Investec Limited ( 2016 Annual Report

first_imgInvestec Limited ( listed on the Botswana Stock Exchange under the Financial sector has released it’s 2016 annual report.For more information about Investec Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Investec Limited ( company page on AfricanFinancials.Document: Investec Limited (  2016 annual report.Company ProfileInvestec (Botswana) Limited is a regional subsidiary of an international specialist banking and asset management group. Its financial service offering comprises six business divisions: asset management, wealth and investment, property, private banking, investment banking and capital markets. The Wealth and Investment division of Investec (Botswana) Limited specialises in wealth management, portfolio management, private office and stockbroking services for individuals, families, trusts and charities. The Specialist Banking division manages principle investments and property investments, as well as corporate and institutional banking which includes treasury and trading services, specialised lending, funds and debt capital markets, institutional research, sales and trading, and advisory and equity capital markets. The Private Banking division offers products and solutions for transactional banking, foreign exchange, lending, deposits and investments.last_img read more

Botswana Diamonds plc ( HY2018 Interim Report

first_imgBotswana Diamonds plc ( listed on the Botswana Stock Exchange under the Mining sector has released it’s 2018 interim results for the half year.For more information about Botswana Diamonds plc ( reports, abridged reports, interim earnings results and earnings presentations, visit the Botswana Diamonds plc ( company page on AfricanFinancials.Document: Botswana Diamonds plc (  2018 interim results for the half year.Company ProfileBotswana Diamonds is a diamond exploration enterprise that has been operating in Botswana since the early 1980s. The United Kingdom-based enterprise is a spin-off of African Diamonds Plc and operates in Botswana, South Africa and Cameroon. The company has a successful track record in diamond discovery; having helped discover the Karowe Mine in Orapa which produces rare high-value stones. Botswana Diamonds also found a kimberlite mine in Botswana which is one of only 20 hard-rock diamond mines found outside Russia. The company operates in a joint venture with OJSC Alrosa (Russia) to explore 17 diamond-producing mines; and in a joint venture with Brightstone holds 13 prospecting licenses in the Orapa region which covers a total of 733 square kilometres. Botswana Diamonds Plc was founded in 2010 as a spin-off company of African Diamonds Plc, with its head office based in Dublin, Ireland.last_img read more

Stock market crash: What I’m doing about the falling Lloyds Bank, easyJet, and BT share prices

first_imgStock market crash: What I’m doing about the falling Lloyds Bank, easyJet, and BT share prices  Simply click below to discover how you can take advantage of this. 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. 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. Stock market crashes are great times to buy shares at low prices. But the market crash has come and gone. So, what does this say about those stocks whose prices are still falling? Consider stocks like the FTSE 100 banking biggie Lloyds Bank or even BT, whose share prices are still sagging. Or even one like the low-cost airline easyJet, which tumbled out of the FTSE 100 index.I think there are definitely hidden gems yet to be uncovered in the wake of the stock market crash. Finding them could make millionaires out of astute investors. The economy has shrunk sharply in the last quarter, which means that there are at least some pockets that are still facing the heat. Financials and travel are two examples of such sectors.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…Lloyds Bank share price could remain mutedThe pressure on financials is evident from the dismal recent results for banks. It’s no wonder then that the Lloyds Bank share price hasn’t seen any uptick. In fact, if anything the cancelling of dividends has pulled it down even further. Even with economic recovery likely over the remainder of 2020, I reckon that LLOY will remain under pressure. Bad debts, low interest rates, limited credit offtake, the possibility of another stock market crash, and Brexit uncertainty are just some of the stumbling blocks ahead for the bank. For now at least, I think there are better investment options to consider. BT share price can recover overtimeI’m less pessimistic about the FTSE 100 telecom company BT. For one, I think demand for its products and services, at a time when we are increasingly reliant on connectivity, can be expected to remain robust. I also like it for clarity on the future as reflected in the latest update. After this year of Covid-19, it expects to “return the business to sustainable adjusted EBITDA growth”. I expect, given its long-term dividend history, it can once again start generating dividends as well. I’ve already invested in BT. It’s not a profitable investment in the post-stock market crash times, but I’m not giving up on it just yet. I think there are better times in store for it. easyJet share price was a big stock market crash casualtyThe easyJet share price is another one that has seen better days. The trinity of lockdowns, stock market crash, and most recently, the recession, have been huge blows to the low-cost airline stock. When even legendary investors like Warren Buffett start selling aviation stocks, it doesn’t help. What does help is knowing that this share has a tendency to show very sharp and sudden movements. Admittedly, the present drop is glaring even by its own history. But these are atypical times. I think this company too will see better times as conditions return to normal. I hold easyJet shares too, and plan to continue doing so for the foreseeable future. For investors who like steadier stocks, however, especially after being burnt by the stock market crash, I think there are plenty of others to consider as well.  See all posts by Manika Premsingh Manika Premsingh | Wednesday, 19th August, 2020 center_img Manika Premsingh owns shares of BT GROUP PLC ORD 5P and easyJet. The Motley Fool UK has recommended Lloyds Banking Group. 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. “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

Mirco Bergamasco returns for Italy

first_img Back in the groove: Mirco Bergamasco lines up a kick at goal during last year’s World CupMIRCO BERGAMASCO will make his long-awaited return from injury and line up for Italy in their RBS 6 Nations match against Wales at the Millennium Stadium on Saturday.The winger’s return is one of seven changes made by coach Jacques Brunel from the side that lost to Ireland. In the forwards, prop Andrea Lo Cicero, lock Cornelius van Zyl and flanker Fabio Semenzato come back in.The half-back pairing has changed with Fabio Semenzato and Kris Burton starting at nine and ten respectively while Gonzalo Canale returns at outside-centre.Bergamasco has also defended Burton, who has been heavily criticised, along with Tobias Botes, for Italy’s goalkicking during the championship. Bergamasco was Italy’s regular kicker before injury ruled him out of the start of the Six Nations and he says: “Kris hasn’t messed up much so far. We mustn’t point the finger at the kickers we have now. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS “We’re working hard every day to try to do well every weekend. The important thing is to have competition between three or four kickers and on Saturday our kicking must be better.”ITALY TEAM TO PLAY WALES, SATURDAY 10 MARCH, MILLENNIUM STADIUM NOT FOR FEATURED 15. Andrea Masi14. Luke McLean13. Gonzalo Canale12. Alberto Sgarbi11. Mirco Bergamasco10. Kristopher Burton9. Fabio Semenzato1. Andrea Lo Cicero2. Leonardo Ghiraldini3. Lorenzo Cittadini4. Quintin Geldenhuys5. Cornelius Van Zyl6. Alessandro Zanni7. Simone Favaro8. Sergio ParisseReplacements:16 Tommaso D’Apice17 Fabio Staibano18 Marco Bortolami19 Robert Barbieri20 Tobias Botes21 Tommaso Benvenuti22 Giulio Toniolattilast_img read more

Bhubesi Pride 2013 update video and letter to RD from Mike Coogan

first_imgFriday Mar 29, 2013 Bhubesi Pride 2013 update video and letter to RD from Mike Coogan Bhubesi Pride 2013 is going well as sustainable change is taking place in every African village or town they visit. Today we catch up with the first part of the trip, and hear from one of the senior members, who first learnt about the intiative right here on RD. We’ve supported and been involved with the progression of Bhubesi Pride for almost three years now, helping where possible as one man’s vision has become a reality that has literally changed the lives, minds, and futures of all those involved.In the last two months the team have already coached hundreds of young African children, both male and female, and have empowered numerous members of teaching and support staff across Ethiopia, Kenya, and Rwanda.View more of the latest photos and updates at rugbyinafrica.orgToday we hear from team member Mike Coogan (pictured second from the right in the top photo), as he shares his experience with us, from the day he first heard about Bhubesi Pride.“Thank you, Rugbydump. In under one week you have made me smile so much my face hurt,” says Mike, a rugby coach from Dunstable with 25 years experience. “All those months ago when I started using your website for the latest news on whats happening in the rugby world, I happened to spot a video which showed a group of smiling children playing rugby, so curiosity got the better of me and I clicked play. “I did not know at the time but the next couple of minutes was going to change my life forever. “The video was from a Bhubesi Pride trip to one of the many schools they coach rugby at, and it was asking if it was something I wanted to do? I applied that same day.“The project founder Richard Bennett took me through several interviews and his enthusiasm for the project, together with his great sense of humour, convinced me I needed to join the 2013 team.“The rest is history as they say and here I am in a remote village, sitting under an Ethiopian sky next to an Ethiopian archaeological dig dating back to 2,000 years before Christ, with a Frenchman, American, Mexican, South African and two fellow Brits.“In my wildest dreams I could never imagine this. “Once again thank you Rugbydump, not just for your fantastic website (which any aspiring coach should visit), but for helping to make a dream come true.” – Mike CooganVisit to follow their latest updates, photos and blogs, and apply for 2014They still have a long way to go, so catch up with project progress below and please leave a comment of support for the guys as they are doing wonderful work all through Africa.ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Bhubesi Pride Foundation Related Articles 108 WEEKS AGO Change lives through coaching Rugby in beautiful… 188 WEEKS AGO Meet Tom Chaloba, Zambian Rugby Inspiration… 204 WEEKS AGO Jacques Burger coaches with the Pride in… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living10 Types of Women You Should Never MarryNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

32 Fadura Dwellings / Erredeeme

first_img Spain ArchDaily Save this picture!© Francisco BerreteagaRecommended ProductsSuspension SystemsMetawellAluminum Panels for Ceiling SailsEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsMetallicsTECU®Copper Surface – Classic CoatedMetallicsKriskadecorMetal Fabric – Outdoor CladdingText description provided by the architects. The project is a freestanding building, 4 storeys high and 2 basement floors for parking, storage and technical rooms. The compactness and dual orientation of the dwellings are considered critical to the overall configuration, allowing a rhythm of urban scale, which defines the project consistent with the existing profile in the population.Save this picture!First Level Floor PlanThe block consists of 32 dwellings with three cores of staircases and lifts, giving access to two and three apartments per floor, allowing a double orientation for all the dwellings. The roof is pitched without eaves. Finally, urbanization is reduced. Outside the perimeter of the facade there are garden areas and a small hard irregular surface as a path with street furniture. There is also a swimming pool and a sports area for homeowners within the private garden areas. Save this picture!© Francisco BerreteagaProject gallerySee allShow lessMaison Simon / Mathieu Noël & Élodie Bonnefous architectesSelected ProjectsAbrante Lookout / Jose Luis Bermejo MartínSelected ProjectsProject locationAddress:Getxo, Biscay, SpainLocation to be used only as a reference. It could indicate city/country but not exact address. Share 32 Fadura Dwellings / ErredeemeSave this projectSave32 Fadura Dwellings / Erredeeme Architects: Erredeeme Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOr Clipboard ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Apartments “COPY” 2013 Save this picture!© Francisco Berreteaga+ 26 Share Year:  Projects CopyAbout this officeErredeemeOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsGetxoSpainPublished on January 11, 2014Cite: “32 Fadura Dwellings / Erredeeme” [32 Viviendas Fadura / Erredeeme] 11 Jan 2014. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogFaucetshansgroheKitchen MixersVinyl Walls3MExterior Vinyl Finish – DI-NOC™ Fine WoodPartitionsSkyfoldVertically Folding Operable Walls – Zenith® SeriesCultural / SportsPENT FitnessFitness Equipment – BANKA™ Weight BenchSignage / Display SystemsGoppionDisplay Case – B-ClassConcreteKrytonCrystalline Waterproofing – KIMMetal PanelsTrimoQbiss One in OfficesBricksFeldhaus KlinkerFacing Bricks – Waterstruck VascuWood Boards / HPL PanelsInvestwoodViroc Nature for FurnitureCurtain WallsMetawellFacades – Aluminum Curtain WallsHeatingFocusFireplaces – PaxfocusPatios / TerracesGlas MarteGlass Pavilion – GM Pavillon360More products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream CopyApartments•Getxo, Spain “COPY” 32 Fadura Dwellings / Erredeemelast_img read more

Conservatives raise twice as much as Labour in first week of campaign

first_imgIn the first week of the election campaign the Liberal Democrats raised £25,000, including two donations of over £5,000. They were followed by Respect – The Unity Coalition, which raised £20,000, including two £5,000+ donations), and the United Kingdom Independence Party which also raised £20,000, including one donation of over £5,000.The Electoral Commission will be publishing five weekly reports on donations to the political parties until polling day.It publicises details of who the larger donors are to each party. For example, Roger Nagioff, chief operating officer of Lehman Brothers Holdings Inc.’s European operations, doanted £10,000 to the Conservatives, and Philip Gwyn, chairman of Christie Group Plc, donated £50,000 to them. 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. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 21 April 2005 | News The Conservative Party has raised twice as much as the Labour Party in the first week of the general election campaign, according to figures from the Electoral Commission.In the week of 5 – 11 April 2005 the Conservative Party raised £362,500 compared to the Labour Party’s £165,927. The Conservatives received 14 donations of over £5,000 in this period, compared to Labour’s eight.According to the Political Parties, Elections and Referendums Act 2000 (PPERA) all donations over £5,000 to main political party offices must be reported weekly to the Electoral Commission. Advertisement  19 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Conservatives raise twice as much as Labour in first week of campaignlast_img read more

