Auto Finance News

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

CPS Announces $185 Million Senior Subordinate Asset-Backed Securitization

Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services recently closed its first term securitization of 2013. The transaction is CPS' eighth senior subordinate securitization since 2011. In the transaction, the company explained qualified institutional buyers purchased $185 million of asset-backed notes secured ... [Read More]

What CFPB Bulletin Might Mean for Dealer Reserve and More

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE Normal 0 false false false EN-US X-NONE X-NONE WASHINGTON, D.C. — Legal experts and industry associations weighed in as the Consumer Financial Protection Bureau released a bulletin Thursday that targeted dealer reserve ... [Read More]

AFSA, CBA, NAFCU Unsettled Over Bureau’s Auto Finance Bulletin

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE WASHINGTON, D.C. — As dealer associations reacted swiftly to the Consumer Financial Protection Bureau's latest position on auto financing, organizations representing banking and financial institutions as well as credit unions all saw ... [Read More]

AutoStar Chooses NCM 20 Groups for New BHPH Dealer Network

Nick Zulovich
OVERLAND PARK, Kan. — NCM Associates announced Thursday it is working collaboratively with automotive dealership technology provider AutoStar Solutions to form exclusive AutoStar 20 Groups for its buy-here, pay-here management software users. To kick off the effort, NCM will host ... [Read More]

CU Direct, First Associates Partner for Loan Servicing Solution

Nick Zulovich
ONTARIO, Calif. — CU Direct recently signed a new partnership agreement with First Associates Loan Servicing for what officials called "a best in class" loan servicing solution for credit unions. As a result of the partnership, the companies highlighted the ... [Read More]

S&P/Experian: February Auto Loan Default Rates Edge Slightly Higher, Still Below Year-Ago Levels

Nick Zulovich
NEW YORK — Auto loan default rates moved up marginally in February compared to the previous month, but readings according to S&P Dow Jones Indices and Experian still fell below year-ago levels. The February auto loan default rate came in ... [Read More]

Senate Committee Votes to Approve Cordray Confirmation but Party-Line Division Remains

Nick Zulovich
WASHINGTON, D.C. — Confirmation to keep the director of the Consumer Financial Protection Bureau at his post took a step forward Tuesday by a narrow margin. Along the way, opposition reiterated its stance to how the regulatory agency is organized. ... [Read More]

Westlake and Primeritus Announce Partnership

Nick Zulovich
LOS ANGELES — Westlake Financial Services and Primeritus Financial Services formed a collaborative partnership on Tuesday. Officials highlighted that Primeritus will leverage its recovery management and skip-tracing services to assist Westlake with skip-to-locate services for the finance company's post charge-off ... [Read More]

New Hudson Cook Partner to Establish Oklahoma City Office

Nick Zulovich
HANOVER Md. — Hudson Cook recently added a new partner to establish the firm's new office in Oklahoma City. Joining the provider of legal compliance services is Eric Johnson, who firm leadership said will focus his practice on federal and ... [Read More]

New Endorsement in Florida Keeps VINtek’s Growth Momentum Going

Nick Zulovich
PHILADELPHIA — As the company recently received an endorsement from the Florida Bankers Association, VINtek reported a 28-percent increase in new customer signings in 2012 for its collateral management services, electronic lien and title services and direct finance processing for ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X