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Solomon Airlines first allfemale crew takes the helm

first_imgSource = Mike Parker-Brown, Solomon Airlines PR Solomon Airlines first all-female crew takes the helm SOL – Cpt. Linda Tito Owen and First officer Patricia AvosaSolomon Airlines first all-female crew takes the helmMaking Solomon Islands aviation history, for the first time an all-female crew has taken command on a Solomon Airlines’ aircraft operating on the carrier’s domestic services.The two pilots, Captain Linda Tito Owen and Frist Officer Patricia Avosa took to the skies last week at the helm of a Twin Otter aircraft operating on the carrier’s busy domestic schedules.A Solomon Airlines spokesperson said the event was a benchmark moment for the carrier’s equal opportunity development for its female pilots, Captain Owen and First Officer Avosa’s joint success representing a major achievement especially in the context of a traditionally male dominated Melanesian environment.Captain Owen and First Officer Avosa follow hard on the footsteps of New Zealander Captain Claudia Walding who became the first female pilot to take command of Solomon Airlines’ flagship Airbus A320 last year.A statement from the Solomon Airlines’ Human Resources Department said the airline was immensely proud of all its female pilots.“This further development is a major achievement and represents yet another milestone in Solomon Airlines’ gender empowerment effort,” the spokesperson said.“Although females make up the majority of the work force within the tourism industry, the aviation industry is largely male dominated,” the spokesperson said.“However, Solomon Airlines can proudly attest to the fact that it does undertake gender equality with vigour and enthusiasm as part of its overall human resource development strategy.”last_img read more

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BedJet partners with Gurneys Newport Resort and Marina

first_imgBedJet partners with Gurney’s Newport Resort and MarinaBedJet partners with Gurney’s Newport Resort and MarinaBedJet LLC (“BedJet”), a nationally recognized sleep technology start-up company known for a Top 25 Kickstarter tech campaign and an appearance on ABC’s hit show “Shark Tank,” announces Gurney’s Newport Resort and Marina as the newest partner in its sleep technology comfort pilot program. The program launched in the summer of 2017 and is available exclusively to luxury hotels.Released in 2015, BedJet is the first automated smart climate comfort system for beds. Equipped with ultra-rapid temperature control technology, BedJet enables sleepers to instantly find and set their perfect sleep temperature. The device incorporates innovative biorhythm temperature technology, enabling automated temperature adjustments throughout the night to help users get to sleep faster, stay asleep longer and wake up more refreshed.As part of the partnership, BedJet installed V2 climate comfort systems in 10 select suites at Gurney’s. Guests in BedJet-equipped suites operate the comfort system via remote control or by accessing a free smartphone app.“Managing hotel room temperatures can be a notoriously difficult challenge,” said Mark Aramli, BedJet’s founder and inventor. “We’re excited to partner with Gurney’s to offer this game-changing comfort amenity to guests at their Newport location.”The installation was overseen by Gurney’s Resort Manager David Smiley. “We are very excited to be partnering with BedJet. We believe it’s a unique offering for our guests to further ensure an exceptional experience during their stay,” Smiley said.About BedJet LLC: BedJet is a sleep technology start-up that launched the groundbreaking BedJet cooling, heating and climate comfort system made just for beds.  BedJet is re-inventing the sleep experience with advanced technology and proven medical sleep science. Based in Newport, R.I., the company was founded in 2013 by inventor and former NASA space suit engineer Mark Aramli.  For more information, visit www.bedjet.comAbout Gurney’s Newport Resort & Marina: Gurney’s Newport Resort & Marina debuted January 2017 as the only four-season resort in Newport, RI. Surrounded by water with frontage on both the Narragansett Bay and Newport Harbor and a few minutes’ walk to Downtown Newport, Gurney’s Newport has 257 rooms and suites, four restaurant outlets, indoor and outdoor pools, fitness center, spa, and spacious banquet space for groups and events. Under new ownership led by George Filopoulos and Lloyd Goldman, the resort will feature a refreshed lobby, new marina in early 2017, as well as enhanced pool deck and updated culinary outlets by summer 2017. Gurney’s Newport marks an expansion of the Gurney’s brand in the northeast, following the success of Gurney’s Montauk Resort & Seawater Spa in the Hamptons, NY. www.gurneysnewport.com. Be social with #GurneysNewport at https://www.facebook.com/gurneysnewport/, www.instagram.com/gurneysnewport and www.twitter.com/gurneysnewport.Source = BedJetlast_img read more

