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Trevor McDonald voices WaterAid’s first animated ad, & other celeb news

first_img Veteran newsreader Trevor McDonald is voicing WaterAid’s first animated ad, while other stars are supporting charities in a range of ways from running marathons, to becoming Patrons. Trevor McDonald voices WaterAid’s first animated ad, & other celeb news [youtube height=”450″width=”800″]https://www.youtube.com/watch?app=desktop&v=ZmiJeOFOyd4&feature=youtu.be[/youtube]Footballer Mason Mount becomes Together for Short Lives PatronTogether for Short Lives has announced Mason Mount, Chelsea and England midfielder, as its new charity Patron. Over the last year since Mason Mount first met Together for Short Lives, he has been working hard including supporting the charity’s Children Hospice Week campaign and raising funds by getting behind its Christmas Together Appeal. Mount has also made an appeal film after making a surprise zoom call to one of the families that Together for Short Lives supports, which left him shocked to discover how long the family had to wait to hear their son’s diagnosis, and how they were left feeling devastated and alone before finding help from Together for Short Lives. Tagged with: Celebrity [youtube height=”450″width=”800″]https://www.youtube.com/watch?v=lmBp2-t38Mw&feature=youtu.be[/youtube]Sir Trevor McDonald lends voice to WaterAid adWaterAid has created its first animated advert, The Girl Who Built A Rocket, which explores new ways to engage the public in the global water crisis and the importance of the charity’s mission. The film features the voice of Sir Trevor McDonald, and links with the real world timing of three Mars missions going into orbit. It tells the story of Fara, a little girl from Madagascar who dreams of being an astronaut. She attempts to fly from her home on the Great Red Island to the Red Planet in a homemade rocket in order to collect water for her family, after hearing a news report saying water has been found there. To help increase consideration for the charity, the advert does not have a donation ask but directs viewers to the WaterAid website and other online assets to find out more about the charity’s work.  273 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Advertisementcenter_img Jamie Peacock to run marathon for Greenhouse SportsJamie Peacock MBE, Rugby League legend, has announced he is running a unique ultra marathon around London to fundraise for sports and mentoring charity Greenhouse Sports on 5 March. The decision to independently run the 45 miles comes after the announcement that Green Man Ultra Marathon, which he was due to run, has been postponed as a result of Covid-19. Despite the disruption, Peacock is dedicated to completing his own ultra marathon and raising a target of £30,000, which will provide a full-time Greenhouse Sports Coach to a school for a whole year. Main image credit: WaterAid Author Samantha Howe joins POhWER as PatronAdvocacy charity POhWER kicked off 2021 by welcoming author and screenwriter Samantha Howe to its list of Patrons. Howe began her writing career in 2007. She has since written over 29 stories, 40 short novels and two screenplays. As well as supporting various charities and social movements, she is passionate about upholding and protecting the rights of individuals who either cannot speak for themselves, or struggle to have their voices heard. This led the charity’s Chief Executive Helen Moulinos to approach her to be a Patron for POhWER. Strictly & Coronation Street stars become Speed of Sight AmbassadorsActor and Strictly champion, Kelvin Fletcher, and Coronation Street actress, Kate Anthony have joined Speed Of Sight as ambassadors. The charity hosts driving experiences for children and adults of all ages with disabilities. Fletcher, an actor best known for playing Andy Sugden in Emmerdale for 20 years and winning Strictly Come Dancing in 2019, has also been racing since 2012 across various European and British championships. Fletcher and Anthony join the charity’s other ambassadors, including racing drivers Martin Plowman and Moh Ritson; TV motoring presenter, Vicki Butler-Henderson; automotive entrepreneur and former Chairman of Aston Martin, Andy Palmer; and the charity’s Patron, Gina Campbell. Melanie May | 22 February 2021 | News About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.last_img read more

