Where Mortgage Delinquency Rates Are Improving Most

first_imgSign up for DS News Daily Some of the the biggest drops in delinquency were seen in federal home loans, notably FHA loans, according to new data from the Mortgage Bankers Association’s (MBA) National Delinquency Survey. Marina Walsh, MBA’s VP of Industry Analysis, noted that the MBA will “continue to monitor the credit profile of new FHA loans, as changes to this profile can have a noticeable impact on future delinquency rates.””Mortgage delinquencies decreased in the third quarter across all loan types—conventional, VA, and in particular, FHA,” said Walsh. “The FHA delinquency rate dropped 100 basis points, as weather-related disruptions from the spring waned. The labor market remains healthy and economic growth has been stronger than anticipated. These two factors have contributed to the lowest level of overall delinquencies in almost 25 years.”Delinquency rates have fallen to their lowest rate in 25 years, and on a year-over-year basis, total mortgage delinquencies decreased for all loans outstanding. The delinquency rate decreased by 56 basis points for conventional loans, decreased 74 basis points for FHA loans, and decreased 23 basis points for VA loans.The FHA delinquency dropped the most from the second quarter, by 100 basis points, to 8.22%, and the VA delinquency rate decreased by 31 basis points to 3.93%. The total delinquency rate for conventional loans decreased 61 basis points to 3.00% compared to the second quarter. Additionally, the three states with the largest decreases in their overall delinquency rate were states impacted by weather in the previous quarter: Alabama (81 basis points), West Virginia (78 basis points), and Mississippi (73 basis points).Many of the loans that fell into delinquency were older loans. One key finding in the survey was that just 14% of all seriously delinquent loans were originated in 2016 or later. However, 25% of FHA seriously delinquent loans were originated in 2016 or later. 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. Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Where Mortgage Delinquency Rates Are Improving Most Where Mortgage Delinquency Rates Are Improving Most Tagged with: Delinquency FHA VA Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles November 15, 2019 3,500 Views center_img in Daily Dose, Featured, Foreclosure, News The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: HUD Reaches Settlement with Housing Providers Next: Ginnie Mae Issues $60.046B in Mortgage-Backed Securities Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Delinquency FHA VA 2019-11-15 Seth Welborn Share Save Demand Propels Home Prices Upward 2 days ago About Author: Seth Welborn Subscribelast_img read more

Stevie Wonder Equates Voting For Trump To Asking Him To Drive

first_imgBlind superstar Stevie Wonder has been vocal in his support for Hillary Clinton over Donald Trump in tomorrow’s Presidential election. In an interview with Philly.com after his Get Out The Vote concert in Philadelphia on Friday, Wonder posed a hilariously frank analogy about the prospect of electing Trump: “If you had an emergency situation and needed to go to the hospital, and you had to get there right away, would you want me driving your car?” he asked, to which the reporter replied “no.” He then added, tongue-in-cheek, “Because I’m not an experienced driver, right?”After calling out the Republican nominee for his racist, xenophobic, misogynistic, and generally intolerant rhetoric, Wonder continued, “I mean, c’mon! This is not a reality show. This is life in reality. So I’m with her because I believe in where we are,  and where we are going to go. I have always believed that America is great. We’re just going to make it greater.”Don’t put a blind man in the driver’s seat, America. Get out and vote today.[h/t Huffington Post]last_img read more

