It’s been a milestone week for Open Lending Corp., which announced the certification of the 1 millionth contract through its Lenders Protection decisioning engine. Company leadership said this achievement underscores Open Lending’s ongoing efforts to empower financial institutions to grow ... [Read More]

The Consumer Financial Protection Bureau (CFPB) recently released a special edition of its Supervisory Highlights, focusing a substantial portion of the auto finance industry-specific report on a longstanding issue: the servicing of auto loans with ancillary or F&I products. The ... [Read More]

Lender Compliance Technologies (LCT) reinforced its executive team on Thursday as the previous Emerging 8 honoree continues to roll out Refund Control, a finance company-managed cloud platform for tracking and managing F&I product cancellations and consumer refunds. Joining LCT as ... [Read More]

Affordability evidently isn’t just a consideration within the subprime market. Experian highlighted on Thursday that affordability also is pushing some prime and super prime consumers to return to used vehicles. That’s just one of the findings included in Experian’s State ... [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with another conversation about product refunds — perhaps one of the most complex parts of auto finance. Nancy Coleman of Stellantis Financial ... [Read More]

It’s been a fall filled with accolades for Credit Acceptance and RoadVantage, which both received honors for their workplaces. While RoadVantage was among the honorees in the Austin American-Statesman’s Top Workplaces recognition program for the fourth time, Credit Acceptance added ... [Read More]

Perhaps this proposal from the Consumer Financial Protection Bureau (CFPB) is an idea that everyone can support. The bureau on Tuesday proposed a rule that it said will rein in data brokers that sell Americans’ sensitive personal and financial information. ... [Read More]