS sparks active May

money 3
Wednesday, Jun. 7, 2017, 01:13 PM
SubPrime Auto Finance News Staff
The automotive segment helped to push asset-backed securities issuance in May to the second-most active month of the year, according to the latest update from S&P Global Ratings. Analysts reported that total ABS issuance during May came in at $23 ... [Read More]

EFG Companies rolls out virtual F&I solution for independent dealers

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Tuesday, Jun. 6, 2017, 03:08 PM
Nick Zulovich, Senior Editor
EFG Companies recognized independent stores that turn about 50 vehicles monthly need the same F&I resources as franchised stores that watch two, three or four times that many units roll over the curb each month. It’s why the company announced ... [Read More]

RISC acquires RCS to enhance vendor vetting services

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Monday, Jun. 5, 2017, 02:48 PM
SubPrime Auto Finance News Staff
With the Consumer Financial Protection Bureau taking a greater interest in what service providers finance companies are using, Recovery Industry Services Co. (RISC), a provider of collateral recovery training, certification and compliance solutions, recently announced that it has signed a definitive ... [Read More]

4 features of FactorTrust’s improved Triggers solution

businessman charts
Monday, Jun. 5, 2017, 02:46 PM
SubPrime Auto Finance News Staff
FactorTrust recently released its enhanced Triggers solution, which provides tools to notify finance companies and other lenders of specific consumer behaviors on an ongoing basis and identifies the right-party contact information for collection and recovery efforts. The company explained that ... [Read More]

How NAF Association embraces ‘tribal culture’

NAF conference picture for SPN
Friday, Jun. 2, 2017, 02:10 AM
Nick Zulovich, Senior Editor
Mark Floyd is the current and Steve Hall is the immediate past president of the National Automotive Finance Association. In their own ways, both Floyd and Hall conveyed to the attendees of the NAF Association’s 21st annual Non-Prime Auto Financing ... [Read More]

Appeals court senses political tone of CFPB constitutionality rehearing

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Tuesday, May. 30, 2017, 06:32 PM
Nick Zulovich, Senior Editor
Hudson Cook partner Lucy Morris told SubPrime Auto Finance News she wasn’t surprised the U.S. Court of Appeals for the District of Columbia Circuit immediately smelled the political aroma during oral arguments as the 11-member en banc panel assembled for ... [Read More]

9 key points from Fed’s latest meeting minutes

federal reserve image
Tuesday, May. 30, 2017, 02:44 PM
SubPrime Auto Finance News Staff
Comerica Bank chief economist Robert Dye summarized what he called the nine important takeaways from the minutes released last week condensing the Federal Reserve’s Federal Open Market Committee's latest meeting, where members used the adjective “transitory” to describe first quarter ... [Read More]

Westlake partners with eOriginal to enable eContracting

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Thursday, May. 25, 2017, 01:01 PM
SubPrime Auto Finance News Staff
Westlake Financial Services this week finalized a partnership with eOriginal in an effort toward what the companies classified as the path to digitally transform the finance companies' dealer management system into an eContracting solution. The move is geared to improve ... [Read More]
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