Foreclosures Hit 10-Year Low, Despite April Uptick

first_img Foreclosures Hit 10-Year Low, Despite April Uptick Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Black Knight Financial Services, a provider of integrated technology, data, and analytics solutions, released its First Look at April’s mortgage performance Wednesday. The total national loan delinquency rate (loans 30 or more days past due, but not in foreclosure), spiked 13 percent from March putting a little over 2 million properties past due, however Black Knight said there is no need for alarm. The rise is primarily due to the calendar.Due to the month ending on a Sunday, servicers were unable to process payments the last two days of the month. Typically, for this reason, all months ending on a Sunday cause a spike in delinquencies. Additionally, March is known to be the calendar year low for mortgage delinquencies, triggering a rise coming into April.Past due mortgage accounts went up by roughly 241,000 from March, however, 227,000 of those were early stage delinquencies meaning they were 30 days past due. Based on previous months that follow a Sunday ending, May should be a near, but likely not complete, reversal in April’s delinquencies.Active foreclosures are continuing to fall, hitting a 10-year low of 433,000. Similarly, at 52,800, monthly foreclosure stops were the fewest since January 2005. Prepay speeds, typically a good indicator of refinance activity, fell by 11 percent from March.Properties 90 days or more past due, but not in foreclosure were down 8,000 at 581,000, properties in foreclosure pre-sale inventory were down 15,000 to 433,000, and properties 30 days past due or in foreclosure were up 227,000 at 2.5 million.Similar to the March report, by state, Mississippi continues to hold the highest number of delinquent loans at 3.16 percent being over 90 days. Mississippi is followed by Louisiana, Alabama, Arkansas, and Tennessee.A more detailed review of this data will be available June 5, 2017 in Black Knight’s Mortgage Monitor Report. This report will include an analysis of data supplemented by detailed charts and graphs that reflect trends and point-in-time observations.The report will be available here. Tagged with: Black Knight Financial Services Delinquencies Lenders and Servicers mortgage Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Market Studies, News Share Save Demand Propels Home Prices Upward 2 days ago Black Knight Financial Services Delinquencies Lenders and Servicers mortgage 2017-05-24 Brianna Gilpin About Author: Brianna Gilpin Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days agocenter_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago May 24, 2017 1,709 Views  Print This Post Related Articles Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] Sign up for DS News Daily Previous: FHFA: Four Regulatory Focuses for 2017 Next: CFPB vs. PHH: Two-Year Battle Coming to a Head Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Foreclosures Hit 10-Year Low, Despite April Uptick Subscribelast_img read more

A5 progress will be a “red line” condition for SF’s participation in a future…

first_img By News Highland – October 1, 2015 Twitter Calls for maternity restrictions to be lifted at LUH Homepage BannerNews Previous articleDerry’s Fergal Doherty retires from the inter county sceneNext articleShiels criticises government for not including Bonagee Link in capital investment programme News Highland Guidelines for reopening of hospitality sector published A5 progress will be a “red line” condition for SF’s participation in a future Stormont adminstration Facebook The North’s Deputy First Minister says substantial progress on the A5 will be a ‘red line’ issue for Sinn Fein when it comes to agreeing a future programme for government at Stormont.Martin Mc Guinness told a public meeting in Derry last night that while legal issues have severely delayed the A5, there is a perception that former minister Danny Kennedy and his Ulster Unionist colleagues have been blocking political progress.Speaking to Greg Hughes on today’s Shaun Doherty Show, Martin Mc Guinness said the priority must be to call a new public enquiry as quickly as possible…………….Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/10/martya5.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Pinterest GAA decision not sitting well with Donegal – Mick McGrath Google+center_img Google+ WhatsApp Twitter RELATED ARTICLESMORE FROM AUTHOR Three factors driving Donegal housing market – Robinson WhatsApp Nine Til Noon Show – Listen back to Wednesday’s Programme Pinterest Facebook LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamiltonlast_img read more

Last drop of oil?

