Watchdog Chides FHFA for Lack of Oversight

March 30, 2016 996 Views Watchdog Chides FHFA for Lack of Oversight Previous: Mortgages Are No Longer the Most Complained-About Product to CFPB Next: DS News Webcast: Thursday 3/31/2016 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 Sign up for DS News Daily Home / Daily Dose / Watchdog Chides FHFA for Lack of Oversight Share Save The FHFA’s conservatorship of Fannie Mae and Freddie Mac, which is in its eighth year, remains a contentious one in the housing industry. The issue recently returned to the surface after FHFA director Mel Watt in February expressed concern over the GSEs’ lack of capital buffer and the risk it poses to taxpayers.This week, the Office of the Inspector General for the FHFA (FHFA OIG) issued a report saying the FHFA had exercised “little oversight” of Fannie Mae’s and Freddie Mac’s compliance with conservatorship directives during an 18-month period from January 1, 2013, to June 30, 2014.According to the report, then-FHFA Inspector General testified in December 2011 and in April 2013 that FHFA “had not proactively overseen Enterprise compliance with its conservatorship directives to ensure that their purposes were achieve.” The purpose of the evaluation was to examine whether the FHFA, as conservator of the Enterprises, had significantly enhanced that oversight. The OIG reported after the evaluation that “little had changed” during the 18-month period as far as the FHFA’s oversight of the Enterprises’ compliance with conservatorship directives.The FHFA had issued 231 conservatorship directives of differing scope and value as of October 2015 that were evaluated in three separate categories for the purpose of the OIG’s evaluation:Directions to one or both of the Enterprises to take a specific action (includes 46 of the directives). An example would be a directive to Fannie Mae to appoint a specific person as chairman of its board.Directions to the Enterprises to collaborate with each other under the FHFA’s direction to develop a specific initiative (includes 59 of the directives). An example is directing the Enterprises to work together to resolve issues related to the Common Securitization Platform.Directions to the Enterprises to implement specific policies or programs that FHFA developed independently or in collaboration with the Enterprises or other regulators (includes 126 of the directives). An example would be the Enterprises’ direction to participate in Treasury’s Making Home Affordable Program, which includes foreclosure prevention programs such as the Home Affordable Refinance Program (HARP) and the Home Affordable Modification Program (HAMP)The OIG found that one Enterprise shared compliance reports with each quarter on the status of the directives, but the reports were “of very limited value” due to “inaccuracies and incomplete information.” The OIG reported that the other Enterprise did not provide any written compliance reports to the FHFA and as of the end of the testing period, was “still building a formal directive compliance program and had yet to complete directive testing.”Based on those findings and others, the OIG concluded that “in large measure, FHFA, as conservator, exercised little oversight of the Enterprises’ compliance with conservatorship directives and relied on the Enterprises to self-report concerns, questions, and operational issues with implementation and compliance.” The watchdog further noted that “We intend to monitor FHFA’s oversight of Enterprise implementation of and compliance with conservatorship directives and will subsequently test whether additional reporting from the Enterprises has enhanced FHFA’s oversight of Enterprise implementation of and compliance with conservatorship directives.”Click here to view the FHFA OIG’s full report. Conservatorships Fannie Mae FHFA Freddie Mac 2016-03-30 Brian Honea 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. Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Conservatorships Fannie Mae FHFA Freddie Mac Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Brian Honea The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Government, News  Print This Post Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago read more

