Tag: repossessions

Auto lenders must creatively prioritize servicing and collections initiatives as recovery rates fall to historically low levels across the industry, ...

The Consumer Financial Protection Bureau is proposing a new annual data collection initiative that, if approved, is poised to cost ...

Profitability woes continue to prompt vehicle recovery agencies to shutter operations leading to longer recovery times amid rising repossession volumes. ...

An Illinois bill requiring repossession agencies to wipe consumer data from vehicles before they leave repo lot will go into ...

Declining subprime auto finance market share is contributing to a higher-quality credit mix industrywide and helping to offset rising defaults ...

Repossession agents are facing headwinds as they try to meet growing lender demand, and the situation is now drawing the ...

Auto lenders need to take a close look at their repossession policies and procedures as regulators home in on the ...

Houston-based repo agency Automobile Recovery Bureau has seen a 15% year-over-year increase in repossession volume as recovery requests continue to ...