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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.
LAWSUIT TOTALS CONTINUE SLOW DECLINE, WITH TCPA SUITS LEADING THE WAY
- Collection agencies faced more lawsuits in October than they did in September, but the overall number for 2018 is beginning to look like it will be down from last year’s total, according to data released by WebRecon.
DEMOCRATS PLANNING INVESTIGATIONS INTO BCFP, MULVANEY: REPORT
- Now that they are in control of the House of Representatives, Democrats are planning on making life difficult for whomever is leading the BCFP by calling for hearing after hearing and investigation after investigation, according to a published report.
ARM M&A ACTIVITY COOLS OFF IN 3Q
- Following two straight quarters of at least $1 billion in merger & acquisition activity in the ARM industry — after only one $1 billion quarter in the preceding three years — there had to be a bit of a slowdown in dealmaking, which was the case, according to data released by Corporate Advisory Solutions. There were seven deals with a combined deal total of $865 million during the third quarter, down from 11 deals worth $1.16 billion in the second quarter.
MAYBE MILLENNIALS ARE BETTER AT PAYING DEBTS THAN PEOPLE THOUGHT
- Maybe Millennials are not as bad at managing their finances and paying their debts as once thought, according to an analysis conducted by the Federal Reserve Bank of St. Louis.
NAVIENT ANSWERS BACK AFTER REPORT QUESTIONS ‘UNFAIR STUDENT LOAN PRACTICES’
- Navient is fighting back after a published report indicated an audit of the student loan servicing giant conducted by the Department of Education revealed the company may have been steering individuals into higher-cost repayment plans without discussing lower-costing alternative
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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.