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Best in business descend on Sunshine Coast

first_imgAndrew Heibel (CEO AACB), Simon Latchford (CEO VSC), Karen Bolinger (President AACB), Meaghan Scanlon MP (Qld Assistant Minister Tourism Industry Development) and Kelly Maynard (Business Events Manager of Tourism Australia).Best in business descend on Sunshine CoastThe 29th Association of Australian Convention Bureau Annual (AACB) Conference has kicked off on the Sunshine Coast.The event theme, “The next wave: Exceeding tomorrow’s expectations” has attracted over 120 attendees – a record number and a who’s who from the business events and conference sector.AACB CEO, Andrew Hiebl, said that Australia’s strongest business events competitors will come together on the Sunshine Coast to collaborate with the aim of growing the industry. We will be hearing from local and international speakers with the future in mind, covering topics from destination storytelling techniques to the impacts of emerging technologies.Visit Sunshine Coast (VSC) CEO, Simon Latchford, said the Sunshine Coast has gone from strength to strength as a popular destination for business events and incentive experiences and hosting this is the AACB event for the first time on the Sunshine Coast will demonstrate what the region can offer.“With business events estimated to be worth $40.8 million to the Sunshine Coast region, showcasing what our region can offer and collaborating with the best in the business makes good sense. Hosting a prestigious industry event such as the AACB Conference attracts high profile industry speakers and experts, providing a unique opportunity for knowledge exchange.“We welcome the recent announcement of a feasibility study into a new convention centre for the Sunshine Coast. A dedicated, multi-functional meetings and events centre would be a huge asset for the Sunshine Coast and would be a centrepiece for the new Maroochydore town centre.“However, in the interim we have proven not to be constrained by our location and facilities to host more high yielding ‘briefcase & boardies style’ business events. As a regional destination competing against the capital cities, we can offer the same level of service and innovation, but with the added benefits of the breath-taking landscapes and accompanying activities that you don’t come across in a big city,” said Mr Latchford.The prestigious AACB conference was secured by Business Events Sunshine Coast and is timely for the Sunshine Coast with the Queensland Government announcing last week a commitment of $700,000 to develop a business case for the Sunshine Coast Entertainment, Convention and Exhibition Centre via the Maturing the Infrastructure Pipeline Program.Delegates enjoyed a relaxed welcome function with Sunshine Coast style hospitality last night at hot new venue, ‘Pier 33’ in Mooloolaba.Source = Association of Australian Convention Bureaulast_img read more

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Princess Cruises begins one year countdown to Enchanted Princess

first_imgPrincess Cruises begins one year countdown to Enchanted PrincessPrincess Cruises begins one year countdown to Enchanted PrincessConstruction of the 143,700-tonne ship is currently under way in the Fincantieri shipyard in Monfalcone, Italy, where it will take a total of three million construction hours to build. On completion, the vessel will carry 3,660 guests and sail from Southampton for an inaugural season in the Mediterranean before heading to the Caribbean in autumn 2020.Its maiden voyage will be a 10-night sailing to Rome, calling at Bilbao, Lisbon, Gibraltar, Barcelona, Toulon/Provence (La Seyne) and Florence/Pisa (Livorno), departing on July 1, 2020.Enchanted Princess is the sister ship to Royal Princess, Regal Princess, Majestic Princess and Sky Princess, which joins the fleet in October 2019. Royal Princess was the most recent vessel from the line’s fleet to be named in Southampton, in 2013, by Her Royal Highness, Catherine, The Duchess of Cambridge.Enchanted Princess will be an evolution of her sister ships with enhancements, which are also set to feature on Sky Princess, including:Two Sky Suites have the largest balconies at sea, which will be centrally located on the top decks. Measuring 94 square metres (starboard side Sky Suite) and 88 square metres (port side Sky Suite) the furnished balconies will provide a private vantage of the top deck Movies Under the Stars cinema screen, offering 270-degree panorama views and sleeping up to five guests. They will feature two bedrooms, two bathrooms and a dining area with skylight as well as a host of exclusive amenities.Princess MedallionClass  experience, featuring the complimentary OceanMedallion™ wearable device delivers an entirely new level of service and creates a holiday that is more simple, effortless and personalized with:Expedited Arrival – Guests who arrive at the terminal with travel documents (i.e. passports) uploaded to their profile enjoy a streamlined and expedited check-in process that gets their holiday started even sooner.On-Demand Services – Food, beverage, retail order and hospitality services delivered to your location: Using smart devices, guests have the ability to order drinks, food and retail items like sunscreen and have them delivered directly anywhere on board, including to their stateroom.Family and Friends Locator – Finding travel companions and directional ship information: Accessible on portals throughout the ships and via guests’ smart devices, OceanCompassTM leverages the OceanMedallion to easily locate and chat with friends and family on board, as well as enables point-to-point wayfinding throughout the ship. OceanCompass guides guests throughout their journey, providing directional information so they can seamlessly navigate to their next point of interest.New entertainment such as jazz lounge Take Five, a redesigned Vista Lounge and an enhanced Princess TheatreMore than 25 dining venues and bars including the World Fresh Marketplace and speciality restaurants including La Mer, our French Bistro, our award-winning  Crown Grill Steakhouse and Sabatini’s Italian TrattoriaA redesigned Sanctuary area, the spa-inspired top deck retreat reserved for adults. The Sanctuary will feature an enhanced, contemporary design including twice as many private cabanas as its sister ships, as well as new lounge furniture and the option for guests to indulge in a spa treatmentPrincess Cruises Senior Vice President Asia Pacific Stuart Allison said, “With just one year to go until the launch of Enchanted Princess in the UK this is an exciting time for Princess Cruises as we prepare to add another ship to our fleet. Enchanted Princess will showcase our continued commitment to offering premium services and features  for our guests, as well as maintaining the signature Princess experience that our guests have come to know and love.”Fares for a 22-night Grand Mediterranean cruise onboard Enchanted Princess departing 14 October 2020 start from AUD $ 6,019  per person, twin share.*Enchanted Princess interesting facts:With a length of 330 metres, Enchanted Princess is longer than the height of The Shard, the tallest UK buildingAt 66 metres, Enchanted Princess is around the height of 15 double-decker buses stacked on top of one anotherThere will be 4,023 km of electrical cabling in Enchanted Princess, equivalent to the distance between London and Cairo378,541 litres of paint will be used in the construction of Enchanted Princess, more than 10 times the amount required annually to paint the Golden Gate BridgeEnchanted Princess will feature 181,437 kgs of marble, 30 times the amount used in Michelangelo’s statue of DavidEnchanted Princess’ anchor is 12,700 kgs, twice the weight of an elephantEnchanted Princess will have a top speed of 22 knots (25 mph) and 15,000KW of transverse (sideways) thruster power. Princess Cruises’ original Love Boat, Pacific Princess, had a forward propulsion power of about 13,500KW, meaning Enchanted Princess can go faster sideways than the original Pacific Princess could travel forward Source = Princess Cruiseslast_img read more

