whatsapp Dow and S&P hit 31-month high Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia Share Tuesday 1 February 2011 9:13 pm KCS-content whatsapp The Dow and S&P 500 closed at their highest levels since June 2008 yesterday after reports of strong earnings and signs of a surge in US manufacturing. The Dow closed at 12,040.16 – above the critical 12,000 level – while the Standard & Poor’s 500 Index rose 21.45 points, or 1.67 per cent, to 1,307.57. More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Tags: NULL
Blantyre Hotels Limited (BHL.mw) listed on the Malawi Stock Exchange under the Tourism sector has released it’s 2011 annual report.For more information about Blantyre Hotels Limited (BHL.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the Blantyre Hotels Limited (BHL.mw) company page on AfricanFinancials.Document: Blantyre Hotels Limited (BHL.mw) 2011 annual report.Company ProfileBlantyre Hotels Limited is a holding company operating in the hospitality and tourism sector in Malawi. The company owns and manages Ryalls Hotel in Blantyre, Malawi. Its operations are managed by Protea Hotels of South Africa under a services contract. Ryalls Hotel is the most-technologically advanced hotel in Malawi, offering accommodation for businessman and holidaymakers. Situated in Blantyre, the commercial capital of Malawi and only 15-mintues from Malawi’s international airport; the hotel offers travellers well-appointed accommodation in an upmarket location, full conference and banqueting facilities and a fitness centre. Blantyre Hotels Limited is listed on the Malawi Stock Exchange
Kenya Commercial Bank Limited (KCB.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2017 presentation results for the half year.For more information about Kenya Commercial Bank Limited (KCB.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the Kenya Commercial Bank Limited (KCB.tz) company page on AfricanFinancials.Document: Kenya Commercial Bank Limited (KCB.tz) 2017 presentation results for the half year.Company ProfileKenya Commercial Bank Limited is a leading financial institution in Tanzania offering retail and corporate banking services as well as mortgages, treasury and Bancassurance services. Kenya Commercial Bank offers financial solutions ranging from current accounts, overdrafts and loans to fixed and short-term deposits, mortgage finance, trade finance and forex, and business investment accounts. The banking institution participates in investments in Treasury Bills and Bonds with the central banks. Wholly-owned subsidiaries in the banking group include Kenya Commercial Finance Company Limited, Savings & Loan Kenya Limited, Kenya Commercial Bank Nominees Limited, Kencom House Limited, KCB Tanzania Limited, KCB Sudan Limited, KCB Rwanda SA and KCB Uganda Limited. Kenya Commercial Bank Limited is listed on the Dar es Salaam Stock Exchange.
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. Image source: Getty Images Enter Your Email Address 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. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares Royston Wild 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. Simply click below to discover how you can take advantage of this. Royston Wild | Friday, 28th August, 2020 The 2020 stock market crash provides the best investment opportunity for more than a decade. There have been some severe share market dips in recent years thanks to issues like Brexit and US trade wars. But the recent crash leaves an eye-popping number of high-quality UK shares trading at unmissable prices.History shows us that stock market crashes can separate investors who make a fortune via share investing from those that generate middling returns. Buying UK shares after a crash allows you and I to buy great companies at rare low prices. We can then sit back, watch them soar in value as the economic landscape improves, and make a killing in the process.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…3 UK shares I’d buy after the stock market crashI’ve continued to buy UK shares in a Stocks & Shares ISA despite the macroeconomic turbulence caused by Covid-19. There are too many top stocks trading at bargain-basement prices not to, in my opinion. Here are a few more undervalued UK shares I’m thinking of adding to my personal shares portfolio:I think NWF Group’s a steal at current prices. Its shares trades on a forward price-to-earnings (P/E) multiple of 11 times and are the perfect pick for risk-averse investors. The fuels and animal feed supplier has experienced strong revenues growth despite the Covid-19 crisis. And I’m confident expansion across the business should boost profits growth looking ahead.Polymetal International shares were looking really attractive before the Federal Reserve’s latest meeting this week. But with the Fed now announcing