Month: May 2021

RESPA Claims Cited by Foreclosure Defendants Fall Flat in Florida

first_img About Author: Kerri Panchuk Kerri Panchuk is an attorney and financial writer with more than a decade of experience covering real estate, default servicing, residential mortgage-backed securities, retail, macroeconomics, and commercial real estate. Panchuk graduated from the Southern Methodist University Dedman School of Law and texas Tech University, Panchuk previously served DSNews.com as online managing editor/producer and webcast anchor. In April, she rejoined the Fiver Star Institute as executive director of member groups, overseeing the development and growth of the National Appraisal Congress and Title and Closing Coalition. Panchuk is a member of the State Bar of Texas. October 13, 2015 6,474 Views Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Previous: Technology Figures to Play a Significantly Greater Role in the SFR Market Next: Removing Waste from the Process is Key to Keeping Costs Down in SFR Rehab Data Provider Black Knight to Acquire Top of Mind 2 days ago RESPA Claims Cited by Foreclosure Defendants Fall Flat in Florida Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days agocenter_img Tagged with: Florida Foreclosure Homeowners Real Estate Settlement and Procedures Act in Daily Dose, Featured, Foreclosure, Government, News Demand Propels Home Prices Upward 2 days ago Florida Foreclosure Homeowners Real Estate Settlement and Procedures Act 2015-10-13 Kendall Baer Homeowners using the Real Estate Settlement and Procedures Act (RESPA) as a shield to foreclosure saw their claims fall flat in Florida court in recent months.At least two cases decided by the United States District Court Southern District of Florida ended with the court siding against the homeowners and for the servicers, giving financial firms a bit more room when interpreting a significant part of RESPA.Essentially, two cases – Russel v. Nationstar and O’Brien v. Seterus – tested the limits of a provision in RESPA, which requires servicers to respond to all written requests from borrowers who ask for information on their loans, including servicing information and payment schedules.In Russel v. Nationstar, a borrower facing foreclosure claimed that Nationstar failed to provide a complete profile of the homeowner’s loan payment history. This report largely stemmed from the fact that the loan was previously transferred from another servicer. To retrieve the payment history, the borrower filed a series of qualified written requests to the servicer asking multiple times for their complete payment history, which dated back to a previous financial institution.Because Nationstar did not provide an entire listing of each payment made to the prior servicer, the borrowers claimed their request for information under RESPA had not been met. The court sided with Nationstar, noting that all of the borrower’s responses were met and that the loan had not been delinquent at any time before Nationstar took over the servicing component. Based on the provisions outlined in RESPA, the court sided with the servicer and agreed Nationstar complied with the law by responding to each interrogatory issued by the borrower.In O’Brien v. Seterus, borrowers claimed that the their rights under RESPA had been denied when the servicer in this case failed to respond in detail to the borrower’s inquiry on why the property facing foreclosure was under the microscope through a series of drive-by inspections. The court sided with Seterus, noting that the servicer sent a 52-page response, including a basic explanation as to why drive-by inspections had taken place.The takeaway from both cases is that borrowers expecting to use the response requirement highlighted for financial firms in RESPA as a shield are at risk of overreaching – especially when the lender has a complete recording all of its responses and is found in good faith to have responded to the applicable questions. Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / RESPA Claims Cited by Foreclosure Defendants Fall Flat in Florida The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Savelast_img read more

