Category: hiezs

Air travel picks up but cargo growth slips

first_img whatsapp Air travel picks up but cargo growth slips whatsapp Show Comments ▼ KCS-content Sharecenter_img Tags: NULL Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndo Tuesday 26 October 2010 8:08 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap THE recovery in the global air travel market gathered pace last month, but falling freight has sparked concern about the impact on the economic recovery of spending cuts.Passenger numbers rose 10.5 per cent year-on-year in September, significantly stronger than the 6.5 per cent increase in August, according to figures from the International Air Transport Association (IATA).IATA said the better passenger growth could be due to normal travel volatility boosted by factors such as the religious festival of Ramadan.Freight traffic rose 14.8 per cent, down from the 19 per cent in August and a larger fall than expected.IATA ?voiced concern about the drop in freight, saying consumer and business confidence was weak in many parts of the world.Spending to boost the economic recovery had failed to follow a lift in cargo earlier this year.IATA director general Giovanni Bisignani said the passenger recovery was good news, but the freight numbers were worrying.“Freight activity has fallen six per cent since May’s post-crisis peak. What we see in air cargo markets is inevitably reflected in the broader economy,” he said. last_img read more

Chalkline to expand offering into lottery and casino

first_img Topics: Casino & games Online casino Online lottery Tags: Chalkline Sports Chalkline Lotto-style sports games, fixed odds lottery, real-money jackpot games, social casino sports, and virtual currency games are all expected to be live by the end of the second quarter of 2021. Supplier Chalkline Sports today announced an expansion of its betting platform, which will see it include lottery and casino games going forward.  23rd March 2021 | By Nosa Omoigui Email Address Read the full story on iGB North America. The rebrand, which will see the company change its name to Chalkine, is part of the supplier’s strategy to consolidate its place in an emerging North American market – an area where it has been establishing itself since 2019.  Chalkline to expand offering into lottery and casino Subscribe to the iGaming newsletter Regions: US Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

Equity Bank Group Limited (EQTY.rw) Q32020 Presentation

first_imgEquity Bank Group Limited (EQTY.rw) listed on the Rwanda Stock Exchange under the Banking sector has released it’s 2020 presentation results for the third quarter.For more information about Equity Bank Group Limited (EQTY.rw) reports, abridged reports, interim earnings results and earnings presentations, visit the Equity Bank Group Limited (EQTY.rw) company page on AfricanFinancials.Document: Equity Bank Group Limited (EQTY.rw)  2020 presentation results for the third quarter.Company ProfileEquity Bank Group Limited is a leading financial institution based in Kenya which offers products and services to private individuals and small-to-medium enterprises, and the corporate banking market. It operates in six geographical markets; Kenya, Uganda, South Sudan, Rwanda, Tanzania and the Democratic Republic of Congo (DRC). The consumer division targets salaried customers or customers who receive regular remittances, such as a pension. The SME division provides financial solutions for working capital needs, property development and acquisition of assets. The corporate division targets large enterprises offering products and services that range from equity, mortgage and asset finance loans to trade finance, development loans and business loans. Formerly known as Equity Bank Limited, the commercial bank is a wholly-owned subsidiary of Equity Group Holdings Limited. Equity Bank Group Limited is listed on the Rwanda Stock Exchangelast_img read more

