Why I think the oil price will recover but then crash forever

July 5, 2021 0 Comments

first_img Michael Baxter | Thursday, 12th March, 2020 Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images. See all posts by Michael Baxter Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Views expressed in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. The oil price has plummeted. I think it will recover, and may even soar, before the oil market goes into permanent decline.Oil demand is elastic in the long run. What I mean is that in the short run, demand for oil is roughly the same regardless of price. Or, to put it another way, in the short run, demand for oil is price inelastic.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…It takes time to change behavioursIn the longer run, it is different. If the oil price remains high, we start changing our behaviour: buying fuel efficient cars, for example. If the oil price remains high over an extended time-frame, then eventually demand falls and the oil price then drops — in the long run, demand for oil is price elastic.It is a similar story with oil supply. If the price remains high, oil companies invest more in exploration. Bar a brief interlude immediately after the 2008 crash, the oil price was relatively high, from the middle of the last decade to around 2014,  occasionally going above $100 a barrel. During this period investment into oil surged, for example, the shale oil and gas revolution.That’s why there’s an oil cycle. The delayed reaction of demand and supply creates extended periods of high and then low prices.The collapse in the oil price Because of shale oil and gas, in recent years the oil price has been relatively modest. Thanks mainly to the coronavirus and also due to a disagreement between Russia and Saudi Arabia on the appropriate reaction to the pandemic, the oil price is currently exceptionally low — Brent Crude is at $33 a barrel.You don’t need a degree in rocket science to realise that the low oil price will hit oil companies and their respective share prices.As a result, investment into oil will fall. The longer the crisis lasts – until late spring, later this year, or next year when a vaccination is commonly available – the greater this negative hit on long-term oil supply. When the crisis ends, I expect demand for oil to soar. At that point, I reckon the oil price may even go close to $100 a barrel again.Short-lived recoveryJust as markets initially underestimated the impact of the coronavirus because they failed to factor in the way it was spreading exponentially, they have failed to price in how exponentially falling costs of renewables and energy storage will transform the energy market.The combination of the imperative to win the war against climate change combined with the economic transformation of clean oil substitutes will have a devastating and permanent hit on the oil industry.Demand for oil won’t die away completely. It does, after all, have applications other than as fuel — plastics, for example. But then even the plastic market is being disrupted.It will have an application as rocket fuel, but you may indeed need a degree in rocket science to understand that business. Why I think the oil price will recover but then crash foreverlast_img read more

Warren Buffett invests for the long run! I think he might like these LSE shares now

July 5, 2021 0 Comments

first_img Since the second half of February, stock markets have been tanking. The City is now concerned about a potential deep, global economic slump, which some analysts fear could be worse than the 2008–09 financial crisis. Hence the recent stampede for the exits. But on the other side of the equation we’ve legendary investors who don’t worry too much about market crashes in general. For example, Warren Buffett invests for the long term and does not panic sell when markets crater. Impressive returnsSince the late 1950s, Buffett and his long-time partner Charlie Munger have transformed Berkshire Hathaway from a struggling textile manufacturer to a holding company with a market capitalisation greater than $550bn. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…It now has the most expensive share price of any company in history. In 1964, each Class A share was just shy of $20. Today it’s upwards of $268,000 (no, that’s not a misprint).  Put another way, Buffett has been making, on average, 20% a year. An investor who invested £1,000 in Berkshire Hathaway 50 years ago would now have over £9m! Buffett firmly believes that stocks outperform all other asset classes over time. However, he’s not one to buy shares in a company at any price. Indeed, the Oracle of Omaha is regarded as the king of value investing.Earlier in the year, Buffett released his annual shareholder letter. Although Buffett is bullish on stocks long term, he said “that rosy prediction comes with a warning: Anything can happen to stock prices tomorrow”.Although Buffett invests for the long haul, he regards the stock market as unpredictable. And within days of his warning in February, markets globally did indeed crash. For example, year-to-date, the FTSE 100 index is down about 28%.However he doesn’t think there’s any need for worry for the individual who doesn’t use borrowed money and who can control their emotions. To him, if you’re not thinking of owning the stock you’ve just bought for at least a decade, don’t even think of owning it for a day. Therefore, falling prices don’t make him nervous because he has seen equity markets recover time after time. Instead, he patiently waits.One of my favourite Warren Buffett quotes is “opportunities come infrequently. When it rains gold, put out the bucket, not the thimble”. In other words, he’d recommend retail investors to buy stocks as prices decline.What Buffett invests inBuffett’s preferred investments areLarge-cap stocksFinancials, including banks and insurance companiesConsumer brandsStocks that pay dividendsFor the most part, Buffett invests in US-based stocks. Yet the FTSE 100 offers plenty of choices in which he’d have possibly considered investing had he been UK-focused. And if I were to take Buffett’s approach, I’d be now willing to invest in many of these solid companies, especially as their valuations have fallen.One point I’d need to remind our readers that on 31 March, UK banking groups scrapped dividends and share buybacks for the rest of the year. Therefore, I am not including any banking shares in my list at this point.So here’s a shortlist for you to analyse furtherAviva – dividend yield 12.1%BP – dividend yield 9.4%British American Tobacco – dividend yield 7.1%Coca-Cola HBC AG – dividend yield 3.2%GlaxoSmithKline – dividend yield 5.7%Legal & General Group – dividend yield 9.9%National Grid – dividend yield 5.5%Tesco – dividend yield 3.1%Unilever – dividend yield 3.6% tezcang has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended GlaxoSmithKline and Unilever. The Motley Fool UK has recommended Tesco. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: The Motley Fool Warren Buffett invests for the long run! I think he might like these LSE shares now I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares See all posts by Tezcan Gecgil, PhD I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Tezcan Gecgil, PhD | Sunday, 5th April, 2020 last_img read more

Episcopal Church praises Biden administration for upholding promise to raise…

June 20, 2021 0 Comments

first_img Assistant/Associate Rector Washington, DC Episcopal Church Office of Government RelationsPosted May 4, 2021 Refugees Migration & Resettlement Priest Associate or Director of Adult Ministries Greenville, SC Rector/Priest in Charge (PT) Lisbon, ME Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Bishop Diocesan Springfield, IL Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Assistant/Associate Rector Morristown, NJ Submit a Job Listing Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Cathedral Dean Boise, ID Press Release Service Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Featured Events In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Bath, NC Tags An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Course Director Jerusalem, Israel Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Today President Biden followed through on his promise to raise the Fiscal Year 2021 refugee cap from 15,000 to 62,500. The Episcopal Church commends President Biden for recognizing the United States’ obligation to protecting some of the most vulnerable individuals in our world. The Episcopal Church has called on the United States and other wealthy nations to “contribute to resettlement, establish and maintain safe and orderly humanitarian protection for refugees, internally displaced persons, and other migrants seeking long-term solutions and safety.” Given that the Episcopal Church has put these words into practice through its refugee resettlement work with Episcopal Migration Ministries and the welcoming work of its parishes, we appreciate the White House has done the same with its campaign promises to expand refugee resettlement and strengthen the refugee program.“Today’s decision was a very important moment to mark a return to form for the U.S. Refugee Admissions Program and the United States’ commitment to refugees,” said the Rev. Dr. C.K. Robertson, canon to the Presiding Bishop, “for decades we’ve seen Republican and Democratic administrations make robust refugee resettlement an important part of their immigration and foreign policy and appreciate that the Biden administration will follow in their footsteps to serve these populations. The Episcopal Church also commends the work of its members and staff who have been instrumental in advocating for the refugee program and refugees in recent weeks. “The Episcopal Church has a long history of welcoming the stranger and we’re incredibly proud that our members met with and contacted their members of Congress to encourage the Biden Administration to meet its 62,500 pledge,” said Demetrio Alvero. “We stand ready to work with the administration to implement this new goal and its future efforts to expand refugee resettlement in Fiscal Year 2022.” Rector Belleville, IL New Berrigan Book With Episcopal Roots Cascade Books Episcopal Church statement on new refugee cap Associate Priest for Pastoral Care New York, NY TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Pittsburgh, PA Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Shreveport, LA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Curate (Associate & Priest-in-Charge) Traverse City, MI The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Smithfield, NC The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Youth Minister Lorton, VA Director of Music Morristown, NJ Rector (FT or PT) Indian River, MI Missioner for Disaster Resilience Sacramento, CA Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Canon for Family Ministry Jackson, MS Curate Diocese of Nebraska Rector Albany, NY Director of Administration & Finance Atlanta, GA Rector Martinsville, VA Submit a Press Release Rector Collierville, TN Assistant/Associate Priest Scottsdale, AZ This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Rector Knoxville, TN Featured Jobs & Calls Back to Press Releases Associate Rector for Family Ministries Anchorage, AK Rector Washington, DC Immigration, Rector and Chaplain Eugene, OR Rector Tampa, FL Submit an Event Listing Rector Hopkinsville, KY Priest-in-Charge Lebanon, OH Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Associate Rector Columbus, GA Family Ministry Coordinator Baton Rouge, LAlast_img read more

