GVC’s Hornby to join The Restaurant Group

first_img Topics: People Strategy People Subscribe to the iGaming newsletter Email Address Andy Hornby is to step down from his role as co-chief operating officer of GVC Holdings to become chief executive of The Restaurant Group. Hornby will have an annual base wage of £630,000 at the group. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwittercenter_img Andy Hornby is to step down from his role as co-chief operating officer of GVC Holdings to become chief executive of The Restaurant Group.The group, which operates a network of restaurants and pubs, has not confirmed when Hornby will join, but has stated that he will have an annual base salary of £630,000 (€734,270/$823,290).The Restaurant Group counts the likes of Wagamama, Frankie & Benny’s and Chiquito among its brands, with over 650 sites in the UK and over 50 in other territories including the US.“I am delighted to be joining The Restaurant Group as CEO at such an exciting time,” Hornby said. “This is a great business, with strong brands, committed colleagues and tremendous potential to grow.”Hornby has served in his current role since last year when GVC acquired the Ladbrokes Coral Group business. Prior to this, he was COO of Ladbrokes Coral.He has been with the group since 2011 when he joined Gala Coral, holding a number of senior roles such as chief executive of Coral and chief operating officer of Gala Coral, before the bookmaker merged with Ladbrokes in 2016.“Over the last eight years Andy has been instrumental in the turnaround and growth of the Ladbrokes Coral businesses,” GVC chief executive Kenny Alexander said of Hornby’s tenure with the operator.“The business has genuinely been transformed under Andy and I have really enjoyed working with him, and would like to thank him for his valuable contribution to the Group.”Prior to his time at GVC, Hornby was group chief executive of banking group HBOS. However, he stepped down from the role in 2008 when it had to be rescued by Lloyds TSB Group. HBOS now operates as a subsidiary of Lloyds.Hornby also spent time as chief executive of Alliance Boots, the pharmacy-led health and beauty group behind high street pharmacist Boots Group.Image: GCG Communications GVC’s Hornby to join The Restaurant Group 2nd May 2019 | By contenteditor Tags: Online Gambling OTB and Betting Shopslast_img read more