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Government extends eTourist Visa scheme to 36 more countries

first_imgThe Government of India launched the e-Tourist Visa on November 27, 2014. The scheme had been extended to 77 countries at nine airports designated for providing e-Tourist visa service.The Centre is now going to extend this facility to 36 more countries from August 15, 2015. The new countries which will be included in e-Tourist Visa scheme are Andorra, Argentina, Armenia, Aruba, Belgium, Bolivia, Colombia, Cuba, East Timor, Guatemala, Hungary, Ireland, Jamaica, Malta, Malaysia, Mongolia, Monaco, Mozambique, Netherlands, Panama, Peru, Poland, Portugal, Seychelles, Slovenia, Spain, St Lucia, St Vincent & the Grenadines, Suriname, Sweden, Taiwan, Tanzania, Turks & Caicos Island, United  Kingdom, Uruguay, and Venezuela.With this addition, the total count of countries under the scheme will go upto 113.Simultaneously, the Centre is going to add 7 more Indian airports as designated airports for entry on e-Tourist Visa from August 15, 2015. New Airports which will be included in the scheme are Ahmedabad, Amritsar, Gaya, Jaipur, Lucknow, Tirchy, and Varanasi.With this, the total number of designated airports will become 16.Since the launch of the scheme on November 27, 2014, more than 2,00,000 e-Tourist Visas have been issued till now. It is expected that this substantial addition of countries and airports will give big boost to the tourism industry in the country.Further details in this regard may be checked on the e-Tourist Visa website: indianvisaonline.gov.in/visa/tvoa.last_img read more

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The next big thing in Crete

first_imgIn a genius move, the Greek island of Crete is using its tradition of fresh local produce to further advance tourism.Source: BBClast_img

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Marriott Golf adds Arabella Hotel and Spa in South Africa

first_imgMarriott Golf, the global golf division of Marriott International, Inc., announced further global expansion, with it’s first-ever managed golf resort property in South Africa, the Arabella Golf Club, located in Hermanus, South Africa, near Cape Town.  This expansion news comes on the heels of Marriott Golf adding resort golf facilities in Fiji, New Caledonia, Uruguay, Spain and Portugal in 2017.Surrounded by the magnificent Kogelberg mountain range and Bot River Lagoon and edged by wild fynbos, the picturesque Arabella Golf Course is the ideal place to pursue a passion for golf and enjoy an ideal golf holiday. The 18-hole, Par 72 Championship course has consistently been ranked in the top 10 courses in South Africa. The 8th hole has been described as one of the most beautiful par 5’s in South Africa and the 18th hole was rated one of the finest finishing holes in the country.The course was designed and built by the acclaimed South African golf course architect Peter Matkovich in 1999. Since then, many professionals and celebrities have enjoyed the Arabella Golf experience, including Jack Nicklaus, Samuel L. Jackson, Ernie Els, Retief Goosen, Lee Westwood, Tim Clark, and Gary Player.“The newest addition to the Marriott International golf portfolio offers our Rewards members and all guests another opportunity to combine world class travel experiences with great golf,” said Jim Keane, Senior Director, Golf Operations and Development Planning, Marriott International, Inc.last_img read more

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Californias Greatest Obstacle Is Shrinking Inventory

