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Travel Counsellors emphasise the importance of worklife balance

first_imgTravel Counsellors emphasise the importance of work/life balanceFred van Eijk, Managing Director of Travel Counsellors, says flexible working can empower those with a passion for travel and reduce the related stresses of commuting.Working from home has already had an impact not just on our business or industry, but across the workforce as a whole. A recent report stated that the number of people working from home has dramatically risen from 20 percent of the entire labour force to 30 percent in 15 years. Now, nearly 17% of the 3.5 million Australian who often work from home in their primary employment say they do so for the “Flexible work arrangements” and “childcare/ family considerations”.This model of home working applies itself particularly well to the travel sector as many agents make themselves available for customers beyond the traditional hours of a retail shop or even that of a call centre with extended hours. For us, working from home has been the foundation for many of our franchisees’ customer relationships and enabled them to provide a better level of customer service and care.However, it isn’t for everyone, and we are seeing an increasing trend for people for a variety of reasons setting up a shared office with other Travel Counsellors, away from their home environment.  But fundamentally, they work the hours to suit the needs of their business, family and customers. So, the bigger opportunity for us as employers and those that care about building relationships with customers and enabling people to have a better quality of life is to encourage flexible working.I recently chatted to Clare, one of our Travel Counsellors who had joined us because she wanted to continue her career in travel and to look after her family living on a remote family run farm in Western Australia. She is now fully empowered to choose what hours she wants to work and has found the right balance.Equality of opportunity regardless of gender and the increasing focus on mental health and wellbeing, are all supportive of an environment that should encourage flexible working down to an individual level.  If we deliver personalised, tailored travel planning and advice to customers and the quality of that information is driven by people (and technology) then we should enable personalised working arrangements that meet the needs of the people delivering the service, so they are fulfilled. All businesses and people are imperfect, and we are no different, and we have some work still to do in our support offices to be even better in this regard, but it must be done as this is fundamental to the ability for businesses to drive growth.  Disruptive, technology-based companies such as ours understand that our future is entirely dependent on our ability to search, find, attract, retain and develop talent. So, we are in a competition to attract and retain the very best talent globally.The old mentality of offices being a place to check whether someone is in work and working is overtaken by those disruptive businesses that see offices as a space to encourage collaboration and sharing.  Similarly, disruptive companies use technology to empower customers and people to connect be that face to face, over the phone or via digital channels and enable people to work flexibly, remotely and stay connected.Fundamental having access to the technology to enable you to work, connect and deliver regardless of the hour in the day and where you are in the world what makes this possible. So, an unerring commitment to do the right thing by the customer, genuine individual flexible working and continuous investment in technology will go hand in hand in those disruptive travel businesses that value the benefit of the independent personal travel adviser and those that support them. Travel CounsellorsSource = Travel Counsellorslast_img read more

Sample the sites and delights of London with roomsXML

first_imgSample the sites and delights of London with roomsXML roomsXML has over 96,000 properties worldwide . If you are unsure about which property to book, always check for the ‘Preferred’ logo next to the hotel; that means its been recommended by other Travel Agents. roomsXML.comconnect today roomsXML.comdiscover more here Source = roomsxml.comcenter_img Centuries old London is a top destination for all variety of travellers. A rite of passage for students following the end of study is often 12 months gap year work in ‘Lundon’. A perfect central point for European weekend adventures, or do as the locals do, settle in for the weekend at your local pub. For history buffs, an amazing array of windy roads chock-a-block full of historical monuments and museums, spanning centuries of discovery and invention. Top things to keep you occupied include Big Ben (the bell, not the tower), Buckingham Palace, the imposing gothic Houses of Parliament, the Victoria & Albert Museum, and of course the British Museum. See the regimented changing of the guard, or for the kids visit the Making of Harry Potter at Warner Bros Studios.Those wanting to use London as a base to stretch out and investigate the interior of the UK can take day trips from London to destinations such as Stone Henge, Oxford, Windsor Castle and much more.roomsXML has over 1,000 properties in London alone, including:London Central: 877 PropertiesLondon Airports: 116 PropertiesLondon Suburbs: 135 Propertieslast_img read more

