Private Investors Taking on More of the Risk With Credit Risk Transfer Programs

first_img Private Investors Taking on More of the Risk With Credit Risk Transfer Programs Related Articles “This further protects U.S. taxpayers from backstopping GSE credit losses and helps to build a more robust system that can keep overall mortgage rates low, while creating a more sustainable mortgage funding model.”Freddie Mac Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Credit Risk Transfer Freddie Mac STACR Structured Agency Credit Risk About Author: Brian Honea The Best Markets For Residential Property Investors 2 days ago Credit Risk Transfer Freddie Mac STACR Structured Agency Credit Risk 2016-01-20 Brian Honea  Print This Post Freddie Mac launched a new asset class with the beginning of the Structured Agency Credit Risk (STACR) series in July 2013 as a strategy for selling credit risk on single-family mortgages to private investors.Two and a half years later, Freddie Mac has succeeded in the transferring of a substantial portion of credit risk on more than $385 billion of UPB in single-family mortgages backed by the Enterprise, through STACR and the Whole Loan Security (WLS) and Agency Credit Insurance Structure (ACIS) programs. Freddie Mac’s investor base has grown to include approximately 190 unique investors, which includes reinsurers, and the three programs have raised about $16 billion to protect taxpayers from mortgage default losses.“By shifting more of our potential credit losses to private investors, we’ve led the way in transforming how a significant portion of the U.S. housing market is funded,” said Kevin Palmer, SVP of Credit Risk Transfer (CRT), in a commentary on Freddie Mac’s website. “This further protects U.S. taxpayers from backstopping GSE credit losses and helps to build a more robust system that can keep overall mortgage rates low, while creating a more sustainable mortgage funding model.”In the two and a half years since the STACR series began, Palmer said Freddie Mac has learned the following: private investment segments are willing to take on credit risk at reasonable prices; it is important for Freddie Mac to retain a portion of the credit risk in its CRT programs in order to align interests with investors; offering multiple types of CRT products allows options to transfer risk across a range of economic environments; and communication is critical with investors in order to share with them Freddie Mac’s quality control and loan servicing processes as well as its practices and standards. The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Home / Daily Dose / Private Investors Taking on More of the Risk With Credit Risk Transfer Programs January 20, 2016 1,430 Views Servicers Navigate the Post-Pandemic World 2 days ago “While we are only a few years into what is likely to be a decade-long transformation of the mortgage credit risk transfer market, our leadership in this area will impact mortgage finance for years to come,” Palmer said.Fannie Mae has followed its fellow GSE’s lead in risk sharing with two programs of its own starting with the Connecticut Avenue Securities (CAS) series in September 2013 and the Credit Insurance Risk Transfer (CIRT) program in 2014. Through the CAS series, Fannie Mae has sold more than $12.4 billion in securities to private investors, which covers $438 billion worth of mortgage loans. Demand Propels Home Prices Upward 2 days ago Previous: Clayton Holdings Opens New Silicon Valley Office Next: Majority of Americans Unconcerned Over Fed’s Rate Increase Share Save in Daily Dose, Featured, News, Secondary Market Subscribe 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 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. last_img read more

RBS Settlement Delayed Thanks to DoJ Shakeup

first_img The Best Markets For Residential Property Investors 2 days ago Share Save Sign up for DS News Daily  Print This Post RBS Settlement Delayed Thanks to DoJ Shakeup Tagged with: Royal Bank of Scotland February 6, 2017 1,665 Views The Royal Bank of Scotland (RBS) may have a brief reprieve from paying settlements between it and the U.S. government following the firing of the acting Attorney General Sally Yates.President Donald Trump replaced Yates on January 30 when she refused to defend his travel ban on citizens of seven Muslim countries. As head of the U.S. Department of Justice, she was in charge of any potential settlement with the U.K. based bank in connection to its sale of toxic mortgage-backed securities (MBS) leading up to the 2008 financial crisis.Trump’s pick for Attorney General, Jeff Sessions, will face his confirmation vote on Wednesday. Following Yates’ termination, Dana Boente is the current acting Attorney General.RBS announced January 26 it plans to set aside an additional $3.8 billion in preparation to settle those claims according to Business Insider, though following the firing of Yates any potential timeline could be delayed. No date had been announced for any settlement, though the bank made the provision public well ahead of its Full Year 2016 results announcement set for February 24.The bank has not made any announced changes to those provisions following the abrupt change in leadership at the Department of Justice.The bank was one of 18 financial institutions sued by the by the Federal Housing Finance Agency (FHFA) in 2011 to recoup U.S. taxpayer costs following the government’s $187.5 billion bailout of Fannie Mae and Freddie Mac in 2008.Most recently RBS settled for $85 million in regards to charges by the Commodity Futures Trading Commission that its traders tried to manipulate a critical benchmark in the interest rate swaps market for more than five years.RBS has set aside a total of $8.3 billion in litigation “provisions” to date.”Putting our legacy litigation issues behind us, including those relating to RMBS, remains a key part of our strategy,” said Ross McEwan, CEO of the UK-based bank. “It is our priority to seek the best outcome for our shareholders, customers and employees.”The provision will reduce RBS’s Q3 2016 CET 1 capital ratio to 13.6 percent.Business Insider  reports that the new provision makes it unlikely RBS will post a profit for 2016, the ninth straight year the bank has failed to do so. Phil Banker began his career in journalism after graduating from the University of North Texas. He has covered a number of communities across Texas and southern Oklahoma, writing news and sports for publications including the Ardmoreite, Ennis Daily News and the Plano Star-Courier. He is currently a contributor to DS News and The MReport. Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Phil Banker The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Is Rise in Forbearance Volume Cause for Concern? 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: Breaking Down Blight Next: Carson Filling Out Advisory Team Royal Bank of Scotland 2017-02-06 Phil Banker Demand Propels Home Prices Upward 2 days ago in Featured, News Home / Featured / RBS Settlement Delayed Thanks to DoJ Shakeup Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

Homebuyers, Fixed-income Families Brace for Impact of Rising Prices

first_img About Author: Kristina Brewer Related Articles Homebuyers, Fixed-income Families Brace for Impact of Rising Prices in Daily Dose, Featured, Journal, Market Studies, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: Equity fixed-income Freddie Mac House Prices Inflation mortgage Outlook The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: HUD Secretary Ben Carson to Speak at Government Forum Next: 10 Cities With the Best and Worst Credit Scores Equity fixed-income Freddie Mac House Prices Inflation mortgage Outlook 2018-03-23 Staff Writer  Print This Post March 23, 2018 1,850 Views center_img Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Homebuyers, Fixed-income Families Brace for Impact of Rising Prices Share Save The Best Markets For Residential Property Investors 2 days ago Freddie Mac has released its March 2018 Economic and Housing Research Outlook report, titled ‘Home Price Appreciation: Winners and Losers.’ This report was prepared by the GSE’s Economic and Housing Research group and focuses on how increasing home prices are helping many current homeowners build equity, yet are showing negative impacts on first-time buyers and fixed-income households.Though mortgage rates have remained historically low, they have been increasing at a steady pace since the start of this year, reaching 4.44 percent, a .49 percent increase from January. That growth is expected to continue, with the report anticipating the 30-year fixed mortgage rate averaging 4.9 percent in the fourth quarter of 2018. Since the end of the Great Recession in 2009, home prices have risen 37 percent nationwide, with the last year experiencing an increase of 7 percent. This increase has helped homeowners garner $14.4 trillion in home equity in the fourth quarter of 2017. Black Knight Data and Analytics reports that homeowners with mortgages have a collective $5.5 trillion in equity that is available to borrow against. “Overall, U.S. housing markets have been on the upswing. While housing market trends have been generally favorable, not everyone has shared equally in the gains,” said Len Kiefer, Deputy Chief Economist. “Existing homeowners have largely seen their properties increase in value, helping to build equity. In many parts of the country, home values have more than recovered from the Great Recession, reaching new (nominal) peaks, and the share of underwater homeowners has dropped significantly.” The outlook forecasts a 5.1 percent increase in home prices in 2018 and is anticipating a continuous rise above the rate of inflation as new construction continues to fall short of inventory demand. These increases will begin to show an impact on first time home buyers, who may be pushed out of the market. Home price appreciation may also develop into a burden for homeowners living on fixed incomes, as property taxes rise in tandem. Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Kristina Brewer is a graduate of the University of North Texas (UNT), where she received her Bachelor of Arts in English with a concentration in rhetoric and writing and a minor in global marketing. During this time, she served as Director of Philanthropy in the national women’s fraternity Zeta Tau Alpha, of which she is an alumna. Her passion for philanthropy continued after university when she was an intern at Keep Denton Beautiful, a local partner of Keep America Beautiful, where she drove membership, organized events, and led social media campaigns. Brewer honed her writing at the North Texas Daily, UNT’s student-run newspaper where she wrote about faculty, mentorship, and student life. Brewer also previously worked at Optimus Business Plans where she helped start-ups create funding proposals, risk assessments, and management plans. You can reach her at [email protected] Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Subscribelast_img read more

