As far as Tim Thurmeier knows, his sci-fi movie Terminal Life was the only feature-length film that was being shot in Saskatchewan in 2018.Many believe the provincial government killed Saskatchewan’s film industry when it eliminated the film employment tax credit. Almost seven years later, we talk to a few industry “survivors” in this four-part series. Part 2 of 4.Tim Thurmeier began shooting his sci-fi movie Terminal Life in Regina in September. Login/Register With: Facebook Advertisement Advertisement Advertisement Tim Thurmeier (centre) began directing his first feature-length film, Terminal Life, in 2018. (LEAH BROCK / SUPPLIED) LEAVE A REPLY Cancel replyLog in to leave a comment As far as he knows, it’s the only feature-length film to be shot in Saskatchewan in 2018.Creative Saskatchewan half-funded his $100,000 budget. The other half, Thurmeier borrowed from friends and family, and saved from his work as a freelance editor.“This is the first year that I haven’t worked on a film that was brought in or that had a budget of $1 million,” said Thurmeier, who began working in film after graduating with a University of Regina film production degree in 2007.“Yes I shot my film, but we’re talking microbudget and it’ll probably end up being a 15-day shoot, which isn’t that much anyway,” added Thurmeier. Twitter
After arrest radio host quits Boomer and Carton showAfter arrest radio host quits Boomer and Carton show
NEW YORK, N.Y. – New York sports radio personality Craig Carton has quit his show on WFAN following his arrest on fraud charges.Carton co-hosted “Boomer and Carton” with former NFL quarterback Boomer Esiason (eh-SY’-uh-suhn). He announced Wednesday he had submitted his resignation and it was accepted.Federal authorities charged Carton with fraud last week, saying he used a Ponzi scheme to fool investors into giving him millions of dollars to pay off gambling debts to casinos and elsewhere.On Tuesday he had vowed to fight the charges, saying his fans would see he was not guilty and he’d be back “stronger than ever.” On Wednesday he said the “unfounded legal issues” would be a distraction to everyone at WFAN and the show he helped build.CBS owns WFAN and says it’s co-operating with authorities. It says it’s searching for Carton’s replacement.
Red McCombs Apologizes For Remarks About Charlie StrongRed McCombs Apologizes For Remarks About Charlie Strong
It took a while, but San Antonio billionaire and Texas Longhorn booster Red McCombs finally offered an apology to new Longhorns coach Charlie Strong for saying Strong’s hiring was a “kick in the face.”McCombs told San Antonio Express-News that he had a phone conversation with Strong, who is Black, and said the new coach had his “total support.”McCombs, who also slighted Strong by saying the former Louisville coach “would make a great position coach, maybe a coordinator,” said: “He wanted my help and my support,” McCombs said. “I told him I’d be happy to do it.”He tried to explain away his comments by saying “my interest in this coaching issue was to see that we had one of the three best coaches in the United States.”McCombs, former owner of the NBA’s San Antonio Spurs and Minnesota Vikings of the NFL, sounded genuinely hurt that his comments had been interpreted as racially motivated. McCombs obviously cares about the school; he’s donated more than $100 million to Texas.
HTC set to rebound with multiple quadcore LTE phonesHTC set to rebound with multiple quadcore LTE phones
HTC had a great 2010, with the EVO 4G cementing its status as the high-end Android phone of the year. HTC’s 2011, though, was a bit lacking. Sure, the company had some success with the EVO 3D, Sensation 4G, and Rezound; it even ushered in the era of LTE with the Thunderbolt. But it was largely upstaged (and outsold) by Samsung, whose Galaxy phones continue to sell like hotcakes, and Motorola, who had a strong year with the Droid Bionic and Droid Razr. Can the Taiwanese manufacturer rebound in 2012? If a new leak is any indication, it just might.The report has an analyst from JP Morgan Chase saying that HTC will unveil multiple quad-core, LTE-powered smartphones at Mobile World Congress next month (not to be confused with next week’s CES). The phones are said to run NVIDIA’s new Tegra 3 processor. The high-octane chip is only available in one device at present moment, the (freshly rooted) Asus Transformer Prime.High-end Android phones in 2010 were about Snapdragon processors and WiMax. In 2011, the hot specs were dual-core processors and LTE. So it stands to reason that 2012 would see quad-core CPUs and more LTE (perhaps with better battery life) dominating the geeks’ dreams. If that’s the case, then a) the prediction about HTC could be sound, and b) HTC could throw itself back into the lead of Android manufacturers.HTC would be happy to have a strong 2012. Despite several popular handsets in 2011, its prestige slipped a bit as it put its stock in features like 3D and Beats Audio instead of evolving cutting-edge specs and gorgeous design. Customers have shown time and time again that 3D just isn’t a priority, and that they aren’t chomping at the bit for enhanced audio (even the iPod never advertised enhanced audio).If HTC can deliver some of the first (and best) quad-core phones — on multiple carriers — then this could be a 2012 to remember. If it can carry its elegant and professional designs into thinner and more attractive form factors, then it could see EVO-like success once again. Or maybe quad-core chips are just a lot of hype. Either way they will be a big selling point. * Note that the above image is a simulation; no HTC marketing materials have leaked.via Digitimes
Varices symptômes causes traitement questce que cestVarices symptômes causes traitement questce que cest