first_img May 23, 2012 466 Views Agents & Brokers Existing-Home Sales Home Prices Housing Affordability Lenders & Servicers Pending-Home Sales Processing Service Providers 2012-05-23 Krista Franks Brock California’s Greatest Obstacle Is Shrinking Inventory Things are looking up in California. Pending-home sales are continuing to rise on an annual basis; median prices are rising; and equity sales are starting to make up a larger portion of total sales, according to the “”California Association of Realtors””:http://www.car.org/ (CAR). [IMAGE]California’s pending-home sales have been rising year-over-year for the past 12 months, according to the California Association of Realtors’ (CAR) “”Pending Home Sales Index””:http://www.car.org/newsstand/newsreleases/2012releases/aprilphsi released this week. However, despite the year-over-year gains, April’s pending home sales demonstrated a decline from March. Pending-home sales include contract signings but not closings. The index is based on 2008 contract signings with an index score of 100 equaling the average amount of contracts signed per month in 2008.[COLUMN_BREAK]The pending-home sales index for March was revised to 138.9, and April’s index came in almost 11 points below at 128. While lower than the March index, April’s index showed growth from last April’s index of 114.4. CAR’s president, “”LeFrancis Arnold””:http://www.car.org/aboutus/carleadership/lefrancisarnold/, attributed last month’s fall in pending sales to “”inventory constraints.””””The tight inventory we’ve been experiencing in the distressed market over the past several months is now spreading to equity properties, essentially affecting the supply conditions of both the distressed and non-distressed markets,”” Arnold said. CAR’s chief economist, “”Leslie Appleton-Young””:http://www.car.org/marketdata/speeches/lesliebio/, concurs that “”inventory is scarce in all price ranges,”” and in fact stated with the release of California’s “”existing home sales report””:http://videos.car.org/?bcpid=987216733001&bckey=AQ~~,AAAAzBtBmCE~,gKfMMlGoPZI5kU4oXdOB9V1GODmgg1BX&bclid=969047625001&bctid=1649379781001 earlier this month that inventory is “”the biggest issue”” right now in California’s housing market. Appleton-Young reported a 4.2-month housing supply in April. This compares to a 6.2 month supply for the nation overall, according to the “”National Association of Realtors””:http://www.realtor.org/ latest “”report.””:http://www.realtor.org/news-releases/2012/05/april-existing-home-sales-up-prices-rise-againEquity sales ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô non-distressed sales ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô continue to make up more than half of the state’s sales, rising from 54.4 percent in March to 58 percent in April. Last month’s rate was the highest reported since July 2008. As distressed properties tend to sell at lower prices, this can have a positive impact on prices. The median home price in April in California was $308,050, marking the first time prices have risen above $300,000 since December 2010, according to the existing home sales report released earlier this month.center_img in Data, Origination, Servicing Sharelast_img read more

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OscarWinning Actress Lists Pacific Palisades Home

first_img Agents & Brokers Attorneys & Title Companies Celebrity Homes Investors Lenders & Servicers Processing Service Providers 2012-10-05 Abby Gregory Oscar-Winning Actress Lists Pacific Palisades Home October 5, 2012 420 Views Oscar-winning actress Hilary Swank has listed her Los Angeles abode for $9.495 million. Swank has called the expansive estate, located in the city’s Pacific Palisades area, home since 2007, when she purchased the property for a reported $5.8 million. “”According to Zillow””:http://www.zillow.com/blog/2012-09-26/hilary-swank-lists-pacific-palisades-home/, Swank conducted an extensive renovation on the Mediterranean-style home, which was originally built in 1928. The website added that the 6,722-square-foot pad is “”A-lister worthy”” and features amenities such as a home theater, gym, guest quarters, and a luxury pool. Meanwhile “”RealEstalker””:http://realestalker.blogspot.com/2012/09/hilary-swank-lists-pacific-palisades-pad.html speculated that Swank was motivated to sell her mansion following a summer break up with her long-time boyfriend. [COLUMN_BREAK][IMAGE]center_img in Data, Government, Origination, Secondary Market, Servicing, Technology Sharelast_img read more

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Wells Fargos Profits Fold Under Pressure

