HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, has released its July 2016 loan modification data which stated for the month of July, total non-foreclosure solutions (the combination of total loan modifications, short sales, deeds in lieu and workout plans) were approximately 112,000. This compares to approximately 25,000 completed foreclosure sales for the month. The report states that this is a ratio of more than four mortgage solutions for every foreclosure sale.“As we turn to the second half of 2016, we remain pleased with the commitment of mortgage servicers to assist homeowners who are facing mortgage issues,” Eric Selk, Executive Director of HOPE NOW. “Our latest data report indicates that while delinquency continues to decline to pre-crises norms, there still remains a population of homeowners who need assistance. While our July 2016 data declined in many solution fields compared to the previous month, we are encouraged by the decline of actual foreclosures.”The report states that included in that total solutions figure were an estimated 35,000 permanent loan modifications. This total includes modifications completed under both proprietary programs and the government’s Home Affordable Modification Program (HAMP). Of the permanent loan modifications completed in the month of July, the report shows that an estimated 23,000 were through proprietary programs and 12,081 were completed via HAMP. Additionally, of the 23,000 proprietary modifications completed in July, 46 percent, or 10,437, reduced the monthly principal and interest payment by 10 percent or more. Since HOPE NOW began reporting data in 2007, the total number of non-foreclosure solutions is over 25 million and the number of permanent loan modifications is 7.9 million.“When looking at our July 2016 data compared to a year ago, completed modifications actually increased, so despite various conditions, the situation of thousands of homeowners improved,” says Selk. “The 112,000 foreclosure alternative solutions in July 2016 brings the life to date total since 2007 to approximately 25.5 million solutions. This is nearly four times the number of completed foreclosure sales (6.5 million) in the same time frame.”Approximately 35,000 loan modifications were reported to be completed in July in contrast with 42,000 in June of 2016. This is a decrease of approximately 17 percent. Likewise, approximately 35,000 loan modifications were completed in July 2016 compared to 34,000 in July 2015. This was a reported increase of approximately 3 percent.The report also states that approximately 5,700 short sales were completed in July 2016 compared to 6,300 in the month prior. This represents a decrease of approximately 10 percent. Short sales were reported to have approximately 5,700 completed in July 2016 in contrast to 7,700 in July 2015, a decrease of 26 percent.Approximately 1,400 deeds in-lieu were completed in July. This is a 16 percent decrease from the 1,700 completed in June. Approximately 1,400 deeds in-lieu were completed in July 2016. This is a decrease of 6 percent from 1,500 in July 2015.Foreclosure starts reduced 5 percent month over month to approximately 51,000 in July from 54,000 in June. Foreclosure starts were approximately 51,000 in July 2016 compared to 51,000 in July 2015. This number was reported to be virtually unchanged.Additionally, foreclosure sales were reportedly about 25,000 in July from 29,000 in June. This was a decrease of 12 percent month over month. Likewise, foreclosure sales were approximately 25,000 in July 2016. This is compared to 28,000 in July 2015 which was a decrease of 9 percent.“While the data trends certainly suggest that the market is recovering, there remains areas where assistance is still needed,” says Selk. “HOPE NOW continues to focus our efforts in several of these regions including Florida, Georgia, New Jersey and California. in Daily Dose, Featured, News Loan Modifications Increase as Foreclosure Sales Decrease About Author: Kendall Baer Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago 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 Tagged with: Foreclosures HOPE NOW Loan Modification Foreclosures HOPE NOW Loan Modification 2016-09-15 Kendall Baer Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, Texas. Born and raised in Texas, Baer now works as the online editor for DS News. Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Loan Modifications Increase as Foreclosure Sales Decrease The Best Markets For Residential Property Investors 2 days ago Previous: Completed Home Flipping at a Six-Year High Next: Freddie Mac Intends to Sell Seventh STACR Offering Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Print This Post September 15, 2016 1,970 Views Subscribe
