Implications for auto finance as Fed ‘is in a pickle’

Thursday, Sep. 18, 2025, 10:18 AM

Arra Finance closes acquisition of Crescent Bank’s auto-finance division

Wednesday, Sep. 17, 2025, 11:37 AM

Safe-Guard opens expanded facility in SC

Wednesday, Sep. 17, 2025, 11:34 AM

Latest Stories

COMMENTARY: Tricolor’s failure is an opportunity for dealers

AFSA & ABA seek collaboration to reduce fraud in auto finance & elsewhere

ARA forms new committee focused on agent safety

Chip Perry & Dom Pope of sellmyride

Friday, Sep. 26, 2025, 03:08 PM

Chip Perry, founding president and CEO of Autotrader and former CEO of TrueCar, has a new role: chairman of sellmyride, a startup seeking to help dealers source inventory from private sellers. Perry and sellmyride founder and president Dom Pope join ... Listen Here

A Look Back at Last Two Decades of the Used-Car Industry in Canada

Thursday, Sep. 18, 2025, 02:32 PM

In the grand finale of our podcast episodes from Canada’s Used Car Week in June, conference chair and Cherokee Media Group president Bill Zadeits is joined by Brad Hart and Peter Snoyer on a panel celebrating 20th anniversary of the ... Listen Here

SPONSORED EPISODE: AI & Big Data Deliver Significant Improvements to Inventory Management

Thursday, Sep. 11, 2025, 04:33 PM

In this sponsored episode of the Auto Remarketing Podcast, Merritt Critcher, Director of Product Management with CDK speaks with Bill Zadeits about the newest trends and potential for AI and big data to meet and exceed the inventory management needs ... Listen Here

SCUSA’s Kulas sees benefits of added compliance burden

Thursday, Jun. 16, 2016, 02:26 PM

Jim Henry, Correspondent

Rising compliance costs could be a blessing in disguise for big, established subprime auto finance companies, said Jason Kulas, chief executive officer of Dallas-based Santander Consumer USA. That’s because in the long run the cost of meeting tougher regulations could ... [Read More]

SouthWest Dealer Services appoints new CEO

Wednesday, Jun. 15, 2016, 03:36 PM

SubPrime Auto Finance News Staff

On Tuesday, SouthWest Dealer Services — an independent full-service provider of F&I products and services to dealers — announced that SWDS Holdings’ board of directors appointed Vernon Leake as chief executive officer. Leake succeeds Eric Hamann, who will now serve ... [Read More]

How captives & tech entrepreneurs can solve digital challenges

Wednesday, Jun. 15, 2016, 03:32 PM

SubPrime Auto Finance News Staff

White Clarke Group acknowledged that it seemed like just a few months ago that experts thought auto finance companies would inevitably lose their businesses to technology-savvy new players entering the market as disruptors. The company predicted these new entrants would ... [Read More]

CFPB roundup: Bureau’s spending recap & more proposed changes

Tuesday, Jun. 14, 2016, 03:46 PM

Nick Zulovich, Senior Editor

Coinciding with the federally mandated website disclosing how the Consumer Financial Protection Bureau spends its budget on government contractors, more U.S. House members — including Speaker of the House Paul Ryan — continued the parade of bill proposals and other ... [Read More]

CRIF Lending Solutions and Dealertrack form partnership

Monday, Jun. 13, 2016, 02:32 PM

Lance Dagenhardt, Correspondent

In order to make indirect auto financing seamless, CRIF Lending Solutions and Dealertrack are joining forces. CRIF Lending Solutions recently announced a partnership with Dealertrack, a Cox Automotive brand, to integrate its CRIF ACTion loan origination system with Dealertrack’s e-contracting software. ... [Read More]

Bill to change CFPB to 5-person board passes House Appropriations Committee

Friday, Jun. 10, 2016, 03:50 PM

SubPrime Auto Finance News Staff

Momentum to modify how the Consumer Financial Protection Bureau is structured and operates gained more steam this week. Soon after the U.S. House Financial Services Committee chairman outlined his plan to revamp the Dodd-Frank Act and more, the House Appropriations ... [Read More]

AUTOMAP aims to streamline floor plan auditing

Friday, Jun. 10, 2016, 03:47 PM

Nick Zulovich, Senior Editor

Mark Sargeant insisted banks and other capital providers are interested in the tool AUTOMAP Tracking Solutions offers: a product that can reduce the time it takes to complete an audit to minutes instead of days while mitigating risk. Here’s boiler plate ... [Read More]

3 securitizations impact S&P’s latest subprime ABS review

Wednesday, Jun. 8, 2016, 07:07 PM

Auto Remarketing Staff

While pinpointing a trio of subprime securitizations demonstrating some higher loss trends, S&P Global Ratings determined collateral performance in the U.S. auto loan asset-backed securities sector improved month over month in April for the subprime sector, but continued to remain ... [Read More]

Why latest jobs report likely delayed interest rate rise

Wednesday, Jun. 8, 2016, 02:17 PM

Nick Zulovich, Senior Editor

With the May employment report from the Bureau of Labor Statistics landing with “a thud,” according to the reaction by Comerica Bank chief economist Robert Dye, the auto finance industry likely will have to wait until later this summer at ... [Read More]

New F&I library launched for Arkansas dealers

Wednesday, Jun. 8, 2016, 02:08 PM

Lance Dagenhardt, Correspondent

Arkansas dealers now have their own library of standardized documents to ensure their compliance with current automotive regulations. Reynolds and Reynolds recently announced the launch of the LAW Arkansas F&I Library. Reynolds Document Services developed the library in partnership with ... [Read More]