Month: May 2021

Higher Net Interest Rate Income Drives Revenue Hike for SunTrust; Comerica Earnings Down

first_img The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Higher Net Interest Rate Income Drives Revenue Hike for SunTrust; Comerica Earnings Down SunTrust Banks, Inc. reported a net income increase of 14 percent to $467 million available to common shareholders, according to the bank’s Q2 2015 earnings statement released Friday. The bank credits their continued execution of core strategies to their solid earnings growth and improved returns.The Q2 2015 net income for SunTrust was $0.89 per average common diluted share compared to $0.78 per share earned in the last quarter, and includes a $0.03 favorable impact by a per share from a discreet income tax benefit.According to the report, earnings per share increased $0.17 over the second quarter of 2014, which was negatively impacted by $0.09 per share. For the first half of 2015, earnings per share were $1.67.”Our performance this quarter demonstrates solid execution of our key strategies – deepening client relationships, optimizing the balance sheet, and improving efficiency,” said William H. Rogers, Jr., chairman and CEO of SunTrust. “This was evidenced by higher revenue, continued deposit growth, and improved returns.  In addition, our asset quality performance continues to be strong. As we look forward, we are confident in our strategies and remain intensely focused on delivering further value to our clients and shareholders.”Total revenue was $2.1 billion for the current quarter, an increase of $85 million compared to the previous quarter. SunTrust noted that this increase is mostly due to higher net interest income and broad-based growth in fee income.SunTrust determined that mortgage production-related income for the current quarter was $76 million compared to $83 million for the prior quarter and $52 million for the second quarter of 2014. Mortgage production volume increased 27 percent compared to the prior quarter and applications declined 10 percent sequentially, entirely driven by lower refinance activity given the increase in interest rates in the second quarter.“The sequential quarter decrease was due to a decline in interest rate lock volume and gain-on-sale margins,” the report said. “The increase compared to the second quarter of 2014 was driven by higher mortgage production volume and a decline in the provision for repurchases, partially offset by a decline in gain-on-sale margins.  Gain-on-sale margins in the current quarter were adversely impacted by higher mortgage interest rates and an increase in loan production from the correspondent channel.”The earnings report also found that mortgage servicing income was $30 million for the current quarter, compared to $43 million in the prior quarter.Comerica reported that their Q2 2015 earnings reached $135 million, or $0.73 cents per share in their earnings statement also released on Friday. Last quarter, the bank reported a net income of $134 million and $151 million fo  Q2 2014.”Our second quarter results reflect the advantages of our diverse geographic footprint and industry expertise,” said Ralph W. Babb, Jr., chairman and CEO for Comerica. “Average loans were up $2.1 billion, or 5 percent, compared to a year ago and were up $682 million, or 1 percent, relative to the first quarter, with increases in most markets and business lines. Relative to the first quarter, average deposits increased $408 million, or 1 percent, with noninterest-bearing deposits up $668 million.”Comerica’s revenue increased 2 percent compared to Q1 2015 and returned $96 million to shareholders through equity buybacks and increased dividend.”Revenue was up 2 percent, with growth in both net interest income and fee income in the second quarter. Charge-offs, nonaccruals and criticized loans remained well below normal historical levels. The provision for credit losses increased, primarily as a result of an increase in reserves for energy exposure. Noninterest expenses decreased $23 million to $436 million, primarily due to a decrease in litigation-related expense. Our balance sheet is well positioned to benefit as rates rise. We remain focused on the long-term with a relationship banking strategy that continues to serve us well.” Sign up for DS News Daily Share Save  Print This Post Banks Comerica Earnings Statements Profits SunTrust 2015-07-17 Brian Honea Previous: Fed Likely to Raise Rates By Year’s End If ‘Economy Evolves’ As Expected Next: Fannie Mae Reaches Milestone With Latest Credit Risk Sharing Transaction Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University. Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Xhevrije Westcenter_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, News Demand Propels Home Prices Upward 2 days ago Higher Net Interest Rate Income Drives Revenue Hike for SunTrust; Comerica Earnings Down July 17, 2015 1,691 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Banks Comerica Earnings Statements Profits SunTrustlast_img read more

