MBSi and Resolvion Plan to Expand Integration
06/17/2020 – Phoeniz, Az. & Charlotte, Nc. – MBSi Corp. and Resolvion reached an agreement to complete a full integration of Resolvion’s Wombat system with MBSi’s new RecoveryConnect platform. Resolvion recently completed a merger with Del Mar and in doing so created one of the largest repossession/skip management companies in the country. MBSi, which acquired…
Read MoreWhere Sub-prime Lenders Can Incorporate Predictive Modeling for Loans
Author/Source: Non-Prime Times Sub-prime lenders must sense the famous saying all the time nowadays, because the more things change, the more they stay the same. Sure, the industry is in a drastically different place today compared to five or even 10 years ago. Today, there are a bevy of data analytics and technology platforms to…
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 MoreResolvion Launches COVID-19 Customer Support & Risk Mitigation Service for Equipment Lenders
Atlanta, GA, April 06, 2020 – Resolvion, a leading skip tracing and repossession management company, today announced the availability of a new service designed to help lenders manage the flood of deferral/modification requests and, at the same time, better manage the emerging default risk caused by the COVID-19 crisis. The COVID-19 Risk Manager program involves proactive…
Read MoreResolvion Joins Equipment Leasing and Finance Association
Atlanta, GA, February 21, 2020 – Resolvion, one of the nation’s leading skip trace and repossession management firms servicing commercial lenders, has joined the Equipment Leasing and Finance Association (ELFA). The trade association represents over 500 financial services companies and manufacturers. The membership will provide Resolvion with more opportunities for professional development, networking, and access…
Read MoreResolvion Announces New Client Success Department
Carlsbad, CA, February 19, 2020 – Resolvion, one of the nation’s leading skip trace and repossession management firms, announced the launch of its new Client Success Team. The objective of this new initiative is to provide a more holistic and seamless approach to ensuring that client specific requirements are being properly coordinated/met and to generally…
Read MoreEffective Impound Management Strategies
An impounded vehicle is a ticking time bomb. From the moment the vehicle is towed into an impound yard until the moment it is recovered, the clock is ticking. And with every passing second, more money is being lost and more headaches are being created. The fractured nature of the impound industry, from tax notifications…
Read MorePart I of recovery commentary: Skip-tracing strategy and measuring value
Author: Joel Kennedy, NAF Association Source: SubPrime Auto Finance News Editor’s note: This commentary is the first in a series compiled by Joel Kennedy, who is the current president of the National Automotive Finance Association and Chief Operating Officer at TruDecision, looking at the intricacies of repossessions and recovery. The industry that locates borrowers and…
Read MoreResolvion Launches New Specialty Repossession Services
Charlotte, NC, February 03, 2020 – Resolvion, one of the nation’s leading skip trace and repossession management firms, has released a new specialty suite of services. These specialty services were designed to address many of the challenges that lenders encounter in their repossession activities. Resolvion’s specialty services includes the following programs: Rural Area Recovery Bankruptcy…
Read MoreFrom the editor: A crisis facing repossession 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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