Today’s Mortgage Relief May Be Tomorrow’s Market Confusion

first_imgSign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Investment, News April 29, 2020 1,411 Views Tagged with: Forbearance Housing Market Today’s Mortgage Relief May Be Tomorrow’s Market Confusion Servicers Navigate the Post-Pandemic World 2 days ago Forbearance Housing Market 2020-04-29 Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Previous: Lender Agrees to Pay $15.06M to Resolve Allegations Next: DS5: How Servicers are Adapting Tech to the Crisis Demand Propels Home Prices Upward 2 days ago Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago With more than 6% of borrowers in forbearance plans on their mortgage loans, the question on many housing professionals’ minds is what’s next?More than 3.4 million homeowners will benefit from temporarily suspending their mortgage payments, according to data from Black Knight, but the details of how and when they repay those missed months of payment are still being ironed out. In order to help borrowers as quickly as possible in this unique and sudden financial crisis, the federal government is extending forbearance for any borrowers of government-backed loans who claim financial hardship. Borrowers did not have to undergo a lengthy application process. As such, the task of working with individual homeowners to determine the best approach to repayment will be left for later. Thus, “the real chaos won’t start until the pandemic passes,” stated an article in Bloomberg this week. Servicers will be dealing with a large volume of borrowers who need to work out repayment plans, while also working to ensure they are following new requirements set by the Federal Housing Finance Agency, Fannie May, or Freddie Mac. Meanwhile borrowers may be facing confusion or misinformation regarding their loan terms following forbearance.Servicers are already dealing with an uptick in call volumes. Thus far, Mr. Cooper Group Inc., told Bloomberg it has bolstered its servicing centers by 40% since the pandemic ensued, and the company’s website encourages borrowers to apply for assistance online due to the “high volume of calls we are now seeing and anticipate for the foreseeable future.” Michael Stegman, senior research fellow in the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis, told Bloomberg, “expect even more chaos when forbearance ends.” Already, the Federal Housing Finance Agency is working hard to dispel any rumors or worries that borrowers will have to repay their missed mortgage payments in a lump sum at the end of their forbearance period. Fannie Mae and Freddie Mac will require servicers to set up a repayment plan or loan modification before the end of the forbearance plan if the borrower’s financial hardship has ended. The loan modification could lower a borrower’s monthly mortgage payment and may add missed payments on to the end of the mortgage loan. In cases where it is necessary, forbearance may be extended, according to FHFA. The Federal Housing Administration will allow missed loan payments to become a second lien for borrowers that they will repay when they refinance or sell their home. The FHFA may announce a similar plan. There is the potential for servicers to become overloaded with loan modification applications similar to in the 2008 financial crisis. About Author: Krista F. Brock The Best Markets For Residential Property Investors 2 days ago Krista Franks Brock is a professional writer and editor who has covered the mortgage banking and default servicing sectors since 2011. Previously, she served as managing editor of DS News and Southern Distinction, a regional lifestyle publication. Her work has appeared in a variety of print and online publications, including Consumers Digest, Dallas Style and Design, DS News and DSNews.com, MReport and theMReport.com. She holds degrees in journalism and art from the University of Georgia. Home / Daily Dose / Today’s Mortgage Relief May Be Tomorrow’s Market Confusion  Print This Post Demand Propels Home Prices Upward 2 days ago Subscribelast_img read more

Lessons of the Week! Kelli O’Hara, Lin-Manuel Miranda & More

first_imgHappy Friday the 13th! While you’re off avoiding black cats, broken mirrors and ladders, take some time to catch up on the wackiest news from this week on the Great White Way. It’s been a wild ride for the past seven days, so there’s a lot to take in. From a forgetful genius to a totally committed lion, we’ve got you covered with the Lessons of the Week!Kelli O’Hara is Her Own PercussionThe Worm is so last season. While taking a seat on the Broadway.com couch with her King and I co-star Hoon Lee, Tony winner Kelli O’Hara revealed that whenever she feels afraid she clacks her teeth in lieu of whistling a happy tune. Think the entire ensemble of Stomp, but it’s Kelli O’Hara’s mouth. It’s very impressive…and cringe-worthy to those with gum sensitivity.Lin-Manuel Has Too Much On His MindWe know, we know. Lin-Manuel Miranda is a genius. He can make U.S. history cool. He can rhyme “askance” with “pants.” He can rattle off Camelot for Charlie Rose. However, the man behind Hamilton doesn’t know his Social Security Number. We totally understand. Nine digits is a lot to handle when entire scores are floating around in your head. At least he knows his name. What’s your name, man?David Alan Grier Is a Method LionThe Wiz Live! is just weeks away from easing on down the road to NBC, and Tony nominee David Alan Grier is already in costume. And, uh, we don’t think he’s taking it off any time soon. “I actually went to the Central Park Zoo and I was put in a cage with lions, just to get their movements,” he said recently. That seems like a good way to get in character as a lion, but not exactly cowardly.LuPone & Ebersole Will Make UpPatti LuPone’s been Christian Dior-ed from her head to her toes, and Christine Ebersole knows that the best kind of clothes for a protest pose is this ensemble of pantyhose. Now, after teaching us all about fashion on the Broadway stage, the Tony-winning duo will explore the world of cosmetics in War Paint, premiering in Chicago in June 2016. On that note, we’ll be in Chicago in June if you need us.Sierra Boggess Loved Being MiserableSome say Fantine’s life is miserables (you know, the job, the haircut, the prostitution, the death, etc.) But not Sierra! According to the School of Rock darling, that Les Miz role was “the greatest, most fun time” of her life. Well sure—you have all that downtime backstage between dying and coming back as a ghost! Just be careful; that mid-show break got a certain cosmetic stalwart in trouble.Matt Ryan Also Loved Being MiserableMove over, Sierra. You’re not the only one who enjoys singing and dying in a three-hour French epic. Before Thérèse Raquin star/heartthrob Matt Ryan was jumping into onstage rivers, he was slumming in Saint Michele, living on crumbs of humble piety in the West End around the age of 10. We’re thrilled he’s back on stage a couple decades later, looking dapper as ever.Jay Kuo Needs to Aim “Higher”Someone needs to update his vision board. At the opening night of his new musical Allegiance, composer Jay Kuo told us that when he was a kid, he’d listen to the Miss Saigon album constantly, hoping to one day meet Lea Salonga. Now, he’s writing songs about swinging higher for her. It’s like The Secret on steroids!Nina Arianda Is a Red Sock ThiefWhen we asked you to submit questions for Fool for Love stars Nina Arianda and Sam Rockwell’s visit to Broadway.com HQ, we inadvertently got involved in some unexpected family drama. Arianda’s dad got in on the action by getting Rockwell to ask her if she stole his red socks. She did, and she’s not giving them back. Sorry, Nina’s dad. Will you settle for some red kinky boots instead?We’re on a Cake!Oh my gaw. BROADWAY.COM. WE’RE ON A CAKE! Lesli Margherita’s Looks Not Books spinoff Dames at Sea vlog has sailed away for good, but not before giving us a glimpse of the oh-so-nautical opening night party at Sardi’s (Lesli was even permitted inside!) And Ship Happens (and, by proxy, us) have officially made it by making an appearance at the base of the cake! Fame tastes so sweet.There’s a Psycho B’way Family ReunionThey don’t need a life that’s normal; that’s way too far away. And it’s probably better that way, because a life with investment bankers with serial killer tendencies is definitely not normal. Alice Ripley and Jennifer Damiano, after playing mother and daughter in Next to Normal, will appear in American Psycho on Broadway this spring. And no, Jenn, we don’t know who’s going to vlog for us yet 😉 View Comments Star Filescenter_img Sierra Boggesslast_img read more

NASCAR cancels Watkins Glen International weekend

first_imgWGI says ticket holders will receive a full credit for their purchase and an additional 20 percent of the total amount in their account within 5 to 7 days. “While we are disappointed we will not experience NASCAR in New York this year, as we look broadly at the current pandemic in our country and around the world, we must focus first on everyone’s safety and well-being as NASCAR seeks the best way to continue delivering a remarkable on-track product week after week.” WGI President Michael Printup released a statement reading in part: following statement: WATKINS GLEN (WBNG) — Watkins Glen International announced NASCAR Weekend will not be coming to New York next month. It has been moved to Daytona International Speedway for the weekend of Aug. 14 through 16. The credit can be applied to a NASCAR race event in 2020 or 2021 at a NASCAR-owned track.last_img read more

Mike Trout to miss MLB all-star game with injury

first_imgPagasa: Kammuri now a typhoon, may enter PAR by weekend Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ LOOK: Jane De Leon meets fellow ‘Darna’ Marian Rivera China furious as Trump signs bills in support of Hong Kong The all-star game will take place July 11 in Miami.Sports Related Videospowered by AdSparcRead Next Trending Articles PLAY LIST 00:50Trending Articles01:04Trump attends World Series baseball game in Washington DC00:50Trending Articles02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games NCAA Season 93 Preview: Lyceum Pirates challenged by dark horse label Another vape smoker nabbed in Lucena Lacson: SEA Games fund put in foundation like ‘Napoles case’ “I couldn’t be more honored to be voted to play in the all-star game this season,” Trout said in a news release. “There are so many players in our game that deserve to be on the all-star team so to be elected again is truly humbling. FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool stars“We play this game day in and day out for the fans so I am incredibly grateful that they see me as deserving of such honor.”Trout, who was hitting .337 with 16 home runs and 36 RBIs before the injury, was elected as a starter for the American League for the fifth straight year. MOST READ Nikki Valdez rushes self to ER due to respiratory tract infection Pagasa: Kammuri now a typhoon, may enter PAR by weekend ANAHEIM, CA – JUNE 01: Mike Trout #27 of the Los Angeles Angels of Anaheim looks on from the dugout with a cast on his left hand during the fourth inning of the MLB game against the Minnesota Twins at Angel Stadium of Anaheim on June 1, 2017 in Anaheim, California. Victor Decolongon/Getty Images/AFPReigning American League MVP Mike Trout will miss the 2017 Major League Baseball all-star game with a thumb injury, the Los Angeles Angels announced Monday.Trout has missed 33 games after having surgery to repair a torn ligament in the thumb.ADVERTISEMENT LATEST STORIES Don’t miss out on the latest news and information. View commentslast_img read more

Plantar fascia

first_imgThe plantar fascia is a very thick band of tissue that covers the bones on the bottom of the foot. It extends from the heel to the bones of the ball of the foot and acts like a rubber band to create tension which maintains the archof the foot. If the band is long it allows the arch of the foot to be low, which is most commonly known as having a flat foot. A short band of tissue causes a high arch.This fascia can become inflamed and painful in some people, making walking more difficult.Review Date:3/1/2012Reviewed By:Linda J. Vorvick, MD, Medical Director and Director of Didactic Curriculum, MEDEX Northwest Division of Physician Assistant Studies, Department of Family Medicine, UW Medicine, School of Medicine, University of Washington. C. Benjamin Ma, MD, Assistant Professor, Chief, Sports Medicine and Shoulder Service, UCSF Department of Orthopaedic Surgery. Also reviewed by David Zieve, MD, MHA, Medical Director, A.D.A.M., Inc.last_img read more

Flipkart Big Diwali Sale starts from Nov 1: Discounts and deals on Redmi Note 5 Pro, Vivo V11 Pro, Moto One Power and more

