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Wednesday, July 30, 2008

Mid-Week News:

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DEBT CONNECTION SYMPOSIUM & EXPO® 2008 GOLF TOURNAMENT
There is still time for DCS 2008 attendees to sign up for the Debt Connection Symposium & Expo® 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.

CAR LEASING CHAOS: WHAT'S RIGHT FOR YOU
NEW YORK - With so many auto financing companies getting out of the leasing business, you might think they don't want you to lease anymore.
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.

For more information and to sign up for this class, please browse this link:
http://www.debtmarketplace.com/buyerseller101.html

BUSH SIGNS HOUSING RESCUE LAW
NEW YORK - President Bush on Wednesday signed into law a sweeping housing bill that aims to boost the struggling housing market and bolster mortgage finance giants Fannie Mae and Freddie Mac.
read more

WELLS FARGO CUSTOMERS IN 18 STATES AND GREATER SACRAMENTO ARE FIRST IN THE COUNTRY TO USE WELLS FARGO VSAFESM - PERSONAL ONLINE SAFE
Safeguarding and organizing copies of important documents has just gotten easier for Wells Fargo & Company (NYSE: WFC) customers in 18 states - Arizona, Idaho, Illinois, Indiana, Iowa, Michigan, Minnesota, Montana, Nebraska, Nevada, New Mexico, North Dakota, Ohio, South Dakota, Texas, Utah, Wisconsin, Wyoming - and the Greater Sacramento area.
read more

DCS 2008 TO ONCE AGAIN PRESENT THE GREAT DEBATES
Quality presentations and experienced, knowledge speakers will once again highlight the Debt Connection Symposium and Expo 2008. Whether you are an industry veteran or exploring a new direction for your company or career, there will be something here for you, insight into an evolving challenge, a new strategy or tool, or a different take on a common issue.
read more

GE MONEY AND BROOKS BROTHERS EXTEND SUCCESSFUL, LONG-TERM CREDIT CARD PROGRAM PARTNERSHIP
STAMFORD, Conn. - GE Money, the consumer lending unit of General Electric Company (NYSE:GE), today announced a multi-year renewal of the Brooks Brothers private label card and Dual Card credit programs for the company's 209 stores located throughout the United States and on its web site.
read more

PORTFOLIO RECOVERY ASSOCIATES REPORTS SECOND QUARTER 2008 RESULTS
NORFOLK, VA - Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company that purchases, collects and manages portfolios of defaulted consumer receivables and provides a broad range of accounts receivable management services, today reported net income of $11.4 million, or $0.75 per diluted share, for the quarter ended June 30, 2008.
read more

CREDIT CARD GRIPES FLOOD FED
Consumers are filing a record number of comments - mostly complaints - about credit cards with the Federal Reserve, adding momentum to efforts to reform the industry.
read more

MORE FORECLOSURE GLOOM
As foreclosures continue to soar, 220,000 homes were lost to bank repossessions in the second quarter, according to a housing market report Friday issued by RealtyTrac.
read more

BANK OF AMERICA, CITI, JPMORGAN CHASE AND WELLS FARGO & COMPANY ANNOUNCE SUPPORT FOR COVERED BOND STATEMENTS FROM FDIC AND U.S. TREASURY DEPARTMENT
In a joint statement today, Bank of America, Citi, JPMorgan Chase and Wells Fargo announced their support for two recent regulatory efforts taken to promote the development of a U.S. covered bond market.
read more

ONTARIO SYSTEMS INTEGRATES IP-BASED TELEPHONY PLATFORM
Ontario Systems has fully integrated Guaranteed Contacts IP, the market-leading VoIP telephony platform, into its collection applications.
read more

BANKING DEPARTMENT TO REQUIRE LICENSES FOR INTERNET PAYDAY LENDERS
HARRISBURG, Pa. - Secretary of Banking Steve Kaplan announced today that Internet payday lenders and other out-of-state companies that make consumer loans to Pennsylvania residents will need to be licensed by the Department of Banking and comply with state laws.
read more

TNB ADDS TWO NEW CREDIT UNIONS TO ITS AGENT CARD PORTFOLIO
Dallas - TNB Card Services continues to purchase credit union card portfolios, even in the face of declines in the reduced number of credit unions selling this year. TNB's purchase of Oregon Pioneer Federal Credit Union and N.H. Community Federal Credit Union adds more than $2 million in receivables to the overall balances of TNB's agent issuing portfolio.
read more

