Auto finance defaults are back below the 1-percent level for the first time this year, halting a stretch above that level dating back to last August. This week, S&P Dow Jones Indices and Experian released data through April for the S&P/Experian ... [Read More]

The 2013 indirect auto lending guidance from what was previously called the Consumer Financial Protection Bureau now is officially off the books. On Monday, President Trump signed into law a bipartisan Congressional resolution disapproving a rule that was in the ... [Read More]

The latest information from Equifax reinforced the depth at which finance companies are backing off in their originations within the subprime space. Equifax recently shared its observations of auto finance originations through January. Through that juncture, analysts found that 19.2 ... [Read More]

Don Oliver went into retirement for about a year until he was recently lured back into the vehicle service contract administration business. RoadVantage, one the fastest-growing providers of F&I programs for the automotive industry, announced the addition of Oliver as ... [Read More]

National Automotive Finance Association board member Joel Kennedy leveraged his experience and expertise into a position with a consulting firm broadening its scope into consumer finance. Spinnaker Consulting Group, a national boutique professional services consultancy based in Richmond, Va., will ... [Read More]

Cherokee Media Group (CMG), publishers of Auto Remarketing and SubPrime Auto Finance News, and producers of Used Car Week, the Automotive Intelligence Summit and Auto Remarketing Canada — as well as additional leading auto industry events and media — has ... [Read More]

PointPredictive wants to help auto finance companies to work together to combat fraud, so the firm is deploying an extension of its collaboration endeavors. This week, PointPredictive announced the launch of Fraud Data Exchange, a new cooperative service that can ... [Read More]

TransUnion is putting more resources into fraud prevention. On Friday, TransUnion said it has agreed to acquire iovation, one of the most advanced providers of device-based information in the world, strengthening its position in fraud and identity management. While financial ... [Read More]

Along with some noteworthy developments about how finance companies are striving to improve the quality of paper flowing into their portfolios, the latest monthly U.S. Auto Loan ABS tracker from S&P Global Ratings contains other elements that should delight industry ... [Read More]

When it comes to recoveries, double-digit improvements in certain metrics certainly are attention getters. That’s what Nationwide Skip Experts (NSE) has experienced recently. NSE deployed masterQueue, an enterprise level skip tracing software, across its organization. Since deployment of the software, ... [Read More]