Trends in Auto Loan Servicing No.9
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Stories From the Front Lines of Title Management
The title release process touches the entire automotive buying ecosystem, from wholesale to retail. Loan Service Expert Deshaun Sheppard interviews Manheim’s James Canepari about the challenges they’ve seen first-hand with inefficient and manual processes across the automotive buying ecosystem, and the positive impact that an optimized title management process has on lenders’ loan service operations, dealer sales and cashflow, as well as the consumer experience.
In this 10-minute discussion they cover the good, the bad, and the ugly — and most importantly how Accelerated Title solves these and other challenges with an efficient and electronic process.
Deshaun Sheppard
Loan Service Expert
Adopting a solution like Accelerated Title has far-reaching benefits. It truly buoys the entire auto retailing system, whether a consumer is trading in their vehicle, unexpectedly back in the market due to a total loss event, or dealers are at auction looking to build their used inventory. A streamlined payoff and title release process takes a lot of burden off lender operations, elevates dealer service levels, and helps deliver better consumer experiences.
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Past Articles
Trend No. 1
More Total Loss Transactions.
More Complexity.
Since we already service your titles, optimizing your payoff & title release process is quick and easy.