Eight Firms Settle RMBS Fraud Claims with FDIC

first_img June 2, 2016 3,098 Views Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Related Articles 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. Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago FDIC Residential Mortgage-backed securities RMBS Settlements 2016-06-02 Brian Honea Previous: Homeownership: Is the Opportunity There? Next: Plaintiffs Score a Victory in GSE Profit Sweep Suits in Daily Dose, Featured, Government, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: FDIC Residential Mortgage-backed securities RMBS Settlementscenter_img Eight financial firms have settled for a combined total of $190 million with the Federal Deposit Insurance Corporation (FDIC) over claims of misrepresenting the quality of certain residential mortgage-backed securities to five failed FDIC-insured banks, according to an announcement from the FDIC on Thursday.The FDIC, as a receiver for the five failed banks, filed six lawsuits from November 2011 to August 2012 claiming that the eight firms were in violation of federal and state securities laws regarding the sales of 21 Countrywide RMBS purchased by the five failed banks. In the suits, the FDIC claims there were misrepresentations in the offering documents for the 21 securities.The eight firms involved in the settlement are, alphabetically: Barclays Capital Inc.; BNP Paribas Securities Corporation; Credit Suisse Securities (USA) LLC; Deutsche Bank Securities Inc.; Edward D. Jones & Co., L.P.; Goldman, Sachs & Co; Royal Bank of Scotland (RBS) Securities Inc.; and UBS Securities LLC. The five banks in receivership that will receive the settlement funds are: Colonial Bank of Montgomery, Alabama; Franklin Bank, S.S.B. of Houston, Texas; Guaranty Bank of Austin, Texas; Security Savings Bank of Henderson, Nevada; and Strategic Capital Bank of Champaign, Illinois. Four out of the five banks failed in 2009; the only one that did not was Franklin Bank, which failed in November 2008.With these six lawsuits, the FDIC has filed a total of 19 RMBS lawsuits on behalf of eight institutions, seeking damages for violations of federal and state securities laws, according to the FDIC. The last RMBS settlement for the FDIC prior to Thursday occurred in February 2016, when Morgan Stanley agreed to pay $62.95 million to settle four lawsuits which alleged that the investment banking firm sold toxic RMBS to three FDIC-insured banks that later failed, including Colonial Bank of Montgomery, Alabama.In August 2015, the FDIC filed a lawsuit accusing Bank of New York Mellon of breaching its duties as bond trustee for $2.06 billion worth of RMBS purchased by Guaranty Bank of Austin, Texas. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Eight Firms Settle RMBS Fraud Claims with FDIC  Print This Post The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Eight Firms Settle RMBS Fraud Claims with FDIC Share Save Subscribelast_img read more

How Much Will Generation Z Pay in Lifetime Rent?

first_img How Much Will Generation Z Pay in Lifetime Rent? About Author: David Wharton Related Articles The choice between renting and buying a home involves a number of important factors, but younger generations are likely to pay a lot more in lifetime rent than their parents and grandparents. According to a new analysis by HotPads, Inc., members of Generation Z “can expect to spend $226,000 on inflation-adjusted rent in their lifetime.” For comparison’s sake, that total is around $24k more than millennials should expect and $77k more than the baby boomers.There is some good news for Generation Z, however. While total rent expenditures during their lifetimes will be higher for Generation Z than for their forebearers, members of Gen Z are likely to achieve the goal of homeownership somewhat than the generation that preceded them. According to HotPads’ analysis, baby boomers typically rented for around a decade before purchasing a home, and for millennials, the number was around 12 years. That timeline looks to drop back down slightly for Generation Z, hitting 11 years.HotPads reports that, despite Generation Z still demonstrating enthusiasm for the dream of homeownership, they face a number of challenges along that path.”Millennials entered the workforce during the Great Recession—a period of scarce job prospects and strong demand in rental markets across the country—making it harder for them to keep up with rising rents and still put money aside for a down payment,” Joshua Clark, Economist at HotPads, said in a statement.”Millennials have also delayed major life decisions that typically coincide with homeownership, like getting married and having children, adding on to the total number of years they’ve spent renting,” Clark continued. “While there are a lot of unknowns about how the American economy will evolve over the coming decades as Generation Z grows into adulthood, if historical trends hold, the long-term forecast right now suggests that Generation Z is likely to benefit from a stronger job market than millennials. While rising rents and home values mean that it won’t be as easy for Generation Z to become homeowners as it was for Baby Boomers, they should get there sooner than millennials did.”How do the lifetime rent differences between the generations stack up in different American locales? In San Francisco, the gap is wide indeed. In San Francisco, the median monthly rent is a whopping $4,330. Over their average of 11 years spent renting, Generation Z residents in the City by the Bay can expect to pay $570,900. Millennials would have paid only $399,400 during their average of 12 years spent renting in the same city, and San Francisco baby boomers would have come out of their decade’s worth of rental having paid only $230,000.On the more affordable end of the spectrum, Generation Z renters in Cleveland, Ohio, (current median rent $1,350) can expect to pay only $177,800 over the course of their renting lifetime. For millennials, the total was $168,000 and for baby boomers it was $156,600.HotPads, Inc., is a San Francisco-based and Zillow Group-owned apartment and home search platform for renters in urban areas across the United States. For this analysis, HotPads examined data taken from both the U.S. Census Bureau and the Bureau of Labor Statistics, then combined that info with its own rental data in order to gauge rental expectations for the various generational cohorts. For purposes of this study, HotPads defined baby boomers as born between 1945 and 1964, millennials as born between 1980 and 1994, and Generation Z as born between 1995 and 2010. Demand Propels Home Prices Upward 2 days ago Tagged with: Baby Boomers Generation Z generational cohorts Millennials Rent prices Single Family Rental The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / How Much Will Generation Z Pay in Lifetime Rent? Demand Propels Home Prices Upward 2 days agocenter_img 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 Previous: Understanding the New Generation of Homeowners Next: The Most Prosperous City in America Is … Share Save May 21, 2018 16,257 Views  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Baby Boomers Generation Z generational cohorts Millennials Rent prices Single Family Rental 2018-05-21 David Wharton Subscribe in Daily Dose, Featured, Journal, Market Studies, Newslast_img read more

Gen Z: Past Recession Not Impacting Current Credit Activity

first_img credit Gen Z mortgage 2020-02-03 Seth Welborn  Print This Post Previous: The Week Ahead: Insight Into Mortgage Performance Next: Investor Update: Non-Traditional Renters Take Over Market The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Gen Z: Past Recession Not Impacting Current Credit Activity Related Articles Tagged with: credit Gen Z mortgage Share Save Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Market Studies, News Home / Daily Dose / Gen Z: Past Recession Not Impacting Current Credit Activity 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. Servicers Navigate the Post-Pandemic World 2 days ago February 3, 2020 865 Views The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Growing up during a recession has not discouraged Generation Z customers away from credit products, including mortgages, according to a study from TransUnion. Gen Z, or those born after 1995, have been influenced not just by favorable economic conditions, but technological advancements, TransUnion notes.“Gen Z is the first generation of digital natives, and they have come to expect a seamless consumer experience across all walks of life – including how they access, use and manage credit,” said Jason Laky, EVP and Head of Financial Services at TransUnion. “Our belief is that the desire for credit among this generation is significant across the board, and improving economic conditions will likely serve as a springboard for more credit, especially in emerging credit markets. It’s critical for lenders in both emerging and established economies to have the ability to make more informed decisions on prospective customers and earn their trust as well as their business.”While credit cards are the most popular credit product among Gen Z, mortgages are the fastest growing product, expanding by 52% year-over-year. Gen Z is also on-par with Millennials in home loans: 2% of both credit-active millennials and Gen Z hold mortgages.“The oldest set of Gen Z consumers came of age during an elongated economic expansion and relaxed underwriting environment, which allowed for a comparatively easier entrance into the credit market than their Millennial counterparts,” said Matt Komos, VP of U.S. research and consulting for TransUnion. “Gen Z has been able to access credit cards and auto loans with greater ease, particularly because lenders have been extending their buy-box into non-prime – which has been beneficial to these Gen Z consumers as they enter the credit market.” Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Seth Welborn The Best Markets For Residential Property Investors 2 days ago Subscribelast_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

Housing-Starts Increase ‘May Soon Pause’

