Ask the Economist: Housing Industry Post Election

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Commentary / Ask the Economist: Housing Industry Post Election Demand Propels Home Prices Upward 2 days ago 2016 Presidential Election Amy Crews Cutts equiax Housing Policy 2016-08-10 Kendall Baer Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Kendall Baer Amy Crews CuttsAmy Crews Cutts, Chief Economist for Equifax Inc., is a recognized industry expert with over 17 years of economic analysis and policy development experience. Cutts recently spoke with DS News about what she foresees for the future of the housing market post the 2016 presidential election.When asked how will the upcoming 2016 presidential election will affect the housing market as well as what the housing market and mortgage industry will look like post Obama administration, Cutts says that she can speak only looking at past presidential elections but on that basis thinking about what happened in the past.“One thing that characterizes the United States and obviously many of our friends in the western, industrialized world is an easy transfer of power,” says Cutts. “One president goes on and the next president goes in and the democratic process works. The lights from one account goes off and then they pull a switch and all the accounts are active under the new regime.”Cutts shares that from the perspective of the American consumer nothing happens at the point of the new administration taking office; business is as usually from one day to the next. Cutts notes that very little should happen in terms of funding and the financial market.“Where potential issues arise and where we might argue that there will be fundamental differences is when administration moves in tries to change policy,” says Cutts.She says the first thing the new administration must do upon taking office is put a new cabinet together. Once that is complete, then the next thing that must be done is the cabinet must start to think about what rules they want to write and then start creating them.“Now we are a year in to a new presidential administration before any of those changes really take place,” says Cutts.It’s easier when the same party stays in place, according to Cutts, because in many causes the same deputies will stay on until they are replaced and the process as a whole is a little more orderly. The issue comes when their is a change in party. Cutts says this is when a lot of house cleaning happens because those on the previous cabinet don’t want to work for the new party.“An orderly transformation of power means that the FHA rules will stay the same, the Fannie Mae and Freddie Mac rules will stay the same, the Wall Street Rules will stay the same up until the time that the new administration, whoever that may be, comes in and starts to make their mark on policy,” says Cutts. “But that is a year or two in.”Cutts remarks that outside of those issues, the only response you are going to see is whether the market is happy with the choice or unhappy with the choice. She says in the case that the market is unhappy, that is where volatility in the registry may be seen. Share Save Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, TX. Born and raised in Texas, Kendall now works as the online editor for DS News. Subscribe The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: 2016 Presidential Election Amy Crews Cutts equiax Housing Policy Related Articles Previous: Lenders Find New Strengths In Shared Households Next: DS News Webcast: Thursday 8/11/2016 Ask the Economist: Housing Industry Post Election Demand Propels Home Prices Upward 2 days ago August 10, 2016 1,559 Views  Print This Post The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Commentary, Daily Dose, Featuredlast_img read more

