first_imgSunday 6 March 2011 10:20 pm THIS year has started well for activist investors, those outspoken stake-builders that push boards to buck up their strategy.2011 has kicked off with a spate of high profile public exchanges between funds and their targets.Activists claimed their first major scalp last month when Sherborne Investors ousted City veteran Nick MacAndrew from the chair of F&C Asset Management.Elliott Advisors is eyeing transport group National Express; Kesa Electricals is under fire from Knight Vinke, and Alliance Trust is a target of hedge fund Laxey Partners.And in January City A.M. broke the news that media group Mecom’s shareholders, including Aviva Investors and Legal & General, had followed the removal of its founder David Montgomery by dismissing the group’s chair, Alasdair Locke. But the negotiations that make it into the public arena are the tip of the iceberg. Discussions between activist investor and board can begin before shares are even bought and continue through degrees of pressure – Crystal Amber’s decision to publicly vent its concerns over film studio Pinewood Shepperton’s performance last year was the first and only time it has taken a dispute public. Activism is bouncing back from a fall-off in deals in 2008 and 2009, and investors are piling money into activist funds as risk appetite returns. About 60 pure activist hedge funds managed $47bn (£29bn) of funds globally at the end of 2010, up from to $36bn in 2009 but still a long way behind pre-crisis levels of more than $54bn in 2007.And the stock market recovery has exposed companies that still trade at a discount to their peers – making them a visible target for activists. “We find companies with good cash flows and strong asset backing that have been neglected by the market and try to engineer a re-rating,” Crystal Amber director Richard Bernstein told City A.M.Large cash piles amassed by many corporates since the recession are another factor. Shareholders are keen these are put to good use, and prepared to speak out if not.“If companies are sitting on a lot of cash and don’t deploy it to increase shareholder value they are going to attract the attention of activist investors to pressure them to engage in endeavours that will unlock that value,” Kenneth Heinz, president of Hedge Fund Research, told City A.M.But regulation is also a factor – and it is broadening the base of investors that can arguably be named activist. After a financial crisis that threw corporate governance failings into sharp relief, governments are using new regulation and guidance to involve investors more in firms’ behaviour.“There is rising investor activism – but there is a difference between it happening, and activist funds doing it,” Bernstein said. From the revamped Corporate Governance Code to the new Stewardship Code to encourage better dialogue between boards and investors, regulators are trying to force even long term, blue-chip asset managers to think like activists. “Shareholders are feeling they are being positively empowered to engage in talking to boards,” Richard Spedding of law firm Travers Smith told City A.M., adding that anecdotal evidence showed large companies increasingly putting directors up for election annually. “It provides activists with an easy target as they don’t have to call an extraordinary meeting,” he said. It means fund managers such as Neil Woodford of Invesco Perpetual, who stormed the board of Omega Insurance last year to oust chairman Walter Fiederowicz, and four directors, are just as likely as Laxey to be making noise.And with more investors acting like activists, 2011 may prove to be the best year for the phenomenon yet.TIME LINE | ACTIVIST INVESTORSFebruary 2011: F&C Asset ManagementSherborne Investors won the support of more than 65 per cent of F&C’s investors, including key shareholder Aviva Investors. Chairman Nick MacAndrew and director Brian Larcombe were ousted, replaced by Sherborne’s founder Edward Bramson and two others.September 2010 / January 2011: MecomMecom’s founder and chief executive David Montgomery said he would resign in September after more than half its shareholders applied pressure. He finally stepped down in January after investors threatened to call an extraordinary meeting to make him leave. Investors later sent chairman Alasdair Locke packing.March 2010: Omega InsuranceInvesco Perpetual led a shareholder revolt against the Omega board after founder John Robinson left the firm in 2009. Chairman Walter Fiederowicz and four directors were ousted. January 2010: Mitchells and ButlersRebel shareholders including billionaire Joe Lewis and Irish investment vehicle Elpida threw chairman Simon Laffin off the board after eight weeks. Two thirds of shareholders voted for his removal after he fired four directors. 2008 and 2005: Deutsche BoerseHedge funds Atticus and The Children’s Investment Fund Management (TCI) terrorised the exchange for four years, ousting chairman Rolf Breuer and chief executive Werner Seifert after disputing its bid for the London Stock Exchange. In 2008 chairman Kurt Viermetz resigned. 