Archive for November 2018
ALS Resolvion Announces Webinar Series Aimed at Spreading Best Practices
Charlotte, NC, October 25, 2018 – As part of its ongoing efforts to put a spotlight on the repossession industry, ALS Resolvion (ALSR) has announced the launch of their “Insights” webinar series with the first webinar scheduled to launch on Wednesday, November 28, 2018. The webinar series will aim to provide the lending community with…
Read MoreRepo Agent Effort – In Today’s Environment, Expect To Get What You Pay For
The relentless drive to reduce repossession related costs while, at the same time meeting the demands/expectations of regulators, may be catching up with us. As one of the largest repossession management firms, we stay very close to the dynamics of the marketplace and we have become concerned about the current situation and even more concerned…
Read MoreAuto Repossession: Vendor Score Carding Strategies
We surveyed over 100 auto lenders in regards to vendor score carding strategies. Here’s a visual look of the results. 67% of auto lenders use nationwide repossession management companies to manage their asset recovery 70% score card their vendors while 30% don’t 78% give their repossession vendors score cards on a monthly basis 17% give…
Read More5 Benefits of Adding a National Repossession Management Partner – Have your cake and eat it too
Over the past several years, there has been a very clear trend by lenders towards the utilization of repossession management firms (forwarders) to manage the rising complexity of repossession related activities. Today, the vast majority of the top 100 auto lenders in the country rely primarily on this model. However, the proliferation of the model…
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