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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
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

Nicholas Financial Struggles Through These Difficult Times

Nick Zulovich
CLEARWATER, Fla. — Like many other portfolio purchasers and servicers during the current economic and credit environment, Nicholas Financial reported that it had a difficult second quarter, with its chief executive officer saying he doesn't expect to witness improvement soon. Overall, ... [Read More]

CBA Automobile Finance Conference Unveils Keynote Speaker, Details

Nick Zulovich
ARLINGTON, Va. — The Consumer Bankers Association announced the keynote speaker for its 29th Premier Automobile Finance Conference & Tradeshow in addition to several other event details. Delivering the keynote address will be Mike Jackson, the chairman and chief executive officer ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Dealer Playbook: 5 Takeaways for Auto Retailers Using AI

The May issue of Auto Remarketing — “Shifting Gears: AI’s Role in Retail Automotive” — explores how top auto retailers...
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RouteOne Introduces New Red Flags Compliance, Fraud-Prevention Solution

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne has launched a new tool, powered by TransUnion, that can help dealers comply with the Federal Trade Commission's Red Flags Rule and also protect themselves from fraud. As most know, enforcement of the Red Flags Rule, ... [Read More]

GDNAuto Expands Loan Portfolio Offers

Nick Zulovich
LOS ANGELES and ALAMO, Calif. — Global Debt Network Automotive told SubPrime Auto Finance News recently that it has added two new loan portfolios for purchase on GDNAuto.com. Among these are a $24 million from a finance company in Michigan and a $21,000 subprime ... [Read More]

Crossbow Group Launches Payment Assurance Tool

Nick Zulovich
IRVINE, Calif. — The Crossbow Group, Inc., recently introduced a new single-source clearinghouse solution for payment assurance systems that is specifically designed for the auto retail and finance industries. Basically, the ReCaP Solution can help lenders boost sales and ensure ... [Read More]

GMAC Confirms It’s Going for Bank Status, Halts Auto Loans in Several Countries

Nick Zulovich
NEW YORK — GMAC Financial Services confirmed today that it is in discussions with federal regulatory authorities seeking bank holding company status under the Bank Holding Company Act of 1956, among other things. As a bank holding company, GMAC explained that ... [Read More]

CEO Talks about Goals for Daimler Financial During Official Launch of Ops Center

Nick Zulovich
FORT WORTH, Texas — Daimler Financial Services Americas officially launched its new, cutting-edge, 164,000-square-foot operations center this week, which employs 550 people and has the capacity for 800. During an outdoor celebration that included all Texas employees, U.S. Congresswoman Kay Granger, ... [Read More]

Completion of Whole-Loan Sale Hurts 3Q Results for CPS

Nick Zulovich
IRVINE, Calif. — In reporting its third quarter results, Consumer Portfolio Services announced a loss, indicating that the company took a hit from its whole-loan sale in September. Basically, officials explained that CPS incurred a loss on the transaction as the ... [Read More]

NADA Cautions Dealers to Be Alert for Fraud Scheme

Nick Zulovich
McLEAN, Va. — The National Auto Dealers Association issued a fraud alert this week, saying that the U.S. Department of the Treasury is investigating cases where individuals are using counterfeit documents that appear to be issued by the Treasury Department to ... [Read More]

First Advantage CREDCO Launches Stacked Credit Report for RouteOne Dealers

Nick Zulovich
POWAY, Calif. — First Advantage CREDCO announced the integration of a new stacked credit report with RouteOne. The stacked credit report, which delivers separate credit reports from one, two or all three national credit bureaus in a single transaction, can help ... [Read More]

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