2007: ABN AmroTCI also intervened in the Dutch bank, calling for it to sell assets or merge with another bank to unlock value. ABN was eventually sold – the bidding war for the bank led to its highly-leveraged €72bn (£61.3bn) sale to RBS, Fortis and Banco Santander. This was a good deal for ABN Amro shareholders but a disaster for RBS. 1990-2004: variousArguably the leading lights of shareholder activism for more than a decade, Julian Treger and Brian Myerson tackled companies from Aquascutum to Pilkington through their Active Value fund. Share KCS-content whatsapp Show Comments ▼ whatsapp Activist investors eye bumper 2011 as market improves by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryBrake For ItThe Most Worthless Cars Ever MadeBrake For ItTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionMartha Stewart CBDShop Martha Stewart’s CBD Products NowMartha Stewart CBDLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsElvenarIf You Need to Kill Time on Your Computer, this Fantasy Game is a Must-Have. No Install.ElvenarBewadaHusband Divorced His Wife After Looking Closer At This PhotoBewadaThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar Program Tags: NULLlast_img read more

first_img Regions: Europe Western Europe Netherlands The European Gaming and Betting Association (EGBA) has called on lawmakers in the Netherlands to introduce a national online gambling framework to help protect consumers and allow the country to benefit from iGaming taxation.The Dutch Senate today (February 5) starts a debate on the Netherlands’ Remote Gaming Bill, which was passed by the House of Representatives in 2016 but has not progressed further since.The EGBA is backing plans to regulate, highlighting how the Netherlands is one of only three counties in the European Union not to have a regulated iGaming market in place.According to the EGBA, this is forcing consumers to access unregulated gambling websites online and costing the Netherlands tax revenue of about €175m (£154m/$200m) per year.The EGBA also estimates that some 1.9 million Dutch citizens – more than 10% of the total population – participate in unregulated online gambling activities.EGBA secretary general Maarten Haijer said: “The introduction of a Dutch online gambling framework is urgently needed. The Netherlands is now one of the few EU countries who do not regulate online gambling – and this situation is no longer tenable.”The EGBA has also praised the work done by Dutch Minister Sander Dekker to push the bill through, saying a revamped, multi-licence framework would help improve consumer protection measures in the country.“The EGBA welcomes Minister Dekker’s ongoing commitment to modernise the current laws and advocates for the introduction of a well-regulated, multi-licence model,” Haijer said.“For Dutch people, whether they play poker or like betting on sports, they should be able to find all the products they are looking for with companies regulated in the Netherlands that pay taxes there and apply local consumer safeguards.“A licensing model which facilitates this consumer choice will create a better functioning market with players who are properly protected and valuable tax receipts for the Dutch state.”Last week, a report commissioned by Holland Casino highlighted a rise in illegal gambling in the country, with a survey from research and strategy consultancy Motivaction suggesting the market is worth around €600m annually. Around 1.8 million people gambled illegally online in the last year, up by 300,000 on 2016.Image: Santeri Viinamäki 5th February 2019 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The European Gaming and Betting Association (EGBA) has called on Dutch lawmakers to introduce an online gambling framework in the country to help protect consumers. Email Address Topics: Legal & compliance Subscribe to the iGaming newsletter Legal & compliance EGBA urges online gambling framework in Netherlands Tags: Online Gamblinglast_img read more

first_imgCIEL Limited (CIEL.mu) listed on the Stock Exchange of Mauritius under the Industrial holding sector has released it’s 2016 interim results for the first quarter.For more information about CIEL Limited (CIEL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the CIEL Limited (CIEL.mu) company page on AfricanFinancials.Document: CIEL Limited (CIEL.mu)  2016 interim results for the first quarter.Company ProfileCIEL Limited is an investment company headquartered in Ebene, Mauritius. The company operates in the following segments: agriculture and property, financial services, hotels and resorts, textiles, and healthcare businesses. The activities of the company are spread out over five countries that include Mauritius, Madagascar, Asia, Maldives and South Africa, just to name a few. CIEL Limited is listed on the Stock Exchange of Mauritius.last_img read more

