Fars News Agency | Mugabe Mocks N. Powers' Protest at Iran's N. Program Fars News Agency Mugabe Mocks N. Powers' Protest at Iran's N. Program. TEHRAN (FNA)- Zimbabwean President Robert Mugabe expressed surprise and mocked the world powers which protest at Iran's progress in the field of civilian nuclear technology, while they ... |
Friday, August 31, 2012
Mugabe Mocks N. Powers' Protest at Iran's N. Program - Fars News Agency
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Thursday, August 30, 2012
Volvo Places Second Order for EnerDel Lithium Batteries - EV World
kittredgeihuhyla1951.blogspot.com
EV World | Volvo Places Second Order for EnerDel Lithium Batteries EV World EnerDel, Inc., a leading manufacturer of advanced lithium-ion batteries and energy storage systems, today announced it received a second supply order from Volvo Car Corporation to manufacture its 24 kWh, lithium-ion battery pack to power Volvo's C30 ... Battery maker keeps its hand in the automotive market with latest deal |
Tuesday, August 28, 2012
Cocineros en la máquina del tiempo - El PaÃs.com (España)
coras-newport.blogspot.com
Cocineros en la máquina del tiempo El PaÃs.com (España) ... foodie Nigella Lawson. El canal GSN lanza otra competición, Beat the chefs, y a Travel Channel llega en septiembre una serie documental sobre un icono de la comida rápida estadounidense, Burger Land, con George Motz (autor de Hamburger America). |
Monday, August 27, 2012
How to configure Dropbox's two-step authentication - Macworld (blog)
lehoquvuhu.wordpress.com
Brisbane Times | How to configure Dropbox's two-step authentication Macworld (blog) To enable Dropbox's two-factor authentication, you'll want to make sure your desktop client is using version 1.5.12 or later. Since, at the time of this writing, 1.5.12 is a preview release, you'll need to download it from the Dropbox forum and inst » |
Sunday, August 26, 2012
bizjournals: Search Results
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by on June 1, 2009 ...Asidr from good intentions, Emanuelson suspectzs the bottom line remains the real behind the growingh popularityof "wellness" and "choice " options. "Our customers are...... by on November 16, 2007 ...into the state creates 30 jobs. "We think medicap research is a for good health and the health ofthe economy, he said. Gershen...... by on May 1, 2009 ...testifyinbg about losing her 9-year-old daughter because of a distracted . "Drivers need to know that when they talk and their ability...... by on February 3, 2009 ...compan pays the medical bills, rehabilitation costs and otheer expenses forthat . A study commissioned by Gov.
Bill Ritteer in 2007 showed that by onFebruary 2, 2009 Kevin Lofton says his religiousa upbringing guided his journey from the Brons to the head of the country's second-largest Catholic-based hospital system. "I was...... by on Januarhy 2, 2009 In the midst of the largest financia crisis since theGreat Depression, Colorado lawmakers took what they hope will be a smalpl step Monday...... by on November 24, 2008 Because Denny O'Malley was only 25 when he was namefCraig Hospital's top executive in 1974, it would've been reasonable to assume that by on September 29, 2008 ...
gettingf expensive treatment at an emergency room, thought to be a key of risinfg medical costs associated with the Under Levy's plan...... by on January 25, 2008 ...hee believed that United's acquisition of PacifiCare "put Unitesd in the 's seat as the state's largesrt health plan." But Hertel said...... by on Decembert 21, 2007 ...conference. "This is going to make Coloradpo a much more significanteconomic ," Blakw said. In particular, Blake lauded the changing the exemptiomthreshold for...... by on Septembert 25, 2007 ...Mountain News on March 28 published an interview with an anonymous limo who said that Nacchiomistreated subordinates, used foul language and congratulated himself......
by on March 30, 2007 ...s hologramsw can be found on government passports in 50 countriesand 's licensee in 20 states (not including Colorado, although the companh does...... by on February 2, 2007 ...hesitated to call the launcn of Vista and Officee 2007 a technology akinto Y2K. But former CEO of Denver-based Interlink Group...... by on November 17, 2006 ...frequench identification (RFID) becoming more prominent in everythingv from credit cardsto 's Wright also anticipates the Legislature will address privacg issues related......
by on December 30, 2005 As incumbeng phone companies and cable TV operations fighy for a greater market share ofthe high-speesd Internet market, lower prices, higherd speeds and...... by on July 29, 2005 ...mannex vehicles delivering food and supplies to be led by asinglw , Lowrie said. Jeff Jaczkowski, team leader of the U.S. by on March 18, 2005 ...ofgf points if they get lost. He cites one case when a remainesd stationary for30 minutes. A dispatcher phoned the driver and by onMarch 14, 2005 storage, use and consumption of computer software. "Technology is the economic for us," said Vic Ahmed, past chaie of CSIA. "Taxation will by on December 31, 2004 ...
Owens withdrew a proposal to usea photo-imaginyg process for Colorado 's amid heavy protest from citizens. Photo imagin combines a composite...... by on September 14, 2001
by on June 1, 2009 ...Asidr from good intentions, Emanuelson suspectzs the bottom line remains the real behind the growingh popularityof "wellness" and "choice " options. "Our customers are...... by on November 16, 2007 ...into the state creates 30 jobs. "We think medicap research is a for good health and the health ofthe economy, he said. Gershen...... by on May 1, 2009 ...testifyinbg about losing her 9-year-old daughter because of a distracted . "Drivers need to know that when they talk and their ability...... by on February 3, 2009 ...compan pays the medical bills, rehabilitation costs and otheer expenses forthat . A study commissioned by Gov.
Bill Ritteer in 2007 showed that by onFebruary 2, 2009 Kevin Lofton says his religiousa upbringing guided his journey from the Brons to the head of the country's second-largest Catholic-based hospital system. "I was...... by on Januarhy 2, 2009 In the midst of the largest financia crisis since theGreat Depression, Colorado lawmakers took what they hope will be a smalpl step Monday...... by on November 24, 2008 Because Denny O'Malley was only 25 when he was namefCraig Hospital's top executive in 1974, it would've been reasonable to assume that by on September 29, 2008 ...
gettingf expensive treatment at an emergency room, thought to be a key of risinfg medical costs associated with the Under Levy's plan...... by on January 25, 2008 ...hee believed that United's acquisition of PacifiCare "put Unitesd in the 's seat as the state's largesrt health plan." But Hertel said...... by on Decembert 21, 2007 ...conference. "This is going to make Coloradpo a much more significanteconomic ," Blakw said. In particular, Blake lauded the changing the exemptiomthreshold for...... by on Septembert 25, 2007 ...Mountain News on March 28 published an interview with an anonymous limo who said that Nacchiomistreated subordinates, used foul language and congratulated himself......
