Increased Inventory Slows Home Value Growth

first_img in Daily Dose, Featured, Headlines, Market Studies, News  Print This Post In a report released by Zillow, national home values rose just .2 percent in January from December. Inventory rose in 22 of the nation’s 35 largest metros, and helped slow down the rising value of homes.Year-over-year, home values rose 6.3 percent in January, down from previous gains of 7.1 percent in August, 2013. Home values are expected to rise another 3.4 percent in the next 12 months.The Zillow Home Value Index, which according to the report, “measures the median estimated home value for a given geographic area on a given day and includes the value of all single-family residences, condominiums and cooperatives,” notes that January’s figure of $169,600 is the smallest monthly increase since May, 2012.Although inventory remains tight, the number of homes listed for sale on Zillow rose 11.1 percent annually in January.States that were hit the hardest from the housing recession showed some of the largest increases in home inventory; cites like Las Vegas (up 42.8 percent), Phoenix (up 30.5 percent) and Sacramento (up 26 percent) all showed large gains.Home appreciation slowed in January for these metros, as more available homes allowed buyers to stay away from bidding wars that drove up home prices.Last year, a smaller inventory of homes contributed to a rise in home values, but increased inventory is having a moderating effect. Dr. Stan Humphries, Zillow chief economist, said that the increased supply is available because “more sellers are free to list their homes after being released from negative equity, builders continue to ramp up construction and many homeowners decide to list their homes and capitalize on recent gains.”The outlook for January, 2014 to January, 2015, is expected to rise another 3.4 percent to $175,301, according to the Zillow Home Value Forecast.Large metro areas expected to show the most appreciation over the next year include Riverside (13.3 percent), Orlando (10.3 percent), and Sacramento (9 percent). Tagged with: Home Values Zillow Increased Inventory Slows Home Value Growth Home Values Zillow 2014-02-19 Colin Robins Colin Robins is the online editor for DSNews.com. He holds a Bachelor of Arts from Texas A&M University and a Master of Arts from the University of Texas, Dallas. Additionally, he contributes to the MReport, DS News’ sister site. The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Colin Robins Home / Daily Dose / Increased Inventory Slows Home Value Growth Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Share Save Related Articles Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago February 19, 2014 586 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago 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 Previous: January Storms Push Home Sales Down Next: DSNews Webcast: Thursday 2/20/2014 Subscribelast_img read more

Regulatory Changes, Reputational Risk, Economics Are Factors in Shift to Non-Bank Servicing

