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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

Fitch: Subprime ABS Solid in May, Aided by Used Market

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SubPrime Auto Finance News Staff
While the subprime sector produced positive results, Fitch Ratings reported losses for U.S. prime auto loan ABS ticked up in May, but overall asset performance remains “solid.” Fitch indicated that 60-day delinquencies in the prime space crept 7 percent higher ... [Read More]

Newest CFPB Action Reiterates 3 Minimums for Vendor Management

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SubPrime Auto Finance News Staff
FNI Inc. president David Bafumo noticed the vendor management portion of the latest consent order from the Consumer Financial Protection Bureau closely tracks and elaborates on the bureau’s original service provider guidance bulletin. Bafumo explained his reasoning in light of ... [Read More]

Loan Lengths, LTVs Concern OCC Officials

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SubPrime Auto Finance News Staff
The lengthening of vehicle financing contracts as well as the loan amount attached to those deals has the attention of another federal regulator — the Office of the Comptroller of the Currency. The auto finance market appeared several times in ... [Read More]

Vosotas Resigns as Nicholas Financial Chairman

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SubPrime Auto Finance News Staff
After almost 30 years with the company he founded, Peter Vosotas no longer is chairman of the board and a director at Nicholas Financial, an indirect special finance company that originates subprime loans with more than 1,600 dealers. According to ... [Read More]

Motorsports Sales Ripe for Fruitful Subprime Growth This Year and Beyond

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Nick Zulovich, Editor
Steve Klees sees motorcycles and other powersports equipment sitting at dealerships and can’t help but think there are possibly scores of potential subprime buyers for those items if more finance companies chose to delve into that market. Klees, who is ... [Read More]

TransUnion: Reporting of Rental Payments Could Benefit Subprime Consumers

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SubPrime Auto Finance News Staff
A new TransUnion analysis found that the reporting of rental payment information to the credit bureaus in a manner similar to other financial obligations could have a positive effect for the majority of subprime consumers' credit. Analysts found the subprime ... [Read More]

Millennials Give Finance Companies New Challenges

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Nick Zulovich, Editor
Beyond the metrics about originations, collections and other figures associated with vehicle financing, the 2014 member survey orchestrated by the National Automotive Finance Association highlighted just how important Millennials are to the present and future of the industry. During his ... [Read More]

CNW: Subprime Approvals Climbing in June

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SubPrime Auto Finance News Staff
With the firm’s Jitters Index improving significantly during the first part of month, CNW Research is expecting subprime vehicle financing approvals to climb both month-over-month and year-over-year in June. According to its June Retail Automotive Summary, CNW is seeing this ... [Read More]

Cordray’s Appointment to CFPB Still Questioned

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SubPrime Auto Finance News Staff
Though a Supreme Court decision last week only included a decision invalidating President’s Obama’s recess appointments to the National Labor Relations Board, the chairman of the U.S. House Financial Services Committee remains adamant that the president’s recess tapping of the ... [Read More]

How Latest CFPB Consent Order Gave Valuable Guidance

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SubPrime Auto Finance News
In his newest commentary to help finance companies generate the most revenue out of the sale of add-on products, FNI Inc. president David Bafumo spotted what he described as valuable new guidance from the Consumer Financial Protection Bureau in its ... [Read More]

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