The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Mortgage Diversity Group Elects New Advisory Council for 2018 in Daily Dose, Featured, News, Servicing Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Related Articles 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. Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Advisory Council AMDC Business Council Diversity Inclusion industry Lenders LGBT mortgage Servicers Demand Propels Home Prices Upward 2 days ago Advisory Council AMDC Business Council Diversity Inclusion industry Lenders LGBT mortgage Servicers 2018-05-16 Radhika Ojha Share Save The American Mortgage Diversity Council (AMDC) announced results of its first advisory council election during the AMDC Member Meeting on May 2, 2018. The AMDC advisory council consists of some of the top names in the industry who guide members of the organization to focus on the group’s core mission of creating a diverse and inclusive mortgage industry for all. “The AMDC exists to facilitate action that promotes positive change on diversity and inclusion within the residential mortgage industry,” said Ed Delgado, President, and CEO of the Five Star Institute. “These elected leaders are emblematic of the passion and energy for the adoption of inclusive practices, that is embodied throughout the membership. I look forward to serving alongside this distinguished group.”The following members were elected to the advisory council:Ray Barbone, EVP, Bank Operations, BankUnitedTamara Haskins, FVP, Diversity & Inclusion, PennyMacLola Oyewola, Director, Human Resources, Ocwen Financial CorporationDoris Raimundi, SVP, Mortgage Servicing, Head of Quality Control, U.S. BankStephanie Roemer, Director, Office of Diversity & Inclusion, Freddie MacMichael Ruiz, Director of Supplier Diversity, Fannie MaeSteve Thomas, Senior Managing Director, Mortgage Capital Markets, Federal Home Loan Bank of Chicago“I am delighted to be a part of the AMDC Council and look forward to continuing to support and advance the mission of the AMDC,” said Haskins on her appointment.Under the direction of AMDC Chair Kathy Cummings, SVP, Homeownership Solutions and Affordable Housing Programs, Bank of America, and Vice-Chair Charmaine Brown, Director, Engagement and Outreach at the Office of Minorities, Women and Inclusion at Fannie Mae, the newly elected advisory council will continue AMDC’s work of shaping the diversity agenda while advancing solutions that support a broad range of member initiatives that include supply-chain diversity, challenges faced by minorities, LGBT, and women-owned businesses. Previous: Low Credit Scores Add Up Next: What Fannie Forecasts for Housing in 2019 The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Home / Daily Dose / Mortgage Diversity Group Elects New Advisory Council for 2018 May 16, 2018 2,094 Views About Author: Radhika Ojha Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Two suspects were arrested and two more are being sought for an armed home invasion in which two teenagers were assaulted in Bellmore over the weekend, Nassau County police said.Lauren Morales, 28, and 20-year-old Nicholas Laurenti, both Hicksville, were arrested Monday and charged with first-degree burglary and assault.Police said Morales, Laurenti and two suspects who have yet to be apprehended entered the garage of a home on Lakeview Road, where they punched, kicked and hit two victims aged 17 and 19 with an aluminum bat in the face, head and body at 6:15 p.m. Saturday.The foursome then fled the scene. The victims, who were playing video games when they were attacked, refused medical attention at the scene.Morales and Laurenti will be arraigned Tuesday at First District Court in Hempstead.Seventh Squad detectives ask anyone with information regarding this case to call them at 516-573-6752 or Crime Stoppers at 1800-244-TIPS. All callers will remain anonymous.
Norway’s largest pension fund manager KLP is divesting from coal companies and committing to investing an extra NOK500m (€60m) in increased renewable energy capacity.It said it was doing this to contribute to the “urgently needed” switch from fossil fuel to renewable energy.KLP defines coal companies as coal mining companies and coal-fired power companies that derive a large proportion of their revenues from coal.At the very least, KLP will exclude those with 50% of revenues from coal-based business activities. The names of the companies to be excluded will be published in an updated KLP list on 1 December.KLP’s divestment from coal companies also applies to the KLP funds.The public service pensions provider said preliminary estimates showed the divestment would lead to the sale of shares and bonds worth just under NOK500m.At present, the divestment does not apply to oil and gas companies.KLP said this was because coal companies were considered to have the largest negative impact, both in terms of carbon emissions per unit of energy produced and local pollution in the vicinity of the coal-based facilities, even though there are significant variations between the different types of oil, gas and coal.But KLP also said a withdrawal of investments in oil and gas companies would probably have a material impact on future returns, unlike the retreat from coal company stocks.At the request of the Norwegian municipality of Eide, one of its customers, KLP carried out an assessment on the feasibility of pulling its investments out of oil, gas and coal companies without affecting future returns, in order to contribute to a better environment.The report found no support for the “stranded assets” hypothesis, which posits that investments in companies with major fossil fuel reserves represent a greater financial risk than is normal for this type of undertaking.It said: “On the contrary, a divestment from all fossil fuel companies would significantly increase KLP’s risk, particularly with respect to Norwegian shares.“However, depending on the definition applied, divestment from coal companies alone would not represent any significant financial risk for KLP.”Sverre Thornes, chief executive at KLP, said: “KLP will continue to be an active and engaged owner of the companies in which we invest, with a clear ambition to influence them to take responsibility for lower greenhouse gas emissions.”The KLP Group, with total assets of NOK470bn, is already a major investor in renewable energy, with NOK19bn invested in Norway alone.Last year, it also established a partnership with Norfund for direct investment in renewable energy and finance.The additional NOK500m will be used for direct investments in increased renewable energy capacity in emerging economies, where KLP considers the need to be greatest.
In the women category, the ladies singles, defending Champion and tournament top seed, Sarah Adegoke, wasted no time in her first round game when she dismissed Akosile Afolarin 6-0, 6-0 , while third seed Christy Agugbom subdued Favour Moses in 6-1, 6-2.The final in all categories of play will come up on Friday with the sum of N700,000 cash prizes set aside for all the winners. Over 300 players including special athletes are participating in the competition which is in its 40th edition this year.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram The defending Champion of the men’s singles event of the on-going 40th Central Bank of Nigeria Senior men and women Open Tennis Championship, Abdumumuni Babalola was on to a good start yesterday after his first two matches and advanced to the 3rd round of the competition.Putting the disappointment of the heavy rain that disrupted his first game on Monday behind him, Babalola stopped John Henry in 6-1, 6-2, in his first round match before gaining another victory over Abayomi Philip whom defeated 6-1, 6-1 cruise into the round of 16.Also in the 3rd round is tournament, top seed, Joseph Imeh who won 6-2, 6-1 against Taiwo Owolabi in his first match and beat John Otu 6-1, 6-4 in the second round. He will come up against old war horse, Shehu Lawal in one of today’s 3rd round pairings while Clifford Enosoregbe beat Martins Abamu in yesterday’s 2nd round will battle former Champion Thomas Otu to decide who plays in tomorrow’s quarter finals.