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Inside Auto Auction M&A with Mach10 CEO George Pero
Tuesday, Oct. 28, 2025, 02:01 PM
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
Monday, Oct. 27, 2025, 04:17 PM
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here
Zapmoto Co-Founder & CEO Clint Curtis
Tuesday, Oct. 21, 2025, 07:52 PM
We throw the keys to the valet on this episode. Clint Curtis is the co-founder and CEO of Zapmoto, which provides valet pickup and delivery of vehicles for servicing at car dealerships. He joins the Auto Remarketing Podcast for a ... Listen Here

KeyBanc considers disparate impact ruling implications

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Tuesday, Jun. 23, 2015, 03:09 PM
SubPrime Auto Finance News Staff
Time is dwindling in the current Supreme Court session, and the justices have yet to offer their opinion on a case connected with the use of disparate impact, one of the sharpest tools the Consumer Financial Protection Bureau uses to ... [Read More]

CarMax keeping subprime aggression steady

earnings report
Monday, Jun. 22, 2015, 03:33 PM
SubPrime Auto Finance News Staff
CarMax Auto Finance reported “better than anticipated” loan charge-offs that had a favorable impact on both the provision for loan losses and the ending allowance for loan losses during the first quarter of its current fiscal year. The performance prompted ... [Read More]

Exeter Finance leverages ACI Worldwide’s bill payment service

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Monday, Jun. 22, 2015, 03:28 PM
SubPrime Auto Finance News Staff
Subprime auto finance company Exeter Finance Corp. on Monday selected the UP Bill Payment Solution offered by ACI Worldwide, a global provider of electronic payment and banking solutions. It’s a move both companies said is meant to simplify multiple bill ... [Read More]

NAMAD & EFG announce first Northwood scholarship recipient

student loans
Monday, Jun. 22, 2015, 03:26 PM
SubPrime Auto Finance News Staff
EFG Companies, together with the National Association of Minority Automobile Dealers (NAMAD), selected the recipient for their first Northwood University private donor scholarship on Monday. This NAMAD scholarship will fund the remainder of four-year tuition for Javante Dilworth while he ... [Read More]

S&P report says CFPB considering legal action against Westlake

gavel and balance scale
Friday, Jun. 19, 2015, 06:39 PM
SubPrime Auto Finance News Staff
A securitization presale report from Standard & Poor’s gave a glimpse as to what the interaction between Westlake Financial Services and the Consumer Financial Protection Bureau has been like dating back more than a year. The report based on information ... [Read More]

Why NY dealer settlement impact might ripple elsewhere

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Friday, Jun. 19, 2015, 03:53 PM
Nick Zulovich, Editor
While dealership management emphasized this week’s settlement with the New York attorney general “acknowledges no admission of wrongdoing or liability,” Dealertrack Technologies' Randy Henrick shared his unsavory assessment of the “payment packing” possibly orchestrated by a trio of Honda stores ... [Read More]

BB&T Dealer Finance halts markups

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Friday, Jun. 19, 2015, 03:42 PM
Nick Zulovich, Editor
For franchised and independent dealerships that use BB&T Dealer Finance, a segment of BB&T Dealer Financial Services, flat-fee compensation is coming your way. On Thursday, the commercial bank announced the launch of what it dubbed “a nondiscretionary dealer compensation program, ... [Read More]

Industry notes: GM Financial upgrade & CPS securitization

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Friday, Jun. 19, 2015, 03:35 PM
SubPrime Auto Finance News Staff
As Consumer Portfolio Services closed its second term securitization of the year, General Motors cheered Fitch Ratings’ decision this week to raise the credit ratings of both GM and GM Financial to investment grade with the finance company’s diminishing presence in ... [Read More]

Edmunds: ‘Substantial pullback’ in subprime not likely at this point

subprime clouds
Friday, Jun. 19, 2015, 03:01 PM
Joe Overby, Staff Writer
The growth in the subprime auto finance market has been as steep as it has been talked about — and it’s also something that Edmunds.com chief economist Lacey Plache says to keep an eye on. However, she emphasized that we’re ... [Read More]

CFPB suing SNAAC over debt collections

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Wednesday, Jun. 17, 2015, 06:02 PM
SubPrime Auto Finance News Staff
While officials said the complaint is not a finding or ruling that the finance company has actually violated the law, the Consumer Financial Protection Bureau sued Security National Automotive Acceptance Co. (SNAAC) today for aggressive debt collection tactics against servicemembers. ... [Read More]
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