It’s been quite a while since most credit unions have had to worry about managing their liquidation and loss expectations in large volumes. Since we have experienced an economic downturn without record loan modifications, most credit unions are either inexperienced in or not equipped to forecast their losses. But with the shifting winds of the economy is likely coming a wave of repossession inventory like no one has seen since the Great Recession. The need to prepare yourself for this tsunami of inventory with DataSway’s auto portfolio management product Valise is now!
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