Category: uzqzging

Forget buy-to-let! I’d invest £10k in this FTSE 100 share instead

first_img “This Stock Could Be Like Buying Amazon in 1997” Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK has recommended Rightmove. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Manika Premsingh I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Forget buy-to-let! I’d invest £10k in this FTSE 100 share instead  Enter Your Email Address Our 6 ‘Best Buys Now’ Shares It can tempting to invest in buy-to-let properties. They could provide a secure income stream. Also, in a time of low interest rates, borrowing is inexpensive. But on the flipside, buying and maintaining properties is no easy task. There’s the actual selection and post-purchase upkeep of the property. Besides this, there’s administrative work involved and taxes to be paid.  Considering this, I’d look at the alternative of high-growth FTSE 100 stocks as well. And if I am really bullish on the property market, I’d specifically consider shares in the sector. What would otherwise be my down-payment, can become my investible capital instead. The average price of a house in the UK, according to HM Land Registry, was £235,298 in November last year. In order to fund such a purchase with borrowings, I’d have to make a down-payment of at least 5%. This amounts to £11,764, assuming I’m buying a house at the average price.  5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Investing opportunities abound If I put it in the stock market, let me assume the investible capital to be £10,000 for simplification. With this amount of capital, investing in growth stocks is likely to be quite rewarding. Consider the example of the FTSE 100 retailer JD Sports Fashion, which gave investors over 80% returns in one year alone, making it the best performing share in the set last year. The challenge in investing in equities is, of course, that it’s impossible to predict which stocks will be the fastest growing. To which I’d point out that there were plenty of other shares that offered fairly healthy capital appreciation in 2019. Steady rise Focusing specifically on the property sector, I’d like to draw your attention to FTSE 100 real estate portal Rightmove (LSE: RMV).  The most immediate reason I like the stock is that it’s run-up in the post-election period has been relatively muted. It spiked less than share prices of bricks and mortar real estate developers, which gives me confidence that its price is not as event-driven as it is by fundamentals. Moreover, RMV’s share price has been on the upswing for a long time. In fact, for risk-averse investors, this is a good stock to consider, because it’s seen a relatively steady increase over time. If I’d invested £10,000 in it in January 2015, my capital would have increased to £46,200 by now. More options to choose from Its financials look fine to me, which also gives me confidence in its future. Also, it appears that 2020 will be better for the real estate sector than 2019 was, going by the latest housing price updates. I’d hold my capital in the stock for these reasons. But if I really wanted to, I could still withdraw a deposit for a buy-to-let property and be left with a tidy sum of over £34k. If the share price continues to grow at the rate it has seen over the past five years, by 2025, my remaining capital would stand at almost £160k. And I’d have a buy-to-let property. It sounds like a good deal to me.   center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Manika Premsingh | Tuesday, 28th January, 2020 | More on: RMV Image source: Getty Images. last_img read more

PFRA introduces new rules for doorstep face-to-face fundraising

first_img  46 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Howard Lake | 17 October 2011 | News The Public Fundraising Regulatory Association, the self-regulatory membership body for face-to-face fundraising, has today published a rule book to cover doorstep face-to-face fundraising, a companion volume to its rule book for street face-to-face fundraising.The PFRA Rule Book (Door) contains new rules and ./guidance based on the organisation’s interpretation of the Institute of Fundraising’s Code of Practice on Face-to-Face Activity. Its rule are binding on PFRA members.Much of it mirrors the street Rule Book, but of course it excludes rules that relate only to street fundraising, such as the three step rule.New rules specifically about doorstep F2F are:* Fundraisers ought always knock or ring at a property’s main entrance and not use side entrances or back doors, unless a resident gives permission to do so.* Fundraising may only take place between 9am and 9pm (10am on Sundays and public holidays) unless fundraisers have permission to visit outside these hours.* Fundraisers should take extra care when calling once darkness has fallen so as not to cause alarm or distress to householders.As with the new street rules, breaches of the doorstep rules will incur penalty points, which, after a six-month trial and a review, will be converted into fines at £1 per point. Once a fundraising organisation passes a 1,000-point threshold, they will be liable to monetary fines.The new rules will be backed up by a new doorstep quality control programme designed to complement the mystery shopping programme for street fundraising. The three stages to this programme will be phased in over the next year.The first stage will involve PFRA’s standards team inspecting training sessions to check how well the requirements of the code and Rule Book are communicated to fundraisers.After that, PFRA’s standards team will begin shadowing fundraising teams to observe how they operate on the ground.Finally, within 12 months, PFRA will place on its website a customer feedback mechanism whereby members of the public can post comments and observations about doorstep face-to-face. This is not a complaints process, as there is already an established PFRA complaints process that any resident can use.www.pfra.org.uk AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 PFRA introduces new rules for doorstep face-to-face fundraising 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: Individual giving Law / policy PFRAlast_img read more

