Foreigner with MERS in Philippines now free of the virus

first_imgPassengers seated near the foreigner on his flight were traced and none manifested any symptoms, Lee Suy added. They are among 112 contacts of the foreigner who have been traced and are being monitored daily by health authorities until they complete the 14-day period.Lee Suy said two laboratory tests conducted on the foreigner within 48 hours were negative for the virus, leading authorities to conclude that he “is free of the virus and would not be able to infect others as well.”Officials have not disclosed the nationality of the patient, who arrived in the Philippines on June 19 from Saudi Arabia but also stayed in Dubai. He left on a second trip before exhibiting any symptoms and returned to the Philippines, said the officials, who did not disclose where he went.The patient developed a fever and cough on June 30, sought medical care on July 2, tested positive for the MERS virus on July 4 and was transferred to the government’s Research Institute for Tropical Medicine, officials said.Julie Hall, country representative for the World Health Organization, praised the government’s “rapid, strong response” to the case.In February, a Filipino nurse tested positive for MERS after arriving home from Saudi Arabia. She was cleared of the virus the same month. Comments   Share   Sponsored Stories MERS has killed 36 people in South Korea, where 186 cases have been confirmed, according to the Health Ministry. It is the biggest outbreak outside the Middle East region, where the virus was first seen in 2012 in Saudi Arabia.Typical symptoms include fever, cough and shortness of breath, and sometimes pneumonia and diarrhea. About 36 percent of reported patients have died, according to WHO.Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. MANILA, Philippines (AP) — A 36-year-old foreigner who tested positive for MERS after arriving in the Philippines from the Middle East is now free of the virus and will leave the hospital this weekend, officials said Friday.Department of Health spokesman Lyndon Lee Suy said the foreigner’s close contact, a Filipino woman, is also well but will remain hospitalized until she completes a 14-day quarantine period on July 18. Mesa family survives lightning strike to home Ex-FBI agent details raid on Phoenix body donation facility 5 people who need to visit the Ultrastar Multi-tainment Center Check your body, save your life Top Stories Here’s how to repair and patch damaged drywall New Valley school lets students pick career-path academies 4 ways to protect your company from cyber breacheslast_img read more

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From covert Iran nuke program to final deal a timeline

first_img Natural spring cleaning tips and tricks for your home VIENNA (AP) — Tuesday’s nuclear agreement between world powers and Iran culminates more than a decade of diplomatic efforts to ensure that Tehran cannot develop nuclear weapons.A timeline of major events over that timespan:August 2002 — Western intelligence services and an Iranian opposition group reveal a covert nuclear site at the eastern city of Natanz. An inspection by the U.N.’s International Atomic Energy Agency reveals it was used to enrich uranium, a process for producing fuel or nuclear warheads. July 2008 — Under President George W. Bush, the United States joins the nuclear talks for the first time.September 2009 — Western leaders announce that Iran has dug a covert enrichment site into a mountain, escalating concerns because the facility may be impervious to air attack.October 2009 — Under President Barack Obama, a senior U.S. diplomat meets one-on-one with Iran’s top nuclear negotiator. The talks are some of the most extensive between Washington and Tehran in three decades.February 2010 — Iran announces it has started to enrich uranium to near 20 percent, a technical step away from weapons-grade material.May 2010 — Brazil and Turkey announce their own nuclear deal with Iran, to America’s great dismay. The arrangement quickly falls apart.January 2011 — Negotiations between Iran and the six world powers break off for what proves a 15-month hiatus. Iran refuses to make deep cuts in its nuclear program.November 2011 — The IAEA outlines the possible military dimension to Iran’s nuclear activities. Iran denies the allegations, saying they’re based on falsified Israeli and U.S. evidence.January 2012 — The IAEA says Iran is enriching to 20 percent at its mountain facility near Fordo. The European Union freezes the assets of Iran’s central bank and halts Iranian oil imports. Sponsored Stories June 2003 — Britain, France and Germany engage Iran in nuclear negotiations. Washington refuses to join.October 2003 — Iran suspends uranium enrichment.February 2006 — Iran announces it will restart uranium enrichment following the election of hardline president Mahmoud Ahmadinejad, a critical Iran report by the IAEA to the U.N. Security Council, and after Britain, France and Germany walk out of stalled negotiations.June 2006 — The United States, Russia and China join Britain, France and Germany to form the P5+1 group of nations trying to persuade Iran to curb its nuclear program. Washington initially stays away from the negotiating table.December 2006 — The U.N. Security Council imposes the first set of sanctions on Iran, banning the sale of sensitive nuclear technology. Five more Security Council resolutions are passed by 2010, tightening the sanctions vise on the Islamic Republic.November 2007 — The number of uranium-enriching centrifuges assembled by Iran reaches about 3,000 from just a few hundred in 2002. Its stockpile of low-enriched uranium also grows, giving Tehran a theoretical ability to make enough-weapons grade uranium for a bomb within a year. Comments   Share   April 2012 — Negotiations restart between Iran and the six world powers but go nowhere.July 2012 — U.S. and Iranian officials meet secretly in Oman to see if diplomatic progress is possible. Talks gain speed the following year, particularly when Ahmadinejad’s presidency ends.August 2013 — Hassan Rouhani defeats several hardline candidates to become Iran’s president, declaring his country ready for serious nuclear talks. By now, Iran has about 20,000 centrifuges and the U.S. estimates the country is only a few months away from nuclear weapons capability.September 2013 — Rouhani and Obama speak by telephone, the highest-level exchange between the two countries since Iran’s 1979 Islamic Revolution. U.S. Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javad Zarif begin their diplomatic exchanges.November 2013 — Iran and the six powers announce an interim agreement that temporarily curbs Tehran’s nuclear program and unfreezes some Iranian assets. The deal sets the stage for extended negotiations on a comprehensive nuclear accord.July 2014 — Talks miss the deadline for a final pact. A four-month extension is agreed. Ex-FBI agent details raid on Phoenix body donation facility New Valley school lets students pick career-path academies Clean energy: Why it matters for Arizona Here’s how to repair and patch damaged drywall Top Stories November 2014 — The final pact remains elusive. Talks are extended a further seven months.April 2015 — A framework deal is announced, outlining long-term restrictions on Iran’s nuclear program and the removal of many international sanctions. Much remains unresolved, however.July 14, 2015 — World powers and Iran announce long-term, comprehensive nuclear agreement.___AP’s Bradley Klapper contributed to this report.Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Mesa family survives lightning strike to home 4 sleep positions for men and what they meanlast_img read more

