Senators Introduce Bill Limiting Fed’s Lending Authority, Ending ‘Too Big to Fail’

first_img Previous: Millennials’ Credit Access Not Hindered by Student Loan Debt, Study Shows Next: FHFA Director Watt Outlines Positive Developments for Federal Home Loan Banks Senators Introduce Bill Limiting Fed’s Lending Authority, Ending ‘Too Big to Fail’ Sign up for DS News Daily Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago 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.  Print This Post in Daily Dose, Featured, Government, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Federal Reserve Senator David Vitter Senator Elizabeth Warren Too Big to Fail 2015-05-13 Brian Honea Two members of the U.S. Senate Banking Committee, Elizabeth Warren (D-Massachusetts) and David Vitter (R-Louisiana), have introduced legislation attempting to stop the government from bailing out large financial institutions, according to an announcement on Warren’s website on Wednesday.The Bailout Prevention Act is aimed at ending “too big to fail” by limiting the lending authority of the Federal Reserve.”If big financial institutions know they can get cheap cash from the Fed in a crisis, they have less incentive to manage their risks carefully – which further increases the chance of another financial crisis,” Warren said. “This bill would make our financial system safer and help level the playing field between the megabanks and their smaller competitors.”Following the multitude of multi-billion dollar bailouts of several of the nation’s largest financial institutions during the financial crisis, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 directed the Fed to limit its spending authority. The Fed’s proposed rule, however, has done little to this effect, according to Warren’s announcement. Warren, Vitter, and 13 other Senators sent a letter to the Fed last August asking the central bank strengthen its lending restrictions, but the Fed has not acted on the issue.”It’s no secret that too big to fail is still around. If another financial crisis happened tomorrow – and that’s still a real risk – nobody doubts that megabanks would be calling on the federal government to bail them out again,” Vitter said. “Our legislation makes common sense reforms to the Fed’s emergency lending powers to protect taxpayers the next time the megabanks lead us into another crisis.”Other changes the new bill would bring about are: Requiring lending programs to be truly broad-based, restricting lending to only those institutions that are not insolvent, and requiring lending to be provided at a penalty rate.Click here to read the full text of the Bailout Prevention Act introduced Wednesday by Warren and Vitter.It is the second bill in a week introduced by Warren attempting some sort of Federal Reserve reform. Warren has been a major figure in Wall Street reform since the crisis and was the chief architect of the controversial Consumer Financial Protection Bureau. Last week, Vitter and Warren introduced the Fed Accountability Act, which is aimed at increasing the independence of the individual Fed governors to improve the central bank’s decision-making process, and at providing more transparency to votes on enforcement actions taken that total more than $1 million. Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Senators Introduce Bill Limiting Fed’s Lending Authority, Ending ‘Too Big to Fail’ The Best Markets For Residential Property Investors 2 days ago About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Federal Reserve Senator David Vitter Senator Elizabeth Warren Too Big to Fail The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago May 13, 2015 1,017 Views Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribelast_img read more

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CFPB vs. PHH: Two-Year Battle Coming to a Head

