Demand Propels Home Prices Upward 2 days ago Print This Post in Daily Dose, Featured, Foreclosure, Government, News Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago July 11, 2019 2,115 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago About Author: Seth Welborn Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Share Save The Week Ahead: Nearing the Forbearance Exit 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. Fannie Mae and Freddie Mac completed 1,746 foreclosure prevention actions in April 2019, according to the latest Federal Housing Finance Agency (FHFA) Foreclosure Prevention, Refinance, and Federal Property Manager’s Report. The report states that the GSEs have completed 4,334,550 since the start of conservatorship in September 2008.Additionally, there were 7,657 permanent loan modifications in April, bringing the total to 2,343,704 since the conservatorships began in September 2008. The serious delinquency rate decreased slightly from 0.71% at the end of March to 0.69% at the end of April, and foreclosure starts decreased from 11,238 in March to 10,320 in April. Third-party and foreclosure sales decreased from 3,527 in March to 3,398 in April. The FHFA’s report also notes that there were 530 short sales and deeds-in-lieu of foreclosure completed in April, up 5% compared with March.In the first quarter of 2019, Fannie Mae and Freddie Mac completed 38,968 foreclosure prevention actions, bringing the total number of foreclosure prevention actions to 4,322,804 since September 2008. Of the over four million foreclosure prevention actions taken by the GSEs, the FHFA notes that actions, 3,629,411 have helped troubled homeowners stay in their homes, including 2,336,047 permanent loan modifications. Additionally, around 38% of loan modifications completed in Q1 reduced borrowers’ monthly payments by more than 20%.HFA’s report also includes total numbers of home forfeiture actions. According to the report, Fannie Mae and Freddie Mac completed 1,542 short sales and deeds in lieu in the first quarter, bringing the total to 693,393 since conservatorship began.“The number of completed short sales and deeds in lieu decreased 13% in the first quarter compared with the fourth quarter of 2018,” the FHFA states. “These foreclosure alternatives help to reduce the severity of losses resulting from a borrower’s default and minimize the impact of foreclosures on borrowers, communities, and neighborhoods.” How Fannie and Freddie are Preventing Foreclosure Home / Daily Dose / How Fannie and Freddie are Preventing Foreclosure Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: Mortgage Technology Company Announces Executive Changes Next: Protecting Businesses and Consumers from Fraud Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Fannie Mae FHFA Foreclosure Freddie Mac 2019-07-11 Seth Welborn Tagged with: Fannie Mae FHFA Foreclosure Freddie Mac Subscribe
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Petermann Fjord is a deep (>1000 m) fjord that incises the coastline of north-west Greenland and was carved by an expanded Petermann Glacier, one of the six largest outlet glaciers draining the modern Greenland Ice Sheet (GrIS). Between 5 and 70 m of unconsolidated glacigenic material infills in the fjord and adjacent Nares Strait, deposited as the Petermann and Nares Strait ice streams retreated through the area after the Last Glacial Maximum. We have investigated the deglacial deposits using seismic stratigraphic techniques and have correlated our results with high-resolution bathymetric data and core lithofacies. We identify six seismo-acoustic facies in more than 3500 line kilometres of sub-bottom and seismic-reflection profiles throughout the fjord, Hall Basin and Kennedy Channel. Seismo-acoustic facies relate to bedrock or till surfaces (Facies I), subglacial deposition (Facies II), deposition from meltwater plumes and icebergs in quiescent glacimarine conditions (Facies III, IV), deposition at grounded ice margins during stillstands in retreat (grounding-zone wedges; Facies V) and the redeposition of material downslope (Facies IV). These sediment units represent the total volume of glacial sediment delivered to the mapped marine environment during retreat. We calculate a glacial sediment flux for the former Petermann ice stream as 1080–1420 m3 a−1 per metre of ice stream width and an average deglacial erosion rate for the basin of 0.29–0.34 mm a−1. Our deglacial erosion rates are consistent with results from Antarctic Peninsula fjord systems but are several times lower than values for other modern GrIS catchments. This difference is attributed to fact that large volumes of surface water do not access the bed in the Petermann system, and we conclude that glacial erosion is limited to areas overridden by streaming ice in this large outlet glacier setting. Erosion rates are also presented for two phases of ice retreat and confirm that there is significant variation in rates over a glacial–deglacial transition. Our new glacial sediment fluxes and erosion rates show that the Petermann ice stream was approximately as efficient as the palaeo-Jakobshavn Isbræ at eroding, transporting and delivering sediment to its margin during early deglaciation.
