Investors Sue Federal Government Over GSE Profits

first_img Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Investors Sue Federal Government Over GSE Profits The Best Markets For Residential Property Investors 2 days ago Investors led by New York-based hedge fund giant Pershing Square Capital Management sued the United States government, alleging that common stockholders in Fannie Mae and Freddie Mac have been shortchanged since the government began sweeping profits from the GSEs into the U.S. Department of Treasury starting in 2012.Three individual common shareholders along with Pershing Square alleged in the complaint that the diverting of GSE profits into Treasury equates to taking private property for public use without “just compensation,” a practice forbidden by the Fifth Amendment of the U.S. Constitution. Pershing Square claims in the lawsuit that the diversion of GSE profits created a “windfall” for the government while shortchanging GSE shareholders.With more than 63 million shares in Freddie Mac totaling approximately $246 million and more than 115 million shares worth about $448 million in Fannie Mae, Pershing Square is by far the largest non-governmental owner of GSE common stock. Pershing Square’s share in both GSEs computes to about 10 percent. The three individual investors that combined with Pershing Square in the lawsuit are Josephine and Stephen Rettien, a married couple who purchased common stock in Fannie Mae approximately 15 years ago, and retired nurse Louise Rafter, who has held common stock in Fannie Mae for more than 25 years.The lawsuit, which was filed with the U.S. Federal Court of Claims in Washington, D.C., is one of several similar suits filed in the last 14 months. In July 2013, hedge fund Perry Capital sued the federal government over Treasury’s sweeping of GSE profits. In June 2013, private shareholders filed a suit seeking $41 billion in damages for the same reason.William A. Ackman, CEO of Pershing Square Capital Management, declined to comment on the lawsuit when reached by phone. Spokespeople from the Treasury Department and the Federal Housing Finance Agency, also declined comment. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: FHFA Hears from Groups on Proposed Increase in G-Fees Next: Demand for Compliance Services Grows Tagged with: Fannie Mae Freddie Mac Government hedge fund Lawsuit U.S. Department of Treasury Related Articles 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. Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago August 15, 2014 935 Views Fannie Mae Freddie Mac Government hedge fund Lawsuit U.S. Department of Treasury 2014-08-15 Brian Honea About Author: Brian Honea The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Government, Headlines, News Investors Sue Federal Government Over GSE Profitslast_img read more

Déjà Vu All Over Again

first_img Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Radhika Ojha in Daily Dose, Featured, News, Secondary Market, Servicing Demand Propels Home Prices Upward 2 days ago Mortgage risk set a new series high in July, rising 0.5 points from the same period last year, according to the American Enterprise Institute’s (AEI’s) National Mortgage Risk Index (NMRI) for July 2018. While the FHA index set a new high at 28 percent, higher cash-out refinances during the period also saw the refinance NMRI rising to an all-time high.”Higher NMRI indicates agencies continue to increase leverage to maintain levels of mortgage activity and in furtherance of their “affordable housing” mission,” said Edward Pinto, Codirector of AEI’s Center on Housing Markets and Finance.The NMRI monitor’s the housing market’s stability through real-time tracking of leverage and is a standardized quantitative index for mortgage risks. The index places loans in risk buckets and assesses default risk based on the performance of 2007 vintage loans with similar characteristics, providing a near complete census of government guaranteed loans and purchase mortgage trends.In July, the data from NMRI indicated a huge spread of default rates across risk buckets with the composite index for purchase loans being led by FHA loans that set a new series high. The AEI said that unless household income accelerated, “future support for the housing market will likely involve further increases in leverage from an already high level.”A massive increase in cash-out risk, which has more than doubled from July 2013, was a key driver for the increase in risks along with a shift towards higher debt-to-income (DTI) after the government-sponsored enterprises (GSEs) increased DTI limit to 50 without compensating factors.“The increase in the cash-out refinance risk index has been nothing but breathtaking,” said Tobias Peter, senior research analyst at AEI’s Center on Housing Markets and Finance. “With mortgage rates rising over the last two years combined with declining volumes of rate-and-term refinances and flat purchase volume, non-bank lenders continue to ease credit standards for cash-outs, propelled in large measure by steering borrowers to FHA and VA, which have a much wider credit box.”The data also indicated that subprime loans could be making a comeback. According to the NMRI, while growth in purchase lending volume did not pause equally across the risk spectrum with the volume of subprime loans seeing “a robust increase while prime and near-prime contracted.”Looking at how the general housing trends were impacting mortgage risk, AEI said that the supply-demand imbalance was driving up home prices. “The implications of leverage during a long-lasting seller’s market, now in its 73rd month, are higher house prices concentrated at the lower end of the market and in lower income neighborhoods where leverage has been increasing the most,” Pinto said. “On the national level, there has been a long period with few metros experiencing negative home price growth, which is allowing market excesses to build. Moving forward, there will be even more risk as borrowers, especially first-time buyers, are forced to take on more leverage to buy.” Tagged with: AEI FHA GSEs Loan mortgage nmri Purchase Loans Refinance Risk VA Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post October 29, 2018 1,925 Views center_img Previous: RoundPoint Among Fastest Growing Companies in Charlotte Next: A Bridge Too Far to Cross AEI FHA GSEs Loan mortgage nmri Purchase Loans Refinance Risk VA 2018-10-29 Radhika Ojha Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Déjà Vu All Over Again The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Déjà Vu All Over Again Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribelast_img read more

