News - Debt Connection - Your Online Resource for the Collection and Recovery Industry!

THE DEBT MARKETPLACE - AT A GLANCE
http://www.debtconnection.com/news.asp
Friday, October 27, 2006

The DEBT CONNECTION website offers a searchable database of service providers and suppliers, for more information go to
http://www.debtconnection.com
Check listings by category on DEBT CONNECTION Master Search by going to:
http://www.debtconnection.com/mastersearch.asp
For more information on detailed profiles please go to:
http://www.debtconnection.com/advertising.asp

COUNTRYWIDE FINANCIAL TO CUT 2,500 JOBS
Countrywide Financial Corp., the largest U.S. mortgage lender, said Tuesday it will cut its work force by more than 2,500, or about 5 percent, even as growth in its loan servicing portfolio pushed its third-quarter profit up 2 percent.
http://news.yahoo.com/s/ap/20061025/ap_on_bi_ge/countrywide_layoffs

BANK OF AMERICA AMENDS BY-LAWS TO ENSURE DIRECTORS ELECTED BY MAJORITY VOTE
Bank of America said its board of directors has amended the corporate by-laws to require that directors are elected only by a majority of 'for' votes.
http://www.forbes.com/business/feeds/afx/2006/10/25/afx3119125.html

FEDERAL RESERVE KEEPS BENCHMARK RATE AT 5.25% FOR THIRD MONTH
The Federal Reserve kept its benchmark interest rate at 5.25 percent for a third month and reiterated that officials are relying on lower energy prices and slowing growth to reduce inflation.
http://www.bloomberg.com/apps/news?pid=20601087&sid=atyghznUOVX0&refer=home

CHAMBERS' DISCIPLINARY HEARING BEGINS
A disciplinary hearing began today to determine if Arapahoe County District Attorney Carol Chambers used the power of her office to intimidate a lawyer trying to collect a debt from a friend of hers.
http://www.rockymountainnews.com/drmn/local/article/0,1299,DRMN_15_5088108,00.html

COUNTRYWIDE PROFIT UP 2 PCT AMID MORTGAGE WEAKNESS
ountrywide Financial Corp. (NYSE:CFC - news), the largest U.S. mortgage lender, on Tuesday said third-quarter profit rose 2 percent, less than analysts expected, as rising housing costs hurt demand for mortgages.
http://news.yahoo.com/s/nm/20061024/bs_nm...

BANKRUPTCY'S BIG WINNERS
One year after the passage of a sweeping revision to the federal bankruptcy law, some small companies are prospering at the expense of overburdened consumers.
http://www.thestreet.com/_googlen/newsanalysis/banking/10316...
BANKS WILL SELL SEVEN AREA BRANCHES
Seven area AmSouth branches will be sold to another financial institution in the coming weeks in order to satisfy federal bank regulators.
http://www.montgomeryadvertiser.com/apps/pbcs.dll/article?AID=/20061024/BUSINESS/610240310/1003

WAL-MART, GE LAUNCH CHINESE CREDIT CARD
Wal-Mart Stores Inc. and General Electric Co.'s finance arm are joining the race for a share of China's growing consumer credit market by launching their own credit card this week, a Wal-Mart spokesman said Tuesday.
http://news.yahoo.com/s/ap/20061024/ap_on_bi_ge/china_...
AUSTRALIA SELLS A$4 BILLION OF TELSTRA SHARES
he Australian government has sold A$4 billion ($3 billion) of shares in Telstra (TLS.AX) to brokers and financial planners in the first stage of its plan to sell a third of its stake in the country's biggest phone company.
http://news.yahoo.com/s/nm/20061022/bs_nm/telecoms_australia_telstra_dc...-

UNDERSTANDING DIALERS: THE ESSENTIALS OF EFFECTIVE COLLECTIONS
Resource Management Services, Inc. still showing great success with this addition to their line of key industry publications, Understanding Dialers: The Essentials of Effective Collections. Looking to be a key component of any effective campaign, this book is a "must-read" for top Recovery Managers everywhere.
$69.00 + S&H To order, click here:
http://www.resourcemanagement.com/dialer

RESOURCE MANAGEMENT SERVICES, INC ANNOUNCES "RECOVERY MANAGEMENT: COLLECTING THE UNCOLLECTIBLE ACCOUNT"
For over twenty years, Resource Management Services, Inc., consultants in recovery management, recognized the importance of collection agency and collection attorney audits, and operational reviews and vendor evaluations. Today they announce the publication of their newest book, "RECOVERY MANAGEMENT: Collecting The Uncollectible Account." The basic concept of recovery management is to maximize collection dollars and net results on what are generally deemed uncollectible accounts. From quantifying the appropriate and most effective internal efforts to understanding how and when to use outside vendors, this book is a vital resource for the recovery professional. Topics include: Vendor Partnership Management, Internal Recovery Unit, Strategies, Auditing, Contract Consideration, Performance Assessment Selection and more.
$129.00 + S&H To order, click here:
http://www.resourcemanagement.com/p_recovery_management.html

