Repossession and skip-tracing services provider Loss Prevention Services (LPS) announced on Thursday that the company has chosen MBSi Corp. as its assignment and compliance management solution. Throughout the year, LPS said it will transition its assignment management platform to Recovery ... [Read More]

When the Federal Open Market Committee’s first opportunity to make another interest rate adjustment arrived this week, the Federal Reserve unanimously passed on making another increase, maintaining the target range for the federal funds rate at 0.50 percent to 0.75 ... [Read More]

GWC Warranty, a provider of used-vehicle service contracts and related finance and insurance products sold through dealers, recently announced the addition of three executives to bolster its sales and operations teams. Joining the sales force are Sarah Messmann, who has ... [Read More]

The latest dealer survey orchestrated by KeyBanc Capital Markets showed participants ended up being evenly split when describing credit availability to their customers. According to the survey conducted in December, KeyBanc found that 50 percent said credit availability remained intact ... [Read More]

Formed through thousands of conversations with the nation’s leading dealership principals and finance companies, EFG Companies finalized four predictions and recommendations for 2017. President and chief executive officer John Pappanastos summarized the results on Tuesday, saying these insights reflect an ... [Read More]

Advocates for more regulation by federal agencies over the auto finance industry and other financial services providers might describe the latest executive order by President Trump as “one step forward and two steps back.” The White House released the latest ... [Read More]

During last week’s industry festivities in the Big Easy, Equifax rolled out solution enhancements with a trio of other service providers — Fiserv, Digital Matrix Systems and Dominion Dealer Solutions. First, Equifax and financial services technology solutions Fiserv collaborated on ... [Read More]

RouteOne unveiled a pair of solutions aimed at helping dealerships and finance companies complete vehicle deliveries and documents in the showroom or wherever the purchaser might be. On Monday, RouteOne launched remote document delivery; what the company explained is a ... [Read More]

Whether it’s during an industry-wide conference or in one-on-one client sessions, finance companies often pepper Anil Goyal with questions. The senior vice president of automotive valuation and analytics for Black Book mentioned some common ones such as, “Can you tell ... [Read More]

This week, alternative credit data provider FactorTrust finalized a partnership with White Clarke Group, which has automotive and asset finance software for retail, floorplan and fleet. The companies highlighted auto finance service providers who utilize White Clarke Group’s CALMS loan ... [Read More]