Stacey-Turley Residence / Kariouk Projects CopyAbout this officeKarioukOfficeFollowProductsGlassSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesOttawaHousesCanadaPublished on December 06, 2013Cite: “Stacey-Turley Residence / Kariouk” 06 Dec 2013. ArchDaily. Accessed 11 Jun 2021.
The Week Ahead: Nearing the Forbearance Exit 2 days ago Print This Post Sign up for DS News Daily The mortgage delinquency rate is improving at an unprecedented rate, researchers say. That’s thanks in large part to a gradually recovering labor market.According to the Mortgage Bankers Association (MBA) Q1 report, the delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.38% of all loans outstanding at the end of the first quarter. The MBA includes loans in forbearance if the payment was not made based on the original terms of the mortgage. The research shows the delinquency rate dropped 35 basis points from the fourth quarter of 2020. Experts at the MBA say there has never been such a substantial decline in the delinquency rate over such a short period of time.Marina Walsh, MBA’s VP of Industry Analysis attributes the rapid improvement to an increasingly positive employment outlook and government stimulus programs.”Mortgage delinquency rates continued to decrease in the first quarter of 2021, as a rebounding job market and stimulus checks helped borrowers stay current on their mortgage payments,” Walsh said. “Mortgage delinquencies track closely to the U.S. unemployment rate, and with unemployment dropping from last year’s spike, many households appear to be doing better.”In April’s employment statistics report, jobs gains came in at 266,000. The U.S. has now regained approximately 63% of the jobs lost at the start of the pandemic. It’s still “far below consensus expectations,” says First American Economist Odeta Kushi, but homeowners seem to be suffering slightly less, fiscally.“As of the first quarter of 2021, low-earning job losses were down 7.8% year over year, while high-earning job losses were down 1.9%. This is one reason why housing has been resilient – this service sector-driven recession has disproportionally hurt younger, lower-wage workers who are less likely to be homeowners or homebuyers,” Kushi said.That said, the mortgage delinquency rate, which peaked at 8.22% in the second quarter of 2020, has dropped by 184 basis points to 6.38% within three quarters. In addition, this quarter’s earliest stage delinquencies— the 30-day and 60-day delinquencies combined—dropped to the lowest levels since the inception of the survey in 1979, Walsh said.”Notwithstanding the welcome improvement in mortgage delinquencies and the positive job outlook, the delinquency rate this past quarter still remains 105 basis points higher than its historical quarterly average of 5.33 percent,” Walsh said. “We continue to see seriously delinquent loans—those loans that are over 90 days past due or in the process of foreclosure—at elevated levels, particularly for FHA and VA borrowers.”Echoing the MBA’s findings, the research team at Black Knight reported a strong improvement to COVID-related forbearance activity with Tuesday-to-Tuesday (May 4) volumes dipping by 105,000 or 4.5%.As of May 4, just over 2.2 million or 4.2% of homeowners remain in COVID-19 related forbearance plans, including 2.5% of Fannie Mae and Freddie Mac-backed loans, 7.4% of Federal Housing Administration or VA-backed loans, and 4.8% of portfolio or private loans.Black Knight’s analysts report that 350,000 forbearance plans are set to be reviewed for extension or removal in May—that number climbs to nearly 900,000 in June, the final quarterly review before early forbearance entrants begin to reach their 18-month plan expirations later this year.Walsh concluded that “upon exiting long-term forbearance, some borrowers, regardless of their improving employment prospects, may need more complex workout options, such as loan modifications, to remain in their homes.”The full MBA National Delinquency Report is available at MBA.org. Black Knight’s weekly forbearance reports are available on Black Knight’s blog.And find Odeta Kushi’s regular commentary on First American’s Economic Center blog. Demand Propels Home Prices Upward 2 days ago 2021-05-07 Christina Hughes Babb Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Christina Hughes Babb Home / Daily Dose / Mortgage Delinquency Rate Declines at Unprecedented Pace in Daily Dose, Featured, Market Studies, News Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Mortgage Delinquency Rate Declines at Unprecedented Pace The Best Markets For Residential Property Investors 2 days ago Previous: FHFA Seeks Input on Short-Term Rentals Next: Housing Survey Shows Purchase Pessimism at All-Time High 23 days ago 3,305 Views The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Subscribe Demand Propels Home Prices Upward 2 days ago Related Articles
Important message for people attending LUH’s INR clinic Met Eireann has issued a yellow rainfall warning for counties in the West tomorrow.It’s expecting heavy downpours tomorrow evening into the night and again on Tuesday.The counties affected include all of Connacht along with Donegal, Cork, Clare and Kerry. Twitter By News Highland – November 22, 2020 Pinterest Previous articleGardai remind shoppers of potential risks when buying onlineNext articleMissing person located following search in Dunkineely News Highland Twitter Loganair’s new Derry – Liverpool air service takes off from CODA Nine til Noon Show – Listen back to Monday’s Programme DL Debate – 24/05/21 Met Eireann issue yellow rainfall warning for Donegal Google+ Homepage BannerNews WhatsApp WhatsApp RELATED ARTICLESMORE FROM AUTHOR Arranmore progress and potential flagged as population grows Facebook News, Sport and Obituaries on Monday May 24th Facebook Pinterest Google+
iStock/ChiccoDodiFCBy: BILL HUTCHINSON, ABC News(SAN ANTONIO) — Three members of the Thin Blue Line Law Enforcement Motorcycle Club were killed and nine others were critically injured when an alleged drunken driver going in the opposite direction swerved into their lane and hit them head-on while they were on a group ride in the Texas Hill Country, officials said.The crash occurred about 5 p.m. on Saturday on a highway in Kerrville, Texas, about 65 miles northwest of San Antonio, according to the Kerr County Sheriff’s Office.“They were on a ride in the Texas Hill Country and were on Highway 16 south of Kerrville, when another person crosses the center stripe,” the sheriff’s office said in a statement posted on its Facebook page.The sheriff’s office said the driver who struck the motorcycle club members was arrested on several counts of intoxicated manslaughter and intoxication assault. The name of the alleged drunken driver was not immediately released.“Please keep our brothers with the Thin Blue Line Law Enforcement Motorcycle Club in ya’lls prayers,” the statement from the sheriff’s office reads.The motorcycle club, comprised of active and retired law enforcement officers and military service members, had gathered in Texas for the weekend to celebrate the group’s 11th birthday, according to a spokesman for the club.The club members killed were identified as Joseph Paglia, Jerry Wayne Harbour and Michael White, according to a statement issued by David Weed, a spokesman for the club. Weed said the club members were attending the annual Thin Blue Line meeting in Bandera, Texas, and celebrating the club’s birthday.Weed said Paglia was a former Niles City, Illinois, police officer and the president of the motorcycle club’s Chicago chapter. He said White, a former Chicago Community Services officer and U.S. Army veteran, was also a member of the Chicago chapter and served as its secretary.Harbour, who was from Houston, was a Thin Blue Line National Ambassador, a retired Army lieutenant colonel and a retired Eastern Airlines pilot, Weed said.“These men who spent their lives serving our Country and their communities with valor and honor,” Weed said in his statement.He said the crash occurred when a group of club members went on a “leisurely motorcycle ride” headed back to Bandera after having lunch in Kerrville.Copyright © 2020, ABC Audio. All rights reserved.
Euro work time ruling weakens Byers’ moveOn 11 Jan 2000 in Personnel Today Comments are closed. Government efforts to make working time law more flexible for employers areset to be thwarted following a ruling by the Advocate General of the EuropeanUnion.As Secretary of State for Trade & Industry Stephen Byers made hislong-awaited change to the UK law just before Christmas, giving more freedom toemployers, the Advocate General ruled that rights to a shorter working weekshould be strengthened.The new ruling contradicts the Government’s definition of working time, byincluding hours spent on-call under some conditions. The Advocate General’sview is nearly always backed by the European Court of Justice. Confirmation by the court would force the Government into yet anotherrewrite of the regulations which came into force only 15 months ago.”This threatens to be a case of massive significance,” said ChrisMordue, solicitor at leading law firm Pinsent Curtis. “If the EuropeanCourt of Justice upholds this – the most fundamental issue under the law – whatcounts as working time – will need to be reconsidered.”Employers with large numbers of staff on call – utilities, health and otheremergency services – reacted with alarm. Motoring organisation AA said itdetracts from the idea of having staff on call. Philippa Stokes, employeerelations manager at the firm, said the change would make it “extremelydifficult for employers trying to run a business”.Byers’ amendment was approved by Parliament before Christmas. The newregulations scrap record-keeping for those who have opted out of the 48-hourlimit and discount voluntary unpaid extra work. Explanatory guidance has stillnot appeared, but is due by the end of January.The move was welcomed by the CBI, which said its members had expressed reliefand delight at the greater flexibility.The Advocate General was ruling on a case brought by Spanish health unionSimap. ADTIspokesman said, “The UKdoes believe that its interpretation iscorrect but we will look at the opinion and wait for the ruling.By News Team Previous Article Next Article Related posts:No related photos.
March 17, 2020 /Sports News – National 146th Kentucky Derby delayed amid coronavirus outbreak Written by Beau Lund FacebookTwitterLinkedInEmailtraveler1116/iStock(LOUISVILLE, Ky.) — The fastest two minutes in sports will have to wait until the fall.Churchill Downs announced that the 146th Kentucky Derby will be rescheduled from May 2 to Sept. 5.“Throughout the rapid development of the COVID-19 pandemic, our first priority has been how to best protect the safety and health of our guests, team members and community,” Churchill Downs Incorporated CEO, Bill Carstanjen, said. “The most recent developments have led us to make some very difficult, but we believe, necessary decisions and our hearts are with those who have been or continue to be affected by this pandemic.” The 146th Kentucky Derby will be rescheduled from May 2, 2020 to September 5, 2020Additional Information https://t.co/PTHT2X5Gm2— Kentucky Derby (@KentuckyDerby) March 17, 2020Ticketed guests will automatically be valid for the new race dates, but if a patron can no longer attend at the new scheduled race dates, information will be made available later this week on the official website for potential refunds. Copyright © 2020, ABC Audio. All rights reserved.
