Foreclosure Inventory Rate Declines at an Accelerated Pace

first_img in Daily Dose, Featured, News 2016-12-05 Kendall Baer Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, Texas. Born and raised in Texas, Baer now works as the online editor for DS News. Previous: An Economic Threat: Financial Leverage in Credit Default Swaps Next: Now That a Real Estate Developer is President-Elect . . . Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The national foreclosure inventory is experiencing the fastest rate of decline since 2014, according to the latest Mortgage Monitor presented by Black Knight Financial Services, and what’s more–there is no sign of it slowing down.“We’ve seen an improvement in both inflow and outflow of foreclosure inventories. In fact, October saw the lowest foreclosure start volume in nearly 12 years – and the lowest first time foreclosure start volume on record, dating back prior to the year 2000,” says Ben Graboske, EVP of Black Knight Data & Analytics. “There has been a corresponding rise in foreclosure completion rates (loans either being sold at foreclosure sale or otherwise liquidated). Sustained home price appreciation rates over the past four plus years, combined with generally tight for-sale inventory, have been key drivers there. Finally, we’ve also seen an increase in the share of active foreclosure loans that are being paid current or re-performing over the past 24 months.”In addition to foreclosure inventory declining to pre-crisis levels, the report indicates that the national 90+ delinquent inventory is on track to reach pre-crisis norms come late 2017. Black Knight reports that it should fully cross this mark in mid-2018.“Tighter lending standards post-recession have led to pristine mortgage performance in recent vintages. We’ve now seen default rates ‘over-correct’ and actually fall below long-term norms,” says Graboske. “This has led to historically low new troubled loans rates with about 60 percent of new default activity still coming from loans with nine or more years of seasoning, which continue to default at four times the rate of more recent originations. Additionally, the healthy employment market has enabled many borrowers to remain current on their mortgage payments.”The report has found that 15 states have already hit levels lower than those of pre-crisis, with five more states (Alabama, Texas, Missouri, Georgia, and Arizona) forecasted to hit pre-crisis foreclosure levels by the end of the year.Despite this good news, Black Knight reports that there are still seven states that are anticipated take five years or more to normalize at their current rates of improvement. These states are clustered in the Northeast.“Outflow continues to be the main hindrance in the northeastern part of the country, where the bulk of states operate under judicial foreclosure processes,” says Graboske.According to the report, these states still struggling with improving their foreclosure levels to those of pre-crisis include Maine, Rhode Island, Vermont, New Jersey, Massachusetts, New York, and Connecticut.“In New York for example – which has the highest remaining active foreclosure inventory in the country – only two percent of active foreclosures are completed on a monthly basis,” adds Graboske. “That’s a third of the national average completion rate of six percent and the lowest of any state in the country. It’s also one of the reasons why the average mortgage in active foreclosure in New York has been delinquent for 4.6 years, as compared the national average of 2.2. In addition to court delays, there are also mandatory mediation programs in some states which, while important, tend to further slow the process.”To view the full October Mortgage Monitor, click HERE. Related Articles Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Foreclosure Inventory Rate Declines at an Accelerated Pace  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Foreclosure Inventory Rate Declines at an Accelerated Pace Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily About Author: Kendall Baer December 5, 2016 1,302 Views Subscribelast_img read more

New Report Finds 162 Reasons to Marry

first_imgFamily Research Council 8 Feb 2012Family Research Council’s Marriage and Religion Research Institute has released a new paper entitled 162 Reasons to Marry. This important new study demonstrates that marriage is beneficial across a wide range of personal outcomes, including family, religion, education, finances, crime and health.162 Reasons to Marry shows that married persons:– enjoy stronger relationships with their children;– worship more regularly;– participate more actively in their children’s education;– work more productively;– enjoy greater financial stability;– have better mental and physical health; and– are less likely to commit crime or abuse or to be victims of domestic violence.Furthermore, those raised in intact married families are more likely to practice sexual chastity, to worship more regularly, to expect and attain more educationally, and to exhibit better physical and mental health. They are also less likely to experience poverty as children or to experience or commit violence.Dr. Patrick Fagan, Director of the Marriage and Religion Research Institute, writes: “Marriage is the foundational relationship for all of society, and therefore we can be sure that there are many more than the 162 reasons for marriage enumerated here. All other relationships in society stem from the father-mother relationship, and these other relationships thrive most if that father-mother relationship is simultaneously a close and a closed husband-wife relationship.”  Fagan says the outcomes evaluated (family, religion, education, marketplace and government) represent all five of the major institutions, or tasks, of society.Fagan said: “The family is one of the five major institutions of society. Within a family built on a good marriage, the child gradually learns to value and perform the five fundamental tasks of every competent adult and of every functional society – raising a family, practicing religion, receiving an education, working in the marketplace and participating in government. Children raised in strong families are mentored in all these areas, often unconsciously, and gradually they learn to act similarly. That is how we grow a great society. There is no short cut on this one.”162 Reasons to Marry is available online at read more

