Every day an elusive vehicle stays unrecovered, it loses value and a lender’s loss potential soars. Traditional forwarding and old-fashioned routing can’t keep up. MVTRAC brings in a data-driven, automation-first model built for vehicle recovery at scale without sacrificing your bottom line, let alone compliance.
MVTRAC Never Sleeps
MVTRAC’s trigger-based workflows start automated actions with every new plate scan, account update or loss alert. Built-in validations verify collected vehicle data, lender policies, and compliance to protect your brand and reduce costly mistakes. Our recovery assignments auto-flow to vetted agents based on proximity and performance for smart routing, faster first touches and fewer dead ends. All these events update instantly so lenders and agents work from the same source of truth.
Automated Recovery with Smart Assign
Lenders can also submit a direct-assignment order through integrated platforms like RDN or iRepo. MVTRAC’s Smart Assign analyzes data from our entire agent network. Its proprietary algorithm evaluates millions of LPR scans to locate the best recovery address and identifies a pre-approved agent by factoring in recent scan activity and assignment eligibility. Our forwarding and skip teams then validate the selection and the chosen agent receives the assignment with precise pickup details for acceptance.
Case Claim: Automated Efficiency for Quicker Recoveries
With Case Claim from MVTrac, lenders have an automated solution that streamlines the repossession process while ensuring compliance. Agents submit a vehicle’s VIN or license plate they’ve located and Case Claim immediately validates the request, checks for geographic suppressions or moratoriums, screens and assigns a qualified agent, and initiates real-time reporting. By eliminating downtime and manual handoffs, Case Claim helps lenders accelerate recoveries, reduce operational risk, and maintain a clear audit trail of all actions.
The LPR Advantage: Data-Backed Skip Tracing That Cuts Days-to-Recovery
MVTRAC turbocharges skip trace and vehicle recovery by combining historical and live LPR scans to locate assets fast. Data models score each lead using scan recency, time-of-day routines, and movement patterns to automatically rank the next best action, while low-quality signals are down-ranked so teams focus where recovery odds are highest. With this, MVTRAC turns LPR data into high-precision vehicle recovery that shortens cycles and accelerates loss mitigation.
MVTRAC’s Vehicle Recovery Slashes Charge-Offs for Lenders
MVTRAC’s approach is built for lenders and loss mitigation. Our processes deliver unmatched speed and precision by automating the repetitive, time-sensitive work. Compliance is engineered into every step. Validations start before any assignment goes active, reducing risk and wrongful actions. And with one consistent flow for skip trace and vehicle recovery, you get fewer deadends, cleaner reporting, faster recoveries, and ultimately lower charge-offs.
Let’s Sum it Up
MVTRAC isn’t just another vendor. It’s a technology-powered recovery network built for modern lending. With 500+ million monthly LPR scans and a nationwide network of 600+ vetted affiliate agents, MVTRAC puts more data, more eyes, and more automation at your fingertips than ever before. Our solutions combine skip tracing, real-time analytics, Smart Assign agent matching, Case Claim validation, and compliance oversight to make repossession not only faster, but smarter.
Here’s the buzz about MVTRAC:
- Automate the entire recovery process and eliminate wasted time
- Reduce wrongful repossessions with built-in legal checks and vetted agents
- Get real-time reporting, agent scorecards, and total visibility into your portfolio
- Faster turn times, improved recovery rates, and big cost savings
The verdict? MVTRAC is the must-have recovery tool auto lenders can’t afford to ignore. Whether you manage a national portfolio or a regional book of business, MVTRAC gives you the scale, speed, and security to protect your assets and your reputation.