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SPONSORED EPISODE: Allied Solutions explains why origination is episodic, but servicing is continuous
John Elias, sales specialist in auto finance business development for Allied Solutions, is back as the guest for another sponsored episode of the Auto Remarketing Podcast. Elias explains why current market conditions, affordability pressures and changing vehicle values are combining ... Listen Here
Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
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

Xcelerate Auto partners with Service Payment Plan to launch interest-free payment plan for EV warranties

SubPrime Auto Finance News Staff
Xcelerate Auto, a Texas-based provider of electric vehicle leasing, financing and warranty solutions, recently introduced a new payment option for its XCare EV Protection plan. Through an exclusive partnership with Service Payment Plan (SPP), Xcelerate now can enable customers to ... [Read More]

CFPB examines carveouts in state data privacy laws for financial institutions

data privacy
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau recently released a report examining federal and state-level privacy protections for consumers’ financial data. The regulator said its report noted that protections under federal regulations for financial data have limits. Yet, officials pointed out many ... [Read More]

Cox Automotive sells off another F&I tool as Vitu to acquire Dealertrack’s titling division

merger and acquisition image_21
SubPrime Auto Finance News Staff
Cox Automotive began the year by selling its product cancellation and refund tool to F&I Sentinel. Then on Monday, Vitu, an innovator in vehicle-to-government (V2Gov) technology, announced it has entered into a definitive agreement to acquire the Dealertrack registration and ... [Read More]

Top 3 findings of Near- and Non-Prime Consumer Brief from Open Lending

SubPrime Auto Finance News Staff
On Thursday, Open Lending Corp. released a Near- and Non-Prime Consumer Brief, the latest installment in its quarterly series of data reports on vehicle registrations. Despite continued challenges in the vehicle market, the report highlighted new-vehicle registrations have risen and ... [Read More]

Revamped JD Power Consumer Financing Satisfaction Study focuses on ‘financially vulnerable’

SubPrime Auto Finance News Staff
Beyond the rankings of finance companies for how they met consumer expectations, a focal point of the J.D. Power 2024 U.S. Consumer Financing Satisfaction Study was what analysts classified as “financially vulnerable.” J.D. Power measures the financial health of any ... [Read More]

More insight from Equifax & TransUnion about Q3 delinquency

SubPrime Auto Finance News Staff
Both Equifax and TransUnion discussed delinquency in auto finance this week, with one of the credit bureaus highlighting the rate associated with subprime used-car paper booked less than a year ago. TransUnion indicated that serious consumer-level delinquency rates — contracts ... [Read More]

First 2 recipients of donations from new Endurance Cares program

Origence
SubPrime Auto Finance News Staff
Endurance on Tuesday announced the launch of its social impact initiative, Endurance Cares, with two donations totaling $20,000. The provider of auto protection plans in the U.S. said these contributions are part of Endurance Cares’ mission to foster community growth ... [Read More]

Credit availability eases again in October

SubPrime Auto Finance News Staff
The Dealertrack Credit Availability Index in October posted the largest month-over-month increase in auto credit access since March 2022. Cox Automotive reported this week that the index reading came in at 94.5 in October, up 2.2% from the September reading ... [Read More]

TransUnion: LTVs above 120% for used cars have doubled in past 3 years

SubPrime Auto Finance News Staff
Along with taking an overall look at monthly payments and delinquency, the auto portion of the Q3 2024 Quarterly Credit Industry Insights Report (CIIR) from TransUnion detailed a metric that might illustrate the callbacks, dialogue and negotiations that dealerships and ... [Read More]

FTC’s Holyoak discusses debt collection when recapping regulator’s activities to reduce fraud

SubPrime Auto Finance News Staff
Commissioner Melissa Holyoak represented the Federal Trade Commission last week at the Freedom from Fraud event presented to Utah’s Pacific-Islander community. After sharing what she called “sobering statistics,” Holyoak delved into multiple ways the FTC tries to curb fraud, drilling ... [Read More]

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