Wells Fargo Terminates Ocwen from Mortgage Servicing Deal

first_imgHome / Daily Dose / Wells Fargo Terminates Ocwen from Mortgage Servicing Deal in Daily Dose, Featured, News, Secondary Market Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: mortgage servicing rights Ocwen Wells Fargo Ocwen Financial Corp., the nation’s largest non-bank, non-government mortgage servicer, is losing the mortgage servicing rights in two bond deals, according to a report from Bloomberg on Thursday.The trustee for the deals, Wells Fargo, sent notices to bondholders informing them that Ocwen was being terminated, according to the report. Wells Fargo had solicited instructions from investors on how to proceed when downgrades of Ocwen’s ratings triggered defaults in the bonds. The San Francisco-based megabank said most investors had instructed it to terminate Ocwen from the transaction, according to the report.Wells Fargo said in the notices to stakeholders that the bank intended to transfer the servicing rights on the bonds to a unit of Credit Suisse Group AG, and Nomura analysts reported that ratings firms would need to approve Wells Fargo’s choices, the report said.”We regret the decision made by this particular group of investors who have been critical of Ocwen’s superior loan modification results, but are pleased that in the majority of the affected securities investors are keeping Ocwen as their servicer,” said Ron Faris, President and CEO of Ocwen, in a prepared statement. “We were also gratified to see reports earlier this week by Morgan Stanley and reported by Bloomberg confirming Ocwen has been more effective at keeping borrowers in their homes, and it is unlikely that investors will replace Ocwen in the small percentage of cases where the servicer ratings have fallen below the minimum criteria set forth in certain PSAs.”A spokesperson from Wells Fargo declined to comment.Ocwen’s regulatory troubles over its servicing practices have been well-chronicled in the last two years. Alleged servicing violations have resulted in Ocwen settling for $150 million with the New York Department of Financial Services in December and $2.5 million with the California Department of Business Oversight in January.Early in 2014, Wells Fargo agreed to sell $39 billion worth of mortgage servicing rights to Ocwen. In February 2014, that transaction was put on hold indefinitely by the head of the New York DFS, Benjamin Lawsky. Nine months later, in November 2014, Wells Fargo and Ocwen mutually agreed to call off the deal. Also in November, Lawsky’s office reported that a two-year investigation of Ocwen found that the Atlanta-based servicer had sent backdated foreclosure notices to about 7,000 borrowers after it was too late for them to obtain a loan modification. Lawsky’s investigation led to the $150 million settlement, an agreement which also included the departure of Ocwen chairman Bill Erbey, who founded the firm in the mid-1980s.Earlier this week, Ocwen announced it was selling an MSR portfolio worth about $9.8 billion to Dallas-based Nationstar. mortgage servicing rights Ocwen Wells Fargo 2015-02-26 Brian Honea Sign up for DS News Daily 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. Previous: DS News Webcast: Friday 2/27/2015 Next: Clayton Holdings Hires New COO February 26, 2015 3,109 Views Data Provider Black Knight to Acquire Top of Mind 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 Demand Propels Home Prices Upward 2 days ago  Print This Post About Author: Brian Honea Wells Fargo Terminates Ocwen from Mortgage Servicing Deal Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articleslast_img read more

FSOC Recommends GSEs Continue Spreading Mortgage Credit Risk Across Private Market

