Zenith Bank PLC (ZENITH.ng) listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2015 presentation results for the third quarter.For more information about Zenith Bank PLC (ZENITH.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Zenith Bank PLC (ZENITH.ng) company page on AfricanFinancials.Document: Zenith Bank PLC (ZENITH.ng) 2015 presentation results for the third quarter.Company ProfileZenith Bank Plc is a financial services institution in Nigeria offering banking products and services for the personal, commercial, corporate, private and investment banking sectors. The company also offers non-banking services such as foreign exchange, treasury, trade services and cash management services. Its full-service offering ranges from transactional accounts, savings accounts and deposits to short term investment funds, association accounts, personal funds management, funds transfer service and import letters of credit. Established in 1990 and formerly known as Zenith International Bank Limited, the company changed its name to Zenith Bank Plc in 2004. The company has three subsidiaries: Zenith Bank (Ghana) Limited and Zenith Bank (Sierra Leone) and Zenith Bank (Gambia) Limited. It has representative offices in South Africa and The People’s Republic of China. Its company head office is in Lagos, Nigeria. Zenith Bank Plc is listed on the Nigerian Stock Exchange
ARDOVA PLC (ARDOVA.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2016 interim results for the first quarter.For more information about ARDOVA PLC (ARDOVA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the ARDOVA PLC (ARDOVA.ng) company page on AfricanFinancials.Document: ARDOVA PLC (ARDOVA.ng) 2016 interim results for the first quarter.Company ProfileARDOVA PLC formerly (Forte Oil Plc) sources and markets petroleum products in Nigeria which includes fuels, production chemicals, lubricants, greases and power generation for automobiles, aircraft, machines and equipment. The Fuel division supplies white petroleum products, aviation turbine kerosene and Jet A-1 aviation fuels; the Upstream division supplies ancillary products for the exploration and production sub-sector of the oil and gas industry; retail and industrial products include lubricants and grease; organic and petro-chemicals; premium motor spirit, automotive gas oil, dual purpose kerosene and fuel oils. Forte Oil Plc also has business interests in power generation through the 414MW Geregu power plant located in Kogi state. Established in 1964 and formerly known as African Petroleum Plc, the company changed its name to Forte Oil Plc in 2010. Its head office is in Lagos, Nigeria. ARDOVA PLC is listed on the Nigerian Stock Exchange
November 20, 2017 at 1:14 pm Reply Oh come on now, Mr. Towne, if you remember, I had already promised to drop the subject of turkeys, in my posting above, before you even asked me to, you turkey…..lol Reply Reply Florida gas prices jump 12 cents; most expensive since 2014 Reply charles towne Kristin Mama Mia November 21, 2017 at 8:33 am Thanks for reminding us that a beautiful, restful place exists that we may visit and recharge our hearts and souls if only we are willing to spend the small time it requires to visit nature, which I think of as God’s own theme park! charles towne Mama Mia Mama Mia Reply Richard Sommerfeld November 21, 2017 at 5:11 pm LEAVE A REPLY Cancel reply George Reply November 22, 2017 at 3:50 pm Mama Mia, you are a hoot! When I was a boy we had turkeys on the old home place. They liked to roost in the trees overhanging the river with their tail feathers hanging in the water. One night it got real cold and when I got up in the morning several of the turkey’s tails were frozen fast. What to do? Well, being of a charitable frame of mind and feeling that I had to help the poor birds, I loaded up the twelve gauge shotgun, took aim and pulled the trigger. No, I did not shoot the turkeys, what kind of a guy do you think I am? I shot the ice UNDER the turkeys, liberating them sans tail feathers. As I remember we ate pheasant that year. Bless you and yours, Gobble, Gobble, Gobble! Chaz Reply Google: Turkeys staying at the Willard Hotel in Washington, DC…..because I want you to look at those turkeys upon the beds of that $ 3,000 per night hotel room! OMG… They also watched NFL football, and are fans of Faith Hill and Tim McGraw music and the rock group Journey….uh uh uh….SMH !!! November 20, 2017 at 11:37 pm charles towne Reply Please enter your comment! Reply November 21, 2017 at 5:09 pm UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 Dear Mama Mia, let’s agree to let the turkeys rest for awhile, please? Speaking of turkeys, there are a lot of dem, excuse me, that was supposed to be THEM, goofy birds living in Washington, but we won’t say that ’cause it wouldn’t be politically correct. Sincerely yours, Chaz Reply charles towne TAGSWekiva River Previous articleIn case you missed it: The Apopka news week in reviewNext articleAAA offers Tow-to-Go program on Thanksgiving weekend Denise Connell RELATED ARTICLESMORE FROM AUTHOR Reply November 21, 2017 at 6:17 pm 19 COMMENTS Reply Mama Mia Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom Ah Mr. Towne, you are making me laugh too much sir, you are so funny. Now you didn’t have to go to the trouble of posting one of those footnote disclaimers….LOL.. Thanks for your response and opinions, and I wish you a very blessed and Happy Thanksgiving! Mama Mia Thank you for sharing your Wekiva bear experiences. I felt like I was there myself. It is amazing to think that bears enjoy the sunset and sing to themselves. But, why not? And that they are not only playful but can also be pranksters. Share on Facebook Tweet on Twitter November 21, 2017 at 8:03 am Boy, Kristin, you said it so well, Why not? It is my experience that we can learn so much from the animal world. Most people want to relegate the animal world to the role of, “Dumb animal” but in reality they can teach us so much. Thanks for your wisdom and understanding. Chaz November 21, 2017 at 4:32 pm The bears prowling around here in the City of Apopka are going to have a mighty fine Thanksgiving feast on Thursday night, Thanksgiving, because I see where the COA garbage trucks are not going to be scheduled for regular garbage pickup that day, until much later on…. We don’t have any bear-proof garbage cans, here in the COA, like in the county, and the bears are sure going to be happy campers after the turkey carcasses and leftovers are discarded, and left out for days in the garbage cans. Garbage is always a temptation to dogs, raccoons, o’possums, hungry humans, and bears. It seems that it is impossible to educate human beings to place their garbage cans curbside on the morning of pickup. Bears are very intelligent creatures of habit. If they have found food in a place once, they will invariably return. The state folks have tried to educate the poor, dumb people with information via t.v. and literature to little or no good effect. There are no bear PROOF garbage cans in the state, just bear RESISTANT. Keep the cans in the garage until pickup day. Sorry, no comment on the idiocy of the politicians that will put up a couple of turkeys in a three thousand dollar a night suite. THE DARNED TURKEYS DON’T WANT TO BE THERE! You have a nice turkey day dear, ChazDISCLAIMER= The two above comments are the opinion of Charles Towne only and everybody knows he doesn’t have the good sense the good Lord gave a goofy gopher. Reply Mama Mia I see where the annual turkey pardon, at the White House must have gone as planned, don’t know for sure, but they showed two huge big pretty white feathery turkeys and they said on tv, that these two turkeys are even getting their own special accommodations inside a swanky Washington Willard Hotel room overnight, and that normally the hotel room rate goes for $ 3,000 a night. Obviously everybody in DC must be losing their minds….who is going to want to pay $ 3,000 dollars for a hotel room full of ” turkey turds ” after those turkeys check out….LOL…..wheeeeeeee….!!! November 21, 2017 at 4:38 pm By Charles Towne/Columnist for The Apopka Voice My first great love was a river.From wading and swimming in the Fox River of Illinois in my childhood I learned her surprises, her secrets, her dangers, and her charms. Yes, I was exposed to her unpredictable, intimate persona, and I learned that she, like a lover, was always changing, never the same.Here in Central Florida, I have discovered another river – the Wekiva.What marvels, what mysteries, what beauty awaits us as we explore the Wekiva! This riverine habitat is home to a broad spectrum of wildlife. Here dwells the large, as well as the small. From tiny rodents that make up the bottom of the food chain, to deer and bear. I so appreciate that old man of the forest, the black bear. As a naturalist observing the wildlife on the Wekiva River I have been rewarded so often by Blackie’s capricious nature. I have learned by direct observation that bears are highly intelligent.One of the indicators of intelligence in any creature is its ability and willingness to play, and that is what I want to share with you today. Black bears might appear clumsy, clownish, but they are never dull. And cute? Yeah, adorably cute when they are cubs. As they age they tend to lose that early playfulness for the most part, but I have seen fully grown bears of both sexes play with other bears. Once I watched a big male playing with of all things, a turtle.I am certain the turtle was an unwilling participant.The bear was slapping the turtle around something fierce. The turtle would roll several feet and the bear would chase it, pounce on it, grab it in both front paws, then, clutch it