‘Echo Wave’ of Forbearance Expirations Predicted

first_img August 7, 2020 1,044 Views Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, News About Author: Andy Beth Miller Related Articles Andy Beth Miller is an experienced freelance editor and writer. Her main focus is travel writing, and when she is not typing away from her computer at her home in the Hawaiian Islands, she is regularly roaming the world as a digital nomad, and loving every minute of it. She has been published in myriad online and print magazines, is a fan of all things outdoors, and finds life (and all of its business, technological, and cultural facets) fascinating in their constant evolution. She is excited to spectate as the world changes, and have a job that allows her to bring a detailed account of those constant shifts to her readers at home and abroad. The Week Ahead: Nearing the Forbearance Exit 2 days ago Black Knight reveals the number of active forbearance plans fell this last week, with more than 75% of loans that are currently in active forbearance facing extension plans.Black Knight, Inc., a leading provider of integrated software, data and analytics solutions, has released the latest findings from the McDash Flash Forbearance Tracker.Indicators point to good news regarding forbearances following a marked decline last week. Specifically, the number of active forbearance plans fell an impressive 101,000 versus last week. Experts attribute this decline in great part to the estimated near half a million plans that were set to expire the last week of July.According to the data, over 75% of loans that are currently in active forbearance had their plans extended. The majority of these extensions were for a time period of three more months, which has led to what experts have dubbed an “echo wave” of forbearance expirations. In order to offer some insight for comparison of how things stood just one month ago, as June launched into its first week, there were almost 2.5 million plans that were due to expire within the next 30 days. Now, when factoring in the usual extensions of three months, that means that there are currently 2.2 million plans which are set to expire come autumn (September). This will cause yet another influx, or “wave,” of forbearance extensions. As such, there is a high probability that removals may be seen as September ends and the market enters into the month of October.Regarding the number of forbearances across investor classes during this past week, those declined in every niche, with the greatest decline being in GSE loans (both by volume and percentage)—the exact statistics of which were -56,0000 and 4%, respectively.As for FHA/VA loans, these experienced their first dip in an entire month, plummeting by 32,000 (-2%). Fast on their heels were portfolio-held and private labeled security loans, which experienced a slightly smaller dip of 13,000 (-1%).With new cases of COVID-19 still on the rise, coupled with the recent expiration of expanded unemployment benefits, uncertainty abounds. Previous: Carson Announces HUD Will Resume Physical Inspections Next: Household Debt Decrease Reflects Pandemic-Related Spending Decline Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / ‘Echo Wave’ of Forbearance Expirations Predicted Demand Propels Home Prices Upward 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Black Knight Forbearance 2020-08-07 Christina Hughes Babb Tagged with: Black Knight Forbearance Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago ‘Echo Wave’ of Forbearance Expirations Predicted Subscribelast_img read more

Center for Hemispheric Defense Studies Honors Departing Professor

first_img Dr. Alejandro Arbelaez, who is departing the Center for Hemispheric Defense Studies (CHDS) after several years of service to return to Colombia, was honored on November 27, by the U.S. Department of Defense. Dr. Arbelaez was presented with the Joint Civilian Service Commendation Award and was named Distinguished Member Emeritus of CHDS at a short ceremony at the Center presided over by its Director Dr. Richard Downie. Vice Admiral Henry Blain, chief of the Colombian delegation to the Inter-American Defense Board (IADB); Major General Javier Florez, liasion officer between the IA DB and the Organization of American States; and Colonel Carlos Ignacio Gonzalez, advisor to Maj. Gen. Florez, also attended. Dr. Arbelaez was honored in remarks given by Dr. Scott Tollefson, assistant dean for academics and fellow Colombian faculty member General Carlos Ospina. Dr. Arbelaez, former vice minister of defense of Colombia and governor of the Colombian state of Arauca, was recognized for his superior performance as a professor of National Security Affairs. During his tenure with CHDS, Dr. Arbelaez was a contributing author in the study, Colombia’s Road to the Recovery: Security and Governance 1982-2010, and is currently coediting the forthcoming, From the Abyss to Democratic Security: Security and Governance Lessons in Colombia 1994–2010, with Dr. Downie. He directed, organized, and taught the Terrorism and Counterinsurgency course and also lectured before various groups and courses. He lectured and wrote on a wide variety of topics, including the formulation and implementation of public policies, governance and politics, and civilian-military relations. Dr. Arbelaez will be returning to Colombia at the end of this month to become a political analyst for a national media group and will also serve as an advisor to former Colombian President Álvaro Uribe. By Dialogo November 30, 2012last_img read more

Monroe County decides to turn away nonresidents

first_imgStarting Friday, if you are not a resident of Monroe county you will no longer have access to the area.The county’s Mayor Heather Carruthers, made the decision this week saying it was difficult choice but something that had to be done:“Probably 60% of our  economy is tourism-related, so it’s something that’s of a great concern to us,” Mayor Carruthers said. ” Frankly, that’s part of why we’re doing this. The earlier we stop the spread, the earlier we can control it, not just within the keys but, you know, throughout the nation, the sooner we can get back on our feet and get back to work.”The last time the county was closed off to non-residents not due to a hurricane, was in 1981 when the federal government put up roadblocks to check for drugs.To ensure the new order is being followed, checkpoints will be placed near mile marker 112 on U.S 1 and State Road 905 starting on Friday.Residents will be required to provide an ID proving that they live in the area.The only exception to the rule will be those who work in the area and have to commute to work. If you work in the area but do not live there, you will be required to provide a letter from your employer.last_img read more

Detour Routes to Thurston County Fairgrounds Help to Get Around Carpenter…

first_imgFacebook0Tweet0Pin0FOR IMMEDIATE RELEASE-Monday, July 11, 2011 A map of the area, along with directions, can be accessed by visiting the Thurston County Fair website at http://www.co.thurston.wa.us/fair/directions.htm“TEN GALLONS OF FUN AT THE THURSTON COUNTY FAIR”August 3 – 7, 2011 If you are traveling to the Thurston County Fairgrounds via Martin Way you can detour around the construction via Kinwood Road SE located approximately ¼ mile  East of Carpenter Road. Detour Routes to Thurston County Fairgrounds Help to Get Around Carpenter Road ConstructionA major construction project has blocked part of Carpenter Road in Thurston County, but NOT the part where the Thurston County Fairgrounds are located.  The fair begins the first Wednesday in August, but volunteers and others preparing for the fair can easily get there despite the construction. The road construction work does not directly impact the fair location at 3054 Carpenter Road in Lacey.  You can easily reach the fairgrounds along Carpenter Road SE, from either Pacific Avenue or Mullen Road.  Fairgoers can access Carpenter Road southbound at Pacific Avenue from the west via College Street and Lacey Boulevard.   From the east, Pacific Avenue is accessible from Marvin Road.last_img read more

NZ vs IND 3rd T20 Review: Rohit Sharma hits 12 off the last 2…

first_imgImage Courtesy: AP/GettyAdvertisement 3p8ptmNBA Finals | Brooklyn Vsj1k2Wingsuit rodeo📽Sindre E4vc( IG: @_aubreyfisher @imraino ) d2qqgfWould you ever consider trying this?😱bbCan your students do this? 🌚tuemRoller skating! Powered by Firework After an outlandish draw leading to a highly tensed tie breaker super over, the match finally goes to Team India as they trample New Zealand for the third consecutive time in the ongoing T20 series today at Seddon Park cricket ground. Commanding the team to victory from an astoundingly difficult position was none other than Rohit Sharma, who destroyed the opposition with two back to back sixes in the super over.Advertisement Image Courtesy: AP/GettyAfter equalling India’s score of 179 in the second innings, New Zealand were the first to bat in the super over. Facing the superstar Jasprit Bumrah, Kiwi skipper Kane Williamson and Martin Guptill set a target of 18 for the visitors.After a boundary from KL Rahul, the strike went to the talented Rohit Sharma. From a near impossible requirement of 10 runs off 2 balls, the swashbuckling opener sent Tim Southee’s last two deliveries away and beyond into the stands.Advertisement In the post match interview, Rohit Sharma revealed that it was the first time for him to bat in a super over.“Never done that before. I didn’t know what to expect, whether to go from the first ball or wait for a while. I just wanted to stay still and then try my best. Good performance with the bat, disappointed at having thrown my wicket away though.” Sharma told reporters.Advertisement The 32 year old, who impressed in the first innings with a stormy 65 runs off 40 balls including six fours and three sixes, was selected the Man of the Match.“I hadn’t got runs in the first two games, wanted to do well today. We knew we would win the series today if we win the match – in important games, the main players need to step up.” he added.Check out Rohit Sharma’s double over boundary from the super over int he video below, courtesy of Twitter fan account @Im_Ro45FC.Video : Rohit Sharma 2 Sixes In Last 2 Ball In Superover Against New ZealandWatch & Retweet & Don’t Forget To Follow Our Page#RohitSharma #INDvNZ#Rohitpic.twitter.com/p4tBH4pbkI— Rohit Sharma Fan Club (@Im_Ro45FC) January 29, 2020Kane Williamson, who’s spectacular knock of 48-ball-95 ultimately fell short of victory for the Black Caps, lamented that the tie breakers have never proven to be lucky for them.“Super overs haven’t been too successful for us. India showed their experience in the crunch situation. We bowled well after they got off to a superb start. Very disappointing.” the host skipper told reporters.Losing his wicket to Mohammed Shami in the last over, the 29 year old fell just five runs shorter from his first ever T20 international century.Williamson continued: “It was nice to spend some time in the middle. It was disappointing not to cross the finishing lines. It is a game of small margins. It was a much better performance from us.”Eulogy came from Virat Kohli, not just for his brilliant vice captain but also for his bowlers.“Rohit was superb for us. When Shami bowled those two dot balls, I thought we can go to super over. In the super over, Kane came out and smashed Bumrah who is one of best death over bowler in World Cricket.” the Men in Blues skipper said in the interview.With a lead of 3-0 for India, the penultimate match of the series takes place this Friday at the Wellington Regional Stadium.Also read-Virat Kohli reacts after India pulls off massive chase: ‘80% of the crowd was behind us!’See which young star India’s batting coach has predicted a big future for! Advertisementlast_img read more


