The Growth of Real Estate Investment Trusts

first_imgHome / Daily Dose / The Growth of Real Estate Investment Trusts Demand Propels Home Prices Upward 2 days ago  Print This Post The Growth of Real Estate Investment Trusts Servicers Navigate the Post-Pandemic World 2 days ago About Author: Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Fannie Mae Fredie Mac REIT Risks 2019-05-28 Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Government, Investment, Loss Mitigation, News 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. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Real estate investment trusts (REIT) are growing rapidly, according to The Wall Street Journal’s Ben Eisen. Real-estate investment trusts that buy residential home loans increased their mortgage-bond portfolios by almost 28% to $308 billion over the 12 months through March, the largest stockpile in six years, and according to Eisen, are poised to continue to grow as the government’s housing market role shrinks.Though these firms are small compared to the mortgage market as a whole, Eisen notes that some analysts express concern that they are putting more of the mortgage market into the hands of leveraged firms with minimal oversight, noting that some risky REITs went bust during the last financial crisis. However, some suggest that REITs make up an optimal backbone for the mortgage market, leveraging less risk than before the financial crisis and able to quickly raise and deploy money when they see an opportunity.“If you want to have more private capital in the market, you need to manage the risks,” Calvin Schnure, SVP for Research and Economic Analysis at Nareit, told the Journal. “Mortgage REITs hedge all of those risks.”REITs have been buying mortgages traditionally within the domain of Fannie Mae and Freddie Mac, putting them into private mortgage bonds, while also buying securities from Fannie Mae and Freddie Mac that transfer default risk associated with the mortgages they back.Shrinking the Federal Footprint As part of the Federal Housing Finance Agency’s (FHFA) plan to shrink the government’s footprint in the mortgage market, FHFA Director Mark Calabria is looking to take Fannie and Freddie out of conservatorship.“I see my goal as setting a path to end the conservatorship” for the companies, he said in an interview with Wall Street Journal, adding that “they have to be stronger, healthier companies” compared to before the 2008 housing crisis.“My objective is to get us to a spot where we don’t have to worry about the system blowing itself up,” he continued.Among Calabria’s concerns is the “qualified mortgage patch,” which allows more highly leveraged homebuyers to obtain Fannie and Freddie-eligible mortgages. Patch usage has grown in the last few years, and according to Calabria, changing the patch would be a key tool to shrink Fannie and Freddie without a full overhaul, though he states that he does not intend to do away with it entirely.“I can draw Fannie and Freddie a map,” he said. “Fannie and Freddie are going to have to be the ones who meet the mileposts.”Calabria stated that he is awaiting completion of plans ordered by President Donald Trump to refashion the mortgage system, set to be completed around June. Related Articles The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: Fannie Mae Fredie Mac REIT Risks Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe May 28, 2019 3,563 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Previous: JPMorgan’s Jamie Dimon on Wells Fargo’s CEO Search Next: How Is Debt Impacting Owning a Home? Sign up for DS News Daily Demand Propels Home Prices Upward 2 days agolast_img read more

Women paid less than men – but they are happier

first_img Previous Article Next Article Women paid less than men – but they are happierOn 21 Aug 2001 in Personnel Today Women are happier in their jobs than men, despite earning less money,according to research by the Abbey National. The survey of 636 working parents in a variety of UK companies shows thatmore than a quarter of women claim they are extremely happy at work incomparison to only 18 per cent of men. However, the building society’s research also shows that women earn around£100 less per week than men, who take home £440.70 on average. Only 37 per centof the women questioned are likely to be paid for overtime, whereas more thanhalf of men are. Despite enjoying their work, it is still women who give up their careers to becomefull-time carers. Three per cent of men and 26 per cent of women leave work tolook after children. Women are also more likely to take time off when theirchildren are ill, with 52 per cent missing a day compared to just 9 per cent ofmen. An Abbey National spokesperson said, “We like to think we are movingcloser to equality, but it is still some way off. What’s interesting is thatdespite the disparities, women are still happier with their work life than men. Related posts:No related photos. Comments are closed. last_img read more

