OneMain Financial is being penalized by the Consumer Financial Protection Bureau (CFPB) for its infractions the regulator found associated with its personal loan business. The CFPB announced on Wednesday that OneMain — which also has a notable subprime auto finance ... [Read More]

Protective Asset Protection recently expanded its F&I professional development program for dealers, with added in-person and online curriculum and an additional new team member for its training team. Protective’s training team created an advanced class for F&I Skills. As the ... [Read More]

Cox Automotive senior director of government affairs Sarah Hunsicker gave both historical background and forward-looking perspectives about electronic lien and title (ELT) processing, which is now mandatory in 13 states. Hunsicker recapped in a company podcast with Deshaun Sheppard, a ... [Read More]

The National Automotive Finance Association began to navigate challenges triggered by COVID-19 like literally the rest of the world in March 2020. Then, matters became tremendously more complicated 15 months later when the only executive director the NAF Association ever ... [Read More]

Tom Hudson might not be practicing consumer finance law on a daily basis nowadays, but accolades continue to be given to the founding partner of Hudson Cook. On Tuesday, the National Automotive Finance Association announced that Hudson has been named ... [Read More]

Messages obtained by SubPrime Auto Finance News during the past couple of days perhaps illustrate how wide-ranging the auto finance landscape currently is. On Friday, Cherokee Media Group received an anonymous tip that Truist Bank and Regional Acceptance were set ... [Read More]

A coalition of 24 attorneys general threw their support behind the Consumer Financial Protection Bureau this week, submitting an amicus brief to the Supreme Court The group is urging the court to overturn a decision by the U.S. Court of ... [Read More]

You can decide how connected the timing of these two auto finance trends are. Cox Automotive reported last week that auto credit availability in April tightened to a point not seen in almost two years. This week, S&P Indices and ... [Read More]

Electric vehicles are steadily gaining share in both the used- and new-vehicle markets. But not every consumer maintains their monthly payments on those EVs. To help repossession agents handle the unique situations EVs present, the American Recovery Association is hosting ... [Read More]

Two technology providers specializing in originations and underwriting announced this week they’re now working together. Launcher finalized an integration partnership with TurboPass, enhancing multi-verification capabilities and simplifying the funding process for mutual finance company clients utilizing Launcher’s appTRAKER Loan Origination ... [Read More]