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Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here

TransUnion, Carfax Create Scoring Tool to Predict Future Delinquency

Nick Zulovich
CHICAGO — TransUnion developed what it called an innovative risk assessment model designed to help auto lenders evaluate the potential for future loan delinquency based on the history of the vehicle used as collateral. Officials highlighted that they developed the ... [Read More]

AIADA: Is Your F&I Department Under Attack?

Nick Zulovich
ALEXANDRIA, Va. — While there is a lot of talk in the media these days about America's economic recovery, the truth is that most Americans are experiencing a recovery that is tepid, at best. Many of us are still struggling ... [Read More]

RDN: Recovery Trends Soften in April

Nick Zulovich
REDWOOD CITY, Calif. — Most of the metrics included in the latest RDN Monthly Analytics Update indicated downward movement in April. Analysts said April recovery volumes dropped 2 percentage points versus the March level. However, the April reading came in ... [Read More]

‘Truck Country’ Dominates Top 10 Markets for Highest Monthly Payments

Nick Zulovich
SANTA MONICA, Calif. — Nearly half of the markets represented among the Top 10 for the highest monthly auto loan payment for a new model in April are located in the same state, according to Edmunds.com. And popular vehicles sold ... [Read More]

Experian: Deep Subprime Loans, 30- and 60-Day Delinquencies & Repossessions All Climb in Q1

Nick Zulovich
SCHAUMBURG, Ill. — Loans to deep subprime buyers jumped in the first quarter. So did 30-day and 60-day delinquencies as well as repossessions. The latest State of Automotive Finance report from Experian Automotive showed that 30-day auto loan delinquencies rose ... [Read More]

NABD Offering Day Passes for Dealer Academy & National Conference

Nick Zulovich
LAS VEGAS — The National Alliance of Buy-Here, Pay-Here Dealers is still giving operators the chance to attend at least part of its upcoming Dealer Academy and National Conference. NABD is offering day passes for the events that begin Sunday ... [Read More]

DriveItNow Highlights New Shop-By-Payment Technology

Nick Zulovich
CINCINNATI — DriveItNow, a provider of online monthly payment marketing technology, described its new patent-pending Shop-By-Payment service as one aimed at "totally changing" the way consumers shop for vehicles on the Internet. How? DriveItNow says its new Shop-By-Payment service flips ... [Read More]

AFSA White Paper Examines Foreign Language Requirements

Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association's state government affairs committee recently published a white paper on foreign language requirements for consumer contracts. The paper highlights three states — California, Nevada and New Mexico — that have gone farther ... [Read More]

Exeter Finance Completes $400M Securitization

Nick Zulovich
IRVING, Texas — Specialty auto finance company Exeter Finance Corp., announced the completion of its third rated term securitization late last week, issuing $400 million in notes backed by subprime automobile installment receivables. The company explained the notes were purchased ... [Read More]

Dealertrack Readies Solutions to Handle Changing Regulatory & Retail Worlds

Nick Zulovich
LAKE SUCCESS, N.Y. — Dealertrack Technologies chairman and chief executive officer Mark O'Neil emphasized that the more governmental regulations dealers face, the more valuable the company's suite of solutions are. Along with highlighting store appeal for its inventory management system ... [Read More]

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