Time dwindling to submit public comments about House’s major CFPB reform proposal
Wednesday, Aug. 12, 2026, 11:19 AM
F&I Sentinel, Global Lending Services, CHAMP again among Inc. 5000
Wednesday, Aug. 12, 2026, 11:13 AM
Cox Automotive: Subprime share decreases again in July, as loan terms stay at all-time high
Tuesday, Aug. 11, 2026, 10:16 AM
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
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
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
Triad Financial to Move Headquarters, Relocate 120 Positions
Nick Zulovich
HUNTINGTON BEACH, Calif. — A Triad Financial Corp. spokesperson told SubPrime Auto Finance News this week that company officials have decided to relocate remaining operational functions to their facility in North Richland Hills, Texas. After reviewing business, executives determined the ... [Read More]
Drive Financial Joins RouteOne
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced this morning that Drive Financial Services, which works in the nonprime indirect auto finance industry, has joined the growing number of finance sources on its platform. Drive Financial is a privately held company owned ... [Read More]
Dealers AA Dedicates Subprime Lane to Leases, Repos
Nick Zulovich
PHOENIX, Ariz. — Dealers Auto Auction of the Southwest announced it has created an exclusive subprime lease and repossession lane for its lender clients to run vehicles. These lenders include Lobel and Westlake Financial, in addition to six other subprime ... [Read More]
Credit Acceptance Revamps Web Site
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently launched an updated corporate Web site, which is designed to better benefit dealer clients, investors and customers. The new site was created to be easier to navigate via an updated graphical layout, enhanced ... [Read More]
CPS Sets New Contract Origination Record
Nick Zulovich
IRVINE, Calif. — In addition to discussing second-quarter financial results, Consumer Portfolio Services' officials explained exactly how their business works in their annual report. The company is an indirect specialty finance lender working in the subprime arena. For the second ... [Read More]
MenuVantage Adds Assurant to Network
Nick Zulovich
ORLANDO, Fla. — MenuVantage announced that Assurant Solutions has joined its nationwide network of active F&I providers. The company joins more than 50 other providers, including Protective, A.U.L Corporation, LOTS, Cal-Tex Protective Coatings, SouthwestRe, CNA National, EasyCare, GE, American Financial ... [Read More]
Wells Fargo Auto Finance Names New Divisional VPs
Nick Zulovich
CHESTER, Pa. — Wells Fargo Auto Finance announced it has appointed Todd Cooper, Scott Micale and David Reynolds as divisional vice presidents. During his 17 year career with Wells Fargo, Cooper has held numerous assignments in sales and credit. Cooper ... [Read More]
Hudson Cook Teams Up with GMMDA
Nick Zulovich
HANOVER, Md. — The Hudson Cook law firm announced a new relationship with the General Motors Minority Dealers Association. Hudson Cook, a leading law firm for the auto industry, will begin providing legal services to the GMMDA, writing articles for ... [Read More]
Teres Product Can Integrate Credit Unions into Indirect Auto Lending Platforms
Nick Zulovich
HONOLULU — According to Teres Solutions, which provides direct and indirect lending software to financial institutions, FirstLight Federal Credit Union increased its indirect lending volume by a factor of five with the assistance of its Software Application for Integrated Lending. ... [Read More]
AppOne Names Preferred Provider for Platform
Nick Zulovich
BATON ROUGE, La. — AppOne announced it has selected CIQ Inc./Voisys, an 800 and Internet based lead generation system serving the non-prime, prime and lease markets, as a preferred vendor. The relationship was designed to expand the range of services ... [Read More]
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