Spring Gains Mean Good News For Housing Moving Forward

first_img The gains the housing market has experienced in the spring so far mean good news for housing going forward in 2015, according to National Association of Home Builders Chief Economist David Crowe on the NAHB’s Eye on Housing blog Wednesday.For starters, new home sales spiked by nearly 20 percent year-over-year in March up to about 481,000, according to a report from HUD and the U.S. Census Bureau. It was the highest level the market has experienced since 2008 Existing home sales also jumped upward in March, by 6.1 percent, the largest monthly increase since December 2010, according to the National Association of Realtors. Also according to NAR, the pace of existing sales in March rose by 10.4 percent from March 2014 and has increased year-over-year for six consecutive months.The NAR Pending Home Sales Index increased by 11.1 percent year-over-year in March and has been gaining momentum, meaning that existing home sales will likely increase in the coming months. In March, the index hit its highest level in nearly two years (since June 2013).Market share for FHA-insured mortgages on new homes spiked from 10 percent in Q4 up to 16 percent in Q1. Previously, the share of FHA-backed loans had seen a general trend of decline for four years.”This reverses a general trend over the last four years of declining shares for FHA-insured mortgages,” Crowe said. “However, as more first-time buyers enter the market, this share may experience some growth, along with a decline in the cash share of new homes, which is currently 4 percent.”Despite the gains for the housing market this spring, the Census Bureau reported that homeownership nationwide had fallen to 63.7 percent in Q1, its lowest level since the 1990s, with ongoing declines happening primarily among households under age 45. By comparison, households 55 and over remained strong, as demonstrated by the NAHB 55+ Housing Market Index.Crowe said a bright spot for housing was the gains in household formations toward the end of 2014, which came at an annualized pace of 1.5 million – a significantly high number in the post-recession housing market, according to quarterly Census Bureau data.”While much of this increase is and will continue to be concentrated in rental housing, higher rents will encourage existing renters to transition to homeownership in the coming years,” Crowe said. “Future quarters will prove to what degree this recent increase is a significant break with prior levels.” Tagged with: Housing Market NAHB National Association of Home Builders Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Brian Honea May 6, 2015 1,205 Views Previous: Single-Family Rental Transactions See Low Delinquencies, Improved Vacancies Next: DS News Webcast: Thursday 5/7/2015 in Daily Dose, Featured, Market Studies, News Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Spring Gains Mean Good News For Housing Moving Forward Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Data Provider Black Knight to Acquire Top of Mind 2 days ago Spring Gains Mean Good News For Housing Moving Forward Housing Market NAHB National Association of Home Builders 2015-05-06 Brian Honea Demand Propels Home Prices Upward 2 days ago  Print This Post Subscribelast_img read more

Reform is on the Horizon: Watt & Mnuchin Assess

first_img FHFA Director Melvin Watt and Treasury Secretary Steven Mnuchin separately addressed the state of the GSEs Thursday. Mnuchin has previously suggested that the status quo for Fannie Mae and Freddie Mac would be changed in the near future. He touched on this again Thursday when discussing housing finance reform to the Senate Committee on Banking, Housing, and Urban Affairs.“This has been an unresolved issue for far too long and one we are committed to fixing,” Mnuchin said. “We will ensure that there is both ample credit for housing and that we do not put taxpayers at risk. This Committee has done extensive work on this along with your work on community financial institution regulatory relief. My hope is that we can partner on both of these issues. I look forward to working with the Congress to develop a solution.”During the conference, Mnuchin also addressed the domestic economic agenda. According to Mnuchin, it has been more than 30 years since the U.S. has had a comprehensive tax reform. He said that in conjunction with imprudent regulations, American prosperity has slowed.“I believe that a goal of 3 percent GDP or higher economic growth is achievable is we make historic reforms to both taxes and regulation,” Mnuchin said during the hearing.In his speech Thursday at The American Mortgage Conference, North Carolina Bankers Association, Watt highlighted the decisions made in the last nine years of conservatorship including the reforms to operations, practices and protocols in the Enterprises. Watt explained these reforms and warned that they are extremely important and should not be disregarded by Congress when working on housing finance reform.“FHFA has taken steps to reform board governance and day-to-day operations of the Enterprises,” Watt said. “Enterprise leadership today—both their boards of directors and senior management—is significantly different from pre-conservatorship. With new committed leadership and with FHFA setting the course both through conservatorship decisions and through on-site regulatory oversight, Fannie Mae and Freddie Mac have significantly improved their risk management and operations.”Watt explained the changes in risk of the Enterprises’ business model, changes in guarantee fees, securitization, loss mitigation, and elimination of volume-based discounts for larger lenders. Despite the current state of the GSEs, according to MarketWatch, Mnuchin said the Treasury still expects payment of the dividend from Fannie and Freddie Mac per their agreement. Tagged with: Conservatorship Fannie Mae Freddie Mac reform in Daily Dose, Featured, News, Secondary Market Sign up for DS News Daily About Author: Staff Writer The Best Markets For Residential Property Investors 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Related Articles The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Reform is on the Horizon: Watt & Mnuchin Assesscenter_img Conservatorship Fannie Mae Freddie Mac reform 2017-05-18 Staff Writer Demand Propels Home Prices Upward 2 days ago  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago May 18, 2017 1,547 Views Reform is on the Horizon: Watt & Mnuchin Assess Previous: Freddie Mac Prices First RPL Sale This Year Next: Fitch Ratings Warns Servicers Against Ignoring Security Testing Subscribelast_img read more

