24Aug/21

Spanish consumer rights body calls for credit card gambling ban

first_img Email Address Regions: Europe Southern Europe Spain Spanish consumer rights body calls for credit card gambling ban Tags: Online Gambling Payments Spanish independent consumer rights body FACUA-Consumidores en Acción has asked the country’s Minister of Consumer Affairs, Alberto Garzon, to introduce a ban on the use of credit cards for gambling. Subscribe to the iGaming newsletter Topics: Finance Sports betting Spanish independent consumer rights body FACUA-Consumidores en Acción has asked the country’s Minister of Consumer Affairs, Alberto Garzon, to introduce a ban on the use of credit cards for gambling.The group said that it felt the restrictions proposed by Spain’s Podemos-PSOE coalition on 2 January were a positive step, but urged the government to go even further.FACUA said that the proposed restriction would help consumers avoid falling into debt by betting with money they do not have.“This measure would help to fight against gambling, a scourge that in recent years has continued to increase, especially in vulnerable groups such as youth and adolescents, as associations of rehabilitated players and studies in this field have confirmed,” FACUA added.The request follows the GB Gambling Commission’s decision on earlier this week (14 January) to ban the use of credit cards in all online and land-based gambling except non-remote lotteries, following a public consultation on the issue. FACUA praised the British ban and said it hoped Spain would follow suit.“The association asks the government to follow the example of the United Kingdom, which has just approved this measure of protection for the most vulnerable people, that aims to minimise risks to consumers by preventing them from accumulating debts due to gambling, making it the only country in our region that restricts the use of credit cards in this industry,” FACUA said.The Spanish government coalition has put forward a six-point plan for tightening gambling regulations , including working with regions to prevent gambling establishments from opening before 10pm and limiting their proximity to schools.The plans also include regulating gambling with restrictions similar to those eforced on the tobacco industry. Since 2005, tobacco products in Spain may only be advertised at the point of sale and in non-EU-produced publications intended for non-EU audiences.Last week (10 January), the European Gaming and Betting Association (EGBA) has expressed skepticism towards the government’s plans.EGBA said that while it welcomes “measures which genuinely strengthen consumer protection,” it believes that the measures put in place – particularly severe advertising restrictions – would merely push players to unlicensed operators. Finance 15th January 2020 | By Daniel O’Boyle AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

12Jul/21

MRS OIL Nigeria Plc (MRS.ng) 2018 Annual Report

first_imgMRS OIL Nigeria Plc (MRS.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2018 annual report.For more information about MRS OIL Nigeria Plc (MRS.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the MRS OIL Nigeria Plc (MRS.ng) company page on AfricanFinancials.Document: MRS OIL Nigeria Plc (MRS.ng)  2018 annual report.Company Profile>MRS Oil Nigeria Plc markets and distributes a range of refined petroleum products and lubricants in Nigeria for the automotive, industrial and aviation sectors. Fuel products include petroleum motor spirit, automotive gas oil, dual purpose kerosene, aviation kerosene, low-pour fuel oil. The company also sells a range of high-quality lubricants for petrol and diesel engines as well as greases which are manufactured and distributed out of a state-of-the-art proprietary blending facility located at Apapa. The Aviation division sells aviation turbine kerosene. MRS Oil Nigeria Plc operates through 138 company-owned retail outlets and about 255 third-party-owned outlets. Formerly known as Chevron Oil Nigeria Plc, the company changed its name to MRS Oil Nigeria in 2009. MRS Oil Nigeria Plc is a subsidiary of MRS Africa Holdings Limited. The company’s head office is in Lagos, Nigeria. MRS Oil Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

17Jun/21

HouseT / Hiroyuki Shinozaki Architects

first_img “COPY” Houses CopyHouses•Tokyo, Japan Japan Year:  Save this picture!© Hiroyasu Sakaguchi+ 18 Share HouseT / Hiroyuki Shinozaki ArchitectsSave this projectSaveHouseT / Hiroyuki Shinozaki Architects HouseT / Hiroyuki Shinozaki Architects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/262143/houset-hiroyuki-shinozaki-architects Clipboard Photographs Area:  75 m² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/262143/houset-hiroyuki-shinozaki-architects Clipboard Photographs:  Hiroyasu SakaguchiText description provided by the architects. It is a residence and atelier for a couple in the center of Tokyo.Save this picture!© Hiroyasu SakaguchiRecommended ProductsWindowsLibartVertical Retracting Doors & WindowsWindowspanoramah!®ah!38 – FlexibilityWindowsFAKRORoof Windows – FPP-V preSelect MAXWindowsSolarluxSliding Window – CeroFloor like bookshelf plates are placed at the different level in the shifted box. Furniture is put on the each floor to create living room, dining room, kitchen and bedroom. Each plate-like-floors are only hooked by columns which are three-dimensionally intersected at the middle of the box and this simple structure gives latitude for space composition.Save this picture!© Hiroyasu SakaguchiIn massive volume of the box, each different activity of daily living is took place at each floor with open view. Lightings hung from top of the box till the each floors to illuminate them such as a floating stage.  A small residence like big furniture showcases the living on the stage. Save this picture!© Hiroyasu SakaguchiProject gallerySee allShow lessNursery – Council of Europe / ART & BUILD ARCHITECTArticlesFrance Ministry of Defense / ANMAArticles Share ArchDaily Architects: Hiroyuki Shinozaki Architects Area Area of this architecture project CopyAbout this officeHiroyuki Shinozaki ArchitectsOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesDabasWoodHousesTokyo3D ModelingJapanPublished on August 16, 2012Cite: “HouseT / Hiroyuki Shinozaki Architects” 16 Aug 2012. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogShowershansgroheShower MixersVinyl Walls3MVinyl Finish – DI-NOC™ Abrasion ResistantPartitionsSkyfoldIntegrating Operable Walls in a SpaceLightsVibiaLamps – NorthCultural / PatrimonialIsland Exterior FabricatorsSeptember 11th Memorial Museum Envelope SystemSkylightsVELUX CommercialAtrium Longlight, DZNE GermanyHanging LampsLouis PoulsenLamp – PH ArtichokeTiles / Mosaic / GresiteHisbalitMosaic Tiles – TexturasAcousticMetawellAluminum Panels – Acoustic SailsMineral / Organic PaintsKEIMTiO2-free Mineral Paint – Soldalit®-ArteWall / Ceiling LightsA-LightWall Grazer Concealed LightsDoorsBuster and PunchDoor Hardware – Pull BarMore products »Read commentsSave想阅读文章的中文版本吗?T 住宅 / Hiroyuki Shinozaki Architects是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream 2012 “COPY” Projectslast_img read more

17Jun/21

81 Trans-(parent) House / TOUCH Architect

first_img Area:  520 m² Year Completion year of this architecture project “COPY” ArchDaily Photographs 81 Trans-(parent) House / TOUCH Architect Lead Architects: Save this picture!© Chalermwat Wongchompoo+ 30Curated by Hana Abdel Share 81 Trans-(parent) House / TOUCH ArchitectSave this projectSave81 Trans-(parent) House / TOUCH Architect Architects: TOUCH Architect Area Area of this architecture project CopyAbout this officeTOUCH ArchitectOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesBangkokOn Facebookแขวง บางระมาดThailandPublished on March 19, 2021Cite: “81 Trans-(parent) House / TOUCH Architect” 18 Mar 2021. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodGRP Siding Façade SystemGlassMitrexSolar GreenhouseMetal PanelsAurubisMill Finished Copper: Nordic StandardMetallicsHAVER & BOECKERArchitectural Wire Mesh – MULTI-BARRETTE 8130Enclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsSealantsEffisusGutter Repair – TiteGutter3Aluminium CompositesSculptformAluminium Click-on BattensTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea PrestigeMetallicsRHEINZINKZinc Roof Systems – Click Roll CapsTiles / Mosaic / GresiteTerrealTerracotta Cladding TileDoorsECLISSESliding Pocket Door – ECLISSE UnilateralWindowsJoskoWindows and Sliding Doors – ONE SeriesMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Year:  Design Team:Pitchaya Tiyapitsanupaisan, Supanan TangsajjanuraksaClients:Thakorn + Narisa SathidrukwongCivil Engineering:Chittinat WongmaneeprateepArchitects:TOUCH ArchitectCity:แขวง บางระมาดCountry:ThailandMore SpecsLess SpecsSave this picture!© Chalermwat WongchompooRecommended ProductsHeatingFocusFireplaces – AgorafocusEquipmentSaliceWaste Bin Systems – Pull-Out UnitsDoorsSky-FrameInsulated Sliding Doors – Sky-Frame ArcDoorsAir-LuxPivoting DoorText description provided by the architects. A square shape of land plot at The Blisz Village which allocated land for sale only for ten units, is the site location of this project. The site surrounding is encompassed by all single detached house with a lot of trees and peaceful atmosphere.Save this picture!© Chalermwat WongchompooSave this picture!Ground Floor PlanSave this picture!© Chalermwat WongchompooThe owners of this land, Best and Oil, a business entrepreneur and a doctor, desired to develop this land into their own home because of planning to have kids in the near future. For their both lifestyles, socialising with friends within living space, whilst those space is close to nature without high maintenance is the main purposes of this house.Save this picture!© Chalermwat WongchompooSave this picture!SectionSave this picture!© Chalermwat WongchompooIn order to meet the requirements, the shape of this house initiated from push and pull a solid square box to create green space area at the center of the house which can be seen and accessed from every space of the house, which are entrance foyer, living area, dining area, downstairs bedroom, and ‘stairs fitness’ at the 1st floor. Moreover, an upstairs outdoor terrace which is also connected with center courtyard is provided for private couple relaxing, and partying with close friends. Some of the areas are covered by wooden trellis in order to create more privacy and act as a shading device in West side.Save this picture!© Chalermwat WongchompooSave this picture!DiagramThe overall house with a TRANSITION or go-through space is like a TRANSPARENT area which can be seen and accessed from every single space while still keep privacy from neighbourhood.Save this picture!© Chalermwat WongchompooProject gallerySee allShow lessFTE Office Building / Plan ArchitectSelected ProjectsOkkio Caffe / Red5studioSelected Projects Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/958772/81-trans-parent-house-touch-architect Clipboard 2021 Photographs:  Chalermwat Wongchompoo Manufacturers Brands with products used in this architecture project “COPY” Manufacturers: Alumet, COTTO, Lamitak, Tree Concept, Fórmica, SCG Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/958772/81-trans-parent-house-touch-architect Clipboard Houses Setthakarn Yangderm, Parpis Leelaniramol Thailand CopyHouses•แขวง บางระมาด, Thailandlast_img read more

12Jun/21

Student fined for mocking politicians online

first_img Reporters Without Borders today criticised a South Korean court for fininga student, Shin Sang-min, 1.5 million won (1,000 euros) on 22 July forposting cartoons of national political figures online in violation of theelectoral law, the country’s first such punishment of an Internet user. The Korea Times said he planned to appeal against the conviction.The worldwide press freedom organisation said that “making fun ofpoliticians on the Internet cannot be considered a punishable offence.”_________________________________________________________________________29.03.04Second Internet user charged with breaking electoral lawAnother student, Shin Sang-min, was arrested on 23 March on the order of the National Election Commission. Like Kwon, he was released the next day but was charged with breaking the electoral law by distributing cartoons of South Korean politicians online. He and Kwon face a fine.They are being prosecuted under an 18 March decree stipulating that electoral law provisions concerning the news media should also apply to the Internet. The electoral law bans the media from modifying or hiding a fact or from inventing or circulating false information about a political party or candidate during an election campaign. It also bans the publication of opinion polls of voters’ intentions.________________________________________________________Reporters Without Borders voiced shock today at the arrest and subsequent charging of Kwon, on 23 march, for doing no more than circulate pictures lampooning opposition politicians on the Internet. Kwon, a 21-year-old student, is accused of posting more than 70 of these pictures on 15 sites during an election campaign.The organisation said it condemned the application of the electoral law to Internet users who distribute this kind of picture file to personal websites and discussion forums. The prosecution of this student clearly constitutes a violation of free expression on the Internet, it said, especially as the law says the election campaign does not start until two weeks before the elections, namely, on 1 April.The National Election Commission (NEC) has had a lot more power over the Internet since the electoral law was amended. The law now forces Internet Service Providers to hand over the names and addresses of users who are suspected by the authorities. Follow the news on South Korea When the law was amended on 18 March, the NEC said it was going to prosecute all Internet users who distribute messages that are offensive to politicians during an election campaign. It also said it would close down websites displaying this kind of content. But at the same time, President Roh Moo-hyun’s removal and the calling of elections for April have triggered a wave of political debate on the Internet.The police said that Kwon, who has since been released, was charged with “disseminating false information”. They said he had “violated the electoral law by posting pictures on websites other than his personal page, and by letting other Internet users download them”. The posted files included a parody of a video game in which the losing team was replaced by members of the main opposition party and a cartoon strip showing the party leader as having no fixed abode after losing the elections (picture).Many South Korean Internet users are very critical of the NEC’s new powers. Choi Nae-hyun of the website Mediamob said: “Charging Internet users… is nothing less then an attack on the people’s right to participate freely in politics”. South KoreaAsia – Pacific Help by sharing this information News Receive email alerts July 23, 2004 – Updated on January 20, 2016 Student fined for mocking politicians online RSF_en August 18, 2020 Find out more A student, Shin Sang-min, was fined 1.5 million won (1,000 euros) on 22July for posting cartoons of national politicians on the Internet inviolation of the electoral law. Reporters Without Borders deplores thispunishment. Organisation center_img South KoreaAsia – Pacific News On eve of the G20 Riyadh summit, RSF calls for public support to secure the release of jailed journalists in Saudi Arabia November 19, 2020 Find out more November 11, 2020 Find out more Forum on Information and Democracy 250 recommendations on how to stop “infodemics” News News to go further RSF calls for the release of South Korean journalist jailed for defamationlast_img read more

12Jun/21

Joy at release of hostages Florence Aubenas and Hussein Hanoun

first_img IraqMiddle East – North Africa June 12, 2005 – Updated on January 20, 2016 Joy at release of hostages Florence Aubenas and Hussein Hanoun Reporters Without Borders today voiced “enormous relief and immense joy” at the release of French journalist Florence Aubenas and her Iraqi interpreter and guide, Hussein Hanoun, after 157 days as hostages in Iraq.”We felt we were on the home straight for the past few days, but we wanted to be prudent, especially as experience has shown that each hostage-taking is different,” the press freedom organisation said.”Their release is proof that a solidarity campaign is worthwhile and we thank all those who have given their unfailing support throughout this long wait, especially the Support Committee and the staff of Florence’s newspaper, Libération,” the organisation said.Reporters Without Borders continued: “We are especially happy to learn that Florence and Hussein are in good health and will be able to join their families soon. We think at this moment in particular of Benoît and Jacqueline, Florence’s parents, who have displayed extraordinary courage throughout this terrible ordeal.”The organisation added: “We hope that we are going to experience a period of relative calm in Iraq and that journalists will be able to work in better conditions there.”Aubenas, who was freed yesterday afternoon, was due to arrive this evening in Paris aboard a plane chartered by the French government. Hanoun has already rejoined his family in Baghdad. The two went missing after leaving their Baghdad hotel on the morning of 5 January.Reporters Without Borders will join a spontaneous rally at 8 p.m. today at Place de la Republique in Paris.The organisation points out that there is still no news of French cameraman Fred Nérac, who went missing in southern Iraq on 22 March 2003 while working for the British TV news company ITN. Receive email alerts RSF_en Reporters Without Borders voices “enormous relief” at the release of Florence Aubenas and Hussein Hanoun after 157 days as hostages in Iraq and says their release is proof that the campaign was worthwhile. The organisation thanks all those who gave their unfailing support throughout the long wait. News IraqMiddle East – North Africa RSF’s 2020 Round-up: 50 journalists killed, two-thirds in countries “at peace” Help by sharing this information Organisation News News February 15, 2021 Find out more December 16, 2020 Find out more News Iraq : Wave of arrests of journalists covering protests in Iraqi Kurdistan Three jailed reporters charged with “undermining national security” December 28, 2020 Find out more to go further Follow the news on Iraqlast_img read more

12Jun/21

Pasadena Sees Over 1,000 U.S. Citizens Sworn In at Convention Center

first_img faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Herbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeautyAmazing Sparks Of On-Screen Chemistry From The 90-sHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeautyWomen Love These Great Tips To Making Your Teeth Look WhiterHerbeautyHerbeautyHerbeauty10 Sweet Things You Should Tell Your Boyfriend ASAPHerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeauty Over 2,000 new American citizens took their oath of allegiance Wednesday, June 20, at the Pasadena Convention Center.The new U.S. citizens came from 95 countries who stood, raised their right hands, and took the oath during two sessions Wednesday – one at 9 a.m. and a second session at 1:30 p.m., each with about 1,000 applicants schedule to take their oaths.The new citizens later watched a video message from President Donald Trump.Family members waited outside waving U.S. flags as the naturalization ceremony took place inside the Convention Center.A number of the new citizens have been serving with the various branches of the U.S. military.The oath-taking ceremony in Pasadena, as well as in other Los Angeles County locations, was presided over by the U.S. District Court for the Central District of California.Some of the countries where most of the new citizens came from include Vietnam, El Salvador, China, the Philippines, and Mexico. Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Your email address will not be published. Required fields are marked * Name (required)  Mail (required) (not be published)  Website  Subscribe Top of the News Business News Make a comment First Heatwave Expected Next Week center_img 3 recommendedShareShareTweetSharePin it More Cool Stuff EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News Pasadena Sees Over 1,000 U.S. Citizens Sworn In at Convention Center From STAFF REPORTS Published on Thursday, June 21, 2018 | 4:36 pm Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Community 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.last_img read more

