Tuesday, March 20, 2012



Financial

Financial
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Financial

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Financial

Senate Version of Financial Reform Bill Still Holds Danger for ARM Industry

by Collection Agency Software

With lawmakers eager to show voters that they are just as outraged by the bailout of big banks, account receivable management insiders believe the Senate could have its version of the financial reform bill out by month’s end. “With the votes the way they are, I expect they will pass it within the next week [...]

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SquareTwo Financial Launches Comprehensive Educational Program for Employees and Partners

by Collection Agency Software

DENVER – SquareTwo Financial, a leader in the $40 billion asset recovery and management industry, today announced the launch of its “SquareTwo University,” a comprehensive educational program to help employees achieve their professional development goals. SquareTwo University will also be available to the SquareTwo Financial Partners Network, a select group of legal and business professionals [...]

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Sherman Financial Buys Remaining Stake in Itself for $172 Million

by Collection Agency Software

Sherman Financial Group, one of the largest debt buyers in the world, has bought back the last remaining outstanding stake in the company from mortgage insurer Radian Group, according to an announcement Tuesday from Radian. In its first quarter earnings release, Philadelphia-based Radian (NYSE: RDN) said that it is divesting its entire stake in Sherman [...]

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The Outsource Group Acquires Patient Financial Medical Services

by Collection Agency Software

ST. LOUIS — The Outsource Group, a national leader in healthcare revenue cycle management, announced today it has acquired Patient Financial Medical Services (PFMS) of Winter Park, Florida — a company that helps patients pay for healthcare by identifying and enrolling qualified individuals in healthcare reimbursement programs. The acquisition expands The Outsource Group’s eligibility services [...]

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Executive Change: Asset Acceptance Names Reid E. Simpson Chief Financial Officer

by Collection Agency Software

WARREN, Mich. -- Asset Acceptance Capital Corp. (NASDAQ: AACC), a leading purchaser and collector of charged-off consumer debt, announced today the appointment of Reid E. Simpson to the office of Senior Vice President and Chief Financial Officer, effective May 17, 2010. He succeeds Mark Redman, who announced his resignation in January 2010 and plans to [...]

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