Understanding Default Risk

first_imgHome / Daily Dose / Understanding Default Risk in Daily Dose, Featured, Foreclosure, Market Studies, News Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Understanding Default Risk May 24, 2019 1,410 Views Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save Tagged with: default Delinquency Governmental Measures Target Expanded Access to Affordable Housing 2 days ago default Delinquency 2019-05-24 Seth Welborn The Best Markets For Residential Property Investors 2 days ago Default risk rose slightly in Q1 2019, according to the latest University Financial Associates (UFA) Default Risk Index, a measure of the risk of default on newly originated prime and nonprime mortgages. UFA notes that under current economic conditions, investors and lenders should expect defaults on loans currently being originated to be 14% higher than the average of similar loans originated in the 1990s, due solely to the local and national economic environment.“Although lower mortgage rates are providing a boost to the housing market, on balance monetary policy metrics and our housing forecasts are weaker this quarter,” said Dennis Capozza, Professor Emeritus of Finance at the University of Michigan and founding member of UFA. “In most regions the UFA forecasts see real price declines within two years. As a result the UFA Default Risk Index continues to creep higher.”Black Knight data recently reported that mortgage delinquencies dropped to 3.47% as of April, the lowest point on record, and Black Knight noted that the 5.51% month-over-month decline between April and March was the strongest single-month April improvement Black Knight has seen.Serious delinquencies fell to a 12-year record low as well, down to 474,000, marking a 124,000 year-over-year decline. Despite the declines, foreclosure starts edged up in April month-over-month by 4.28%, putting the total at 41,400. Year-over-year, however, foreclosure starts declined by 16.02%.CoreLogic recently reported similar trends in delinquency. According to CoreLogic’s latest Loan Performance Insights report, the amount of mortgages that were delinquent more than 30 days decreased slightly year-over-year to 4%.The report states the nation’s overall delinquency rate has fallen on a year-over-year basis for the past 14 consecutive months. CoreLogic stated that the decreases were attributable to the strength of loan vintages in the years since the residential lending market recovered following the housing crisis.Eleven core-based statistical areas/metros experienced increases in serious delinquency rates, most of them located on the East Coast, according to CoreLogic’s report.”We are on track to test generational lows as delinquency rates hit their lowest point in almost two decades. Given the economic outlook, we are likely to see more declines over the balance of this year. Reflective of the drop in delinquency rates, no state experienced a year-over-year increase in its foreclosure inventory rate so far in 2019,” said Frank Martell, CoreLogic’s President and CEO.center_img Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: $19.1B Disaster Relief Bill Stalls in House Next: The Week Ahead: Watching Affordability and Growth Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago 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. About Author: Seth Welborn Subscribelast_img read more

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Annual Wellington Craft Show is set for Saturday, Nov. 23 from 8 a.m. to 4 p.m.

first_img Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. There are no comments posted yet. Be the first one! Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments Paula MortimerThe annual Wellington Craft Show will be held Saturday November 23 at the Wellington High School from 8 a.m. to 4 p.m.This is going to be a sold out show. So don’t miss it!Well over half of the vendors are from Sumner County with a significant group from Wellington.“This is really a big deal for our local economy,” said Paula Mortimer, organizer of the event. ” About 20 of the vendors will be staying in our hotels, out of 90+ vendors many will be buying gas, eating in our restaurants before they leave town.”There will be over 75 vendors that offer handmade items, there is bound to be something for everyone on the Christmas list.last_img read more

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Ace in the Hole…Illusions

first_imgLast month I penned a piece titled; ‘Delusional’.  The column was based upon a few Pittsburgh sportswriters who were what I considered to be dishonest with their readership as well as themselves when it came objective coverage of the Pittsburgh Steelers. Now according to my Encarta e-dictionary: delusional means; 1. a persistent false belief held in the face of strong contradictory evidence especially as a symptom of a psychiatric condition.Or as the late comedic genius Richard Pryor might say, “them boys have lost their godd–n mind.” Well at least in regards to their continued Pittsburgh Steelers coverage.  Let’s call this piece; ‘illusions’.The definition of the word illusion is; 1. something that deceives the senses or mind, e.g. by appearing to exist when it does not or appearing to be one thing when it is in fact another. 2. a false idea, conception, or belief about somebody or something.One thing that will always keep us on the straight and narrow are numbers.  Pretty basic math like addition, subtraction, multiplication and division. Hey, the majority of the time numbers cannot nor will they ever be subjective because numbers will always tell the truth and nothing but the truth.  Herein lies my point.  The Pittsburgh Steelers have a won-loss record of 2 wins and 4 losses. During that time they have scored 107 points and have allowed the opposition to score 132 points. This simply means the offense has scored a measly 17.83  points per game.The Steelers defense has allowed 132 points over 6 games.  This is an average of 22 points a game allowed by the Big Nasty ‘D’.  Pittsburgh travels to the “black hole” of the late Al Davis’s Oakland Raiders to do battle with the Silver and Black . Get this, and I can’t make this stuff up, guys’ and dolls’,  the Raiders defense has allowed the same number of points (132), to be scored on them and they have scored just 2 points less, (107) than the Black and Gold.This is no time for mirages because the Steelers had better have their “high beams” on when they venture to the ‘black hole’ on Sunday because Oakland has a good defense and coupled with home field advantage, I have a distinct feeling that if the Steelers don’t get off to a fast start, this may be another heartbreaking loss for the men from the Steel City Hey now, all you sinners ,put your lights on, put your lights on. Hey now, all you lovers, put your lights on, put your lights on. Hey now, all you killers, put your lights on, put your lights on. Hey now, all you children, leave your lights on, you better leave your lights on. Cause there’s a monster living under my bed, whispering in my ear. There’s an angel, with a hand on my head  She say I’ve got nothing to fear. (Santana. ‘Put Your Lights On’ lyrics by Erik Schrody)  last_img read more

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LOS ANGELES STAKES QUOTES – MONDAY MAY 25, 2015

first_imgNOTES: The winning owners are Edward Brown, Alan Klein and Phil Lebherz. JOCKEY QUOTES -30- TRAINER QUOTES MIKE SMITH, SAN ONOFRE, SECOND: “Distinctiv Passion was hard to catch today. He has unbelievable speed and it’s hard to catch him coming from behind. My horse finished up real well, though. I wish we were going six and a half today.” EDWIN MALDONADO, DISTINCTIV PASSION, WINNER: “This time he put his ears forward as soon as we left the gate and I didn’t move on him; he relaxed beautifully today.“I knew I had enough to win today. I was just waiting to push the button, waiting on San Onofre. I knew it was going to be a two-horse race.“That trip to Dubai, he was fine. He was fine the whole time but that grass was too long and wet and he couldn’t get a grip off of it. He came back good after the race and during the race he was good.”             JEFF BONDE, DISTINCTIV PASSION, WINNER: Asked if he was surprised he had little pressure up front early: “I know my horse is quicker than anybody I’ve ever had. I’ve never seen anybody that could go with him early. Everybody who ever has, paid the price. I figured they were thinking they’d try to catch him late.“The Dubai race (on turf) was a totally wasted race. If you look at all the American horses over there that ran on the turf, they did miserably. On the main track, they did fine. The grass lies over five inches, and we’re staying at this hotel that looks right down on the track and they’re watering it every night. Even though you’re in a desert, it’s a bog.“I’m sure you’ll see the horse next in the Bing Crosby (at Del Mar).”last_img read more

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Wily Coyote: Spurs mascot comes to rescue, traps bat

