Last Friday, Kathleen Kraninger celebrated her second-year anniversary as director of the Consumer Financial Protection Bureau by highlighting more than 70 accomplishments by the regulator during the past 12 months. “In these challenging times, I’m proud of the work that ... [Read More]

Cox Automotive recently launched a new industry measurement called the Dealertrack Credit Availability Index that’s geared to track how the auto-finance market is trending. For the first installment, analysts discovered credit availability continued to improve in November for all types ... [Read More]

The rush of mergers and acquisitions to close 2020 continued on Thursday with a development involving Wolters Kluwer and eOriginal. According to a news release, Wolters Kluwer Governance, Risk & Compliance (GRC) has signed an agreement to acquire eOriginal, a ... [Read More]

TransUnion sees auto-finance companies having less appetite for risk in the coming year. The auto component of TransUnion 2021 consumer credit forecast released on Thursday projected that origination activity in the first and second quarters of next year is expected ... [Read More]

This week, TCN made what it called a “substantial donation” to the Utah Food Bank on behalf of their clients that use its cloud-based call center technology for contact centers and collection agencies. Since COVID-19 has had a significant impact, ... [Read More]

The Ohio Automobile Dealers Association looked to modernize how title work can be completed to help its members navigate market challenges and customer expectations. And OADA turned to Dealertrack for a solution. This week, OADA gave an exclusive endorsement to ... [Read More]

A company that says it’s reshaping asset management using machine learning and big data analytics to manage institutional money now is getting involved with auto financing, too, by leveraging a relationship with a provider that specializes in the subprime market. ... [Read More]

Resolved to continue and even expand its operations following a consent order reached with the Consumer Financial Protection Bureau, US Equity Advantage  launched a new member portal for AutoPayPlus on Monday. The company said that five main features are designed ... [Read More]

GWC Warranty wants dealerships to protect one of their most valuable revenue streams — F&I — so the product provider recently broke down the four components of what it called the “new customer journey.” GWC Warranty went so far as ... [Read More]

The Consumer Finance Protection Bureau recently entered into a consent order with a national lender regarding certain practices related to vehicle repossession. Since the CFPB appears to generally “regulate by enforcement,” lenders can learn valuable lessons by reviewing the CFPB’s ... [Read More]