RMBS Issuance Dips, But Still Outpaces 2016

first_img Tagged with: Moody’s Investor Service RMBS sector update Q3 2017 Share Save Moody’s Investors Service has released a Sector Update for Q3 2017, revealing a slight decrease in residential mortgage-backed securities (RMBS) issuance over Q2 2017. However, compared to Q3 2016, issuance is up by approximately 51 percent.New issuance in Q3 consisted mainly of “prime jumbo, government-sponsored entities (GSEs), credit-risk transfer (CRT), seasoned performing and re-performing transactions.” Q3 2017 saw 26 RMBS transactions issued, down from 28 in Q2 2017. A total of 74 private-label RMBS “backed by varying types of collateral and CRT deals” have been issued since the beginning of the year. Twenty-nine were CRT or Prime Jumbo deals. Seasoned performing and re-performing and non-prime deals have also seen an increase in issuance compared to a year ago.According to Moody’s Sector Update:Prime issuance was up compared to the same period in 2016. Nine prime jumbo transactions were issued in the first half of 2017. In Q3 2017, that number was six.The single-family vacancy rate remains stable and the tenant delinquency rate is low.Five CRT transactions were issued during Q2 2017.Two non-prime transactions were issued during Q3 2017.Non-traditional issuance was active in Q3 2017.Moody’s Sector Update for Q3 2017 also addressed the potential impact of hurricane season. While Hurricanes Harvey and Matthew were expected to have little impact on the RMBS transactions rated by Moody’s, the Update states, “Hurricane Irma may raise risk for RMBS transactions we rate through moderate to large exposure to Florida. Because many of these deals … are already performing poorly, temporary increases in delinquencies and increases in liquidation timelines would have just a marginal impact.”You can learn more about Moody’s research here. RMBS Issuance Dips, But Still Outpaces 2016 Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles About Author: David Wharton Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 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] Servicers Navigate the Post-Pandemic World 2 days ago Subscribe November 30, 2017 1,252 Views center_img The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Journal, Market Studies, News Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / RMBS Issuance Dips, But Still Outpaces 2016 Data Provider Black Knight to Acquire Top of Mind 2 days ago Moody’s Investor Service RMBS sector update Q3 2017 2017-11-30 David Wharton The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Previous: Title Insurers Look Forward to Strong 2018 Next: How Real Estate Pros Can Fight Fraudlast_img

Immigration backlog exceeds 700,000 cases and rising

first_imgiStock/Thinkstock(WASHINGTON) — One thing Attorney General Jeff Sessions and immigration activists can agree on is that there is a huge backlog of immigration court cases at the southern border.And they’ve been increasing since 2016, according to Syracuse University’s TRAC Immigration database, which monitors U.S. federal immigration enforcement.As of now, there are 714,067 pending immigration cases, according to the database.By comparison, there were just over 400,000 in 2014, just over 450,000 in 2015 and more than 515,000 in 2016, the most recent year for which data is available.The courts in New York, Los Angles, San Francisco and Houston are experiencing the biggest backlogs, data show.In response, the U.S. Justice Department sent 35 more prosecutors to the Southwestern border last month. The department’s Executive Office for Immigration Review (EOIR), which adjudicates immigration cases, also added 18 immigration judges to hear cases in person and via video conference.The assistant U.S. attorneys are allocated along the southern border states of Texas, California, Arizona and New Mexico.In a speech earlier this month at the EOIR, Sessions talked about a 50 percent increase in the number of U.S. immigration judges hearing cases in the coming year.Because the Department of Justice now refers all immigration cases for prosecution, there could be a bigger increase of backlogged cases.At an event last month, EOIR Director James McHenry said his office is always looking for ways to expiate the process but ensure due process.There are more than 320 immigration judges around the country but Sessions has signaled that he wants to hire more to address the problem.To that end, Congress has given the DOJ room to hire up 150 new judges, McHenry said.But President Trump expressed a different view in his reaction to a proposal by Senate Republicans, saying that adding judges on the southwest border would be “crazy.”Copyright © 2018, ABC Radio. All rights reserved.last_img