SC Adjourns Tablighi Jamaat Matter; Asks Centre If Trials Can Be Expedited

first_imgTop StoriesSC Adjourns Tablighi Jamaat Matter; Asks Centre If Trials Can Be Expedited Radhika Roy27 July 2020 1:40 AMShare This – xThe Supreme Court has adjourned the plea filed by foreign nationals who had been blacklisted by the Ministry of Home Affairs for participating in the Tablighi Jamaat congregation, seeking for restoration of their visas and passports in order to travel back to their home countries. A Bench headed by Justice AM Khanwilkar heard the matter and allowed Solicitor-General Tushar…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court has adjourned the plea filed by foreign nationals who had been blacklisted by the Ministry of Home Affairs for participating in the Tablighi Jamaat congregation, seeking for restoration of their visas and passports in order to travel back to their home countries. A Bench headed by Justice AM Khanwilkar heard the matter and allowed Solicitor-General Tushar Mehta’s request to seek instructions regarding the viability of whether the trials of foreigners who have not pled guilty can be expedited. The matter has been adjourned to July 31. On the last date of hearing, the Supreme Court had adjourned the plea by a week at the request of the Solicitor-General, with Senior Advocate Menaka Guruswamy submitting that she had no objection to the same. Prior to that, the Court had taken note of the Centre’s Affidavit which stated that individual orders had been passed for cancellation of visas of the foreign nationals and that the Petitioners had the liberty to make representations regarding individual visa cancellation orders before the appropriate authority. In light of the above, the Bench had orally remarked that as individual orders had been already been passed, the Petitioners ought to now approach their respective High Courts, challenging the cancellation orders. Today, the SG informed the Bench that out of 34 Petitioners, 23 had pleaded guilty and a certain fine had been imposed upon them, therefore, they were clear to go back home. He added that 9 were to face trial, and those trials were pending before various courts. Justice Khanwilkar then asked the SG about what could be done to complete the trials in an expeditious manner. To this, the SG responded that he would speak to the investigating officer, and figure out the same by moving an Application for expeditious trial Senior Advocate CU Singh then informed that the Court the return of the 23 Petitioners who had pleaded guilty had to be facilitated at the earliest. “A fine of Rs. 5000 was imposed on them, after they went for plea bargaining. However, in their native countries, such a plea bargain may lead to repercussions.” Singh further submitted that the remaining 9 had no opted for a plea bargain as such a plea would have led to adverse consequences in their country. He also informed the Court that it had been mentioned that the remaining 9 Petitioners would have to file an Affidavit of apology, after which a closure report would be filed by the authorities. The Court stated that the SG would look into the same and seek instructions. Senior Advocate Menaka Guruswamy also submitted to the Court that out of the 25 Petitioners who had accepted the plea bargain, 3 had left, while 22 were having issues getting their passport. She requested for the SG to look into expediting this process as well. Accordingly, the matter has now been listed on July 31. On April 2, the Press Information Bureau (PIB) communicated the Government’s decision to blacklist as many as 960 foreigners from 35 countries who were present in India. Simultaneously, orders were issued to Director Generals of Police (DGPs) of all States and Union Territories as well as the Commissioner of Delhi Police (CP) to register FIRs against such foreign nationals. In light of this, a plea had been filed before the Supreme Court, contending that the decision had been taken unilaterally and arbitrarily. Their plea emphasised that a decision of en masse blacklisting without issuing notice or providing an opportunity of being heard is in blatant violation of not only principles of natural justice, but also, of the Right to Life under Article 21. The petitioners, all of whom have been blacklisted, submitted that not only has the sudden decision led to FIRs being registered against them but has also resulted in them having to forfeit their passports to the State Administration. This, they contended, is a complete deprivation of personal liberty, without following procedure established under law. Next Storylast_img read more

Forestdale property sells for $830k as acreage close to city increases in demand

first_imgMore from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agoThe kitchen is spacious and modern.According to CoreLogic data, the median house sale price for Forestdale was $787,500.This price was an increase of 4.3 per cent in the 12 months to September, and a 20.2 per cent rise in the past five years. The entertainment area looking over the pool.“They loved the modern feel and size of the home, the size of the land and basically everything that it had to offer,” Mr Aston said. The bedrooms is large.“The reason why it’s higher in demand is it’s the closest acreage to the city, and it can’t be subdivided at the present time,” he said.“It has minimum acre lots with roughly 800 homes in the suburb and that should remain the same for some time to come.“There are heaps of buyers looking and not enough stock.” The living area is open plan and flows outside.Mr Aston said about 30 groups viewed the property, with four written offers received, and said the area had been proving popular lately.center_img The house at 19 Sienko St, Forestdale, sold for $830,000.THIS Logan house recently sold for $42,500 more than its suburb median house sale price.The Forestdale property is on a 5006sq m block, and has all of its living across a single level.All Properties Group agent Jay Aston said the 19 Sienko St property was bought by a family for $830,000. The new owners will enjoy plunging into this over summer.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), 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.Close Modal DialogThis 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 Rate1xFullscreenStarting your hunt for a dream home00:51last_img read more

Syracuse defense shuts down Rutgers’ Jamison in losing effort

first_img Related Stories SELF-DESTRUCTION: Flurry of 2nd-half turnovers, mistakes by Syracuse lead to frustrating loss to RutgersAfter disappointing loss, time for players to take blameKrautman’s woes continue in loss to Rutgers; Thomas returns to field after taking bit hit Facebook Twitter Google+ Published on October 13, 2012 at 6:49 pm Contact Chris: [email protected] | @chris_isemancenter_img PISCATAWAY, N.J. — Jawan Jamison wore the target.On a Rutgers offense that’s been uninspiring this season, the Scarlet Knights running back has the ability to singlehandedly tilt the game in his team’s favor. Against Syracuse, he was mostly a nonfactor, as he could only muster 64 yards.The Orange’s defense did almost everything it needed to do, but it did not matter. Despite giving the offense more than enough chances, members of the unit took on a team-first attitude. They maintained they were not frustrated that that their efforts were mostly negated by Syracuse’s costly turnovers. In a game where SU’s defense was not flawless, but stout nonetheless, the Orange (2-4, 1-1 Big East) never took advantage and handed the Scarlet Knights (6-0, 2-0) a 23-15 win at High Point Solutions Stadium on Saturday.“Whatever the team needed, that’s what we’re going to do,” linebacker Siriki Diabate said. “If the team needs us to be out there the whole game, we’re going to be out there the whole game. We’ve got to make a stop. We’ve got to find a way to win.”Syracuse’s defense was on the field about four minutes longer than Rutgers’. It seemed much longer. Though the unit made mistakes, its performance should have been enough for SU.AdvertisementThis is placeholder textRutgers quarterback Gary Nova was held to 157 passing yards. Jamison, the Big East’s rushing leader at 112.5 yards per game, had run for at least 100 yards in each game this season, and seven of the last eight dating back to last year. But the Scarlet Knights finished with only 85 rushing yards on Saturday.Shut him down, and suddenly the door to a win opens wider. Or at least that was how it was supposed to be.On Rutgers’ first play of the game, quarterback Gary Nova handed off to Jamison. The running back rushed for no gain. The next play, Jamison earned two yards. He could not get anything going as the Syracuse defense executed its plan of attack.“That’s just who we are as a defense. We stop the run first and we earn the right to rush the passer,” defensive tackle Deon Goggins said. “That’s a goal of ours, stop the run, especially these backs coming in, rushing for a hundred and something every game.”Even when it was not stopping Jamison, the defense repeatedly gave SU opportunities to score.With Rutgers leading 17-7 at the end of the third quarter, the Orange could still come back. A couple of well-played drives could have swung the momentum. SU’s defense forced a Scarlet Knights’ three-and-out as Rutgers back-up tailback Savon Huggins ran for a total of 2 yards during the series.Syracuse could start chipping away from the opening seconds of the final quarter thanks to a well-played series by its defense. Except Steve Rene, back to take the punt, dropped the ball.RU recovered, and the Orange defense was right back out on the field.“I thought our defense did a very nice job during the game,” head coach Doug Marrone said. “The whole course of the game, despite being put in some very difficult situations.”Syracuse forced Rutgers into a situation it hasn’t dealt with this season. An offense that’s already lackluster lost its brightest hope each time Jamison was stuffed for a short gain.In the Scarlet Knights’ previous two Big East games, against South Florida and Connecticut, he ran for 151 and 110 yards, respectively.On Saturday, Jamison’s unspectacular numbers blended into the stat sheet.RU had to abandon its running game and resort to the air. Wide receiver Brandon Coleman finished with 104 yards, but one of his six catches was for 43 yards. Goggins said he was surprised Rutgers started passing so much so early. He only expected that if Syracuse was winning, he said.Goggins said to compensate for SU’s offensive mistakes, the defense needs to force more turnovers. Still, Goggins and his unit should not have needed anything extra on Saturday.They found an answer few other teams have in taking Jamison out of the game. But it was not enough.“It was a good thing on the stat sheet,” Goggins said. “But it doesn’t mean anything if we don’t come together as a team and win.” Commentslast_img read more

