Gathering of Mortgage Industry Professionals Comes to a Close

first_imgHome / Daily Dose / Gathering of Mortgage Industry Professionals Comes to a Close Share Save Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured Gathering of Mortgage Industry Professionals Comes to a Close  Print This Post As another Five Star Conference has come to a close, the industry reflects upon the opportunities that engagement and learning the previous days have afforded.Insights were delivered during the Five Star Conference Academic Labs, which provided opportunities of edification, as professionals came together to offer solutions for the issues that the industry faces through brainstorming of the brightest minds.These sessions included honest discussion and dialogue, along with opportunities for attendees to ask questions and gain answers that have a meaningful effect on their businesses.On Tuesday, the Foreclosure Lab commenced as industry experts identified advances in technology and process efficiency designed to expertly manage the foreclosure and bankruptcy process.Compliance is a top priority for mortgage industry professionals, and this Academic Lab focused on effective servicing operations as this year brought new changes to both policy and regulatory oversight.It has been a transformational year across mortgage servicing, especially when it comes to the challenges the industry is facing with the aftermath of several recent natural disasters. This Lab brought together mortgage servicing organizations, along with officials from the federal government to discuss implementation, best practices, and adjustments to a continually changing industry.Robert Klein, Founder and Chairman of SecureView and Safeguard Properties said the academic labs provide a continuation of education to discuss these issues. In addition, the recent hurricanes discussed to provide insight into the different challenges the industry faces when recovering.“I was involved years ago hands-on with Hurricane Katrina, which was the first disaster hurricane, one that the industry had never ever experienced anything close to it,” Klein said. “And all these issues came up and we dealt with it, but when it comes to Harvey and Irma, it’s a whole other level.”During the Property Management Lab, policies and procedures mandated by the GSE’s to private investor requirements, the practitioners who ensure that the nation’s communities are maintained must be equipped with an understanding of current practices.On Wednesday, the Investment Lab talked acquisition and disposition opportunities across real-estate, focusing on providing investors with information necessary to make informed decisions that point toward capitalizing on the value found in today’s marketplace.The final lab was the REO Lab, which focused on the current state of today’s market and the challenges for agents, asset managers, investors, and servicing professionals while providing prospective solutions.The opportunity for the mortgage industry as a whole to gather in one place is vital to the continued success and progress of the industry, and could not be accomplished without the dedication of so many committed professionals.The Five Star Institute looks forward to another year of progress, collaboration, and service within the mortgage industry. Demand Propels Home Prices Upward 2 days ago Tagged with: Five Star Conference HOUSING mortgage Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles September 21, 2017 1,205 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: CFPB: Final Ruling on Home Mortgage Disclosure Act Next: Is the CFPB’s Regulatory Power Limited? Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Five Star Conference HOUSING mortgage 2017-09-21 Joey Pizzolato Sign up for DS News Daily About Author: Joey Pizzolato Demand Propels Home Prices Upward 2 days ago Joey Pizzolato is the Online Editor of DS News and MReport. He is a graduate of Spalding University, where he holds a holds an MFA in Writing as well as DePaul University, where he received a B.A. in English. His fiction and nonfiction have been published in a variety of print and online journals and magazines. To contact Pizzolato, email [email protected] Subscribelast_img read more

Book of condolence opens in memory of Cllr Manus Kelly

first_img News, Sport and Obituaries on Monday May 24th Book of condolence opens in memory of Cllr Manus Kelly A book of condolence in memory of the late Cllr Manus Kelly has been opened in Letterkenny.The Cathaoirleach of Donegal County Council Cllr Nicholas Crossan and Mayor of the Letterkenny Municipal District Cllr John O’ Donnell have opened the book to the public in the Letterkenny Public Service Centre, Neil T. Blaney Road.Manus Kelly who passed away tragically during the Donegal International Rally on Sunday,  is being remembered as Donegal’s greatest sportsman and rally driver.His funeral takes place on Thursday in Glenswilly. WhatsApp WhatsApp Homepage BannerNews By News Highland – June 25, 2019 Twitter Google+ Facebook DL Debate – 24/05/21 Arranmore progress and potential flagged as population grows center_img Previous articleVital equipment stolen from Donegal fire service while attending crashNext articleDonegal will open their Super 8s campaign in Ballybofey against winner of Meath v Round 3 Winner News Highland RELATED ARTICLESMORE FROM AUTHOR Pinterest Important message for people attending LUH’s INR clinic Facebook Pinterest Twitter Loganair’s new Derry – Liverpool air service takes off from CODA Google+ Nine til Noon Show – Listen back to Monday’s Programmelast_img read more

