NewsMore flights from ShannonBy Bernie English – September 6, 2016 1071 BUDGET airline, Ryanair will have more flights from Shannon next year but fewer passengers.The airline is adding two weekly flights to Lanzarote from Shannon next summer.Sign up for the weekly Limerick Post newsletter Sign Up Having announced additional services from Shannon and Cork for summer 2017, airline bosses said they are taking 3 per cent of their seats from Dublin after the DAA withdrew growth incentives.The number of passengers Ryanair plans to carry from Shannon next year is 700,000 passengers on 14 routes. This is a decrease from the 2016 target of 800,[email protected] Statement in response to Ryanair’s decision to close Cork and Shannon bases for winter season Print Facebook TAGSfeaturedflightsRyanairShannon Oireachtas Committee to hold series of meetings in response to aviation crisis RELATED ARTICLESMORE FROM AUTHOR Email Shannon Chamber Expresses Disappointment at Ryanair’s Decision to Close Shannon Base for Winter Linkedin WhatsApp Walk in Covid testing available in Limerick from Saturday 10th April Twitter “Shannon Airport is a vital component of our tourism infrastructure” Advertisement No vaccines in Limerick yet Previous articleGAA – Mayoral reception for Limerick Minor HurlersNext articleCould Limerick have the best take-away? Bernie Englishhttp://www.limerickpost.ieBernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news.
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 ago 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