Social Wine Bar mixologists shaking things up

first_imgSource = Crowne Plaza Christchurch Social Wine Bar mixologists ‘shaking things up’Social Wine Bar mixologists ‘shaking things up’Would you like that shaken or stirred? How about both?? Crowne Plaza Christchurch has lined up ‘the best cocktail alchemists of their age’ to quench the collective thirsts of the garden city.Leading this band of ‘bar brothers’ is Social Wine Bar Manager Kolin Abassi along with Leo Bancale informally known as ‘romancer’, and Corey Ellis aka the ‘local trouble maker’. These lads are literally shaking things up and creating quite the ‘stir’ around Christchurch’s newest cocktail lounge.When they’re not busy concocting limited-edition show cocktails for the recent Christchurch Arts Festival, you can find them competing in globally-recognised cocktail competitions like ‘The 2017 Tequila Patron Perfectionists’. It’s all in day’s work for these cocktail masterminds.Every year Patron sets out on a worldwide quest and a handpicked cocktail wizard from each representative country goes forth on a trip of a lifetime to the grand finale in Hacienda, Mexico where the overall Patron Perfectionist will be crowned.After logging many hours after work behind the bar, Leo’s formulating has found him in the finals of the New Zealand entries. His ‘Taitanic’ Mai Tai-inspired cocktail is blended with homemade jackfruit jam and garnished with pandan leaf, or what he likes to call the “vanilla of Asia”.Leo is set to showcase his cocktail in Auckland on 11 October where it will be sipped, inspected and critiqued on all components from originality to aesthetics and of course, the all-important flavour. He hopes it will be more successful than the Titanic’s ability to dodge icebergs.He isn’t alone — the bar boys are triple threats with all of them originating from long-standing hospitality backgrounds and award-winning restaurants from around the globe.Kolin’s career started very close to home at his own mother’s restaurant in Avignon, France at the tender of 10. Subsequently he chased his passion to London and studied to become a sommelier, qualifying to work in several European Michelin-star restaurants. His habit of darting around the world and leaving broken hearts in the dust gave him the nickname ‘fantôme’, French for ‘phantom’.“Being a part of the opening of the Social Wine Bar has meant I’ve had the opportunity to put my own twist on the cocktail menu, giving it a little ‘je ne sais quoi’” he said.“The creative process with the mixology was fun and something we’re all very proud of.“We work really hard on the floor here, but we like to be cheeky and have a lot of fun too, especially with our customers. We’re proud of our cocktail menu but enjoy being challenged if customers request something totally unusual.”Leo Bancale is also a well-seasoned globetrotter and has worked in various hospitality and hotel outlets, starting in the Philippines 10 years ago and then moving around Queenstown, Australia, Auckland and now Christchurch.“I love being on the go and being able to work in such a universal industry has let me work in some pretty cool venues,” he said.“I also picked up some pretty fun flaring skills in Singapore which never fails to draw a bit of a crowd!”Corey Ellis was drawn to the industry at 18 when he started waiting tables. In no time he scaled the ranks to become maître d’ of a 150- guest restaurant before helping open a Jazz and Whisky bar.“Making people’s stay enjoyable is what I get a buzz out of, and I’ve got to admit I do throw great parties,” he said. “Funnily enough my favourite cocktail is a cosmopolitan, I appreciate a well-balanced citrus drink.”The boys’ most recent feat is the two show cocktails they invented to help promote Social Wine Bar’s partnership as an official bar venue of the Christchurch Arts Festival.Kolin’s concept ‘Ziggy Starman’ cocktail is a futuristic sci-fi inspired cocktail reminiscent of glam-rock pop icon Bowie himself. It is infused with mint caviar, fresh mint and vodka.Leo’s ‘Velvet’ cocktail stirred into life from the jazzy, loud disco divas of the Arts Festival’s Velvet show and New York’s famed cocktail bar, The Clover Club, evoking the bar’s atmosphere of vintage glam.last_img read more

Lufthansa – new European destinations for summer 2018

first_imgSource = Lufthansa Lufthansa – new European destinations for summer 2018Lufthansa – new European destinations for summer 2018The Lufthansa tourist flight program for the coming summer season 2018 is now taking bookings, with the new program for Europe extended to include five attractive new summer destinations. Beach holidays, discovery travel or city trips – Lufthansa will be flying its holiday passengers with the service of a scheduled airline to their holiday destinations in “nicest weeks” of the year.New destinations from Frankfurt:From March 31, 2018, there will for the first time be flights from Frankfurt to Thira/Santorini (Greece), departing every Saturday. Thira, the capital of the island of Santorini, is considered to be one of the most beautiful cities in Greece. The view from the city of Thira, which was built on the edge of a volcano crater, is particularly breathtaking. For many globetrotters, this is perhaps the most beautiful view in the world.Menorca (Spain) is considered the “quiet lovely” in comparison with its rather vibrant Balearic sister islands. This attracts many visitors to the island who appreciate the idyllic bays, wonderful beaches, romantic old towns and mysterious relics from ancient times. Menorca has lots to offer nature lovers in particular. From April 28, 2018, Lufthansa will for the first time be including Menorca in its flight program, with flights leaving from Frankfurt every Saturday.From March 26, 2018, Lufthansa will for the first time be offering daily flights from Frankfurt to Glasgow (Scotland) all year round. With approx. 600,000 inhabitants, Glasgow is the largest city in Scotland, and the third-largest city in the UK after London and Birmingham. With its youthful culture, it not only attracts many art lovers, but also travelers who enjoy spending their vacation on discovery tours. Glasgow is the ideal starting point to explore Scotland.The summer program of destinations from Frankfurt is provisionally rounded off with Chișinău, the capital of Moldova, which will now be linked to Frankfurt all year round. With more than 700,000 inhabitants, it is also the most highly-populated city in the country. It is a major business location, a university city and a cultural center. Lufthansa will for the first time be flying daily to this metropolis from March 25, 2018, a fact which will be of interest to business travelers as well as for tourists.New destination from Munich:Madeira – also known as the Flower Island or the Island of Eternal Spring – will be only around 4 hours away non-stop from Munich as of March 31, 2018, thereby complementing the flight program from Frankfurt. From spring onwards, Lufthansa flights will be departing from the Bavarian metropolis every Saturday to head for Funchal (Madeira). Due to its all-year-round mild climate, this island—which belongs to Portugal—is an inviting destination for visitors who enjoy hiking. Madeira’s numerous protected areas are a real wonder for nature lovers.Further information and booking options for Lufthansa flights can be found online at or via the Lufthansa Service Centers on tel. (069) 86 799 799 (landline rate). Flights can also be booked at Lufthansa partner travel agencies and Lufthansa sales counters at the airport.The new connections at a glanceFrankfurt (FRA) – Thira/Santorini (JTR)Once a week (Saturdays from March 31, 2018)LH1288: FRA 13:25 – 17:25 JTRLH1289: JTR 18:20 – 20:30 FRAPrice: from EUR 159 incl. taxes and feesDistance: 2,035 km (1,099 nautical miles)Airbus A320Frankfurt (FRA) – Menorca (MAH)Once a week (Saturdays from April 28, 2018)LH1482: FRA 15:00 – 17:05 MAHLH1483: MAH 18:05 – 20:10 FRAPrice: from EUR 149 incl. taxes and feesDistance: 1,181 km (638 nautical miles)Airbus A319Frankfurt (FRA) – Glasgow (GLA)Once daily (from March 26, 2018, all year round)LH960: FRA 14:00 – 15:00 GLALH961: GLA 16:05 – 19:00 FRAPrice: from EUR 149 incl. taxes and feesDistance: 1,086 km (587 nautical miles)Airbus A320Frankfurt (FRA) – Chișinău (KIV)Once daily (from March 25, 2018, all year round)LH1474: FRA 09:50 – 13:20 KIVLH1475: KIV 14:30 – 16:10 FRAPrice: from EUR 159 incl. taxes and feesDistance: 1,539 km (831 nautical miles)Airbus A319Munich (MUC) – Funchal (FNC)Once a week (Saturdays from March 31, 2018)LH2654: MUC 08:40 – 12:00 FNCLH2655: FNC 12:55 – 17:55 MUCPrice: from EUR 179 incl. taxes and feesDistance: 2,952 km (1,594 nautical miles)Airbus A321last_img read more

