The Best Markets For Residential Property Investors 2 days ago Previous: Investors: Check Out the Latest SFR Market Stats Next: Senate Banking Committee Mulls Powell and Montgomery Noms The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Home / Daily Dose / Protecting Mortgage Consumers from Watchful Eyes Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago About Author: Rachel Williams Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Protecting Mortgage Consumers from Watchful Eyes In a recent letter, the National Association of Federally-Insured Credit Unions (NAFCU) asked the Consumer Financial Protection Bureau (CFPB) to excluded more Home Mortgage Disclosure Act (HMDA) data from public disclosure.HMDA requires financial institutions to maintain, report, and publicly disclose information about mortgages. You can view the CFPB’s HMDA data by clicking here.Speaking on behalf of the organization, NAFCU’s Regulatory Affairs Counsel Andrew Morris proposed these disclosure changes to ensure sensitive consumer financial information was adequately safeguarded.”HMDA’s statutory purpose does not specify that the public should be able to dissect every aspect of a lender’s underwriting process, and while NAFCU understands that transparency is valuable, there is a point at which the risks to privacy outweigh the benefits of expanded disclosure,” Morris wrote. “NAFCU believes that the proposed policy guidance does not strike the correct balance.”Morris sentiments echo those of many in the industry who have expressed concerns about better protecting data after the recent high-profile Equifax breach. According the NAFCU, failure to take further precautions with HMDA data could “elevate the risk of fraud, identity theft, or embarrassment for individual borrowers or applicants.”Final HMDA rule changes will take effect on January 1, with the bulk of data submissions due in 2019.To learn more about NAFCU’s letter, click here. in Daily Dose, Featured, Government, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago November 27, 2017 1,290 Views Share Save Tagged with: CFPB HMDA HOUSING Loan mortgage NAFCU Servicers Navigate the Post-Pandemic World 2 days ago Rachel Williams attended Texas Christian University (TCU), where she graduated with Magna Cum Laude with a dual Bachelor of Arts in English and History. Williams is a member of Phi Beta Kappa, widely recognized as the nation’s most prestigious honor society. Subsequent to graduating from TCU, Williams joined the Five Star Institute as an editorial intern, advancing to staff writer, associate editor and is currently the editor in chief and head of corporate communications. She has over a decade of editorial experience with a primary focus on the U.S. residential mortgage industry and financial markets. Williams resides in Dallas, Texas with her husband. She can be reached at [email protected] The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago CFPB HMDA HOUSING Loan mortgage NAFCU 2017-11-27 rachelwilliams Subscribe
By Alan BaldwinMANAMA,(Reuters)-Ferrari’s Sebastian Vettel forged seven points clear at the top of the Formula One standings on Sunday after winning a Bahrain Grand Prix thriller that saw Lewis Hamilton penalised for underhand tactics.Hamilton, who had started the floodlit race level on points with the German, took second place for Mercedes after staging a late chase following the five-second penalty for driving deliberately slowly into the pits.Hamilton’s Finnish team mate Valtteri Bottas was third after leading from his first pole position, struggling with his tyres and twice respecting team orders to allow the faster Briton through.The victory was Vettel’s second of the season after the four-times world champion won the opener in Australia. Hamilton, who won in China last weekend, crossed the finish line 6.6 seconds behind.Vettel’s 44th win lifted him to 68 points, with Hamilton second on 61 and the championship looking ever more likely to be an evenly matched battle between the two with Ferrari and Mercedes a cut above the rest.“Yes guys, that’s what I’m talking about,” whooped the German, who was helped by a safety car after an aggressive early pitstop.“It was a really great day. It was on the last half of the out lap when all the fireworks were going off that I was like ‘I love what I do’,” he said.Hamilton’s race, already compromised by Vettel passing him off the start for second place, unravelled further when he drove “unnecessarily slowly” as he came in for his first pit stop.The move was a deliberate one to prevent Red Bull’s Daniel Ricciardo getting the jump with a quick stop while Hamilton waited behind Bottas, already in the pits.The Briton served the penalty at his second stop, frustration evident from his shaking helmet, before charging back and taking more than a second a lap out of Vettel’s advantage.The task of making up 20 seconds in 16 laps was ultimately too great a task.BACK FOOT“The pitlane was my fault and apologies to the team. I tried my hardest to catch up,” said Hamilton, who thanked Bottas for his help.Mercedes team boss Toto Wolff said the Finn’s hopes of a first win had been hit even before the start when a problem with a generator on the grid left him with the wrong tyre pressures.