first_imgSunday Nov 16, 2014 Scotland give New Zealand Murrayfield scare but come up short Scotland were left ruing the missed opportunity to spring the biggest upset of the year as New Zealand held things together to survive a scare and win 24-16 at Murrayfield on Saturday. A late try from lock Jeremy Thrush put the home side out of contention. It wasn’t the best All Blacks XV on show but Scotland, wearing their alternate strip, took it to the world champions and were in the game right up until the last five minutes, when the experience and power of the visitors took effect. Scotland had never beaten New Zealand, so they’ll feel that this was one that got away, while the All Blacks might reconsider fielding such an experimental side in future.Scotland’s Kiwi coach Vern Cotter was pleased with the character his side showed.“If you look at our defence, I thought our defence was excellent. A few players really put their hands up and led the team, everybody contributed. I think we can get confidence in the way we vary our play. We can attack, we can kick, we can use short side, we can use space in the back…“One thing you can be sure of, is that there’s character in there. And that’s very important,” he said.Steve Hansen was impressed, saying that Scotland could be a Six Nations dark horse.“I think Scotland are a very good side on the way up. I really do mean that sincerely. I think by the time the Six Nations comes around they will be right in it,” Hansen said.Scotland suffered a number of injuries in the physical clash, with some players completing the game but requiring further care from the medical team. They include, Alasdair Dickinson (lower leg), Alex Dunbar (ankle), Adam Ashe, Blair Cowan (both neck strain), Richie Gray, Ross Ford (both shoulder), Tommy Seymour, Greig Laidlaw (both hand) and Euan Murray (groin). Mark Bennett (hamstring) will return to his club.View extended match highlights below, including post match interviews with Stuart Hogg and intercept try scorer Tommy Seymour. On the next page you can view the Scottish press conference with coach Cotter and skipper Greig Laidlaw.Credit: Scottish Rugby TVADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Related Articles 81 WEEKS AGO scottish prop saves fire victim 84 WEEKS AGO New Rugby X tournament insane 112 WEEKS AGO Vunipola stands by his comments supporting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life Reports30+ Everyday Items with a Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

first_imgJoey McReynoldshttps://www.tcu360.com/author/joey-mcreynolds/ Trump to appear at Fort Worth Convention Center Linkedin Twitter printIndie/folk rock band Telegraph Canyon has played Friday on the Green every year since 2010. This year the group will play on June 12.The free admission concert is held monthly through October at Magnolia Green Park, located on the corner of Lipscomb Street and Magnolia Green Drive and is open to all ages.Free parking will be available along Magnolia Avenue and behind Brewed Café.“We’ve played Friday on the Green every year for the past five years and there is always a great energy,” said Christopher Johnson, the group’s lead singer and guitarist.This year, the Fort Worth band, that has toured throughout the country and the Netherlands, will debut songs from its unreleased album, “You From Before”.“These songs are different,” said Johnson. “[We] didn’t want anything to be safe.”The album will be available to purchase on vinyl and digital download June 23rd.For more information on Telegraph Canyon, visit their web site here. Facebook Twitter Joey McReynoldshttps://www.tcu360.com/author/joey-mcreynolds/ Joey McReynolds ReddIt Abortion access threatened as restrictive bills make their way through Texas Legislature Linkedin The109: senior minister at University Christian Church announces resignation Grains to grocery: One bread maker brings together farmers and artisans at locally-sourced store Fort Worth Firefighters Charities posts signs for drowning prevention month Joey McReynoldshttps://www.tcu360.com/author/joey-mcreynolds/ Previous articleMorning and afternoon waves for “Slide the City” cancelledNext articleTrinity Shakespeare Festival to feature comedy, tragedy Joey McReynolds RELATED ARTICLESMORE FROM AUTHOR + posts Joey McReynoldshttps://www.tcu360.com/author/joey-mcreynolds/ Facebook ReddIt Fort Worth to present development plan for Berry/University area near TCU Fort Worth set to elect first new mayor in 10 years Saturdaylast_img read more

first_imgFacebook Kayley Ryanhttps://www.tcu360.com/author/kayley-ryan/ ReddIt Twitter Kayley Ryanhttps://www.tcu360.com/author/kayley-ryan/ Linkedin + posts Kayley Ryan Previous articleThe know-it-all’s guide to getting your textbooksNext articleUpdate: Heavy rainfall expected in Fort Worth, Hurricane Harvey approaches Texas coast Kayley Ryan RELATED ARTICLESMORE FROM AUTHOR Kayley Ryanhttps://www.tcu360.com/author/kayley-ryan/ 10th-annual Frogstock features student-led music Kayley Ryanhttps://www.tcu360.com/author/kayley-ryan/ Linkedin ReddIt Abortion access threatened as restrictive bills make their way through Texas Legislature Facebook Twitter Fort Worth set to elect first new mayor in 10 years Saturday City to approve Westcliff rezoning, tackle loopholes that allow “stealth dorms” printTwenty-five children at Andrew “Doc” Session outperformed 23 other community centers in the mayor’s summer FitWorth challenge, winning a $1,000 first-place award for health and fitness – all without using a gym.The FitWorth challenge started by Mayor Betsy Price in 2012 is meant to prevent childhood obesity and prepare children for adulthood, said Noah Drew, the