Freshfields reshuffles key roles as promotes Lawes

first_img whatsapp KCS-content Tags: NULL whatsapp MAGIC CIRCLE law firm Freshfields Bruckhaus Deringer has handed London partner Will Lawes the senior partner title as part of a management reshuffle.Lawes, who recently co-headed the firm’s financial institutions practice, was voted into the role yesterday. He will be joined at the top by chief executive Ted Burke, who will become managing partner and tax partner Stephan Eilers, who will take over the executive partner role.All three will officially move into their respective titles in January 2011 when current senior partners Guy Morton and Konstantin Mettenheimer stand down.Managing partner Peter Jeffcote is to become the firm’s general counsel. Freshfields reshuffles key roles as promotes Lawes More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Show Comments ▼ Share Thursday 30 September 2010 10:43 pmlast_img read more

Lottotech Limited (LOTO.mu) Q32014 Interim Report

first_imgLottotech Limited (LOTO.mu) listed on the Stock Exchange of Mauritius under the Tourism sector has released it’s 2014 interim results for the third quarter.For more information about Lottotech Limited (LOTO.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Lottotech Limited (LOTO.mu) company page on AfricanFinancials.Document: Lottotech Limited (LOTO.mu)  2014 interim results for the third quarter.Company ProfileLottotech Limited is a company headquartered in Ebène Mauritius that handles the Mauritian National Lottery for the Mauritian government. The company distributes its product through a broad network of retailers. Lottotech Limited is listed on the Stock Exchange of Mauritiuslast_img read more

George Edward Haynsworth, retired Nicaragua missionary bishop dies

first_img Rector/Priest in Charge (PT) Lisbon, ME [Episcopal News Service] Funeral services will be held Nov. 28 for the Rt. Rev. George Edward Haynsworth, 90, retired missionary bishop of Nicaragua and former assistant bishop in the Diocese of South Carolina.Haynsworth died Nov. 24 after suffering a heart attack the day before. He lived in James Island, South Carolina.The service for the burial of the dead will be held in the chapel at the Bishop Gadsden life care retirement community in Charleston. Diocese of South Carolina Bishop Mark Lawrence is scheduled to preside and retired South Carolina Bishop C. FitzSimons Allison will preach. Haynsworth assisted Allison. (Lawrence has been restricted from exercising his ministry since Oct. 15 after the Episcopal Church’s Disciplinary Board for Bishops certified to Presiding Bishop Katharine Jefferts Schori that he had abandoned the Episcopal Church “by an open renunciation of the discipline of the church.” The restriction is a canonically required part of the board’s process.)Burial will follow at the Church of the Holy Cross in Stateburg.Haynsworth was born in Sumter and began college at the Citadel in 1940 but was called into active duty during World War II. He later graduated from the Citadel. He received a theological degree from the University of the South in 1949. He was ordained a priest in 1950. He served as a priest in South Carolina and Savannah, Georgia. In 1960 Haynsworth began missionary work serving people in El Salvador, Guatemala, Honduras and Nicaragua.He was ordained missionary bishop of Nicaragua in 1969. He also served as bishop in charge of El Salvador. Upon returning to the United States he served as executive for world mission in church and society at the Episcopal Church Center in New York. He was called to become assistant bishop of South Carolina in 1985 and served until 1990.Haynsworth is survived by his wife of 64 years, Elizabeth (Babbie), three sons, seven grandchildren, and two great-grandchildren. Curate Diocese of Nebraska AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Submit a Press Release Rector Hopkinsville, KY Associate Rector Columbus, GA Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Priest Associate or Director of Adult Ministries Greenville, SC Rev. Dr.William Muniz Ph.D. says: Submit a Job Listing Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET By ENS staffPosted Nov 27, 2012 Featured Jobs & Calls The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector (FT or PT) Indian River, MI Obituary, Rector Tampa, FL Featured Events Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Pittsburgh, PA Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Rector and Chaplain Eugene, OR Press Release Service Rector Shreveport, LA Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Rector Martinsville, VA Rector Collierville, TN This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group July 23, 2013 at 11:03 pm Father Haynsworth was my first paster when I was five years old at Saint Thomas in Savannah Those early lessons in faith have helped me in my walk with Christ. I still love you Babbie and what fun we had at your house., Comments (2) TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Tags Director of Administration & Finance Atlanta, GA Course Director Jerusalem, Israel Director of Music Morristown, NJ Assistant/Associate Rector Washington, DC Ned Wolfe says: Curate (Associate & Priest-in-Charge) Traverse City, MI People Comments are closed. Assistant/Associate Rector Morristown, NJ Priest-in-Charge Lebanon, OH Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Submit an Event Listing Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Rector Belleville, IL Rector Smithfield, NC Rector Bath, NC Bishop Diocesan Springfield, IL Rector Knoxville, TN Associate Rector for Family Ministries Anchorage, AK Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Associate Priest for Pastoral Care New York, NY Canon for Family Ministry Jackson, MS December 29, 2012 at 9:22 pm A Saintly man, a lving proof that Saints do live among us. He was my Bishop, he ordained me as an Episcopal Priest. We separated from each other in 1972, I was sent to seminary to become his replacement in Nicaragua. It did not happen, it did not work. But I kept him always in my heart as a man of God, a very humble man, a Bishop like those who come once in a God’s own time. I loved him I thank God for him. I will see him in heaven and ask him to forgive him for dissapointing him. The Rev. Dr.William Muniz D.Psy., M.A., M.Div.Catholic Priest. Cathedral Dean Boise, ID Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 George Edward Haynsworth, retired Nicaragua missionary bishop dies Missioner for Disaster Resilience Sacramento, CA Rector Albany, NY Assistant/Associate Priest Scottsdale, AZ Youth Minister Lorton, VA An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET Rector Washington, DC Family Ministry Coordinator Baton Rouge, LA New Berrigan Book With Episcopal Roots Cascade Books last_img read more

