TAT promotes nationwide Songkran 2018 celebration

first_imgTAT promotes nationwide Songkran 2018 celebrationTAT promotes nationwide Songkran 2018 celebrationThe Tourism Authority of Thailand (TAT) Amazing Thailand’s ‘Open to the New Shades’ marketing concept is at the heart of its ‘Grand Songkran Celebrations’ in Bangkok and 12 major tourist destinations around the Kingdom.These include festivities in Samut Prakan, Ayutthaya, Suphan Buri, Chon Buri, Sukhothai, Chiang Mai, Lampang, Nakhon Phanom, Nong Khai, Khon Kaen, Phuket, and Songkhla with event dates varying, with some starting as early as 7 April and running until 20 April.In addition, TAT is also supporting the Amazing Songkran 2018 events in five emerging secondary destinations known for unique traditions in celebrating the Thai New Year: Sing Buri, Chanthaburi, Kamphaeng Phet, Kalasin, and Nakhon Si Thammarat. Dates also vary between 11 and 17 April.Mr. Yuthasak Supasorn, TAT Governor, said: “Songkran is one of Thailand’s most important festivals. It is a time when families celebrate with centuries-old traditions, returning to their family homes for three to five days of making merit and water splashing ceremonies, which invokes sins being washed away with scented water.TAT promotes nationwide Songkran 2018 celebration“The main activity is pouring this scented water on sacred Buddha images of local temples in a ritual called Song Nam Phra. Lustral water used to clean Buddhist statues has been regarded as a form of spiritual cleansing since ancient times. It is collected and then gently dripped over the hands of senior family members for luck in a ritual called Rot Nam Dam Hua.”At the five emerging secondary destinations, locals and visitors can ‘Open to the New Shades’ and celebrate the Amazing Songkran 2018 Festival with nostalgic time-honoured rituals.Source = Tourism Authority of Thailandlast_img read more

Carnival commemorates ANZAC Day with a Dawn Service at Sea

first_imgCarnival commemorates ANZAC Day with a Dawn Service at SeaCarnival commemorates ANZAC Day with a Dawn Service at SeaCarnival Spirit will host an ANZAC Day dawn service at sea on 25 April 2018, during its eight night cruise to New Caledonia.The day will commemorate all Australians who served and died in war and on operational service past and present.Sprigs of rosemary will be sold on board with all proceeds going to Legacy – a charity caring for defense force service people and their families in need.Guests will be able to enjoy a ‘Gunfire Breakfast’, play backyard cricket, two-up and watch a special screening of Gallipoli throughout the day.Carnival will also host a special gathering in the Red Frog Pub for veterans, giving them a comfortable environment to get to know one another and share stories.Carnival Cruise Line’s Vice President Australia, Jennifer Vandekreeke, said the cruise line is proud to be hosting a special ANZAC service for its guests.“Our ANZAC Day experience will be one of remembrance and reflection, a celebration of the ANZAC Spirit. Carnival Cruise Line has called Australia home for five years and we want to continue to provide our guests the opportunity to commemorate this important day with us.”Source = Carnival Cruise Linelast_img read more

STUBA celebrates first successful year

first_imgSource = stuba.com Stuba celebrates first successful yearStuba is celebrating their first birthday by announcing the merger has proved extremely successful.CEO, Ruchir Bang said, “We have absolutely smashed our targets and milestones of year 1.  Our objectives were to launch Stuba as a recognised brand in the trade wholesaler space, but more importantly to ensure a unified team and migrate all clients over to a common platform.” Stuba has reported that in the last twelve months they have increased business with existing clients as well as seen a 45% increase in the number of new client bookings.  The migration of the majority of clients has been completed, with the remaining to go live in the next two weeks. Stuba sales have increased in all markets; Australia and New Zealand has seen 58% growth year on year in Q1.  The UK & Ireland has seen 52% growth year on year and 29% in the Middle East, all of which like Australia have been established markets for Stuba. Mark Luckey, Stuba Pacific MD and global CIO says  “The growth is a reflection of living up to our promise of driving volume, lowering prices and optimising operations.”In Australia and New Zealand, longhaul bookings have seen the biggest increases in sales year on year.  Cyprus is +429% compared with Q1 of 2018, Chile is +338% and Turkey is +330% up.  Europe sales are also faring well with Sweden +184%, Malta +175% and Denmark +127% and the Netherlands +102%.Bang continues “A lot of businesses stagnate after a merger, due to taking their eye off the ball to combine the business; however, we have bucked this trend with fantastic sales growth year on year, which is huge testimony to our great teams and a successful merger.  Moving forward, we are expecting healthy double-digit growth this year and our vision is to only go after quality business. Stuba goes on to report their direct connectivity business has increased 315% in Q1 of 2019 compared to 2018 and attribute this to working with direct connections that offer better pricing and greater availability.  Stuba will also shortly be announcing some radical changes and investments to the technology division to improve and innovate to help their customers sell more effectively. www.stuba.com learn more about stuba.com herelast_img read more