Internet promotes African freedom

first_img. Malou Mangahas of the Philippines, Archbishop John Baptist Odama of Uganda and Brenda Burrell of Zimbabwe accepted the Breaking Borders award on behalf of their organisations in Santiago, Chile. MEDIA CONTACTS • Global Voices Founder: Ethan Zuckerman [email protected] Founder: Rebecca MacKinnon [email protected] Executive director: Ivan Sigal [email protected] MD: Georgia Popplewell [email protected] • Bosco Uganda Fr. Joseph Okumu 0772 613517 [email protected] • Bosco USA Gus Zuehlke 1 (574) 255 1437 [email protected] [email protected] • Kubatana.net +263 4 776008/746448 [email protected] RELATED ARTICLES • Google’s SMS internet for Uganda• Eassy to go live soon• Chile on top of Chile quake data• African reality TV fights HIV• Talk 11 languages on your phoneTwo African organisations are among the three winners of the inaugural Breaking Borders awards, given by Google and alternative media group Global Voices to those fighting for free expression via the internet and other technology platforms.The winners are Kubatana.net from Zimbabwe in the advocacy category, Uganda’s Battery Operated Systems for Community Outreach (Bosco) for technology, and the Philippines Center for Investigative Journalism for policy.Supported by Thomson Reuters, the awards honour groups who use the internet to give voice to those once silenced, make the activities of governments more transparent, and standing up for the rights of dissidents.Global Voices is a community of more than 300 bloggers and translators around the world who work together to bring you reports from blogs and citizen media everywhere, with emphasis on voices that are not ordinarily heard in international mainstream media.The winners were announced in Santiago on 6 May at the Global Voices Summit, a gathering of internet activists from 60 countries have gathered. The awards were launched on 3 November 2009, when Google and others marked the 20th anniversary of the fall of the Berlin Wall, with the aim of celebrating how the internet has become a vital ally in worldwide efforts to advance freedom and political change.“This is particularly true at a time when dissidents, journalists and bloggers remain under severe pressure in the online and offline worlds,” Bob Boorstin, Google’s director of public policy, said in a statement.An international jury of experts reviewed nominations from around the world and chose the awardees in three categories: advocacy, technology and policy. Each group wins a US$10 000 (R75 000) grant to further their work.The winners are:Kubatana.net – Zimbabwe (advocacy)An online community for Zimbabwean activists, Kubatana uses the internet, email, SMS, blogs and print materials to broadcast information to the public. Cited for its extraordinary contributions while operating under in a tense and dangerous political atmosphere, Kubatana’s contributions also include an online library of more than 16 000 human rights and civic reports together with a directory listing over 240 NGOs.Beyond its significance as a resource for information on Zimbabwe, Kubatana has also developed Freedom Fone, innovative software that marries the mobile phone to audio voice menus and SMS to give citizens new ways to communicate.Bosco – Uganda (technology)Bosco was cited for its tremendously effective and creative use of long-existing technology to foster social and economic development and peace building in rural communities of northern Uganda.Launched in April 2007 as Battery Operated Systems for Community Outreach, Bosco began as a solar-powered, long-range wireless computer network covering locations in camps for internally displaced people across the Gulu and Amuru districts. Low-power computers and VoIP phones were installed in schools, health centres and parish offices, bringing internet, phone and intranet connectivity to remote areas.Bosco’s long-term vision is to build collaborative, web-based networks. Today it focuses on Web 2.0 training, online digital ethnography and collaborative online communication mediums between internet sites.The Philippines Centre for Investigative Journalism – Philippines (policy)An independent, not-for-profit media agency, the PCIJ was founded by nine Filipino journalists in 1989 – with borrowed office space, an old-DOS-based computer, a second-hand electric typewriter, and office furniture bought from a thrift shop – to promote the values of investigative reporting in fostering good governance, freedom of expression, and the people’s right to know.In 20 years, the PCIJ has produced 500 investigative reports, two dozen books on journalism and governance, five full-length films and dozens of video documentaries. It has conducted a hundred training seminars for journalists in the Philippines and Southeast Asia, and won over 120 national and international awards.The PCIJ maintains a multimedia website, an institutional blog, read more

South Africa’s JSE expands to Cape Town

first_img26 January 2016The Johannesburg Stock Exchange (JSE) is opening a new office in Cape Town so it can enhance its service to clients, build and strengthen relationships and provide accessible support to the market.The city has increased its footprint in the financial services sector and has become an important hub in the industry.JSE capital markets director Donna Oosthuyse described the Mother City has a major centre for global and local institutional investors as well as listed companies.“Being the second largest economic hub of South Africa, and the head office base of many institutional clients and an increasing number of member firms and brokers, an office in the city is a logical part of the JSE’s client strategy,” she said.#JSE aims to build and strengthen relationships and provide accessible support to the market from its new office in Cape Town.— JSE (@JSE_Group) January 20, 2016The new office will be used for all JSE-related activities and events held in Cape Town and it will be headed by senior capital markets specialist, Maryke Vreulink.Source: JSElast_img

Before the Games begin, athletes revel in booze and sex at Olympics Village

first_imgThe biggest spots extravaganza — Olympic Games — is not just about celebrating what the human body can achieve, but it also provides a big platform for sex, sleaze and boozing. Just days before the London Games begins, an unnamed American athlete has blown the lid off the partying and sex that are usual at the Olympic Games Village. In the lurid revelation, the athlete exposes dark dirty secrets of the grandest and most prestigious sporting event. The athlete reveals that wild parties are held at the high security village with the athletes indulging in sexual relations with each other. The athlete says that with so many young athletes under the same roof it is no surprise that the athletes indulge in sexual relations. For every athlete it is a dream to participate in the Olympics, but it seems that after the competitions there is something else on the minds of the superstars. The female athlete revealed shocking details of the open sexual relations within the Olympic Games Village. It is not just athletes indulging in sex within the village, but the athlete also brings to light the wild drunken parties that happen at the village. These shocking revelations are bound to take some sheen of the oldest games and cast the elite athletes in rather poor light.last_img

