The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Government, News ‘Tides Have Changed’ For Fannie Mae, Freddie Mac Demand Propels Home Prices Upward 2 days ago Previous: Comptroller Joseph Otting to Step Down Next: CFPB Assisting Loss-Mitigation Efforts A report by Bloomberg said while the government took control of Fannie Mae and Freddie Mac during the last downturn, the GSEs are “now at the heart” of the government’s effort to assist homeowners, lenders, and servicers during COVID-19. Anthony Sanders, a finance professor at George Mason University, told Bloomberg, “the private market can’t save us.”“The tides have changed dramatically. Now we realize without Fannie and Freddie, we’d be in a world of hurt, because who else is going to buy these mortgages?” Sanders said. Bloomberg added that government control of the GSEs allowed Congress a tool to provide economic relief quickly, mostly through forbearance plans where borrowers can delay or make reduced payments. Black Knight reported that delinquent mortgages rose by 1.6 million in April—the largest monthly gain ever recorded. The national delinquency rate nearly doubled to 6.45% from March—the largest single-month increase ever recorded—and nearly three times the previous record for a single month from back in late 2008. “The fact that 70% of the market is federally backed has made this experience far less gruesome than it could have been,” said Julia Gordon, President of the National Community Stabilization Trust to Bloomberg. “As imperfect as it is, we’re still in a better place than we were in 2007.”The Federal Housing Finance Agency (FHFA) announced foreclosure and evictions supported by the GSE will be extended to June 30. Deadlines for all foreclosure and eviction moratoriums were set to expire on May 17. “During this national health emergency, no one should be forced from their home,” said FHFA Director Dr. Mark A. Calabria. “Extending the foreclosure and eviction moratoriums protects homeowners and renters with an Enterprise-backed mortgage and provides certainty for families.”This announcement came shortly after the FHFA announced new payment deferral options for loans backed by Fannie Mae and Freddie Mac. Borrowers now have the ability to repay their missed payments at the time the home is sold, refinanced, or at maturity. Servicers will begin offering deferral payment options beginning July 1, 2020, according to the FHFA. Tagged with: Fannie Mae FHFA Forbearance Freddie Mac housing market 2020 Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Mike Albanese Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Fannie Mae FHFA Forbearance Freddie Mac housing market 2020 2020-05-22 Mike Albanese Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / ‘Tides Have Changed’ For Fannie Mae, Freddie Mac Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily May 22, 2020 3,806 Views Subscribe
Tags: Colorado Buffaloes/Pac-12/Utah Utes Football December 10, 2020 /Sports News – Local No. 21 Colorado attempts to end 3-game losing streak to Utah Written by Associated Press FacebookTwitterLinkedInEmailUtah is about to be unseated as Pac-12 South champions. But the Utes can have a say in the race by knocking off Colorado.The Buffaloes need to win and have UCLA beat No. 16 Southern California to claim a spot in the Pac-12 title game.Should they win, the Buffs would lose out to the Trojans on a tiebreaker scenario. Colorado’s game at USC was canceled on Nov. 28 due to virus concerns within the Trojans program.The Utes have won three straight over Colorado.