31May/21

What the Departure of Wells Fargos’ Top Execs Means

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago changes people Top Management Wells Fargo 2018-10-25 Radhika Ojha Home / Daily Dose / What the Departure of Wells Fargos’ Top Execs Means Tagged with: changes people Top Management Wells Fargo October 25, 2018 4,222 Views Wells Fargo is getting serious about its risk management and controls and has announced the departure of Hope Hardison, Chief Administrative Officer, and David Julian, Chief Auditor at the bank. The bank has said that these executives will begin a leave of absence and will no longer be members of the company’s Operating Committee.These “leaves of absence” relate to previously disclosed ongoing reviews by regulatory agencies in connection with historical retail banking sales practices, the bank said in a statement.“Because of the depth of our management team, we are confident in our ability to ensure an effective transition,” said Tim Sloan, CEO, Wells Fargo. “During the past two years, we have become more customer-focused, made significant leadership and board changes, strengthened risk management and controls, simplified the organization, and invested in our team members. We remain steadfast in our focus on making things right for customers and building a better Wells Fargo.”With these departures, Wells Fargo has made some top management changes to fill these roles. These include changes in reporting as well as taking up the responsibilities of the vacant positions. While David Galloreese, Head of Human Resources will report directly to Sloan and join the bank’s operating committee, Cara Peck, who heads the Culture and Change Management teams, will report directly to Galloreese. The bank said that Jim Rowe, Head of Stakeholder Relations would continue in that capacity and report directly to Sloan. This function would expand to include Corporate Philanthropy and Community Relations, headed by Jon Campbell, Wells Fargo said in its statement.In addition to these changes, Wells Fargo said that the Operating Committee members would take on additional responsibilities that were part of the Chief Administrative Office. They include:Chief Financial Officer John Shrewsberry will oversee Data Management and Insights, led by Zac Maufe, and Commitment to Customer Center of Excellence, headed by Joe Rice.Avid Modjtabai, head of Payments, Virtual Solutions and Innovation, will assume responsibility for Marketing, led by Jamie Moldafsky. Marketing will continue to serve the enterprise and Wells Fargo’s businesses.Chief Risk Officer Mandy Norton will assume responsibility on an interim basis for Integration and Planning, led by Sophie Sharp, as the company refines the final organizational alignment.The Chief Auditor’s role will be filled by current Executive Audit Director, Kimberly Bordner. Wells Fargo said that the function would continue to report to the Board of Directors’ Audit & Examination Committee (and administratively to Sloan), while the company conducted an internal and external search for the role. The Best Markets For Residential Property Investors 2 days ago Related Articles Sign up for DS News Daily Previous: How Much Longer Will Home Prices Climb? Next: FICO, Experian, and Finicity Launch New Credit Score Share Save Demand Propels Home Prices Upward 2 days ago Subscribe Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. center_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago About Author: Radhika Ojha  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News, Servicing The Week Ahead: Nearing the Forbearance Exit 2 days ago What the Departure of Wells Fargos’ Top Execs Means Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

