Source = e-Travel Blackboard: P.T Australians intending to take a holiday in the next twelve months has increased slightly, compared with same period last year, while Melbourne defies a decline in domestic holiday plans, according to Roy Morgan Research.The August 2012 quarterly results of the Roy Morgan Research Holiday Tracking Survey revealed overall holiday intention increased slightly from 68 percent last year to 69 percent in 2012.While international travel intentions increased by one percent, domestic holiday intentions decreased from 55 percent to 54 percent year-over-year.“With a more optimistic outlook and the Australian dollar still at a high level, an increasing percentage of Australians are taking advantage and planning an overseas holiday,” Roy Morgan Research international director of tourism, travel and leisure Jane Ianniello said. “New Zealand, UK, United States, Bali and Thailand are the most popular overseas destinations, with holiday intention to these destinations increasing.”Melbourne, Victoria continues to lure Australian tourists, despite the decrease in domestic travel plans. “It is growing in popularity in the short-break market as a place for shopping and dining, as well as cultural activities such as visiting museums, historical places, art galleries, concerts, and the theatre,” Ms Ianniello said. “Melbourne is also known as the events capital of Australia, with many people attending sporting, cultural and other events.”There are signs that holiday intention is rebounding after consumer confidence increased in August when Australians showed more confidence than a year ago about the Australian economy and their personal financial situation.Ms Ianniello said the challenge for the tourism industry was to recognise and target well-to-do and optimistic Australian travellers.“They are not the young under-30’s, nor the struggling families or older pensioners; they are the more affluent ‘socially aware’ and ‘visible achievement’ segments who are also likely to be ‘trusted advisers’ – those whose opinions are sought by others about travel destinations and experiences,” Ms Ianniello said.
YPE html PUBLIC “-//W3C//DTD HTML 4.0 Transitional//EN” “http://www.w3.org/TR/REC-html40/loose.dtd”> Cruise News
Sabre unveils sneak peek of new, next-generation travel agency platform www.sabreredworkspace.comSabre unveils sneak peek of new, next-generation travel agency platformGlobal travel technology leader Sabre Corporation (NASDAQ: SABR) has given travel consultants and suppliers across the airline, hotel, rail, cruise and car rental industries a sneak peek at its game-changing Sabre Red Workspace. The software solution will harness the changes in the industry and provide both retailers and suppliers with a content rich marketplace, intelligent decision support tools and predictive data insights that enable agents and suppliers to more easily create personalised experiences for travellers.Developed on Sabre’s merchandising platform providing access to its award-winning GDS, travel consultants around the world will benefit from a more intuitive way to book travel, while airlines, hotels and other industry suppliers are now empowered to market their brands in the same way they market in other channels.“Data, analytics, personalisation and mobile have been trending in the marketplace for some time and offer exciting opportunities for buyers and suppliers to meet changing traveller needs,” said Sean Menke, president of Sabre Travel Network. “Travellers want more than an itinerary; they want to feel confident about their purchases and expect a trip built around choice. That’s why in addition to a superior user experience, our new Sabre Red Workspace provides travel consultants with data insights, relevant offers and price transparency. Data and analytics are critical assets to increase productivity and efficiency in the retail world, and our travel insight engine will help drive decision-making, revenue optimisation and true personalisation.”Sabre will begin upgrading travel agency customers to the new solution in early 2017, after a pilot later this year.“Despite the South Pacific having a mature travel market, the impact of big data, social media and easier access to extensive travel information online over recent years has resulted in rising traveller expectations,” commented Richard Morgan, regional director for Sabre Travel Network South Pacific. “Travellers are expecting more choice, flexibility and personalisation – all while clinching an even better ‘deal’ each time. The new Sabre Red Workspace will help everyone – from the travel suppliers to the retailers – respond to these new demands.”Agents and suppliers who have been involved in the development of the innovative solution have helped drive the user interface of the new travel marketplace solution, combining the look and feel of a consumer-focused website with insights, tools and features that help drive more personalised offerings to sell travel more effectively.“This solution will position my travel consultants as the experts by providing them with unprecedented levels of data, in an easy to read way through the decision support bar. This will enable us to focus on person-to-person retailing which is key for us in this evolving industry,” commented Jen Micklethwait, Team Leader at CT Connections.What’s New? The combination of data-driven booking trend information with intuitive design and a consumer-grade user interface, smart product differentiation for air extras and Branded Fares, and inspirational shopping are among the many new features enabling agents to deliver personalised experiences and invaluable consultancy to their customers.The new Sabre Red Workspace intelligent platform features innovative integration of Sabre Dev Studio APIs, to equip travel consultants with a unique Decision Support Bar providing market data and intelligence services for fare trend and range, travel seasonality and alternate airports. Just imagine if a travel consultant could advise on the best time to book to get the best price, predict the best days of travel, or even offer more options to choose from including alternate airports displayed in interactive maps. That’s travel consultancy at its best, with simplified comparison shopping to cleverly serve the specific needs of travellers.The user-friendly interface of the new end-to-end solution also integrates revenue maximisation tools, including unique indicators that alert the travel consultants about opportunities to increase sales and commissions while offering differentiated options that cater to the traveller’s preferences. The enhanced product information, especially for air extras and Branded Fares, simplifies the shopping experience and reduces training times for newly hired travel consultants.Value for Suppliers The new Sabre Red Workspace is also an enhanced platform for suppliers. The Sabre platform features advanced merchandising capabilities with enhanced product information through images, video and more, enabling airlines, hotels and other travel providers to leverage the Sabre travel marketplace for an omni-channel marketing strategy. The graphically-rich workflow supports ancillary and branded fares sales, and enhanced hotel capabilities.