Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Coronavirus Foreclosure 2020-05-29 Mike Albanese Sign up for DS News Daily Print This Post Iowa Gov. Kim Reynolds announced that home foreclosure and rent evictions moratoriums will not be extended, according to the Quad City Times. The Governor, instead, said a program will be established to provide financial assistance to borrowers in Iowa who have lost income or faced foreclosure eviction.Reynolds, according to the Quad City Times, had temporarily suspended foreclosures and rental evictions as a part of her administration’s responses to COVID-19. This was done to offset the closures of Iowa businesses, which caused unemployment levels to spike to record highs. This order expired on Wednesday.The report states the proposed program will be funded by federal money designed for pandemic response efforts by the Iowa Finance Authority—a state agency that operates housing assistance programs. Reynolds said she plans for the program to be operational by the end of the week. “We’ll take a look at the numbers and take a look at who qualifies, then we’ll set aside the appropriate amount of funding to meet the needs of Iowans during this really difficult time,” Reynolds said. “We’re just changing the parameters in which we’re providing the assurance that individuals aren’t thrown out of their homes in these really difficult times.”The Federal Housing Finance Agency (FHFA) announced in May that foreclosure and eviction moratoriums for loans backed by Fannie Mae and Freddie Mac have been extended to June 30. Deadlines were set to expire on May 17. “During this national health emergency, no one should be forced from their home,” said FHFA Director Dr. Mark A. Calabria. “Extending the foreclosure and eviction moratoriums protects homeowners and renters with an Enterprise-backed mortgage and provides certainty for families.”The FHA announced that it would halt all new foreclosure actions and suspend all foreclosure actions currently in process, excluding legally vacant or abandoned properties. Also, the Administration will cease all evictions of persons from FHA-insured Single Family properties, excluding actions to evict occupants of legally vacant or abandoned properties.“We made it clear at the beginning of this pandemic that no American should have to worry about losing their home amidst a crisis. Today’s announcement ensures that commitment,” said U.S. Department of Housing and Urban Development (HUD) Secretary Dr. Benjamin Carson. “While we have made great strides in fighting this virus, the fact remains that many Americans are still struggling as we work diligently to get our economy back on sound footing, which I have full confidence we will do through the leadership of the President.” Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Coronavirus Foreclosure Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles The Best Markets For Residential Property Investors 2 days ago Share Save The Best Markets For Residential Property Investors 2 days ago About Author: Mike Albanese Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: The Week Ahead: Will Forbearance Volumes Continue to Flatten? Next: Communities Face an Active Hurricane Season Amidst COVID-19 Home / Daily Dose / Iowa Gov.: Foreclosure Moratoriums Will Not be Extended Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago May 29, 2020 1,662 Views in Daily Dose, Featured, Foreclosure, News Iowa Gov.: Foreclosure Moratoriums Will Not be Extended Subscribe
Topics : The total number of cases in the region has risen to 58,168 from 32,442 on March 26, the WHO said, on a day when global COVID-19 cases crossed the 1 million mark.One of the countries worst affected by conflict is Yemen, where the World Bank said on Thursday it would provide $26.9 million in emergency funding to help the WHO and local authorities improve capacity for detecting, containing and treating the coronavirus.Yemen has not confirmed any coronavirus cases but is seen as especially vulnerable because a five-year conflict has brought its health system to the brink of collapse.It has already been struggling with overlapping infectious diseases including cholera, diphtheria and dengue fever, and large numbers of people have been displaced by the war.About 24 million out of a population of 29 million need humanitarian assistance. There are no doctors in 18% of the country’s districts, most healthcare workers have not been paid for at least two years, and COVID-19 testing kits are available for just 600 people, according to the World Bank.”The epidemic does pose unique public health risks in Yemen … given the already weak health system and the high vulnerability among the population,” said Marina Wes, the bank’s country director. Governments in the Middle East need to act fast to limit the spread of the coronavirus after cases rose to nearly 60,000, almost double their level a week earlier, the World Health Organization (WHO) said on Thursday.”New cases have been reported in some of the most vulnerable countries with fragile health systems,” said Ahmed Al-Mandhari, the WHO’s director for the Eastern Mediterranean region, which includes Pakistan, Afghanistan, Somalia and Djibouti, as well as Middle Eastern states.”Even in countries with stronger heath systems, we have seen a worrying spike in the numbers of cases and deaths reported,” he said in a statement. Outside of Iran, which has reported just over 50,000 cases, confirmed coronavirus numbers have been relatively low in the Middle East compared to Europe, the United States and Asia.But health officials fear that cases of the highly contagious respiratory illness caused by the virus are under-reported and that many countries with weak governments and health systems eroded by conflict will struggle to cope.”I cannot stress enough the urgency of the situation,” said Mandhari. “The increasing numbers of cases show that transmission is rapidly occurring at local and community levels.””We still have a window of opportunity, but this window is slowly closing day by day,” he added.