first_imgAfter the Big Billion Days sale, e-commerce giant Flipkart is back with another festive sale that starts from tomorrow i.e. November 1. The Flipkart Big Diwali Sale is set to go live from November 1 on the Flipkart official website and will run until November 5. Buyers who missed on the good deals during the Flipkart Big Billion Days sale can explore the website during the Big Diwali sale to avail some decent offers.Flipkart has partnered with State Bank of India (SBI) to offer an instant discount to customers shopping with SBI debit or credit card during the sale. The details on this offer are yet to unveil. Flipkart Plus customers will have early access to the offers. A Complete Mobile Protection plan starting at Rs 99 will also be available during the sale. Phones from top brands like Xiaomi, Nokia, Motorola, Realme, Asus, Poco and similar more will be on offer during the sale period.There will be Rush Hours, Price crash, and Crazy deals during the sale.Ahead of the sale, Flipkart gives us a sneak-peak into some of the deals that are set to go live during the sale. Take a look.– Redmi Note 5 Pro at Rs 12,990: The Redmi Note 5 Pro will be available at a discount of Rs 2000 during the sale. It will sell at Rs 12,990. The smartphone sports a 5.99-inch Full HD+ display and is powered by Qualcomm Snapdragon 636 SoC with 6GB RAM and 64GB of internal storage. Further, the phone sports dual rear cameras consisting of 12MP + 5MP and a 20MP front camera. It is run by a 4000mAh battery.advertisement– Vivo V11 Pro at Rs 15,990: The 4GB variant of Vivo V11 Pro which was launched last month in China has been listed on Flipkart. The phone will be available during the Big Diwali sale. The phone will be available at a discount of Rs 2000 during the sale. The phone will sell at Rs 15,990. Vivo V11 Pro smartphone sports a 6.41-inch display. It is powered by octa-core processor with 4GB/6GB RAM and 64GB internal storage which is expandable. It is powered by a 3400mAh non removable battery.– Motorola One Power at Rs 15,999: Moto One Power will sell at Rs 15,999 during the sale. The smartphone features a 6.2-inch FHD+ display and is powered by the Snapdragon 636 SoC and comes with 4GB of RAM and 64GB of internal storage. It packs a dual rear camera setup consisting of 16MP + 5MP and a 12MP front camera. The phone is backed by a 5000mAh battery.– LG G7 ThinQ at Rs 29,999: The LG G7 ThinQ will receive a price cut and sell at Rs 29,999 during the sale. The phone sports a 6.10-inch display with a resolution of 1440 pixels by 3120 pixels and is price starts at Rs 33,990. The smartphone is powered by octa-core processor coupled with 4GB of RAM and 64GB of internal storage which is expandable. Camera-wise, the LG G7 ThinQ sports a 16MP rear camera and 8MP front camera. It is backed by a 3000mAh battery.– Nokia 5.1 Plus at Rs 10,499: Nokia 5.1 Plus will sell at a discounted price of Rs 10,499 during the Flipkart Big Diwali sale. Nokia 5.1 Plus sports a 5.86-inch screen, is powered by 1.8GHz octa-core processor and it comes with 3GB of RAM. The phone packs 32GB of internal storage that can be expanded up to 400GB via a microSD card. The Nokia 5.1 Plus sports a dual camera set up of 13MP + 5MP sensors on the back and a 8MP front camera. It is powered by a 3060mAh non removable battery.ALSO READ: Flipkart Big Diwali sale phone deals revealed: Moto X4 will sell for Rs 10,999, Redmi Note 5 Pro for Rs 12,990last_img read more

2008 World All Schools Tournament

first_imgA massive 262 touch football teams will be converging on White Hills Reserve Brisbane for the 4th World All Schools Tournament. The tournament will be held from Thursday 9 October until Sunday 12 October.  This is the second time the tournament will be held in Brisbane, after the city hosted the second tournament in 2003. Singapore hosted the tournament in 2006, with Southport, Queensland the first ever host in 2001.last_img

In The Spotlight – Peta Rogerson

first_imgIn the twentieth edition of In The Spotlight, Australian Women’s Open player, Peta Rogerson, speaks about the biggest influences on her Touch Football career and what it means to her to be representing Australia at the 2011 World Cup.  Name: Peta RogersonNickname: Skeet Age: 29Affiliate: Kawana, Sunshine Coast  Occupation: Physical Education Teacher  Position: Middle  Debut for Australia: 2005 All Nations in New ZealandCareer highlights so far: World Cup win in South Africa  How you got involved in Touch Football:  Started playing at school and in a local comp with my dad.  Favourite player: It’s hard to name one – I love playing with Casey Clark, Hayley Rogerson and Mary Steele.  What does it mean to you to be representing Australia at the 2011 World Cup: It is an amazing feeling to represent your country and the World Cup is the pinnacle tournament for the sport. It is very special.  Biggest influence on your Touch Football career: My husband is very good at critiquing my game and is always there to help me train. Craig Morrow (coach of the Queensland Pride, Sunshine Coast and Colts) has also helped me develop as a player.  Favourite sporting moment: I have two. 1) winning the World Cup in South Africa, 2) winning the Brisbane season for the first time (we had many years of getting knocked out in the semi’s – made it that more special).What do you know about Scotland: It’s cold and wet! But very pretty! Any superstitions: Not really, I do like a hot shower and good stretch before heading out to the fields and I have learnt that I play better when I am more relaxed so usually try to have a bit of a laugh with someone during the warm up.Funniest Australian teammate: Rebecca Tavo always makes me laugh. Favourite quote: “Winning does not happen out on the stadium field in front of a huge crowd, it happens in your local park when it’s raining and you are by yourself training.” Any travel plans for after World Cup: My family is coming over to watch, so will do a couple of days relaxing with them after the comp and then travelling around Scotland, Ireland and England for three weeks with my husband – can’t wait. Stay tuned to the website for the upcoming editions of In The Spotlight, which will feature every Open’s player travelling to the World Cup.  With only 34 days to go until the 2011 Federation of International Touch World Cup, be sure to be regularly visiting the Touch Football Australia website to keep up-to-date with all of the latest news and information. Don’t forget to become a fan of Touch Football Australia on Facebook and Twitter in the lead up to the 2011 World Cup to find out all you need to know about Australia’s World Cup campaign by clicking on the following links:http://www.facebook.com/#!/pages/Touch-Football-Australia/384949403384 www.twitter.com/touchfootyauslast_img read more