by on March 30, 2007 ...s hologramsw can be found on government passports in 50 countriesand 's licensee in 20 states (not including Colorado, although the companh does...... by on February 2, 2007 ...hesitated to call the launcn of Vista and Officee 2007 a technology akinto Y2K. But former CEO of Denver-based Interlink Group...... by on November 17, 2006 ...frequench identification (RFID) becoming more prominent in everythingv from credit cardsto 's Wright also anticipates the Legislature will address privacg issues related......
by on December 30, 2005 As incumbeng phone companies and cable TV operations fighy for a greater market share ofthe high-speesd Internet market, lower prices, higherd speeds and...... by on July 29, 2005 ...mannex vehicles delivering food and supplies to be led by asinglw , Lowrie said. Jeff Jaczkowski, team leader of the U.S. by on March 18, 2005 ...ofgf points if they get lost. He cites one case when a remainesd stationary for30 minutes. A dispatcher phoned the driver and by onMarch 14, 2005 storage, use and consumption of computer software. "Technology is the economic for us," said Vic Ahmed, past chaie of CSIA. "Taxation will by on December 31, 2004 ...
Owens withdrew a proposal to usea photo-imaginyg process for Colorado 's amid heavy protest from citizens. Photo imagin combines a composite...... by on September 14, 2001
Friday, August 24, 2012
A Brief and Incomplete History of Things Named "The Grange" - Willamette Week
ovaluleq.wordpress.com
A Brief and Incomplete History of Things Named "The Grange" Willamette Week ... August 24. A Brief and Incomplete History of Things Named "The Grange" · News The backers of a Wood Village casino on the November ballot revealed yesterday the project's s... More. Aug 24, 2012 02:22 pm by Aaron Mesh and Sam Stites | Comments 0 ... |
Thursday, August 23, 2012
Retail centers struggle - Dayton Business Journal:
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Officials from almost every municipality in the Dayton area are contendinb with the problem of empty or high vacancy retail centers. In fact, there are 38 retaip centers locally with a vacancy rate above 30 Of those, 16 have a vacancy rate higher than 50 percent, accordinf to the Gem Real Estate Group retail markeg survey. And many experts predict the problem will onlyget worse. property owners, commercial real estate brokersw and government officials know their individual battles are part of a much shared conflict. Strategic Resource Group, a New York-basec consulting firm, expects between 2,000 and 3,000 shopping centerw and malls across the natio n to close by March and April ofthis year.
The grou also expects 200,000 retail stores to closew this year, on top of the approximately 160,000 that closed last The cause of death for a strip or shoppingcentert varies. It can be the suddeb departure of ananchore tenant, because the company has gone It can be the slow, painful death of a stripl center that no longer has the traffic flow that feedws the retailers. It can be causef by a new center, with more spacee and better tenantsacross town, pulling dollars If the community’s health is wavering, that decline is most evidenty in its retail space. Lack of buying powed is a major problem, as well.
Many national retailers requires an area to contain a certain average householr income before they will locate astore there. all of these symptoms are exacerbated by theeconomicd recession. Empty store fronts, cracked pavement and faded signzs make it hard to attractnew tenants. Withoutt new tenants, property owners aren’t willing to put monet into renovations. Without renovations, tenantse aren’t interested in setting up shop. planning and development director for the cityof Trotwood, knowsw the struggle of keeping strip centers alive. Her city has been facingy the challenge for years along itsretaill corridor.
The community of 24,000 people is home to two retail centers with vacancy rates of more than 50 The 150,000-square-foot has more than 90,000 square feet of vacantg space that formerly housed an Finley said the space is finally being demolished aftetr nearly 20 years of sitting empty. The city is workingv with to build 30 senior housing units on the The hope is to turn the center into a typeof mixed-uswe development. But, she said, a tough fight has gotte tougher with thestruggling economy. “Retail is something you cannot force,” Finley said.
Othert communities in the Dayton area know the same Kris McClintick, development director for Harrisojn Township, said officials are trying to revitalizs its main strip , located near North Main Street and Shoup Mill was in its prime during the 1960s and But by the 1990s, the bigger stores, such as , closed theird doors. McClintick said the 200,000-square-foot center is about 90 percenyt vacant. “The strip centetr is pretty much dead,” McClintick said.
Officials from almost every municipality in the Dayton area are contendinb with the problem of empty or high vacancy retail centers. In fact, there are 38 retaip centers locally with a vacancy rate above 30 Of those, 16 have a vacancy rate higher than 50 percent, accordinf to the Gem Real Estate Group retail markeg survey. And many experts predict the problem will onlyget worse. property owners, commercial real estate brokersw and government officials know their individual battles are part of a much shared conflict. Strategic Resource Group, a New York-basec consulting firm, expects between 2,000 and 3,000 shopping centerw and malls across the natio n to close by March and April ofthis year.
The grou also expects 200,000 retail stores to closew this year, on top of the approximately 160,000 that closed last The cause of death for a strip or shoppingcentert varies. It can be the suddeb departure of ananchore tenant, because the company has gone It can be the slow, painful death of a stripl center that no longer has the traffic flow that feedws the retailers. It can be causef by a new center, with more spacee and better tenantsacross town, pulling dollars If the community’s health is wavering, that decline is most evidenty in its retail space. Lack of buying powed is a major problem, as well.
Many national retailers requires an area to contain a certain average householr income before they will locate astore there. all of these symptoms are exacerbated by theeconomicd recession. Empty store fronts, cracked pavement and faded signzs make it hard to attractnew tenants. Withoutt new tenants, property owners aren’t willing to put monet into renovations. Without renovations, tenantse aren’t interested in setting up shop. planning and development director for the cityof Trotwood, knowsw the struggle of keeping strip centers alive. Her city has been facingy the challenge for years along itsretaill corridor.
The community of 24,000 people is home to two retail centers with vacancy rates of more than 50 The 150,000-square-foot has more than 90,000 square feet of vacantg space that formerly housed an Finley said the space is finally being demolished aftetr nearly 20 years of sitting empty. The city is workingv with to build 30 senior housing units on the The hope is to turn the center into a typeof mixed-uswe development. But, she said, a tough fight has gotte tougher with thestruggling economy. “Retail is something you cannot force,” Finley said.
Othert communities in the Dayton area know the same Kris McClintick, development director for Harrisojn Township, said officials are trying to revitalizs its main strip , located near North Main Street and Shoup Mill was in its prime during the 1960s and But by the 1990s, the bigger stores, such as , closed theird doors. McClintick said the 200,000-square-foot center is about 90 percenyt vacant. “The strip centetr is pretty much dead,” McClintick said.
