PETERBOROUGH, N.H. – Brookwood Capital, a relatively new firm onthe credit union card portfolio brokerage scene, is reporting that,according to its research, 43 credit union portfolios of over $1million were sold as of September 30, 2003. Six of the 43 hadoutstanding balances of over $10 million, the firm said. “Totalbalances sold year-to-date have been approximately $268 million,with the largest portfolio having had balances of slightly morethan $30 million,” the firm said. The firm reported that moreportfolios of over $1 million were sold in the first three quartersof 2003 than in the entire year of 2002, 43 versus 41, but that onaverage, the size of the portfolio sold has decreased slightly fromthis last year to this year (from approximately $6.9 million to$6.2 million). Universally accepted statistics on how many cardportfolios sell each year are notoriously hard to come by andseveral other brokerage firms also keep track of their ownnumbers.

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