THERE IS STILL SPACE AVAILABLE FOR THE RECOVERY MANAGEMENT STRATEGIES AND TECHNIQUES COURSE
The leader in Agency Management auditing and consulting is now taking registrations for the October session of Recovery Management Strategies and Techniques, a two-day classroom course designed to assist Creditor and Debt Buyer Recovery Managers with fundamental and advanced strategies, plans, and tools for managing an outside vendor recovery operation.
This course will bring real-world experience and answers to the challenges that Recovery Managers face in structuring and managing the external recovery operation. Topics covered will include Agency Selection, Placement Strategies, Performance Measurements, Contracts, Work Standards, Settlements, Auditing, Compliance, and Financial Issues.
This session is scheduled for will be October 7 - 8, 2008 in Chicago, IL at the Hyatt Rosemont (O'Hare Airport).
For more information and registration information contact: infoRMST@resourcemanagement.com or call Resource Management Services, Inc. at (562)906-1101
read more
FANNIE, FREDDIE BAILOUT DOESN'T CURB ALL CREDIT WOES
NEW YORK -- The government doesn't want Fannie Mae or Freddie Mac to go broke, but it better start thinking about what happens if the rest of us do.
read more
12 BEST AND 3 OF THE WORST CREDIT CARDS
Consumer Reports analyzed hundreds of credit cards and named a dozen that are worthy of consumers' consideration-and three to stay away from.
read more
BANK OF AMERICA MIGRATES CLIENTS TO WORKS CORPORATE CARD PLATFORM
Bank of America today announced that it has completed its migration of clients to its Works platform, a Web-based solution that automates, streamlines and integrates corporate credit card payment authorization and reconciliation.
read more
FTC'S AMERIDEBT LAWSUIT RESOLVED: ALMOST $13 MILLION RETURNED TO 287,000 CONSUMERS HARMED BY DEBT MANAGEMENT SCAM
The Federal Trade Commission announced today that the agency returned approximately $12.7 million to consumers this week from a settlement with Andris Pukke and his companies, AmeriDebt, Inc. and DebtWorks, Inc. This consumer redress concludes the largest credit counseling/debt management deception case brought by the FTC. In addition, more than $7 million will be returned to consumers as a result of class-action settlements with the defendants and related credit counseling agencies.
read more
JUDGE SAYS PART OF BANKRUPTCY LAW UNCONSTITUTIONAL
NEW HAVEN, Conn. (AP) - A federal judge on Tuesday partially blocked one element of the nation's recently overhauled bankruptcy law, saying that a provision restricting the advice lawyers can give is unconstitutional.
read more
LIVEVOX ENHANCES VOIP DIALER TO ADDRESS COLLECTION COMPLIANCE NEEDS
Agent Desktop 2.0 and Campaign Manager 3.1 feature set fully integrated into hosted dialing solution to navigate a heightened regulatory environment.
read more
BEAR STEARNS AND EMC MORTGAGE TO PAY $28 MILLION TO SETTLE FTC CHARGES OF UNLAWFUL MORTGAGE SERVICING AND DEBT COLLECTION PRACTICES
The Bear Stearns Companies, LLC and its subsidiary, EMC Mortgage Corporation, have agreed to pay $28 million to settle Federal Trade Commission charges that they engaged in unlawful practices in servicing consumers' home mortgage loans.
read more
BUYER / SELLER 101 SEPTEMBER AND NOVEMBER 2008 CLASSES ARE AVAILABLE
Classes are available now for September 25 - 26, 2008 and November 13 - 14, 2008. Register today for your seat!
The Debt Marketplace, Inc. is committed to providing comprehensive industry resources for maximizing returns and controlling risk, announces that seats are open for its Buyer / Seller 101 course. This two-day class, targeting new market participants and those who are considering it for improving their overall results with debt buying and selling, reviews:
- Overview of the Industry
- Compliance
- Due Diligence
- Pricing
- Negotiations
- Collection Strategies
- Measuring Success
- Marketing Strategies
If you are a first time buyer or veteran, this class can benefit you! Starting with the basics, you develop skills under the insightful instruction of Dennis Hammond, a leader in the Debt Buying / Debt Selling industry.
About Us
Formed in 1994, The Debt Marketplace educates buyers and sellers on all aspects of marketing delinquent receivable portfolios. To help participants succeed in this evolving market, we provide buyers and sellers with expert resources for:
- Maximizing profit potential for all parties.
- Reducing business risk.
- Increasing understanding of market factors.
- Managing post sale issues.
