LEAVE A REPLY Cancel replyLog in to leave a comment Login/Register With: Twitter “We are so touched and honoured that Animal Behaviour has been recognized this way by Academy voters,” said Alison Snowden and David Fine. “We are grateful for the fantastic support the film has had from everyone who worked on it in Vancouver, Montreal and at the NFB. It’s wonderful to come back to making a short film with the NFB after so long and have this recognition. Humbling, to say the least.” Facebook Advertisement Toronto, ON – The Vancouver-based Oscar-winning animation duo of Alison Snowden and David Fine has received another Academy Award nomination—for their hilarious new National Film Board of Canada (NFB) animated short Animal Behaviour, taking us inside a group therapy session for animals who grapple with issues not unlike like our own.Animal Behaviour is produced and executive produced by Michael Fukushima for the NFB’s English-language Animation Studio in Montreal.The NFB is bringing all Canadians into the Oscar celebration with two weeks of free streaming of Animal Behaviour, from February 11 to 24 on NFB.ca, Facebook, Vimeo and YouTube. Advertisement Image courtesy of NFB. Advertisement
TUNIS, Tunisia — A lawyer for suspects in the 2015 attack that killed 38 people in a popular Tunisian resort has offered condolences to the victims’ families.Twenty-one suspects, who have all denied any direct role in the attack, attended Friday’s final hearing in the trial. The court will adjourn and the deliberation will last at least 10 hours before a verdict is reached.On June 26, 2015, in the coastal city of Sousse, attacker Aymen Rezgui walked onto the beach of the Imperial Hotel and used an assault rifle to shoot at tourists, then continued onto the hotel pool before throwing a grenade into the hotel.Rezgui was killed about 15 minutes later by police.The Associated Press
He said that among the relief offered are tax concessions and loans with interest to be paid in July next year. The Minister also said that security scanners can be imported tax free. Cabinet has approved several relief measures for the tourism industry which took a hit from the Easter Sunday attacks.Tourism Minister John Amaratunga told Parliament today that the relief measures will not just be for five star hotels but even others involved in the industry. He said he expects the tourism industry to get back on its feet and return to what it was in a year. (Colombo Gazette)
ANN ARBOR, Mich. — Auto parts supplier Magna International Inc. is partnering with a Michigan startup to retrofit self-driving shuttles for service in the United States.Ontario-based Magna will retrofit May Mobility’s low-speed self-driving electric transit vehicles from the chassis up for an initial deployment on June 26 in Detroit.Magna will update the vehicles with custom doors, a panoramic moon roof, drive-by-wire technology and sensor integration at its custom build centre in Troy, Mich.May Mobility, based in Ann Arbor, Mich., will upgrade the vehicles with its proprietary technology that would allow them to operate safely and reliably in urban and residential environments.The new partnership announced Wednesday will create an undisclosed number of self-driving shuttles that can increase to hundreds and eventually thousands as demand increases.Magna has partnered with several companies to develop and manufacture self-driving systems.
A top United Nations envoy on Saturday said he was dismayed that a peaceful Easter procession led by Palestinian Christians through Jerusalem’s Old City was disrupted by Israeli security forces. “Once again I call on all parties to respect the right of religious freedom, granting access to holy sites for worshippers of all faiths and refraining from provocations not least during the religious holidays,” said Robert Serry, the Special Coordinator for the Middle East Peace Process. According to a statement issued by the Special Coordinator’s office, Mr. Serry and members of the diplomatic corps visited an Easter procession from the New Gate to the Holy Sepulcher at the invitation of the Palestinian Christian community in Jerusalem. The procession was stopped at a security checkpoint prior to the entry on the church grounds. “Despite earlier assurances to the Palestinian Christian community in Jerusalem of unhindered access to the Holy Sepulcher Church on the occasion of Easter celebrations, the Israeli police refused to allow such entry claiming they had orders to that effect,” the statement said, adding that a “precarious” standoff ensued ending in an angry crowd pushing their way through.“The Special Coordinator was dismayed that a peaceful procession on the occasion of Easter in the Old city was disrupted by unacceptable behaviour from the Israeli security authorities.”
