Category: udruhrosejzi

National Microfinace Bank Plc (NMB.tz) Q32016 Interim Report

first_imgNational Microfinance Bank Plc (NMB.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2016 interim results for the third quarter.For more information about National Microfinance Bank Plc (NMB.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the National Microfinance Bank Plc (NMB.tz) company page on AfricanFinancials.Document: National Microfinance Bank Plc (NMB.tz)  2016 interim results for the third quarter.Company ProfileNational Microfinance Bank Plc (NMB) is a commercial bank in Tanzania offering financial solutions for individuals, small-to-medium-sized businesses and large corporations. NMB operates in several segments; wholesale banking, retail banking, agribusiness and treasury. Its product offering ranges from current and savings accounts to time deposits to fixed deposits, and Kilimo, Chap and Chipukizi accounts. NMB also offers loans to entrepreneurs, bank guarantees, and export and import financing, supply chain financing and letters of credit. Other services include forex, cash exchange, institutional and transactional banking, and payment and collection services. NMB has an extensive network of branches and ATMs in the major towns and cities of Tanzania. National Microfinance Bank Plc is listed on the Dar es Salaam Stock Exchangelast_img read more

In dire economic crisis, lessons from the most oppressed

first_imgThe U.S. is in a historic, crushing economic crisis, accelerated by the COVID-19 pandemic. While the Bureau of Labor Statistics reported on May 21 the official unemployment rate was 14.7 percent, that same day Fortune magazine — a voice of the capitalist class — said the U.S. real unemployment rate was now 22.4 percent.This is the highest U.S. unemployment rate since the 1930s’ Great Depression. As of May 21, 38.6 million people had filed for unemployment — more than the combined population of 21 states. One-fourth of the workers in Hawaii, Michigan and Nevada are out of a job. (bls.gov/bls/news.reles) And these statistics do not begin to factor in an estimated 2 million incarcerated workers, along with undocumented migrant workers.Capitalists use these numbers to assess economic damage to their class and to make plans to save their profits.Communists look at these numbers and know that it’s us and our family, friends and co-workers waiting in car lines 6 miles long for surplus food, trying to get emergency care from a doctor when health insurance was lost with the job, trying to keep from being evicted because there’s no money to pay the rent.Communists look at the statistics and know the hidden facts: Most of the people losing jobs are already low-wage workers, because almost half of U.S. workers between 18 and 64 are employed in low-wage poverty jobs and paid median annual wages of only $18,000. (tinyurl.com/ya38q5tf)Low-wage workers who are nationally oppressed — Indigenous, Black, Latinx, Asian-Pacific Islander — always receive even lower, poverty-level wages than poor whites, some groups as much as two times less. (tinyurl.com/yces3tuv) Racism rears its ugly head again in the fact that one-third of all U.S. Muslims live at or below the poverty line — the majority of U.S. Muslims are Black, Latinx or Asian. (tinyurl.com/yblpzncz)Of 23 million low-wage workers, two-thirds are women. If statistics were kept for gender-nonconforming people, an even bigger number would be in the category of “low-wage women and gender-oppressed workers.” Women are typically paid 15 percent less than white male workers — with a greater gap for women of color. (tinyurl.com/y9xzcvvr)According to the BLS, in 2019 only 19.3 percent of people with a disability were even employed.Communists look at these facts and know who is suffering — and we look at our family, friends and co-workers and also see who is militantly organizing.Because all over the U.S. low-wage and oppressed workers are rising — from sanitation workers to health salon workers, from nurses to meatpacking plant workers. They are being led by people of color, women, LGBTQ2+ people and people with disabilities — all rising up to fight for their lives.Fighting for their lives is not a metaphor, but a literal truth as low-wage “essential” workers still on the job go toe-to-toe with their bosses in an attempt to get life-saving personal protection equipment and other health safeguards.For workers out of a job, economic “help” from the U.S. or state governments is completely inadequate, if not deliberately withheld. As of May 15, according to One Fair Wage, 44 percent of people who applied for unemployment have either been denied or are still waiting to be approved.Many millions of workers are now those who have “nothing to lose but their chains,” as the Communist Manifesto says. These are the “chains” of wage slavery.Lessons from past strugglesUtmost in importance now is to remember the lessons of struggle that have been given to us from those who fought for centuries against U.S. colonialism, enslavement and capitalism.First and foremost is solidarity — the need to forge bonds of sympathy, unity and strength — to fight each other’s battles as if each was our own.The struggle against white supremacy is at the core of this solidarity — as it always has been — as the capitalist ruling class again marshals all its official and vigilante forces of neofascism to try to turn white workers against oppressed nationalities and other oppressed groupings.The other key lesson that we’ve been given by the fighters before us is to aim and dream for the world we want — not the deal our oppressors offer. Now is the time to advance demands that take us closer to the world we dream of.We say: Food is a right! A job is a right! A guaranteed more-than-living wage and/or income are rights! Health care is a right! Freedom from racism and all forms of oppression are rights! Freedom from incarceration, either in prisons or detention centers, and from deportation, is a right! And in our world, these rights are for every person — whether in the official “workforce” or not.Every day during this economic pandemic crisis, the most oppressed are leading in struggle, and every day they are teaching us again an age-old lesson from Black freedom fighter Frederick Douglass: “Without struggle, there is no progress.”Let us go forward to meet that challenge, wherever we are. Solidarity forever.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

