PAR North America chose an executive with almost two decades of industry experience to be its vice president of sales and client relations. According to a news release distributed on Thursday, the business unit of KAR Global announced the appointment ... [Read More]

Experian’s Q1 2021 State of the Automotive Finance Market report illuminated many attributes about the contracts originated during the opening quarter of the year, including how outstanding balances now are approaching $1.3 trillion as well as metrics based on geography. ... [Read More]

The American Recovery Association (ARA) is again leveraging its relationship with Bassford Remele to offer repossession agents a free webinar to discuss an important operational element — data privacy. In an attempt to help repo agents avoid a potential exposure ... [Read More]

Getting auto financing over the finish line to vehicle delivery already can be complex. When the potential buyer falls within the confines of the Military Lending Act (MLA), it can become even more complicated. Marci Kawski, a partner in the ... [Read More]

Along with highlighting how total outstanding balances are approaching $1.3 trillion, Experian’s Q1 2021 State of the Automotive Finance Market report also delved into some metrics based on geography. Experian pinpointed the average credit score of used-vehicle paper bought in ... [Read More]

Originations aren’t the only part of auto financing accelerating nowadays. Stephen Bisbee, founder of eOriginal, which is now part of Wolters Kluwer, appeared on the Auto Remarketing Podcast to explain why securitizations are accelerating again as an attractive option for ... [Read More]

Escalating vehicle prices are impacting auto-finance data, too, as Experian’s Q1 2021 State of the Automotive Finance Market report showed outstanding balances jumped 10.3% year-over-year from $1.168 trillion to $1.288 trillion. So, SubPrime Auto Finance News posed this one to ... [Read More]

LAUNCHER.SOLUTIONS wants to provide a smooth communication path from application to underwriting and then on to funding and delivery. The technology provider specializing in originations recently announced the release of its new product offering, appTRAKER CONNECT for its clients using ... [Read More]

This week, GWC Warranty welcomed an experienced executive to be its new senior vice president of sales. With a strong track record of managing top-performing territories, developing new channels of business, and building revenue-producing relationships, GWC said James Virgoe will ... [Read More]

Wrongful repossessions might be the most heartburn-inducing, headache-creating part of auto finance. Offering an assessment of the current landscape of recoveries and more on this episode of the Auto Remarketing Podcast is Sabrina Neff, a partner in the Houston office ... [Read More]