Joel Pachao elected Episcopal Church in the Philippines prime bishop

first_img Submit a Press Release Featured Jobs & Calls Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Tags Assistant/Associate Rector Morristown, NJ Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Joel Pachao elected Episcopal Church in the Philippines prime bishop Rector (FT or PT) Indian River, MI Canon for Family Ministry Jackson, MS Associate Rector Columbus, GA The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector/Priest in Charge (PT) Lisbon, ME Associate Priest for Pastoral Care New York, NY Submit a Job Listing Bishop Diocesan Springfield, IL Rector Tampa, FL Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Priest-in-Charge Lebanon, OH An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Rector Belleville, IL Youth Minister Lorton, VA Comments are closed. Rector and Chaplain Eugene, OR May 18, 2017 at 8:55 pm Congratulations Bishop Pachao! New Berrigan Book With Episcopal Roots Cascade Books Rector Washington, DC Family Ministry Coordinator Baton Rouge, LA Director of Administration & Finance Atlanta, GA Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Rector Bath, NC Comments (2) Course Director Jerusalem, Israel Cathedral Dean Boise, ID Featured Events May 11, 2017 at 8:40 pm Congratulations and may the good Lord guide you always in your great endeavors and achievements matagotago tako amin! Praise the Lord. Rector Hopkinsville, KY Rector Pittsburgh, PA Rector Collierville, TN Rector Albany, NY In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Shreveport, LA Missioner for Disaster Resilience Sacramento, CA Assistant/Associate Priest Scottsdale, AZ Curate Diocese of Nebraska Submit an Event Listing Priest Associate or Director of Adult Ministries Greenville, SC Assistant/Associate Rector Washington, DC Rector Martinsville, VA Press Release Service Curate (Associate & Priest-in-Charge) Traverse City, MI Kellan Lyman says: Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector Smithfield, NC Rector Knoxville, TN The Rt. Rev. Joel A. Pachao will be installed in June as the 6th prime bishop of the Episcopal Church in the Philippines. Photo: Caroline Carson[Quezon City, Philippines]  The Rt. Rev. Joel A. Pachao was elected May 10 as the 6th prime bishop of The Episcopal Church in the Philippines.Pachao, 61, is currently the bishop of the Episcopal Diocese of North Central Philippines, based in Baguio City in Benguet Province. He was one of three nominees.In order to be elected, a candidate needed to receive a simple majority of votes from both clergy and the lay delegates, voting separately on the same balloting round. Pachao was elected on the second ballot, receiving 44 clergy votes and 39 lay votes, with 36 and 32 needed, respectively, for election.The election took place during the church’s 10th Regular Synod being held May 9-12 at the church’s national compound in Cathedral Heights here.“Over the years we have been guided by the Five Marks of Mission in our mission planning and much has been accomplished, so there is no need to change,” Pachao said. “All the more, there is need for the whole ECP to take the Five Marks of Mission seriously and purposefully to heart and let them guide our life, our mission, and our ministry as a church. What we need to do is to build on what has been accomplished. This we can do even as we seek additional ways of living out the Five Marks of Mission in the light of new challenges that come our way.”“Perhaps we can learn from government. Each time a new administration takes over, most, if not all, previous priorities are abandoned and new plans and programs take their place covered by new rules. This must be avoided in the church. We do not live from one administration to the other, but rather, we exist to do the unchanging mission of Christ.”Pachao will be installed as prime bishop late this year during a worship service at the Cathedral of St. Mary and St. John in Quezon City. Current Prime Bishop Renato Abibico will preside.Pachao was ordained a priest in 1982 after graduating from St. Andrew’s Theological Seminary in Quezon City in 1980. He served as priest in seven locations until his consecration as bishop in 1993 at the Pro-Cathedral of The Resurrection in Baguio City. He is married to Precilla Gacod, and they have two grown children, Kelcy Pachao Salinas and Kent Pachao who are both nurses and currently reside in London.The other nominees in the election were: Bishop Brent Harry W. Alawas (Diocese of Northern Philippines) and Bishop Dixie Copanut Taclobao (Diocese of Central Philippines).The Episcopal Church in the Philippines began as a missionary diocese of the U.S.-based-Episcopal Church and later became an independent province in the Anglican Communion in 1990. In February, Presiding Bishop Michael B. Curry and Abibico signed a concordat on provincial companionship.Editor’s note: A previous version of this story reported that the new prime bishop would be installed in June. That date has not yet been settled. The date of when the Church became an Anglican Communion province has been corrected. Caroline Carson is a seminarian at the Sewanee School of Theology and is currently in the Philippines on grants from the Seminary Consultation on Mission and the Episcopal Church Global Missions office. Shirley Johnson says: By Caroline CarsonPosted May 10, 2017 Associate Rector for Family Ministries Anchorage, AK Anglican Communion Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Director of Music Morristown, NJ last_img read more

Mortgage rates dip to lowest of the year

first_img TAGSMortgage Rates Previous articleSan Miguel’s still on schedule for opening this yearNext articleIt’s expected of us! Denise Connell RELATED ARTICLESMORE FROM AUTHOR Share on Facebook Tweet on Twitter Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom You have entered an incorrect email address! Please enter your email address here UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000  This year, mortgage rates have been something of a rollercoaster. While at the beginning of the year, mortgage rates for the year fell from the previous year to hang around 4.2% across the board, this decrease was still much higher than expectations as it was the first time in several years that the rate started above 4%. From January to March, these rates rose steadily with March rates averaging around 4.25%. In our local area, most lenders were much higher with rates averaging around 4.35%. April brought lower rates across the board, which did drop local rates, but this month has even added to the rollercoaster that is mortgage rates.Over the last month, the rates have roughly remained static overall, but this last week saw a significant rise in the beginning of the week and most recently, yearly lows.“Mortgage rates surged significantly lower Wednesday, as a part of a broad-based market movement following a political scandal that began taking shape yesterday afternoon. You can choose your preferred media outlet to digest all of the details, but the issue surrounds communications between President Donald Trump, former FBI Director Jim Comey, and the potential for the details of those communications to be demanded by House Oversight Chair Jason Chaffetz,” reports mortgagedailynews.com.Many borrowers will see quotes in the 3.875%-4.0% range now as opposed to 4.0-4.125% before today. Florida gas prices jump 12 cents; most expensive since 2014 Save my name, email, and website in this browser for the next time I comment. Please enter your name here Please enter your comment! LEAVE A REPLY Cancel replylast_img read more

