Aiico Insurance Plc (AIICO.ng) 2010 Annual Report

first_imgAiico Insurance Plc (AIICO.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2010 annual report.For more information about Aiico Insurance Plc (AIICO.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Aiico Insurance Plc (AIICO.ng) company page on AfricanFinancials.Document: Aiico Insurance Plc (AIICO.ng)  2010 annual report.Company ProfileAiico Insurance Plc is a leading insurance company in Nigeria offering life assurance and annuity, general insurance and special risk, pension management, health insurance and asset management. The company is the second-largest insurance company in Nigeria by gross premiums and has a diversified client base which includes corporations, financial institutions, governments and individuals. Life insurance products include an annuity plan, corporate savings plan, education, flexible endowment plan, group life insurance plan, income investment plan, life celebration plan, mortgage protection plan, term assurance and three payment plant. Aiico Insurance Plc has a controlling stake in Multishield Plc and a minority stake in Healthcare International Plc and Aiico Capital Plc. The company’s head office is in Lagos, Nigeria. Aiico Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

CFC Stanbic Holdings Limited (CFC.ke) 2019 Annual Report

first_imgCFC Stanbic Holdings Limited (SBIC.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2019 annual report.For more information about CFC Stanbic Holdings Limited (SBIC.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the CFC Stanbic Holdings Limited (SBIC.ke) company page on AfricanFinancials.Document: CFC Stanbic Holdings Limited (SBIC.ke)  2019 annual report.Company ProfileCFC Stanbic Holdings Limited is a financial service, insurance agency and stock broking company in Kenya offering products and services to the personal, commercial, corporate and investment banking sectors. The company also has division servicing clients in the Republic of South Sudan. Its corporate and investment banking division services range from transactional banking, debt securities and equity trading to project, structured and trade financing. Its personal and commercial banking division offers services ranging from The Corporate and Investment Banking segment offers foreign exchange, and debt securities and equities trading services; transactional banking and investor services; investment banking services, such as project finance, advisory, structured finance, structured trade finance, corporate lending, primary markets, and property finance services; and wealth management and advisory services to larger corporates, financial institutions, and international counterparties. The Personal and Business Banking segment provides residential accommodation loans to individual customers; installment sales and finance leases, including installment finance in the consumer vehicles market, and vehicles and equipment finance in the business market; and card facilities to individuals and businesses. This segment also offers transactional and lending products comprising deposit taking, electronic banking, cheque accounts, and other lending products associated with the various points of contact channels, such as ATMs, Internet, and branches. The company was formerly known as CfC Stanbic Holdings Limited and changed its name to Stanbic Holdings Plc in October 2016. The company is based in Nairobi, Kenya. Stanbic Holdings Plc is a subsidiary of Stanbic Africa Holdings Limited. CFC Stanbic Holdings Limited is listed on the Nairobi Securities Exchangelast_img read more

UK Fundraising’s next e-mail newsletter is out tomorrow

first_imgSubscribe today to make sure you receive tomorrow’s edition.  13 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 10 October 2004 | News UK Fundraising’s next e-mail newsletter is out tomorrow AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: Digital The next free fortnightly e-mail newsletter from UK Fundraising will be published tomorrow. If you don’t have time to explore the site every day, this is the perfect way of keeping up to date with all the new additions to the site.UK Fundraising News is sent to 8,960 subscribers, and we expect to reach the 9,000 mark later this week.Each issue lists and links to the news items added to the site in the past fortnightly, together with all current job vacancies, and recent discussions on the Forum. You can unsubscribe at any time. There is no charge to receive the newsletter, which is available in both plain text and HTML formats. Advertisementlast_img read more

