first_img See all posts by Roland Head Our 6 ‘Best Buys Now’ Shares Enter Your Email Address There’s a ‘double agent’ hiding in the FTSE… we recommend you buy it! The Royal Mail (LSE: RMG) share price has tripled over the last year, delivering a gain of 230% for lucky shareholders.Last year’s low share price wasn’t just down to the pandemic either. Royal Mail shares had been struggling below 250p since May 2019, as management wrestled with problems at the postal operator.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…However, business has boomed during the pandemic as parcel volumes surged. But I think there’s a chance life will get a little tougher over the next year.Right place, right timeI reckon the pandemic has probably saved shareholders from several years more pain. Royal Mail’s share price rocketed last year, as it became clear that surging parcel volumes would boost revenue and profits.According to the company, revenue for 2020/21 is expected to be more than £900m above last year. And adjusted operating profit is expected to be “around £700m”, compared to £217m in 2019/20.Overall, my feeling is that the impact of the pandemic has probably helped new CEO Simon Thompson to accelerate much-needed changes to the business. That’s good news — but what happens next?I’m not getting carried awayRoyal Mail’s results for the year ending 29 March are likely to be much better than originally expected. But I don’t think the company is through this difficult period quite yet.I think it’s fair to assume that some of our home shopping habits will continue after lockdown when non-essential stores reopen. Of course, we’ll see shoppers return to physical shopping, especially in the early days of post-lockdown. So I think growth in parcel volumes will slow sharply. We might even see a slight fall in parcel numbers.A second concern is the risk of industrial action. The threat of strike action in 2020 was lifted when the UK went into lockdown last March. But Royal Mail still needs to push through big changes in its operations. I suspect that job cuts could still be necessary too.Royal Mail share price: I’m not buyingBroker forecasts for the year ahead suggest Royal Mail’s revenue and pre-tax profit could fall slightly, before returning to growth in 2022/23.These forecasts value the stock on around 11 times earnings. Although the dividend was cancelled last year, I expect the payout to return during the coming year, with a yield of perhaps 4%.Royal Mail appears to be in better shape than I would have expected on year ago. But I’m not sure the shares are all that cheap anymore. This is a large, mature business that operates in a competitive sector where profit margins are low. Staff costs are much higher than at many rivals.These challenges aren’t going to disappear, in my view. Although I think Royal Mail will adapt and survive, I think the share price already reflects a positive outlook. I won’t be buying the stock at current levels. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to get access to our presentation, and learn how to get the name of this ‘double agent’! The Royal Mail share price is up 230%: what next?center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Roland Head | Sunday, 28th March, 2021 | More on: RMG Simply click below to discover how you can take advantage of this. Image source: GLS Roland Head has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Don’t miss our special stock presentation.It contains details of a UK-listed company our Motley Fool UK analysts are extremely enthusiastic about.They think it’s offering an incredible opportunity to grow your wealth over the long term – at its current price – regardless of what happens in the wider market.That’s why they’re referring to it as the FTSE’s ‘double agent’.Because they believe it’s working both with the market… And against it.To find out why we think you should add it to your portfolio today…last_img read more

first_imgShare on Facebook Tweet on Twitter Support conservation and fish with NEW Florida specialty license plate 1 COMMENT Please enter your name here You have entered an incorrect email address! Please enter your email address here Donna’s DealsIf you are a deal shopper, there are incredible deals to be found at Goodwill. Shoppers can score name-brand items or barely used items for a fraction of the retail cost.Understand the SalesGoodwill Stores have a 50% OFF sale every week on a certain color. In fact, sometimes two colors will be on sale at once.  