BANDON, Ore. — According to the latest data from CNW Research, all credit application categories posted significant increases in December versus a year ago — especially subprime. In fact, subprime made the largest jump of the three categories CNW listed, ... [Read More]

ALEXANDRIA, Va. — The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) made the bankruptcy system cumbersome and costlier to use for both debtors and bankruptcy professionals, according to a recent study funded by the American Bankruptcy Institute ... [Read More]

LOS ANGELES — Mixing work with help this holiday season, Westlake Financial Services and its volunteering division P.A.L.S. (People Affecting Lives through Service), together built 20 bicycles to donate to children from the Boys & Girls Club of East Los ... [Read More]

IRVINE, Calif. —Consumer Portfolio Services revealed Wednesday the closing of its third term securitization in 2011. The transaction is CPS's fourth senior subordinate securitization since 1993.  "In the transaction, qualified institutional buyers purchased $119.4 million of asset-backed notes secured by ... [Read More]

CHICAGO — TransUnion analysts credited shrewd decisions by dealers and lenders for pushing their 2012 auto loan delinquency projections higher than readings expected as this year closes. TransUnion indicated this week that the ratio of borrowers 60 or more days ... [Read More]

WOODCLIFF LAKE, N.J. — In preparation for the 2012 London Olympic games, BMW Financial customers can now log into the company’s My BMW website to enter the running for a grand prize trip to these games, including airfare and other ... [Read More]

LAKE SUCCESS, N.Y. — DealerTrack is hosting the second of a free two-part Webinar series designed to highlight the most critical compliance issues dealerships face today. DealerTrack compliance counsel Randy Henrick is set to be part of the session scheduled ... [Read More]

HANOVER, Md. — Hudson Cook LLP recently announced the addition of three attorneys and the opening of the firm’s New England offices.  Joining the firm is Lori Desjardins, Thomas Quinn Jr. and Ryan Stinneford — all formerly with Pierce Atwood ... [Read More]

SCHAUMBURG, Ill. — Already utilized by dealers, Experian Automotive on Tuesday launched AutoCheck Mobile for Consumer. Available through both Android and iPhone devices, Experian highlighted the new application can provide used-vehicle buyers with access to AutoCheck vehicle history reports. Officials ... [Read More]

WESTERVILLE, Ohio — This week, vehicle service contract provider NAC announced an expansion of its online technology platform to now include a new 24-hour online claims submission service. Designed to address the efficiency gaps and time-of-day restrictions vehicle dealership service ... [Read More]