Open Lending promoted two of its executives this week who have combined to serve the company for nearly 20 years. The provider of analytics, risk-based pricing, risk modeling and automated decision technology for credit unions and other finance companies, announced ... [Read More]

Trust Science gained important branding privileges this week. The company obtained official, exclusive registration over the use of “Credit Bureau 2.0” as a trademark from the U.S. Patent & Trademark Office. According to a news release, Trust Science and its ... [Read More]

S&P Global Ratings senior director Amy Martin recently assembled a report with a title that concisely summarized the current state of auto financing. Martin’s analysis titled, “Speed Bump Ahead: As Auto Loans Accelerate Toward 84 Months, Caution Is Warranted,” reviewed ... [Read More]

One of the most frustrating places where a finance company’s collateral can be during the repossession and recovery processes is the equivalent of “car jail.” To help mitigate risk and reduce that frustration, skip-trace and repossession management firm ALS Resolvion ... [Read More]

F&I product provider RoadVantage hired a new chief financial officer this week. Bringing more than 25 years of senior finance and operational experience to RoadVantage is its new CFO Scott Wolfe, who the company believes also will offer “fresh perspective ... [Read More]

The auto-finance industry went to two of the most readily accessible tools it has to complete new-vehicle deliveries in September as transaction prices for new metal continue to stretch buyers’ purchasing capabilities. As J.D. Power spotted incentives climbing to within ... [Read More]

The Maxim family is embarking on its next endeavor in the F&I space. In a joint news release distributed last week, Hunter Malone, owner of DealerMax, announced the sale of his firm’s assets to Jim Maxim Jr. and Jim Maxim Sr. ... [Read More]

Justin Zane offered vivid imagery to finance company attendees during the opening session of ALS Resolvion’s Innovations in Recovery Summit last week on the topic of updates regarding agencies’ efforts to find vehicles that are out for repossession. “Visualize a ... [Read More]

Two firms finalized an integration this week to make individuals’ credit scores more readily accessible earlier in the vehicle-sales cycle to help dealers and finance companies. CoreLogic, a global provider of property information, insight, analytics and data-enabled solutions, announced that ... [Read More]

Experian determined the 60-day delinquency rate remained almost at the exact same reading year-over-year, with the second-quarter rate coming in at 0.65%. That’s just 1 basis point higher than what analysts spotted after Q2 2018. Experian’s Q2 2019 State of ... [Read More]