first_img With intense pressure stemming from falling oil prices, historically low interest rates, and volatile financial markets profits at San Francisco-based Wells Fargo did not come in strong for the first quarter of 2016.Wells Fargo & Company reported in its earnings statement released Thursday, net income at the bank reached $5.5 billion, or $0.99 per diluted common share, for first quarter of 2016. Last year, during this time, the bank reported a net income of $5.8 billion, or $1.04 per share and in the fourth quarter of 2015 it reported $5.6 billion in income, or $1.00 per share.Chairman and CEO of Wells Fargo, John Stumpf, said, “Wells Fargo’s first quarter results reflected the benefit of our diversified business model as we managed challenges presented by a volatile operating environment for our industry. We again generated solid growth in the fundamental drivers of long-term value creation: loans, deposits and capital. We also completed two important acquisitions from GE Capital, which are great additions to our company and demonstrate the benefit of our strong financial position. We remain focused on meeting the financial needs of our consumer and business customers, and I believe we are well positioned for the future.”The statement showed that net interest income in first quarter of 2016 rose $79 million from fourth quarter 2015 to $11.7 billion. The bank attributes this increase to “earning asset growth, including a partial quarter impact from the assets acquired from GE Capital, the benefit of the fourth quarter increase in the federal funds rate and disciplined deposit pricing.” However, the net interest income increase was partially offset by reduced income from variable sources (periodic dividends and loans fees) and one less day in the quarter.Wells Fargo reported that mortgage banking noninterest income was $1.6 billion in the first quarter of 2016, down $62 million from fourth quarter 2015. This decline was “primarily driven by a decrease in mortgage originations and production margins in the first quarter, partially offset by higher servicing income.” Residential mortgage loan originations decreased down $3 billion to $44 billion in the first quarter, and the production margin on residential held-for-sale mortgage loan originations was 1.68 percent, compared with 1.83 percent in fourth quarter. Servicing income, however, experienced an increase, rising from $730 million in fourth quarter to $850 million in the first quarter. Total loans were $947.3 billion at March 31, 2016, up $30.7 billion, or 3 percent, from December 31, 2015, the report stated. This total includes $24.9 billion from the GE Capital acquisitions. Total average loans were $927.2 billion in the first quarter, up $14.9 billion from the prior quarter, and included an $8.8 billion impact from the GE Capital acquisitions.“Our first quarter results demonstrated an ability to produce consistent revenue and net income across economic and interest rate cycles. While challenges in the energy industry and persistent low rates impacted our bottom line, our diversified business model was again beneficial to our results. We were disciplined in deploying liquidity into investment securities in the quarter, with gross purchases well below recent quarters,” said CFO of Wells Fargo John Shrewsberry. “This was partially responsible for the $30 billion increase in our federal funds and short-term investment balances compared with the prior quarter. Our capital remained very strong with Common Equity Tier 1 (fully phased-in) of $142.7 billion. Our net payout ratio was 60 percent in the quarter, as we returned $3.0 billion to shareholders through common stock dividends and net share repurchases.”Click here to view Wells Fargo’s First Quarter 2016 Earnings Statement.Bank of America’s Profits Slip in Q1It was a tough first quarter for Bank of America, as the bank experienced a year-over-year decline of 13 percent in net income down to $2.7 billion, or earnings per diluted share of $0.21, according to the bank’s Q1 earnings statement released Thursday.The bank’s net income was also down by $0.6 billion over-the-quarter from Q4’s net income of $3.3 billion, according to Bank of America.Consumer performed well for Bank of American in Q1, with consumer banking’s net income jumping by 22 percent up to $1.8 billion as positive operating leverage was created by higher revenue from increased customer activity combined with lower expenses. The bank’s sales and trading revenue were down by 16 percent in Q1, however.”This quarter, we benefited from good consumer and commercial banking activity,” said Brian Moynihan, CEO. “Our business segments earned $4.5 billion, up 16 percent from the year-ago quarter. This was partially offset by valuation adjustments from lower long-term interest rates and annual compensation expenses. Despite volatile markets, our Global Markets business produced solid earnings. As always, we are focused on loan and deposit growth and managing expenses. By doing that, we continue to improve on what we do best: helping consumers live their financial lives and helping businesses grow and employ more people.”Bank of America’s Legacy Assets and Servicing revenue was down by $235 million, from $914 million down to $669 million due to a decline in net interest income on lower loan balances and a drop in non-interest income. The bank’s mortgage banking income declined due to lower servicing fees and mortgage servicing rights net of hedge results. The factors causing the decline were partially offset by gains on certain loan sales, according to the earnings statement. The number of residential loans serviced by Bank of America that were 60-plus days delinquent declined over-the-year by 42 percent, down to 88,000, during Q1.Non-interest expense declined by $1 billion down to $14.8 billion.Click here to view Bank of America’s complete Q1 earnings statement. in Daily Dose, Data, Headlines, News, Origination, Servicing Wells Fargo’s Profits Fold Under Pressure April 14, 2016 605 Views center_img Earning Statement Profits Wells Fargo 2016-04-14 Staff Writer Sharelast_img read more

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ExFannie Mae Chief Mudd Settles with SEC

first_img Share in Daily Dose, Featured, Government, News Former Fannie Mae CEO Daniel Mudd and the Securities and Exchange Commission (SEC) have reached a settlement for $100,000 over a lawsuit the SEC filed against Mudd nearly five years ago alleging subprime mortgage fraud, according to media reports.Mudd, who was the CEO at Fannie Mae from 2005 to 2008, is one of six former GSE executives (three each from Fannie Mae and Freddie Mac) the SEC sued in December 2011, claiming they misrepresented to investors the amount of exposure to subprime loans the GSEs had incurred. The Commission’s lawsuit alleges that during the years 2007 and 2008 immediately before the crisis, Fannie Mae executives said their exposure to subprime and riskier mortgage loans was about $4.8 billion when it was about 10 times greater.Reuters reported that Mudd said of the settlement, “I appreciate Fannie Mae and the current leadership of the SEC stepping in to end a case that should have never been brought.” As part of the settlement, Mudd admitted no wrongdoing.While the settlement was relatively small compared to the billions in loans that were in question, Mudd’s attorneys still felt like it was too much. John Keker, Mudd’s attorney, told MReport, “Fannie Mae agreed to pay $100,000 to end a case which never should have been brought in the first place.”Mudd’s attorneys tried unsuccessfully to have the SEC’s case against him dismissed in January 2016. “He didn’t do anything wrong, and the SEC’s case is unworthy,” Keker said in an email to MReport back in January.A spokesperson from Fannie Mae said the GSE had no comment on the settlement.The other five former GSE executives sued by the SEC previously reached settlements; Mudd was the last one to resolve his case.Enrico Dallavecchia, Fannie Mae’s former chief risk officer, and Thomas Lund, former EVP of Fannie Mae’s single-family lending unit, settled in September 2015 for a combined total of $35,000. The relatively small amount of the settlement was surprising to many, especially considering that the U.S. Department of Justice made an announcement earlier that month stating that it plans to pursue the prosecution of individual employees, and not just their companies, for their role in precipitating the financial crisis in 2008.The three Freddie Mac executives sued by the SEC, former CEO Richard Syron, former chief business officer Patricia Cook, and former VP of credit policy, Donald Bisenius, settled for a combined $310,000 in April 2015 with no admission of wrongdoing.  Syron agreed to pay $250,000, Cook agreed to pay $50,000, and Bisenius agreed to pay $10,000.Both Syron and Mudd were ousted from their respective positions with Freddie Mac and Fannie Mae in September 2008 when the Enterprises were taken into conservatorship by the federal government. Ex-Fannie Mae Chief Mudd Settles with SECcenter_img Daniel Mudd Securities and Exchange Commission Settlements Subprime Loans 2016-08-22 Seth Welborn August 22, 2016 474 Views last_img read more

