Share Save in Daily Dose, Featured, News, Print Features The Best Markets For Residential Property Investors 2 days ago Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Previous: FHFA Making Structural Changes Next: The Week Ahead: Insight Into Mortgage Performance About Author: David Wharton Demand Propels Home Prices Upward 2 days ago January 31, 2020 2,330 Views The Best Markets For Residential Property Investors 2 days ago Opportunities in Collateral Risk Management Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago At Fannie Mae, Jacob Williamson is responsible for oversight and management of all end-to-end collateral capabilities. These duties include front-end collateral policy design, property valuations, collateral valuation process modernization, and real estate. In the real estate space, Williamson is responsible for various foreclosure and REO functions, including short sales, foreclosure sale strategy, eviction/redemption oversight, mortgage release/rental operations, property preservation/inspections, repairs, closing/title, HOA/tax management, REO sales, and REO auctions.He is also responsible for performance management of the real estate agents, appraisers, and vendors. Williamson’s career with Fannie Mae stretches back nearly 14 years.Williamson has served on the DS News Editorial Advisory Board (EAB) since 2019. As a new recurring feature in 2020, we’ll be bringing you conversations with our EAB leadership—the industry professionals who help shapethe topics, content, and direction of DS News.What are your biggest takeaways and focuses as we leave 2019 behind and enter the new year?“Opportunity” is the word I would use to describe where we are, both for Fannie Mae and as an industry. When you look at the available technology and data and how much things have advanced, we’re really just scratching the surface on what we could do in the future. There are a couple of areas that I see as ripe with potential. One is around the valuation process and the technology that’s being used to capture data, whether that’s 3D scans or GIS data sources. All of this is becoming more available, and more in a state where we can use it, and that will be invaluable in understanding intimately what a property is worth and what it can sell for.A second area of opportunity is with the digitization of the mortgage itself. Whether it’s electronically obtaining bank statements or examining credit attributes, all of that data is becoming more available in a way that we can really capitalize on it.What priorities are you focused on as you plan your team’s goals?I work in the collateral risk management area, so I’m all about the property and managing the risks associated with the real estate process. As a collateral risk management team, we have a few key objectives.First, how do we do a better job of assessing risk with the collateral in the origination process? How do we improve quality and improve our overall risk evaluation increasing certainty around the value and the eligibility of the property? Continuously improving our risk management helps to support safety and soundness – that’s good for Fannie Mae and the industry.Second, we want to continue to improve our own valuation process. At Fannie Mae, we utilize appraisers and real estate agents to help us assess the value and price of our properties whether it’s in consideration of a short sale offer, an REO that we own and manage directly, or to help us determine whether we feel comfortable with a foreclosure bid value or cancellation of mortgage insurance. We have a team of folks that work in these processes where their primary focus is to review and reconcile values, and our goal is to improve value accuracy while also minimizing process and product costs.Lastly, we want to continue to improve our delinquent loan and REO decisioning. We want to improve how we determine appropriate strike prices and marketing decisions (e.g., whether to rehab or sell as is) all while maintaining our commitment to neighborhood stabilization and our preference to sell to owner occupants and first-time homebuyers.Are there any technologies that you think hold particular potential as far as capturing and tracking property data?I’m very excited about how attainable some of the technology solutions are becoming. 3D scans are a good example. When this technology was first introduced, it was an approximately $4,000 camera on a tripod. It took you maybe 30-60 minutes to complete a scan of a property. You had to leave the room while the camera completed its full 360 view, or you had to follow it around the tripod.Now, you can buy spherical cameras (a flat device that captures 180 degrees on both sides of the device instantly so there is no rotation) for less than $500, and many industry players are starting to build those software capabilities directly into smartphones.Technology is moving so quickly and I’m excited that it’s becoming more scalable, easier to use, and less expensive. Technology innovations not only help us better manage risk, but ultimately a more digital property valuation process will help everyone in the mortgage ecosystem improve its part of the process and give borrowers a