Surge in German manufacturing

first_img whatsapp KCS-content Surge in German manufacturing by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Wednesday 8 December 2010 8:17 pm Sharecenter_img Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof whatsapp Tags: NULL German industrial production rose by 2.9 per cent in October, compared to the previous month, it was announced yesterday. German industry continues to thrive, with October’s figures showing a double digit increase – close to 12 per cent on the same time in 2009. The figures likely point to greater GDP growth in the fourth quarter than was seen in the third quarter, say economists. Show Comments ▼last_img read more

The Big Step scores RG partnership with Swansea City

first_img“Aside from backing The Big Step, this season we have moved away from having a gambling company as our main kit sponsor, which allows our junior Jacks to proudly wear the same shirts as their heroes.” The Swansea City Supporters Trust and Swansea City Community Trust will also support the scheme. “This partnership will show how football can be a positive social vehicle in preventing and reducing gambling harms in its community through our education, awareness and signposting work.” Local MP Carolyn Harris, who also chairs the All Party Parliamentary Group on Gambling Related Harm, has praised the project. The Big Step, a football-focused gambling education project and part of the Gambling with Lives charity, has entered into a partnership with English Championship football club Swansea City. “I am delighted that the Swans, my local football club, are taking the issue of gambling-related harm seriously and is forming this important partnership with The Big Step,” Harris said. People with lived experience of gambling harm will take part in the initiative, including Nick Phillips, a Swansea fan and recovering gambling addict who founded The Big Step. Under the arrangement, The Big Step and Swansea will deliver a community-based education, training, awareness and signposting programme. Subscribe to the iGaming newsletter Swansea’s head of commercial, Rebecca Edwards-Symmons, added: “At Swansea City, our supporters and their welfare are at the centre of our values, so we were quick to pledge our backing to this project, which can help the lives of not just individuals, but their families and friends too. The Big Step scores RG partnership with Swansea City Email Address “This programme will play a critical role in ensuring that young people are made aware of the real risks of gambling and gambling addiction.” Responsible gambling “During 12 years of addiction, football failed to provide adequate warnings or the help that I so desperately needed,” Phillips said. The Big Step and Gambling with Lives are among the leading voices calling for a total ban on gambling sponsorship in British football, with both organisations having written to Prime Minister Boris Johnson urging him to take action. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 26th October 2020 | By Robert Fletcher Topics: Social responsibility Sports betting Problem gambling Responsible gambling Online sports betting Sportsbooklast_img read more

