BEST OF THE BROKERS

first_img Tags: NULL Share ANGLO AMERICANMorgan Stanley downgrades Anglo American to “equalweight” from “overweight” and lowers its price target to 3,208p. Believes all the positives have been priced into the shares, which are trading at at a 10 to 15 per cent premium to the sector. Believes that investors should switch into Xstrata which it rates as “overweight”.INTERNATIONAL POWERUBS upgrades International Power to “Buy” post its deal with GDF Suez which it sees as a “win-win”. Says shareholders will get immediate share price upside as well as improved long-term growth. Sees little risk of the deal failing, and says IPR is now well positioned for future growth. Ups target to 410p from 320p.BARCLAYSSeymour Pierce reiterates its “hold” rating saying it is concerned that reports of BarCap cutting jobs indicates that revenue in the investment bank is disappointing. Notes that top line income at BarCap was down 32 per cent year-on-year in the first half. Advises caution, noting investment banking appears to be losing momentum. KCS-content whatsapp whatsapp BEST OF THE BROKERS Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot Wednesday 11 August 2010 7:44 pmlast_img read more

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The fat lady hasn’t sung

first_img whatsapp The fat lady hasn’t sung Wednesday 16 February 2011 8:28 pm Share THE across-the-board improvement in SocGen’s results will give some relief to chief executive Frédéric Oudéa after a ropey 2009.Analysts remain tepid on the stock but investors reacted positively yesterday with the share price gaining a solid 4.9 per cent by the end of the day.The bank still has to show that it can generate improved earnings while bringing its capital ratio in line with requirements: its core tier one ratio barely moved last year.But adding to the uncertainty is SocGen’s exposure to peripheral Eurozone economies: it has €2.7bn in net exposures to Greece, €2bn to Spain and €4.1bn to a sluggishly growing Italy.The combination means that, despite the progress, it is too soon to celebrate. More From Our Partners Fans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Tags: NULL whatsapp Show Comments ▼ KCS-content last_img read more

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Wellington Prop Reggie Goodes steamrolls a back after impressive run

first_imgFriday Sep 18, 2015 Wellington Prop Reggie Goodes steamrolls a back after impressive run Otago came from behind to stun Wellington 37-36 in a classic ITM Cup match at the Westpac Stadium in Wellington yesterday. With time just about up, Otago were trailing by six points, but ran half the field for Matt Faddess to score a converted try, and steal the victory.Otago actually trailed 23-36 with three minutes left, so this was a huge comeback. It was helped in part when the outstanding Ardie Savea was sinbinned in the final five minutes.Earlier in the game Otago prop Reggie Goodes made this barnstorming run, breaking the line with great acceleration then steamrolling the attempted tackle from winger Tony Ensor.Seeing the big guy in full flight was awesome, but the angle he took and the way he dealt with the – admittedly very brave – Ensor made the moment even more enjoyable to watch.After all, these type of mismatches are what makes rugby so unique. And sometimes painful.Watch extended highlights of this great match on the next pagecredit: NZAUTV Rugby UnionADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error See it to Believe it Related Articles 25 WEEKS AGO WATCH: Experts explain what actually happens… 26 WEEKS AGO WATCH: Leigh Halfpenny makes yet another… 26 WEEKS AGO Parisse alley-oop magic sets up brilliant… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living10 Types of Women You Should Never MarryNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

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Can Tòfol i n’Aina / TEd’A arquitectes

