zoom The pump manufacturer Ruhrpumpen has chosen Trelleborg Gimbal Mountings for its water injection package for LNG in Gjerdrum, Norway.The package is placed on a special designed Floating Production, Storage and Offloading (FPSO) unit from Sevan Marine, the “Sevan Voyageur.”Trelleborg’s gimbal mountings will be used as a three point suspension system protecting the equipment from vibration and the movements of the vessel. By reducing vibration, shock and structure-borne noise, isolation systems make an important contribution to protecting high value installations, improving efficiency, safety and the working environment.The water injection package from Ruhrpumpen consists of two booster pumps type SCE 10X8X16 and two main pumps at SM 6X13X10. The main pump skid, that also will carry the Lube Oil System, has been designed as a three point support version, which is a special design for platforms and FPSOs.Press Release, May 8, 2014
zoom Qatar-based LNG shipping company Nakilat and Greek shipping company Maran Ventures Inc. have expanded their joint venture partnership with two additional LNG vessels.The new agreement increases the number of vessels jointly-owned by Nakilat and Maran Gas from 13 to 15 vessels.The two newly added vessels, Woodside Rogers and Woodside Goode, featuring 159,800 cbm each, were built by Daewoo Shipbuilding & Marine Engineering Co (DSME) in 2013.In addition, the two vessels are under a long-term charter and equipped with Dual Fuel Diesel-Electric (DFDE) propulsion models, Nakilat said.“We are delighted at this opportunity to further strengthen our long-term strategic relationship. We look forward to working closely together in the future, continuing to strive to provide a first-class service to all our LNG customers,” Chairman of Maran Gas, John Angelicoussis said.Maran Nakilat Co. Ltd. was first established in 2005 with four jointly-owned LNG vessels, and was further expanded on several occasions.“Strategic alliance with renowned partners has been fundamental to our success, and we are always looking for opportunities to grow our international presence. Nakilat now has an ownership interest in 69 vessels, affirming our global leadership in energy transportation with the world’s largest LNG fleet,” Nakilat’s Chief Executive Officer Eng. Abdullah Al Sulaiti said.
Ahmedabad: India’s second moon mission ‘Chandrayaan-2’ is expected to reach the moon’s orbit on August 20 and land on the lunar surface on September 7, Indian Space Research Organisation (ISRO) Chairman Dr K Sivan said on Monday. The spacecraft is all set to leave the earth’s orbit after two days, he told reporters here. The 3,850-kg Chandrayaan-2, a three-module spacecraft comprising orbiter, lander and rover, which was launched on July 22, would make a landing on the moon on September 7, the ISRO chief said. “After launching Chandrayaan-2 on July 22, we did five manoeuvres. The Chandrayaan-2 composite body is now revolving around the earth,” he said. “At around 3.30 am on August 14, we are going to have a manoeuvre called trans-lunar injection. By this manoeuvre, the Chandrayaan-2 will leave the earth and move towards the moon. On August 20, we will be reaching the moon,” he said.
