SST will provide payment processing, collections, customer service, special recoveries, and remarketing services for SunTrust’s consumer asset portfolio purchases.
NCO chief operating officer Steven Leckerman said NCO is pleased to have the opportunity to work with SunTrust — a recognized leader in providing deposit, credit, trust, and investment services to a broad range of retail, business, and institutional clients.
SST provides a full range of third-party servicing solutions including primary servicing for portfolio transfers, conduits and ABS, and back-up servicing to the ABS term and warehouse lending markets.
SST also provides end-to-end loan servicing solutions across the credit spectrum for auto loans and leases, RV, marine, motorcycle, power sport, credit card, signature loans, manufactured housing and other consumer receivables.