How long will Peru last? History weighs on today’s events

first_imgBy Sergio Rodriguez GelfensteinThe writer was the director of international relations in Venezuela’s presidential office and the country’s ambassador to Nicaragua. Currently, he is a guest professor at Shanghai University in China. This article was posted at sergioro07.blogspot.com on Nov. 13. Translation: Michael Otto.Mariategui’s magazine, Amauta. Credit: Juan Fajardo, Public domain, via Wikimedia CommonsIn his “Seven Essays on the Interpretation of Peruvian Reality,” José Carlos Mariátegui explains how the Spanish colonizers destroyed the “phenomenal production machine” of the Incas in Peru without being able to replace it. [The Inca empire created 25,000 miles of roads and stretched from the current borders of Colombia and Ecuador through Peru and Bolivia to northwest Argentina and Chile in the south.]The Inca empire was characterized by the nationwide integration of agricultural and sedentary communes that enabled the whole population [of 10 million] to live with material well-being.Spanish colonizers raze Inca empireThe Spanish dissolution of societal unity isolated scattered Indigenous communities, which was the beginning of the problem. This colonial exploitation of the mines of gold and silver and of the soil transformed an Indigenous socialist economy into one of a feudal character.This empowered a viceroyalty [appointed by the Spanish monarchy] to super-enrich itself and to form a “military and ecclesiastical enterprise,” rather than a political and economic structure. That is the origin of the Peruvian political class, which in its first moment was made up of a tiny population of “viceroys, courtiers, adventurers, clergy, doctors and soldiers.”According to Mariátegui, revered as the most extraordinary thinker in Peruvian history, the basis of that colonial economy still maintained such a [class] structure, although it had started its transition towards a bourgeois [capitalist] economy by 1928. That year he wrote his colossal “Seven Essays.”Mariátegui said: “The problem lies in the very roots of this Peru, the fruit of the conquest. We are not a people that assimilates the ideas of the people of other nations, [without] infusing them with our feelings and environment, and thereby enriching them without deforming, the national spirit.” [Anti-colonialists] General José de San Martín and Simón Bolívar lived it themselves.We are a nation in which Indigenous and conquistadors lived together without ever merging or understanding each other. The Republic identifies with the viceroyalty and even confesses it is what it feels itself to be. As with the viceroyalty, the Republic is the Peru of the colonizers, more than of the colonized. The sentiments of four-fifths of the population play almost no role in the formation of the nation and its institutions. After almost 100 years, this X-ray created through the record of the Amauta [a periodical started by Mariategui] remains intact.Anti-colonialist strugglePeruvian society of the [early] years of independence was chaotic. Anti-colonialists General José de San Martín, assisted by Bernardo de Monteagudo, tried — under pressure from the secret anti-colonial society to which he belonged — to give some order to the management of government. But a feudal structure was still present.Used to its splendors and noble titles, that aristocratic parasitic class made organizing impossible and initiated a conspiracy from the very moment of San Martín’s arrival into Peru from Rio de la Plata. They even murdered Monteagudo, a cultured Black man whom they did not forgive for being intelligent, efficient, uncorrupt in his administration.Neither did they imagine that San Martín would take such drastic measures as the expropriation of goods from the Spaniards and even expelling them from the national territory. The Peruvian oligarchic caste that emerged from independence sided with the Spanish and against the independence leader, San Martín, who came with an international army to give Peru a homeland and freedom.The same thing happened to Simón Bolívar. After the installation of the new Congress and San Martin’s resignation in September 1822, Peru’s new government was unable to resist the Spanish attack that sought to regain power. Under those urgent circumstances, on several occasions, the support of the pro-independence forces in Colombia and the presence of Liberator Bolívar himself were needed to save the situation and to lead the war of independence.1823: Role of Liberator Simón BolívarIn January 1823, a critical horizon was looming. In March of that year, Bolívar decided to send a large military contingent under the command of General Antonio José de Sucre, who had absolute powers to try to resolve the conflict that emerged from the division among the Peruvians and the dual power that emanated from it. Sucre’s task was difficult. Despite offering his services to General Andrés de Santa Cruz, a Bolivian in the service of Peru, it was impossible to organize an army to contain the Spaniards, due to Santa Cruz’s military incompetence and excessive political ambition.Bolívar arrived in Peru on Sept. 1, 1823. On Sept. 11, Congress gave him the supreme command and leadership of the war, which awakened the anger of the Peruvian General José de la Riva Agüero, who was bankrolled by Lima’s merchants to act separately from the forces commanded by Bolívar. Bolívar’s troops were under the command of President Torre Tagle.Riva Agüero had a secret understanding with the Spanish to try to dissolve the new Congress and destroy Bolívar. This constituted a betrayal that would continue contributing to a practice that became traditional in the evolution of the Peruvian oligarchy. It was Peru’s good luck that this betrayal was discovered, denounced and dismantled by the patriotic Colonel Antonio Gutiérrez de la Fuente.1968: New civic-military governmentMore than 100 years passed until Oct. 3, 1968, when a nationalist and progressive sector of the armed forces decided to overthrow the dysfunctional government of Fernando Belaunde Terry.Under the command of General Juan Velasco Alvarado, a process of rescuing dignity and national heritage began, directly affecting U.S. transnational companies that campaigned for privileges in Peru.At the same time, extensive agrarian reform was implemented under the control of peasant cooperatives and agricultural societies of social interest. These reforms opened a true revolution in the countryside. The civic-military government decreed Quechua [the Inca language] as the official language and expropriated agro-industrial and mining complexes and big monopolies that assisted in shaping a powerful state economy that could serve the people.1975: A pro-imperialist ‘soft’ coupOn May 1, 1974, the Peruvian popular process took a leap forward when General Juan Velasco Alvarado announced new measures to benefit the workers and the people. But, in the first months of 1975, he became seriously ill, creating the conditions for a new betrayal. Then, sectors of the armed forces led by General Francisco Morales Bermúdez colluded with the oligarchy, the U.S. Embassy and the international financial organizations to carry out a “soft” coup d’état.These forces systematically eliminated all the social advances achieved in the previous seven years. Agrarian reform was paralyzed. The governmental structures that supported the reforms were dissolved. Popular organizations were persecuted and repressed. Many businesses were reprivatized, and companies eliminated the unions. By 1978, once again, the betrayal had been consummated.1985: Popular government brings reformsIn 1985, at the hands of a young politician named Alan García, the American Popular Revolutionary Alliance (APRA), which was founded 60 years earlier by Víctor Raúl Haya de la Torre, came to power for the first time. Garcia’s government implemented a series of popular measures under the slogan “Aprismo is Latin American socialism.”The APRA government set out to regain control over oil production and expropriate the banks. In addition, it introduced the novel measure of reducing payment of the foreign debt to 10% of the value of the exports.However, the government’s inability to generate a real and profound transformation of society with popular participation, as well as the exhaustion of financial resources, the increase in terrorist action by Sendero Luminoso and the elites’ repulsion for the popular measures, were diminishing popular support.1990: Right wing takes overThe Peruvian people once again felt betrayed, opening the way for two demonstrations by the extreme right wing which sought to regain power. These forces had President Alberto Fujimori and the reactionary intellectual Mario Vargas Llosa as leaders of a regression that began in 1990. The country still has not been able to extricate itself from it.Thus began a process that lasted during the rule of six successive presidents: Fujimori, Alejandro Toledo, Alan García, Ollanta Humala, Pedro Pablo Kuczynski and Martín Vizcarra, who were taken from the Casa de Pizarro to be judged and/or imprisoned later (except for Valentín Paniagua and also Garcia, who committed suicide as a last resort). This scenario had two common characteristics: a corrupt management and governance so much at odds with their campaign platforms as to constitute a betrayal of the mandate and the feeling and will of the people. It is the cursed fate of the Peruvian oligarchy.Parenthetically, the name of the Peruvian presidential palace, Casa de Pizarro, is noteworthy in that it evokes and honors Francisco Pizarro, the brutal conqueror who betrayed [the last] Inca [leader] Atahualpa, brutally murdering him and tens of thousands of Indigenous people. Pizarro’s brother, Hernando, in turn, betrayed his partner, Diego de Almagro. All of this inaugurated a lineage that likely still exists in the rancid Lima oligarchy.Who can then be surprised by what has just happened in the country? In reality, two rotten sections of the elite have clashed in the search for the power, which allows them to continue defending their interests with impunity. Corruption, deception and marginalization of the people — omitting them from decision-making — is, of course, all done in the name of democracy and freedom.It is also worth mentioning the unflattering environment that the so-called “Lima Group” created in that city in its attempt to overthrow Venezuelan President Nicolás Maduro, who remains in office. Meanwhile, two Peruvian presidents have been pushed aside for their corruption, and a third, who is barely hanging on.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

