HF Group Limited (HFCK.ke) HY2004 Interim Report

first_imgHF Group Limited (HFCK.ke) listed on the Nairobi Securities Exchange under the Property sector has released it’s 2004 interim results for the half year.For more information about HF Group Limited (HFCK.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the HF Group Limited (HFCK.ke) company page on AfricanFinancials.Document: HF Group Limited (HFCK.ke)  2004 interim results for the half year.Company ProfileHF Group Limited formerly (Housing Finance Limited) is a financial services group with interests in mortgage lending, corporate and retail banking, property development and a bancassurance business. Its product and service offering ranges from transactional banking products to financial services for micro-enterprises, group banking, agricultural and small-to-medium enterprises. HF Group offers asset finance services, micro-credit loans and loans for anything from solar water heating systems to mortgage finance. The company also has interests in developing and selling residential houses and offers insurance agency services. Formerly known as HF Group Limited, the company changed its name to HF Group Plc in 2017. Its head office is in Nairobi, Kenya. HF Group Limited is listed on the Nairobi Securities Exchangelast_img read more

FTSE investors: I’d buy these 2 top-tier dividend shares for my ISA in June

first_img 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. 5 Stocks For Trying To Build Wealth After 50 Simply click below to discover how you can take advantage of this. Market volatility is a good reminder for investors that while it’s great to have robust growth stocks in a long-term portfolio, it’s also important to include an income stream in the mix by owning dividend shares.Both the FTSE 100 and the FTSE 250 are home to many stable companies operating in solid sectors that mirror our economy and deliver inflation-beating dividends. You can reinvest those dividends, especially in a tax-efficient Stocks and Shares ISA. Such dividend shares tend to outperform the market over the long run. If company dividends grow year after year, their shares also become more valuable. And the power of compounding through tax-efficient investing coupled with dividend re-investing can send your retirement wealth soaring.  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…Dividends from a consumer goods championFTSE 100 member Unilever (LSE: ULVR) has a strong brand portfolio, ranging from Bertolli to Colmans, Cornetto, Domestos, Dove, Impulse, Lynx, Marmite, Vaseline, and Persil.  The household name also has a reliable supply chain as well as an efficient distribution network. Its enviable history goes back to the 1880s.If you do not currently own Unilever stock, you may be interested to know that the share price has bounced back quickly from the March lows following the market crash. So far in 2020, the stock is up over 1%, hovering at 4,409p.In its April Q1 trading statement, management pulled its full-year growth and margin outlook. It said it could not “reliably assess the impact” of the Covid-19 outbreak on its business operations. But the board kept the dividend intact. The current dividend yield stands at 3.3% and the shares are expected to go ex-dividend next in early August. I’d buy the dips in ULVR shares.Investing safely FTSE 250 member Safestore (LSE: SAFE) is a high-growth specialist in self-storage solutions with assets in the UK (125 locations) as well as France (28), the Netherlands (six) and Spain (four). The group began operations in 1998.Over the years, the company’s strong revenue rises have been fuelled by both significant organic growth and several acquisitions. The occupancy rate is around 78.5%. Year-to-date, SAFE stock is down 11%. The current price of 715p means a dividend yield of 2.4% for now. The shares will likely go ex-dividend in July.On June 3, the group will release its interim results for the six months ending 30 April. The share price is likely to be volatile around the date. Potential investors may also want to analyse the metrics at the time. That would give a better appreciation of the effects of the pandemic on the business operations.Its trailing P.E stands at 11.4. Hence I’d be a buyer if there is a drop in the stock price in the coming weeks, especially toward the 700p level. I think the mid-cap share is likely to be a safe pair of hands during this decade too.Foolish Takeaway Seasoned investors realise that compound interest is possibly the strongest force in the financial world. If you can pull together £500 a month to invest in shares for 30 years at an annual rate of 6%, then you’d have a final portfolio worth over £500,000. If you increase the monthly amount to £700 and the rate to 7%, then the total retirement nest egg goes over £700,000.Therefore if you’ve a long-term view, investing success comes by sticking to the basics: buying solid dividend shares at decent prices that offer value. Enter Your Email Address tezcang has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Unilever. 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. Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. Image source: Getty Images Our 6 ‘Best Buys Now’ Shares Tezcan Gecgil, PhD | Monday, 8th June, 2020 | More on: SAFE ULVR FTSE investors: I’d buy these 2 top-tier dividend shares for my ISA in June Click here to claim your free copy of this special investing report now! 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. And if you are already in your mature years, there are solid stocks for you too. See all posts by Tezcan Gecgil, PhDlast_img read more

