Thursday, September 12, 2019 - 11:06am

SubPrime Auto Finance News Staff

Kroll Bond Rating Agency spotted typical season deterioration when analysts compiled their observations of the August auto loan indices based on performances in the auto asset backed securities (ABS) market. Analysts said in their report released this week that collateral performance in KBRA’s Non-Prime Auto Loan... Read More

Wednesday, September 11, 2019 - 12:04pm

SubPrime Auto Finance News Staff

With the threat of security breaches haunting companies large and small, Recovery Database Network (RDN) is taking steps to ensure its systems connected with repossessions and recoveries are safe. The division of KAR Auction Services announced it achieved the six components that go into Veracode Verified Team Status... Read More

Wednesday, September 11, 2019 - 11:59am

SubPrime Auto Finance News Staff

Hudson Cook welcomed its newest partner this week. The firm announced that attorney Mark Rooney has joined Hudson Cook as a partner in its Washington, D.C. office. His practice focuses on the defense of consumer litigation under the Fair Debt Collection Practices Act (FDCPA), Telephone Consumer Protection Act (TCPA),... Read More

Wednesday, September 11, 2019 - 11:58am

SubPrime Auto Finance News Staff

It’s no longer just a hunch emanating from dealerships and finance companies that the Consumer Financial Protection Bureau and state attorneys general are working together. The CFPB made an official announcement to the fact on Tuesday. The bureau, working in partnership with multiple state regulators, launched the... Read More

Tuesday, September 10, 2019 - 10:43am

SubPrime Auto Finance News Staff

The Federal Trade Commission closed its settlement case with a dealer software provider involved in a data breach but not before accepting a public comment from the National Automobile Dealers Association, which took a broad view of the developments. Late last week, the FTC approved a final order settling charges... Read More

Monday, September 9, 2019 - 11:31am

SubPrime Auto Finance News Staff

AUL Corp. is aiming to keep its website as technologically advanced as the modern vehicles often covered by its F&I programs. AUL just launched a new streamlined website following its recent addition of GAP and ancillary product offerings. AUL chief information officer Jose Fleites said in the coming months, the... Read More

Monday, September 9, 2019 - 11:29am

SubPrime Auto Finance News Staff

Protective Asset Protection is looking to get dealership personnel — especially individuals who work in the F&I office — reinvigorated about their jobs. The provider of F&I programs, services and dealer-owned warranty company programs recently said that it recognizes the significant importance of... Read More

Friday, September 6, 2019 - 11:08am

SubPrime Auto Finance News Staff

Two F&I product providers that might be familiar to nearly 15,000 dealerships are joining forces via an acquisition. This week, Amynta Group, an insurance services company and provider of warranty protection products, entered into an agreement to acquire American Auto Guardian (AAGI), another provider of protection... Read More