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
MAFS Introduces New Marketing Initiative
Nick Zulovich
ATLANTA — Taking advantage of the recent President's Day, Manheim Automotive Financial Services rolled out a new marketing initiative throughout the company's auctions that features larger-than-life replicas of past presidents. MAFS officials said this is the first national advertising campaign the ... [Read More]
Finance Express Responds to DealerTrack Lawsuits
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express reported that it responded to DealerTrack's lawsuits by filing counterclaims, which are pending in the court system. The legal battle concerns the property rights over computer-implemented credit application routing systems and methods of ... [Read More]
Top Financial Execs To Share Knowledge at iRemarketing 2.0
Nick Zulovich
CARY, N.C. — Remarketing executives from the nation's top banks and financial institutions are among some of the industry leaders to sign on to actively take part in the upcoming iRemarketing 2.0: The Next Generation of Remarketing Technology Conference. The executives ... [Read More]
Regional Lenders Can Be Just as Important as National
Nick Zulovich
MATTHEWS, N.C. — While many dealers may be more familiar with the national companies that support the subprime industry, the smaller, regional companies can be just as fruitful when it comes to getting that credit-challenged customer behind the wheel. Here's an ... [Read More]
Westlake Financial Names Newmark President
Nick Zulovich
LOS ANGELES, Calif. — Westlake Financial Services recently named Bruce Newmark as president. He succeeds James Vagim, who has served as Westlake's president since 1998. Prior to this new role, Newmark served as the company's chief operating officer, overseeing all aspects ... [Read More]
DealerTrack Gains New Patent, Sues Other Lender Platforms
Nick Zulovich
LAKE SUCCESS, N.Y. — Shortly after being awarded a U.S. patent related to its online credit application processing product, DealerTrack used the patent to file an additional patent infringement action against RouteOne and Finance Express in the U.S. District Court for ... [Read More]
Thanks for Your Support
Nick Zulovich
Dear Industry Friends: We hope you're enjoying SubPrime Auto Finance News and our weekly e-newsletter, SubPrime News Update, as much as we enjoy producing them. As we approach the half-year mark, we want to thank everyone in the industry for ... [Read More]
Industry Veterans Launch Indirect Nonprime Auto Lending Company
Nick Zulovich
DENVER, Colo. — When Centrix Financial was affected by regulatory actions against its primary clients, credit unions, several of the top executives behind the company decided to leverage their experience by branching out to establish a new indirect nonprime auto lending ... [Read More]
Lead Provider Launches Web-Based Auto Finance Center
Nick Zulovich
SAN RAMON, Calif. — BlueSky Marketing Group recently launched an online consumer auto finance center, "Powered By myAutoloan.com." The "Powered By" Web site, blueSkyautofinance.com, provides consumers online auto finance solutions and franchise auto dealers approved customers that are ready to buy. ... [Read More]
AutoUSA Enters into the Subprime Lead Business
Nick Zulovich
FORT LAUDERDALE, Fla. — Thanks to dealer demand, AutoUSA recently introduced a new program that provides special finance leads to its dealer partners that work in the subprime industry. "Providing special finance leads to dealers is a brand new service for ... [Read More]
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