Two Peas in a Pod

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Two Peas in a Pod Two Peas in a Pod Demand Propels Home Prices Upward 2 days ago Confirmation Hearing Joseph Otting 2017-07-27 Joey Pizzolato The U.S. Senate Committee on Banking, Housing, and Urban Development rolled out another confirmation hearing Thursday morning for two roles in the financial sector. Joseph Otting, former President and CEO of OneWest Bank—who’s tenure at the bank also coincided with Secretary of the Treasury Stephen Mnuchin—was nominated for Comptroller of the Currency; and the Honorable Randal Quarles was nominated to be a Member of the Board of Governors of the Federal Reserve System and Vice Chairman for the Supervision of the Board of Governors.As was expected, both men fielded inquiries regarding the roll back of Dodd-Frank Act rules and the overall loosening of financial regulations. Such topics have been popular amongst the Senate Committee as of late.Otting and Quarles received harsh questioning from Democrats, particularly from ranking member Sherrod Brown (D-Ohio), who didn’t hesitate to voice his concerns in his opening remarks.“Mr. Otting’s bank made money by kicking seniors out of their homes, and then turned around and said the government made them do it,” he said. “[And] many of [Mr. Quarles’] statements leading up to the crisis lead me to wonder whether he was asleep at the switch or willfully turning a blind eye to Wall Street abuses.”Both men defended their past positions just before the crisis. Otting referenced a “false narrative” surrounding the actions of OneWest, while Quarles spoke of hindsight and unnamed political obstacles that forced caution when determining whether or not to push for regulatory reform.And while Otting and Quarles’ answers to the committee’s questions remained relatively ambiguous, citing need for further information or desire to sit down with the members and explore issues further due to the complicated nature of the subject, the two members agreed on numerous topics when pressed.First, both men thought that the bankruptcy code should be reexamined to ensure that government-backed financial institutions weren’t bailed out by tax-payer dollars, as well as the fact that regulations should be simplified and more transparent with clearly defined rules. Quarles in particular voiced his opinion that the stress test should be relaxed and given to the banks prior to the exam. Neither of the nominees denied that regulations were necessary, however, only that they needed to be reexamined.“As recognized by the Treasury report, regulatory policies enacted since the financial crisis have improved the safety and soundness of the financial system,” Quarles said. “But as with any complex undertaking, after the first wave of reform, and with the benefit of experience and reflection, some refinements will definitely be in order.”The next step in the nomination process will be a vote, after the committee has been given time to ask the nominees additional questions. No vote has been scheduled as of Thursday afternoon. Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Previous: Previous Post Next: Freddie Mac: Bright Future Ahead Sign up for DS News Daily Joey Pizzolato is the Online Editor of DS News and MReport. He is a graduate of Spalding University, where he holds a holds an MFA in Writing as well as DePaul University, where he received a B.A. in English. His fiction and nonfiction have been published in a variety of print and online journals and magazines. To contact Pizzolato, email [email protected] Tagged with: Confirmation Hearing Joseph Ottingcenter_img About Author: Joey Pizzolato Servicers Navigate the Post-Pandemic World 2 days ago July 27, 2017 1,204 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Government, News  Print This Post The Best Markets For Residential Property Investors 2 days ago Subscribelast_img read more

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Premium Housing Hit by Inventory Shortages