Forget Bitcoin. I think these smart moves will help you survive the bear market

first_imgForget Bitcoin. I think these smart moves will help you survive the bear market Paul Summers | Tuesday, 17th March, 2020 Image source: Getty Images Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. See all posts by Paul Summers Some assets have fared better than others. But it’s an indication of just how much the coronavirus outbreak has impacted the global economy that practically no asset has escaped unscathed. We can most definitely include Bitcoin in this. One month ago, the cryptocurrency was trading at a little above $10,000. Yesterday evening, the price was 50% lower. For context, the FTSE 100 is down almost 30% over the same period.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Yes, despite the horrible headlines and photos of City workers with their heads in their hands, the UK’s top tier of companies has actually outperformed Bitcoin. So much for the belief of some that the latter’s decentralised nature would make it the safe haven in times of strife.But could NOW be the time to buy?Not in my opinion. It’s no secret that the Fool UK team has collectively been sceptical as to the value of retail investors holding a wodge of the cryptocurrency. Sure, it’s made a few early adopters incredibly rich. But it’s also resulted in substantial losses for many who bought when the price peaked back in late 2017. For me, this aversion holds today, even if the price of a single coin is half what it was only a few weeks ago.My issues with Bitcoin remain, regardless of the price. It has no value beyond what someone pays for it, is extremely volatile even during times of market calm and, it would appear, is easily stolen. Nothing in the past few weeks has changed this. For me, there are far better moves to be making in this coronavirus-linked crisis. So what do you suggest?My first suggestion doesn’t involve any buying or selling at all. Instead, I’d recommend reaching for the history books. Doing so would reveal that bear markets are actually far from rare. The Great Depression was kick-started by the Wall Street Crash of 1929. Since then, there have been 25 bear markets in the US. On average, these have endured for 10 months.Does this make negotiating the current environment any easier? Probably not. That’s especially as it seems share prices are likely to continue heading southwards over the next few weeks/months. On a more positive note, we do know that things turn around eventually. Should this prove the exception to the rule, we’ll have far more important things to worry about than share prices!Another smart move would be to take a closer look at assets that have shown to give some protection to portfolios in the past. Gold is a good example, despite falling recently due to investors selling what they can in a ‘dash for cash’.Of course, buying anything at the moment takes considerable courage. But if you feel that the shiny stuff will eventually follow its traditional trajectory of rising when equities are out of favour (as it did during the 2007-09 financial crisis), an exchange-traded fund tracking its price could be the most appropriate, cost-effective way of getting some exposure. A final suggestion would be to keep things simple and stick with equities. Simply use pound-cost averaging to continue buying shares for the long term.And if picking individual company stocks seems too risky, consider buying a selection of cheap trackers and/or active funds with excellent track records, such as those managed by Terry Smith and Nick Train. center_img Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Paul Summers has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.last_img read more

House 1058 / Khosla Associates

first_imgShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/797295/house-1058-khosla-associates Clipboard ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/797295/house-1058-khosla-associates Clipboard Projects ArchDaily “COPY” Manufacturers: Bluescope, Lysaght, Birla Ultratech, Serenzo, Shree Saibaba MarbleSave this picture!Courtesy of Khosla AssociatesText description provided by the architects. This house in the upscale neighborhood of Jubilee Hills in Hyderabad is characterized by its accentuated and cantilevered timber clad trapezoidal roof forms that hover above the main spaces. A series of staggered rooms with slopes in different directions orient towards the privacy of an internal garden.Save this picture!Courtesy of Khosla AssociatesThe spatial layout maximizes the use of the linear site by dispersing the built form and greenery in equal measure along its length. The family required a segregation of public and private spaces and that was achieved in the vertical section of the house. Public spaces such as living, study, dining, puja, kitchen, guest room and home theatre are housed on the ground floor while the first floor has a master bedroom, two children’s rooms and a family area.Save this picture!SectionsEntrance is via a sun drenched tropical court, which extends into a light filled foyer and then flows into the living room. The living room is a glass pavilion with a hovering timber clad sloping room orienting itself into a tropical garden. The living extends into an ample L-shaped wooden deck that overlooks the central garden.Save this picture!Courtesy of Khosla AssociatesExperiments were carried out with the roof forms in this project. In order to create the vast cantilevers and shapes for each of the roofs, we had to create an elaborate tubular space frame truss structure, clad it with cement boards from the underside and then apply a final layer of thin slatted timber to it. Insulated white metal deck sheets that help reflect the fierce sun in the region protect the tops of the roofs. We worked with inverted trapezoidal forms for the study, living, master bedroom and kids room roofs, manipulated their angles, as well as playfully staggered their heights.Save this picture!First FloorThe Materials used in the house were an intentional departure from the luxe and bling textures that are typically the preference of people from Hyderabad. A natural earthy palette of local Kota stone was juxtaposed with polished cement, grey sadharhalli granite and teakwood. A bright use of colour on the furniture in hues of reds, yellows and blues contrasts with greys of cement and kota and the warmth of timber.Save this picture!Courtesy of Khosla AssociatesThe furniture and lighting are a judicious mix of locally crafted custom design pieces interspersed with big brands such as Moroso, B&B Italia, Poliform, Moooi and Dedon. Artwork is by Contemporary indian artists Tauseef Khan, Om Surya and Paribantana Mohanty amongst others and vibrant tribal Kilim rugs sourced from Turkey and Morocco.Save this picture!Courtesy of Khosla AssociatesProject gallerySee allShow lessSANAA’s Grace Farms Wins the 2014/2015 Mies Crown Hall Americas PrizeArchitecture NewsHotel Macpherson / A D LABSelected Projects Share House 1058 / Khosla AssociatesSave this projectSaveHouse 1058 / Khosla Associates Photographs:  Khosla Associates Manufacturers Brands with products used in this architecture project 2016 CopyHouses•Hyderabad, India Architects: Khosla Associates Area Area of this architecture projectcenter_img Houses Year:  “COPY” Photographs Area:  950 m² Year Completion year of this architecture project CopyAbout this officeKhosla AssociatesOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHyderabadIndiaPublished on October 20, 2016Cite: “House 1058 / Khosla Associates” 19 Oct 2016. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogShowershansgroheShower MixersEducational3MProjection Screen Whiteboard FilmPartitionsSkyfoldWhere to Increase Flexibility in SchoolsLinoleum / Vinyl / Epoxy / UrethaneTerrazzo & MarbleTerrazzo in The Gateway ArchSkylightsLAMILUXGlass Skylight FE PassivhausConcreteKrytonSmart ConcreteMetallicsTrimoMetal Panels for Roofs – Trimoterm SNVWire MeshGKD Metal FabricsMetal Fabric in Kansas City University BuildingGlassDip-TechDigital Ceramic Curved Glass PrintingMetallicsRHEINZINKZinc Roof Systems – Double Lock Standing SeamChairs / StoolsFreifrauBarstool – OnaSealants / ProtectorsWoodenha IndustriesFireproofing System for Wood Cladding – BIME®More products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream India House 1058 / Khosla Associates Save this picture!Courtesy of Khosla Associates+ 13 Sharelast_img read more

