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Community Celebrates with Portantino at “Swearing In” Celebration Glendale Community College Hosts

first_imgGovernment Community Celebrates with Portantino at “Swearing In” Celebration Glendale Community College Hosts Published on Monday, February 27, 2017 | 3:40 pm First Heatwave Expected Next Week Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Herbeauty9 Gorgeous Looks That Have Been Classic Go-tos For DecadesHerbeautyHerbeautyHerbeauty10 Easy Tips To Help You Reset Your Sleep ScheduleHerbeautyHerbeautyHerbeautyA Dark Side Of Beauty Salons Not Many People Know AboutHerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeauty More Cool Stuff Your email address will not be published. Required fields are marked * Top of the News Business News Subscribe Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. 0 commentsShareShareTweetSharePin it center_img Community News Community News Make a comment EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Senator Anthony J. Portantino (D – La Cañada Flintridge), was given his ceremonial oath of office yesterday by State Controller Betty T. Yee. Approximately 500 community members, elected officials, family and friends attended the swearing in ceremony hosted by Glendale Community College.Local classic rock band, Misplaced Priorities entertained the crowd through lunch. The John Muir High School Drum Line called the program to order followed by the presentation of colors by the Blair High School Junior ROTC. The La Cañada High School Choral Ensemble sang the National Anthem and “God Bless America.”Anita Quinonez Gabrielian, President of the Glendale Community College Board of Trustees, welcomed the crowd to the event. Sam Pedroza, Mayor of Claremont, served as the emcee and introduced Controller Yee. After his oath, Senator Portantino offered his vision and priorities for the coming term and expressed his desire to set the mark in constituent services.“Education is my number one priority. It is time to put our children first,” said Senator Portantino. “My ability to be an effective leader in Sacramento comes from the support I have here at home. I will continue to be an advocate for our communities as my terrific staff sets the gold standard in constituent services,” concluded the Senator. Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Name (required)  Mail (required) (not be published)  Website last_img read more

Are NPL and RPL Markets the Key to Investor Growth?

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Headlines, News, Secondary Market Share Save Home / Daily Dose / Are NPL and RPL Markets the Key to Investor Growth? A new report by Semper argues that the U.S. economy is transitioning from a post-crisis, recovering market back into a normalized market, and that NPL/RPL investments “should disproportionally benefit from the increases in credit availability and home price increases that typically occur during these transitions due to the embedded structural leverage to these factors.”According to Semper, the housing crisis and its immediate aftermath turned portfolios of clean, current-pay loans into “mixed bags of underwater, non-performing assets.” But this environment in the NPL/RPL market in turn allowed for the mortgage holders who preferred performing assets to transfer impaired mortgages to investors who saw opportunities through active loan servicing. Consequently, post-crisis changes in banking capital requirements compelled many NPL and RPL holders to reduce holdings of their assets on their balance sheets. This, Semper argues, created excess supply in the market, and that led to varied investment approaches‒‒private equity, hedge funds, and REITs, for example‒‒being set up to absorb that supply.“Today, we estimate an NPL inventory of [roughly] $105 billion, compared to estimates of $35 billion prior to the financial crisis,” Semper reported. “However, not only is the supply of NPLs still well above pre-crisis levels, NPLs are still well over double historical levels, and the market continues to draw new supply from a steady stream of ongoing loan defaults within the outstanding universe of pre-crisis mortgages, as well as post-crisis origination.”Semper argues that despite a recovering economy on its way back to normal, the need to effectively work out the NPL borrower base has not changed. Further, the company reported, these borrowers are being liquidated in a much more stable and functional credit environment than what we saw in the period immediately following the financial crisis.“As certain players have exited the trade, the supply and risk reward profile remains,” the report stated, “but it is now combined with our positive outlook on housing technical and fundamentals.”Semper recommends several approaches: NPL securitization senior tranches featuring 40 to 50 percent credit enhancement, coupon step-ups that limit the extension of securitizations (and, thereby, encouraging issuers to exercise optional redemptions); RPL shifting interest securitizations that center on heavily seasoned underlying loans that boast strong credit profiles; and NPL whole loans that allow opportunities to invest directly into an active asset management strategy based on the underlying credit, and allow investors to either highlight or reduce exposure to certain sectors or loan characteristics such as legal jurisdiction or property type.“We remain focused on investments and liquidity within the NPL and RPL sectors and remain constructive on the fundamental outlook of the assets and within the investment strategies above,” Semper concluded. NPL RPL 2017-08-09 Joey Pizzolato Servicers Navigate the Post-Pandemic World 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 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] About Author: Joey Pizzolato Related Articles 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 Tagged with: NPL RPL Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Are NPL and RPL Markets the Key to Investor Growth? August 9, 2017 3,437 Views Previous: Home Equity: Funding Business Next: Bubble Ahead? Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Subscribelast_img read more

