Archive for the ‘ARA News and Events’ Category
OPENLANE and Recovery Database Network (RDN) to Exhibit, Offer Promotions at North American American Repossessors Summit
REDWOOD CITY, Calif., February 28, 2011 – OPENLANE, Inc., a leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles, today announced continued momentum within its programs and services geared toward providing online remarketing services for recovery agencies, with quarter-over-quarter growth of more than 200 percent in its program during the first year of operation. OPENLANE’s recovery remarketing programs grew 230 percent in the last two quarters of 2010 and that momentum has continued into this year with growth of 360 percent since the beginning of 2011. (more…)
Sign up to participate in phase two of the industry scorecard!
The industry scorecard is an important and innovative tool for the recovery and lending industries. It is an effective way to identify and measure your company’s best-demonstrated practices and how you compare to other companies. Having an industry scorecard gives your company a unique, competitive edge. Your participation is crucial to help raise the standards of the recovery industry. (more…)
The ARA Collateral Recovery and Remarketing Accreditation Program is an important education and training program that will have a positive impact on your business and the industry. This is unlike any other industry training program. Don’t take our word for it. See what lenders and members have to say: (more…)
To: All ARA members and non-members
Last week, we issued a letter letting the industry know ARA is committed to a unified industry and is assuming the responsibility of speaking for the industry. As part of industry unification, we asked all recovery agents to make ARA the one and only repossession trade association they join. As a result of the letter, we have received overwhelming support for our efforts. (more…)
OPENLANE, the leading online wholesale auction in North America, has a limited-time offer for RSPs who list and sell recoveries on OPENLANE.com. List and sell your first recovery on OPENLANE’s Open Auction, and you’ll receive a $400 AMEX Gift Card!* It’s a great way to get started remarketing your recovered collateral – easily and profitably. This offer ends February 28, 2011, so act quickly! (more…)
Unfortunately, the era of negotiations, meetings, and discussions on mergers between the three national repossession associations has ended. There are no further meetings planned, and there are no further negotiations anticipated. If you are not yet a member of ARA, there may never be a better opportunity to become a member and to help unite our industry. (more…)
Summit Challenges Participants to Expand the Future of the Recovery Industry
What:
American Recovery Association, Inc. (ARA), the world’s largest association of recovery and remarketing professionals, presents its premier annual industry event. The summit will provide attendees with a full program of insightful, forward-looking topics lead by key industry leaders. (more…)
Industry Scorecard Sets Standards to the Entire Recovery and Lending Community
Dallas, TX, February 1, 2011 – American Recovery Association, Inc. (ARA), the world’s largest organization of professional finance adjusters and certified recovery specialists, and Subprime Analytics, a leader in performance analysis of subprime portfolios, today announced the second phase of the recovery industry scorecard initiative with compiled data from January 1 to December 31, 2010. (more…)
Mark Floyd, CEO and Vice Chairman of Exeter Finance, is the keynote speaker for NARS 2011. Floyd, former executive of AmeriCredit, will provide insight about loss-mitigation and what it means to recovery agents and the industry. He’ll also discuss how recovery agents can help the industry succeed. This will be a keynote you won’t want to miss! (more…)
NARS 2011 is less than two months away and we have a must-see lineup of seasoned professionals covering topics that will impact your business. Panelists Alison Aerts with Chase, Robert Sandridge with Bank of America, Misty Bliss with Wells Fargo Auto Finance, Bill Walters with Westlake Financial Services, and Jim O’Toole with CapOne Auto Finance will be giving you insight into how their company’s operations will affect how you operate your company. (more…)