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Friday, August 22, 2008
This Weeks Articles:
THE JUDGMENT GROUP, AN INDUSTRY CHOICE TRIBUTE AWARD NOMINEE, IN FORBES BOOST YOUR BUSINESS 2008 CONTEST
The Judgment Group, is a certified woman owned Debt Buyer and Collection Agency that specializes in enforcing judgments. As well as being nominated for an Industry Choice Tribute Award, founder and CEO Susan Wilson's company is in the running for a $100,000 prize in Forbes "Boost Your Business 2008" contest. This prestigious contest will be decided by a judging panel and by on-line voting.

You can do your part by voting at: http://boost08.perfectprize.com/voting/

For more information about the Industry Choice Tribute Awards, please see: http://www.dcs2008.com/tributeawards.html


For more information on The Judgment Group: http://judgmentgroup.com/

TOUCHSTAR IS RANKED 40TH IN THE US TELECOMMUNICATIONS INDUSTRY BY INC. MAGAZINE IN 2008
Denver, Colorado (PRWEB) August 22, 2008 -- TouchStar, a world leader in call center technology, has been ranked by Inc. Magazine as the 40th fastest growing Telecommunications Company in America for 2008. Inc. Magazine also ranked TouchStar as the 1,461st fastest growing private business in America.
read more

PHILADELPHIA FED SURVEY SHOWS SLIGHT IMPROVEMENT
Manufacturing conditions in the mid-Atlantic region were negative for the ninth straight month, although there was some improvement in August, according to a report issued Thursday.
read more

BERNANKE: FINANCIAL STORM NOT YET OVER
NEW YORK (CNNMoney.com) -- Federal Reserve Chairman Ben Bernanke said Friday that the problems in the nation's financial markets persist and still threaten the economy.
read more

WACHOVIA ANNOUNCES EXPANSION INTO DOWNTOWN LOS ANGELES WITH FLAGSHIP FINANCIAL CENTER, WHOLESALE & GOVERNMENT BANKING OFFICE
LOS ANGELES, CA-Wachovia Corporation (NYSE: WB) today announced its first full-service retail financial center location in downtown Los Angeles at 717 Olympic Blvd.
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VISA, CHASE KICK-OFF MOBILE OFFERS PILOT
Visa (NYSE:V) together with Chase (NYSE:JPM) today announces a consumer pilot that delivers merchant offers directly to the mobile devices of Chase credit and debit cardholders in the Phoenix metropolitan area.
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DEBT RESOLVE TO LAUNCH ISETTLENOW™ WHICH WILL GIVE WHICH WILL GIVE CONSUMERS DIRECT ACCESS TO THE COMPANY'S PATENTED ONLINE BIDDING SYSTEM
WHITE PLAINS, N.Y.- August 20, 2008-Debt Resolve, Inc. ("Debt Resolve") (AMEX:
DRV) announced today that it has developed a revolutionary consumer driven debt settlement Internet site to be know as iSettleNow. Go to www.iSettleNow.com to see how consumers will be empowered to resolve their debt online and avoid the usual intrusive collection phone calls and letters. The Company is launching iSettleNow.com in response to consumer demand, the increased costs of collection, impaired settlement rates and with the knowledge of a dramatic increase in online banking and general Internet usage.