Thomas Cook Children’s Charity issues statement

June 16, 2021 0 Comments

first_imgThe charity was set up in 2009 with the aim of improving children’s lives in the UK and overseas. A grant-making charity, it awards the funds it raises to causes and projects helping to improve access to facilities for education, well-being and health care. Charities to have received its support this year include the Prader-Willi Syndrome Association UK, and Brian House. Melanie May | 27 September 2019 | News Tagged with: Finance  723 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis18 The Trustees of the Thomas Cook Children’s Charity have issued a statement on the charity’s site, assuring the safety of all funds, and stating that it is working with Thomas Cook’s liquidators to ensure any remaining donations from the company to the charity complete their transfer as soon as possible.However, as the holiday firm and a number of its subsidiaries were the main source of income for the charity, it states that it is now considering its own future, and will be working closely with the Charity Commission.It also states that it still aims to honour any grants already awarded, although there may be a short delay in processing them, and that all applications already received will still be considered for funding. However, there may be a delay in processing and receiving a response from these applications.In full, the statement reads:The Trustees of the Thomas Cook Children’s Charity are deeply saddened by the news that Thomas Cook Group plc entered into compulsory liquidation on Monday 23rd September. Our thoughts are with all affected colleagues and customers, so many of whom have been a great support to the charity over the years.We are pleased to confirm that all of the funds for the charity are held in trust and are not affected by the liquidation procedure of Thomas Cook Group plc. We are working with AlixPartners UK LLP, the Special Managers and KPMG LLP who are assisting the liquidation of Thomas Cook Group plc, to ensure that any remaining donations that were in transit to the charity from Thomas Cook Group plc and its subsidiary companies complete their transfer as soon as possible.Thomas Cook Group plc and a number of its subsidiaries were the charity’s primary source of funding. As such, the Trustees must now give careful consideration to the charity’s future. We would like to assure all concerned that they will continue to carry out the aims and objectives of the charity, and honour the promises that were made to our partners, supporters and beneficiaries. The charity remains committed to improving children’s lives and benefiting the communities in which they live.We will also be working closely with the Charity Commission over the coming weeks to ensure that they are kept up to date with decisions that are made.Thank you for your patience during this difficult time. We will make further announcements as appropriate.The TrusteesThomas Cook Children’s Charity About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.center_img Advertisement  722 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis18 Thomas Cook Children’s Charity issues statementlast_img read more