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Builder Confidence Rallies

first_img Builder Confidence HMI NAHB/Wells Fargo Housing Market Index National Association of Home Builders 2017-11-16 David Wharton in Daily Dose, Featured, Headlines, journal, Market Studies, News, Origination November 16, 2017 559 Views Builder confidence hit an eight-month high in November according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Confidence in the market for newly-built single-family homes jumped two points in November, hitting an HMI total of 70, the highest level, since March 2017.The HMI is calculated based on a monthly survey that NAHB has been conducting for over three decades. It assigns a rating based on three component factors: builder perception of current single-family home sales, their expectations for sales over the next six months, and traffic of prospective buyers. Any rating over 50 indicates that more of the surveyed builders consider conditions to be “good” than “poor.”For the month of November, builder perception of current sales increased two points to a rating of 77. Also on the rise was the rating for buyer traffic, which rose to 50. However, expectations for the next six months dipped slightly, dropping from 78 to 77.Breaking things down to a more local level, the three-month moving average for the Northeast hit 54, up five points, and the South gained a point to settle in at 69. The West and Midwest held fast at their previous ratings of 77 and 63, respectively.Builder confidence slid during the summer, with all three HMI components seeing losses in July 2017 and the overall HMI rating dropping to 64, which at the time was the lowest rating since November 2016. The HMI entered the year with a rating of 67 in January 2017.While the new HMI report pinpoints several challenges currently facing builders, including labor shortages and the price increase of building materials, their outlook is still positive. According to the report:…demand for single-family housing is increasing at a consistent pace, driven by job and economic growth, rising homeownership rates and limited housing inventory. With these economic fundamentals in place, we should see continued upward movement of the single-family housing market as we close out 2017.For more information on the HMI, click here.center_img Builder Confidence Rallies Sharelast_img read more

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SOLDcom Announces Partnership with HomeAdvisor

first_img SOLD.com recently announced a partnership with HomeAdvisor. This new partnership will offer homeowners a more inclusive home selling experience by integrating HomeAdvisor’s leading home improvement marketplace experience with the SOLD.com website and process.According to a recent survey by SOLD.com, preparing a home for the market is the most stressful part of selling a home, outweighing financial considerations associated with moving and the anxiety of moving itself.“Understanding that home improvement is a major pain point for our customers preparing to sell fueled our commitment to finding a partner like HomeAdvisor,” said Matt Woods, President of SOLD.com. “Our goal is to simplify the home selling journey by providing homeowners with the education and professional resources that can best help them achieve their goals. That journey starts well before the For-Sale sign gets planted in the front yard.”Through this partnership, home sellers will now have a pricing guide of home improvement costs and the ability to connect with top-rated pros who can make necessary improvements.“We are excited to partner with SOLD.com. They are an innovative company whose approach is complementary to our own, matching consumers to the professionals who can help them,” said Scott Weigel, Vice President, Business Development with HomeAdvisor. “Our pros will be there to help SOLD.com’s customers prep their homes prior to listing, resolve projects that might arise during a home inspection, and again as sellers buy new homes and seek to do improvements on their new property.” SOLD.com recently announced a partnership with HomeAdvisor. This new partnership will offer homeowners a more inclusive home selling experience by integrating HomeAdvisor’s leading home improvement marketplace experience with the SOLD.com website and process.,SOLD.com Announces Partnership with HomeAdvisor Share May 31, 2019 455 Views center_img in News Home Advisor SOLD.com 2019-05-31 Seth Welbornlast_img read more

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Northern Hemisphere market report for Week 30

first_img Northern Hemisphere market report for Week 30 August 02 , 2019 Decofrut/edited by www.freshfruitportal.comFreshfruitportal.com is not responsible for the information provided by State of the Market. The contents only reflect analysis carried out by Decofrut.center_img You might also be interested inlast_img

