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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

Economists Optimistic, Predict Gradual Recovery at Automotive Economic Forum

Nick Zulovich
CHICAGO — The overall outlook of economists at the recent Automotive Economic Forecast and Financial Forum was positive — they all believe the economy is on the road to recovery — but they all also recognize that road will be a slow ... [Read More]

TransUnion: Quarterly Auto Loan Delinquency Rates Fall Significantly

Nick Zulovich
CHICAGO — Mirroring positive trends from the latest S&P/Experian Consumer Credit Default Indices, officials from TransUnion on Tuesday noted a sharp decline in the national 60-day auto delinquency rate. The TransUnion rate — which calculates the ratio of vehicle loan borrowers 60 ... [Read More]

S&P/Experian Auto Loan Default Index Shows Improvement

Nick Zulovich
NEW YORK — The latest S&P/Experian Consumer Credit Default Indices highlighted the continued improving performance of auto loans. Standard & Poor's and Experian based their analysis on data through April of this year and found defaulting balances on vehicle loans slid ... [Read More]

Non-Prime Chrysler Customers Can Now Get Financed Via Santander; Expanded Automaker Relationship with GMAC

Nick Zulovich
AUBURN HILLS, Mich. — Thanks to a new partnership with Santander, starting today, Chrysler dealers can ramp up the number of credit-challenged customers they are getting behind the wheel of Chrysler, Dodge and Jeep models. Furthermore, a Chrysler spokesperson told SubPrime ... [Read More]

ABI: Quarterly, Year-Over-Year Bankruptcy Totals Continue to Climb

Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute revealed several double-digit increases regarding several time frame comparisons when looking at latest bankruptcy totals. Beginning with first-quarter results, ABI indicated U.S. bankruptcy cases jumped 17.5 percent over the same period in 2009. That rate ... [Read More]

DealerTrack Plans Free Red Flags Webinar

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack is looking to help store management prepare for the imminent deadline for Red Flags enforcement by the Federal Trade Commission. Executives have planned a free Webinar to discuss this topic and more on May 27. Beyond ... [Read More]

AmeriCredit Prices $600 Million Senior Subordinate Asset-Backed Securitization

Nick Zulovich
FORT WORTH, Texas — AmeriCredit announced late last week the pricing of a $600 million offering of automobile receivables-backed securities. This securitization is through lead managers Deutsche Bank Securities, J.P. Morgan and Wells Fargo Securities. Executives mentioned that co-managers are Credit Suisse, ... [Read More]

Consumer Portfolio Services Navigates Difficult First Quarter

Nick Zulovich
IRVINE, Calif. — Explaining their recent financial performance as a continued recovery from the "Great Recession," executives from Consumer Portfolio Services detailed a decline in revenue and pretax loss during the first quarter of 2010. CPS indicated that it posted a ... [Read More]

Arizona Central Credit Union Joins Effort to Assist Low-Income Buyers

Nick Zulovich
PHOENIX — Arizona Central Credit Union recently partnered with the Northern Arizona Council of Governments to offer a program meant to help low-income individuals purchase a vehicle. Officials explained the basis for Wheels to Work is to assist individuals with limited ... [Read More]

While Prime, Subprime Auto ABS Delinquencies Remain Elevated, Fitch Finds Some Key Improvements That Bode Well for Industry

Nick Zulovich
NEW YORK — The performance of auto asset-backed securities is a key factor in investors' and capital markets' appetite for such issuances. And with the auto lending markets tight, keeping a close eye on the performance of prime and subprime vintages ... [Read More]

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