Seelenkiste – Spirit Shelter Finding Arcadie / allergutendinge

first_imgSave this picture!Courtesy of allergutendinge+ 28 Share CopyHouses, Small Scale•Germany Houses ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Seelenkiste – Spirit Shelter Finding Arcadie / allergutendinge Architects: allergutendinge Area Area of this architecture project Photographs: Courtesy of allergutendingeDeveloped With:Michael Loudon, Daniel ReischAssistance:Daniel ReischArchitects In Charge:Matthias Prüger, Manuel Rauwolf, Ulrike WetzelCountry:GermanyMore SpecsLess SpecsSave this picture!Courtesy of allergutendingeRecommended ProductsExterior DeckingAccoyaAccoya® DeckingEnclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreBulbs / Spots / Wall LightsiGuzziniLight Effects – TrickWoodParklex International S.L.Wood cladding – FacadeText description provided by the architects. The dream of Arcadia has been deeply rooted in european culture for centuries.On the one hand the term describes a real swath of land in antique Greece. On the other hand it is an idea for an emotional hideaway, to live in harmony with yourself and nature.Save this picture!Courtesy of allergutendingeLike the idea of Arcadia the Spirit Shelter consists of two main parts. The research section provides tools to discover the physical world, the wilderness.Save this picture!Section 1In the sleeping section there is space for meditation and self-exploration. In order to find one‘s personal Arcadia the Spirit Shelter is designed mobile. The woodframe construction can be disassambled and transported to any scenery.Save this picture!Courtesy of allergutendingeProject gallerySee allShow lessAn Interactive Look at Japan’s Tall Building HistoryArchitecture News#donotsettle: User-Oriented Architecture VloggingVideos Share ShareFacebookTwitterPinterestWhatsappMailOr Clipboard CopyAbout this officeallergutendingeOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesOtherSmall ScaleHousesGermanyPublished on May 07, 2015Cite: “Seelenkiste – Spirit Shelter Finding Arcadie / allergutendinge” 07 May 2015. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogVentilated / Double Skin FacadeTechnowoodClick Façade SystemWindowsMitrexSolar WindowMetal PanelsAurubisOxidized Copper: Nordic BrownAcousticKvadrat AcousticsAcoustic Panel System in AMOREPACIFIC HeadquartersStonesCosentinoSilestone® Surfaces – Loft SeriesWoodLunawoodThermo Timber and Industrial ThermowoodLightsLouis PoulsenOutdoor Lighting – Flindt PlazaTiles / Mosaic / GresiteLove TilesPorcelain Tiles – NestAluminium CompositesMetawellAluminum Panels for Interior DesignMetallicsRHEINZINKZinc Roof Systems – Double Lock Standing SeamStoolsWilkhahnOffice Stool – Aline-SBulbs / Spots / Wall LightsUniosHorticultural Luminaire – Kobe FloMore products »Read commentsSave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 stream Seelenkiste – Spirit Shelter Finding Arcadie / allergutendingeSave this projectSaveSeelenkiste – Spirit Shelter Finding Arcadie / allergutendinge 2012 Year: “COPY” Projects ArchDaily Area: 8 m² Area: 8 m² Year Completion year of this architecture project Year: Photographs Germany 2012 “COPY”last_img read more