Foreclosure Sales Are Way Down—But So Are Solutions

first_img  Print This Post November 30, 2015 1,727 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles in Daily Dose, Featured, Foreclosure, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Foreclosure Alternatives foreclosure sales HOPE NOW 2015-11-30 Brian Honea Foreclosure Sales Are Way Down—But So Are Solutions While the data released on foreclosure sales and starts for the third quarter indicated substantial declines as those totals move toward pre-crisis levels, the number of non-foreclosure workout solutions seems to be declining at nearly the same rate, according to data released by HOPE NOW on Monday.HOPE NOW reported that the mortgage industry assisted approximately 337,000 homeowners in Q3 with non-foreclosure solutions that included both home retention and home forfeiture workout plans. By comparison, the industry completed 76,000 foreclosure sales during the quarter, which calculates to a ratio of 4.4 non-foreclosure solutions for every one foreclosure sale that was completed during the three-month period.While the number of foreclosure sales completed dropped significantly both over-the-quarter (15 percent, down from 89,000) and over-the-year (31 percent, down from 110,000) in Q3 2015, the number of non-foreclosure solutions also declined at similar rates—18 percent over-the-quarter (down from 411,000) and 28 percent over-the-year (down from 469,000).“As loss mitigation efforts have slowed down overall, we are still very focused on markets where recovery has been slower, where unemployment rates remain high and where affordability gaps exist,” HOPE NOW Executive Director Eric Selk said. “Our approach to housing has evolved over the years as the market has shifted from crisis to recovery and our members remain committed to achieving stability in the market.”Out of the 337,000 non-foreclosure solutions completed by the industry in Q3, approximately 98,000 were permanent loan modifications, 21,000 were short sales, and 218,000 included repayment plans, deeds-in-lieu-of-foreclosure agreements, or other retention plans, according to HOPE NOW. Within those 98,000 permanent loan modifications, approximately 69,000 homeowners completed proprietary loan modifications while approximately 29,000 completed modifications under the government’s Home Affordable Modification Program (HAMP).Foreclosure starts also declined substantially in Q3 both over-the-quarter down to 159,000 (9 percent, down from 176,000) and over-the-year (26 percent, down from 215,000), according to HOPE NOW.HOPE NOW, a voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, has hosted eight loss mitigation events in 2015 in areas hit hardest by the foreclosure crisis.“The data we have collected at our loss mitigation events in 2015 is painting a very clear picture of borrower profiles and what mortgage servicers are able to offer their at-risk customers,” Selk said. “Through eight events this year, 81 percent of attendees are either delinquent on their mortgage or in imminent default and 36 percent are first time applicants for a loan modification. That shows a clear need for immediate attention. Of the borrowers on site, 64% are reviewed for some sort of long term retention option, with another 5 percent reviewed for a short term retention solution such as forbearance.” Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago 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. Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save The Best Markets For Residential Property Investors 2 days ago Subscribe Tagged with: Foreclosure Alternatives foreclosure sales HOPE NOW Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: Clayton Holdings Hires EVP of Sales & Marketing Next: Two Years In, Overall Performance of SFR Securitizations Remains Strong About Author: Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Foreclosure Sales Are Way Down—But So Are Solutions Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

NTC’s Dave LaRose Contributes to MISMO’s New Business Glossary

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post NTC’s Dave LaRose Contributes to MISMO’s New Business Glossary Sign up for DS News Daily Nationwide Title Clearing (NTC) , a post-closing services provider for financial institutions, investors and servicers, announced that Dave LaRose, NTC’s VP of Technical Excellence will volunteer to support the Mortgage Bankers Association’s Mortgage Industry Standards Maintenance Organization (MISMO) as it works to create a mortgage industry Business Glossary. MISMO announced plans to create the glossary earlier this year and called for industry volunteers to support the effort.”Dave is an ideal candidate to support this effort,” said NTC CEO John Hillman. “With over 30 years of experience, he has worked as a notary, a title researcher, a real estate agent, a real estate investor and with us as our resident industry expert. In every role, he has mastered the technologies required to succeed and speaks that language fluently. He will have a great impact on MISMO’s effort.”According to MISMO, the Glossary will reflect all processes in the mortgage industry, from initial borrower queries to loan payoff and all events in between, including the provision of services by vendors to regulatory reporting. MISMO hopes the effort will reduce complexity and enable broader use of the organization’s existing data standards.LaRose has been with NTC for the past 20 years. During that time, his responsibilities have included developing technical procedures and making them understood and applied by all personnel. He has also helped NTC develop and establish new lines of service, and was instrumental in developing the training courses and seminars that have contributed to NTC’s unprecedented 99.98% statute compliance rate and .77% reject rate at all 3600+ counties nationwide.”This is an important task,” LaRose said. “I’ve worked with plenty of people in our own industry who were in management and still couldn’t define what a mortgage actually is. I can think of three definitions for this word off the top of my head including one as a verb. It’s time we set the standard.” Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago June 14, 2017 1,371 Views in Featured, Headlines, News The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Home / Featured / NTC’s Dave LaRose Contributes to MISMO’s New Business Glossary Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: MISMO Mortgage Bankers Associations Mortgage Industry Standards Maintenance Organization Nationwide Title Clearing NTC The Best Markets For Residential Property Investors 2 days ago Previous: ClosingCorp Introduces SmartEngine Next: IDS Announces New Document Preview Feature Demand Propels Home Prices Upward 2 days ago MISMO Mortgage Bankers Associations Mortgage Industry Standards Maintenance Organization Nationwide Title Clearing NTC 2017-06-14 Staff Writer About Author: Staff Writer Subscribelast_img read more

