Russi’s upcoming departure among 5 exec changes at Ally
Thursday, April 19, 2018 - 9:30am
Wells Fargo enters consent orders with $1 billion civil penalties
Friday, April 20, 2018 - 11:48am
Friday, April 20, 2018 - 11:48am
Wells Fargo said Friday it has entered consent orders with the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau, under which the company will have to pay civil penalties totaling $1 billion. The consent orders with the OCC and CFPB deal with matters involving Wells Fargo’s... Read More
GrooveCar gears up for annual April Auto Sales Event
Thursday, April 19, 2018 - 12:47pm
Thursday, April 19, 2018 - 12:47pm
Along with an effort to raise awareness and funds for Special Olympics NY, GrooveCar is running its annual April Auto Sales Event starting on Friday through its network of participating credit unions and dealerships. Credit unions in the New York region publicize the event to more than 1 million members with the message... Read More
Zurich now available on Darwin Automotive
Thursday, April 19, 2018 - 12:42pm
Thursday, April 19, 2018 - 12:42pm
Darwin Automotive’s menu for dealership F&I departments became even more robust this week. Darwin announced that it has added Zurich North America’s F&I products to the Darwin core F&I menu, as well as Darwin digital retailing and service menu. “We are thrilled to add access to... Read More
CARS integrates IBEAM into Clearplan repo agent dashboard
Wednesday, April 18, 2018 - 4:13pm
Wednesday, April 18, 2018 - 4:13pm
Another example of industry cooperation in the repossession world came to light on Wednesday. Consolidated Asset Recovery Systems (CARS) announced that the forwarding company has integrated its IBEAM repossession and remarketing compliance portal with the Clearplan dashboard used by repossession agents to manage work... Read More
ENDTRUST rolls out platform to blend forwarding and direct repo models
Wednesday, April 18, 2018 - 11:49am
Wednesday, April 18, 2018 - 11:49am
The auto industry relationship involving Jim Calvert and David Gryglewicz dates back several years, and now the pair has collaborated to form a new company designed to improve repossessions, recoveries and remarketing. This new operation — ENDTRUST — looks to provide all the administration and... Read More
CreditMiner’s soft pull technology part of new Dealer eProcess website product
Wednesday, April 18, 2018 - 11:43am
Wednesday, April 18, 2018 - 11:43am
Dealers now have another option for helping their potential customers learn about their financial capacity as their searching store inventory. Automotive website and digital marketing company Dealer eProcess recently announced that it has signed with CreditMiner for soft pull technology, delivering a brand-new... Read More
Examining how mandatory updates truly impact the recovery industry
Tuesday, April 17, 2018 - 4:58pm
Tuesday, April 17, 2018 - 4:58pm
Data driven insights are increasingly bringing new perspectives on the usefulness of long-established processes and practices. Over the last few years, MBSi Corp. has begun to dive deeply into the tens of millions of repossession-related data points contained within its iRepo database in an effort to discover new insights,... Read More
Ally Financial gives top supplier honor to Primeritus Financial Services
Tuesday, April 17, 2018 - 2:30pm
Tuesday, April 17, 2018 - 2:30pm
A trio of executives from Primeritus Financial Services described how much it meant to receive a special honor from Ally Financial. On Tuesday, Primeritus, a leading provider of recovery management, skip-tracing and remarketing services for the auto finance industry in the U.S., announced that it has received Ally... Read More