first_img Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: Forecast Calls for Moderate Economic Growth; Housing Gaining Momentum Next: DS News Webcast: Friday 5/22/2015 Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago  Print This Post Share Save Fannie Mae FHFA Financial Stability Oversight Council Freddie Mac FSOC Mortgage Credit Risk 2015-05-21 Brian Honea The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: Fannie Mae FHFA Financial Stability Oversight Council Freddie Mac FSOC Mortgage Credit Risk Home / Daily Dose / FSOC Recommends GSEs Continue Spreading Mortgage Credit Risk Across Private Market May 21, 2015 835 Views 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. in Daily Dose, Featured, Government, News Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago In its annual report released earlier this week, the Financial Stability Oversight Council (FSOC) recommended that the Federal Housing Finance Agency (FHFA) continue to encourage Fannie Mae and Freddie Mac to spread mortgage credit risk across the private market.The FSOC noted in its report that the GSEs have engaged in risk-sharing with market participants in the past year, thus reducing their exposure to mortgage credit risk. The Council recommended a further reduction in the GSEs’ retained portfolios, particularly in the area of less liquid assets, by using measures that do not interfere with mortgage market stability or restrict credit access. The GSEs’ retained portfolios declined by almost 14 percent in 2014.The Council also noted that the FHFA and HUD have been working with the Federal Housing Administration (FHA) and the GSEs in the last few years to clarify the requirements for originators to buy back loans backed by the GSEs and the FHA. At the same time, however the FSOC recommended that the FHFA, Treasury, and HUD work with participants in the mortgage market to clarify their representations and warranties policies, citing “uncertainty regarding repurchase requirements as a major driver of their credit policies for GSE and FHA loans, which are often more conservative than these institutions require.”The annual report was the Councils’ fifth, and it was unanimously approved earlier this week. Among the agencies that are represented on the FSOC that helped draft the annual report include Treasury, the Federal Reserve, the Office of the Comptroller of the Currency, the SEC, the FDIC, the Commodity Futures Trading Commission, the FHFA, and the National Credit Union Administration. Click here to view the entire annual report.Fannie Mae and Freddie Mac were taken into conservatorship by the FHFA in September 2008 after receiving a taxpayer bailout of $187.5 billion in order to continue operations. The two GSEs returned to profitability in 2012 but the controversial conservatorship continues, with many analysts stating they do not see it ending in the foreseeable future. FSOC Recommends GSEs Continue Spreading Mortgage Credit Risk Across Private Market Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Brian Honea Subscribelast_img read more

The Week Ahead: Summit on Housing, Human Capital, and Inequality

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago HOUSING 2017-06-18 Brianna Gilpin This Weeks Schedule:Current Account Deficit, Monday 8:30 a.m. ESTMBA Mortgage Applications, Wednesday 7 a.m. ESTExisting Home Sales Report NAR, Wednesday 10 a.m. ESTFreddie Mac Weekly Mortgage Survey, Thursday 10 a.m. ESTFHFA House Price Index, Thursday 9 a.m. EST The Week Ahead: Summit on Housing, Human Capital, and Inequality Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / The Week Ahead: Summit on Housing, Human Capital, and Inequality Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Brianna Gilpin Demand Propels Home Prices Upward 2 days ago This Friday, Cleveland Federal Reserve Bank President Loretta Mester will be speaking at The Policy Summit on Housing, Human Capital, and Inequality: Transforming Regional Economies—Growth and Equity through Policy and Practice.The Summit is focusing on economic growth during the continued recovery after the Great Recession. According to the Federal Reserve Bank of Cleveland, it is important to understand how economic growth can more equitably benefit low- and moderate-income individuals and communities.Mester will be doing the closing address at the Policy Summit. Servicers Navigate the Post-Pandemic World 2 days ago Related Articles The Best Markets For Residential Property Investors 2 days ago Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago June 18, 2017 996 Views Demand Propels Home Prices Upward 2 days ago  Print This Post Previous: Potestivo & Associates Announces New Partners Next: Purdy Selects FotoNotes as Technology Solution Share Save Tagged with: HOUSING Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] last_img read more