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago May 7, 2015 1,188 Views The rules for originating a mortgage have changed in the seven years since the housing crisis, which in turn have changed loan servicing and even caused a transition of servicing from banks to non-depository institutions.The material shift of concentration of top-ten residential mortgage loan servicers from banks to non-banks can be attributed to three factors: Regulatory changes, reputational risk, and basic economics, according to CoreLogic SVP of Government Affairs Faith Schwartz in CoreLogic’s April 2015 MarketPulse.Where regulatory changes are concerned, the BASEL III implementation and the Consumer Financial Protection Bureau guidelines have had the most impact on the shift of mortgage servicing from banks to non-banks. BASEL III placed capital constraints on many of the larger financial institutions in the U.S. with sizable MSR portfolios, and the changes in capital standards have led these institutions to rethink their approach to their MSR holdings, according to Schwartz. Also, the CFPB has imposed more stringent guidelines for servicing, borrower engagement, and document management, which has resulted in institutions paying out more than $100 billion in settlements since the crisis.Reputational risk “remains high with regard to any and all foreclosures,” Schwartz said. The crisis gave regulators the ammunition they needed to create loan servicing-specific legislation and policies, which resulted in the straining of the execution of collection and default services for many servicers, whereas those practices had worked well for them prior to the crisis. There were also a number of challenges magnifying problems that magnified industry problems, such as light contact with the borrower, collection of information from the borrower, and the challenge of creating uniform processes, according to Schwartz.On economics, Schwartz said in post-crisis, the Dodd-Frank Act and subsequent creation of the CFPB led to many consumer protection laws that were enacted to slow down the foreclosure process as the servicing world shifted from that of traditional loss mitigation role to that of a borrower solution provider. Also, the average cost of loan servicing has skyrocketed; the Mortgage Bankers Association and Urban Institute estimate that the cost of servicing performing loans jumped from $59 in 2008 to $159 in 2013, while the average cost of servicing non-performing loans spiked from $482 to $2,357 during that same period.While the shift in servicing from banks to non-depository institutions makes little, if any, difference to consumers, it has the potential to effect investors, according to Schwartz.”For investors, the shift in counter-parties to non-depositories can add additional risk as they are institutions with less capital than banks,” Schwartz said. “But that can and is being managed, as agencies such as the Federal Housing Finance Agency and Ginnie Mae continue to issue guidance and rules around minimum capital requirements and adapt to these changing players in loan servicing.”While there are many metrics in place to monitor the performance of mortgage loan servicers, according to Schwartz, including: rating agencies, the CFPB complaint database, Treasury HAMP ratings, and Fannie Mae’s STAR rating system, to name a few, Schwartz warned that “an area of caution regarding the role of servicing is that the cost of default servicing, as evidenced by recent studies, will materially impact the cost of access to mortgage credit.” The Best Markets For Residential Property Investors 2 days ago Related Articles Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Brian Honea Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Market Studies, Newscenter_img 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. The Best Markets For Residential Property Investors 2 days ago Regulatory Changes, Reputational Risk, Economics Are Factors in Shift to Non-Bank Servicing Tagged with: CoreLogic Mortgage Servicers Non-Bank Servicers Non-Depository Institutions Previous: Monitor: Ocwen Failed Part of Compliance Test; Internal Review Group Has Improved Next: Former FDIC Chair Chosen as President of Private Maryland College CoreLogic Mortgage Servicers Non-Bank Servicers Non-Depository Institutions 2015-05-07 Brian Honea  Print This Post Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Regulatory Changes, Reputational Risk, Economics Are Factors in Shift to Non-Bank Servicinglast_img read more

St. Louis Fed: Foreclosure Crisis Nears Conclusion

first_img The U.S. mortgage crisis is drawing to a close. That, at least, is the assessment of the Federal Reserve Bank of St. Louis, which stated recently that the final remnants of the recession’s “historically elevated rates of extreme mortgage distress and defaults” are largely in the rear view mirror and that the foreclosure crisis should officially end early this year.Several industry reports over the past several months bear the bank’s statements out. Earlier this week, ATTOM Data Solutions reported that foreclosures have hit a 10-year low nationally, and that even those foreclosures still on the books are mainly remnants of originations from a decade ago.“The end is near,” the bank wrote in its look at Eighth District states (the bank’s region). “The condition of current mortgage borrowers considered as a group—nationwide or state by state—is once again comparable to the period just before the Great Recession and the onset of the foreclosure crisis.”The bank targets the last quarter of 2007 as the beginning of the crisis. By the end of 2016, “many as 10 million mortgage borrowers may have lost their homes,” the bank stated.But by the end of 2016, several states had already exited their respective foreclosure crises, including Missouri and Tennessee. According to the bank, Arkansas and Illinois are primed to do so soon.A few states, namely Indiana, Kentucky and Mississippi, however, experienced much longer crises than a decade and have held onto higher rates of foreclosed properties. These states, the bank said, saw their foreclosure troubles start as early as 2001.Nevertheless, the bank wrote, foreclosure issues in Eighth District States, many of which were plagued by abnormally high foreclosure numbers during the recession, are nearing the accepted national benchmark of 2.81 percent of homes in foreclosure. Citing data from the Mortgage Bankers Association, the bank reported that foreclosure rates in all Eighth District states have been in sharp and steady freefall since 2013.According to the bank, the national foreclosure rate at the end of 2016 was 3.2 percent, which should return to 2.81 percent this quarter. All remaining Eighth District states should be out of their crises by the end of 2017, except for Mississippi, which, still contending with a 4.27 percent foreclosure rate, is expected to close out its crisis by mid-2018. Demand Propels Home Prices Upward 2 days ago Foreclosure Crisis St. Louis Fed 2017-01-12 Brian Honea The Best Markets For Residential Property Investors 2 days ago January 12, 2017 1,390 Views Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Carson Spells Out Plans for Leading HUD Next: Health of Housing is Rising in the East Tagged with: Foreclosure Crisis St. Louis Fed Share Save St. Louis Fed: Foreclosure Crisis Nears Conclusion Home / Daily Dose / St. Louis Fed: Foreclosure Crisis Nears Conclusioncenter_img Scott Morgan is a multi-award-winning journalist and editor based out of Texas. During his 11 years as a newspaper journalist, he wrote more than 4,000 published pieces. He’s been recognized for his work since 2001, and his creative writing continues to win acclaim from readers and fellow writers alike. He is also a creative writing teacher and the author of several books, from short fiction to written works about writing. 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 The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily About Author: Scott Morgan in Daily Dose, Featured, Foreclosure, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Subscribelast_img read more

