爱上海,上海419论坛,上海龙凤419 – Powered by Brooklynn Wilbert!

Arnie Beckham and Bolt nominated for face of travel

Posted on by

first_imgNominees – World Travel Awards 2010http://www.worldtravelawards.com The World Travel Awards nominees for the ‘Face of Travel 2010’ reads like a who’s who of celebrity stardom.Actors and sports superstars including Arnold Schwarzenegger, David Beckham, Usain Bolt, Kevin Costner and Rafael Nadal make up a few of the favourites toted to win the prestigious award this year.Recognised globally and labelled as the “Oscars of the Travel Industry” by the Wall Street Journal, the World Travel Awards is the paramount showcase for travel accolades. The ‘Face of Travel’ is a new award acknowledging substantial celebrity contributions to the travel and tourism industry throughout the year.Nominees such as Rafael Nadal and Usain Bolt have been considered for their efforts in boosting tourism within their respective home countries, the Balearic Islands and Jamaica.Iron Maiden’s lead vocalist, Bruce Dickinson is among those considered for the illustrious award due to his accomplishments as Marketing Manager for Astraeus Airlines.Other awards up for grabs include; Excellence in Service, Leading Airline, Leading Beach Resort and Leading Heritage Hotel to name a few.Australia’s Palazzo Versace Hotel on Queensland’s Gold Coast gets a nod for ‘World’s Leading Hotel’, in close competition with other regional winners, worldwide.The World Travel Awards will be held at London’s Grosvenor House Hotel on Sunday 7 November. Source = e-Travel Blackboard: P.Tlast_img read more

Tagged: , , , , , , , , , , , .

Two Passionate Tourism Workers Rewarded in Port Stephens Awards

Posted on by

first_imgJanene Rees (left) and Kelly Elphick (right) Two hard-working and passionate tourism industry workers who went beyond their duty to develop tourism in Port Stephens have received special recognition as part of Port Stephens Tourism’s annual Christmas awards.Both award winners  – Janene Rees and Kelly Elphick – work with dolphin and whale cruise operator, Moonshadow Cruises, which last month received the Gold Award for the best tour operator as part of the NSW Tourism Awards.  Janene Rees won the Robyn Shaw Personal Contribution to Tourism accolade, which is awarded by Port Stephens Tourism every year to a passionate individual who has made a major contribution to the local tourism industry. The award is made in memory of Robyn Shaw, a former local tourism board member who worked tenaciously to build the appeal of Port Stephens.Announcing the award, Port Stephens Tourism Marketing Manager, Tars Bylhouwer, said Janene Rees, as Sales and Business Development Manager for Moonshadow Cruises, deserved recognition for her willingness to go beyond her role to promote tourism in the region. “Janene has participated in many community activities over the years and has attended networking functions arranged by the local tourism organisations and also sits on a number of boards and committees. Janene also spends time working with tourism operators to package products and capitalise on the many opportunities she has created through  media visits, agent familiarisations and visits by international travel companies,” Mr Bylhouwer said.Rebecca Lavis from the Shoal Bay Resort and Spa was also nominated for the award for her voluntary work in pursuing MICE (Meetings, Incentives, Conventions and Exhibitions) business for Port Stephens.Mr Bylhouwer also announced Kelly Elphick – a cruise director with Moonshadow Cruises, had won Port Stephens Tourism’s annual Tony Burrell Enthusiasm Scholarship Award for individuals who display extraordinary passion and enthusiasm for their work. The award, which carries a $1000 prize, is in memory of Tony Burrell who oversaw the debut of quad bikes on the Port Stephens sand dunes in the 1990s.“Kelly’s professional manner in greeting guests aboard Moonshadow’s vessels is quite simply delightful and she always displays a welcoming smile. Her enthusiasm for the product is a credit to her and her employer. Kelly is a passionate and honourable ambassador for Moonshadow Cruises and also for the broader Port Stephens region,” Mr Bylhouwer said. Leonie Stevens from the Soldiers Point Holiday Park was also nominated for this award for the work she has invested in developing the holiday park. Source = Port Stephens Tourismlast_img read more

Tagged: , , , , , , , , , , , .

TTM 2013 street food and awards

Posted on by

first_imgThe Thailand Travel Mart 2013 Plus (TTM+2013) is officially underway, with a street food themed welcome reception and special awards ceremony to take place.TTM+ 2013 will host 413 registered buyers from international destinations such as India, Australia, South Korea, USA, New Zealand, Italy, Israel, the UK and more.395 suppliers have been invited to cover a range of markets including weddings and honeymoon, hotels and resorts, golf, eco-tourism, tour operators, entertainment, health and wellness and provincial tourism.During the welcome reception at Bangkok’s IMPACT Exhibition Centre Hall on 5 June, an awards presentation will be held for the 2013 ‘Friends of Thailand’.This ceremony, normally undertaken as part of the Thailand Tourism Awards, will be held for the first time at TTM+ 2013, given that the travel trade event comprises buyers, sellers, operators, organisations, agents and media who contribute and support Thailand’s tourism industry.ETB News is in Bangkok for TTM+ 2013 between 4-7 June, hosted by TAT.Source = e-Travel Blackboard: P.T. Thailand’s largest travel and tourism event is officially open.last_img read more

Tagged: , , , , , , , , , , , .

