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Wednesday, August 13, 2008
Mid-Week News:
WELLS FARGO REPORTS A POSSIBLE BREACH
Wells Fargo & Co. is notifying about 5,000 people that their personal information might have been seen by someone using a bank access code illegally. A bank spokeswoman said yesterday that MicroBilt Corp., a consumer data vendor, told Wells Fargo on July 1 that there was unusual activity on one of the bank's access codes. The activity was particularly suspicious because Wells Fargo no longer uses that particular vendor for consumer information.
read more

TRANSUNION PARTNERS WITH CAREPAYMENT® TO HELP HEALTHCARE PATIENTS PAY OFF DEBT WHILE INCREASING HOSPITAL CASH FLOW
CHICAGO and PORTLAND, Ore., Aug. 13 /PRNewswire/ -- TransUnion announced today that users of its patented Revenue Manager(SM) healthcare solution will now have the option of using CarePayment®, a program offered and managed by Aequitas Capital Management, Inc. that will be accessible through TransUnion's Revenue Manager. CarePayment improves hospital cash flow and receivable yields by providing patients with a non-discriminatory, interest-free, hospital-branded finance card for their patients.
read more

JPMORGAN RACKS UP $1.5 BILLION IN MORTGAGE LOSSES IN 3Q
NEW YORK - Two days of hopeful news for the USA's embattled financial industry evaporated Tuesday after JPMorgan Chase (JPM) announced reduced earnings for the second quarter and warned that it had already taken $1.5 billion in mortgage-related losses so far in the third quarter.
read more

DEBT CONNECTION SYMPOSIUM & EXPO® 2008 GOLF TOURNAMENT
There is still time for DCS 2008 attendees to sign up for the Debt Connection Symposium & Expo(r) 2008 Golf Tournament, planned for Tuesday afternoon, September 2, 2008 at the Riverwalk Golf Club.

San Diego's most convenient and centrally located golf course, Riverwalk Golf Club in Mission Valley promises a fun day of golf. Riverwalk Golf Club offers a classic golfing experience like no other. Steeped in a rich tradition of golf legends past, Riverwalk Golf Course entertained a myriad of golf's legends while hosting the PGA tour during the 50s and 60s. This San Diego golf course, formerly known as the Stardust Country Club, has been completely redesigned by Ted Robinson Sr. and son Ted Jr., who used more than half a million cubic yards of soil to turn the formerly flat golf course into 27 holes of undulating fairways, stunning waterfalls, and well-protected bentgrass greens.

The San Diego River is a prominent feature of Riverwalk's layout, contributing to the beauty and challenge of this San Diego golf course. Water comes into play on 13 of the 27 holes with a spectacular waterfall surrounding the green of the signature hole.

The price of $160 includes Greens Fee, Golf Cart, Range Balls and Box Lunch

Sign up today to play. For more information on the Golf Tournament please go to
http://www.dcs2008.com/golf.html.

read more

COUNTRYWIDE FACES FTC PROBE OVER LOAN SERVICING
NEW YORK (Reuters) - Countrywide Financial Corp, which was the largest U.S. mortgage lender before being acquired by Bank of America Corp (BAC.N: Quote, Profile, Research, Stock Buzz), faces a Federal Trade Commission probe into whether its loan-servicing activities violated federal law.
read more

AUDITOR: WA SHOULD IMPROVE DEBT COLLECTION EFFORTS
OLYMPIA, Wash. -- Eight state programs could reap about $160 million by capturing just half of their outstanding debt, and government should work harder to get that money, Auditor Brian Sonntag said Tuesday.
read more

JPMORGAN APPOINTED SUCCESSOR DEPOSITARY BANK FOR BARCLAYS PLC ADR PROGRAMME
London, 11 August, 2008 - JPMorgan announced today that it has been appointed as the successor depositary bank for the American Depositary Receipt programme of Barclays PLC, a major global financial services provider.
read more

NCO GROUP ANNOUNCES SECOND QUARTER 2008 RESULTS
HORSHAM, PA, August 11, 2008 - NCO Group, Inc. ("NCO" or the "Company"), a leading provider of business process outsourcing services, announced today that during the second quarter of 2008 it had revenue of $405.0 million, a net loss of $14.8 million and EBITDA of $31.8 million.
read more

THE NEXT WAVE OF MORTGAGE DEFAULTS
NEW YORK (CNNMoney.com ) -- Prime mortgages are starting to default at disturbingly high rates - a development that threatens to slow any potential housing recovery.
read more

