Guest Editorial
October 10, 2017 – The year was 2006: the first internet account management software was introduced into the repossession industry. Since that time, the purveyors of different electronic account management systems have been in an all-out economic “war” to corner the market on connecting lenders with repossessors through their own proprietary software systems.
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I was told by 2 major forwarders that if one does not comply with Santander’s mandates they will not be able to receive accounts issued by Santander. This will not prevent you from receiving accounts issued by their other clients. The forwarders I spoke with will not “CUT YOU OFF” per se, you just give up the Santander work. From what I hear they pay it may not be that big of a loss!
▪ Federal regulatory compliance issues in connection with the GLB, the FDCPA and UDAAP requirements for confidentiality, employer control over employees and data security?———-Everyone who has sign up with RCO & RCM be sure to contact MBSI and have them block your agents from the web. With RCM your agent now have the ability to use there RCM logins to log in on IREPO and can see and do almost anything they want.