
Who to Watch: Wayne Ray uses energy cultivated by family & military to make repossession industry better
Wednesday, May. 7, 2025, 02:12 PM

Experts tackle lending-market impact if ‘unease’ creates recession
Tuesday, May. 6, 2025, 10:11 AM

Who to Watch: Why EY’s George wants to be part of transparency in financing
Monday, May. 5, 2025, 10:38 AM
First Data Now Offers Notify Solutions for the Auto Finance Industry
Tuesday, Aug. 21, 2007, 12:00 AM
Nick Zulovich
DENVER — First Data Corp. recently announced that First Data Solutions, its information and analytics unit, is making its Notify Solutions product available to all First Data Solutions clients. According to officials, Notify Solutions provides timely bankruptcy and deceased notifications ... [Read More]
AmeriCredit Continues $500 Million Repurchase Facility
Tuesday, Aug. 21, 2007, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — AmeriCredit announced it has extended its $500 million repurchase facility structured by Barclays Capital. The company said it uses this facility to finance the repurchase of receivables from securitization transactions that have reached the 10-percent clean-up ... [Read More]
NAF Association: Non-Prime Delinquencies Grow
Thursday, Aug. 16, 2007, 12:00 AM
Nick Zulovich
HANOVER, Md. — After questioning a record 28 finance companies on their portfolios and practices, the National Auto Finance Association discovered that almost 75 percent of non-prime originations fell into the credit range of 500 to 679 last year. More ... [Read More]
NADAguides.com, Carloan.com Team Up for Vehicle Financing
Thursday, Aug. 16, 2007, 12:00 AM
Nick Zulovich
COSTA MESA, Calif. — Late Wednesday, NADAguides.com announced it struck an exclusive financing partnership with Carloan.com. Carloan.com covers the entire credit spectrum from prime to subprime. With this service, new- and used-car buyers now have the ability to secure a ... [Read More]
NLEX Adds New Executive
Thursday, Aug. 16, 2007, 12:00 AM
Nick Zulovich
CARLSBAD, Calif. — National Loan Exchange recently announced the addition of Paul Banninger to its staff. Banninger will serve in the role of vice president of sales. Officials said he brings 30 years mortgage lending and real estate collection experience to ... [Read More]
Leedom Announces Topics, Speakers for BHPH Conference
Thursday, Aug. 16, 2007, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — Leedom and Associates recently announced its keynote speakers and topics for the 12th Annual National Special Finance and Buy-Here, Pay-Here Conference, which will be held Oct. 7 to 9 at Caesars Palace in Las Vegas. At this year's ... [Read More]
Flex Fund Boasts More than 300 Wholesale, Salvage Auction Partners After First Year of Business
Tuesday, Aug. 14, 2007, 12:00 AM
Nick Zulovich
YORBA LINDA, Calif. — Flex Fund Financial Services has recently signed operating agreements for inventory financing with 10 new independent auctions. The additional agreements bring the company's total signed auctions to 310, including about 150 whole-car and 160 salvage auctions, ... [Read More]
RouteOne Partners with Fireside Bank
Tuesday, Aug. 14, 2007, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced that California-based Fireside Bank has integrated into its platform. Fireside is a non-prime and subprime finance source. Moreover, Fireside Bank is an FDIC insured and regulated industrial bank with a core business of purchasing ... [Read More]
Experian: Consumers Uncomfortable Making Large Purchases Such as Cars
Tuesday, Aug. 14, 2007, 12:00 AM
Nick Zulovich
COSTA MESA, Calif. — Even though the Experian-Gallup Personal Credit Index rebounded to 95 in July after declining to 90 earlier this year, officials found that a large number of consumers are still uncomfortable making large purchases, such as cars. ... [Read More]
DealerTrack: 2Q Transactions Hit 23.5 Million
Thursday, Aug. 9, 2007, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced that GAAP net income for the quarter came in at $6.3 million, up 35 percent from $4.7 million for the second quarter of last year. Additionally, revenue for the quarter was $58.5 million, up ... [Read More]
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