The Debt Marketplace answers the industry's demand for an efficient, reliable and equitable method for portfolio marketing. Our firm focuses on thorough due diligence for all parties to achieve positive result prior to, and following, the transaction.
read more
PENSION BENEFIT GUARANTY CORPORATION AWARDS CONVERGYS CONTRACT FOR RELATIONSHIP MANAGEMENT SOLUTIONS
(Cincinnati; September 10, 2008) - - Convergys Corporation (NYSE: CVG), a global leader in relationship management and a preferred solutions provider to the Federal Government, announced that the Pension Benefit Guaranty Corporation (PBGC), a federal corporation created by the Employee Retirement Income Security Act, has awarded Convergys a contract for its customer management solutions.
read more
ATTORNEY GENERAL MCCOLLUM URGES CONSUMERS TO MONITOR CREDIT AND DEBIT ACTIVITY
TALLAHASSEE - Attorney General Bill McCollum today issued a consumer alert following a significant loss of data from The Bank of New York Mellon Shareholder Services (BNY Mellon SS). More than 742,000 Florida residents may have had their personal data disclosed as a result, out of a total of 12.5 million consumers nationwide whose data was involved in the breach. The Attorney General cautioned consumers who are or have been clients of BNY Mellon to closely review their accounts for unauthorized charges and monitor their bank and credit card statements.
read more
SMALL BUSINESS OWNER OPTIMISM CONTINUES TO DROP
Reflecting signs of a weaker economy and rising costs, small business owners' optimism continues to decline. According to the recent Wells Fargo/Gallup Small Business Index, surveyed in July, small business owner optimism has fallen to 45, the lowest score reported since the survey began five years ago. The Index has been declining since mid-2007.
read more
ARGUS AND TRANSUNION LAUNCH CREDIT DYNAMICS 360(SM) SOLUTION
WHITE PLAINS, N.Y., and CHICAGO, Sept. 9 /PRNewswire/ -- Argus Information and Advisory Services and TransUnion today jointly launched Credit Dynamics 360(SM), the first solution that provides senior financial services executives with a comprehensive and customized view of the U.S. consumer credit landscape. With industry-trended data back through 1999 on 75 depersonalized key credit characteristics, the product allows financial services companies to compare and analyze performance going forward of their customers and their accounts as well as establish benchmarks against the industry overall and their competitors.
read more
WELLS FARGO ANNOUNCES 3RD QUARTER NON-CASH CHARGE FOR FANNIE MAE, FREDDIE MAC PREFERRED SECURITIES
Wells Fargo & Company (NYSE: WFC) said today that in third quarter 2008 it will record other-than-temporary impairment and take a non-cash charge to earnings for its investments in perpetual preferred securities issued by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). The Company's perpetual preferred investments in Fannie Mae and Freddie Mac are included in securities available for sale at a cost of $336 million and $144 million, respectively. These securities currently trade at 5 to 10 percent of par value. The Company does not hold any common or any other equity securities issued by Fannie Mae or Freddie Mac.
read more
BEAR STEARNS AND EMC MORTGAGE TO PAY $28 MILLION TO SETTLE FTC CHARGES OF UNLAWFUL MORTGAGE SERVICING AND DEBT COLLECTION PRACTICES
The Bear Stearns Companies, LLC and its subsidiary, EMC Mortgage Corporation, have agreed to pay $28 million to settle Federal Trade Commission charges that they engaged in unlawful practices in servicing consumers' home mortgage loans. The companies allegedly misrepresented the amounts borrowers owed, charged unauthorized fees, such as late fees, property inspection fees, and loan modification fees, and engaged in unlawful and abusive collection practices. Under the proposed settlement they will stop the alleged illegal practices and institute a data integrity program to ensure the accuracy and completeness of consumers' loan information.
read more
JULY PENDING HOME SALES DOWN 3.2%
The number of pending home sales fell 3.2% in July after gaining in June, according to a report released Tuesday, the latest in a series of gloomy housing reports.
read more
OUSTED STATE STUDENT AID BOARD REINSTATED
California's director of finance has reinstated the EdFund board of directors, reversing a California Student Aid Commission decision to oust the board of the nonprofit agency that guarantees student loans.
read more
TRANSUNION.COM: MORTGAGE LOAN DELINQUENCY RATES RISE FOR THE SIXTH STRAIGHT QUARTER, UP NEARLY 9 PERCENT FROM THE PREVIOUS QUARTER
CHICAGO, Sept. 8 /PRNewswire/ -- TransUnion.com released today the results of its analysis of trends in the mortgage industry for the second quarter of 2008. The report is part of an ongoing series of quarterly consumer lending sector analyses focusing on credit card, auto loan and mortgage data to be released on TransUnion's Web site.
