Executive Change: Michael Taulbee Promoted at Houston Funding

Houston Funding II, Ltd., a leading purchaser of charged-off consumer bank debt, today officially announced the appointment of Michael Taulbee as Partner and Director of Acquisitions and Sales.  Harry Cagle, President of Houston Funding II, Ltd. said, “Since Michael joined us, our firm has seen record growth in collections, revenue, and purchase volume.  Michael’s experience and expertise have been a direct contributor to our growing success.”

During his tenure at Houston Funding, Mr. Taulbee has overseen the acquisition of record amounts of paper, introduced a robust sales channel, and enhanced the collection strategies of the firm.  “I am very excited to continue working Houston Funding in this new position” said Mr. Taulbee.  “As we continue to develop Houston Funding as a choice purchaser of Charged-off receivables, this expanded role will be instrumental in helping guide our firm into the next phase of development."

Mr. Taulbee joined Houston Funding in October 2005 as Managing Director of Acquisitions and Sales.  In his new and expanded job, Michael will continue to lead the Acquisitions and Sales department, in addition to a greater hand in both operations and finances for Houston Funding.