Many congratulations to Hovis on its 120th birthday! And particular congratulations to all the millers and bakers who have maintained the standard over the years, enabling the loaf to hold such a prominent place in our hearts – and on the shelves of course.Colin Lomax, RHM technical manager, merits a special mention. He is one of those individuals who has the talent to inspire others: company directors, fellow bakers, up-and-coming students, and the editor of British Baker, who has seen him at work. He knows vast amounts about milling and baking and, like so many in this industry, cares deeply for his craft. The last time he judged a competition, I heard a student say: “He makes me really want to get the crumb better – up to his standards.” That’s because he puts in enthusiasm and draws out talent.But his sense of humour is never far below the surface, as anyone who has worked with him, seen him demonstrate or sat in on a British Society of Baking conference he has chaired, knows.Paul Wilkinson and Peter Baker, famous names from RHM’s recent past, have moved on, but both contributed a great deal not just to Hovis but RHM’s success, and I am proud to have met and know them both.I must admit I went a bit wobbly when Hovis launched a crustless version of its loaf. I wanted to shout; “That’s where most of the flavour is!” But as soon as I learned it was aimed principally at kids, I felt a lot better.Importantly, Hovis has always “combined innovation and the desire to move forwards with an emphasis on quality and tradition” (pg 26). That is also obvious talking to Miles Warnick, who heads up RHM Bread Bakeries, and Jon Tanner sales and marketing director of the milling division. It must be a very proud time for them, too, with the parent company going for flotation last year and a recent rise in the share price.British Baker actually reached its 120th anniversary six months ago, so we have played an important part in each other’s lives.Tradition is being re-enacted as the famous commercial of the Hovis ‘boy and his bike’ makes a return. It pictures a traditional baker’s boy, wheeling his traditional delivery bike up Gold Hill in Dorset, delivering bread from a traditional basket. But if we look in that basket today, we see modern loaves, made on the latest plant and equipment – and still the pinnacle of success. A very happy 120th to Hovis!
Dave Brooks, chief executive of major own-brand premium cakes supplier Finsbury Food Group, who steered the business into its number two position within the UK cake industry, is to step down from his role with effect from 29 September.Brooks will be replaced by major shareholder Martin Lightbody, previously group strategic development director.Brooks, 41, who spearheaded the group’s acquisition trail after it formed in 2002, told British Baker that his departure would be unlikely to lead to a change of direction for Finsbury.He said: “I don’t see us moving away from premium, celebration, health or from our brands.”The board is very clear that the next 18 months will be about driving the businesses we’ve got during tough econo-mic times.”Brooks revealed he had no imminent plans, other than to fulfil a consultancy role for Finsbury until March 2009, and left for personal reasons.Lightbody said “The group has an excellent portfolio of products, so despite the fact that I am taking over at a challenging time, it is an opportunity I relish.”
Senior trade officials from the United Kingdom (UK) and Eastern and Southern Africa (ESA) States met in Johannesburg, South Africa, on 6 to 7 September to continue discussions to maintain the current trade relationship between the UK and the ESA countries after the UK leaves the EU. The UK and ESA states from Madagascar, Mauritius, Seychelles, and Zimbabwe were represented.Senior trade officials set out their shared understanding that inclusive trade is essential for poverty eradication and sustained growth. Senior trade officials agreed that the UK-ESA EPA should promote development.Officials present were able to conclude technical discussions on wording to ensure operability of a new replicated agreement, subject to final internal consultations.Senior trade officials confirmed therefore that they will be in a position to ensure that the agreement can be in place between the UK and ESA States as soon as the EU-ESA EPA no longer applies to the UK.This significant progress will ensure continuity of trade relations between the UK and ESA States once the EU-ESA EPA no longer applies to the UK, meaning that the parties will maintain the current market access and replicate the effects of the existing EU-ESA EPA. This confirmation, and the future UK-ESA EPA, are without prejudice to the terms of the EU-ESA EPA.Senior trade officials welcomed the progress achieved regarding the UK and EU’s agreement on a time-limited implementation period between the EU and UK following the UK’s departure from the EU, and in particular welcomed the intention for the UK to be treated, for the purposes of EU international agreements, as an EU member state for the duration of the implementation period between the EU and UK.Nevertheless, senior trade officials recognised that it is responsible to prepare for all potential outcomes. Senior trade officials confirm that they are therefore taking steps to ensure that their replicated agreement can be in place, if required, immediately upon the UK’s withdrawal from the EU in March 2019, in the event that no agreement is reached between the UK and EU. During discussions, attendees recognised the UK’s continuing obligations while it remains an EU member state.Senior trade officials reaffirmed that they share a strong ambition to further strengthen their partnership in the future, in order to further benefit both sides. In line with ensuring continuity of effect of this agreement, bilateral transition will include those set of issues which were due to be revisited within the EU-ESA iEPA. As that agreement will no longer apply to the UK, they will now form part of a built-in agenda.Senior trade officials re-affirmed the intention to cooperate closely in order to ensure that the mutual benefits of a UK-ESA EPA are fully realised.