The Ghana Football Association has named Yusif Basigi as head coach of the National U-20 female national team, the Black Princesses.Imoro Amadu is the assistant coach with Emmanuel Kwesi Selassie as the Physical Trainer.Other members of the technical team are as follows, Nassamu Yakubu – Goalkeepers Trainer, Dr. Mabel Aboah -Team doctor, Asabea Opare – Physiotherapist, Susie Djoleto – Team Masseur, Madam Evelyn Nsiah Asare – Welfare Manager and Genevieve Clottey – Equipment manager.The GFA has also named Eastern Regional FA Chairman Linford Asamoah as Chairman of the Black Princess Management Committee with Abena Brigidi as the Vice-Chairperson.Other members of the management committee are Yakubu Asamani, Christian Isaac Mensah and Linda Ansong.Here are the Technical and Management Committee members:TECHNICALYussif Basigi – Head CoachImoro Amadu – Assistant CoachEmmanuel Kwesi Sellasie – Assistant Coach (Physical Trainer)Nassamu Yakubu – Goalkeepers TrainerDr. Mabel Aboah – Team DoctorAsabea Opare – PhysiotherapistSusie Djoleto – Team NurseEvelyn Nsiah Asare – Welfare managerGenevive Clottey – Equipment ManagerMANAGEMENT COMMITTEELinford Asamoah – ChairmanAbena Brigidi – Vice ChairmanYakubu Asamani – MemberChristian Isaac Mensah – MemberLinda Ansong – Member Source: ghanafa.org
Leicester boss Rodgers: Chilwell has ‘scary’ potentialby Paul Vegas21 days agoSend to a friendShare the loveBrendan Rodgers says Leicester City left-back Ben Chilwell has ‘scary’ potential.The England international, 22, has been scouted by Manchester City and Manchester United in recent times.As one of the first names on his team-sheet, Foxes boss Rodgers has been wowed by Chilwell’s room for growth.”The beauty with Ben is the more I work with him, the more I realise how much he is going to improve,” said Rodgers.”It is scary really. He has only really broken through in the last couple of years and yet when I talk to him he is learning and wanting to learn all the time, so he has still got levels to come up.”It’s frightening because he is up there with the best at this level. He is young and he is only going to get better. Like James [Maddison], they are hungry to improve and that is important.” About the authorPaul VegasShare the loveHave your say
Udoka AzubuikeUdoka Azubuike, a four-star center in the 2016 class, has committed to Kansas. The 6-foot-11, 265-pound Nigeria native is ranked the No. 3 player at his position and the No. 28 player in the class by 247 Sports’ Composite Rankings. He announced his commitment on ESPNU, picking the Jayhawks over North Carolina and Florida State, among other programs. Five-star Udoka Azubuike announces for Kansas.— Jeff Borzello (@jeffborzello) January 28, 2016With Azubuike’s commitment, Kansas now has two commitments in the 2016 class.
TORONTO – Shares of Linamar Corp. fell more than 10 per cent in early trading after reporting a drop in third-quarter earnings compared with a year ago, hurt by one-time costs.Linamar shares were down $9.61 at $67.31 in late-morning trading on the Toronto Stock Exchange.After the close of markets Tuesday, the auto parts maker said it earned $107.3 million or $1.62 per diluted share in its third quarter.That compared with a profit of $122.2 million or $1.86 per share a year ago.However, the company said that before non-recurring items and foreign exchange impacts its earnings increased 9.2 per cent.Sales for the three months ended Sept. 30 grew to $1.55 billion, up from $1.46 billion in the same quarter last year.
Changes to the Income Tax Act allow for the implementation of the tax credit for LNG development in the province.Horgan says the government set four stringent conditions for liquefied natural gas production in B.C., including a fair return for natural resources, jobs for residents and partnerships with First Nations.The premier says the LNG Canada project meets those conditions and is expected to generate $23 billion in government revenues. VICTORIA, B.C. – The British Columbia government has secured the last steps of the fiscal framework for liquefied natural gas projects in the province.The legislative assembly passed the Income Tax Amendment Act Thursday, and Premier John Horgan says that will secure the largest private-sector investment in Canadian history.The joint venture, which includes Petronas, Shell Canada Energy and PetroChina Canada Ltd., announced last year that LNG Canada’s $40-billion project on B.C.’s northern coast would proceed.
