Spring Has Brought on More Delinquencies

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Black Knight Financial Services Delinquencies First Look at Mortgage Data Foreclosures Non-Current Inventory Demand Propels Home Prices Upward 2 days ago May 23, 2016 1,175 Views Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Share Save in Daily Dose, Featured, Foreclosure, News Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Previous: Present and Future Look Bright for Jumbo RMBS Next: DS News Webcast: Tuesday 5/24/2016center_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago About Author: Brian Honea The Week Ahead: Nearing the Forbearance Exit 2 days ago Black Knight Financial Services Delinquencies First Look at Mortgage Data Foreclosures Non-Current Inventory 2016-05-23 Brian Honea  Print This Post The Best Markets For Residential Property Investors 2 days ago Spring Has Brought on More Delinquencies Data Provider Black Knight to Acquire Top of Mind 2 days ago While nearly every metric related to defaults and foreclosures continued its six-year-long decline in April, a couple of stats jumped up during the month, according to Black Knight Financial Services’ First Look at Mortgage Data for April 2016 released Tuesday.April saw the number of 30-day residential mortgages shoot up to 84,000 after hitting a nine-year low in March, pushing the national delinquency rate up to 4.24 percent. The rise in 30-day delinquencies brought up the non-current inventory (properties 30-days or more past due or in foreclosure) up by 48,000, up to 2.74 million.Even with the monthly increases, however, 30-day delinquencies were down by 10 percent over-the-year in April and non-current inventory was down by nearly half a million.“April’s rise in delinquencies is indicative of typical seasonality,” said Andy Walden of Black Knight’s Data & Analytics Division. “In most years, delinquencies will hit their calendar year low in March and then gradually climb throughout the summer and fall months. It’s important to remember that, despite this seasonal uptick, delinquencies are still 10 percent below last year’s level and non-current inventory is down 460,000 over the same time period, indicating continued improvement in overall market performance.”April’s total number of foreclosure starts (58,700) was the lowest total for any one month in 10 years. Foreclosure inventory, or the number of residential properties in some state of foreclosure, declined by nearly 6 percent over-the-month and nearly 28 percent over-the-year in April down to 1.17 percent, or about 595,000.The monthly prepayment rate, which is usually a good indicator of refinance activity, declined both over-the-year (7 percent) and over-the-month (3 percent) despite interest rates hovering near three-year lows. This continued a trend from Black Knight’s March 2016 Mortgage Monitor, which reported that more than two-thirds out of the 7.5 million borrowers who are likely eligible to benefit from refinancing were also eligible last year but still did not take advantage of the opportunity.Click here to view the complete First Look at Mortgage Data for April 2016. Home / Daily Dose / Spring Has Brought on More Delinquencies Subscribelast_img read more

Wisconsin women’s soccer star Dani Rhodes is helping Wisconsin to blaze forward in Big Ten

