Twitter Facebook Previous article#BREAKING CAB raids at Limerick and Dublin homesNext articleTargeted crackdown on Limerick dumping blackspots Staff Reporterhttp://www.limerickpost.ie SING OUT WITH STRINGS celebrates a decade of music with showcase performance Limerick students win trip to Brussels hosted by MEP Kelly Three Limerick students honoured to present their project in Dublin TAGSBriery gapDancing at LughnasaThomond Community CollegeTransition Year Linkedin Thomond Community College to hold its annual Multicultural Day Print NewsLocal NewsLimerick Community College through to All Ireland Drama FinalBy Staff Reporter – February 23, 2018 1155 Thomond Community College Transition Year Drama Students.Thomond Community College’s transition year drama group have successfully qualified for the All Ireland Final of the Briery Gap drama festival 2018.The final will be held in Mullingar on the 3rd of March where the group will be showcasing their talents in a performance of Brien Friel’s Dancing at Lughnasa.The play centres around the five Mundy sisters (Kate, Maggie, Agnes, Rosie, and Christina), all unmarried, who live in a cottage outside of Ballybeg. All the drama takes place in the sisters’ cottage or in the yard just outside, with events from town and beyond being reported either as they happen or as reminiscence.Sign up for the weekly Limerick Post newsletter Sign Up The oldest, Kate played by Merit Admadasun, is a school teacher, the only one with a well-paid job. Agnes (Katie O’Connor) and Rose (Aisha Garba) knit gloves to be sold in town, thereby earning a little extra money for the household. They also help Maggie (Saoirse O’Sullivan) to keep house. Maggie and Christina (Temera Odhomor) have no income at all. Michael (Sadbh O’Riordan) is seven years old and plays in and around the cottage. All is quiet in the Mundy household until their uncle Father Jack (Tommy Kerrigan) arrives home from the missionaries in Uganda and Gerry Evans (Sage Kaya) seeks Christina’s hand in marriage.The play is directed by their teacher, Aidan O’Connell who said “It’s a pleasure to work with such a talented and enthusiastic group and I’m extremely proud of their achievement so far. The group is elated at their accomplishment and are rehearsing harder than ever in preparation for the final”More local news here. RELATED ARTICLESMORE FROM AUTHOR Limerick GAA stalwarts drive enthusiasm for Bus Éireann competition Email WhatsApp Advertisement Limerick event bridges gap between education and employment
Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Government, News, Secondary Market The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe Share Save Home / Daily Dose / Mortgage Industry Groups Provide Feedback on Universal Mortgage-Backed Security FHFA Lending UMBS 2020-01-23 Seth Welborn Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: The Industry Pulse: Updates on New Hires and Partnerships Next: Supreme Court Offers Ruling on Bankruptcy Appeals Case Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Mortgage Industry Groups Provide Feedback on Universal Mortgage-Backed Security 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. The Week Ahead: Nearing the Forbearance Exit 2 days ago Mortgage-related trade organizations have begun to weigh in on Uniform Mortgage-Backed Security (UMBS) pooling practices, responding to a Request for Input (RFI) released by the Federal Housing Finance Agency (FHFA). In order to function properly, Fannie Mae and Freddie Mac state that the UMBS will require alignment between the GSE’s pools in order to work properly, and to address this, the Federal Housing Finance Agency (FHFA) released a request for input on a proposal to further align Fannie and Freddie’s pooling practices.In a statement at the launch of UMBS, Renee Schultz, SVP, Capital Markets, Fannie Mae said, “We remain focused on ensuring that all market participants continue to make a smooth transition to UMBS and maintaining a highly liquid housing finance market.”In their RFI responses, the Mortgage Bankers Association and the American Bankers Association (ABA) pointed to the to-be-announced (TBA) market and the single-lender pools.In their letter to the FHFA, ABA indicated that what is currently proposed for the TBA market should be reconsidered. According to ABA, “the approaches detailed in the RFI will not result in enhanced liquidity in the TBA market, will diminish the specified pool and CMO markets, and will cause harm to virtually every market participant, leading to higher costs or reduced access to credit that will ultimately impact mortgage borrowers.”ABA’s focus on the TBA market is an opinion shared by other organizations. In an Urban Institute report authored in part by former FHFA Special Advisor Bob Ryan, Ryan discusses how UMBS’s impact on the to-be-announced (TBA) market will be key to the security’s success.“Ideally, by combining Fannie and Freddie’s securities, the UMBS will expand the TBA market’s liquidity, thereby improving pricing marketwide,” Urban’s report stated. “But that will happen only if the combined securities are fungible. A material divergence in the performance of Fannie and Freddie’s pools will lead investors to trade more and more in the specified and stipulated pool markets, reducing liquidity in the TBA market and thereby undermining pricing marketwide.”MBA, meanwhile notes that the RFI’s proposed pooling process changes are not immediately clear, calling for more justification for what the organization calls “a major restructuring of a large market that is critically important to the health of broader financial markets and the global economy.”“Before FHFA moves forward on any elements of this proposal, MBA believes the Agency must provide a more thorough explanation of the problem it is seeking to address and a more robust justification for the merits of this particular solution,” the MBA’s letter said.In each response, avoiding misalignment between the GSEs is a priority. For MBA, this means aligning prepayment rates that will not have a potentially negative effect on pooling options, market diversity, and product availability to borrowers. ABA’s focus on alignment is centered on the TBA market, urging the FHFA to avoid taking actions that reduce the variety and optionality for investors and lenders that exists today in the TBA market.The complete letter from the ABA can be found here. The MBA’s letter can be found here. January 23, 2020 1,863 Views Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: FHFA Lending UMBS About Author: Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Related Articles
Extra jobs have not been created in the UK’s struggling seaside towns despite the decision to holiday on home soil by millions of cash-strapped holidaymakers, new TUC figures have revealed. Some coastal resorts have seen their unemployment rate more than double over the past 12 months, shattering hopes that the rise of the so-called “staycation” would provide a much-needed boost for unemployed people in the areas, according to the Independent. The South has been the hardest hit by high unemployment rates, the TUC analysis showed. Bournemouth’s unemployment rate rose by 130% to 4% last month, up from 1.8% in July 2008. Unemployment in Weston-super-Mare rose by 122% on last year’s total. In the constituency of South Dorset, the number of people out of work shot up by 113%. In Southend, Clacton-on-Sea and Margate, unemployment rose by at least 70% since last summer. Brendan Barber, the general secretary of the TUC, said the report confirmed that any evidence of an economic recovery was “very shallow”. Comments are closed. Previous Article Next Article Unemployment rises in seaside towns despite increase in UK holidaysBy Helen Gilbert on 21 Aug 2009 in Personnel Today Related posts:No related photos.