Tag Archives: 爱上海SD

Probe needed into allegations of massive land grab by MMA-ADA

first_imgDear Editor,At a time when farmers of Region Five are being told that their applications for state land to cultivate rice cannot be processed because no land is available, it is alleged that a Director on the Board of the Mahaica Mahaicony Abary-Agricultural Development Authority (MMA-ADA) and others, are involved in a massive land grab in an area near Abary, once occupied by the now-defunct Livestock Development Company – LIDCO.Dr Dwight Waldron is the Deputy Chief Executive Officer of the Guyana Livestock Development Authority (GLDA). He is also a Director of the MMA-ADA Board and member of its Lands Sub-Committee. This Committee makes recommendations to the MMA-ADA Board for the approval and distribution of Government land to farmers.Reliable sources allege that an application for over 300 acres of land was applied for in the name of a female friend of Dr Waldron named Sharon. The Lands Sub-Committee of which Dr Waldron is a member, recommended this application which was approved by the MMA-ADA Board.This in itself is a serious conflict of interest. Now, Dr Waldron is believed to be occupying hundreds of acres of state land illegally in the same LIDCO area without the approval of the MMA-ADA Board. A Hi-Mac excavator has been seen working to clear the land, and the Ministry of Agriculture Livestock vehicle he is assigned to is used to transport seed paddy and other planting materials unto the site.In addition, it is also alleged that large sums of bribe money have been paid by individuals to some members of the MMA-ADA Board and senior staff to help them acquire state land.These are serious allegations that require Dr Waldron to come clean to protect his character. I have no problem mentioning names because I have tremendous confidence in the accuracy of the information I receive from my sources.And as my lawyer always reiterates, the best defence to a lawsuit is the truth!I now call upon the Minister of Agriculture, Noel Holder, to investigate this allegation of massive land grab, and the high level of corruption involving some members of the MMA-ADA Board.Sincerely,Harry GillPPP/C Member ofParliamentlast_img read more

Good News for Homebuyers on the Horizon

first_img February 20, 2019 1,248 Views Good News for Homebuyers on the Horizon Share Affordability CoreLogic CoreLogic Home Price Index Forecast Homebuyers median home prices 2019-02-20 Donna Josephcenter_img In 2018 mortgage payments spiked to a seven-year high, but recent data from Corelogic forecasts that increase may be slowing its pace. This is good news for homebuyers who could see a break in gains and better affordability after the typical mortgage payment rose to triple that of prices last year. As a result, home sales dropped, exacerbating the impact of inflation and weakening average homebuyer power. The recent CoreLogic Home Price Index Forecast (HPI) suggests a 4.4 percent annual gain in home prices by this November. However, the consensus rate forecast indicates a 4.8 percent rate on 30-year fixed rate mortgages this November, which would still be higher than the average rates seen last December (4.6 percent) and this January (4.5 percent). The U.S. median sale price in November 2018 was $220,083—a  4.8 percent increase year over year. The typical mortgage payment was up 17.9 percent. The report stated that one way to measure the impact of inflation, mortgage rates, and home prices on affordability over time is to look at the “typical mortgage payment” or the mortgage-rate-adjusted monthly payment based on each month’s U.S. median home sale price. The typical mortgage payment is a good indicator of affordability because it shows the monthly amount that a borrower would have to qualify for to get a mortgage to purchase the median-priced U.S. home. The HPI Forecast also suggests the median sale price will rise 2.2 percent in inflation-adjusted or “real”  terms over the year ending November 2019. Based on that projection, the real typical monthly mortgage payment would rise from $934 in November 2018 to $943 by November 2019—a 0.9 percent year-over-year gain. In other words, the typical mortgage payment year-over-year increase in November 2019 would be 3.1 percent. CoreLogic expects homebuyers to gain purchasing power this year if the predictions for prices, rates, and income remain steady. Read the full report here. in Daily Dose, Featured, News, Servicinglast_img read more