Lenders Creating Headaches on RDN

GUEST EDITORIAL

According to some repossession agencies, recently, some lenders are making direct address changes in the Recovery Database Network (RDN), that are creating safety and efficiency issues. The majority of lenders follow the standard protocol of putting in an update for a new address, but several have recently been just adding the address without a note or call.  The other issue is that there is no history in the “History” tab of RDN showing these changes.

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