Tag: repossessions

As repossession efforts become more expensive because of elevated fuel costs, lenders are forced to either pay a premium or ...

Recovery agencies are becoming more competitive even with an elevated rate of repossessions as consumers face economic headwinds. Repossession volume ...

The Department of Justice reached a $500,000 settlement with CarMax regarding allegedly wrongful repossessions barely three weeks after Sen. Elizabeth Warren (D-Mass.) claimed that the Trump Administration had ...

Sen. Elizabeth Warren is reviving scrutiny of lenders’ repossession protocols on the heels of rising repo rates.  The Massachusetts Democrat — who serves as ...

Marine lenders must take a state-by-state approach to lien perfection, repossession and deficiency recovery to protect their rights and manage losses amid rising repossessions ...

The volume of auto finance complaints lodged with the Consumer Financial Protection Bureau in 2025 surged 55% even though the agency’s enforcement and ...

An uptick in repossessions, continued affordability challenges and weakened credit performance are top of mind for lenders headed into 2026.   The ...

Vehicle repossessions are growing year over year amid affordability concerns and confusion over the shutdown of several auto lenders. National ...