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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

FSOC Transparency Questioned by House Member

Scott Garrett talking for SPN
SubPrime Auto Finance News Staff
Along with a perceived lack of transparency at the Consumer Financial Protection Bureau, rumblings about how many closed-door sessions are conducted by another regulatory body established by the Dodd-Frank Act now are percolating on Capitol Hill. Rep. Scott Garrett, member ... [Read More]

Black Book: Profit Growth Possible Even As Supply Rises

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SubPrime Auto Finance News Staff
Despite growing supply challenges, the newest white paper from Black Book Lender Solutions highlighted how profitable portfolio growth opportunities remain in place for auto lenders. The white paper titled, “Finding Portfolio Growth Amidst Changing Supply Levels,” also reinforced three other ... [Read More]

Hudson Cook Partner Wins Lifetime Achievement Award

Anne Fortney Pic for SPN
SubPrime Auto Finance News Staff
The American College of Consumer Financial Services Lawyers recently recognized Hudson Cook partner Anne Fortney with the prestigious Sen. William Proxmire Lifetime Achievement Award. The award is given periodically to a person who has made significant contributions in the field ... [Read More]

Pelican Auto Finance’s Plan to be a Top Subprime Player

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Nick Zulovich, Editor
Pelican Auto Finance is using what executives describe as a “crawl-walk-run approach” to growth in the deep subprime auto financing world. And they want to start running to the point where the company’s portfolio ranks among the top five institutions ... [Read More]

GrooveCar Connects to Dealertrack for National Expansion

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SubPrime Auto Finance News Staff
GrooveCar, a national vehicle-buying resource for credit unions, recently indicated that GrooveCar’s AppTrac System will now connect to the Dealertrack Credit Application Network. According to GrooveCar, the Dealertrack Network will also be an integral part of GrooveCar’s future nationwide expansion ... [Read More]

Equifax and NIADA Partner for Vehicle Delivery Solutions

Eqifax eport for SPN
SubPrime Auto Finance News Staff
Equifax recently signed an agreement with the National Independent Automotive Dealers Association to be a National Member Benefit Partner. Through this relationship, Equifax will provide NIADA-member dealers access to the next generation of tools and information to help them deliver ... [Read More]

DOJ Investigating Fifth Third’s Auto Loan Business

fifth third bank for SPN
SubPrime Auto Finance News Staff
Fifth Third Bank acknowledged in its most recent filing with the Securities and Exchange Commission that it’s being investigated by the Department of Justice about its indirect auto loan business. According to the company’s Form 10-Q, officials said they are ... [Read More]

NAF Association Highlights Agenda for Annual Conference

omni fort worth for SPN
SubPrime Auto Finance News Staff
Along with giving executives another opportunity to complete the first module of its compliance certification program, the National Automotive Finance Association is rolling out one of its best lineups ever for its annual conference later this month. The NAF Association ... [Read More]

FTC Approves Final Consent Orders in Dealers’ Ads Cases

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SubPrime Auto Finance News Staff
Following public comment periods, the Federal Trade Commission approved final consent orders this week involving 10 dealers’ deceptive advertising charges. Under the settlement orders, FTC officials said the dealerships are prohibited from misrepresenting in any advertisement for the purchase, financing ... [Read More]

SEC Demand Could Impede Nicholas Financial Sale

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SubPrime Auto Finance News Staff
Demands by the Securities and Exchange Commission are placing a hurdle in Nicholas Financial — an indirect special finance company that originates subprime loans with more than 1,600 dealers — becoming an indirect wholly owned subsidiary of Prospect Capital Corp. ... [Read More]

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