Casa a l’aspre / nomarq | estudi d’arquitectura

first_img 2013 “COPY” ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Projects CopyAbout this officenomarq | estudi d’arquitecturaOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesOrbaSpainPublished on April 25, 2016Cite: “Casa a l’aspre / nomarq | estudi d’arquitectura” 25 Apr 2016. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogMetal PanelsAurubisCopper Alloy: Nordic BrassGlassMitrexSolar GreenhouseLouvers / ShuttersTechnowoodSunshade SystemsFaucetsDornbrachtKitchen Fittings – EnoWoodSculptformTimber Tongue and Groove CladdingMembranesEffisusFaçade Fire Weatherproofing Solutions in Design District Project LondonHanging LampsLouis PoulsenPendant Lights – KeglenBlinds / Mosquito Nets / CurtainsBANDALUXPleated ShadesEnclosures / Double Skin FacadesFranken-SchotterFacade System – LINEAWoodBlumer LehmannCNC Production for Wood ProjectsMaterials / Construction SystemsCaneplex DesignPoles – Tonkin BambooFibre Cement / ConcreteTegralFibre Cement Slate Roofing – Thrutone Endurance SmoothMore products »Read commentsSave想阅读文章的中文版本吗?l’aspre – 半山上的水泥住宅 / nomarq | estudi d’arquitectura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 ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Photographs: Milena Villalba Save this picture!© Milena VillalbaRecommended ProductsDoorsSolarluxBi-Folding Doors – EcolineDoorsLibartVertical Retracting Doors – Panora ViewDoorsJansenDoors – Folding and SlidingDoorsVEKADoors – VEKAMOTION 82Text description provided by the architects. The project of this house is located in a plot with an exagerated slope. For a proper use of all the plot it was decided to locate the house approximately in the middle of the available land, so the side towards Segaria Street in “Urbanización l’Aspre” picks up the main access, garage, swimming pool and basically the representative part of the house, while in the southern part of the house plot services program is resolved.Save this picture!© Milena VillalbaThe section is projected so that the ground floor coincides with the living area and in the first floor it is located the night area of the house; the high ceiling on the entrance, upon which rests the study room, expands and distributes from the central nucleus the different parts of the program.Save this picture!1st Floor PlanThe main piece, looking for framing the landscape of the sea, extends itself towards the facade in a pronounced cantilever which shows the slope of the plot and defines, by its shadows, the parking area. The night piece at the end of the plot contains the sleeping area situated in the east side of the piece in purpose to keep the privacy of the people who is living there, and the study room in the west side, from which they can acces to the lower floor cover.Save this picture!© Milena VillalbaThe irregularity of the plants comes from the adaptation of two original prisms to attemp to preserve part of the existing vegetation, incorporating it to the project. This irregular shape favors views between different parts of the home that incorporate the landscape of the valley of Girona river, contextualizing the contrast with the enviroment. The way to design the house with beam-wall of reinforced concrete, and its malleability, ease of execution and rigidity, allows us to reach a 9,5m cantilever and helps to understand the volumes of the house in its most expressive way.Save this picture!© Milena VillalbaSave this picture!SectionSave this picture!© Milena VillalbaAbout the treatment of the exterior areas, it tries to maintain the image of the agricultural terraces, now disused, which mark out the area of the plot and make it descend by the northern slope of the mountain. For the location of the swimming pool and to form its “beach”, is widened on of these terraced fields until build the main outdoor stay of the house, an area that sequence the pedestrian and vehicular acces and it also enjoys the spectacular views of the living/dining room, due to the altitude.Save this picture!DiagramThe main facades of the house are oriented to the valley and the west facade frames, on first floor, the views to the “Castellet”, an historical reference for the people in Orba; the rest facades are intended to, with a simple composition, satisfy the relations beetween the rooms and the enviroment, providing ventilation and natural lighting throughout the house.Save this picture!© Milena VillalbaThe idea of architecture expressed in this project, not only diverge from the buildings of its enviroment regards to their constructive solution, but the architectural language is necessarily remote from the one which is generally used in all the urbanization.Save this picture!© Milena VillalbaIt’s a modern project that fowards regarding organization, shape, structure, construction and language to the identification of the requirements of the customer in a unitary way.Save this picture!© Milena VillalbaProject gallerySee allShow lessZaha Hadid Architects Begins Construction on NürnbergMesse Hall 3CUnbuilt ProjectDeventer Town Hall Interior / atelier PROSelected Projects Share CopyHouses•Orba, Spain Save this picture!© Milena Villalba+ 20 Share Spain Architects: nomarq | estudi d’arquitectura Area Area of this architecture project Houses Photographs Year: Area: 240 m² Year Completion year of this architecture project Casa a l’aspre / nomarq | estudi d’arquitectura “COPY” Casa a l’aspre / nomarq | estudi d’arquitecturaSave this projectSaveCasa a l’aspre / nomarq | estudi d’arquitectura ArchDailylast_img read more