February 15, 2003 News and Notes

first_imgFebruary 15, 2003 News and Notes February 15, 2003 Regular News Romney C. Rogers, of Rogers, Morris & Ziegler, Ft. Lauderdale, has been elected chair of the Greater Fort Lauderdale Chamber of Commerce for 2003. Hal H. Kantor, of Lowndes, Doster, Drosdick, Kantor & Reed, has been re-elected to the presidency of the board of directors of the Orlando Museum of Art. Joel W. Walters, of Walters Levine Brown Klingensmith & Thomison, P.A., Sarasota, presented the topics of “Overview of Florida Construction Lien Law” and “Companion Legislation” as part of the continuing education seminar “Construction Lien Law in Florida.” Susan B. Harwood, of Boehm, Brown, Fischer, & Harwood, P.A., Orlando, presented “The Seven Lessons of Extra Expense” at an American Bar Association/Tort Trial and Insurance Practice seminar, “Business Interruption and Related Claims in the Wake of 9/11,” held in New York City. Mary Edenfield, a partner with Mateer & Harbert, P.A., Orlando, spoke at a seminar sponsored by Sterling Education Services regarding recent developments in employment law, including an update on the laws concerning Wages and Hours and the Family & Medical Leave Act. I. Paul Mandelkern, of Lowndes, Drosdick, Doster, Kantor & Reed, has been re-elected to the board of directors of the Florida Academy of Health Care Attorneys. Mildred Beam, a shareholder with Mateer & Harbert, P.A., Orlando, spoke at the Florida State Medical Association’s annual meeting. Her presentation addressed the reduction liability exposure through improved quality, fraud and abuse concerns for physicians, and elements of the Health Insurance Portability and Accountability Act. Diana Santa Maria, of Diana Santa Maria, P.A., Ft. Lauderdale, spoke on the topic of “Depositions” at The Florida Bar “Practicing with Professionalism” seminar in Deerfield Beach. Orlando J. Cabrera, a partner of Holland & Knight, LLP, Miami, has been elected by the board of directors of the Florida Housing Finance Corporation, to serve as chair of the board. James W. Patton, general counsel to New England Tech, West Palm Beach, was presented the 2002 Robert I. Townsend Award for “Member of the Year” by the American Corporate Counsel Association. Michael F. Hancock, of Hancock & Hancock, P.A., Tampa, has been certified by the Florida Supreme Court as a circuit court mediator. David A. Danielson, of Danielson, Clarke, Charbonneau & Platt, P.A., West Palm Beach, was presented the 2002 Workers’ Compensation Outstanding Lifetime Achievement Award by the Friends of 440 Scholarship Fund. Jordan Serlin has been named chief operating officer of MetroGuide.com, Inc., an online firm that combats digital copyright piracy. Glenn S. Miller has been named director of statistical finance at MetroGuide.com, Inc., an online firm that combats digital copyright piracy. David M. Doney, a shareholder with Fowler White Boggs Banker, Tampa, has been elected to The Salvation Army Advisory Board for a three-year term. Ira H. Leesfield was the first in Florida to be honored by the Florida Region of American ORT, with the American ORT Jurisprudence Award. Stuart J. Levine, of Walters Levine Brown Klingensmith & Thomison, P.A., Sarasota, presented the topics of “Interplay Between Construction Contract Documents and Lien Rights,” “State Public Construction Bonds,” and “Private Construction Bonds” as part of the continuing education seminar “Construction Lien Law in Florida.” Michael R. Vaughn has accepted a commission as a Lieutenant in the United States Coast Guard, where he will first serve as military justice in the command and operational law branch. Eric T. Salpeter of Zebersky & Payne, LLP, Hollywood, presented the subject of “Current Effects of the Collateral Source Statute 768.76” at a seminar given by the Academy of Florida Trial Lawyers, in Ft. Lauderdale. Gregory A. Chaires of Webster & Partners, P.L., Winter Park, has authored a chapter in the 4th edition of Florida Corporate Practice Mergers, Share Exchanges, and Sales of Assets as well as a chapter in The Florida Healthcare Professional’s Medico Legal Guide 2002. Scott L. Glazier, of Glazier & Glazier, P.A., Jacksonville, presented “LLCs as Start-up Entities” and “Fiduciary and Management Issues for LLCs” at a Lorman Education Services seminar in Jacksonville. Sharon Quinn Dixon and Sharon Lee Johnson, shareholders with Stearns Weaver Miller Weissler Alhadeff & Sitterson, P.A., with offices in Miami, Tampa, and Ft. Lauderdale, presented a breakfast seminar in Miami entitled “Are You Hip? Implementation of Employee Health Information Privacy Rules Under HIPAA.” Joseph McSorley, of Shutts & Bowen, LLP, West Palm Beach, spoke at the National CLE Conference in Colorado, on the topic of “Getting Paid Without Getting Shafted: Protecting Attorney Fees from the Fraudulent Transfer Statute.” Robert H. Traurig, a founder of Greenberg Traurig, LLP, received the Friend of Israel Humanitarian Award at the The Greater Miami Jewish Federation’s Cornerstone Dinner in Miami Beach. Lee E. Nelson, of Williams Schifino Mangione & Steady, P.A., Tampa, presented “An Overview of Commercial Lending” at the “Commercial Lending In Florida” seminar held in Tampa. Robert W. Martin, Jr., vice president of Florida Lawyers Insurance Company presented “21 Ways to Avoid 21st Century Malpractice Claims and Ethical Violations,” at the Palm Beach County FAWL Luncheon in West Palm Beach. Martin E. Segal, of counsel with Sacher, Martini & Sacher, P.A., Coral Gables, has authored a new book titled, The Business Law Survival Guide–Defusing 101 Legal Time