For Sale: Fannie Mae, Freddie Mac MSR Portfolio – $3 Billion

May 31, 2021 0 Comments

first_img Tagged with: GSEs Loan Portfolios mortgage servicing rights MountainView Servicing Group  Print This Post Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago February 12, 2015 1,010 Views 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. For Sale: Fannie Mae, Freddie Mac MSR Portfolio – $3 Billion in Daily Dose, Featured, News, Secondary Market Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / For Sale: Fannie Mae, Freddie Mac MSR Portfolio – $3 Billion About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Residential mortgage servicing rights sales and valuation advisory services provider MountainView Servicing Group announced Thursday that it is acting as adviser for the sale of a Fannie Mae and Freddie Mac portfolio with an unpaid principal balance (UPB) of about $3 billion.According to MountainView’s announcement, quality features of the bulk servicing portfolio include 100 percent fixed-rate and first lien product, a weighted average original FICO score of 755, a weighted average original LTV ratio of 80 percent, a weighted average interest rate of 3.9 percent, and low delinquencies. The average loan size is $203,106, according to MountainView.”This portfolio’s above-average amount of expected escrow balances provides a buyer with additional upside potential,” said Matt Maurer, managing director at MountainView Servicing Group. “And given the portfolio size and the strength of the counterparty, we expect to receive strong bids from both bank and non-bank MSR buyers.”Texas is the top state for the portfolio with 21 percent of the packaged loans, followed by New Jersey (8.1 percent), Illinois (7.4 percent), and Georgia (7.1 percent).Bidding for the portfolio will continue for one more week; bids are due on Thursday, February 19.The sale of the $3 billion portfolio will be the fourth MSR rights sale of 2015 for which Denver-based MountainView Servicing Group has acted as adviser. In January, the firm advised on the sale of a Fannie Mae and Freddie Mac MSR portfolio with $4.2 billion in aggregate UPB; a spokesperson for MountainView said the company received five bids for that portfolio. On February 10, MountainView announced it was acting as adviser for an agency MSR portfolio with $736 million in aggregate UPB, with bids due February 12. The day after that announcement, February 11, MountainView brought a Ginnie Mae portfolio with $341 million in UPB to the market; bids for that portfolio are due on February 18.Based on the annual number of sales, MountainView usually ranks first or second in the nation, according to the company’s announcement. During 2014, MountainView advised on 44 MSR portfolio sales involving a total of $43.5 billion of UPB. Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Castro Responds to Questions About Effects of Defaults Next: CFPB Moves Against Three Lenders for Falsely Implying Government Representation Demand Propels Home Prices Upward 2 days ago Share Save The Best Markets For Residential Property Investors 2 days ago GSEs Loan Portfolios mortgage servicing rights MountainView Servicing Group 2015-02-12 Brian Honea Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

