Fannie Mae, Freddie Mac Bring Foreclosure Prevention Total to 3.56 Million

first_img 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. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles in Daily Dose, Featured, News, Secondary Market Fannie Mae, Freddie Mac Bring Foreclosure Prevention Total to 3.56 Million Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post The Best Markets For Residential Property Investors 2 days ago About Author: Brian Honea Previous: Distressed Sales Move Closer to ‘Normal’ Levels Next: Ask the Economist: Rise in Employment, Millennial Demand Will Bring Housing Up in 2016 Subscribe Fannie Mae FHFA Foreclosure Prevention Freddie Mac 2015-10-08 Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago October 8, 2015 1,381 Views center_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Share Save Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Fannie Mae, Freddie Mac Bring Foreclosure Prevention Total to 3.56 Million Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Fannie Mae and Freddie Mac completed another 19,485 foreclosure prevention actions in July, according to the FHFA’s July 2015 Foreclosure Prevention Report released Thursday.The total of foreclosure prevention actions completed by the GSEs in July was more than double the number of foreclosure sales executed during the month (9,316), according to FHFA.With July’s total of nearly 20,000 foreclosure prevention actions, the Enterprises have now completed 3.56 million such actions since the start of the conservatorship in September 2008, according to FHFA. More than half of those 3.56 million foreclosure prevention actions (1.84 million) have been permanent loan modifications. There were 12,237 permanent loan mods completed in July, about 63 percent of the foreclosure prevention actions.Improved house prices and a declining HAMP-eligible population resulted in a decline in modifications with extend-term only down to 48 percent in July. Meanwhile, the share of modifications with principal forbearance dropped to 18 percent.About 1,000 fewer foreclosure prevention actions were completed in July than in June (20,435 compared to 19,485). According to FHFA, 3,122 of the foreclosure prevention actions in July were home forfeiture actions (short sales and deeds-in-lieu of foreclosure). While the number of overall foreclosure preventions declined month-over-month, the number of home forfeiture actions within that category slightly increased (from 3,094 in June to 3,122 in July).The serious delinquency rate on mortgages backed by Fannie Mae and Freddie Mac declined by another four basis points from June to July, from 1.61 percent down to 1.57 percent. The number of foreclosure starts on GSE-backed mortgages declined substantially by 13 percent, from 22,303 down to 19.481.Click here to view the FHFA’s full report. Tagged with: Fannie Mae FHFA Foreclosure Prevention Freddie Maclast_img read more