Exercising Caution in Property Preservation

first_imgSubscribe Exercising Caution in Property Preservation Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily borrower Foreclosure Illinois Mortgage Foreclosure Law lender mortgagee mortgagor Property Preservation Securitization 2019-05-27 Radhika Ojha Home / Daily Dose / Exercising Caution in Property Preservation  Print This Post As is often the case in mortgage servicing, properties secured by defaulted mortgages can wind up vacant or in need of repair. Depending on the condition of the property, the municipality may issue code violations and file suit naming both the owners of the property as well as anyone with a recorded interest. Neighbors may be reporting conditions to the city or county drawing additional scrutiny and these properties may appear vulnerable for vandalism and thievery.Should a servicer secure the property? It can be difficult at times to provide an easy answer. However, from a best practices approach, consider the path with the least exposure for litigation surrounding these issues. Under the terms of the standard Fannie Mae and Freddie Mac Mortgage, the answer typically is yes, you can secure. Most of the time, the mortgage will contain a paragraph relating to what actions the mortgagee may take in protecting its interest in the property. The mortgage will call for the borrower to maintain the property and keep it from deteriorating and will include specific language allowing the mortgagee to do and pay whatever is reasonable to protect its interest in the property and rights under the terms of the mortgage in certain circumstances. From a servicing standpoint, when ample evidence is mounted suggesting a property is vacant and in need of securitization or repair, it may be easy to rush an order to a vendor to secure or repair the property, however, exercise caution.The cautious approach is to first review the terms of the mortgage to ensure you have the option to secure or take actions with respect to the property. Second, evaluate the potential risk and exposure. Would your actions lead to additional litigation? Is the property in foreclosure and has the foreclosure become contested? Is the mortgagor represented by Counsel? Does there appear to be personal property within? Third, does the municipality have any vacant building registration or securitization requirements?To give an example, the City of Chicago requires that a mortgagee shall, within the latter of a residential building becoming vacant for more than 30 days or 10 days after a default, register the building and secure the property to prevent unlawful entry and pay a $700 registration fee. The registration must be renewed every six months for as long as the building remains vacant and unregistered by an owner and a renewal fee of $300 will apply. Additionally, the property must have a visible posted sign indicating the name, address, and phone number of the registered mortgagee or mortgagee’s agent with the vacant building registration number and the property must be maintained so that the exterior is clean and secure and the interior is winterized.Because these situations can sometimes lead to confusion or instances in which both sides are pleading their case before the court, my advice is to consult your attorney and consider seeking a court order allowing the repairs or any actions you wish to take at the property, unless you are simply seeking to secure the property pursuant to local ordinance requirements. The Illinois Mortgage Foreclosure Law has a specific statutory provision which addresses the right to possession of mortgaged real estate during foreclosure. Specifically, in terms of residential real estate, the mortgagor/borrower shall be entitled to possession of the subject property except if the mortgagee/lender objects