The best BiH female athlete Lucia Kimani represented Bosnia and Herzegovina in the marathon race in Rio.Lucia Mwihaki Kimani arrived to the end line almost half an hour after the winning competitors. During the race, Kimani significantly lagged behind the athletes that won the race.The Kenyan Jemima Jelagat Sumgong won the golden medal, while the contestant from Bahrain Eunice Jepkirui Kirwa won the silver medal. World champion Mare Dibaba won the third place and the bronze medal.One hundred and fifty best female athletes of the world participated in the marathon race on the streets of Rio de Janeiro in the length of 42 kilometers. The race lasted for two and a half hours.In the competition of record-breaking 157 marathoners from 80 countries, the primary aim was to run the entire race.(Source: radiosarajevo.ba)
Due to unforeseen circumstances, the first public hearing for the Lindo Creek COI has been postponed.Commissioner Justice Donald Trotman appeared before the media one hour after the scheduled starting time to inform journalists of the postponement.The commissioner claimed there were certain “internal prerequisites” and logistical issues that led to the postponement.Relatives of the the eight men that were killed in the massacre were due to appear at the hearing this morning. However, some were said to be having difficulties reaching on time.Full details in Friday’s edition of the Guyana Times newspaper.
Directors Dara Kell and Christopher Nizza at the Brooklyn Film Festival earlier this month. At the premier of the film in the Hague in 2011. Visitors to the Brooklyn Film Festival wait outside the Brooklyn Heights cinema ahead of the screening of Dear Mandela.(Images: www.dearmandela.com)MEDIA CONTACTS•Sleeping Giants Film+27 21 870 2900• Abahlali basemjondolo+27 31 304 6420Valencia Talane“It always seems impossible until it’s done.”Perhaps this famous quote by Nelson Mandela is what inspired a social movement for poor communities called Abahlali basemjondolo, based in KwaZulu-Natal, to fight the government, through its justice system, over the unfair evictions of shack dwellers.They won, and every step of their battle for justice was documented in Dear Mandela, a film that has inspired even more South Africans in poor communities to take charge and stand up for their rights.The Constitutional Court is where it all happened in October 2009. The case brought before the court by Abahlali was an effort to put an end to a controversial piece of legislation called the Slums Act, as it gave municipalities too much power over poor residents of informal settlements, so much so that they could evict inhabitants of private land and put them in transit camps without providing alternative accommodation.Abahlali’s resilient nature, in the wake of a previous judgment by KwaZulu-Natal Judge President Vuka Tshabalala which upheld the legislation, became the group’s fighting power, and so began the journey to declare war for the right to dignity.International recognitionThe Grand Chameleon is the most prestigious of the awards given out at the Brooklyn Film Festival, which runs every year in June. The festival, into its 14th edition in 2012, puts a focus on independent films from around the world in an effort to – as organisers put it – “advance public interest in films and the independent production of films”.The 2012 festival saw over 100 premieres screened at the event’s two venues, the indieScreen and the Brooklyn Heights Cinema.Dear Mandela was one of 17 in the documentaries category, and the only African entry on the list dominated by productions from the US and Europe.“All the films in the competition are eligible for this award, regardless of their length, category, or format,” declares a disclaimer on the festival’s website.The award is assigned by the board of directors of the festival and is chosen from the winners of ‘Best in Category’.The film will share an overall prize of US$57 000 (R470 723) with the winners in the other categories.Other accolades awarded to Dear Mandela include the Best Butterfly Award at the Movies that Matter Film Festival run by Amnesty International; best documentary nominee at the African Academy Awards 2012; and the Best African Documentary Award at the Durban International Film Festival. Inspiration for the filmCape Town-born Dara Kell, one of the directors of the film, says one of the inspirations behind the film was a desire to show what young South Africans still fight for, so many years into the country’s freedom. She wanted to show what life is like for young people in informal settlements.Her co-director, Christopher Nizza, agrees: “When we started working with Abahlali we discovered that many of their leaders are of the generation commonly referred to as the ‘born frees’, and it was through the story of the characters in the film that we were able to tell the bigger story about evictions and housing problems that South Africans deal with.”Nizza grew up in New York, and has won various awards for his work in television adverts, music videos and, of course, documentaries. Together the two formed documentary production company Sleeping Giant in 2007, and Dear Mandela is their first feature-length production.Although Abahlali are widely known across South Africa, their day-to-day struggles and victories were not necessarily being told in the mainstream media and in this regard, says Kell, they were able to tell the world.