Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
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

CPS Announces $205 Million Senior Subordinate Asset-Backed Securitization

Nick Zulovich
IRVINE, Calif. — Earlier this week, Consumer Portfolio Services marked the closing of its third term securitization of the year. The transaction is CPS' 10th senior subordinate securitization since the beginning of 2011. In the transaction, qualified institutional buyers purchased ... [Read More]

Number of Subprime Buyers in Used Market Dips Modestly

Nick Zulovich
BANDON, Ore. — In the midst of a used-car market that grew about 4 percent year-over-year and reached 3.65 million sales, September showed slightly less subprime buyers, but a greater proportion of vehicles that were financed, according to the latest ... [Read More]

AFS Acceptance Promotes Seagrave to President

Nick Zulovich
FORT LAUDERDALE, Fla. — In just two years, Scot Seagrave has navigated his way to be president of AFS Acceptance. The company promoted Seagrave — one of the speakers at the inaugural SubPrime Forum next month — citing his effectiveness ... [Read More]

Equifax: Auto Loan Balances at Highest Level in More Than 5 Years

Nick Zulovich
ATLANTA — According to Equifax's latest National Consumer Credit Trends Report, the total outstanding balances on auto and credit card loans increased year-over-year in August. Analysts contend the total balance of existing auto loans is at its highest level in ... [Read More]

S&P Examines Subprime ABS Trends to Close Year as Credit Quality Softens

Nick Zulovich
NEW YORK — After a nearly two-year hiatus following the credit crisis that began in late 2007, Standard & Poor's Ratings Services insisted the issuance of subprime auto loan asset-backed securities has rebounded significantly. In their latest report, analysts highlighted ... [Read More]

FEX Announces Integration with RouteOne

Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently completed integration with RouteOne to allow independent dealers that use the Web-based financial services and technology provider to submit applications to all RouteOne lenders with whom they have an existing relationship. The ... [Read More]

AFSA Highlights Board of Director Elections, Newest Members

Nick Zulovich
WASHINGTON, D.C. — Along with five new members, five financial services executives have been elected to the board of directors of the American Financial Services Association. The new board members are: —Angela Chattin, president of CarMax Auto Finance —James Cho, ... [Read More]

J.D. Byrider Continues to Boost BHPH Presence in Midwest

Nick Zulovich
NORTH KANSAS CITY, Mo. — About two weeks after rolling out a franchisee in Green Bay, Wisc., J.D. Byrider announced this morning that the newest dealership in its buy-here, pay-here network began to retail vehicles in the Kansas City area. ... [Read More]

Fitch: As Subprime Stays Stable, Prime Auto ABS Exhibiting Less Volatility Than in Prior Years

Nick Zulovich
NEW YORK — Fitch Ratings reported this week that prime annualized net losses crept up 3 percent in August above July's level, showing much less of an increase during this historically weaker period. Further, analysts highlighted that used-vehicle values were ... [Read More]

Illegal Use of Text Messages in Collections Triggers $1 Million Penalty from FTC

Nick Zulovich
NEW ORLEANS and WASHINGTON, D.C. — Panel discussions about collections at events hosted by the National Alliance of Buy-Here, Pay-Here Dealers sometimes stir the most attention from conference goers. This week's enforcement action revealed by the Federal Trade Commission regarding ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X