Varices : symptômes, causes, traitement, qu’est-ce que c’est ?On parle de varices pour qualifier des veines visibles ou en relief sous la surface de la peau. Particulièrement disgracieuses, elles révèlent généralement une insuffisance veineuse qui doit faire l’objet d’une prise en charge médicale afin d’éviter les complications.Que sont les varices ?Relativement fréquentes chez la population adulte, les varices apparaissent généralement sur les jambes, même si elles peuvent également survenir au niveau de la vulve ou du scrotum. En outre, elles constituent l’une des principales manifestations d’une insuffisance veineuse. Elles sont permanentes et occasionnent des symptômes plus ou moins importants en fonction de la profondeur de la veine impactée. Dans la très grande majorité des cas, ce sont les veines superficielles (veines saphènes) qui sont touchées. Seule une faible minorité des patients présente des varices affectant des veines profondes. Dans ce cas précis, on parlera plutôt de phlébite.Quels sont les symptômes des varices ?Les manifestations cliniques des varices sont d’abord visibles puisqu’elles revêtent l’apparence de varicosités sous la surface de la peau. Les veines variqueuses affichent une coloration bleutée prononcée. Elles peuvent être plus ou moins saillantes. Généralement, l’insuffisance veineuse, qui en est à l’origine, provoque différents symptômes :- fourmillements- sensation de pesanteur- crampes – œdèmes au niveau des pieds et des chevilles- démangeaisons… Souvent, ces signes s’aggravent au fil de la journée, pour atteindre leur paroxysme en soirée.Quelles sont les causes des varices ?Les varices peuvent avoir de multiples causes, même si la plupart d’entre elles affichent une origine génétique. En effet, l’insuffisance veineuse possède une large dimension héréditaire. Le simple fait d’avoir un ou deux parents sujets aux varices accroît considérablement le risque d’en souffrir à son tour. Il faut également noter que les femmes sont largement plus prédisposées que les hommes à ce type de manifestations veineuses. Mais le mode de vie semble également avoir une large influence dans l’apparition des varicosités. Le surpoids, la sédentarité, la consommation excessive d’alcool, l’hypertension ou encore l’exposition à la chaleur représentent des facteurs de risques importants.Quels sont les traitements des varices ?À lire aussiAmygdalite : chronique, caséeuse, cryptique, de quoi s’agit-il ?La prise en charge des varices varie en fonction de la sévérité de l’atteinte. Lorsque l’insuffisance veineuse reste légère, le port de bas ou de collants de contention suffit à réduire les symptômes gênants. Les varicosités, elles, peuvent être traitées par sclérothérapie. Il s’agit d’injecter une substance dans les veines concernées afin de les scléroser et, à terme, de favoriser leur résorption naturelle. Pour les cas plus importants, le recours à l’acte chirurgical est souvent requis. Plusieurs techniques opératoires sont alors envisageables : veinotomie, éveinage, chirurgie hémodynamique de l’insuffisance veineuse, chirurgie veineuse par endoscopie, chirurgie au laser…Le 3 avril 2017 à 17:21 • Maxime Lambert
FedEx hiring 55000 seasonal workers ahead of busy holiday seasonFedEx hiring 55000 seasonal workers ahead of busy holiday season
(WSVN) – FedEx says it expects to add more than 55,000 seasonal jobs across the United States for the busy holiday season.The company is looking to add seasonal package handlers at their ground facilities, but there will be other opportunities available during the holidays in preparation for an expected increase in shipments.FedEx says it will increase hours for existing employees in addition to the seasonal hirings, and will boost its operations to six days per week.For more information or to submit an application, visit FedEx’s employment website.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
The Integrated Media Cooperative has announced a “Publisher Stimulus Program” that lets new members join the co-op with a $1,000 down payment and an earn-out on the first $4,000 in rebates. The announcement comes as two new publishers—Vendome Group and Questex Media—join the co-operative. “We have been talking with the IMC for some time and the new stimulus program makes this a no brainer,’ said Questex CEO Kerry Gumas in a statement. “We look forward to significant savings in the areas of telemarketing and paper purchasing among the other areas where the IMC has partners. Founded in 2005, the Integrated Media Cooperative lets members pool best practives and volume purchasing and includes members such as Crain Communications, Edgell Publishing, Farm Journal Media and Vance Publishing.
AP Local bodies to go under special officers rule after July 3AP Local bodies to go under special officers rule after July 3
Vizianagaram: Special officers will be appointed to take care of administration in local bodies like mandal parishads and zilla parishads in the state as the tenure of those institutions is going to be expired on July 3. Thirteen ZPs and 660 mandal parishads would come under the administration of special officers after the expiry of tenure of their elected bodies. Also Read – Goldsmith steals gold by polishing jewelry in Bhimavaram Advertise With Us Already, the gram panchayatis have been under the governance of special officers for the past six months. As of now, 12 zilla parishads and around 480 mandal parishads are headed by TDP. Now the tenure of ZPs would expire on July 4 and for mandal parishads on July 3. The panchayat raj department has to hand over the administration to special officers to provide continuous services to the people. Also Read – Permission mandatory for Ganesh pandals: SP Advertise With Us According to information, the district collectors would be made as person in-charge for zilla parishads and district level officers like deputy directors, joint directors would be the special officers of mandal parishads. The same administrative structure will be in force till the new governing body is formed after elections. The government is also said to be gearing up to conduct elections as soon as possible. Even the mandal officers are preparing the electoral rolls. A senior officer said, “The government is going to appoint special officers to take care of the local bodies and even our collector and other officers are engaged in the same exercise to identity the officers to hand over the responsibilities.”