great experience.As technology advances, what are the challenges of integrating it into legacy systems, or making the decision to upgrade or replace those systems?That’s a great question, and one, quite frankly, that we struggle with. Do you invest in your old legacy technology and keep it up as much as you can? The exciting thing about the cloud and the use of APIs is that it changes the data environment in a way that you don’t necessarily have to sync the old technology. As long as it’s in a digital cloud version, you can access it anywhere and with any systems.It’s sometimes a challenge to get your old systems onto the cloud, and to modify your old systems in a way that you can hit it through APIs. But I think once you do that, this allows all these technology solutions to scale very quickly.What are the milestones and accomplishments you’d like your team to have hit by this time next year?I want us to be perceived as a team that focuses on process improvement, on the leading edge of technology, and as a partner to the many groups we work with to improve and innovate the mortgage and real estate processes. When we unfortunately have to acquire a property through foreclosure, I also want our team to be viewed as the best asset management company especially in how we preserve, rehab, and sell our properties, and protect and enhance their associated neighborhoods.When I look at our Collateral Risk teams, these types of potential milestones and accomplishments are very motivating, and our teams are up to the challenge. Tagged with: EAB Fannie Mae Law The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Opportunities in Collateral Risk Management 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] EAB Fannie Mae Law 2020-01-31 David Wharton Sign up for DS News Daily Subscribe
Legal setback for coal industry on federal leases in Montana and Wyoming FacebookTwitterLinkedInEmailPrint分享Associated Press:A federal judge in Montana has given the Trump administration until late 2019 to analyze reductions to mining in the nation’s most productive coal fields as a way to fight climate change.The order from U.S. District Judge Brian Morris, issued Tuesday, applies to the Powder River Basin of Montana and Wyoming. The region supplies about 40 percent of the nation’s coal, much of it from massive strip mines on public lands.The case involves a challenge by environmentalists of U.S. Bureau of Land Management plans issued in 2015 to lease more than 10 billion tons of coal in the region. The plans also guide the leasing of oil and gas.Morris turned down a request from environmentalists to halt new energy lease sales until the climate change review is completed. However, each individual lease issued will have to go through a review similar to the one Morris required for the region as a whole.Government officials had argued unsuccessfully that climate change could be addressed at individual mines rather than across the region.The delay affects 223 parcels comprising more than 160 square miles (414 square kilometers) of public and private lands in eastern Montana.Coal mined from the Powder River Basin and burned in power plants is responsible for 13 percent of all U.S. greenhouse gas emissions, according to the Natural Resources Defense Council.Coal lease sales in the region slowed considerably over the past decade as demand for the fuel declined.Since his election with a strongly pro-fossil fuels agenda, President Donald Trump has sought to boost the industry. That’s included lifting a moratorium on new lease sales from public lands imposed during the Obama administration over concerns about climate change.A ruling in September by the U.S. 10th Circuit Court of Appeals in Denver cast doubt on a longstanding U.S. government argument that blocking leasing of federal coal reserves wouldn’t affect climate change because the coal could simply be mined elsewhere.More: Judge: US must weigh cutbacks in top coal region by late ’19
Oh you deadly Hemorrhagic, Ebola! Voyaged from way Central Africa,Pour quoi tous est la?So early 10 lives your strange death had escortedFor what job done are you now hailing yourself?No matter how resolved with your plot you are against us,Very soon you no more again will toil this death bellEbola, do you even think you can quit our handshakes?Or away take our communal friendship as their myth say?Firmly our fists are fixed against you.If our medicine fails our prayer won’t doUntil no longer will your stain a soul hateFor in Him secured is our fate—-Pour quoi tous est la: In French means why are you here? Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