A Look Inside Caliber Home Loans’ Portfolio

first_img Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech’s College of Media and Communications. Her thesis will be published by the International Communication Association this fall. To contact Casperson, e-mail: [email protected] in Daily Dose, Featured, Headlines  Print This Post Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Fitch Ratings HOUSING mortgage Previous: Fed Retains Rate … For Now Next: President Trump Nominates Jerome Powell as Fed Chair Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles A Look Inside Caliber Home Loans’ Portfoliocenter_img Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / A Look Inside Caliber Home Loans’ Portfolio The Best Markets For Residential Property Investors 2 days ago Fitch Ratings HOUSING mortgage 2017-11-01 Nicole Casperson Governmental Measures Target Expanded Access to Affordable Housing 2 days ago November 1, 2017 3,014 Views According to a recent announcement, Fitch Ratings has affirmed Texas-based Caliber Home Loans’ U.S. RMBS servicer ratings and outlook.Overall, the report reveals that Caliber’s portfolio has experienced relatively high growth over the past three years, “primarily from acquisitions and origination of performing GSE and government loans.” Additionally, Caliber’s performance metrics have remained strong and the platform operated within an acceptable range for Fitch’s rating. As of September 30, 2017, Caliber Home Loans has serviced 591,222 loans with an unpaid principal balance of $129 billion. By loan count, the portfolio is 54 percent agency conforming loans, 28 percent Department of Housing and Urban Development (HUD) loans, 14 percent subprime loans, and 5 percent other loan options, according to the report. Taking into consideration Caliber’s overall mortgage platform—and the alleged “ongoing regulatory scrutiny of the servicer,” the report notes, Fitch rates residential mortgage primary, master, and special servicers on a scale of one to five, with one being the highest rating. Within some of these rating levels, Fitch further differentiates ratings by plus (+) and minus (-) as well as the flat rating.Fitch Ratings servicer ratings and outlook reports:Residential primary servicer rating for Prime product at ‘RPS2-‘; Outlook Negative;Residential primary servicer rating for Subprime product at ‘RPS2-‘; Outlook Negative;Residential special servicer rating at ‘RSS2-‘; Outlook Negative.Additionally, according to Fitch, Caliber is currently undergoing independent reviews with various regulatory bodies, according to the report, and “management indicated to Fitch that they are fully cooperating with each investigation.” As the financial condition is a component of Fitch’s servicer rating analysis—the ratings also account the financial condition of Caliber and its parent, neither rated by Fitch. About Author: Nicole Caspersonlast_img read more

