Swiss Re says Basel III will aid reinsurers

first_img More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale THE NEW rules on banking capital are good news for reinsurance companies, the chief economist at reinsurer Swiss Re said yesterday. “Banks’ capital charges have been rightly raised by quite a bit. At the centre of the crisis were the banks, not the insurers,” said Thomas Hess. Banks have been providing hybrid capital and other capital substitute products, he said, but the Basel III regulations may shift that power towards reinsurers.Hess claimed Basel III will have a much bigger effect on the financial world than the Solvency II rules that are set to reform the insurance industry. “Banks will have much bigger challenges to cope with the new regulation than insurers will,” he said. However a member of the European Central Bank governing board played down the effects of Basel III on the economy yesterday. “It is argued that, by placing additional burdens on banks, their capacity to hand out loans is constrained to a degree that might reduce economic performance,” said Axel Weber.“However, recent studies by the Basel Committee…and others show that the impact of financial reforms on economic performance is likely to be rather small.” Tags: NULL whatsapp Tuesday 14 September 2010 9:04 pm Sharecenter_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comPeople-TodayWoman Files For Divorce After Seeing This PhotoPeople-TodaySenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Ads Swiss Re says Basel III will aid reinsurers whatsapp Show Comments ▼last_img read more

Sterling Bank Plc ( Q32016 Interim Report

first_imgSterling Bank Plc ( listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2016 interim results for the third quarter.For more information about Sterling Bank Plc ( reports, abridged reports, interim earnings results and earnings presentations, visit the Sterling Bank Plc ( company page on AfricanFinancials.Document: Sterling Bank Plc (  2016 interim results for the third quarter.Company ProfileSterling Bank Plc is a financial services institution in Nigeria offering banking products and services to the corporate and commercial sectors as well as high net-worth individuals, small businesses and joint venture partnerships. The company provides a full-service offering for consumer and commercial banking as well as corporate, investment and wholesale banking. This includes loans and advances, letters of credit, equipment leasing, money market operations and electronic banking as well as financial advisory and securities trading services. The company was founded in 1960 and formerly known as NAL Bank Plc. Its head office is in Lagos, Nigeria. Sterling Bank Plc is listed on the Nigerian Stock Exchangelast_img read more

Tesla’s share price has fallen 34%. Should I buy the stock now?

first_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Edward Sheldon, CFA | Monday, 17th May, 2021 | More on: TSLA I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Image source: Tesla “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Tesla’s share price has fallen 34%. Should I buy the stock now? The Tesla (NASDAQ: TSLA) share price has fallen significantly in recent months. Last week, it closed at $590. That’s about 34% below its all-time high of $900, set in January. We need to put this drop in perspective though. Over the last year, Tesla stock is still up about 275%.Has Tesla’s recent share price weakness provided a buying opportunity for me? Let’s take a look at the stock.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Tesla continues to advanceTesla’s Q1 2021 results showed the company is continuing to advance. For the period, total deliveries came in at 184,887 vehicles, up 109% year-on-year. Revenue came in at $10.4bn, up 74% year-on-year. This growth is encouraging.Meanwhile, Tesla continues to make progress in the self-driving space. Last week, CEO Elon Musk tweeted that he expects Tesla to release an improved version of its full self-driving technology within the next two-to-three weeks.It’s worth noting that ARK Invest portfolio manager Cathie Wood – who has a great track record when it comes to investing in Tesla stock – is very bullish on its self-driving technology. ARK believes there’s a 50% chance Tesla will achieve fully autonomous driving within five years. This could allow the company to scale its planned robo-taxi service quickly.Wood currently has a $3,000 price target (the bull case target is $4,000) for Tesla, on the back of this self-driving technology. That’s significantly higher than the current share price. Tesla now has competition While this is all very positive, I continue to have reservations about buying Tesla stock. One concern is in relation to the electric vehicle competition Tesla is going to face in the years ahead. Make no mistake, the level of competition in this industry is going to be very high.Volkswagen, for example, recently said that, by 2030, it expects 70% of its cars sold in Europe to be fully electric. It also said that it’s targeting an EV market share of over 50% in China and the US by the end of the decade.Meanwhile Daimler, the owner of Mercedes-Benz, recently unveiled its ‘EQS’ – the electric version of its Mercedes-Benz S-Class luxury sedan. Analysts at Deutsche Bank have called the EQS – which has a range of 770 kilometres and a display screen that covers almost the entire dashboard – ‘Mercedes’ Tesla fighter’.Ford and General Motors are also taking the EV race very seriously. Ford recently advised that every car it sells in Europe will be ‘zero-emissions capable’ by 2026 and pure-electric by 2030. GM, meanwhile, recently said that between now and 2025, it will spend nearly $30bn on electric cars and autonomous vehicles, while launching 30 electric car models globally. “We want to lead in this space,” the company said.So, Tesla certainly has its work cut out to remain the industry leader.Another concern for me is that, historically, auto manufacturers haven’t been very profitable companies. Fundsmith manager Terry Smith explains this well here in his annual meeting (around the 48-minute mark). Smith doesn’t invest in car manufacturers due to the ‘poor economics’ of the industry and the fact that you can “extend the life of the product.”Finally, Tesla’s valuation still looks high to me. I just don’t see the company’s market-cap of $570bn (roughly 13x Ford’s market-cap) as justified given the level of competition.TSLA stock: my move nowWeighing everything up, I’m going to continue to leave Tesla shares alone, for now.center_img Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Edward Sheldon, CFA Edward Sheldon has a position in Fundsmith. The Motley Fool UK owns shares of and has recommended Tesla. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this.last_img read more

