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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

Average Terms Hit 66 Months for First Time

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SubPrime Auto Finance News Staff
As the subprime financing market continues to expand, Experian Automotive determined that loan terms continued to lengthen with the average automotive loan term reaching 66 months for the first time. According to Experian’s latest State of the Automotive Finance Market ... [Read More]

Available Credit and Long Terms to Drive May New-Car Sales Higher

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SubPrime Auto Finance News Staff
Edmunds.com is projecting that seasonally adjusted annual rate for new-vehicle sales this month will increase thanks to the favorable financing conditions that still are in place. Site analysts forecasted that 1,547,771 new cars and trucks will be sold in the ... [Read More]

Report: Franchised Dealers Spent $3.2B on Compliance in 2012

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SubPrime Auto Finance News Staff
Here are more numbers showing just how much of a bite regulatory compliance is taking out of franchised dealers’ profitability apple — especially for what it takes to legally operate the F&I office. A new report released by the Center ... [Read More]

NAF Association Survey: Competition Clearly Intensifies

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SubPrime Auto Finance News Staff
The National Automotive Finance Association released the results of its revamped invitation-only member survey this week during its 18th annual Non-Prime Auto Financing Conference. While the survey asked the 22 participating finance companies to complete questions about originations, marketing and ... [Read More]

CPS to Pay $5.5M to Settle FTC Charges

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SubPrime Auto Finance News Staff
The Federal Trade Commission said Thursday that Consumer Portfolio Services will pay more than $5.5 million to settle charges that the subprime auto finance company used “illegal tactics” to service and collect consumers’ loans, including collecting money consumers did not ... [Read More]

Credit Scores for Retired Military Buyers at Highest Point in 3 Years

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SubPrime Auto Finance News Staff
CNW Research indicated vehicle financing approvals for subprime buyers are down a bit this month compared to a year ago but are up slightly compared to April. The latest edition of the firm’s Retail Automotive Summary showed subprime approvals are ... [Read More]

The Next Up Extends Solution into Finance Office

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SubPrime Auto Finance News Staff
The Next Up, a retail sales process aimed at improving dealership sales, announced the extension of The Next Up Web-based system to include applications for a dealership’s finance and service departments. Designed to create added accountability in the finance and ... [Read More]

Hackett Now Sharing Insights to Enhance Compliance

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Nick Zulovich, Editor
Finance company compliance departments as well as legal counsel to trade and dealer associations are still sorting through the ramifications of the indirect auto lending and compliance bulletin the Consumer Financial Protection Bureau sent out more than a year ago. ... [Read More]

Exeter Finance Announces $500M Securitization

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SubPrime Auto Finance News
Exeter Finance Corp. announced this week that EFCAR — a special purpose Delaware limited liability company and wholly owned subsidiary of the Exeter — priced $500 million in aggregate principal amount Series 2014-2 automobile receivable backed notes. The company indicated ... [Read More]

Subpoenaed CFPB Witnesses Testify to House Subcommittee

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SubPrime Auto Finance News Staff
As part of its ongoing investigation into allegations of racial and gender discrimination and employee retaliation at the Consumer Financial Protection Bureau, the U.S. House Financial Services Oversight and Investigations Subcommittee this week heard testimony from witnesses who were subpoenaed ... [Read More]

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