and shows the following elements: 1) a sufficient basis why it should be entitled to possession, 2) the terms of the mortgage allow the mortgagee to obtain possession, and 3) the court finds a reasonable probability the mortgagee will ultimately prevail in the pending suit. If you do elect to secure the property, ensure that ample photos are taken showing exactly what actions were taken at the property.Without obtaining a court order, a situation may occur in which a property is secured and the mortgagor(s) or occupant(s) subsequently files a motion with the court seeking relief for time, mental anguish, lost personal items, and anything that is reasonably related to being locked out of the property. In these scenarios, it can be difficult to disprove what personal property was or was not present and has subsequently disappeared. This leads to additional litigation fees in having to retain counsel to defend the motion as well as extend funds for settlement, in many cases, in order to resolve the matter as quickly and efficiently as possible.What if your loan is current and the city or municipality files suit alleging code violations? It is equally advisable to seek the advice of counsel in this situation. If the servicer is named in a lawsuit seeking relief for municipal or building code violations and the loan is current, the servicer will still need to appear in the case and ensure the borrower is taking the appropriate steps toward curing whatever outstanding issues remain. Failing to appear could mean missing out on notice of actions the Plaintiff may wish to take at the property such as the appointment of a receiver, which could eventually record a lien that takes priority over the mortgage. Typically, in these cases, the court will want to be kept updated from the servicer side of things with respect to the status of the loan, i.e. current or in default. In some situations, the court may ask the servicer to take action at the property.The importance of recognizing building code violations and municipal ordinance issues is not unique to Illinois. As natural disasters continue to occur throughout the United States and mother nature reminds us of her strength, code violations and preservation issues will continue to impact servicers. Stay alert for notice of these violations when they arrive and have a procedure for timely recognition and resolution of these issues in order to protect your lien interest. Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Headlines, News, REO The Best Markets For Residential Property Investors 2 days agocenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago May 27, 2019 3,000 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: The Barriers to Buying a Home Next: Tornadoes Destroy Homes, Communities in Ohio Marcos Posada is the Managing Partner for McCalla Raymer Leibert Pierce, LLC’s Illinois Litigation Practice Group. Posada manages the retention of Illinois litigation matters and works to represent our clients as Litigation Counsel for outside matters. In addition to having daily oversight over the firm’s entire portfolio of litigated matters, Posada is directly involved in the firm’s Appellate cases, successfully obtaining decisions favoring his clients in nearly every case. Marcos is an alum of Northern Illinois University School of Law. He was a 2019 ALFN JPEG Award Winner and participates in the Legal League 100, the Complex Litigation Practice Group of the American Legal and Financial Network, Co-Chair; and the USFN, Diversity and Inclusion Committee Member. Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: borrower Foreclosure Illinois Mortgage Foreclosure Law lender mortgagee mortgagor Property Preservation Securitization About Author: Marcos Posadalast_img read more

Are Mortgage-Backed Securities Storm Proof?

