Munster are the new champions of Europe

first_imgSaturday May 24, 2008 Munster are the new champions of Europe Munster landed their second European title in three seasons to give rugby director Declan Kidney a dream send-off with a 16-13 win over Toulouse.Kidney, who becomes Ireland head coach later this summer, masterminded a memorable Millennium Stadium victory against three-time Heineken Cup winners Toulouse.It was hard graft for Munster during the early exchanges, but they gradually grew into the contest through their forwards’ collective effort.They were too streetwise when the pressure really came on, closing down the game in impressive fashion. It finishing with the men from Ireland in territorial control, as they were able to go through phase after phase and wind the clock down, making it virtually impossible for the French champions to peg them back, thus ending Toulouse’s hopes by staying in charge and confirming their place as European top dogs. Time: 08:52ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Related Articles 81 WEEKS AGO scottish prop saves fire victim 84 WEEKS AGO New Rugby X tournament insane 112 WEEKS AGO Vunipola stands by his comments supporting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living10 Types of Women You Should Never MarryNueey30+ Everyday Items with a Secret Hidden PurposeNueeyShe Was the Most Beautiful Girl in the World. What She Looks Like Now is InsaneNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel ADVERTISEMENT Trending 6 DAYS AGO HUGE controversy sees Borthwick call Pat Lam a liar during heated Prem clash 5 DAYS AGO Melbourne Rebels do their best to wreck Bryn Gatland 4 DAYS AGO Lam’s explanation of bizarre situation that caused heated touchline argument 5 DAYS AGO François Steyn’s ridiculous 60-metre drop goal which left commentators in hysterics 5 DAYS AGO The time Waisale Serevi used his iconic hitch-kick to carve up Scotland in 2000 Great Tries 5 DAYS AGO Eye-opening compilation shows why Taulupe Faletau could harm Springboks this Summer 5 DAYS AGO The time Waisale Serevi used his iconic hitch-kick to carve up Scotland in 2000 1 WEEK AGO Veainu finishes superb try after octopus style offload from Waisea 2 WEEKS AGO FULL MATCH REPLAY: Huge stars on show when All Blacks host Pacific Island XV in 2004 2 WEEKS AGO WATCH: Hooker produces ridiculous speed to score 60-metre wonder try for Hurricanes View All Big Hits & Dirty Play 1 DAY AGO Awesome new Etzebeth montage will have Springboks fans psyched for Summer Lions tour 5 DAYS AGO Melbourne Rebels do their best to wreck Bryn Gatland 5 DAYS AGO Eye-opening compilation shows why Taulupe Faletau could harm Springboks this Summer 5 DAYS AGO Re-live O’Driscoll’s EPIC try-saving tackle in 2003 RWC quarter-final 1 WEEK AGO AWESOME video shows the very biggest and best tackles of the 2020/21 season View All See It To Believe It 4 DAYS AGO Cheetah racer Habana reveals what was actually going through his mind that day 4 DAYS AGO Lam’s explanation of bizarre situation that caused heated touchline argument 5 DAYS AGO François Steyn’s ridiculous 60-metre drop goal which left commentators in hysterics 5 DAYS AGO Re-live O’Driscoll’s EPIC try-saving tackle in 2003 RWC quarter-final 6 DAYS AGO HUGE controversy sees Borthwick call Pat Lam a liar during heated Prem clash View All Funnies 2 WEEKS AGO Joe Marler elated in special interview as fans return to The Stoop 2 WEEKS AGO WATCH: One of the luckiest and most bizarre tries you will EVER see 2 WEEKS AGO WATCH: Reds players caught out in hilarious celebration blooper vs Chiefs 2 WEEKS AGO WATCH: Faz, Piutau and Burns star in hilarious try fail compilation 4 WEEKS AGO MLR: Giltinis howler sees try overruled despite attempts to celebrate View All Amateur 32 WEEKS AGO Viral video of Scottish club brawl goes down a storm with rugby community 69 WEEKS AGO RUGBYDUMP BLITZ: This Best of the Week round up is sure to entertain you 69 WEEKS AGO RD BLITZ – Disaster, just when it looked so promising… 69 WEEKS AGO That glorious moment that will live on forever, like it or not 69 WEEKS AGO RD Blitz – PROP’S Lionel Messi wizardy creates incredible try View All Player Features 16 WEEKS AGO WATCH: Bumping off tacklers and taking high balls, Rob Kearney had an impressive Super Rugby debut 21 WEEKS AGO Brian Moore on money in modern rugby and how it should never be compared to ‘outlier’ football 22 WEEKS AGO Tuisova’s wrecking ball montage will make you grateful you never made it as a pro 28 WEEKS AGO New Zealand rugby pod admit Owen Farrell is world class 29 WEEKS AGO WATCH: Bath prop launches Amazon documentary focused on those from non-traditional backgrounds View All Related Content from the RugbyPass Network ‘What you do today is how you’re going to be remembered’: Spirit of Rugby – Ep 5 In Spirit of Rugby episode 5, Jim Hamilton talks Lions with Matt Dawson, Jeremy Guscott, Rob Kearney, Simon Shaw, Tom Croft and John Bentley. Watch: Reforging the Steelers | Episode 2 | RugbyPass Original Documentary In Episode 2 of Reforging the Steelers, we follow the team through rounds two to four as they try to get their season on track after an opening loss to competition powerhouses Tasman. ‘I’d pent-up frustration, a lot I probably didn’t realise’: Marcus Watson’s emotional Wasps return Set to turn 30 later this month, Marcus Watson had an early birthday present last weekend when he finally made it back into the Wasps XV. Gavin Coombes grabs four tries as Munster easy to victory over Zebre Gavin Coombes scored four tries at Zebre as Munster secured second place in the northern section of the Guinness PRO14 Rainbow Cup. Leinster finish with Rainbow flourish as fans attend RDS for first time in 16 months Retiring duo Scott Fardy and Michael Bent bowed out on a winning note as Leinster finished the Rainbow Cup with a victory over Dragons. Final round of the Gallagher Premiership hit by a second match cancellation The final round of the Premiership lost the Worcester-Gloucester match on Tuesday and now Bristol versus London Irish is off. Munster are the new champions of Europe | RugbyDump – Rugby News & Videos RugbyDump Home RugbyDump Academy Store About Contact Legal Privacy Policy Cookie Policy Categories Latest Great Tries Big Hits & Dirty Play See It To Believe It Funnies Training Videos Player Features RugbyDump Home RugbyDump Academy Store About Contact Sitemap Categories Latest Great Tries Big Hits & Dirty Play See It To Believe It Funnies Training Videos Player Features Legal Privacy Policy Cookie Policy Sign In Username or Email Password Stay logged in Forgot password Thank you for registering Click here to login Register Register now for RugbyDump commenting & enewsletter. * Required fields. Username * Password * Email * Password Repeat * Please send me news, information and special offers from RugbyDump By clicking register you agree to our Privacy Policylast_img read more

England cricket team’s messages of support for the Lions

first_imgFriday Jun 21, 2013 England cricket team’s messages of support for the Lions The England cricket team’s hilarious messages of support for the British & Irish Lions. Featuring Graeme Swann, Jonathan Trott, Alastair Cook, Eoin Morgan & Jimmy Anderson.Thanks to the ECBADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error British & Irish Lions 2013 , Funnies Related Articles 235 WEEKS AGO Warren Gatland confirms British & Irish Lions… 399 WEEKS AGO Brian O’Driscoll’s incredible skill at training… 413 WEEKS AGO Montage of Amazing Lions Test series in Australia,… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyWrinkle Remedy Stuns TV Judges: Forget Surgery, Do This Once DailySmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items with a Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Student access to library depends on the entrance

first_img + posts East side Library security gates stay open for most of the day. Facebook Sara Colberthttps://www.tcu360.com/author/sara-colbert/ Twitter printStudents can’t enter the Mary Couts Burnett Library from the west side without swiping their ID at the security, but those coming in from the east side have open access until midnight.The east side security gates remain open most of the time because students who were studying on the west side and wanted to go to the café but forgot their IDs complained they couldn’t get back to their stuff, said Kerry Bouchard, director of library automated systems.She added the west side gates, which are at the University Drive entrance, are for security and always require a TCU ID.The gates on the east side, or near Rees-Jones Hall, are meant to prevent theft of library materials.After midnight, the east side security gates are closed for everyone, including those with TCU IDs, said June Koelker, dean of the library.The library has not had many problems with security in the past because a prevention approach is taken, Koelker said.“We want TCU students to feel safe and welcome to come to the library at all hours, she said. We recognize that security is very important and put in place both security gates and the services of a library guard.”Students say the security gates allow them to feel safer in the library.“If there was no security gates at all in the library I wouldn’t feel safe, particularly at night,” said William Younan, a senior economics major.  “TCU has a lot of neighboring communities, and a lot of non-TCU students would have access to our library.” Linkedin World Oceans Day shines spotlight on marine plastic pollution Sara Colberthttps://www.tcu360.com/author/sara-colbert/ Sara Colberthttps://www.tcu360.com/author/sara-colbert/ Paschal’s Future Business Leaders of America Club ready for Nationals Sara Colberthttps://www.tcu360.com/author/sara-colbert/ Women and gender studies event gets students talkingcenter_img Students react to the nutty squirrels on campus Linkedin Twitter Facebook Previous articleTCU’s Spectrum organization holds first ever LGBTQIA rallyNext articleA&J Podcast – March 7, 2017 Sara Colbert RELATED ARTICLESMORE FROM AUTHOR ReddIt ReddIt Welcome TCU Class of 2025 TCU places second in the National Student Advertising Competition, the highest in school history Sara Colbert Paschal High School traded trash for cash to raise money for the bandlast_img read more

Adel Abdel Mughni and Bassem Al-Janabi attacked

first_img Organisation Adel Abdel Mughni, a reporter for the UAE weekly Al-Shorouq, was attacked by government supporters on a Sanaa street after covering the sit-in in the capital’s Change Square. Bassem Al-Janabi of the Al-Masdar Online news website was covering a sit-in to demand President Saleh’s departure in Hodeidah province when government security agents and ruling party thugs armed attacked the demonstrators using knives and teargas. Janabi lost consciousness. March 16, 2011 – Updated on January 20, 2016 Adel Abdel Mughni and Bassem Al-Janabi attacked RSF_en center_img News Help by sharing this informationlast_img

Under Construction: Housing Finance Reform

first_img Demand Propels Home Prices Upward 2 days ago April 17, 2019 1,945 Views in Daily Dose, Featured, Government, News  Print This Post Related Articles Share Save Conservetorship Fannie Mae FHFA Freddie Mac 2019-04-17 David Wharton Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Tagged with: Conservetorship Fannie Mae FHFA Freddie Mac 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 The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: Fannie Mae Announces Reperforming Loan Sale Next: LRES Adds New CTO Demand Propels Home Prices Upward 2 days ago Under Construction: Housing Finance Reform Home / Daily Dose / Under Construction: Housing Finance Reform The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: David Wharton Subscribe From the moment the Federal Housing Finance Agency placed Fannie Mae and Freddie Mac into conservatorship in September 2008, the topic of GSE reform has been the subject of heated policy debates everywhere from inside the Capitol rotunda to around countless industry water coolers. Although it’s remained a popular hot topic in industry and government circles during the ensuing decade, questions of GSE reform—how to manage it, what needs to change, or whether it’s even necessary in the first place—have been seeing renewed prominence in the months since the November elections.The status quo, suggests Tim Rood, Chairman of the Collingwood Group, is not tenable. “The GSEs are in such a tenuous position, and therefore so is the housing market, because if you have another credit event—which you’re likely to have—the taxpayers are in a first-loss position.”Such a complex problem, which affects so many different facets of a complex industry, unsurprisingly lends itself to a multitude of possible solutions and viewpoints. In February 2019, Sen. Mike Crapo, Chairman of the Senate Banking Committee, introduced a five-point outline designed to help create a more sustainable housing finance system. His proposal included: private companies as guarantors for the timely repayment of principal and interest to investors of eligible mortgages that are securitized through a platform operated by Ginnie Mae changing the Federal Housing Finance Agency’s (FHFA’s) structure to run it as a bipartisan board of directors instead of a single director to charter, regulate, and supervise the guarantors utilizing Ginnie Mae to guarantee timely repayment of principal and interest on securities that receive credit enhancement from guarantors that are approved and regulated by the FHFA putting a cap on the percentage of all outstanding guaranteed eligible mortgages that a guarantor is permitted within a stipulated timeline as well as ensuring a timeline within which all guarantors are required to be fully capitalized after the enactment of the legislation replacing the current affordable housing goals and duty-to-serve requirements with a new Market Access Fund which will provide grants, loans, and credit enhancements to address the homeownership and rental housing needs of the underserved and low-income communities.In a statement at the time, Crapo said, “We must expeditiously fix our flawed housing finance system. My priorities are to establish stronger levels of taxpayer protection, preserve the 30-year fixed rate mortgage, increase competition among mortgage guarantors, and promote access to affordable housing.”Treasury Secretary Mnuchin supported the plan, saying, “Protecting American taxpayers by ensuring the safety and stability of the United States housing finance system is a priority for the Treasury Department. The outline for housing reform legislation released by Chairman Crapo is a productive first step toward that goal, and I applaud him for his efforts.”Crapo’s plan came only weeks after Politico reported that FHFA Acting Director Joseph Otting reportedly told staffers that the agency would be announcing plans to remove the GSEs from conservatorship soon. The White House swiftly walked those remarks back, with White House Spokeswoman Lindsay Walters releasing a statement that read, “The White House expects to announce a framework for the development of a policy for comprehensive housing finance reform shortly. At this time, no decisions have been made on any reform plan. As part of the process, however, the administration will work with Congress to formulate a plan that fully addresses the risks to taxpayers presented by the current housing finance system and that improves the ability of creditworthy Americans to buy a home.THE CASE FOR THE CURRENT SYSTEMUnsurprisingly, the topic again came up during the Congressional confirmation hearings for new FHFA Director Mark Calabria in February. When it comes to any potential GSE reforms, Calabria said that his role as Director of FHFA would be to “carry out the clear intent of Congress, not impose my own vision.”Just because GSE reform is a topic that inspires debate, that doesn’t mean it’s a given that broad reforms of the existing system are a universal desire among those who interact with or within that system.“The GSEs are doing a good job ensuring broad access to long-term fixed-rate lending while pushing off the lion’s share of the credit risk into the private market,” said Jim Parrott, Owner, Falling Creek Advisors and a Nonresident Fellow at the Urban Institute. However, Parrott points out that the current system still remains beholden to a privately owned ‘too big to fail’ duopoly, “which doesn’t pose a systemic risk only because they have been put into conservatorship.” He added, “We need to be clearer about the role we want private capital to play in the system and what role we want the government to play in the system—as right now the roles are utterly conflated.”Michael Bright, President and CEO, Structured Finance Industry Group, previously served as the EVP and COO of Ginnie Mae, where he worked to advance a “commitment to modernization.” He also threw his name into the GSE reform fray in September 2016, when Bright and former FHFA Acting Director Ed DeMarco co-authored a paper entitled “Toward a New Secondary Mortgage Market.” The paper proposed broad GSE reforms that would “end the conservatorships, reconstitute Fannie Mae and Freddie Mac as lender-owned mutuals, and build on the credit risk transfer (CRT) initiative to create a private market for mortgage credit risk while preserving a government-guaranteed rates market for mortgage-backed securities.” In addition, Bright and DeMarco proposed removing Ginnie Mae from the Department of Housing and Urban Development (HUD) and converting it into a standalone government corporation like FDIC, “with authority over its own budget, hiring, and compensation.”With the current subsidized system allowing Fannie and Freddie to issue debt at Treasury rates in order to buy delinquent loans out of pools, and with the Federal Reserve then buying most of the product they issue, Bright told DS News that the paramount strength of the current system is that it is very good at making mortgages cheap. However, that doesn’t mean it’s without its flaws.