More evidence that consumers maintaining their monthly payments for their vehicles is continuing to wobble arrived this week from Kroll Bond Rating Agency (KBRA). In its latest analysis looking at the automotive securitization market, KBRA found that December remittance reports ... [Read More]

Clashes involving repossession agents, forwarders and finance companies recently brought Jeremiah Wheeler of DRN | MVTRAC into the mix. When agents stopped scanning license plates as a way to create industry attention about repossession fees, the move left Wheeler with ... [Read More]

More opportunities to enhance the insurance opportunities within your dealership finance office recently arrived. DealerPolicy, a leading insurance marketplace for automotive retail, announced a strategic partnership with APCO Holdings, a leading provider and administrator of F&I products and home to the EasyCare ... [Read More]

For captive finance companies interested in buying paper lower on the credit spectrum, assistance is coming later this year from defi SOLUTIONS, which recently announced expansion of its partnership with Open Lending. The service providers highlighted the expansion includes an ... [Read More]

Perhaps executives and managers associated with auto collections, repossessions and recoveries are sending each other messages with a GIF attached featuring the character Michael Scott from the popular TV show, “The Office,” with him yelling, “It’s happening!” According to December ... [Read More]

Santander Consumer USA is looking to be a financial resource not just in vehicle deliveries. Coinciding with the Martin Luther King Holiday, SCUSA announced on Monday that it is partnering with technology and community nonprofit Comp-U-Dopt to help “bridge the ... [Read More]

It’s a challenge non-prime and subprime auto finance companies face regularly inside their underwriting departments. An application lands from a consumer with a thin credit file or one who isn’t scored at all. Experian and Oliver Wyman recently found expanded ... [Read More]

After the closing of the company’s sale to an investor group led by Warburg Pincus as well as an expansion of its origination strategy last month, more significant changes at Exeter Finance came late on Thursday. The non-prime auto finance ... [Read More]

For the second time this week, StoneEagle elevated one of its internal executives into an expanded leadership role. On Friday, the provider of F&I and service metrics for the past 35 years named Kathy Burns as its new chief customer ... [Read More]

Curt Long, chief economist and vice president at the National Association of Federally-Insured Credit Unions (NAFCU), put the general economy into car terms, explaining in this episode of the Auto Remarketing Podcast if the economy is like a car that’s ... [Read More]