first_imgBy Brad HaireUniversity of GeorgiaTifton, Ga. – The era of oil-driven energy is coming to anend, said Jim Fischer, a senior technical advisor with the U.S. Department of Energy.”The world consumes two barrels of oil for every barrel discovered,” Fischer said during the Georgia Bio-energy Conference at the University of Georgia Tifton Campus Conference Center in Tifton, Ga., Aug. 1–3.The world has been using more oil than it has been producing for the past 20 years, he said. And by the year 2020, the world’s population will have increased its need for energy by 60 percent.”So as we reflect on the energy situation, let’s keep in mind that we’re not at our last drop of oil,” he said. “But we’re getting close.”The United States uses about a quarter of the world’s oil supply but only has about 2 percent of its reserves. The Organization of Petroleum Exporting Countries (OPEC) nations use 7 percent and have 77 percent of the reserves.Biofuels could provide a way to oil independence, said John Sheehan, an analyst with the U.S. Department of Energy. But gasohol was never proposed as a way of avoiding all fossil fuels, such as oil, coal and natural gas. “It was proposed as a way of reducing oil consumption,” he said.There are ethical questions in regard to using food crops for fuel, he said. There are trade-offs and “no free lunch.”For example, a typical corn ethanol plant uses 6 to 7 gallons of water to create 1 gallon of ethanol, he said.If the United States wanted to replace its transportation fuel needs with biofuel, how much land would it take?Sheehan said it would take a billion acres of switch grass, a plant with many good bioenergy and environmental benefits, given the current state of technology. The United States has only 400 million acres in total farmland now.The only way to reduce that large of a land demand, he said, would be through improving vehicle efficiency and the bioenergy technology process by capturing more useable energy at the end of the process.”It’s very easy to do this technology or any technology the wrong way,” Sheehan said.last_img read more

New club stresses sports performance

first_imgFor Jennifer Enos, it’s a simple philosophy.The more well-rounded the training regiment, the more well-rounded the athlete will be, and the more well-rounded the athletes are, the better they’ll perform in their chosen sport.And it’s a philosophy she’s trying to instill in young athletes here on the North Coast this summer.“The more you can improve the limiting factors, the better you’ll be as an athlete,” she said. “And the offseason is where you can work on really being a more well-rounded …last_img read more

Record-breaker Rashford can become United great

first_imgManchester United Record-breaker Rashford can become a Manchester United great Kris Voakes Man Utd Correspondent Last updated 2 years ago 05:26 21/9/2017 FacebookTwitterRedditcopy Comments(1) Marcus Rashford Anthony Martial Manchester United Getty Images Manchester United League Cup Manchester United v Burton Albion Burton Albion Marcus Rashford Opinion Videos The England striker continued his great run of form in front of goal in the 4-1 Carabao Cup victory over Burton Albion Manchester United strolled to victory in the Carabao Cup on Wednesday, with Marcus Rashford netting two early goals and later grabbing an assist in the 4-1 win over Burton Albion at Old Trafford.The teenager now has 24 goals for United and has yet to turn 20, with his form so far this season evidence of his maturation at the highest level.Even Wayne Rooney hadn’t scored so many times for the club at Rashford’s age, and the former England captain went on to net a record 253 times before returning to Everton in the summer. Editors’ Picks ‘I’m getting better’ – Can Man Utd flop Fred save his Old Trafford career? Why Barcelona god Messi will never be worshipped in the same way in Argentina Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Previously tipped by manager Jose Mourinho to potentially run Rooney’s record close, Rashford continues to develop as a top striker.And, as our Manchester United Correspondent Kris Voakes says, while it’s still early days for Rashford, he’s showing all the signs of being a United hero to match some of the club’s greats of previous years.last_img read more