first_imgThe University of Wisconsin women’s soccer team has began their season on a hot 8-3-1 start and this has been largely due to the efforts of emerging sophomore star forward Dani Rhodes.Rhodes has been a massive part of the Badgers offense and has kept the Badgers in almost every game with her goal scoring abilities. She has already racked up an impressive nine goals this season, which makes her tied for 22nd in the entire NCAA and 3rd in the Big Ten.Women’s soccer: Badgers look to gain momentum in upcoming contest against NorthwesternThe University of Wisconsin women’s soccer team (9-3-2, 3-2-2 Big Ten) will finish up their Illinois road trip in Evanston Read…Her eight goals is already double the total that she had last year, and she still has at least six games remaining in Big Ten Conference play. She has completely lived up to her selection as a Preseason All-Big Ten Conference forward.This is not very surprising, considering she was selected as a member of the 2016 Big Ten All-Freshmen team last season and prior to that, she was named the 2015-16 Wisconsin Girls Soccer Gatorade Player of the Year. In addition to her success as as soccer star in high school, Rhodes also had significant success as a basketball player, as she was an honoree for the Wisconsin Girls Gatorade Player of the Year in basketball.This well rounded athleticism is crucial for the success that Rhodes is able to play today.She knows how to play aggressive and smart at the same time, and her multiple sport backgrounds in high school surely have played a major role in her playing abilities today. Not only was she one of the state of Wisconsin’s highest recruits, she was considered one of the top prep soccer players in the entire country.She has done nothing but live up to the hype, as she is already the top goal scorer on a team that is ranked in the top 25. Rhodes has been completely essential to the Badgers successful start to this season.The Badgers had to replace a lot of offensive firepower this season due to the losses of seniors Micaela Powers and Rose Lavelle to graduation, and Rhodes has done just that. Her efforts have fueled the Badgers by scoring a goal in a 1-0 victory over the No. 3 Virginia Cavaliers, a goal and an assist in a 3-1 victory over William & Mary, a goal in a 1-0 win over the Minnesota Gophers, two assists in a win over the Michigan State Spartans and two goals in a tie in a recent game against the Maryland Terrapins.Women’s soccer: Wisconsin, Maryland end game in tieOn Friday afternoon, the University of Wisconsin women’s soccer team left College Park, Maryland on a rather neutral note as Read…Although the Badgers’ defensive performances have been incredibly solid thanks to the contributions of Caitlyn Clem and the rest of the Badger defense, Rhodes is still the main reason that Badgers have gotten off to such a strong start. Following their 5-0 loss to then No. 2 overall Stanford Cardinals Aug. 20, the Badgers promptly responded with seven straight victories and Rhodes made many of those happen.It is incredible how she is able to carry an offense despite being only a sophomore. She already has more goals than either of the senior leading scorers from last season. If she keeps this development up, she will not only be the face of the Wisconsin Badgers and the Big Ten Conference, but possibly the entire NCAA Women’s Soccer league.With her talent and work ethic, she has a chance to be an All-American as early as next year. This is huge for an up-and-coming Wisconsin Badger soccer program that has a chance to be a contender in the Big Ten for years to come.Rhodes look to continue her offensive dominance Friday evening against the Purdue Boilermakers in the Badgers return to Madison. With as much success as she has been having this season, it is clear that Rhodes will be one of the lead scorers in the Big Ten, if not the nation.Women’s soccer: Wisconsin, Maryland end game in tieOn Friday afternoon, the University of Wisconsin women’s soccer team left College Park, Maryland on a rather neutral note as Read…The Badgers will look to Rhodes to help get their season and win streak back on track in the final three Big Ten regular season games before the Big Ten postseason tournament begins. If Rhodes and the Badgers end the season as hot as they were during their seven game winning streak, they have a chance to win the Big Ten Conference Tournament and possible even make a deep run in the NCAA tournament as well.last_img read more

MLB players reportedly want more games, no further salary cuts

first_imgPushing the regular season back into October and the postseason into November could risk postseason games being lost to a second wave of coronavirus. MLB generates the largest portion of its TV revenue from the postseason.One suggestion for a bridge to the differences would be deferring player salaries. It could be possible for players to still earn their full pro-rated salaries, but to have portions of that money deferred, with interest, into future seasons.The sides already agreed to defer portions of bonuses paid in the draft, which will be held next month. Scherzer added that MLB’s position would “completely change if all documentation were to become public information.”Players are skeptical of the owners’ contention that they would lose more money by playing than not playing if they have to pay players their full pro-rated salaries without being able to sell tickets to the games.Players will reportedly counter with an offer to play more games, up to 100 or 110. That could allow both sides to make more money if games later in the year could be played with fans.Related Articles Angels’ poor pitching spoils an Albert Pujols milestone Angels’ Mike Trout working on his defense, thanks to Twitter A day after Max Scherzer symbolically whistled a fastball past the heads of Major League Baseball owners, there was little public indication that the two sides had gotten any closer to a deal that would allow the sport to return this summer.On Wednesday night, Scherzer, a member of the executive committee of Players’ Assn., tweeted that players saw no reason to negotiate further salary cuts, as the owners had proposed.Players instead intended to submit a proposal to the owners that would call for a return with more games, according to multiple reports.Deferrals could also be a solution that would allow the players to collect their expected salaries while allowing owners relief from the short-term cash flow issues created by games without the revenue of ticket sales. Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img Angels fail to take series in Oakland, lose in 10 innings Angels manager Joe Maddon questions defensive metrics that rate Mike Trout poorly How Dodgers pitcher Ross Stripling topped the baseball podcast empire Both sides would like to have a pre-season training period start in mid-June and games begin around July 4, which likely would require an agreement within the first few days of June.Although there have been some reported differences between the sides on the health and safety measures required to play amid the COVID-19 pandemic, the primary stumbling block appears to be money.Owners on Tuesday submitted an offer to the players that would reduce their salaries on a sliding scale, with the highest paid players taking the largest cuts. While players making the minimum would see their salaries cut by about 8 percent, those at the top of the scale would lose about 56 percent.Those cuts would be on top of the pro-rated losses they players have already accepted simply by virtue of playing fewer games. The current proposal of an 82-game season would leave players earning half of their normal salary for 162 games.“After discussing the latest developments with the rest of the players, there’s no reason to engage with MLB in any further compensation reductions,” Scherzer wrote.last_img read more

Lawmakers ponder making cocktails-to-go permanent

first_imgDES MOINES — A committee in the Iowa Senate has narrowly approved a plan to give Iowa restaurants and bars permanent permission to sell mixed drinks to go.Governor Reynolds ordered restaurants and bars to close on St. Patrick’s Day due to the pandemic, but she issued a proclamation on March 31st that allowed bars and restaurants with a liquor license to sell carry-out cocktails along with carry-out food.Senator Claire Celsi, a Democrat from Des Moines, said she’s “no prude,” but continuing this practice now that bars and restaurants have been allowed to reopen is unwise.“We’re setting a terrible example for our youth, just having a cocktail culture in this state,” Celsi said, “and it’s getting worse and worse and worse.”Another senator suggested it’ll be easier for someone to pass mixed drinks to minors, making some 21-year-olds the “hit of the parking lot.” Senator Craig Johnson, a Republican from Independence, said the proposal does NOT lift the state ban on consumption of alcohol in a public place.“These are sealed drinks,” Johnson said. “It’d be no different that what you would buy in a convenience store, one off the shelf.”The proposal also would let the state’s vineyards sell so-called growlers that hold up to 72 ounces of wine and it would create a new state permit for selling beer and spirits at charity events. This package of changes in Iowa’s alcohol laws cleared the Senate State Government Committee on an 8-7 vote late Friday night and is eligible for debate in the full senate.last_img read more


first_imgVideo Preview – Donegal SFC Semi-finals from Jerome Quinn on Vimeo.Watch a preview of the 2011 Radio na Gaeltachta Donegal SFC Semi-finals, showing match action from three of the Quarter-finals – Kilcar beating Ardara, Glenswilly beating St Eunan’s, and St Michael’s beating Gaoth Dobhair. Glenfin will play St Michael’s while Glenswilly take on Kilcar.For more go to www.jeromequinnmedia.com.DDTV: JEROME QUINN’S VIDEO PREVIEW OF COUNTY CHAMPIONSHIP SEMI-FINALS was last modified: September 8th, 2011 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:kilcar glenswilly st michael’s glenfin jerome quinnlast_img read more

Five new free agents who fill a need on the Giants’ 2020 roster

first_imgThe Giants’ decision to non-tender center fielder Kevin Pillar on Monday was the clearest indication yet of what type of offseason fans should expect.President of baseball operations Farhan Zaidi insisted the move to part ways with Pillar was not financially motivated and instead indicated it was driven by a desire to give playing time to inexperienced options who could be a part of the team’s next core.If the Giants are focused more on the long-term health of their organization and less on …last_img read more

