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The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 07:16 PM
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here

Launcher & Scienaptic AI look to boost credit access & underwriting via partnership

Wednesday, Feb. 14, 2024, 11:19 AM
SubPrime Auto Finance News Staff
This week, Launcher and Scienaptic AI announced their full integration for mutual auto finance clients to make more advanced underwriting decisions. The companies said they’re able to achieve that objective by incorporating artificial intelligence-powered underwriting signals within Launcher’s appTRAKER Loan ... [Read More]

ARS promotes 3 executives after CEO’s passing

Tuesday, Feb. 13, 2024, 11:30 AM
SubPrime Auto Finance News Staff
The Patrick K. Willis Co., which does business as American Recovery Service (ARS), had to make three executive changes this week following the passing of Peter Willingham, who was chief executive officer since 2010. Taking over as CEO is Dave ... [Read More]

Primeritus continues revamp by naming new CEO

Tuesday, Feb. 13, 2024, 09:31 AM
Nick Zulovich, Senior Editor
The professional connection of Jennifer Turnage and Steve Norwood dates to 2005 when Norwood co-founded Consolidated Asset Recovery Systems (CARS) and Turnage served as chief financial officer of the company for seven years. Primeritus Financial Services acquired CARS in 2019 ... [Read More]

Dealertrack Credit Availability Index dips to lowest point in more than 3 years

Monday, Feb. 12, 2024, 10:27 AM
SubPrime Auto Finance News Staff
It was pretty chilly throughout much of the country in January, especially at finance companies based on the newest Dealertrack Credit Availability Index. Cox Automotive reported on Monday that the index reading declined to 93.0 in January. That’s 3% below ... [Read More]

PODCAST: More insight into near- & non-prime financing with Open Lending

Monday, Feb. 12, 2024, 10:25 AM
SubPrime Auto Finance News Staff
Just before last month’s Vehicle Finance Conference hosted by the American Financial Services Association, Open Lending released initial findings from its newest study on vehicle accessibility and automotive financing perceptions among near- and non-prime consumers. Open Lending senior vice president ... [Read More]

Fitch discusses softening used-car prices & auto ABS performance

Friday, Feb. 9, 2024, 10:17 AM
SubPrime Auto Finance News Staff
This week, Fitch Ratings offered its expectations for the securitization market in relation to the gradual softening of used-car prices. Fitch supported its assertions by citing a variety of data points from Black Book, Edmunds and federal officials about how ... [Read More]

PODCAST: Latest on state & federal regulation with AFSA’s Danielle Arlowe & Celia Winslow

Podcast
Friday, Feb. 9, 2024, 10:14 AM
SubPrime Auto Finance News Staff
Danielle Arlowe and Celia Winslow of the American Financial Services Association still had plenty of energy for this episode of the Auto Remarketing Podcast recorded in Las Vegas at the end of the organization’s annual Vehicle Finance Conference. Arlowe and ... [Read More]

TransUnion: Affordability concerning as originations sag

Thursday, Feb. 8, 2024, 10:50 AM
SubPrime Auto Finance News Staff
After sifting through the latest quarterly data, one finding became clear to Satyan Merchant, who is senior vice president and automotive and mortgage business leader at TransUnion. “Affordability remains an issue in the used-vehicle market,” Merchant said in a news ... [Read More]

MBSi unveils capability for Illinois agents to track data removal in repossessed vehicles

Vero & Privacy4Cars launch F&I tool for connected car protection
Wednesday, Feb. 7, 2024, 02:31 PM
SubPrime Auto Finance News Staff
With an Illinois law related to consumer data protection and repossessed vehicles now in place for several months, MBSi rolled out new capabilities to help repo agents and finance companies. Last week, MBSi added a new data removal feature that’s ... [Read More]

F&I Sentinel finalizes acquisition of Express Recoveries from Cox Automotive

latest news
Wednesday, Feb. 7, 2024, 11:44 AM
SubPrime Auto Finance News Staff
On Wednesday, F&I Sentinel announced the successful completion of its acquisition of Express Recoveries from Cox Automotive that was first revealed less than a month ago. The F&I risk management solutions provider said the entire Express Recoveries team that currently ... [Read More]

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