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South Australia boasts tourism recovery

first_imgSource = e-Travel Blackboard: G. A Encouraged by documented increases in international visitors, nights and spending in the last financial year, South Australia’s tourism industry has shown confirmed recovery.According to the latest International Visitor Survey, 363,600 international visitors travelled to South Australia in the year ending June 2010.Tourism Minister John Rau said the increase in numbers was testament to the success of the State Government’s tourism marketing campaigns which have been running overseas.“Our focus on attracting more visitors and growing visitor expenditure has provided us with a healthy mix of higher yield travellers and regional dispersal of visitor spending, moving us closer to our State Strategic Plan goal of $6.3 billion in visitor expenditure by 2014,” Mr Rau said.The state’s tourism body has been focusing on the eastern hemisphere markets, Mr Rau calling these the “real success story of the past year”. To increase their China presence, the body’s decision to open a South Australian Tourism Commission office in Shanghai earlier this year “was a decision that is paying dividends”.“In the 12 months ending June 2010, we welcomed 17,000 international visitors from mainland China, an increase of 110% compared with the previous 12 month period.“For South Australia, spending by holiday purpose visitors was up 12 per cent on the previous 12 month period, showing that South Australia continues to reap the benefits provided by holiday visitors to our State.”.last_img read more

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Brisbanes Emporium Hotel wins Best Boutique Hotel

first_imgThe Emporium in Brisbane’s Fortitude Valley has taken out the national trifecta – winning Best Boutique Hotel at the 2011 national HM Awards for three consecutive years. The HM Awards for Hotel & Accommodation Excellence recognises leading hotels in Australia, New Zealand and the South Pacific. With finalists including the Establishment Hotel in Sydney, The Cullen in Melbourne, and the Henry Jones Art Hotel in Hobart, General Manager, Peter Savoff said the win was one amongst tough competition. “In a world of international brands, a truly unique and boutique experience is an exceptional find. The team at Emporium Hotel live and breathe individuality and constantly strive to uphold the hotel’s brand promise of exquisite stays…” said Mr Savoff.“Intuitive service, intimate environment, first-class facilities and priceless experiences are what we are about, and I have our wonderful staff to thank for a significant win against the best operators in the country. From the team who thoughtfully turn the beds down at night, to the bar tenders mixing your drink just the way you like it, to the concierge recommending a hidden gem of a restaurant, it is because of them that we win this award.” This accolade makes the hotel one of the most awarded in the country since it opened its intricately designed doors in June 2007. The Emporium also received Highly Commended titles for Best Interior Design and Best Human Resources Associate.The Hotel has dominated industry and travel awards since opening, being named one of the world’s best new hotels in the International Conde Nast Travellers Hotlist and taking titles out at the Queensland Tourism Awards, the Queensland and Australian Hotels Association Awards, and Gourmet Traveller.Opened in 2007, Emporium Hotel is Brisbane’s first true luxury boutique hotel, introducing a new standard in exquisite design, opulence, service and approach. Now a proven and award winning property in Brisbane, Emporium Hotel has established itself as a leading luxury product recognised in both a national and international context. Source = Brisbane’s Emporium Hotellast_img read more

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Cambodias tourism eyes vast potential in China

first_imgSource = e-Travel Blackboard: N.J Cambodia’s tourism leaders say they have shifted their focus to China, a country that holds “vast potential” to build the local travel industry. Tourism Minister Thong Khon told media the country’s new 2020 targets were pinned on successful growth from the China region with expectations to build Chinese tourists from 500,000 in 2015 to up to one million over the next eight years, TR Weekly reported. Currently Cambodia’s third largest market after Vietnam and South Korea, Chinese tourists made up 39.2 percent of all international visitors into the country last year.Mr Khon said to build the figure the ministry will focus on encouraging more direct flights between the two regions.“We will also encourage owners of hotels, restaurants and tourism resorts to use three languages – Khmer, English and Chinese – in billboards, or promotional leaflets or brochures,” he told media. “We believe the target is within reach because the country is politically stable and there is plenty of tourism potential. Diplomatic ties between Cambodia and China are excellent, too.”The Tourism Minister added that the ministry would also continue to look towards airline and agencies to offer competitive prices to Chinese tourists and improve language efficiencies of tour guides and hospitality employees.last_img read more

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South America huge opportunity for Aus McEvoy

first_imgBeing the middle-man could pay off for Aus tourism. Image: Amazingperu.com Being the middle-man could pay off for Australian tourism. Sitting between South America and Asia could finally place Australia in a position to serve as a stopover destination to anywhere in the world apart from Antarctica, according to Tourism Australia managing director Andrew McEvoy.Seeing ‘huge’ potential in the market, Mr McEvoy explained South American travellers see Australia as a gateway into Asia, which could play a major role in Australia’s bid to attract more holiday-makers from the region. Speaking at the PATA Hub City Forum in Sydney, the tourism leader added Aerolineas Argentinas flights out of Sydney and Qantas’ services from Santiago are also contributing to ‘exponential’ growth from the market.“There’s new opportunity that’s yet untapped,” he said.Meanwhile, Tourism Australia’s marketing in Asia has already paid off, with Mr McEvoy noting growth from Indonesia and a potential for 20 percent per annum growth from India and China over the next five to eight years.“I also think the Philippines, Vietnam and other markets like Russia will be much more important for Australia,” he added.Gathering at the PATA Hub City Forum in Sydney this week, tourism leaders argued the need for a second Sydney Airport.Click here for more information. ……center_img Source = e-Travel Blackboard: N.Jlast_img read more

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UNSECO sites put Germany on the map

first_imgIn 2014, the German National Tourist Office (GNTO) will focus on attracting more cultural travellers, with marketing efforts focused around the country’s UNESCO sites.Boasting 38 UNESCO World Heritage Sites, with an additional two added this year, GNTO Australia director marketing and sales Susann Schwachenwalde said next year’s theme will help put Germany on the map.According to the tourist board’s director, currently the World Heritage Sites are the incentive for up to 31 percent of cultural tourists to Germany.“Our UNESCO sites bring visitors to Germany every year,” she explained.Germany’s UNESCO list covers a range of attractions including the Aachen Cathedral, Pilgrimage Church of Wies, The Wadden Sea and the Wartburg Castle.Meanwhile, 2014 is also set to be a big year in Germany, as the country celebrates 25 years since the unification.According to Ms Schwachenwalde, the country will host a range of celebrations to commemorate the 25 years since the Berlin Wall came down. Source = ETB News: N.J. Germany target cultural travellers.last_img read more

