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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

Ford Motor Credit Outlines Factors for Full-Year Profit, Net Income Dips

Nick Zulovich
DEARBORN, Mich. — Ford Motor Credit explained why its pre-tax profit of $1.7 billion in 2012 dropped from $2.4 billion a year earlier. The company said when releasing its fourth-quarter and full-year financial report on Tuesday that the decrease in ... [Read More]

GLS Unveils Marketing Partnership with Dr. J Enterprises

Nick Zulovich
ATLANTA — Global Lender Services entered into a marketing agreement this week with one of the best professional basketball players ever, Julius Erving. To promote the GLS brand as well as its subprime auto finance products and services, this partnership ... [Read More]

RDN: Recoveries Close 2012 on Downward Path

Nick Zulovich
REDWOOD CITY, Calif. — After climbing for two months in a row, the latest RDN Monthly Analytics Update indicated December recovery volumes decreased 1 percentage point from the November level, leaving 2012 closing on a trend of consecutive month-over-month dips. ... [Read More]

Fitch: Seasonal Patterns Spark December Auto ABS Losses

Nick Zulovich
NEW YORK — Fitch Ratings' latest index results indicated seasonal patterns drove losses on both U.S. prime and subprime auto loan ABS higher last month. Despite this trend, Fitch expects prime asset performance to remain strong in 2013. However, losses ... [Read More]

Appeals Court Ruling Potentially Clouds CFPB Impact

Nick Zulovich
WASHINGTON, D.C. — Could a decision late last week by the U.S. Circuit Court of Appeals for the D.C. Circuit eventually nullify the moves by the Consumer Financial Protection Bureau since Richard Cordray became director? A former top legal counsel ... [Read More]

First Investors Completes $187M Asset-Backed Financing

Nick Zulovich
HOUSTON — First Investors Financial Services announced late last week that it has completed the issuance of $187 million in term asset-backed notes in a private placement transaction. The notes were issued by a wholly-owned subsidiary of the company through ... [Read More]

AASC Plans Industry Memorial Service for Meadows

Nick Zulovich
ATLANTA — An industry memorial service is on tap next month in honor of Auto Auction Services Corp. president and chief executive officer Don Meadows, who died on Dec. 10. The event will take place at the Westin Atlanta Perimeter ... [Read More]

This Year’s Auto Refinancing Level Projected to Top 2012’s Figure of 12.6 Percent

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE BANDON, Ore. — CNW Research spotted another upbeat element about the lending landscape for this year: another rise in the number of automotive finance contracts that will be refinanced. The firm determined ... [Read More]

While Lenders Gather Again to Talk Compliance, President Obama Wants Cordray to Stay Atop CFPB

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE HANOVER, Md., and WASHINGTON, D.C. — As auto finance companies continue to watch for new rules and regulations orchestrated and enforced by the Consumer Financial Protection Bureau, at least they know President ... [Read More]

Preferred Warranties Website Overhaul Draws Enthusiastic Response From Dealers

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE ORWIGSBURG, Pa. — Preferred Warranties, a provider of extended service contracts for pre-owned vehicles, highlighted how well received its new website has been by dealers since the company launched it earlier this ... [Read More]

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