FIRST DATA WINS NORDSTROM BUSINESS
DENVER, Aug 12, 2008 (BUSINESS WIRE) -- First Data Corp., a global technology leader in transaction processing and information commerce, announced today it has entered into a new payment processing agreement with Nordstrom fsb, a wholly owned subsidiary of Nordstrom, Inc. and a federally chartered thrift savings bank.
read more

CREDIT SQUEEZE GETTING WORSE, BANKS SAY
WASHINGTON (MarketWatch) -- The credit squeeze worsened in the past three months, the Federal Reserve reported Monday, and most banks expect to keep a lid on credit for the next year at least.
read more

ASTA FUNDING REPORTS THIRD QUARTER AND NINE MONTHS FISCAL 2008 RESULTS
ENGLEWOOD CLIFFS, N.J., Aug. 11 /PRNewswire-FirstCall/ -- Asta Funding, Inc., (Nasdaq: ASFI), a consumer receivable asset management and liquidation company, today reported results for the three and nine months ended June 30, 2008.
read more

TRANSUNION APPOINTS NEW PRESIDENT OF INTERNATIONAL DIVISION - ANDREW KNIGHT
CHICAGO, Aug. 11 /PRNewswire/ -- TransUnion today announced the appointment of Andrew Knight to president of its international operations. Knight takes the place of Ralph Sorice who retired following a 25-year career at TransUnion. Knight will report directly to Bobby Mehta, president and CEO of TransUnion.
read more

TNB CARD SERVICES BROADENS PROCESSING PARTNERSHIP
Dallas - August 11, 2008 - The benefits of instant card issuance, 24/7 member service and support, stronger fraud protection, and rewards are why East Texas Professional Credit Union is converting the processing of its more than 17,000 debit and ATM cards to TNB Card Services.
read more

DebtConnection.com is a searchable database of collection products and services.
The following Updates and New Entries occured since the last At A Glance was sent:
Portfolios For Sale
$2,193,979.00     Consumer Loans
WorldWide Debt Exchange
http://www.debtconnection.com/portfolio.asp?580  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1690  

$1,579,906.00     Consumer Loans, Credit Cards
WorldWide Debt Exchange
http://www.debtconnection.com/portfolio.asp?579  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1690  

$5,028,523.00     Credit Cards
Pacific Healthcare Services, Inc.
http://www.debtconnection.com/portfolio.asp?578  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?3122  

$3,649,296.00     Credit Cards
Argonaut Financial, LLC
http://www.debtconnection.com/portfolio.asp?576  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1826  

Agency
NIAGARA CREDIT SOLUTIONS, INC.
888-841-3131

AARGON
702-948-7420

PROFESSIONAL RECOVERY PERSONNEL
763-560-1148

NRA GROUP,LLC
800-360-9953

COOK & ASSOCIATES, LLC
601-584-6696

SOUTHERN CREDIT ADJUSTERS, INC
252-977-0125

GREENTREE ACQISITIONS LLC
425-303-2552

CABFI GROUP, INC.
787-775-8060

Debt Buyers
FOURSCORE RESOURCE CAPITAL, LLC
952-253-6300

Skip Tracing
CBCINNOVIS
610-696-6064

Training
NEXT LEVEL
419-697-6112

Industry Events
  THE PRIVACY SYMPOSIUM - SUMMER 2008: PRIVACY IN TRANSITION
THE PRIVACY SYMPOSIUM
Charles Hotel Harvard University
Cambridge, MA
August 18 - 21, 2008
More Information

THE SIXTEENTH NATIONAL HIPAA SUMMIT AT HARVARD - SPECIAL EDITION
Healthcare Privacy and Security Training and Professional Certification
Charles Hotel
Harvard University, Cambridge, MA
August 18 - 21, 2008
More Information

Debt Connection Symposium & Expo 2008
Resource Management Services, Inc.
San Diego Marriott Hotel & Marina
San Diego, CA
September 3 - 5, 2008
More Information

16th Annual Southwest Bankruptcy Conference
American Bankruptcy Institute
Four Seasons Las Vegas
Las Vegas, Nevada
September 4 - 6, 2008
More Information

2008 Home Equity Lending Conference
Consumer Bankers Association
Hilton Austin
Austin, TX
September 7 - 9, 2008
More Information
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At A Glance Archive 2007 20062005
At A Glance - Friday, November 14, 2008
At A Glance - Wednesday, November 12, 2008
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At A Glance - Friday, March 14, 2008
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At A Glance - Friday, March 07, 2008
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At A Glance - Wednesday, January 30, 2008
At A Glance - Friday, January 25, 2008
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At A Glance - Friday, January 18, 2008
At A Glance - Wednesday, January 16, 2008
At A Glance - Friday, January 11, 2008
At A Glance - Wednesday, January 09, 2008

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