First American Corp. of Santa Ana, Calif., said Monday that its default information services division, based in Dallas, has started a business called First American Intelligent Recovery Systems.
The business offers CollectLink, a software program for managing collection agencies, and RepoLink, which manages car repossessions.
Richard Allen, who was the vice president of the default information services division, has been appointed the chief operating officer of the recovery systems business. He said in a press release that both of its offerings let lenders "electronically manage assignments, track performance, improve communications, streamline billing, and increase overall recovery rates."
