Loan extensions keep climbing as repo agents now seeing ramifications
Thursday, Apr. 23, 2026, 10:24 AM
Weltman, Weinberg & Reis hires 2 more attorneys for Ohio offices
Wednesday, Apr. 22, 2026, 02:43 PM
Navy Federal Credit Union’s Cost of Car Ownership Index reaches new high
Wednesday, Apr. 22, 2026, 10:56 AM
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here
Sunday, Apr. 19, 2026, 04:27 AM
Talking about the car business in the US & Canada with Peter Smith of the Lion Partnership
As Cherokee Media Group was getting ready to host the Used Car Industry Summit in Miami, Peter Smith of the Lion Partnership spent some time with Nick Zulovich for this episode of the Auto Remarketing Podcast. Smith recapped some of ... Listen Here
Monday, Apr. 13, 2026, 03:50 PM
SPONSORED EPISODE: Allied Solutions reviews Q1, pinpoints signals of loan health
John Elias and Peter Krall of Allied Solutions returned for another special sponsored episode of the Auto Remarketing Podcast. Elias and Krall recapped some of the most notable developments in auto finance from the first quarter of 2026. The Allied ... Listen Here
Tuesday, Apr. 7, 2026, 07:55 PM
Wells Fargo Provides $20 Million Revolving Credit to Tower Loan
Tuesday, Jul. 21, 2009, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital, a subsidiary of Wells Fargo & Co, announced it has recently added $20 million to Tower Loan of Mississippi and its affiliated consumer lending companies' existing credit facility, bringing the total facility to ... [Read More]
New Product Introduced to Help Dealers Prescreen Floor Traffic, Prospects
Tuesday, Jul. 21, 2009, 12:00 AM
Nick Zulovich
DAVENPORT, Iowa — Iowa-based Dealer Marketing Services, the creators of ProMax Online, recently announced the introduction of a system that can help dealers to pre-qualify consumers for auto financing by simply entering the consumer's name and address into the Instant Screen ... [Read More]
Chase Maintains Lower Auto Originations
Thursday, Jul. 16, 2009, 12:00 AM
Nick Zulovich
NEW YORK — Chase reported today that auto originations were down for the second quarter in both an annual comparison and a quarter-to-quarter review. Auto loan originations came in at $5.3 billion, down 5 percent from $5.6 billion in the first quarter ... [Read More]
NICB, Authorities Respond to Challenge of Consumers Fraudulently Reporting Vehicles Stolen to Avoid Payments
Thursday, Jul. 16, 2009, 12:00 AM
Nick Zulovich
DES PLAINES, Ill. — According to the National Insurance Crime Bureau, a trend has been emerging as consumers struggle to pay their bills. Rather than walking away from vehicle payments that can no longer be afforded, apparently many consumers are reporting ... [Read More]
Leedom BHPH Convention Upcoming
Thursday, Jul. 16, 2009, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — The 15th Annual Leedom Group National Buy-Here, Pay-Here Convention, dedicated to the BHPH and non-prime marketplace, will be held Oct. 12-14 at Caesars Palace in Las Vegas. "The Leedom Group has worked with hundreds of dealers across the ... [Read More]
GM CEO Thanks Rattner for Service as He Announces Plans to Leave
Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
DETROIT — General Motors' head Fritz Henderson issued a statement Monday thanking Steve Rattner as a key contributor to the automaker coming out of bankruptcy so quickly. As many have heard, Rattner announced Monday he is leaving his role with the ... [Read More]
DealerTrack Adds New Feature to Help Dealers Comply with Red Flags
Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — This morning, DealerTrack announced the addition of a free enhancement to its credit application network that is designed to help dealers strengthen their compliance programs and reduce the risk of identity theft and fraud by flagging abnormal ... [Read More]
AppOne Gains New Indirect Auto Lender Relationship
Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — Wolters Kluwer Financial Services recently announced that a 110-year-old Gulf South financial services leader, Hancock Bank, has joined its AppOne platform. With access to AppOne's network of more than 3,000 auto dealers, Hancock Bank, which has locations ... [Read More]
NADA Seeks Additional Floor Plan Assistance for Dealers
Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
McLEAN, Va. — Realizing that access to credit is still limited for both domestic and import dealers, the National Auto Dealers Association said it is working with Congress, the Department of the Treasury and the Federal Reserve Board to expand the ... [Read More]
CarMax Takes Advantage of TALF for Securitization
Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
RICHMOND, Va. — CarMax announced today that it has completed a private placement securitization. More specifically, the securitization is a private placement of $490 million principal amount of CarMax Auto Owner Trust 2009-A Asset-Backed Notes. J.P. Morgan Securities Inc. acted as adviser on ... [Read More]
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