IG Group set to acquire Tastytrade for $1bn after record H1 revenue

first_imgTastytrade consists of two brands: media brand Tastytrade, which offers education to traders about options and futures markets; and brokerage platform Tastyworks, which boasts 105,000 active accounts and makes up 1.3% of the entire US equity options market by trading volume. This led to an operating profit increasing by 131.7% to £232.2m. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The deal is subject to approval from competition and regulatory authorities. IG Group said it expects the deal to close in the three months ended 31 August 2021, the first quarter of its 2021-22 financial year. 21st January 2021 | By Daniel O’Boyle IG also announced its financial results for the first half of its 2020-21 year today. Net trading revenue was up 67.1% year-on-year to £416.9m. The group paid £44.2m in tax, more than double its tax bill from the prior year, leasing to a post-tax profit of £187.1m, up 127.2% year-on-year. “I am thrilled to welcome Tastytrade to the IG Group family,” IG chief executive June Felix said. “This acquisition will materially expand and scale our business in the US and see us further diversify into the exciting high growth market of US retail options and futures, a market which is adjacent to IG’s core retail trading skill set.  Spread betting and contracts for difference (CFD) operator IG Group has agreed to acquire brokerage and “ trading education” platform Tastytrade for $1.0bn (£727.9m/€823.6m), after reporting record revenue for the six months ended 30 November 2020. IG Group said the acquisition also allows it to diversify its offering as Tastytrade focuses mostly on options and futures, which are popular assets in the US market, rather than spread betting and CFDs. Subscribe to the iGaming newsletter “The US market has more than 1.5 million retail traders and is the largest derivatives market in the world. Tastytrade has grown impressively and proven itself to be an innovative market disrupter passionately committed to delivering for their clients.  “Early on we knew Tastytrade was a very special company,” Sosnoff said. “While our long-term goal has always been to go global, we waited almost 10 years until we found the right partner and perfect match.  “Together we will focus on empowering the self-directed investor and change the way people perceive and engage with financial markets.” IG Group said the deal – consisting of a  $300m cash sum and 61.0m new IG Group shares priced at $11.47 each – allows it to enter the world’s largest derivatives market, the US, which it says includes around 1.5m retail traders. “Our strong brand, long-standing commitment to client service and improvements to our marketing capability have supported a record 238,600 clients trading with us during the first half of the financial year.” “The financial and strategic rationale underpinning this deal are compelling. I am confident that with our shared client-centric ethos, passion for innovation and growth, IG and tastytrade will prove a winning combination.” center_img “Together, tastytrade provides ambitious retail traders with the education and confidence to trade in derivative products, whilst tastyworks provides them with a powerful, modern and easy-to-use trading platform to utilise this knowledge,” IG’s board said. IG Group set to acquire Tastytrade for $1bn after record H1 revenue Topics: Results 2020 M&A Platform Sosnoff said the deal allowed Tastytrade to achieve its goal of becoming a global platform. After paying betting duty and accounting for interest on client funds and other operating income, its net operating revenue came to £420.4m, up 64.8%. M&A The market volatility and acquisition opportunities from the novel coronavirus (Covid-19) pandemic have significantly boosted the IG Group’s revenue. In the 2020 fiscal year, the group took in revenue of £649.2m, of which £259.5m was made in the three months ended 31 May 2020. The acquisition will also see four Tastytrade members join the IG Group board: chief executive Scott Sheridan, co-chief executives Tom Sosnoff and Kristi Ross and chief technology officer Linwood Ma. “Our financial performance metrics in the period have been outstanding, delivering record revenue and profits, with profit before tax 129% higher than the prior period,” Felix said. “This performance would not have been possible without the continued commitment of our people and the resilience and flexibility of our technology. After financial costs of £900,000, IG Group’s pre-tax profit totalled £231.3m, up 128.9%. Its operating costs, meanwhile, grew 22.1% to £188.2m. The IG Group paid £162.8m in operating expenses, up 18.0%, plus £25.4m in variable remuneration of staff, a 63.2% year-on-year increase. Email Address Regions: Europe US Of the cash sum required for the deal, £150m will come from new debt facilities and the remaining £68.3m from existing cash. Upon completion, Tastytrade shareholders will hold 14.1% of IG Group shares. Finally, IG Group said Tastytrade’s fast growth to a major player in the US brokerage market – with annual revenue growth averaging 49% between the 2018 and 2020 calendar years, showed it was a very strong business.last_img read more

I&M Holdings Limited (IM.ke) 2013 Abridged Report

first_imgI&M Holdings Limited (IMH.ke) listed on the Nairobi Securities Exchange under the Industrial holding sector has released it’s 2013 abridged results.For more information about I&M Holdings Limited (IMH.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the I&M Holdings Limited (IMH.ke) company page on AfricanFinancials.Document: I&M Holdings Limited (IMH.ke)  2013 abridged results.Company ProfileI&M Holdings Limited (I&M Bank Group) is a financial services institution providing products and services for the personal, commercial and corporate sectors in Kenya, Tanzania, Rwanda, Uganda and Mauritius. Its product offering ranges from transactional accounts, home and car loans and overdraft and term loans to e-commerce payment and salary processing services, trade finance and insurance premium financing services I&M Bank Group also provides services for foreign exchange, fund transfers, tax payment, bancassurance and agency banking. Its investment management division offers securities accounts and fiduciary services and facilitates the purchase and sale of securities from the stock market and invests in government securities. Its asset finance division caters for personal and corporate clients and covers vehicle and machinery purchases and cash management services. Its head office is in Nairobi, Kenya. I&M Holdings Limitedlast_img read more

