Wrongful repossessions might be the top trigger of migraines or nightmares of executives and managers who oversee collections at auto-finance companies. Expe ...
The Consumer Financial Protection Bureau occasionally issues a publication it calls “Supervisory Highlights.” This publication serves a couple of purposes. It allows the CFPB to show Congress the good ...
With wrongful repossessions costing finance companies and forwarders up to an estimated $1 million annually, MBSi has introduced a solution which significantly reduces lien lost risk and associated ...
The man parked his car in a parking facility at the Columbia Metropolitan airport. Upon returning days later, he was ...
From coast to coast, the United States is a place where this tragedy is repeated far too often. More than 2.2 million vehicles are repossessed annually. A huge number of these seizures violate ...
PLANO, Texas, Aug. 23, 2024 /PRNewswire/ -- HNS Recovery, a leader in the repossession industry, is issuing a rallying cry to all repossession agencies nationwide to unite against the rising tide of ...
Fifth Third Bancorp on Tuesday said it agreed to pay $20 million in fines as part of a settlement with federal regulators on allegations that it wrongfully triggered auto repossessions and opened fake ...