RMA Adopts National Standards for the Purchase of Auto Receivables


March 9, 2018 (Sacramento, CA) – Last week, the RMA International Certification Council formally adopted version 6.0 of the Receivables Management Certification Program (RMCP), after a seven-month deliberation, drafting, and review process. One of the most significant enhancements in version 6.0 is the addition of more than 14 specific data and document elements for the purchase and sale of auto receivables, including deficiencies and secured auto [Standard # 19].