CFPB’s newest Supervisory Highlights detail numerous ‘illegal practices’ in auto finance
Tuesday, Oct. 8, 2024, 10:11 AM
Agora Data reveals 5 members of new financial institutions group
Wednesday, Oct. 9, 2024, 10:59 AM
Automotive Risk Management Partners tries to see potential positives from CARS Rule
Wednesday, Oct. 9, 2024, 11:00 AM
7 trade associations send petition to FCC about TCPA exception during COVID-19
Wednesday, Apr. 1, 2020, 02:07 PM
SubPrime Auto Finance News Staff
Financial-services providers want to reach their customers to inform them about products and programs that can be beneficial during the coronavirus pandemic, and they’re asking for help from the Federal Communications Commission (FCC) to clear a regulatory path. This week, ... [Read More]
UPDATED: Upcoming DRN webinar on post COVID-19 collections, featuring RMA & lenders
Tuesday, Mar. 31, 2020, 07:04 PM
SubPrime Auto Finance News Staff
One of the founding members of the Automotive Intelligence Council is tackling perhaps one of the most daunting challenges ever — how collections will proceed once the coronavirus pandemic subsides. SubPrime Auto Finance News is hosting a free webinar featuring ... [Read More]
CFPB and FTC maintain regulatory endeavors through ongoing crisis
Monday, Mar. 30, 2020, 04:13 PM
SubPrime Auto Finance News Staff
Hudson Cook partner Lucy Morris cautioned the financial-services industry not to set aside completely a task that might have been a top priority before the coronavirus pandemic arrived. “As the public health crisis spreads and worsens, one might think that ... [Read More]
TransUnion: Nearly 60% of household incomes already impacted by COVID-19
Monday, Mar. 30, 2020, 02:58 PM
SubPrime Auto Finance News Staff
On Friday, TransUnion shared its latest information about the depth and speed the coronavirus pandemic is impacting family budgets. TransUnion reported six in 10 Americans (59%) said their household income has been negatively impacted by the COVID-19 pandemic — an ... [Read More]
APCO Holdings releases multiple F&I education initiatives
Monday, Mar. 30, 2020, 02:55 PM
SubPrime Auto Finance News Staff
APCO Holdings, a provider and administrator of automotive F&I products and home to the EasyCare and GWC Warranty brands, announced on Friday that the company will begin providing free access to digital retailing tools and online training courses designed to ... [Read More]
COMMENTARY: What you should know about protecting portfolios in uncertain times
Friday, Mar. 27, 2020, 02:20 PM
Trace Ledbetter, State National Companies
As everyone reading this is well aware, the world is currently experiencing extraordinary circumstances that have upended daily life — now, there’s no such thing as “business as usual.” One question being posed by banks, finance companies and other lenders ... [Read More]
FICO hosting complimentary webinar focused on collections and COVID-19
Friday, Mar. 27, 2020, 01:37 PM
SubPrime Auto Finance News Staff
In light of how collections are being impacted by the coronavirus pandemic, FICO is hosting a free webinar on Tuesday to help the financial services community. Set to be a part of the session are Leah Dempsey, vice president and ... [Read More]
6 federal regulators encourage modifications as Hudson Cook provides collections insights
Thursday, Mar. 26, 2020, 01:01 PM
SubPrime Auto Finance News Staff
While auto-finance providers communicate with their customers impacted by the coronavirus pandemic, six different federal regulatory agencies encouraged institutions to work constructively with borrowers affected by COVID-19 while providing additional information regarding loan modifications. Meanwhile, Hudson Cook partner Anastasia Caton ... [Read More]
Survey: ESG considerations continue to emerge in credit risk management
Wednesday, Mar. 25, 2020, 01:57 PM
SubPrime Auto Finance News Staff
In light of the marketplace nowadays being filled with as much uncertainty since the financial crisis of 12 years ago, a new survey published recently by S&P Global Market Intelligence examined how portfolio management processes have been evolving to account ... [Read More]
ARA offers support to repo agencies as coronavirus pandemic creates confusion
Wednesday, Mar. 25, 2020, 01:36 PM
SubPrime Auto Finance News Staff
The American Recovery Association issued a message late Tuesday, acknowledging the immense problem the coronavirus pandemic is causing when it comes to collections and vehicle repossessions. As more states and municipalities issue stay-at-home orders, ARA has tried to get clarity ... [Read More]