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F&Iby StaffJanuary 26, 2016

Two Auto Finance Veterans Join SpringboardAuto.com’s Board of Directors

Former executives of Capital One and Ford Motor Credit Co. have joined the board of SpringboardAuto.com, a new direct-to-consumer auto loan platform launched by the former founder of CarFinance Capital.

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F&Iby StaffJanuary 26, 2016

Goebel to Pull Triple Duty at Dealer Summit

Organizers of Dealer Summit have announced that Greg Goebel will lead three of the eight sessions dedicated to special finance at Dealer Summit, which will be held May 3–5, 2016, at the Sheraton Tampa Riverwalk Hotel.

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F&Iby StaffJanuary 26, 2016

2011 F&Idol Winner Joins F&I Think Tank Roster

G.P. Anderson will be one of the featured presenters at F&I Think Tank, a one-day event that will precede Dealer Summit 2016 on Tuesday, May 3, at the Sheraton Tampa Riverwalk Hotel.

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Showroomby StaffJanuary 26, 2016

Recall Masters Adds New Features to Recall Service

The new features are designed to ensure dealers better identify and communicate with existing and prospective customers who own vehicles with open recalls.

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F&Iby StaffJanuary 26, 2016

Automotive Assurance Group Named Top Agent for Warranty Solutions

Automotive Assurance Group has represented Warranty Solutions for over 13 years and achieved top agent status in various categories over the years. However, this is the first year it was named the top producing agent in the country.

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F&Iby StaffJanuary 22, 2016

F&I Trainer Gould Added to Dealer Summit Roster

Organizers of Dealer Summit announced that Gerry Gould, director of training for United Development Systems Inc. (UDS), will lead a session dedicated to F&I product sales at the event, which will be held May 3–5, 2016, at the Sheraton Tampa Riverwalk Hotel.

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F&Iby StaffJanuary 21, 2016

Wells Fargo Reports Record Originations for 2015

Fueled by falling gas prices and record new-vehicle sales, Wells Fargo originated a record $31 billion in auto loans for 2015.

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F&Iby StaffJanuary 21, 2016

Dealertrack Releases 2016 Dealertrack Compliance Guide

The new edition contains new federal laws that have gone into effect this year. It also contains instructions on how dealers can implement a compliance management system, among other features.

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F&Iby StaffJanuary 21, 2016

House Republicans Ask Attorney General to Halt Ally Settlement Payouts

Republican member of the House Financial Services Committee have once again release internal CFPB documents. This time, the documents show that some settlement checks being dispersed as part of the bureau’s $98 million settlement with Ally Financial and Ally Bank have been going to white borrowers.

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F&Iby StaffJanuary 21, 2016

CFPB: BHPH Dealer to Pay $800,000 for Abusive Financing Practices

The Consumer Financial Protection Bureau has taken action against Herbies Auto Sales for abusive financing schemes, hiding auto finance charges and misleading consumers. The buy-here, pay-here operation was ordered to pay $700,000 in restitution and a civil penalty of $100,000.

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