Housing Counselors Report Substantially Improved Communications with Servicers

first_img While housing counselors across the country report improved communications with servicers in the area of helping struggling borrowers avoid foreclosure, there is still more work to be done, according to a report released Thursday from the National Foreclosure Mitigation Counseling (NFMC) program.NFMC is a congressionally-funded effort launched in December 2007 to address the foreclosure crisis by making more housing counselors available to families at risk of losing their homes to foreclosure. In slightly less than eight years, NFMC has helped approximately 1.9 million homeowners understand their foreclosure prevention options. The funds are distributed by Washington, D.C.-based community development non-profit and grant maker NeighborWorks America to grantee organizations, which in turn provide the housing counseling services. The report released Thursday was NFMC’s 11th report to Congress.“Servicer interactions with counselors have dramatically improved from a few years ago,” said Nicole Harmon, NFMC vice president. “But we would like to see the trend line continue to improve, not flatten out. That is what would be best for homeowners and counselors.”The challenge most reported by counselors in NFMC’s report was efficient and timely communication with servicers (38 percent), which is down slightly from 40 percent in the NFMC’s report from October 2013. Frequent staff changes among servicers and changing points of contact resulted in problems for counselors when trying to contact servicers.Servicers have greatly reduced staff numbers in loss mitigation departments, however, due to substantial declines in serious defaults and foreclosure cases. Some experts are predicting that foreclosure cases and defaults could rise again due to an increase in costs associated with loan modifications.Despite the challenges for counselors communicating with servicers, substantial program successes have been reported. According to the Urban Institute, the following outcomes have been associated with NFMC program counseling:Homeowners who receive NFMC program counseling are almost three times more likely to receive a loan modification than homeowners who do not have the counselingThe chances of a struggling homeowner’s ability to cure a serious delinquency or foreclosure greatly increased with counseling from NFMCHomeowners who receive counseling are one and a half times more likely to keep their loans current (not have their loans enter troubled status) after receiving a loan modificationClick here to see the NFMC’s full report. Data Provider Black Knight to Acquire Top of Mind 2 days ago September 24, 2015 1,098 Views  Print This Post avoiding foreclosure Housing Counselors Loss Mitigation National Foreclosure Mitigation Counseling NFMC 2015-09-24 Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Housing Counselors Report Substantially Improved Communications with Servicers About Author: Brian Honea Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: Fannie Mae Completes Risk Sharing Transaction for $7 Billion Worth of Loans Next: WALZ Compliance Solutions to Host Webinar on Wednesday, September 30 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. The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days agocenter_img Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: avoiding foreclosure Housing Counselors Loss Mitigation National Foreclosure Mitigation Counseling NFMC Demand Propels Home Prices Upward 2 days ago Share Save Related Articles in Daily Dose, Featured, Loss Mitigation, News Sign up for DS News Daily Housing Counselors Report Substantially Improved Communications with Servicers Subscribelast_img read more

