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Friday, April 7, 2017
This Week Articles:
DOJ REQUESTS ARGUMENT TIME IN CFPB CASE
The Department of Justice (DOJ) recently filed an unopposed motion with the D.C. Circuit Court requesting ten minutes of argument time during the oral argument in the rehearing en banc in the PHH Corp case against the Consumer Financial Protection Bureau (CFPB). The argument is to be held on May 24.
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MARCH SEES ONLY 98K NEW JOBS, BUT JOBLESS RATE FALLS TO 4.5 PERCENT
The economy added only 98,000 jobs in March, well below expectations, though the unemployment rate dropped to its lowest rate since May 2007, before the recession started.
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CFPB DIRECTOR CORDRAY GRILLED DURING CONTENTIOUS HOUSE FINANCIAL SERVICES COMMITTEE HEARING
A House Financial Services Committee hearing set to focus on the Consumer Financial Protection Bureau's semiannual reports to Congress expanded to several hours of questions on the CFPB's authority, rulemakings and regulations as a case challenging the bureau's leadership structure proceeds in the court system. ACA International had representatives at the House hearing Wednesday on Capitol Hill, and reported on the sometimes tense exchanges in the room.
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AG COFFMAN ANNOUNCES $491,000 JUDGMENT AGAINST ILLEGAL AND ABUSIVE DEBT COLLECTION AGENCY
Colorado Attorney General Cynthia H. Coffman announced today that her office has shut down the unlicensed debt collection company Peak Resolution, LLC and secured a judgment requiring the defendants to pay approximately $491,000 in consumer restitution, penalties, and attorney fees. The judgment also prohibits the defendants from ever doing business in Colorado or collecting from Colorado citizens again without proper licensure and full legal compliance. Dan Cane, Peak Resolution's owner, and Chris Hagerman, the company's primary manager, are also subject to the judgment.
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CALLMINER CUSTOMER, HOMESERVE USA, HONORED WITH STEVIE AWARDS FOR SALES & CUSTOMER SERVICE
Boston, MA – CallMiner, a leader in speech and customer engagement analytics, announced today that customer HomeServe USA, a leading provider of home emergency repair service plans, was recognized with three Silver Stevie Awards for Contact Center Solution, Innovation in Customer Service and Best Use of Technology in Customer Service with the help of the insights and improvements achieved through CallMiner speech analytics. The Stevie Awards for Sales & Customer Service recognize businesses for their achievements in contact center, customer service, business development and sales worldwide. In total, HomeServe won 17 Stevie Awards this year.
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CORDRAY STANDS UP FOR CFPB IN HOUSE HEARING
Consumer Financial Protection Bureau Director Richard Cordray is preparing to go before the House Financial Services Committee on Wednesday morning, as the Committee gathers to receive the CFPB's semiannual report.
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PREPARED OPENING STATEMENT OF CFPB DIRECTOR RICHARD CORDRAY BEFORE THE HOUSE COMMITTEE ON FINANCIAL SERVICES
Thank you Chairman Hensarling, Ranking Member Waters, and Members of the Committee. I am reporting today on our work over the past year. The Consumer Financial Protection Bureau was created to stand up for consumers and make financial markets work more fairly. Over the past five years, we have returned almost $12 billion to 29 million consumers and imposed about $600 million in civil penalties. We put in place strong safeguards against reckless mortgage practices that led to the financial crisis that hurt so many people. We are arming consumers with unbiased information and resources so they can make better-informed decisions for themselves and their families. Our complaint system gives consumers a voice that matters, so they can address their own concerns and report on broader patterns of problems or abuse. To date, we have fielded over 1.1 million complaints, so more and more people are finding this option to be worthwhile. These are just some of the ways we are standing up for consumers.
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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
$946,317.00     Payday Loans
Capital Asset Management Inc
http://www.debtconnection.com/portfolio.asp?7793  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7689  

$251,000.00     Consumer Loans
Premier Asset Management, LLC
http://www.debtconnection.com/portfolio.asp?7792  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?5453  

$627,072.00     Consumer Loans
Capital Asset Management Inc
http://www.debtconnection.com/portfolio.asp?7791  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7689  

$567,611.00     Payday Loans
Liberty Credit Management
http://www.debtconnection.com/portfolio.asp?7790  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8084  

Attorney
ERNEST E. WILSON ATTORNEY AT LAW
718-826-3060

Software
CODIX
Billy Quinn
404-790-0998
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

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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