AFSA & NIADA welcome halt of discretionary publication of complaint narratives & visualizations by CFPB
Monday, Aug. 17, 2026, 10:34 AM
Edmunds on depth of ‘The Vanishing Affordable Used Car’
Tuesday, Aug. 18, 2026, 10:17 AM
PODCAST: Additional insight into FTC’s move involving disparate impact from Hudson Cook
Tuesday, Aug. 18, 2026, 09:25 AM
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
Toyota Rolls Out Special Lease Rates to Further Entice CARS Customers
Nick Zulovich
TORRANCE, Calif. — To better entice customers into dealerships and complement the recently launched CARS program, Toyota announced that consumers can obtain special lease options on vehicles that qualify for the CARS program. Regionally, consumers can apply their CARS rebates toward ... [Read More]
Capital One Auto Finance Grows 2Q Net Income, Further Reduces Originations
Nick Zulovich
McLEAN, Va. — Capital One Auto Finance has continued to reduce originations as the company responds to the turbulent economic environment. On the positive side, the business unit bolstered its net income from continuing operations. Originations came in at $1.342 billion ... [Read More]
Fed Launches New Survey to See How Recession Impacted Households
Nick Zulovich
WASHINGTON, D.C. — The Federal Reserve Board announced Monday that it will soon begin a statistical study of household finances to update data collected at the outset of the economic downturn that began in late 2007. The 2009 Survey of Consumer ... [Read More]
Ford Credit Back in the Black But Expects Second Half to Show Less Strength
Nick Zulovich
DEARBORN, Mich. — In a positive turn of events, Ford Credit announced today that it has posted net income of $413 million for the second quarter, a significant improvement of $1.8 billion from a net loss of $1.4 billion last year. ... [Read More]
Infiniti Launches Special Summer Financing/Lease Rates
Nick Zulovich
FRANKLIN, Tenn. — Infiniti announced this week that it is now it is running special leasing and financing terms through Aug. 31. The automaker is offering zero percent financing on select 2009 models. Additionally, special lease rates are also available. For example, a lease on the 2009 ... [Read More]
Prestige Financial Names Executive VP of Ops
Nick Zulovich
SALT LAKE CITY — Prestige Financial Services recently named an executive vice president of operations. Promoted to this position is Rich Hyde. In this role, Hyde will oversee loan servicing, operations policy and client special situations for the Salt Lake City-based ... [Read More]
XpressCredit’s Web Site Gets a Makeover
Nick Zulovich
SYRACUSE, N.Y. — XpressCredit announced the introduction of a redesigned Web site with a more streamlined navigation flow and more comprehensive information on the company's product offerings. In addition to an entirely new look, some features of the new site, which ... [Read More]
Spinella: Subprime Continues to Take it on the Chin
Nick Zulovich
BANDON, Ore. — Apparently, gaining approval on an average auto loan is easier today than it has been since October 2008; however, subprime approvals aren't so easy to obtain, according to Art Spinella, of CNW Research. Spinella explained that while subprime ... [Read More]
Credit Union Offers Special Summer Auto Loan Rates
Nick Zulovich
BURBANK, Calif. — Lockheed Federal Credit Union announced it has slashed summer rates on new and used car loans as a part of its Summer Loan Sale, which will run through Aug. 31. "Consumers can save a bundle with special new ... [Read More]
Wells Fargo Provides $20 Million Revolving Credit to Tower Loan
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]
X