The Wood Box House / DRTAN LM Architect

first_imgShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/931761/the-wood-box-house-drtan-lm-architect Clipboard Area:  650 m² Year Completion year of this architecture project Housing The Wood Box House / DRTAN LM Architect Manufacturers: Big Ass Fans, Jotun, Admira, ELR, Niro granite The Wood Box House / DRTAN LM ArchitectSave this projectSaveThe Wood Box House / DRTAN LM Architect Photographs “COPY” Design Team:Tan Loke Mun, Alvin Tham, Yee WengContractor:My Concept Sdn. Bhd.City:Kuala LumpurCountry:MalaysiaMore SpecsLess SpecsSave this picture!© H.Lin HoRecommended ProductsCeramicsApariciPorcelain Tiles – TangoCeramicsTerrealTerracotta Baguettes in Vork CenterDoorsSaliceSliding Door System – Slider S20WoodTechnowoodPergola SystemsText description provided by the architects. The Wood Box is nestled in the Mansions, an exclusive gated community in Desa ParkCity, Kuala Lumpur. The property is located on a hilltop with commanding city views over a forest of trees. The brief was to design a very special interior for a three generational family.Save this picture!© H.Lin HoSave this picture!Ground Floor PlanSave this picture!© H.Lin HoThe striking feature of the house was the double volume rectangular box enclosing the main living spaces of the house. The concept was to enhance this grand space through immaculate craftsmanship into a large wood framed voluminous jewel box. Raw unfinished meranti was used as the see-through wrap-around screen to encapsulate the space. Light & moments are captured interspersed between the fine meranti strips and the mirror backing to create a subliminally infinite spatial experience.Save this picture!© H.Lin HoThe centerpiece crystal lighting weaves and hovers dragon-like over the colossal wood and mirror lined main space. This is further accentuated by the amber glow of the Emperado marble floor slabs. A dialogue naturally develops from the play of the volume and surfaces tempered by the different wood grains, fabric and leather, converging to define a bright, contemporary interior kaleidoscope.Save this picture!© H.Lin HoThe sculptural steel rod supported stair sits like a piece of modern and industrialist art that ties all the floor volumes together. A large ten-seater teak log dinette table and industrialist steel kitchen cum bar creates a ritzy and classy get-together space. The master room is served by a long see-through row of walk-in robes.Save this picture!© H.Lin HoSave this picture!DiagramSave this picture!© H.Lin HoThe thin profiles, amplifies the elegance of the space. Selected raw materials add to the purity of the surfaces transforming the spaces through the use of glass and light. The sleep area employs a coal tone finish to better ease and unwind. The master bathroom is modern minimalist with calacatta finishes around the shower alcove.Save this picture!© H.Lin HoSave this picture!© H.Lin HoLighting for the entire home are all energy saving. These configurable LED modules offer a high degree of flexibility, aesthetics and functionality which can be easily adjusted for optimum lux level and colour temperature to satisfy the various functions of the space.Save this picture!© H.Lin HoProject gallerySee allShow lessHouse Olmen / Pascal François ArchitectsSelected ProjectsGaysorn II Tower / Architects 49 + CL3 ArchitectsSelected ProjectsProject locationAddress:Desa Parkcity, 52200 Kuala Lumpur, Federal Territory of Kuala Lumpur, MalaysiaLocation to be used only as a reference. It could indicate city/country but not exact address. Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/931761/the-wood-box-house-drtan-lm-architect Clipboard Photographs:  H.Lin Ho Manufacturers Brands with products used in this architecture project Save this picture!© H.Lin Ho+ 29Curated by Hana Abdel Share Projects Malaysia Tan Loke Mun Year:  CopyHousing•Kuala Lumpur, Malaysia Lead Architect: 2017 “COPY” ArchDaily Architects: DRTAN LM Architect Area Area of this architecture project CopyAbout this officeDRTAN LM ArchitectOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingKuala LumpurOn FacebookMalaysiaPublished on January 14, 2020Cite: “The Wood Box House / DRTAN LM Architect” 13 Jan 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodSiding Façade SystemWindowsMitrexSolar WindowMetal PanelsAurubisPatinated Copper: Nordic Green/Blue/Turquoise/SpecialMetal PanelsDri-DesignMetal Panels – CopperIn architectureSikaBuilding Envelope SystemsExterior DeckingLunawoodThermowood DeckingMembranesEffisusFaçade Protection – Breather+Metal PanelsPure + FreeFormCustom Metal Cladding – Legacy Fund 1 BuildingWood Boards / HPL PanelsInvestwoodWood Fiber Partition Walls – ValchromatDoorsLinvisibileLinvisibile FILO 10 Vertical Pivot Door | BrezzaSkylightsFAKROEnergy-efficient roof window FTT ThermoToilets / BidetsBritexToilets – Accessible Centurion PanMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Migrants face inhumane treatment