Catastrophic hurricane Iota in the Caribbean could become Category 5 storm

first_imgABC NewsBy MAX GOLEMBO, ABC News(NEW YORK) — A powerful cold front fueled by the jet stream moved through the Midwest and the Northeast Sunday and overnight producing winds gusts up to 80 mph and taking power out for at least 750,000 people.The highest wind gust was in Ohio of up to 79 mph and in Cleveland, Hopkins Airport winds gusted to 71 mph which was the strongest wind gust in Cleveland since 2008. In the Northeast, winds gusted to 70 mph in Staten Island and 62 mph in LaGuardia with damage being reported throughout New York City’s tristate area.Winds also gusted close to 70 mph in Rhode Island and Massachusetts with damage reported there as well.On Monday, the cold front is gone but gusty winds in its wake will remain and some gusts Monday could reach near 40 mph.Another thing people will notice behind this cold front is much colder temperatures and the coldest air of the season is expected for the Northeast over the next few days.With gusty winds continuing for the next 48 hours, wind chills will be winter-like.The coldest morning is expected to be Wednesday when it could feel like the upper teens in Boston, near 20 in New York City and in the mid to upper 20s in Philadelphia and Washington, D.C.With the cold air moving over the relatively mild Great Lakes, lake effect snow is expected in western Pennsylvania and New York where locally half a foot of snow is possible over the next 48 hours.Elsewhere, Iota is now a Category 4 hurricane with powerful winds of 145 mph.Iota looks monstrous and it has developed a well-defined eye, something you don’t see very often.The hurricane could strengthen even more Monday and get close to a Category 5 hurricane with winds near 155 mph.Iota is forecast to make landfall in Nicaragua Monday night as a Category 4 or Category 5 hurricane with winds near 155 mph.Don’t forget this is the same area that just got hit over a week ago by deadly floods and mudslides from Eta.Tremendous amounts of rain are forecast once again for hard hit Nicaragua, Honduras and Guatemala over the next few days as rain could add up to 2 to 3 feet high.Copyright © 2020, ABC Audio. All rights reserved.last_img read more

Values of Class A malls down 45% from 2016 levels

first_imgFull Name* Message* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink (iStock/Photo Illustration by Kevin Rebong for The Real Deal)The value of America’s luxury malls is roughly half what it was in 2016, a worrying sign for an industry that has long considered such malls to be safer than lower-tier alternatives.A-rated malls, which generate an average of $750 in sales per square foot, made a strong comeback after the last financial crisis, according to CNBC. But a new report from Green Street estimates that the value of such malls has fallen about 45 percent since 2016 levels.Read moreMall owner keeps growing as some of its properties deteriorateSeven big mall owners in precarious stateSimon completes acquisition of high-end mall owner Taubman Email Address*center_img Share via Shortlink One reason for the decline is the flagging fortunes of department stores, which traditionally brought a lot of customers into malls. More recently, the pandemic led to temporary closures and a shift away from in-person shopping.“A mall is a fragile ecosystem,” Green Street said. “When conditions deteriorate markedly, a mall can enter a ‘death spiral’ — where the lower sales productivity leads to falling occupancy, which results in fewer visitors attracted to a diminishing group of retailers, which continues the cycle of decreasing sales and occupancy.”“This vicious cycle can continue until the mall becomes obsolete.”CNBC noted that shares in the country’s biggest mall owner, Simon Property Group, fell 32 percent last year. The company owns a large number of the country’s roughly 1,000 Class A malls.However, Green Street reserved its biggest concerns for B- and C-rated malls, which it predicted will need to be repurposed in the next few years.[CNBC] — Sylvia Varnham O’ReganContact Sylvia Varnham O’Regan TagsmallsRetailsimon property grouplast_img read more

