Month: May 2021 Page 1 of 13

GSEs Foreclosure Prevention Actions Nearly 3.2M through Q1

first_img Delinquency Fannie Mae FHFA Foreclosure Freddie Mac REO 2014-06-27 Colin Robins Sign up for DS News Daily Fannie Mae and Freddie Mac have completed nearly 3.2 million foreclosure prevention actions since the start of the government’s conservatorship of the two companies in 2008. According to the Federal Housing Finance Agency’s Foreclosure Prevention Report, 88,000 actions were performed in the first quarter of 2014 alone.The agency found that foreclosure prevention actions in Q1 allowed 2.6 million borrowers to remain in their homes, while 1.6 million borrowers received permanent loan modifications.”There were nearly 54,700 permanent loan modifications in the first quarter, bringing the total number of permanent modifications to more than 1.6 million since conservatorship,” FHFA said. “In addition, the Enterprises completed approximately 16,100 repayment plans and 2,900 forbearance plans to help delinquent borrowers during the quarter.”Properties currently utilizing the Home Affordable Modification Program (HAMP) totaled 431,000 in the first quarter of 2014.Of all permanent loan modifications in the first quarter, 42 percent reduced monthly homeowner payments by over 30 percent. “Approximately 27 percent of borrowers who received permanent loan modifications during the quarter had portions of their mortgage balance forborne,” FHFA said.The FHFA found that approximately 14,900 short sales and deeds-in-lieu were completed during the quarter, bringing the total to more than 566,800 since the start of the conservatorship.Seriously delinquent loans fell by 8 percent in Q1 2014. Fannie Mae and Freddie Mac’s seriously delinquent rate fell to 2.2 percent at the end of the quarter, compared with 6.7 percent for Federal Housing Administration (FHA) loans, 3.6 percent for Veterans Affairs (VA) loans, and 5.0 percent for all loans.The Enterprises’ 30-59 day delinquency rate fell to 1.4 percent in Q4 2013, while the 60-day plus delinquency rate continued to slide, settling at 2.6 percent in Q4 2013.Foreclosure starts declined 25 percent to nearly 84,700 in Q1 2014, while third-party sales and foreclosure sales fell slightly to 47,300. REO inventory was down as well, dropping 3 percent to roughly 146,000. Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Colin Robins is the online editor for DSNews.com. He holds a Bachelor of Arts from Texas A&M University and a Master of Arts from the University of Texas, Dallas. Additionally, he contributes to the MReport, DS News’ sister site. Share Save About Author: Colin Robins Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Government, Headlines, News The Best Markets For Residential Property Investors 2 days ago GSEs Foreclosure Prevention Actions Nearly 3.2M through Q1 Demand Propels Home Prices Upward 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Delinquency Fannie Mae FHFA Foreclosure Freddie Mac REO Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Home / Daily Dose / GSEs Foreclosure Prevention Actions Nearly 3.2M through Q1 Governmental Measures Target Expanded Access to Affordable Housing 2 days ago June 27, 2014 1,200 Views Previous: Current Mortgage Performance Rate Rises to 93% Next: Treasury Announces Extension of MHA, Efforts to Revitalize PLS Market Demand Propels Home Prices Upward 2 days ago Subscribelast_img read more

