Credit card portfolio sales this year have snapped back to a pace last seen before the recession took hold. Their prices are also rising.

So far this year 36 credit card portfolios have changed hands, more than triple last year's total number of 10 deals, according to Robert Hammer, CEO of RK Hammer Associates, who notes that more issuers are opting to take their own card operations back in-house as credit performance improves.

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