Two suspects in cameraman Brad Will’s murder freed for lack of evidence

June 12, 2021 0 Comments

first_img Organisation December 5, 2006 – Updated on January 20, 2016 Two suspects in cameraman Brad Will’s murder freed for lack of evidence MexicoAmericas MexicoAmericas RSF_en to go further 2011-2020: A study of journalist murders in Latin America confirms the importance of strengthening protection policies News Reporter murdered in northwestern Mexico’s Sonora state Follow the news on Mexico Reporters Without Borders voiced outrage today on learning of the release of Abel Santiago Zárate, the official in charge of public security in Santa Lucia del Camino (in Oaxaca state), and his bodyguard, Orlando Manuel Aguilar Coello, who had been arrested on suspicion of firing the shots that killed Indymedia cameraman Brad Will during a protest against Oaxaca’s governor on 27 October.Despite witness accounts and other evidence that they fired in Will’s direction, they were released on 1 December after a month in custody, the daily newspaper La Jornada reported. Explaining their release, the Oaxaca state prosecutor’s office (Procuraduria General de Justicia del Estado) simply said the type of firearm used to kill Will did not match those used by the two suspects.“The findings of the autopsies carried out on Will were rigged by the authorities in order to blame his murder on activists of the Popular Assembly of the Peoples of Oaxaca (APPO), whose protests Will was covering,” Reporters Without Borders said. “Zárate and Aguilar, who at the very least are key witnesses if not those directly responsible for the murder, have now been released while other suspects have never been detained.”The press freedom organisation added: “Finally, and above all, the identity of the other suspects has changed dramatically. We are no longer talking about the two municipal policemen, Juan Carlos Soriano and Juan Carlos Sumano, or the paramilitary, Pedro Carmona. Everything suggests that the Oaxaca state judicial authorities are now trying to cover up for Governor Ulíses Ruiz Ortiz’s aides. This is an insult to the victim and a spur to impunity.”_____________________________________________________________03.11.06 – Investigators slip up in Brad Will case, while seven journalists hurt in Oaxaca clashes with federal policebr>While noting that two of Indymedia cameraman Brad Will’s alleged killers were arrested and taken before a judge yesterday in Oaxaca, Reporters Without Borders today condemned the shortcomings in the investigation into his fatal shooting and the fact that three others allegedly involved have been able to escape.The press freedom organisation also voiced outrage about the use of violence by the Federal Preventive Police (PFP) to disperse protesters in the past few days in Oaxaca, in the course of which five journalists were injured and two others were roughed up.“Two of Will’s alleged killers may well be under arrest but three others, including two municipal policemen and a paramilitary, did not respond to a judicial summons and cannot be located,” Reporters Without Borders said. “The investigation in no way absolves the Oaxaca state government of responsibility in Will’s death and we reiterate our call for the creation of a federal commission of enquiry.”The organisation added: “We also condemn the police brutality in which seven journalists were among the victims and we urge the federal authorities to punish those responsible.”The two men arrested yesterday on the orders of the Oaxaca state prosecutor’s office for their alleged role in Will’s murder were Abel Santiago Zárate, a local elected representative of the Institutional Revolutionary Party (PRI), which controls the state government, and his chief bodyguard, Manuel Aguilar.The national daily Milenio named the three other presumed killers who are now fugitives from justice as municipal policemen Carlos Soriano and Juan Carlos Sumano, and paramilitary gang member Pedro Carmona, who was identified by witnesses as the person who fired the shot that killed Will while he was covering a violent protest by teachers in Oaxaca on 27 October.Yesterday’s violence took place when the PFP federal police entered the Oaxaca university campus and dismantled barricades put up by the Popular Assembly of the Peoples of Oaxaca (APPO), which has been protesting for five months to press demands for the removal of Oaxaca’s PRI governor, Ulises Ruiz Ortiz.Among the approximately 60 people injured in the violence were photographer Jorge David Jaramillo Velásquez of the El Universal daily, photographers Miguel Dimayuga and Germán Canseco of the weekly Proceso and cameraman Jorge Brindis of the Canal 9 public TV station, who were hit by flying glass or petrol bombs.Jaramillo was hospitalised in a serious condition, but his injuries are not life-threatening, Reporters Without Borders was told. Mario Mosqueda Hernández, a correspondent of the Centro de Medios Libres de México independent news agency was beaten and dragged along the ground by 10 federal policemen during yesterday’s incidents. He has injuries to the head, back and left arm.Gilardo Mota of the local weekly Opinión told Agence France-Presse on 1 November that he was held for 48 hours and was roughed by federal police after being arrested on 30 October while photographing police in action. He was finally released after paying bail of 3,000 pesos (216 euros). On 31 October, police attacked photographer Alberto López Cruz of the local daily Extra and took his camera. The Centro de Medios Libres de México also reported that two Guatemalan journalists went missing yesterday. Help by sharing this information News Receive email alerts May 13, 2021 Find out more Reports Two of the alleged killers of Indymedia cameraman Brad Will (photo) were arrested yesterday but three other suspects are on the run, including the person said to have fired the fatal shot. Reporters Without Borders condemns these blunders, as well as the use of violence in the course of federal police operations in Oaxaca in which seven journalists were among the victims. May 5, 2021 Find out more News NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say April 28, 2021 Find out morelast_img read more

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

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

Man charged with GBH after weekend assault in Derry

May 25, 2021 0 Comments

first_img Google+ Facebook By News Highland – October 24, 2017 Harps come back to win in Waterford WhatsApp WhatsApp Arranmore progress and potential flagged as population grows News, Sport and Obituaries on Monday May 24th A 19-year-old man has been charged with grievous bodily harm with intent and is expected to appear at Derry Magistrates Court on 15 November.The charges follow an assault in Newmarket Street in Derry during the early hours of Sunday 22 October.An 18-year-old woman also arrested in connection with the same incident was released pending a report to the PPS.Meanwhile, detectives investigating a serious assault in the Carnhill area of Derry on Saturday 21st October, in which a woman sustained head injuries, have arrested a 16 year old male youth on suspicion of assault occasioning actual bodily harm, theft, criminal damage, threats to kill and possession of an offensive weapon. He has been taken into custody where he is assisting officers with their enquiries. Man charged with GBH after weekend assault in Derry RELATED ARTICLESMORE FROM AUTHOR Google+center_img Twitter Journey home will be easier – Paul Hegarty Pinterest Previous articleMain Evening News, Sports and Obituaries, Tuesday October 24thNext articleBody recovered from the Foyle in Derry believed to be that of missing man News Highland Facebook Twitter Important message for people attending LUH’s INR clinic Homepage BannerNews Pinterest DL Debate – 24/05/21 last_img read more