Liz Tait joins Institute of Fundraising’s board of trustees

first_img Liz Tait, Director of Fundraising at Battersea Dogs & Cats Home, has joined the board of trustees of the Institute of Fundraising.A fundraiser for more than 16 years, she has lead the fundraising strategy and team at Battersea since 2010. She and her team cover public fundraising, major donors, corporates, trusts, legacy marketing, community fundraising and events.She has been co-opted to the IoF Board to replace Tanya Steele, who has stepped down after taking on a growing global remit at Save the Children.She is already a fellow of the Institute of Fundraising and a member of its Learning and Development Committee. She is also chair of the Fundraising Convention Board, which runs the annual National Fundraising Convention, the largest event for fundraisers in Europe.Liz Tait and Lollipop at Battersea Dogs & Cats Home AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Institute of Fundraising Recruitment / people trustees Liz Tait joins Institute of Fundraising’s board of trustees  55 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tait said:“I’m passionate about what fundraisers can deliver for great causes and am committed to the development of our sector. So it’s a privilege to become a trustee of the Institute of Fundraising at such a pivotal time for the fundraising profession. I’m very much looking forward to working with the Board and team at the IoF.”In her five years at Battersea, Tait’s team have increased non-legacy fundraising income from £1.6m to more than £20m. They have also won Fundraising Team of the Year from Charity Times in 2012 and Third Sector in 2013 and 2015.Before Battersea, Tait was Head of Direct Marketing at the British Red Cross, and helped transform the charity’s direct marketing income, which rose from £27m in 2007 to £57m in 2010.Richard Taylor, Chair of the Institute of Fundraising, welcomed Tait’s appointment, saying: Advertisement Howard Lake | 12 January 2016 | News “I am delighted that another of the UK’s finest fundraisers has agreed to join the IoF’s board of trustees. Liz brings with her a wealth of experience from across our sector and has served our community well through Fundraising Convention Board.“I would also like to thank Tanya Steele for her commitment and her exceptional chairing of our Standards Committee, and wish her well with her new responsibilities at Save the Children.” About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

Buffalo celebrates Indigenous Peoples Day and protests billionaire school board member’s sexism

first_imgRally shouts “HELL NO, Carl Paladino! Sexism and Racism is NOT ‘normal’ at the Buffalo School Board, Oct. 12.People from many Buffalo, N.Y., organizations and communities gathered on Oct. 10 to call for replacing Columbus Day with Indigenous Peoples’ Day. They also demanded an end to the Dakota Access Pipeline and rallied in solidarity with the resistance at Standing Rock, N.D.People then demonstrated at the Buffalo School Board meeting on Oct. 12 against local millionaire developer and school board member Carl Paladino. Not for the first time Paladino had rushed to defend Donald Trump, this time declaring that Trump’s sexist behavior and language are something that “all men do, at least all normal men.” Community activists immediately came together to reject Paladino, and to say that his openly racist and sexist record has made it clear that he is unfit to be on the school board. Paladino was met with signs, chants and a large crowd determined to be heard rejecting his bigotry.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