Rugby World Cup Daily – French team

first_imgTuesday Oct 11, 2011 Rugby World Cup Daily – French team A look at the French team for their semi final against Wales, interviews with new All Black squad members Hosea Gear and Stephen Donald, a look at the meeting up of the 1987 RWC winning squad with the current members, and a bit of touristy info about the city of Auckland.ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error RWC Extra Related Articles 502 WEEKS AGO Alesana Tuilagi smashes a reporter 502 WEEKS AGO All Blacks victory parade in Auckland with… 502 WEEKS AGO IRB Awards 2011 Highlights From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedDoctors Stunned: She Removes Her Wrinkles With This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living10 Types of Women You Should Never MarryNueeyHere’s the Purpose of These Little Bumps in the F and J Keys on Your KeyboardNueeyYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyThe 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 InterestedOffensiveRepetitiveSubmitCancellast_img read more

Unions to protest Trump #J20

first_imgA call for mass, militant protests on Inauguration Day is getting a favorable response from all sectors of the working class. This includes organized labor — notwithstanding the conciliatory, “Give Trump a chance” tone set by AFL-CIO President Rich Trumka and other major union heads right after the presidential election results came out.The Oregon AFL-CIO and Alameda Labor Council have passed strong resolutions calling their members out on Jan. 20. The Oregon resolution called for “a united front of all those threatened by the Trump presidency.” The ALC “endorses and encourages all members to participate in the nationwide call for protest and actions and a reassertion of the power of organized labor on Friday, Jan. 20, the day of the Inauguration of President Donald Trump.”A joint resolution passed by Community and Labor United for Postal Jobs and Services and Communities and Postal Workers United pointed out that “a Trump presidency threatens the deportation of millions of undocumented workers; the exclusion, surveillance, profiling and incarceration of our Muslim sisters and brothers; major restrictions on women’s reproductive rights; the return of anti-LGBTQ laws; and increased harassment, brutalizing and incarceration of Black and Brown people by local police departments. It threatens to support environmentally dangerous projects like the Dakota pipeline, and repression of the Indigenous Nations who are fighting it.”United Steelworkers Local 8751, the Boston School Bus Drivers Union, voted to send a bus of its members to the counterinaugural in D.C. They are not alone. J20 is all the buzz among AFSCME members in Maryland, United Electrical-represented grocery workers in Vermont, Longshore Workers in California, Communications Workers in New York City and public sector workers in North Carolina.There will definitely be a strong and very visible labor contingent in D.C.Don’t give racist Trump a chance!Some unions, including the United Auto Workers, estimate that a third of their members actually voted for the union-hating bigot who captured the U.S. presidency. That figure was cited by UAW International President Dennis Williams to justify his plans to have a friendly meeting with President-elect Trump. After Williams publicized his intentions — almost immediately after the election results were announced — AFL-CIO President Rich Trumka and other union heads sent Trump letters of congratulations.These placaters, however, did not score any brownie points for their members with the future president — quite the contrary. Trump has bared his fangs toward organized labor. His nominee for Secretary of Labor Andrew Puzder is CEO of CKE Holdings, the parent firm of Hardee’s and Carl’s Jr. fast food chains. Puzder opposes raising the minimum wage, and CKE has been successfully sued for cheating workers in violation of federal wage and hour regulations. Puzder would be in charge of enforcing those regulations.On the use of automation to reduce workers, Puzder stated that robots are “always polite, they always upsell, they never take a vacation, they never show up late, there’s never a slip-and-fall or an age, sex or race discrimination case.” (New York Times, Dec. 8)This outrageous nomination came right after Steelworkers Local 1999 President Chuck Jones, who represents Carrier workers in Indianapolis, Ind., tore apart Trump’s phony showmanship as the “savior” of 1,100 jobs slated to go to Mexico. “He lied his ass off,” said Jones. The actual number of jobs retained was between 700 and 800; almost 600 workers at Jones’ plant will still be getting a pink slip.Unwilling to take criticism, Trump immediately slandered Jones on Twitter as being responsible for Carrier’s threat to move. This incited Trump’s fascist supporters to send death threats to Jones and his children. This anti-union attack not only threatens Jones but Local 1999’s majority Black executive board.The labor movement, as it mobilizes to rally against Trump on Jan. 20, must throw its muscle behind this courageous local.All of the working class must unite. Organized labor must see itself as part of the broader working-class movement. Low-wage workers, including those in precarious work, are a part. Unemployed and underemployed workers are a part. Prisoners are a part. Workers around the globe — super-exploited, often by the same bosses we work for — are a part. Migrant workers, risking their lives to escape war or austerity, are a part. All of us, together, are unstoppable.Build a united working-class front! All out for Jan. 20!Grevatt has been an autoworker and United Auto Worker activist at Chrysler for 29 years.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

La Canada Residents and Community Leaders Throws Support on Lawsuit Against Devil’s Gate Reservoir Sediment Haul

first_img 6 recommended0 commentsShareShareTweetSharePin it Name (required)  Mail (required) (not be published)  Website  Community News La Canada Residents and Community Leaders Throws Support on Lawsuit Against Devil’s Gate Reservoir Sediment Haul From STAFF REPORTS Published on Monday, January 19, 2015 | 11:14 am Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy 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. Your email address will not be published. Required fields are marked * Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena More Cool Stuff A group of La Canada residents and community leaders recently threw their support behind a lawsuit challenging the county’s plan to begin a five-year sediment haul at the Devil’s Gate Reservoir in the fall.The lawsuit believes the county’s environmental impact report did not fully address environmental concerns posed by engineers and activists.The sediment overhaul was approved by county supervisors on Nov. 12 and challenged by a lawsuit filed one month later by environmental groups the Pasadena Audubon Society and the Arroyo Seco Foundation.Also, a group called the Save Hahamongna campaign believes the sediment haul project would destroy part of a biologically valuable stream zone habitat in the process of bringing sediment levels way lower than the basin has historically held since the 1930s.“We want a moderate program,” Tim Brick, managing director of Arroyo Seco Foundation, explaining the impetus for the suit, told The Los Angeles Times. “And we want to be able to sit down with them (County of Los Angeles), and they’d have to really treat us seriously. We want to get a much better program out of the county — that’s really our goal.”Several La Cañada city and school officials have raised concerns about the effects of the project, which could see as many as 400 trucks per day moving hauled sediments to dumps in Sun Valley and Irwindale.La Cañada resident Shannon Griffin told The Times that she organized a discussion last week to inform people who still might not know much about the immense work being planned for Hahamongna Watershed Park, or how it might impact them.“We tried to get our word out there, but the response was very dismissive,” Brick told the newspaper. “So when the county came out with their final plan, we just felt that we had to take one more step in order to ensure that the public will is implemented.”“If people learned more about it and felt strongly enough, I think that’s actually the best hope of slowing what’s going to happen,” La Cañada parent resident Ingrid McConnell told The Times. “A groundswell is what we need.” Business News Top of the News center_img First Heatwave Expected Next Week Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News Community News HerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeautyRobert Irwin Recreates His Father’s Iconic PhotosHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeautyHerbeautyThis Trend Looks Kind Of Cool!HerbeautyHerbeautyHerbeautyFinding The Right Type Of Workout For You According AstrologyHerbeautyHerbeauty Subscribe faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Make a commentlast_img read more

