There’s never a dull moment in the ARM industry. Staying on top of it all is a challenging endeavor. That’s where insideARM’s weekly recap comes in. Our weekly recap of top stories will give you the news we found most interesting last week and – more importantly – why we think it’s relevant. Last week, we brought you updates on charge-off and delinquency rates; a glimpse into the CFPB’s rulemaking agenda, and insights regarding how technology can transform deceased account management.
On Tuesday, we brought you news from ProVest about Q2 charge-off rates, Q2 delinquencies, and which factors will impact charge-offs and delinquencies through the remainder of the year. These trends are key for ARM industry stakeholders to prepare for the future.
On Wednesday, we published Troutman Pepper Locke’s insights into the CFPB’s semi-annual rulemaking agenda. Despite the uncertainty surrounding the CFPB, it remains operational. Though much of it might be rollbacks, ARM industry stakeholders should continue to pay attention to what’s happening at the CFPB. This article is helpful to see where the agency is focused.
On Thursday we brought you insights from Phillips &Cohen Associates regarding how technology has the power to transform deceased account management. If deceased accounts are part of your portfolio, this article can help you find places for improvement in internal processes and in communicating with external parties.
Have a question about how your company should react to the news above? We have a group for that! The weekly peer call hosted by insideARM’s Research Assistant is the perfect place to ask a question and get advice from industry colleagues who are facing the same challenges you are. Not sure if it is for you? Try it on for size with our 1-month free trial. Click here to learn more!
