first_img The Best Markets For Residential Property Investors 2 days ago Subscribe Forbearances vs. Natural Disasters: Lessons in Damage Mitigation Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily in Daily Dose, Featured, Government, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago November 18, 2020 1,163 Views Previous: Homeowners Drawn to Western States Despite Risk Next: FHFA Announces Milestone Toward Ending Conservatorships The forbearance rate during the early part of the COVID-19 pandemic was roughly identical to the rate recorded during the devastating 2017 hurricane season that ravaged regions throughout the Gulf Coast and Atlantic Coast, according to new research published by Freddie Mac.During the pre-pandemic period of January 2019 to February 2020, the forbearance rate was a scant 0.09%. However, this increased to 5.6% from March to June, when the economy screeched to a halt during the pandemic’s early months. Mortgage forbearance reached a peak in May with more than 4 million mortgages in forbearance, or approximately 8% of outstanding mortgages and $1 trillion in mortgage debt; Freddie Mac concluded that homeowners have delayed about $4 billion in mortgage payments each month through forbearance.However, the early pandemic forbearance rate was slightly lower than the 5.8% recorded from August 2017 to December 2017, when Hurricanes Harvey, Irma and Maria wreaked havoc. Three years ago, the financial stress was strictly regional, whereas this year the stress is nationwide.“Mortgage forbearance provides liquidity to households and plays a vital role in mitigating the damage to homeowners during times of crisis whether it be a hurricane, wildfire, or health epidemic,” said Sam Khater, Freddie Mac’s Chief Economist.“Research on this topic is important because it will help us prepare for the next several months as we continue to navigate the COVID-19 pandemic, and beyond.”Freddie Mac’s research, which was published in its latest Insight report, found that while loans with high loan-to-value (LTV) ratios are more likely to be in forbearance, almost all loans in forbearance have positive equity. Borrowers with a higher monthly payment were more likely to enter forbearance during the COVID-19 crisis – this was the same situation during the 2017 hurricane periods.Furthermore, forbearance rates decline for borrowers with higher FICO scores – during the first several months of the pandemic, the rate increased by a factor of approximately about 5.6 going from loans with FICO scores in the highest category (800+) at 2.0% to the lowest category (<620) at 11.1%. In comparison, the rate increased by a factor of 13 in the 2017 hurricane season (from 1.3% to 17.4%) and by a factor of 18 in the pre-pandemic period (from 0.02% to 0.36%).Freddie Mac also determined that forbearance rates are generally higher for borrowers with higher debt-to-income (DTI) ratios. During the early period of the pandemic, the rate increased by a factor of about 3 going from loans with DTI in the lowest category (≤ 25%) at 2.7% to the highest category (46%+) at 8.3%. In comparison, the rate increased a factor of 2 in the 2017 hurricane period (from 3.5% to 7.2%) and by a factor of 2.2 prior to the pandemic (from 0.05% to 0.11%).  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago 2020-11-18 Christina Hughes Babb About Author: Phil Hall Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Phil Hall is a former United Nations-based reporter for Fairchild Broadcast News, the author of nine books, the host of the award-winning SoundCloud podcast "The Online Movie Show," co-host of the award-winning WAPJ-FM talk show "Nutmeg Chatter" and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill's Congress Blog and Profit Confidential. His real estate finance writing has been published in the ABA Banking Journal, Secondary Marketing Executive, Servicing Management, MortgageOrb, Progress in Lending, National Mortgage Professional, Mortgage Professional America, Canadian Mortgage Professional, Mortgage Professional News, Mortgage Broker News and HousingWire. Home / Daily Dose / Forbearances vs. Natural Disasters: Lessons in Damage Mitigation Related Articles Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days agolast_img read more