first_img Can Tòfol i n’Aina / TEd’A arquitectes CopyHouses•Illes Balears, Spain 2010 “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/142627/can-tofol-i-n%25e2%2580%2599aina-ted%25e2%2580%2599a-arquitectes Clipboard Houses ArchDaily “COPY” Architects: TEd’A arquitectes Year Completion year of this architecture project Text description provided by the architects. It was a very narrow and long plot. There was an existing construction with very small rooms without natural light. We had very long medians and very narrow façades at either end. Save this picture!Courtesy of TEd’A ArquitectesThe new volume, adapted to the existing structure, is organized into four separate volumes placed one after another with void interstices of one meter in between them. Save this picture!Courtesy of TEd’A ArquitectesThis organization generates a new interior volume. The repetition of three skylights coincides with the interstices, opening the roof and the floor of the first level while generating a new internal order composed from the rhythm: full-empty-full-empty-… Save this picture!Courtesy of TEd’A ArquitectesAt the same time, this new rhythm generates a double effect: first allowing the natural light to fall upon the ground floor, and secondly communicating visually both floor levels through the interstices.Save this picture!PlansProject gallerySee allShow lessJoe & Rika Mansueto Library / Murphy JahnSelected ProjectsUniversidad de Chile Soccer Club / PLAN ArquitectosArticles Share Can Tòfol i n’Aina / TEd’A arquitectesSave this projectSaveCan Tòfol i n’Aina / TEd’A arquitectes ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/142627/can-tofol-i-n%25e2%2580%2599aina-ted%25e2%2580%2599a-arquitectes Clipboard Save this picture!Courtesy of TEd’A Arquitectes+ 7 Share Projects Spain Year:  CopyAbout this officeTEd’A arquitectesOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesDabasHousesIlles Balears3D ModelingSpainPublished on June 14, 2011Cite: “Can Tòfol i n’Aina / TEd’A arquitectes” 14 Jun 2011. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPartitionsSkyfoldIntegrating Operable Walls in a SpaceGlass3MSafety Window Films in Associated Watch and Jewelry BuyersFaucetshansgroheKitchen Mixers – Talis MWindowsAir-LuxSliding Windows for High-Rise BuildingsSignage / Display SystemsGoppionDisplay Case – B-ClassGlassLAMILUXGlass Roof PR60Manuals & AdviceSikaFirestop SystemsMetal PanelsAmerican MetalcraftRainscreen – RS300Curtain WallsRabel Aluminium SystemsMinimal Curtain Wall – Rabel 35000 Slim Super ThermalWaste Containers / Recycling BinsPunto DesignLitter Bin – PapilonSound BoothsFramerySoundproof Phone Booths – Framery OneCarpetsnanimarquinaRugs – ShadeMore products »Read commentsSave想阅读文章的中文版本吗?Can Tòfol i n’Aina / TEd’A arquitectes是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

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House in Zakynthos / Katerina Valsamaki Architects

first_imgHouse in Zakynthos / Katerina Valsamaki ArchitectsSave this projectSaveHouse in Zakynthos / Katerina Valsamaki Architects Photographs:  Konstantinos Thomopoulos Structural Engineer:Chrysanthos KalligerosServices Engineer:George GiannopoulosConstruction:Katerina ValsamakiArchitect In Charge:Katerina ValsamakiCity:AmmoudiCountry:GreeceMore SpecsLess SpecsSave this picture!© Konstantinos ThomopoulosRecommended ProductsDoorsSaliceSliding Door System – Slider S20Enclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornDoorsEGGERWood Laminate Doors in Molecular Plant Science InstituteDoorsSky-FrameInsulated Sliding Doors – Sky-Frame ArcText description provided by the architects. Ammoudi House In Zakynthos: The house is located in the northeast corner of the Island of Zakynthos, in the summer village Ammoudi that means sandy beach and it is named after the small beach in front of the site. The house is designed for a three member family and their guests as a vacation house, but the design is flexible enough to serve as a permanent residence in the future.Save this picture!© Konstantinos ThomopoulosThe area has nothing vernacular but mainly summer dwelling sand hotels built amongst the beautiful natural landscape by the sea. The 2.5 acres plot has an irregular shape and a smooth slope. The plot faces a municipal low traffic road to the west, whilst it opens up to the sea to the east. The plot is densely planted, especially at its boundaries, with trees and vines creating a privategarden.Save this picture!© Konstantinos ThomopoulosSave this picture!Ground Floor PlanSave this picture!© Konstantinos ThomopoulosThe design is focused on integrating the building into the surrounding landscape of low vegetation, vineyards and olive trees, whilst ensuring that all significant areas of the house have a view of the sea. This parameter, dictated a mainly linear arrangement, where the living spaces are developed in the center and the sleeping areas are located on either side of the central space. The position, orientation and the height of the building make it almost invisible from the street, while it opens up completely to the sea.Save this picture!© Konstantinos ThomopoulosThe house is composed of three low volume sections following the gentle natural slope of the site and its height gradually increases from the road into the plot. This composition reduces the impact of the building volume on the natural and the built environment, since the long composition of the house is never perceived at once.Save this picture!SectionThe lowest section near the road is integrated with the southwest pergola that defines the entrance and it also connects all the sections together.A catwalk parallel to the southwest façade extends through a semi covered courtyard into the entrance of the house. The courtyard acts as part of the garden and it is directly accessible from the office/guestroom.Save this picture!© Konstantinos ThomopoulosThe main-central volume, which accommodates the living-communal areas,opens out through the large glazed screens to the sea and the stepped garden on the east and to the courtyard and the olive garden on the west. The internal spaces are visually extended with the construction of the pergolas. The transparency of the parallel glazed surfaces, which occupy the entire height of the space, strengthens the visual penetrability and eliminates the boundaries between the interior and the exterior. The occupants are fully in contact with nature and the changes of the natural light throughout the day and the year. All internal living areas can be converted into a large outdoor covered space when the sliding glass panels are opened. The spatial continuity is further reinforced by the uniform layering of the floor tiles from the inside to the outside.Save this picture!© Konstantinos ThomopoulosThe visual extension of the interior spaces is repeated by the stepped volumes of the sleeping areas.Save this picture!© Konstantinos ThomopoulosIndoor and outdoor, shaded or open spaces constitute three unities in relation to the functions of the house, to the expression of the degree of privacy and orientation.Save this picture!© Konstantinos ThomopoulosProject gallerySee allShow lessBlavatnik School of Government / Herzog & de MeuronSelected ProjectsBlues Design Office / D.I.G ArchitectsSelected Projects Share Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/783171/house-in-zakynthos-katerina-valsamaki-architects Clipboard House in Zakynthos / Katerina Valsamaki Architects Photographs Greece ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/783171/house-in-zakynthos-katerina-valsamaki-architects Clipboard “COPY” CopyHouses•Ammoudi, Greece Houses Projects 2015 Architects: Katerina Valsamaki Architects Area Area of this architecture project ArchDaily Save this picture!© Konstantinos Thomopoulos+ 28 Share Area:  275 m² Year Completion year of this architecture project CopyAbout this officeKaterina Valsamaki ArchitectsOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesAmmoudiGreecePublished on March 08, 2016Cite: “House in Zakynthos / Katerina Valsamaki Architects” 08 Mar 2016. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogMetal PanelsAurubisCopper Alloy: Nordic BrassGlassMitrexSolar GreenhouseLouvers / ShuttersTechnowoodSunshade SystemsFaucetsDornbrachtKitchen Fittings – EnoWoodSculptformTimber Tongue and Groove CladdingMembranesEffisusFaçade Fire Weatherproofing Solutions in Design District Project LondonHanging LampsLouis PoulsenPendant Lights – KeglenBlinds / Mosquito Nets / CurtainsBANDALUXPleated ShadesEnclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEAWoodBlumer LehmannCNC Production for Wood ProjectsMaterials / Construction SystemsCaneplex DesignPoles – Tonkin BambooFibre Cement / ConcreteTegralFibre Cement Slate Roofing – Thrutone Endurance SmoothMore products »Read commentsSave想阅读文章的中文版本吗?扎金索斯岛上的住宅 / Katerina Valsamaki Architects是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream “COPY”last_img read more

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New e-mail list for UK annual giving fundraisers

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Howard Lake | 12 October 2000 | News 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. New e-mail list for UK annual giving fundraisers  22 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 For a list of the many other e-mail discussion lists for fundraisers, read UK Fundraising’s list of lists. A UK annual giving e-mail discussion list has been set up by Adrian Beney at the University of Durham. The AnnualGiving list is a discussion forum hosted by the University of Durham primarily for those in the UK and Europe who are interested in developing expertise and understanding of educational Annual Giving in all its forms.A UK annual giving e-mail discussion list has been set up by Adrian Beney at the University of Durham. The AnnualGiving list is a discussion forum hosted by the University of Durham primarily for those in the UK and Europe who are interested in developing expertise and understanding of educational Annual Giving in all its forms.To join send a message to [email protected] with the message “subscribe annualgiving” in the body of the message. Advertisement read more

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High Point Academy Celebrated 50 Years through Special Time Capsule Ceremony

first_imgEVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,PCC – EducationVirtual Schools PasadenaDarrell Done EducationHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Make a comment 5 recommended0 commentsShareShareTweetSharePin it Your email address will not be published. Required fields are marked * More Cool Stuff High Point Academy, the independent and coeducational K-8 school in the Pasadena foothills, dedicated a time capsule in celebration of the school’s 50th anniversary which contains mementos from students of the 2016 school year. The capsule is expected to be opened in 2041 after 25 years and will be buried underneath a new student created mural.We will stash bits and pieces of things we love at High Point so people in the future can get a glimpse of what we enjoyed and what we felt was important,” said High Point Academy Headmaster Gary Stern.Students eagerly gathered on the bleachers of the school field Friday morning to get a first hand glimpse of the roughly two foot by one foot aluminum box that would house their special mementos for two and a half decades to come.Stern discussed the importance of a time capsule and the tradition is serves in many institutions. He referred to companies like Apple and visionaries such as Steve Jobs whose remarkable legacy was once documented when he put the first Apple computer mouse in a capsule in 1983 that was unearthed thirty years late in 2013.“There’s more to a time capsule than leaving a remnant of who we are or what we like to do. We also leave our hopes for the future, one that’s even better than the present that we enjoy right now,” said Stern.Each grade from K-8 contributed an item to place in the capsule that would remain until its unearthing for High Point Academy’s 75th anniversary. Items included a compass, an Iphone 4, photos of students, books, student made dvd footage that details life at High Point Academy and various handmade gizmos that represent the students of 2016.“We happily welcome the opportunity to let other decades from now know what gave us joy and enriched our lives at High Point in 2016,” said Stern.The curious nature of the students and the sense of wonder that comes from thinking about the future sparked interesting predictions that students included in the capsule. Their idea of life in 2041 included hyperloop trains, a solar powered planet, a United States female president, colonization of the moon and proving the existence of extraterrestrial life to name a few.The time capsule is going to be buried during summer break in the campus’ main planter underneath the newly designed tiled mural in which every student at High Point had the opportunity to paint a tile throughout the present school year as a special way to commemorate the 50th Anniversary.Only time will tell what the world will be like in 25 years, but future students of High Point Academy will be presented with a reminder of what life was like in 2016.“What matters today are the wishes that we leave for the High Pointer’s of the future,” said Stern.High Point Academy, 1720 Kinneloa Canyon Rd, Pasadena, (626) 798-8989 or visit www.highpointacademy.org. Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy center_img Education High Point Academy Celebrated 50 Years through Special Time Capsule Ceremony By BRANDON VILLALOVOS Published on Friday, May 27, 2016 | 4:21 pm HerbeautyAncient Beauty Remedies From India To Swear By For Healthy SkinHerbeautyHerbeautyHerbeautyShort On Time? 10-Minute Workouts Are Just What You NeedHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeautyA Dark Side Of Beauty Salons Not Many People Know AboutHerbeautyHerbeautyHerbeauty10 Brutally Honest Reasons Why You’re Still SingleHerbeautyHerbeauty Community News First Heatwave Expected Next Week Subscribe Name (required)  Mail (required) (not be published)  Website  Business News Top of the News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

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Fate of Pasadena Location Unknown as California Pizza Kitchen Files for Bankruptcy

first_imgBusiness News Fate of Pasadena Location Unknown as California Pizza Kitchen Files for Bankruptcy Fate of Pasadena location is unknown By AARON HARRIS Published on Thursday, July 30, 2020 | 2:29 pm California Pizza Kitchen filed for Chapter 11 bankruptcy on Thursday and became the latest fast casual chain to file for bankruptcy as the pandemic and its debt burden hampers its operations.However, the fate of the chain’s Pasadena store on Los Robles Avenue is unknown. While the company warned that it will close unprofitable locations, it did not say how many of its 200 global restaurants will be affected.“The unprecedented impact of Covid-19 on our operations certainly created additional challenges, but this agreement from our lenders demonstrates their commitment to CPK’s viability as an ongoing business,” CEO Jim Hyatt said in a release.CPK secured nearly $47 million in new financing to ensure operations continue normally. It has around $13 million cash on hand and hasn’t paid rent for the past several months on a majority of its locations.The temporary closure of indoor dining has also been brutal for the company, because on-premise dining makes up 80% of its sales, the company said in a filing. Revenues are currently down 40% compared to the same time a year ago.Restaurants, in particular casual chains like CPK, have been struggling in recent few months. The closure of in-person dining in some states and the rough economics of using third-party apps like Uber Eats or DoorDash — which increase restaurants’ costs and encourage diners to eat at home — is a losing proposition for many. Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community News Subscribe CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy STAFF REPORT First Heatwave Expected Next Week More Cool Stuff Make a comment Top of the News center_img Community News Business News 66 recommended0 commentsShareShareTweetSharePin it faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Darrel Done BusinessVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Your email address will not be published. Required fields are marked * HerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeauty10 Special Beauty Tips That Make Indian Women So BeautifulHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeautyHerbeautyAmazing Sparks Of On-Screen Chemistry From The 90-sHerbeautyHerbeautyHerbeautyVictoria’s Secret Model’s Tips For Looking Ultra SexyHerbeautyHerbeautyHerbeautyThink The Lost Weight Won’t Be Regained If You Stop Eating A Lot?HerbeautyHerbeauty Name (required)  Mail (required) (not be published)  Website  EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

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Mortgage Performance Improves Across the Board For Eight National Banks

first_img Share Save  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Mortgage Performance Improves Across the Board For Eight National Banks Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Mortgage Performance Improves Across the Board For Eight National Banks The Week Ahead: Nearing the Forbearance Exit 2 days ago June 25, 2015 1,035 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily center_img Previous: CFPB Publishes Nearly 8,000 Consumer Complaint Narratives For the First Time Next: Home Value Forecast Examines Criteria for Institutional Investor Purchases Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: First-lien mortgage performance Foreclosures Loan Modifications OCC Office of the Comptroller of the Currency The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Market Studies, News Approximately 94.2 percent of first-lien mortgages serviced by eight national banks were current and performing at the end of the first quarter, an improvement of more than a full percentage point from a year earlier, according to the Office of the Comptroller of the Currency’s Q1 2015 Quarterly Mortgage Metrics Report released Thursday.The eight national banks covered in the OCC’s report are (alphabetically) Bank of America, JPMorgan Chase, Citibank, HSBC, OneWest Bank, PNC, U.S. Bank, and Wells Fargo. The mortgages covered in the OCC’s report comprised 43.9 percent of all outstanding residential mortgages in the country, which total 22.7 million loans and approximately $3.8 trillion in unpaid principal balance.Mortgage performance improved across the board for the eight national banks in Q1. The share of performing first-lien mortgages improved from 93.1 percent up to 94.2 percent, the share of mortgages that were 30 to 59 days overdue declined by 7 percent year-over-year in Q1 down to 1.9 percent, and seriously delinquent mortgages (60 or more days overdue or held by bankrupt borrowers who are more than 30 days past due on their payments) made up 2.6 percent of the portfolio in Q1, a year-over-year decline by 16.4 percent, according to OCC.Foreclosure activity declined substantially year-over-year in Q1. The number of properties in the process of foreclosure as of the end of the quarter dropped down to 299,424, a decline of 30.8 percent from the same quarter a year earlier. The nearly 300,000 loans in the process of foreclosure during Q1 comprised about 1.3 percent of the loans in the portfolio. Foreclosure starts declined year-over-year by 8.6 percent in Q1, down to 83,058, while foreclosure completions dropped by 31.5 percent year-over-year down to 38,509. The OCC cites improved economic conditions and foreclosure prevention actions as the reason for the substantial decline in foreclosure activity during Q1.Home retention actions such as modifications, trial-period plans, and shorter-term payment plans totaled 188,816 in Q1, a decline of 20.6 from the same quarter a year earlier. More than 89 percent of loan modifications reduced monthly principal and interest payments, and more than 55 percent of modifications reduced monthly payments by 20 percent or more. Borrowers saved an average of $271 per month on mortgage payments with modifications in Q1, according to OCC. Meanwhile, home forfeiture actions such as completed foreclosures, short sales, and deeds-in-lieu of foreclosure totaled 47,430 during the quarter.According to OCC, out of the nearly 3.7 million modifications implemented from a seven-year period from January 1, 2008 through December 31, 2014, approximately 53 percent of them were active as of the end of Q1 2015 while 47 percent of them had exited the portfolio through either payment in full of the mortgage, involuntary liquidation, or a transfer to a servicer that was not part of the portfolio. Out of those 53 percent of active modifications at the end of Q1, totaling approximately 1.97 million mortgages, 72.2 percent of them were current and performing, 22.4 percent of the loans were delinquent, and 5.5 percent of them were in the process of foreclosure, the OCC reported. Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles The Best Markets For Residential Property Investors 2 days ago First-lien mortgage performance Foreclosures Loan Modifications OCC Office of the Comptroller of the Currency 2015-06-25 Brian Honea 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. Subscribelast_img read more

