Month: May 2021

HUD: Housing Improves; Still Needs Further Recovery

first_img Demand Propels Home Prices Upward 2 days ago  Print This Post Colin Robins is the online editor for DSNews.com. He holds a Bachelor of Arts from Texas A&M University and a Master of Arts from the University of Texas, Dallas. Additionally, he contributes to the MReport, DS News’ sister site. The U.S. Department of Housing and Urban Development (HUD) released its April 2014 Housing Scorecard, noting that home prices remained stable, foreclosure completions continued to their lowest levels since mid-2007, existing home sales stabilized, new home sales slowed, and the administration’s foreclosure mitigation efforts continued to provide relief for troubled homeowners.The agency found that as of February 2014, the FHFA purchase-only house price index rose 6.9 percent year-over-year, and ticked up .6 percent from January, seasonally-adjusted. The seasonally adjusted purchase-only index for the U.S. found that home values are on par with prices from mid-2005.Foreclosure completions totaled approximately 29,000 in March, down 5 percent from February and down 34 percent from March 2013. The drop in foreclosures represented the lowest level seen since July 2007. Newly initiated foreclosures were roughly 55,700, up 7 percent from February.Regardless, foreclosure starts were still down 24 percent from last year.HUD found that existing-home sales stabilized in March, remaining virtually unchanged. Existing-home sales were below year-ago levels for the fifth consecutive month. The report from HUD cites a National Association of Realtors report that attributed the stagnation in sales to low inventory, fewer distressed properties, strict banking lending standards, less favorable affordability, and the unusually harsh winter.New home sales also experienced a slump, dropping 14.5 percent to a seasonally adjusted annual rate of 384,000 in March—an eight month low. “New home sales were down 13.3 percent from a year earlier, the first annual decline since the third quarter of 2011,” HUD found.The government’s loss mitigation programs provided a bright spot in HUD’s report. The government agency found that 2 million homeowner assistance actions have taken place through the Making Home Affordable Program, which included nearly 1.4 million permanent modifications through the Home Affordable Modification Program (HAMP).HUD found that the Federal Housing Administration (FHA) has offered nearly 2.3 million loss mitigation and early delinquency interventions through March. Additionally, mortgage aid was extended 7.7 million times, outpacing foreclosures. Housing counselors also continued to provide assistance, counseling 10.3 million households since April 1, 2009.In total, more than 8.3 million mortgage modifications and other assistance arrangements were completed between April 2009 and the end of March 2014.HUD tempered its good news with a word of caution:”Encouraging news notwithstanding, there is a need to continue with recovery efforts as home sales have slowed, too many homeowners remain underwater, and mortgage delinquencies rates remain elevated. There is also considerable geographic variation in market conditions not captured in the national statistics, which suggests some markets are improving at different rates than others.” The Best Markets For Residential Property Investors 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 Home / Daily Dose / HUD: Housing Improves; Still Needs Further Recovery Tagged with: April Housing Scorecard Existing Home Sales Foreclosures HAMP HUD New Home Sales Previous: Fannie/Freddie Reform Bill Stalls in Senate Next: GSE Quarterly Report Card Positive Share Save Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Government, Headlines, News Subscribe April Housing Scorecard Existing Home Sales Foreclosures HAMP HUD New Home Sales 2014-05-09 Colin Robins Servicers Navigate the Post-Pandemic World 2 days ago May 9, 2014 794 Views HUD: Housing Improves; Still Needs Further Recovery Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Colin Robins Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articleslast_img read more

Economic Improvement Predicted for the Rest of 2015 Despite Market Volatility

first_img Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Economic Improvement Predicted for the Rest of 2015 Despite Market Volatility Despite recent market volatility, economic growth in the second half of the year is expected to improve, according to data released by Fannie Mae on Wednesday.Fannie Mae’s Economic and Strategic Research (ESR) Group found that consumer spending and other solid domestic fundamentals are predicted to be key drivers of the rest of the year economic growth.“Our forecast for the year is largely unchanged despite recent market volatility. Fundamentals are positive, suggesting potential for some improvement in the fourth quarter,” said Doug Duncan, Fannie Mae’s chief economist.Various data reports over the last month reveal positive economic activity despite stock market volatility, Fannie Mae explained.According to the research and the Bureau of Labor Statistics job report, consumer spending rose in July and August, while full-time employment exceeded its pre-recession peak.“On balance, growth in the second half of the year is expected to come in higher, albeit modestly, than the first half,” the report said.Housing market strength was also highly unbothered by the volatile stock market, performing strong in a number of areas.“Continued strong performance of year-to-date home sales and modestly weakening leading indicators confirms that our prior forecast of existing home sales this year remains valid. However, lower actual and projected cash sales led us to revise slightly higher purchase mortgage originations,” Duncan noted.However, sub-par single-family construction was a little disappointing, causing Fannie Mae to lower its projected single-family starts projection for 2016.The research group expects that total mortgage originations will increase by about 25 percent for all of 2015, total production volume to fall about 18 percent, and the refinance share to decline about 15 percentage points.“Overall, we anticipate economic growth of 2.4 percent for 2015, up slightly from 2.1 percent in the prior forecast,” Duncan said. “Consumer and government spending as well as nonresidential and residential investment are expected to contribute to growth while net exports and inventory investment will likely pose headwinds.”Click here to view Fannie Mae’s full report. September 17, 2015 951 Views Previous: Experts Believe Single-Family Rental Market is Here to Stay Next: Three States Account for Nearly One-Third of the Country’s Negative Equity Consumer Spending Fannie Mae U.S. Economy 2015-09-17 Brian Honea Tagged with: Consumer Spending Fannie Mae U.S. Economy The Best Markets For Residential Property Investors 2 days ago Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University. About Author: Xhevrije West  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days agocenter_img in Daily Dose, Featured, Market Studies, News Economic Improvement Predicted for the Rest of 2015 Despite Market Volatility The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save Related Articles Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Subscribelast_img read more

Home Builders Stay Confident

first_img May 15, 2017 1,107 Views  Print This Post The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Home Builders Stay Confident Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Tagged with: Construction Home Prices Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Seth Welborn Construction Home Prices 2017-05-15 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home Builders Stay Confidentcenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Mortgage Revenue Took a Hit in Q1 Next: Scott Walter Joins Albertelli Law as Director of Operations Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Seth Welborn is a contributing writer for DS News. He is a Harding University graduate with a degree in English and a minor in writing, and has studied abroad in Athens, Greece. An East Texas native, he also works part-time as a photographer. Builder confidence in the housing market rises as demand for newly-built, single-family homes rose two points, achieving a total of 70 out of 100, this May, according to the National Association of Homebuilders (NAHB)/Wells Fargo Housing Market Index (HMI).Based on a monthly survey from the NAHB, the HMI measures the health of the housing market on a point system from 0 to 100 based on three factors. The survey asks participants to rate market conditions for the sale of new, single-family homes at present, the market conditions for the sale of new, single-family homes in the next six months, and the traffic of prospective buyers of new homes.The first two queries are rated as “good,” “fair,” or “poor,” while traffic of prospective buyers is rated as “high to very high,” “average,” or “low to very low.” By applying the formula “(Good-Poor+100)/2” to the present and future sales sets and “(High/Very High–Low/Very Low + 100)/2” to the buyers traffic set, one may find three separate indices, the weighted average of which is the final HMI. Any number over 50 indicates that more builders view conditions as good than poor.Although, builders confidence scored an overall total of 70, breaking down the data, consumers rated sales expectations currently at 76 and sales expectations in the next six months at 79. However, buyer traffic was rated relatively low at 51.With a score of 70, the HMI signals growing consumer confidence in the new home market, according to the NAHB. However, there are still issues concerning lots and labor shortages, as well as over increasing building material costs.In three out of four regions, the HMI posted gains in the three-month moving averages, according to reported data. The Northeast, West and South scored 49, 78, and 71, respectively, while the Midwest remained the same as last month at 68. Related Articles Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Market Studies, News Subscribe The Best Markets For Residential Property Investors 2 days agolast_img read more

California Wildfires: Housing Damages Top $5 Billion

first_img HOUSING mortgage wildfires 2017-12-12 Nicole Casperson Home / Daily Dose / California Wildfires: Housing Damages Top $5 Billion All of these factors contribute to the Thomas Fire, making it difficult to contain. If the wind slows for a period of time, firefighters may be able to get the upper hand. However, current weather predictions don’t seem to indicate a dramatic slowing of the Santa Ana winds. It may actually require precipitation (rainfall) to occur before the tide will turn on containing this fire. Other large wildfires in the west have only been fully contained after snow or rain has helped to tamp down the burn. Since conditions can and do change multiple times during the day, it remains unknown how long this fire will burn, but it could last for several more weeks, if not longer.How much damage are the citizens going to face?More than 1,000 structures have been lost in the Southern California fires thus far. Not all of them are homes since outbuildings such as barns or detached garages are counted among the structured total. There have been some very high-value homes damaged or destroyed in and around Los Angeles, and there will be lesser value homes within the mix as well. It is too early to say what the total value of the destroyed and damaged structures will be since we will need to identify the individual addresses that were affected, and that is only possible after the fires have been fully contained. There are still thousands of homes at risk from the Thomas Fire, so it is certainly possible that damages could reach $1 billion or more by the time it’s over.What’s causing a wildfire like Thomas to expand so quickly?Specifically, the fuel, the current humid conditions, the terrain and the wind are combining to allow Thomas to continue expanding. The terrain makes fighting the fire more difficult. There is a large volume of fuel that has built up over the last six years of extreme drought conditions, along with the new growth vegetation that sprang up after the rains in California last fall and spring. The lack of precipitation during this current fall, as well as continuing low humidity and dry conditions, have made these dead and dry fuels much more susceptible to burn. Finally, the strong and sustained Santa Ana winds enable the fire to move much faster than it normally would and for longer periods of time. It is much more difficult to get personnel and equipment in front of the fire when it continues to move quickly not just for hours, but day after day. The difficulty of applying resources (personnel and equipment) on the ground when the terrain is rugged and there is minimal road access. That’s the case for parts of the Thomas Fire which is running through mountainous terrain.High and variable winds that not only push the fire along the ground very quickly but also lift burning embers that are dropped out ahead of the flames and start additional fires beyond the fireline.Dry and abundant vegetation (fuels) that enables the fire to burn very hot and very fast across the ground, making it difficult to stay in front of the fire.Low humidity that enables fuels to ignite quickly and burn very readily. December 12, 2017 2,471 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily  Print This Post About Author: Nicole Casperson in Daily Dose, Featured, Market Studies, News Previous: Homeowner Perceptions in Sync with Appraisers Next: Ginnie Mae: Outstanding Principal Balance Edges Closer to $2 Trillion Governmental Measures Target Expanded Access to Affordable Housing 2 days ago 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] Tagged with: HOUSING mortgage wildfirescenter_img Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago One week—that’s all it took for the Thomas Fire, a massive wildfire burning in Ventura and Santa Barbara Counties, to rage into the 5th largest wildfire in modern California history, according to the fire protection agency CAL FIRE.Hitting ground on December 4, 2017, the wildfire is only 20 percent contained. And according to CAL FIRE’s latest data—at over 230,00 acres of damage, it is also ranked the 10th most destructive California wildfire in recorded history, but that is subject to change.However, Thomas isn’t the only fire destroying homes—more than 86,000 homes in Ventura and Los Angeles counties are at risk of damage from the Rye and Creek Wildfires, according to data from CoreLogic. Currently, there are six wildfires in total in the state.Of the total at-risk homes, 13,526, or 16 percent, with an estimated reconstruction cost value of more than $5 billion are at significant risk of damage, falling in CoreLogic’s “high” and “extreme” risk categories.In a recent article by Realtors, their Chief Economist Danielle Hale said the wildfire damages on homes could really exacerbate an already challenging market for buyers. “People will probably look more toward apartments,” she said. “But there aren’t enough affordably priced rentals to go around either.”Although the majority of homes, 72,716, or 84 percent, are at “low” or “moderate” risk of damage, wildfires can easily expand to adjacent properties and cause significant damage even if a property is not considered high risk in its own right. This expansion is evident, according to CNN the fires have expanded to a size larger than New York City and Boston—combined.According to commentary exclusively provided to DS News, Dr. Tom Jeffery, Senior Hazard Scientist at CoreLogic provided the latest updates on the status of the wildfires in this Q&A:How long could the wildfires last? As of today, only the Thomas Fire remains largely uncontained. The Creek, Rye and smaller fires in Southern California are now fully or nearly fully contained. The Thomas Fire is at 234,000 acres and only 20 percent contained. This means that it is capable of burning for days, if not several weeks. Containment is a complex process that involves: Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save California Wildfires: Housing Damages Top $5 Billion Demand Propels Home Prices Upward 2 days ago Subscribe The Best Markets For Residential Property Investors 2 days ago Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

