National Auto Care and RoadVantage each announced this week that executives with nearly 45 years of combined experience joined their management team. National Auto Care, an administrator of vehicle service contracts and ancillary products including the CarMark Certified Pre-Owned Program, ... [Read More]

This week, defi SOLUTIONS rolled out its newest product offering defi SERVICING, a loan management and servicing system (LMS) along with an opportunity for auto finance companies to shape their roadmap for 2017. The company highlighted the defi SERVICING LMS ... [Read More]

Two legal experts told SubPrime Auto Finance News that they were not surprised when the U.S. Court of Appeals for the District of Columbia Circuit last week granted a rehearing request for a case involving the Consumer Financial Protection Bureau. ... [Read More]

Steve Roennau’s automotive career includes time as a training consultant for nearly a half dozen OEMs — Chrysler, General Motors, Ford, Mitsubishi and Hyundai. Roennau’s professional life also includes tenures in important roles at a dealership such as salesperson, used-car ... [Read More]

WalletHub recently released a report highlighting the top 20 cities where consumers took on the largest amount of financing to acquire a vehicle and where they also absorbed the least, generating extreme debt-to-income ratios. In order to identify the cities with the ... [Read More]

While analysts looked to sooth concerns about the bank card default rate reaching a 42-month high, S&P Dow Jones Indices and Experian pointed out that auto finance defaults in January remained at a level typically seen during the opening month ... [Read More]

Consumer Portfolio Services chairman and chief executive officer Brad Bradley not only summarized how his company navigated the fourth quarter, but the outspoken industry veteran also perhaps gave a concise assessment of what’s happening at other subprime auto finance companies ... [Read More]

VisionMenu, a provider of software selling solutions to automotive and powersports dealers, recently released Remote F&I- a remote menu, disclosure and document signing web application that uses vSignature technology to control what a customer views on their smartphone and allows ... [Read More]

The latest auto ABS commentary from Fitch Ratings not only recapped analysts’ look at the December data but also delivered projections for what might happen in this space during the remainder of the year. Looking deeper at subprime auto loan ... [Read More]

Hudson Cook announced the election of three attorneys to the partnership this week. The group includes Robert Gage, Lauren Hunt and Jennifer Sarvadi. Gage helps the firm’s clients solve complex problems with practical advice on legal matters, risk management, and ... [Read More]