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first_img KCS-content BHP denies Woodside talks by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald whatsapp SHARES in BHP Billiton rose to match their May 2008 record price on the Australian Securities Exchange yesterday, after the mining group completed a A$6bn (£3.7bn) share buyback and denied it was in formal talks to buy liquefied natural gas specialist Woodside Petroleum. BHP, lead by chief executive Marius Kloppers (right), jumped nearly four per cent to a closing price of A$49.55 per share yesterday, as parties affected by a potential deal weighed in with their opinions of the tie-up. The firm’s London-listed shares rose 1.8 per cent to 2,631p. BHP issued a statement denying that it had held formal talks with Woodside management, but speculation stayed high in the market due to the wording of the statement, which said that shareholders were “currently fully informed of all material information” and it was “not aware of any basis for the market speculation”. Western Australia’s premier Colin Barnett added to rumours by saying he knew “directly” that the two companies were in discussions, and warned BHP away from the deal, saying: “Develop a new field, find gas, find oil, find new customers, but I urge you — hands off Woodside.” Shares in the potential target also jumped to a 15-month high, closing almost two per cent up at A$48.16. Woodside chief executive Don Voelte said he had “no knowledge of anything that is out there”.Rumours that BHP was working on a bid began in November last year, when Shell sold a third of its stake in Woodside and said that it would be willing to sell its remaining shareholding.Shell still owns 24.27 per cent of the petroleum exploration and production company. Show Comments ▼ Monday 11 April 2011 7:52 pmcenter_img whatsapp Share Tags: NULL More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comlast_img read more

first_img Regions: US Kentucky Email Address 2020 Kentucky Derby brings in $79.4m in wagers Subscribe to the iGaming newsletter 7th September 2020 | By Daniel O’Boyle Topics: Finance Sports bettingcenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter A total of $79.4m was bet on the 2020 Kentucky Derby, down 52.0% from 2019’s record handle, according to Churchill Downs Incorporated (CDI).Bettors staked $126.0m on the program of racing on 5 September, down 49.8%, following the event being postponed from its traditional date in May and taking place without spectators because of the novel coronavirus (Covid-19).CDI had initially planned to allow 23,000 fans to attend and a maximum of 40% occupancy of reserved seats in proposals unveiled earlier this month, before deciding in August to hold the event behind closed doors. Only essential personnel and participants were permitted to attend in person, following an increase in cases of Covid-19 in the Louisville area.The event usually welcomes a crowd of around 150,000 and had never before been held without spectators, nor had it been held as late as September.Read more on iGB North America A total of $79.4m was bet on the 2020 Kentucky Derby, down 52.0% from 2019’s record handle, according to Churchill Downs Incorporated (CDI). Financelast_img read more

first_imgSwan General Ltd ( listed on the Stock Exchange of Mauritius under the Insurance sector has released it’s 2008 annual report.For more information about Swan General Ltd ( reports, abridged reports, interim earnings results and earnings presentations, visit the Swan General Ltd ( company page on AfricanFinancials.Document: Swan General Ltd (  2008 annual report.Company ProfileSwan General Limited offers insurance services, including personal and corporate insurance. The company provides services that include life, car, home, health, travel, boat, property and liability, financial lines, motor fleet, marine, and keyman and partnership insurance products, as well as reinsurance services. Swan General Limited also provides loans; education, retirement, and investment plans; wealth management and securities trading services; and pension and actuarial services, pension administration, and investment advisory services. Life, casualty, and property are the segments through which the company conducts its business and is based in Mauritius. Swan General Limited is listed on the Stock Exchange of Mauritiuslast_img read more

first_imgEquity Bank Group Limited ( listed on the Rwanda Stock Exchange under the Banking sector has released it’s 2018 interim results for the third quarter.For more information about Equity Bank Group Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Equity Bank Group Limited ( company page on AfricanFinancials.Document: Equity Bank Group Limited (  2018 interim results for the third quarter.Company ProfileEquity Bank Group Limited is a leading financial institution based in Kenya which offers products and services to private individuals and small-to-medium enterprises, and the corporate banking market. It operates in six geographical markets; Kenya, Uganda, South Sudan, Rwanda, Tanzania and the Democratic Republic of Congo (DRC). The consumer division targets salaried customers or customers who receive regular remittances, such as a pension. The SME division provides financial solutions for working capital needs, property development and acquisition of assets. The corporate division targets large enterprises offering products and services that range from equity, mortgage and asset finance loans to trade finance, development loans and business loans. Formerly known as Equity Bank Limited, the commercial bank is a wholly-owned subsidiary of Equity Group Holdings Limited. Equity Bank Group Limited is listed on the Rwanda Stock Exchangelast_img read more

first_img Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Michael Taylor | Sunday, 5th January, 2020 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. Views expressed 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. Investing is hard. It can be lonely, and it can be demanding, but most of all it can test our patience. The problem is that in today’s market there are always so many reasons to sell. One only has to switch on the news to find a reason. Just this week, airstrikes in Iran have people in a pickle worrying about World War Three. This time last year we were worried about stagnant US growth. The year before it was something else.Peter Lynch once said that bull markets climb a wall of worry, and it’s easy to see what he meant. Despite the overwhelming evidence of stock markets globally trending higher, many always choose to be bearish.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…However, it pays to be optimistic. Right now, these three sectors are where I think there may be some fantastic buying opportunities. Oil & gasWith Greta Thunberg and the launch of the Extinction Rebellion, climate change is on everyone’s lips. But the reality is that the world still revolves around oil. Yes, the change to electric vehicles may be growing – but right now petrol engines far outweigh electric, and will do for years to come. Electric vehicles are expensive, and emerging nations will use whatever fuel they can to power their own industrial revolutions. Quality production companies that are low-cost operators will be able to weather any storms that hit the non-lean operators first. Technology Tech has always been hot, and it always will be. The profit potential from technology companies – those that get it right, at least – is eye-watering. High gross margins that can be realised because of a scalable platform can deliver large returns for shareholders.Of course, tech is also always risky, as there is never any guarantee that the business will run smoothly. But, that’s part and parcel of the investment opportunity. People who want more reward have to be willing to take on more risk in order to achieve that return. Sometimes the market has simply mis-priced a company completely.By doing our research, putting in the hours, and looking at the quality of the businesses and financial statements, we may just be able to find the next hot stock early. CopperCopper is used in everything from electronics and transportation equipment to building construction, machinery, and consumer products. Demand for this metal – especially for electric vehicles – will grow, which means those companies that are able to supply copper efficiently could be in the money. To determine whether a copper company is economically viable, look at its all-in costs for production compared to its selling price.Companies that have large amounts of cash sitting on the balance sheet may also be able to take advantage of straggling competitors. Getting exposure to this metal, in the right company and stock, could prove be a very astute investment in 2020 and the coming years.  “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this.center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. Image source: Getty Images Three sectors to watch for in 2020 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. See all posts by Michael Taylorlast_img read more

first_img New Berrigan Book With Episcopal Roots Cascade Books Assistant/Associate Rector Washington, DC Rector Hopkinsville, KY Rector Pittsburgh, PA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Canon for Family Ministry Jackson, MS Associate Priest for Pastoral Care New York, NY Rector/Priest in Charge (PT) Lisbon, ME Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Missioner for Disaster Resilience Sacramento, CA Featured Jobs & Calls An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Priest Associate or Director of Adult Ministries Greenville, SC The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Bath, NC Rector Belleville, IL Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Course Director Jerusalem, Israel Submit an Event Listing In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Associate Rector for Family Ministries Anchorage, AK Submit a Job Listing Assistant/Associate Rector Morristown, NJ Featured Events Youth Minister Lorton, VA Rector Collierville, TN Rector and Chaplain Eugene, OR Rector Shreveport, LA Rector Knoxville, TN Rector Albany, NY Curate Diocese of Nebraska Tags Rector Martinsville, VA Diocese of Tasmania to sell churches to fund redress to victims of abuse Rector Washington, DC Family Ministry Coordinator Baton Rouge, LA Submit a Press Release Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Anglican Communion Bishop Diocesan Springfield, IL Curate (Associate & Priest-in-Charge) Traverse City, MI Priest-in-Charge Lebanon, OH Posted May 31, 2018 Rector Tampa, FL [Anglican Communion News Service] The Bishop of Tasmania has published a list of 78 parish properties that could be sold to fund redress to victims of abuse. The majority of the properties in the provisional list are churches, but it also includes rectories, rental properties and vacant land. The proposals will be debated by the diocesan Synod meeting in Launceston on June 2.Read the full article here. Associate Rector Columbus, GA Rector (FT or PT) Indian River, MI Cathedral Dean Boise, ID Rector Smithfield, NC Director of Administration & Finance Atlanta, GA Assistant/Associate Priest Scottsdale, AZ Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Press Release Service Director of Music Morristown, NJ Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem last_img read more

