Lenders Need Control Over Gap Waivers they Finance
This can be a touchy subject because of the close relationship that many lenders have with automobile dealers.
This can be a touchy subject because of the close relationship that many lenders have with automobile dealers.
Lenders have begun to realize the shortcomings and administrative hassles common with Collateral Protection Insurance programs using outsourced...
As of April 2, 2018, The Federal Reserve, FDIC and OCC released a new rule raising the full appraisal exemption for Banks on loans at or below...
We're pleased to introduce a comprehensive resource for the financial lending industry by providing bundled lending settlement products and services.
VSI and Gap, or Guaranteed Asset Protection, products are in demand as used car values continue to struggle. Read more about here.
There are more vehicles on the road with negative equity than ever before due to factors, such as longer loan terms and rising depreciation.