If recovery industry executives want to sharpen their skip-tracing skills, Alex Price often is one of the first experts called. As a result, Price has taken nearly 30 years of industry experience and created the Skip-Tracers National Certification Program. “What I basically did was take tried-and-true, old-school skip-tracing techniques and melded them with today’s technology […] [Read More]

Financial services technology solutions provider Fiserv revealed its new executive vice president and chief information officer is a former Ally Financial executive. Taking on the role is Cliff Skelton replacing Maryann Goebel, who will serve as an adviser to the company until her retirement on July 1.  In this role, Fiserv indicated Skelton will be […] [Read More]

With more lower-credit buyers in the market, greater access to 72-month financing terms and a decrease in the market share commanded by luxury buyers, the industry’s lease penetration rate slowed down slightly in March, according to J.D. Power and Associates senior director Thomas King. That said, the leasing rate (which came in at 19.7 percent) […] [Read More]

Because of so much interest in a new open-source, freeware version of its IBEAM Web portal coming to the agent and lender community, Consolidated Asset Recovery Systems is planning a free Webinar to explain the product. CARS management will conduct an hour-long session beginning at 3:30 p.m. ET today. The company highlighted this new version […] [Read More]

Auto Data Direct now offers real-time access to 25 state databases for qualified companies such as lenders and repossession agents thanks to the addition of vehicle records from Wisconsin. Currently, ADD offers real-time access data in Alabama, Arkansas, Florida, Georgia, Idaho, Kansas, Louisiana, Maine, Maryland, Kentucky, Michigan, Mississippi, Missouri, Montana, Nebraska, New Mexico, New Jersey, […] [Read More]

Repo Remarketing’s customer survey showed that never in company history has satisfaction with its services been higher. The most recent study conducted in March revealed that 96 percent Repo Remarketing’s customers are satisfied with the services and deliverables. In fact, the survey indicated 45 percent were “extremely satisfied.” Repo Remarketing founder and chief executive officer […] [Read More]

This week, Cars.com selected RoadLoans.com as its exclusive lender for its online customers looking to get pre-approved auto financing as part of their shopping experience. Potential buyers who visit Cars.com, newcars.com or pickuptrucks.com will have the option to select financing as part of their search for a particular vehicle. Once at the Car Financing Center, […] [Read More]

In an effort to deal with an issue brought to the forefront recently with the organization of the Consumer Financial Protection Bureau, DealerTrack revealed today a program that aims to help dealers “more effectively demonstrate their compliance with state and federal regulations.” Audit Protect is now included in the company’s sales and F&I compliance solution. [Read More]

With an economic rebound still tenuous, recovery efforts by finance companies, credit unions and buy-here, pay-here dealers remain a critical part of doing business nowadays. As the industry ventures deeper in 2012, sister publication SubPrime Auto Finance News reached out to several recovery executives to gather their thoughts on how recoveries are evolving. To set […] [Read More]

Since ACA International members approved bylaw amendments and a transition plan for the association’s new governance structure late last month, the collection organization is seeking applicants for 12 available seats on the restructured board of directors. Officials indicated interested candidates should review the application form and campaign rules. ACA’s corporate secretary must receive completed applications […] [Read More]