Nerkonda Paarvai review From Sivakarthikeyan to Varalaxmi celebs extend their support toNerkonda Paarvai review From Sivakarthikeyan to Varalaxmi celebs extend their support to
A movie still from Ajith Kumar’s Nerkonda Paarvai.PR HandoutAjith Kumar’s Nerkonda Paarvai has won unanimous positive reviews from the critics and audience. The Tamil movie, which was released on Friday, August 8, has been lauded for its content and brilliant performances by the lead actors.Nerkonda Paarvai deals around three modern women – Meera Krishnan (Shraddha Srinath), Andrea (Andrea Tariang) and Fathima Banu (Abhirami Venkatachalam). The film exposes the prevailing misogyny in society.It brings out how victim-blaming has become a norm in the country and how the rules are different for men-women. Indeed, the film tries to educate people to understand the concept of ‘consent.’Ajith Kumar’s performance has been whole-heartedly praised by cine-goers. Indeed, many have compared it to be his best in recent years. Shraddha Srinath is equally good.What has come as a boost for Nerkonda Paarvai is many celebrities have extended their support for the Ajith-starrer with positive words. Check out their tweets below:Siddharth: Really wish #NerKondaPaarvai becomes a massive hit. It is very important for any industry that responsible and influential cinema comes from the top stars. Amazing that #Ajith chose this film ❤️! Congrats to @BoneyKapoor ji, @ShraddhaSrinath @thisisysr #HVinoth and their team!varalaxmi sarathkumar: #NKP is the need of the hour.I’m so glad #ThalaAjith sir has decided to do this movie..I hope everyone can learn from this film.. #NoMeansNo all the best to the entire team #HVinoth @ShraddhaSrinath @thisisysr I hope this changes our society’s outlook a little.. #NerKondaPaarvaiArchana Kalpathi: All the very best to #Ajith Sir, #HVinoth @BoneyKapoor Sir and the entire cast and crew of #NerKondaPaarvai for Blockbuster success at the Boxoffice Looking forward to watching FDFS @agscinemasSivakarthikeyan: Best wishes to dear #ThalaAjith sir director #HVinoth @BoneyKapoor sir @thisisysr sir @ShraddhaSrinath and full #NerKondaPaarvai team for a big successMohan Raja: Best wishes n Big congrats to the whole #NerKondaPaarvai team on bringing a great content n a most important message to Tamil audience #NoMeansNosanthoshraj: #nerkondapaarvai 4.5/5:- No means no whether she is a sex worker, lover,wife, friend, etc.. NO MEANS NO From the mega hit blockbuster of viswasam Thala ajith once again strikes with nerkonda paarvai! Hats off to Thala ajith for choosing this script, none of the mass heroesDr. Dhananjayan BOFTA: #NerKondaPaarvai along with a powerful performance by #ThalaAjith , it brings out the best in @ShraddhaSrinath #Abirami @thisisysr & very good debut by @RangarajPandeyR sir. Superb dialogues even if it was a remake. “No” means “No” by anyone friends. Let’s follow that practiceGayathri Raguramm: #NKP time. It’s about time to know about ur daughters or friends daughters how they are treated in society by some dangerous men in society. if u have a son and don’t know what he is up to when he is not taught well and how to take care of women how dangerous he can be to society Ajith sir plays perfect role and very much needed at this time. He is perfect person to convey this message. Thank you thala for choosing this film and spreading right message to people.Rathna kumar: I think #Aadai should have released after #NerKondaPaarvai . Getting judgemental based on a Girl’s name, Costume, Looks and her profession is the sad state of our misogyny society. Happy to see a Mass hero like Ajith sir sending a much needed statement on screen. It was LITArunVijay: #NerKondaPaarvai Wishes to the entire team for a grand success at the BO… Must watch!! #Ajith sir.. #NerKondaPaarvaiFromTodayLyricist Parvathy: So glad to see all the positive reviews for #NerKondaPaarvai. Respect #thala #Ajith sir, dir #HVinoth @BoneyKapoor ji for bringing this film to Tamil. Also, looking forward to see rockstar @vidya_balan in more Tamil films. #NKPFromTodayPS Mithran: #NerKondaPaarvai is intensity Max! One of the most relevant issues handled in a Mass Hero’s film #HVinoth has nailed it with Razor sharp dialogues #Thala in one of his most emphatic roles! The uproar from the fans during the court scenes was extraordinary!Chimbu Deven: #NerkondaPaaravai Already heard many positive reviews.. like next level of ‘Thala Ajith’ sir’s move. My best wishes #Ajith sir, @HVinoth_Off & team!! @BoneyKapoor @thisisysr @nirav_dop @dhilipactionAtharvaa: All success to #ThalaAjith sir @thisisysr #HVinoth @BoneyKapoor sir and the entire cast & crew of #NerKondaPaarvai pic.twitter.com/paW6LrfsTa
Physics team finds new constraints on how lumpy spacetime can bePhysics team finds new constraints on how lumpy spacetime can be
Gamma Ray Delay May Be Sign of ‘New Physics’ This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. (PhysOrg.com) — Robert Nemiroff and his colleagues at Michigan Technological University will be discussing new constraints on the so-called lumpiness of space-time at this year’s meeting of the American Astronomical Society. Image credit: NASA/Sonoma State University/Aurore Simonnet Nemiroff, also known for his Astronomy Pick of the Day site, has been studying photons that have been traveling through space for several billion years following a γ-ray burst that was recorded back in 1989. Called GRB 090510A, the burst let loose high energy photons that have been traveling through space at the speed of light; two of them are of special interest to physicists because they are believed to have left the same place at exactly the same time, which would seem to make them arrive here at exactly the same time as well. But, they won’t, due to the lumpiness of space-time and the long distance they have traveled. In the abstract for the presentation, the authors suggest that because a high-energy time scale for the photons detected from the gamma-ray burst have been found, a new upper limit is in place on the dependence of energy on speed and light as it’s