Bombs that Can Sabotage a Commercial Transaction. Bruce D. Lamb, of Ruden, McClosky, Smith, Schuster & Russell, P.A., with offices in Tampa, addressed new physicians at Tampa General Hospital at the hospital’s seminar, “Economic and Personal Realities of Entering Practice.” Cynthia Crofoot Rignanese, of the Law Offices of J. Kelly Kennedy, Winter Haven, presented a seminar on the topic of probate, wills, and trusts entitled “You Can’t Take it With You,” at Beta Sigma Phi–Wellington, Winter Haven Chapter. Frederick W. Leonhardt, a shareholder with GrayHarris, Orlando, has been appointed by Gov. Jeb Bush to the board of directors for Enterprise Florida, Inc., a partnership between business and government leaders. Henry T. Sorensen II, general counsel for Gulf Coast Title Closings and Escrow Services, Inc., Palm Harbor, has been appointed to the advisory board to the Center for Real Estate Studies at the University of Florida’s Warrington College of Business. Antonio C. Castro, an associate with Boies, Schiller & Flexner, LLP, Miami, has been re-elected to serve on the board of directors of the Cuban American Bar Association. Michael C. Gongora, of Miami Beach, has been appointed to serve on the Design Review Board for the City of Miami Beach for 2003. He has also been appointed by the City of Miami to serve on the Code Enforcement Board for 2003. Theodore Deckert, Pamela Moody, and Robin Rosenberg, of Alternative Resolution Consultants, West Palm Beach, recently spoke at a seminar on the topic of “When is Mediation Appropriate?” Roberto Villasante chaired the Mealey Publication Conference “Thimerosal-Containing Vaccines” in West Palm Beach. Villasante, co-chair of the Vaccine Litigation Group for ATLA, spoke on the topic of “Statute of Limitations in Vaccine and Civil Courts.” Thomas E. Streit, of Akerman Senterfitt, West Palm Beach, served as co-chair with his wife, Chris Streit, for the Morikami Museum and Japanese Gardens’ “Gateway to Peace Gala,” in Delray Beach. Karen Gatto, a program attorney with the Sixth Judicial Circuit, Clearwater, has been named senior deputy court administrator, and will oversee the administrative operations of Pinellas County’s prototype Unified Family Court. Ian Illych Martinez, an attorney at Rumberger, Kirk & Caldwell, Miami, wrote an article that was published in the December 2002 edition of Third World Quarterly, a journal of scholarship and policy in the field of international studies. David C. Self II, of West Palm Beach, has been named to the Palm Beach County Sports Commission, by Palm Beach County Commissioner Addie L. Greene. Rudy Gomez, of Allen, Norton, & Blue, P.A., Miami, has been appointed to the board of directors of the Rotary Club of Coral Gables. Alan L. Gabriel, of Katz, Barron, Squitero & Faust, P.A., with offices in Ft. Lauderdale and Miami, spoke at the Zoning and Land Use in Florida seminar, sponsored by Lorman Educational Services, on the topic entitled “So, You Have Secured All of Your Approvals?” Theodore J. Leopold, of Ricci, Leopold, Farmer & McAfee, P.A., West Palm Beach, has been elected to the board of directors of the Attorneys Information Exchange Group, Inc. Leopold also spoke at two seminars. One seminar, in Ft. Lauderdale, was entitled “The Art and Science of Persuasion” where he spoke on the topic of “Core Values and Punitive Damages: Getting the Right Reaction.” At the other seminar, held in West Palm Beach, he spoke to the Early Childhood Development class at Forest Hill High School on the topic of “Safety Seats for Children.” William W. Corry, of the Law Offices of William W. Corry, P.A., Tallahassee, has been elected to the Vestry of St. Paul’s Episcopal Church in Quincy. Bruce Blitman, of Ft. Lauderdale, has collaborated with online CLE provider, Taecan.com, to create an online mediation course for CLE credit entitled “Mediation Matters: Benefits of Mediation, Conflict Resolution Styles, and the Continuum of Alternative Dispute Resolution Processes.” The course is divided into two parts, “Mediation in Florida” and “Tempering the Tempers: Conflict Resolution Skills for Busy Professionals.” Patrick Muldowney, of Akerman Senterfitt, Orlando, addressed business owners, managers, and professionals at a seminar on the topic of “Time Off: State and Federal Laws on Employee Leave, Vacations, and Holidays in Florida.” Norman Leopold, a partner with Leopold, Korn & Leopold, P.A., Aventura, has been re-elected president of the Southeast Council for the Union of American Hebrew Congregations to a two-year term. Darby Dickerson, Stetson University College of Law Professor and vice dean, released the second edition of the ALWD Citation Manual: A Professional System of Citation at the winter meeting of the American Association of Law Schools in Washington, D.C. Wm. Andrew Haggard, senior partner of Haggard, Parks, Haggard & Bologna, P.A., Coral Gables, has been re-appointed by Gov. Jeb Bush to the Florida State University Board of Trustees. Latour & Lleras, an Internet firm that does about 15 percent of its business in Florida, has received the 2002 Inc. Magazine Web Award. T. Grey Squires, a shareholder with Killgore, Pearlman, Stamp, Ornstein & Squires, P.A., Orlando, has been re-elected to a second term as president of the Adult Literacy League, a nonprofit organization dedicated to affecting community-wide change by improving individual literacy skills and increasing literacy awareness. Howard B. Lenard, of North Miami Beach, has been honored with a “key to the city” for his contribution to the cause of equitable treatment for Haitian immigrants.last_img read more

