Guest Editorial
Compliance is an interesting phenomenon in the industry today! I call it a “phenomenon” because that word means “Wonder”, “Marvel”, or “Spectacle”, and that’s exactly how I see compliance.
Compliance is this sort of unknown quantity, and everyone involved with it interprets it in a different way. One lender’s compliance is another lender’s non-compliance. Some vendors treat it with great respect, and others treat it like a scene from an old TV police drama, with a “Move along folks! Nothing to see here!” attitude. The number of interpretations of compliance is as numerous as the companies claiming to have all of the compliance answers.
Read More!
More Stories
The Registration Gap: A Compliance Brief for Repossession Industry Stakeholders
Vermont; Another Brick in the Data Privacy Wall
The Cost of Doing Everything Right
Feeding Stray Cats – When Settling Becomes the Problem
Recovery Completed – Lawsuit Pending
The Repossession Industry’s Missing Asset: Institutional Memory