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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

Fitch: Subprime ABS Performance Holding Steady

Nick Zulovich
NEW YORK — Fitch Ratings indicated the subprime sector of the auto asset-backed securities market exhibited a stable performance this past month. Analysts arrived at that assessment today because August 60-day delinquencies rose only 2 percent month-over-month, climbing to 3.24 ... [Read More]

NAF Association Looking to Modify Annual Survey to Better Serve Industry

Nick Zulovich
HANOVER, Md. — Jack Tracey remembers when the National Automotive Finance Association's annual survey was the only barometer to measure how the non-prime segment of the industry was behaving. Now 16 years later, Tracey and the NAF Association are gearing ... [Read More]

Nissan & Infiniti Dealers Have New Lease Return Technology at Their Disposal

Nick Zulovich
FRANKLIN, Tenn. — Lease returns just got easier for Nissan and Infiniti customers. And dealers may be able to take advantage of more potential customers coming in to purchase a new ride after cashing their lease in. The two Japanese ... [Read More]

VINtek Forges Alliance to Benefit Credit Unions in Alabama and Florida

Nick Zulovich
PHILADELPHIA — Along with naming its new executive vice president of technology and strategic planning, VINtek recently revealed it's now the exclusive electronic lien and title partner of LEVERAGE, the service corporation for the League of Southeastern Credit Unions, the ... [Read More]

Auto Loans Make up Only Small Part of CFPB’s Complaint Total

Nick Zulovich
WASHINGTON, D.C. — Officials from the Consumer Financial Protection Bureau acknowledged the pace of consumer complaints they've received has been increasing throughout the year. However, the majority of those consumer issues do not appear to be associated with auto loans. ... [Read More]

Expert Re3 Conference Panel Set to Recap 2012 and Look Ahead

Nick Zulovich
CARY, N.C. — One of the many highlights of the second-ever Re3 Conference not only is designed to recap how this year is playing out in the repossession, recovery and remarketing industries, but also to project how 2013 might unfold. ... [Read More]

Comerica: Auto Affordability Improves In Second Quarter

Nick Zulovich
DALLAS — Comerica Bank's Auto Affordability Index showed the purchase and financing of an average-priced new vehicle took a little less of median family income during the second quarter. Analysts placed the Q2 level at 22.9 weeks as Comerica indicated ... [Read More]

CU Direct’s Board Welcomes New Director, Associate Director

Nick Zulovich
ONTARIO, Calif. — CU Direct Corp., provider of lending solutions to credit unions through its CUDL, Lending Insights, Lending 360, CUDL Retail and Vero brands, added a new associate director and director to its board of directors. Appointed as a ... [Read More]

Ally Financial Introduces Ally Balloon Advantage in 2 States

Nick Zulovich
DETROIT — Ally Financial is launching Ally Balloon Advantage in New York and California this week as part of its broad set of financing options for dealers to turn both new and used models. The company plans to make the ... [Read More]

Experian Describes Leasing Activity as ‘Very Stable’

Nick Zulovich
SCHAUMBURG, Ill. — Experian Automotive discovered that new-vehicle leasing continued on a steady pace during the second quarter, coming in with a level similar to what the industry has generated outside of the worst point of the recent recession. Analysts ... [Read More]

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