Turnall Holdings Limited (TURN.zw) 2015 Annual Report

first_imgTurnall Holdings Limited (TURN.zw) listed on the Zimbabwe Stock Exchange under the Building & Associated sector has released it’s 2015 annual report.For more information about Turnall Holdings Limited (TURN.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Turnall Holdings Limited (TURN.zw) company page on AfricanFinancials.Document: Turnall Holdings Limited (TURN.zw)  2015 annual report.Company ProfileTurnall Holdings Limited produces and markets materials for the building and construction industry in Zimbabwe. The company operates in a number of segments; building products which includes ceiling boards and roofing sheets, partitioning and fascia boards, flat sheets and ceiling molds; piping products which includes water and sewer reticulation pipes; and concrete products which includes roof tiles. The company also produces a line extension range that includes Turnallware flowerpots and garden décor product, Nutech non-asbestos sheets and Spanish pavers. The fiber cement division targets the low-income housing sector, local authorities and municipalities through two divisions; Turnall Building Products and Turnall Piping Products. Turnall Holdings Limited has distribution outlets in Zimbabwe, South Africa, Mozambique, Zambia and Malawi. Turnall Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Telekom Networks Malawi Plc (TNM) 2016 Abridged Report

first_imgTelekom Networks Malawi Limited (TNM.mw) listed on the Malawi Stock Exchange under the Technology sector has released it’s 2016 abridged results.For more information about Telekom Networks Malawi Limited (TNM.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the Telekom Networks Malawi Limited (TNM.mw) company page on AfricanFinancials.Document: Telekom Networks Malawi Limited (TNM.mw)  2016 abridged results.Company ProfileTelekom Networks Malawi Limited is the major provider of telecommunication services in Malawi; offering a range of products that include post- and pre-paid airtime, interconnections, international incoming and roaming, handsets, equipment and accessories. Additional products and services include smart data packages, a mobile money wallet called Mpamba, Yanga Internet bundles; as well as voice services which include caller tune, call conference and mobile directory services. Value-added services include Me2U which allows customers to share airtime, Pasavute airtime services, and multimedia messaging services. Innovations include the introduction of 3.5g broadband services and high-speed wireless Internet access, voice and data connectivity, and video and music streaming. Telekom Networks Malawi Limited was the first mobile network operator in Malawi and was established as a joint venture between Telekom Malaysia and the then government-owned Malawi Telecommunications Limited (MTL). Telekom Malaysia sold its 60% majority stake in TNM and the telecommunication enterprise is now a wholly-owned Malawi company. Telekom Networks Malawi is listed on the Malawi Stock Exchangelast_img read more

£2k to invest? This tech investment trust I like is up 550% in 10 years

first_img Harvey Jones | Sunday, 19th January, 2020 | More on: ATT FGT I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” See all posts by Harvey Jones The technology sector has been the investment story of the past decade, as US technology giants such as Facebook, Amazon, Apple, Netflix and Google-owner Alphabet have delivered outsize rewards for investors.Allianz TechnologyTech-focused investment trust Allianz Technology (LSE: ATT) has reaped the benefits, it is now up an astonishing 512% in the last 10 years, making it the best performing fund in the investment trust sector, slightly ahead of Scottish Mortgage at 509%, according to figures from the Association of Investment Companies.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…It has achieved this by investing in a spread of mostly US stocks – the fund has 90% exposure to the States. It is crammed with familiar tech names, with Microsoft its biggest holding at 7.60% of the portfolio, while Facebook, Apple and Alphabet also figure in its top 10 holdings, alongside Taiwan Semiconductor and MasterCard.The fund has consistently performed the IT Technology & Media sector and still has momentum, up 38% in the last year. Unsurprisingly, it trades at a narrow discount to net asset value of just -0.8%, slightly more expensive than its long-term average of -3.4%.Allianz Technology is clearly a good fund, the big question is what happens to the sector next. You should never buy an investment purely on past performance, as the chances of a repeat are slim. Nobody can bank on getting another 500% growth in the next 10 years.I still believe the tech charge has further to go, as it embeds itself ever more closely into our lives. The revolution may still be at an early stage, and this fund could be a good way to play it without the risk of buying individual stocks.Finsbury Growth & IncomeThese days everybody loves Nick Train, who co-founded Lindsell Train Limited in 2000, and has become one of the UK’s most renowned fund managers. He runs several hugely successful and popular unit trusts with co-manager Michael Lindsell, and has his own investment trust, too, Finsbury Growth & Income (LSE: FGT).This operates in the UK equity income sector, where it has done brilliantly well, returning a total of 366.43% over the last 10 years, including reinvested dividends.Top holdings include familiar FTSE 100 names such as Diageo, Unilever, Burberry Group, Schroders and Hargreaves Lansdown, but this is no closet tracker filled with the same old stocks, as you often see in the equity income sector. Train is picking his stocks carefully, and well.Last time I looked at his trust, it was trading at a premium to net asset value. Today, you can buy it at a small discount of -2.4%, which is actually below its long-term average premium of 0.5%, making this a potentially better entry point. Nobody likes overpaying if they can help it.In fact, these two funds could complement each other nicely. Allianz Technology will give you a spread of racy tech stocks, mostly from the US, while Finsbury Growth & Income will give you a solid blend of UK income stocks.Both should make good long-term portfolio holds. Enter Your Email Addresscenter_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. £2k to invest? This tech investment trust I like is up 550% in 10 years John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Alphabet (A shares), Amazon, Apple, Facebook, Mastercard, Microsoft, Netflix, and Unilever. The Motley Fool UK has recommended Burberry, Diageo, and Hargreaves Lansdown and recommends the following options: long January 2021 $85 calls on Microsoft and short January 2021 $115 calls on Microsoft. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Image source: Getty Images. last_img read more