dispersed across the universe.Studies of high energy photons traveling through space have already shown there are differences in actual speeds recorded, though they are very, very small; seven parts in a billion trillion, according to a previous study done by researchers at Yale. Because of this and other studied phenomenon, various researchers have theorized that space-time isn’t actually continues as it appears, but is instead made up of very, very tiny elements that are almost unbelievably small, on the order of a 10-35 (the Planck length). In such theories, photons that have the highest amount of energy also have wavelengths that are near to the Planck length. This makes them more apt to intermingle with so-called “lumps” which slows them down. The amount of slowdown is obviously very tiny, but as the photons travel so far for so long, the effect is amplified.In their study, Nemiroff et al, find due to measured differences in the arrival time of the two photons, that new constraints are in effect that impact the lump size of space-time. Because of this, the lumpiness of space-time only becomes meaningful when things are roughly 1/500 the Planck length, which could, obviously, put some limits on quantum gravity theories. More information: Nemiroff, R. J., Connolly, R., & Holmes, J. A New Limit on Lorentz Invariance and Chromatic Dispersion Across the Universe from GRB 090510A (American Astronomical Society, 2011)AbstractA high-energy, fast-variability time scale for Fermi-detected gamma-ray burst GRB 090510A is found that creates a new strictest upper limit on the energy dependence of the speed and dispersion of light across the universe. In particular, evidence is presented for variability at or below Δ t = 0.00136 for super-GeV photons, a factor of 10 more limiting than any time scale previously claimed for a GRB at GeV energies, including a previous limit reported by Abdo et al (2008). This variability derives from the duration of three separate closely-arriving photon groups prominent only in photon data above 1 GeV. One pulse pair has an energy difference of Δ E >/~ 23.5 GeV. Coupled with a redshift of z >/~ 0.897, the resulting limits on the differential speed of light and Lorentz invariance were found for a concordance cosmology. It was found that Δ c / c < 6.09 x 10-21, a limit consistent with, but slightly stronger than, a previous limit found for a GRB by Schaefer in 1999. Given a generic dispersion relation across the universe where the time delay is proportional to the photon energy to the first power, the variability translates into a dispersion strength of k1 < 1.38 x 10-5 sec Gpc-1 GeV-1. This limit results in an upper bound on dispersive effects created, for example, by dark energy, dark matter, or the spacetime foam of quantum gravity. This dispersion constraint also results in the most stringent lower limit yet claimed for the onset energy scale of quantum gravity: MQG c2 > 7.43 x 1021 GeV.via Nature Explore further Citation: Physics team finds new constraints on how lumpy space-time can be (2012, January 11) retrieved 18 August 2019 from https://phys.org/news/2012-01-physics-team-constraints-lumpy-space-time.html © 2011 PhysOrg.com
McCain US must reassess Afghanistan troop withdrawalMcCain US must reassess Afghanistan troop withdrawal
Ex-FBI agent details raid on Phoenix body donation facility Top Stories 5 things to look for when selecting an ophthalmologist Authorities have regained control of the checkpoints, which had been overrun by Taliban fighters. Forty insurgents were killed and 18 wounded, the statement said.Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. “With the rise of ISIS and the distinct fighting season that is marked this year, the threat environment continues to evolve in ways that clearly, in my view, demands a reassessment of the administration’s current calendar-driven drawdown of U.S. forces with a plan that must be based on conditions on the ground,” McCain said.Afghan forces have struggled to fight off the Taliban since the U.S. and NATO combat mission officially concluded at the end of last year. More than 2,300 Afghan soldiers, police and pro-government fighters have been killed since the start of the year — more than the total number of U.S. troops killed since the 2001 invasion that ended Taliban rule.Meanwhile, Afghan lawmakers rejected President Ashraf Ghani’s nominee for defense minister, a position that has remained empty for more than nine months amid some of the toughest fighting since the Taliban insurgency began 14 years ago. Masoom Stanekzai received 84 out of the 107 votes needed for parliamentary approval.Stanekzai’s rejection reflects in part a power struggle between Ghani and Afghanistan’s Chief Executive Abdullah Abdullah. Stanekzai, the second nominee put forth by Ghani to be rejected, is also seen by some to be ineffective, based on the chaotic security situation around the country. New Valley school lets students pick career-path academies Stanekzai previously led the High Peace Council negotiating body charged with ending the conflict with the Taliban. He has been serving as the country’s top defense official in an acting capacity.In January, Gen. Sher Mohammad Karimi also failed to get enough votes in parliament. It could be months before a new nominee for the position is put forth.Also Saturday, men on a motorcycle attacked a pair of schoolgirls in the western city of Herat, throwing an unknown chemical substance in their faces, authorities said. The victims, aged 16 and 17, were hospitalized in stable condition, said Mohammad Rafiq Sherzai, spokesman for the Herat hospital.It was not clear what sort of substance was used in the attack but it was not acid, he added.Police were searching for the two men, who attacked the students as they were on their way to school, and no arrests had been made, said Rauf Ahmadi, spokesman for the Herat police.Authorities on Saturday also raised the death toll from a Taliban attack on several police checkpoints in Wardak province. The Wednesday night attack left 24 police dead, up