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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

GMAC to Trim Down U.S. Leases after $716 Mil Pre-Tax Impairment on Off-Leases

Nick Zulovich
NEW YORK — GMAC Financial Services reported a 2008 second quarter net loss of $2.5 billion, compared with net income of $293 million last year. This downswing was largely due to industry-wide declining residual values on its off-lease portfolios in North America. ... [Read More]

NABD Launches Jobs Board

Nick Zulovich
HOUSTON — The National Alliance of Buy-Here, Pay-Here Dealers recently announced the launch of a new BHPH employment bulletin board on its Web site. Prospective employees can post their resumes for free, officials pointed out. Applicants can also request that ... [Read More]

Special Finance Convention Details

Nick Zulovich
SARASOTA, Fla. — During the reception on Monday evening of the 2008 Special Finance Convention, which will be held in Dallas Aug. 17 to 19, an awards ceremony for the inaugural group of inductees into the Special Finance Hall of Fame ... [Read More]

Southern Auto Finance Co. Names Former Ford Credit Exec as President

Nick Zulovich
FORT LAUDERDALE, Fla. — Southern Auto Finance Co. announced late last week that its board of directors has named Brian Switalski as company president. In this role, he will be responsible for executing the Company's day-to-day business activities.  Switalski, a seasoned ... [Read More]

Peak5 Announces New Senior VP of Ops

Nick Zulovich
CENTENNIAL, Colo. — Peak5 recently announced the addition of a new senior vice president of operations. Taking on this role is Todd Klem. Klem has extensive experience managing call center and collection processes over the last 20 years. He most recently ... [Read More]

Westlake Financial Extends National Footprint, Realigns Origination Departments

Nick Zulovich
LOS ANGELES — Westlake Financial Services announced it has expanded into three additional states, including North Dakota, South Dakota and Montana. With these three new states, Westlake said it will now originate auto loan contracts in 34 states throughout the United ... [Read More]

Subaru Dealers Gain New GAP Product for Customers

Nick Zulovich
CHERRY HILL, N.J. — Subaru and Subaru Motors Finance recently announced the launch of a new GAP product for franchised dealers. Subaru Equity Shield is a product designed to protect Subaru customers against unforeseen losses. It is distributed through Subaru ... [Read More]

Ford Credit Hit with Steep Charge on Lease-End Residuals

Nick Zulovich
DEARBORN, Mich. — Ford Motor Credit completed its North America operating lease review over the second quarter and reported today that it is taking a hefty hit after discovering that lease-end residual values will likely be significantly lower than previously expected ... [Read More]

Toyota Financial Services Shuffles Management

Nick Zulovich
TORRANCE, Calif. — Toyota Financial Services announced three major senior executive moves earlier this week, in additional to naming a new chief information officer. All changes are slated to take effect July 28. After nine years of leading the company's finance ... [Read More]

Former GMAC Counsel Joins Hudson Cook

Nick Zulovich
HANOVER, Md. — Hudson Cook LLP recently announced the addition of Thomas Buiteweg as a partner at the firm's Ann Arbor, Mich., office. Buiteweg will focus his practice on federal and state consumer financial services laws, with particular emphasis on automotive financing. ... [Read More]

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