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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

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]

AmeriCredit Reduces Originations Even Further

Nick Zulovich
FORT WORTH, Texas — AmeriCredit announced Monday that it is further reducing monthly auto loan originations to $100 million and closely monitoring its warehouse covenants in an effort to withstand the difficult operating environment and come through the other side. "With ... [Read More]

Fitch: Subprime Auto ABS Soar to 11-Year High

Nick Zulovich
NEW YORK — While delinquencies on prime auto asset-back securities remained stable in September, subprime auto ABS delinquencies were a completely different story. Fitch Ratings announced today that that subprime delinquencies have reached an 11-year high, possibly paving the way for ... [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]

VW Credit Turns to Reynolds to Replace Contract

Nick Zulovich
DAYTON, Ohio — Reynolds and Reynolds announced that Volkswagen Credit has adopted Reynolds' LAW(R) 553 Universal Retail Sale Contract for use in its consumer financing business, replacing its own proprietary form. More than 900 Volkswagen, Audi and Bentley dealerships in all ... [Read More]

FTC Delays Enforcement of Red Flags Rule

Nick Zulovich
WASHINGTON, D.C. — In order to clear up some confusion and allow creditors and financial institutions more time to implement their policies, the Federal Trade Commission announced Wednesday that it is pushing back the compliance deadline for the Red Flags Rule ... [Read More]

GDNAuto, CU Lending Strike Deal to Help Credit Unions Grow Auto Portfolios

Nick Zulovich
LOS ANGELES and ALAMO, Calif. — Global Debt Network Automotive and CU Lending Solutions have formed a partnership that can allow credit unions to expand their reach into the auto lending business and manage their portfolio risk more efficiently. Basically, the ... [Read More]

National Lenders Examine 3Q Challenges, Results

Nick Zulovich
SAN FRANCISCO, NEW YORK and McLEAN, Va. — As Wells Fargo Financial, Capital One Auto Finance and Chase Auto Finance recently released their third-quarter results, executives from these firms discussed how their companies have fared in light of challenges stemming from ... [Read More]

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