The Strategic Intent Behind the BB&T – SunTrust Merger

first_img Banks BB&T Entity merger SunTrust 2019-02-07 Radhika Ojha The Strategic Intent Behind the BB&T – SunTrust Merger Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Banks BB&T Entity merger SunTrust February 7, 2019 2,648 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago BB&T and SunTrust have announced that they will combine in an all-stock merger valued at $66 billion to create the sixth-largest U.S. bank based on assets and deposits.According to Reuters, this is the biggest bank deal since the 2007-2009 financial crisis with the combined company expected to operate under a new name and have around $442 billion in assets. It is expected to have $301 billion in loans and $324 billion in deposits.The new bank’s footprint would cover the East Coast with new corporate headquarters in Charlotte, North Carolina.In terms of its revenue from the mortgage business, the banks projected the combined fee income of the merged entity at $88 billion with 7 percent coming in through residential mortgage banking. Of the combined loans of $301 billion, 27 percent would be from residential mortgages, the banks said in their presentation to investors.The new entity would be combining the current reach of BB&T and SunTrust bank to reach 10 million households and would have a Top 3 market share across eight states.In a statement, the companies said that the combined company’s board of directors and executive management team would be evenly split between the two institutions. In the current home markets for both companies, the combined company would maintain the Community Banking Center in Winston-Salem, North Carolina and the Wholesale Banking Center in Atlanta, Georgia reflecting the combined company’s commitment to increase the respective banks’ current levels of community investment.”This is a true merger of equals, combining the best of both companies to create the premier financial institution of the future,” said Kelly S. King, Chairman and CEO at BB&T. “It’s an extraordinarily attractive financial proposition that provides the scale needed to compete and win in the rapidly evolving world of financial services. Together with Bill’s leadership and our new SunTrust teammates, we’re going to bring the best of both companies forward to serve our clients and communities.”Looking at the strategic and financial benefits of the merger, the banks said that the combined company would preserve and maintain the strong cultures of BB&T and SunTrust to “deliver superior client service and preserve the community banking model to maintain close ties to shared local communities.” In terms of financial profile and operating metrics, the merger is expected to generate an internal rate of return of around 18 percent.The companies said that the merged entity would also take advantage of its enhanced scale to focus on selecting best of breed systems and processes and making significant investments in technology to “create a sustainable competitive advantage in an increasingly digital-first world.””By bringing together these two mission- and purpose-driven institutions, we will accelerate our capacity to invest in transformational technologies for our clients. Our shared culture embraces the disruption of technology and we will take this innovative mindset to expand our leadership in the next chapter of these historic brands,” said William H. Rogers Jr. Chairman and CEO of SunTrust. With our geographic position, enhanced scale and leading financial profile, these two companies will achieve substantially more for clients, teammates, associates, communities, and shareholders than we could alone. I have tremendous respect for Kelly, his leadership team and the BB&T associates. We will leverage our respective strengths as we focus together on the future.”The new company’s leadership team would have King serving as the company’s Chairman and CEO until September 2021 with Rogers serving as the President and COO of the combined entity. Rogers will take over as the CEO of the combined entity post-September 2021.The transaction for this merger is expected to be completed by the fourth quarter of 2019. in Daily Dose, Featured, Investment, News Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Share Save About Author: Radhika Ojha Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Real Estate Tech Titans Create a New Platform Next: PHH Resolves Military Foreclosure Charges  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / The Strategic Intent Behind the BB&T – SunTrust Merger Subscribelast_img read more

Common Securitization Solutions CEO David Applegate Stepping Down

first_img Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Common Securitization Solutions CEO David Applegate Stepping Down David ApplegateFannie Mae and Freddie Mac announced Thursday that David Applegate will step down as CEO of Common Securitization Solutions, LLC (CSS). A search for his replacement has been launched by the CSS Board of Managers. Applegate will stay on board during the transition. “In my conversations with the board, I expressed that this was the optimal time for a transition, following the June launch of the Uniform Mortgage-Backed Security (UMBS) on the CSS-built Common Securitization Platform,” Applegate said. “Since I joined CSS in November of 2014, it has been my honor to work alongside the amazingly talented teams at CSS, Fannie Mae, Freddie Mac, FHFA, and our external partners to realize the vision for a Single Security.”The CSS began in 2013 as a joint venture between the GSEs to build and operate a single securitization infrastructure. Applegate called the launch of the Common Securitization Platform a “once-in-a-generation achievement.” “[David] Applegate brought all those skills to this work, and we are extraordinarily grateful for his contributions,” added Jerry Weiss, EVP and Chief Administrative Officer of Freddie Mac and Chairman of the CSS Board of Managers. “With today’s announcement, we begin the search for a candidate who can continue our progress, starting a seamless transition that will pave the way for additional success at CSS.”Fannie Mae President David Benson said Applegate’s leadership was critical to the successful implementation of the UMBS. Benson added that the Single Security “marks a fundamental and important shift in housing finance.” “Ensuring a seamless launch required a leader with deep industry experience, a clear vision, and the ability to unite multiple stakeholders around a complex set of requirements. We deeply appreciate Dave’s strong leadership and guidance during his time with CSS and we wish him every success in his next opportunity,” Benson said. The Urban Institute released a study on the long-term impact of the UMBS. According to the study, the single uniform saves taxpayers money, and that MBS investors “strongly preferred” Fannie Mae’s security.Also, the UMBS reduces inefficiencies, with the securities of either GSE now able to be delivered into a single security.  Sign up for DS News Daily Share Save Tagged with: Fannie Mae. Freddie Mac Servicers Navigate the Post-Pandemic World 2 days ago About Author: Mike Albanese Demand Propels Home Prices Upward 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days agocenter_img Home / Daily Dose / Common Securitization Solutions CEO David Applegate Stepping Down The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Government, News Previous: The Future of Financial Service Firms Next: The Rise of Built-for-Rent Homes Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago August 8, 2019 2,041 Views Fannie Mae. Freddie Mac 2019-08-08 Mike Albaneselast_img read more

