Month: May 2021

Bank of America Settles Claims for Record $16 Billion

first_img Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Bank of America Settles Claims for Record $16 Billion About Author: Tory Barringer Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Bank of America Mortgage-Backed Securities Settlement U.S. Department of Justice Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Bank of America announced Thursday morning it has agreed to pay a record $16.65 billion to resolve claims related to the sale of toxic mortgage-backed securities during the years leading up the financial crisis.The settlement, which comes after months of reportedly heated negotiations, is the largest civil settlement with a single entity in the history of the United States, eclipsing last year’s record-setting $13 billion agreement between the U.S. Department of Justice and JPMorgan Chase. That settlement was over similar matters.According to the announcement, Bank of America has agreed to pay a total of $9.65 billion in cash to the Justice Department, various federal regulators, and the states of California, Delaware, Illinois, Kentucky, Maryland, and New York.The remaining $7.0 billion will come in the form of consumer relief, including mortgage modifications, community stabilization efforts, and enhanced efforts to lend to low- and moderate-income communities.The agreement releases the megabank from a number of current and potential claims over its securitization of bad mortgages, including allegations that it was aware the loan underlying the securities were bad and that it knowingly misrepresented those mortgages when they were sold.It also releases the bank from certain claims related to violations of underwriting guidelines in its production of loans insured by the Federal Housing Administration (FHA).In a statement, Bank of America noted the claims against the bank primarily focused on conduct that occurred at Countrywide and Merrill Lynch before its acquisition of the two companies. The statement adds that the settlement is expected to cut BofA’s third-quarter pretax earnings by $5.3 billion.”We believe this settlement, which resolves significant remaining mortgage-related exposures, is in the best interests of our shareholders, and allows us to continue to focus on the future,” said CEO Brian Moynihan.The agreement marks one of the last major legal hurdles Bank of America has had to clear this year. In July, the firm announced a year-over-year decline in second-quarter profits, largely due to litigation expenses related to legacy mortgage problems. That was followed up weeks later by a ruling that the bank must pay $1.3 billion in a case related to problem loans originated by Countrywide.In its announcement on Thursday, Bank of America said it has reviewed the court ruling in the case and intends to file an appeal. Subscribe Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington’s student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News’ sister publication, MReport, which focuses on mortgage banking news. Related Articles Demand Propels Home Prices Upward 2 days agocenter_img Servicers Navigate the Post-Pandemic World 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 in Featured, Government, Headlines, News  Print This Post August 21, 2014 2,347 Views The Best Markets For Residential Property Investors 2 days ago Previous: DS News Webcast: Thursday 8/21/2014 Next: Non-Foreclosure Solutions Outpace Foreclosures 4 to 1 Bank of America Mortgage-Backed Securities Settlement U.S. Department of Justice 2014-08-21 Tory Barringer The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Featured / Bank of America Settles Claims for Record $16 Billion Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