Visa Foundation donates $4.5 million to help fight homelessness and poverty

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Helping underserved communities around the globe has been the focus of the Visa Foundation since it launched two years ago. In North America, we are applying the principles of the Visa Foundation to our local communities, starting with the San Francisco Bay Area, which has been the home to Visa for more than 60 years.The Bay Area is facing a poverty and homeless crisis. Recent estimates show that more than 35,000 homeless people live in all nine Bay Area counties — a 24% increase over 2017 – and 1.7 million people in the Bay Area are unable to meet their basic needs. In some communities, only three in 10 students graduate from college and three in four homeless youth come from foster care or the juvenile justice system.We at Visa recognize that something has to change, and it is our responsibility to give time and resources back to our neighbors. In that spirit, Visa and the Visa Foundation have made the decision to support two leading local organizations in a variety of ways, The Tipping Point Community which works with 50 local NGOs across six Bay Area counties to educate, employ and house those in need; and the University of California San Francisco (UCSF), which provides medical and mental health services to homeless and at-risk populations through local hospitals, clinics and roving medical teams.The Visa Foundation is donating $3M to Tipping Point to provide vulnerable communities with pathways to economic opportunity, and $1.5M to UCSF to fund mental health programs for at-risk youth and chronically homeless populations. My colleagues – Oliver Jenkyn, President, North America recently joined the board of Tipping Point, and Ryan McInerney, President, Visa Inc. has been on the Executive Council of UCSF since April 2018. continue reading »last_img read more

Sancho, Akanji fined over haircut

first_imgRelatedPosts COVID-19: NCAA to revoke erring airlines licence over non-compliance Club’s server collapses over ticket demand for first Bundesliga game in 11 years FRSC to Schools: We’ll arrest, prosecute drivers who flout COVID-19 rules Borussia Dortmund’s Jadon Sancho and Manuel Akanji were fined an unspecified amount by the German Football League (DFL) on Friday for failing to wear a face mask during a visit from a hair dresser this week.The DFL said both players had broken the health guidelines that have governed Bundesliga clubs and players since the league restarted amid the COVID-19 pandemic on May 16. In total six Dortmund players, including rising star Sancho and Akanji, got their hair cut by the visiting hairdresser who then asked some of them to take pictures with him.“It is clear that pro players also need to get their hair cut. But that has to happen in line with the medical and hygiene concept,” the DFL said in a statement.“The fines are not against the club which is not seen as having a responsibility in this case.”Bundesliga matches are played without fans and teams must adhere to strict health guidelines that regulate the process and operation of training sessions and games.The league, with five rounds of matches left in the season, plans to finish by the end of the month. Sancho also hit the headlines last weekend when after scoring he revealed an undershirt with the message “Justice for George Floyd” — an unarmed black man who died in Minneapolis after a white US police officer knelt on his neck.Sancho escaped any sanction after the German Football Association said players were free to show their support for protests over Floyd’s death.Tags: Borussia DortmundBundesligaCOVID-19DFL (German Football League)FinesHealth GuidelinesJadon SanchoManuel Akanjilast_img read more

