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Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 05:01 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Wednesday, Mar. 25, 2026, 04:43 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here
Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here

DealerVault claims 13 of top 25 dealer groups leverage its data platform

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Wednesday, Nov. 9, 2016, 05:19 PM
SubPrime Auto Finance News Staff
According to DealerVault, its objective is to protect the “dealership data goldmine.” It’s all of the customer data that might have arrived through website leads, the F&I office or the service drive. With some industry analysts’ expectations of customer data ... [Read More]

Credit Acceptance Q4 origination volume off to soft start

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Tuesday, Nov. 8, 2016, 03:46 PM
Nick Zulovich, Senior Editor
While still making healthy gains in consolidated net income, Credit Acceptance chief executive officer Brett Roberts pointed to data the subprime finance company shared as part of its third-quarter financial statement to explain how competitive the market is to grow ... [Read More]

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

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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

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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

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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

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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

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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

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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

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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]

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