SAN DIEGO — The moment is finally about to arrive. The newest
addition to Used Car Week starts on Tuesday as the SubPrime Forum begins with a
day filled with the latest trends and industry dialogue about vehicle financing
to customers with softer credit histories.

Then coming on the heels of the SubPrime Forum is the Re3
Conference, another day-long event where leading analysts will drill down into
the intricacies of repossessing vehicles and recovering collateral and as much
money as possible.

All of the events take place at the Manchester Grand Hyatt
in San Diego.

Being that the SubPrime Forum is the newest addition to Used
Car Week, organizers wanted to get the event off to a great start.

So handling the chores of the opening keynote address is
Melinda Zabritski, director of automotive credit at Experian Automotive.
Zabritski will give a presentation titled, "The SubPrime Resurgence," sharing an
intense review of the subprime auto finance market for 2013.

Zabritski intends to provide in-depth analysis, unique
insight and market intelligence as to how and why the subprime segment is once
again flourishing and keys to maximizing the market opportunity in 2014.

Her presentation comes on the opening day of the SubPrime
Forum, which is sponsored by Dealertrack Technologies, Fiserv and Black Book
Lender Solutions.

The SubPrime Forum, which also is being orchestrated in
collaboration with the NAF Association, includes a wide array of experts
incorporated into the agenda. Along with Zabritski, the SubPrime Forum is set
to include:

—Ian Anderson, president of Westlake Financial Services

—Charles Bradley Jr., chief executive officer of Consumer
Portfolio Services

—Steve Hall, president and CEO of DriversSelect

—Jonathan Banks, executive automotive analysts at NADA Used
Car Guide

—Mary Benaknin, director of special finance at Mile One
Automotive

—Jeff Bunch, vice president of lender solutions at Black
Book Lender Solutions

—Colin Bachinsky, president of GO Financial

—Jim Bass, president of AutoOne Acceptance

—Greg Goebel, CEO of Used Car University

—Scot Seagrave, president of AFS Acceptance

—Raj Sundaram, executive vice president and group president
of dealer solutions at Dealertrack Technologies

—Jack Tracey, executive director of the NAF Association

"Interest in the SubPrime Forum is coming from all corners
of the automotive industry," Used Car Week chairman Bill Zadeits said. "Having
executives of this caliber is going to make the inaugural SubPrime Forum one to
remember. As more noteworthy developments within this segment of the auto
finance industry come along, the perspective from all of these participants
will provide a great return for attendees."

The SubPrime Forum will provide data, knowledge, insight and
powerful business networking opportunities to spur innovation and drive growth
in the subprime auto finance marketplace.

As the SubPrime Forum winds down and the Re3 Conference
ramps up on Wednesday, a similar subject will fill the presentations of both
Used Car Week events —  the Consumer Financial Protection Bureau.

Discussions about the CFPB will begin in earnest when a
presentation featuring Jack Tracey, the executive director of the NAF
Association and Alicia Tortarolo, a partner with Hudson Cook will discuss the
latest developments associated with the bureau.

Dealer associations, legal service providers and industry
organizations have sought clarity as to how the CFPB plans to determine if
discrimination is taking place within indirect auto lending.

Just before Halloween, a bipartisan group of 22 Senators —
11 Republicans and 11 Democrats — urged the CFPB to be more transparent about
policy guidance it issued for indirect auto lending, which some suggest will
curtail a pro-competitive financing service and may result in increased costs
for consumers.

Then in response last week, Patrice Ficklin reiterated the
CFPB's position. Ficklin is the bureau's assistant director for fair lending.

"The auto bulletin indicated that we are engaged in the same
type of fair lending analysis and scrutiny that our fellow regulators and the
Department of Justice have engaged in for many years," Ficklin said.

"In addition, responsible auto lenders have regularly
engaged in similar analyses to monitor their own lending practices for
compliance with the law," she continued.

Not only will discussion about CFPB compliance when
originating vehicle financing be on the docket today, but the topic will also
reappear several times throughout the Re3 Conference when contract terms are
not met and repossession and recovery measures become necessary.

Moderator Mike Goins of TD Auto Finance will lead a Re3
Conference segment titled, "The Re3 Report: State of the Auto Finance
Industry." Goins — the senior vice president and head of U.S. deficiency
recovery for TD Auto Finance — will be joined by:

—Jeff Anderson, vice president of national auto sales at van
Wagenen Financial Services

—Eric Hurst, vice president of lending and risk at NextGear
Capital

—Brian Smith, assistant vice president at Santander Consumer
USA

—Mike Thurman, partner at Loeb & Loeb

More breakout sessions and workshops fill the remainder of
the Re3 Conference agenda, which can be found here.


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