MARY COFFIN, EVP OF WELLS FARGO HOME MORTGAGE SERVICING, TESTIFIES BEFORE THE U.S. HOUSE OF REPRESENTATIVES FINANCIAL SERVICES SUBCOMMITTEE
"Chairman Frank, Ranking Member Bachus, and Members of the Financial Services Committee, thank you for the opportunity to share Wells Fargo's perspective on our loan servicing practices and current market conditions.
read more

WACHOVIA TO CUT JOBS, REDUCE DIVIDEND
Battered by the slumping housing in dustry, Wachovia Corp. said Tuesday it would eliminate more than 10,000 positions and slash its dividend after reporting an $8.9 billion loss in the second quarter.
read more

TOUCHSTAR, A WORLD CLASS PROVIDER OF CALL CENTER TECHNOLOGY, IS RECOGNIZED AS ONE OF THE FASTEST GROWING COLORADO COMPANIES
Denver, CO - For the sixth consecutive year, TouchStar was recognized by the Denver Business Journal as one of the "Fastest Growing Large Private Companies" in Colorado. TouchStar ranked 8th among peer companies based on revenue growth this year.
read more

MUTUAL OF OMAHA BANK ACQUIRES ALL DEPOSITS OF FIRST NATIONAL BANK OF NEVADA AND FIRST HERITAGE BANK, N.A.
First National Bank of Nevada, Reno, Nevada, and First Heritage Bank, N.A., Newport Beach, California (owned by First National Bank Holding Company, Scottsdale, Arizona), were closed today by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (FDIC) was named receiver.
read more

HOW HOUSING RESCUE BILL CAN HELP YOU
NEW YORK - The Senate on Saturday passed a $300 billion housing rescue bill aimed at helping troubled homeowners avoid foreclosure and supporting mortgage giants Fannie Mae and Freddie Mac.
read more

CHRYSLER IS NO LONGER LEASING
DETROIT (AP) - Chrysler says its financial arm will get out of the auto leasing business.
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

$2,179,832.00     Consumer Loans
Argonaut Financial, LLC
http://www.debtconnection.com/portfolio.asp?575
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1826

$323,909.00     Checks
MATTIA & ASSOCIATES
http://www.debtconnection.com/portfolio.asp?573
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2999

$169,195.00     Consumer Loans
MATTIA & ASSOCIATES
http://www.debtconnection.com/portfolio.asp?572
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2999

Agency

PEAK CREDIT SERVICES, LLC
877-586-1477

CRSI
866-502-2774

Attorney

FREDERICK J. HANNA & ASSOCIATES, P.C.
770-988-9055

Debt Buyers

PEAK CREDIT SERVICES, LLC
877-586-1477

CAROUSEL & ASSOCIATES, LLC
716-909-4386

RELIANCE DEBT RELIEF
386-585-3226

BOULDER CREDIT SERVICES
248-434-5114

Debt Sellers

WORLDWIDE DEBT EXCHANGE
Mandy L. Silva
866-332-8648
More Information

Legal Networks/Services

CRSI
866-502-2774

Industry Events

The Payments Institute East 2008
NACHA
Emory Conference Center Hotel
Atlanta, Georgia
July 27 - 31, 2008
More Information

4th Annual Mid-Atlantic Bankruptcy Workshop
American Bankruptcy Institute
Hyatt Regency, Chesapeake Bay Cambridge, MD
July 31 - August 2, 2008
More Information

2008 COHEAO Mid-Year Conference
COHEAO
Westin Tabor Center
Denver, CO
August 2 - 5, 2008
More Information

Consumer Lending Institute
The Independent Community Bankers of America
Embassy Suites Hotel Bloomington
Minneapolis, MN
August 3 - 6, 2008
More Information

10th Annual Conference - Blazing New Trails
African-American Credit Union Coalition
Hyatt Regency Hotel
Houston, TX
August 6 - 10, 2008
More Information

Advertise Here

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

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At A Glance Archive 2007 20062005

At A Glance - Wednesday, November 19, 2008

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