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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

NABD: Just 5 Days Left to Secure Early Bird Discounts for Academy & Conference

Nick Zulovich
LAS VEGAS — Only five days remain for dealers to obtain discounted registration and accommodations for next month's Dealer Academy and National Conference orchestrated by the National Alliance of Buy-Here, Pay-Here Dealers. NABD founder and event organizer Ken Shilson said ... [Read More]

Flagship Credit Acceptance Completes Asset-Backed Securitization, Adds West Coast Office

Nick Zulovich
CHADDS FORD, Pa. — Among a host of other developments, indirect auto finance company Flagship Credit Acceptance completed an asset-backed securitization of $222 million of notes in a transaction that closed last week. Flagship highlighted that the notes were issued ... [Read More]

AWARE Looks to Dispel Common Vehicle Financing Myths

Nick Zulovich
WASHINGTON, D.C. — As Financial Literacy Month continues, Americans Well-informed on Automobile Retailing Economics wanted to clear up some common vehicle financing misconceptions. Officials from the educational coalition explained that common vehicle financing myths can knock car shoppers off course. ... [Read More]

Capital One Posts Q1 Increase in Auto Originations

Nick Zulovich
McLEAN, Va. — Capital One Auto Finance posted a sequential gain in originations during the first quarter, pushing its total vehicle financing portfolio up by 3 percent. The company reported Q1 originations of $3.78 billion, up from $3.48 billion in ... [Read More]

CU Direct Connect Watches Funding Volume & Shareholder Equity Grow in Q1

Nick Zulovich
CENTENNIAL, Colo. — CU Direct Connect — a credit union service organization that provides a vehicle lending platform and origination funding support to credit unions and dealerships in Colorado — generated double-digit growth in a number of metrics during the ... [Read More]

Automotive Compliance Consultants Joins AFSA

Nick Zulovich
CRYSTAL LAKE, Ill. — Automotive Compliance Consultants recently joined American Financial Services Association in response to moves made by the Consumer Financial Protection Bureau. Automotive Compliance Consultants chief executive officer Terry Dortch explained the firm joined AFSA to engage with ... [Read More]

Ally Financial Partners with the Federal Reserve Bank of Chicago for Money Smart Week

Nick Zulovich
DETROIT — Consumers in Detroit and Atlanta will have an opportunity to boost their money smarts this month with the return of Money Smart Week. Ally Financial is hosting 14 financial literacy sessions in Detroit and four sessions in Atlanta ... [Read More]

Enhanced Workforce Propels CPS to Strong Q1

Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services pointed to the human capital the subprime lender added to ramp up its workforce going into the first quarter as part of the reason for a "good start to the year." This week, CPS ... [Read More]

Upcoming POADA Market Intelligence Webinar to Feature 700Credit on Compliance

Nick Zulovich
CARY, N.C. — The next free Market Intelligence Webinar from POADA is focusing on a top-of-mind subject for dealers nowadays: compliance. POADA is hosting 700Credit — a leading provider of credit reporting and compliance products and services — for this ... [Read More]

Reynolds and PAA Launch LAW Pennsylvania F&I Library of Forms

Nick Zulovich
DAYTON, Ohio — Reynolds and Reynolds on Thursday announced the launch of the LAW Pennsylvania F&I Library, which offers Keystone State dealers a comprehensive catalog of standardized, legally reviewed finance and insurance documents. Officials highlighted the LAW Pennsylvania F&I Library ... [Read More]

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