first_imgDOUG O’NEILL, ILIAD, SECOND: “He just got a little tired. Flavien said that between the three eighths and the quarter pole, he thought he could win it.  Obviously, Mastery is a very special horse, but I’m really happy with the way my horse ran first time around two turns.  If he stays healthy, we’ll shoot for the Santa Anita Derby (Grade I, $1 million on April 8).”             MIKE SMITH, MASTERY, WINNER: Regarding Mastery, who was pulled up after the wire and taken back to the barn via horse ambulance after being evaluated by track vet, Dr. Dana Stead – “He seemed to just go off in the left hind. I don’t know why. Nothing happened that made me think, ‘Oh, something just happened.’ He just all of the sudden went off and wouldn’t put weight on it.“I got off real quick and nothing seemed dislocated or anything. After he moved for a little bit he started walking fine on it so I’m hoping that maybe he just tweaked it or rolled it. I’m hoping it’s not that serious because he’s an incredible horse.“I felt it about 10 jumps after the wire. All of a sudden he just picked up his back leg. At that point I couldn’t tell what it was. After a minute or so and he started walking, he seemed fine.“This is a really talented horse. The power…it’s endless with this guy. He’s some kind of strong. He was hitting gears every time I asked him to. Gear down one, gear up two, gear down one…“Everything seemed to come easy for him. That was a pretty impressive race. I’m just hoping everything is ok.”(Update – While being interviewed in the Winner’s Circle, Bob Baffert received a call from assistant Jimmy Barnes reporting that Mastery had arrived at the barn and walked off the van seemingly in good order.)             VICTOR ESPINOZA, GORMLEY, FOURTH: “You know, Gormley was good all the way around. He kind of surprised me at the three-eighths pole where he kind of dropped the bridle and just kept moving along with the winner and I thought he’d finish second. It seems like he’s okay but these young horses, they’re still figuring it out. Race by race, they’re seeing what exactly they like and some little thing may not being going their way and they won’t race at their best but he’ll recover and do better in the next one.” TRAINER QUOTES             FLAVIEN PRAT, ILIAD, SECOND:  “Between the three eighths and the quarter pole, I thought I could catch him. This was his first time around two turns and he ran really well. He should improve off of this race.” BOB BAFFERT, MASTERY, WINNER: “Mike just said that when he was pulling him up on the turn, he felt something behind, like he took a funny step. So he pulled him up, and he was favoring his left hind. As soon as he took the saddle off, then he was perfect. He was walking good. We’ll take him back and see.“It’s left hind, whatever it is. Jimmy (Barnes) said he didn’t see anything obvious, and he went out of the trailer fine (back at the barn.)“We’ve been so high on this horse, and you see what he did today was just incredible and puts him as the best 3-year-old in the nation. I’m walking down and I hear a fan say ‘I hope your horse is all right.’ I said ‘What?!’ and he said ‘I hear they’re unsaddling him.’ We went from the highest of the highs to somber. Hopefully it’s nothing obvious or really serious. We’ll have to get back there and find out what’s going on.“The way he moves – he’s just a beautiful moving horse. He was just doing it easy. It’s very rare to get one like that. You go from seeing the next coming, and then something like that happens. I’ve never dealt with anything like that. I thought maybe it was heat or something.” JOCKEY QUOTES             NOTES: The winning owner is Everett Dobson of Oklahoma City, OK who races as Cheyenne Stable, LLC. -30-last_img read more