Time dwindling to submit public comments about House’s major CFPB reform proposal
Wednesday, Aug. 12, 2026, 11:19 AM
F&I Sentinel, Global Lending Services, CHAMP again among Inc. 5000
Wednesday, Aug. 12, 2026, 11:13 AM
Cox Automotive: Subprime share decreases again in July, as loan terms stay at all-time high
Tuesday, Aug. 11, 2026, 10:16 AM
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
Wolters Kluwer Enhances Fair Lending Solution
Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced this week that its Fair Lending Wiz software now includes an ethnicity proxy functionality. Management explained the enhancement can allow financial institutions to make a determination of whether a loan applicant is Hispanic when ... [Read More]
Nicholas Financial Continues Growth Strategy
Nick Zulovich
CLEARWATER, Fla. — Nicholas Financial announced Wednesday that it has opened two new branch offices. The new facilities are in Morrow, Ga., and Fort Wayne, Ind. The office in Morrow is Nicholas Financial's fifth branch in the greater Atlanta metropolitan area, ... [Read More]
Reynolds, COINdata Partner to Enhance Dealer F&I
Nick Zulovich
DAYTON, Ohio — Reynolds and Reynolds and COINdata recently reached an integration partnership intended to strengthen a critical part of the vehicle sale process. Executives explained the agreement means the Reynolds LAW 553 Universal Retail Installment Sale Contract now is the ... [Read More]
GrooveCar Unveils New Web Strategy to Push Auto Lending at Credit Unions
Nick Zulovich
HAUPPAUGE, N.Y. — GrooveCar recently revamped its website with a host of added features and promotions geared to boost the potential for credit unions to capture more direct auto loan accounts on new and used vehicles. Officials from the financial intermediary emphasized ... [Read More]
Wells Fargo Dealer Services Continues Business as Usual
Nick Zulovich
DES MOINES, Iowa — Wells Fargo Dealer Services' president told SubPrime Auto Finance News this week that the Wells Fargo Financial restructuring will have no impact on indirect dealer auto loans. Indeed, Tom Wolfe told SubPrime, "The restructuring of Wells Fargo ... [Read More]
GMAC’s North American Auto Finance Business to Become Ally
Nick Zulovich
DETROIT — This morning, Ally Financial announced it will rebrand its GMAC consumer and dealer-related auto finance operations in the U.S., Canada and Mexico with the Ally name. This follows the transition of the parent company to Ally Finance Inc. in ... [Read More]
Wolters Kluwer Granted Patent for AppOne Solution
Nick Zulovich
BATON ROUGE, La. — Wolters Kluwer Financial Services revealed this week that it received notification from the United States Patent and Trademark Office regarding one of its solutions. Federal officials gave a U.S. patent to Wolters Kluwer for its AppOne solution. ... [Read More]
ABA: Direct, Indirect Auto Loan Delinquencies Improve
Nick Zulovich
WASHINGTON, D.C. — Both direct and indirect auto loan delinquencies showed improvement for the quarter, according to the American Bankers Association. ABA reported that direct auto loan delinquencies dropped from 1.94 percent to 1.79 percent. Meanwhile, indirect auto loan delinquencies fell ... [Read More]
Chase Auto Finance Continues Expansion in Southeast
Nick Zulovich
GARDEN CITY N.Y. — After Chase Auto Finance unveiled new offices in the Midwest and the Northeast earlier this year, this week the company expanded its presence in the Southeast. Executives announced the opening of a full-service Custom Finance Business Center ... [Read More]
Consumers Can Now Select Special Chrysler Incentives
Nick Zulovich
AUBURN HILLS, Mich. — In addition to announcing that most 2010 vehicles financed through GMAC are eligible for zero-percent financing, Chrysler also said today that it is allowing customers the option of returning a new vehicle within 60 days. More specifically, ... [Read More]
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