EXPERIAN SURVEY SHOWS 59 PERCENT OF AMERICANS FEEL THE ECONOMIC STIMULUS PACKAGE IS A SHORT-TERM FIX TO THE U.S. ECONOMY
Irvine, Calif., April 8, 2008 - An Experian Consumer DirectSM poll shows that more than half of Americans feel the recently signed $152 billion federal economic stimulus package is a short-term solution for the troubled U.S. economy, while 32 percent feel the package will cause more Americans to reinvest in the economy.
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IAT DIALING TECHNOLOGY CHOSEN BY NATIONAL CREDIT SOLUTIONS: SMALL COLLECTION AGENCY NEEDS DIALING TECHNOLOGY TO STAY COMPETITIVE
IAT is pleased to announce that National Credit Solutions (NCS), a full-service contingency collection agency, has chosen CT Center as their first predictive dialing solution. IAT provides predictive dialing and interactive contacting solutions for collection organizations of all sizes.
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WAMU DITCHES THE WHOLESALE MORTGAGE BIZ
Troubled thrift giant Washington Mutual (NYSE:WM - News), once one of the biggest players in residential mortgages, will stop making loans through independent mortgage brokers -- what the industry calls the "wholesale" side of the business. Instead the company will focus on loans through its 2,200 retail bank branches.
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U.S. ALLOWING FHA TO INSURE MORE MORTGAGES
WASHINGTON (MarketWatch) -- In an effort to let more borrowers keep their homes, the Bush administration is expanding a program to allow more borrowers to refinance mortgages. The administration is allowing the Federal Housing Administration to insure more mortgages, and expects about 500,000 families will refinance into prime-rate mortgages by the end of the year.
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IN A CLASSIC CASE OF WHAT YOU DON'T KNOW CAN KILL YOUR BUSINESS
FACTA violations - federal legislation passed in 2004 - has resulted in some of the country's leading merchants facing litigation in the hundreds of millions of dollars.
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GOVERNOR RANDALL S. KROSZNER
Chairman Frank, Ranking Member Bachus, and other members of the Committee, I am pleased to be here today to discuss efforts to address the current problems in the mortgage and housing markets.
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SOUNDBITE COMMUNICATIONS GAINS APPROVAL TO DELIVER FREE-TO-END-USER TEXT MESSAGING ON THE NATIONWIDE SPRINT NETWORK
Bedford, Mass. - April 8, 2008 - SoundBite Communications, Inc. (NASDAQ: SDBT), a leading provider of on-demand customer contact solutions, announced that it has received approval from Sprint (NYSE: S) to deliver Free-to-End-User (FTEU) text messages on the Nationwide Sprint Network. Organizations view FTEU text messaging as a service differentiator which allows them to deliver text messages without the recipient incurring any cost for the communication. SoundBite is currently the only provider to implement FTEU text messaging on all four major wireless carrier networks, reaching 81 percent of U.S. wireless subscribers.
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READ THE FED'S MINUTES
NEW YORK (CNNMoney.com) -- Here are the minutes from the March 18, 2008 meeting of the Federal Reserve's Federal Open Market Committee:
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DEBTX TO SELL $218 MILLION IN RESIDENTIAL AND COMMERCIAL REAL ESTATE LOANS
DebtX, the largest marketplace for commercial debt, today announced the sale of more than $218 million in residential and commercial real estate loans secured by properties across the United States.
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CONSUMER BORROWING SLOWS
NEW YORK (CNNMoney.com) -- Consumer credit growth slowed in February, but Americans remained dependent on their credit cards to get through difficult economic times, according to a Federal Reserve report issued Monday.
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WAMU GETS $7 BLN INFUSION, CUTS JOBS, SEES LOSS
NEW YORK (Reuters) - Washington Mutual Inc (WM.N), battered by mortgage delinquencies and defaults, said Tuesday it obtained a $7 billion capital injection from private equity firm TPG Inc and other investors, but projected a $1.1 billion quarterly loss and set plans to eliminate 3,000 jobs.
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CALLMINER AND ASPECT ANNOUNCE NEW CUSTOMER, DAIMLER FINANCIAL SERVICES
Fort Myers, Fla. - April 8, 2008 - CallMiner, a global provider of speech analytics, and the PerformanceEdge Group of Aspect Software, a global company focused on unified communications for the contact center, have been chosen by Daimler Financial Services Americas to monitor the quality, content, context, intention and outcome of contact center conversations. Implementation is scheduled to begin mid-Q2 2008 with an estimated go-live date of mid-Q3 2008.
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ATTORNEY GENERAL OBTAINS $1.3 MILLION JUDGMENT AGAINST JACKSONVILLE DEBT COLLECTOR
TALLAHASSEE, FL - Attorney General Bill McCollum today announced that a Jacksonville resident and his debt collection agency have been ordered to pay $1.3 million in restitution and civil penalties for violations of Florida and Federal collections laws.
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FTC CHAIRMAN AND COMMISSIONERS TESTIFY BEFORE SENATE COMMITTEE ON COMMERCE, SCIENCE, AND TRANSPORTATION ON PROPOSED 'FEDERAL TRADE COMMISSION REAUTHORIZATION ACT OF 2008'
Federal Trade Commission Chairman William E. Kovacic and Commissioners Pamela Jones Harbour, Jon Leibowitz, and J. Thomas Rosch today presented FTC testimony before the U.S. Senate Committee on Commerce, Science, and Transportation, highlighting the agency's accomplishments since the last FTC reauthorization hearing in September, and providing comments on the proposed "Federal Trade Commission Reauthorization Act of 2008."