GSE Mortgage Portfolio Wind Down Stays on Track

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Fannie Mae Freddie Mac GSE Morgtage Portfolios Urban Institute 2016-04-26 Brian Honea April 26, 2016 1,415 Views Home / Daily Dose / GSE Mortgage Portfolio Wind Down Stays on Track Fannie Mae and Freddie Mac both experienced slight expansions for their mortgage portfolios to start of the year—but the winding down of the portfolios under the FHFA conservatorship is still on track because the values of the portfolios are down relative to where they were a year ago, according to a report from the Urban Institute released Tuesday.The Urban Institute’s Housing Finance at a Glance: March 2016 Chartbook reported that the unpaid principal balance (UPB) in Fannie Mae’s mortgage portfolio, which totaled $346.5 billion at the end of January, was only slightly higher than the 2016 cap of $339.3 billion.Likewise, the UPB in Freddie Mac’s mortgage portfolio as of the end of January, $349.6 billion, was only slightly higher than the 2016 cap.“Both GSEs increased their portfolio slightly in January 2016; this should not be an issue as the GSEs are reasonably close to the year-end 2016 portfolio goal,” the report stated. “Relative to January 2015, Fannie Mae contracted by 16.4 percent, and Freddie Mac by 14.2 percent. They are shrinking their less liquid assets (mortgage loans and non-agency MBS) at close to the same pace that they are shrinking their entire portfolios.”The less liquid assets for the Fannie Mae and Freddie Mac declined at a rates of 14.7 percent and 18.1 year-over-year in January, respectively.In February, the mortgage portfolios returned to contraction for the GSEs after the slight upticks in January. For Freddie Mac, the mortgage-related investments portfolio contracted at an annualized rate of 10.1 percent over-the-month in February—computing to a monthly decline of about $3 billion, down to a balance of about $346.6 billion.Fannie Mae’s gross mortgage portfolio contracted at an annual rate of 27.8 percent in February after January’s rare expansion. The February contraction translated to a month-over-month decline of more than $11 billion down to a value of about $337.2 billion by the end of February—below the 2016 cap of $339.3 billion.Click here to view the entire Chartbook. 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. Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles About Author: Brian Honea Demand Propels Home Prices Upward 2 days ago  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago GSE Mortgage Portfolio Wind Down Stays on Track The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Fannie Mae Freddie Mac GSE Morgtage Portfolios Urban Institute Subscribe in Daily Dose, Featured, News, Secondary Market Previous: Lawmaker Pushes for Next Step in CFPB Reform Next: DS News Webcast: Wednesday 4/27/2016 Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days agolast_img read more

Lenders Find New Strengths In Shared Households

first_img Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily About Author: Kendall Baer Previous: Morgan Stanley Begins to Fulfill RMBS Settlement Debt Next: Ask the Economist: Housing Industry Post Election  Print This Post Related Articles In recent release from Fannie Mae, it was found that more Americans have been creating shared households in which parents, children, grandparents, or other extended family live together in a home and contribute to rent or mortgage. The release finds that extended income households have particular strengths that can be important to lenders.According to Fannie Mae, these households stay together when faced with hardships or when times get tough and are therefore more likely to continue to pay their mortgage, even when house values decline. This is attributed to their incomes being more consistent because their earnings come from multiple sources.The release states that according to a recent working paper by Fannie Mae economist Walter Scott, it was found that almost 30 percent of households are shared, including with relatives and non-relatives. Additionally, it was found that this arrangement appears to be more prevalent in certain ethnic groups compared to others. For example, about 25 percent of non-Hispanic whites have shared households, compared to 36 percent of Asians, and 44 percent of Hispanic households.One of the causes for this trend noted by the release is the Great Recession, which caused a crunch on housing affordability. This affected not only just purchasing a home, but even going out on one’s own and creating a household.Fannie Mae cites the U.S. Census Bureau’s estimate of the total number of households formed in the United States as remaining stagnant during 2012 through most of 2014, and then increasing in 2015. They say that this suggests that it’s difficult, particularly for the younger generation of Americans, to find a place to live on their own.The Pew Research Center also announced in May 2016 findings that indicated for the first time since recording the data, they found more Americans between the ages of 18 and 34 were living at home with their parents than the share of those in the same age group living alone or with a partner and their late entry to homeownership is attributed to the fact that they weathered the economic challenges of the recession and its aftermath.Additionally, the release notes that based on data from the 2013 American Community Survey (ACS) conducted by the U.S. Census Bureau, 15 percent of mortgage holders are in an extended income household. That figure is higher for Asian households at 18 percent, African American households at 20 percent, Hispanic households at 24 percent, and immigrant households at 20 percent.Scott states, “Mortgage lenders… [should] review their treatment of non-borrower and boarder income,” and according to the release, Fannie Mae created the HomeReady mortgage, which takes into account extended-income households in assessing the household’s total income in certain situations.According to Anne McCulloch, Fannie Mae’s senior vice president for credit and housing access, “[Walt’s] research and the HomeReady mortgage are examples of how Fannie Mae focuses on understanding the choices consumers make and building affordable, sustainable mortgages that align with those choices.” 2016-08-10 Kendall Baer Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago 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. The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Lenders Find New Strengths In Shared Households in Daily Dose, Featured, News Demand Propels Home Prices Upward 2 days ago Lenders Find New Strengths In Shared Households Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago August 10, 2016 1,043 Views last_img read more

