GUEST EDITORIAL
In the last 10 years lending institutions and asset recovery agencies have seen numerous escalating changes related to the services, products and resources required to compete at the marketplace. The services the agency once used to allow a profit margin, towing, keys and storage fees have been taken/given away The question intrinsic to the business of asset recovery, repossession of mortgaged property, becomes: How can an intangible concept like tracing and repossession of vehicles covered by a defaulted security agreement be turned into a commodity to be packaged, labeled, and sold? Sold often to the lowest bidder.
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