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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
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

Clarity Services Unveils ID Fraud Product Specifically Designed for Subprime Market

Nick Zulovich
CLEARWATER, Fla. — Clarity Services, a provider of subprime, thin-file and under-banked consumer data reporting, recently announced the release of its new Clear Subprime ID Fraud solution. The company highlighted Clear Subprime ID Fraud can provide several identity verification elements ... [Read More]

Repo and Recovery Execs to Share Insights at Re3 Conference

Nick Zulovich
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]

SNAAC Sold to Investor Group

Nick Zulovich
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]

GM Financial Prices $900M Receivables-Backed Securities

Nick Zulovich
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]

CarHop Opens Doors to 4th Chicago-Area Store

Nick Zulovich
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]

Capital One’s 3Q Auto Originations Climb by Double Digits

Nick Zulovich
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]

Fiserv Offers Social Media Strategy for Financial Institutions

Nick Zulovich
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]

Black Book Launches Collateral Risk Scores for Lenders

Nick Zulovich
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]

CFPB Unveils & Explains New Supervision and Examination Manual

Nick Zulovich
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]

S&P/Experian: Auto Loans Only Credit Segment to Show Month-Over-Month Improvement

Nick Zulovich
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]

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