Palm Beach County tourism leaders hoping for safe Memorial Day weekend

first_imgMemorial Day weekend will be much different in South Florida this year due to the COVID-19 pandemic.Now that businesses are starting to reopen, Palm Beach County tourism leaders are helping businesses prepare for a safe weekend.“In order for us to get people back to travel and stay in hotels and go to attractions, the first thing we need to is regain the trust and confidence of the public,” said Jorge Pesquera, the president of Discover the Palm Beaches.last_img


first_imgGlenswilly celebrate at Foxhall.Shay Farrell claimed he wasn’t quite sure who the man behind him was as he addressed the masses gathered in Glenswilly GAA Hall.“Some fella by the name of Mick Murphy. I think he has a son playing for the under 10s,” said the adopted Glenswilly man via Dublin circa 1984 with a hint of sarcasm.Enter a Mayo man by that very name who just happens to be Glenswilly chairman. Someone else mentioned his young fella plays a bit of football as well.Mick Murphy leaned on the podium clearly overwhelmed by the occasion and the folk of Glenswilly who had come to thank their heroes.Bonner, Ward, Kelly, Gallagher, Gibbons and the rest. Names with their roots in the soil of the Glen.Labourers, farmers, carpenters, plasterers, teachers. People of the community. There was an air of expectancy out Foxhall way all week.Not an entitled air because names such as Murphy, Gallagher and McFadden were in the panel.An air of entitlement that Glenswilly had every much as right as St Eunans, Gaoth Dobhair, Dungloe, Ardara or Kilcar to take home Dr Maguire.Had they not toiled all year since January when frost was on the ground and the darkness had arrived not long after children had left the local primary school a few hundred yards away?Because that is indeed the magic of the championship. Gallant Malin may have thought after their stunning quarter final display that their name was on the cup.Nobody gave Naomh Chonaill much of a chance when they did it for the first time with Gildea and McGuinness against Eunans.Last night belonged to the people of Glenswilly.That they had it two seasons ago for the first time is a bonus. But in a strange and slightly twisted way, it was even more magical second time around.It was as if to say the first time wasn’t a fluke.It was as if to show other communities what can be done by hard work and belief.And in Glenswilly they believe.Manager Gary McDaid talked percentages and drills and backroom teams.Yes, he was probably going to have a few pints in McClaffertys but the planning has already started for 2014.“I know there is another championship in this team,” he told the packed hall.It was left to a man from Monaghan to sing the Hills of Glenswilly.He may not have the X Factor but teak tough vet Eamon Ward can hold a tune – and he knows all the words.And to show it truly was a community effort, the kids from Glenswilly National School finished the night with a specially penned ode to their heroes.Down Glenswilly way, it’s not about Murphy, the starting fifteen or the 30 strong panel.It’s about community and that includes blow-ins from Dublin, Mayo and Monaghan.WELCOME DR MAGUIRE – THE COMMUNITY HAS BEEN EXPECTING YOU was last modified: October 20th, 2013 by StephenShare 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:Dr MaguireglenswillyMichael MurphyMick Murphylast_img read more


first_imgMISSING: A plea for information and help has been launched to help locate a Donegal man that has been missing since this morning.Paul Rodgers, from Carrigans was last seen this morning and his family and friends are desperately worried about his safety. The house Mr Rodgers occupies went on fire earlier this morning, but he went missing shortly after.Nobody was harmed during the blaze earlier this morning and family and friends are desperate to find him.Family, friends and neighbours have organised a search party which will begin tomorrow morning at 8am.The entire community are worried about Paul and are have launched an online campaign called PLEASE HELP US FIND PAUL! Murray O’Donnell posted the following message on Facebook earlier this evening.“MISSING PERSON!!!! Volunteers ‘NEEDED‘ for SEARCH from 8am tomorrow morning. Call at Carrigans Garda Station at 8am PLEASE LIKE AND SHARE!Our neighbour, Paul Rodgers of Main Street, Carrigans is missing since early this morning. We in the village are concerned about Paul and want to see him home and well. His house went on fire in the early hours, he might be panicked but Paul has nothing to worry about, no harm has come to anyone else only his house. Everyone and the Garda’s only concern is for Paul, that he gets the help he needs should it! If he feels better turning up in Northern Ireland, thats great, we just want him found safe and well. PLEASE HELP US FIND PAUL!” MISSING PERSON: VOLUNTEERS WANTED FOR SEARCH PARTY OF MISSING DONEGAL MAN was last modified: September 15th, 2015 by Mark ForkerShare 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:Home-page Newslast_img read more

Skills ‘flowing back into South Africa’

first_img14 January 2014 The “brain drain” of highly skilled professionals from South Africa is showing signs of reversing, according to employment figures released on Monday by workforce management company Adcorp. Adcorp’s January employment report estimates that, since the global financial crisis of 2008-09, approximately 359 000 high-skilled South Africans have returned from foreign work assignments. “This is a sizeable number, representing 18% of the total pool of managers and professionals in South Africa and 12% of the total pool of graduates,” Adcorp said in a statement. Adcorp labour market economist Loane Sharp said this indicated that living standards in South Africa had remained relatively high compared to other English-speaking countries where emigrant South Africans had taken up residence, and that South Africans who had emigrated prior to the 2008 financial crisis “were possibly over-confident about the security of their jobs in foreign countries”. The South African economy’s demand for high-skilled workers has remained relatively stable over the past decade, according to Adcorp, with a consistent shortage of high-skilled workers amounting to around 829 000 unfilled vacancies. Over the same period, the country’s unemployment rate for high-skilled workers has remained roughly constant at around 0.4% – compared to an unemployment rate of 37% for the workforce as a whole – while the average real wages of high-skilled workers has increased from R265 680 per annum in 1997 to R423 730 per annum in 2013 – an above-inflation increase of 5.1% per annum. In money-of-the-day (i.e. pre-inflation) terms, Adcorp estimates that the wages of high-skilled workers in South Africa have increased from R112 966 per annum in 1997 to R423 730 per annum in 2013 – an increase of 11.2% per annum. “At the same time, the supply of high-skilled foreign workers has been negligible due to strict immigration measures adopted by the Department of Home Affairs in 2002, which were further tightened in 2008 and 2010,” the company said. Sharp said this clearly indicated that South Africa’s skills shortage “is substantial and is not being met by the local supply of high-skilled workers. Therefore the restrictions on foreigners living and working in South Africa should be relaxed.” SAinfo reporterlast_img read more

How IoT is fixing America’s sleep problem

first_imgWhy IoT Apps are Eating Device Interfaces ReadWrite Sponsors Follow the Puck Internet of Things Makes it Easier to Steal You… Wake up, America, We have a sleep problem. More than 68% of Americans report having trouble sleeping at least once a week, and many people believe that technology plays a major role in keeping them awake, but can it actually help you get a better night’s sleep? After all, the Internet of Things already helps make our day-to-day lives easier and more efficient: from keeping an eye on your house to regulating your pet feedings to keeping track of how many steps you take each day. But, we can’t ignore sleep as we turn to IoT for help with our daily (and nightly) tasks. As Arianna Huffington told Stanford MBA students, sleep is a “productivity tool,”  which is why it only makes sense to develop a platform to help us sleep better.Sleep deprivation is also a health issue, and according to the Harvard Business Review, it’s not just an individual health hazard – it’s a public one. The IoT is just starting to break its way into the healthcare space, with doctors, hospitals, and diagnosticians taking advantage of new technology to help their patients. But there is still a huge opportunity for the Internet of Things to improve consumers’ health by simply helping them get a better night’s sleep.For more than 15 years, Cambridge Sound Management has made it our business to make people more productive. As the world leader in sound masking technology, our commercial sound masking products emit low-level, unobtrusive background sound, similar to airflow, designed to reduce distractions and the intelligibility of speech. Over the years, our clients have seen the difference our sound masking technology has on their work environment and have often asked us for solutions to noise distractions in their own home. Many own a white noise machine or sleep with a fan on year-round to drown out unwanted noise, but the single point of sound in these devices makes it easy for our brains to focus on where the noise is being emitted, which doesn’t actually make for a more restful night’s sleep.At Cambridge Sound Management, we know this is the number one shortcoming of traditional white noise machines and fans because it’s an issue we conquered years ago when we invented direct-field sound masking for our commercial business. Instead of one big speaker in an office to mask sound, we spaced out our smaller emitters in a grid layout to create a more uniform distribution and more effectively reduce noise distractions. But sound masking doesn’t just replace one unwanted sound with another (like your fan or ocean sounds playlist); it masks that unwanted sound through a sound at the right frequency and decibel level on the sound curve that is comfortable and barely noticeable to the human ear. To draw a comparison, you can drown out the light from a flashlight with a high power flood light, or you could perfectly dim the lights to eliminate the impact of the flashlight. This is how our sound masking systems work. But, as Ms. Huffington pointed out, productivity isn’t limited to the boardroom: it first starts with productive sleep at home. Hearing the need for a more advanced solution to noise distractions in the home, we took our expertise in sound masking and developed a solution that masks unwanted noise where people need it most: the bedroom. That’s why we created Nightingale, the world’s first smart sleep system designed for today’s connected home. Nightingale’s unique, two-unit system creates uniform and even soft, ambient sound (called sound blankets) that ensure the brain cannot localize on the source of the sound, making for a truly quieter night’s sleep. Nightingale sound blankets were designed by our sound scientists to immerse the entire bedroom in our proprietary sound curve, which is optimized to mask the most common indoor and outdoor noises that interrupt sleep. Two speakers on either side of the room and low to the ground project our sound blankets in a dogbone or bipolar pattern, so when Nightingale is behind furniture, the sound or overall effect isn’t impeded.Through the iOS and Android app, you can optimize Nightingale to fit your room’s specific acoustics and sleeping conditions: for instance, adjust for a hardwood or carpet floor, the type of room you’re in (whether an adult bedroom, child bedroom or hospital room) and account for health conditions like snoring or tinnitus.Nightingale seamlessly integrates with other smart home devices such as Nest, Ring, and Philips Hue via the popular IFTTT platform and can be controlled by voice with Amazon Echo. Nightingale offers 15 different ambient sound blanket options and, if you prefer, different nature sounds, all designed to ease you to sleep. We understand that no two rooms or people are the same, so Nightingale flexibly accommodates your sleeping conditions and preferences. We’re excited to be among the first to leverage IoT technology to truly change your quality of our sleep. Learn more about Nightingale here.This article was produced in partnership with Cambridge Sound Management.center_img Related Posts Small Business Cybersecurity Threats and How to… Tags:#Android#Cambridge Sound#iOS#IoT#Nightingale#sleep last_img read more