Shirley Littman: Women workers’ champion, Presente!

first_imgShirley Littman, labor union, anti-war, social justice activist and “Raging Grannies” artist, died on Dec. 7 in New York City. A Workers World Party supporter, she attended demonstrations, party meetings and events, including the 2015 memorial to LGBTQ fighter, writer and revolutionary, Leslie Feinberg. She is survived by her spouse, Larry, and their son, Danny, who joined Shirley at events.Some 250 friends and family members attended a Dec. 15 memorial to Shirley at the Church of the Holy Apostles in the Chelsea neighborhood. Her neighbor, Johnnie Stevens, delivered a solidarity message from WWP to Shirley’s family and thanked her for supporting the group he founded, Community Labor United for Postal Jobs and Social Services.Shirley attended activities that protested threats of post office closings. She wrote a song for the Raging Grannies honoring postal workers and calling for saving post offices. This activist group opposes war and promotes social justice and economic equality through song and satire.Neighbor Sara Catalinotto said: “I was first involved with Shirley in supporting the Stella D’Oro workers’ strike. We and others were outside Gristedes telling people to boycott the cookies. She was so energetic and loud that nobody could miss our message. She brought the issues to the masses with gusto.“Shirley was an active supporter of Parents to Improve School Transportation and helped get her union, Communication Workers Local 1180, to endorse the School Bus Bill of Rights campaign. PIST fights for the rights of parents of children with disabilities to better school transportation and educational services and opportunities.” Catalinotto founded PIST.Larry Littman described Shirley as a devoted union worker who believed in people uniting for the common good to help one another: “It was in her bones. She was a people person through and through.”The Dr. John Lovejoy Elliott Senior Service Award was given to Shirley in 2015. It honored her leadership and activism in the Chelsea community.CWA Local 1180 members spoke, praising Shirley’s record as a champion, especially of women and people with disabilities. The union represents over 8,500 NYC public sector workers, mostly women and people of color.An active member of her local’s Committee on People with Disabilities, Shirley joined its delegation at the NYC Disability Pride Parade. As a shop steward, she led such a fierce fight for equal pay and promotional opportunities for women union members in the NYC Department of Homeless Services that her photograph was featured on the front page of Local 1180’s newspaper, the Communique, for which she wrote articles.A union sister spoke about Shirley’s support for the “band of brothers,” Woodlawn Cemetery workers. She joined the Local 1180 delegation which protested racism at the Bronx cemetery.One of Shirley’s union brothers said, “Shirley brought revolutionary optimism to the world.” That inspired a reporter for the community newspaper, Chelsea Now, to headline her obituary, “The Revolutionary Optimism of Shirley Littman, 80, Will Shine On.”The Raging Grannies sang several songs at the memorial, including the postal song Shirley authored. They sang a tribute to her, entitled “Her Song Goes On.” It ends: “Her songs helped quench the flames of war and stilled the tyrants evermore. And through the strife, we hear her still, And so we know, her song goes on.”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