England’s leading women and girls set for 2020 season

first_img Tags: England Girls’ Squad, England Women’s Squad 14 Feb 2020 England’s leading women and girls set for 2020 season England Golf has today named the players who will make up the women’s and girls’ squads for 2020.Four of the country’s top talents will lead the way for the women in the season ahead.Reigning Women’s Amateur champion Emily Toy is named alongside a three-time 2019 tournament winner and Curtis Cup player, Lily May Humphreys.Charlotte Heath, who started this year by winning the Australian Women’s Amateur Championship, is joined by the 2019 Justin Rose Telegraph Junior Masters winner, Mimi Rhodes. All four are pictured above.The girls’ squad features real strength in depth. Northumberland trio Rosie Belsham, Jess Baker and Rachel Gourley are joined by Surrey’s Lottie Woad and Rafiah Banday.Cumbria’s Caitlin Whitehead and US-based Ellie Gower complete the seven-strong squad.Women’s performance manager, Rebecca Hembrough, insists the job of selecting the squads for 2020 was trickier than ever due to the quality of players at all levels of the women’s and girls’ game.“We are very excited to finally announce the national squads for 2020,” said Hembrough.“They are a strong and dedicated group of young women that have been challenging themselves and one another with the support of the coaching programme since October.“There were some extremely tough decisions to make, but the squad sizes were reduced to provide more individualised coaching support with an eye on a big year at the Europeans, Home Internationals and World Amateur Team Championships.“We fully envisage selections to continue to be very competitive this year and we’re really excited by this.”The Club de Golf Escorpion in Valencia, Spain will stage the European Ladies’ Team Championships between July 7-11.On the same dates, the European Girls’ Team Championships will take place at Rosa GC in Poland.The Home Internationals will take place at Royal St David’s Golf Club in Harlech, Wales between August 5-7. England’s women and girls will defend titles won last year at a rain-soaked Downfield Golf Club in Dundee.The 2020 World Amateur Team championships will be held at the Tanah Merah Country Club in Singapore between October 14-17 after organisers switched the event from its original venue in Hong Kong. Both the women’s and girls’ squads will fly to Quinta Do Lago in Portugal over the coming days for a warm-weather training camp as they continue preparations for the season.Next week, the women’s overseas squad – comprising of players based abroad and completing studies – will also be announced.Women’s squadCharlotte Heath (aged 18) – Huddersfield GC, YorkshireLily May Humphreys (aged 17) – Stoke by Nayland GC, EssexMimi Rhodes (aged 18) – Burnham and Berrow GC, SomersetEmily Toy (aged 22) – Carlyon Bay GC, CornwallGirls’ squadJess Baker (aged 17) – Gosforth Park Ladies GC, NorthumberlandRafiah Banday (aged 16) – Royal Mid Surrey GC, SurreyRosie Belsham (aged 18) – Whitley Bay GC, NorthumberlandRachel Gourley (aged 15) – Arcot Hall GC, NorthumberlandEllie Gower (aged 17) –  based in AmericaCaitlin Whitehead (aged 17) – Carus Green GC, CumbriaLottie Woad (aged 16) – Farnham GC, Surreylast_img read more

Community Christian Academy Preschool And Childcare Announce Open House

first_imgSubmitted by The Foundation CampusIf you are looking for a solid, Biblically based preschool or childcare for your child, please consider Community Christian Academy Preschool and Childcare.Join us on August 18th from 1:00 PM to 4:00 PM for a free barbeque and open house! Come see our recent remodeled facilities as well as receive $50.00 off of registration when enrolling your child in our center during our Grand Re-Opening/Open House event.You can also schedule a tour of our Preschool and Childcare at your convenience by calling us at (360) 493-ABCD or  (360) 951-3054.Community Christian Academy Preschool and Childcare is located on The Foundation Campus in Lacey, Washington at 4706 Park Center Ave NE Lacey, WA 98516. The Foundation Campus consists of a Preschool and Childcare Center, our Community Christian Academy K-8 program, and Northwest Christian High School home of the Navigators.Community Christian Preschool and Childcare offers small class sizes and individual attention for your child.  As a Christian Preschool and Childcare Center, your child will also learn values essential for success in life.  Our teachers are experienced, qualified, and serve as role models to your child in a loving and nurturing environment. We provide a Biblically based education, provide a Christian atmosphere, demonstrate love, care, and support to your child, and teach strong age appropriate academics.  Our preschool and childcare are also implementing provisions of the Early Achievers Program. The Early Achievers Program is a voluntary program for helping early learning programs offer High-quality child care.If you are looking for a safe, warm, loving school where your child can flourish, come visit us at our Open House on August 18th from 1:00 PM to 4:00 PM or call today for a tour.  Our director, Michelle Jewett can answer your questions about our programs.For the success of your child!For more detailed information about our Preschool and Childcare Programs click here or to learn about all the schools on The Foundation Campus, please click here. Facebook66Tweet0Pin0last_img read more