ISA alert! I think GlaxoSmithKline is a great buy for both income and growth investing

first_img As an ISA investor, I’m always on the lookout for good stocks to buy. The Stocks and Shares ISA allowance enables me to receive dividends gross of tax. It also enables me to pay no capital gains tax if I sell a stock for a profit within the ISA wrapper. This makes it a great tool for both income and growth investing. Some investors think that income or growth investing are mutually exclusive. This really isn’t the case. You can buy a stock that pays out a dividend, but also has growth prospects. It’s true that some high-growth, early-stage firms may not pay a dividend to help retain profits within the business. Yet there are still plenty of growing firms that do. 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…Growth investing prospectsGlaxoSmithKline (LSE:GSK) is one of the largest pharmaceutical businesses in the world. It was formed by a merger of two companies in 2000, so isn’t tagged as an early-stage growth business. Yet due to the search for a vaccine, even a mature company like GSK has large share price appreciation potential.This particularly appeals to growth investors. Since April, GSK has teamed up with Sanofi in a vaccine push. Even though it looks unlikely that they’ll be the first to develop a vaccine, this doesn’t render it pointless. The partnership has arguably the largest network to distribute such a vaccine around the world. Only last week, GSK made a commitment to supply 200m doses to COVAX. This is a group of governments, health groups and others formed to help with the response to the virus. The bottom line is that it looks likely the GSK/Sanofi vaccine will be a large-scale product, with huge demand (assuming it works). From a financial point of view, this could be very profitable. As a result, investors would likely see growth in the share price of GSK into the medium term. New developments of this scale don’t happen that often, and so the move could be significant.Income prospectsAside from growth investing, income investors also find value in buying GSK. In a recent Q3 trading update, the dividend of 19p per share was flat compared to last year. This doesn’t surprise me, given that the quarterly results were mixed, with the highlight being an increase in operating profit to £1.9bn. The flat dividend versus last year should actually give comfort to income investors. The opportunity to cut the dividend going into the year-end is one companies have often used in the past, to boost balance sheets.The current dividend yield sits at 5.72%. This is very attractive when comparing it to the FTSE 100 average of 3.4%. When compared to the Bank of England base rate of 0.1%, it looks even more appealing. Having already considered the growth potential above, income investors can also potentially look forward to a profit aside from the dividend.Overall, I feel GSK is a solid buy for income and growth investing. At present, I feel it offers the best of both worlds, given the situation we find ourselves in with the virus. Enter Your Email Address Jonathan Smith | Tuesday, 10th November, 2020 | More on: GSK Simply click below to discover how you can take advantage of this. jonathansmith1 has no position in any of the shares mentioned. The Motley Fool UK has recommended GlaxoSmithKline. 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. 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. There’s a ‘double agent’ hiding in the FTSE… we recommend you buy it! Our 6 ‘Best Buys Now’ Sharescenter_img Image source: Getty Images. Don’t miss our special stock presentation.It contains details of a UK-listed company our Motley Fool UK analysts are extremely enthusiastic about.They think it’s offering an incredible opportunity to grow your wealth over the long term – at its current price – regardless of what happens in the wider market.That’s why they’re referring to it as the FTSE’s ‘double agent’.Because they believe it’s working both with the market… And against it.To find out why we think you should add it to your portfolio today… 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. ISA alert! I think GlaxoSmithKline is a great buy for both income and growth investing See all posts by Jonathan Smith Click here to get access to our presentation, and learn how to get the name of this ‘double agent’!last_img read more

Chaaltun House / tescala

first_imgArchDaily “COPY” Save this picture!© Leo Espinosa+ 34Curated by Danae Santibañez Share Manufacturers: BOSE, Flos, LG Electronics, SONOS, Aluplast, Canterland, Chukum, Escenium HAUS, Insteon, Teka, VALVOConstruction:Construdar ToussaintStructure:Eduardo Marquez SierraInteriors:tescala Playroom Interiors:miostudio Landscaping:Ernesto DegetauCity:MéridaCountry:MexicoMore SpecsLess SpecsSave this picture!© Leo EspinosaRecommended ProductsDoorsGorter HatchesRoof Hatch – RHT AluminiumWoodLunawoodThermowood FacadesEnclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEAWindowsLibartVertical Retracting Doors & WindowsText description provided by the architects. Architecture approaches nature by rearranging its elements. In Casa Chaaltun, this conformation was an attempt to evoke and interpret the natural and cultural context of the Yucatan Peninsula, in Mexico, challenging the mainstream perception and common use of its natural materials.Save this picture!© Leo EspinosaSave this picture!Lower floor planTo adapt the program into the lot’s geometry, it was divided into three zones: private, social and services; the volumes were designed accordingly. Four volumes are connected by a main long axis, which is the project’s spine. Two of them are solid, facing south and west, solving the privacy and, at the same time, it protects the interior and shadows the others. The remaining volumes are lightly floating, generating a double height ceiling in the ground level, facing to the northeast.Save this picture!© Leo EspinosaThe volume’s typology is characterized by its facades. The solids are formed by a series of offsetted walls, allowing crossed ventilation and a great natural light income without a thermal gain. In contrast, the floating volumes feature a marble lattice facade, permitting the entrance of a diffuse light and also shadowing the interior.Save this picture!© Leo EspinosaThe marble lattice facade was a challenging design and its final solution gave identity to the house: a system formed by four hundred eighty six vertical pieces, each one unites two plaques of marble secured to a steel frame. Every single piece is welded to the main structure of the social volumes. The lighting is inspired in the moonlight, so that each piece illuminates the adjacent, bouncing its light into the marble.Save this picture!SectionThe volumetric solution comes with a continuous series of voids in the building: four spaces that open and expand the interiors; although this is functional, these are also the spaces where the natural and cultural references of the environment take place, giving Casa Chaaltun its unique identity.Save this picture!© Leo EspinosaYucatán Peninsula is known for its peculiar landscapes, which include large trees with tabular roots and natural ponds of crystalline water called cenotes (dzonoot in maya); this ponds are of remarkable beauty and characterized for its freshness; the limestone that forms the cenote allows to see the dark green and blue colors in the clear water. Because of this natural and stunning ponds, the swimming pool resembles a cenote: an oxford grey flamed granite gives a sensation of depth and a darker green-blue color to the water; floating in the second level the marble lattice façade encloses the pool area. Also, Alamo trees suggest the presence of a cenote, this is why one of them is placed in the access patio surrounded by limestone walls.In the regional landscape of Yucatan it’s common to see how rocks, roads and walls rust in an intense red color because of the minerals in the soil; the inspiration for the red patio was taken from these rusty elements, making tall tinted concrete walls and placing a Chaka tree (regional tree form Yucatan known for its red bark). Another endemic tree in the plot is a Jabín (habín in maya), one of the few in the area that changes its color through seasons. This tree was a breaking point to the design of the master’s bedroom lobby and the upper level terrace, where the leafy branches brace the space giving a cozy ambiance.Save this picture!Model. Image Courtesy of tescalaAll these different references of the natural context are a constant in the project, following the same line of design and always prioritizing the user’s well being and playing with the aperture of the sequenced spaces. Casa Chaaltun is the concatenation of thresholds (kitchen-bar-social-pool-garden) that opens into an extended visual (course-lake-course-jungle). Originally published on October 05, 2017. Project gallerySee allShow lessBamboo Lodge / QADSelected ProjectsY’s Kitchen / Shushi ArchitectsSelected Projects Share Architects: tescala Area Area of this architecture project Photographs Projects “COPY” Houses Year:  2016 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/880945/chaaltun-house-tescala Clipboard Area:  900 m² Year Completion year of this architecture project CopyHouses•Mérida, Mexico CopyAbout this officetescalaOfficeFollowProductsWoodSteelStone#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesMeridaIcebergMéridaMexicoPublished on November 21, 2020Cite: “Chaaltun House / tescala” 20 Nov 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogSinkshansgroheBathroom Mixers – LogisVinyl Walls3MExterior Vinyl Finish – DI-NOC™ StonePartitionsSkyfoldWhere to Increase Flexibility in SchoolsTiles / Mosaic / GresiteCupa PizarrasVentilated Facade – CUPACLAD UprightGlassLAMILUXGlass Roof PR60ConcreteKrytonCrystalline Waterproofing – KIMSkylightsVELUX CommercialAtrium Longlight Skylights in ExperimentariumMetal PanelsLorin IndustriesAnodized Aluminum – Copper FinishesStonesFranken-SchotterWall Covering & CladdingWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusSwingsStudio StirlingHanging Chair – BasketWallcovering / CladdingArrigoni WoodsWood Cladding – AcousticMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?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 stream Chaaltun House / tescalaSave this projectSaveChaaltun House / tescala Chaaltun House / tescala ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/880945/chaaltun-house-tescala Clipboard Mexico Photographs:  Leo Espinosa Manufacturers Brands with products used in this architecture project last_img read more

WaterAid’s To be a girl appeal raises £2m

first_img Howard Lake | 11 September 2014 | News 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. Tagged with: Celebrity DfID UK Aid Match Individual giving Research / statistics AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis International Development Secretary Justine Greening said:“Every two minutes a girl dies because she does not have clean water or proper sanitation. Millions more have to put the daily trek to the nearest well above going to school, ruining their chances of an education. By matching all public donations to WaterAid’s To be a girl appeal we will help improve health and sanitation for hundreds of thousands of girls around the world, helping them to get an education and giving them hope for a better future.”The UK Government match funding ended on 9 September,but donations can still be made to the To be a girl appeal.center_img To be a girl, international development charity WaterAid’s summer fundraising appeal, has raised £2 million. This is the highest total achieved for a standalone fundraising campaign by the charity. Its original target had been £1 million.Indeed, the final total will be even higher. The UK Government is doubling individuals’ donations as part of its DfID UK Aid Match matched funding programme.The To be a girl campaign highlighted the hardships faced by millions of girls living without access to safe water or somewhere to go to the toilet. It was backed by celebrities including Samantha Barks, Ellie Simmonds, Rachel Stevens, Laura Whitmore, Helen Lederer, Suzi Perry and the cast of Downton Abbey.Switching on the tapsJust last week, as a result of the appeal, the taps were switched on in one community in Madagascar, which had been visited by Les Miserables actress Samantha Barks for the appeal.[youtube height=”450″ width=”800″]http://youtu.be/Ijhs6YEVCAw[/youtube]On viewing this moment, Barks commented:“The absolute joy on the girls’ faces brought a tear to my eye, their beaming smiles are such a contrast to the pained look I saw on their faces as they heaved the heavy jerrycans of dirty water onto their heads. I can’t tell you how happy it makes me to know that they’ll never have to make that walk to the dirty pond again. Their lives really have been transformed forever.” Advertisement WaterAid’s To be a girl appeal raises £2m  55 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

GAO Says RFS Likely to Fall Short of Greenhouse Gas Goal

first_img SHARE Facebook Twitter Facebook Twitter By Hoosier Ag Today – Nov 30, 2016 SHARE GAO Says RFS Likely to Fall Short of Greenhouse Gas Goal The Government Accountability Office (GAO) claimed on Monday that advanced biofuels are not likely to get the fuel market penetration the Renewable Fuel Standard predicted. Online newspaper The Hill reports that means greenhouse gas emissions are unlikely to fall as much as predicted under the 2007 law. A pair of GAO reports reached the conclusion after explaining there is limited production of advanced biofuels for blending and a limited potential for expansion by 2022.A report on greenhouse gasses stated: “In the absence of advanced biofuels, most of the biofuel blended under the RFS to date has been conventional corn-starch ethanol, which achieves smaller greenhouse gas emission reductions compared with advanced biofuels.”Source: NAFB News Service Home Energy GAO Says RFS Likely to Fall Short of Greenhouse Gas Goal Previous articleRyan Martin’s Indiana Ag Forecast for November 30, 2016Next articleVilsack Disappointed in China Biotech Approval Delays Hoosier Ag Todaylast_img read more

OU’s Reaves too much for TCU in Big 12 opener

first_imgprintThe last time Oklahoma came to Schollmaier Arena, Sooners guard Austin Reaves hit a game-winner to ruin Desmond Bane’s senior day in March.Today, Reaves put Oklahoma on his back once again to beat TCU 82-78 and hand the Frogs their first loss of the season.With just under a minute to go, the senior pulled up from well behind the three-point line, hitting the shot to give Oklahoma a five-point lead. He would then drill a free throw with two seconds remaining to put the nails in the coffin for TCU.Reaves finished with a game-high 32 points on the day, 16 of which came from the free-throw line. He added nine assists and six rebounds to his scoring effort.True freshman Mike Miles came alive for TCU in his Big 12 debut with 21 points, 12 of which came in the second half. His five-straight points brought the Frogs within a bucket with just under two minutes remaining, but he was outshone by the more experienced Reaves down the stretch.Despite the two teams entering with just five combined games played, the contest had the energy of a conference game from the beginning.Thanks to an early 11-3 run, TCU grabbed a lead just a few minutes into the game that it would hold throughout the half. After shooting 50% in the first 20 minutes, the Frogs went into the halftime locker room with a slim 42-39 lead.Early in the game, center Kevin Samuel recorded the 172nd block of his career, moving him into first all-time on the TCU list.Oklahoma tied the game on a three by forward Brady Manek to start the second half, and the game turned into an all-out conference showdown.While the Sooners would lead for the majority of the second half, the Frogs refused to go away, answering Oklahoma runs with scoring spurts of their own.With 2:55 remaining, the Sooners took a seven-point lead and looked to put the game away. Miles and TCU guard R.J. Nembhard kept the Frogs in the game, though, falling just short of leading TCU to their fifth-straight victory.Nembhard finished with 18 points and five assists in the contest. Sophomore P.J. Fuller added 15.Manek complimented Reaves on the Sooners’ end with 14 points, six rebounds and two blocks.TCU will return to the court this Wednesday to play Providence in the Big East-Big 12 Battle. The game is scheduled for 4 p.m. and will be aired on ESPNU. Twitter TCU rowing program strengthens after facing COVID-19 setbacks ReddIt Colin Post Previous articleBell reflects on his journey in soccer after championship seasonNext articleStudent development dean reflects on her 43 years at TCU Colin Post RELATED ARTICLESMORE FROM AUTHOR First TCU spring game since 2018 gets fans primed for a highly-anticipated fall + posts Taylor’s monster slam highlights big weekend for TCU Athletics Colin Posthttps://www.tcu360.com/author/colin-post/ ReddIt Colin Posthttps://www.tcu360.com/author/colin-post/ TCU baseball finds their biggest fan just by saying hello Facebook Colin Post is a Sports Broadcasting and Journalism double-major from Houston, Texas. Along with sports writing, Colin hopes to work in sports announcing after he graduates. Despite series loss, TCU proved they belong against No. 8 Texas Tech Twitter Facebook Linkedin TCU had three players in double figures scoring in its loss to Oklahoma on Dec. 6, 2020. (Photo courtesy of gofrogs.com) Another series win lands TCU Baseball in the top 5, earns Sikes conference award Another series win lands TCU Baseball in the top 5, earns Sikes conference award Linkedin Colin Posthttps://www.tcu360.com/author/colin-post/ Colin Posthttps://www.tcu360.com/author/colin-post/last_img read more