a more relaxed attitude to inflation, the appeal of gold, and of gold stocks, is even stronger. Predictions of further explosive gold price growth now look more solid than ever. This makes FTSE 100 stock Polymetal, which trades on a forward P/E ratio of 12 times and carries a 4.5% dividend yield, a bargain UK share.Vodafone Group also offers plenty of all-round value for money today. The FTSE 100 giant trades on a sub-1 forward price-to-earnings growth (PEG) ratio of 0.7 whilst boasting a chunky 7% dividend yield, too. Telecoms providers, like utilities, provide essential services which stand up well regardless of broader economic conditions. This is why Vodafone’s expected to keep growing profits over the near term. And over the long term the business should benefit from the rise in home working as more and more workers the world over connect to their workplaces remotely.Getting rich with The Motley FoolThese are a mere handful of the too-cheap-to-miss stocks I’m thinking of buying for my ISA today. There are many other high-quality UK shares trading much too cheaply after the stock market crash. And The Motley Fool’s huge trove of articles and exclusive reports can help you dig them out and get rich in the process. 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. Stock market crash: 3 ‘too cheap to miss’ UK shares I’d buy in a Stocks & Shares ISA right now See all posts by Royston Wild
Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Peter Stephens | Monday, 16th November, 2020 The last two weeks have seen a sharp stock market recovery take hold. For example, the FTSE 100 has risen 15% since the end of October, with many UK shares rising at an even faster pace due to improving investor sentiment.Looking ahead, further gains could be ahead for the stock market over the long run. As such, investing £500 a month in a selection of FTSE 100 and FTSE 250 stocks could lead to a surprisingly large portfolio. It may even allow an investor to make a million during their lifetime.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…A stock market recoveryClearly, there is still some way to go before a stock market recovery would make up lost ground for UK shares in 2020. Indeed, the FTSE 100 continues to trade around 15% down on its 2020 starting price.However, the recent rise in valuations of cheap shares shows that there is reason for investors to be optimistic about the stock market’s long-term prospects. Ultimately, the FTSE 100 and FTSE 250 have always recovered from their various declines to post new record highs. The path towards a market rally may not be a smooth one due to risks such as Brexit and coronavirus. However, rising stock prices could have a positive impact on investor portfolios over the long run.Investing money in UK shares todayInvesting money in UK shares to capitalise on a stock market recovery could be a sound move. However, since risks remain, diversifying across multiple companies and sectors could be a profitable strategy. It may reduce an investor’s reliance on a small number of businesses and industries while their outlooks remain uncertain.Furthermore, identifying stocks that trade at a discount to what they are worth could be a logical approach. This may mean that an investor buys stocks with solid financial situations and strong market positions while they face challenging near-term outlooks. Weak investor sentiment towards such companies may mean they benefit the most from a market rally in the coming years.A stock market recovery may also mean that UK shares in unpopular sectors offer greater capital appreciation potential. Therefore, investing money in industries which have been overlooked by investors so far this year may allow an investor to grab FTSE 100 and FTSE 250 bargains prior to further stock market gains.Making a millionInvesting money regularly in UK shares could allow an investor to benefit from a stock market recovery. Even if they only receive the market rate of return, it may lead to a surprisingly large portfolio in the long run.For example, the FTSE 100 has produced an annualised total return of 8% since its inception in 1984. Assuming the same rate of growth on a £500 monthly investment could lead to a portfolio valued at £1m within 35 years. As such, with many stocks still priced at low levels after the market crash, there may be buying opportunities available on a long-term outlook. Simply click below to discover how you can take advantage of this. 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. 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. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Peter Stephens Our 6 ‘Best Buys Now’ Shares Enter Your Email Address Stock market recovery: how I’d invest £500 a month in UK shares to make a million 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.
Photographs: Hao ChenLighting Consultant:Zhou HongliangEnergy Efficiency Consultant:Wang JinchengFaçade Consultant:Tang BinfengStructure Consultant:Liu SuCity:BeijingCountry:ChinaMore SpecsLess SpecsSave this picture!Courtesy of Atelier About ArchitectureRecommended ProductsWoodLunawoodThermowood FacadesDoorsVitrocsaGlass Technology in Hotel BeaulacWoodStructureCraftEngineering – Architectural & FreeformWoodEGGERLaminatesText description provided by the architects. It took three years to complete the design of House W with numerous redesign and adjustments in between. Atelier About Architecture has invested great effort and the process witnessed its own growth. As the owners of the project, the architect duo was playing as both Party A and Party B during design, and the key is to clarify the expectations on living and to solve possible problems with absolute sincerity.Save this picture!Courtesy of Atelier About ArchitectureThe design of House W was challenged by two physical conditions at the beginning: the temperature at the site is extremely low in winter because the building is rested with its back against the hillside, therefore we need to ensure the heat preservation inside will be strong enough under cold weather while to guarantee energy efficiency; it is also a tough job to meet the strict requirements on heat preservation and to create humanistic environment in the building at the same time. In most circumstances, rooms will be arrayed along the four sides of the plan; therefore, the area in the center will barely share any sunlight and become inanimate and cold. The situation generally gets worse when the volume turns larger, which will bring more difficulties to the heating and ventilation.Save this picture!DiagramThe building is standing with its back against the hillside, allowing the cold air to scour along the north façade in winter. AAA defined the program of the building as well as the sizes and positions of the windows based on the site and sunlight. The outside walls were wrapped with 150mm insulation panels, plus the huge glass box in the atrium, providing continuous heat in winter. As proved by the experiment on the data collected in the first heating season, the temperature of the interior will reach an average level of 11 degree in winter without turning on any heating equipment. Meanwhile, cool air will be introduced from the basement and discharged from the inside as a result of natural airflow to reduce the indoor temperature.Save this picture!Courtesy of Atelier About ArchitectureSave this picture!Ground Floor PlanSave this picture!Courtesy of Atelier About ArchitectureAAA also invited Architecture and Technology Research Institute of Tsinghua University to carry out a half-year professional examination after the realization of House W with the aspiration of building a passive house that completely meets international standards.Save this picture!Courtesy of Atelier About ArchitectureSave this picture!Courtesy of Atelier About ArchitectureAAA made careful measurements on each independent room according to our own living habits, and have defined the volume of each space by column width of 6 meters instead of blindly maximizing the space. In this blundering era with excessive visual information, architecture itself has become more and more pictorialized where people are more likely to be attracted by the photos of a building instead of the building itself. However, the real beauty of architecture, as well as the abstraction and the relevance of spaces, are beyond the expression by images. Architecture can only be understood through personal experience.Save this picture!Courtesy of Atelier About ArchitectureMartin Heidegger believed that poetic dwelling is not only about poetic watching, but also about living in poetry. The comfort of living is an evitable element in any time. In his article Ornament and Crime (Ornament und Verbrechen),Austrian architect Adolf Loos advocated for removing ornaments from objects as he saw ornament as fraud. AAA was greatly inspired and therefore rejected all ornamental elements for visual impact in this project to ultimately present a “sincere” building that truly meets our expectation on living.Save this picture!Courtesy of Atelier About ArchitectureProject gallerySee allShow lessA Sustainable Design School Aiming to Change the Culture of Education, Research, and…MiscSequence House / Youichi KounoSelected Projects Share Save this picture!Courtesy of Atelier About Architecture+ 35 Share Area: 1200 m² Year Completion year of this architecture project China ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/876747/house-w-atelier-about-architecture Clipboard 2017 “COPY” Projects “COPY” Houses Interior Designers: Atelier About Architecture Area Area of this architecture project Year: House W / Atelier About Architecture Copy•Beijing, China Photographs CopyAbout this officeAtelier About ArchitectureOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesBuildingsResidentialBeijingResidentialHousingChinaPublished on August 04, 2017Cite: “House W / Atelier About Architecture” 03 Aug 2017. ArchDaily. Accessed 11 Jun 2021.
