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
Bank of America Joins RouteOne’s eContracting Platform; Aimbridge Integration Begins
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne recently announced that Bank of America is now participating on its eContracting platform. Moreover, the company has launched the first phase of its integration with Aimbridge Lending Solutions so that dealers can now send credit applications for ... [Read More]
DealerTrack Trims Employee Count, Including Senior Execs
Nick Zulovich
LAKE SUCCESS, N.Y. — On Monday, DealerTrack announced a realignment of its work force, which includes reducing the work force by approximately 90 people, or 8 percent, in addition to trimming several executive and senior-level positions. The company currently anticipates annualized salary ... [Read More]
Wells Fargo Cuts 53 Employees at Arizona Auto Loan Center
Nick Zulovich
SAN FRANCISCO — As part of its anticipated merger with Wachovia, Wells Fargo confirmed that 53 employees at its auto loan center in Tempe, Ariz., were cut. As earlier reported by SubPrime Auto Finance News, Wachovia Dealer Services is now handling the ... [Read More]
Annual Consumer Bankruptcies Climb by Double-Digits
Nick Zulovich
ALEXANDRIA, Va. — According to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center, U.S. consumer bankruptcy filings jumped by nearly 33 percent nationwide in 2008 from the previous year. The data showed that the overall ... [Read More]
GMAC Expands Credit Spectrum of Auto Financing
Nick Zulovich
DETROIT — GMAC Financial Services announced it has resumed auto financing for a broader spectrum of U.S. customers as a result of expanded access to funding as a bank holding company. The company said it has modified its credit criteria to ... [Read More]
TransUnion.com: Annual 60-Plus Day Auto Delinquency Climb to Continue
Nick Zulovich
CHICAGO — On Monday, TransUnion.com released its third-quarter analysis of auto lending trends. TransUnion.com found that the national 60-day auto delinquency rate (the ratio of auto loan borrowers 60 or more days past due) increased between the second and third quarter ... [Read More]
Manchester Inc. Emerges from Chapter 11 as Navigator Holdings
Nick Zulovich
ATLANTA — Apparently, as of June, Manchester Inc. is now known as Navigator Holdings, according to a statement that came out Monday. The company and its subsidiaries emerged from Chapter 11 bankruptcy protection June 23, 2008. "Pursuant to the terms of ... [Read More]
ABI: Tenn. Showed Highest Annual Per Capita Bankruptcy Filing Rate
Nick Zulovich
ALEXANDRIA, Va. — Looking at third-quarter and nine-month bankruptcy statistics, the American Bankruptcy Institute reported that the 292,291 total of U.S. bankruptcies filed during the third quarter represent a 34-percent increase over the 218,909 cases filed over the same period in ... [Read More]
AmeriCredit Names New Board Director
Nick Zulovich
FORT WORTH — AmeriCredit recently announced a new member to its board of directors, in addition to retiring $108 million of senior notes due 2015. Becoming a board director is Bruce Berkowitz, meaning AmeriCredit now has 10 board directors. Offering a ... [Read More]
SubPrimeNews.com Continues Double-Digit Growth, Names Top 15 2008 Articles
Nick Zulovich
CARY, N.C. — Along with sharing the top 15 most-read online stories of 2008 and site growth statistics, the SubPrime Auto Finance News staff wishes all its readers a wonderful holiday season. After today, SubPrime Update is going on hiatus until ... [Read More]
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