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Wednesday, January 25, 2017
Mid Week Articles:
SERVICELINK FINED $65 MILLION FOR LPS FORECLOSURE DEFICIENCIES
In 2011, Lender Processing Services was part of a massive settlement with the government over industry-wide foreclosure misconduct that occurred after the housing crash.
read more

DEFENDANTS IN STUDENT LOAN DEBT RELIEF SCHEME BANNED FROM INDUSTRY IN SETTLEMENT WITH FTC AND FLORIDA
Under a settlement with the Federal Trade Commission and the State of Florida, the operators of an alleged student debt relief and credit repair scam will be banned from those lines of business.
read more

COLLECTION MANAGEMENT TRAINING SCHEDULED FOR JUNE 21-22, 2017 IN ATLANTA, GA
Collection Management Training provides the knowledge and tools necessary to coach and develop the collectors on your team to maximize their performance. A new class is scheduled for June 21 - 22, 2017, taught by Ken Evancic, Vice President of Resource Management Services, Inc. This workshop is geared for the first two levels of management in your collection organization.
read more

CFPB ORDERS CITI SUBSIDIARIES TO PAY $28.8 MILLION FOR GIVING THE RUNAROUND TO BORROWERS TRYING TO SAVE THEIR HOMES
WASHINGTON, D.C. - The Consumer Financial Protection Bureau (CFPB) today took separate actions against CitiFinancial Servicing and CitiMortgage, Inc. for giving the runaround to struggling homeowners seeking options to save their homes.
read more

NAFCU: TAX STUDY SHOWS CREDIT UNIONS SAVES CONSUMERS $16 BILLION ANNUALLY
The National Association of Federally-Insured Credit Unions (NAFCU) today released an independent study that shows the benefit to U.S. consumers from the credit union federal income tax exemption is $16 billion per year, or $159 billion over the 10-year period the study examined.
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2016 BROUGHT LARGEST FORECLOSURE DECLINE ON RECORD
The foreclosure rate for 2016 had the largest improvement of any year since 2000, according to Black Knight Financial Services Inc.'s (BKFS) First Look at December.
read more

STUDENT LOAN SERVICERS ASK FCC TO RECONSIDER FINAL RULES ON GOVERNMENT DEBT COLLECTION CALLS UNDER THE TCPA
In August, the Federal Communications Commission adopted final rules to implement an amendment in the Bipartisan Budget Act of 2015 that exempts autodialed calls "made solely to collect a debt owed to or guaranteed by the United States" from the TCPA's prior express consent requirement.
read more

SALLIE MAE ISSUES STATEMENT
NEWARK, Del.--(BUSINESS WIRE)--SLM Corporation (Nasdaq: SLM), commonly known as Sallie Mae, today issued the following statement.
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Company Announcements, Product Launches and Product Info

TRANSUNION INTRODUCES IDVISION TO HELP BUSINESSES PREVENT SOPHISTICATED AND EVOLVING FRAUD AND IDENTITY THEFT
TransUnion (NYSE: TRU) today unveiled IDVisionSM, a suite of solutions providing businesses with a holistic approach to fraud and identity management. IDVision helps companies stop sophisticated and evolving fraud while also protecting and restoring their confidence in conducting business.
read more

DOLLAR UK ACHIEVES DRAMATIC KEY METRIC IMPROVEMENTS WITH NOBLE SYSTEMS CLOUD CONTACT CENTRE SOLUTION
Manchester, UK - 25 January 2017: Noble Systems, a global leader in omnichannel contact centre technology solutions, is pleased to announce that Dollar UK have seen dramatic improvements to their contact center key metrics following.
read more

SIMM ASSOCIATES COMPLIANCE MANAGER RECEIVES CCCP CERTIFICATION
SIMM Associates is proud to announce that our Compliance Manager Ashley Ramos has earned her Credit and Collection Compliance Professional (CCCP) certification from ACA International.
read more

STELLAR RECOVERY CONTINUES TO REBRAND AND RESTRUCTURE
John Schanck Chairman and Owner of Stellar Recovery announced today the continued rebranding and restructuring of Stellar Recovery. "It has been a long and successful 18 months and we feel we are in the final stages of setting ground breaking, forward thinking, revolutionary new standards in the ARM industry."
read more

DESERT SCHOOLS FEDERAL CREDIT UNION APPOINTS NEW CFO
An employee of Desert Schools for nearly 16 years and a 25-year veteran of the credit union industry, Jordan's most recent role as Desert Schools' AVP of Finance focused on enhancing the company's organizational focus on efficiency.
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
$3,139,168.00     Credit Cards
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7726  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$755,418.00     Checks
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7724  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$256,231.00     Checks
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7718  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$462,258.00     Medical
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7723  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$178,273.00     Checks
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7719  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$326,247.00     Payday Loans
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7729  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$492,427.00     Checks
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7728  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$1,613,753.00     Retail
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7727  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$1,252,631.00     Credit Cards
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7730  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$1,471,000.00     Consumer Loans
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?7717  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774  

$3,689,883.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7708  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$3,685,371.00     Consumer Loans
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7709  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$3,683,205.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7710  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$1,046,538.00     Other
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7711  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$6,487,664.00     Commercial
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7712  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$2,253,957.00     Other
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7713  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$3,833,728.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7714  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$5,911,719.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7707  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$1,369,157.00     Payday Loans
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7716  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$939,922.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7715  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

Industry Events

DBA International 2017 Annual Conference
DBA International
Aria Resort & Casino
Las Vegas, NV
February 7 - 9, 2017
More Information

ACA of Texas 69th Annual Conference, Expo & Legislative Summit
ACA International
Crowne Plaza
Austin, TX
February 20, 2017
More Information

Third Party Vendor Auditing Workshop
Resource Management Services, Inc.
Courtyard Atlanta Downtown
Atlanta, GA
February 22 - 23, 2017
More Information

Third Party Vendor Auditing Workshop
Resource Management Services, Inc.
Four Seasons Hotel Las Vegas
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

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
















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