read more

SALLIE MAE ORIGINATES LOANS UNDER FEDERAL SOLUTION
RESTON, Va. - SLM Corporation (NYSE:SLM), commonly known as Sallie Mae, today issued the following statement regarding implementation of the U.S. Department of Education's loan participation purchase program authorized under the "Ensuring Continued Access to Student Loans Act of 2008":
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A YEAR AFTER SPEECH, BERNANKE MAY HAVE TO EAT HIS WORDS
In August 2007, as financial markets began to crumble under the weight of bad mortgage loans, Chairman Ben Bernanke told the Federal Reserve's annual gathering at Jackson Hole, Wyo., that it wasn't the central bank's responsibility - "nor would it be appropriate" - to protect lenders and investors from poor decisions.
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CANADIAN BANKING INSTITUTIONS GO ON A HIRING SPREE IN THE U.S.
TORONTO: Royal Bank of Canada, the biggest lender in the country, has recruited about 100 senior bankers from struggling American rivals in the past year to expand its U.S. businesses.
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LOAN MODIFICATION PROGRAM FOR DISTRESSED INDYMAC MORTGAGE LOANS
IndyMac Federal Bank, FSB ("Indymac Federal") will implement a new program to systematically modify troubled mortgages. The program is designed to achieve affordable and sustainable mortgage payments for borrowers and increase the value of distressed mortgages by rehabilitating them into performing loans. This in turn will maximize value for the FDIC, as well as improve returns to the creditors of the former IndyMac Bank and to investors in those mortgages. The new program will help IndyMac Federal improve its mortgage portfolio and servicing by modifying troubled mortgages, where appropriate, into performing mortgages.
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DCS 2008 BLACK TIE AWARDS AND CHARITY GALA
Join us for a sparkling and elegant Thursday Evening at the Cool Coastal Californian San Diego Marriott Hotel & Marina. Be there as some leading creditors present Tribute Awards to recognize their top agencies and join us in honoring the Industry Choice Award recipients. The DCS 2008 Black Tie Tribute Awards and Charity Dinner will also raise money to support two worthy charities. All the proceeds from the Auction and Key Drawing will benefit Children's Hospital of Orange County (CHOC) and Rady Children's Hospital of San Diego.

Absolute Resolutions Corp. has donated a 2008 Pontiac Solstice that will be the prize in an opportunity drawing. There will also be the popular Key Box and a live auction, with our guest auctioneer, Jim Belushi. Featured auction items include a 9 day trip for two to Greece, donated by Creditors Interchange.

There is still time to have your donations included in the Key Box or Live Auction.
You can contact Resource Management Services, Inc at 562-906-1101 or donate an item on-line at: http://www.dcs2008.com/donation.asp

read more

CONSUMERS FACE RISING MEDICAL DEBT: SURVEY
A growing number of U.S. adults are struggling to pay their medical bills, tapping into savings accounts, home equity and credit cards to cover health care costs, according to a survey released on Wednesday.
read more

OFFICIALS CLASH OVER FANNIE, FREDDIE
Richmond Federal Reserve Bank President Jeffrey Lacker called for "demonstrably" privatizing Fannie Mae and Freddie Mac, becoming the first Fed official to publicly clash with the Bush administration's strategy of keeping them as federally backed firms.
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FANNIE, FREDDIE PLUNGE AGAIN
NEW YORK (CNNMoney.com) -- Battered mortgage giants Fannie Mae and Freddie Mac took yet another hit at the start of trading Wednesday as concerns grew about a possible government bailout.
read more

FTC TO HOST WORKSHOP TO EXPLORE CONSUMER PROTECTION AND PRIVACY IMPLICATIONS OF RADIO FREQUENCY IDENTIFICATION APPLICATIONS
The Federal Trade Commission will host a "Transatlantic RFID Workshop on Consumer Privacy and Data Security" on September 23, 2008, to explore emerging applications of radio frequency identification technology and their implications for consumer protection policy. The workshop will bring together industry representatives, government officials, and consumer advocates from Europe and the United States to discuss security and privacy concerns associated with RFID technology. The workshop, which is free and open to the public, will be held at the Federal Trade Commission Conference Center, 601 New Jersey Avenue, N.W.,Washington, DC 20001. Members of the public and press who wish to participate, but are unable to attend in person, can view a live webcast on the FTC's Web site.
read more

FTC ISSUES FINAL TELEMARKETING SALES RULE AMENDMENTS REGARDING PRERECORDED CALLS
The Federal Trade Commission today announced two amendments to the Telemarketing Sales Rule (TSR). One will expressly bar telemarketing calls that deliver prerecorded messages, unless a consumer previously has agreed to accept such calls from the seller. The other related technical amendment modifies the TSR's method of calculating the maximum permissible level of "call abandonment."
read more