TCU grad’s coffee shop is a place to work and meet

first_imgTCU social work majors go into the field to help support Fort Worth’s homeless Entrance to workspace and conference room division. Shop view of Craftwork Coffee Co. TCU grad Riley Kiltz helped launch the coffee shop. Claire Girmanhttps://www.tcu360.com/author/claire-girman/ Linkedin print Barista at work. Conference room available to members. Twitter Shop view of Craftwork Coffee Co. TCU grad Riley Kiltz helped launch the coffee shop. Wood slat wall between coffee shop and workspace suites. Twitter Claire Girman + posts Starting a small business after college wasn’t part of the original plan for Riley Kiltz and Collin Sansom, founders of Craftwork Coffee Co.The duo opened their coffee shop-workspace hybrid in late January on Fort Worth’s historic Camp Bowie Boulevard.By fusing their skills as businessmen and coffee connoisseurs, they created a lively workspace fueled by community engagement and well-crafted coffee.“The heart behind Craftwork is to provide a comfortable workspace that also allows people to connect with each other,” Kiltz said. “It’s about getting people out of isolation and into community.”Kiltz said he began working in international investment consulting after graduating from TCU. He said his job demanded more time working on the road than from an office.The TCU grad said after catching up with colleagues he graduated with, he noticed a trend of people working more remotely.“It seemed the concern of where you were working became less important to what you were working on or who you were working with,” Kiltz said. “It didn’t seem to matter if you were working for a small firm or a Fortune 500 company.”He said when he needed to meet with clients, he would report to an office that fit the standard for corporate workspaces.“It was soul-crushing to walk into an environment of 50-something offices, where you would rarely come into contact with the people working alongside you,” he said. “This didn’t feel right to me.”He said working people should no longer have to settle for traveling long distances to a mundane office, only to be isolated from fellow co-workers.“This is when Collin and I began toying with the idea of what it would look like for someone to solve this workspace need,” Kiltz said. “Where we can have the accessibility of a home office, the control of a suite and be in community.”Coffee at the centerWhen breaking ground on the location which formerly housed an auto mechanic shop, psychic and real estate office, the duo considered what would bring energy to their workspace solution.They chose coffee.“One thing Craftwork does that’s very unique is its ability to draw people in through coffee. Coffee is a common denominator for a lot of people,” Kiltz said. “It has the power of getting people to familiarize with a space prior to stepping into it.”Kiltz said when mapping out the floor plan, he and Sansom strategically placed the coffee bar in the center.“This allows the workspace to revolve around that energy and life,” Kiltz said.The coffee shop serves more than just a brew. It includes dedicated areas where customers can work on their craft in open spaces or reserved office suites.Kiltz and Sansom partnered with a local architecture company, 97w, to put the space together.“Collin and I had the inspiration behind the space, but this design is very much the work of their hands,” Kiltz said.Down to the aesthetic details of the space, Kiltz and Sansom said they wanted to create an open-air environment that would allow sound to travel throughout the space.One way they did this was by working with local business, PalletSmart, to create a wood slat wall that was modeled off of one in the Guarulhos airport in Brazil.Kiltz said the wall in the airport is used to break up the space but allow sound to travel through. In the shop, the wall rests between the workspace suites and coffee shop tables.“You don’t have to rely on music to activate your workspace,” he said. “The wall allows us to do it with people and conversations.”Craftwork offers three workspace memberships: social, solo and team. The memberships range from $150 to $900 per month.The social membership serves as the most basic and caters toward people who may have an office or home office, but are looking for an area to step away “to breathe” or meet with clients.He said the suites are a place people are able to land that’s professional, but also life-giving.“I would find it difficult to pound out nine or 10 hours of work on a barstool. I hope no one has to do that,” Kiltz said. “That’s what these suites are for.”Other amenities including cafe discounts, 24-hour access and added storage and office space are included with the solo and team memberships.Having worked in multiple environments, whether in coffee shops or office environments, Kiltz said he and Sansom considered the different elements of these spaces and what they offered.He said they hope the concept will suit the t-shirt designer, software developer, photographer and attorney.Next stepsKiltz and Sansom said they want Craftwork Coffee Co. to be a place where people in different industries feel welcome to meet and work.“We provide a monthly meal to our members so they have an opportunity to connect, instead of feeling as if they’re just working beside each other,” Kiltz said.He said he and his staff are invested in bringing the best quality to their customers, whether through providing a professional working environment or by bringing the best brew to their cup.Kiltz said the shop rotates through different roasters in order to introduce people to different ways of roasting coffee.“In comparison to other cities of our size, I still think there’s a lot of room for good coffee shops to come in,” Kiltz said. “Which means there could be more opportunities for people to learn more about it.”Craftwork Coffee Co. currently serves four roasters: Onyx, Madcap, Olympia and Dallas-based Tweed.“Collin and I have traveled all over the country to ‘cup some coffee,’ which is equivalent to a wine tasting, with our roasters,” Kiltz said. “We’ve made a real effort to get to know them as people.”Craftwork has also partnered with Fort Worth’s Stir Crazy Baked Goods.Kiltz said the next step for Craftwork Coffee Co. is to refine how their micro-location works and identify other neighborhoods to expand into.“Our goal is not to just increase an accessible workspace, but a mobile one,” Kiltz said. “Despite the distances we may travel now to meet or work, we see Craftwork as a solution that can help us get more connected.” ‘Liters for Life’ student campaign raises funds for global water crisis The109: Community hosts fundraiser to support injured Fort Worth officer Open Streets event closes roadway in order to open for people Claire Girmanhttps://www.tcu360.com/author/claire-girman/ Claire Girman is a journalism major from Chapel Hill, North Carolina. She’s fueled by college sports rage, literature and French press coffee. Sickle cell support group raises awareness, gives back to local doctors Facebook Linkedin Claire Girmanhttps://www.tcu360.com/author/claire-girman/ Claire Girmanhttps://www.tcu360.com/author/claire-girman/ ReddIt Previous articleCenter for international studies hosts informational workshopNext articleVolunteers combat homelessness in Tarrant, Parker Counties Claire Girman RELATED ARTICLESMORE FROM AUTHOR ReddIt Facebook Fort Worth’s first community fridge program helps serve vulnerable neighborhoods Community to host fundraiser Monday to support injured Fort Worth officerlast_img read more

