Study: Road to Housing Recovery will be ‘Longer and Bumpier’

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Affordability Home Prices Housing Chartbook refinancing Wells Fargo Economics Group 2014-06-11 Colin Robins Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Headlines, Market Studies, News Subscribe Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: HUD Settlement Creates Housing Opportunities for People with Disabilities Next: Job Growth Outpacing New Home Construction Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Demand Propels Home Prices Upward 2 days agocenter_img Demand Propels Home Prices Upward 2 days ago  Print This Post June 11, 2014 1,452 Views Sign up for DS News Daily Tagged with: Affordability Home Prices Housing Chartbook refinancing Wells Fargo Economics Group Colin Robins is the online editor for DSNews.com. He holds a Bachelor of Arts from Texas A&M University and a Master of Arts from the University of Texas, Dallas. Additionally, he contributes to the MReport, DS News’ sister site. Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Colin Robins Study: Road to Housing Recovery will be ‘Longer and Bumpier’ The Wells Fargo Economics Group released its Housing Chartbook for May 2014. The group found that most markets are finding themselves “wildly out of balance” from inflated home prices driven by investor purchases, as well as exceptionally tight inventories that are well ahead of any improvement in demand.The group said that the “lack of a rebound in home sales this spring has reinforced our view that there was more than harsh winter weather behind the recent slide in home sales and mortgage applications.” The group notes that the road to housing recovery will be longer—and much bumpier—than expected.Housing demand is still reeling from last spring’s spike in mortgage rates. The Wells Fargo Economics Group commented that a 70-basis point rise in mortgage rates coupled with a 6.2 percent rise in prices resulted in a 17.1 percent jump in monthly principal and interest payments. Payments on an existing home, irrespective of a slight dip in home prices, have risen 11.9 percent. Consumer confidence in purchasing a new home within six months fell in May to 4.9 percent, below the 12-month moving average of 5.7 percent.Overall economic growth will also hamper housing growth, according to the group from Wells Fargo. Real GDP is expected to rise just 2.0 percent in 2014, with new home sales and single-family housing starts expected to rise much more slowly. The group forecasts that new home sales will climb 8.4 percent to 465,000 units, while single-family housing starts will climb 10.9 percent. New home prices will moderate, rising just 2.6 percent to $276,000 in 2014.Refinancing activity is also expected to slow down. “The refinancing share of mortgage activity rose to 52.2 percent, up from 48.7 in early May, which was the lowest share since July 2009. Recent gains in refinancing activity are not sustainable, however, as rates will eventually increase,” the group said. Mortgage applications also are down, falling in five of the past six weeks.Housing starts continued to improve, rising for the third consecutive month in April and nearly offsetting the December and January weather-related drop. The improvement might be short-lived, however, as the level of permits is running well below starts. Permits rose just 0.3 percent in April, which will restrain future completions, further limiting inventory and exacerbating problems with affordability.Existing home sales rallied slightly in April, up 1.3 percent after three consecutive months of decline. Distressed sales accounted for 15 percent of activity and all-cash transactions edged slightly higher to 18 percent. First-time home buyers have risen from recent lows, but remain well short of long-term trends. Easing of credit conditions and inventory remain the key factors for near-term sales, but the group doesn’t believe that credit conditions will ease up in the coming months. The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Study: Road to Housing Recovery will be ‘Longer and Bumpier’last_img read more

Fed Owns Nearly 30 Percent of All Outstanding MBS

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: What’s on the Horizon for Existing Home Sales? Next: Building Not Keep Up With Inventory Needs Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Bing bai Federal Reserve Laurie Goodman MBS Securities The Urban Institute U.S. Treasury 2017-11-03 Dean Terrell The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save in Daily Dose, Featured, Government, Journal, News Fed Owns Nearly 30 Percent of All Outstanding MBS November 3, 2017 2,996 Views Related Articles  Print This Post Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Federal Reserve’s plan to reduce the amount of agency mortgage-backed securities (MBS) and U.S. Treasury securities (Treasuries) it owns will run off slower than its targeted amounts, according to a recent report from the Urban Institute titled “Normalizing the Federal Reserve’s Balance Sheet: The Impact on the Mortgage-Backed Securities Market.” The authors of the report, Laurie Goodman, Codirector of the Housing Finance Policy Center, and Bing Bai, a research associate for the Urban Institute, examine the Fed’s near-term path mortgage portfolio to understand when the portfolio will normalize.Starting in November 2008 and ending in September 2014, The Federal Reserve began buying large quantities of assets from the private sector as a method of quantitative easing. As of September of this year, the Fed now owns $1.77 trillion of MBS (nearly 29 percent of all outstanding MBS) and $2.45 trillion of treasuries. Based on similar assumptions made by the Fed, Goodman and Bai believe there will still be $1.18 trillion of MBS on the Fed’s books after their balance sheet normalizes. The researchers also believe the Fed should take advantage of the investment period left to do more rebalancing, as well as take additional action to help launch the single government-sponsored enterprise security.Based on assumptions from two separate surveys of primary dealers and market participants released by the Fed in July 2017, the researchers found the Fed’s baseline portfolio in 2025 will be $2.84 trillion. This is larger than levels prior to the crisis but smaller than the current level of $4.46 trillion. As the winding down of begins, the projected mortgage runoffs during the first year will total $197 billion, providing a $120 billion runoff and a $77 billion reinvestment. The Institute believes for the first year and the year after, the paydowns in this base case generated by the portfolio will be insufficient for covering the targeted runoff. Regarding treasuries, Goodman and Bai project there will be $369 billion in paydowns in the first year, producing a $175 billion runoff and $194 billion reinvestment. To read the full report and the researchers’ recommendations, click here.      The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Bing bai Federal Reserve Laurie Goodman MBS Securities The Urban Institute U.S. Treasury About Author: Dean Terrell Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Fed Owns Nearly 30 Percent of All Outstanding MBSlast_img read more

New York Buys Distressed Mortgages to Fight Zombie Homes

first_img New York Gov. Andrew Cuomo has announced that the state, working through its Community Restoration Fund, has purchased 172 distressed mortgages in high-foreclosure areas, hoping to help keep the homeowners in their homes and avoid letting more abandoned properties fill the market. To date, the Fund has invested around $10 million and purchased 570 distressed mortgages, according to Newsday.In a news statement, Cuomo said, “New York continues to fight the spread of Zombie properties by supporting homeowners seeking the American Dream and investing in at-risk neighborhoods. Through this transformative program, New Yorkers are provided the tools they need to make critical home improvements while helping communities grow stronger in every corner of the state.”Newsday reports that this latest round of purchases was funded through a mixture of more than $35 million in “privately funded debt and equity investments” and around $3 million from state settlements with lenders over foreclosure abuses. While state officials said that the primary goal was to keep the affected homeowners in their homes, the program could make some of its money back if those homeowners resume making mortgage payments.Carol Yopp, Director of Counseling at the Long Island Housing Partnership, said that helping homeowners avoid foreclosure would “ stabilize the neighborhood and have a homeowner back on the tax rolls.”While foreclosure rates have been trending downward nationwide, PropertyShark’s annual foreclosure report recently found that New York City had 3,306 homes scheduled for auction in 2017, a year-over-year increase of 58 percent. However, the number of homes entering the foreclosure process with the receipt of a lis pendens notice—a formal notice of intent to foreclose, sent from the lender to the borrower after several months of delinquency—continued the downward trend of previous years. New York City recorded 12,072 new filings in 2017, which amounted to a four percent year-over-year decrease. That’s the lowest total in a decade, with the exception of 2011’s 10,911 filings throughout the city.The state has also been moving to fight urban blight and abandoned “zombie homes” in a variety of ways. The state is considering fast-tracking foreclosure laws as other states such as Ohio and Maryland have, and in June 2016 Gov. Cuomo set up a consumer hotline to take reports of zombie properties, of which there are an estimated 6,000 within the state of New York alone. According to a yearlong Newsday analysis, vacant properties cost Long Island at least $295 million in depreciated home values.Recently, the LegalShield Foreclosure Index, one of five indices tracking multiple key economic indicators published monthly by LegalShield, dropped nearly 20 percent year-over-year, showcasing a continued national downward trend in foreclosure starts. According to the Foreclosure Index, “a recent surge in long-term interest rates has driven mortgage rates to their highest levels since 2014, which could lead to increased financial stress for homeowners with an adjustable-rate mortgage. For the time being, however, foreclosures are likely to remain muted, as the LegalShield Foreclosure Index—which is calibrated to provide an early warning signal to the market of an impending rise in foreclosure activity—points to minimal foreclosure activity in the next 2-3 months.” Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Andrew Cuomo Community Restoration Fund distressed mortgages Foreclosure Foreclosure Alternatives Mortgage Delinquencies New York The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago New York Buys Distressed Mortgages to Fight Zombie Homes Share Save The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: David Wharton Related Articles Previous: For Single-Family Rentals, Low Vacancy Rates Mean Rent Growth Next: Early-Stage Mortgage Delinquencies Dropped in Q4 2017 Governmental Measures Target Expanded Access to Affordable Housing 2 days ago February 12, 2018 2,766 Views Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Foreclosure, Headlines, Journal, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post Andrew Cuomo Community Restoration Fund distressed mortgages Foreclosure Foreclosure Alternatives Mortgage Delinquencies New York 2018-02-12 David Wharton Subscribe Sign up for DS News Daily Home / Daily Dose / New York Buys Distressed Mortgages to Fight Zombie Homeslast_img read more

The Impact of Price Trends on Mortgage Defaults

first_img  Print This Post Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Data Provider Black Knight to Acquire Top of Mind 2 days ago A number of factors drive default rates in mortgage, but a new study by Collateral Analytics has found that price uncertainty and actual and expected home equity are important drivers.To reach this conclusion, researchers  Dr. Michael Sklarz, Dr. Norman Miller, and Anthony Pennington-Cross analyzed the typical pattern of mortgage default in response to negative price trends and high loan-to-value (LTV) mortgages using Chula Vista, California as an example since it was a market with higher than average LTV loans. Then they compared several local markets in San Diego County by ZIP code where average LTVs and the use of mortgages varied systematically to create a map of ZIP codes with default rates.Explaining their rationale behind the study, the researchers said, “When home values decline to the point where borrowers have no equity or negative equity, and they see no immediate reversal in local price trends, they often decide to default. This is sometimes called “rational default” or “strategic default”, and while it may affect credit ratings for some time, U.S. borrowers know they will seldom be chased for mortgage balance deficiencies. This encourages the decision to default when the mortgage balance appears to exceed the value of the home. This creates a situation where mortgage lenders are on the short end of a “heads I win, tails you lose situation”. If prices go up, borrowers’ benefit, but if prices go down too far, the mortgage lender suffers.”Looking at Chula Vista, the researchers found that loans originated in 2000, 2001, 2002, and 2003 were the beneficiaries of strong price increases of 12 percent, 14 percent and 25 percent in average home prices, so when prices reversed in 2006 “there was still sufficient cushion to preserve real home equity” when other factors for default such as income to mortgage payment ratio, credit behavior, job loss, and available liquid assets to make mortgage payments were not taken into consideration.However, mortgage loans originated in 2004 saw increasing default rates peaking out in 2007 as home prices started to decline. The study found that of the loans originated between 2005 and 2007 at the peak of home prices during that cycle, half or more defaulted in the subsequent years. “The high LTV loans declined as subprime loans disappeared, however, the FHA and loan modifications allowed many homeowners to continue with high LTVs through 2012,” the study revealed.Expanding this example to other markets, the researchers observed that markets with higher LTV mortgages and similar price trends as Chula Vista defaulted at much higher rates, making it clear that “home price trends dominate the decision of home borrowers to default.” Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: Regulation Vs. Added Costs Next: Top 5 Affordable Markets Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Foreclosure, News The Best Markets For Residential Property Investors 2 days ago Related Articles December 5, 2018 5,841 Views Share Save The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Radhika Ojha Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / The Impact of Price Trends on Mortgage Defaults 2018-12-05 Radhika Ojha The Impact of Price Trends on Mortgage Defaults Sign up for DS News Daily Subscribelast_img read more

Millennials Buy Into the American Dream

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago January 21, 2019 1,810 Views Homeownership might not be an immediate option for many millennials, but according to a study by Clever Real Estate, it remains a core component of the American Dream for 84 percent of potential homeowners of this generation. And, this generation is here to stay not only as homebuyers but also as investors in real estate, the study revealed.For the study, Clever Real Estate conducted a survey of 1,000 homebuyers who were planning to purchase a new home within the next year. Fifty-one percent of these respondents were aged between 18 to 34 years (the age-group classified as millennials).The study revealed that millennials were 52 percent more likely than Baby Boomers or Gen-X to invest in property with 9 percent of those surveyed saying that they were interested in renting out new properties for passive income.Looking at why millennials were buying homes, the study found that the need for more space was the number one reason that was driving more millennials towards homeownership. Fifty-four percent millennials cited it as a reason. This was closely followed by the belief that real estate was a sound investment (43 percent), it’s more affordable than renting (43 percent), and the need for more privacy (38 percent).Millennials weren’t afraid of buying fixer-uppers either with around 68 percent of those surveyed noting that they were willing to purchase a home that required repairs. However, the study pointed out that millennials failed to realize that a home needing major repairs was more likely to hurt them than save money.Citing a report by Home Advisor, the study said that the average cost to remodel a bathroom in 2018 was $9,742, whereas a kitchen was $22,145.7 and that debt-ridden millennials or those struggling to save enough for a down payment “should think twice before investing in a home in need of immediate, structural repairs.”With down payment one of the biggest obstacles cited by millennials to homeownership (37 percent), the study indicated that 31 percent millennials were looking to purchase more affordable homes in the $100,000 to $199,999 price range.Click here to read the full study. Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save Sign up for DS News Daily Millennials Buy Into the American Dream The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days agocenter_img Tagged with: Clever Real Estate Home Homebuyers Homeownership HOUSING Investment Millennials real estate in Daily Dose, Featured, Market Studies, News About Author: Radhika Ojha Subscribe Related Articles  Print This Post Previous: Why Are Home Sellers Willing to Negotiate? Next: An Eye on Real Estate Closings Data Provider Black Knight to Acquire Top of Mind 2 days ago Clever Real Estate Home Homebuyers Homeownership HOUSING Investment Millennials real estate 2019-01-21 Radhika Ojha Home / Daily Dose / Millennials Buy Into the American Dream The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Studying the Affordability Crisis Across America

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Commentary from city leaders of Minnesota and New York said that all Americans should have access to homeownership, but “we are failing badly” at achieving this ideal, according to insight from City Lab. “In Brooklyn and Minneapolis, where we are city council members, skyrocketing prices push families out of the neighborhoods where they’ve lived for years,” the commentary said. “It’s impossible for young people to find a place to rent, much less own. Homelessness is at record levels, and in cities like Detroit, as many as one in five renters face eviction, part of a nationwide eviction epidemic.”The authors of the piece—Lisa Bender, President of the Minneapolis City Council and Brad Lander, Deputy leader for policy for the New York City Council—are members of Local Progress and last week began a three-day event in Durham, North Carolina, to address housing issues. Local Progress is a national network of “progressive elected officials” from cities and other local governments across the country. “Seventy years ago, the Housing Act of 1949 set the goal “of a decent home and a suitable living environment for every American,” but it has been decades since Washington was of any real help on affordable housing,” the authors wrote.The commentary adds that the removal of exclusionary zoning and building more housing is necessary to address the “imbalance of supply and demand,” but alone will  not solve for displacement and eviction. A report by the Los Angeles Times reveals that single-family zoning in California will soon be a thing of the past, as legislation is making it easier for homeowners to convert garages into residential spaces and freestanding homes. “We’re on the precipice of single-family zoning functionally not existing,” said Ben Metcalf, former Director of the state’s Department of Housing and Community Development.Durham, North Carolina, in September amended ordinances for higher density, “undoing decades-old vestigaes” of discrimination that have prevented African-Americans from owning homes. The ordinance, known as “Expanding Housing Choices,” amends zoning rules in areas near downtown to allow for higher density. City and county planners believe this could stabilize home prices as the market grows. Oregon’s HB 2001 went into effect on August 8, and mandates that cities with a population of more than or equal to 25,000 to allow middle-housing types on lots previously earmarked for the development of detached single-family housing.  Previous: Top Markets for Home-Flipping Investors Next: Residential Real Estate on “Shaky Ground” in Daily Dose, Featured, News Subscribe Demand Propels Home Prices Upward 2 days ago About Author: Mike Albanese Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post Housing Crisis Housing Market 2019 2019-10-14 Mike Albanese Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Savecenter_img Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Studying the Affordability Crisis Across America Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago October 14, 2019 990 Views Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: Housing Crisis Housing Market 2019 The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Studying the Affordability Crisis Across Americalast_img read more