Florida Case May Cause Both Borrowers and Servicers Difficulty

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home / Commentary / Florida Case May Cause Both Borrowers and Servicers Difficulty in Commentary, Daily Dose, Featured Tagged with: ober vs town of lauderdale-by-the-sea The Best Markets For Residential Property Investors 2 days ago October 3, 2016 1,235 Views Sign up for DS News Daily Do you see this as a trend that could impact servicers and the foreclosure process nationally?There’s really no way to tell. Florida state law can obviously be used as persuasive authority in any other state, but it’s not binding on any other state. Some states may choose to adopt Florida law on this issue. There’s nothing which would stop another state from adopting the position that this court has taken. But, again, it seems to be an isolated case so far, and it’s not the Florida Supreme Court. However, until there is a case in Florida which directly conflicts with this case, this case has the authority of a Florida Supreme Court case. In other words, it applies throughout the whole of the state of Florida unless and until there’s a case that comes along and says this case is wrong. Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save How will this decision impact servicers now that these liens are attached to these properties?Well obviously, getting rid of the liens themselves will cost money because it’s all a process and a hassle. Additionally, there has been a trend in Florida for a court to grant a fairly liberally extended sale date. If the servicer, or if the plaintiff, wins at trial, the court will say, “You can have some time to move out. You can have 90 days; you can have 120 days. We’ll set the sale out that long.” There have been a couple of plaintiffs’ attorneys who have now been saying, “Well, no, we have this new Ober case out that says that any extended sale date means that liens could be occurring on the property which would prejudice us.” I’ve seen a couple of instances where the court will say, “well, we shouldn’t have an extended sale date then,” and it’s negatively impacting the borrowers in some cases. I’m not saying that that’s a wide spread thing, but it could become one. Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, Texas. Born and raised in Texas, Baer now works as the online editor for DS News. Previous: CSS Implements DocMagic’s Total eClose Solution Next: What is the Future of Freddie Mac’s Risk Transfer Policy? Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Recently, DS News did a state spotlight on a Florida court case that has caused controversy due to its potential to cause difficulty for servicers in the disposition of foreclosed properties. DS News sat down with Morgan Weinstein to discuss the case in depth and get his perspective on the impact it could hold for borrowers as well as servicers.Weinstein is a Senior Associate at Van Ness Law Firm, PLC, focusing his practice on real property litigation and appellate law. Weinstein has been published on issues concerning mortgage foreclosure in Unbound: Harvard Journal of the Legal Left and the Florida Bar Journal, and will be published in the upcoming edition of the University of New Hampshire Law Review. Demand Propels Home Prices Upward 2 days ago  Print This Post ober vs town of lauderdale-by-the-sea 2016-10-03 Kendall Baer Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Subscribe About Author: Kendall Baer Describe what has happened in the case Ober v. Town of Lauderdale-By-The-Sea.In this case there’s a question as to the application of liens that are placed on a property between a final judgement of foreclosure and the sale date. The way that Florida law used to be is when a foreclosure case is filed the plaintiff, the lending institution or the mortgage servicer in the action, will also file what’s called a notice of lis pendens, and that serves as a notice to the world that this case has begun and that the plaintiff claims an interest, with regard to the property, and that that interest is superior to interests that may arise after and before the sale.That’s the way that it used to be thought of. You file your case, you prosecute your case, and eventually you get a judgement that says that you’re entitled to have a foreclosure sale because the property owner owes money and can’t pay it, and so you’re going to attempt to have the court set the sale of the property to reimburse you for what you’re owed.While that’s going on, often times you have a borrower who doesn’t want to get out of the property yet for various reasons. They could be working on the loan modification. They could be attempting to sell the property. They could just need more time to get out in order to get their lives in order. During this time, they’re filing motions in the court to cancel the sale, for example filing for bankruptcy so that the sale can’t occur for a period of time. During all that time, they get to stay in the property, but while they’re in the property, they’re not paying the mortgage. And if they’re not paying the mortgage, they’re probably not paying other things too. There are might be municipal liens or liens from the city where they might not have paid their water some months or they might not have paid the electrical some months. They also might have caused a code violation because they weren’t taking care of the property during this time, and the city has claims that there is a code violation thus placing a lien on them for failure to fix the code violation. While all that is occurring those liens are being placed on the property.The way that we used to understand the law is that these liens are not the ultimate purchaser of the property’s responsibility because they occurred between the time of the final judgement and the sale. Ober came along and said “no, once the final judgement is entered the lis pendens is no longer effective to bar those liens.” Those liens that accumulate on the property are valid against the property, so whoever purchases at the sale is responsible. Florida Case May Cause Both Borrowers and Servicers Difficultylast_img read more