Tagged with: corporate corporate fundraising The October Club has opened applications for the position of its 2019 charity partner.Applications are open until 12 February. The October Club funds small and growing charities with a voluntary income of between £500,000 and £2.5 million per annum. The funding is for a transformational project based across several UK regions, and the funds must be used within three years.One charity is supported each year, and the average amount raised in recent years for charity partners has been £500,000.The October Club’s 2018 charity is WellChild, while in 2017 it supported The MS Trust.October saw The October Club raise £700,000 for WellChild at its annual dinner at The Savoy. The event saw over 400 guests attend. Funds were raised via a live and silent auction, with lots including a David Yarrow original image, ‘The Barber off Fairfax’, a private box at Ascot Racecourse and a unique behind the scenes experience at the Royal Ballet at Covent Garden, raising over £384,000. In addition, guests were able to make pledges to support WellChild’s Better At Home Units. WellChild Chief Executive Colin Dyer said: “We would like to thank The October Club for their fantastic support in organising this wonderful event and in donating so generously towards WellChild’s work for seriously ill children and their families. Their support will be invaluable as we establish our Better At Home Units across the UK which will allow parents looking after children with complex needs to get the training and vital skills they need to care for them safely at home.” Chairman of The October Club, Henry Knapman, said: Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis25 “WellChild have been a terrific partner throughout this year and the October Club committee was delighted with another hugely successful annual dinner. For 31 years we have been helping smaller UK charities transform their offering and I’m confident that WellChild has the project, the strategy and the management to do just that. We look forward to maintaining our connection with them and watching their success for many years to come.”The October Club was founded in 1987 by a group of City workers, who decided to hold a fundraising dinner in aid of Leukaemia sufferers. Since then, the Club has held annual dinners, raised over £11 million for transformational charity projects. 151 total views, 1 views today About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. 2019 charity partner sought for The October Club 152 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis25 Melanie May | 3 December 2018 | News
ReddIt printTCU descended back to its 2014 ranking as No. 82 on the U.S. News 2016 selection of Best National Universities.TCU dropped from No. 76 to No. 82 in the 2016 rankings. + posts The College of Science and Engineering Dean, Phil Hartman, retires after 40 consecutive years Twitter FrogFest and Pep rally will both take place in the Campus Commons. Linkedin Facebook Twitter ReddIt Facebook Previous articleFrogs remain No. 3 in AP Poll, now tied with Ole MissNext articleSGA swears in Class of 2019 reps, looks to fill remaining open seats Dee Stolzenthaler RELATED ARTICLESMORE FROM AUTHOR Dee Stolzenthaler Linkedin TCU looks to similar institutions for ideas Dropping from the previous rank of 76, the university is ranked behind fellow private Texan schools Baylor University (72) and Southern Methodist University (61).Universities are placed in their given spot mainly due to the proportion of first-year students who return to campus for sophomore year and eventually graduate, class size, faculty salary and student selectivity.Current TCU students said that the ranking was not a factor of why they chose the university. Alex Bauer, senior accounting major, stated that it was not the rank at all that made him decide to commit to TCU, but instead that he liked how he did not feel as if he was a number, but an actual student.“You can walk around campus and have familiar faces and you can’t get that with every school,” Bauer said.Freshman criminal justice major Kelly Eke said that she chose TCU because of the feeling she had when she stepped on the campus for the first time.“Eighty-two is not bad,” Eke said. “I am very proud of our school.”When asked why TCU is still ranked highly, director of freshman admissions Heath Einstein explained that TCU continues to attract good students.“TCU focuses on bringing in high quality students, making each class stronger than the last,” Einstein said. Dee Stolzenthalerhttps://www.tcu360.com/author/dee-stolzenthaler/ Students debut performances of drag personas as part of unique new course Condensed semester, lost week to snowstorm adding to some students stress during finals week
Community News Pasadena to Launch Small Business COVID-19 Relief Grant Program Application period opens Jan. 25 By BRIAN DAY Published on Friday, January 8, 2021 | 4:37 pm Community News Your email address will not be published. Required fields are marked * Business News 17 recommended0 commentsShareShareTweetSharePin it STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community News Top of the News STAFF REPORT First Heatwave Expected Next Week Subscribe Pasadena city officials on Friday announced the launch of a new grant program to offer relief to local small business owners who have suffered hardships due to the COVID-19 pandemic.Small Business COVID-19 Relief Grant Program is being administered in partnership with the Pasadena Community Foundation, which will select recipients and distribute the funds, city officials said in a written statement.It will provide grants of $7,500 to up to 50 qualifying businesses, officials said.Applications will be collected online. The application period will open Jan. 25 and close Feb. 12.PCF Senior Program Officer Kate Clavijo said the program was meant to offer a helping hand to small businesses struggling through the pandemic.