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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

Nicholas Financial Highlights 3Q Growth, Expansion Plans

Nick Zulovich
CLEARWATER, Fla. — Nicholas Financial posted significant increases in year-over-year growth for both net earnings and revenue during the third quarter and shared plans to expand its footprint in both the Southeast and Midwest. For the fiscal quarterly results, company executives ... [Read More]

Credit Acceptance Begins Its Return to Originations Growth

Nick Zulovich
SOUTHFIELD, Mich. — After reducing loan volume throughout most of 2009, Credit Acceptance has begun to grow its originations. For the fourth quarter, the company posted 7.6 percent growth in unit origination volume and grew originations by 2.1 percent in terms ... [Read More]

DBRS Publishes Final Methodology for Lease Securitizations

Nick Zulovich
NEW YORK — DBRS has released its final rating methodology for U.S. auto lease asset-backed transactions. The company indicated its final methodology does not have any substantive changes from the proposed lease methodology, which was published on Dec. 14 with a ... [Read More]

Dealer, Auction Companies’ Class Action Lawsuit Filed Against Toyota in Missouri

Nick Zulovich
JEFFERSON CITY, Mo. — A class action lawsuit was recently filed in Missouri federal court claiming that dealers and auction companies are "bearing the financial brunt" of Toyota's recent recalls and stop sales order and deserve to be compensated for the ... [Read More]

GMAC Joins DealerTrack Network

Nick Zulovich
DETROIT and LAKE SUCCESS, N.Y. — GMAC Financial Services is being added to DealerTrack's credit application network, the two companies announced late Wednesday afternoon. The lender said teaming up with DealerTrack will help expand its customer base, as GMAC will have ... [Read More]

Fed: Average APR on Auto Loans Softens in December

Nick Zulovich
WASHINGTON, D.C. — The latest data available from the Federal Reserve showed the average interest rates for new-car loans at auto finance companies declined in December after moving upward the month before. More specifically, the Fed calculated the average interest rate ... [Read More]

MVTRAC Reveals New Brand Approach

Nick Zulovich
PALATINE, Ill. — Executives recently revealed a new branding strategy that aligns City Auto Recovery Services, International Intelligence Agency and MVTrac. The new organization now will be known as MVTRAC and plans to continue providing vehicle intelligence networks for law enforcement, auto ... [Read More]

DBRS Produces Final Rating Methodology

Nick Zulovich
NEW YORK — DBRS has published its final rating methodology for U.S. wholesale auto loan asset-backed transactions. The company indicated its final methodology does not have any substantive changes from the proposed wholesale loan methodology, which was published on Oct. 21 ... [Read More]

AWARE Updates Educational Quiz on Auto Financing

Nick Zulovich
WASHINGTON, D.C. — An organizing body of lenders, Americans Well-informed on Auto Retailing Economics (AWARE), has released an updated version of its consumer education product. The latest edition of the Auto Financing Tune-Up Quiz is meant to cover many topics, such as where ... [Read More]

Auto Affordability Shows 4Q Drop in Post-CARS Market

Nick Zulovich
DALLAS — Thanks largely to end of CARS, auto affordability took a significant hit in the fourth quarter of 2009, as it required 23 weeks of median family income to buy and finance an average-priced new vehicle, according to Comerica Bank's ... [Read More]

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