REO Liquidations Continue to Top Short Sales for Higher Share of UPB Recovery

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Brian Honea Share Save Demand Propels Home Prices Upward 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 Data Provider Black Knight to Acquire Top of Mind 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 Black Knight Financial Services Mortgage Delinquency Rate REO Liquidations Short Sales 2015-02-02 Brian Honea 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.  Print This Post Demand Propels Home Prices Upward 2 days agocenter_img Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / REO Liquidations Continue to Top Short Sales for Higher Share of UPB Recovery The Best Markets For Residential Property Investors 2 days ago Tagged with: Black Knight Financial Services Mortgage Delinquency Rate REO Liquidations Short Sales in Daily Dose, Featured, News, REO REO Liquidations Continue to Top Short Sales for Higher Share of UPB Recovery Previous: DS News Webcast: Monday 2/2/2015 Next: HUD Provides Guidance for Use of Housing Trust Fund Allocations REO liquidations have amassed a higher share of gross unpaid balance (UPB) recovery than short sales since the fourth quarter of 2012, reversing a crisis-years trend, according to Black Knight Financial Services’ December 2014 Mortgage Monitor released Monday.As of the end of October 2014, REO sales prices accounted for 71 percent of the corresponding loans’ defaulted UPBs, compared to 65 percent for short sales prices, largely due to home price appreciation, according to Black Knight. Third-party sales at foreclosure auctions beat out both REO and short sales, as they have historically, with an average gross sales price of 116 percent of UPB, according to Trey Barnes, Black Knight SVP of Loan Data Products.”Black Knight’s Resolution Module combines the industry’s largest loan-level and property records databases to identify millions of involuntary liquidations, allowing our clients to accurately benchmark, calculate and model future losses on underperforming mortgages,” Barnes said. “The most recent data shows that since Q4 2012, lenders have been recovering greater gross percentages of UPB through REO liquidations than through short sales; reversing a trend that held true throughout the housing market’s crisis years. Of course, REO sales have additional timelines and associated costs that impact total losses and are not accounted for in this analysis.”When separated by investor groups, Black Knight also found in its December Mortgage Monitor that REO sales prices on GSE loans had the highest percentage of corresponding loans’ outstanding UPB. Private loans sold at approximately 70 percent of UPB, while Federal Housing Administration/Veterans’ Administration loans averaged about 65 percent of UPB.”REO sales on GSE loans gross a significantly higher percentage of UPB than do FHA and private/portfolio loans,” Barnes said. “GSE loans are currently averaging 75 percent gross UPB recovery through REO, whereas FHA loans see just 65 percent. Portfolio and private loans land in the middle, with gross recovery of 70 percent of UPB.”The REO timelines for completing liquidation of GSE loans were shorter than for FHA or private/portfolio loans, taking about 11.5 months on average as of the end of October, according to Black Knight. Private/portfolio loans took an average of about 12.2 months to complete, while the average time to complete liquidation on FHA/VA loans averaged 14.6 months.”Given the additional carrying costs lenders face while holding REO properties, the longer timelines associated with FHA and private/portfolio loans can add up,” Barnes said.Also in the report, Black Knight found that out of the approximately 675,000 loans that rolled from current to 30 days past due in November, more than half (53 percent) returned to current status in December. Only 13 percent rolled into 60 day delinquency. About 32 percent of the loans remained 30 days past due, while 1 percent of them were paid in full.As reported in Black Knight’s First Look at Mortgage Data for December two weeks ago, the delinquency rate (number of loans 30 days or more overdue but not in foreclosure) dropped down to 5.64 percent, a decline of 7.21 month-over-month and 12.72 percent year-over-year. The number of delinquent residential properties nationwide as of the end of December was approximately 2.87 million, according to Black Knight.The monthly pre-payment rate, also known as the SMM (single month mortality) rate – usually a good indicator of refinance activity – jumped by 25 percent up to 1.15 percent in December, according to Black Knight. It was the largest monthly increase for the SMM rate since February 2009. Sign up for DS News Daily February 2, 2015 1,425 Views last_img read more

