DEBT CONNECTION SYMPOSIUM & EXPO®2008 ROOM BLOCK ENDS AUGUST 9TH! There are still rooms available at the San Diego Marriott Hotel and Marina for registered attendees of Debt Connection Symposium & Expo®2008. For reservations, call 800-228-9290 and mention Debt Connection Symposium and Expo®2008 or DCS2008. The conference rate is $229 for Single or Double.
Reservations must be made on or before August 9, 2008 to guarantee group room rate, subject to availability. (Rates outside our block will usually be higher. The hotel block is for registered DCS2008 attendees only.)
To reserve your room today please go to http://cwp.marriott.com/sandt/dcs/. read more
GOVERNOR PATERSON SIGNS COMPREHENSIVE REFORMS TO ADDRESS FORECLOSURE CRISIS Governor David A. Paterson today signed into law a critical subprime lending reform bill which directly addresses the mortgage crisis in New York State. read more
FAIR ISAAC BLAZE ADVISOR EARNS PRESTIGIOUS INSURANCE INDUSTRY AWARD Minneapolis, Minnesota - Fair Isaac Corporation (NYSE: FIC), the leading provider of analytics and decision management technology, announced that it has received the Innovative Implementation Award from The Association for Co-Operative Operations Research and Development (ACORD), the worldwide insurance industry standards body. The award was announced at the 2008 ACORD-LOMA Insurance Systems Forum in Las Vegas. read more
FREDDIE MAC RELEASES SECOND QUARTER 2008 FINANCIAL RESULTS Second quarter net loss of $821 million, or $1.63 per diluted share, compared to a net loss of $151 million, or $0.66 per diluted share, in the first quarter of 2008. read more
MORGAN STANLEY TO ADVISE U.S. DEPARTMENT OF THE TREASURY REGARDING FANNIE MAE AND FREDDIE MAC Morgan Stanley (NYSE: MS) confirmed today that it has been retained by the United States Department of the Treasury to provide capital markets advice to support the Treasury's responsibilities associated with its new authorities regarding Fannie Mae and Freddie Mac. As part of that assignment, Morgan Stanley will support the Treasury's work to promote market stability and the availability of mortgage credit. read more
JUSTICE: HACKERS STEAL 40 MILLION CREDIT CARD NUMBERS Eleven people were indicted Tuesday for allegedly stealing more than 40 million credit and debit card numbers, federal authorities said. read more
FED LEAVES RATES UNCHANGED NEW YORK - The Federal Reserve left a key short-term interest rate unchanged Tuesday and cited both the risk of a slowing economy and inflation pressures, a sign that the central bank may keep rates steady for the next few months. read more
GROWTH DRIVEN BY CREDIT AND COLLECTION INDUSTRY CLIENTS TRANSITIONING FROM HARDWARE DIALERS AND IVRS SAN FRANCISCO - LiveVox Inc., the leading provider of hosted dialer solutions, today announced that use of the company's hosted VoIP Dialer increased 350 percent in the second quarter of 2008. read more
SENATOR URGES FED TO TOUGHEN CREDIT CARD RULES WASHINGTON (Reuters) - The Federal Reserve needs to push harder to protect consumers from credit card abuses, such as hidden fees and interest rates that jump unexpectedly, a senior senator urged on Monday. read more
MORTGAGE RULES CHANGES SKEWER SOME SALES Drake Paul, a pediatrician, entered into a contract at the end of May to sell his two-bedroom, one-bath newly renovated house in Sparks, Nev., for $170,000. The buyer had lender approval, the appraisal was done, and the inspection checked out. read more
ASSET ACCEPTANCE CAPITAL CORP. ANNOUNCES SECOND QUARTER 2008 RESULTS WARREN, Mich. - Asset Acceptance Capital Corp. (Nasdaq: AACC), a leading purchaser and collector of charged-off consumer debt, today announced second quarter 2008 results, highlighted by record investments in purchased receivables of $65.3 million and reduced operating expenses of 52.2 percent of cash collections. read more