Green Specifications

first_imgOnce you have selected your green building products, it would be great if you could simply tell everyone, “Here—use these.” But it is rarely that simple. Everyone has project documentation that serves three purposes: getting everyone on the same page (literally), delivering information for bidding, and establishing binding trade contracts.How do selections, scopes of work, and specifications fit together?Previous blogs have covered green product selections and high performance scopes of work. Before we tackle what green specifications might look like, let’s make sure that we understand what these last two project elements are and whether your project needs them.Every building project can best be described by a combination of images and words, or drawings and specifications. The more complex the project, the more exacting both the drawings and the specifications are likely to be. Sometimes the specifications are brief enough that they are right on the drawings; other times they fill up a bulky three-ring binder.According to the Construction Specifications Institute (CSI) Manual of Practice, “Specifications define the qualitative requirements for products, materials, and workmanship upon which the contract is based.” Most full-blown specifications have three parts: General, Products, and Execution. The key is that the drawings and specifications are for everyone involved and cover the whole project.Scopes of work, on the other hand, pull the project apart to deliver binding contracts for each individual trade bidding and then working on the building project. If your project has both full-blown specifications and scopes of work, then it is critical that they align, particularly that the Execution section of the specifications aligns with each Scope of Work.Affordable housing specialist Armand Magnelli of Livable Housing Inc. thinks of project documentation this way: “If an architect is part of a building project, a full set of plans and specifications according to CSI divisions are in order. But most affordable rehab projects don’t involve an architect, the only plans may be a reconfigured kitchen layout, and the scopes of work for the general contractor and the trades are built from a library of action-item type specs.” So, in affordable housing rehab work, the terms specifications and scopes of work are used in a different way than in the world of commercial building.Lots of folks involved in the construction business, particularly general and trade contractors, are not particularly fond of being told how to do their business or with what materials and methods. And yet that is exactly what both specifications and scopes or work are about, particularly the latter. The complexity of your projects, the nature of your working relationships with your contractors, and legal dictates coming from your clients or your funding sources will likely determine what your specifications and scopes of work look like.Greening specificationsWhen you green your specs, by introducing resource- or energy-efficient methods or materials, here are the two questions you are most likely to have:Should the new green stuff be called out and emphasized to make sure that bidders take particular notice, or, should it be quietly woven in so that folks don’t make a bigger (and more expensive) deal out of the changes than they reasonably should?Do I place all the new green stuff throughout the body of the specs, or, do I gather it all into one place where everyone is sure to see it and it is easy to update over time?You won’t be surprised to hear that there are plenty of opinions and merit to go around for each of the answers to the above (For a great overview of issues related to green specifications, read the EBN feature article, “Getting from Design to Construction: Writing Specifications for Green Projects”. But for affordable gut rehab projects, here is what we think is likely to work best:Weave your green specs into your conventional ones. Neither hide nor call them out as “special” and couple with number 2.Establish the importance and purpose of going green in your general, overarching, or introductory specs. For some guidance on these early sections of your specs, see the GreenSpec “Introduction to Guideline Specifications”.Whenever you introduce new methods or materials, green or otherwise, bank on two actions:a. Do mock-ups so that everyone involved can see how things are supposed to look and work.b. Provide training, lessening the learning curve for bidders, supervisors, and field staff. A great website to learn more about training opportunities is the Neighborhood Stabilization Program Resource Exchange.Use a program of high performance scopes of work that knits together various trade contractors work with pre- and post-work checklists and performance-based verifications.Dealing with substitutionsIt’s not hard to find specs rather glibly spattered with the phrases “or approved equal” and “or equivalent.” It’s even more important in green specifications to:use this phrase only as you really need to, and,be very clear upon which attributes the determination of equivalency is based.There are a lot of green attributes that could be important in a green product specification—recycled-content, durability, reusability, emissions, biodegradability, etc. It will not be fair to you, the trade contractor, or the owner/occupants if it’s not clear from the get-go what will constitute a fair substitution. For an interesting cut on the issue of product substitutions from a legal perspective, see “Design and Performance Specifications and the ‘Approved Equal’”.Green specification resourcesThere are resources tailored specifically for the way in which affordable rehab projects are specced, bid, and built.“Green Single Family Rehabilitation Specifications 2008” from Enterprise Green Communities – This document has 40 different green specifications ranging from waste management to ventilation. Don’t leave home without these.Housing Developer Pro (HDP) from Community Development Software – HDP is a software product that automates several tasks for rehab specialists, including specification writing and generation of scopes of work. The ECP Green Rehab specs mentioned above are woven into HDP’s library of specifications.And if you just happen to be on a project with an architect and a full set of house plans, take a look at the Master Short Form Specifications (MSFS) and their approach to green specifications.last_img read more

