The Mauritius Development Investment Trust Co. Ltd (MDIT.mu) listed on the Stock Exchange of Mauritius under the Investment sector has released it’s 2018 annual report.For more information about The Mauritius Development Investment Trust Co. Ltd (MDIT.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the The Mauritius Development Investment Trust Co. Ltd (MDIT.mu) company page on AfricanFinancials.Document: The Mauritius Development Investment Trust Co. Ltd (MDIT.mu) 2018 annual report.Company ProfileThe Mauritius Development Investment Trust Co. Limited is an investment institution that invest in sectors such as financial services, manufacturing, construction, leisure and hotels, sugar, property development, transport, commerce, and information, communications and technology. The company is headquartered in Port-Louis, Mauritius and holds as well as manages securities in the Republic of Mauritius. The Mauritius Development Investment Trust Co. Limited is listed on the Stock Exchange of Mauritius.
ArchDaily Area: 325 m² Area: 325 m² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/563099/villa-s-ian-shaw-architekten-bda-riba Clipboard ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/563099/villa-s-ian-shaw-architekten-bda-riba Clipboard 2014 Villa S / Ian Shaw Architekten BDA RIBASave this projectSaveVilla S / Ian Shaw Architekten BDA RIBA CopyHouses•Schriesheim, Germany Year: “COPY” Houses Villa S / Ian Shaw Architekten BDA RIBA Germany Year: Photographs Save this picture!© Felix Krumbholz Photography+ 28 Share Architects: Ian Shaw Architekten BDA RIBA Area Area of this architecture project 2014 photographs: Felix Krumbholz PhotographyPhotographs: Felix Krumbholz PhotographySave this picture!© Felix Krumbholz PhotographyRecommended ProductsLightsLonghiLamp – AkileleSuspension SystemsMetawellAluminum Panels for Ceiling SailsMetallicsTECU®Copper Surface – Classic CoatedLightsLouis PoulsenLamps – AJ CollectionVilla S is a cast in-situ concrete house, dramatically sited on a hillside above Schriesheim, in Baden-Württemberg, in southwest Germany. From its elevated position, the building offers panoramic views of the surrounding countryside: to the south, the Black Forest; to the west, the Palatinate and the Rhine Valley; to the east, the Odenwald mountain range; and in the foreground, on a neighbouring hillside, the ruins of Strahlenburg Castle, originally built in 1295. Within this setting, the project presents itself as an elemental two-tier structure.Save this picture!© Felix Krumbholz PhotographyThe white concrete has been well honed, the culmination of years of perfecting its use, perfecting the right mix, the quality of shuttering and the waxes applied, to ensure a smooth matt finish. Here it is used within a massing composition that generates a strong sense of place and dwelling, rooting the villa in its culture and topography.The base section is articulated as a heavy concrete cuboid, embedded in the landscape – an extension of the earth, almost. The walls are Romanesque in stature, which is strikingly disseminated by the deeply set glazing at the front of the house. The solidity of the design is the result of the double concrete wall system. Structurally, the internal wall is load-bearing, enabling the outer wall to function as formidable facing.Save this picture!© Felix Krumbholz PhotographyIn the lower block, bedrooms and bathrooms are safely cocooned. Above, the pavilion-like form engages with the landscape and the elements. The sliding glass doors and the Brazilian slate tiling used inside and out deliver a seamless connectivity between the living room and terrace, the combined area measuring 135sqm.The downstairs space is larger, measuring 175sqm. This comprises two south-facing bedrooms, with floor to ceiling glazing, both having en-suites bathrooms; a central area, which is flexible in its usage, two additional bedrooms being easily accommodated within the grid like structure; and towards the rear, a utility and washroom, a general storage area and a dedicated room for the building’s electrics and heating system.Save this picture!Floor PlanSave this picture!Floor PlanFrom a volumetric standpoint, the ceiling heights are generous: 2.6m for the lower ground floor and 2.85m upstairs. This latter dimension enables the architecture to make a bold tectonic statement at either end of the villa: on the south side, a 2.6m cantilever extends beyond the living space; and on the north side, a seemingly gravity defying rectangular aperture, measuring 6.25m x 5m x 0.65m, emphatically defines the main entranceway. Together these structural features present the roof as an assured, well-defined plane; so harmonizing with the lower block’s strong horizontal form.Save this picture!