Siksika Nation becomes first reserve in Alberta to endorse home ownership

first_img(Nelson Breaker stands by the site where his home is being built on the Siksika Nation. He said his dream of owning a home in Siksika has come true. Photo: Brandi Morin/APTN)APTN National News Brandi MorinSIKSIKA NATION, ALTA — The Siksika Nation east of Calgary celebrated the construction of the first on-reserve, individually owned home in Alberta on Friday.The nation is utilizing funds through the First Nations Market Housing Fund (FNMHF) which assists First Nations to gain access to housing loans on reserve and settlement lands.“It’s something that is needed by our reserve, it’s something that is needed by our members,” said Siksika Chief Vincent Yellow Old Woman.“I said let’s get it done. And we got it done.”Chief Vincent Yellow Old Woman speaks at the site of the new home being constructed through the FNMHP at Siksika Nation. Photo Brandi Morin/APTNThe initiative, established in 2008, was started through the Kelowna Accord and is the only program to survive after the Harper government failed to pass the Paul Martin led agreement.The Canadian government made a one-time investment of $300 million for the FNMHF.The investment, now held in trust, has the potential to create $3 billion in investments in on-reserve housing, on settlement lands and lands set-aside for First Nations across Canada.Siksika Nation member Nelson Breaker is the first resident to receiving financing through the program.Construction began on his 2820 square foot home two weeks ago.Contract workers at the site of where Nelson Breakers home is under construction. All of the contractors are from Siksika Nation. Photo: Brandi Morin/APTNBreaker said it’s a dream come true.“This building process took 9 months to get going,” said Breaker. “But now they’re making my dream into a reality.”Breaker, his wife and children have lived in Calgary for the past 40 years and have never owned their own home. He said he’s happy to be able to finally move back home to Siksika as a new homeowner.“Plus I’m starting to set roots for my grand-kids. This will be my grand-kids home, my kids and my family’s. It’s been a long journey and I’m so excited.”Nation members have the ability to choose the type of home they want to build, unlike the cookie cutter models seen on most reservations across Canada.Breakers home will feature a walk out basement, hot tub and wrap around deck. It’s made more affordable through the backing of the FNHMP, while also partnering with the Bank of Montreal.“I want people to feel what I’m feeling right now. I’m so proud,” said Breaker who hopes to move in at the end of December.The Siksika Nation was hit hard by the 2013 Bow River flood.Approximately 100 homes were destroyed and more than 1,000 people were forced from their homes.Some community members are still living in hotels while they wait for additional provincial government flood recovery money.Flooding on the Siksika Nation in 2013.There are currently 500 people on the housing wait list in Siksika, and in total three community members have been approved for mortgages through the FNHMP.Chief Yellow Old Woman sees the FNHMP as an opportunity to help community members get back on their feet.“We are looking to the FNHMP as a long-term partner and we are grateful for the opportunity to create a variety of housing options for our citizens. The Siksika Nation sees the home as a sacred space, a place for families to gather and celebrate who we are as Peoples!” concluded Chief Yellow Old Woman.“Your leadership is looking after your people, to build houses all over this beautiful country you have here,” said FNHMP chair of the trustees John Beaucage.“Siksika has worked hard for this. I’d like to come out for the 100th or maybe even the 500th home built.”bmorin@aptn.calast_img read more

VIP Manny Blu Lunch Show for the Fort St John Salvation Army

first_imgManny Blu, a recent transplant to Nashville, has wasted no time putting himself smack dab in the middle of Nashville’s music scene.  However, music wasn’t Manny’s first passion. Hockey, Golf and MMA were where his heart found happiness. Putting his efforts into MMA training for years, he made his amateur debut on Oct 12, 2013. He emerged victorious, although walked away injured and requiring time to rest and recover. Being inspired by none other than BB King during this time off from MMA, Manny picked up the guitar and began learning to play.  He had no idea that learning a few chords could dramatically change his career path. Since his MMA injury and focus shift towards music, Manny has continued writing and performing throughout Canada honing his craft and abilities. Being influenced by the talents of John Mayer, Adam Levine, Jordan Davis, and Sam Hunt Manny continued working on his writing for his debut EP. Eventually, taking meetings and building his network that lead him to relocate to Nashville to work on his new record and build his career. For many, music is a way to heal and connect – We are happy to have the Fort St. John Salvation Army Food Bank join us as the benefactor for this event.  Located near the Lido Theatre, the Food Bank operates on a drop-in basis from 10am – 11:50am. People can come in, have a cup of coffee, grab a snack and sign up for a food bank slot, on a first come first serve basis.  ​From 1:00pm – 3:55pm, the food bank offers appointments for those who may be using the food bank for the first time or may have additional needs they’d like to discuss with our Community Ministries Worker. Music, munch & Manny Blu come together for the Fort St. John Salvation Army Food Bank!  Manny Blu is coming to Fort St. John as a part of the star-studded line-up for the Hit After Hit Tour with George Canyon.  Nothing says community and country music quite like a fundraising lunch show with this Canadian Music newcomer. Join Moose FM, Just Jacks and Chances Casino for Manny Blu: Unplugged on Thursday, May 2nd.Tickets will be $20 at the door with all proceeds going towards the Fort St. John Salvation Army Food Bank.  Doors open at 12:00 PM and the show begins at 12:30 PM.  Your ticket purchase includes: Buffet Lunch from Just Jacks, $20 towards slot play at Chances Casino, and an intimate show with country artist Manny Blu; including opportunity for Meet & Greets and Q&A.last_img read more

