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Wednesday, January 03, 2018
Mid Weeks Articles:
DEWINE, 49 ATTORNEYS GENERAL REACH $45 MILLION SETTLEMENT WITH PHH MORTGAGE CORPORATION
(COLUMBUS, Ohio)-Ohio Attorney General Mike DeWine, along with the attorneys general of 48 other states and the District of Columbia, has reached a $45 million settlement with New Jersey-based mortgage lender and servicer PHH Mortgage Corporation.
read more

U.S. DISTRICT COURT HEARS ORAL ARGUMENTS IN CFPB LEADERSHIP CASE
Judge Timothy Kelly heard arguments in the case from Consumer Financial Protection Bureau Deputy Director Leandra English challenging President Donald Trump's appointment of Acting Director Mick Mulvaney to lead the bureau as 2017 came to a close. The judge in the U.S. District Court for the District of Columbia case, English v. Trump et. al., will ultimately rule on the president's authority to appoint an acting director and the appropriate statutes for CFPB leadership. "Much of the legal questions in the case surround not only what statute should dictate succession at the bureau, but also the criteria the judge should use when considering which law applies," American Banker reports. Read more on the Dec. 22 oral arguments in The National Law Review.
read more

FTC GIVES FINAL APPROVAL TO LENOVO SETTLEMENT
The Federal Trade Commission has given final approval to a settlement with Lenovo Inc., related to charges that the company harmed consumers by pre-loading software on some laptops that compromised security protections in order to deliver ads to consumers.
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NAFCU BOOSTS GRASSROOTS ACTION TO ACHIEVE REG RELIEF IN 2018 DAN BERGER DAN BERGER, NAFCU PRESIDENT AND CEO JANUARY 2, 2018
NAFCU is encouraging credit unions to prioritize engagement with their members of Congress throughout 2018 as both chambers will consider legislation to reduce the regulatory burden facing credit unions.
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U.S. BANK TO INVEST IN EMPLOYEES, COMMUNITY AND CUSTOMERS AS A RESULT OF TAX REFORM PACKAGE
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced investments today in its employees, the U.S. Bank Foundation and several strategic projects as a result of the tax reform package. Management has made the following decisions:
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NAVIENT CELEBRATES CUSTOMERS ON A PATH TO FINANCIAL SUCCESS
WILMINGTON, Del., Jan. 02, 2018 (GLOBE NEWSWIRE) -- At the start of a new year, many Americans reflect on the past year and resolve to make financial health a priority. Navient celebrates its customers who successfully managed student loan repayment in 2017 and are on a path to continued financial success in the year ahead.
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AG FERGUSON'S STUDENT LOAN REPORT REINFORCES NEED FOR PROTECTIONS
OLYMPIA - The number of student loan borrowers in Washington state likely exceeds 800,000, an increase of more than 35 percent compared to a decade ago, according to a report released today by the Washington State Attorney General's Office.
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FHA LOANS COULD LEAD TO PORTFOLIO GROWTH FOR SERVICERS
Altisource recently released its inaugural Default Servicing Survey, which pooled over 200 servicing professionals from June 22 to June 29 in order to gather its data. According to the results, 71 percent of servicers believed that FHA and VA loans would increase in the next 12 to 24 months, which according to Min Alexander, SVP, Real Estate Services at Altisource, "is quite dramatic." Further, 41 percent thought that FHA loans would account for a majority of the additions to their portfolio.
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
$1,596,784.00     Payday Loans
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?8123  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$1,275,515.00     Payday Loans
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?8122  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$559,638.00     Retail
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?8121  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$3,081,168.00     Checks
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?8120  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$6,092,431.00     Retail
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?8119  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$1,952,500.00     Credit Cards
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?8118  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$2,701,070.00     Credit Cards
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?8117  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$1,301,021.00     Payday Loans
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?8116  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$3,090,773.00     Consumer Loans
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?8124  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$489,382.00     Payday Loans
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?8125  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$781,288.00     Payday Loans
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?8114  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$2,267,298.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?8105  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$13,904,117.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?8106  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$2,884,141.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?8107  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$32,346,848.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?8108  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$1,180,119.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?8109  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$42,483,818.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?8110  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$2,655,559.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?8111  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$3,965,726.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?8113  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$2,125,769.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?8112  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

Agency
GATEWAY RECOVERY SOLUTIONS LLC
909-550-0044

Debt Buyers
ASTA FUNDING, INC
201-308-9200

G.R.S. LLC
909-714-2787

Industry Events
National Association of Chapter 13 Trustees Mid Year Meeting
National Association of Chapter 13 Trustees
The Mayflower Renaissance
Washington, DC
January 18 - 20, 2018
More Information


Collection and Recovery Solutions 2018
Four Seasons Las Vegas
Las Vegas, NV
May 9 - 11, 2018
More Information

Debt Connection Symposium & Expo 2018
JW Marriott Austin
Austin, TX
September 5 - 7, 2018
More Information

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At A Glance - Thursday, January 18, 2018
At A Glance - Wednesday, January 17, 2018
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At A Glance - Wednesday, January 10, 2018
At A Glance - Friday, January 05, 2018
At A Glance - Wednesday, January 03, 2018

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