first_img About Author: Brian Honea  Print This Post CFPB CFPB Director Richard Cordray Consumer Financial Protection Bureau PHH Corp. 2015-06-04 Brian Honea Governmental Measures Target Expanded Access to Affordable Housing 2 days ago June 4, 2015 1,676 Views CFPB Fines PHH Corp. $109 Million For Mortgage Insurance Kickback Scheme in Daily Dose, Featured, Government, News Tagged with: CFPB CFPB Director Richard Cordray Consumer Financial Protection Bureau PHH Corp. Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago 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. center_img Previous: Single-Family Rental Market Experiencing Shift Toward South and Midwest Next: DS News Webcast: Friday 6/4/2015 Consumer Financial Protection Bureau (CFPB) Director Richard Cordray announced his decision Thursday in the first-ever appeal of an administrative enforcement proceeding by the Bureau, according to a press release from the CFPB.Cordray ruled that New Jersey-based mortgage lender PHH Corp. accepted kickbacks for illegally referring consumers to mortgage insurers. In addition to Cordray’s ruling, a final order was issued that requires the lender to obey the law and to pay $109 million to the CFPB.Administrative Law Judge Cameron Eliot stated in a Recommended Decision in November 2014 that PHH took kickbacks in the form of reinsurance premiums paid to a PHH subsidiary by mortgage insurers, a violation of the Real Estate Settlement Procedures Act (RESPA). The mortgage loans in question closed on or after July 21, 2008, according to CFPB. PHH is alleged to have begun accepting the kickback payments as early as 1995.Whereas Eliot’s decision stated that PHH’s RESPA violations were connected to loans closing on or after July 21, 2008, Cordray went beyond that ruling by saying that PHH was in violation of RESPA for every kickback payment the company accepted after that date.The Bureau first announced the administrative proceeding against PHH in January 2014 seeking a civil fine, a permanent injunction to prevent future violations, and victim restitution. The $109 million penalty handed down by Cordray on Thursday is the amount of reinsurance premiums PHH received on or after July 21, 2008, even if the loans closed prior to that date, according to the CFPB.In addition to the fine, Cordray’s final order prohibits PHH from violating the RESPA provision forbidding kickbacks and also prohibits the company from referring consumers to a real estate services provider if the provider has agreed to make any purchase from PHH as a result of that referral, the CFPB said.Cordray denied the appeal filed by PHH and its affiliates and granted in part and denied in part an appeal filed by the Bureau’s enforcement counsel, according to the CFPB.In response to Cordray’s announcement of the penalties, PHH issued the following statement: “We strongly disagree with the decision of the Director. We believe this decision is inconsistent with the facts and is not in accord with well-settled legal principles and interpretations. We continue to believe we complied with RESPA and other laws applicable to our mortgage reinsurance activities. The company did not provide reinsurance on loans originated after 2009. We intend to file an appeal to the United States Court of Appeals. While there can be no assurances as to the final outcome of any such appeal, we believe our appeal will be successful and, as a result, are not adjusting our previously issued earnings guidance.”To read the full text of Cordray’s decision issued Thursday, click here. For a copy of the initial CFPB enforcement action against PHH, click here. To view a copy of the final order, click here. Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Share Save The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / CFPB Fines PHH Corp. $109 Million For Mortgage Insurance Kickback Scheme Demand Propels Home Prices Upward 2 days ago Subscribelast_img read more

first_imgHome / Daily Dose / Who are the Industry’s Top Leaders? The Best Markets For Residential Property Investors 2 days ago Who are the Industry’s Top Leaders? Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post The Best Markets For Residential Property Investors 2 days ago December 6, 2018 3,944 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Radhika Ojha The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: Default Servicing DS News Editor-in-Chief HOUSING leaders mortgage MReport Publisher Rachel Williams Share Save Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. 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 Previous: 2019 Trends in Real Estate Investments Next: Breaking Away From the Negative Equity Trap Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Related Articles Following its inaugural Top 25 Companies to Work list that was published in November, MReport, the sister publication of DS News, is now calling for nominations for its list of Top 25 Industry Leaders. The winners will be announced in the February issue of the magazine. Companies can send their nominations by filling out a simple survey by January 11, 2019 to recognize individuals within their organization whose subject matter expertise, charisma, or even the way they have gone above and beyond to help the team, an employee, or even someone outside the company, make them stand out in a crowd.The list will serve as a premier platform to highlight the achievements of individuals in the mortgage and housing industries who are leading by example and helping their teams and companies think outside the box to help shape and evolve the industry’s path forward.“MReport’s Top 25 Industry Leaders list will celebrate individuals whose unique perspectives are strengthening the industry’s future,” said Rachel Williams, Editor-in-Chief of MReport. “This list will honor leaders who have worked tirelessly and led by example to strengthen their teams and companies in a constantly changing market environment.”Industry experience, noteworthy awards, charity initiatives that the individual is associated with, achievements, and their styles of managing individuals and teams are just some of the factors that will be considered for individuals to make this list. Whether it is mentoring employees, an experience beyond the industry that contributes to the individual’s effectiveness now, or a mindset that’s bent towards continuous learning and accepting constructive criticism are some of the traits that will be looked at in the selection process of these individual leaders.By filling the online survey below, companies have the chance to give a shout-out to individuals who are making a positive difference in the industry and supporting the American Dream of Homeownership.Click here to nominate an individual you look up to in your company. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Default Servicing DS News Editor-in-Chief HOUSING leaders mortgage MReport Publisher Rachel Williams 2018-12-06 Radhika Ojha in Daily Dose, Featured, News Subscribelast_img read more

first_imgFacebook919Tweet0Pin0Submitted by Olympia Farmers MarketOn Thursday, April 4, the Olympia Farmers Market will celebrate the opening of its 44th season with bell ringing, entertainment and vendor specials.Beginning on Thursday, April 4, the market will operate “High Season” and will be open Thursday through Sunday from 10:00 a.m. to 3:00 p.m.Though the Olympia Farmers Market has been open on Saturdays through the winter months, April marks the beginning of the growing season with even more vendors offering, local vegetables, Washington grown fruit, prepared food, artisan crafts, with 8 restaurants, set to live music in a family-friendly atmosphere.WHAT — The Olympia Farmers 44th Season Opening DayWHEN —Thursday, April 4 at 10:00 a.m. Bell ringing by Sam Gibboney, Executive Director at the Port of Olympia.WHERE — 700 Capitol Way NFOR MORE INFO —Main Office [email protected] or call (360) 352-9096.ABOUT THE OLYMPIA FARMERS MARKET: In operation since 1975, the Olympia Farmers Market is home to over 80 vendors from around South Puget Sound. In the 152 days of our market season, we see approximately 400,000 visitors.We have a dedicated staff, comprised of two managers and a committed Board of Directors. Our mission is to promote and encourage the development of local, small-scale agriculture and ensure a dynamic market balance for small, local growers and others to make available their products to residents of this community. We are proud to be an active component of the Olympia community for 40 plus years. Centrally located on the waterfront of downtown Olympia, in close proximity to the Hands on Children’s Museum and WET Science Center,  area residents & visitors can enjoy local produce, fresh fruit, artisan crafts, baked goods, meat & dairy, with eight restaurants, all set to daily live music.last_img read more

first_imgMOST READ Nadine Lustre’s phone stolen in Brazil Renowned for his power punching having knocked out all 20 of the opponents in his professional career, Joshua said fans might see a different side to him on Saturday.“Boxing is not just about brute strength, it’s about finesse and technique,” he said. “So you’re going to see some real class skills in there.”The fighters were addressing a crowd of about 4,000 people at the weigh-in at Motorpoint Arena in a rainy Cardiff.A New Zealander with Samoan heritage, Parker entered the stage to a few jeers, moments after supporters welcomed him with a New Zealand haka and a Samoan siva.Parker looked like he meant business, whereas Joshua was all smiles as he high-fived some fans on his walk to the stage.ADVERTISEMENT Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Parker, the WBO champion, weighed 236 pounds, nine pounds lighter than his last fight against Hughie Fury in September.“I feel better,” said Joshua, who hasn’t been this light for a world title fight. “When I put this weight into the real thing, I’ll be a lot sharper and my reactions and timing will be better.”FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownAfter the stare-down, Parker and Joshua shook hands and briefly chatted on the stage.“We’re both going to be moving well,” Parker said, “and throwing big bombs.” In Liverpool, Man United sees the pain and path to recovery LATEST STORIES Cabuyao City rising above the ashes through volunteerism Don’t miss out on the latest news and information. Around 78,000 fans are expected at the nearby Principality Stadium for the fight between two unbeaten world champions.Sports Related Videospowered by AdSparcRead Next Scarlett Johansson, Sterling K. Brown among SAG Awards presenters Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Filipino-Canadian forward Matthew Daves commits to Ateneo Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’ Conor McGregor seeks to emerge from controversy in UFC comeback Recto seeks to establish Taal rehab body to aid community, eruption victims Jiro Manio arrested for stabbing man in Marikina Britain’s Anthony Joshua, left, and New Zealand’s Joseph Parker during the weigh in, at Cardiff’s Motorpoint Arena on Friday March 30, 2018, ahead of their world heavyweight unification title fight on Saturday. (Nick Potts/PA via AP)CARDIFF, Wales — Anthony Joshua and Joseph Parker have shed the pounds (kilograms) for their world heavyweight unification title fight on Saturday.At a weigh-in on Friday where both fighters showed respect for each other, WBA and IBF titleholder Joshua tipped the scales at 242 pounds (110kg) — 12 pounds lighter than for his most recent fight against Carlos Takam in October.ADVERTISEMENT View commentslast_img read more