Rebels shutout Rockets to grab early lead in Kootenay Finals

first_imgConnor Beachamp backstopped a stingy Rebel defence that allowed only 20 shots to register the win in goal.Kody Dishers scored twice, one marker coming in the first period on the power play, while Diego Bartlett and Darren Medeiros added singles to lead the Rebels.Castlegar, scoring three third-period goals to complete the rout, out shot the Rockets 34-20.Game two is Saturday in Castlegar. Game time is 7:30 p.m.In the Okanagan Conference, Osoyoos Coyotes continued their upset ride knocking off top seed North Okanagan 6-2 Friday in Armstrong.Game two is Saturday back in the North Okanagan City. Many experts have said the Murdoch Division is the toughest in the Kootenay International Junior Hockey League to win.The Golden Rockets realized the toughness first hand after the Castlegar Rebels didn’t skip a beat despite ending a seven-game slugfest against Beaver Valley Wednesday and bounced the Eddie Mountain Champs 4-0 in Game one of the Kootenay Conference Final Friday in the Sunflower City.last_img read more

Half-time: Fulham 0 Sheffield United 0

first_imgRyan Tunnicliffe hit the bar as Fulham struggled to find a breakthrough against Sheffield United in the first half of their Capital One Cup second round tie.The midfielder, who replaced the absent Jamie O’Hara as one of three changes, smashed a half-volley against the woodwork from distance on 12 minutes.The hosts had an early scare when Martyn Woolford, one of 10 changes for the Blades, forced Andy Lonergan to tip a long-range shot round his left-hand post.But the Whites enjoyed a 15-minute spell of dominance that included Tunnicliffe’s effort and saw Moussa Dembele almost find the far corner with a low shot from an acute angle.United had two further efforts that Lonergan saved before the break, with Marc McNulty forcing the keeper quickly down to his right to stop a firm effort.Manager Kit Symons handed new signing Tim Ream his debut in place of the injured Shaun Hutchinson, while an illness kept out O’Hara and Tom Cairney dropped to the bench to give Ben Pringle a start.Fulham (4-2-2):Lonergan; Richards, Ream, Burn, Voser; Kacaniklic, Tunnicliffe, Christensen, Pringle; McCormack, DembeleSubs: Lewis, Bodurov, Cairney, Woodrow, Hyndman, Kavanagh, ColeFollow West London Sport on TwitterFind us on Facebooklast_img read more