What’s a HELOC Again?

first_img Previous: Paradatec Passes Fannie Mae Certification Next: Small Step for Women and Minorities, Giant Leap for Mankind The Best Markets For Residential Property Investors 2 days ago Related Articles  Print This Post Home / Daily Dose / What’s a HELOC Again? Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save July 13, 2017 1,644 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago HELOC 2017-07-13 Brianna Gilpin Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Market Studies, News Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] About Author: Brianna Gilpin Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily What’s a HELOC Again? The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: HELOC There comes a time in homeownership where remodeling comes into consideration. Though many wish they had disposable income readily available to renovate their home, most times homeowners find themselves taking out a loan. Recent studies by Bank of America show that more than 36 percent of first-time homebuyers wouldn’t consider using a home equity line of credit, or HELOC, because they simply aren’t aware of what they are or how they work. So how can HELOCs be better explained to buyers so they are aware of the opportunity? To find out more, DS News asked Dave Gorman, Divisional Sales Executive at Bank of America.Q: Other than lack of understanding, what are some reasons people hold back from using a HELOC?A: Lack of understanding is a clear barrier revealed in the 2017 Homebuyer Insights Report. In many cases, homeowners need to wait a few years to grow the equity necessary for a HELOC, and to build a strong overall financial picture. We employ responsible lending standards when it comes to HELOCs, so our clients can be financially successful.Q: What are the advantages of using a HELOC versus a credit card or a loan that is not tied to home equity?A: A HELOC allows owners to secure credit from their home, which can be used for major projects such as home renovations, among other possibilities. HELOCs often have lower interest rates than credit cards and the interest you pay is typically tax deductible. HELOCs also offer a great level of flexibility in payment options as when compared to a credit card.Q: What advice do you have for first time homebuyers to get more educated on HELOCs and other information regarding home buying?A: When considering a HELOC, any owner, whether new or experienced, should consult with a financial advisor or loan officer about the opportunities available to them. It takes time to build the equity necessary, but can be a worthwhile venture due to a HELOC’s flexible nature and many benefits.Making smart improvements can positively affect a home’s value. It’s a good idea to understand your home’s current value and consult with a local real estate expert before investing in significant home improvements. There are tools online that enable you to make these calculations from home.last_img read more