A quarter of female fundraisers experience sexual harassment, says AFP survey

first_imgMain image by Brooke Cagle on Unsplash  159 total views,  1 views today Howard Lake | 11 April 2018 | News SEE ALSO: My experience of being a woman in the charity sector by Beth Upton (14 July 2017) Harassment by donorsAccording to the survey, 65% of harassment cases reported were carried out by a donor against a fundraiser. In 96% of these cases the perpetrator was male.27% of respondents felt that donors had more rights than they did. In addition, 13% clearly felt a serious lack of support from their charity employer, believing that their organisation accords a greater value to the loyalty of the donors than to the safety of it staff! About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Support from an employerWhat kind of support have fundraisers received from their employers?• 71% of respondents who had experienced sexual harassment and told their organisation said that no action had been taken against the perpetrator.• 53% were not very or not at all satisfied with how their manager, supervisor or employer had responded to the allegation of sexual harassment• 35% of respondents report a “negative impact” on their career due to reporting the incident of harassment. A survey by the North American Association for Fundraising Professionals (AFP) has found that a quarter of female fundraisers have experienced sexual harassment during their fundraising career.The survey, “the first comprehensive study of its kind about sexual harassment in the fundraising profession”, was conducted by AFP, the AFP Foundation for Philanthropy and The Chronicle of Philanthropy. It was conducted online independently by the Harris Poll.The survey, launched on International Women’s Day 2018, is the first major project of the Women’s Impact Initiative. This is a two-year campaign focusing on issues related to women in the fundraising profession, including harassment, salary inequity and lack of women in fundraising leadership positions. Harassment• 48% of respondents had either personally experienced, witnessed, and/or heard second-hand about incidents of sexual harassment.• 21% of all respondents to the survey (men and women) had personally experienced harassment• 16% of all respondents had witnessed harassment• 26% have been told about incidents of harassment• 7% of men had experienced sexual harassment in the fundraising profession• 74% of all respondents reported having had at least two harassment experiences• 51% of all respondents have had three or more experiences of harassment Types of harassmentThe most common types of sexual harassment experienced by fundraisers were:• inappropriate sexual comments (80%)• unwanted touching or physical contact (55%). Tagged with: equality harassment Research / statisticscenter_img A quarter of female fundraisers experience sexual harassment, says AFP survey Mike Geiger, MBA, CPA, president and CEO of AFP, said: “The number of cases involving donors is eye-opening and points to a unique and very troubling situation within the profession… We know most donors have only the best interest of the cause at heart, but our message will be clear: no donation and no donor is worth taking away an individual’s respect and self-worth and turning a blind eye to harassment.”Tycely Williams, chair of AFP’s Women’s Impact Initiative, added: “A big takeaway from the survey is that many fundraisers like their organisations and believe it will support them if harassment occurs. But at the same time, the data shows that once harassment was reported, often times very little was done. We need to begin a larger conversation with everyone in the sector about what we can all do to not only prevent harassment, but respond appropriately and timely when it does occur.”  160 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis15 Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis15 SEE ALSO: Unacceptable behaviour by donors, condoned by charities. Things must change by Giles Pegram CBE #MeToo in fundraising?Many respondents were optimistic that positive change was being made in terms of challenging sexual harassment within fundraising.For example:• 92% believe that sexual harassment allegations in fundraising are more likely to be taken seriously now than in the past.• 82% felt that the #MeToo movement was having a positive influence on their workplace.• 93% want a zero tolerance policy to be implemented in every workplace, with 70% feeling very strongly that this should be the standard.WATCH: Ensuring diversity is a key theme at Fundraising Convention 2018Sufina Ahmad, chair of the Institute of Fundraising’s Equality, Diversity and Inclusion panel, explains why diversity will be a key theme at the 2018 Fundraising Convention.last_img read more

