Bank of America Offering Five Pools of Delinquent Loans For Sale Worth $1.2 Billion

first_imgHome / Daily Dose / Bank of America Offering Five Pools of Delinquent Loans For Sale Worth $1.2 Billion Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago August 7, 2015 1,691 Views Bank of America Delinquent Mortgage Loans Non-Performing Loans 2015-08-07 Brian Honea Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago 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. 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 Bank of America is offering five pools of residential mortgage loans for sale totaling $1.2 billion that range in status from current to modified to non-performing, according to multiple media reports on Friday.Citing a “person with knowledge of the matter,” Bloomberg reported that although some of the loans being offered are current, most are in some stage of delinquency. According to the report, Bank of America is servicing four of the pools and Ocwen is servicing the other.Bank of America spokesman Dan Frahm would not confirm or deny that the bank was offering the loans for sale, stating that the bank didn’t comment on “market rumor or speculation.” A spokesman from Ocwen did not immediately respond to a request for comment.The loans being offered for sale by Bank of America are the latest in a series of sales lenders have offered this year in an attempt to remove non-performing loans from their portfolios and at the same time meet investor demand for distressed real estate as foreclosure inventory continues to shrink. According to Mission Capital Advisors, banks that are trying to build more capital and that are facing stricter regulations have sold or offered $18 billion worth of defaulted residential mortgage loans in 2015 alone. That number is slightly ahead of last year’s pace, when banks sold $32 billion worth of defaulted residential mortgage loans, according to Mission.The private market is not the only place where NPL sales are taking place. In the secondary market, Fannie Mae and Freddie Mac have executed several NPL sales in the last year. Freddie Mac, in five of its Standard Pool offerings combined, has sold about $2.76 billion worth of deeply delinquent single-family residential mortgage loans since July 2014. Fannie Mae sold its first-ever bundle of non-performing loans in May 2015, worth $762 million, and announced its second such sale in late July on a bundle of NPLs worth $788 million. in Daily Dose, Featured, News  Print This Postcenter_img Tagged with: Bank of America Delinquent Mortgage Loans Non-Performing Loans Servicers Navigate the Post-Pandemic World 2 days ago Previous: Will Recent Job Gains Be Enough to Convince the Fed to Raise Rates in September? Next: Fannie Mae Finds Lower Confidence Among Homeowners in July Related Articles The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe Servicers Navigate the Post-Pandemic World 2 days ago About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Bank of America Offering Five Pools of Delinquent Loans For Sale Worth $1.2 Billion Share Savelast_img read more

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Everything is possible for Liverpool – Klopp