SpiceJet launches endtoend travel solutions platform SpiceVacationscom

first_imgSpiceJet has rolled out an end-to-end travel solutions platform, SpiceVacations.com, which offers customised travel packages, where customers can avail various services while planning their holiday, at no added costSpiceVacations.com offers a comprehensive platform for customers to choose from thousands of travel packages, spread over a vast network of domestic and international destinations.Customers need to simply decide on the theme of their vacation, say – pilgrimage, honeymoon or a wildlife tour and the platform displays a wide variety of deals in terms of the location, hotel arrangements, local sight-seeing tours, car rentals among others. Customers can also hand-pick the service features to customise their deal packs to best suit their needs and preferences.“We want to ensure our customers have a ‘Red.Hot.Spicy’ experience every single time they venture out for a trip then may it be a long leisure escape or a brief business tour. SpiceVacations.com has been designed as a one-stop shop offering enviable travel deals for you to pick and choose from amongst the best the industry can offer and its unique customisation features adds that extra finesse to your planning exercise, enabling you to experience the perfect holiday every single time,” said Ajay Singh, Chairman and Managing Director, SpiceJet.last_img read more

Travel guide to Bay of Islands in New Zealand

first_imgThe Bay of Islands is an enclave in New Zealand, which encompasses more than 140 subtropical islands next to the country’s North Island. It is home to the 19th-century whaling port of Russell, whose waterfront is lined with remnants from its days as the country’s first colonial capital. Source: World Travel Guideslast_img

Tourism Secretary inaugurates Incredible India stand at IITF 2016

first_imgThe Union Tourism Secretary Vinod Zutshi recently inaugurated the Ministry of Tourism’s ‘Incredible India’ stand at the India International Trade Fair 2016 at Pragati Maidan in New Delhi.The stand located at Hall no 18 is aimed at nurturing the tourism potential of less frequented destinations that are located closer to the popular destinations for attracting domestic visitors. While inaugurating the ‘Incredible India’ stand the Union Secretary said, “The stand has been designed with an idea of promoting lesser Known destinations.”Domestic tourism remains an important contributor to the tourism sector providing much-needed resilience. There has been a continuous increase in domestic tourist visits, with the Compound Annual Growth Rate (CAGR) of domestic tourist visits to all States/UTs from 1991 to 2015 being 13.63%. In 2015, it grew by 11.63% to reach 1431.97 million visits.Inbound travel to India has also witnessed a growth, with Foreign Tourist arrivals in India during the period January- September 2016 were 6.2 million with a growth of 10.5% as compared to the Foreign Tourist Arrival of 5.6 million with a growth of 4.8% in January-September, 2015 over January- September 2014. This positive development is expected to continue during remaining period of this year.last_img read more

