Skip-tracing and collections expert Alex Price recently resigned his position as executive vice president at MasterFiles to take on new industry challenges. Price didn’t specify exactly where his career was heading next, only divulging that, “Stay tuned. Change is coming.” Price has been a panelist several times a wide array of industry events, including North […] [Read More]

Victory Recovery Services (VRS), a provider in the financial services space for skip tracing and collateral recovery since 1989, recently opened a new branch office in Irving, Texas.  With VRS’ increased presence in the financial services industry as an outsource partner, the company highlighted that it also hired new leadership and incorporated a new software […] [Read More]

My Recovery System (MRS), a software solutions company specializing in the repossession industry, recently hired Bill Sheehan as vice president of client services, bringing more than 20 years of experience working in the financial services and collateral recovery industries to the company. Prior to joining MRS, Sheehan worked at PRA Location Services and The M. […] [Read More]

American Recovery Association officials landed their keynote speaker for the next North American Repossessors Summit coming up in April. Scheduled to appear at the event with the headline sponsor Harding Brooks Insurance is Rocky Bleier, who intends to recap his courageous tale that takes place on the football fields of America and the battle fields […] [Read More]

Thanks to a partnership between AuctionACCESS and wholesale floor planning software provider Sword Apak, the lending partners in Sword Apak’s network are now included in the AuctionACCESS floor plan system. This means that current floor plan availability of lenders in the Sword Apak network can be transmitted to all AuctionACCESS auctions. Additionally, floor plan transactions […] [Read More]

Service provider WebRecon determined auto financing filings still only represented a small amount of the complaints recently sent to the Consumer Financial Protection Bureau. WebRecon chief executive officer Jack Gordon examined the regulator’s database and found the CFPB received 3,443 complaints associated with debt collection in July. That total amount represented a 2.1-percent decline on […] [Read More]

Car Lister, a Web application that can allow dealers and consumers to list, buy and sell new and used vehicles directly from their mobile device, announced a partnership on Wednesday with eLEND Solutions to integrate its online credit application product into the platform. The companies explained that the partnership will provide Car Lister’s network of […] [Read More]

Joining the journey first started by ACA International, the U.S. Chamber of Commerce as well as the Consumer Bankers Association, recently filed petitions for review in the U.S. Court of Appeals for the D.C. Circuit, challenging several aspects of a declaratory ruling and order issued by the Federal Communications Commission this summer that officials believe […] [Read More]

The vehicle recovery sector of the automotive business is arguably one of the most difficult areas of the industry to navigate. The lines cross between areas such as financial compliance and consumer protection, with state and federal regulations governing every step of the way. As part of our inaugural Remarketing & Used-Car Industry’s 40 Under […] [Read More]

When Experian Automotive discovered the Top 10 most popular new vehicles leased during the second quarter, a reason why these models were included became apparent. In most cases, the difference in average monthly payment between a lease and an installment contract was at least $100. Here’s the rundown of those models and payment metrics according […] [Read More]