The Week Ahead: Eye on U.S. Mortgage Performance Trends

first_imgHome / Daily Dose / The Week Ahead: Eye on U.S. Mortgage Performance Trends The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago December 7, 2018 3,890 Views The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Eye on U.S. Mortgage Performance Trends Subscribe CoreLogic Loan Insights Report report focuses on U.S. mortgage performance trends. The data gathered is based on mortgage performance health, stages of delinquency as well as transition rates from one stage of delinquency to the next. In its previous report, data revealed indicated a fall in overall US mortgage delinquency rate in August to the lowest level in more than 12 years. As of August 2018, the report found foreclosure inventory rate – which measures the share of mortgages in some stage of the foreclosure process – was 0.5 percent, down 0.1 percentage point since August 2017. “With home-price growth building owners’ equity, and the low national unemployment rate providing opportunities for income growth, further declines in U.S. delinquency and foreclosure rates are likely in coming months,” said Frank Nothaft, Chief Economist at CoreLogic.CoreLogic will release its latest Loan Insights Report on Tuesday, 9 a.m. Here’s what else is coming in The Week Ahead:Black Knight Mortgage Monitor, Monday 9 a.m. ESTCarrington Mortgage Webinar, Tuesday, 10 a.m. PTMBA Mortgage Apps, Wednesday, 7 a.m. ESTFreddie Mac Primary Mortgage Monitor, Thursday 8 a.m. ESTFed Balance Sheet, Thursday, 2 p.m. EST Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Headlines, Market Studies, News Share Savecenter_img Black Knight Mortgage Monitor Carrington Mortgage Webinar CoreLogic Fed Balance Sheet Freddie Mac Loan Insights Report MBA Mortgage Apps Mortgage Performance 2018-12-07 Donna Joseph Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago About Author: Donna Joseph Sign up for DS News Daily Tagged with: Black Knight Mortgage Monitor Carrington Mortgage Webinar CoreLogic Fed Balance Sheet Freddie Mac Loan Insights Report MBA Mortgage Apps Mortgage Performance  Print This Post Previous: Strong Seller’s Market Next: After the Dust Settles Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

Fund to tackle climate change

first_imgIn an effort to catalyze research with potential to accelerate the progression from nonrenewable to renewable sources of energy, Harvard President Drew Faust today challenged University alumni and friends to contribute toward a $20 million Climate Change Solutions Fund that will seed new approaches to confronting the threats posed by climate change.The Climate Change Solutions Fund will be part of the Harvard Campaign’s broader ongoing efforts to raise funds for energy and environment research, which have already generated nearly $120 million in support.Faust said that she will make available $1 million at the start of the 2014-15 academic year to launch the fund, which will invite grant proposals from faculty and students across Harvard with innovative ideas for projects with promise to enable the transition from carbon-based to renewable fuels.In a letter to the Harvard community that also touched on progress made toward meeting environmental sustainability goals on campus and Harvard’s commitment to sustainable investing, Faust noted that universities have produced much of the research upon which the scientific consensus on the threat of climate change is based.“Ideas, innovation, discovery, and rigorous independent thought will serve as indispensable elements in combating the climate threat; these are the special province of universities,” she said.“Harvard has a vital leadership role to play in this work. As a university, it has a special obligation and accountability to the future, to the long view needed to anticipate and alter the trajectory and impact of climate change,” she said. “Already we support research at the vanguard of energy and climate science.”Faust’s letter followed an October 2013 message to the community in which she outlined ways in which the University could most effectively address climate change, with special focus on research, on-campus sustainability initiatives, and sustainable investment practices. In today’s letter, she released a report showing that the University had made substantial progress toward its goal of cutting greenhouse gas emissions by 30 percent by the year 2016, and she highlighted Harvard’s decision to sign on with the United Nations Principles of Responsible Investing.Across the University, more than 250 courses are offered that focus on aspects of environmental sustainability, and more than 225 faculty are affiliated with the Harvard University Center for the Environment. Recognizing the power of Harvard to convene experts from across a variety of disciplines, Faust said she aims to “catalyze” aspects of research on campus “specifically focused on shaping and accelerating the transition to a sustainable energy system.”“I challenge our talented and dedicated faculty and students to identify how their efforts can propel societies and individuals along this path. And I challenge our alumni and friends to assist me in raising $20 million for a fund that will seed and spur innovative approaches to confronting climate change, as an element of our broader campaign efforts in energy and environment,” she said.The fund will be administered by the Office of the Vice Provost for Research. Vice Provost for Research Richard D. McCullough will be advised by a committee that will review applications from Harvard faculty members and students, and he will make recommendations on final grantees to Faust. Proposals will be ranked based on an evaluation of intellectual merit, interdisciplinary collaboration, innovation, and potential impact on the fields of energy and the environment.The faculty experts on the committee will be asked to look for research projects that demonstrate a clear pathway to application as well as riskier projects with the potential to be transformative over time.“Our research across Harvard — in climate science, engineering, law, public health, policy, design, and business — has an unparalleled capacity to accelerate the progression from nonrenewable to renewable sources of energy,” Faust said.last_img read more

