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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
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
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

BMW Financial Looks to Build Market Awareness with New Service Contract Campaign, More

Nick Zulovich
WOODCLIFF LAKE, N.J. — BMW Group Financial Services announced this week the launch of a  three-part series of viral videos to promote its extended vehicle protection program. Also this week, the company released a new mobile app for customers and gamers alike. Returning ... [Read More]

U.S. Bankruptcies Fall Over First Half 2010, but Rise from 1Q

Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute discovered that the total number of U.S. bankruptcies filed during the first half of this year fell 8 percent when compared to the same period in 2010. This was due largely in part to the deleveraging ... [Read More]

DealerTrack Raises Guidance After Strong 2Q Revenue & Income Performance

Nick Zulovich
LAKE SUCCESS, N.Y. — Also prompting a raise in annual estimates, DealerTrack Holdings saw significant gains both in the second quarter and through the first six months of 2011 in net income, revenue and more. Beginning with a look at ... [Read More]

TD Auto Finance Joins AFSA

Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association recently announced that TD Auto Finance is its newest member. The company was formed when TD Bank Group purchased Chrysler Financial in April, combining its existing auto lending business with Chrysler Financial ... [Read More]

Fed Watches Non-Revolving Credit Jump Again

Nick Zulovich
WASHINGTON, D.C. — While the Federal Reserve didn't have any update on averages for new-vehicle loans by finance companies, officials noticed non-revolving credit increasing at a rate not seen since February. Looking at June data, the Fed discovered this credit ... [Read More]

CPS Buys Portfolio of Fireside Auto Receivables

Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced Monday that it has entered into an agreement with Fireside Bank to purchase a $237 million portfolio of performing automobile receivables. Fireside Bank is a wholly owned subsidiary of Unitrin Inc.  A subsidiary of ... [Read More]

GM Financial Reveals 2Q Net Income & Loan Originations Climb as Delinquent Receivables Dip

Nick Zulovich
FORT WORTH, Texas — GM Financial watched both loan originations and net income rise and delinquent receivables fall during the second quarter. Officials revealed its second-quarter net income came in at $95.8 million, up from the year-ago figure of $85.5 ... [Read More]

CarHop Moves Kansas City Store to Newly Renovated Space

Nick Zulovich
KANSAS CITY, Mo.  — CarHop recently celebrated relocating its Kansas City, Mo., store to a newly renovated space. After moving into the fresh building on July 29, company officials note that the location at 1115 E. Bannister Road will expand CarHop's ... [Read More]

July Consumer Bankruptcies Continue Downward Trend

Nick Zulovich
ALEXANDRIA, Va. — July saw consumer bankruptcies fall substantially, continuing a downward trend in filings for the seventh straight month, according to the American Bankruptcy Institute. The rate of consumer bankruptcies decreased 18 percent nationwide during this past month, noted the ... [Read More]

Prestige’s Seagrave Takes on New Position with AFS Acceptance

Nick Zulovich
FORT LAUDERDALE, Fla. — After spending five years as senior vice president of loan originations at Prestige Financial in Salt Lake City, Scot Seagrave has a new position with a different company. Seagrave has been hired by AFS Acceptance, a ... [Read More]

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