Laliberte reflects on career at Exchange Club

first_img Laliberte reflects on career at Exchange Club Remember America’s heroes on Memorial Day Hassett said Laliberte had been a strong influence at Troy University since she arrived in 1991 and has seen many changes over the years.And, it was those changes that Laliberte shared with the members of the Troy Exchange Club Thursday.She highlighted three areas of importance to her during her tenure at Troy University – athletics, academics and fundraising – but not necessarily in that order. You Might Like Nissen earns SHRM-SCP Troy Regional Medical Center is proud to announce that Human Resource Director Beth Nissen recently earned the SHRM Senior Certified… read more Skip Dr. Jean Laliberte, Troy University vice chancellor for development, was the guest speaker at the Thursday meeting of the Troy Exchange Club. Terry Hassett, left, was the program host. Jerry Beckett is the club president. Laliberte will be honored with a retirement reception form 2 until 4 p.m. today at the Daniel Plaza on the Troy University campus.Troy Exchange Club member Terry Hassett was taking no chance that Dr. Jean Laliberte would “get away” without speaking to the Troy Exchange Club.However, Laliberte who will be honored with a retirement reception today at Troy University, said emphatically that she is not leaving Troy. “I’ll be a Trojan the rest of my life,” said Lalibert, Troy University vice chancellor for development, in leaving the door wide open to volunteer opportunities at the university and in the community. “Nineteen-ninety one was not that long ago but many amazing things have happened at Troy University,” Laliberte said. She remembered when in 1992, the Troy University men’s basketball team set an NCAA scoring record by topping DeVry Institute 258-141. In 2001, Troy University moved to Division I, which was “the best thing that ever happened,” Laliberte said. She highlighted the completion of the women’s softball complex in 2003 and nationally the nationally televised beating of Missouri on the gridiron. “We won the Sunbelt Championship in football in 2005,” Laliberte said. “In 2010, the Trojan Arena was dedicated and we beat Navy in football. That was a big year.” By Jaine Treadwell Sponsored Content Published 3:00 am Friday, March 24, 2017 Troy falls to No. 13 Clemson Print Article Book Nook to reopen Email the author Pike County Sheriff’s Office offering community child ID kits Latest Stories In 2016, the university hosted DeMarcus Ware Day and, perhaps, not by coincidence, Ware and Laliberte are retiring in the same year, she said with a smile.In 2017, the men’s and women’s basketball teams won Sun Belt Championship and that was huge, Laliberte said.Academically, Laliberte recalled the university’s first capital campaign in 1996 with $21 million raised. In 1998, the university changed from the quarter system to the semester system.“In 2001, Troy hosted the first African American Leadership Conference and the conference has continued to grow every year,” Laliberte said. “In 2004, Troy State University dropped ‘State.’ Unless a university is a flagship ‘state’ university, it is assumed that it gets state dollars and that impacts donations.”After dropping “State,” donations to Troy University have greatly increased.Laliberte mentioned the university’s doctoral nursing program in 2006, the Confucius Institute in 2007, its designation as an All-Steinway school in 2014 and Troy University students participating in the archaeological dig that unearthed a Philistine Cemetery in Israel.Laliberte said new construction has given the university a new look and a greater purpose.The Rosa Parks Museum in Montgomery was completed and dedicated in 2001.“I attended the dedication and was able to watch the people as their lives were chronicled. The biggest change on campus was in 2004 with the Quad restoration,” Laliberte said. The new education building and the new student dining hall were additions of note as was the Confucius Institute. “The Janice Hawkins Park blows you away with its two art galleries and interpretive center,” Laliberte said. “Troy University is the only permanent site of terracotta warriors outside Xi’an, China.”Laliberte said the Troy community can look forward to future growth. She is excited about the end zone facility at the north end of Memorial Stadium; potential enrollment increases to 10,000 on the Troy campus and a continuing excellent town and gown relationship.Laliberte had good news all around but the best news for the Exchange Club members was that she may venture for a while but she’ll always come back home to Troy, Alabama. By The Penny Hoarder Plans underway for historic Pike County celebration Penny Hoarder Issues “Urgent” Alert: 6 Companies Are… Around the WebIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthTop 4 Methods to Get Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Former ‘RHOC’ Stars: Where Are They Now?

first_img– Advertisement – “They even said, ‘We’re shocked. We’re completely shocked at this,’” she exclusively told Us in May 2020. “’They know that you said you’d never become a ‘friend,’ so they want to give you a limited role.’ And I’m like, ‘No, thank you.’ That’s not what I said. I said, ‘F off!’ And then I just took a week or so and I just absorbed it. … I cried and I was scared.”Over the years, many faces have come and gone on the first Housewives series.Gretchen Rossi walked away in 2013 ahead of season 9. Heather Dubrow stepped away in 2016 after joining the cast in season 7. Meghan King, meanwhile, exited the series in 2018 after three years on the California-based show.- Advertisement – “I will always be the OG of the OC, but it’s time to say goodbye to The Real Housewives of Orange County. It’s been an incredible ride for 14 years and I want thank all of you for your support, for your love and for ‘whooping it up’ with me along the way,” she wrote at the time via Instagram. “I love all my fans, and I want to thank Bravo and Evolution for this incredible experience which my family and I have will never forget.”That same month, Tamra, who joined the show in season 3, announced her departure. The news came after Tamra was offered a part-time role for season 15, which she promptly declined. She opted to leave the show after 12 years after receiving a call from production saying they “decided to go in a different direction” and didn’t need her as a full-time cast member.- Advertisement – Scroll down for an update on all of the ghosts of Orange County’s past! Every orange can’t last forever! Following exits from OG star Vicki Gunvalson, Tamra Judge and Jo De La Rosa, Us Weekly is revisiting favorite former Real Housewives of Orange County stars.After 14 seasons on the Bravo series, Vicki announced in January 2020 that she was leaving the show.- Advertisement –last_img read more

Have you seen missing Great Dane pup from Castlegrove House?

first_imgHave you seen this pedigree Great Dane pup or have been offered it for sale?The pup, which is just six weeks old, went missing from the Castlegrove House area outside Letterkenny yesterday.The pup may have been stolen or it may have strayed away. The pup is mostly black with a white stripe and white paws and is called Marbles.It does not have a collar.Anybody with any information is asked to contact either Castlegrove House or [email protected] you seen missing Great Dane pup from Castlegrove House? was last modified: October 14th, 2016 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)last_img read more

