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Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here

Michigan Auto Title Service, Recovery Database Network Partner to Help Lenders

Nick Zulovich
SHELBY TOWNSHIP, Mich. — Michigan Auto Title Service and Recovery Database Network announced today that they have started the process of integrating their software products to will allow mutual customers to seamlessly confirm liens and process title requests.   The M.A.T.S. Request ... [Read More]

CarBiz Receives Nebraska License

Nick Zulovich
SARASOTA, Fla. — CarBiz announced that it has received a dealer license for the state of Nebraska. With this approval, the company said it has begun full operations at two Nebraska locations in Omaha. "CarBiz became the fourth largest buy-here, pay-here business ... [Read More]

Federal Reserve Reports on Auto Loan Averages

Nick Zulovich
WASHINGTON, D.C. — According to the Federal Reserve, consumer credit increased at an annual rate of 7.5 percent in November. Meanwhile, revolving credit increased at an annual rate of 11.25 percent and non-revolving credit increased at an annual rate of 5 ... [Read More]

Researchers Explain Why Subprime Loans Default

Nick Zulovich
CAMBRIDGE, Mass. — A recent report from the National Bureau of Economic Research analyzed the trends of subprime auto defaults at a large U.S. financial institution. The data taken into account during the analysis included applications and sales from June 2001 ... [Read More]

GMAC Insurance Expands Product Suite for Dealers

Nick Zulovich
SOUTHFIELD, Mich. — Late last week, GMAC Insurance announced it is launching new additions to its suite of technology-based solutions for dealers. Combined with ongoing training and support, IntelliMenu(SM) and IntelliTracker(SM) provide a state-of-the-art, custom-designed, menu-selling process with the potential to ... [Read More]

RouteOne Reports Increased Partners, More Non-Captive Traffic

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced today that it is entering the new year with 250 finance sources signed to its Web-based credit application management system, up nearly 75 percent from early 2007. "The tremendous growth in the number of finance ... [Read More]

Leedom Group Launches ACH Collector

Nick Zulovich
SARASOTA, Fla. — ACH Collector is the latest addition to the Leedom Group's growing list of product offerings, and is designed to enhance profitability for buy-here, pay-here operators by taking full advantage of the technology their customers are already using. ACH ... [Read More]

ADI Takes F&I Management Training Online

Nick Zulovich
SCOTTSDALE, Ariz. — The Automotive Dealership Institute announced it has taken its F&I management training program beyond the classroom with the addition of an e-learning program.   "This Web-based F&I management course allows busy professionals to pursue their educational goals without having ... [Read More]

First Advantage CREDCO Teams with Market Scan, Helps Minn. Dealers Combat Car Buyer’s Bill of Rights

Nick Zulovich
POWAY, Calif. — First Advantage CREDCO announced Wednesday that it will be providing a suite of prospect lead solutions to Market Scan, a leader in vehicle desking technology for the auto market. Under the agreement, dealers using the Market Scan Desking ... [Read More]

RouteOne, MJL Enterprises Complete Integration

Nick Zulovich
FARMINGTON HILLS, Mich. — This week, RouteOne announced it has completed integration with MJL Enterprises. The RouteOne/MJL Enterprises integration is now available to dealers in the U.S. and Canada, executives indicated. Utilizing MJL Enterprises' program FIRST (Finance & Insurance Reporting & ... [Read More]

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