The American Repossessor

OnStar data shows mileage of drivers in identical cars can vary by 75 percent 2012-05-16 DETROIT – With the official start of the summer driving season fast approaching, Chevrolet is reminding consumers of some easy ways to maintain their vehicles and drive smarter to help improve fuel economy and save money at the pump. To demonstrate [...]

Customers adapt quickly to convenient account management

In less than one year, the combined number of downloads for AutoTrader.com’s iPhone and Android apps surpassed key milestone.

Automaker recognized for innovative use of advanced steel technologies in Chevrolet Volt body design

Ten Value Buys for Bargain New-Car Shoppers for May 2012

Consumers Were Subjected to Collection Efforts for Magazine Subscription Debts They Did Not Owe, FTC Alleges 5/15/2012 Defendants in a debt collection operation that allegedly sought payment for bogus magazine subscription debts have settled with the Federal Trade Commission . The FTC alleged in its complaint that the defendants knew, or should have known, that some of the [...]

FTC Approves Final Orders Settling Charges that Auto Dealers Falsely Promised to Pay Off Consumers’ Trade-ins, No Matter What They Owed Following a public comment period, the Federal Trade Commission has approved final orders settling charges that five automobile dealers made deceptive claims that they would pay off the remaining balance on consumers’ trade-ins , no matter what [...]

WASHINGTON – The American Bankers Association testified today that the cumulative impact of years of added regulations has reached the tipping point, dramatically increasing compliance costs and threatening the future of community banks. William B. Grant, chairman and chief executive officer of First United Bank of Trust in Oakland, Md., testified on behalf of ABA [...]

Marchionne unanimously chosen as the Large Tier Michigan Manufacturer of the Year – Michigan Manufacturer of the Year Awards program held in conjunction with the Michigan Manufacturers Association CEO & Executive Forum

DEARBORN, Mich., May 8, 2012 /PRNewswire/ — Ford will produce nearly 40,000 additional vehicles this summer by reducing its summer shutdown in several North America plants, including six assembly plants, from the traditional two weeks to one The summer production boost is consistent with Ford’s plan to increase annual production capacity by 400,000 Ford Motor Company (NYSE: [...]

Matthew E. Roy is appointed the new Vice President of Human Resources and Administration — Michelle D. Spreitzer succeeds Roy as Vice President, General Counsel and Corporate Secretary

NAME: Greenwood Recovery, Inc. ADDRESS: 1370 West North Avenue, Baltimore, MD 21217 CONTACT NAME:  Burt (Buz) Greenwood, Jr. – President TELEPHONE:  410-383-8000 FAX: 410-523-8336 E-MAIL: bgreenwood@greenwoodgrp.com WEBSITE: http://www.greenwoodgrp.com GEOGRAPHIC COVERAGE:  Maryland, Delaware, Washington DC, Northern Virginia, Southern Pennsylvania INDUSTRY ASSOCIATIONS:  NFA, ARA, TFA, TRPM INDUSTRY CERTIFICATIONS: CARS, CCRS REPOSSESSION SOFTWARE:  RDN – Primary, PRIOS, iRepo/RePros , IRIS, [...]

Do we truly understand that impact the Consumer Financial Protection Bureau (CFPB) will have on the repossession industry?  My guess is not.  Change is coming and the industry needs to be ready for it, sooner rather than later. The Lending Institution have their policies and procedures in place to help them to deal with the [...]

“Surround yourself with the best people you can find, delegate authority and don’t interfere as long as the policy you’ve decided upon is being carried out”.   Ronald Reagan – 40th US President There is so much change going on in the repossession industry that many repossession companies actually miss a great deal of what is happening, [...]