San Francisco and San Jose Approaching Pre-Crash Highs

first_img Share Save  Print This Post Previous: Freddie Mac Tracks Serious Delinquencies Next: What’s Happening to Mortgage Default Risks? San Francisco and San Jose Approaching Pre-Crash Highs The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Staff Writer Servicers Navigate the Post-Pandemic World 2 days ago The most recent Home Value Forecast (HVF) Monthly Housing Report by Pro Teck caught its readers with a bit of a surprise. There were some new additions to the company’s top 10 list of core-based statistical areas (CBSAs) that saw value gains this month, and two dominant CBSAs dropped off the list since the first time in 2017—San Francisco and San Jose.Despite not making the cut, San Francisco and San Jose still maintain their top two positions for the highest average selling price. San Francisco showed a 59 percent increase in average home price compared to pre-crash high to $1.35 million and San Jose showed 4 percent increase to $1.1 million. This trajectory in average selling price mimicked the average household income for the two cities. The average household income recorded for Q1 2018 for San Francisco is $114,063 marking an increase of 49.5 percent, while the increase for San Jose is 41.5 percent. Tom O’Grady, CEO Pro Teck, concluded, “they are still hot markets.”Increase in average household income is not the only factor affecting the HVF; Pro Teck also takes into account affordability by calculating as the average mortgage payment needed to buy an average priced home. Both San Francisco and San Jose hit bubble territory (meaning home value highs not seen since 2005-2007) marking an all-time low for affordability. DS News examined bubble trends in its December 2017 cover story “Housing Bubble 2.0.” In it, writer Nicole Casperson spoke with CoreLogic CEO, Frank Nothaft who noted similar regional bubble concerns. “While economists may not foresee a housing bubble on a national level, bubbles may occur in localized markets, as they have in the past if the right elements are at play,” said Nothaft. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / San Francisco and San Jose Approaching Pre-Crash Highs Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Home Price Home value Forecast Hot Markets household HOUSING ProTeck San Francisco san jose Selling Price The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Market Studies, News The Best Markets For Residential Property Investors 2 days ago Home Price Home value Forecast Hot Markets household HOUSING ProTeck San Francisco san jose Selling Price 2018-02-28 Staff Writer Demand Propels Home Prices Upward 2 days ago Related Articles February 28, 2018 2,061 Views Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribelast_img read more