first_imgThe decapitated body of a Delhi University lecturer was found on the railway track at Sarai Rohilla, while his mother was found hanging from a ceiling fan at their flat in Pitampura, the police said on Sunday.Allen Stanley, 27, who hailed from Kottayam in Kerala, was found dead on Saturday. Earlier that day, his mother Lissy, 55, was found hanging at their Ashiana Apartment flat, her mouth stuffed with cloth.According to the police, Stanley did his graduation from St. Stephen’s College and master’s from Hyderabad Central University. He was pursuing his Ph.D from IIT-Delhi and had joined St. Stephen’s College over a year ago as an ad hoc Philosophy teacher.“We suspect Stanley committed suicide after killing his mother. However, no suicide note was recovered from Stanley’s body, but a note written in Malayalam was found in the flat. The bodies have been sent for post-mortem. We are probing the case from all angles,” said a senior police officer.Murder case registeredPolice registered a murder case at the Rani Bagh police station after they found his mother dead in the flat.Stanley had been living in Delhi for five years and his mother came to stay with him seven months ago. They were depressed because of an abetment-to-suicide case pending against them in Kerala, and both were on anticipatory bail.“For the past six months, Stanley and his mother were facing legal battles over a property dispute and an investigation regarding the suicide of Stanley’s step-father,” said a close friend who wished not to be named.“After Stanley’s father passed away two years ago, his mother married again. Some seven months ago, his step-father committed suicide at his Kottayam house. Aunty was at her mother’s place in Thodupuzha village in Idukki district while Stanley was in Delhi,” he said. “The relatives of the step-father tried to cover up the death. But later, his mother got to know that it was a suicide and that her husband had left the property in their name. Upon learning this, the relatives filed a complaint against the mother-son duo,” he added.Suicide prevention helpline: Sanjivini: Society for Mental Health, Telephone: 011-4076 9002, Monday-Saturday, 10 a.m. -7.30 p.m.last_img read more

first_imgThe ability to look for goal scoring opportunities is what sets a striker apart. Sunil Chhetri’s header in the stoppage time in the first half against Syria in the opening match of the Nehru Cup exemplifies that point.The striker’s goal and substitute Anthony Pereira’s long ranger gave India a 2-1 victory over Syria on a rain soaked evening on Wednesday. Syria pulled a goal back in the 92 nd minute through Alaa Alshbli.The sparse crowd at the Jawaharlal Nehru Stadium did its best to cheer the Chhetri-led team but the Syrians matched them for every move. There was a stoppage of 15 minutes because of poor visibility due to heavy downpour but it is something the Delhi crowd is used to as the World Cup qualifier against the UAE last year was also played in similar conditions.Despite little assistance from the midfield, Chhetri was always on the ball and had his first look on the goal in the 10th minute but his snap shot went just wide. The Syrians responded by stitching a few good moves and did not allow the Indian midfielders to settle down.Debutant Sanju Pradhan made some moves down the right flank and on one such occasion found Chhetri, though the striker failed to control the ball.There was a flurry of moves from the Syrians and they made good use of the flanks. Hani Altayar came close in the 20th minute when an aerial ball found its way in the ‘box’ but Raju Gaikwad and Subrata Paul averted any danger.advertisementAlthough the players had difficulty in passing the ball, the Syrians had most of the scoring opportunities in the first half. Syria almost took the lead as Hani headed the ball towards goal in the 38th minute, but Subrata stopped it.The 15-minute stoppage proved lucky for India as Clifford Miranda went past the defenders down the left flank in the 40th minute and sent a cross. It was, however, cleared by the Syrian defence. Miranda’s efforts bore fruit after seven minutes as he went past a defender to find an unmarked Chhetri, who made no mistake in heading home from close range.In the second half, Syria made a few changes and started with an attacking intent. The Indians defended and made sporadic forays in the rival half by putting long balls to Chhetri, who was tightly marked by the Syrian defence.Slushy field meant that the players would lunge for every ball and the match saw a lot of fouls being committed. Uzbek referee Tseylin V was forced to dish out the yellow cards four times.India’s strategy in the second was hard to decipher as the players were hardly able to build moves. Deploying a 4-4-1-1 formation in the first half and later 4-5-1 in the second half, Chhetri was the lone man upfront and Pradhan had to be substituted in the 70th minute as coach Wim Koevermans looked for variety in his attack.The Syrians used their superior physical built to dictate terms in the midfield but the profligacy of their strikers let them down.The fact that goal-keeper Subrata Paul was also shown the yellow card shows that the Indians were a bit edgy.However, Pereira’s strike in the 84th minute eased the tension in the Indian camp.India coach Wim Koevermans praised the performance of his boys, saying that the conditions forced him to adapt a different strategy in the second half.”We started the game brightly and were good for the first 20-25 minutes. Rain had a huge influence on the game and passing the ball was risky. But the team defended extremely well and the goal we conceded was a momentary lapse of concentration. But we are improving,” said Koevermans.Today’s match: Maldives vs Nepal, 7 pm, Live on NEO Primelast_img read more

