Mitigating Recovery Risk

Lenders have been foregoing repossession and deferring accounts in large numbers since the COVID-19 explosion in March of this year. In the coming...

Where Sub-prime Lenders Can Incorporate Predictive Modeling for Loans

Sub-prime lenders must sense the famous saying all the time nowadays, because the more things change, the more they stay the same. Sure, the...

What’s the Deal with Prequalification Anyway?

Everyone wants to find ‘good’ customers, and as a result, customer acquisition strategies are always front of mind. One popular tool is to allow...

Vehicle Depreciation is Rising: Managing Risk in Non-Prime Portfolios

The demand for vehicles has been strong post-recession, and lender portfolios have grown, helping to serve the demand for consumers in financing vehicles. The...

AI Models, Like Children, Require Supervision

In January 2018, Google Photo inadvertently created an image that went viral on Reddit. Google Photo has an artificial intelligence (AI) application that merges...

Support your Local CFO: Part II

Part II: Preparing for CECL In mid-2016, FASB issued their final guidance on the accounting for loss provision, which requires SEC registrants to accrue in...

Support your Local CFO: Part I

Part I: CECL is coming! By Daniel Parry One of my favorite actors of all-time is James Garner. Some of the younger crowd may only remember...

Will the Real AI Please Stand Up?

I had successfully avoided jury duty my entire adult life, until April of last year. The courtroom was cramped and a bit run down....

Maximizing Return – Don’t Trip Over Dollars to pick up Pennies

Shortly after I graduated from college, I worked as a manager for a large retail electronics chain that was rapidly expanding across the United...

The Auto Finance Outlook for 2019

From January 2016 to October 2018, the Dow Jones Industrial Average increased from 16,000 to over 26,000, representing a period of unprecedented growth in...