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According to Synovate, a market research firm, providers of credit cards increased mailings by 46 percent in the fourth quarter of 2009. In all, mailings amounted to 398.5 million offers, an increase from the 272.5 million seen the quarter prior.
Though the numbers of mailings were up in the last quarter of 2009, they are still lower when compared to the year before. Read more…
While the company’s Security Index showed improvement at the end of 2009, it fell by 3.2 points in February. This decline is often witnessed early in the year, when credit card bills from the holidays start coming in, according to Keith Brannan, vice president of financial security planning for Country Financial.
“This year’s decline is more severe, however, and probably represents the struggle to remain patient with our nation’s financial recovery,” Brannan said. Read more…
Weichert Realtors announced the launch of its new Claim-No-Claim Home Protection Plan. This home protection plan, provided through HMS Home Warranty, now includes coverage for unknown pre-existing conditions, lack of maintenance and jetted bathtubs in addition to the coverage already provided by the previous protection plan.
Weichert Financial Services said it is committed to offering its clients ‘best-in-class’ products and services. “The innovative Claim-No-Claim Weichert Home Protection Plan is a unique offering within the industry and lives up to the expectations we have for Weichert branded products.” said Bill McMahon, vice president for Weichert Financial Services.
Founded in 1969, Weichert Realtors has grown from a single office into one of the nation’s leading providers of homeownership services by putting our customers first. With near
This information is currently protected by the Payment Card Industry Security Standards Council, which sets 12 specific goals to build and maintain secure networks. Compliance with PCI standards is mandatory for all companies storing or processing payment card identification. Heartland executives originally said they were compliant, but later disclosed that assessors incorrectly informed the company.
In a report by NetworkWorld, Lieberman Software CEO Phil Lieberman said improved payment technology could be used to prevent future security breaches, which can be devastating to consumers’ credit scores. Read more…
Frank and Myriam Warren sold a five-bedroom, 3.5-bath home at 834 E. 44th St. in Bronzeville to Craig and Owinda Marchbanks for $375,000 on Jan. 7.
The Warrens bought the property for $318,000 in Jan. 2001. The 3,154-square-foot house was built in 2001.
Ms. Warren serves as a special counsel at Faegre & Benson in their Minnesota office. Her practice concentrates in the all aspects of general and complex commercial litigation.
She graduated from Dartmouth College and earned her J.D.
Prime U.S. credit card asset-backed securities (ABS) performance stabilized in December, with most trusts reporting minimal changes in delinquencies and chargeoffs following record delinquencies in the previous month, according to Fitch Ratings.
In addition, credit card ABS trusts excess spread cushions widened further as pricing changes begin to take full effect boosting portfolio yields. (Click chart to enlarge)