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eries of $12.6B. • In 2017, Resurgent saw revenues of $515MM and pre-tax eamings of $109MM For internal use only EFTA01394831 KBRA • One of 10 Nationally Recognized Statistical Rating Organizations (NRSROs) and one of only 5 fully licensed in all rating categories • Navarro purchased KBRA in 2015. Since acquisition the company has expanded its
d) 2) Resurgent Capital — Article found in internet search, 7/11/2012 — Baltimore Business Journal article detailing a voluntary settlement between Resurgent Capital and the Maryland State Collection Agency regarding debt collection cases, $1MM (see "Article_Resurgent BBS" attached) 3) Resurgent Capital - RDC a
hased over 50MM cases. • Navarro also confirmed that he was unaware that the 400 cases were still being pursued following the 2010 reaffirmation. Resurgent Capital Resurgent Mitigants: • Resurgent contracts out all debt collection to debt collection agencies. They can terminate them if they are not upholding
KBRA • One of 10 Nationally Recognized Statistical Rating Organizations (NRSROs) and one of only 5 fully licensed in all rating categories • Navarro purchased KBRA in 2015. Since acquisition the company has expanded it
ents, paying civil/state penalties of 5175K and making key enhancements to their debt collection practices in NY (namely updating disclosures). 2) Resurgent Capital — Baltimore Business Journal article found in internet search • On 7/11/2012 the Baltimore Business Journal published an article detailing a volun
sumer debt, and have generated cash recoveries of $12.66. In 2017, Resurgent saw revenues of $515MM and pre-tax earnings of $109MM KBRA One of 10 Nationally Recognized Statistical Rating Organizations (NRSROs) and one of only 5 fully licensed in all rating categories Navarro purchased KBRA in 2015. Since acquisition the company has expanded its
rchased over 50MM cases. Navarro also confirmed that he was unaware that the 400 cases were still being pursued following the 2010 reaffirmation. Resurgent Capital Resurgent Mitigants: Resurgent contracts out all debt collection to debt collection agencies. They can terminate them if they are not upholding th
Entities connected to both Nationally Recognized Statistical Rating Organizations and Resurgent Capital
the Baltimore Business Journal
ORGANIZATIONResurgent Capital Services
ORGANIZATIONResurgent
ORGANIZATION
Navarro
PERSON
Sherman
PERSON
Citicorp
ORGANIZATION
Mohammed bin Salman
PERSONNY State
ORGANIZATIONJoanne
PERSONChemical Bank
ORGANIZATIONKroll
ORGANIZATIONFulton Street
ORGANIZATIONCredit One Bank
ORGANIZATIONPatrick Campion
PERSONAndrew Gallivan
PERSONRadian
ORGANIZATIONFabrizio Campelli
PERSONJessica Wilbur
PERSONAlliance Data Systems
ORGANIZATIONQuarter End
ORGANIZATION