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More Australians crossing the Tasman for business events

first_imgConventions and Incentives New Zealand (CINZ) Australia Manager, Sharon Auld says Australia continues to be the strongest market for New Zealand, accounting for 65 per cent of international business event arrivals.Figures from Statistics New Zealand show a 20.9 per cent increase in Australian business event arrivals for the month of July 2015, with 3,792 delegates crossing the Tasman that month.For the year to July 2015, 38,944 Australian delegates had experienced New Zealand for a business event, up 10% on the previous year.“The value of Australian visitors is highlighted in the most recent Convention Delegate Survey from December 2014. They stay an average of 3.8 nights in the event region, plus another 1.1 nights elsewhere and spend NZ$374 per night,” Sharon Auld says.“We are seeing a lot of passion from our Australian clients for New Zealand destinations, products and activities and this has been demonstrated through business already secured and the feedback we received from CINZ MEETINGS this year.“Air connectivity remains a top priority when positioning New Zealand to our Tasman neighbours, and we are promoting excellent international and domestic air access.”Sharon Auld says new connections to Western Australia will bring even more opportunity to the market. Air New Zealand’s new daytime service from Perth to Auckland is set to operate from 11 December 2015 to 1 May 2016 on a 767-300 three times a week.This increases overall frequency on this route to 10 weekly, and complements the current daily 787-9 service.Air New Zealand will also continue to operate twice weekly seasonal Perth – Christchurch services from 11 December 2015 to 29 April 2016 on a 767-300, bringing West Australians directly in to the South Island.“New initiatives to encourage companies to hold their business events in New Zealand include promoting executive retreats for management teams, strategy meetings and high achievers’ incentives,” Sharon Auld says.Tourism New Zealand Business Events is also assisting as a key connector with Australian associations, linking decision-makers with experts and thought leaders in New Zealand.CINZ is planning a new familiarisation programme to allow more Australian decision-makers to experience New Zealand. Conventions and Incentives New ZealandSource = Conventions and Incentives New Zealandlast_img read more

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Korea Tourism conducts annual incentive roadshow for MICE travel

first_imgKorea Tourism Organisation (KTO) organised its annual incentive roadshow for MICE travel at the Trident Nariman Point hotel in Mumbai. Overall event was attended by more than 250 top MICE travel agents, event planners and corporate.The roadshow began with a half day travel mart where 10 Korean exhibitors showcased their new products and offerings for the Indian audience. Amongst the exhibitors were two regional tourism boards namely Busan Tourism Organisation (BTO) and Jeju Convention & Visitors Bureau (JCVB). The DMC’s who participated in the roadshow were U.S. Travel, Jane Tour & DMC, Kim’s Travel Service, Bosuk Tour, Hana Tour, JBT Korea and music performance group ‘LIN’.During the travel mart more than 100 travel agencies met all the suppliers and received new product information from the tourism boards. The platform gave a good opportunity to the agents to know more about Korea’s MICE offerings and they will be exploring the possibilities to send groups to Korea this season. The exhibitors were very pleased with the overall response they received from the Mumbai market.The evening function i.e. Korea Incentive Night 2015 started with the welcoming address by Byungsung Lee, Director of Korea Tourism Organisation in India and address by Harmandeep Singh Anand, General Secretary, General Secretary of travel Agents Association of India (TAAI). This was followed by a destination presentation on Korea as a MICE destination. Korea has been ranked the 3rd best MICE country in the world globally and this initiative is sure to make a positive impact on the growing numbers of Indians travelling to Korea. Last year more than 146,000 Indians visited Korea which was a 20%+ growth compared to 2013. KTO is aiming for similar growth in 2015.“Our MICE roadshow comes in the right time when all the event planners and companies are starting to plan their offsite events for the financial year. I am very pleased with the positive response we received especially with the presence of big corporate houses who are generally the final decision makers when it comes to incentive travel and events,” said Byungsun Lee.last_img read more

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Punjab to develop Fatehgarh Sahib as a tourist circuit

first_imgTourism Minister of Punjab, Navjot Singh Sidhu, has said that the holy land of Fatehgarh Sahib would be transformed into a well-developed tourist circuit in order to harness its full potential to make Punjab number one tourist as well as cultural destination around the globe.The State Government, Sidhu said, has already taken up the conservation work of tombs of Raffudin, Alfsani, Bibi Taj and Rauza Sharif Masjid. Additionally, the minister revealed that Aam Khas Bagh, Naughara, Sheesh Mahal, Mehtabi Bagh, Northern Pavilion and Bastion are also in the process of being restored to their past glory.He further informed that regarding the adaptive reuse of Aam Khas Bagh, e-tenders have been invited. Aside from the above projects, the Aam Khas Bagh would also be given a facelift under the Mughal Circuit as per the Swadesh Darshan scheme of the Union Tourism Ministry and not only this but Gurudwara Fatehgarh Sahib, Rauza Sharif and Mata Jageshwari Temple would also be developed as per the Spiritual Circuit Scheme of the Union Tourism Ministry, Sidhu added.last_img read more

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Berkery Noyes Upturn Just Starting for Mortgage Sector

first_img October 16, 2012 467 Views Berkery Noyes: Upturn Just Starting for Mortgage Sector in Data, Government, Origination, Secondary Market, Servicing, Technology The mortgage originations sector is just seeing the beginning of a recovery in volume and dollars, investment bank “”Berkery Noyes””:http://berkerynoyes.com/Default.aspx believes.[IMAGE]In a white paper from the firm, managing director John Guzzo wrote that rising home equity, lower excess vacant homes, and more flexible FHA refinance qualifications are all leading the originations sector to “”the beginning of an upward cycle in terms of both volume and dollars.””Guzzo also cited an increase in the number of mergers and acquisitions (M&A) tracked by Berkery Noyes. Within the banking segment, M&A volume has increased 50 percent on a quarterly basis. The increase “”suggests acquirers and investors are beginning to see a more long-term recovery in the housing and mortgage originations markets,”” Guzzo wrote.Guzzo specifically pointed to Ocwen’s recent acquisition of Homeward Residential Holdings, a sign that Ocwen is looking to expand its origination business while driving more business to its servicing divisions.M&A activity is also being influenced by changing regulatory framework that pushes mortgage companies to seek technology firms, Guzzo noted.[COLUMN_BREAK]With the Consumer Financial Protection Bureau (CFPB) authorized to more stringently enforce the Truth in Lending Act, lenders are facing more minimum standards before issuing residential mortgage loans, including those that are deemed to be high cost. They are also tasked with making a “”reasonable and good faith determination”” that the borrower has the ability to repay the loan prior to issuance. With these requirements, originators are expected to seek more integrated end-to-end offerings from technology vendors in the mortgage sector in order to help ensure compliance.””Companies that serve the origination sector are well-positioned to benefit from the rebounding real estate market. Likewise, there has been ongoing organic innovation and acquisitions by loan origination software (LOS) businesses, in order to provide a more bundled solution ├â┬ó├óÔÇÜ┬¼├é┬ª At the same time, mortgage originators are looking for tools to shorten processing times, better manage sales leads, and bolster customer retention rates when dealing with repeat homeowners,”” Guzzo wrote.Stephen Margrett, founder and owner of mortgage technology company “”The Turning Point””:http://www.turningpoint.com/index.html, agreed.””Driven by increased competition for loan originations and the demands of stringent regulation, we are witnessing an accelerating focus on mortgage marketing at the corporate level,”” Margrett said. “”One consequence is that conventional CRM (customer relationship management) products have been rendered inadequate.””Those older products are being replaced by automated marketing solutions that create a controlled environment for all players in the marketing process to collaborate, he added.With home prices and consumer confidence both showing improvement, Berkery Noyes also expects to see growth in the secondary market, including the vendors that serve it.center_img Agents & Brokers Attorneys & Title Companies Compliance Confidence Consumer Financial Protection Bureau Dodd-Frank Home Prices Investors Lenders & Servicers Regulation Service Providers 2012-10-16 Tory Barringer Sharelast_img read more

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Builder Confidence Holds Steady in November

first_img in Data Builder confidence remained flat in the “”National Association of Home Builders'””:http://www.nahb.org/default.aspx (NAHB) November report, with a slight majority of builders saying market conditions are promising.[IMAGE]The NAHB/Wells Fargo Housing Market Index (HMI) came out to 54 this month, unchanged from October’s downwardly revised reading. An index value above 50 indicates that more builders view conditions as good than poor; November marks the sixth straight month in which confidence has hovered above the neutral mark.””Policy and economic uncertainty is undermining consumer confidence,”” said NAHB chief economist David Crowe. “”The fact that builder confidence remains above 50 is an encouraging sign, considering the unresolved debt and federal budget issues cause builders and consumers to remain on the sideline.””The index component measuring current sales conditions held steady in November at 58, with expected sales six months from now falling one point to an index value of 60. The component gauging buyer traffic also slipped one point, falling to 42.””Given the current interest rate and pricing environment, consumers continue to show interest in purchasing new homes, but are holding back because Congress keeps pushing critical decisions on budget, tax and government spending issues down the road,”” said NAHB chairman Rick Judson. “”Meanwhile, builders continue to face challenges related to rising construction costs and low appraisals.””Two of the four Census regions reported improvements in their respective indices: the South, where confidence rose to an index value of 55, and the Northeast, which saw a 14-point turnaround to a value of 44, matching September’s reading.Meanwhile, the Midwest and West recorded decreases. The Midwest’s index fell eight points to 54, while the West’s index dropped a single point to 58. Share November 18, 2013 438 Views center_img Agents & Brokers Attorneys & Title Companies Confidence Homebuilders Investors Lenders & Servicers National Association of Home Builders Service Providers Wells Fargo 2013-11-18 Tory Barringer Builder Confidence Holds Steady in Novemberlast_img read more