Addressing Reverse Mortgages After the Death of a Borrower

first_img Previous: Ask the Economist: An Increasing Interest in Financial Services Next: The Next Generation of Professionals in Mortgage and Housing  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Foreclosure, Journal, News About Author: David Wharton Related Articles Demand Propels Home Prices Upward 2 days ago April 30, 2018 4,434 Views The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Lender OneWest Bank has won a victory in a recent foreclosure case involving deceased borrowers and non-borrowing spouses, with a Florida appeals court reversed an earlier ruling in the case.The events surrounding the case of OneWest Bank, FSB v. Palmero began in December 2006 when Florida couple Roberto and Luisa Palmero took out a reverse mortgage with Value Financial Mortgage Services. After Palmero passed away two years later, the lender eventually attempted to foreclose on the property. Luisa Palmero fought the foreclosure, arguing that, since she was not a signatory on the original home equity conversion mortgage paperwork, she should be able to remain in the home as a non-borrowing spouse.Previous rulings in Smith v. Reverse Mortgage Solutions, Inc. and Edwards v. Reverse Mortgage Solutions, Inc. had found that the surviving spouses of reverse mortgage borrowers also qualified as borrowers and thus would have the right to remain in the home after the death of the borrowing spouse. While Luisa Palmero won an initial victory in the case, Florida’s Third District Court of Appeal reversed that decision in favor of OneWest Bank, who had inherited the loan from Value Financial.“To the extent there was any confusion or inconsistency in the mortgage, it was cleared up by the note, loan application, loan agreement, and non-borrower spouse certification, which unequivocally provided that Mrs. Palmero was not the borrower for the reverse mortgage and defined Mr. Palmero as the borrower,” the court wrote in the decision.James W. Wright, Jr., Partner, Bradley Arant Boult Cummings, said, “Palmero demonstrates that a lender may demonstrate that the surviving spouse is not a ‘borrower’ under the mortgage by introducing the other documents executed at the time the loan is originated—most significantly, the non-borrower spouse ownership interest certification, in which the non-borrowing spouse expressly recognized the fact that the borrower’s death would allow the lender to accelerate the loan and proceed to foreclosure.”“It appears that the Third DCA ruled correctly, under the facts of the case,” said Michelle Garcia Gilbert, Managing Partner, Gilbert Garcia Group, P.A., “but it interesting that the loan documents in question required the surviving spouse to acknowledge that the property would be sold ‘unless another means of repayment [was] obtained.’ Given the new CFPB rules, effective April 19, 2018, requiring a confirmed successor-in-interest to be treated like a borrower, I wonder if this situation would turned out differently today, if the non-borrowing, surviving spouse were able to assume or refinance the loan, depending upon the type of reverse mortgage this was. Also, HUD may be reviewing these types of cases to see if changes to reverse mortgage products should be made.”“The court actually dodges the most-significant issue—whether the federal reverse mortgage statute prohibits foreclosing a reverse mortgage on a surviving spouse still living in the mortgaged residence,” said Anthony Smith, Shareholder, Sirote & Permutt, PC. “Instead, it concluded that because the defendant did not properly raise the issue, the trial court could not rely upon the statute as the basis of its decision.”“The appellate court’s decision is correct,” said Sonia H. McDowell, Associate Attorney at Quintairos, Prieto, Wood & Boyer, P.A. “The Palmeros received loan disbursements for over a year. Pursuant to the terms of the agreement, Mrs. Palmero agreed to move from the residence upon her husband’s passing, unless she found alternative means of repayment. Mr. Palmero passed in August of 2008 and based on the lower court case number, the foreclosure action was filed at some point in 2010. Mrs. Palmero continued to enjoy free use of property for the past 10 years, in spite of her agreement to the contrary. This opinion highlights the fact that neither the trial court, nor the appellate court, can rewrite the parties’ contract. Both parties agreed that Mrs. Palmero was a ‘non-borrower’ responsible for either repaying the debt or vacating the property upon her husband death. Having done neither, the bank’s foreclosure was proper.” Home / Daily Dose / Addressing Reverse Mortgages After the Death of a Borrowercenter_img Tagged with: Foreclosure FSB v. Palmero HECM Home Equity Conversion Mortgages Non-Borrowing Spouses OneWest Bank Reverse Mortgages The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Data Provider Black Knight to Acquire Top of Mind 2 days ago Addressing Reverse Mortgages After the Death of a Borrower Servicers Navigate the Post-Pandemic World 2 days ago Foreclosure FSB v. Palmero HECM Home Equity Conversion Mortgages Non-Borrowing Spouses OneWest Bank Reverse Mortgages 2018-04-30 David Wharton Sign up for DS News Daily Subscribelast_img read more

