Have UK bank stocks like Lloyds and RBS become uninvestable?

first_img Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. Image source: Getty Images Simply click below to discover how you can take advantage of this. 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. “This Stock Could Be Like Buying Amazon in 1997” G A Chester has no position in any of the shares mentioned. The Motley Fool UK has recommended Lloyds Banking Group. 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.center_img 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. The world changed for UK banks after the great financial crisis (GFC) of 2008–09. The taxpayer bailouts of Lloyds (LSE: LLOY) and Royal Bank of Scotland (LSE: RBS), and regulatory changes to guard against it happening again, meant investors had to reassess the prospects and future returns of UK bank stocks.Optimists concluded banks would become safe, utility-like stocks, delivering reliable dividend income. Pessimists concluded the wider responses of governments and central banks to the GFC made the banking sector uninvestable. Here, I’ll discuss these views, and what they might mean for investors in Lloyds and RBS today.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…Utility-like UK bank stocksTen years on from the GFC, Lloyds and RBS finally looked in decent shape. They’d largely paid their penalties for past misconduct. They’d built up the capital buffers required by regulators, and absorbed myriad new compliance costs. They were comfortably passing the Bank of England’s stress tests.Finally, they were profitable again, and had dividend policies they believed were progressive and sustainable. Investors who’d backed them to become safe, utility-like stocks were chuffed.Cyclicality and leverageThe Covid-19 pandemic has put paid to bank dividends for now at the behest of the regulator. In contrast, utilities regulators have made no such demands on the companies they oversee.It’s a reminder that bank stocks can never be quite utility-like. They’ll always be highly geared to the economy. Furthermore, their inherent leverage will always make them riskier than utilities in times of stress. Lloyds and RBS last year had financial leverage of 17.5 times and 16.6 times. For the UK’s three biggest utilities, National Grid, SSE, and United Utilities, leverage was 3.3, 4.3, and 4.2 times.The way I see it, Lloyds and RBS offer a safe, utility-like return when times are good, but higher dividend and financial risk when times are bad.UK bank stocks: another bailout?I’ll put the pessimistic view that the banking sector became uninvestable post-GFC as briefly as I can. The slashing of interest rates, and programmes of massive quantitative easing were a recipe for a bigger crash further down the line. They would artificially inflate asset prices (everything from property to equities), and at the same time allow personal, corporate, and government debt to rise to dangerous and unprecedented levels.The evolution of the post-GFS ’emergency’ unconventional monetary policies into a new norm only hardened the pessimists’ view that what we had was a growing ‘everything bubble’ looking for a pin. When it found it, a collapse in asset values would see banks crash harder than in the GFC. Hello even bigger bailouts and shareholder dilution!Bottom lineI don’t dismiss the big-picture view of the pessimists. Nor the view of Sir John Vickers, one of the architects of the post-GFC banking regime. He’s said in recent years leverage at banks remains “dangerously high.” And he’s questioned the adequacy of capital buffers, and the efficacy of stress tests. He recently told the BBC: “I am not predicting it’s all going to collapse but there are greater risks than there needed to be.”On balance, I’m not convinced a generous stream of dividend income from Lloyds and RBS in the good times is sufficient recompense for the potential risks I see currently facing them. As such, I’m personally avoiding these stocks right now. Have UK bank stocks like Lloyds and RBS become uninvestable? G A Chester | Monday, 1st June, 2020 | More on: LLOY NWG See all posts by G A Chester Enter Your Email Addresslast_img read more

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Khesht-Baf House / Imagearchitects

first_img Khesht-Baf House / Imagearchitects Projects Save this picture!© Mohammad Hossein Hamzeloui+ 39Curated by Hana Abdel Share CopyHousing•Tehran, Iran Year:  Housing Architects: Imagearchitects Area Area of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/934336/khesht-baf-house-imagearchitects Clipboard Area:  912 m² Year Completion year of this architecture project Iran Khesht-Baf House / ImagearchitectsSave this projectSaveKhesht-Baf House / Imagearchitectscenter_img Photographs Photographs:  Mohammad Hossein Hamzeloui, Mohammad Mahdi Sharafatpeima Manufacturers Brands with products used in this architecture project 2018 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/934336/khesht-baf-house-imagearchitects Clipboard ArchDaily “COPY” Manufacturers: Geberit, Hansgrohe, AGT, Agurati, Akhavan, Alborz tile, Faromid, Shoa, Tabriz TileArchitect In Charge:Navid Tavallaie, Armin Shayanpour, Mohammad Mahdi SharafatpeimaClients:Ahmad DamarchaliLandscape:ImagearchitectsExecutive Manager:Elyas damirchiExecutive Team:Amir Hossein Khavas SefatSupervisor:ED.groupMechanical Engineer:Ali ShahbaziElectrical Engineer:Mohammad BaratiCity:TehranCountry:IranMore SpecsLess SpecsSave this picture!© Mohammad Hossein HamzelouiRecommended ProductsEnclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEAMetallicsTECU®Copper Surface – Classic CoatedDoorsGorter HatchesRoof Hatch – RHT AluminiumDoorsC.R. LaurenceCRL-U.S. Aluminum Entice Series Entrance SystemText description provided by the architects. Khesht-Baf building located in west part of Tehran. The architecture of the building was handed over to the IMAGE ARCHITECTS when the construction of the skeleton and concrete was completed. Khesht-Baf 4 floors, two of which are underground and used for swimming pool, gym, parking lot, storage room and mechanical room. The first and second floors are residential units.Save this picture!© Mohammad Mahdi SharafatpeimaSave this picture!First floor planSave this picture!North elevationThe main challenge in this project was to create a space that meets the needs of Iranian life for two brothers living a modern life in a pre-constructed building with a strange and immaculate body. In the first phase, separating the interior and exterior portions, spaces were provided for the activities of the two families in the roof garden, backyard and pool and gym. In addition, spatial separations within each unit were attempted to create a hierarchy and privacy.Save this picture!© Mohammad Hossein HamzelouiOne of the things to do in this regard is to add movable partitions inside the unit that separate the living and dinning room space. These panels increase the flexibility of the space for the user to make the space smaller or larger depending on the requirements and capacity. Keeping privacy with surrounding buildings on the one hand and the view of the local park on the other made it difficult to decide on the extent and type of facade openings.Save this picture!© Mohammad Hossein HamzelouiTherefore, curved panels were designed for the building’s facade, with parametric patterns that feature openings that limit the visibility of the street into the rooms while enhancing the visibility of the interiors to the green space on the west side of the building. This visual control induces a sense of security and a sense of relaxation in the spaces. In addition to the fundamental foundations of Iranian beliefs and customs, this privacy is also based on the principles of climate.Save this picture!© Mohammad Hossein HamzelouiCreating lattice parametric shells can provide the needed heat in the winter, but annoying sunlight in the summer can’t get in the room. In addition, the city’s visual pollution filter was also a target controlled by brick panels. The framing of the view from the inside out as well as the fluidity of the parameter expanded frame and  patterns make the viewer experience a dynamic view. In addition to the popular design issues, the need for a quick start-up of the construction and economic issues made the panels and architectural elements of the building modular.This increased the speed of operation of the building.Save this picture!© Mohammad Hossein HamzelouiProject gallerySee allShow lessGreen Concept House / YANG DESIGNSelected ProjectsCasa Cook Kos Hotel / Mastrominas ARChitectureSelected ProjectsProject locationAddress:Shahrak-e Gharb, District 2, Tehran, Tehran Province, IranLocation to be used only as a reference. It could indicate city/country but not exact address. Share “COPY” CopyAbout this officeImagearchitectsOfficeFollowProductBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingTehranOn FacebookIranPublished on February 25, 2020Cite: “Khesht-Baf House / Imagearchitects” 25 Feb 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogBathroom AccessorieshansgroheBath & Shower ThermostatsGlass3MGlass Finish – FASARA™ NaturalPartitionsSkyfoldVertically Folding Operable Walls – Mirage®WindowsVitrocsaSliding Window – Mosquito NetSinksBradley Corporation USASinks – Verge LVG-SeriesMetal PanelsTrimoQbiss One in Equinix Data CentreSignage / Display SystemsGoppionDisplay Case – Q-ClassMetal PanelsLongboard®Aluminum Battens – Link & Lock – 4″Sports ApplicationsPunto DesignPunto Fit in Ekaterinburg Public SpaceWoodBlumer LehmannFree Form Structures for Wood ProjectsKnobsKarcher DesignDoor Knob K390 (50)TablesVitsœ621 Side TableMore products »Save想阅读文章的中文版本吗?Khesht-Baf德黑兰私宅,将预制别墅改为伊朗民居 / Imagearchitects是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

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New leadership fundraising training in N Ireland

first_img  68 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis2 Howard Lake | 11 July 2017 | News New leadership fundraising training in N Ireland Tagged with: leadership Training CO3, in partnership with consultants Roger Courtney and Karen Gallagher, has developed a suite of training programmes focused on building the income generation capacity of leaders within the third sector.CO3 says the training is relevant to those who have responsibility for generating income within their organisation.  The course has been developed for Trustees, Chief Executives and Senior Managers who want to deepen their expertise and widen the range of income generation sources available to them.  The training will include the:·       Sharing of experiences, lessons learnt and practical tips from a range of experienced fundraisers·       Perspectives from a range of funders which will strengthen future fundraising applications·       Views from the corporate sector on developing compelling cases for strategic partnerships, funding and sponsorshipParticipants can register for all nine modules at a cost of £995 or register for individual modules at  a cost of  £130. Each module is a full day of training and will take place at CO3’s offices (34 Shaftesbury Square, Belfast, BT2 7DB). The first module will be on 12th October.CO3 is a membership-based organisation that focuses on supporting, developing and connecting Third Sector leaders in Northern Ireland.Guide to leading successful fundraising teams published (28 July 2017)  67 total views,  1 views today Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis2 About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

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Miller’s floater at the buzzer gives Horned Frogs win over Cowboys

first_imgWomen of Empowerment Organization provides ‘inclusion and support’ printA basket as time expired made sure that a historic night for TCU ended with a win. With just 0.3 seconds remaining, the ball left forward JD Miller’s hands and met the net to break the Frogs’ two-game losing streak and continue their perfect record at home in Big 12 play with a 70-68 win.The Horned Frogs played a stronger offensive game in the first half, shooting 50 percent from the three-point line on nine makes. After coming off of a five-point game against Baylor, Desmond Bane led the team with 26 points and joined guard Alex Robinson with 1,000 career points. TCU guard Desmond Bane pulls up from the three-point line in the first half. Photo by Cristian ArguetaSoto“Everybody on the team can score, it just happened to be my turn tonight,” Bane said. “I got a lot of good open looks in the first half, and I was able to knock them down.” The assist that helped Bane get his 1,000th career point put Robinson one step closer to breaking the all time assist record at TCU. With 583 assists, the senior broke Corey Santee’s 14-year record of 575. TCU guard Alex Robinson and forward JD Miller exit the Walsh Family Court with an all time school record and the first time buzzer beater under Coach Jamie Dixon. Photo by Cristian ArguetaSoto“It’s a really cool accomplishment, but JD stole the show, that was amazing, that probably made me the happiest today,” said Robinson. Robinson ranks fifth in the nation for assists with an average of 7.3 per game. The senior finished with 11 assists against the Pokes. ROklahoma State had three players score in double digits as forward Yor Anei finished a career night with 20 points. “At this point, I don’t really care about the career high, it’s all about the wins and losses,” Anei said. Likewise for the Frogs, career nights by Bane and Robinson were just some of the key aspects that led to the win. Defensively, forward Kouat Noi led the team with six defensive rebounds, and center Kevin Samuel followed behind with five. Head coach Jamie Dixon credited Bane and Noi for growing their skills on defense and defending on the perimeter. The Horned Frogs entered the locker room with an 11-point lead but would fall behind by as much as seven in the second half as OSU roared back to life.“We got a lot of our goals, but, simply put, they made plays around the basket and we didn’t,” Dixon said. “I think that was probably the biggest difference and why they came back and why it obviously came down to the wire.” Head coach Jamie Dixon said his team needs to finish games stronger to close out the season. Photo by Cristian ArguetaSotoThe Horned Frogs built off of the energy in Schollmaier Arena and managed to use that momentum to take a 68-65 lead with 24 seconds left. The Cowboys tied it up after a Thomas Dziagwa 3-pointer with five seconds left. In the end, it would be a Miller coast-to-coast contested floater that gave the Horned Frogs the win.  “It swings momentum in our favor,” Robinson said of the win. “Any play like that, any game like that really. We needed it with our two losses back to back. I think it was really big for us going on the road on Saturday.”Looking ahead, TCU will travel to Ames, Iowa to take on No. 17, Iowa State at 1 p.m.  Professors hope to make comic books more relevant on campus Twitter Linkedin Linkedin + posts Twitter Olivia Moodyhttps://www.tcu360.com/author/olivia-moody/ ReddIt Chicken wings are the Super Bowl champs Another series win lands TCU Baseball in the top 5, earns Sikes conference award Olivia Moodyhttps://www.tcu360.com/author/olivia-moody/center_img Facebook Women’s Track and Field adds plethora of new talent to roster ReddIt Born and raised in Denver, Colorado, Olivia was ready to head out of state to follow her passion for journalism. After making the dance team at TCU, this school became the perfect place for her to follow her passion for journalism and her love for dance. Journalism has carried over into her personal life with her recent blog “Liv Greatly.” Using her minor in criminal justice, Olivia’s end goal is to become an investigative reporter. Olivia Moody TCU rowing program strengthens after facing COVID-19 setbacks Olivia Moodyhttps://www.tcu360.com/author/olivia-moody/ Olivia Moodyhttps://www.tcu360.com/author/olivia-moody/ Previous article#CarterBoys19 fills needs, adds speed to Horned FrogsNext articleSorority fashion show to raise money to fight domestic abuse Olivia Moody RELATED ARTICLESMORE FROM AUTHOR Facebook TCU baseball finds their biggest fan just by saying hellolast_img read more

