Mortgage Delinquencies Experience Historic Spike

first_img 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. Demand Propels Home Prices Upward 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago May 21, 2020 2,366 Views Sign up for DS News Daily Share Save Previous: Helping Servicers Interact with Borrowers Next: Five Star Academy Courses Free For the Next Month Tagged with: Delinquency mortgage The nationwide delinquency rate hit its highest single-month increase in history in April, according to the First Look at April mortgage performance data from Black Knight. According to Black Knight, some 3.6 million homeowners were past due on their mortgages as of the end of April (including the roughly 211,000 who were in active foreclosure)—the highest number since January 2015.This is an increase of 1.6 million since March, the largest single-month jump on record. This number includes homeowners past due on mortgage payments who are not in forbearance, as well as those currently enrolled in forbearance plans and who did not make an April mortgage payment.The national delinquency rate nearly doubled to 6.45% from March, the largest single-month increase ever recorded, and nearly three times the previous record for a single month from back in late 2008. Delinquency increases in Nevada (+5.2%), New Jersey (+5.1%), and New York (+4.9%) led the states, while Miami (+7.2%), Las Vegas (+6.2%), and New York City (+5.4%) topped the 100 largest metro areas.Despite the delinquency increase, both foreclosure starts and foreclosure sales hit record lows in April as moratoriums and forbearances halted foreclosure activity across the country.Close to 9% of all active mortgage loans are in forbearance as of this week, according to the latest data from Black Knight’s McDash Flash.Looking ahead, Black Knight estimates there could be 4.9 million loans in forbearance by the end of this month if the number of loans entering forbearance declines by 10% per day moving forward. By the end of June, there would be 5 million loans in forbearance, accounting for 9.4% of all active mortgages in this scenario.Under a “more pessimistic scenario,” with the two-week average going forward and a 10% decline beginning in mid-June, 5.4 million loans would be in forbearance at the end of this month, according to Black Knight’s calculations. This would account for 10.1% of all active mortgage loans. Servicers Navigate the Post-Pandemic World 2 days ago Mortgage Delinquencies Experience Historic Spike The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days agocenter_img in Daily Dose, Featured, Market Studies, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Mortgage Delinquencies Experience Historic Spike The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago 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 Delinquency mortgage 2020-05-21 Seth Welborn About Author: Seth Welborn Subscribelast_img read more

Literacy Volunteers Teaching Skills for 30 Years

first_imgBy Judy O’Gorman AlvarezLiteracy Volunteers of Mon­mouth County (LVMC) has been teaching adults in the Two River area to improve their literacy skills for 30 years.What started in 1983 as a handful of volunteer tutors teaching basic literacy students, has grown into an organization to include 133 active tutors who serve about 612 basic literacy and English as a Second Language (ESL) students.“We’ve grown in leaps and bounds,” says Rebecca Lucas, LVMC director.Trained volunteers work one-on-one or in groups to help adults improve their writing, reading and speaking skills.Literacy Volunteers of Monmouth County honorees (from left) Carl DeJura, Sarah Wilson Stewart and Ted Nappi, at the organization’s recent annual fundraising dinner.It was three decades ago that a small group of Mon­mouth County residents, trying to address the needs of low-income adults, began offering free tutoring to improve reading and writing skills. Now LVMC is a nonprofit charitable organization accredited by ProLiteracy, the largest adult literacy organization in the United States.Divided into two groups of learners, LVMC helps the students meet their own individual literacy goals. The Adult Basic Education program is for people who lack an acceptable grade level of basic reading, writing and math skills. They may suffer from learning issues or were somehow overlooked in the education system. Often they have high school diplomas and longstanding careers, yet they never mastered foundational literary skills.The second group, English as a Second Language (ESL) students, are foreign-born New Jersey residents learning to fit in with their new environment. LVMC serves people from more than 39 countries helping them improve their language and literary skills.Students have various goals: Some may want to apply for U.S. citizenship or a drivers’ license or pursue a General Equivalence Diploma (GED); a parent may want to help a child with homework and communicate with the child’s teacher; another student may want to enjoy a classic novel or read to a grandchild.Almost every student wants to have the skills to secure a steady job or do their job better. But, such simple goals may seem unattainable to a person who cannot read.According to the 2010 U.S. Census, more than 1 million adults in New Jersey do not have a high school diploma or a GED. In addition, low literacy adds an estimated $230 billion to the country’s annual health-care costs, according to Proliteracy.org.“Educated employees can take on more responsibilities, provide increased productivity and be more effective problem solvers,” Lucas says.LVMC tutors, who vary in ages from 18 to senior citizens, are area residents from all walks of life who share the desire to help empower others through literacy. Becoming a volunteer requires no teaching experience or knowledge of a foreign language.After completing a free 18-hour volunteer tutor training session, tutors are matched – often based on scheduling and location – with a student for one-on-one sessions or to help with an ESL conversational group. Tutors and students meet at mutually convenient locations such as libraries or churches that lend their spaces, usually once a week.The bond that develops between tutor and student is often very strong and many pairings grow into longtime friendships with shared family and cultural activities.In addition, LVMC offers workshops and classes for both students and tutors, including GED preparatory and computer skills, and family, financial and health literacy programs.All tutoring is free and confidential.LVMC could not do what it does without volunteers and supporters. “As a volunteer-based organization, we’re funded by grants, donations and our annual fundraising dinner,” Lucas says.During its annual fundraiser in May, the group celebrated 30 years of bringing literacy to New Jersey residents and honored a few fervent supporters.LVMC board members Ted Nappi was honored with the Literacy Champion Award and Carl DeJura received the Literacy Education Excel­lence Award. Longtime supporter and volunteer Sarah Wilson Stewart received the Literacy Advocate Award.“In today’s society, low economic adults cannot get a job unless they can read at a high school level,” Lucas says. “We try to help the students to get their reading, writing and conversational skills up to par.”Once up to par, students can enroll in GED programs, trade schools and Brookdale Community College or take advantage of resources such as the state Department of Labor and Workforce’s One-Stop Career Services Center.“In order to do that, we focus on adults with the lowest level of literacy to help them to get them off welfare so they can go out and get jobs and become contributing members to their community.”For information on supporting LVMC or becoming a tutor, call 732-571-0209 or visit www.lvmonmouth.org.last_img read more

Provincial B Cup Playdowns on tap for Nelson Selects

first_imgNelson is sending a full contingent of teams into the Kootenay Provincial B Cup Playdowns set for this weekend at various locations in the region.The Lakeside Pitch in Nelson is host to three divisional zone playoffs — U15 Girls and U14 and U16 Boys.The U15 Girl’s Selects play a two-game series against Kootenay South with games at 11 a.m. and 3 p.m. Sunday.The U14 Boy’s is locked in a three-team round robin with Creston and Kootenay South. Game one is Saturday at 5 p.m. against Creston with the Kootenay South at 9 a.m. Sunday. The U16 Boy’s play Columbia Valley at 9 a.m. and 1 p.m. Sunday in a two-gaame series.Cranbrook is the site of the U13 and U16 Girl’s tournaments while Trail is the location for the U14 Girls.The U13 Girls play host Cranbrook in a two-game series.The U14 Girls travel to Fruitvale to meet Kootenay South and Cranbrook in a three-team round robin.The U13 Boys received bye into the Provincial B Cup in Prince George while the U17 Boys travel to Creston Sunday to play Cranbrook a seeding game into the B.C. tourney.Cariboo North forfeited their spot in the U17 Boy’s Division giving Nelson Select a bye into the tournament.The B.C. Soccer Provincial B Cup for girls goes July 4-7 at Inter River Park, North Vancouver while the boy’s event is the same time at Rotary Soccer Fields and Glen Thomson Fields in Prince George.last_img read more

Chelsea man ‘considering offers from Brazil’

first_imgChelsea’s Florent Malouda is considering an offer from Brazilian club Botafogo, the Daily Mirror report.The 32-year-old Frenchman, who has a Brazilian wife, is said to be weighing up several offers, with his first-team chances at Stamford Bridge looking likely to be limited.It is claimed that he is also wanted by another Brazilian club, Vasco Da Gama, where his ex-Lyon team-mate Juninho Pernambucano plays.The Daily Mail say QPR are poised to loan out Joey Barton, with Blackburn Rovers leading the chase.It is suggested that R’s boss Mark Hughes sees a loan to the Championship – where there is a greater volume of league games over the early part of the season – as an ideal way to run down Barton’s 12-match ban quickly.Nottingham Forest are also said to be interested in the controversial midfielder.Meanwhile, The Sun say Craig Bellamy is set to snub Cardiff and sign for QPR from Liverpool, whereas The Independent believe he will choose to join the Bluebirds. The 33-year-old striker, who played under Hughes for Blackburn and Wales, has been tipped to leave Anfield this summer.This page is regularly updated.Follow West London Sport on TwitterFind us on Facebooklast_img read more

Gaming in the Cloud: OnLive Launches Tomorrow

first_imgOnLive, the cloud-based gaming service founded by Apple alum Steve Perlman launches tomorrow. The service hopes to mark a monumental shift in the way gaming works: no more downloads, no more patches, no more discs. Instead of running a video game locally, players on OnLive connect via broadband to a gaming system that runs and stores not just their data, but the entire game itself. OnLive enables video games to be played on Mac or PC and, using their “micro console device” on your TV.In a world where “lag” – latency due to Internet or graphics hiccups – means “death,” there have been a lot of obstacles to overcome in order to make cloud-based gaming feasible. Some eight years in development, OnLive’s vision of instant-access, on-demand gaming has necessitated huge tech developments in both the servers’ and in the broadband capabilities. The machines required to run these games, for example, have to have graphics capabilities not typically associated with servers. According to Venture Beat, the service will limit players’ access, depending on their location from a server and the processing power of their computer, in order to ensure gameplay that’s, well, playable.According to CEO Perlman, the launch marks “the first step toward a future where video game content is increasingly free from the restrictions of device and location, while showcasing the ability to instantly play the latest, most advanced games at the touch of a button.”OnLive promises over twenty games available at launch, including Prince of Persia, Tom Clancy’s Splinter Cell, and Mass Effect 2. For a limited time, founding subscribers are being offered their first year of OnLive membership for free in a program sponsored by AT&T. A Web Developer’s New Best Friend is the AI Wai… audrey watters Top Reasons to Go With Managed WordPress Hosting Related Posts center_img Tags:#Announcements#cloud Why Tech Companies Need Simpler Terms of Servic… 8 Best WordPress Hosting Solutions on the Marketlast_img read more

TRICARE® Autism Care Demonstration – Upcoming Webinar!

first_imgThis MFLN-Military Caregiving concentration blog post was published on November 18, 2016. Autism ConceptNext month the MFLN Military Caregiving concentration area will host presenters from the Defense Health Agency in a webinar entitled TRICARE® Autism Care Demonstration.Autism Care Demonstration (ACD) provides supplemental services to qualifying dependents of active duty service members, retirees and certain National Guard and Reserve members. In this FREE session, presenters will offer advice for service providers and military families on how to best assist beneficiaries under the ACD. Also, information covering the cost of ACD and identifying points of contacts for specific TRICARE® regions will be provided.NASW Credit Available!The MFLN Military Caregiving concentration has applied for 1.0 National Association of Social Workers (NASW) continuing education credit for credentialed participants. Certificates of Completion will also be available for training hours as well. For more information on CEU credits go to: NASW Continuing Education Instructions.Interested in Joining the Webinar?To join this event, simply click on TRICARE® Autism Care Demonstration. The webinar is hosted by the Department of Defense APAN system, but is open to the public.If you cannot connect to the APAN site, an alternative viewing of this presentation will be running on YouTube Live. Mobile options for YouTube Live are available on all Apple and Android devices.last_img read more