FitWorth director.For four weeks in June and July, more than 1,700 children in Fort Worth competed in the challenge, Drew said. Supervisors like Linda Beltram of Andrew “Doc” Session tracked every fruit and vegetable, cup of water and minute spent exercising and reading.Beltram said Andrew “Doc” Session is one of the smaller community centers in the city and doesn’t have a gym.Inside the building, the children have a 1,900 square-feet room with a few tables and a couple closets filled with toys, but no exercise equipment.Supervisor Linda Beltram points out toys and supplies the children used over the summer. (Photo by Kayley Ryan)“We have to be very creative because we either play inside or travel to the nearest park or use the parking lot,” Beltram said.Beltram said not having an indoor gym was difficult for the children because they had to exercise outside in some of the hottest months of the year.Beltram said the $1,000 award will mean a lot to the children who come back next summer or participate in the after-school program. The money could be used for playground equipment or to serve another need, like reading materials, she said.Tracking minutes spent reading was a new addition this year to FitWorth and part of a citywide focus on literacy, Drew said.“Studies have shown that when children practice healthy habits early on, they are more likely to continue these habits into adulthood,” he said.Mayor Betsy Price stops by the community center to read aloud to the children. (Courtesy of Linda Beltram)Price read aloud to children at the Andrew “Doc” Session community center as well as to other children who took part in the challenge, Drew said.Beltram emphasized that many of the children in Andrew “Doc” Session’s programs are at a low reading level. The center caters specifically to low-income families, often with parents who work all day and need a place like Andrew “Doc” Session to mentor their children.“Some of the kids at 5 years old … still may not know their ABCs,” she said.Beltram said she was impressed with the change she saw in the children’s eating habits during the challenge.Andrew “Doc” Session FitWorth resultsVenngage Infographics“What happened is–we have Coke machines and candy machines,” Beltram said. “Our kids were used to just buying cold [soft] drinks. We saw a change in them, from buying cold drinks to buying water.”Beltram held a competition between the younger and older children at the community center to fuel their enthusiasm.“Most of the kids ate the carrots and the celery,” Beltram said. “I was surprised by that.”She added with a laugh, “I know when I was growing up, all I cared about were the sugary items.”Beltram said Andrew “Doc” Session will continue to track children’s healthy behaviors in its after-school program.“We’re going to be checking them as to how much water they’re drinking, as to how much fruit they’re eating,” she said. “We have them read for at least 15 minutes a day.”Greenbriar and Handley-Meadowbrook community centers won second and third place in the FitWorth challenge, earning $750 and $500, respectively.Since FitWorth began in 2012, it has helped contribute to a 6 percent decrease in the number of Fort Worth Independent School District students who are overweight or obese, according to a press release. Fort Worth recognized for growing music scene $800 million bond looks to expand JPS medical and behavioral health facilities Grains to grocery: One bread maker brings together farmers and artisans at locally-sourced store last_img read more

first_img BahrainMiddle East – North Africa News Follow the news on Bahrain News Tenth anniversary of Bahraini blogger’s arrest News News Help by sharing this information BahrainMiddle East – North Africa Coronavirus “information heroes” – journalism that saves lives Organisation center_img October 14, 2020 Find out more Receive email alerts to go further RSF_en March 17, 2021 Find out more Reporters Without Borders is very worried about bloggers Abdeljalil Al-Singace and Ali Abdulemam, who are among the 25 human rights activists and opposition supporters arrested in August and September whose trial is due to begin tomorrow against an electoral backdrop liable to contribute to the undermining of their defence rights.The press freedom organization calls for the immediate release of the two bloggers and the human rights activists, who are unjustly detained in deplorable conditions, and urges Bahrain’s judicial authorities to behave transparently by ensuring that lawyers, journalists, human rights activists and international observers have access to the court, and by lifting the ban on media coverage of the trial.The authorities must respect the fundamental rights in the international conventions that Bahrain has signed and ratified.An academic and head of the pro-democracy and civil liberties movement Al Haq, Al-Singace was previously arrested in 2009 for allegedly trying to destabilise the government because he used his blog (http://alsingace.katib.org) to denounce the deplorable state of civil liberties and discrimination against Bahrain’s Shiite population.When re-arrested on 4 September, he was reportedly roughed up and received a blow to his head