Mandy Ramdsen at the top of the world. Mandy RamsdenMEDIA CONTACTS• Adventure Consultants+64 3 443 [email protected] from US: 1 866 757 8722RELATED ARTICLES• SA woman goes for Seven Summits• The adventure starts here• Wartrail – a winter wonderland• Hiking the dragon’s back• The Tour de Kruger – a wild rideFiona McIntoshAt 07h45 on 22 May 2010, Mandy Ramsden was on top of the world. Literally. The South African mountaineer had just reached the 8 848-metre summit of Mount Everest. And she had plenty to be excited about. Not only is she now the second South African woman to climb Everest, she is also the first South African – indeed, African – woman to have climbed the Seven Summits, the highest peaks on each of the world’s seven continents.The first South African woman to climb Everest was Cathy O’Dowd, who reached the top on Ian Woodall’s controversial first South African Everest expedition in 1996, during which cameraman Bruce Herrod died. O’Dowd went on to climb Everest from the north side in 1999, becoming the first woman in the world to summit from both sides.Ramsden, a Zimbabwe-born single mother of four, has been working to claim the Seven Summits for five years. Since conquering Africa’s Mount Kilimanjaro in 2006, she has ticked off Mount Elbrus in Europe (2006), Aconcagua in South America (2006), Carstenz Pyramid (Puncak Jaya) in Australasia/Oceania 2007, Denali (Mount McKinley) in North America (2008), Vinson Massif in Antarctica (2009) and now the Big E.A perfect summitEverything went perfectly for the Adventure Consultants team, led by veteran New Zealand guide Mike Roberts and made up of Ramsden, fellow South African Tony Hampson-Tindale and Irishman James Haydock. After a stay down the valley in the village of Periche, enjoying the oxygen-rich air of the lower altitude and recovering from their acclimatisation programme, the team moved back to base camp on 11 May.Waiting for the weather window that would allow them to start the climb, the team focused on their preparation, visualising the climb ahead, fitting and testing their oxygen masks and regulators, familiarising themselves with the process of changing oxygen bottles, and experimenting with various combinations of headgear and warm clothing. Finally, on 19 May, they got the green light and made their way up through the Khumbu Icefall for the last time.On 21 May the team arrived at their final camp on the South Col, at 7 935 metres less than a thousand metres short of the summit. After a few hours rest and rehydration Ramsden and team leader Roberts left the South Col at 22h00. Although it was snowing lightly they could see the stars above – conditions looked good.They radioed in at the Balcony, roughly the half-way point in terms of height gain, and then made their way along the snowy southeast ridge to the South Summit Rocks, reaching the South Summit as dawn was breaking. After changing their oxygen bottles they were ready for the final push. At 06h00 the first team member, James Haydock, stood on the summit. Roberts and Ramsden, accompanied by Pemba Choti, on his sixth summit and Passang Bhote, on his third, topped out just under two hours later.Record-breakersOn the summit with them was another new record holder: Jordan Romero, a 13-year-old American from Big Bear, California, and the youngest to ever climb Everest. Romera, climbing with his father and three sherpa guides, climbed the mountain’s northeast ridge from Tibet because China has no age restrictions for Everest climbers. Those attempting to climb the south side from Nepal must be a minimum of 16 years old. The previous record for the youngest summiteer was held by Temba Tshering of Nepal, who summited at the age of 16 in 2001.After the obligatory photo shots in her South African-made Cape Storm ASR high altitude down suit, Ramsden and the rest of the Adventure Consultants team returned to the South Col for the night, before descending to Camp 2 the next day. They awoke to falling snow the next morning but, undeterred, were the first team to leave camp and begin the strenuous task of trail-breaking down to base camp. They are all now safely back at the camp, refreshed, clean, well fed – and celebrating.South Africans on the mountainIt was a good climbing season for South African mountaineers on Everest. A day after Ramsden stood on the world’s highest peak, five members of the South African Adventure Dynamics team, and team leader Sean Disney, summited from Everest’s north side. It was a particularly poignant occasion for Disney and team member Vaughan de la Harpe, both also Seven Summiteers – exactly four years ago they summited Everest from the south side.Three climbers from the Adventures Global team, led by South African Ronnie Muhl and comprising both South Africans and Australians, summited on 23 May with two more reaching the top on the 24th. Muhl himself, who had climbed Everest from the north side in 2007, decided to turn back before the summit.To date 424 climbers have summited Everest in 2010, with two fatalities. A new record for the number of ascents was set by the 50-year-old Apa Sherpa, leader of Eco Everest Expedition 2010, who now has 20 summits under his belt.How high is Mount Everest?China and Nepal have finally agreed that the height of world’s highest mountain is 8 848 metres – the height of its summit snows. The Chinese previously argued that it should be measured by its rock height, 8 844 metres.That said, the mountain is growing taller all the time, thanks to the collision of tectonic plates, so they might both be wrong. In May 1999 an American team used GPS technology to record a height of 8 850 metres. This figure is now used by the US National Geographic Society, although it has not been officially accepted by Nepal.