Driven by Jones and Walker-Kimbrough, Maryland had the fourth-most-efficient offense in the country according to Synergy, averaging 94.7 points per 100 plays. The only problem is that the duo doesn’t have a lot of help — during the season, only one other player on the roster made more than one 3-pointer per game, and no one else averaged double-digit shot attempts.So as Maryland moves through the tournament and considers the possibility of another matchup with UConn, the biggest question will be whether they can get some balanced scoring around their two stars. As usual, the women’s NCAA Tournament this year is all about the University of Connecticut. Led by star forward Breanna Stewart, the Huskies are undefeated and chasing their fourth consecutive title, a feat that FiveThirtyEight’s tournament forecast gives them a whopping 71 percent chance of pulling off. That makes UConn a front-runner of colossal proportions; by comparison, you could combine the title probabilities for the seven most likely champions in our pre-tournament men’s forecast and still not match the Huskies’ odds.But despite their status as heavy favorites, the UConn women still have to play their games, and that means there’s room for the improbable to become reality. The other three top seeds in the tournament — Notre Dame, Baylor and South Carolina — have each lost only one game, and all three outscored their opponents by more than 15 points per game during the season. They don’t quite have the résumés of UConn, but they are very good teams.According to FiveThirtyEight’s model, those three teams and the University of Maryland — the No. 2 seed behind Notre Dame in the Lexington region — are the only non-UConn squads with a greater than 1 percent probability of winning the championship. The odds are slim, but let’s focus on the most likely candidates to do the unthinkable.Notre Dame (9 percent championship probability)Notre Dame’s strength lies in its backcourt, with ACC Tournament MVP Madison Cable leading the way at both ends of the court. Cable finished the season ranked third in the nation in 3-point percentage, at 47.6 percent, and she was the fourth-most-efficient offensive player in the country1Minimum 300 plays. according to Synergy Sports Technology’s points per play metric. She’s also a ball-hawk on defense, averaging nearly two steals per game with a Synergy rating among the nation’s top 10 percent of individual defenders.And Cable isn’t the only two-way talent on this Irish roster. According to data from NCAA.com, only 52 players in Division I had an effective field goal percentage above 55 percent and a steal percentage above 3 percent this season; between Cable, freshman Marina Mabrey and reserve Hannah Huffman, the Irish have three of them in their backcourt. A proven formula for engineering upsets is maximizing possessions and making 3-pointers, and with Cable and company in the backcourt, the Irish seem to have that part of the equation down.Of course, UConn is on the opposite side of the bracket, so facing the Huskies would take getting through several other very good teams, particularly Maryland. Notre Dame has lost to UConn once this season, 91-81 in early December. But the Irish were missing their leading scorer and best frontcourt defender, Brianna Turner. With Turner back on the floor alongside Cable and that backcourt, the Irish might have a chance if they face UConn for the championship, which would be a rematch of last year’s title game.South Carolina (8 percent)No one in women’s college basketball attempted more free throws than South Carolina this season — 770 total attempts, about 24.0 per game. The vast majority of those free throws were earned by the starting frontcourt, A’ja Wilson and Alaina Coates, who averaged a combined 28.0 points, 18.8 rebounds, and 4.4 blocks per game. At 6-foot-5 and 6-foot-4, respectively, the duo is big enough to match up with anyone, but the two players are skilled and versatile enough to exploit those matchups.However, the pair was badly outplayed in South Carolina’s loss to UConn last month. Wilson chipped in 13 points and 6 rebounds — both below her season averages — and Coates was dreadful, scoring 2 points on 1-for-6 shooting from the floor. That’s how the Huskies held a team that usually averages 89.6 points per 100 plays (14th-best in Division I) to a mere 76.1 in the 12-point defeat at home. If South Carolina is going to pose any threat to UConn in a rematch, it’ll need a lot more from Wilson and Coates.South Carolina will also need some support from its backcourt. No one on the team averaged more than 3.0 assists per game, and the Gamecocks had more turnovers than assists this season. The team only made 33.1 percent of its 3-pointers, 81st in the nation. Pounding the ball inside is South Carolina’s strength, but balance might be the key for the team to hit its ceiling if it gets another shot at the Huskies.Baylor (7 percent)Niya Johnson, Baylor’s point guard, may be the team’s most important player despite averaging just 7.1 points per game and rarely shooting any 3-pointers during the regular season.2She attempted only nine threes all season long. Such is the power of her playmaking: She averaged 8.7 assists per game, 1.4 more than any other player in the country, and was responsible for 26.1 points per game between her scoring and passing. Along with the slashing game of Nina Davis, Johnson’s skills as a facilitator have helped keep Baylor among the nation’s top five teams in field goal percentage this season.But as much as those two help keep the Baylor offense afloat, defense is what drives the team. Baylor allowed the nation’s third-fewest points