Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Industry Elite: Tony Rimas of XPEL
Tuesday, Mar. 31, 2026, 07:40 PM
Concluding our inaugural Industry Elite: The C-Suite honoree series is a conversation with Tony Rimas, who is vice president of global revenue at XPEL Inc. Rimas — an avid biker who swam and ran track & field and cross country ... Listen Here
Industry Elite honoree Mike Thomas of Resolvion on building his career — literally
Thursday, Mar. 26, 2026, 02:23 PM
Next up in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Thomas, who is chief executive officer of Resolvion. Thomas shares memories with Cherokee Media Group senior editor Nick Zulovich about working in construction and ... Listen Here
Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 05:01 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here

CFPB unveils revised supervisory appeals process

CFPB files lawsuit against US Auto Sales servicer
Monday, Feb. 19, 2024, 11:27 AM
SubPrime Auto Finance News Staff
Coming off of tabulating how much into the billions its enforcement actions totaled last year, the Consumer Financial Protection Bureau (CFPB) issued a procedural rule on Friday, updating the process by which financial institutions can appeal supervisory findings. Officials said ... [Read More]

Launcher finalizes another alliance; this time with goal of serving Hispanics

Launcher
Friday, Feb. 16, 2024, 10:34 AM
SubPrime Auto Finance News Staff
Launcher landed its second alliance of the week on Thursday with the newest one aimed at expanding access to credit within the Hispanic market. Launcher now is integrated with Conecta Marketing Group in order to help finance companies optimize their ... [Read More]

CFPB penalties in 2023 approach $4B

CFPB seeking more data about repossessions & contract modifications
Friday, Feb. 16, 2024, 10:34 AM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau recently recapped the monetary impact the regulator made through its enforcement actions and other moves last year. In 2023, the CFPB said it filed 29 enforcement actions and resolved through final orders with six previously ... [Read More]

S&P Global Ratings projects second straight year of record auto securitizations

S&P Global Ratings
Thursday, Feb. 15, 2024, 10:38 AM
SubPrime Auto Finance News Staff
S&P Global Ratings is projecting the auto securitization market to grow this year after setting a record in 2023. Analysts explained this week that pent-up demand for vehicles drove new-car sales 13% higher year-over-year to 15.5 million units in 2023, ... [Read More]

Agenda for NARS 2024 now available

2024 North American Repossessors Summit
Wednesday, Feb. 14, 2024, 12:01 PM
SubPrime Auto Finance News Staff
The American Recovery Association released its agenda for the 2024 North American Repossessors Summit, which is scheduled for April 11-12 in Orlando, Fla. Along with the annual golf tournament and silent auction to raise money for the Repo Alliance Lobbyist ... [Read More]

PODCAST: Reviewing FTC’s past & present with Terry O’Loughlin of Reynolds and Reynolds

Podcast
Wednesday, Feb. 14, 2024, 11:20 AM
SubPrime Auto Finance News Staff
For this episode of the Auto Remarketing Podcast recorded in Las Vegas at this year’s Vehicle Finance Conference hosted by the American Financial Services Association, we share another visit with one of the industry’s great historians: Terry O’Loughlin, who is ... [Read More]

Launcher & Scienaptic AI look to boost credit access & underwriting via partnership

Wednesday, Feb. 14, 2024, 11:19 AM
SubPrime Auto Finance News Staff
This week, Launcher and Scienaptic AI announced their full integration for mutual auto finance clients to make more advanced underwriting decisions. The companies said they’re able to achieve that objective by incorporating artificial intelligence-powered underwriting signals within Launcher’s appTRAKER Loan ... [Read More]

ARS promotes 3 executives after CEO’s passing

Tuesday, Feb. 13, 2024, 11:30 AM
SubPrime Auto Finance News Staff
The Patrick K. Willis Co., which does business as American Recovery Service (ARS), had to make three executive changes this week following the passing of Peter Willingham, who was chief executive officer since 2010. Taking over as CEO is Dave ... [Read More]

Primeritus continues revamp by naming new CEO

Tuesday, Feb. 13, 2024, 09:31 AM
Nick Zulovich, Senior Editor
The professional connection of Jennifer Turnage and Steve Norwood dates to 2005 when Norwood co-founded Consolidated Asset Recovery Systems (CARS) and Turnage served as chief financial officer of the company for seven years. Primeritus Financial Services acquired CARS in 2019 ... [Read More]

Dealertrack Credit Availability Index dips to lowest point in more than 3 years

Monday, Feb. 12, 2024, 10:27 AM
SubPrime Auto Finance News Staff
It was pretty chilly throughout much of the country in January, especially at finance companies based on the newest Dealertrack Credit Availability Index. Cox Automotive reported on Monday that the index reading declined to 93.0 in January. That’s 3% below ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X