Insights Webinars
Webinar: Recent CFPB Consent Order: Implications to Lender Repossession Activity
The CFPB and a major auto finance company recently entered into a Consent Order relating to several of the major lender’s past practices. A number of the issues addressed in the Order related to repossession activity. While this particular action is related to the major lender, the Consent Order gives important clues on how the…
Read MoreWebinar: Using AI and Big Data to Improve Repossession Results
This session will examine the type of analysis and decisions derived from data and will provide insights into how AI is likely to be used to drive better results, greater efficiency and improved compliance in the recovery industry in the future. Here’s What You’ll Learn: Identifying recovery curves to implement timely strategy adjustments Repossession…
Read MoreWebinar: Optimizing the Use of LPR Data
Over the years, the use of LPR technology has had a huge impact on vehicle recovery rates. As the use of this technology has grown, lenders, forwarders and agents have gotten progressively better in using the LPR data to improve repossession performance and efficiency. Seats are limited to the first 100 auto finance lenders. Register…
Read MoreWebinar: All In One Pricing For Repossession Services: Challenges & Strategies
When it comes to auto repossession, the all-in-one pricing model can be used as a potential compliance solution. Over the past 12-18 months, concerns expressed by the CFPB regarding ancillary fees have sparked an interest by lenders around the idea of establishing an all-in-one pricing model. The benefit of eliminating compliance concerns and simplifying the…
Read MoreWebinar: Optimizing Repossession Results Through Effective Vendor Score Carding
Nothing impacts repossession results more than setting up effective competition between your vendors using well-constructed vendor scorecards. The score card techniques used by major vendors have evolved significantly over the past few years, incorporating both recovery and compliance performance. This webinar recording will review several different approaches used by leading lenders and will provide insights…
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