Tue.Feb 23, 2021

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Forbearance of Foreclosure? How to Keep Your Credit and Homeownership Intact

Credit Corp

consumers are enduring—including mortgage payment forbearance of foreclosure. Forbearance is the postponement of mortgage payments, or the lowering of monthly payments for a specified time period; it’s not loan forgiveness. Lump sum payments are not required for GSE-backed loans. What Is a Forbearance? million U.S.

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PDCflow Named Best Digital Signature Software Company of 2021 Digital.com

PDC Flow

With secure delivery and capture of payments, documents, eSignatures and photo uploads in one seamless workflow, PDCflow’s FLOW Technology is a natural fit for this list. Gather signatures, request payments , or set up payment schedules. The finalists were chosen during a 40-hour assessment of over 70 solutions. About PDCflow.

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Using CreditManager for Reporting and Monitoring

On Guard

Monitoring payments and invoices and reporting on them is crucial in credit management. For instance, a payment for an invoice received today, may not show up as being paid for several days. As a result, the user is fully informed of developments, such as new payments, as they occur. Increased capabilities.

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CFPB and VA, MA, and NY challenge predatory immigrant-services scam

Public Citizen

In exchange, the complaint says, Libre demands large upfront fees and hefty monthly payments while concealing or misrepresenting the true costs of its services. The complaint is here.

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10 Ways to Improve Payment Collections with Salesforce

For finance teams using Salesforce’s powerful CRM technology, automation can transform accounts receivable processes, driving efficiency and delivering measurable results like cost savings, reduced customer churn, and lower DSO.

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Bankruptcy and Unemployment

Sawin & Shea

If you’re getting payments from a previous court settlement, are currently receiving child support, or are taking in rental income as a landlord, that will be factored in too. Your level of income from your previous job. Any other sources of income you may have. The types of debt you have. Timing Matters with Unemployment and Bankruptcy.

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New York Court of Appeals Settles Statute of Limitations Issues Related to Mortgage Foreclosures

Troutman Sanders

The Court of Appeals reversed, holding that the default letter did not accelerate the mortgage debt because it did not seek immediate payment of the entire balance, but rather “referred to acceleration only as a future event, indicating the debt was not accelerated at the time the letter was written.”

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Are you finding some snags in your collections process? Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST