The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.
GETTING TO KNOW SHELLY GENSMER OF ERC
- Shelly Gensmer has a very interesting perspective on what makes the ARM industry such a great place to work. It’s refreshing to see someone who thoroughly enjoys what she does and who she works with on a daily basis. It’s also humbling to read about her morning routine — it’s like that old TV commercial for the Army where it said, “We do more before 9am than most people do all day.” Read on to learn more about Shelly and the reason why she never became a lawyer.
ONLY ARM INDUSTRY REP ON CFPB’S CAB SHARES PERSPECTIVE ON CANCELED MEETINGS
- The lone member of the Bureau of Consumer Financial Protection’s Consumer Advisory Board who has ties to the ARM industry is willing to give acting director Mick Mulvaney the benefit of the doubt after he has canceled a CAB meeting that was supposed to be held today. A number of the members of the CAB have joined together to voice their displeasure at how Mulvaney is not interacting with the board compared with former director Richard Cordray. A group of 15 members wrote the CFPB a letter last month expressing their concerns.
INDUSTRY WORKING TO KEEP WAGE GARNISHMENT BILL FROM BECOMING LAW IN D.C.
- Representatives of the ARM industry are trying to rally support to stop a wage garnishment bill from becoming law in Washington, D.C. The D.C. City Council’s Committee on the Judiciary and Public Safety is holding a public hearing on Thursday, June 7 to discuss the bill, which has a strong chance of becoming law, according to the group that is trying to keep it from happening.
FTC FILES SUIT AGAINST ROBOCALLERS WHO MADE ‘BILLIONS’ OF CALLS
- The Federal Trade Commission has filed a lawsuit against a group of defendants, alleging they engaged in a scheme to illegally facilitate “billions” of robocalls that pitched everything from auto warranties to debt-relief services.
WORTH NOTING: Making fun of a Senator with cancer is not good for your job advancement prospects … Designer Kate Spade was found dead in an apparent suicide yesterday … Major League Baseball wants more control over its balls … A $500 million yacht at the center of a huge divorce case … Three easy steps to make your salespeople more effective … An outcry led to the Air Force canceling a $24 million contract to replace the refrigerators on Air Force One … IHOP is changing its name, but it hasn’t said to what yet … A trick to help your luggage get off the plane first … Bill Gates is giving every 2018 college graduate a free book … Millennials are getting too lazy to go out … Is it a surprise that one of the people who still checks MySpace everyday needs to go to the library to use a computer? … Miss America is ditching the swimsuit portion of its competition.
Artificial Intelligence that can clone any voice, including yours
I had a pair of these during my rebellious phase. Did you?
The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.
