Bailout Plan Growing Beyond Original Constraints

The $700 billion bailout of the financial sector was supposed to result in the government buying up a lot of bad debt from banks. Now, the focus has shifted and the ARM industry may be left out.

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Press Releases

	PIC Solutions launches Innovative Contact Optimization Service
	TeleTech Attains Payment Card Industry Certification
	Interactive Data Supports the Troops through Innovative Program
	Regal Technologies Integrated With CR Software Collection Resource System
	NGM Expands Web Development Capabilities

From The Wires

	Debt collection one of the few bright spots in the financial services market (Mergers Unleashed)
	Even Debt Collectors Have Hit Hard Times (WSJ - subscription required)
	Debt Weighs On Taylor Wimpey (Forbes.com)
	White House is open to accelerating auto loans (International Herald Tribune)

Headline Briefs

• PIC Solutions launches Innovative Contact Optimization Service
  PIC Solutions, the leading specialist credit risk solutions company in the EMEA region, has developed an innovative new service that substantially improves the success rate of credit providers’ interactions with customers.

  Read the whole story →

• TeleTech Attains Payment Card Industry Certification
  TeleTech Holdings, Inc. (Nasdaq: TTEC), one of the largest and most geographically diverse global providers of business process outsourcing (BPO) solutions, today announced that it has attained Payment Card Industry (PCI) compliance in its global operations.

  Read the whole story →

• Bailout Plan Growing Beyond Original Constraints
  The $700 billion bailout of the financial sector was supposed to result in the government buying up a lot of bad debt from banks. Now, the focus has shifted and the ARM industry may be left out.

  Read the whole story →

  [back to headlines]

• Government Rolls Out Program for Mortgage-Holders in Trouble
  The Federal Housing Finance Agency Tuesday announced the creation of the Streamlined Modification Plan (SMP) as their solution to solving the subprime mortgage crisis and keeping millions of people in their homes.

  Read the whole story →

• Interactive Data Supports the Troops through Innovative Program
  Interactive Data, a leading provider of contact accuracy services has donated 1,000 copies of a powerful new documentary to soldiers and their families.

  Read the whole story →

• Regal Technologies Integrated With CR Software Collection Resource System
  CR Software LLC (CRS), the leading financial software solutions provider to collections entities, and Regal Technologies, a provider of quality payment processing products and services to the collection industry, announces today the availability of their new real-time credit card gateway product.

  Read the whole story →

• NGM Expands Web Development Capabilities
  Net Gain Marketing, Inc. (www.netgain4results.com) has announced it has signed an exclusive agreement with EarthSky Studios (ESS) to work together to develop websites for companies in the credit and collection industry.

  Read the whole story →

  [back to headlines]

Upcoming Events

SCORE’s 6th Annual Debt Sales Conference

November 20, 2008; The Old Mill Inn and Spa Toronto Canada

SCORE Statistical Consulting’s 6th Annual Debt Sales Conference. Topics Include: Canadian Sellers Panel, Canadian Buyers Panel, U.S. Bad Debt Market Update, Buyers Perspective, Canadian Banking Panel and more. Download your registration form at: www.scorestat.com

More Info →

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