AFSA & NIADA welcome halt of discretionary publication of complaint narratives & visualizations by CFPB
Monday, Aug. 17, 2026, 10:34 AM
Edmunds on depth of ‘The Vanishing Affordable Used Car’
Tuesday, Aug. 18, 2026, 10:17 AM
PODCAST: Additional insight into FTC’s move involving disparate impact from Hudson Cook
Tuesday, Aug. 18, 2026, 09:25 AM
Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
Credit Bureau Connection partners with Clarity Services to enhance consumer history analysis
SubPrime Auto Finance News Staff
Credit Bureau Connection (CBC) and Clarity Services have partnered to provide dealers and finance companies what the service providers say is a first-of-its-kind, comprehensive view of a consumer’s credit history. The companies explained exclusive subprime credit data combined with existing ... [Read More]
New York governor and AG take aggressive actions over Equifax breach
SubPrime Auto Finance News Staff
Two of the highest ranking officials in New York are using the Equifax security breach to intensify actions within the Empire State, bringing Experian and TransUnion into the matter, too. On Tuesday, Gov. Andrew Cuomo directed the New York Department ... [Read More]
Auto defaults record largest sequential jump in almost 6 years
SubPrime Auto Finance News Staff
Analysts aren’t panicking, but the auto portion of the S&P/Experian Consumer Credit Default Indices made its largest sequential jump in almost six years. On Tuesday, S&P Dow Jones Indices and Experian released data through August and reported the auto loan ... [Read More]
CitiFinancial Credit to pay DOJ $907K for SCRA violations during repossessions
SubPrime Auto Finance News Staff
A suit involving vehicle repossessions and members of the military came to a close Monday. The Justice Department announced that CitiFinancial Credit Co., as successor to CitiFinancial Auto Corp., has agreed to pay $907,000 to resolve allegations that it violated ... [Read More]
DIMONT launches complimentary claims consulting service for storm recovery
SubPrime Auto Finance News Staff
DIMONT is deploying DANA to help the auto-finance industry handle the ramifications of Hurricanes Harvey and Irma. DANA — which is DIMONT Associates Nationwide Adjusters — now is available with a team ready to provide claims management guidance to finance ... [Read More]
NADA offers strategy to handle Equifax concerns
SubPrime Auto Finance News Staff
The National Automobile Dealers Association cautioned store managers and personnel that they’re likely to see two trends surface with regard to the Equifax security breach as customers arrive in the showroom or service drive. Mark Scarpelli, who is the 2017 ... [Read More]
CoreLane debuts cloud-based tool to connect DMS and LOS systems
SubPrime Auto Finance News Staff
CoreLane Technologies, a provider of innovative transactional connectivity solutions for automotive dealers and finance companies, on Monday announced the launch of CreditLane, a low-cost, scalable cloud-based platform for delivering data between dealers and finance companies. CoreLane will debut the new ... [Read More]
Loan Portfolio Servicing enhances rideshare servicing program
SubPrime Auto Finance News Staff
Loan Portfolio Servicing (LPS) this week announced the latest expansion of the company’s rideshare portfolio servicing platform, making LPS one of the biggest and most experienced rideshare servicers in the nation. Most recently, LPS was retained to service 7,000 rideshare ... [Read More]
ARA and RDN partner to bolster finance companies and repo agencies
SubPrime Auto Finance News Staff
The American Recovery Association (ARA) announced a new partnership on Friday with Recovery Database Network (RDN), a business unit of KAR Auction Services. The organizations highlighted the agreement will help finance companies manage and monitor vendor compliance by integrating ARA’s ... [Read More]
Gauging auto finance impact of Equifax data breach
Nick Zulovich, Senior Editor
It’s been a week since Equifax acknowledged a cybersecurity incident where criminals exploited a U.S. website application vulnerability to gain access to certain files, potentially impacting approximately 143 million U.S. consumers. And experts like PointPredictive chief fraud strategist Frank McKenna ... [Read More]
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