Freddie Mac’s Chief Diversity Officer on Diversity and Inclusion

first_img Diversity Freddie Mac HOUSING mortgage 2017-10-02 Nicole Casperson  Print This Post Freddie Mac’s Chief Diversity Officer on Diversity and Inclusion The Best Markets For Residential Property Investors 2 days ago About Author: Nicole Casperson Share Save October 2, 2017 2,361 Views The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img In an effort to better represent underserved communities, as well as support ongoing diversity initiatives in the mortgage industry, Freddie Mac has announced the opening of a Borrower Help Center in McComb, Mississippi, according to a recent post by Dwight Robinson, SVP of Human Resources, Diversity and Inclusion, and Chief Diversity Officer at Freddie Mac.Robinson notes that this initiative isn’t new—it is the 14th center of its kind throughout the country; however, what makes this location unique is its locale.First, it is the first located in the lower Mississippi delta, serving a rural community with a median household income of $29,720. African-Americans also makeup 66 percent of the total population, and have a homeownership rate much lower than that of the regional average—50.0 percent—compared to 70.9 percent.Freddie Mac’s effort hasn’t gone unnoticed. According to Robinson, “staff at our borrower help centers primarily help consumers by phone or appointment, but McComb is different. Since February, the McComb site has seen a tremendous number of walk-ins per month, making it far and away the most popular of our 14 centers.”Overall, 500-plus people have walked through the door to further their education on mortgage education and foreclosure assistance in the last three months. Demand for the location’s services were so great that Freddie Mac expanded its reach from three to 11 counties in the region.Fulfilling the dream of homeownership for these underserved communities is one of Freddie Mac’s main goals, and it is initiatives such as this that are championed by organization such the Five Star Institute’s American Mortgage Diversity Council, which works to usher the industry into a new era of inclusion through a continued dialogue on ways to improve and evolve.You can read Robinson’s full perspective on Freddie Mac’s website here. Sign up for DS News Daily Tagged with: Diversity Freddie Mac HOUSING mortgage Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech’s College of Media and Communications. Her thesis will be published by the International Communication Association this fall. To contact Casperson, e-mail: [email protected] Home / Daily Dose / Freddie Mac’s Chief Diversity Officer on Diversity and Inclusion Previous: Mortgage Servicing Challenges: LoanCare President Weighs In Next: Delinquencies Forcasted to Rise in Coming Months in Daily Dose, Featured, Headlines Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Subscribelast_img read more

What’s Impacting Falling Sales?

first_imgHome / Daily Dose / What’s Impacting Falling Sales? Data Provider Black Knight to Acquire Top of Mind 2 days ago What’s Impacting Falling Sales? Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Existing-Homes NAR Sales 2019-07-24 Seth Welborn According to the National Association of Realtors (NAR), existing-home sales fell by 1.7% in June month-over-month, to a seasonally adjusted annual rate of 5.27 million. Additionally, half of the major U.S. regions recorded minor sales jumps while the other half experienced greater declines.“Home sales are running at a pace similar to 2015 levels – even with exceptionally low mortgage rates, a record number of jobs and a record high net worth in the country,” said Lawrence Yun, NAR’s chief economist. According to Yun, the nation is in the midst of a housing shortage and much more inventory is needed. “Imbalance persists for mid-to-lower priced homes with solid demand and insufficient supply, which is consequently pushing up home prices,” he said.Yun also states that other factors may be contributing to low sales. “Either a strong pent-up demand will show in the upcoming months, or there is a lack of confidence that is keeping buyers from this major expenditure,” said Yun. “It’s too soon to know how much of a pullback is related to the reduction in the homeowner tax incentive.”Housing inventory ticked up slightly month-over-month in June, but is unchanged from the level of one year ago. By region, existing-home sales rose slightly in the Northeast and Midwest but decreased in the South and West, but sales were still lower than a year ago across all regions. Median home prices rose in all regions, with the highest gains in the Midwest and South. While existing home sales fell, the Census Bureau reports that sales of new single‐family houses increased by 7% in June month-over-month, and increased by 4.5% year-over-year.According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage decreased to 3.80% in June, down from 4.07% in May. The average commitment rate across all of 2018 was 4.54%.“Historically, these rates are incredibly attractive,” said NAR President John Smaby. “Securing and locking in on a mortgage now – given the current, favorable conditions – is a decision that will pay off for years to come.” Tagged with: Existing-Homes NAR Sales Previous: Carson: Regulations are “Huge Barriers” to Affordable Housing Next: Single-Family Zoning’s Impact on Climate Change Sign up for DS News Daily July 24, 2019 1,223 Views Governmental Measures Target Expanded Access to Affordable Housing 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. center_img Related Articles Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share 1Save in Daily Dose, Featured, Market Studies, News About Author: Seth Welborn Subscribelast_img read more

