DS News Webcast: Thursday 9/18/2014

first_img Servicers Navigate the Post-Pandemic World 2 days ago 2014-09-17 Jordan Funderburk  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago September 17, 2014 611 Views Join us at the 2014 Five Star Conference and Expo in Dallas, Texas. Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: Federal Reserve Announces Bond-Buying Cuts Next: PTFA Has Given Tenants More Options When Facing Eviction DS News Webcast: Thursday 9/18/2014 Related Articles Is Rise in Forbearance Volume Cause for Concern? 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img in Featured, Media, Webcasts About Author: Jordan Funderburk The Best Markets For Residential Property Investors 2 days ago Share Save Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Featured / DS News Webcast: Thursday 9/18/2014 Sign up for DS News Daily Demand Propels Home Prices Upward 2 days agolast_img read more

FHFA Director Watt Outlines Positive Developments for Federal Home Loan Banks

first_img Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, News, Secondary Market FHFA Director Watt Outlines Positive Developments for Federal Home Loan Banks Sign up for DS News Daily May 13, 2015 951 Views  Print This Post Home / Daily Dose / FHFA Director Watt Outlines Positive Developments for Federal Home Loan Banks Tagged with: Federal Home Loan Banks FHFA FHFA Director Mel Watt Secondary Market The Best Markets For Residential Property Investors 2 days ago Share Save About Author: Xhevrije West Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University. Demand Propels Home Prices Upward 2 days ago Federal Home Loan Banks FHFA FHFA Director Mel Watt Secondary Market 2015-05-13 Brian Honea At this year’s Federal Home Loan Banks (FHLBanks) directors’ conference, Federal Housing Finance Agency (FHFA) Director Melvin L. Watt, delivered a speech regarding the past year of positive developments that occurred in these 12 banks.“FHFA understands the importance of developing new ways for the FHLBanks to support the housing finance needs of members,” Watt said.  “FHFA has now approved several mortgage programs that provide participating members alternative means to sell mortgage loans, thereby transferring risk and freeing up capital that members can use to expand credit availability in local communities.”In his speech, Watt highlighted that the FHLBanks are an important part of home financing, in that they provide a source of funding and access to the secondary mortgage market and other services to member institutions, especially smaller institutions that have little access these services.According to the data presented at the conference, every FHLBank had a positive net income for the past 13 quarters, and they also earned $2.3 billion in 2014 and $2.5 billion in 2013 collectively. The top 10 borrowers led the increase of $73 billion in 2014 of advance volume, while the other members revealed signs of increasing advance demand. By the end of 2014, regulatory capital was $49.5 billion, or 5.4 percent of total system assets, consisting of $13.2 billion in retained earnings, $33.7 billion in capital stock, and $2.6 billion in mandatorily redeemable capital stock. The Affordable Housing Program also helped FHLBanks award $238.5 million worth of grants that would provide assistance to nearly 25,000 single-family and multifamily units.The FHLBanks were set up by Congress to aid in the home financing process, and the FHFA has a statutory responsibility ensure that this purpose is being met within the constructs of the FHLBank Act.“Since becoming the Director of FHFA, I have continued to gain an even greater understanding and appreciation for what you [FHLBanks] do,” Watt said. “I look forward to working with you [Directors] in our joint effort to ensure that the FHLBanks continue their operations in a manner that is both safe and sound and consistent with their mission.”Click here to read Watt’s full speech. The Best Markets For Residential Property Investors 2 days ago Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: Senators Introduce Bill Limiting Fed’s Lending Authority, Ending ‘Too Big to Fail’ Next: DS News Webcast: Thursday 5/14/2015 Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days agolast_img read more

Will Tax Reform Drive Migration in Years to Come?