first_imgSan Antonio Spurs mascot, The Coyote, uses a net as he dives for and catches a bat during the first half of an NBA basketball game between the San Antonio Spurs and the New Orleans Pelicans in San Antonio, Saturday, Feb. 2, 2019. (AP Photo/Eric Gay)SAN ANTONIO — On another batty night in San Antonio, the Spurs mascot made the play of the game.Nothing but net.ADVERTISEMENT Private companies step in to help SEA Games hosting SEA Games hosting troubles anger Duterte LATEST STORIES ‘We are too hospitable,’ says Sotto amid SEA Games woes PDEA chief backs Robredo in revealing ‘discoveries’ on drug war 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 US judge bars Trump’s health insurance rule for immigrants Sporting a Batman costume — cape and all — The Coyote rushed the court and trapped a live bat Saturday, the second time one of the winged intruders disrupted a Spurs home game this week.The mascot dived to capture the bat with a fishing net near the scorer’s table, getting big cheers from fans, players and Spurs coach Gregg Popovich. The Coyote ended a frantic few seconds with the courageous capture.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption charges Don’t miss out on the latest news and information. — San Antonio Spurs (@spurs) February 3, 2019The bat interrupted the first quarter of a game Thursday night against the New Orleans Pelicans. The refs whistled for a timeout, Spurs player Rudy Gay bolted off the floor and hid behind an official, and LaMarcus Aldridge tried unsuccessfully to hit the bat with a basketball.Seconds later, The Coyote bolted out from the opposite baseline, whiffed with one diving effort in front of a cackling Popovich, then pounced on the bat with his net. An arena worker covered the bat with a towel and took it off the court while the mascot celebrated near center court.After three bats delayed a game Thursday night against Brooklyn, San Antonio had devised a game plan for another invasion. Prior to the game, officials set up lengthy netting to ensnare any bats that flew over the court. The Coyote made that all unnecessary.Play resumed after a delay of about 90 seconds.ADVERTISEMENT Grace Poe files bill to protect govt teachers from malicious accusations Oil plant explodes in Pampanga town View comments Klay Thompson returns from illness to lead Warriors past Lakers ‘We are too hospitable,’ says Sotto amid SEA Games woes BatYote with the special assist! 🦇😂Thanks, @SpursCoyote! pic.twitter.com/0mZBYEOeqN MOST READ Sports Related Videospowered by AdSparcRead Nextlast_img read more

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2009 ACT Super League

first_imgFour teams will take to the fields in both the Men’s and the Women’s divisions as they aim to take out the 2009 ACT Super League title.The teams competing in 2009 are the Canberra City Bears, Tuggeranong Valley Vikings, UC Otters and Woden Eagles. The competition will run over four weeks, with a double header to be played in the final round on Sunday, 22 November 2009. Finals will be played on Thursday, 10 December 2009. The Men’s competition will commence at 6.50pm, with the Bears up against the Vikings, while the Otters will play the Eagles. The Women’s round one games will be played at 7.40pm, with the same team’s playing each other as in the Men’s division. The Eagles will be out to put back to back titles together in the Men’s Open division, after last year’s grand final win over the Vikings. The Eagles again have a team full of talent, and will remain favourites, with Matt Curran, Scott Naughton and Chris Rawlinson among their best players. The Vikings are also fielding a strong side, with the likes of Nick Keech, Liam Taylor and Dean Taylor, as well as up and coming players Nick Tankey, Rob McCarthy and Joe Powell.Canberra City and UC will also be competitive in the Men’s division, with the Canberra City side including the likes of Steve Callander and Tim Spence as well as Canberra Raiders players Josh Dugan and Josh McCrone. The Otters are seeing some of their hard work over the last few years pay off in developing their younger players. Chris Tarlinton and Dee Prendergast are two of the more experienced players on the team, and will help develop the team’s younger players including Ben Hughes, Steve Meikle, Josh Wilkinson and Matt Atkins. In the Women’s Open division, the Bears will be looking for consecutive premierships in 2009, after defeating the Eagles by one touchdown in last year’s decider. Lining up for the Canberra City team in 2009 include sisters Kelly and Danielle Goodwin, Ash Kara, Carly Hill and Courtney Hinchcliffe. The Eagles will once again have a strong side, including Kate Bradley, Gen Netting, Rohanna Price and Erin Taylor.The Tuggeranong Vikings are beginning to see the benefits of their strong junior program and with players like Amanda and Mel Ingram, Amelia Kent and Shannon Frazer as well as younger players including Bec Beath, Jacinta Williams and Silvia Gonzalez, the Vikings are expected to be the surprise packet of the competition. The UC Otters are back this year after their absence in 2008 and include the likes of Kath Finn, Angi Donaldson and Donna Fraser, along with up and coming talent including Sarah and Jess O’Rourke, Lauren Bersinic and Pip Langford. For more information, please visit the ACT Touch website:www.acttouch.com.aulast_img read more