DR Congo UN submits report on February violence in far west to

The report deals with human rights abuses committed by Government forces and by members of the Bunda Dia Kongo (BDK) armed movement during the February stand-off between the two sides in the far west of the country.MONUC expects the report to be released to the public after the Congolese Government has confirmed they have received it.The Congolese national police have been involved in violent and sometimes deadly clashes with the BDK politico-religious movement since the beginning of the year.Meanwhile, the UN mission notes an overall decrease in the number of violations of recent agreements between the Government and various armed groups in North and South Kivu provinces in the east of the country. Over the weekend, the UN’s Deputy Special Representative and Humanitarian Coordinator Ross Mountain visited Goma, the main town in North Kivu Province, to assess the security and humanitarian situation in the area. MONUC noted “with satisfaction” a decrease in the number of ceasefire violations by different military factions in the Kivus. The UN mission also called on all armed groups in the provinces and in other parts of the country to release child combatants in their ranks.After discussing the impact of the global food crisis on already extremely vulnerable populations in the Kivus, Mr. Mountain said that the UN, in close consultation with the Congolese authorities, was looking for rapid solutions to improve the situation. 21 May 2008The United Nations mission in the Democratic Republic of the Congo (MONUC) said today that it has sent a report on the February 2008 violence in the Bas-Congo province to the Congolese authorities. read more

United States UN rights expert expresses alarm over military trial of detainees

The detainees were last week declared liable for a military tribunal as suspected members of Al-Qaeda or “otherwise involved in terrorism directed against the United States.””In proceeding to apply these drastic measures to counter terrorism, the United States Government is seen defying United Nations resolutions,” Dato’ Param Cumaraswamy, Special Rapporteur on the independence of judges and lawyers of UN Commission on Human Rights (UNCHR) said in a statement in Geneva.”These resolutions reiterate and affirm that States must ensure that any measure taken to combat terrorism must be in accordance with international law including international human rights, refugee and humanitarian law,” he added.UNHCR said the Special Rapporteur, in November of 2001, sent an urgent appeal to the US Government concerning the order establishing the military tribunals expressing concern over fair trial procedures, the selection of those who sit on the commission, and appeal procedures, which violate fundamental principles of judicial independence. The US Government has not responded to that appeal. read more

ACTION ALERT Ask Administration to Rescind or Revise Steel Aluminum Tariffs

first_imgTrade is vital for soybean growers, and the threat of Chinese retaliation on soybeans as a result of placing Section 232 tariffs on imported steel and aluminum is top of mind for the American Soybean Association (ASA). We ask that you join us in highlighting the need for President Donald Trump to rescind or revise these tariffs.Signed on March 8, the tariffs will go into effect on March 23. ASA asks states and growers to join us in asking the Administration to rescind or revise these tariffs before they go into effect. If on March 23 the administration has yet to rescind, ASA will keep you updated.Our ask: Join ASA in asking the Administration to rescind or revise the steel and aluminum tariffs before they go into effect on March 23.Take action through the Soy Action Center:Tweet the White HouseSign a letter to the President and Vice PresidentToolkit:Repurpose Soy Action Center linksJoin ASA each Tuesday by tweeting a message utilizing the hashtag #TradeTuesday as it relates to your state. ASA will focus on steel and aluminum tariffs and the threat it poses to soybeans each Tuesday until March 23.Email Jessica Wharton (jwharton@soy.org) in the ASA Washington office for other materials if needed.last_img read more

Wilmingtons Laurie Gillis Creates Thank You Caregiver Nation Campaign For Seniorlink

first_imgWILMINGTON, MA — Seniorlink, tech-enabled health services company, is launching the #thankacaregiver campaign to raise awareness about and increase supports for family caregivers.The campaign is part of Seniorlink’s ongoing “Thank You Caregiver Nation” initiative, both the brainchild of Wilmington resident Laurie Gillis, a Seniorlink employee. The initiative was created to recognize and honor family caregivers for the work they do caring for their loved ones.The #thankacaregiver campaign showcases the variety of emotions and experiences that are part of the caregiving journey. Seniorlink has created and curated a collection of art, videos, essays and even a song inspired by and for caregivers. A piece from this collection will be shared daily throughout the month of November, National Family Caregivers Month.“Family caregivers are the heart of our health care system, and yet many know so very little about the remarkable work they do,” said Thomas Riley, president and CEO. “This campaign was created to highlight their commitment, call attention to their joys and struggles, and to help others understand their value.”The #thankacaregiver campaign kicked off on November 1 with a letter to family caregivers penned by Riley, and featured as a full-page ad in the Washington Post. Other examples of new work to be released during the campaign include a new song “Just Call Me,” written and performed by Ryann Murray, of Wilmington, and Joe Freda.After #thankacaregiver closes, Seniorlink will release an e-book containing all of the campaign’s content as a tribute to family caregivers. Content is being released daily at http://seniorlink.com/thankacaregiver.(NOTE: The above press release is from Seniorlink.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… Related5 Things To Do In Wilmington On Thursday, July 11, 2019In “5 Things To Do Today”5 Things To Do In Wilmington On Wednesday, August 21, 2019In “5 Things To Do Today”NOW HIRING: 10 New Job Openings In WilmingtonIn “Business”last_img read more

TS CM Chandrasekhar Rao condoles Jaitleys demise

first_imgTelangana CM K Chandrasekhar Rao condoled the death of former Finance Minister and senior BJP leader Arun Jaitley. In his message, CM remembered his services to the nation. KCR conveyed his condolences to members of the bereaved family. Minister Eatala Rajender also expressed his grief over Jaitley’s demise. Eatala recalled his interactions with the former union minister when the latter chaired several meetings of GST Council with finance ministers of all states. Also Read – JIH organises Eid Milap for sanitary workers Advertise With Us Hon’ble CM Sri KCR has expressed shock over the demise of former Union Minister Sri Arun Jaitley Ji. CM recollected services rendered by Arun Jaitley to the nation and prayed that his soul may rest in peace. CM conveyed his condolences to the members of the bereaved family.— Telangana CMO (@TelanganaCMO) August 24, 2019last_img read more

Riverdales Worst Plot Gets an Unsatisfying Conclusion

first_img Even the town of Riverdale isn’t totally immune to the march of progress. At Pop’s Chock’lit Shop, Jughead laments the closing of the local drive-in movie theater. He tries to get his friends to suggest movies for its closing night, but Betty is distracted. She now knows Miss Grundy was at the river on the morning of July Fourth. It doesn’t take a genius to figure out that she and Archie were there together.Meanwhile, Archie’s dad has continued flirting with his son’s abuser, and the three of them are having dinner together. At Pop’s, because I guess that’s the only restaurant in town. Betty confronts Archie outside, and Archie basically admits to everything. Before Betty can get too mad, her mother shows up. Angry that Betty is hanging out with Archie and Veronica, she demands to take Betty home.Also at Pop’s, Cheryl Blossom is back to her old mean self. Looks like last week’s change of heart was only temporary. Seeing that Veronica’s mom is working as a waitress, Cheryl implies that she’s a thief and decides to take her insecurities out on a food service worker. Fortunately Pop’s isn’t a corporate establishment, and Hermione Lodge can get a good burn in about money and class without losing her job. As she’s leaving, Cheryl sees Hermione talking to a biker gang member outside by the dumpsters, assumes something sketchy is going on and takes some pictures on her phone. Veronica sees the photos and asks her mom what’s going on. Her mom insists she was just catching up with an old high school friend and nothing more. Veronica isn’t quite convinced but accepts the explanation.Marisol Nichols as Hermione Lodge (Photo: Dean Buscher /The CW)Now that Betty knows about Archie and Grundy, she’s determined to find out everything she can about the music teacher. After a quick search on Searchster (everyone’s favorite search engine), she finds out that Geraldine Grundy was an older woman who died a few years ago. The photo she finds looks a lot more like the Miss Grundy of the Archie Comics. Later, while pretending to interview Grundy for the school paper, Betty learns that she used to tutor Jason Blossom. When she presents Archie with all this information, he asks her to let it go.She doesn’t, of course. While Archie and Grundy have an illicit meeting, Betty and Veronica break into her car. Inside a box, they find an old drivers license with Grundy’s photo and the name Jennifer Gibson. They also find a handgun. When they tell Archie what they found, he’s initially angry but confronts Grundy about hiding her identity. She tells a story about fleeing an abusive relationship, moving away and changing her name. Archie believes her, not realizing that this kind of self-preservation is exactly what predators do.Later, Betty’s mother is putting away laundry and finds the gun, because Betty kept it for some reason. She reads through Betty’s diary for information and learns everything. This leads to probably the least satisfying ending to a storyline Riverdale has had so far. Betty’s mom grabs Betty and Archie’s dad, and they all head to the school where they catch Archie and Grundy together. So far, this show has done an impressive job portraying this abusive relationship for what it is. Grundy is a monster taking advantage of a young boy. Even all through this episode, the writers take the time to make it clear that everyone, except for Archie, realizes this.Lili Reinhart as Betty Cooper and KJ Apa as Archie Andrews (Photo: Dean Buscher /The CW)That’s why it’s baffling that they botch the resolution so hard. The problem stems from Betty’s mom just wanting to ruin Archie. She doesn’t care that Grundy is a statutory rapist, it’s just how she plans to convince Betty not to hang out with Archie anymore. We saw how willing she was to blame the victim during last week’s slut-shaming episode. This is just a logical extension of that. The problem is because Betty’s mom acts so reprehensibly, Grundy is let off the hook. She quits her job and moves out of town, free to abuse some other kid. Betty, to protect Archie, threatens to lie about why she broke into Grundy’s car. So, the secret stays relatively secret. Grundy leaves town, and it’s unclear as to whether the show wants us to feel sorry for the statutory rapist.It sucks that the show focused so much on the most disappointing plot because the b-plot this week was so much more interesting. We learned Riverdale has a biker gang called the South Side Snakes. It turned out that Hermione and Hiram Lodge had been paying them to hiss at and intimidate people at the drive-in to make the property value go down. Then, they’d buy it from the mayor for cheap, develop it and make money. Veronica catches on to the plan and confronts her mother about it. Unsurprisingly, her mother isn’t all that happy about going from wealthy Manhattanite to small town waitress. She wants her old life back. Veronica meanwhile is happy with who she’s become in Riverdale. That’s about all we get from their story, although it ends with a surprise. Jughead had a reason beyond nostalgia for wanting to save the drive-in. He was living there. Now that it’s being torn down, he has to figure something else out.Cole Sprouse as Jughead Jones (Photo: Dean Buscher /The CW)This episode was a step down for a series that’s been consistently pretty great so far. The Grundy-Archie storyline was always the least interesting, but at the very least, the way they were handling it seemed promising. That’s why it was so disappointing that it ended this way. They hinted at something much more interesting with the discovery of the real Miss Grundy, but that went nowhere. It’s possible the show will come back around and address all of these complaints, but after this letdown, I’m not sure I’d want them to. If there is a silver lining, it’s that Riverdale‘s worst story is over with. And now that we know more about Jughead’s situation, I’m much more interested in seeing where the show takes him. That’s really what Riverdale‘s needed since the series began: More Jughead. Stay on target SDCC 2019: ‘Riverdale’ Cast Spills Details on Core ‘Mystery’ for Season 4Top Movies and TV Panels to Keep on Your Radar for SDCC 2019 last_img read more

Konica Minolta Debuts Realism DR Image Processing at RSNA 2017

first_img News | Radiology Business | June 26, 2019 Konica Minolta Healthcare and the Emory Healthcare Innovation Hub Partner to Drive Innovation in Healthcare Konica Minolta Healthcare Americas, Inc. read more Technology | Digital Radiography (DR) | November 09, 2017 Konica Minolta Debuts Realism DR Image Processing at RSNA 2017 Company will also introduce new AeroDR HD flat panel detectors for extremities and larger anatomical areas News | Digital Radiography (DR) | June 28, 2019 Springfield Clinic Deploys 17 Carestream Digital X-ray Systems Springfield Clinic implemented 14 Carestream DRX-Evolu read more Technology | Digital Radiography (DR) | July 25, 2019 Samsung Announces New iQuia Premium Digital Radiography Platform Samsung has announced iQuia, a new digital radiography (DR) platform of premium products and technologies that improves… read more Videos | Radiographic Fluoroscopy (RF) | August 09, 2019 VIDEO: Demonstration of the Shimadzu FluoroSpeed X1 Radiographic Fluoroscopy System Shimadzu displayed the FluoroSpeed X1 conventional radiographic fluoroscopy (RF) system at the Association for Medica read more Technology | Radiographic Fluoroscopy (RF) | August 09, 2019 Shimadzu Medical Systems Receives FDA 510(k) for FluoroSpeed X1 RF System Shimadzu Medical Systems USA, a subsidiary of Shimadzu Corp., announced they have received U.S. Food and Drug… read more Feature | Digital Radiography (DR) | July 19, 2019 | By Greg Freiherr DR Advances Promote Imaging of Whole Spine Recent advances in… read more News | Radiation Dose Management | July 18, 2019 Low Doses of Radiation Promote Cancer-capable Cells Low doses of radiation equivalent to three computed tomography (CT) scans, which are considered safe, give cancer-… read more November 9, 2017 — Konica Minolta Healthcare Americas Inc. announced it will introduce the Realism image processing solution and two new AeroDR (digital radiography) HD Wireless Flat Panel Detectors for specialty applications at the annual meeting of the Radiological Society of North America (RSNA), Nov. 26-Dec. 1 in Chicago.The Realism advanced image processing system delivers a new level of clarity and detail for superior visualization within soft tissue and bony structures, according to Konica Minolta. By independently processing bone and soft tissue data, it enhances X-ray image sharpness and contrast to reveal subtle aspects of the image, even in the most difficult anatomies. Along with improvements in image quality, Realism can enhance workflow efficiency by enabling visualization of soft tissue and bone simultaneously, reducing the number of window-level adjustments needed.Konica Minolta also continues to build on the success of high-definition imaging with AeroDR HD by introducing two additional size panels. The new 10 x 12-inch AeroDR HD detector is ideal for imaging fine structures such as extremities and for the special needs of neonatal intensive care unit (NICU) environments, and the new 17 x 17-inch AeroDR HD is designed for imaging larger anatomical areas, like the chest and abdomen.All AeroDR HD panels offer the option to switch between High Definition (HD) and High Dynamic Range (HDR) imaging. HD provides images with a 100 micron pixel size for a high level of detail and HDR imaging aggregates the data from four pixels for a wider range of grays, providing a smooth image that allows clinicians to detect subtle differences in soft tissue.AeroDR HD systems are available with the AeroRemote Remote Monitoring and Reporting Service, which delivers real-time information to maximize system utilization, minimize service interruptions and evaluate personnel performance. This service helps customers address critical or ongoing issues before they become problems.For more information: www.konicaminolta.com/medicalusa FacebookTwitterLinkedInPrint分享center_img Feature | Information Technology | June 27, 2019 | By Greg Freiherr Smart Algorithm Extracts Data from Radiology Reports Radiology reports may contain information essential to figuring out a patient’s condition. read more Video Player is loading.Sudhen Desai explains how deep learning might assist pediatric imagingPlay VideoPlayMuteCurrent Time 0:00/Duration 8:21Loaded: 1.95%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -8:21 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Videos | Artificial Intelligence | July 03, 2019 VIDEO: Artificial Intelligence May Assist in Pediatric Imaging Sudhen Desai, M.D., FSIR, read more Advances in long-length digital radiography are creating opportunities for visualization during spinal surgery, as well as pre- and post-operatively. Image courtesy of Fujifilm Medical Systems Related Content Shimadzu FluoroSpeed X1 Walkaround AHRA 2019Video Player is loading.Play VideoPlayMuteCurrent Time 0:00/Duration 1:25Loaded: 11.42%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:25 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. News | Digital Radiography (DR) | July 23, 2019 Konica Minolta and Shimadzu to Co-market Dynamic Digital Radiography in the U.S. Konica Minolta Healthcare Americas Inc. along with Shimadzu Medical Systems USA announced a collaborative agreement to… read more last_img read more

