Category: wohtmarc

TPS Eastern Africa (Serena) Limited (TPSE.ke) 2002 Annual Report

first_imgTPS Eastern Africa (Serena) Limited (TPSE.ke) listed on the Nairobi Securities Exchange under the Tourism sector has released it’s 2002 annual report.For more information about TPS Eastern Africa (Serena) Limited (TPSE.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the TPS Eastern Africa (Serena) Limited (TPSE.ke) company page on AfricanFinancials.Document: TPS Eastern Africa (Serena) Limited (TPSE.ke)  2002 annual report.Company ProfileTPS Eastern Africa (Serena) Limited owns and operates hotels and lodges in Kenya for the business and tourist sectors. The company owns and operates 35 hotels as well as a selection of resorts, safari guest lodges, safari camps, palaces and forts located in strategic sites in Kenya, Tanzania, Zanzibar, Rwanda, Uganda, Mozambique, Pakistan, Afghanistan and Tajikistan. Subsidiary companies include TPS (Kenya) Limited which owns Nairobi Serena Hotel, Amboseli Serena Safari Lodge, Mara Serena Safari Lodge and Kilaguni Serena Lodge; TPS (Zanzibar) Limited which owns Zanzibar Serena Hotel; TPS (Tanzania) Limited which owns Kirawira Serena Camp, Lake Manyara Serena Safari Lodge, Serena Mivumo River Lodge and Selous Serena Camp; and TPS (Uganda) Limited. Other properties owned and managed by TPS Eastern Africa (Serena) Limited include Lake Victoria Serena Resort in Uganda and Polana Serena Hotel in Mozambique. TPS Eastern Africa (Serena) Limited is listed on the Nairobi Securities Exchangelast_img read more

Start reading TPS Eastern Africa (Serena) Limited (TPSE.ke) 2002 Annual Report

ART Holdings Limited HY2011 Interim Report

first_imgART Holdings Limited (ARTD.zw) listed on the Zimbabwe Stock Exchange under the Paper & Packaging sector has released it’s 2011 interim results for the half year.For more information about ART Holdings Limited (ARTD.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the ART Holdings Limited (ARTD.zw) company page on AfricanFinancials.Document: ART Holdings Limited (ARTD.zw)  2011 interim results for the half year.Company ProfileAmalgamated Regional Trading Holdings Limited (ART) manufactures and distributes products in three key categories paper products, stationary and batteries. Its product portfolio is diverse; ranging from tissue paper, sanitary ware and disposable napkins to writing pens and automotive, solar and standby batteries. Its products fall under the brand names Exide, Eversharp, Softex and Chloride. The company also has substantial interests in timber plantations and offers forestry resources management services. ART has a southern African footprint, with a strong presence in Zimbabwe, Zambia, Malawi and South Africa. Formerly known as Beachmont Trading Limited, its name changed to Amalgamated Regional Trading Holdings Limited in 2001. The company is a subsidiary of Taesung Chemical Company Limited and its headquarters are in Harare, Zimbabwe. Amalgamated Regional Trading Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Start reading ART Holdings Limited HY2011 Interim Report

AngloGold Ashanti Limited (AGA.gh) 2013 Presentation

first_imgAngloGold Ashanti Limited (AGA.gh) listed on the Ghana Stock Exchange under the Mining sector has released it’s 2013 presentation For more information about AngloGold Ashanti Limited (AGA.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the AngloGold Ashanti Limited (AGA.gh) company page on AfricanFinancials.Document: AngloGold Ashanti Limited (AGA.gh)  2013 presentation Company ProfileAngloGold Ashanti Limited is a global mining company with extensive interests in the Americas, Continental Africa, South Africa and Australasia. It boasts a portfolio of 17 operations and 3 projects in 10 countries, including long-life, relatively low-cost operating assets with differing ore body types located in key gold-producing regions. The company was formed in 2004 through the merger of AngloGold and the Ashanti Goldfields Corporation. There are seven mines in the Continental Africa region, of which 6 are operational. In Ghana, the company has two mines; Iduapriem and Obuasi. AngloGold Ashanti Limited is the third-largest gold mining company in the world, measured by production. In addition to its mining operations, it has established several exploration programmes in regions around the world. AngloGold Ashanti Limited is listed on the Ghana Stock Exchangelast_img read more