COVID-19 cases increase as semester comes to an end

first_imgprintThis story was updated at 11:17 a.m. Nov. 13 with revised information about testing. TCU officials are asking students to get tested for COVID-19 before they travel for the winter holiday, as cases have increased to almost 100 over the past week. As of Nov. 10, there have been 105 confirmed new cases at TCU, more than the total recorded new cases for the entire month of October.The spike in cases on campus corresponds to the situation in Tarrant County. The number of newly reported cases each week has been on the rise since September. The week ending Nov. 7 marked a peak of weekly cases in the county, with 4,341 new confirmed cases and 1,062 probable cases. Cases in Tarrant County have overtaken what the initial peak was in July.This comes as the U.S. surpassed 10 million cases and is setting single-day records for new cases. To help stop the spread of COVID-19, TCU is offering free, rapid COVID-19 testing across campus for all students before the semester ends.“With COVID-19, there are so few things that we know for sure, one of the things that we do know for sure, that health experts agree on, is that the more you travel, the more opportunity you have to spread or catch the virus,” Chancellor Victor Boschini said.This voluntary testing process is part of the university’s goal to limit the spread of the virus to students’ family members as they leave campus. The voluntary testing procedures are an easy way for students to make sure it is safe for them to travel home. Vice Chancellor for Student Affairs Kathy Cavins-Tull said, “We ask all of our students to get tested and limit close contact with anyone before they travel home to help keep themselves, their families and the communities they are traveling to healthy.”Getting tested for COVID-19 The process takes about 20 seconds. The test administrator will swab each cheek, the upper and lower gums, underneath the tongue and on the roof of the mouth. Administrators are encouraging students to schedule appointments in advance to keep lines down and allow any student who wants a test to get one, though an appointment is not required. Students will need to show their driver’s license and to wear a mask before and after the test. To schedule an appointment to get tested, click here. “It is imperative that our community remain vigilant and proactive in our efforts to stay healthy. Remember to wear a mask, avoid large social gatherings, wash your hands and stay six feet apart,” Cavins-Tull said.The testing will be held in the Lot 6 parking lot and will run 9 a.m. to 6 p.m. from Nov. 16 until Dec. 4. Results will be available to students between 24 and 48 hours after the test and will be delivered through either a text message or an email. Football game brings challenges to first weekend class Logan Gibbshttps://www.tcu360.com/author/logan-gibbs/ Linkedin Logan Gibbs Twitter + posts World Oceans Day shines spotlight on marine plastic pollution Twitter FTDM students capture life at TCU amid COVID-19 for documentary project Logan Gibbshttps://www.tcu360.com/author/logan-gibbs/ ReddItcenter_img Logan Gibbshttps://www.tcu360.com/author/logan-gibbs/ A medical worker stands at a COVID-19 state drive-thru testing site at University of Texas at El Paso on Oct. 26, 2020, in El Paso. (Briana Sanchez//The El Paso Times via AP) TCU forensics to discuss TCU’s history Facebook Facebook ReddIt TCU places second in the National Student Advertising Competition, the highest in school history Previous articleHoroscope: November 13, 2020Next articleDespite projected results, key days still ahead in post-election process Logan Gibbs RELATED ARTICLESMORE FROM AUTHOR Linkedin Welcome TCU Class of 2025last_img read more