Ask the Economist: Eddie Seiler

first_img The Best Markets For Residential Property Investors 2 days ago Rachel Williams attended Texas Christian University (TCU), where she graduated with Magna Cum Laude with a dual Bachelor of Arts in English and History. Williams is a member of Phi Beta Kappa, widely recognized as the nation’s most prestigious honor society. Subsequent to graduating from TCU, Williams joined the Five Star Institute as an editorial intern, advancing to staff writer, associate editor and is currently the editor in chief and head of corporate communications. She has over a decade of editorial experience with a primary focus on the U.S. residential mortgage industry and financial markets. Williams resides in Dallas, Texas with her husband. She can be reached at [email protected] Home / Daily Dose / Ask the Economist: Eddie Seiler The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Print Features Ask the Economist: Eddie Seiler Tagged with: Ask the Economist Sign up for DS News Daily August 28, 2017 1,674 Views Previous: Hot or Not? Next: 4 Tips for Efficient Document Management Share Save About Author: Rachel Williams Ask the Economist 2017-08-28 Rachel Williams Related Articlescenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Editors Note: This article was originally featured in the July issue of DS News, available now. Dr. Edward Seiler serves as the Chief Housing Economist at Summit Consulting, a specialized analytics firm with deep cross-functional expertise in mortgage finance. He provides thought leadership for Summit’s housing- and mortgage-related projects for both federal and commercial clients. Dr. Seiler previously was Director of Economics at Fannie Mae, where he directed the development and implementation of analytical models used to guide business and policy decisions about credit loss management. He has lectured graduate-level microeconometrics at Johns Hopkins University and published several peer-reviewed articles. Dr. Seiler was previously employed as a manager at Bates White, an economics litigation-consulting firm, and as a postdoctoral fellow at The Hebrew University. He earned his Ph.D. in economics from The University of Chicago.Recently, the Trump administration has proposed large-scale budget cuts to HUD. How should we measure the impact of these cuts?  HUD’s mission is to ensure fair and equal housing access and community development opportunities for all Americans. The White House’s budget cuts of over $6 billion to HUD are thus controversial, and any process to measure their impact needs to be as objective as possible if it is to gain traction. I thus propose a transparent data-driven approach. First, we should use administrative and publicly available data to estimate the pre-cut costs and benefits of each of the affected programs. Second, we should study post-cut substitution effects: Will state and local governments be able to position themselves to meet specific community needs or will the reductions lead to a vacuum? Will private investment take over some programs, and is this even desirable? Once we understand these two elements, HUD will need to evaluate them, prioritize, and take tough decisions.I also urge continued re-evaluation—especially as the economic environment evolves. This way, HUD should be able to efficiently provide opportunities for as many individuals as possible under the new constrained reality.How do HUD programs promote homeownership for Americans? What do you predict for the future of HUD? Since the Great Recession, FHA has played a critical countercyclical role to stabilize the mortgage market. This is true not only for single-family but also for multifamily and health care insurance programs that experienced a fourfold increase in volume from 2008 to 2011. As the economy continues to recover, I expect to see FHA’s market share diminish as nongovernment entities re-enter the market. However, this process will be different than any other we have witnessed because it crucially depends on the future status of the GSEs.What HUD will look like in the coming decades also depends on how it accommodates the aging baby boomer cohorts. By 2030 almost 20 percent of the U.S. population will be over the age of 65, compared to 12 percent in 2000. HUD currently provides mortgage insurance for residential care facilities and hospitals; its reverse Home Equity Conversion Mortgage enables seniors to “age-in-place.” Other HUD programs, such as the Section 202 voucher program, provide vital assistance for the elderly. I anticipate that these programs will play an increasing role in the economy, assuming HUD has the budget to execute them. Moreover, I believe that HUD will need to be flexible and provide new programs to the elderly that, if left to the private market, would be lacking.Currently, the future of the GSEs is also being questioned. What do you foresee for the enterprises moving forward? Recently, leading industry experts have weighed in with multiple proposals that detail principles and recommendations for GSE reform and even provide roadmaps to minimize housing finance disruptions during the transition. Since these proposals are like one another in many respects, I believe that it will not take too great a leap of faith to reach a general consensus for a plan of action.Meanwhile, foundations for GSE reform are moving ahead. The GSEs are taking strides to become guarantor companies, the Common Securitization Platform that integrates the GSEs’ various and antiquated securitization systems is now scheduled to arrive in 2019, and the GSEs now have meaningful credit-risk transfer programs. These three pieces, together with a federal insurance fund to cover catastrophic risk, will likely constitute the basis for the new market structure. In recent testimony, Treasury Secretary Mnuchin said GSE reform remains a priority, and that he would share ideas in the second half of 2017. It thus appears that as soon as there is a political will to move ahead with reform, it can happen. Only time will tell. In July, Fannie Mae will raise its DTI requirements. What impact will this have for borrowers? By raising the DTI ceiling to 50 percent and loosening the credit box, Fannie Mae is likely making a play to attract more student loan-laden millennials to homeownership. I am not worried by this move—Fannie’s research team, where I used to work, claims that the additional default risk is minor. With that said, will this move have a widespread impact? The consensus is that lender credit overlays—driven by the existing housing finance system’s structure—are the main reasons for tight credit.The good news is that structural changes are happening. The GSEs have made major progress in tackling reps and warrants risk and steady progress in coming to grips with litigation (False Claims Act) risk. However, the industry is still in need of a structural upheaval in servicing where costs are high and uncertain, and progress has been slow. Per the MBA, the cost of servicing a nonperforming loan quintupled to almost $2,400 between 2008 and 2015. I therefore believe that without addressing servicing compensation and costs, lenders and servicers will continue to restrict the credit box beyond investor guidelines, and loosening DTI ceilings will only have limited effect. What are the biggest challenges currently facing mortgage servicers? In addition to the compliance and fee structure challenges I touched on above, two challenging areas include the rising interest-rate environment and the increasing role of nonbank servicers who serviced a quarter of all mortgages in 2015.Rising interest rates are a mixed blessing for mortgage servicers. After a long period of low-interest rates and a slow and uneven recovery, uncertainty about the value of servicing remains as rates rise. Slower prepay speeds should lead to rising MSR valuations, but rising rates could cause additional delinquencies in fragile markets leading to additional servicing costs and reduced valuations.I believe the rapidly increasing share of nonbank servicing—a trend that continues as Citigroup plans to exit servicing—is a challenge to the industry because of what could happen in the next economic downturn. While nonbanks appear to be more proficient at managing the rising costs of servicing, a 2016 GAO report noted that they do not have, as a group, the same regulatory scrutiny as banking institutions. I worry that if CFPB’s budget is severely cut in FY 2018, we may remain far from achieving a prudent level of compliance. I am also worried about nonbanks’ lower capital requirements. These risk factors could lead to major problems in the next economic downturn. What aspects of servicer scorecards drive their success? One of the projects I am most proud of being part of in the last decade was the analytical design of Fannie’s STAR servicer scorecard. While all scorecards have controversial and imperfect aspects, I believe that the enhanced use of data to provide servicer oversight has led to major improvements in loan performance. STAR was an example of smart regulation—using objective data science to drive desired outcomes.Data-driven scorecards often fail, however, because they are overly complex and opaque black boxes. The STAR scorecard’s success was due to leveraging readily available servicing data and adopting a straightforward and transparent analytical methodology, which I believe Fannie was shrewd to disseminate through the internet. STAR shows that transparency and simplicity are critical for scorecard success. Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Freddie Mac On Track to Single Security