Why isn’t the Cineworld share price rising faster?

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Rupert Hargreaves has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The Cineworld (LSE: CINE) share price has been rising recently, but perhaps not as fast as some investors might like.Indeed, even though the company has recently reopened all of its theatres across the UK and US, the stock has fallen more than 20% from its 52-week high of 122p, reached in the middle of March. Over the past 12 months, the stock has returned -1.2% overall. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Shares in the cinema group have languished despite the company reporting a “strong opening weekend” last weekend. In a statement to the market last week, the firm said that more people than expected returns to its theatres as the UK lockdown eased.It also reported “good concession income” as cinemagoers stocked up on treats. Cineworld has reopened 97% of its cinemas in the US and expects to open most of its screens around the world by the end of May. Cineworld share price outlook In theory, now that customers are returning, the market should be more receptive to the Cineworld share price. When the stock reached its 52-week high back in March, it didn’t have any income, and some serious questions were being asked about whether or not it would be able to survive. However, today customers are spending their money with the business, which should provide much-needed cash flow to service debts and meet other obligations. This suggests to me that the stock should be worth more today than it was in March. But, unfortunately, the market tends to concentrate on what could happen in the future rather than what’s happening right now. And it seems to me this is why the Cineworld share price has struggled to move higher in the past few weeks. It looks as if investors are concentrating on the company’s risks. There are quite a few. Cineworld’s debt pile has ballooned to more than eight times earnings before interest, tax, depreciation, and amortisation (EBITDA) over the past 14 months. I tend to think businesses with a debt-to-EBITDA ratio of more than two or three are too risky. What’s more, the business is highly susceptible to further coronavirus restrictions. Packing a large number of people into an enclosed space is exactly the kind of environment where the virus thrives.Coronavirus threat If there’s another wave of the virus, Cineworld is likely to be one of the first companies to feel the pain. With so much debt on its balance sheet, the group can’t really afford another shutdown. Considering these risks, it’s clear to me why the Cineworld share price isn’t rising faster despite the reopening of cinemas. Indeed, even though the company’s prospects have improved marginally over the past two weeks, I am going to be staying away from the stock myself.I think the risk of another shutdown and the impact that may have on the business is just too great. I’d rather buy other companies with cleaner balance sheets and better growth prospects.  Looking for new share ideas?Grab this FREE report now.Inside, you discover one FTSE company with a runaway snowball of profits.From 2015-2019…Revenues increased 38.6%.Its net income went up 19.7 times!Since 2012, revenues from regular users have almost DOUBLEDThe opportunity here really is astounding.In fact, one of its own board members recently snapped up 25,000 shares using their own money… So why sit on the side lines a minute longer?You could have the full details on this company right now. Image source: Getty Images See all posts by Rupert Hargreavescenter_img Enter Your Email Address One FTSE “Snowball Stock” With Runaway Revenues Simply click below to discover how you can take advantage of this. Grab your free report – while it’s online. Rupert Hargreaves | Monday, 31st May, 2021 | More on: CINE Why isn’t the Cineworld share price rising faster?last_img read more