Chernee gives back to community

first_imgChern’ee gives back to communityChern’ee gives back to communityETB Travel News Ambassador and Contemporary Indigenous artist Chern’ee Sutton loves to help out when possible and this week launched 2 new police cars with her 14 year old sister Brooke.New police cars launched in Woorabinda for Reconciliation Week.Chern’ee and Brooke Sutton travelled to Woorabinda this week to officially launch two new police cars that feature their Indigenous artwork. The pair of Kalkadoon artists held a painting workshop for 2 days before Christmas last year with Students from Wadja Wadja High School in Woorabinda a remote Indigenous Community. For the sisters giving back to community is an important part of being successful and when asked they were more than happy to donate their time and talents to team up with Queensland police, local elders and the Wadja Wadja High School to mentor the children in completing the 2 artworks. The children diligently dotted and painted the two paintings with Chern’ee and Brooke for hours at a time with a clear connection to the artworks and the stories they represented.The official launch of the two new police cars was yesterday the 30/06/2019 and it was an amazing sight to see the cars and artwork in person. To see the smiles on the children’s faces knowing they had helped to contribute to these new cars has given them not only a deeper respect for the police but for the community as a whole as well Chern’ee said.Chern’ee and Brooke on the day also donated the two paintings both measuring 183 cm x 91cm wide to the Woorabinda Police and Community as a symbol of the police and the Woorabinda community working together through art that has led to a deeper respect for each other.In explaining the symbolism for her painting Chern’ee said “After speaking with local elders this painting represents the Rainbow Serpent and the Woorabinda community’s connection to their culture, history and the Rainbow Serpent which is the world’s oldest continual living belief. Woorabinda is the large community symbol in the centre with the Rainbow Serpent winding its way through Woorabinda creating the landscape. The green dots represent the lush green bushlands, the brown and ochre dots represent the dry harsh lands and the blue dots represent the waterholes. The larger blue circles represent the different mobs that live in Woorabinda and are all connected to each other as one”.In explaining the symbolism for her painting Brooke said “After speaking with local elders this painting represents the many different totems of some of the aboriginal clans in Woorabinda and also the animals around the Woorabinda more on Chern’ee next weekChern’ee SuttonSource = Chern’ee Suttonlast_img read more

Clouds May Lift for Housing Economy by 2014 Survey

first_img Agents & Brokers Debt Crisis First-Time Homebuyers GDP Home Prices Housing Affordability Housing Starts Investment Investors Jobs Lenders & Servicers Mortgage Rates Mortgage-Backed Securities Processing REIT Service Providers Unemployment 2012-03-28 Ryan Schuette in Data, Origination, Secondary Market, Servicing Clouds May Lift for Housing, Economy by 2014: Survey March 28, 2012 453 Views center_img Housing lingered in the doldrums of a recovery last year but may pick up by 2014 as the U.S. economy generally improves, analysts and economists said Wednesday.[IMAGE]The “”Urban Land Institute””: polled 38 real estate analysts and economists to signal their expectations for “”broad improvements”” in the nation’s economy and real estate markets in 2012.The findings? Commercial property transaction volume may get a 50-percent bump, with increases in the issuance of commercial mortgage-backed securities by as much as half and a drive in returns for real estate assets and investment trusts by anywhere from 8.5 percent to 11 percent year-over-year.””Commercial real estate returns for institutional quality and REIT assets have performed very well in recent years, and this performance is expected to remain strong but trend lower over the next three years,”” “”Dean Schwanke””:, executive director of the ULI Center for Capital Markets and Real Estate, said in a statement.The survey revealed that transaction volume in commercial real estate markets could reach as[COLUMN_BREAK]much as $312 billion in 2014, up from a projected $250 billion in 2012.The issuance of commercial mortgage-backed securities could step up to $75 billion from $40 billion over the same two-year timeframe.Analysts said that housing starts could double by 2014, just as home prices tick up in 2013 and prices increase overall by 3.5 percent that year.Total returns for Real Estate Investment Trusts could meanwhile decline to 8.5 percent in 2014, reflecting a series of dips along the way at 9 percent in 2013 and 10 percent in 2012.The group found that housing could thrive on the back of a return by the economy at large, with market analysts suggesting that GDP could rise from 2.5 percent this year to 3 percent next year and 3.2 percent in 2014.Unemployment may also linger around 8 percent this year, with expectations that it will fall to 7.5 percent in 2013 and 6.9 percent in 2014.Economists said the job outlook may also improve as debt crises draw down overseas, with payrolls expected to swell to 2 million this year, 2.5 million next year, and 2.75 million in 2014.””While geopolitical and global economic events could change the forecast going forward, what we see in this survey is confidence that the U.S. real estate economy has weathered the brunt of the recent financial storm and is poised for significant improvement over the next three years,”” “”Patrick Phillips””:, CEO of the group, said in the statement. “”These results hold much promise for the real estate industry.””The news is welcome for an industry that suffered during the financial crisis and lingered in still-nascent recovery as home prices fell to their lowest levels in years, more community banks went under than at any time since the Great Depression, and GDP contracted significantly. Sharelast_img read more

