first_imgJapaul Gold & Ventures PLC (JAPAUL.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2004 annual report.For more information about Japaul Gold & Ventures PLC (JAPAUL.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Japaul Gold & Ventures PLC (JAPAUL.ng) company page on AfricanFinancials.Document: Japaul Gold & Ventures PLC (JAPAUL.ng)  2004 annual report.Company ProfileJapaul Gold & Ventures PLC, formerly known as Japaul Oil & Maritime Services Plc is a mining and technology development business listed on the Nigerian Stock Exchange. The Company’s services include mining, dredging, offshore/vessel chartering and technology. Its mining service is engaged in solid mineral mining with interest in minerals, such as gold, tin, copper, lithium, lead, zinc and hard rock. The Company’s dredging business offers complete dredging solutions, such as reclamation, shore protection, stockpiling, breakwater construction, sweeping of access sites and slots and river crossing. The Company’s vessel chartering offers fleet of vessels, such as offshore support vessels (OSVs), anchor handling tug supply vessels (AHTS) and diving support vessels. It provides its services to the offshore oil and gas, and shipping industries. The Company’s technology services provide technology and enterprise solution services to support governmental, services and manufacturing industries.last_img read more

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first_imgComputer Warehouse Group Plc (CWG.ng) listed on the Nigerian Stock Exchange under the Technology sector has released it’s 2015 interim results for the third quarter.For more information about Computer Warehouse Group Plc (CWG.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Computer Warehouse Group Plc (CWG.ng) company page on AfricanFinancials.Document: Computer Warehouse Group Plc (CWG.ng)  2015 interim results for the third quarter.Company ProfileComputer Warehouse Group Plc is an information and communication technology company in Nigeria offering integrated ICT solutions to commercial enterprises in sub-Saharan Africa. The company operates through three divisions: CWL Systems, DCC Networks and Expert Edge Software. Cloud Services include OpenMall, a platform that aggregates all the stores hosted on an e-commerce platform; and SMERP, an Enterprise Resource Planning platform built to enable small and medium enterprises to manage their business operations efficiently. Software services includes software development and deployment, systems integration, software implementation, software support services and software enhancement and customization. Managed services simplify the management of a customer’s computing environment and optimises operations, reduces IT pressure and helps control costs while improving service levels. IT Infrastructure services is the flagship division of Computer Warehouse Group Plc, providing infrastructure and expertise in the supply, installation, integration and support of IT hardware for middleware systems, ATMs and servers and storage platforms. CWG Training offers training support for hardware and software installations. Computer Warehouse Group Plc has partnered with global IT companies the likes of Oracle, Infosys, Wincor, IBM and VMWare. The company’s head office is in Lagos, Nigeria. Computer Warehouse Group Plc is listed on the Nigerian Stock Exchangelast_img read more

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first_imgCentum Investment Company Limited (CENT.ug) listed on the Uganda Securities Exchange under the Investment sector has released it’s 2019 annual report.For more information about Centum Investment Company Limited (CENT.ug) reports, abridged reports, interim earnings results and earnings presentations, visit the Centum Investment Company Limited (CENT.ug) company page on AfricanFinancials.Document: Centum Investment Company Limited (CENT.ug)  2019 annual report.Company ProfileCentum Investment Company Limited is a Kenyan-based private equity firm specialising in providing investment opportunities for public and private companies in Uganda. This includes managing investment growth, development capital and buyouts. The private equity firm invests in companies which serve the needs of the domestic markets in sub-Saharan Africa and invests in both listed and non-listed companies in various sectors, including; banking, insurance, education, healthcare, energy, agriculture, industrial production, telecommunications, real estate, beverage manufacturing, automotive assembly, in-flight catering and dry-cell manufacturing. Investments in commercial services include Mumias Sugar Company Limited, Kenya Airways and Carbacid Investment Company. Centum Investment Company was founded in 1967 and is based in Nairobi, Kenya. Centum Investment Company Limited is listed on the Uganda Securities Exchangelast_img read more