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15 days agoHoward announced as Everton’s first USA ambassador

first_imgAbout the authorPaul VegasShare the loveHave your say Howard announced as Everton’s first USA ambassadorby Paul Vegas15 days agoSend to a friendShare the loveRetired goalkeeper Tim Howard has been announced as Everton’s first ambassador in the USA.Howard will make his first appearance in his new role in Austin, Texas, later this month with fans being invited to attend an exclusive event with the American on Saturday, 26, October, reports the Liverpool Echo.Howard will also represent Everton at NBC’s Premier League Mornings Live earlier on the same day for the Blues’ league encounter with Brighton & Hove Albion.The former Blues man made a record 354 Premier League appearances during a 10-year stint at Goodison Park with his last game coming in 2016.The 40-year-old officially retired from professional football on Sunday, playing his last game for Colorado Rapids in the MLS. last_img read more

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Miami Football: Report: 4-Star 2017 WR Kemore Gamble Commits To Miami

first_imgKemore Gable commits to Miami.Twitter/@kemoregamble15According to a report by 247Sports’ Ryan Bartow, Al Golden has added yet another top player to the 2017 class, in four-star receiver Kemore Gamble.Breaking: 4-star WR Kemore Gamble commits to #Miami. @kemoregamble15 @jcshurburtt— Ryan Bartow (@RyanBartow) June 17, 2015Gamble, a Miami native, is listed a 6-foot-3, 200 pounds. His commitment comes after camping at Miami back on June 6. He also holds offers from Louisville, Rutgers, Syracuse, West Virginia, Wisconsin, and others.With this commitment, Miami has eight players in its 2017 class, which currently ranks third nationally.last_img

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The Top 10 Colleges With The Most Ashley Madison Accounts

first_imgIt’s been a big year for the Big Ten. The conference took home its first college football national championship in more than a decade, saw its top basketball team defeat then-undefeated Kentucky in the Final Four and, now, it’s dominating the cheat-on-your-spouse game. According to data gathered by Inside Higher Ed, the Big Ten dominates a top 10 list of Ashley Madison profiles by college. Ashley Madison, the site that makes it easy to cheat on your significant other, had a significant data leak earlier this week. Inside Higher Ed searched the leaked data by .edu email addresses. The Big Ten does cheating better than every other conference. Michigan State, Penn State, Ohio State, Minnesota and Michigan all have spots in the top 10.  Inside Higher EdInside Higher EdThese Big Ten schools have massive enrollments and a huge alumni base, so this really isn’t that surprising. Alabama, meanwhile, topped the state list. [The Big Lead]last_img read more

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Wisconsin Star Joe Schobert Thinks Iowa’s Offensive Line May Be Better Than Alabama’s

first_imgWisconsin's stadium from the back of one of the end zones.MADISON, WI – SEPTEMBER 10: A general view of Camp Randall Stadium as the Wisconsin Badgers take on the Oregon State Beavers at on September 10, 2011 in Madison Wisconsin. Wisconsin defeated Oregon State 35-0. (Photo by Jonathan Daniel/Getty Images)In the season opener, Wisconsin went up against Alabama, and the Crimson Tide had little trouble opening up holes for star running back Derrick Henry. The junior back ran for 147 yards and three touchdowns on just 13 carries against the Badgers. Wisconsin star linebacker Joe Schobert doesn’t think that ‘Bama necessarily has the best offensive line that he’s faced. That honor goes to the Iowa Hawkeyes. Schobert had a monster game in a losing effort against Iowa, with three sacks and two forced fumbles, but he had a ton of praise for the Hawkeyes, per The Gazette. “I put them on par with Alabama, maybe even a little more,” Schobert told the Dubuque Telegraph Herald. “They want to hit you more than Alabama wants to hit you. Alabama is a good, physical offensive line, but I think Iowa kind of takes it to that next step and wants to run at you and wants to physically punch you. We knew that coming in and they lived up to it today. It was just great competition between us and them.”The advanced line stats tell a bit of a mixed story. According to Football Study Hall, Alabama ranks 23rd nationally in adjusted line rushing yards, and 40th in adjusted sack rate. Iowa is better in preventing sack (18th) but lags behind in the run blocking analytics (69th). Either way, Iowa should be proud of the huge Big Ten West win. Being mentioned in the same breath as Alabama is rarely a bad thing.[The Gazette]last_img read more

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