per play during the season and ranked third-best in opponent field goal percentage, third in rebound margin and ninth in blocks per game. Baylor has the size to match up with anyone, including UConn, and the team’s plan will no doubt be to wear opponents down with its defense.The question, however, will be whether Baylor can score enough to make it work as the team gets deeper into the tournament. It had the country’s 18th-most efficient offense, and that may not be enough against a UConn defense so dominant that it finished the year with a per-play efficiency rate that was 3.4 standard deviations better than the Division I average.Maryland (3 percent)Maryland gave UConn one of its toughest challenges this season, losing by 10 points in a December game that was closer than the final score indicated. So it wouldn’t be a surprise to see Maryland keep things tight against the Huskies in a rematch, should the opportunity present itself.Maryland has a dynamic inside-out combination in Brionna Jones and Shatori Walker-Kimbrough. The former is a powerful low post scorer who put up 24 points on 12-14 shooting against UConn. The latter is a deadly outside shooter who led the nation in 3-point percentage — at 54.0 percent, she was more than 5 percentage points ahead of the next highest qualified shooter. Together, they ranked among the most efficient high-volume scorers in women’s college basketball this season:
00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) — A water line broke Wednesday morning in a hilly neighborhood on the border of San Diego and National City, flooding several nearby homes and opening a large sink hole that partially swallowed a pickup truck.The pipe ruptured in the 4500 block of Delta Street, just west of Interstate 805, where San Diego’s Mountain View neighborhood meets National City. Delta Street was still closed around 7 this morning, roughly an hour after the water line first broke.A pickup truck was partially swallowed by the sinkhole, footage from several news crews showed. The hood of the truck was under what looked like several feet of water, with the bed jutting out.The break happened near the top of a hill and flooded several nearby homes. Just after 7 a.m., city crews appeared to have stopped the flow of water from the broken line. Updated: 5:06 PM Ed Lenderman, January 17, 2018 Water line break in National City causes massive sinkhole, floods several homes Ed Lenderman Posted: January 17, 2018 Categories: Local San Diego News FacebookTwitter
President Donald Trump talks to the media as he leaves for Dallas to address the National Rifle Association on 4 May 2018 at the White House in Washington. Photo: APUS president Donald Trump suggested Friday that Rudy Giuliani, the aggressive new face of his legal team, needed to “get his facts straight” about the hush money paid to porn actress Stormy Daniels just before the 2016 election. Giuliani quickly came up with a new version.Trump chided Giuliani even as he insisted that “we’re not changing any stories” about the $130,000 settlement, which was paid to Daniels to keep her quiet about her allegations of an affair with Trump.Hours later, Giuliani backed away from his previous suggestion that the 27 October settlement had been made because Trump was in the stretch run of his campaign.“The payment was made to resolve a personal and false allegation in order to protect the president’s family,” Giuliani said in a statement released Friday. “It would have been done in any event, whether he was a candidate or not.”A day earlier, Giuliani had said on Fox News: “Imagine if that came out on 15 October 2016, in the middle of the last debate with Hillary Clinton.”Trump said Friday that Giuliani was “a great guy but he just started a day ago” and the former mayor of New York City was still “learning the subject matter.”Giuliani revealed this week that Trump knew about the payment to Daniels made by his personal lawyer, Michael Cohen, and the president paid Cohen back.Giuliani insisted Trump didn’t know the specifics of Cohen’s arrangement with Daniels until recently, telling “Fox and Friends” on Thursday that the president didn’t know all the details until “maybe 10 days ago.”Giuliani told The New York Times that Trump had repaid Cohen $35,000 a month “out of his personal family account” after the campaign was over.He said Cohen received $460,000 or $470,000 in all for expenses related to Trump.Giuliani’s suggestion that the president knew anything about the payments — even as a monthly retainer — appeared to contradict Trump, who has repeatedly denied the affair and told reporters on Air Force One last month that he hadn’t known about a settlement with Daniels.Trump’s irritation was plain Friday when reporters reminded him of his previous denial. He blasted the media for focusing on “crap” stories like the Daniels matter and the special counsel’s probe of Russian meddling in the 2016 election.The president claimed that “virtually everything” reported about the payments — which are the subject of swirling legal action and frenzied cable newsbreaks — has been wrong. But he declined to elaborate.It was Trump’s own team’s missteps that yielded another day of headlines about Daniels. In his statement, Giuliani said his previous “references to timing were not describing my understanding of the president’s knowledge, but instead, my understanding of these matters.” He didn’t elaborate on that either.Giuliani’s statement correcting himself came just a day after he said, “You won’t see daylight between me and the president.”The about-face came amid concern in the White House that Giuliani’s comments could leave the president