Actress Emily Deschanel, star of the popular Fox TV series “Bones,” has taken on a new role as narrator of a powerful video that drives home the real numbers behind the slaughter on the high seas of marine species.Video: Emily Deschanel says: Stop the Slaughter of Marine Mammals!Produced by The Humane Society of the United States, the creatively animated short piece raises awareness of crucial protections urgently required for marine animals, including polar bears, sharks, whales and turtles. The international commercial wildlife trade has a heavy impact on marine animals’ survival and is responsible for the decline of wild populations of a number of marine species. The video’s release coincides with a major international conservation meeting that takes place every few years, the Convention on International Trade in Endangered Species, where decisions are made by 178 nations on regulations for international trade.“I think that people invariably respond to the bare facts and that’s why I hope this video will make viewers, most importantly, the delegates at CITES, sit up and take note of the shocking numbers of marine animals that are being decimated. Not only is this an animal protection concern, but it is also of immense importance to the overall health of our oceans,” says Deschanel.Through March 14 in Bangkok, CITES member countries are meeting to decide which species should be protected, and to impose controls or bans on their international commercial trade by adding them to one of the treaty’s appendices. An animal (or a plant) placed on Appendix I of CITES receives the highest level of protection – international commercial trade in its parts and products is effectively banned. An animal or plant listed on Appendix II allows for international trade, but with regulations.A delegation from The HSUS and its global affiliate Humane Society International is at the meeting, championing more than 40 proposals to provide greater protections for wildlife. Some of the marine life proposals include advocating for the transfer of the threatened polar bear, the freshwater sawfish and the African manatee to Appendix I; the African manatee is the only manatee species currently without top-level protection. The HSUS and HSI also support the U.S.-backed proposal to list the oceanic whitetip shark and proposals by other countries to list porbeagle sharks, hammerhead sharks and manta rays on Appendix II.“Like the intelligent, tenacious character she portrays in “Bones,” Emily is respected as a dedicated animal advocate, who is always willing to go that extra mile to take action for what she believes in. We are so grateful that she agreed to voice our video at such a crucial time for marine animals,” says Beverly Kaskey, senior director, HSUS Hollywood Outreach program.The HSUS and HSI work on a number of campaigns to protect marine species. Among other efforts, they fight to maintain the moratorium on commercial whaling, to end the finning of sharks, and to protect sea turtles and the endangered right whale from ship strikes and fishing gear entanglement. They also work to improve the welfare of captive marine mammals and ultimately to end their public display, as well as to end the slaughter of harp seals in Canada and the shooting of sea lions on the U.S. West Coast who are killed for eating salmon.
APTN National NewsDid hundreds of thousands of dollars in donations help convince a provincial government to approve a gold mine?The Tsilhqot’in people from British Columbia’s interior believe the answer is yes.As the fate of the Prosperity mine project is debated by Ottawa, new information about donations to B.C.’s ruling Liberal Pary are raising questions.APTN National News reporter Rob Smith has more.
TSX climbs on higher oil prices, BlackBerry shares gain nearly 8% by Linda Nguyen, The Canadian Press Posted Jun 1, 2017 9:35 am MDT Last Updated Jun 1, 2017 at 3:40 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TORONTO – Canada’s main stock index racked up a solid three-digit gain Thursday amid higher oil prices and boosts from tech firm BlackBerry Ltd. and Ski-Doo maker BRP Inc.In Toronto, the S&P/TSX composite index advanced 120 points to 15,469.91, as nearly all sectors finished in the black.Two of the biggest gainers were shares of BlackBerry (TSX:BB), which rose nearly eight per cent, and shares of BRP (TSX:DOO), which jumped nearly 13 per cent.BlackBerry stock rose following a report by online stock commentary website Citron Research that identified the company as a likely acquisition target.The Ontario-based former smartphone maker, which recently switched its focus to software, saw its shares climb $1.14 to $15.42 on the TSX.“Our belief was that the restructuring of BlackBerry was never going to lead to BlackBerry becoming a stand-alone, profitable company like they once were,” said Kash Pashootan, a senior vice-president and portfolio manager at First Avenue Advisory, a Raymond James company.“Our belief was that the restructuring was simply to get the business packaged and looking the way it should for an acquisition to take place.”He said it still remains “highly speculative” if or when a takeover might happen, but investors are buying the stock now on that bet.Meanwhile, shares in BRP climbed $4.17 to $37.03 after the Quebec-based company said it will begin paying a quarterly dividend of eight cents per share starting in July and plans to buy back up to $350 million of its shares by the end of July.South of the border, Wall Street was similarly strong, with all three indices finishing at record highs.The Dow Jones industrial average was ahead 135.53 points to 21,144.18, the S&P 500 index added 18.26 points to 2,430.06, and the Nasdaq composite index was up 48.31 points to 6,246.83.The gains were helped by optimism from a report by payroll processor ADP that saw private companies added 253,000 jobs last month in the United States, more than investors expected.A U.S. government report on jobs is set to be released on Friday, which economists expect to show growth of 176,000 jobs in May.A stronger employment market gives the U.S. Federal Reserve more leeway to raise interest rates, a move that is expected to happen in two weeks when the central bank meets to discuss rate policy.The Fed has already raised rates twice since December.In commodities, the July crude contract rose four cents at US$48.36 per barrel after settling at its lowest price in two weeks on Wednesday, helped by a report from the U.S. Energy Information Administration that showed crude inventories dropped 6.4 million barrels, more than expected.The Canadian dollar, which often trades in tandem with the direction of oil prices, was unchanged at an average price of 74.07 cents US.Elsewhere, the July natural gas contract was down six cents at US$3.01 per mmBTU, the August gold contract gave back $5.30 to US$1,270.10 an ounce, and the July copper contract gained a penny at US$2.59 a pound.Follow @LindaNguyenTO on Twitter.
SMMT’s Events Newsletter for March 2016, with the latest information on SMMT, Industry and International events.Events Newsletter, April 2016.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)
One woman sent there as a teenager in the early 1970s describes her first memory of the main living room, where girls were locked in unsupervised.“There were no toys, there were no books, there was nothing in this room except for just girls slumped around and girls weeing in the corner because nobody would dare knock on the door because you would be injected if you knocked on the door,” she recalls.“When I looked round there were girls sitting there and they were slumped over in chairs.“Their arms were just over the side of the chairs.“All the dribble was coming – I thought they were dead, it frightened the life out of me.”Of the few she remembers walking around, one desperately needed to use the lavatory.“[Another] girl said ‘Don’t knock on the door, If you knock on that door you know what happens’,” she explains.“So she stood in the corner and wet herself.“One girl did knock on the door, and this other girl pushed me down in a seat. I sat there. I was too scared to move, blink, do anything … some ladies came in … they put her on the floor. Then Miss Law came in with another lady and they started putting injections in her.” They looked like zombies, but then, thinking about it, I must have been one of those girls because I can’t remember anything [after this]. I must have been sat there, dribbling in a chairFormer resident Bishop Langstaff said: “We are very grateful to all of the women who courageously came forward to tell their stories, and we recognise how challenging that was.“The Diocese would like to thank all of the former residents who have participated and we apologise unreservedly to them for the hurt and distress caused to them.”The Bishop of Dover, the Rt Rev Trevor Willmott, of Canterbury Diocese, added: “[This] makes for difficult but essential reading. Bishop James and I are hugely grateful to the women who have come forward for their courage in sharing their stories.“They have done this so that we may learn the lessons of the past and we want to assure them that we have fully resolved to do so.“I would like to echo Bishop James’ apology to them for the pain they have suffered.” She adds: “They looked like zombies, but then, thinking about it, I must have been one of those girls because I can’t remember anything [after this].“I must have been sat there, dribbling in a chair. I can remember the first day, but I can’t remember any other day.”Another, who was just nine when she was sent to Kendall House, adds: “When I look back on it we all were quite ‘zombiefied’.“Being young girls … you know, you play games or you do this or you do that, or you have conversations and laughs and things like that – that never happened, we’d all be just really sullen.”The women describe lining up at mealtimes for “vitamin” tablets as well as being injected directly, leaving them either heavily sedated, slumping over their books in lessons, or even unconscious.One recalls: “You’d go into the office and they’d say ‘You’ve had an argument with blah, blah, blah, and whatever, we feel you need to calm down so we’re going to give you this medication to calm you down a little bit’ and boom, that was it.” Former residents of a notorious children’s home where vulnerable girls were drugged and abused in the 1970s and 1980s have vividly described growing up in a world of “zombies” and terrifying psychedelic visions.The women, who spent part of their childhood at Kendall House, a former Church of England facility in Gravesend, Kent, revealed memories of being placed naked in straitjackets, injected with heavy sedatives which often left them “out cold” and dunked under ice-cold water as a punishment.A report published by the Church earlier this year detailed how residents were drugged – including for experimental purposes – raped and physically abused for almost 20 years between 1967 and its closure in 1986. I did some really weird things, my body was doing some weird things, my body was jerking … my arm was just doing its own thingFormer resident Others gave startling description of what they could remember of being drugged.