Montgomery on FHA Streamlining of “Unnecessary and Outdated” Regulations

first_img About Author: Stephanie Bacot  Print This Post Related Articles March 14, 2019 3,553 Views The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Assistant Secretary of Housing Borrowers Brian D.Montgomery federal housing commissioner FHA guidelines and procedures HUD Lenders Mortgagee Letter Servicing Industry Single Family Mortgage Insurance Single Family Mortgagee Letters Servicers Navigate the Post-Pandemic World 2 days ago Share Save Subscribe Montgomery on FHA Streamlining of “Unnecessary and Outdated” Regulations Previous: Experts: Government Shouldn’t Insure Against Natural Disasters Next: A Renewed Focus on Housing Supplycenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Montgomery on FHA Streamlining of “Unnecessary and Outdated” Regulations The Best Markets For Residential Property Investors 2 days ago The U.S. Department of Housing and Urban Development (HUD) released a pair of new mortgagee letters earlier this week, and now FHA Commissioner Brian D. Montgomery has spoken of how these latest changes reflect his commitment to further streamlining and improving FHA’s processes and providing fewer hindrances to lenders and servicers interacting with FHA.In a statement about the upgrades, Montgomery said, “Shortly after arriving back at FHA in June 2018, I indicated one of our goals was to streamline and update our program guidelines and procedures. In parallel with the Administration’s objectives of reducing regulatory barriers.” Montgomery added that these latest letters eliminate “two unnecessary and outdated regulations that have been barriers for lenders.”The first letter “eliminates the 10-year protection plan requirements, allowing borrowers to qualify for FHA mortgage insurance on high loan-to-value mortgages.” This applies to when the property was not approved for guaranty, insurance, or a direct loan before the beginning of construction if the property is less than one year old. According to the letter, this change applies to the origination of all FHA Title II forward mortgage programs and streamlines home warranty requirements for FHA single-family mortgage insurance by removing the policy guidance that requires borrowers to purchase 10-year protection plans in order to qualify for certain mortgages on newly constructed single-family homes. The second letter addresses the elimination of the regulations for the FHA Inspector Roster, deregulating the roster requirements. In order to streamline inspection requirements for FHA Single-Family Mortgage Insurance, they will no longer keep a roster of inspectors. HUD originally established the Roster to standardize the inspection process for properties with FHA-insured mortgages. Before the Roster, cities, and states developed their own building codes, which had little uniformity or consistency with each other. See the full report here. Stephanie Bacot is an experienced multimedia writer having created content for print, web, television, and more. She is the past producer of BIZTV, a national television network for businesses and entrepreneurs that reached more than 200,000 professionals. She has more than 15 years’ experience in healthcare marketing and was an advertising exec for Healthcare Journal of Baton Rouge, a trade publication focused on the healthcare industry, as well as the marketing director for a $5 million surgery center. Bacot is a graduate of Louisiana State University with a degree in Marketing and Communications. She resides in Dallas when she’s not pursuing her love of travel. Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Government, News, Servicing Assistant Secretary of Housing Borrowers Brian D.Montgomery federal housing commissioner FHA guidelines and procedures HUD Lenders Mortgagee Letter Servicing Industry Single Family Mortgage Insurance Single Family Mortgagee Letters 2019-03-14 Staff Writer 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 Demand Propels Home Prices Upward 2 days agolast_img read more