Track and Field: Senior secures top national spot, conference record

first_imgMaya Bulgerhttps://www.tcu360.com/author/maya-bulger/ ReddIt printSenior Scotty Newton broke the TCU record, conference record and secured the top national spot in the triple jump at the Big 12 Championships this weekend in Ames, Iowa.Newton secured a first-place finish on his final attempt with a distance of 54 feet 6.75 inches in the men’s triple jump. He also placed third in the long jump, recording a distance of 26 feet 0.25 inches.Running EventsThe men’s 4×400-meter relay squad of sophomore Jostyn Andrews, sophomore Emmanuel Ogwo, senior Kevin McClanahan and sophomore Derrick Mokaleng took home gold, recording a time of 3:07.75.The men’s track and field team placed fourth with 74 points, the highest place the team has earned since joining the Big 12 Conference.“Anytime you finish top four in the Big 12, you had a good meet,” head coach Darryl Anderson said. “We just have to relish in what we accomplished this weekend and keep moving forward.”Andrews, Ogwo, McClanahan and Mokaleng also made additional appearances on the podium.In the 400-meter dash, Mokaleng took home silver with a time of 46.47 seconds and Ogwo placed sixth behind a time of 46.88. In the men’s 600-meter race, Andrews placed third with a time of 1:09.84 and McClanahan placed fourth behind a time of 1:10.06.Senior Emeilo Ferguson and senior Jalen Miller grabbed third and fourth in the men’s 60-meter dash with times of 6.70 and 6.75 seconds respectively. For the women, first-year sprinter Hope Glenn placed fifth behind a time of 7.51.First-year runner Renee Payne scored for the women’s squad in the 800-meter race with an eighth-place finish and a time of 2:21.70.Field EventsThe men’s weight throw squad of sophomore Isaiah Rogers, sophomore Ryan Camp and junior Justin Sanchez individually placed in the top ten. Rogers secured fourth place behind a distance of 63 feet 7.75 inches, Camp placed fifth with a distance of 62 feet 8.50 inches and Sanchez placed eighth behind a mark of 59 feet 1.50 inches.In the men’s shot put, Rogers placed sixth with a distance of 57 feet and five inches.In the jumps, first-year athlete Chengetayi Mapaya placed third in the men’s triple jump behind a distance of 52 feet 10.25 inches and junior Chyna Ries placed sixth in the women’s long jump, recording a mark of 19 feet 4.75 inches.“We have a pretty good team and hopefully in two weeks we can go to the national meet and really do some things,” Anderson said.Up NextThe Frogs will travel back to College Station, Texas to compete at the NCAA Indoor National Championship on Friday, March 16. Newton and the men’s 4×400 relay secure first-place finishes at the Big 12 Championships. + posts Early action option removed from admission process Maya Bulgerhttps://www.tcu360.com/author/maya-bulger/ Maya Bulgerhttps://www.tcu360.com/author/maya-bulger/ Another series win lands TCU Baseball in the top 5, earns Sikes conference award Maya Bulger Get to know the TCU admission counselors Facebook Maya Bulger is a junior at Texas Christian University from Detroit, Michigan. Maya is pursuing a major in journalism and a minor in business. In her spare time she loves to watch sports, workout, read, hike, travel and bake. Linkedin ReddIt Facebook Track and Field: Senior breaks another school record Twitter Twitter Maya Bulgerhttps://www.tcu360.com/author/maya-bulger/ Two teams added to ‘Meet The Frogs’ Previous articleHoroscope: February 26, 2018Next articleIn home opener baseball rebounds from game one loss with back-to-back wins against Long Beach State Maya Bulger RELATED ARTICLESMORE FROM AUTHOR TCU rowing program strengthens after facing COVID-19 setbacks Linkedin TCU baseball finds their biggest fan just by saying hellolast_img read more

CFP and Bowl Season Recap

first_imgJack Wallacehttps://www.tcu360.com/author/jack-wallace/ Facebook Jack Wallacehttps://www.tcu360.com/author/jack-wallace/ printJack and Noah host our college football recap special – covering the New Years’ 6 bowls, college football playoffs, national championship game, and our final takes on each conference and their highlight/lowlight teams. Follow us @blanketcoveragepodcast on Instagram and @BlanketCovPod on Twitter for more news and updates! Jack Wallace Previous articleWhat we’re reading: More than 2 million customers in Texas left without power, COVID-19 cases declineNext articleTCU extends use of campus recreation center as shelter for students Jack Wallace RELATED ARTICLESMORE FROM AUTHOR Linkedin Twitter ReddIt 2021 NFL Mock Draft (Part 1) Special TAGSBig 12college footballcollege football playoffsfootballjack wallacenoah parkerOhio State BuckeyesrecapspecialsportsTCUTCU FootballTCU Horned Frogs TCU News Now 4/28/2021 2020/21 NFL Exit Interviews – NFC East Linkedin Jack Wallacehttps://www.tcu360.com/author/jack-wallace/ Fort Worth’s first community fridge program helps serve vulnerable neighborhoods 2020/21 NFL Exit Interviews – NFC West + posts Jack is a junior journalism major and studio art minor from Atlanta, Georgia. He enjoys everything sports and co-runs the Blanket Coverage podcast as well as photographs for TCU360. 2020/21 NFL Exit Interviews – NFC West Facebook ReddIt Jack Wallacehttps://www.tcu360.com/author/jack-wallace/ Twitter 2021 NFL Mock Draft (Part 1) Special last_img read more

A year after Marlene Esperat’s murder, instigators still not arrested

first_img News PhilippinesAsia – Pacific to go further One year after the murder of investigative journalist Marlene Esperat in Tacurong, on the southern island of Mindanao, Reporters Without Borders today deplored the fact that, although the suspected perpetrators have been arrested, the instigators are still at large. Esperat wrote about corruption and embezzlement for the weekly Midland Review, and she had accused the local department of agriculture of irregular fertilizer purchases shortly before she was gunned down in front of her daughter and two sons on 24 March 2005.“The arrest of the suspected contract killers, including the alleged gunman, Jerry Cabayag, just a few weeks after Esperat’s murder raised hopes that it would be solved quickly,” Reporters Without Borders said. “But the case then ground to a halt, although it was transferred to a court in Cebu for the sake of the safety of the witnesses.”The press freedom organisation added: “We urge the authorities to do everything possible to arrest those who were behind this murder, and thereby honour the memory of an investigative journalist who said she was ready to die for the cause. We also call on the senate to conduct a thorough investigation into the fertilizer scandal she exposed, so that her fight against corruption will not have been in vain.”Esperat was dining at home with her children on the evening of 24 March 2005 when a gunman walked into the living room and shot her once, above the right eye, killing her instantly. She had been receiving police protection ever since a grenade attack on her home in 2003 but that evening she had exceptionally told her bodyguard he could stay at home and spend Easter with his family.One of the suspects, Randi Grecia, surrendered to the police on 8 April 2005. Three days later, the police arrested three other suspects, included the alleged shooter, Cabayag. All four have reportedly confessed to being paid 120,000 pesos (about 1,900 euros) to kill Esperat.Last November, the supreme court granted a request from the Esperat family and the Freedom Fund for Filipino Journalists for the case to be transferred from Tacurong, where Esperat lived and where the murder took place, to a court in the city of Cebu. In Tacurong, the judicial investigation had been exposed to pressure from Osmena Montaner, an agriculture department official who is suspected of being one of the instigators of the murder. In August, the court in Tacurong had refused to let charges be brought against Montaner and another agriculture department official, Estrella Sabay, on the grounds of insufficient evidence.Prior to her murder, Esperat had presented the results of her investigation into the alleged fertilizer scandal to the ombudsman, who in the Philippines has the power to prosecute corruption cases. Esperat knew she was in great danger and wrote in a letter to President Gloria Arroyo on 14 February 2005: “I am ready to die for this cause but you can never stop the will of the Lord.” News Receive email alerts News News Filipina journalist still held although court dismissed case eleven days ago June 1, 2021 Find out more Follow the news on Philippines May 3, 2021 Find out morecenter_img Mass international solidarity campaign launched in support of Maria Ressa Help by sharing this information Philippines: RSF and the #HoldTheLine Coalition welcome reprieve for Maria Ressa, demand all other charges and cases be dropped Organisation RSF_en Marlene Esperat of the weekly Midland Review was murdered in Tacurong, on the southern island of Mindanao, on 24 March 2005. One year later, those who instigated her murder are still at large. Reporters Without Borders calls on the authorities to identify and punish those responsible in order to honour the memory of an exceptional journalist who gave her life in the fight against corruption. March 22, 2006 – Updated on January 20, 2016 PhilippinesAsia – Pacific A year after Marlene Esperat’s murder, instigators still not arrested February 16, 2021 Find out morelast_img read more

Lindsey Thiry, Fox Sports Contributor, to Address Pasadena Quarterbacks

first_img 3 recommended0 commentsShareShareTweetSharePin it Subscribe Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS First Heatwave Expected Next Week More Cool Stuff Community News Sports Lindsey Thiry, Fox Sports Contributor, to Address Pasadena Quarterbacks Friday, October 2 Luncheon From STAFF REPORTS Published on Monday, September 28, 2015 | 12:11 am 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. Lindsey ThiryLindsey Thiry, Los Angeles Times blogger, and Fox Sports 1 contributor, will share her knowledge and perspective of the local college football scene to Quarterbacks, Friday, October 2, at Brookside Golf Club.She was previously affiliated with Scout.com, as a USC football reporter, and the Atlanta Falcons, as a team reporter.A native of Renton, Washington, Thiry is a graduate of the University of Washington, with a degree in Communications, and was a member of the 2005 NCAA national championship volleyball team.C. B. Richards, head football coach for the South Pasadena Tigers, will open the program. Quarterbacks donates to each high school football program whose coach speaks, and to the National Football Foundation.Next week’s speaker is Damon Huard, the Washington Husky chief administrator for football, and former Husky and NFL quarterback, having earned two Super Bowl rings.Pasadena Quarterbacks (pasadenaquarterbacks.org) has been huddling in the shadow of the Rose Bowl, at Brookside Golf Club’s Mediterranean Room, since 1945. Meeting during the collegiate football season, Quarterbacks offers their members and guests, over lunch on Fridays, an array of speakers from the sports world. Most are former coaches or players, but many are from the media.Quarterbacks huddle at 11:30 a.m., lunch is served at about noon. Speakers commence at about 12:20 p.m. Memberships are encouraged, $75 for the 12-luncheon schedule. Lunches are $25 for members and $30 for non-members. Fans can monitor a speaker for $5. For further information and reservations please contact Membership Director, Randy Boal, at (818) 790-2241 or Club President, Bill Payne, at (626) 252-9505 or [email protected] HerbeautyRed Meat Is Dangerous And Here Is The ProofHerbeautyHerbeautyHerbeautyNow She’s 19 – Look At Her Transformation! Incredible!HerbeautyHerbeautyHerbeauty6 Trends To Look Like An Eye-Candy And 6 To Forget AboutHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeautyA Dark Side Of Beauty Salons Not Many People Know AboutHerbeautyHerbeautycenter_img 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 Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Your email address will not be published. Required fields are marked * Business News Make a comment Top of the News Name (required)  Mail (required) (not be published)  Website  Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Northridge Earthquake Anniversary Prompts Reminders for Pasadena Residents

first_img More Cool Stuff Make a comment Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy This week marks the 23rd anniversary of the 1994 Northridge earthquake — the magnitude-6.7 shaker that caused widespread damage to freeways, office buildings and homes.The cost to rebuild or repair homes has increased by about 170 percent over the past two decades, and authorities estimate that if the Northridge quake occurred today residential damage in the area could be as high as $79 million.“As we commemorate the devastation from 23 years ago, we also need to listen to what is forecast for the future,” California Earthquake Authority (CEA) CEO Glenn Pomeroy said. “The U.S. Geological Survey says there is a 93 percent chance of a magnitude-7.0 earthquake occurring in California in the next 30 years—a massive quake that would be three times as strong as the Northridge catastrophe.“With major earthquakes occurring across the globe, there is a growing sense that our time is coming,” Pomeroy said. “Fortunately, a growing number of Californians are becoming financially prepared for the next big earthquake by taking out an earthquake insurance policy.”In 2016, CEA began offering more coverage choices and deductible options, and larger discounts for retrofitting older houses. Since it was established in 1996, CEA has lowered its rates by more than 55 percent. CEA grew by over 50,000 policyholders last year, a growth rate seven times higher than average over the previous 10 years.“More Californians are becoming aware of the earthquake risk we all face and are taking steps to become financially prepared,” Pomeroy said.Homeowners insurance does not cover damage caused by earthquake shaking. Without a separate earthquake insurance policy, Californians bear the cost to repair or replace alone.“The anniversary of the Northridge earthquake should remind us all that devastating earthquakes have happened in our beautiful state, and they will happen again,” Pomeroy said. “We don’t need to live in fear of the next big earthquake, or the expensive damage it will cause, but we do need to be prepared.”About CEAThe California Earthquake Authority (CEA) is a not-for-profit, privately funded, publicly managed organization that provides residential earthquake insurance and encourages Californians to reduce their risk of earthquake loss. Learn more at www.EarthquakeAuthority.com. Subscribe Name (required)  Mail (required) (not be published)  Website  Your email address will not be published. Required fields are marked * Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News HerbeautyThe Real Truth About The Pain Caused By MicrobladingHerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeautyTop Important Things You Never Knew About MicrobladingHerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeauty Business: Retail News Northridge Earthquake Anniversary Prompts Reminders for Pasadena Residents Costs to rebuild damaged houses are soaring—so is the value of earthquake insurance From STAFF REPORTS Published on Tuesday, January 17, 2017 | 11:21 amcenter_img Top of the News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Business News 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. 12 recommended0 commentsShareShareTweetSharePin it Community News First Heatwave Expected Next Week Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Illegal loan shark was claiming social welfare while making €150,000 profit

first_imgEmail Advertisement WhatsApp Twitter Facebook Printcenter_img NewsBreaking newsIllegal loan shark was claiming social welfare while making €150,000 profitBy admin – December 23, 2013 1083 Linkedin by Andrew CareySign up for the weekly Limerick Post newsletter Sign Up [email protected] LOAN shark, who made €150,000 from moneylending and boasted to Gardaí that he never failed to collect a debt, was found to be claiming social welfare.Ray McInerney (38) of Rhebogue Hill, Rhebogue, Limerick pleaded guilty to illegal moneylending on dates between the January 1, 2010 and July 9, 2012.Limerick Circuit Court heard that McInerney, who was unemployed and claiming benefit, had “little difficulty in making threats of a serious nature”.Judge Carroll Moran was told that he loaned one customer €20,000 and demanded that €26,000 be repaid. The loan was repaid after the man took out a €7,000 credit union loan to clear the debt and he thought that would be the end of the matter.However, McInerney threatened the customer’s son with a “barrage of calls and texts” and threatened to kill or seriously harm him on November 5, 2011. He also pleaded guilty to persistently telephoning the victim on 49 occasions over a three week period.State prosecutor John O’Sullivan said the calls were “sinister and disturbing.”Detective Garda Pauraic O’Dwyer of Roxboro Garda Station said McInerney’s motivation for the persistent harassment was to exert control over his borrowers. Over €400,000 passed through his bank account between March 2005 and February 2012 when he was unemployed.During a Garda interview, he said that he never failed to collect on a loan and made about €150,000 in profit.€10,000 was seized from a bank account by the Criminal Assets Bureau and a “tick list” was found in a urinal in an en-suite bathroom at his house.Defence counsel Brian McInerney said that during the course of his lending, Ray McInerney had over 40 satisfied clients. He now wished to apologise and express his “deep regrets” for his actions.Sentencing was adjourned until January 17 to allow the court consider the matter. Previous articleMinister takes on challenge of ending homelessnessNext articleHungarian grandmother admits running Limerick brothel adminlast_img read more