Egdon and partners secure planning consent for Wressle oilfield in UK

first_img Egdon to work on detailed planning for the development works at Wressle oilfield in the UK. (Credit: Pixabay/skeeze) Egdon Resources and its partners have finally secured planning consent from the UK Planning Inspectorate for the development of the Wressle oilfield in the UK.The move follows appeal by Egdon Resources in 2019 with the Planning Inspectorate following the disapproval of its plan of development (POD) of the Wressle oil field by North Lincolnshire Council’s (NLC) planning committee in 2018.The Wressle Oil Field is located at Lodge Farm to the north of the Wressle hamlet in North Lincolnshire, near Scunthorpe, in England, and in North Lincolnshire licences PEDL180 and PEDL182.Additionally, the Inspector also allowed the application for an award of costs against North Lincolnshire Council.Egdon Resources managing director Mark Abbott said: “I am delighted that the Planning Inspectorate has made this positive determination in relation to this important asset for Egdon and our JV partners.“We will now begin work on discharging the planning conditions and the detailed planning for the development works. We will continue to keep shareholders and the local community informed.”In January 2019, onshore oil and gas producer said that the Planning Inspector upheld its appeal of the extension of existing planning consent to 24 January 2020.Egdon submitted revised development plan for Wressle oilfield in 2018The onshore oil and gas producer submitted its revised development plan of the onshore oil field to the NLC in July 2018 following the rejection of the original plan submitted in 2016.Egdon Resources at that time said that the revised application addresses the reasons that led to the rejection of the onshore oil field’s original planning applications and also the subsequent appeals.Drilled in 2014 and tested in 2015, the Wressle-1 well has flowed oil and gas from three separate reservoirs, the Ashover Grit, the Wingfield Flags and the Penistone Flags.Egdon Resources owns and operates the PEDL180 and PEDL182 with 30% stake while other partners include Union Jack with 27.5% interest, Europa Oil & Gas with 30% stake and Humber Oil & Gas holding the remaining 12.5% interest. The UK’s Planning Inspectorate also allowed the application for an award of costs against North Lincolnshire Councillast_img read more

Instructor – Management, Leadership, Supervision

first_imgRequirements: Job Description:The Center for Workforce Development is seeking an instructor toassist with a Corporate Training pilot in the Hotel andAccommodations Industry. The instructor will participate in thereview and development of curriculum to upskill Housekeepers toHousekeeping Inspectors. The instructor will work with the collegeand the business to develop and deliver training in the areas ofManagement, Leadership and Supervision. The business will provideinstruction in all matters related to housekeeping. It isanticipated that if the pilot is successful the training will beoffered throughout the hotel chain. Application Instructions:Please attach a cover letter, resume, and the names of 3references. 3-5 Years Experience providing Management, Leadership andSupervision training at the corporate or college level.Prior experience working with corporate partners a plus.center_img About Roxbury Community College:Center for Workforce Development at Roxbury Community Collegeprovides Corporate Training, Professional Education and Life-LongLearning to businesses, students and community members. RoxburyCommunity College located in Roxbury MA is part of a State-widesystem of Community Colleges providing higher education andworkforce development programs to local communities across thestate. Additional Information:The Jeanne Clery Disclosure of Campus Security Policy and CrimeStatistics Act requires all institutes of higher education todisclose campus policy statements and crime statistics. Our annualreport is available at www.rcc.mass.edu/clery .Appointment is subject to SORI (Sexual Offense RegistryInformation) background check, and a publicly accessibleMassachusetts CORI (Criminal Offense Registry Information)background check.Roxbury Community College is an affirmative action/equalopportunity employer and does not discriminate on the basis ofrace, color, national origin, sex, disability, religion, age,veteran status, genetic information, gender identity or sexualorientation in its programs and activities as required by Title IXof the Educational Amendments of 1972, the Americans withDisabilities Act of 1990, Section 504 of the Rehabilitation Act of1973, Title VII of the Civil Rights Act of 1964, and otherapplicable statutes and college policies. The College prohibitssexual harassment including sexual violence. Inquiries orcomplaints concerning discrimination, harassment, retaliation, orsexual violence shall be referred to the College’s AffirmativeAction Officer/Title IX Coordinator, the Equal EmploymentOpportunities Commission or the United States Department ofEducation’s Office for Civil Rights.last_img read more