from the previously reported total of seven, and two wounded, according to a statement from the provincial governor’s office. Men’s health affects baby’s health too Mesa family survives lightning strike to home The vital role family plays in society Here’s how to repair and patch damaged drywall KABUL, Afghanistan (AP) — The ongoing Taliban offensive in Afghanistan demands a reassessment of the Obama administration’s current plan to drawdown U.S. forces, U.S. Sen. John McCain said Saturday during a visit to the country’s capital.The Republican told reporters that Afghan national forces are fighting bravely, but suffering heavy losses in the field.American and international troops have already stopped playing a combat role, remaining as trainers for local forces. The international numbers will be reduced further at the end of 2016. But McCain said reductions should be based on conditions on the ground. Comments Share Sponsored Stories
Will 2013 Bring Declining Originations and Rising Interest RatesWill 2013 Bring Declining Originations and Rising Interest Rates
Agents & Brokers Attorneys & Title Companies Investors Jobs Lenders & Servicers Mortgage Rates Refinance Service Providers 2013-01-08 Krista Franks Brock in Data, Origination As we delve into the new year, many wonder what lies ahead in the mortgage industry. According to one mortgage lender, we can expect declining originations, rising interest rates, and fewer mortgage professionals. [IMAGE]Residential mortgage origination volume will decline 24 percent this year, largely driven by significant declines in refinances, according to Milford, Connecticut-based “”Total Mortgage Services, LLC.””:http://www.totalmortgage.com/index2.asp?utm_expid=640214016&utm_referrer=http%3A%2F%2Fwww.totalmortgage.com%2Findex2.aspThe mortgage lending company foresees purchase originations rising by about 16 percent this year. However, a sharp decline in refinance originations will more than offset this growth, according to the company’s analysts. In addition, interest rates that continue to hover near record lows will soon become a thing of the past, according [COLUMN_BREAK]to Total Mortgage Services. The company anticipates rates will begin rising by the second half of 2013. The lender expects strengthening in the overall economy will contribute to higher interest rates. “”Rising employment and wages, while supporting the residential real estate market, will also help to push interest rates higher and cut refinance volume significantly,”” the company states. Changes in the mortgage market landscape this year “”will present mortgage lenders with a new set of challenges,”” said John Walsh, president of Total Mortgage Services. “”This new set of challenges will require adaptation by lenders that wish to survive in the new lending environment,”” he added. As refinances decline and purchases rise, originators will have to adapt. Total Mortgage Services suggests the “”vast majority of mortgage originators are wholly unprepared”” for this change. However, not all originators will adapt, according to the company, and not all will need to. The company anticipates a 30 to 35 percent decline in employment in the originations sector this year. While a decline may be warranted this year, “”the most likely victims of the industry’s reduction in force [will be] younger, less experienced workers.”” This trend will lead to a whole new obstacle for the industry: “”the graying of the mortgage industry,”” Total Mortgage Services says. January 8, 2013 402 Views Will 2013 Bring Declining Originations and Rising Interest Rates? Share
Nationstar Mortgage Posts Q2 Net Income of 75 MillionNationstar Mortgage Posts Q2 Net Income of 75 Million
Nationstar Mortgage Holdings rebounded from a $48 million net loss in the first quarter this year to post a net income of $75 million ($0.69 per share) for the second quarter in the company’s Q2 2015 earnings statement released Thursday.The Lewisville, Texas-based residential mortgage servicer posted adjusted earnings of $35 million ($0.32 per share) for Q2, which was an increase of 59 percent from Q1. Nationstar received $52 million ($0.47 per share) of after-tax benefits resulting from the net increase in the value of mortgage servicing rights and related liabilities accounted for at fair value. The company also had $10 million ($0.10 per share) in after-tax expense related to streamlining operations (including severance).With a larger servicing portfolio, Nationstar’s servicing segment produced an increase of $16 million sequentially in Q2, primarily as a result of increased incentive fees, which were due to continued strong operational performance and higher servicing fees.A favorable rate environment and focused execution resulted in adjusted pretax income of $59 million for Nationstar in Q2. Xome, the company’s end-to-end real estate platform, produced top-line growth of $14 million sequentially, largely as the result of an increase in property sales, according to Nationstar.”We remain resolute in our strategy of creating long-term sustainable growth by capitalizing on market opportunities, increasing the profitability of our servicing segment, building the first fully integrated digital platform for buying or selling a home through Xome and taking advantage of the recovering economy and rising rate environment, all of which we believe will create additional value for our shareholders,” said Jay Bray, CEO of Nationstar. “Our servicing segment continues to operate as the top ranked servicer in its FNMA STAR peer group and had a significantly improved operational quarter, even with elevated levels of amortization.”The share of 60-plus day delinquent mortgages in Nationstar’s total portfolio declined to 7.4 percent in Q2, with the company having completed 16,831 workouts during the quarter as well as the boarding of lower delinquency portfolios.Nationstar’s adjusted revenues climbed by $24 million sequentially, primarily because of $15 million in higher base servicing fees, which are due to a higher average unpaid principal balance as well as an increase in incentive fees of $5 million. The company’s servicing portfolio ended Q2 with a UPB of $404 billion, which was in increase of 4 percent from the previous quarter and the first time in Nationstar’s history that the UPB was greater than $400 billion at the end of a quarter. The hike in UPB was due to the successful closing of $29 billion worth of servicing acquisitions. The company’s outstanding commitments as of the end of Q2 total $28 billion. July 30, 2015 554 Views Nationstar Mortgage Posts Q2 Net Income of $75 Million in Daily Dose, Featured, News, Servicing Nationstar Mortgage Holdings Net Income Q2 2015 Earnings Statement 2015-07-30 Seth Welborn Share