CU Trade Group Voices Opposition to Proposed FHLB Requirements

first_img in Daily Dose, Government, Headlines, News Share Credit Unions Federal Home Loan Banks FHFA NAFCU 2015-01-13 Tory Barringer January 13, 2015 470 Views center_img A national trade group representing credit unions has come out against a recent proposal to revise requirements for Federal Home Loan Bank (FHLB) membership.In a comment letter addressed to the Federal Housing Finance Agency’s (FHFA) general counsel, Alicia Nealon, director of regulatory affairs for the National Association of Federal Credit Unions (NAFCU), voiced the association’s opposition to the proposal, which she says would “disenfranchise over 1 million credit union member-owners.””Given the onerous nature of this proposal on credit unions, the lack of a Congressional mandate for ‘ongoing’ FHLB membership requirements and the current requirements that already exist for FHLB members to demonstrate a commitment to housing finance, NAFCU must oppose the proposed rule and urge its withdrawal,” Nealon wrote.NAFCU’s complaint stems from a provision of the proposed rule that would require FHLB members and applicants to keep 1 percent of assets in home mortgage loans. Current members would also be required to hold at least 10 percent of assets in residential mortgage loans on an ongoing basis as opposed to just at the time of application, as the current rule requires.In her comment letter, Nealon says the membership requirements fail to take into account a credit union’s asset size or experience level. She also says NAFCU is concerned that the standards (particularly the 1 percent requirement) don’t take into account the kinds of fluctuations that can happen in portfolios due to changes in economic conditions.As an alternative, the group suggests that the agency allow loans sold in the secondary market to count toward an institution’s 1 percent threshold.Also of concern to NAFCU is FHFA’s proposal to determine if FHLB members meet eligibility standards on a yearly basis and to terminate any members that fail to comply after a two-year grace period. The group instead suggests a five-year probationary period for lenders to get back up to standard. CU Trade Group Voices Opposition to Proposed FHLB Requirementslast_img read more

Scarce Inventory Weighs Heavy on the Mortgage Industry

first_img Share in Daily Dose, Data, Headlines, News Inventory has been a ongoing issue in the housing market despite positive indicators from home sales and prices coming out of the crisis.The March 2016 RE/MAX National Housing Report of 53 metros found that the number of homes for sale in February was 1.3 percent lower than in January and 13.3 percent lower than in February 2015.According to the data, on a year-over-year basis in 2015, the average loss of inventory was 12.2 percent. The months supply of inventory was 4.0 in February, down from 4.6 percent in January and 4.7 supply in February 2015, where a six months supply indicates a balanced market between buyers and sellers.RE/MAX said that Burlington, Vermont had the highest inventory in February at 11.1. Meanwhile, seven metros had a supply less than 2 months: Denver, Colorado (1.1), San Francisco, California (1.2), Seattle, Washington (1.2), Portland, Oregon (1.4), Dallas-Ft. Worth, Texas (1.8), San Diego, California (1.8), and Omaha, Nebraska (1.9).“So far in 2016, January and February have both seen home sales at a pace higher than one year ago, and last year was one of the best our industry has seen in quite some time,” said Dave Liniger, RE/MAX CEO, Chairman of the Board and Co-Founder. Consumers are benefiting from price increases that have been moderating, but many will still be dealing with an inventory lower than we’d like to see. Serious homebuyers who choose to work with an experienced agent will have a much easier time navigating this market,”Bob Walters, Quicken Loans, Chief Economist added, “A lack of inventory continues to affect home values, as eager buyers compete for a small selection of homes. Home prices continue their long march back from the big price drops experienced in the financial crash. As more and more Americans gain equity, this increases the number of homeowners who are financially able to sell their home and buy another one. We’re seeing the benefits of this virtuous cycle in rising home prices, which are also being greatly aided by historically low mortgage rates.”The report showed that in the 53 metro areas surveyed in February, the average number of home sales was 4.8 percent higher year-over-year and was 5.8 percent higher than the previous month. The average home price for all homes sold in February was $198,000, down 1.0 percent from January. The median sales price has now risen for 49 consecutive months on a year-over-year basis. “Although price increases have been moderating over the last few months, low inventory supply continues to be the most significant factor pressuring prices,” RE/MAX said.Click here to view the full report. March 17, 2016 493 Views center_img Inventory Mortgage Industry RE/MAX 2016-03-17 Staff Writer Scarce Inventory Weighs Heavy on the Mortgage Industrylast_img read more

earlybird specialsEvergreen Tours

first_imgearlybird specialsEvergreen Tours Evergreen’s latest Canada brochure – for 2019/20 – includes itineraries ranging from fourteen to twenty five days, with earlybird* deals ending 30 June 2019, or until sold out.“Now it is the time to secure the best prices for our remaining 2019 departures and our early release 2020 departures”, said Mr Angus Crichton, Director of Sales, Marketing and Product for Evergreen Cruises & Tours. “Evergreen continues to offer the best value Canada and Alaska product on the market and our 2020 pricing and deals in this brochure will be the best offered in the coming season – along with our unbeatable value for money and quality service commitment”.*Earlybird deals include:· 2 for 1 airfare including taxes on journeys of 18 days or longer;· Solo travellers get 50% off economy class airfares on journeys of 18 days or longer $950pp discount on journeys of 18 days or longer and $500pp on 14 day itineraries if the flight deal is not taken· Save up to $800 per couple with Evergreen’s Early Payment Discountslast_img read more

Former CBC boss withheld recapitalisation report from new government

first_imgBy George PsyllidesFormer Central Bank governor Panicos Demetriades withheld a report suggesting the island’s banks needed less money to recapitalise because the issue was too technical for top officials to understand, the New York Times reported on Friday.According to the paper, a study carried out by investment managers BlackRock had found that the lenders’ needs were €1 billion less than what bond giant Pimco’s estimate of €8.8 billion.It was this estimate that eventually led international lenders to demand that banks recapitalise by seizing deposits.There were numerous reports in the local media at the time suggesting that the PIMCO findings had been inflated, though the BlackRock study had been kept secret, even from the island’s new political leadership, which was trying to negotiate a bailout deal.Demetriades rejected the claim that the forecasts were inflated.“The assumptions relating to the Pimco adverse scenario have unfortunately been surpassed,” he told the New York Times. However, it is understood that PIMCO’s adverse scenario did not include closure of a bank and deposit seizure, which made the situation worse.As to why he did not tell the new government about the BlackRock study, Demetriades, according to the New York Times, suggested the issue was too technical for top officials to understand and that the report was not in its complete form when crisis negotiations began in March 2013.Former finance minister, Michalis Sarris, who led the bailout talks, said they knew nothing about the report, which should have been on the table if it indicated that banks needed less money.Quoting BlackRocks report, the New York Times said PIMCO analysts gave little chance that troubled loans would recover over time and were very aggressive in marking down the value of real estate collateral.“BlackRock also criticised Pimco’s lack of transparency,” the paper said.Demetriades was forced to bring in BlackRock after pressure from bankers and politicians amid reports that the estimates were excessive.When PIMCO delivered its report on February 1, 2013, Demetriades wrote to Eric Mogelof, the executive who oversaw the project, saying that the estimate “appears to be extracted from a black box (input information and get output without knowing internal process) calculation.”Mogelof responded that the assumptions came directly from Demetriades’ team as well as the country’s creditors.The PIMCO report was also used to justify selling the Cypriot banks’ Greek operations to Greece’s “nearly bankrupt Piraeus Bank” at a rock-bottom price. A few months later, Piraeus reported a 3.5 billion profit and “is now Greece’s largest domestic bank and hedge fund darling.”You May LikeLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoKelley Blue BookYou Won’t Believe How Affordable These Ford Car Models AreKelley Blue BookUndo Pensioner dies after crash on Paphos-Polis roadUndoCruise passenger airlifted to Paphos hospitalUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