Stress: the ultimate cop-out for uncommitted employees

May 12, 2021 0 Comments

first_img Previous Article Next Article Stress: the ultimate cop-out for uncommitted employeesOn 21 Oct 2003 in Personnel Today Comments are closed. Despitebeing a genuine problem for many workers in the UK, we shouldn’t forget thatconcern over the delicate issue of stress is often abused by staff who simplywish to avoid their responsibilitiesWeall seem to be suffering from stress these days. Public sector workers seem tobe more prone to it than those working for private companies. But in both, theincidence is high. Arecent survey by the Chartered Institute of Personnel and Development foundthat 38 per cent of NHS workers, 30 per cent of local government staff and 25per cent of corporate employees find their work either ‘stressful’ or ‘verystressful’.Buthow much of this is more fiction than fact? When they take part in surveys,what do people mean when they say they are ‘stressed’? Do they mean they areactually having to work for their living? What is wrong with that? Perhaps‘stress’ is actually a by-product of many employees’ expectations. What theyreally want is a boss who will give them an easy life. Iknow of many under-performing companies that are regarded by their staff as‘good places to work’. This is simply because they have comfortable jobs andrelaxed bosses. Adifferent management team is brought in – usually because of acquisition – andjobs are reorganised. New management controls are put in place, and employeeperformance targets are introduced. People have to start earning their wages.What is the outcome? Staff who complain of being bullied and harassed by theirbosses and working in a culture of fear, falling ill with stress. Muchof this is plain nonsense. It is entirely a result of new managers having toabolish old working practices for the company to survive.Ofcourse, there is harassment and bullying in the workplace. And the direction ofcorporate change offers greater opportunities for this to happen. Theshift to decentralised and devolved operating structures allows those in chargeto exercise almost total unfettered control over their staff. Still, the abuseof this autonomous authority is very much the exception rather than the rule.It doesn’t account for the 30-plus per cent of workers who feel they arestressed in their jobs.Perhapsa major contributory factor for the high incidence of recorded stress is theattitude of GPs. Many are overworked and stressed themselves. So when facedwith a patient who can’t sleep, can’t concentrate and feels irritable, an easysolution is to diagnose these symptoms as ‘work-related stress’, issue themwith a sick note and recommend they take a few weeks off work.Yet,the patient’s stress could be caused by suspicions of a partner’s infidelity,or anxieties about little Jimmy’s performance at school. Is he being bullied? Theproblem, of course, is that we have no quantifiable, scientific measure ofstress. Instead, we have subjective interpretation.Inthe former Soviet Union, whole factories almost came to a halt because of stafftaking days off work with backache. Why? Because if they complained theycouldn’t work because of backache, there was little anyone could do about it. Andso it is today with stress. If staff complain they are stressed and unable towork, what can either the medical services or employers actually do?Thereis another simple little matter that is often overlooked: stress can be a goodthing. Unless I feel under pressure, I under-perform. I must have adrenalinflowing to be effective in my job. Sowhat is the solution? Obviously, motivational and inspirational leadership cando a lot. People doing the most difficult and challenging tasks can feelcomfortable if they report to leaders with whom they have an open, consultativerelationship. Theyalso need clear personal targets. There is nothing more stressful than workingin a job without any clearly-defined goals. Supportive teams encourageflexibility, work-life balance and problem-solving, which mitigate some of thecauses of what many express as being work-related stress. Wecan help to put all these things into place. But we have to recognise that manywill still use ‘stress’ as a cop-out, and view it as a strategy for reneging ontheir duties as responsible employees. ByProfessor Richard Scase, Author and corporate keynote speaker Related posts:No related photos.last_img read more

UVU Men’s Golf Hosts 25th Annual Golf Classic

May 8, 2021 0 Comments

first_img Brad James FacebookTwitterLinkedInEmailSARATOGA SPRINGS, Utah-Wednesday, Utah Valley University’s men’s golf squad hosted its 25th annual golf classic.At the Talons Cove Golf Club of Saratoga Springs, 136 golfers participated with all proceeds benefiting the Utah Valley University student-athlete scholarship fund.Coaches and student-athletes from all 16 of the Wolverines’ Division I sports were on hand, interacting with Wolverine Club members with games, giveaway tips and encouragement.All told, $37,000 was raised to benefit UVU athletics.The win was earned by foursome Dave Rogers, Aaron Smith, Kurt Merrill and Kevin Ford who netted a team score of 52. Tags: Aaron Smith/Dave Rogers/Kevin Ford/Kurt Merrill/Talons Cove Golf Club/UVU Men’s Golf Classic Written by August 15, 2018 /Sports News – Local UVU Men’s Golf Hosts 25th Annual Golf Classiclast_img read more