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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
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

NABD Announces Agenda, Speakers for Underwriting, Collection Conference

Nick Zulovich
HOUSTON — Ken Shilson, CPA and founder of the National Alliance of Buy-Here, Pay-Here Dealers, reported that the recent meltdown in the subprime mortgage markets and a tightening of subprime credit in the capital markets are moving underwriting and collections ... [Read More]

Payless Teams Up with MyAutoLoan.com

Nick Zulovich
ST. PETERSBURG, Fla. — Payless Car Sales recently announced that it has entered into an agreement with myAutoloan.com to provide a white-labeled, Web-based auto finance center for www.PaylessCarSales.com. "Selling online is all about providing the customer with a transparent and ... [Read More]

J.D. Power: Prime Auto Lenders Expanding Spectrum to Subprime

Nick Zulovich
WESTLAKE VILLAGE, Calif. — Although challenges abound in the subprime housing market, many auto lenders are rolling out full-spectrum credit, covering prime and subprime customers, as competition heats up for market share and dealers demand more services, according to J.D. Power ... [Read More]

Black Book Launches Finance Advance

Nick Zulovich
GAINESVILLE, Ga. — Black Book announced Monday that it has launched Finance Advance, which is a new market-driven value that was designed to establish the appropriate base value financial institutions can use as a basis for advancing funds. The new Finance ... [Read More]

Wolters Kluwer Financial Services Acquires AppOne

Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced it has purchased the AppOne Companies. With the acquisition of AppOne, Wolters Kluwer Financial Services expects to integrate its compliance content with AppOne's leading process automation suite. This will provide the indirect lending market ... [Read More]

Prestige Continues Expansion

Nick Zulovich
SALT LAKE CITY — Thanks to strong dealership response to its product offerings, Prestige Financial Services said it is continuing to provide innovate offerings in the non-prime through deep subprime auto finance marketplace. The company's lending territory also continues to expand, ... [Read More]

GMAC Names COO

Nick Zulovich
NEW YORK — GMAC Financial Services announced it has named a new chief operating officer. Taking that position is Alvaro de Molina, effective immediately. In this newly created role, officials said de Molina will be responsible for GMAC's real estate ... [Read More]

Conference to Bring Bankers Together to Discuss Challenging Marketplace

Nick Zulovich
WASHINGTON, D.C. — Financial service marketers from throughout the country are slated to come together in a forum to discuss ideas about adapting in the changing consumer marketplace at the American Bankers Association Marketing Conference to be held at the ... [Read More]

GE Money’s Warranty Services Partners with AppOne

Nick Zulovich
DENVER — GE Money's Warranty Services division announced it has formed a new partnership with AppOne to provide a technology solution that connects independent dealers with lenders. The alliance was created enable independent dealers access to Warranty Services' vehicle service ... [Read More]

Lenders Respond to Credit Market Woes

Nick Zulovich
NEEDHAM, Mass. — After surveying various lenders, TowerGroup reported that the biggest concern right now of financial service institutions is market volatility, as many lenders are watching the subprime mortgage market to see how the recent downturn plays out and whether ... [Read More]

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