read more
STUDENT LOAN FUNDS AVAILABLE DESPITE LENDING CRISIS WORRIES BUT CONCERNS REMAIN ACCORDING TO REGIONAL SURVEY
BOSTON, Sep 08, 2008 (BUSINESS WIRE) -- A just-completed regional survey reveals that students and parents experienced little or no problems accessing federal students loans for this fall, despite the past summer's sub-prime lending crisis and attendant worries about the availability of college loans.
read more
ILLINOIS CREDIT UNIONS TO HELP WITH COLLEGE AID
CHICAGO (Map, News) - Eight Illinois credit unions have partnered with two state agencies to provide $100 million in financial aid for college students through a new program designed to plug funding gaps brought by the nation's credit crunch, state officials announced Sunday.
read more
FAIR ISAAC PARTNERS WITH INNOVATIVE RECEIVABLES MANAGEMENT FIRM
MINNEAPOLIS--(BUSINESS WIRE)--Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, today announced a partnership with Business Processes Redefined, LLC (BPR) to deliver sophisticated collection and recovery services to corporate clients. This offering is a cost-effective, results-driven alternative to traditional collection practices.
read more
FANNIE, FREDDIE AFTERSHOCKS: MORE BANK WOES
NEW YORK (CNNMoney.com) -- The takeover of Fannie Mae and Freddie Mac is likely to cause big problems for hundreds of community banks nationwide and could lead to a new round of bank failures.
read more
STATEMENT BY SECRETARY HENRY M. PAULSON, JR. ON TREASURY AND FEDERAL HOUSING FINANCE AGENCY ACTION TO PROTECT FINANCIAL MARKETS AND TAXPAYERS
In July, Congress granted the Treasury, the Federal Reserve and FHFA new authorities with respect to the GSEs, Fannie Mae and Freddie Mac. Since that time, we have closely monitored financial market and business conditions and have analyzed in great detail the current financial condition of the GSEs - including the ability of the GSEs to weather a variety of market conditions going forward. As a result of this work, we have determined that it is necessary to take action.
read more
ALAN H. FISHMAN JOINS WASHINGTON MUTUAL AS CHIEF EXECUTIVE OFFICER
SEATTLE--(BUSINESS WIRE)--Sept. 8, 2008--Washington Mutual, Inc. (NYSE:WM), one of the nation's leading banks for consumers and small businesses, announced today that Alan H. Fishman has been appointed chief executive officer and has joined WaMu's Board of Directors.
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 | $464,882.00 Credit Cards
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?593
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774
$1,200,000.00 Credit Cards
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?592
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774
$420,000.00 Credit Cards
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?591
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774
$234,000.00 Credit Cards
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?590
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774
$850,000.00 Credit Cards
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?589
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774
$4,169,435.00 Credit Cards
Argonaut Financial, LLC
http://www.debtconnection.com/portfolio.asp?588
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1826
$2,400,000.00 Telecommunications
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?587
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773
$5,500,000.00 Credit Cards
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?586
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773
$1,000,000.00 Consumer Loans
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?585
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773
$3,800,000.00 Credit Cards
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?584
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773
| | Debt Sellers | QRON INC
888-791-9984
| | Mail Services | PCI GROUP INC
Anthony Faldetta
800-394-0328
More Information
| | Software | WALZ CERTIFIED MAIL SOLUTIONS
951-491-6800
|
|
Industry Events
|
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
28th Annual Midwestern Bankruptcy Institute
American Bankruptcy Institute
H. Roe Bartle Hall Convention Center
Kansas City, Missouri
October 3, 2008
More Information
Recovery Management Strategies and Techniques
Resource Management Services, Inc.
Hyatt Rosemont Chicago O'Hare Airport
Chicago, IL
October 7 - 9, 2008
More Information
Chicago Consumer Bankruptcy Conference
American Bankruptcy Institute
The Standard Club
Chicago, Illinois
October 13, 2008
More Information
Distressed Retailed Summit
Infocast
Digital Sandbox
New York, NY
October 16 - 17, 2008
More Information
|
|
|
This 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 us out at: http://www.debtmarketplace.com/
Copyright 2001 - 2008 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.
Interested parties can also receive a complimentary subscription by registering at http://www.debtconnection.com/signup_ataglance.asp
Fill out your subscription information by clicking the 'Sign up - "At A Glance"' box on the DebtConnection.com homepage.