VISA AND LEADING NORTH AMERICAN BANKS LAUNCH TRANSACTION NOTIFICATION PILOT
Visa (NYSE:V), the global leader in payments, and eight leading North American financial institutions - PNC Bank, SunTrust Bank, U.S. Bank, Wachovia, and Wells Fargo in the United States, and Royal Bank of Canada, TD Bank Financial Group, and Vancity in Canada - have agreed to initiate a pilot program with up to a total of 2,000 participants to test the delivery of real-time notification alerts on Visa accounts.
read more

DISCOVER(R) CARD LAUNCHES INCOME GAP PROTECTION
RIVERWOODS, Ill.--(BUSINESS WIRE)--Aug. 18, 2008--Discover Financial Services (NYSE: DFS) announced today the launch of Discover(R) Income Gap Protection, a supplemental loss-of-income offering designed to pay benefits directly to the customer to help cover monthly expenses.
read more

TRANSUNION'S SMARTMOVE PROVIDES INDEPENDENT RENTAL OWNERS WITH NEW LEVEL OF RISK INSIGHT
CHICAGO, Aug. 20 /PRNewswire/ -- TransUnion today announced the launch of SmartMove (http://www.mysmartmove.com/), an affordable online solution to help independent rental owners and multi-family operators better evaluate prospective applicants' rental applications. The solution comes at a time when new renters may be re-entering the rental market due to a deteriorating housing market and current homeowners are converting their houses into rental properties in response to a slumping housing market.
read more

CONVERGYS EXTENDS AGREEMENT TO PROVIDE CUSTOMER CARE SUPPORT AND BACK OFFICE PROCESSING FOR COMCAST
(Cincinnati; August 20, 2008) - - - Convergys Corporation (NYSE: CVG), a global leader in relationship management, announced today it has signed a new agreement with Comcast Corporation (NASDAQ: CMCSK, CMCSA), the nation's leading provider of entertainment, information, and communications.
read more

DEBTX TO SELL $292 MILLION IN RESIDENTIAL REAL ESTATE LOANS
BOSTON, Aug 20, 2008 /PRNewswire via COMTEX/ -- DebtX, the largest online marketplace for debt, today announced the sale of more than $292 million in non-performing residential real estate loans.
read more

HAMILTON TOWNSHIP COMPANY EXPANDS NORTH, INTO TORONTO
HAMILTON TOWNSHIP - Looking to capitalize on its Canadian connections, the telephone messaging company Global Connect has opened a location in Toronto to tap into a fertile market up north.
The Mays Landing-based company's voice-automated technology creates prerecorded telephone messages for services such as reverse-911, political polling or debt-collection notification. Its clients include municipal governments in Cape May County, casinos in Atlantic City and private collection agencies.

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  

Agency
DAVIS DAVIS ATTORNEYS P.C. (PITTSBURGH)
412-344-0400

UNITED RECOVERY SYSTEMS, LP
713-458-4975

Attorney
ELTMAN, ELTMAN & COOPER, P.C.
212-660-3169

Consultants
HAROLD GARTNER
917-371-9640

Debt Buyers
CAPIO PARTNERS, LLC
Douglas Sawyer
678-682-3680
More Information

DEBT TRADE PARTNERS, LLC
Walter Frye
888-828-9957
More Information

SOUTH LAKE FINANCIAL SERVICES
732-363-1226

Debt Sellers
INTERNET EXPRESS, INC.
858-342-2830

PHOENIX CREDIT, LLC
615-232-9223

PEC LLC
212-461-0856

Legal Networks/Services
DAVIS DAVIS ATTORNEYS P.C. (PITTSBURGH)
412-344-0400

Industry Events
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

Bankruptcy 2008: Views from the Bench
American Bankruptcy Institute
Georgetown University Law Center
Washington, D.C.
September 12, 2008
More Information

Buyer / Seller 101
The Debt Marketplace, Inc.
Embassy Suites
Downey, California
September 25 - 26, 2008
More Information

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At A Glance - Wednesday, January 09, 2008

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