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Inside Auto Auction M&A with Mach10 CEO George Pero
Tuesday, Oct. 28, 2025, 02:01 PM
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
Monday, Oct. 27, 2025, 04:17 PM
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here
Zapmoto Co-Founder & CEO Clint Curtis
Tuesday, Oct. 21, 2025, 07:52 PM
We throw the keys to the valet on this episode. Clint Curtis is the co-founder and CEO of Zapmoto, which provides valet pickup and delivery of vehicles for servicing at car dealerships. He joins the Auto Remarketing Podcast for a ... Listen Here

8 judges picked for F&I Innovator of the Year Competition

blueribbon
Monday, Nov. 7, 2016, 05:11 PM
SubPrime Auto Finance News Staff
EFG Companies, together with Northwood University, recently announced the judging panel in the 2016 F&I Innovator of the Year competition. Representing all automotive brands spanning across the country, the eight-member blue-ribbon judging panel brings extensive experience and expertise in understanding ... [Read More]

Average balances hit highest point in 7 years

arrow up money
Monday, Nov. 7, 2016, 05:08 PM
SubPrime Auto Finance News Staff
According to TransUnion’s Q3 2016 Industry Insights Report powered by Prama analytics, total auto financing balances grew by 9 percent year-over-year during the third quarter. TransUnion pegged the total balance reading at $1.1 trillion, up from $1.01 trillion in Q3 ... [Read More]

Auto ABS losses climb for 3rd straight month

money 3
Friday, Nov. 4, 2016, 03:49 PM
SubPrime Auto Finance News Staff
With one subprime metric jumping to the second-highest point in 15 years, the latest monthly auto loan ABS index from Fitch Ratings released this week showed that losses for U.S. auto ABS continue their steady climb. As a result, analysts noticed ... [Read More]

DRN participating in free webinar to make repossessions more efficient

more training
Friday, Nov. 4, 2016, 03:47 PM
SubPrime Auto Finance News Staff
SubPrime Forum presenting sponsor Digital Recognition Network (DRN) is participating in a free webinar to help finance companies and repossession agents to be more efficient and save precious time — and money — by better using their historical license plate ... [Read More]

PointPredictive finds fraud in auto financing & mortgages follows similar risk patterns

fraud picture
Wednesday, Nov. 2, 2016, 04:23 AM
SubPrime Auto Finance News Staff
PointPredictive, a provider of machine learning fraud solutions, recently announced the results of a new study that detected high levels of fraud in early payment auto finance contract defaults. The firm explained its study encompassed data from millions of auto ... [Read More]

Prestige Financial completes $343M portfolio securitization

money picture
Wednesday, Nov. 2, 2016, 04:20 AM
SubPrime Auto Finance News Staff
Prestige Financial Services recently completed its 15th rated term securitization, issuing $343.6 million in securities backed by $369.46 million in automobile installment receivables. In a transaction led jointly by Wells Fargo Securities and J.P. Morgan Securities, the finance company highlighted ... [Read More]

For finance companies, just keep on keeping on

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Tuesday, Nov. 1, 2016, 01:38 PM
Steve Roennau , EFG Companies
The Consumer Financial Protection Bureau (CFPB) has not come out unscathed in the wake of the Wells Fargo scandal. While some say the CFPB’s enforcement action demonstrates a need to strengthen the agency, others use the scandal as a case ... [Read More]

JM&A Group, Volvo team up for F&I product offerings

Volvo-JM&A for SPN
Monday, Oct. 31, 2016, 02:38 PM
SubPrime Auto Finance News Staff
F&I product provider JM&A Group recently entered into an agreement with Volvo Car USA to provide a full suite of branded F&I products for new and used vehicles to more than 300 Volvo dealers nationally. Through Volvo’s branded F&I program ... [Read More]

GM Financial’s North American originations hit new high

businessman drawing increases
Monday, Oct. 31, 2016, 02:32 PM
Nick Zulovich, Senior Editor
General Motors Financial generated the most North American originations in a single quarter ever while continuing to compile more prime paper than subprime contracts in the process. President and chief executive officer Dan Berce highlighted that the captive’s North American ... [Read More]

Securitization roundup: $550M closed by CPS & Credit Acceptance

money 1
Friday, Oct. 28, 2016, 03:22 PM
SubPrime Auto Finance News Staff
With S&P Global Ratings and Fitch Ratings keeping close watch of how the auto ABS market is behaving, two finance companies that have conducted several rounds of securitizations — Consumer Portfolio Services and Credit Acceptance — recently added more offerings. ... [Read More]
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