LAUNCHER. SOLUTIONS has teamed up with VINData to provide its finance company customers with a deeper view into vehicle history, title data, vehicle values and more, all to help them manage risk and decisioning. Through Launcher’s appTRAKER Loan Origination System, ... [Read More]

The acquisition train just keeps gaining steam throughout the automotive industry. The latest momentum builder arrived on Tuesday when TransUnion said it has signed a definitive agreement to acquire Verisk Financial Services, the financial services business unit of Verisk, in ... [Read More]

The Consumer Financial Protection Bureau (CFPB) wants to make it easier for individuals to have a say in how credit bureaus, auto finance companies and other providers of financial services are regulated by the agency. Last week, in an effort ... [Read More]

About a month after elevating two of its current attorneys to be partners, Hudson Cook added to its portfolio legal expertise by welcoming a new partner and two new associates this week. Brought in to reinforce the firm’s litigation and ... [Read More]

Access for all types of auto financing expanded in January, according to the newest Dealertrack Credit Availability Index. But change might be coming with the likelihood of interest rates rising, with one economist calling it a “coin toss” as to ... [Read More]

The National Automotive Finance Association now has its second-ever executive director. The NAF Association announced on Wednesday that Jennifer Martin will be its new executive director, succeeding Jack Tracey, who served in the position since the organization’s formation in 1996 ... [Read More]

Exeter Finance first started to use software from Solifi — formerly known as IDS and White Clarke Group — nine years ago. And this week, the finance company that specializes in non-prime credit decided to continue the utilization. Solifi announced ... [Read More]

If an individual with a less than prime credit background still somehow secured financing for a new vehicle in January, there’s a notable possibility that the installment contract will be underwater for some time, based on record-breaking data Edmunds shared ... [Read More]

If an individual with a less than prime credit background still somehow secured financing for a new vehicle in January, there’s a notable possibility that the installment contract will be underwater for some time, based on record-breaking data Edmunds shared ... [Read More]

Make it seven months in a row that analysts have spotted an uptick in auto defaults. And it’s also the longest upward streak in a decade. The auto portion of the S&P/Experian Consumer Credit Default Indices moved higher again in ... [Read More]