News story: Campsfield House immigration removal centre to close

first_imgToday, the Home Office has announced that Campsfield House immigration removal centre will close by May 2019, when the current management contract with Mitie Care and Custody ends.The closure of the 282 bed centre is part of Home Secretary Sajid Javid’s commitment to cut the number of people detained at any given time and improve the welfare of detainees. These reforms were announced in response to Stephen Shaw’s review into welfare of vulnerable people in detention.By next summer, the Home Office will aim to reduce the immigration detention estate by almost 40% since 2015.Immigration Minister, Caroline Nokes said: In response to Stephen Shaw’s second review of the government’s approach to vulnerable people in immigration detention, the Home Office committed to working with charities, faith groups, communities and other stakeholders to develop alternatives to detention, strengthening support for vulnerable detainees and increasing transparency.In addition, reforms have already led to a reduction in the number of occupants per room, and will improve facilities in immigration removal centres, including piloting the use of Skype and reviewing the training and support for staff in immigration removal centres.In 2015, Centres in Dover and Haslar closed and the Verne Immigration Removal Centre in Dorset closed in January 2018. There are no current plans for further immigration removal centre closures. However, as the Home Office progresses with reforms outlined in the response to Stephen Shaw’s second review, the use of immigration detention and the implications for the detention estate as a whole, will be kept under review. I am grateful to all the staff who’ve worked at Campsfield over the years for their commitment and professionalism. Now is the right time to modernise and rationalise the detention estate. We are committed to ensuring we have a fair and humane immigration system that provides control, and detention must only be used when we are confident no other approaches will work.last_img read more

Bottom Up.

first_imgResearchers have found that with greenhouse plants, applyingpesticides to the bottom, not the top, works better and saveslabor costs, too.A University of Georgia study compared using subirrigationto apply pesticides in commercial greenhouses to putting pesticideson the potting soil surface. Subirrigation, also known as ebb-and-flow,is widely used in Europe.”It’s a closed system where the growing area is floodedwith water or fertilizer from a holding tank,” said Marcvan Iersel, a horticulturist with the UGA College of Agriculturaland Environmental Sciences.”After the potting medium absorbs the water,” hesaid, “the flow reverses and the water flows back into theholding tank.”This system is known to work well for applying fertilizers.But there had been no research into whether it would work forapplying pesticides.The Pesticide Becomes Part of the Plant”We used systemic pesticides for the study,” VanIersel said, “as they are much more effective for much longerthan spray pesticides. Plants take up the systemic pesticides,and when insects feed on the plants, they feed on the pesticide.”For the study, Van Iersel and CAES entomologist Ron Oettingused poinsettia plants that were infested with whiteflies. Whitefliesare major pests of poinsettias, pansies, petunias and many othergreenhouse plants.The pesticide used for the study was imidacloprid, the activeingredient in Marathon.”This pesticide is traditionally applied to the surfaceof the potting medium, either as a drench or as granules,”he said. “The water carries the pesticide down into the pot.Using subirrigation, the pesticide is delivered from the bottom… by capillary action to the surface of the potting medium.”The scientists found subirrigation much better at maintainingthe pesticide levels in the plants. Nine weeks after the application,the hand-watered plants showed far lower pesticide concentrationsthan the subirrigated plants.It Kills Adult and Immature Insects”This suggests the pesticide is leached from the pottingmedium with repeated hand-watering,” Van Iersel said. “Withsubirrigation, the pesticide isn’t leached from the pots and remainsavailable to the plants for much longer.”Subirrigation also proved better at killing both adult andimmature insects. Killing immature insects is an essential partof a control program, Van Iersel said.”Preventing reproduction is much more important than justcontrolling the adult insects,” he said. “After all,a few adults won’t cause much damage. But if they reproduce rapidly,populations can quickly build up where they can be a serious problem.”Van Iersel says the bottom line is to apply the pesticidesthe same way you water the plant.Besides being an effective way to apply pesticides, subirrigationis also a huge labor-saver.Kills Pests and Saves Time”Normally, a greenhouse worker would have to apply 2 ouncesof pesticide to each plant,” Van Iersel said. “Usingsubirrigation, you just mix up the pesticides and apply them allat one time.”With subirrigation, the pesticides are always contained, whichcuts down on the amount of pesticide runoff from greenhouses.”When applying pesticides from the top of the plant, anytimeyou overwater, the pesticides leak out onto the ground,”he said.Subirrigation is becoming more prevalent in greenhouses inthe northern United States and Canada. But so far, few greenhousegrowers in Georgia have installed the system.”In Georgia, everyone is waiting for their neighbor todo it first,” Van Iersel said. Subirrigation costs about$7 per square foot to install.”It’s expensive initially,” he said. “But growerscan earn back the cost in labor savings in just a few years.”As a result of this research, Olympic Horticultural Products,manufacturers of Marathon, now lists subirrigation as a legalmethod of applying their product to greenhouse plants.last_img read more