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first_imgDon’t waste the stock market crash! I’d buy FTSE 100 shares today and hold them for 10 years Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. Peter Stephens has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997”center_img Image source: Getty Images. Buying FTSE 100 shares in the midst of a stock market crash can lead to significant short-term paper losses. The index’s performance is, after all, highly dependent on daily news flow. And, as it’s impossible to predict how the coronavirus pandemic will progress, things could get worse before they improve.However, the current valuations on offer across the FTSE 100 suggest now could be an opportune time to purchase high-quality businesses. In many cases, they trade at substantial discounts to their intrinsic values. Since the FTSE 100 has a successful track record of recovery, its performance over the next decade could be highly impressive.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Value opportunitiesThe FTSE 100’s recent decline means the index is trading at a similar level to where it was over two decades ago. Although investor sentiment was very strong back then, and is very weak today, now could prove to be a highly attractive buying opportunity for long-term investors.The index has a track record of experiencing booms and busts. Neither have thus far lasted in perpetuity. While the coronavirus pandemic is unprecedented, the FTSE 100’s past performance suggests the index will fully rebound from its recent crash. Therefore, buying shares today and holding them for the next decade, could yield high returns for investors.Value mindsetPerhaps one of the most difficult aspects of buying shares today is the short-term risks facing investors. The FTSE 100 has fallen by as much as 35% since the start of the year. But it could experience further declines if news regarding coronavirus worsens. This may cause investors to experience paper losses on their portfolios. They could be sizeable over a short period.As such, it could be worth focusing on high-quality businesses with strong balance sheets and wide economic moats. Although their share prices may fall in the short run, they’re more likely to survive the current economic downturn than some of their peers.This could provide investors with greater confidence and optimism in their recovery potential. And it may make the process of buying undervalued shares today somewhat easier.Furthermore, most investors aim to buy shares while they’re low and sell them when they’re trading at much higher prices. Generally, there must be negative news and heightened risks facing the world economy for share prices to offer good value for money. The news flow may be highly negative at present. But it presents the chance for investors to buy shares when they offer wide margins of safety.Long-term focusAdopting a long-term focus regarding your portfolio could be crucial. The FTSE 100 could move lower in the near term, but its track record suggests a bull market is highly likely to follow the current bear market.As such, now could be the right time to buy high-quality companies while they offer good value and hold them over the next 10 years. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Enter Your Email Address Peter Stephens | Friday, 3rd April, 2020 See all posts by Peter Stephenslast_img read more

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first_imgShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/479402/frogs-hollow-williamson-chong-architects Clipboard Canada CopyHouses•Grey Highlands, Canada Frogs Hollow / Williamson Chong ArchitectsSave this projectSaveFrogs Hollow / Williamson Chong Architects Architects: Williamson Chong Architects Area Area of this architecture project ArchDaily Save this picture!© Bob Gundu+ 15 Share “COPY” Year:  Area:  2000 m² Area:  2000 m² Year Completion year of this architecture project photographs:  Bob GunduPhotographs:  Bob GunduText description provided by the architects. The House in Frogs Hollow, a 2000sf country retreat, is located on a long slope of the Niagara Escarpment overlooking Georgian Bay. The property is a collection of eroded clay hills and protected watershed zones blanketed with a dense field of hawthorn and native grasses.  It is not picturesque, but tough and impenetrable. The clients, who gather at the property throughout the year, are avid cyclists who spent months on the 100 acre property prior to construction cutting in discreet mountain biking trails and learning the paths of the horses and snowmobiles as they emerge from the community over the seasons.  Because of their connection to the landscape, a primary site strategy was to resist the inclination to build on top of the hills where one could survey the property in its entirety and instead carve out a building area at the base of the hillside.  The house is not the final destination, but a stopping place within their network of activity. Save this picture!© Bob GunduRecommended ProductsCeramicsGrespaniaWall Tiles – Wabi SabiEnclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEAFiber Cements / CementsSwisspearlSwisspearl Largo Fiber Cement PanelsMetallicsKriskadecorMetal Fabric – Outdoor CladdingCarved into the landscape, the muscular tectonic of the long concrete wall figuratively clears the site for building while bridging the natural and tempered environments. The concrete has a toughness that mirrors the landscape, providing protection from the prevailing winter winds.  During the summer months the wall provides patio shade, creating pools of cooler air that are passively drawn through the house. Entry is at the west end of the concrete wall and into a service bar containing the stair, kitchen, office, bike workshop, storage room, and mechanical room.  This functional zone serves as a backdrop to the glassed in living area that opens on three sides to an extended view of the rolling landscape. Save this picture!© Bob GunduThe second level hovers above the concrete wall and living space.  It contains the bedrooms, bathrooms, and family room in a tight wrapper of customized shiplap siding.  Designed as an undulating rhythm of varying widths, thin boards are CNC milled to a shallow depth while wider boards are milled with deep striations, casting long shadows that track the sun as it moves around the house. The siding is stained with a linseed oil based iron oxide pigment that requires reapplication only once every 15 years.  The first and second floors are connected by a figured stair enclosure.  This digitally fabricated element is designed to filter light from the clerestory volume above.  At the ground floor it carves into the area below its upper run to gather more space at the entry and allow for a seating area. Save this picture!© Bob GunduThe house’s connection to the land is reinforced not only in its architectural form, but also in its environmental footprint.  The house is heated with radiant floor loops that supplement the passive winter heat gain from south facing windows.  In addition, there is no mechanical cooling.  Instead, the stair tower and operable windows facilitate passive ventilation that draws cool air through the house from shaded exterior areas.  Natural materials and pigments were used throughout and a small square footage was maintained to further reduce construction costs and keep future energy consumption to a minimum.Save this picture!Floor PlanProject gallerySee allShow lessLake House / Andersson Wise ArchitectsSelected ProjectsBlock 21 / Andersson Wise ArchitectsSelected Projects Share Houses Year:  2009 CopyAbout this officeWilliamson Chong ArchitectsOfficeFollowProductsWoodGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesGrey HighlandsHousesCanadaPublished on February 24, 2014Cite: “Frogs Hollow / Williamson Chong Architects” 24 Feb 2014. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogMetal PanelsAurubisCopper Alloy: Nordic BrassCompositesMitrexPhotovoltaic Solar Cladding – BIPV CladdingPanels / Prefabricated AssembliesTechnowoodPanel Façade SystemArmchairsUniForArmchair – ParigiLouvers / ShuttersBruagShading Screens – Perforated Facade PanelsAluminium CompositesSculptformAluminium Façade BladesCultural / PatrimonialIsland Exterior FabricatorsSeptember 11th Memorial Museum Envelope SystemWire MeshJakobWebnet in a Gymnasium in GurmelsDoorsLinvisibileLinvisibile Pocket Door | MareaPaintKEIMMineral Paint for Concrete – KEIM Concretal®-WLouversReynaers AluminiumSolar ShadingHandlesFormaniFitting Collection – ARCMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream 2009 Frogs Hollow / Williamson Chong Architects “COPY” Photographs ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/479402/frogs-hollow-williamson-chong-architects Clipboard Projectslast_img read more

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first_img Howard Lake | 25 February 2010 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Sylvanian Families recruited to raise funds for the Stroke Association  74 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Tagged with: corporate Sylvanian Families, the evergreen collectable toy brand for children, will be helping to raise funds and increase awareness of The Stroke Association’s 2010 Pin Badge Campaign, with new highly desirable & collectable Sylvanian Families Pin Badges.The Stroke Association is the only charity that supports stroke survivors of all ages and their families across the UK. In a new fundraising initiative, the charity is to launch the new Sylvanian Families Pin Badges in 1700 branches of Barclays Bank. Over 70,000 of the £1 badges will be on sale from mid April.The badges, produced by the Louis Kennedy, will have five designs of classic Sylvanian Families characters. Sylvanian Families have been a favourite with collectors of all ages for 23 years in the UK.Laura Golland from the Stroke Association commented: “Charities often work with children’s characters for pin badge campaigns and we wanted to ensure that the theme chosen was right for us. Stroke affects people of all ages. Around ten children and babies have a stroke every week and many more are affected if a close family member has a stroke. For this reason, Sylvanian Families seemed a natural choice with its wholesome brand values that centre on family life, and on caring for and looking after one another. What’s more, there is a huge Sylvanian Families collector’s fan base that will be keen to collect the badges too. They are ideal treats for parents and grand parents to give to little ones, whilst raising money for a worthwhile cause. We hope that