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DriveAway Holidays reckons its decadelong partner

first_imgDriveAway Holidays reckons its decade-long partnership with TravelManagers is something to celebrate, so much so the company decided to present TravelManagers with a ‘Partnership Award’ to mark the occasion and recognise the significant sales contribution (well above average year on year growth) made by TravelManagers over the past ten years.“TravelManagers has always been a terrific partner to work with over the years,” said Nathan Baber, DriveAway’s National Industry Sales Manager. ” … it really feels like a partnership where we are both in it together, with the entire team, in particular Tanyu Cilek and Sandra Reucker, [who are] fantastic to work with and [have been] really accommodating of DriveAway Holidays’ needs throughout the years.”TravelManagers’ Executive General Manager Michael Gazal echoes Baber’s support of the partnership.“TravelManagers is privileged to have exceptional, strong and effective relationships with key suppliers such as DriveAway Holidays at both national and state levels. We view our partner relationships as exactly that, where we work together to achieve mutual benefits and successes. This is the TravelManagers way and we are also thrilled to see our personal travel managers being recognized for their dedication and sales focus of the products and their commitment to customer service.”In 2016 TravelManagers transitioned to a combined agreement with DriveAway which included both TravelManagers Australia and House of Travel NZ. “Through our combined partnership with the House of Travel Group in New Zealand, TravelManagers has an enviable distribution network throughout Australasia resulting in substantial buying power and competitive advantage. Our exceptional, strong and effective regional relationships with DriveAway and our other key airline, cruise and international partner suppliers is it no surprise that our combined sales volumes are close to AU$1.5 billion,” says Gazal. IMAGE: DriveAway Holidays’ NSW & ACT Business Development Manager Blake Wiggins (right) presents TravelManagers Michael Gazal and Sandra Reucker with ten-year partnership award DriveAway HolidaysTravelManagerslast_img read more

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The first time John Skelton saw action in a regula

first_imgThe first time John Skelton saw action in a regular seasonNFL game was at University of Phoenix Stadium against theSt. Louis Rams.A fifth-round pick out of Fordham, the rookie entered thegame when both Derek Anderson and Max Hall went down withinjuries. Skelton completed three of six passes for 45 yards inArizona’s 19-6 loss, but the experience he gained that day— and the four starts that followed — will help him ifhe gets the call Sunday for an injured Kevin Kolb, athome, against the Rams. “Anytime you get experience it’s invaluable,” Skeltonsaid. “So those four games I got to play last year reallyhelped towards this year.”Skelton said his goal is to make the most of anyopportunity he’s given, which he sort of did last season.Skelton led the team to two wins in four starts, thoughcompleted just 47.6 percent of his passes and threw justtwo touchdowns.No longer a rookie, the QB is more confident this timearound.“I fit in now,” he said. “Maybe last year, early in theyear, training camp and stuff, I felt out of place, butnow I know I can make all the throws, I’ve seen a lot ofdefenses and I’ll be prepared for what they bring.”And while the team is comfortable with Skelton,a big game Sunday would not mean he should bepermanently elevated to the starter’s role.“[Kevin’s] the starting quarterback, I’m just going tocome in, do my backup-role job,” he said. “I am going toprepare like I’m the starter but I do that every weekanyways.” D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ Comments   Share   Top Stories center_img Nevada officials reach out to D-backs on potential relocation What an MLB source said about the D-backs’ trade haul for Greinke Cardinals expect improving Murphy to contribute right awaylast_img read more

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NO FLY ZONE — Tyrann Mathieu MathieuEra March

first_imgNO FLY ZONE— Tyrann Mathieu (@Mathieu_Era) March 20, 2014 Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impact The Cardinals are banking on a healthy and motivated Cromartie fitting in well opposite Pro Bowler Patrick Peterson in a talented defensive backfield.It’s about to be trouble, trouble, trouble. Dollar Bill voice— Patrick Peterson (@RealPeterson21) March 20, 2014 The former first-round pick of the San Diego Chargers in 2006 has 28 career interceptions. He has good speed and at 6-foot-2 and 210-pounds has excellent size for the position, but has been a bit inconsistent throughout the course of his career and by some metrics struggled in 2013.However, as ProFootballFocus.com noted, Cromartie’s issues last season could have been due to injury.How much of 2013 was down to an injured hip that he tried to play through? Otherwise the dropoff in Cromartie was steep as he was arguably one of the top three cornerbacks in the league based on his 2012 tape. Get back to that form and he’s as talented as it gets at the spot. The Arizona Cardinals have their cornerback.ESPN NFL insider Adam Schefter was the first to report the team had come to an agreement on a one-year deal with New York Jet Antonio Cromartie, and the team has since confirmed the news.Financial terms of the deal are not yet known. Cromartie, 29, started all 16 games for the Jets last season, collecting 38 combined tackles along with three interceptions. He also made his third career Pro Bowl but was released on March 9. Comments   Share   Derrick Hall satisfied with D-backs’ buying and selling The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Top Stories This type of contract is not new for the Cardinals since Steve Keim took over as GM and Bruce Arians as coach. Just last season the team added veterans Karlos Dansby, Eric Winston and Antoine Cason, among others, to similar deals.last_img read more

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His deftness when managing the salary cap and help

first_imgHis deftness when managing the salary cap and helping put together the Cardinals roster, plus his impeccable relationship with head coach Bruce Arians makes him the best in the business, according to Pro Football Talk. That, plus Keim’s ability to achieve “the perfect blend of building through the draft and addressing lingering needs through free agency” made him the top choice over other candidates such as Jerry Jones, Ozzie Newsome, Ted Thompson and John Schneider. Grace expects Greinke trade to have emotional impact Comments   Share   Top Stories Among the “best of” lists and awards doled out for excelling outliers in professional football, one man is being recognized for his work off the field. Arizona Cardinals GM Steve Keim has been named NBC Pro Football Talk’s executive of the year. In just his second year as GM, Keim managed to build one of the deepest — and best — rosters in the NFL that saw the Cardinals to an 11-5 record despite a combined 109 missed starts by 21 different players (five of whom were starters that spent all or part of the season on injured reserve). center_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Derrick Hall satisfied with D-backs’ buying and selling Former Cardinals kicker Phil Dawson retireslast_img read more