that perforated an eardrum and left him partially deaf. He is now being held in solitary confinement in a National Security detention centre, where he is being treated in a degrading manner and is being denied the use of his wheel-chair.Abdulemam, a very active blogger regarded as one Bahrain’s Internet pioneers, was also arrested on 4 September, in his case after receiving a summons from the National Security department. He is accused of disseminating false information on the pro-democracy forum BahrainOnline.org, a website that gets 100,000 visitors a day although access is blocked within Bahrain.A contributor to the international bloggers network Global Voices, Abdulemam has taken part in many international conferences at which he has denounced human rights violations in Bahrain. He was previously arrested in 2005 for criticising the government on his blog.The authorities have step Internet filtering in recent months and hundreds of sites are currently inaccessible. They include many opposition sites, sites with newsletters such as those of the Al-Wefaq National Islamic Society and the National Democratic Action Society (Al-Wa’ad) and the sites of human rights organizations such as the Bahrain Centre for Human Rights (BCHR) and the Arabic Network for Human Rights Information (ANHRI).Bahrain was ranked 144th out of 178 countries in the press freedom index released by Reporters Without Borders on 20 October 2010, falling 25 places in a single year. The fall was due to the increase in arrests of bloggers and netizens and the increase in online censorship. It is listed as a “country under surveillance” in this year’s Reporters Without Borders “Enemies of the Internet” report. German spyware company FinFisher searched by public prosecutors October 27, 2010 – Updated on January 20, 2016 Two bloggers to go on trial tomorrow along with other detainees June 15, 2020 Find out morelast_img read more

first_imgNews Receive email alerts Reporters Without Borders is alarmed by the American government’s reform of the FBI. The reform gives federal agents carrying out investigations linked to the fight against terrorism the power to monitor telephone conversations and intercept e-mails or any other kind of Internet based information exchange. United StatesAmericas United StatesAmericas Help by sharing this information NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say Organisation RSF_en April 28, 2021 Find out more News Facebook’s Oversight Board is just a stopgap, regulation urgently needed, RSF says June 3, 2021 Find out more Reporters Without Borders is alarmed by the American government’s reform of the FBI (Federal Bureau of Investigation). The reform gives federal agents carrying out investigations linked to the fight against terrorism the power to monitor telephone conversations and intercept e-mails or any other kind of Internet based information exchange.”The emotion stirred up by the terrorist attacks of 11 September and the legitimate desire to combat terrorism must not lead to an attack on collective and individual freedoms, and particularly on the freedom of expression enshrined in the First Amendment to the United States Constitution” said Robert Ménard, Secretary General of Reporters Without Borders, in a letter addressed to the American Attorney General John Ashcroft. “This reform calls into question the fundamental principles of the confidential nature of a journalist’s sources and information,” added Robert Ménard.Reporters Wihtout Borders has called on John Ashcroft to confirm the principle of confidentiality of sources and information by requiring that any surveillance activity must first be authorised by a judge.The Attorney General and FBI director Robert Mueller presented their plans to reform the federal police on 30 May 2002. Under the plan, the FBI is to focus its activities on the fight against terrorism and not on fighting crime. One of the main changes is that federal agents would be authorised to monitor telephone and electronic communications made by any person who may be in possession of information relating to terrorism affairs, without requesting prior authorisation from a judge. The FBI could also access computerised data bases containing commercial, economic or scientific information. Agents would also be able to infiltrate political and public meetings and places of worship. These investigations could be “preventive” measures, even if no evidence exists against the persons or organisations under surveillance.The main civil liberties and freedom of expression defence organisations have condemned the reforms “which recall the dark days of McCarthyism”. Indeed recent blunders show the limitations of ill-supervised surveillance. The American non-governmental organisation EPIC (Electronic Privacy Information Center) has obtained official FBI documents which prove that a fault in its e-mail interception software “Carnivore”, led to unintentional spying on the e-mails of citizens who had no links with terrorism issues. June 3, 2002 – Updated on January 20, 2016 FBI reforms threaten the confidentiality of journalists’ work June 7, 2021 Find out more WhatsApp blocks accounts of at least seven Gaza Strip journalists Follow the news on United States News News to go furtherlast_img read more