first_img Pike County Sheriff’s Office offering community child ID kits “They do have shopping malls in some places and I had the chance to interact with the Iraqi Nationals,” he said. “But, to talk to the people I had to have a translator. It was an interesting place to be.”As a civilian, Stephens is a firefighter with the Troy Fire Department. He told the students that he did basically the same thing as a soldier that he does as a firefighter.“Over there, I drove a fire truck and we fought fires,” he said. “But we did many other things too. When you are in the military, the mission never stops.”Stephens said he is happy to be home, but he is also very proud to serve his country.“My dad was in the military for 40 years, so there was never any doubt in my mind that I would join the military,” he said. “I have two sons and I’m encouraging them to serve. Doing so, they can help the whole country.”Stephens also has a daughter and, while he said he would not encourage her to enter the military, he would not discourage her either.“A lot of women are serving in the military and they are doing a good job,” he said.Stephens has about three years before he plans to retire from the Air National Guard. He has served five tours of duty in Southwest Asia and said he would rather that it not be six.“But, if called today, I would be glad to go,” he said. Published 11:00 pm Thursday, May 2, 2013 Email the author By Jaine Treadwell TSgt. Michael Stephens visited Troy Elementary School fifth-graders on Thursday afternoon. The students sent Stephens Christmas cards, but had never met the Air National Guardsman until this week. As a civilian, Stephens is also a local firefighter.Probably only a visit from St. Nick himself would have excited the fifth-grade students at Troy Elementary School more.The students waited anxiously for a visit from a very important person Thursday afternoon.Although the students knew TSgt. Michael Stephens only as the “soldier” they sent cards to at Christmas time, they knew he was one of the many men and women who defend freedom around the world and they were excited to meet him. Guardsman visits TES students Book Nook to reopen Penny Hoarder Issues “Urgent” Alert: 6 Companies Are… Thanks to today’s technology, Stephens said he was able to talk to his family often and even got to “see” his sons play baseball.The students were anxious to know what it is like to be a soldier. They wanted to know what Stephens did and what he saw while he was in Southwest Asia.“The country there is very different from the country here,” he said. “There was no green grass over there. It’s all desert. When I flew into Germany, there was grass and trees. The colors were so bright that they hurt my eyes after being in the desert for so long.”He told the students that camels are as prevalent where he was stationed as cattle are here in Pike County. He said camel spiders and scorpions were a concern. Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthMost 10 Rarest Skins for FortniteTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancelcenter_img Sponsored Content Latest Stories Plans underway for historic Pike County celebration You Might Like Prayers of the faithful Pike County residents gathered on the square in downtown Troy Thursday at noon as the 2013 Bible Reading Marathon came… read more Troy falls to No. 13 Clemson By The Penny Hoarder Next UpStephens, a 17-year member of the Air National Guard, returned earlier in the week from a 198 day tour in Southwest Asia. He was as anxious to meet the students as they were to meet him.Stephens said he was “surprised” to receive handmade Christmas cards from the students.“Reading the cards were some of the hardest days of my tour,” he said. “I really appreciated the cards, but it was tough for me to read them. Reading them brought home back to me and made me realize, even more, how much I missed my family and home.” Print Article Remember America’s heroes on Memorial Daylast_img read more

first_imgDespite being the least glamorous side of grocery, logistics is the most important. Whilst typically seen as the backend of the supply chain, it is at the forefront of innovation. The success of the supply chain comes down to the logistic company’s ability to adapt and quickly develop creative solutions in the face of growing consumer concerns like environmental concerns, fluctuating petrol prices, noise pollution and the rise of e-commerce.This whitepaper:Outlines the three mega-trends that are shaping the sectorExplains why complexity is now the new normalDetails how to make workspaces greener for better business and happier staffHighlights on how to save time, space and moneyThe Grocer’s Guide to Logistics, Warehousing and Transportation will help you discover more about the challenges and solutions logistics providers are dealing with and developing to help you meet your supply chain challenges. This is an advertising supplement brought to you by The Grocer.The Grocer may use your contact data to keep you informed of its products and services by email. You can withdraw your marketing consent at any time by clicking the unsubscribe link in such email or by sending an email to [email protected] More information on our processing can be found in our Privacy Notice. By submitting this form, you acknowledge that you have read and understand our Privacy Notice.last_img read more

