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
Execs from Exeter Finance and American Honda Finance Elected to AFSA Leadership Roles
Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association recently announced two experienced, well-known executives were elected to join its board of directors. The new board members are Mark Floyd, vice chairman and chief executive officer of Exeter Finance Corp.; and ... [Read More]
MarkOne Holdings Unveils Expansion into Western US
Nick Zulovich
JACKSONVILLE, Fla. — Along with bolstering its executive team, MarkOne Holdings, a national automotive finance holding company already operating through regional subsidiaries serving the East Coast and the Midwest, broadened its scope this week so it can conduct lending operations ... [Read More]
CFPB Study Stresses Credit Scores Used by Consumers and Lenders Can Differ
Nick Zulovich
ST. LOUIS and WASHINGTON, D.C. — As the agency's new Consumer Advisory Board met for the first time, the Consumer Financial Protection Bureau declared its latest study shows discrepancies between the credit scores sold to creditors, lenders and finance companies ... [Read More]
AutoUSA Offers Dealers Free White Paper Covering Pre-Qualified Payment Options & Marketing
Nick Zulovich
FORT LAUDERDALE, Fla. — Offering its take on what is most important to consumers in the car-buying process, AutoUSA Internet Sales Solutions revealed Monday the availability of a free white paper for dealers. The report, titled, "Pre-Qualified Payment Marketing: Converting ... [Read More]
Credit Acceptance Completes $252.0 Million Asset-Backed Financing
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently completed a $252.0 million asset-backed non-recourse secured financing. Pursuant to this transaction, the company said it contributed loans having a net book value of approximately $315.1 million to a wholly-owned special purpose entity ... [Read More]
First Investors to Merge with Private Equity Firm
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 HOUSTON — Coming off of record-setting performances in the subprime auto lending space during its last two fiscal years, First Investors Financial Services Group announced this morning that it has entered ... [Read More]
Latest FICO Research Examines Impact of Student Loan Debt
Nick Zulovich
MINNEAPOLIS — With student loan debt climbing by significant rates, are potential buyers who arrive in the showroom with high education repayment obligations going to have problems getting a vehicle loan? FICO examined the issue because officials said more lenders ... [Read More]
J.D. Byrider Bolsters Franchising Team
Nick Zulovich
INDIANAPOLIS — Buy-here, pay-here dealership chain J.D. Byrider recently announced a promotion and the addition of three new team members to support the company's franchise growth and development. Promoted to the position of director of franchise development is Jack Humbert, ... [Read More]
Ally Financial Survey Measures Dealers’ Increase in Charitable Giving
Nick Zulovich
DETROIT — A recent survey by Ally Financial showed dealers continued to be a "pillar of strength" in their communities, particularly when it comes to charitable giving. Survey data indicated nearly two-thirds of U.S. dealers increased their charitable contributions this ... [Read More]
Exeter Finance Completes $300 Million Securitization
Nick Zulovich
IRVING, Texas — Specialty auto finance company Exeter Finance Corp. announced the completion of its second rated term securitization late last week, issuing $300 million in notes backed by subprime auto installment receivables. The company indicated the notes were purchased ... [Read More]
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