10 small charities win fundraising licence competition

first_img10 small charities win fundraising licence competition Howard Lake | 10 June 2013 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Ten small charities have won public fundraising collection opportunities as part of Small Charity Week (17 – 22 June).Creating Better Futures, Mencap Liverpool, Spark Inside and COCO have won the licenses to collect in shopping centres and train stations in London, Newcastle, Cambridge, Cardiff, Glasgow and Liverpool.In addition MS-UK, Ydance, Karmic Angels, the Pirate Castle and Teens Unite Fighting Cancer have won both collecting licenses and street performers to attract the public to their fundraising pitch, ranging from dancers and balloon artists to belly-dancers. Advertisement 6 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis All the winners will also receive a free JustTextGiving by Vodafone fundraising pack including a large personalised banner for each charity and balloons.Pauline Broomhead, CEO of the FSI, the charity behind Small Charity Week, said that, without support from their local community, many small charities may be forced to close.She added: “That is why we feel it is so important to offer small charities the opportunity to engage with their local community as part of Fundraising Day – not only do we hope they will raise some funds on the day itself, we also hope this may lead to some new longer term connections with members of the public”.Fundraising Day of Small Charity Week will take place on 21 June. 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 Researching massive growth in giving.last_img read more

Interview with Donbass media on Trump: When fascists rear their heads, it’s no time to ‘wait & see’

first_imgGreg Butterfield, on left holding banner.Following are excerpts from an interview with Workers World contributing editor Greg Butterfield published on the website Lugansk Comments on Jan. 19, before the J20 and J21 demonstrations against Trump. His remarks are still valid after these massive protests.Lugansk Comments: Donald Trump’s victory caused a very strong reaction in U.S. society. Why? If Hillary Clinton had won, would the protests have been the same?Greg Butterfield: Donald Trump’s election campaign attacked the most vulnerable and oppressed sectors of the working class in the United States. His often crude attacks against immigrants and refugees, against Muslims, against the fundamental rights of women and African Americans to equality and respect, against labor unions, gained him support from powerful capitalists and the police, disgruntled members of the middle classes and some workers. Trump’s demagogy created a political climate where neo-Nazis could raise their heads and have a claim to legitimacy in the mass media.Since Trump’s election in November, incidents of racist and xenophobic violence have skyrocketed. Fascists and other reactionaries feel emboldened by his victory. Trump’s cabinet appointments of billionaires from some of the largest monopoly corporations have encouraged bosses to harden their anti-union position. His appointments of some of the worst U.S. war criminals, and his public threats against numerous countries — China, Iran, Mexico, Cuba, Venezuela and North Korea, to name a few — promise a further expansion of U.S. wars abroad.For all these reasons, many workers, youth and other sectors of the population see Trump’s ascendancy to the most powerful political office in the world as a threat to their very existence — the same way that millions of people in Russia and Donbass felt Hillary Clinton was a threat to theirs.This is why tens of thousands of people, especially young people, have taken to the streets to protest Trump in the days and weeks since his election.On Jan. 20, thousands of people will travel to Washington, D.C., for protests against Trump’s inauguration. Mass protests are also planned that day in hundreds of cities and towns, not only in the U.S. but worldwide, from Vancouver to Manila. I am helping to organize one of the Washington demonstrations, called J20 Resist: Against Trump as the new face of U.S. imperialism, against racism, sexism and all oppression, against both the Republican and Democratic parties of capitalism, and to fight for a socialist future.If Hillary Clinton had been elected, we would still be protesting on Jan. 20, although the immediate response from masses of people might have been less. For many decades, the U.S. ruling class has cultivated a popular view of the Democratic Party as the party of working people, oppressed minorities and women, and the Republican Party as the party of open white supremacy and big business rule. This allows them to switch back and forth when one or the other party falls out of favor. In reality, both parties carry out the same fundamental program of defending the wealthy, oppressing the poor and waging war on the people of the world.L.C.: What is the role of the U.S. left forces in the protest movement against Trump? What are the demands put forward by the U.S. left? How do they see the future of the United States?G.B.: The left movement is the backbone of the resistance to Trump. In some cases, the Democratic Party tries to take over or influence the demands of the movement in various ways — such as with its attacks on Russia. But we are used to dealing with this kind of behavior.The last decade has seen important breakthroughs in the class struggle in the U.S., which have given hope to people struggling against U.S. imperialism all over the world. It began in 2006 with the mass movement of immigrant workers demanding legal recognition and rights. These workers, many from Mexico and Central America, brought their militant traditions with them.Through them, May Day was revived as a day of struggle for the whole working class. Occupy Wall Street and the fight for a $15 minimum wage mobilized young people who saw no future for themselves under capitalism. The Black Lives Matter movement brought people into the streets against the most egregious racist violence by the state.All these movements grew up in opposition to a Democratic Party administration as well as a Republican Congress. The young people who bring life to these movements understand that neither capitalist party has any solutions to offer them. It is our task to win these young people to a revolutionary, internationalist and socialist perspective.One of our big challenges is to broaden the anti-imperialist, anti-war perspective of the movement. There are good signs, such as the growth of solidarity between the Black Lives Matter movement and the Palestinian struggle against Israeli occupation. But we still have much work to do.L.C.: What are your demands regarding relations with Russia, ending the war in Donbass and the violation of human rights by the Ukrainian regime?G.B.: While Trump has made overtures to Russia, we know that imperialism is a system which does not change its nature when one ruling class faction pushes aside another. Of course, we understand that countries facing U.S. aggression must take advantage of any opportunity to gain a breathing space and strengthen their defenses. But it would be a dangerous mistake for people anywhere in the world to put faith in Trump to fundamentally change U.S. imperialism’s drive to war and expansion. Only the revolutionary struggle of the workers and their allies can stop imperialist war, as the people of Russia proved so magnificently 100 years ago.In this regard, I have seen some commentators, who call themselves friends of Russia and Donbass, compare our protest movement against Trump with the Maidan. In fact it is just the opposite. Trump is a wealthy oligarch and right-wing demagogue, like those Ukrainian oligarchs who funded the neo-Nazis on Maidan Square and the massacre of May 2, 2014, in Odessa. The program of Trump’s supporters is to foment racial and national hatred, scapegoat the poorest and most defenseless, and employ violence and slander against their opponents — just as the Maidan fascists did. Our movement against Trump is part of the same historic current as the anti-fascist resistance in Ukraine and the Donbass republics.As communists, we have learned the lessons of history, from the Great Patriotic War to the recent history of Ukraine and Donbass. When fascists rear their heads, it is not the time to “wait and see” what will happen. It is time to organize and take action to demand our rights and push back the ultraright, as the people of Donetsk and Lugansk did in 2014.For our part, on J20 and afterward, we will continue to stand in solidarity with the free people of Donbass and those suffering under the Ukrainian regime, while also fighting Trump.The complete interview can be read at FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

