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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

OSC Integrates into Finance Express to Offer Buy-Back Program

Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently announced that Omega Service Corp. has integrated with its platform. OSC offers dealers a national buy-back product that allows customers to bring their vehicle back to the selling dealer after a waiting period. ... [Read More]

Chrysler Responds to Dealer Protests Over Cuts

Nick Zulovich
AUBURN HILLS, Mich. — Not surprisingly, Chrysler's Steven Landry came out this morning with a statement saying the automaker is sticking to its decision to cut 789 franchised dealers. The executive vice president of North American marketing, parts and service explained ... [Read More]

CPS: 1Q Dealer Contract Purchases Down Significantly

Nick Zulovich
IRVINE, Calif. — In announcing its first quarter results, Consumer Portfolio Services said that its annualized net charge-offs came in at 11.59 percent, compared with 6.66 percent in the first quarter of last year. Moreover, the company announced that delinquencies greater than ... [Read More]

AppOne Adds New Credit Union to Platform

Nick Zulovich
BATON ROUGE, La. — AppOne, a part of Wolters Kluwer Financial Services, announced that Louisiana-based Pelican State Credit Union has joined its platform. AppOne will help Pelican State Credit Union connect with auto, marine and RV dealerships in Louisiana to provide ... [Read More]

Automotive Compliance Consultants Launches New Training Tool

Nick Zulovich
CHICAGO — Automotive Compliance Consultants recently launched a new online compliance training tool called Compliance Solved. Automotive Compliance Consultants partnered with Stone Meta, an automotive specific Web and software company, to develop this compliance tool. The service offers training modules focused ... [Read More]

DBRS: Auto ABS Remains Stable

Nick Zulovich
NEW YORK — The recession has had a negative impact on almost all subprime auto asset-backed securities issuers; however, overall, the market appears to be staying on track, according to U.S. Structured Finance. Officials said the economic downturn has resulted in ... [Read More]

J.D. Byrider Opens New Store, Names New Executive

Nick Zulovich
CARMEL, Ind. — J.D. Byrider said it has opened its third new location since the start of 2009, in addition to naming a director of service operations. The Monroeville, Pa., store marks the third Byrider franchise in Pittsburgh, the 10th in ... [Read More]

RMI, Digital Recognition Network Align to Serve Recovery Needs

Nick Zulovich
SOUTHAMPTON, N.J. — Recovery Management recently announced a strategic alignment with Digital Recognition Network to boost vehicle recovery rates for lenders. Thanks to the alignment, now all recovery professionals who are channeled through RMI can attempt to locate a vehicle. That's ... [Read More]

Credit Union Creates Incentive For On-Time Auto Loan Payments

Nick Zulovich
TUMWATER, Wash. — O Bee Credit Union has rolled out a program to aid customers who made payments on time on their auto loans. What the firm is calling its Pay-n-Save Auto Loan can give borrowers a 1-percent credit off their ... [Read More]

First Advantage CREDCO Enhances Red Flag Solution

Nick Zulovich
POWAY, Calif. — First Advantage CREDCO introduced a new component to its Red Flag Solution that provides dealers with an automated means to draft, rollout, train and report on their identify theft programs required under the new Red Flags Rule. Red Flag ... [Read More]

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