first_img Premium Housing Hit by Inventory Shortages Governmental Measures Target Expanded Access to Affordable Housing 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Premium Housing Hit by Inventory Shortages Tagged with: House Prices Housing Inventory inventory shortages premium homes Trulia Previous: Q4 Real Estate Sentiment on the Rise Next: The Industry Pulse Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago House Prices Housing Inventory inventory shortages premium homes Trulia 2017-12-14 David Whartoncenter_img December 14, 2017 1,637 Views Subscribe The Best Markets For Residential Property Investors 2 days ago Related Articles About Author: David Wharton Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Journal, Market Studies, News Share Save The Best Markets For Residential Property Investors 2 days ago Housing inventory shortages have been one of the big stories in 2017, and it remains to be seen whether 2018 provides much relief. Now a new report by Trulia explores how the inventory crunch is hitting not just starter and mid-size homes, but the availability of premium homes as well.In a new blog post, Trulia reveals that the supply of premium homes is now falling faster than any period since Q2 2013. During the year between Q4 2016 and Q4 2017, home inventory as a whole decreased 10.5 percent, the biggest decline since Q2 2013. Premium homes alone, however, have seen a 5.9 percent drop in inventory.The metros feeling the premium home shortage the most include San Jose, California (down 41.7 percent); Salt Lake City, Utah (down 38.1 percent); and Rochester, New York (down 30.5 percent).Unsurprisingly, shortages are continuing to drive up home prices as well. According to Trulia, last quarter’s listings hit new records of unaffordability. For a starter home, a potential homebuyer would have to pay an average of 39.8 percent of their monthly income to afford a house. In trade-up homes, that percentage is 25.8 percent, and in premium homes, it’s 14.0 percent.Home inventory hit a post-Recession peak in Q3 2014. According to Trulia, both total and premium home inventory have slid to early-2013 rates of decline since then. “In 2012, homeowners were still reeling from the effects of the recession, with many selling their homes out of hardship,” Trulia says. “As the recession eased, inventory dried up in 2013, leading to the sharp year-over-year drop in that year. The drop we’re seeing now is approaching 2013 rates, but inventory levels are already lower than 2013 levels due to steady declines across the last three years.”In spite of these shortages, Trulia is cautiously optimistic about an inventory recovery in 2018. According to Trulia’s post, “In our end of the year survey, one in three Americans think 2018 will be a better year for selling a home than 2017, and that 16% plan to sell their home in the next two years. If these Americans put their home where their mouth is, we may finally see an uptick in inventory over the coming year.”last_img read more

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Factors Impacting Delinquent Loan Projections

first_img The Best Markets For Residential Property Investors 2 days ago Factors Impacting Delinquent Loan Projections default Delinquency loans mortgage MountainView Financial MSR Rates 2018-10-09 Radhika Ojha Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago October 9, 2018 2,267 Views Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: default Delinquency loans mortgage MountainView Financial MSR Rates Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Factors Impacting Delinquent Loan Projections Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Previous: What’s Driving Mortgage Servicing? Next: HSBC Looks Ahead After Resolving Legacy RMBS Matter Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Share Save About Author: Radhika Ojha Related Articles Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Foreclosure, News Are advances on a loan and the losses associated with them a part of the asset they’ve been taken against or are they separate entities? And while it is easy for mortgage servicers to think about revenue realization for more extreme delinquency levels, how can they account for those in the early levels of default? A recent webinar on mortgage servicing rights (MSR) performance for October by Mountainview Financial gave insights into these questions and how mortgage servicers can forecast their impact more accurately.Presented by Mark Garland, Managing Director, Business Analytics, Mike Riley, Managing Director, Analytics and Matt Maurer, Managing Director Business Development, the webinar also took a closer look at how the rising interest rate environment was impacting the performance of MSR assets.”Bonds have been selling off hard and very fast as rates are going higher,” said Riley. “We saw a largely parallel shift in rates for MSRs on a month over month basis in September and despite the rising rates, there was no really large movement in mortgage spreads or volatility.”Looking at prepayment activity, Riley said that there was almost no rate term refinancing activity across most of the outstanding loan population.Speaking about advances, losses and their relationship to mortgage servicing, Garland gave insights into whether advances should be counted as a part of the asset or as a separate entity in a financial statement. “At Mountainview, we believe that the cost of the advance is very much a part of the asset,” Garland said. Explaining the implications of fair values on advances, Garland said that often with ABS products, when rates fell the value would go up because the cost of advance would go down. “Some people see the cost of advances as a reduction in custodial flow. The premise is that even though they don’t necessarily get everything together, some of these funds are fungible and they’re ultimately sitting with custodial balances so really the advances theoretically are a reduction in float opportunity,” he said.In terms of revenue realization Garland said that while it was easy to think about the revenue realization model for extreme delinquency levels, many servicers found it difficult to forecast the model for early-stage delinquencies. “When the consumer doesn’t pay, the servicer doesn’t get paid and it’s very easy when we think of revenue realization when you go to the most extreme part of the default cycle like 90+ or 120+ delinquencies, but there’s not enough attention paid to the 30 and 60-day product,” he said, while recommending that servicers must understand patterns in what percentages are collected versus anticipated, especially on varying delinquency levels.Some of the other factors that made it difficult for servicers to forecast these models were issues where a lender paid mortgage insurance and partial payments or even events like hurricanes which can cause a good deal of disruption in the forecast.To view the full webinar click here.To see the slides from the webinar, click here. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Subscribelast_img read more

