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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
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

Huntington Bancshares Declares Quarterly Cash Dividend

Nick Zulovich
COLUMBUS, Ohio — Huntington Bancshares announced late last week that it has declared a quarterly cash dividend on its Floating Rate Series B Non-Cumulative Perpetual Preferred Stock. The dividend is $1.5469 per share. Officials also noted that the dividend is ... [Read More]

Auto Financing Panel Discussions Highlight Consumer Bankers Association’s Upcoming Event

Nick Zulovich
ARLINGTON, Va. — With panels about how buyers obtain vehicle financing, the Consumer Financial Protection Bureau and more, the Consumer Bankers Association is packing several discussions into a three-day event. Officials from the National Automobile Dealers Association, the American Financial ... [Read More]

Valley First Credit Union Switches to VINtek ELT Services

Nick Zulovich
PHILADELPHIA — VINtek recently highlighted Valley First Credit Union selected the company as its technology provider to better manage members' vehicle titles. Valley First Credit Union is based in Modesto, Calif., and serves nearly 53,000 members through eight locations in California. ... [Read More]

ABA Finds Direct Auto Loan Delinquencies Extend Unprecedented String of Low Levels

Nick Zulovich
WASHINGTON, D.C. — Direct auto loan delinquency levels continued on an unprecedented stretch of low readings during the third quarter, according to the American Bankers Association's Consumer Credit Delinquency Bulletin. The auto loan category dropped below its previous low-water mark ... [Read More]

AFSA Vehicle Finance Conference: Time is Running Out for Discounted Bellagio Rate

Nick Zulovich
LAS VEGAS — Those planning to head to the American Financial Services Association’s 16th Annual Vehicle Finance Conference and Exposition might want to make hotel reservations this weekend, at the latest. AFSA reminded attendees this week that the Las Vegas Bellagio, the ... [Read More]

Altes Spots Potential Pitfalls of Voluntary Repossessions

Nick Zulovich
DAYTONA BEACH, Fla. — Veteran repossessor and Time Finance Adjusters executive Patrick Altes believes there has been an industry myth circulating for years about how voluntary repossessions are expected to unfold easier for both agents and lenders. However, Altes takes ... [Read More]

CARS Officially Launches Right to Cure Auction for Repossessed Units

Nick Zulovich
RALEIGH, N.C. — Along with forging two other partnerships with technology providers for compliance and more, Consolidated Asset Recovery Systems officially began its Right to Cure Auction through relationships with Copart and Asset Nation. As CARS discussed previously in leading ... [Read More]

AutoCreditApproved.com Broadens Certified Dealer Network

Nick Zulovich
NASHVILLE, Tenn. — Officials from AutoCreditApproved.com, a website that connects consumers with poor credit to willing lenders, recently added a certified dealership partner in Nashville, Tenn. The site now is connected with Wholesale Inc. AutoCreditApproved.com chief executive officer Sean Bradley ... [Read More]

ABI: A Double-Digit 2011 Bankruptcy Drop Reflects Consumer, Commercial Recovery

Nick Zulovich
ALEXANDRIA, Va. — As 2011 comes to an end, a look back on the year reveals that consumers and businesses may be recovering from the credit crisis of 2008, and are likely to continue their progress this coming year. Total ... [Read More]

Welcome to SubPrime News Update Three Times a Week

Nick Zulovich
CARY, N.C. — As Cherokee Automotive Group launches our first week of e-newsletters in 2012, our readers will see some changes. With our new schedule, we are making some shifts and increasing the frequency of SubPrime News Update to three times ... [Read More]

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