first_img May 2, 2018 2,328 Views Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] income tax migration salt deduction state and local taxes Tax Reform 2018-05-02 David Wharton Share Save Demand Propels Home Prices Upward 2 days ago About Author: David Wharton Previous: Housing Trends Snapshot Next: Ocwen Reports Q1 2018 Earnings, Highlights Debt Forgiveness Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Will Tax Reform Drive Migration in Years to Come?center_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago While many are already examining the near-term effects of the tax reform passed a few months ago, could it have larger implications for where people choose to live in the long run? In a recent Wall Street Journal op-ed, a pair of economists posits that changes instituted by the tax reform bill will ultimately drive millions of people out of blue states such as California and New York and into low-tax red states.As economists Arthur B. Laffer and Stephen Moore, authors of the annual “Rich States, Poor States” report published by the American Legislative Exchange Council, explain, this migration from high-tax states to low-tax states is nothing new, but they argue that the tax reform bill—and specifically its cap on SALT deductions—is likely to accelerate this trend. According to Laffer and Moore, “The losers will be most of the Northeast, along with California. The winners are likely to be states like Arizona, Nevada, Tennessee, Texas, and Utah.”According to Laffer and Moore’s “Rich States, Poor States” report, around 3.5 million Americans have relocated from the highest-tax states to the lowest-tax ones over the past decade. Since 2007, the report finds that Texas and Florida (states that do not have an income tax) have seen an influx of 1.4 million and 850,000 residents, respectively. California and New York have lost more than 2.2 million residents combined within that same period.Laffer and Moore say that, based on an analysis of IRS record for that decade, “Texas and Florida have gained a net $50 billion in income and purchasing power from other states, while California and New York have surrendered a net $23 billion.”  The tax reform bill capped SALT deductions at $10,000 per family, which could mean a significant tax increase for high earners in higher-taxed states, according to the economists. “Consider what this means if you’re a high-income earner in Silicon Valley or Hollywood,” states the op-ed. “The top tax rate that you actually pay just jumped from about 8.5 percent to 13 percent. Similar figures hold if you live in Manhattan, once New York City’s income tax is factored in. If you earn $10 million or more, your taxes might increase a whopping 50 percent.”Laffer and Moore estimate that the lowering of the SALT deductions will result in California and New York losing around 800,000 residents, on net, during the next three years. They expect Connecticut, New Jersey, and Minnesota to lose around 500,000 residents combined during that period as well.Of course, the tax issue will be more of a problem for some economic tiers than for others. Nor are tax rates the only factor driving migration. A November 2017 Redfin study found that residential construction was a major driver of intercity and interstate migration—not surprising, given that many American markets are suffering from not only skyrocketing home prices but also insufficient housing inventories. Like the movie said: if you build it, they will come.If the taxes are lower, Laffer and Moore believe that they’ll come in droves. If so, that large-scale migration will undoubtedly have major impacts on the housing markets involved. Especially given that many markets in California, for instance, are already facing severe housing crises due to affordability and inventory issues. Higher taxes might just be the extra push some homeowners need to decide to relocate. Tagged with: income tax migration salt deduction state and local taxes Tax Reform Data Provider Black Knight to Acquire Top of Mind 2 days ago Will Tax Reform Drive Migration in Years to Come? The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Government, Journal, Market Studies, News Sign up for DS News Daily Subscribelast_img read more

Harkin says EU Commission President is “out of touch” after state of the union…

first_imgNews Calls for maternity restrictions to be lifted at LUH Google+ Pinterest Pinterest NPHET ‘positive’ on easing restrictions – Donnelly WhatsApp WhatsApp By News Highland – September 11, 2013 Facebook RELATED ARTICLESMORE FROM AUTHOR Google+center_img 448 new cases of Covid 19 reported today Help sought in search for missing 27 year old in Letterkenny Harkin says EU Commission President is “out of touch” after state of the union address Twitter Twitter Facebook Marian Harkin MEPNorth West MEP Marian Harkin has accused the EU Commission President of political posturing, imbalance and inaccuracy.During his “State of the Union” address to parliament today, Mr Barroso gave an upbeat assessment of the European economic situation, telling MEPs that recovery was in sight for Europe and that the situation in bailout countries such as Ireland, Portugal, Cyrpus and Greece was improving.However, Ms Harkin says Mr Barroso did not give an accurate reflection of the reality in most EU countries which are still struggling with the fallout of the economic crash five years on……….[podcast]http://www.highlandradio.com/wp-content/uploads/2013/09/harkinbarosso.mp3[/podcast] Three factors driving Donegal housing market – Robinson Guidelines for reopening of hospitality sector published Previous articleAlmost 2,000 PSNI stop and searches in the NorthwestNext articleHighland Radio appoints Billy Patterson and Patricia Mc Bride to its Board of Directors News Highland last_img read more

