Fannie Mae’s Book of Business Declines in Q1

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Book of Business Delinquency Fannie Mae Gross Mortgage Portfolio 2014-05-05 Krista Franks Brock Sign up for DS News Daily Subscribe Fannie Mae’s Book of Business Declines in Q1 Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Fannie Mae’s book of business declined for the first three months of this year, ending the first quarter with a monthly compound annualized rate of -1.8 percent. Over the first quarter, the GSE’s book of business declined at a compound annualized rate of 2.2 percent.The last time Fannie Mae’s book increased in size was in November, when it grew 0.1 percent on a compound annualized basis.Fannie’s gross mortgage portfolio has also been on the decline over the first three months of this year, though at a much slower rate in March than in the first two months of the year.After declining at a compound annualized rate of 21.9 percent in January and 21.0 percent in February, Fannie’s gross mortgage portfolio posted a decline rate of 8.9 percent in March.Fannie Mae’s new business acquisitions in March totaled $26.5 billion. Year-to-date, new business acquisitions at the GSE total $86.6 billion.As of March, total mortgage-backed securities and other guarantees at Fannie Mae reached $2.8 trillion.Delinquencies among single-family and multifamily mortgages at the GSE declined in March. Single-family delinquencies declined from 2.27 percent to 2.19 percent in March, while multifamily delinquencies came down slightly from 0.11 percent to 0.10 percent.Both rates are also down from last year when the single-family delinquency rate was 3.02 percent and the multifamily delinquency rate was 0.39 percent. Fannie Mae modified 12,642 loans in March, bringing the year-to-date total to 36,044. Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Fannie Mae’s Book of Business Declines in Q1 Share Save Krista Franks Brock is a professional writer and editor who has covered the mortgage banking and default servicing sectors since 2011. Previously, she served as managing editor of DS News and Southern Distinction, a regional lifestyle publication. Her work has appeared in a variety of print and online publications, including Consumers Digest, Dallas Style and Design, DS News and DSNews.com, MReport and theMReport.com. She holds degrees in journalism and art from the University of Georgia. Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Book of Business Delinquency Fannie Mae Gross Mortgage Portfoliocenter_img Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago About Author: Krista Franks Brock May 5, 2014 706 Views Previous: Former Bank of America CFO Barred for 18 Months Next: Personal Income Strong in March Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Government, Headlines, Newslast_img read more

U.S. Homebuyers Have Become More Diversified

first_img  Print This Post About Author: Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Homebuyers Housing Market Millennials The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago September 11, 2015 1,153 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Homebuyers Housing Market Millennials 2015-09-11 Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / U.S. Homebuyers Have Become More Diversifiedcenter_img 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. Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: U.S. Sen. Brown Calls for Action Against ‘Zombie Debts’ on Credit Reports Next: JJL Process Introduces New Process Serving Innovations With an ever-increasing number of foreign-born homebuyers, a higher share of single female home buyers, and more double-income, no kids buyers than ever before, the U.S. homebuyer has become quite diversified, according to a report from John Burns Real Estate Consulting on Thursday.Citing a recent report from the National Association of Realtors, Burns pointed out that single women were almost twice as likely to buy a home as single men (16 percent of homes sold went to single women, compared to 9 percent for men) and the gap widens even further after the age of 50. Meanwhile, 65 percent of homebuyers do not have children; 73 percent of homebuyers were couples (65 percent married, 8 percent unmarried) and 11 percent of homebuyers were foreign-born. Burns stated that since “foreign born buyers are less prone to purchase, foreign purchases are heavily skewed to those born in the 1970s. Seventeen percent of buyers aged 35–49 are foreign born—nearly double the percentage of any other age cohort.”Millennials or generation Y (age 35 and under), which is the demographic many analysts have said will be critical for the future health of the housing market, comprised 32 percent of all buyers – the largest share of homebuyers for any age group. Baby boomers made up 31 percent of homebuyers and generation X made up 27 percent; the “Silent Generation” (those born between the 1920s and 1940s) made up 10 percent of buyers. About 68 percent of buyers under the age of 35 were first-time buyers, many of which chose a new home so as to avoid the problems associated with renovation.”Without FHA financing and a recovering mortgage insurance industry, this buyer would be almost extinct.”Burns noted that younger homebuyers place more emphasis on convenience than on affordability, further proof that the millennial generation values its time more than members of previous generations when they were the same age. The biggest hurdle to homeownership for younger buyers was the down payment; 63 percent of buyers under 35 put 10 percent or less down on a home, while 45 percent of young buyers put 5 percent or less down on a home.”Without FHA financing and a recovering mortgage insurance industry, this buyer would be almost extinct,” Burns said.About 54 percent of young buyers cited student debt as the biggest obstacle to saving for a down payment, Burns noted, pointing out that an estimated 414,000 fewer homes were sold in 2014 than would have been sold if the student debt levels were the same as they had been in 2005.”Urban homes and homes closer to work have appreciated much faster, which our consulting team has verified in markets across the country,” Burns wrote. “High-LTV programs have played a huge role in the housing recovery. All of these factors combine to create great opportunities for entrepreneurs who understand their local markets and can respond to these increases in demand that cannot be met by the resale market.”Click here to view the NAR’s entire report. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Share Save in Daily Dose, Featured, Market Studies, News U.S. Homebuyers Have Become More Diversified Sign up for DS News Daily Subscribelast_img read more

Monitor: Ocwen Failed Four Metrics in Compliance Test for Second Half of 2014

first_imgHome / Daily Dose / Monitor: Ocwen Failed Four Metrics in Compliance Test for Second Half of 2014 Governmental Measures Target Expanded Access to Affordable Housing 2 days ago October 22, 2015 5,165 Views Servicers Navigate the Post-Pandemic World 2 days ago About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Ocwen Financial Corporation failed four metrics and was deemed to have failed seven others in an independent settlement monitor’s review of the servicer’s entire residential mortgage loan portfolio covering the second half of 2014, according to the monitor’s report filed with the U.S. Court for the District of Columbia on Thursday.Joseph A. Smith, Jr., monitor of the National Mortgage Settlement (NMS), found in his report—the first one on Ocwen’s entire loan portfolio—that the Atlanta-based mortgage servicer had failed four metrics on the compliance test for the testing period of Q3 and Q4 for 2014: Pre-foreclosure Initiation Notification Letters, Fee Adherence to Guidance, Short Sale Document Collection Timeline Compliance, and Loan Modification Denial Notice Disclosures.“Ocwen still has work to do,” Smith said. “I anticipate that Ocwen will complete its corrective actions later this year or in early 2016. I will report the results of my reviews in my next report, which will also cover compliance for the first and second quarters of 2015.”In addition to those four failed metrics, Smith and Ocwen agreed that seven metrics with timeline requirements would be deemed failures under Ocwen’s Global Corrective Action Plan (CAP) to address the issue of erroneously dated correspondence to borrowers during Q3 2014. Those six metrics are: Third-party Vendor Management, Loan Modification Document Collection Timeline Compliance (5-day letter), Loan Modification Decision/Notification Timeline Compliance, Short Sale Decision Timeline Compliance, Short Sale Document Collection Timeline Compliance, Dual Track Failure to Postpone Foreclosure Compliance, and Loan Modification Process. In all, 10 metrics are subject to CAPs after Q4 2014, according to Smith’s report. The erroneously dated notices resulted in Ocwen reaching a $150 million settlement with the New York Department of Financial Services in December 2014.“The Monitor’s report confirms continued confidence by the OMSO (Office of Settlement Mortgage Oversight) in the changes we have made to our Internal Review Group function, the qualifications and process around our metrics testing, and discusses our state of compliance with the National Mortgage Settlement,” Ocwen spokesman John Lovallo said in an email to DS News. “The specific metrics mentioned in this report are from the third and fourth quarters of 2014, and not a reflection of our current operations. They have all been addressed with Corrective Action Plans approved by OMSO and implemented by Ocwen in 2015. We also note that the Monitor’s report specifically discusses that Ocwen has cured its potential violation regarding termination of lender-placed insurance and passed that metric during the cure period in the fourth quarter of 2014.“Ocwen is committed to being fully compliant with all rules and regulations related to our business, and we continue to invest in our risk and compliance management systems.”—Ocwen spokesman John Lovallo“Ocwen is committed to being fully compliant with all rules and regulations related to our business, and we continue to invest in our risk and compliance management systems. We will continue to work closely with the Monitor and look forward to the next report.”In his previous report on Ocwen’s compliance with the NMS, which was issued on August 11, Smith said he had concluded his year-plus long investigation of Ocwen’s Internal Review Group (IRG) with the determination that issues surrounding the IRG had been “sufficiently addressed.” Smith and his team launched an investigation in May 2014 after hearing from an employee about “serious deficiencies in Ocwen’s internal review group process” and issues relating to erroneously dated foreclosure notices to about 7,000 borrowers, which Ocwen blamed on computer errors.In that same August report, Smith confirmed that Ocwen has provided more than $881 million in consumer relief to 8,861 borrowers through first-lien mortgage modifications as of December 31, 2014. Under the terms of the NMS, Ocwen is obligated to pay $2 billion in consumer relief.Click here for more information on Smith’s report released Thursday. Subscribe in Daily Dose, Featured, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 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. Tagged with: Compliance National Mortgage Settlement Ocwen Financial Settlements Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Sign up for DS News Daily Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles Compliance National Mortgage Settlement Ocwen Financial Settlements 2015-10-22 Brian Honea Monitor: Ocwen Failed Four Metrics in Compliance Test for Second Half of 2014 Previous: Arch Mortgage Insurance Introduces Risk-Based Pricing Program Next: Mortgage Industry Harmed by Increased Regulation, Survey Findslast_img read more

Can Education Costs Spur More Foreclosures?

first_img Previous: Where Immigrants are Buying Next: The Ripple Effect of Rising Home Prices November 23, 2018 5,081 Views About Author: David Wharton Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago DS News Asks Foreclosures Student Debt Student Loans Video Spotlight 2018-11-23 David Wharton Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Can Education Costs Spur More Foreclosures? 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] in Daily Dose, Featured, Foreclosure, Market Studies, Media, News Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img  Print This Post Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Share Save Subscribe Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Can Education Costs Spur More Foreclosures? Tagged with: DS News Asks Foreclosures Student Debt Student Loans Video Spotlight According to the Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit, U.S. student loan debt increased by $37 billion in Q3, up to a total of $1.44 trillion total as of September 30. A recent LendingTree analysis found that the median debt balance for millennials living in the 50 biggest U.S. cities is $23,064. This massive financial burden must inevitably send ripples out through the larger economy, but is there a correlation between higher education costs and the rate of foreclosures?That’s the question on deck in the video below, the first installment of our DS News Asks video series. For this inaugural installment, sponsored by Auction.com, DS News looks at a recent study from the journal Demography, which analyzed the potential impact of families with children seeking higher education on the rate of foreclosures. What did they find? Click play on the video below to find out … The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Mortgage Industry Impact: Employment Rate Declines

first_img The unemployment rate declined to 3.5% in September, according to the latest jobs report from the U.S. Department of Labor, while average hourly earnings for all employees on private nonfarm payrolls were little changed at $28.09. Doug Duncan, Chief Economist at Fannie Mae, discussed what this month’s numbers indicate.“Today’s jobs report is consistent with our outlook of a gradually slowing growth path,” Duncan said in a statement. “The household survey was generally positive, with the unemployment rate falling to the lowest level in nearly five decades and labor force participation holding steady. However, some of the underlying details paint a mixed picture.”“The report does little to clarify the divergent views on the Federal Reserve about whether the economy is slowing or not, but we continue to believe the Fed will cut rates this quarter due to trade uncertainties and weak manufacturing data,” Duncan adds.According to First American Deputy Chief Economist Odeta Kushi, September Jobs report signaled  good news for the economy, labor force and consumer buying power, citing unemployment’s drop to a five-decade low““The prime-age labor force participation rate, one of the primary indicators for the health of the labor market, is up 0.8 percentage points compared to one year ago,” Kushi stated. “This means more jobs and wage growth may be on the way, and is another positive sign for the health of the overall economy.”“However, the prime-age labor force participation must continue to rise for wage growth to continue its upward trend,” she adds. “While the prime-age labor force participation rate remains below the 2007 level and the long-run trend, if we see continued growth to 83%, it could push wage growth (for all production and nonsupervisory employees on private nonfarm payrolls) to as high as 3.8%.”  Print This Post Home / Daily Dose / Mortgage Industry Impact: Employment Rate Declines Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago October 4, 2019 1,531 Views Share Save Demand Propels Home Prices Upward 2 days ago Mortgage Industry Impact: Employment Rate Declines in Daily Dose, Featured, Market Studies, News The Best Markets For Residential Property Investors 2 days agocenter_img Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Previous: Helping Homeowners Through Foreclosure Reform Next: National Lender and Servicer Announces Executive Changes Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Employment Jobs The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Employment Jobs 2019-10-04 Seth Welborn Subscribelast_img read more