Start reading AngloGold Ashanti Limited (AGA.gh) 2013 Presentation

I’d buy these 2 FTSE 250 investment trusts to retire on today

first_imgSimply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Rupert Hargreaves Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shares Rupert Hargreaves owns no share mentioned. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool UK owns shares of and has recommended Microsoft and recommends the following options: long January 2021 $85 calls on Microsoft and short January 2021 $115 calls on Microsoft. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img I’d buy these 2 FTSE 250 investment trusts to retire on today Image source: Getty Images Rupert Hargreaves | Wednesday, 12th February, 2020 | More on: PCT RCP “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Picking stocks can be a complicated and time-consuming process. Therefore, sometimes it is better to leave stock picking to the experts.However, a large number of ‘expert’ stock pickers fail to produce value for their shareholders. With this being the case, you need to be careful where you decide to invest your hard-earned money.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Here are two investment funds that have a track record of creating value for their investors, no matter what the market throws at them.RIT Capital PartnersRIT Capital Partners (LSE: RCP) is one of a handful of companies in the FTSE 250 that is still majority-owned and managed by its founding family. The trust was initially set up by the Rothschild family to preserve and grow their wealth over the long run.Its managers have done an outstanding job of meeting this goal. A sum of £10,000 invested in RIT at inception in 1988 would be worth £326,000 today. That’s a total annual return of approximately 12.1% per annum.The trust has achieved this return by investing in a basket of assets, including real estate private equity and derivatives.Where the firm excels is protecting investors’ capital in volatile markets. That’s why the company could be a great addition to a retirement portfolio.Unfortunately, due to its defensive nature and track record of creating value for shareholders, RIT is not cheap. It is currently dealing at a premium to net asset value at 5.5%.Still, considering the company’s track record of creating value for investors, it might be worth paying this premium to be part of the trust’s shareholder register.It also supports a dividend yield of 1.6% at a time of writing, which is more than you get on most savings accounts.As such, if you are looking for a trust that can protect your wealth in all market environments, it could be worth taking a closer look at RIT.Polar Cap Technology TrustThe technology sector has been one of the market’s best-performing industries over the past decade.However, picking tech stocks can be a risky process. That’s where the Polar Cap Technology Trust (LSE: PCT) can help.This trust has been navigating the technology industry since 1996. Over the past 10 years, the trust has returned 21.7% annualised. That’s enough to turn an initial investment of £10,000 into £71,000 today.This track record suggests that Polar’s managers know how to pick tech stocks. While the trust does not offer the sort of asset diversification provided by RIT, its long-term returns suggest that if you’re looking to build a sizeable financial nest egg, this fund is certainly worth considering.The good news is, today you can buy the trust as a discount. It is currently trading at a discount of 2% to its net asset value. It does not pay a dividend to investors, although considering Polar’s capital growth over the past decade, that’s not too much of a disaster.The largest holding in the portfolio, making up 9.5% of assets under management, is technology giant Microsoft. The trust charges an ongoing management fee of 1.3% as well as a performance fee for good returns.last_img read more

Start reading I’d buy these 2 FTSE 250 investment trusts to retire on today

Lions 2013: It’s all just a little case of history repeating

first_img8 Jun 2001: Jeremy Paul and Chris Latham and other Wallaby teamates share a laugh during a team photograph at the Sydney Football Stadium, Sydney, Australia. Mandatory Credit: Adam Pretty/ALLSPORT Unlike today’s team, more than a few Wallaby players were allowed to play the Lions in the lead-in, but the team itself played almost no rugby with one game against the New Zealand Maori just a day after the Lions’ first game ended 41-29 in their favour. Also, while it was not until the second Test, the Wallabies also decided to hand out free gold scarves to combat the overwhelming red that hit them in the opening game. This year the Wallabies are getting their retaliation in early, handing out free gold safari hats at all three Test venues.Joker: Chris Latham and teammates fool around in 2001However, it is in personnel changes and Test selection that there could be more than a few omens before the 2013 series starts.In 2001 an in-form centre was awarded a spot alongside Brian O’Driscoll after another player in his position limped out with injury, as Rob Henderson was assured a spot with Will Greenwood suffering a damaged ankle ligament. A full-back you could set your watch by was given a starter’s jersey, with Matt Perry the only real candidate for selection.There was also room on the wing for a man who had benefited from a previously-impressive colleague getting hurt, with Dafydd James picking up after Dan Luger was hobbled, and a winger who was turning Wallaby pockets inside-out, as Jason Robinson broke out much like George North has and hopefully will continue to do.On the opposite side of the ball, Australia picked a maverick full-back few had expected to see, with Chris Latham selected ahead of the ever-reliable Matt Burke. There were a few interesting swaps and a new cap in the front five, but that day there were several experienced performers and tactical choices, with Nathan Grey starting at inside centre ahead of proven helmsman Elton Flatley. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Looking for a little comfort: Warren Gatland cuts a lonely figure as he leaves the pitch after losing to the BrumbiesBy Alan DymockHEADING TOWARDS the first Test, the British and Irish Lions have an encouraging win against the Waratahs and a lacklustre loss against the Brumbies as inspiration for the first shot at the Wallabies.The loss will unsettle Warren Gatland like a dodgy shrimp off the barbie, but it was a limp performance from a quickly-assembled team boasting a handful of players likely to feature in the first Test. It was an afterthought of a game with an underperforming pack, but Gatland will be thankful there were no more injuries.Beneficiary: Rob Henderson in the first Wallaby Test, 2001Did it affect the Lions’ chances on Saturday at the Suncorp? No, even though it was another swift kick in the lower-pelt for some in the pride.History has shown that a loss can help motivate tourists heading into a first Test. It happened in 2001 and, in fact, there are more than a few parallels to be drawn between this tour and the trip 12 years ago, before the big one in Queensland.In 2001 the Lions had a number of injuries before the opening Test of the series, with winger Tyrone Howe, centre Scott Gibbs, hooker Gordon Bulloch and flankers Martin Corry and David Wallace all playing a part coming into the Gabba.The team had a loss before hand, being downed 28-25 by Australia ‘A’. After that game head coach Graham Henry bemoaned the team’s clumsy shuffling at the lineouts, saying: “Our lineout was not acceptable. We lacked basic sharpnessand a lot of negatives came out of the game. We need to put some more time into our lineout work, which needs to be quality time. …Reality has really set in.”The build-up by the Wallabies that year also had some tiny similarities with the 2013 incarnation. That day the Wallabies were overwhelmed.It would perhaps be indecorous to suggest that history will repeat itself or that the knocks the Lions have experience will actually make them stronger. Gatland does not seem the type to pick teams because of omens or place his faith in signs, but he has picked in a similar vain as Graham Henry heading into that first test.last_img read more

