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At A Glance Newsletter
Friday, February 04, 2005
THE DEBT MARKETPLACE - AT A GLANCE http://www.debtmarketplace.com/glance.html Friday, February 04, 2005 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 BUYER/SELLER 101 WILL BE OFFERED AGAIN IN SOUTHERN CALIFORNIA, MARCH 3-4, 2005 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/buyer-seller101.html REPORT: AMERIQUEST PRACTICES CRITICIZED BY EX-WORKERS, CUSTOMERS Customers and former employees of Ameriquest Capital Corp., the nation's largest sub-prime mortgage lender, have claimed in court documents and interviews that the company has engaged in improper practices ranging from forging documents to lying about borrowers' income to qualify them for loans they can't afford. http://www.mercurynews.com/mld/mercurynews/news/breaking_news/10816980.htm FANNIE, FREDDIE REGULATOR SEEKS POWER TO CLOSE COMPANIES Lawmakers and the Bush administration have their sights set on both Fannie and Freddie as the legislative year begins. Both companies, which pump millions of dollars into the mortgage market, have weathered accounting scandals recently, with two of Fannie's top executives resigning over a massive earnings restatement http://www.marketwatch.com/news/yhoo/story.asp? US FINANCIAL FIRMS DECIDE LESS IS MORE, SHED UNITS Sprawling U.S. financial services companies that bulked up to diversify in the 1990s are now shedding units, as investors push for simpler, more focused companies, analysts and executives say. http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?wsml GRASSLEY RENEWS EFFORT TO REFORM BANKRUPTCY CODE Sen. Chuck Grassley late yesterday introduced legislation to overhaul the nation's bankruptcy code. http://grassley.senate.gov/index.cfm?FuseAction=PressReleases.Detail&PressRelease_id=4873 TUPELO-BASED COLLECTION AGENCY SETTLES CLASS-ACTION LAWSUIT A Tupelo-based collection agency has settled a class-action lawsuit involving 1,843 claims the firm handled in Mississippi justice courts. http://www.sunherald.com/mld/sunherald/10788054.htm ANTI-PREDATORY LENDING LAW TOSSED OUT A divided California Supreme Court struck down on Monday Oakland's landmark 2001 ordinance that sought to protect poor and elderly homeowners from high-cost predatory lending. http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2005/02/01/BAGL9B3NCH1.DTL FTC RELEASES TOP 10 CONSUMER COMPLAINT CATEGORIES FOR 2004 The Federal Trade Commission today released its annual report detailing consumer complaints about identity theft and listing the top 10 categories of fraud-related complaints filed with the FTC in 2004. http://www.ftc.gov/opa/2005/02/top102005.htm CREDITORS' AUDITOR TRAINING CLASS The Auditor Training course offered by Resource Management Services, Inc. (RMS) provides the attendee with an understanding of what a collection vendor auditor should be looking for. The course covers specifics on what to look for and how to evaluate the findings. The class will held in Southern California on May 3-6, 2005 The course is for originating creditors only: http://www.resourcemanagement.com/training.php3#auditing DEBTCONNECTION.COM & DEBTSEARCH.COM CONTINUE TO GROW & EXPAND The industry Websites, http://www.debtsearch.com & 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 and DEBTSEARCH.COM: DEBT BUYERS To view all listed debt buyers and contact information on DEBTCONNECTION.COM check http://www.debtconnection.com/debtbuyers.asp DEBTSEARCH.COM check http://www.debtmarketplace.com/buyers-matrix.html New additions and updates this week include: Cypress Financial Recoveries, L.L.C. 201-439-1106 Grimley Financial Corp 856-672-1014 Imextrade +48 326780017 Ozark Capital Corporation 501-370-9900 Capital Adjustment Services, Inc. 952-930-0200 Investment Capital Recovery LLC 480-282-8422 DEBT SELLERS To view all listed debt sellers and contact information on DEBTCONNECTION.COM check http://www.debtconnection.com/debtsellers.asp DEBTSEARCH.COM check http://www.debtmarketplace.com/sellers-matrix.html New additions and updates this week include: Lindquist & Trudeau, Inc. 713-395-1481 CONSULTANTS To view all listed debt sellers and contact information on DEBTCONNECTION.COM check http://www.debtconnection.com/blisting.asp?13 DEBTSEARCH.COM check http://www.debtmarketplace.com/consultants-and-brokers-matrix.html New additions this week include: First Choice Recoveries, Inc. 800-533-8423 COLLECTION SERVICES To view all listed agencies and contact information on DEBTCONNECTION.COM check http://www.debtconnection.com/agencies.asp DEBTSEARCH.COM check http://www.debtmarketplace.com/collection-services.html New additions and updates this week include: Mlegal, India +91-11-51503808 Agency,Attorney Grimley Financial Corp. 856-672-1014 Agency Apple & Apple, P.C. 800-477-2775 Attorney UPCOMING INDUSTRY EVENTS For all upcoming industry events, check http://www.debtconnection.com/industryevents.asp and http://www.debtmarketplace.com/calendar.html Sixth Annual Client Conference Austin Logistics (512) 478-4500 Austin, TX April 20-21, 2005 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, 2002, 2003, 2004 THE DEBT MARKETPLACE, INC. 562-903-7220 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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