first_img Tagged with: Americans for Financial Reform Brian Marshall CFPB Consumer Actions Consumer Financial Protection Bureau Court of Appeals for the District of Columbia Circuit Frank-Dodd Act Linda Sherry PHH Corporation President Trump Richard Cordray  Print This Post Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Events, Featured, Government, News Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Previous: Foreclosures Hit 10-Year Low, Despite April Uptick Next: Buying Remains the Cheaper Option, but for How Long? About Author: Brianna Gilpin The highly anticipated hearing for the Consumer Financial Protection Bureau (CFPB) and PHH Corporation took place Wednesday in front of the Court of Appeals for the District of Columbia Circuit. The Court of Appeals agreed to revisit their October decision that the structure of leadership in CFPB is unconstitutional brought by PHH.In October, the three-judge panel for the U.S. Court of Appeals decided the agency was not organized under checks and balances and therefore had to strike “for cause” language out of the leadership structure originally obtained from the Dodd-Frank Act. CFPB challenged this verdict and successfully appealed for an “en banc” review, meaning all the judges on the Appeals Court would be in attendance for the rehearing.The broadest issue in the case, according to Brian Marshall, Policy Counsel for the Americans for Financial Reform, is whether CFPB is able to remain an independent agency headed by a single director. PHH, which is accused of overcharging its mortgage customers, is arguing that the CFPB cannot be independent and that it has to report directly to the president. The CFPB argued that Congress is able to structure independent agencies as it has with financial regulators for quite a long time and they maintain their independence by keeping their heads in place across administrations.“We think that [the case] is very similar to the Federal Trade Commission case that the Supreme Court ruled on over 80 years ago, and it’s very promising that the full court questioned the panel decision and is willing to take up the case,” Marshall said.Michael Barr, Professor and Faculty Advisor at the University of Michigan Law School and Gerald R. Ford School of Public Policy, said the thought that the CFPB should not be able to operate as an executive branch agency or as a multi-member commission is missing the point.“I think the Constitution requires agencies to be accountable but there are lots of ways to achieve that,” Barr said. “The CFPB, in my judgment, is an accountable and effective agency and one that is also independent, and I think that it should be affirmed.”If the court decides the CFPB is unconstitutional, the outcome will likely be striking the term “for cause”, however the change will give President Trump the option to fire Richard Cordray, CFBP Director, immediately.“The bureau’s first director, Richard Cordray, has been very fair in considering industry side of things all along,” Linda Sherry, Consumer Actions Director of National Priorities said. “He’s very measured in most of his actions that he takes and that the bureau takes.”Sherry said PHH, who brought the lawsuit in 2015, illegally referred consumers to mortgage insurers. This violates The Real Estate Settlement Procedures Act (RESPA), which holds that a mortgage company cannot receive kickbacks for loans that closed on or after a date in 2008.“I think the most important aspect of this is it’s calling into question the ability of the CFPB to do its work to protect consumers,” said Sherry. “It’s a red herring, basically, in some ways. It’s keeping the consumer bureau from doing its good work, taking resources from it in order to have to fight this sort of thing, and just appears to be politically motivated.”In the October hearing, the court wrote that because the director alone runs the agency without Presidential supervision, and in light of the CFPB’s broad authority over the U.S. economy, the Director has significantly more unilateral power than any single member of any other independent agency.“By “unilateral power,” we mean power that is not checked by the President or by other colleagues,” the court wrote. “Indeed, other than the President, the Director of the CFPB is the single most powerful official in the entire United States Government, at least when measured in terms of unilateral power.”Sherry hopes that the full panel does not agree with the smaller panel. She and the CFPB feel that they are constitutional because there is room for a director to be removed for cause and if companies do not like what the bureau does, they can take them to court.“It seems to us that there’s room for everyone to have their right heard in the end in this scenario in which a company may be unhappy with something that CFPB does,” Sherry said.According to Marshall, the hearing went well for those that believe the CFPB should continue to be independent.“The court seemed to recognize that a single director is highly accountable and, in fact, more accountable than a multi-member commission because you know who’s making the decisions and the president has the authority to remove that person if they’re doing a bad job. All in all I’m just very pleased with how the argument went,” Marshall said.Though a decision likely will not be made until 2018, comments from Wednesday’s hearing give a good look into the possibilities that are to come. Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe May 24, 2017 2,523 Views Home / Daily Dose / CFPB vs. PHH: Two-Year Battle Coming to a Head Americans for Financial Reform Brian Marshall CFPB Consumer Actions Consumer Financial Protection Bureau Court of Appeals for the District of Columbia Circuit Frank-Dodd Act Linda Sherry PHH Corporation President Trump Richard Cordray 2017-05-24 Brianna Gilpin CFPB vs. PHH: Two-Year Battle Coming to a Head Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

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Quickening Mortgage Innovation in an Industry Slow to Change

first_img Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Quickening Mortgage Innovation in an Industry Slow to Change The Best Markets For Residential Property Investors 2 days ago February 13, 2018 2,609 Views Previous: Early-Stage Mortgage Delinquencies Dropped in Q4 2017 Next: Fed’s Kashkari on Interest Rates and Cryptocurrencies The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Tagged with: blockchain data Machine Learning Quicken Loans Social Media Stacey Caster Technology Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago blockchain data Machine Learning Quicken Loans Social Media Stacey Caster Technology 2018-02-13 David Wharton in Daily Dose, Featured, Headlines, News, Technology Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Quickening Mortgage Innovation in an Industry Slow to Change Share Save Stacey Caster is VP, Technology Communications at Quicken Loans, where she previously worked as Director of Telecommunications. Prior to joining Quicken Loans, Caster was Director of Infrastructure Operations at DTE Energy, working to oversee back-end infrastructure for over 10,000 employees serving 3.1 million customers in southeastern Michigan. DS News recently spoke to Caster about her role at Quicken, incorporating technology to streamline and improve processes, and whether blockchain is poised to come into its own.Tell me briefly, what does a typical day look like for you as VP, Technology Communications for Quicken?I have all the telephony and the communications. I have half of an infrastructure team and half of a software engineering team. It’s an interesting mix, so a typical day can be not typical. We have major projects. It could be development projects that we’re working on. We’re doing a lot of research, a lot of R and D, a lot of proof in technologies. We have teams that work with the businesses to understand their business, to make sure we’re bringing the right technology to them to make them better.Is there anything you’re working on, researching or developing, that you’re particularly excited about right now?We’re trying to look at our whole communications platform and say, “How can we make this better?” Not only for our team members but for our clients. It’s all about the client experience. It’s like when you talk to your family, you’re talking over text. You’re not necessarily doing phone calls anymore. We want our clients to be able to communicate to us in the way that they do naturally, how they do with their friends and family. That’s something that we’re working on.What are the challenges you’re seeing towards realizing those goals?I think that the shift changes quickly with clients. Think of social media, for example, people used to use Facebook all the time, and now they’re using Snapchat all the time. What’s coming next? By the time you catch up, they’re on to the next thing.Let’s take Snapchat, for example. They only want the consumer. They don’t care about businesses. They don’t want to work with businesses. So, when you want to try to communicate to clients via the way that they communicate all the time, you’re very limited on an option like that, and how to integrate it into your own enterprise applications and how you run your business.Are there any particular technologies that you guys are seeing that you think is really going to have an impact on the mortgage industry, such as blockchain or cryptocurrencies?Somebody said to me the other day, “Blockchain is a solution that’s trying to find a problem.” If you think about it, simple innovation is that way, right? If you think about microwave technology, that was there a long time before they thought of the microwave. Or the glue for Post-it Notes. I think blockchain is that way. Eventually, we’ll find the right thing for it, but they haven’t yet. I think it’s a little ways off, till we find what that problem that we’re trying to solve.Machine learning is obviously a big, big piece, which is part of the whole IOT, with the internet of things. When you think about the Alexas of the world and the Google Homes of the world, that’s big. It’s all about automation, and how do we make things better. Again, going back to the client. What are they using? Alexas aren’t that prominent, but they’re growing.It’s become part of the cultural lexicon at this point.Right. And when you talk about the mortgage industry in itself, if you think about when you get your mortgages—it’s very traditional, and it’s been the same way for many years. The way your parents got a mortgage is the same way we get a mortgage. If you think of any other industry, it’s not like that. So that’s where machine learning and automating is going to be a huge thing for the mortgage industry.What do you think has made the mortgage industry resistant to evolution?Obviously, you have regulatory. That’s a big piece. It’s not easy to turn that boat. But also, it’s working. It’s been working. If you don’t have somebody saying, “Well, change it,” [it’s hard to make change happen.]What are the challenges of working in such a heavily regulated industry?You just do it. Now obviously, as a business, it’s best if you have those relationships with Fannie and Freddie so you can have those conversations, if they’re the ones helping with those regulations. Having those relationships as a business and working with them is going to be extremely important. You make it work. You do it.Now, the way you do it, and how you do it—as long as you’re following to the guidelines, that can be very different. That’s where you can be successful or fail.What are the ways that you guys are trying to simplify or streamline your own processes or make customer interactions easier?Automate. Automate. Automate.It all comes down to that?It doesn’t all come down to that, but that is the biggest piece, absolutely. Automate where we can. Make it as easy and natural for the client as we can. That is absolutely the biggest thing. Is that challenging to deal with the fact that so much of our lives have conveniences such as the ease of text messaging, which we take for granted? Is there a level of customer expectation where people don’t realize how much work goes into making all those “easy” little things?Yes, there’s some of that. A real easy example is, real estate agents—they text. That’s how they do their business, because of the way their business is. They would just be texting people assuming that their phone number is textable. But what if it’s a business line that might not be textable? We learned about this and we corrected it. But, like you said, it’s part of the way that they do business. They just made assumptions. You could be losing because you don’t realize that they’re trying to connect to you this way, and they can’t. So they move to somebody else. Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: David Wharton Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days agolast_img read more

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Fitch Addresses PHH, Ocwen

first_img Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Previous: McCarthy & Holthus Responds to Supreme Court Foreclosure Ruling Next: Fannie Mae on What Could Derail Spring Homebuyers Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Investment, News, Secondary Market Tagged with: Fitch Ocwen PHH Ratings RMBS The Best Markets For Residential Property Investors 2 days ago Fitch Ocwen PHH Ratings RMBS 2019-03-20 Seth Welborn Home / Daily Dose / Fitch Addresses PHH, Ocwen Subscribe March 20, 2019 3,292 Views About Author: Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Fitch Ratings announced earlier this month that it does not expect to change any RMBS bond ratings in response to PHH Mortgage Corporation (PMC) assuming a mortgage sub-servicing role to Ocwen Loan Servicing (OLS). Earlier this year, Fitch also announced that the PMC merger with Homeward Residential would not impact RMBS ratings either.According to Fitch, Ocwen’s primary servicer ratings are currently ‘3-‘ with a Stable Outlook, while PMC’s primary servicer ratings are currently ‘3’ with a Stable Outlook. As of Dec. 31, 2018, Ocwen’s residential servicing portfolio consisted of approximately 1 million loans totaling $149 billion. This included approximately 785,000 loans totaling $114 billion in more than 2,800 non-agency RMBS transactions.Ocwen, along with Wells Fargo, was recently accused of exploiting homeowners during the financial crisis, and on Monday, a New York Federal Judge decided not to rule on the bids to toss out the proposed Employee Retirement Income Security Act (ERISA) class action suit.In March 2018, trustees of the United Food & Commercial Workers Union & Employers Midwest Pension Fund alleged that Ocwen had pushed homeowners into foreclosure during the financial crisis in 2007 and 2008, in order to profit off foreclosures, while Wells Fargo stood by instead of supervised.While the trustees have claimed that the conditions necessary to move forward with the ERISA claim, the judge stated that Ocwen and Wells Fargo had submitted evidence that suggested otherwise.U.S. District Judge Vernon S. Broderick tossed a number of the other dismissal arguments without prejudice to potentially be refiled after those motions were decided.”The [first amended complaint] also asserts that Ocwen ‘exercised sweeping, unchecked control of the management and disposition of securitized mortgages, and was a fiduciary under ERISA to the benefit plans that invested in those mortgages,'” the judge said. “Ocwen and Wells Fargo, however, have filed numerous exhibits in conjunction with their motions to dismiss, which cast considerable doubt on plaintiffs’ ability to support these allegations.”Find more from Fitch Ratings here. The Best Markets For Residential Property Investors 2 days ago Related Articles  Print This Post Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Fitch Addresses PHH, Ocwen Share Save Demand Propels Home Prices Upward 2 days agolast_img read more

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Dorian Could Bring Losses of More Than $1B

first_img Related Articles  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Loss Mitigation, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Share Save Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Austin: Top Site for Investors Next: FHFA Director Mark Calabria Gives Update on Fannie and Freddie Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Dorian Could Bring Losses of More Than $1B Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Hurricane natural disaster 2019-09-17 Mike Albanese Demand Propels Home Prices Upward 2 days ago Tagged with: Hurricane natural disaster Servicers Navigate the Post-Pandemic World 2 days ago September 17, 2019 1,013 Views About Author: Mike Albanese Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Insurance Business America reports that insured losses from Hurricane Dorian in the U.S. could be between $500 million and $1.5 billion, according to estimates from analytics firm RMS. The projection represented insured losses associated with wind and storm-surge damage, as well as losses to the National Flood Insurance Program (NFIP). “While Dorian caused material damage in several states, the overall impact to the US could have been much worse had the storm taken a different track,” said Jeff Waters, Senior Project Manager for RMS North America Atlantic Hurricane Models. “We were fortunate that the majority of Dorian’s damaging winds and storm surge remained offshore as it tracked along the US coastline before weakening and eventually making landfall in North Carolina.”The estimate also states that total insured losses from Dorian, including those in the Caribbean, U.S., and Canada, will fall between $4 billion and $8.5 billion. RMS states most of the losses will be from damages in the Bahamas. Dorian demolished the Bahamas earlier this month, as the storm stalled over the island. The Washington Post reports that authorities said three out of every four homes on Grand Bahama were underwater, and recovery “will cost billions of dollars.” The Post states that Prime Minister Hubert Minnis said Tuesday that the official death count has risen to seven, but expects that to increase as more of the damaged areas can be reached. “Parts of Abaco are decimated. There is severe flooding,” Minnis said. “There is severe damage to homes, businesses, other buildings and infrastructure.”Bahamas Deputy Prime Minister Peter Turnquest said the island’s infrastructure is “wrecked.” By the time the storm hit mainland U.S. it had downgraded to a Category 1. Dorian hit the outer banks of the Carolinas before moving north and hitting Nova Scotia, Canada. The storm still had sustained winds of 100 mph when it struck the coast of Canada.  Dorian Could Bring Losses of More Than $1B Subscribelast_img read more

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California to Mortgage Servicers: Remember Duty to Struggling Homeowners

first_img The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Phil Hall is a former United Nations-based reporter for Fairchild Broadcast News, the author of nine books, the host of the award-winning SoundCloud podcast “The Online Movie Show,” co-host of the award-winning WAPJ-FM talk show “Nutmeg Chatter” and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill’s Congress Blog and Profit Confidential. His real estate finance writing has been published in the ABA Banking Journal, Secondary Marketing Executive, Servicing Management, MortgageOrb, Progress in Lending, National Mortgage Professional, Mortgage Professional America, Canadian Mortgage Professional, Mortgage Professional News, Mortgage Broker News and HousingWire. California Attorney General Xavier Becerra sent a letter to 33 mortgage servicing entities warning them that his office is monitoring their activities in regard to the state’s Homeowner Bill of Rights. He warned he will not hesitate to enact investigative and enforcement actions if they fail to “commit adequate resources to meet their legal obligations during and in the wake of the coronavirus crisis.”While Becerra’s letter offered no evidence that mortgage servicers were exploiting homeowners undergoing financial difficulties as a result of the pandemic, he nonetheless requested that the servicers provide information by August 31 for a designated contact person that would detail how they are handling coronavirus-related matters.Becerra’s letter offered an overview of the California Homeowner Bill of Rights in regard to dealing with the pre-foreclosure and foreclosure processes and how servicers must provide homeowners “a meaningful opportunity to avoid losing their home.” The letter also reminded servicers that state law provides protections to tenants in homes that are sold in foreclosure, including offering at least 90 days advance written ahead of any eviction. “As the dual economic and public health crises continue, many California homeowners may fall behind on their mortgage payments,” said Becerra in a press statement. “During times like these we must rely on laws, such as the California Homeowner Bill of Rights, to provide a safeguard for families who are one payment away from losing their homes. We take the rights of homeowners very seriously and expect all mortgage servicers to comply with the law.”Becerra’s press statement also listed his activities on behalf of homeowners and residents since the pandemic began, including is role in a coalition of 35 attorneys general that sent letters to U.S. Department of Housing and Urban Development Secretary Ben Carson and Federal Housing Finance Agency director Mark Calabria seeking additional protections for homeowners who were financially impacted by the pandemic. Demand Propels Home Prices Upward 2 days ago August 10, 2020 1,122 Views Servicers Navigate the Post-Pandemic World 2 days ago Attorney General California COVID-19 Foreclosures Homeowner Bill of Rights 2020-08-10 Christina Hughes Babb  Print This Post About Author: Phil Hall Subscribe Sign up for DS News Daily Previous: Five Star Global Expands Its Executive Team Next: Could Fears of ‘Foreclosure Tsunami’ Be Unfounded?center_img Home / Daily Dose / California to Mortgage Servicers: Remember Duty to Struggling Homeowners Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Government, News California to Mortgage Servicers: Remember Duty to Struggling Homeowners Tagged with: Attorney General California COVID-19 Foreclosures Homeowner Bill of Rights Related Articles Share Save Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

