2012 NFA National Convention – Succeeding in the New Economy – You Need this Seminar!

Press Release

  • CFPB and your business
  • Best Practices Panel
  • Learn what clients really want

Are your recovery agent’s procedures putting you at risk? Your risk management and collateral recovery practices may be ready for a tune-up. Changing regulations from the CFPB means employing effective collection processes and procedures. Learn and discuss recovery procedures that will not only minimize your risk and exposure to the CFPB but also ensure you are working with acceptable providers. Get the latest critical information on laws, regulations and court filings that affect how you operate.

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RSIG and Allied Finance Adjusters hold Compliance Training

Las Vegas, NV- September 21, 2012 – Recovery Specialist Insurance Group and Allied Finance Adjusters hosted a joint compliance training seminar in conjunction with Allied’s mid-year meeting hosted this week at the Golden Nugget Hotel and Casino in Las Vegas, NV. Michael Howk, RSIG’S Director of Education and Allied’s Compliance & Education Chairman Tom Wentling, presented the full day session on compliance.

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The CUCollector 2012 State of the Industry Survey

In 2011 we published the first of our “State of the Industry” surveys for both the collections and repossession industries. The response was good and over the last year, new issues have arisen that we felt worthy of bringing up such as the CFPB and its role in diligence as well as the potential of creating a trade association.

Well, It’s that time again and we need your responses.

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Allied Finance Adjusters, NorthLegal Lead West Coast Seminar for Lenders

FOR IMMEDIATE RELEASE

RALEIGH, N.C. – Allied Finance Adjusters recently played host to an educational seminar titled “Repossessions: Before And After You Take Possession” to a large audience of lending institutions and AFA members.

The seminar, which was held Sept. 11, 2012 at the Long Beach Marriott in Long Beach, Calif., featured Eric M. North, Esq. of Moore, Brewer, Wolfe, Jones, Tyler, and North as well as NorthLegal Training and Publications.

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C.A.R.S. Has Been Approved In Illinois!

Press Release

RISC is proud to announce that the Illinois Edition of the C.A.R.S. – Certified Asset Recovery Specialist certification program has been approved by the Illinois Commerce Commission (ICC).

The ICC is responsible for enforcement of the new Illinois Collateral Recovery Act.  Both the Illinois Edition and the standard C.A.R.S. programs meets all the Consumer Financial Protection Bureau (CFPB) compliance requirements.

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Renovo Services Completes Service Organization Control (SOC) 1 Type II Audit

Press Release

Chicago, IL – September 5, 2012 –  Renovo Services, LLC, the vehicle transition industry’s most fully integrated single-source solution to the financial services industry, announced today that it has successfully completed a SSAE 16 (Service Organization Control (SOC)) 1 Type II audit.  This audit was conducted by McGladrey LLP, (the fifth largest U.S. provider of assurance, tax and consulting services), and examines the effectiveness of internal controls supporting Renovo Services asset recovery and remarketing business. SSAE 16 is the new auditing standard developed in 2011 by the American Institute of Certified Public Accountants (AICPA) to replace SAS 70.

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AFA Set To Educate Members on Emerging Compliance Regulations

FOR IMMEDIATE RELEASE

RALEIGH, N.C. – Allied Finance Adjusters is set to hold a national compliance seminar to educate its members and guests about regulations mandated by federal government and lending institutions.

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FTC, DOJ and CFPB File Amicus Brief in Support of Debtors Ability to file Lawsuits without Recourse of Costs

 

 

 

 

Washington DC – August 20, 2012 – In a showing of support to borrowers and attorneys who would wish to file lawsuits against creditors or collectors without having to bear the cost of defenses in the event of their cases being dismissed, the Federal Trade Commission, the Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) have filed an amicus brief (friend of the court) in an attempt to overturn a 10th Circuit Supreme Court Decision.

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Illinois Commerce Commission Approves RSIG’s CRA Course for State Certification

The Illinois Commerce Commission on August 17, 2012 notified RSIG the Certified Recovery Agent education course for Illinois was approved. The course has both Manager and Employee programs that has meet all requirements of the Illinois Commerce Commission for the required education needed to work in the repossession business in Illinois. In addition this course also meets the requirements for education under the Consumer Financial Protection Bureau requirements for third party vendors.

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