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Investment, News Share Save Previous: Single-Family Built-For-Rent’s Increasing Popularity Next: Rebuilding Affordable Housing a Year After Hurricane Michael Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago 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. Servicers Navigate the Post-Pandemic World 2 days ago Related Articles The Best Markets For Residential Property Investors 2 days agocenter_img Are Mortgage-Backed Securities Storm Proof? Servicers Navigate the Post-Pandemic World 2 days ago About Author: Seth Welborn Home / Daily Dose / Are Mortgage-Backed Securities Storm Proof? Subscribe David Burt, founder of DeltaTerra Capital, believes that climate risk is underpriced in residential mortgage-backed securities (RMBS) with exposure to climate change hot spots.“The market’s failure to integrate climate science with investment analysis has created a mispricing phenomenon that is possibly larger than the mortgage credit bubble of the mid-2000s,” Burt wrote in a presentation to prospective clients, Insurance Journal reports.According to Burt and other investors, hurricanes, flooding and other disasters pose a far larger threat than is currently being priced into mortgage securities. A key culprit may be outdated flood maps, meaning far fewer people are required to have flood insurance than are at risk, the investors and researchers say.“The bet I’m making is that many regional markets will experience large price declines in response to increasing costs related to the geography-specific risks,” Burt said.At a recent hearing hosted by the Financial Services Subcommittee on National Security, International Development and Monetary Policy, environmental experts discussed the risks to the National Flood Insurance Program (NFIP) posed by climate change, saying the situation is likely to worsen in the coming years.“Flood insurance is top of perils we have to face,” said Andy Karsner, who served as U.S. Secretary for Energy Efficiency and Renewable Energy during the George W. Bush administration, The Hill reports. “It is imperative for [insurance companies] to develop new tools of risk management because they are operating on very old model inputs and ancient legacy flood maps.”Marshall Burke, assistant professor of earth system science at Stanford University, said at Wednesday’s hearing that the evidence from climate change research suggests southern states are most vulnerable to flooding.“On the coast, what we know about tropical cyclones or hurricanes — we don’t have clear evidence that there will be more or less of them — but we know they will be more powerful and move more slowly. That will dramatically increase the likelihood of coastal flooding,” Burke said. Sign up for DS News Daily Tagged with: climate change RMBS Weather climate change RMBS Weather 2019-10-07 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post October 7, 2019 1,798 Views last_img read more

Addressing Affordable Housing with a YIMBY Mindset

first_img The Best Markets For Residential Property Investors 2 days ago January 13, 2020 1,579 Views in Daily Dose, Featured, Government, Market Studies, News Addressing Affordable Housing with a YIMBY Mindset Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Home / Daily Dose / Addressing Affordable Housing with a YIMBY Mindset Previous: Roofstock Closes $50M SFR Equity Round Next: Periodic Statements and Roth v. Nationstar About Author: Krista F. Brock The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Postcenter_img Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago 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. Tagged with: Affordability high density housing housing market 2020 Demand Propels Home Prices Upward 2 days ago Subscribe Any real estate expert or professional knows the importance of understanding their local market. As the nation struggles with what are calling an affordability crisis, some say that like real estate in general, the solutions are local. In essence, they say the overall mindset needs to change from NIMBY (not in my backyard) to YIMBY (yes in my backyard). “As we brace for another general election, we are beginning to hear candidates weigh in on affordable housing,” said housing experts Brooke Medina and Doug McCullough in an article on Fee.org. “Federal policy affects access and affordability to housing, but the best approach to this problem is local.” Simply put, the solution is more housing. While markets are ruled by supply and demand, in the housing market, supply is artificially constrained by land-use and zoning laws—which are controlled by local governments. Several Democratic presidential candidates have proposed plans to address housing affordability, some including incentives for state governments that work to address housing affordability through the easing of land-use and zoning laws. In November, Sen. Kamala Harris and Rep. Maxine Waters also proposed a housing bill that included $10 million through the Community Development Block Grant aimed at cutting back on zoning and other requirements that prevent affordable housing development. The NIMBY perspective leads to an exacerbation of supply constraints created and/or maintained through regulations. Medina and McCullough pointed out that people often oppose further real estate development because they want to protect their own property or they wish to preserve the local culture or history of their area. While admitting these are “understandable” sentiments, Medina and McCullough said in their piece that this is a “form of economic protectionism” and even go so far as to say the NIMBY outlook can be “a form of disenfranchisement.” “By politically and legally favoring real estate value appreciation or preserving dubious historical real estate, we stand to risk locking individuals and families out of affordable housing,” wrote Medina and McCullough.In addition to changing or easing zoning restrictions, Medina and McCullough advise changing parking minimum requirements, which they say “are another contributor to the affordable housing puzzle that deserves more attention.” They also point out that certain cities will respond better and more quickly to additional housing supply. For example, New York and San Francisco “are poor examples for the rest of the country that don’t face the same obstinate demand,” the experts said. In contrast, growing cities in the Midwest, Texas, and North Carolina could benefit from adapting regulations to allow for additional affordable housing construction.California is already taking a YIMBY mindset and enacting change that allows for higher-density housing in the state. California Gov. Gavin Newsome signed bills last year that allows up to three homes to be built on land previously zoned for one single-family home.  Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Affordability high density housing housing market 2020 2020-01-13 Mike Albanese Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articleslast_img read more

Trump’s Pick for Federal Reserve Board Questioned During Hearing

first_img February 13, 2020 1,931 Views  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago 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. in Daily Dose, Featured, Government, News Judy Shelton, President Donald Trump’s selection for the Federal Reserve Board, was questioned by Republican lawmakers during her nomination hearing Thursday, according to reports by Bloomberg. Bloomberg reports that Senators Richard Shelby (R-Alabama), Patrick Toomey (R-Pennsylvania), and John Kennedy (R-Louisiana) said following the Senate Banking Committee hearing that they had not yet decided if they would vote for her confirmation. Just one Republican “no” vote could block Shelton’s nomination, assuming all Democrats vote against her. “I think the Fed should be independent and we should have mainstream people on there,” Shelby said following the hearing. “I don’t think she’s a mainstream economist. She’s different. Another voice.”Shelton is the former economic adviser to Trump’s presidential campaign, and Bloomberg called her a “controversial” pick because of her past comments on the gold standard, the dollar, and whether the Fed’s congressional mandate to pursue maximum employment and stable prices is meaningful. Mike Crapo, Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, said Shelton most recently served as the Executive Director for the European Bank for Reconstruction and Development. She was confirmed by voice vote in the Senate in 2018. “Shelton’s experience working for nonprofits and academic institutions forged her deep knowledge of democracy, economic theory, and monetary policy that will broaden and diversify the Fed’s perspective,” Crapo said. CNBC reported last year following her nomination that her “unorthodox monetary beliefs” could draw questions from lawmakers. In a post published by the libertarian think tank Cato Institute in 2018, Shelton drew a comparison between cryptocurrencies and gold.“If the appeal of cryptocurrencies is their capacity to provide a common currency, and to maintain a uniform value for every issued unit, we need only consult historical experience to ascertain that these same qualities were achieved through the classical international gold standard,” she wrote.She added: “In proposing a new international monetary system linked in some way to gold, America has an opportunity to secure continued prominence in global monetary affairs.” Home / Daily Dose / Trump’s Pick for Federal Reserve Board Questioned During Hearing Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Share Save Trump’s Pick for Federal Reserve Board Questioned During Hearing Tagged with: Donald Trump Federal Reserve Related Articles Demand Propels Home Prices Upward 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Mike Albanese Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: The ‘Conundrum’ Surrounding the GSEs Next: AMDC Highlights Program Spotlighting Diversity Donald Trump Federal Reserve 2020-02-13 Mike Albanese Subscribelast_img read more

CPWP to protest at Mondays Donegal Co Council meeting

first_imgHomepage BannerNews CPWP to protest at Mondays Donegal Co Council meeting Nine Til Noon Show – Listen back to Wednesday’s Programme NPHET ‘positive’ on easing restrictions – Donnelly Twitter Google+ Previous articleCockhill return to Dublin for St Mochta’s FAI Intermediate Cup tieNext articleDue Recognition for McLaughlin News Highland WhatsApp A protest is to be held outside Donegal County Council’s office in Lifford on Monday when councillors are to meet with representatives of Irish Water.The public are invited to join the protest picket outside the Council offices at 10am on Monday.Cant Pay Wont Pay are also inviting other councillors to join the protest instead of meeting with irish Water.Spokesperson Cllr Michael Cholm Mac Giolla Eaispaig:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/01/meehal.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. News, Sport and Obituaries on Wednesday May 26th WhatsApp Pinterestcenter_img Three factors driving Donegal housing market – Robinson Twitter Help sought in search for missing 27 year old in Letterkenny Facebook 448 new cases of Covid 19 reported today Pinterest Google+ By News Highland – January 24, 2015 RELATED ARTICLESMORE FROM AUTHOR Facebooklast_img read more

Bundoran RNLI tasked to assist surfer

first_img RELATED ARTICLESMORE FROM AUTHOR WhatsApp Twitter Google+ Bundoran lifeboat has had its first call-out of the year to assist a surfer in trouble at Tullan Strand.The surfer got into difficulty around 4pm on Saturday after his surf board snapped, his friend immediately called the emergency services and Bundoran Lifeboat Crew were tasked to the scene.The crew were on scene within minutes by which time the surfer had made his way to shore safely and the lifeboat was then stood down.Malin Head Coast Guard also tasked the Rescue 118 Helicopter from Sligo. 448 new cases of Covid 19 reported today WhatsApp Pinterest Twitter Google+ Guidelines for reopening of hospitality sector published Newsx Advertscenter_img Bundoran RNLI tasked to assist surfer Previous articleBoxing – McLaughlin Wins Again In World SeriesNext articleDodge owners reject suggestions gardai closed nightclub News Highland By News Highland – January 15, 2012 Facebook Pinterest Three factors driving Donegal housing market – Robinson NPHET ‘positive’ on easing restrictions – Donnelly Help sought in search for missing 27 year old in Letterkenny Facebook Calls for maternity restrictions to be lifted at LUH last_img read more

Domestic Violence Service in Donegal facing 6% funding cut

first_img Google+ NPHET ‘positive’ on easing restrictions – Donnelly By News Highland – December 19, 2011 WhatsApp Newsx Adverts RELATED ARTICLESMORE FROM AUTHOR Domestic Violence Service in Donegal facing 6% funding cut Almost 10,000 appointments cancelled in Saolta Hospital Group this week Twitter WhatsApp Facebook Pinterestcenter_img Facebook LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Calls for maternity restrictions to be lifted at LUH Google+ Pinterest Three factors driving Donegal housing market – Robinson Previous articleKillygordon man charged with rape in Derry Magistrates CourtNext articleSanta’s visit to Mullaghmore delayed because of hoax News Highland Guidelines for reopening of hospitality sector published The Donegal Domestic Violence Service has been told that it’s core funding is to be cut by 6% next year. The money is provided through a service agreement with the HSE.The news came this afternoon, less than a month after capital funding was confirmed for a new purpose built shelter.The current refuge had to turn away 33 women and 27 children last year as they didnt have enough space.However, Service Manager of the Centre Fiona Doherty says they are already operting at a deficit, and today’s news takes the shine off November’s announcement……[podcast]http://www.highlandradio.com/wp-content/uploads/2011/12/refug530.mp3[/podcast] Twitterlast_img read more

Ireland a good place for children to live

first_imgNews Almost 10,000 appointments cancelled in Saolta Hospital Group this week By News Highland – April 10, 2013 Google+ Facebook Google+ Pinterest WhatsApp Three factors driving Donegal housing market – Robinson Previous articleThree due in court on Dublin robbery chargesNext articleNew report claims mortgage crisis plans won’t work News Highland WhatsApp Calls for maternity restrictions to be lifted at LUH center_img Pinterest Ireland a good place for children to live LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton RELATED ARTICLESMORE FROM AUTHOR Twitter Twitter Guidelines for reopening of hospitality sector published 86 per cent of children here are happy with their lives.Thats according to a report by UNICEF who rate Ireland among the top ten places in the world to be a child among the 29 OECD countries.Ireland is the tenth best country to be a child in a list of 29 industrialised nations.The Netherlands, Norway, and Iceland are top of the list while bottom of the table are Latvia, Lithuania and Romania.The report shows Ireland has the hightest rate of children excercisingwith almost one in three children excercising for a least an hour a day.And it warns that childhood must be protected during the economic downturn. Facebook Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margeylast_img read more