DS News Webcast: Thursday 2/6/2014

first_img The Best Markets For Residential Property Investors 2 days ago  Print This Post Share Save Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Pro Teck Valuation Services released its Home Value Forecast for January, ranking last month’s best and worst performing metros according to market conditions. New York’s Nassau County–home to Long Island–turned in the greatest performance, thanks in part to a low number of foreclosure sales, which made up 2% of total transactions.The New York market was joined by several California metros, including Los Angeles, which experienced a 24% increase in home prices over the last rolling quarter. At the other end of the spectrum, a number of Florida markets showed up among last month’s worst performers. Sitting at the bottom of the list was Jacksonville, where foreclosures accounted for more than 80% of January sales. Morgan Stanley is the latest company to make peace with the Federal Housing Finance Agency over alleged misrepresentations of securities sold to Fannie Mae and Freddie Mac. In a filing with the Securities and Exchange Commission, the company revealed it has reached a $1.25 billion agreement in principle with the FHFA to resolve pending litigation. The agency didn’t comment on the settlement, though a public affairs officer confirmed the news. Sign up for DS News Daily Is Rise in Forbearance Volume Cause for Concern? 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: DSNews Related Articles 2014-02-06 DSNews February 6, 2014 558 Views center_img Previous: High-End Home Sales Rise in California Next: Interest Rate Declines Continue into February Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Featured / DS News Webcast: Thursday 2/6/2014 Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago DS News Webcast: Thursday 2/6/2014 The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Featured, Media, Webcasts Subscribelast_img read more

Tapping Into Home Equity

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tapping Into Home Equity  Print This Post Home Equity Homeowners mortgage net worth Reverse Mortgage Urban Institute 2017-11-09 Staff Writer Tagged with: Home Equity Homeowners mortgage net worth Reverse Mortgage Urban Institute Servicers Navigate the Post-Pandemic World 2 days ago Share Save The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Previous: Less Than 10 Percent of Los Angeles Homes Considered Affordable Next: House & Senate Face Off, Mortgage Interest Deduction on the Line A report released on Thursday by the Urban Institute analyzing the Federal Reserve’s 2016 Survey of Consumer Finances to report what can be known about senior homeowners. The report cites Census Bureau data showing that seniors age 65 and older have a homeownership rate of 78.2 as of Q3 2017—compared to a homeownership rate of 63.7 percent.Though seniors have the financial stability of their homes to fall back on, only half of American workers are reporting that they feel confident about their retirement savings. “Retirees could improve financial security by liquefying home equity to supplement their retirement income or reduce their debt burden,” the report noted.According to Fannie Mae data cited in the report, currently 80 percent of homeowners age 55 and older reported that they are not interested in reverse mortgages, however, the Urban Institute found that home equity is “the largest source of net worth for most homeowners.”However, home equity across races is not equal. White homeowners ages 65 and older have a median net worth of $384,100 and a median home equity of $152,000, as of 2016. Black homeowners of the same age group have a median net worth of $109,360 and a median home equity of $70,000 and Hispanics respectively sit at $133,700 and $100,000.In terms of median home equity, median net worth and median income, the numbers for black households are 46, 28 and 64 percent of the respective totals for white households.In addition, white nonhousing wealth—including cash savings, stocks, bonds, annuities, etc.—took up a greater portion of the net worth than it did respectively for the net worth of black and Hispanic households.The Urban Institute also found that the net worth of a household and the proportion of that net worth taken up by home equity are inversely related. For households with lower incomes, the home itself is the greatest source of financial security.With a greater proportion of their wealth tied up in housing, black and Hispanic homeowners are much more likely to need to tap into their home equity through mechanisms such as Federal Housing Administration (FHA)-insured Home Equity Conversion Mortgages (HECMs). The Best Markets For Residential Property Investors 2 days agocenter_img in Daily Dose, Featured, Market Studies, News November 9, 2017 1,284 Views Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Tapping Into Home Equity The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribelast_img read more

