December 12, 2017 (Sacramento, CA) – Receivables Management Association International is honored to announce that DebtTrader.com has once again demonstrated their ongoing commitment to superior education and distinguished speakers by becoming the 21st Annual Conference registration sponsor. The Annual Conference, occurring February 6–8, 2018, brings together key participants in the receivables management industry, including debt buyers, collection […]
December 8, 2017 (Sacramento, CA) – FLOCK Specialty Finance has once again demonstrated their ongoing commitment to superior education and distinguished speakers by sponsoring the Receivables Management Association International (RMA) Annual Conference, occurring February 6–8, 2018. The conference brings together key participants in the receivables management industry, including debt buyers, collection agencies, collection law firms, brokers, and […]
December 2, 2017 (Sacramento, CA) – This week, Receivables Management Association International participated at the Consumer Federation of America’s 30th Annual Financial Services Conference in Washington, D.C. David Reid, RMA’s Director of Government Affairs & Policy, spoke on a panel titled, “Debt Buyers and Debt Collection”, along with a representative from the National Consumer Law […]
Receivables Management Certification Program Becomes Industry Standard, Protects Record Level of Consumers
November 16, 2017 (Sacramento, CA) – RMA’s Receivables Management Certification Program has been widely adopted by receivables management companies since its introduction in 2013. A growing number of businesses have earned the Certified Professional Receivables Company designation—up to 143 as of November—and a total of 237 individuals have earned the Certified Receivables Compliance […]
November 13, 2017 (Sacramento, CA) – Earlier this month, the State of Oregon launched the application for its new Debt Buyer license. Pursuant to Chapter 625 of the Laws of 2017, Oregon becomes the first state in the nation to adopt a stand-alone licensure requirement for debt buyers. In most states that require a license for […]
RMA Recommends Suspension of Communications to Consumers Located in Areas Affected by Tropical Storm Harvey
September 1, 2017 (Sacramento, CA) – The members of Receivables Management Association (RMA) have kept close in mind those affected by Tropical Storm Harvey.
The storm resulted in widespread devastation and thousands of displaced families. FEMA has stated that recovery will take multiple years. While no amount of time can fully heal the physical and emotional […]
August 10, 2017 (Sacramento, CA) – Receivables Management Association International (RMA) hosted a successful Executive Summit last week in Lake Tahoe, California. The annual event is designed to be a networking opportunity for owners and top managers in the accounts receivables management (ARM) industry.
This year’s Executive Summit boasted 125 attendees from a wide range of ARM-industry companies. The intimate nature of the Resort […]
RMA EXPANDS ITS CERTIFICATION PROGRAM
Now Includes Criteria for the Purchase and Sale of Judgments
July 21, 2017 (Sacramento, CA) – As of August 1, 2017, the Receivables Management Association International’s (RMA’s) Receivables Management Certification Program (RMCP) has been expanded to include first-in-the-nation criteria for the purchase and sale of judgments.
“The purchase of pre-judgment receivables is […]
June 29, 2017 (Sacramento, CA) – The Federal Reserve Bank of New York published a report in May 2017 confirming the vital role of debt collection in the credit-based economy. The report, titled Access to Credit and Financial Health: Evaluating the Impact of Debt Collection, is based on data analytics between states with varying degrees […]
June 20, 2017 (Sacramento, CA) – On Friday, June 16, Maine Gov. Paul LePage signed into law HP 836 (LD1199), which added new requirements to the Maine Fair Debt Collection Practices Act for companies that purchase receivables on the secondary market. The law requires debt buying companies to possess specific account-level data […]