first_img(BBC) – Liverpool manager Jurgen Klopp says “everything is possible” for his side if they stay “humble” after completing the club’s first title win in 30 years.The Reds were crowned Premier League champions after Manchester City’s defeat at Chelsea on Thursday.The title triumph is the Anfield club’s 19th overall but first since 1990.Speaking to BBC sports editor Dan Roan, the German said it meant “absolutely everything” to help deliver a first Premier League title to Liverpool fans.“As long as we stay humble and we’re still ready to write stories we want to tell our grandchildren, everything is possible for us,” he added.The German became Liverpool manager in October 2015 and led them to Champions League victory last season, as well as a second-placed finish in the league. They subsequently won the Club World Cup in December.“Without knowing it at the time, the most important thing I said to the players was that we have to create our own stories and own history,” said Klopp.“When I came in, I had to tell them not to compare themselves with anyone anymore, some of the fantastic people who played for this club and won everything in the past.“We needed to get the opportunity from our supporters to find our own way, and this is only possible because people never lost patience with us in any moment.”“We got rid of the heavy backpack. I took it off that day and never got it back.”His first reaction to winning the title“Last night I was absolutely overwhelmed and didn’t understand anything, what happened with my body, what happened with my emotions.“I realised it was obviously really big, I knew that before but I don’t think you can be prepared for a situation like this. I was not.“Maybe you can, but I wasn’t and so it hit me full, in my face, and when I’ve had similar situations you know that it’s nice but it’s intense as well.“I don’t feel the pressure too much before it happens – but when it happens the amount of relief shows how big the pressure was before.“I was just not able to speak. Usually it’s a good moment to have a speech to the players but I was just not able to do it – I was completely overwhelmed, I was crying too much last night.”His relationships with his players“I have a very good relationship with all my teams but the mix of skill sets that these boys bring in here, plus the personality they bring is absolutely exceptional and only this combination of things makes it possible.“They are really a bunch of top boys and I am really happy to be part of this moment.“They are all individuals and different and that’s good, but they have no real selfish characteristics as well.”Giving joy to Liverpool fans during coronavirus pandemic“It means absolutely everything to me. It’s the only reason why we play football.“This city is a very emotional city that went through a lot of hard times, like the club had to go through, and having these good moments is essential. Having a successful football team in a city always lifts the mood in a city so it helps everything.“At this moment in time, in the biggest crisis our generation has probably ever had, it’s so important that we don’t forget that there is something we can really look forward to.”Comparisons to Bill Shankly, Bob Paisley and Sir Kenny DalglishKlopp told a news conference he “doesn’t want a statue, that’s not my motivation” and responded to a question about a lifetime contract by saying he will “be here for a while”.On comparisons with Liverpool managerial legends, he told BBC Sport: “I don’t see it that way. It’s not too important. But if people want to see it like this, I’m not the guy to tell them to stop doing that.“But they are really icons. What Bill and Bob did is just incredible and in very difficult times – people had nothing and they lifted and built this city. Kenny was player-manager – it’s unbelievable, I don’t think there is any story that can compare with that, just incredible.“Since we use our history in the right manner, since we don’t compare anymore, since we are just happy about it, build on it, since then we can do what we do now.”Overcoming history and now building a dynasty“The history is no burden anymore. It is the basis for what we are doing.“Last year we had 97 points so we were really close – it’s not like it’s been up and down with us. Here’s the second year now where obviously we are pretty good.“Winning all the time that’s really difficult because the other teams are too good for that. They have a good chance to improve of course as well – we have to be better, they have to, we will, they will and then we will see who is best.“We have to bring in new things, other teams will defend us differently, we have to adapt but that is normal in life and in football. But the consistency, if we can keep it that would be a massive achievement already.”Dancing in celebration“If I want to dance, I’ll dance. I don’t do it for the boys.“We were in a good mood, so it happened not for the first time at an evening event. The boys know that I like a dance from time to time.“Last night was a good moment in my life so I expressed that on the dance floor as well.”last_img read more

adminSeptember 18, 2020oxytgLeave a Comment

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Mark Carroll Named Director of Track & Field and Cross Country

first_imgDES MOINES, Iowa – Mark Carroll, a successful head coach with tremendous international experience as coach and Olympian, has been named director of track & field and cross country at Drake University, director of athletics Sandy Hatfield Clubb announced Tuesday, June 27.”I am thrilled to welcome Mark Carroll to Drake University as our director of track & field and cross country,” said Drake University director of athletics Sandy Hatfield Clubb. “Mark has a tremendous record of success as both a coach and athlete at the collegiate and international level. His plan and vision of success for Drake track & field and cross country and our student-athletes aligns perfectly with the mission of the Bulldog Way. I want to thank associate athletic director Megan Franklin for her leadership during the search process in identifying the ideal candidate to lead the Bulldogs and add to the Drake’s track & field and cross country programs’ rich legacy.”Carroll takes over the Drake track & field and cross country programs after spending the last eight seasons as head cross country coach and assistant track & field coach at Auburn University. At Auburn, Carroll coached five All-Americans, two NCAA regional cross country champions, six Southeastern Conference Champions and 18 All-SEC honorees.”I want to thank Drake University director of athletics Sandy Hatfield Clubb for the tremendous opportunity to serve as the Drake University director of track & field and cross country,” Carroll said. “Drake University has a historic and rich tradition in track & field and cross country and I am very excited to lead the program to future Drake Relays, Missouri Valley Conference and NCAA success. My wife, Amy, and I are looking forward to joining the Bulldog family.”In his eight-year tenure at Auburn, Carroll also mentored seven student-athletes that qualified for the NCAA Cross Country Championships and seven school records were broken.”Mark’s emphasis on goal achievement in supporting student-athletes to reach their greatest potential speaks volumes given his own athletic and coaching achievements,” said Drake associate director of athletic and senior woman administrator Megan Franklin. “Mark has the skill and experience to capitalize on the successes of the current team and develop championship caliber performances. Furthermore, given Mark’s collegiate experience at Providence College, he appreciates the unique opportunity a Drake education and athletic experience provides student-athletes.”In 2012, Carroll served as the Irish Olympic team distance coach at the London Olympics and was also Ireland’s distance coach at the 2010 European Championships in Barcelona, Spain.Carroll boasts an elite-level pedigree as an athlete himself on the international stage as a two-time Olympian representing his native Ireland in the 2000 and 2004 Olympic games in the 5,000 meters and as a six-time World Championships qualifier.He set Irish national records in the 3,000 (7:30.36), 5,000 (13:03.93) and 10,000 (27:46.42) meters and won the 2000 European Indoor Championship in the 3,000 meters after finishing third in the 5,000 meters at the 1998 European Outdoor Championships. In 2002, he finished sixth in the New York Marathon with a time of 2:10.54 that just missed shattering the Irish national record in that event by 61 seconds.Carroll ran professionally for Asics, adidas and Nike and assisted the Athletic Association of Ireland prior to beginning his coaching tenure at Auburn. In his role with the Athletic Association of Ireland, he managed US based Irish athletes in preparation for national team competitions and facilitated support services for Irish athletes.Carroll competed collegiately at Providence College where he was a six-time All-American and the 1995 NCAA indoor champion in the 5,000 meters. In cross country, he was the NCAA Championship runner-up in 1995 and placed third in 1992. A seven-time BIG EAST champion, he was named the Providence College Athlete of the Year in 1995 and 1996 and inducted into the Friars’ Hall of Fame in 2008.A native of Cork, Ireland, Carroll is married to the former Amy Rudolph, a two-time Olympian herself and a USA Indoor Champion and former national record holder in the 5,000 meters.Print Friendly Versionlast_img read more

adminDecember 24, 2019ehxnxLeave a Comment

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Start date announced for Muff to Buncrana bus service

first_imgThe much-needed Muff to Buncrana bus will be taking to the road from the 2nd of July 2019.The news has been welcomed by Inishowen Sinn Féin Councillors Jack Murray and Terry Crossan today.The tender was issued after a public meeting was held in Muff by Cllr Murray. Commenting on the news, he said; “I am delighted that we have now reached this point and that this much needed public service will commence soon. This is an issue which has been flagged up regularly by local residents and will be particularly beneficial to secondary school pupils and those travelling to the doctors in Buncrana.“I couldn’t speak highly enough of Local Link as they have been extremely helpful throughout this process. They immediately agreed to meet residents when the invite was made. They then took all concerns on board and acted upon them.”His colleague, Cllr Crossan agreed and said; “This is a very positive announcement for the village of Muff. The service will cost just €3 and will be accessible transport for all. I would encourage everyone to avail of this service and ensure it is maintained. Indeed, I am confident that if it proves popular enough then we can lobby to extend the service to six days a week in future.”Start date announced for Muff to Buncrana bus service was last modified: June 14th, 2019 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:buncranabusLocal Linkmufflast_img read more

adminDecember 21, 2019vfkxnLeave a Comment

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Lights, camera and eventually action as Raiders go camping with `Hard Knocks’ watching

first_imgNAPA — The lights and camera phase of the Raiders’ 2019 season are underway, courtesy of the HBO Series “Hard Knocks.”In terms of action, we’ll get our first peek at the new-look Raiders Saturday during their first training camp practice on the grounds of Redwood Middle School behind the Napa Valley Marriott.Rookies and selected veterans report Tuesday, with the full squad arriving Friday. Coach Jon Gruden will talk that day, having already dealt with the presence of NFL Films, which helps …last_img

adminDecember 20, 2019mskyyLeave a Comment

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Juan Smith completes remarkable Springbok return