© Felix Krumbholz PhotographyThroughout the scheme the bespoke Meranti doors and window frames perfectly complement not only the white concrete, but also the slate flooring and the opaque glass panels used in the building’s fenestration. This holistic approach to detailing is additionally evident in the lamp design.The project required a light unit to deliver both internal and external coverage; work within the structural parameters of the cast in-situ concrete ceilings; and be able to complement the project’s exacting, pared-back aesthetic. Existing fittings were researched but there was nothing appropriate. The solution is the villa’s very own luminaire, measuring 12cm x12cm x8cm.Save this picture!© Felix Krumbholz PhotographyThe outer casing is milled from a solid block of aluminium. Internally, the design comprises 49 1W LEDs mounted on a platina plate, combined with a highly polished stainless steel reflector and a specially satinized plexi-glass cover. The finished product is a low energy, high performance lamp that delivers an even spread of emitted light. Furthermore, the unit sits perfectly flush when recessed; there is no external mounting or trim, which preserves the ascetic clarity of the cast in-situ concrete.Save this picture!SectionThe villa’s asymmetric plan orchestrates the lighting layout, hence the spacing of the three lamps along the south-facing cantilever, the one offset from the middle aligning with the building’s long axis. Save for this subtle lighting detail, the south façade is symmetrical which robustly counterbalances the asymmetrical arrangement that organizes the north elevation.Save this picture!© Felix Krumbholz PhotographyThe discourse between the north and south facades parallels the dialogue between the heavy mass of the lower level and the lighter volume above, the former generating a connection with the earth, the latter a connection with the sky. This is architecture exploring the poetic and communicative potential of tectonic construction. The result is a meticulously crafted building that will endure the test of time.Project gallerySee allShow lessHouse in Sakurashinmachi / Comma DesignSelected ProjectsFlora 22 / Despacho22Selected Projects Share Projects “COPY” CopyAbout this officeIan Shaw Architekten BDA RIBAOfficeFollowProductsWoodGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesSchriesheimHousesGermanyPublished on November 04, 2014Cite: “Villa S / Ian Shaw Architekten BDA RIBA” 04 Nov 2014. ArchDaily. Accessed 11 Jun 2021.
122 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis2 Old Royal Naval College hits endowment fund target through public support Tagged with: endowment matched giving Melanie May | 11 July 2016 | News The Old Royal Naval College (ORNC) in Greenwich has reached a £1m donation target ahead of schedule thanks to public support.The money has been raised for its Future Fund endowment and will now be matched by the Heritage Lottery Fund (HLF) and the Department of Culture, Media and Sport (DCMS). The Future Fund will be used by the ORNC to help it continue its conservation, community and educational work.Fundraising for the Future Fund started back in the summer of 2012, with a deadline of 30th June to raise the £1m. More than half of the £1m target was donated by visitors on site, with the remainder coming from major individual gifts, corporations, ORNC memberships and the ORNC Chapel Fund.An increase in donations from the public enabled the target to be hit ahead of the deadline. The campaign was made possible by the Catalyst: Endowments programme set up by the HLF, the DCMS, and Arts Council England, in which every pound raised by the ORNC up to 30 June 2016 will be matched.Mary Ellen Cetra, development and communications director said:“Everyone at the ORNC has worked tirelessly over the last four years and we are extremely grateful for all the support we have received, from everyone from our Board of Trustees to the hundreds of thousands of visitors, and the HLF/DCMS Catalyst programme which has not only laid the groundwork for securing the future of the ORNC, but charities throughout the UK.” 121 total views, 1 views today Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis2 About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.
Joe Piette, Bryant Arroyo, and Ted Kelly“I am going to boycott the third-party correspondence system,” Bryant Arroyo, an activist and organizer currently detained at SCI Frackville in central Pennsylvania, told this WW reporter during an extended Sept. 23 interview.Arroyo urges all prisoners to immediately cease sending and accepting mail in response to the draconian new prison policies of current Pennsylvania Gov. Tom Wolf.Eliminating the right of prisoners to send and receive correspondence via postal service is the most controversial aspect of a sweeping crackdown imposed in September by the Pennsylvania Department of Corrections. Prisoners will no longer be allowed to receive mail directly at state correctional facilities. Instead, their mail is being routed through a third-party company that rakes in profits from the enslavement of U.S. workers.The PDOC awarded a $4 million contract to Smart Communications, a Florida-based firm that bills itself as a “family-owned business” with “a reputation as the true innovator in the prison marketplace.”Under the contract, Smart receives all letters and photographs, photocopies them, stores the contents on its private servers and then forwards the photocopies to prisoners. Smart’s website boasts, “We currently have over 50 clients worldwide.” That means the company is paid to seize, open and duplicate the private correspondence of prisoners held in over 50 U.S. facilities. Pennsylvania is the 19th state to hire the company.“I have other means of communication,” said Arroyo, referring to the phone calls and emails he must pay for in order to talk to the outside world. “I don’t have to comply with this policy, and I don’t want to. I don’t think our people should be subjected to it. And I don’t think the taxpayers’ money is being well spent — do you?”Bryant Arroyo has a long history of activism defending the rights and well-being of his fellow inmates. This has made him great friends and powerful enemies. In 2006, he organized a campaign of prisoners that scuttled plans to build a $400 million coal-gasification plant next to SCI Frackville — a plant that would have poisoned the environment around the prison and the nearby community.This organizing earned him the ire of the head of the anthracite coal cartel, Jack Rich, and his corporate backers, like former Pennsylvania Gov. Tom Ridge and the South African energy company Sasol. The successful movement also led political prisoner Mumia Abu-Jamal to dub Arroyo “the world’s first jailhouse environmentalist.”‘When you’re backed into a corner, you fight to live’Now Arroyo’s focus is on the PDOC crackdown implemented in the middle of the nationwide prison strike that took place from Aug. 21 to Sept. 9.“Big Brother has invaded the DOC. We don’t have rights in here, “ Arroyo explained to WW, “only privileges.” Even the right to unfettered legal defense can be capriciously suspended without warning by state authorities. But Arroyo is intent on fighting for restoration of the precious few resources prisoners have to defend themselves: “This is survival mode. When you’re backed into a corner, you fight to live.”This is why he is urging prisoners to boycott the mail. Arroyo’s boycott announcement comes as the American Civil Liberties Union and many public defenders have announced their intention to stop sending legal mail through the Pennsylvania prisons.“Every prisoner must act as an individual and as a collective front not to send mail to the third party,” he said. “This is not only a breach of our privacy but a breach of attorney-client privilege.”Under the Smart system, all supposedly protected correspondence pertaining to prisoners’ legal cases is handled — and opened — by prison staff. Copies are made and given to prisoners, but the originals are retained by the PDOC for 15 days, after which they are allegedly destroyed. Regular personal correspondence is stored on Smart servers for seven years. Video recordings of the mail-opening process are supposed to be purged every five days.“But [the purging of legal correspondence] is a flat out lie,” said Arroyo. “What they’re not telling you is that they’re keeping it. And they can use it against you at any point in the future.”The Innocence Project, the Abolitionist Law Center and the Pennsylvania Institutional Law Project are partnering with the ACLU to bring a lawsuit against the PDOC for this unprecedented attack on attorney-client confidentiality, which they say is “indefensible.”In the meantime, Arroyo urges his fellow inmates to follow his lead in communicating with legal teams and only set up urgent face-to-face visits: “Everything except in-person contact is compromised.”Arroyo said the first piece of mail he received after the new policy began was a card that came in the form of photocopied sheets of paper: “It was lifeless. It takes away the joy of receiving mail.”Arroyo also described the for-profit firm’s predictable failure to fulfill its contract. One inmate received a sheaf of papers that had photocopies of the front and back of an envelope — and the rest of the pages were blank.“They don’t want us to smile in here,” he said.The for-profit privatization of the prison mail system is having a deadly, chilling effect on prisoners’ legal right to private correspondence with their defense attorneys and on their much-needed human contact with the outside world.Isolation puts prisoners at riskThe prison crackdown is meant to exacerbate the breakdown of social ties caused by mass incarceration. Some friends and family are understandably scared to put themselves at the mercy of prison officials at a time of such intense repression.The day Arroyo called for the mail boycott, an older couple who came to visit a man’s brother was turned away because the woman was wearing a bra with a small metal clasp, which set off a metal detector.“It’s straight-up sexual harassment,” he commented to WW. The “no-bra” policy is apparently unique to SCI Frackville and reportedly not in force at other PDOC facilities.The PDOC crackdown also included a punitive 90-day suspension of commissary food during visits. Friends and family are usually permitted to purchase from vending machines in the visiting room. Now a row of six machines stands completely empty at the back of the room. “We literally can no longer break bread with our community,” said Arroyo.Visits with children are necessarily shorter when parents and guardians can’t buy them snacks. Without access to vending machine drinks, visitors are also subjected to the same water that prisoners are forced to drink, with little kids hoisted up to toxic water fountains to quench their thirst. The guards and prison staff still have access to bottled spring water and soda.Many Pennsylvania prisons, including Frackville and Mahanoy in Schuylkill County, are situated in a coal mining and fracking region that has become known as a “cancer cluster” site. Arroyo points out that Schuylkill has a remarkably high incidence of polycythemia vera, a rare blood cancer caused by waterborne pathogens.Arroyo calls these health risks from the prison system “environmental terrorism.” He himself is awaiting a second round of throat surgery to remove polyps growing on his vocal cords. He is confident these are the result of 25 years of drinking poisoned water in Pennsylvania prisons.In the prison lobby, this reporter also witnessed two toddlers being subjected to the magnetic wanding and swabs meant to detect trace residue of narcotics, the same security protocols required of adult visitors.When Arroyo’s daughter called to plan a visit with her small children, he was compelled to tell her to wait until the punitive three-month visitor policy expires. “I’m not going to subject my grandchildren to this.”Democrats lead the crackdown on prisonersPennsylvania Gov. Wolf is just one of many new law-and-order Democrats who display a ruthless dedication to expanding the system of mass incarceration. This reactionary cadre includes Philadelphia Mayor Jim Kenney and District Attorney Larry Krasner, as well as national figures like former California chief prosecutor Kamala Harris, now a U.S. senator from the state.Wolf also steadfastly refuses to hear demands from im/migrant rights activists demanding he issue an emergency order to close Pennsylvania’s Berks Family Detention Facility, which is under contract with U.S. Immigration and Customs Enforcement. Other immigrant and refugee concentration camps across the country are among the 50 facilities that Smart counts as “clients.”ICE kidnappings, imprisonment and rampant abuse are defended under the guise of “national security.” Similarly, Wolf’s strategy is to tie the crackdown on prisoners to “security and safety” in state facilities, creating a strong obstacle to efforts to fight recent prison repression in the courts.Additionally, a poorly fabricated “health crisis” among prison staff was the apparent excuse for an August lockdown. But staff accounts of being sickened by synthetic drugs transmitted through the mail system collapsed under public scrutiny.Arroyo notes that the PDOC appears to have concocted the “health crisis” to justify smothering prison strike efforts in Pennsylvania, which coincided with the national strike Aug. 21 to Sept. 9.The emergency lockdown was implemented in late August. After the Labor Day weekend, the omnibus prison regulations were already being implemented, including a more repressive visitor policy estimated to cost the state an additional $15 million to put in place.Meanwhile, the commonwealth of Virginia under Democratic Gov. Ralph Northam has announced a similar set of repressive measures for its prisons. Warden David Call of Nottoway Correctional Center in Burkeville, Va., released a Sept. 20 memo that referred to “feminine hygiene products being an ideal way to conceal contraband.” In an outrageous move that mirrors the Frackville “no-bra” policy, he declared that “the use of tampons and or menstrual cup hygiene items during visitation are prohibited.” (Richmond Times-Dispatch, Sept. 24)The Virginia DOC memo continues: “Offender visitors who have been recognized by the body scanner machine having a foreign object that could possibly be a tampon and has [sic] failed to remove such item prior to