“With the experience of Kelly (Williams), Ryan (Reyes) and Jayson (Castro), they were able to come back,” Garcia said.The do-or-die duel is on Friday at Smart Araneta Coliseum with the Painters looking to reassert their mastery over the KaTropa, whom they blew out by 32 points in the eliminations last month. Read Next Racela keeps faith in TNT import Joshua Smith PLAY LIST 00:51Racela keeps faith in TNT import Joshua Smith02:19PBA Season 43 Preview: TNT Katropa34:34PBA Women’s 3×3 – April 01, 201601:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games LATEST STORIES Brace for potentially devastating typhoon approaching PH – NDRRMC “We just extended the series. I told the players it’s all about who wants it more on the defensive side,” said ROS head coach Caloy Garcia after his team survived a 20-3 run by TNT in the final frame.Norwood anchored Rain or Shine’s defense against TNT’s prolific import Glen Rice Jr., who shot 8-of-28 from the field to finish with only 19 points and 10 rebounds with six turnovers.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutRice struggled but remained aggressive. His two free throws and dunk over Raymond Almazan pushed the KaTropa within three, 105-102, with 30.2 seconds left.Norwood hit a free throw after that for a four-point cushion and Rain or Shine was able to make a stop as time ran out. Frontrow holds fun run to raise funds for young cancer patients LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary Kammuri turning to super typhoon less likely but possible — Pagasa Don’t miss out on the latest news and information. Fire hits houses in Mandaluyong City E.T. returns to earth, reunites with grown-up Elliott in new ad PBA IMAGESRain or Shine blew a big fourth quarter lead before holding off TNT, 106-102, to setup a rubber match for a slot in the 2017 PBA Governors’ Cup semifinals Wednesday at Mall of Asia Arena.J’Nathan Bullock had game-highs 31 points and 15 rebounds while Gabe Norwood made his presence felt on both ends of the floor with 15 points, nine rebounds, six assists, two steals and a block for the Elasto Painters.ADVERTISEMENT BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight MOST READ Fajardo on pace for another PBA MVP award Nonong Araneta re-elected as PFF president View comments
About the authorFreddie TaylorShare the loveHave your say Jones expecting imminent decision on Stoke futureby Freddie Taylor24 days agoSend to a friendShare the loveNathan Jones expects Stoke City to clarify his position imminently.The club have two points from nine games and los 3-2 to Nottingham Forest on Friday night.Jones has been at the club since January but has been unable to turn around their fortunes.He said to reporters about his position: “If results don’t improve, I fully expect a decision to be made on my future. I fully expect it and I have no argument about it, absolutely not.”If I’m honest, if this wasn’t such the club that it was, and has the owners it has, I would’ve been gone a while ago because my results haven’t been good enough and I know that.”I’m under no illusions, just as I knew in my previous job I was not untouchable, but, I was in a very secure position because my win rate was 55 per cent and we’d been promoted and we’d changed everything about it.”We’ve changed a lot here but we haven’t got results and that’s the be-all and end-all. So trust me, I fully expect if I don’t get results in the next few games that a decision will be made on my future.”
Election manifestos of political parties contesting the ongoing Lok Sabha elections seem to have one thing in common. None of them, including nationally present BJP and Congress, produced an economic manifesto, clearly specifying economic goals that will push industrial investment, create new employment and income for millions of the country’s unemployed youths in the coming five years. Domestic industrial investments witnessed a downtrend for almost seven consecutive years. Imports are galloping. The last five years saw a very week export growth compared to the previous 10 years. Imports are taking away domestic jobs. None of the major political parties seems to have plans to tackle it. New project investments have been the lowest in 12 quarters at about Rs 1 lakh crore for the quarter ended December 31, 2018, data from the Centre for Monitoring Indian Economy (CMIE) showed. This number is the lowest in 14 years, since mid-2004. Economic manifestos are practically blank on such matters. Also Read – A special kind of bondBJP’s election manifesto, promising investment of Rs 100-lakh crore in infrastructure over the next five years and pension to marginal farmers seem to be over-ambitious. Experts say that the promises if implemented would have a huge impact on the country’s exchequer. The slowdown in several economic indicators adds the scepticism towards the actual implementation of such decisions. The party’s Rs 100-lakh crore investment resolution by 2014 in the infrastructure sector raised eyebrows in many quarters. Also Read – Insider threat managementExpressing astonishment over the promised investment, N R Bhanumurthy, professor at National Institute of Public Finance and Policy, said that it is unrealistic as the amount is over 50 per cent of the country’s current GDP. Former chief statistician Pronab Sen said that the political parties do not actually tend to spend the money they promise in manifestos. During the budget presentation, they would come out with more pragmatic proposals. BJP reiterated its promise to double farm income by 2022, extend PM-KISAN scheme to all farmers, and give pension for small and marginal farmers. The ‘Sankalpit Bharat, Sashakt Bharat’, also pledged an investment of Rs 25-lakh crore to improve productivity in the farm sector. The Congress party’s economic manifesto is equally ambitious and unclear. The biggest takeaways from the manifesto are Congress’s flagship scheme NYAY that promises to eliminate poverty by 2030 and gives assurance to fill 22-lakh job vacancies within the government to boost employment. Few will disagree that the government is over-employed. A substantial portion of the government’s expenditure is now spent on administrative expenses, including massive salaries and perks to employees and payments towards pensions. Why does it want to further burden the government and its budget expenditure by filling up 22-lakh job vacancies? Why not expand industry and trade and minimise imports? Why talk of 2030, when the next government’s life ends in May 2024? A key focus of NYAY (Nyuntam Aay Yojana), according to Congress president Rahul Gandhi, is: “Garibi pe war, saal me 72,000 hazar (War on poverty, Rs 72,000 per year)”. The party has promised to create a new ministry of industry, services and employment in its bid to underline the link between the growth of the industry and services sectors and rapid creation of jobs. Congress has also promised to create 10 lakh jobs in gram sabhas. But, it is silent on how to pay for these jobs and the benefits they will bring to taxpayers. Few political parties had undertaken any serious background research on what ails the economy, reasons behind the slowdown in industrial investment, impact of new technologies such as artificial intelligence (AI), robotic process automation (RPA), IoT, blockchain, digitisation and machine learning on India’s industry and the future job market. More importantly, there is no mention of how the next ruling political party wishes to exploit India’s attractive consumption-oriented market with the high growth of the middle-class and rising disposable income. According to NRI Consulting, an affiliate of Japanese major Nomura Holdings, only 15 per cent of what is consumed in India is made by its domestic manufacturing industry, limiting the country’s ability to create employment opportunities. It said that micro, small and medium enterprises (MSME), if nurtured well, can bridge the gap and create 10 million jobs in the next 4-5 years. “This could be done by following a market-oriented approach for MSMEs, wherein organised private sector participants invest in capacity building of the MSMEs against a valid for-profit business case with long term benefits,” the research firm said in a note on the Indian market, amid the political debate on jobs and joblessness. The MSME sector remained the