Emirates announce service to Multan

Posted on by

first_imgEmirates, a global connector of people, places and economies, today announced its plans to launch services to Multan, Pakistan, beginning 1st August, 2015.Service to Multan, Pakistan’s 5th largest city by population, will commence with four weekly flights operated by a Boeing 777-300 in a two-class configuration – 54 seats in Business Class and 310 in Economy Class. The aircraft can carry up to 23 tonnes of cargo, opening up many more trade opportunities in the region.Multan is one of the world’s oldest cities with a rich history as a cultural and trade hub. Located on the banks of the Chenab River in the Punjab province of Pakistan, Multan is famous for agricultural products such as wheat, cotton, sugar cane, mangoes, citrus, guavas, and pomegranates.Multan is also a commercial and industrial centre, well connected with other industrial hubs such as Lahore, Karachi, Gujranwala, Quetta and Faisalabad. The major industries in Multan include fertilizer, cosmetics, glass manufacturing, cotton production and processing, large textile units, flour mills, sugar, and oil mills. Exports from the region include traditional Multani shoes, embroidery on dresses for women and men, furniture, wooden products, pottery, camel-skin ware, surgical instruments and carpets.“As we approach our 30 year anniversary of services to Pakistan, we’re reminded of the strong ties we have with the country”, said Ahmed Khoory, Senior Vice President Commercial Operations West Asia and Indian Ocean. “The additional services to Karachi and the introduction of Multan to our network will position Pakistan as Emirates’ fourth most highly served country worldwide with 80 return flights a week operating between Dubai and Pakistan. Furthermore, not only will Emirates be the first airline to offer wide-body premium cabin service to Multan, this new route will help boost global trade and economic opportunities in the region and provide additional travel options to Pakistanis wanting to connect with friends, families, and colleagues throughout our network of over 140 destinations worldwide.”Source = Emirateslast_img read more

Tagged: , , , , , , , , , , , .

Vancouver Aquarium wins 2015 Travelers Choice Award

Posted on by

first_imgVancouver Aquarium wins 2015 Traveler’s Choice AwardSuggested Tweet: Vancouver Aquarium adds sea monsters to its family!@VanAqua #ExploreCanadaFor the second year in a row, the Vancouver Aquarium Marine Science Centre has won TripAdvisor’s 2015 Travelers’ Choice Award, earning the title of one of the world’s best aquariums by the travel website’s reviewers.The Vancouver Aquarium is home to more than 50,000 animals and is known for its world-class animal care, rescue and rehabilitation efforts, and education programs. More than 35 million people have visited the Aquarium since it opened in beautiful Stanley Park in 1956.Over a decade ago, the Vancouver Aquarium turned its focus to Canada’s Arctic as an area in need of protection. Today, more than 1500 staff and volunteers work tirelessly to make an impact on aquatic conservation, with many species at the aquarium under threat or endangered in the wild, such as the friendly, beguiling beluga whale, found in Churchill, Manitoba.Visitors can attend daily beluga whale, dolphin and sea otter shows and even sign up for an unforgettable hands-on Animal Encounter, followed by the Aquarium’s 4D theatre show and the recently opened Amazon gallery, showcasing a true-to-life recreation of a South American rainforest.For the ultimate oceanic adventure, sleep over at the Aquarium for an exciting night of exploration. Enjoy behind-the-scenes tours and bed down in front of one of the spectacular marine galleries.Until September 7 2015, visitors can experience the Sea Monsters Revealed exhibition. Get to know the most intriguing aquatic creatures ever discovered, including a goliath grouper, a five-metre long mako shark, a predatory Humboldt squid and a metre-long ocean sunfish, the heaviest bony fish in the world.This groundbreaking exhibition uses the revolutionary preservation technique, called plastination, to reveal dissected bodies of these fascinating creatures from the deep sea.Located in Stanley Park, the Vancouver Aquarium is open to visitors from around the world 365 days a year.www.HelloBC.com.auwww.keepexploring.caSource = Vancouver Aquariumlast_img read more

Tagged: , , , , , , , , , , , .

Travel Counsellors travel from all over the countryside

Posted on by

first_imgTravel Counsellors travel from all over the countrysideTravel Counsellors travel from all over the countrysideLast week, the Travel Counsellors Head Office team hit the road to host State Conferences in cities across Australia including Melbourne, Brisbane, Sydney and Perth.ENGAGE was the theme for the week with a focus on engagement with customers, partners, Head Office colleagues and fellow Travel Counsellor’s. The Australian management team delivered fresh, relevant and thought-provoking content to inspire agents to take their businesses to the next level. Presentations held throughout the day focussed on a business update, content marketing, individual business reviews, corporate travel updates and new partner and product updates.Some of our partners in travel joined at each conference to provide product updates as well as their expertise and advice, further cementing the valued partner relationships and adding even more value to the day.Managing Director Fred Van Eijk commented “these State Conferences are the perfect opportunity to really connect with our colleagues from around the country. It was a really successful week for all, meeting with over 80 Travel Counsellors in 4 different cities, over 3 different time zones”. Travel Counsellor Candy Penesis said “The conference was really fantastic and not only did we get to catch up with our colleagues but we got the opportunity to be amongst some great suppliers and hear about the upcoming enhancements to our business as a whole. It was exactly what I need to hear and I really look forward to growing my business in 2018”, while Travel Counsellor Samantha Riddell found it “very empowering!”.To find out more about Travel Counsellors, visit http://recruitment.travelcounsellors.com.auSource = Travel Counsellorslast_img read more

Tagged: , , , , , , , , , , , .

House Lawmakers Launch DoddFrank Burden Tracker

Posted on by

first_img in Government, Origination, Servicing, Technology House Lawmakers Launch Dodd-Frank Burden Tracker April 20, 2012 451 Views Agents & Brokers Consumer Financial Protection Bureau Dodd-Frank House Financial Services Committee Lenders & Servicers Processing Regulation Service Providers 2012-04-20 Ryan Schuettecenter_img Lawmakers seated on the “”House Financial Services Committee””:http://financialservices.house.gov/ recently unveiled a new online resource for members of the public to track “”burdens”” created by the Dodd-Frank Act.[IMAGE]The so-called “”Dodd-Frank Burden Tracker””:http://financialservices.house.gov/UploadedFiles/Dodd-Frank_PRA_Spreadsheet_4-16-2012_banner.pdf includes a spreadsheet with rules by agency, page length, date of proposal, and more.The committee ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô comprised by conservative Republicans ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô billed the tracker as a means to transparency for some 185 [COLUMN_BREAK]of 400 rules, which currently take up more than 5,000 pages, according to information from a statement.Lawmakers laid claim to estimates that Dodd-Frank will obligate private-sector businesses to spend close to 25 million hours every year to comply with the first 185 rules.””This online resource will help the public better understand how the cumulative weight of these new rules ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô layered upon existing outdated, unnecessary and duplicative red tape ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô hurts small businesses and financial institutions,”” committee chairman Rep. “”Spencer Bachus””:http://bachus.house.gov/ (R-Alabama) said in a statement.””While the promised benefits of Dodd-Frank are still illusory, the costs are beginning to become crystal clear,”” Rep. “”Randy Neugebauer””:http://randy.house.gov/ (R-Texas) added.With a sweep by Tea Party-affiliated conservatives in 2010, the House Financial Services Committee remains on the offensive when it comes to much of Dodd-Frank.On Wednesday the committee cleared a bill for House vote that would repeal bailout fund requirements under Dodd-Frank and tether the “”Consumer Financial Protection Bureau””:http://www.consumerfinance.gov/ to congressional appropriations. Sharelast_img read more

Tagged: , , , , , , , , , .

Federal Regulators Finalize Bank StressTesting Rule

Posted on by

first_img Share May 14, 2012 430 Views in Government, Origination, Servicing Agents & Brokers Attorneys & Title Companies Bailouts Bank Failure Basel Accords FDIC Federal Reserve Lenders & Servicers OCC Processing Service Providers 2012-05-14 Ryan Schuettecenter_img Federal Regulators Finalize Bank Stress-Testing Rule Three federal regulatory agencies finalized stress-testing guidance Monday for financial institutions with total assets worth more than $10 billion.[IMAGE]The “”Federal Reserve””:http://www.federalreserve.gov/, “”FDIC””:http://www.fdic.gov/, and “”Office of the Comptroller of the Currency””:http://www.occ.treas.gov/ (OCC) released the guidance after receiving 17 comment letters from banks, financial advisory firms, and trade groups.[COLUMN_BREAK]The agencies stressed the importance of capital and liquidity, saying that systemically important financial institutions should apply stress tests to these areas on a regular basis.The new rule calls for banks to implement four rules. These include a stress-testing framework that should “”sufficiently capture the banking organization’s exposures, activities, and risks,”” plus multiple “”conceptually sound”” stress-testing activities and approaches. A fifth principle under the rule calls for banks to “”underscore the importance of governance and controls as a key element in a banking organization’s stress testing framework.””The three noted that the guidance also does not implement stress-testing provisions under the Dodd-Frank Act or the capital plan rule.Stress tests came into fruition after the financial crisis. Regulators devised the Basel III Accords to mandate stress tests for the world’s Global Systemically Important Financial Institutions, or G-SIFIs, which include 18 U.S. bank holding companies.last_img read more

Tagged: , , , , , , , , , .

MountainView Unloads 487M in Fannie Mae MSRs

Posted on by

first_img Share in Data, Origination, Secondary Market, Servicing “”MountainView Servicing Group””:http://www.mvch.com/ announced Monday that it completed the sale of three bulk packages of mortgage servicing rights for “”Fannie Mae””:http://www.fanniemae.com/portal/index.html loans.[IMAGE]The Denver-based subsidiary of MountainView Capital Holdings completed the sale on July 31. All packages were sold without bifurcation of seller and servicer representations and warranties.The three packages had a combined unpaid principal balance of $487 million and contained mostly conventional fixed-rate product secured by properties located across the country. Additionally, most were newer origination, with the average age being under three months.””Several mortgage banks are selling recently originated mortgage servicing rights at levels above AOT pricing and at or near net Fannie Mae bifurcated co-issue pricing,”” said “”Matt Maurer””:http://www.linkedin.com/pub/dir/Matthew/Maurer, managing director at MountainView Servicing. “”By selling on a non-bifurcated basis, the sellers are able to reduce the size of their Fannie Mae sold portfolio, which in turn allows them to deliver more loans to Fannie Mae.””””Our sellers have been able to better their all-in loan execution, better their turn times and become less reliant on the large aggregators,”” said managing director Robert Wellerstein. “”And our buyer is still looking for another partner or two who will sell packages of Fannie Mae or Freddie Mac MSRs on a monthly, bi-monthly or quarterly bulk basis.”” In the first seven months of the year, MountainView has advised on 24 mortgage servicing rights transactions involving packages with approximately $47.5 billion total in unpaid principal balance. The company is scheduled to complete two similar servicing deals on August 31 for a combined unpaid principal balance of approximately $750 million.MountainView Servicing Group advises independent mortgage companies, commercial banks, thrifts, credit unions, and special servicers on the trading, valuation, and overall management of their residential mortgage servicing rights. Agents & Brokers Company News Fannie Mae Fixed-Rate Mortgage Lenders & Servicers Mortgage Servicing Rights Processing Service Providers 2012-08-06 Tory Barringercenter_img MountainView Unloads $487M in Fannie Mae MSRs August 6, 2012 458 Views last_img read more

Tagged: , , , , , , , , , .

MBA Slow Growth Still Expected Despite Positive Signs

Posted on by

first_img January 21, 2013 434 Views Agents & Brokers Attorneys & Title Companies Federal Reserve GDP Investors Lenders & Servicers Mortgage Bankers Association Refinance Service Providers 2013-01-21 Tory Barringer in Data, Origination Sharecenter_img MBA: Slow Growth Still Expected Despite Positive Signs Washington may have (arguably) successfully avoided 2013’s budgetary landmines so far, but the “”Mortgage Bankers Association””:http://www.mbaa.org/default.htm (MBA) reports everything it has seen so far suggests economic growth will be modest in 2013.[IMAGE]In its most recent “”Economic and Mortgage Finance Commentary””:http://www.mortgagebankers.org/files/Bulletin/InternalResource/83150_.pdf, the association forecasts slow economic gains in the first half of 2013 “”as the effects of the payroll tax increase and the spending cuts from sequestration or a similar decline in government spending kicks in.”” As a result, the MBA projects a 0.9 percent increase in real GDP in the fourth quarter of 2012, resulting in a 1.8 percent average quarterly growth for the year. GDP growth is expected to accelerate–albeit modestly–throughout 2013 and 2014, reaching quarterly averages of 2.0 percent and 2.5 percent, respectively.Meanwhile, residential investment is expected to stall after reaching an anticipated annualized growth rate of 20.6 percent in Q4 2012. According to the MBA’s predictions, residential investment growth will nearly halve in the first half of 2013 (dropping to an annualized rate of 10.6 percent in the first quarter and 7.9 percent in the second) before slowly climbing back up (until the last quarter of 2014, when it is expected to drop to 8.0 percent).In the mortgage arena, expectations for long-term interest rates have been shifted up to reflect “”minutes””:http://www.federalreserve.gov/monetarypolicy/fomcminutes20121212.htm from the “”Federal Open Market Committee’s””:http://www.federalreserve.gov/monetarypolicy/fomc.htm (FOMC) December meeting, which revealed most members favor reducing the “”Federal Reserve’s””:http://www.federalreserve.gov/ asset purchasing programs by the end or even the middle of 2013.Housing is also looking positive at the moment, “”with home sales continuing on an upward trend, purchase applications showing small but steady year over year growth, and refinance activity starting to rebound after a holiday-driven dip.”” Most encouraging was the increase in starts: Single-family starts saw an increase of 23 percent throughout 2012, while multifamily starts rose 38 percent–a trend that “”is likely to continue into 2013 as housing permits also continued on a healthy upward trajectory.””The MBA’s forecast for originations was mostly unchanged from its previous expectations. The group estimates mortgage originations totaled $1.7 trillion in 2012 and will decline to $1.4 trillion in 2013 as rates rise and refinances lose steam.last_img read more

Tagged: , , , , , , , , , .

Appeals Court Affirms MERS Authority to Assign Mortgages

Posted on by

first_img February 22, 2013 414 Views Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Processing Service Providers 2013-02-22 Tory Barringer Appeals Court Affirms MERS’ Authority to Assign Mortgages A three-judge panel of the U.S. Court of Appeals for the Ninth Circuit has affirmed, without hearing, an order dismissing claims against “”Mortgage Electronic Registration Systems, Inc.””:http://www.mersinc.org/ (MERS), according to a release from MERSCORP Holdings.[IMAGE]The appellate ruling affirmed a decision issued by District Judge David Alan Ezra of the District Court for Hawaii. The complaint against MERS was dismissed with prejudice.[COLUMN_BREAK]According to the release, the plaintiff’s second amended complaint against MERS contained four allegations related to its assignment of a mortgage to a foreclosing lender. The ruling found that MERS, as nominee for the lender and the lender’s successors and assigns, had authority to assign the mortgage to a third party.””[T]he Court has grave doubts about the validity of the factual predicate underlying most, if not all, of Plaintiffs’ claims,”” Judge Ezra wrote. He also held that “”the Ninth Circuit concluded that MERS was a legitimate organization and that the mortgage which plaintiffs signed put them on notice of the role MERS was to play in their home loans.””””Judge Ezra could have simply dismissed these allegations when noting that the plaintiffs were not a party to the Assignment and, therefore, could not challenge its validity, but he further analyzed the merits–or lack thereof–of the complaint,”” said Jason Lobo, MERSCORP Holdings’ director for corporate communications. “”We are pleased that Judge Ezra found no merit to these charges and that the appellate panel agreed with his methodical rejection of these frequently used and always failing legal arguments.””center_img in Data, Government, Origination, Secondary Market, Servicing Sharelast_img read more

Tagged: , , , , , , , , , .

Recovery Chugs Along in DallasFort Worth Despite Setbacks

Posted on by

first_img July 16, 2013 502 Views Share Recovery Chugs Along in Dallas-Fort Worth Despite Setbacks in Data, Government, Origination, Secondary Market, Servicingcenter_img The new home market in the Dallas-Fort Worth (DFW) Metroplex continued to see rapid growth in the second quarter, according to a report from “”Metrostudy””:http://www.metrostudy.com/, a “”Hanley Wood””:http://www.hanleywood.com/ company.[IMAGE]””Homebuilders continued to report strong year-over-year gains in net sales during the quarter. Builders responded by starting more new homes during the second quarter than any time during the last five years,”” said David Brown, regional director of Metrostudy’s DFW office. New home starts surged 32 percent over the quarter, rising the most among houses priced above $300,000. According to Brown, homebuilders are expected to start 22,000 homes in DFW this year.While starts were up, finished new home inventory was down 20 percent during Q2. As of the end of the quarter, finished vacant inventory was down to a 20-year low, representing only a 1.7 month supply–well below the two-month supply considered to be equilibrium.With demand remaining strong and inventory down, Metrostudy reports some communities in the Metroplex have seen prices rise 10 to 20 percent or more during the first half of 2013. At the same time, however, higher interest rates are expected to slow the rate of price gains in coming quarters.””Buyer’s purchasing power has weakened somewhat in the past two months and will further erode if mortgage rates continue to rise,”” Brown said.Metrostudy also noted that new lot deliveries remained well below the starts pace during the second quarter, causing the lot supply to fall. While total lot inventory represents a 29-month supply, the most active subdivisions (which account for 75 percent of new home demand) have a restricted 15-month supply (equilibrium is considered to be in the 20- to 24-month range). Agents & Brokers Attorneys & Title Companies Home Prices Housing Starts Investors Lenders & Servicers Processing Service Providers 2013-07-16 Tory Barringerlast_img read more

Tagged: , , , , , , , , , .

Freddie Mac Cuts Taxpayers Exposure to Risk with Insurance Purchase

Posted on by

first_img Share Freddie,Freddie Mac Cuts Taxpayers’ Exposure to Risk with Insurance Purchase In an effort to mitigate potential losses incurred by a questionable pool of single-family loans, “”Freddie Mac””:http://www.freddiemac.com announced Tuesday that it has obtained an insurance policy underwritten by “”Arch Reinsurance Ltd””:http://www.archreinsurance.bm/default.shtml. The policy will cover up to $77.4 million of credit losses for a portion of the credit risk associated with a pool of single-family loans funded in the third quarter of 2012, and is in line with the GSE’s goal of sharing credit risk with the private market. [IMAGE]This new insurance coverage is intended to attract new sources of private capital from non-mortgage guaranty insurers and reinsurers interested in assuming a portion of the credit risk on specified portions of Freddie Mac’s high-quality single-family mortgage loan portfolio.[COLUMN_BREAK]””This is part of our business strategy to expand risk-sharing with private firms, thus reducing taxpayers’ exposure to losses from mortgage foreclosures,”” said David Lowman, EVP of single-family business for Freddie Mac. “”We have brought to the market new sources of capital for transferring mortgage credit risk away from taxpayers. We’ve tapped into the global insurance community’s appetite for U.S. mortgage credit exposure, and would like to do more of these policies in the future.””This year Freddie Mac introduced new risk sharing initiatives with two STACR debt offerings and credit insurance. STACR debt notes were among the largest credit security offerings in the market.The credit risk initiatives support the “”Federal Housing Finance Agency’s””:http://www.fhfa.gov (FHFA) goals for the GSEs to demonstrate the viability of multiple types of risk transfer transactions involving single-family mortgages.””The completion of this deal is unique in that it is with a diversified non-mortgage insurer and it demonstrates yet another approach to risk sharing with investors,”” said Edward DeMarco, acting director of FHFA. “”The transaction supports FHFA’s 2013 conservatorship scorecard and FHFA’s strategic plan for the enterprise conservatorships, reducing Freddie Mac’s market footprint and ultimately protecting taxpayers.”” in Secondary Marketcenter_img November 13, 2013 432 Views Agents & Brokers Attorneys & Title Companies Edward DeMarco FHFA Freddie Mac Investors Lenders & Servicers Mortgage-Backed Securities Service Providers 2013-11-13 Ashley Harrislast_img read more

Tagged: , , , , , , , , , .

More Boomers Refinancing Taking Out Student Loans

Posted on by

first_img Baby Boomers HOUSING Millennials mortgage Student Loan Debt 2017-05-30 Aly J. Yale Share Student loan debt isn’t just making it harder for millennials to own a home. According to data from Ameritech Financial, it’s also impacting the Boomer generation.New analysis from Ameritech, based on data from the New York Federal Reserve, shows that student loan debt has increased eight times for people aged 60 or older—all between 2005 and 2015 alone. Student debt increased five times for people between 50 and 59 and two times for those under the age of 30.According to Tom Knickerbocker, EVP of Ameritech Financial, these rising debts aren’t just making it harder for Baby Boomers to own a home; they’re also making it more difficult to save for retirement—a milestone just around the corner for many.”It’s alarming to see the amount of people preparing for retirement who have student loan debt increase like that,” Knickerbocker said. “Student loan repayment can be burdensome for anyone, but potentially more so for those in their 50s or 60s who are facing retirement and the financial challenges that can come from that.”While some Boomers acquire this increased debt by taking out loans to return to school, many also secure loans in their children’s or grandchildren’s stead to help them pay for college.“Parents helping their kids through college by taking on student loan debt are in uniquely vulnerable positions,” Ameritech reported. “Not only do they not see a return on the investment, but the potentially outrageous monthly payments can prevent them from staying afloat, especially when something bad happens.”Some parents even refinance their homes to assist their kids with college costs.“It’s hard to tell how much parents are borrowing in these cases,” Ameritech reported. “Many choose to mortgage their home instead of taking out student loans—a move that is smart but hard to track. Whether the debt is in the form of student loans or another mortgage, it is bad for retirement savings. Any money going into education costs is money taken away from retirement.”Boomers aged 60 to 64 are also more likely to be in default on those student loans. According to Ameritech, 12.6 percent in this age range are in default—a default rate higher than that of all borrowers under 40.“We’ve seen lots of reports come out about student loan debt influencing other financial decisions, whether that’s buying a home, starting a family or now retiring,” Knickerbocker said. May 30, 2017 683 Views center_img in Daily Dose, Data, Headlines, Market Studies More Boomers Refinancing, Taking Out Student Loanslast_img read more

Tagged: , , , , , , , , , .

Prices are Up But So is Affordability

Posted on by

first_img First American Home Prices HOUSING Housing Prices mortgage 2017-06-27 Aly J. Yale in Daily Dose, Data, Headlines, Market Studies June 27, 2017 613 Views While home prices may be up, taking into account income, interest rates, and other factors, U.S. housing is actually becoming more affordable, according to the Real House Price Index released by First American today. The Index showed the biggest month-over-month decline since July 2016.The Real House Price Index, which measures home price changes adjusted for income, interest rates, and “house-buying power,” is intended to measure affordability at the national, state, and metro level. Today’s Index showed a 1.6 percent decrease in real home prices between March and April—the first time in eight months the Index has dipped. Subsequently, house-buying power increased, jumping 0.4 percent for the month.Real house prices are currently 33.6 percent lower than their peak, reached in July 2006 during the housing boom.According to Mark Fleming, Chief Economist at First American, the decrease is a result of rising wages, which increased 0.3 percent for the month.“Despite the monetary tightening policies of the Federal Reserve, a dip in the average rate for a 30-year, fixed-rate mortgage, and wage gains increased consumer house-buying power sufficiently to offset the gain in unadjusted house prices,” Fleming said. “The decline in real, purchasing-power adjusted house prices between March and April was the largest month-over-month decline since July 2016.”Still, it’s not all good news, Fleming said.“While this is welcome news for homebuyers, the number of homes listed for sale is not meeting consumer demand and markets are getting tighter,” he said. “As a result, affordability declined 11 percent on a year-over-year basis. That’s a bigger drop in affordability than the 5.7 percent caused by unadjusted house-price appreciation alone and reflects the impact of rising interest rates and tightening supply.”Year-over-year, real house prices are up by 11 percent, while house-buying power fell 4.5 percent. Unadjusted, home prices rose 5.7 percent from April 2016 to April 2017. They’re currently 2.6 percent higher than the peak, reached in 2007.According to Fleming, unadjusted prices will likely continue their rise—particularly as existing homeowners avoid putting their homes on the market.“Global uncertainty brought down the yield on the 10-year Treasury bill between March and April, which countered the Federal Reserve’s domestic monetary policy,” Fleming said. “The beneficial impact on consumer house-buying power brought widespread relief to the housing market, as all but two of the markets we track experienced an improvement in affordability over the same period. However, the prisoner’s dilemma that prevents existing homeowners from selling will continue to drive up unadjusted house prices and reduce affordability.”Broken down by state, Vermont, New York, Wisconsin, Michigan, and Alabama experienced the biggest year-over-year jump in real house prices. Wyoming, Massachusetts, Oklahoma, Montana, and Tennessee had the smallest increases.center_img Share Prices are Up, But So is Affordabilitylast_img read more

Tagged: , , , , , , , , , .

How Does Your City Stack Up

Posted on by

first_imgHow Does Your City Stack Up? April 3, 2018 515 Views in Daily Dose, Data, Featured, News For those who’ve ever mulled moving to another city but were unsure if they could foot the bill for a new view, Wahrheit Ventures has a way to do the math. The company’s recently rolled-out mobile app, City vs City, crunches cost-of-living numbers by comparing gross incomes needed to afford the same standard in 253 different U.S. cities. First, the process: The Wahrheit research team established a subject city and ZIP code and plugged in realistic spending habits for that location. After tackling that task, they tweaked the after-tax spending and savings until the gross income amounted to $100,000. They set the baseline for a married couple living in a two-bedroom house within the 33rd most costly ZIP as determined by median home price in the metro Denver area.So which cities have the highest cost of living?Manhattan tops the list, with a gross income of $303,600 needed to enjoy the same lifestyle that $100,000 would net in Denver. Coming in at No. 2 is San Francisco where you’d need $209,000 in after-tax income to live a similar lifestyle as Denver. Rounding out the top 10 rankers: Silicon Valley, $181,900; Brooklyn, $173,000; the Coastal area of Los Angeles, $168,100; Boston, $155,800; California’s East Bay, $149,300; Honolulu, $147,900; Nassau County (New York), $147,000; and Central Los Angeles, $143,400. As for the next batch of cities requiring the most cha-ching, cha-ching: Washington, D.C. comes in at No. 11 with $141,400 gross income needed, followed by Westchester (New York City), $138,800, Monterey Bay (California), $137,700; Boston’s West Suburbs, $133,400; California’s Wine Country, $131,300; Long Island (New York), $130,400; Seattle, $128,700; Orange County South (California), $127,800; Central San Diego, $127,600; and Carlsbad-Temecula (California), $127,300.If you think you’re noticing a trend here, you’re correct. The top 20 cost-of-living cities hail from just five places: California, New York, Massachusetts, Hawaii, and Washington, D.C.Click here for the full list of the 253 U.S. cities ranked by cost of living.center_img Share City Cost of Living homes House Income lifestyle relocate Spending Spending habits 2018-04-03 Alison Richlast_img read more

Tagged: , , , , , , , , , .

Their knowledge and experience will strengthen ou

Posted on by

first_img“Their knowledge and experience will strengthen our capability to deliver the very best in new varieties, plants, services and technical advancements to the growers throughout greater Europe,” says Verges.“The Driessen family and their professional team, along with ours, are committed to a successful transition. All of us at Fall Creek are extremely proud to have the Driessens and the Driesvenplant team’s support and personal involvement as the business, built by the Driessens, continues to grow and flourish under the Fall Creek family of companies.”Driesvenplant was founded by Jeu and Door Driessen in 1980 as a farming operation focused on cherries and mushrooms. In 1982, the company expanded with its first blueberry planting and that set the company on a new course that shifted its focus to blueberries.In the early 1990s, sons Marcel and Leon Driessen joined the company and the blueberry business expanded to include expansive nursery operations. Driesvenplant has been a long-time Northern European licensee of blueberry varieties from Fall Creek.Fall Creek was founded 40 years ago by Dave and Barbara Brazelton in Lowell, Oregon. In 2008, their children joined the company and now serve in leadership roles: son Cort Brazelton is director of international business development; daughter Amelie Brazelton Aust is strategic advisor; and son-in-law Boris Aust is chief financial officer.Today, Fall Creek is an international blueberry breeding and nursery company with nursery operations and research and development centers in the U.S., Mexico, Peru, Spain and now The Netherlands. Fall Creek breeds and delivers blueberry varieties, nursery stock and grower support to commercial fruit growers throughout the world.www.freshfruitportal.com Peru expects 20% uptick in produce exports this ye … June 14 , 2018 U.S.-based Fall Creek Farm & Nursery today announced it has purchased Netherlands-based Driesvenplant, aligning two of the world’s leading blueberry companies. The two organizations are family-owned, long-time friends and industry allies, according to a release. Driesvenplant’s employees will join the Fall Creek team effective immediately.According to Fall Creek chief operations officer Oscar Verges, Leon Driessen will serve as northern Europe operations manager and Marcel Driessen as technical advisor.Driesvenplant’s employees Ronnie Kersten and Bas Heijnen will join Fall Creek’s European sales and customer service team.“What started out as Fall Creek selling plants to Driesvenplant years ago has evolved into a lasting friendship and a collaboration between our companies to serve Northern and Eastern Europe’s commercial blueberry industry with Fall Creek’s genetics and plants grown by Driesvenplant,” Fall Creek president and founder Dave Brazelton said.”This enduring relationship has led to Driesvenplant joining Fall Creek.”Verges said Fall Creek was “humbled and inspired” by the opportunity to join forces with Driesvenplant. Argentina to send increased blueberry volumes in s … center_img Blueberries in Charts: Higher prices are coming … Blueberry uptick drives Camposol’s strong performa … You might also be interested inlast_img read more

Tagged: , , , , , , , , , .

Qantas has confirmed it will operate nonstop flig

Posted on by

first_imgQantas has confirmed it will operate non-stop flights from Perth to London using the 787-9 Dreamliner, with the 14,498 kilometre service slated to begin in March 2018.Qantas Group CEO Alan Joyce said the history-making route would be a watershed for travel, tourism and trade.“When Qantas created the Kangaroo Route to London in 1947, it took four days and nine stops. Now it will take just 17 hours from Perth non-stop.“This is a game-changing route flown by a game-changing aircraft. Australians have never had a direct link to Europe before, so the opportunities this opens up are huge.“It’s great news for travellers because it will make it easier to get to London. It’s great news for Western Australia because it will bring jobs and tourism. And it’s great news for the nation, because it will bring us closer to one of our biggest trade partners and sources of visitors.”Joyce said passenger comfort on the long flight was a key consideration.“That’s why we have features in our Economy seats that other airlines reserve for Premium Economy. Our Business Suite has been nicknamed ‘mini First class’ by many of our frequent flyers. And we’re redesigning our on-board service to help reduce jetlag,” he added.Joyce said the direct route is expected to appeal to travellers on the East Coast as well as West Australians, helping to deliver a tourism boost.“A direct flight makes travelling to Australia a much more attractive proposition to millions of people. We expect many travellers from Europe will start their time in Australia with a visit to Perth before going on to see other parts of the country.“Our modelling shows that people from the East Coast as well as South Australia would fly domestically to Perth to connect to our non-stop London service. Some will take the opportunity to break their journey, whether it’s for business meetings in Perth, to holiday or to visit family.”The new flight will operate through Qantas’ existing domestic terminals (T3/4), which will be upgraded to accommodate international flights. The airline’s current international services from Perth (to Singapore and to Auckland) will also move to this terminal, helping to simplify the journey for thousands of people every year.Qantas will move its operations to an expanded Terminal 1 at Perth Airport by 2025, pending a commercial agreement.Seats on the Perth-London flights will go on sale in April 2017 for the first services in March 2018. The Boeing 787-9 Dreamliners used on the route will carry 236 passengers across Business, Premium Economy and Economy cabins.Fast facts – Perth to LondonThe 14,498km flight will take approximately 17 hours (slightly more or less depending on winds).When it launches, is expected to be the third-longest passenger flight in the world.Longest flight on the Qantas network, followed by the non-stop A380 Sydney-Dallas service (13,730km).Will be the longest Boeing Dreamliner flight in the world. Dreamlinerqantaslast_img read more

