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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

BillingTree completes data security audit

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SubPrime Auto Finance News Staff
BillingTree once again successfully passed the PCI Security Standards Council audit, which this year came under the new PCI 3.0 standards. The company highlighted the new PCI-DSS is designed with an increased focus on operational standards, security and training to ... [Read More]

Honor Finance obtains new funding facility

money car
SubPrime Auto Finance News Staff
CIVC Partners, a Chicago-based private investment firm, recently announced that its portfolio company, Honor Finance, established a new funding facility with Wells Fargo Securities. Officials highlighted this new facility provides a “substantial” increase in funding capacity to support the continuing ... [Read More]

Supreme Court’s decision reinforces disparate impact

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Nick Zulovich, Editor
The Consumer Financial Protection Bureau now possesses a Supreme Court majority opinion as reinforcement to continue to leverage disparate impact as a regulatory method to oversee and potentially reprimand the auto finance industry. The Supreme Court released its opinion this ... [Read More]

Exeter appoints new chief human resources officer

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SubPrime Auto Finance News Staff
In the same month its new chief financial officer came aboard, Exeter Finance Corp. appointed a new executive vice president and chief human resources officer this week. Officially taking the role on Monday is Martin Evans Exeter highlighted Evans is ... [Read More]

Cheap lease deals abundant

leasing
Joe Overby, Staff Writer
A recent analysis from Edmunds.com indicates that in addition to being among “the biggest factors that are making it easier for shoppers to afford more expensive vehicles” (along with cheaper credit), new-vehicle lease penetration is on track to reach an ... [Read More]

Narratives now posted in CFPB complaint database

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Nick Zulovich, Editor
Consumer complaints possibly made about your finance company, dealership, debt-collection agency or related industry service provider to the Consumer Financial Protection Bureau now are available for anyone to see. For the first time on Thursday, the CFPB turned on its ... [Read More]

Credit Acceptance & SNAAC receive workplace awards

silver award
SubPrime Auto Finance News Staff
Both Credit Acceptance Corp. and Security National Automotive Acceptance Co. (SNAAC) each recently received accolades associated with being a great place to work. Credit Acceptance was named No. 18 on the list of 100 Best Workplaces for Millennials based on ... [Read More]

2 NJ stores reach $135K settlement with AG

gavel and money
SubPrime Auto Finance News Staff
Six-figure financial penalties from regulators against dealerships are becoming more frequent. About the same time a trio of franchised stores reached a settlement with New York’s attorney general, a pair of franchised operations entered into a final consent judgment with ... [Read More]

Spireon & Megasys team up for integration

business man with tablet
SubPrime Auto Finance News Staff
Spireon announced on Wednesday that consumer loan servicing systems provider Megasys will partner with the mobile resource management provider to provide out-of-box integration with Spireon tools. Company officials contend the integration between Spireon GoldStar GPS and Megasys Omega marks the ... [Read More]

Another former FTC official joins Hudson Cook

board of directors table
SubPrime Auto Finance News Staff
Hudson Cook’s newest partner is arriving at the nationwide provider of legal compliance services for the financial services industry after a previous stint at the Federal Trade Commission. Coming aboard as a partner in its Washington, D.C. office is Rebecca ... [Read More]

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