Ayat Basma and Ezzat Baltaji arrested

first_img Two Lebanese journalists working for Reuters, producer Ayat Basma and cameraman Ezzat Baltaji, were arrested and held for two days. A Syrian official said they were arrested because they did not have work permits and were filming in an area where no filming was allowed. News Help by sharing this information March 27, 2011 – Updated on January 20, 2016 Ayat Basma and Ezzat Baltaji arrestedcenter_img Organisation RSF_en last_img

FHA Update: Measuring Delinquency and Credit

first_imgSubscribe Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. April 2, 2019 3,392 Views The Department of Housing and Urban Development (HUD) recently released the quarterly report on FHA single-family mutual mortgage insurance fund programs. According to the Q1 2019 report, single-family forward endorsements decreased 11.76 percent by count from the prior quarter. Additionally, the average credit score in Q1 2019 fell by 1 point to 667. HUD notes that although this continues to be above the levels preceding the mortgage and credit crisis, it is well below the Q2 2011 peak of 703.The report also covered delinquency and and refinancing rates. According to the report, the portfolio-level serious delinquency rate decreased tin Q1 to 4.08 percent, from 4.11 percent the previous quarter. The cash-out refinance mortgage share increased as a percentage of overall business to 17.26 percent from 14.41 percent last quarter.More borrowers experience debt-to-income ratios (DTI) of over 50 percent in Q1 2019. The share of borrowers with DTI of 50 percent or more increased from 25.95 percent in Q4 2018 to 27.45 percent in FQ1 2019.HUD also notes that the FHA’s credit risk profile has been shifting from nearly 60 percent of borrowers at greater than 680 credit scores in 2011 to about 35 percent, as of Q1 2019. At the same time, about 8 percent of less than 640 borrowers has grown to nearly 30 percent.“This increase shows a much riskier population of mortgages being endorsed by FHA,” HUD states. “Performance of these mortgages will be closely monitored to determine when policy changes should be implemented.”In Q1 2019, the Early-Payment Delinquency rate rose by 28 points compared to the previous quarter, while serious delinquency rates decreased to 4.08 percent, 3 basis points lower than the previous quarter.“Recent disasters such as hurricanes Harvey, Irma, and Maria, as well as wildfires in the Western United States, had a near term effect on overall delinquency rates,” HUD noted. “Overall, serious delinquency rates are significantly improved from the highs seen in 2012 and considerably lower than for those mortgages originated during the financial crisis of 2006-2009.” Home / Daily Dose / FHA Update: Measuring Delinquency and Credit  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: credit Delinquency FHA Foreclosure HUD Insurance Rates The Best Markets For Residential Property Investors 2 days ago About Author: Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Fannie Recognizes RoundPoint as STAR Performer Next: Federal Banking Agencies Address “Too Big to Fail” Demand Propels Home Prices Upward 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago Share Save credit Delinquency FHA Foreclosure HUD Insurance Rates 2019-04-02 Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Foreclosure, Government, Market Studies, News Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago FHA Update: Measuring Delinquency and Credit Sign up for DS News Daily last_img read more

Early Morning Fire Damages Business In Versailles

first_imgUpdate (12:15 p.m. April 4.2014)Investigators are on the scene of a business fire that occurred during the early morning hours Friday.Fire crews fought the blaze at Downtown Mower Shop on U.S. 50, across from the Southeastern Career Center for approximately five hours.Six fire departments responded to the scene including, Versailles, Osgood, Milan, Holton, Friendship and Aurora.Versailles Fire Chief Ben Sieverding said the inventory at the business is most likely a total loss. Damage is estimated at 50 percent of the building.The fire forced traffic to detour as U.S. 50 was closed for about five hours before reopening shortly after 7:00 a.m.Investigators hope to determine what sparked the fire on Friday afternoon.First Report ( 7:30 a.m. April 4, 2014) Fire crews have been working the scene of a business fire in Versailles Friday morning.The fire is at the building of a lawn mower shop on U.S. 50 between David Lane and Gaslight St.Since the overnight hours, firefighters from Versailles, Holton, Milan, Friendship and Osgood have been on the scene and Delaware and Aurora are on stand by.The fire is now under control but crews remain at the scene. U.S. 50 was reopened around 7:20 a.m.  Friday.Dispatchers say no injuries were reported although the building may be a total loss.last_img read more