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Friday, May 5, 2017
This Weeks Articles:
REPUBLICANS ADVANCE DODD-FRANK REWRITE IN HOUSE
House Republicans advanced a bill Thursday that would significantly rewrite President Obama's post-crisis banking rules, and have broad implications for almost every aspect of the financial system.
read more

REMARKS OF FCC COMMISSIONER MICHAEL O'RIELLY ACA INTERNATIONAL'S WASHINGTON INSIGHTS CONFERENCE
Thank you for inviting me to join you today to discuss the Telephone Consumer Protection Act of 1991, or TCPA. You have been kind enough to invite me before, and looking back on how I ultimately arrived here today, I had to smile because it seemed relevant to the topic at hand and your industry's operations. The first time I was called upon to speak, I turned it down. When I was contacted a second time, I was interested but it wasn't the right time to discuss these issues, so I said no again. The third time, I was both interested and ready, but it didn't fit my schedule, so I had to decline. Finally, on this fourth time, the stars aligned, and I was able to accept. But imagine if you had only been allowed to contact me three times. Perseverance can make all the difference and ultimately benefit everyone involved. I am certainly glad that you kept calling, because this an interesting time to talk about TCPA.
read more

CONVOKE NAMED ONE OF VIRGINIA'S FANTASTIC 50 COMPANIES FOR 2017
ARLINGTON, Va.--(BUSINESS WIRE)--Convoke, a leader in SaaS solutions for the debt collection market, has been named one of Virginia's Fantastic 50 Companies by the Virginia Chamber of Commerce. The company's continued success over the course of the last four years has propelled it to be one of the Commonwealth's fastest growing organizations.
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UNDERWATER MORTGAGES ON DECLINE
The number of seriously underwater properties is on the decline, according to the Q1 2017 Home Equity and Underwater Report released by ATTOM Data Solutions on Thursday. Approximately 5.5 million U.S. homes were seriously underwater for the quarter-a drop from last year's 6.7 million. As a percentage of all mortgages, seriously underwater loans also dropped, accounting for 9.7 percent of all loans versus the 12 percent of Q1 2016.
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ASHISH MASIH TO BECOME PRESIDENT AND CEO OF ENCORE CAPITAL GROUP
SAN DIEGO, May 04, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group (NASDAQ:ECPG) today announced that President and Chief Executive Officer (CEO) Ken Vecchione will be leaving the company to become the President of Western Alliance Bancorporation. Following Encore's long-established succession plan, Ashish Masih will become Encore's President and CEO, which follows his recent appointment as President of the company's subsidiary Midland Credit Management. Mr. Vecchione will remain in his role at Encore until the 2017 annual stockholders meeting on June 15, 2017, to ensure a smooth transition of his duties to Mr. Masih. At the upcoming 2017 stockholders meeting, Mr. Vecchione will not stand for re-election to the Board of Encore, and Mr. Masih will be appointed as a director following the meeting. In connection with the transition, Paul Grinberg will be appointed as President, International, and will become the Chairman of the Board of Cabot Credit Management, Encore's U.K. subsidiary.
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CFPB: WE ARE SEEKING COMMENT ON OUR PLAN FOR ASSESSING THE MORTGAGE SERVICING RULE
Today, we've released our plan to assess the effectiveness of the Real Estate Settlement Procedures Act (RESPA) mortgage servicing rule. We are asking the public to comment on our plan, to suggest sources of data, and generally to provide other information that would help with the assessment.
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FTC ANNOUNCES FINAL AGENDA FOR IDENTITY THEFT CONFERENCE
The Federal Trade Commission has announced the final agenda for a conference that will examine the state of identity theft now and how it may evolve in the future. The event will take place on May 24, 2017, in Washington, D.C.
read more

U.S. BANK AP OPTIMIZER(tm) WINS MONARCH INNOVATION AWARD
MINNEAPOLIS--(BUSINESS WIRE)--May 2, 2017-- The U.S. Bank AP Optimizer(tm) is the 2017 recipient of the Monarch Innovation Award for Most Innovative New Product. Honored by Barlow Research for value, "stickiness," ease of use and "wow" factor, the product is the first truly digital accounting and payment solution enabling small and medium businesses to manage cash flow in near real-time.
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NOBLE SYSTEMS ANNOUNCES 'INNOVATIONS AWARD' WINNERS AT SNUG 2017
Atlanta, GA - May 3, 2017: Noble Systems Corporation, a global leader in omnichannel contact center technology solutions, presented its "Innovations Award" to deserving clients at the company's 2017 Select Noble Users Group (SNUG) Americas conference - a gathering of Noble Systems clients and partners - held last month in Clearwater Beach, Florida.
read more

