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Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings
Monday, Mar. 23, 2026, 01:56 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here
Industry Elite: Mike Clark Jr. of C&C Cars
Friday, Mar. 20, 2026, 03:50 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

22 Senators Demand CFPB Answers Auto Lending Policy Questions

Friday, Nov. 1, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Dealer associations, legal service providers and industry organizations have sought clarity as to how the Consumer Financial Protection Bureau plans to determine if discrimination is taking place within indirect auto lending. This week, a bipartisan group of ... [Read More]

FNI Shares 3 Best Practices for Incorporating Auto Finance Add-On Programs

Friday, Nov. 1, 2013, 12:00 AM
Nick Zulovich
RALEIGH, N.C. — FNI Inc. president David Bafumo highlighted three best-practice recommendations for auto finance providers when offering captive or preferred add-on programs. The head of the collateral protection and consumer benefit program product and compliance agency emphasized these tip ... [Read More]

TransUnion: Nearly 70 Percent of Americans Say They Have Little to No Understanding of Credit Scoring

Friday, Nov. 1, 2013, 12:00 AM
Nick Zulovich
CHICAGO — According to a recent study by TransUnion, many Americans do not understand how credit scoring works or that there are many credit scoring models. The project commissioned by TransUnion asked the following question: —On a scale of 1 ... [Read More]

Lease Customer Credit Approvals Continue Slight Decline, Still Considered Healthy

Friday, Nov. 1, 2013, 12:00 AM
Nick Zulovich
CINCINNATI — Swapalease.com recently learned the latest year-to-date credit approval average came in slightly lower in September than in August. Site officials said September's reading settled at 72.7 percent, down slightly from a 74.5-percent approvals rate year-to-date in August. The ... [Read More]

GM Financial Grows Originations & Earnings in Q3

Wednesday, Oct. 30, 2013, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — As the company grew consumer loan originations by $1 billion year-over-year, General Motors Financial posted a $38 million rise in earnings during the third quarter, according to its latest financial statement released this morning. The company ... [Read More]

Leveraging LPR Technology for Loan Underwriting, Not Just Repossessions and Recoveries

Wednesday, Oct. 30, 2013, 12:00 AM
Nick Zulovich
SAN DIEGO — Digital Recognition Network indicated that its license-plate recognition solution determined that more than 55 percent of the assets the company finds are more than 100 miles away from where previous documentation said the vehicle should have been. ... [Read More]

Legal Expert Praises CFPB Website Efficiency

Wednesday, Oct. 30, 2013, 12:00 AM
Nick Zulovich
NEW YORK — Politicians and consumers are voicing their displeasure about all of the trouble with the federal website for the health insurance marketplace created by the Affordable Care Act, better known in today's headlines as Obamacare. But one legal ... [Read More]

CFPB Impact? Not Too Much Yet, for Some Retailers

Wednesday, Oct. 30, 2013, 12:00 AM
Nick Zulovich
CARY, N.C. — There is no denying the sweeping changes throughout all the tentacles of the auto industry stemming from the Consumer Financial Protection Bureau's auto finance-targeted actions. But there are at least some public dealer group that say they ... [Read More]

Lithia Explains Why Its Q3 Subprime Penetration Lagged National Level

Monday, Oct. 28, 2013, 12:00 AM
Nick Zulovich
MEDFORD, Ore. — Lithia Motors attempted to explain why its origination level of financing to subprime customers fell below what company executives cited as the national penetration reading for the third quarter. During its quarterly conference call last week, Lithia ... [Read More]

Fitch Describes September US Auto ABS as Resilient

Monday, Oct. 28, 2013, 12:00 AM
Nick Zulovich
NEW YORK — Fitch Ratings indicated performance of U.S. auto ABS continues to exceed expectations even in a time of the year when performance is weakest. Analysts determined annualized net losses were flat for prime auto loan ABS in September. ... [Read More]

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