Watch Tim Tebow, Nick Saban Jump Into A Lake Together

first_imgTim Tebow, Nick Saban speak with ESPN's Marty Smith.The media knows Alabama head coach Nick Saban for his long rants during media conferences and for winning four out of the last seven national championships.He has a playful side too, though.In an interview with ESPN reporter Marty Smith and college football analyst Tim Tebow, Nick Saban opened up his home on Georgia’s Lake Burton and revealed that playful side.Don’t believe it? Watch him jump into the lake with his two visitors, fully clothed:[email protected] & @MartySmithESPN invited themselves to Nick Saban’s house. See the full interview at 9:30am ET on ESPN.https://t.co/sYa0CWA2N1— SportsCenter (@SportsCenter) August 28, 2016The SportsCenter preseason interview with the acclaimed coach set a goal of humanizing the legend. ESPN promoted the visit as “Nick Saban like you’ve never seen him before.” From previews, it definitely lives up to that expectation.The interview took at the end of July, shortly before Alabama opened fall camp. The intimate group made points to discuss non-football topics, including life and family.In addition to jumping into a lake with Saban, the two ESPN representatives grilled the coach on his keys to success while he casually drove his boat.“I don’t think about what was accomplished in the past. I really spend all my time thinking about the next challenge,” Saban told the two reporters.The Tim Tebow, Nick Saban and Marty Smith interview aired this morning at 9:30 E.T. on SportsCenter. It will continue to air throughout the day.Alabama opens its 2016 season Sept. 3 against USC.last_img read more

The NFLs HomeField Advantage Is Real But Why

As the NFL playoffs approach, teams will be competing hard down the stretch to secure home-field advantage for at least one postseason game. It’s also the reason teams like the Rams and Saints, who have comfortably locked up a playoff spot and even home field for their first playoff game, will risk injury to their starters as they chase home field for a potential conference championship game. This all makes good sense: Over 57 percent of games are won by home teams in the NFL, putting the road team at a distinct disadvantage.The benefits of playing at home in the NFL are clear. Statistician and FiveThirtyEight contributor Michael Lopez, along with Gregory J. Matthews and Benjamin S. Baumer, found that the effect of home field-advantage in American football is second only to the NBA among the major sports. But what is less clear is why.Michael Lombardi, NFL analyst and former front-office executive, believes that much of the disadvantage stems from players being unable to hear the snap count. According to Lombardi, losing the ability to hear the count takes away the offensive line’s inherent advantage of knowing when the play will start. This allows linemen and skill players to burst off the line and get a small early advantage on the defense. This loss of first-mover advantage on the offensive line — I’ll call it the Lombardi hypothesis — then manifests itself as road teams being less effective running the ball.The Lombardi hypothesis is intuitive. Most fans who have watched an NFL game in Denver or Seattle have seen the effects crowd noise can have on an offensive line’s ability to communicate. It’s not a huge leap to think that lower rushing efficiency might be the natural result of a loud crowd. But is it true? Are teams less effective running on the road? And if teams are less effective rushing on the road, how confident can we be that crowd noise is the cause?To find out, I took play-by-play data generated by Elias Sports Bureau from 2009 through Week 15 of 2018 and broke out all rushing plays by home and away team. I then plotted the distributions of yards gained per rushing play for both groups to see if there was a difference between rushing effectiveness for home and away teams.It turns out that road teams are indeed slightly less efficient rushing. Home teams average 4.37 yards per carry while road teams average 4.27, a tenth of a yard less. The distributions of yardage gained on rushing plays are extremely similar, however, and the disadvantage road teams face when rushing the ball is quite small. Assuming both teams ran 30 times in a game, we would expect the road team to rush for just 3 less yards than the home team.The relative benefits to the home team are magnified if we look at rushing expected points added, which account for game context like down, distance and field position. EPA per rush play is negative for both home and away teams, -.073 away vs. -.058 for home teams, but it is slightly less negative of a proposition for the home team. Over those same 30 rushing plays, we would expect the home team to lose 1.7 points, while the away team would be expected to lose 2.2 points, good for a half-point differential.So the first part of the Lombardi hypothesis appears to be correct: It is slightly harder to run on the road than at home. But is crowd noise the most likely cause? As a first approximation for a loud crowd, I broke out the rate at which both home and road teams were penalized for false starts1Using the same Elias data from 2009-2018.. We might expect more false start penalties to be called on the away team in a hostile, loud environment than the home team. Yet this not what we find. From 2009 through Week 15 of 2018, false start penalties were called on 1.4 percent of all home team plays and 1.34 percent of road team plays.This is a strange result if crowd noise is the driver of road teams’ lower rushing efficiency. To validate the finding, I drilled down into situations where teams were either backed up inside their own 10 yard line or in their opponent’s red zone. We’d expect the home crowd to be especially boisterous in those high-leverage situations, leading to more false starts for the road teams. But again that isn’t the case. Road teams were penalized for a false start on 1.44 percent of such plays, while home teams were penalized at a nearly identical — but still higher — rate of 1.47 percent. There’s other research that suggests crowd noise is not a factor in NFL team performance as well. Economist Tobias Moskowitz and Sports Illustrated writer L. Jon Wertheim were also unable to find evidence that crowd noise affects player performance. In the NFL specifically, they found that kickers and punters appear to be unaffected by crowd noise — undermining another common perception.But if crowd noise can’t explain home-field advantage, then what does? Unfortunately, the answer to this rather fundamental question remains elusive. Probably the best evidence for a true home-field advantage comes in the form of the sports teams in Denver. It may be the case that Denver’s high win percentage at home, especially early in the season, is dragging up the home league-wide home-field advantage. Each mile-high team in the major sports enjoys a home-field advantage far above those of their peers. The reason for it can be traced back to temperature and altitude. Playing at a high altitude without properly acclimating to it, especially in warmer temperatures, is a legitimate physiological disadvantage.I asked Lopez, who is now director of analytics for the NFL, his opinion on what drives home-field advantage, and he was circumspect. “It really is unclear,” he said. Lopez identified a few areas that might account for at least some of advantage, including referee bias in high-leverage situations.“If you look at the 15 most impactful, controversial calls in games over the past few years I think you’d find that maybe 14 of the calls went for the home team,” Lopez said. Next Gen Stats data might hold promise in this regard, however. “Using the ball-tracking data we have available, there are probably incremental ways we can help make official’s lives easier while increasing fairness in the game,” Lopez said.Lopez also noted that some recent studies have shown a drop in the size of the effect of home-field advantage. The drop could perhaps be explained by more comfortable travel, or better institutional controls on referee bias. How much these factors explain the 57 percent win rate home teams enjoy is difficult to say. Blaming crowd noise and its hypothesized effect on home-team rushing efficiency, however, appears to be unfounded. read more