DURHAM, NC – FEBRUARY 7: A general view of the North Carolina Tar Heels and the Duke University Blue Devils tip off at center court to begin their game on February 7, 2007 at Cameron Indoor Stadium in Durham, North Carolina. North Carolina won 79-73.(Photo by Grant Halverson/Getty Images)Former Duke star J.J. Redick is back in Durham this week, and worked out at the team’s facility yesterday. He’s back out there today, and shooting like he used to do for the Blue Devils, according to the Duke basketball Twitter account. All-time Duke scoring leader @JJRedick shooting 92% unofficially in this workout. The guy can’t miss. #DukeFam pic.twitter.com/qH5Bg6imDZ— Duke Basketball (@dukeblueplanet) September 15, 2015Crazy to think that Redick is entering his 10th NBA season. Time flies.
APTN National NewsA shift in federal money could soon leave many on the streets.Recently, Ottawa’s only Aboriginal homeless drop-in centre received notice that it’s losing funding.But it’s not the only one affected, other centres will soon be forced to shut their doors.On Wednesday night, community members met with politicians to share their concerns.APTN’s Annette Francis has this story.
“How many wells we drill, how many rigs we bring in and how many plants are built, ultimately depends on the natural gas prices, on pipeline ability, and market conditions. Our plans for right now is to go from one rig, right now, to two rigs within next year and building to five to six rigs by 2022”.During the presentation, Deyell talks about how PETRONAS Canada is going to monetize the North Montney. According to the company, the resource size in the North Montney is currently at 63 trillion cubic feet. The company says the current plan shows they are developing only 15 percent of that resource and 7 tcf of that resource will be sent west to the LNG Canada project in Kitimat.By 2022, PETRONAS is aiming to spend a total of $1 billion in investments on the production projects in Fort St. John and the surrounding area. The President and CEO of PETRONAS Canada, Mark Fitzgerald, was scheduled to present at the conference but was unable to attend due to poor travel conditions.On Fitzgerald’s behalf, Liz Hannah and Nicole Deyell presented and talked about the plans the company has for the area.Hannah, Vice President of External Affairs and Communications for PETRONAS says the company is committed to the well-being of the community.“We’re very focused on making sure that it’s not just what we do, but it’s also how we do it. So we are very focused on making sure that we are going to be the kind of neighbour that you want in your backyard for a very long time to come.”From 2016 to 2018, the company halted all new drilling activity due to continued natural gas prices and spent that time revising their strategy.Nicole Deyell, Vice President of Development and Unconventional Centre of Excellence for PETRONAS, says the company is happy to announce the return of drilling operations to the area. “We’re very happy to announce that in October we brought back a drilling rig. We started drilling in the Town area, an eight-well pad, and we’ve actually finished three of those wells already, and we expect to have most of the pad, but not all of them, drilled this year.”Deyell also says that PETRONAS Canada has started the work to build two new gas plants in the Fort St. John area and that the projects will be done based on a steady increase in activity.“We’ve also started the work to build two new gas plants in the Town area and those will both tie-in to the main line when it comes online late next year, and then the following segment comes on in the following year. What you’ll see from us is a slow, steady increase in activity as we drill the wells for production in a measured way.”As for the number of wells to be drilled, Deyell says it all depends on market conditions. FORT ST. JOHN, B.C. – The Fort St. John Chamber of Commerce hosted an evening with PETRONAS Canada.The evening allowed members of the community to hear a company update and the projected activity near Fort St. John and the surrounding area.The company recently changed their name from Progress Energy to PETRONAS Canada to better reflect with the parent company’s values and commitment to the Country.
