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Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
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

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]

RISC and iRepo Partner for Key Code Procurement for Ally Financial Vendors

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE OCALA, Fla., and PHOENIX — Recovery Industry Services Co. and MBSi Capital Corp. recently announced they joined forces to become the sole provider of vehicle key codes within the iRepo Assignment Management ... [Read More]

vAuto Hosting Free Webinar on Finding ‘Right’ Vehicles for the ‘Right’ Price

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE OAK BROOK, Ill. — Dale Pollak and Todd Kinzle from vAuto are hosting a free webinar for used-car managers and other dealer executives aimed at helping to ease the challenge of purchasing ... [Read More]

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