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Ted Berlovich of Clutch
Monday, Jun. 29, 2026, 03:44 PM
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here
Moiz Khan of Driveline Technologies
Monday, Jun. 29, 2026, 03:29 PM
During Canada’s Used Car Week, Auto Remarketing Canada senior editor Joe Overby caught up with Moiz Khan, co-founder of Driveline Technologies, to talk about the company, its growth and how it is addressing real challenges facing the automotive industry. Stay ... Listen Here
United Car Dealers Association Leaders Join CUCW Live Stage
Thursday, Jun. 25, 2026, 07:09 PM
Next up on our series of Auto Remarketing Podcast episodes from Live Stage at Canada’s Used Car Week is a conversation with United Car Dealers Association leaders Jim Hamilton, Christy Fines and John Tangreda. They talk with Cherokee Media Group ... Listen Here

Prestige Gains Conduit Facility from J.P. Morgan Chase

Tuesday, Sep. 28, 2010, 12:00 AM
Nick Zulovich
SALT LAKE CITY — Prestige Financial Services announced late last week it established an asset-backed commercial paper conduit facility through J.P. Morgan Chase Bank, N.A. in Chicago. Executives indicated the facility totaled $150 million. They went on to note the ... [Read More]

Non-Prime Regional Lender Receives Wells Fargo Credit Facility

Tuesday, Sep. 28, 2010, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — For the second time this month, Wells Fargo Preferred Capital handed out a revolving credit facility to a regional non-prime lender that works with franchise and independent dealerships. The latest facility coming to fruition last week was for ... [Read More]

Subprime Used-Vehicle Sales Begin to Rebound, Albeit Still Down Dramatically from 2007

Tuesday, Sep. 28, 2010, 12:00 AM
Nick Zulovich
BANDON, Ore. — As of August, the share of used-vehicle sales to consumers with FICO scores under 619 apparently rose to the highest level since March 2008. However, on the new-car side, buyers with a FICO below 619 have risen only ... [Read More]

CPS Announces First Rated Securitization Since 2008

Tuesday, Sep. 28, 2010, 12:00 AM
Nick Zulovich
IRVINE, Calif. — On Monday, Consumer Portfolio Services announced the closing of its first rated-term securitization in more than two years. The transaction represents the company's first senior subordinate securitization since 1993, according to management. In the transaction, qualified institutional buyers ... [Read More]

S&P/Experian Say Auto Loan Defaults Continue to Climb

Thursday, Sep. 23, 2010, 12:00 AM
Nick Zulovich
NEW YORK — The Standard and Poor's/Experian Consumer Credit Default Indices discovered that auto loan defaults climbed for the second consecutive month from 1.96 percent in July to 2.05 percent in August. "Except for auto loans, the consumer credit default indices ... [Read More]

NABD Underwriting & Collections Conference to Focus on New Financial Reform, Among Other Topics

Thursday, Sep. 23, 2010, 12:00 AM
Nick Zulovich
HOUSTON — The National Alliance of Buy-Here, Pay-Here Dealers finalized agenda reveals that the new Consumer Protection Agency and the impact this will have on BHPH dealers will be a key topic at the upcoming Underwriting and Collection Conference. Featured speakers now ... [Read More]

NVLA to Host Leasing Workshop This Fall

Thursday, Sep. 23, 2010, 12:00 AM
Nick Zulovich
HANOVER, Md. — Topics ranging from lease accounting to Red Flags and social media are on the docket for the National Vehicle Leasing Association's daylong fall workshop. Besides those three subjects, the association's workshop is set to touch on bankruptcy and GPS tracking ... [Read More]

Lenders Protection Partners with AmTrust to Help Credit Unions Approve More Non-Prime Auto Loans

Thursday, Sep. 23, 2010, 12:00 AM
Nick Zulovich
AUSTIN, Texas — Open Lending, the parent company of Lenders Protection, announced it has teamed up with the insurance carriers of AmTrust Financial Services, which will become the insurance provider for the Lenders Protection program. Basically, the program allows credit unions to ... [Read More]

Friendly Finance, OnlineBKmanager.com Unite on Marketing Plan to Reach Bankrupt Buyers

Tuesday, Sep. 21, 2010, 12:00 AM
Nick Zulovich
BALTIMORE — Friendly Finance Corp. and OnlineBKmanager.com are teaming up for a marketing campaign aimed at registering more franchise and independent dealers that often cater to subprime customers who already have filed bankruptcy. Friendly Finance noted that it began work in ... [Read More]

First Investors More than Quadruples Year-over-Year Originations

Tuesday, Sep. 21, 2010, 12:00 AM
Nick Zulovich
HOUSTON — Sharing its first-quarter results, First Investors Financial Services announced a decrease in net income largely due to a decline in interest income that was the result of a drop in the average portfolio outstanding, in addition to lower revenues from ... [Read More]

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