Home Flippers Cash in as Market Slides

first_img Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com. Sign up for DS News Daily While the pandemic turned lives upside down nationwide over the past year, the 2020 U.S. Home Flipping Report from ATTOM Data Solutions found that 241,630 single-family homes and condos in the U.S. were flipped in 2020, down 13.1% year-over-year from 2019 to the lowest point since 2016. ATTOM reported that the number of homes flipped in 2020 totaled 5.9% of all home sales in the nation during the year, down from 6.3% in 2019 to the same percentage seen in 2018.”Last year was a banner year for the U.S. housing market, with the apparent exception of the home-flipping business, which saw its fortunes slide a bit more in 2020,” said Todd Teta, Chief Product Officer at ATTOM Data Solutions. “Home flippers did still make a nice profit on investments that generally take around six months to turn around—just not as much as they did in the previous few years. It’s too early to know if that small slide was a sign of weakness in the broader housing market or just a bump in the road. We will know much more as we gauge other key market metrics in the coming months.”While flipping activity slid, gross profits and profit margins shifted in opposite directions, with profits rising in 2020, but profit margins dipped, the third consecutive year that returns on investments declined. Homes flipped in 2020 typically generated a gross profit of $66,300 nationwide (the difference between the median sales price and the median amount originally paid by investors), up 6.6% from $62,188 in 2019 to the highest point since at least 2005. But the typical gross flipping profit of $66,300 translated into just a 40.5% return-on-investment (ROI) compared to the original acquisition price. The 2020 ROI was off more than 10 percentage points from peaks over the past decade in 2016 and 2017. The 2020 figure also stood at the lowest point since 2011.Some of the biggest markets hit by the decline in flipping were found in the South and West regions, led by San Antonio, Texas (rate down 27.3%); Tuscaloosa, Alabama (down 25.7%); Santa Rosa, California (down 24.8%); Brownsville, Texas (down 24.1%) and Houston (down 22%).On the “flip” side, home flipping rates increased from 2019 to 2020 in 72 metro areas with the largest annual increases in Norwich, Connecticut (up 38.2%); Hartford, Connecticut (up 31.1%); Boulder, Colorado (up 29%); Albuquerque, New Mexico (up 26.9%); and Anchorage, Alaska (up 26.2%).Those looking to profit off the flipping market found the largest gross profits in the major metros of San Jose ($274,000); San Francisco ($171,000); Manhattan, N.Y. ($152,000); Los Angeles ($151,500); and San Diego ($147,750). The lowest gross-flipping profits among metro areas with a population of at least 1 million included Raleigh, North Carolina ($30,000); Houston ($37,174); San Antonio ($39,867); Las Vegas ($45,600); and Charlotte, North Carolina ($46,000).Click here to read more about ATTOM’s 2020 U.S. Home Flipping Report. Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 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  Print This Post About Author: Eric C. Peck The Best Markets For Residential Property Investors 2 days ago Home Flippers Cash in as Market Slides Tagged with: ATTOM Data Solutions Home Flipping House Flipping return-on-investment (ROI) Todd Teta in Daily Dose, Featured, Journal, News The Best Markets For Residential Property Investors 2 days agocenter_img Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Home Flippers Cash in as Market Slides Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Demand Propels Home Prices Upward 2 days ago Previous: Forbearance Activity Dips Below 2.6M—a First Since April Next: The No. 1 Way to Win a Bidding War March 19, 2021 1,478 Views Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles ATTOM Data Solutions Home Flipping House Flipping return-on-investment (ROI) Todd Teta 2021-03-19 Eric C. Pecklast_img read more

Public meeting to be held in Letterkenny tonight on threat to childcare services

first_img A public meeting is taking place in Letterkenny tonight to discuss the threat of removal of funding for childcare support services in Donegal.A number of public representatives are expected to attend the meeting, which is being organised in the Clanree Hotel at 7 o’clock by the Donegal Childcare Providers’ Network.Spokesperson Patricia Fitzpatrick is urging parents and community representitives to attend what she says will be a very important meeting………..[podcast]http://www.highlandradio.com/wp-content/uploads/2012/06/child1.mp3[/podcast] WhatsApp Google+ Google+ Minister McConalogue says he is working to improve fishing quota Facebook Pinterest News Guidelines for reopening of hospitality sector published Twitter Public meeting to be held in Letterkenny tonight on threat to childcare services LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton center_img WhatsApp Twitter Facebook RELATED ARTICLESMORE FROM AUTHOR Calls for maternity restrictions to be lifted at LUH By News Highland – June 11, 2012 Pinterest Previous article21-year-old appears in Derry Court charged with Magerafelt robbery and assaultNext articleTornado spotted above Sliabh Sneacht in Inishowen today News Highland Almost 10,000 appointments cancelled in Saolta Hospital Group this week Need for issues with Mica redress scheme to be addressed raised in Seanad also last_img read more

DUP Alderman is the new Mayor of Derry

first_imgNewsx Adverts Facebook Pinterest 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report DUP Alderman is the new Mayor of Derry Google+ Previous articleFullerton memorial to be unveiled this weekendNext articleFlights cancelled at City of Derry Airport News Highland RELATED ARTICLESMORE FROM AUTHOR By News Highland – May 24, 2011 Twitter LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton The DUP’s Alderman Maurice Devenney has been elected the new mayor of Derry.The 52-year-old father of two received the chain of office at Derry City Council’s AGM last night.He replaces the SDLP’s Colum Eastwood who, at 27,became the youngest person to hold the position in June of last year.Sinn Fein’s Kevin Campbell has been elected deputy mayor.Mr Devenney told Highland Radio News this afternoon that he is looking forward to the busy year ahead…..[podcast]http://www.highlandradio.com/wp-content/uploads/2011/05/maur1pm.mp3[/podcast]center_img Facebook Need for issues with Mica redress scheme to be addressed raised in Seanad also Google+ WhatsApp WhatsApp Twitter Minister McConalogue says he is working to improve fishing quota Pinterest Almost 10,000 appointments cancelled in Saolta Hospital Group this week Dail hears questions over design, funding and operation of Mica redress schemelast_img read more

McAreavey accused claims he was on phone around time of her death

first_img Twitter McAreavey accused claims he was on phone around time of her death WhatsApp Facebook Need for issues with Mica redress scheme to be addressed raised in Seanad also Facebook By News Highland – July 4, 2012 Google+ LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton News Pinterest Twittercenter_img RELATED ARTICLESMORE FROM AUTHOR Pinterest Almost 10,000 appointments cancelled in Saolta Hospital Group this week WhatsApp Previous articleTaoiseach briefed on lack of garda vehicles in DonegalNext articleSF says Troika has told them there’s scope for tax increase for high earners News Highland Google+ A phone company representative has told the trial of a man accused of killing Michaela McAreavey that a call was made around the time of her death.The Mauritius Telecom worker was the final defence witness to testify in the trial of 42-year-old Sandip Moneea, and his 32-year-old co-accused Avinash Treebhoowoon.Both of them deny murdering the 27-year-old Tyrone school teacher during her honeymoon on the island with husband John last January.Dhanraj Lillah, an IT worker, said a call lasting just over four minutes was made on a mobile owned by Moneea just after 2.45pm – the time the prosecution claim Ms McAreavey died.The defence say it proves he was not involved – however the prosecution contest that the accused was phoning to ask his sister for advice on what he had just done.With the final witnesses now called by Moneea’s lawyer, it is expected that the defence case at the Supreme Court will close later today.An adjournment is then expected before prosecution and defence closing statements.During the last seven weeks around 50 witnesses have given testimony in the trial, which is expected to end next week.Moneea and Treebhoowoon are both former staff members at the Legends Hotel where Mrs McAreavey was found dead in room 1025 last year.Her widower and other family members were present as the last witness was called. Minister McConalogue says he is working to improve fishing quota 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Dail hears questions over design, funding and operation of Mica redress schemelast_img read more

County Manager to meet unions over strike action

first_img County Manager to meet unions over strike action RELATED ARTICLESMORE FROM AUTHOR Pinterest Previous articleDerry ‘laser pen’ man faces jailNext articleArranmore Lifeboat brings injured trawler man ashore News Highland Facebook By News Highland – January 22, 2010 WhatsApp Minister McConalogue says he is working to improve fishing quota Dail hears questions over design, funding and operation of Mica redress scheme Dail to vote later on extending emergency Covid powers Google+ The County Manager Micheal McLoone is to meet local union representatives to discuss how their planned strike action will effect council services.Trade unions have informed served notice on public Sector employers across Donegal that from Monday its members will be engaging in a campaign of severe and wide ranging industrial action activity.As part of a nationwide programme of action against cuts in pay introduced by the government,  union members will refuse to work outside their contractural employement.Other aspects of the protest will be the refusal by members to operate with work associated with vacant posts, unfilled promotions or redeployments.The County Manager Michael McLoone says there will be some disruption as a result:[podcast]http://www.highlandradio.com/wp-content/uploads/2010/01/mick1pm.mp3[/podcast]center_img Twitter Newsx Adverts Facebook Pinterest Twitter 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Need for issues with Mica redress scheme to be addressed raised in Seanad also WhatsApp Man arrested in Derry on suspicion of drugs and criminal property offences released Google+last_img read more