Landlords Feel the Shutdown’s Strain

first_img Related Articles  Print This Post Home / Daily Dose / Landlords Feel the Shutdown’s Strain Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The government shutdown, which entered its 26th day on Wednesday is beginning to affect those housed through the U.S. Department of Housing and Urban Development (HUD), as well as independent landlords who are working with government employees unable to pay their rent.While none of the 1,175 rental contracts that have not been renewed by HUD due to the shutdown are likely to affect low-income tenants, according to the National Housing Conference (NHC), this could change if the shutdown extends past February. NHC said that HUD staff was working with landlords across the country to ensure this does not happen. Additionally, contracts were being paid with available funds, and landlords were being told to use their reserves to cover operating expenses.”Every day the stalemate continues, pressure increases on both the White House and Congress to reach a settlement,” said David M. Dworkin, President and CEO of NHC. “So there is no guarantee that the government will still be shut down in February, but we are in uncharted water and anything is possible.”Yet, according to The National Association of Independent Landlords, without the rent payments, independent landlords are finding themselves unable to cover their own expenses such as mortgages, repairs, utility bills, and insurance. Many of these landlords are small investors who “own a property or two and have mortgages they’ve got to pay every month regardless of whether they get paid,” according to Tracey Benson, the association’s President.According to NHC, there are also 800,000 federal government employees who are furloughed or working without pay who will have to make their first rent or mortgage payment without a paycheck on Feb. 1 – two weeks from now.It said that these workers and federal contractors were not at a risk of foreclosure due to failure to pay their mortgages during the shutdown. “All workers and contractors are urged to call their mortgage servicer,” the NHC recommended. “Government employees and contractors aren’t going to face their first payment without a paycheck until February 1. FHA, Fannie Mae, and Freddie Mac have told their mortgage servicers to treat these homeowners like victims of a natural disaster.”Read more about how servicers are assisting federal workers:Homeowners Feel the Shutdown’s ImpactFHA Calls on Lenders to Assist Federal WorkersHUD Addresses Questions About Shutdown Impact January 16, 2019 1,394 Views Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Tagged with: Homes HUD Landlords mortgage NHC Rent Shutdown Tenants Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Share Save About Author: Radhika Ojha Landlords Feel the Shutdown’s Strain Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Government, News Previous: D.C.’s Address Confidentiality Act Next: 2019 Real Estate Outlook: What Can Investors Expect? Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Homes HUD Landlords mortgage NHC Rent Shutdown Tenants 2019-01-16 Radhika Ojha Subscribelast_img read more

Here’s How President-Elect Biden Could Reshape the Housing Market

first_img About Author: Cristin Espinosa Demand Propels Home Prices Upward 2 days ago November 9, 2020 2,589 Views The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Here’s How President-Elect Biden Could Reshape the Housing Market Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Tagged with: entry-level housing Housing Market Joe Biden Presidential Election Servicers Navigate the Post-Pandemic World 2 days ago Cristin Espinosa is a reporter for DS News and MReport. She graduated from Southern Methodist University where she worked as an editor and later as a digital media producer for The Daily Campus. She has a broadcast background as well, serving as a producer for SMU-TV. She wrote for the food section during her fellowship at The Dallas Morning News and has also contributed to Advocate Magazine and The Dallas Observer. The Best Markets For Residential Property Investors 2 days ago Related Articles Demand Propels Home Prices Upward 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Creating ‘Customers for Life’ Next: ‘Stunning’ Delinquency Spike Could Mean ‘Bumpy Waters Ahead’ in Daily Dose, Featured, Government, News entry-level housing Housing Market Joe Biden Presidential Election 2020-11-09 Cristin Espinosa Home / Daily Dose / Here’s How President-Elect Biden Could Reshape the Housing Market The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Major news outlets announced on Saturday that former Vice President Joe Biden is the president-elect. A Biden administration may bring major policy changes with it. According to an analysis from realtor.com, Joe Biden would be entering the presidency during a unique time in the housing market, as the industry is experiencing a shortage of home inventory, record-low interest rates, and high home prices. There is no doubt that this housing market environment has made it challenging for middle- and low-income Americans to purchase a home, and entry-level housing has become extremely competitive. “Biden has a really ambitious agenda that will try to create opportunities for more low- and middle-income Americans to become homeowners or afford rental housing,” realtor.com Chief Economist Danielle Hale said.During his run for the presidency, Biden’s campaign released a $640 billion housing plan. This plan includes assisting first-time homebuyers by providing them with  “a down payment tax credit of up to $15,000,” which they could apply at the time of purchasing a home.“Biden recognizes how challenging it can be for some people to become homeowners,” Hale said. She predicts that a Biden administration would focus housing initiatives on policies that would help those who have struggled to attain homeownership in the past.Some Americans who could become eligible for lower home prices, as well as assistance with down payments, are “teachers, first responders, and other public and national service workers.” This kind of assistance might have limitations, however. These categories of potential home buyers might only receive this assistance if they were looking to purchase a home in a low-income neighborhood or a neighborhood that is more expensive and offers little affordable housing opportunities.Another major concern that has been discussed during Joe Biden’s run for the presidency is the issue of racial equity and discrimination. Former Vice President Biden has discussed his intentions to help bridge the racial housing gap, and homeownership is a key way in which racial and ethnic minorities could help build generational wealth and a brighter future.Biden has proposed in the past that there should be “a national standard for appraising homes,” which would ensure that home values in communities of color would not “be assessed for less than similar homes in comparable white neighborhoods.”In addition to helping homeowners, the president-elect has also voiced his intent to assist struggling renters. It is possible that under a Biden administration, low-income renters could receive a tax credit which would enable them to just pay up to 30% of their total income on housing. In the wake of COVID-19, it is also likely that the president-elect would the eviction moratorium put in place by the Trump administration. President-elect Biden has also “pledged to increase the housing supply by putting $100 billion toward constructing and upgrading affordable housing,” which would help bring relief to a struggling entry-level housing market. Share Save Subscribelast_img read more

