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_imgClick HERE if you’re unable to view the gallery on your mobile device.CHARLOTTE, N.C. – The Warriors’ most unassuming star maintained it would not bother him if he missed the NBA All-Star game in five years. After all, Klay Thompson could either relax on a beach or catch up with his beloved dog, Rocco.Deep down, though, Thompson did not want to spend All-Star weekend that way. He wanted to stay in the gym. He did not want two shooting slumps this season to define him. He wanted to still be …last_img

first_img(Visited 17 times, 1 visits today)FacebookTwitterPinterestSave分享0 Who saved the Ebola-stricken doctor, God or science?  What is science’s take on whether to flee or fight terrorism?  Why should a scientist be honest?When scientists report news that intersects religion, they sometimes don’t know how to frame the questions.  Some examples point out the issues involved.Who saved Nancy Writebol?  Live Science reported the testimony of Nancy Writebol, the humanitarian worker stricken with Ebola in west Africa who survived when flown for treatment to Atlanta’s well-equipped hospital.  They quoted her own feelings about her recovery:“I just want to express first of all my appreciation to the lord [sic, Lord] for his grace, for his mercy, and for his saving of my life,” Writebol said.An earlier article on Live Science headlined that Dr. Kent Brantley, the other Ebola survivor flown to the Emory hospital from Africa, said “God saved my life.”  It was a “miraculous day,” he felt, when he walked out of the hospital after surviving the deadly disease.These articles led to lively comments about what saved them: God, medicine, or luck.  So far, about 1,700 Africans did not survive the disease, and only time will tell if Dr. Rick Sacra, at the time of this writing being flown to a hospital in Nebraska, survives.Maybe it’s not a question of which cause was the effective cause, but which combination of causes.  Writebol said,“I’m often asked what saved me,” Writebol said. “Was it the ZMapp, was it the supportive care? Was it the Liberian or U.S. medical people? Or was it your faith? And my answer to that question is all of the above.“Suffer or fight?  National Geographic reported on the quandary of Christians in Iraq deciding whether to fight the Islamic terrorists who threaten to exterminate them.  Having already suffered genocide-scale losses in their homeland (a Christian base for at least 1,600 years), they are opting to join forces with the Kurds:The Peshmerga are the official forces of the Kurdistan Regional Government [with whom some Christians are joining]. It is the first such action by Iraqi Christians since some Christians fought briefly alongside the Kurds against Saddam Hussein….“We keep talking about Jesus and peace, and now we’ve reached the point where it’s not enough,” he [Henry Sarkis, spokesman for the Assyrian Patriotic Party] said in an interview at his party’s headquarters in Dahuk. “The age of waiting for the Peshmerga to take back territory while we sit is over. We took the decision that, with our limited abilities, we will try to participate.“The decision marks a “significant shift” in the thinking of Iraqi Christians, who have largely been seen as “passive victims” of Islamic aggression since attacks against them starting increasing in 2003.  They want to be seen not as aggressors, but as protectors of their homeland.  “Before 2003, Iraq held about 1.5 million Christians. The number today is fewer than 500,000,” the article mentions.The value of Dad:  In “Dad is important for his children’s development,” Science Daily reports that “A sensitive and attentive father has a positive influence on his child’s development” — a headline that would agree with the Biblical view of the family.  But then the article qualifies the agreement, saying, “but only if he spends a considerable amount of time with the child during its first year, research shows.”  Does that mean his influence stops on the first birthday?  Is Dad free to leave after that?The Bible commands parents to bring up their children “in the nurture and admonition of the Lord” (Ephesians 6:4).  Fathers clearly have a vital role throughout their children’s life, even into adulthood, in both Jewish and Christian Scriptures; the book of Proverbs, for instance, contains lengthy admonitions from fathers to sons about illicit sex, something that would only be appropriate for sons in puberty years.  How could science say otherwise?  Does science even understand what is obvious to most parents?  One of the “researchers” said, “I was very surprised to find gender differences at such an early stage.”Does science “get” human exceptionalism?  Michael Balter in Science Now talks about the amazing fact that “Humans are generally highly cooperative and often impressively altruistic, quicker than any other animal species to help out strangers in need.”  He tries, though, to show that this behavior has roots in animal ancestry, rooting human altruism in things like “cooperative breeding” (or “it takes a village”) observed in some animals and birds.  He points to experiments with monkeys that appeared to show a relationship between cooperative breeding and willingness to help another monkey obtain food, but admits, “cooperative breeding may be only one of a number of explanations for why humans evolved altruistic, highly cooperative behavior.”  