Five Minutes With: Auction.com EVP of Client Management Ali Haralson

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago November 15, 2017 2,213 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Tagged with: Five Minutes With HOUSING mortgage Demand Propels Home Prices Upward 2 days ago  Print This Post Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Five Minutes With HOUSING mortgage 2017-11-15 Nicole Casperson Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech’s College of Media and Communications. Her thesis will be published by the International Communication Association this fall. To contact Casperson, e-mail: [email protected] in Daily Dose, Featured, Headlines, Print Featurescenter_img Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: Household Debt on the Rise Next: House Wraps Up Tax Bill Editor’s note: This story originally ran in the November edition of DS News, out now. Our editors caught up with Auction.com EVP of Client Management Ali Haralson to learn what real estate trends she feels will make the largest impact as we close out 2018. Haralson is responsible for growing market share for Auction.com while helping its clients find optimal solutions associated with distressed assets, leading to improved financial outcomes and a reduction in neighborhood blight. With more than 20 years’ proven experience in the mortgage servicing industry, Haralson answered our questions about the changes we’re seeing in third-party sales of distressed real estate.What changes are real estate marketplaces currently witnessing in relation to third-party foreclosure sales?Over the past year, we’ve witnessed the majority of distressed markets become more stabilized, as we approach what many feel like is the tail end of the mortgage crisis. With this, the market has begun to normalize relative to the number of assets undergoing the foreclosure process. This stabilization of the market has shifted the focus from liquidating assets to ensuring that they are being sold in an optimal way. Both sellers and buyers are keen to know more about the process itself.For much of the country, this normalization represents the new—or returning—normal, but we also see areas where volumes remain high. To balance this dichotomy, we employ a foreclosure sale strategy that creates more transparency into the foreclosure process, while also enabling a swift and compliant sale execution, with Auction.com marketing the asset, conducting the sale, or educating buyers on what to expect in the auction environment. What role does Auction.com play related to the foreclosure sale and how is it expanding its presence?Auction.com gives foreclosure sale buyers and sellers much more clarity around the process so they are better equipped to succeed in these environments. The traditional foreclosure sale process is fraught with shortcomings that often leave buyers in the dark on the status of properties for auction, or the relevant information needed to properly bid on these assets. We address this through a combination of strategies: First, we invest heavily into integrating resources such as photos, home disclosure reports, tax lien information, and more into our platform, enabling buyers to bid in confidence with a greater level of transparency into the asset. Second, we leverage display advertising, search engine marketing, and optimization to focus marketing geographically within the buyer’s preferred region. Third, based on the buyer’s prior activity on our site, we can recommend appropriate properties of interest based on specific buyers’ established purchase history; and finally, based on the buyer’s Google and/or social media searches and through our live learning events, we provide educational information along with property and market information to help further educate the buyer.Additionally, in each of the 3,100 counties we operate in, we have partnerships with local resources such as law firms, sheriff’s offices, and contractors that provide perspective into the local market and what works (and doesn’t) within these areas. We currently conduct or market properties in all 50 states, which enables us to provide an optimal auction experience when paired with our web platform which serves as an information hub to help drive the process. So, we not only provide the data intelligence that established buyers and sellers need to gain confidence to bid and sell, but we also create a welcoming environment for newcomers through our education programs. This, in turn, fosters healthy levels of competition in the marketplace, which keeps pricing at or above market levels.  How do you manage the relationships with local stakeholders, such as county sheriff’s, law firms, to benefit sellers? Auction.com’s relationship with these local partners is invaluable and perhaps the biggest single motivating factor for them to work with us is the impact of our marketplace on stabilizing neighborhoods. No one wants to see neighborhoods filled with empty or boarded-up houses. Our marketplace is a proven way to combat this and help their communities grow and succeed and local intelligence is the key. The law firms, sheriffs, and contractors we work with provide firsthand insight into the state of the local market and what buyers and sellers in the areas are looking for. Since we started this initiative, we have witnessed a significant increase in bidders, which has resulted in better sales processes and prices. This model is proven to help local real estate markets across the nation stabilize sooner. What should sellers do if they want to take advantage of your Foreclosure Sale Program? Sellers should seek out a competitive and thriving marketplace, one that is able to sustain their needs and provide a marketing reach that creates the maximum amount of views possible, in order for it to be sold at a true market price. Just as with Amazon or eBay, sellers benefit when the marketplace provides data intelligence that allows them to better understand what buyers are looking for and what they need to do to reach them. As the largest real estate marketplace with more than 3 million registered users, 40,000 active assets, and over $33 billion in sales, we work to ensure that each of our sellers is well-equipped to engage in the process. What do you find to be some of the most rewarding aspects of your role? It’s wonderful being part of an organization that is absolutely dedicated to making things transparent for buyers, sellers, and everyone involved in the complicated world of foreclosure sales. We all wake up every day and all we think about is auction and how to sell more properties with maximum execution. I am honored every day to be working with what I believe is the industry’s most dynamic team of well-educated, experienced real estate professionals and the reward comes when we see the positive impact our work is having on communities nationwide. 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 About Author: Nicole Casperson Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Five Minutes With: Auction.com EVP of Client Management Ali Haralson Home / Daily Dose / Five Minutes With: Auction.com EVP of Client Management Ali Haralsonlast_img read more

Reviewing the State of Mortgage Servicing

first_img May 28, 2020 1,440 Views Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Previous: Additional 2.1M Americans File For Unemployment Next: DS5: The Assistance Servicers Need Reviewing the State of Mortgage Servicing Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Reviewing the State of Mortgage Servicing 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. Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img The entire world is feeling the brunt of the COVID-10 pandemic, and with many out of work, the mortgage and housing markets are no exception. In a recent webinar, Five Star Global President and CEO Ed Delgado delivered a “state of the industry” update on sales and home price trends, forbearances, and the REO market.Using data from the Bureau of Labor Statistics, Delgado noted that, due to recent record high unemployment levels, 12 years of job recovery had been “wiped out.” However, he added that things could have been even worse if not for the strong economy in place at the beginning of the crisis. Moving forward, Delgado explained that he is anticipating a “W-shaped” recovery, aka a “double-dip recession” with two downturns leading to final recovery.”It’s not going to be the brief blip on the screen,” Delgado said. “I don’t think we’re going to be out of this in six months. I think it will be closer to 12.” That anticipated slow recovery will extend to the mortgage servicing market as well, Delgado explained.According to Black Knight, 3.6 million homeowners were past due on their mortgage at the end of April, up by 1.6 million month-over-month. Approximately 4.5 million homeowners were in forbearance plans as of May 19, representing 19% of all mortgages.While some servicers may be receiving liquidity assistance due to the loss from forbearances, nonbanks are still facing shortfalls related to these plans. Ginnie Mae responded by approving a servicer liquidity facility, and the FHFA has approved the purchase of previously ineligible mortgages in forbearance by Fannie Mae and Freddie Mac.The housing market is expected to be further complicated by the hurricane/wildfire season overlapping with COVID-19. Delgado questioned how the industry playbook for natural disaster response will be impacted by social distancing and the work-from-home environment.”We haven’t felt the full force of the impact COVID-19 has had on the economy, and the recovery will be protracted,” Delgado stated. Share Save COVID-19 Disaster Servicing 2020-05-28 Seth Welborn Tagged with: COVID-19 Disaster Servicing Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Market Studies, News The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily last_img read more

Frontline Workers Struggling to Attain Housing

first_img Frontline Workers Struggling to Attain Housing Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago An analysis of data collected by the Urban Land Institute’s (ULI) Terwilliger Center for Housing has found that middle-income frontline workers are having a particularly tough time in finding attainable homes nationwide. The ULI Terwilliger Center’s 2021 Home Attainability Index identified gaps in home attainability nationwide, highlighting the occupations that have been impacted the most by the COVID-19 pandemic.The Index provides a snapshot of the housing market providing a range of choices attainable to the regional workforce, with a focus on issues related to racial, socioeconomic, and intraregional disparities and inequities.Some highlights of the Index include:The most severe cost burdens among middle-income households are predominantly found in the most populous regions;There is a lack of attainable homes for critical members of the workforce, not limited to the nation’s most vibrant metropolitan economies;There is a national struggle for lower-income households to find attainable rental units; andSegregation–both by income and race–cutting across market types and geographies, with high housing costs threaten to worsen racial and socioeconomic disparities.The study included an Occupational Analysis, which compares the amount needed to afford various housing types with the median amounts earned by various occupations in each region. In light of the pandemic, 12 impacted occupations were selected to demonstrate whether there is a surplus (a household earns more than necessary to afford the given housing type without being cost-burdened) or a gap. The occupations fell into three broad categories that could face heightened risks: Healthcare workers, frontline workers, and workers with an elevated risk of income disruption.“Patterns of housing insecurity and racial and socioeconomic inequality that existed prior to COVID-19 have been exacerbated by the pandemic and the associated economic downturn,” said Michael A. Spotts, author of the report and a Visiting Research Fellow with the ULI Terwilliger Center for Housing. “We are staring in the face of a situation in which many of the people who were critical in getting the population at large through this crisis face years of economic uncertainty and hardship as the country recovers. The Home Attainability Index will help to shine a light on where the main issues are, enabling us to find potential solutions to creating a more equitable society.”Among regions that were seen as relatively affordable:Toledo, OhioClevelandBirmingham, AlabamaCharlotte, North CarolinaSt. LouisCincinnatiScranton, PennsylvaniaLouisville, KentuckyWinston-Salem, North CarolinaConversely, nine metro areas struggled with affordability, but perform comparatively well on most equity measures, including:San DiegoLos AngelesRiverside, CaliforniaDenverPortland, OregonStockton, CaliforniaColorado Springs, ColoradoLas VegasSeattleClick here for more information about the ULI Terwilliger Center’s 2021 Home Attainability Index. Subscribe The Best Markets For Residential Property Investors 2 days ago Tagged with: Affordability COVID-19 Michael A. Spotts Urban Land Institute’s (ULI) Terwilliger Center for Housing Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Eric C. Peck Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Frontline Workers Struggling to Attain Housing Demand Propels Home Prices Upward 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Why Nonwhite Neighborhoods Could Face Increased Flood Risk Next: What the American Rescue Plan Means for Housing in Daily Dose, Featured, Journal, News March 15, 2021 1,139 Views Affordability COVID-19 Michael A. Spotts Urban Land Institute’s (ULI) Terwilliger Center for Housing 2021-03-15 Eric C. Peck Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com. last_img read more

Roads closed around Craigavon Bridge due to risk of old shirt factory collapsing

first_imgNewsx Adverts Twitter WhatsApp RELATED ARTICLESMORE FROM AUTHOR Pinterest Roads closed around Craigavon Bridge due to risk of old shirt factory collapsing NPHET ‘positive’ on easing restrictions – Donnelly Google+ Motorists in Derry are being advised to avoid the Foyle Road and John Street area of the city due to the possible collapse of the former Hamilton Shirt Factory which is now in a dangerous state because of a collapsed wall.Road closures and diversions have been put in place  this evening to ensure the safety of the public. Traffic will not be allowed in the area until further notice, and drivers should use Foyle Bridge when possible.Derry City Council has closed Foyle Road from the lower deck of the Craigavon Bridge to the John Street Roundabout to through traffic, with diversions will be necessary around the lower deck of Craigavon Bridge and drivers are urged to comply with traffic signage. Previous articlePSNI say extensive investigation found no evidence of Waterside explosionNext articleDonegal investors conned out of 1 million euro in ‘Ponzi scheme’ News Highland WhatsApp Google+center_img Help sought in search for missing 27 year old in Letterkenny Facebook Facebook By News Highland – January 12, 2012 Calls for maternity restrictions to be lifted at LUH 448 new cases of Covid 19 reported today Pinterest Three factors driving Donegal housing market – Robinson Twitter Guidelines for reopening of hospitality sector publishedlast_img read more