May 5, 2017 554 Views Nearly three quarters of Americans are struggling with the size and scale of their debts, and mortgage debt is the largest contributing factor, according to new findings Northwestern Mutual’s 2017 Planning & Progress Study.The study found that 45 percent of Americans in debt spend up to half their money every month in debt payments. Twenty-nine percent of those monthly debt payments go to mortgage. Credit card bills make up another 20 percent, and for Millennials, student loan debt is nearly a quarter of payments made every month.The weight of the debt, according to Northwestern Mutual, is indeed heavy. Nearly half of Americans are carrying at least $25,000 in debt, and the average debt on Americans’ backs is $37,000‒‒and that excludes mortgage payments. Ten percent are carrying debt above $100,000. Add to that, another third told Northwestern Mutual they will be in debt between 6 and 20 years, and 14 said they expect to be in debt for the rest of their lives.”Building financial security while saddled with high debt is like running a race with a weight around your ankle,” said Rebekah Barsch, vice president of planning, Northwestern Mutual. “Reducing debt accumulation and being proactive about strategically managing the debt you already have is integral to a sound financial plan.”Reducing debt could go a long way towards easing mounting anxiety as well, the report noted. According to Northwestern Mutual, 40 percent of Americans said debt has a substantial or moderate impact on financial security. The same number said they consider their debts a high or moderate source of anxiety.The same number also said they’d use a surprise $2,000 windfall to pay down debts. More than a third said they pay as much as they can towards their debts every month, while 17 percent said they just pay monthly minimums.Yet despite recognizing the downsides of debt, the lure of spending remains strong. After covering necessities, Americans said 40 percent of their monthly income goes toward discretionary spending on entertainment, leisure travel, and hobbies. In fact, when asked what financial pitfalls they are prone to, one quarter of Americans flagged excessive or frivolous spending.”One of the hardest challenges is resisting the urge to splurge on items that are beyond our budget,” said Barsch. “While giving into temptation can feel good in the short-term, it often contributes to an ongoing cycle of buy and borrow that can become hard to escape. A thoughtful approach to debt repayment that minimizes interest and safeguards credit is essential, otherwise, you risk building your financial foundation on a house of cards‒‒literally.” in Daily Dose, Data, News Americans Not Optimistic About Their Debts Share Debt debt study mothly mortgage Northwestern Mutual 2017-05-05 ScottMorgan1
April 18, 2018 1,211 Views in Daily Dose, Data, Featured, News The 5 Most Environment-Friendly States Eco-friendly homes LEED-Certified Homes states WalletHub 2018-04-18 Radhika Ojha Share Job availability and affordability are, of course, top concerns when considering where to live; but “environmental security” may be a growing concern as many homebuyers also focus on factors such as clean drinking water and air quality. With a reference to natural disasters that caused an estimated $200 billion in property damage in the past year and a recommendation that “We should all try to do our part to save the world for future generations,” WalletHub released the results of a study ranking all 50 states in terms of environmental friendliness.We “spend money through our own consumption and taxes in support of environmental security,” according to WalletHub, so where do we find it? WalletHub compared 23 metrics and classified them into three major categories, including “environmental quality,” “eco-friendly behaviors,” and “climate-change contribution.” Vermont was ranked the most environmentally-friendly state in the nation, ranking No. 1 for both environmental quality and eco-friendly behaviors. The state ranked around the middle, at No. 23, for climate-change contributions. Vermont was reported to have some of the best air quality in the country and had the second-least amount of solid waste per capita. The top five most environmentally friendly states were rounded out by Oregon, Massachusetts, New York, and South Dakota. West Virginia came in last, leaving it as the least environmentally friendly state in the nation. It ranked lowest for both eco-friendly behaviors and climate-change contributions and was No. 41 for environmental quality. The list of five least environmentally friendly states also included Louisiana, Kentucky, North Dakota, and Alabama. WalletHub also ranked states in terms of LEED-certified buildings per capita. New Mexico took the No. 1 spot for this metric, followed by Hawaii, New Hampshire, Oregon, and Texas. Delaware had the least LEED-certified buildings per capita, followed by Kansas, West Virginia, Nebraska, and Iowa. The highest air quality in the nation can be found in Wyoming, North Dakota, South Dakota, Vermont, and New Mexico. The lowest quality air in the country is in Arizona, Indiana, Pennsylvania, Illinois, and California. The states with the highest water quality were Minnesota, Delaware, Maine, Nevada, and Colorado; while the states with the lowest water quality were Ohio, Louisiana, Maryland, Oklahoma, and Kentucky.
Rep McCready appointed to four key House committeesRep McCready appointed to four key House committees
Categories: McCready News 26Jan Rep. McCready appointed to four key House committees State Rep. Mike McCready has been appointed to serve on four key House committees during the 2017-18 legislative session.McCready, of Bloomfield Hills, will serve on the Commerce and Trade, Financial Services, Financial Liability Reform, and Families, Children, and Seniors committees.“These are all issues important to people in Oakland County, and I’m grateful they continue to put their trust in me to represent them well at the Capitol,” McCready said. “I’m eager for committees to start meeting so we can get back to work on legislation that helps struggling families and ensures Michigan’s economy continues to grow.”The House’s 26 bipartisan committees discuss, analyze and revise legislation before presenting it to the full chamber for consideration.People can contact McCready by calling his office toll free at (855) 373-8670, emailing MikeMcCready@house.mi.gov or visiting www.RepMikeMcCready.com.###
08May Rep. Calley plans local office hours in May Categories: Calley News State Rep. Julie Calley of Portland welcomes residents to office hours in two communities on Monday, May 22.Rep. Calley will give attendees a legislative update before taking individual meetings of ten minutes each.Rep. Calley will meet with constituents at the following locations:The Village of Lake Odessa, Page Memorial Building, 839 Fourth Ave., Lake Odessa, from 11 a.m. to noon; andThe Barry County Courthouse, Commissioners’ Chambers, 220 W. State St., Hastings, from 1 to 2:30 p.m.“District office hours allow me to learn more about the priorities of the people I serve,” Calley said. “I value their insight and welcome the opportunity to address questions.”No appointment is necessary. Residents unable to attend scheduled office hours may send their questions and ideas Rep. Calley at 517-373-0842 or via email at JulieCalley@house.mi.gov.
Rep Alexander hosts special office hours in AugustRep Alexander hosts special office hours in August
State Rep. Julie Alexander announced her monthly in-district office hours, emphasizing the importance of representing the concerns of the community. In addition to her regular office hours, Alexander will also sponsor special office hours at the Jackson County Fairgrounds, 200 W. Ganson St. in Jackson on Tuesday, Aug. 8 from 4 to 5 p.m.“The insight I receive from residents is the most important tool I have when fighting for the Jackson area in Lansing,” Alexander said. “I encourage anyone with questions or concerns about their state government to join me.”Alexander’s regular office hours will take place at the Jackson County Tower Building, 120 W. Michigan Ave. in Jackson at the following dates and times:Friday, Aug. 11 from 10 to 11 a.m.,Monday, Aug. 21 from 4:30 p.m. to 5:30 p.m.,Friday, Aug. 25 from 11 .a.m. to noon; andMonday, Aug. 28 from 10:30 a.m. to 11:30 a.m.The monthly Milk Break meeting will be on Monday, Aug. 28 from 9 to 10 a.m. at the Spring Arbor Café, 7975 Spring Arbor Road in Spring Arbor.No appointments are necessary. Those unable to attend may contact Rep. Alexander at 517-373-1795 or via email at JulieAlexander@house.mi.gov. 03Aug Rep. Alexander hosts special office hours in August Categories: Alexander News
Good Bad and Mixed Predictions on State Govt FY2014 Revenues and ExpendituresGood Bad and Mixed Predictions on State Govt FY2014 Revenues and Expenditures
ShareTweetShareEmail0 SharesJanuary 10, 2014; Stateline The National Association of State Budget Officers has released its Fiscal Survey of the States and the National Association of State Legislatures has issued its State Budget Update. Both reports are from the fall of 2013, but are getting attention now that the nation is looking closely at prospects for the remainder of fiscal year 2014, as in Stateline writer Elaine Povich’s review of the NASBO report. Given that many nonprofits live, eat, and breathe state budget dynamics, the convergent and divergent parts of the NASBO and NCSL analyses carry weight.Both reports suggest that many states are doing much better on the revenue front than in recent years. According to the NCSL, of the 37 states plus the District of Columbia that collect personal income taxes, corporate income taxes, and sales taxes, Massachusetts, North Dakota, Pennsylvania, and Wisconsin report that their collections were higher than expected in all three. Among that group, only West Virginia indicated lower than projected revenues in all three categories. Of all states and D.C., based on current trends, 38 said that they were likely to meet their revenue collection targets for FY2014 and eight predicted exceeding revenue targets. The NASBO report tempered this with the following commentary: “Although revenues are expected to increase in fiscal 2014, states are not projecting a rise in tax collections comparable to the gains in fiscal 2013. Revenues increased by 5.7 percent in fiscal 2013, while states project revenues to rise by only 0.8 percent in fiscal 2014.” NASBO predicted “sluggish growth” in health care, higher education, and aid to local governments as behind the lower 2014 estimates. Of importance for nonprofit affordable housing and community development groups that often use state housing programs capitalized by real estate transfer fees and taxes, NCSL reported that these taxes were coming in on target in 17 states and the District of Columbia, and above projections in Florida, Virginia, Pennsylvania, New Hampshire, and Wisconsin. Only New Jersey and Tennessee predicted revenues below budget targets. That means good news for Florida, where the Documentary Stamp Surtax program has assisted numerous affordable housing developments, but potentially bad news for New Jersey where the Neighborhood Preservation Balanced Housing Program is funded by the NJ Realty Transfer Tax. NASBO identifies several states with double-digit percentage increases in anticipated expenditures for fiscal 2014—North Dakota (42.9 percent), Oregon (14.2), Ohio (11.4), Texas (12.0), Montana (10.2), and Hawaii (12.9)—and a handful of states with decreases—Alaska (-8.5 percent), Connecticut (-9.6), Illinois (-0.5), Kansas (-3.3), Minnesota (-0.3), West Virginia (-2.0), and Wyoming (-0.1). But the key, whether up or down, is where the expenditures will go. NASBO indicates that program cuts in public assistance are slated for Arkansas, Delaware, Louisiana, Massachusetts, Michigan, New York, Ohio, Pennsylvania, and West Virginia. Cuts in K-12 education are slated for Wyoming, West Virginia, Missouri, Minnesota, and Kansas. West Virginia shows revenue shortfalls plus multi-program budget cuts, which won’t serve it well as it tries to deal with what might be a prolonged and costly water contamination crisis. But other states have specific budget issues that might impact nonprofits. The NCSL report noted that Maryland, for example, is predicting a $25 million shortfall for spending in foster care maintenance, legal services, and child support enforcement. Wisconsin is already over budget in its public assistance cash benefits, while Vermont reports being over budget in general assistance payments and homelessness services. The headlines have been generally about state fiscal situations looking up, but for nonprofits, the news is buried in the details—which revenue sources are going up or down, which expenditure categories have been slated for cuts, where are program expenditures already or predicted to go over budget. While total state revenues may be generally looking positive, the overall picture for some categories of state expenditures is much more mixed and still not making up for the shortfalls and cuts that occurred at the height of the Great Recession.Perhaps some nonprofits think that these reports on state budget issues don’t affect them, because they are largely charitably funded and don’t rely on government grants and contracts. That kind of myopic vision is troubling. Even for those nonprofits that don’t seek or receive government money directly, their constituents and clients are probably getting government support for the services and programs they use—and perhaps even to pay for some of the services they get from the otherwise privately funded service providers. All nonprofits have to pay attention to state budget dynamics, because they are all affected, directly or indirectly—and unavoidably.—Rick CohenShareTweetShareEmail0 Shares
Boomers Retiring Early from State Government Not Necessarily a Good ThingBoomers Retiring Early from State Government Not Necessarily a Good Thing
ShareTweetShareEmail0 Shares Xanya69 / Shutterstock.comJune 20, 2014; StatelineThis piece could easily apply to concerns about the nonprofit sector human resources. Jeffrey Stinson writes for Stateline that state governments are concerned that “aging” Baby Boomers—as opposed to those that have found the miracle to stanch the aging process, one supposes—are choosing to leave their jobs in favor of the easy life of retirement—that is, assuming retirement is as easy and comfortable as it’s cracked up to be.Half of state government workers are between 45 and 64 years of age. “One-third of state workers,” said Leslie Scott, executive director of the National Association of State Personnel Executives, “are eligible to retire in the next five years.” That includes many employees who will choose to retire before the age of 65, either accepting reduced benefits for retiring early or retiring before 65 but getting full benefits because of years of employment. Stinson writes that the “impending exodus is prompting many human resources departments to dust off ‘succession plans’ for filling positions in a better-educated and lower-paid workforce than the private sector.”Here’s the troubling part of this for state governments—and for nonprofits.First, the increasing numbers of early retirees often reflects state government employees’ disappointment—disgust, perhaps—at working at jobs that haven’t seen pay increases for years. “If your pay is not increased, it doesn’t make a lot of sense to keep working,” William Thielen, executive director of the Kentucky Retirement Systems, explained. “You retire, and many people go out and look for other jobs.”If you think that’s the case with state government salaries, look at the salaries of nonprofit staff people below the CEO level (or not on the major gifts fundraising side). While some of the big thinkers, so to speak, in the nonprofit sector have been advocating that nonprofit CEOs should be paid like their for-profit counterparts, it’s all too clear that for many nonprofits, staff salaries for line staff have been stagnating. That’s no way to treat baby boomers in the nonprofit sector, who have been toiling for their employers driven by mission and passion—and who don’t deserve to be discarded for younger, lower-paid subs.Second, the issue is one of valuing the contributions of the baby boomers. Sometimes, with articles like this one from Stateline, the focus moves pretty quickly on how to attract and retain millennials, born between 1972 and 2004 or thereabouts. When Stinson writes that millennials are better educated—and cheaper—than their baby boomer parents, some boomers read that as the all but obvious kick-in-the-rear to get out and make way for replacements.Mimi Collins, communications director of the National Association of Colleges and Employers, told Stateline that millennials “aren’t automatically put off by the prospect of working for government.” That’s phrasing that doesn’t comport with their boomer parents, who, rather than being turned off, were strongly drawn to and motivated by the prospect of government jobs, which, by the way, have been major contributors to the growth of the middle class in the African-American community.Department of Labor statistics show a significantly higher proportion of employed African Americans with jobs in the public sector—19.3 percent—compared to whites (14.2 percent) and Latinos (10.4 percent). The University of California Labor Center estimates that the proportion of blacks in employed in the public sector between 2008 and 2010 was about 21.2 percent, making public sector employment “the single most important source of employment for African-Americans.”In some ways, the push to recruit millennials in state government has ramifications not only for nudging boomers out of the way, but for displacing African Americans in an employment sector that has been crucial to their middle class advancement, particularly since the Civil Rights era lessened some discriminatory recruitment and placement practices on the parts of government HR managers. It isn’t hard to imagine that boomers, particularly those within the African American community, might perceive some of these dynamics as reversals in their social progress in the nonprofit sector’s employment as well.While it is clearly important to find paths for millennials into jobs in the public and nonprofit sectors, the experience and knowledge of boomers in these sectors should make them worth valuing and retaining. Bring in new millennial talent, but don’t toss away the tried and true.—Rick CohenShareTweetShareEmail0 Shares