“I saw things, Oh my God, did I see things,” one recalls. “I saw bloody triangles or wings flying around.“At one stage I remember completely and utterly freaking out. I woke up to what I can only describe as millions of ants all over the bed, all up the bloody walls, there were ants everywhere.“There was something in that room and there were things like triangles or wings flying around … I don’t know what they’d given me to make me hallucinate but I was hallucinating something and I tell you what, it was bloody scary.”Another adds: “My brain was sitting there thinking of what I was saying but what was coming out of my mouth was a totally different thing.“I did some really weird things, my body was doing some weird things, my body was jerking … my arm was just doing its own thing.“I couldn’t control what my body, bits of my body were doing, like my leg would keep lifting without any effort from me whatsoever, I couldn’t control it. I felt like I was itching all the time. I had this really severe itch but it wasn’t an itch, like if you are bitten by a mosquito and you can itch it, it was like under my skin itching’.” The Bishop of Dover, the Rt Rev Trevor WillmottCredit:Gareth Fuller/PA The current Bishop of Rochester, the Rt Rev James Langstaff, in whose diocese the home was, apologised to the women for their treatment under the care of the authoritarian superintendent called Doris Law, who has since died.Now a follow-up report, detailing the memories of four other women not part of the original review, has been published by the dioceses of Rochester and Canterbury describing new allegations of rape, humiliation, physical and psychological abuse.It paints a graphic picture of life inside the home where children as young as nine were routinely drugged, locked in solitary confinement and forced to endure unusual punishments such as being forced to wear nightdresses for weeks at a time for minor infringements of rules. I saw … triangles or wings flying around. At one stage I remember completely and utterly freaking out. I woke up to what I can only describe as millions of ants all over the bed, all up the wallsFormer Kendall House resident The Bishop of Rochester, the Rt Rev James LangstaffCredit:John Stillwell/PA Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings.
← Previous Story World Championship (W): Spain makes it to the semi-final! Next Story → Big loss for France: William Accambray will miss EHF EURO 2012! Handball-Planet.com Contest for the World’s Best Player in 2011 is coming to the last Stage. Almost 5000 Handball Fans Worldwide voted for the „Best Seven“ Players in this Year in our Poll Question at Facebook. We are still expecting some amount of votes in last 24 Hours of Competition, which are growing hour by hour. Thw Winner isn’t decided yet, so the last Day of Voting will be decisive.The number of votes show that our initiative got strong support from the Fans, Teams and Media around the Globe. The more fans we get to vote, the more Value will our Contest for the World’s Best Player have.Till Friday at 14:00 (2 P.M) all the Handball population will have opportunity to give their opinion. Don’t miss the chance: VOTECurrently, the Leader is the Danish Star, Mikkel Hansen with 27,92% of all votes. Hansen follow, Barcelona’s right back, Hungarian, Laszlo Nagy with 22,31% of votes….STANDINGS:Mikkel Hansen 27,92%Laszlo Nagy 22,31%Danijel Saric 17,71%Uwe Gensheimer 16,53%Hans Lindberg 11,34%Bertrand Gille 3,3%William Accambray 0,80%
