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
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]
3 Factors Help to Push February Bankruptcy Filings Lower Year-Over-Year
Nick Zulovich
ALEXANDRIA, Va. — Stemming from what observers noted as three post-recession factors sparking the declines, the American Bankruptcy Institute said total U.S. bankruptcy filings decreased 21 percent in February compared to the same month last year. According to data provided ... [Read More]
Senate Committee to Hold CFPB Director Confirmation Hearing Next Week
Nick Zulovich
WASHINGTON, D.C. — As the agency's investigations within the auto lending space deepen, the ongoing clash about whether Richard Cordray will remain director of the Consumer Financial Protection Bureau will continue next week. The U.S. Senate Committee on Banking, Housing ... [Read More]
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