University Faculty Union members left in limbo

first_imgIn February 2016, a vote by the faculty of the Dornsife College of Letters, Arts and Sciences resulted in a loss for the USC Faculty Union, a group of non-tenure-track faculty working to guarantee higher wages and benefits, which they hope to achieve by creating a labor union. More than a year later, faculty members involved are left questioning the current state of the union.After the vote, the USC Faculty Union appealed to the National Labor Relations Board, claiming that Provost Michael Quick’s emails leading up to the vote discouraged faculty members from supporting unionization. The NLRB ruled in favor of the Faculty Union, invalidating the results of the vote and scheduling a redo.As of September, Dornsife faculty members had filed charges against USC with the NLRB, accusing the University of unfair labor practices. They requested a delay in the upcoming unionization vote. A few months after the NLRB said there would be a new vote, its national offices reversed the decision. Professors are divided over the decision to sue the University. Steve Posner, assistant professor of writing is not part of the Faculty Union, but he said he follows it closely.“I am for the union, but I do not think Michael Quick did anything improper,” Posner said. “He has stated the University’s position and has sent emails which were informative. There were no threats and there was no intimidation.” The Service Employees International Union was helping the Faculty Union organize. Now, the SEIU is focusing on graduate assistants who are trying to unionize.“We’re pretty much in limbo,” said professor Sandra Marie Ross, a member of the Faculty Union.Posner said that the approach to unionization was flawed.“I think unionization is a good idea, but this particular union made a mistake,” Posner said. “They didn’t take the time to learn about the campus culture and the specific concerns of professors, so they weren’t able to address the concerns.”In recent months, the Faculty Union has refrained from continuing to fight the decision.“I would imagine the union figures this is a fight not worth pursuing,” Posner said. “I think eventually a union will come around again, and the University has an opportunity to change its policies to make a union unnecessary. So far, I don’t see that happening.”Ross said there is increasing dominance of non-tenure-track faculty who have little job security. Yet, faculty members are left in the dark about hiring and promotion decisions.“What we want is transparency,” Ross said. “We want to know why some non-tenure-track faculty get promoted and others don’t. We want collective bargaining, and just more accountability. We are the future of the University.”last_img read more

Firefox 3.5 Takes the Top Spot Worldwide

first_imgA Web Developer’s New Best Friend is the AI Wai… Tags:#Browsers#news#web mike melanson Why Tech Companies Need Simpler Terms of Servic… While IE still dominates the browser market – with 55% of people using some version – all combined versions of Firefox occupy 32% and have been steadily gaining ground. Released at the end of June, version 3.5 of Firefox has quickly climbed the charts. IE 8, on the other hand – which was first released in beta more than a year earlier, with a full release in March 2009 – now holds a similar 20% of the market to that of Firefox 3.5’s 22%. It would seem that a majority of Firefox 3.5 users were already using 3.0 and upgraded, as the 20% drop in 3.0 use almost directly correlates to the 22% increase in 3.5. 8 Best WordPress Hosting Solutions on the Market Top Reasons to Go With Managed WordPress Hosting Related Posts Firefox hit a new milestone today, as version 3.5 overtook Internet Explorer 7.0 with nearly 22% of the browser market, according to statistics from web analytics service StatCounter. This comes on the heels of statistics we saw earlier this month, which showed Firefox overtaking IE for overall usage in Germany.last_img read more