Sort of a melancholy footnote to today’s otherwise happy launch of new webOS devices. All signs are pointing to the death of the Palm brand. The name has been in limbo ever since HP bought the ailing handset manufacturer, but this news really makes the whole thing officially official.HP stripped the Palm name from the launch of the Veer, Touchpad, and, most notable, Pre. The HP Pre 3? Doesn’t really roll of the tongue, does it?Anyway, just a quick post to note the effective end of the Palm name. It’s been an 18 year roller coaster, and part of us is sad to see the company go. From the looks of the new devices, however, it seems that Palm isn’t really going too far, after all. AdChoices广告
Most of us with ‘geek’ cred have probably setup at least one desktop computer for a friend or relative. As long as it was an out of the box machine, we also know we didn’t really have to be there except to make sure the cables got plugged into the right ports. And we also knew not to bother with trying to tell them the cables were color-coded, as we are of course the experts and needed to handle it first hand.These days, it’s not out of the question to recommend said relative an all-in-one PC. These machines combine the computer guts and monitor into one chassis, and most times that chassis is a rather stylish piece of kit. PC makers also go one step further and generally bundle a wireless keyboard and mouse, making computer setup a single step: plug in the power cord. That’s easy enough for even the most tech-phobic relative to handle.AdChoices广告If you’ve got one of said relatives bugging you for help with buying a new computer, pay close attention to our deal here today. Dell’s Vostro 330 is an all-in-one machine, built around a 23-inch 1080p monitor. A Core i3 dual core processors speeds things along, with 4GB RAM and a 500GB hard drive rounding things out. The other usual goodies like a DVD burner, wireless keyboard/mouse, and WiFi are all included. While this configuration of the Vostro 330 won’t win any world speed records, it will handle all the usual PC duties just fine.Most all-in-one desktops command a bit of a price premium over similar modular desktops, but Dell is taking a massive discount off the Vostro 330. For a limited time you can get a whopping $350 off through a web-use coupon on all models priced at $899 or greater. The nice thing about this is that you can also upgrade the 330 further if you’ve got it in your budget, or stick with the base config that is plenty powerful for most users.Visit LogicBuy for the Dell Vostro 330 all-in-one desktop
Now Playing Up Next Wrestling Legend Ric Flair to Make Feature Film Acting Debut Facebook Ric Flair threatens WWE with legal action over Becky Lynch’s “The Man” gimmick Ric Flair Opens Up About 2017 Health Scare Now Playing Up Next Pinterest Whats On Deck For March: Celtics, Bruins Stretch Runs “The Nature Boy” Ric Flair throws out the first pitch at yesterday’s Houston Astros game Wendy Barlow, the fiancé of Ric Flair, provided the following health update on the WWE Hall of Famer as he continues to recover after being hospitalized the last few weeks.Barlow described Flair’s recovery as witnessing a “miracle” in recent weeks.“I wanted to update everyone on Ric’s progress as so many people have been reaching out and offering their prayers and support. He is doing very well for a man who has been through so much! He will begin physical therapy shortly and will be stronger than ever and back out enjoying all the fans sooner than you would think. I can honestly say I have witnessed a miracle.”Recommended videosPowered by AnyClipRic Flair Opens Up About 2017 Health ScareVideo Player is loading.Play VideoPauseUnmuteDuration 0:52/Current Time 0:03Loaded: 100.00%0:03Remaining Time -0:49 FullscreenUp NextThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Replay the list Now Playing Up Next Ric Flair signs deal with Adidas, Says “We’re fixin’ to make Nike the second brand” Now Playing Up Next Now Playing Up Next Ric Flair 1 COMMENT August 31, 2017 at 1:35 am Ric Flair Rushed to Hospital After Medical Emergency Adam Martin RELATED ARTICLESMORE FROM AUTHOR Videos Articles Twitter TheCyberZon WWE Hall of Famer Ric Flair Hospitalized WhatsApp Google+ We’re all pulling for you Naitch. WWWOOOOOOO!!!!! Comments are closed.
