In this episode of The Allied Angle, Jeff Marsh, President at Millennium Capital and Recovery Corporation, joins the show to talk about the evolving world of asset recovery. Jeff discusses how lenders can navigate today’s challenges in skip tracing and repossession, the role of technology and compliance, and how Millennium’s award-winning approach helps clients recover assets with transparency and efficiency.
Learn more about Millennium at https://nationwiderecoverymanagers.com/
This podcast is sponsored by Millennium Capital and Recovery Corporation.
In this episode:
00:55 Get to know Jeff.
03:01 The evolution of the asset recovery industry over the past decade.
05:17 Key challenges for lenders in today’s recovery environment.
06:20 How is the current economic climate influencing skip tracing and repossession volumes?
07:34 Top compliance risks lenders must manage
09:55 How Millennium helps clients maintain a careful balance in borrower communications.
13:06 Effective technologies for optimizing skip tracing
14:30 Balancing AI and automation without sacrificing human oversight at Millennium.
16:41 What is TRACKR and how does it provide real-time data and visibility to lenders.
17:21 The trends shaping the future of asset recovery.
19:40 Final advice for lenders wanting to optimize their recovery strategy.
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