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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

Fitch: ’08 Subprime Auto ABS Issuance Crashed; Floor Plan ABS Shut Out of Market

Nick Zulovich
NEW YORK — In its latest report, in addition to looking at the significant performance decline in the overall auto asset-backed securities market, Fitch Ratings said that auto-related ABS, including auto loans, lease/rental, floor plan, motorcycle and truck loans, showed a ... [Read More]

Comerica: Auto Affordability Erodes

Nick Zulovich
DALLAS — The purchase of an average-priced new vehicle took even more weeks of income in the fourth quarter of 2008. In response, consumers are adjusting the types of vehicles they are looking for. More specifically, Comerica Bank's Auto Affordability index ... [Read More]

Exeter Finance Corp. Expands Use of Credit Processing Solution

Nick Zulovich
COLUMBIA, Md. — Credit Management Solutions, a leading provider of credit automation systems for all types of consumer lending, announced this week that Exeter Finance Corp. has expanded its use of the CMSI's Origenate credit processing system to support the growth ... [Read More]

Ohio Launches Auto Financing Program for Low-Income Individuals

Nick Zulovich
COLUMBUS, Ohio — The Ohio Department of Development's Office of Community Services, along with the statewide organization Finance Fund, have introduced the "Cars for Jobs and Diplomas" program. This new initiative is an effort to provide affordable used-car financing and ... [Read More]

Former Head of Summit Acceptance Re-Enters Marketplace with New Subprime Lender

Nick Zulovich
CORNELIUS, N.C. — In an exclusive interview with SubPrime Auto Finance News, the former head of Summit Acceptance, which was ultimately sold to Capital One Auto Finance, announced he is re-entering the subprime business as the chief executive officer of a ... [Read More]

AppOne Launches New Platform for BHPH Dealers

Nick Zulovich
BATON ROUGE, La. — AppOne, a part of Wolters Kluwer Financial Services, announced yesterday that it has launched a new platform for buy-here, pay-here dealerships in conjunction with Global Debt Network's GDNAuto, which is an online marketplace where auto dealers, financial ... [Read More]

CBA Seeks New President

Nick Zulovich
ARLINGTON, Va. — In a statement released this morning, the Consumer Bankers Association announced that it is seeking a new president. Why? According to the group: "On Jan. 7 the Consumer Bankers Association lost its leader of more that 21 years. ... [Read More]

MarkOne Names General Manager

Nick Zulovich
JACKSONVILLE, Fla. — MarkOne Financial's Board of Directors recently named a new general manager. Taking on the position is Joe Giliberto. Bruce Newmark, MarkOne's managing director, said, "Joe's deep and relevant experience, enthusiasm and leadership will make significant contributions to growth ... [Read More]

GMAC’s Bank Holding Status Impacts Its Relationship with GM Dealers

Nick Zulovich
NEW YORK — While overall, GMAC officials appear thrilled to have gained bank holding status, which has opened up the level of credit spectrum the company can fund via the auto division, on the other side of the coin, it also ... [Read More]

Bankruptcies Continue to Mount

Nick Zulovich
Alexandria, Va. — U.S. consumer bankruptcy filings increased again by double-digits in January over the same month in 2008. More specifically, filings jumped by 34.4 percent nationwide in January from the same period a year ago, according to the American Bankruptcy ... [Read More]

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