Governmental Measures Target Expanded Access to Affordable Housing 2 days ago April 29, 2015 1,378 Views Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / FHA Publishes Responses to Comments on Rule Delaying Foreclosure on Non-Borrowing Spouses Demand Propels Home Prices Upward 2 days ago Federal Housing Administration FHA Foreclosure HECMs Home Equity Conversion Mortgages HUD 2015-04-29 Brian Honea About Author: Brian Honea Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Tagged with: Federal Housing Administration FHA Foreclosure HECMs Home Equity Conversion Mortgages HUD Print This Post The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Economists Retain Positive Outlook Despite ‘Paltry’ GDP Growth in First Q1 Estimate Next: DS News Webcast: Thursday 4/30/2015 Related Articles in Daily Dose, Featured, Foreclosure, News Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago The Federal Housing Administration (FHA) responded in the Federal Register on Wednesday to comments on the alternative path to claim payment (the Mortgagee Optional Election Assignment) for certain Home Equity Conversion Mortgages (HECMs), which centers on the delaying of foreclosure on a surviving non-borrowing spouse following a borrowing spouse’s death.The FHA published a notice soliciting comments on the matter on February 6, and the comment period ended on March 9. In the four and a half week comment period, FHA received seven comments on the issue. Click here to see all seven comments and the complete responses from FHA. The comments centered mainly around asking FHA to clarify the eligibility requirements for surviving non-borrowing spouses (or any heir named on the title) to receive HECM relief.FHA and HUD amended their HECM program in January prevent reverse mortgage lenders from calling the note from a surviving non-borrowing spouse – but the amendment applied only to case numbers assigned on or after August 4, 2014, and for certain eligible case numbers assigned before that date. The requirements to qualify for HECM relief shut many out, however – the servicer has to agree to assign the loan to HUD rather than pursue foreclosure, and the surviving spouse must be either older or the same age as the deceased borrower at the time the loan was originated – or the surviving spouse must pay off the entire loan amount or 95 percent of the home’s value.In March, a group of concerned consumer advocates submitted comments totaling 65 pages to HUD expressing concerns over non-borrowing spouses facing foreclosure and eviction following the death of a borrowing spouse. In February, a CFPB report on consumer complaints regarding reverse mortgages found that the most common complaint was on surviving non-borrowing spouses suddenly facing foreclosure when a borrowing spouse dies – finding that “some consumers report that their loan originator falsely assured them that they would be able to add the other spouse at a later date.” FHA Publishes Responses to Comments on Rule Delaying Foreclosure on Non-Borrowing Spouses Share Save Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Subscribe
THREE matches are scheduled for today at the Tucville Community ground in the Fruta Conquerors U-19 Academy Football League.Today’s opening match of the triple-header is set for noon when Order and Discipline meet Black Pearl FC in a Group ‘B’ match-up. At 14:00hrs it will be Botofago FC against Eastville FC and in the final game at 16:00hrs, home side Conquerors entertain Uitvlugt Warriors.Two more games are fixed for next Monday, with Santos and Tavelle’s colliding in the first game at 17:00hrs, while at 19:00hrs it will be Pele FC versus Western Tigers.The latest winners in the 12-team League are Western Tigers who secured their first win after putting away Order and Discipline 3-1 last Thursday in Group ‘B’ action.
