Archive for June 2019

Managing Risk: Understanding Your Service Providers’ Insurance Coverages

Managing Risk: Understanding Your Providers' Insurance Coverages

There are few actions that a lender takes that has more potential for legal claims than a vehicle or collateral repossession. Ensuring that your service providers have the right types and amounts of insurance coverage is critical to managing the risk.  While your contracts may be clear that the service provider indemnifies your institution in…

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Repo Assignment Management Strategy – A Summary of Best Practices

repo assignment best practices

As one of the largest repossession management firms in the country, we work with most of the largest auto lenders in the country.  Doing so has given us deep insight into the strategies deployed by different lenders.   With many leading lenders, this strategy has been highly refined over the years and is constantly being tweaked…

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Scott Darling Joins ALS Resolvion As Chief Operating Officer

Charlotte, NC, June 03, 2019 – ALS Resolvion, a leading provider of skip tracing and repossession management services, announced today that Scott Darling has joined the company as Chief Operating Officer. Darling joins ALS Resolvion with over 20 years of experience in loss mitigation, collections, and back office operations.  He previously served as SVP at…

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