first_img  Print This Post The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Featured, Media, Webcasts Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago 2014-01-20 DSNews Share Save Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago January 20, 2014 583 Views center_img Home / Featured / DS News Webcast: Monday 1/20/2014 Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: The Sticky Business of Compliance Next: Welcome to the New DSNews.com Related Articles DS News Webcast: Monday 1/20/2014 A new initiative of the American Enterprise Institute aims to mitigate the damage of housing’s boom-and-bust cycles, utilizing a new Mortgage Risk Index developed by Fannie Mae’s former chief credit officer, Edward Pinto, and his colleague Stephen Oliner, who spent more than 25 years with the Federal Reserve. Their index shows mortgage risk remains high today, and even more troublesome, it indicates risk levels are rising. In fact, they say less than half of the home purchase loans extended in recent months can be considered low risk, despite claims that today’s credit standards are too tight.Almost in step with Oliner and Pinto’s warning that risk levels are rising—even amid claims that credit today is too tight—a new report from Ellie Mae shows credit standards ended 2013 at their lowest level all year. The company found that by December, criteria for first-lien mortgages had relaxed considerably, with the average FICO score at 727, loan-to-value ratios averaging 82 percent, and debt-to-income ratios at a yearly high of 39 percent. About Author: DSNews Is Rise in Forbearance Volume Cause for Concern? 2 days ago Sign up for DS News Daily Subscribelast_img read more


first_img Share Save Servicers Navigate the Post-Pandemic World 2 days ago July 31, 2015 1,664 Views in Daily Dose, Featured, News, Secondary Market  Print This Post Previous: Fannie Mae’s Mortgage Portfolio Contracts at Double-Digit Rate for Third Straight Month Next: Number of Underwater Borrowers is Declining at an Accelerated Pace Deeply Delinquent Mortgage Loans Freddie Mac Non-Performing Mortgage Loans NPL Sales 2015-07-31 Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago Freddie Mac Completes NPL Sale With $591 Million in UPB Freddie Mac announced on Friday the sale of 3,577 deeply delinquent non-performing loans from its residential single-family mortgage investment portfolio via auction on July 28.The loans, which are three years delinquent on average, have an aggregate unpaid principal balance (UPB) of $591 million, according to Freddie Mac. Given the length of time the loans have been delinquent, the borrowers have likely either been previously evaluated for or are in various stages of loss mitigation or other foreclosure alternatives, or actually in foreclosure.About 28 percent of the aggregate pool balance consisted of previously modified mortgages that subsequently became delinquent, according to Freddie Mac. The transaction is part of Freddie Mac’s Standard Pool Offerings (SPOs) and is expected to settle sometime in mid-September.Investors had the flexibility to bid on one or more of the three separate pools of mortgage loans offered, or they could bid on the aggregate total of all three pools. Pool number 3 was comprised of loans with LTV ratios of less than 50 percent of the property value, based on broker price opinions. Below is a summary of the pools of loans for sale and the winning bidders, as well as the cover bid prices (second highest bids).All bidders must comply with the Federal Housing Finance Agency (FHFA)’s enhanced requirements for NPL sales announced on March 2, which include approval by and good standing with government housing agencies (Freddie Mac, Fannie Mae, Ginnie Mae, and the Federal Housing Administration); evaluating borrowers for eligibility in the government’s Home Affordable Modification Program (HAMP); and applying a “waterfall” of resolution tactics before resorting to foreclosure.Freddie Mac began marketing this transaction on July 8 through its advisors, Citigroup Global Markets Inc., Credit Suisse Securities and The Williams Capital Group, L.P., an MWOB to non-profits, neighborhood advocacy funds, and private investors active in the NPL market.FHFA, Freddie Mac’s conservator, stated in its 2014 Report to Congress released in June that “FHFA’s expectation is that the sale of seriously delinquent loans through non-performing loan sales will result in more favorable outcomes for borrowers, while also reducing losses to the Enterprises, and, therefore, to taxpayers.”This transaction was Freddie Mac’s fourth SPO NPL transaction of 2015 and fifth overall since July 2014. The previous four NPL transactions totaled approximately $2.17 billion in UPB. 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. Sign up for DS News Daily Related Articles Home / Daily Dose / Freddie Mac Completes NPL Sale With $591 Million in UPBcenter_img The Best Markets For Residential Property Investors 2 days ago About Author: Brian Honea Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Deeply Delinquent Mortgage Loans Freddie Mac Non-Performing Mortgage Loans NPL Sales Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days agolast_img read more


