Month: May 2021

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New Home Sales Plummet 14.5% in March

first_img Previous: Leading Economic Index Gains Momentum in March Next: Long & Foster Named Affiliate of the Year by Luxury Real Estate Network The Best Markets For Residential Property Investors 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Builder Confidence Index Census Bureau HUD New Home Sales 2014-04-23 Tory Barringer The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago The pace of new home sales plunged in March to their lowest level in eight months, driving down hopes of a seasonal renewal in housing activity.Monthly data released Wednesday by HUD and the Census Bureau shows sales of new homes last month plummeting 14.5 percent from February to an estimated seasonally adjusted yearly rate of 384,000. The last time transactions ran so low was last July, when they came to 383,000.Based on applications for new home purchases recorded in March, the Mortgage Bankers Association (MBA) had predicted an adjusted sales rate of 479,000 for the month. Meanwhile, a consensus forecast offered in a survey of economists done by Bloomberg predicted a rate of 455,000.The latest news is sure to disappoint market analysts who had hoped sales would improve following the end of a harsh winter and the beginning of the year’s busy season for housing. It also puts a large hole in arguments earlier this year that housing experienced a slowdown largely due to icy conditions.“[I]t’s not out of the question that this is the hit from the severe weather earlier this year,” said Paul Diggle, property economist for research firm Capital Economics. “But the drop feel[s] too late and too large to sit comfortably with such explanations.”Rather, March’s huge decline likely stems from a stringent credit environment that’s “had a detrimental effect on modest-priced markets and … hit first-time home buyers particularly hard,” said David Crowe, chief economist for the National Association of Home Builders (NAHB).As a result, most sales right now are coming from a small pool of buyers who have an established credit history and who are able to purchase higher-priced homes, Crowe added.The group’s builder confidence index for the new, single-family home market shows a slight majority of builders continue to see housing in a negative light, with traffic of prospective buyers particularly low.Regionally, the Commerce Department reported sales were down in the Midwest (-21.5 percent on a monthly basis), the South (-14.4 percent), and the West (-16.7 percent). Sales in the Northeast bucked the trend, rising 12.5 percent. Tagged with: Builder Confidence Index Census Bureau HUD New Home Sales Related Articles in Daily Dose, Featured, Government, Headlines, Market Studies, Newscenter_img Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / New Home Sales Plummet 14.5% in March  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Subscribe April 23, 2014 769 Views New Home Sales Plummet 14.5% in March The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

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2016 Brought Largest Foreclosure Decline on Record

first_img 2016 Brought Largest Foreclosure Decline on Record Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post The foreclosure rate for 2016 had the largest improvement of any year since 2000, according to Black Knight Financial Services Inc.’s (BKFS) First Look at December.Only 0.95 percent of active mortgages at the end of 2016 were in some stage of the foreclosure process, which amounts to a year-over-year reduction of 30 percent in foreclosure rates. The month of December was down 3.30 percent from November’s foreclosure rate.“Throughout much of the past year, the rate of improvement in the nation’s active foreclosure inventory continued to pick up pace,” noted Ben Graboske, EVP for BKFS’ Data & Analytics division. “As strong performance of recent originations kept the influx of new problem loans very low from a historical perspective, the industry continued to work through older loans in active foreclosure still lingering—in most cases—from the crisis years. Together, these two factors contributed to increasing the rate of improvement in a trend that we’ve actually been seeing for several years now.”The elimination of problematic, high-risk loans, which dominated the mortgage lending market during the housing crisis of 2008, paved the way for newly structured loans which had a considerable lower level of risk and chance of default, which resulted in a lower overall foreclosure rate nationwide.The five states with the highest level of delinquencies and foreclosures as a percentage of the total amount of active loans in the state, also known as the non-current rate, were Mississippi, Louisiana, West Virginia, Alabama, and New Jersey. Mississippi was at the top of the list with a non-current percentage of 11.36, while New Jersey came in fifth at 7.79 percent.The percentage of loan delinquency rates which were past 30 days due but not yet in foreclosure was 4.42 percent in December, which represents a 0.91 percent decline from November and a 7.49 percent reduction from the previous year.The regulatory measures initiated by Dodd Frank regarding the issuance of loans, which are intended to stifle the production of high-risk loans, appear to be having the intended effect, so it is imperative that the new presidential administration carefully consider which aspects of Dodd-Frank can be rolled back without detrimentally affecting the housing market. About Author: Timothy McNally Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: The Week Ahead: 4 in a Row for Existing-Home Sales? Next: Court Deals a Blow to Fannie Mae Shareholder Hopes Delinquency Rates Home Foreclosures Mortgage Lending 2017-01-22 Timothy McNally Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Subscribe in Daily Dose, Featured, Foreclosure, News The Best Markets For Residential Property Investors 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago January 22, 2017 1,310 Views Sign up for DS News Daily Home / Daily Dose / 2016 Brought Largest Foreclosure Decline on Record The Best Markets For Residential Property Investors 2 days ago Tagged with: Delinquency Rates Home Foreclosures Mortgage Lendinglast_img read more