Applauds Estate Tax Provisions in LegislationThe American Soybean Association (ASA) is celebrating the final passage of legislation that includes a retroactive extension of the biodiesel tax incentive and ASA-supported estate tax provisions. The House passed H.R. 4853 by a vote of 277-148. The bill will now be sent to President Barack Obama, who is expected to sign the legislation as early as this afternoon.”Retroactive extension of the biodiesel tax credit through Dec. 31, 2011, represents a significant legislative achievement on a key ASA priority,” said ASA President Alan Kemper, a soybean farmer from Lafayette, Ind. “Soybean farmers greatly appreciate the work of Congress and the Administration to get this legislation passed before the end of the year.”The biodiesel tax credit has been expired for 349 days, resulting in job losses and undermining the United States’ ability to increase production of domestic renewable biodiesel. Biodiesel production in 2010 decreased over 35 percent from the previous year. The biodiesel tax credit has a direct impact on jobs and is critical to supporting the biodiesel industry, a major market for U.S. soybean oil and a key factor in supporting domestic soybean prices in recent years.”It’s been a long process and ASA has worked tirelessly since the tax credit’s expiration to get it reinstated,” Kemper said. “ASA farmer-leaders have met with Members of Congress on numerous occasions, supported by ASA members, the National Biodiesel Board, and supporters who have responded to our Action Alerts by calling and emailing their representatives in an effort to get a retroactive extension of the biodiesel tax credit passed.”The one-dollar-per-gallon biodiesel tax incentive is structured in a manner that makes biodiesel more competitive with petroleum diesel fuel in the market place. Absent the tax incentive, biodiesel is more expensive than conventional diesel fuel.ASA and its state affiliates successfully championed the original biodiesel incentive that became law in 2004. In 2005, ASA also achieved its goal when the landmark Energy Bill extended the biodiesel tax incentive through 2008. And in 2010, ASA successfully worked for the inclusion of soy biodiesel in the Environmental Protection Agency’s Final Rule for the Renewable Fuel Standard, which requires the use of 800 million gallons of biodiesel in 2011.In addition to reinstating the tax incentive, the legislation includes provisions that will raise the exclusion level to $5 million per spouse and lower the tax rate on estates exceeding the exclusion to 35 percent. Passage of this legislation will strengthen the business climate for farm and ranch families and help to ensure that agricultural businesses can be passed to future generations.”ASA supports the estate tax provisions of this bill and thanks the House for not making changes to the legislation,” Kemper said. “Without those provisions, family farm operations would have been put at risk and succession to the next generation of farmers would have been threatened.”Without the new estate tax provisions, the exclusion amount would have gone to $1 million with a tax rate of 55 percent on Jan. 1. With farmland in many regions selling for $5,000 per acre or more, it takes only 200 acres of land to reach the exclusion value of $1 million, which was inadequate to account for the value of machinery, livestock, and buildings necessary to a capital-intensive farming operation.
Two bombs exploded in a busy market area in central Baghdad on Saturday, killing at least 18 people and wounding dozens, Iraqi police said.The blasts ripped through shops in the Al-Sinek area, a police colonel said, adding that at least 38 people were wounded.There was no immediate claim of responsibility for what was the deadliest attack to hit the capital since mid-October but the Islamic State jihadist group has claimed nearly all such bombings.Baghdad has been on high alert since the start on October 17 of an offensive, Iraq’s largest military operation in years, to retake the northern jihadist stronghold of Mosul.The area that was targeted on Saturday is packed with wholesale markets and usually teeming with daily labourers unloading vans and wheeling carts around.
Tom Brady isn’t only a 5-time Super Bowl champ, he’s also a proud – and frustrated – Michigan Wolverine.During his weekly softball interview with WEEI, Brady was asked how he was taking his alma mater’s 62-39 thumoing at the hands of Ohio State in ‘The Game.’ Brady wasn’t pleased and sounded off about the Wolverine’s inability to get a W against the Buckeyes.“Freaking Wolverines, they can’t win a big game.”Adding to his frustrations was the fact that he has to wear New England special teams specialist – and former Buckeye – Nate Ebner’s OSU jersey after losing another bet. It sounds like Tom – like the Michigan fanbase – is gettifng pretty sick of getting worked by “Ohio.”