Protests grow stronger, stop traffic across country

first_imgDemonstrations expressing outrage over the police killings of Michael Brown and Eric Garner took place over the Dec. 6-7 weekend and into Dec. 9. The most frequent chants at most protests were “Black lives matter” and “I can’t breathe.”At the University of California, Berkeley, on Dec. 4, the California Black Student Union held a four-and-a-half-hour occupation of the Golden Bear Café, directly across from the Sproul Hall Administration building on campus. Police had shut down Sproul Hall, the original site of the BSU rally, presumably to prevent its occupation. Elaine Brown, former chair of the Black Panther Party, was one of the many speakers to address the hundreds who joined the rally.On Dec. 6, the 50th anniversary of the Berkeley Free Speech Movement, cops made several arrests, shot tear gas and even rubber bullets into the crowd. On Dec. 6 and 7, demonstrators started at the campus gates and zig-zagged through the streets, demanding “Shut it down for Michael Brown” and all Black and Brown youth who have been targeted and killed by the police. Each time the police tried to stop the large swell of protesters, the crowd took off in another direction.As in other cities, chants have gone in two weeks from “Hands up, don’t shoot!” to “Fists up, fight back!” Onlookers and even drivers caught in traffic were overwhelmingly supportive, honking horns in time with the chants. One driver even turned around and drove along with the march.On Dec. 7, an even larger crowd of younger people took to the streets, yelling, “Indict, convict, send killer cops to jail; the whole damn system is guilty as hell!” Blocked from the police station, demonstrators headed to City Hall where they held a rally on the building steps. After the crowd grew to about 3,000, they marched from Berkeley to Oakland to stop traffic on the 580 Freeway.Police again used tear gas and force to stop the protesters from taking over the freeway ramps. Groups of demonstrators supported each other getting on and off the freeways.More demonstrations are being planned in the coming days.  Young people throughout the Bay Area have made it clear that “Black and Brown lives matter,” and there will not be any peace until there is justice for African-American and Latino/a communities.In nearby Oakland, Calif., militant, largely youthful crowds, predominantly white, but often led by youth of color, angrily marched through the streets all week, usually starting downtown at Oscar Grant Plaza. On Dec. 5, after leaving the area around police headquarters, they marched onto the I-880 off ramp at Market and 6th Street, where they shut down freeway traffic in both directions for at least half an hour. They then marched to the West Oakland Bay Area Rapid Transit stop, where the BART police hastily stopped them by dropping heavy metal gates, shutting the station and related trans-bay traffic for at least half an hour.Demonstrators in Buffalo, N.Y., took to the streets all over town on Dec. 4 and 5 after the Garner decision. They blocked intersections where they dropped to the ground and observed four-and-a-half minutes of silence in memory of Mike Brown.  Students from Buffalo State and the University at Buffalo organized together for a march that took the streets, and other marches, rallies and die-ins drew increasingly large crowds.On Dec. 4, the cops cut off traffic once the streets had been shut down by protests, but the next day cops blocked off dozens of streets all around the planned protest site long in advance of the demonstration, refusing access to cars and cutting off marchers. Hundreds of protesters flooded the high-traffic shopping area with signs, banners and chants demanding justice.Over 500 people rallied and marched in Amityville, Long Island, N.Y., a working-class Black, Latino and white village. The multinational crowd listened to young activists in a Long Island Railroad parking lot. Speakers recounted the long history of police murders of young African-American men. One  speaker from the Latin American community said that the uprising in Mexico against the murders and disappearances of the 43 students at Ayotzinapa and this resistance to the grand jury exoneration of the police murders of Michael Brown and Eric Garner are responses to the same pattern of violence and that people