Boys and Girls Club of Pasadena Collaborates with UC System to Help Young Club Members

first_img 5 recommended0 commentsShareShareTweetSharePin it The Boys and Girls Club of Pasadena announced this week that it is taking part in a pilot program that will equip its members with resources that will help them get into University of California schools.The partnership, which is between the club and the UC system, will begin with a program that involved three clubs across California — Pasadena, San Francisco and Merced, according to a statement..Pasadena’s club will pair up with the UCLA’s UC Early Academic Outreach Program to provide information on colleges and careers to its members. In return, students in the EAOP program will be granted leadership opportunities and access to the Boys and Girls Club’s facilities.Not only will club members receive support, they’ll also have the chance to meet college students and university faculty during classroom visits, activities and dining halls, according to the media statement.The collaboration between the club and the UC system was announced two years ago to increase enrollment of Californian children into UC schools, said Monica Lozano, chair of the UC Board of Regents in the press release.Lozano noted that UC has already seen gains in terms of enrollment.“This is our largest entering class of Californians, the most diverse ever, and one of our most accomplished academically,” Lozano said in the media statement. “Our collaboration with the Boys & Girls Clubs of America will make it possible for more youngsters to get the information and guidance that will prepare them for a UC education.”Lozano went on to say that even though enrollment figures have increased, they still need to improve.“We’re encouraged by the outcomes of our efforts this year, but there’s much more work to be done,” Lozano said. Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community News More Cool Stuff Your email address will not be published. Required fields are marked * First Heatwave Expected Next Week Make a comment faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDScenter_img Business News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday HerbeautyFinding The Right Type Of Workout For You According AstrologyHerbeautyHerbeautyHerbeautyThis Is What Happens To Your Face After DermaplaningHerbeautyHerbeautyHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeauty10 Questions To Start Conversation Way Better Than ‘How U Doing?’HerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeauty Subscribe Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Top of the News Community News Name (required)  Mail (required) (not be published)  Website  Giving Back Boys and Girls Club of Pasadena Collaborates with UC System to Help Young Club Members From STAFF REPORTS Published on Thursday, September 29, 2016 | 7:08 pmlast_img read more

Citigroup Nears $7 Billion Deal to Resolve Mortgage Probe

first_imgHome / Daily Dose / Citigroup Nears $7 Billion Deal to Resolve Mortgage Probe The Best Markets For Residential Property Investors 2 days ago Previous: DS News Webcast: Wednesday 7/9/2014 Next: Castro Confirmed as HUD Secretary Servicers Navigate the Post-Pandemic World 2 days ago About Author: Derek Templeton Citigroup Nears $7 Billion Deal to Resolve Mortgage Probe Citigroup Department of Justice Mortgage-Backed Securities Settlement 2014-07-09 Derek Templeton Tagged with: Citigroup Department of Justice Mortgage-Backed Securities Settlement The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Derek Templeton is an attorney based in Dallas, Texas. He practices in the areas of real estate, financial services, and general corporate transactional law. His experience includes time as an Attorney Adviser for the U.S. Small Business Administration and as General Counsel for a nonprofit organization in Dallas. A self-avowed “policy junkie,” he has a keen interest in the effect that evolving federal policy has on the mortgage, default servicing, and greater housing industries. Related Articles Demand Propels Home Prices Upward 2 days agocenter_img Citigroup is close to a deal with the Department of Justice to resolve allegations that the bank sold defective mortgage backed securities in the lead up to the financial crisis, according to a report by the Wall Street Journal late Tuesday night.Citing people familiar with the matter, the report claims that the settlement negotiations are getting close to finalizing a settlement of $7 billion. Officials from Citigroup and the Justice Department both declined comment on the ongoing negotiations.According to people familiar with the matter, the deal will include $4 billion in cash payments to the federal government, with the rest coming in the form of borrower relief. The negotiations had been stalled until Citigroup reportedly upped their cash offer from $1 billion recently.The deal would be the latest in a series of agreements between the government and major banks as the Justice Department seeks to apportion blame and repay the taxpayers for the part that the banks played in the events that caused the large scale economic downturn of the previous decade, a hole that the economy is still trying to dig out of to date.The agreement could also  put more pressure on Bank of America to settle its own ongoing negotiations with the Justice Department. Talks between the two stalled last month. Last November, J.P. Morgan agreed to pay a record $13 billion. The government is said to be seeking more from Bank of America because the company issued more securities whose failure had a larger impact on the economy.According to the report, the government was initially seeking $10 billion from Citigroup, closer to the deal that it got in the J.P. Morgan settlement, because it argued that, even though Citigroup issued fewer securities, the securities that it did offer performed much worse and had a greater detriment to the economy than securities offered by other banks.More settlements are likely to be forthcoming. Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Government, Headlines, News Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago July 9, 2014 820 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Subscribelast_img read more