Trabajadores agrícolas de Nueva York luchan por derecho a organizarse

first_imgTrabajadores agrícolas luchan valiente y tenazmente por el derecho a organizarse en Nueva York. Actualmente, no hay una protección jurídica en el estado para impedir que los patronos despidan a las/os empleados solo por haber conducido acción colectiva con tal de mejorar las condiciones en el trabajo.El 10 de mayo, el trabajador Crispín Hernández, junto con dos centros de trabajadores de Nueva York – el Centro de Trabajadores de CNY (WC-CNY) y el Centro de Justicia de Nueva York en Rochester (WJC) – presentaron una demanda en contra del estado de Nueva York, exigiendo este derecho a protección. La Ley Estatal de Relaciones Laborales de Nueva York de 1936 (SERA) excluyó específicamente a los trabajadores agrícolas del derecho a negociación colectiva. A pesar de que la Constitución estatal de 1938 concedía tal derecho a todas/os los trabajadores sin excepción, a los trabajadores agrícolas de Nueva York jamás se les ha otorgado totalmente el derecho a organizarse debido a la exclusión del SERA.A través de la demanda, Hernández y los centros de trabajadores exigieron que el derecho a organizarse se aplique a los trabajadores agrícolas.El 10 de mayo, en una conferencia de prensa en Albany Hernández dijo: “Sin trabajadores del campo, no habría leche, no habría frutas o verduras, pero nos tratan como esclavos, peor que a las vacas. Queremos poder mejorar las condiciones de trabajo sin miedo o intimidación. Creemos que nuestras vidas son importantes, y que todos los seres humanos merecen ser tratados con dignidad y respeto”.La demanda se basa en la flagrante supresión del derecho del demandante principal Crispín Hernández a reunirse libremente con otros trabajadores y con el Centro de Trabajadores para hablar sobre preocupaciones por las condiciones en el trabajo.Cuomo cede ante trabajadoresEl 11 de mayo, el  gobernador Andrew Cuomo anunció que el estado no se opondrá a la demanda. Este prometedor acontecimiento da esperanza de que habrá una decisión exitosa y una victoria histórica para los trabajadores agrícolas. La Unión de Libertades Civiles de Nueva York (NYCLU) representa a Hernández, al WC-CNY, y al WJC.La organizadora principal del WC-CNY Rebecca Fuentes, en una entrevista con Workers World-Mundo Obrero (WW-MO), destacó que la lucha avanza gracias al liderazgo de los mismos trabajadores agrícolas y la dedicación del WC-CNY a lo largo de los años para “educar, agitar, y organizar” a trabajadoras/es que viven en áreas rurales apartadas. (New York Times, 5 de mayo).Desde 2012, siendo aún adolescente, Hernández trabajaba doce horas al día, seis días por semana, en la finca Marks Farms situada en Lowville-NY. Era tanta la presión que a veces no podía comer o ir al baño en todo el día. Él era la única fuente de ingreso para su numerosa familia extendida de aproximadamente doce personas.Marks Farm, un importante productor de leche en Nueva York, tiene 10.000 animales y 60 trabajadores. Hay 60.000 trabajadores en las lecherías del estado, las cuales alcanzaron los $6,34 mil millones en ventas en el 2014.En el 2015, Hernández y otros trabajadores entablaron conversaciones con Fuentes sobre temas de seguridad en el trabajo y para organizar clases de inglés. Una noche, después de las horas de trabajo, mientras se reunían en un apartamento pequeño que un trabajador alquilaba al dueño de la granja, el hijo del dueño llegó y ordenó a Fuentes que se fuera de “su propiedad.” Ella citó la decisión del fiscal general de Nueva York la cual dice que las/os trabajadores agrícolas pueden tener invitados en sus habitaciones y rehusó irse a menos que los trabajadores se lo pidieran.Los trabajadores insistieron, diciendo que ella era su invitada.  