Nigel Owens tells his side of the story relating to that controversial 2011 Rugby World Cup red card

first_imgMonday Jun 22, 2020 Nigel Owens tells his side of the story relating to that controversial 2011 Rugby World Cup red card Referee Nigel Owens has spoken about the controversial 2011 incident that saw him show a red card following a lashing out after some holding on at the breakdown. At the time, fans felt that the decision was not only harsh but also controversial as there was an apparent conflict of interests.ADVERTISEMENTIn an extremely physical and tense 2011 Rugby World Cup clash between the Springboks and Samoa, Samoan fullback Paul Williams was sent from the field after he lashed out at flanker Heinrich Brussow.Brussow had reacted, with strikes to Williams’ arms, as the Samoan fullback was holding on to him, preventing him from following play. So as Williams got up, he struck Brussow in the face with what most would say was a flat hand.The touch judge was called into action and after a consultation, Welsh referee Owens gave Williams his marching orders. There was somewhat of a backlash after the game.He has now spoken about the incident in an interview with Supersport’s Matthew Pearce.You can watch the full incident again below. What did you think of the decision? Let us know in the comments below!ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Big Hits & Dirty Play Related Articles 25 WEEKS AGO Suspensions handed down after testicle grabbing… 26 WEEKS AGO The ‘double ruffle’ splits opinion with fans… 26 WEEKS AGO WATCH: The nastiest and most brutal moments… 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 TodayNueeyIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingWrinkle Remedy Stuns TV Judges: Forget Surgery, Do This Once DailySmart Life Reports30+ 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

MA House / Plan:b arquitectos

first_img Photographs Projects “COPY” MA House / Plan:b arquitectos ArchDaily CopyAbout this officePlan:b arquitectosOfficeFollowProductsGlassSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesSanta Fe de AntioquiaPublished on July 14, 2016Cite: “MA House / Plan:b arquitectos” [Casa MA / Plan:b arquitectos] 14 Jul 2016. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPartitionsSkyfoldChoosing the Skyfold Wall for Your SpaceGlass3MSun Control Film – Prestige ExteriorShowerhansgroheShowers – Croma SelectWall / Ceiling LightsSpectrum LightingLED Downlight – Infinium 3″ Round FlangelessVentilated / Double Skin FacadeCosentinoDekton Cladding in LD Sevilla hotelSealantsSikaJoint SealingBeams / PillarsLunawoodThermowood Frames and BearersPorcelain StonewareApariciPorcelain Tiles – MarblesCeramicsTerrealTerracotta Facade in Manchester HospitalWindowspanoramah!®ah! CornerHome AppliancesGIRAGira Keyless in – Door communicationLightsLinea Light GroupIntegrated Lighting – Fylo+More products »Save想阅读文章的中文版本吗?哥伦比亚原始环境中的 MA 别墅 / Plan:b arquitectos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 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/791083/ma-house-plan-b-arquitectos Clipboard Architects: Plan:b arquitectos Year Completion year of this architecture project Photographs:  Alejandro Arango Manufacturers Brands with products used in this architecture project CopyHouses•Colombia Year:  2015 Colombia “COPY” Save this picture!© Alejandro Arango+ 26 Share Manufacturers: Indural, Mármoles y granitos de Alicante, RolformadosEcosystem:Tropical HumidFraming:Mario VillamilProject Direction:Felipe Mesa, Federico MesaDesign Team:Carlos Blanco, Daniel Tobón, Sebastián Serna, Anne Berkers, Gidka –Gloria Riberos, Laura Kate Correa, Esteban Hincapié, Maria Clara OsorioCountry:ColombiaMore SpecsLess SpecsSave this picture!© Alejandro ArangoRecommended ProductsResidential ApplicationsAccoyaAccoya® Wood in a Split-Level West Vancouver HomeSystems / Prefabricated PanelsInvestwoodCement-Bonded Particle Board – Viroc NatureResidential ApplicationsCymat Technologies Ltd.Hudson Valley Home, USA – Alusion™ Stabilized Aluminum FoamSystems / Prefabricated PanelsKalwall®Pre-engineered StructuresText description provided by the architects. This project is located in a tropical dry forest ecosystem, with an average annual temperature of 28 degrees Celsius that is uniform throughout the year, a feature Cauca River Valley. Because of this, bioclimatic factors such as the generation of shadow or the use of natural ventilation were decisive in the design.Save this picture!© Alejandro ArangoTOPOGRAPHYThis house adapts to the topographical conditions of a lot that was modified earlier: a sloping hillside was cut to produce a flat area and a large rear slope. Given this condition the house makes use of the flat area, but try to restore the profile of the mountain locating the high areas with two levels to the back, and the low areas shaded to the front. In section, we define a low corridor to the landscape and rooms with two levels towards the slope, connected through an inclined reinforced concrete roof that leads the passage of the wind currents from the low to the high areas.Save this picture!Site PlanMODULES In plan the house is defined by four modules coiled around a tree and the distant landscape of the Cauca River. The first module contains the master bedroom, the second and fourth modules contain two guest bedrooms each, and the third has the social and services areas. These modules connected by a corridor define a concave exterior space where the pool and recreation areas are located. Fragmentation in modules and angle changes allow the house to increases its facade area exposed to natural air currents and thereby increase its permeability.Save this picture!© Alejandro ArangoSave this picture!Structural SchemeSave this picture!© Alejandro ArangoCORRIDOR In this case, as in the traditional architecture of the region, the corridor acts as an open, elongated shadow area to hang hammocks and watch the distant landscape; To control the sun and to close this area in some cases, large sliding metal doors were designed with a pattern of 60% perforation, allowing natural ventilation even at times when the space is not open. The house has been located so that the corridor remains shaded almost all year.Save this picture!© Alejandro ArangoSave this picture!© Alejandro ArangoProject gallerySee allShow lessFour Outstanding Housing Projects Win 2016 AIA/HUD Secretary AwardsArchitecture NewsCity of London Building Award 2016 Winners AnnouncedArchitecture News Share MA House / Plan:b arquitectosSave this projectSaveMA House / Plan:b arquitectos ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/791083/ma-house-plan-b-arquitectos Clipboard Houseslast_img read more