to himself he would mouth it, slobbering and drooling on the poor turtle as if he were trying to turn it into a big wet spitball. The turtle was slapped again to go rolling a score of paces only to be pounced on again. The reptile, a gopher tortoise common to Florida, was next clutched tightly to bruin’s chest, the bear rolled onto his back, juggling the toy, and then there was some more mouthing and slobbering.At any time the bear could have closed powerful jaws on his unwilling toy, killing it, but it was obvious that was not his intent. The worst thing that could have happened to that poor turtle was he could possibly drown in all of that foamy bear slobber. Finally the bear dropped the turtle and walked off swinging his big bear behind in that humorous way of his kind. Another time I watched a large male sitting on the bank of the Wekiva. The bear was sitting on his broad rump on the riverbank.At first I was puzzled. What was the creature doing? Then it struck me, the bear seemed to be enjoying the sunset. Ever so quietly I let the canoe drift to within twenty feet of the bear where it washed up against a large raft of water hyacinth and stopped. The bear, sitting there swaying forward and backward, was unaware of me, and not wanting to break the spell of the moment I sat still and watched and enjoyed, listening to the water murmur under the canoe.Truly it was one of those magical moments that you learn to look forward to if you spend enough time in wild places. Then it was that I heard something else. At first I was uncertain as to just what I was hearing, a low murmuring; moaning sound. And when I realized what was making the sound I was almost shocked, for that bear was crooning, singing a bear song if you will. I sat there until the sunset was almost gone, and then, dark shadows finally swallowed the bear.I have seen Blackie play with a twig in the water. I have filmed a another bear push and pull at a log, lifting it, for no more reason than it was there, and needed to be pushed and pulled and lifted. I have watched adults go into mock wrestling bouts, only to break off the contest after a short time, to go their separate ways. After witnessing these periods of whimsy, I can only conclude that though bears spend much time alone, they certainly like to play, and they enjoy the occasional company of another bear. I will never forget the time I was videotaping a young bear. I had laid my notepad down on the ground and was following the little guy as he led me in a huge circle through the woods adjacent to the Wekiva, and would you believe it, he ended up back at my notepad where he turned, looked at me, and I swear that little demon was grinning as he squatted and pooped on my notepad! I got it on film folks.Go to the Wekiva, but go quietly. Wet a line, catch a fish or three, and be prepared for the unexpected. Please enter your name here November 21, 2017 at 4:56 pm The turkeys will live out their days there and will join Tater and Tot, two other turkeys already there that former President Obama pardoned when he was president. President Trump stated that he had been reversing a lot of Obama’s executive orders and such as that, and Trump apparently was looking into reversing the pardons of Tater and Tot, who were Obama’s pardoned turkeys, but the White House authorities told Trump that could not be, as the pardons were not reversible….!!!! I swear, I am not making this up, it right on you tube/ Donald Trump pardons his first turkey, Drumstick….check it out. Umm..umm…ummm….SMH!!! Reply November 21, 2017 at 11:55 am Reply November 20, 2017 at 11:00 pm Mama Mia Reply I learned to love the Wekiva and its residents from my friend Charles. Thanks for the introduction and the memories Yea, we got the truck fixed and back out of the shop! I am thankful for that. You have entered an incorrect email address! Please enter your email address here Mama Mia Reply Mr. Towne, I sure was upset when I heard about the news of the bear over in the Springs subdivision, off of 434 where a couple’s little 12 year old Yorkie dog was killed by a bear that had been hanging out around there, and had already killed another dog in that same subdivision only 2 weeks ago. What do you think that the FWC should do in this case about the bear? Do you think the bear should be relocated, left alone, or euthanized? I was just wondering what you think should be done about this bear. I remember not too long ago, maybe a year or two ago, a bear was hit by a car near this Springs subdivision, and was killed and was left lying by the shoulder of 434….. November 20, 2017 at 5:02 pm November 22, 2017 at 10:43 am Dear Mama Mia, I want you to know that I resemble that comment! Gobble, gobble, gobble! Chaz charles towne Okay I have found out more about the turkey that got pardoned today by President Trump, the one named Drumstick, the biggest one. The other turkey, Wishbone, is safe also, as both turkeys are heading to Gobbler Ranch, I think that is what they called it, an enclosed area of refuge at the Virginia Tech University…… November 20, 2017 at 10:43 pm Dear Mama Mia, I am not aware of all the circumstances concerning the dogs being killed so it is hard for me to comment. One thing that we do know is relocation does not work here in the sunshine state. The only thing that will keep a bear from traveling back to its home range is a large body of water or a mountain range and we have neither in this state. If in fact a bear killed two dogs I wonder why? Euthanasia is certainly a viable solution, but? Research will prove that bears are not usually dog killers, but there could be extenuating circumstances I suppose. Sad, very sad for the dogs, the folks that owned the dogs, and the bear. After the fact there are no winners in a situation like this. These are just some of my thoughts, sorry I can’t give a definitive answer dear lady. Your inquiry bring up a lot of questions that call for answers that the powers that be do not have. Other states have approached and solved the difficult problem more reasonably and more honestly, Washington state for instance. More another time. Chaz charles towne Mama Mia Lower Wekiva River Preserve November 21, 2017 at 12:41 pm November 21, 2017 at 6:27 pm Mama Mia Reply November 21, 2017 at 12:23 pm This entire turkey talk gets even more confusing, as on the internet, there are two more turkeys named Bow and Tie, which one website identifies those two turkeys as the ones on the beds at the Willard Hotel….I give up, trying to get the straight of this story, and promise to leave the turkey subject alone for awhile. It is making me want to go fix a shot or two of Wild Turkey……. Reply Save my name, email, and website in this browser for the next time I comment.
ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/448924/ardmore-residence-unstudio Clipboard Photographs ArchDaily Ardmore Residence / UNStudio CopyAbout this officeUNStudioOfficeFollowProductsWoodGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsHousingResidentialSingaporePublished on November 18, 2013Cite: “Ardmore Residence / UNStudio” 18 Nov 2013. ArchDaily. Accessed 11 Jun 2021.
Alzheimers Society job button Howard Lake | 12 March 2010 | News 19 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis
Transaction price comparisons for CharityChex by Nochex BT MyDonate’s closureNochex has been recruiting smaller charities that previously used BT’s MyDonate service, which closes in June. These include All Saints Church (Winterton), Ambassadors Football Ireland, Batley Homeless Project, the Centre for Adults’ Social Care – Advice, Information and Dispute Resolution (CASCAIDr), Friends of Attend ABI (fAABI), Giving Sadaqa, and Jamyang Buddhist Centre Leeds.Kerry Prest, Director at Jamyang Buddhist Centre Leeds, was looking for a replacement to BT MyDonate. “We were really very pleased when we learned that a company just down the road from our new home could help us”, he said. “Nochex has taken care of almost everything for us and we are very grateful for their help.”In addition to online payments, Nochex also provides the facility for its merchant customers to accept payments over the phone, via email and recurring payments, membership and payment solutions for clubs and other groups, as well as point of sale.Free transaction processing offerNochex is offering free transaction processing to charities until 31st July 2019.Commercial Director Andrew Baiden explains why Nochex has taken the approach of not charging charities for three months. He said: “We have had a great take-up among the charities we approached, but there are just so many smaller charities that we want to reach out to that offering a free service seemed like a great way to get our message across.” Tagged with: Digital payment 296 total views, 3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis10 295 total views, 2 views today WATCH: Take Charity Donations 1.4% + 10p with CharityChex[youtube]https://www.youtube.com/watch?v=hTcU9vYAbnY[/youtube] Howard Lake | 9 May 2019 | News Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis10 About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Online payments company Nochex has introduced CharityChex, a donation handling service designed particularly for smaller charities.The company, which already provides payment services to small and medium sized enterprises throughout the UK and Europe, claims that it offers “one of the lowest transaction rates” available to charities.Donations are handled on a page created for them by Nochex. There is no charge for creating the page. Charities can integrate payment buttons on their own website or Nochex’s integration team can do this for them.CharityChex’s regular transaction charge is 1.4% + 10p, which it contrasts with other providers who charge more.CharityChex will claim Gift Aid on behalf of charities “and not keep any for itself”.It states that a £50 donation with £12.50 Gift Aid on top would cost a charity just 98p, meaning that the charity would receive £61.52. Nochex offers low transaction processing rates for charities
Mumia Abu-JamalIf there is one unifying principle emerging from the disaster known as the Trump Regime, it is the president’s singular mission to erase the executive presence of his predecessor, Barack Obama.This may be seen most recently in Trump’s bumbling undoing of Obama’s executive order known as DACA — the Deferred Action for Childhood Arrivals program — done to further endear him to his so-called “base,” white nationalists who love to hear about the suffering of nonwhite Others.Under DACA, some 800,000 young people, many brought to the U.S. as babies, were given a pass to live, study and work in the U.S., often the only home they’ve ever known.Trump’s revocation of DACA snatches that pass away, sending tremors of fear of deportation in nearly a million people.Incredibly, just days before he formally issued his executive revocation, he talked about how much he “loved” DACA kids.Meanwhile, Latinx — who are among the largest number of DACA recipients, who came here because of U.S.-supported state violence in Honduras, Guatemala [and other parts of] Central America — after the slap-in-the-face of the pardon of Joe Arpaio, the former Arizona sheriff found in criminal contempt of a federal court order for intentional racial profiling, are in no mood for Trumpian “love.”They know that he ran on anti-Mexican fear and hatred.What’s love got to do with it?Mumia Abu-Jamal © 2017FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
First Heatwave Expected Next Week EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News Name (required) Mail (required) (not be published) Website Government Pasadena Police Teach Indio Police a Thing or Two About Major Event Crowd Control From STAFF REPORTS Published on Tuesday, September 6, 2016 | 4:29 pm 0 commentsShareShareTweetSharePin it Community News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. More Cool Stuff HerbeautyRed Meat Is Dangerous And Here Is The ProofHerbeautyHerbeautyHerbeautyBollywood Star Transformations: 10 Year ChallengeHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeauty faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday The Pasadena Police Department taught the Indio Police Department a thing or two about how to better handle large indoor crowds during the Coldplay concerts at the Rose Bowl in late August.In preparation for Desert Trick, a mega-rock festival set to kick off in October featuring the Rolling Stones, the Who, Paul McCartney and other major headliners, members of the Indio Police Department teamed up with Pasadena police officers to better learn how to handle large crowds at indoors venues, according to a report by The Desert Sun newspaper.They picked a good place to practice, as about 100,000 concertgoers enjoyed the UK rockers perform hits from their newest album as well as classic favorites.Though Indio police are not newcomers when it comes to handling crowds, as evidenced by their two decades of managing the hundreds and thousands of people who flock to Riverside every summer to attend music festivals such as Coachella or Stagecoach Country Music, they are more familiar with managing concerts that are outdoors.“This venue is basically a stadium that’s going to be built outdoors,” said Sergeant Dan Marshall of the Indio Police Department in an interview with The Desert Sun. “We know how to do a festival, there’s no doubt about that … but this is different.”Indio police and city staff have been preparing for Desert Trip since it was announced after last year’s Coachella festival, according to the report. When Desert Trip arose, Pasadena offered the Coldplay concert to Indio police as practice.According to Marshall, Indio police spend several hours at the Rose Bowl prior to the Coldplay concert learning about protocol, but left prior to the actual concert starting.Marshall told The Desert News that the most valuable experience he got was getting to see what they had gotten right in terms of planning for Desert Trip.“We walked away with reinforcement that we’re on the right track,” he said. Make a comment Business News Your email address will not be published. Required fields are marked * Top of the News Subscribe Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena
Share Save About Author: Krista F. Brock Previous: McCalla Raymer Leibert Pierce Expands Into Washington, Oregon, Texas Next: Loan Denial Rates Decline The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: FHA Foreclosure HUD Subscribe Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Foreclosure, News Krista Franks Brock is a professional writer and editor who has covered the mortgage banking and default servicing sectors since 2011. Previously, she served as managing editor of DS News and Southern Distinction, a regional lifestyle publication. Her work has appeared in a variety of print and online publications, including Consumers Digest, Dallas Style and Design, DS News and DSNews.com, MReport and theMReport.com. She holds degrees in journalism and art from the University of Georgia. Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Avoiding Foreclosure at All Costs The Best Markets For Residential Property Investors 2 days ago FHA Foreclosure HUD 2020-07-02 Mike Albanese Avoiding Foreclosure at All Costs Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily As policymakers continue to discuss how to react to the current economic disruption, new research aims to highlight lessons from the last major economic crisis. In a series of briefs, Harvard University’s Joint Center for Housing Studies (JCHS) and the Federal Reserve Bank of Boston highlight alleged shortcomings at the Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) during the Great Recession and revisits the potential for principal reductions on FHA-insured loans.The briefs are written from the premise that foreclosures have far-reaching negative impacts, and thus any and all practical steps to avoid foreclosure should be taken.“The literature on foreclosure is unequivocal: foreclosure is detrimental to households, to neighborhoods, and to the municipalities in which the homes are located,” wrote Rachel Bratt, author of the research briefs published this week.Bratt studied the policies of HUD and the FHA leading into and during the Great Recession and offered several areas for the agencies to explore moving forward in order to prevent foreclosures and their negative impacts.She proposes HUD consider the option of principal debt forgiveness, which is currently forbidden at the agency and has been debated in the past for its moral hazard. Bratt said HUD could offer a partial-payment option, in which the department covers a portion of a borrower’s principal.Acknowledging that the FHA’s Mutual Mortgage Insurance (MMIF) is currently sound, Bratt suggests the agency could do more to help borrowers in need.“Going forward, the fund must continue to function in a financially sound manner, but HUD also should be willing to draw on the fund to help homeowners remain in their homes,” she wrote.When borrowers become delinquent, it is common practice for HUD to sell those loans into the private market. Bratt calls on HUD to monitor those private entities to ensure they take appropriate steps in foreclosure prevention.In some areas, Bratt calls for “more consistent and better enforcement” of existing rules and policies at HUD. For example, “the requirement that the lender offer a face-to-face interview to the mortgageor prior to foreclosure, represents a case of lender/servicer noncompliance and HUD enforcement failure,” she wrote.The research is particularly timely as the economy faces another recession and “we will likely soon be facing an increase in loan defaults and foreclosures, as significant numbers of people are unable to make their mortgage payments,” according to the research. The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles July 2, 2020 1,244 Views
Google+ Nine Til Noon Show – Listen back to Wednesday’s Programme GAA decision not sitting well with Donegal – Mick McGrath Dallat says independent inquiry into firefighter’s death is now inevitable Calls for maternity restrictions to be lifted at LUH Google+ Pinterest Guidelines for reopening of hospitality sector published WhatsApp Previous articleNW Radiotherapy Centre is on track for Autumn 2016 openingNext articleRoad reopens following two car collision near Newtowncunningham admin Twitter Facebook By admin – January 19, 2016 WhatsApp Homepage BannerNews RELATED ARTICLESMORE FROM AUTHOR Three factors driving Donegal housing market – Robinson Twitter Pinterest Facebook LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton An East Derry MLA says he believes an independent inquiry into the death of a fireman in Limavady over 12 years ago is now inevitable.Joe McCloskey fell to his death when responding to a hotel fire in Limavady, and last week, the Attorney General in the North named the superior fire officer who ordered him onto the roof which subsequently collapsed.John Dallat has told the assembly that the individual named in the Attorney General’s Report is the same person named to him by a retired police officer last week.Mr Dallat says he believes a cover-up took place, and that needs to be examined……..Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/01/dallatfirecall.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.