Wizards turn back Antetokounmpo-less Bucks

first_imgLATEST STORIES SEA Games: Biñan football stadium stands out in preparedness, completion Don’t miss out on the latest news and information. SEA Games: Biñan football stadium stands out in preparedness, completion Hotel management clarifies SEAG footballers’ kikiam breakfast issue PH volleyball coaching great Nes Pamilar passes away at 52 MOST READ Trevor Ariza scored 20 points, including 18 in the second half, and made six 3-pointers. Jeff Green went 4 for 7 from beyond the arc on his way to 20 points, helping Washington shoot 54.5 percent (18 of 33) from 3-point range. It was the Wizards’ first game this season making more than 50 percent of their 3s.“We’ve been passing the ball well. We’ve been spacing it well,” coach Scott Brooks said. “With Trevor, he was bound to make some of his 3s.”Washington improved to 7-4 without Wall this season and 5-3 since the injury that forced the Wizards’ highest-paid player to undergo season-ending surgery on his left knee. The Wizards also traded away Kelly Oubre Jr. and Austin Rivers while adding Ariza.“Our team is totally different from the beginning of the year,” said Beal, who scored 30 or more for the 10th time this season. “It’s just a matter of us getting it together, and I think we’re finally at that point to where we can turn the corner.“We’re just dedicated to playing hard and playing the right way. I don’t know what it is. Maybe a switch clicked on or whatever it is, but we’re clicking at the right time and we have a good group of guys in here who just want to continue to get better and want to win.”ADVERTISEMENT UP NEXTBucks: Finish a three-game trip at Atlanta on Sunday.Wizards: Host Toronto on Sunday before traveling to London, where they will face the New York Knicks at The O2.Sports Related Videospowered by AdSparcRead Next Khris Middleton scored 25 points for the Bucks, who had won 11 of 13. Eric Bledsoe had 18 points and nine assists.“To play the way we want to play, you’ve got to move, move people, move the ball,” coach Mike Budenholzer said. “We were just a little stagnant.”Washington used a 13-2 run to open an early 34-22 lead. Beal converted a three-point play and made a 3-pointer during the stretch, and Satoransky also made a 3.Malcolm Brogdon helped steady the Bucks in the second quarter with 11 points on 4-of-4 shooting. Washington led 57-47 at halftime and pushed back ahead after Milwaukee tied it twice in the third quarter. The Bucks fell to 2-1 this season without Antetokounmpo.“It’s an adjustment. If any of the starters were out, it would be an adjustment, but when Giannis is out, it’s even a bigger adjustment,” Brogdon said. “That was a winnable game for us even though Giannis was out. That’s on us to take a bigger role.”PLACE YOUR (FREE) BETSFriday night marked the debut of a gambling-focused telecast on the Wizards’ regional TV partner, NBC Sports Washington. The telecast included a series of questions that fans could answer on the network’s website for a chance to win a $500 prize. Fans were asked to guess which team would be the first to 75 points (Washington); whether the halftime score would be odd or even (even); and whether Satoransky would score 20 points (no). A bill legalizing sports betting has been approved in Washington but has yet to take effect.TIP-INSBucks: G Donte DiVincenzo was inactive with bursitis in his left heel. … In anticipation of Antetokounmpo’s visit, the Wizards designated Friday as Greek Heritage Night, and Greek Ambassador Haris Lalacos attended.Wizards: Improved to 13-7 at home. They are 5-18 on the road. … The Wizards’ 40 points in the first quarter tied the most points allowed by Milwaukee in a period this season. TS Kammuri to enter PAR possibly a day after SEA Games opening Is Luis Manzano planning to propose to Jessy Mendiola? Washington Wizards guard Bradley Beal (3) shoots against Milwaukee Bucks guard Malcolm Brogdon (13), forward Khris Middleton (22) and guard Eric Bledsoe (6) during the first half of an NBA basketball game Friday, Jan. 11, 2019, in Washington. (AP Photo/Nick Wass)WASHINGTON — Tomas Satoransky got a bottled-water shower from his teammates and a postgame handshake from team president Ernie Grunfeld.The big game for the lanky Czech point guard was cause for celebration for the Washington Wizards, who are playing cohesively with Satoransky starting in place of the injured John Wall.ADVERTISEMENT Private companies step in to help SEA Games hosting Satoransky had 18 points, a career-high 12 rebounds and 10 assists in his first career triple-double, helping Washington beat the Milwaukee Bucks 113-106 on Friday night.Bradley Beal scored 32 points for the Wizards, who won for the third time in four games. Beal threw down an alley-oop for Satoransky’s last assist, making it 111-101 with 1:43 remaining.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 stars“Shout out to Brad, because he called that play,” Satoransky said. “It was all love from him.”With Milwaukee star Giannis Antetokounmpo sidelined by hip and quad injuries, Washington came out aggressively and never trailed after the opening two minutes. The Wizards finished with 18 3-pointers, matching the franchise record. LOOK: Joyce Pring goes public with engagement to Juancho Triviño 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 SEA Games hosting troubles anger Duterte View commentslast_img read more

