May 21, 2024

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Phil Hanks Joins MBSI




MBSi Adds More Repossession Experience to the Team


Phil Hanks, former Primeritus executive, joins MBSi team.


09/16/2019 – PHOENIX, Az. – MBSi Corp., leading provider of repossession assignment software and vendor compliance monitoring, names Phil Hanks as Senior Vice President of Sales and Client Services. As SVP Sales and Client Services, Phil aligns his industry experience with MBSi’s software-as-a-service platform to amplify client services across the auto finance industry in the United States.


“Phil brings a wealth of industry experience and relationships to the MBSi team as we put the finishing touches on our new case management and compliance management systems that will be in market soon,” said Cort DeHart, president of MBSi. “The more time we spend upfront learning about a client’s challenges and their goals, the better systems and service we will develop. I have no doubt Phil will help us accomplish this goal.”


Within MBSi, Phil will primarily develop and build new relationships to help MBSi’s lender, forwarder and agency clients reach operating excellence with the MBSi’s software solutions.


“It’s exciting to join a company with such an opportunity to grow in the market,” said Phil Hanks. “The need for a single software ecosystem to manage repossession cases, map agents and monitor compliance exists for any entity managing repossession orders in the auto finance industry. I share the vendor perspective and look forward to help deliver solutions that bring more opportunities back to agents with increased visibility to financial institutions.”


Many of our partners already know Phil – Phil founded Connect 1 Recovery in 2013 which performs asset recoveries in four states. Prior to Connect 1 Recovery, Phil was a founding partner, president and COO of Primeritus, an integrated forwarding partner of MBSi’s, and held multiple senior roles at Manheim.






Media Contact: Heather Ford,


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