first_imgThursday Feb 26, 2015 Six Nations 2015: The Journalists’ Midterm Report Before the Six Nations started we posted a Journalists preview piece that proved fairly popular, so here is a follow up, as some of the top UK and Ireland rugby writers discuss which teams have impressed, and how things are poised ahead of this coming weekend.There is a specific focus on each individual team as we approach the mid-point of the tournament, so if you’re from one of the six nations, you may be interested to hear their thoughts. For the neutral, as said at the end of the video, it should be a fascinating weekend.On Scotland’s meeting with Italy at Murrayfield, the feeling is that the hosts should take it.“They are going to be a really interesting team by the time the world cup comes around,” said the Evening Standard’s Chris Jones, while the Daily Mirror’s Alex Spink felt Scotland should have beaten Wales, rather than narrowly lose 26-23. “The look on Vern Cotter’s face at the final whistle suggested he won’t put up with that again,” he said.View more from the Six Nations in our new VideoHub  On the big Ireland vs England clash, feelings were mixed but they all felt it would be a tight contest.“I think we (Ireland) can outsmart them, but if it becomes a power-based game, we can’t live with them unfortunately,” said the Irish Times’ Gavin Cummiskey.On France and their potential, Chris Foy of the Daily Mail said: “They’ve got so much potential in there and it’s just so sort of bizarre and unsettling for them that it’s not coming out, and frankly, I’ll be very surprised if they have a major say in how this title goes.”On Wales: “They’ve kept themselves in it with that win in Edinburgh, and they pulled that out late on, so that was impressive, but I think they’re just short of Ireland and England this year,” said Duncan Bech of the Press Association.Your thoughts: How do you feel each team are placed going into the weekend, and at this midway point in the tournament? Let us know in the comments belowThanks to RugbyMediaADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Six Nations 2015 Related Articles 325 WEEKS AGO Courtney Lawes lays into another unsuspecting… 325 WEEKS AGO England and France’s Twickenham thriller… 325 WEEKS AGO Ireland thump Scotland to set up second Championship… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyWrinkle Remedy Stuns TV Judges: Forget Surgery, Do This Once DailySmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items With A Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