Yellen Talks Economic Outlook as Tenure Winds Down

first_imgHome / Daily Dose / Yellen Talks Economic Outlook as Tenure Winds Down Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 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] Data Provider Black Knight to Acquire Top of Mind 2 days ago Janet Yellen,Chair of the Board of GovernorsFederal Reserve SystemAndrew Harrer/Bloomberg via Getty ImagesFederal Reserve Chair Janet Yellen delivered her Economic Outlook testimony on Wednesday—which could be her last appearance before Congress before she leaves the Fed in February.Overall, Yellen said that the U.S. economy has strengthened further this year. Despite adversity caused by the recent natural disasters, noting that job gains averaged about 170,000 per month from January through October—as 17 million more Americans are employed now than eight years ago.Meanwhile, the unemployment rate, 4.1 percent in October, “has fallen 0.6 percentage point since the turn of the year and is nearly 6 percentage points below its peak in 2010.”However, even with an increase in economic growth and stronger employment, Yellen addressed that inflation has continued to run below the 2 percent rate goal of the Federal Open Market Committee (FOMC).“In my view, the recent lower readings on inflation likely reflect transitory factors, Yellen said before the Joint Economic Committee. “As these transitory factors fade, I anticipate that inflation will stabilize around 2 percent over the medium term.”Yellen discussed changes to the target range for the federal fund rate will continue to be the FOMC’s primary means of adjusting the stance of monetary policy, suggesting that the committee should maintain the existing target range for the gradual rate hike.“We continue to expect that gradual increases in the federal fund’s rate will be appropriate to sustain a healthy labor market and stabilize inflation around the FOMC’s 2 percent objective,” Yellen said.Yellen’s potential successor, Jerome Powell discussed interest rates Tuesday morning during his hearing before the U.S. Senate Committee on Banking, Housing, and Urban Affairs.Powell said, under his leadership, the Fed would at least consider raising interest rates in the near term. “Conditions are supportive of doing that,” said Powell, but he declined to make any specific commitments on the subject.Further economic outlook was reported through the Fed’s Beige Book, and according to the report’s national summary, economic activity increased at a “modest to moderate pace” across all 12 districts in October and mid-November.The Fed’s report added residential real estate activity remained constrained, with most districts reporting small growth in sales or construction. Conversely, nonresidential activity was consistent with previous reports of slight growth.Although price pressures have strengthened, most districts reported “modest to moderate growth in selling prices and moderate increases in non-labor input costs.”Specifically, construction-material costs increased in most regions, with many districts attributing higher lumber costs in demand for materials due to hurricane rebuilding efforts. Yellen Talks Economic Outlook as Tenure Winds Down Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Board of Governors of the Federal Reserve System Federal Reserve Chair HOUSING Janet Yellen Jerome Powell mortgage 2017-11-29 Nicole Casperson Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Government, Journal, Newscenter_img Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago November 29, 2017 2,209 Views Tagged with: Board of Governors of the Federal Reserve System Federal Reserve Chair HOUSING Janet Yellen Jerome Powell mortgage About Author: Nicole Casperson  Print This Post Previous: Pending Home Sales Rebound, or Not . . . Next: Ginnie Mae’s Bright Future The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribelast_img read more

Strengthening the Industry Through Diversity and Inclusion

first_img Policies promoting diversity and inclusion offer many benefits from both practical and ethical standpoints. On Wednesday, May 30, the American Mortgage Diversity Council presented a complimentary webinar delving into why D&I also make good business sense. If you missed out on the webinar on Wednesday, don’t worry—you can listen to a full recording of the presentation simply by clicking here and registering.Entitled “Making the Business Case for Diversity & Inclusion,” this most recent AMDC webinar explored how increasing inclusiveness contributes to the health of an organization and benefits the bottom line. The webinar presented an overview of practical steps that your business can take to promote diversity in the workplace.Tami Rund, CEO, AssetVal, and Monika Peltz, SVP of Default Operations at First American Title, co-hosted the webinar, providing industry professionals and diversity practitioners with practical education to deepen their knowledge on issues related to D&I. The webinar also included presentations from AMDC member firms AssetVal, Continental Real Estate Services, First Allegiance, and First American.The American Mortgage Diversity Council provides a platform for collaboration of mortgage industry leaders for the advancement of diversity and inclusion dialogue. The organization fosters discussion and promotes action through active participation with mortgage lenders, servicers, and related service providers. AMDC regularly engages with various federal agencies with respect to policy and procedure impacting diversity and inclusion across the mortgage industry.Click here to learn more about the AMDC webinar series, and also be sure to register here for the upcoming DS News “Zombie Homes—Challenges and Guidance” webinar, sponsored by Altisource Field Services and scheduled for June 21 at 2 p.m. CT. Related Articles Sign up for DS News Daily in Daily Dose, Featured, Journal, Market Studies, News, Servicing  Print This Post About Author: David Wharton David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] AMDC Diversity and Inclusion Webinars 2018-05-30 David Wharton Home / Daily Dose / Strengthening the Industry Through Diversity and Inclusion The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Outdoor Property Enhancements and ROI Next: Loan Defects Up Since 2017 Strengthening the Industry Through Diversity and Inclusion Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img Share Save Subscribe May 30, 2018 1,902 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago 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 Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: AMDC Diversity and Inclusion Webinars The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