first_imgHome / Daily Dose / Freddie Mac On Track to Single Security Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Kristina Brewer is the Editorial Assistant of Publications for the Five Star Institute, including DS News and MReport magazine. She is a graduate of the University of North Texas (UNT), where she received her Bachelor of Arts in English with a concentration in rhetoric and writing and a minor in global marketing. During this time, she served as Director of Philanthropy in the national women’s fraternity Zeta Tau Alpha, of which she is an alumna. Her passion for philanthropy continued after university when she was an intern at Keep Denton Beautiful, a local partner of Keep America Beautiful, where she drove membership, organized events, and led social media campaigns. Brewer honed her writing at the North Texas Daily, UNT’s student-run newspaper where she wrote about faculty, mentorship, and student life. Brewer also previously worked at Optimus Business Plans where she helped start-ups create funding proposals, risk assessments, and management plans. August 2, 2018 2,065 Views In an effort to provide more liquidity and lower costs for borrowers, Freddie Mac has announced that it will begin issuing new 55-day “mirror” mortgage-backed securities. These securities will be available for the current population of exchange-eligible 45-day Freddie Mac Gold Participation Certificates (PCs) and Giant PCs to facilitate the implementation of the Single Security Initiative on June 3, 2019, according to the press release.“We believe the early issuance of mirror securities will enable market participants to both analyze their holdings and build in pricing and disclosure in advance of the official exchange offer next May,” said Mark Hanson, SVP of securitization at Freddie Mac. “This is an important step toward the implementation of the Single Security Initiative in June 2019, paving the way for a combined Freddie Mac and Fannie Mae $3.5 trillion market of a To-Be-Announced Uniform Mortgage-Backed Security. The Single Security Initiative is intended to strengthen the U.S. mortgage market by providing more liquidity and lowering costs for borrowers.”The initial issuance of these mirror securities are expected to begin on August 7 and will take approximately 8 weeks. Mirror security disclosures will be available on August 10, 2018. The organization anticipates over 70,000 mirror securities to be issued in this period, corresponding to the population of exchange-eligible PCs and Giants. Freddie Mac will continue to issue mirror securities as new exchange-eligible 45-day securities are produced, the statement said.All the mirror securities will be held in a Freddie Mac account at the Federal Reserve until the organization commences the exchange offer in May 2019. Investors will then be able to exchange eligible 45-day PCs and Giants for corresponding 55-day mirror mortgage-backed securities on a one-for-one basis. Gold PC and Giant holders are expected to be able to choose between two alternative exchange paths: one facilitated by a dealer using Freddie Mac’s Dealer DirectSM portal or directly with Freddie Mac. The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago 2018-08-02 Kristina Brewer Freddie Mac On Track to Single Security About Author: Kristina Brewer Share Save Previous: Court of Appeals Addresses Debt Collector License Requirements Next: The Industry Pulse: Update on Stern & Eisenberg, New Diligence Advisors, and More Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Headlines, Investment, Journal, News Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

