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
Ally Gives $11K in Honor of TIME Dealer of the Year Winner
Monday, Jun. 23, 2014, 03:29 PM
SubPrime Auto Finance News Staff
Ally Financial recently honored Jeff Teague of Teague Auto Group as the winner of the 2014 TIME Dealer of the Year award and presented a charitable grant to support his efforts in the local community. Ally executives were on hand ... [Read More]
CU Xpress Lease Partners With Peoples Credit Union
Monday, Jun. 23, 2014, 03:27 PM
SubPrime Auto Finance News Staff
CU Xpress Lease, part of the GrooveCar family of brands, recently formed a partnership with Peoples Credit Union, which will be offering vehicle leasing in Broward and Palm Beach counties in south Florida. Peoples chief executive officer Jeffrey Miller explained ... [Read More]
CarMax’s Special Subprime Portfolio Nears $30M
Monday, Jun. 23, 2014, 03:21 PM
Nick Zulovich, Editor
During the first quarter of its 2015 fiscal year, CarMax Auto Finance originated $20.5 million of loans — representing 0.8 percent of retail unit sales for the timeframe — through its program for customers who typically would be financed by ... [Read More]
CPS Outlines $202.5M Securitization
Friday, Jun. 20, 2014, 04:26 PM
SubPrime Auto Finance News Staff
This week, Consumer Portfolio Services announced the closing of its second term securitization of the year. The company highlighted the transaction is CPS’ first senior subordinate securitization to receive a triple A rating on the senior class of notes. In ... [Read More]
Equifax, NIADA Execs Discuss Subprime Credit Availability
Friday, Jun. 20, 2014, 04:16 PM
SubPrime Auto Finance News Staff
Equifax shared some details of a recent conversation the credit bureau had with the National Independent Automobile Dealers Association leading up to NIADA’s annual convention in Las Vegas. They touched on a wide array of issues, including access to financing ... [Read More]
Toyota Financial Services Enhances Military Rebate Program
Friday, Jun. 20, 2014, 04:13 PM
SubPrime Auto Finance News Staff
Toyota Financial Services and Lexus Financial Services expanded of their longstanding military rebate program this week. Officials highlighted they now offer a $500 rebate on all new Toyota and Scion vehicles, and a $750 rebate on all new and certified ... [Read More]
CFPB Discrimination Settlement Questioned by Lawmaker
Friday, Jun. 20, 2014, 04:11 PM
By Nick Zulovich, Editor
As two more individuals testified this week alleging discrimination at the Consumer Financial Protection Bureau, Rep. Patrick McHenry and CFPB director Richard Cordray clashed over how a current bureau employee received settlements to satisfy claims. Corday acknowledged the CFPB resolved ... [Read More]
CFPB to Release Disparate Impact White Paper
Thursday, Jun. 19, 2014, 03:35 PM
Nick Zulovich, Editor
In what’s being described as “a very helpful development,” Consumer Financial Protection Bureau director Richard Cordray confirmed on Wednesday that the agency plans to release a white paper about how regulators are using the proxy method of finding disparate impact ... [Read More]
SAFCo and PayNearMe Partner to Offer Payment Options
Wednesday, Jun. 18, 2014, 05:59 PM
SubPrime Auto Finance News Staff
Electronic cash transaction network PayNearMe, and non-prime automotive lending company Southern Auto Finance have partnered to offer SAFCo’s borrowers a convenient new way to repay their loans using cash at more than 17,000 participating 7-Eleven, Family Dollar and ACE Cash ... [Read More]
AFS Acceptance Taps Former CPS Exec to Be VP of Loan Servicing
Wednesday, Jun. 18, 2014, 03:43 PM
SubPrime Auto Finance News Staff
AFS Acceptance recently appointed a former executive from Consumer Portfolio Services to be the company’s new vice president of loan servicing. Tapped for the position was Eric Van Eaton, who will lead all aspects of loan servicing for AFS Acceptance, ... [Read More]
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