2025 Loss Mitigation Executive of the Year: Craig Paterson of GM Financial
Wednesday, Nov. 5, 2025, 02:23 PM
Lender executives & industry experts distill current status of subprime auto finance
Wednesday, Nov. 5, 2025, 10:48 AM
2025 Repossession Agent of the Year: Phil Hanks of Connect 1 Recovery
Thursday, Nov. 6, 2025, 10:34 AM
SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Tuesday, Nov. 4, 2025, 09:15 PM
Inside Auto Auction M&A with Mach10 CEO George Pero
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Tuesday, Oct. 28, 2025, 02:01 PM
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here
Monday, Oct. 27, 2025, 04:17 PM
Drive Financial Introduces Revamped Finance Program
Thursday, Oct. 1, 2009, 12:00 AM
Nick Zulovich
DALLAS — Drive Financial rolled out its revamped finance program for dealers late last week, and some of the changes include restructured tiers and various provisions that give dealers greater flexibility in setting up deals for customers. To shed some light ... [Read More]
CPS Secures Credit Line Allowing It to Return to Contract Origination Growth
Tuesday, Sep. 29, 2009, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced it has acquired a new credit facility from Fortress Credit Corp. in the amount of $50 million. The facility will be secured by auto receivables that the company now has or will have after ... [Read More]
Wells Fargo Grants Automotive Credit New Credit Facility
Tuesday, Sep. 29, 2009, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital announced it has provided Automotive Credit Corp. with a senior credit facility worth $50 million. "Wells Fargo Preferred Capital's industry knowledge and expertise gives us great comfort as we enter into a relationship ... [Read More]
How is Floor Plan ABS Performing?
Tuesday, Sep. 29, 2009, 12:00 AM
Nick Zulovich
NEW YORK — While fears abounded about dealers' ability to pay floor planning, especially at General Motors and Chrysler, with sales being down so much historically, the early payment analysis is in. And largely, it is positive. According to DBRS, the ... [Read More]
EZ Dealer Finance Adds Multiple Used Leasing Sources to System
Tuesday, Sep. 29, 2009, 12:00 AM
Nick Zulovich
OLD BRIDGE, N.J. — EZ Dealer Finance announced this week that it now has multiple used-car leasing sources for its application system. Ultimately, this means dealers have more options to offer to their customers. "We will give independent dealers more options ... [Read More]
Vehicle Acceptance Names New National Sales Director, Branch Manager
Thursday, Sep. 24, 2009, 12:00 AM
Nick Zulovich
DALLAS — This morning, Vehicle Acceptance Corp. named a new national sales director and a new branch manager for its Carmel, Ind., location. Taking on the role of national sales director is Allan Couch, while Jeff Baldwin will lead the new office ... [Read More]
RMI Says New Solution Can Speed Remarketing Time on Repos
Thursday, Sep. 24, 2009, 12:00 AM
Nick Zulovich
SOUTHAMPTON, N.J. — Recovery Management Inc., which provides a bridge between lending institutions and independent recovery professionals, in partnership with OPENLANE and Alliance Inspection Management, has launched RMI Liquidation Solution. The partnership works to reduce the costs typically associated with the recovery and ... [Read More]
Centrro Acquires BarNone
Thursday, Sep. 24, 2009, 12:00 AM
Nick Zulovich
OAKLAND, Calif. — On Wednesday, Centrro announced it has purchased BarNone, a provider of specialty finance and consumer services, from First Advantage Corp. Centrro specializes in offering a vertical search engine to help consumers find personal financial products that complement their ... [Read More]
PROCON Launches LoanPlus for Banking Industry to Protect Assets
Thursday, Sep. 24, 2009, 12:00 AM
Nick Zulovich
KNOXVILLE, Tenn. — PROCON is introducing LoanPlus, which will be managed by a new Lender Services division that the company says can help lenders better protect their assets if a consumer defaults. The company's new LoanPlus program is based on GPS telemetrics and is designed ... [Read More]
CPS Issued Deficiency Notice from Nasdaq
Tuesday, Sep. 22, 2009, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced it received a staff deficiency letter from Nasdaq on Sept. 15 stating the company has failed to comply with the minimum bid price of $1.00 as required by Rule 5450(a)(1). Under the rule, which affects ... [Read More]
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