U.S. sends troops to Gulf region, threatens new war

first_imgSept. 22 — ​The Pentagon announced Sept. 20 that it will “deploy additional U.S. troops and missile defense equipment to Saudi Arabia and the United Arab Emirates.” This deployment is allegedly in response to a missile attack the weekend before that stopped half of Saudi daily oil production and temporarily raised oil prices worldwide. U.S. Secretary of State Mike Pompeo and Vice President Mike Pence blamed Iran for the attack, calling it an “act of war.” While Iran denies making the attack, the Houthi organization in Yemen says its forces did it. As of Sept. 22, neither the U.S. nor Saudi Arabia has produced evidence of Iran’s involvement.Washington, most recently the Trump administration, has carried out continuous hostile acts against Iran. These acts include breaking the 2015 nuclear treaty with Iran, as well as imposing economic sanctions and sending warships —​ and now troops —​ to the Gulf region. These steps raise the probability of a catastrophic war in Southwest Asia.While such a war would greatly harm Iran and its people, the country is much stronger than Iraq was when attacked by the U.S. in 2003. Iran today has 80 million people, compared to Iraq’s 25 million at that time. The Iranian government has much greater support from its people, has a better armed and motivated military, and has allied forces in many neighboring countries. Taking this into account, another “unending” U.S. aggression in the region would cost much more in lives and wealth than the 2003-11 U.S. war against Iraq. The inability of the Saudi military to stop the missile attack last week, wherever it came from, shows that the Saudi oil industry and the reactionary Saudi monarchy itself are vulnerable to collapse.That same Saudi monarchy has intervened for the past four years in a civil war in Yemen, killing thousands of Yemenis with U.S.-supplied bombs and jets. This U.S.-backed Saudi war has brought millions of Yemenis to the edge of famine, creating a humanitarian disaster among Yemen’s 30 million people. Despite the high-tech Saudi arms, the opposing side in Yemen, Ansar Allah, also called the Houthis, has fought the Saudi army to a standstill. Yemenis say they did itThe Houthis say they carried out the attack against the Saudis using drones. The Houthis also said they would end the targeting of Saudi Arabian territory “with military drones, ballistic missiles and all other forms of weapons, and we wait for a reciprocal move from them.” (Al Jazeera, Sept. 20)In the same article, Hassan Nasrallah, leader of Hezbollah, the revolutionary group based in Lebanon, advised Saudi Arabia and the United Arab Emirates not to incite war against Iran “because your houses are made of glass.” Saudi Arabia “should think well, as a war with Iran will mean their destruction.” Like the Houthis, Nasrallah also demanded the Saudis end their war against Yemen. The Iranian government rejects Washington’s charge, saying it was not responsible for the attack. Iranian Foreign Minister Mohammad Javad Zarif also said that any U.S. or Saudi military attack against his country would result in an all-out war. “I am making a very serious statement that we don’t want war; we don’t want to engage in a military confrontation. … But we won’t blink to defend our territory,” Zarif told CNN on Sept. 19.Zarif’s comments expose the double-edged nature of U.S. aggression. Wherever the Pentagon deploys troops in the Gulf region, these U.S. forces are not only a threat but also a target. Forces allied to Iran in Yemen, Iraq, Lebanon and Syria, for example, are within range of U.S. bases. Any U.S. war against Iran would leave tens of thousands of U.S. troops on bases in the region vulnerable to attack, as well as Saudi oil.The Trump administration and the Pentagon know that an attempt to carry out a limited air strike against Iranian targets could lead to a war in which they don’t control the escalation or the outcome. It should be remembered that U.S. forces invaded a nearly helpless Afghanistan in 2001 and occupied that country with as many as 100,000 troops and mercenaries. The result? The U.S. military still seems unable to leave that country 18 years later, and the people’s suffering continues. By withdrawing from the treaty, signed by the Obama administration in 2015, which restricted Iran’s potential development of nuclear weapons, the Trump regime has created today’s extremely dangerous situation. It is important for anti-imperialist forces in the United States to continue to point out that Washington is responsible and to do everything possible to stop a new war in the region.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Visualizing Hurricane Florence’s Impact on East Coast Housing

