The Repo Surge Is Real: Why Now Is the Time to Rethink Your Recovery Strategy

With repossession assignments up 50% year over year, lenders need faster, smarter, and more compliant recovery partners.

Repossessions are surging, and lenders are feeling the pressure.

According to Vaughn Clemmons, President of the American Recovery Association (ARA), national repossession assignments reached 2.1 million year-to-date through April 2025, a 50% increase from 1.4 million during the same period last year. In total, the industry saw 2.7 million repossessions in 2024, as reported by Auto Finance News on June 3, 2025 (source: https://www.autofinancenews.net).

Consumers are struggling with rising costs, stagnant wages, and tighter credit. Delinquencies are climbing. For lenders and asset managers, the real challenge isn’t just higher volume. It’s managing that volume efficiently, compliantly, and profitably.

The High Cost of Inefficiency

– Increased charge-off losses
– Depreciating vehicle values
– Reputational risk from borrower complaints
– Regulatory exposure due to skip tracing and UDAAP compliance pitfalls

How Servicing Solutions Delivers Results

– Nationwide Skip Tracing & Location Services: Real-time data, predictive analytics, and experienced agents help improve contact and recovery rates.
– Efficient Repossession Coordination: We streamline the assignment-to-recovery timeline and handle borrower communication with full compliance oversight.
– Title Management & Asset Remarketing: From title resolution to vehicle resale, we maximize recovery value through trusted remarketing channels.
– Fully Integrated With Our Servicing Platform: When we’re also servicing the portfolio, recovery becomes even more seamless with real-time tracking, fewer handoffs, and cleaner reporting.

Why It Matters Now

2025 is on track to be one of the most active recovery years in over a decade. Delaying recovery, even by a few weeks, can mean thousands of dollars in lost resale value. Relying on fragmented vendors only adds risk.

What Sets Us Apart

✔ Trusted by leading auto finance and subprime lenders
✔ Fully licensed, bonded, and compliant across all states
✔ Secure data handling and real-time portfolio insights
✔ White-glove borrower experience

Let’s Talk Results

Don’t let the surge in repossession volume drain your resources. Servicing Solutions helps you reduce losses, protect your brand, and scale recovery operations confidently.