New Zealand church could appoint climate commissioner after synod motion

first_img Rector Collierville, TN Posted May 18, 2018 Rector Smithfield, NC An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector and Chaplain Eugene, OR Cathedral Dean Boise, ID Rector Bath, NC Rector/Priest in Charge (PT) Lisbon, ME Family Ministry Coordinator Baton Rouge, LA Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York New Zealand church could appoint climate commissioner after synod motion Anglican Communion, Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Assistant/Associate Priest Scottsdale, AZ Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Course Director Jerusalem, Israel Submit a Press Release Rector Knoxville, TN [Anglican Communion News Service] The Anglican Church in Aotearoa, New Zealand and Polynesia is set to appoint a climate commissioner as it steps up its fight against climate change. The move comes after two environmental motions were combined into a composite motion at the province’s General Synod earlier this month.Read the full article here. The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Tags Associate Priest for Pastoral Care New York, NY Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Curate Diocese of Nebraska Priest Associate or Director of Adult Ministries Greenville, SC Featured Events Rector Tampa, FL Rector Pittsburgh, PA Director of Administration & Finance Atlanta, GA Assistant/Associate Rector Washington, DC Rector Washington, DC Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Press Release Service Canon for Family Ministry Jackson, MS Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Featured Jobs & Calls Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector Hopkinsville, KY Rector Martinsville, VA Youth Minister Lorton, VA Advocacy Peace & Justice, Submit an Event Listing Assistant/Associate Rector Morristown, NJ The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Curate (Associate & Priest-in-Charge) Traverse City, MI Rector Shreveport, LA New Berrigan Book With Episcopal Roots Cascade Books Associate Rector Columbus, GA Rector Albany, NY Missioner for Disaster Resilience Sacramento, CA Submit a Job Listing Rector (FT or PT) Indian River, MI Associate Rector for Family Ministries Anchorage, AK Rector Belleville, IL Environment & Climate Change Priest-in-Charge Lebanon, OH Bishop Diocesan Springfield, IL Director of Music Morristown, NJ last_img read more

Glen 2961 / SAOTA

first_imgGlen 2961 / SAOTASave this projectSaveGlen 2961 / SAOTA ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/283932/glen-2961-saota Clipboard Houses photographs:  Adam LetchPhotographs:  Adam Letch, Courtesy of SAOTASave this picture!© Adam LetchRecommended ProductsDoorsJansenDoors – Folding and SlidingDoorsC.R. LaurenceCRL-U.S. Aluminum Entice Series Entrance SystemWood Boards / HPL PanelsInvestwoodWood Fiber Kitchens – ValchromatSkylightsFAKROWooden pivot roof windows FYP-V proSkyText description provided by the architects. The clients who lived in an existing house on the property needed to rebuild the house in order to suit the demands of their family. The site on Glen Avenue in Higgovale faces in a Northerly direction, with its boundaries on the South East. Although the wind conditions are tough, the site’s moderate slope allows the design to engage with different levels of the garden adjacent to the areas of the three level lounge. Save this picture!© Adam LetchThe client appointed SAOTA – Stefan Antoni Olmesdahl Truen Architects to complete the design of a new home. The clients bravely followed their architect’s advice to see the bigger picture and re-start on a clean slate. The new home was to respond to the site and garden closely, to allow enough space for the family’s diverse requirements – whilst create separate private spaces within the house, and respond to the fierce winds which seasonally hurtle down Table Mountain yet provide a relaxed, homely character in the spirit of Higgovale. The clients selected to proceed with the Design Development and project construction with Three14 Architects. The principal objectives in the design approach was to screen the heart of the home from the South Easterly and create large semi-enclosed gardens which allow the 2 lower levels of the house to seamlessly connect to garden and terraces at all times. Save this picture!© Adam LetchSAOTA relied on robust uncluttered finishes of off-shutter concrete for soffits and various walls, painted bagged brickwork, specialized polished concrete topping and oak cabinetry and ceilings. To amplify the sense of openness of the rooms and the gardens, the living rooms have large openings of sliding aluminium doors – this openness is further enhanced by glass handrails to successfully blur the boundaries of interior and exterior. The kitchen remains the focus of the first floor area, and the main outdoor braai terrace is a generous layout with outdoor sitting and dining areas. The upper level of the house – to which one approaches on arrival at the property – accommodates 4 en-suite bedrooms with good views and a large study / library area. The garage screens the courtyards from the street.Save this picture!Courtesy of SAOTAProject gallerySee allShow lessMike Taylor: ‘Track Record’ LectureArticlesForest Corridor – Highway Noise Barrier / BREAD StudioArticles Share Save this picture!© Adam Letch+ 20 Share Glen 2961 / SAOTA South Africa CopyHouses•Cape Town, South Africa “COPY” Year:  Architects: SAOTA Year Completion year of this architecture project center_img 2012 ArchDaily 2012 Year:  Photographs Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/283932/glen-2961-saota Clipboard “COPY” CopyAbout this officeSAOTAOfficeFollowProductStone#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesCape TownHousesSouth AfricaPublished on October 23, 2012Cite: “Glen 2961 / SAOTA” 23 Oct 2012. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogSinkshansgroheBathroom Mixers – Metropol ClassicVinyl Walls3MVinyl Finish- DI-NOC™ Glass FinishPartitionsSkyfoldWhere to Increase Flexibility in SchoolsMetal PanelsDri-DesignMetal Panels – Painted AluminumStonesCosentinoDekton® Surfaces – Chicago 444Exterior DeckingLunawoodThermowood DeckingWoodBruagAcoustic Panels with LEDWindowsOTTOSTUMM | MOGSWindow Systems – CPXPanels / Prefabricated AssembliesULMA Architectural SolutionsHexapent Facade PanelDoorsRabel Aluminium SystemsMinimal Folding Door System – Rabel 3710 Super ThermalWall / Ceiling LightsLuminisCeiling Surface Lights – HollowcoreBenches / TablesUrbaStyleConcrete Bench – BoomerangMore products »Save想阅读文章的中文版本吗?Glen 2961 / SAOTA是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Free website competition for charities

