Monday, September 24, 2018 - 11:52am

SubPrime Auto Finance News Staff

Coming on the heels of establishing a relationship with defi SOLUTIONS, Black Book also announced a development involving its history adjusted valuations (HAV) data and resources being integrated with DIMONT, one of the largest providers of insurance claims adjusting and collateral loss mitigation services. Under the... Read More

Monday, September 24, 2018 - 11:50am

SubPrime Auto Finance News Staff

The Federal Trade Commission announced consumers — especially individuals who are trying to repair their credit profiles and are concerned about identity theft or data breaches — can freeze their credit and place one-year fraud alerts for free. Under the new Economic Growth, Regulatory Relief, and Consumer... Read More

Thursday, September 20, 2018 - 10:31am

SubPrime Auto Finance News Staff

Automotive Personnel founder and chief executive officer Don Jasensky tackled one of the most challenging work elements facing both employers and employees — financial compensation. Jasensky, who established his human resources firm in 1989, pinpointed what he believes are three key influences on the figure that... Read More

Wednesday, September 19, 2018 - 11:52am

SubPrime Auto Finance News Staff

Here is some good news for auto finance companies involving ongoing concern about fraudulent paper ending up in their portfolios. The operators of websites that sold fake documents used to facilitate identity theft and other frauds have agreed to permanently shut down their businesses as part of separate settlements... Read More

Wednesday, September 19, 2018 - 11:42am

SubPrime Auto Finance News Staff

S&P Dow Jones Indices and Experian determined this week that August defaults remained within the 7-basis-point range analysts have seen for this particular month during the past four years. According to data through August for the S&P/Experian Consumer Credit Default Indices, the auto finance default rate... Read More

Tuesday, September 18, 2018 - 10:28am

SubPrime Auto Finance News Staff

While perhaps not to the scale of some other data breaches, a dealership management software (DMS) provider recently reached a settlement with New Jersey regulators whose investigation found compromised systems. New Jersey attorney general Gurbir Grewal and the state’s Division of Consumer Affairs announced a... Read More

Monday, September 17, 2018 - 11:19am

SubPrime Auto Finance News Staff

Two well-known industry names — Black Book and defi SOLUTIONS — are working together again. On Monday, Black Book announced its history-adjusted valuations (HAV) data and resources will be integrated into an interface with defi SOLUTIONS. Editors explained history-adjusted valuations are a VIN-specific,... Read More

Thursday, September 13, 2018 - 10:38am

Alexander Koskey, Baker Donelson

The Consumer Financial Protection Bureau (CFPB) has issued its final rule adopting changes to Regulation P, which governs the requirements for financial institutions to issue privacy notices to its customers. The final rule implements new timing requirements for sending annual privacy notices pertaining to financial... Read More