Foreclosure Filings Drop to 16-Year Low

first_img in Daily Dose, Featured, Foreclosure, Headlines, News Home / Daily Dose / Foreclosure Filings Drop to 16-Year Low Previous: Brooks Resigns, Paulson to Become Acting Comptroller of the Currency Next: The Increasing Popularity of Virtual Home Tours Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Nationwide foreclosure activity plummeted in 2020 to record depths, according to new statistics released by ATTOM Data Solutions.Last year saw foreclosure filings—covering default notices, scheduled auctions, and bank repossessions—on 214,323 residential properties in 2020, a 57% decline from 2019 and a 93% tumble from the 2010 peak of nearly 2.9 million properties. The 2020 figures represented the lowest level since ATTOM began tracking these numbers in 2005.The 2020 foreclosure filings total encompassed only 0.16% of all housing units, compared to 0.36% in 2019 and 2.23% in the 2010 peak year.However, last year ended with something of a foreclosure filing uptick: ATTOM Data Solutions also reported there were 10,876 properties with foreclosure filings in December, an 8% increase from November—but also an 80% drop from December 2019.“The government’s moratoria have effectively stopped foreclosure activity on everything but vacant and abandoned properties,” said Rick Sharga, EVP of RealtyTrac, an ATTOM Data Solutions company. “There is a backlog of foreclosures building up loans that were in foreclosure prior to the moratoria; loans that would have defaulted under normal circumstances; and loans whose borrowers are in financial distress due to the pandemic. While it’s still highly unlikely that we’ll see another wave of foreclosures like the one we had during the Great Recession, we really won’t know how big that backlog is until after the government programs expire.”As 2020 closed, ATTOM Data Solutions determined that lenders repossessed 50,238 properties through foreclosure (REO), a 65% year-over-year decline. Lenders started the foreclosure process on 131,372 properties in 2020, down 61% from 2019.The states with the highest foreclosure rates in 2020 were Delaware (0.33% of housing units with a foreclosure filing); New Jersey (0.31%); Illinois (0.30%); Maryland (0.26%); and South Carolina (0.24%). Tagged with: ATTOM Data Solutions Foreclosure Filings REO Rick Sharga Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Phil Hall Foreclosure Filings Drop to 16-Year Low ATTOM Data Solutions Foreclosure Filings REO Rick Sharga 2021-01-14 Phil Hall Demand Propels Home Prices Upward 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago January 14, 2021 1,232 Views Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Phil Hall is a former United Nations-based reporter for Fairchild Broadcast News, the author of nine books, the host of the award-winning SoundCloud podcast “The Online Movie Show,” co-host of the award-winning WAPJ-FM talk show “Nutmeg Chatter” and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill’s Congress Blog and Profit Confidential. His real estate finance writing has been published in the ABA Banking Journal, Secondary Marketing Executive, Servicing Management, MortgageOrb, Progress in Lending, National Mortgage Professional, Mortgage Professional America, Canadian Mortgage Professional, Mortgage Professional News, Mortgage Broker News and HousingWire. Share Save Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Postlast_img read more