2025 Loss Mitigation Executive of the Year: Craig Paterson of GM Financial
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Lender executives & industry experts distill current status of subprime auto finance
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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
Credit Acceptance Reveals Plan to Buy Back 637K Shares of Common Stock
Friday, Feb. 28, 2014, 09:08 PM
SubPrime Auto Finance News Staff
Coming off of a quarter and a year where the company posted healthy gains in consolidated net income, Credit Acceptance Corp. announced today that it commenced a tender offer to purchase up to 637,420 shares of its outstanding common stock. ... [Read More]
defi SOLUTIONS Integrates into RouteOne’s eContracting Platform
Friday, Feb. 28, 2014, 09:04 PM
SubPrime Auto Finance News Staff
Texas-based loan origination system developer defi SOLUTIONS announced on Thursday that the company now offers RouteOne's eContracting solution to lenders as a part of their LOS solution. Officials indicated defi SOLUTIONS' lenders that have signed up for RouteOne's eContracting solution ... [Read More]
CU Xpress Lease Partners with McGraw-Hill FCU
Friday, Feb. 28, 2014, 09:02 PM
SubPrime Auto Finance News Staff
CU Xpress Lease, a part of the GrooveCar family of brands, recently formed a partnership with McGraw-Hill Federal Credit Union, which is based in Windsor, N.J., and now will offer leasing in New Jersey, New York City and Westchester County ... [Read More]
Paymaxx Pro Exec Completes Certified Payments Professional Examination
Friday, Feb. 28, 2014, 09:00 PM
SubPrime Auto Finance News Staff
Paymaxx Pro highlighted that the company's national accounts and business development director Jon Leedom recently has been granted the designation of ETA Certified Payments Professional, the professional certification program administered by the Electronic Transactions Association. By successfully meeting the ETA's ... [Read More]
Toyota Financial Services Highlights eContracting Success Using Fiserv System
Friday, Feb. 28, 2014, 08:57 PM
SubPrime Auto Finance News
Fiserv announced today that Toyota Financial Services has successfully used its Automotive Loan Origination System (LOS) to implement electronic contracting (eContracting), allowing dealerships to begin to phase out paper contracts, increase accuracy and improve efficiency during the loan credit and ... [Read More]
Edmunds.com: Mixed Movements in Average Used-Financing APR at Franchised Stores
Friday, Feb. 28, 2014, 08:55 PM
SubPrime Auto Finance News
Edmunds.com analyzed APR data for loans that went through franchised dealership F&I offices in January and found rates for used-vehicle financing moved up slightly month-over-month but dropped year-over-year. Analysts pinpointed January's sequential rise at 0.08 percent while the year-over-year decrease ... [Read More]
Manheim Signs Agreement to Purchase Stake in Go Financial
Friday, Feb. 28, 2014, 08:53 PM
SubPrime Auto Finance News Staff
NextGear Capital customers who want easier and faster sales financing for subprime customers will have it as a result of Manheim signing an agreement to purchase an equity stake in Go Financial, a subprime auto finance company. Officials highlighted today ... [Read More]
CU Direct Connect Unveils New Website with Several Consumer Benefits
Friday, Feb. 28, 2014, 08:51 PM
SubPrime Auto Finance News Staff
Earlier this week, CU Direct Connect launched its newly revamped website developed with the consumer in mind while still providing indirect auto lending services to credit unions and dealers in Colorado. Since the company believes it has tremendous relationships with ... [Read More]
US Chamber Sends Letter to CFPB Questioning Impact of Ally Financial Penalty
Friday, Feb. 28, 2014, 08:49 PM
SubPrime Auto Finance News
The U.S. Chamber of Commerce recently followed the path forged by the American Financial Services Association, the National Automobile Dealers Association and other interested parties in questioning the new regulatory environment for indirect auto lending created by the Consumer Financial ... [Read More]
AFSA Unveils White Paper on Trends in Vehicle Franchise Legislation
Friday, Feb. 28, 2014, 08:47 PM
SubPrime Auto Finance News
The state government affairs committee of the American Financial Services Association recently issued a white paper, focusing on a trend in vehicle franchise legislation that affects the relationship between automakers regulated financial institutions and franchised dealers related to the sale ... [Read More]
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