Cypress: support for Platform Security Architecture Trusted Firmware-M from Arm

first_imgCypress Semiconductor announced availability of the Platform Security Architecture Trusted Firmware-M reference example from Arm for its PSoC 6 microcontrollers, enabling a solution that adheres to the highest level of protection as defined by PSA. By leveraging PSA’s holistic set of threat models, security analyses, hardware and firmware architecture specifications, and Trusted Firmware-M reference implementation, Internet of Things designers can quickly and easily implement secure designs with PSoC 6 MCUs.Cypress’ PSoC 6 MCUs achieve the highest level of protection defined by the PSA using dual Arm Cortex-M cores combined with configurable memory and peripheral protection units. The MCUs provide three levels of hardware-based isolation: 1) an isolated execution environment for trusted applications using a dedicated Arm Cortex -M0+ core, 2) secure element functionality that hosts root of trust operations and system services, and 3) isolation for each trusted application. These three levels of isolation together reduce the attack surface for threats. The system is augmented with a true random number generator and cryptographic accelerators, while the Cortex-M4 core in the PSoC 6 MCU architecture delivers a clean programming model for the rich execution environment for unsecure applications.Aligned with Arm’s current version for v8-M, the Trusted Firmware-M reference example for PSoC 6 MCUs allows designers to easily implement hardware-based isolation between secure and unsecure execution environments via configuration of the protection units. Mbed OS secure services can be utilized. Future versions will include trusted boot with multiple images and full PSA API support, including Root of Trust installation with secure element functionality.Share this:TwitterFacebookLinkedInMoreRedditTumblrPinterestWhatsAppSkypePocketTelegram Tags: Chips & Components Continue Reading Previous Infineon expands mobile-security portfolioNext HCC Embedded: MISRA-compliant EAP framework for secure IoT networkslast_img read more

Examining the controversy at SANDAG over Transnet Funds

first_img Updated: 5:27 PM Examining the controversy at SANDAG over Transnet Funds KUSI Newsroom Posted: May 13, 2019 May 13, 2019center_img KUSI Newsroom, 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – The year long battle over roads versus transit has taken on a new dimension. The hiring of a new Executive Director at SANDAG, Hasn Ikhrata, has cause tension and division within the agency.KUSI’s Steve Bosh reports that SANDAG determines how Transnet funds from a half cent increase in the sales tax from 2004 is spent on local transportation project, mostly the roads.This attempt by the new executive director to shift funds from promised road projects to transit projects only has caused friction.County Supervisor Kristin Gaspar walked out of last week’s meeting after Ikhrata reportedly tried to silence board members who didn’t support his plan.RELATED STORY: Supervisor Gaspar explains SANDAG’s proposal to install black boxes on all vehicles to track every mile you drive Categories: Local San Diego News, Politics, Traffic & Accidents Tags: SANDAG, Transnet FacebookTwitterlast_img read more