Hit, hold or fold? Unilever, GlaxoSmithKline, AstraZeneca shares

first_img See all posts by Joe Clark Simply click below to discover how you can take advantage of this. Hit, hold or fold? Unilever, GlaxoSmithKline, AstraZeneca shares Our 6 ‘Best Buys Now’ Shares Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. 5 Stocks For Trying To Build Wealth After 50 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. Three FTSE 100 dividend stocks have caught my attention lately for the wrong, and conversely, the right reasons. All are not having a great time of late, particularly Unilever (LSE: ULVR) and GlaxoSmithKline (LSE: GSK), whose shares have been two of the FTSE  100’s worst performers this last month.But these are dividend giants, and with the chance of strong capital growth I thought it was time I had a closer look at these UK portfolio staples.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…I am going to look at these stocks as if I was in a casino and I was dealt all three. What share would I hit again (buy more), hold (keep) and fold (sell)?HoldGSK has been one of the worst performers of the FTSE 100 in the last 12 months, and is trading at a material 25% discount to its peer group. Whilst it has been a disappointment for a fair amount of time now, with a price-to-earning (P/E) ratio (10.8x) and a yearly dividend yield (6.6%), I would not be selling!It is not just the great income you can get from this stock, but there are catalysts that can get this share price back on track, such as good results on its Covid-19 vaccine candidate, which recently reached phase 2 trials. Therefore Mr. Dealer, I’d hold.FoldAstraZeneca’s (LSE: AZN) recent results and future guidance were good. A lot of what I think is positive news has been lost around the controversy of the vaccine, particularly with the EU questioning its efficacy in the over 65s and then doing a U-turn and blocking shipments of the vaccine to Australia.Fourth-quarter pre-tax profit, revenue and core earnings per share rose, and it guided for growth in the low-teens for 2021. Its fourth-quarter profit before tax was $1.17 billion, significantly higher than the last year’s $240 million.Positive news, yes… but I can’t see a catalyst to push the share price up in the near future. I like the stock but it would be my last choice of the three to take a position in right now. Mr. Dealer, fold.BuyUnilever is one of the world’s largest consumer goods companies (with brands like Ben & Jerry’s, Dove and Vaseline) and has seen its share price drop over 10% since February. Every day, almost a third of the global population (approximately 2.5 billion people) use Unilever products.I think now is a good opportunity to start a position into a great company that should provide me with dividend income and growth. Unilever shares have been paying dividends since 1929, and it currently offers an attractive combination of dividend yield (3.8% as of March 2021) and dividend growth (a five-year average of 5.3%). Mr. Dealer, I’d buy.SummaryIn conclusion, I wouldn’t shy away from looking at adding any of these shares read more

Episcopalians join other people of faith in prayers for Maryland…

first_img Assistant/Associate Rector Morristown, NJ Submit an Event Listing Featured Events Bishop Diocesan Springfield, IL Tags Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Cathedral Dean Boise, ID Missioner for Disaster Resilience Sacramento, CA TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Submit a Press Release Rector and Chaplain Eugene, OR Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Curate Diocese of Nebraska Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector (FT or PT) Indian River, MI Family Ministry Coordinator Baton Rouge, LA Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Press Release Service Gun Violence March 2018 AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis New Berrigan Book With Episcopal Roots Cascade Books [Episcopal News Service] Church of the Ascension, Lexington Park, Maryland, will be the site of a community prayer service March 20 in response to the latest school shooting in the U.S.A 17-year-old male student shot two other students at Great Mills High School about two miles from the church earlier that morning before a school resource officer engaged him and stopped the threat, according to St. Mary’s County Sheriff Tim Cameron. CNN reported that the student was Austin Wyatt Rollins and said the sheriff reported that the shooting began in a school hallway at 7:55 a.m., just before classes started. Rollins, armed with a handgun, shot a female and a male student. The shooter had a prior relationship with the female student, according to the sheriff.Rollins was dead at the scene, and the Associated Press reported that Cameron said it wasn’t immediately clear whether the shooter took his own life or was killed by school resource officer Blaine Gaskill’s bullet. The 16-year-old female victim has a life-threatening injury, and a 14-year-old boy also suffered a gunshot wound to the thigh, but it wasn’t clear who shot him, the news service reported.The prayer service at Ascension, a parish in the Episcopal Diocese of Washington, is being planned in coordination with Lexington Park United Methodist Church, Good Samaritan Lutheran Church, Lexington Park Baptist Church, Trinity Lutheran Church in Lexington Park, God’s House Church in Lexington Park and St. George’s Episcopal Church in Valley Lee.“Members of the community impacted by the shooting today, and those in the region seeking to pray in solidarity, are invited to attend,” according to a release from the diocese.The shooting comes just more than a month after the Valentine’s Day killings of 17 students and adults at a Florida high school by a teenager with an assault-style weapon, and five days before the March of Our Lives events, called for on March 24 by survivors of the Marjory Stoneman Douglas High School massacre. Advocacy Peace & Justice, This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Associate Rector for Family Ministries Anchorage, AK Course Director Jerusalem, Israel Assistant/Associate Priest Scottsdale, AZ Rector Smithfield, NC Assistant/Associate Rector Washington, read more