Graystone Appraisal Logistics Continue Partnership

first_img Share in Data, Government, Origination, Secondary Market, Servicing, Technology Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Processing Service Providers 2012-01-26 Abby Gregory Graystone, Appraisal Logistics Continue Partnershipcenter_img January 26, 2012 444 Views “”Graystone Mortgage””:www.graystonebankmortgage.com/ and “”Appraisal Logistic Solutions, Inc.,””:http://www.gotoals.com/ have announced the continuation of their standing partnership. Currently, Appraisal Logistics facilitates compliance and risk management for Graystone, ensuring the quality of its lending transactions.[IMAGE]Appraisal Logistics specializes in compliance management for appraisal independence, and the company handles an estimated $250 million in loans for Graystone each year. The partnership between the two entities was initiated when Graystone, like all lenders, became subject to the appraiser independence standards contained within the Dodd-Frank Act.Commenting on the next phase of the relationship between Graystone and Appraisal Logistics, Graystone’s president, Bob Rader, said, “”The rules have changed. Today’s lending environment demands the next level of service and expertise from any industry partner. We need an appraisal management company that can ensure 100 percent compliance while delivering quality appraisals.””Rader went on to add, “”We evaluated numerous firms providing appraisal management services and ultimately partnered with Appraisal Logistics because they deliver the level of communication and industry expertise that we need to run an efficient, productive and successful mortgage lending operation. We leverage Appraisal Logistics’ guidance daily, processing more than 100 orders a month on average.””Echoing Rader’s statements, Appraisal Logistics’ CEO, Frank Danna, noted, “”Using a third-party appraisal management company allows a mortgage lender to outsource the risk of the entire process to better use their own internal resources. Lenders do not need to build an internal risk management department, affording cost savings that are not just on a per loan basis. We are proud to provide Graystone Mortgage with this essential industry service.””last_img read more

CoreLogic Rolls Out New Data Initiative for RMBS Analysis

first_img July 2, 2012 474 Views CoreLogic Rolls Out New Data Initiative for RMBS Analysis “”CoreLogic””:http://www.corelogic.com/ has launched a new provision for clients using the company’s private-label residential mortgage-backed securities (RMBS) dataset. [IMAGE]California-based CoreLogic recently announced the incorporation of anonymized servicer stop advance data, which will be available free of charge for the company’s existing and new RMBS-data customers. [COLUMN_BREAK]The trustee-submitted data from CoreLogic will be at the loan-level, as opposed to aggregated. According to the company, this will “”enable investors to make more precise projections of future cash flows and default risks by allowing insight into the characteristics of the loans that have stopped cash flowing for principal, interest, or both.””Ben Graboske, senior vice president of CoreLogic’s real estate and financial serves, data, and analytics division, stated, “”The private-label market has been looking for this level of insight for some time. The challenge has always been about finding adequate information at the loan level.””With these latest enhancements we provide another level of granularity and transparency to assist our clients with their decision-making,”” added Graboske.CoreLogic’s stop advance data will include history dating back to January 2009. Investors and servicers using the new provision can now perform modeling, historical trending, and time series analysis against the non-agency RMBS data that includes the stop advance statistics. in Data, Government, Origination, Secondary Market, Servicing, Technologycenter_img Share Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Mortgage-Backed Securities Processing Service Providers 2012-07-02 Abby Gregorylast_img read more