were united in the same struggle.The demonstrators shut down the main thoroughfare of Suffolk County, Sunrise Highway. Some carried signs calling for justice for 20-year-old Kyle Howell, a young Black man from Westbury who was brutally beaten by three Nassau County Police at a traffic stop last April. Howell had been charged with assault, but the incident was caught on camera and a judge dismissed the charges against him. Howell’s family is now suing the Nassau County Police Department.Marchers honored Sean Bell by counting to 50, the number of bullets New York City Police shot into the young, unarmed Black man who was celebrating at his bachelor party in 2006.As the voices of the marchers roused people from their houses, one woman called out a chant that the crowd picked up, “Get off your couches and into the streets! Get off your couches and into the streets!”In Boston, nearly 10,000 protesters organized by Black Lives Matter marched on the State Capitol after disrupting Mayor Marty Walsh’s Christmas tree lighting on Boston Common on Dec. 4. They then moved to the steps of the State House, where several were arrested, including march organizers, who were pinned to the ground and verbally assaulted by state police. The throng then broke into several separate marches. One group marched on the JFK Federal Building in Government Center, while another swarmed onto an onramp to Interstate 93, blocking the entrance. All the while people never stopped chanting, “I can’t breathe, I can’t breathe” and “Black lives matter!”The next day, another march of 500, mainly students, gathered in Somerville, marched two miles through Cambridge and all the way to the entrance to the Massachusetts Avenue bridge which connects Boston to Cambridge, blocking it for a short time.Traffic after the National Football League’s Philadelphia/Seattle game on Dec. 7 was disrupted by a die-in in the middle of a main intersection outside the Philadelphia stadium. POWER (Philadelphians Organized to Witness Empower and Rebuild) organizers first called on various religious leaders to speak during a half-hour rally before calling the crowd into the streets. There hundreds of participants lay down on the cold asphalt for four-and-a-half minutes to protest police brutality and the court system that allows such actions to go unpunished.Demonstrations and die-ins are popping up in Atlanta on short notice with at least four taking place on Dec. 6, including a pre-announced noon march and rally in suburban Marietta and a die-in on the 17th Street bridge over Interstate 75/85 in the afternoon. There was a banner drop at a Southeastern Conference football game.On Dec. 7, high-school youth initiated and held a die-in in front of Macy’s in the Lenox Mall. Dozens of people, chanting “Black lives matter” and “I can’t breathe,” lay down on the floor of the crowded mall. Youth are planning similar actions.Ebenezer Baptist Church hosted another community speak-out the evening of Dec. 8. The one last week featured Eric Holder, several other elected officials and civil rights figures who took up most of the time. The Malcolm X Grassroots Movement has called for a Peoples Assembly on police terror in January.In Milwaukee and Madison, Wis., on Dec. 6, cops arrested 14 protesters from Occupy The Hood, among others, including three visitors from Ferguson, Mo., while attempting to block Interstate 794 in Milwaukee. On Dec. 4, the Coalition For Justice sponsored a speak-out to demand justice for Dontre Hamilton at the Milwaukee Fire and Police Commission meeting. To sign a petition to demand justice for Dontre Hamilton, go to tinyurl.com/olskkh4.Anti-racist murder demonstrations have been held in Seattle every day since the Brown and Garner decisions. On Dec. 6, more than 3,000 people marched, starting from Garfield High School in the Black community and organized and led by Black students. Protesters marched downtown to the so-called “Justice Center,” that is, police headquarters, holding rallies at three main intersections along the way. Several people were arrested trying to lead the protest onto the Alaskan Way Viaduct.Terri Kay, Gil Ross, Judy Greenspan, Ellie Dorritie, Heather Cottin, Gerry Scoppettuolo, Joe Piette, Dianne Mathiowetz, Wisconsin WW Bureau, and Jim McMahan reported. John Catalinotto edited.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

“Unanimous” G7 support for RSF’s Information and Democracy Initiative

first_imgFrench President Emmanuel Macron presented the Information and Democracy Initiative to his G7 counterparts at today’s session and urged them to join it.Referring to it during his final press conference, President Macron said: “We formally agreed on unanimous support for the Partnership on Information and Democracy, which, as you know, is an extremely important initiative launched by Reporters Without Borders with many partners and which was presented at the first Paris Peace forum last November. A great deal of work was done with the economic partners and the governments that were there, it was endorsed, and there will be a formal signing on the sidelines of the United Nations General Assembly in September.”The first step in RSF’s initiative was the creation of an Information and Democracy Commission that met for the first time in Paris on 11 September 2018 and issued an International Declaration on Information and Democracy on 5 November. This declaration is serving as the basis of an international political process leading to adoption of the inter-governmental partnership, expected to take place during the next UN General Assembly.“We are delighted that the initiative we launched less than a year ago has been presented to the leaders attending the G7 summit in Biarritz,” RSF secretary-general Christophe Deloire said. “I would like to thank the members of the Information and Democracy Commission, who enabled this big step forward for freedom of opinion and expression.“The Declaration on Information and Democracy published last November proclaims basic principles for the global online information and communication space with the aim of encouraging freely reported and trustworthy news and information. We know that not all of the world’s leaders share this ideal, but that’s an additional reason for promoting this initiative internationally, an initiative that will soon make it possible to implement concrete guarantees.”A civil society initiativeThe G7’s backing follows the undertaking given at last November’s Paris Peace Forum, when the Information and Democracy Initiative received backing from the leaders of 12 democracies (Burkina Faso, Canada, Costa Rica, Denmark, France, Latvia, Lebanon, Lithuania, Norway, Senegal, Switzerland and Tunisia), and from UN secretary-general Antonio Guterres, UNESCO director-general Audrey Azoulay and Council of Europe secretary general Thorbjørn Jagland.The 12 heads of state and government undertook to launch a political process on the basis of the principles proclaimed by the Information and Democracy Commission that had been created by RSF.Consisting of 25 prominent figures from 18 countries, including Nobel laureates, renowned journalists, new technology specialists, jurists and former leaders of international organizations, the Information and Democracy Commission is co-chaired by RSF’s Deloire and Nobel peace laureate Shirin Ebadi. Help by sharing this information RSF_en Condemning abusesReports and statisticsProtecting journalistsOnline freedomsMedia independenceInternational bodiesEvents InternetFreedom of expression The leaders of the G7 nations discussed the “Partnership on Information and Democracy” at a G7 summit session on digital issues in the French city of Biarritz today. Based on an initiative that Reporters Without Borders (RSF) launched in September 2018, this inter-governmental partnership is due to be signed by 20 countries during the next UN General Assembly in September. Organisation Condemning abusesReports and statisticsProtecting journalistsOnline freedomsMedia independenceInternational bodiesEvents InternetFreedom of expression News August 26, 2019 “Unanimous” G7 support for RSF’s Information and Democracy Initiativelast_img read more

Limerick TD urges Government to review Food Wise 2025 strategy post…

first_imgLimerick’s National Camogie League double header to be streamed live Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Predictions on the future of learning discussed at Limerick Lifelong Learning Festival WhatsApp Facebook Twitter Email Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” NewsLimerick TD urges Government to review Food Wise 2025 strategy post BrexitBy Staff Reporter – November 15, 2016 581 Previous articleHackathon to examine flooding solutionsNext articleHubert Butler: Witness to the Future Staff Reporterhttp://www.limerickpost.ie center_img Limerick TD Niall Collins has called on Government to review its Food Wise 2025 strategyA REFUSAL to review Food Wise 2025 by Government following the Brexit vote is absurd according to local Fianna Fail TD, Niall Collins.Food Wise 2025 is the report of the 2025 Agri Food Strategy Committee, which sets out a cohesive, strategic plan for the development of agri-food sector over the next decade.As part of the strategy, the Committee has identified opportunities that will arise as a result of population growth and greater access to international markets.Sign up for the weekly Limerick Post newsletter Sign Up However, in the wake of the UK’s decision to leave the EU, Government’s refusal to initiate a review of the strategy has been called absurd by Deputy Collins as the flux in the international marketplace created by Brexit has not been strategically addressed, he said.The Brexit vote demands an immediate review of the Food Wise 2025 strategy, Deputy Collins has argued.“As it stands the targets in the strategy were forecast on the assumption that the UK remains within the European Union.“A UK exit from the EU represents one of the biggest risks to the Irish agri-food industry since the foundation of the State. Thousands of jobs are set to be impacted by the UK’s decision to leave the EU and it’s important that our strategy for developing the industry takes account of this.Deputy Collins said that his party has been calling on Minister for Agriculture Michael Creed to launch a comprehensive review of Food Wise 2025 to consider the new threats that have arisen following the Brexit vote. “Astonishingly the Minister has refused to carry out such a review stating that there is ‘no compelling reason at this point to review the strategy’.This is an alarming response and indicates that the Government is out of touch when it comes to the threat posed by Brexit.“The UK is Ireland’s number one agri-food export destination. Over 50 per cent of beef exports and 33 per cent of dairy exports are currently destined for the UK. The outcome of the Brexit vote will cause serious disruption to Irish exporters.Deputy Collins said that the ERSI has predicted up to a 5 per cent drop in some markets.“The first wave of job losses has already occurred in the horticulture sector due to the collapse in the value of sterling. The threat from Brexit is stark and real, and it is already having an impact on the agri-food sector. It is vital that Minister Creed reconsiders his position by initiating a comprehensive view of Food Wise 2025 to take into account the threats associated with Brexit.” Print Linkedin Advertisement RELATED ARTICLESMORE FROM AUTHOR WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Limerick Ladies National Football League opener to be streamed live TAGSBrexitFianna FáilFood Wise 2025limerickniall collins last_img read more

Can Homebuyers Get Better Government Loan Modifications?

first_img  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Can Homebuyers Get Better Government Loan Modifications? Demand Propels Home Prices Upward 2 days ago Can Homebuyers Get Better Government Loan Modifications? Share Save The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: California Mudslides Claim 17 Lives, Destroy 100 Homes Next: HUD’s Carson: ‘We Know How to End Homelessness’ Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago January 11, 2018 1,864 Views A report titled Government Loan Modifications: What Happens When Interest Rates Rise?, released by the Urban Institute’s Housing Finance Policy Center (HPFC) is the second in a series of three briefs being published by the HPFC in association with the Mortgage Servicing Collaborative (MSC). The report examined the government loan modification products insured by the Federal Housing Administration (FHA), Department of Veteran Affairs (VA), or the US Department of Agriculture (USDA). It also explored how FHA, VA, and USDA borrowers who fall behind on their payments are unlikely to receive adequate payment relief when the market interest rate is higher than the original note rate.The report, covered a spectrum of topics such as the current loan modification suite for government mortgage loans; why government loan modifications do not serve borrowers when interest rates rise; potential solutions and recommendations for expanding the loss mitigation toolkit; and likely barriers to implementation and how best to overcome them.In its introduction, the report explained how government loan modifications in a rising rate environment made providing payment reduction more expensive and challenging, which in turn made it more difficult to cure delinquency resulting in more re-defaults and foreclosures, larger losses for government insurers, and greater distress for borrowers, communities, and neighborhoods. Additionally, the report noted that most government mortgage borrowers were first-time homebuyers and minorities, who usually had limited incomes and savings, making loan modifications all the more important.Arguing that with some changes to loan modification options at the FHA, VA, and USDA current and future delinquent borrowers could be better served in a high rate environment, the report recommended options such as modifying mortgages within the pool to eliminate re-pooling for FHA and USDA, and principal forbearance for the FHA, VA and USDA, which could increase payment relief.The report noted that these options would produce the largest payment reduction at the lowest cost, while the amount of payment relief could be increased by offering borrowers a Mortgage Insurance Premium reduction.To read the complete report click here. Tagged with: Borrowers Buyers default Delinquency FHA Foreclosures government loans loans mortgage USDA VA in Daily Dose, Featured, Government, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Borrowers Buyers default Delinquency FHA Foreclosures government loans loans mortgage USDA VA 2018-01-11 Staff Writer Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days agolast_img read more

