In order to manage risk levels and achieve ongoing profitability, lenders need to use collateral and residuals in the underwriting process. That’s according to a new whitepaper from Black Book’s Lender Solutions division.
The firm found that dealers are willing to pay a premium for high-quality service from finance providers, including dedicated underwriters and dealer-focused sales reps.
Under the agreement, The Warranty Group will continue providing underwriting and actuarial services to Safe-Guard Products International through its wholly-owned subsidiary, Virginia Surety Company Inc.
Equifax’s Advanced Decisioning Attributes is a set of analytical building blocks intended to make predictive underwriting decisions for finance sources.
Old Republic Insured Automotive Services, Inc. (ORIAS), a leading provider of aftermarket products to the automotive industry, is announcing its plan for expansion in the Third Party Administrator (TPA) arena through its insurer, Old Republic Insurance Company.
Dimension Service Corp. (DSC) and National Administrative Service Co. (NASC) announced the merging of their two companies to form Allegiance Administrators LLC.
The National Alliance of Buy Here, Pay Here Dealers (NABD) released a preliminary agenda for its upcoming fourth annual Underwriting and Collections Conference, which will be held in Dallas from Nov. 7-9.
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