CoreLogic CaseShiller Predicts Slowdown in Price Growth

first_img May 17, 2013 425 Views in Data, Government, Origination, Secondary Market, Servicing CoreLogic Case-Shiller Predicts Slowdown in Price Growth With housing prices on the rise across the nation, and double-digit increases in some markets, CoreLogic quashes any fears of another housing bubble forming any time soon. In fact, according to the “”CoreLogic Case-Shiller Home Price Indexes””:http://www.corelogic.com/about-us/researchtrends/corelogic-case-shiller-indexes.aspx?WT.mc_id=prnw_130516_vuJNf released Thursday, some markets experiencing rapid gains may soon see a slowdown or even reversal of recent trends. [IMAGE]After a 7.3 percent price gain in 2012, the nation’s housing prices will continue to rise over the next five years but at a slower pace, according to Case-Shiller. The indexes forecast a 3.9 percent annual increase through 2017. Many of the markets that underwent the greatest price depreciation during the housing crisis are now experiencing the greatest price appreciation. For example, home prices in Phoenix rose almost 24 percent year over year as of the fourth quarter of 2012. Prices in Miami rose 14 percent, and prices in Las Vegas rose 13 percent over the same time period. [COLUMN_BREAK]However, homes in these markets remain undervalued, and the price increases are being driven by investor demand.As homeowners looking to sell are encouraged by rising prices and as new construction picks up, increased inventory will dampen these rapid increases, according to CoreLogic. Also, rising prices will eventually ward off investors, and “”it is not clear if demand from first-time and trade-up buyers will immediately fill the void,”” said David Stiff, chief economist for CoreLogic Case-Shiller. As investors slow down, these markets may encounter waning price appreciation or even price depreciation, according to Stiff. Regardless, “”[e]ven if double-digit price appreciation were to continue in the former bubble metro areas, there is no reason to believe that new home price bubbles are forming,”” Stiff said. “”That’s because single-family homes in these markets are still very affordable,”” he added. Seven of every 10 metro areas tracked in the CoreLogic Case-Shiller indexes of more than 380 markets experienced rising prices in 2012. In 2011, the ratio was one in five. Many metros still experiencing price depreciation charted smaller declines over the year in 2012. For example, Long Island, New York, posted a 4 percent decline, while Virginia Beach, Virginia, posted a 2 percent decrease. “”We expect strong buying activity this spring will lead to stabilization of home prices in most lagging markets, resulting in rising home prices in nearly every metro area by the end of 2013,”” Stiff said.center_img Agents & Brokers Attorneys & Title Companies CoreLogic Home Prices Housing Supply Investment Investors Lenders & Servicers Processing Service Providers 2013-05-17 Krista Franks Brock Sharelast_img read more

The Retiree Effect on Homeownership

first_img June 8, 2016 698 Views in Daily Dose, Data, Headlines, Market Studies, News Freddie Mac homeowners Retirees 2016-06-08 Staff Writer As older Americans enter into retirement age, they are pressed with the question of staying in their home, borrowing against their home, or opting out of homeownership for renting.Freddie Mac’s inaugural 55+ Survey  examined responses from nearly 6,000 homeowners and renters to determine their views on housing preferences, retirement plans, and financial concerns of Baby Boomers and older homeowners.The report found that 76 percent homeowners born before 1961 are confident they will have a financially comfortable retirement. Every demographic displayed confidence in their retirement: African-Americans (77 percent), Hispanics (64 percent), Asians (80 percent), homeowners who are currently working (74 percent), as well as homeowners earning less than $30,000 (55 percent).In addition, 59 percent of homeowners were “very satisfied” with their communities, Freddie Mac reported. Another 64 percent are satisfied with their current home and 54 percent with their quality of life.A majority of those surveyed indicated that homeownership makes financial sense for most Americans, the survey results showed. For people who are either married with children or between 35-49 years of age, older homeowners said that homeownership makes financial sense. Eighty-seven percent noted that homeownership makes sense for people over 55, married couples without children (85 percent), single people with children (79 percent), and single people without children (53 percent).”The overwhelming message of the Freddie Mac 55+ Survey is that homeownership works. The American Dream delivered greater financial stability and satisfaction to the homeowners who lived through every recession since the 1970s, including the housing crisis of 2008,” said Dave Lowman, EVP of Single-Family Business at Freddie Mac.Since most older homeowners are satisfied with their current home, this raises questions surrounding what plan of action they plan to take to continue residing there. With products like home equity lines of credit on the market (HELOCs) and reverse mortgages, retirees have options—if they can afford them.As a whole, the total balance of write-offs year-to-date in March for first mortgages, home equity lines of credit (HELOCs), and home equity loans is $9.5 billion in the first quarter of 2016, a nine-year low for the first quarter and a year-over-year drop of 22.7 percent, according to data from the April 2016 Equifax National Consumer Credit Trends Report.Outstanding HELOC loans totaled 11.0 million in March, down 3.2 percent, while the total balances outstanding on HELOCs  fell 3.9 percent in that same time to $489.9 billion. Equifax reported that The utilization rate on HELOCs has fallen below 50 percent for the first time since 2008.On the reverse mortgage front, data from ReverseMortgages.com and HUD showed that as of 2015, there are 56,363 reverse mortgages in the U.S. These borrowers are receiving $9.3 billion in financing, an $168,400 average principal limit, and a 3.38 percent average interest rate.Freddie Mac also found that while many over the age of 55 would prefer to age in their current home, nearly 40 percent said they would prefer to move at least one more time, and 70 percent of those said they are likely to purchase their next home. Lowman noted that this “will create significant opportunities and challenges for the industry for years to come.””The decisions the nation’s Baby Boomers and other older homeowners make will have an enormous impact on the demand for housing and new mortgage credit for the foreseeable future,” Lowman said. “Whether they buy new homes or decide to refinance and renovate their current ones, the size of this generation and the fact that they hold close to two-thirds, approximately $8 trillion, of the nation’s home equity makes it very important that we watch what they do.”center_img Share The Retiree Effect on Homeownershiplast_img read more