“I couldn’t hear anything,” he said. “Emotions were flying, and words can’t even describe how good that felt.” After suffering a rough first half, which included a pass interference call that led to a second PSU score, Torrence sought to redeem himself in the second half. The Buckeyes made adjustments at halftime to get back in the game. So did Torrence. “I just told myself, ‘I am just going to be more aggressive, and if you all throw anything into these flats or try and run any type of screens, it’s going to be a wrap for you,’” he said. “That was just my halftime adjustment for myself.” It worked. After senior captain Brian Rolle challenged his fellow defensive teammates on the sideline to make a big play, Torrence delivered. “That was big,” Rolle said. “I remember before that telling all the guys, ‘Who wants it? Who wants to be great?’ Sure enough, he picked the ball off and ran it back, and I told him, ‘That’s how you be great.’” The interception deflated the sinking Penn State offense and proved to be the difference in the game. Torrence’s score gave the Bucks a three-point lead, one they would not relinquish. “Those kinds of plays take games over,” said defensive tackle Dexter Larimore. “It hurts their offense and quarterback … It was big for momentum change. Tonight those made the difference.” One play. That’s all it takes to change the course of a game. The Penn State Nittany Lions realized that Saturday as they saw their 14-3 halftime lead quickly turn to a 38-14 pummeling by the No. 9-ranked Ohio State Buckeyes. With the Nittany Lions trailing by four points midway through the third quarter, it appeared that momentum was shifting toward the Buckeyes. Cornerback Devon Torrence helped continue the shift. Facing a second-and-nine from their own 37-yard line, Nittany Lions quarterback Matt McGloin dropped back to pass. As he fired short to his left, Torrence made a break for the ball and came away with it. “I just saw it and just jumped it,” Torrence said. “I think it was maybe a low throw and I had to kind of tip it to myself to put it into position for me to catch it.” Tipping the McGloin pass twice before securing the ball and returning it 34 yards for the go-ahead touchdown, Torrence turned a docile crowd of 105,466 into one of pure pandemonium in a matter of seconds.
Liverpool boss Jurgen Klopp warned that Fabinho may require six months before he can show his best formThe Brazilian midfielder has only had under a minute of competitive action for the Reds after coming on as a substitute in the 3-2 win over Paris Saint-Germain last week in the Champions League.But Fabinho is expected to make his full debut for tonight’s Carabao Cup clash with Chelsea.“It’s not different between him and other players. It’s really not complicated, he just needs to get used to it,” Klopp told the club website.“It’s about positioning, it’s about reaction, about spaces defensively, closing them, offensively using them.“It’s a football team with a specific way of playing. It needs time, and they were all used to other football teams.Virgil van Dijk praises Roberto Firmino after Liverpool’s win Andrew Smyth – September 14, 2019 Virgil van Dijk hailed team-mate Roberto Firmino after coming off the bench to inspire Liverpool to a 3-1 comeback win against Newcastle United.“So you have natural runs in a team. Like, let me say, a very famous movement here was Phillip Coutinho. Half left, [cut] inside, nice shot!“For this one, you needed somebody to overlap and make it difficult to defend, so that one defender at least is busy.“Things like that explain it. It’s completely normal. There’s no time to say, ‘I give you that, or that’, but it will happen. Because the game is so quick and intense, it needs to get natural.“It’s not about changing these players, we want their football personality. They are here because of what they did.“Three or five weeks sound like a long time in football, but to improve something you can give half a year, to really make the next step. That’s it.”