Ahí fue cuando el dueño notificó tanto a la policía del condado como a la del estado, quienes interrogaron a Fuentes, a Hernández, y a otros trabajadores. Al ser amenazada con arresto, Fuentes otra vez citó  la decisión del fiscal general. Los trabajadores desafiaron al dueño y a la policía al insistir que se quedara y las autoridades se fueron.Una semana después Hernández y Saúl Pinto, junto con Fuentes y otros voluntarios del WC-CNY, caminaban de tráiler a tráiler para hablar con los trabajadores sobre los derechos que tienen cuando el hijo del dueño les observe. El día siguiente Hernández y Pinto fueron despedidos.Fuentes dijo a WW-MO que si la concesión de Cuomo se confirma con una decisión positiva, la protección legal se garantizará para todas/os los trabajadores agrícolas de Nueva York por hacer lo que hicieron Hernández y los otros cuando fueron despedidos.  Esta acción llamada “actividad concertada,” incluye acciones de las/os trabajadores tales como la formación de comités para hablar sobre problemas en el trabajo o para representar a compañeros de trabajo ante el patrono para exigir mejores condiciones de trabajo.‘Actividad concertada’ puede incluir el pedido de un día libre cada semana, que el patrono repare maquinaria defectuosa, o que provea equipos de protección. Generalmente, los dueños hacen que los empleados de vaquerías compren sus propios guantes largos para protegerse los brazos contra las infecciones y los desechos de los animales. Fuentes añadió que la ‘actividad concertada’ es la táctica usada eficazmente por las/os trabajadores no sindicalizados con baja paga como las/os de McDonald’s o Walmart.Fuentes dijo que ganar la demanda legal daría a los trabajadores “una herramienta para resistir” – y firmemente declaró: ¡“Estamos resistiendo”!Herramienta poderosaUna victoria significaría que Hernández y otros trabajadores agrícolas tendrían una herramienta poderosa para desafiar la amplia gama de condiciones horrendas bajo las cuales trabajan.Relatos de Hernández y del trabajador agrícola José García, expuestos por NYCLU, cuentan de días trabajando doce horas con sueldo bajo y sin pago de horas extras; lesiones en el trabajo sin atención médica y falta de equipo de protección para prevenir lesiones; aislamiento rural extremo y falta de transporte para ir a obtener recursos; racismo, intimidación verbal, y asalto físico por supervisores y dueños.Los trabajadores agrícolas en Nueva York tienen una tasa de mortalidad veinte veces más alta que la del trabajador promedio en el estado. Algunos trabajan de 90 hasta 95 horas por semana, operando maquinarias peligrosas bajo condiciones extenuantes. (nyclu.org, 10 de mayo)Para las trabajadoras agrícolas mujeres, una victoria ofrecería una manera de luchar en contra de la violación y el acoso sexual. Las trabajadoras agrícolas mujeres enfrentan una tasa altísima de estos delitos, de acuerdo a un estudio del Centro de Investigación Periodística del 2013. Las mujeres son particularmente vulnerables debido a su estado de documentación, aislamiento rural o social, o por ser el sostén primario