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‘Matter Of Govt Policy’: Madras HC Dismisses Plea For Reduction In Salary Of Government Servants [Read Order]

first_imgNews Updates’Matter Of Govt Policy’: Madras HC Dismisses Plea For Reduction In Salary Of Government Servants [Read Order] Akshita Saxena27 April 2020 1:45 AMShare This – xThe Madras High Court last week refused to order a reduction in salaries of Government employees during the lockdown period, while holding that the same is a matter of government policy. A division bench comprising of Justice M. Sathyanarayanan and Justice M.Nirmal Kumar was hearing a PIL filed by K. Amsa Kannan, 12th Ward Union Councilor of Thiruvannamali Panchayat…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 last week refused to order a reduction in salaries of Government employees during the lockdown period, while holding that the same is a matter of government policy. A division bench comprising of Justice M. Sathyanarayanan and Justice M.Nirmal Kumar was hearing a PIL filed by K. Amsa Kannan, 12th Ward Union Councilor of Thiruvannamali Panchayat Union, Thiruvannamalai. The Petitioner had contended that as a consequence of the lockdown, many Governments servants were not discharging their duties and it would be a colossal waste to pay them the full salary. She had thus sought a direction to the government of Tamil Nadu to deduct the payment of salary from the government servants. The Petitioner further contended that her request was not an alien one, considering the fact that various state governments viz. the states of Telangana, Uttar Pradesh, Madhya Pradesh, Odissa, Chattisgarh and Uttarkhand had already ordered reduction of certain percentage of the salary from the government servants. However refusing indulgence in the matter, the bench said, “In the considered opinion of the Court, the prayer sought for by the petitioner cannot be granted for the reason that the policy decision in this regard, is left with the State Government and this Court cannot issue a positive direction towards deduction of the portion of the salary.” The court also refused to make a direction to the state government to consider the Petitioner’s representation in this behalf and remarked, “The petitioner is neither having a statutory or legal right to compel the State Government to take a decision in this regard.” Case Details: Case Title: K. Amsa Kannan v. Govt. of Tamil Nadu Case No.: WP No. 7505/2020 Quorum: Justice M. Sathyanarayanan and Justice M. Nirmal Kumar Appearance: Advocate N. Mahendra Babu (for Petitioner); Government Pleader V. Jayaprakash Narayanan (for State) Click Here To Download Order Read order Next Storylast_img read more

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