Leonard volunteers for Habitat for Humanity of Clinton County

first_img03Sep Leonard volunteers for Habitat for Humanity of Clinton County Categories: Leonard News,Leonard Photos,News Rep. Tom Leonard, R-DeWitt Township (front row, center), joins other volunteers at the latest Habitat for Humanity of Clinton County construction site, located in St. Johns.State Rep. Tom Leonard recently joined other local volunteers in working with Habitat for Humanity of Clinton County on its latest home in St. Johns.“It was an honor to work with Habitat for Humanity and help build a home for a local family in need,” said Leonard, R-DeWitt Township. “The work that Habitat is doing throughout Clinton County is incredible, and it has provided several families in our community with a safe, affordable house and a brighter future at the same time. I encourage anyone looking to swing a hammer for a good cause to volunteer with this worthwhile organization.”Currently under construction in St. Johns, the newest Habitat home is sponsored by Pilgrim United Methodist Church, First United Methodist Church and St. Joseph Catholic Church, employees of the city of St. Johns, Turning Point Youth Center, St. Johns Rotary Club and St. Johns Kiwanis Club. Once completed, the home will be the ninth home built by Habitat for Humanity of Clinton County since 2000.“It is amazing to see our community come together like this to help one of our own,” Leonard said. “None of this would be possible without Habitat for Humanity, its sponsors and its volunteers.”###last_img read more

Rep Iden introduces bill to enhance cybersecurity

first_img State Rep. Brandt Iden of Oshtemo today introduced legislation to allow the Michigan Cyber Civilian Corps, an all-volunteer force, to provide cybersecurity services and to respond to cyberattacks.This bill gives the Michigan Cyber Civilian Corps the legal protection it needs to assist schools, municipalities, nonprofits and private businesses.“Every day, the State of Michigan detects tens of thousands of cyberattacks,” said Rep. Iden. “All businesses and governments can be targets.”“Due to these threats, I have put forth legislation to enhance protections and create a structure for our cyber defenders to help protect our citizens.”Michigan is one of the few states that has an all-volunteer corps and has been approached by other states for cybersecurity guidance.House Bill 4508 remains under consideration by the House of Communications and Technology Committee.### 10May Rep. Iden introduces bill to enhance cyber-security Categories: Iden Newslast_img read more

VanderWall Overriding veto will provide sales tax relief Michigan families deserve

first_img17Jan VanderWall: Overriding veto will provide sales tax relief Michigan families deserve Categories: VanderWall News State Rep. Curt VanderWall today voted to accelerate sales tax relief for Michigan families buying motor vehicles by overriding a gubernatorial veto with his House colleagues.The House vote means additional tax relief for people buying cars, trucks and SUVs with a trade-in. Current law calls for phasing in planned sales and use tax deductions on purchases including a trade-in through 2039. With today’s vote, the reductions will be fully implemented a decade earlier.“Any tax relief is great for Michigan’s markets. That’s one of the reasons why I voted in favor of the veto override,” said VanderWall, of Ludington, after the House joined the Senate in overriding a veto of legislation from Gov. Rick Snyder. “The other reason is families across Benzie, Leelanau, Manistee and Mason counties should not have to wait until 2039 to get tax relief on one of the most important investments they make.”The Senate bills overwhelmingly approved by the Legislature were vetoed by the governor in July.The new law speeds reforms approved in 2013, allowing buyers to subtract the value of their trade-ins from the purchase price of a vehicle for sales tax purposes. The accelerated sales tax relief also will apply to boats and recreational vehicles bought with a trade-in.last_img read more

