Collections & Credit Risk articles from March 2009

Collections & Credit Risk archives from March 2009

Back In The Fray.(Editor's Letter)
March 1, 2009... Byline: Darren Waggoner, Editor In the collection industry, specifically the debt-buying business, nobody stirred controversy or changed the landscape like Bill Bartmann did in the heyday of his former company, Commercial Financial...

Banks' Q4 Earnings Come As Little Surprise.(News & Analysis)(Financial report)
March 1, 2009... The largest U.S. banks reported fourth-quarter losses, surging charge-offs and increased delinquency rates - meeting the dismal expectations of analysts. David Wyss, senior economist at Standard & Poor's, tells Collections & Credit Risk he...

Under The Microscope: Collector Productivity; Economic and industry challenges have led to a heightened need for agencies to get the most out of collectors.(Personnel)
March 1, 2009... Byline: Bill Grabarek With an economy plagued by rising unemployment, tightened credit conditions and shrinking liquidity, getting the best from collectors is now more than simply a matter of success, it is a matter of survival. "If...

Top Tech Treatments In Tough Times; The technology to aggregate account data across departments and develop more effective treatment strategies is here.(Technology)
March 1, 2009... Byline: Peter Lucas One of the key questions facing lenders and creditors now that the economic bubble has burst is how can they ease the damage to their portfolios? One solution is to break down the remaining data silos in their...

The Comeback Capitalist; After a decade on the sidelines, William R. Bartmann, the maverick founder of Commercial Financial Services is back.(Cover Story)
March 1, 2009... Byline: Jane Adler and Darren Waggoner Ten years after his revolutionary debt-buying firm, Commercial Financial Services, closed amid a huge fraud scandal, entrepreneur William R. "Bill" Bartmann - vindicated by the law, if not his peers -...

Economic Storms Call For Better Forecasting; The downturn has been remarkable for its speed, severity and unpredictability.(Risk Management)
March 1, 2009... Byline: Edmund Tribue The Fever pace of change in the economy has challenged credit card issuers - rendering many risk management tools, strategies and methodologies ineffective while creating a demand for quality risk analytic methods and...