Beach House / Yamamori Architect & Associates

first_img Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/141725/beach-house-yamamori-architect-associates Clipboard “COPY” Beach House / Yamamori Architect & AssociatesSave this projectSaveBeach House / Yamamori Architect & Associates CopyAbout this officeYamamori Architect & AssociatesOfficeFollowProductsGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesShimaHousesJapanPublished on June 10, 2011Cite: “Beach House / Yamamori Architect & Associates” 10 Jun 2011. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPanels / Prefabricated AssembliesTechnowoodPanel Façade SystemCompositesMitrexPhotovoltaic Solar Cladding – BIPV CladdingMetal PanelsAurubisMill Finished Copper: Nordic StandardDoorsRaynorThermal Sectional Doors – FlexFamily™SinksBradley Corporation USASinks with WashBar Technology – Verge LVQ SeriesExterior DeckingLunawoodThermowood DeckingStonesCosentinoNon-slip Treatment – Dekton® Grip +Metal PanelsSherwin-Williams Coil CoatingsValflon® Coating in Edmonton Public LibraryWallcovering / CladdingLinvisibileLinvisibile Boiserie and Skirting Systems | OrizzonteMineral / Organic PaintsKEIMMineral Paint in Beethoven HausWall / Ceiling LightsEureka LightingCeiling Recessed Lights – OutlineFurnitureFrapontWood Furniture and EquipmentMore products »Read commentsSave想阅读文章的中文版本吗?Beach House / Yamamori Architect & Associates是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream “COPY” Architects: Yamamori Architect & Associates Area Area of this architecture project Photographs:  Kei Sugino Manufacturers Brands with products used in this architecture project 2010 Beach House / Yamamori Architect & Associates Housescenter_img Japan ArchDaily Area:  287 m² Year Completion year of this architecture project Photographs Projects CopyHouses•Shima, Japan Save this picture!© Kei Sugino+ 17 Share Manufacturers: Hansgrohe, AGC, Catalano, Fantini, Gaggenau, Lixil Corporation, Vola, YKK AP, MaxrayArchitects:Yamamori Architect & AssociatesCity:ShimaCountry:JapanMore SpecsLess SpecsText description provided by the architects. When I first visited this site, I thought the key issues for this project were how to intertwine, dissolve, cut and take in elements of this natural environment, such as ocean, greenery, sky and wind. Save this picture!© Kei SuginoThis site is located in a secluded bay on a ria coast where fishing and other boats come and from where the ocean can be viewed. The contrast of ocean and greenery is beautiful an d a building was required for the client who will visit here sometimes to enjoy this place. There is a small road between the site and the ocean. Even though it is hardly used, I had to consider the lines of sight from outside and inside. Save this picture!section 01The differences in height between the ground, the building and the interior spaces are a significant component of this design. Save this picture!© Kei SuginoI elevated the floor to keep a subtle distance from the ground, to create a different world and to express a feeling of floating. This strategy also accommodates the occasional exceptionally high tides peculiar to this area and avoids any direct lines of sight from the road.
The wing-like eave introduces an aerodynamic element appropriate in this high-wind area. It gives a lightness to the architecture and it frames the view in the Japanese tradition of ‘borrowed scenery’. Save this picture!© Kei SuginoIn section this house consists of four layers. It is mostly a single volume with different floor heights and each level is connected with gentle stairs. The view lines vary from each of these different heights and the scenery of outside and inside changes. These contrasts generate a dynamic interior space. 
 This house is like a viewing device to overlook the ocean. It has a continuity from inside and outside, bringing the scenery inside, and blending into this natural coastal environment beautifully. Save this picture!© Kei SuginoI aimed to pursue a simple modern beauty where an abstract spiritual figure, and a calm and balanced figure collide. When I sat down at the terrace one day, I saw a full moon on the horizon. The moon projected onto the sea surface and wrapped the scenery from the ‘Moon viewing deck’.Project gallerySee allShow lessVideo: A Conversation read more