Body identified by Gardai

first_imgNewsLocal NewsBody identified by GardaiBy admin – June 1, 2010 645 Gardaí in Limerick are anxious to trace the final movements of Lee, and as such are appealing to members of the public to contact them with any information they may have. In particular, Gardaí are appealing for anyone who saw or heard anything on Thursday night (late) 27/5/10 or Friday morning (early) 28/5/10 in the Ballynanty or Delmege House areas.As part of a search of the wider area, Gardaí have recovered a handgun, which is currently being technically examined.Any member of the public can contact the Gardaí in strictest confidence at the incident room in Mayorstone Garda station (061 456 980), the Garda Confidential line 1800 666 111, or at any Garda station throughout the country. Twitter WhatsApp Gardaí have identified the body discovered on the 31st May 2010 as Lee Slattery (aged 24), who had been  missing from the  Ballynanty area of Limerick since the 27th May 2010.Sign up for the weekly Limerick Post newsletter Sign Up The body was discovered in the Delmege House area. This is an old estate near Moyross. The post-mortem on the body has been completed,  and the results have been supplied to the investigation team. They show that Lee died as a result of gunshot wounds. Print Email Linkedin Facebook Advertisement Previous articleBody found in waste groundNext articleO’Dea takes to the road again adminlast_img read more

City businesses come up trumps for suicide volunteers

first_imgCelebrating a ground breaking year in music from Limerick Facebook Advertisement Shannon Airport braced for a devastating blow Linkedin Local backlash over Aer Lingus threat Emma Langford shortlisted for RTE Folk Award and playing a LIVE SHOW!!! this Saturday THE Limerick Post came to the rescue of the Corbett Suicide Prevention Patrol (CSPP) last week after the newspaper issued an appeal for bicycles to help the volunteers operate their nightly patrols along the Shannon river.The Limerick group patrols the Shannon riverbanks at the weekends and last week they asked The Limerick Post and Live 95FM to issue an appeal for local businesses to sponsor bicycles for them so they can cover more ground at night.Sign up for the weekly Limerick Post newsletter Sign Up Within 24-hours, they had an overwhelming response to the appeal.Frank Hogan Motors on the Dublin Road donated four bicycles; Tribikes in Raheen donated another two; Auto Exchange on the Dock Road made a cash donation for the price of a bicycle, Pro-Image on the Ballysimon Road donated signage for the bicycles and Fran O’Donnell at Futureama Productions donated a defribillator.“I’m very humbled by the response we’ve had from the business community and the ordinary people of Limerick since this appeal went out,” said CSPP volunteer Paul Hogan.“We’ve achieved more in the last 24 hours than we’ve achieved all year. It’s been a very good day and it just goes to show you the power of the media. We are very grateful for all the support we’ve gotten so far. The people of Limerick have really gotten behind us and we’ve been very moved by the generosity of local people and businesses. It’s incredible,” said the gobsmacked CSPP spokesman.Meanwhile, this Tuesday evening, over 50 people attended CSPP’s volunteer open night at Clohessy’s Bar on Howley’s Quay. Mr Hogan said it was the biggest turn out the patrol group has seen since setting up a year ago.“We are delighted to see so many people wanting to volunteer with us. This however, won’t be for everyone and that’s okay because there is other ways you can lend your support like fundraising. We come across incidents on the river that you have to be very mentally strong for, incidents that will affect you when you go home at night,” said Mr Hogan.“We have a saying in our group that it’s okay not to be okay and members of our team have been so affected by what they have seen at night on patrol that they have suffered post traumatic stress. We would be more concerned if they weren’t affected by what they see, so you have to ask yourself how you would feel if someone who has entered the river won’t take the flotilla you are throwing them to save their lives. You have to ask yourself how you would feel when they throw their arms up in the air to show they want to give up,” he concluded.Anyone interested in in the work of the volunteers can follow them on the CSPP facebook site. Twitter RELATED ARTICLESMORE FROM AUTHORcenter_img #HearThis: New music and video from Limerick rapper Strange Boy Print Previous articleArts for Hallowe’enNext articleWhat to do with doggy doo doo Guest Writerhttp://www.limerickpost.ie #SaucySoul: Room 58 – ‘Hate To See You Leave’ Email WhatsApp TAGSCorbett Suicide Prevention Patrol (CSPP)Music LimerickPaul HoganShannonvolunteer NewsLocal NewsCity businesses come up trumps for suicide volunteersBy Guest Writer – October 31, 2013 656 last_img read more

More Portfolio Contraction for Fannie Mae

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Housing Shows ‘Flashes of Promise’ as New Year Starts Next: Arch Capital Expands MI Footprint with Acquisition in Daily Dose, Featured, News, Secondary Market More Portfolio Contraction for Fannie Mae Home / Daily Dose / More Portfolio Contraction for Fannie Mae The Best Markets For Residential Property Investors 2 days ago Share Save Related Articles Tagged with: Fannie Mae Gross Mortgage Portfolio Monthly Volume Summary 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. 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 Fannie Mae Gross Mortgage Portfolio Monthly Volume Summary 2017-01-03 Brian Honeacenter_img Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago January 3, 2017 1,218 Views  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago In November, Fannie Mae’s gross mortgage portfolio experienced a third consecutive month of contraction following a rare expansion in August, according to Fannie Mae’s November 2016 Monthly Volume Summary.November’s annual contraction rate of 37.1 percent was the highest since the portfolio shrank at a rate of 32 percent in May 2016, according to Fannie Mae. With the contraction, the unpaid principal balance of the portfolio was $289.46 billion as of the end of November 2016.The contraction of Fannie Mae’s gross mortgage portfolio in November calculated to an over-the-month decline of approximately $11.5 billion in UPB, with the combination of sales and liquidations ($39.8 billion) outpacing purchases during the month ($28.3 billion), according to Fannie Mae. For the first 11 months of 2016, the portfolio has shrunk at an average rate of 17.5 percent (the rate was 16.5 percent for November 2015).Fannie Mae’s total book of business, which includes the gross mortgage portfolio plus total Fannie Mae mortgage-backed securities and other guarantees minus Fannie Mae MBS in the portfolio, increased at a compound annualized rate of 3.1 percent in November up to a value of approximately $3.137 trillion. The total book of business has expanded in all but three of the first 11 months of 2016.For the last six and a half years, Fannie Mae has been trying to wind down its gross mortgage portfolio; during that time, it has rarely seen monthly expansion. In August 2016, Fannie Mae’s gross mortgage portfolio experienced a rare expansion, increasing at an annual rate of 9.1 percent. It was only the fifth time the portfolio had expanded since June 2010. The four months prior to August in which the portfolio grew were January 2016, March 2015, January 2015, and December 2012. At the beginning of that stretch in June 2010, the amount of unpaid principal balance (UPB) of the loans in the portfolio was $818 billion.Click here to view Fannie Mae’s entire Monthly Volume Summary for November. Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Brian Honea Subscribelast_img read more