In U.S., thousands support heroic Palestinian fightback

first_imgPalestinian resistance continues against the state of Israel’s destruction of their homes, seizure of their land, assassination of their leaders and slaughter of their people. This genocidal attack was first made possible by the might and sponsorship of European colonialist powers. The onslaught on Palestine has since been protected and propped up by U.S. military funding for the promotion of U.S. economic and political interests. Recognition of the Palestinian struggle as an Indigenous, anti-colonial, anti-imperialist struggle is growing in the U.S., as seen in recent demonstrations of thousands supporting the current heroic Palestinian fightback. Rallies took place May 15 to coincide with the anniversary of the 1948 Nakba, when Israel expelled over 700,000 Palestinians from their homes and razed as many as 600 Palestinian villages. Protests stretched from coast to coast and deep into the U.S. heartland. In Memphis, Tenn., a crowd of hundreds chanted: “Occupation is a crime from Memphis to Palestine!” while marching to the National Civil Rights Museum. In Louisville, Ky., a student organizer said, “We have a duty to speak up because our own tax dollars are funding the Israeli military.” In Phoeniz, Ariz., a marcher emphasized the protest was to “reaffirm our commitment to the Palestinian people’s struggle, for justice, return and liberation.” ( Here are on-the-ground reports from just a few of the many marches. In Boston, thousands of Palestinians, Muslims, Jewish supporters and all religious groups joined with prison abolitionists, Black Lives Matter, im/migrant rights, union, LGBTQ2S+, disabled and military veteran activists for a spirited rally and call to action. Beginning in Copley Square, protesters expressed their organized grief, rage and growing determination to bring an end to the U.S.-backed Israeli regime’s war and occupation of Palestine. Boston (WW Photo: Steve Gillis)Brooklyn, N.Y. (WW Photo: Toni Arenstein)Brooklyn, N.Y. (WW Photo: Monica Moorehead)Brooklyn, N.Y. (WW Photo: Toni Arenstein)Paterson, N.J. (Photo: Mohammed Abdegani)Philadelphia (WW Photo: Joe Piette)Buffalo, N.Y. (WW Photo: Ellie Dorritie)Cleveland (WW Photo: Susan Schnur)Raleigh, N.C. (WW Photo: Durham, N.C. bureau)Atlanta (WW Photo: Christian Noakes)Thousands gather in Houston, May 15. (WW Photo: Gloria Rubac)Portland, Ore. (WW Photo: Lyn Neeley)San Francisco. (WW Photo: Judy Greenspan)1234567891011121314 read more