Every 1st Saturday of the month, Goodwill has a half off sale for everything in the store.Shop OftenJust running in and scanning your favorite section for 5 minutes once or twice a week could help you snag a fantastic piece of furniture or home decor. Good things go fast, so be sure to pick up something you love quickly because it won’t likely last.Shop Monday or TuesdaysPeople normally have yard sales or do a thorough clean-out on the weekends – which means the big items will be dropped off on Sunday or Monday. Shop Mondays or Tuesdays to get the best selection.Know What Items to Seek OutKeep an eye out for picture frames that are easy to repaint, pieces of furniture with good bones and solid wood, unique decor that would benefit from a facelift, name brand clothes with lots of wear left.Use Your ImaginationA little chip or stain could make you pass on an otherwise great piece. Keep an open mind to what a coat of some pretty chalk paint or some re-upholstery could do.Hold On to Your TreasureGrab that item and put it in your cart while you decide. If it caught your eye, it’ll probably catch someone else’s eye while you’re wandering around deciding.Shop for HolidaysThis one might not have jumped out at you right away – but one of the secrets to saving at Goodwill is to shop the Holiday Decor section.Make a Beeline for the Dressing RoomIf you’re looking for clothes, the fitting room rack often has some of the cutest stuff and best name brands in the whole store. It’s a good first stop, to see what other women already spent time plucking out, and discarded when it didn’t fit quite right.Watch for FlawsIf you really like something, double and triple check for any holes or tears. If you can’t mend it, you might want to put it back. But even if you can mend it – show the flaw to the cashier and ask if they can take any more off. Reply That’s a lot of brown shoes! TAGSDonna’s DealsGoodwill Previous articleWhen God is Our HomeNext articleMaking Next Year’s Taxes Less Painful Denise Connell RELATED ARTICLESMORE FROM AUTHORcenter_img Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 April 26, 2017 at 9:29 pm Mama Mia Please enter your comment! The Anatomy of Fear LEAVE A REPLY Cancel reply Save my name, email, and website in this browser for the next time I comment.last_img read more

first_imgSaturday Oct 11, 2014 Uruguay vs Russia World Cup 2015 Qualifier – Full Match Replay UPDATE: The match was shown here LIVE but you can now watch the full replay aboveToday Uruguay and Russia meet in Montevideo for the crucial second leg decider to see who will qualify for Rugby World Cup 2015, to join England, Wales, Fiji and Australia in Pool A. The match will be streamed live around the world, with fans able to view the uninterrupted coverage right here.Russia edged the first leg 22-21 two weeks ago in Siberia, so it’s all to play for today for both sides. After three years, 203 matches involving 83 teams and around 3,000 players, it’s down to 80 more minutes of rugby for that final position at England 2015.If the two teams finish level on aggregate, the match will go into extra time to decide the winner.“The first leg of this final play-off in Russia last month was so close with Russia’s flair and speed eventually proving enough to overcome Uruguay’s power and precision,” said Rugby World Cup Limited Chairman Bernard Lapasset.“But there is only one point in it so both teams will fully believe they can do it.”View highlights from the first legThe IRB coverage starts at 19.00 BST (18:00 GMT, 16:00 local). Please note this stream not viewable in Uruguay (where it is televised), but available everywhere else.ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Related Articles 81 WEEKS AGO scottish prop saves fire victim 84 WEEKS AGO New Rugby X tournament insane 112 WEEKS AGO Vunipola stands by his comments supporting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items With A Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

first_imgArchDaily CopyAbout this officeAttika ArchitektenOfficeFollowProductsWoodSteel#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingLelystadHousingResidentialThe NetherlandsPublished on November 11, 2014Cite: “Drijf in Lelystad / Attika Architekten” 11 Nov 2014. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogFaucetshansgroheKitchen Mixers – Aquno Select M81Vinyl Walls3MVinyl Finishes in HealthPartners Regions HospitalPartitionsSkyfoldWhere to Increase Flexibility in SchoolsCoffee tablesBoConceptMadrid Coffee Table AD19SkylightsLAMILUXFlat Roof Exit Comfort DuoMetallicsTrimoMetal Panels for Roofs – Trimoterm SNVSkylightsVELUX CommercialModular Skylights in Atelier Zimmerlistrasse OfficeStonesNeolithSintered Stone – Iron Moss – Iron CollectionCeramicsTerrealTerracotta Facade in Manchester HospitalWoodBlumer LehmannConsulting and Engineering in Wood ProjectsGlassBendheimLuminous Mirrored GlassWire MeshTwentinoxMetal Mesh – Golf Romeo 7More products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Projects ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Contractor: Drijf in Lelystad / Attika Architekten Engineer:Ingenieursburo Meijer & Joustra bv, HeerenveenInstallations:BremanCity:LelystadCountry:The NetherlandsMore SpecsLess SpecsSave this picture!© Bart van HoekRecommended ProductsCeramicsApariciPorcelain Tiles – TangoCeramicsGrespaniaWall Tiles – Wabi SabiEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsCeramicsApavisaTiles – Jewels“Drijf in Lelystad” consists of eight floating dwellings, for eight families in Lelystad, the Netherlands. Having lived on water in their childhood, these families always dreamt to live on water again.Save this picture!Section AThe families united in a collective partnership called “Drijf in Lelystad” (Float in Lelystad) and commissioned Attika Architekten to design eight different but matching floating homes. The municipality of Lelystad, a New Town in a polder 4,8 metres under sea level, provided a water location by widening an existing ditch (poldersloot).Save this picture!Courtesy of Attika ArchitektenSince the families all had their own specific requirements and wishes, each dwelling got its own characteristic size, colour and shape. Direct contact with the water was leading in each design: unobstructed views, split level, abundant daylight, water reflections on walls and ceilings, water terraces on different levels and direct access to the water.Save this picture!© Bart van HoekThe façade panels are composed of matching colours. The palette of colours let the dwellings blend into the natural surroundings. All dwellings have two basic colours, thus providing coherence. Colour accents, chosen by the owners, make one dwelling stand out from the other, giving the homes their individual character.Save this picture!Upper Floor PlanThe floating homes were built in Urk, 40 kilometres away from Lelystad. They were constructed in timber frame on concrete caissons and towed over water to their destination. The size of the narrowest lock determined the width of the houses: 6,9 meters.Save this picture!Courtesy of Attika ArchitektenProject gallerySee allShow lessSV House / Luciano Kruk ArquitectosSelected ProjectsCTBUH Names One Central Park “Best Tall Building Worldwide” for 2014Architecture NewsProject locationAddress:Oeverzegge, 8239 Lelystad, The NetherlandsLocation to be used only as a reference. It could indicate city/country but not exact address. Share Save this picture!© ABC Arkenbouw+ 28 Share 2012 ABC Arkenbouw photographs:  ABC Arkenbouw, Bart van HoekPhotographs:  ABC Arkenbouw, Bart van Hoek, Courtesy of Attika Architekten “COPY” The Netherlandscenter_img Drijf in Lelystad / Attika ArchitektenSave this projectSaveDrijf in Lelystad / Attika Architekten Year:  CopyHousing•Lelystad, The Netherlands Photographs Year:  2012 ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Housing Architects: Attika Architekten Area Area of this architecture project “COPY” Area:  200 m² Area:  200 m² Year Completion year of this architecture project last_img read more

first_imgGive or Take to exhibit at Perfect Pitch – IT on 30 November Howard Lake | 21 November 2006 | News  16 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Online shopping site Give or Take will be exhibiting at UK Fundraising’s Perfect Pitch – IT event next week. The site rewards customers with ‘money back’ when they make purchases: they can either keep it, or donate it to charity.Give or Take are joining organisations including Giving Matters, Everyclick, Blackbaud, White Box Digital, Generate Enterprise at the free one-day event in London to demonstrate how their service can help charities and voluntary organisations raise funds.There is no charge to attend this, the second Perfect Pitch focusing on IT, but you need to register first in order to attend. Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img UK Fundraising’s Perfect Pitch Tagged with: Digital Trading About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving.last_img read more

first_imgIt is unusual for such props to be made available to the public. Mr Spielberg has made these items available as a favour to close friend Daniel Day-Lewis, who is patron of the Wicklow Hospice Foundation.Daniel Day-Lewis, nominated for an Academy award for best actor for his portrayal of Lincoln in the movie, has arranged for the Dublin premiere of the film to raise funds for building a hospice facility in Co. Wicklow, where he lives when not filming.The Foundation’s Chair Dr. Brendan Cuddihy says that it has been inundated with requests to allow American bidders to take part in the auction. The charity has agreed to accept email bids to the address in advance of Sunday’s gala event.Steven Spielberg, Daniel Day-Lewis, Sally Field, and Irish celebrities will be attending the Dublin premiere of ‘Lincoln’ on  34 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: auction Celebrity Events Ireland Spielberg donates props from ‘Lincoln’ for charity auctioncenter_img Steven Spielberg has donated props from his multi Oscar-nominated blockbuster, Lincoln, to the Wicklow Hospice Foundation for an auction at next week’s European premiere in Dublin.A series of film memorabilia including Lincoln’s handmade knife, Lincoln’s white gloves and miniature soldiers featured in the movie will all go under the hammer at the Dublin premiere next Sunday.A spokesman for the Hospice told RTE that they hoped to raise a six figure sum at the charity auction and film premiere. Advertisement Howard Lake | 18 January 2013 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving.last_img read more

first_imgAug. 16 — The hate-fueled killing of transgender people of color is yet another crime against the oppressed that happens all too often in the United States.  The latest murder happened in the Palmer Park area of Six Mile and Woodward Avenue, where lesbian, gay, bisexual and transgender people have historically gathered in Detroit.Amber MonroeAmber Monroe, a 20-year-old Wayne State University student, was shot and killed there Aug. 8 as she exited a car. The young Black transwoman had been shot before on two occasions, but survived those attacks. Monroe was the 12th transwoman to be killed in the U.S. in 2015, and the 10th transwoman of color to be reported killed so far this year.Just three days after Monroe’s death, another transwoman of color was shot in the early morning hours of Aug. 11. Walking in the Palmer Park area, she was fired on by someone from inside a moving vehicle. Fortunately, the bullet struck her hand and she survived the attack.“Equality Michigan,” an advocacy organization serving LGBTQ and HIV-affected communities, learned another trans person of color was killed on July 14. The body of 25-year-old Ashton O’Hara was found in a Detroit field, the victim of a brutal homicide. O’Hara identified as genderfluid and trans and was using male pronouns at the time of his death. He loved to dance, perform and do hair and was beloved by his friends and family, according to those who knew him.Between the Lines News (Aug. 11 and 13), published at, was the source of information for this article.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

first_img By Gary Truitt – Oct 12, 2015 Home Indiana Agriculture News Pressure Mounts on Congress to Deal With WOTUS Indiana Governor Mike Pence weighed in on Friday saying the long term solution is not in Washington but with the states, “The solutions to the challenges we face will most effectively emanate from our state capitals, not federal bureaucrats in Washington, D.C.  In Indiana, we are growing our economy, creating jobs, and feeding the world by eliminating bureaucratic red tape and reducing the size of government.  I believe that Hoosiers know best how to protect our waters, and this rule inhibits Indiana’s ability to manage its own House Agriculture Committee Chairman K. Michael Conaway (R-TX) said, “This is a tremendous victory for agriculture and the 18 states that challenged the EPA on its egregious power grab. I have vocalized my concerns since the EPA and Army Corps first proposed this rule, knowing that farmers and ranchers – the best and original stewards of our nation’s land and water – would suffer dire consequences if the agencies pushed forward without consulting the very people the rule would affect. I am encouraged by the court’s decision to stay this rule and the court’s acknowledgment that the states have demonstrated a substantial possibility of success on the merits of their claims against the EPA. As the states continue challenging the rule, we will continue with our efforts in Congress to defeat the implementation of WOTUS.” Senate Agriculture Committee Chairman Pat Roberts said, “I applaud the court for halting the rule in all states to allow justice, and some might say common sense, to play out.” Facebook Twitter Facebook Twitter Indiana Senator Joe Donnelly, one of the chief sponsors of anti-WOTUS legislation in the Senate, said in a statement Friday afternoon, “Today’s federal court ruling is in line with the concerns I have raised all along: when you write a rule without significant input from those impacted, including farmers, small business owners, and local governments, legal challenges are inevitable. No one wants cleaner water or better land conditions than the people who live and work on the land, alongside these waters every day. Instead of further lengthy and costly court battles, the EPA should accept today’s decision and decide to work with local stakeholders to find a common sense solution so that we can provide our ag producers, conservationists, and county and local governments with the regulatory certainty they need to continue efforts to improve water quality. I call on the EPA to work with me and my colleagues, Republican and Democratic, to advance the bipartisan legislation, like that I helped introduce, to provide a permanent and timely solution.”center_img Pressure Mounts on Congress to Deal With WOTUS SHARE SHARE With a court ruling on Friday that place a nationwide stay on the enforcement of the EPA’s controversial Waters of the US regulation, the focus turned to Congress to pass a permanent abolishment of the rule. “This is not over,” said Don Villwock, President of Indiana Farm Bureau. “We still don’t know how the courts will rule on this case. We still need Congressional action.”  