“From then on we were on the back foot,” he said.Bottas kept the lead for the opening laps, with Vettel close behind in a five-car train.The safety car appeared on track after 18-year-old Canadian newcomer Lance Stroll, suffering his third retirement in three races, turned into Toro Rosso’s Carlos Sainz as the Spaniard left the pits.“I got hit from the side,” the Williams rookie exclaimed.The safety car appeared on track after 18-year-old Canadian newcomer Lance Stroll, suffering his third retirement in three races, turned into Toro Rosso’s Carlos Sainz as the Spaniard left the pits.“I got hit from the side,” the Williams rookie exclaimed.Red Bull’s Max Verstappen had already crashed out by then, blaming brake failure after he trekked across the gravel into the tyre barrier on lap 12.“It was a great team effort today and I felt like we are quick. I tried to put Valtteri under pressure. But the early pit stop worked,” said Vettel.“Lewis obviously was a very big threat again towards the end… but the car was a dream today.”Ferrari’s Kimi Raikkonen finished fourth with Australian Ricciardo fifth for Red Bull and Brazilian Felipe Massa sixth for Williams on the 75th birthday of team founder Frank Williams.Mexican Sergio Perez finished seventh for Force India, his 13th successive points finish, with Frenchman Romain Grosjean eighth for U.S.-owned Haas.Germany’s Nico Hulkenberg was ninth for Renault, that team’s first points of the year, and French rookie Esteban Ocon bagged the final point for Force India.McLaren’s nightmare continued with Belgian Stoffel Vandoorne failing to start and Fernando Alonso retiring on the final laps but classified 14th.“I never raced with less power in my life,” the Spaniard told his team.
Golfers were excited at the closing ceremony of the Umaru Anita and Timothy Atuk retirement golf tournament held over the weekend at the Benin Club Golf Section (BCGS), golf course, Benin City, Edo State.At the end of the well-attended golf retirement tourney organised by the Committee of Friends and Golfers in conjunction with NNPC Medical Service and BCGS, Dr Anslem Dere and Princess Nkiruka Awiaka were declared winners in men’s and ladies category respectively.Dr. Dere played a net score of 72 to emerge winner ahead of Esosa Ogbomo who settled for second position through count back over Sam Awiaka, having both played 73 net respectively. Osaze Iyare won his usual best gross award with 79 gross. Ex lady captain, Princess Awiaka was at her best again with 72 net by winning her second trophy within two weeks, just as another ex-lady captain, Debby Otabor played 77 net for second place ahead of another incumbent lady captain, Habiibah Oyeghe Oyarekhua with 79 net.However, encomiums were showered on the both retirees by the likes of the Vice captain of the club, Mayer Ologbosere; Dr James Agada, who represented Dr. Musa Shaibu, Managing Director, NNPC Medical Services Limited, Dr. Dakop Yoila, and many others for their exemplary services to the organisation and BCGS.In the same vein, Umaru and Atuk expressed appreciations to the club for organising such wonderful golf tournament on their behalf. They added that it showed how lovely members of this great golf family are in honouring them with the tournament that attracted almost 100 golfers across Nigeria.Meanwhile, other winners included Dr. John Ogbeide, who won the men’s super-veteran category with 78 net. R. Osahon beat M. Azugbene on count back having both played 77 net in the men’s veteran event. While Lucy Onoabhagbe won the ladies veteran with net score of 79.The highlight of the event was presentation of trophies to winners while the club led by its vice-captain of the club presented Queen Idia bronze cast head to the two retirees for their roles in enhancing golf development in the club.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram
The USC Spirit Leaders will debut a 40-foot banner to roll over student section Saturday at the student section to raise student spirit.A few minutes before kickoff against Stanford, spirit leaders in cooperation with Trojan Knights and Helenes will walk to the top of section 23 and direct students to hold their hands up for the banner to roll over them.The idea came from banners typically rolled over crowds at other sporting events, said Shana Schwartz, associate head coach of the Spirit Leaders.“In the past we’ve done card stunts and other things that haven’t been successful,” Schwartz said. “We had seen the banner at some professional soccer games and really began to look into this as one of our new ideas to raise school spirit along with the large trojan head flag we run out during games.”The spirit leaders hope for the banner to appear at every home game.“Hopefully students will want to come earlier to be a part of this new tradition,” Spirit Leader Captain Emily Gee said. “I hope for this to be a symbol that our student section is there and supportive no matter what.”Josh DeMilta, a junior majoring in broadcast journalism, said the banner could help students show support for USC during the game.“A banner would help the student section be more spirited and I’m all for the idea,” DeMilta said. “We need something like this to become more cohesive as a group and really show our presence at the games.”Schwartz said she has been satisfied with the school spirit of the student section so far and believes this will only make it better.