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Ginnie Mae on Track to Surpass Freddie

first_img Fannie Mae Freddie Mac Ginnie Mae Mortgage-Backed Securities Urban Institute 2014-07-03 Scott_Morgan Things are going well for Ginnie Mae. On Wednesday, the Urban Institute (UI) issued a report finding that, based on the latest numbers, Ginnie’s book of business is now at $1.5 trillion—a rate of growth that has tripled over the last seven years.What this means is that at its current rate of growth, Ginnie Mae will soon surpass Freddie Mac as the silver medalist in the single-family mortgage securitization platform game, behind Fannie Mae.Not being a GSE (Ginnie deals only in government-backed loans) has, according to UI, been a key factor in stabilizing the post-recession market. In the recession’s wake, the share of loans insured by the government increased rapidly. Accordingly, Ginnie’s single-family securitization sector (its largest) grew at a much faster pace than the GSEs.If Ginnie keeps growing at its current pace, it will overtake Freddie Mac within a year as the second largest single-family securitization platform, the report stated.UI’s cheerleading of Ginnie’s growth goes beyond the raw numbers. Today’s private label securitization market, after all, is a shadow of its former self. Bank portfolio holdings are a smaller share of total originations than even before the recession, UI reported. Into the void stepped the federal government to pick up most of the difference through explicit government insurance and guarantees through FHA, VA, and the Rural Housing Service. FHA has been the main source of mortgage loans for borrowers with shaky credit, and the number of those with credit issues soared as the recession lingered.Without Ginnie and its full-faith and credit guarantee, UI reported, “the government insurance programs could not have played such a critical counter-cyclical role and the downturn in home prices would have been much more severe.” UI credits Ginnie with luring investors, foreign and domestic, to take the chance of buying properties when times were at their worst.”Ginnie Mae may be the GSEs’ less famous cousin,” the report concluded, “but its tremendous value cannot be disputed.”The sentiments are not mere PR and not at all new. Back in 2009, when the recession was burrowing deeper, the Wall Street Journal predicted that FHA and Ginnie would overtake the GSEs. The Journal’s growth predictions, it turned out, were incredibly accurate as well. As for when Ginnie will surpass Fannie, no one is yet sure. But it no longer seems out of the question to think it will happen before too long. in Daily Dose, Featured, Government, Headlines, News, Secondary Market July 3, 2014 465 Views center_img Share Ginnie Mae on Track to Surpass Freddielast_img read more

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DIMONT Launches New Technology to Assist Servicers

first_img Borrowers DIMONT HOUSING Indisoft mortgage Servicers technology 2017-10-20 Nicole Casperson DIMONT, a provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries, has announced the launch of its online loss drafts portal with technology developed by IndiSoft, a solutions development firm specializing in the financial industry. The purpose of this new web portal is to assist servicers in managing the borrower-field claims process, while enabling all parties—including borrowers, servicers, and DIMONT claims personnel—to upload claims-related documentation and to share case status information electronically. It also allows the servicer to use its call center to maintain direct borrower contact, according to DIMONT.“We are pleased to offer collateral protection assurance, coupled with hands-on management of the claims process and outstanding customer service through the loss draft portal,” said President and CEO of DIMONT, Denis Brosnan. “Lenders and their customers don’t have to struggle with the insurance claims process, as our solution allows them to tap into DIMONT’s 20-plus years’ experience in claims adjusting nationwide.”Utilizing this new technology will provide servicers the opportunity to focus on customer relationships— rather than the complicated claims process.“IndiSoft is excited to have provided DIMONT the technology for its loss/draft service to residential mortgage servicers and their customers affected by the recent natural disasters,” said President of IndiSoft, Cam Melchiorre, III. “The consumer-facing loss-draft portal will expedite the insurance claim process while supporting servicers’ efforts to manage the complex interaction among insurers, homeowners, adjustors, contractors, and the servicer in a transparent and efficient way.”According to DIMONT, the portal is completely customizable, allowing servicers to design process flow and borrower interaction based on servicer requirements. Borrowers are provided a guided experience throughout the portal, increasing satisfaction and eliminating confusion. October 20, 2017 638 Views in Featured, Headlines, Newscenter_img Share DIMONT Launches New Technology to Assist Servicerslast_img read more