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Federal Agencies Encourage Community Reinvestment in Puerto Rico

first_imgHome / Daily Dose / Federal Agencies Encourage Community Reinvestment in Puerto Rico  Print This Post Federal Agencies Encourage Community Reinvestment in Puerto Rico Demand Propels Home Prices Upward 2 days ago About Author: Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Foreclosure, Government, Headlines, Journal, News As Puerto Rico and other areas remain in crisis following Hurricane Maria in September, federal bank regulatory agencies have announced that they will give favorable consideration under the Community Reinvestment Act (CRA) regulations to banks located outside of the most heavily impacted areas who work to help revitalize and stabilize the damaged locales. The purpose of the CRA is to encourage financial institutions to help meet local credit and community development needs, such as in areas hit by natural disasters.The Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency announced the plan in a joint statement. It confirms that “financial institutions located outside these disaster areas will receive consideration for community development activities that resulted from the hurricane as long as the institution has been responsive to the community development needs and opportunities of its own assessment areas.”The economic difficulties of Hurricane Maria have already spread to parts of the coastal states such as Florida, as DS News reported earlier this month. Around 300,000 Puerto Ricans evacuated to Florida following the Hurricane, putting more strain on an already limited affordable housing market in the state. Back in Puerto Rico, citizens who remained are facing a foreclosure epidemic, as around a third of Puerto Rican homeowners are behind on their mortgages.CRA activities may help to alleviate some of the pain by providing assistance not only to those in the disaster area, but to displaced individuals who have relocated to other states. The joint statement notes that consideration will be given regardless of median income of the census tract or the personal income of the individual. However, more consideration will be given to more responsive activities, especially activities that address the needs of low- and moderate-income areas.The complete press release may be found on the FDIC website. Tagged with: Board of Governors of the Federal Reserve System FDIC Federal Reserve Hurricane Maria hurricanes Natural Disasters OCC Puerto Rico The Week Ahead: Nearing the Forbearance Exit 2 days ago January 26, 2018 1,558 Views Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: Hunter Gorog Steps Down From Landmark Network Next: Where Have Home Values Recovered Most Since the Crash? The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Board of Governors of the Federal Reserve System FDIC Federal Reserve Hurricane Maria hurricanes Natural Disasters OCC Puerto Rico 2018-01-26 Seth Welborn Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribelast_img read more

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Michigan’s Lingering Housing Crisis

first_imgSubscribe The Best Markets For Residential Property Investors 2 days ago Michigan’s Lingering Housing Crisis Tagged with: Aging Population Homeownership Housing Crisis Vacant Properties Demand Propels Home Prices Upward 2 days ago A recent research project from the Urban Institute delved into the struggles lurking in Southeast Michigan housing, in “a series of interconnected policy and market challenges within Detroit and across the inner-ring and outer-ring suburbs.” This project, funded by a grant from JPMorgan Chase, resulted in an article which explores the economic and social hurdles faced by the residents of this region after the city’s economy began its sharp decline in the mid-20th century. Challenges such as vacant properties and declining homeownership are well known on the national level for plaguing Detroit, but issues such as a growing senior population, a decline in African-American homeownership, and a surge in demand for rental housing are also affecting the stability of the housing market and economy further south in the state. A rapidly aging senior population will result in a surge of housing needs and policy changes that the area is wholly unprepared to face, according to the article, such as “new transportation and housing needs, evolving health care demands, and income sources changing from wages to retirement assets.” Accessibility improvements—like grab-bars and no-step entries—will be difficult for lower- or fixed-income residents, in addition to dwindling resources that are steadily becoming less and less available to local governments to assist in these older home repairs and accessibility renovations.   In addition to this generation shift, a disproportionate effect of the 2008 financial crisis resulted in the homeownership rate in Michigan tumbling from 51 percent in 2000 to 40 percent in 2006, resulting from “an array of economic and social challenges undermining African Americans’ wealth.” Urban Institute researchers state that tax foreclosures and predatory land contracts will only continue to exacerbate the problem at hand. The third major issue addressed in this article culminates from the pressure of the two previous: a major shift in homeowning versus renting. Though the article states that Southeast Michigan has a 70 percent homeownership rate, “the share of renting households is expected to rise in the coming years.” This has begun to result in a shortage of apartments, which has led to higher rental prices, locking out many lower-income residents from the possibility of affordable housing. Though these facts seem bleak for the residents of the region, the Urban Institute outlines the many philanthropic and social responses that aim to answer these growing needs, and states that, “these housing challenges may have different root causes, but solving them will require collaborative approaches that involve public, private, nonprofit, and philanthropic stakeholders from across the region to gather and share data along with the results of successful programs.” To read more about this project and its resulting answers to these challenges, click here. Share Save July 16, 2018 2,185 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Aging Population Homeownership Housing Crisis Vacant Properties 2018-07-16 Kristina Brewer Previous: Ginnie Mae’s MBS Balance Continues to Climb Next: Appeals Court Finds FHFA Structure Unconstitutional Data Provider Black Knight to Acquire Top of Mind 2 days ago Kristina Brewer is the Editorial Assistant of Publications for the Five Star Institute, including DS News and MReport magazine. She is a graduate of the University of North Texas (UNT), where she received her Bachelor of Arts in English with a concentration in rhetoric and writing and a minor in global marketing. During this time, she served as Director of Philanthropy in the national women’s fraternity Zeta Tau Alpha, of which she is an alumna. Her passion for philanthropy continued after university when she was an intern at Keep Denton Beautiful, a local partner of Keep America Beautiful, where she drove membership, organized events, and led social media campaigns. Brewer honed her writing at the North Texas Daily, UNT’s student-run newspaper where she wrote about faculty, mentorship, and student life. Brewer also previously worked at Optimus Business Plans where she helped start-ups create funding proposals, risk assessments, and management plans. center_img Servicers Navigate the Post-Pandemic World 2 days ago Related Articles About Author: Kristina Brewer Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago  Print This Post Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Michigan’s Lingering Housing Crisis in Daily Dose, Featured, Foreclosure, Journal, News Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

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Chasing the American Dream

first_img The Best Markets For Residential Property Investors 2 days ago Affordability Amy Bonitatibus Chase Home Lending Homebuying Jon Kaplan Millennials Pinterest 2018-11-13 Donna Joseph Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Donna Joseph  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] Related Articles Previous: Top 10 Cities Attracting New Residents Next: Enhancing Digital Mortgage Efficiency November 13, 2018 2,196 Views center_img The fixer-upper culture is gaining traction among millennial homebuyers given the affordability of these homes as an initial purchase. However, it is interesting to note that many young Americans rely heavily on online platforms for inspiration.“Pins & Properties: Chasing Your Dream Home” a report put together by Chase Home Lending and  Pinterest, reveals that millennials are the largest group of homebuyers today. Nearly two-thirds of millennials consider homebuying a goal they are determined to reach in their lives and 70 percent consider it the best long-term investment. Nearly 95 percent of the millennials said they planned some kind of renovation in the next three years. “For the second year in a row, millennials make up the largest group of homebuyers, seeing the value of this smart investment,” said Amy Bonitatibus, Chief Marketing and Communications Officer for Chase Home Lending. As most first time homebuyers do not have the income to afford their dream home right away, they purchase starter homes and make substantial upgrades eventually. Eighty-seven percent millennials are planning some kind of renovation and 68 percent intend to spend at least $20,000 on renovation projects. Seventy-five percent plan to finance home renovation projects by tapping the equity in their homes, the report found. Millennials are paying close attention to smaller and affordable renovation and ideas. Logistics and affordability are key factors for many who are preparing for a growing family. Jon Kaplan, Global Head of Partnerships, Pinterest, said, “Chase and Pinterest have similar missions in helping people make their dreams a reality. The partnership between our companies on the Chase Dream Boards visual interactive experience demonstrates the way in which we’re able to offer personalized recommendations that deliver unique value and guidance to potential home renovators. The report noted that pinners continue to prioritize DIY projects at home for decor and personalization, setting up a gym or laying bathroom countertops. Millennial homeowners also ranked ‘new landscaping’ as their top choice for renovation space. Projects like a closet overhaul are increasing over 7,000 percent in year-over-year search results. Pinterest said that it has experienced an increase in searches for ‘gold bar carts’ by 300 percent since 2017. Those looking to remodel outdoor areas were found 1.7times as likely to search for backyard party ideas. Interestingly, these Pinterest users are more than 1.5 times as likely to search for topics on budgeting as financial planning assumes great significance among first-time homebuyers. Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Market Studies, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe Home / Daily Dose / Chasing the American Dream Share Save Tagged with: Affordability Amy Bonitatibus Chase Home Lending Homebuying Jon Kaplan Millennials Pinterest Sign up for DS News Daily Chasing the American Dreamlast_img read more

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National Flood Insurance Program Gets Reprieve, But What Next?

first_imgHome / Daily Dose / National Flood Insurance Program Gets Reprieve, But What Next? Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: flood nfip Senate Demand Propels Home Prices Upward 2 days ago November 20, 2019 1,706 Views The Best Markets For Residential Property Investors 2 days ago The U.S. government has avoided another shutdown and refunded the National Flood Insurance Program (NFIP) through December 20. The NFIP is set to expire on November 21. The House of representatives passed the resolution in a 231 to 192 vote.“I am pleased that we are keeping government open, assuring full funding for a fair and accurate Census, and ensuring a pay raise for our military,” said House Appropriations Committee Chairwoman Nita M. Lowey. “Even with passage of this CR, American families, businesses, and communities need the certainty of full-year funding. Only by coming together in good faith can we settle subcommittee allocations and enact responsible, full-year spending bills that invest in critical priorities.”The vote is a short term extension as a full vote is expected soon.“Although it is unfortunate that we must continue to rely on short-term extensions, the [the Independent Insurance Agents & Brokers of America] thanks the House of Representatives for voting to extend the NFIP through Dec. 20,” said Independent Insurance Agents & Brokers of America SVP of external, industry, and government affairs Charles Symington in a statement.Stewart goes on to note the importance of completing an extension and avoiding a lapse.“A lapse in the NFIP could impact the ability of the program to promptly pay claims if there is a major flooding event, delay recovery efforts related to catastrophic storms and disrupt real estate markets across the country,” Stewart adds.According to WMBF News, the Federal Emergency Management Agency (FEMA) would still have authority to ensure the payment of valid claims with available funds in the event of a lapse. However, FEMA would stop selling and renewing policies for millions of properties in communities across the nation.This short-term extension ensures policy holders will be able to renew their coverage and real estate agents won’t face an interruption while closing home sales.“In the last two years alone, they’ve had 12 extensions and in the last two years they’ve had some of the biggest payout years,” said Jeremy Jenks, VP of sales for the Trembley Group of Keller Williams. “So, the program is quite a few billion dollars in debt and I saw different estimates on it, but lots of billions of dollars in debt and I think what’s happening is Congress knows that they need to do something about this, but they’re not sure what to do and there is a bill in the Senate that would update the NFIP, but they just haven’t gotten there yet.” in Daily Dose, Featured, Market Studies, News National Flood Insurance Program Gets Reprieve, But What Next? Sign up for DS News Daily Subscribe Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Related Articles Demand Propels Home Prices Upward 2 days agocenter_img flood nfip Senate 2019-11-20 Seth Welborn Previous: Former President of Carrington Mortgage Services Changing Posts Next: CFPB: Possible Changes Ahead for TRID and RESPA Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Seth Welborn The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Share Savelast_img read more

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Minister confirms Donegal’s Town Councils will be scrapped

first_img Twitter By News Highland – October 17, 2013 New laws promising the most radical reform of local government in a century have been published.The Local Government Bill 2013 will see all 80 town councils abolished, and replaced by a system of municipal districts.Letterkenny, Buncrana, Ballyshannon and Bundoran Town Councils will be scrapped while Donegal County Council will go from 29 to 37 seats under the move.Unified local authorities will be established in Limerick, Tipperary and Waterford – to replace the existing city and county councils.Minister for the Environment Phil Hogan said a lot of the groundwork has been done already:[podcast]http://www.highlandradio.com/wp-content/uploads/2013/10/14phiCOUNCILS.mp3[/podcast] Facebook Facebook Three factors driving Donegal housing market – Robinson WhatsApp Minister confirms Donegal’s Town Councils will be scrapped NPHET ‘positive’ on easing restrictions – Donnelly Pinterest Pinterest RELATED ARTICLESMORE FROM AUTHORcenter_img News WhatsApp Google+ Previous articlePolice given more time to interview Barry McCrory murder suspectNext articleNew €2 million Community Mental Health Centre for Donegal Town News Highland 448 new cases of Covid 19 reported today Twitter Help sought in search for missing 27 year old in Letterkenny Google+ Calls for maternity restrictions to be lifted at LUH Guidelines for reopening of hospitality sector publishedlast_img read more

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Plans to redevelop the Brandywell take a major step forward

first_img Facebook Pinterest By News Highland – December 13, 2013 WhatsApp Derry Mayor Martin ReillyProposals to redevelop the Brandywell Stadium in Derry have received a major boost this week with confirmation that Derry City Council’s Development Committee has given its approval to the plan.Subject to ratification by Full Council, the Greyhound Track will be moved to the new proposed location around the Showground’s pitch and the existing grass playing pitch will be replaced with a synthetic 3G or 4G surface to allow year round use for games and training.Mayor Cllr Martin Reilly is welcoming the progress, saying that Derry City Foootball Club, and the wider community, deserve the best possible facilities…………[podcast]http://www.highlandradio.com/wp-content/uploads/2013/12/brandywell.mp3[/podcast] Almost 10,000 appointments cancelled in Saolta Hospital Group this week RELATED ARTICLESMORE FROM AUTHOR Pinterest Guidelines for reopening of hospitality sector published NPHET ‘positive’ on easing restrictions – Donnelly Twitter Google+center_img Previous articleCreeslough group faces huge bill after Leader funding issue remains unresolvedNext articleInishowen Ecotourism brand officially launched in Ballyliffin News Highland Twitter LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton News WhatsApp Three factors driving Donegal housing market – Robinson Plans to redevelop the Brandywell take a major step forward Calls for maternity restrictions to be lifted at LUH Facebook Google+last_img read more

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Proposed rent increases will hit Donegal badly – Murray

first_imgNews Facebook By News Highland – June 14, 2013 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Need for issues with Mica redress scheme to be addressed raised in Seanad also It’s been claimed that some Donegal pensioners could see their rents increase by up to 50% if new government proposals are adopted.Inishowen Councillor Jack Murray says under new government proposals, there will be a state-wide minimum rent of €30 in three years time. This represents more than a 50% increase to Donegal pensioners who currently pay a rent of €19.50 a week.Cllr Murray says even with lower rents than other counties, some 50% of council households in the Donegal are in arrears, with €1.4million outstanding in council rents.This, he says, will put them under even more pressure…………[podcast]http://www.highlandradio.com/wp-content/uploads/2013/06/jackrent.mp3[/podcast] Pinterest WhatsApp Man arrested in Derry on suspicion of drugs and criminal property offences released Dail hears questions over design, funding and operation of Mica redress scheme Google+ Twittercenter_img Pinterest Google+ WhatsApp RELATED ARTICLESMORE FROM AUTHOR Proposed rent increases will hit Donegal badly – Murray Minister McConalogue says he is working to improve fishing quota Previous articleBuncrana Council Concern at recent beach incidentsNext articleGovernment support continues to drop according to latest poll News Highland Facebook Twitter Dail to vote later on extending emergency Covid powerslast_img read more

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Bloody Sunday families split on whether soldiers should be prosecuted

first_img WhatsApp Bloody Sunday families split on whether soldiers should be prosecuted Pinterest Google+ An Oireachtas committee has been told that the families of the victims of Bloody Sunday are divided on whether or not prosecutions against soldiers involved in the killings of 13 people should happen.Relatives of four of the victims appeared before the Oireachtas Committee on the Implementation of the Good Friday Agreement this afternoon following the publication of the Saville Inquiry Report on June 15th.One of the relatives, Tony Doherty, told the committee that the families are united in welcoming the vindication of all those killed and wounded, and they all believe that honours bestowed on members of the Parachute Regiment should be withdrawn.However, he said on the issue of prosecutions, there are differing opinions:[podcast]http://www.highlandradio.com/wp-content/uploads/2010/09/tony1pm.mp3[/podcast]Meanwhile, one of the relatives John Kelly, whos brother Michael was murdered on Bloody Sunday, says he strongly believes there should be prosecutions:[podcast]http://www.highlandradio.com/wp-content/uploads/2010/09/jkelly1.mp3[/podcast] Main Evening News, Sport and Obituaries Tuesday May 25th By News Highland – September 9, 2010 Facebook Pinterest News Gardai continue to investigate Kilmacrennan fire Previous articleMcGuinness forgot deathbed meeting with Fr James Chesney in DonegalNext articleGormley pulls out of Buncrana conference News Highland center_img WhatsApp 75 positive cases of Covid confirmed in North Twitter RELATED ARTICLESMORE FROM AUTHOR Twitter 365 additional cases of Covid-19 in Republic Google+ Further drop in people receiving PUP in Donegal Facebook Man arrested on suspicion of drugs and criminal property offences in Derry last_img read more

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