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Radio reporter stabbed while working on corruption story

first_img News Help by sharing this information June 23, 2020 Find out more News RSF_en Reporters Without Borders firmly condemns an attempt to murder radio reporter Leoneto da Cruz Goncalves, who was seriously injured when two men on a motorcycle stabbed him outside the Anti-Corruption Commission’s office in the district of Farol, in the capital, Dili, two days ago.Goncalves works for Radio Rakambia, a station that covers politics and business and campaigns for social justice, development and media freedom.Reporters Without Borders urge investigators to take account of Goncalves’ work as a journalist and, in particular, the possibility that the attack was linked to the corruption story he was doing at the time.After the attack, which took place at around 5:45 a.m., Goncalves sought help in the neighbourhood where Radio Rakambia is located. He was then admitted to Guido Valadares Hospital, where he underwent surgery to three stab wounds to the abdomen. The police were quick to start an investigation but are still in the dark about the motive.East Timor is ranked 86th out of 179 countries in the 2011/2012 Reporters Without Borders press freedom index. Organisation Opposition militants raid Timor-Leste TV and radio Receive email alerts News Follow the news on Timor-Lestecenter_img August 13, 2012 – Updated on January 20, 2016 Radio reporter stabbed while working on corruption story News Timor-LesteAsia – Pacific to go further November 7, 2013 Find out more RWB welcomes creation of press council and code of ethics Draconian bill would criminalize defamation in Timor-Leste Timor-LesteAsia – Pacific June 30, 2006 Find out morelast_img read more

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Copies of several newspapers confiscated

first_img Organisation Help by sharing this information RSF_en Newscenter_img May 16, 2011 – Updated on January 20, 2016 Copies of several newspapers confiscated Copies of the independent daily Akhbar Al-Youm that were to have been distributed in the southern region of Dhamar were confiscated by government supporters at a checkpoint. Security forces also seized copies of the pro-opposition daily Al-Qadiya, preventing its distribution in the southern governorate of Aden. Copies of Al-Yaqeen were previously seized at a checkpoint at the Dar Saad entrance of Aden. last_img read more

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More Heathrow flights announced

first_img Previous articleWinning recipeNext articleYear long show by LCFE Photography students Bernie Englishhttp://www.limerickpost.ieBernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news. Shannon Airport’s resurgence got another boost this week with the announcement by Aer Lingus that it is to increase capacity on Heathrow by 20%.The airline will restore the Airbus 320 to the service, replacing the A319, which will add 25,000 seats for the winter season alone.Sign up for the weekly Limerick Post newsletter Sign Up Welcoming the announcement, Shannon Group plc CEO Neil Pakey said,  “We have been in communication with Aer Lingus for some time to restore the A320 on the service and are delighted that they have done this.“We have 35 destinations across 11 countries this year and this additional capacity on Heathrow is a real early summer season boost for us and our passengers.  It endorses Aer Lingus’ commitment to the region and the airport, following on from their expansion of the Shannon Boston service from a 757 to a 767 aircraft from June to September this year.“The increase in Heathrow capacity will give us an additional 25,000 seats for the winter season on Heathrow and Aer Lingus have also added 1,300 seats on its Lanzarote service.“We look forward to partnering with Aer Lingus on making the expansion a real success. Heathrow is a hugely important route for this region as Shannon is the only airport on the entire western seaboard with services to Europe’s busiest hub.  This extra capacity keeps us on a growth path again this year.” Predictions on the future of learning discussed at Limerick Lifelong Learning Festival TAGSAer LingusfeaturedflightsHealthrowlimerickShannon Print Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Twitter NewsBreaking newsMore Heathrow flights announcedBy Bernie English – May 25, 2015 736 Limerick’s National Camogie League double header to be streamed live Vanishing Ireland podcast documenting interviews with people over 70’s, looking for volunteers to share their stories center_img Linkedin WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Limerick Ladies National Football League opener to be streamed live WhatsApp RELATED ARTICLESMORE FROM AUTHOR Email Advertisement Facebooklast_img read more

