PODCAST: Executives on subprime market & 2025 expectations
Monday, Jan. 13, 2025, 11:29 AM
ARA & MBSi partner to streamline compliance mandates in repossession & recovery
Monday, Jan. 13, 2025, 11:29 AM
Vitu finalizes acquisition of Dealertrack registration & titling businesses from Cox Automotive
Friday, Jan. 10, 2025, 10:59 AM
Reynolds Director to Address Dealer Compliance Issues
Tuesday, Sep. 22, 2009, 12:00 AM
Nick Zulovich
DAYTON, Ohio — Dealers concerned with regulatory issues in the auto industry may want to attend the F&I Management and Technology Conference and Expo, which is featuring director of compliance Terry O'Loughlin from Reynolds and Reynolds. "Across the board, dealers I've ... [Read More]
Nicholas Financial Opens New Ohio Office
Tuesday, Sep. 22, 2009, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — Nicholas Financial recently announced the opening of a new branch office in Akron, Ohio. The new location continues the company's planned expansion of its branch office network, which now includes, 49 offices in Florida, Georgia, North Carolina, South ... [Read More]
CPS Issued Deficiency Notice from Nasdaq
Tuesday, Sep. 22, 2009, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced it received a staff deficiency letter from Nasdaq on Sept. 15 stating the company has failed to comply with the minimum bid price of $1.00 as required by Rule 5450(a)(1). Under the rule, which affects ... [Read More]
DBRS Says C4C Proves Vehicle Demand Remains, But Consumers Remain Cautious
Tuesday, Sep. 22, 2009, 12:00 AM
Nick Zulovich
NEW YORK — According to U.S. Structured Finance, the market for auto loan asset-backed securities has been slowly coming back. This market has been helped in part by the Federal Reserve's Term Asset-Backed Lending Facility, officials indicated. "Also the re-emergence of ... [Read More]
F&I’s SCS Auto Integrates with Impact’s Fusion Menu
Thursday, Sep. 17, 2009, 12:00 AM
Nick Zulovich
CHICAGO — The less time a car buyer has to spend in a dealer's finance or service office, the more likely the person is to be a repeat customer. That's the goal behind The Impact Group's selection of the SCS Auto ... [Read More]
Hudson Cook Attorneys to be Honored by AFSA
Thursday, Sep. 17, 2009, 12:00 AM
Nick Zulovich
HANOVER, Md. — The two veteran attorneys of Hudson Cook are scheduled to receive the American Financial Services Association's 2009 Distinguished Service Award. Fittingly, the honors will be bestowed upon the firm's founding partners, Tom Hudson and Robert Cook. "I know of ... [Read More]
Zoot: Simply Cutting Originations to Lessen Risk Doesn’t Work
Thursday, Sep. 17, 2009, 12:00 AM
Nick Zulovich
BOZEMAN, Mont. — Zoot, a provider of advanced instant credit decisioning and loan origination solutions, recently discovered that financial institutions are having a lot of difficulty with their credit risk policy development due to the quickly changing times. More specifically, part ... [Read More]
Wolters Kluwer Launches RefundOne Q4 for BHPH Dealers
Thursday, Sep. 17, 2009, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced this week that it has launched RefundOne Q4. This program is the latest edition of the company's tax estimation solution for buy-here, pay-here dealerships, allowing them to estimate a customer's 2009 federal tax refund ... [Read More]
Florida Ford Franchise Says It Thrives on Used Sales
Tuesday, Sep. 15, 2009, 12:00 AM
Nick Zulovich
GAINESVILLE, Fla. — The vice president of Santa Fe Ford, based in Gainesville, Fla., reports that his store didn't need Cash for Clunkers to maintain strong sales. While the store used to pay money for bad credit leads, he says this ... [Read More]
Carolina Automotive Resource Announces New Partnership, Expanded Team
Tuesday, Sep. 15, 2009, 12:00 AM
Nick Zulovich
WILMINGTON, N.C. — Carolina Automotive Resource Services recently announced a new partnership that may aid dealers in acquiring their target customer without having to pay for the service up front. The company has joined forces with www.igotmycar.com to help dealers find a specific set of ... [Read More]