Charting the Path Forward for Mortgage Servicing

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Charting the Path Forward for Mortgage Servicing in Daily Dose, Featured, Government, News, Servicing Previous: Q1 Trends in Regulatory Actions Next: VFSAC Golf Classic: Supporting Military Veterans’ Housing Needs The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save Home / Daily Dose / Charting the Path Forward for Mortgage Servicing Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: 2019 Five Star Government Forum FSGF National Mortgage Servicing Association NMSA Wes Iseley Related Articlescenter_img  Print This Post About Author: Seth Welborn During an annual meeting of the National Mortgage Servicing Association (NMSA) in Washington, D.C., Wes Iseley, Senior Managing Director at Carrington Mortgage Holdings, was announced as the organization’s new Chair. He inherits the role from Ray Barbone, EVP of Mortgage Services for BankUnited.The NMSA is a nonpartisan organization driven by senior executive representation from the nation’s leading mortgage servicing organizations, formed for the purpose of effecting progress and change on the key challenges that face the mortgage servicing industry.“It is an honor to serve as the incoming Chair of the NMSA,” Iseley told DS News. “The NMSA will continue to work together to improve the industry and our service to our consumers.” As the NMSA’s new Chair, Iseley added that he will strive toward “solutions to be adopted by our governing bodies to make us more efficient and valuable to the consumers we provide service to.”Incoming NMSA Chair Wes IseleyPrior to Carrington, Iseley was President of Saxon Mortgage, a Morgan Stanley Company. Iseley worked daily with the trading desk at Morgan Stanley and reported directly to the Global Head of Residential Real Estate.”I congratulate Wes Iseley on being appointed Chair of NMSA and look forward to working with him to continue the association’s critical work,” said Ed Delgado, President and CEO of Five Star Global. “His proven success in leading organizations and reputation as an excellent communicator, make Wes the right leader to guide NMSA towards effecting progress and change on the key challenges facing the mortgage servicing industry.”Speaking of the legacy of outgoing Chair Ray Barbone, Iseley said, “Ray Barbone’s leadership is evident in where the NMSA is today and how many of the top servicers are active in the group. He was instrumental in bringing key players together during the disasters we all faced during his tenure.”Roy Diaz, Chair of the Legal League 100, addresses the NMSA crowd.The meeting also included an update from Roy Diaz, Chair of the Legal League 100. Diaz discussed current mortgage servicing challenges from a legal perspective and provided an update on the recent Supreme Court ruling in the case of Obduskey v. McCarthy & Holthus LLP. The Court found that businesses engaged in nonjudicial foreclosure proceedings are not considered “debt collectors” under the Fair Debt Collection Practices Act.The NMSA meeting was part of a packed week in Washington, D.C., that included Tuesday’s tenth annual Five Star Government Forum, where leaders from mortgage servicing and the federal government engaged in open dialogue about the industry’s most pressing issues. That even included keynotes from both  Dr. Benjamin S. Carson, Secretary, U.S. Department of Housing and Urban Development (HUD) and  The Hon. Brian D. Montgomery, Acting Deputy Secretary and Assistant Secretary for Housing-Federal Housing Commissioner, HUD. You can read our coverage of the event here.Part of the mission of the NSMA is to create and publish resources for the benefit of the mortgage servicing industry. For example, at the 2018 National Mortgage Servicing Association Member meeting, former Carrington Mortgage Holdings EVP Rick Sharga presented a State of the Housing Market Report covering multiple economic factors relevant to servicers. Additional resources provided by the NMSA include a white paper aimed at producing “common sense, practical, and affordable remedies” to reduce the costs of foreclosure practices and address community blight. You can read the full white paper, as well as other NMSA publications, by clicking here. Sign up for DS News Daily 2019 Five Star Government Forum FSGF National Mortgage Servicing Association NMSA Wes Iseley 2019-04-24 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago April 24, 2019 2,643 Views Governmental Measures Target Expanded Access to Affordable Housing 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. last_img read more

How Financially Literate Are Today’s Consumers?