No agreement to sell Donegal Creameries’ dairy division as talks continue

first_img WhatsApp Pinterest By News Highland – September 1, 2011 Google+ Newsx Adverts Facebook WhatsApp NPHET ‘positive’ on easing restrictions – Donnelly Twitter Guidelines for reopening of hospitality sector published Almost 10,000 appointments cancelled in Saolta Hospital Group this week Pinterestcenter_img Three factors driving Donegal housing market – Robinson Google+ Previous articleSenator O’Domnhaill backs party leader as Fianna Fail decide not to contest electionNext articleFarmers call for immediate payment of outstanding grants News Highland No agreement to sell Donegal Creameries’ dairy division as talks continue Donegal Creameries says no agreement has been reached to sell its dairy division to Connaught Gold. In a statement issued to coincide with the release of half year interim results today, the company says it is engaged in discussions on a sustainable future for the dairy secor nationally under the auspices of the umbrella body ICOS.Chief Executive Ian Ireland says discussions with neighbours form part of that wider process, but no deals have been made………..[podcast]http://www.highlandradio.com/wp-content/uploads/2011/09/cream1pm.mp3[/podcast]In its results the company announced turnover from January to June of almost 69 million euro, up 13.5%, and operating profit of 857,000 euro, down 38%.There were losses in the dairy division, but the company expects it to return to profitability in 2012. In the longer term, the company expects good full year results.Ian Ireland says while elements of the business are cyclical and are vulnerable to shifts in the market and the economy, Donegal Creameries PLC has a balanced portfolio, and the future is bright…………[podcast]http://www.highlandradio.com/wp-content/uploads/2011/09/ianir1pm.mp3[/podcast] RELATED ARTICLESMORE FROM AUTHOR Twitter Calls for maternity restrictions to be lifted at LUH LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Facebooklast_img read more

Buncrana Councillor unfair anomaly in housing rules must be addressed

first_img Pinterest LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton By News Highland – October 14, 2011 Google+ Buncrana Councillor unfair anomaly in housing rules must be addressed NPHET ‘positive’ on easing restrictions – Donnelly Twitter Calls for maternity restrictions to be lifted at LUH Previous articleUp to 250 people take part in rally against bomb attack on Derry culture officesNext articleOmagh-based Northern Ireland Centre for Trauma and Transformation to shut News Highland Guidelines for reopening of hospitality sector published A Buncrana councillor says all local authorities in the county must come together in a bid to have what he believes to be an unfair anomaly in housing rules addressed.Donegal County Council has already had discussions on the fact that some tenants cannot get a grant to furnish and equip their accommodation, with speculation that some are rejecting offers for that reason.This happens when the housing comes through the long term leasing scheme, but not in instances of council or social housing.Buncrana Councillor Joe Doherty says this is an issue which must be addressed………[podcast]http://www.highlandradio.com/wp-content/uploads/2011/10/jodoc1pm.mp3[/podcast] WhatsAppcenter_img News RELATED ARTICLESMORE FROM AUTHOR Facebook Facebook Google+ Twitter Pinterest Three factors driving Donegal housing market – Robinson Almost 10,000 appointments cancelled in Saolta Hospital Group this week WhatsApplast_img read more