AP Poll Features Many Changes After Wild Week 5

first_imgThe AP poll shows rankings 2 through 4 for week 6. taylor decker urban meyerTwitter/@TDeck68Saturday’s action, which featured losses by four of the top eight teams in last week’s AP Poll, turned the college football world on its head. Ole Miss, which sat at No. 3 following a big win in Tuscaloosa two weeks ago, lost in The Swamp to Florida, while Notre Dame, UCLA, and Georgia all fell. As expected, Clemson and Alabama, who beat the Fighting Irish and Bulldogs respectively, are among the biggest climbers at the top of this week’s Top 25. Undefeated Ohio State remains atop the poll after a very close win against Indiana in Bloomington, but a number of teams are gaining some serious momentum this season.Here is the full AP Top 25:1. Ohio State2. TCU3. Baylor4. Michigan State5. Utah6. Clemson7. LSU8. Alabama9. Texas A&M10. Oklahoma11. Florida12. Florida State13. Northwestern14. Ole Miss15. Notre Dame 16. Stanford17. USC 18. Michigan19. Georgia20. UCLA21. Oklahoma State22. Iowa23. Cal24. Toledo25. Boise StateHere is last week’s AP Poll, and this week’s Coaches Poll, for comparison. How did the writers do this week?last_img read more

Steve Spurrier Named Ambassador, Consultant For Florida Athletics

first_imgSteve Spurrier seen on College GameDayTwitter/@PickSixPreviewsWhen Steve Spurrier resigned as South Carolina’s head coach midseason last year, there were many who believed that at some point, in some form, he’d head back to his alma mater – Florida – to finish up his career. It turns out they were right.Steve Spurrier will serve as an ambassador and consultant for Florida athletics, per UF release.— David Ubben (@davidubben) July 29, 2016Spurrier, who played quarterback for the Gators from 1963-1966, won a Heisman Trophy and later coached the program for 12 seasons, is headed back to Gainesville. Florida has announced that Spurrier will be an Ambassador and a Consultant for the Florida athletic department. Here’s more from AD Jeremy Foley, via Florida’s official website:“It’s a great day for the Gator Nation to be able to welcome Coach Spurrier back home,” Foley said. “He has served as a tremendous ambassador to the University and the athletic department for 50-plus years and it’s only fitting that at this point in his career, he is back in Gainesville. Being a Gator has always meant so much to Coach Spurrier, but it means just as much to us have him come home.”Spurrier began his college head coaching career at Duke, posting a 20-13-1 record from 1987-1989. After coaching the Gators for 12 seasons, during which he won a national title, he tried his hand in the NFL, coaching the Washington Redskins for two seasons. He later returned to the college ranks in 2005, spending 11 years as the head coach of the South Carolina Gamecocks. Spurrier retired from coaching after six games this past season.Last month, Florida announced that it would be naming its football field in Spurrier’s honor.In 26 seasons as a collegiate head coach, Spurrier posted a 228-89-2 record with one national title – in 1996. His teams finished ranked in the top ten of the AP Poll 13 times.last_img read more