Los Angeles County Announces 22 New COVID-19 Deaths

first_img Subscribe 16 recommended0 commentsShareShareTweetSharePin it Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. County health officials announced 22 new deaths and 978 new cases of the Coronavirus on Monday.To date, 55,968 positive cases of the virus have been identified in LA County, leading to 2,384 deaths.“This is a very difficult time in our communities, and there are many people who are experiencing the profound sorrow of loved ones who have passed away from COVID-19. We are deeply sorry for your loss. Please know we think of you every day,” said Barbara Ferrer, director of public health.Ninety-three percent of people who died had underlying health conditions. Of those who died, information about race and ethnicity is available for 2,200 people (99 percent of the cases reported by Public Health) 41 percent of deaths occurred among Latino/Latinx residents, 28 percent among White residents, 17 percent among Asian residents, 12 percent among African American residents, 1 percent among Native Hawaiian/Pacific Islander residents and 1 percent among residents identifying with other races.Upon further investigation, six cases reported earlier were not LA County residents. As of today, 6,528 people who tested positive for the virus (12 percent of positive cases) have been hospitalized at some point during their illness. There are 1,357 people who are currently hospitalized, 28 percent of these people are in the ICU and 18 percent are on ventilators. Testing capacity continues to increase in LA County, with testing results available for nearly 612,000 individuals and 8 percent of people testing positive. Community News CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Make a comment Name (required) Mail (required) (not be published) Website Top of the News Herbeauty10 Secrets That Eastern Women Swear By To Stay Young LongerHerbeautyHerbeautyHerbeautyYou Can’t Wear Just Anything If You’re The President’s DaughterHerbeautyHerbeautyHerbeautyThe Real Truth About The Pain Caused By MicrobladingHerbeautyHerbeautyHerbeautyThis Trend Looks Kind Of Cool!HerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeauty More Cool Stuffcenter_img STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Business News Your email address will not be published. Required fields are marked * STAFF REPORT First Heatwave Expected Next Week Community News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News Los Angeles County Announces 22 New COVID-19 Deaths 978 new cases confirmed on Monday CITY NEWS SERVICE Published on Monday, June 1, 2020 | 1:54 pmlast_img read more

Purdy Selects FotoNotes as Technology Solution

first_img Purdy Selects FotoNotes as Technology Solution FotoNotes Purdy Enterprise 2017-06-19 Staff Writer Print This Post Related Articles June 19, 2017 1,455 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe Sign up for DS News Daily Home / Featured / Purdy Selects FotoNotes as Technology Solution About Author: Staff Writer Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: The Week Ahead: Summit on Housing, Human Capital, and Inequality Next: Tear-Down Starts Boast Year-Over-Year Increase Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago in Featured, Headlines, News The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Purdy Enterprise, a property services firm, has selected FotoNotes, a leading mobile and cloud field service management platform, as its technology solution for managing property inspections, maintenance work orders and other field service activities. Purdy Enterprise, which offers a comprehensive range of field services, maintenance, property management, and investor services, was recently awarded two Field Service Management (FSM) contracts from the U.S. Department of Housing and Urban Development (HUD).“We selected FotoNotes because the product is highly configurable and constantly improving, provides a cutting edge mobile experience, has a highly robust and reliable cloud and web based backend, is API friendly, and is significantly helpful to our field subcontractors,” commented Purdy COO, Mitch Davidson. “We also based our decision on the fact that the FotoNotes people are fantastic to work with regarding both development and an ongoing service relationship.” FotoNotes was selected because of its reputation in the industry, best in class Android and iOS mobile apps, comprehensive back office work flow management features, and full integration with Yardi’s HUD P260 system“We’re thrilled to be working with Purdy Enterprise” said Kamal Shah, FotoNotes’ CEO and founder. “They are established leaders in property services and true innovators in the use of leading technology tools to operate their business more effectively.” Tagged with: FotoNotes Purdy Enterprise Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

