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Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here

DIMONT launches complimentary claims consulting service for storm recovery

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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

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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

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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

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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

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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

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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]

Hudson Cook broadens footprint into Texas

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SubPrime Auto Finance News Staff
Hudson Cook now has a legal team in the Lone Star State. This week, Hudson Cook expanded its nationwide footprint by adding a new office in the Dallas/Fort Worth metroplex. The office in downtown Fort Worth opened on Aug. 16. ... [Read More]

RoadVantage releases non-branded F&I education videos

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SubPrime Auto Finance News Staff
RoadVantage wants educated customers arriving at dealership finance departments, so the F&I program provider rolled out a series of educational videos that are free and not tied to a specific provider brand. RoadVantage acknowledged some providers offer proprietary branded product ... [Read More]

Del Mar Recovery Solutions reveals corporate rebranding and strategic initiatives

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SubPrime Auto Finance News Staff
Del Mar Recovery Solutions is sharpening both its look and approach to better serve the entire auto finance space. The provider of national repossession management, skip-tracing, remarketing, license plate recognition and specialty recovery services is making significant strategic investments to ... [Read More]

Pushing through ‘alarm bells’ within the subprime auto ABS market

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SubPrime Auto Finance News Staff
The analyst team at S&P Global Ratings asked a question that perhaps many other finance company leaders and auto finance observers have pondered. In fact, the question turned into the title of the firm’s latest report, “After Two Decades On ... [Read More]

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