“Putting small videos of the daily encounters filmed while following the leaders of the movement on the internet had some positive impact,” recalls Nizza. “There were several protests at South African embassies in New York, London, Moscow and other cities around the world.”“This created some pressure on the South African government, because everything wasn’t happening in the shadows anymore, and people around the world were paying attention.”He adds that challenging negative stereotypes about shack dwellers in South Africa was another motivating factor for doing the film.“The perception is that they are dangerous, uneducated and lazy, and these perceptions are damaging. We had an opportunity to show, in video form, that these notions aren’t true.”Kell agrees: “The apartheid struggle wasn’t just fought for the right to vote, but also for the right to a dignified life.”“South Africa has a brilliant constitution, one of the most progressive in the world, but the challenge is for the young people now to hold the country’s leaders to their promises.”The name Dear Mandela, says Kell, was inspired by a story related by one of the lead characters in the film, who is also a leader within the Abahlali structure.The elder statesman had just been voted into power by virtue of being the ANC president at the time the democratic government came into place in 1994, and one of the promises he made to the constituency that had voted for the party – made up largely of poor black people – was that the new government would build them houses.It is a declaration, made along with others, promising a better life for the poor.“One of the young people in the film said he wishes Mandela could come and see how they live, because they don’t think he would be very happy about it,” recalls Kell.Abahlali’s fight for decent living conditionsAt least 10% of South Africans lived in urban informal settlements in 2003, according to research by Southern African NGO Network. Living conditions in these areas remains one of the government’s biggest challenges, with access to basic services such as clean water and sanitation a worrying factor.The Slums Act gave municipalities greater powers to monitor informal settlements and to evict inhabitants whenever the private owners of the land failed to do so. Evictees were also to be housed in transit camps while low-costing public housing was built.The argument from Ablahlali’s perspective was that there was no consultation from the government’s side, and as a matter of principle, the authorities should not have ignored the conditions that force people to leave their homes and move to informal settlements. They also wanted the national government to force its provincial administrators to follow laws that prevent evictions without a court order.South Africa’s informal settlements have been growing exponentially since the new dispensation, a trend that analysts attribute to urbanisation and the constant search for a better life by people who grew up in the former homelands. For instance, nearly one in six people in South Africa live in shacks, a quarter of them in the smallest province by area, Gauteng.Policy changes address slum situationIn 2009 the National Department of Human Settlements released the plans of its informal settlement upgrading programme, the primary goal of which is to facilitate in situ upgrades for the country’s existing settlements, as opposed to moving all communities.The programme is part of the government’s contribution to the UN Millennium Goals, which provide for the significant improvement in the lives of at least 100-million slum dwellers by 2020.The department outlines the key elements of the programme as a)Tenure security that incorporates both rights and obligations by recognising and formalising the tenure rights of residents within informal settlements; b)Health and security, which promotes the development of healthy and secure living environments by facilitating the provision of affordable and sustainable basic municipal engineering infrastructure to the residents of informal settlements; and c) Empowerment, to address social and economic exclusion by focusing on community empowerment and the promotion of social and economic integration.The programme filters down through all three spheres of government. On the ground level, the municipality has to make a decision as to whether a settlement should be earmarked for upgrade through the programme.Upon receipt and approval of the application from the municipality, the provincial department will be responsible for distributing the funding as well as monitoring the rollout of the project, in partnership with the municipality. Conceptualising the rollout of the programme lies with the national department. The most crucial factor throughout the process of the upgrade, however, is that of community involvement, which the programme encourages at all times.In cases where the in situ approach cannot be carried out, and informal settlement communities have to be moved, the programme states that pre-approval of the community involved should be sought.