Mortgage Loan Delinquencies Record Highest Spike in Two Years

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily 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 Delinquencies Mortgage Loans 2020-07-02 Mike Albanese Previous: Reshaping Debt Collection Next: 4.8M Jobs Added in June The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Krista F. Brock July 2, 2020 2,424 Views Servicers Navigate the Post-Pandemic World 2 days ago Subscribecenter_img in Daily Dose, Featured, Foreclosure, News Krista Franks Brock is a professional writer and editor who has covered the mortgage banking and default servicing sectors since 2011. Previously, she served as managing editor of DS News and Southern Distinction, a regional lifestyle publication. Her work has appeared in a variety of print and online publications, including Consumers Digest, Dallas Style and Design, DS News and, MReport and She holds degrees in journalism and art from the University of Georgia. The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Mortgage Loan Delinquencies Record Highest Spike in Two Years Share Save Demand Propels Home Prices Upward 2 days ago Mortgage Loan Delinquencies Record Highest Spike in Two Years The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles Tagged with: Delinquencies Mortgage Loans Mortgage loan delinquencies spiked at their steepest rate in the past two years last month, according to the latest data from Fitch Ratings. New delinquencies rose among all types of loans.Non-prime loans experienced the greatest annual increase in delinquencies in June, rising 21.8%. Expanded prime loans charted the second-highest increase, a 12.2% rise. RPL loans experienced a 6.4% annual incline, while prime loan delinquencies rose 5.5%.Fitch noted that the new delinquencies are more a result of “the borrower’s ability to repay (FICO, employment status, DTI, etc.) rather than borrower’s incentive to pay (LTV).For example, non-prime loans and expanded prime loans to self-employed borrowers are twice as likely to fall delinquent in May as loans to “waged” workers with the same loan types.“FICO is a primary driver of delinquency rates,” Fitch said, noting that among Prime 2.0 loans, the delinquency rate for borrowers with FICOs of 675-750 was more than three times higher than for borrowers with FICO scores above 725.On the other hand LTV does not correlate strongly with delinquency status, according to Fitch. “The amount of equity borrowers have in the home is not a primary driver for whether the monthly mortgage gets paid.”With many mortgage loans in a state of forbearance, Fitch also noted in its report that, “Fitch views deferrals as a significant liquidity risk to transactions.”Also, with mortgage rates low, refinance activity has been active, which translates to conditional prepayments, which Fitch generally views as “credit positive.” However, the rating agency did say that when voluntary repayments are high the result can be an “increased likelihood of adverse selection of loans remaining within the pool.”Looking forward, Fitch says the housing market, and home prices, in particular, will depend on “the unemployment rate as well as income and rent growth.” Fitch expects home price growth to slow and even reverse in some markets.last_img read more

30 new jobs created by IT firm in Derry

first_img 365 additional cases of Covid-19 in Republic Previous articleHighland’s Farming News – Thursday 26th FebruaryNext articleMadonna: Brits fall left me with whiplash News Highland WhatsApp Gardai continue to investigate Kilmacrennan fire 75 positive cases of Covid confirmed in North Facebook Further drop in people receiving PUP in Donegal Google+ Main Evening News, Sport and Obituaries Tuesday May 25th Man arrested on suspicion of drugs and criminal property offences in Derry Pinterest IT firm Kainos has announced a major expansion that will create 403 new jobs across NI – 30 of them in Derry.The company currently employs more than 700 people across the North, Britain and Poland.Kainos is a leading digital technology solutions company with customers in the USA and in continental Europe.Foyle MP Mark Durkan says while the majority of the new jobs went to Belfast, they still have to be welcomed:Audio Player Up/Down Arrow keys to increase or decrease volume.center_img Pinterest Facebook Homepage BannerNews RELATED ARTICLESMORE FROM AUTHOR 30 new jobs created by IT firm in Derry Twitter Twitter WhatsApp By News Highland – February 26, 2015 Google+last_img read more