He added that the new rules seemed to be “giving with one hand and taking with the other”, and that it was “pretty unprecedented” the government would have the power over investments.Clifford Sims, a partner at Squire Patton Boggs, said the new powers should be regarded as a way of granting the DCLG a carrot and stick with which to ensure the pooling of assets.He praised the way in which the new regulations were drafted and said he expected the ability of the government to intervene was likely to be reserved for funds unwilling to pool assets.Pointing to the consultation document that said the government would be able to intervene where an administering authority was “carrying out another pension-related function poorly”, Sims speculated that intervention would not be limited to investment decisions.“I think it is not just pooling, I think it is poor performance,” he said. “If they think someone is a sickly child, they will intervene.”Delderfield noted that The Pensions Regulator did not currently have the powers to direct investment.Instead, with schemes where it has concerns over aspects of management, it is able to replace one or all of the trustees.However, Jae Fassam, a senior associate at Pinsent Masons, said the change was in line with the rules governing private sector schemes, with a move towards a principles-based regulatory framework.“There has never been a power for the secretary of state to intervene in this way before, but, with the [previous] 2009 regulations, he already had intervened – he had just done so prior to publishing them,” he said. The only one of the English pooling proposals to so far meet the £25bn threshold is the London collective investment vehicle, which earlier this week announced the names of four managers in charge of £6bn in mandates. New rules allowing the UK government to control investments made by local authority funds are “unprecedented”, going beyond the influence The Pensions Regulator exerts over private sector schemes.Unveiled as part of the Department for Communities and Local Government’s (DCLG) legislative backstop to ensure local government pension schemes (LGPS) pool assets into up to six vehicles no smaller than £25bn (€35.5bn), the regulation also removed the current statutory investment rules, instead requiring an investment strategy statement be drafted that allows investments as long as they are prudent.Joanne Segars, chief executive of the Pensions and Lifetime Savings Association, welcomed aspects of the new regulation and praised the shift to the prudent person model, saying the association had long backed such a change. However, Gary Delderfield, a partner at law firm Eversheds, said the new regulation seemed “pretty unique”, as it allowed the secretary of state for communities – currently Greg Clark – to amend a fund’s investment strategy statement and direct investment in specific assets.
Three Donegal men are on the cusp of completing their new venture into whiskey distilling – and bringing the craft back to Donegal for the first time in 180 years.Crolly Distillery, located in the former Crolly Dolls Factory, will be a fully-functional distillery and visitor centre which aims to attract tourists and whiskey enthusiasts from all over the world to West Donegal.Joe Devenney from Annagry, Conor McMenamin from Ballybofey and Kieran Davis from Letterkenny are the men behind the exciting Donegal whiskey revival project. The team are delighted to be bringing new life to the former Crolly Doll factory and envisage the first liquid gold will flow through their pot stills in early 2020. Founders of Crolly Distillery – Kieran, Joe and ConorA state-of-the-art visitor centre will open in 2021 for specialist whiskey tours and tastings. It aims to attract 20,000 visitors in year one, with hopeful growth in these projected tourism figures going forward. Whiskey was last (legally!) produced in Donegal by William Leatham at the Bohillion Distillery in Burt but those stills fell silent in the early 1840’s. Three years ago, Joe, Conor and Kieran set about reviving the craft and reviving the famous Crolly Doll factory, which has lain dormant for twenty years until now.Crolly Distillery constructionThe location was selected alongside the Dore River as it provides ideal climatic conditions to slowly age a high-quality single malt Irish whiskey. Authenticity and originality are at the core of this endeavour and this sets Crolly apart. ‘If it’s Crolly on the bottle, it’s Crolly in the bottle’ is the mantra of the boutique distillery, which will produce in small batch volumes of an artisan, delectable single malt whiskey (50,000 litres of pure alcohol annually). The promoters have invested heavily to create a distillery which will be as sustainable and green as possible, harvesting rain water and recycling heat energy from the mashing and distillation process. The founders have also sourced two beautifully restored ex-cognac copper pot stills from the South of France and grade