highest job provider creating almost 36 million jobs, which was about 70 per cent in the entire manufacturing sector in 2017-18. “A deep dive into product groups manufactured in various clusters in India suggests that a dedicated focus on developing these MSMEs can create additional 7.5 to10 million employment opportunities in the next 4-5 years through partial substitution of imports,” Japan-based NRI Consulting said. However, not many in the BJP-led government seem to have any idea about the time it should take to make the so-called ‘Make-in-India’ drive successful and productive. Reckless imports of consumer goods and industrial products — from steel, automotive tyres to consumer electronics — have turned many of our MSMEs sick. For a specific instance, India’s top three homegrown mobile phone makers posted an accelerated fall in revenue in FY18, accounting for less than a quarter of the sales value generated by their Chinese rivals, Registrar of Companies filings show. India’s poll-bound political parties may not be interested in such details for preparation of their economic manifestos. Marketing unemployment ‘doles’ appears to be easier, catchier and a more favourable option than creating viable employment opportunities. Wish political parties questioned why India’s industrial growth fell to its lowest in 20 months last February. (The views expressed are strictly personal)
Can’t cool off this summer? Heat waves can slow us down in ways we may not realize.New research suggests heat stress can muddle our thinking, making simple math a little harder to do.”There’s evidence that our brains are susceptible to temperature abnormalities,” says Joe Allen, co-director of the Center for Climate, Health and the Global Environment at Harvard University. And as the climate changes, temperatures spike and heat waves are more frequent.To learn more about how the heat influences young, healthy adults, Allen and his colleagues studied college students living in dorms during a summer heat wave in Boston.Half of the students lived in buildings with central AC, where the indoor air temperature averaged 71 degrees. The other half lived in dorms with no AC, where air temperatures averaged almost 80 degrees.”In the morning, when they woke up, we pushed tests out to their cellphones,” explains Allen. The students took two tests a day for 12 consecutive days.One test, which included basic addition and subtraction, measured cognitive speed and memory. A second test assessed attention and processing speed.”We found that the students who were in the non-air-conditioned buildings actually had slower reaction times: 13 percent lower performance on basic arithmetic tests, and nearly a 10 percent reduction in the number of correct responses per minute,” Allen explains.The results, published in PLOS Medicine, may come as a surprise. “I think it’s a little bit akin to the frog in the boiling water,” Allen says. There’s a “slow, steady — largely imperceptible — rise in temperature, and you don’t realize it’s having an impact on you.”The findings add to a growing body of evidence that documents the effect of heat on mental performance, both in schools and workplaces.For instance, a 2006 study from researchers at the Lawrence Berkeley National Lab found that when office temperatures rise above the mid-70s, workers’ performance begins to drop off. Researchers reviewed multiple studies that evaluated performance on common office tasks. The study found that worker productivity is highest at about 72 degrees. When temperatures exceeded the mid-80s, worker productivity decreased by about 9 percent.Another, more recent study compared worker performance in green-certified buildings and typical office buildings. They found a dip in cognitive function linked to conditions in the indoor environment, including higher indoor temperatures and poor lighting.And, when it comes to performance in the classroom, a study funded by the Harvard Environmental Economics Program finds that taking a standardized test on a very hot day is linked to poorer performance. The study includes an analysis of test scores from students in New York City who take a series of high-school exams called the Regents Exams.The author, R. Jisung Park, assistant professor at the University of California, Los Angeles, writes that compared with a 72-degree day, “taking an exam on a 90◦F day leads to a 10.9 percent lower likelihood of passing a particular subject (e.g. Algebra), which in turn affects probability of graduation.”There’s still a lot to learn about how our brains and bodies respond to heat. “We all tend to think we can compensate, we can do just fine” during heat waves says Allen. But he says the “evidence shows that the indoor temperature can have a dramatic impact on our ability to be productive and learn.” Copyright 2018 NPR. To see more, visit http://www.npr.org/.