para sus hijas/os.Esta victoria también dará una herramienta a las/os trabajadores agrícolas para oponerse a la aceleración del trabajo y la exigencia de aún más trabajo con salarios de hambre como es la línea de producción agraria, especialmente en el área de productos lácteos. En los EUA, la tecnología y la especialización han incrementado en nueve los rebaños de las granjas lecheras en los últimos veinte años. En el Noreste, granjas con por lo menos 700 vacas generaron casi el 50 por ciento de la leche producida en 2014. (D.P. Blayney, “Changing Landscape of Milk Production,” 2002)Las/os trabajadores agrícolas típicamente enfrentan amenaza e intimidación si exigen mejores condiciones de trabajo a sus patronos. En el estado de Nueva York, muchas/os trabajadores son mejicanos y centroamericanos y si se enfrentan a los propietarios de las granjas, enfrentan también una posible deportación o la pérdida de una visa de trabajo continuo.La extensión del derecho a organizarse para las/os trabajadores del campo de Nueva York rompería el tramo de 80 años de injusticia racista que comenzó en 1935, cuando la Ley Wagner estableció la Junta Nacional de Relaciones del Trabajo. Esta ley excluía específicamente a los trabajadores agrícolas del derecho a organizarse y negociar colectivamente a lo largo de los EUA. (National Advisory Committee on Farm Labor, “Farm Labor Organizing 1905-1967: A Brief History,” 1967).La exclusión surgió por la presión de los propietarios de la clase dominante blanca del segregado Sur estadounidense, decididos a excluir a los trabajadores agrícolas afroamericanos de la posibilidad de sindicalizarse. Campañas organizativas efectivas por parte de trabajadores agrícolas y aparceros, como el Sindicato de Trabajadores Campesinos del Sur, se extendió por la región durante la década de 1930, a menudo bajo el liderazgo socialista y comunista. (R. Kelley, “Hammer and Hoe,” 1990).Pero incluso con un triunfo histórico de la demanda, Hernández y otras/os trabajadores agrícolas todavía no tendrían el derecho al pago de horas extras, seguro de desempleo o compensación de trabajadores, negados bajo las leyes existentes de Nueva York.Carly Fox, abogada del Centro de Justicia para Trabajadores de Rochester, dijo que su organización ha estado luchando durante casi quince años por la aprobación del Acta de Normas Justas para Trabajadores Agrícolas, la que garantizaría los derechos adicionales.El 15 de mayo, comenzó en Long Island una marcha de 200 millas en apoyo al proyecto de ley y se manifestarán el 1 de junio en Albany exigiendo un “sí” para el Acta.En un email a WW-MO, Carly Fox de WJCY dijo que “Las/os trabajadores agrícolas nos alimentan, es ya es hora que Nueva York los trate con dignidad y respeto.”Mientras tanto, los trabajadores agrícolas y los centros de trabajadores seguirán reuniéndose en granjas lejanas en Nueva York para educar, agitar, organizar y reunir.Hay una canción que fue famosa  en la década de los 1970, durante la huelga de Trabajadores Agrícolas y de la lucha por el reconocimiento sindical en California. Todavía está siendo cantada frente a Marks Farm  en Lowville-Nueva York.El picket sign, el picket signLo llevo por todo el díaEl picket sign, el picket signConmigo toda la vidaThe picket sign, the picket signI carry it all day with meThe picket sign, the picket signWith me throughout my life.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