A ex-bourbon oak casks shipped from the United States for their premium product.Crolly WhiskeyThe Crolly Distillery story has already begun with the Founder’s 180 Club Cask Programme. The investment programme invites whiskey lovers to acquire one of the very first casks of Donegal-produced Irish whiskey from The Crolly Distillery. There are just 180 individually numbered casks available, and owning a cask allows members to be part of an exclusive Crolly club.Since the Crolly Factory renovations began, the distillery founders and promoters have been struck by the fond memories and anecdotes shared with them from locals – and they want to preserve those memories in the visitor centre and online in the future. The team are requesting your Crolly memories, be they pictures or written word, to [email protected] The worldwide chatter about the ‘the goings on’ in Crolly has already resulted in 50 Founders 180 Club casks sold at home and abroad.Cheers to that!Tugann an ghníomhaireacht rialtais, Údarás na Gaeltachta, tacaíocht don tionscnamh seo.Whiskey distillery breathes new life into famous Donegal factory was last modified: December 6th, 2019 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)
30 June 2009In the unlikely event of an injury to a referee during the 2010 Fifa World Cup, South Africa has a ready replacement – in President Jacob Zuma, who’s just been given a special award by Fifa for refereeing on Robben Island during his years as a political prisoner.Zuma refereed for the Makana Football Association, which ran a soccer league for political prisoners on Robben Island, between 1965 and 1973.Fifa president Sepp Blatter conferred the special award on Zuma on Sunday, the final day of the 2009 Fifa Confederations Cup.“It is a historical moment for Fifa to have a former referee of Robben Island in Mr Jacob Zuma,” Blatter said. “As such, we have decided that you are an International Referee, and that is why we have prepared a special certificate for you.”“Thank you so much, I appreciate it,” Zuma replied. “This brings back memories of my young days, when I could still play and referee!”For years on Robben Island, political prisoners had to fight for the right to play football, with men secretly playing the game in their cells with balls made of pieces of paper, cardboard and rags tied together with string.The island’s authorities finally gave in, granting inmates the right to play football in 1965. The prisoners then built their own goals, and would swap their drab prison garb to play in the colours of their teams on Saturdays.The Makana FA was formed in 1966. It was a football association which adhered strictly to Fifa’s statutes and laws of the game. On 18 July 2007, Makana FA became the first Fifa honorary member association.Among the best players on the island were the likes of Kgalema Motlanthe, currently Deputy President of South Africa. Dikgang Moseneke, now a Constitutional Court judge, was on Makana FA’s disciplinary committee.SAinfo reporter and Fifa.com
Sheeja Mathews became the first woman in India to own the iconic cult motorcycle.Why should men have all the fun with Harley Davidson? Bangalore-based HR professional Sheeja Mathews on Tuesday became the first woman in India to own the iconic cult motorcycle, thus breaking the stereotype of only tattoo sporting muscular hunks riding the bike.The 34-year-old, who has been riding to her office on her husband’s Yamaha RD 350 for the past 10 years, is now looking to cruise the new ‘Iron 883’ to her workplace at least once a week.”I didn’t know that I was the first woman to buy a Harley Davidson in India till the company people told me. I thought of upgrading to a Harley when they opened a showroom here,” Mathews said.When asked what prompted her to go for a Harley Davidson, she said: “Well, I have been riding my husband’s bike for the past 10 years and I thought it was high time I upgraded.”Mother of a 7-year-old son, Mathews said even her son is excited about the new bike, on which the family has spent about Rs 8 lakh in total, although the ex-showroom price of the bike is Rs 6.5 lakh.”Oh, he wants me to drop him to school on the bike so that he could show off his mother’s bike to his friends,” she said, adding, she would be taking the bike on long rides on weekends.A self proclaimed foodie and a shopaholic like any other woman, Mathews said she has been a drag racer as well.advertisement”I do drive a (Tata) Safari and (Chevrolet) Cruze but I love bikes,” she said, adding, her businessman husband chipped in 20 per cent of the amount for her Harley Davidson.The American cult bike maker started selling its bikes in India from last year and announced to set up an assembly plant in India in order to cater to demands here.The Iron 833 model is one of the two models to be assembled at the Bawal facility in Haryana. The other model is the Super Low.The company offers a total of 15 models in India priced between Rs 5.5 lakh to Rs 38.66 lakh (ex-showroom Delhi).
The 2007 National Touch League Senior tournament culminates with Finals day tomorrow at the BCU International Stadium in Coffs Harbour with semi-finals and grand finals to be played across seven hotly contested divisions.Can Suns exceptional form hold in the Men’s 30s division?Will the Sharkies Men’s 35s “World XIV” sweep all before them and go back to back in 2007?Can Scorpions grab a hat trick of Titles in the Men’s 40s?Will home town hopes the Northern Eagles send local fans into raptures with a title in the Men’s 45s division?Can Cobras keep their pristine tournament record intact in the Men’s 50s to claim the crown?In the Women’s 30s division, Can the Tropical North Queensland Cyclones annex the title for the first time in NTL history?Will the Scorpions Women’s 40s team clap the bookies in irons by claiming their fourth NTL championship in a row?Stay tuned, sports fans, all will be revealed tomorrow on 2007 Senior NTL Finals day.For the results and tables for all divisons go to the TFA SPORTINGPULSE WEBSITE8.00amMen’s 50s SF1: Cobras v HornetsMen’s 50s SF2: Eagles v ScorpionsWomen’s 40s SF1: Scorpions v Sharks Women’s 40s SF2: Cyclones v Suns9.00amMen’s 45s SF1: Eagles v RustlersMen’s 45s SF2: Suns v SharksMen’s 40s SF1: Scorpions v MetsMen’s 40s SF2: Suns v Sharks10.00amMen’s 35s: Sharks v CobrasMen’s 35s: Scorpions v Mets11.00amWomen’s 40s Final: TBCMen’s 50s Final: TBC12.00pmMen’s 45s Final: TBCWomen’s 30s SF 1: Cyclones v HornetsWomen’s 30s SF 2: Rustlers v Suns1.00pmMen’s 40s Final: TBCMen’s 30s SF 1: Suns v BarbariansMen’s 30s SF2: Warriors v Rustlers2.00pm Presentations2.30pmMen’s 35s Final: Sharks v Cobras3.30pmWomen’s 30s Final: TBC4.30pmMen’s 30s Final: TBC5.30pm Presentations
Mississippi State Hype VideoMississippi State suffered a tough loss to Georgia Tech in last year’s Orange Bowl, but all in all, the Bulldogs had a great season. MSU opened the 2014 campaign with nine straight victories, including wins over LSU, Auburn and Arkansas, before falling in a close contest to Alabama. The Bulldogs, in early November, were the No. 1 ranked team in the country. And they posted double-digit victories for just the second time in their program’s history.The 2015 Bulldogs aren’t being picked by many to be quite as successful, but with star quarterback Dak Prescott returning, they may surprise a few people. Thursday, the school released an awesome hype video titled “Relentless” to tease the 2015 campaign. Enjoy, MSU fans:
LONDON – Justin Trudeau is heading home from a lengthy, three-country foreign tour in which the prime minister appeared to recapture his international mojo and reassert several key alliances, but didn’t sign off on any big deals or declarations.When the 10-day trip to Peru, France and the U.K., with a quick stop in Ottawa, started last week, one of the top questions was whether Trudeau could rediscover his footing on the world stage after recent controversies in China and India.This time, there were no eye-catching outfits as Trudeau stuck to tried-and-true business suits and, on occasion, his patented button-up shirt and rolled-up sleeves as he met with world leaders, industry representatives and students.There were no noticeable gaffes or tensions as the prime minister pushed his progressive trade agenda, women’s rights and ocean protection while issuing warnings against rising authoritarianism and inequality around the world.Mixed with those higher ideals were closed-door discussions — first in Peru with Mexico and the United States about the North American Free Trade Agreement; and then in the U.K. about Russia, Syria and cybersecurity.The prime minister didn’t make it easy on himself, either, as he flew briefly back to Ottawa from Peru to meet with the premiers of Alberta and B.C. on the Trans Mountain pipeline, and then onto France, rather than directly to Paris as originally planned.Yet that stop back home may have represented the most concrete outcome as Trudeau announced plans to draft legislation affirming federal jurisdiction over the pipeline and negotiations with Kinder Morgan for financial support for the project.In Peru, just hours after meeting Trudeau, U.S. Vice-President Mike Pence did predict a new NAFTA within several weeks. In Paris, Canada and France agreed to co-operate and push other countries to honour their commitments under the Paris climate agreement.In London, the prime minister also joined his counterparts from Britain, Australia and New Zealand to reaffirm their tight-knit global security alliance.And Trudeau reportedly used every opportunity to promote Canada’s G7 priorities and bid for a UN Security Council seat. That included in meetings on the sidelines of the Summit of the Americas in Peru and a Commonwealth leaders’ summit in London with leaders from Chile, Peru, Argentina, New Zealand, Rwanda, Kenya, South Africa and the Caribbean.However, there were no significant business deals, despite a high-profile address to industry leaders in Peru and several meetings in Paris and London. There were minor foreign-aid announcements.Trudeau did have some bold moments, such as when he used his speech to the French National Assembly to make the case for the Canada-EU free trade deal — to the anger of some French MPs and approval of others.He was also unapologetically tough on the Venezuelan government, which he described as a murderous, authoritarian regime. And he was critical of the Commonwealth — or at least some of its members — for not championing LGBTQ rights.But the prime minister was ambiguous in a variety of other areas, including his plans to fight plastic waste in oceans and whether Russian hackers were a threat to average Canadians.And despite touting democratic ideals, there was no mention of human rights as he met with Rwandan President Paul Kagame, who has been accused of growing authoritarianism. He also veered away from any significant criticism of Cuba.Trudeau did, however, demonstrate that he still has drawing power, such as when foreign journalists packed his final news conference at the Summit of the Americas in Peru. He even made the front page of the prestigious Financial Times in London with a picture of himself taking a selfie with New Zealand Prime Minister Jacinda Ardern, London Mayor Sadiq Khan and a roomful of students.But he also played it relatively low key in some respects: missing, for instance, were his favoured fancy socks, replaced by fashionable but inconspicuous alternatives.Supporters would likely cheer the trip’s successes in terms of meeting key allies and advancing Canada’s interests on a number of fronts, including trade, security, gender rights and the environment.Trudeau’s Conservative critics, however, were unimpressed.“It is interesting how an average trip by the prime minister looks so good after the terrible embarrassment caused by the India trip,” said foreign affairs critic Erin O’Toole.He called out Trudeau for using the trip “to discount the importance of the resource industry in Canada at a time of national crisis over the Trans Mountain pipeline.”During his final news conference in London on Thursday, Trudeau was asked for his own assessment.“Here in London and in France and in Lima, we were very much engaged in promoting Canada’s interests and creating opportunities for greater trade, greater relationships that are going to benefit Canadians and benefit the world,” he said.“We know that government and governance and serving Canadians is a process that stretches out over time and we focus every day on defending and advancing the interests of Canadians — whether there’s a headline in it for you guys or not.”– Follow @leeberthiaume on Twitter.
Kolkata: Are you worried about the effects of harsh chemicals found in the colours that we use to play Holi?The city-based doctors have prescribed some guidelines on how to play a safe Holi without causing damage to the skin, eyes and hair. Holi is the festival of colours and people love to spend the day by rejoicing and merrymaking. Dr Madhumita Bhattacharya, consultant, department of dermatology at a private hospital in the city, shared effective tips to avoid the side-effects of the chemicals found in colours. Here are some tips to help you take some precautionary measures for a beautiful Holi. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari Puja Dr Bhattacharya said the amount of colours and water one uses during Holi can have a serious toll on your skin unless you are well-prepared in advance. So, here’s what you should do before stepping out of your house. Dr Bhattacharya suggests you should rub ice cubes on your face which will help to close pores on your skin and ensure colours don’t seep into your skin and cause breakage. One should apply oil on your face. Those who have dry or normal skin, can apply oil on their face and body. Oil will keep your skin moisturized all along. People can use coconut oil, castor oil and olive oil for this purpose, she said. One should also use a waterproof sunscreen to protect your skin from the sun. Also Read – Bengal civic volunteer dies in road mishap on national highwayThe doctors suggested the women to apply nail paints before playing Holi which can be removed later. People are also advised to drink lots of water before playing Holi. It keeps one hydrated and will provide energy. The doctor said one should wear sunglasses and remove contact lenses before going outdoors. If colours enter the eyes one should immediately rinse with cold water. Dr Bhattacharya said one should avoid scented or perfumed colours as they might cause allergies. One should wear dark full sleeves cotton clothes which will cover the whole body and can protect from harmful colours. She also urged people to use organic colours. After playing Holi, people should use a mild soap to remove the colours from their skin and use baby shampoo to wash their hair followed by conditioner. One should strictly avoid the use of kerosene, petrol and spirits to remove stains as they will damage the skin.