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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

FactorTrust & GOLDPoint Systems partner to boost originations & more

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SubPrime Auto Finance News Staff
FactorTrust recently finalized an innovative partnership with GOLDPoint Systems to integrate alternative credit data and scores into the online finance company’s originating, servicing and reporting processes, thereby enabling GOLDPoint’s lending clients to get a complete overview of creditworthy borrowers. GOLDPoint ... [Read More]

Send your nominations for top industry Movers & Shakers

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SubPrime Auto Finance News Staff
Change seems to be always in the air in the auto finance space. Finance companies are adjusting underwriting to mitigate risk, maintain origination growth and watch for delinquency rises. Service providers are looking to improve their solutions while sustaining high ... [Read More]

Industry cheers as CFPB reform measure passes House

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Nick Zulovich, Senior Editor
While lawmakers from opposing parties either cheered or jeered the vote tally, industry advocates from the banking, financial services and dealership communities on Thursday all applauded the U.S. House of Representatives for passing H.R. 10, the Financial CHOICE Act.  The ... [Read More]

3 reasons why RouteOne hit 7.5M booked eContracts

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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

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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

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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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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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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

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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’

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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]

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