Santos Calls On Colombian Guerrillas to Lay Down Their Arms and Demobilize

first_imgBy Dialogo September 20, 2011 Colombian President Juan Manuel Santos warned the FARC guerrilla group that it will not achieve any objectives by force of arms, and he repeated his call to the group’s members to renounce terrorism and demobilize. “Demobilize, lay down your arms, renounce violence, renounce terrorism, and we’ll be ready and waiting to give you an opportunity in civilian life,” Santos indicated in a symbolic visit to the town of Planadas (in central Colombia), where the FARC was born 47 years ago. Speaking to an audience of the inhabitants of the former redoubt of Colombia’s most significant rebel group, the president warned that “by force of arms, they’re going to achieve absolutely nothing, just as they haven’t achieved anything in 47 years.” “We’re here where the FARC was born in order to tell them: on that path, the only thing you’re going to find is death or a jail,” Santos declared. The Colombian president subsequently emphasized that Government forces are increasingly better prepared to confront the insurgents and recalled that “we’ve got almost 2,000 captured and nearly 500 (FARC members) as casualties.” “In total, 4,500 FARC members have been neutralized in the last year,” Santos affirmed, including deserters in that figure, after noting that desperation has forced the guerrilla group’s members to recruit minors. This desperation, he specified, “has forced them to recruit by force the children of many families, who have nothing but hatred for the FARC today, because they took away their children by force. That has no future,” he added. The president spoke at a time in which the Revolutionary Armed Forces of Colombia (FARC), with around 8,000 men under arms according to official sources, is conducting a military offensive in various regions of the country. According to the authorities, this offensive has the objective of demonstrating the group’s presence with a view to the regional elections that will be held in Colombia on October 30, when Colombians will elect departmental governors, mayors and municipal councilors, legislators, and local commissioners.last_img read more

6 reasons The Foundation is joining the blogging world

first_imgWelcome to the National Credit Union Foundation’s new blog! We are so excited about the launch of our blog and the opportunity it presents to further connect with credit union organizations.So why all of a sudden launch a blog you ask?  Well, here are six major reasons to better explain the creation of this blog:To share all the amazing initiatives, programs, and resources that we offer for credit unions to benefit their members in a new way.Give our followers a “behind the scenes” look at our major events, such as our annual Wegner Dinner, DE training and much more!To get to know our staff on a more personal level, and learn more about their role at the Foundation and in the larger picture of the credit union movement. continue reading » 12SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more