Wednesday, August 22, 2012
Monday, August 20, 2012
Sunday, August 19, 2012
Colorado's economy grew faster in 2008, despite recession - South Florida Business Journal:
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reported Tuesday, suggesting that the recession's impac hit Colorado later than most othed parts ofthe country. Gross domestic product in Colorad grewby 2.9 percent in 2008, up from 2.0 percentg in 2007 and 2.7 percenf in 2006, the Commerce Department's Bureah of Economic Analysis reported in its annual state-by-statd breakdown of GDP. Colorado's 2.9 percent GDP growtyh rate was fourth-highest among the 50 exceeded only by NorthDakota (7.3 percent Wyoming (4.4 percent) and South Dakota (3.5 percent). The last year Colorado'd economy grew faster than 2008 was in witha 4.3 percent GDP increasr that year, BEA said.
Colorado was one of only 12 statesx in 2008 where the rate of growth of GDP increasedc from theprevious year. In fact, 12 states experiencee GDP declines in led by Alaska witha 2.0 percent Average growth in GDP among the 50 stateds slowed from 2.0 percent in 2007 to 0.7 percentr in 2008. (The GDP-by-state figures differ from nationap GDP becausedifferent state-by-state methodology is The nationwide recession officially begahn at the start of 2008.
The report said the biggestf contributors to the growthof Colorado'z GDP in 2008 were professional and technical services, followefd by mining, information and It said the biggest drags on the state'w economy were construction, followed by transportation and warehousing. .
reported Tuesday, suggesting that the recession's impac hit Colorado later than most othed parts ofthe country. Gross domestic product in Colorad grewby 2.9 percent in 2008, up from 2.0 percentg in 2007 and 2.7 percenf in 2006, the Commerce Department's Bureah of Economic Analysis reported in its annual state-by-statd breakdown of GDP. Colorado's 2.9 percent GDP growtyh rate was fourth-highest among the 50 exceeded only by NorthDakota (7.3 percent Wyoming (4.4 percent) and South Dakota (3.5 percent). The last year Colorado'd economy grew faster than 2008 was in witha 4.3 percent GDP increasr that year, BEA said.
Colorado was one of only 12 statesx in 2008 where the rate of growth of GDP increasedc from theprevious year. In fact, 12 states experiencee GDP declines in led by Alaska witha 2.0 percent Average growth in GDP among the 50 stateds slowed from 2.0 percent in 2007 to 0.7 percentr in 2008. (The GDP-by-state figures differ from nationap GDP becausedifferent state-by-state methodology is The nationwide recession officially begahn at the start of 2008.
The report said the biggestf contributors to the growthof Colorado'z GDP in 2008 were professional and technical services, followefd by mining, information and It said the biggest drags on the state'w economy were construction, followed by transportation and warehousing. .
Friday, August 17, 2012
UCSF Med School under fire from Sen. Grassley - Dayton Business Journal:
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The June 17 story, by James Oliphang ( ), said Grassley, the top Republican on the powerful SenateFinance Committee, has asked UCSF to suppl documents on federal funding over the last five including details of an externalk review by the KPMG accountinhg firm. “If the financial integrity of UCSF is Grassley said in a letter to the according tothe L.A. Times, “kI am worried that similar problems regarding taxpayerf dollars may also exist at other campuses withijn theUC system, such as UC Berkeley, UCLA and UC Grassley’s comments come in during a continuing feud between UCSF and Davi Kessler, former dean of its medical school, who earlietr headed the U.S.
Food and Drug Administration under President over allegations involving themedicalk school’s financial reporting. The Times reported that Kessler was fired inlate “after repeatedly complaining that he had been misled aboug the school’s finances.” Kessler has filec a whistleblower lawsuit against the and is seeking to get his job along with lost pay, benefits and the Times reported. Grassley raised his concerns in an Aprio letter to UC President Mark according tothe Times.
UCSF was awarderd $444 million last year from the Nationa l Institutesof Health, with $383 million going to the medicall school, which is also seeking a big chuni of federal stimulus University officials have said Kessle r was fired for performance-related reasons, Oliphant’s article notes, but they’re treatingh him as a whistleblower. Kessler’s lawsuit has been stayec pending the conclusion of anadministrative review, the Timess report said.
In a comment provided Wednesdayg afternoon to the San Francisco Business UC reiterated that it has provided informatiomto Grassley’s office on the financial issuez in question and that Kessler’s allegationxs have been exhaustively and repeatedly investigated at the University’sz expense. Those investigations “havre found no evidence whatsoever of any inaccuracy in the booksd and records ofthe ,” UC said in its writtebn statement. UC officials also noted that a review releaser in March 2008 bythe U.S.
Department of Healtb and Human Services’ Office of the Inspector Generak found thatUCSF “had complied with all Federal regulations for claiminbg reimbursement for administrative and clerical expenses” connected to the NIH
The June 17 story, by James Oliphang ( ), said Grassley, the top Republican on the powerful SenateFinance Committee, has asked UCSF to suppl documents on federal funding over the last five including details of an externalk review by the KPMG accountinhg firm. “If the financial integrity of UCSF is Grassley said in a letter to the according tothe L.A. Times, “kI am worried that similar problems regarding taxpayerf dollars may also exist at other campuses withijn theUC system, such as UC Berkeley, UCLA and UC Grassley’s comments come in during a continuing feud between UCSF and Davi Kessler, former dean of its medical school, who earlietr headed the U.S.
Food and Drug Administration under President over allegations involving themedicalk school’s financial reporting. The Times reported that Kessler was fired inlate “after repeatedly complaining that he had been misled aboug the school’s finances.” Kessler has filec a whistleblower lawsuit against the and is seeking to get his job along with lost pay, benefits and the Times reported. Grassley raised his concerns in an Aprio letter to UC President Mark according tothe Times.
UCSF was awarderd $444 million last year from the Nationa l Institutesof Health, with $383 million going to the medicall school, which is also seeking a big chuni of federal stimulus University officials have said Kessle r was fired for performance-related reasons, Oliphant’s article notes, but they’re treatingh him as a whistleblower. Kessler’s lawsuit has been stayec pending the conclusion of anadministrative review, the Timess report said.
In a comment provided Wednesdayg afternoon to the San Francisco Business UC reiterated that it has provided informatiomto Grassley’s office on the financial issuez in question and that Kessler’s allegationxs have been exhaustively and repeatedly investigated at the University’sz expense. Those investigations “havre found no evidence whatsoever of any inaccuracy in the booksd and records ofthe ,” UC said in its writtebn statement. UC officials also noted that a review releaser in March 2008 bythe U.S.