To unsubscribe use this link: Unsubscribe or send an e-mail to info@debtconnection.com requesting to be removed from the newsletter -- Send from the e-mail that you are subscribed with.
|
| www.DebtConnection.com |
| At A Glance - Friday, November 14, 2008 |
| At A Glance - Wednesday, November 12, 2008 |
| At A Glance - Friday, November 07, 2008 |
| At A Glance - Wednesday, November 05, 2008 |
| At A Glance - Wednesday, October 29, 2008 |
| At A Glance - Friday, October 24, 2008 |
| At A Glance - Wednesday, October 22, 2008 |
| At A Glance - Friday, October 17, 2008 |
| At A Glance - Wednesday, October 15, 2008 |
| At A Glance - Friday, October 10, 2008 |
| At A Glance - Wednesday, October 08, 2008 |
| At A Glance - Friday, October 03, 2008 |
| At A Glance - Wednesday, October 01, 2008 |
| At A Glance - Wednesday, September 24, 2008 |
| At A Glance - Friday, September 12, 2008 |
| At A Glance - Wednesday, September 10, 2008 |
| At A Glance - Friday, September 05, 2008 |
| At A Glance - Wednesday, September 03, 2008 |
| At A Glance - Friday, August 29, 2008 |
| At A Glance - Wednesday, August 27, 2008 |
| At A Glance - Friday, August 22, 2008 |
| At A Glance - Wednesday, August 20, 2008 |
| At A Glance - Friday, August 15, 2008 |
| At A Glance - Wednesday, August 13, 2008 |
| At A Glance - Friday, August 08, 2008 |
| At A Glance - Wednesday, August 06, 2008 |
| At A Glance - Friday, August 01, 2008 |
| At A Glance - Wednesday, July 30, 2008 |
| At A Glance - Friday, July 25, 2008 |
| At A Glance - Wednesday, July 23, 2008 |
| At A Glance - Friday, July 18, 2008 |
| At A Glance - Wednesday, July 16, 2008 |
| At A Glance - Friday, July 11, 2008 |
| At A Glance - Wednesday, July 09, 2008 |
| At A Glance - Wednesday, July 02, 2008 |
| At A Glance - Friday, June 27, 2008 |
| At A Glance - Wednesday, June 25, 2008 |
| At A Glance - Friday, June 20, 2008 |
| At A Glance - Wednesday, June 18, 2008 |
| At A Glance - Friday, June 13, 2008 |
| At A Glance - Wednesday, June 11, 2008 |
| At A Glance - Friday, June 06, 2008 |
| At A Glance - Wednesday, June 04, 2008 |
| At A Glance - Friday, May 30, 2008 |
| At A Glance - Wednesday, May 28, 2008 |
| At A Glance - Friday, May 23, 2008 |
| At A Glance - Wednesday, May 21, 2008 |
| At A Glance - Friday, May 16, 2008 |
| At A Glance - Wednesday, May 14, 2008 |
| At A Glance - Friday, May 09, 2008 |
| At A Glance - Wednesday, May 07, 2008 |
| At A Glance - Friday, May 02, 2008 |
| At A Glance - Wednesday, April 30, 2008 |
| At A Glance - Friday, April 25, 2008 |
| At A Glance - Wednesday, April 23, 2008 |
| At A Glance - Friday, April 18, 2008 |
| At A Glance - Wednesday, April 16, 2008 |
| At A Glance - Friday, April 11, 2008 |
| At A Glance - Wednesday, April 09, 2008 |
| At A Glance - Friday, April 04, 2008 |
| At A Glance - Wednesday, April 02, 2008 |
| At A Glance - Friday, March 28, 2008 |
| At A Glance - Wednesday, March 26, 2008 |
| At A Glance - Friday, March 21, 2008 |
| At A Glance - Wednesday, March 19, 2008 |
| At A Glance - Friday, March 14, 2008 |
| At A Glance - Wednesday, March 12, 2008 |
| At A Glance - Friday, March 07, 2008 |
| At A Glance - Wednesday, March 05, 2008 |
| At A Glance - Friday, February 29, 2008 |
| At A Glance - Wednesday, February 27, 2008 |
| At A Glance - Friday, February 22, 2008 |
| At A Glance - Wednesday, February 20, 2008 |
| At A Glance - Friday, February 15, 2008 |
| At A Glance - Wednesday, February 13, 2008 |
| At A Glance - Friday, February 08, 2008 |
| At A Glance - Wednesday, February 06, 2008 |
| At A Glance - Wednesday, January 30, 2008 |
| At A Glance - Friday, January 25, 2008 |
| At A Glance - Tuesday, January 22, 2008 |
| 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 |
|
|