“Sabre Red Workspace was designed with both supplier and agent needs in mind. Suppliers can count on improved consistency across channels while agents can work wherever and however they want, moving seamlessly between command and graphical interfaces,” said Menke.The new Sabre Red Workspace will provide a consistent user experience across multiple operating systems and devices, including desktop, Sabre Red Mobile for consultants while on-the-go, and Sabre Web Services powering the world’s leading online travel agencies. The new merchandising platform is an upgrade that proves continuous innovation to provide stability, speed and performance in travel commerce transactions.About Sabre Corporation Sabre Corporation is the leading technology provider to the global travel industry. Sabre’s software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. Sabre also operates a leading global travel marketplace, which processes more than US$120 billion of global travel spend annually by connecting travel buyers and suppliers. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world.Cautionary Note Regarding Forward-Looking StatementsCertain statements herein are forward-looking statements about trends, future events, uncertainties and our plans and expectations of what may happen in the future. Any statements that are not historical or current facts are forward-looking statements. In many cases, you can identify forward-looking statements by terms such as “promises,” “guidance,” “expect,” “will,” “may,” “should,” “would,” “intend,” “believe,” “potential” or the negative of these terms or other comparable terminology. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Sabre’s actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. The potential risks and uncertainties include, among others, the timing and effects of the implementation of the platform described herein, dependency on transaction volumes in the global travel industry, particularly air travel transaction volumes, the financial and business effects of acquisitions, including integration of these acquisitions, adverse global and regional economic and political conditions, including, but not limited to, economic conditions in countries or regions with traditionally high levels of exports to China or that have commodities-based economies, risks arising from global operations, exposure to pricing pressure in the Travel Network business, the implementation and effects of new agreements, dependence on maintaining and renewing contracts with customers and other counterparties, dependence on relationships with travel buyers, changes affecting travel supplier customers, travel suppliers’ usage of alternative distribution models, and competition in the travel distribution market and solutions markets. More information about potential risks and uncertainties that could affect our business and results of operations is included in the “Risk Factors” and “Forward-Looking Statements” sections in our Annual Report on Form 10-K filed with the SEC on February 19, 2016 and in the “Risk Factors” section in our Quarterly Report on Form 10-Q filed with the SEC on April 28, 2016. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future events, outlook, guidance, results, actions, levels of activity, performance or achievements. Readers are cautioned not to place undue reliance on these forward-looking statements. Unless required by law, Sabre undertakes no obligation to publicly update or revise any forward-looking statements to reflect circumstances or events after the date they are made.Source = Sabre
Emirates moves to an all Airbus A380 and Boeing 777 fleetIn line with its vision to offer a superior passenger experience and improve environmental performance through a modern and state of the art wide-body aircraft fleet, Emirates has retired the last Airbus A330 and A340 aircraft in its fleet from active service. This makes Emirates the first and only airline in the world to operate a fleet of allaircraft for its passenger flights.Emirates recently retired A6-EAK from operational service. The aircraft was the last of the 29 Airbus A330 aircraft that had been operating as part of its fleet. A6-EAK joined Emirates in 2002 and had flown for over 60,000 hours travelling close to 45 million kilometres in 14.5 years. That distance is equivalent to almost 60 return journeys between the Earth and the Moon. Emirates has also phased out A6-ERN, the last serving Airbus A340 in the fleet which had joined the airline in 2004, originally manufactured in 1999.Since January 2015, Emirates has retired 18 A330 and 5 A340 aircraft from its fleet. The average age of the Airbus A330 and A340 aircraft phased out from the fleet is 16.5 years- a figure which is well below the industry standard retirement age of 25 years. In addition to the aircraft that have been retired from active service since January 2015, Emirates plans to further phase out some 25 aircraft over the course of 2017 and 2018 to ensure that the operating fleet remains modern and efficient while offering customers a higher level of comfort and safety.The retirement of older aircraft is balanced by the induction of younger, more modern aircraft into the fleet. This has resulted in Emirates operating one of the youngest fleets in the industry with an average age of 5.2 years. The two youngest aircraft in the fleet- Emirates’ 85th A380- the first of the new generation A380 aircraft delivered in October 2016 and Emirates’ 125th Boeing 777-300ER- are less than 2 weeks old. Emirates’ fleet of all Airbus A380 and Boeing 777 aircraft will also have a smaller environmental impact as both aircraft types have better fuel efficiency and emissions performance than the retired aircraft.For the calendar year 2016 Emirates will have taken delivery of 36 new aircraft – 20 Airbus A380s and 16 Boeing 777. This also includes the next generation Boeing 777-300ER aircraft – with upgraded business class seats and other features including a lower fuel burn ratio – to be delivered from November 2016.Emirates is currently the largest operator of the Airbus A380 and Boeing 777 aircraft with 85 Airbus A380s and 160 Boeing 777s in its fleet. Out of the 234 aircraft worth over USD 112 billion that Emirates has in its order book, 150 will be the new Boeing 777X aircraft that will be delivered starting 2020. The aircraft will feature a range of passenger focused amenities on board including larger windows, higher ceiling, and a wider cabin in addition Emiratesdiscover more hereSource = Emirates