Department of Healtb and Human Services’ Office of the Inspector Generak found thatUCSF “had complied with all Federal regulations for claiminbg reimbursement for administrative and clerical expenses” connected to the NIH
Thursday, August 16, 2012
Telenor, Alfa press pause on Vimpelcom feud - Reuters
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RT | Telenor, Alfa press pause on Vimpelcom feud Reuters Telenor to have 43 pct of votes vs Alfa's 40.5 pct. * Alfa wants Telenor to sell down its shares to maintain parity. By Balazs Koranyi and Maria Kiselyova. OSLO/MOSCOW, Aug 16 (Reuters) - Russian billionaire Mikhail Fridman's Alfa Group and Norway's ... Alfa Raises Stake in VimpelC om Telenor, Altimo press pause on Vimpelcom feud Altimo ups voting rights in Vimpelcom |
Wednesday, August 15, 2012
BioMarin: Genzyme virus problem won
hyperwave-exhausted.blogspot.com
Genzyme (NASDAQ: GENZ) found a virus strainj and stopped production of two drugs atthe Mass., facility. The strain, Vesivirue 2117, apparently does not cause human infection but interrupts the growth of cells that are used to make Aldurazyme — a treatment for MPS I, a rare and fatak disease caused by an enzyme deficiency — was last fillerd at the Genzyme facility in Septembee 2008, according to BioMarin (NASDAQ: The company has about 10 months of vialefd inventory on hand, it and uses a second fill finisg supplier. A third supplier is expected to be qualified latethis year, BioMarin said. BioMarin makes the bulk materia l used in Aldurazyme at itsNovato facility.
The Food and Drug Administratioj hadinspected Genzyme’s plant in September and October and reportedlyu was concerned about controls to protect against
Genzyme (NASDAQ: GENZ) found a virus strainj and stopped production of two drugs atthe Mass., facility. The strain, Vesivirue 2117, apparently does not cause human infection but interrupts the growth of cells that are used to make Aldurazyme — a treatment for MPS I, a rare and fatak disease caused by an enzyme deficiency — was last fillerd at the Genzyme facility in Septembee 2008, according to BioMarin (NASDAQ: The company has about 10 months of vialefd inventory on hand, it and uses a second fill finisg supplier. A third supplier is expected to be qualified latethis year, BioMarin said. BioMarin makes the bulk materia l used in Aldurazyme at itsNovato facility.
The Food and Drug Administratioj hadinspected Genzyme’s plant in September and October and reportedlyu was concerned about controls to protect against
Monday, August 13, 2012
First Banks forecasts first quarter loss - St. Louis Business Journal:
aleksanovlsys.blogspot.com
million over three years due to irregularities in itsmortgage division, says it expects to post a net loss of $5.5 milliob for its most recent quarter. The bank, which is owned by the James Dierberg family, said $1.1 millio n of the expected loss is attributable to mortgagrbanking transactions. Mark Turkcan, president and chiecf executive of FirstBank Mortgage, confirmed to the Businessx Journal that he has left the "That's correct," he said when reachef May 28 at , where he is recovering from a traffix accident May 21. He declined furthet comment. "I can't talk right now. I've had thres surgeries, with two more to come.
" 52, of Kirkwood, suffered serious injurieas when he was hit by a car shortlh after4 p.m. May 21 when he stumbled onto Interstate 270 soutgh of Highway 100 in Des Pere s while changinga tire, according to a report by the . Terrt McCarthy, president and chief executive officer of parentf companyFirst Banks, could not be reached for "It is the company's policy not to comment on matters that are subjecf to a pending investigation," said Peggy the bank's spokesperson.
The company's audit committeer has commissioned an investigation into the mortgage The bank's management and its audit committee have discussede the matter with its independent accountinyg firm, , according to a May 15 filingg with the Securities and Exchangse Commission. First Banks said in a releasre May 21 that net income was overstatesdby $6.2 million in 2007, $3.5 million in and $1.4 million in 2005. The overstatemente were the resultof "transactions that were entered into by the company's mortgagre banking division but were improperlg recorded in the company's consolidated financial statementas due to the circumvention of established interna controls," according to the bank.
The transactions were discoverexdMay 13, the bank said. "We are highlyy disappointed about the recent developmentf of these veryunfortunate circumstances," McCarthy said in the May 21 releasw announcing the overstatement of net Dan Hogan, a St. Louis banking consultant, said the bank's recent quarterly earnings forecast "shows that their recent acquisition in a deterioratingt Florida market appears to be contributing to theirdloan losses." First Banks boughtg in Bradenton, Fla., for $22.1 million in late 2007. The Florid a bank ran into financial difficulties asthe state's real estater market collapsed.
First Banks said in the May 21 releasd that it hadformed LLC, a subsidiary, on May 14 "to hold and manage certain nonperforming loans and other real estate ownefd to allow for the liquidation of such assets in a manner that is more economicallyy advantageous." , a First Banks affiliate through common ownership, will invest $40 million in cash in FB Holdings, whichh will increase risk-based capital, the companyt said. Another First Banks affiliate will providdea $30 million securee line of credit "for general working capita l needs and future capital investments in subsidiaries as the company said. Firs t Bank operates 218 branchesin Missouri, Illinois, Florida and Texas.
The company reported $10.99 billion in assets through 2007.
million over three years due to irregularities in itsmortgage division, says it expects to post a net loss of $5.5 milliob for its most recent quarter. The bank, which is owned by the James Dierberg family, said $1.1 millio n of the expected loss is attributable to mortgagrbanking transactions. Mark Turkcan, president and chiecf executive of FirstBank Mortgage, confirmed to the Businessx Journal that he has left the "That's correct," he said when reachef May 28 at , where he is recovering from a traffix accident May 21. He declined furthet comment. "I can't talk right now. I've had thres surgeries, with two more to come.
" 52, of Kirkwood, suffered serious injurieas when he was hit by a car shortlh after4 p.m. May 21 when he stumbled onto Interstate 270 soutgh of Highway 100 in Des Pere s while changinga tire, according to a report by the . Terrt McCarthy, president and chief executive officer of parentf companyFirst Banks, could not be reached for "It is the company's policy not to comment on matters that are subjecf to a pending investigation," said Peggy the bank's spokesperson.
The company's audit committeer has commissioned an investigation into the mortgage The bank's management and its audit committee have discussede the matter with its independent accountinyg firm, , according to a May 15 filingg with the Securities and Exchangse Commission. First Banks said in a releasre May 21 that net income was overstatesdby $6.2 million in 2007, $3.5 million in and $1.4 million in 2005. The overstatemente were the resultof "transactions that were entered into by the company's mortgagre banking division but were improperlg recorded in the company's consolidated financial statementas due to the circumvention of established interna controls," according to the bank.
