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
$500K ad campaign against CFPB launches
SubPrime Auto Finance News Staff
For dealership principals and finance company executives who might be watching tonight’s fourth Republican presidential primary debate, they might not want to step away during a commercial break: an advertisement is planned to highlight the position against the Consumer Financial ... [Read More]
Credit Acceptance points to collections as industry barometer
Nick Zulovich, Editor
Investment analysts thought Credit Acceptance Corp. leadership would be a good source to gauge what might be in the subprime auto finance space and gather any clarity about whether turbulence might be ongoing. Rather than just offering his opinion, chief ... [Read More]
NADA’s 2nd FOIA request rejected by CFPB
SubPrime Auto Finance News Staff
For the second time in four months, the National Automobile Dealers Association has stated the Consumer Financial Protection Bureau squashed efforts to make public a number of leaked agency documents that NADA contends might undermine many of the agency’s long-running ... [Read More]
2 more companies join F&I Express network
SubPrime Auto Finance News Staff
F&I Express announced two more companies joined its aftermarket product network. The newest additions to the network of nearly 100 product providers in an online portal accessible by dealers are Florida-based United States Warranty Corp., and Dent Wizard, a provider ... [Read More]
AFC loan transactions now above 1 million for year
Joe Overby, Staff Writer
The AFC unit of KAR Auction Services enjoyed a solid third quarter, with volumes climbing 13 percent and profitability remaining strong. According to the parent company’s quarterly earnings information, AFC had 405,116 loan transactions in Q3, up from 358,800 in ... [Read More]
F&I Innovator of the Year judging panel announced
SubPrime Auto Finance News Staff
EFG Companies, partnered with Northwood University, this week announced the judging panel for the first annual F&I Innovator of the Year Award competition. According to EFG, the eight-member panel collectively touts over 100 years of F&I experience at auto dealerships ... [Read More]
$968 billion in open auto loans
Joe Overby, Staff Writer
Outstanding car loans hit a high point in the third quarter and have climbed more than 53 percent in the last five years, which appear to be good signs for the industry. As does the increase in car sales that ... [Read More]
FactorTrust lands $42M from 2 investment firms
SubPrime Auto Finance News Staff
Alternative credit data provider FactorTrust on Tuesday closed on a $42 million investment led by ABS Capital Partners, a late-stage growth company investor, and MissionOG, an early to growth stage investor. With the investment, FactorTrust insisted the company will accelerate ... [Read More]
5-point checklist for credit unions entering subprime
SubPrime Auto Finance News Staff
CUNA Mutual Group recently told attendees during the sixth annual Discovery Conference about the five primary elements credit unions must address if they plan to originate more vehicle installment contracts with subprime borrowers. CUNA Mutual Group director of loan growth ... [Read More]
Ally on disciplined path to $40B in originations this year
Nick Zulovich, Editor
Without necessarily having to be too aggressive with underwriting to consumers lower down the credit spectrum, Ally Financial emphasized that it remains on track to reach its goal for originations this year despite the headwinds of not collecting as much ... [Read More]
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