Biden Says His Economics Team ‘Will Deliver Immediate Relief’

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Ryan Vogt Joins ServiceLink Next: Credit Scores and Down Payments Reach All-Time Highs Subscribe Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago President-elect Joe Biden on Monday officially nominated former Federal Reserve Chair Janet Yellen as his Treasury Secretary. This is a confirmation of news reported here last week.Biden-Harris’ economics-team announcements, like other transition notifications (which the New York Times is tracking live), feature people who’ve worked in previous administrations.The Yellen announcement was one of several economy-related items, reported CNBC.In a Tweet following the announcement, Yellen wrote: “We face great challenges as a country right now. To recover, we must restore the American dream—a society where each person can rise to their potential and dream even bigger for their children. As Treasury Secretary, I will work every day towards rebuilding that dream for all.”In a prepared statement to the press, Biden said:”As we get to work to control the virus, this is the team that will deliver immediate economic relief for the American people during this economic crisis and help us build our economy back better than ever,” he said. “They will work tirelessly to ensure every American enjoys a fair return for their work and an equal chance to get ahead, and that our businesses can thrive and outcompete the rest of the world,” he added.Tweeted VP-elect Kamala Harris, “This is a team of some of our most brilliant economic minds, and proven leaders who reflect the very best of our country. They share a fundamental commitment to ending this economic crisis and putting people back to work while rebuilding our economy to lift up all Americans.”This is a team of some of our most brilliant economic minds, and proven leaders who reflect the very best of our country.They share a fundamental commitment to ending this economic crisis and putting people back to work, while rebuilding our economy to lift up all Americans. pic.twitter.com/8F5Nj667ti— Kamala Harris (@KamalaHarris) November 30, 2020Chairwoman of the House Committee on Financial Services Congresswoman Maxine Waters applauded what she called Biden’s “historic” announcement regarding Yellen’s nomination to the U.S. Treasury.Waters pointed out that as Chair of the Board of Governors of the Federal Reserve System, Yellen “provided strong, steady leadership and a keen awareness of the challenges that income and wealth inequality pose for the nation … [she] helped preside over the longest economic expansion in American history, highlighted the problem of racial economic disparities in her testimony before the Committee, and finalized many important rules that made our financial system safer and better prepared for the unexpected onset of the pandemic earlier this year.”Yellen would be the first female to head the Treasury. CNBC added that macroeconomic and national security advisor Wally Adeyemo, (who also previously served as Chief of Staff of Consumer Financial Protection Bureau) if confirmed, would be the first Black Deputy Secretary of the Treasury.Michael Feroli, Chief U.S. Economist at JPMorgan told CNBC that he believes all of the economic-team members named thus far are “experienced and qualified” and that “in most cases they will need little learning curve and can do their jobs from day one.” Servicers Navigate the Post-Pandemic World 2 days ago 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. About Author: Christina Hughes Babb Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Biden Says His Economics Team ‘Will Deliver Immediate Relief’ Demand Propels Home Prices Upward 2 days ago Share Save in Daily Dose, Featured, News November 30, 2020 12,774 Views Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post The Best Markets For Residential Property Investors 2 days ago Biden Says His Economics Team ‘Will Deliver Immediate Relief’ 2020-11-30 Christina Hughes Babb Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days agolast_img read more

Mauritius DPP “wants justice” as defense lawyers claim new evidence

first_img Previous articleSecurity alert ends in StrabaneNext articleOne man freed, two still in custody following anti RAAD operation News Highland 448 new cases of Covid 19 reported today News Three factors driving Donegal housing market – Robinson Google+ NPHET ‘positive’ on easing restrictions – Donnelly Pinterest Pinterest WhatsApp RELATED ARTICLESMORE FROM AUTHOR Help sought in search for missing 27 year old in Letterkenny By News Highland – July 14, 2012 center_img WhatsApp Mauritius DPP “wants justice” as defense lawyers claim new evidence Twitter Facebook Facebook Google+ Calls for maternity restrictions to be lifted at LUH Lawyers for two men, acquitted of the murder of Michaela McAreavey, are today expected to say they have information which could lead to the arrest of her killer.It comes as Michaela’s husband John, his father, sister and brother-in-law, Mark Harte, arrive back in Ireland today, following the two-month-long trial in Mauritius.On Thursday, the jury delivered a verdict of ‘Not Guilty’ in the trial of two men – Avinash Treebhoowoon and Sandip Moneea – who were accused of murdering the 27 year old Tyrone woman, while she was on honeymoon last January at the Legends Hotel in Mauritius.Last night, the Mauritius Director of Public Prosecutions said he wanted justice for the Harte family and therefore there would be an “independent fact finding commission” to determine what happened. Today, the defence lawyers are expected to say they have information that may help.Meanwhile, the Harte and Mc Areavey families are today appealing for privacy, saying they do not want to discuss the outcome of the trial. Twitter Guidelines for reopening of hospitality sector publishedlast_img read more