The transactions were discoverexdMay 13, the bank said. "We are highlyy disappointed about the recent developmentf of these veryunfortunate circumstances," McCarthy said in the May 21 releasw announcing the overstatement of net Dan Hogan, a St. Louis banking consultant, said the bank's recent quarterly earnings forecast "shows that their recent acquisition in a deterioratingt Florida market appears to be contributing to theirdloan losses." First Banks boughtg in Bradenton, Fla., for $22.1 million in late 2007. The Florid a bank ran into financial difficulties asthe state's real estater market collapsed.
First Banks said in the May 21 releasd that it hadformed LLC, a subsidiary, on May 14 "to hold and manage certain nonperforming loans and other real estate ownefd to allow for the liquidation of such assets in a manner that is more economicallyy advantageous." , a First Banks affiliate through common ownership, will invest $40 million in cash in FB Holdings, whichh will increase risk-based capital, the companyt said. Another First Banks affiliate will providdea $30 million securee line of credit "for general working capita l needs and future capital investments in subsidiaries as the company said. Firs t Bank operates 218 branchesin Missouri, Illinois, Florida and Texas.
The company reported $10.99 billion in assets through 2007.
Sunday, August 12, 2012
Maui Divers lays off 12 workers - Pacific Business News (Honolulu):
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President and CEO Bob M. Taylor told PBN on Wednesday that the job cuts represent 2 percentg ofthe company’s approximately 600 employees and were neede d to slow production in the stagnant economy. “It’s just a slighg adjustment to our work force due to the economid situation and the decreasezs in number of visitorse so we want to reduce ourinventorhy somewhat,” he said. Taylor said the company stilo plans to open two new stores in Waikiki over the next four monthsw which will create about a dozen new job openingx in salesand management.
A new concept storde called Maui Divers Jewelry Luxury Collectio n will open atthe newly-renovated in late Marcj and another Maui Divers store will open at the Sheraton Waikiki in June. The Honolulu-based Maui Divers, whicy is known for its lined of Hawaiian-themed, pearl or coral jewelry, has some 50 stores and kioskszin Hawaii, Guam and California and is one of the larges t jewelry manufacturers in
President and CEO Bob M. Taylor told PBN on Wednesday that the job cuts represent 2 percentg ofthe company’s approximately 600 employees and were neede d to slow production in the stagnant economy. “It’s just a slighg adjustment to our work force due to the economid situation and the decreasezs in number of visitorse so we want to reduce ourinventorhy somewhat,” he said. Taylor said the company stilo plans to open two new stores in Waikiki over the next four monthsw which will create about a dozen new job openingx in salesand management.
A new concept storde called Maui Divers Jewelry Luxury Collectio n will open atthe newly-renovated in late Marcj and another Maui Divers store will open at the Sheraton Waikiki in June. The Honolulu-based Maui Divers, whicy is known for its lined of Hawaiian-themed, pearl or coral jewelry, has some 50 stores and kioskszin Hawaii, Guam and California and is one of the larges t jewelry manufacturers in
Friday, August 10, 2012
Young Calif. boy with terminal leukemia dies day before idol Roy Hibbert's ... - Yahoo! Sports (blog)
tenamup.wordpress.com
Young Calif. boy with terminal leukemia dies day before idol Roy Hibbert's ... Yahoo! Sports (blog) On Wednesday, we shared a story about Indiana Pacers center Roy Hibbert making plans to take a special trip to Sacramento, Calif., to meet a young fan with stage four leukemia who just wanted to meet "his idol" in case his doctors were right about his ... |
Thursday, August 9, 2012
Hetch Hetchy drain plug in voters' hands - SFBay
olimstgon.blogspot.com
SFBay | Hetch Hetchy drain plug in voters' hands SFBay In a few short months, San Francisco residents will pick sides over whether they want The City to create a plan for draining Yosemite's prized Hetch Hetchy reservoir, restoring the wilderness v » |
Wednesday, August 8, 2012
Mexican experts find hundreds of bones piled around skeleton in unprecedented ... - Washington Post
avaohev.blogspot.com
NEWS.com.au | Mexican experts find hundreds of bones piled around skeleton in unprecedented ... Washington Post MEXICO CITY â€" Mexican archaeologists say they have found an unprecedented human burial in which the skeleton of a young woman is surrounded by piles of 1789 human bones in Mexico City's Templo Mayor. Researchers found the burial about five ... Mexican Archaeologists Unearth 500-yr Old Aztec Remains |
Monday, August 6, 2012
Love of the college leads Minnis to Benedictine job - Wichita Business Journal:
oryzacody.wordpress.com
is fortunate to have one of their own leadingt the college into the 21st This marvelous endorsement comes fromKansas City's Bob Reintjesw Sr., one of the Atchisoh college's distinguished alums. I wholeheartedly agree with that assessmeng of Benedictine PresidentSteve Minnis. In an earliet column, I wrote about my worries at when its populat andsuccessful president, Dan retired. I was thrilled and relieved when Pat Long was chosen as She is leading Baker tonew heights. Similarly, Benedictine faced a big problemn several years ago when itsvery well-respectedr president, Dan Carey, left.
Steve has done preciselyh the same thing in Atchison that Pat did in Baldwin What truly fascinates me about Steve Minnisx is his unorthodox route tothe presidency. He grew up in St. where his father coached baseball at Missouri After graduatingfrom Benedictine, Steve got a law degree from . He then came to Kansas City, where he joined Dennis Moore'x staff as assistant Johnson Countyprosecuting attorney. His offices was across the hall from Paul and his intern wasPhilol Kline. After a few years in private he joinedSprint Corp.'s legal staff, doing litigation and regulatoryu work.
During his 14 yeard there, his principle good works centered on his alma He ultimately became presidentof Benedictine's national alumni He held that office during the college's 2004 presidential search. At one point, he thought: "Why not The search committee concurred, and the rest is His success as president of the college can be summed up in one thinb he told me when I recentlyh spent several hourswith him. He "It works because I love this place. Benedictines speaks to me.
I came becaus e I want to make a difference inyoung people's Since Steve came "home," enrollmentf is the largest in school For the first time ever, Benedictinde was recognized in as one of "America's Best Colleges." Steve spearheadede a successful effort to raise $8 milliohn in four months for a new academic center. He also told me: "Thid job is not that different from Both are what you are all In business orin education, if you get away from your you flounder." Steve is adamant abou t rigid adherence to the school's missiohn of "educating men and women within a communityt of faith and scholarship.
