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NY Federal Reserve Maps Counties with Highest Credit and Mortgage Defaults
The U.S. map is pretty red these days and this has nothing to do with politics. The Federal Reserve Bank of New York published a quarterly map of the United States with market conditions related to credit card and mortgage delinquencies. Red marks a negative downturn and for the fourth quarter, most of the U.S. [...]
Collection Firms See Greater Opportunity, Changes to Business Model
The economic collapse has been a boon in the credit and debt collection world, with a greater inventory of accounts available. But collection firms haven’t been immune to the layoffs, according to the Credit and Debt Collection Confidence Survey-4th Quarter 2008, created by Kaulkin Ginsberg, publishers of Inside ARM. And that’s leading to a pretty [...]
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