FICO explains reasons for slight dip in average credit scores within auto
Tuesday, Aug. 25, 2026, 10:24 AM
Fitch watches tax-refund boost on securitizations fade during half of the year
Monday, Aug. 24, 2026, 11:22 AM
SEC rolls out more charges against former Tricolor executives who have already been federally indicted
Friday, Aug. 21, 2026, 10:09 AM
SPONSORED EPISODE: Allied Solutions explains why origination is episodic, but servicing is continuous
John Elias, sales specialist in auto finance business development for Allied Solutions, is back as the guest for another sponsored episode of the Auto Remarketing Podcast. Elias explains why current market conditions, affordability pressures and changing vehicle values are combining ... Listen Here
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
Top 20 grossing vehicles in subprime deals
SubPrime Auto Finance News Staff
Equifax highlighted the total amount of subprime auto loans originated through August and connected to consumers with an Equifax Risk Score below 620 totaled $75.8 billion, representing a 12.6-percent increase year-over-year. In an effort to help dealerships and finance companies ... [Read More]
SCUSA taps BNY Mellon EVP to be CFO
SubPrime Auto Finance News Staff
Santander Consumer USA appointed a new chief financial officer on Monday; an executive who will take on the role starting Dec. 16. Replacing interim CFO Jennifer Davis, who will continue to serve as deputy chief financial officer is Ismail “Izzy” Dawood. ... [Read More]
eLEND Solutions joins DealerVault’s Premier Network, appoints chief sales officer
SubPrime Auto Finance News Staff
Along with tapping an executive to fill the newly created role of chief sales officer, eLEND Solutions — a technology company delivering integrated credit, identification and finance solutions to dealers — recently announced the provider joined DealerVault’s Premier Network. DealerVault ... [Read More]
Is industry ‘numb’ after CFPB’s latest multi-million fine?
Nick Zulovich, Editor
Steve Levine used both social media and an email message to SubPrime Auto Finance News to convey thought-provoking reaction to Thursday afternoon’s announcement from the Consumer Financial Protection Bureau. Levine wondered via Twitter if the industry as a whole is ... [Read More]
Executive changes at Ford Motor Credit, VW Credit & Huntington
SubPrime Auto Finance News Staff
Two captive finance companies and a commercial bank all made changes to their top executive teams this week. Beginning with Ford Motor Credit, the Blue Oval’s captive named Joy Falotico as chief operating officer. The OEM also elected Falotico as ... [Read More]
Reynolds adds F&I library for Texas dealers
SubPrime Auto Finance News Staff
Reynolds and Reynolds now has more resources for dealerships in the Lone Star State. The week, the company announced that Reynolds Document Services released the Reynolds LAW Texas F&I Library. The library is a comprehensive catalog of standardized, legally reviewed ... [Read More]
Autoscribe collects 2 more honors during Best in Biz Awards
SubPrime Auto Finance News Staff
Autoscribe Corp., provider of PaymentVision and Lyons Commercial Data, has been named a silver winner in the Best in Biz Awards, an independent business awards program judged by members of the press and industry analysts. Autoscribe — also a recent ... [Read More]
CFPB hands Clarity $8M penalty
Nick Zulovich, Editor
The Consumer Financial Protection Bureau is now wielding its enforcement action and penalty powers in the alternative data space. On Thursday afternoon, the CFPB took action against a nationwide credit reporting company, Clarity Services, and its owner, Tim Ranney, for ... [Read More]
Subprime originators gain more market share in Q3
SubPrime Auto Finance News Staff
As captive activity also registered gains, Experian Automotive highlighted on Wednesday that what it classifies as finance companies — institutions that don’t hold customer deposits but get most of their business from consumers with subprime and deep-subprime credit — gained a ... [Read More]
Fitch notices losses for subprime auto ABS top 8%
SubPrime Auto Finance News Staff
Fitch Ratings analysts used the terminology “minor cracks” to describe the auto ABS loss trends they continue to see emerging in both the U.S. prime and subprime markets. Analysts spotted that subprime annualized net losses rose for the fifth consecutive ... [Read More]
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