first_imgClaire Girman Linkedin The109: Community hosts fundraiser to support injured Fort Worth officer Facebook + posts Linkedin printStarting a small business after college wasn’t part of the original plan for Riley Kiltz and Collin Sansom, founders of Craftwork Coffee Co.The duo opened their coffee shop-workspace hybrid in late January on Fort Worth’s historic Camp Bowie Boulevard.By fusing their skills as businessmen and coffee connoisseurs, they created a lively workspace fueled by community engagement and well-crafted coffee.Shop view of Craftwork Coffee Co.“The heart behind Craftwork is to provide a comfortable workspace that also allows people to connect with each other,” Kiltz said. “It’s about getting people out of isolation and into community.”Kiltz said he began working in international investment consulting after graduating from TCU. He said his job demanded more time working on the road than from an office.The TCU grad said after catching up with colleagues he graduated with, he noticed a trend of people working more remote.“It seemed the concern of where you were working became less important to what you were working on or who you were working with,” Kiltz said. “It didn’t seem to matter if you were working for a small firm or a Fortune 500 company.”He said when he needed to meet with clients, he would report to an office that fit the standard for corporate workspaces.“It was soul-crushing to walk into an environment of 50-something offices, where you would rarely come into contact with the people working alongside you,” he said. “This didn’t feel right to me.”He said working people should no longer have to settle for traveling long distances to a mundane office, only to be isolated from fellow co-workers.“This is when Collin and I began toying with the idea of what it would look like for someone to solve this workspace need,” Kiltz said. “Where we can have the accessibility of a home office, the control of a suite and be in community.”When breaking ground on the location which formerly housed an auto mechanic shop, psychic and real estate office, the duo considered what would bring energy to their workspace solution.They chose coffee.Barista at work.“One thing Craftwork does that’s very unique is it’s ability to draw people in through coffee. Coffee is a common denominator for a lot of people,” Kiltz said. “It has the power of getting people to familiarize with a space prior to stepping into it.”Kiltz said when mapping out the floor plan, he and Sansom strategically placed the coffee bar in the center.“This allows the workspace to revolve around that energy and life,” Kiltz said.The coffee shop serves more than just a brew. It includes dedicated areas where customers can work on their craft in open spaces or reserved office suites.Kiltz and Sansom partnered with local architecture company, 97w, to put the space together.“Collin and I had the inspiration behind the space, but this design is very much the work of their hands,” Kiltz said.Down to the aesthetic details of the space, Kiltz and Sansom said they wanted to create an open-air environment that would allow sound to travel throughout the space.One way they did this was by working with local business, PalletSmart, to create a wood slat wall that was modeled off of one in the Guarulhos airport in Brazil.Wood slat wall between coffee shop and workspace suites.Kiltz said the wall in the airport is used to break up the space but allow sound to travel through. In the shop, the wall rests between the workspace suites and coffee shop tables.“You don’t have to rely on music to activate your workspace,” he said. “The wall allows us to do it with people and conversations.”Entrance to workspace and conference room division.Craftwork offers three workspace memberships: social, solo and team. The memberships range from $150 to $900 per month.The social membership serves as the most basic, and caters toward people who may have an office or home office, but are looking for an area to step away “to breathe” or meet with clients.He said the suites are a place people are able to land that’s professional, but also life-giving.Team workspace.“I would find it difficult to pound out nine or 10 hours of work on a barstool. I hope no one has to do that,” Kiltz said. “That’s what these suites are for.”Solo suite space.Other amenities including cafe discounts, 24-hour access and added storage and office space are included with the solo and team memberships.Having worked in multiple environments, whether in coffee shops or office environments, Kiltz said he and Sansom considered the different elements of these spaces and what they offered.He said they hope the concept will suit the t-shirt designer, software developer, photographer and attorney.Kiltz and Sansom said they want Craftwork Coffee Co. to be a place where people in different industries feel welcome to meet and work.“We provide a monthly meal to our members so they have an opportunity to connect, instead of feeling as if they’re just working beside each other,” Kiltz said.He said he and his staff are invested in bringing the best quality to their customers, whether through providing a professional working environment or by bringing the best brew to their cup.Kiltz said the shop rotates through different roasters in order to introduce people to different ways of roasting coffee.“In comparison to other cities of our size, I still think there’s a lot of room for good coffee shops to come in,” Kiltz said. “Which means there could be more opportunities for people to learn more about it.”To-go cups.Craftwork Coffee Co. currently serves four roasters: Onyx, Madcap, Olympia and Dallas-based Tweed.“Collin and I have traveled all over the country to ‘cup some coffee,’ which is equivalent to a wine tasting, with our roasters,” Kiltz said. “We’ve made a real effort to get to know them as people.”Craftwork has also partnered with Fort Worth’s Stir Crazy Baked Goods.Merchandise shelf.Kiltz said the next step for Craftwork Coffee Co. is to refine how their micro-location works and identify other neighborhoods to expand into.“Our goal is not to just increase an accessible workspace, but a mobile one,” Kiltz said. “Despite the distances we may travel now to meet or work, we see Craftwork as a solution that can help us get more connected.” Fort Worth set to elect first new mayor in 10 years Saturday Following a 24-17 season finale loss to the Oklahoma Sooners, TCU head coach Gary Patterson said he would not talk about officiating.Some controversial calls were made during the game, including a Jaden Oberkrom field goal which the referees ruled no good. Claire Girman Previous articleNew security measures at home athletic eventsNext articleSGA creates new position focused on diversity, inclusion Claire Girman RELATED ARTICLESMORE FROM AUTHOR Claire Girman Claire Girman Claire Girman is a journalism major from Chapel Hill, North Carolina. She’s fueled by college sports rage, literature and French press coffee. Sickle cell support group raises awareness, gives back to local doctors ReddIt Community to host fundraiser Monday to support injured Fort Worth officer Open Streets event closes roadway in order to open for people Facebook Claire Girman Twitter Twitter Grains to grocery: One bread maker brings together farmers and artisans at locally-sourced store Abortion access threatened as restrictive bills make their way through Texas Legislature ReddItlast_img read more

first_imgNews News RSF_en HondurasAmericas July 11, 2013 – Updated on January 20, 2016 Authorities urged to identify instigators of TV journalist’s barbaric murder Reporters Without Borders is shocked to learn that TV journalist Aníbal Barrow’s dismembered remains were found on 9 July by a lagoon near Villanueva, around 20 km from the spot on the outskirts of the city of San Pedro Sula where he was kidnapped on 24 June.“We express our solidarity with Barrow’s family and all Honduran journalists, who are traumatized by this barbaric crime,” Reporters Without Borders said. “While the investigation has already produced some results, the murder will remain unpunished as long as the instigators have not been identified and brought to trial.”Reporters Without Borders added: “It seems highly probably that Barrow’s murder was linked to his work as a journalist.”The authorities confirmed yesterday that the partially burned and dismembered body found the day before was Barrow’s. It is thought he was killed on the day he was abducted. No ransom request had been made.Four persons have been arrested on suspicion of directly participating in the crime and at least four others are being actively sought by the police, who have said it will not go unpunished.According to a protected witness, a group of criminals operating in the area were paid 400,000 lempiras (15,000 euros) to kill Barrow. Some news outlets are saying the money came from a “highly-placed” person.The National Commission for Human Rights (CONADEH) said Barrow was the 36th journalist to have been killed in the past decade. According to the tally kept by Reporters Without Borders, his death brings the number of journalist killed since the June 2009 coup d’état to 26. Reports News Follow the news on Honduras HondurasAmericas Organisation center_img May 13, 2021 Find out more to go further 2011-2020: A study of journalist murders in Latin America confirms the importance of strengthening protection policies December 28, 2020 Find out more RSF begins research into mechanisms for protecting journalists in Latin America April 27, 2021 Find out more RSF’s 2020 Round-up: 50 journalists killed, two-thirds in countries “at peace” Help by sharing this information Receive email alertslast_img read more

first_img Servicers Navigate the Post-Pandemic World 2 days ago TransUnion released its HELOC study today, which explores why consumers open HELOCs and estimates the percentage of HELOCs opened under specific motivations. The company projects 1.4 million new HELOC borrowers in 2017 and 1.6 million in 2018; a 30 percent increase from the previous two-year period of 2015-2016, which was 1.1 million and 1.2 million projected new borrowers respectively. They also project 10 million consumers to originate a HELOC between 2018 and 2022, which would be more than double the 4.8 million HELOCs originated in the previous five-year period of 2012-2016. The study is designed to help analysts understand why people want to pursue this specific form of credit and evaluate the recent dynamics of the HELOC industry. TransUnion studied 60 million consumers who were eligible for a HELOC and the observation period for consumer credit traits took place between June 2015 and May 2016. Consumers were identified as HELOC-eligible in May 2016 and the observation period for opening a new HELOC occurred between June 2016 and January 2017.“With aggregate home equity surpassing that of the housing boom in the mid 2000s, TransUnion is projecting between nine and 11 million consumers will originate HELOCs over the next five years,” said Joe Mellman, senior vice president and mortgage line of business leader at TransUnion. Mellman believes the 10 million approximated to originate HELOCs will do so primarily due to continued home equity growth and a relatively robust economy. There were 4.9 million HELOCs originations in 2005; back then home equity amounted to $13.3 trillion. In 2011, originations dropped to 600,000 and home equity declined to $6.3 trillion. Home equity didn’t rise back to $13.3 trillion until 2016, but HELOC originations stayed at 1.2 million, according to TransUnion.   The study finds that rising home prices and, as a result, increasing equity, is sparking interest in HELOCs. “While HELOC originations often track with home equity, which is correlated to rising home prices, we found that the rebound in HELOCs diverged from the recovery in home values following this past recession,” Mellman said. To lenders, borrowers opening HELOCs may be of particular interest because they show more positive credit characteristics compared to non-borrowers. According to the study, consumers who open a HELOC tend to be more credit-active, carry higher levels of credit card and non-revolving debt, and demonstrate more credit responsible behavior via lower delinquency.To download the full report from TransUnion, click here. Home / Daily Dose / TransUnion: HELOCS to Spike 30 Percent in 2017 The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe About Author: Dean Terrell in Daily Dose, Featured, Journal, Market Studies  Print This Post Tagged with: HELOCs Home Equity Line of Credit Joe Mellman TransUnion Previous: Paradatec Announces One-Day Blind Test for Mortgage Files Next: Freddie Mac Reports Portfolio Update Sign up for DS News Daily Share Save Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago HELOCs Home Equity Line of Credit Joe Mellman TransUnion 2017-10-24 Dean Terrell The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago TransUnion: HELOCS to Spike 30 Percent in 2017 Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago October 24, 2017 1,816 Views Related Articleslast_img read more

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