BNest creates social impact with Limerick entrepreneurs

first_imgEmail Kasia Zabinska and BNest, Eamon Ryan, BNest Founder (centre back) with some of the participants from the 2017-18 BNest social enterprise incubator. Picture: Cian ReinhardtBNest, the first dedicated Social Enterprise Incubator Programme in Ireland held a free Ask&Advise evening at the Bank of Ireland Workbench space, O’Connell Street Limerick.The Ask&Advise evening allowed organisations with an aim of making a positive social impact to share advice, tips, and useful contacts with organisations and people making a social impact in our communities.Sign up for the weekly Limerick Post newsletter Sign Up Eamon Ryan, founder of BNest said, “Our idea was simple – gather together in one room those who work on making a positive social impact and anyone willing to help them and give them advice.“Events like Ask&Advise shows the power of people’s minds when they let themselves loose and share problems with other like-minded people. There is nothing more powerful.”Chris MM Gordon, Founder of the Irish Social Enterprise Network and Managing Partner of Collaboration Ireland was the host of the evening.Mr Gordon said the evening is beneficial for social enterprises who often find themselves “caught between two stools,” as they are trying to make profits selling products and services but are also trying to achieve the social aspect.BNest is an initiative created specifically to help social entrepreneurs nurture their start-ups, it aims to bridge the gap between achieving social impact and running a business, while also supporting its participants on their personal journeys.Applications for the 2018/2019 BNest annual six-month programme will open July 1, 2018. The programme teaches emerging social entrepreneurs how to get their new organisations off to the best start by focusing on key areas related to developing their enterprises, in terms of business, social and personal aspects. Previous articleWin cinema ticketsNext articleEVA tour and talk Cian Reinhardthttp://www.limerickpost.ieJournalist & Digital Media Coordinator. Covering human interest and social issues as well as creating digital content to accompany news stories. [email protected] Kasia Zabinska of BNest says, “We want BNest to be the go-to place for social impact businesses and Ask&Advise events help to increase connectively amongst them and anyone willing to help, because together we can achieve so much more!” adding, “What we’re doing here, is bringing people closer together. Every question asked received great, outside-of-the-box, practical suggestions, and so many useful contacts were shared.”While a third AskAdvise evening is being planned for the second half of the year, BNest encourages everyone interested in this space to attend their event, ‘Social Entrepreneurship – A Path For Me?” which will take place on Saturday, June 9 from 10am to 3pm at the Nexus Innovation Centre at University of Limerick. The event is a half-day interactive and practical workshop to give you insights into the reality of social impact business. It will let you explore the social enterprise space using actual stories of local businesses, non-profits, and community enterprises and help to understand a little more of the possibilities it might offer you. While the workshop is free, they are asking all participants to contribute €25 towards a local charity, Milford Hospice. For more info contact [email protected] the Limerick Post Business section for similar stories. WhatsApp Facebook Advertisement Ann & Steve Talk Stuff | Episode 29 | Levelling Up NewsBusinessBNest creates social impact with Limerick entrepreneursBy Cian Reinhardt – May 11, 2018 2139 Exercise With Oxygen Training at Ultimate Health Clinic Shannon Airport braced for a devastating blow RELATED ARTICLESMORE FROM AUTHOR Twitter Housing 37 Compulsory Purchase Orders issued as council takes action on derelict sites Linkedin TAGSBank of IrelandBNestbusinessCommunitysocialWorkbench Limerick businesses urged to accept Irish Business Design Challenge Print TechPost | Episode 9 | Pay with Google, WAZE – the new Google Maps? and Speak don’t Type! last_img read more

Ginnie Mae Issues $61B in MBS in June

first_img Demand Propels Home Prices Upward 2 days ago Share Save Chuck Green has contributed to the Wall Street Journal, Washington Post, Los Angeles Times, San Francisco Chronicle, Chicago Tribune and others covering various industries, including real estate, business and banking, technology, and sports. Servicers Navigate the Post-Pandemic World 2 days ago Ginnie Mae Issues $61B in MBS in June The 233,000 homeowners and renters could hardly be faulted for having their hands extended, lured by the $61.33 billion of mortgage-backed securities issued last month for them by Ginnie Mae, it announced today in a report.The issuance breaks out this way: it includes $58.22 billion of Ginnie Mae II MBS and $3.11 billion of Ginnie Mae I MBS, with multifamily housing earmarked for loans totaling $2.87 billion.Ginnie Mae’s total outstanding principal balance rose $2.07 trillion since June 2019.Last month, Ginnie Mae maintained its reign as the housing finance source relied upon by homeowners and renters, said Ginnie Mae Principal EVP Seth Appleton. Its helped more than 231,000 families secure safe and affordable housing, he continued.Appleton said MBS issuance topped $60 billion for the third consecutive month in June.The program “has the capacity and flexibility to align the capital needs of Issuers originating mortgages with investors around the world seeking high-quality assets, while minimizing risks to taxpayers,” he said.Earlier this month, Ginnie Mae announced a pair of temporary borrower relief options—the Federal Housing Administration’s (FHA) National Emergency Standalone Partial Claim and USDA’s Mortgage Recovery Advance. The goal was to `circumvent lingering doubts and ensure the rate of transactions, according to DS News.The pooling of restriction surrounding eligibility—while extending appropriate and integral buyout transactions, in place already—was implemented by Ginnie Mae to guarantee loan activity with borrowers and the interests of the MBS program.In April, Ginnie Mae set an all-time record, issuing $63.81 of its mortgage-based securities, doling out financing to more than 246,000 homeowners and renters, reported DS News.In May, almost $64 billion in securities, financing housing for more than 246,00 families, was generated by the Ginnie Mae MBS program, said Appleton.“Housing finance is a key component of the nation’s economic well-being. Ginnie Mae’s steadfast in its mission to ensure the safe and consistent flow of money to communities across the United States, while minimizing risks to taxpayers,” he said. About Author: Chuck Green in Daily Dose, Featured, Government, News Previous: Mark Calabria Applauds Decision to Review Secondary Mortgage Market Next: Pandemic’s Impact on JPMorgan, Wells Fargo Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Ginnie Mae Issues $61B in MBS in June The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img Subscribe Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago July 15, 2020 1,043 Views The Best Markets For Residential Property Investors 2 days ago Tagged with: Ginnie Mae Mortgage-Backed Securities Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Ginnie Mae Mortgage-Backed Securities 2020-07-15 Mike Albanese Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img