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Tiny Homes and Affordability Struggles

first_img Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Investment, Market Studies, News Tiny Homes and Affordability Struggles Tagged with: Affordability Investment tiny homes Washington Servicers Navigate the Post-Pandemic World 2 days ago Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Previous: The Pitfalls of Home Renovations Next: House Passes Disaster Relief Bill The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Tiny Homes and Affordability Struggles As “tiny homes” gain popularity among homebuyers and investors alike, several cities and states are looking for ways to use legislation to make these units more accessible as a way to increase affordability within their cities.In high-priced areas such as Seattle, tiny homes offer living spaces for many in otherwise unaffordable neighborhoods. In a study released last year on the most popular tiny home listings (homes under 600 square feet), Redfin found a 580 square-foot home in Seattle listed for $309,950. While not cheap, the house is still less than half of the Seattle median home price of $772,729 as of 2018.Currently, the state of Washington is looking to expand tiny home access through HB 1797, which Washington state senators Mia Gregerson and Andrew Barkis told the Seattle Times would “encourage cities and counties to adopt ordinances, development and zoning regulations that authorize creating accessory dwelling units within designed urban growth areas.”“These small homes also make clear the connection between housing and our environment,” added Gregerson and Barkis. “As we stare down the reality of a rapidly changing climate, we need to take advantage of existing infrastructure via infill housing to prevent further sprawl, and protect farms and forests. Backyard cottages do this by fitting seamlessly into existing neighborhoods.”Other cities are integrating tiny homes through mother-in-law units. In Salt Lake City, Modal Living, a company that designs and builds tiny houses is attempting to address the need for more affordable housing.”Rents are increasing and there is a huge need for more housing stock and more density within the cities,” Dustin Haggett, founding partner with Modal Living told Deseret News Utah. “We have a large amount of people who can’t afford to live in Salt Lake City and have to commute back and forth to work each day.”Other cities, such as Nashville, face zoning problems for those who want tiny homes put on their property for personal use or investment. News Channel 5 Nashville reports that properties with tiny houses must be zoned for duplexes or multifamily properties in Tennessee. June 3, 2019 2,640 Views Related Articlescenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Affordability Investment tiny homes Washington 2019-06-03 Seth Welborn Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer.  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

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How Real Estate Professionals’ Lives Are Changing