Start reading Lions 2013: It’s all just a little case of history repeating

Mayor Demings receives COVID-19 vaccine; Orange County gets 16,000 doses

first_imgShare on Facebook Tweet on Twitter Orange County Mayor Jerry Demings receives the Moderna COVID-19 vaccine. Please enter your comment! You have entered an incorrect email address! Please enter your email address here The Anatomy of Fear TAGSCOVID-19Eviction Diversion ProgramMayor Buddy DyerMayor Jerry DemingsOrange County GovernmentTestingUnited Way SurveyVaccines Previous articleFlorida sports wagering bills filed to spur stalled Seminole pact negotiationsNext article6 Ways to Safeguard Your Home Against Intruders Denise Connell RELATED ARTICLESMORE FROM AUTHOR Support conservation and fish with NEW Florida specialty license plate center_img LEAVE A REPLY Cancel reply Save my name, email, and website in this browser for the next time I comment. Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Please enter your name here From the Orange County NewsroomVaccine updatesAt Monday’s news conference, Orange County Mayor Jerry L. Demings and Orlando Mayor Buddy Dyer received the COVID-19 Moderna vaccine.Last week, Orange County received its first shipment of the COVID-19 vaccine, which included 16,000 doses of the Moderna vaccine. Since December 26, the County has been focusing on vaccinating its EMS workers in Orange County. For more information about this effort, visit the County’s newsroom.For the next phase of the COVID-19 vaccination, the Florida Department of Health in Orange County is rolling out a strategy to vaccinate the 65+ population in Orange County. Stay updated:Visit ocfl.net/VaccineDownload the OCFL Alert app or text OCFLCOVID to 888777 to receive vaccine updatesFollow Orange County Government on its social media channels and the local mediaYou can also provide your email address at ocfl.net/Vaccine to stay updated. Beginning Monday, Jan. 4, 3-1-1 will be able to help register residents and help those with language barriers register to make vaccination appointments.For a snapshot of the latest COVID-19 statistics in Orange County, visit ocfl.net/Covid19Snapshot. The snapshot updates Monday through Friday.COVID-19 Eviction Diversion Program extendedThe COVID-19 Eviction Diversion Program deadline has been extended to January 29, 2021. The County will keep the online application portal open until funds are depleted.The tenant prescreen portion of the application process has been eliminated.  The program will continue to operate in partnership with the Orange County Bar Association, Community Legal Services of Mid-Florida, and other local legal assistance nonprofit agencies.Visit ocfl.net/EvictionDiversion for a full list of eligibility criteria and required documents.Testing extendedOrange County Government’s Health Services Department has extended COVID-19 testing through January 30, 2021, at Barnett Park. The testing site will continue to operate 7 days per week from 9 a.m. to 5 p.m.  The site will be open on December 31 but closed on New Year’s Day, January 1, 2021.Both PCR/molecular and rapid tests are available to residents at this site. Due to the high demand for testing, entrance to the site usually closes prior to 5 p.m. in order to accommodate all cars in line. Please plan to be in the vehicle waiting line prior to noon. Families who are being tested are asked to be in the same vehicle together.For more information, visit ocfl.net/Testing and click on #1 on the testing map.United Way COVID-19 SurveyHeart of Florida United Way is conducting a community-wide survey to understand how the COVID-19 pandemic has impacted people throughout Central Florida.Please complete the survey available online and which can be accessed directly at HFUW.org/COVIDsurveylast_img read more

Start reading Mayor Demings receives COVID-19 vaccine; Orange County gets 16,000 doses

Russia Bans Ag Imports

first_img Russia Bans Ag Imports Facebook Twitter By Gary Truitt – Aug 6, 2014 Russia has banned agriculture imports from any country that has put sanction on Russia, which includes the United States.  The full list of products banned was to be published Today (Thursday). However, Russian media reported all products from the U.S. will be banned.   American Farm Bureau Federation President Bob Stallman said in a statement “It is unfortunate that the biggest losers in this will be Russian consumers, who will pay more for their food now as well as in the long run.”  The move follows the latest round of sanctions against Russia imposed by the EU last week, which for the first time targeted entire sectors of the Russian economy.The Associated Press reported Russia depends heavily on imported foodstuffs – most of it from the West – particularly in the largest and most prosperous cities such as Moscow. Food and agricultural imports from the U.S. amounted to $1.3 billion last year, according to the U.S. Department of Agriculture, and in 2013 the EU’s agricultural exports to Russia totaled 11.8 billion euros, or $15.8 billion. Home Indiana Agriculture News Russia Bans Ag Imports SHARE Facebook Twitter SHARE Previous articleEnlist, One Step Closer to RegistrationNext articleCheese With A Message Gary Truittlast_img read more

Start reading Russia Bans Ag Imports

Minister interferes again in editorial policy of state news media

first_img News August 10, 2004 – Updated on January 20, 2016 Minister interferes again in editorial policy of state news media The 2020 pandemic has challenged press freedom in Africa A decision by Botswana’s communication, science and technology minister, Boyce Sebeleta (photo), to drop the “Political Profiles” section from the state-owned Daily News and the press review from the state-owned Radio Botswana was “unacceptable meddling,” Reporters Without Borders said today.”This meddling in the editorial policies of these media is all the more unacceptable as it seriously weakens news diversity, because the two sections that have been eliminated offered a forum to the opposition in the first case and the privately-owned press in the second,” the organisation said.”This is not the first time that Sebeleta has initiated such acts of censorship with the aim of silencing anyone criticising the ruling Botswana Democratic Party (BDP),” Reporters Without Borders continued. Such abuses were “really worrying” in what was one of Africa’s most open countries as regards press freedom,” it added.Over the years, “Political Profiles” had become one of the mainstay’s of The Daily News, which is distributed free of charge. No explanation accompanied Sebeleta’s orders to drop it. Director of Information services Bapasi Mphusu has said its elimination is just temporary and that it was dictated by the need to modernise.But that is questioned by the opposition, which thinks the government is just trying to prevent it from having a voice in the country’s most widely-read newspaper two months before legislative elections.The jettisoning of Radio Botswana’s press review, which gave a lot of space to the privately-owned media, is seen as new evidence that the communication minister wants to gag independent newspapers. The Daily News used to be financed entirely by the government, but Sebeleta ordered it to start taking advertising last year and thereby compete with the privately-owned press. The editor of a local weekly said at the time: “We depend totally on advertising revenue to survive so this change will kill off alternative voices.”Another Radio Botswana programme, “Masa-a-sele,” which let listeners express their views on current affairs, was dropped at the end of last year. Sebeleta said it gave too much space to criticism of the ruling BDP. News BotswanaAfrica RSF_en Covid-19 emergency laws spell disaster for press freedom to go further Receive email alerts Organisation center_img News June 12, 2020 Find out more Reports BotswanaAfrica November 27, 2020 Find out more Follow the news on Botswana Help by sharing this information Covid-19 in Africa: RSF joins a coalition of civil society organizations to demand the release of imprisoned journalists on the continent April 6, 2020 Find out morelast_img read more

Start reading Minister interferes again in editorial policy of state news media

Charity wants focus to be on increasing rent supplements

first_imgPutting the focus on 163 homeless children NewsLocal NewsCharity wants focus to be on increasing rent supplementsBy Alan Jacques – August 20, 2015 855 Advertisement Email TAGSAlan JacquesCapital Assistance Scheme (CAS)Department of the EnvironmentEnvironment Minister Alan Kelly TDFocus Irelandhomelesshomelessnesslimerick Linkedin Ardpatrick man TG rises to the challenge for charity WhatsApp Ger Spillane of Focus Irelandby Alan [email protected] up for the weekly Limerick Post newsletter Sign Up Ger Spillane of Focus IrelandFOCUS Ireland has confirmed it is set to deliver 40 homes across Limerick City and County under the Government’s first significant housing development programme for the last number of years.Environment Minister Alan Kelly is providing over €13 million to fund the acquisition of existing buildings and the construction of new homes to deliver 110 homes in Limerick. The move is part of the national Capital Assistance Scheme (CAS) programme under which Minister Kelly has earmarked €153 million to deliver over 1,000 homes nationwide.Focus Ireland Limerick manager Ger Spillane welcomed the funding but explained it is a small step towards meeting the growing need for affordable housing in the city and county. The charity is now working with the Department of the Environment and the local authority to purchase 40 homes in Limerick.“We are keen to deliver them this year as they will provide a place to call home for people who are currently homeless or in housing need. However, I would highlight that this is 40 homes against a backdrop of over 4,600 households on the housing waiting list in Limerick. So, while welcome, it is no more than a small step towards meeting the growing need for affordable housing across the county,” said Mr Spillane.Focus Ireland already provides a place to call home for 650 households in homes they own or lease around the country. This latest CAS funding means the charity are set to provide 40 more homes here in Limerick and another 70 much-needed homes nationwide.However, the charity has warned that the Government decision earlier this year not to increase rent supplement levels has caused more families and single people to become homeless as they can’t simply afford to pay rising rents.“It is really positive news about the funding for the 40 homes in Limerick but it’s also Focus Ireland’s duty not to shy away from highlighting other Government policy decisions that are actually causing homelessness. The reality is that there are serious difficulties for single people and families securing suitable accommodation within the existing rent supplement limits in Limerick.“We will continue to call for rent supplement to be raised to help keep people in their existing homes to prevent them from becoming homeless in the first place,” Ger vowed.Meanwhile, Focus Ireland called for people in difficulties to contact the charity’s advice and information services in Limerick on 061-405300. Twittercenter_img Previous articleSoccer – Super Blues remain in the huntNext articleBasketball – UL Eagle Neil Campbell named in Hibernia squad for FIBA Cup Alan Jacqueshttp://www.limerickpost.ie RELATED ARTICLESMORE FROM AUTHOR 262 adults homeless in Limerick Facebook Limerick Post Show | Focus Ireland launch Shine A Light Night Print More than 300 adults are still homeless in Limerick Limerick rents rise fastest in the countrylast_img read more

