CITRUS HEIGHTS, Calif. -

Repo Remarketing selected Vendor Transparency Solutions this week as an online portal compliance monitoring platform.

With the importance on detailed compliance, officials highlighted that VTS offers a platform to serve present and future needs of the industry and aligns Repo Remarketing for the protection and benefit of its many partners.

“Legal, compliance and the Consumer Financial Protection Bureau are an important aspect for both lenders and service providers,” said Claudia Plascencia, senior vice president of sales at Repo Remarketing. “Repo Remarketing continues to take the steps necessary to assist their client base to work more effectively mitigating losses and decreasing risks for their lender client base.

“This partnership brings compliance together through technology on a robust platform for the ease and protection of the many Repo Remarketing partners.” Plascencia continued.

Plascencia emphasized that compliance and compliance monitoring is a process that Repo Remarketing prioritizes and selection in a compliance monitoring platform is just as important.

Knowledge of the compliance and ethics industry and regulatory guidelines, a secure platform that can provide true transparency, live monitoring and knowledgeable support were a few reasons why Repo Remarketing selected VTS to provide this valuable service.

“Repo Remarketing was one of the very first national service providers to submit to the VTS compliance vetting and monitoring process,” VTS president Max Pineiro said. “They realize the regulatory pressures that their clients face in this new era and are taking the necessary steps to assist them and their partners in reaching the highest level of compliance. They are truly one step ahead and leading by example.

“We look forward to assisting Repo Remarketing, their clients and partners in the process.” Pineiro went on to say.

For more information about Repo Remarketing and its services, contact Plascencia at (916) 725-2708, ext. 105.

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