2025 Loss Mitigation Executive of the Year: Craig Paterson of GM Financial
Wednesday, Nov. 5, 2025, 02:23 PM
Lender executives & industry experts distill current status of subprime auto finance
Wednesday, Nov. 5, 2025, 10:48 AM
2025 Repossession Agent of the Year: Phil Hanks of Connect 1 Recovery
Thursday, Nov. 6, 2025, 10:34 AM
SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Tuesday, Nov. 4, 2025, 09:15 PM
Inside Auto Auction M&A with Mach10 CEO George Pero
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
Tuesday, Oct. 28, 2025, 02:01 PM
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
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
Monday, Oct. 27, 2025, 04:17 PM
NextGear Capital Receives TechPoint Mira Award
Wednesday, May. 13, 2015, 02:36 PM
SubPrime Auto Finance News Staff
TechPoint, Indiana’s technology growth initiative, recognized NextGear Capital as one of the state’s technology success stories during its annual Mira Awards gala on May 2. Now in its 16th year, the Mira Awards celebrate the most innovative and successful technology ... [Read More]
Credit Acceptance Cites Salesforces for Q1 Success
Monday, May. 11, 2015, 03:19 PM
Nick Zulovich, Editor
Rather than just attributing double-digit growth in unit and dollar volumes as well as the number of active dealers using its platform only to market conditions and the possibility some competitors pulled back during the first quarter, Credit Acceptance Corp. ... [Read More]
AFSA Offers 4 New Responses CFPB Could Use in Database
Monday, May. 11, 2015, 03:17 PM
SubPrime Auto Finance News Staff
Along with recommendations on how to alter the nine standard responses the agency plans to embed, the American Financial Services Association shared four more potential finance company replies that would be integrated within the Consumer Financial Protection Bureau public compliant ... [Read More]
AmTrust Financial Services Buys Warranty Solutions
Monday, May. 11, 2015, 03:14 PM
SubPrime Auto Finance News Staff
AmTrust Financial Services recently entered into a definitive agreement to acquire Warranty Solutions, a Wells Fargo business, for $152 million in cash. Officials highlighted Warranty Solutions designs, markets, administers and underwrites vehicle service contracts for new and used vehicles through ... [Read More]
Let’s Consider Vehicle Equity & Long-Term Loans
Thursday, May. 7, 2015, 07:56 PM
Tony Hughes, Moody's Analytics
There has been a spate of articles lately discussing concerns about elevated growth in the auto finance sector. Some have argued that increased subprime lending to low- and middle-income consumers could result in some of the same fallout that occurred ... [Read More]
DRN’s Address Scoring & Location Reports Now Embedded in Shaw Systems Collections Platform
Thursday, May. 7, 2015, 07:54 PM
SubPrime Auto Finance News Staff
In a new development this week, address scoring and location reports from Digital Recognition Network are now available in the Shaw Systems Associates collections software platform. Officials highlighted Shaw Systems’ customers now have access to new data insights that can ... [Read More]
Westlake’s ALPS Buys $12.4M Bulk Portfolio
Thursday, May. 7, 2015, 07:49 PM
SubPrime Auto Finance News Staff
Advanced Lending & Portfolio Services (ALPS), a division of Westlake Financial Services, announced the acquisition of a $12.4-million bulk portfolio from Blackhawk Financial based out of Chicago. While revealed on Thursday, officials indicated the acquisition happened on March 19. Blackhawk ... [Read More]
Bureau Finds 26M Consumers Are ‘Credit Invisible’
Wednesday, May. 6, 2015, 03:06 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau published a report on Tuesday finding that 26 million Americans are what the agency is calling, “credit invisible.” The bureau explained this figure indicates that one in every 10 adults do not have any credit ... [Read More]
80% of Dealers Believe CFPB Impact Is Coming
Wednesday, May. 6, 2015, 03:05 PM
SubPrime Auto Finance News Staff
While the Consumer Financial Protection Bureau doesn’t have direct jurisdiction over how dealerships operate, a new survey conducted by eLEND Solutions showed 80 percent of dealers expect bureau regulations will be implemented in the near future, further impacting their businesses. ... [Read More]
EFG & Northwood Teach Students About Reinsurance Benefits
Wednesday, May. 6, 2015, 03:03 PM
SubPrime Auto Finance News Staff
EFG Companies recently taught Northwood University’s inaugural reinsurance class at the university’s Michigan campus. The two-part curriculum took students from the most basic definitions of traditional insurance (such as premium, commission, reserve and more) to an overview of reinsurable F&I ... [Read More]
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