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Smaller-Scale Property Investors Feel Mounting Fiscal Pressure Next: The Importance of Communicating With Struggling Borrowers Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Christina Hughes Babb Servicers Navigate the Post-Pandemic World 2 days ago Share Save Housing-Starts Increase ‘May Soon Pause’  Print This Post Demand Propels Home Prices Upward 2 days ago 2020-11-18 Christina Hughes Babb Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Housing-Starts Increase ‘May Soon Pause’ The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago The U.S. Census Bureau released its construction statistics for October—which shows permits, starts, and completions—recorded a 4.9% increase in housing starts in October compared to September.Fannie Mae’s Chief Economist Doug Duncan points out that the increase was driven by single-family housing starts, which rose 6.4%, the sixth consecutive monthly increase. At 1.18 million annualized units, this was the fastest construction pace since April 2007.”While the comparative strength of single-family starts was expected,” Duncan said, “the gain was somewhat larger than anticipated and will likely result in a modest upgrade to our near-term housing starts forecast.”George Ratiu, Senior Economist at Realtor.com added that the census data “mirror rising builder optimism.”Ratiu says homebuilders are “walking a tightrope between increasing costs of labor, materials, and land, and eager buyers seeking larger homes in suburban neighborhoods.””While they are well-positioned to meet the needs of buyers in these neighborhoods,” he said, “the volume of new construction still lags the number of buyers. This has led to steeply rising new home prices that are beginning to overshadow the benefit of low interest rates. Real estate markets need a massive new inventory boost to restore balance and make homes more affordable.”First American Deputy Chief Economist Odeta Kushi weighed in on the report, echoing the idea that while new construction is happening the struggle to keep up remains.”Despite record-low inventory of existing homes for sale, construction activity has lagged. The construction industry faces several supply-side headwinds: increasing material costs (specifically rising lumber costs), a chronic lack of construction workers, a dearth of buildable lots, and restrictive regulatory requirements in many markets,” Kushi said. “There are signs that this situation may improve in the months to come. In October, single-family housing starts increased to a post-Great Recession high, increasing 29% from October 2019 as builders overcame … and broke ground on more homes. Single-family housing permits, a leading indicator of future starts, also increased by nearly 21% relative to one year ago.”Duncan says prior data indicate a closing of the gap may have started in September when new sales pulled back a bit but construction accelerated.”We expect a strong construction pace relative to sales to continue for the time being. However, the brisk acceleration in starts experienced over the past few months may soon pause. Both single-family housing permits and the number of homes authorized-but-not-yet-started were essentially flat over the month, which we believe suggests that the rapid phase of recovery may soon be ending and that further gains will likely be more modest going forward.”Kushi added that the rise in single-family permits in conjunction with the rise in construction employment in October “signals an upward trajectory for housing starts looking ahead. This reinforces reports that builder confidence increased to a record 35-year high in November, even in the face of cost challenges.”For the brokerage sector, Austin Niemiec, Executive Vice President of Rocket Pro TPO, offers the following insight on the report:”With home builders maintaining an incredible pace not seen in years, even well into the fall, brokers should view this as a clear sign they will continue assisting purchase clients throughout the rest of the year. With all products witnessing red hot demand, it is critical brokers have a strong focus on reinvesting in their business to ensure great success in the future regardless of what the market brings.” Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Market Studies, News Subscribe 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. Sign up for DS News Daily November 18, 2020 845 Views last_img read more

Minister Mc Ginley outlines his priorities

first_imgNews Dail hears questions over design, funding and operation of Mica redress scheme PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Google+ By News Highland – March 11, 2011 RELATED ARTICLESMORE FROM AUTHOR Facebook Dail to vote later on extending emergency Covid powers WhatsApp Man arrested in Derry on suspicion of drugs and criminal property offences released Previous articleCuts to Ministers pay doesn’t go far enough – Deputy DohertyNext articleRev. Jesse Jackson to present inaugural Henry Cunningham award News Highland Minister Mc Ginley outlines his prioritiescenter_img Pinterest Google+ Twitter Man arrested on suspicion of drugs and criminal property offences in Derry HSE warns of ‘widespread cancellations’ of appointments next week Inceasing employment, reducing emigration and supporting businesses are the key priorities for Junior Minister with responsibility for the Gaeltacht, Deputy Dinny McGinley.First elected to the Dail in 1982, Deputy McGinley was confirmed yeaterday as Junior Minister at the Department of Arts, heritage and Gaeltacht.He says that a lot of work needs to be done to improve the life of those living in Ireland’s Gaeltacht regions……..[podcast]http://www.highlandradio.com/wp-content/uploads/2011/03/dinminst.mp3[/podcast] Pinterest WhatsApp Twitter Facebooklast_img read more

