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
How VSC coverage benefits finance companies and contract holders
Monday, Jul. 9, 2018, 03:32 PM
SubPrime Auto Finance News Staff
A recent blog post from GWC Warranty not only reiterated how your dealership customers can benefit immensely from a robust vehicle service contract, but the provider also emphasized how the finance company connected to the retail installment sales contract can ... [Read More]
Zurich adds service adviser training, integrates with MaximTrak Technologies
Monday, Jul. 9, 2018, 03:30 PM
SubPrime Auto Finance News Staff
Along with an integration with MaximTrak Technologies, Zurich North America also recently expanded its menu of services for dealers by adding service adviser training resources. One of the largest providers of F&I products and consultative training for dealerships in the ... [Read More]
KPA Services bolsters F&I offerings with AAS acquisition
Friday, Jul. 6, 2018, 02:35 PM
SubPrime Auto Finance News Staff
Risk management firm KPA Services recently announced that it closed on the acquisition of California-based Auto Advisory Services (AAS). The firm highlighted that its transaction that came to fruition on May 31 strengthens KPA’s F&I offering through the addition of ... [Read More]
LAUNCHER.SOLUTIONS and General Forensics integrate to curtail power-booking
Friday, Jul. 6, 2018, 02:33 PM
SubPrime Auto Finance News Staff
LAUNCHER.SOLUTIONS, a technology provider specializing in subprime auto finance originations, announced a strategic integration partnership with General Forensics with the thought of helping finance companies to operate more intelligently. Playbook, a General Forensics technology, integrates with LAUNCHER.SOLUTION's appTRAKER Loan Origination ... [Read More]
Acquisition pushes Primeritus deeper into powersports space
Tuesday, Jul. 3, 2018, 02:50 PM
SubPrime Auto Finance News Staff
Primeritus Financial Services is looking to be the forwarding company of choice for finance companies that have more than just cars and trucks in their portfolio. Primeritus recently announced the acquisition of Capital Recovery Group (CRG). Based in Tucson, Ariz., ... [Read More]
Former Assurant, GE exec joins AUL as CFO
Monday, Jul. 2, 2018, 02:34 PM
SubPrime Auto Finance News Staff
AUL Corp. president and chief executive officer Jimmy Atkinson continued to bolster the company’s top management team. The administrator of vehicle service contracts recently appointed David Chang to the position of chief financial officer. Chang, who brings more than 20 ... [Read More]
PointPredictive chooses FICO expert to lead artificial intelligence scoring team
Monday, Jul. 2, 2018, 02:33 PM
SubPrime Auto Finance News Staff
PointPredictive recently added to its roster of experts tasked with helping auto finance companies combat fraud and other risks to their operations. PointPredictive announced that Mike Kennedy has joined the company as vice president of analytics to spearhead the growing ... [Read More]
S&P Global Ratings spots 1990s flashback in subprime ABS space
Thursday, Jun. 28, 2018, 03:06 PM
SubPrime Auto Finance News Staff
In some circles, 1990s fashion is back in style nowadays, and S&P Global Ratings is seeing trends within the subprime auto ABS market that resemble the time when Umbro shorts, the discman and tight-rolled pantlegs became popular. According to a ... [Read More]
8 personnel moves at Millennium Capital and Recovery
Wednesday, Jun. 27, 2018, 03:43 PM
SubPrime Auto Finance News Staff
Nationwide recovery management and skip tracing firm Millennium Capital and Recovery Corp. made a total of eight personnel moves this week as five executives ascended into new positions, and three managers joined the company. According to a news release, the ... [Read More]
Pre-approvals remain critical to shoppers during their buying journey
Wednesday, Jun. 27, 2018, 03:39 PM
SubPrime Auto Finance News Staff
The auto financing process certainly has evolved significantly for the days of paper faxes, but Equifax emphasized that pre-approvals and credit checks remain a critical component of the automotive shopping process. Equifax unveiled additional analysis in its ongoing study of ... [Read More]