The cold front that made landfall in the Cape has reached Ladysmith, bringing cloudy and freezing weather.The wind blew in cloud cover yesterday (August 16) afternoon. Currently, thick black and grey clouds are hanging ominously over the town and an icy breeze is blowing.Rain is predicted to fall today.Forecasters predict snow in the Drakensberg area, but not in Ladysmith.It is bitterly cold in Ladysmith today, with a high of 9 degrees predicted by the South African Weather Service.Also read: Icy weather expected for Ladysmith as cold front approaches, with snow predicted in some areasAlso read: Snow predicted to start falling from today, bringing cold weather to Ladysmith WebsiteWebsiteWebsite WebsiteWebsiteWebsite WebsiteWebsiteWebsite Also read previous snow stories: Avoid travelling in areas where snow may fallAlso read previous snow stories: Snow on the mountains brings in the coldEarly this morning, ball bearing size hail fell in Mooi River.The weather will warm up after the cold front passes the KZN area.For the moment, be prepared for a chilly and wet end to the week!Information sourced from the South African Weather Service at King Shaka International Airport – Forecaster Wiseman DlaminiClick to receive news links via WhatsApp. Or for the latest news, visit our webpage or follow us on Facebook and Twitter. Join us there!
Agents & Brokers Attorneys & Title Companies Compliance Consumer Financial Protection Bureau Credit Availability Investors Lenders & Servicers Mortgage Bankers Association Service Providers 2013-09-09 Tory Barringer Share September 9, 2013 455 Views Lending tightened a bit in August as the mortgage market began making adjustments in preparation of the Consumer Financial Protection Bureau’s (CFPB) qualified mortgage (QM) requirements set to go in effect January 2014.[IMAGE][COLUMN_BREAK]The “”Mortgage Bankers Association’s””:http://mbaa.org/ (MBA) Mortgage Credit Availability Index (MCAI) decreased 0.7 percent month-over-month in August to a reading of 111.5–the first drop following four straight months of gains. The index was benchmarked at 100 in March 2012.According to Mike Fratantoni, VP of research and economics for the association, August’s decline was driven by decreases in availability of loans that have interest-only features and of loans with terms exceeding 30 years–two features that don’t fit into the QM rule.””As these loan features are outside of the qualified mortgage (QM) definition, these changes may reflect the beginning of QM implementation, and the fact that Fannie Mae and Freddie Mac are limited to acquiring loans that meet the QM definition,”” Fratantoni said.At the same time, “”[s]hifting borrower eligibility requirements on jumbo loan programs led to offsetting increases and decreases to the MCAI,”” MBA noted. Credit Availability Falls as QM Date Draws Near in Origination
D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ Nevada officials reach out to D-backs on potential relocation Cardinals expect improving Murphy to contribute right away Top Stories What an MLB source said about the D-backs’ trade haul for Greinke For Arizona’s new quarterback, it’s still a challenge picking up the offensive system.“It’s a big challenge. If I said any different, I’d be lying,” said Kolb.Still, with limited time in the Cardinals system, Kolb had a successful debut completing 18 of 27 passes for 309 yards and two touchdowns.Kolb expects his performance to elevate along with the rest of his teammates the more work he gets in.“Every day and every game is beneficial, just keep trying to put the notches in my belt and keep learning and getting better,” said Kolb.Let’s hope so because the Cardinals take on a Washington team next week that looked impressive in their win over the Giants. PHOENIX – The Arizona Cardinals are riding high especially considering how miserable last season was, after their 28-21 opening week win over the Carolina Panthers.However, defeating a team like Carlina, the worst in the league last season, at home against a rookie quarterback is nothing to get too excited about.Cardinals quarterback Kevin Kolb wants to see his team clean up their level of play.“There was a lot of mistakes and there always is Week one especially when you’re a team like us that has 60 percent new players,” said Kolb on the Scott Van Pelt show on ESPN Monday. 0 Comments Share