Dodgers’ Joel Peralta returns from potentially career-ending injury

first_imgThough he missed less than two months, Peralta recalled the journey as emotionally draining.“I was two days away from surgery, then everything started turning back around,” he said. “I told people to start praying for me, and I think that’s what helped. God was the one who got me out of surgery and got me to start playing.”If Peralta needed surgery to relieve the pressure on his nerve, he said it would have ended his season and possibly his career.Back in April when he was healthy, Peralta was effective. He did not allow a run in seven appearances and collected three saves in Kenley Jansen’s absence.When healthy, Peralta can regularly hit 89-90 mph on the radar gun, something he did in his final week of rehab at Triple-A. Dodgers manager Don Mattingly said that Peralta adds “a different look” to the current mix of relievers: “A little more like J.P. (Howell), a guy that’s going to change speeds, a guy with experience pitching in big games, capable of pitching to the middle of the order.”Peralta appeared in 297 games from 2011-15 — almost 75 games per season. To get back to feeling 100 percent, Peralta said he might need to pitch with similar frequency.“Pitch four days in a row, rest two days, pitch three days in a row — that was always my best outing because I was pitching consistently,” he said.Bullpen shuffleTo make room for Peralta on the active roster, the Dodgers optioned right-handed reliever Matt West to Triple-A Oklahoma City. They also recalled left-handed pitcher Ian Thomas from Triple-A, swapping spots with left-hander Daniel Coulombe.Thomas had been starting recently at Oklahoma City but is expected to serve as a long reliever in the majors. Mike Bolsinger and Carlos Frias, who had struggled recently, are expected to remain in the rotation and start Wednesday and Thursday, respectively, against the Cubs.The Dodgers couldn’t officially bring up Thomas until about 10 minutes before Monday’s game because his flight from Oklahoma City to Chicago was delayed due to inclement weather.Ethier’s job safeCarl Crawford continues to make progress in his rehab from a strained oblique muscle, Mattingly said, but the manager offered no assurance that Crawford will be the Dodgers’ starting left fielder once he returns.“I haven’t thought about where (Crawford) fits in,” Mattingly said. “Andre’s kind of taken that spot.”Ethier, who was not in the starting lineup Monday against a left-handed starter, entered the week batting .275 with a .353 on-base percentage. His .487 slugging percentage was higher than any he’s posted in a full season since 2010.Crawford was the starting left fielder before he got hurt on April 27. The Dodgers used a platoon of Scott Van Slyke and Alex Guerrero in left field at first. When Yasiel Puig returned from the disabled list earlier this month, Ethier shifted from right field to left and has been the everyday starter since.“It’s not Carl’s fault he got hurt,” Mattingly said. “He had to work his way in. You never know who the odd man out is. … We may platoon a couple spots in the outfield.” CHICAGO >> At one point this year, it occurred to Dodgers pitcher Joel Peralta that he might never play again.“It still does,” he said, “considering my age.”For now the 39-year-old is counting his blessings. Monday’s game against the Chicago Cubs was Peralta’s first on the active roster since April 26. The compressed nerve in his neck that was affecting his right triceps hasn’t been an issue for weeks, and Peralta said he is close to 100 percent.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

Iowa Bike Expo brings thoughts of spring and warm rides

first_imgDES MOINES — The forecast calls for plenty of snow to fly over the next few days, but thousands of Iowans will be thinking of sunny, summer days ahead as they attend one of the biggest one-day bicycling shows in the Midwest.The Iowa Bike Expo is Saturday in Des Moines. Organizer Mark Wyatt, executive director of the Iowa Bicycle Coalition, says the free event is for everyone who’s into pedal power. “You’re going to see bikes, gear, destinations and events,” Wyatt says. “Really, people come there shopping for their summer. If you want to check out what the latest trail is, if you want to check out what the bike shops have as far as new gear to offer, this is the event for you.”If you’re shopping for a new bike, whether it’s a traditional two-wheel road bike, recumbent, tandem or electric, Wyatt says there will easily be hundreds of options. “There’s a bike demo area,” Wyatt says. “We’ve got four or five vendors who will let you take a bike over and give it a short ride, right in front of the events center on the floor, so that’ll be pretty cool.”There will be educational seminars to help riders get in touch with bike advocacy, a legal workshop, and new product launches at the event. While Iowa has hundreds of miles of paved trails, the expo features representatives from a host of “destination” bike rides in other states, including Minnesota and Kentucky.“There’s a lot of interest in the Iowa bicycling community,” Wyatt says. “Certainly, they see it as economic development that they can import to their states. We know that we’ve got to continue to develop that economic impact on bicycling here in Iowa.”The Iowa Bike Expo is free and runs Saturday from 10 a.m. to 4:30 p.m. at the Iowa Events Center in Des Moines.last_img read more