Cases Against Italian Marines Will Be Closed Only After Compensation Is Deposited, Says Supreme Court

first_imgTop StoriesCases Against Italian Marines Will Be Closed Only After Compensation Is Deposited, Says Supreme Court LIVELAW NEWS NETWORK9 April 2021 12:21 AMShare This – xThe Supreme Court on Friday observed that the criminal cases pending in India against the two Italian Marines in the Enrica Lexie case will be closed only after the Republic of Italy deposits the compensation agreed to be paid to the victims of sea firing incident of 2012.A bench headed by the Chief Justice of India SA Bobde directed that the Republic of Italy should deposit the…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 on Friday observed that the criminal cases pending in India against the two Italian Marines in the Enrica Lexie case will be closed only after the Republic of Italy deposits the compensation agreed to be paid to the victims of sea firing incident of 2012.A bench headed by the Chief Justice of India SA Bobde directed that the Republic of Italy should deposit the compensation amount in terms of the award of the international tribunal in the account specified by the Ministry of External Affairs. Within a week of receiving such amount from the Italy Government, the Ministry should deposit the same before the Supreme Court, the bench further ordered.Solicitor General of India Tushar Mehta told the bench that the account number in which the amount has to be deposited will be informed to the Republic of Italy during the course of the day.Senior Advocate Sohail Dutta, appearing for the Republic of Italy, agreed to deposit the compensation in the accounts specified by the Union Ministry as soon as the account number was informed.The SG informed the Court that the families of the victims have consented to accept the Rs 10 crore compensation offered by the Government of Italy, over and above the ex-gratia payments already paid by Italy.The SG read out a communication addressed by the Kerala Government to the Union Foreign Secretary in November last year stating that the victims have accepted the compensation offer. The SG further submitted that the international tribunal has ruled that India has no jurisdiction to launch criminal prosecution against the Italian Marines, and that the same has to be done within Italian Jurisdiction.”The difficulty is that the trial court cannot close the cases based on the international award. Only the Supreme Court can do that”, the SG submitted. He added that the award of the Tribunal was binding on the India Government as it was a signatory to the international treaty.Senior Advocate Jaideep Gupta, appearing for the State of Kerala, told the bench that the compensation offer was acceptable to the State Government as well. But Gupta requested the bench to impose a condition that the amounts should be deposited before the Supreme Court as there was no enforcement mechanism available.As per the statement filed by the Centre, the Kerala Government has decided to disburse Rs 4 Crores each to the families of the two deceased fishermen and Rs 2 crores to the owner of the boat ‘St Antony’. An amount of Rs 2.17 crores was earlier paid by Italy to the families.Advocate C Unnikrishnan, appearing for Doramma, the widow of one of the deceased fishermen, urged that the cases should be quashed only after the compensation has been disbursed to the victims.”We are asking the amounts to be deposited in this court. Only after that the cases will be closed”, CJI assured Unnikrishnan.In July last year, the Permanent Court of Arbitration(PCA) under the United Nations Convention of Law of Seas had ruled that India was entitled to claim compensation from Italy for the death of Indian fishermen. However, the International Tribunal also held that India has no jurisdiction to launch criminal prosecution against the Marines as they had sovereign immunity. Following that, the Centre had informed the Supreme Court that it was accepting the award of the PCA and sought to quash the pending cases against the Marines.In August last year, the Supreme Court had told the Centre that the cases will not be quashed without hearing the families of victims.The incident happened on Febraury 15, 2012, at a distance of about 20.5 nautical miles from the Kerala coastline. A fishing boat ‘St Antony’ happened to pass “Erica Lexie”, a tanker flying the Italian Flag. Two marines aboard the ship – Massimilano Latorre and Salvatore Girone – mistook ‘St Antony’ for a pirate boat, and opened fire at it. This resulted in the death of two fishermen – Valentine Jalastine and Ajesh Binki. Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. 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