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TSYS INTRODUCES N>GENUITY IN ACTION: N>GENSM INITIATIVE FOR THE NEXT GENERATION OF PAYMENT SOLUTIONS
Columbus, Ga., April 7, 2008 - TSYS today announced the launch of n>gen, a new business paradigm that makes it easy for TSYS clients to efficiently and thoroughly manage all their complex payments-related business needs with point-and-click ease.
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S.F. SUES CREDIT CARD SERVICE, ALLEGING BIAS
The city of San Francisco is suing a leading credit card dispute resolution service, accusing it of favoring industry and stacking the system against consumers in debt collection cases.
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FORECLOSURE FIX FACES MURKY FUTURE
NEW YORK (CNNMoney.com) -- The Senate on Tuesday is expected to pass a $15 billion package of housing measures intended to stabilize the housing market.
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MICHAEL T. HOMANT JOINS CR SOFTWARE AS BUSINESS DEVELOPMENT EXECUTIVE
Fairfax, VA, April 4, 2008 - CR Software LLC (CRS), the leading collections solutions provider for collection agencies and corporate debt recovery departments, announces today that Michael T. Homant has joined the company as Business Development Executive.
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HSBC LOSES CUSTOMERS' DATA DISC
The HSBC banking group has admitted losing a computer disc with the details of 370,000 customers.
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DISCOVER GOBBLES DINER'S CLUB FOR $165 MILLION
In an effort to go global, Discover Financial Services is purchasing Diners Club international from Citigroup for $165 million.
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VAN RU APPOINTS CHIEF MARKETING OFFICER
Des Plaines, IL, April 7, 2008 - Van Ru Credit Corporation is pleased to announce the addition of Roni Teson to the company's Executive Team. Ms. Teson will serve as Chief Marketing Officer (CMO) with primary responsibility for key client acquisitions.
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| 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 | $1,600,000.00 Credit Cards
Charge-Off Clearinghouse
http://www.debtconnection.com/portfolio.asp?518
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?247
$2,026,471.00 Credit Cards
Charge-Off Clearinghouse
http://www.debtconnection.com/portfolio.asp?517
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?247
$6,193,475.00 Credit Cards
Charge-Off Clearinghouse
http://www.debtconnection.com/portfolio.asp?516
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?247
$8,100,000.00 Credit Cards
Charge-Off Clearinghouse
http://www.debtconnection.com/portfolio.asp?515
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?247
$12,147,000.00 Credit Cards
Charge-Off Clearinghouse
http://www.debtconnection.com/portfolio.asp?514
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?247
$14,340,000.00 Credit Cards
Charge-Off Clearinghouse
http://www.debtconnection.com/portfolio.asp?513
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?247
$25,000,000.00 Credit Cards
Charge-Off Clearinghouse
http://www.debtconnection.com/portfolio.asp?512
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?247
$1,583,940.00 Credit Cards
Charge-Off Clearinghouse
http://www.debtconnection.com/portfolio.asp?519
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?247
$6,100,000.00 Credit Cards
Oliphant Financial Corporation
http://www.debtconnection.com/portfolio.asp?510
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?250
$11,400,000.00 Consumer Loans
Oliphant Financial Corporation
http://www.debtconnection.com/portfolio.asp?509
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?250
$8,467,169.00 Credit Cards
L & L FINANCIAL SERVICES
http://www.debtconnection.com/portfolio.asp?511
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2728
$1,848,594.00 Credit Cards
Argonaut Financial, LLC
http://www.debtconnection.com/portfolio.asp?508
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1826
$1,468,356.00 Credit Cards, Telecommunications
WorldWide Debt Exchange
http://www.debtconnection.com/portfolio.asp?507
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1690
$6,307,097.00 Credit Cards
MATTIA & ASSOCIATES
http://www.debtconnection.com/portfolio.asp?505
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2999
$10,502,381.00 Credit Cards
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?504
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773
$478,251.00 Consumer Loans
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?503
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773
$1,423,593.00 Consumer Loans
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?502
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773
$5,777,052.00 Credit Cards
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?501
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773
$1,594,968.00 Credit Cards
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?498
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773
$247,259.00 Credit Cards
MATTIA & ASSOCIATES
http://www.debtconnection.com/portfolio.asp?495
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2999
$992,717.00 Medical
WorldWide Debt Exchange
http://www.debtconnection.com/portfolio.asp?494
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1690
$750,485.00 Credit Cards
Oliphant Financial Corporation
http://www.debtconnection.com/portfolio.asp?491
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?250
| | Agency | FIRST PERFORMANCE RECOVERY CORP
702-951-1000
| | Brokers | IVAN HERNANDEZ
347-249-4644
| | Consultants | CORNERSTONE SUPPORT, INC.
Tony Bailey
770-587-4595
More Information
IVAN HERNANDEZ
347-249-4644
| | Debt Buyers | PEAK5
Rashad Miller
877-500-4646
More Information
DEBT TRADE PARTNERS, LLC
Walter Frye
888-828-9957
More Information
| | Legal Networks/Services | QWEST PORTFOLIOS-BANK GARNISHMENT
469-644-1475
| | Skip Tracing | MASTERFILES, INC.
John Hambrick
770-528-5875
More Information
CBCINNOVIS
610-363-1707
|
|
Industry Events
|
March For Success
ACA International
Green Valley Ranch, Resort & Spa
Las Vegas, NV
April 9 - 11, 2008
(562) 906-1101
More Information
Austin Logistics' Impact 2008: Survival of the Smartest
Austin Logistics
Four Seasons Hotel
Austin, TX
April 14- 16, 2008
(512) 328-8215
More Information
The Smarter Decisions Conference
InterACT: A Fair Isaac Forum
Luxury Collection Palace Hotel
San Francisco, California
April 27 - 30, 2008
(800) 496-7001
More Information
|
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| 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 |
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