“It’d be nice to get to a place where these rates can be low, but not quite as subsidized, where the market can stand on its own two feet,” Bright said. “The idea of countercyclicality is supposed to be that when things are bad, the government steps in, and then when things are good, the government backs away.” However, Bright observed that Washington sometimes only follows part of that protocol. “When things are bad, the government steps in … and then the government stays in,” he joked. “We haven’t figured out that part of the cyclicality agenda yet, but we’ll see.”Collingwood’s Rood also credits the GSEs for leading in the field of technological innovations, “creating new tools to drive efficiencies, mitigate risk, and offload risk for lenders at a time where they would probably struggle to make those investments themselves.” He added that the GSEs are also doing this work “when they have no financial incentive to do so.”Rood added that both Fannie and Freddie are doing “a good, thoughtful job” of making the servicing of GSE loans less expensive and less risky. “They’re automating many of the claims-related activities, which generally carried a lot of tail risk because you could find yourself liable for bad claims at some point in the future.”10 YEARS OF CHANGEOf course, it would be a mistake to view the notion of housing finance reform as a binary—either a huge, all-encompassing reform bill is passed or it isn’t. As those DS News spoke to pointed out, that ignores all the ways that the system has course-corrected over the years since the crisis, in big ways and small.Rood said that the GSEs as they exist now are “far more prescriptive, and there are tools now available to servicers to help them with loss mitigation, foreclosure prevention, and default management. Most of those tools didn’t exist in the past, so it makes it all more predictable, more rote, and less risky. The tools the GSEs have put out there have helped manage the costs of servicing delinquent or defaulted borrowers.”“Since the companies were taken to conservatorship, Congress has performed a lot of oversight and a lot of big idea creation,” Bright said. “There hasn’t been some major big-bang legislative effort that’s passed into law. Congress has also played an oversight function, and has undone some things that the FHFA has done here and there, or encouraged the FHFA to do more. Meanwhile, the FHFA and the enterprises—who know the details of their business better than a member of Congress does, by definition—are experimenting within the system.” Bright posited that, while there hasn’t been a single large-scale piece of reform legislation passed, “eventually, a law will be signed that codifies many of these ideas.” Until then, housing finance reform will likely remain an evolutionary process.That more measured approach is one that has no shortage of supporters. In early March, several industry groups sent a letter to the FHFA urging it to take a cautious approach to reforms going forward, recommending that the agency leverage and build upon the current structures of the GSEs. The letter also urged that a commitment to facilitating more affordable housing remain paramount throughout the process.Addressed to FHFA Acting Director Joseph Otting, the letter stated, in part, that “any efforts to meaningfully change the GSEs’ market presence must be undertaken carefully, with vigilant monitoring and frequent recalibration (if necessary) to avoid disruptions to the flow of mortgage credit into the singlefamily and multifamily real estate markets. Efforts to reduce the GSEs’ footprint should not move forward unless there is compelling evidence that the private market is able to assume an expanded role.”A MOVE TOWARD CONSOLIDATIONOne major change on the near horizon, of course, is the impending launch of the GSEs’ universal mortgage-backed security. First announced in March 2018, the universal mortgage-backed security (UMBS) are set to launch on June 3, 2019. The common securities will replace the Enterprises’ current offerings of To-Be-Announced-eligible mortgage backed securities. The UMBS will be issued through the Enterprises’ joint venture, Common Securitization Solutions (CSS), using the Common Securitization Platform (CSP).At the time of the announcement, the FHFA explained that, after the June 2019 launch, CSP and CSS “will expand to include the administration of multi-class securities and commingled Enterprise UMBS and the production of UMBS disclosures.” CSS and CSP will thereafter begin performing bond administration functions for close to 900,000 securities backed by nearly 26 million loans.“The UMBS and CSP, that’s a bit of a rabbit hole,” Bright told DS News. “I think that the jury’s very much out on that. Continuing to evolve the GSEs’ role so that they’re not systemic holders of all those credit risks is important, but they need to have a more unified set of rules, technology, and architecture for managing the distribution of credit risk in an efficient manner.”“The development of the platform and credit-risk-transfer process are both critical building blocks for a system like the one I’ve described,” Parrott said. “Right now we’re overly dependent on the GSEs for both their assumption of credit risk and their management of the securitization infrastructure. In order to free the system from its dependence on a TBTF duopoly, you have to address both. The CRT helps address the credit-risk concentration and the CSP helps address our reliance on them for the securitization infrastructure. However, both need to be expanded for this transition to work. The CRT needs to be made more durable by attracting more institution-based capital into the deals, institutions that will be there even when the markets get choppy. The CSP needs to be expanded to allow others to use it, so it is a tool to reduce barriers to entry rather than yet another barrier to entry.”WHERE DO WE GO FROM HERE?Parrott recently wrote a piece for the Urban Institute’s Housing Finance Policy Center entitled “Clarifying the Choices in Housing Finance Reform.” In it, he walked readers through the history of the housing finance system prior to the conservatorships and provided a detailed examination of three prominent recent reform proposals:»» MBA Proposal: Suggests turning Freddie and Fannie into privately owned utilities “with regulated rates of return and opening them up to the threat of competition from newly chartered guarantors.”»» The “Promising Road” Proposal: Coauthored by Parrott, this plan would utilize a common securitization platform and combine Freddie and Fannie into “a single government corporation that issues government-backed securities, sells off all the non-catastrophic credit risk on those securities, and guarantees interest rate investors the timely payment of principal and interest on their investments.”»» Bright and DeMarco’s Proposal: Leverages and expands existing Ginnie Mae infrastructure to allow Ginnie Mae–approved issuers to get credit enhancement from private and government institutions, while also allowing Ginnie Mae to issue securities. Fannie and Freddie would “compete over the management of non-catastrophic credit risk.”All three of these plans share some common elements: a government corporation overseeing securitization and guaranty of MBS, while allowing for more competition and a larger role for the private market.Bright told DS News that his and DeMarco’s proposal to disaggregate the functions of issuer and guarantor was, on some level, intentionally provocative. Since Fannie and Freddie buy delinquent loans “in a subsidized way because they issue debt that trades basically flat to Treasury debt,” Bright explained that “no new company could ever come in and compete with that because they wouldn’t be able to replicate the funding cost of being the issuer.” If you disaggregate those functions, however, you could “open up a pathway to competition.”Speaking of why he and DeMarco determined that expanding Ginnie Mae’s role made the most sense, Bright said, “The Ginnie Mae security was a platform that had been able to onboard a variety of different types of issuers onto it, and it was globally accepted as a security. The name ‘Ginnie Mae’ is already written into investor guides all over the world.”Bright said that this viewpoint was only hammered home further during his time at Ginnie Mae. “Fannie, Freddie, the UMBS—whatever new security or new credit wrap Congress could create, there would inherently be a long process of going around and explaining it to central banks in China and Japan and Thailand and Dubai and everywhere, saying, ‘This is how this bond works.’ Whereas with Ginnie, it already has the name recognition, so that also means it has legal recognition.”Bright further explained that it can be difficult explaining the nuances of the American mortgage market even to policymakers in Washington, but “at least in America, we’re all used to 30-year fixed-rate pre-payable mortgages and stuff like that. In Europe and Asia, you might have to start that discussion more from the ground up.” Ginnie, however, is already a known quantity in those markets. Bright continued, “To try and rebuild all of that global awareness for a totally new bond seemed a bit silly and unnecessarily complex in our view.”Parrott also put Sen. Crapo’s proposed outline for housing finance reform under the microscope recently, examining the ins and outs in an Urban Institute paper entitled “How Chairman Crapo’s Outline for Housing Finance Reform Can Work.” Crapo’s plan would allow lenders to sell their loans to chartered guarantors, who would then issue securities through Ginnie Mae. Lenders could also securities themselves via Ginnie Mae, and could also sell their loans to a loan aggregator. Under this system, guarantors would issue insurance to cover the credit risk on the lenders’ pools.Although Parrott’s examination of the Crapo outline did spotlight several issues that still needed to be addressed, including how to integrate existing systems and “what capital and regulatory regime to impose on guarantors to ensure that they are protecting the taxpayers standing behind the system,” Parrott’s write-up nevertheless concluded that the proposal held “significant promise, making it a worthy place to renew the much delayed, but still badly needed, effort to overhaul the housing finance system.”For all the talk earlier this year of the White House trying to make a move on the GSE reform front, Rood told DS News that he doesn’t see any likely path forward outside of administrative reform, at least not in the foreseeable future. “Most legislation tends to get passed when one of two conditions are present,” Rood said. “Either 1) there’s an emergency and everybody has to rally together against an outside foe or event, or 2) they pass legislation when it doesn’t matter anymore. At that point, people are just tired of talking about it, so it’s less relevant and you’re more likely to see a bipartisan solution passed.”“To be honest, it’s FHFA with most of the power here,” Parrott said. “Anything Treasury or the White House wants to do, they can only do through an agreement with the regulator and conservator of the GSEs. The FHFA, on the other hand, can move unilaterally, imposing a new capital regime, changing pricing—and with it the amount of cross-subsidy the GSEs provide—the size and nature of their footprint, and so forth.”As for Bright, have the intervening years— and a stint at Ginnie Mae—altered his view on how best to proceed with these reforms?“I believe that if we want more than just two companies in this space, it’s going to be hard to get new entrance if they have to be issuer as well because they won’t have a funding advantage,” Bright said. “Some people don’t see it as a problem in the first place. That’s a different level of policy debate. We were basically saying, if you want competition, here’s one way that you probably can get it.”Bright joked that lenders and servicers may have occasionally had something of a “frenemy” relationship with the GSEs, but that further reforms could help put all the players on more equal footing.“It would be more of a pure B-to-B dynamic where you have an origination business and then you have a secondary market business,” Bright said. “Fannie and Freddie work hard to innovate for their customers, but they’ve inherently got a lot of weight on their side given the fact that they’re government chartered enterprises. If you’re going to have a system where it’s private actor interacting with private actor, there could be some advantages to having both aspects, both silos, be more pure businesses that are actually competing for each other’s products and innovation.” Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

88 new houses approved for Derry and Sion Mills

first_img WhatsApp Pinterest WhatsApp 88 new houses approved for Derry and Sion Mills Google+ Homepage BannerNews Facebook News, Sport and Obituaries on Monday May 24th DL Debate – 24/05/21 Pinterest Twitter Google+center_img By News Highland – February 6, 2020 Harps come back to win in Waterford Twitter RELATED ARTICLESMORE FROM AUTHOR Journey home will be easier – Paul Hegarty Previous articleJoyce makes two changes for Donegal gameNext articleDonegal deserves better mental health services – Mac Lochlainn News Highland Facebook Derry City and Strabane District Council have approved planning requests for a number of new housing developments in Sion Mills and Derry.A total of 88 new dwellings received planning approval, 15 at Melmount Road in Sion Mills, 24 on the Letterkenny Road at Ballymagowan, and 49 in the Waterside area of Derry.The buildings in Sion Mills will consist of a mixture of terraced houses and apartments at and around 127 Melmount Road.The dwellings in the Ballymagowan area will consist of a three storey apartment building consisting of 12 apartments, as well as 12 semi-detached houses, built on a vacant site at 8 Letterkenny Road.Meanwhile the 49 residential dwellings, as well as associated access and landscaping works in the Waterside area, are planned to be on the site of the former Ebrington Primary School. Important message for people attending LUH’s INR clinic Arranmore progress and potential flagged as population growslast_img read more

STAYING HEALTHY

first_img By The Penny Hoarder Plans underway for historic Pike County celebration STAYING HEALTHY Published 11:00 pm Monday, May 6, 2013 Book Nook to reopen Pike County Sheriff’s Office offering community child ID kits Email the author By Jaine Treadwell Latest Stories “It’s always a good thing to be re-checked,” she said. “It never hurts and you don’t know when you might see something that you don’t like. I really appreciate the City of Troy looking after us.”Catherine Jordan said that she, too, appreciates the opportunity to get “checked on.”“Life is filled with stress and I’ve been more stressed than usual and haven’t been sleeping all that well,” she said. “I just felt like my blood pressure was high.”However, Jordan’s blood pressure was just fine and she, laughingly, said that she’ll now sleep better because she took advantage of the opportunity to get her blood pressure checked. Skip You Might Like Celebrating life Carolyn Walker was surprised by friends and family who created a Relay for Life team in her honor Friday night…. read more Print Article “The Employee Health Fair is free to all city employees and it’s voluntary,” said Meredith McLendon. “It’s an opportunity get a variety of checks and to be made aware of result that needs to be followed up with a personal physician, as happened with one employee whose blood pressure was high.”Participating health care facilities were Behavioral Health, Gentiva Hospice, Family Eye Center, Pike County Health Department, Troy Regional Medical Center, Pike Internal Medicine and Anytime Fitness.“Diane LeVeque said that, although she has regular checkups with her physician, she participated in the Employee Health Fair to keep a check on her blood pressure and cholesterol. Sponsored Content Penny Hoarder Issues “Urgent” Alert: 6 Companies Are… Remember America’s heroes on Memorial Day Troy falls to No. 13 Clemson Catherine Jordan participated in the City of Troy’s 2013 Employee Health Fair at the Troy Recreation Center Monday. Jordan was concerned about her blood pressure, but the BP check put her mind at ease. Reyna Freeman, Troy Regional Home Health, performed the blood pressure check.Hundreds of city employees take part in annual health fairTroy Mayor Jason A. Reeves said that the City is dedicated to doing anything it can do to keep its employees healthy and well.That “anything” includes the City’s annual Employee Health Fair. The 2013 health fair was held Monday at the Troy Recreation Center and about half of the city’s 250 fulltime employees took advantage of the opportunity. “If I hadn’t come, I would have kept on worrying.” Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthTop 4 Methods to Get Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Athletes eager to compete in Special Olympics

first_img Plans underway for historic Pike County celebration Athletes eager to compete in Special Olympics Team Pike County members are Beth Bardling, Muhammed Blair, Marissa Brunje, Louis Chamber, Johnny Corley, Tysheen Eaddy, Heath Flemming, Sairah Garner, Emily Johnson, Brandon Rhodes, David Spivey, Hannah Stuckey, Ryan Taylor and Joey Welch. Team coaches are Shane Tatum, swimming, and Matt Qualls, Elizabeth LoCascio and Ethan and Kelley Thierfelder, track. Numerous volunteers serve as chaperones and athlete buddies throughout the weekend. Remember America’s heroes on Memorial Day The Closing Ceremony for the 2014 Special Olympics Alabama State Games will be at 8:30 Sunday morning at Sartain Hall.More than 1,000 Special Olympians are expected to participate in the state Games. Troy falls to No. 13 Clemson Skip Sponsored Content Pike County Sheriff’s Office offering community child ID kits “The Special Olympics is more about the fun of competition than about winning,” Welch said. “The Special Olympics is an opportunity for these athletes to build friendships and to compete on a level playing field. They compete against those with the same abilities and to have fun. They try their best but winning is not all that important. It’s the fun of competing.”The Opening Ceremony for the 2014 Special Olympics Alabama State Games is at 7 p.m. Friday at Trojan Arena. The Olympic events will get underway at 9 a.m. Saturday at different venues on the university campus and around the city.“The Olympic Village will be available as a place of relaxation for the parents and families of the Olympians,” Welch said. “The Victory Dance at Sartain Hall on Saturday night will be a time of celebration for the special Olympians, their coaches and their chaperones. They all look forward to the Victory Dance and they will have a great time.” Email the author The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Published 6:38 pm Tuesday, May 13, 2014 Book Nook to reopen Latest Stories By Jaine Treadwell Fifteen members of Team Pike County will compete in the Special Olympics Alabama State Games at Troy University this weekend.The athletes from Pike County will compete in various track and field events and swimming.Meredith Welch, who heads the Pike County delegation with her husband, Linn, said Team Pike County is excited to be competing in the state Games and looking forward to the entire Olympic experience. By The Penny Hoarder You Might Like Jailer charged with trafficking drugs Pike County Sheriff Russell Thomas and Butler County Sheriff Kenny Harden held a press conference early Tuesday to release details… read more Print Article Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthGet Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Ambassadors show will benefit PRCAC

