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What might be next for Amazon Autos
Thursday, Jan. 15, 2026, 03:52 PM
Cherokee Media Group’s Bill Zadeits hosted a fireside chat with Fan Jin, global leader of Amazon Autos, during Used Car Week 2025. Their wide-ranging conversation about the past, present and future of the online platform and its involvement with automakers ... Listen Here
Auto-finance leaders on growth, risk & recovery
Thursday, Jan. 15, 2026, 03:07 PM
It’s a question any business must answer, but it’s especially important in auto finance. How do you balance growth and risk? A trio of industry executives — Mike Goins of TD Bank, Jeff Marsh of Millennium Capital and Recovery and ... Listen Here
Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here

Solutions by Text announces 3 new hires & 1 executive promotion

Wednesday, May. 10, 2023, 11:57 AM
SubPrime Auto Finance News Staff
Last week, Solutions by Text enhanced its leadership team with three new senior level hires and a promotion. The compliance-first provider of enterprise text messaging and payments solutions focused on consumer financial services appointed Danielle Repetti as chief revenue officer, ... [Read More]

PODCAST: Repossessions now highlighted in academia

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Wednesday, May. 10, 2023, 11:56 AM
SubPrime Auto Finance News Staff
What’s sometimes considered to be a dangerous task of repossessing vehicles now has been highlighted in what some might view as the high-brow world of academia. In this episode of the Auto Remarketing Podcast, International Recovery Systems resident Jeremy Cross ... [Read More]

McGlinchey Stafford adds to Calif.-based enterprise litigation & investigations group

legal analysis
Wednesday, May. 10, 2023, 11:51 AM
SubPrime Auto Finance News Staff
This week, McGlinchey Stafford reinforced its enterprise litigation and investigations group in the firm’s Irvine, Calif., office. Joining the firm as members are attorneys Kere Tickner and Michelle McCliman with the pair being supported by paralegal Kirsten Zell and legal ... [Read More]

Subprime softens even more in new-car world

Monday, May. 8, 2023, 04:59 PM
SubPrime Auto Finance News Staff
Dealerships and auto finance companies already were not completing many deliveries and installment contracts for new vehicles with consumers who fell into the subprime and deep subprime credit tiers. Now following the significant jump in interest rates, Cox Automotive pinpointed ... [Read More]

Sound Credit Union now leverages Open Lending to book nearly $3M in paper monthly

Monday, May. 8, 2023, 11:28 AM
SubPrime Auto Finance News Staff
Last week, Open Lending Corp. released the results of a case study that shows how Sound Credit Union grew its direct and indirect automotive finance volume and yield with Lenders Protection. Officials said Sound Credit Union implemented Lenders Protection in ... [Read More]

KBRA promotes 2 executives within structured finance business

Monday, May. 8, 2023, 11:27 AM
SubPrime Auto Finance News Staff
KBRA announced multiple personnel moves on Monday. The ratings agency and observer of the securitizations market for automotive and other industry segments said Rosemary Kelley has been named head of structured finance business development. In this newly created role, the ... [Read More]

FTC goes to Congress seeking additional $160M in annual funding

FTC seeks additional annual funding for employees & IT resources
Thursday, May. 4, 2023, 04:01 PM
SubPrime Auto Finance News Staff
The Federal Trade Commission (FTC) wants a larger operating budget and more personnel, and chair Lina Khan made her case last week during a hearing hosted by the Subcommittee on Financial Services and General Government that’s part of U.S. House ... [Read More]

Gauging auto-finance & consumer impact after Fed’s 10th straight interest rate rise

Thursday, May. 4, 2023, 12:03 PM
Nick Zulovich, Senior Editor
From buying cars to happy hour drinks, inflation, interest rates and a turbulent economy are continuing to leave negative ramifications. And the Federal Reserve just pushed interest rates up another 25 basis points on Wednesday. “All bets are off if ... [Read More]

PODCAST: Safety advice not just for repossession agents

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Wednesday, May. 3, 2023, 11:24 AM
SubPrime Auto Finance News Staff
Todd Case shared some prudent advice during this episode of the Auto Remarketing Podcast about being aware of your surroundings that can help not only fellow repossession agents during assignments, but anyone who leaves home. Case spent more than a ... [Read More]

Despite robust Q1 consumer spending fuel by auto, 3 in 10 consumers feel credit insecure

Revisiting topic of partial payments
Monday, May. 1, 2023, 11:19 AM
SubPrime Auto Finance News Staff
Comerica Bank pointed out that first-quarter consumer spending — which accounts for two-thirds of the U.S. economy — generated its most robust gain since the second quarter of 2021. However, more than three in 10 consumers are experiencing credit insecurity, ... [Read More]
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