Will Houston after Hurricane Harvey Embrace an Equitable Recovery

first_imgShare21TweetShareEmail21 SharesBy SC National Guard (170831-Z-AH923-083) [Public domain], via Wikimedia CommonsAugust 22, 2018; Texas MonthlyOn August 25, 2017, Hurricane Harvey made landfall. Harvey, a Category-4 hurricane that dumped over 40 inches of rain in the region, killed 68 people and caused $125 billion in property damage. CNBC adds that, “Thirty-six of the deaths were in the low-lying Houston area, where days of torrential rainfall and decades of unchecked development contributed to the flooding of more than 150,000 homes and 300,000 vehicles.”Mimi Schwartz writes in Texas Monthly that, “When the rain began easing up a few days later, the only part of downtown that seemed functional was the George R. Brown Convention Center.” Schwartz adds that, “Houston today can sometimes seem like a city struggling with a massive case of PTSD (post-traumatic stress disorder). When heavy rains are forecast…people think twice about getting in their cars.”Recovery has been slow. Brandon Formby of the Texas Tribune, citing a Kaiser Family Foundation and Episcopal Health Foundation joint report, notes that, “One year after Hurricane Harvey slammed the Texas coast, eight percent of the people impacted by the disaster have not been able to return to their homes [and] 15 percent of the hundreds of thousands of homes damaged by the storm are still unlivable.” Formby adds that report also shows that, “Among black Texans impacted by the storm, 60 percent say they are not getting the help they need. That compares to 40 percent of [Latinx] respondents and 33 percent of white respondents.”According to Charity Navigator, nonprofits raised “$742.6 million in ‘Harvey restricted’ funds from August 2017 to December 2017.” Chris Matthews of the Houston Business Journal notes that the same report indicated that, “An additional $13.7 million was donated more broadly, for ‘disaster/hurricane’ restricted funding…and $17.7 million was donated to be unrestricted in its use.” While nonprofits have been key players—and a few, notably the local Red Cross, faced criticism when they fell short—the federal government remains the dominant player. According to Adriana Navarro of AccuWeather, federal Harvey relief funds distributed in Texas to date exceed $26 billion—more than 30 times the amount distributed by nonprofits.The recovery has upended cultural norms, as the federal role is begrudgingly acknowledged. Houstonians have tended to prefer to raise private dollars. “That works great for [capital campaigns for] hospitals and museums, but it doesn’t work for this. You have to have government action. The dollars are too big, the infrastructure issues too boring. No naming rights,” a resident informed Schwartz.Some important steps have been taken. “I think Harvey is the moment that could be the turning point for Houston,” Dale Morris, director of strategic partnerships for Water Institute for the Gulf, a Louisiana-based nonprofit, told Schwartz. “Something has changed.”Last week, 85 percent of Houston-area voters cast their ballots in favor of a $2.5-billion bond measure to “fund projects that may include buyouts of homes in flood-prone areas, the expansion of local bayous and the construction of additional stormwater detention basins.” For Harris County (population 4.65 million) taxpayers, the cost works out to a modest average of $5 a year per household.Flood control is one matter; helping those who have been dislocated by the storm get back on their feet is another. Presently, the city is deciding how to allocate $1.15 billion in funds from the US Department of Housing and Urban Development (HUD). Tom McCasland, Houston’s director of housing and community development, “wants residents of poor and working-class neighborhoods…to have a voice in how that money is spent, “says Schwartz. Schwartz adds that McCasland “hopes to put in place land trust programs that will limit who can build in certain neighborhoods and what they can charge for homes there, along with a voucher program that helps poor families live in areas with better schools.”Preserving affordable housing is critical. As NPQ reported this week, federal disaster aid, in part because it supports homeowners, can widen the gap between haves and have-nots. Indeed, in Harris County itself, when disaster aid was last distributed, the wealth gap between whites and Blacks grew by $87,000 per household. If low-income communities and communities of color are not protected, similar results could be expected this time.Another challenge is maintaining attention. Disaster recovery, Schwartz notes, takes time, but public attention is often short. “Once the immediate crisis is past, it’s difficult to keep the public invested.” Katie Olse, executive director of the Texas Alliance of Child and Family Services, described this to Governing as the “aftermath of the aftermath.”As NPQ’s Martin Levine noted last September, “After immediate needs have been met and the sense of crisis is past, the storms’ longer-term effects remain, demanding continued resources and attention.” How Houston will do remains to be seen. “One year later, many of those with the fewest resources are still struggling to bounce back from Harvey’s punch,” cautioned Elena Marks, Episcopal Health Foundation president and CEO.—Steve DubbShare21TweetShareEmail21 Shareslast_img read more

VOD technology company SeaChange has reported thir

first_imgVOD technology company SeaChange has reported third quarter revenues of US$53.4 million (€40 million), a 9% year-on-year increase.The company’s software segment contributed the majority of revenues at US$37.6 million, up US$4.4 million, which it attributed to a significant home gateway licensing transaction with a large domestic service provider, higher VOD software revenues from eventIS and increased advertising product revenues from US-based customers.SeaChange’s servers and storage segment saw revenues increase by US$100,000 to US$7.9 million. Revenues from its media services business were US$200,000 lower than the corresponding period a year earlier to US$7.9 million. The decrease in revenues related to lower revenues from customers in the UK and Greece that were partially offset by higher revenues from customers in France, eastern Europe and Latin America.“SeaChange has made good progress in fiscal 2012 toward controlling costs and starting its next phase of growth through emergent multi-screen video opportunities globally with its legacy VOD customers and several new ones,” said Raghu Rau, CEO, SeaChange.  “However, as the company is committed to a software strategy, it will work to increase its overall margins to ensure its long-term ability to address the volume of opportunity and innovate even further for our video service provider customers.  The third quarter results underscore our need to focus sharply on improving financial performance by reducing overall costs and reallocating resources to deliver our new products to drive increased revenues.  During the coming months I’ll report in detail on our organisational initiatives and progress.”last_img read more