Start reading Charity wants focus to be on increasing rent supplements

FHFA Paper Challenges Assumptions About 2008 Financial Crisis

first_img FHFA Paper Challenges Assumptions About 2008 Financial Crisis Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Home / Daily Dose / FHFA Paper Challenges Assumptions About 2008 Financial Crisis The Best Markets For Residential Property Investors 2 days ago The Federal Housing Finance Administration (FHFA) Friday released a revised working paper entitled,  “A Quarter Century of Mortgage Risk,” with the intention of improving policymakers’ understanding of how mortgage risk has evolved over time and the role it played in the 2008 recession, FHFA said in a press release.Using a comprehensive dataset that contains aggregated results using more than 200 million purchase-money and refinance mortgages from 1990 to 2019, the paper provides a summary measure of mortgage risk by estimating a so-called “stressed default rate.”The stressed default rate takes a loan made at any time from 1990-2019 and measures that loan’s risk as though it originated at the dawn of the 2008 financial crisis.”The size and scope of the expanded dataset in the paper provide researchers and policymakers more complete and more accurate historical information of mortgage risk than ever before,” noted FHFA. “Based on the expanded data, the paper presents key findings about mortgage risk in years leading up to the 2008 financial crisis and in America today.”The paper—written and researched by William Larson of FHFA, Morris Davis of Rutgers University, Stephen Oliner of the American Enterprise Institute, and Benjamin Smith of the University of Pennsylvania—can be read in full at FHFA.gov. And it identifies three key findings, according to its authors:Mortgage risk accumulation started earlier than previously thought.”The new data shows that the buildup of mortgage risk in the nineties was a precursor to the market failing in 2008; previous research could not identify the fact that a refinance boom from 2000-2003 masked the mortgage risk accumulation.”Risk accumulated with borrowers across all credit scores.”Leading up to the 2008 financial crisis, mortgage risk accumulated across the full spectrum of borrowers, not just those with low credit scores as some have previously asserted.”Lending standards relaxed leading up to the Great Recession.”Mortgage rate spreads between not-risky loans and very risky loans tightened for portfolio and private-label securities mortgages in the mid-2000s indicating an expansion of credit supply right before the Great Recession.”FHFA’s expanded data set, the press release explains, led to an additional key finding, which is that mortgage risk is accumulating again in America today.”Sustained house price appreciation is leading mortgage risk to increase.”The data set and paper is a working document, thus all data, tables, figures, and other results are subject to change, FHFA noted. At this stage, note the authors, “it is leading researchers to challenge some long-held assumptions about the impetus of the 2008 financial crisis.” 9 days ago 658 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Christina Hughes Babb Subscribe Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days agocenter_img 2021-05-21 Christina Hughes Babb 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. Servicers Navigate the Post-Pandemic World 2 days ago Previous: Why Homeowners Aren’t Selling in This ‘Super Sellers’ Market Next: The Week Ahead: Positive Trends Signal Drop in Forbearances  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily in Daily Dose, Featured, Government, Market Studies, News The Best Markets For Residential Property Investors 2 days agolast_img read more

Start reading FHFA Paper Challenges Assumptions About 2008 Financial Crisis