Middletown Turns Its Attention to Route 36

first_img“This is an area of our town that has suffered economically for several decades. I think the idea is to come up with zoning and design ideas that will incentivize developers to come in and work with a lot of vacant lands and underutilized properties. These are properties that are not the most attractive right now,” said township administrator Anthony P. Mercantante. At its June 17 meeting the township committee kicked off a process to determine if the stretch of highway from Palmer Avenue to Leonardville Road is an area in need of redevelopment. So what can the township offer to incentivize economic development in the area? The first section runs from the border of Keansburg at Palmer Avenue to Main Street in Port Monmouth. Section two extends to an area near 9th Street in Belford, just before the beginning of naval base lands. The final section consists of lands spanning from Broadway Avenue in Belford to the intersection of Leonardville Road and Route 36, just shy of the Bayshore Shopping Center in Atlantic Highlands. Though Hazlet’s Airport Plaza Shopping Center on Route 36 is successful – an easily accessible extensive mall with eateries, a Department of Motor Vehicles branch, commercial outlets and a bowling alley – just south sit two vacant parking lots on either side of the highway, one the empty husk of what was once the Bradlees department store complex and the other the vacant site of a former supermarket. Just a short drive south is the vacant Holy Family School and a tract of undeveloped farmland, both of which have been eyed by the township for speculative affordable housing developments. Further south, among gas stations and fast food chains, is the global International Flavors and Fragrances head-quarters in Union Beach, followed by more residential properties, food vendors and small service centers. Mercantante said other Route 36 municipalities will not be included in this study and noted the township would issue an request for proposal for a consulting firm to lead the study this week. MIDDLETOWN – A longstanding vision to create architectural continuity and economic vitality along the township’s Route 36 corridor is headed to the planning board for further investigation. But history is not on the township’s side. Like Middletown, other Bayshore municipalities have struggled to generate economic growth in this area. “We can’t be sure what there is to offer yet,” Mayor Tony Perry said in a June 10 interview. “I want a model that’s unique, just like our town. It could include elements you’re able to find in other towns around the state or it could be some- thing that no one’s ever seen. But whatever it is, it can’t be short-term thinking. This needs to be a model that’s viable for the next 50, 60, 70 years.” According to planningdocuments outlining thestudy area, the townshiphas divided the corridorinto three sections. Naval Weapons Station Earle is another tract of undevelopable acreage that Middletown must contend with, but Mercantante is hopeful the investigation will yield ideas and recommendations to help developers view these quirks as opportunities. “In some ways the trail is a physical constraint and contributes to the narrowness of the area. But on the other hand it’s one of the most heavily utilized trails in Monmouth County. If you can provide services of interest, the trail users are just another captive audience,” Mercantante said. “The same can be said for Earle. It’s an active naval base. How can we provide those servicemen and women more access to businesses and restaurants?” Since December 2016 Middletown has mulled a transformation of the residential and commercial properties spanning the 5-mile portion of state thoroughfare. This complicated corridor is located close to the Sandy Hook Bayshore, an area that includes beachfronts, protected wetlands, waterways like Pews Creek and Compton Creek and other environmental factors that hinder residential development. The neighboring boroughs of Atlantic Highlands and Highlands have had similar issues creating economically viable offerings on their portions of Route 36, with downtown areas located off the state roadway. “It’s a blank canvas right now. You can expand the types of development that are allowed, like mixed-use buildings. You can get creative, and the developers can tell you. The market can dictate what is economically viable,” Monmouth County Freeholder, State Assembly-hopeful and former Middletown Mayor Gerard Scharfenberger said. Maybe it’s a model thatdoesn’t exist yet. The following year Maser Consulting unveiled a conceptual rendering of what the Main Street intersection in Belford could look like with Victorian-style mixed-use developments perched at each corner, complete with decorative thermoplastic crosswalks connecting one side of the highway to the other, as well as new curbing and sidewalks with grass cutouts. Another factor that limits development and shrinks the consumer market is the location of the Henry Hudson Trail, a 10-foot-wide biking and walking path that extends from Highlands to part of Freehold. At certain points, the Middletown section of the trail is located just yards from the shoulder of the highway, which would otherwise be valuable real estate for potential developers. “By the end of June we should have responses and we’ll be ready to appoint a consultant for the investigation at our first meeting in July,” Mercantante said.last_img read more