Single Houses in Bory Tucholskie / MAKA.STUDIO

first_imgSave this picture!© Jakub Nanowski – perspektywa+ 27Curated by Paula Pintos Share Photographs:  Jakub Nanowski – perspektywa Photographs Poland ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/952875/single-houses-in-bory-tucholskie-maktudio Clipboard “COPY” 2020 Area:  420 m² Year Completion year of this architecture project “COPY” Single Houses in Bory Tucholskie / MAKA.STUDIOSave this projectSaveSingle Houses in Bory Tucholskie / MAKA.STUDIO Architects: MAKA.STUDIO Area Area of this architecture project Projectscenter_img CopyHouses•Poland Year:  Design Team:MAKA.STUDIOColaboradores:wiktor kurc, aleksandra kurc, paweł pożoga, beata belka, aneta kellerMEP, HVAC:andrzej najdowskiMEP:adam lindaStructure:sebastian nitzkiLandscape :Agnieszka DurlikCountry:PolandMore SpecsLess SpecsSave this picture!© Jakub Nanowski – perspektywaRecommended ProductsWoodTechnowoodPergola SystemsWoodGustafsWood Veneered Wall & Ceiling PanelsDoorsAir-LuxPivoting DoorDoorsVEKADoors – VEKAMOTION 82Text description provided by the architects. Complex of two single-family houses situated on the shoreline of the lake. A plot of land with a south entrance and steep slope was a design challenge.Save this picture!© Jakub Nanowski – perspektywaSave this picture!ElevationsSave this picture!© Jakub Nanowski – perspektywaThe concept is to reverse the night and day zones. The night zone is on floor -1, while the day zone is available on floor 0. The building uses the natural terrain – it flows down with the surroundings. Thanks to this, the living area is higher and we get a greater panorama of the lake, and the two-storey blocks of buildings, partially hidden in the slope, do not disturb the scale of the town and fit into the existing area.Save this picture!© Jakub Nanowski – perspektywaSave this picture!Floor PlanSave this picture!© Jakub Nanowski – perspektywaA steep slope of the plot separates the private part of the gardens from the street, creating a calm green zone overlooking the lake. By using natural, noble materials such as wood, stone or brick, the buildings blend in with the surroundings and complement it.Save this picture!© Jakub Nanowski – perspektywaProject gallerySee allShow lessCVU Apartment / flipê arquiteturaSelected ProjectsDowntown Restaurant / Iván Quizhpe ArquitectosSelected Projects Share Single Houses in Bory Tucholskie / MAKA.STUDIO wiktor kurc Houses ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/952875/single-houses-in-bory-tucholskie-maktudio Clipboard ArchDaily Lead Architect: CopyAbout this officeMAKA.STUDIOOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesOn FacebookPolandPublished on December 15, 2020Cite: “Single Houses in Bory Tucholskie / MAKA.STUDIO” 14 Dec 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogSinkshansgroheBathroom Mixers – LogisVinyl Walls3MExterior Vinyl Finish – DI-NOC™ StonePartitionsSkyfoldWhere to Increase Flexibility in SchoolsTiles / Mosaic / GresiteCupa PizarrasVentilated Facade – CUPACLAD UprightGlassLAMILUXGlass Roof PR60ConcreteKrytonCrystalline Waterproofing – KIMSkylightsVELUX CommercialAtrium Longlight Skylights in ExperimentariumMetal PanelsLorin IndustriesAnodized Aluminum – Copper FinishesStonesFranken-SchotterWall Covering & CladdingWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusSwingsStudio StirlingHanging Chair – BasketWallcovering / CladdingArrigoni WoodsWood Cladding – AcousticMore products »Save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 streamlast_img read more

