Resolvion Insights
At Resolvion, we believe that an important part of our role is to provide our clients with insights into current issues and best practices. To that end, we write articles, sponsor research, survey best practices and host industry events. Visit this section of our site regularly for updates.
Repossession Compliance & the Biden Administration: What Can We Expect?
President Joe Biden’s nomination of Rohit Copra, as the new Director of the CFPB, may bring new challenges to lenders, forwarders and agents if he is confirmed. All will likely have to navigate through intensifying regulatory challenges, according to Hudson Cook partner Eric Johnson, who described the confluence of factors coming together to create a…
Michael Levison Named Chief Executive Officer of Consumer Finance Services
Peachtree Equity Partners names 30-year financial services veteran Michael Levison as Chief Executive Officer of Consumer Financial Services a commercial and consumer collateral recovery and debt resolution company. Levison comes to ALS | Resolvion from ReMark Americas where he served as CEO over the insurance marketing firm’s North and South American business for eight years.…
ALS | Resolvion Announces No Cost Equipment Valuation Service
ALS | Resolvion, a leading provider of collateral recovery services to commercial lenders today announced the availability of a valuation service designed to help clients make more informed decisions regarding whether or not to repossess equipment. The ValueNow service is not intended to provide a detailed valuation of the equipment, but rather to provide an…
Tight Management of the Repossession Process – Today More Than Ever
These are very difficult times for the repossession industry. Most commercial lenders report assignment volume down 60%-80% from the 2008-2009 peak. Many fine recovery agencies are struggling to survive. When times are tough, the temptation to cut corners can be strong. At the same time, regulators are putting more pressure on lenders to take a…
ALS | Resolvion Announces Industry Leading Skip Trace Compliance Program
As the Consumer Federal Protection Bureau (CFPB) starts to turn up the heat on lenders, regulatory compliance by your third party vendors is more important than ever. In fact, the CFPB recently issued guidelines to lenders regarding proper vendor management practices. In order to give our clients complete comfort on this issue, in this rapidly…
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