first_imgTelset produces bespoke websites from £350, saying that it never use templates purchased from third parties. Clients include Blackpool-based SMS Relief Limited, which has built an extensive opt-in database of mobile phone users that is available to advertisers for the use of paid Short Message Service (SMS) text advertising. In exchange for accepting advertisements on their mobile phones, SMS Relief members receive a payment for each message they read, while an equal amount is donated to their chosen charity. John Ellis, founder of SMS Relief Ltd said: “Telset has totally revamped our website, as well as improving our database. Not only has the company proved more affordable than any other I found during a lengthy internet search, but it also provides a unique level of support – being on hand 24 hours a day”.The closing date for the free website competition is 30 May 2005. Tagged with: Digital Trading About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.  23 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Free website competition for charitiescenter_img Howard Lake | 15 May 2005 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis A UK charity stands to win a website designed at no charge by web design and development agency Telset.Telset founder Mark Howard believes that the mark of an excellent charity website is that it has saved the cost of employing a fundraising staff member.Following the recent expansion of his company, Howard is offering to design a website for a charity at no cost. The prize can be won by telling Mark in no more than 100 words how your organisation would benefit from such a website. Advertisementlast_img read more

Weekly U.S. Ethanol Production Declines

first_img Previous articleClosing CommentsNext articleTrump Trash Talks NAFTA While Negotiations Continue Gary Truitt By Gary Truitt – Aug 23, 2017 SHARE SHARE Weekly U.S. Ethanol Production Declines Facebook Twitter Home Energy Weekly U.S. Ethanol Production Declines Facebook Twitter According to EIA data, ethanol production averaged 1.052 million barrels per day (b/d)—or 44.18 million gallons daily. That is down 7,000 b/d from the week before. The four-week average for ethanol production increased to 1.031 million b/d for an annualized rate of 15.81 billion gallons.Stocks of ethanol were 21.5 million barrels. That is a 1.4% decrease from last week. There were zero imports recorded for the week.Average weekly gasoline demand increased 1.1% to 404.4 million gallons (9.629 million barrels) daily. This is equivalent to 147.6 billion gallons annualized. Refiner/blender input of ethanol remained steady at 948,000 b/d, equivalent to 14.53 billion gallons annualized and 2% higher than one year ago.Expressed as a percentage of daily gasoline demand, daily ethanol production decreased to 10.93%.Source: RFAlast_img read more