first_img21 August 2014Juan Smith will complete a remarkable return to international rugby when he runs out for the Springboks against Argentina in Salta on Saturday, in the second test of the Castle Lager Incoming Series.Achilles injuryAfter suffering a serious Achilles tendon injury, which caused him to miss the 2011 Tri-Nations Championship and Rugby World Cup, Smith took a break from rugby in 2012 after undergoing four operations on the injury.He returned to action in February 2013, playing in a pre-season game for the Cheetahs, but after an MRI scan he announced his retirement from the sport after the match.In September 2013, Smith came out of retirement to join French club Toulon, home to a number of South African players. Since then, he has been widely praised for the excellence of his performances, which led to his recall to the Springbok team.His inclusion at flank is one of three changes to the starting XV, with a further four changes on the bench.Pack changesGurthro Steenkamp (prop) and Eben Etzebeth (lock) will start in the tight five, with Tendai Mtawarira and Bakkies Botha moving to the bench. Marcell Coetzee will join them among the replacements after coming into the starting line-up as a late substitute for the injured Willem Alberts last weekend in Pretoria.The final change to the team, which beat Argentina by 13-6 at Loftus Versfeld, is the inclusion of Lwazi Mvovo on the bench.‘A great opportunity’“We have a couple of options at blindside flank, but we’ve decided that this will be a great opportunity to give Juan a chance,” Springbok coach Heyneke Meyer said in a statement.“If it wasn’t for an injury, which kept him out in June, he would’ve played a part in the Castle Lager Incoming Series. He was one of Toulon’s best players after more than two years out of the game and helped them to win two major competitions.“Apart from experience and leadership, Juan is a superb ball-carrier and also brilliant at the back of the lineouts, where we missed Willem Alberts last week. Our lineouts are an important attacking platform and we need to improve this week. I’m sure Juan will add another dimension.”‘Wonderful’Commenting on the other changes to the Springbok team, Meyer added: “It’s also wonderful to have Eben back to full fitness and he’ll slot in at lock without any problems.“‘Beast’ recently returned from an injury, which kept him out for some time, and it was decided to rotate him and Gurthro mainly because of the short turn-around after our travel to Argentina.”New venue for SpringboksSaturday’s test will be the Springboks’ first visit to Salta, in the north west of Argentina.“We’re looking forward to the challenge. Although we were happy with the result in Pretoria, we were not happy with the performance and this is an opportunity to show improvement against a tough opponent away from home,” said Meyer.StandingsThe Springboks are top of the Castle Lager Rugby Championship standings after the first round of matches. In their first round clash in Sydney, Australia and New Zealand drew 12-12.SAinfo reporterlast_img read more

adminDecember 18, 2019ohjkuLeave a Comment

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NorthPort teammates blown away by Robert Bolick: ‘He’s not even a rookie’

first_imgMOST READ The 23-year-old Bolick debuted in style, turning in a game-high 26 points on 10-of-12 shooting from the field on top of three rebounds and three assists in close to 36 minutes of play.“He’s different. He’s made [for the PBA],” said NorthPort coach Pido Jarencio.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool starsPBA fans who never religiously followed Bolick’s NCAA career were surely left surprised by the guard’s performance.But his Batang Pier teammates have somewhat saw that coming from Bolick. LOOK: Joyce Pring goes public with engagement to Juancho Triviño “We’re not surprised. I’m not surprised because I’ve seen him play in our tune-up games and I’ve known then that he’s going to have a big impact on our team,” said swingman Paolo Taha, who also starred for NorthPort with a career-best 21 points.“We all know Robert is a winner ever since he was in college with many championships at San Beda. I like playing with him because he can do everything. He’s a court general, an unselfish player so he and Stanley are the ones who dictate our tempo,” Taha added.Sports Related Videospowered by AdSparcRead Next Is Luis Manzano planning to propose to Jessy Mendiola? SEA Games: Biñan football stadium stands out in preparedness, completion LOOK: Joyce Pring goes public with engagement to Juancho Triviño SEA Games: Biñan football stadium stands out in preparedness, completion PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Don’t miss out on the latest news and information. Stanley Pringle and Robert Bolick. Photo by Tristan Tamayo/INQUIRER.netNorthPort newcomer Robert Bolick scored 10 points in his first six minutes in the PBA, had nine in the third quarter before adding the finishing touches in the final frame including a tough step back jumper from the deep right corner in front of his team’s bench.“He’s not even a rookie,” said his superstar teammate Stanley Pringle Wednesday after the Batang Pier steamrolled the Blackwater Elite, 117-91, in the two squads’ opening game in the 2019 PBA Philippine Cup. ” He’s ready to go, ready to work.”ADVERTISEMENT TS Kammuri to enter PAR possibly a day after SEA Games opening After last season’s runner-up finish, Lady Tamaraws not looking too far ahead Private companies step in to help SEA Games hosting SEA Games hosting troubles anger Duterte LATEST STORIES View commentslast_img read more