Online fundraiser for separated migrant families has brought in over $18.5M, breaking records

first_imgiStock/Thinkstock(NEW YORK) — Hundreds of thousands of people upset about the separation of immigrant families at the border are putting their money into the fight, and making history in the process.A Facebook fundraiser called “Reunite an immigrant parent with their child” has now raised more than $18.5 million in less than a week, with more than 481,000 people contributing.A Facebook representative told ABC News it is the largest fundraiser to date created on the Facebook Fundraisers tool.The representative said it became the social platform’s largest single fundraiser in less than four days.Since it launched Sunday, June 17, the money-raising effort has regularly increased its goal as it continued meeting previous targets that have included $5 million, $8 million and $15 million.As of Friday morning, the target was $20 million.The money is to go to the Refugee and Immigrant Center for Education and Legal Services, or RAICES, a non-profit that according to its website provides free and low-cost legal services to underserved immigrant children, families and refugees in central and south Texas.The fundraising page was launched by Silicon Valley power trio Malorie Lucich and Dave and Charlotte Willner, who were among the original employees at Facebook and now work at Pinterest, the popular image-collecting site. The Willners also work at Airbnb.Public outrage over the border separations prompted President Donald Trump to sign an executive order Wednesday aimed at keeping immigrant families together.“I didn’t like the sight or the feeling of families being separated,” Trump said at the signing in the Oval Office.Under the executive action, the Justice Department is to start a legal process to change an existing court settlement that restricts the government to keeping children in detention with their parents for no longer than 20 days. The sought-after change would allow children to stay with their families for however long the adults are detained.The order does not do anything to affect the fate of families that have already been separated.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

Police identify sisters found dead and bound together in New York City’s Hudson River

first_imgNew York Police Department(NEW YORK) —  Authorities have identified the two women whose bodies, bound together with duct tape, were found floating along New York City’s Hudson River earlier this week.The bodies are those of Tala Farea, 16, and Rotana Farea, 22, who are sisters from Fairfax, Virginia, according to the New York City Police Department.The working belief among investigators is that the women wanted to end their own lives, taped themselves together and jumped into the water, a police source told ABC News.The medical examiner’s office will determine the causes of death as the investigation continues, police said.A passerby spotted the bodies in the river off of Manhattan’s Upper West Side on Wednesday afternoon and alerted authorities.The sisters were found laying on rocks near the river, fully-clothed, both wearing black jackets with fur trim and black leggings. There were no obvious signs of trauma, police said.The bodies are believed to have washed ashore with the tide and stayed when the tide went out, police said.Anyone with information about the Farea sisters is urged to call the New York City Police Department’s Crime Stoppers hotline at 1-800-577-TIPS.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

2 dead, 7 hurt when gunmen ambush group filming rap video

first_imgiStock(HOUSTON) — Two people were shot dead and seven others were wounded after unknown assailants ambushed a group filming a rap music video near Houston on Friday night.The shooting occurred over several blocks of a residential neighborhood in north Harris County.The music video was being filmed in the parking lot of an office park by a group of Hispanic males in their 20s, according to Harris County Sheriff Ed Gonzalez.“We believe they were ambushed by individuals in cars and/or on foot,” Gonzalez said at a press briefing at the scene.It was unclear whether the group filming the video returned fire, Gonzalez said, but there were a large number of shots fired regardless.“This is a very serious situation,” he said. “This is a residential neighborhood; a lot of shots were fired, and we have an extensive scene out here stretching several blocks.”Police were canvassing the area to determine if there were any other victims beyond those shot in the parking lot.“We don’t know if there was a beef going on, or what exactly happened,” Gonzalez said. “That’ll be part of the investigation.”Authorities were planning to check all available surveillance footage in the area and review the material that had been filmed for the music video as part of their investigation, Gonzalez said. Copyright © 2019, ABC Radio. All rights reserved.last_img read more