31May/21

Industry Reacts to White House Affordable Housing Council

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Industry Reacts to White House Affordable Housing Council in Daily Dose, Featured, Government, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Affordable Housing Ben Carson HUD President Donald Trump 2019-06-28 Mike Albanese Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Previous: Bank Acquisition Announced Next: Preventing Real Estate Wire Fraud Servicers Navigate the Post-Pandemic World 2 days ago President Donald Trump’s Executive Order to establish the White House Council on Eliminating Barriers to Affordable Housing has been met with positive reviews by several industry leaders.  “The Five Star Institute recognizes and appreciates the important work that Dr. Ben Carson, the Department of Housing and Urban Development (HUD), and Brian Montgomery are doing at HUD,” said Ed Delgado, President & CEO of Five Star Global. “Their work simply cannot be overlooked. The commitment to fair and affordable housing is critical in today’s marketplace, and we thank them for their leadership and action on this issue facing the housing market.” The Council, chaired by Carson, Secretary of HUD, will be composed of members from eight Federal agencies, tasked to engage State, local, and tribal leaders across the nation to discuss and alleviate issues surrounding affordable housing. “The [National Association of Home Builders] applauds President Trump for making housing a top national priority. With housing affordability near a 10-year low, the president’s executive order on this critical issue underscores that the White House is ready to take a leading role to help resolve the nation’s affordability crisis,” said Greg Ugalde, Chairman of the National Association of Home Builders.  According to HUD, the construction of new homes has not kept pace with new household formations, because more than 25% of the cost of a new home is the direct result of Federal, State, and local regulations. Among the Council’s responsibilities, is to identify policies that artificially increase the cost of homeownership and reduce regulatory burdens.  “The National Association of Realtors thanks President Trump for taking much-needed steps to address housing affordability in this country, and we look forward to continuing to work closely with the White House to ensure the American Dream remains attainable for all those who seek to become homeowners,” said John Smaby, President of the National Association of Realtors.  According to First American’s Real Estate Sentiment Index, affordability has been the primary roadblock to homeownership, as those who found affordability to be an obstacle in 2019 increased to 40% from 30.1% year-over-year. “The main burden, affordability, confirms the strong sellers’ market conditions from 2018 have continued in many markets in early 2019, as demand outpaces supply and prices continue to rise,” said First American Chief Economist Mark Fleming.Editor’s note: Five Star Global is the parent company of DS News. Demand Propels Home Prices Upward 2 days ago Related Articlescenter_img Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. June 28, 2019 2,077 Views Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Industry Reacts to White House Affordable Housing Council  Print This Post About Author: Mike Albanese Tagged with: Affordable Housing Ben Carson HUD President Donald Trump Share Save The Best Markets For Residential Property Investors 2 days agolast_img read more

31May/21

Freddie Mac Measures Mortgage Demand

first_img  Print This Post Subscribe Freddie Mac Mortgage Rates Primary Mortgage Market Survey 2019-10-03 Mike Albanese Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Previous: Cloudvirga and EXOS Technologies Partner to Reduce Closing Times Next: What SFR Investors Need to Know Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Freddie Mac Measures Mortgage Demand Tagged with: Freddie Mac Mortgage Rates Primary Mortgage Market Surveycenter_img About Author: Mike Albanese Related Articles Mortgage rates were relatively unchanged according to Freddie Mac’s latest Primary Mortgage Market Survey, which found the average rate of a 30-year fixed rate mortgage rose marginally from 3.64% to 3.65% for the week ending on September 26. “While mortgage rates generally held steady this week, overall mortgage demand remained very strong, rising over 50% from a year ago thanks to increases in both refinance and purchase mortgage applications,” said Sam Khater, Freddie Mac’s Chief Economist. “As economic growth decelerates, it is clear that low mortgage rates will continue to support the mortgage market and we expect that to persist for the remainder of the year.”George Ratiu, realtor.com’s Senior Economist, said investors reacted poorly to growth prospects and the drop in ISM manufacturing index at the start of Q4 2019. While those actions pushed markets on a roller coaster ride, mortgage rates remain 100 basis below 2018’s levels. “With the fall season ahead, shoppers can expect continued low rates, and a boost to their budgets,” Ratiu said. “However, the shrinking entry and mid-level inventory remains the crucible of this year’s market, and will continue testing first-time buyers’ patience.”The average rate of a 30-year fixed rate mortgage this time last year was 4.71%. The 15-year fixed-rate mortgage averaged 3.14% for the week ending September 26, which is a slight decline from last week 3.16%. Average rates on a 15-year fixed-rate mortgage last September was 4.15%. Historically low mortgage rates through most of the second half of 2019 led Freddie Mac to forecast that mortgage originations will reach $2.1 trillion in 2019. Freddie Mac said the forecast is due mostly to the surge of refinancing and strong homebuyer demand. Mortgage originations have grown from $1.6 trillion last year to 2.1 trillion in 2019. Originations, however, are expected to fall back down in 2020 to $1.8 trillion. “Despite fears of an economic slowdown, the housing market continues to be a bright spot in the economy,”  Khater said. “While mortgage rates have ticked up in recent weeks, they remain lower than they were a year ago, which will help boost sales headed into the fall.” Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago October 3, 2019 2,997 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Government, News Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Freddie Mac Measures Mortgage Demand Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more