first_imgD'Angelo Russell's shot clark vs. Arizona is ugly.Before Ohio State’s NCAA Tournament Third Round game against Arizona, Buckeyes’ star guard D’Angelo Russell was asked about the defenders he’s faced this year. “Who’s the best defender you’ve faced this season?” the reporter asked. “Nobody,” Russell replied. The question was asked because of the team Russell was about to face, a team that has a couple of great defenders in Rondae Hollis-Jefferson and T.J. McConnell. Those defenders gave Russell trouble Saturday evening, as he shot a dreadful 3-for-19 from the field in the Buckeyes’ loss to the Wildcats. Russell refused to give a specific Arizona player credit following the win, though. Just asked Russell who the best defender he’s faced this year: “Nobody.”— Ari Wasserman (@AriWasserman) March 22, 2015That’s obviously a bit of sour grapes from the star freshman, but he deserves to be a little frustrated following what probably is going to be his final game as a college player. Ohio State fans are certainly going to miss him.last_img read more

first_imgTina House APTN National NewsA new documentary called The Grizzly Truth has been released.The documentary highlights the controversy surrounding the grizzly bear hunt that takes place twice a year on the Northwest coast of British [email protected]last_img

first_imgCALGARY – WestJet Airlines Ltd. says Swoop, its new ultra-low-cost carrier, will launch on June 20.The airline will begin with six weekly flights between Abbotsford, B.C., and Hamilton, and six weekly flights between Hamilton and Halifax.Swoop will add six weekly flights between Hamilton and Edmonton and between Hamilton and Winnipeg on June 25.Service between Abbotsford and Edmonton will begin July 25 with three flights a day. The airline will have a total of 45 weekly flights.WestJet announced plans for the no-frills discount airline last year.last_img

first_img SearchSearch inCandidateDistrict AreaVotesElected CandidateDistrict AreaVotesElected Nicole SoontiensRural Area of Dawson Creek89 Travis JonesRural Area of Dawson Creek115X Darcy HearttRural Area of Dawson Creek95 Kim EricksonRural Area of Dawson Creek110 Chad AndersonRural Area of Dawson Creek222X Tamara ZiemerDawson Creek1071X Andelina SchurmannDawson Creek819 Jennifer LalondeDawson Creek1108X Andrea SmithChetwynd220 Crystal HilltonChetwynd360X Jessica FairfulChetwynd79 Becky BortonChetwynd364X Roxanne GulickTumbler RidgeX Jennifer Lalonde and Tamara Ziemer were elected in Electoral Area III, while Angelina Schurmann was not elected.In Electoral Area IV, newcomers Chad Anderson and Travis Jones were elected to those two seats. Incumbent Nicole Soontiens was not re-elected, and neither was Darcy Heartt or Kim Erickson. School District 59center_img DAWSON CREEK, B.C. – Here are the school trustee election results for School District 59.Incumbent Electoral Area I trustee Crystal Hillton was re-elected, along with newcomer Becky Borton. Incumbent trustee Andrea Smith lost her re-election bid, along with Jessica Fairful.Roxanne Gulick was acclaimed in Electoral Area II, which represents the Tumbler Ridge area.last_img read more