How will Lighty former Buckeyes fare in NBA draft

For the past four years, Ohio State has had at least one player selected in the NBA Draft. The streak will more than likely extend to five years Thursday night as former Buckeye David Lighty realizes his professional dream. Lighty, the all-time leader in wins at OSU, is widely projected to be taken in the second round. ESPN analyst Fran Fraschilla told the Cleveland Plain Dealer he feels that Lighty will be valuable to an NBA team. “I think David Lighty will be on the roster in one way, shape or form,” Fraschilla told the Plain Dealer. “[It wouldn’t be a surprise] if you tell me in a year or two from now he’s having a lot of success because he’s one of those no-mistake guys we talked about. If you put him on the floor he’s probably going to know his role. There is a lot that he offers as an early to mid-second round pick.” The 6-foot-6, 216-pound Buckeye was a defensive-specialist at OSU, regularly taking on the opposing team’s best scorer. Last season, Lighty averaged slightly more than 12 points per game while shooting a career-best 46.8 percent on three-pointers. Several teams have hosted Lighty for a workout, including the Cleveland Cavaliers, who hold two selections in the second round. Another Buckeye who might hear his name called on Thursday night is Jon Diebler. While the general sense is that Diebler has a greater chance of going undrafted than Lighty, ESPN draft analyst Chad Ford told the Plain Dealer he thinks both players will be selected. “Diebler shot 50 percent from three this year, and he took a lot of threes,” Ford told the paper. “He’s got pretty good size. He’s not a terrible athlete either. I actually think both [Lighty and Diebler] will be drafted.” Ford has Diebler ranked as the 69th prospect of the draft class. If he is picked, it would cap off a busy and memorable month for the OSU senior. Along with NBA workouts, Diebler recently married. Fellow senior Dallas Lauderdale will more than likely go undrafted, but the 6-8, 260-pounder has worked out for a few teams and should get an invite to an NBA training camp. Before the Cavaliers have the chance to consider this trio of Buckeyes in the second round, the team must decide what to do with the No. 1 and No. 4 overall picks of the draft. The general consensus is that Duke guard Kyrie Irving and Arizona forward Derrick Williams are the two best players in the draft class, both worthy of garnering the top-selection. Ford predicts Cleveland will take Irving. The Cavaliers could have several options with the fourth pick. Many mock drafts have them deciding between two European big men, 7-foot Jonas Valanciunas from Lithuania and 6-foot-11 Enes Kanter from Turkey. Cleveland has also been rumored to be exploring trade options with the pick, including a bid to secure the second overall selection from Minnesota in hopes of getting both Irving and Williams. According to Ford’s mock draft analysis, Valanciunas has a buyout with his team in Lithuania that may prevent him from playing in the NBA this season. Ultimately, he projects the Cavaliers will take Kanter. “The Cavs love Valanciunas, but do they love him enough to draft him even if he won’t be coming to the NBA next season? I doubt it at No. 4. The Cavs have been exploring a number of trade possibilities to move down a few spots in the draft. If they stay here, I think Kanter is their guy,” Ford wrote. The 2011 NBA Draft is Thursday at 7 p.m. in Newark, N.J. read more