New Hampshire One Step Closer to Judicial Foreclosure Law

first_img The Best Markets For Residential Property Investors 2 days ago New Hampshire One Step Closer to Judicial Foreclosure Law in Daily Dose, Featured, Foreclosure, News Servicers Navigate the Post-Pandemic World 2 days ago About Author: Stephanie Bacot Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Previous: Obduskey v. McCarthy & Holthus: Addressing the Industry Impact Next: The Three Cities Where Delinquencies Rose Tagged with: Foreclosure HB 270 Law New Hampshire Subscribe Stephanie Bacot is an experienced multimedia writer having created content for print, web, television, and more. She is the past producer of BIZTV, a national television network for businesses and entrepreneurs that reached more than 200,000 professionals. She has more than 15 years’ experience in healthcare marketing and was an advertising exec for Healthcare Journal of Baton Rouge, a trade publication focused on the healthcare industry, as well as the marketing director for a $5 million surgery center. Bacot is a graduate of Louisiana State University with a degree in Marketing and Communications. She resides in Dallas when she’s not pursuing her love of travel. Demand Propels Home Prices Upward 2 days ago Foreclosure HB 270 Law New Hampshire 2019-02-21 Staff Writer February 21, 2019 3,771 Views center_img Related Articles The process of foreclosure varies from state to state, but in general, there are two different procedures in place, judicial foreclosure or nonjudicial foreclosure, both resulting in a foreclosure sale. New Hampshire is one of the few states that still allow non-judicial foreclosures but that could change soon if HB 270 bill is passed into law.The bill requires that mortgage foreclosures be commenced by civil actions brought in superior court and also modifies the period of redemption for a mortgage. The House of Representatives in the state recently passed the bill after several cycles of reconsideration. The bill will now be voted on in the state Senate before it is made into a law. If the law comes to pass, it is designed to keep homeowners from being blindsided by foreclosure and avoid title discrepancies. Rep. David Woodbury, D-New Boston told the New Hampshire Business Review that the bill “changes that burden of proof from the homeowner to the bank.”According to representatives who voted for the bill, during the last recession, things got messy with homes being sold off to a variety of real estate trusts without sufficient documentation that the entity filing the foreclosure actually owned the home. Others disagreed, arguing there was no testimony that foreclosures in this state are done improperly. Both sides of the argument have concerns. If the bill is passed into law, “all future mortgages will cost more money. If you delay foreclosures, it increases costs and that costs gets passed on,” Rep. John Hunt, R-Rindge told the New Hampshire Business Review.If it becomes law New Hampshire will leave behind these remaining states that are predominantly nonjudicial foreclosure: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Georgia, Idaho, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, North Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, and Wyoming. Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / New Hampshire One Step Closer to Judicial Foreclosure Law Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Share Savelast_img read more

Police looking for suspect in early morning burglary in Collegetown

first_imgITHACA, N.Y. –– Ithaca Police have yet to identify a burglary suspect after responding to a call in the early morning hours of Sunday, March 29.At approximately 5:15 a.m. on Sunday the Ithaca Police Department responded to a burglary in the 100 block of N. Quarry St. The complainant reported that at approximately 5:00 a.m. an unknown male entered their residence.According to a press release from Cornell University, the complainant described the suspect as a six-foot-tall, thin build, light-skinned black male, with short dark hair, wearing a grey hooded sweatshirt with a tan jacket. Tagged: burglary, collegetown, crime, ipd, ithaca, police The release goes on to say that after the suspect fled in an unknown direction, the complainant discovered that property was missing.Law enforcement is reminding the public that if the suspect is seen, to call 911 immediately, do not approach.If you have any information regarding this crime, contact the Ithaca Police Department at (607) 272-9973.Cornell University Police urge the community to take steps to protect their property by locking and closing unattended doors and windows, and to immediately report any suspected criminal activity by dialing 911 or utilizing the RAVE Guardian app. Anna Lamb is a reporter for the Ithaca Voice.Questions? Story tips? Contact her at [email protected] More by Anna Lamb Anna Lamb Your Crime & Courts news is made possible with support from: last_img read more