Mortgage Industry Professionals Discuss 2021’s Anticipated Challenges

first_img Demand Propels Home Prices Upward 2 days ago  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save in Daily Dose, Featured, Government, News, REO The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: Occupancy Fraud Risk Rises in Q3, Other Segments Decrease Next: Updates on Statewide Foreclosure and Eviction Moratoria October 28, 2020 14,874 Views Related Articles 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. Servicers Navigate the Post-Pandemic World 2 days ago This week, Safeguard Properties is once again hosting its annual National Property Preservation Conference. A tradition since 2004, the event—this year fully virtual due to COVID-19—provides an “outlet for industry leaders to collaborate and innovate,” according to organizers.  This year’s virtual conference kicked off Tuesday with a keynote address by Min Alexander, GM and COO for online residential real estate auction marketplace Auction.com.  Alexander said a few things that latter panelists echoed. While acknowledging how many changes are occurring this year as the result of a national health crisis—issues related to workflow, technology, resources, and communication, to name a few—she said the “north star” for her company remains the same: “Does this serve and strengthen our communities?”  Before diving into some housing data from her colleague, economist Daren Blomquist, and discussing the differences between the current recession and 2008, she shared with the audience the important instruction she tells her own team: “Get comfortable being uncomfortable.” This theme of agility, responding quickly to the many inevitable changes, was also mentioned throughout the day as one essential characteristic for any individual or organization hoping to thrive in the coming months and years.  “Be nimble and anticipatory of things facing you in the future,” said Patrick Coon, Senior Managing Director of Servicing for Home Point Financial, when asked during a “State of the Industry” panel about the biggest challenges facing property preservation. He cited the need to respond quickly to recent increased staffing demand, more and deeper reporting and analysis, and the in-depth preparation that needs to happen as we enter 2021—and approach the onslaught of forbearance exits it will likely bring.  This “known-unknown,” as the “State of the Industry” moderator Ed Delgado, Five Star Global’s Chairman Emeritus, phrased it, is one challenge unanimously acknowledged by the panelists. The session’s speakers included Coon; Tim Rood, Head of Industry Relations for SitusAMC; Caroline Reaves, CEO of Mortgage Contracting Services; Marcel Bryar, Managing Director of Mortgage Policy Advisors (MPA); Alan Jaffa, CEO of Safeguard; and Sara Singhas, Director of Loan Administration for the MBA.   The current high rate of forbearance plans could prove problematic when it comes to neighborhood blight, Jaffa said. He noted that properties in forbearance, though delinquent, do not undergo the regular property inspections performed on bank-owned properties.  “Code enforcement hasn’t been telling us just yet about a big spike [in blight], but we’ve been concerned about it from the beginning,” he said. “During forbearance process the servicer is not performing an inspection. Many people aren’t considering this but you’re talking about probably millions of properties that have not been making payments and have not undergone an inspection, and this is a concern, which could also affect surrounding home prices.”   Coping with disasters, such as Hurricane Harvey, in past years has helped prepare the mortgage servicing/housing industry for its efficient response to the ongoing COVID-19 disaster, Bryar said. Still, some of Congress’ foreclosure prevention measures created new uncertainties for the industry. “The CARES act was historical but the ways various groups … interpreted and regulated it was striking,” he added, and he suggested that is something to which the industry will need to constantly adjust as new or updated actions are taken.The policy conversation led to a discussion about the possible impact of the upcoming election. While the panelists each shared different predictions about what degree to which the outcomes will affect the industry, a number agreed that the first few months following the election, whatever the result, could be fraught with unrest due to the probability that one party will challenge it.  “It’s [the election] closer than what the media makes it appear,” Delgado said, in response to a question regarding the upcoming presidential election “We’ll see what happens next week. Irrespective of the outcome, I believe the results will be challenged.” Jaffa added, “Before we worry about new regulations for servicers, we will need to get through the first few months.” The conference continues Wednesday. More information is available here.   Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Mortgage Industry Professionals Discuss 2021’s Anticipated Challenges Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Mortgage Industry Professionals Discuss 2021’s Anticipated Challenges 2020-10-28 Christina Hughes Babb The Best Markets For Residential Property Investors 2 days ago About Author: Christina Hughes Babb Subscribelast_img read more