Draymond Green says Damian Lillard’s game winner isn’t a bad shot

first_imgKlay Thompson subscribes. You can too for just 11 cents a day for 11 months + receive a free Warriors Championship book. Sign me up!OAKLAND – If he wasn’t already busy locking down his opponents with intensity and trash talk, Draymond Green would also have a calling for another high profile job. He would be one interesting and honest NBA analyst perfect for the sports talk show circuit.The first topic: Green’s reaction on Oklahoma City forward Paul George saying that Portland guard and …last_img

A’s sting Rays on Matt Chapman’s ninth-inning home run

first_imgOAKLAND — Matt Chapman delivered a walk-off three-run homer in a four-run ninth inning to beat the Tampa Bay Rays 5-4 at the Oakland Coliseum on Thursday night.Marcus Semien’s RBI single drove in the first run of the ninth and extended his hitting streak to 17 games. It was all the fireworks needed following a true pitchers’ duel put on by Frankie Montas and Charlie Morton.Ryne Christenson took over as manager for Bob Melvin, who sat the game with a nagging neck and back injury.The Rays and …last_img

#KicksStalker: Nike unveils next-generation self-lacing basketball shoes

first_imgIs Luis Manzano planning to propose to Jessy Mendiola? Then a few years ago, Nike made the movie magic a reality, introducing its first shoe to the public with so-called “power lacing.”And on Tuesday, the global sportswear giant took it a step farther — now your shoes will automatically loosen or tighten when you step into them, and then adapt based on your activity.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool starsWait for it — the Nike Adapt BB shoes, which go on sale on February 17 for $350 in the United States, are controlled by the touch of a button or a smartphone app.“We picked basketball as the first sport for Nike Adapt intentionally because of the demands that athletes put on their shoes,” Eric Avar, Nike VP creative director of innovation, said in a statement. Using a custom motor and gear train, “Adapt” technology enables the shoe to be automatically adjusted to the foot.The app allows the player to load in different fit preferences — for example, game play versus a timeout.Boston Celtics forward Jayson Tatum is the first pitchman for the new shoe.“That the app allows the ability to put the shoe on and touch the button, change the colors, see the percentage on the battery…it’s just cool,” Tatum said in a statement.Nike says it plans to bring the system to shoes for other sport.ADVERTISEMENT TS Kammuri to enter PAR possibly a day after SEA Games opening LATEST STORIES SEA Games: Biñan football stadium stands out in preparedness, completion PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Sports Related Videospowered by AdSparcRead Next SEA Games hosting troubles anger Duterte In the 1980s, the “Back to the Future” film franchise suggested we would all eventually wear self-lacing sneakers.ADVERTISEMENTcenter_img MOST READ Private companies step in to help SEA Games hosting View comments No need to score as Giannis Antetokounmpo’s triple-double leads Bucks past Heat LOOK: Joyce Pring goes public with engagement to Juancho Triviño LOOK: Joyce Pring goes public with engagement to Juancho Triviño Don’t miss out on the latest news and information. SEA Games: Biñan football stadium stands out in preparedness, completionlast_img read more

2014 Elite Eight Filming Announcement

first_imgTouch Football Australia (TFA) is pleased to announce that it has secured the services of RJ Media to professionally film and produce the 2014 Elite Eight series. Both the Men’s and Women’s Elite Eight finals will be professionally filmed on finals day of the 2014 X-Blades National Touch League, to be broadcast on Foxtel through April and May.  This has been achieved through the ongoing support of the TFA Board of Management and their vision for the elite game into the future as well as the overall benefits associated with the promotion of the sport across Australia.  TFA has a strong track record of working with RJ Media through Richard Scotts on projects including the 2011 and 2013 Elite Eight series as well as the 2012 Trans Tasman and State of Origin series’. To check out some of their work from the 2013 Elite Eight series, please click on the links below:2013 Elite Eight Men’s Finalhttp://www.youtube.com/watch?v=sJdH8lmIvrg2013 Elite Eight Women’s Finalhttp://www.youtube.com/watch?v=xTrnHxvVueIRelated LinksElite Eight Filminglast_img read more