Personal Data for Thousands Revealed on HUDs Site

first_imgPersonal Data for Thousands Revealed on HUD’s Site November 21, 2016 633 Views Share Cybersecurity data breach HUD 2016-11-21 Seth Welborncenter_img Two data breaches on HUD’s website resulted in the personally-identifiable information of thousands of individuals temporarily being displayed publicly in August and September, according to HUD.The leaks came to light two months after the second breach happened, after a HUD client received a letter dated November 5, 2016, from HUD’s Senior Agency Official for Privacy, Helen Goff Foster, notifying her of the breach, according to Forbes. The client subsequently shared the letter with the news media. According to HUD, the number of individuals affected was 479,555. In an email to MReport, HUD attributed the data breaches to human error and not hacking.”As a result of the breaches, we had extensive retraining of our teams that post information to the web site and we’ve reviewed our systems in each program area to ensure we don’t repeat the same errors,” said Jereon Brown, General Deputy Assistant Secretary with HUD. “Additionally, we’ve added new monitoring techniques to the material that is posted and captured.”The last names and partial social security numbers of public housing residents were exposed on the site. Foster’s letter states that as for others, “information relating to some people who worked for employers that sought HUD/Empowerment Zone-related tax credits, including name, address, and full or partial social security numbers, was also disclosed.”Foster did not state how long the personal information was available on HUD’s site, but she did say that “As soon as HUD learned of these incidents, all further access to it was stopped and HUD took steps to prevent future incidents.”Foster’s letter states that HUD is unaware if any unauthorized third parties “accessed or used during the time it was available,” according to Forbes. HUD is offering a year of free credit monitoring from TransUnion to victims of the data breach for their protection; the deadline to sign up to receive the TransUnion service at no cost is March 31, 2017.“HUD is committed to protecting the personal information with which we are entrusted,” Foster wrote in her letter. “We are continuing to take steps to proactively identify and address security risks to our systems and information.  On behalf of the Department, I sincerely apologize for any inconvenience this incident may cause you. ”The announcement of the data breach on HUD’s website came only one week after the CFPB announced it is seeking information from stakeholders on consumer access to personal financial records, including how much choice consumers have in the use of the records, the security of those records when they are being shared, and how much control consumers have over those records.Cybersecurity has become an increasingly pressing issue in all industries that store personal information, particularly after a cyber-attack in 2014 against JPMorgan Chase that compromised some 83 million accounts.Click here to read a copy of Foster’s letter. in Daily Dose, Data, Headlines, Newslast_img read more

