On Thursday, Resolvion officially welcomed a new director of business development, bringing a robust background from different segments of the automotive industry. Taking on this role for the national skip tracing and repossession management company is Nicole Combs. According to ... [Read More]

PassTime is looking to reiterate to the industry that its devices can work well on more than just cars and trucks. This week, the GPS solutions provider announced it was selected as the exclusive partner for Fuel Capital Group, which provides ... [Read More]

It is an interesting time for both lenders and borrowers. The impacts from COVID-19 have been unexpected and far reaching, raising questions for many lenders as their customers seek convenient and applicable repayment alternatives. As delinquencies rise or threaten to ... [Read More]

The ongoing COVID-19 pandemic is keeping the Federal Trade Commission busy. Andrew Smith, who is the bureau of consumer protection director at the FTC, testified at a U.S. Senate hearing on Tuesday. Smith said that to date, the FTC has ... [Read More]

This week, Launcher Solutions announced its third major development since the second half of May. The newest one involved the technology provider specializing in automotive finance originations finalizing an integration partnership with Neo to help finance companies build a stronger ... [Read More]

For what it’s worth amid so much uncertainty nowadays triggered by the coronavirus pandemic, auto-finance defaults are at the lowest point recorded by S&P Dow Jones Indices and Experian going back 10 years. According the data through June released on ... [Read More]

Kroll Bond Rating Agency (KBRA) and S&P Global Ratings continued to use their examinations of the U.S. auto loan asset-backed securities (ABS) market to offer a look not only at that particular segment but also views on what the overall ... [Read More]

Darwin Automotive formed partnerships this week with two other companies in the F&I space. According to news releases from the firms, both EasyCare and GWC Warranty will be a preferred partner for Darwin’s premier F&I menu system, as well as ... [Read More]

Confession time. While taking some graduate degree courses, I struggled mightily with the statistics class. The thought of standard deviations and Z tables still makes me twitch a little. Nonetheless, I took a few moments on Thursday morning to examine ... [Read More]

American Recovery Association president Dave Kennedy didn’t mince words to open a letter he delivered to the industry last week. “We are failing — all of us,” Kennedy wrote. Kennedy used the direct language to introduce the latest endeavor by ... [Read More]