DOE approves demolition of Derry shirt factory

first_img Pinterest LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Need for issues with Mica redress scheme to be addressed raised in Seanad also Newsx Adverts Facebook Google+ Google+ The North’s Department of Environment has approved the demolition of the former Hamilton factory at John Street in Derry.The building is not listed but is in a conservation area. Once Derry City Council endorses the notice to approve, a decision notice permitting the demolition will issue immediately. A meeting involving council officials is ongoing this afternoon.Environment Minister Alex Attwood said: “No-one likes to see an old building, especially one which was part of the fabric and rich heritage of Derry go, but safety concerns dictate this building be demolished as quickly as possible”.There has been significant traffic disruption in the city since the Foyle Road was closed last night from the bottom deck of Craigavon Bridge to John Street Roundabout. WhatsApp Twitter Facebook By News Highland – January 13, 2012 center_img Pinterest WhatsApp DOE approves demolition of Derry shirt factory Calls for maternity restrictions to be lifted at LUH Previous articleBundoran family hospitalised with carbon monoxide poisoningNext articleSoccer – Gibson Joins Everton News Highland Guidelines for reopening of hospitality sector published Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Almost 10,000 appointments cancelled in Saolta Hospital Group this week RELATED ARTICLESMORE FROM AUTHOR Twitterlast_img read more