It’s the advert for Ireland Airport West at Knock that has caught the attention of GAA fans across the country.It shows Donegal stars Michael Murphy, Karl Lacey and other well-known football stars raving about how good the airport is – while showing off their skills. But what exactly happened behind the scenes and who dropped the ball?Simply click to see. DDTV – WHICH DONEGAL STAR DROPPED THE BALL ON TV ADVERT? was last modified: June 21st, 2013 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:advertIreland West Airportkarl laceyMichael Murphy
A wet Sunday morning greeted all those running the final race in the Inishowen AC Fit4Life Road Race series. The 5k event hosted 70 competitors, so the weather did not dampen their spirits.This was a rugged, undulating course and Tracy Harley, Inishowen AC, was home first in an impressive time.Tracy’s improvement is fantastic and she sets a great example . Sheila Doherty, Inishowen AC, recording an excellent second place finish However, the finishing times/ positions were not important as the event was a good deal of fun and a great community event.All the tired ladies assembled afterwards and enjoyed the essential post race refreshments. Ten lucky competitors returned home with a spot prize, however, everyone was a winner today. On behalf of Inishowen AC , I would like to personally thank EVERYONE who helped out at the 3 events. Thank you for donating your time.For further information on Inishowen AC visit www.inishowenac.com or find us on Facebook ATHLETICS: INISHOWEN AC NEWS was last modified: July 6th, 2012 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Inishowen Athletic Club notes
Share Facebook Twitter Google + LinkedIn Pinterest Friday’s bean rally may be attributed to the Brazilian Central Bank propping up their currency, which will likely slow farmer selling there in the short-term. Also, dry weather in Australia is helping support wheat prices. With both beans and wheat prices higher, corn also increased. U.S. farmers aren’t selling going into harvest, which is supportive. Soybeans and corn both closed technically strong, with potential for more upside next week. However, fundamentally it may be difficult, now that harvest is in full swing.The Chinese visited the U.S. this week and announced they would buy 500 million bushels of soybeans. The announcement was not a surprise to many in the trade as the Chinese consume 60% of the world’s soybeans. The contract details were a bit vague though. The bushels purchased have no guaranteed time frame and no letters of credit have been established. It was a great photo opportunity for all involved, but follow through with commitments will still be needed over the next several months.Corn yield reports are wide-ranging. It seems yields are higher than estimated in areas where conditions were good, but below estimates where conditions were poor. As harvest moves north, I expect corn yields to improve. Early estimates indicate the national yield could be lower than previously estimated, which would support prices. However, harvest has only begun in much of the Corn Belt. We are 30% done harvesting on our farm in Nebraska. Dryland corn is 35 bushels above APH yields (similar to last year) and irrigated is near normal (which was expected). Moisture levels ranging 14%-19%.Early bean harvest results are great north of I-90. Some are suggesting the national yield could be increased. However, as the harvest moves southward, the areas in the south where stands look questionable may not produce as well.What should a farmer do with grain in a commercial facility?I am a big advocate of 100% on-farm storage because of the flexibility and profit potential options. It’s difficult for farmers to optimize their grain marketing strategy to its highest profit potential without it. But, many farmers don’t have 100% on-farm storage. Often these farmers ask me what crop should be stored at home versus commercial storage. There isn’t a one-size fits all formula, because each farmer has their own unique situation. Farmers need to understand all the costs associated to make that decision.Here is an example of a common scenario: a farmer may only have 50% home storage capacity with operating loans on most of the crop and little grain priced for 2015.Keeping grain in commercial storage costs money. Not only monthly storage rates, but finance costs too. Finance costs need to be considered because farmers could just sell all their grain after harvest to pay off all the expenses of raising a crop. Farmers need to be aware of all the costs they face holding grain once its put into storage. How do I calculate those costs?First, farmers need to calculate the operating loan cost by multiplying the interest rate to the grain’s cash value at harvest. Let’s assume 5% interest on the average operation loan and today’s cash prices of nearly $4 corn and $8.75 soybeans:– Corn = 1.6 cents/bushel/month($4 cash value x 5% interest = 20 cents for an entire year / 12 months = 1.6 cents per month)– Soybeans = 3.6 cents/bushel/month($8.75 cash value x 5% interest = 43.75 cents for the entire year / 12 months = 3.6 cents per month) Second, farmers need to calculate the cost to store grain at a commercial facility. Typically it is around 5 cents/month. This means that storing grain costs about 6.6 cents for corn or 8.6 cents for soybeans per month in a commercial facility.But, the price of grain could explode if yields come up shortObviously this is a very common thought among farmers judging by how little of this year’s crop is already sold. Most farmers don’t realize that the futures price potential is actually irrelevant to grain storage decisions. When the cost of storage at a commercial facility is factored, neither crop makes good financial sense to hold. It would be better if farmers sold the grain for cash value and then rebought the grain “on paper” using futures. Why would farmers want to do this?If a farmer sells the grain for the cash value right away, it frees up money that can be used to pay down operating notes and reduces their cost per month significantly by eliminating storage fees and interest charges. Farmers could then buy back the grain with futures, waiting for the futures price they are hoping to get. How does this work?To buy back the grain using futures, the CBOT requires about 40 cents per bushel to be placed in the farmer’s account (i.e. margin). Typically, I suggest clients have an additional $1 per bushel more in their hedge account to cover any additional margin call. This would eliminate any margin calls unless the price dips below $3 for corn and $7.75 for soybeans. (This $1 per bushel extra is not required upfront, it’s whatever the farmer is comfortable with doing as long as they understand they could be responsible for more margin requirements.) Remember, you just sold your grain for cash ($4 for your corn or $8.75 for your soybeans), so the $1.40 per bushel amount should be easily covered, plus you will get this money back when you finally sell the futures. The loan expense equivalent on this amount would only be .6 cents per month ($1.40 at 5% = 7 cents per year or .6 cents per month). This is far less than the 6.6-8.6 cents per month to store the grain. Doing this, the farmer still has unlimited price risk, just as they did when they left it unpriced in the bin. What about basis appreciation?There is no guarantee the location the farmer delivers grain to at harvest will have the best basis later in the marketing year. Variances from rail shutter loader locations to ethanol or soy crush plants are wide-ranging making basis bids uncertain from location to location throughout the marketing year.While I have seen basis for both corn and beans to rally 6.6-8.6 cents/month, it has not been that common. Basically, owning grain on paper versus storing it in a commercial facility eliminates risk and improves cash flow.Most farmers don’t realize that they have the same risk using a futures account as they do to storing unpriced grain in a commercial facility. So while the basis could improve, the cost of storage and interest of the operating note will likely make the risk to store commercially unpriced grain too high.Sadly many farmers either don’t know how or don’t use all the tools available to them that would make their farm operations more profitable with less risk.Jon grew up raising corn and soybeans on a farm near Beatrice, NE. Upon graduation from The University of Nebraska in Lincoln, he became a grain merchandiser and has been trading corn, soybeans and other grains for the last 18 years, building relationships with end-users in the process. After successfully marketing his father’s grain and getting his MBA, 10 years ago he started helping farmer clients market their grain based upon his principals of farmer education, reducing risk, understanding storage potential and using basis strategy to maximize individual farm operation profits. A big believer in farmer education of futures trading, Jon writes a weekly commentary to farmers interested in learning more and growing their farm operations.Trading of futures, options, swaps and other derivatives is risky and is not suitable for all persons. All of these investment products are leveraged, and you can lose more than your initial deposit. Each investment product is offered only to and from jurisdictions where solicitation and sale are lawful, and in accordance with applicable laws and regulations in such jurisdiction. The information provided here should not be relied upon as a substitute for independent research before making your investment decisions. Superior Feed Ingredients, LLC is merely providing this information for your general information and the information does not take into account any particular individual’s investment objectives, financial situation, or needs. All investors should obtain advice based on their unique situation before making any investment decision. The contents of this communication and any attachments are for informational purposes only and under no circumstances should they be construed as an offer to buy or sell, or a solicitation to buy or sell any future, option, swap or other derivative. The sources for the information and any opinions in this communication are believed to be reliable, but Superior Feed Ingredients, LLC does not warrant or guarantee the accuracy of such information or opinions. Superior Feed Ingredients, LLC and its principals and employees may take positions different from any positions described in this communication. Past results are not necessarily indicative of future results. He can be contacted at [email protected]