Quick Thoughts on Michael Sam to the Rams

I wrote this week that Michael Sam, the Missouri defensive end who came out as gay in February, wasn’t certain to be picked in the NFL draft. Of those players at his position who had been rated as sixth-round picks before the draft — as Sam was — slightly less than 50 percent were chosen by an NFL team.I also wrote that I’d take Sam’s side of the bet given even odds:Personally, however, if the odds are something like 50-50 on Sam being drafted, I think I’d take his side of the bet. Why? A player only needs one team to draft him. A player like Sam who generates polarized opinions might have a better chance of being chosen in a late round by a team like the New England Patriots or the Seattle Seahawks than one who everyone agrees is mediocre.Perhaps this counts as a “correct” (if well-hedged) prediction. But I got one thing pretty wrong. I assumed that Sam would be chosen by a team like the Patriots or the Seahawks or the San Francisco 49ers that play in an urban area especially tolerant toward gay people. But St. Louis was probably the best fit all along.How come? Public acceptance of homosexuality certainly varies from city to city and state to state. If we use support for gay marriage as a rough proxy, for example, I estimate that about 47 percent of voters approve of it in Missouri, as compared with 58 percent in California, 59 percent in Washington state and 66 percent in Massachusetts. (Obviously, the percentages are likely to be higher in cities such as San Francisco and Seattle specifically as opposed to the states as a whole. But that’s probably also true for St. Louis, which is considerably more liberal than the rest of Missouri.)What varies a lot more, however, is appreciation for University of Missouri football. Interest in the Tigers is about 50 times higher in Missouri than in the rest of the country, according to the number of Google searches.In other words, a higher percentage of people in St. Louis and elsewhere in Missouri will know of Sam as a football player and not just as a gay athlete. Here’s hoping that helps him to concentrate on what he does best.

Thorne says Misick charges are political persecution

first_img SIPT Wraps up, Court on Break til February 15 SIPT Opening Statement brings anticipation for evidence, Proceedings resume today Related Items:myrtle rigby health complex, ralph thorne, Special Investigation and prosecution Team Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsApp Thorne, QC maintains SIPT Trial is political vendetta Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 10 Dec 2015 – The often comical theatrics of lead lawyer for Michael Misick were aimed at showing up the Special Investigation and Prosecution Team as being overzealous in their quest to ‘get Mike’ for alleged crimes of corruption. QC, Ralph Thorne with his voice often rising in crescendo and with his tirade often eliciting warning from the Judge, rolled out what he called a heap of political charges for what his client believes is political persecution. He said the charge was a single one that the Brazilian court considered, but later the one alleged crime mounted to 17 counts as Misick, the former Premier, is accused of conspiring with all of the co-defendants, over a time frame of six and a half years, in the SIPT case. “Masquerading itself as domestic lawful prosecution he called it…” all the while telling the judge that he not only has the power but the obligation to find that the charges have no basis in law and that the basis is politically motivated. Proceedings continue at the Myrtle Rigby Health Complex today.last_img

Milan Pavkov Scoring twice against Liverpool is a dream come true

first_imgGoal hero Milan Pavkov admits sleep may be hard to come by after his double secured Red Star Belgrade a shock 2-0 win over LiverpoolThe 24-year-old forward cost only £3,000 in 2017 for Red Star compared to a Liverpool side which had spent over €180m in the summer.But it was Pavkov’s quick-fire double in the first half that proved to be the difference as Red Star became the first Serbian club to win a Champions League game.Pavkov’s second goal of the night was particularly good (see the video below) where his long-range effort thrashed past Alisson Becker.“I was hoping for this,” Pavkov told UEFA.com.“I said earlier that I’d like to score against Liverpool and it came true. I even scored twice.“Sleep? I won’t. I can’t sleep after some league games, let alone this one.divock origi, liverpoolReport: Origi cause Klopp injury concerns George Patchias – September 14, 2019 Divock Origi injury in today’s game against Newcastle is a cause for concern for Jurgen Klopp.Perhaps with one eye on Tuesday’s trip to Italy…“Maybe not the next two or three nights.“But I will have to sleep in the morning because we have an important game this weekend.”Red Star remains fourth in Group C on four points, but are two points off from reaching a knockout spot.The Serbians will take a trip to Napoli next time out on November 28.GOAL: Pavkov again — Red Star vs Liverpool 2-0 pic.twitter.com/llvbWszk9D— Tom vdm (@TVDMolen) November 6, 2018last_img

525000 Medicare beneficiaries in San Diego County to receive new cards

first_img KUSI Newsroom 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – New Medicare cards are going to be rolled out to hundreds of thousands of Medicare beneficiaries. The new cards focus on preventing identity theft by removing social security numbers from the cards.Richard Woodward, from the Senior Medicare Patrol was here to tell us more about the changes coming with new cards. 525,000 Medicare beneficiaries in San Diego County to receive new cards July 6, 2018 Posted: July 6, 2018 KUSI Newsroom, Categories: Good Morning San Diego, Local San Diego News FacebookTwitterlast_img