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While it certainly isn't at the top of the list, it's always good to take some time to keep up with operational compliance.
According to Ken Sponsler of PossibleNOW, while attorneys and telemarketing compliance professionals can provide information about regulatory requirements, many companies struggle with determining how to translate those requirements into compliant operations. Ken goes into detail of how you can move your business in this direction, read the story below.
Have a great day!
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| Do you have live call transfers of double-verified and interested borrowers in your leads mix? You should, and we can help. |
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| Industry News |
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| PossibleNOW |
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| Over the years our privacy preference compliance consultants have performed assessments of a wide array of companies from Fortune 500 sellers to 25 seat service providers. Regardless of the company's size, many are challenged to implement the operational aspects of compliance. While attorneys and telemarketing compliance professionals can provide information about regulatory requirements, many companies struggle with determining how to translate those requirements into compliant operations.
Full Story
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| Originator Times |
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| Consumerinfo.com, doing business as Experian Consumer Direct, will pay $300,000 to settle Federal Trade Commission charges that ads for its "free credit report" offer failed to disclose adequately that consumers who signed up would be automatically enrolled in a credit- monitoring program and charged $79.95. The FTC alleged that the failure to clearly disclose the enrollment and charges violated a previous settlement.
Full Story
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| Reuters |
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| U.S. mortgage applications jumped last week as borrowers emerged in droves to refinance their existing home loans as interest rates fell to their lowest since early December, an industry trade group said on Wednesday.
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| Reuters |
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| U.S. Treasury Secretary Henry Paulson said on Tuesday that a weakened housing market will not have a major impact on the U.S. financial sector, which he described as quite healthy.
Full Story
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| Investor's Business Daily |
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| Subprime lenders crashed Monday amid a flurry of bad news that roiled the overall stock market once again.
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| MarketWatch |
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| As troubles continue to roil the market for subprime mortgages, New Century Financial Corp. says that it's technically in default with several lenders and is under investigation by federal regulators.
Full Story
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| MarketWatch |
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| Federal bank regulators demanded tougher standards for subprime loans Friday, saying they're worried that borrowers who select adjustable-rate mortgages may not understand the risks associated with them.
Full Story
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| Bankrate |
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| Mortgage rates dropped this week in a classic illustration of a phenomenon known as the flight to quality.
Full Story
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| Reuters |
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| Mortgage applications for U.S. home purchases and refinancing rose last week when long-term borrowing costs dipped, an industry trade group said on Wednesday, but other housing measures were mixed.
Full Story
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| Business Solutions |
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 GoToMyPC is the fast, easy and secure way to access your PC from any Web browser or wireless device in real time. Access Your PC from Anywhere
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 The Internet is the new yellow pages. More and more, consumers turn to the web first to research and find nearby retailers and local service providers—at the rate of 213 million searches every single day. Simply put, if you’re not online, those people can’t find your store or purchase from you. And LeadConnect™ is the simple, affordable, and effective solution that targets and showcases your business to local shoppers on the web, driving more buyers directly to you. Help your customers find you!
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 What is RingCentral? Hailed by Inc. Magazine as "Best for...Toll-Free Numbers", RingCentral enables mobile professionals and small businesses to effectively manage communications, project a professional image, and win customers. RingCentral combines a toll-free or local number with a Virtual PBX, Auto-Attendant, Voicemail, Internet Fax, Call Forwarding, Click-to-Call, and many other time and money-saving features. Get a unique Toll-Free and/or Local number with voicemail for as low as $9.99 a month!
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DNCSolution is a family of Internet-based products that handle the full range of Do Not Contact (Do Not Call, Do Not Fax, Do Not E-mail, Do Not Mail) compliance. DNCSolution also addresses the privacy directives and opt-in/opt-out preferences of your prospects and customers. DNCSolution.com
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Leads360’s lead tracking software can give you visibility over your sales force and get valuable insight into your contact ratio. Contact Leads360 today and learn how we can help you increase your contact ratio by more than 20% in the first month. Call 1-888-508-4462 or visit Leads360.com
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| Your On-line Account |
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We're working hard to make our client Extranet at Clients.DoublePositive.com an increasingly useful tool. We'll provide weekly updates on improvements recently released and those coming soon. We want to know what enhancements are most valuable to you! We'll use your feedback to prioritize our development, so please email us now with your suggestions!
On-line Account Features
- New site design
- 6 Hour Window a requirement
- View/Edit Users – Password entries are now validated to be at least 5 alphanumeric characters
- Enhanced Analytics - Track Transfers...by loan officer! -- Now for each Transfer you receive...you can track it back to the loan officer in your organization who handled the call.
- Online Ordering and Credit Card Processing - Online reordering is as easy as ever; it now stores the previous credit card you used from the last order.
- Streamlined Credit Review - Submit transfers for credit review and receive responses directly from the Billable Transfers Report page of our extranet.
- Real-time On-Hold Control - Put your account on hold or make it active instantly whenever you like, just by clicking a link.
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