‘This is a huge and sudden shock for everyone’

first_imgIn the short time he was at Mt. Sentinel, Mr. D made a huge impact on bullying, the well-being of the students, and the energy and optimism of the school. It is a shame that he died before he could make a greater impact on everybody, as I’m sure he would have. Thank you, Mr. D, for all the help and humour you’ve given us these short years.                -posted by Sylvain G. on the Mount Sentinel High School website. When someone dies we like to comfort ourselves by suggesting, “He’s in a better place now”?This one hurts so much more because Blair D’Andrea was in the prime of his life.The sad news of the passing of the Mount Sentinel VP flowed quickly through hallways of SD 8 schools.An email sent out from Mount Sentinel Pac Secretary Linda Verishine said it this way:“I am so very sad to tell you that Blair D’Andrea passed away from a massive heart attack at home on Wednesday night. This is a huge and sudden shock for everyone.”I can still hear that loud, happy voice of Drey.Hey Bruc-i-Fur . . . how’s it goin?If you didn’t hear the voice, it was easy to spot the happy man with the shaved head coming from miles away.Blair D’Andrea was a picture of happiness and what’s positive about life.The guy always looked on the bright side of life. Tomorrow was always going to be better.Whether it was at L.V. Rogers with the Aspire program, holding down the vice-principal job at Salmo where he led the mighty Falcons into battle on the hoop court or in the South Slocan where just walking down hallways at Mount Sentinel the SD 8 administrator had the kids smiling. Ditto for games at the Lakeside Ball Diamonds while pitching for his slopitch team.My first time spent getting to know Drey came when I assisted Lorne Wuori at Trafalgar coaching the Totems Grade 9 Boy’s Basketball team.Drey’s older L.V. Rogers Junior Bombers didn’t like younger Totems very much and the crosstown competition turned into one of the greatest rivalries of the ages in Nelson basketball.The Totems, unable to beat Drey’s Junior Bombers all season, got the last laugh when LVR was upset by Grand Forks in the West Kootenay High School Junior Boy’s Championship semi final.Trafalgar got past J. Lloyd Crowe before outlasting the Wolves in the final.The Totems continued their remarkable play by shocking the province and winning the B.C. Juvenile Boy’s Basketball title at the NBA Grizzlies Centre in Richmond.The next season it was Drey’s turn to coach arguably the best team in Nelson High School Basketball history.The LVR Junior Bombers overcame hurdle after hurdle, refusing to lose and surprising their coach game after game to finish the season with an amazing 38-0 record.Not a single loss against teams from the rest of the province, although there were a few potential bumps in the road.But for the most part an unblemished record as the players took to Drey like a young child to candy, capturing the provincial title in in a walk over New Westminster.Drey was most proud to share the title with Lonnie, Eric and Jason in the stands at Dover Bay High School in Nanaimo.But Drey didn’t do his best work on the basketball court, although winning a provincial title is nothing to sneeze at.Where he shined was in the classroom as a great motivator with a great heart.I saw many a wandering young mind who Drey put back onto the rails stop to give a huge “thank you” many a time.But not only was Drey a teacher, a mentor and an administrator, he was also a great father to his two boys Jason and Eric and a loving husband to his caring wife Lonnie.I know right now it’s not much comfort to anyone knowing Drey’s in a better place now.But one thing for sure, everyone who knew Drey is happy they were part of his ride.last_img read more

