Industry Hits A “Momentous Milestone” for Loan Modifications

first_img Tagged with: HOPE NOW Loan Modifications HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, recently released its August 2016 loan modification data which shows that close to 119,000 homeowners avoided foreclosure and received a mortgage solution.“As the August HOPE NOW data report indicates, the housing market continues to normalize and move towards pre-crisis levels,” says Eric Selk, Executive Director for HOPE NOW. “We are extremely pleased to see the industry remain committed to preserving homeownership and helping homeowners avoid foreclosure. The mortgage industry hit a momentous milestone in August. Eight million permanent modifications have been reached since 2007. This is a huge accomplishment by the industry and illustrates the continued work that mortgage servicers are doing to assist those in need.”Total non-foreclosure solutions (the combination of total loan modifications, short sales, deeds in lieu and workout plans) increased 6 percent from July 2016. With approximately 36,000 completed in August, an increase of approximately 11 percent was also seen year-over-year. This total includes modifications completed under both proprietary programs and the government’s Home Affordable Modification Program (HAMP).Of the permanent loan modifications completed, HOPE NOW reports that an estimated 25,000 were through proprietary programs and 10,610 were completed via HAMP.“As permanent modifications remain steady, homeowners are also receiving more ‘upstream’ solutions,” says Selk. “Solutions such as repayment plans and other retentions options being offered to those with short-term delinquency issues. Our members are not only focused on offering viable solutions for at-risk borrowers, but fulfilling quicker results at the time of delinquency.”Total permanent modifications completed reached 8 million, and of that number, approximately 6.4 million have been proprietary modifications. The remaining 1,644,427 have been completed via HAMP.“Serious delinquency still affects more than 1.5 million borrowers – something that everyone should be paying attention to – although this number is close to pre-crisis figures,” says Selk. “As part of an effort to engage more effectively with communities, HOPE NOW continues to host housing roundtables and face-to-face outreach events. Just recently, HOPE NOW hosted its second community roundtable of 2016 in Tampa, Florida (first one in Orange County, California). In partnership with Congresswoman Kathy Castor, HOPE NOW held a roundtable with 50 local housing partners in the Tampa area. Topics of discussion included access to mortgage credit, state of housing, and local assistance programs.”To view the full report from HOPE NOW, click HERE.  Print This Post Demand Propels Home Prices Upward 2 days ago Related Articles HOPE NOW Loan Modifications 2016-10-20 Kendall Baer in Daily Dose, Featured, News The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Industry Hits A “Momentous Milestone” for Loan Modifications About Author: Kendall Baer Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, Texas. Born and raised in Texas, Baer now works as the online editor for DS News. October 20, 2016 2,251 Views Demand Propels Home Prices Upward 2 days ago Previous: The Importance of Spotting (and Curing) Title Defects Before they Rear their Ugly Head Next: Why Are Mortgage Delinquencies Spiking Among Older Americans? Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Home / Daily Dose / Industry Hits A “Momentous Milestone” for Loan Modificationslast_img read more

Faurlin posts farewell message to QPR fans

first_imgAlejandro Faurlin has confirmed he will leave QPR this summer.West London Sport had earlier revealed that manager Jimmy Floyd Hasselbaink had indicated that out-of-contract trio Faurlin, Clint Hill and Karl Henry are not in his plans.Faurlin, who has been at Rangers for seven years, subsequently posted a farewell message to fans on social media, thanking them for their support.Hasselbaink wanted to keep Junior Hoilett, whose contract also expires this summer, but the Canadian has told the club he wants to leave.See also: Hoilett tells QPR he wants to leaveFollow West London Sport on TwitterFind us on Facebooklast_img

49ers’ Jordan Matthews heads to France to see wife in World Cup

first_imgSANTA CLARA – Wide receiver Jordan Matthews is heading for a storybook destination now that 49ers minicamp is complete. He’s off to France, where his wife, Cheyna, is playing for Jamaica in its first-ever Women’s World Cup.“We’re in this crazy phase right now,” Matthews said after Wednesday’s practice. “She’s watched me play on this (NFL) stage, and now she’s playing on the biggest soccer stage in the world.”It’s a fabulous phase that Matthews’ former Philadelphia Eagles teammate, Zach Ertz, …last_img