The Ticking Clock of Mortgage Delinquency

first_img About Author: Chuck Green Subscribe The Best Markets For Residential Property Investors 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Deeply Delinquent Loans 2020-08-21 Christina Hughes Babb While total past due mortgage flashed improvement last month, serious delinquencies saw an uptick while prepayment activity bolted to a 16-year high, according to Black Knight.In July, mortgage delinquencies trailed off 9% from June, with more than 340,000 fewer past dur mortgages compared to the month before.Meantime, early-stage delinquencies—loans with a single-missed payment—trekked below levels preceding COVID-19. That implies a recession in initial inflow of new pandemic-related delinquencies. That said, there was a surge in of 376,000 in serious delinquencies, which are those past due by at least 90 days. Contrasted to the pre-pandemic levels, they’ve now bounced more than 1.8 million.Because of widespread moratoriums, foreclosure levels remain muted. That said, starts ascended for the month while overall activity hasn’t budged from close to historic lows.As low rates remain on course to fuel the volume of both refinance and purchase activity, for the month, there was a slight bump in prepayment activity, finding its high water monthly mark since early 2004.Among a number of “first-look” at July month-end mortgagee statistics items from Black Knight:Total U.S. loan delinquency rate, which are loans past due by at least 30 days, but not in foreclosure:   6.91%Month-over-month change: -8.91%Year-over-year change: 99.96%A total of 0.36% total U.S. foreclosure pre-sale inventory rateMonth-over-month change: -1.80%Year-over-year change: -28.04%Total U.S. foreclosure starts: 9,900Month-over-month change: 67.80%Year-over-year change: -74.74%At 11.77%, Mississippi led the list of the five states by “non-current” percentage. “Non-current” totals combine foreclosures and delinquencies as a percent of active loans in that state. It was followed by Louisiana, 11.77%; New York, 9.66%; Hawaii, 9.60%, and New Jersey, 9.33%. On the other side of the ledger, Colorado, 4.75%, led the way among the bottom five states in that category, with Oregon nipping at its heels at 4.66%. The pack was rounded out by Montana, 4.51%; Washington, 4.36%; and Idaho, 3.82%.Flashing back, 7.3% of mortgages were behind by at least 30 days in May, according to CoreLogic. Reverberations of the recession on loan performance were the culprit.In the months preceding COVID-19, there were indications of sustained improvement in the performance of the U.S. mortgage. Meantime, the national unemployment rate mirrored a 50-year floor in February, while, overall, the delinquency rate absorbed a 27-month drop.The U.S. serious delinquency rate’s expected to quadruple in 2021, says CoreLogic. If that becomes reality, 3 million homeowners would be propelled into serious delinquency without additional government programs and support.As 2021 winds down, CoreLogic forecasts the U.S. serious delinquency rate to quadruple. That would propel 3 million homeowners into serious delinquency. August 21, 2020 1,986 Views Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Previous: The Changing Face of Distressed Property Auctions Next: Housing Market Potential Finds Its Footing Despite Pandemic Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / The Ticking Clock of Mortgage Delinquency Servicers Navigate the Post-Pandemic World 2 days ago Related Articles The Ticking Clock of Mortgage Delinquency Chuck Green has contributed to the Wall Street Journal, Washington Post, Los Angeles Times, San Francisco Chronicle, Chicago Tribune and others covering various industries, including real estate, business and banking, technology, and sports. in Daily Dose, Featured, News Tagged with: Deeply Delinquent Loans Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Pearse Doherty says his Dail ban is unfair

