Compared to the lease or loan origination process, the servicing process is far more complex. It can last years, and …
COMPARING LOAN SERVICING VENDORS FOR VALUE AND CUSTOMER SATISFACTION
Lenders who are considering upgrading their loan servicing software typically go through the process of comparing the architecture, capabilities, and …
defi REMARKETING RECOGNIZES INDIANA AUTO AUCTION AS 2020 AUCTION OF THE YEAR
During what was an already remarkable year, Indiana Auto Auction (IAA), based in Ft. Wayne, IN, demonstrated itself, once again, …
HOW OUTSOURCING DURING COVID HELPED LENDERS MANAGE THE DISRUPTION
COVID-19 was extremely disruptive to anyone involved in auto lending and leasing. The economic uncertainty caused by job losses, the …
OPTIMIZE YOUR VEHICLE REMARKETING STRATEGY WITH THESE FOUR TIPS
When you can’t sell a vehicle to the lessee at the end of the lease or you know there’s no …
THREE UNANTICIPATED AUTO LENDING TRENDS IN 2020
In late 2019 many industry publications highlighted the expected auto lending trends for 2020 anticipated by J.D. Powers, Fitch, and …
A VEHICLE AUCTION AND DISPOSITION FAQ FOR CREDIT UNIONS
For many credit unions, vehicle auctions detract from their core financial focus. The complex relationships between auction houses and transporters, along with volumes of off-lease vehicles and repossessions, are motivating credit unions to seek greater efficiencies.
defi REMARKETING EXTENDS AUCTION OF THE YEAR TO ADESA CINCINNATI/DAYTON FOR THE SECOND YEAR IN A ROW
For the second time in as many years, defi SOLUTIONS’s defi REMARKETING has presented its Auction of the Year Award …
VEHICLE REMARKETING SERVICES FOR COMMUNITY BANKS
Lending and leasing for vehicles can involve remarketing off-lease and repossessed vehicles. At the end of those contracts, many community banks simply want to obtain maximum value for the pre-owned vehicles in the most efficient manner.
5 KEY BENEFITS OF PARTNERING WITH A THIRD-PARTY VEHICLE REMARKETER
By Brandy Bissett The vehicle remarketing process can pose challenges to lenders of all sizes. Managing a sudden increase in …
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