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Friday, August 04, 2017
This Weeks Articles:
EXETER FINANCE ANNOUNCES A PROSPECTIVE DEBT BUYER AND REPO VENDOR MEETINGS AT DCS2017
Exeter Finance will be holding a prospective vendor meeting at the Debt Connection Symposium & Expo conference. This meeting will be for prospective Debt Buyers and Repo Vendors. All interested debt buyers and repo agencies must complete the online pre-screening questionnaire to be considered. All meeting participants must be registered attendees of Debt Connection Symposium & Expo 2017.
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FCC PROPOSES $82 MILLION FINE FOR SPOOFED ROBOCALLS
WASHINGTON, August 3, 2017 - The Federal Communications Commission today proposed an $82,106,000 fine against an individual who apparently made more than 21 million illegally spoofed robocalls in violation of the Truth in Caller ID Act.
read more

CFPB UNVEILS PROTOTYPES OF "KNOW BEFORE YOU OWE" OVERDRAFT DISCLOSURE DESIGNED TO MAKE COSTS AND RISKS EASIER TO UNDERSTAND
WASHINGTON, D.C. - The Consumer Financial Protection Bureau (CFPB) today unveiled new Know Before You Owe overdraft disclosure prototypes designed to improve the model form that banks and credit unions already provide to consumers weighing overdraft coverage.
read more

CFPB TAKES ACTION AGAINST JPMORGAN CHASE FOR FAILURES RELATED TO CHECKING ACCOUNT SCREENING INFORMATION
WASHINGTON, D.C. - The Consumer Financial Protection Bureau (CFPB) today took action against JPMorgan Chase Bank, N.A. for failures related to information it provides for checking account screening reports.
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NEW SPEAKERS ANNOUNCED FOR THE DEBT CONNECTION SYMPOSIUM AND EXPO 2017 IN TUCSON, AZ, SEPTEMBER 11-13
Just announced – new additions to our faculty:
Paul Kaloustian, Bank of America, joins our Great Debate
Greg Nodler, Enforcement, CFPB joins "Meet the Regulators"
Susan Torzilli, Supervision, CFPB, joins "Meet the Regulators"
Reilly Dolan, Federal Trade Commission, joins "Meet the Regulators"
Jennifer Haines, America’s Credit Union, joins our "Roundtables"
Shawn Spratte, Public Service Credit Union, joins our "Technology Wednesday" panel
Mike Ginsberg, Kaulkin Ginsberg Company opens the conference with, "The New ARM Industry"

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CHAIRMAN PAI STATEMENT ON SENATE CONFIRMATION OF BRENDAN CARR AND JESSICA ROSENWORCEL
WASHINGTON, August 3, 2017 - Federal Communications Commission Chairman Ajit Pai
released the following statement regarding the U.S. Senate confirmation of Brendan Carr and Jessica Rosenworcel to serve as Commissioners at the FCC.