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AP PhotoMatt York

first_img(AP Photo/Matt York) Former Cardinals kicker Phil Dawson retires 2 Comments   Share   In 2017, Bradford found himself among Alex Smith, Carson Palmer and Joe Flacco as tier five starters or “guys, veterans and place holders.”Fast forward to 2018, and he’s found himself in tier six — the “good luck” category — with Miami Dolphins signal caller Ryan Tannehill.As for Bradford, well, I haven’t been fooled in a long, long time, but amazingly here is always another GM ready to give him another $20M to invariably rehab from another season-ending surgery. Good for him. But rookie Josh Rosen will end up playing more football for the Cardinals than he will next year.Since joining the league in 2010 as a member of the St. Louis Rams, Bradford has missed a total of 48 games over eight seasons. His only full two seasons of work came in his first years with the Rams. Out of a possible 128 starts, the signal caller has made 80.Related LinksThe timeline of potential Cardinals QB Sam Bradford’s career, injuriesBut Bradford has shown recently he can get the job done when healthy.After being traded from the Philadelphia Eagles to the Minnesota Vikings in 2016, Bradford had a career year. He completed a league-leading and NFL record 71.6 percent of his passes for 3,977 yards and 20 touchdowns and just five interceptions. Top Stories The 5: Takeaways from the Coyotes’ introduction of Alex Meruelocenter_img Grace expects Greinke trade to have emotional impact Fellow Cardinal Mike Glennon made the list in 2017 as a tier five starting quarterback along with Bradford when he was a member of the Chicago Bears. Derrick Hall satisfied with D-backs’ buying and selling It should come as no surprise to Arizona Cardinals fan by now.Cardinals quarterback Sam Bradford has a history with injuries.According to CBS NFL reporter Jason La Canfora, that history has his arrow trending down compared to the other starting quarterbacks in the NFL.Using seven tiers from “bona fide franchise quarterbacks” to “the verdict is out,” La Canfora ranked all 32 starters ahead of the 2018 season.last_img read more

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Related LinksCardinals take Iowa State WR Hakeem B

first_imgRelated LinksCardinals take Iowa State WR Hakeem Butler in 4th round of draftTeams have been inventing creative ways to announce their team’s pick throughout the draft, which is being held in Nashville.The Indianapolis Colts selectors have been particularly enjoying themselves taking shots at the Tennessee Titans’ recent lack of success against the Colts.Pat McAfee’s draft pick announcement is priceless 😂😂😂 (via @thecheckdown) pic.twitter.com/gxh7ZkfkoU— ESPN (@espn) April 27, 2019 Reggie Wayne is savage 😂😂😂(via @Colts) pic.twitter.com/DFxspTcmnl— FOX Sports: NFL (@NFLonFOX) April 26, 2019 (Screenshot | NFL Network) Arizona Cardinals2019 Draft BoardRoundPick #PlayerPos.11Kyler MurrayQB21Byron MurphyCB230Andy IsabellaWR31Zach AllenDE41Hakeem ButlerWR51Deionte ThompsonS61KeeSean JohnsonWR66Lamont GaillardC734*Joshua MilesT735*Michael DogbeDE740*Caleb WilsonTE* = Compensatory Selection© STATS – 20192019 NFL DraftRound 1#TeamPlayerPos1K. MurrayQB2N. BosaDE3Q. WilliamsDT4C. FerrellDE5D. WhiteLB6D. JonesQB7J. AllenDE8T.J. HockensonTE9E. OliverDT10D. BushLB11J. WilliamsG12R. GaryDE13C. WilkinsDT14C. LindstromG15D. HaskinsQB16B. BurnsDE17D. LawrenceDT18G. BradburyC19J. SimmonsDT20N. FantTE21D. Savage, Jr.S22A. DillardT23T. HowardT24J. JacobsRB25M. BrownWR26M. SweatDE27J. AbramS28J. TilleryDT29L.J. CollierDE30D. BakerCB31K. McGaryT32N. HarryWR © STATS – 2019 – / 52 Derrick Hall satisfied with D-backs’ buying and selling Comments   Share   Grace expects Greinke trade to have emotional impact The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo With the 103rd overall pick in the 2019 NFL Draft the Arizona Cardinals selected wide receiver Hakeem Butler of Iowa State, according to Wyatt Earp and Doc Holliday.Wait, what?The Cardinals pick to open the fourth round of the NFL Draft was shot live from Tombstone, Ariz., as a reenactment of the Gunfight at the O.K. Corral.Hakeem Butler drafted by the Cardinals with the first pick in the fourth round. pic.twitter.com/QXoQ0wcRE4— CycloneFanatic.com (@cyclonefanatic) April 27, 2019 Former Cardinals kicker Phil Dawson retires Top Stories last_img read more

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