Creative Commons Licensing Flickr CAI “Best Practices” conference, Nov 2008 – 02 by Ed YourdonBy Robin Allen, MSPH, RDN, LDNPreviously as an Administrative Dietitian working in a major university’s dining services, I implemented “point of service” food item nutrition labeling. The intent was not just to point out calories but to provide complete nutrition information for our consumers that included not only college students but faculty and staff. Everyone loved the nutrition labeling except for those students with eating disorders and their health care providers on campus. Many expressed concern that putting calories on the menu was a “trigger” for people with eating disorders. Menu labeling was indeed a touchy subject! Do we change everything for those few? We had the information online, but most people were not aware or did not take the time to look up the items. I chose to continue the food labeling since most people were very appreciative of the information being provided. I also knew mandatory food labeling was on the horizon and indeed had been implemented in many states. Those poor students with eating disorders were going to face with food labels whether it was at school or throughout their daily lives. Some students I indeed worked with to help them handle the nutrition information and use it appropriately.We also learned a great deal about the foods we were serving. Some foods we had thought would be a “healthier” option was worse than the “non-healthy” food item due to food preparation techniques. Some days there would have been nothing to eat if you were looking for a lower fat, moderate in sodium diet. Menu labeling forced us to take stock and re-examine our menus to ensure were at least offering some healthier alternatives. Our goal was not to make everyone eat “healthy” but to at least provide the option and the information to make healthier food choices. Still, when finals week rolled around, all good intentions went out the window and the consumption of french fries, chicken tenders, and pizza skyrocketed! Stress eating is alive and well during finals week.What are the advantages and disadvantages of menu labeling? The “Patient Protection and Affordable Care Act”, passed in 2010 required calorie labeling of menus. The requirement for calorie labeling was done to help stem the obesity epidemic and to help consumers make informed and healthier decisions about foods they eat.Some Advantages:1. May promote healthier choices by providing the public with more information to better understand what they eat.2. Provides consumers a guideline on what is a healthy caloric intake based on an average 1,800-2,000 calorie per day diet.3. Focuses on the prevention of chronic illnesses such as cardiovascular disease, type II diabetes, hypertension, and obesity.4. Provides nutrition education by requiring the visible display of calorie information and written information on other nutrients upon request.Some Disadvantages:1. There is an additional cost to restaurants and supermarkets for analyzing their food products to determine calorie information; printing new menus, food boards, displays, etc.2. There is a fear that sales of higher calorie foods will drop, which are frequently the most profitable.3. Consumers are not always aware of what is a “beneficial” food or “empty” calories.4. To analyze menus from scratch is very time-consuming and labor intensive.December 1, 2016, is the compliance date given by the Food and Drug Administration (FDA) for those restaurants to implement menu labeling. Food service operations covered under this ruling will have to list calorie information for standard menu items on menus and menu boards and a brief statement about suggested daily caloric intake. Nutrient information such as total calories, calories from fat, total fat, saturated fat, trans fat, cholesterol, sodium, total carbohydrates, fiber, sugars, and protein will have to be made available in writing on request. This FDA rule applies to food service operations that are part of a chain of 20 or more locations, doing business under the same name, and offering the same menu selections.Is the labeling of calories on the menu effective in helping consumers to make healthier or different food choices? One study published in the Journal of the Academy of Nutrition and Dietetics indicated people who use menu calorie labels is associated with purchasing fewer calories. However, there are significant socioeconomic differences among customers who notice and use menu calorie labels. Targeted education programs may be needed to improve the use of menu labeling across all sociodemographic groups. Another study from New York University (NYU), found no significant differences in calories purchased before and after menu labeling was required in New York. Adolescents reported that taste was the most important factor in meal selection. This study was primarily conducted in low-income areas.Does menu labeling lead people to make healthier food choices? Do people even know what the labels mean? Are the labels accurate? How do we help our patients navigate the new menu labeling requirements to make healthier choices? Does putting the calories on the menu cause problems or “trigger” eating disorders?There are many unanswered questions, and this topic is now being studied extensively.Tune into our free webinar on October 20, 11:00 pm ET to get the most up to date information on menu labeling.Resources:Elbel, B, Gyamfi, J, and Kersh, K. Child and adolescent fast-food choice and the influence of calorie labeling: a natural experiment. International Journal of Obesity (2011) 35, 493–500; doi:10.1038/ijo.2011.4; published online 15 February 2011Green, J E, Brown, AG, Punam O. Sociodemographic Disparities among Fast-Food Restaurant Customers Who Notice and Use Calorie Menu Labels. Jn of the Academy of Nutrition and Dietetics, 2015-07-01, Volume 115, Issue 7, Pages 1093-1101.Read more here.FDA on Food LabelsThis post was written by Robin Allen, a member of the Military Families Learning Network (MFLN) Nutrition and Wellness team which aims to support the development of professionals working with military families. Find out more about the MFLN Nutrition and Wellness concentration on our website, on Facebook, on Twitter and on LinkedIn.