AmeriFirst Welcomes New Southeast Regional Manager

first_img AmeriFirst Home Mortgage David Gahm HOUSING Jamie Brown Mark Jones mortgage 2017-11-05 Rachel Williams in Featured, News, Origination AmeriFirst Home Mortgage, a division of AmeriFirst Financial Corp. headquartered in Kalamazoo, Michigan, announced the addition of Jamie Brown, a 20-plus year mortgage industry veteran, as Southeast Regional Manager. In this role, Brown will oversee and drive AmeriFirst’s expansion into Florida. He will work out of Winter Park and Tampa, Florida offices.AmerFirst was founded in 1983 by Mark Jones and David Gahm. The lender is licensed in a dozen states across the Midwest and Southeast and offers a full line of mortgage products including FHA loans, VA mortgage loans, USDA Rural Development loans, Renovation loans, and conventional lending.“Our success is dependent upon our most prized resource … our people. Jamie personifies service and always puts others before himself–true qualities of a great leader. He and his team are integral to our future growth,” said Gahm.Brown is joining a company that was recently recognized by Inc. 5000 for its 78 percent business growth over a three-year period.“We’ve always stressed the importance of hiring the right people that fit our culture. Jamie’s exceptional work ethic, authentic character and strong track record exemplifies the quality of talent we have surrounded ourselves with at AmeriFirst. Everyone here shares the mission of ensuring our customers have an outstanding mortgage experience,” said Jones.Brown previously owned his own mortgage brokerage firm that he sold to Prospect Mortgage in 2010; he then served as Area Production Manager for them until 2012. He was then hired as a Market Leader at Movement Mortgage in October of 2012 to lead in the Orlando, Tampa Bay, and Sarasota markets, until he recently resigned his position to accept this new opportunity with AmeriFirst. “I’m honored to be in this position and already feel part of the family. I now see why the cornerstone of AmeriFirst’s messaging is, “Welcome Home.” November 5, 2017 632 Views center_img AmeriFirst Welcomes New Southeast Regional Manager Sharelast_img read more

Buying Frenzy

first_img October 30, 2018 530 Views Buyers Census Bureau Homeownership homes HOUSING Renters Vacancy 2018-10-30 Radhika Ojha Share Buying Frenzycenter_img National vacancy rates for homeowners remained essentially flat in the third quarter. So did the national homeownership rate, according to the latest Quarterly Residential Vacancies and Homeownership report by the U.S. Census.In Q3, the homeowner vacancy rate landed at 1.6 percent, barely 0.1 percent above the Q2 numbers and just as statistically indistinguishable from Q3 of 2017. Similarly, the third quarter’s national homeownership rate of 64.4 percent hardly moved from Q2’s 63.9 percentVacancy rates among renters barely changed from Q2 either. In the third quarter, rental vacancies topped out at 7.1 percent, which is flat compared to Q2 and down only slightly from Q3 of 2017, when they were 7.5 percent.According to the Census, rental vacancy rates in Q3 were highest outside Metropolitan Statistical Areas, at 9.2percent. The rates in principal cities (7 percent) and in the suburbs (6.6 percent) “were not statistically different from each other,” compared to either Q2 or last year’s third quarter.Rates were also highest in the South, at 8.7 percent, followed by the Midwest (7.6 percent), the Northeast (6 percent), and the West (5.1 percent). “The rental vacancy rates in the South and West were lower than the third quarter 2017 rates, while rates in the Northeast and Midwest were not statistically different from the third quarter 2017 rates,” the report stated.Meanwhile, homeowner vacancy rates in the South (1.7 percent) were higher than those in the Midwest and Northeast (both 1.5 percent) and the West (1.4 percent),Tian Liu, Chief Economist at Genworth Mortgage Insurance, said the Census report shows something positive–that more people are choosing homeownership over renting.“A large part of that story is the historically large number of first-time homebuyers,” Liu said. He said that in the past two years, first-time homebuyers have purchased at least 1.9 million homes each year. “That is more than the pace of household formation over the same period, meaning that the transition from renting to owning is the more powerful driver of housing demand,” he said. “That has also been an important and often overlooked reason for the rapid rise in home prices, as more buyers came into the market.”Paradoxically, Liu said, the rise of first-time homebuyers–which has pushed home prices up–also is slowing home sales today. “These events caused the homeownership rate and home sales to diverge this quarter,” he said. in Daily Dose, Data, Featured, Newslast_img read more

Lender Profits Looking Up

first_img in Daily Dose, Data, Featured, Market Studies, News Doug Duncan Fannie Mae Lender Sentiment Lenders 2019-03-13 Seth Welborn March 13, 2019 815 Views Sharecenter_img According to Fannie Mae’s Q1 2019 Mortgage Lender Sentiment Survey, mortgage lenders net profit margin outlook has improved significantly in the past three months, despite still being negative. Fannie Mae cites stronger demand expectations for both purchase and refinance mortgages for the increases.”Lenders appear less pessimistic regarding mortgage demand expectations; thus their profit margin outlook over the next three months is also slightly improved,” said Doug Duncan, SVP and Chief Economist at Fannie Mae. “While the results seem to portray the gloomiest picture of purchase mortgage demand during the prior three months in the survey’s five-year history, the net share of lenders expecting rising demand over the next three months exceeded the level recorded in the same quarter last year. Lenders’ view of the refinance market was somewhat rosier, as both recent and expected demand improved to the best showing in two years, helping to support lenders’ improved profit margin outlook.”According to the survey, the net share of lenders reporting purchase loan demand growth across all loan types reached a survey low, but demand growth expectations for the next three months has improved. Meanwhile, the refinance mortgage demand saw a significant increase. The net share of lenders to report demand growth over the prior three months hit its highest number in two years. Lenders have also reported easing credit standards across all loan types”While more lenders anticipate declining rather than rising profit margins, continuing the trend that started in the fourth quarter of 2016, the net share expecting falling profit margins decreased from a survey high in the prior quarter to the lowest share in nearly two years,” continued Duncan. “Lenders’ improved demand outlook going into the spring selling season bodes well for our forecast of relatively flat mortgage volume this year following the double-digit drop in 2018.”Find out more about Fannie Mae’s Mortgage Lender Sentiment Survey here. Lender Profits Looking Uplast_img read more

President Trump Establishes Affordable Housing Council

first_img Affordability HOUSING HUD 2019-06-25 Seth Welborn June 25, 2019 342 Views in Daily Dose, Featured, Government, News, Origination President Trump Establishes Affordable Housing Councilcenter_img President Donald Trump has signed an Executive Order establishing the White House Council on Eliminating Barriers to Affordable Housing, and named Housing and Urban Development (HUD) Secretary Ben Carson as its chairperson.According to HUD, the new Council will be composed of members from eight Federal agencies, intended to engage with State, local, and tribal leaders across the country to identify and remove the obstacles that impede the production of affordable homes, “namely, the enormous price tag that follow burdensome government regulations.”“With the signing of today’s Executive Order, President Trump is prescribing a powerful treatment that correctly diagnoses the source of America’s affordable housing condition: this is a matter of supply and demand, and we have to increase the supply of affordable homes by changing the cost side of the equation,” said Secretary Carson. “Increasing the supply of housing by removing overly burdensome rules and regulations will reduce housing costs, boost economic growth, and provide more Americans with opportunities for economic mobility.”HUD notes that the construction of new homes has not kept pace with new household formations, due in part to the fact that over 25% of the cost of a new home is the direct result of Federal, State, and local regulations. Part of the Council’s goals will be to identify policies which artificially increase the cost of homeownership and reduce regulatory burdens.Nationally, affordability has been the primary roadblock to homeownership, according to First American’s Real Estate Sentiment Index (RESI).“The main burden, affordability, confirms the strong sellers’ market conditions from 2018 have continued in many markets in early 2019, as demand outpaces supply and prices continue to rise,” said First American Chief Economist Mark Fleming.To increase affordability, HUD laid out a plan for the new Council, which includes taking action to reduce Federal regulatory and administrative burdens that discourage private investment and housing development and streamline statutory, regulatory, and administrative burdens that inhibit the development of affordable housing supply. Sharelast_img read more

