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Wednesday, February 21, 2018
Mid Week Articles:
"SAFE CONSUMER LENDING ACT" TO PROTECT CALIFORNIA FAMILIES FROM ABUSIVE LOANS
SACRAMENTO - Assemblymember Ash Kalra (D-San Jose) announced in a press conference today the introduction of Assembly Bill 2500, the Safe Consumer Lending Act, a bill to protect California families from abusive high-cost installment loans.
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FIRST MORTGAGE DEFAULT RATES HOLD STEADY
Although they did see a small uptick as last year ended, first mortgage default rates remained flat year-over-year, according to the S&P/Experian Consumer Credit Default Indices covering data up through January.
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FTC REPORT FINDS SOME SMALL BUSINESS WEB HOSTING SERVICES COULD LEAVE SMALL BUSINESSES AT RISK OF FACILITATING PHISHING SCAMS
The Federal Trade Commission today released a staff report that examines 11 web-hosting services that market themselves to small businesses and finds that many do not provide by default certain email authentication and anti-phishing technologies, potentially leaving many small firms at risk of facilitating phishing scams.
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SMALL BANKS NEAR BIG WIN ON DODD-FRANK ROLLBACK
For the past eight years, banks like State Street, BB&T and SunTrust have fought tougher regulations crafted by Congress in the aftermath of the 2008 financial crisis. Banks argue those rules have hurt their ability to lend and help stimulate the economy.
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NOBLE SYSTEMS ANNOUNCES 2018 SELECT NOBLE USERS GROUP CONFERENCE SERIES
Noble Systems Corporation, a global leader in omnichannel contact center technology solutions, has announced the dates of its 2018 Select Noble Users Group (SNUG) Conference series. The conferences help Noble's users "get connected" to their Noble products and collaborate with other users, so they can work faster and smarter, lower costs, and optimize results.
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CONSUMER CREDIT MARKET CONCLUDES 2017 ON A HIGH NOTE
The consumer credit market concluded 2017 on a high note with strong performance across multiple credit products. TransUnion's (NYSE: TRU) newly released Q4 2017 Industry Insights Report, powered by PramaSM analytics, found that most indicators point to a healthy credit market, though there are a few signals that lenders are being more active in rebalancing portfolio risk.
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HOUSE PASSES BILLS TO STREAMLINE REGULATIONS FOR FINANCIAL SERVICES COMPANIES
The U.S. House of Representatives passed two bills that seek to reduce regulations for financial services companies.
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CANADIAN LIBERALS WRITE OFF $200M IN STUDENT LOANS FEDS WILL NEVER COLLECT
The federal government is writing off more than $200 million in outstanding student loan payments that officials will never be able to collect.
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PENFED CREDIT UNION AND WHITE64 NAMED RECIPIENTS OF NATIONAL FINANCIAL ADVERTISING AWARDS
TYSONS, Va., Feb. 16, 2018 /PRNewswire/ -- For the second year in a row, PenFed Credit Union and its marketing and advertising agency, White64, have been named winners of an internationally recognized industry award for financial advertising. The Midas Awards® for The World's Best Financial Advertising is the only awards show to recognize excellence in financial advertising and marketing on a global scale.
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DEMOCRATS SEEK TO BAN HIGH-INTEREST CONSUMER LOANS
California Democrats have filed a bill that would cap annual interest rates at 19 percent and wipe out about $2.7 billion in loans to California residents.
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
$1,200,000.00     Payday Loans
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?8173  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

$20,000,000.00     Consumer Loans
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?8171  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

$5,000,000.00     Credit Cards
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?8170  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

$15,000,000.00     Credit Cards
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?8169  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

Industry Events
PrivacyCon 2018
Federal Trade Commission
CONSTITUTION CENTER
Washington, DC
February 28, 2018
More Information


Auto Finance Innovation 2018
Auto Finance News
Parc 55
San Francisco, CA
March 7 - 8, 2018
More Information


Payments & FinTech Conference Money20/20 Asia
MONEY20/20 ASIA
The Marina Bay Sands Expo & Convention Centre
Singapore
March 13 - 15, 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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