Removing Barriers in Foreclosure Documentation

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles April 11, 2019 1,159 Views Share Save Sign up for DS News Daily Admissibility is a key question in foreclosure cases. Authenticating documents for admission may complicate a plaintiff’s ability to prevail at trial. The Second District Court of Appeal has explained that loan modification agreements and various other documents are self-authenticating, thus easing the process of admission.In foreclosure trials, the plaintiff is normally correct about most of the facts: “There is a note.” “The borrower signed a mortgage.” “The borrower breached by failing to make required payments.” “A breach letter was sent.” “The payment history and related documents reflect the amounts due and owing under the terms of the note and mortgage.”Apart from the muddled issue of standing, the key issue in a case is normally focused on whether the servicer’s documentary evidence is admitted by the court. Admissibility involves two questions: Is the document authentic? Is the document admissible? Each question is equally important.Authentication or identification requires that a party present sufficient evidence to support a finding that the matter in question is what its proponent claims. However, documents which are self- authenticating are not subject to this rule. While it has been understood that certain documents, including the note, are “self-authenticating” within the meaning of section 90.902, Florida Statutes, the scope of documents subject to the self-authentication rule has been less clear.In Wells Fargo Bank, N.A. v. Quest Systems, LLC, 2D17-1184 (Fla. 2d DCA Apr. 3, 2019), the court clarified this issue. The court highlighted the fact that the statute provides that all documents “relating to” commercial paper are self-authenticating. Based on this proposition, the court found that a loan modification agreement, being related to the note, was self-authenticating. Other documents that relate to the note may be similarly self-authenticating, removing one of the barriers to admission of the evidence and, thus, judgment in favor of plaintiff. Foreclosure Law Wells Fargo 2019-04-11 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: The True Cost of Selling a Home Next: The Cities Where Natural Disaster Risk Is Lowest Van Ness Attorneys aka Van Ness Law Firm is a South Florida law firm located in Deerfield Beach and Miami with its roots representing the loan servicing industry handling Foreclosures, creditor-side bankruptcy, eviction and litigation. Anthony Van Ness Van Ness sits on the Legal League 100 Advisory Board and the law firm is also a certified minority owned business. About Author: Van Ness Attorneys Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Foreclosure, News Removing Barriers in Foreclosure Documentation Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Foreclosure Law Wells Fargo Home / Daily Dose / Removing Barriers in Foreclosure Documentationlast_img read more

Is a Recession Heading Our Way in 2020?

first_img Share Save The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Is a Recession Heading Our Way in 2020? Demand Propels Home Prices Upward 2 days ago April 29, 2019 2,066 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Is a recession heading our way in 2020? If so, what is The Federal Reserve doing to fight it? Well, that answer may change depending who you ask.A recent article from The New York Times stated while the current economic expansion is on track to become the longest on record, Fed officials are beginning the most extensive rethinking of how they set monetary policy since they set a formal target for inflation seven years ago.The results will help determine how long it can keep the good times going and how effectively it will be able to fight the next downturn.The Times added that any changes are likely to tilt policy in the direction of maintaining lower interest rates for longer periods, looking to get inflation to more consistently average 2%.Earlier this year, however, Tendayi Kapfidze, Chief Economist at LendingTree, said that, while the housing market is expected to slow down in 2020, it should not be a cause for concern. Tendayi explained that LendingTree does not anticipate a recession this year on account of a strong labor market that will form the basis for growth. However, he added that political tensions will add to uncertainty and volatility, which may result in a loss of confidence and suppressed business and consumer spending.However, the question of whether a recession is imminent is a complicated one. In March, the three-month and the 10-year Treasury yields inverted for the first time since mid-2007.”Historically, an inverted yield curve is a significant sign that points to the development of an economic slowdown in the near to medium term,” said Ed Delgado, President & CEO of Five Star Global, at the time. “This latest development is another in a series of economic markers that support the possibility of a future recessionary cycle.”Ted Bauman, Senior Research Analyst and Economist at Banyan Hill Publishing, told DS News at the time, “For forecasters, inverting yield curves have about the same significance as voodoo-cursed totems for followers of that religion. That’s because they have preceded the last seven official U.S. recessions. They are, therefore, not to be taken lightly.”With the inversion coming on the heels of the Federal Reserve’s announcement that it was not planning further interest rate hikes this year, along with other concerns that an economic slowdown may be on the horizon, the inverted yield curve sent stocks plummeting.Diane Swonk, Chief Economist at Grant Thornton, told PBS News Hour that the inversion was “the straw that broke the camel’s back” for many investors.According to a recent Gallup Poll, about 39% of Americans think the economy is slowing down, while 17% think we’re already in a recession or depression. Related Articles  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago 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. Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Inverted Yield Curve Recession The Fedcenter_img Is a Recession Heading Our Way in 2020? Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Government Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Previous: How Climate Change Is Driving Foreclosure and Delinquency Next: Fraud, Foreclosure, and Community Blight in Buffalo Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Mike Albanese Inverted Yield Curve Recession The Fed 2019-04-29 Mike Albanese Subscribelast_img read more

The Spread of Zombie Properties

first_img Servicers Navigate the Post-Pandemic World 2 days ago 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. About Author: Seth Welborn HOUSING Vacancy Zombie Home 2020-02-27 Seth Welborn Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: HOUSING Vacancy Zombie Home in Daily Dose, Featured, Loss Mitigation, News Related Articles Share Save According to a new report, 1.52 million U.S. single-family homes and condos in the United States are vacant, representing 1.5% of all homes. The ATTOM Data Solutions Q1 2020 Vacant Property and Zombie Foreclosure Report, which analyzes publicly recorded real estate data collected by ATTOM Data Solution, reports that about 282,800 homes are in the process of foreclosure, with about 8,700, or 3.1% sitting empty as “zombie” foreclosures. The percentage is up from 3% in the fourth quarter of 2019, but still significantly less than 5.8% in the first quarter of 2014.The total number of properties in the process of foreclosure in the first quarter of 2020 is down 1.9% from the fourth quarter of 2019, while the number vacant foreclosures is up 1.7%, meaning that the level of zombie properties rose while the count of foreclosures dipped. Since 2016, the number facing possible foreclosure is down 27%, while the tally of unoccupied properties in the foreclosure pipeline has declined 53%.States that had the greatest zombie foreclosure rate with 500 or more properties in the foreclosure process and 100 or more zombie foreclosures included Ohio (6.8%), Indiana (5.1%), Illinois (4.7%), Oklahoma (4.5%) and Maryland (4.3%).New York continues to have the highest actual number of zombie properties (2,206), followed by Florida (1,390), Ohio (977), Illinois (943), Ohio (823) and Pennsylvania (317).“Homes abandoned by owners facing a possible foreclosure remain little more than a blip on the radar across the country, as one of the main scourges of the Great Recession continues to show little or no signs of re-emerging,” said Todd Teta, Chief Product Officer with ATTOM Data Solutions. “Even with the slight increase in these so-called ‘zombie foreclosures,’ so far this year, there are still pockets of distress with elevated numbers of abandoned homes. But in yet another reflection of how the national housing market is still booming, you can drive through many towns and not pass a single such property.” The Spread of Zombie Propertiescenter_img  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Puerto Rico Disaster Recovery Speeding Up Next: Law Firm Accuses CFPB of Unlawful Funding Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / The Spread of Zombie Properties February 27, 2020 2,151 Views Subscribelast_img read more

Farmers seeking recognition of effects of adverse weather

first_imgNews Pinterest 448 new cases of Covid 19 reported today Facebook By News Highland – July 16, 2012 Google+ Google+ Twitter WhatsApp Facebook Pinterest Guidelines for reopening of hospitality sector publishedcenter_img Three factors driving Donegal housing market – Robinson WhatsApp Previous articleIrish Government to make formal complaint about Mc Areavey photosNext articleMc Conalogue welcomes promotion to FF Education Spokesperson News Highland Help sought in search for missing 27 year old in Letterkenny Twitter Farmers seeking recognition of effects of adverse weather NPHET ‘positive’ on easing restrictions – Donnelly Calls for maternity restrictions to be lifted at LUH Farmers suffering from the effects of one of the wettest summers on record, will be hoping the Agriculture Minister wins some concessions for them in Brussels today.Simon Coveney is to attend a meeting of the Farm Council in Brussels, and the Irish Farmer’s Association wants him to appeal to Europe for an exceptional handout.The IFA’s hoping for a 70 per cent advance on the Single Farm Payment due on October 16th.There is precedent here – the European Commission made a similar move in 2009, one of the worst summers of recent years.IFA President John Bryan says it’s crucial Deputy Coveney suceeds in winning the advance……….[podcast]http://www.highlandradio.com/wp-content/uploads/2012/07/bryan.mp3[/podcast]Meanwhile, the ICSA is urging farm inspectors to make allowances for the serious effect the current heavy rainfall is having on farms across Donegal.They say they understand the Department is obliged to carry out inspections, and they cannot be cancelled or postponed.However, the ICSA says meeting some required standards under these weather conditions will be extremely difficult and they want inspectors to recognise this. RELATED ARTICLESMORE FROM AUTHORlast_img read more

Government again asked to support former Assetco employees

first_img Google+ By News Highland – November 25, 2012 Previous articleWards re-open following Alnagelvin Hospital fireNext articleCastlefin to Lifford road reopened folowing RTC News Highland WhatsApp Twitter Google+ Facebook Pinterest The Government has been again asked by the formers employees of Assetco in Lisfannon to take up their cause and assist in them fighting for the redundancy they believe they are entitled too.29 people lost their jobs earlier this month when Premier Fireserve, formerly Assetco lost its contract with the London Fire Brigade.The workers have documentation which they believes proves that they are entitled to more than the 55 thousand euro the London Fire Brigade has offered to be shared between them.Former worker Oliver O’Donnell says that while they would welcome legal advice on the matter, they also want the government to make representations to the London Fire Brigade on their behalf:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/11/olyr830ASSETCO.mp3[/podcast] Facebook Guidelines for reopening of hospitality sector published RELATED ARTICLESMORE FROM AUTHORcenter_img Almost 10,000 appointments cancelled in Saolta Hospital Group this week LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Government again asked to support former Assetco employees News NPHET ‘positive’ on easing restrictions – Donnelly WhatsApp Twitter Pinterest Calls for maternity restrictions to be lifted at LUH Three factors driving Donegal housing market – Robinson last_img read more

Fatal collision 22 times more likely between 3-4am at weekends on Donegals roads

first_img Previous articleTwo Derry women brutally attacked and robbed in PortugalNext articlePasser-by removes pipe-bomb from garden and places it in a nearby field in Strabane News Highland News Pinterest Facebook Need for issues with Mica redress scheme to be addressed raised in Seanad also RELATED ARTICLESMORE FROM AUTHOR WhatsApp LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Almost 10,000 appointments cancelled in Saolta Hospital Group this week Facebook By News Highland – September 9, 2010 Twittercenter_img Guidelines for reopening of hospitality sector published WhatsApp It’s 22 times more likely that a fatal collision on Donegals roads will happen betweem 3 and 4 am on a weekend night than between 9am and 6pm on any other day of the week.These were the findings of a road safety draft at yesterdays Buncrana Town Council meeting.The Council has now called upon the Department of Justice and Senior Gardai to ensure that extra Gardai are deployed during 3 and 4 am on weekends.And Councillor Mary Kelly believes if we have more Gardai on our roads during these periods, then it will go some way to stopping the carnage on the counties roads:[podcast]http://www.highlandradio.com/wp-content/uploads/2010/09/mkell1pm.mp3[/podcast] Twitter Fatal collision 22 times more likely between 3-4am at weekends on Donegals roads Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Calls for maternity restrictions to be lifted at LUH Google+ Google+ Pinterestlast_img read more