Man arrested in Derry in relation to RAAD operation

first_img Pinterest WhatsApp Facebook Man arrested in Derry in relation to RAAD operation News Dail hears questions over design, funding and operation of Mica redress scheme Previous articleJudge refuses to allow Galliagh man to return to home after riotsNext articleMinister Phil Hogan met by up to 150 protesters in Glenties News Highland HSE warns of ‘widespread cancellations’ of appointments next week Man arrested in Derry on suspicion of drugs and criminal property offences released Twitter Dail to vote later on extending emergency Covid powers Google+center_img Google+ PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal A man in his 20s has been arrested in Derry.He is being questioned by police investigating the vigilante group, Republican Action Against Drugs.The man has been taken to the serious crime suite in Antrim.It is understood the arrest is linked to a police operation in Creggan, Derry, on 12 July, when several assault rifles were seized. Pinterest WhatsApp Facebook By News Highland – July 25, 2012 Twitter RELATED ARTICLESMORE FROM AUTHOR Man arrested on suspicion of drugs and criminal property offences in Derrylast_img read more

Donegal Deputy expresses concern at rise in waiting lists at Letterkenny Hospital

first_img Dail to vote later on extending emergency Covid powers Google+ Twitter A Donegal Deputy has expressed his concern at the rise in waiting lists at Letterkenny General Hospital.In the month of April alone, the waiting list grew by 233 to 16,221.Deputy Padraig MacLochalain says he is extremely concerned at the increasing waiting times at the hospital – a hospital which he says is in need of significant additional funding.And he said the continued rise in waiting list figures is an example of the Government trying to push people towards private healthcare:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/05/padraw.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. WhatsApp Google+ Pinterest Man arrested in Derry on suspicion of drugs and criminal property offences released HSE warns of ‘widespread cancellations’ of appointments next week By admin – May 15, 2015 Twitter Homepage BannerNewscenter_img Facebook PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Donegal Deputy expresses concern at rise in waiting lists at Letterkenny Hospital RELATED ARTICLESMORE FROM AUTHOR WhatsApp Facebook 365 additional cases of Covid-19 in Republic Pinterest Previous articleDonegal Fianna Fail Cllr to go against party and vote no in marriage referendumNext articleThird arrest over death threats to Derry man Darren Kelly admin Man arrested on suspicion of drugs and criminal property offences in Derry last_img read more

Donegal jobs crisis raised in Dail

first_img RELATED ARTICLESMORE FROM AUTHOR Google+ Twitter Main Evening News, Sport and Obituaries Tuesday May 25th 75 positive cases of Covid confirmed in North WhatsApp Previous article30 jobs lost in Co Derry as JJB Sports closesNext articleMc Conalogue worried by rise in burglaries in Northern Garda Region News Highland Pinterest Facebook Google+ By News Highland – October 3, 2012 Donegal jobs crisis raised in Dailcenter_img Twitter A Donegal Deputy has hit out at the Governments failure to create jobs here in the county.The latest figures from the CSO show that between 26% and 30% of the working population in Donegal are out of work.Hundreds have also emmigrated from the County in recent years.Donegal North-East Deputy, Padraig MacLochlain, speaking in the Dail, asked what was being done to create jobs in the Northwest…..[podcast]http://www.highlandradio.com/wp-content/uploads/2012/10/pad830.mp3[/podcast]In reponse, the Minister for State for Small Business, John Perry, said that the Government are always looking at ways of bringing employment into Donegal…[podcast]http://www.highlandradio.com/wp-content/uploads/2012/10/perr830.mp3[/podcast] Further drop in people receiving PUP in Donegal News Man arrested on suspicion of drugs and criminal property offences in Derry Pinterest Facebook WhatsApp Gardai continue to investigate Kilmacrennan fire 365 additional cases of Covid-19 in Republic last_img read more