Lawyers support special education

first_img  21 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Northern Ireland barristers have given a £25,000 donation to a charity that supports special education for children with autism. The money was raised by members of the bar council. The donation will be used by SPEAC (Special Provision for the Education of Autism Children) to refurbish premises and provide equipment at its special school at Tor Bank in Belfast. SPEAC require £200,000 a year to provide the specialist ABA tuition, with 77.5% of this expenditure spent on the School, 17.5% spent on outreach and dissemination and 5% on Management and Administration. Advertisement Tagged with: Ireland Howard Lake | 14 July 2006 | News Lawyers support special education AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 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

WWP hosts Philly socialism conference

first_imgUNITE HERE Local 7 member Sara Benjamin at socialist conference, Sept. 13.WW photo: Joseph PietteSome 100 community members, students and activists attended the Philadelphia Workers World Party Socialism Conference on Sept. 13 held at the historic Church of the Advocate, a center of struggle for Black liberation.Speakers included WWP First Secretary Larry Holmes; secretariat members Deirdre Griswold and Sara Flounders; Berta Joubert-Ceci, leader of the Philadelphia branch of Workers World; Scott Williams from Fight Imperialism, Stand Together; and Pam Africa, leader of the MOVE organization and the International Concerned Family and Friends of Mumia Abu-Jamal.Temple student activist Katherine Mejía from People Underground for Revolutionary Progress; immigrant activist María Serna; Lamont Lilly, anti-police brutality activist from North Carolina; and Dr. Anthony Monteiro, long-time revolutionary activist from North Philadelphia, were also featured speakers.The conference’s three segments addressed the tasks at hand for the working class and oppressed in the U.S. — the center of world imperialism; the need for a globally united working class to combat capitalist oppression and environmental destruction; and why only socialism can overthrow capitalism and liberate the working class.Several speakers raised the resistance to racism and police brutality exemplified by the uprisings in Ferguson, Mo. As the U.S. ruling class again bangs its war drums, this time with Syria in the crosshairs, conference participants opposed yet another U.S. war. Joyce Chediac, Lebanese-American activist, editor of “Gaza: Symbol of Resistance” and another of the featured speakers, said the U.S. ruling class and military are the primary enemy, not ISIS. She called the heroic resistance in Gaza a setback to Israeli occupation.U.S. imperialism’s systematic destruction of and attacks on progressive organizations in the Middle East left a vacuum for ISIS to gain footholds in the region, Holmes pointed out. Speakers agreed unanimously that there can be no peace or stability in the Middle East while the U.S. bombs people, invades countries and overthrows governments with impunity.Holmes called for principled unity on the left in the face of unbridled capitalist destruction.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Servicing is More Complex Than Ever With Constantly Changing Rules and Policies