Share Facebook Twitter Google + LinkedIn Pinterest By Todd NeeleyDTN Staff ReporterOMAHA (DTN) — The Texas attorney general is pressing a federal court in Galveston, Texas, to issue a national injunction on the 2015 waters of the United States, or WOTUS, rule after a court in Ohio denied a similar motion in recent weeks.After a long series of court actions in the past couple of years, a split remains between states still under jurisdiction of the 2015 rule and those that are not.At present, the rule is on hold in 28 states and in effect in 22.In the meantime, the EPA continues a public comment period on a proposed new rule.The states of Ohio and Tennessee had asked the U.S. District Court for the Southern District of Ohio for a national injunction on the 2015 rule. At the end of March, that court denied the request.“Accordingly, the court finds that such relief is not warranted as the states have failed to carry their burden in demonstrating that they will suffer irreparable harm absent a preliminary injunction,” the Ohio court ruled.States and agriculture interest groups have expressed concern the split in jurisdiction has created confusion and is harming stakeholders including farmers and ranchers.On Wednesday, Texas Attorney General Ken Paxton pressed the U.S. District Court for the Southern District of Texas to reconsider the Texas, Louisiana and Mississippi request for a national injunction of the 2015 rule.The three states had asked the Texas court for an injunction on Aug. 22, 2018. The court instead issued an injunction for those three states.“That the Ohio court has chosen to rule inconsistently with every other court to consider the matter underscores 877, the need for this court to act immediately to grant the plaintiff states’ request to enjoin the 2015 WOTUS rule nationwide to provide much-needed protection from immediate and irreparable harm,” Paxton wrote in a notice filed with the Texas court this week.For the past three years, the 2015 WOTUS rule has been hung up by dozens of lawsuits and legal procedures across the country.A number of court and government actions were taken in 2018 on the WOTUS rule, including:— In January 2018, the EPA finalized a rule to delay the 2015 rule by two years to allow for an agency rewrite.— In February, attorneys general in 10 states sued EPA alleging the rule to delay was unlawful. A federal court threw out the rule.— Also in February, the American Farm Bureau Federation and other agriculture groups asked a court in Texas for a national preliminary injunction to prevent the 2015 rule from taking effect.— In June, the same district court in Georgia issued a preliminary injunction against WOTUS in 11 states.— In August, a federal judge in the U.S. District Court for the District of South Carolina ruled EPA did not follow the Administrative Procedures Act in finalizing its rule to delay the 2015 WOTUS for two years. As a result, the rule took effect in 26 states. That meant the rule was on hold in 24 states at that time.— Also in August, the AFBF asked an appeals court in Virginia to stay the ruling in South Carolina.— At the end of August, the AFBF asked the Georgia court to issue a national injunction to prevent the 2015 rule from taking effect.Todd Neeley can be reached at [email protected] him on Twitter @toddneeleyDTN(ES/SK )© Copyright 2019 DTN/The Progressive Farmer. All rights reserved.
After studying thousands of real estate transactions over nearly a decade, researchers in Ontario, Canada, have concluded wind farms have very little impact on property values. In a report posted earlier this month, The Canadian Press said the authors themselves found the results somewhat surprising, “given the public outcry regarding the construction of these turbines.”Researchers from the University of Guelph studied more than 7,000 home and farm sales between 2002 and 2010 in Melancthon Township, where 133 wind turbines were erected between 2005 and 2008, and 10 surrounding towns, the article says.“These turbines have not impacted the value of surrounding properties,” co-authors Richard Vyn and Ryan McCullough said. “Further, the nature of the results, which indicate a lack of significant effects, is similar across both rural residential properties and farm properties.”The study was published in the September issue of the Canadian Journal of Agricultural Economics.The Canadian Press spoke with Dave Launchbury, a real estate agent in the area, who said many potential buyers won’t look at properties that are close to wind turbines. Properties located near turbines, he said, sell for at least 10 percent less than similar properties elsewhere.But those perceptions didn’t hold up in the review.The full text of the article is available online, but it’s behind a pay wall. If you want to read it, you can rent it for 48 hours for $6.To read about two similar studies, see:Wind Farms Have Little Impact on Property ValuesWind Turbines and Property Values
Real Madrid Real Madrid team news: Mayoral preferred to Benzema for Deportivo clash Tom Maston Last updated 1 year ago 22:06 1/21/18 FacebookTwitterRedditcopy Comments(0) Getty Images Real Madrid Primera División Real Madrid v Deportivo La Coruña Deportivo La Coruña The 20-year-old forward leads the line for the Blancos ahead of the France international as Zinedine Zidane looks for a first Liga win in 2018 Karim Benzema has again been left on the bench by Real Madrid for their Liga clash with Deportivo, with Borja Mayoral preferred up front.Cristiano Ronaldo and Gareth Bale start at Santiago Bernabeu, but the pair have not lined up alongside Benzema from the start for any game since April.Isco and Marco Asensio are also named among the substitutes as Zinedine Zidane’s side go in search of their first win in four Liga matches having slipped 19 points behind leaders Barcelona. Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player Mayoral — who spent last season on loan at Wolfsburg — has started just one previous match in the league so far this term, though he did find the net in September’s win over Real Sociedad.Elsewhere, Nacho partners Raphael Varane at the heart of the Madrid defence in the absence of the injured Sergio Ramos and Jesus Vallejo.Madrid have not failed to win four successive Liga matches since 2009, but have a good record against Deportivo, having won 13 of their last 14 matches against the La Coruna outfit.Real Madrid XI vs Deportivo: Navas; Carvajal, Nacho, Varane, Marcelo; Modric, Casemiro, Kroos; Bale, Ronaldo, Mayoral. Subs: Casilla, Theo, Kovacic, Isco, Asensio,, Vazquez, Benzema.Madrid subs: Casilla, Theo Hernandez, Kovacic, Lucas Vazquez, Asensio, Isco, Benzema
“So, although Cabinet is minded to pursue that option, the University of Technology has said that they are not necessarily pursuing that. What they would prefer is to have their own law school, and to that Cabinet has expressed its affirmative position. That is why I am able to indicate that the Government, by policy, is supportive of this particular development,” he added. Cabinet has given approval for the establishment of a law school at the University of Technology (UTech).This was disclosed by Minister of Education, Youth and Information, Senator the Hon. Ruel Reid, at the official opening of a shared facility building at UTech’s Old Hope Road Campus in St. Andrew on December 14.“I am quite aware of the agreement with CARICOM for the establishment of the Norman Manley Law School and its particular and special relationship with the University of the West Indies (UWI), so for us to change that arrangement to allow equity in access to the Norman Manley Law School, we will have to go back and have some amendments to the Treaty of Chaguaramas. That’s one option,” the Minister noted.“So, although Cabinet is minded to pursue that option, the University of Technology has said that they are not necessarily pursuing that. What they would prefer is to have their own law school, and to that Cabinet has expressed its affirmative position. That is why I am able to indicate that the Government, by policy, is supportive of this particular development,” he added.The Minister said this will allow for more trained and certified persons in the profession and can position the country to becoming a hub in providing services in knowledge process outsourcing and legal process outsourcing.Senator Reid pointed out that this forms part of the Government’s position of expanding opportunities for education and training of the workforce.He said the Norman Manley Law School is unable to accommodate all the students who have been pursuing law degrees.In an interview with JIS News, President, UTech, Professor Stephen Vasciannie, said steps will be taken immediately to introduce the law school.