Commentary Big East should take a back seat to the Big Ten

The Big Ten Tournament is a middle child. No one outside of the conference pays much attention to it because they’re too busy watching the golden boy of postseason conference tournaments, the Big East Tournament. Year after year, the Big East Tournament provides college basketball fans across the country with classic games and classic performances in the mecca of the basketball world (Madison Square Garden). There was the six-overtime game between Connecticut and Syracuse in 2009 and Kemba Walker’s epic one-man run to win the Big East Tournament (and ultimately the National Championship) last year. If the Connecticut-West Virginia, Connecticut-Syracuse and Cincinnati-Georgetown games are any indication, this year’s Big East Tournament won’t be any different. But times might be changing. The middle child might make a very loud cry for attention this year. The past few years, the Big East has dominated college basketball. Yeah the conference has a higher number of teams than any other top-six conference, but the conference was stacked like a magician’s deck of cards. That’s not the case in 2012. Top to bottom, no conference in the country is stronger than the Big Ten. Five of the 12 Big Ten teams are ranked in the top 15 in the country, compared to three out of 16 teams in the Big East. Last year at this time, the Big East had seven teams in the top 25. This year they have just four. The fact is when talented teams already familiar with each other get together with high stakes on the line, there are going to be some high-intensity, quality basketball games played. This year, the tournament with the most overall talent will be in Indianapolis and not coincidentally, that’s where the best postseason conference tournament will be as well. To put in perspective how tough the Big Ten tournament will be this year, No. 14 Wisconsin, the fourth-seeded team in the Big Ten, will have to play their first game of the tournament against No. 15 Indiana Friday. So much for a warm-up. And don’t forget, the regular season of the Big Ten ended in a tie. Michigan State, Michigan and Ohio State finished with identical 13-5 records in the conference and split their regular season meetings. You don’t think players will be fighting for bragging rights? You don’t think Michigan State is furious they lost their final two games of the year including its Senior Day against OSU? There will be emotion. There will be passion. And in the case of some teams, there will be desperation. Mix those things together and it’s a basketball fan’s heaven. Best of all, the whole thing will be broadcast live to you by the most over-the-top but awesome commentator in sports, Gus Johnson. ESPN columnist Bill Simmons always talks about the “Law Of Gus.” It states that in games he announces, crazy things happen. Buzzer beaters, comebacks, men with overgrown hair and a mole mustache crying in the middle of the court (Adam Morrison), you name it. If Gus is there, everything is in play. The law has been proven and re-proven so many times. It’s only a matter of time before it gets published in a scientific journal. The Big East Tournament may have Madison Square Garden, but I’ll take better teams, unfinished conference feuds and ridiculously over-dramatic announcing. I’ll take the Big Ten tournament. read more