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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
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

ABI: 2010 Consumer Bankruptcies Likely to Climb from 2009

Nick Zulovich
ALEXANDRIA, Va. — Though consumer bankruptcies in January fell 10 percent from the previous month, this isn't necessarily indicative of things to come. In fact, the American Bankruptcy Institute suggested Tuesday that various economic pressures could push bankruptcies this year past their ... [Read More]

Today is Final Day to Submit Nominations for Top 75 Subprime Companies

Nick Zulovich
CARY, N.C. — SubPrime Auto Finance News announced this morning that today is the last day to submit nominations for the second annual listing of the top 75 subprime companies in the March/April edition. Please move quickly, as nominations will close ... [Read More]

RouteOne Debuts New Online Lead, Credit Application Tool

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne has launched a new online lead and credit application tool for dealers that can help them manage and track customer leads, help make their online marketing activities more effective, and extend the reach of finance departments to their ... [Read More]

AmeriCredit Says It Has Rebuilt Originations Infrastructure

Nick Zulovich
FORT WORTH, Texas — On Wednesday, AmeriCredit's president and chief executive officer announced that the company has "substantially completed the rebuild of our originations structure." This included reopening one regional credit center and increasing staffing for sales, underwriting and funding areas. ... [Read More]

SubPrime Auto Finance News Seeks Nominations for Top Companies

Nick Zulovich
CARY, N.C. — Nominations are now open for the second annual listing of the top 75 subprime companies in the March/April edition of SubPrime Auto Finance News. But please move quickly, as nominations will close end-of-day Tuesday, Feb. 2. "We are ... [Read More]

Wolters Kluwer Names Senior Attorney for Indirect Lending

Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced Wednesday that it has named a senior attorney for its indirect lending business unit, which provides compliance tools and services to marine, RV and dealerships, and the lenders that serve them. Serving in this ... [Read More]

Huntington’s Finance & Dealer Group Doubles Market Share

Nick Zulovich
COLUMBUS, Ohio — Huntington Bancshares Finance & Dealer Services Group was the announced today that it is the No. 1 lender in Ohio for the fourth quarter of 2009. Huntington's share of loans for financing the sales of new and used ... [Read More]

OPENLANE, ARA Reach Deal to Move Repo Units Online

Nick Zulovich
REDWOOD CITY, Calif. — In an effort to help lenders save costs, OPENLANE and the American Recovery Association recently created a program to sell repossessed vehicles online. The centerpiece of the remarketing program is providing recovery agents the chance to auction vehicles online for ... [Read More]

RouteOne Completes Integration with Regional Acceptance

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne recently completed an integration to process credit applications electronically for a North Carolina-based lender. Dealers who conduct lender services through Regional Acceptance Corp. can now use RouteOne's platform for a reduced fee. Regional Acceptance is a wholly ... [Read More]

Credit Acceptance Announces Pricing of Senior Secured Notes

Nick Zulovich
SOUTHFIELD, Mich. — While Credit Acceptance announced last week that it intended to offer $225 million of first priority senior secured notes due in 2017, the company came back out this week saying that it has priced $250 million of these ... [Read More]

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