MSC MeravigliaMSC Cruises SuperSaver Sale ends TodayMSC Cruises Supersaver Sale ends Oct 31, 2018. Hurry to book your next holiday and SAVE. With savings up to $500 per cabin, now is the time to book your 2019 holiday!Valid on selected itineraries Summer 2019 and Winter 2019- 2020 in the Mediterranean, Northern Europe, Caribbean & West Indies, Cuba, Arabian Peninsula, South Africa, South America and Grand Voyages.Experience the new MSC Grandiosa, launching November 2019 from only $899 per person, twin share (based on November 23 departure). Sail the West Mediterranean, departing Genoa, Italy you’ll visit the historic city of Rome, Palermo in Sicily, World heritage Valletta, Malta, enjoy shopping in Barcelona and Marseille, FranceIn Northern Europe you can experience the Norwegian Fjords over 7-nights aboard MSC Meraviglia. Priced from $1,094 per person, twin share (based on 4 May 19 departure).In the Caribbean, you’ll also save on a selection of departures. From $799 per person sail onboard MSC Seaside for a 7-night Caribbean cruise. Departing Miami and visiting Ocho Rios, Jamaica, Cayman Islands, George Town, Cozumel in Mexico and Ocean Cay MSC Marine Reserve in the Bahamas.Just a sample of the Supersaver sale prices, ending October 31. DON’T DELAY to book visit msccruises.com.au, call 1300 028 502 or visit your local travel agent.Source = MSC Cruises
Jet Airways and Aeromexico has recently signed a Memorandum of Understanding (MoU) that outlines cooperation in the areas of enabling codeshare flights and frequent flyer programs. The MoU was signed by Naresh Goyal, Chairman, Jet Airways and Andrés Conesa, CEO, Aeromexico, on the sidelines of the IATA Annual General Meeting (AGM) in Cancun, Mexico.As part of the arrangement, both carriers will code on each other’s services between India and Mexico via common gates in Europe (London Heathrow, Paris Charles De Gaulle and Amsterdam). To begin with, Jet Airways will place its marketing code ‘9W’ on Aeromexico flights from London Heathrow to Mexico City. In turn, Aeromexico will place its marketing code on Jet Airways’ direct services from London Heathrow to Mumbai and Delhi.Speaking at the MoU signing ceremony, Naresh Goyal, Chairman, Jet Airways, said, “We are confident that this new codeshare partnership will stimulate the demand for business and tourist travel between India and Mexico. The new relationship between Jet Airways and Aeromexico illustrates our commitment as well as strategic efforts to continuously strengthen our network, connecting India with the rest of the world as well as providing opportunity and convenience to our guests who can now connect to Mexico from India via our European gateways and vice versa.”Andres Conesa, CEO of Aeromexico, added, “It is a great pleasure for us to settle this code share partnership with Jet Airways that will build new bridges and connect Mexico to India more easily. This achievement is a manifest of our will to continuously offer new flight destinations to our passengers. Also, by connecting with an important country as India, Aeromexico creates new cultural bonds and tourism exchange between both nations.”This comprehensive MoU signed between the two carriers, also includes cooperation in the area of reciprocal Frequent Flyer benefits for members.
in Government, Origination, Secondary Market, Servicing December 14, 2011 425 Views Agents & Brokers Attorneys & Title Companies Lenders & Servicers Mortgage Fraud Processing Service Providers 2011-12-14 Ryan Schuette California tops a list of states for mortgage fraud activity, as the state’s courts pursue more cases against alleged frausters, “”MortgageDaily.com””:http://www.mortgagedaily.com/MortgageFraud.asp found in an index it released Wednesday.[IMAGE]The Web site documented activity in FraudBlogger.com, a mortgage fraud blog.While California claimed the top spot, New York and Florida also found themselves perched considerably high on the index, followed shortly by South Carolina and Minnesota.[COLUMN_BREAK]Figures for mortgage fraud increased quarter-over-quarter, accelerating from $1,587,573,586 to $1,333,189,232 but fell year-over-year from $1,850,531,120, according to the Web site.””The Mortgage Fraud Index reflects current efforts by law enforcement officials to prosecute defendants who typically committed mortgage fraud three to five years ago,”” Sam Garcia, _Mortgage Daily_ founder and publisher, said in a statement. “”Many of the recently opened cases were uncovered by mortgage bankers who were forced to repurchase the loans,”” he added.California saw fraudsters leech funds away from its lenders, with dollar volume accelerating to $204,273,490, according to the Web site.New York ranked second by dollar volume in mortgage fraud at $199,600,000, followed by Florida with $144,320,669 and a ranking as the worst state for fraud on the index.South Carolina and Minnesota saw fraud for the two states fall last, with dollar volume for the former cresting at $108,978,654 and $76,400,000 for the latter. Fraud,California Leads U.S. in Mortgage Fraud: Study Share
Share in Data, Government, Origination, Secondary Market, Servicing, Technology February 14, 2012 435 Views In Pennsylvania, “”Brentwood Bank””:www.brentwoodbank.com/ is launching a consumer-focused division targeting small to mid-sized businesses. The financial institution recently announced the addition of its Relationship Banking Unit, which will be dedicated to securing opportunities for the bank within the local business community.[IMAGE]Through its new segment, Brentwood Bank will provide a “”relationship banker”” for borrowers and customers, ensuring that the same professional will handle the client’s needs during the lifespan of the consumer’s transactions. Each “”relationship banker”” will serve as a full-service banking and loan professional for clients within the unit. Brentwood Bank utilized personnel from within the commercial and retail banking divisions to form the unit, and additionally, the company hired one new staffer to augment the existing personnel, adding Betty Karleski to the unit. Karleski comes from a non-banking background, previously working as a professional in the healthcare field, but her reputation as an expert in relationship building and management influenced the bank’s decision to hire her as part of its new team.Thomas Bailey, president and CEO of Brentwood Bank, commented on the company’s divisional expansion, stating, “”Although nearly every bank says that it has some form of relationship banking, what we believe sets Brentwood Bank apart is our singular focus on being engaged in the communities we serve. Unlike the structure of large national banks, our relationship banking professionals provide a true full-service experience to our customers.├âÔÇÜ├é┬á The relationship manager will provide a one-stop shop our customers desire, facilitating each customers’ needs – from asset management to loan services to remote deposit.””Bailey went on to add, “”We believe we have the right team of people to best serve our customers and continue to grow our Relationship Banking Unit. We are taking what we do best – serving the communities in which we operate – and creating opportunities for our customers to grow their business.”” Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Processing Service Providers 2012-02-14 Abby Gregory New ‘Relationship Banking’ Unit for Brentwood Bank
Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Processing Service Providers 2012-02-23 Mark Lieberman February 23, 2012 439 Views Initial Claims Flat While Continuing Claims Fall Lower First time claims for unemployment insurance were unchanged at 351,000 for the week ended February 18, following upward adjustments for numbers recorded the previous week which represented a four-year record low. The “”U.S. Department of Labor””:www.dol.gov/ also reported that continuing claims fell 52,000 ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô the fourth drop observed during the first six weeks of the year. [IMAGE]The initial claims report covered the “”reference week”” used by the “”U.S. Bureau of Labor Statistics””:www.bls.gov/ in developing the organization’s monthly Employment Situation Summary. Initial claims were flat, suggesting a “”yellow flag”” for what economists have anticipated would be another positive employment report, which will be released March 9. The employment report reflects net activity ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô the result of hirings and firings ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô not the[COLUMN_BREAK]components, and a slow down in lay offs affected one part of the computation.First time continuing claims, which are reported on a one-week lag, have been below 3,400,000 since August 2008. The most recent decline recorded in ongoing claims is likely the result of individuals getting jobs or losing their qualifications. Total claims including emergency and extended federal programs fell 178,619 to 7,502,791 for the period, while extended claims ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô based on individual state unemployment rates ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô increased. Portions of the overall decline can be attributed to the expiration of benefits which is exacerbated when newly signed unemployment benefits legislation takes effect, but that said, initial claims have been on a steadily declining trend since September of last year, meaning the pace of layoffs continues to slow. Taken together with the continuing and extended claims, these statistics indicate that the labor market is steadily – if slowly – improving. However, a lot of slack in employment still exists, and the U.S. continues to evaluate the sustainability of the declines, since a similar dip from early February through the end of March 2011 was suddenly reversed during April.According to the Labor Department’s details, which is also reported on a one-week lag, the largest increases in initial claims for the week ending February 11 were in Massachusetts (+853), Puerto Rico (+352), Nebraska ( +345), Hawaii (+ 85), and Rhode Island (+69), while the largest decreases were in California (-8,462), Pennsylvania (-3,789), New York (-2,429), North Carolina (-2,199), and South Carolina (-1,538). in Data, Government, Origination, Secondary Market, Servicing, Technology Share
Share While the government works toward GSE reform, “”Keefe, Bruyette & Woods””:http://www.kbw.com/ (KBW), a financial services provider; says reform for the “”Federal Housing Administration””:http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/fhahistory (FHA) should also be a top concern. [IMAGE]””While FHA reform has been discussed, it has clearly played a secondary role to the more pressing issue of GSE reform,”” KBW stated in a recent report. KBW continued, “”However, we continue to believe that the two have to be done in conjunction to avoid a potential shift in volume back to the FHA.”” The agency grew from a portfolio of about $400 billion before the housing crisis to about $1.1 trillion since, all while its capital reserves fell to -1.44 percent in 2012 despite a mandated minimum of 2 percent. The FHA reported a projected capital reserve of -0.4 percent for this year before a rise to 0.2 percent in 2014. Meanwhile, the agency has upped its premiums and received $1.7 billion from the Treasury to bolster its financial status and keep the agency viable.[COLUMN_BREAK] In addition, the FHA plans to sell about 40,000 distressed loans in its portfolio this year, and it is focused on loss mitigation strategies in order to reduce potential losses. While its portfolio remains large, the FHA has reduced its footprint in the market somewhat. In particular, the agency has reduced its share of low down payment loans from more than 80 percent of the market to about 50 percent, according to KBW. Additionally, “”Going forward, we believe that higher-quality borrowers will take GSE loans with private mortgage insurance as opposed to FHA loans because of the significant price advantage,”” KBW stated. “”The longer-term role of the FHA should continue to narrow,”” according to KBW, which also pointed out, “”The price changes that are in place should help give the FHA a meaningful start in this direction.”” KBW praises the Protecting American Taxpayers and Homeowners (PATH) Act–a House of Representatives Bill introduced in July–for its attention to FHA reform. However, the financial services company doubts the act’s viability. The PATH Act would reduce the FHA’s role in the market, concentrating its efforts on first-time homebuyers, low- to moderate-income buyers, and homebuyers purchasing in disaster areas. The act also calls for risk-sharing on 10 percent of the FHA’s business. While these provisions are “”aligned with the government’s goal of supporting the low-income housing market”” and “”the government’s goal of bringing more private capital into the mortgage market,”” KBW does “”not expect it to get traction,”” because it calls for the eradication of the GSEs. October 22, 2013 438 Views in Government Agents & Brokers Attorneys & Title Companies Fannie Mae FHA Freddie Mac Investors Keefe, Bruyette & Woods Lenders & Servicers Mortgage Insurance Politics Service Providers 2013-10-22 Krista Franks Brock FHA Reform Is Just as Important as GSE Reform
A press release from the Office of the Comptroller of the Currency (OCC) revealed its final rule integrating policies and procedures for corporate activities and transactions of national banks and federal savings associations. The OCC also is adopting amendments to update its rules for agency organization and function.The rule is intended to do away with any unnecessary requirements, promote fair supervision, and promote the smooth operation of the institutions the OCC supervises, according to the news release. Technical and conforming changes where appropriate are also a part of the new rule to enable a provision to apply to national banks and federal savings associations, clarifies responsibilities of OCC licensing offices, updates the description of OCC supervision structure, and corrects contact information.Coincidentally, the timing and substance of the integration project overlaps with the decennial review of agency regulations required by the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA). The OCC staff took comments it has received in regards to EGRPRA notices and at EGRPRA outreach meetings into consideration when developing the final rule.“Changes made in response to comments aim to make the regulatory regime for both national banks and federal savings associations more efficient and streamlined where possible, consistent with safety and soundness,” the OCC said.The OCC will issue this final licensing rule prior to the end of the EGRPRA process on July 1, 2015. This is so that the agency can complete the upgrade of its corporate application and tracking system and provide significant improvement to the process associated with licensing activities for national banks and federal savings associations with no delays.To view the full rule: FederalRegister.gov OCC Reveals Final Integration Rule May 18, 2015 442 Views Federal Savings Associations Integrating Policies and Procedures National Banks Office of the Comptroller of the Currency 2015-05-18 Staff Writer in Daily Dose, Featured, Government, News, Servicing Share
With National Homeownership Month well underway, new research from Bankrate.com found that Arizona hosts three metro areas in the top ten cities for senior citizens to retire, while New York hosts some of the worst areas to retire. Phoenix, Arizona was named as the best place to retire, while New York City was named the worst city to retire.Bankrate.com reviewed 172 cities according to local weather, cost of living, crime rate, health care quality, tax burden, walkability, and senior well-being (a measurement from the Gallup-Healthways Well-Being Index that quantifies how satisfied residents 65 and older are with their surroundings).“Deciding where to retire is a very personal choice,” said Chris Kahn, Bankrate.com research and statistics analyst. “We ranked the cities on factors that matter most to seniors, but recognize that every city has its pros and cons that will be shaped by each individual’s personal experiences.”According to the research, the Phoenix metro area came out on top for its weather and high well-being score, and while New York City ranked number one for walkability and has a wealth of cultural activities for retirees, its high cost of living and high tax burden can make it a difficult place to live for people on a fixed income.“Just because a city ranks at the bottom doesn’t mean it’s a bad place to spend your golden years,” said Kahn. “Soon-to-be retirees should focus on what factors are most important to them and then consult rankings like this to see what cities best fit their criteria.”In Fannie Mae’s May 2015 National Housing Survey released today, consumer attitudes concerning the housing market showed vast improvement for the month of May, amid Bureau of Labor and Statistics (BLS) increased job reports. These positive changes also support the case for an increase in housing activity this year.The BLS’s May jobs reports showed an acceleration in average hourly earnings and reflected recent trends of firming personal income growth, revealing that the share of survey respondents reporting a significant increase in their household income climbed 4 percentage points to a near all-time high, Fannie Mae reported.“We have found that these two indicators–good time to sell and income growth–are key drivers for the performance of the housing market and play an important role in our soon to be released Home Purchase Sentiment Index (HPSI),” said Doug Duncan, SVP and chief economist at Fannie Mae. “The increase in these indicators suggests our forecast of moderate improvement in the housing market in 2015 is on course and mirrors the near-term performance of other leading market data, including mortgage applications and pending home sales.”Top 10 Best Cities to Retire:Phoenix, Arizona (including Mesa and Scottsdale)Arlington/Alexandria, VirginiaPrescott, ArizonaTucson, ArizonaDes Moines, IowaDenver, Colorado (including Aurora)Austin, Texas (including Round Rock)Cape Coral, Florida (including Ft. Myers)Colorado Springs, ColoradoFranklin, TennesseeTop 10 Worst Cities to Retire New York, New YorkLittle Rock, Arkansas (including North Little Rock and Conway)New Haven, Connecticut (including Milford, Bridgeport, Norwalk, and Stamford)Buffalo, New York (including Rochester, Niagara Falls, and Cheektowaga)Newark, New JerseyAlbany, New York (including Troy and Schenectady)Hartford, Connecticut (including East and West Hartford)Oakland, CaliforniaIndianapolis, IndianaCleveland, OhioClick here to view the complete Bankrate.com research. Share June 8, 2015 557 Views in Daily Dose, Data, Headlines, News, Origination Bankrate.com Best Cities to Retire National Homeownership Month Worst Cities to Retire 2015-06-08 Staff Writer Research Identifies Arizona as the Best Area to Retire; New York Deemed the Worst
When Will BCFP and Ginnie Mae Get a New Head? Michael R. BrightKathy KraningerThe nominations for Kathy Kraninger to head the Bureau of Consumer Financial Protection (BCFP) and Michael Bright to head Ginnie Mae was confirmed by the Senate Banking Committee today. Both the nominations now move to the Senate for a further vote to confirm them to these posts.While Kraninger’s nomination was passed with a close vote of 12-11, Bright’s nomination received a majority vote of the committees.Speaking to open to executive session, Committee Chair Mike Crapo said that if confirmed, the nominees would play an important role in “supporting our financial system, protecting consumers, overseeing the market for consumer financial products and services, or facilitating a global trade of U.S. goods and services.”Kraninger was nominated by President Trump in May to head the consumer watchdog and if confirmed, she would take up the responsibilities currently being handled by Mick Mulvaney, Acting Director, BCFP. Her nomination has been a contentious one from the start, with senators especially pointing out to her lack of experience to handle the responsibilities of the Bureau. At a banking committee hearing in July, members of the committee had asked some difficult questions related to her role at the Office of Management and Budget (OMB) where she currently serves as an Associate Director. They also asked what one could expect from her if she was confirmed as the Director of BCFP.If confirmed as Director of the BCFP, Kraninger had said that she would, “focus solely on serving the American people.”During her testimony, Kraninger hinted at pursuing a similar path as the current Acting Director Mick Mulvaney. She said that she had four initial priorities for the Bureau if confirmed as Director. The first priority she said would be to make the Bureau “fair and transparent.”Secondly, Kraninger intends for BCFP to work closely with other financial regulators and the States on supervision and enforcement. Third, she said, “The Bureau must recognize its profound duty to the American people to protect sensitive information in its possession.”And lastly, she said that she would look at making the Bureau “accountable to the American people for its actions, including its expenditure of resources.”Bright’s nomination, on the other hand, has proceeded smoothly. Nominated to head Ginnie Mae in May, Bright had said that he intended to continue Ginnie Mae’s ongoing work to strengthen and modernize the agency as well as ensuring that the security of the FHA, VA, and USDA loans it oversees to ensure better security price and lower rates for borrowers of these loans.“Between the work we have done administratively at Ginnie as well as the language recently passed into law, we have taken a major step towards rooting out behavior that was threatening the very viability of the Ginnie security, and thereby threatening the viability of the VA, USDA, and FHA programs we support,” Bright said. “We will not tolerate this behavior, and we now know that Congress stands with us. Collectively, our efforts are working. We can already see that in the form of a better security price, which directly translates into lower rates for FHA, VA, and USDA borrowers.”Read more about Kathy Kraninger’s nomination:Kraninger: ‘Will Make BCFP Fair and Transparent’ August 23, 2018 682 Views Banking Committee BCFP Consumers FHA Finance Ginnie Mae USDA 2018-08-23 Radhika Ojha Share in Daily Dose, Featured, Government, News
June 27, 2019 244 Views Affordability homeowners Millennials Rent 2019-06-27 Seth Welborn Homeowners and renters alike are facing affordability issues, according to a new survey from Freddie Mac. According to the GSE’s “Profile of Today’s Renter and Owner” study, over half of Americans are making spending or housing changes to afford their monthly housing payment. Additionally, 44% of renters and 35% of owners who had trouble affording their housing payment over the last two years reported having to move to afford housing costs.Still, the majority of both renters and homeowners believe their current situation is the most affordable option for them, but the idea that renting is more affordable than ownership is on the rise. Freddie Mac’s survey of around 4,000 households found that 82% of renters view renting as more affordable than homeownership, up 15 points from February 2018.However, renters are the most likely to be const-burdened. According to the survey, 34% of renters spend more than one-third of their income on rent, while only 25% of homeowners spend that much on their mortgage. The biggest obstacle preventing many renters from becoming homeowners, specifically low-income renters, is the down payment and closing costs. Around 88% of low income renters said the down payment and closing costs would be their biggest hurdle, compared to 72% of middle income renters. Many Americans have had to cut costs to afford housing, including 62% of renters and 47% of homeowners. Over half of renters, 55%, reduced spending on non-essential items such as entertainment, compared to 52% of owners. For younger homeowners and renters, student loans have had an impact on affordability, especially among renters. Freddie Mac found that 51% of younger millennials (aged 23-29) who rent had to make a different housing choice because of student loans, compared with 38% of younger millennials who own a home. Among older millennials (aged 30-38), the survey found 41% who rent and 36% who own experienced the same phenomenon.Additionally, over half of workers employed in the essential workforce, serving in crucial positions like healthcare, education and law enforcement, have made housing decisions with their student loan repayment obligations in mind. This includes 51% of owners and 53% of renters working essential jobs. in Daily Dose, Data, Featured, News, Origination Homeowners, Renters Alike Face Affordability Issues Share
AUS: Red Rich Fruits secures exclusive rights to C … T&G apple harvest underway amid expectations … You might also be interested in October 12 , 2018 PRESS RELEASEWenatchee, WA – With a fresh, bold look and exciting new direction, it’s only natural that Starr Ranch Growers would shine its PMA Fresh Summit booth spotlight on one of its newest and brightest proprietary apple varieties, the appropriately named JUICI™.In noting the company’s major rebranding, Starr Ranch Marketing Director Scott Marboe said, “We have a new look for the company and an energetic and exciting new direction and focus.” And as the company nears its 85th anniversary in 2019, Marboe said, “We are continuing to grow, and innovate. Things are really exciting!”JUICI™, which has been a big hit at PMA and with retail customers over the past few years, maintains its showcase status this year Oct. 19-20 at the Orange County Convention Center in Orlando, Booth 3273.Marboe noted that the Starr Ranch Growers team will be handing out JUICI™ apples and recipes as it conducts a cross-promotion with Litehouse brands. “It’s is not just an eating apple but a great apple to use in a multitude of cooking and meal options as well,” he said. The booth will have display bins and a new one-piece display and merchandising unit used at retail.“People have been raving about it and wanting it in volume for many years,” Marboe continued. “This year we are finally at the point in production where we can really start to promote it fully, and we are excited for people to taste it and also see the new and exciting things going on at Starr Ranch Growers.”Although not an overnight success, JUICI™ comes close. Since its introduction a few years ago, the breakout apple trademarked has captured not only the attention but also the taste buds of consumers here in the United States and in many foreign markets. Its incredible flavor and eating qualities come from its parents – it’s the happy union of a Honeycrisp and Braeburn – and combined with the energetic promotions Starr Ranch has put into motion, JUICI™ has become a consumers choice at retail.Leigh Vaughn, senior category manager of produce with Associate Food Stores based in Salt Lake City, Utah, wrote, “The JUICI™ apple is a fantastic addition to our line of Starr Ranch Premium apples and we look forward again to this great flavored addition to our retail offerings.” And in the Windy City, Scott Bennett, vice president of produce/floral for Jewel-Osco, said, “We have been featuring the JUICI™ since it first came to market a few years ago. We get asked multiple times a year when it is going to be available again. It is very popular here in the Chicago market.”New Englanders, too, love the JUICI™. Denise Dryzga, category manager/produce for Hannaford Supermarkets based in Portland, ME, said, “JUICI™ lives up to its name, very juicy with a big crunch. It is driving sales in our specialty apple subcategory, tied at the number-one spot with 17 percent growth.”And Mike Tipton, vice president of produce and floral at Schnucks, said, “We look forward to the start of the JUICI™ apples because it gives us an opportunity to offer our customers a great tasting, uniquely flavored apple that many keep coming back for.”Marboe said the 2018 crop has come in with much better sizing, although volume is down some. “Sizing is much better than last year when we had so many small apples, but this year it is a much better bell curve. There are not as many jumbo sizes as we expected, but we have a nice peak of 88,80 size on most varieties.”And, he added, “Our organic production is up because of internal orchard growth and the addition of Apple King to our packers.”All told, there will be close to 200,000 cartons of conventionally grown JUICI™ this year, and Marboe said organic JUICI™ will be available in 2020. Apples in Charts: Honeycrisp, the queen of the U.S … EU: High apple stocks ‘put dampers on’ hopes for p …
hotels & resortsSix Senses Six Senses Hotels Resorts Spas has appointed travel and tourism agency Klick Communications as its Australia and New Zealand public relations representatives.Six Senses properties focus on sustainable building and operating practices, offering an intuitive and quirky take on hospitality. Wellness lives at the heart of the brand which currently operates 11 resorts across Thailand, China, Vietnam, Maldives, Seychelles, Portugal and Oman, and 28 spas across 20 different countries under the brand names Six Senses, Evason and Six Senses Spas, with plans to triple their portfolio over the next five years.Kim McKay, Founder and Director of Klick Communications says, “We are thrilled to be working with Six Senses, a brand that has always been well ahead of the game in terms of their unique approach to hospitality, wellness and sustainability efforts. There are so many exciting things coming up for Six Senses, with the opening of Six Senses Fiji in April and Six Senses Uluwatu, Bali later this year particularly of interest for our market.”
agentsAustralia New Zealand Discover the WorldNational Geographic ExpeditionsPonanttrade webinars National Geographic has launched National Geographic Expeditions in Australia and New Zealand, with over 250 unique travel experiences showcased on a new dedicated travel section of nationalgeographic.com.au. Andrea Robinson, Country Director Australia & New Zealand, National Geographic Expeditions said, “The launch of National Geographic Expeditions in Australia and New Zealand is a significant turning point for the business and an exciting new chapter. To highlight all our trip types and extensive itineraries across 80 countries we have launched a new travel section to our website which delivers an engaging and responsive digital experience across mobile and desktop.”To facilitate the booking process for all Land Expeditions, Private Expeditions, Unique Lodges and Private Jet trips, National Geographic has partnered with Discover the World.Jeannie Foster, Country Director Discover the World said, “Discover the World are delighted to represent National Geographic in Australia and New Zealand. They offer a diverse and unique range of exciting itineraries that travel customers are looking for. We look forward to contributing to their success in bringing the iconic National Geographic brand to our Australian trade partners.” Webinars designed for trade partners will be coming soon.
0 Comments Share In fact, the veteran is pretty impressed with the sixth-round pick from San Diego State.“He’s a confident guy, he’s a guy that has come in and gained a grasp of the offense very quickly,” Heap told Arizona Sports 620’s Burns and Gambo Tuesday. “He’s got a good presence in the huddle, he’s got a good presence on the field. “He makes some tough throws.”Heap said it’s tough for a quarterback to come in and play well after not receiving the starter’s share of practice reps leading up to a game, and even though Lindley struggled to the tune of completing just 9-of-20 passes for 64 yards, he’s confident the player has a bright future. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impact Top Stories Arizona Cardinals tight end Todd Heap has not played in a game since suffering a knee injury against the New England Patriots in Week 2. Still, he’s had a good look at what’s been going on this season, including the offense’s continued struggles. Things may have come to a head last week when head coach Ken Whisenhunt benched John Skelton in favor of rookie Ryan Lindley, but the move, while shocking to some, didn’t really surprise Heap. Derrick Hall satisfied with D-backs’ buying and selling
The Cardinals had no semblance of a running game, gaining just 29 yards on 15 carries. Arians admitted after the game that they should have run more, but Lindley didn’t want to use that as a crutch.“I wouldn’t put anything on that, or use that as an excuse,” he said. “I think part of the reason for that is when you’re in the second half and you’re down a couple of scores, you have to pass the ball a little bit. You can’t sit on it.”After trailing 14-3 at halftime, the Cardinals threw 29 times in the second half and ran the ball on only six occasions.It’s unknown if Lindley will get another start in next week’s regular-season finale on the road against the San Francisco 49ers. The hope is that Stanton, who was inactive for Sunday’s game, will be healthy enough to play. But if Lindley gets the call, he’ll be ready to go.“At the end of the day, there’s another opportunity next week. We’ll get after it,” he said. “Like (Coach Arians) said to us today, we’re in the playoffs. It’s not like this is the end of the road or this is the end-all, be-all for us. “We have another opportunity next week to get better and we’ll see who we play, given what happens around the league, who we play a week after that.” The Cardinals had a golden opportunity midway through the second quarter. On a third-and-goal from the 4-yard line, guard Ted Larsen committed a false start penalty. From the 9-yard line, Lindley’s pass to John Brown was incomplete and Arizona settled for a 27-yard field goal from Chandler Catanzaro. They had the lead, yes, but a touchdown may have changed the complexion of the game.“We had a shot,” Lindley said. “We had that one nice drive where we got down there. We’ll look on film to know for sure, we’ve just got to punch it in. “That’s going to fall on my shoulders; getting the ball in the right place and the other guys getting the ball in the end zone.”Head coach Bruce Arians didn’t pin the offensive struggles on his inexperienced quarterback. “I think he needed some more help. He put us in position sometimes,” he said. “He didn’t jump offside on third-and-goal from the four, that’s for sure. Points were going to be at a premium for us.“But, overall, he did about as well as I expected. He threw one bad ball there at the end for the interception, but that’s it.” – / 17 Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impact GLENDALE, Ariz. — It’s almost cruel to have a home game this important only to have to go into it with a third-string quarterback making only his fifth NFL start.That’s the scenario the Arizona Cardinals found themselves in Sunday night when they hosted the defending Super Bowl champion Seattle Seahawks with a chance to clinch the NFC West crown and homefield advantage throughout the playoffs. With Carson Palmer out for the season and Drew Stanton unavailable with knee injuries, Ryan Lindley — who spent a good portion of the season on the San Diego Chargers’ practice squad — got the call to start. It didn’t go well against a Seattle defense that is playing at a championship level. Lindley completed 18-of-44 passes for 216 yards and an interception in a 35-6 loss to the Seahawks Sunday night at University of Phoenix Stadium. While the Cardinals weren’t very good in any area of the game, the third-year pro out of San Diego State took the bulk of the responsibility.“We’ll look at the film and see where specifically we can make more plays, but the buck starts and stops here,” Lindley said. “For me, that’s not how I wanted to go out and play and I know we’ll get better going forward.”Seattle’s defense dominated the game, holding the Cardinals to two field goals, 216 total yards and just 20 percent (3-of-15) on third-down conversions. They also intercepted a pass and sacked Lindley four times.“That’s a good group. They’re the No. 1 ranked defense in the National Football League, so they’re the cream of the crop,” Lindley said. “But at the same time, you’ve got to go out and you’ve got to execute. This is a job and you’ve got to be a professional.“The coaches set up a good game plan for us to succeed and there were some things, starting with myself, that we didn’t execute.” The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Derrick Hall satisfied with D-backs’ buying and selling Comments Share Top Stories
The Arizona Cardinals have one of the most potent offenses in the NFL.Through eight games they are first in the league in total points, with 263, and second in the NFL in average points scored per game, at 32.9. They are also third in the NFL in total yards.Be it by land or by air, their offense has been very difficult for opponents to stop this season, with QB Carson Palmer, RB Chris Johnson and WR Larry Fitzgerald leading the way. Comments Share The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Derrick Hall satisfied with D-backs’ buying and selling Top Stories But halfway through each of Palmer, Johnson and Fitzgerald has been better than anyone would have expected, and they’re the main reason the Cardinals are 6-2 and leading the NFC West. Grace expects Greinke trade to have emotional impact Former Cardinals kicker Phil Dawson retires That trio, by the way, was named the third-best triplets in the NFL by NFL.com’s Dave Dameshek.3) Arizona Cardinals: Carson Palmer,Chris Johnson & Larry FitzgeraldPreseason rank: No. 24This mature trio might look like the casting call for a Cialis ad, but the vets are functioning at the highest level on NFL gridirons so far this season. (Did anybody see the Chris Johnson resurgence coming?)The Cardinals’ trio trails only New England’s Tom Brady/Dion Lewis/Rob Gronkowski and Green Bay’s Aaron Rodgers/Eddie Lacy/Randall Cobb, and is no doubt deserving of its high standing and improved ranking.Palmer is tied for the league lead with 20 touchdown passes, is first in yards-per-attempt, fourth in total passing yards and fourth in passer rating.Johnson is second in the league with 676 rushing yards, with his 4.8 yards-per-carry average being the highest he’s carried since 2009.Fitzgerald is fifth in the NFL with 55 receptions, which he has taken for 706 yards and seven touchdowns, which puts him on pace to set some career-high marks in this, his 12th season.Whether or not this trio, with each member being over 30 years of age, will continue to play at such a high level the rest of the season remains to be seen. Also, it’s possible that someone like John Brown — who is second on the team in receptions and himself having a very good season — could overtake Fitzgerald as the receiver in the group.