AFSA & NIADA welcome halt of discretionary publication of complaint narratives & visualizations by CFPB
Monday, Aug. 17, 2026, 10:34 AM
Edmunds on depth of ‘The Vanishing Affordable Used Car’
Tuesday, Aug. 18, 2026, 10:17 AM
PODCAST: Additional insight into FTC’s move involving disparate impact from Hudson Cook
Tuesday, Aug. 18, 2026, 09:25 AM
Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
Executive personnel moves by NextGear, Westlake & Spireon
SubPrime Auto Finance News Staff
This week, NextGear Capital, Westlake Financial Services and Spireon all bolstered their executive teams to enhance their respective finance-oriented operations. To support future growth in the inventory-financing sector, NextGear Capital announced Lisa Mackie will fill its newly created vice president ... [Read More]
Industry notes: MUSA Auto Finance gains $175M in funding
SubPrime Auto Finance News Staff
MUSA Auto Finance recently entered into a $125 million warehouse facility with Goldman Sachs and, additionally, secured a capital investment of up to $50 million from Crestline Investors. Company management highlighted the capital investment, along with the warehouse facility, will ... [Read More]
Moody’s sees consumers on ‘trade-in treadmill’
SubPrime Auto Finance News Staff
In a new report released on Monday, Moody’s Investors Service explained what likely might be happening in the war rooms at auto finance companies nowadays. Financing providers are increasingly faced with the choice of taking on greater risk by rolling ... [Read More]
Top 20 finance companies by market share in Q4
Nick Zulovich, Senior Editor
Shared exclusively for SubPrime Auto Finance News, Experian Automotive determined the top 20 market holders of what analysts classify as finance companies — operations that do not hold consumer deposits and often specialize in originating subprime paper. Experian Automotive compiled ... [Read More]
Former Ally exec joins RoadVantage as regional VP
SubPrime Auto Finance News Staff
F&I program provider RoadVantage recently announced industry veteran Aaron Riddle joined its sales team as a regional vice president. Riddle comes to RoadVantage with more than 25 years of experience in F&I, most recently with Ally Financial where he served ... [Read More]
Impact of CFPB’s suit against processor being dismissed
Nick Zulovich, Senior Editor
Perhaps it wasn’t an upset to the level that might have impacted your bracket predicting winners of this year’s NCAA men’s basketball tournament. But the U.S. District Court for the District of North Dakota dismissing the Consumer Financial Protection Bureau’s ... [Read More]
Fed tells SCUSA to shore up compliance management
Nick Zulovich, Senior Editor
According to documents filed on Thursday with the Federal Reserve and the Securities and Exchange Commission, Santander Consumer USA and its parent's subsidiaries entered into a written agreement on Tuesday with the Federal Reserve Bank of Boston. Under the terms of ... [Read More]
CFPB hands $3M fine to Experian over credit scores
SubPrime Auto Finance News Staff
On Thursday, the Consumer Financial Protection Bureau (CFPB) took action against Experian and its subsidiaries for what regulators said was “deceiving” consumers about the use of credit scores it sold to consumers. The CFPB said Experian claimed the credit scores ... [Read More]
RouteOne integrates with defi SOLUTIONS to boost eContracting
SubPrime Auto Finance News Staff
RouteOne announced on Thursday that defi SOLUTIONS is now an eContracting certified loan origination system (LOS) with RouteOne. The companies highlighted that finance sources utilizing defi’s LOS now can benefit from a streamlined eContracting implementation process. The companies noted that ... [Read More]
Westlake sets new mark with $700M securitization
SubPrime Auto Finance News Staff
Within a week of leveraging additional vehicle location data and analytics to mitigate its risk, Westlake Financial Services announced on Tuesday that the finance company issued a $700 million asset-backed securitization backed by approximately $748.7 million of automotive loans and ... [Read More]
X