first_img Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Tagged with: DIMONT Fannie Mae Freddie Mac hurricane florence hurricanes Natural Disasters Vacant Properties About Author: David Wharton The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save DIMONT Fannie Mae Freddie Mac hurricane florence hurricanes Natural Disasters Vacant Properties 2018-09-12 David Wharton Servicers Navigate the Post-Pandemic World 2 days ago About Author: Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily center_img Demand Propels Home Prices Upward 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. The Best Markets For Residential Property Investors 2 days ago Subscribe Visualizing Hurricane Florence’s Impact on East Coast Housing September 12, 2018 3,996 Views Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Foreclosure, Government, Journal, Loss Mitigation, News, Servicing With Hurricane Florence hitting the East Coast, residents on the ground are bracing for the impact and the industry is bracing for the aftermath. The past year has seen a series of damaging storms such as Hurricanes Harvey, Irma, and Maria, events that caused thousands of deaths and billions in damages. As with any disaster, both preparation and response are paramount, but what will the impact of Hurricane Florence look like for the servicers who will be helping navigate the housing damages in the weeks and months to come?Now DIMONT, a Dallas-based provider of insurance claims management and adjustment services for mortgage and auto lenders, servicers, and investors, is offering its skills to servicers with properties in the region.Denis Brosnan, CEO and President of DIMONT, said, “As part of our effort to assist the mortgage and housing industries, DIMONT is asking servicers to reach out and we will run projections based on historical damage from prior hurricanes, tailored to the specific properties for that servicer in potentially impacted areas. As a service to the industry, we will not charge those servicers who reach out to us looking for a more custom data visualization.”DIMONT provided DS News with a 3D map analysis examining the potential impact of Hurricane Florence on the East Coast, specifically on vacant and foreclosed properties. While damage to those properties thankfully holds less potential for human loss, DIMONT’s Chief Solutions Officer Tom Stover told DS News that they often have an increased chance of sustaining damage, simply because they often have not been maintained as well as an occupied home, and they have no one on hand to secure them before the high winds and water blow in.“DIMONT’s data visualization for Hurricane Florence provides historical damage assessments that can be used by servicers to gain the perspective they need to speed up and improve their decision-making processes,” Stover said. “This enables them to communicate much faster and more effectively with both investors and homeowners and help mitigate any potential losses.”DIMONT’s video above tracks potential increases in both claims and damages across two regions. Tier 1 areas are most likely to bear the brunt of Hurricane Florence’s initial landfall. The storm will likely weaken as it reaches the Tier 2 areas, but there’s a catch—those areas are further inland and usually have a higher population density, meaning more homes could be impacted. Stover told DS News that the cumulative damages across a Tier 2 region often surpass that of Tier 1 areas, in spite of the storm being much weaker by the time it reaches them.DIMONT told DS News that servicers typically see a 285 percent increase in the number of claims and a 700 percent increase in the total damages on foreclosed and vacant properties in the Tier 1 Impact Zone. For properties in the Tier 2 Impact Zone, the claims typically double in volume with the damages increasing by 150 percent.After a meeting yesterday with President Donald J. Trump and other senior officials, FEMA Administrator Brock Long said, “Hurricane Florence is setting out to be a devastating event. We’re supporting the governors with achieving their life safety evacuation and movements. We’re focused on mass care and sheltering. And then we’ll be focused on helping them to execute their response and recovery goals.”Today, Fannie Mae and Freddie Mac have released a reminder of their disaster relief policies, including disaster relief options that are available to borrowers whose homes or places of employment are located within a Presidentially declared Major Disaster Area, where federal individual assistance programs are made available to affected individuals and households.“It is important for those in the Carolinas and nearby states to focus on their safety as Hurricane Florence approaches,” said Yvette Gilmore, Freddie Mac’s VP of Single-Family Servicer Performance Management. “Once out of harm’s way, we strongly encourage homeowners whose homes or places of employment have been impacted by Hurricane Florence to call their mortgage servicer to learn about available relief options. We stand ready to ensure that mortgage relief is made available.”For those within a Major Disaster Area, options include suspending foreclosures by providing forbearance for up to 12 months, waiving assessments of penalties or late fees against borrowers with disaster-damaged homes, and no reporting of forbearance or delinquencies caused by the disaster to the nation’s credit bureaus.For homes impacted by the hurricane but not covered by the Major Disaster Area, Fannie Mae authorized servicers to suspend or reduce a homeowner’s mortgage payments immediately for up to 90 days without any contact with the homeowner if the servicer believes the homeowner has been affected by a disaster. Freddie Mac encourages servicers to refer to their standard relief policies, which include forbearance and mortgage modifications.“We want to ensure those in the path of Hurricane Florence have peace of mind and time to focus on their safety,” said Carlos Perez, SVP and Chief Credit Officer at Fannie Mae. “Fannie Mae and our lending and servicing partners are focused on ensuring assistance is offered to individuals and families in need.” Previous: BCFP Updates FCRA Disclosure Rules Next: FHFA Releases Plan to Better Align Fannie and Freddie Home / Daily Dose / Visualizing Hurricane Florence’s Impact on East Coast Housing Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days agolast_img read more