Michigan State Football’s 2016 Recruiting Class Is Ranked Higher Than Every Other Class It Has Had In 21st Century

first_img247 Sports Team Rankings pits Tennessee as the top recruiting class.247 Sports Team RankingsIf you follow recruiting, or college football in general, you’re probably somewhat aware of the momentum Michigan State’s program has. Spartans’ quarterback Damion Terry probably summed it up best on Twitter this afternoon after his team landed another four-star recruit. Feels like every time I refresh my Twitter we get a new big time recruit#SpartanDawgs— Damion Terry (@DamionTerry) June 7, 2015He’s not wrong. Michigan State’s 2016 is shaping up to be really, really good.How good, exactly? The best-class-the-Spartans-have-had-in-the-21st-century good. On 247 Sports’ Team Rankings, Michigan State’s class is currently ranked No. 7 in the country. The Spartans’ previous best class of the 21st century was their 2000 class, which was ranked No. 8 in the country.  Screen Shot 2015-06-07 at 4.38.11 PM2000.  Screen Shot 2015-06-07 at 4.38.29 PM2016. Mark Dantonio with elite recruits is a scary thought for the rest of the country.last_img read more

Alabama Players Bash Fox Sports’ Clay Travis For Column On Cam Robinson, Hootie Jones

first_imgEarlier today, a Monroe, La., district attorney elected not to pursue charges against Alabama football players Cam Robinson and Hootie Jones due to insufficient evidence. When explaining his decision, the DA said he “refused to ruin the lives of two young men who have spent their adolescence and teenage years, working and sweating, while we were all in the air conditioning.”This apparently didn’t sit well with Fox Sports’ Clay Travis, who wrote a column lambasting the decision and insinuating that athletes don’t work that hard.“This is one of the most absurd clichés that has taken root in sporting life,” Travis wrote. “Athletes, at most, train 3-4 hours a day. Every doctor, lawyer, investment banker, accountant, teacher and fast food worker in the country works harder than an athlete does. In fact, there are no jobs in America that pay more for less work than athletics.”Two current Alabama players, quarterback Blake Barnett and defensive end Mekhi Brown, proceeded to blast Travis’ column on Twitter.Sounds like something an unathletic person would say. “Ignorance is bliss.” pic.twitter.com/phuc1teBwp— B² (@Blake8Barnett) June 20, 2016Great point. Funny how there’s a misconception about the work athletes put in. College athletes have 12+ hour days. https://t.co/78tZtVE86z— B² (@Blake8Barnett) June 20, 2016Put them in our shoes and they’ll quit lol. There is a reason why jobs prefer former athletes over the reg students https://t.co/HBrLgYG9PE— Khi (@MekhiBrownn) June 20, 2016mekhiNot to be outdone, Travis replied to Barnett’s tweet.Bama QB thinks athletes work hard compared to doctors, lawyers and investment bankers. So wrong. https://t.co/vkDvefxSU0— Clay Travis (@ClayTravis) June 20, 2016Barnett wasn’t finished though, and dropped a comeback to Travis’ response. @ClayTravis Sounds like you have the personal experience of being an athlete, doctor, lawyer, and investment banker.— B² (@Blake8Barnett) June 20, [email protected] You’re comparing something where there is no need for comparison. No need to dig through things to cause controversy.— B² (@Blake8Barnett) June 20, 2016The back-and-forth ended at that. We’re going to guess that Barnett and Brown’s tweets at Travis were very tame and composed compared to what some fans may have sent him. [AL.com]last_img read more