Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Freddie Mac has announced its intention to sell more than $1 billion worth of notes in its latest Structured Agency Credit Risk (STACR) offering, according to an announcement from the GSE.The latest STACR offering, STACR Series 2015-DNA3, is the seventh STACR debt notes offering this year of more than $1 billion by Freddie Mac. It is the 15th STACR offering since the program began slightly more than two years ago. Freddie Mac’s goal is to transfer a portion of its credit risk on single-family loans to private investors. Through the first 15 STACR offerings and 10 Agency Credit Insurance Structure (ACIS) transactions, Freddie Mac has laid off a substantial portion of credit risk on more than $330 billion in unpaid principal balance (UPB) for single-family mortgages, according to the announcement.Freddie Mac was the first agency to use STACR and ACIS to market credit risk transfer transactions; in just two years, the investor base has grown to include more than 170 unique investors, according to Freddie Mac.“For Freddie Mac, credit risk transfer is not a ‘pilot’ anymore. It is integrated into our entire business model,” Freddie Mac CEO Donald Layton said in a statement earlier this week. “Depending upon how you measure it, in Single-Family, we are selling off in the range of 2/3 or 3/4 of the non-catastrophic risk. Single-family risk transfer was zero a few years ago by comparison. Now it’s a fast-moving field. The instruments we use are growing and evolving. We’re also doing this with sound economics. It’s very exciting.”“For Freddie Mac, credit risk transfer is not a ‘pilot’ anymore. It is integrated into our entire business model.”—Donald LaytonSTACR Series 2015-DNA3 is Freddie Mac’s fourth STACR transaction in which losses are allocated based on actual losses realized on the related reference obligations instead of using a fixed severity approach to allocate losses. The latest STACR offering features a reference pool of single-family mortgages acquired by Freddie Mac from December 2014 through March 2015. The loans have an aggregate UPB of more than $34.7 billion. According to Freddie Mac, the Enterprise holds the senior loss risk in the reference pool and a portion of the risk for Class M-1, M-2, M-3, and the first loss Class B tranche. In mid-September, Freddie Mac expanded its STACR debt notes program with a high LTV offering that included loans with LTVs ranging from 80 to 95 percent. The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Cash Sales Share Drops to Nine-Year Low Next: HUD Extends Deadline for HECMs in Default Home / Daily Dose / Freddie Mac Transfers More Credit Risk With $1 Billion STACR Offering Demand Propels Home Prices Upward 2 days ago Related Articles Share Save Tagged with: Credit Risk Transfer Freddie Mac Single-Family Mortgage Loans Credit Risk Transfer Freddie Mac Single-Family Mortgage Loans 2015-10-23 Brian Honea Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago 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 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. About Author: Brian Honea Subscribe in Daily Dose, Featured, News, Secondary Market October 23, 2015 5,282 Views Print This Post Sign up for DS News Daily Freddie Mac Transfers More Credit Risk With $1 Billion STACR Offering
GetEducated.com, LLC, an online education research firm that reviews and ranks accredited online university degree programs, has released its 2010 Rankings of Best Buys in Online MBAs, Regionally Accredited. According to GetEducated’s online university rankings, graduate students should be prepared to pay as little as $6,750 or as much as $68,400 for a regionally accredited graduate degree in business administration (MBA). Average cost for a regionally accredited online MBA: $22,924. GetEducated.com found 51 regionally accredited online MBA programs charging less than the average cost. Its top 10 Best Buys all charged below $14,000.Which schools charged the most for a distance MBA? Which charged the least? What other online MBA trends are notable? Click here for more information about GetEducated.com’s 2010 Online MBA (Regionally Accredited) rankings._______________________________________________________________________________About GetEducated.com, LLCGetEducated.com is owned by distance education experts whose mission is to help consumers get educated about quality online university degrees. The online education experts review, rate and rank accredited distance degrees nationwide for cost, quality and credibility. The firm’s comprehensive online university directory features the only verified online student reviews on the Web.Source: GetEducated.com. Essex Junction, VT, May 5, 2010 —
Projects included that begin within the 60 days are: Mayor David says the city is working to finalize plans and obtain approvals for non-essential projects. Projects included that are already underway include: Family Enrichment Network 19-Unit Home Housing DevelopmentBinghamton Housing Authoirty 48-Unit Affordable Hosuing Development “Canal Plaza/Grocery Store” He says the city will be ready to build or bid on the project once the state government lifts its pause on non-essential projects. The mayor says the projects support critical local infrastructure, affordable housing, homeless housing and essential municipal operations. He says the project creates local jobs and keep wages and spending flowing in the city’s economy. BINGHAMTON (WBNG) — Binghamton Mayor Rich David announced Tuesday several city projects have been deemed essential by the state government amid the coronavirus outbreak. 7 Hawley St. Parking GarageCity Hall roof repair and green roofStreet paving and reconstructionJoint-Sewage Treatment Plant rehabilitationNew downtown fire station
Image:Barnet’s Wesley Fonguck celebrates his goal against Burton in the FA Cup first round November 28: Second roundJanuary 9 2021: Third roundJanuary 23 2021: Fourth roundFebruary 10 2021: Fifth roundMarch 20 2021: Quarter-finalsApril 17 2021: Semi-finalsMay 15 2021: Final National League side King’s Lynn Town secured a place in the second round for the first time in their short history with a 1-0 win over League Two club Port Vale at the weekend, and they have been rewarded with a trip to 2008 winners Portsmouth.Canvey Island – the lowest-ranked team left – host Boreham Wood, while Salford City travel to fellow League Two club and current league leaders Newport County. Eighth-tier Marine will host Havant & Waterlooville after they overcame League Two club Colchester on penalties, and National League club Barnet – who made the fourth round last season – welcome League One side MK Dons to west London.FA Cup second-round drawStevenage vs Hull CityHarrogate Town vs BlackpoolTranmere Rovers vs Brackley TownBarrow or AFC Wimbledon vs Crawley TownStockport County vs Yeovil TownPlymouth Argyle vs Lincoln CityPortsmouth vs King’s Lynn TownCheltenham Town vs Crewe AlexandraPeterborough United vs ChorleyMorecambe vs Solihull MoorsShrewsbury Town vs Oxford City or Northampton TownMansfield Town vs Dagenham & RedbridgeNewport County vs Salford CityMarine vs Havant & WaterloovilleGillingham vs Exeter CityCanvey Island vs Boreham WoodCarlisle United vs Doncaster RoversBarnet vs MK DonsBristol Rovers vs DarlingtonBradford City vs Oldham Athletic- Advertisement – The second round proper will be held across the weekend of November 27-30.FA Cup datesThe full schedule for this season’s FA Cup has been confirmed, with the final due to take place on Saturday May 15, 2021.Replays have been scrapped – for this season only – to ease pressure on the football schedule.- Advertisement – National League North’s Chorley will travel to League One leaders Peterborough in the second round of the FA Cup.Chorley – one of 14 non-League teams left in this season’s competition – beat Wigan on Saturday and will now face Darren Ferguson’s high-flying side for a place in the third round.- Advertisement – – Advertisement –
Batesville residents can now recycle carton containers like juice, milk, soy milk, soup, broth, egg substitute and wine cartons, curbside.Rumpke recently announced that cartons are now accepted in its residential and commercial recycling programs.To ensure your cartons are recycled, please follow these easy steps:Empty the container. Containers still containing liquid will not be recycledRemove caps or strawsToss the carton in the recycling container with other acceptable itemsIn addition to cartons, residents can recycle:Plastic bottles and jugs (please flatten and reattach the lid)Glass bottles and jars (any color)Aluminum and steel cansEmpty aerosol cans (with lids and tips removed)Paperboard (cereal boxes, 12-pack containers, etc.)Cardboard (broken down to 3′-by-3′ sections)A variety of paper products, including: Office paperNewspaperMagazinesJunk mail and envelopes (with or without windows)Telephone booksPaper grocery bagsTo learn more about Rumpke’s recycling process and about items you can recycle, please visit www.Rumpke.com.
Madrid: Soccer’s governing body FIFA said Wednesday a deputy chairman of the adjudicatory chamber of its Ethics Committee has resigned from his post.The resignation of Malaysian Sundra Rajoo came one week after he was suspended from his position over involvement in an investigation into corruption in Malaysia, Efe news reported.”The FIFA Ethics Committee has taken note of the resignation with immediate effect of Mr. Sundra Rajoo as a deputy chairman of its adjudicatory chamber,” the FIFA confirmed in a statement on its official web site.Besides his work with FIFA, Rajoo is also the Director of the Asian International Arbitration Center in Kuala Lumpur.The statement recalled that the chairman of the adjudicatory chamber, Vassilios Skouris, had decided on November 21 that Rajoo “would not be involved in any further activities of the adjudicatory chamber following an investigation launched by the Malaysian Anti-Corruption Commission”. IANS Also Read: Sports News