OCC Releases Community Reinvestment Act Evaluations for 33 Financial Institutions

Month: May 2021

OCC Releases Community Reinvestment Act Evaluations for 33 Financial Institutions

first_img Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Banks Community Reinvestment Act CRA Financial Institutions OCC 2015-08-05 Brian Honea in Daily Dose, Featured, Government, News The Best Markets For Residential Property Investors 2 days ago August 5, 2015 934 Views Home / Daily Dose / OCC Releases Community Reinvestment Act Evaluations for 33 Financial Institutions 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. Related Articles The Office of the Comptroller of the Currency (OCC) on Wednesday released list of Community Reinvestment Act (CRA) performance evaluations for 33 financial institutions.The list released Wednesday includes evaluations that became public during the month of July 2015 and includes national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings, according to the OCC.Out of the 33 evaluations released Wednesday, six of the institutions received ratings of outstanding: First National Bank South of Alma, Georgia; First Newton National Bank of Newton, Iowa; Chinatown Federal Savings Bank of New York, New York; First FS & LA of Newark, Ohio; the Peoples National Bank of Checotah, Oklahoma; and First Federal of Northern Michigan of Alpena, Michigan. Twenty-five institutions received a rating of satisfactory for their CRA evaluations; and two institutions, Eastern Savings Bank FSB of Hunt Valley, Maryland, and First FS & LA of McMinnville, Oregon, received needs to improve ratings. None of the 33 received a substantial noncompliance rating.For a complete list of this month’s CRA evaluations, click here. A searchable list of all public CRA evaluations can be accessed through the OCC’s website by clicking here.The CRA was first enacted by Congress in 1977 and revised in both 1995 and 2005. The purpose of the CRA is to “encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods, consistent with safe and sound operations,” according to the U.S. Federal Reserve Board web site. About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago OCC Releases Community Reinvestment Act Evaluations for 33 Financial Institutions Tagged with: Banks Community Reinvestment Act CRA Financial Institutions OCCcenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: DS News Webcast: Thursday 8/6/2015 Next: Fannie Mae’s Net Income Surges in Q2, But Still Lags Behind Last Year’s Pace The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post The Best Markets For Residential Property Investors 2 days ago Subscribelast_img read more

Continue Reading

SFR Market Grows as Homeowning Alternative

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Blackstone’s Bet Pays Off With Invitation Homes IPO Next: Distressed Sales Reach Near Decade Low SFR Market Grows as Homeowning Alternative 2017-02-01 Phil Banker February 1, 2017 1,106 Views Subscribe Phil Banker began his career in journalism after graduating from the University of North Texas. He has covered a number of communities across Texas and southern Oklahoma, writing news and sports for publications including the Ardmoreite, Ennis Daily News and the Plano Star-Courier. He is currently a contributor to DS News and The MReport.  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Phil Banker The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / SFR Market Grows as Homeowning Alternative in Daily Dose, Featured, Headlines, News Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The American single-family rental (SFR) market is alive and well according to two reports released on Wednesday.Morningstar Credit Ratings said strong retention rates and fewer lease expirations helped lower the vacancy rate among single-borrower, single-family rental transactions this month.The rating company said the average vacancy rate among single-borrower, single-family rental transactions declined to 5.1 percent in December from a revised 5.3 percent in November. Memphis, Tennessee led the nation in vacancy rates at 8.4 percent in December.Rents rose 3.4 percent in December according to Morningstar, marking the smallest rent increase of 2016. The only downside to today’s data was a rise in delinquency rates to .9 percent from .6 percent a month prior.The good news isn’t just coming from vacancy rates. Improvement in sponsor’ business models and strategies are benefiting single-family rental transactions, according to a report issued by Moody’s.Sponsors have shifted their business strategies after buying up distressed properties from depressed markets in bulk in ways that are improving the quality of the properties’ backing transactions.“With the US housing market recovering from the financial crisis and the inventory of distressed homes shrinking, sponsors of SFR transactions have been transitioning from the bulk purchase of single-family homes to more strategic purchases in markets with higher rental yield, while also selling low-yielding properties,” says Moody’s analyst Padma Rajagopal. “The quality of their portfolios has improved as a result.”Rajagopal says SFR operators are now increasingly acquiring properties on a one-by-one basis and through multiple listing service sales, as opposed to auctions. Unlike auctions, such sales allow the borrower to assess a home’s condition, resulting in lower future unexpected rehabilitation costs. Where SFR operators spent around $100 million a month on acquisitions in 2013, they now spend $20 million to $30 million a month.Rajagopal also said SFR sponsors are investing more in technology and property management infrastructure, improving their cost management and operating efficiency.“They are increasingly using ‘smart home’ technology to improve the desirability of homes, for example, and are reducing costs through more efficient turn management and by outsourcing certain tasks,” Rajagopal said.Moody’s expects the SFR market to remain healthy in the coming years, though several factors could still test its strength and limit its growth, the rating agency says. The shrinking inventory of distressed single-family homes and yield constraints, for example, could see operators purchasing lower quality, non-distressed properties. And if they move further down the credit spectrum in terms of either home or tenant quality, the credit quality of SFR transactions could suffer.Potential risks to the SFR business, according to Moody’s, include a decline in home prices, the shrinking inventory of distressed single-family homes and yield constraints, and legislative efforts to boost home ownership or more highly regulate the rental market. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

Continue Reading

Fed’s Beige Book Builds Case for Further Rate Hikes

first_imgHome / Daily Dose / Fed’s Beige Book Builds Case for Further Rate Hikes March 8, 2018 1,763 Views Fed’s Beige Book Builds Case for Further Rate Hikes  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: David Whartoncenter_img Previous: Could Housing Construction Momentum Take a Hit? Next: These Are the Most Dangerous U.S. Cities Beige Book Fed Federal Open Market Committee Federal Reserve FOMC Inflation Interest rates Summary of Commentary on Current Economic Conditions tariffs 2018-03-08 David Wharton Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Government, Headlines, Journal, News Tagged with: Beige Book Fed Federal Open Market Committee Federal Reserve FOMC Inflation Interest rates Summary of Commentary on Current Economic Conditions tariffs On Wednesday, the Federal Reserve released its latest edition of the Summary of Commentary on Current Economic Conditions, more commonly known as the Beige Book. The Book is published in advance of each meeting of the Federal Open Market Committee, which is due to convene March 20-21. The U.S. central bank’s latest report found wages increasing in many areas, bolstering the argument for further interest rate hikes that are seen as inevitable throughout 2018 by many analysts.This installment of the Beige Book was compiled by the Federal Reserve Bank of San Francisco, based on information culled from each of the bank’s 12 districts on or before Feb. 26, 2018. The Fed’s assessment of overall economic activity in January and February remained mostly in line with the previous Beige Book, expanding at a “modest to moderate” pace. The report also noted “moderate inflation” in most areas.“Across the country, contacts observed persistent labor market tightness and brisk demand for qualified workers, as well as increased activity at staffing placement services,” the report, released stated. “Most districts saw employers raise wages and expand benefit packages in response to tight labor market conditions.”The Fed’s outlook in this latest Beige Book looks likely to keep the central bank on course for several more interest rate hikes throughout 2018. The Fed previously raised their benchmark interest rate to a range of 1.25 percent to 1.5 percent during the December 2017 FOMC meeting.The Beige Book also noted a “marked increase” in steel prices in four of the Fed’s 12 districts. According to the Beige Book, this is likely due to less foreign competition. It’s worth noting, however, in light of President Trump’s decision Thursday to impose a 25 percent import tariff on foreign steel and a 10 percent tariff on foreign aluminum.These tariffs were opposed by many housing industry experts and organizations, including the National Association of Realtors (NAR), owing to fears that they could spark an international trade war and have a negative impact on the housing market. NAR Chief Economist Lawrence Yun said in a statement, “Tariffs could measurably raise the cost of building materials and hinder home construction of affordable homes.” Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

Continue Reading

Fair Housing Act Applies to LGBT Too, Says Court

first_imgHome / Daily Dose / Fair Housing Act Applies to LGBT Too, Says Court Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save Sign up for DS News Daily Fair Housing Landlord seventh circuit Tenant 2018-08-29 Radhika Ojha Fair Housing Act Applies to LGBT Too, Says Court in Daily Dose, Featured, Government, News Tagged with: Fair Housing Landlord seventh circuit Tenant 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. About Author: Radhika Ojha In what is being viewed as a major victory for the Lesbian Gay Bisexual and Transgender (LGBT) community, the U.S. Court of Appeals for the Seventh Circuit recently ruled that landlords could be held liable for discrimination if they failed to respond to harassment faced by tenants who belong to a protected class.In its ruling, the three-member panel of judges said that not only did the Fair Housing Act create liability when a landlord intentionally discriminated against a tenant based on a protected characteristic, but “it also creates liability against a landlord that has actual notice of tenant‐on‐tenant harassment based on a protected status, yet chooses not to take any reasonable steps within its control to stop that harassment.”The panel was hearing the case of  Marsha Wetzel, who had filed a lawsuit under the Fair Housing Act against the retirement home she lived in. In her lawsuit, Wetzel had alleged that when she complained to the retirement home’s administration about the homophobic slurs and attacks on her at the home, the administration didn’t make any meaningful attempts to stop these and instead retaliated against her.A lower court had dismissed her case earlier, but the recent ruling overturned the court’s decision and held that the retirement home could be held accountable for failing to protect Wetzel from the harassment, discrimination, and violence at the hands of the other residents because of her sexual orientation.“This is a tremendous victory for Marsha,” Karen Loewy, Senior Counsel at Lambda Legal which had filed the lawsuit on Wetzel’s behalf. “She, just like all people living in rental housing, whether LGBT or not, should be assured that they will at least be safe from discriminatory harassment in their own homes. What happened to Marsha was illegal and unconscionable, and the Court has now put all landlords on notice that they have an obligation to take action to stop known harassment.”Fair Housing protections for the LGBT community have been the focus of industry discussions recently. In June, Fannie Mae hosted a roundtable fostering a discussion of initiatives and legislation promoting diversity and equality within the housing industry for LGBT individuals. As part of this discussion Derek Templeton, Executive Director of the American Mortgage Diversity Council’s (AMDC) gave an update on the series of four  LGBT Town Hall events—in Dallas, Chicago, Miami, and Los Angeles—hosted by AMDC.These town halls were designed to bring together servicers and local LGBT community groups for a day of discussion regarding issues affecting the LGBT community, from perspectives of both homeownership and workplace inclusion. The AMDC Town Halls will culminate in the creation of a white paper report that will be circulated to thought leaders across the country, including mortgage industry leaders, housing policy experts, and participating LGBT organizations. Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img Related Articles Previous: New Guidebook Aids Diversity Certification Seekers in Housing Next: OCC Seeks Stakeholder Comments on CRA Regulations  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago August 29, 2018 5,206 Views Subscribelast_img read more

Continue Reading

How Many Homeowners Are in ‘Strategic’ Forbearance Plans?

first_img 2020-10-12 Christina Hughes Babb in Daily Dose, Featured, News Related Articles Share Save Demand Propels Home Prices Upward 2 days ago Forbearance data might not be as daunting as it looks at first blush. That is, according to an article by Bloomberg.com, which points to the Mortgage Bankers Association (MBA) data showing that, as of September 6, as many as 25% of all homeowners in forbearance plans have continued to make their monthly mortgage payments. That means that of 3.4 million households in forbearance at that point, about 820,000 had not missed a payment.Mike Fratantoni, MBA’s SVP and Chief Economist, in a Bloomberg interview, called this “one of the most surprising aspects of this entire episode.”He added that he had seen that share drop over the months as borrowers exited forbearance.What does this indicate? Bloomberg author Christopher Maloney (a market strategist and former portfolio manager) suggests it is “strategic forbearance, with many homeowners taking on the option, just in case.”He broke it down: “Of the Ginnie Mae borrowers in forbearance, 23.7% are current. For conventional borrowers it’s 20.6%, and for those sitting on banks’ balance sheets it’s 28.6%,” Maloney pointed out. “This is important, as mortgages which continue to pay are not going to be bought out by servicers, and for mortgage investors buyouts are just prepayments by another name. With loans bought out from pools at par, this can weigh on portfolio performance, especially when much of the mortgage universe is trading at a premium.”He explains how changes to forbearance data can come as a result of servicers moving loans among categories. For example:”While the percentage of the overall mortgage universe in forbearance has been declining of late, when it is due to servicers buying out those loans from the pools it can be a case of merely moving it from one category to another,” he wrote. “… the percentage of the Ginnie Mae universe in forbearance has dropped to its current 9.16% from a high of 11.83% on June 21. While on the face of it this is good news, the drop was boosted by bank servicers buying out loans. This moved them to the ‘other’ category—which has increased over that time frame—from the ‘Ginnie Mae’ category.”To Bloomberg, Fratantoni stressed that jobs are the most significant factor when it comes to getting through forbearance.“So long as the job market keeps improving and the housing market is in solid shape there is a good potential for this to keep improving,” Fratantoni said. Servicers Navigate the Post-Pandemic World 2 days ago How Many Homeowners Are in ‘Strategic’ Forbearance Plans? Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Christina Hughes Babb The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: VP Candidate Viewpoints: Harris and Pence’s Housing Perspectives Next: FHA’s ‘Generational Shift’ in Tech Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post October 12, 2020 2,120 Views Sign up for DS News Daily Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Home / Daily Dose / How Many Homeowners Are in ‘Strategic’ Forbearance Plans? Subscribelast_img read more

Continue Reading

Households ‘Reasonably Well-Positioned’ to Handle Economic Downturn

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Phil Hall Share Save in Daily Dose, Featured, News November 17, 2020 989 Views Demand Propels Home Prices Upward 2 days ago 2020-11-17 Cristin Espinosa The near-future state of the U.S. economy is predicated on how policymakers and the public respond to the increasing number of COVID-19 cases, according to the latest commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.The ESR Group is predicting consumer spending will be impacted by the resurgence of the virus, although it also anticipates that a stronger domestic labor market and increased household savings would fuel continued real GDP growth – barring significant behavioral shifts and lockdown measures related to a new wave of virus-related chaos. The real GDP growth is currently forecast at 3.3% percent for full-year 2021, slightly below last month’s projection, and 3% percent for full-year 2022.The ESR Group revised nearer-term projections, including the fourth quarter of 2020 and the first quarter of 2021, in a modest downward projection based on evidence of virus-related changes in consumer behavior. Although strict new lockdown or social distancing mandates remain the largest downside risk, the ESR Group stated economic growth could “substantially surpass the baseline forecast if, alternatively, such measures can be avoided and the development of a vaccine progresses swiftly.”Furthermore, the ESR Group is expecting housing to show continued strength through the rest of 2020 and into 2021. While the forecasts on new and existing home sales were revised upward for the fourth quarter of 2020 and the first quarter of 2021, the ESR Group observed that home sales pace may have peaked in September and a moderate slowdown is taking place – pending sales and purchase mortgage applications have recently pulled back from highs reached in the spring as pent-up homebuyer demand recedes. Complicating this picture would be a renewal of virus mitigation protocols among prospective buyers and impact, the ESR Group added.“The continued geographic shift and now resurgence of COVID-19 has raised risks to the pace of growth, though in our view not to the level of a potential second recessionary downturn,” said Doug Duncan, Fannie Mae SVP and Chief Economist. “Households appear reasonably well-positioned to weather and cushion the slowdown, but if a strict broad-based lockdown were to be instituted and sustained, then the economy could turn down again. Meanwhile, the housing market continues to thrive in the low rate environment, particularly refinancing, but the sector is showing some early signs of slowing on the purchase side as the delayed seasonal effect works its way through the market.” Related Articles Households ‘Reasonably Well-Positioned’ to Handle Economic Downturn  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Phil Hall is a former United Nations-based reporter for Fairchild Broadcast News, the author of nine books, the host of the award-winning SoundCloud podcast “The Online Movie Show,” co-host of the award-winning WAPJ-FM talk show “Nutmeg Chatter” and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill’s Congress Blog and Profit Confidential. His real estate finance writing has been published in the ABA Banking Journal, Secondary Marketing Executive, Servicing Management, MortgageOrb, Progress in Lending, National Mortgage Professional, Mortgage Professional America, Canadian Mortgage Professional, Mortgage Professional News, Mortgage Broker News and HousingWire. Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Households ‘Reasonably Well-Positioned’ to Handle Economic Downturn Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Will Suburban Migration Continue? Next: How Servicers Can Assist Struggling Borrowers 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 Subscribelast_img read more

Continue Reading

The Week Ahead: SFR Market Takes Center Stage

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles in Daily Dose, Featured, Journal, News Previous: Housing Survey Shows Purchase Pessimism at All-Time High Next: Millennial Purchases Pick Up in March The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / The Week Ahead: SFR Market Takes Center Stage Demand Propels Home Prices Upward 2 days ago About Author: Eric C. Peck Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com. Subscribe Tagged with: Aden Kadri ADU Gold Alex Offutt AssetVal Brandon O’Briant Brian Flaherty Chad Mosley Constructive Loans Damon Riehl Daniel Kattan Eden Vick Jeff Cline Jeffrey Tesch John Tedesco Jon Ortner Jorge Newbery Josh Craig LoanBidz.com Marc Heenan MCS Mike Tamulevich Picket Homes PlanOmatic preREO Property Masters RCN Capital Seth Phillips Single Family Rental Single-Family Rental Summit 2021 Todd Brown Trey Cummings Victor Cianci Zach Bassettcenter_img Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago On Wednesday, May 12, the Five Star Institute presents its Single-Family Rental Summit 2021, an in-person event being held at the Four Seasons Resort and Club Dallas at Las Colinas.As the single-family rental market continues to redefine its borders, the sky is the limit for the industry. Due to its scale, the investment landscape offers opportunities that can often be misunderstood, and navigating this dynamic terrain takes careful planning, and strategic partnerships.SFRS 2021 will bring together top subject matter experts, and skilled SFR practitioners who will lead discussion panels and training sessions designed to answer questions and offer viable solutions related to property acquisition and management; financing; strategies for small, midcap, and large investors; and new developments related to technology and professional services.The day begins at 8:00 a.m. CST with a breakfast, and the day will be full of a number of panel discussions and networking opportunities. Panel discussions will include:Inside the Strategy Room: Investing in single-family rentals opens the door to opportunity during a time when other markets have slowed. Experienced SFR leaders will share their expertise on lending products, financing arrangements, building your portfolio, and market data.Know When to Hold ‘Em: A session dedicated to honing property acquisition, disposition strategies, and the understanding of the cost-benefit analysis behind buying properties to fix and sell versus flip and hold.Keeping the House in Order: This session will explore property management strategies from a panel that will provide proven approaches for making the most of your investments, through managing expenditures, and picking the best local and national partners.Measuring Up: How can investors work to ensure they have the right information right from the start? In this panel, experts will discuss the valuation landscape, and how positive investments are made with all the correct and up-to-date info.Tech Leaps: From top property aggregation platforms, technology that makes remote property management possible, new valuation tools, and more—this session will catch you up on all the new ways technology is transforming the SFR market.Open Forum: The day’s moderators become the panelists in this final session of the day to answer the questions you’ve asked throughout the event.Click here for the full day’s agenda.Speakers scheduled for the event include:Jeffrey Tesch, CEO, RCN Capital (Event Moderator)Zach Bassett, VP, Field Operations, Property MastersTodd Brown, VP Broker and Market Leader, Renters WarehouseVictor Cianci, Director of Strategic Relationships, PlanOmaticJeff Cline, Executive Director & Principal, SVN | SFRhub AdvisorsJosh Craig, CRO, Lima One CapitalTrey Cummings, CEO and Managing Member, CS Equities and Omega Realty GroupBrian Flaherty, COO, Global Strategic Business Process SolutionsMarc Heenan, Head of Commercial Origination & Asset Management, PeerStreetAden Kadri, Enterprise Sales Consultant, Propertyware, a RealPage CompanyDaniel Kattan, Founder and CEO, Sell2RentChad Mosley, President, MCSJorge Newbery, CEO, preREOBrandon O’Briant, EVP, AssetValAlex Offutt, Managing Director, Constructive LoansJon Ortner, VP of Business Development for Inertia Decision Science, Picket HomesSeth Phillips, Founder, ADU GoldDamon Riehl, Founder and CEO, LoanBidz.comMike Tamulevich, President of National Brokerage, Marketplace HomesJohn Tedesco, SVP of Business Development, Appraisal NationEden Vick, Field Market Specialist, Finance of America CommercialClick here for more information on the event or click here to register.Here’s what else is happening in The Week Ahead:MBA Forbearance and Call Volume Survey (Monday)Senate Committee on Banking, Housing, and Urban Affairs: Nomination of HUD Deputy Secretary Adrianne Todman (Tuesday)CoreLogic HPI Report (Tuesday)MBA Weekly Applications Survey (Wednesday)Realtor.com Weekly Housing Market Recap (Wednesday)Freddie Mac Primary Mortgage Market Survey (Thursday)U.S. Department of Labor’s Unemployment Insurance Weekly Claims Report (Thursday)Black Knight weekly forbearance data (Friday) Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: SFR Market Takes Center Stage Aden Kadri ADU Gold Alex Offutt AssetVal Brandon O’Briant Brian Flaherty Chad Mosley Constructive Loans Damon Riehl Daniel Kattan Eden Vick Jeff Cline Jeffrey Tesch John Tedesco Jon Ortner Jorge Newbery Josh Craig LoanBidz.com Marc Heenan MCS Mike Tamulevich Picket Homes PlanOmatic preREO Property Masters RCN Capital Seth Phillips Single Family Rental Single-Family Rental Summit 2021 Todd Brown Trey Cummings Victor Cianci Zach Bassett 2021-05-07 Eric C. Peck The Best Markets For Residential Property Investors 2 days ago  Print This Post Sign up for DS News Daily 23 days ago 677 Views last_img read more

Continue Reading

Report into Cllr Slowey expenses likely to come before council

first_img Pinterest Facebook By News Highland – April 14, 2011 448 new cases of Covid 19 reported today NPHET ‘positive’ on easing restrictions – Donnelly News Pinterest Google+ The Standards in Public Office Commission has found that Donegal Councillor Terence Slowey acted recklessly in double claiming for expenses when he attended two conferences in Cork and Kerry on the same weekend in 2008.After a hearing a month ago, the commission finds Cllr Slowey breached ethics guidelines by claiming twice for the journey, and by failing to attend the entire conference in Killarney.During the initial hearing into the case last month, Cllr Slowey’s lawyer said there was no question that he had claimed double expenses. However, he stressed it was not done intentionally, and the money was returned as soon as the error was detected.In its report, the commission says it had to determine whether the contraventions of the Local Government Act were committed inadvertently, negligently, recklessly or intentionally;In each case, the Commission finds that the contraventions were committed recklessly, and they were, in all the circumstances, serious matters.The Commission concludes that the claiming of unwarranted expenses is unacceptable, and is a serious matter. The Commission also finds that Councillor Slowey did not act in good faith in relation to each of the contraventions.Copies of the Commission’s report are now being sent to Donegal County Council, and to the Ministers for Finance and the Environment.Meanwhile, Mayor of Donegal Cllr Cora Harvey has looked at the report.It’s likely the report will have to come before the Council at its next meeting.And she says that it will be more clear what the process will be in relation to Cllr Terence Slowey in the coming days……[podcast]http://www.highlandradio.com/wp-content/uploads/2011/04/cora1pm.mp3[/podcast] Twitter Guidelines for reopening of hospitality sector published Report into Cllr Slowey expenses likely to come before councilcenter_img Previous articleCouncillor walks out of Buncrana chamber in row over report delayNext articlePSNI granted another six days to question suspects in Kerr murder News Highland Twitter Three factors driving Donegal housing market – Robinson RELATED ARTICLESMORE FROM AUTHOR WhatsApp WhatsApp Google+ Calls for maternity restrictions to be lifted at LUH Facebook Help sought in search for missing 27 year old in Letterkenny last_img read more

Continue Reading

EU figures show serious rise in Irish youth unemployment

first_imgNewsx Adverts EU figures show serious rise in Irish youth unemployment Calls for maternity restrictions to be lifted at LUH Twitter Pinterest Previous articleCustoms official seize car of woman involved in Buncrana standNext articleNRA confirm extra roads money for Donegal News Highland By News Highland – May 19, 2010 Pinterest Google+ Facebook Google+ NPHET ‘positive’ on easing restrictions – Donnelly center_img Figures released by the EU commission this week show that youth unemployment in Ireland stood at almost 28% at the end of March, over 7% above the EU average.Commenting on the figures, North West MEP Marian Harkin says the Irish Government must take decisive action immediately to introduce a coherent and brave employment strategy to address the current situation.She also says it’s vital that credit is made available by the banks to allow small and medium sized businesses to invest and grow.Ms Harkin says given that unemployment in Donegal and the West is stastically higher than the national average, it’s reasonable to assume the figure here is well over 30%……….[podcast]http://www.highlandradio.com/wp-content/uploads/2010/05/00mhark3pm.mp3[/podcast] WhatsApp Facebook Three factors driving Donegal housing market – Robinson Twitter Guidelines for reopening of hospitality sector published WhatsApp RELATED ARTICLESMORE FROM AUTHOR LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Almost 10,000 appointments cancelled in Saolta Hospital Group this weeklast_img read more

Continue Reading

Met Eireann predicts more ‘unusually’ warm weather

first_imgNewsx Adverts Met Eireann predicts more ‘unusually’ warm weather NPHET ‘positive’ on easing restrictions – Donnelly Facebook By News Highland – March 26, 2012 LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Calls for maternity restrictions to be lifted at LUH Met Eireann says Ireland is experiencing unusually warm weather for this time of year.Yesterday parts of the country, were warmer then Mediterranean countries like Greece or Tenerife – with temperatures reaching almost 21 degrees.Met Eireann’s weather station in  Finner Camp and Malin both reached 20CAnd Forecaster Pat Clarke has some good news for us – he says the fine weather will remain for the coming days:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/03/08clarweather.mp3[/podcast] Guidelines for reopening of hospitality sector published Google+ WhatsApp RELATED ARTICLESMORE FROM AUTHORcenter_img Pinterest Previous articleTwo men in critical condition following separate weekend incidentsNext articleNew search underway for missing Arlene Arkinson News Highland Twitter Almost 10,000 appointments cancelled in Saolta Hospital Group this week WhatsApp Facebook Pinterest Three factors driving Donegal housing market – Robinson Twitter Google+last_img read more

Continue Reading