Listen: Dialing up fraud
For the last two months, the Auto Finance News editorial team has been investigating income and employment loan fraud and...
CFPB: Subprime consumers ‘priced out of the market’
Subprime automotive consumers are struggling with vehicle affordability as high prices and rising interest rates drive up loan amounts and...
Ford makes 7 EV leadership changes, and other staff moves
Ford makes leadership changes Ford Motor Co. announced multiple leadership changes to support the development of its line of electric...
Used RV values fall after 2 months of increases
Recreational vehicle (RV) values dropped in August as auction volumes rose to normal levels following two months of price increases. ...
CarMax Auto Finance originations decline for second straight quarter
CarMax Auto Finance (CAF)’s originations fell 4.2% sequentially in the second quarter of fiscal year 2023 as used-vehicle sales slowed...
Agora Data obtains $100M credit facility from Credit Suisse
Auto fintech Agora Data closed a $100M long-term revolving credit facility last week with investment bank Credit Suisse as it...
Inovatec inks partnership with AI provider Provenir
Cloud-based software solution provider Inovatec Systems is partnering with risk-decisioning software firm Provenir to streamline loan decisioning for lenders. Inovatec’s...
5 questions with … FreedomRoad Financial EVP and Managing Director Tom Collins
Tom Collins, executive vice president and managing director at FreedomRoad Financial, is working to facilitate growth for the powersports lender’s...
