PHILADELPHIA (12/30/08)--Given the volatility of vehicle values, more lenders are using VINtek’s AUTOval portfolio optimization analysis solution, the company said. AUTOval helps lenders determine the underlying collateral value of auto loan portfolios and how the values compare with loan balance amounts. Lenders use the information to determine delinquency rates. “Auto lenders need to have an accurate view of the loan-to-value ratio of the loans on their books,” said Larry Highbloom, VINtek president. “Having this knowledge gives auto lenders the power to proactively make smart decisions to prevent costly delinquencies. “They can work with individuals to modify their loan terms once they have identified borrowers who are, or are in danger of, tripping certain risk metrics,” he added. VINtek’s solution requires an account number and the vehicle identification number to perform the analysis. No limit exists on the number of accounts that can be analyzed. VINtek provides automotive collateral management services and direct auto finance solutions for financial institutions, including credit unions.