adminNovember 27, 2019mskyyLeave a Comment

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International sports personalities join hands for Bengaluru Sports Festival

first_imgBengaluru’s first-ever ‘Sports Festival’, which aims to inculcate sports as a culture and make it inclusive to the lifestyle of the city – Bengaluru Sports Festival (BSF) – is taking shape under the aegis of Sports Excellence Trust.This unique festival is the idea of some of the brightest brains of Bengaluru simply for their love for sports. Prakash Padukone, former Indian badminton player; Rahul Dravid, former Indian cricketer, Vidya Laxman, marathoner; Reeth Abraham, renowned athlete; Nandan Kamath, Go Sports, V Ravichandar, urbanist and Anand Adkoli, entrepreneur, have joined hands to curate this sports extravaganza.The first edition of the sports festival will be hosted at the Padukone-Dravid Centre for Sports Excellence on December 8-9, 2018. “It is widely known and accepted fact that India is a “sports-loving nation” and not yet a “sports playing nation”. We haven’t fully reaped the demographic dividend in sports as a nation. BSF has been envisioned to inculcate sports as a culture for every Indian family and make it inclusive to our lifestyle,” said Vimal Kumar, President, Sports Excellence Trust, and former international badminton player.According to Shyamsundar Pani, Director, Bengaluru Sports Festival, there isn’t any platform where parents and their children can enjoy sports end-to-end in one single venue in India’s IT hub. “All work, No play”, has become the norm for all. BSF aims to develop, cultivate and nurture sports culture in India with the end objective of ensuring that sports become a part of our routine,” he added.The sports event in which Karnataka government is expected to participate to promote ‘Brand Bengaluru’, aims to celebrate sports culture for the city by encouraging residents to take part in several sports, interactive, health and fitness initiatives. It is open for all age groups and will witness the participation of over 20,000 sports enthusiasts. Nearly 100 international and national sports personalities and city celebrities are expected to join the festival.advertisementThe two-day carnival will host workshops emphasising the growing impact of sports in one’s life, the benefits of sports in our society and how people are coming forward to pursue sports as a career choice. Highlighting the importance of proper exercise and maintaining a good diet, the carnival will have food and nutrition workshop by fitness experts. The workshop will also aim on the peer engagement programs, where the participants will interact with people from different backgrounds and interests.last_img read more

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How to get POTM Kane on FIFA 18

first_imgHarry Kane Kane wins POTM… how to get him on FIFA 18! Harry Sherlock 20:57 1/12/18 FacebookTwitterRedditcopy Comments(0) Harry Kane Tottenham Wimbledon Mike Hewitt Harry Kane Tottenham Hotspur Premier League eSports The Tottenham striker was rewarded for netting eight Premier League goals in December and is attainable on the world’s most popular football game Harry Kane has been voted Premier League Player of the Month, meaning the striker’s upgraded card is available on FIFA 18!You need only complete two Squad Building Challenges, where you trade in 12 players from your club, to be rewarded with two packs, and Kane’s card.Kane is now rated at 91 out of 100, and boasts 95 shooting, 89 physical and 87 dribbling; a major boost on his 86-rated base card, which has 87 shooting, 83 physical and 79 dribbling. Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player For the first SBC, and this may leave many new players with their noses pressed up against the proverbial glass, you simply need to trade in a special Spurs striker card of English nationality; either Kane – who already has one In-form, a Team of the Group Stage card and another Player of the Month item – or Dele Alli, who can be converted into a striker from his base midfielder card. Another for the collection. Congratulations @HKane, the #PL Player of the Month for December! @premierleagueSBC https://t.co/DOfUkSlSpS pic.twitter.com/Q7vJKXkVmU— EA SPORTS FIFA (@EASPORTSFIFA) January 12, 2018 And for the second, cheaper, challenge, you’ll need to trade in players from the teams Kane scored against; two players from Stoke City, three players from Burnley, and three players from Southampton in an 81-rated team with 90 chemistry.If you complete the two you’ll receive a mega pack, worth 35,000 coins, and a Premium Gold Pack, worth 7,500 coins, as well as Kane’s special card.Get squad building!last_img read more

adminNovember 14, 2019fqqjgLeave a Comment

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