first_img Calls for maternity restrictions to be lifted at LUH Previous articleFather tells how he witnesses the shooting of his son in DerryNext articleDonegal allocated 4.5 million to tackling racism and sectarianism News Highland WhatsApp Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Facebook LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Facebook Google+ Deputy Pearse Doherty has said he believes he was unfairly treated after he was banned from the Dail for two days yesterday.He was ordered to leave yesterday for failing to quit his questioning into the background of Ireland’s most senior civil servant.The Donegal South West Deputy wanted to know whether he could ask questions about the newly appointed Secretary General to the Department of Finance, under new Fitness and Probity legislation.He failed to comply with the Ceann Comhairle orders to resume his seat and was told to leave:Fine Gael and Labour voted with the Ceann Comhairle to suspend the TD, the vote was carried by 80 to 36.Deputy Doherty says he has been unfairly treated:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/03/pdoc830dail.mp3[/podcast] Twitter Pearse Doherty says his Dail ban is unfair Google+center_img Need for issues with Mica redress scheme to be addressed raised in Seanad also WhatsApp Newsx Adverts RELATED ARTICLESMORE FROM AUTHOR Guidelines for reopening of hospitality sector published Twitter By News Highland – March 9, 2012 Almost 10,000 appointments cancelled in Saolta Hospital Group this week Pinterest Pinterestlast_img read more

Creggan Man appears at Derry Magistrates Court on explosives charges

first_img Previous articleParalympians return to Jordan, but will be back in NI for October court dateNext articleRespond road safety initiative being stepped up in Raphoe News Highland Pinterest RELATED ARTICLESMORE FROM AUTHOR WhatsApp Twitter A 29-year-old Derryman has been charged with possession of explosives.Joseph Hugh Allen from Broadway in Creggan was charged with possession a pipe bomb and other items on a date unknown between the first and 14th of September last year.His arrest was related to fingerprints found on items found during searches after attacks last September on a PSNI officer and a Forensic Medical Officer in Claudy.Bail was denied, and Allen was remanded in custody.There was heavy security around Derry Magistrates Court for this morning’s hearing.Eamon Mc Dermott was there………..[podcast]http://www.highlandradio.com/wp-content/uploads/2012/08/eamon1pm.mp3[/podcast] Facebook Dail hears questions over design, funding and operation of Mica redress scheme Google+ Facebook News 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report center_img Creggan Man appears at Derry Magistrates Court on explosives charges WhatsApp By News Highland – August 23, 2012 Pinterest Man arrested in Derry on suspicion of drugs and criminal property offences released Need for issues with Mica redress scheme to be addressed raised in Seanad also Twitter Minister McConalogue says he is working to improve fishing quota Google+ Dail to vote later on extending emergency Covid powerslast_img read more

Voting underway in General Election 2011

first_img Need for issues with Mica redress scheme to be addressed raised in Seanad also RELATED ARTICLESMORE FROM AUTHOR By News Highland – February 25, 2011 Dail hears questions over design, funding and operation of Mica redress scheme Google+ WhatsApp Pinterest Twitter 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Facebook Newsx Adverts Voting underway in General Election 2011center_img Twitter Google+ Previous articleIMPACT refers payment dispute with Donegal HSE back to LRCNext articleJudgement due in Mary Kelly appeal after more than a two year wait News Highland Minister McConalogue says he is working to improve fishing quota Man arrested in Derry on suspicion of drugs and criminal property offences released Pinterest Facebook Voting is underway in the General Election.Polling stations opened at 7 o’clock this morning, and will remain open until 10 o’clock tonight.Votes will be counted tomorrow.There are 58,501 people on the electoral register in Donegal North East, and 64,030 in Donegal South West. 1,121 people were added to the register in Donegal when the supplementary register was published last week.People don’t need a polling card to vote – most forms of official photographic ID will be accepted. WhatsApp Dail to vote later on extending emergency Covid powerslast_img read more