Repo Remarketing Partners with Vendor Transparency Solutions for Online Compliance Monitoring

Repo Remarketing Inc. will partner with Vendor Transparency Solutions to provide an online compliance-monitoring portal for its nationwide recovery and remarketing services, the company has announced, saying the VTS platform will help mitigate losses and decrease risks for credit unions and their members.

“Legal requirements and compliance issues are important for both lenders and service providers,” says Claudia Plascencia, senior vice president of sales for Repo Remarketing. “Repo Remarketing continues to take the steps necessary to assist its client base to work more effectively. This partnership brings compliance and technology together on a robust platform for the protection of our many partners.”

Compliance and compliance monitoring are priorities for Repo Remarketing, Plascencia says. The company chose VTS because of the company’s knowledge of the compliance and ethics needs of the industry, its familiarity with regulatory guidelines, and its secure online platform, which provides true transparency and live monitoring of service providers and their compliance-related documents, audits and inspections.

“Repo Remarketing was one of the very first national service providers to submit to the VTS compliance vetting and monitoring process,” says VTS President Max Pineiro. “They realize the regulatory pressures that their clients face in this new era, and they are taking the necessary steps to assist them in reaching the highest level of compliance. They are truly one step ahead and leading by example.”

Founded in 1998, Repo Remarketing Inc. provides nationwide repossession, recovery and remarketing services, including transportation, inspection, valuation and post-sale reporting. To learn more, contact Claudia Plascencia at 916.725.2708 ext. 105 or at ClaudiaP@reporemarketing.com, or go to www.reporemarketing.com.

 

Strategic Link is the NWCUA’s wholly-owned service corporation, using the power of aggregation to provide the Association’s member credit unions with exclusive high-quality, competitively-priced products and discounted services. Contact Director of Strategic Partnerships Craig Reed today to find out how Strategic Link can help your credit union save money while meeting its goals in 2013 and beyond: creed@nwcua.org.

Posted in Compliance, Marketing & Communications.