first_imgTuesday 7 September 2010 11:43 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia KCS-content MARK HURD, the former chief executive of Hewlett-Packard (HP), is being sued by the computer company over his move to join rival Oracle.Hurd was appointed as co-president and director of Oracle, the world’s third-largest software maker, yesterday and just one month after he resigned from HP.HP has alleged that Hurd’s move to Oracle puts its own trade secrets “in peril” as his move will “give Oracle a strategic advantage as to where to allocate or not allocate resources and exploit the knowledge of HP’s strengths and weaknesses”.A statement filed with the Supreme Court in Santa Clara said: “In his new position, Hurd will be in a situation in which he cannot perform his duties for Oracle without necessarily using and disclosing HP’s trade secrets and confidential information to others.”But Hurd’s separation agreement with HP did not have a non-compete clause contained within it. It did, however, have a two-year confidentiality pact. Non-compete clauses are generally unenforceable in California.Hurd resigned from HP on 6 August after the company said he filed inaccurate expense reports related to a marketing contractor, Jodie Fisher, who worked for his office. Fisher accused Hurd of sexual harassment, but HP has found no evidence to back her allegations.HP and Oracle are direct rivals. Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Sharecenter_img Hurd sued by HP over Oracle job whatsapp whatsapp Show Comments ▼ Tags: NULLlast_img read more

first_imgLetshego Holdings Limited ( listed on the Botswana Stock Exchange under the Investment sector has released it’s 2013 presentation results for the half year.For more information about Letshego Holdings Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Letshego Holdings Limited ( company page on AfricanFinancials.Document: Letshego Holdings Limited (  2013 presentation results for the half year.Company ProfileLetshego Financial Services Botswana is regulated financial services institution that offers products and solutions for the low- to middle-income sector in Botswana. The company was established in 1998 as Micro Provident Botswana Limited but now operates as a member of the Letshego Group. Letshego Financial Services Botswana is primarily focused on providing financial solutions to individuals who are formally employed by the government of Botswana, parastatals and the private sector. A subsidiary division offers microfinance and savings solutions to individuals generating income in the informal sector. Letshego Financial Services Botswana is able to cater to both sectors by providing simple, appropriate and accessible solutions that are competitively priced. The company was able to diversify its offering through the acquisition of Micro Africa Limited in East Africa, allowing it to provide loans to micro and small enterprises, collective groups and low- to middle-class earners. The company has a presence in 11 countries across southern, east and west Africa; Botswana, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Swaziland, Tanzania and Uganda.last_img read more

first_img See all posts by Anna Sokolidou Anna Sokolidou | Monday, 13th July, 2020 | More on: ITM Are the shares still worth buying?At the same time, the 2019 sales rose to £2.4m, 100% up from £1.2m reported in 2018. It looks quite impressive. But how about the company’s market capitalisation? It is about £1.5bn. So, the price-to-sales (P/S) ratio is an astonishing 625. Let’s also look at another valuation metric, the price-to-book (P/B) ratio. For the company to be reasonably valued according to its book value, the P/B should total 1 to 3 at most. But in the case of this mid-cap company, it’s about 22. And how about the company’s profitability? Well, ITM Power is a loss-making business. In 2019 its EBITDA loss rose to (£8.3m) from (£4.5m), an increase of 84%. Ouch…   The company’s management also reported an even greater loss for the year ended 30 April 2020. It totaled £17.5m. But ITM Power’s management explains these results almost as ‘one-offs’. Brexit uncertainty, Covid-19 disruptions, and legacy projects are the management’s excuses this year. But CEO Dr Graham Cooley remains optimistic, seeing “great opportunities” ahead. Although I generally agree that renewable energy might have a brilliant long-term future, I don’t think investors should share management’s optimism. In fact, I think ITM Power is a typical overhyped mid-cap company with bad fundamentals. The market seems to be ignoring this now. If you look at the graph above, you’ll see that the ITM Power’s shares held up extremely well during the end of March sell-off. In my view, the company’s shares are not worth buying for a risk-averse value investor. If you’d like to get exposure to the renewable energy sector, I’d recommend having a look at SSE. My colleague Kirsteen Mackay wrote an excellent article on this company. Clearly, it seems to be better value for money than ITM Power. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. ITM Power shares rose by 333%! Are they still worth buying? Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images. Anna Sokolidou has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address Our 6 ‘Best Buys Now’ Shares ITM Power (LSE:ITM) shares rose by a whopping 333% this year. That’s a lot, given the energy market’s overall weakness. The question now is, are they still worth buying?ITM Power sharesITM Power specialises in making electrolysers, equipment used in generating hydrogen energy. It’s an important part of the renewable energy sector. These days there is a lot of hype about being environmentally friendly or ‘green’.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…During the coronavirus crisis this might sound odd, given that there are so many cheap energy sources. For example, oil and gas prices are extremely low right now. So, it might look like clean energy sources make no economic sense in the current situation. But investors and governments seem to disagree. As I mentioned above, this year ITM Power shares rose dramatically. This investor interest is broadly in line with many governments’ initiatives. Germany, Portugal, and the Netherlands have all set up ambitious electrolyser targets for 2030. So, as we see, the equipment the company specialises in is clearly part of several renewable energy agendas. In fact, ITM Power shares also rose because of a record increase in the company’s backlog. On 8 June the company reported a 24% backlog rise since 27 January. It now stands at £52.4m. The market capitalisation, however, rose by more than 300% over the period.     last_img read more

first_img Mary Smith says: July 31, 2018 at 8:58 pm Alleluia! Prayers ascending, Michael, for you, for your family, and for those of us who need you. Scott Golden says: August 1, 2018 at 7:04 am God bless you. Hope your recovery is uneventful. Prayers are offered for you and your family. Matt Ouellette says: August 1, 2018 at 7:30 pm Prayers from a Presbyterian pastor and friend of the Episcopal Church… God’s healing touch be upon you, Bishop Michael Denise Safford says: Bishop Diocesan Springfield, IL Mary Hughes says: Youth Minister Lorton, VA Assistant/Associate Rector Washington, DC Rector/Priest in Charge (PT) Lisbon, ME Comments are closed. Thomas Hofer says: August 1, 2018 at 9:43 am Our Presiding Bishop is a blessing to all of us in the church and to the wider world. May God bless him with a full recovery and return him to the mission to which he is called. Robert Publicover says: Tags Priest-in-Charge Lebanon, OH July 31, 2018 at 8:47 pm Bishop Curry, I have been praying for you all day today and am glad to read the outcome of the surgery. Please rest assured of all our prayers. Susie Sayles Camel says: Associate Priest for Pastoral Care New York, NY AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Presiding Bishop Michael Curry[Episcopal Church Office of Public Affairs] Episcopal Church Presiding Bishop Michael Curry is resting comfortably following surgery on Tuesday, July 31.  According to the presiding bishop’s family and his medical team, the surgery went well, as had been expected. Bishop Curry is resting, and a full recovery continues to be anticipated.On July 25 Curry shared news that he had recently been diagnosed with prostate cancer and would be having surgery to remove the prostate gland.Curry and his family are touched by the outpouring of prayers and well wishes. In their thankfulness, they ask for privacy during his recovery.Further information will continue to be released by the presiding bishop’s office, as needed. Submit a Press Release Rector Smithfield, NC July 31, 2018 at 8:58 pm May God continue to bless you and hold you in His hands. Associate Rector for Family Ministries Anchorage, AK July 31, 2018 at 11:38 pm Prayers for best outcomes and peace of mind for you and your family. Family Ministry Coordinator Baton Rouge, LA August 1, 2018 at 6:31 am Praise God for the successful surgery. Now, a peaceful and blessed recovery. You, Michael Curry, are a wonderful leader for us. July 31, 2018 at 8:57 pm Bishop Curry, my prayers were answered when you were elected and they have been answered again with your successful surgery. Give yourself time to heal. My prayers will continue. Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Maggie Silton says: T. Whitfield Stodghill, III says: Pat Gunn says: Sheila says: Rev. David Justin Lynch says: Rector Knoxville, TN July 31, 2018 at 10:36 pm May God be with you during your recovery, Bishop Curry. Your leadership has been a blessing to this church. Assistant/Associate Rector Morristown, NJ July 31, 2018 at 9:24 pm May God bless and heal our beloved Presiding Bishop. Prayers for him, his family and all that care for him as he recovers. Rector and Chaplain Eugene, OR Jordan Sakal says: In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 August 1, 2018 at 1:13 am Deacon Sharon and I offer our heartfelt prayers for Bishop Michael’s successful recovery and continued ministry. Beatrice Hernandez says: July 31, 2018 at 8:38 pm God bless you Presiding Bishop Curry! May your recovery be swift and your healing complete. Posted Jul 31, 2018 Rector Washington, DC Presiding Bishop Michael Curry Melinda Shannon says: The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET August 1, 2018 at 8:04 am My prayers continue for Bishop Michael and his family. Thank God for a successful surgery and his complete healing. God bless. Rector Martinsville, VA Comments navigation Newer comments Kim Gauss says: Rector Bath, NC Rector Pittsburgh, PA JOHN WILLIAMSON says: Press Release Service July 31, 2018 at 11:10 pm Prayers continue for a fast and complete recovery.center_img Gail & Roger Madsen says: Rector Belleville, IL July 31, 2018 at 10:23 pm So grateful to hear that all is well with our beloved Bishop Michael. May quiet, rest and peace be his during the coming weeks. May his recovery be full and restore him to good health. July 31, 2018 at 9:46 pm Dear Bishop Curry, rest well. We all have your back sending heavenward thousands of prayers for healing and good health. Thank you for taking care of yourself. Dick Bell says: August 1, 2018 at 6:45 pm [email protected] Prayer for your speedy recovery Bishop Curry and to your Family strength as they take care of you… Christ Peace Amen Submit an Event Listing Comments navigation Newer comments This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 August 1, 2018 at 8:39 am We adore Bishop Curry! I speak for friends here in the Atlanta Diocese and for my Sewanee classmates. We are looking forward to many more years of his leadership and his preaching #LOVE. Another SNL skit would also be cool. Director of Administration & Finance Atlanta, GA Featured Jobs & Calls Rector (FT or PT) Indian River, MI Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Merelyn Mims says: Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York New Berrigan Book With Episcopal Roots Cascade Books The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group August 5, 2018 at 8:56 am Love to you, Vicki! August 1, 2018 at 9:43 am Dear Bishop Curry, continuing to pray for your complete recovery! God Bless you….Mary Smith — St. Michael’s Raleigh Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Rector Tampa, FL Curate (Associate & Priest-in-Charge) Traverse City, MI An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Cathedral Dean Boise, ID Rector Albany, NY August 8, 2018 at 12:46 pm You are in my prayer, may your healing quickly recovery, may the lord guide you in every step by step in your way. Stay stronger blessings sister in Christ. Greenville, S.C July 31, 2018 at 9:33 pm Fran and I wish you a speedy recovery Bishop Curry!! God Bless You and your beautiful family at this time. Our prayers are with you!!!! Rector Collierville, TN Assistant/Associate Priest Scottsdale, AZ Director of Music Morristown, NJ (The Rev.) Roger Allee says: Missioner for Disaster Resilience Sacramento, CA Course Director Jerusalem, Israel Comments (45) Rector Shreveport, LA Rector Hopkinsville, KY Presiding Bishop Michael Curry resting after surgery July 31, 2018 at 9:02 pm Thanks be to God. Praying for continued healing. Vicki Gray says: Priest Associate or Director of Adult Ministries Greenville, SC August 1, 2018 at 1:50 pm Prayers for you, Bishop Curry! Featured Events Benny and Fran Barksdale says: Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT August 1, 2018 at 10:49 am Thanks be to God for a successful surgery! Prayers continue for a complete recovery as he heals from it. God bless you Bishop Curry. Fr. Thomas Lowe says: Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Health & Healthcare, Associate Rector Columbus, GA Michael Moore says: Curate Diocese of Nebraska Me LaRue says: Pam Webb says: Submit a Job Listing August 1, 2018 at 2:23 am Wonderful news, thank the Lord! There are Anglicans around the world who rejoice in ++Michael’s ministry and leadership. So many of us thank God for him – he is truly a breath of fresh air! Prayers continue, in gratitude and for his complete recovery. July 31, 2018 at 10:22 pm As I expected, the surgery was routine. With early detection and prompt surgery, he will have a complete recovery with little chance of the cancer returning ever. Same story with me fourteen years ago. Thanks be to God. Canon for Family Ministry Jackson, MS last_img read more

first_imgChildren’s hospice opens its first boutique charity shop About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving. Children’s hospice Haven House has opened its first boutique shop at 849 Leytonstone High Road, London E11. It is the charity’s first boutique and joins he charity’s other shops in Epping High Road and Chingford Mount.The boutique shop has been designed to present a chic, vintage feel with chandeliers, Moorish rugs and retro display cabinets. It sells high-quality men’s, women’s and children’s-wear, and also has as a section for interiors.Inside the Haven House boutique charity shop.Matt Lord, Head of Retail at the Woodford Green-based charity, said:“We wanted to offer a real point of difference from what other charity shops are offering in the area, to appeal to a wider customer base.”On the choice of location he said: “Leytonstone is an up-and-coming area with lots of footfall, so it’s the ideal location to trial a boutique concept.”The charity has already begun inviting Leystonstone residents to donate their used (or “pre-loved”) goods to the new shop, to volunteer and to visit the shop. Howard Lake | 21 May 2015 | News  57 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1center_img Tagged with: London Trading AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Advertisementlast_img read more

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis7 Advertisement  50 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis7 Jewson offers £250,000 to improve local communities Jewson is seeking nominations for its Building Better Communities programme.The programme offers financial support to transform community buildings or areas such as playgrounds, sports changing rooms, or community centres.The deadline for entries is 29th April, with shortlisting taking place between 30th April and 15th May. Shortlisted projects will then be announced with communities asked to raise votes to see their projects funded.Regional winners will receive support of between £500 and £10,000, with the overall winning ‘My Comfort’ project receiving £150,000.Last year’s awards saw the Penlee Lifeboat Appeal win the grand prize of £50,000 to build a new two-storey lifeboat station giving space for a crew training room, larger changing facilities and a visitor attraction centre.  49 total views,  1 views todaycenter_img Tagged with: Funding Melanie May | 15 April 2016 | News 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 read more

first_img Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. 21 recommended0 commentsShareShareTweetSharePin it Government New Assistance Fund By City, Pasadena Community Foundation From STAFF REPORTS Published on Wednesday, May 22, 2013 | 1:53 pm Make a comment Community News Your email address will not be published. Required fields are marked * Subscribe Name (required)  Mail (required) (not be published)  Website  New grant funding and charitable giving opportunities are being created thanks to the collaborative efforts of the City’s Housing Department and the Pasadena Community Foundation (PCF) by transferring the former Human Services Endowment Fund to PCF and establishing the new “Pasadena Assistance Fund.” The charitable endowment will be managed by PCF while the City acts as advisor to the fund and directs the grant making.We wanted to think outside the box to see how we could take the City’s existing Human Services Endowment Fund and increase its grant-making capacity. After careful consideration, we agreed that a partnership with PCF was a great solution to meet our goals,” Pasadena Housing Department Director William Huang said.The fund will continue to be focused with the same spirit and purpose of its original donors: providing support to local non-profit social service agencies that help people facing poverty, or those with disabilities or other challenges. The new partnership, however, opens up two new important means for growing the fund, currently with a principal balance of about $1.8 million.First, the City-PCF partnership provides greater visibility and fundraising opportunities. Already, the new fund name, statement and logo clearly communicates its purpose: “Building Better Lives.” Huang said the new fund’s higher profile “will hopefully inspire local community members to consider this fund in their overall charitable giving and estate plans.”Second, transferring fiscal management to PCF allows for greater investment returns over the long term due to PCF’s ability to utilize investment vehicles not previously available to the City. PCF’s investment strategy employs a diversified global portfolio of equities, bonds, and other investment vehicles that the City cannot use in the investment of public funds, PCF Executive Director Jennifer DeVoll said.Future distributions from the fund will supplement the Community Development Block Grants (CDBG) provided by the federal government to the City. Since federal funding for CDBG has declined in recent years, it is even more important to build a hometown source of similar funding for the worthwhile local social services programs, Huang said.DeVoll said helping grow the Pasadena Assistance Fund “is right in our sweet spot” for PCF.“We build hometown legacies, permanent funds to support the critical services offered by non-profit organizations within our community. We are thrilled to be working with the City to help grow the fund through prudent investment and heightened visibility.”Since its inception in 1992, the Pasadena Assistance Fund (formerly the Human Services Endowment Fund), has been managed by the City’s Human Services and Recreation Department, and then the Housing Department, distributing about $2.8 million in grants to Pasadena area non-profits agencies and organizations.For more information about the Pasadena Community Foundation, 260 S. Los Robles Ave., Suite 119, Pasadena, (626) 796-2097, go online to For more information about the City of Pasadena go to HerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeautyA Dark Side Of Beauty Salons Not Many People Know AboutHerbeautyHerbeautyHerbeautyTips From A Professional Stylist On How To Look Stunning In 2020HerbeautyHerbeautyHerbeauty12 Female Fashion Trends That Guys Can’t StandHerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeauty Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy center_img Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday More Cool Stuff faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Top of the News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Business News Community News First Heatwave Expected Next Week last_img read more

first_imgSign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Mortgage Rates Increase Slightly to 4.33% Subscribe April 24, 2014 852 Views Home / Daily Dose / Mortgage Rates Increase Slightly to 4.33% The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Government, Headlines, Market Studies, News Tagged with: ARM Bankrate Federal Reserve Fixed-Rate Mortgage Freddie Mac Janet Yellen Related Articles Previous: Massachusetts Home Sales Decrease from Low Inventory Next: FHFA: HARP Refinances Drop in February Demand Propels Home Prices Upward 2 days ago  Print This Postcenter_img ARM Bankrate Federal Reserve Fixed-Rate Mortgage Freddie Mac Janet Yellen 2014-04-24 Tory Barringer Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Despite soft housing news, mortgage rates experienced a moderate increase ahead of next week’s economic policy update from the Federal Open Market Committee.According to Freddie Mac’s latest Primary Mortgage Market Survey, the average 30-year fixed mortgage rate came up to 4.33 percent (0.6 point) for the week ending April 24, up from 4.27 percent in the previous week. Last year, the 30-year fixed-rate mortgage (FRM) averaged 3.40 percent, almost a full point lower.The 15-year FRM this week averaged 3.39 percent (0.6 point), moving up from 3.33 percent.Meanwhile, the average rates for 5- and 1-year adjustable-rate mortgages (ARMs) were unchanged at 3.03 percent (0.5 point) and 2.44 percent (0.5 point), recorded similar upticks in its own national survey, with the 30-year fixed shifting up 5 basis points to 4.43 percent and the 15-year fixed sliding up to 3.54 percent. Unlike Freddie Mac, Bankrate observed a slight increase in the 5/1 ARM, which was up to 3.34 percent.“The economy has started to shake off the brutal winter that held back the pace of recovery, but Fed Chair Janet Yellen’s comments about inflation remaining too low is helping to keep a lid on bond yields and mortgage rates,” the finance site said in a release.With Fed leaders scheduled to meet at the end of April to discuss the shape the economy’s in and determine what’s next for monetary policy, half of commentators in Bankrate’s weekly survey expect opportunities for more hikes ahead.“Investors have been misconstruing every Fed statement since Janet Yellen assumed the chair, and they’ll need a few more repetitions before they wise up,” commented Holden Lewis, assistant managing editor for “I expect them to freak out over some innocuous statement by dumping mortgage bonds onto the market and causing yields to rise, and with them, mortgage rates.” Demand Propels Home Prices Upward 2 days agolast_img read more

first_img  Print This Post in Daily Dose, Featured, Government, News Demand Propels Home Prices Upward 2 days ago CFPB Consumer Credit Consumer Financial Protection Bureau 2015-05-05 Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Brian Honea A report titled “Data Point: Credit Invisibles” published Tuesday by the Consumer Financial Protection Bureau (CFPB) Office of Research found that 26 million American adults (about 10 percent) do not have a credit history with any of the three nationwide consumer reporting agencies, termed as “credit invisible” by the Bureau’s director.Also according to the report, black and Hispanic consumers as well as those in low-income neighborhoods are more likely to have either no history or not enough credit history to produce a score with a nationwide consumer reporting agency.”Today’s report sheds light on the millions of Americans who are credit invisible,” CFPB Director Richard Cordray said. “A limited credit history can create real barriers for consumers looking to access the credit that is often so essential to meaningful opportunity—to get an education, start a business, or buy a house. Further, some of the most economically vulnerable consumers are more likely to be credit invisible.”Three-digit credit scores generated by one of the three nationwide consumer reporting agencies, also called bureaus (Equifax, Experian, and Transunion) are important to Americans because decisions to grant credit are most often made based on these credit scores. Thus, Americans with little or no credit history face significant obstacles in obtaining credit.These bureaus generate reports on a consumer’s credit history, which reveals how likely a consumer is to repay a debt using information about how that consumer has handled payments as far as bank loans, car loans, credit card bills, student loans, and mortgages. A consumer’s credit history will also show payment histories, how much is owed, or whether that consumer has a court judgment or lien. These credit histories are what the bureaus use to determine a consumer’s credit score.According to the CFPB’s announcement, consumers with limited credit histories can be placed in two groups – “credit invisible,” which means the consumer has no credit report, or “unscored,” which means the consumer has some credit history but not enough to generate a credit score, or else the information is “stale” and out of date.The report found that 26 million adult Americans, which computes to an average of about one in every 10, do not have a credit history, thus making them “credit invisible,” compared to about 189 adult Americans with credit records that can generate a score. About 19 million consumers (approximately 8 percent) have some credit history but not enough to generate a score; this number is almost evenly split between those who have insufficient credit history to produce a score (9.9 million) and those with “stale” or not recent enough credit (9.6 million).Also according to the report, about 30 percent of consumers who live in low-income neighborhoods are credit invisible and an additional 15 percent in those neighborhoods have unscored credit records compared with only 4 and 5 percent, respectively, in upper-income neighborhoods. Also, the report found that black and Hispanic consumers were more likely to be credit invisible or have unscored credit histories than their white or Asian counterparts. The CFPB reported that 15 percent of black and Hispanic consumers are credit invisible while 9 percent of white consumers fit in that category; for unscored credit records, the numbers were 13 percent of black consumers and 12 percent of Hispanics compared to 7 percent of white consumers. The analysis by the CFPB suggests that “these differences across racial and ethnic groups materialize early in the adult lives of these consumers and persist thereafter.”Click here to see the entire report. Share Save Subscribe The Best Markets For Residential Property Investors 2 days ago CFPB Report Finds 26 Million American Adults Have No Credit History 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. 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first_img RELATED ARTICLESMORE FROM AUTHOR Pinterest Further drop in people receiving PUP in Donegal Man arrested on suspicion of drugs and criminal property offences in Derry Twitter Facebook Gardai continue to investigate Kilmacrennan fire Gardai in Donegal are questioning a 42 year old man over the deaths of a couple in their 70s.The bodies of Jimmy and Kathleen Cuddihy were found at their home in Carndonagh shortly after 9 o’clock this morning.The man was subsequently arrested and is being questioned at Buncrana Garda Station.The state pathologist Dr Marie Cassidy has arrived at the scene to carry out a preliminary examination.A hatchet found at the house is also to be examined as part of the investigation.These local people have been giving their reaction to our reporter Barry Whyte:Audio Player Up/Down Arrow keys to increase or decrease volume. By News Highland – October 23, 2014 WhatsApp WhatsApp 75 positive cases of Covid confirmed in North center_img Audio: Carndonagh locals express shock at death of popular local couple Facebook 365 additional cases of Covid-19 in Republic Google+ Previous articleClaims: Independent Cllrs boycott of Irish Water meeting is down to ‘inexperience’Next articleKatie Price planning to sell her used breast implants News Highland Twitter Main Evening News, Sport and Obituaries Tuesday May 25th News Google+ Pinterestlast_img read more