'DEBT MELTDOWN PROGRAM' MARKETERS SETTLE WITH FTC; CHARGED WITH FAILING TO DELIVER PROMISED DEBT REDUCTION SERVICES Four companies and their principals, Robert and Miriam Lovinger, have agreed to settle Federal Trade Commission charges that they deceptively marketed a "debt settlement" program that failed to provide services they claimed would reduce consumers' debt. read more
CR SOFTWARE RELEASES ENHANCED CUSTOMER PORTAL CR SOFTWARE RELEASES ENHANCED CUSTOMER PORTAL Fairfax, VA – CR Software LLC (CRS), the leading financial software solutions provider to collections entities, announces today a major upgrade to its CRS Customer Portal. read more
ENCORE CAPITAL TURNS TO PROFIT IN Q2 Monday, Encore Capital Group Inc. (ECPG: News, Chart, Quote ), a consumer debt management company, reported a profit for the second quarter, which topped analysts' estimate, compared to a loss in the year ago-period on a 4% revenue increase. read more
SUNTRUST BANK ACQUIRES THE INSURED DEPOSITS OF FIRST PRIORITY BANK, BRADENTON, FLORIDA First Priority Bank, Bradenton, Florida, was closed today by the Commissioner of the Florida Office of Financial Regulation, and the Federal Deposit Insurance Corporation (FDIC) was named receiver. read more
HSBC PROFIT FALLS 28% AS BAD DEBT RISES $10BN HSBC today abandoned offering car loans to poor and credit-impaired Americans as it revealed the credit crisis wiped a further $10.1 billion (£5.1 billion) from its profits. read more
PAULSON TAPS MORGAN STANLEY FOR FREDDIE, FANNIE ADVICE The Treasury Department retained Wall Street's Morgan Stanley on Tuesday to advise it on its new authority to prop up troubled mortgage financiers Fannie Mae and Freddie Mac. read more
WELL-ESTABLISHED CHECK CASHING ORGANIZATION CHOOSES IAT TO BOOST AGENT Salt Lake City, UT - PLS Financial Services is trying a new recipe for success in collections this summer by adding IAT's site-premised dialer CT Center to the mix. read more
LOOMING JOB CUTS MARCH ON - REPORT NEW YORK - The nation's employers continue to put jobs on the chopping block at a steep rate as the economy struggles, according to a new report. 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 | $3,649,296.00 Credit Cards Argonaut Financial, LLC http://www.debtconnection.com/portfolio.asp?576 More information about this company can be found here: http://www.debtconnection.com/moreinfo.asp?1826
$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
| | Agency | NETQUEST RECOVERY SERVICES, INC. Russel French 877-300-9297 More Information
| | Payment Processors | AUTOSCRIBE CORPORATION Christopher McClinton 800-345-7243 More Information
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Industry Events
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10th Annual Conference - Blazing New Trails
African-American Credit Union Coalition
Hyatt Regency Hotel
Houston, TX
August 6 - 10, 2008
More Information
THE PRIVACY SYMPOSIUM - SUMMER 2008: PRIVACY IN TRANSITION
THE PRIVACY SYMPOSIUM
Charles Hotel Harvard University
Cambridge, MA
August 18 - 21, 2008
More Information
THE SIXTEENTH NATIONAL HIPAA SUMMIT AT HARVARD - SPECIAL EDITION
Healthcare Privacy and Security Training and Professional Certification
Charles Hotel
Harvard University, Cambridge, MA
August 18 - 21, 2008
More Information
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
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| At A Glance - Wednesday, July 09, 2008 |
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| At A Glance - Friday, May 09, 2008 |
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| At A Glance - Wednesday, April 30, 2008 |
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| At A Glance - Friday, April 11, 2008 |
| At A Glance - Wednesday, April 09, 2008 |
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| 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 |
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| 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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