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Friday, February 10, 2017
This Week Articles:
U.S. TO HIT $1 TRILLION IN CREDIT CARD DEBT
United States consumers owe -- or likely will very shortly -- $1 trillion on their credit cards. Congratulations, America?
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DBA INTERNATIONAL IS NOW RECEIVABLES MANAGEMENT ASSOCIATION
The receivables management industry is abuzz as newly elected association President Mark Naiman announced that DBA International is now Receivables Management Association. The membership voted to approve the new name today as part of a change in the association bylaws. Naiman presented the new name, tagline, and logo during the association's annual conference.
read more

CONSERVE RECEIVES TRAINING MAGAZINE TOP 125 GLOBAL HONOR
ConServe recently announced that it has earned a spot on Training magazine's annual Training Top 125, recognizing organizations with the most successful learning and development programs in the world.
read more

FTC ACTING CHAIRMAN OHLHAUSEN NAMES THOMAS PAHL ACTING DIRECTOR OF THE AGENCY'S BUREAU OF CONSUMER PROTECTION
Federal Trade Commission Acting Chairman Maureen K. Ohlhausen announced today that she has appointed Thomas Pahl, a partner at the Washington, D.C. law firm of Arnall Golden Gregory LLP, to be the Acting Director of the FTC's Bureau of Consumer Protection.
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CFPB MONTHLY SNAPSHOT SPOTLIGHTS MORTGAGE COMPLAINTS
WASHINGTON, D.C. - Today the Consumer Financial Protection Bureau (CFPB) released a monthly complaint snapshot highlighting consumer complaints about mortgages. The snapshot shows that consumers continue to report experiencing problems with mortgage servicers. This month's report also highlights trends seen in complaints coming from Tennessee. As of Jan. 1, 2017, the Bureau handled approximately 1,080,700 consumer complaints across all products nationwide.
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CFPB AND NEW YORK ATTORNEY GENERAL SUE RD LEGAL FOR SCAMMING 9/11 HEROES OUT OF MILLIONS OF DOLLARS IN COMPENSATION FUNDS
WASHINGTON, D.C. - Today the Consumer Financial Protection Bureau (CFPB) and the New York Attorney General filed a lawsuit against RD Legal Funding, LLC, two related entities, and Roni Dersovitz, the companies' founder and owner, for allegedly scamming 9/11 heroes out of money intended to cover medical costs, lost income, and other critical needs.
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TCN RECEIVES 2016 UNIFIED COMMUNICATIONS EXCELLENCE AWARD FROM INTERNET TELEPHONY
TCN, Inc., a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs and collection agencies worldwide, announced today that TMC, a global, integrated media company, has named VocalRx, a cloud-based automated patient engagement platform, a recipient of the 2016 Unified Communications Excellence Award presented by TMC's INTERNET TELEPHONY Magazine.
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IDENTITY THEFT HIT AN ALL-TIME HIGH IN 2016
Despite years of battling by the financial industry and a massive change in the way Americans use debit and credit cards, the rate of identity theft soared during 2016, a new report has found. In fact, it hit an all-time high.
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PHILLIPS & COHEN ASSOCIATES CELEBRATES 20 YEARS
Wilmington, DE - Phillips & Cohen Associates, Ltd., (PCA) the global leader in deceased account management, is excited to announce the celebration of its 20th Anniversary.
read more

TEXAS TRUST CREDIT UNION ACHIEVES $1 BILLION IN ASSETS
ARLINGTON-Texas Trust Credit Union has surpassed $1 billion in assets, reaching $1,021,430,369 to be exact, achieving an ambitious, multi-year goal.
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CUNA: CFPB STRUCTURE IS NOT WORKING FOR CREDIT UNIONS
Changes to the Consumer Financial Protection Bureau structure represent a reasonable improvement to a flawed structure, not an attempt to undermine the bureau, CUNA wrote to Sen. Sherrod Brown (D-Ohio) Monday. CUNA's letter points out that since the Dodd-Frank Act was first proposed as a bipartisan commission by Sen. Elizabeth Warren (D-Mass.) and the Obama Administration, CUNA has agreed that it is the appropriate structure for the bureau.
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FTC ANNOUNCES DEPARTURE OF CONSUMER PROTECTION BUREAU DIRECTOR JESSICA RICH
Federal Trade Commission Acting Chairman Maureen K. Ohlhausen announced today that Jessica Rich, Director of the Bureau of Consumer Protection, is leaving the agency on February 17 after 26 years of service.
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SPACE STILL AVAILABLE FOR THE THIRD PARTY VENDOR AUDITING WORKSHOP IN ATLANTA, GA, FEBRUARY 22 - 23, 2017
Register this week to save your seat! Class will begin on Wednesday, February 22 and end on Thursday, February 23 and will be held at Courtyard Atlanta Downtown in Atlanta, GA. The Third Party Vendor Auditing Workshop is a two-day class designed for compliance officers, vendor managers or collection agency auditors who would like to learn more strategy and practical tips for auditing collection activities, whether at your own shop or at one of your vendor's.
read more

CHANGES LOOM FOR AMERICA'S CONSUMER WATCHDOG
The Consumer Financial Protection Bureau faced cheers and criticism from the day it opened in 2011 as a new federal watchdog for Americans applying for mortgages, paying with debit cards, struggling with student loans and many other financial transactions.
read more

CONSUMER INFO SESSION: HOW TO DEAL WITH ROBOCALLS
The Federal Communications Commission's Consumer and Governmental Affairs Bureau will host a web-based Info Session on robocalls intended for all consumers that will provide information about consumers' rights and the steps they can take to prevent robocalls.
read more

COURT DENIES DEMOCRATS' PUSH TO DEFEND CFPB
The D.C Circuit panel on Thursday denied all three motions to intervene in the landmark case between the Consumer Financial Protection Bureau and PHH.
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
$92,578,735.00     Credit Cards
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?7736  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774  

$30,160,063.00     Credit Cards
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?7735  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774  

Debt Buyers
LOFTON INVESTMENT GROUP
405-473-5412

ADH RECOVERY
314-265-8485

Software
EFILEMADEEASY
813-397-5060

Industry Events

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.
Courtyard Atlanta Downtown
Atlanta, GA
February 22 - 23, 2017
More Information

CALIFORNIA MBA LEGISLATIVE DAY
California MBA
Sheraton Hotel
Sacramento, CA
April 3, 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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