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May 31, 2021 0 Comments

first_img in Daily Dose, Featured, Market Studies, News August 24, 2017 1,258 Views The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Arch Mortgage Insurance Company and OpenClose announced Monday an integration aimed at providing “more competitive, sophisticated and dynamic MI pricing solution than conventional rate sheets,” according to Chris Hovey EVP and COO at Arch MI. Arch MI and  OpenClose, are collaborating to offer Arch MI RateStar pricing information within the OpenClose LenderAssist loan origination system. _______________________________________________________________________________________Charlotte based real estate law firm Brady & Kosofsky with a solution stack assembled by North State Bank, a Raleigh based bank completed the first ever full electronic eMortgage purchase. The buyer and seller were able to sign their deeds, financing documents, and closing disclosures electronically from 45 miles away, only taking 10 minutes. This is the second eClosing by North State Bank since May 5, the first one performed by Honoval Law Firm._______________________________________________________________________________________Clarocity Corporation, based in Carlsbad, California, announced Monday that Bill Waltenbaugh is taking on the role of Chief Appraiser at Clarocity Valuation Services.Waltenbaugh brings 30 years of real estate industry experience to his new role, including past experience as a Chief Appraiser and Director of Compliance at several appraisal management firms. Holding the SRA and AI-RRS designations, Waltenbaugh has endured momentous changes throughout his career, from the first days of required appraisal licenses to the implementation of new rules from the Dodd Frank Act. Waltenbaugh says the industry is set for much more change._______________________________________________________________________________________Paradatec, Inc., based in Cincinnati, Ohio, announced Thursday its WriteUCD module has been verified as a technology integration vendor for Freddie Mac’s Loan Advisor platform as it satisfies the requirements of the GSE’s Uniform Closing Data files. A provider of optical character recognition solutions, Paradatec’s WriteUCD takes data from mortgage closing disclosure documents “in mere seconds per page” and then transfers it to the new required format. In fact, Paradatec claims to provide “quick and accurate identification of over 500 unique documents in the typical mortgage file,” and it is adapting to new industry standards. The Uniform Closing Data files are an integral part of the Uniform Mortgage Data Program, which will go into effect, September 25._______________________________________________________________________________________Safeguard Properties recently announced Jennifer Anspach, AVP of Human Capital, as HR Executive of the Year Finalist in the private companies category for Crain’s Cleveland Business’s 2017 Archer Awards, which recognizes those in Human Resources that have “hit the mark” and build companies with the best people, talent, development, and culture. Anspach has bettered Safeguard by implementing initiatives like work from home, part-time and flex schedules, casual dress code, wellness imitative, and career enhancement and tracking opportunities through goal development and training. The Best Markets For Residential Property Investors 2 days ago The Industry Pulse 2017-08-24 Brianna Gilpin Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Tagged with: The Industry Pulse Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] Previous: Key Posts Collecting Dust Next: Drilling Down Delinquency Data Demand Propels Home Prices Upward 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose /  Print This Post Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Brianna Gilpin Subscribelast_img read more

Former Washington Mutual Parent Company Acquires Mr. Cooper

May 31, 2021 0 Comments

first_imgHome / Featured / Former Washington Mutual Parent Company Acquires Mr. Cooper Nationstar Mortgage, the Coppell, Texas-based mortgage servicing company that recently rebranded itself as Mr. Cooper in an effort to grow out of a niche closely associated with the Great Recession, is merging with the holding company that formerly owned Washington Mutual Bank, the companies announced.Nationstar shareholders will get $1.2 billion in cash from Seattle-based WMIH Corp. and $702 million in shares of the new combined company, whose shares will be traded on NASDAQ under the ticker symbol WMIH.A news release said that Nationstar—which has about 7,000 employees, including about 4,000 in Dallas-Fort Worth—will continue its operations “as normal.” Nationstar’s senior leadership team will head the combined company, which will still be known as Nationstar Mortgage and keep its headquarters.WMIH Corp. was formerly Washington Mutual Inc., the parent of Washington Mutual Bank. But Washington Mutual was seized by the Office of Thrift Supervision in 2008, and the bank-holding company filed for bankruptcy.In 2012, WMIH Corp emerged from bankruptcy and has essentially been laying low since then, running a “legacy reinsurance business operating in runoff mode.”But recently, it has been looking for acquisitions, primarily focusing on the “financial institutions sector.”Nationstar, WMIH’s executives said, fit the bill.“Nationstar aligns perfectly with our acquisition strategy and has a strong track record of providing mortgage servicing and loan and real estate offerings in various market conditions,” said Bill Gallagher, CEO of WMIH, in a statement.Gallagher said that Nationstar is good at mortgage servicing “in various market conditions,” while WMIH will be able to infuse Nationstar’s operations with cash.The merger comes several months after Nationstar made official its long-gestating rebrand to “Mr. Cooper,” a change that executives told The Dallas Morning News was aimed at making the mortgage business more approachable.As Mr. Cooper, Nationstar hoped to grow by originating more mortgages, rather than largely servicing delinquent mortgages—a niche business that ballooned during the downturn.Now that the country’s housing market is on a hot streak, Nationstar has tried to capitalize.In August, Nationstar’s CEO, Jay Bray, said the company spent more than $90 million in upgrading its operating and consumer technology and spent 50,000 hours training employees.He said that the changes had yielded $20 billion in new loans originated by Nationstar.About two years ago, around 20 percent of the company’s portfolio was in loans that Nationstar had originated or refinanced (as opposed to existing loans that Nationstar bought for cheap from banks). At the time, he said, that was up to about 30 percent.“I am passionately committed to continuing and accelerating our growth and investment as a leader in our industry, leveraging our best-in-class integrated servicing and originations platform,” Bray said in a statement on Tuesday. in Featured, Headlines, Journal, News, Secondary Market, Servicing February 19, 2018 4,291 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Former Washington Mutual Parent Company Acquires Mr. Cooper Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Subscribe 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 Previous: CoreLogic Announces New Addition to Government Affairs Team Next: Black Knight Announces Pricing of Secondary Common Stock Offering Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Company News mortgage mortgage servicing Mr. Cooper Nationstar Washington Mutual 2018-02-19 David Wharton The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: David Wharton Related Articles Tagged with: Company News mortgage mortgage servicing Mr. Cooper Nationstar Washington Mutuallast_img read more

NMSA and HUD Work to Improve CWCOT Program

May 31, 2021 0 Comments

first_img The Best Markets For Residential Property Investors 2 days ago About Author: Mike Albanese NMSA and HUD Work to Improve CWCOT Program Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post cwcot FHA HUD 2020-02-25 Mike Albanese Demand Propels Home Prices Upward 2 days ago Tagged with: cwcot FHA HUD Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Previous: Court Clarifies ‘Single-Satisfaction Rule’ After Mortgage Lien Avoidance Next: A Look Back at Real Estate Performance February 25, 2020 2,099 Views in Daily Dose, Featured, Government, News Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago On Tuesday, the Department of Housing and Urban Development (HUD) announced changes to the Federal Housing Agency’s (FHA) Claims Without Conveyance of Title (CWCOT) program. Changes proposed by HUD include: Providing for a second appraisal once a property becomes vacantExpanding the number of states for marketing services and auction services into the judicial statesModifying the “haircut” structure in a manner more specific to the value of that propertyChanges to reimbursement for property preservation and eviction expenses“We think these changes will improve the take-up rate of the CWCOT program, which has already gone from 25% to 75%,” said Dror Oppenheimer, Senior Advisor to the Assistant Secretary for Housing—Federal Housing Commissioner at HUD during an industry event on Tuesday. “We think this is going to expand way beyond the 75% and provide real benefit for servicers and the FHA. We look forward to hearing back from the industry.”Michael Drayne, acting EVP of Ginnie Mae, said during the event that the most important thing Ginne Mae can do to modernize our platform is to “break pool-level functions into loan-level functions.” “This is an enormous undertaking for us, it’s a long-term proposition. This will affect almost everything about the architecture of the programs we already have and will take a number of years to complete,” Drayne said. Ed Delgado, President and CEO of Five Star Global (parent company of both DS News and the NMSA), said, “These proposed CWCOT changes represent a major victory for homeowners. Increased utilization of CWCOT where appropriate not only limits loss exposure and provides additional savings for the MMI Fund, it also benefits communities by preserving the condition and accelerating the sale of foreclosed properties. These changes will further encourage servicers to participate in the CWCOT program, help keep more people in their homes, and provide a substantial, systemic benefit for homeownership.”In 2018, Delgado penned an op-ed for DS News about why CWCOT is good for homeowners, and proposed several changes that could help improve the program for all stakeholders. You can read that piece by clicking here.“I was happy to see the positive changes to the CWCOT program that will help communities, servicers, and the FHA Fund,” said Wes Iseley, Senior Managing Director at Carrington Mortgage Holdings. “The National Mortgage Servicing Association provided feedback and data to support the changes.”FHA’s CWCOT program pays insurance benefits to a mortgagee after the sale of a property to a third-party after the foreclosure of the FHA-insured mortgage or through a second-chance sale. There is no conveyance of the property to HUD with CWCOT in exchange for payment of mortgage-insurance benefits. The program also expedities the disposition of foreclosed properties and reduces the amount of time a property sits vacant. “The impact on servicers, neighborhoods, and the economic strength of the FHA MMI fund can not be overstated. This was a massive undertaking by the FHA and required a near metaphysical change in their perceptions of patience and perseverance,” said Tim Rood, Head of Industry Relations at SitusAMC and the Chairman of The Collingwood Group, a SitusAMC company. “Our hope is that these critical changes to the CWCOT program will pave the way for additional policy changes in the servicing space to better align FHA policies with those of the GSEs.”Changes to the CWCOT program have been a top priority for industry organizations such as the National Mortgage Servicing Association (NMSA). Over the past year, leadership from NMSA have met with officials from the U.S. Department of Housing and Urban Development about the CWCOT program. In advance of this announcement, the NMSA sent a letter (linked here) to HUD requesting that it take the following steps:Re-value properties in the program; incorrect values on occupied properties hamper the effectiveness of CWCOTExpand the first-chance sales footprint nationwideUpdate the haircuts, which have not been adjusted in several yearsWith a membership comprising more than 90% of the mortgage servicing market, the NMSA is a nonpartisan organization driven by senior executive representation from the nation’s leading mortgage servicing organizations, formed for the purpose of effecting progress and change on the key challenges that face the mortgage servicing industry. By bringing together decision making executives from across the nation, the NMSA drives the conversation on shaping the American housing industry for the benefit of homeowners. The NMSA is supported by associate members Auction.com, DIMONT, and National General Lender Services.You can find more information about these newly proposed changes on FHA’s Single Family Housing “Drafting Table” website, as well as a link to the CWCOT Feedback Submission Form.     Demand Propels Home Prices Upward 2 days ago About Author: David Wharton 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] The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / NMSA and HUD Work to Improve CWCOT Program Data Provider Black Knight to Acquire Top of Mind 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. Subscribelast_img read more

FHFA Tracks GSE Foreclosure Prevention

May 31, 2021 0 Comments

first_img The Best Markets For Residential Property Investors 2 days ago  Print This Post Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: GSEs Launch Mortgage Deferment Programs Next: Where Overleveraged Homes are Concentrated March 25, 2020 1,062 Views Demand Propels Home Prices Upward 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles FHFA Tracks GSE Foreclosure Prevention Home / Daily Dose / FHFA Tracks GSE Foreclosure Preventioncenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Seth Welborn Fannie Mae Foreclosure Foreclosure Prevention Freddie Mac GSE 2020-03-25 Seth Welborn Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Fannie Mae Foreclosure Foreclosure Prevention Freddie Mac GSE Servicers Navigate the Post-Pandemic World 2 days ago Subscribe The Federal Housing Finance Agency (FHFA) today released its fourth quarter 2019 Foreclosure Prevention and Refinance Report, which shows that Fannie Mae and Freddie Mac completed 25,930 foreclosure prevention actions in the fourth quarter of 2019, bringing the total to 4.407 million troubled homeowners who have been helped during conservatorships.Twenty-six percent of modifications in the fourth quarter were modifications with principal forbearance. Modifications with extend-term only accounted for 65 percent of all loan modifications during the quarter.The percentage of 60+ days delinquent loans remained unchanged at 0.96% at the end of the fourth quarter from third quarter of 2019. The Enterprises’ serious (90 days or more) delinquency rate remained unchanged at 0.65% at the end of the fourth quarter. This compared with 3.47% for Federal Housing Administration (FHA) loans, 1.92 percent for Veterans Affairs (VA) loans, and 1.76% for all loans (industry average).​The FHFA’s report also covers the GSE’s refinances. ​​Total refinance volume increased in December 2019 as mortgage rates rose in previous months but remained near lows last observed in 2015. Mortgage rates increased in December: the average interest rate on a 30-year fixed rate mortgage rose to 3.72% from 3.70% in November.Foreclosure starts in February 2020 hit their lowest level on record since January 2000, according to Black Knight’s First Look at February Mortgage Data. Foreclosure starts fell 25% from January 2020, and 20% from the year prior, while the national foreclosure rate also ticked lower in February, falling to 0.45%.“Most in the default servicing industry expect government-insured loans to be the primary source of increased foreclosure inflow in 2020, even in the absence of a widespread recession or housing downturn,” said Jesse Roth, SVP of Strategic Partnerships and Business Development with Auction.com. “That’s a rational conclusion given the rising risk profile of FHA-backed loans originated in the last five years.”Delinquencies were up slightly from January, but remain more than 15% below last year’s levels. Prepayment activity rose by nearly 8% month-over-month as early 2020 rate declines have begun to impact refinance activity. The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Government, Loss Mitigation, Newslast_img read more

Analysis shows Donegal has low rate of mugging but high rate of assault

May 27, 2021 0 Comments

first_img Google+ Newsx Adverts By News Highland – July 7, 2012 WhatsApp NPHET ‘positive’ on easing restrictions – Donnelly Analysis shows Donegal has low rate of mugging but high rate of assault Twitter An analysis of crime figures published today suggests that the Donegal Garda Division is one of the counties in which you are least likely to be the victim of muder, mugging or burglary.However, the county is in the top five for both physical assault and rape and sexual assault.The figures were compiled by the Daily Mail using crime figures from 2010 to the first quarter of 2012.The report finds that over the 27 month period, there were four muggings and one murder in the Donegal Garda division. That’s one mugging per 29,259 people in Donegal, compared to one per 4512 in Dublin South Central.There were 964 burglaries in the county over the period, that’s one per 162 people, compared to one per 36 people in Dublin North Central. This comes at a time when the garda response to such burglaries in rural areas is the subject of an internal debate within the county.In the area of assault, however, Donegal does not fare as well. There were 391 reported assaults in the division, one per 401 people, the fourth most likely division in which the be assaulted.In the case of rape and sexual assault, the Daily Mail analysis says there were 189 incidents reported in Donegal over the period, one per 830 people, the fifth highest in the country. Three factors driving Donegal housing market – Robinson Twitter Calls for maternity restrictions to be lifted at LUH Pinterestcenter_img Facebook WhatsApp Facebook 448 new cases of Covid 19 reported today Previous articleOrange Order members converge on Rossknowlagh for annual paradeNext articleAlcohol forum welcomes judge’s intervention in price war News Highland Google+ Pinterest Help sought in search for missing 27 year old in Letterkenny RELATED ARTICLESMORE FROM AUTHOR Guidelines for reopening of hospitality sector publishedlast_img read more

Government to seek € 2 billion in austerity cuts

May 27, 2021 0 Comments

first_img The government has confirmed it will seek 2 billion euro of tax hikes and spending cuts in the next Budget.It’s published an update on the Irish economy to be sent to the EU, which includes 1.3 billion euro in spending cuts and 700 million euro in tax hikes.The document comes only days after the E-S-R-I suggested the government could meet its EU targets without any new taxes at all.However the door is left open for the government to change its mind, saying the final decision will be made closer to Budget day.The opposition says the new document marks a u-turn from the government, which had previously discussed the prospect of cutting taxes on middle-income families.Donegal Deputy Pearse Doherty says people cannot put up with any more austerity:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/04/19doh.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Almost 10,000 appointments cancelled in Saolta Hospital Group this week News RELATED ARTICLESMORE FROM AUTHOR WhatsApp NPHET ‘positive’ on easing restrictions – Donnelly Pinterest WhatsApp By News Highland – April 16, 2014 Calls for maternity restrictions to be lifted at LUH Twitter LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton center_img Facebook Government to seek € 2 billion in austerity cuts Facebook Guidelines for reopening of hospitality sector published Twitter Google+ Previous articleCllr McGowan calls for land drainage committees to be re-establishedNext articleCllr Padraig O’Doherty to now run as an independent in local elections News Highland Three factors driving Donegal housing market – Robinson Google+ Pinterestlast_img read more

Donegal Town to host Fine Gael tourism forum

May 27, 2021 0 Comments

first_img By News Highland – November 5, 2010 Google+ LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Three factors driving Donegal housing market – Robinson Donegal Town to host Fine Gael tourism forum Facebook RELATED ARTICLESMORE FROM AUTHOR A Fine Gael organised Cross Border Forum on tourism will be held in Donegal town on Saturday.The event, in the Abbey Hotel  will be attended by the party leader Enda Kenny while Tom Elliott MLA, leader of the Ulster Unionist Party will also speak at the Forum.This will be his first public address outside Northern Ireland since he has become Leader.Deputy Joe McHugh says the Forum will meet to discuss the potential cross-border tourism opportunities that exist and how they can assist in Ireland’s economic recovery.[podcast]http://www.highlandradio.com/wp-content/uploads/2010/11/joetourismpm.mp3[/podcast] Guidelines for reopening of hospitality sector published Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Twitter Facebookcenter_img WhatsApp Twitter Previous articleLetterkenny man to replace Mark Durkan in StormountNext articleMinisters imply FF members wasting time at selection convention News Highland Pinterest Calls for maternity restrictions to be lifted at LUH Pinterest Newsx Adverts WhatsApp Almost 10,000 appointments cancelled in Saolta Hospital Group this week Google+last_img read more

Protestors kept at a distance as Taoiseach addresses B.I. Assembly at LYIT

May 27, 2021 0 Comments

first_imgNews Protestors kept at a distance as Taoiseach addresses B.I. Assembly at LYIT Dail hears questions over design, funding and operation of Mica redress scheme Google+ WhatsApp Facebook HSE warns of ‘widespread cancellations’ of appointments next week PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Twitter Facebook Pinterest Previous articleDerry Councillor loses party whip over subtitles commentNext articleStrong interest in new Strabane Business Park News Highland center_img Pinterest RELATED ARTICLESMORE FROM AUTHOR Google+ Dail to vote later on extending emergency Covid powers The Taoiseach is in Donegal this evening to address the British-Irish Parliamentary Assembly at  Letterkenny Institute of Technology.This year the theme is ‘Energy across Borders – Delivering the Economic Opportunities’.Enda Kenny is delivering today’s keynote address.Over a hundred protestors gathered outside LYIT this afternoon, but they’ve been kept on the road by a large number of gardai.Commenting on the meeting and the Taoiseach’s visit, Letterkenny Chamber president John Watson said “this high level meeting brings an international focus to Letterkenny and the North West. We welcome the fact that Letterkenny and LYIT was selected as the location this time round. Ministers from across the islands will be in Letterkenny for two days and will experience what Donegal has to offer. The focus on green technology is also significant given LYIT’s expertise in this area.We believe a focus such as this will enhance Letterkenny’s profile and we hope that any protest planned will not be allowed to detract from the real business of the meeting.” By News Highland – March 4, 2013 Twitter WhatsApp 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Man arrested in Derry on suspicion of drugs and criminal property offences released last_img read more

Dramatic decline in cross-border shopping

May 27, 2021 0 Comments

first_imgNewsx Adverts HSE warns of ‘widespread cancellations’ of appointments next week RELATED ARTICLESMORE FROM AUTHOR Dramatic decline in cross-border shopping Pinterest Twitter Facebook Cross-border shopping has slowed to a trickle and is now worth just 1.4% of retail spending nationally, Inter Trade Ireland has said.The group released the results of surveys from shopping centres across Northern Ireland this week, showing the number of cars with southern registrations falling to the lowest level since September 2008.The surveys, independently produced and not compiled directly by Inter Trade Ireland, cover shopping centres in Strabane, Newry, Enniskillen and Banbridge.In early 2009 at peak hours almost 70 per cent of cars could have southern registrations, but this had now fallen to about 45 per cent.Recent changes to VAT rates in the UK have also closed a gap between the two jurisdictions.The organisation said the net loss to the Exchequer from shopping in the north was about €45m in VAT and €25m in excise, representing less than 5% of total VAT and excise receipts WhatsApp Man arrested in Derry on suspicion of drugs and criminal property offences released Google+ Google+center_img Dail to vote later on extending emergency Covid powers By News Highland – August 6, 2010 Twitter PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Dail hears questions over design, funding and operation of Mica redress scheme WhatsApp Pinterest Facebook Previous articleMan found dead in BunbegNext articleDUP delegation meet with PSNI in Derry News Highland Man arrested on suspicion of drugs and criminal property offences in Derrylast_img read more