first_imgThe final game of the three game road trip on Sunday saw the Trackers open the scoring at 12:37 of the first period on a goal by Curtis Hammond with the assist going to Connor Kindrat. After 20 mintues the teams would be tied at ones.Owen Floriant would give the visitors the lead 42 seconds into the period with an unassisted marker giving the Trackers a 2-1 lead. Even though they would fire 12 shots on goal the trackers would head into the dressing room after 40 minutes down 3-2.The visitors would make it 4-2 1:58 into the third. The Trackers would make it 4-3 at the 11:18 mark after the second unassisted goal of the game, this time courtesy Connor Kindrat on the powerplay. Working with a man advantage for the last 3:20 of the game the Trackers would tie things up after Connor Bowie scored with 1:34 remaining to tie it up at 4-4. Assists went to Zury Reschke and Curtis Hammond.Curtis Hammond and Connor Kindrat lead their team with a goal and a assist. Connor Bowie and Owen Floriant each potted a goal. Goaltender Tyler MacArthur stopped 4o out of 44 shots.The Trackers find themselves in third place in the Bouchier Division with a record of 3-1-1. And play first place Peace River on Friday. Puck drop is 7:00 p.m.Advertisement The second period would see a parade to the penalty box for the Trackers as the home side would capitalize with the man advantage increasing their lead to 4-1. The Trackers would get outshot 16 to 10 in the middle frame.In the first three minutes of the third teams would trade goals as Aiden Craig-Steele would deposit a pass from Zury Reschke to make it 5-2. Connor Bowie would find the net 37 seconds after the home side would score 24 seconds after Craig- Steele’s goal to make it 6-3. Noah Lang picked up the only assist. The Trackers would outshot the Roughnecks 34-33.Goaltender Dakota Olsen would suffer his first loss of the season.Connor Bowie had two goals, while Aiden Craig-Steele scored once.Advertisement FORT ST. JOHN, B.C. – The NEBC & Yukon Trackers returned home after going 1-1-1 over the weekend.Friday nights game saw the Trackers play St. Albert and they would jump out to an early lead as Aiden Craige Steele opened the scoring just 54 seconds into the game. The lone assist would go to Connor Kindrat. Logan Kimmie would make it 2-0 at 10:11 of the first frame with an unassisted tally. Five minutes later Connor Bowie would find twine after being set up by John Herrington. Making it 3-0 with 5:27 remaining in the first. The home side would score two quick goals to cut the lead to 3-2 going into the first intermission. Goaltender was busy as he made 13 of 15 saves.The second period saw both teams exchange chances as the face paced game saw it’s first penalty at 16:28 by John Herrington. After allowing the tying goal the visitors would respond less than 30 seconds later on a goal by Curtis Hammond. Duncan Ross and Jayden Piket would get the helpers to make it 4-3 heading into the final 20 minutes of play. Shots after two were 21-13 in favour of the home side.- Advertisement -The third stanza saw the Trackers play on their heels as MacArthur was peppered with 18 shots. Only one of which found its way past him at the 10:21 mark. Logan Kimmie would score his second of the game less than two minutes later to put the Trackers up for good. That goal was assisted by Cayden Frenette. The Trackers would get outshot in the game by a 38 to 19 margin.Logan Kimmie lead the team with two goals, while Aiden Craig- Steele, Curtis Hammond and Connor Bowie all chipped in with one goal a piece.Saturday’s game in Leduc saw the Trackers play some undisciplined hockey as Connor Bowie would get the boys on the board with a powerplay goal with 1:03 remaining in the first, cutting the Roughnecks lead in half at 2-1. Connor Kindrat would get the lone assist on the goal. Goaltender Dakota Olsen stopped 11 shots while the Trackers fired 10 of their own on the Roughnecks netminder.Advertisementlast_img read more

first_img…girls are encouraged to registerThe students who will be lucky enough to have secured their spot at the Malteenoes Cricket Academy will be in for a special treat when Social Cohesion Minister with responsibility for culture, youth and sports, Dr George Norton delivers the feature address at the opening of the 2018 edition of the Academy on July 23 at the Club’s venue on Thomas Road, Thomas Lands.In addition to the Minister’s appearance, legendary cricket commentator JosephSocial Cohesion Minister with responsibility for culture, youth and sports, Dr George Norton“Reds” Perreira will also be at the Academy to conduct a number of sessions which will cover topics such as the laws and history, what cricket means to Caribbean people, scoring, doing interviews, table manners and etiquette.The successful cricketing academy will be further fortified with two additional coaches, who were provided by the Director of Sports, Christopher Jones. The coaches are National U-17 Coach Orin Bailey and his assistant, Darien Best, who is the Coach at School of the Nations for the Sir Garfield Sobers Schools cricket tournament in Barbados.The two-week Academy runs from 09:00h to 15:00h each day with an hour’s break from noon for lunch, which will be provided by the Club. Both theory and practical teachings will be done with classroom work being done during the mornings and outdoor sessions in the afternoons.The Academy caters for participants between the ages of 6 and 18; these participants will be divided into two groups: U-13s and age 13-18. The registration fee is $3000 and registration forms can be uplifted at Malteenoes on Thomas Lands.Additionally, girls are being encouraged to join the Academy, and three overseas friends of the Club have combined to fund 18 underprivileged children who cannotJoseph “Reds” Perreiraafford to pay to join, and parents and guardians urged to take up this opportunity. Registration forms are still available at the Club, but only the first 120 students will be accepted.The Academy has produced Test players Ramnaresh Sarwan, Ryan Ramdass and female Windies player Indomattie Goordial, and has been supported by the business community and friends of the Club with their contributions. Malteenoes expressed gratitude to everyone for their support. The Club’s aim is to instil discipline, cricket and life skills in the young participants.last_img read more

first_imgWith fellow first-round picks Arik Armstead and Solomon Thomas pegged to rotate inside next to Buckner on passing downs, the 49ers enter free … CLICK HERE if you are having a problem viewing the photos on a mobile device SANTA CLARA — Whatever money the 49ers earmarked for the defensive tackle position could very well be part of a historic contract. For one of their own.DeForest Buckner is eligible for an extension after his third season produced 12 sacks and a Pro Bowl debut.last_img

