Citigroup Starts to Show Distressed Consumers the Money

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Citigroup Consumer relief Settlements 2016-02-01 Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Brian Honea Previous: Economic Uncertainty Is Not Dampening Housing for 2016, So Far Next: Freddie Mac Further Expands Credit Risk Sharing Initiatives February 1, 2016 1,371 Views Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Tagged with: Citigroup Consumer relief Settlements Citigroup was credited with more than half a billion dollars in consumer relief toward fulfilling its obligation of $2.5 billion under the terms of a July 2014 settlement July 2014 settlement with the U.S. Department of Justice and five states for selling toxic residential mortgage-backed securities to investors before the financial crisis, according a report from an independent monitor.Settlement monitor Thomas Perrelli, a former associate U.S. attorney general and now a partner with Washington, D.C.-based law firm Jenner & Block, credited Citi with $512,456,710 in consumer relief for the period covering April 1, 2015, through June 30, 2015. The amount provided during Q2 2015 raised the cumulative total of consumer relief credited to Citi to $689,132,468, still less than a third of the settlement’s requirement of $2.5 billion. The bank has until 2018 to pay the remaining $1.8 billion. The report was Perrelli’s fourth since the settlement was reached and the first since September 2015.According to the monitor, Citi was credited with $512.4 million in consumer relief during Q2 2015 in three different categories or menu items: First lien principal forgiveness ($3.95 million covering 70 transactions); rate reductions/refinancing ($78.5 million covering 2,002 transactions); and principal forgiveness where foreclosure is not pursued ($430 million covering 10,260 transactions). Citi requested credit for relief for 91 loans to affordable rental housing projects with a purported valuation in excess of $500 million; the monitor is currently working with Citi to validate the credit that the bank has submitted for the 91 loans.Citigroup settled with the DOJ and five states (California, New York, Illinois, Massachusetts, and Delaware) for a total of $7 billion in July 2014 amid claims that the bank misled investors as to the quality of mortgage-backed securities it sold. The portion of the penalty that went to the DOJ was $4.5 billion, which was the largest civil penalty to date under the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA). Citigroup agreed to pay $2.5 billion in consumer relief as part of the settlement.Click here to see a complete copy of the settlement monitor’s January 2016 report. In the September 2015 report, the monitor credited the bank with $162.7 million in consumer relief for the period covering November 22, 2014, through March 31, 2015. Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Citigroup Starts to Show Distressed Consumers the Money Home / Daily Dose / Citigroup Starts to Show Distressed Consumers the Money  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Government, News Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles Subscribelast_img read more

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Cricket News Australia’s Alyssa Healy Smashes New Women’s Twenty20 International World Record

first_img For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. New Delhi: Alyssa Healy is acknowledged as one of the legends in women’s cricket. Playing for the champion Australian cricket team, Healy’s keeping and batting is acknowledged as top class, especially in the Twenty20 format. However, during the third Twenty20 International between Australia and Sri Lanka at the North Sydney Oval, Healy rewrote the history books and created a new world record. Healy smashed 148 off 61 balls, the highest individual score by a woman cricketer in Twenty20 Internationals as Australia won by 132 runs to sweep the series 3-0.Healy’s knock of 148 broke the previous record set by her teammate Meg Lanning, who blasted 133 against England at Chelmsford during the recent Women’s Ashes series. However, Healy’s century came off 46 balls and it is the second-fastest in Women’s Twenty20 International history behind West Indies’ Deandra Dottin, who smashed a ton off 38 balls against South Africa in St Kitts in 2010. However, it is the fastest by an Australian player, once again breaking Lanning’s mark of 53 against Ireland in the 2014 World T20 in Sylhet.Also Read | THIS Australian woman cricketer smashes a new world record in Twenty20 InternationalsAustralia chose to bat and Healy began with a bang, hammering Achini Kulasuriya for a boundary and a six. In the fourth over bowled by Ama Kanchana, Healy smashed two fours and a six as the carnage continued. Australia raced past fifty in just the fifth over when Healy launched Prabodhani for a six. Sri Lanka had some relief when Chamari Athapathu got rid of Beth Mooney but the carnage continued. Healy smashed Shashikala Siriwardene for a four and a six and launched Inoshi Priyadharshani for a hat-trick of fours.Also Read | 17 and counting – Thailand women’s team shatters world champions Australia’s THIS record featThe right-hander smashed three more fours off Priyadharshani and notched up a century. The 18th and the 19th over witnessed mayhem with Healy hammering another hat-trick of fours, this time off Achini Kulasuriya. In the 19th over bowled by Kanchana, there was total destruction as Healy blasted four boundaries and a six with the bowler conceding 28 runs. In the fifth ball of the over, Healy’s four gave her the new world record.Although she hit a six off Athapathu, the seveth in her knock, she could not reach 150 and Australia ended on 226/2. In response, Athapathu, who had hit a century, looked good during her knock of 31 but the Sri Lankan players floundered against the accuracy of Nicola Carey, who took 3/15 from her four overs. Sri Lanka could manage just 94/7 and Australia were crowned the series winners. “It was just one of those days where everything seemed to come out of the middle, so I’ll take that,” Healy told the TV broadcaster.last_img read more

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Brooke McCorkle breaks Wellington Middle School discus record

first_img Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments (3) Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings Sort by: Date Rating Last Activity Loading comments… You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. 0 Vote up Vote down WMS · 274 weeks ago The 6th grade had their only track meet in Caldwell last week but I have not heard anything about it…..it would be nice to show support to the 6th grade track participants. Report Reply 0 replies · active 274 weeks ago +3 Vote up Vote down guest · 274 weeks ago I would like to see the results of all Middle School activities. Report Reply 0 replies · active 274 weeks ago -3 Vote up Vote down Really??? · 274 weeks ago I agree, Tracy please find my 3rd graders city track meet results. I’m pretty sure by him participating he should get some kind of recognition. You are probably costing him a future scholarship!! Report Reply 0 replies · active 274 weeks ago Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments Brooke McCorkleSumner Newscow report — Brooke McCorkle, a Wellington Middle School track athlete, recently broke the WMS record in the discus with a throw of 97’11” at a track meet held in Andover Tuesday.The old record was set by A. Viramontes in 1999.She is not the only one breaking records at the Wellington.The seventh grade boys medley team of Zander Vargas, Isaac Hilt, Christian Buckman and Blake Rausch set a new 800 medley relay record at Haysville with a time of 1:56. The old record of 1:58 was held by Crow, Bradley, Conklin and Jones set in 2001. Vargas also set a new long jump record at Haysville with a jump of 17’2” – breaking an old record of 16-10  by Joe Ybarra inThe Here are the results from Tuesday’s meet.  Sorry so late in getting them to you, not quite used to being the one responsible for it!  Thanks for all you do!7th Boys-3rd7th Girls-6th8th boys-5th8th Girls-6thThere were eight teams at the track meet – all schools bigger except one – Clearwater.Wellington will be participating in the Pioneer League Tournament on Tuesday in Clearwater.“We have a good chance of winning league,” said Tony Ybarra, Wellington Middle School track coach.Follow us on Twitter.last_img read more

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Cranes line-up Ivory Coast in Afcon build-up

first_imgFILE PHOTO: Uganda Cranes on training grounds.[photo via @OfficialFUFA]Kampala, Uganda | THE INDEPENDENT | Uganda Cranes will face Ivory Coast in an International friendly match in the United Arab Emirates on June 15th.The two teams will use the match to prepare for the 2019 Total Africa Cup of Nations (Afcon).Head coach Sebastien Desabre made the announcement on Monday at the Kabira Country Club in Kampala.“We have already secured the friendly against Ivory Coast and we are now working on having another friendly match on June 9th that we shall announce later,” added the coach.Desabre made it clear that his team will camp in the UAE for three weeks before flying to Egypt on June 17th. The coach said they need to prepare well for the Afcon because the objective is to qualify for the knock out stage.“We shall take every game as it comes and we are already scouting around the other teams we shall face in the group like Zimbabwe, DR Congo and hosts Egypt,” he added. The coach made it clear that although he is aware the group is tough, he knows each of the teams in the group so well. “We need to prepare well for our opening match against DR Congo because the first game means a lot,” he added.He made it clear that with good preparations his team has the quality to beat any team. Desabre made it clear that although he had summoned Maroons FC player Brian Majwega to the squad, the Uganda FA advised him to drop the player for previous disciplinary issues.The 2019 Afcon which will for the first time attract 24 teams will take place June 21st to July 19th. Besides Uganda, the other teams from the Council for East and Central African Football Associations (Cecafa) that will feature in the Afcon include; Kenya, Tanzania and Burundi.*****URNShare on: WhatsApplast_img read more

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