International coalition to intervene in Canada Supreme Court case on confidentiality of journalists’ sources

first_img News November 11, 2020 Find out more News Receive email alerts Help by sharing this information CanadaAmericas Protecting sources Judicial harassment A coalition of 12 press freedom and civil liberties groups from around the world, including Reporters Without Borders (RSF), will intervene in a VICE News case seeking to keep confidential conversations between its reporter Ben Makuch and a source from being turned over to the Royal Canadian Mounted Police (RCMP). The case, to be heard before the Supreme Court of Canada on May 23, will have major implications for the confidentiality of journalists’ sources. January 15, 2021 Find out more News Organisation to go further IMAGE CREDIT: VICE center_img Follow the news on Canada RSF_en Forum on Information and Democracy 250 recommendations on how to stop “infodemics” Twelve press freedom, media rights, and civil liberties organizations from around the world were granted leave to intervene last month in support of Ben Makuch, a national security reporter for VICE News in Toronto, who received an order from the RCMP to hand over all communications with an alleged Islamic State fighter. The production order came after Makuch published a series of articles in 2014. VICE and Makuch have been fighting to quash the production order ever since, but it has been upheld in two lower court decisions. The coalition argues that the protection of confidential journalistic material from compelled disclosure is a fundamental condition of freedom of the press. Without it, the vital watchdog role journalists play in a democratic society is undermined, as sources risk being deterred from sharing information of public interest with members of the press. “If the appeal court’s ruling is allowed to stand, it will be easier for Canadian police to obtain notes and recordings from journalists, which is why we have chosen to intervene in this Supreme Court case,” said Margaux Ewen, RSF North America Director. “As one of the world’s strongest democracies, Canada must set a positive example of protecting journalists’ sources, not a negative one, by ensuring that journalists operate without government interference in their reporting. ” “The outcome in this case will send an important signal about press freedom to other countries“, said Joy Hyvarinen, Head of Advocacy at Index on Censorship. “ It is extremely important that Canada’s courts ensure the protection of journalistic sources and safeguard press freedom.” “At a time when the press is more threatened than ever, Canada should set an example for press freedom, said Alexandra Ellerbeck, North America program coordinator for the Committee to Protect Journalists (CPJ). “Undermining the ability of journalists to operate independently and keep their reporting product private sends the opposite message.” “Protection of journalistic sources is essential to ensure proper investigative journalism, said Media Legal Defense Initiative (MLDI)’s Legal Director Padraig Hughes. “We hope the court will recognise that the risk to investigative journalism where the press are forced to reveal source material to law enforcement is very real, and will have a serious impact on their role as a ‘public watchdog.’” The Supreme Court’s decision in the VICE case comes at an important time in Canada when journalists’ sources have recently been under threat. At least 13 journalists were under police surveillance in Quebec between 2013 and 2016 in an effort to identify leaks within the police force, prompting the establishment of a Commission of Inquiry which recommended stronger provincial legislation be adopted to protect source confidentiality. In October of last year, Canada’s parliament unanimously adopted the Journalistic Source Protection Act, a federal “shield law” designed to protect sources and whistleblowers. Despite the new legislation, Marie-Maude Denis, an investigative reporter for Radio-Canada, was ordered by a Quebec Superior Court in March to reveal her sources in a Quebec City corruption case. The court applied the shield law, but ultimately ruled that the public’s interest in the outcome of the trial outweighed that of journalistic source protection. Radio-Canada is currently fighting the order to compel Denis’ testimony. The Journalistic Source Protection Act does not apply in the VICE case. The coalition comprises Article 19, the Committee to Protect Journalists, Index on Censorship, the International Human Rights Program/University of Toronto Faculty of Law, the International Press Institute, Media Law Resource Center, Media Legal Defense Initiative, PEN Canada, PEN International, Reporters Committee for Freedom of the Press, Reporters Without Borders, and World Association of Newspapers and News Publishers. Canada ranks 18th out of 180 countries in RSF’s 2018 World Press Freedom Index. CanadaAmericas Protecting sources Judicial harassment On eve of the G20 Riyadh summit, RSF calls for public support to secure the release of jailed journalists in Saudi Arabia News May 15, 2018 – Updated on May 16, 2018 International coalition to intervene in Canada Supreme Court case on confidentiality of journalists’ sources November 19, 2020 Find out more “We must impose democratic obligations on the leading digital players”last_img read more