Foyle MLA raises roaming charges issue in Northern Assembly

first_img Foyle MLA raises roaming charges issue in Northern Assembly Pinterest By News Highland – November 16, 2011 Facebook Google+ 448 new cases of Covid 19 reported today RELATED ARTICLESMORE FROM AUTHOR WhatsApp News Google+ Twitter Facebookcenter_img Guidelines for reopening of hospitality sector published The Northern Assembly has again heard calls for legislation to be introduced immediately to remove the unwarranted practice of roaming charges in border areas.This issue was been raised by Foyle SDLP member Pat Ramsey who said people are facing huge mobile phone bills because they are unintentionally roaming.Speaking during an Assembly debate on the issue, Mr Ramsey said people in Derry, particularly in Culmore, Strathfoyle, Creggan, Eglinton and some areas of the Waterside are badly affected by inadvertent roaming charges on a daily basis as the River Foyle knows no borders.He says he has called many people on their mobile phones only to be asked to call them back on the landline number as they are roaming on an Irish network.The same happens in reverse for customers in Donegal.Mr Ramsey says that If the immediate introduction of an all-Ireland telecommunications tariff can be expedited, not only will it support the European Commission’s plans to abolish roaming charges completely, but it will also right a great injustice to border users.He said the idea that a transmitter on a hilltop overlooking counties Derry and Donegal can charge two different rates depending on where you live is fundamentally wrong and discriminative. Pinterest Calls for maternity restrictions to be lifted at LUH Twitter Three factors driving Donegal housing market – Robinson Previous articleLetterkenny Town Council to seek funding for Kirkstown RoadNext articleLetterkenny Councillors to recieve mental health trianing to help people in need News Highland NPHET ‘positive’ on easing restrictions – Donnelly Help sought in search for missing 27 year old in Letterkenny WhatsApplast_img read more

Government to introduce double penalty points for drivers using mobile phones

first_img Twitter It’s reported that proposals to double the penalty points for drivers using mobile phones while driving have got the green light.The Irish Independent says the government’s accepted the recommendations from an all-party transport committee.Transport Minister Varadkar says the culture needs to be changed so that talking on a handheld mobile while driving becomes socially unacceptable.Donegal spokesperson for Road Safety Group PARC, Susan Grey, has welcomed todays news, but she says the law will have to be enforced when it comes in….[podcast]http://www.highlandradio.com/wp-content/uploads/2012/10/sus1pm.mp3[/podcast] WhatsApp LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Guidelines for reopening of hospitality sector published Government to introduce double penalty points for drivers using mobile phones Pinterest Facebook RELATED ARTICLESMORE FROM AUTHOR Twitter Three factors driving Donegal housing market – Robinson Almost 10,000 appointments cancelled in Saolta Hospital Group this weekcenter_img Pinterest By News Highland – October 9, 2012 Previous articleFunding for Letterkenny to drop by 60% with Town Council proposalsNext articleMalin Head man suffered injuries consistent with a car crash in fatal attack News Highland News Google+ Calls for maternity restrictions to be lifted at LUH WhatsApp Facebook NPHET ‘positive’ on easing restrictions – Donnelly Google+last_img read more

Independent review into deaths of three soldiers killed in Lebanon 22 years ago

first_img Three factors driving Donegal housing market – Robinson LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Independent review into deaths of three soldiers killed in Lebanon 22 years ago Facebook Twitter Google+ News New information has sparked an independent review into the deaths of three soldiers in the Lebanon 22 years ago.Corporal Fintan Heneghan, Private Mannix Armstrong and Private Thomas Walsh were killed when their lorry struck a landmine in March 1989 while on duty in south Lebanon.Privates Armstrong and Walsh were based at Finner Camp at the time.The families of the three men raised concerns after learning the road had not been swept for landmines.In 2003, they called for an independent inquiry into the deaths, but an internal Army inquiry reportedly found no negligence.Now, following the discovery of new information, Justice and Defence Minister Alan Shatter will appoint a person to examine the circumstances.Fintan Heneghans brother Enda, who is based in Letterkenny, is hopeful the families can get some closure after the review……[podcast]http://www.highlandradio.com/wp-content/uploads/2011/04/1enda1pm.mp3[/podcast] Twitter RELATED ARTICLESMORE FROM AUTHOR By News Highland – April 8, 2011 Google+center_img WhatsApp WhatsApp Previous articleThird bomb hoax in StrabaneNext articleTwo men being questioned over Ronan Kerr murder to be held for another five days News Highland Calls for maternity restrictions to be lifted at LUH Almost 10,000 appointments cancelled in Saolta Hospital Group this week Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Guidelines for reopening of hospitality sector published Pinterest Facebook Pinterestlast_img read more

