2025 Loss Mitigation Executive of the Year: Craig Paterson of GM Financial
Wednesday, Nov. 5, 2025, 02:23 PM
PODCAST: Used Car Week Hall of Famer Becky Igo of Allied Solutions
Tuesday, Nov. 11, 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
SubPrime Auto Finance Executive of the Year Winner Named
Monday, Oct. 20, 2014, 03:27 PM
Nick Zulovich, Editor
SubPrime Auto Finance News has revealed the recipient of this year’s SubPrime Auto Finance Executive of the Year award, an honor sponsored by Black Book Lender Solutions. The accolade is going to Ian Anderson, president of Westlake Financial Services, which ... [Read More]
US Treasury Sells Another 11.2M Shares of Ally Stock
Friday, Oct. 17, 2014, 03:59 PM
SubPrime Auto Finance News Staff
As Ally Financial declared quarterly dividend payments for certain outstanding preferred stock holders, the U.S. Department of the Treasury announced the completion of its second pre-defined written trading plan for Ally Financial common stock. Treasury officials on Friday said they ... [Read More]
With Delinquencies Up, Auto ABS Performance Softens in September
Friday, Oct. 17, 2014, 03:56 PM
SubPrime Auto Finance News Staff
Leaves are falling and so is the performance of the auto ABS market, but it’s not a “cause for alarm.” Fitch Ratings indicated that the typically slower fall season is leading to higher losses for both prime and subprime U.S. ... [Read More]
5 Reasons Why Credit Scores Don’t Give Whole Picture
Friday, Oct. 17, 2014, 03:53 PM
SubPrime Auto Finance News Staff
The newest white paper from Equifax highlighted five reasons why credit scores might not be most accurate or comprehensive way to access a borrower’s qualifications — especially in subprime. Those reasons included: — Credit scores reflect only a portion of ... [Read More]
EFG Companies & NAMAD Create Northwood University Scholarship
Wednesday, Oct. 15, 2014, 03:33 PM
SubPrime Auto Finance News Staff
This week, EFG Companies and the National Association of Minority Automobile Dealers established an annual, private donor scholarship that will fund the four-year tuition of a minority student attending the automotive marketing and management program at Northwood University. Officials highlighted ... [Read More]
Exeter Details $500M Securitization
Wednesday, Oct. 15, 2014, 03:22 PM
SubPrime Auto Finance News Staff
Exeter Finance Corp. announced this week the pricing of a $500 million securitization backed by auto loan receivables. The company indicated the private offering consisted of four classes of fixed rate notes issued by Exeter Auto Receivables Trust 2014-3 and ... [Read More]
CPS Revenue & Earnings Jump More Than 20% in Q3
Wednesday, Oct. 15, 2014, 03:21 PM
SubPrime Auto Finance News Staff
Consumer Portfolio Services posted gains of more than 20 percent in both earnings per diluted share and revenue during the third quarter. The finance company bought more paper in Q3 compared to previous time frames and watched delinquencies and charge-offs ... [Read More]
Refuting Subprime Auto ‘Bubble’ Talk That Keeps Surfacing
Monday, Oct. 13, 2014, 03:52 PM
Joe Overby, Staff Writer
If you set your automated news alerts or RSS feed to “subprime” or “subprime auto finance,” you’re likely to find news stories that fit in one of two camps: A) subprime auto financing is heading down a dangerous path akin ... [Read More]
5 Ways Dealers Can Enhance Data Security
Monday, Oct. 13, 2014, 03:19 PM
SubPrime Auto Finance News Staff
As more major retailers are being hacked for consumer information, Dealertrack Technologies made five recommendations to help dealerships protect themselves, their customers, store data and ultimately, profitability. Among the five steps shared by Sharon Kitzman, vice president and general manager ... [Read More]
7 Components of eLEND Solutions’ New CreditPlus Tool
Monday, Oct. 13, 2014, 03:14 PM
SubPrime Auto Finance News Staff
Officials from eLEND Solutions highlighted the seven main components of CreditPlus, the next generation of their online, interactive credit application platform. Launched on Monday, the company explained CreditPlus can instantly pre-approve shoppers based on dealer-defined credit criteria and can provide ... [Read More]
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