Affordable Housing Impact: Proposed Property Tax Struck Down

first_img Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago 2020-11-10 Christina Hughes Babb About Author: Phil Hall Home / Daily Dose / Affordable Housing Impact: Proposed Property Tax Struck Down 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, Government, News Related Articles Affordable Housing Impact: Proposed Property Tax Struck Down  Print This Post A referendum to change how California enacts property taxes, which some argued would address California’s housing affordability issues, was defeated by the state’s voters. Proposition 15 was designed to create a split-roll property tax system in California, with commercial properties being reassessed to market price every three years while residential property would continue to be taxed under the rules of the 1978 Proposition 13, which restricts increases on assessments to no more than 2%. Owners with less than $3 million in total commercial property would be exempt from the initiative, which was scheduled to go into effect in 2020.While a final tally has yet to be announced, Capital Public Radio in Sacramento is forecasting a voter rejection of Proposition 15 by a 52% to 48% margin.Supporters of Proposition 15 argued that increasing property taxes on commercial real estate would encourage the conversion of these properties into residential developments, thus alleviating the state’s chronic housing affordability problems. Research by the Urban Institute determined that many commercial parcels in four major markets—Berkeley, Chula Vista, Fresno, and Los Angeles—were eligible to be converted from commercial or industrial use into homes.The Urban Institute study, lead-authored by Sarah Strochak, a research analyst in the Urban Institute’s Housing Finance Policy Center, concluded that “long-term incentives for owners and developers to build/convert to residential uses are much stronger than for municipalities to rezone under medium and high price appreciation scenarios.”Furthermore, supporters of Proposition 15 argued that higher commercial property taxes could be used to help fund public services, raising between $10.3 billion to $12.6 billion annually. The trade journal EdSource predicted that 40% of those funds would be used to finance operations at K-12 schools and California’s community colleges.California Gov. Gavin Newsom and presumptive President-Elect Joe Biden supported Proposition 15 and the Chan Zuckerberg Initiative, the philanthropic organization funded by Facebook CEO Mark Zuckerberg and his wife, Dr. Priscilla Chan, donated $7.1 million to the campaign that promoted the referendum.However, commercial property owners were opposed to Proposition 15, arguing that it would force businesses to leave California while companies that remained would be forced pay higher leases and other real estate-related costs including insurance and maintenance fees. The San Francisco Examiner reported opponents to the measure raised $30 million to sway voters.“It would punish everybody that owns real estate and every tenant that has to occupy real estate,” said John Kilroy, CEO of Kilroy Realty Corp. in Los Angeles, at a trade conference in September. “It would be one of the most insidious taxes, particularly at a time of great economic uncertainty and recession.” Previous: FHA Proposes Private Flood Insurance for Single-Family Mortgages Next: FHA Proposes Private Flood Insurance for Single-Family Mortgages The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Phil Hall is a former United Nations-based reporter for Fairchild Broadcast News, the author of nine books, the host of the award-winning SoundCloud podcast “The Online Movie Show,” co-host of the award-winning WAPJ-FM talk show “Nutmeg Chatter” and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill’s Congress Blog and Profit Confidential. His real estate finance writing has been published in the ABA Banking Journal, Secondary Marketing Executive, Servicing Management, MortgageOrb, Progress in Lending, National Mortgage Professional, Mortgage Professional America, Canadian Mortgage Professional, Mortgage Professional News, Mortgage Broker News and HousingWire. November 10, 2020 1,455 Views Share Savelast_img read more

Crunch talks on fishing quotas underway in Brussels

first_img LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Three factors driving Donegal housing market – Robinson Previous articleSearch resumes for missing Letterkenny womanNext articleUdaras board warns of severe budgetary pressures News Highland By News Highland – December 13, 2010 Pinterest Google+ Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey WhatsApp Crunch talks on fishing quotas underway in Brussels Newsx Adverts Almost 10,000 appointments cancelled in Saolta Hospital Group this week Facebookcenter_img Facebook Twitter Pinterest RELATED ARTICLESMORE FROM AUTHOR Twitter Calls for maternity restrictions to be lifted at LUH Guidelines for reopening of hospitality sector published Google+ WhatsApp Junior Fisheries Minister Sean Connick is in Brussels today for two days of talks on fishing quotas for 2011, with the Killybegs Fishermen’s Organisation saying they are concerned at the unwillingness of the new commissioner to consult with the industry.Meanwhile, weekend discussions on mackerel stocks saw the EU and Norway reach agreement on a quota system that will see the Irish catch increase by 10%.However, Iceland and the Faroes continue to ignore previously agreed quotas, and Sean O’Donaghue of the KFO says that’s still a major problem………..[podcast]http://www.highlandradio.com/wp-content/uploads/2010/12/sod1pm.mp3[/podcast]last_img read more