Forbearance Requests Due for Another Surge

first_img Servicers Navigate the Post-Pandemic World 2 days ago May 4, 2020 1,560 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Market Studies, News Tagged with: Forbearance Foreclosure mortgage Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Previous: How Lawmakers are Preventing Foreclosures Next: Flattening the Curve: Servicing in a Pandemic  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Forbearance Foreclosure mortgage 2020-05-04 Seth Welborn Home / Daily Dose / Forbearance Requests Due for Another Surge Forbearance Requests Due for Another Surge Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Share Save About Author: Seth Welborn Forbearance requests have begun to slow, according to data from Black Knight, but there is a risk of May-related forbearance activity changing that trajectory.As Black Knight Data & Analytics President Ben Graboske explained, the rate at which American homeowners have been seeking mortgage forbearances began to slow from the middle of April forward, and Black Knight will monitor this trend to see if it continues.“After surging at the beginning of April and then rising again near the April 15—when most mortgages become past due and late fees are charged—the number of new forbearance requests has declined in recent weeks,” said Graboske. “While total forbearance volumes continue to mount, daily inflow has begun to taper off. Between 53,000 and 102,000 new plans have been put into place over each of the last nine days, and even the largest single-day volume was less than a quarter of what we saw at the start of April—and may see again next week. What remains an open question at this point is to what degree forbearance requests will look like at the beginning of May—when the next round of mortgage payments become due, and with nearly 30 million Americans newly unemployed in the last month.”“As it is, in an optimistic scenario in which daily forbearance volumes continue to decline by 10% per day, the number of forbearances could peak at approximately 4.5 million in the coming months,” Grabsoke adds. “Should current forbearance volumes hold steady through mid-June, more than 8 million homeowners could enter into forbearance plans, representing 16% or more of all mortgages. If that adverse scenario holds true, servicers would be required to advance $4 billion in monthly principal and interest (P&I) payments on GSE mortgages alone. Even under the FHFA’s recent four-month limit on P&I advances, servicers would still be bound to make $16 billion in advance payments over that time span.”According to Black Knight CEO Anthony Jabbour, the recent Federal Housing Finance Agency (FHFA) announcement of a four-month limit on advance obligations for servicers of mortgages backed by Fannie Mae and Freddie Mac provides the industry with some much-needed clarity.“Having a four-month end date on the period in which servicers need to advance principal and interest payments on behalf of homeowners in forbearance is extremely helpful to our servicing clients,” said Jabbour. “Still, even knowing that time limit, with today’s number of forbearance plans, servicers are still looking at more than $7 billion dollars in advances over those four months. And the forbearance numbers are climbing steadily, day by day. Clearly, this remains a challenging situation all around.” The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Subscribelast_img read more

‘Hilarious’ duo set for Troy show

first_img Print Article Sponsored Content “They dance and sing. They do comedy sketches of different composers. It’s a very entertaining concert.”The Igudesman and Joo concert will be at 7 p.m. Thursday at the Claudia Crosby Theater. Admission is $20 for adults and $5 for students with an ID. Tickets will be available at the door. Skip By Secrets Revealed You Might Like ‘Twain’ comes to life in one-man show A lawyer once introduced Mark Twain as a humorist who was also funny. As Mark Twain, Dave Ehlert was humorous… read more ‘Hilarious’ duo set for Troy show Plans underway for historic Pike County celebration Latest Stories Published 10:50 pm Tuesday, April 10, 2012 “Igudesman and Joo are incredible musicians and so funny. They really care about making the audience laugh and they play classical music that makes you smile. An Igudesman and Joo concert is much like ‘Monty Python Meets Mozart.’”To date, the duo’s clips on YouTube have gathered more than 28 million hits and they have appeared on television in numerous countries.“Igudesman and Joo are as comfortable performing in stadiums in front of 18,000 people as they are in classical concert halls,” Jinright said. “Their dream is to make classical music accessible to a wider and younger audience.” Pike County Sheriff’s Office offering community child ID kits After the Igudesman and Joo concert at the Claudia Crosby Theater on the campus of Troy University Thursday night, the dynamic duo will perform at world famous Carneigie Hall.John Jinright, presenter chair for the sponsoring Troy Arts Council, said Igudesman and Joo will sell out Carneigie Hall and the Troy Arts Council is extremely proud and excited to bring them to Troy.“Igudesman and Joo have taken the world by storm with their unique and hilarious theatrical shows, which combine comedy with classical music and popular culture,” Jinright said. “They are huge in Europe and they are just coming to the United States. We are fortunate to have them here. Jinright said people of all ages will enjoy Igudesman and Joo.“Even those who think they don’t like classical music will enjoy this duo,” he said. “Young children will laugh at their Three Stooges kind of comedy. It’s physical comedy – slap-stick at times. You don’t need a musical education to appreciate Igudesman and Joo.”Jinright said that Igudesman and Joo want to introduce classical music to a new generation and show them how much fun it is.“Everyone will get a kick out of Igudesman and Joo,” he said. Remember America’s heroes on Memorial Day Email the author Book Nook to reopen By Jaine Treadwell Around the WebDoctor: Do This Immediately if You Have Diabetes (Watch)Health VideosIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthRemember Them? I’m Sure Their New Net Worth Will Leave You SpeechlessbradofoThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Troy falls to No. 13 Clemson This Video Will Soon Be Banned. Watch Before It’s…last_img read more