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Suu Kyi detention extended as protests continue in Myanmar

first_img Pinterest Anti-coup protesters take a selfie while posing in front of an armored personnel carrier deployed outside the Central Bank of Myanmar building in Yangon, Myanmar on Monday, Feb. 15, 2021. Myanmar’s military leaders have extended their detention of deposed leader Aung San Suu Kyi, whose remand was set to expire Monday and whose freedom is a key demand of the crowds of people continuing to protest this month’s military coup. Facebook Suu Kyi detention extended as protests continue in Myanmar Local NewsBusinessUS NewsWorld News Facebook Previous articleMcDowell beats 100-1 odds for upset Daytona 500 victoryNext articleValor Compounding Pharmacy™ is Committed to Serving More Patients with Licenses in 14 States Digital AIM Web Support WhatsAppcenter_img Twitter By Digital AIM Web Support – February 15, 2021 Twitter Pinterest TAGS  WhatsApplast_img read more

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Fannie Mae Offers Largest Delinquent Loan Sale to Date

first_img The Best Markets For Residential Property Investors 2 days ago January 12, 2016 3,967 Views Fannie Mae Offers Largest Delinquent Loan Sale to Date The Best Markets For Residential Property Investors 2 days ago 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. About Author: Brian Honea Bids are due for the four larger pools on February 3, while bids are due for the Community Impact Pool on February 18. Qualified bidders must meet FHFA’s guidelines, which include offering a “waterfall” of resolution tactics to the delinquent borrowers and exhausting all loss mitigation possibilities before proceeding with foreclosure. The loans offered in Fannie Mae’s NPL auctions are deeply delinquent, sometimes by as many as one, two, or three years, meaning many of them are either in some stage of loss mitigation or are in foreclosure.Fannie Mae’s previous three bulk NPL auctions, all executed in 2015, have resulted in the sale of approximately 13,900 deeply delinquent, non-performing loans totaling approximately $2.73 billion in UPB. In April 2015 when Fannie Mae made the announcement that it would be conducting bulk NPL auctions, Cianci said, “These transactions are intended to reduce the number of seriously delinquent loans that Fannie Mae owns, to help stabilize neighborhoods, and to offer borrowers access to additional foreclosure prevention options. Our goal is to market these loans to a diverse range of buyers.”The most recent Fannie Mae NPL sale was completed in November and included 7,000 loans sold in three pools, totaling $1.24 billion in UPB.  Fortress (New Residential Investment Corp.) was the winner for two of the pools and Goldman Sachs (MTGLQ Investors, L.P.) was the winner of the other.For a fact sheet about Fannie Mae’s NPL sale announced Tuesday, click here. For more information about Fannie Mae’s NPL sales, click here. “These transactions are intended to reduce the number of seriously delinquent loans that Fannie Mae owns, to help stabilize neighborhoods, and to offer borrowers access to additional foreclosure prevention options.”Joy Cianci, Fannie Mae Previous: Foreclosure Inventory Down to One-Third of its Peak Next: Home Purchase Loans Are Becoming Less Risky Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Tagged with: Deeply Delinquent Loans Fannie Mae Non-Performing Loans NPL Sales Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Home / Daily Dose / Fannie Mae Offers Largest Delinquent Loan Sale to Date Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post in Daily Dose, Featured, Loss Mitigation, News Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Deeply Delinquent Loans Fannie Mae Non-Performing Loans NPL Sales 2016-01-12 Brian Honea Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago As part of the Federal Housing Finance Agency’s directive to excise non-performing loans (NPLs) and deeply delinquent loans from its residential mortgage portfolio, Fannie Mae announced on Tuesday its first bulk NPL sale by auction of 2016 and fourth overall.The NPL offering announced Tuesday (FNMA 2016-NPL1) includes 6,700 loans totaling $1.35 billion in aggregate unpaid principal balance (UPB), making it the largest Fannie Mae NPL sale of the four in terms of UPB. The previous largest was $1.24 billion in November 2015.Fannie Mae’s most recent offering includes four larger pools and a Community Impact Pool (FNMA 2016-CIP1), a geographically-focused, high occupancy pool that is marketed to encourage participation from smaller investors, non-profits, and minority- and women-owned businesses in the bidding. The Community Impact pool is focused in Miami and includes 60 loans totaling $14.5 million in UPB. It will be Fannie Mae’s second sale of a Community Impact Pool; the first occurred in August 2015, when non-profit New Jersey Community Capital purchased a pool of 75 loans for $11 million.“We are pleased to be offering our second Community Impact Pool sale, which will provide these borrowers with additional options to avoid foreclosure, while reducing the number of seriously delinquent loans that we own,” said Joy Cianci, Fannie Mae’s SVP for Credit Portfolio Management. “We will continue to structure pool sales to encourage participation by non-profits and minority- and women-owned businesses.”last_img read more