this will lead to greater awareness of stroke in children and will increase fundraising opportunities for the Association.”First to receive a pin badge was Jessica aged 11, who as a stroke survivor is keen to raise awareness of childhood strokes. Jessica is a fan of Sylvanian Families and was delighted to be presented with the first badge from the Sylvanian Families collection at The Stroke Associations’ London office.Lindsay Hardy, Marketing Director of Flair, UK distributors of Sylvanian Families, commented: “We are delighted to have been brought together with the charity by Louis Kennedy and that Sylvanian Families characters will be helping The Stroke Association with their pin badge campaign. The Stroke Association is such a worthy cause to be involved with, as this condition affects so many people in one way or another and is not just limited to the older generation. We hope that the new pin badges will appeal to many different people raising both awareness for the charity and valuable revenue to help it continue its fabulous work.” About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

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first_img FBN Kicks Off Fifth Annual Farmer2Farmer Conference Facebook Twitter Home Indiana Agriculture News FBN Kicks Off Fifth Annual Farmer2Farmer Conference By Hoosier Ag Today – Dec 12, 2019 SHARE Farmers Business NetworkSM(FBN), the independent farmer-to-farmer network, announced at its fifth annual Farmer2Farmer Conference a series of investments designed to further its commitment to the expansion of rural economies.“We’re proud to bring jobs, revenue and savings to farming communities across North America.”The FBN Partner Program, comprised of local, physical distribution and sales centers, seed ambassadors and community builders, has expanded to more than 180 partners in the U.S. and Canada, with further expansions planned for 2020 and beyond.“We are thrilled to put boots on the ground and establish a physical presence that supports local economies through our rapidly expanding Partner Program,” said Amol Deshpande, CEO and Co-Founder of Farmers Business Network. “We’re proud to bring jobs, revenue and savings to farming communities across North America.”The global reach of FBN continues with its expansion into Australia. With agriculture representing a $60 billion industry in Australia and farmers there facing the same supplier consolidation and limited competition as their North American counterparts, FBN is poised to bring its trademark innovation and decision technology to benefit thousands of Australian farmers.Today the F2F Genetics Network™, the seed arm of FBN, also announced plans to release its first post-patent GT corn seed and outlined its regulatory work for Bt corn, with additional post-patent traits coming in the next few years. F2F Genetics Network also announced its first ever offering of Arcadia’s GoodWheat, a high-fiber wheat variety.“For decades, Big Ag has had a stranglehold on the seed industry,” said Deshpande. “But as Big Ag’s seed patents have started to expire in recent years, a massive opportunity opened to bring high-yielding, traited seed to our members for a fraction of the price. We’re excited to bring these savings and true ROI to farmers.”The company made a range of announcements across its suite of commercial solutions:F2F Genetics Network: The pioneering seed platform of FBN reached nearly 1,000 customers in its first year (2018), and 2020 sales have already eclipsed that mark, due to the focus of the F2F Genetics Network on maximizing seed ROI. For 2020, F2F Genetics Network is making a full line of conventional and traited seeds available at disruptively low, national flat pricing.FBN Direct™: FBN continues to expand its industry-leading FBN Direct eCommerce input platform with new products, programs, financing and distribution. FBN Direct also announced the addition of agronomy services and a rewards program.FBN Financesm: FBN today announced the launch of its newest business in 2019, FBN Finance, which provides access to competitive financing opportunities for farmers.FBN Finance provides qualified farmers a full suite of lending products for operating capital, equipment, land and inputs. The service offers attractive rates and terms as an alternative lender, without the red tape, costs, and inflexibility farmers might run into elsewhere.FBN Crop Marketing: FBN now has more than 200 million bushels of crop production enrolled through its Crop Marketing platform, which offers farmers expert advice and proprietary contracting opportunities. FBN announced the release of HedgeCommand, a grain marketing digital control panel that uses data science to generate truly personalized pricing recommendations for farmers.Throughout the three-day conference in Omaha, FBN is conducting sessions and hands-on demos for farmers about how FBN Crop Marketing, FBN Health, FBN Direct, FBN Community, FBN Finance can work to drive profits across their operations. Leading industry analysts and investors are also in attendance, maximizing networking opportunities.Source: Farmers Business Network Facebook Twitter Previous articleFDA Holding Up Indiana Hemp Plan, Possibly Delaying Commercial Production on the HAT Thursday Morning EditionNext articlePurdue-based Solinftec to Move Global HQ to West Lafayette Hoosier Ag Today SHARElast_img read more

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first_img News March 12, 2021 Find out more News Organisation News Reporters Without Borders is appalled by raids, on Monday (May 20), by police on two Kampala-based newspapers, the forced closure of their printing presses and the closure of two radio stations.The raids were carried out in the morning on the headquarters of Pepper Publications, which publishes the newspaper Red Pepper and two other weekly magazines, and the headquarters of Monitor Publications Limited (MPL), which publishes the Daily Monitor.In the afternoon, the police continued their offensive against freedom of information by closing two radio stations – KFM Radio and Dembe FM – which are sister stations and broadcast from the MPL’s premises.Reporters Without Borders already wrote to President Yoweri Museveni on 23 April, a month before these latest incidents, voicing deep concern about an increase in threats against journalists and about the campaign to intimidate the media that the authorities have been waging for months.“This national police offensive is the latest in a series of grave violations of freedom of information in Uganda since late 2012,” Reporters Without Borders said. “These actions are symptomatic of a terrible climate for news providers and reflect the government’s desire to stifle media independence.“We offer our full support for the news media being targeted by the authorities and we join Uganda’s human rights NGOs in calling for an end to media freedom violations by the security forces. We urge the government to respect Uganda’s constitution, which protects freedom of expression.”The raid on MPL headquarters was carried out by police armed with Kalashnikovs, who were acting on orders from the Criminal Investigations and Intelligence Directorate (CIID) with the aim of identifying the sources for a 7 May report in the Daily Monitor.Three Daily Monitor journalists – Don Wanyama, Richard Wanambwa and Risdel Kasasira – were already questioned about the same article for nine hours on 14 May and on two consecutive days afterward.During the raid, the police shut journalists inside their offices, blocked access to the premises, and confiscated Daily Monitor journalists’ material. The police also used tear gas to disperse a crowd that began to gather and protest outside the MPL’s headquarters in support of media freedom.According to information obtained by Reporters Without Borders, the police raid on the MPL was linked to the Daily Monitor’s publication of a confidential letter by Gen. David Sejusa about a plot to assassinate senior Ugandan officials, either members of the government or senior army officers.The aim of the plot is said to have been the elimination of senior officials opposed to President Museveni’s rumoured intention of installing his son, Brig. Gen. Muhoozi Kainerugaba, as his successor.The publication of the leaked letter about the so-called “Muhoozi Project” triggered a wave of panic within the government. The raids on the MPL and Red Pepper, which also published stories about the affair, followed a government announcement that no more stories about the “Muhoozi Project” would be tolerated.Accusing the media of not being “professional and impartial,” the Ugandan Communications Commission also announced that it would withdraw the licence of any news outlet that continued to cover the affair.The authorities have not offered any grounds for closing KFM Radio and Dembe FM, the two stations that operate out of the MPL’s premises, but the closures seem to be part of the blackout imposed on MPL news outlets.More information on media freedom in Uganda. UgandaAfrica Help by sharing this information Follow the news on Uganda Receive email alerts January 13, 2021 Find out morecenter_img RSF_en News UgandaAfrica to go further Uganda blocks social media and messaging apps, isolating election June 4, 2021 Find out more May 21, 2013 – Updated on January 20, 2016 Police raids on two Kampala newspapers Ugandan president threatens to “bankrupt” leading daily Uganda urged to free two journalist held since last week on libel chargeslast_img read more

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first_img Related Articles Subscribe Home / Daily Dose / Fannie Mae Prices First Credit Risk Sharing Transaction Under Actual Loss Framework October 21, 2015 4,451 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save Tagged with: Connecticut Avenue Securities Credit Risk Transfer Fannie Mae Previous: DS News Webcast: Wednesday 10/21/2015 Next: Single-Family Rental Securitizations Surpass $13 Billion in Issuance in Just Two Years The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img in Daily Dose, Featured, News, Secondary Market Servicers Navigate the Post-Pandemic World 2 days ago Connecticut Avenue Securities Credit Risk Transfer Fannie Mae 2015-10-21 Brian Honea About Author: Brian Honea The Week Ahead: Nearing the Forbearance Exit 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Fannie Mae announced on Wednesday the pricing of the latest risk sharing transaction under the Connecticut Avenue Securities (CAS) Series at $1.45 billion. The latest transaction is Fannie Mae’s ninth under the CAS Series and first CAS transaction structured for an actual loss framework.The standard for the CAS program going forward will be transactions structured using an actual loss framework, according to Fannie Mae. This transaction, CAS Series 2015-C04, is scheduled to settle on October 27.“The move to an actual loss structure for CAS places even greater importance on how Fannie Mae manages credit risk, as investors now directly benefit from our comprehensive credit risk management approach,” said Laurel Davis, VP for credit risk transfer at Fannie Mae. “Because we are actively involved from pre-loan delivery through property disposition, investors have greater confidence in the loans in the CAS reference pools and their opportunity to invest in them. The fact that we are setting strong standards and managing the credit risk of loans throughout the lifecycle has helped investors become comfortable and re-enter the residential credit market. We look forward to another strong year for the CAS program in 2016.”Fannie Mae has completed nine CAS transactions since the program began in October 2013. With those nine transactions, Fannie Mae has issued $12.44 billion in notes and transferred a portion of the credit risk to private investors on single-family loans with $437.55 billion in outstanding unpaid principal balance.The CAS series, the Credit Insurance Risk Transfer (CIRT) reinsurance program, and other forms of risk transfer help Fannie Mae achieve its goal of increasing the role of private capital in the mortgage market and reducing taxpayer risk. By the end of 2015, Fannie Mae estimates that through all of its risk transfer programs, it will have transferred a portion of credit risk on single-family mortgage loans for approximately half a trillion dollars in UPB.”The fact that we are setting strong standards and managing the credit risk of loans throughout the lifecycle has helped investors become comfortable and re-enter the residential credit market.”—Laurel DavisPrior to CAS Series 2015-C04, CAS transactions have operated on a fixed severity schedule in calculating write-downs. Credit events typically occurred when reference pool loans become 180 days delinquent. Under the actual loss framework, any losses are passed through based on the realized losses of the loans after the final disposition. With the move to the actual loss framework for the CAS series, Fannie Mae has enhanced CAS disclosure data for investors and made historical data available to support the transition. The enhanced monthly disclosures will help investors monitor the ongoing performance of their investments in CAS securities, according to Fannie Mae.A diversified group of new and existing investors participated in the CAS Series 2015-C04 transaction. The reference pool for CAS Series 2015-C04 contains more than 200,000 single-family mortgage loans with an aggregate UPB of approximately $45 million. The loans in the reference pool were acquired by Fannie Mae from September through November 2014 and it is part of the Enterprise’s new book of business using strong credit standards and enhanced risk controls.Click here for more information on the CAS Series 2015-C04 transaction. Fannie Mae Prices First Credit Risk Sharing Transaction Under Actual Loss Framework  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

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first_img By News Highland – May 1, 2012 Pinterest Newsx Adverts WhatsApp Twitter Pinterest Facebook Google+ As the remaining 15 workers at the Oatfield factory in Letterkenny prepare for the shut down of the facility at the end of the month, the town’s Mayor is calling on owners Zed Candy to honour their responsibilities in relation to redundacy payments.Cllr Gerry Mc Monagle spoke to workers last evening, and says they’re anxious that they receive three weeks pay per year of service, the same package that other staff at the plant received in 2010.He says the workers are adamant that Zed Candy have the necessary assets to enable them to pay a proper redundacy package……………[podcast]http://www.highlandradio.com/wp-content/uploads/2012/05/germc1pm.mp3[/podcast] Facebook Man arrested in Derry on suspicion of drugs and criminal property offences released HSE warns of ‘widespread cancellations’ of appointments next week center_img Man arrested on suspicion of drugs and criminal property offences in Derry Twitter Dail to vote later on extending emergency Covid powers RELATED ARTICLESMORE FROM AUTHOR Dail hears questions over design, funding and operation of Mica redress scheme WhatsApp Previous articleAuctioneer says weekend sale shows strength of farmland market in DonegalNext articleGweedore pharmacist is new IPU president News Highland Mayor calls on Oatfield owners to agree a fair redundancy package PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Google+last_img read more

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