Setting the Report Straight

first_img Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] Almost a month after taking office as president and CEO of Ocwen Financial Corporation, Glen Messina led a conference call with investors on Tuesday to outline the company’s path to “transform to a stronger, more efficient company,” amidst a GAAP net loss of $41.1 million, and a pre-tax loss of $40.3 million. The company generated a revenue $283 million and cash flows from operating activities of $93.7 million–ending the quarter with $254.8 million of cash.Ocwen also recorded pre-tax losses in its servicing segment ($13.9 million), lending segment ($2.1 million), and reverse mortgage lending business ($0.9 million).However Messina spoke about factors outside of these results which point toward growth in the future—primarily the company’s recent acquisition of PHH. Under the terms of the Merger, Ocwen acquired all outstanding shares of common stock of PHH for $358 million in cash.[Read more about the PHH acquisition here]“In the near term, our goal is returning to profitability in the shortest time-frame possible, taking into consideration the robust, prudent integration process we are undertaking. We believe our return to profitability will largely depend on realization of acquisition synergies and our ability to replenish portfolio runoff, among other factors,” he added. Ocwen attributed its Q3 losses to lower revenue from smaller portfolio and higher professional fees. In addition, reverse mortgage lending industry continues to adjust to the impact of HUD program changes introduced in the fourth quarter of 2017. Other key highlights:The combined Ocwen and PHH servicing portfolio totaled 1.7 million loans representing unpaid principal balance of $287 billion as of September 30, 2018.The company completed 9,179 modifications in the quarter to help struggling families stay in their homes, 15 percent of which included debt forgiveness totaling $44 million.Delinquencies decreased from 8.3 percent at June 30, 2018 to 7.8 percent at September 30, 2018, primarily driven by loss mitigation efforts.In the third quarter of 2018, Ocwen originated forward and reverse mortgage loans with unpaid principal balances of $172.3 million and $147.5 million, respectively.To view the full financial results, click here. Servicers Navigate the Post-Pandemic World 2 days ago About Author: Donna Joseph Tagged with: Glen Messina HUD mortgage Ocwen PHH Servicing  Print This Post Share Save Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago Glen Messina HUD mortgage Ocwen PHH Servicing 2018-11-06 Rachel Williamscenter_img 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 November 6, 2018 1,166 Views Setting the Report Straight Demand Propels Home Prices Upward 2 days ago Previous: Top 10 Cities for Veterans Next: The “Potential Concerns” Troubling Wells Fargo Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Setting the Report Straight in Daily Dose, Featured, Market Studies, News Subscribelast_img read more

