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Archive for November 2019

From the editor: A crisis facing repossession agents

a crisis for repo agents

Article from: SubPrime Written by: Nick Zulovich   DALLAS – While the overall automotive industry might be relatively healthy, no doubt there are dealerships struggling with aged inventory, auctions stressed to keep commercial consignors satisfied and finance companies wringing their hands over compressed margins and wavering portfolio performances. But if you would please indulge me…

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Tim Russi, Former Ally Executive, to Join Resolvion Board of Directors

Atlanta, GA – Resolvion, a leading provider of loss mitigation services, announced today that Tim Russi, former vice chairman of Ally Auto Finance, has joined the company’s board of directors.   Russi joins Resolvion after having spent ten years at Ally where he was responsible for all aspects of the auto finance and remarketing businesses. …

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ALS Resolvion and Del Mar Recovery Solutions Announce Merger

alsr and del mar merge

November 11, 2019 – ALS Resolvion and Del Mar Recovery Solutions today announced the completion of a definitive merger agreement. The combined company will operate under the name Resolvion and will create one of the largest and most efficient repossession management companies in the industry: Over 200 clients, including over 40 of the top 50…

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