first_img Published 3:00 am Saturday, February 11, 2017 Book Nook to reopen Email the author Latest Stories Teresa Kidd, ECMH community outreach coordinator, said the Harlem Ambassadors will visit with grades eight and below and share the message of the Bully Proof program, which is “Stay in School; Stay Off Drugs; Don’t Be a Bully.”Students look up to athletes and are greatly influenced by what they say, Kidd said.“The Harlem Ambassadors will demonstrate their basketball skills and also encourage the kids to stay in school, to stay focused on their educations, to set goals, to be good listeners and avoid negative peer pressure and influences and not to be a bully,” Kidd said. “And, we believe the kids will hear their message.” By The Penny Hoarder Ambassadors show will benefit PRCAC Plans underway for historic Pike County celebration Remember America’s heroes on Memorial Day Around the WebIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthBet You’re Pretty Curious About Jaden’s Net Worth Right About Now, HuhBradofoThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel The Pike Regional Child Advocacy Center will present the Harlem Ambassadors, globe traveling, comedy basketball show Thursday, February 16 at 7 p.m. at Sartain Hall on the campus of Troy University. The Harlem Ambassadors will be challenged on the court by The Pike CAC Warriors, a team of local amateur basketball stars that are determined to take the game to the professionals. Advance tickets for the Harlem Ambassadors vs. The Pike CAC Warriors are $8 for students and seniors and $10 for adults. Tickets at the door are $10 for students and seniors and $12 for adults. Children ages four and under are admitted free. Advance tickets are available at the Pike CAC at 118 West Orange Street in Troy, at local schools and online at pikeregionalcac.com.Camille Downing, Pike CAC executive director, said the Harlem Ambassadors is a co-ed team whose members hold college degrees and are drug free.“The team players are outstanding role models for today’s youth,” Downing said. “They are also outstanding basketball players and fun to watch.” The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Print Article Troy falls to No. 13 Clemson You Might Like Sessions, Strange earn support Less than a day after Sen. Jeff Sessions, R-Ala., was confirmed as Attorney General of the United States, Gov. Robert… read more Pike County Sheriff’s Office offering community child ID kits The Pike CAC Warriors will be coached by Carl Hollis. The team will be made up of former Charles Henderson High School alumni joined by others including OCAP’s Timothy Kemp and Greg Lee, who is involved with OCAP’s Fatherhood Program. Brundidge Mayor Isabell Boyd will go coast-to-coast for the home team. Downing said the mayor should have fans in the stands.“The Harlem Ambassador vs. The Pike CAC Warriors basketball game will be a fundraiser for the Pike Regional Child Advocacy Center.“The funds raised will be use for ongoing intervention programs in our local schools,” Downing said. “We will greatly appreciate the support for this fund and fun-raiser.”East Central Mental Health in Troy and the Troy University Counseling Department have made arrangements for the Harlem Ambassadors to take the game to the city and county schools as a part of its school Bully Proof program. Sponsored Content By Jaine Treadwelllast_img read more

Police in gun control study

first_img Previous Article Next Article Leggettbased her research on an approach called attribution theory, which looks atwhat people attribute as being the cause of certain events. In theinteractive tests, the officers had to react to different scenarios involvingcriminals and members of the public. They had to decide when to shoot laserguns at filmed images, which included bank robbers. Police in gun control studyOn 24 Apr 2001 in Police, Personnel Today Comments are closed. They thenanswered a questionnaire, which asked how they could explain the negative andpositive events that had happened in the tests. Theresearch results showed that people who think they are in control of asituation are less likely to react with an extreme or negative response.center_img Leggettsaid, “If officers see themselves as being in control they are likely toperform better.” GwentPolice are interested in continuing the research, which Leggett believes couldbe used by police forces to identify which officers are suitable for firearms. JaniceLeggett, a forensic clinical psychologist for Bath and North East SomersetPrimary Care Trust, analysed how 54 Gwent police officers, who were being trainedin the use of firearms, reacted in conflict situations. The way policeforces select officers for firearms duty could be transformed as a result ofnew research. Related posts:No related photos.last_img read more