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Labour leader congratulates McBrearty on election performance

first_imgNews Help sought in search for missing 27 year old in Letterkenny WhatsApp Facebook 448 new cases of Covid 19 reported today NPHET ‘positive’ on easing restrictions – Donnelly RELATED ARTICLESMORE FROM AUTHOR Facebook Labour party leader Eamon Gilmore has congratulated Cllr. Frank McBrearty on his ‘ very encouraging performance in the Donegal South West By Election’.He said Frank has more than trebled the Labour Party share of the vote over the general election in a constituency where the Labour Party has not been traditionally strong. In 2007 we did not have a single councillor in the County and got less than 3% of the vote in Donegal South West. Now we (Labour) have three County Councillors and a candidate in a position to fight for a seat in the general election.Deputy Gilmore added ‘The most significant aspect of this election is the collapse in support for Fianna Fail which has seen its vote fall from 50% to just over 20%.  If this pattern were to be repeated in a general election, Fianna Fail would face political wipe-out.’ Labour leader congratulates McBrearty on election performance Pinterest WhatsAppcenter_img Pinterest Twitter Guidelines for reopening of hospitality sector published Calls for maternity restrictions to be lifted at LUH Google+ By News Highland – November 27, 2010 Google+ Three factors driving Donegal housing market – Robinson Twitter Previous articlePensioner held at gun point in DerryNext articleSnowy and icy conditions across Donegal News Highland last_img read more

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Water may be restricted as supplies again run low

first_img LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Twitter Newsx Adverts WhatsApp Guidelines for reopening of hospitality sector published By News Highland – December 1, 2010 Pinterest Calls for maternity restrictions to be lifted at LUH Pinterest Three factors driving Donegal housing market – Robinson Facebook Facebookcenter_img WhatsApp Twitter Donegal County Council is reporting an increase in demand on a number of water supplies in the county coinciding with the current cold weather conditions which could lead to water being restricted.Taps left running,  burst mains which have not yet been located and leakage in private properties is being blamed for an increase in demand.During the big freeze over last Christmas, similar problems resulted in diminished water levels which led to water being switched off in most areas of the county on a nightly bases.Senior Engineer with Donegal County Council, Con McLaughlin says if current demand keeps up, a policy of water restriction is inevitable:[podcast]http://www.highlandradio.com/wp-content/uploads/2010/12/conr1pm.mp3[/podcast] Google+ RELATED ARTICLESMORE FROM AUTHOR NPHET ‘positive’ on easing restrictions – Donnelly Previous articleDonegal anglers give cautious welcome to poachers hotlineNext articleSchool closures confirmed for Thursday December 2nd News Highland Water may be restricted as supplies again run low Google+ Almost 10,000 appointments cancelled in Saolta Hospital Group this weeklast_img read more

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Efforts continue to persuade Larkin to run in General Election

first_img Google+ News LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Three factors driving Donegal housing market – Robinson Facebook WhatsApp WhatsApp Pinterest Guidelines for reopening of hospitality sector published Twitter Twitter Efforts continue to persuade Larkin to run in General Electioncenter_img RELATED ARTICLESMORE FROM AUTHOR Highland Radio News understands that efforts are continuing to persuade Fianna Fail Councillor Dessie Larkin to contest the General Election in Donegal North East as an independent.His supporters have spent the weekend gauging support for the Councillor who was expressed his shock at a Fianna Fail decision not to run him as a candidate along side Councillor Charlie McConolougue.John McAtteer, editor of the Tir Chonaill Tribune, says it is 50-50 as to whether Councillor Larkin will run as an independent or not:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/02/john.mp3[/podcast] By News Highland – February 7, 2011 Pinterest Google+ Previous articlePearse Doherty outlines Sinn Fein recovery planNext articleCCCNW will not run candidate in General Election News Highland Calls for maternity restrictions to be lifted at LUH Almost 10,000 appointments cancelled in Saolta Hospital Group this week Facebook Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margeylast_img read more

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Gardai investigate Letterkenny assault

first_img Guidelines for reopening of hospitality sector published Google+ RELATED ARTICLESMORE FROM AUTHOR Google+ Facebook WhatsApp Pinterest WhatsApp Facebook LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Gardai investigate Letterkenny assault Calls for maternity restrictions to be lifted at LUH center_img Pinterest Newsx Adverts Previous articleDonegal skeletons could lead to changes in how osteoperosis is treatedNext articleNew Department of Psychiatry Admissions Unit to open in Letterkenny today News Highland Gardai in Letterkenny are investigating an assault in the Lower Main Street area of the town in the early hours of this morning.A man in his twenties was assaulted at around 2am.No further details have been released, but we understand the assault was a serious one. Twitter Twitter By News Highland – September 25, 2011 Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Almost 10,000 appointments cancelled in Saolta Hospital Group this week Need for issues with Mica redress scheme to be addressed raised in Seanad alsolast_img read more

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