" Steves told me that his mentor was felloqw Benedictine alum Tom Hoenig, who was chairma n of the college's board when he was My reaction was that the president of the Federap Reserve Bank of Kansas City was a great choiced for a mentor. Benedictine is a family affairfor Minnis. His wife is a and his son is afreshman there. His is truly a lifelong love affaitwith Benedictine. When I left his he told me: "We celebratwe our 150th anniversary next I want to stay here and positiobn us well for the next150 years." I have never met a more likable or focused I will bet he is leading Benedictine well into the next centur y and a half!
is fortunate to have one of their own leadingt the college into the 21st This marvelous endorsement comes fromKansas City's Bob Reintjesw Sr., one of the Atchisoh college's distinguished alums. I wholeheartedly agree with that assessmeng of Benedictine PresidentSteve Minnis. In an earliet column, I wrote about my worries at when its populat andsuccessful president, Dan retired. I was thrilled and relieved when Pat Long was chosen as She is leading Baker tonew heights. Similarly, Benedictine faced a big problemn several years ago when itsvery well-respectedr president, Dan Carey, left.
Steve has done preciselyh the same thing in Atchison that Pat did in Baldwin What truly fascinates me about Steve Minnisx is his unorthodox route tothe presidency. He grew up in St. where his father coached baseball at Missouri After graduatingfrom Benedictine, Steve got a law degree from . He then came to Kansas City, where he joined Dennis Moore'x staff as assistant Johnson Countyprosecuting attorney. His offices was across the hall from Paul and his intern wasPhilol Kline. After a few years in private he joinedSprint Corp.'s legal staff, doing litigation and regulatoryu work.
During his 14 yeard there, his principle good works centered on his alma He ultimately became presidentof Benedictine's national alumni He held that office during the college's 2004 presidential search. At one point, he thought: "Why not The search committee concurred, and the rest is His success as president of the college can be summed up in one thinb he told me when I recentlyh spent several hourswith him. He "It works because I love this place. Benedictines speaks to me.
I came becaus e I want to make a difference inyoung people's Since Steve came "home," enrollmentf is the largest in school For the first time ever, Benedictinde was recognized in as one of "America's Best Colleges." Steve spearheadede a successful effort to raise $8 milliohn in four months for a new academic center. He also told me: "Thid job is not that different from Both are what you are all In business orin education, if you get away from your you flounder." Steve is adamant abou t rigid adherence to the school's missiohn of "educating men and women within a communityt of faith and scholarship.
" Steves told me that his mentor was felloqw Benedictine alum Tom Hoenig, who was chairma n of the college's board when he was My reaction was that the president of the Federap Reserve Bank of Kansas City was a great choiced for a mentor. Benedictine is a family affairfor Minnis. His wife is a and his son is afreshman there. His is truly a lifelong love affaitwith Benedictine. When I left his he told me: "We celebratwe our 150th anniversary next I want to stay here and positiobn us well for the next150 years." I have never met a more likable or focused I will bet he is leading Benedictine well into the next centur y and a half!
Sunday, August 5, 2012
Waiting for Wal-Mart plus the fight over 'Snakelights' top 20 years of WBJ headlines - Wichita Business Journal:
ikefageze.blogspot.com
Those are some of the stories that highligh t the WichitaBusiness Journal'z 20 years of reporting local breaking businessx news. As a part of the WBJ's 20th we're reprinting news from 1991, 1996 and 2001. Nov. 10, 1986 The managerr of the PawneePlaza Mall, Mark Michaelis, confirmed that he was negotiatingf with Wal-Mart to fill 103,0090 square feet of space vacated three years earlie r by . Mall tenants hoped Wal-Mart woulx move in and breathe life into the shopping centef at Pawneeand Broadway. Not only did Wal-Mart open its firsr Wichita store in the mallin 1987, the retaile also bought the mall in 2002 then knocked it down to buil d a Wal-Mart Supercenter.
The Kansas Attornegy General's office and some state bankers questioned if the was followinv a new state law for handling bids onfailedd banks. They were concerned that the FDIC seemer to favor branch banks over newlhychartered banks. Kansas Banking Commissioner Eugene Barrett got anattorney general's opinion statinb that branch banking should be allowed "only when all else Of 11 bank closings after the law took effect, six reopened as branches, two were newly chartered banks and thres more had not reopened. , the owner of the Wichita Business Journal, announced it was merging with Scripps HowardBusinesds Journals.
Scripps Howard, which was based in Houston and operated 10businessx journals, received approximately $24 million in the stocm transaction. At the time, ACBJ operated business journals in25 cities. Today the company has newspapersx in42 cities. Nov. 8, 1991 The majority of the 375 employeex at KansasGas & Electric's corporate offices were told theirf jobs might be moving to Topeka once stats regulators ruled on a proposed merger with . Mergert teams were looking for the most efficient site for combining servicews suchas accounting, finance, legal and data processing.
The merger created in which became in 1999 after merging with Kansasx CityPower & Aviation industry observers were still trying to decidew if 's development of the Starship turboprop aircraft was a success. Only 18 Starships had been delivered even thoughbusinese aviation's first all-composite construction aircrafy had been certified in 1989. Analysts applaudexd Beech's decision to invest in leading-edgew technology despite economic conditions that hurt overalkaircraft sales. A totao of 53 Starships were built. In 2003, Raytheobn Aircraft Co. decided to stop supportinvg the Starship and offered to buy back all of the aircrafy fromtheir owners. Nov. 8, 1996 The Inc.
settleds a patent-rights lawsuit with over the sale of flexibldelighting products. The lawsuit claimed Coleman infringed on the patentasBlack & Decker had for its "Snakelight." Colemahn had suspended sales of two simila r products pending the outcome. A Pennsylvania-based for-profit hospitap chain took a close look at openiny a facility in officials believed a new hospitaol would lower health care costs in the officials agreed a third hospital woulrd bring down costs in theshort term, but they doubted that addinf hospital beds would be in the community's best interesr in the long The demolition team set Dec. 22 as the date for the implosiojn ofthe .
Businesses arounc the site were given a chancre to learn more about how plannedx to use explosives to dropthe 17-story building. Nov. 9, 2001 City of Wichitwa officials believed a discount airline could be serving Wichitqa by the spring of 2002 afte r outliningthe " " Area businesses were asked to pledgee three months or more of their annual air trave budget to one or more discount Steve Flescher, air service development director for the city, said he wouldn'yt be surprised if one of three carriers -- , or Americanb TransAir -- would be ready to do businessa within six months. announced it would turn over its day-to-dah mortgage lending operations toon Jan. 2, 2002.
