Allied Solutions recently expanded its portfolio of partnerships by aligning with Tracers and Illinois Bankers Business Services (IBBS). On Tuesday, the provider of insurance, lending, risk management and data-enabled products to financial institutions broadened its portfolio again, but this time ... [Read More]

Perhaps your finance company is slightly tightening some underwriting strategy when a contract is first originated at the time of vehicle delivery. But some shops evidently are loosening a bit when refinancing contracts, as RateGenius is seeing the highest approval ... [Read More]

Less than a month after being confirmed as chair of the Federal Trade Commission, Lina Khan gained approval on a partisan vote for the regulator to proceed via a series of resolutions authorizing investigations into key law enforcement priorities for ... [Read More]

Kroll Bond Rating Agency (KBRA) examined how states are modifying their use of federal unemployment benefit programs connected to the pandemic and identified four finance companies whose automotive securitizations might have the most resulting risk exposure. Analysts recapped in a ... [Read More]

Allied Solutions is continuing to forge industry relationships aimed at enhancing output for all firms involved. The newest one with Tracers — a cloud-based public and private records research software — is designed to create an “all-in-one” resource for improving ... [Read More]

When StoneEagle F&I senior vice president of business development Joe St. John worked as a dealership manager, he taped a dime to the phones of store employees in the finance department to remind them of the revenue goal for every ... [Read More]

Santander Consumer USA Holdings (SC) has a significant decision to make. According to a news release distributed just before the Fourth of July weekend, the subprime auto finance company announced that it has received a non-binding proposal from its majority ... [Read More]

J.D. Power and JM&A Group are leveraging their collective finance-industry knowledge, forming a strategic alliance to develop jointly branded F&I products and services for auto dealers and buyers nationwide. Focused initially on a suite of warranties and service contracts designed ... [Read More]

Nortridge Software wants to grow so the company created a new position for an executive who has been with the company for 18 years. This week, Nortridge announced that Bret Davis will fill the newly created role of chief product ... [Read More]

Finance companies appear to be mitigating some risk amid soaring vehicle prices, asking dealerships to collect more in down payments from consumers before the contract enters a portfolio. The second-quarter data compiled by Edmunds seems to reinforce that potential scenario, ... [Read More]