Commercial Real Estate Loan Prices Flat in November

first_img in Secondary Market January 9, 2014 491 Views Share Commercial real estate (CRE) loan prices in the secondary market were largely flat in November, according to the latest report from “”DebtX””:, a loan sale advisor for commercial, consumer, and specialty finance debt.The estimated price of whole loans increased to 92.7 percent as of November 30, rising from 92.3 percent the prior month. Loan values were 89.4 percent.Impaired and non-performing loan prices were down slightly, falling to a weighted average monthly price of 78.9 percent and 48.8 percent, respectively, DebtX reported.Meanwhile, DebtX’s Loan Liquidity Index, a monthly measure of liquidity for pools of loans sold on the company’s marketplace, was 107.5, up from 105.7 in October.center_img Commercial Real Estate Loan Prices Flat in November Agents & Brokers Attorneys & Title Companies CMBS Commercial Real Estate Investors Lenders & Servicers Service Providers 2014-01-09 Tory Barringerlast_img read more

Move Appoints First Chief Economist for Realtorcom

first_img Move, Inc., a provider of residential listings for consumers, named housing trends expert Jonathan P. Smoke as the first-ever chief economist for, the official site of the National Association of Realtors.Smoke is a 20-year real estate veteran, having spent the past six years in key executive roles for Hanley Wood, including chief economist and SVP, executive director of market intelligence, and SVP of products and innovation.He is also the founder of BlueSmoke, LLC, a housing market research company that provided consulting services to builders, developers, lenders, and real estate investment companies and operated and his new position, Smoke will lead a team of real estate analysts, reporting to Move EVP Luke Glass.”Jonathan brings to our team analytical horsepower, a depth of experience in all aspects of the housing marketplace, and a keen ability to communicate trends to experts and novices, alike,” Glass said.”Jonathan is a highly respected housing economist and has proven himself as a leader and a strategic thinker in creating innovative data and analytics related to housing,” added Lawrence Yun, chief economist for the National Association of Realtors. “He brings to the position more than 20 years of industry experience and a passion for creating leading edge insights into consumer needs, preferences, and demands, and will help drive’s reputation as the most accurate site for residential real estate listings and information.” in Headlines, News, Uncategorized Move Inc. Movers & Shakers 2014-07-01 Tory Barringer Sharecenter_img Move Appoints First Chief Economist for July 1, 2014 462 Views last_img read more

imortgage General Counsel Promoted to EVP of Operations

first_img in Headlines, News imortgage, a national lending company and division of loanDepot LLC, has appointed a new EVP of operations, choosing Darien Evans for the role.Evans has been with imortgage since April 2013, when she joined as general counsel and chief compliance officer, advising executive and senior management on legal issues and handling risk assessment.”Darien’s promotion to executive vice president of operations reflects her deep knowledge of the mortgage industry and her extensive background in mortgage operations, legal and compliance,” said imortgage COO Jay Johnson. “She brings a unique blend of diverse expertise to our executive management team and she is highly qualified for this new role.”Prior to joining the company, she served as general counsel and SVP at Caliber Funding, where she served on the executive management team and directed the firm’s Legal/Compliance Department. She has also held associate and general legal counsel positions with Squire, Sanders & Dempsey, LLP; First Magnus Financial Corporation; and Quarles & Brady.In her newly created role, Evans will provide leadership guidance and oversight imortgage’s processing; credit and risk; and underwriting and closing functions.”When seeking the perfect candidate for this role, we soon realized Darien would be a great fit as we head into our next phase of managed growth. She is a talented and seasoned mortgage professional with an outstanding track record,” Johnson said. “We look forward to her new contributions to the imortgage leadership team.” imortgage General Counsel Promoted to EVP of Operations January 23, 2015 465 Views center_img imortgage Movers & Shakers 2015-01-23 Tory Barringer Sharelast_img read more

