Sunday 27 February 2011 11:32 pm Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Show Comments ▼ whatsapp WORSE than expected GDP figures for the fourth quarter of 2010 shocked economists when released at the end of last week. But many expect the latest business surveys, out this week, to show a strong rebound in the UK economy.“Business surveys suggests that the economy is growing at a steady pace,” said Michael Saunders of Citigroup, “with inflation lifted by strong cost pressures”.Purchasing managers’ index (PMI) figures showed a sharp uptick in January, with the UK’s largest sector – services – rebounding to an eight month high.The PMI data showed strong growth across the board, particularly in manufacturing, and even in a construction sector hit by government spending cuts.“Survey evidence for February will offer key evidence as to whether the bounce back in activity in January from December’s severe weather-related hit is being sustained,” commented Howard Archer of IHS Global Insight.“We expect GDP to rebound by 0.8 per cent in the first quarter of 2011 as some of the activity lost to December’s severe weather is made up,” Archer added.In the final three months of last year, the economy shrank by 0.6 per cent, the Office for National Statistics (ONS) said. Heavy snow is blamed for a half per cent contraction, yet the economy would have shrunk by 0.1 per cent anyway, its figures suggested.“Given the strength of the business survey data, which continued to report reasonably strong growth in quarter four, the GDP number raises some significant questions over the relationship between the surveys and the official data,” said Andrew Goodwin of the Ernst and Young Item Club.“Our hunch is that the reality is closer to what the business surveys are telling us,” he added. Share whatsapp Tags: NULL PMI surveys set to point to recovery KCS-content
67 total views, 1 views today Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: Management Recruitment / people Resource Alliance Howard Lake | 23 October 2009 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Video interview with Giles Pegram 68 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Giles Pegram, Director of Fundraising at the NSPCC since 1979, attended the second International Fundraising Congress in Zurich. Today, attending the 29th annual Congress, he told UK Fundraising why the event was so important, and recalled highlights.
Related Articles Subscribe Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News, Servicing Share Save Tagged with: Five Star Conference Five Star Virtual Conference Previous: Legal League 100 Summit: A Focus on Challenges, Forbearances Next: And the 2020 Lifetime Achievement Award Goes To . . . Five Star Virtual Conference Explores Industry Pandemic Response The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Print This Post About Author: Phil Hall Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 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. The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Five Star Virtual Conference Explores Industry Pandemic Response Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Five Star Conference Five Star Virtual Conference 2020-09-14 David Wharton This year’s Five Star Virtual Conference looked rather different from its predecessors as an all-virtual presentation.Ed Delgado, Chairman Emeritus of Five Star Global, opened the event by acknowledging the economic tumult and public health concerns of the ongoing pandemic, referring to the “uncharted territory” that the industry has entered while praising the indefatigable spirit of mortgage professionals to push ahead during the crisis.“As a collective body, we are an industry that is the heart and soul of America,” Delgado said. “We make home possible, and we stand at the ready to protect and defend that dream each and every day, for this industry was built to overcome challenges.”Addressing challenges was the dominant theme in the conference’s first day, with several speakers comparing today’s difficulties with the obstacles that arose in the last great economic crisis in 2008. Kurt Johnson, Chief Credit Officer at Mr. Cooper, recalled the loose Housing Bubble-era underwriting standards and praised the Dodd-Frank Act for helping to stabilize the housing market.Steve Bailey, Senior Managing Director and Chief Mortgage Operations Officer at PennyMac Financial Services, observed that the industry benefited from “lots and lots of lessons learned” since 2008, although new challenges including a greater understanding by borrowers of the concept of forbearance after “some history of people thinking that was about forgiveness, which everybody knows that is not.”Suzy Lindblom, COO at Planet Home Lending, identified the millennial demographic as a challenge, calling on mortgage professionals to “help them understand homeownership and how to get into homeownership.” She also cautioned the conference audience that millennials have different communication traits and expectations from previous generations.“They were born with iPads in their hands, so they do a lot of upfront research,” she said. “They’ve already gone on Realtor.com and Zillow.com. They want the convenience of being able to do the research. They don’t want an authority to come in and help them—they want a partner and the ability to do everything online.”Laura Escobar, President of Eagle Home Mortgage, envisioned removing the complexity that often burdens loan origination by using technology to create “world’s simplest path to homeownership” for all stakeholders.“We’ve been focusing on removing the friction from the homebuying process for years now,” she said. “Automation bots, digital mortgages, e-closings, data versus documentation. The homebuyers of tomorrow grew up with mobile banking, mobile check deposits, mobile everything. They expect the same level of digitization and automation from their mortgage providers.”Of course, the pandemic is still with us, and yesterday’s normalcy has not elbowed the new normal aside. Michael Keaton, Chief Servicing Officer at Shellpoint Mortgage Servicing, praised the servicing side of the industry for being able to quickly migrate from the traditional call center operation to today’s remote-work constellations.“Not only are we remote, but some of our remote associates are people we have never met in person,” he remarked, noting this was a change from the traditional servicing set-up “where there really is a teamwork element to it, where folks rely on each other and lean over the cubicle wall when they need a little bit of help. There’s also the camaraderie that comes from working in close-knit teams, particularly when you’re a company like Shellpoint where a very small percentage of our folks pre-COVID were working from home—maybe 10%, probably close to 5%.”Stanley Middleman, CEO of Freedom Mortgage, recalled how his company transitioned from “a Thursday when we were working in our office and business was as usual [to a] Tuesday the following week [when] we woke up and 98% of our population is working from home.” He believed the nimbleness of mortgage companies to take on this abrupt shift is the year’s most important story.“The big takeaway was that not only could we survive and succeed and do our jobs, but we could actually thrive,” he said. “Out of all this, we’ve become boundless in our opportunity. We’ve been breaking record after record every month in originations, and all the while we were supporting over 100,000 requests for forbearance, generating huge volumes of originations and hiring 1,000 and 1,200 people a month through each of the last three or four months. The lessons learned here are multifaceted.”Terry Smith, CEO of Rushmore Loan Management Services, went even further in praising the industry’s ability to meet and overcome pandemic-era challenges.“We were able to turn the switch off from being in the office on one day and five days later we were up and running,” he said of the industry’s remote workforce. “I think we’ve done a great job. All of our employees are really the frontline heroes of the industry.”You can see all our Five Star Virtual Conference coverage by clicking here. September 14, 2020 1,112 Views
News UpdatesDelhi HC Directs Status Quo By NHAI As Regards Toll Contractors’ Bank Guarantees, Other Securities Pending Force Majeure Claims Amid COVID-19 [Read Order] Mehal Jain22 Jun 2020 10:47 PMShare This – xIn view of the the toll collection at various toll plazas across the country being drastically reduced on account of COVID-19 and the various restrictions imposed by the Central and State Governments, the Delhi High Court on Monday directed the NHAI to maintain status quo as regards the invocation of bank guarantees and forfeiture of cash performance security of its toll…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginIn view of the the toll collection at various toll plazas across the country being drastically reduced on account of COVID-19 and the various restrictions imposed by the Central and State Governments, the Delhi High Court on Monday directed the NHAI to maintain status quo as regards the invocation of bank guarantees and forfeiture of cash performance security of its toll contractors. The Single Judge, however, required that the contractors shall continue to deposit all the toll collected at the various toll plazas with NHAI, after deducting the retention amount as per the respective contracts. The bench was hearing Petitioner, Skylark Infra Engineering Pvt. Ltd., which runs around 15 toll plazas across the country, against the NHAI and the Ministry of Road Transport & Highways. It is the Petitioner’s case that the lockdown on account of COVID-19, which came into effect from March, 2020, has affected the toll collections as also the payments to NHAI. The gravamen of the dispute is that in respect of the contracts relating to the toll plaza in Assam and Meghalaya, the Petitioner has been threatened that performance bank guarantees will be encashed and cash performance security forfeited to the tune of approximately Rs.9.44 crores. It is advanced that in fact, the NHAI had directed the toll contractors not to collect any toll during the period March 26, 2020 to April 19, 2020. On account of the aforesaid, the toll contractors have raised force majeure claims in terms of their contracts. The Ministry has issued an office memorandum dated 18.05.2020 specifying the manner in which relief for force majeure should be provided to the contractors. Pursuant to the said office memorandum NHAI had issued a policy circular dated 28.05.2020 further elaborating the manner in which force majeure relief is to be provided to toll contractors. After various representations from the industry, MoRTH issued an office memorandum dated June 3, 2020 stating that relief to the toll contractors will be provided as per their respective contracts. A bench comprising Justice Prathiba M Singh its order dated June 22 directed that status quo may be maintained in regard to the cash performance securities and performance bank guarantees until the next date of hearing i.e. July 2, 2020. The court has also recorded in its order that there are various questions that have arisen in respect of maintainability and joining of reliefs relating to various contracts together. The aforesaid order brings a major relief to the toll contractor during the on-going COVID-19 pandemic with respect to all its toll plazas. Other toll contractors facing similar threats of invocation of their performance securities are expected to follow soon. The petitioner was represented by Mr. Sandeep Sethi, Senior Advocate and Mr. Krishna Vijay Singh, Mr. Manish Dembla, Mr. Nachiketa Goyal and Mr. Pradyuman Sewar from Kochhar & Co. NHAI was represented by Mr. Narendra Hooda, Senior Advocate along with Ms. Padma Priya and Ms. Neetica Sharma. MoRTH was represented by the Solicitor General of India, Mr. Tushar Mehta along with Mr. Dev P. Bhardwaj.Click Here To Download Order[Read Order]Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story
Community Enhancement Programme open for applications Pinterest WhatsApp Important message for people attending LUH’s INR clinic Google+ Twitter Previous articlePlans submitted for a distillery at CloghanNext articleChampions have it easy with Termon – Dermot Molloy News Highland Arranmore progress and potential flagged as population grows Twitter Google+ Facebook Pinterest Pub opening hours could be extended as Covid rise causes concern By News Highland – August 15, 2020 WhatsApp AudioHomepage BannerNews Loganair’s new Derry – Liverpool air service takes off from CODA Facebook RELATED ARTICLESMORE FROM AUTHOR Nine til Noon Show – Listen back to Monday’s Programme Pub opening hours could be extended under new government plans aimed at discouraging house parties.According to the Irish Independent, venues serving food could be allowed open longer due to concern about gatherings in homes after they close at 11pm.It comes as 67 new cases of Covid-19 have been confirmed across 13 counties, the majority in Dublin and Kildare, and at least one of them in Donegal. The county is now on the verge of 500 confirmed cases of Covid-19 since the pandemic began, with the CSO reporting 41 deaths in the county, the last of them four months ago.The Acting Chief Medical Officer’s warning people to continue to socially distance to prevent Ireland returning to where it was in March and April.Dr Nuala O’Connor from the Irish College of General Practitioners says the rise in cases remains a worry…….. Publicans in Republic watching closely as North reopens further
FEMA overhauled the National Flood Insurance Program, which will result in savings or stable premiums for most homeowners. (iStock)The National Flood Insurance Program finally took a leap into the 21st century.For the first time in more than five decades, the Federal Emergency Management Agency is making major changes to the program, which covers nearly 5 million homes. For most homeowners, that’s translating into reduced or stable premiums, according to Bloomberg News.There will be increases of at least $10 a month on roughly 11 percent of homes in the program, primarily higher-value properties. Those premiums may increase until they hit a $12,000 annual cap.Previously, newer properties had some of the lowest fees, while some of the oldest homes in the program were charged the most.ADVERTISEMENT“There was an inequity in the program that built up over time that needed to be addressed,” David Maurstad, senior executive of the NFIP, told the publication.Read moreFlooding caused by climate change leads to mounting real estate costsSouth Florida real estate on climate change: ‘Que Sera, Sera’Fire and rain and real estate: Investors take closer look at climate risk Full Name* Email Address* Message* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink FEMA has adopted catastrophe models used by the private insurance industry to help determine premiums — a significant change from its circa-1970s model, which rated properties based on whether they were in severe flood zones and what their elevation was.The new program’s rollout will be gradual, and increased premiums won’t kick in until April 2022. In turn, FEMA’s revenue will drop by nearly $500 million during the program’s first year, down from the $4.5 billion it currently collects in premiums. It will eventually even out in a process that could take as long as 15 years.Premiums in the NFIP have been rising for years, but the program is more than $20 billion debt because of sea level rise and increased storms.[Bloomberg] — Danielle BalbiContact Danielle Balbi Share via Shortlink Tags Climate ChangeFEMAHousing Market
Tags: Golf/sports Written by FacebookTwitterLinkedInEmailSALT LAKE CITY-Monday, Utah high school golfers were granted one last chance to compete.May 27, under the direction of the Utah Section PGA, high school golfers will have one final state meet to determine individual medalist honors and a statewide all-state team May 27.This event is not sanctioned by the UHSAA but conducted by the Utah Section PGA.It will send up to six players to the course for an 18-hole competition May 27 at Meadowbrook Golf Course of Taylorsville in 5-A and 6-A competition.Team scores will not be counted but high school coaches may sign up their teams as a group at utahpga.com.Individual state meets for 1-A boys and 2-A, 3-A and 4-A girls will occur June 3. These tournaments are also slated for Meadowbrook.No coaches or caddies will be permitted on the course, similar to restrictions in past state tournaments.Galleries will also be limited and CDC guidelines for hygiene and social distancing will be promoted.A one-time $40 entry fee will pay for all fees associated with the tournament. Individuals can sign up through their respective high school coaches by emailing [email protected] before May 15.In accordance with CDC guidelines for all golf courses, all flag sticks will remain in the pins. Furthermore, no rakes will be left in bunkers and players will not congregate in a designated scoring area.Individual scorecards will be dropped in a secure scorecard box to allow section members and volunteers to tally the individual leaderboard.Utah Section PGA Executive Director Devin Dehlin said the admittance of spectators, including parents, on the course is currently undetermined.However, it is likely that no galleries will be permitted on the day of the tournament, Dehlin said.Following the meet, the Utah Section PGA will select 10 players from each classification to the all-state first team. May 11, 2020 /Sports News – Local Utah High School Girls Golfers Given One Last Chance To Compete Brad James
Home » News » Unissu targets growth of procurement platform previous nextProptechUnissu targets growth of procurement platformThe Negotiator6th December 20190876 Views Unissu.com, a proptech marketplace, has raised US$800,000 of investment led by M7 Real Estate with high profile experts in digital transformation in real estate. These include Harry Hill, Founder of Rightmove, the Central Europe-based Property Forum, Asia PropTech and Robert Gilchrist, the former CEO of Rockspring. Richard Croft, Executive Chairman of M7, has also joined Unissu’s board.We believe in the potential offered by innovative solutions offer the real estate industry, this is no exception.Founded by James Dearsley and Eddie Holmes, Unissu provides an easily navigable and free online platform that allows people to understand the technologies they require and matches them with suitable and trusted vendors. This latest round of funds will help to further scale the platform’s global procurement tool.Unissu CEO, Eddie Holmes said, “For many real estate companies considering the adoption of technology to grow their businesses, the key deterrents are often working out exactly what they need and subsequently finding a vendor that they can trust to meet those requirements. This is the primary reason that our procurement tool has quickly become firmly established as our key feature.“At no cost to the user it takes the pain out of this process and enables property firms to find the best technology solutions, wherever they may be in the world. From the other side of the equation, Unissu is also a valuable tool for opening new markets and finding new customers for new and established proptech suppliers around the world.”Richard Croft, Unissu Director and Executive Chairman of M7 added, “One of the key factors in our success in building M7’s international investment management platform has been our adoption and development of technology. We are ardent believers in the potential that innovative solutions offer the real estate industry and Unissu’s platform is no exception.”I, and the impressive group of co-investors James and Eddie have brought together, believe that this tool will become an increasingly invaluable weapon in the armoury of any property company that wants to use technology to add value to its business.”proptech marketplace James Dearsley online platform proptech technologies Eddie Holmes unissu December 6, 2019Jenny van BredaWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021