The Impact of Renters on the Presidential Election

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Related Articles About Author: Seth Welborn Home / Daily Dose / The Impact of Renters on the Presidential Election Renters may have a significant impact on the 2020 presidential election, Apartment List reports. Renters, for example, have decidedly more progressive views on the economy than homeowners, with 70% of renters favor increased spending on aid to the poor, compared to 57% of homeowners. Additionally, in 2016, 46%of renters voted for Bernie Sanders, compared to just 34% of homeowners.“With Sanders now emerging as the clear frontrunner among 2020 Democratic hopefuls, mobilizing the renter vote could secure him the nomination,” Apartment List notes.Additionally, while homeowners are evenly split between Democrats (34.0%), Republicans (35.7%), and Independents (30.3%), renters identify as Democrats at a rate of more than two-to-one.Democratic renters are more “progressive” than homeowners, but only when it comes to the economy. Although the renter population heavily favors Democrats, 39% of renters identify as independents, and their votes have the potential to swing the general election. These independent renters tend to hold progressive views around economic equity that would seem to align them with Democrats.Apartment List suggests that if enter turnout had matched homeowner turnout in 2016, Hilary Clinton would have won the general election. The 2020 elections could be decided by whether or not candidates are able to effectively activate this large untapped voting bloc.Renters could arguably have an even greater impact on the results of the general election. Renters are more likely than homeowners to support an expansion of government services by a 19%age point gap. Similarly, 51% of independent renters support increased spending on aid to the poor, compared to just 34% of independent homeowners. Additionally, incomes have grown fastest at the high end of the income distribution, and middle- and lower-income Americans have been disproportionately squeezed by rapidly rising housing costs.“The data suggest that renters—including those who identify as independents—prioritize issues of economic equity.” Share Save Tagged with: Government President Renters Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: NFIP Issued $400m in Reinsurance Protection Next: CFPB Supreme Court Case Looming Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago March 2, 2020 806 Views Demand Propels Home Prices Upward 2 days agocenter_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Subscribe The Best Markets For Residential Property Investors 2 days ago The Impact of Renters on the Presidential Election The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 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. in Daily Dose, Featured, Investment, News Government President Renters 2020-03-02 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Millennial and Gen Z Savings Priorities

first_img A new study explores the saving and credit-care habits of Millennials and Gen Z consumers, couples, in particular.Among other things, the study by LendingTree found that Millennials and Gen Z-ers are saving more for houses than for babies. (That follows an earlier report that showed Millennials are less interested in homebuying than ever.)In fact, nearly 6 in 10 (57% respondents) Millennial and Gen Z couples are saving for a house, while just about half are saving for a baby. The third priority for this generation of couples is saving for a wedding, at 38%.Here’s how the data panned out in regard to the marriage-baby-home desires among respondents:Younger millennials (60%) are more likely than their older counterparts (56%) to say they’re saving for a house.Meanwhile, 46% of millennial and Gen Z couples are saving for a baby, but that percentage jumps to 55% for those who are married. And 69% of those earning $100,000 or more also said they were.Lastly, we asked those who were dating (but not engaged) whether they were saving for a wedding. In total, 38% said they were. Breaking it down further, 67% of those earning $100,000 or more were doing so, versus 26% of those earning less than $25,000.The study examined several credit-related issues with which couples contend—arguments over financial decisions, differing views on finances, saving for the future, discussing debt, and joining bank accounts, to name a few.The results, in full, are available on the magnifymoney.com blog.  Ultimately the researchers explored the idea of a prenuptial agreement with expert Lauren Perez, a MagnifyMoney deposits writer, who said, “prenups can be a worthwhile conversation before getting married.””Although taboo … a prenup can help you protect your financial assets, including assets like inheritances and estates. It can also help ensure the financial situation for any dependents the couple might have.”Among those who were engaged, more than half of the survey’s respondents said they were at least considering getting one: 23% said they were getting one; 32% said they hadn’t decided yet; and 45% said they weren’t getting one.A house, along with other major assets, should be included in the agreement, Perez pointed out.Just in time for Valentine’s Day, Perez offers insight on the role of money in romance and marriage—”Not talking about finances may work for some, but couples who don’t discuss finances likely have a tough road ahead,” Perez said. “Relationships require honesty and candor, especially about money, and especially when those finances are coming together. With something as important as money, it pays to communicate and work together.”  Print This Post Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Millennial and Gen Z Savings Priorities The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles About Author: Christina Hughes Babb The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share 1Save in Daily Dose, Featured, News Millennial and Gen Z Savings Priorities Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago February 11, 2021 1,285 Views 2021-02-11 Christina Hughes Babb Previous: Zillow Group to Acquire ShowingTime Next: Low Foreclosure Rates May Obscure ‘Market Reality’ Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Arson attack on Sinn Fein’s Derry HQ