West Tyrone MLA concerned at DOJ security breach

first_imgNewsx Adverts Pinterest RELATED ARTICLESMORE FROM AUTHOR PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Dail hears questions over design, funding and operation of Mica redress scheme Facebook By News Highland – August 22, 2011 West Tyrone MLA concerned at DOJ security breach Previous articleLYIT Director happy with application levelsNext articleCalls for Medical School at Magee Campus in Derry News Highland Google+ Google+ WhatsAppcenter_img HSE warns of ‘widespread cancellations’ of appointments next week Twitter Twitter Pinterest There’s been a major security breach potentially affecting over 6 thousand former part time RUC officers.All former part timers are receiving a one off gratuity for their services, one of them is West Tyrone MLA Ross Hussey.However, he says details of what the letter refers to are clearly visible through the windows on the envelopes.Mr Hussey, a member of the Ulster Unionist party, says Justice Minister David Ford needs to address the issue as a matter of urgency……….[podcast]http://www.highlandradio.com/wp-content/uploads/2011/08/rossh1pm.mp3[/podcast] Man arrested in Derry on suspicion of drugs and criminal property offences released Man arrested on suspicion of drugs and criminal property offences in Derry WhatsApp Facebook Dail to vote later on extending emergency Covid powers last_img read more

Fire at farm in Co.Derry ruins family business

first_imgNews HSE warns of ‘widespread cancellations’ of appointments next week PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Facebook Twitter A fire at a farm in Co Derry has left a families business in ruins.The blaze forced families to leave their homes after a 50ft fire took hold at farm buildings in Garvagh.At least four families were evacuated at 5am on Saturday morning while seven fire engines tackled the blaze at out-buildings on Carrowreagh Road in Garvagh.Police have confirmed they are treating the blaze as suspicious.SDLP East Derry MLA John Dallat, says he’s spoke to the family who owns the farm that was burnt, and he says the they’re devastated.[podcast]http://www.highlandradio.com/wp-content/uploads/2010/03/dallat.mp3[/podcast] WhatsApp WhatsApp Previous articleDissident Republicans attempt to hijack bus in DerryNext articleCalls for An Post and Royal Mail to improve cross-border postage News Highland Google+ By News Highland – March 15, 2010 Google+center_img Twitter Fire at farm in Co.Derry ruins family business Pinterest RELATED ARTICLESMORE FROM AUTHOR Dail hears questions over design, funding and operation of Mica redress scheme Dail to vote later on extending emergency Covid powers Man arrested on suspicion of drugs and criminal property offences in Derry Man arrested in Derry on suspicion of drugs and criminal property offences released Pinterest Facebooklast_img read more

Low Donegal uptake of Credit Review service

first_img Pinterest Twitter Twitter Google+ Low Donegal uptake of Credit Review service By News Highland – December 3, 2011 Newsx Adverts HSE warns of ‘widespread cancellations’ of appointments next week WhatsApp It’s emerged that only two applications from Donegal have been made to the Credit Review Office since it was set up last year.The office allows individuals or businesses appeal unsuccesful loan applications. So far, it has processed over 100 cases, and overturned the banks’ decisions in 55% of them.However, when Donegal North East Deputy Joe Mc Hugh made enquiries, he was told only two of those applications have been from Donegal.Deputy Mc Hugh says there needs to be more awareness of this service Facebook Google+center_img Man arrested on suspicion of drugs and criminal property offences in Derry Dail hears questions over design, funding and operation of Mica redress scheme Previous articleMan in court on cannabis cake chargesNext articleU-21 final postponed due to tragedy News Highland RELATED ARTICLESMORE FROM AUTHOR WhatsApp Man arrested in Derry on suspicion of drugs and criminal property offences released Dail to vote later on extending emergency Covid powers Facebook Pinterest PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal last_img read more