first_img Servicers Navigate the Post-Pandemic World 2 days ago October 31, 2016 1,261 Views fix and flip Realtor.com 2016-10-31 Kendall Baer in Daily Dose, Featured, News Related Articles The fix and flip market is heating back up, with the number of flipped properties this year reaching the highest level seen since pre-crisis 2007.“Flipping activity is hot again, due to the fact that we are seeing strong price appreciation, driven by strong economic and demographic demand,” says Realtor.com’s Chief Economist, Jonathan Smoke. “It’s up in markets where prices are at new record highs. It’s also up in markets where there remain undervalued homes.”These properties that are both the right purchase price and give the best returns are not the easiest to unearth though. That’s why Realtor.com sought out to discover the markets with best opportunities for fix and flippers.To find these markets, they started by ranking the largest 100 markets by the ratio of flips to all home sales. They then defined a flip as any home—single-family, townhome, or condo—that was bought and resold within a 3 to 12 month period. The deals that ended in foreclosure or had a negative profit compared to the original purchase price where then excluded from the search and homes that were bought and sold by banks or other government entities were also filtered out. Finally, they ruled out active markets where the renovation costs eat up all the profit and chose to feature no more than two cities per state.For those in the single family investment market, staying on top of the latest trends as well as growing and maintaining relationships in the industry are key elements to remaining successful in this market sector. The Five Star Institute hosts the annual Single-Family Rental Summit as a way to offer training, tools, and strategic partnerships that will foster business opportunity, elevate professionalism, and establish best practices across the expansive SFR industry.For more information or to register for this year’s Single Family Rental Summit on November 1-3, 2016, click HERE. Previous: Fannie Mae’s Mortgage Portfolio Is Back to Contracting Next: Can SFR Investors Benefit from Millennial Renters? Demand Propels Home Prices Upward 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 Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, Texas. Born and raised in Texas, Baer now works as the online editor for DS News. Servicers Navigate the Post-Pandemic World 2 days ago About Author: Kendall Baer Share Savecenter_img Home / Daily Dose / The Top 10 Home-Flipping Markets Tagged with: fix and flip Realtor.com Subscribe The Top 10 Home-Flipping Markets 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 Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Postlast_img read more


first_img Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] Previous: Quandis’ New Functionality for Default Servicing Next: VODII Partners with Factom Inc. About Author: Donna Joseph in Daily Dose, Featured, Government, News Fannie and Freddie Mark Calabria the Senate Banking Committee 2019-02-22 Donna Joseph Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago February 22, 2019 2,452 Views The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Home / Daily Dose / The Week Ahead: Counting Down to Mark Calabria Nom Vote Tagged with: Fannie and Freddie Mark Calabria the Senate Banking Committee Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago On Tuesday, 9:30 a.m. EST, the Senate Banking Committee will vote on President Trump’s nominee to be the Chief Regulator of government-sponsored enterprises. The Senate Banking Committee previously held a hearing on the nomination of Mark Calabria as Director of the Federal Housing Finance Agency(FHFA) on Thursday, February 14. As reported in DS News, The Trump administration announced Calabria’s nomination to head the FHFA in December. He is currently the Chief Economist to Vice President Mike Pence. If confirmed, Calabria would have significant influence over the housing finance market at the FHFA. According to Bloomberg, Calabria had previously pushed for putting Fannie and Freddie into receivership. “Calabria, a former scholar at the libertarian Cato Institute, has also called for abolishing the mortgage-interest deduction, something millions of homeowners benefit from. In addition, he has supported getting rid of government subsidies for the 30-year fixed rate mortgage,” Bloomberg said.Read about what the industry and regulators had to say about the nomination here.Here’s what else is happening in the week ahead:AEI Housing Market Indicators, Monday, 11 a.m. EST Housing Starts, Tuesday, 8:30 AM ESTJerome Powell Semi-Annual Testimony, Tuesday 10 a.m. ESTS&P CoreLogic Case-Shiller HPI, Tuesday, 9:00 AM ESTFHFA House Price Index, Tuesday, 9:00 AM ESTMBA Mortgage Applications, Wednesday, 7:00 AM ESTPending Home Sales Index, Wednesday 10:00 AM ESTFreddie Mac Primary Mortgage Market Survey, Thursday, 10 a.m. ESTFed Balance Sheet, Thursday, 4:30 PM EST Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Counting Down to Mark Calabria Nom Vote Subscribelast_img read more


