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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

VINtek Offers Electronic Lien and Title Program in Georgia

Nick Zulovich
PHILADELPHIA – VINtek recently announced that it is the first authorized service provider of the Electronic Lien and Title program developed by the Georgia Department of Revenue that officially went live on May 22. As such, Georgia has been added ... [Read More]

Unstable Market Conditions Drive Triad Financial to Pull Out of Indirect Lending Market

Nick Zulovich
NORTH RICHLAND HILLS, Texas — Triad Financial stopped all originations via its indirect dealer channel as of May 23, company officials told SubPrime Auto Finance News this week. However, Triad continues to originate loans through RoadLoans, its direct lending channel, executives ... [Read More]

Former Top Auto Finance Execs Join to Establish New Full-Spectrum Indirect Auto Lender

Nick Zulovich
NEW YORK — Sixth Gear Solutions Corp., an independent auto finance company providing financing solutions to dealerships across the United States, today announced its entry into the market with $1 billion in equity and debt financing commitments to fund its ... [Read More]

Peak5 Launches Program to Help Lenders Check Servicing Strategies

Nick Zulovich
CENTENNIAL, Colo. — Peak5 announced the release this week of a new benchmark program designed for auto finance companies to test their internal servicing strategies. The program, Test Drive Peak5, aligns with the goal of finance companies to stay on top ... [Read More]

First Advantage CREDCO Introduces New Bankruptcy Leads Program for Dealers

Nick Zulovich
POWAY, Calif. — First Advantage CREDCO, a provider of automotive sales leads and credit reporting solutions, recently announced the availability of an upgraded bankruptcy leads system. Now integrated with the company's online service center, CREDCOservices.com, participating U.S. dealers can take advantage ... [Read More]

Zoot Launches Instant Credit Decisioning to Help Lenders, Dealers

Nick Zulovich
BOZEMAN, Mont. — Zoot, a provider of advanced instant credit decisioning and loan origination solutions, announced the availability of its automated negotiation system, which is a fully customizable program for lenders that provides dealers with accurate and timely loan information. Basically, ... [Read More]

DAASW to Host Online Sale Only Featuring Subprime Units

Nick Zulovich
PHOENIX — As auto delinquencies and charge-offs ramp up, retaining high recovery rates remains necessary. Equally vital is the need to help dealers serving customers who are running into credit troubles due to the housing fallout. In response to these challenges, ... [Read More]

Large Midwest Auto Lender Joins RouteOne

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced today that Chicago-based Harris, one of the largest automobile finance sources in the Midwest offering an indirect auto business to more than 3,200 dealers in 23 states, has joined the growing roster of finance sources on ... [Read More]

TowerGroup Outlines Successful Strategies for Lenders to Overcome Current Crisis

Nick Zulovich
NEEDHAM, Mass. — TowerGroup's senior analyst of consumer lending recently released a report discussing the current trends and challenges facing the auto lending market and how lenders can successfully circumvent these obstacles. Bobbie Britting reported that auto delinquency rates are growing. ... [Read More]

Van Wagenen Teams Up with AmeriCredit

Nick Zulovich
MINNEAPOLIS — Van Wagenen Financial Services recently announced that it has been selected by AmeriCredit to provide insurance tracking for its auto finance portfolio. "We chose van Wagenen for its technological expertise and extensive experience in insurance tracking and related products. ... [Read More]

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