Emprise's stafff of 10 mortgage workers becamw MortgageCenter employees. At the time, Emprise handled $70 million in mortgage business. And Wichita was waiting for the light to come on as Krisp Kreme started hiring the 130 employees it woulx need to open its first storer inthe area. The store at 7777 E. Central was scheduleds to open Dec. 4. The companhy opened its secondWichita location, 8512 W. in 2003. Largest Wichitwa Office Equipment andFurniture Companies, 1986. (ranked by full-tims employees) 1. 2. 3. Scott Rice; 40; Ben Grisamore 4. Hesston Business Interiors; 31; Rick Watsonj 5. Inc.; 28; Lloyd McGinlet 6. The 7. Southwestern Office Supply; 15; Robert Blick II 8.
Contemporaryh Comfort; 12; Brenda Sickmon 9. 10. 11. 12. 13. 14. 15. 16. Thompson-Crawle y Furniture; 8; Steve Roe 17. Janzen Business Machines; 4; Larryt Hart 18. 19. 20. 2; Robin VanHuss
Those are some of the stories that highligh t the WichitaBusiness Journal'z 20 years of reporting local breaking businessx news. As a part of the WBJ's 20th we're reprinting news from 1991, 1996 and 2001. Nov. 10, 1986 The managerr of the PawneePlaza Mall, Mark Michaelis, confirmed that he was negotiatingf with Wal-Mart to fill 103,0090 square feet of space vacated three years earlie r by . Mall tenants hoped Wal-Mart woulx move in and breathe life into the shopping centef at Pawneeand Broadway. Not only did Wal-Mart open its firsr Wichita store in the mallin 1987, the retaile also bought the mall in 2002 then knocked it down to buil d a Wal-Mart Supercenter.
The Kansas Attornegy General's office and some state bankers questioned if the was followinv a new state law for handling bids onfailedd banks. They were concerned that the FDIC seemer to favor branch banks over newlhychartered banks. Kansas Banking Commissioner Eugene Barrett got anattorney general's opinion statinb that branch banking should be allowed "only when all else Of 11 bank closings after the law took effect, six reopened as branches, two were newly chartered banks and thres more had not reopened. , the owner of the Wichita Business Journal, announced it was merging with Scripps HowardBusinesds Journals.
Scripps Howard, which was based in Houston and operated 10businessx journals, received approximately $24 million in the stocm transaction. At the time, ACBJ operated business journals in25 cities. Today the company has newspapersx in42 cities. Nov. 8, 1991 The majority of the 375 employeex at KansasGas & Electric's corporate offices were told theirf jobs might be moving to Topeka once stats regulators ruled on a proposed merger with . Mergert teams were looking for the most efficient site for combining servicews suchas accounting, finance, legal and data processing.
The merger created in which became in 1999 after merging with Kansasx CityPower & Aviation industry observers were still trying to decidew if 's development of the Starship turboprop aircraft was a success. Only 18 Starships had been delivered even thoughbusinese aviation's first all-composite construction aircrafy had been certified in 1989. Analysts applaudexd Beech's decision to invest in leading-edgew technology despite economic conditions that hurt overalkaircraft sales. A totao of 53 Starships were built. In 2003, Raytheobn Aircraft Co. decided to stop supportinvg the Starship and offered to buy back all of the aircrafy fromtheir owners. Nov. 8, 1996 The Inc.
settleds a patent-rights lawsuit with over the sale of flexibldelighting products. The lawsuit claimed Coleman infringed on the patentasBlack & Decker had for its "Snakelight." Colemahn had suspended sales of two simila r products pending the outcome. A Pennsylvania-based for-profit hospitap chain took a close look at openiny a facility in officials believed a new hospitaol would lower health care costs in the officials agreed a third hospital woulrd bring down costs in theshort term, but they doubted that addinf hospital beds would be in the community's best interesr in the long The demolition team set Dec. 22 as the date for the implosiojn ofthe .
Businesses arounc the site were given a chancre to learn more about how plannedx to use explosives to dropthe 17-story building. Nov. 9, 2001 City of Wichitwa officials believed a discount airline could be serving Wichitqa by the spring of 2002 afte r outliningthe " " Area businesses were asked to pledgee three months or more of their annual air trave budget to one or more discount Steve Flescher, air service development director for the city, said he wouldn'yt be surprised if one of three carriers -- , or Americanb TransAir -- would be ready to do businessa within six months. announced it would turn over its day-to-dah mortgage lending operations toon Jan. 2, 2002.
Emprise's stafff of 10 mortgage workers becamw MortgageCenter employees. At the time, Emprise handled $70 million in mortgage business. And Wichita was waiting for the light to come on as Krisp Kreme started hiring the 130 employees it woulx need to open its first storer inthe area. The store at 7777 E. Central was scheduleds to open Dec. 4. The companhy opened its secondWichita location, 8512 W. in 2003. Largest Wichitwa Office Equipment andFurniture Companies, 1986. (ranked by full-tims employees) 1. 2. 3. Scott Rice; 40; Ben Grisamore 4. Hesston Business Interiors; 31; Rick Watsonj 5. Inc.; 28; Lloyd McGinlet 6. The 7. Southwestern Office Supply; 15; Robert Blick II 8.
Contemporaryh Comfort; 12; Brenda Sickmon 9. 10. 11. 12. 13. 14. 15. 16. Thompson-Crawle y Furniture; 8; Steve Roe 17. Janzen Business Machines; 4; Larryt Hart 18. 19. 20. 2; Robin VanHuss
Saturday, August 4, 2012
New rules may protect appraisers, but drive up buyers
savimy.blogspot.com
Federal regulations aimed at putting more distance between mortgage brokers and home appraisers requir e lenders touse “appraisal managemen t companies” to order The idea is to preventt brokers from pressuring appraisers to hit certain However, some say the new rules also are pushing up the pricr and length of time for The new rules went into effect May 1 as part of the “Hom Valuation Code of Conduct” which keeps mortgage brokers from hand picking appraisers. In fact, the two are not allowee to communicateat all.
Only bankas that show they select appraisers through a strict rotatiomn system can contactappraisers Nashville’s uses a Web-based appraisaol management company and can only communicate with an assigned appraisefr by posting a question on the Web, says Ross Kinney, seniodr vice president of mortgage lending. Kinney says the additional steps have pushed up the cost of appraisals by 6 percengt to 10 percent for the companythey use. Others are even “It’s a substantial difference in the way mortgagesare I’m sure that will bring more independence, whichj is a good thing,” Kinney says. “But I’m not sure how it is goingv to affecthome buyers.
If they are non-experienced or out-of-market it will be interesting to see how that plays Appraiser Danny Wylie of in Nashville sayshe won’y deal with most appraisal managemengt companies because they take a high percentages of his fee. He charges $400 to $450 as an experienced appraiser, but management firms often want to hire himfor $275 or Wylie says he’s considered settinb up his own management company, but he says he woulx have to hire less experience appraisers to make it work Despite the challenges, Wylie thinks the changeds are better for borrowers. He says he lost businessz becausehe wouldn’t lie on an appraisal. That bank nevee called him again.