Food security is the focus

first_imgAbonga Tom and Sizwe Nyuka Mlenzana, at Ekasi Garden Headquarters, Vusamanzi Primary School, (Image: Redbull Amaphiko)Lead by example is the motto of the founders of Ekasi Project Green, who aim to make their communities nutritionally self-sustainable.Ekasi Project Green is an urban farming initiative that is run by young people from Khayelitsha, a township in Cape Town, based at Vuzamanzi Primary School. It promotes a healthy lifestyle and good nutrition to make people more aware about the food they eat and to make good decisions for their health.The project creates a space where young people can be creative while developing themselves. They want to see young people getting in touch with local farmers and making better decisions about the role they play in the food system.AN INSPIRATION FROM HOMEEkasi Project Green was started in September 2014 by friends who were inspired by their grandmothers’ gardens in Eastern Cape. They had the idea to guarantee a healthy diet for the students.Abonga Tom and Sizwe Nyuka Mlenzana, who have been friends since they were children, spoke to SA Goodnews about the project.“Young people like to believe in what they see, they watch us and want to get involved,” Tom said. “Ekasi is a role model. By doing, we motivate children to explore their talent and creativity… Our passion is fuelled by the difference we see we’re making and the excitement of the students at Vuzamanzi Primary School when they come running to help and play.”Sizwe, Abonga and friends joined forces because the overall influx of bad news coverage was acting like a counter agent to change. “A tip for social innovators: be ambitious, self-confident, patient, safe and most of all, free your mind and stay positive,” said Mlenzana. “Don’t compare yourself to anybody else but stay focused.”PARTNERSHIPSIn the social entrepreneurship sphere partnerships are needed to fulfil the mandate of an organisation. Ekasi works in partnership with Slow Food Youth Network, an organisation from Italy that promotes good, clean, fair food with a focus on sustainability.“Slow Food Youth Network is very supportive in everything we do, from the We Love Our Seeds workshop and Funky Vegetable Festival we organised here in Khayelitsha,” Mlenzana explained. “We also volunteer for the organisation and represented Slow Food [at the] Good Food and Wine at Cape Town International Convention Centre.”Mlenzana represented Ekasi in France at the third Eating City Summer Campus, alongside 42 people from all over the world. The Campus offered a global platform at which participants could discuss the effects of food systems on natural elements, identify problems and also come up with solutions.They wrote a declaration which was presented in Milan, Italy in October at Terra Madre Giovani – We Feed the Planet and again in Paris at the CoP21 summit in December this year to Ban Ki Moon, the general secretary of the UN.“What I learnt is that as young people we need to be involved in this movement because young people are the future,” Mlenzana said. “We need to be part of the solution when it comes to climate change, food sovereignty and sustainable ways of living.”last_img read more

Lackey trip report: Hoorn Mega – Game Over

first_imgGeocaching HQ staff will attend dozens of Mega and Giga-Events around the world, shaking hands, sharing stories of adventure, and of course, geocaching. Heather M (Heather Feather) is the Community Volunteer Special Programs Manager for Mega and Giga-Events at Geocaching HQ. She recently traveled to the Netherlands to attend the Hoorn Mega-Event. Here’s her trip recap.When planning for any trip, one of the first things I do is check out the weather report. (Heather Feather checks the weather!). For my visit to the Netherlands for the Hoorn Mega, the report was a little concerning: chilly, rainy, with winds up to 64km/h (40mph). It was March in North Holland after all, but those were still dodgy conditions. Luckily, the event details indicated an indoor homebase, but geocachers rarely hide from the elements. With all my favorite weatherproof staples and plenty of lackey tags packed, I prepared for a rugged weekend. Once my plane landed, the first item on my agenda was to meet up with the event host crew. As manager of Mega-Events at HQ, this is something I look forward to the most: meeting the faces behind the emails. After years of communicating with this crew, I was excited to finally meet them in real life. As I entered our meeting spot, my eyes caught a big table of smiling faces and bright red shirts. I knew I was in the right place! The Hoorn Cache Event is led by four core teams: Mar.Co, H.P.M, Team JoWi, and de Goesjes. Their efforts are supported abundantly by dedicated friends and volunteers. As we sat together that evening, I was eager to hear more history about the event, the location, and the team members. They had worked on events together for several years, and this was their 8th and final swan song. With the bittersweet theme of “Game Over,” this final event weekend was to throw one last celebration of their community, to honor their love for geocaching and their years together.  I was treated to a behind-the-scenes tour before the kick-off event started. With just an hour before people were to arrive, the team appeared calm and in great spirits. It was clear that their years of experience helped them hone in on many ways to make the event better and more enjoyable for their guests (and themselves!). For example, they designed their lab cache activities in clever ways that allowed large groups to participate at once and interact with each other. No small feat! Also, the layout of the space and specially designated areas was thoughtful and flowed effectively (as shown later when filled with people). It’s often these small things that can make all the difference when hosting hundreds of people at once in a limited space, and I was impressed by their planning, and trusted that the weather forecast wouldn’t make a big impact on the outcome of this event. During the kick-off event and the “big day” I met so many lovely new people, and caught up with some familiar faces as well. During my conversations, one frequent thing that stuck out to me was that there were so many truly connected cachers. It’s not uncommon for me to hear of the “geocaching widow” scenario – when one partner isn’t as into caching as the other person. With many of the folks I spoke with, it was actually the opposite. One couple said that they often cache together, but sometimes the ladies go off and do their own caching trip, and the men do as well. A family of four shared how they go caching with their twin teenage sons (one loves climbing caches and the other…does not). I loved hearing them share how they all found their own balance, showing that there are many ways to make geocaching your own. These are just a few examples of how people mentioned to me how they have been able to create meaningful connections with each other in unique and personalized ways. Be still my heart! When out caching, I met up with a crew of geobicyclists. I’d been stumped at a gadget cache earlier, and they kindly offered to assist. Back at the cache, they retold great stories of their group’s caching adventures over the years. Their fun stories remind me of the countless ways people are positively impacted by geocaching as a community through fun, zany excursions. That might seem obvious, but at HQ we often miss out hearing about the good times like these. It’s our job to help geocachers, so we often hear about issues and problems that need solving. When all is going well, people are out geocaching instead of telling us about how much fun they are having – and that’s the way it should be! Yet, sometimes I forget how geocaching really impacts people. At the Hoorn Mega, I met people who were eager to share stories of their amazing moments. It reminded me that the game is bigger than guidelines and the technical glitches I usually respond to in emails. It reminded me that geocaching is really about meaningful relationships, shared experiences, and supportive communities. I’ll fondly remember this last Hoorn Mega as a representative of the close-knit communities that can develop through this unique game/hobby/lifestyle. Finally, a big thank you to each of the event hosts for welcoming me into their fold for the weekend. I felt like family, which is more than I ever could have expected. See you on the trails!Share with your Friends:More SharePrint RelatedLackey trip report: GeoWoodstock XVIIJuly 2, 2019In “Community”An inside look into Mega and Giga EventsAugust 27, 2019In “News”Finding friends at Belgium Mega-EventSeptember 17, 2019In “Community”last_img read more

Ministry adds six managers to contingent list

first_imgHockey coach-cum-manager Jude Felix is one the six additions.The sports ministry on Saturday added six managers to the Asian Games contingent after having initially refused to make any more changes to the pruned list. The ministry added 13 names and four replacements to take the final contingent tally to 692. Prominent among those added is hockey coach-cum-manager Jude Felix, whose axing drew a lot of flak.Meanwhile, Leander Paes’s father Vece Paes has pulled out due to prior commitments. His place will now be taken by doctor Anand Kumar.Earlier, the government had cleared only five managers in 28 disciplines and the Indian Olympic Association (IOA) was not happy with the move to cut down on officials.”Having approved a contingent of 679 including 516 athletes, the sports ministry had received representations from the Indian Olympic Association requesting clearance for some more managers since, it pointed out, they had an important role to play during the Games,” stated S.P.S. Tomar, under secretary to the Government of India, in his letter to IOA secretary general Rajeev Mehta on Saturday.Besides Felix, the other managers cleared for the Games are Praveen Jolly (athletics), S.M. Bali (handball), M.V. Sriram (rowing), Balbir Singh Kushwaha (canoeing and kayaking) and V.S. Dahiya (sepak takraw). This is in addition to the five managers cleared earlier by the sports ministry.Hockey was the prime beneficiary of the last-minute addition as physiotherapist Gaurav Mehra and video analyst Amutha Prakash were also given the go-ahead. The coaches who have been added to the list are Ravi Shankar, (recurve archery), Chandra Shekhar Laguri, (compound archery), Ramanand (boxing), and Ravi Prakash Tripathi (wushu).advertisementThe ministry also cleared some replacements among the athletes. In men’s football, Siam Hanghal has replaced injured Alwyn George while Ongnaam Milaan Singh will take the place of the injured Rowllin Borges. In table tennis, Neha Aggarwal has replaced Pooja Sahastrabudhe.last_img read more

