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SPONSORED EPISODE: Allied Solutions explains why origination is episodic, but servicing is continuous
John Elias, sales specialist in auto finance business development for Allied Solutions, is back as the guest for another sponsored episode of the Auto Remarketing Podcast. Elias explains why current market conditions, affordability pressures and changing vehicle values are combining ... Listen Here
Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
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

Bankruptcy Filings Hit New Nine-Month Record Since 2005

Nick Zulovich
ALEXANDRIA, Va. — For the first time since 2005, bankruptcy filings jumped past the 1 million mark during the first three calendar quarters of a year, according to the American Bankruptcy Institute. Relying on data on from the National Bankruptcy Research ... [Read More]

Former AmeriCredit Exec Joins XpressCredit as Director of Lender Development

Nick Zulovich
SYRACUSE, N.Y. — XpressCredit today announced the hiring of a former AmeriCredit executive as director of lender development. Taking on this position is Rory Noske. Noske brings more than 18 years of experience, developing business relationships in the auto financial services ... [Read More]

DealerTrack Adds Red Flags Reporting

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack customers now have access to Red Flags Reporting. The Red Flags Rules are expected to be enforced starting Nov. 1.  The addition is designed to help dealers in providing an audit trail and ensuring employees are complying with the Red ... [Read More]

CarBiz Names New COO, Reports Upswing in 2Q Earnings

Nick Zulovich
SARASOTA, Fla. — CarBiz recently announced that it has appointed a new chief operating officer, and the company also reported that its second-quarter earnings climbed significantly year-over-year. Named as COO was Paul Whitley, who was previously the director of finance for ... [Read More]

Fitch: U.S. Auto ABS Delinquencies in August Close to 10-Year High

Nick Zulovich
NEW YORK — Sixty-plus-day delinquency levels on U.S. prime auto loan ABS jumped 10.4 percent in August to 0.85 percent, which approached the 10-year record high set back in the first quarter, Fitch Ratings reported this week. The decade high is ... [Read More]

ABA Says Auto Loan Delinquency Rates Improved

Nick Zulovich
WASHINGTON, D.C. — Although overall consumer delinquencies reached a record mark during the second quarter, auto loans — both direct and indirect — showed significant improvement during the period, according to the American Bankers Association. Specifically, direct auto loan delinquencies dropped 55 basis ... [Read More]

Drive Financial Introduces Revamped Finance Program

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

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

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?

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]

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