Federal & state regulators revisit elder financial exploitation
Tuesday, Dec. 10, 2024, 10:32 AM
S&P Global Ratings offers 2025 forecast, answers worldwide economic questions
Monday, Dec. 9, 2024, 11:18 AM
PODCAST: Experian connects vehicle collateral quality with defaults
Friday, Dec. 6, 2024, 10:41 AM
PODCAST: Latest views on fraud & ransomware with Point Predictive’s Frank McKenna
Friday, Jul. 19, 2024, 10:17 AM
SubPrime Auto Finance News Staff
Point Predictive’s Frank McKenna returned for another episode of the Auto Remarketing Podcast for a discussion about what’s happening on the fraud front. McKenna recapped his keynote appearance at this year’s Non-Prime Auto Financing Conference hosted by the NAF Association ... [Read More]
Kontos: ‘Inflation dragon has not been slain’
Thursday, Jul. 18, 2024, 11:08 AM
Nick Zulovich, Senior Editor
While members of the Federal Reserve spoke publicly this week about movements associated with inflation and data that’s indicating them, ADESA chief economist Tom Kontos was a little more hesitant when giving his assessment about inflation to Cherokee Media Group. ... [Read More]
ARA reacts to Supreme Court overturning Chevron Doctrine
Wednesday, Jul. 17, 2024, 02:02 PM
SubPrime Auto Finance News Staff
The American Recovery Association board sent an industry message this week, reacting to the Supreme Court’s 6-3 decision overturning what’s been widely known in legal circles as the Chevron Doctrine. ARA first gave a brief explanation of what the Chevron ... [Read More]
Hellman & Friedman becomes majority investor in Safe-Guard
Wednesday, Jul. 17, 2024, 11:05 AM
SubPrime Auto Finance News Staff
Safe-Guard Products International announced this week that it has closed on a majority investment from Hellman & Friedman, one of the world’s largest private equity firms. Specific financial details were not included in a news release from the provider of ... [Read More]
F&I Sentinel partners with defi SOLUTIONS, helping mutual clients with compliance needs
Wednesday, Jul. 17, 2024, 11:04 AM
SubPrime Auto Finance News Staff
F&I Sentinel finalized a partnership with defi SOLUTIONS on Tuesday in a move designed to increase efficiency and accuracy through automation, while improving F&I product compliance for auto finance companies, dealers and product providers. Through the partnership, defi XLOS and ... [Read More]
US Court of Appeals sets time for CARS Rule arguments
Monday, Jul. 15, 2024, 11:17 AM
Nick Zulovich, Senior Editor
Hudson Cook partner Eric Johnson made a clever quip on LinkedIn late last week. “So, Friday is typically a slow news day? Think again,” Johnson wrote in this post because the U.S. Court of Appeals for the Fifth Circuit closed ... [Read More]
Line\5 & MenuMetric integrate to streamline F&I product selection
Monday, Jul. 15, 2024, 11:15 AM
SubPrime Auto Finance News Staff
Line\5 announced a new integration with MenuMetric last week in a move the service providers said can generate a seamless and efficient experience for both dealerships and their customers. This strategic partnership aims to enhance the efficiency of F&I product ... [Read More]
Dealertrack index for June shows more credit tightening
Thursday, Jul. 11, 2024, 10:42 AM
SubPrime Auto Finance News Staff
First, Edmunds highlighted how much negative equity and lengthening terms surfaced within auto financing booked during the second quarter. Then, Cox Automotive pointed out how difficult it might have been to get approved for auto financing at all last month. ... [Read More]
Open Lending adds another insurance provider to boost Lenders Protection
Wednesday, Jul. 10, 2024, 11:58 AM
SubPrime Auto Finance News Staff
Open Lending Corp. is looking to help consumers land both auto financing and car insurance. The provider of risk analytics solutions for financial institutions announced on Wednesday a partnership with Securian Financial Group in a move designed to enable Open ... [Read More]
Trust Science & Conecta partner to help finance companies find ‘invisible prime prospects’
Wednesday, Jul. 10, 2024, 11:57 AM
SubPrime Auto Finance News Staff
Two service providers now are collaborating to help finance companies build originations with “invisible prime prospects.” On Tuesday, Trust Science and Conecta Marketing Group announced a strategic partnership. The companies explained Trust Science’s artificial intelligence-powered credit decisioning platform will enhance ... [Read More]