first_img Demand Propels Home Prices Upward 2 days ago How Financially Literate Are Today’s Consumers? Related Articles What did American consumers learn about credit and finances following the housing-market collapse and ensuing economic crisis, and have lessons from the late aughts carried over to today’s pandemic and post-pandemic environment?Researchers at WalletHub wondered, “How much have we learned from past mistakes, and what are we doing to help future generations avoid repeating them?”Then they analyzed financial-education programs and consumer habits—combined with the results of their proprietary WalletLiteracy Survey—in each of the 50 states and the District of Columbia in an effort to find the answer.The unsettling conclusion: “Not enough.””We ended 2020 with close to $1 trillion in total credit-card debt, even after record-breaking paydowns due to the COVID-19 stimulus,” WalletHub Managing Editor John S Kiernan said. “Our mountain of debt is unsurprising, considering that less than half of adults actually have a budget. It’s clear that better financial education is necessary to try to turn this trend around. The problems aren’t as pronounced in every state, though; some are more responsible than others.”Here’s how each state fared (hover over the state to see its rank):Source: WalletHubVirginia, Utah, Colorado, New Hampshire, and New Jersey topped the list of most financially literate states in the country.The researchers went on to break down the rankings while taking into consideration factors including gender, race, income, marital status, education level, and age. All of those scores are viewable at WalletHub.com/edu.The study also showed how financial literacy correlates with credit scores, also by state. Share Save Subscribe Home / Daily Dose / How Financially Literate Are Today’s Consumers? The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Optimism Fuels Housing Market Sentiment Next: Some Things Are Better in Bulk Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News The Best Markets For Residential Property Investors 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Christina Hughes Babb  Print This Post Source: WalletHubThe National Association of Realtors (NAR) last year published a report on financial literacy and homeownership, which showed that financial literacy is an important determinant of homeownership because it affects savings behavior.”If parents do not teach the right values and skills, we can see some of the reasons why it is difficult for adult children to make strides in making sound financial decisions, including purchasing a home,” noted Research Data Specialist Michael Hyman.That research, available at NAR.realtor/blogs, examines financial literacy indicators and how a low level of financial literacy could contribute to the wealth gap, the variation in homeownership among ethnic groups, and the importance of financial literacy in addressing these issues.Experts weighing in on WalletHub’s study discussed, among other things, the correct balance between expecting consumers to educate themselves versus regulating financial service providers.Business professor John Colletti said that while “self-empowerment gained from one’s financial understandings is invaluable,” regulation is necessary “due to unscrupulous business practices” and to assist those “lacking solid financial knowledge.”Jennifer Bethel and Robin Kahn, faculty members and facilitators of a financial literacy project at Babson College, point out that the consumer finance landscape is far more complicated today than it was even 30 years ago.”Regulating financial service providers to fully and fairly disclose information about financial products is an essential first step, but it does not address the broader education issue,” wrote Bethel and Kahn in a co-response to the study’s findings. “Consumers, each of whom is making critical financial decisions, have different needs concerning education and the need for protection. A concerted education campaign is an important second step.” The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago 2021-04-07 Christina Hughes Babb April 7, 2021 6,650 Views Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily last_img read more

Pearse Doherty ordered out of Dail

first_imgNewsx Adverts NPHET ‘positive’ on easing restrictions – Donnelly Calls for maternity restrictions to be lifted at LUH Twitter Google+ Google+ Sinn Féin TD Pearse Doherty has been suspended from the Dáil after refusing to obey the orders of the Ceann Comhairle, Seán Barrett.The dispute arose when Deputy Doherty made allegations about the new Secretary General at the Department of Finance.Mr Doherty told the Dáil that John Moran had headed up a company that was censured by a US watchdog agency.However, a Department of Finance spokesperson said that the events cited by the US Securities and Exchange Commission had occurred in the New York office of Zurich Capital Markets before Mr Moran joined that office.The Ceann Comhairle told the Sinn Fein Finance spokesperson to leave the Dail when he continued to probe the issue:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/03/14dohe1.mp3[/podcast] WhatsApp Previous articleUncle says RAAD shot his nephews to prevent Andrew Allen murder retaliationNext article70k in funding confirmed for Rory Gallagher and Earagail Arts Festivals News Highland Facebook Twitter Guidelines for reopening of hospitality sector published center_img By News Highland – March 8, 2012 WhatsApp Pinterest RELATED ARTICLESMORE FROM AUTHOR Help sought in search for missing 27 year old in Letterkenny Pinterest Three factors driving Donegal housing market – Robinson Facebook Pearse Doherty ordered out of Dail LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamiltonlast_img read more

