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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

SubPrime Forum and Re3 Conference Get Set to Kick Off

Nick Zulovich
SAN DIEGO — The moment is finally about to arrive. The newest addition to Used Car Week starts on Tuesday as the SubPrime Forum begins with a day filled with the latest trends and industry dialogue about vehicle financing to ... [Read More]

Primeritus Celebrates Agency Partnerships

Nick Zulovich
NASHVILLE, Tenn. —  Primeritus Financial Services held its first-ever Agent Partner Event for its national agency partners on Oct. 24-25 in Nashville, Tenn., home to the company's corporate offices. More than 100 agents joined the Primeritus management team and staff ... [Read More]

CarMark Certified Selects NAC to Administer CPO Program

Nick Zulovich
CARY, N.C. and WESTERVILLE, Ohio — CarMark Certified, a warranty program that provides CPO warranties to all vehicle brands, based in Cary, N.C., will be administered nationally by NAC (National Auto Care) of Westerville, Ohio, beginning Jan. 1. The partnership ... [Read More]

GM Financial Keeps Parent OEM at Top of Subprime Volume Charts

Nick Zulovich
FORT WORTH, Texas — General Motors Financial is continuing to generate more subprime paper for its parent automaker, keeping the domestic OEM above the industry average during the third quarter. President and chief executive officer Dan Berce indicated the industry ... [Read More]

Revamped Equifax Risk Score Tool Aims to Help Lenders Minimize Bankruptcy Losses

Nick Zulovich
ATLANTA — This week, Equifax launched its fourth generation Bankruptcy Navigator Index (BNI) score, what credit bureau officials contend is their most comprehensive and predictive bankruptcy risk score ever. With BNI 4.0, Equifax highlighted lenders can make more confident risk ... [Read More]

4 Tips Dealers Can Use to Improve Trade-In Experience for Consumers

Nick Zulovich
ATLANTA — Because hammering out an agreeable trade-in value creates negative feelings for potential buyers, AutoTrader.com offered four tips to help dealers ease the pain of the trade-in and increase customer satisfaction. Site officials wanted to create a strategy for ... [Read More]

Louisiana Dealer Services Implements StoneEagle’s VPay to Streamline Claims Payment Process

Nick Zulovich
DALLAS — Louisiana Dealer Services recently implemented VPay, a solution from StoneEagle, which is a provider of Web-based applications and end-to-end insurance administration systems. VPay is designed to provide a more efficient method of paying mechanical breakdown insurance claims to ... [Read More]

Ally Sees Possible Consequences from CFPB Inquiries

Nick Zulovich
NEW YORK and WASHINGTON, D.C. — As Ally Financial reported its third-quarter performance and indicated the Consumer Financial Protection Bureau believes the financial company "failed" to fulfill obligations regarding possible discrimination, a top CFPB official restated the bureau's position on ... [Read More]

October Bankruptcy Filings Climb 11 Percent Month-Over-Month

Nick Zulovich
ALEXANDRIA, Va. — In a development called an "aberration," the American Bankruptcy Institute said total U.S. bankruptcy filings for October increased 11 percent compared to September. According to data provided by Epiq Systems, October bankruptcy filings totaled 89,875, up from ... [Read More]

Recovery Database Network Partners with RISC to Identify Compliant Service Providers

Nick Zulovich
REDWOOD CITY, Calif. — Extending its efforts to help automotive lenders efficiently select agents for asset recovery, Recovery Database Network announced that members of the Recovery Industry Services Company (RISC) Compliant Agent Network (CAN) will be identified within RDN's recovery ... [Read More]

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