Post Tagged with: "The Roadmap"

How ABS Credit Enhancements Are Masking Subprime Risk [PODCAST]

How ABS Credit Enhancements Are Masking Subprime Risk [PODCAST]

Podcast, Risk February 26, 2018 at 11:30 am

Multiple subprime auto securitizers are coming to the market with lower average Fico scores, longer terms, and higher loan-to-value ratios than their previous issuances. Yet, these deals are being rewarded with higher ratings. Joseph Cioffi, a partner at Davis & Gilbert LLP, has identified a fair amount of risk inRead More

AutoGravity to Add Security Features to Auto Loan App, CTO Says [PODCAST]

AutoGravity to Add Security Features to Auto Loan App, CTO Says [PODCAST]

Best Practices, IT, Operations, Podcast January 23, 2018 at 11:04 am

AutoGravity is prioritizing the implementation of new security features for its mobile app as part of its digital roadmap this year, in addition to exploring uses for biometrics, the company’s new Chief Technology Officer Sheng Wang said during episode 6 of The Roadmap. One of the natural “blocking points” inRead More

Alternative Deal Structures Gain Ground [PODCAST]

Alternative Deal Structures Gain Ground [PODCAST]

Best Practices, IT, Podcast, Risk December 21, 2017 at 10:08 am

Alternative deal structures — in which lenders can offer potential borrowers with multiple finance options in response to a single credit request — are becoming more prominent as borrowers continue to seek instant credit decisions, said Scott Hendriks, director of product management for auto originations at Fiserv. “There are manyRead More

Security Service Adjusts Underwriting to Optimize Success [PODCAST]

Security Service Adjusts Underwriting to Optimize Success [PODCAST]

Best Practices, Management, Operations, Podcast, Risk October 30, 2017 at 10:52 am

Security Service Federal Credit Union attributes its No. 1 overall ranking in the 2017 Auto Finance Performance report to managing success by focusing on dealer and member service, and not by trying to gain marketshare, said the credit union’s Executive Vice President and Chief Lending Officer Charles Goss. “What weRead More

Subprime Defaults Rise as Nonbank Competition Increases [PODCAST]

Subprime Defaults Rise as Nonbank Competition Increases [PODCAST]

Best Practices, Operations, Payments, Podcast, Risk September 18, 2017 at 11:08 am

Subprime auto defaults reached $1.8 billion as of June, making up about 80% of all defaults in the market, Michael Vogan, automobile economist in the credit analytics department at Moody’s Analytics, said during Episode 2 of The Auto Finance Roadmap. Last month, The Center for Auto Finance Excellence — sister siteRead More

Center for Auto Finance Excellence Launches New Monthly Podcast

Center for Auto Finance Excellence Launches New Monthly Podcast

Best Practices, Operations, Podcast, Risk August 14, 2017 at 11:40 am

The Center for Auto Finance Excellence, the sister site to Auto Finance News, is pleased to announce its inaugural episode of The Roadmap — a new monthly podcast series, which will cover best practices and trending topics in auto finance. For the first episode of The Roadmap, we host ChuckRead More