49ers practice: Top things we learned Friday

first_imgSANTA CLARA — Veterans Joe Staley left home about 5:30 a.m. Friday, headed to the 49ers facility and met up with three other starting linemen before dawn to rehabilitate knee injuries. Their unified goal: to play in Sunday’s game against the Arizona Cardinals.What’s that say about the offensive line, other than they should get matching knee braces?“Tough group. Tough group,” Staley said. “Guys made of the right stuff, wanting to be out there for the team and do everything we can to help the …last_img

Patron of Child Month Calls on Jamaicans to Protect the Nation’s Children

first_imgPatron of Child Month, Hon. Douglas Orane, is reminding Jamaicans, that they have a responsibility to protect the nation’s children.“We need to keep our eyes open, and anywhere we see abuse or hints of it, we should report it.  It is irresponsible to take the stance of ‘mi nah seh nutten’,” Mr. Orane said.He was speaking with JIS News at the Half Way Tree Transport Centre on May 17, as the nation observed Children’s Day under the theme ‘Encourage, Enable, Include Me’.Mr. Orane also appealed for all Jamaicans to work together to end violence against the nation’s children.“What bothers me is that the Secret Gardens Monument in downtown Kingston which is dedicated to children who were murdered, has run out of space. Something is fundamentally wrong in the way we as adults are treating our children,” he said.As part of Children’s Day activities, members of the National Child Month Committee (NCMC), along with private and public entities, were in the Transport Centre and its immediate environs greeting children and handing out tokens.Children’s Day is the flagship event of Child Month which allows for special attention to be placed on the nation’s children.Other activities for Child Month include a Family Expo and Special Needs Resource Fair to be held at Hope Gardens, St. Andrew, on May 25 and the National Day of Prayer on May 29, at the Maranatha Gospel Hall, 7 Deanery Road.last_img read more

Would prefer not to match more VVPATs EC to SC

first_imgNew Delhi: The Election Commission (EC) on Friday rejected the a plea by 21 Opposition parties seeking 50 per cent sample matching of the EVMs with the corresponding Voter Verifiable Paper Audit Trails (VVPATs), and said that it should be allowed to continue with the present system. Seeking the dismissal of the plea by the 21 Opposition parties, the EC in its response said that the plea “does not raise any ground or base for altering” the existing system of sample checking and urged the court that the “present system … for the imminent elections be continued …” The EC said this in response to a notice by the top court on the Opposition parties plea for increasing the sample matching of the EVMs with the corresponding VVPATs. The top court had sought the EC’s response on March 25 when it had slammed the poll panel for insisting that there was no need for increasing the sample matching of the EVMs with the corresponding VVPATs.last_img read more

Malaysia Open Sindhu advances Saina out

first_imgKuala Lumpur: Shuttlers Saina Nehwal and H S Prannoy crashed out of Malaysia Open 2019 on Wednesday, while P V Sindhu and Kidambi Srikanth advanced to the second round. Saina, playing her first match since withdrawing from Swiss Open due to acute gastroenteritis, didn’t show the stomach for fight and went down to Thailand’s Pornpawee Chochuwong 22-20, 15-21, 10-21 in 54 minutes in the women’s single match. Saina has played Chochuwong five times in the BWF tour. But Wednesday’s win was the Thai’s first over the Indian. Also Read – Puducherry on top after 8-wkt win over ChandigarhIn another women’s singles match, Sindhu faced some challenge from Japan’s Aya Ohori in the first game, but dominated the second game and defeated her 22-20, 21-12 in 38 minutes. In the men’s singles, Srikanth registered 21-18, 21-16 win over Indonesia’s Ihsan Maulana Mustofa in 38 minutes. Prannoy, however, crashed out after suffering 21-12, 16-21, 14-21 defeat against Thailand’s Sitthikom Thammasin. The journey of men’s doubles pair Manu Attri-B Sumeeth Reddy also ended as they lost their first round match.last_img read more