being screened, will have their visitation terminated for the day and will have their visitations privileges reviewed.”Gov. Roy Cooper of North Carolina, another Democrat, failed to evacuate prisoners held in state facilities even as Hurricane Florence wreaked havoc across the state.Fight repression, ‘don’t give up’Arroyo insists that we must see prisoners as individual human beings to fuel needed collective action. Millions of people are incarcerated in this country, which means millions more family members and friends are affected by this system. He urges his fellow inmates to continue to fight and to find people on the outside who will actually listen, not just cynical aspirants to elected office. Above all, he urges prisoners across the country not to give up.Arroyo himself is an innocent man who has been sentenced to life in prison for a crime he did not commit. He says: “I could be bitter. But I choose not to take that path. Nah, that’s not what I want. They want you to mess up so they can put you in the hole. I don’t give them that privilege.”Of his beloved daughter, Genesis, he says he “raised her through the confines.” This summer he condensed a lengthy essay he wrote, “A Dad’s Honor, a Daughter’s Dream,” and managed to get it down to 15 minutes. Then he called Genesis’ wedding ceremony and read it as a toast to his daughter.Despite this particularly trying time of reaction and repression, Bryant Arroyo retains his optimism through one of his most contagious tactics: a sense of humor.“You’ve heard the tune that goes, ‘Video killed the radio star’?” he asks, breaking into song. “Well, the DOC killed the mail!”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
By Hoosier Ag Today – Jun 23, 2016 Acting Deputy Secretary of Agriculture Michael Scuse today announced that the federal crop insurance program will provide additional flexibility to farmers. The modifications center on the practice of growing two crops on the same field at different times of the year, which is known as double cropping. “We are constantly looking for ways to meet the needs of our farmers and seek out their feedback so we can best provide them with the tools and resources they need to grow and support their operations,” Scuse said. “After receiving input from a number of stakeholders, we made these changes to the federal crop insurance program to provide greater flexibility and better reflect current agricultural practices.”The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) worked to provide additional flexibility requested by farmers. Double cropping requirements are revised to adequately recognize changes in growing farm operations or for added land. This change will address both land added to an operation, and account for multiple crop rotations. These changes will be in effective for the 2017 crop year for most crops, starting with winter wheat.Under the Obama Administration, federal crop insurance programs have been enhanced to ensure that America’s farmers and ranchers have the strongest safety net possible that applies to the diverse types and sizes of farms in our country, and the wide variety of products they grow. USDA federal crop insurance programs provide producers with greater access to financial tools than ever before, at a time when prices are low, and access to credit can be difficult. Working with producers, RMA has developed innovative and well-received products to adapt the program to today’s diverse farm operations. Special focus has been given to more diversified farms, small farms and beginning farmers and ranchers. Crop insurance is sold and delivered solely through private crop insurance agents. Contact a local crop insurance agent for more information about these changes. A list of crop insurance agents is available at all USDA Service Centers or online at www.rma.usda.gov/tools/agent.html. SHARE Home Indiana Agriculture News Crop Insurance Changes Give Farmers More Planting Flexibility Facebook Twitter Facebook Twitter SHARE Crop Insurance Changes Give Farmers More Planting Flexibility Previous articleClosing CommentsNext articlePurdue, DuPont Pioneer to Host Plant Science Symposium Hoosier Ag Today
Home Indiana Agriculture News Think Residuals as Part of Spring Weed Program Facebook Twitter Facebook Twitter By Andy Eubank – Feb 9, 2020 Think Residuals as Part of Spring Weed Program SHARE Focus-on-residuals-in-2020Residual weed control will be the name of the game in 2020.“That’s right, and it’s going to be absolutely critical to start aggressively in the spring,” says Brandon Schrage, Technical Service Manager with FMC. He says with late harvest last year, weeds along ditches that went to seed, and all the prevent plant acres where weeds went to seed, the weed complex this spring will be very difficult.“Not just because of your water hemp and palmer amaranth contributing to that seed bank, but also a lot of weeds that we typically don’t have trouble with when we can get them controlled,” he explained. “For instance, if we had a prevented plant acre, we’re probably going to be seeing some cocklebur, some lambs quarter, maybe velvet leaf, and so having that complex is going to require a strong residual program in the spring.”Schrage says if you don’t go aggressive including residuals, there could be serious consequences.“As we see the amaranth species become more prevalent in the Midwest and Indiana particularly, as we see a lot of these weeds like velvet leaf and grass, stuff that dicamba has never been great on, relying on those post only options is going to get us in a real pickle. Now, our advantage is, taking palmer amaranth for example, the longevity in the soil is not that long, so if we can get sufficient weed control for a couple of years, we can bring that seed bank real low and help us for the future. If we’re relying only on post, it’s going to end up biting them and could cost them land value.”Schrage recommends getting burndown operations underway this spring as soon as possible when soils warm, and plan to get a residual applied to help stretch to your post applications.“This could be done in a number of ways,” he says. “A lot of legacy Authority brands can be put on pre-plant. The idea is to get that residual down before we start seeing breakage. When we’re relying on post-only systems we’re selecting for resistance, we’re getting insufficient weed control, and that’s what’s going to give us trouble further on.”FMC’s Authority® Edge herbicide is new this year and controls tough weeds and grasses like waterhemp, palmer pigweed, morning glories and other small-seeded broadleaf weeds and grasses. Learn more on this new product still awaiting Indiana state approval here. SHARE Previous articleHoosier Ag This Week – the Week in Review for February 8thNext articlePOET’s Jeff Broin Named The American Biofuels Visionary by Growth Energy Andy Eubank
RSF_en Help by sharing this information News Organisation News Reporters Without Borders and the Hong Kong Journalists’ Association have sent Chinese President Hu Jintao a petition containing 10,500 signatures calling for the release of Ching Cheong (photo), Hong Kong correspondent of the Singapore daily Straits Times. Hundreds of journalists have already joined the campaign for their colleague held in isolation in Beijing for nearly two months. ChinaAsia – Pacific Two months to the day since Chinese police arrested journalist Ching Cheong, a petition calling for his release signed by 10,500 people in 20 different countries was sent today to Chinese President Hu Jintao and the next Chief Executive of Hong Kong, Donald Tsang.Hundreds of journalists in Asia, Europe and the Americas have called for their colleague working with the Singapore daily Straits Times, who has been unfairly accused of spying, to be set free. Thousands of people in Hong Kong, Singapore, New Zealand, the United Kingdom and France have offered their support to this respected journalist.The petition, whose signatories include the chairperson of the Hong Kong Journalists Association, Ping Ling Cheung, and the secretary-general of Reporters Without Borders, Robert Ménard – is still available on www.petition-chingcheong.org. Elsewhere the foreign correspondents’ club in China has sent a letter to the Chinese president seeking Ching’s release.In total, ten thousand people worldwide have in less than two weeks demonstrated their wish to back this imprisoned journalist. The Chinese government should respond to this appeal and free Ching Cheong.The Chinese foreign ministry said on 31 May 2005 that Ching of the Singapore daily Straits Times had confessed to being a “spy in the pay of foreign agencies”. The Hong Kong journalist, living permanently in Singapore and holder of a special British National Overseas passport (BNO, specific to Hong Kong), was arrested by Chinese police on 22 April in the southern city of Guangzhou. He is being held in isolation in Beijing.sign the international appeal for Ching Cheong Receive email alerts June 21, 2005 – Updated on January 20, 2016 Two months after arrest of Ching Cheong, 10,500 people sign a petition urging his release ChinaAsia – Pacific News News to go further June 2, 2021 Find out more April 27, 2021 Find out more China: Political commentator sentenced to eight months in prison Democracies need “reciprocity mechanism” to combat propaganda by authoritarian regimes China’s Cyber Censorship Figures Follow the news on China March 12, 2021 Find out more
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 Portfolio 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, News