first_imgThe third-party researchers sponsored by State Title also noted that “COVID-19 is driving some positive changes in real estate company culture, with leaders putting a stronger emphasis on empathy, communication, diversity and inclusion, and customer care.” Related to that, they say: Also, despite the pandemic, Americans are still buying homes, building homes, and refinancing mortgages,” they concluded. “Real estate professionals see many causes for optimism about their industry’s present and future.” Specifically: in Daily Dose, Featured, Market Studies, News Demand Propels Home Prices Upward 2 days ago 21% said that COVID-19 has prompted their businesses to embrace innovation that was long overdue, 23% said the pandemic has caused a positive environmental impact, due to less paper and more digital processes, and 17% said their workforce is more resilient than ever before. More companies are even stepping up their efforts for diversity & inclusion (D&I): 40% are hiring for more diverse leadership positions, 38% have launched a D&I program, and 40% have donated money to nonprofit organizations with missions focused on diversity & inclusion. October 6, 2020 1,359 Views Finally, with respect to jobs, real estate professionals are committed to their careers.  A whopping 79% said despite the pandemic, they are committed to continuing their job/career in real estate. Home / Daily Dose / How Real Estate Professionals’ Lives Are Changing 40% of respondents said that their company leadership has been more empathetic than ever before; more companies are offering new remote learning opportunities (38%), telehealth benefits (21%), and pay raises (14%). Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post This study was conducted online from August 12-26, 2020. How Real Estate Professionals’ Lives Are Changing Demand Propels Home Prices Upward 2 days ago Many respondents said that their companies are working on new digital services (49%), dedicated customer support options (44%), and more contactless customer interactions (46%). eClosings remote States Title 2020-10-06 Christina Hughes Babb The Best Markets For Residential Property Investors 2 days ago 43% of respondents said that the pandemic has “somewhat” or “significantly” increased their stress levels. 33% said that loneliness due to lack of interaction with coworkers has impacted business success and productivity during the pandemic. Tagged with: eClosings remote States Titlecenter_img Looking ahead to 2021, 34% are most excited to see how WFH (work from home) can become even better; 24% are most excited about returning back to the physical office, and 22% are most excited to host and attend in-person real estate events. Share 1Save Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Servicers Navigate the Post-Pandemic World 2 days ago Real estate professionals say “safety concerns due to in-person contact during home buying process” is the No. 1 concern of buyers and sellers (28% of buyers versus 33% sellers). This is one key finding from a “digital disruption” survey of 256 respondents who work as lenders, real estate agents or title agents across the real estate industry conducted by Researchscape on behalf of States Title, a company that specializes in remote closings.“We are witnessing an unprecedented overnight shift in the structural foundation of the real estate market,” said States Title CEO Max Simkoff. “The real estate industry has gotten a long overdue wake-up call and has been forced to push the fast forward button on innovation. Ready or not, the time has come to adopt and embrace technological change. It’s the ultimate stress test for the entire industry.”During a pandemic, every in-person interaction brings an element of risk, said the survey’s conductors. Here are some other things they discovered about risk and real estate transactions:39% of respondents said someone in their company has tested positive for COVID-19,22% have been exposed to someone who has COVID-19, and 9% have tested positive for COVID-19 themselves.79% of real estate professionals said that “wearing a mask is a necessity” and they won’t do in-person business without one, 19% said that the choice depends on the business situation, while only 2% said that they never wear a mask.36% of real estate stakeholders felt like their personal safety has been compromised in order to conduct a real estate business transaction during the pandemic.The study uncovered some other interesting sociological and psychological items about housing industry professionals.”Real estate professionals tend to be sociable, outgoing people who like to build relationships in-person and COVID-19 has prompted them to change the way they communicate and do business,” the researchers wrote. They found: Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago 34% said their work relationships with other stakeholders have been strained during COVID-19 due to pandemic-related productivity issues, slow downs and process inefficiencies; however, 32% said that their work relationships have improved because “we are all in the same boat.” Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles The Best Markets For Residential Property Investors 2 days ago Previous: Mortgage Contracting Services Announces New Ownership Next: Housing Outlook Maybe Not as ‘Rosy’ as it Seems Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Christina Hughes Babb Subscribelast_img read more

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45 new social houses to be built in Strabane

first_img The allocation of 45 new social houses in Strabane has been described as nothing more than a ‘token gesture’.SDLP West Tyrone Westminster candidate Daniel McCrossan says while the announcement is encouraging, it falls well short of what is needed.Earlier this week he had called for 300 new builds in Strabane and 200 in Omagh.Mr Crossan is calling on the housing minister to come to West Tyrone to see the situation for himself:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/02/dmcc1pm-2.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. RELATED ARTICLESMORE FROM AUTHOR Help sought in search for missing 27 year old in Letterkenny WhatsApp Twitter Pinterest 45 new social houses to be built in Strabane NPHET ‘positive’ on easing restrictions – Donnelly WhatsApp Google+ Twitter 448 new cases of Covid 19 reported today center_img By News Highland – February 5, 2015 Facebook Three factors driving Donegal housing market – Robinson Facebook Previous articleGAA Programme catch up – listen back to Wednesday’s showNext articleDonegal teenager with rare blood disorder set to be provided with expensive treatment News Highland News, Sport and Obituaries on Wednesday May 26th Homepage BannerNews Pinterest Google+ Nine Til Noon Show – Listen back to Wednesday’s Programmelast_img read more

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Court of Criminal Appeal quashes Mary Kelly appeal

first_img Guidelines for reopening of hospitality sector published Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton By News Highland – February 25, 2011 RELATED ARTICLESMORE FROM AUTHOR Twitter Google+ Calls for maternity restrictions to be lifted at LUH The Court of Criminal Appeal in Dublin has quashed the appeal of Mary Kelly, who was convicted in 2004 of criminal damage to a US military aircraft at Shannon airport.However, tresspassing charges have been reserved against Ms Kelly, who previously lived in Burtonport . Almost 10,000 appointments cancelled in Saolta Hospital Group this week Twitter Google+center_img Pinterest WhatsApp Facebook WhatsApp Previous articleDonegal women waiting longer to give birth – CSONext articleFlybe introduce new service at City of Derry Airport News Highland Pinterest Facebook Newsx Adverts Court of Criminal Appeal quashes Mary Kelly appeal Need for issues with Mica redress scheme to be addressed raised in Seanad alsolast_img read more

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Dungloe Hospital rally taking place on Saturday

first_img Twitter Pinterest WhatsApp WhatsApp Almost 10,000 appointments cancelled in Saolta Hospital Group this week Facebook 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Twitter Minister McConalogue says he is working to improve fishing quota LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton The campaign to reinstate 10 closed beds at Dungloe District Hospital will be highlighted at a public march and rally in the town tomorrow.The march will start at the co-op at 12 noon, and walk through the town to the hospital.Local Councillor Marie Terese Gallagher says the rally will be a community celebration of the hospital rather than a political protest, but it is highlighting a deeply held belief in the Rosses and Gweedorethat all ten beds must be reopened…………[podcast]http://www.highlandradio.com/wp-content/uploads/2013/06/mtgallrally.mp3[/podcast] Google+center_img By News Highland – June 14, 2013 Facebook Previous articleBolt visit confirmed as Patsy Mc Gonagle receives the Freedom of DonegalNext articleGardai renew appeal for information one year on after death of Seamus Doherty in Letterkenny News Highland RELATED ARTICLESMORE FROM AUTHOR Dungloe Hospital rally taking place on Saturday Pinterest Need for issues with Mica redress scheme to be addressed raised in Seanad also News Google+ Dail hears questions over design, funding and operation of Mica redress schemelast_img read more

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“Economic situation is bringing out the best in people” – Neeley

first_img Pinterest Twitter HSE warns of ‘widespread cancellations’ of appointments next week Facebook Donegal County Manager Seamus Neeley says there is a spirit of cooperation in Donegal which gives him confidence for the future.Speaking after the County Development Board’s annual strategy day, Mr Neeley acknowledged that there is concern at the financial situation, and no-one is understating the extent of the challenge facing the county.However, he says, there is equally a visible determiniation to address the challenges………….[podcast]http://www.highlandradio.com/wp-content/uploads/2012/05/sneel830.mp3[/podcast] WhatsApp Google+ Twitter Facebook Dail hears questions over design, funding and operation of Mica redress scheme Newsx Adverts “Economic situation is bringing out the best in people” – Neeleycenter_img Pinterest By News Highland – May 24, 2012 WhatsApp Man arrested on suspicion of drugs and criminal property offences in Derry PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Previous articleCalls for more cooperation as dissident threat is discussed in DailNext articleShatter apologises for delay in briefing Gillespie family about Gallagher’s return to CMH News Highland Dail to vote later on extending emergency Covid powers RELATED ARTICLESMORE FROM AUTHOR Man arrested in Derry on suspicion of drugs and criminal property offences released Google+last_img read more

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Traders in Derry want Attwood to ‘come clean’ over planning applications

first_img WhatsApp Main Evening News, Sport and Obituaries Tuesday May 25th News Google+ Pinterest Facebook Man arrested on suspicion of drugs and criminal property offences in Derry Google+ 365 additional cases of Covid-19 in Republic RELATED ARTICLESMORE FROM AUTHOR PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Further drop in people receiving PUP in Donegal center_img Traders are angry after Environment Minister Alex Attwood further postponed an announcement of seven major planning applications in Derry, originally due at the end of June.The applications include several major retail developments and at least one hotel, with developers keen for a decision in time to be ready for City of Culture year 2013.The minister was to give his decision in early July, but this was delayed while he awaited the findings of a Retail Impact Study and a second provisional date was given for the end of July.As that date has come and gone, Mr Attwood has now revealed that he will come to Derry in three weeks, but only to outline the conclusions of the impact studies, not to make known his decisions on the applications.However, the city’s Independent Traders Forum chairman is convinced the minister has already decided and wants Alex Attwood to “come clean”.Martin McCrossan said that he did not accept that the minister has not yet decided which of these major applications he is going to approve. By News Highland – August 8, 2012 Previous articleDonegal Club Championship matches for next weekend postponedNext articleCouncil expects to raise €4 million this year from holiday home tax News Highland Facebook Pinterest WhatsApp Traders in Derry want Attwood to ‘come clean’ over planning applications Twitter Twitter 75 positive cases of Covid confirmed in Northlast_img read more

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