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Friday, March 30, 2018
This Week Articles:
SECOND CIRCUIT HOLDS THAT LETTER NEED NOT REFERENCE NONEXISTENT INTEREST
The U.S. Second Circuit Court of Appeals has issued its decision in Taylor v. Fin. Recovery Services, Inc., affirming that a debt collector's letters did not violate the FDCPA by failing to state affirmatively that interest was not accruing.
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CRS2018 ROOM BLOCK ENDS APRIL 13, 2018
If you haven't booked your rooms at the Four Seasons Hotel Las Vegas for the Collection and Recovery Solutions 2018 conference, you should do so now. Senior-level creditors involved in collection, recovery operations, compliance, risk, and strategy are invited to attend this exclusive meeting. Registrations will be accepted on a first-come, first-served basis. If you are a senior level creditor involved in collection and recovery, and are interested in receiving an invitation, please contact us at (562) 906-1101 or E-Mail: CRS@resourcemanagement.com. Entirely creditor-focused, with exciting presentations by leading creditors. Round table sessions for in-depth peer networking and best practices discussions are just part of an exciting agenda.
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COURT INVALIDATES PARTS OF NCUA'S FOM RULE
The U.S. District Court for the District of Columbia on Thursday upheld two challenged portions of NCUA's field of membership rule and struck down two provisions in a lawsuit filed against the agency by the American Bankers Association (ABA).
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SUNTRUST BANK IS NO. 1 IN HELOC BORROWER SATISFACTION
Established relationships with lenders still play a crucial role for borrowers looking at home equity line of credit (HELOC) according to the latest U.S. Home Equity Line of Credit Satisfaction Study by research and rating firm J.D. Power. The study evaluates customer perception of the HELOC process and explores the key variables that influence their choice, satisfaction, and loyalty.
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FINAL READING ON US Q4 GDP IS UP 2.9%, VS 2.7% GROWTH EXPECTED
U.S. economic growth slowed less than previously estimated in the fourth quarter as the biggest gain in consumer spending in three years partially offset the drag from a surge in imports.
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NOBLE SYSTEMS TO HOST 2018 SNUG AMERICAS CONFERENCE
Atlanta, GA - March 29, 2018: Noble Systems Corporation, a global leader in omnichannel contact center technology solutions, will host its 2018 Select Noble Users Group (SNUG) Conference next month in Clearwater Beach, Florida, from April 25-27 at the award-winning Sandpearl Resort.
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J.C. FLOWERS ACQUIRES JEFFERSON CAPITAL FROM FLEXPOINT FORD
J.C. Flowers & Co. LLC, a leading private investment firm dedicated to investing globally in the financial services industry, and its affiliates ("J.C. Flowers") announced today that it has completed the acquisition of Jefferson Capital International ("Jefferson Capital""), one of the five largest purchasers and servicers of charged-off and bankruptcy consumer debt in the United States, from Flexpoint Ford, LLC. Terms of the transaction were not disclosed.
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CFPB ISSUES REQUEST FOR INFORMATION ON ITS GUIDANCE AND IMPLEMENTATION SUPPORT
WASHINGTON, D.C. - The Consumer Financial Protection Bureau (Bureau) today issued a Request for Information (RFI) on the Bureau's guidance and implementation support. The Bureau is seeking comments and information from interested parties to assist in assessing the overall effectiveness and accessibility of its guidance materials and activities, including implementation support.
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THE APPELLATE COURT RULED IN A "REVERSE-AVILA" CASE, HOLDING THAT A DEBT COLLECTOR IS NOT REQUIRED TO DISCLOSE THAT INTEREST IS NOT ACCRUING - WHERE NO INTEREST IS ACCRUING.
The Second Circuit Court of Appeals issued an unanimous opinion today in favor of an ACA International member collection agency in the case of Taylor v. Financial Recovery Services, Inc., No. 17-1650, 2018 WL ------- (2d Cir. March 29, 2018).
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:
Agency
STP MANAGEMENT GROUP
704-307-4976

Attorney
LOVE, BEAL & NIXON, P.C.
405-720-0466

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STARCAST GROUP LLC
817-284-8165

US BANK DATA
866-448-7785

Industry Events
National Credit Union Collections Alliance Annual Conference 2018
National Credit Union Collections Alliance (NCUCA)
Venetian Las Vegas
Las Vegas, NV
April 4 - 6, 2018
More Information


LendIt Fintech USA 2018
LendIt
Moscone West
San Francisco, CA
April 9 - 11, 2018
DCS Special Discount Code: DebtConnection15%
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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