Welcome to the new Lien Solutions blog – insights and resources to help professionals reduce risk and shape the future of their business. You’ll find articles on thought leadership, practical tips, and an exchange of ideas that drive innovation and better outcomes.
Most of the focus after a big storm like Harvey naturally falls on housing. How many people are displaced, how many homes were destroyed and where will these victims now live? However, there are other significant damages in the aftermath that can have a big impact not only on people but on insurance companies and […]
In part 1 of this series, we discussed how the motor vehicle process makes things difficult for borrowers to title and register cars and trucks, as well as how that can negatively impact you, the lender. Today we’ll examine another roadblock that obstructs successful motor vehicle management: Electronic Lien and Titling (or ELT for short). […]
The biggest hurdles were managing the high volume of lien perfection and follow up: verifying that perfection was attained, keeping track of paper files, making sure all steps were completed, and then maintaining the liens over time. Difficulty working with state DMVs and the subsequent hours spent on forms, submissions and follow-ups was another source […]
You’re not alone in asking, “Is there a better, less complex and faster route?” In the first of this series on the motor vehicle titling process, we’ll look at the difficulties borrowers can encounter at the DMV and how that can negatively impact your business, your motor vehicle title management and the perfection of your […]
Wolters Kluwer’s Lien Solutions is excited to share the following webinar called Simplifying Titling with Tax and Fee Estimates. It provides a detailed look at how tax and fee estimates can streamline your motor vehicle title management program.
Lenders have been getting short-changed from motor vehicle title service providers who have been slow to understand the unique needs of lenders in the titling process.
Motor vehicle lien perfection too often resembles driving in heavy freeway traffic. There are a lot of frustrating obstacles to dodge around and weave through to get to your ultimate destination. Too frequently, the whole process can even grind to a halt. The reasons are the complex myriad of fees and requirements put in place […]
Have you found titling a truck or other vehicle to be daunting when it comes to multi-jurisdictions? Learn about IRP registrations, and why it is important to properly register vehicles across multi-jurisdictions.
Learn about the problems of modern auto finance and maintaining perfection. You may be at risk if you do not follow due diligence steps closely. Some lenders never protect their interest by perfecting their lien.