Councillors called to take financial responsibilty if co-option case is successful

first_img Twitter Newsx Adverts LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Pinterest By News Highland – July 26, 2011 Google+ Facebook A date for the hearing of a High Court action against Donegal County Council over a recent co-option will be set on ThursdaySolicitor Dessie Sheils has been granted a judicial review in the High Court over the co-option of Michael McBride to replace Senator Jimmy Harte.Dessie Sheils, who unsuccessfully contested the recent General Election as an indepedent, argues that the council seat should have been filled by a non-party candidate as Senator Harte was a independent when he was elected.The Labour Party insists that Councillor McBride was not a member of any party when he was co-opted in May of this year.Yesterday Councillors formally gave the county manager the Ok to defend the action.In a statement released to Highland Radio news Mr Shiels says he is very suprosed that Donegal County Council has agreed for public monies to be spent making a defence of the proceedings.He says he is suprised that no councillor has publicly commented on the situation.Mr Sheils has called on County Councillors to now personally agree to indemnify Donegal County Council and the electorate against any legal fees, costs and witness expenses which may be incurred by Donegal County Council in the High Court Proceedings.He says if Councillors have collectively agreed to defend serious High Court proceedings on a matter of electoral law and democracy, then they should also now assume collective personal responsibility for any legal costs incurred by Donegal County Council Guidelines for reopening of hospitality sector published Twitter Councillors called to take financial responsibilty if co-option case is successful Previous articleNigerian family’s home targeted suspected racially motivated attackNext articleGAA – McGuinness “Donegal injuries improving” News Highland center_img Pinterest WhatsApp Google+ Calls for maternity restrictions to be lifted at LUH NPHET ‘positive’ on easing restrictions – Donnelly RELATED ARTICLESMORE FROM AUTHOR Three factors driving Donegal housing market – Robinson Almost 10,000 appointments cancelled in Saolta Hospital Group this week WhatsApp Facebooklast_img read more

GEO Directory reports higher than average number of vacant units in Letterkenny

first_img WhatsApp Google+ By News Highland – August 22, 2012 The total number of vacant commercial units or premises recorded in Letterkenny is signifcantly above the national average.According to figures released today by GeoDirectory, the amount of vacant commercial unts in Donegal stands 1,140 or 12% of the total stock – 1% higher than the national average.But Dara Keogh, CEO of GeoDirectory, says the vacany figure in Letterkenny is well above what is seen elsewhere:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/08/dararam.mp3[/podcast] Twitter News Facebook Pinterest Almost 10,000 appointments cancelled in Saolta Hospital Group this week GEO Directory reports higher than average number of vacant units in Letterkenny Facebook Google+center_img Twitter RELATED ARTICLESMORE FROM AUTHOR Guidelines for reopening of hospitality sector published Calls for maternity restrictions to be lifted at LUH Three factors driving Donegal housing market – Robinson WhatsApp LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Pinterest Previous articleThree men due in court in Coleraine on sexual assualt chargesNext articleCommunity Welfare Clinic closing in St Johnston News Highland Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margeylast_img read more

McConalogue questions passing of deadline for broadband scheme

first_imgNews Previous article23,079 people now signing on in DonegalNext articleMan in 20’s stabbed in Letterkenny News Highland RELATED ARTICLESMORE FROM AUTHOR Donegal North East Deputy Charlie Mc Conalogue says he’ll be pressing Communications Minister Pat Rabbitte to outline how he intends ensuring that people in rural areas can apply for broadband into the future.This week saw the deadline pass for inclusion in the latest Rural Broadband Scheme, which Deputy Mc Conalogue sought to have extended, claiming it wasn’t properly advertised and details of the scheme were not clear.That call was rejected, with Deputy Mc Conalogue saying it’s ironic that the Rural Broadband Scheme was ending at the same time a major broadband upgrade was being announced for Letterkenny.He says he’ll be pursuing the matter when the Dail resumes………[podcast]http://www.highlandradio.com/wp-content/uploads/2011/09/1charl1pm.mp3[/podcast] Twitter Calls for maternity restrictions to be lifted at LUH WhatsApp WhatsApp Pinterest Twitter Three factors driving Donegal housing market – Robinson Pinterestcenter_img Guidelines for reopening of hospitality sector published McConalogue questions passing of deadline for broadband scheme Facebook Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Google+ By News Highland – September 2, 2011 Google+ Facebook Almost 10,000 appointments cancelled in Saolta Hospital Group this week LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton last_img read more