Monetary economics in emerging markets needs a rethink RBI Guv

first_imgWashington: Observing that the global financial crisis has exposed several limitations of conventional and unconventional monetary policy tools, Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said monetary economics in emerging markets needs a rethink.This includes challenging the conventional wisdom of modern central banks to hike or reduce their interest rates by 25 basis points or multiples thereof, Das said in a special address delivered on the sidelines of the annual Spring Meetings of the International Monetary Fund and World Bank. Highly appreciated by the audience for his call for out-of-the-box thinking to address monetary policy challenges of the 21st century, Das said the unconventional monetary policies of advanced economies have resulted in “risks and spillovers” for the emerging markets. In his speech titled ‘Global Risks and Policy Challenges facing Emerging Market Economies’, Das observed that the global financial crisis has exposed several limitations of conventional and unconventional monetary policy tools. In despair, some have turned to the heterodox evolution of ideas that are being practiced as modern monetary theory, he noted. In the end, monetary policy must touch the real economy, spur investments, and maintain monetary and financial stability, he asserted. The time has come to think out of the box, including by challenging the conventional wisdom, he told the packed auditorium. Typically, modern central banks with interest rates as their main instrument move in baby steps — 25 basis points or multiples thereof — and announce a stance of tightening, neutrality or accommodation to guide the markets and the public on the likely future course of policy, he said. “One thought that comes to my mind is that if the unit of 25 basis points is not sacrosanct and just a convention, monetary policy can be well served by calibrating the size of the policy rate to the dynamics of the situation and the size of the change itself can convey the stance of policy,” the RBI Governor said. For instance, if easing of monetary policy is required but the central bank prefers to be cautious in its accommodation, a 10 basis points reduction in the policy rate would perhaps communicate the intent of authorities more clearly than two separate moves — one on the policy rate, wasting 15 basis points of valuable rate action to rounding off, and the other on the stance, which in a sense binds future policy action to a pre-committed direction, he said. Likewise, in a situation in which the central bank prefers to be accommodative but not overly so, it could announce a cut in the policy rate by 35 basis points if it has judged that the standard 25 basis points is too little, but its multiple, that is 50 basis points, is too much. “This approach can also be useful when the central bank is on a tightening mode and potentially help avoid policy turnaround from forward guidance via stance too far into the future, which in a highly volatile global scenario, may not even be a year,” Das said. Stating that management of global spillovers poses a formidable challenge to emerging market economies, Das told the audience that a truly global financial safety net remains elusive as in this age of mobile capital flows, consequences of their arrivals, sudden stops and reversals are to be borne nationally. As a result, emerging market economies (EMEs) are typically at the receiving end when global spillovers flare up, he said, adding that they have no recourse but to build their own forex reserve buffers. Paradoxically, the accumulation of reserves has become stigmatised, including with labels such as “currency manipulation”, he rued. “As I see it, we may be unintentionally setting the stage for several EME currencies to break out and challenge the hegemony of the dominant reserve currencies,” he said. “There is a need for greater understanding on both sides. In the meantime, so far as the Reserve Bank of India is concerned, we will continue to play by the extant rules of the game,” Das said in his special address. Das also said central banks have to interact closely with financial markets for transmission of monetary policy impulses. “In this context, ensuring a sound and efficient payment and settlement system is a pre-requisite,” he noted.last_img read more

Egyptians vote in referendum to extend President Sisis rule

first_imgCairo: Egyptians voted Saturday in a referendum that aims to cement the rule of President Abdel Fattah al-Sisi, the former coup leader who presents himself as a rock of stability in a turbulent region. Voters were being asked to back amendments to the constitution to allow Sisi, 64, to run for another six-year term while boosting his control over the judiciary and giving the military even greater influence in political life. The three-day referendum bucks the trend of North Africa’s mini-Arab Spring, in which mass pro-democracy protests this month swept away veteran presidents in Algeria and Sudan. Also Read – Saudi Crown Prince ‘snubbed’ Pak PM, recalled jet from USSisi himself was among the first to vote when polls opened, casting his ballot in the upmarket Cairo suburb of Heliopolis. In Shubra, a working-class neighbourhood of the capital, dozens of voters, mostly women carrying their children, queued outside a polling station in the local high school. In Cairo, troops and police were deployed in numbers although the interior ministry denied to give any nationwide figures. Egypt is still battling a jihaidst insurgency based in the Sinai Peninsula that has seen attacks in Cairo and other cities. Also Read – Record number of 35 candidates in fray for SL Presidential pollsSisi has argued that he needs longer to complete the job of restoring security and stability after the turmoil that followed the overthrow of veteran autocrat Hosni Mubarak in the Arab Spring of 2011. Out on the streets, his supporters waved flags bearing their campaign motto: “Do the Right,” as they pressed passers-by to turn out and vote ‘Yes’. At a polling station in Manyal, a Cairo suburb overlooking the Nile, Mohamed Abdel Salam, 45, said he was voting enthusiastically in support of the changes. “I don’t care about the presidential terms,” he said. “Sisi could stay forever as long as he’s doing his job… and he has already done a lot”. Sisi won his first term as president in 2014, a year after he led the army in overthowing elected Islamist president Mohamed Morsi following mass protests against his single turbulent in power.last_img read more