POINT OF SALE
BORROWER EXPERIENCEMenuPROCESSING EFFICIENCY
& COMPLIANCEMenuPOST-CLOSING
OPERATIONAL EXCELLENCEMenuBORROWER CREDIT SERVICES
MenuPROPERTY SERVICES
MenuTITLE SERVICES
MenuSERVICING OVERSIGHT
MenuBORROWER CRITICAL
COMMUNICATIONSMenuDEFAULT SERVICES
MenuWORKFLOW MANAGEMENT
MenuLOAN DUE DILIGENCE
& OVERSIGHTMenuWORKFLOW MANAGEMENT
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Compliance Solutions for
Vehicle Servicers
Compliance
Compliance requirements in the vehicle finance industry are not only driven by new laws but also key court rulings. At Covius, our team of regulatory experts monitor relevant legislative and regulatory updates and judicial decisions and notify you of the ones that may affect your business.
At the same time, we can help you manage critical notices to borrowers in all stages of delinquency from pre- and post-repossession to post sale – so you can be confident that you are meeting all federal and state requirements.
Our vehicle finance template library, including Right to Cure, Notice of Intent to Sell, and Notice of Deficiency contains notices that comply with the Uniform Commercial Code (UCC) and additional requirements imposed by many states.
In addition, we can review your data validation rules to ensure that notices include the information required by the applicable law and perform targeted custom research for ad hoc compliance needs.
Borrower Critical Communications
Covius provides a full range of communications, compliance advisory and mail fulfillment services to help banks, credit unions and finance companies manage accounts that are in varying stages of delinquency, default or repossession. Over the past 10-plus years, we have delivered millions of vehicle default notices, and not one has been contested.