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LENDERS AND BORROWERS FINDING WAY AROUND COLORADO PAYDAY LOAN REFORMS, RESEARCH FINDS
Colorado passed groundbreaking reforms on payday lending in 2010 that were held up as a national model. But a group that opposes abusive lending tactics says borrowers and businesses that make the high-interest loans increasingly are maneuvering around the law.
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FTC ESCALATES THE FIGHT AGAINST ILLEGAL ROBOCALLS USING CONSUMER COMPLAINTS TO AID INDUSTRY CALL-BLOCKING SOLUTIONS
Every day American consumers report tens of thousands of illegal robocalls to the Federal Trade Commission, and now the FTC is helping put that information to work boosting industry efforts to stop unwanted calls before they reach consumers.
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NEW U.S. STUDENT LOAN SYSTEM TO BE IN PLACE IN 2019: EDUCATION DEPARTMENT
WASHINGTON (Reuters) - A whole new student loan servicing and processing system will be up and running in 2019, the U.S. Education Department said on Tuesday, as it formally unveiled its plan to overhaul the current $1.3 trillion program.
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NMSA URGES FCC TO CLARIFY DEFINITION OF ROBOCALLING
The National Mortgage Servicing Association (NMSA) issued commentary on Monday to the Federal Communications Commission (FCC) on a Notice of Proposed Rule Making and Notice of Inquiry in regard to preventing illegal Robocalls.
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PROVEST ACQUISITION OF J.J.L. PROCESS CORP STRATEGIC PURCHASE PROVIDES CLIENTS ENHANCED STABILITY, SOUNDNESS AND SECURITY
TAMPA, Fla.-ProVest LLC ("ProVest"), the nation's largest process serving company, announced today the purchase of J.J.L. Process Corp ("JJL"). Building upon 25+ years of success supporting the mortgage default servicing industry, ProVest has been expanding rapidly in the credit collections industry. By acquiring one of the largest companies in this market, ProVest has both strengthened its presence and proven its commitment to growth in this area.
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FORMER NARCA PRESIDENT ADAM OLSHAN JOINS RUBIN & ROTHMAN
ISLANDIA, NY -- Rubin & Rothman, LLC is pleased to announce the addition of Attorney Adam Olshan to spearhead the firm's expansion into Connecticut and Massachusetts. Rubin & Rothman, LLC is a leading New York and New Jersey Creditor's Rights law firm that represents a broad base of credit grantors.
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SENIOR LOAN OFFICER OPINION SURVEY ON BANK LENDING PRACTICES
The July 2017 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months.1 This summary discusses the responses from 76 domestic banks and 22 U.S. branches and agencies of foreign banks.2
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THE VOICE OF THE CONSUMER
When we opened our doors six years ago, we made a commitment to listen to consumers. Their voices guide us as we work to create a marketplace that works better and treats people more fairly.
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STATEMENT BY THE ACTING COMPTROLLER OF THE CURRENCY REGARDING THE CONSUMER FINANCIAL PROTECTION BUREAU'S FINAL RULE ON ARBITRATION AGREEMENTS
WASHINGTON - Acting Comptroller of the Currency Keith Noreika made the following statement regarding the Consumer Financial Protection Bureau's (CFPB) final rule on arbitration agreements (Final Rule), which was published in the Federal Register on July 19, 2017.
read more

BASED VOICE MESSAGING SYSTEM PATENTS
ST. GEORGE, Utah--(BUSINESS WIRE)--TCN, Inc., a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs and collection agencies worldwide, in conjunction with Global Connect, another leading provider of cloud-based dialing and communication services, announced today that they prevailed in their appeal against NobelBiz, Inc.
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SALLIE MAE RECOGNIZED FOR ITS SUPPORT OF EMPLOYEES SERVING IN THE MILITARY
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae, the nation's saving, planning, and paying for college company, has been honored by the Delaware Employer Support of the Guard and Reserve (ESGR) with the Above and Beyond Award for its efforts and benefits that support military service member employees. Sallie Mae received the award at the ESGR's Annual Awards Recognition Banquet in Dover on Aug. 1.
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
$981,199.00     Payday Loans
Capital Asset Management Inc
http://www.debtconnection.com/portfolio.asp?7954  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7689  

$491,121.00     Payday Loans
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7965  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$5,497,859.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7964  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$3,498,760.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7962  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$18,310,059.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7961  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$2,235,264.00     Consumer Loans
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7960  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$2,305,317.00     Consumer Loans
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7959  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$4,519,213.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7958  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$6,549,071.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7957  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$2,858,493.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7956  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$892,048.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7955  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$1,900,000.00     Credit Cards
Premier Asset Management, LLC
http://www.debtconnection.com/portfolio.asp?7953  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?5453  

Agency
TSI
716-404-3095

Offshoring
NORTHERN MANAGEMENT
973-567-6994

Software
CONTACTRELIEF, LLC
855-973-5433

Industry Events
Global Finance & Credit Conference & Expo
Global Finance and Credit Management Conference and Expo
Hyatt Regency
Chicago, IL
August 22 - 25, 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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