NEW DELHI: The AAP is neither open nor closed for any alliance with Congress but as the Congress is yet to reach any concrete decision over the alliance the AAP decided to announce all the candidates without any delay, asserted AAP Delhi Convenor Gopal Rai. He also said the party waited for long but could not afford to lose more time owing to “Congress’ state of confusion” over an electoral alliance in the city.Sources said the AAP was in talks with the Congress over seat-sharing but both the parties wanted to contest from the same seats due to which they could not reach a consensus. Moreover, Delhi Congress chief Sheila Dikshit has not been in favour of an alliance with the AAP but many leaders and workers in the Delhi Congress were in favour of the alliance. Delhi Congress president Sheila Dikshit appeared to be isolated over the issue of alliance with AAP for Lok Sabha polls, as AICC in-charge PC Chacko on Friday claimed that “many” in the party were in favour of such up tie-up. He, however, said that a final call on the issue of alliance with Aam Aadmi Party (AAP) in Delhi will be taken by the Congress president Rahul Gandhi. In 2013, AAP received less votes than the BJP but briefly formed a government in a post-poll coalition with the Congress. In 2014, AAP improved to 33 per cent but the BJP jumped to 47 per cent and swept all 7 Lok Sabha seats. In 2015, AAP shot up to 54 per cent to sweep 67 of the 70 Assembly seats. In the 2017 Assembly elections, AAP remained at 24 per cent and won 20 seats to emerge principal Opposition against the Congress (38%, 77 seats) while SAD-BJP slipped to 29 per cent and 18 seats.
New Delhi: The NITI Aayog will organise the FinTech Conclave 2019 on financial technologies in the national capital on Monday, according to an official announcement here. A NITI Aayog statement on Sunday said that the conclave, to be inaugurated by Reserve Bank of India (RBI) Governor Shaktikanta Das, will be attended by senior government and RBI officials, as well as more than 300 representatives from the leading financial institutions “The objective is to shape India’s continued ascendancy in fintech, build the narrative for future strategy and policy efforts, and to deliberate steps for comprehensive financial inclusion,” it said. “The Conclave will be featuring representatives from across the financial space – central ministries, regulators, bankers, startups, service providers and entrepreneurs. “The conclave will host more than 300 representatives from the leading financial institutions, including HDFC Bank, IndusInd, ICICI Bank, SBI Card, Tata Capital and fintechs like BankBazaar, PhonePe, Capital Float, Zerodha, PayTM, MobiKwik and PayU,” it added. Leading venture capital investors, state governments, micro, small and medium Enterprises (MSMEs) and industry experts will also be present. The statement also said the valedictory session of the conclave will have presentations consolidating sector-specific findings of the various panels on themes such as “digital onboarding of customers and merchants for financial inclusion, building financial products for millennial India and emerging areas of fintech.” Citing industry research that $1 trillion, or 60 per cent, of retail and SME credit will be digitally disbursed by 2029, it said that India is one of the fastest growing fintech markets globally. The Indian fintech ecosystem is the third largest in the globe, attracting nearly $6 billion in investments since 2014, the statement added.
Mumbai: Benchmark Sensex zoomed over 1,422 points and the NSE Nifty surged 421 points after most exit polls showed that the Narendra Modi-led NDA is returning to power with a thumping majority in the Lok Sabha elections. The 30-share index ended 1,421.90 points, or 3.75 per cent, higher at 39,352.67. During the day, the gauge hit a high of 39,412.56 and a low of 38,570.04. In a similar movement, the broader NSE Nifty soared 421.10 points, or 3.69 per cent, to 11,828.25. Also Read – India gets first tranche of Swiss account details under automatic exchange framework A majority of exit polls Sunday forecast another term for Prime Minister Narendra Modi, with some of them projecting that the BJP-led NDA will get more than 300 seats to comfortably cross the majority mark of 272 in the Lok Sabha. The results of the seven-phase polls will be announced on May 23. Analysts believe the Modi’s BJP retaining power will ensure a continuation in reform measures initiated during the NDA’s first term. Top gainers in the Sensex pack include SBI, IndusInd Bank, Tata Motors, L&T, Yes Bank, HDFC, M&M, Maruti, ONGC, RIL, ICICI Bank and Axis Bank, rising up to 8.64 per cent. Also Read – Afghan Taliban frees 3 Indian hostages in exchange for 11 top militant leaders: Reports On the other hand, Bajaj Auto and Infosys ended in the red. The broader BSE midcap and smallcap indices ended in line with benchmarks, rallying up to 3.57 per cent. “The domestic equity markets witnessed unprecedented and remarkable surge, across all sectors and segments, after the exit polls indicated a higher probability for the current dispensation to come back to power with a clear majority,” said Joseph Thomas, Head Research- Emkay Wealth Management. “What would help the markets sustain the momentum is factors that are fundamentally important, like decisive policy initiatives from the new government, faster land and labour reforms, and also the unfinished task of quick consolidation and re-organisation of the banking system,” he added. Meanwhile, market regulator Sebi and stock exchanges have beefed up their surveillance mechanism to check any manipulative activities in the market this week in view of the high-octane election related events lined up. The Indian rupee also appreciated by 64 paise to 69.59 against the US dollar during the day. Brent crude, the global benchmark, was trading at 72.61 per barrel, higher by 1.40 per cent. Globally, bourses in Asia ended on a mixed note, while those in Europe were trading in the red in their respective early deals.