Legislation to Make CFPB DoddFrank Subject to 10 Year Review

first_img March 27, 2015 514 Views Share in Daily Dose, Government, Headlines Legislation to Make CFPB, Dodd-Frank Subject to 10 Year Reviewcenter_img Legislation was introduced this week that would make the Consumer Financial Protection Bureau (CFPB) subject to new a regulatory process. U.S. Sen. Mike Crapo (R-Idaho) brought forth a bill that would make the CFPB eligible for review under the 10-year regulatory review. Under the current rules, both the CFPB and Dodd-Frank are exempt from review.According to Crapo, the current regulatory framework has discouraged the creation of new small banks and credit unions. In 1996, the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) was designed to consider how to reduce the regulatory burden on financial institutions in the best way possible. The first EGRPRA review was submitted to Congress in 2007. That report specifically discussed consumer financial regulations and recently adopted rules and helped identify unnecessary burdens that banking agencies worked together to try and minimize.“Rather than predetermine which rules should or should not be reviewed, this legislation will require the federal financial regulators to review all existing regulations, including Dodd-Frank and CFPB rules” Crapo said.  “Crushed under an ever-increasing regulatory burden, this review is only meaningful if we identify the biggest challenges for community banks and credit unions and provide real solutions.”This bill would make several changes to the EGRPRA. It would list each agency that is a member of the Federal Financial Institutions Examinations Council separately. This would split the CFPB, National Credit Union Administration (NCUA), Office of the Comptroller Currency, Federal Deposit Insurance Corporation, and Federal Reserve and ensure the CFPB and NCUA are required to take part in the review process. The bill also requires Dodd-Frank to be reviewed.Ultimately, the bill seeks to expand the review process by broadening the requirement to apply to financial institutions in general as opposed to just insure depository institutions. It is designed to enforce uniform principles and standards to Federal examination of financial institutions. CFPB Dodd-Frank Mike Crapo 2015-03-27 Samantha Guzmanlast_img read more

Spring Housing Race Brings Higher Prices and Multiple Offers

first_img March 26, 2017 505 Views in Data, Headlines, News Share Spring Housing Race Brings Higher Prices and Multiple Offerscenter_img Clear Capital Data Home Prices Home Sales 2017-03-26 Sandra Lane The spring housing rush has begun, evidenced by the number of prospective homebuyers searching for a home and multiple offers on many homes. Lack of inventory in some areas has produced bidding wars, despite the rise in interest rates.This housing trend is discussed in the Home Data Index released on March 27 by Clear Capital, a nationwide provider of residential and commercial real estate valuations.  The report states that the current volatile market will require buyers to be well informed and fast-acting.The number of days on the market in most areas has been steadily decreasing and the national median DOM is approximately 43 days for most listings. This is a decrease from 85 days in January 2012.“Buyers will need to remain vigilant this spring and constantly keep their eyes peeled for a new supply entering the market, and most importantly be wary of rushing to purchase at sky-high prices,” said Dr. Alex Villacorta, Vice President of Research and Analytics at Clear Capital.This is a two-sided dilemma. “What’s great news for homeowners, particularly those looking to get out of negative equity or sell outright, is unfortunately bad news for prospective buyers,” he said. “This springtime uptick in demand is likely to put buyers in a major time pinch in areas where marketing time is already lightning fast.”He said that this situation coupled with the already precarious affordability situation for buyers can lead to a self-fulfilling prophecy of sorts for the market as a whole, one where buyers rush to purchase homes at or above asking price in fear of waiting too long and losing out, thus pushing prices up and making marketing times even lower.The Home Data Index reveals that are three markets where homes have been consistently selling in less than two weeks, nearly a month faster than the national rate.  These cities are Raleigh, North Carolina; Lincoln, Nebraska; and Denver, Colorado.Other hot markets where homes are selling in less than three weeks includes Portland, Oregon; San Francisco, Fresno, and San Jose, California; and Seattle, Washington. All of these markets are located in the West, where price growth has continued to outpace the rest of the nation for several years. Prices have also escalated quickly, thus making affordability a top concern for prospective homebuyers. Nevertheless, the West is still edging out the rest of the nation in QoQ growth.The Home Data Index provides a ranking of the highest performing major metro markets, which are:San Antonio, Texas, now the nation’s fastest growing major metropolitan market where prices are increasing at the rate of 1.8 percent per quarter, twice as fast as the national average.Jacksonville, Florida, at 1.7 percent QoQ growth, increasing a half percentage point from 1.2 percent since last month.Nashville, Davidson, Murfreesboro, Tennessee, metro area is the third highest performing area.Fresno, California, comes in fourth.Portland and Beaverton, Oregon, along with Vancouver, Washington, comprise the fifth fastest growing metro area.In addition, the areas listed in the third, fourth, and fifth places each achieved a 1.6 percent quarterly growth mark.Conversely, the five metro areas that have the lowest performing rate through February 2017 are:San Jose, Sunnyvale, Santa Clara, California, together make up the least performing major market in the nation with zero recorded growth over the last quarter.Providence, Rhode Island; New Bedford and Fall River, Massachusetts, take second place with 0.1 percent growth QoQ.Baltimore, Maryland, home price growth has rapidly decreased from 1.0 percent to 0.2 percent in the last month. This is the nation’s largest single-month change.Virginia Beach, Norfolk, and Newport News, Virginia, won fourth place with 0.2 percent growth.Pittsburg, Pennsylvania, is in fifth place with 0.3 percent growth.last_img read more

Freddie Mac Mortgage Rates Hit Highest Mark in Months

first_img October 27, 2017 588 Views in Daily Dose, Data, Featured, Government, Headlines Freddie Mac released its Primary Mortgage Market Survey (PMMS) Thursday with the average mortgage rates reaching their highest levels since July. According to Sean Becketti, Chief Economist at Freddie Mac, both the 10-year Treasury yield and 30-year mortgage rate increased significantly.”The 10-year Treasury yield surged this week, jumping 12 basis points. The 30-year mortgage rate followed suit, increasing 6 basis points to 3.94 percent. Today’s survey rate is the highest rate in three months.” Becketti said.The 5-year Treasury-Indexed hybrid adjustable-rate mortgage (ARM) averaged 3.21 percent with an average 0.4 point this week. Last week it averaged 3.17 percent and at the same time last year the 5-year ARM averaged 2.84 percent.The 30-year fixed mortgage (FRM) rate averaged 3.94 percent with an average 0.5 point for the week ending in October 26, 2017, which is up from last week from 3.88 percent. This up compared to October 2016 where the 30-year FRM averaged 3.47 percent.The 15-year FRM averaged 3.25 percent with average 0.5 point, up from last week’s 3.19 percent. In October last year the average for the 15-year FRM was 2.78 percent. To reflect the total upfront cost of obtaining a mortgage, average commitment rates should be reported along with average fees. Closings costs may still need to be paid by borrowers, which are not included in the survey. A full list of definitions from Freddie Mac can be viewed here.To see the full graph of data, click here. Sharecenter_img ARM Chief Economist Freddie Mac FRM PMMS Sean Becketti 2017-10-27 Dean Terrell Freddie Mac: Mortgage Rates Hit Highest Mark in Monthslast_img read more

The Week Ahead US Banking Committee to Focus on Powell Montgomery

first_imgThe Week Ahead: U.S. Banking Committee to Focus on Powell & Montgomery Share Jerome Powell Senate Senate Banking Committee The week ahead 2017-11-24 David Wharton in Daily Dose, Featured, Government, Headlines, journal, Newscenter_img The United States Senate Banking Committee is scheduled to have a busy Tuesday this week. At 10 a.m. on Tuesday, November 28, the Banking Committee will meet in a full open session to conduct a hearing on the nomination of Jerome Powell to be Chairman of the Board of Governors of the Federal Reserve System. President Trump nominated Powell for the position on November 2. He will succeed current Fed Chair Janet Yellen.Prior to the Powell nomination hearing, beginning at 9:45 a.m. in room 216 of the Hart Senate Office Building, the Banking Committee will meet in Executive Session to vote on the following nominations: Brian Montgomery to be Assistant Secretary for Housing—Federal Housing Commissioner, U.S. Department of Housing and Urban Development; Robert Kurtz to be Assistant Secretary for Public and Indian Housing, U.S. Department of Housing and Urban Development; and Suzanne Tufts to be Assistant Secretary for Administration, U.S. Department of Housing and Urban Development.Other Events This Week:Zillow Rent Affordability report, WednesdayMBA’s Weekly Applications Survey, Wednesday, 7 a.m. ESTFreddie Mac Primary Mortgage Market Survey, Thursday, 8 a.m. EST November 24, 2017 577 Views last_img read more

Cloudvirga Appoints New CFO

first_imgCloudvirga Appoints New CFO Cloudvirga HOUSING Michael Schreck mortgage Steve DeSantis 2017-12-04 Rachel Williams Share in Headlines, News, Technologycenter_img December 4, 2017 543 Views Cloudvirga™, developer of intelligent mortgage point-of-sale (POS) platforms in Irvine, California, has appointed Steve DeSantis as its CFO. A seasoned technology finance executive, DeSantis will be responsible for driving Cloudvirga’s financial strategies to accelerate its growth. He will report to Cloudvirga’s recently appointed CEO Michael Schreck.DeSantis has more than two decades of financial management experience in the technology sector. Over the course of his career, he has raised more than $250 million, taken two companies public, and sold three companies.Most recently, DeSantis was CFO for ShiftPixy®, a disruptive human capital management services provider revolutionizing employment in the Gig Economy. ShiftPixy completed its initial public offering in June.Prior to joining ShiftPixy, DeSantis was CFO for Predixion Software, a predictive analytics software company acquired by Greenwave Systems and Jvion Technologies. He has also held CFO roles for data warehouse solutions developer DATAllegro (acquired by Microsoft) and inventory management solutions providers Nexiant and TCI Solutions (acquired by Retalix).“Steve’s track record of success in growing tech companies is truly impressive. He’s the ideal leader to steer Cloudvirga’s financial strategy as we continue to grow rapidly,” said Schreck.“A unique combination of mortgage expertise and technical chops enables Cloudvirga to deliver a best-in-class digital mortgage platform that three of the country’s top eight lenders trust,” said DeSantis. “My focus will be on mapping a financial strategy that positions Cloudvirga for continued exponential growth.”DeSantis is a Certified Public Accountant (CPA) and holds a bachelor’s degree in business and accounting and a master’s degree in business administration, both from the University of Southern California (USC) Marshall School of Business. He spent his early career as a staff auditor for Coopers & Lybrand.last_img read more

Forum to Unite Housing and Government Leaders

first_img Fannie Mae FHFA Freddie Mac FSGF Ginnie Mae Government Forum HUD industry Leaders mortgage 2018-10-22 Staff Writer Share in Daily Dose, News Ed Delgado, President and CEO of the Five Star Institute, and Ben Carson, Secretary of the Department of Housing and Urban Development, speaking together at the 2018 Five Star Government Forum.The 2019 Five Star Government Forum has been announced and will take place this coming April 23 in Washington, D.C. Now in its 10th year, the Five Star Government Forum is renown for its impactful engagement of leaders across the mortgage industry. The day-long event has since its inception helped facilitate a meaningful back-and-forth that plays a role in ensuring sensible regulations are maintained to protect both homeowners and the housing market.Government officials and mortgage servicing leaders will gather at the Newseum, where the event was held last year, located between the U.S. Capitol and the White House, only a single block from the National Mall. Representatives from the Bureau of Consumer Financial Protection (BCFP), the U.S. Department of Housing and Urban Development (HUD), the Federal Housing Finance Agency (FHFA), and many others are expected to attend.2018’s Five Star Government Forum began with U.S. Secretary of HUD Dr. Benjamin Carson in conversation with attendees. Peter J. Wallison, Senior Fellow and Arthur F. Burns Fellow with the American Institute, presented the 2018 morning keynote. The Hon. Edward DeMarco, who served as the acting Director of the FHFA from 2009 to 2014, led the afternoon keynote. “Over the past 10 years, the Five Star Government Forum has established itself as a critical event for our industry because it serves as a platform to foster and grow the collaborative working relationship between regulatory authorities and the industry stakeholders,” said Ed Delgado, President, and CEO of the Five Star Institute. “We look forward to hosting the conversations that drive progress once again.”Click here to learn more and take advantage of early bird registration which expires November 1, 2018.center_img October 22, 2018 638 Views Forum to Unite Housing and Government Leaderslast_img read more

Abundants autonomous robotic apple harvester set

first_img Abundant’s autonomous robotic apple harvester set … You might also be interested in Mexico’s apple tariff repeal to boost Washington’s … By the end of April over the last four years, between 44-57% of each year’s apple export total had been shipped, compared with 64-66% of pears.During the first four months this year Argentine apple shippers significantly increased exports to their leading market, Russia, with volumes more than doubling to 10,000MT. Exports to Brazil also rose by 76% to 5,000MT, while they doubled to Germany and the Netherlands, at 4,000MT and 3,000MT respectively.Russia was also the leading market for pear exports, and volumes to that market rose by 21% to 60,000MT. To Brazil they fell slightly, by 2% to 39,000MT, while to the U.S. they rose 2% to 33, Argentine apple and pear exports from January through April managed to notch a year-on-year increase, bucking a downward trend that both had been on for four years.Apple exports rose 44% over the period from to 41,000MT, bringing them in line with 2016. Exports in 2015 and 2014 were registered at 43,000MT and 73,000MT respectively, according to the National Statistics Institute (INDEC).Pear exports, meanwhile, rose by 8% to 193,000MT, also putting them on par with the same period in 2016. Exports of 206,000MT and 255,000MT were registered in 2015 and 2014 respectively.center_img Could early sweet apple ‘Posy’ herald rosy future … June 18 , 2018 EU: High apple stocks ‘put dampers on’ hopes for p … last_img read more