Charity walkers reach £1 million

first_img  24 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 19 July 2005 | News Participants in the Ulster Cancer Foundation’s Ben Nevis walk will reach £1 million raised over the last five years when the next walk begins in August. 3,000 people have scaled the 4,408ft summit since the walks began in 2000. Neill Granger, Development Officer with UCF, said the Ben Nevis challenge was one of their most successful events.“This money will provide a better future for people with cancer in Northern Ireland, by helping fund our vital patience care services, cancer research and cancer prevention campaigns, ” he said. This year the event will take place over four weekends, departing 19th August, 16th September, 30th September and 14th October. Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Events Ireland About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Charity walkers reach £1 millionlast_img

End of month deadline for Resilience & Recovery Loan Fund applications

first_imgEnd of month deadline for Resilience & Recovery Loan Fund applications About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. Charities have until the 30 September to apply for a share of the £25m Resilience & Recovery Loan Fund.So far, funding of close to £10m, including £0.5m of grants, has been approved, going to to 25 charities and social enterprises including Big Issue, Action on Hearing Loss and the Royal Society for Blind Children. This leaves a further £15m to be applied for.This is an emergency fund for social enterprises and charities improving people’s lives across the UK and finding their normal business model adversely affected as a result of Covid-19. It was established to make the government’s Coronavirus Business Interruption Loan Scheme more accessible to charities and social enterprises.The Resilience & Recovery Loan Fund is being run by Social Investment Business (SIB) with an initial £25m investment and support from Big Society Capital. £4m in grants from Access – The Foundation for Social Investment – is also available alongside loans for organisations in England. SIB is working with a number of social investor partners to deliver the fund including Big Issue Invest, CAF Venturesome, Charity Bank, Resonance, Social Investment Scotland, Social and Sustainable Capital and Wales Council for Voluntary Action.The Coronavirus Business Interruption Loan Scheme is designed to support the continued provision of finance to smaller businesses in the UK during the Covid-19 outbreak.Nick Temple, Chief Executive of SIB, said:“Since launching the Resilience and Recovery Loan Fund, we have been pleased at the wide range of charities and social enterprises we have been able to support with investment. While loans are not right for all organisations, we encourage any who are thinking it might suit their needs to get in touch with the team and apply before the deadline – and avoid missing out on the current offer.”Information on criteria and how to apply is available on SIB’s site. Advertisement  301 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1  300 total views,  2 views todaycenter_img Tagged with: COVID-19 Funding AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Melanie May | 10 September 2020 | Newslast_img

After Tolo TV car bomb, entire media organizations under threat of attack

first_img May 3, 2021 Find out more RSF_en Help by sharing this information Situation getting more critical for Afghan women journalists, report says Organisation Follow the news on Afghanistan Receive email alerts AfghanistanAsia – Pacific News AfghanistanAsia – Pacific News News to go further RSF asks International Criminal Court to investigate murders of journalists in Afghanistan No group has so far claimed responsibility for the attack. The minibus was operated by the Kabura production company, which is owned by the Moby Group.“Journalists are targeted throughout the world but now entire news organizations are threatened by large-scale attacks,” Reporters Without Borders secretary-general Christophe Deloire said. “Jihadists are among press freedom’s worst predators. As in Paris a year ago, killers decided to target a media outlet out of hatred for its editorial policies and hatred for free speech in general. We call on the Afghan authorities to assign all available resources to catching those responsible for this bombing as quickly as possible.”Tolo TV and 1TV – Afghanistan’s two leading privately-owned TV channels – were named as “military targets” in a Taliban communiqué on 12 October 2015. Signed by the “Islamic Emirate of Afghanistan’s Military Commission,” it said: “We henceforth regard Tolo TV and 1TV as military targets, not as news media (…) Nothing is safe from our attacks, neither personnel (presenter, reporters or crews) nor the building themselves.”RSF visited Afghanistan last November to organize a conference on security for journalists and to meet with senior officials – including Head of Government Abdullah Abdullah, information and culture minister AbdulBari Jahani and presidential spokesman Sayed Zafar Hashemi – to ask them to adopt concrete measures to protect the media.Journalists have paid a high price in Afghanistan since 2001. At least 34, including 15 foreign journalists, have been killed in connection with their work. Most of these murders are still unpunished.Afghanistan is ranked 122nd out of 180 countries in the 2015 Reporters Without Borders press freedom index. News June 2, 2021 Find out more Reporters Without Borders (RSF) is horrified to learn that at least seven members of Tolo TV’s staff were killed in downtown Kabul late this afternoon when a minibus taking a group of the TV station’s employees to their homes was rammed by a suicide bomber in another vehicle carrying explosives. January 20, 2016 – Updated on March 8, 2016 After Tolo TV car bomb, entire media organizations under threat of attack Afghanistan : “No just and lasting peace in Afghanistan without guarantees for press freedom” March 11, 2021 Find out morelast_img

Pasadena Community Gardens Conservancy’s Seeds of Transformation Kick Off Party

first_img 19 recommended0 commentsShareShareTweetSharePin it More Cool Stuff Friends and patrons of Pasadena Community Gardens Conservancy gathered last week at a private estate in San Marino for dinner and conversation with experts concerned with health and nutrition among Pasadena’s most underserved children and families. The cocktails-and-dinner event served as a preview and kick-off for The Conservancy’s April 29 garden party, Seeds of Transformation: a Tuscan Feast, to be held at the Henry A. Robinson House, a 1905 Greene & Greene estate on the Arroyo. Chef Bruce Kalman of Pasadena’s Union Restaurant, will be on hand to prepare and serve his signature dishes, from SoCal’s best meatballs to his famous grilled octopus, lemon chicken, and pastas. Tickets begin at $150.The Conservancy, a local foundation begun by 30 Pasadena, San Marino, and La Canada community leaders, has financed four community and school gardens in the past four years and underwrites a full-time Master Gardener to help reduce obesity and diabetes among Pasadena’s 12,000 low-income public-school students.PCGC also has created partnerships with local institutions, including the Huntington Library, for teacher training and botanical-education field trips. The group is currently raising funds to build an additional 6 public-school gardens to serve children and families and expand nutritional and botanical offerings.For more information, visit www.pasadenaconservancy.org, or email [email protected] Community Gardens Conservancy is a nonprofit foundation dedicated to building school and community gardens to improve the health of Northwest Pasadena’s underserved children and families. It is now now supporting four gardens and a full-time Master Gardener for the Pasadena public schools. Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Business News center column 3 Pasadena Community Gardens Conservancy’s Seeds of Transformation Kick Off Party From STAFF REPORTS Published on Monday, March 6, 2017 | 3:08 pm Your email address will not be published. Required fields are marked * 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. HerbeautyTips From A Professional Stylist On How To Look Stunning In 2020HerbeautyHerbeautyHerbeautyAmazing Sparks Of On-Screen Chemistry From The 90-sHerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeautyAncient Beauty Remedies From India To Swear By For Healthy SkinHerbeautyHerbeautyHerbeautyKeep Your Skin Flawless With These Indian Beauty RemediesHerbeautyHerbeautyHerbeautyThis Trend Looks Kind Of Cool!HerbeautyHerbeauty Make a commentcenter_img Name (required)  Mail (required) (not be published)  Website  Community News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS First Heatwave Expected Next Week Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Community News Subscribe Top of the News last_img

New York Appeals Court Revives CDO Fraud Suit Against Goldman Sachs

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: FHFA Announces Extension of HARP and HAMP Until the End of 2016 Next: DS News Webcast: Monday 5/11/2015 New York Appeals Court Revives CDO Fraud Suit Against Goldman Sachs The Best Markets For Residential Property Investors 2 days ago May 8, 2015 1,302 Views Share Save The New York State Court of Appeals revived a lawsuit accusing Goldman Sachs Group of fraud regarding the selling of subprime mortgage-backed securities prior to the crisis, according to multiple media reports.The 5-2 vote from the highest court in New York reinstated a $120 million fraud claim first brought against Goldman Sachs by ACA Financial Guaranty Corp. in early 2013.ACA Financial alleged in the suit that Goldman induced the bond insurer to back a pool of subprime mortgages known as Abacus 2007-ACI, a collateralized-debt obligation (CDO) deal, when Goldman knew that hedge fund Paulson & Co. was a long investor and was betting on the mortgages in the CDO to fail. Reports said that ACA Financial claims it lost about $900 million in the subsequent collapse of the mortgage market as a result of the deal while Paulson made substantial profits.According to reports, a fraud case can only continue under state law if the plaintiff can show that it “justifiably relied” on the defendant’s representations. The suit was dismissed by the Appellate Division of the New York Supreme Court in May 2013 on the grounds that ACA Financial, as a “highly sophisticated commercial entity” should have done its research on the securities before purchasing, including asking Paulson about the role it played in investing in Abacus CDO, according to reports. An amendment to the lawsuit in 2013 named Paulson as a co-defendant.Goldman Sachs spokesman Michal DuVally called ACA’s claims “contrived” and said he was “confident” they would fail, while Steven Berkowitz, CEO of ACA Financial, said he was pleased with the decision, according to reports.Goldman agreed to a settlement worth $550 million in 2010 with the U.S. Securities and Exchange Commission over claims of defrauding Abacus investors. As part of the settlement, Goldman did not admit any wrongdoing. Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Collateralized Debt Obligations Goldman Sachs Mortgage-Backed Securities Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, News, Secondary Market The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / New York Appeals Court Revives CDO Fraud Suit Against Goldman Sachs Collateralized Debt Obligations Goldman Sachs Mortgage-Backed Securities 2015-05-08 Brian Honea Related Articles About Author: Brian Honea Sign up for DS News Daily  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Subscribelast_img

Steady Outflow is Driving Continuous Decline in Foreclosure Inventory

first_imgHome / Daily Dose / Steady Outflow is Driving Continuous Decline in Foreclosure Inventory Tagged with: Black Knight Financial Services CoreLogic Foreclosure Inventory 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 Share Save Black Knight Financial Services CoreLogic Foreclosure Inventory 2015-08-27 Brian Honea  Print This Post Previous: Watchdog Audit Finds HUD’s Policies Did Not Ensure HECM Borrower Compliance Next: DS News Webcast: Friday 8/28/2015 About Author: Brian Honea Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Foreclosure inventory is back down to pre-recession levels, according to reports this month from CoreLogic and Black Knight Financial Services, and a major driver of the steady decline of residential homes in foreclosure is the steady foreclosure outflow.Black Knight found 739,000 homes in pre-sale foreclosure inventory for June (about 1.46 percent of mortgages), while fore CoreLogic the numbers were lower (472,000 homes, about 1.2 percent of mortgages). But both have been steadily on the decline – for CoreLogic, the 1.2 percent foreclosure inventory rate (a decline of 29 percent from the previous June) is the lowest level since January 2008.The estimated total of 1.46 percent foreclosure inventory by Black Knight in June was a 22.6 percent decline year-over-year; while this was the lowest year-over-year decline in foreclosure inventory reported for one month since early 2013, the number of loans in foreclosure still declined by 210,000 since June 2014, according to Black Knight.The foreclosure outflow was steady even with the lower year-over-year decline in foreclosure inventory; Black Knight found that 23 percent of all active foreclosures entering 2015 either were liquidated or went to sale during the six-month period ending June 30, 2015. An additional 7 percent of loans that entered 2015 in active foreclosure are now current and performing, according to Black Knight.The 30 percent aggregate of loans that have either been liquidated or returned to current status is close to a post-crisis high, according to Black Knight. The aged foreclosure inventory has also seen substantial outflow; 22 percent of severely delinquent loans (defined as two years or more past due) that entered 2015 in active foreclosure were either liquidated or went to sale in the previous six months for the period ending June 30, 2015. It was the highest percentage of outflow for aged inventory since 2009, according to Black Knight. The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Steady Outflow is Driving Continuous Decline in Foreclosure Inventory August 27, 2015 874 Views Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Foreclosure, News The Best Markets For Residential Property Investors 2 days ago Subscribelast_img