Megabank CEOs Meet With Congress

first_img On Wednesday, the U.S. House Committee on Financial Services held a hearing titled “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis.” CEOs of eight of the largest U.S. banks attended as witnesses, including Michael L. Corbat, CEO, CitiGroup; James Dimon, Chairman and CEO of JPMorgan Chase & Co.; James P. Gorman, Chairman and CEO of Morgan Stanley; Brian T. Moynihan, Chairman and CEO of Bank of America; Ronald P. O’Hanley, President and CEO of State Street Corporation; Charles W Scharf, Chairman and CEO of Bank of New York Mellon; and David M. Solomon, Chairman and CEO of Goldman Sachs.In her opening statement, Chairwoman Maxine Waters asked what improvements the banks have made in the years since the financial crisis.“The purpose of this hearing is to review the activities of these megabanks and examine how they are operating today,” Waters said. “Ten years ago, the CEOs appeared before this very Committee to discuss the financial crisis and the massive bailout taxpayers provided. A decade later, what have they learned? Are they helping their customers, and working to benefit the communities they serve? Or are the practices of these banks still causing harm?”James Dimon discussed in his opening statement on the impact of excessive regulation and bureaucracy.“Excessive regulation for both large and small companies has reduced growth and business formation without making the economic system safer or better,” Dimon said in his testimony. “The ease of starting a business in the United States has worsened, and both small business formation and employment growth have dropped to the lowest rates in 30 years.”Dimon continued, “We need strong regulations, and we have to get better at effectively implementing them—accomplishing the desired good outcomes—while minimizing unnecessary costs and bad unintended consequences.”Representative Gregory Meeks asked the witnesses if they and their bank have looked at any alternatives to foreclosure “in the face of financial shock.”In response Brian Moynihan stated that Bank of America “does everything it can.”“Foreclosure is the last resort for the borrower, and the last resort for the lender,” said Moynihan. Moynihan also noted the centers opened by Bank of America aimed at assisting borrowers facing foreclosure face to face.Other topics discussed in the hearing included diversity and technology, including the risks tech poses.Watch the full hearing and find the written testimonies here. Home / Daily Dose / Megabank CEOs Meet With Congress About Author: Seth Welborn in Daily Dose, Featured, Government, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago April 10, 2019 1,148 Views  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Bank of America Bank of New York Mellon Citibank Congress Goldman Sachs JPMorgan Chase mortgage Senate State Street 2019-04-10 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Share Savecenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Previous: Top 10 Home Features for Baby Boomers Next: The Profitability of House Flipping The Best Markets For Residential Property Investors 2 days ago Tagged with: Bank of America Bank of New York Mellon Citibank Congress Goldman Sachs JPMorgan Chase mortgage Senate State Street Megabank CEOs Meet With Congress The Best Markets For Residential Property Investors 2 days agolast_img read more

The Week Ahead: Economic Activity’s Growth Measured

first_img The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Share 1Save On Wednesday, the Federal Reserve will release its latest Beige Book , a publication about current economic conditions across the 12 Federal Reserve Districts. The Book is published eight times per year, and summarizes key economic conditions by each of the Fed districts. The last Book revealed increased economic activity across the U.S.Eight of the 12 Federal Reserve Districts reported modest to moderate growth. The majority of Districts indicated that manufacturing expanded, but that growth had slowed, particularly in the auto and energy sectors. New home construction and existing home sales were little changed, with several Districts reporting that sales were limited by rising prices and low inventory. Commercial real estate activity was also little changed on balance. Most Districts reported modest to moderate growth in activity in the nonfinancial services sector, though a few Districts noted that growth there had slowed.According to the Book, residential real estate markets saw ongoing price increases and mixed sales results; contacts in a couple of markets cited greater “balance” as local shortages of housing inventory eased somewhat. While retailers (including an auto dealer) and manufacturers said sizable tariff increases would pose significant problems if they occurred and many respondents cited uncertainty, outlooks remained mostly positive.Closed single-family sales were up year-over-year from November 2017 to November 2018 in Rhode Island, Boston, and Maine, and down in Massachusetts and New Hampshire. Residential markets in Rhode Island and Boston became more balanced in recent months, with growing supplies of homes for sale and moderation in the pace of home price appreciation. Despite a seller’s market environment, contacts said real estate was a preferred investment choice, given the volatile U.S. stock market.Here’s what else is happening in The Week Ahead:Eighth Annual AEI-CRN Housing Conference (October 16-17)Affinity Consulting 2019 Management Symposium (October 16-17)Census Bureau Housing Starts (October 17)Census Bureau Building Permits Survey (October 17)The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress (October 17) Home / Daily Dose / The Week Ahead: Economic Activity’s Growth Measured 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 About Author: Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles  Print This Post Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. October 11, 2019 964 Views Tagged with: CFPB Economy Federal Reserve Servicers Navigate the Post-Pandemic World 2 days ago Previous: What’s Behind Racial Disparities in Homeownership? Next: New Technology Released to Improve Efficiency, Automation The Week Ahead: Economic Activity’s Growth Measured in Daily Dose, Featured, Government, News Sign up for DS News Daily CFPB Economy Federal Reserve 2019-10-11 Seth Welbornlast_img read more