Chip Bowling, president of the National Corn Growers Association, added, “Court battles take months, if not years – and come at a considerable cost. There has to be a better way for us to work together on a rule that is successful and lawful. That’s why we are asking the Senate to step up and pass S1140, the Federal Water Quality Protection Act. This law would stop WOTUS and give the EPA, the Army Corps, farmers, and other stakeholders the chance to work together on a better rule that we can all support.” Previous articleTrans Pacific SmackdownNext articleMorning Outlook Gary Truittlast_img read more

first_img June 2, 2021 Find out more November 23, 2020 Find out more RSF_en Organisation Receive email alerts Reporters Without Borders condemns the latest proceedings that Croatian interior minister Tomislav Karamarko has initiated against journalist Zeljko Peratovic, the target of repeated legal actions by the minister during past two years accusing him variously of defamation, violating the confidentiality of a judicial investigation and divulging information liable to disturb public order (see the release of 15 January 2009).Karamarko began this judicial harassment after Peratovic accused him of obstructing the investigation into the death of Milan Levar, a witness under the protection of the International Criminal Tribunal for the former Yugoslavia (ICTY), who was killed by a car bomb in Gospic in August 2000.In the latest move, the Zagreb prosecutor’s office opened criminal proceedings against Peratovic on 12 November for allegedly violating the confidentiality of a previous investigation initiated against him by Karamarko. Peratovic’s crime, according to the prosecutor’s office, was to have posted the depositions of prosecution witnesses on his blog on 1 August 2009.Karamarko brought a complaint against him the following month claiming that the publication of this information was liable to endanger the witnesses. Peratovic was questioned by the police about the complaint in November 2009 and by the investigative judge in March of this year. No date has so far been set for a trial. The depositions were also posted on other websites without complaints being brought against them by the minister, indicating that the safety of the witnesses was just a pretext.The interior minister’s judicial harassment is clearly designed to prevent Peratovic from working freely by forcing him to devote all his attention to the prosecutions, and to prevent him from defending himself publicly by enforcing respect for the principle of judicial confidentiality.As he already tried to do last year, Karamarko probably hopes to be able to convince the court to ban Peratovic from publishing information for an indefinite period, thereby preventing him from working as a journalist, whether writing for his blog or for other media.Reporters Without Borders is outraged by the fact that the social services have also just opened an investigation aimed as demonstrating that Peratovic does not take proper care of his daughter. A similar investigation by the social services last year ended up finding no grounds for accusations of paedophilia that had been made anonymously against him.Social workers spent more than a year trying in vain to locate the neighbours who had anonymously expressed “concern” about Peratovic. The paedophilia investigation was eventually dropped but now, at the request of the prosecutor’s office, the social services are to going to verify whether he looks after his daughter’s physical and moral well-being.It is curious that the social services have been asked to conduct this new investigation at the same time that the latest criminal proceedings were announced. Reporters Without Borders urges the social services to proceed in an impartial, independent and rational manner and to conclude the investigation if the allegations are not supported by any solid evidence. CroatiaEurope – Central Asia to go further December 2, 2020 Find out more News November 26, 2010 – Updated on January 20, 2016 Judicial harassment of Zeljko Peratovic must stopcenter_img News Follow the news on Croatia Help by sharing this information News RSF and 60 other organisations call for an EU anti-SLAPP directive News CroatiaEurope – Central Asia Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU Ten RSF recommendations for the European Unionlast_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