1 in 8 charities spending 3 working days a week on grant applications

first_img  765 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis5 Melanie May | 13 October 2020 | News Tagged with: Funding grants research One in eight charities have reported spending three working days a week or more on grant applications since March this year, according to research by funding platform Brevio.This, it says, equates to over £20,350 a year in potential staff time per charity and a collective cost of £442 million annually for the sector.Despite this, over half (51%) of those who responded to Brevio’s online poll of 1,002 third sector organisations, have seen a decrease in their success rate compared with last year. Potential reasons include an increase in competition for grants (stated by 23%) and fewer human resources to complete grant application forms (12%).Of those who responded, over three quarters believe that the grant making system needs to be modernised, with 80% saying they do not believe the current grant application system is operated on a level playing field.Many believe the current grant application process works in favour of well-established charities (57%), those with well-connected people on their boards, and those in large cities.In addition, one in eight (12%) feel the grant making process discriminates against organisations led by people from ethnic minority backgrounds; and 13% also feel it discriminates against organisations that focus on issues/ causes that concern smaller parts of the population.Of those who answered, nearly half of respondents (44%) believe there should be a simplified and centralised application system, similar to UCAS for university applications, to avoid having to repeat and gather similar details for every application.Commenting on the findings Marcelle Speller OBE, founder of Brevio, said:“The pandemic has brought into sharp relief what funders and charities have known for years: the current grant model soaks up too much valuable time, energy, and ironically, money. With many charities now battling for their very existence, it’s clear we need to grasp the nettle and begin to create a level playing field that will help brilliant organisations across Britain do what they do best in their communities and beyond.” Advertisement 1 in 8 charities spending 3 working days a week on grant applications  764 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis5 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

American Gastroenterological Association Endorses the IBD Clinical Decision Support Tool (CDST) Developed by the…

first_img Pinterest American Gastroenterological Association Endorses the IBD Clinical Decision Support Tool (CDST) Developed by the US IBD Health Outcomes Consortium WhatsApp By Digital AIM Web Support – February 18, 2021 VOORHEES, N.J.–(BUSINESS WIRE)–Feb 18, 2021– The American Gastroenterological Association (AGA) has officially endorsed a novel Clinical Decision Support Tool (CDST) designed for healthcare providers managing patients with IBD who need evidence-based guidance on biologic therapy selection. Creation of the web-based tool was conceived of and led by Parambir Dulai, MD, an Assistant Professor at the UC San Diego School of Medicine, and the lead investigator of the US IBD Health Outcomes Consortium, a network of leading IBD treatment centers across the country. This press release features multimedia. View the full release here: “Earning the AGA’s endorsement is important because it underlines the importance of this tool for clinicians who previously didn’t have an easy way to choose the right biologic for the right patient,” noted Dulai. “In my research over the past 10 years, the preponderance of data collected from patients indicated that a tool developed in this way could improve point of care decision-making and, ultimately, patient outcomes.” Dr. Dulai built the tool using data from pivotal Phase 3 clinical trial programs for drug development, and validated it in a large real-world data set of IBD patients from the Consortium database. Since its launch in December 2019, the CDST has been used by clinicians in over 2,300 sessions with patients across desktop and mobile devices. Available for free to practicing clinicians, new users can gain immediate access to the tool here: CDST for IBD Biologics “This new CDST, built upon Dr. Dulai’s research, will dramatically improve the way clinicians select biologics for their patients,” explains Kenny Cox, Vice President at ArcheMedX, the learning technology company overseeing the technical build. “By building a predictive model into the platform, we can better equip clinicians with critical data, like the probability of achieving clinical remission, how quickly response will be seen, and considerations for follow-up and drug concentration monitoring. Clinicians simply answer prespecified questions regarding their patient’s extent of disease, exposure to anti-TNF therapy, laboratory values, and surgical history, and at that point, the platform’s predictive modeling takes over.” The tool was launched in tandem with a broader national education initiative supported by an independent educational grant from Takeda Pharmaceuticals U.S.A., Inc., and developed by RMEI Medical Education, an accredited provider of continuing education. Focused on clinicians practicing in gastroenterology and primary care, over 4,000 clinician learners have participated in the educational content to date. “Why this is important to patients with IBD might seem obvious,” said Sherri Kramer, MD, Senior Medical Director at RMEI, “since clinicians who receive IBD-related training and education, tailored to specific drivers of educational need, tend to improve the care they deliver to their patients. Our goal at RMEI is to improve their skills at assessing risk of IBD disease complications and implementing early and effective therapy.” Available for free to practicing clinicians, the accredited education activities in this initiative are available at: CE Curriculum Landing Page About the AGA Institute The American Gastroenterological Association is the trusted voice of the GI community. Founded in 1897, the AGA has grown to more than 16,000 members from around the globe who are involved in all aspects of the science, practice, and advancement of gastroenterology. The AGA Institute administers the practice, research and educational programs of the organization. For more information, visit About ArcheMedX ArcheMedX helps life sciences, healthcare organizations, medical education companies, and medical associations to better equip, evaluate, and predict clinician and team performance. Our flagship product, Ready, uses behavioral science to improve how individuals learn and retain information, leading to accelerated development and adoption of new clinical treatments and best practices. For more information, visit About RMEI Medical Education RMEI Medical Education, LLC (RMEI), founded in 2005, is jointly accredited by the Accreditation Council for Continuing Medical Education (ACCME), the Accreditation Council for Pharmacy Education (ACPE), and the American Nurses Credentialing Center (ANCC), to provide continuing education for the healthcare team. The mission of RMEI is to create sustainable evidence-driven change in healthcare delivery through independent educational interventions that engage the multidisciplinary healthcare team and patients at the global, national, and local level, demonstrating real-world results through data analytics. For more information, visit View source version on Dave Clausen, 856-672-3152,[email protected] KEYWORD: NEW JERSEY UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE RESEARCH MANAGED CARE PHARMACEUTICAL TECHNOLOGY CONTINUING EDUCATION CLINICAL TRIALS SCIENCE NURSING PRACTICE MANAGEMENT HEALTH SOURCE: RMEI Medical Education, LLC Copyright Business Wire 2021. PUB: 02/18/2021 10:45 AM/DISC: 02/18/2021 10:45 AM Twitter Pinterest Facebookcenter_img TAGS  Facebook Twitter Local NewsBusiness WhatsApp Previous articleSabonis, Brogdon lead Pacers past Timberwolves 134-128 in OTNext articleGrupo de Veículos da Eaton Lança Projeto, Desenvolvimento e Fabricação de Sistemas de Engrenagens E-Drive para Veículos Elétricos Digital AIM Web Supportlast_img read more

