Reynolds’ O’Loughlin to Present at NADA Convention
Reynolds and Reynolds’ director of compliance will present a legal and regulatory workshop at the 2013 NADA Convention. He will examine best practices in F&I document creation and review.
DAYTON, Ohio — Reynolds and Reynolds announced Tuesday that Terrence (Terry) O’Loughlin, director of compliance for Reynolds Document Services, will present a legal and regulatory workshop, “Power of Paper: Compliant, Consistent, and Confident,” at the 2014 NADA Convention & Expo, which is scheduled for Jan. 24-27, 2014, in New Orleans.
O’Loughlin is an industry-recognized expert in automobile dealership finance and insurance (F&I) compliance. In his workshop, he will examine best practices in F&I document creation and review. He will offer insights on strengthening F&I form procedures, ensuring compliance and transitioning to electronic forms. He also will provide tips for audits and legal discovery, and will point out common mistakes dealers make with home-grown or customized forms.
O’Loughlin’s presentation will be offered three times:
Jan. 24 from 12:15 to 1:30 p.m. in room 214.
Jan. 26 from 10:30 to 11:45 a.m. in room 214.
Jan. 27 from 10:45 a.m. to noon in room 265-266.
In his role at Reynolds, O’Loughlin is responsible for monitoring and helping ensure the accuracy of Reynolds’ documents used by automobile dealerships, with a major focus in the sales and F&I areas.
Prior to joining Reynolds, O’Loughlin was with the Florida Office of the Attorney General, where he investigated and prosecuted automobile dealers, manufacturers, and finance and leasing companies. He also was the mediator of Florida’s Motor Vehicle Lease Disclosure Act, a statute he helped draft.
More Auto Finance
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Cars a Tad More Affordable
May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.
Read More →
First-Quarter Sees Long Auto Loan Growth
Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.
Read More →
Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →