Delinquencies Recover from Spike

first_imgHome / Daily Dose / Delinquencies Recover from Spike Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago About Author: Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Delinquency Foreclosure Mortgage Rates August 22, 2019 1,162 Views  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Prepayment activity hit its highest levels since 2016 while delinquencies recovered from their June spike, according to the First Look at July 2019 mortgage data from Black Knight. Prepayment activity jumped 26% from June to its highest level in nearly three years and 58% above this time last year as falling interest rates continue to fuel refinance incentive.According to the First Look, the national delinquency rate dropped by 7%, offsetting the bulk of June’s 11% spike. At 3.46% of the active mortgage universe, delinquencies are just above the record low reached back in May. It’s also the lowest for any July on record going back to 2000. Both serious delinquencies and active foreclosure inventory fell as well. Black Knight states that serious delinquencies continued to improve, as these loans, 90 or more days past due but not in active foreclosure, dropped by 11,000 in June. Active foreclosures fell by 1,000. Despite July’s decline, mortgage debt and delinquencies make up a large portion of household debt. According to the Federal Reserve Bank of New York, severely derogatory balances are now half of all delinquencies.“Although the housing crisis produced a huge increase in severely derogatory mortgages, that effect has dissipated as the foreclosure pipeline has cleared out in even the slowest states,” the Fed states. “Today, auto and especially student loan balances are the interesting components: in the second quarter of this year, the outstanding severely derogatory balance is comprised of 35 percent defaulted student loans, which have grown stunningly since 2012.”According to the latest Quarterly Report on Household Debt and Credit from the Federal Reserve Bank of New York, total household debt increased by $192 billion (1.4%) to $13.86 trillion in the second quarter of 2019. This is the 20th consecutive quarter with an increase the Fed’s Center for Microeconomic Data notes. Related Articles Share Save 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. Previous: Ask the Economist: Millennial Demand and Affordability Issues Next: Homeowners Unprepared for Storm Risks Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily in Daily Dose, Featured, Foreclosure, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago Delinquencies Recover from Spike Delinquency Foreclosure Mortgage Rates 2019-08-22 Seth Welborn Subscribelast_img read more

Europe’s Euthanasia Craze

first_imgFirst Things 9 January 2015The case of Frank Van Den Bleeken—the Belgian murderer and rapist who requested to be euthanized rather than spend life in prison—has provoked its fair share of comment. And rightly so, for the facts of this case are shocking. But far more shocking is the rapidly growing euthanasia culture that made this whole affair possible. The increasing normalization of euthanasia is just one of many social trends that reveals a Europe that is becoming profoundly estranged from its Judeo-Christian heritage. As that happens, European societies are losing the moral and spiritual anchor with which to resist the gradual slide into a complacent nihilism.When Bleeken’s request to be euthanized was granted, much of the outrage came from those who insisted that he should be forced to serve his full life sentence in prison. There was remarkably less comment on the fact that the authorities were granting a euthanasia request to someone who was not terminally ill—the fifty-two year old is not in any physical ill health. But as it happens, Bleeken’s request will not go ahead for the moment as the doctor who was to carry out the procedure has pulled out on the grounds that “certain legal due diligence” had not been followed.So Bleeken has been saved from his request on a technicality, not because anyone in authority thought there was anything inherently wrong with what he was asking for. After all, this is just the latest high profile euthanasia case to have come out of Belgium in recent years. Many of these cases have been unspeakably sad. There was the individual who chose to be euthanized following a sex change operation, but who spoke mostly of having been unwanted as a child. And then there were the Vebessem twins who had lived all their lives together, both deaf, but who feared they might also go blind. Following these cases, the Belgian parliament determined that euthanasia is such a universal good that it should be made available for children.In the case of child euthanasia, Belgian law stipulates that “the patient must be conscious of their decision and understand the meaning of euthanasia.” If not so appallingly tragic, such a provision would be laughable. But in neighboring Holland, sickly infants are now being killed on the grounds that it is distressing for parents to watch them suffering, and the Royal Dutch Medical Association estimates that 650 such newborns are terminated each year.In those countries that have legalized euthanasia (Belgium, Holland, and Luxembourg) the numbers seeking the procedure are spiraling ever upward. In 2013 there were 1,087 cases of euthanasia in Belgium, up 27 percent on the figures for 2012, while 2012 saw a 25 percent increase on the numbers for 2011. A third of those undergoing euthanasia in 2013 were under sixty, and some sixty-seven cases involved euthanasia on mental health grounds, which must surely raise some question about the validity of the term “consent.”  In Holland, it has been estimated that 12.3 percent of all deaths are now via euthanasia, with the number of mentally ill patients killed by this method having trebled in the space of a year. In all, it is thought there were around six thousand cases in 2014. Recent incidents included one woman with an eating disorder, and another claiming to be suffering from tinnitus left behind two teenage children.http://www.firstthings.com/web-exclusives/2015/01/europes-euthanasia-crazelast_img read more

Ferdinand “very upset” with Man Utd keeper Henderson

first_img There has been some talk Henderson could usurp David de Gea as United’s No.1 next season following a string of errors by the Spaniard over the last couple of years. read also:Big spending Chelsea threaten Man Utd Henderson plans But Ferdinand was seemingly unimpressed by the England Under-21 international conceding the late goal. He told BT Sport: “I spoke about this a while ago, as a defender I would be very upset with the keeper there. FacebookTwitterWhatsAppEmail分享 Rio Ferdinand has said he would be “very upset” as a defender with Manchester United goalkeeper Dean Henderson after Arsenal’s last-gasp winner at the shot-stopper’s loan club Sheffield United. Henderson – who has impressed for the Blades – was beaten at his near post by Dani Ceballos as the Gunners booked their place in the semi-finals of the FA Cup. It came after David McGoldrick thought he had forced extra-time by cancelling out Nicolas Pepe’s opener from the penalty spot at Bramall Lane.Advertisementcenter_img Loading…last_img read more

Cricket News All-round India pound New Zealand, take unassailable lead in series

first_imghighlights Taylor, who had gotten starts in Napier and in the previous game, dug in and he got good support from Tom Latham. After being troubled by Pandya and Shami’s bouncer barrage and by the guile of Chahal, both batsmen made confident progress. Taylor cracked two fours off Pandya and notched up his 46th fifty with two fours off Kedar Jadhav. Latham grew in confidence and slogged Chahal for a six over long leg but the partnership of 119 was broken when Latham (51) holed out to deep midwicket.The partnership ended at the wrong time as New Zealand struggled for death overs momentum. Pandya got rid of Mitchell Santner (3) and Henry Nicholls (6) while Shami ensured Taylor (93) would not get to his century as he steered a length ball to Karthik. New Zealand failed to bat out the 50 overs and they were bowled out for 243.India too strongIn response, Dhawan and Rohit started brilliantly and the run-rate was over six. However, Dhawan (28) played a loose shot to be caught by Taylor at slip off Trent Boult. From that point on, it was one-way traffic. Rohit and Kohli found the gaps on a regular basis and New Zealand ran out of ideas. Rohit launched Santner over deep midwicket and Kohli got going with two boundaries off Ish Sodhi. The partnership between the duo went past 100, the 16th time they had achieved this feat. Rohit and Kohli notched up their 39th and 49th fifty respectively but Santner broke the stand as Rohit fell for 62, stumped only for the second time in his career.New Zealand had some hope when Kohli drove a full ball from Boult to Nicholls at cover but Karthik and Rayudu ensured there would be no further hiccups as they steered India to a comprehensive win. It was the ideal way for Kohli to end his sojourn in the Southern Hemisphere and India will now be aiming to dish out more pain to New Zealand. India won a series in New Zealand for the first time since 2009.Kohli and Rohit hit their 49th and 39th fifty respectively.India lost 0-4 to New Zealand in their last meeting here in 2014. New Delhi: After conquering Australia, Virat Kohli’s Indian cricket team has destroyed New Zealand in style. Rohit Sharma’s 39th fifty, the skipper’s 49th fifty and yet another clinical performance by the bowlers gave the Indian cricket team a thumping seven-wicket win in the third ODI at The Bay Oval against New Zealand on Monday. The win ensured an unassailable 3-0 lead in the five-match series and it gave India their first series win in New Zealand since 2009. In 2014, India was undone by some inspired performances from New Zealand’s batsmen and bowlers as they were hammered 0-4. Five years later, New Zealand was at the receiving end of yet another display of clinical batting and bowling from a side that is on top in all departments.New Zealand chose to bat while Kohli made two changes. MS Dhoni was rested after he was diagnosed with a sore hamstring while Hardik Pandya, who was suspended for his comments on the show Koffee With Karan, was included in place of Vijay Shankar. Martin Guptill and Colin Munro, who have often provided fast starts to the team in the powerplay stages have struggled in this series. The failures of Guptill and Munro at the top have put pressure on the rest of the New Zealand batting, who have struggled for momentum.Mohammed Shami should have had Munro but Dinesh Karthik spilled the chance but the bowler had the last laugh, luring the left-hander into the drive and edging to Rohit at slip. Guptill slammed a six and four off Bhuvneshwar but he drove at a full ball and edged to Karthik who made no mistake. Williamson, the skipper, looked good and he set about rebuilding the innings with Ross Taylor. However, on 28, Williamson danced down the track to Yuzvendra Chahal to whip it to midwicket but Pandya, on return, dived to his left to take a stunning catch. For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps.last_img read more

Increased patrol on highways M65 and M33

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisALPENA, Mich. — Michigan State Police will begin their 2020 summer traffic initiative and is asking the public to do its part to keep the roads safe.The purpose of the initiative is to give more attention to roads with increased traffic during the summer months.According to Public Information Officer, Lt. Derrick Carroll, the initiative is also in place to enforce safer travel for all motorists.Carroll said there are specific thoroughfares that have seen traffic increases resulting in a heavier police presence.In addition to driving safely, Carroll wants to remind everyone of what to do should you see first responders while traveling.The patrol presence will begin tomorrow July 31st and will continue every Friday and Sunday through Labor Day weekendAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisContinue ReadingPrevious Northern Strike benefits local economyNext Both Alpena County sheriff candidates feel betrayed by each otherlast_img read more

Live updates: Raiders beaten by Texans, 27-24

first_imgSERIES: Texans lead all-time series 7-4. LAST … GAME ESSENTIALS: Raiders (3-3) vs. Texans (4-3) at Houston on Sunday at 1:25 p.m. (PT)TV: CBS-TV, Andrew Catalon (play-by-play), James Lofton (analyst), A.J. Ross (reporter).ODDS: Texans -6.5 (opened at Texans -6.5). OVER/UNDER: 51.5 (opened at 48). Join us for live scoring updates, news and analysis Sunday afternoon when the Raiders close out their long run of games away from Oakland by facing the Texans in Houston.last_img

South Africa’s public broadcasting radio stations

first_imgHere’s a list of South Africa’s public broadcasting radio stations.To listen to a radio station that speaks your language, visit the South African Broadcasting Corporation’s radio guide. (Image: Pexels.com)Brand South Africa reporterThe South African Broadcasting Corporation (SABC) is responsible for public-service broadcasting in South Africa.While wholly owned by the state, the corporation is financially independent of taxpayers’ money, deriving its income from advertising and licence fees in a ratio of four to one.The corporation’s public broadcasting arm includes cultural services in all 11 official languages, as well as stations for South Africa’s Indian (Lotus FM) and San (XK FM) communities. By far the largest radio station in South Africa is Ukhozi FM, the SABC’s isiZulu cultural service, with 6.38-million listeners a week.Below is a guide to all of the SABC’s public-service broadcasting stations. To listen to a station online, go to AntRadio.Ukhozi FMBy far South Africa’s largest radio station, broadcasting in isiZulu, the country’s largest language group, Ukhozi – meaning “eagle” – is a semi-national adult contemporary radio station with a public broadcasting mandate. The station offers news, music, current affairs, talk shows, education, sport, weather and traffic. Music includes jazz, R&B, kwaito, house, gospel and African traditional. A significant part of programming targets the youth, who form a third of the total station audience.Frequency: see the Ukhozi frequency finderUkhozi FM websiteBroadcast area: KwaZulu-Natal, Gauteng, Mpumalanga, northeastern Eastern Cape, eastern Free State, eastern North West and southern Limpopo.Audience: Over 7.7 Million listeners.Language: isiZuluOffers live internet audioSAfm“The station for the well-informed.” SAfm is the English-language SABC radio service which covers the news and canvasses the opinions of the country. In accordance with its mandate as the English-language SABC public broadcasting service, SAfm also explores broader themes and subjects relevant to its target market and delivers the information in a manner to benefit all South Africans.Frequency: 104 – 107 FMSAfm websiteBroadcast area: NationalAudience: Over 500 000 listenersLanguage: EnglishOffers live internet audioRadio Sonder GrenseThe SABC’s national Afrikaans cultural service, Radio Sonder Grense – meaning “radio without borders” – targets the white, coloured and Indian market, offering news, current affairs, sport, lifestyle, education and music – alles in een – sonder grense. The format is primarily talk and current affairs, interspersed with soft pop and rock hits, 60% of which are English and 40% Afrikaans.Frequency: see the RSG frequency guideRadio Sonder Grense websiteBroadcast area: NationalAudience: 1.26-million listenersLanguage: AfrikaansOffers live internet audioLotus FMLotus FM is a metropolitan, music- and talk-focused Indian lifestyle station, reflecting the music, culture and lifestyle of the progressive South African Indian community. With the pay-off line “Not everything is black and white”, the station emphasises both the South African and Indian identity of its listeners.Frequency: 87.7 – 106.8 FMLotus FM websiteBroadcast area: Gauteng, KwaZulu-Natal, Western Cape and Port ElizabethAudience (past seven days): information not availableLanguage: Broadcasting in English, but the station also provides entertaining language shows, teaching listeners to speak in their mother tongue – Tamil, Urdu, Hindi, Telegu and Gujurati.Offers live internet audioUmhlobo WeneneThe SABC’s isiXhosa cultural service and the second-largest radio station in South Africa, Umhlobo Wenene means “a true friend”. The format includes news, current affairs, talk shows, education, sport, weather and traffic, with jazz, R&B, kwaito, house, gospel and African traditional music.Frequency: 90.7 – 97.1 FMUmhlobo Wenene websiteBroadcast area: Eastern Cape, Western Cape, Northern Cape, Free State, Gauteng, eastern North West, parts of KwaZulu-Natal.Audience: 5,5 million listenersLanguage: isiXhosaOffers live internet audioLesedi FMLesedi FM is a semi-national cultural service, broadcasting to an audience ranging in age from 16 to 49 living in urban and rural African communities. The largest Sesotho radio station in South Africa, Lesedi FM is a needs-driven participatory radio station, with regular programming that touches on issues with a direct bearing on economic and personal empowerment.Frequency: 88.7 to 90.6 FMLesedi FM websiteBroadcast area: Gauteng, Mpumalanga, North West, Free State, northern Eastern Cape, eastern KwaZulu-Natal.Audience (past seven days): Over 4 million listenersLanguage: Sesotho (Southern Sotho)Offers live internet audioThobela FMAn African contemporary music radio station with an element of talk, Thobela FM is the SABC’s Sepedi cultural service, targeting 25- to 49-year-old black South Africans in Limpopo. According to the SABC, they are “upwardly mobile, very progressive, have access to the internet, enjoy eating out and have high regard for family values and traditional cultural identity”. Thobela is a traditional Pedi greeting.Frequency: 98.7 – 91.9 FMThobela FM websiteBroadcast area: Gauteng, Limpopo, Mpumalanga and North West.Audience (past seven days): not availableLanguage: Sepedi (Northern Sotho)Offers live internet audioMotsweding A Setswana community service station, Motsweding – meaning “fountain” – offers news, music, current affairs, talk shows, education, sport, weather and traffic, aimed at an African audience aged from 16 to 49. The music is contemporary: jazz, R&B, kwaito, house, gospel and African traditional. The SABC describes it as South Africa’s “only R&B vernacular radio station”.Frequency: 87.9 – 107.9 FMMotsweding websiteBroadcast area: North West, Northern Cape, Gauteng Province, Free State and growing in parts of Limpopo and some parts of Mpumalanga.Audience: Over 2.6-million listenersLanguage: SetswanaOffers live internet audioLigwalagwalaA siSwati cultural service, Ligwalagwala broadcasts news, music, current affairs, talk shows, education, sport, weather and traffic. The music includes jazz, R&B, kwaito, house, gospel and African traditional music. The station targets young, literate, aspirational and upwardly mobile black people living mainly in Mpumalanga area, with the primary target market being 25- to 49-year-olds.Frequency: 92.5 – 103.8 FMLigwalagwala websiteBroadcast area: Limpopo, Mpumalanga, GautengAudience (past seven days): 1.5-million listenersLanguage: siSwatiOffers live internet audioMunghana LoneneBroadcast in xiTsonga, Munghana Lonene – “my true friend” – targets a 24- to 34-year-old African audience. “It leads and supports the aspirations of its listeners while ensuring contemporary societal norms and values,” the SABC says. The station has a 50% split of talk and music: jazz, R&B, kwaito, house, gospel and African traditional.Frequency: 88.8 – 99.6 FMMunghana Lonene websiteBroadcast area: Limpopo, Gauteng, Mpumalanga, North West and has spillage in Zimbabwe and Mozambique.Audience: Over 1-million listenersLanguage: XitsongaOffers live internet audioIkwekwezi FMBased in Pretoria and broadcasting in isiNdebele, Ikwekwezi is a cultural service offering news, music, current affairs, talk shows, education, sports, weather and traffic. The average age of listeners is 33 and music styles include jazz, R&B, kwaito, house, gospel and African traditional music.Frequency: 91.8 – 107.6 FMIkwekwezi FM websiteBroadcast area: Gauteng, Mpumalanga, Limpopo and a bit of North West.Audience: 1, 335 million listenersLanguage: isiNdebeleOffers live internet audioPhalaphala FMPhalaphala FM is a contemporary radio station targeting 16- to 34-year-old aspirational and upwardly mobile Tshivenda-speaking people in Limpopo and Gauteng, an audience the SABC describes as “future decision-makers”.Frequency: 87.9 – 107.8 FMPhalaphala FM websiteBroadcast area: Gauteng, LimpopoAudience: Over 907 000 listenersLanguage: VendaOffers live internet audioOther public broadcasting radio stations are:Good Hope FM, 94 – 97 FMIt is based in the Western Cape.Radio 2000, 97.2 – 100 FMAlthough its footprint is national, the station is based in Johannesburg.Tru FM – see its Frequency FinderThis Eastern Cape-based radio station targets youth who speaks isiXhosa and English.5 FM – see its Frequency FinderAlthough its footprint is national, the station is based in Johannesburg.Metro FM – see its Frequency FinderIts footprint is national, but the station is based in Johannesburg.Springbok Radio – see its Frequency FinderThis station is based in the Northern Cape.X-K FM – see its Frequency FinderThis radio station broadcasts in the Khoi- and San indigenous languages !Xu and Khwe between 06:00 and 18:00.Channel Africa – see its Frequency FinderIts mandate is to support South Africa’s Foreign Policy enshrined in the Department of International Relations and Cooperation’s vision and mission.Sources: South African Broadcasting Corporation, AntRadio and Broadcasting Complaints Commission of South Africa.Would you like to use this article in your publication or on your website? See Using Brand South Africa materiallast_img read more

10 months agoMan Utd midfielder Matty Willock cuts short St Mirren loan

first_imgMan Utd midfielder Matty Willock cuts short St Mirren loanby Paul Vegas10 months agoSend to a friendShare the loveManchester United midfielder Matty Willock has cut short his loan at St Mirren.Willock had joined St Mirren on a season-long loan.The 22-year-old made 14 appearances for the Ladbrokes Premiership club. A statement from the Paisley club read:“St Mirren Football Club can confirm that Matty Willock has left the Buddies and will return to his parent club, Manchester United.“The club would like to thank Matty for his contributions and wish him well for his future career.” TagsTransfersLoan MarketAbout the authorPaul VegasShare the loveHave your saylast_img

Fortis reports 276M thirdquarter profit revenue up from year ago

first_imgST. JOHN’S, N.L. – Fortis Inc. reported its profit edged down compared with a year ago, when it received a one-time boost as its revenue improved by seven per cent.The electric and gas utility says its profit attributable to common shareholders amounted to $276 million or 65 cents per diluted share for the quarter ended Sept. 30.The result was down from $278 million or 66 cents per share a year ago when the company received a $24-million break fee related to the termination of its Waneta Dam acquisition.Revenue totalled $2.04 billion, up from $1.90 billion a year ago.On an adjusted basis, Fortis says it earned 65 cents per share, up from 61 cents per share a year.Analysts on average had expected a profit of 63 cents per share and revenue of $2.135 billion, according to Thomson Reuters Eikon.Companies in this story (TSX:FTS)last_img read more

British PM Mays Brexit deal rejected for third time

first_imgLONDON: Lawmakers rejected Prime Minister Theresa May’s Brexit deal for a third time on Friday, sounding its probable death knell and leaving Britain’s withdrawal from the European Union in turmoil on the very day it was supposed to leave the bloc. The decision to reject a stripped-down version of May’s divorce deal has left it totally unclear how, when or even whether Britain will leave the EU, and plunges the three-year Brexit crisis to a deeper level of uncertainty. Also Read – Saudi Crown Prince ‘snubbed’ Pak PM, recalled jet from USAfter a special sitting of parliament, lawmakers voted 344-286 against May’s 585-page EU Withdrawal Agreement, agreed after two years of tortuous negotiations with the bloc. Within minutes of the vote, European Council President and summit chair Donald Tusk said EU leaders would meet on April 10 to discuss Britain’s departure from the bloc. The EU executive, the Commission, said that “a ‘no-deal’ scenario on 12 April is now a likely scenario”, Also Read – Record number of 35 candidates in fray for SL Presidential pollsMay had told parliament the vote was the last opportunity to ensure Brexit would take place. She cautioned that if the deal failed, then any further delay to Brexit would probably be a long one beyond April 12. “I fear we are reaching the limits of this process in this House,” May told parliament after the defeat. “The implications of the House’s decision are grave.” “The legal default now is that the United Kingdom is due to leave the European Union on 12th April,” she said. The British pound, which has been buoyed in recent weeks by hopes that the likelihood of an abrupt ‘no-deal’ Brexit is receding, fell half a percent after May lost, to as low as $1.2977. THIRD FAILURE It was a third failure for May, who had offered on Wednesday to resign if the deal passed, in a bid to win over eurosceptic rebels in her Conservative Party who support a more decisive break with the EU than the divorce her deal offers.last_img read more