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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

Senate Continues CFPB Debate as CBA Discusses Agency’s Ties to Auto Lending

Nick Zulovich
WASHINGTON, D.C., and PHOENIX — Both on Capitol Hill and at the Consumer Bankers Association's annual gathering, lawmakers and lenders wanted to know how the Consumer Financial Protection Bureau is going to be led and what regulations are coming. First, ... [Read More]

Top 10 Markets for Pre-Approved Financing Utilization, Units Sold to Deep Subprime Buyers in February

Nick Zulovich
BANDON, Ore. — CNW Research pinpointed not only how many buyers obtained pre-approved vehicle financing and utilized it to purchase a used vehicle last month, but the firm also determined how many units were sold to deep subprime consumers. A ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Dealer Playbook: 5 Takeaways for Auto Retailers Using AI

The May issue of Auto Remarketing — “Shifting Gears: AI’s Role in Retail Automotive” — explores how top auto retailers...
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CAFA’s Responsible Lending Initiative to Debut at BHPH World 2013 Convention

Nick Zulovich
SARASOTA, Fla. — The Leedom Group announced next month's BHPH World 2013 Convention will serve as the platform to launch an initiative and call to action for what's being dubbed, "BHPH Responsible Lending." Organizers highlighted this initiative was developed by ... [Read More]

GrooveCar Direct Launched as Customizable Loan Generation Tool for Credit Union Websites

Nick Zulovich
HAUPPAUGE, N.Y. – GrooveCar ramped up its efforts to help credit unions secure more auto loans with a new program called GrooveCar Direct. The company described GrooveCar Direct as a program that's "made to order" so credit unions can realize ... [Read More]

FNI Outlines 4 Common CFPB Issues & Compliance Bundled GAP Program

Nick Zulovich
RALEIGH, N.C. — FNI Inc. — a collateral protection and consumer benefit program product and compliance agency for auto finance providers — designed what the company believes is the industry's first GAP offering bundled with a vendor and product management ... [Read More]

Ally Closes 2012 with Highest Share of Auto Finance Market, Responds to Stress Test Results

Nick Zulovich
DETROIT — Despite being the only financial institution to fail recent stress tests administered by the Federal Reserve to gauge ability to weather a severe recession, Ally Financial finished 2012 as the market leader for all auto financing, according to ... [Read More]

Car-Mart, CarHop Expand BHPH Store Networks

Nick Zulovich
BENTONVILLE, Ark., and EDINA, Minn. — Buy-here, pay-here dealership chains America's Car-Mart and CarHop recently made a series of additions to their store networks. By bringing on the 121st dealership into its portfolio, Car-Mart expanded its footprint in Missouri by ... [Read More]

van Wagenen Financial Services Forms 2 Partnerships to Boost Servicing and More

Nick Zulovich
MINNEAPOLIS — van Wagenen Financial Services recently formed a pair of alliances to enhance its loan servicing software with insurance tracking and placement services. First, van Wagenen formed a strategic marketing agreement with Nortridge Software, a Lake Forest, Calif.-based company ... [Read More]

Top 10 States for Lowest, Highest APR in February

Nick Zulovich
SANTA MONICA, Calif. — Based on data Edmunds.com gave SubPrime Auto Finance News, there was a 363 basis point differential between the state with the highest average APR and lowest for all transactions by franchised dealers reported to the site ... [Read More]

RouteOne Unveils Enhancements for Windows Phone App

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne rolled out additional enhancements to its free app for Windows Phone this week. The new enhancements include the ability to forward "sent" applications to a new finance source, securely text message with supporting finance sources, ... [Read More]

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