Credit, Collections & Insolvency News
New figures released by the Finance & Leasing Association (FLA) show that the number of second charge mortgage repossessions was 144 in 2016, almost 37% lower than in 2015. In the final quarter of 2016, the number of repossessions was 39, up by 18% compared with the same quarter in 2015. The rate of second-charge…
Read moreJohn Ricketts has succeeded Leigh Berkley as President of the Credit Services Association (CSA), the voice of the UK debt collection and debt purchase sectors. His appointment was confirmed at the CSA Annual General Meeting (AGM) in Leicester on February 7th. A former Managing Director of iQor in the UK and Canada, and the current…
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The total number and value of debt judgments in Northern Ireland fell to the lowest levels on record during 2016, according to figures released today by Registry Trust. There were 7,144 small claims judgments in 2016, 15 percent fewer than the previous year. The total value also fell 15 percent; the average value remained unchanged…
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The GFKL Lowell Group has announced the launch of a new Decision Science/analytics graduate programme. GFKL Lowell’s Decision Science department is focused on understanding, measuring, and predicting consumer financial behaviour. The team comprises business analysts, statisticians and quantitative and behavioral scientists dedicated to addressing the company’s most challenging analytic problems. The 18-month programme will see…
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Styles & Wood Technologies has launched a new Enterprise Risk & Incident Management software solution which enables businesses to implement effective processes to identify, manage, monitor and report the risks it is or might be exposed to. The Arctick GRC solution has been developed in partnership with Styles&Wood’s existing client Nationwide Building Society, which has…
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Hogan Lovells is advising the Department for Education (DfE) on its plans to sell £12 billion of student loan debt to the private financial sector. The firm is fielding a team led by deputy CEO David Hudd and London finance partner Julian Craughan. Weil Gotshal & Manges also has a role, advising Barclays which is…
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