Clydesdale and Yorkshire Banks choose Help the Hospices

first_img Tagged with: corporate  27 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Clydesdale and Yorkshire Banks choose Help the Hospices Howard Lake | 1 February 2008 | News Clydesdale Bank and Yorkshire Bank have selected Help the Hospices as their new charity partner, starting from today.The partnership with the hospice movement’s national charity will incorporate both national and local initiatives. The Banks’ networks of over 340 branches, 74 Financial Solutions Centres and their head offices will be matched with individual local hospice charities, and their employees will be able to participate in local volunteering and fundraising activities.The partnership will include corporate donations, staff volunteering programmes and community partnerships focusing on numeracy and financial literacy.Maxine Blunden, director of fundraising at Help the Hospices, said: “There will be four nationally co-ordinated, themed focus months for fundraising spread throughout the year starting with a big community-focused kick-off in the run-up to Easter. The Banks already have a well-established and successful employee volunteering programme so we are confident there will be substantial and widespread engagement with local hospices”.The Banks’ previous three-year relationship with the British Heart Foundation raised more than £500,000. Help the Hospices was chosen from a shortlist of eight charities that met the banks’ corporate community investment criteria.www.ybonline.co.uk About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

FHFA: Here’s What HAMP Borrowers Facing Resets Can Do

first_img Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Tagged with: Fannie Mae Freddie Mac HAMP Loan Modifications Home / Daily Dose / FHFA: Here’s What HAMP Borrowers Facing Resets Can Do Fannie Mae Freddie Mac HAMP Loan Modifications 2016-06-15 Brian Honea 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.  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Brian Honea Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Share Savecenter_img FHFA: Here’s What HAMP Borrowers Facing Resets Can Do Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Loss Mitigation, News Sign up for DS News Daily Fannie Mae and Freddie Mac have offered several possible solutions for borrowers who received modifications through the government’s Home Affordable Modification Program (HAMP) who are facing increased monthly payments when the interest rates on their modifications reset, according to the FHFA’s 2015 Annual Report to Congress released on Wednesday.The government launched HAMP in February 2009 in response to the crisis as a way for delinquent borrowers to avoid foreclosure. Since then, the program has helped approximately 1.8 million families and completed approximately 2.3 million homeowner assistance actions. HAMP is set to expire at the end of this year.Under the terms of HAMP, five years after receiving a modification, homeowners will see the interest rate increase by 1 percentage point each year until it reaches the market rate in place at the time they received their modification. According to Treasury, the typical HAMP homeowner will experience two to three step-ups; the nationwide median payment increase after the first step-up is $93, while the median payment increase after the final step-up is around $206.According to the FHFA’s annual report to Congress, in January 2015, the Agency directed the GSEs to implement a $5,000 pay-for-performance incentive to reduce the outstanding principal for HAMP borrowers who have remained in good standing through the end of the sixth year of their modification. The FHFA then made two changes to its Streamlined Modification products; in March, the period of time for which a borrower who recently experienced an interest rate reset must have been delinquent in order to receive a modification was reduced from 90 days to 60 days, and then in May the sunset date for all Streamlined Modification products was eliminated.“One of the reasons for ensuring the continuing availability of this loss mitigation tool is its role as a solution for HAMP borrowers who face rate resets,” FHFA said in its report.Also according to FHFA, during 2015 Fannie Mae and Freddie Mac identified approximately 16,000 HAMP borrowers facing resets who were eligible for a refinance through the government’s Home Affordable Refinance Program (HARP), which is also set to expire at the end of 2016. The GSEs provided servicers with information that would enable them to solicit these borrowers for HARP, according to FHFA.Treasury has been monitoring HAMP data closely and has created a three-pronged safety net to help borrowers should they struggle with a step-up to avoid re-defaulting. The prongs are one, requiring servicers to notify borrowers at two separate time points that a step-up is imminent (no less than 120 days from first rate increase and at least 60 days prior to first increase); the second is introducing post-modification counseling for borrowers who are at risk of re-default and have missed a payment; and the third is an enhanced suite of tools which include increased incentives for remaining current and improved HAMP Tier 2 modification options.Click here to view the entire FHFA Annual Report to Congress for 2015. Previous: Can Banks and Fintechs Live in Harmony? Next: Nearly Half of Foreclosures Wrapped up in Five States June 15, 2016 2,829 Views The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

Flora Bolonyai heads to 2012 Olympic Games

first_imgBy helping Team Hungary capture a spot in the semifinals of the women’s water polo tournament in Italy, USC sophomore goalie Flora Bolonyai and her Hungarian teammates qualified for the upcoming 2012 Olympic Games in London.Hungary for more · Sophomore goalkeeper Flora Bolonyai will be competing in the London Olympics for her home country of Hungary. – Photo courtesy of Sports InformationThe 18-5 win over Kazakhstan on Friday that propelled Hungary to the semifinals was enough for the team to earn a berth in the eight-team Olympic field.Alumna Sofia Konoukh also helped Russia qualify Friday after a 7-6 victory over Canada, which also consisted of USC graduates Joelle Bekhazi and Rosanna Tomiuk.Konoukh will appear in the Olympics for the fourth time in her career.Another USC graduate, Ilse van der Meijden of the Netherlands, barely missed the cut after the Dutch fell 6-7 to Italy in the quarterfinals. Van der Meijden and the Netherlands won the gold in the 2008 Beijing Games.Though Hungary and Russia fell in their semifinal matchups to Spain and Italy on Saturday, both teams will be joining Australia, China, Italy, Great Britain, Spain and the United States in London.The United States Olympic water polo roster will be announced next month and could include USC seniors Lauren Wenger, Tumua Anae and Kami Craig.The three were members of the national team that secured an Olympic berth after winning the Pan-American Games.Bolonyai will return to USC to help the Women of Troy in the upcoming Mountain Pacific Sports Federation tournament in USC’s attempt to qualify for the 2012 NCAA tournament in May.The tournament begins Friday and will continue through Sunday.last_img read more