The difference in results isn’t the real difference. The real difference is found somewhere else, the last place you’ll look. Maybe the one place you don’t want to look.You won’t find the difference “out there,” no matter how long you search and no matter how well. Time spent searching “out there” is time spent away from where you will find the difference.There are charlatans and con artists who will tell you they know where to find the difference. For a fee, they can show you how to find the difference. They cannot, however, tell you why they aren’t focusing their time and energy on finding the difference themselves. To tell you that would betray their real intentions.When you find someone who has found the difference, they will very happily tell you what they did to find it for themselves. When asked, they share with you the recipe that worked for them, knowing that the difference isn’t something that can ever be depleted by sharing it with others, it being a beneficial to share with others. Your ears may not like what they hear and so resist what they hear.Much of the time, you will have to prod those who have found the difference to tell you what they believe, why they searched for the difference and what it meant to them when they first starting to possess it. Some part of what they tell you will clash with your deepest and longest held beliefs. You won’t want to believe what you hear, and you’ll wish that the charlatans and carnival barker’s recipe was enough to help you capture the difference. But something inside you will find what you hear as truth.When you are ready to take on the beliefs and the mindset of those who have found the difference, your beliefs will start change, little by little at first, and then all at once. Soon after, you start to take actions in line with the beliefs until, some time later, they are what you do without resistance and without thinking about it.If these words don’t reach you, it may not be time. If they do, then you know you have found your answer. Essential Reading! Get my 2nd book: The Lost Art of Closing “In The Lost Art of Closing, Anthony proves that the final commitment can actually be one of the easiest parts of the sales process—if you’ve set it up properly with other commitments that have to happen long before the close. The key is to lead customers through a series of necessary steps designed to prevent a purchase stall.” Buy Now
LATEST STORIES Inactive since suiting up in his final game with Kaohsiung Truth in the ASEAN Basketball League back in March, Jose came out with a leaner body in his first game in a Hawkeyes jersey.“I really slimmed down when I was in Taiwan because we were dieting there,” he said with a chuckle, while saying that he’s still far from his desired game shape. “I’ll try to bring back my old size.”FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSMalditas save PH from shutoutSPORTSPrivate companies step in to help SEA Games hostingJose also didn’t look like he missed a beat, displaying his signature grit as he racked 19 points and 14 rebounds in his 28 minutes on the floor.Unfortunately, the game ended in a sorry 86-84 defeat to Flying V after Jeron Teng drained the game-winning play. Every 18 seconds someone is diagnosed with HIV Panelo suggests discounted SEA Games tickets for students PLAY LIST 01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes Avenido on playing coach role: ‘I’m not Jawo’ Raymar Jose. PBA IMAGESRaymar Jose felt good hitting the hardcourt once again as he made his debut for Cignal HD in the 2017 PBA D-League Foundation Cup.“It was great. I felt great to play once again,” he said.ADVERTISEMENT View comments Lacson: SEA Games fund put in foundation like ‘Napoles case’ BREAKING: Cop killed, 11 hurt in Misamis Oriental grenade blast Palace: Duterte to hear out security execs on alleged China control of NGCP “It was unfortunate. We played good but we fell a little short. I think we’ll be able to bounce back,” he said.Jose and the rest of Cignal will try to bounce back on Thursday against Tanduay. MOST READ BREAKING: Cop killed, 11 hurt in Misamis Oriental grenade blast Sports Related Videospowered by AdSparcRead Next Pagasa: Storm intensifies as it nears PAR Don’t miss out on the latest news and information. BSP survey: PH banks see bright horizon amid dark global recession clouds Cayetano dares Lacson, Drilon to take lie-detector test: Wala akong kinita sa SEA Games
Jaylon Smith Injury Jaylon Smith InjuryFew players had a worse NFL Combine than Notre Dame’s Jaylon Smith, through no fault of his own. Smith was failed by multiple teams on his physical due to potential nerve damage stemming from the significant knee injury he suffered against Ohio State, which included a torn ACL and LCL.Smith, once viewed as a potential top 10 draft pick, will probably fall out of the first round altogether, but he’s doing whatever he can to prove that he is healing up. In an interview with Yahoo Sports, he revealed that he is currently leg pressing over 600 pounds, and squatting over 400.Can Smith feel a tangible difference physically in the past five weeks?“Oh yeah, absolutely,” Smith said. “A few weeks have made a huge difference, even the past two weeks. I can feel it.“Rehab is going great. I am leg-pressing over 600 pounds right now. I am squatting over 400 pounds. I am getting that strength back. It’s just a matter of time.”Asked whether it has been determined if he suffered nerve in the injury, Smith was a bit vague, but he remained upbeat.“We’ll see when I go back there [to the medical recheck],” Smith said. “We’ll see what the doctors say then. I feel like I’ve regained some of it. I’m happy where I am at right now.”When healthy, Smith is an incredibly impressive prospect. Hopefully he finds a team that will take a chance on him.[Yahoo Sports]More: Vote In Our “Most Annoying People In Sports Media” Championship >>>
BUENOS AIRES, Argentina — President Trump kicks off two days of diplomacy at the Group of 20 summit in Argentina on Friday after his abrupt decision to cancel a meeting with Russian President Vladimir Putin overshadowed the proceedings before they even started.Trump barrelled into the two-day meeting by announcing via Twitter that he was cancelling on Putin over Russia’s seizure of Ukrainian vessels. His agenda Friday is expected to include meetings with world leaders, the signing of a revamped trade deal with Canada and Mexico, as well as a number of group activities for the gathering of rich and developing nations.Coming into this G-20, Trump faces a series of diplomatic challenges — most notably whether he can strike an agreement with Chinese President Xi Jinping (shee jihn-peeng) to ease trade tensions.Catherine Lucey And Zeke Miller, The Associated Press