Donegal TD accuses education minister of electioneering on small schools

first_img Facebook Google+ Help sought in search for missing 27 year old in Letterkenny Google+ WhatsApp Three factors driving Donegal housing market – Robinson WhatsApp By News Highland – May 19, 2014 Positive noises from Education Minister Ruari Quinn on the future of small schools are being dismissed as a pre-election gimmick by Fianna Fail’s Education Spokesperson.Deputy Charlie Mc Conalogue says the minister’s comments at the weekend that government policy on small schools will be reviewed is too little too late, as is his assertion that schools should be dealt with on an individual basis.Deputy Mc Conalogue says budgets have been slashed, class sizes increased, and if the minister is serious about improving the situation, he should move to permanently restore works programmes and provide schools with the funding they need:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/05/charl830.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. News NPHET ‘positive’ on easing restrictions – Donnelly Pinterestcenter_img Twitter Facebook Twitter RELATED ARTICLESMORE FROM AUTHOR Previous article28% increase in housing list in County DonegalNext articleDiversion put in place following Lifford bridge crash News Highland Donegal TD accuses education minister of electioneering on small schools Pinterest 448 new cases of Covid 19 reported today Calls for maternity restrictions to be lifted at LUH Guidelines for reopening of hospitality sector publishedlast_img read more

Police arrest man in Derry shooting investigation

first_img WhatsApp Twitter By News Highland – November 22, 2011 Previous articleDiesel price hikes will hit Donegal hard – AANext articleMoney intended for Ebrington may have been spent elsewhere by NI Executive News Highland Facebook LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Pinterest WhatsApp Three factors driving Donegal housing market – Robinson Police arrest man in Derry shooting investigation Google+ Facebookcenter_img Pinterest Calls for maternity restrictions to be lifted at LUH Google+ Almost 10,000 appointments cancelled in Saolta Hospital Group this week RELATED ARTICLESMORE FROM AUTHOR Guidelines for reopening of hospitality sector published News Twitter Detectives in Derry have arrested a 32 year old man on suspicion of causing grevious bodily harm with intent and possession of a firearm with criminal intent.The arrest follows a shooting incident in the Creggan Road area on Sunday night last in which a 22 year old man sustained a number of gunshot wounds to both ankles.The arrested man is currently in custody, police say he is helping them with their enquiries. Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margeylast_img read more

Update: Twin sister of Mary Boyle arrives at Leinster House for meeting with Taoiseach

first_img Dail to vote later on extending emergency Covid powers News Twitter Dail hears questions over design, funding and operation of Mica redress scheme Previous articleForeign factory boats put Donegal fisherman’s livelihood at riskNext articleGAA Programme – 18/11/15 admin Google+ WhatsApp HSE warns of ‘widespread cancellations’ of appointments next week Ann Doherty the twin sister of Mary Boyle has arrived at Leinster House to meet with the Taoiseach later today.Ms. Doherty was greeted by TD Catherine Murphy a short time ago and is also expected to meet with Sinn Fein Vice-President Mary Lou McDonald.6-year-old Mary Boyle who is Ireland’s youngest ever missing person, vanished from her grandparent’s farm in Cashelard near Ballyshannon on the 18th of March 1977.Ann Doherty is taking her campaign for answers to Enda Kenny in Leinster House at approx 2.30 this afternoon.Ms Doherty believes her sister was murdered and has spearheaded a major appeal to help to find her remains.Journalist Gemma O’ Doherty is accompanying Ms Doherty, she outlines what they expect out of this meeting:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/11/gemma1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Update: Twin sister of Mary Boyle arrives at Leinster House for meeting with Taoiseach Pinterest Google+center_img By admin – November 19, 2015 WhatsApp Facebook Twitter Man arrested in Derry on suspicion of drugs and criminal property offences released Man arrested on suspicion of drugs and criminal property offences in Derry RELATED ARTICLESMORE FROM AUTHOR Facebook PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Pinterestlast_img read more