Time dwindling to submit public comments about House’s major CFPB reform proposal
Wednesday, Aug. 12, 2026, 11:19 AM
F&I Sentinel, Global Lending Services, CHAMP again among Inc. 5000
Wednesday, Aug. 12, 2026, 11:13 AM
Cox Automotive: Subprime share decreases again in July, as loan terms stay at all-time high
Tuesday, Aug. 11, 2026, 10:16 AM
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
Mercedes-Benz Financial Slowly Rolls Out eValidate Via Service Providers
Nick Zulovich
FARMINGTON HILLS, Mich. — Mercedes-Benz Financial announced it has launched a new, full contract data validation system that integrates with dealers management systems. The program, called eValidate, is designed to perform more than 100 validations of information within seconds, helping to reduce ... [Read More]
Experian Automotive Sees Some Positive Signs in Auto Lending Marketplace
Nick Zulovich
SCHAUMBURG, Ill. — In Experian Automotive's latest credit analysis of the auto industry, the company discovered that credit appears to be loosening via auto lenders from the second quarter of last year to the same quarter of this year. More specifically, ... [Read More]
DebtMarket, First Associates Team Up to Streamline Portfolio Sales
Nick Zulovich
LOS ANGELES and SAN DIEGO — Reacting to a need for a secondary marketplace to open up credit lines, DebtMarket and First Associates recently announced they have joined forces in an effort to provide a new way to sell loan originations. ... [Read More]
Regional Acceptance Signs Deal with DRN
Nick Zulovich
FORT WORTH — Digital Recognition Network announced Wednesday that it has struck a deal with Regional Acceptance Corp., an affiliate of BB&T Corp., to provide its License Plate Recognition software. Regional will basically use DRN's services as a part of its ... [Read More]
F&I Integrates SCS Platform with Ristken Software
Nick Zulovich
CHICAGO — F&I Administration Solutions announced its SCS Auto administration platform has been selected by Ristken Software Services for use with the company's MenuPro application. The goal of the integration is to provide dealers with immediate quotes and pricing information, according ... [Read More]
iMetrik Solutions Aims to Simplify Collection, Recovery Process
Nick Zulovich
MONTREAL — In an industry segment where consumers sometimes stop payments all together, subprime service provider iMetrik Solutions has introduced something that could help asset holders reduce liabilities. The company announced its new "iMetrik-collect" Web-based software that is designed to help auto finance companies and buy-here, ... [Read More]
President Obama Taps Bloom for New Position
Nick Zulovich
WASHINGTON, D.C. — In addition to retaining his role as senior adviser to the Secretary of Treasury for the President's Task Force on the Automotive Industry, President Obama announced Monday that Ron Bloom is also taking on the role as the ... [Read More]
Deal Pack DMS Adds Floor Planning
Nick Zulovich
JACKSONVILLE, Fla. — Advanced Business Computers of America recently announced an improvement to its DMS system, which is called Deal Pack. The DMS system now offers a fully integrated floor planning solution for dealers. From roll fees to floor plan reserves, ... [Read More]
New Data Finds that Subprime, Deep Subprime Outstanding Balances Continue to Grow
Nick Zulovich
COSTA MESA, Calif., and NEW YORK — Apparently, consumers are continuing to migrate to lower credit bands. In fact, the number of consumers falling into the super-prime category has dropped by 10 percent since the third quarter of 2008, as measured ... [Read More]
Bankruptcy Filings Climb Over Last August
Nick Zulovich
ALEXANDRIA, Va. — Bankruptcy filings in August again increased over the same month in the prior year. However, on the brighter side, the number of filings was a decline from July. More specifically, the American Bankruptcy Institution reported 119,874 consumer bankruptcy ... [Read More]
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