first_imgSANTA CLARA — Dee Ford, a speed-rushing pillar on the 49ers No. 2-ranked defense, could miss an upcoming stretch that may dictate the 49ers’ postseason path.Ford strained his right hamstring in Sunday’s 36-26 win over Arizona and did not return after halftime.“There is concern it could be a couple weeks,” coach Kyle Shanahan said.Next up for the 49ers (9-1) is a trifecta of 8-2 opponents: Sunday vs. Aaron Rodgers and the Green Bay Packers, Dec. 1 against Lamar Jackson and the host …last_img read more

first_imgBasizeni School learners discover the joys of playground equipment for the first time. On the roundabout are Retshepile Mbonani and Zinhle Ngcobo. (Image: Casual Day)In celebration of National Child Protection Week, children at a school for special needs can now enjoy swings and a roundabout custom-designed for wheelchair-bound learners.Casual Day is an annual fundraising project that encourages people to dress differently for work for a day. To earn this right, they make a donation of R10 for the official Casual Day sticker. Proceeds benefit people with disabilities.Through the campaign, wheelchair swings and a roundabout custom-designed for children in wheelchairs were installed at Basizeni Special School in eMbalenhle, Evander, in Mpumalanga. The playground equipment has brought much happiness to the pupils.“They were purchased with the proceeds of last year’s Casual Day donations and are bringing joy to our wheelies,” said Mariette Botha, a Basizeni staffer.The school was the top performer in the province on the day, raising R115 590 in donations from the public.“A portion of the donations [is] utilised by the school and the remainder goes to create awareness of persons with disabilities countrywide. We are very proud that not only did we benefit but that we are able to make a contribution to the disability sector nationally. Our contribution was a significant R69 558.”A better playgroundThe Casual Day funds have been put towards playground development and the school has already done some upgrades.“I wish I could convey the joy on the faces of the children when they experience the swings for the first time,” Botha said. “As a teacher at Basizeni I feel humbled and privileged to be involved at this school. Our mission is to make a difference. Disabled learners and Differently abled learners at Basizeni School have many challenges, but with our new principal, Mrs Mirriam Rampai, at the helm we are prepared to face them.“The school is 21 years old and needs maintenance inside and outside. The focus is on developing and creating classrooms, workshops, playground and sport environments with the necessary educational equipment, giving each learner the opportunity to develop to his or her full potential.”Basizeni had positive, enthusiastic staff members and joyful pupils, she added. The only obstacle standing in the way of them achieving their vision was funding. [But] we are entering a new phase, revamping the campus and getting a bus.”“It is a privilege to apply my expertise to improve the lives of young children with special needs,” said Louis Botha, the chairman of the school governing body. “We are committed to improving life skills to provide a space for every learner.”Casual DayFind your local Casual Day organisation and see how you can help. To support Basizeni School, call Mariette Botha on 082 459 1009.This year, Casual Day is on Friday, 2 September, and the theme is “Up Your Game”. So get casual for a cause and help change lives one wheelchair at a time.The funds are raised through a R10 donation for a Casual Day sticker. Keep abreast of activities at Casual Day on its Facebook page and on Twitter at @CasualDay_SA.last_img read more

first_imgWhy Tech Companies Need Simpler Terms of Servic… Tags:#Announcements#cloud Eucalyptus Systems, a Santa Barbara based startup, announced today it has closed a $20 million round of funding. Led by new investor New Enterprise Associates (NEA) with participation from current investors Benchmark Capital and BV Capital, this is the second round of funding for the open source private cloud software provider, bringing its total capital raised to date to $25.5 million. Eucalyptus provides software that allows organizations to deploy private and hybrid cloud computing environments within a secure IT infrastructure. Eucalyptus supports the same APIs as public clouds and boasts full compatibility with the Amazon Web Services infrastructure, addressing interoperability and facilitating the movement of data between public and private. A Web Developer’s New Best Friend is the AI Wai… audrey watters 8 Best WordPress Hosting Solutions on the Market Top Reasons to Go With Managed WordPress Hosting The software is available in two editions: Eucalyptus Open Source and the recently release Enterprise Edition.The company says that today’s VC funding will be used to scale development, marketing and sales, and Eucalyptus hopes to meet the increasing demand for cost-efficient and scalable infrastructure solutions that address enterprise needs for both private and hybrid clouds. Although Eucalyptus took an early lead in this space, there has been substantial activity in this area lately, with the recent launch of Nimbula for example. Related Posts last_img read more