Posted in illmcmgc

Can the Lloyds share price spike be maintained? I look for historical clues

first_img Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! It seems to have become a plaything of day traders and without a dividend really doesn’t offer much to long-term value investors. Current expectations see the Bank of England maintaining low interest rates for some time. This won’t help profit growth or a sustainable rise in the share price.With so much uncertainty in the world and debt at record levels, I don’t like the look of banks as a long-term investment. I think it’s going to take innovation to create growth opportunities. I don’t see any signs of innovation at Lloyds, and I’ll continue to steer clear. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. “This Stock Could Be Like Buying Amazon in 1997” Can the Lloyds share price spike be maintained? I look for historical clues Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Kirsteen has no position in any of the shares mentioned. The Motley Fool UK has recommended Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Kirsteen Mackay | Friday, 13th November, 2020 | More on: LLOY Image source: Getty Images. See all posts by Kirsteen Mackay FTSE 100 constituent Lloyds Banking Group (LSE:LLOY) has been around in some shape or form since 1695. TSB Group first floated on the London Stock Exchange in 1986. It broke City of London records and raised more than £1.2bn in its IPO. In 1995, Lloyds Bank and TSB merged, creating Lloyds TSB. The 2008 financial crash destroyed consumer faith in banking, and the Lloyds share price has never fully recovered. Historical lowsLloyds TSB acquired HBOS in 2009 and became known as Lloyds Banking Group. As it was just after the financial crisis, Lloyds had to appeal for government help to complete the takeover, losing credibility.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Before the HBOS takeover, Lloyds was admired and assumed to have a strong capital base. In February 2007, the Lloyds share price reached a high of £6.18. By July 2008, it was trading around £3 a share, but within another eight months had collapsed to 40p and the bank was requesting a second government bailout. The government obliged, and the Lloyds share price continued its roller coaster ride.In recent years, the PPI scandal has cost Lloyds more than £20bn in charges. Brexit remains a dark cloud on the horizon, adding further economic pressure to the country and its banks.In 2014, Lloyds had a market cap of £57.7bn and was in seventh place among the largest UK listed companies. Today its market cap is £23.7bn, and it’s in position 22 of the FTSE 100.Challenger banks pose a risk to Lloyds share priceRising competition from challenger banks such as Monzo and Starling Bank are a real and present threat. Lloyds is attempting to keep up with these fintech competitors by revamping its banking app and improving its digital infrastructure. But that requires a serious cash injection. These new banks have risen from the ashes and distrust created in 2008. They are fresh, unencumbered by past scandals and appeal to tech-savvy youngsters.Virgin Money is also looking to lure customers away from Lloyds and its peers, using Virgin Group offerings as bait. Wine, media packages, and gym memberships are all being used as incentives.Crash and burnThe historical share price of Lloyds since 2009 makes depressing reading. Its share price reached 78p in 2010, collapsed to 23p in 2011, climbed back up to 86p in 2014, fluctuating between 74p and 88p for the following year. At this point it reinstated dividends and within a year the Lloyds share price had almost halved. Since then it’s never gone much above 70p, and this year, since the market crash, dividends were again cancelled and Lloyds share price has fluctuated erratically between 23p and 33p. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shareslast_img read more

Continue Reading... Can the Lloyds share price spike be maintained? I look for historical clues
Posted in illmcmgc

A head for heights

first_imgLATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS “Conditioning for sport is a segment of a big pie, and every segment is important,” says Bell, whose son Chris plays for Sale. “It’s about gaining that edge and altitude training will do that. For example, if you have a shoulder injury but can cycle, then at ‘altitude’ you can cycle sedately and yet have a huge anaerobic and cardiovascular benefit.”The effects of altitude training last for six weeks, so why not give it a go?Find a reputable performance centre Nobody can know how big a part altitude played in the Lions’ downfall this summer. But certainly the decision to play Tests in Pretoria and Johannesburg, 6,000ft above sea level, raised a smile in the Springbok camp when the schedule was announced in April last year. The thinner air of the high veldt is great for propelling the ball long distances but can leave an unacclimatised player gasping for breath.The air we breathe at sea level has a saturation level of 20.9% oxygen – this drops the higher you go, so that at the top of Mount Kilimanjaro, for example, it’s only 10.5%. Train at sea level and the oxygen saturation of your blood will drop only a couple of per cent from its usual 96-98%. But train, even at moderate intensity, at altitude and the blood oxygen level drops to 70-80%. Brutal.Happily, there’s a flip side to this, because fitness training at altitude, whether the real thing or a simulated environment, as the Lions did pre-tour, can bring about substantial benefits in terms of enhanced performance and injury rehabilitation.The hypoxia (oxygen starvation) in the muscles stimulates adaptive responses from the body. This allows you to train at a higher intensity and for longer, burning more calories and increasing metabolism. Twenty minutes of hypoxic training equates to about 80 minutes at sea level.An arctic explorer may lose his toes to frostbite but he will rarely lose his life, because the brain tells the under-stress body to pump blood to the vital organs. The same principle applies with hypoxic training: it’s like an internal icing effect and means that when you return to sea level you flush through masses of oxygenated blood, so speeding rehab. Footballer Wayne Rooney shaved three weeks off his rehab time from a broken toe this way.Dave Bell, a strength and conditioning coach who worked with Harlequins and Bristol, recently opened his first performance centre in Manchester (www.performcentre.co.uk). His membership includes Andy Sheridan, who did altitude training there prior to the Lions tour and now plans to ‘top himself up’ on an ongoing basis. The altitude effect is simulated by using a hypoxic generator, either via a mask or sealed room. The Lions practice training at altitude Go at your own pace Don’t overdo itlast_img read more

Continue Reading... A head for heights
Posted in illmcmgc

2017 Press Freedom Index – ever darker world map

first_img Organisation Help by sharing this information Media freedom is under threat now more than ever. A total of 21 countries are now colored black on the press freedom map because the situation there is classified as “very bad,” and 51 are colored red ; the situation in these countries is classified as “bad.” In all, the situation has worsened in nearly two thirds (62.2%) of the 180 countries in the Index. The 2017 World Press Freedom Index unveils woes and ills that are obstacles to media freedom throughout the world.Read more News The 2017 World Press Freedom Index compiled by Reporters Without Borders (RSF) reflects a world in which attacks on the media have become commonplace and strongmen are on the rise. We have reached the age of post-truth, propaganda, and suppression of freedoms. RSF_en April 26, 2017 2017 Press Freedom Index – ever darker world maplast_img read more

Continue Reading... 2017 Press Freedom Index – ever darker world map
Posted in illmcmgc

It Rained Alumni and Generosity at the La Cañada Presbyterian Church Parent Education Gala

first_img Subscribe Faith & Religion News It Rained Alumni and Generosity at the La Cañada Presbyterian Church Parent Education Gala From STAFF REPORTS Published on Monday, March 3, 2014 | 1:06 pm Amidst a down-pouring of rain, came a down-pouring of generosity and alumni at the LCPC Parent Education Gala: Love the Legacy on Friday, February 28th. Approximately 175 guests filled the beautiful Noor in downtown Pasadena to celebrate the program’s landmark 35th Anniversary.Emceed by Rev. Dr. Chuck Osburn & LA Times Columnist, Chris Erskine, the evening started with an informative speech from Parent Ed Director, Anne Bierling, reminding us that amidst our freedom here in the US, an estimated 30 million people today are enslaved worldwide. With an estimated fifteen of the thirty million people in slavery worldwide currently reside in India, Parent Education designated funds from a donated doll collection in support of International Princess Project (IPP) www.intlprincess.org. Since its inception in 2007, International Princess Project (which creates pathways for freedom for those escaping the ravages of human trafficking in India), has helped more than 515 women and children leave human slavery and live dignified lives. The organization was started by a group friends from Newport Beach and is currently headed by Executive Director, Julie Wood, of South Pasadena. Bierling used their accomplishments, in addition to those of the 2014 Shining Stars, to highlight a quote from Margaret Mead: “Never believe that a few caring people cannot change the world–indeed it is the only thing that ever has.”The generosity did not stop with IPP donations. After a rousing silent and live auction dedicated to supporting the Parent Education Program, Parent Education Founders Gail Hanson, Annie Latta Krach, and Claudia Zentmyer were presented with the 2014 Shining Star Award for their dedication to helping families thrive. While it is hard to estimate exactly how large of an impact LCPC Parent Education has made, Bierling estimated that the program these women started may have touched close to 18,000 parents & children over the past 35 years. Bierling lauded, “Over those years, you taught us that the goal of good parenting was not perfection—because perfect families don’t exist—but you taught us to live fully, recover well, and rely completely on a wise and mighty God.”Parent Ed Instructor Jan Roberts, who has been part of the program since its inception, stated about the 2014 Shining Stars: “These ladies had a vision, they had persistence, and they had God whispering in their ears–obviously a great combination for a winning idea that has stood the test of time.” Bierling also read quotes from previous directors. LCPC Ginny Kelly (who directed the program from 1999 to 2006) said “Annie, Gail & Claudia brought their knowledge of child development, their love of children, and their heart for parents, and mixed it all together with their faith in the Lord, always seeking guidance from Him. Annie dusted off her guitar, Gail met with the pastors, and Claudia brought her own babies to many of the first classes she taught.” Lois Harrison (who directed the program from 1991 to 1999) concluded:”These women were LEGENDS in the founding of LCPC Parent Ed–Spirit-led women who listened for God at every turn.”The evening ended with encouraging, motivational, and humble acceptance speeches from the award recipients. Annie Latta Krach wrapped up the speeches with these words: “Yahoo for the village! Yahoo for Parent Ed! Yahoo for God!” The three recipients concluded the evening by leading the entire room in a sing-a-long to the 35-year-old Parent Ed good-bye song, accompanied by Annie’s very own Jack-in-the-Box! The event was hosted by the twelve LCPC Parent Education Board Members Jenn Kliewer, McCall Avery, Carrie Kingston, Julie Engler and Lynley Gross–as well as the gala committee members: Lynne Graves (Chair), Felina Mahoney (Co-Chair), Sarah Walter, Brandi Murphy, Shannon Snaer, Katrina Harbers and Julie Hale. Scott and Deena Keys were Platinum Sponsors and Gordy and Dona Crawford were Silver Sponsors for the event.About LCPC Parent EducationIf you have a child 0-18, LCPC Parent Education has a class for you! To sign up for a class or experience a free LCPC class, go to www.lacanadapc.org/parented or call (818) 790-6708 ext. 205. Classes meet weekly September through May and attract approximately 400 participants from 22 different cities. Second semester began January 28th. In addition to the classes already in session, check out the New Babies Class (for babies born August 2013- January 2014). La Canada Presbyterian Church is located at 626 Foothill in La Canada. More Cool Stuff 12 recommended0 commentsShareShareTweetSharePin it Name (required)  Mail (required) (not be published)  Website  First Heatwave Expected Next Week Top of the News Make a comment Your email address will not be published. Required fields are marked * Business Newscenter_img EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Herbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeautyHerbeautyRobert Irwin Recreates His Father’s Iconic PhotosHerbeautyHerbeautyHerbeauty10 Most Influential Women In HistoryHerbeautyHerbeautyHerbeautyAncient Beauty Remedies From India To Swear By For Healthy SkinHerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeautyTiger Woods Is ‘Different Man’ 10 Years After ScandalHerbeautyHerbeauty faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community News Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Continue Reading... It Rained Alumni and Generosity at the La Cañada Presbyterian Church Parent Education Gala
Posted in illmcmgc

Stride Kicks Off $10 Million Scholarship Investment with Inaugural Private Academy Awards

first_img Twitter TAGS  By Digital AIM Web Support – February 3, 2021 Pinterest Local NewsBusiness Stride Kicks Off $10 Million Scholarship Investment with Inaugural Private Academy Awards WhatsApp HERNDON, Va.–(BUSINESS WIRE)–Feb 3, 2021– Stride, Inc. (formerly K12 Inc.; NYSE: LRN) has selected 47 recipients for the first round of its multi-year $10 million investment in We Stand Together Scholarships, an initiative aimed to improve access to education options for underserved Black students of all ages. This inaugural cohort will receive tuition-free full-time enrollment at K12 Private Academy for the remainder of the 2020-2021 school year. “For 20 years, Stride has been committed to making high-quality education accessible to all students, and that includes removing racial and economic barriers,” said James Rhyu, CEO at Stride. “A stronger, more inclusive nation begins with economic empowerment, academic equity, and career readiness for all, and we are proud to extend that opportunity to more students through this new scholarship.” The We Stand Together Scholarship was launched as part of Stride’s commitment to institute a series of company-wide initiatives that support racial and socioeconomic equity and inclusion in and through education. This first group of recipients comes from 14 states and span kindergarten through 11th grade. Students will receive tuition-free enrollment for the remainder of the school year, along with the materials and technology needed to complete their online courses. The inaugural scholarship was open to students who identify as Black, and recipients were chosen based on factors including their demonstrated academic achievement, educational and life goals, and financial need. “We’re honored to expand our ability to provide a quality, online education for our students,” said Leslie Smith, Head of School at K12 Private Academy. “Every student, regardless of race or income, should have access to a school dedicated to helping them succeed, especially during a pandemic when education plans have been disrupted for so many.” K12 Private Academy provides students and families with an inclusive private school option delivered through live online classes led by experienced teachers who share a passion for meeting the personalized needs of students. In addition to core curriculum, through the school’s Destinations Career Academy, students in grades six through twelve can get a head start on future college and career paths with specialized career-focused courses and counseling support. Stride’s We Stand Together Scholarship is part of a multi-year $10 million commitment to support scholarships for Black students in primary, secondary, and higher education. Future cohorts will include additional scholarships to K12 Private Academy, as well as to higher education institutions. The company’s other commitments include developing socially conscious legal and law enforcement career pathways of study, interactive courses on the history of systemic racism, expanding the number of Black teachers employed by Stride, and creating new civic and volunteer efforts for Stride employees. More information on Stride’s commitments to equity in education can be found at https://www.stridelearning.com/responsibility-inclusion. About Stride, Inc. At Stride, Inc. (NYSE: LRN) – formerly K12 Inc. – we are reimagining lifelong learning as a rich, deeply personal experience that prepares learners for tomorrow. Since its inception, Stride has been committed to removing barriers that impact academic equity and to providing high-quality education for anyone—particularly those in underserved communities. The company has transformed the teaching and learning experience for millions of people by providing innovative, high-quality, tech-enabled education solutions, curriculum, and programs directly to students, schools, the military, and enterprises in primary, secondary, and post-secondary settings. Stride is a premier provider of K-12 education for students, schools, and districts, including career learning services through middle and high school curriculum. Providing a solution to the widening skills gap in the workplace and student loan crisis, Stride equips students with real world skills for in-demand jobs with career learning. For adult learners, Stride delivers professional skills training in healthcare and technology, as well as staffing and talent development for Fortune 500 companies. Stride has delivered millions of courses over the past decade and serves learners in all 50 states and more than 100 countries. The company is a proud sponsor of the Future of School, a nonprofit organization dedicated to closing the gap between the pace of technology and the pace of change in education. More information can be found at stridelearning.com, K12.com, destinationsacademy.com, galvanize.com, techelevator.com, and medcerts.com. View source version on businesswire.com:https://www.businesswire.com/news/home/20210203005261/en/ CONTACT: Emily Riordan Director, Corporate Communications Stride, Inc. [email protected] KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA INDUSTRY KEYWORD: CHILDREN PRIMARY/SECONDARY EDUCATION TECHNOLOGY OTHER CONSUMER OTHER TECHNOLOGY FAMILY INTERNET AFRICAN-AMERICAN CONSUMER OTHER EDUCATION SOURCE: Stride, Inc. Copyright Business Wire 2021. PUB: 02/03/2021 09:00 AM/DISC: 02/03/2021 09:01 AM http://www.businesswire.com/news/home/20210203005261/encenter_img Previous article5 tips to up your big game experienceNext articleWarren Gfeller Named to U.S. Department of Agriculture Advisory Committee Digital AIM Web Support Twitter Facebook Pinterest WhatsApp Facebooklast_img read more

Continue Reading... Stride Kicks Off $10 Million Scholarship Investment with Inaugural Private Academy Awards
Posted in illmcmgc

Seegrid Introduces Palion Autonomous Mobile Robot Product Line

first_img By Digital AIM Web Support – February 9, 2021 PITTSBURGH–(BUSINESS WIRE)–Feb 9, 2021– Seegrid Corporation, the leader in autonomous mobile robots (AMRs) for material handling, today introduced the Seegrid Palion AMR product family, representing the company’s newest line of mobile robots that uniquely provide automated material flow—increasing throughput productivity, improving employee and facility safety, reducing labor and operation costs, and driving continuous improvement. Seegrid announced that Palion is the new label for all its new and forthcoming autonomous mobile robots, as the company continues to build upon record-breaking growth. The company proudly unveiled an all new Palion Pallet Truck with enhanced pallet staging and auto-charging capabilities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210209005349/en/ Seegrid introduces the Seegrid Palion AMR product line, including an all new Palion Pallet Truck. (Photo: Business Wire) “Our customers span the global supply chain and are looking to accelerate productivity amidst pressures to reduce costs and improve safety,” said Jim Rock, Seegrid’s Chief Executive Officer. “It’s a challenge we Seegrid are uniquely equipped to solve, and we are very proud of our demonstrated track record helping some of the largest global brands in manufacturing, warehousing, logistics, and e-commerce realize the full potential of AMR technology.” The new Palion Pallet Truck Series 8 with enhanced features and functionality is Seegrid’s latest version of its pallet truck. Most notably, the new pallet truck includes lane staging capabilities—autonomously identifying, building, and depleting lanes for precise, efficient pick-up and drop-off of palletized goods. The new pallet truck also features Auto-Charge, which removes a costly and dangerous human touchpoint and boosts productivity by automating the scheduling, dispatch, and charging to keep operations running 24/7. “Now more than ever, our customers need flexible and reliable end-to-end automation solutions to safely move materials in their dynamic environments,” said Jeff Christensen, Seegrid’s Vice President of Product. “Seegrid Palion AMRs are designed specifically to help customers improve safety, increase throughput, and address labor shortages. As the market leader, we will continue to deliver on our commitment to provide innovative solutions for customers to automate even more processes and applications for continued improvement and safety across their facilities.” Seegrid’s ability to build and deliver best-in-class AMRs offers compelling advantages for its growing list of customers, as companies across the supply chain accelerate automation initiatives amidst pressures to increase throughput and optimize workflow. With proprietary, patented technology, Seegrid provides the most robust and advanced navigation system on the market, uniquely designed and delivered with customer needs in mind. The approach is working; Seegrid recently reported it doubled revenue year-over-year for two years in a row, and the company projects continued increased growth in and demand for its automation solutions in the year ahead. To learn more about the Seegrid Palion AMR fleet, visit seegrid.com/autonomous-mobile-robots. About Seegrid Seegrid combines autonomous mobile robots, enterprise software, and best-in-class services for a complete, connected material handling automation solution. With millions of autonomous production miles driven and zero personnel safety incidents, Seegrid Palion AMRs are reliable, flexible, and proven. The world’s largest manufacturing, warehousing, and logistics companies rely on Seegrid to automate material flow in highly complex environments. From project design through deployment, change management, user training, and data-driven consultation, material flow is both safe and optimized, accelerating automation initiatives today and into the future. www.seegrid.com. View source version on businesswire.com:https://www.businesswire.com/news/home/20210209005349/en/ CONTACT: Beth Peck [email protected] 412-379-4500 x 7060 KEYWORD: PENNSYLVANIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: OTHER MANUFACTURING TEXTILES STEEL OTHER TRANSPORT PACKAGING TRUCKING ENGINEERING CHEMICALS/PLASTICS AUTOMOTIVE MANUFACTURING LOGISTICS/SUPPLY CHAIN MANAGEMENT AEROSPACE TRANSPORT MANUFACTURING OTHER TECHNOLOGY MOBILE/WIRELESS SOFTWARE NETWORKS OTHER RETAIL INTERNET HARDWARE TECHNOLOGY FOOD/BEVERAGE RETAIL HOME GOODS SUPPLY CHAIN MANAGEMENT ONLINE RETAIL SOURCE: Seegrid Corporation Copyright Business Wire 2021. PUB: 02/09/2021 08:05 AM/DISC: 02/09/2021 08:06 AM http://www.businesswire.com/news/home/20210209005349/en Previous articleCyclo Therapeutics Presents Positive Data from Clinical Development Program for Lead Candidate, Trappsol® Cyclo™, at WORLDSymposium 2021Next articleMidigator Now Makes it Simple for Enterprise Merchants to Fight Chargebacks Digital AIM Web Support Pinterest WhatsApp Facebook WhatsApp Pinterestcenter_img TAGS  Local NewsBusiness Twitter Seegrid Introduces Palion Autonomous Mobile Robot Product Line Twitter Facebooklast_img read more

Continue Reading... Seegrid Introduces Palion Autonomous Mobile Robot Product Line
Posted in illmcmgc

Layton: GSE Scorecard Brings Little Value to the Public

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Tagged with: Don Layton Edward DeMarco Fannie Mae Federal Housing Finance Agency (FHFA) FHFA Scorecard Freddie Mac GSEs The Best Markets For Residential Property Investors 2 days ago Don Layton Edward DeMarco Fannie Mae Federal Housing Finance Agency (FHFA) FHFA Scorecard Freddie Mac GSEs 2021-03-18 Eric C. Peck March 18, 2021 1,229 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Layton: GSE Scorecard Brings Little Value to the Public Servicers Navigate the Post-Pandemic World 2 days ago About Author: Eric C. Peck Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Fed to Keep Rates Locked Near 0% Next: Advancing Fair Housing, Racial Equity Through Federal Policy Home / Daily Dose / Layton: GSE Scorecard Brings Little Value to the Public Share Save Demand Propels Home Prices Upward 2 days ago Related Articles Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com. in Daily Dose, Featured, Journal, News The Federal Housing Finance Agency (FHFA) recently released its 2021 Scorecard, outlining specific conservatorship priorities for Fannie Mae and Freddie Mac (the government-sponsored enterprises or GSEs), and their joint venture, Common Securitization Solutions LLC (CSS).The 2021 version of the Scorecard was the 10th such installment, a tool originally developed in 2012 by FHFA Acting Director Edward DeMarco to give the GSEs—who have been in conservatorship since September 2008—specific policy direction in providing transparency to the mortgage industry and policy community. It was also meant to show transparency to the American taxpayers, who are financially supporting the companies, what was being done with their tax dollars.The three primary objectives of the 2021 Scorecard are to ensure the GSEs continue to:Focus on their core mission responsibilities to foster competitive, liquid, efficient, and resilient (CLEAR) national housing finance markets that support sustainable homeownership and affordable rental housing;Operate in a safe and sound manner appropriate for entities in conservatorship; andPrepare for their eventual exits from the conservatorships.Don Layton, Senior Industry Fellow for Harvard University’s Joint Center for Housing Studies and former CEO of Freddie Mac (from May 2012-June 2019), has authored The Many Flaws and Weaknesses of FHFA’s 2021 GSE Scorecard: A Hollowed-Out Document, arguing that the 36 specific stated goals of the 2021 Scorecard are riddled with problems.“Not every one of the 36 goals is problematic, but enough are so that the document is quite weak. At times, the Scorecard appears to engage in signaling about ideology rather than providing implementable direction for the GSEs,” said Layton. “Furthermore, the criteria for its goals are entirely qualitative and judgmental, never quantitative; this absence of quantitative criteria further erodes the scorecard’s transparency. Taken together, these weaknesses greatly decrease the Scorecard’s value as a communications vehicle: it conveys less content with less value, and it does so less transparently.”Layton notes that the intent of the FHFA’s Scorecards from day one was to bring clarity to the public in terms of its conservatorship. However, he feels it has done nothing of the sort.“The concept of the scorecard, going back to its first appearance in 2012, is to provide transparency to the activities of the FHFA as conservator of the two GSEs,” said Layton in his paper. “The Scorecard should therefore clearly explain what the GSEs must do as they seek to meet the Scorecard’s stated goals. Unfortunately, the 2021 Scorecard fails to provide that clarity, leaving even the most knowledgeable reader unsure of what is being proposed. In other words, the Scorecard is sometimes worded so unclearly that one can’t figure out what it really means, leaving the FHFA with a blank check of sorts.”Layton found the “flaws and weaknesses of the 2021 GSE Scorecard rather extensive,” but came to three main conclusions:The Scorecard’s value has diminished dramatically from 2012-2019 (the years Acting Director DeMarco and Director Mel Watt led the FHFA), describing fewer goals with less specificity, and duplicating already-known requirements.The 2021 Scorecard uses some key “ideological virtue signaling,” verbiage not suited for a document from an independent regulator.The FHFA seems to care little for the Scorecard and its value as a means of communication with the public that, as Layton states “one wonders why it bothered to produce one at all.”Layton commented: “We now have a hollowed-out GSE Scorecard, with little value to the public.”Click here to view the report, The Many Flaws and Weaknesses of FHFA’s 2021 GSE Scorecard: A Hollowed-Out Document. The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

Continue Reading... Layton: GSE Scorecard Brings Little Value to the Public
Posted in illmcmgc

Police in Derry make two further drugs arrests

first_img Google+ Homepage BannerNews Facebook WhatsApp Main Evening News, Sport and Obituaries Tuesday May 25th Facebook 365 additional cases of Covid-19 in Republic Twitter Police in Derry make two further drugs arrests WhatsApp Google+ A man and a woman have been arrested in Derry on suspicion of the importation of a Class B drug, cannabis.They were detained in the Upper Galliagh Road area on Monday afternoon.They were also arrested on suspicion of attempted possession of a Class B drug, and attempted possession with intent to supply.They remained in custody overnight.Chief Inspector Tony Callaghan, the Foyle area commander, said Monday’s arrests were the latest for suspected drugs offencesThree other arrests were made over the weekend.A 39-year-old man has been charged with drugs offences following an incident in Derry at the weekend. Police made an arrest when officers were called to Kingsmere Gardens on Sunday afternoon.The man was charged with possession of Class A and Class B drugs, as well as making threats to kill and threats to damage property.And a 41-year-old man is to be reported to the Public Prosecution Service for allegedly possessing a Class B drug at Ballycanice Close, Eglinton, on Saturday evening.An 18-year-old man was arrested on suspicion of possessing a Class A drug and possessing it with intent to supply.The alleged offence was detected by police Tactical Support Group officers at Strand Road on Friday night (19th). A quantity of suspected ecstasy was seized and the man was later released on bail pending further enquiries.A 20-year-old man has been charged with burglary and common assault.The charges follow an arrest at Glenabbey Drive in the early hours of Saturday, 20th.center_img Man arrested on suspicion of drugs and criminal property offences in Derry 75 positive cases of Covid confirmed in North Previous articleAway ties for Harps and Derry as FAI Cup Semi-Final draw is confirmedNext articleCllr calls for Neighbourhood Watch Scheme after spate of break-ins admin RELATED ARTICLESMORE FROM AUTHOR Pinterest By admin – September 23, 2014 Twitter Pinterest Further drop in people receiving PUP in Donegal Gardai continue to investigate Kilmacrennan firelast_img read more

Continue Reading... Police in Derry make two further drugs arrests
Posted in illmcmgc

First mesospheric observations using an imaging Doppler interferometer adaptation of the dynasonde at Halley, Antarctica

first_imgThe digital ionospheric sounder, or dynasonde, located at the British Antarctic Survey’s research station at Halley, Antarctica, has recently been operated as an imaging Doppler interferometer (IDI). The implementation of this mode of operation does not require any changes to the system hardware but involves a specially written sounding configuration and newly designed data analysis software. Using four independent antennas and two receivers, the signals returned from mesospheric altitudes are range-gated and processed using Doppler sorting and spatial interferometry. A three-dimensional (3-D) image of the scattering locations can then be built up for a region stretching to over 30 degrees from the zenith. The sky map locations and Doppler velocities of the individual scattering points are used to fit a 3-D velocity vector representing the motion of the neutral wind in the mesosphere. In this paper the radar hardware, sounding configuration, and data processing are described, and the relative merits of the IDI technique as applied at Halley are discussed. The characteristics of the scattering points are outlined, and initial neutral wind measurements are presented.last_img read more

Continue Reading... First mesospheric observations using an imaging Doppler interferometer adaptation of the dynasonde at Halley, Antarctica
Posted in illmcmgc

Three estate agencies expelled from The Property Ombudsman scheme

first_imgHome » News » Three estate agencies expelled from The Property Ombudsman scheme previous nextRegulation & LawThree estate agencies expelled from The Property Ombudsman schemeBusinesses in Essex, Kent and North London have been expelled by The Property Ombudsman all for failing to pass on rent to landlords.Sheila Manchester24th October 201904,936 Views Kingsman Property Limited, in Ilford, Essex, was expelled from The Property Ombudsman owing a landlord £14,921.A landlord made a complaint to The Property Ombudsman claiming that the agent failed to pass on rent owed to him, which had been paid by the tenant.The landlord had entered into a Guaranteed Rental Income Scheme with Kingsman Property, to ensure that the landlord received the rent every month and Kingsman confirmed that they would obtain an HMO licence. The landlord received the rent for eight months, but it then stopped and the landlord dis-instructed them. They owed the landlord £12,000 in rent.The agent went into administration and TPO made an award of £14,921.23, for unpaid rent, the deposit and £1,500 for the aggravation and distress.Kingsman Property failed to pay the award and was expelled from TPO.In Strood, Kent, Chambers Estates Kent Ltd was expelled after a landlord reported that they owed him three months’ rent – paid by the tenant but not passed on.The agent did not respond to this, or to a solicitor’s letter. The Ombudsman supported the complaint and awarded the landlord £2,376 for rent due and £400 for connected aggravation and complaint handling failures.Chambers Estates failed to pay the award and The Ombudsman referred the agent to the scheme’s independent Compliance Committee, which ruled the firm should be expelled from The Property Ombudsman scheme.In Winchmore Hill, North London – Assetgrove Prime Sales & Lettings Ltd., trading as Assetgrove Prime, which owed a landlord £1,820.50.A landlord made a complaint to The Property Ombudsman, claiming that the agent failed to pass on the last month’s rent and failed to compensate him for a new cooker, which was missing at the end of the tenancy.The landlord raised the issue with Assetgrove Prime, but the employee he dealt with stopped responding and the agent denied that the tenancy was anything to do with them and the employee worked for another agency.The absence of an inventory meant the issue with the cooker was difficult to prove, however, it was clear that the landlord was owed 25 days rent. The Ombudsman made an award of £1,820.50.Assetgrove Prime failed to pay the award and they too, were expelled. Gerry Fitzjohn, Non-Executive Director and Chairman of TPO’s Finance Committee (left): “As a member of TPO, agents are obliged to comply with awards made by the Ombudsman, which Assetgrove Prime has failed to do. Kingsman Property Ltd Chambers Estates Assetgrove Prime Sales and Lettings TPO Estate agent expelled October 24, 2019Nigel LewisWhat’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 2021last_img read more

Continue Reading... Three estate agencies expelled from The Property Ombudsman scheme