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The Week Ahead Gauging Builder Confidence

first_img April 15, 2018 539 Views The Week Ahead: Gauging Builder Confidence The National Association of Home Builders (NAHB) will release data of its housing market index on Monday, April 16 at 10 a.m. EST. The housing market index is based on a monthly survey of NAHB members who rate the general economy and housing conditions. The data on this index includes sentiments on present sales of new homes, sales of new homes expected over the next six months, and traffic of prospective homebuyers.In March, the builder confidence for newly-built single-family homes edged down one point to 70 from a downwardly revised February reading but remained in a strong territory. The HMI component gauging current sales conditions held steady at 77, the chart measuring sales expectations in the next six months dropped two points to 78, and the index gauging buyer traffic fell three points to 51.Here’s what else is in store for The Week Ahead:Bank of America Q1 Results, Monday, 8 a.m. ESTCensus Bureau Housing Starts, Tuesday, 8.30 a.m ESTFed Vice Chairman for Supervision Randal Quarles’ Testimony, Tuesday, 10 a.m. ET.MBA Mortgage Apps Wednesday, 7 a.m. ESTFed Beige Book, Wednesday, 2 p.m. ESTPhiladelphia Fed Business Outlook Survey, Thursday, 8:30 a.m. ESTTransUnion Q1 Results, Friday, 8:30 a.m. EST Bank of America builders Home HOUSING Housing Market Index Housing Starts National Association of Home Builders Results Single-Family Homes 2018-04-15 Radhika Ojhacenter_img in Daily Dose, Featured, News Sharelast_img read more

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How Far Can a Dollar Go When Buying a Home

first_img The median home value is at its highest level ever, at nearly $220,000, with some of the biggest markets reporting double-digit annual home value growth. In order to better understanding how much value a homebuyer can get, though, can be difficult. Zillow Research aims to help buyers understand just how far their dollar can go with a map which shows how much a dollar can buy in each market.On the national level, one dollar can buy 1.07 square inches of the average home, compared to 1.23 square inches a year ago, and 2.09 square inches in 1998. In San Jose, however, where home prices are 84 percent higher than they were 20 years ago, a dollar will get you just 0.20 square inches. Ten years ago, one dollar could buy you 0.37 square inches, and in 1998, it could buy close to a full square inch.San Jose is still not the most expensive market for your buck. A dollar will only get you 0.14 square inches in San Francisco, compared to just under a full square inch 20 years ago.A homebuyer’s dollar goes the furthest in Memphis, where it will get you 2.5 square inches of a the average home. In 1998, that dollar would get a homebuyer 3.13 square inches.“A dollar today isn’t what it used to be, particularly when it comes to real estate in light of the rapid pace of home-value appreciation that the American economy has witnessed over the past half-decade,” said Zillow Senior Economist Aaron Terrazas. “A dollar gets you about 20 times more space in an affordable market like Memphis than in a pricey place like San Francisco. Figuring out exactly how much space a dollar does – or doesn’t – buy you can be sobering, but enlightening. The space we live in is a tangible thing, with real value, and this shows how true that is.”Find the complete research report here. September 3, 2018 776 Views Home Prices rates Square Foot Study 2018-09-03 Seth Welborn in Daily Dose, Data, News, Originationcenter_img How Far Can a Dollar Go When Buying a Home? Sharelast_img read more

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Millennials Influence on the Housing Market

first_img 21 days ago 544 Views in Daily Dose, Featured, News, Origination A change in philosophy of amenities, home sizes, and prices are just a few of the ways the Jacksonville Daily Record says millennials are changing the housing industry. “We are seeing the size of new homes trend down,” said David Cobb, Regional Director with Metrostudy, which provides research, expertise, and analysis to support strategic business decisions at the local, regional and national market level of the residential construction real estate and housing market.According to the report, Cobb presented information to the Northeast Florida Builders Association, and said that most homebuyers by 2030 will be millennials or younger. Millennials (23-38 years of age) will be 34-49 years-old by 2030. The largest age group in 2030 will be 39-years old, and the youngest baby boomer will be 66-years old. The report, with information from Metrostudy and Neustar, revealed that 51.9% of new home sales in Jacksonville, Florida, were by millennials. Cobb added that the average home size is 2,600-square-feet, which is almost double than the average home in 1973. Young buyers, however, are searching for something different, including energy efficient features, smart technology, and patios. He said Salt Lake City, Utah, which has millennials responsible for 70% of home sales, is an example of this new trend. A study by the National Association of Realtors (NAR) in May found that Madison, Wisconsin, had the highest percentage of millennial as a share of its population in 2017. The report stated that millennial made up 32% of Madison’s population in 2017, and the share of millennial moving to the area, when compared to non-millennial, was 75%.Salt Lake City had the second-most millennials at 31%, with Seattle, Oklahoma City, Denver, and Durham, North Carolina, all reported a millennial population share of 29%. Other cities highly attractive to millennials were El Paso, Texas (27%); Omaha, Nebraska (28%); Bakersfield, California (28%); and Grand Rapids, Michigan (27%).“An overwhelming majority of younger and older millennial homebuyers responded that their strong desire to own a home was the primary reason that they purchased their home,” NAR Chief Economist Lawrence Yun said. “As long as supply keeps up to meet demand, and prevents costs from rising too high and too rapidly, these identified metro areas are likely to see an uptick in purchases from millennial homebuyers—including Oklahoma City.” Sharecenter_img Millennials’ Influence on the Housing Market 2019 Housing Market Millennial 2019-07-12 Mike Albaneselast_img read more

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qantas

first_imgqantas The new Qantas inflight safety video features some of Australia’s most stunning landscapes and locations.Updated from the 2016 version, the 2017 production features everyday Australians in unique destinations across every state and territory, ranging from the Victorian ski fields to sand surfing at Queensland’s Moreton Island.It also features several cameo appearances, including a Bangarra dance performance overlooking Botany Bay, the crew from ‘Wild Oats XI’ showing Sydney Harbour in all its glory, and designer Daniel Avakian on a Melbourne fashion runway.Qantas will be using content from the video to promote the destinations it showcases for Australia’s key tourism markets.Qantas worked with Tourism Australia and state tourism organisations to make the film across a 12-day period.The new 3-minute video will begin screening across Qantas domestic and international flights from 1 February, with versions to accommodate eleven different languages, as well as the varying aircraft types across the Qantas Group fleet.last_img read more

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Until 18 September 2018 Qatar Airways if offering

first_imgUntil 18 September 2018 Qatar Airways if offering special airfares and triple Qmiles for Privilege Club members to a number of cities around the world.Travel ex Perth* to Paris return from $1,095*, Rome return from $1,135*, and Barcelona return from $1,145*. Privilege Club members can earn up to triple Qmiles when they book online at qatarairways.com and register for the offer at qmiles.com. One of the world’s fastest-growing airlines, Qatar Airways has a modern fleet of more than 200 aircraft flying to business and leisure destinations across six continents. Now in its 20th year, the multi-award-winning airline recently announced it was to launch a host of 16 exciting new destinations as part of its global route network in 2018-2019, including Gothenburg, Sweden; Tallinn, Estonia; Valletta, Malta; Langkawi, Malaysia; Da Nang, Vietnam, and the Gulf region’s first direct service to Luxembourg. The national carrier of the State of Qatar recently received four prestigious awards at this year’s 2018 World Airline Awards, managed by international air transport rating organisation, Skytrax, after being awarded titles for ‘World’s Best Business Class’, ‘Best Business Class Seat,’ ‘Best Airline in the Middle East,’ and ‘World’s Best First Class Airline Lounge.’To book your next getaway with Qatar Airways, please visit qatarairways.com or your preferred travel agency to learn more about current destinations and promotions. * Fares quoted are for departures from Perth only, in AUD, in Economy Class. Sale ends 18 September 2018. Fares shown are for low season departures from 01 October – 30 November 2018, 21 January – 31 March 2019, or 01 May – 31 May 2019. Other sale fares are available on other travel dates or from Sydney, Melbourne, Canberra, and Adelaide. For all other terms and conditions please review at time of booking. airlinesQatar Airwaysspecialslast_img read more

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australiaBaillie LodgeshotelsQueenslandresortsSilk

first_imgaustraliaBaillie LodgeshotelsQueenslandresortsSilky Oaks Lodge Baillie Lodges has announced a four-month closure, from 22 April 2020, for Tropical North Queensland’s Silky Oaks Lodge for a significant refurbishment. Baillie Lodges assumed ownership of the property in April this year, following a joint venture agreement with US-based KSL Capital Partners.Expected to run to more than $10 million, the new-look lodge set to launch on September 7, 2020. Newly inclusive rates, premium suites and a more stylish experience of the World Heritage-listed Daintree are all slated, with Port Douglas-based architect Gary Hunt engaged for the design and Amanda Pike of Pike Withers for the interiors. Envisioned is a more contemporary feel for the lodge, while playing to the property’s original rainforest influences. Local builders and tradespeople will be sought for the refurbishment, while indigenous artworks and custom furnishings by North Queensland designers will evoke a real sense of the tropical north. On reopening in September, a schedule of new rates will reflect enhanced inclusions at the property: gourmet breakfast, evening sunset drinks and a four-course daily changing dinner menu with premium wines to match.last_img read more

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