TRANSUNION PLANS TO ADD MORE EMPLOYEES AT BOCA LOCATION
TransUnion's Boca Raton office is growing.
read more

SUPREME COURT SAYS CITIES CAN SUE BANKS OVER PREDATORY LOANS
WASHINGTON - The Supreme Court ruled Monday that cities can sue banks for discriminatory mortgage lending practices, but they must prove that predatory loans led to damages such as lost tax revenue and higher spending on municipal services.
read more

U.S. BANK SURVEY: TIMES ARE GOOD FOR SMALL BUSINESS OWNERS
MINNEAPOLIS--(BUSINESS WIRE)--Business owners are more optimistic than any time in the eight year history of the U.S. Bank Small Business Annual Survey.
read more

OREGON SUPREME COURT RULES THAT DEBT-COLLECTING LAWYERS ARE SUBJECT TO CONSUMER PROTECTION LAWS
The Oregon Supreme Court ruled on Thursday that lawyers who collect debts are subject to an Oregon consumer protection law called the Unfair Trade Practices Act, which prohibits "unconscionable tactics."
read more

ONTARIO SYSTEMS AND RECONDO TECHNOLOGY PARTNER TO INCREASE, ACCELERATE AND OPTIMIZE PAYMENTS TO HEALTHCARE PROVIDERS
(MUNCIE, Ind.- April 27, 2017) - Ontario Systems, a leading software provider to the healthcare revenue cycle management (RCM), accounts receivable management (ARM) and government (GOV) markets, has announced a new partnership with Recondo Technology to provide cloud-based revenue cycle solutions to its healthcare provider customers.
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
$567,611.00     Payday Loans
Liberty Credit Management
http://www.debtconnection.com/portfolio.asp?7834  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8084  

$627,072.00     Consumer Loans
Capital Asset Management Inc
http://www.debtconnection.com/portfolio.asp?7833  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7689  

$9,346,877.00     Payday Loans
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?7831  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

$87,314,404.00     Credit Cards
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?7830  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

$434,723.00     Payday Loans
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?7829  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

$4,756,264.00     Credit Cards
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?7828  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774  

$10,045,055.00     Credit Cards
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?7827  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774  

$306,105.00     Payday Loans
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?7826  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774  

$5,000,000.00     Payday Loans
Premier Asset Management, LLC
http://www.debtconnection.com/portfolio.asp?7825  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?5453  

$2,000,000.00     Credit Cards
Premier Asset Management, LLC
http://www.debtconnection.com/portfolio.asp?7824  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?5453  

$4,000,000.00     Credit Cards
Premier Asset Management, LLC
http://www.debtconnection.com/portfolio.asp?7823  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?5453  

Agency
MEADOWLARK FINANCIAL, LLC
503-853-4136

Bankruptcy
PHIN SOLUTIONS
Todd Hinrichs
763-633-7007
More Information

Debt Buyers
CHERRYWOOD ENTERPRISES, LLC
Craig M. Geisler
561-508-7650
More Information

Debt Sellers
BAYVIEW SOLUTIONS LLC
Godfrey Tan-Torres
866-546-9088
More Information

LEGACY GROUP UNITED
Mark Collins
877-827-9328
More Information

Skip Tracing
VERIFACTS INC
Stephanie Clark
800-542-7434
More Information

Industry Events

Third Party Vendor Auditing Workshop
Resource Management Services, Inc.
Four Seasons Hotel
Las Vegas, NV
May 8 - 9, 2017
More Information

Collection and Recovery Solutions 2017
Resource Management Services, Inc.
Four Seasons Hotel Las Vegas
Las Vegas, NV
May 10 - 12, 2017
More Information

NARCA 2017 Spring Conference
NARCA
JW Marriott Orlando Grande Lakes Orlando, FL
May 17 - 20, 2017
More Information

ICG 2017 Annual Meeting
International Collector's Group
The Ritz Carlton
Montreal, Quebec, Canada
June 18 – 20, 2017
More Information

Collection Management Training
Resource Management Services, Inc.
Residence Inn Atlanta Airport North/Virginia Avenue
Atlanta, GA
June 21 - 22, 2017
More Information

Third Party Vendor Auditing Workshop
Resource Management Services, Inc.
Chicago Marriott Southwest
Chicago, IL
July 19 - 20, 2017
More Information

Debt Connection Symposium and Expo 2017
Resource Management Services, Inc.
JW Marriott Starr Pass
Tucson, AZ
September 11 - 13, 2017
More Information

Sponsors
This report is sponsored by Resource Management Services, Inc. Check us out at: http://www.resourcemanagement.com/

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At A Glance - Friday, January 06, 2017
At A Glance - Wednesday, January 04, 2017

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