Not Possible To Permit Lawyers To Board Local Trains At This Juncture; State Informs Bombay HC About Decision On Representation Made By Lawyers [Read Order]

first_imgNews UpdatesNot Possible To Permit Lawyers To Board Local Trains At This Juncture; State Informs Bombay HC About Decision On Representation Made By Lawyers [Read Order] Nitish Kashyap7 Aug 2020 9:07 AMShare This – xThe State government informed the Bombay High Court on Friday that the representation made by lawyers seeking directions for members of the bar to be allowed to travel in local trains amidst current restrictions due to Covid-19 pandemic has been rejected by the Secretary, State Disaster Management, Relief and Rehabilitation. Advocate General AA Kumbhakoni submitted before…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe State government informed the Bombay High Court on Friday that the representation made by lawyers seeking directions for members of the bar to be allowed to travel in local trains amidst current restrictions due to Covid-19 pandemic has been rejected by the Secretary, State Disaster Management, Relief and Rehabilitation. Advocate General AA Kumbhakoni submitted before the division bench of Chief Justice Dipankar Datta and Justice AS Gadkari that in compliance of directions passed in order dated July 31, the said authority heard the representation made by lawyers and accordingly placed the said decision before the bench. In the order passed on August 5, at the outset, the Secretary has noted that the State is not ignorant of the fact that access to justice is a Fundamental Right and lawyers constitute an essential part of the judicial system which is dedicated to delivery of justice, as was observed by the bench on July 31 after the state government seemed to be delaying a decision on the said representations. Moreover, the order states- “As on August 2, 2020, total number of cases of Covid-19 in Maharashtra is 4,31,719 and total number of deaths due to Covdi-19 is 15,316. Out of these in Mumbai alone, the total number of infected cases have been found to be 1,15,331 and in Mumbai Metropolitan Region the number is 94,564 and 9110 is the total number of deaths registered due to Covid-19. The aforesaid situation cannot be ignored and has to be considered seriously, in its proper perspective, specially while considering the representations at hand.” Thus, referring to the now relaxed restrictions with regard to travel, the Secretary noted that lawyers have the option of travelling by private vehicles, two wheeler or four wheeler, including taxi. However, the order states- “In the extraordinary situation that prevails in Mumbai and MMR, providing travel facilities to frontline workers, staff has been the topmost priority of the State government. In so far as staff of other offices such as employees of nationalized banks, GST, Customs, Dept of Post, Mumbai Port Trust, PSUs is concerned, they are required since they are helping in bringing the economy to normal which has been worst affected by the Covid-19 pandemic.” Referring to the staff of the judiciary who are allowed to travel by local train, the Secretary observed – “Without their assistance, the judges of the High Court will not be able to function. In as much as the staff of government pleader’s offices are concerned, it needs to be appreciated that basically all of them are employees of the state and are working under the law and judiciary department. Therefore, like most of the other state government employees, they are also allowed to use the local train services. However it is required to be appreciated that even offices in mantralaya are not functioning in their full capacity. The attendance of the staff of even these offices has been restricted so as to avoid overcrowding at workplaces, the order states.” The Secretary also stated in the order that prominent organisations have made similar representation seeking directions for their staff to be allowed to travel on local trains. To name a few, the Bombay City Civil court, BPCL, LIC, MTNL, FDA, BSNL and MTNL staff etc. Finally, noting that apposite to ‘Mission Begin Again’ the State government is gradually easing restrictions and is “opening lockdown phase-wise in a staggered manner” and state will consider permitting lawyers to travel in local trains in due course, the order states- “Therefore, in the current pandemic situation, only those service providers whose services are of topmost priority and are indispensable have been allowed to travel by local trains so as to avoid overcrowding inside the trains which will ultimately help in curbing the spread of the infection.” read more