first_img NPHET ‘positive’ on easing restrictions – Donnelly Arson attack on Sinn Fein’s Derry HQ There has been an arson attack on Sinn Féin’s main office in Derry. It happened at Eastway Road in the Creggan area just before midnight last night. It’s understood a rear window was broken and a flammable liquid poured in. The fire was brought under control quickly and damage was confined to one part of the building. Police have confirmed they are investigating the attack, and the scene has been preserved. Foyle MLA Raymond Mc Cartney says this must be condemned as an attempt to attack the democratic process, but will not stop Sinn Fein working for the people of Derry and the wider north west. He’s hoping they can get into the office to assess the damage shortly……Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/07/raymcsffire.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Facebook Google+ Previous articleProperty Tax rate likely to remain unchanged in DonegalNext article‘Paranoid Wreck’ Tulisa felt life was over after cocaine sting News Highland Pinterest Facebook WhatsApp Google+ News By News Highland – July 28, 2014 center_img RELATED ARTICLESMORE FROM AUTHOR Calls for maternity restrictions to be lifted at LUH Three factors driving Donegal housing market – Robinson Twitter WhatsApp Pinterest Guidelines for reopening of hospitality sector published LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Twitter Almost 10,000 appointments cancelled in Saolta Hospital Group this weeklast_img read more

Fine Gael confirms Slowey expulsion

first_img Almost 10,000 appointments cancelled in Saolta Hospital Group this week WhatsApp RELATED ARTICLESMORE FROM AUTHOR By News Highland – May 17, 2011 Google+ Facebook Pinterest Newsx Adverts Twitter Facebook Twitter Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margeycenter_img Pinterest WhatsApp Previous articleHaulier calls off fuel protest planned to coincide with Queen’s visitNext articleLetterkenny YIC celebrates European Youth Week News Highland Calls for maternity restrictions to be lifted at LUH Fine Gael has upheld the decision to expel Donegal Councillor Terence Slowey. He was dismissed from the party a fortnight ago after a disciplinary hearing into his double expenses claim which was described as reckless by a Standards in Public Office Commission hearing.The hearing, and subsequent expulsion, came after revelations that in 2008 Cllr Slowey attended conferences in Cork and Kerry over a single weekend, but claimed travel expenses for both. He said it was an honest mistake which he rectified as soon as it came to light.Cllr Slowey appealed the expulsion at an appeal hearing on Saturday, but it was confirmed last night that the decision has been upheld. He remains a member of Donegal County Council.Terence Slowey had been the Fine Gael whip on Donegal County Council. As of yet, we understand no discussions have taken place on a replacement, but there may be discussions between party councillors today on the fringes of a workshop which is taking place at the chamber in Lifford. Google+ Three factors driving Donegal housing market – Robinson Fine Gael confirms Slowey expulsion LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Guidelines for reopening of hospitality sector published last_img read more

