The company explained this decision allows LPS to integrate assignment and compliance management into one system so clients can gain added transparency and analytics for improved results. LPS said it strives to maintain the highest compliance standards in the industry, both internally and with its national vendor base. With this announcement, the company added that goal has been taken to a new level. LPS highlighted the combination of RCM and CME not only provides line-of-sight into the compliance status of each agent, but also ties compliance standards down to the assignment level to ensure that vetted, trained, and qualified agents service each assignment. In Skiptrace Pro addition to improving compliance for its vendors, LPS will now be able to provide its clients with real-time transparency and data analytics. With RCM Recovery data, condition reports and client updates will be instantly available to LPS clients, providing the critical information and analytics necessary to make timely decisions regarding collateral. “We have partnered with the MBSi team and their RCM & CME products to move Loss Prevention Services and the industry forward,” said David Cowlbeck, president and chief executive officer of LPS who noted that he has spent more than 20 years in the industry using every system, including proprietary internal systems. “MBSi’s progressive solutions facilitate our vision of utilizing the latest technology to make the collateral recovery process more productive for our clients and vendors,” Cowlbeck said. “We look forward Skiptracing to continuing Skiptracing our quest to be a consultative resource to lenders and the agencies we work with to provide excellence in service, compliance and growth.” Cort DeHart, manager of corporate strategy for MBSi, elaborated more about the background between the two companies. “I have had the good fortune to work with David for many years, and am very excited to be able to offer these products to LPS,” DeHart said. “David and his team at LPS understand and appreciate the vital role that technology can play in running a recovery business,” DeHart went on to say. “We look forward to providing LPS with the right set of tools to do the job they do best.” Skiptrace In addition to adopting the MBSi solutions, LPS also has chosen to increase training and education for all of its internal employees and vendor How to find personal information? network.
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