Another anthropologist cautioned that “it was not just one magic factor like cooperative breeding that made us what we are.”  Sarah Hrdy, inventor of the cooperative breeding hypothesis in the 1990s, though appreciating the new experiments, admits she is still at a loss to explain human uniqueness: “But we still have a long ways to go to explain why humans are so interested in the thoughts and feelings, intentions, and needs and desires of others.”When did it start?  Occasionally there are suggestions that human ancestors possessed “cognitive skills” farther back than previously thought.  One study presented in Science Daily suggested that the manufacture of stone-tipped spears by members of Homo some 500,000 years ago (long before modern humans or even Neanderthals were thought to have appeared) “may represent the origin of new cognitive and social development in our human ancestors.”  What kind of mutation would cause that?  Another highly-publicized finding suggests that Neanderthals had art (e.g., see BBC News for story and photo).  Clive Finlayson’s team found etchings on the floor of a Gibraltar cave that appear to show aesthetic leanings thousands of years before alleged “modern humans” could have taught them cave art classes.Thank science?  Can there be a science of gratitude?  Medical Xpress reports on a study that found that saying “thank you” goes beyond friendliness or appreciation; it “facilitates the initiation of new relationships among previously unacquainted people.”  That, however appears to be selfishness rather than genuine gratitude.  Can a scientist say anything beyond observing whether the mechanical saying of “thank you” results in differences in relationships?  How would those traits be encoded in the genes of gametes?Mend the mind:  Another report in Medical Xpress reports that “mindfulness-based depression therapy reduces health care visits.”  What is it? “Mindfulness-based cognitive therapy is a structured form of psychotherapy that combines elements of cognitive-behaviour therapy with mindfulness meditation,” the article says.  It’s usually administered in groups, and involves talking with patients as if you care for them, or prescribing meditation, rather than prescribing drugs, for instance.   This kind of therapy presupposes that minds are real, as opposed to the materialist view that behavior is just a phenomenon of the material brain.  While the results are interesting for acknowledging “mindfulness,” did the researchers ever consider sharing God’s grace and mercy as presented in the gospel of Christ with the depressed?  How would that rate?  How could it be measured?Thou shalt not lie in the lab:  Nature had two articles about the importance of integrity for science.  One was titled, “The cost of misconduct.”  Another, “Lies have consequences.”  Here’s the world’s premiere science journal getting a little “preachy” to its constituents.  Does science need any other of the Ten Commandments to function?  How about “Thou shalt not covet” thy neighbor’s priority or Nobel Prize?  or “Thou shalt not steal” thy colleague’s data?  What mutation built those behaviors into the hominid brain?Science needs all the commandments, starting with “Thou shalt have no other gods before Me.”  Boot the Darwin idol out the temple of science; let God be true, but every man a liar.  Theology doesn’t need science; science needs theology.  Science is actually intended to be a subset of the human responsibility as stewards of God’s creation.  That’s because stewardship requires understanding the natural world so as to care for it effectively to the glory of God.  Since the understanding was darkened by the Fall, it is corrupt in its motivations and goals, even though secular scientists bump into the truth once in awhile.  Without conscience and the image of God, humans would be dumb brutes caring nothing about understanding.  Science was born out of a Judeo-Christian world view, is coasting along on that world view, but is rapidly becoming brutish again as man relies on his own understanding.  One cannot get integrity out of material forces or unguided natural processes.last_img read more

first_img30 April 2010Airports Company South Africa has ordered two temporary terminals from Siemens for use at the airports in Port Elizabeth and Bloemfontein during the 2010 Fifa World Cup™.Siemens’ CapacityPlus is a system service from Siemens Mobility that provides all the necessary functions and modules for a fully equipped additional terminal in line with the standards of the International Air Transport Association (IATA).Players and spectators from all over the world are expected to attend the event, but not all of South Africa’s airports are designed to handle large numbers of passengers.A temporary solution is also far more preferable to increasing airport capacity on a permanent basis, when passenger numbers will drop back to normal following the event.“With CapacityPlus, airport operators can increase their handling capacity for a specific period at a low cost, enabling them to ensure reliable and swift handling of the additional passenger numbers anticipated in connection with major events,” Siemens said in a statement this week.IATA standardsEach terminal covers an area of 1 800 square metres and can handle up to 4 000 passengers a day.It provides all the necessary functions and modules for a fully equipped additional terminal in line with IATA standards, namely arrivals area with baggage claim, departures area with check-in counters and baggage conveyance system, electronic monitoring system for baggage and personal security checks.A waiting area, sanitary facilities, power supply and the facilities required for police, customs and first aid complete the range of modules on offer together with an option for shopping and restaurant areas.The system is also suitable for use by low-cost carriers, allowing them to react quickly and flexibly to fluctuating passenger numbers.Siemens installed a CapacityPlus terminal at Lisbon Airport in Portugal during the Euro 2004 football championship, as well as for the Asian Games in Qatar in December 2006.SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more

first_imgShare Facebook Twitter Google + LinkedIn Pinterest With the calendar now flipping to March, many farmers are waiting with great anticipation for Spring to arrive. Keith Summers of Leist Mercantile says one way to pass the time is to make sure you have all of your risk management bases covered before the Mach 15th deadline. The Ohio Ag Net’s Dale Minyo has more.last_img

first_img Leverage AI to work smarter. Thanks to the rise of companies like Amazon and Netflix, consumers expect flawless digital experiences at the click of a mouse. However, most companies don’t have the clout, savvy, or business know how to scale. DAM and CMS work together to provide seamless experiences that scale.Digital asset management systems (DAM) are becoming vital to success. Content management (CMS) has become a nightmare, requiring expert assistance or software. Your digital asset management systems and content management are both the key to your company productivity.Forty percent of consumers are turned off by poorly written content.About 30 percent get frustrated with bad design or awkward interfaces. And three in five of the consumers say these issues have to do with a brand. It is essential to keep track of and follow consumer trends that will reveal what current thoughts are on CMS and DAM.Personalization is key to better brand appeal with clients and customers. More than 50 percent of consumers say they are more likely to buy from a brand that personalizes its message to them. Non-personalized marketing campaigns see lower response rates.But for mid-sized businesses, offering a perfect experience to every customer, every time, is a real challenge.These companies don’t have the same marketing resources as their multi-billion dollar peers. Additionally, founders and employees at mid-sized organizations often wear many hats, making it difficult and time-consuming to deliver personalized experiences consistently.Luckily, mid-sized companies can scale content creation and delivery while still saving time and money. Investing in content management systems (CMS) and digital asset management (DAM) is a must.Content management systems developed alongside the internet.Maybe you are a new business blogger, but for those who have been in business for many years — a CMS is critical. Consider one early example — Blogger, a first adapter of providing a CMS service; this blog-publishing service debuted in 1999.CMS offers users a system to help them create, edit, organize and publish content on the web.Today, companies utilizing CMS can centralize the management and publishing of all content across channels, which helps streamline workflows. CMS also enables companies to access and deploy digital content simultaneously across platforms, and gauge the performance of their content in real-time.To access the right content at the right time, though, marketers need to couple their CMS with digital asset management software.Coupling helps companies quickly find and retrieve content, such as photos, videos, and logos, and then publish that content and track its performance.If you’ve ever used Google Drive to store and then post a video or share a file with a friend, you’ve used and shared digital asset management software. You will want a digital assets management system for your business.Some great examples of more substantial business or enterprise digital asset management systems look to:Adobe Experience Manager AssetsBynderCanto CloudinaryStylelabsWidenBrandfolderA few examples of popular content management systems would be:WordPressJoomlaDrupalMagento (for ecommerce stores)Squarespace WixHere are three ways DAM and CMS work together to provide seamless experiences that scale. Remote Working Culture: The Facts Business Owne… Tags:#AI#cms#content management#DAM#digital asset management#digital assets#website AI: How it’s Impacting Surveillance Data Storage How OKR’s Completely Transformed Our Culture Many mid-sized companies create and store content in silos.A campaign offer will differ slightly depending on whether consumers will view it on desktop, mobile, or Facebook. With the right CMS and DAM solutions, companies can centralize content creation and make updates across all channels simultaneously. Manually updating for each channel is no longer an option in this climate of entire business optimizations.Using both systems together can boost a company’s bottom line, as can what’s referred to as “asset reuse” when assets are reused across multiple engagements.Research shows that companies that don’t use DAM solutions spend over $44,000 more to manage assets. Conversely, when properly employed, DAM solutions can save companies close to $189,000 in just five years.Just look at Motorola. Before adopting a DAM solution, employees at the telecommunications company spent 20 minutes, on average, tracking down, converting, and disseminating each image they used. Employing a DAM solution to quickly locate these images saved the company $600,000.Today’s customers want efficient, personalized, digital experiences. Brands of all sizes can deliver. They just need a CMS — and they need to give a DAM. Increase productivity.center_img Role of Mobile App Analytics In-App Engagement Related Posts Save money. karthik muralidharan At firms that don’t use CMS, making changes to a website is difficult and time-consuming. Marketing department employees most likely can’t make these changes on their own. Request assistance from colleagues in the IT department and there’s no telling how long it might take.We all rely on IT and devs to handle all these requests. The simple fact remains, the IT teams are slammed with much more urgent priorities.With the right CMS, marketers can quickly implement website changes on their own, without relying on IT.As a result, marketers can push out new content and experiences much faster. A small digital optimization won’t cut it anymore. Reducing reliance on IT departments isn’t the only way to increase productivity.Consider how much work it currently takes to locate and reuse digital assets. Over 80 percent of companies say the most significant challenge they face when utilizing digital assets is simply tracking down that content.Watch blogging information by Morgan Quinn, a digital content manager. Quinn reports that brands that employ DAM solutions locate digital assets five times more quickly than their peers. Artificial intelligence can enhance the capabilities of DAM solutions, thereby giving mid-sized firms the ability to find and deliver content to large consumer segments quickly.“Smart tagging,” for example, uses machine learning and artificial intelligence to automatically tag videos and photos.With smart tagging, marketers don’t have to spend hours trying to organize content and come up with the best descriptions for them. Simply building AI into their DAM solution can provide a solution for them.Consider the story of Silicon Labs, a semiconductor equipment manufacturer with about $800 million in annual revenue. Silicon Labs deployed Adobe Experience Manager to tag and track 5,000 technical documents. This project also included the tagging and tracking of images and photos, their management, and the delivery of experiences.It used to take Silicon Labs a week to make changes to its website since marketers often had to wait for the IT department. Now, changes take just 20 minutes.Adopting a company-wide DAM solution and CMS to manage all your content may seem daunting, but the benefit for smaller firms is immense. Increasing efficiency and reducing time to publish marketing research and give critical insights in content provides new and exciting experiences. Silicon Labs is a prime example here, with its marketing team consisting of only three people.last_img read more

first_img“I think he’s not as powerful as advertised. He’s not heavy on the ground when he comes to pin, but he positions himself really well,” Banario, who was booted out early of World Lightweight Grand Prix following the loss, explained.“I think we’re even when it comes to jiu-jitsu. In my case I got caught in a crucifix. He has a great ground game, but it can be escaped from.”Sports Related Videospowered by AdSparcRead Next Lacson backs proposal to elect president and vice president in tandem Oil plant explodes in Pampanga town Justin Brownlee, Lamar Odom’s late 3 push Mighty Sports past Magnolia in tuneup Grace Poe files bill to protect govt teachers from malicious accusations PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss US judge bars Trump’s health insurance rule for immigrants View comments SEA Games hosting troubles anger Duterte Oil plant explodes in Pampanga town Don’t miss out on the latest news and information. ‘We are too hospitable,’ says Sotto amid SEA Games woes Photo by Tristan Tamayo/INQUIRER.netFilipino Honorio Banario couldn’t beat unbeaten American Lowen Tynanes last Friday, but the former ONE featherweight champion knows someone who could.Banario believes ONE lightweight champion Eduard Folayang would deal Tynanes his first defeat if the two end up meeting again down the road.ADVERTISEMENT “He (Tynanes) barely landed a punch on the feet. Should he fight Eduard Folayang again we must focus on wrestling defense,” Banario said. “He’s the same fighter who fought Folayang in 2012. He’s excellent, but may have already reached his full potential.”Tynanes stopped Folayang by TKO in the opening round back in 2012.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool starsBut Banario thinks the result will be different if Folayang and Tynanes figure in a rematch.Banario also took a first-round defeat to Tynanes last Friday in ONE: Hero’s Ascent at Mall of Asia Arena but he saw some things that could be exploited. Private companies step in to help SEA Games hosting MOST READ LATEST STORIESlast_img read more