Watchdog Recommends FHFA Enhance Risk Assessment Audits for GSEs

first_img in Daily Dose, Featured, News, Secondary Market Fannie Mae Federal Housing Finance Agency FHFA FHFA Office of Inspector General Freddie Mac Risk Assessment 2016-01-07 Brian Honea The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago January 7, 2016 1,126 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Quintairos, Prieto, Wood & Boyer Expands in Last Quarter of 2015 Next: Consumer Sentiment Ends 2015 at an All-Time High Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Tagged with: Fannie Mae Federal Housing Finance Agency FHFA FHFA Office of Inspector General Freddie Mac Risk Assessment Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Watchdog Recommends FHFA Enhance Risk Assessment Audits for GSEs Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago  Print This Post About Author: Brian Honea Related Articles Home / Daily Dose / Watchdog Recommends FHFA Enhance Risk Assessment Audits for GSEs The Office of the Inspector General (OIG) for the Federal Housing Finance Agency (FHFA) has recommended that the agency enhance its risk assessment framework in an effort to limit variations in risk assessments for Fannie Mae and Freddie Mac, according to a report from the OIG released this week.FHFA and other financial regulators use a risk-based approach for examination activities to determine if the Enterprises are achieving their goal of providing a reliable source of liquidity and funding for the housing market and community investment, and risk assessments are critical to the success of such a risk-based approach. Risk assessments, which are revised regularly, provides the regulatory agency with a comprehensive view identifying primary risks to the examined entity as well as the causes of unfavorable trends and the entity’s strengths and vulnerabilities.The OIG conducted the examination of the FHFA’s supervisory activities to “assess whether FHFA’s requirements for its risk assessments of the Enterprises are sufficiently robust to produce risk assessments that achieve the purpose for which they are intended,” wrote Angela Choy, Assistant Inspector General for Evaluations, in the report.The report found that despite the fact that the Enterprises have “virtually identical federal charters, substantially comparable business models, and similar risk profiles,” significant variations in risk assessments exist between the GSEs. Even though the GSEs share the same type of risk and those risks lend themselves to standardized measures, the significant variations in risk assessments limits the ability to use those assessments as a tool to compare risks between the GSEs. Hence, the OIG made three recommendations to the FHFA to enhance the risk assessment framework for the GSEs:The OIG recommends that the FHFA adopt minimum requirements for risk assessments that facilitate comparable analyses for each Enterprise’s risk positions. The recommended requirements include common criteria for determining whether risk levels are high, medium, or low, year over year. In its response, FHFA stated that its Division of Enterprise Regulation (DER) agreed with the recommendation and will “amend its existing internal guidance on the performance of risk assessments to include key definitions of terms used in risk assessments and to specify measures for inclusion in risk assessments in the areas of credit, market, and operational risk” by May 25, 2016.The OIG recommend that the FHFA adopt standard requirements and the necessary documentation to support conclusions that will reduce the amount of variability in the DER’s risk assessments between the GSEs. In its response, FHFA said that by May 25, 2016, DER agreed with the recommendation would amend internal guidance on risk assessment performance to include “more specific guidance on the format for presentation of risk analysis and on supporting documentation needed for risk assessment conclusions.”The OIG directed that DER train its examiners in charge of semi-annual risk assessments to use the enhanced guidance consistent with the first two recommendations above. FHFA stated in the response that the DER agrees and will have provided such training by October 14, 2016.Click here to read the FHFA Office of Inspector General’s full report. Servicers Navigate the Post-Pandemic World 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago Subscribelast_img read more