first_imgHome / Daily Dose / Servicing is More Complex Than Ever With Constantly Changing Rules and Policies Tagged with: 2015 Five Star Conference and Expo mortgage servicing Servicers The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University. in Daily Dose, Featured, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago September 19, 2015 1,176 Views Servicing is More Complex Than Ever With Constantly Changing Rules and Policies Previous: Five Star, Auction.com, Operation Homefront Honor Veterans With Mortgage-Free Homes Next: With TRID Looming, Compliance in Housing is More Critical Than Ever Related Articlescenter_img Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Xhevrije West Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save 2015 Five Star Conference and Expo mortgage servicing Servicers 2015-09-19 Brian Honea New regulations and federal oversight have servicers constantly under the gun. They must learn the rules of the road for creating effective compliance and business development strategies in today’s evolving servicing market.As the practice of mortgage servicing continues to undergo sweeping changes—from SPOC to consent orders and everything in between—servicing finds itself in a near constant state of evolution, mired with rules and policy that make today’s practice more complex than ever.In the 2015 Five Star Conference Servicing Lab, a series of panels and speakers addressed topics such as complaints, regulation, and compliance surrounding the servicing industry.The lab was directed by David B. Little, EVP of Servicing at US Bank. It was hosted by ServiceLink, a Black Knight Company and co-hosted by Home Servicing, Stewart, Safeguard Properties, The Collingwood Group, and Seneca Mortgage Servicing.Eric Selk began the lab discussion by explaining the communication gap that servicers face with borrowers.”It’s all about creating the best relationship and creating action with the borrower,” Selk noted. “This is done by simplifying communication between servicers and borrowers.””It’s all about creating the best relationship and creating action with the borrower.” The next topic addressed was borrower complaints. Paul Nagai, Principal, Ernst & Young kicked off this intense conversation by differentiating inquiries or actual complaints among consumers.”Correctly categorizing complaints is a big issue in the industry,” Nagai said. “The key is figuring out if the customer has an inquiry or an actual complaint.””Think of yourself as a customer, how would you want to be treated,” he added.Ramie Word, VP of Foreclosure, Nationstar Mortgage added, “Complaints are not new. One of the new things is sorting through these complaints.”John Kennedy, Director, Credit Portfolio Management, Fannie Mae threw in the importance of creating a single point-of-contact when borrowers submit complaints.”Fannie Mae is passionate about customer service,” Kennedy said. “We have a philosophy: Treat customers like family. They have a serious issue and they need you.”We do our best to face this everyday with open arms to help them,” he added.Nick Volpe, Vice President of Product Management, First American Mortgage Solutions also noted that “communication can be confusing for borrowers, they don’t understand. It’s inherently confusing if they are they are not in our industry.”Danielle Johnson-Kutch, deputy chief, Homeownership Preservation Office at U.S. Department of the Treasury provided an update on the Making Home Affordable, Hardest Hit Fund, and Home Affordable Modification Programs.Meanwhile, Meg Burns, Managing Director, The Collingwood Group provided a glimpse into the politics surrounding Washington, D.C., and how this affects the mortgage industry.To wrap up the lab, a panel discussed servicing transfers and how to handle these within the industry.Editor’s note: The Five Star Institute is the parent company of DS News and DSNews.com. Subscribelast_img read more

Donegal Bingo player wins four-figure sum

first_img Publicans in Republic watching closely as North reopens further Google+ Facebook Google+ By News Highland – December 27, 2020 Donegal Bingo player wins four-figure sum RELATED ARTICLESMORE FROM AUTHOR WhatsApp Arranmore progress and potential flagged as population grows A Donegal Bingo player turned a small punt into a four-figure sum in the space of a couple of minutes.The anonymous punter took a punt in a BoyleSports shop in the county today in the hope that their six bingo numbers were called out in store.A jackpot of €100,000 was up for grabs if the selected numbers are the first six drawn.The numbers were 1, 3, 11, 13, 31 and 33 and were revealed within the first 13 numbers, meaning their €40 betslip increased in value to €8,000.Sarah Kinsella, spokesperson for BoyleSports said it was a lucky punt that has paid off in style. Twitter Previous articleGardai arrest disqualified driverNext articleGardaí investigating robbery at Glencar, Letterkenny News Highland center_img Twitter Facebook Pinterest Loganair’s new Derry – Liverpool air service takes off from CODA WhatsApp Nine til Noon Show – Listen back to Monday’s Programme Community Enhancement Programme open for applications Renewed calls for full-time Garda in Kilmacrennan Pinterest Homepage BannerNewslast_img read more