first_imgHome / Daily Dose / HUD Invests Further in Housing Counseling The Best Markets For Residential Property Investors 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Servicers Navigate the Post-Pandemic World 2 days ago February 19, 2016 1,120 Views HUD announced on Friday it will be further investing in housing counseling by making $40 million in grants available to hundreds of housing counseling organizations nationwide.The housing counseling organizations use the grant money to assist families who are buying their first home, attempting to locate affordable rental housing, or trying to avoid foreclosure. The grants, along with additional funding leveraged by the housing counseling organizations, will allow a network of more than 300 national, regional, and local organizations to reach more than 1.5 million households, according to HUD.“We know that housing counseling can make all the difference in purchasing and, most importantly, keeping a home,” HUD Secretary Julián Castro.  “The grants we offer today will help ensure families and individuals make more informed housing decisions, whether it means buying their first home, avoiding foreclosure, or finding affordable rental housing.”The $40 million in grants announced on Friday will be completed through HUD’s two-year Comprehensive Housing Counseling Grant Program Notice of Funding Availability (encompassing FY 2016 and FY 2-17). The notice was published on February 18, 2016, and the deadline to apply for a grant is April 4, 2016.Winners of the grant money will use the money to assist homebuyers with navigating through what can be a confusing and difficult process. The grantees also assist families with finding affordable housing and offer financial literacy training to help families who are struggling to repair their credit problems.Much of the housing counseling grant funding is distributed by national and regional agencies to community-based organizations. The housing counseling organizations not only provide counseling to both homeowners and renters, but they assist homeless persons with finding transitional housing as a step toward finding permanent housing. The organizations also provide counseling to senior citizens who are seeking reverse mortgages (home equity conversion mortgages, or HECMs) to convert their equity into income.Other services the housing counseling agencies provide include supporting fair housing by assisting borrowers with reviewing their documentation to avoid potential mortgage scams, unreasonably high interest rates, inflated appraisals, unaffordable repayment terms, or other conditions that can lead to loss of equity, default, or even foreclosure. Foreclosure prevention counseling can help homeowners who are at risk of default to review all their loos mitigation options in order to avoid foreclosure.Click here to view HUD’s new funding announcement. Tagged with: Housing Counseling HUD Related Articles Demand Propels Home Prices Upward 2 days ago Housing Counseling HUD 2016-02-19 Brian Honea Previous: Treasury to Provide More TARP Funds for Hardest Hit Communities Next: The Week Ahead: Will the GDP Bounce Back? The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Brian Honea Servicers Navigate the Post-Pandemic World 2 days agocenter_img Sign up for DS News Daily Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Loss Mitigation, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago HUD Invests Further in Housing Counseling Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribelast_img read more

first_img Facebook A 44-year-old man is to appear in court this morning charged with attempted murder after a man was stabbed in Derry over the weekend.A 43-year-old man was stabbed in the back in the early hours of yesterday morning:A 44-year-old man will appear in court in Derry charged with attempted murder, threats to kill, attempted grevious bodily harm, two counts of assault occasioning actual bodily harm, common assault and possessing weapon with intent.The charges are in relation to an incident at a house in Summer Meadows Park shortly after 3am yesterday morning.A 43-year-old man was taken to Altnagelvin Hospital where he is being treated for a stab wound to his back.His condition is said to be stable.The man charged will is expected to appear in court later this morning. Pinterest HSE warns of ‘widespread cancellations’ of appointments next week Man charged with attempted murder after Derry stabbing Dail hears questions over design, funding and operation of Mica redress scheme Google+ Dail to vote later on extending emergency Covid powers Pinterest Previous articleTwo brothers, aged 9 and 21 found dead in SligoNext articleClaims of campers dumping human waste and rubbish at Port Arthur Beach News Highland Twitter Newscenter_img WhatsApp WhatsApp Google+ Twitter PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal By News Highland – July 21, 2014 RELATED ARTICLESMORE FROM AUTHOR Man arrested in Derry on suspicion of drugs and criminal property offences released Facebook Man arrested on suspicion of drugs and criminal property offences in Derrylast_img read more