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What’s Happening With Single-Family Rentals?

first_img Related Articles Servicers Navigate the Post-Pandemic World 2 days ago May 16, 2018 2,017 Views  Print This Post 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] in Daily Dose, Featured, Investment, Journal, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / What’s Happening With Single-Family Rentals? About Author: David Wharton The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago What’s Happening With Single-Family Rentals? Sign up for DS News Daily Subscribecenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: Michael R. Bright Nominated to Head Ginnie Mae Next: Mulvaney: CFPB to Enforce, ‘Not Become the Law’ Demand Propels Home Prices Upward 2 days ago CoreLogic rental investments Single Family Rental Single-Family Rental Index 2018-05-16 David Wharton Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Tagged with: CoreLogic rental investments Single Family Rental Single-Family Rental Index Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Single-family rents have been climbing steadily since 2010, but the latest edition of the CoreLogic Single-Family Rental Index (SFRI) also shows year-over-year (YOY) rent growth also continuing to decelerate in February 2018. That slow deceleration has been the norm since single-family rents peaked at 4.2 percent in February 2016.”Single-family rents continued to increase in February, but the rate of increase slowed from a year ago, particularly for low-end rentals,” said Molly Boesel, Principal Economist for CoreLogic. “The slowdown in growth may signal that rents are beginning to stabilize on the low end.”According to CoreLogic’s SFRI, which “analyzes single-family rent price changes nationally and among 20 metropolitan areas,” national rents increased 2.8 percent in February 2018, compared to an increase of 2.5 percent in February 2017. “Low rental home inventory, relative to demand, fuels the growth of single-family rent prices,” CoreLogic reported.CoreLogic’s SFRI reports that high-end rentals (defined as properties with rent prices greater than 125 percent of a region’s median rent) increased 2.4 percent year-over-year, up from a gain of 1.4 percent in February 2017. On the low-price end of the spectrum (properties with rent prices less than 75 percent of the regional median), rent prices increased by 3.7 percent in February 2018, down from a gain of 4.5 percent in February 2017.Which of the top 20 metros featured the highest year-over-year rent growth for February? That would be Sin City—Las Vegas, Nevada—where single-family rents increased by 5.3 percent YOY. Next in line was Orlando, Florida, which featured a YAY SFR rent growth of 4.8 percent and then Phoenix, Arizona at 4.4 percent.Both Orlando and Phoenix benefited from employment growth during that period as well, featuring growth rates of 3.7 percent and 3.1 percent YOY, respectively. The national employment growth average was 1.4 percent, according to data from the United States Bureau of Labor Statistics.Honolulu, Hawaii, was the only metro to see a YOY decrease in rent prices, dropping by 0.5 percent since February 2017 and continuing a downward trend the metro has experienced for three months straight.CoreLogic also noted rent price increases in the Houston metro, which is still recovering from last year’s damaging hurricane season. Houston experienced 2.7 percent rent growth YOY in February, compared to 1.2 percent in October 2017. The Best Markets For Residential Property Investors 2 days agolast_img read more

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