“We hope that we can begin in September of the coming year to take our first batch of law school students,” he said.Professor Vasciannie noted that the school will allow graduates of the faculty of law at the university to proceed with their lifelong dream of becoming attorneys-at-law.“I am elated. It is something that I have pushed for quite some time, and members of the Faculty of Law and of the University, generally, are very happy to hear this news,” he said.UWI graduates with a Bachelor of Law (LLB) degree gain automatic entry into the programme at Norman Manley Law School. This is facilitated by Article Three of the Treaty of Chaguaramas.Students earning LLB degrees from other institutions must sit an entrance test and earn a passing grade, which does not guarantee admission.Turning to the significance of the state-of-the-art shared facility, the Minister said it will contribute to improved teaching and learning at the institution.“This has been the single largest infrastructure development for the University of Technology since it transitioned from CAST (College of Arts, Science and Technology), so the Government is very happy about that and it is again consistent with our commitment to continue to invest in education,” he said.The Minister added that the Government will continue to partner with UTech to further expand their capacity to welcome more students. The Minister said this will allow for more trained and certified persons in the profession and can position the country to becoming a hub in providing services in knowledge process outsourcing and legal process outsourcing. Cabinet has given approval for the establishment of a law school at the University of Technology (UTech). Story Highlights
DAWSON CREEK, B.C. — The City of Dawson Creek and Spectra Venue Management, which runs the Encana Events Centre, will be entering into a five-year hosting agreement with Hockey Canada. The partnership, the first of its kind for Hockey Canada, will create a long-term certainty in a location for Hockey Canada and their events. The City says that the agreement will be a great benefit for both the City and the Peace as a whole, bringing positive economic and social impacts to the region. “Hockey Canada has identified Dawson Creek as a great partner community to pilot the concept of a long-term hosting agreement whereby the community and Hockey Canada mutually benefit through long term financial legacy but equally important the social, infrastructure and community hockey legacy” said Dean McIntosh, Hockey Canada’s Vice President of Events and Properties.The partnership is a new model and approach for Hockey Canada towards hosting events. This historic partnership will identify diversity in events with approximately one event being hosted at the Encana Events Centre every 18-24 months. McIntosh said that those events may include the World Parahockey Tournament, the World Junior A Challenge, pre-competition opportunities, training camps, and another as-yet undetermined event.Hockey Canada said that the City of Dawson Creek and the Encana Events Centre have both proven themselves on a number of occasions that the community can host local, national, and international events that can create a positive economic impact to the region. “This is the first agreement of its kind in Canada with an arena and Hockey Canada and we are excited for this partnership,” said Ryan MacIvor, General Manager of the Encana Events Centre. “Hockey Canada will be a primary tenant now until 2024.”At today’s announcement of the partnership, Hockey Canada also announced that Dawson Creek will be hosting the Canadian Women’s National Camp at the Encana Events Centre taking place September 10th-16th. During the week-long camp, both the Dawson Creek Junior Canucks and the Fort St. John Huskies will be playing exhibition games against Canada’s national Women’s team.
VICTORIA, B.C. – The B.C. Coroners Service is launching a new interactive tool that will display key information on active unidentified human remains cases within the province.According to the Coroners Service, the aim of this new tool is to generate new leads that will assist in closing these investigations.The unidentified human remains interactive viewer is a web-mapping application containing spatial, temporal and statistical information on every active, unsolved UHR investigation in the province. The Coroners Service says there are currently just under 200 unsolved and active cases involving unidentified human remains in B.C. Most of these involve cold cases, with the earliest dating back to 1953.B.C. Chief Coroner, Lisa Lapointe, says this new technology will hopefully reach out to members of the public and bring closure to some of these investigations.“By reaching out and engaging members of the public with the launch of this innovative tool, it’s our hope to gain new investigative leads that will lead to the identification of these unidentified individuals and bring closure to their families.”Anyone with information or questions about any of the investigations displayed on the UHR interactive viewer should contact the Special Investigations Unit using the case number provided in the viewer at [email protected] UHR interactive viewer can be viewed on the B.C. Coroners Service’s website.