Twitter buzz: The world reacts to Tiger Woods’ fifth Masters win

first_imgTiger Woods reacts as he wins the Masters golf tournament Sunday, April 14, 2019, in Augusta, Ga. (Curtis Compton/Atlanta Journal-Constitution via AP)AUGUSTA, Ga. (AP) — Tiger Woods won the Masters and nearly stopped the Twitterverse in its tracks.There were shout-outs from two presidents who have played with the five-time champion, congrats from a cavalcade of actors and musicians and most fitting, perhaps, were the celebratory toasts from a parade of A-list athletes including Tom Brady, Kobe Bryant and Serena Williams.ADVERTISEMENT ___“Congratulations, Tiger!” former President Barack Obama tweeted. “To come back and win the Masters after all the highs and lows is a testament to excellence, grit, and determination.”FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logistics___President Donald Trump, who’s visited his branded golf courses more 150 times since taking office, watched Woods cruise toward victory from his course in Virginia. Panelo: Duterte ‘angry’ with SEA Games hosting hassles Hontiveros presses for security audit of national power grid ___Actor Hugh Jackman sent his congrats from a less-exotic locale. He took a selfie in front of a TV screen, apparently at home, showing Woods in the background walking up the fairway en route to his win . “What a comeback!!!” he gushed. “Congrats @GCTigerTracker on winning @TheMasters”___It wasn’t just Americans enthralled with Tiger’s comeback story. The BBC led its evening news broadcast with news of his fifth green jacket. LATEST STORIES MOST READ Philippine Arena Interchange inaugurated Private companies step in to help SEA Games hosting “Watching final hole of @TheMasters. @TigerWoods is looking GREAT!”A moment later, after Woods’ final putt dropped on 18, Trump added from the presidential limousine : “Love people who are great under pressure. What a fantastic life comeback for a really great guy!”___New England Patriots quarterback Tom Brady, who won a record sixth Super Bowl this past February, joked that he was plotting how to match the number of major golf championships Woods has now accumulated .“Running the numbers on how long it’ll take me to get to 15…”ADVERTISEMENT Cayetano: Senate, Drilon to be blamed for SEA Games mess DA eyes importing ‘galunggong’ anew SEA Games hosting troubles anger Duterte Home-court advantage? Warriors had it, now 76ers need it Don’t miss out on the latest news and information. Sports Related Videospowered by AdSparcRead Next Brady explained his non-stop tweeting, saying the final round of the Masters was his only “couch day of the year.”___In the NBA, LeBron James said he was “inspired” by Tiger’s win.Portland coach Terry Stotts was into the action even though his team was preparing for a playoff game.Golden State’s Stephen Curry, who played last night, called it the “greatest comeback story in sports.”___Even Serena Williams took a break from partying at tennis player Caroline Wozniacki’s bachelorette party in the Bahamas to congratulate Woods.“I am literally in tears watching @TigerWoods this is Greatness like no other. Knowing all you have been through physically to come back and do what you just did today? Wow Congrats a million times! I am so inspired thank you buddy.” Ethel Booba twits Mocha over 2 toilets in one cubicle at SEA Games venue PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss View commentslast_img read more