Cases Against MPs/MLAs: Madras High Court Mulls Constitution Of Committee To Set Up Additional Infrastructure For Expeditious Disposal

first_imgNews UpdatesCases Against MPs/MLAs: Madras High Court Mulls Constitution Of Committee To Set Up Additional Infrastructure For Expeditious Disposal Akshita Saxena22 Jan 2021 5:28 AMShare This – xThe Madras High Court has observed that in order to expedite the hearing of criminal cases against MPs/ MLAs in Trial Courts, specific times on a daily or weekly basis need to be allotted, irrespective of whatever other business the relevant Court may have. The High Court further observed that it is necessary to constitute an appropriate Committee at the High Court level to look…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Madras High Court has observed that in order to expedite the hearing of criminal cases against MPs/ MLAs in Trial Courts, specific times on a daily or weekly basis need to be allotted, irrespective of whatever other business the relevant Court may have. The High Court further observed that it is necessary to constitute an appropriate Committee at the High Court level to look into the additional infrastructure which may be necessary and how soon such infrastructure can be set up to meaningfully proceed with complaints against legislators and resultant cases. ‘This Matter Has To Get Precedence’ Madras HC Orders For A Comprehensive Roadmap For Clearing Pending Criminal Cases Against MPs And MLAs The observation was made by a Division Bench comprising of Chief Justice Sanjib Banerjee and Justice Senthilkumar Ramamoorthy while hearing a suo moto petition for monitoring pending criminal cases against MPs and MLAs in the trial courts and the High Court, for ensuring full compliance of the directions given by the Apex Court in Ashiwini Kumar Upadhyay & Ors. v. Union of India (2020). On a previous posting of the case, the Bench had expressed regret over unnecessary pendency of cases against legislators. It had inter alia directed that pending cases against legislators must be listed on ‘top priority’ and at least such 10 cases must be heard every day, on rotation basis. On January 11, the Bench was informed that at High Court, a Single Bench has already been designated for the purpose of dealing with revisional petitions arising out of matters pertaining to legislators. However, at Trial Courts, additional infrastructure needs to be created so that the cases can be taken up and disposed of as expeditiously as possible. The Advocate-General raised the following issues: the extra Sessions Court in Chennai exclusively created for the purpose of taking matters against legislators lies vacant for a considerable period of time; Special Courts designated at the District Judge level or the Judicial Magistrate level are preoccupied with other business and do not have adequate time to devote to matters against legislators. In this backdrop, the bench ordered: “Appropriate steps should immediately be taken for filling up the vacant post in the Special Sessions Court in Chennai… As far as the District Judiciary is concerned, specific times on a daily or weekly basis need to be allotted by such Courts to ensure that legislators’ matters are taken up during such time, irrespective of whatever other business the relevant Court may have.” So far as the High Court is concerned, the Bench expressed that if necessary, other works assigned to the Single Bench designated to hear revision petitions arising out of such cases, should be lightened to ensure that legislators’ matters get precedence and are not delayed. Case Title: Suo Moto W.P. No. 16154 of 2020 Click Here To Download Order Read OrderNext Storylast_img read more