first_imgHome / Daily Dose / National Flood Insurance Program: A New Way Forward? The Best Markets For Residential Property Investors 2 days ago On Wednesday, the House Financial Services Committee held a hearing entitled “Preparing for the Storm:  Reauthorization of the National Flood Insurance Program.” The goal of the hearing was to discuss the state of the National Flood Insurance Program (NFIP), including affordability challenges and reforms since the NFIP’s inception in 1968.According to the hearing, in 2018, FEMA found significant affordability challenges for lower-income homeowners, as many that are least able to afford higher premiums tend to live in the highest flood hazard areas. FEMA found that “the combination of higher premiums and lower incomes in the SFHA creates affordability pressure on households.”Witnesses, in addition to committee members, included Maria Cox Lamm, South Carolina Department of Natural Resources, Christopher Heidrick, Heidrick & Company Insurance and Risk Management Services, LLC, Velma Smith, Senior Officer, The Pew Charitable Trusts, Mabél Guzmán, Broker, @properties, on behalf of the National Association of Realtors, Collin O’Mara, President and CEO, National Wildlife Federation, and Raymond J. Lehmann, Director of Finance, Insurance and Trade Policy, Street Institute.Mabél Guzmán, speaking on behalf of the National Association of Realtors, noted that many homeowners are underinsured, and coastal areas are not the only areas at risk of flooding.“By every measure, floods are getting worse,” said Guzmán in her statement. She stated that many homeowners are unaware of the risk, and a restructuring of the NFIP may be necessary. Collin O’Mara confirms Guzmán’s statements, noting that the increasing number of natural disasters requires a different approach.“Too frequently, we are responding to disasters after they occur, giving little thought and attention to proactively reducing risk and increasing the resilience of our nation’s vulnerable communities,” said O’Mara in his statement. “Responding after a disaster is necessary; however, without proper planning, resilience measures, and insurance, disasters are much more destructive, and rebuilding is more difficult.”Find the complete hearing and written testimonies here. Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Delgado Warns of Emerging Recessionary Conditions Next: CFPB Report: Loss Mit Problems and Servicer Solutions Congress Financial Services Comittee Natural Disasters nfip Realtors 2019-03-13 Seth Welborn The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago National Flood Insurance Program: A New Way Forward? in Daily Dose, Featured, Government, Loss Mitigation, News Related Articles 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. Sign up for DS News Daily center_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Congress Financial Services Comittee Natural Disasters nfip Realtors March 13, 2019 3,004 Views About Author: Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Subscribelast_img read more


