Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here

Alabama Credit Union Broadens Deal with Wolters Kluwer

Nick Zulovich
BATON ROUGE, La. — Alabama Telco Credit Union recently expanded its relationship with Wolters Kluwer Financial Services. The new deal means the 56,000-member credit union now will utilize the AppOne platform that can automate the indirect lending, credit approval and compliance. ... [Read More]

DBRS Requests Feedback for U.S. Retail Auto Loan Rating Methodology

Nick Zulovich
NEW YORK — Executives from DBRS recently made the request for comments on the proposed rating methodology for U.S. asset-backed transactions backed by retail auto loans. The company said the deadline for all comment submissions is Dec. 18. Individuals can send comments ... [Read More]

NABD’s Shilson Offers Some Insight into Benefits of Payment Devices

Nick Zulovich
HOUSTON — The National Alliance of Buy-Here, Pay-Here Dealers recently held its three-day Underwriting and Collections Conference in November. Several key topics took center stage, including GPS device analysis, DMS solutions, collections, underwriting and regulatory compliance, among much more. "The conference ... [Read More]

iMETRIK Solutions Plans Free Webinar for Dealers, Lenders

Nick Zulovich
MONTREAL — iMETRIK Solutions is offering a free Webinar for lenders and buy-here, pay-here dealers who are interested in learning more about how technology can improve loan performance. The presentation titled "Best Practices with GPS Collection and Recovery Tools" will be ... [Read More]

ABI: Bankruptcies Approach Four-Year Highs

Nick Zulovich
ALEXANDRIA, Va. — Total bankruptcy filings continue to trend higher this year — reaching levels not seen in four years — according to the most recent data compiled by the American Bankruptcy Institute. In the third quarter of 2009 alone, ABI found that ... [Read More]

TransUnion: Less Demand, Fewer Auto Loans Lead to Higher Delinquencies

Nick Zulovich
CHICAGO — In its latest auto lending analysis, TransUnion.com discovered that the national 60-day delinquency rate climbed between the second and third quarters from 0.73 percent to 0.81 percent. Meanwhile, the year-over-year delinquency rate grew by 1.25 percent in the third ... [Read More]

Fitch: Auto ABS Beats Seasonality Trend But Higher Losses, Delinquencies to Remain

Nick Zulovich
NEW YORK — Despite various negative indicators, U.S. auto asset-backed securities' delinquency and annualized net losses actually improved at a time of the year when performance characteristically begins to deteriorate, according to Fitch Ratings. In fact, the company found that 60-plus ... [Read More]

PROCON Signs Deal for Services, Wins Award for Growth

Nick Zulovich
KNOXVILLE, Tenn. — PROCON also reached an agreement for services with a company that has a broad reach throughout the automotive industry. Having recently been honored for industry growth by T-Mobile, PROCON's mobile resource management system now will be utilized by ... [Read More]

WhereMembersDrive.com Rolls Out New Programs for Colorado Credit Unions

Nick Zulovich
DENVER — A pair of new programs available to participating Colorado credit unions and their members opens the door to exclusive online used-vehicle listings. One of the initiatives through WhereMembersDrive.com allows these credit unions to post recently repossessed vehicles. Then, their ... [Read More]

CNW: Auto Lenders’ Unwillingness to Fund Subprime Paper Likely to Continue to Constrain Sales

Nick Zulovich
BANDON, Ore. — Auto lenders are still apparently remaining very cautious in the quantity of subprime applications they approve and book. And while CNW Research points to this market as extremely profitable as the economy improves, the company also noted it's going to ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X