Daily Digest – Janaury 29. Trio of Incidents Involving Repossession Agents Lead to Arrests, Multiple Charges

MAN ARRESTED FOR STABBING REPOSSESSION AGENT A Kentucky man has been arrested and is facing felony charges after allegedly stabbing a repossession agent and almost having a finger severed. The agent was knocking on the door of a house when a man emerged with a knife and tried to stab the agent in the chest. The agent put up his hand in self...

Daily Digest – January 19. Mulvaney Calls For Comprehensive Review of CFPB Activities; Attorneys Speak Out About CID Letters

MULVANEY CALLS FOR REVIEW OF ALL CFPB ACTIVITIES Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, has announced a comprehensive review of all of the agency’s enforcement, supervision, rulemaking, market monitoring, and education activities. The reviews will be conducted in a series of a Requests For Information...

Daily Digest – January 18. New Details Hint at Motive in Agent’s Murder; MBSi Hires John Fountaine

NEW DETAILS HINT AT MOTIVE IN AGENT’S MURDER  New video has been released that provides more details into the murder of repossession agent Allan Humphries. Along with the video, court documents have detailed that counterfeit money was found in the vehicle that Humphries was planning to repossess, which may be the motive for the murder...

Daily Digest – January 16. Man Killed Over Repossessed Vehicle; Suggestions to Help With Underperforming Employees

MAN KILLED OVER REPOSSESSED VEHICLE An argument over a repossessed vehicle has one man charged with murder and another man dead. Vernard Porter was shot and killed on Saturday. Dolton Harper reportedly fired three shots at Harper during an argument about a repossessed vehicle.   SUGGESTIONS TO HELP WITH UNDERPERFORMING...

Daily Digest – January 11. Agent Shot While Surveying Vehicle; Maryland Tops List of States with Most Seriously Delinquent Loans

AGENT SHOT WHILE SURVEYING VEHICLE A repossession agent in San Antonio was shot yesterday while surveying a vehicle that was assigned to be repossessed. Residents of an apartment complex had called police about a suspicious man who was “camped out” in the parking lot. A man approached the agent and the two got into an argument, at...

Daily Digest – January 9. BHPH Dealers Poised For Growth; Consumer Credit Has Biggest Monthly Jump in 16 Years

BHPH DEALERS POISED FOR GROWTH Buy-here, pay-here dealerships are poised to regain some marketshare in the auto lending industry, according to Black Book. As more lenders are tightening the underwriting criteria for approving loan applications, more consumers may have to look at BHPH dealerships as a means of being able to purchase a...

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