Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
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

1Q Bankruptcy Filings Soar

Nick Zulovich
WASHINGTON, D.C. — Bankruptcy filings for the first quarter came in as the highest on record at 193,641, according to the Administrative Office of the U.S. Courts. "This was a 66-percent increase when compared to the 116,771 filings in the ... [Read More]

Fiserv Auto Solutions Integrates with RouteOne

Nick Zulovich
KING OF PRUSSIA, Pa. — Fiserv Auto Solutions announced it has integrated its Loan Origination System with RouteOne. "There are two factors that impact a lender's success in indirect automotive finance: dealer relationships and the ability to quickly respond to ... [Read More]

ABA: 1Q Indirect Auto Loan Delinquencies Up Slightly

Nick Zulovich
WASHINGTON, D.C. — According to the American Bankers Association's Consumer Credit Bulletin, indirect auto loan delinquencies came in a bit higher in the first quarter at 2.73 percent, compared to 2.57 percent in the fourth quarter of last year. Indirect ... [Read More]

Wells Fargo & Co. Names New CEO

Nick Zulovich
SAN FRANCISCO — Wells Fargo & Co.'s board of directors named John Stumpf, former chief operating officer, as the new chief executive officer last week. Officials said Stumpf will retain his title of president, which he had while recently serving ... [Read More]

BHPH Dealers Express Concerns about Untrained Dealers Entering Business, More

Nick Zulovich
NASHVILLE — The competition in the buy-here, pay-here sector is heating up as more and more franchised and independent dealers are testing the waters by jumping into the business to boost profits. During a free-wheeling workshop and discussion at the ... [Read More]

Non-Profit Credit Counseling Firm Shares Bankruptcy Demographics

Nick Zulovich
PORTLAND, Maine — To get a general snapshot of bankruptcy demographics, the Institute for Financial Literacy said it surveyed clients who are in financial distress and seeking credit counseling and financial education. After questioning more than 24,000 Americans seeking their ... [Read More]

Car-Mart and CarMax Report Financial Results

Nick Zulovich
BENTONVILLE, Ark., and RICHMOND, Va. — Buy-here, pay-here auto group, America's Car-Mart, reported that it slowed sales to improve credit quality, which resulted in a decline in revenue and net income for its fourth quarter. Meanwhile, CarMax continued its expansion, ... [Read More]

Financial Services Expert, Hudson Cook Partner Testifies Before Congress

Nick Zulovich
HANOVER, Md. — Anne Fortney, a partner with the Hudson Cook law firm recently testified before the House Committee on Financial Services about furnishers' ability to maintain and report accurate information to credit reporting agencies. Basically, furnishers are any companies ... [Read More]

NABD Slated to Host Underwriting & Collection Conference

Nick Zulovich
Houston — The National Alliance of Buy-Here, Pay-Here Dealers announced the dates for its training conference covering underwriting and collections, which will be held in Houston on Nov. 11 to 13. More than 600 attendees are expected to attend the ... [Read More]

Leedom Names Special Finance, BHPH Conference Speakers

Nick Zulovich
SARASOTA, Fla. — Leedom and Associates recently announced the keynote speakers for its 12th Annual National Special Finance and Buy-Here, Pay-Here Conference, which will be held Oct. 7 to 9 at Caesars Palace in Las Vegas. At this year's event, ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X