“Small businesses are suffering a huge financial burden due to the pandemic, and many don’t have the resources to hold on long term, she said. “PCF is grateful that the City has stepped up to help once again and is counting on the Foundation’s history of grant-making expertise to get that help to the businesses that need it most.”Funds for the grants are coming from the city’s annual Community Development Block Grant allocation, officials said.To be eligible, applicants must own 51% or more of the business, have five or fewer employees, operate out of a street-level storefront in Pasadena and have experienced economic hardship due to the pandemic, according to the city statement.Complete program guidelines are available online at pasadenacf.org/grants/pasadena-small-business-relief-fund-grant.A series of information Zoom meetings will be held at noon on Jan. 20, 22, 28 and 30. The meetings can be accessed at https://pasadenacf.org/info-session/For more information on the program, Clavijo can be reached at (626) 796-2097 x7 or at [email protected], or Program Officer Mike deHilster can be contacted at (626) 796-2097 x5 or at [email protected] Make a comment CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday More Cool Stuff EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Name (required) Mail (required) (not be published) Website HerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeautyThe Real Truth About The Pain Caused By MicrobladingHerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeauty10 Questions To Start Conversation Way Better Than ‘How U Doing?’HerbeautyHerbeautyHerbeautyTop Important Things You Never Knew About MicrobladingHerbeautyHerbeauty
Related Articles About Author: Krista Franks Brock 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 Home / Daily Dose / BCFP May End ‘Proactive Oversight’ of Military Lenders Krista Franks Brock is a professional writer and editor who has covered the mortgage banking and default servicing sectors since 2011. Previously, she served as managing editor of DS News and Southern Distinction, a regional lifestyle publication. Her work has appeared in a variety of print and online publications, including Consumers Digest, Dallas Style and Design, DS News and DSNews.com, MReport and theMReport.com. She holds degrees in journalism and art from the University of Georgia. Share Save Print This Post Previous: FHA Provides Relief to Hurricane-Affected Homeowners Next: Delinquencies Remain Low But Household Debt Rises Data Provider Black Knight to Acquire Top of Mind 2 days ago BCFP May End ‘Proactive Oversight’ of Military Lenders Tagged with: BCFP Borrowers CFPB Homeowners Lenders Lending Military Sign up for DS News Daily Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Government, News Senate Democrats recently asked the Bureau of Consumer Financial Protection (BCFP) to reconsider its plans to discontinue its routine checks for violations of the Military Lending Act after an article by the New York Times reported that the agency was planning to suspend these routine checks. The Military Lending Act (MLA) was passed in 2006 and is aimed at preventing active-duty military members and their families from falling victim to predatory lending, financial fraud, and credit gouging. “The Trump administration is planning to suspend routine examinations of lenders for violations of the Military Lending Act,” the New York Times reported, adding that “Mick Mulvaney, the interim director of the Consumer Financial Protection Bureau, intends to scrap the use of so-called supervisory examinations of lenders.” According to the Times, Mulvaney said the “proactive oversight is not explicitly laid out in the legislation.”Public radio station, NPR, recently reported that the BCFP was planning to ask the Congress to give it express permission to do this active monitoring of lenders’ MLA compliance if that is what lawmakers intended. “That’s according to a draft document circulating within the bureau obtained by NPR,” the public radio station said. “It is unclear if Congress would do that to spur the CFPB to return to its previous level of enforcement.”In a statement to NPR, the bureau said that any changes to the MLA would be made “only if necessary and in a way that does not reduce the MLA protections afforded Service members and their families.”Instead of the current method of “proactive oversight,” the BCFP will rely on consumer complaints to identify and deal with violations of the Military Lending Act. Senate Democrats responded with a letter on Wednesday, signed by all 49 members. “The CFPB should not be abandoning its duty to protect our servicemembers and their families, and we seek your commitment that you will utilize all of the authorities available to the CFPB to ensure that servicemembers and their families continue to receive all of their MLA protections,” the Senators wrote.“In addition, for our service members, especially those who are deployed overseas facing hostile fire, it is unreasonable to place the burden of detecting and reporting MLA abuses on servicemembers, especially when they should be given every opportunity to focus squarely on their missions,” they said. The BCFP has returned $130 million to service members, veterans, and their families and received more than 72,000 complaints each year since the bureau’s founding in 2011. The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago BCFP Borrowers CFPB Homeowners Lenders Lending Military 2018-08-16 Krista Franks Brock The Best Markets For Residential Property Investors 2 days ago August 16, 2018 1,390 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago