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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

While Identity Theft Soars, Treasury Discovers Major Crackdown on Auto Loan Fraud

Nick Zulovich
VIENNA, Va. — A recent Financial Crimes Enforcement Network study indicates conscientious dealership staff and finance company personnel are greatly helping to squash fraudulent vehicle loans facilitated by identity theft prior to funding. FinCEN, a part of the U.S Department of Treasury, conducted ... [Read More]

Chase Taps Former BMW Exec to Head Up Remarketing

Nick Zulovich
GARDEN CITY, N.Y. — Chase confirmed today  that it has hired veteran Randy Beil as vice president and national manager of its vehicle remarketing group. His team is responsible for selling repossessed and off-lease vehicles to consumers and through dealer, Internet ... [Read More]

Ally Financial Pays Dividend on Preferred Stock Issued to Treasury, More

Nick Zulovich
DETROIT — The Ally Financial Board of Directors announced today it has declared a quarterly dividend payment on certain outstanding preferred stock issued to the U.S. Department of Treasury. A quarterly dividend payment was declared on Ally's Fixed Rate Cumulative Mandatorily ... [Read More]

Pollak: Delving into BHPH Dealer World Not Easy

Nick Zulovich
OAK BROOK, Ill. — A veteran dealer posed a scenario to vAuto's Dale Pollak recently about getting into the buy-here, pay-here side of the business while maintaining a typical used-vehicle dealership at the same location. Despite a well-researched plan, Pollak recommended ... [Read More]

PassTime Says New Embedded SIM to be Contained Within Flagship GPS Device

Nick Zulovich
LITTLETON, Colo. — PassTime announced recently that it has become the first in the buy-here, pay-here vehicle telematics industry to utilize an embedded subscriber identity module (SIM) in its flagship solution application. Executives said the PassTime Elite Product Line will soon ... [Read More]

Customers’ Economic Troubles Hurt NowAuto’s Fiscal Year Revenue

Nick Zulovich
PHOENIX — Because of slowing sales due to economic struggles of its primary customer base, NowAuto Group revealed decreased revenues at the close of its fiscal year. The company calculated that its revenue totaled $5.1 million, resulting in a net loss ... [Read More]

Chase: Auto Originations Climb Over 2Q, but Remain Down from Last Year

Nick Zulovich
NEW YORK — While down year-over-year, Chase revealed this week that auto loan originations were up by about 5 percent quarter-over-quarter. For the third quarter, Chase reported that auto originations came in at $6.1 billion, down 12 percent from the prior ... [Read More]

Fed: Several Auto Loan Averages Show Little August Change

Nick Zulovich
WASHINGTON, D.C. — After several months of notable changes, little movement involving the average interest rate on new-car loans at auto finance companies in August. According to the Federal Reserve's latest report, the August average edged down just marginally to 3.86 ... [Read More]

America’s Car-Mart Adds 100th Store, Offers Expansion Overview

Nick Zulovich
BENTONVILLE, Ark. — America's Car-Mart recently opened up its 100th dealership, extending its network that now stretches through eight states. Former Auburn football coach Pat Dye was on hand as part of the celebration to usher in the new store ... [Read More]

Fiserv’s Auto Loan Origination System to Integrate with Open Dealer Exchange

Nick Zulovich
BROOKFIELD, Wis. — Fiserv announced Tuesday that its Automotive Loan Origination System will integrate with Open Dealer Exchange. The inclusion of Open Dealer Exchange in Fiserv's LOS is designed to give clients an extended range of alternatives for automating the exchange ... [Read More]

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