After sifting through the latest quarterly data, one finding became clear to Satyan Merchant, who is senior vice president and automotive and mortgage business leader at TransUnion. “Affordability remains an issue in the used-vehicle market,” Merchant said in a news ... [Read More]

With an Illinois law related to consumer data protection and repossessed vehicles now in place for several months, MBSi rolled out new capabilities to help repo agents and finance companies. Last week, MBSi added a new data removal feature that’s ... [Read More]

On Wednesday, F&I Sentinel announced the successful completion of its acquisition of Express Recoveries from Cox Automotive that was first revealed less than a month ago. The F&I risk management solutions provider said the entire Express Recoveries team that currently ... [Read More]

Open Lending Corp. finalized a pair of partnerships before closing the first month of the year. First, the provider of risk analytics solutions for financial institutions launched a partner integration with CreditSnap, a fintech platform that can allow financial institutions ... [Read More]

Cherokee Media Group joined much of the automotive industry in Las Vegas last week for the conferences hosted by the American Financial Services Association, the National Auto Auction Association and the National Automobile Dealers Association. One of the primary tasks ... [Read More]

As the National Automobile Dealers Association prepared to open NADA Show 2024 in Las Vegas, a development surfaced back in Washington, D.C., that the organization cheered, too. Rep. Kelly Armstrong, a North Dakota Republican in the U.S. House of Representatives, ... [Read More]

Open Lending Corp. offered a glimpse into some of the insights found through its newest study on vehicle accessibility and automotive financing perceptions among near- and non-prime consumers. The report builds on Open Lending’s 2023 Vehicle Accessibility Index, which explored ... [Read More]

LegalShield experts contend consumers’ financial status and optimism might not be so rosy. LegalShield recently released new data suggesting rising financial instability for consumers nationwide. The company’s December Consumer Stress Legal Index (CSLI) increased for the 10th straight month to ... [Read More]

Developers at defi SOLUTIONS took what they called their next step toward continuous improvement this week, building on decades of software development to release defi ORIGINATIONS. With expertise gained from the delivery of two originations systems and honed through close, ... [Read More]

GDS Link announced a strategic partnership with Carleton this week. The potential benefits derive from integrating Carleton’s financial calculations, CarletonCalcs, and lending document generation software, CarletonDocs, within GDS Link’s credit risk decisioning solutions. CarletonCalcs is a suite of configurable payment ... [Read More]