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Agora Data’s Matt Burke on becoming NAF Association president
Friday, Jun. 19, 2026, 01:00 AM
Agora Data’s Steve Burke was one of the founders of the National Automotive Finance Association 30 years ago. Now in 2026, Steve Burke’s son, Matt, not only is a top executive at Agora Data, but he is also now president ... Listen Here
Experian’s Melinda Zabritski discusses ongoing stretching of terms
Friday, Jun. 12, 2026, 09:35 AM
The latest appearance on the Auto Remarketing Podcast by Melinda Zabritski, Experian’s head of automotive financial insights and Automotive Intelligence Award recipient, focused on auto-loan terms, which oftentimes are at least 72 months nowadays. Zabritski also compared a data point ... Listen Here
Forming the Transport Queens with Amber Gosney of SYCN Auto Logistics
Tuesday, Jun. 2, 2026, 01:30 PM
Listen Here

Heritage Acceptance turns to defi SOLUTIONS for loan origination system

car sale
Friday, Jul. 1, 2016, 02:35 PM
Lance Dagenhardt, Correspondent
Heritage Acceptance hopes to increase its financing efficiency and speed by teaming up with defi SOLUTIONS. The subprime finance company announced recently that it is now utilizing the defi SOLUTIONS loan origin system (LOS), after going live with the solution ... [Read More]

NADA chairman: Dealers rally behind Senate bill to ‘tame’ CFPB

capitol hill for spn story
Thursday, Jun. 30, 2016, 02:04 PM
Jeff Carlson, NADA
An important number that the nation’s auto dealers should know is 2663. NADA’s battle to tame the Consumer Financial Protection Bureau continues and Senate bill S. 2663 is the next chapter. This bill, entitled, “Reforming CFPB Indirect Auto Financing Guidance ... [Read More]

New York AG reaches 6th dealer settlement in past 12 months

gavel 4
Wednesday, Jun. 29, 2016, 02:13 PM
SubPrime Auto Finance News Staff
For the third time in the span of about a year, New York attorney general Eric Schneiderman announced a settlement with a dealership regarding either the advertising or the financing practices conducted by the store. The most recent development is ... [Read More]

Ally appoints Cary to board as Feinberg departs

boardroom chairs at table
Wednesday, Jun. 29, 2016, 02:08 PM
Lance Dagenhardt, Correspondent
Ally Financial has added a former General Electric executive to its own board of directors. The company announced this week that William “Bill” Cary has been appointed to the Ally board of directors, filling the role left by Cerberus Capital ... [Read More]

Dealers still see subprime availability as big players adjust

sales agreement 3
Monday, Jun. 27, 2016, 03:50 PM
Nick Zulovich, Senior Editor
The size of the U.S. subprime population is getting smaller — at least that’s what FICO says. And large finance companies such as General Motors Financial again acknowledged that the segment of its portfolio composed of subprime paper will continue to ... [Read More]

SNAAC named top workplace in Cincinnati again

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Monday, Jun. 27, 2016, 03:44 PM
Lance Dagenhardt, Correspondent
Security National Automotive Acceptance Co. (SNAAC) was recently named a top workplace in the Cincinnati area, due to positive feedback from employees. SNAAC announced that it has been selected as one of Greater Cincinnati’s Top Workplaces for the third time ... [Read More]

Subprime population drops to lowest point in a decade

fed chair janet yellen for SPN
Friday, Jun. 24, 2016, 03:42 PM
Nick Zulovich, Senior Editor
While Federal Reserve chair Janet Yellen made her semiannual visit to Capitol Hill this week and shared her thoughts on how much interest rates might rise, FICO highlighted how the auto finance customer population that often is charged the highest ... [Read More]

EFG Companies taps Roennau as vice president of compliance

business handshake
Friday, Jun. 24, 2016, 03:35 PM
SubPrime Auto Finance News Staff
Reflecting the company’s ongoing mission of driving operational compliance for its dealership clients, EFG Companies appointed Steve Roennau as vice president of compliance this week. EFG highlighted that Roennau brings a 30-year history of driving bottom-line results in automotive F&I, ... [Read More]

Dealer Funding to stop originating as of June 29

news report stock photo
Thursday, Jun. 23, 2016, 01:49 PM
Nick Zulovich, Senior Editor
SubPrime Auto Finance News has learned Dealer Funding — a finance company specializing in subprime auto financing for both franchised and independent dealerships — “has paused all new business activities as part of an evaluation of its ongoing business operations.” ... [Read More]

Fitch cautious about summertime subprime ABS movement

money 3
Wednesday, Jun. 22, 2016, 03:30 PM
SubPrime Auto Finance News Staff
Fitch Ratings shared its latest update on the topic becoming more of a pressing issue for finance company executives this year — the performance of subprime auto loan ABS. While analysts noticed overall losses and delinquencies improved again in May, ... [Read More]

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