XPRESSBET, SANTA ANITA, GULFSTREAM INTRODUCE ‘X-COUNTRY’ PICK 4

first_imgThe majority of North America’s best racehorses are scheduled to be in action that day, with Kentucky Derby and Preakness winner, California Chrome, likely to square off against Pacific Classic and Malibu Stakes victor, Shared Belief, in the San Antonio Stakes, while Lea targets a repeat in the Donn Handicap against last year’s Florida Derby winner, Constitution. January 28, 2015 (Washington, PA) – Leading online wagering provider, Xpressbet, in conjunction with Santa Anita Park, Gulfstream Park and the Stronach Group, is excited to announce its plans to offer horseplayers the opportunity to play a special Pick 4 on Saturday, February 7. The all-stakes, $500,000 guaranteed ‘X-Country’ (Cross Country) Pick 4 will combine the best races that day at Gulfstream – the Donn Handicap and Gulfstream Park Turf Handicap – and Santa Anita – the San Antonio Stakes and San Marcos Stakes – and will coincide with a live broadcast of those races on Fox Sports 1. “With world-class cards at both Santa Anita and Gulfstream Park on February 7, horseplayers can expect some great wagering opportunities, including the X-Country Pick 4.” said Santa Anita President, Tom Ludt. “We are very excited for a potential rematch of the 2014 Breeders’ Cup Classic in the Grade 2 San Antonio Stakes and an exciting day of racing.” About XpressbetXpressbet provides legal and secure online wagering services to horseplayers in the United States.  It is the industry’s most comprehensive and user-friendly wagering site, allowing customers to wager on more than 300 of the world’s best racetracks from their computer, phone or mobile device.  Xpressbet operates XB SELECT, the industry’s premier destination for high-volume wagering, and XB Net, which connects bet shops and wagering sites from around the world to North American racing.  Xpressbet is a Stronach Group company, which also owns and operates Santa Anita Park, Gulfstream Park & Casino, Golden Gate Fields, Portland Meadows, Laurel Park and Pimlico Race Course, home of the world-famous Preakness. The company owns and operates the Palm Meadows Training Center in Florida, the award-winning Adena Springs operation, AmTote, a global leader in wagering technology, and Monarch Content Management. The Stronach Group is also a major producer of televised horseracing programming through its HRTV cable and satellite network. Customers who play the X-Country Pick 4 at Xpressbet will also receive 0% takeout for their winning wager, as well as 4-times XB Rewards Bonus Points. To sign up for an Xpressbet account and to receive an enhanced $150 Welcome Bonus, please visit www.xpressbet.com/XCountry and enter promo code XCOUNTRY. P.J. Campo, Vice President of Racing for The Stronach Group and General Manager of Gulfstream Park, added, “It’s going to be a huge weekend. Not only will our fans see four of the country’s most prestigious races and top horses, but another unique wager from The Stronach Group with a $500,000 guarantee. We’re looking forward to working with our partners at Santa Anita and Xpressbet to make this a memorable day.” In addition to the Grade 1 Donn Handicap and Grade 1 Gulfstream Park Turf Handicap, Gulfstream Park’s February 7 card also includes the Grade 3 Fred Hooper Stakes, the Grade 3 Suwannee River Stakes and the Gulfstream Park Turf Sprint. Santa Anita’s February 7 card also features the Grade 3 Robert B. Lewis Stakes, as well as the Grade 2 San Marcos Stakes and Grade 2 San Antonio. “February 7 is a day that many horseplayers and racing fans circled on their calendars weeks ago,” said Xpressbet President, Ron Luniewski. “Not only do these races historically draw exceptional fields, but this year is truly special with so many of the world’s best horses planning to run. We’re excited that the X-Country Pick 4 has become a reality, and we’re excited that horseplayers will have the opportunity to bet on all of these great horses and races as part of one wager.” New and Exciting Wager will include a $500,000 Guaranteelast_img read more

Burton v QPR: Taarabt plays

first_imgAdel Taarabt is included in a much-changed but experienced QPR side to face Burton in the second round of the Capital One Cup – his first appearance for Rangers since May 2013. Burton: McLaughlin, Edwards, Cansdell-Sherriff, Mousinho, Taft, Sharps, MacDonald, Knowles, McGurk, Palmer, Harness. Subs: Lyness, McFadzean, Bell, Weir, Beavon, Blyth, Slade. QPR: Murphy, Simpson, Onuoha, Dunne, Hill, Henry, Faurlin, Wright-Phillips, Hoilett, Taarabt, Phillips.  Subs: Green, Fer, Mutch, Zamora, Ehmer, Doughty, Harriman.Follow West London Sport on TwitterFind us on Facebooklast_img read more