Oil transfer complete in Belfast Lough

first_imgNews LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Twitter Previous articleMore budget protests taking place this afternoonNext articleHundreds attend budget demonstrations in seven Donegal towns and villages News Highland RELATED ARTICLESMORE FROM AUTHOR WhatsApp Twitter Facebook Oil transfer complete in Belfast Lough Facebook NPHET ‘positive’ on easing restrictions – Donnelly Three factors driving Donegal housing market – Robinson center_img Calls for maternity restrictions to be lifted at LUH The transfer of 54,000 tonnes of oil from a damaged tanker in Belfast Lough has been successfully completed.The Genmar Companion had been sheltering in the Lough since a crack was found on its deck 40 miles off Tory Island just over three weeks ago as the ship was heading from Rottrerdam to New York.The oil was pumped onto the BW Seine in an operation that started on Friday evening, and had to be halted at least once as a result of high winds.The Genmar Companion is now being brought into Belfast Harbour for repairs. By News Highland – January 8, 2012 Pinterest WhatsApp Almost 10,000 appointments cancelled in Saolta Hospital Group this week Pinterest Google+ Guidelines for reopening of hospitality sector published Google+last_img read more

Carers’ Week survey shows there are nearly 7,500 carers in Donegal

first_img Pinterest LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Guidelines for reopening of hospitality sector published WhatsApp Twitter Carers’ Week survey shows there are nearly 7,500 carers in Donegal Google+ Three factors driving Donegal housing market – Robinson Almost 10,000 appointments cancelled in Saolta Hospital Group this week The majority of carers in this country say other family members are their most important source of help.Recent Central Statistics Office figures show that there are currently 7, 433 Carers working in Donegal, a full 4% of the county’s population.Of those, 28% are providing unpaid care for 43 or more hours per week.Care Alliance Ireland which provides support for family carers is hoping that Carers’ Week, which begins today, will reiterate the importance of providing adequate back-up at a time when the 19 per cent cut to the respite care grant looms.Care Alliance Spokesperson Liam O Sullivan says it’s an important week………..[podcast]http://www.highlandradio.com/wp-content/uploads/2013/06/carer830.mp3[/podcast] Google+ Newscenter_img Pinterest WhatsApp RELATED ARTICLESMORE FROM AUTHOR Calls for maternity restrictions to be lifted at LUH By News Highland – June 10, 2013 Facebook Twitter Previous articleUpdate – St Eunan’s College principal says department is committed to extensionNext articlePossible human remains found on Magheragallon beach News Highland Facebook Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margeylast_img read more

The Irish Cancer Society launches new campaign in Donegal

first_img WhatsApp Facebook HSE warns of ‘widespread cancellations’ of appointments next week Man arrested in Derry on suspicion of drugs and criminal property offences released WhatsApp Previous articleFood Safety Authority briefly closes Letterkenny restuarantNext articleHSE has ‘lost the plot’ by relecting Marley Coaches patients offer News Highland Twitter Dail hears questions over design, funding and operation of Mica redress scheme The Irish Cancer Society is to launch a new campaign in Donegal aimed at raising money for breast cancer research.The Get the Girls Campaign is calling on all women in the county to get involved.Women can get together and raise money for breast cancer in any way they want.Donna Parsons from the Irish Cancer Society explains how people can get involved:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/09/don830CANCER.mp3[/podcast] The Irish Cancer Society launches new campaign in Donegal Twitter Google+center_img Pinterest News Dail to vote later on extending emergency Covid powers Pinterest Watch: The Nine Til Noon Show LIVE RELATED ARTICLESMORE FROM AUTHOR Facebook Google+ By News Highland – September 5, 2012 PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegallast_img read more