Forbearance Activity Tracker Shows Uptick

first_imgHome / Daily Dose / Forbearance Activity Tracker Shows Uptick Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Forbearance activities rose by 1% this past week, says researchers at Black Knight, which tracks forbearances by the week.”We saw the number of mortgages in active forbearance rise by 31,000,” they said. “This increase was driven by limited extension and removal activity, along with an increase in forbearance starts. There were 50,000 forbearance removals this week, the lowest of any week during the recovery, while the 89,000 extensions were the fewest we’ve seen in nine weeks. We also saw about 33,000 new forbearance plans begin.”Black Knight’s McDash Flash data breaks down forbearances by FHFA, FHA, and other types of loans:For the month, initiated forbearance plans are up 15% in October compared to the month prior.”The rise driven by borrowers reactivating previously expired plans,” Black Knight reported. “New forbearance activations are down 7% from September, while re-activations are up 50%. This is most likely in reaction to the large volume of plans than were removed early in the month.”The report, updated each Friday, continued: “As of Oct. 27, the number of active forbearances has ticked back up over 3 million again for the first time since early October, representing approximately 5.7% of all active mortgages, up from 5.6% from last week. Together, they represent $619 billion in unpaid principal.”Almost 4% of all GSE-backed loans and 9.7% of all FHA/VA loans are now in forbearance plans.Reportedly, “Another 5.7% of loans in private label securities or banks’ portfolios are also in forbearance. Since last week, GSE forbearances have declined by 1,000, while FHA loans saw an increase of 14,000, with a jump of 18,000 among loans held in banks’ portfolios and private label securities. Of the just over 3 million loans still in active forbearance, more than 80% have had their terms extended at some point since March.””With 365,000 forbearance plans still set to expire in October, we could see increased levels of extension and removal activity in the coming weeks,” Black Knight reported. Check the blog weekly for new information. 2020-10-30 Christina Hughes Babb Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, News Related Articles Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly,, Dallas Observer, Edible, and the Dallas Morning News, among others. The Week Ahead: Nearing the Forbearance Exit 2 days agocenter_img Forbearance Activity Tracker Shows Uptick Previous: A Snapshot of FHFA’s Affordable Housing Goals Next: DS5: ‘Leveraging Technology’ in the Housing Industry October 30, 2020 1,343 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days ago About Author: Christina Hughes Babb The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily last_img read more