Time dwindling to submit public comments about House’s major CFPB reform proposal
Wednesday, Aug. 12, 2026, 11:19 AM
F&I Sentinel, Global Lending Services, CHAMP again among Inc. 5000
Wednesday, Aug. 12, 2026, 11:13 AM
Cox Automotive: Subprime share decreases again in July, as loan terms stay at all-time high
Tuesday, Aug. 11, 2026, 10:16 AM
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
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
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
Senate Confirms Cordray to Stay as CFPB Director
Nick Zulovich
WASHINGTON, D.C. — Richard Cordray is staying as director of the Consumer Financial Protection Bureau, the agency that has been intensifying its regulation of vehicle financing since the spring. The U.S. Senate confirmed Cordray to remain at the position late ... [Read More]
Membership to RISC Compliant Agent Network Now Open
Nick Zulovich
OCALA, Fla. — Along with selecting its outside legal counsel, Recovery Industry Services Co. recently formed the RISC Compliant Agent Network (RISC CAN). RISC highlighted membership is open to any professional collateral recovery agency owner who can meet the stringent ... [Read More]
700Credit Forms Integration Partnership with Constellation Automotive Software
Nick Zulovich
TORRANCE, Calif. — 700Credit, a provider of consumer credit reporting and compliance products to more than 4,000 dealers, recently formed an integration partnership with Constellation Automotive Software. The companies explained this agreement will allow more than 1,500 dealers using Constellation ... [Read More]
3 Segments Highlight Black Book’s Projected Retention Forecast
Nick Zulovich
GAINESVILLE, Ga. — When Black Book Lender Solutions analyzed historical vehicle segment data and developed projected retention levels for the next 12 to 24 months, three specific kinds of units distinguished themselves from the 24 individual categories. Those three segments ... [Read More]
RouteOne Spells Out Stiff Penalties for Non-Compliance Associated with Adverse Action and Risk-Based Pricing
Nick Zulovich
FARMINGTON HILLS, Mich. — While recent bulletins from federal regulators have been associated with F&I elements such as dealer participation, RouteOne reminded principals and managers about the potential consequences for not complying with rules associated with adverse action notices and ... [Read More]
Avis Budget Purchases Payless Car Rental
Nick Zulovich
PARSIPPANY, N.J. — Avis Budget Group has purchased Payless Car Rental in a $50 million cash deal. In announcing the news this morning, Avis indicated that adding North America's sixth largest car-rental company "will give Avis Budget Group a strong ... [Read More]
DealerCentric Unveils Mobile Version of Pre-Approval Solution
Nick Zulovich
MISSION VIEJO, Calif. — Consumer finance management system provider DealerCentric Solutions recently made its online credit application platform optimized for mobile. The company highlighted the tool, "Get Pre-Approved in Seconds" comes at no additional charge for the more than 3,000 ... [Read More]
San Diego-Based Credit Union Buys Vehicle-Buying Service Provider
Nick Zulovich
ALEXANDRIA, Va. — Last week, the National Credit Union Administration announced that Mission Federal Credit Union of San Diego purchased Autoland, a national vehicle-buying service provider. Autoland, founded in 1971, is a credit union service organization (CUSO) based in Chatsworth, ... [Read More]
Senate Debate Intensifies Over CFPB Director Confirmation
Nick Zulovich
WASHINGTON, D.C. — U.S. Senate leadership clashed again Thursday during speeches on the chamber floor about confirmation of the Consumer Financial Protection Bureau's director and six other presidential appointees. The Majority Leader, Sen. Harry Reid, threatened to leverage the voting ... [Read More]
Wolters Kluwer Financial Services Rolls out NIADA Endorsed Fair Lending Training
Nick Zulovich
MINNEAPOLIS — This week, Wolters Kluwer Financial Services launched a new comprehensive fair lending training program targeted to the automotive, recreational vehicle, marine and powersports dealer industry, one that's been endorsed by the National Independent Automobile Dealers Association. Developed as ... [Read More]
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