a month ago​Gudmunsson close to Burnley return

first_img​Gudmunsson close to Burnley returnby Ansser Sadiqa month agoSend to a friendShare the loveJohann Berg Gudmundsson is getting closer to making his Burnley return.Manager Sean Dyche believes that Gudmundsson should soon be available after recording from a calf problem.He suffered the injury against Wolves at the end of August and has not played since.But Dyche believes that a week of training could be enough for him to play in their next Premier League game.”It’s yes and no with Johann,” Dyche said when asked if the winger was ready to return by reporters.”Yes, physically he’s fit, but no in the sense he’s had three or four weeks with hardly any training time.”So I’ve spoken to him and assured him we believe in what he’s doing, he’s really fit and his eye is in, but he needs a good week’s training, to get back to training every day and making sure his body is right.” About the authorAnsser SadiqShare the loveHave your saylast_img read more

15 days agoINSIDER: PSG president Al-Khelaifi prepared to sell Neymar

first_imgINSIDER: PSG president Al-Khelaifi prepared to sell Neymarby Carlos Volcano15 days agoSend to a friendShare the lovePSG president Nasser Al-Khelaifi is prepared to sell Neymar – but not at a loss.Both Real Madrid and Barcelona tried and failed to sign Neymar over the summer. Indeed, Barca have since confirmed they had two offers for the Brazil captain rejected by PSG.But on the set of El Chiringuito, pundit Francisco Buyo revealed the intentions of Al-Khelaifi regarding Neymar. “Al-Khelaifi wants to recover the investment made for Neymar,” stated Buyo.PSG’s owners paid a world record €222m to Barca for Neymar in 2017. TagsTransfersAbout the authorCarlos VolcanoShare the loveHave your saylast_img

Man gunned down in his car in Welcome area

first_imgNEW DELHI: Criminals gunned down a 35-year-old man on Tuesday night in North east Delhi’s Welcome area. The assailants overtook the victim’s car and fired multiple shots many of which hit the victim. The deceased identified as Imran, a resident of Shahdara area, was an accused in the serious criminal cases including murder, attempt to murder.According to sources, his brother was gunned down in a gangwar in 2011 which hints at a gangwar angle in the murder. However police have ruled out any gangwar connection into the incident. Initial investigation reveals that the incident seems to be a personnel rivalry. Also Read – After eight years, businessman arrested for kidnap & murderThe incident reportedly took place around 12:30 am when Imran was returning home in his car. Two bike-borne assailants overtook his car on his way near a Shiv Mandir at Maujpur’s 100 foota road in Welcome police station area and opened fire on him. The assailants fired many rounds on his car and fled from the spot. Police sources said that he might have left his shop around 8:30 pm. After the incident, a passerby informed the police, who reached the spot and took Imran to a nearby hospital but doctors declared him brought dead, said a police officer. Imran received bullet wounds on his neck and stomach. Also Read – Two brothers held for snatchingsA case of murder has been registered and the investigation is underway, Deputy Commissioner of Police (Northeast) Atul Kumar Thakur said. “No gangwar connection has been found in the preliminary investigation. Police have got important leads into the incident from the CCTV cameras installed in the areas. The investigation officials are trying to collect more CCTV footage of the incident to ascertain the sequence of events and identify those involved in the incident,” said a senior police official.last_img read more