Serious Mortgage Delinquency Rates on the Rise

first_img In August, the daylight between early-stage delinquencies and seriously past-due mortgages continued to swell, according to Black Knight’s “first look” at August’s month-end mortgage performance statistics, which covers the majority of the national mortgage market.On the heels of falling a combined 0.85 basis points over the previous two months, overall, the national delinquency rate dropped only 0.03 basis points from July.The share of borrowers with one missed payment already had sagged beneath levels prior to COVID-19. Last month, the sum of all early-stage delinquencies (those 30 and 60 days past due) dropped 9%, also falling below that benchmark.That said, the uptick in early-stage delinquencies was offset by a 5% bounce in serious delinquencies, those at least 90 days past due. Those have risen in each of the last five months. Of those five months, August’s ascent in serious delinquencies was the smallest increase, which Black Knight says suggests “they may be nearing their peak.”Among the top five states by non-current percentage, as of Aug. 20,  Mississippi topped the list at 11.73%, followed by Louisiana, 11.29%; Hawaii, 9.56%; New York, 9.42%; and Florida, 9.12%.Meantime, compared to levels prior to the pandemic, there are almost two million more seriously delinquent homeowners. However, stemming from active forbearance plans and moratoriums on foreclosures, as has been the cause, there’s been a quieting of foreclosures.The national delinquency rate increased by 90.22%, according to Black Knight’s latest Mortgage Monitor Report, with 1.6 million new delinquencies since March and a rate of 6.45%, the largest single-month increase on record, according to DSNews.com.Just three months after hitting a record low in January 2020, the national delinquency rate is now at its highest level since 2013, Black Knight notes.After falling more than 1.5% below its pre-Great Recession average in early 2020, the national delinquency rate is now 2.25% above that benchmark and may be poised to climb higher in May.While delinquencies rose by at least a full percentage point in all of the 100 largest U.S. metro areas and all 50 states, impacts varied across the country. Delinquency rate increases in Miami (+7.2%) and Las Vegas (+6.2%) were both more than twice the national rise.Delinquencies varied by home value as well. Mortgages on properties worth less than $100,000 have a delinquency rate of 9.4%, while those on properties worth more than $1 million are less than 1/3 that rate.The most significant single-month increases in delinquency rates have been among borrowers with homes in the $400,000 to $500,000 range, with lesser impacts both up and down the home price spectrum. The largest volume of net new delinquencies have still come from more moderately priced homes, simply because that’s where the bulk of the volume lies. Black Knight notes that 50% of the increase in mortgage delinquencies from March to April came on properties valued between $100,000 and $299,000. September 23, 2020 5,650 Views Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Black Knight Delinquencies 2020-09-23 Christina Hughes Babb About Author: Chuck Green Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save  Print This Post Previous: FHFA Updates Collection of Mortgage-Acquisition Data Next: FHFA Adjusts Deadline for Purchase of Qualified Loans Serious Mortgage Delinquency Rates on the Rise Data Provider Black Knight to Acquire Top of Mind 2 days ago Chuck Green has contributed to the Wall Street Journal, Washington Post, Los Angeles Times, San Francisco Chronicle, Chicago Tribune and others covering various industries, including real estate, business and banking, technology, and sports. The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Related Articles Tagged with: Black Knight Delinquencies Home / Daily Dose / Serious Mortgage Delinquency Rates on the Rise Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Market Studies, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Subscribelast_img read more

Undergraduates get taste of public health in summer programs

first_imgIn only two months as an intern in a lab at Harvard School of Public Health, Erika Espinosa believes she learned more than she could have in a semester of undergraduate courses. The Summer Program in Biological Sciences in Public Health (BPH), Espinosa said, “taught me the real definition of hard work” as she performed molecular biology research that could have implications for obesity treatment.The laboratory-based program provides the opportunity for undergraduates to design and carry out a research project examining a biological science question that is relevant to disease prevention, and culminates in a poster session, where Espinosa—a biomedical sciences student at the University of Texas at Brownsville—was among 10 students who presented their work on August 7, 2014 to an audience of HSPH faculty and graduate students.A range of opportunitiesEspinosa is one of hundreds who have spent their summers at the school while pursuing a bachelor’s degree in a range of disciplines. As public health is interdisciplinary, the students selected for these programs often come from a variety of backgrounds, from life sciences to math to sociology. In addition to BPH, organized by the Division of Biological Sciences, students can participate in the Summer Program in Biostatistics and Computational Biology, the Summer Program in Epidemiology, or Fostering Advancement & Careers through Enrichment Training in Sciences (a cross-departmental program known as FACETS). Read Full Storylast_img read more