US judge calls for second reduced damages award

first_img U.S. judge calls for second reduced damages award … This analysis suggests that expanding the programs – even by a small amount – would further increase grower and importer profits.“These results should come as no surprise to outside analysts or people involved in the industry as producers and marketers,” says Richard J. Sexton, Ph.D., of the Department of Agricultural and Resource Economics at the University of California, Davis.“The Hass avocado success story in the U.S. in terms of the rapid increase achieved in per capita consumption, while maintaining stable or increasing real prices to producers and importers, has made avocados the envy of the produce industry.”The full five-year evaluation is now available in HAB’s recently re-launched website.To learn more about HAB and view the full five-year evaluation, visit: https://hassavocadoboard.com/inside-hab/reports-evaluations/ CRISPR-Cas technology precisely improves plants … August 07 , 2019 LPS ’19: Anacail offers retailers more time to sel …center_img Researchers at the University of California, Davis found Hass avocado promotion programs pay off handsomely for California producers and importers.The study review period lasted from 2013 to 2017. During the five-year evaluation, researchers found that such campaigns played a key role in expanding demand for the fruit in the U.S., says the Hass Avocado Board (HAB), which commissioned the study.This is especially significant as sales in the U.S. market have increased. This has primarily through rising demand, not lower prices, it explains.Moreover, the researchers were able to determine just how advantageous these programs were; they delivered a benefit to cost ratio ranging from 1.6 to 3.6 to their funders. Peru set for another big increase in blueberry exp … You might also be interested inlast_img read more

Earlybird offers book and pay by 29 September 201

first_imgEarlybird offers (book and pay by 29 September 2018) also include:Fly from only $595 per person – when booking selected tours to CanadaFly from only $795 per person – when booking the Eastern Explorer, Cruise & New York; or Ultimate Canadian Rockies Alaska and Arctic Circle“Canada has always been a popular destination for Australians, and this year Scenic has “upped the ante” with its luxury approach and inclusions. We are also the only luxury group tour operator with itineraries down the USA East Coast into the historic Deep South,” said Scenic’s Group General Manager, Sales and Marketing Australia/Asia, Anthony Laver.2019 Canada, Alaska and USA brochure is out now and available HERE. The pre-release period has finished and now Scenic has launched its 2019 Canada, Alaska and USA brochure with a book now and pay in full by 29 September, 2018 earlybird offer of an additional discount of $600 per couple for all tours of 19 days or longer, or discount of $300 per couple for tours of 9 to 18 days. BrochuresCanada Alaska & USAearlybirdsSceniclast_img read more

Well so much for that idea then Haley was alway

first_imgWell so much for that idea, then?Haley was always an interesting option for Arizona, as he is recognized as being a good coach whose style tends to wear on players over time. He led the Chiefs to the postseason in his second season at the helm, but was relieved of his duties 13 games into the following year. If Haley is indeed out of the mix, that leaves the Cardinals looking at current defensive coordinator Ray Horton, Denver Broncos offensive coordinator Mike McCoy and Cincinnati Bengals offensive coordinator Jay Gruden. There could be other candidates, but those are the ones confirmed to have either interviewed with the team or scheduled to interview with the team. Grace expects Greinke trade to have emotional impact Derrick Hall satisfied with D-backs’ buying and selling Comments   Share   But according to a report by NFL.com’s Ian Rapoport, he’s not all too interested in being the team’s head coach.#Cardinals requested interview with Todd Haley. Source close to Haley: “He loves Steelers job. He’s very happy. No interview with Cards.”— Ian Rapoport (@RapSheet) January 9, 2013 The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo When the Arizona Cardinals relieved head coach Ken Whisenhunt of his duties on December 31, there was a list of people many assumed would be interested in replacing him.One of those men was Pittsburgh Steelers offensive coordinator Todd Haley.Haley, who was the Cardinals’ offensive coordinator in 2007 and 2008 before leaving for the top job in Kansas City, has been with the Steelers for one season and always appeared to have an affinity for the Arizona organization. Former Cardinals kicker Phil Dawson retires Top Stories last_img read more

Youve got seven minutes…good luck

first_imgYou’ve got seven minutes…good luck! Former Cardinals kicker Phil Dawson retires Comments   Share   Derrick Hall satisfied with D-backs’ buying and selling The NFL is a passing league.Don’t believe us? In 1975, there were four quarterbacks who threw 20 or more touchdown passes for the whole season. Last season, there were 21.Since 2011, when the league’s most recent collective bargaining agreement was signed, there are 18 quarterbacks who have thrown at least 100 touchdown passes. That’s your Trivia Tuesday challenge this week — name them.This quiz does include stats from this season’s Week 1 games, in case you were wondering. center_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Top Stories Grace expects Greinke trade to have emotional impactlast_img read more