BUYER/SELLER 101 WILL BE OFFERED AGAIN IN SOUTHERN CALIFORNIA, NOVEMBER 16-17
It is designed for first-time buyers and sellers, or experienced professionals interested in fine-tuning their skills, these courses include detailed analysis in Market Overview, Defining Your Needs, Due Diligence, Contracts, Pricing, Strategies, and Measurement Methods.
http://www.debtmarketplace.com/buyerseller101.html

INTERESTED IN BUYER/SELLER 101, BUT DON'T HAVE THE TIME? TRY BUYER/SELLER 101 - ONLINE TRAINING PROGRAM
The online version covers much of the same material provided to those who participate in the seminars conducted live in Los Angeles. The disadvantage is the lack of valuable interaction with other seminar attendess.
http://www.debtmarketplace.com/buysellsignupform.html

DEBTCONNECTION.COM CONTINUES TO GROW & EXPAND
The industry Website, http://www.debtconnection.com continues to grow tremendously and expands with new listings daily. Find portfolios, buyers, sellers and industry service providers such as consultants, agencies, products and more.

NEWEST ADDITIONS AND UPDATES TO DEBTCONNECTION.COM

DEBT SELLERS
To view all listed debt sellers and contact information on
DEBTCONNECTION.COM check:
http://www.debtconnection.com/debtsellers.asp
New additions and updates this week include:

CHARGE-OFF CLEARINGHOUSE
Louise Epstein
512-502-0300
http://www.debtconnection.com/moreinfo.asp?247

REMSTEK SOLUTIONS GROUP INC.
716-982-9579

DEBT BUYERS
To view all listed debt buyers and contact information on
DEBTCONNECTION.COM check:
http://www.debtconnection.com/debtbuyers.asp
New additions and updates this week include:

CHARGE-OFF CLEARINGHOUSE
Louise Epstein
512-502-0300
http://www.debtconnection.com/moreinfo.asp?245

DODGE ENTERPRISES, INC.
Robert Hiday
904-509-0538
http://www.debtconnection.com/moreinfo.asp?2182

BROKERS
To view all listed brokers and contact information on
DEBTCONNECTION.COM check:
http://www.debtconnection.com/blisting.asp?25
New additions this week include:

THE DEBT MARKETPLACE, INC.
Dennis Hammond
562-903-7220
http://www.debtconnection.com/moreinfo.asp?324

CHARGE-OFF CLEARINGHOUSE
512-502-0300

CONSULTANTS
To view all listed consultants and contact information on
DEBTCONNECTION.COM check:
http://www.debtconnection.com/blisting.asp?13
New additions this week include:

CHARGE-OFF CLEARINGHOUSE
512-502-0300

INDUSTRY EVENTS
For all upcoming industry events, check
http://www.debtconnection.com/industryevents.asp

Buyer/Seller 101
The Debt Marketplace, Inc.
Southern California
November 16th - November 17th, 2006
http://www.debtmarketplace.com/buyerseller101.html
(562) 903-7220

DETAILED PROFILES ON WWW.DEBTCONNECTION.COM ARE AVAILABLE
If you're serious about your listing, get a one-page detailed profile, so
Buyers, sellers and others know more about who you are. Detailed profiles
are indexed by major search engines. It's a great way to add exposure to
your company and/or website.

SPONSORSHIP MESSAGE
This At A Glance report is sponsored by The Debt Marketplace. Our firm specializes in assisting buyers and sellers in all aspects of the transaction process, including...
Marketing your portfolio.
Due Diligence for Buyers and Sellers.
Evaluating the viability of a sale.
Addressing pricing, contract and negotiation considerations.
Attaining the most efficient transition possible, while minimizing post-sale issues.

Our consulting projects are customized to provide the level of involvement and information that best meets our clients' needs.
Check them out at:
http://www.debtmarketplace.com/

Copyright 2001 - 2006 THE DEBT MARKETPLACE, INC. 562-903-7220
THE DEBT MARKETPLACE, INC., 10440 Pioneer Blvd., Suite 2, Santa Fe Springs, CA 90670-8235
At A Glance reports can be expected weekly or biweekly, depending on quantity of news and information to report. You may send this report, in its entirety, to others who may have interest.

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At A Glance Archive

At A Glance - Friday, December 29, 2006

At A Glance - Thursday, December 21, 2006

At A Glance - Friday, December 15, 2006

At A Glance - Friday, December 08, 2006

At A Glance - Friday, December 01, 2006

At A Glance - Wednesday, November 22, 2006

At A Glance - Friday, November 17, 2006

At A Glance - Friday, November 10, 2006

At A Glance - Friday, November 03, 2006

At A Glance - Friday, October 27, 2006

At A Glance - Monday, October 23, 2006