Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Print This Post Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago November 2, 2017 1,196 Views Tagged with: HOUSING mortgage Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Results are in: How Ocwen Performed in Q3 Subscribe Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech’s College of Media and Communications. Her thesis will be published by the International Communication Association this fall. To contact Casperson, e-mail: [email protected] HOUSING mortgage 2017-11-02 Nicole Casperson About Author: Nicole Casperson Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: GOP Tax Reform to Impact the Housing Market Next: Amazon’s Prime Place On Thursday, Ocwen Financial Corporation announced operating results for Q3 2017. The company recorded a net loss of $6.1 million, which amounts to $0.05 per share for three months prior to their September 30, 2017 end date. This figure is a step forward for Ocwen, who reported a net loss of $9.5 million for the three months prior to their September 30, 2016 end date. Additionally, the Q3 2017 net loss is a $38 million improvement over Q2 2017. Total revenue amounted to $284.6 million, which is 20.8 percent lower compared to Q3 2016. Ocwen attributes this loss to “the impact of portfolio run-off and lower HAMP fees due to the expiration of the program.”“We continued to make progress during the third quarter on a number of fronts,” commented Ron Faris, President and CEO of Ocwen. “We transferred the first tranche of mortgage servicing rights under our July agreements with New Residential Investment Corp., and we made progress settling some of our regulatory matters.” Faris continued, “Our servicing business continues to perform well despite portfolio runoff and achieved its fifth consecutive quarterly pre-tax profit. We continue to focus on helping homeowners in need, including those recently impacted by the hurricanes through a variety of targeted programs. I would also note that our own offices, especially those in the United States Virgin Islands, sustained substantial damage, but we have been able to maintain operations with only minimal interruption.”During Q3, Ocwen also completed 6,544 loan modifications—9 percent of those were HAMP modifications. Ocwen noted that the HAMP program ended in December 2016, but modifications in process at that time continue to close. Additionally, delinquencies were down from 11.2 percent at December 31, 2016 to 9.4 percent at September 30, 2017, primarily driven by loss mitigation efforts.The company also originated forward and reverse mortgage loans with unpaid principal balance of $541.2 million and $227.8 million, respectively.“Our reverse mortgage portfolio ended the quarter with an estimated $98.7 million in undiscounted future gains from forecasted future draws on existing loans,” the company’s release noted. Earlier this week, Black Knight announced that Ocwen signed a definitive agreement to transition to Black Knight’s LoanSphere MSP loan servicing system. John Lovallo, spokesperson for Ocwen, said this announcement demonstrates the company’s commitment and continued focus on its core mission of helping homeowners. “Over a multi-year period, Ocwen undertook a detailed review of industry leading mortgage loan servicing systems,” Lovallo said. “Our decision to transition to the LoanSphere MSP loan servicing system is part of Ocwen’s corporate objectives of reducing costs, streamlining the technology product suite, and creating efficiencies within the organization.” The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Headlines 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 Share Save Results are in: How Ocwen Performed in Q3 Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago
– says Ramjattan should take responsibility for unrestIn commending the efforts made by the joint services in responding to the crisis at the Georgetown Prison on Sunday last, Opposition Leader Bharrat Jagdeo said the People’s Progressive Party/Civic (PPP/C) would encourage the law enforcement agencies to engage in a “large-scale manhunt” for the eight prisoners who escaped from the penitentiary during the fiery unrest.Jagdeo made these remarks on Wednesday while addressing the media during aOpposition Leader Bharrat Jagdeopress conference. The former president said his party would give its continued support to the joint services, unlike what had obtained when the present ruling administration had served in the Opposition during the 2002 escape of five prisoners from the Georgetown Prison — which led to the creation of violent gangs and serious crime for many years.“…no political support from the Opposition; and secondly, we are not going to go to any communities and ask them to provide safe havens for any of the escapees. Our security forces will not be shot at when they go into communities, or have to face an entire community,” Jagdeo remarked, while recounting incidents wherein women and children were used to block security forces from going after criminals.The former head of state also recalled that during the 2002-2009 crime spree, the current Government ministers, who served in the Opposition back then, had also vilified the police; but he said, “No escapee will have political cover now, as they did in the past.”Jagdeo also reiterated that the PPP/C would continue to fully support the security forces as they move to restore law and order in the country.Government was also criticised by the Opposition Leader for negotiating with prisoners during last year’s deadly prison riot that left close to two dozen inmates dead, and for negotiating again with inmates this past Sunday. He described the situation at hand as a “moral hazard” which could get out of control if the Government continues to respond every time to the demands of prisoners.Using one example of how the Government has given in to the demands made by inmates in this most recent incident, Jagdeo said it was decided, subsequently after the unrest on Sunday, that several inmates would be released on self-bail or be granted shortened prison sentences. “It is going to affect us in the long-term, whoever is there in office. We can’t be expedient and sow seeds for another crisis in the future,” Jagdeo further warned.ResponsibilitySome level of restraint was exercised by the Opposition since Sunday’s prison unrest, to allow the security forces to do their jobs, Jagdeo told media operatives. However, he said now that there is not much cause for optimism, especially since the issue is not being appropriately addressed, he has decided to speak out on the matter.“What we have seen from the Government does not give us cause for much optimism that they are being truthful and that they are in total command of the situation. Photo opportunities, press conferences, public statements are meaningless unless they are backed by substance. And what we have seen is an early attempt to absolve themselves from any responsibility whatsoever,” he opined.Saying the issue should be treated with more seriousness, Jagdeo referred to statements made by Public Security Minister Khemraj Ramjattan, who claimed that because the Government has had to pump sums of money into the sugar industry, it had to defer implementing various capital projects intended to tighten security at all prisons, as were recommended by the Commission of Inquiry (CoI) which stemmed from the previous incident.“Ramjattan has to take responsibility for what’s going on. He has to take responsibility just like in the past, when they used to call on PPP/C ministers — when there was a problem in the sector — to resign. Well, I’ve seen lots of public calls for Ramjattan to resign. Maybe he should consider it, or Granger (President) should consider firing him at this point in time,” he added.Jagdeo said that unlike his party, which while in Government was accused of lacking security experience, the now coalition Government is “overladen with national security experience,” given the number of former army officials who serve in senior capacities in Government; but they have failed to respond effectively to the crisis; and days later, they are still struggling to get things in order.The Opposition Leader expressed hope that there will be an emergency session of the National Assembly to have a full debate on the situation, so as to ensure continued public safety.The Opposition is calling for full disclosure of all aspects of the tragedy that occurred at Camp Street Prison, and has repeated calls for full disclosure to likewise be made of all aspects of the identical tragedy — including loss of lives and destruction of property — that occurred there in March 2016.
The new ISPCA Donegal Animal Rehabilitation Centre (ARC) is celebrating its first birthday this week.Located outside Letterkenny, the centre has already cared for 233 animals over the past 12 months.There’s never a dull moment at the centre, and there’s never an average day in the life of ISPCA Senior Inspector Kevin McGinley. Kevin joined the ISPCA team 19 years ago. In 2003 he became an Animal Welfare Inspector and was promoted to Senior Inspector in 2017. Kevin covers the North West region of the country which includes Donegal, North Sligo and North Leitrim. Here, Kevin shares an insight into his job helping animals across the North West, and has some key advice for animal owners: Describing an average day rescuing Ireland’s most cruelly treated, neglected and abused animals in the Donegal area, Kevin said: “I enjoy my job as a senior Inspector but it can also be challenging at times. What I find rewarding is seeing the animals that I have helped go on to live happier lives. No two days are the same and I enjoy the variety but at the same time some days can be distressing and upsetting when I am removing an animal from a terrible situation. I try not to dwell on it because I know there will be more animals that will need help tomorrow. I am lucky to be in a job where I can make a real difference, to help animals that are suffering and giving them a second chance of a happier life.ISPCA Senior Inspector Kevin McGinley“A typical day for me would be reviewing the calls allocated from the helpline first thing to prioritise them and map out my route. This can change depending on the urgency of the calls I receive throughout the day for example, my first call was to investigate a complaint about two Shetland ponies. The caller was concerned about their hooves that appeared to be overgrown and one pony looked lame.“On arrival at the property, I could see that both ponies were in need of farrier treatment. They had access to clean drinking water and they appeared to be well fed. I scanned both ponies but unfortunately they were not microchipped which, is a legal requirement enabling identification of an owner. I left a notice requesting the owner to contact me and I also proceeded to make some local inquiries and called into the local Gardaí station. I planned on returning to the property again to follow up. “Most of the calls I investigate are not deliberate acts of cruelty and the majority of cases are neglect as a result of a pet owner not fully understanding animal welfare and their responsibilities as a pet owner. I offer practical advice and try to help resolve any welfare issues that arise. My first priority is always the welfare of the animals concerned and initiating prosecutions is the last resort.“My next call was to meet the owner of a collie dog who contacted us for help. The dog’s owner was suffering from a sudden illness and was struggling to care for his dog called Poppy. He asked for help and we both agreed that the best outcome for Poppy was to surrender her into the care of the ISPCA. Poppy spent two months at the ISPCA Donegal ARC and received some training to help prepare her for a new home. She was the first dog to be rehomed from the centre.“The next port of call was to investigate a complaint about a large number of cats, described as thin and some heavily pregnant. On arrival at the property, I counted at least ten cats gathering at the front door. I approached the owner and I explained my reasons for visiting. The owner told me she had been feeding about twenty two cats but most of them were shy to human approach. It transpired the majority of the cats were female and none of them were spayed.“We agreed that she would surrender twenty of the cats into ISPCA care and that she would keep two cats once they were spayed/neutered.“I made arrangements to return with cat traps and once space was available to remove the cats and transport them at the Centre. I explained that once she started feeding the cats, she took on responsibility for them and the kindest thing to do is to spay or neuter them so they don’t continue to breed uncontrollably causing unnecessary suffering. “After a quick sandwich, I make my way to a local secondary school where I gave a talk to students there about the work of the ISPCA and to promote responsible pet ownership. The students were very enthusiastic and asked lots of questions. They plan to organise a fundraiser later in the year to support our work at the centre.“On my way home I received a call informing me that the cat trap I set the evening prior, to capture an injured cat was successful. I collected the cat took him to a local veterinary practice for examination as its right hind leg was injured and required treatment.“I return to the centre to finalise some paperwork and return some calls and emails. The last call of the day was to release a hedgehog that was injured and following veterinary treatment, he made a full recovery and was ready to go back to nature where he belongs.“The vast majority of my day is spent in the van investigating animal cruelty complaints in Donegal, North Sligo and North Leitrim. I take my job seriously and work hard to prevent animal cruelty. I aim to educate pet owners on their legal responsibilities and to promote high standards of animal welfare both locally and nationally. “The public are less tolerant of what they perceive to be animal cruelty and more and more people are contacting the ISPCA to highlight their concerns.“I am grateful to the people of Donegal and the surrounding area who take the time and effort to report cruelty so we can investigate them and take action if necessary. By making that call, you are helping to make a difference to that animal’s life. None of this would be possible without the continued support of the public.”Kevin’s one bit of advice to anyone thinking of getting a pet is to think carefully to ensure adequate time and financial resources are available to properly care of any new pet. It is a life-long commitment and a decision that should not be made on a whim. Owning a pet can be a lot of fun and is very rewarding but it is also a big responsibility.Funding is vital for the ISPCA to continue our work caring for all animals and to be able to expand and provide more Inspectors to cover more areas. Together we are achieving great results that will have a lasting impact for so many animals in Donegal and the surrounding area well into the future.For more information about the ISPCA Inspectorate Team and to download the latest Inspectorate Report, please visit https://www.ispca.ie/ispca_inspectorate_reportsTo support the ISPCA’s work by making a kind donation, please visit https://www.ispca.ie/donate/once_offGiving animals a second chance: A day in the life of an ISPCA Inspector was last modified: June 23rd, 2019 by Rachel McLaughlinShare 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:ISPCAKevin McGinley
Helen Hansma likes being a grandmother and studying the origin of life, according to a video on PhysOrg. To show she’s not over the hill, though, she came up with a sexy new hypothesis for how we got here: life emerged “between the sheets” – of mica. Her video clip explains three parts to her hypothesis: (1) Mica sheets provide safe havens for molecules to evolve; (2) Mica has potassium, and life uses lots of potassium; and (3) Mica sheets can rise and fall as waves of water intrude the thin layers, providing a source of mechanical energy to keep things thrusting between the sheets.07/11/2002). The article, based on a press release from the NSF, presented her new ideas cheerfully. PhysOrg embellished the new hypothesis further with by claiming that “That age-old question, ‘where did life on Earth start?’ now has a new answer,” titillating readers with a flashy headline, “The Secret of Life May Be As Simple As What Happens Between the Sheets – Mica Sheets.”You can try this at home. Put some watch parts in an accordion and pump till a watch comes out. If you want NSF funding, find a way to make your experiment sound sexy. (Warning: experimenting on the origin of life between your own sheets does not qualify. Maybe the Kinsey Institute will finance that.)(Visited 18 times, 1 visits today)FacebookTwitterPinterestSave分享0
Iran’s Ghasem Gholamreza Rezaei grappled to Olympic wrestling gold in the men’s 96kg division on Tuesday, defeating Russia’s Rustam Totrov on points in the final. Rezaei, 26, won 3-0 to take down the 2011 world bronze medalist and secure a third wrestling gold for his country.Artur Aleksanyan of Armenia beat Cuba’s Yunior Estrada Falcon 3-0 in the bronze medal match.Jimmy Lidberg, the 2011 world silver medalist from Sweden, won the second bronze medal in the category, beating Belarusian athlete Tsimafei Dzeinichenka 3-1.