Group discusses Le Mans basement project

first_imgSaint Mary’s College Student Government Association (SGA) discussed which colors should be used to decorate the Le Mans Hall basement Wednesday. The basement is being redecorated as SGA’s Capital Fund project. “Our goal today at the end of this meeting is that we are going to have one color pallet, color scheme, picked out,” student body president Rachael Chesley said. SGA discussed three different color pallets. The first was a light green with coral and teal accents. The second pallet consisted of a warm yellow with aqua marine blue and light pink accents. The final color pallet was pale orange with coral and navy accent colors. “When we were talking accent colors we didn’t mean whole walls,” Kelly Lyons, senior class president, said. “We are talking [about] the accessories of the room.” SGA voted to eliminate the orange, coral and navy color pallet and continued to discuss the other two options. “This is our room we’re creating,” Chesley said. According to Chesley, the color scheme should be unique and should not be the same colors that are seen throughout campus. Lyons said she wanted the color scheme to be “homey.” Chesley said the Board should focus on “choosing a color that you feel could be versatile no matter what we choose or what they choose in the future.” According to Chesley, it was important for SGA to consider the color pallet for future years so as to choose colors that were timeless. SGA members voted to pursue the light green color pallet with coral and teal accents. The Board also discussed the different zones that should be included in the basement. SGA discussed having eight different zones within the basement. “One of them would be a TV, Wii video game area,” Lyons said. Additional zones included a kitchen and vending zone, a movie space and game area. SGA also discussed posting bulletin boards in the basement, as well as a world map. All of SGA’s ideas will be presented to a designer who will assist in the remodeling of the basement. There will be no SGA meeting next week due to Thanksgiving.last_img read more

Victoria Clark & Dee Hoty Join Broadway-Bound Revival of Gigi

first_img Gigi Tony winner Victoria Clark and three-time Tony nominee Dee Hoty have joined the cast of the Broadway-bound revival of Gigi. Clark will play Mamita Alvarez and Hoty will take on the role of Aunt Alicia as they join a cast that includes Vanessa Hudgens, Corey Cott, Howard McGillin and Steffanie Leigh. The tuner will play a pre-Broadway engagement at the Kennedy Center from January 16 through February 12, 2015. The Eric Schaeffer-helmed production, adapted by Heidi Thomas, will open officially there on January 29. View Comments Clark, who most recently appeared on Broadway in Cinderella, took home a Tony Award for her performance in The Light in the Piazza. Her additional credits include Sister Act, The Snow Geese, Titanic How to Succeed in Business Without Really Trying and Urinetown. Hoty was nominated for Tonys for Footloose, The Best Little Whorehouse Goes Public and The Will Rogers Follies. She has also appeared in Mamma Mia!, Bye Bye Birdie, City of Angels, Me and My Girl and Big River. Also joining the cast are Max Clayton, Ashley Blair Fitzgerald, Brian Ogilvie and Amos Wolff. Related Shows Based on the 1944 novel by Colette, Gigi was first adapted for the Broadway stage in 1951 by Anita Loos, with an unknown Audrey Hepburn in the title role. Subsequently Alan Jay Lerner (screenplay and lyrics) and Frederick Loewe (music) adapted the material for the 1958 movie musical, winner of nine Academy Awards, including Best Picture. In 1973, the tuner played 103 performances on Broadway with Karin Wolfe as Gigi and Daniel Massey as Gaston, earning a Tony Award for Best Original Score. Gigi features the memorable tunes “Thank Heaven For Little Girls,” “I Remember It Well,” “The Night They Invented Champagne,” “It’s a Bore,” “Say a Prayer for Me Tonight” and more. Show Closed This production ended its run on June 21, 2015last_img read more

5 common tax filing myths debunked

first_imgby: Rebecca LakeThere are lots of misconceptions floating around about the best moves to make when it comes to filing your taxes.We know that every penny counts, especially at tax time, so we’ve busted five of the most common tax filing myths. If you’re getting ready to get your return in order, take a look at the biggest tax traps you can’t afford to fall into.1. Filing jointly is always the best deal if you’re marriedIf you’re married, one of the most important things you have to decide at tax time is how you’re going to file. For most couples, filing jointly is the obvious choice since it qualifies you for a greater number of tax credits and deductions but there are a few situations where you may be better off with separate returns.When you’re going through a divorce, for instance, filing separately might be a wise idea if you’re worried about your soon-to-be ex owing a huge bill or you just want to create some distance financially. It can also help you out if you’ve got a lot of medical expenses to deduct but your joint income is too high to allow you to write them off. continue reading » 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more