first_img Related Articles August 28, 2019 1,776 Views The Best Markets For Residential Property Investors 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Investment, Market Studies, News Home Prices Inventory Recession 2019-08-28 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe Previous: Investor Confidence Measured Next: Incorporating AI Into the Appraisal Process Sign up for DS News Daily 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. About Author: Seth Welborn Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The risk of a recession is on everyone’s mind, both in the U.S. and around the world. Realtor.com notes that Germany is already teetering on the brink of recession and the U.K. is facing unrest related to “Brexit”, while in the U.S., a rapidly escalating trade war with China is increasing fears. However, despite these risks, real estate should be safe, unlike in 2008.”This is going to be a much shorter recession than the last one,” predicts George Ratiu, Senior Economist with realtor.com. “I don’t think the next recession will be a repeat of 2008. The housing market is in a better position.”About 2% of economists, strategists, academics, and policymakers believe a recession will start this year, according to a recent from the National Association for Business Economics. Thirty-eight percent believe one will begin in 2020, while 25% anticipate one starting in 2021. Fourteen percent expect it won’t materialize until after 2021.In the event of a recession, potential buyers holding out for a home price crash may be disappointed. According to realtor.com, there simply aren’t enough homes being built to satisfy buyers, and demand is unlikely to drop off any time soon.Additionally, the anticipation of a recession is likely to make the shortage even worse as potential sellers postpone selling if prices drop. Another risk will be potential layoffs and job shortages, meaning homebuying power will be limited.”If we do go into a recession, there will be layoffs,” says Ali Wolf, Director of Economic Research at Meyers Research. “If you move from a two-income household to a one-income household, it doesn’t change the desire to own. But it does impact the ability.”Realtor.com’s Ratiu believes prices will flatten, but likely not fall. Meanwhile, the number of home sales will also remain flat or potentially even dip, he believes.Other economists expect the recession to take a bigger toll on housing.”With people having PTSD from the last time, they’re still afraid of buying at the wrong time,” Wolf says. “But prices aren’t likely to fall 50% like they did last time. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Recession: Is Real Estate Safe? Data Provider Black Knight to Acquire Top of Mind 2 days ago Recession: Is Real Estate Safe? Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Tagged with: Home Prices Inventory Recession The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago last_img read more


first_img Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post About Author: Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago 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. April 23, 2020 1,110 Views Measuring Homeowner Financial Strain Tagged with: Financnes Investment payments in Daily Dose, Featured, Government, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Financnes Investment payments 2020-04-23 Seth Welborn Related Articles Previous: New York Lawmakers: Mortgage Forbearance Is Not Enough Next: DS5: Economic Recovery in the Months Aheadcenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The COVID-19 pandemic has caused the largest drop in American financial satisfaction in nearly a decade, according to The American Institute of CPAs (AICPA) Q1 2020 Personal Financial Satisfaction index. The report measured 32.9, a 20% (8.29 point) decrease from the previous quarter. This is the largest quarterly drop the PFSi has experienced since the Great Recession (Q4 2009).The most notable factor driving the quarter-over-quarter PFSi decline was the PFS 750 Market index, an AICPA proprietary stock index comprised of the 750 largest companies trading on the US Market. In comparison to its Q4 2019 record high, the Market index is down 21 percent (20.9 points), wiping out all its gains from the past three years.The next largest contributor to the PFSi decline is the Inflation index which is up 33.8% (10.7 points) from the previous quarter. An increase in inflation adds to financial pain, driving down the PFSi overall. Inflation is the most volatile factor contributing to the PFSi and with absolute levels so low, small changes result in large percentage gains. This factor relies on data released in late March that reflects the Federal Reserve’s February level before rates were cut to near zero.“We’re hearing from CPA financial planners across the country that now more than ever their clients are relying on their guidance to navigate these extraordinary times,” said Andrea Millar, CPA/PFS, Association of International Certified Professional Accountants Director of Financial Planning. “From giving clients peace of mind that principles of financial planning haven’t changed, to proactive planning with tax-efficient portfolio moves, and small business loans, CPAs have been working tirelessly to secure their clients financial future and to help them realize their life goals.”Many Americans are struggling to pay for things including their rent and mortgage as well. Black Knight reports that as of April 16, more than 2.9 million homeowners, or 5.5% of all mortgages, have entered into COVID-19 mortgage forbearance plans. This population represents $651 billion in unpaid principal and includes 4.9% of all GSE-backed loans and 7.6% of FHA/VA loans.A new survey by the Mortgage Bankers Association (MBA) found that the number of home loans in forbearance rose from 2.73% to 3.74% during the week of March 30 to April 5.Mortgages backed by Ginnie Mae had the largest weekly growth of 1.58% and the highest overall share in forbearance requests (5.89%). The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Subscribe The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Measuring Homeowner Financial Strain Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Savelast_img read more


first_img WhatsApp Guidelines for reopening of hospitality sector published Twitter Newsx Adverts Google+ History to be made at Sinn Fein Ard Fheis in Belfast Almost 10,000 appointments cancelled in Saolta Hospital Group this week Facebook Previous articleLetterkenny Town Council to take 5 businesses to court for non-payment of ratesNext articleFood Safety Authority closes Moville restuarant News Highland Pinterest Twitter Calls for maternity restrictions to be lifted at LUH center_img Facebook WhatsApp Derry Presbyterian Minister David Latimer will become the first from Northern Ireland to address the Sinn Fein Ard Fheis which takes place in Belfast’s Waterfront Conference Centre over the next two days.It will also be the first time the party has held its annual conference in Northern Ireland.As many as 2000 delegates are expected at the event the economic and social challenges North and South are expected to top the agenda. LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton RELATED ARTICLESMORE FROM AUTHOR Three factors driving Donegal housing market – Robinson By News Highland – September 9, 2011 Google+ Pinterest NPHET ‘positive’ on easing restrictions – Donnelly last_img read more


first_img Almost 10,000 appointments cancelled in Saolta Hospital Group this week Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey By News Highland – September 20, 2010 Facebook Pinterest Guidelines for reopening of hospitality sector published WhatsApp Newsx Adverts Letterkenny Town Council says it plans to line the Circular Road in the town as quickly as possible, but it may be next year before funding is confirmed.An application has been made for up to €15,000 to carry out the works, with officials confident that funding will be granted when roads funding is announced next January.In the meantime, the council says it will try to carry out an interim lining project, in light of councillors’ concerns about safety on the road. Previous articleMan rescued from Derryveagh Mountains after getting lost in fogNext articleConcern at Milford road closure proposal News Highland Twitter LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton center_img Calls for maternity restrictions to be lifted at LUH Letterkenny Town Council examining how best to fund Circular Road lining Twitter Facebook WhatsApp Pinterest Google+ RELATED ARTICLESMORE FROM AUTHOR Three factors driving Donegal housing market – Robinson Google+last_img read more


first_imgNews Pinterest By News Highland – August 15, 2010 WhatsApp Pinterest Google+ Twitter Dail to vote later on extending emergency Covid powers A second man has been charged in connection with a bomb attack on Strand Road police station in Derry at the beginning of August..The 53-year-old man has been charged with a number of offences including possession of firearms and ammunition with intent to endanger life and possession of a prohibited weapon.He is due to appear at Derry Magistrates Court tomorrow. On Friday, 42 year old Philip O’Donnell from Baldrick Crescent in the city was charged with 12 offences, including hijacking a taxi and causing a explosion.A 42-year-old man appeared in court on Friday charged with bombing the police station on 3 August.The 53-year-old has also been charged with possession of firearms and ammunition in suspicious circumstances, and two counts of possession of imitation firearms with intent to cause fear. Previous articleAppeals for calm in Derry as 15,000 Apprentice Boys paradeNext articleFuneral of road crash victim today News Highland 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegalcenter_img Twitter HSE warns of ‘widespread cancellations’ of appointments next week Facebook WhatsApp Dail hears questions over design, funding and operation of Mica redress scheme Second man charged in connection with Strand Road bomb RELATED ARTICLESMORE FROM AUTHOR Facebook Google+ Man arrested in Derry on suspicion of drugs and criminal property offences released last_img read more