Auto Finance News is pleased to present The Roadmap, the podcast on best practices and trending topics in automotive lending and leasing. If you are in auto finance, this is your podcast.
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Auto Finance News produces the following leading industry events: the Auto Finance Innovation Summit, the Auto Finance Risk Summit, and the Auto Finance Summit, the industry’s premier event.
Weekly Wrap: Tackling compliance ambiguities in auto finance
The auto finance industry has recently seen the removal of certain ambiguities in compliance and regulation practices.
The U.S. Supreme Court, for one, clarified the definition of an automatic telephone dialing system in its April 1 decision of Facebook v. Duguid.
Examining effective specialty recovery processes in auto finance
Lenders are coming face to face with the ever-growing need for a strategy for effective specialty recoveries, and no two auto lenders are alike. Auto portfolios have unique complexities and process dependencies that cannot be solved with simple adjustments. These processes require alignment throughout multiple departments to maximize recoveries, and ultimately provide the best survivor experience.
Weekly Wrap: Inventory woes ripple into incentive spending, monthly payments
Last week, the Auto Finance News editorial team examined the decrease in incentive spend in February and rising monthly payments in the new- and used-vehicle market, two trends that are likely to continue to be fueled by constricted inventory. Looking forward, will inventory concerns continue to push down incentive spending and increase monthly payments?
Weekly Wrap: Pass-through agreements and the upside of chip shortages
Last week, Global Lending Services entered into a pass-through agreement with Nissan Motor Acceptance Corp., and a report from Moody’s Investors Services outlined the upside of the semiconductor chip shortage for securitized loans the auto finance industry.
In this episode of the Weekly Wrap, Associate Editor Amanda Harris and Editor Joey Pizzolato discuss the top stories of last week, and what to expect in the coming days.
Weekly Wrap: Where do EV batteries fit into auto finance?
Last week’s Auto Finance Innovation Summit brought the nation’s top lending and leasing executives together to discuss the changing role technology plays in the customer journey. And while many agreed that antiquated legacy systems pose a barrier to innovation, the increased use of data and analytics, connected car technology, and auto finance’s role in electric vehicle adoption present significant opportunities for the industry to leverage technology.
But how should lenders start thinking about EV batteries as they relate to residual values, and what barriers might auto financiers encounter as they try to leverage data and analytics? This, and more, in this week's episode of the Weekly Wrap.
Weekly Wrap: How significant are affinity partnerships in auto finance?
Last week, Navy Federal Credit Union, the nation’s largest credit union in auto loan volume, announced a new affinity partnership that allows it access to digital retailer TrueCar’s online marketplace of new and used vehicles.
Many auto lenders and mobility companies, including Global Lending Services and HyreCar, have entered affinity partnerships with established digital retailers, in response to the shift in consumer buying habits. But what — if anything — are lenders sacrificing by relinquishing marketplace control, ownership and development to a third party? How might loan volume increase as a result of affinity partnerships?