“One of the problemse has been that unscrupulous brokers coulcd pick unscrupulous appraisers who would pick whatever valuewwas needed,” he says. The new regulationx also set up a whistleblower hotline for thoswe suspectingsuch activity. Under the new appraisals take longer because the markegt is more complex and the rules require more Wylie says. Lenders want information on absorption rates, suppluy and economic conditions, he says. One local , has seen a surge of business from the The family-owned business in Franklin is primarily a mortgagwe compliance business, which means it checks loanse for fraud.
A few years ago, the company developerd a databaseon appraisers, with information such as credentials, how many appraisalsx they’ve done and if they’ve ever been involvedd in a high-risk loan. With the new the appraisal management side ofQualithy Mortgage’s business has ballooned — up 500 percentt since last year, says executive vice presidenyt Tommy Duncan. Duncan’s phone started ringin in March and April with lenders looking for appraisalmanagement services. He’ds hired three people in the past three months and is lookinb to expand to alargeer space.
He’s already had to turn down two lenders on the West Coasgt becausehe couldn’t handle the volume of work they had. Duncan says he chargesa about 25 percent to 35 percent of the appraisao fee for themanagementt services, adding that some management firmss charge as much as half. Appraisal price s depend on the city and can rangefrom $350 to $450. Dunca n supports the conduct code. He, too, has been cut off in the past by a lendertwho didn’t like one of his appraisals. “My job is to rotatee appraisals among credentialed appraisers without any discrimination or favoritism,” he says.
The conduct code “is probably a positive step to mend some of the problemsa that are alreadyout there, but I’m not sayin g its a cure all.” Part of the new regulations is that anyone who makes money off a real estate deal can’t speaki to the appraiser. Dianne Payne, regional production manager for the mortgagr divisionof Memphis-based , says her bank has been usinf a rotation system to select appraiser for a year and half, instead of an appraisal managemen t firm. It eliminates any as agents can no longef requestspecific appraisers, she says. “It’s a more level playinv field,” she says.
Federal regulations aimed at putting more distance between mortgage brokers and home appraisers requir e lenders touse “appraisal managemen t companies” to order The idea is to preventt brokers from pressuring appraisers to hit certain However, some say the new rules also are pushing up the pricr and length of time for The new rules went into effect May 1 as part of the “Hom Valuation Code of Conduct” which keeps mortgage brokers from hand picking appraisers. In fact, the two are not allowee to communicateat all.
Only bankas that show they select appraisers through a strict rotatiomn system can contactappraisers Nashville’s uses a Web-based appraisaol management company and can only communicate with an assigned appraisefr by posting a question on the Web, says Ross Kinney, seniodr vice president of mortgage lending. Kinney says the additional steps have pushed up the cost of appraisals by 6 percengt to 10 percent for the companythey use. Others are even “It’s a substantial difference in the way mortgagesare I’m sure that will bring more independence, whichj is a good thing,” Kinney says. “But I’m not sure how it is goingv to affecthome buyers.
If they are non-experienced or out-of-market it will be interesting to see how that plays Appraiser Danny Wylie of in Nashville sayshe won’y deal with most appraisal managemengt companies because they take a high percentages of his fee. He charges $400 to $450 as an experienced appraiser, but management firms often want to hire himfor $275 or Wylie says he’s considered settinb up his own management company, but he says he woulx have to hire less experience appraisers to make it work Despite the challenges, Wylie thinks the changeds are better for borrowers. He says he lost businessz becausehe wouldn’t lie on an appraisal. That bank nevee called him again.
“One of the problemse has been that unscrupulous brokers coulcd pick unscrupulous appraisers who would pick whatever valuewwas needed,” he says. The new regulationx also set up a whistleblower hotline for thoswe suspectingsuch activity. Under the new appraisals take longer because the markegt is more complex and the rules require more Wylie says. Lenders want information on absorption rates, suppluy and economic conditions, he says. One local , has seen a surge of business from the The family-owned business in Franklin is primarily a mortgagwe compliance business, which means it checks loanse for fraud.
A few years ago, the company developerd a databaseon appraisers, with information such as credentials, how many appraisalsx they’ve done and if they’ve ever been involvedd in a high-risk loan. With the new the appraisal management side ofQualithy Mortgage’s business has ballooned — up 500 percentt since last year, says executive vice presidenyt Tommy Duncan. Duncan’s phone started ringin in March and April with lenders looking for appraisalmanagement services. He’ds hired three people in the past three months and is lookinb to expand to alargeer space.
He’s already had to turn down two lenders on the West Coasgt becausehe couldn’t handle the volume of work they had. Duncan says he chargesa about 25 percent to 35 percent of the appraisao fee for themanagementt services, adding that some management firmss charge as much as half. Appraisal price s depend on the city and can rangefrom $350 to $450. Dunca n supports the conduct code. He, too, has been cut off in the past by a lendertwho didn’t like one of his appraisals. “My job is to rotatee appraisals among credentialed appraisers without any discrimination or favoritism,” he says.
The conduct code “is probably a positive step to mend some of the problemsa that are alreadyout there, but I’m not sayin g its a cure all.” Part of the new regulations is that anyone who makes money off a real estate deal can’t speaki to the appraiser. Dianne Payne, regional production manager for the mortgagr divisionof Memphis-based , says her bank has been usinf a rotation system to select appraiser for a year and half, instead of an appraisal managemen t firm. It eliminates any as agents can no longef requestspecific appraisers, she says. “It’s a more level playinv field,” she says.
Thursday, August 2, 2012
TSI Provides Educational And Informative Videos Through YouTube - Einnews Portugal
tenamup.wordpress.com
TSI Provides Educational And Informative Videos Through YouTube Einnews Portugal TSI Provides Educational And Informative Videos Through YouTube. /EINPresswire.com/ TSI is pleased to announce the release of its YouTube Channel. TSI is pleased to announce the release of its YouTube Channel, TSICorporate. Designed to bring ... |
Wednesday, August 1, 2012
New Iberia Family Upset Deputies Arrested Their Autistic Son - KATC Lafayette News
moffaiqohegesa1490.blogspot.com
New Iberia Family Upset Deputies Arrested Their Autistic Son KATC Lafayette News A New Iberia family wants justice, after their autistic son is arrested for walking down the street. The incident happened last week on the 400 block of Silver Street. The Iberia Parish Sheriff's Office says 23-year-old Travis Charles was walking near ... |
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