Email Address* Full Name* Henry Buhl and 114 Greene Street (Getty, Google Maps) A pair of lofts owned by New York art collector and ex-banker Henry Buhl topped the list of luxury contracts signed in Manhattan last week.Marketed as a combination opportunity, the units at 102 Prince Street and 114 Greene Street together exceed 7,000 square feet and were asking $19 million.Read moreManhattan luxury market has another strong weekForeclosure action hits sheikh’s 15 Central Park West uintHow HFZ became the face of Manhattan’s condo woes Share via Shortlink Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Message* Tagscondo marketdonna olshanNYC Luxury Market Buhl, a 90-year-old philanthropist, owned the residence for 30 years, filling it with an impressive collection that reportedly included sculptures by Rodin, Botero and Picasso. The 1990 movie “Ghost” was filmed in another unit at 102 Prince Street.ADVERTISEMENTThe deal was one of 17 in Manhattan last week for properties asking $4 million or more, the highest Christmas-week haul since 2017, according to data from Olshan Realty.“It was a good total,” said Donna Olshan, who tracks luxury deals in a weekly market report. “It was a good mix [of properties].”The second-priciest deal was a penthouse at 95 Greene Street, last asking $11.9 million, down from $15 million when listed in February.The deal marks a loss for the seller, who bought the triplex condo for $13.55 million in late 2018.The home featured four bedrooms, three and a half bathrooms and a rooftop terrace.Contact Sylvia Varnham O’Regan
A new deal has been proposed by Universities UK (UUK) in an aim to solve the ongoing pensions dispute, potentially bringing widespread industrial action to a halt.Under the proposed agreement, the current defined benefit pension scheme will remain in place until at least April 2019. According to the University and College Union (UCU), it will also ensure that a full switch to a defined contribution scheme is entirely off the table.It follows vice chancellor Louise Richardson sending an email to all staff this afternoon, outlining her hope that the “University can come together in recognition of the concerns of many of our staff”.Following further negotiations this week, the UUK board met this afternoon and agreed a proposal aimed at resolving the pension dispute. That proposal has now been sent to UCU members, with branch representatives due to deliver feedback on Wednesday.#UCU confirm that proposed pension switch to DC taken off the table as part of today’s revised offer from #UUK.— Josephine Cumbo (@JosephineCumbo) March 23, 2018Alongside a commitment to maintaining the current pension system until 2019, the deal also proposes a “Joint Expert Panel”, comprised of actuarial and academic experts nominated in equal numbers from both UCU and UUK.It is hoped the panel will agree to the key principles which will underpin the future joint approach of UUK and UCU to the valuation of the Universities Superannuation Scheme (USS) fund. The valuation of the scheme has been a serious source of contention throughout the dispute, with UCU consistently criticising the methodology used to calculate the USS’s supposed £6.1 billion deficit.According to UCU Secretary Sally Hunt, the work of the group will also “reflect the clear wish of staff to have a guaranteed pension comparable with current provision whilst meeting the affordability challenges for all parties, within the current regulatory framework.”Oxford University said in an online statement that the proposed deal “would be very good news for our students, preventing further disruption to their studies.”Earlier this afternoon, vice chancellor Louise Richardson sent an email to all staff where she bemoaned how “the collegiality of our community has been undermined” by the ongoing pensions dispute.She said: “We face a shared problem: a pension scheme to which both employers and employees contribute which has been assessed as having a substantial deficit. We have a shared interest in finding a solution that offers the best possible affordable pension now and into the future.“Like other employers and employees we have signed on to collective bargaining and are bound by it. I know that this is frustrating for many of us who would like to find our own solution right away, but we can’t. I can personally commit, however, to accepting any solution agreed at the Joint Negotiating Committee by UCU and UUK.“Much of the disagreement arises over the validity of the estimate of the deficit (£6.1 billion). I know we would all be delighted to learn that the current estimate exaggerates the deficit. I very much hope that the proposals for an independent panel of experts, with membership agreed by UCU and UUK and working transparently, will be accepted, will start work immediately, and will command confidence in their conclusions.“Congregation will be convening on April 24 to discuss the issue and to solicit proposals that can be fed into our Pensions Working Party for analysis. I hope that this can be a moment when the University can come together in recognition of the concerns of many of our staff and in collective pursuit of a solution to the shared problem we face.”Last week, it was confirmed that Oxford had excluded USS members from the University’s Pension Working Party on conflict of interest grounds. This position has now been formally reversed, and there will be a greater input from USS members going forward.Meanwhile, the identity of four of the six Oxford colleges who pushed for the controversial pension scheme changes remains unknown. Only Hertford and Pembroke have revealed that they responded to a 2017 UUK survey with a desire for “less risk”, but leaked documents suggest that four other colleges did the same.Oxford UCU has been contacted for comment.