Tagged: , , , , , , , , , .

Holiday Inn ExpressIHGindia

Posted on by

first_imgHoliday Inn ExpressIHGindia InterContinental Hotels Group (IHG) has partnered with SAMHI to rebrand approximately 2000 rooms (operating and under construction) within its India hotel portfolio, to Holiday Inn Express hotels.The recently signed portfolio comprises 14 hotels, including ten open hotels across key cities such as Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, and Mumbai. The additional four hotels are under construction. The signing sees IHG grow its pipeline to 41 hotels, positioning IHG as one of the largest players in India’s growing midscale hotel market.All hotels in the portfolio will be closed while they are being refurbished and upgraded with the latest design directives, to ensure the portfolio is fully representative of the Holiday Inn Express brand globally. The hotels will feature the next-generation design, several additional public areas and feature brand hallmarks to enhance guest service delivery.“It is with great pride and excitement that we are announcing our partnership with SAMHI for conversion of their existing mid-market hotel portfolio in India to Holiday Inn Express. This is a significant move towards establishing IHG as a leading player in the midscale hotel segment in India, while we continue to build on our upscale and luxury offering in the country with InterContinental Hotels & Resorts and Crowne Plaza Hotels & Resorts,” said Sudeep Jain, Vice President, Development, South West Asia. last_img read more

Tagged: , , , , , , , , , .

1 Hit the pavement There is no better way to exp

Posted on by

first_img1. Hit the pavement: There is no better way to explore a new city or tropical destination than by throwing on your runners and taking to the streets. Get into the fresh air, see the sights and take in the smells and sounds of somewhere new.2. Take the stairs: Ditch the elevator of your hostel and use the stairs each time you get back to your room. A sure way to spike your heart rate and get the legs and booty firing a few times a day!3. Go prepared: Pack some light equipment in your suitcase so you’re all prepared for those cheeky hostel room workouts. I always travel with resistance bands, a skipping rope and a set of core sliders.4. Get outside: Scope your holiday destination for sets of stairs, sports ovals or running tracks. Sprinting up stairs or the length of an oval can be an extremely quick and efficient way to get a great workout in when you’re on the road.5. Keep it fun: Incidental exercise counts too! Think paddle boarding, surf lessons, bike riding, kayaking, dancing and hiking. Sometimes the best workouts are the ones you don’t even realise you’re doing!6. Walk when you can: It can be easy to fall into the habit of hailing a taxi for short trips when you’re in holiday mode, but keep exploring and walk it out instead!7. Commit to be fit: Promise yourself to aim for at least 15-20 minutes of exercise each day. Feeling strong, energised and healthy will ensure that you make the absolute most of your time away.8. Use what you’ve got: Chairs, tables and steps can make excellent workout props! Almost every hostel room will have a chair at the very least. Think tricep dips, incline pushups, step ups, split lunges, box jumps and the list goes on.9. Don’t forget your supplements: Dining at new restaurants and tasting new foods is one of the most anticipated parts of any trip! As great as it is to relax on a regular eating regime, it is still important to keep up your basic nutrition to ensure you feel 100% on your trip. I always pack my protein powder, greens and personal supplements to ensure that I am still hitting all of my nutritional targets.10. Your body is a gym: Your own body is all that you need to create an incredible workout! Burpees, squat jumps, pushups, planks and lunges are all effective movements that don’t require much space and provide a lot of bang for their buck. Aussieshostelssurveytravellersyouth travel IMAGE: @vladi_krascenter_img Hostelworld’s latest survey of 1,500 Aussies, aged 18-65+, has revealed that Australian travellers are right into immersive cultural experiences and, contrary to popular belief, are losing interest in traditional holiday must-do activities like tanning (two per cent) and partying (three per cent). 55 per cent of the survey’s respondents rated experiencing a new culture as a primary motivator for going on holiday.59 per cent said their runners were must-pack items, alongside the essential pair of thongs (62 per cent). 44 per cent of respondents said they typically try to eat healthily when on holiday, and 16 per cent seek out holidays that are ‘active’. Cycling (31 per cent), yoga (32 per cent), and deep sea diving (24 per cent) are among the top activities Aussies want to try on holiday – and 41 per cent of men said they were willing to practise yoga on holiday, compared with just 24 per cent of women.Hostelworld has teamed up with personal trainer and body positivity ambassador, Ashley Freeman (@ashleymfreeman), to provide top tips on keeping fit with minimal equipment, while on holiday or travelling. Ten top tips for staying fit on holiday by Ashley Freemanlast_img read more

Tagged: , , , , , , , , , .