Predicting Homeowner Delinquency Risk

first_img Demand Propels Home Prices Upward 2 days ago Delinquency mortgage 2020-05-20 Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Delinquency mortgage Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Predicting Homeowner Delinquency Risk The Best Markets For Residential Property Investors 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. Previous: OCC Finalizes Community Reinvestment Act Rule Changes Next: Do Forbearance Applicants Need Forbearance? May 20, 2020 1,709 Views About Author: Seth Welborn Related Articlescenter_img Home / Daily Dose / Predicting Homeowner Delinquency Risk The Best Markets For Residential Property Investors 2 days ago  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily February marked the 26th consecutive month of falling annual overall delinquency rates, according to CoreLogic. However, as the coronavirus (COVID-19) pandemic continues to impact the economy, and claims for unemployment insurance reach record highs, homeowners are at an increased risk of becoming delinquent in the coming months. The nation’s overall delinquency rate was the lowest for a February in at least 20 years. In that month, 3.6% of mortgages were delinquent by at least 30 days or more including those in foreclosure. This represents a 0.4% decline in the overall delinquency rate compared with February 2019.”Delinquency and foreclosure rates were at a generational low in February as the U.S. unemployment rate matched a 50-year low,” said Frank Nothaft, Chief Economist for CoreLogic. “However, the pandemic-induced closure of nonessential businesses caused the April unemployment rate to spike to its highest level in 80 years and will lead to a rise in delinquency and foreclosure. By the second half of 2021, we estimate a four-fold increase in the serious delinquency rate, barring additional policy efforts to assist borrowers in financial distress.”In February, for the fifth consecutive month, no states posted a year-over-year increase in the overall delinquency rate, and Mississippi and Maine (both down 0.9 percentage points) recorded the largest declines. Only four metropolitan areas recorded small increases in overall delinquency rates and eight recorded increases in serious delinquency rates.“After a long period of decline, we are likely to see steady waves of delinquencies throughout the rest of 2020 and into 2021,” said Frank Martell, President and CEO of CoreLogic. “The pandemic and its impact on national employment is unfolding on a scale and at a speed never before experienced and without historical precedent. The next six months will provide important clues on whether public and private sector countermeasures—current and future—will soften the blow and help us avoid the protracted, widespread foreclosures and delinquencies experienced in the Great Recession.”The share of mortgages that transitioned from current to 30-days past due was 0.9% in February 2020, down from 1% in February 2019. By comparison, in January 2007, just before the start of the financial crisis, the current-to-30-day transition rate was 1.2% and peaked in November 2008 at 2%. Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Market Studies, News Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribelast_img read more

Donegal football fans shut out from their accommodation in Poland

first_img Three factors driving Donegal housing market – Robinson LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Almost 10,000 appointments cancelled in Saolta Hospital Group this week Facebook By News Highland – June 10, 2012 Google+ Pinterest WhatsApp A Group of Donegal fans are amongst an estimatated 100 Irish soccer fans who were left without accommodation in Poland last night after they were refused entry to the campsite they had booked and paid for.Some Irish fans have been left forced to find alternative accommodation after a campsite in Poznan closedThe company which organised their accommodation said that it was making alternative arrangements for the fans.In a statement it blamed the closure of the site on a media campaign against it and what it described as “hostile treatment from the authorities”.Amongst those affected were four fans from Co Donegal and two from Co Meath, who had to sleep on a concrete floor in a building at an industrial estate last night.Before leaving Ireland, the fans had made their payments of €2,400 to the campsite operator using booking.com.Booking.com said it was working with Hotelioni to refund customers left without accommodation. Guidelines for reopening of hospitality sector published Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Twittercenter_img Donegal football fans shut out from their accommodation in Poland Previous articleDeutsche Bank figures show the high level of vacant property in DonegalNext articleLarge amount of vacant property in Donegal – Report News Highland Pinterest Newsx Adverts RELATED ARTICLESMORE FROM AUTHOR Calls for maternity restrictions to be lifted at LUH Twitter Google+ Facebook WhatsApplast_img read more