first_img LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement Facebook Production designers Jeff Melvin, Paul Denham Austerberry and Shane Vieau accept Best Production Design for ‘The Shape of Water’ onstage during the 90th Annual Academy Awards at the Dolby Theatre at Hollywood & Highland Center on March 4, 2018 in Hollywood, California. Kevin Winter / Getty Images Twitter Advertisementcenter_img The two are now working on new projects, including a film for Fox Searchlight and a Netflix series.Dale got his start as a producer largely in the TV world, with credits including “RoboCop” and “F/X: The Series.”He then focused largely on films, with other titles including “Pontypool,” “Love Happens,” “The Vow” and 2013’s “Carrie.”Earlier in the night, Toronto’s growth into a film and TV production powerhouse was touted by a trio of Canadians as they won an Oscar for best production design on “The Shape of Water.”Canadians Paul Austerberry, Jeffrey A. Melvin and Shane Vieau shared the trophy for crafting the look of the Cold War-era merman romance.Austerberry is credited for production design while Melvin and Vieau did the set decoration.Speaking to reporters backstage, Vieau noted that Toronto’s screen community had a huge year not only with the leading 13 Oscar nominations for “The Shape of Water,” but also the accolades for TV’s “The Handmaid’s Tale,” which was shot in the city.“Toronto (was) above and beyond with everyone in North America with ’Handmaid’s Tale’ and ’Shape of Water,’ we really came out on top,” Vieau said. “It’s a really big thing.”Melvin said after decades of growth, Toronto’s TV and film industries are truly “world-class.”“I have 35 years in the business now and worked in Toronto almost exclusively, so I’ve worked with and watched the business grow in Toronto and go from children’s television to Academy Award-winning films,” said Melvin, who is based in Toronto.“It started with ’Good Will Hunting,’ ’Chicago,’ now us…. We want to keep it that way and keep going.”As they accepted their trophies onstage, the trio thanked their colleagues back home in Toronto.“Thanks to all the Canadian crew who are partying right now at the Palais Royale in Toronto — this is for you,” said Austerberry, who was born in Toronto and grew up in Sault Ste. Marie, Ont.“Thank you to the academy. Guillermo — may you keep dreaming up your monsters and their wonderful stories so people like us can help shape their worlds.”“Thanks to all the Canadian crew who are partying right now at Palais Royale in Toronto”Paul D. Austerberry thanks his “Shape of Water” team immediately after winning Best Production DesignAusterberry, Shane Vieau and Jeffrey A. Melvin are all Canadian #Oscars— Josh K. Elliott (@joshkelliott) March 5, 2018It was the first Oscar nomination for the trio, who also won in the same category at the recent British Academy Film Awards.Besides del Toro and the film’s cinematographer, most of the crew who worked on the movie was Canadian. “The Shape of Water” stars Sally Hawkins as a mute janitor who falls for a captive and abused amphibian creature, played by Doug Jones.Meanwhile, the winners of the best visual effects award for working on Quebec director Denis Villeneuve’s “Blade Runner 2049” thanked their “friends in Montreal,” saying: “Merci beaucoup, this is for you.”“Thank you to Denis Villeneuve, whose guts are seen in every frame of this film, especially the visual effects,” said John Nelson, who won alongside Gerd Nefzer, Paul Lambert and Richard R. Hoover.Villeneuve also got a shout-out onstage from Roger Deakins as he accepted the Oscar for best cinematography on “Blade Runner 2049.”Oscars host Jimmy Kimmel mentioned another Canadian nominee in the opening — “the magnificent Christopher Plummer” — who got a nod for his supporting role in “All the Money in the World.”Kimmel made a couple of jokes about the 88-year-old Toronto native’s age, including a reference to the hit Broadway play “Hamilton,” about one of the founding fathers of the United States.“How does (’Hamilton’ creator and star) Lin-Manuel Miranda compare to the real Alexander Hamilton?” Kimmel teased Plummer from the stage.Critic’s notebook: @JimmyKimmel’s laundry list #Oscars monologue tackles everything from Weinstein to Trump— Hollywood Reporter (@THR) March 5, 2018 Advertisement Login/Register With: LOS ANGELES — Toronto producer J. Miles Dale has won the best picture Oscar for “The Shape of Water” along with director Guillermo del Toro.Dale and del Toro share the award for producing the merman drama, which was shot in Toronto and Hamilton.This is the first Oscar win for Dale, who also worked with del Toro on the 2013 film “Mama” and the horror drama series “The Strain.”last_img read more