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
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]
RouteOne Facilitates Subprime Growth for Franchises, Independents
Nick Zulovich
FARMINGTON HILLS, Mich. — By taking advantage of RouteOne's ability to process consumer finance applications through both captives and non-captives, special finance dealers working on the franchise side can better grow their subprime business, company executives reported. "The unification of ... [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]
Compli Names Mark Lawler Senior VP, Chief Technology Officer
Nick Zulovich
PORTLAND, Ore. — Compli recently named Mark Lawler as senior vice president and chief technology officer. Lawler comes to Compli from Primavera Systems, which is leader in project management software. At Primavera he served as vice president of ProSight Product ... [Read More]
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