Man arrested in Denis Donaldson murder enquiry

first_img Pinterest News By News Highland – September 10, 2011 Almost 10,000 appointments cancelled in Saolta Hospital Group this week Twitter Twitter LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Guidelines for reopening of hospitality sector published Calls for maternity restrictions to be lifted at LUH Pinterest Previous articleGAA – Donegal shine at Ulster All Stars.Next articleCompanies continue to provide rural transport despite losing MFG backing News Highland Google+center_img Man arrested in Denis Donaldson murder enquiry WhatsApp RELATED ARTICLESMORE FROM AUTHOR Gardaí investigating the murder of Denis Donaldson at his home at Cloghercor, Doochary, Co. Donegal in April 2006 have arrested a male aged in his 40s this evening  in connection with the murder.He is currently detained at Monaghan Garda Station under Section 30 of the Offences against the State Act, 1939.This is the third arrest in relation to this ongoing investigation.Donaldson, 56, was Sinn Féin’s senior official at Stormont and a political enforcer for the party leadership. He was shot dead at a remote cottage in Doochary, Co Donegal, in April 2006.Four months earlier, he had been expelled from the party after admitting that he had been a paid British spy for 20 years.No one has ever been charged with his murder.Donaldson was last seen by the Garda Siochaan, in Glenties on 3 April 2006, about 24 hours before he was murdered.His body was discovered by a member of the public, who noticed his door open and called police. He had been shot twice, once in the head and once in the arm. Three factors driving Donegal housing market – Robinson Facebook WhatsApp Facebook Google+ Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margeylast_img read more

Man due in court in relation to 2013 Letterkenny murder

first_img Need for issues with Mica redress scheme to be addressed raised in Seanad also Man due in court in relation to 2013 Letterkenny murder By News Highland – May 26, 2014 Previous articleDeignan lights up final climb on Giro stage 15Next articleTerri-Louise Graham was punched, kicked & raped News Highland Twitter Google+ Google+ WhatsApp Facebook RELATED ARTICLESMORE FROM AUTHOR Guidelines for reopening of hospitality sector published A 20 year old man is expected to appear before Letterkenny District Court this morning charged in relation to the murder of Bogdan Michalkiawicz just over a year ago.The body of Mr Michalkiawicz was discovered at 15 Westside Apartments, Letterkenny on the morning of Wednesday May 15th last year. He had last been seen alive at lunchtime on the previous Monday.center_img Pinterest WhatsApp Twitter Almost 10,000 appointments cancelled in Saolta Hospital Group this week Pinterest News LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Calls for maternity restrictions to be lifted at LUH Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Facebooklast_img read more

KFO boss backs Coveney’s “get tough” stance on Iceland and Faroes

first_img Google+ Previous articleFF Justice Spokesperson wants gardai to review Mauiritius filesNext articleDonegal has 2nd biggest spend on erectile dysfunction drugs in HSE west News Highland Pinterest RELATED ARTICLESMORE FROM AUTHOR WhatsApp Minister McConalogue says he is working to improve fishing quota LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton News Pinterest Twitter Twitter WhatsAppcenter_img The Killybegs Fishermens Organisation have expressed their full support for the position taken by Minister Simon Coveney at the Council of Ministers meeting yesterday in Brussels.At the Meeting Minister Coveney called on the EU to withdraw the offer jointly made by the EU and Norway to Iceland and Faroes in February of this year to respectively allocate them a 7.5% and 8% share of the Total Allowable Catch.He emphasised that both Iceland and Faroes should not be rewarded for their irresponsible behaviour.KFO Chief Executive Sean O’Donaghue is backing Minister Coveney’s “get tough” stance. Facebook KFO boss backs Coveney’s “get tough” stance on Iceland and Faroes Google+ 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Almost 10,000 appointments cancelled in Saolta Hospital Group this week Need for issues with Mica redress scheme to be addressed raised in Seanad also By News Highland – July 17, 2012 Facebook Dail hears questions over design, funding and operation of Mica redress schemelast_img read more

Donegal South West by-election to be held this month

first_img Twitter Facebook Gardai continue to investigate Kilmacrennan fire Further drop in people receiving PUP in Donegal Google+ The Government has confirmed it will hold the Donegal South-West bye-election forthwith and the writ will be moved straight away.Fianna Fail Chief Whip John Curran  said he expects the bye-election will be over by the end of this month.The High Court ruled this morning there has been an unreasonable delay by the Government in moving the writ for the Donegal South-West bye-election.The government has also confirmed it is to appeal that ruling to the Supreme Court WhatsApp Man arrested on suspicion of drugs and criminal property offences in Derry Newsx Adverts Donegal South West by-election to be held this month Previous articleTop Oil Launch October 2010Next articleStrabane man jailed for attack on Donegal builder News Highland 365 additional cases of Covid-19 in Republic center_img Google+ RELATED ARTICLESMORE FROM AUTHOR Twitter Pinterest Pinterest Facebook Main Evening News, Sport and Obituaries Tuesday May 25th 75 positive cases of Covid confirmed in North WhatsApp By News Highland – November 3, 2010 last_img read more