O’Neill to address FG conference on tourism potential

first_img Pinterest Pinterest News Almost 10,000 appointments cancelled in Saolta Hospital Group this week Google+ Three factors driving Donegal housing market – Robinson Guidelines for reopening of hospitality sector published Twitter RELATED ARTICLESMORE FROM AUTHOR Facebook LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Google+center_img Previous articleAlleged rape victim gives evidence in courtNext articleBody of man recovered from Downings Bay News Highland By News Highland – March 20, 2010 WhatsApp WhatsApp Facebook Calls for maternity restrictions to be lifted at LUH O’Neill to address FG conference on tourism potential Twitter The Deputy leader of Fine Gael says Anglo Irish Bank should be ‘handed over’ to its creditors in October when the guarantee scheme expires and let them recover what they can. Richard Bruton’s told his party’s national conference the Government’s plan is to pump 20 billion – or 12,500 euro for every family – into a failed institution. He also says they’ll oppose the 2011 budget which will cut investment and hike taxes, whereas Fine Gael would slash more from the cost of running Government. Job creation is the focus of the current session of the convention. Among those speaking on the theme today is Donegal Councillor Barry O’Neill, who is highlighting the potential that tourism has to promiter job creation in Donegal. Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margeylast_img read more

Planning permissions down in Donegal but house commencements are up

first_img Pinterest Homepage BannerNews Google+ Twitter Twitter WhatsApp Facebook Calls for maternity restrictions to be lifted at LUH There was a 50% increase in the number of housing commencements in Donegal last year, compared to a national increase of 30%. However, the county recorded the state’s largest fall in planning applications last year, while the national trend was up.The number of applications in Donegal was down 15% in 2014, compared to a national rise of 12%.The figures are contained in the National Construction Index, which is compiled by Link2Plans.Its Managing Director is Danny O’Shea………Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/03/dannyplans2014.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. GAA decision not sitting well with Donegal – Mick McGrath By News Highland – March 2, 2015 Guidelines for reopening of hospitality sector published center_img Pinterest WhatsApp Previous articleNW Radiotherapy Unit on track for 2016 opening – CCC-NWNext articleLGH manager admits second breast surgeon is not a realistic option News Highland RELATED ARTICLESMORE FROM AUTHOR Nine Til Noon Show – Listen back to Wednesday’s Programme Three factors driving Donegal housing market – Robinson Facebook LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Planning permissions down in Donegal but house commencements are up Google+last_img read more

Micheala McAreavey murder trial could last another several weeks

first_imgNews Twitter WhatsApp Previous articleBlack sierra stolen from Station House Hotel carpark in early hours of this morningNext articleLocal man in serious condition after crash on Drumkeen to Stranorlar road News Highland Google+ Almost 10,000 appointments cancelled in Saolta Hospital Group this week Need for issues with Mica redress scheme to be addressed raised in Seanad also Guidelines for reopening of hospitality sector published WhatsApp It’s thought the murder trial of Micheala McAreavey in Mauritius could last another several weeks.Last Friday the jury was shown CCTV footage of a couple arguing at the Legends Hotel – which the defence maintains was John and Michaela McAreavey – suggesting John McAreavey had given a contradictory account of his movements to the court.However, a German couple have confirmed it was them in the footage and that they’re willing to testify if required.The footage was filmed just after 3pm on January 10th last year, around 15 minutes after the prosecution claim the Tyrone woman died at the hands of two hotel employees.This latest development in the trial is likely to dominate proceedings in Mauritius this week.And, reporter with the Irish Independent Cormac McQuinn says it’s too difficult to tell when the trial will come to a close:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/06/17corm1.mp3[/podcast] Facebook Calls for maternity restrictions to be lifted at LUH center_img LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Micheala McAreavey murder trial could last another several weeks Facebook By News Highland – June 17, 2012 Google+ Twitter Pinterest RELATED ARTICLESMORE FROM AUTHOR Pinterestlast_img read more