Helping Homeowners Through Foreclosure Reform

first_imgHome / Daily Dose / Helping Homeowners Through Foreclosure Reform The Week Ahead: Nearing the Forbearance Exit 2 days ago FHA Foreclosure reform 2019-10-04 Seth Welborn About Author: Seth Welborn October 4, 2019 1,100 Views The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post 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 Sign up for DS News Daily Tagged with: FHA Foreclosure reformcenter_img Previous: The Industry Pulse: Updates on Continuity, CoreLogic and More Next: Mortgage Industry Impact: Employment Rate Declines The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Foreclosure, News Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Helping Homeowners Through Foreclosure Reform Servicers Navigate the Post-Pandemic World 2 days ago Subscribe 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. Related Articles This week, city residents and lawyers at a Philadelphia City Hall news conference, called on the Pennsylvania Housing Finance Agency (PHFA) to eliminate a policy that often requires homeowners facing foreclosure to first pay off any liens against them before their mortgage can be modified, The Philadelphia Inquirer reports. These liens, the lawyers said, can include water and gas debts, real estate back taxes, medical bills, or parking tickets.According to housing advocates, homeowners with Federal Housing Administration (FHA) loans administered by PHFA have had a harder time securing permanent loan modification when they have liens and judgments against them. The loans allow homeowners to pay as little as 3.5% of a purchase price for a down payment. “It’s a practice that threatens [homeowners] with the unnecessary loss of their homes, and threatens to put people into a market where housing is not affordable [and] is not available,” said Irwin Trauss, a lawyer with Philadelphia Legal Assistance.Kate Newton, PHFA’s Director of Loan Servicing, told the The Philadelphia Inquirer that the issue boils down to PHFA trying to comply with regulations from the U.S. Department of Housing and Urban Development. Nearly half of the athe PHFA’s portfolio is FHA loans, and in the past two years, the PHFA has agreed to permanently modify more than 500 loans in Philadelphia.“Unless [these municipal liens] do a subordination agreement or they get paid off … we know our modified mortgage would not be in first position,” Newton said. “… It would be a lot easier for us if we didn’t have to worry about doing all of this, and we don’t want to be in this position, either.”According to ATTOM Data Solutions, 277 Philadelphia homeowners had foreclosure proceedings filed against them in August 2019. Additionally, Philadelphia holds one of the highest foreclosure rates among cities with at least one million people, at one in every 1,422 housing units as of August 2019.last_img read more

What’s at Stake in the Constitutionality CFPB Case

first_img As the The U.S. Supreme Court prepares to hear the appeal of a California law firm that argues the Consumer Financial Protection Bureau (CFPB) is unconstitutionally structured, American Enterprise Institute Senior Fellow Peter J. Wallison argues that there is more at stake than just the constitutionality of the Bureau.On Real Clear Politics, Wallison argues that this CFPB case is an example of Congress enacting “broadly  phrased laws, essentially delegating the key legislative choices to administrative agencies and violating the Framers’ constitutional plan of separation.”Additionally, he states that the Dodd-Frank Act is another “dangerous step.”“First, it gives the CFPB’s director a five-year term of office, protected from removal by the president other than for ‘inefficiency, neglect of duty, or malfeasance,’” Wallison said. “This places the director outside the control of the president, whose ability to pursue the policies he was elected to implement depends crucially on the ability to remove and replace the senior officials of executive agencies.”This means, according to Wallison, that this case is a prime opportunity to make a clearer separation of powers.The law firm named in the case, Seila Law, alleges that the structure of the agency grants too much power to its director. According to court papers, given the CFPB’s broad law enforcement powers, the fact that the president may only remove the director of the CFPB “for inefficiency, neglect of duty, or malfeasance in office” is unconstitutional. As Wallison says, “the president has the power through the appointment and removal of executive officials to carry out the policies he was elected to pursue.” In May, the CFPB beat Seila Law before a panel of the 9th U.S. Circuit Court of Appeals.“Seila Law contends that an agency with the CFPB’s broad law-enforcement powers may not be headed by a single Director removable by the President only for cause. That argument is not without force,” Circuit Judge Paul Watford wrote for the court. What’s at Stake in the Constitutionality CFPB Case Data Provider Black Knight to Acquire Top of Mind 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 Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe Tagged with: CFPB Constitutionality October 30, 2019 1,013 Views Home / Daily Dose / What’s at Stake in the Constitutionality CFPB Case Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Servicers Navigate the Post-Pandemic World 2 days ago About Author: Seth Welborncenter_img  Print This Post Related Articles Share Save in Daily Dose, Featured, Government, News The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago CFPB Constitutionality 2019-10-30 Seth Welborn Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: Industry Reacts to Fed’s Latest Cut to Interest Rates Next: The Debate Over High-Density Housing Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Hundreds take part in Inishowen clean-up

first_img WhatsApp Google+ Hundreds of people took part in a clean-up operation across Inishowen on Saturday.The Peninsula’s seven Councillors came up with the idea a number of weeks ago with the public, sport clubs, community groups and residents associations asked to take part.The Mayor of Buncrana says they were overwhelmed with the level of support for the clean-up, Michael Grant  is now appealing to the public not to litter:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/04/mic6pm.mp3[/podcast] Google+ Calls for maternity restrictions to be lifted at LUH News Guidelines for reopening of hospitality sector published By News Highland – April 17, 2011 Hundreds take part in Inishowen clean-up Help sought in search for missing 27 year old in Letterkenny Pinterest Three factors driving Donegal housing market – Robinson center_img 448 new cases of Covid 19 reported today WhatsApp Previous articleBusy weekend for Donegal Mountain RescueNext articleRugby – Letterkenny lift Gordon West Cup News Highland RELATED ARTICLESMORE FROM AUTHOR Facebook Twitter NPHET ‘positive’ on easing restrictions – Donnelly Facebook Twitter Pinterestlast_img read more

Report claims budget discrimation against Derry

first_img Minister McConalogue says he is working to improve fishing quota Report claims budget discrimation against Derry Google+ Facebook Twitter WhatsApp LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton By News Highland – February 11, 2011 Foyle MP Mark Durkan is backing a report conducted by by U4D and the Chamber of Commerce which claims that the draft budget discriminates against Derry and the wider North West.Mr Durkan says the report highlights some of the significant deficiencies in the Budget plans from a Derry point of view, particularly in terms of the failure of the Department of Culture, Arts and Leisure to make any funding bids linked to the city’s designation as City of Culture.According to Mark Durkan, DCAL’s failure to make funding bids must be questioned, particularly as, at the initiaitve of Minister Conor Murphy, marker bids were made by the Depaertment of Social Development in anticipation of extra applications for funding as 2013 draws closer.Mr Durkan also says it’s disappointing that commitments on the entire length of the Derry to Belfast road have not been urgently progressed.Given that the report was co-sponsored by the U4D “University for Derry” group, it’s no surprise that it concludes the biggest single thing that can be done for the local economy is to expand the university.Mr Durkan says he fully backs plans to substantially increase the size of the Magee campus, with a big increase in student numbers and many new courses in subjects that are relevant to the new economy industries.He is also calling for the re-establishment of the Integrated Development Fund, which was abolished by the executive in 2008. Need for issues with Mica redress scheme to be addressed raised in Seanad also Previous articleJamie McGrenaghan to be sentenced todayNext articleStrabane man ‘terrified’ after attempted abduction News Highland Twittercenter_img Pinterest Dail hears questions over design, funding and operation of Mica redress scheme Pinterest WhatsApp Almost 10,000 appointments cancelled in Saolta Hospital Group this week Google+ Newsx Adverts Facebook 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report RELATED ARTICLESMORE FROM AUTHORlast_img read more

Donegal Live Register total falls below 20,000

first_img WhatsApp Man arrested in Derry on suspicion of drugs and criminal property offences released RELATED ARTICLESMORE FROM AUTHOR Donegal Live Register total falls below 20,000 Twitter Facebook Pinterest News The number on Live Register in Donegal has fallen below 20 thousand.The figures for August show 19,761 signing on a fall of 1,661 compared to August 2013.The significant year on year fall will be attributed by some to emigration and controversial schemes such as jobbridge while others will see it as an indication of an improving economy.As well as a year on year fall in those signing on, there was also a drop in the figure from month to month.The biggest fall in numbers signing on was in Letterkenny with 439 less on the register leaving the total now at 5,934.368 less people signed on in Inishowen with the total there now just short of 4,000.All other areas of the county recorded more modest falls.In terms of month on month figures, The Finn Valley and Ballyshannon areas where the only ones to record an increase in those signing on from July to August. Previous articleDisaffected farmers demanding changes to new CAP dealNext articleCliff Richard Sex abuse allegation ‘completely false’ News Highland Minister McConalogue says he is working to improve fishing quota Google+center_img By News Highland – September 5, 2014 Twitter Pinterest WhatsApp Google+ Facebook Need for issues with Mica redress scheme to be addressed raised in Seanad also Dail hears questions over design, funding and operation of Mica redress scheme 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Dail to vote later on extending emergency Covid powerslast_img read more

Donegal County Council budgetary situation “vulnerable” – Report

first_img RELATED ARTICLESMORE FROM AUTHOR Donegal County Council budgetary situation “vulnerable” – Report Newsx Adverts Pinterest Google+ Dail to vote later on extending emergency Covid powers Pinterest HSE warns of ‘widespread cancellations’ of appointments next week WhatsApp Twitter Facebook Google+center_img Twitter WhatsApp Man arrested in Derry on suspicion of drugs and criminal property offences released By News Highland – December 7, 2010 Previous articleInquest into death of diver off Arranmore in 2008Next articleHarte says roundabout changes should be reviewed News Highland PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Unpublished government records show many local authorities are facing “critical areas of vulnerability” due to funding shortages.The records state that county and city councils are experiencing major challenges this year in collecting enough income from rates and charges to pay for vital services like roads, water and housing.Donegal County Council has been described as vulnerable.Cuts to Government spending over the past year have exacerbated the problem with local authorities increasingly reliant on local revenue such as commercial rates and development levies.But the slump in construction and the closure of businesses is making it more challenging to collect sufficient levels of revenue from these sources.The records show that senior department officials have identified at least eight local authorities under acute pressure due to a range of different factors.Donegal are regarded as vulnerable due to cash shortages, making it particularly exposed to changes in interest rates, levels of overdraft sanctions and the timing of grant payments.Latest official figures available show that a total of 17 local authorities had significant deficits at the end of 2008.Donegal tops the list with a deficit of €13 million Facebook Dail hears questions over design, funding and operation of Mica redress scheme Man arrested on suspicion of drugs and criminal property offences in Derrylast_img read more