Mortgage Servicers on the Wrong End of CARES Act

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Mortgage Servicers on the Wrong End of CARES Act in Daily Dose, Featured, Foreclosure, Government, News June 3, 2020 1,859 Views CARES Servicers 2020-06-03 Seth Welborn Related Articles About Author: Seth Welborn Tagged with: CARES Servicers Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img Sign up for DS News Daily  Print This Post Share Save Previous: ‘Disasters Happen at the Community Level’ Next: Stabilizing the Mortgage Market Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Mortgage Servicers on the Wrong End of CARES Act Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Mortgage servicers are lined up to bear the brunt of the CARES Act according to Berkeley Research Group Managing Director Greg Halm on Law360. Halm notes that current legislation provides assistance to some borrowers who do not need help, and it requires the wrong entities, mortgage servicers, to finance a large portion of this assistance.A secondary source of revenue for servicers comes in the form of interest. When borrowers pay servicers before they are obligated to remit those funds to investors, insurance companies and taxing authorities, servicers can earn interest while they hold the borrower’s funds.However, when borrowers stop making payments on their mortgages, servicers lose this secondary revenue source, but still must pay insurance premiums and property taxes on behalf of borrowers, and also must make principal and interest payments to the investors who own the loans, at least for a period of time.Under normal circumstances, when a borrower misses a payment, a servicer will contact the borrower to explore the reasons for the missed payment, and it will do what it can to help the borrower get back on track and keep their home. A borrower might also proactively contact the servicer before a payment is missed.”In summary, the structure of the mortgage assistance program in the CARES Act will tend to increase the proportion of nonperforming loans and cause mortgage servicers to bear the cost,” said Halm. “However, unlike the federal government, loan servicers do not have virtually unlimited access to capital.”Given the financial pressure already being placed on servicers, and most acutely nonbank servicers, from such a large wave of delinquency and forbearance, there is a real danger that the CARES Act may have an unintended consequence: It could force servicers to exhaust their finite capital to provide assistance to borrowers with federally backed loans who do not need it, and thereby impair their capacity to provide assistance to other borrowers who do need it, but whose loans are not backed by federal entities.last_img read more

Mc Gowan says Irish Water briefing “changes nothing” as weekend protests loom

first_imgA Donegal County Cllr has said that a meeting with Irish Water officials yesterday has “changed nothing”.The Question and Answer session between senior Irish Water representatives and local authority members was held in Carrick-on-Shannon yesterday evening.Cllr Patrick McGowan says Fianna Fail Cllrs went to the meeting armed with a number of questions.He says they were told they’ll get their answers during the next few months………..Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/10/pmgwater.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Meanwhile, anyone who is against water charges is being urged to attend protests in Co Donegal this weekend.There are protests being held this Saturday afternoon in three different locations across the county.Protesters are meeting at 2pm outside Mr Chippy in Letterkenny and marching towards Market Square.While protesters are meeting similarly at Croghan Heights in Lifford and the Abbey Centre in Ballyshannon at 2pm on Saturday.Donegal Deputy Thomas Pringle is urging anyone against water charges, no matter what their political allegience is, to attend…………….Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/10/tpringprotest.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Pinterest RELATED ARTICLESMORE FROM AUTHOR By News Highland – October 30, 2014 Google+ Google+ Facebook WhatsApp Twitter Man arrested on suspicion of drugs and criminal property offences in Derry Twitter Further drop in people receiving PUP in Donegal center_img Mc Gowan says Irish Water briefing “changes nothing” as weekend protests loom Facebook Main Evening News, Sport and Obituaries Tuesday May 25th 75 positive cases of Covid confirmed in North Homepage BannerNews 365 additional cases of Covid-19 in Republic WhatsApp Previous articleGibson doubt for Scotland clashNext articleNI Police Ombudsman says Special Branch didn’t share all Omagh intelligence News Highland Pinterest Gardai continue to investigate Kilmacrennan firelast_img read more

Man accused of Minnesota health clinic shooting appears in court

first_imgWright County Sheriff’s OfficeBy HALEY YAMADA and ANDY FIES, ABC News(NEW YORK) — Gregory Ulrich, the man accused of the shooting rampage that killed one person and seriously injured four at the Allina Medical Clinic in Buffalo, Minnesota, made his first court appearance Thursday.Seven charges against Ulrich were formally presented, including one charge for second-degree murder with intent, four charges of first-degree attempted murder, one charge relating to the use of an explosive or incendiary device and one for possessing a pistol without a permit. The charges are listed in a criminal complaint filed by prosecutors Thursday morning.The hearing was held remotely in the Wright County District Court with Ulrich appearing by video from the nearby jail.According to the criminal complaint, the gunman allegedly walked into the clinic Tuesday morning and started firing, hitting five victims in minutes. Lindsay Overbay, a 37-year-old medical assistant and mother of two young children, died from gunshot wounds, and four others were hospitalized.The suspect also allegedly detonated two improvised explosive devices that caused significant damage at the clinic. An unexploded one was later found there by law enforcement bomb technicians.The complaint also stated Ulrich’s cellphone contained a “rambling video message that alluded to an incident at the clinic.”During a news conference after Thursday’s hearing, County Attorney Brian Lutes said that Overbay “was a mother, a wife, a daughter, a sister. She went to work and didn’t come home.”According to the complaint, the suspect was allegedly carrying extra ammunition, including two loaded magazines for his pistol.Asked at the press conference how more people weren’t shot, Wright County Sheriff Sean Deringer said, “The staff that were left in the building did an excellent job of barricading themselves in locked and closed offices.”The shooter, Deringer suggested, “may have run out of victims.”Ulrich’s bail was set at $10 million without conditions or at $5 million if he were to accept a list of restrictions. The next hearing is set for March 22.Copyright © 2021, ABC Audio. All rights reserved.last_img read more