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Ginnie Mae MBS Outstanding Issuance Approaches $2 Trillion

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Home / Daily Dose / Ginnie Mae MBS Outstanding Issuance Approaches $2 Trillion in Daily Dose, Featured, Government, Headlines, Journal, News  Print This Post Sign up for DS News Daily Ginnie Mae MBS Mortgage-Backed Securities 2018-02-15 David Wharton Demand Propels Home Prices Upward 2 days ago Tagged with: Ginnie Mae MBS Mortgage-Backed Securities The Best Markets For Residential Property Investors 2 days ago About Author: David Wharton Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: FEMA Aid for Some Displaced Puerto Ricans Running Out Next: The Industry Pulse: Updates on Mr. Cooper, Black Knight, and More … Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Ginnie Mae MBS Outstanding Issuance Approaches $2 Trillion February 15, 2018 4,309 Views Servicers Navigate the Post-Pandemic World 2 days ago On Thursday, Ginnie Mae—the government-owned corporation that attracts global capital into the housing finance system—announced that issuance of its mortgage-backed securities (MBS) totaled $36.41 billion in January 2018. This brings Ginnie Mae’s total outstanding principal balance to $1.924 trillion, up from January 2017’s total of $1.786 trillion. Ginnie’s MBS issuance for FY 2018 to the end of January totaled $153.419 billion.Ginnie’s January’s issuance included $34.611 billion of Ginnie Mae II MBS and $1.795 billion of Ginnie Mae I MBS. Together, they “provided access to $36.834 billion in capital for single-family home loans and $1.403 billion for multifamily housing.”The Fed is expected to continue working to shrink the agency’s balance sheet, including MBS issued by Fannie Mae, Freddie Mac, and Ginnie Mae. However, some believe even more drastic changes are needed for the GSEs. Ginnie Mae Acting President Michael R. Bright spoke before the House Financial Services Committee in November 2017, during which he discussed a paper he co-wrote with FHFA Acting Director Ed DeMarco in September 2016. It proposed reconstituting Fannie Mae and Freddie Mac as lender-owned mutuals and removing Ginnie Mae from the auspices of the Department of Housing and Urban Development, instead converting Ginnie into a standalone government corporation like the FDIC, “with authority over its own budget, hiring, and compensation.”However, Bright also had praise for Ginnie. “At a very high level, the Ginnie Mae wrap works because we do two things effectively,” Bright said. “First, we are transparent about our rules and our processes with our investors. And second, we work hard to police our program.”That second promise came into play last week, when Ginnie Mae notified a small number of issuers in the multi-issuer mortgage-backed security (MBS) pool to take steps to address churning in its MBS program. “Churning” is a process where a lender solicits an existing borrower to refinance their current mortgage for a better offer with a different or the same investor. Some lenders use this practice to refinance a loan multiple times and generate profits for lenders.“We have an obligation to take necessary measures to prevent the lending practices of a few from impairing the performance of our multi-issuer securities, and thus raising the cost of homeownership for millions of Americans,” said Bright. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save The Best Markets For Residential Property Investors 2 days agolast_img read more

Jordan Love, Nate Orchard on CFL Team Negotiation Lists

first_img Written by FacebookTwitterLinkedInEmailTORONTO-Wednesday, per an official report from the Canadian Football League and TSN, Canada’s sports leader, Utah State quarterback Jordan Love and former Utah star linebacker Nate Orchard are on negotiation lists of CFL teams.CFL negotiation lists consist of roughly 45 players whose rights are owned by any one of the nine CFL franchises. These lists consist of players who are in the NFL, in college, or currently North American pro football free agents.Love, who is excelling as a sophomore signal-caller for the Aggies, is on the negotiation list of the Edmonton Eskimos. Orchard, currently a free agent, is on the negotiation list of the Saskatchewan Roughriders.These mysteriously constructed lists also feature other notable players, such as Baltimore Ravens quarterback Lamar Jackson (the property of the BC Lions should he ever opt to play in Canada) and Alabama Heisman-candidate quarterback Tua Tagavailoa (the property of the Hamilton Tiger-Cats under the same circumstance). December 12, 2018 /Sports News – Local Jordan Love, Nate Orchard on CFL Team Negotiation Lists Tags: Edmonton Eskimos/Jordan Love/Lamar Jackson/Nate Orchard/Saskatchewan Roughriders/Tua Tagavailoa/Utah/Utah State Brad Jameslast_img read more

Lecturer, Computer Science and Engineering

first_imgPosition SummaryThe Department of Computer Science and Engineering ( CSE ) atUniversity at Buffalo (UB) invites candidates to apply for theposition of Lecturer. We are particularly looking for candidateswho can operate effectively in a team environment and in a diversecommunity of students and faculty and share our vision of helpingall constituents reach their full potential.Duties include teaching and development of computer science andcomputer engineering courses at both the undergraduate and graduatelevel; service which may include student advisement at theundergraduate level; industry internships; laboratory andinstrumentation upgrades; student excellence initiatives; ABETobjectives; diversity enhancement; and external educational grantsupport in collaboration with the CSE Undergraduate and GraduateStudies Committees.The Department of Computer Science and Engineering ( CSE ) offersBS degrees in computer science (accredited by the ComputingAccreditation Commission of ABET, https://www.abet.org), and incomputer engineering (accredited by the Engineering AccreditationCommission of ABET, https://www.abet.org), a combined 5-year BS-MSprogram, a minor in computer science, a Certificate inData-Intensive Computing, and several joint programs (BS inComputer Science/ MBA, BS in Computational Physics, BA in SocialSciences Interdisciplinary – Cognitive Science Concentration, BS inBioinformatics and Computational Biology – CSE concentration) aswell as MS and PhD programs in Computer Science &Engineering.The department currently has over 40 tenure-track faculty, 13teaching faculty and approximately 1,200 undergraduate majors, 550masters’ students and 160 PhD students. Over twenty junior facultymembers have been hired since 2010, and we are continuing toexpand. Two members of our faculty currently hold key universityleadership positions, and eight members of our faculty are IEEEand/or ACM Fellows. The department is well known for offeringexcellent collaborative and nurturing environment for faculty.Recently, a cohort of five junior faculty received the CAREER awardsin 2019, setting a national record.Our faculty members are actively involved in cutting-edge researchand successful interdisciplinary programs and centers devoted tobiometrics; bioinformatics; biomedical computing; computational anddata science and engineering; computer vision and multimediasystems; database systems; document analysis and recognition;programming languages; high performance computing; cybersecurity;embedded, networked and distributed systems; machine learning andartificial intelligence; connected and autonomous vehicles andsustainable transportation; and theory of computation. Our facultyhas excellent publication records over the years. Since 2015, thedepartment has moved up its rank to be among the top 40 oncsrankings.org, and is among the top 25 in two recent years (2017and 2019). During the same period, our research expenditure hasgrown from $4.5 million (for AY 2015-2016) to $6.3 million (AY2019-2020).The University at Buffalo (UB), a member of the prestigiousAssociation of American Universities ( AAU ), is the largest andmost comprehensive university in The State University of New York (SUNY ) system, with about 22,000 undergraduates and 10,000 graduateand professional students and 1600 fulltime faculty. The School ofEngineering and Applied Sciences has 7,300 students enrolled across9 academic departments.Buffalo is a city with a rapidly growing economy, eclecticneighborhoods, world-class art galleries and museums, a vibranttheater and music community, the Lake Erie waterfront, a city-widesystem of parks designed by renowned landscape architect FrederickLaw Olmsted, and major and minor league sports teams. Theawe-inspiring Niagara Falls is just 20 minutes away. The departmentis located on the UB North Campus in suburban Amherst, an area thatcombines outstanding public schools and services with asurprisingly low cost-of-living.The University at Buffalo is an affirmative action/equalopportunity employer (AA/ EOE ).Minimum QualificationsApplicants should have a MS degree in computer science, computerengineering or a related field with significant and relevantexperience beyond their MS degree. Degree must be conferred priorto appointment.Preferred QualificationsFor more information, click the “How to Apply” button.last_img read more

No more bomb threats

first_imgDear Editor,The new and emerging trend of bomb threats must be dealt with expeditiously and with some level of exigence. As a concerned citizen, student of the University of Guyana and employed within the semi-antonymous business field, I am calling on the relevant authorities – Guyana Police Force – to look into the root causes of such threats.I am concerned not just for the lives of innocent people, but particularly the thousands of student who were expose to the recent threats at the Nation’s University, QC, Bishops’ High, and most recently, the University of Guyana.These unlawful pranks appear to have some level of sequential pattern, which leads to the question; who is next?I also wish to suggest that all vulnerable and endangered Government agencies and Private Sector organisations/businesses, such as GPL Inc, the GRA, GWI must tighten their security checkpoints for the safety of their employees.Sincerely,DS McFarlanelast_img read more

South Africa ‘is going to surprise’

first_img4 December 2009 According to some of the world’s football greats, who have travelled from far and wide to Cape Town to attend the Final Draw for the 2010 Fifa World Cup™, what millions of people see on TV on Friday night and when they arrive in South Africa next year will come as a pleasant surprise. Brazilian football legend and former World Cup winner Cafu said he was more than impressed by what he had seen in South Africa since his arrival last month. “When I was in Brazil I thought [the Final Draw] would all be well organised, but I did not know it would be so well organised. I am honoured to be here and to be part of this week so far,” said the retired footballer who still holds the record for the most number of caps for Brazil – 143. But while Cafu has been surprised by what he has seen, former England great and World Cup Ambassador Gary Mabbut believes it is the travelling fans who will get the biggest surprise next year. “I have no doubt in my mind that the world will be surprised by what South Africa has to offer. We are going to give the world a big surprise and I don’t think the world is ready for it. I believe everybody is going to get a huge wake-up call when they see what South Africa is capable of,” Mabbut said. His sentiments were echoed by Jamaican Football Association president Captain Horace Burrell, who encouraged football fans to visit South Africa next year. “Come to South Africa. It is going to be an experience that you will never have expected. It is going to be fun. It is going to be filled with laughter. There will be dancing and singing and vuvuzelas being blown in the stadium. It is going been a massive party the likes of which the world has never seen. South Africa is the place to be.” Burrell dismissed concerns that a poor showing from the South African national side would have a negative effect on attendance figures on next year’s tournament. “People are going to be coming here for an exciting time. The world will be here, and my personal view is that whatever happens, this World Cup is going to be the greatest one of all. Based on the tremendous amount of interest from all over the world, I believe the stadiums will still be full even if South Africa don’t do well.” With Cape Town hosting a number sporting icons and celebrities, thousands of people will gather in the city centre to see them arrive and many more will attend the Fifa Fan Fest in Cape Town’s Long Street to watch the Draw. The galaxy of football stars attending the event includes Luis Figo, Abedi Pele Ayew, George Weah, Garry Mabbut, David Beckham, Ruud Gullit, Fernando Hierro and Gabriel Omar Batistuta. Beckham, who will be a draw assistant tonight will be joined on stage by two-time Olympic gold medallist and nine-time athletics world champion Haile Gebrselassie of Ethiopia, South African cricket legend Makhaya Ntini, John Smit, the captain of the world cup winning South African rugby team, and South African football player Matthew Booth. Oscar winning South African actress Charlize Theron will be the guest presenter and will assist Fifa secretary-general Jerome Valcke, who will be in charge of the actual draw. Guests tonight will include Issa Hayatou, chairman of the Organising Committee for the Fifa World Cup, Nobel Peace Prize winners FW de Klerk and Archbishop Desmond Tutu, as well as former football icons Franz Beckenbauer, Michel Platini, Eusebio, Marcel Desailly and Roger Milla. Source: 2010 Fifa World Cup South Africa Organising Committeelast_img read more

Cricket World Cup 2015: End of the Proteas’ “choke” hoodoo?

first_imgSince their ignominious defeat in the 1999 Cricket World Cup final against Australia, the tag “chokers” has hung over the Proteas. But with a mix of formidable experience and exciting new talent, the squad that takes to the field this Sunday may have a chance to throw off the jinx. Bowling coach Alan Donald says this Proteas team will come out and prove they are champions. (Image: Cricket SA) Sulaiman PhilipSouth Africa begins their ICC World Cup tournament with a match against Zimbabwe on Sunday in Hamilton, New Zealand, as the third best one-day international (ODI) team in the world. Rankings don’t matter, of course: South Africa is not considered a bookies’ favourite to win the tournament.In the 1999 World Cup South Africa needed a single off the last three balls in the semi-final against Australia, but still managed to lose. Since then the tag “chokers” has hung over the Proteas. A catalogue of heart-breaking late failures, indifferent performances and near misses have dogged the team’s World Cup appearances. But that may change with the 2015 squad’s good blend of experience and youth.The retirement of Jacques Kallis, Mark Boucher and Graeme Smith has made space for a new generation of players who do not have the World Cup hoodoo hanging over their heads. David Miller has added stability to the middle order in the absence of seasoned JP Duminy. Wicketkeeper Quinton de Kock is the second player in history to score four ODI centuries before his 21st birthday. And Rilee Rossouw, as a 20-year-old, hit the fastest triple century in South Africa domestic cricket, scoring 319 off 291 balls.Captain AB de Villiers is the world’s best ODI batsman by a country mile. He has never averaged below 50 in a calendar year for the last five years and is one of the most respected and exciting batsmen in international cricket. Against the West Indies in January he recorded the fastest ODI century ever, reaching 100 off 31 deliveries and ending with 149 off just 44 balls.Vice-captain Hashim Amla, after De Villiers, is the world’s second-best ODI batsman. When his career ends Amla will be considered one of the greatest batsmen of all time, in all forms of the game. In his last nine ODIs he has scored 569 runs, including three centuries and two 50s.With Kallis all but retired the biggest weakness in the squad will be the lack of a world-class all-rounder. The return of JP Duminy may not be a like-for-like replacement but the underappreciated batsman, who can bowl a little, brings calm to a side that was battered by Australia – their only loss in seven ODI series – while he was out injured. Duminy gives the team a strong batting presence lower down the order and his ability to contain batsmen (he almost never concedes more than five runs an over) gives his captain an experienced option.Beyond the batting talent South Africa has the best pace attack in world cricket today. The formidable Dale Steyn, the best ranked bowler at the tournament, is the sharp point of the blitz attack, which includes Morné Morkel and Vernon Philander.  Kyle Abbot and Wayne Parnell are South Africa’s second line of attack and keep making valuable contributions. To add variety on the fast pitches in Australia and New Zealand, De Villiers can call on Imran Tahir, one of the best spinners playing the short-form game.In 2003 there was the Duckworth-Lewis miscalculation. In 2011, chasing 222, the Proteas went from 108 for two to 172 all out. But this is a different team, built on maturity, unabashed talent and a squad that plays hard for each other.The world thinks it knows what to expect. But as coach Russell Domingo says: “The team is mentally in a better state than it’s ever been. They’ve won games in high-pressure situations under different conditions at different venues. They’ve got a pride in performance. They are passionately led by a captain who plays with his heart on his sleeve.”last_img read more

Mike Lutmer, July 11

first_imgShare Facebook Twitter Google + LinkedIn Pinterest I am getting ready to jump in the hay rake and rake 40 acres or so, then go bale up some straw, then go bale some hay. We’ve got some second cutting getting hay ready to cut that looks beautiful.We are all done with wheat. We had some wheat that ran 90 bushels an acre and some that did 30 where it got drowned out. Where we didn’t have so much water, the wheat was really good.We are working on getting the corn topdressed with nitrogen. I am running my Miller with drops on it through my earlier stuff. I would rather put the N on right before pollination than when it is 18 inches tall. I think it makes a huge difference. If you knife it in when it is small and come back before pollination you can cut your rates and you don’t have as much risk of losing it. I think it pays dividends.Corn is looking good and the beans have really come on. It will be a good thing if we get the rains they are calling for this week. The only downside is that every time it rains the market takes a hit.I have double-crop beans up and they are all in but one little patch that I am debating about putting in. There are a few places that look pretty dry, but we have been fortunate that we have gotten some of the showers and for the most part everything looks pretty good.Beans are growing like mad. They have some grass starting to really roll up in them, though. We have a few places we want to get sprayed. Everybody has had a problem with marestail and we are looking at what to do about that for next year. We ended up working some ground because of marestail problems this spring. Other than that, things look pretty good.last_img read more

FIFA World Cup: Germany’s extra-time goals send Algeria packing

first_imgMesut Ozil celebrates after scoring his goal for Germany Substitute Andre Schuerrle and Mesut Ozil scored in extra time Monday to lead Germany over an aggressive Algeria 2-1 and into the World Cup quarterfinals.Statistical Highlights | Match Photos Thomas Mueller provided a cross from the left flank that was slightly behind Schuerrle. The Germany forward dragged his left leg and backheeled the ball into the far corner in the 92nd minute, leaving goalkeeper Rais Mbolhi with no chance.Ozil added the second in the 120th, and substitute Abdelmoumene Djabou pulled one back in injury time for Algeria.Three-time champion Germany, which has now advanced past the second round at nine consecutive World Cups, will next face 1998 winner France on Friday at the Maracana Stadium in Rio de Janeiro.With the temperature a chilly 14 degrees Celsius (57 degrees Fahrenheit) and a light rain falling at times, the pace was high at the Estadio Beira-Rio but the goals didn’t come until the end.Ozil thought he had put the result out of reach when he pounded in a rebound after a shot from Schuerrle was cleared off the line by defender Esseid Belkalem, but Djabou volleyed in a minute later to make the last seconds count.Perhaps inspired by the “Disgrace of Gijon” at the 1982 World Cup, when Germany and Austria supposedly conspired to oust Algeria in the group stage, the northern African nation outmatched Germany’s intensity for long stretches in an entertaining match.Algeria was playing in the second round of the World Cup for the first time and dominated early on. A goal from Islam Slimani was waved off for offside in the 17th, one of many opportunities for the Algeria striker.advertisementAt the start of the second half, Germany put Schurrle on for Mario Goetze in an attacking midfield and came out better organized.In the 55th, Germany captain Philipp Lahm unleashed a hard shot that an outstretched Rais did well to push wide with his fingertips.Still, Algeria continued to produce dangerous counterattacks. In the 72nd, Neuer had to come out of his area to head away the danger with Slimani chasing.In the 88th, Germany’s inability to find the target turned theatrical for a moment when Mueller appeared to fall during a free kick.Team Line-ups(from):Germany: Manuel Neuer; Shkodran Mustafi (Sami Khedira, 70th), Per Mertesacker, Jerome Boateng, Benedikt Howedes; Philipp Lahm, Bastian Schweinsteiger (Christoph Kramer, 109th), Mesut Ozil, Toni Kroos; Mario Gotze (Andre Schurrle, 46th), Thomas Muller.Algeria: Rais M’Bolhi; Aissa Mandi, Esseid Belkalem, Rafik Halliche (Madjid Bouguerra, 97th), Faouzi Ghoulam; Mehdi Mostefa, Mehdi Lacen, Saphir Taider (Yacine Brahimi, 78th); Sofiane Feghouli, El Arabi Soudani (Abdelmoumene Djabou, 100th), Islam Slimanilast_img read more

Ref faces hearing after kicking player

first_imgVideos Diego Carlos kick referee suspended until further notice Harry West Last updated 1 year ago 19:36 1/15/18 FacebookTwitterRedditcopy Comments(0) Videos Nantes v PSG PSG Nantes Ligue 1 The referee who kicked out at and then sent off Nantes’ Diego Carlos has been taken off his next game and will face a disciplinary hearing. The French Football Federation (FFF) has announced that referee Tony Chapron has been suspended until further notice and will face a disciplinary hearing after kicking out at and then sending off Nantes defender Diego Carlos.With time running out in the game and Nantes trailing 1-0 at home to Ligue 1 leaders Paris Saint-Germain, Chapron was involved in a bizarre moment with centre-back Diego Carlos. The defender inadvertently tripped the official up while trying to cover a break, yet the referee took exception to this action and seemed to kick out at him before sending him off and awarding PSG a free-kick. Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player Have you ever seen a referee kick a player AND then send him off?!You have now!!! pic.twitter.com/YSN2p8WVsr— Goal USA (@GoalUSA) January 14, 2018It led to an outcry from the home team, who branded the incident “absurd” and called for the booking to be quashed.Chapron, meanwhile, has been suspended indefinitely by the FFF, which has taken the experienced official off the midweek match between Angers and Troyes, which he was scheduled to oversee. Furthermore, he will stand in front of the League (LFP’s) Disciplinary Commission, having admitted that after looking at the video replays of the incident that he believes he was not tripped intentionally.last_img read more