Man in court on Derry Easter Monday charges

first_imgNewsx Adverts Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Previous articleDonegal TDs receive committee appointmentsNext articleObjection lodged to major Letterkenny residential development News Highland WhatsApp LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Guidelines for reopening of hospitality sector published Calls for maternity restrictions to be lifted at LUH Twitter A 49-year-old has appeared at Derry Magistrates Court today charged in connection with a Real IRA march on Easter Monday.Marvin Canning 51, Galliagh Park, Derry was charged with arranging or organising a meeting in support of a proscribed organisation and aiding and abetting uniformed men who were supporting a proscribed organisation namely the IRA.A police officer opposed bail and said that during the march on April 25 organised by the 32 County Sovereignity Movement threats were made against PSNI members sand others who would be perceived as ‘traitors’ by the IRA.He said Canning was seen driving a White van from which the colour party alighted.He agreed that Canning had told police that he was approached by two men and asked to drive to a street where the colour party entered the van.The detective said Canning told them he had no knowledge of the statement that was read out and that he disagreed with the contents.District judge Barney McElholm granted bail and said it was in part because Canning did not agree with the ‘appalling remarks’ made that day.Canning was released on bail of £1000 with one similar surety and ordered to observe a curfew.He was also banned from attending any meeting or protest organised by the 32 CSM or any group who claim to support the IRA.he will appear again on July 7. Facebook Twitter Pinterestcenter_img Google+ RELATED ARTICLESMORE FROM AUTHOR Pinterest Man in court on Derry Easter Monday charges By News Highland – June 9, 2011 WhatsApp Google+ Three factors driving Donegal housing market – Robinson Facebook Almost 10,000 appointments cancelled in Saolta Hospital Group this week last_img read more

Council preparing strategy for future EU funding applications

Guidelines for reopening of hospitality sector published WhatsApp By News Highland – October 26, 2012 Need for issues with Mica redress scheme to be addressed raised in Seanad also Facebook Pinterest Twitter News WhatsApp LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Google+ Google+ Pinterest Twitter Almost 10,000 appointments cancelled in Saolta Hospital Group this week Donegal County Council is preparing to make its pitch for future interreg and EU Peace funding programmes, with members told this week that the council’s own EU Policy and Funding Unit has become a crucial element of the ongoing bid to maximise funding.Councillors have been told that the authpority will be making a submission in its own right, as well as being involved in a number of joint submissions.The council’s Director of Community, Culture and Planning Services Michael Heaney told members this week that in its applications and submissions, the council will be concentrating on a number of key goals identified in its integrated strategy.They are in the areas of enterprise and skills, tourism and natural resources, the Green economy, access to services, culture as a resource and the Donegal brand.That strategy was developed in conjunction with the County Development Board, and mention of the board prompted some disquiet from the floor when Cllr Barry O’Neill claimed the funding secured through the board seemed to be concentrated on Letterkenny, and asking why councillors were not consulted.He questioned why theatres and sports organisations in South Donegal were not getting such funding.Development Board Chair Cllr Dessie Larkin interjected, saying these grants were as a result of newspaper advertisements, and anyone can apply.Michael Heaney concluded that the council will work alone, and in partnership with others, to maximise the benefit to the whole of the county, and the special EU Unit is crucial in allowing that to happen……..[podcast]http://www.highlandradio.com/wp-content/uploads/2012/10/mhfri1pm.mp3[/podcast] Calls for maternity restrictions to be lifted at LUH Facebook Council preparing strategy for future EU funding applications Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey RELATED ARTICLESMORE FROM AUTHOR Previous articleDonegal and Kerry to join forces in Coastguard retention campaignNext articlePlanning permission granted for new Omagh Hospital News Highland read more

European Parliament’s Fisheries Committee meets with Killybegs fishermen

first_img Almost 10,000 appointments cancelled in Saolta Hospital Group this week Facebook Twitter A delegation from the European Parliament’s Fisheries Committee spent yesterday in Donegal, meeting with a number of interest groups including the KFO and representatives of the island fishermen.The Donegal leg of the committee’s Irish visit was hosted by North West MEP Pat the Cope Gallagher, who says it’s an important visit, coming as it does after the Parliament last week concluded its deliberations on the reform of the Common Fisheries Policy.With three way discussions on the policy now about to begin between the parliament, the commission and the European Fisheries Ministers and the European Commission, Mr Gallagher says it’s important that the delegates from Spain, Germany and Scotland have seen the issues directly affecting fishing communities in Donegal……….[podcast]http://www.highlandradio.com/wp-content/uploads/2013/02/pcope830.mp3[/podcast] Twitter Google+ Need for issues with Mica redress scheme to be addressed raised in Seanad also RELATED ARTICLESMORE FROM AUTHOR Pinterest WhatsApp By News Highland – February 14, 2013 LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton center_img Previous articleDelay in funding for Aghilly Road needs to be explainedNext articleLetterkenny Mayor launches scathing attack on Environment Minister News Highland Google+ News Pinterest Calls for maternity restrictions to be lifted at LUH Guidelines for reopening of hospitality sector published Facebook Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey European Parliament’s Fisheries Committee meets with Killybegs fishermen WhatsApplast_img read more