Government reimburses Donegal County Council for reaching household charge targets

first_img Pinterest Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey WhatsApp News Twitter Pinterest By News Highland – May 20, 2013 Twitter Guidelines for reopening of hospitality sector published Facebook Almost 10,000 appointments cancelled in Saolta Hospital Group this week Government reimburses Donegal County Council for reaching household charge targetscenter_img Google+ Just over 300 thousand euro, withheld from Donegal County Council in penalties for non-collection of the household charge is to be reimbursed by Minister for the Environment Phil Hogan.Mr Hogan had refused to pay out the full Local Government Fund allocation to a number of local authorities who failed to collect at least 65 per cent of the charge introduced last year.However, all city and county councils have now bridged the gap and a national compliance rate of 76 per cent was reached this week.Donegal County Council was the last over the line and has now reached a payment rate of almost 66 per cent.The local authority, having had the biggest non-payment rate, is getting the largest rebate, with €309,458 now being paid out. WhatsApp Google+ Calls for maternity restrictions to be lifted at LUH Previous articleDonegal Deputy wants Justice Minister to explain Wallace commentsNext article500k allocated for Donegal Roads under CIS scheme News Highland RELATED ARTICLESMORE FROM AUTHOR LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Facebook Need for issues with Mica redress scheme to be addressed raised in Seanad also read more

Pressure mounts on ‘The Cope’ and Dr McDaid to forego ministerial pensions

first_img Google+ Pressure mounts on ‘The Cope’ and Dr McDaid to forego ministerial pensions Facebook The opposition’s set to keep the pressure on the Taoiseach this morning, with five politicians still holding out on their ministerial pensions.They want Brian Cowen to follow the example of the Fine Gael leader and announce that all of those still embroiled in the double payment controversy will cave in to pressure.Fionnan Sheahan of the Irish Independent says it’s a complex position for the Taoiseach:[podcast]http://www.highlandradio.com/wp-content/uploads/2010/04/09shea1.mp3[/podcast]Two of the remaining five pension recipients are not in the Dail, and Donegal North East TD Dr James Mc Daid is currently not in the Fianna Fail parliamentary party.North West MEP Pat The Cope Gallagher says he’s still considering what he’ll do. He says his salary dropped from 126,000 euro to 91,000 euro when he rejoined the European Parliament.Local Councillor Mick Quinn, says it’s only moral that the two give up their ministerial pensions.[podcast]http://www.highlandradio.com/wp-content/uploads/2010/04/quinn1.mp3[/podcast] Facebook Minister McConalogue says he is working to improve fishing quota Pinterest RELATED ARTICLESMORE FROM AUTHOR Previous articleJustice minister pulls out of GRA conference over content of O’Boyce speechNext articleFinn Valley College to get a new school building News Highland News Almost 10,000 appointments cancelled in Saolta Hospital Group this week Twittercenter_img Dail hears questions over design, funding and operation of Mica redress scheme WhatsApp Need for issues with Mica redress scheme to be addressed raised in Seanad also WhatsApp LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Google+ By News Highland – April 28, 2010 Twitter 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Pinterestlast_img read more

Mc Hugh promises to raise Donegal referendum concerns in Dail

first_img Google+ 75 positive cases of Covid confirmed in North By News Highland – November 11, 2012 Mc Hugh promises to raise Donegal referendum concerns in Dail Facebook Further drop in people receiving PUP in Donegal RELATED ARTICLESMORE FROM AUTHOR WhatsApp Donegal North East Deputy Joe Mc Hugh says future legislation must factor in the concerns expressed by the high ‘No’ vote in the county, and he’ll be ensuring that the concerns of the people are recognised.He said while there are a number of possible explanations for the Donegal, he detected a very real fear of what he called “overzealous intervention”…………[podcast]http://www.highlandradio.com/wp-content/uploads/2012/11/joe1.mp3[/podcast] Facebook WhatsApp Newscenter_img Man arrested on suspicion of drugs and criminal property offences in Derry Twitter Twitter Google+ Gardai continue to investigate Kilmacrennan fire Previous articleBoth Donegal constituencies reject Children ReferendumNext articleICSA claims 2% of the national sheep stock has been stolen News Highland 365 additional cases of Covid-19 in Republic Pinterest Pinterest Main Evening News, Sport and Obituaries Tuesday May 25th last_img read more