CARY, N.C. — Some of the repossession and recovery industries' top executives will offer their insights and best practices for the industry during the brand-new, half-day Re3 Conference, which will take place Nov. 16 in Las Vegas. The Re3 Conference ... [Read More]

CINCINNATI — Security National Automotive Acceptance Corp. announced this week it closed on the sale of the company and its TriStar insurance affiliates to a group of private investors. The existing senior management team, headed by president and chief executive ... [Read More]

FORT WORTH, Texas — General Motors Financial revealed Wednesday the pricing of a $900 million offering of automobile receivables-backed securities. The weighted average coupon on the notes to be paid by GM Financial is 2.9 percent. Moreover, the 2011-5 transaction ... [Read More]

CHICAGO — Buy-here, pay-here dealership chain CarHop revealed Wednesday that Chicago-area car shoppers will have another dealership to choose from. The company opened its fourth Chicago-area store yesterday, located at 6039 North Western Avenue; an area which the company asserts ... [Read More]

McLEAN, Va. — Despite mixed overall net income results, Capital One Financial Corp. watched its auto finance activity strengthen during the third quarter. Capital One determined its auto finance originations came in at $3.4 billion, up 17 percent from the ... [Read More]

BROOKFIELD, Wis. — As more and more consumers turn to social media in their daily lives, Fiserv believes financial institutions need to be leveraging this platform. The company recently shared some insights into how organizations can add social media to their marketing ... [Read More]

GAINESVILLE, Ga. — Predicting the rate at which a used-model depreciates, or the collateral risk on an auto loan, can be a very difficult task. So how can lenders assess loss severity potential for their portfolios? Black Book believes it has ... [Read More]

WASHINGTON, D.C. — The Consumer Financial Protection Bureau recently released the CFPB Supervision and Examination Manual — a guide for examiners to use in overseeing companies that provide consumer financial products and services such as auto loans. CFPB's manual is geared ... [Read More]

PHOENIX — Buy-here, pay-here dealership chain Drive Time revealed this week it has chosen Inilex as its supplier of GPS-based vehicle tracking and recovery solutions. Speaking on the recent news Drive Time managing director John Gersitz said, “We look forward ... [Read More]

NEW YORK — The S&P/Experian Consumer Credit Default Indices all climbed based on data through September, except one category — auto loans. The auto loan default reading actually dipped from 1.31 percent in August to 1.29 percent in September, S&P ... [Read More]