Weatherford opens technology super center to increase cross training

first_img Weatherford International logo Throughout history, the oil industry has experienced plenty of booms and busts.Mark Swift, the president of Weatherford’s Western Hemisphere, believes with the opening the company’s technology super center that it will eliminate extreme peaks and valleys.On Thursday morning, Weatherford hosted a ribbon cutting for the grand opening of its Oilfield Technology Super Center in Odessa.“For me, it’s about managing the ups and downs,” Swift said. “The bane of our industry is these cycles where we can’t find people and then we let good people go. When we have everyone in one facility, we can cross-train them.“If one part of your business is starting to taper off, you can take some of the people from that segment and put them with another part of your business that is still buoyant and busy.“I want to get away from these boom-and-bust cycles that the industry is in. It certainly applies to personnel.”Ellen Chin, Weatherford’s senior vice president and chief human resource officer, said the company has nine buildings at its location at 702 S. Faudree Road, but she explained there’s room to add seven more workshops.Weatherford had 743 employees in the Odessa office as of Thursday morning and Chin explained there were more than 80 jobs available that range from being in the field to administrative roles.The company operates in more than 80 countries with 700 locations, according to a Weatherford press release. Weatherford employs more than 26,500 people.Chin said the ability to have many employees under one roof allows for easier training.“The biggest opportunity that we have here is talent and being able to grow our talent,” Chin said. “Whatever product you are working on, your specialty here, you are working next to someone who had a different technology slant. To work next to each other, you can start cross training.”One employee that has risen up the ranks at Weatherford is Gabriel Urias from Odessa.He is currently in technical sales, but started eight years ago as a tool hand. He moved to field sales and then to his current position. Urias said the technology center will give Weatherford’s customers the opportunity to see the company’s services first hand before it comes out to their rig site.Urias said Weatherford provides equipment for West Virginia, California, New Mexico and South Texas. He estimates about 95 percent of the equipment that Weatherford works on stays in the Permian Basin.“Our job as a tool hand is the insurance for this equipment,” Urias said while explaining the company’s bucking systems. “If doesn’t work properly, it’s not the customer’s fault, it’s ours.” TAGS  By Digital AIM Web Support – February 24, 2021 WhatsApp Facebook Local NewsIn the Pipeline Pinterest Pinterestcenter_img Twitter Twitter WhatsApp Weatherford opens technology super center to increase cross training Facebook Previous articleOAT060819 Quarter Century 03Next articleMindful Tips from Mandy Moore for a Well-Balanced, Lively Summer Digital AIM Web Supportlast_img read more

Mortgage Industry Groups Provide Feedback on Universal Mortgage-Backed Security

first_img 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 Articleslast_img read more

Main Evening News, Sport, Nuacht and Obituaries Friday May 10th

first_imgAudioHomepage BannerNewsPlayback News, Sport and Obituaries on Monday May 24th Main Evening News, Sport, Nuacht and Obituaries Friday May 10th Previous articleCE Supervisors suspend strike actionNext articleDerry draw with Pats at the Brandywell – FT Report News Highland Twitter Google+ Journey home will be easier – Paul Hegarty Facebook Main Evening News, Sport, Nuacht and Obituaries Friday May 10th:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/05/10news.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Twitter Google+ WhatsAppcenter_img Harps come back to win in Waterford By News Highland – May 10, 2019 Facebook WhatsApp FT Report: Derry City 2 St Pats 2 Derry draw with Pats: Higgins & Thomson Reaction Pinterest Pinterest DL Debate – 24/05/21 RELATED ARTICLESMORE FROM AUTHORlast_img read more