Phillies fire hitting coach, bring back Charlie Manuel to help struggling bats

first_img FacebookTwitterLinkedInEmailPhoto by Scott Clarke / ESPN Images(PHILADELPHIA) — The Philadelphia Phillies have lost ten of their last sixteen games, falling to fourth place in the National League East. Now, with their playoff hopes beginning to dwindle, the team has fired hitting coach John Mallee and replaced him with a key figure from their past.The team announced Tuesday that former World Series winning manager Charlie Manuel will take over for Mallee, joining the team in the dugout. He is expected to remain in that role through the end of the 2019 season.Manuel, 75, won exactly 1,000 games as a manager of the Cleveland Indians and Phillies. He also ranks 39th all-time with a .548 winning percentage as a manager.Players have long liked Manuel’s approach to hitting in particular. He served as the hitting coach for Cleveland during the mid 1990s, when the team led the American League in runs scored three times, set a franchise record with 1,009 runs scored in a season, and led the league in home runs twice.The Phillies fired Manuel in August 2013. He later returned to the team as a senior advisor to the general manager, a role he had remained in up through the coaching change on Tuesday.The Phillies rank 11th in the National League in home runs, 12th in batting average, and ninth in runs scored this season.Copyright © 2019, ABC Radio. All rights reserved. Beau Lund August 13, 2019 /Sports News – National Phillies fire hitting coach, bring back Charlie Manuel to help struggling batscenter_img Written bylast_img read more

Leading investment firms push Texas regulators to crack down on natural gas flaring

first_img FacebookTwitterLinkedInEmailPrint分享Bloomberg:Investors managing more than $2 trillion are calling on Texas regulators to ban the routine burning of natural gas from shale fields, arguing that the energy industry hasn’t moved quickly enough to curb the controversial practice.AllianceBernstein, California State Teachers’ Retirement System and Legal & General Investment Management said they support eliminating gas flaring by 2025, according to a letter to the Texas Railroad Commission, which oversees oil and gas in the state. All three investors have been vocal on environmental issues before, but it’s the first time large institutional investors have taken such a public stance to the Texas regulator.“Actions of leading operators demonstrate the financial and technical viability of ending routine flaring,” the fund managers said in the letter, which was seen by Bloomberg. “It is clear, however, that voluntary actions alone have been insufficient to eliminate routine flaring industry-wide.”Investors and environmentalists are increasingly drawing attention to flaring because of its wastefulness and contribution to climate change. Flaring is utilized around the world as a way to deal with gas that producers can’t — or don’t want to — transport or store. Much of what’s burned, especially in the shale fields of Texas, is so-called associated gas coming from oil wells.The sheer abundance of gas in the Permian Basin of West Texas and New Mexico means local prices for the fossil fuel are often so low that it’s cheaper for shale operators to burn it rather than pay for pipeline connections and storage. Last year the Permian flared enough gas to supply 5 million U.S. homes, according to Oslo-based Rystad Energy.The Texas Railroad Commission has come under attack for allowing companies to effectively flare at will over the past decade as shale production boomed and helped make the U.S. the world’s top oil producer. The commission allows companies to flare during the start-up of wells and during emergencies. It also issues waivers that can be utilized right through the early and most productive phase of a shale well’s operation. After more than a year of public pressure, the commission recently proposed reducing the amount of flaring time allowed under some waivers and requiring operators to provide information on why they need to flare, but it set no targets and resisted calls for an outright ban. [Kevin Crowley]More: Investment giants urge Texas to end most natural gas flaring Leading investment firms push Texas regulators to crack down on natural gas flaringlast_img read more

Tastebuds tingle at 5th annual Mac & Cheese Fest

first_imgProceeds from the festival all go to benefit the Binghamton Philharmonic. BINGHAMTON (WBNG) — Creamy or gooey, cheesy or spicy, whatever makes your mouth water, Mac & Cheese fest has the mac for you. “We’re doing an elote-style mac and cheese with a cheddar queso cheese sauce, topped with queso fresco, chili powder, and poblano peppers,” said Jeffrey Thacher with Garage Taco Bar. In it’s fifth year, dozens of restaurants gathered at the Holiday Inn in downtown Binghamton with unique and signature recipes, all to dazzle a panel of judges. For those attending, the twists on mac and cheese bring people back year after year. Restaurateurs and attendees can all agree the festival brings foodies together. center_img “It’s a good way to get into the community, talk to other restaurants and cooks, exchange ideas,” said Thacher. “I love the familiar faces, there’s so many people that I’ve seen that I recognize, and it’s great, everyone seems to love it,” said Tabatha Newton, owner of The Relief Pitcher. “We started coming here at the first Mac and Cheese Fest, and we’ve been coming ever since. It’s a tradition for us,” said Christina Taylor. She’s made it a yearly tradition to taste all the macs with her daughter. After taste-testing all the macaroni, attendees have the chance to place their vote for five different judging categories. While it’s nice to claim the coveted title of having the best mac and cheese, restaurants can agree the festival brings a little more than friendly competition. last_img read more

A $20 million beachside complex to be the first of five coast projects

first_imgCyan at Kings Beach takes advantage of ocean views and plenty of light.EXPANSIVE views of the beach and Glasshouse Mountains are set to be a winning combination for this new $20 million project at Kings Beach.Cyan, by Mosaic Property Group, is to be the first of five projects to be launched on the Sunshine Coast by the Brisbane property development giant.The eight level boutique apartment development will deliver 31 premium apartments topped with two luxurious penthouses.Cyan at Kings BeachEach penthouse will boast its own mezzanine level and private roof terrace, with uninterrupted views over Kings Beach and the ocean beyond.Wherever you live, add a touch of coastal chic to your home for a bright and breezy look. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:24Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:24 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.A city made of sand!01:24 Related videos 01:24A city made of sand!01:48Best beach house bargains01:44Summer Dream Home: Burleigh Heads02:49Future Homes: Prefabricated01:16Andrew Winter: The value of a view03:181 room 3 ways – Beachy KeenMore from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor8 hours agoMosaic Managing Director Brook Monahan said the company was excited and confident in its decision to extend its reach to the Sunshine Coast.He said Mosaic’s initial two year pipeline of Sunshine Coast projects would inject an additional 185 dwellings, 425 fulltime jobs and $162 million into the local economy.“After years of consideration and research into the local economy and its major growth as a popular regional city, we now look forward to delivering our high quality boutique residential buildings to this ever expanding location,” he said.Cyan at Kings BeachCyan’s two and three bedroom apartments will start from $480,000, with all designed to take advantage of the stunning and sprawling views.Each apartment offers light filled spacious interiors and large private balconies to embrace the beachside position.Other features include high ceilings, flexible open plan living spaces and gourmet kitchens with premium fixtures and fittings, island benches, stone bench tops and air conditioning in every room.The development’s location, at 21 Canberra Tce, is just metres from popular Kings Beach and the shops, restaurants and cafes of Caloundra’s CBD.Mosaic’s expansion to the Sunshine Coasts follows a buoyant 2016 financial year during which the company doubled its Brisbane workbook to more than $120 million.last_img read more

Futures Unlimited Inc. hopes to win casino’s “Tree of Hope” contest

first_imgFutures Tree of Hope at Kansas Star Casino.Submitted to Sumner Newscow — Futures Unlimited Inc. is one of 10 non-profit organizations vying for a chance to win a $5,000 first-place cash prize for their organization through the Kansas Star Casino’s Tree of Hope contest by each decorating a Christmas tree on site at the casino. Futures Unlimited, Inc. entered this contest for a chance to win the cash prize to benefit the men, women, children and families served by Futures.“Over the past several years, our programs and services have been significantly impacted as a result of continually declining resources – a trend that will most likely continue,” says Tom Kohmetscher, Futures president/CEO. “Generous opportunities like this one through the Kansas Star Casino give us yet one more chance to make others aware of our mission and its importance to the residents of Sumner County.”The first-place cash prize is $5,000, second place is $2,500 and third is $1,000. All runners-up will receive a $125 cash prize. All voting takes place at the casino. Players Club Members will decide the winners of the Tree of Hope contest by casting votes December 3-December 17, 2013. Additionally, those who cast votes in the contest also register themselves to win a prize. Details are available by talking with Player’s Club officials.Kansas Star Casino’s Marketing and Events Coordinator, Sonya Jackson said, “Guests to the casino can pick up voting ballots at the Lucky Star Players Club, located at the front of the casino. Each tree will have a ballot box and they simply drop their ballot into the box of the tree they choose. Voters must be a member of the Lucky Star Players Club (joining is easy and free) and can only vote once.”The trees are located near the casino’s southeast entrance. Other Tree of Hope contest entrants include mostly Wichita-area agencies such as the YMCA, Valley of Hope (equine rescue), Disabled American Veterans, YWCA, Belle Plaine Scholarship Fund, Communities in Schools, Leukemia Foundation and Humane Society.“We hope everyone in Sumner County will come out to the casino Dec. 3-17 and vote for Futures’ tree,” says Trisha Logan, Futures communications coordinator. Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comment (1) Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings Sort by: Date Rating Last Activity Loading comments… You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. 0 Vote up Vote down Trisha · 348 weeks ago Futures folks are making the trek to the casino Thursday night for $10 buffet night. Hope others can join us! Report Reply 0 replies · active 348 weeks ago Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new commentslast_img read more