Eagle project co-ordinator fears the worst as two more birds are missing

first_img Pinterest Eagle project co-ordinator fears the worst as two more birds are missing Google+ Facebook WhatsApp Dail hears questions over design, funding and operation of Mica redress scheme Newsx Adverts WhatsApp The co-ordinator of the Golden Eagle Project says he fears the initiative could fail if there are more cases of poisoning in Donegal.Lorcan O’Toole was speaking after it emerged yesterday that a White tailed Eagle released in Kerry three years ago was found poisoned in the Bluestacks three weeks ago.Today, on Highland Radio’s Shaun Doherty Show, Mr O’Toole said there are two birds missing which had previously nested in the Bluestacks, and he fears they too may be dead.He says the vast majority of farmers and locals are law abiding and do not use poisons, but it will only take a few people to threaten the future of the project……….[podcast]http://www.highlandradio.com/wp-content/uploads/2012/05/lotoo530.mp3[/podcast] Twitter Dail to vote later on extending emergency Covid powers Pinterestcenter_img Minister McConalogue says he is working to improve fishing quota 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report RELATED ARTICLESMORE FROM AUTHOR HSE warns of ‘widespread cancellations’ of appointments next week Facebook By News Highland – May 17, 2012 Previous articleCriticism as Quinn refuses to meet with School Transport GroupNext articleUse of trolleys in Emergency Departments under scrutiny after HIQA report News Highland Google+ Man arrested in Derry on suspicion of drugs and criminal property offences released Twitterlast_img read more

Civil case linked to 2008 Dunlewey crash is interrupted by DPP

first_img Dail hears questions over design, funding and operation of Mica redress scheme Facebook Dail to vote later on extending emergency Covid powers HSE warns of ‘widespread cancellations’ of appointments next week WhatsApp Previous articleDonegal’s mayor urges government to raise undocumented Irish during Obama visitNext articleGarda Chief Superintendent believes that Lifford man was member of IRA in 2010 News Highland Pinterest Man arrested on suspicion of drugs and criminal property offences in Derry The DPP has interrupted a civil trial in which an elderly man is being sued after his car swerved into another vehicle resulting in spinal injuries to a child.81-year-old William Barr of Middletown, Gweedore, Co Donegal lost his own wife in the crash and claims he’s not liable because the incident was caused by a medical ailment.William Barr is being sued by Ronan McGarvey the father of 7 year old Noirin who is in a wheelchair as a result of the crash near Dunlewey on May 27th 2008.In the first case of its kind, the 81 year old defendant says he lost control of the car because of a medical ailment and he’s arguing he should be indemnified by his local GP.But this afternoon lawyers representing the DPP interrupted the case on its third day as the girl’s mother Sonia was giving evidence.The court was informed the Director of Public Prosecutions is very concerned because the car crash has given rise to criminal proceedings that are still live in Donegal and listed for hearing in July.The case has been adjourned until this afternoon to decide whether this civil trial should continue. Newsx Adverts PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Twittercenter_img Google+ WhatsApp By News Highland – May 19, 2011 Facebook Civil case linked to 2008 Dunlewey crash is interrupted by DPP Pinterest Google+ RELATED ARTICLESMORE FROM AUTHOR Twitter Man arrested in Derry on suspicion of drugs and criminal property offences released last_img read more

Mac Lochlainn says NTPF cannot be a substitute for investment in health

first_img By admin – August 12, 2016 Facebook Facebook Main Evening News, Sport and Obituaries Tuesday May 25th Pinterest Twitter Previous articleLettekenny people invited to watch Olympic Final at the home of Sinead JenningsNext articleNew housing waiting list proposals may reduce refusals – Slowey admin WhatsApp Google+ Gardai continue to investigate Kilmacrennan fire Twitter Donegal Senator Padraig Mac Lochlainn says its vital that measures being introduced to tackle hospital waiting lists do not support and promote privatisation at the expense of investment in the public health service.Latest figures received by Senator Mac Lochlainn show over 15,000 Donegal people on hospital waiting lists, almost 4,500 of whom have been waiting for more than 9 months.He says use of the National treatment Purchase Fund will be necessary to tackle the immediate crisis, but is calling for a clear plan from Government for investment in the public health system………..Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/08/pod.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.center_img Homepage BannerNews Mac Lochlainn says NTPF cannot be a substitute for investment in health WhatsApp RELATED ARTICLESMORE FROM AUTHOR 365 additional cases of Covid-19 in Republic Man arrested on suspicion of drugs and criminal property offences in Derry Google+ Further drop in people receiving PUP in Donegal 75 positive cases of Covid confirmed in North Pinterestlast_img read more

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