This article is adapted from an earlier version published by Auriemma Roundtables. This DRN edition has been updated for our audience. The Growing Scope of the Challenge Auto insurance fraud remains one of the toughest problems confronting the U.S. insurance market. The Coalition Against Insurance Fraud estimates that fraudulent activity
As the Presenting Sponsor of Used Car Week 2025, DRN, MVTRAC, and SCM are leading the conversation on the future of data, recovery, and technology in the automotive finance industry. From the main stage to the exhibit floor, we are bringing powerful insights, cutting-edge solutions, and live demonstrations that showcase
DRN’s Monitoring, Verification, and Recovery (MVR) program, powered by DRN MVTRAC and SCM, is the industry’s first full-spectrum loss mitigation solution, combining real-time data, automated workflows, and nationwide recovery expertise. Today, it becomes even stronger. Loanbridge data is now integrated into MVR, starting with Impound Monitoring, to expand coverage and
The auto lending market is feeling the strain. Loan balances in the U.S. have climbed to $1.66 trillion*, and delinquencies are on the rise. Most lenders are used to dealing with missed payments or charge-offs, but there’s a newer problem creating even bigger headaches: bust-out fraud. Bust-out fraud may look
The lending industry is facing challenges unlike anything we have seen in years. Auto loan balances have reached a record $1.66 trillion*, and with delinquencies rising sharply, lenders are under intense pressure to protect their portfolios. More than 3 million vehicles are projected to be repossessed in 2025, and below-prime
With ReaperSD LPR cameras reaching End-of-Service (EOS) on August 1, 2025, we want to ensure your operations continue seamlessly with the latest technology. For the first time ever, we’re offering 0% interest financing* on the L5M Mobile HD LPR Camera, allowing us to lower our pricing to approximately $208/month! For
In the financial landscape, lenders and credit unions face significant challenges when vehicles used as collateral are not promptly recovered. Delays in asset recovery can lead to escalating impound fees, rapid depreciation, and increased compliance risks. Recognizing these challenges, MVR offers a comprehensive solution designed to streamline the recovery process,
DRN and MVTRAC were happy to be part of Used Car Week (UCW) by Cherokee Media Group in November. From moderating sessions, facilitating breakouts and hosting special events, we had a productive four days in Las Vegas. UCW continues to be the premiere gathering of leaders from across the used
We had the chance to attend the 2021 Ally Challenge, a one-of-a-kind golf event at the historic Warwick Hills Golf & Country Club in Grand Blanc, Michigan. The Ally Challenge is an official event on the PGA TOUR Champions and benefits local charities. Ally Financial is a leading digital financial
To understand LPR staging, it’s best to look at repossession assignments as two different types (active and passive). An active assignment is a typical assignment a lender would give to a repossession vendor. The repossession vendor is actively looking for the vehicle based on location data provided by the lender.
This article is adapted from an earlier version published by Auriemma Roundtables. This DRN edition has been updated for our audience. The Growing Scope of the Challenge Auto insurance fraud remains one of the toughest problems confronting the U.S. insurance market. The Coalition Against Insurance Fraud estimates that fraudulent activity
As the Presenting Sponsor of Used Car Week 2025, DRN, MVTRAC, and SCM are leading the conversation on the future of data, recovery, and technology in the automotive finance industry. From the main stage to the exhibit floor, we are bringing powerful insights, cutting-edge solutions, and live demonstrations that showcase
DRN’s Monitoring, Verification, and Recovery (MVR) program, powered by DRN MVTRAC and SCM, is the industry’s first full-spectrum loss mitigation solution, combining real-time data, automated workflows, and nationwide recovery expertise. Today, it becomes even stronger. Loanbridge data is now integrated into MVR, starting with Impound Monitoring, to expand coverage and
The auto lending market is feeling the strain. Loan balances in the U.S. have climbed to $1.66 trillion*, and delinquencies are on the rise. Most lenders are used to dealing with missed payments or charge-offs, but there’s a newer problem creating even bigger headaches: bust-out fraud. Bust-out fraud may look
The lending industry is facing challenges unlike anything we have seen in years. Auto loan balances have reached a record $1.66 trillion*, and with delinquencies rising sharply, lenders are under intense pressure to protect their portfolios. More than 3 million vehicles are projected to be repossessed in 2025, and below-prime
With ReaperSD LPR cameras reaching End-of-Service (EOS) on August 1, 2025, we want to ensure your operations continue seamlessly with the latest technology. For the first time ever, we’re offering 0% interest financing* on the L5M Mobile HD LPR Camera, allowing us to lower our pricing to approximately $208/month! For
In the financial landscape, lenders and credit unions face significant challenges when vehicles used as collateral are not promptly recovered. Delays in asset recovery can lead to escalating impound fees, rapid depreciation, and increased compliance risks. Recognizing these challenges, MVR offers a comprehensive solution designed to streamline the recovery process,
DRN and MVTRAC were happy to be part of Used Car Week (UCW) by Cherokee Media Group in November. From moderating sessions, facilitating breakouts and hosting special events, we had a productive four days in Las Vegas. UCW continues to be the premiere gathering of leaders from across the used
We had the chance to attend the 2021 Ally Challenge, a one-of-a-kind golf event at the historic Warwick Hills Golf & Country Club in Grand Blanc, Michigan. The Ally Challenge is an official event on the PGA TOUR Champions and benefits local charities. Ally Financial is a leading digital financial
To understand LPR staging, it’s best to look at repossession assignments as two different types (active and passive). An active assignment is a typical assignment a lender would give to a repossession vendor. The repossession vendor is actively looking for the vehicle based on location data provided by the lender.