first_imgSept. 14 — Wars Washington initiated aimed at reshaping the political landscape of large regions of Africa, the Middle East and Asia are continuing and creating an enormous refugee crisis. Bombing operations by the Pentagon in Iraq and Syria are displacing hundreds of thousands of people every month and are now spreading the crisis to Europe.In response to this growing surge of refugees, Hungarian officials have again threatened migrants from the Middle East, Africa and Asia with imprisonment if they continue to cross Hungary’s borders or resist repressive treatment.The regime in Budapest says it completed a fence across its border with Serbia to halt the flow of migrants into the country. Hungarian officials also indicated they would prevent migrants from entering on trains.The U.N. High Commissioner for Refugees reported that Budapest was shipping thousands of migrants and refugees to Hungary’s border with Austria on special trains, making it appear that they will no longer register them.Refugees herded into makeshift detention areas face overcrowding, a lack of food, constant police harassment and brutality. A Sept. 11 BBC article noted, “Footage has emerged of migrants being thrown bags of food at a Hungarian camp near the border with Serbia. An Austrian woman who shot the video said the migrants were being treated like animals.”Nonetheless, Hungarian Prime Minister Viktor Orban lauded the police for their actions against what he called “rebellious migrants” and threatened to take more repressive measures. His country has been one of the most openly vicious and racist in blocking migrants’ passage through European Union countries. This passage is supposed to be guaranteed by a treaty member-states signed several years ago.These developments were taking place while EU interior ministers were holding an emergency meeting in Brussels on Sept. 14 in an effort to coordinate their policy for processing and integrating the migrants. In response to the influx of hundreds of thousands of people from the Middle East, Africa and Asia, various governments have imposed travel restrictions, including Austria, Slovakia and the Netherlands.The German government of Chancellor Angela Merkel also announced that it would put checks on its border with Austria. This tightening of the borders came following weeks of pronouncements from Germany that appeared to welcome migrants.On Sept. 13, officials in Berlin said that if the flow of migrants was not stopped, there would be no place for people to live and they would be sleeping in the streets.Temporary housing for migrants is planned at a large transportation facility built during the 1930s. The Telegraph wrote, “Berlin’s famous Nazi-era Tempelhof airport is to become a refugee shelter. The airport, which has been out of service since 2008, will house up to 1,200 refugees in two former hangars, the Berlin state government has announced.” (Sept. 14)On Sept. 14, German Interior Minister Thomas de Maiziere said, “The focus will initially lie on the border with Austria. The goal of this measure is to restrict the present inflow of migrants into Germany.” (CNN)The German government said it was stopping train transport to and from Austria for thirteen hours on Sept. 13, according to a tweet sent out by the Austrian Federal Railways. Halting train traffic between the two countries extended from 5 p.m. on Sept. 13 to the next morning at 6 a.m.Spokespeople for the Austrian police reported that 7,000 people had crossed the border from Hungary on Sept. 14. On the previous day some 14,000 entered the country.Austrian government leaders said military personnel were sent to the entry and gathering points and that “If Germany carries out border controls Austria must put strengthened border controls in place.” (BBC, Sept. 14)EU and U.S. fail to address causes of crisisMeanwhile, the political and security crisis in Syria, Iraq, Libya, Lebanon, Yemen, Nigeria, Afghanistan, Turkey and other states are creating the conditions for further dislocation. Rather than dealing with the root causes of the crisis, the U.S. and EU states are instead arguing about how few refugees to take into their countries.Some EU leaders have rejected any quotas of refugees as proposed by Germany and France. This rejection creates logistical challenges in the transport of migrants to states where the official position is to accept migrants for resettlement.President Barack Obama’s administration issued a Sept. 11 statement that the U.S. would allow 10,000 Syrians to enter the country. This is only a small fragment of those forced to leave Syria and other states on two continents due to Washington and Wall Street’s foreign policies.British Prime Minister David Cameron visited a refugee camp in Lebanon on Sept. 13 and said his government would open its borders to 20,000 displaced persons. Successive governments in London have supported U.S. military interventions in various states, including Afghanistan, Iraq, Syria and Libya, among others.Resistance among migrants to repression in Hungary indicates that the EU is unprepared to integrate what may be millions of new residents. Hungary has said that they want to keep people out to preserve their European “Christian heritage.”Wars funded, coordinated and given diplomatic cover by U.S. imperialism in Yemen, Libya, Egypt and elsewhere are worsening the plight of tens of millions. U.N. and other humanitarian agencies are incapable of meeting the needs of refugees and migrants under conditions of armed factional struggles and the total breakdown of state structures involving transportation, food distribution, fuel supplies, medical services and education.The current situation involves the massive deaths in the Mediterranean of those seeking refuge in Europe. This and the social restrictions and racist repression they will be subjected to in the EU member-states warrants a response from the anti-war and social justice movements in both Western Europe and North America. With an economic crisis still prevalent in several European countries, the harsh situation of the migrants can provide a basis for an alliance between the workers and oppressed living in Europe and those streaming in as a direct result of the imperialist policies of the U.S. and NATO.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

En defensa de Palestina

first_imgLa cuestión de la Palestina ocupada volvió a ocupar un lugar central en la prensa mundial cuando dos mujeres miembros de la Brigada del Congreso -Ilhan Omar (D-Minn.) y Rashida Tlaib (D-Mich.)- le fueron negadas inicialmente el derecho a entrar a Israel por su fascista Primer Ministro Benjamin Netanyahu el 15 de agosto, a instancias del presidente de la supremacía blanca de Estados Unidos, Donald Trump. El mes pasado, en una manifestación xenófoba en Carolina del Norte, Trump pidió que estas dos congresistas, junto con Alexandria Ocasio-Cortez (demócrata de Nueva York) y Ayanna Pressley (demócrata de Massachusetts), fueran “regresadas” a sus países de origen en respuesta a sus críticas al racismo de Trump contra los inmigrantes.Fue la primera vez que a los representantes del Congreso de Estados Unidos se les negó el derecho a visitar a Israel hasta ahora. ¿Por qué ahora? Netanyahu explicó la negación en una declaración: “Como una democracia libre y vibrante, Israel está abierto a los críticos y a las críticas, con una excepción: La ley israelí prohíbe la entrada a Israel de aquellos que piden, y trabajan para imponer, boicots a Israel, al igual que otras democracias que impiden la entrada de personas que se cree que son perjudiciales para el país”. (New York Times, 15 de agosto) Omar, que es somalí, y Tlaib, que es palestina, han sido especialmente francos contra el trato inhumano al pueblo palestino, al que se le ha negado sistemáticamente el derecho a su patria desde que se estableció el estado sionista de Israel en 1947. Las dos mujeres también son firmes partidarias del movimiento estadounidense de boicot, desinversión y sanciones contra Israel. De hecho, Omar presentó una resolución en el Congreso en apoyo al boicot a Israel y a la afirmación del derecho de los grupos a llamar a tales acciones. Tlaib ha exigido que el dinero que financia los asentamientos sionistas y el ejército israelí se gaste en proporcionar atención médica, educación y otras necesidades humanas en el país. Al describir su viaje a “Palestina”, no a “Israel”, las dos dijeron que esperaban reunirse con un representante árabe en el Parlamento de mayoría israelí y visitar los territorios ocupados de Hebrón, Ramallah, Cisjordania y la mezquita de Al Aqsa en Jerusalén del Este. Tlaib también tenía previsto visitar a su abuela de 90 años, Muftiyah Tlaib, que vive en la Ribera Occidental. La negación de la entrada creó oposición dentro de los dos grandes partidos empresariales, e incluso los republicanos que apoyan a Trump dijeron que la decisión sentaría un precedente no deseado para otros funcionarios electos y figuras prominentes que planean viajes a Israel. Incluso el Comité de Asuntos Públicos Estadounidense-Israelí de extrema derecha y pro-sionista denunció la decisión. Esta crítica tenía más que ver con tratar de proteger la ilusión de décadas de que Israel es un modelo de “democracia” en la región rica en petróleo. En realidad, Israel es un régimen racista de colonos blancos y un estado de guarnición que protege las superganancias del imperialismo yanqui. Rechazar los términos de NetanyahuMientras las denuncias continuaban creciendo, Netanyahu rápidamente revirtió su decisión sólo 24 horas después, el 16 de agosto, con la condición de que Omar y Tlaib no propagaran las campañas a favor de BDS durante su visita. Tlaib dijo enfáticamente que no iría debido a las restricciones opresivas de Netanyahu. Su declaración decía en parte: “El gobierno israelí utilizó mi amor y mi deseo de ver a mi abuela para silenciarme y condicionó mi capacidad de hacerlo a que firmara una carta, lo que refleja cuán antidemocrático y temeroso es de la verdad que mi viaje revelaría sobre lo que está ocurriendo en el Estado de Israel y a los palestinos que viven bajo ocupación con el apoyo de Estados Unidos”. (Washington Post, 16 de agosto) Los funcionarios israelíes afirman que el rechazo de Tlaib a las restricciones de viaje fue sólo una provocación, tratando de dar la falsa impresión de que cualquiera que se oponga a las políticas de Israel es antisemita o antijudío. La clase dominante de Estados Unidos, incluidos demócratas y republicanos, está unida en su defensa del estado israelí, a pesar de las diferencias en las políticas o tácticas que sus miembros puedan tener con varios gobernantes israelíes. El hecho de que Israel recibiera este año $3.300 mil millones de dólares en ayuda del gobierno de Estados Unidos, un aumento de $200 millones de dólares desde 2018, refleja la fuerte alianza geopolítica y estratégica que ha existido entre los dos países durante más de 70 años.El movimiento debe continuar defendiendo a los funcionarios electos, especialmente los de color, cuando son el blanco de la derecha, que se basa en tácticas de dividir y conquistar para mantener el status quo. Grupos como Jewish Voice for Peace han tomado posiciones de principios para defender tanto a Tlaib como a Omar. Comparando la detención de migrantes en Estados Unidos con el internamiento de judíos en campos de concentración durante la Segunda Guerra Mundial, los grupos han estado organizando protestas dentro de Estados Unidos.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Limerick museum to tell fascinating old Irish story

first_imgNewsLocal NewsLimerick museum to tell fascinating old Irish storyBy Staff Reporter – February 15, 2018 1184 Email Limerick Post Show | Fund A Cobble | Hunt Museum Print Facebook Twitter Linkedin Previous articleCoillte Biking Blitz glides back to LimerickNext articleHigh number of ​trucks hitting Limerick Tunnel must be addressed says Limerick TD Staff Reporterhttp://www.limerickpost.ie Advertisement TAGSdowryHunt MuseumMary HickmanstoryThomas Hickman center_img The Hunt Museum launches a competition to create a sculpture from the Chestnut tree stump for the new Museum in a Garden Exhibition of Iconic Film Costumes Stays in Limerick RELATED ARTICLESMORE FROM AUTHOR Fashion icon Sybil Connolly features on Hunt Museum online series Photo: Keith WisemanCome to the Hunt Museum to hear a story like no other!There was a time in Ireland when marriages were arranged and a dowry was usually and essential ingredient. So without a dowry, a girl’s prospects of marriage were much reduced.One such girl was Mary Hickman, daughter of Thomas Hickman of Brickhill House, (Cratloe), County Clare. Fortunately her luck changed when arguably Ireland’s most eligible bachelor came along. He was just 40 years of age, had a title, and much much more.Sign up for the weekly Limerick Post newsletter Sign Up Hear their story in this illustrated talk. Admission is Free.More local news here. WhatsApp Limerick Post Show | Hunt Museum launch Sculpting Competition Listen: A score for Limerick Printmakerslast_img read more

Fannie Is Eyeing the Future Conservatively

first_imgSubscribe Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily April 17, 2017 1,079 Views Share Save Tagged with: Economy Fannie Mae Fannie Mae is looking ahead with conservative optimism. While its growth forecast for this year remains at a modest 2 percent, Fannie predicts that the coming two years will also see steady economic and housing growth in its April 2017 Economic and Housing Outlook.One big question mark for the future, including the near future, is the effects of policy changes. But as there have been no major policy shifts under the trump administration so far, Fannie Mae is taking the conservative approach and not altering its forecast.“We continue to await details on the new administration’s plans,” said Fannie Mae Chief Economist Doug Duncan. “We’re intrigued by the disparity between elevated consumer and business optimism and signs of decelerating first quarter economic growth. However, we expect growth to rebound this quarter as special factors that weighed on growth partially unwind.”Duncan said that with the firming of the Fed’s preferred measure of inflation, reduced labor market slack, and the more hawkish tone of the Federal Open Market Committee at its March meeting, “we foresee that the Fed will hike rates two more times this year, in June and September, and announce a change to its reinvestment policy in December.”Overall, Fannie reported, the likelihood of meaningful economic change is low, given the similar unlikelihood of significant policy change. In the meantime, the GSE is watching those aspects of governance and economy that could affect future forecasts‒‒the potential for a government shutdown that Fannie said could hiccup consumer confidence weighed against market indicators that are proving beneficial to consumers.Long-term Treasury yields have trended sideways this year as a result of looming government shutdown, Fannie reported. Rates dipped to the lower-end of a narrow range  and weak economic news, along with increased geopolitical risks, have moved long-term interest rates lower. Fannie expects the 10-year Treasury bond yield to finish 2017 at 2.5 percent and increase to 2.6 percent by the end of next year.Fannie’s outlook on employment remains guarded, especially in light of the most recent Bureau of Labor Statistics report on underwhelming job growth in February. The GSE projects unemployment rates to stay flat through next year, around 4.5 percent. The outlook is also cautious about the overall economy. Fannie expects the GDP to drop slightly, from $2.4 trillion to $2.2 trillion by the end of 2018.Housing activity through February fared better than other hard economic indicators, partly due to the warm winter weather, and the ESR group expects that a seasonal uptick in listings going into the spring selling season will help alleviate extremely tight inventory, Fannie reported. Recent declines in mortgage rates may also motivate some homebuyers to enter the market before rates pick up as the Federal Reserve continues to normalize monetary policy. Fannie expects growth in housing starts to increase from almost 10 percent to almost 11 percent between now and 2018. The GSE anticipates new starts to increase steadily over each quarter this year, from the current 843,000 to a year-ending 880,000. Home / Daily Dose / Fannie Is Eyeing the Future Conservatively Previous: Credit Plus Partners With Ellie Mae Next: Senators Push For CDBG Funding The Best Markets For Residential Property Investors 2 days ago Scott Morgan is a multi-award-winning journalist and editor based out of Texas. During his 11 years as a newspaper journalist, he wrote more than 4,000 published pieces. He’s been recognized for his work since 2001, and his creative writing continues to win acclaim from readers and fellow writers alike. He is also a creative writing teacher and the author of several books, from short fiction to written works about writing. Economy Fannie Mae 2017-04-17 Seth Welborn Related Articlescenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago About Author: Scott Morgan The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Fannie Is Eyeing the Future Conservatively The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Government, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days agolast_img read more

Mr. Cooper Grows Servicing Portfolio to $548B

first_img mortgage Mr. Cooper Originations Pacific Financial Servicing Seterus 2019-03-07 Radhika Ojha The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News, Servicing Two key acquisitions—Pacific Union Financial and the Seterus mortgage servicing platform—that were closed in February, fuelled Mr. Cooper’s business growth during the year. On Thursday, the company reported that its servicing portfolio grew to $548 billion in 2018, up 7 percent quarter-over-quarter and 8 percent on a year-over-year basis.While the company reported a full-year combined net income of $1,038 million, it reported a net loss of $136 million for the fourth quarter, principally driven by a loss of $188 million on the net fair value mark-to-market of its mortgage servicing rights (MSR) portfolio. The change in fair value mark-to-market revenue compared to the prior period was primarily due to a lower interest rate environment, the company said in its filing.”The Company is coming off a period of strong growth and a very high level of activity in 2018, including the WMIH merger, the name change to Mr. Cooper Group, and three acquisitions. Now it’s time for us to integrate these transactions and focus on profitability,” said Jay Bray, Chairman and CEO of Mr. Cooper Group Inc.On the servicing side, the company said that at year-end, the carrying value of MSR was approximately $3.7 billion. Excluding the mark-to-market, the servicing side of the business earned $88 million in pretax income during the quarter.Mr. Cooper said that excluding $5 million in business shutdown costs, its originations side of the business earned a pretax income of $16 million in the fourth quarter. For the full year, originations earned a combined pretax income of $94 million. Funded loans totaled approximately $5.4 billion, up 5 percent quarter-over-quarter, with $2.3 billion from the consumer direct channel and $3.2 billion from the correspondent channel, the company said.”Our fourth quarter results showcased the growth and margins of the company’s market-leading servicing platform, and by executing on our servicing transformation initiative, project Titan, we intend to drive further efficiencies and improve the servicing experience for team members and customers,” said Chris Marshall, Vice Chairman of Mr. Cooper Group Inc.Mr. Cooper subsidiary Xome, which provides real estate solutions including property disposition and field services to Mr. Cooper and third-party clients recorded a pretax loss of $2 million in Q4 2018, Mr. Cooper said in its filing. The decline in pretax income quarter-over-quarter was driven by the integration of Assurant Mortgage Solutions (AMS) and lower exchange property listings sold. Demand Propels Home Prices Upward 2 days ago  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago 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. Previous: Investing in the Zone Next: Paying the Price for Housing Related Articles About Author: Radhika Ojha Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago March 7, 2019 3,476 Views Tagged with: mortgage Mr. Cooper Originations Pacific Financial Servicing Seterus Home / Daily Dose / Mr. Cooper Grows Servicing Portfolio to $548B Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago Mr. Cooper Grows Servicing Portfolio to $548B Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Subscribelast_img read more

PSNI confirm Derry device was “substantial and viable”

first_img NPHET ‘positive’ on easing restrictions – Donnelly By News Highland – March 28, 2011 PSNI confirm Derry device was “substantial and viable” Twitter Newsx Adverts Google+ RELATED ARTICLESMORE FROM AUTHOR Facebook Police say the device planted near the courthouse on Bishop Street in Derry, was a substantial and viable bomb.Dozens of elderly residents were moved from a nearby sheltered housing development during the alert, which began at quarter to seven last night.A number of controlled explosions were carried out on the device.Traffic and access restrictions remain in place, it’s hoped they can be further eased this afternoon.PSNI District Commander Stephen Martin says the car bomb contained 50 kilos of home-made explosives, packed into a beer keg.He’s blaming dissident Republicans and says it’s fortunate there was no loss of life………..[podcast]http://www.highlandradio.com/wp-content/uploads/2011/03/psni3pm.mp3[/podcast]Foyle MLA Martina Anderson says those behind the incident have nothing to offer the city.The Sinn Fein representitive says for the vast majority of people in Derry, the focus will be back on building for the future as soon as the debris is cleared but the dissidents will still be stuck in the past……….[podcast]http://www.highlandradio.com/wp-content/uploads/2011/03/mtinabom.mp3[/podcast] Facebook Twitter Calls for maternity restrictions to be lifted at LUH center_img Pinterest WhatsApp Pinterest 448 new cases of Covid 19 reported today Three factors driving Donegal housing market – Robinson Previous articleLetterkenny Chamber meets with County ManagerNext articleCampaign launched to secure specialist eye diagnostic machine for Donegal News Highland WhatsApp Google+ Help sought in search for missing 27 year old in Letterkenny Guidelines for reopening of hospitality sector publishedlast_img read more

Zed Candy not commenting on local fears for Oatfield’s future

first_imgNews NPHET ‘positive’ on easing restrictions – Donnelly Calls for maternity restrictions to be lifted at LUH Facebook RELATED ARTICLESMORE FROM AUTHOR Three factors driving Donegal housing market – Robinson Pinterest Previous articleDerry factory demolition could start over the weekendNext articleLocal representatives take to Twitter News Highland Facebook By News Highland – January 13, 2012 WhatsApp Twittercenter_img Pinterest Twitter Almost 10,000 appointments cancelled in Saolta Hospital Group this week Guidelines for reopening of hospitality sector published Google+ WhatsApp LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Zed Candy not commenting on local fears for Oatfield’s future Google+ The owners of of the Oatfield Confectionary plant in Letterkenny are refusing to comment on growing fears for the future of the facility.The remaining 15 workers at the plant are expressing concern, saying that key ingredients are now being outsourced and key machinery has been moved from the factory.Mayor Cllr Gerry Mc Monagle is calling on Zed Candy to clarify their plans for the future of the plant.However, when the company was contacted by Highland Radio News today, a spokesperson said they do not comment on speculation and rumours, and if they have any comment to make in the future, the first people they speak to will be their staff.last_img read more