legally vulnerable.While Giuliani repeated his belief that the payment did not constitute a campaign finance violation, legal experts have said the new information raises questions, including whether the money represented repayment of an undisclosed loan or could be seen as reimbursement for a campaign expenditure. Either could be legally problematic.The episode also revived worries in Trump’s inner circle about Giuliani, who enjoys the media limelight and has a tendency to go off script. He had been widely expected to join Trump’s administration but was passed over for secretary of state, the position he badly wanted.His whirlwind press tour this week bewildered West Wing aides, who were cut out of the decision-making process when Giuliani first revealed that Trump — who often boasts about signing his own checks — had some knowledge about the payment to Daniels.No debt to Cohen was listed on Trump’s personal financial disclosure form, which was certified on 16 June 2017.Asked if Trump had filed a fraudulent form, White House press secretary Sarah Huckabee Sanders said Thursday: “I don’t know.”Daniels, whose legal name is Stephanie Clifford, is seeking to be released from a non-disclosure deal she signed in the days before the 2016 election to keep her from talking about a 2006 sexual encounter she said she had with Trump. She has also filed defamation suits against Cohen and Trump.Her attorney, Michael Avenatti, tweeted Friday that “Mr. Giuliani and Mr. Trump are making it up as they go along.” He added: “How stupid do they think all of us are?”Trump is facing mounting legal threats from the Cohen-Daniels situation and the special counsel’s investigation of possible Russian coordination with the Trump presidential campaign.Cohen is facing a criminal investigation in New York, and FBI agents raided his home and office several weeks ago seeking records about the Daniels nondisclosure agreement.Giuliani has warned Trump that he fears Cohen, the president’s long-time personal attorney, will “flip,” bending in the face of a potential prison sentence, and he has urged Trump to cut off communications with him, according to a person close to Giuliani.Trump has of late publicly downplayed his relationship with Cohen but did acknowledge last week that Cohen represented him in the “crazy Stormy Daniels deal.”The president’s self-proclaimed legal fixer has been surprised and concerned by Trump’s recent stance toward him, according to a Cohen confidant.Cohen was dismayed to hear Trump marginalise his role during an interview last week with “Fox & Friends” and interpreted a recent negative National Enquirer cover story as a warning shot from a publication that has long been cozy with Trump, said the person who was not authorised to talk about private conversations and spoke only on condition of anonymity.Cohen also had not indicated to friends that Trump’s legal team was going to contradict his original claim that he was not reimbursed for the payment to Daniels.
A three-member committee has been formed to look into Monday’s clash between factions of Bangladesh Chhatra League (BCL) after announcement of a 301-member central body, reports UNB.New vice-president Al Nahian Khan Joy, law affairs secretary Fuad Hossain Sahadat and research secretary Pallab Kumar Barman are members of the committee.It has been asked to submit a report within 48 hours, said a Bangladesh Chhatra League press release issued on Monday night.At least seven people were injured during the clash at Madhur Canteen. Witnesses said the melee took place when a number of BCL activists, who did not get any post in the new committee, held a press conference in the canteen.
Christmas is around the corner and with that comes tempting discounts, offers and scrumptious buffet loaded with festivity. Inspired by the beautiful festive season, The Ashok curates an exclusive menu for young and adults alike to fill this season with the spirit of goodness and pure happiness.The fun and tempting lunch for the kids would want them to have more of every yummy delicacy on the healthy menu. The special menu comprises of yummy sweet corn soup ‘Kiteretsu’s Love’, Shizuka’s favourite grilled chicken patty with cheese and veggies, Pooh’s Magic served with French fries, Nobita’s Choice of pasta, Sweet Snowball called Chhota Bheem’s Delight and Mermaid Mania Sundae. To make it even more special for your little one, The Ashok offers free beverage for him/her. Also Read – Add new books to your shelfAt the dusk dawns, make way to treat your taste-buds with tempting dinner buffet laid down especially for the lovers of festivity. Also to add more ‘cheers’, enjoy a glass of wine on the house while you immerse yourself in the pleasure of live synthesiser performance. For every bill exceeding Rs 1000 at The Samavar or The Cake Shop, be ready to get surprised with unexpected gifts. Visit Mr Santa Claus and wish him a Merry Christmas. And if you are too old for Santa, go meet your favourite Cartoons or check out some tattoo art.
Anne Hathaway heads up the cast of Robert Zemeckis’ new film, an adaptation of The Witches, based on Roald Dahl’s 1983 novel. The film is set to hit the big screen on October 16, 2020. Octavia Spencer (The Help) joined the cast in mid-February 2018, with Blackish director Kenya Barris expected to co-write the script with Zeneckis.Oscar winner Anne Hathaway is reportedly starring as the Grand High Witch, a role played by Anjelica Huston in the first adaptation of the children’s book in 1990. The book is about a boy who stumbles across a coven of witches who secretly inhabit the world — and hate children.Anne Hathaway. Photo by ONU Brasil CC BY 3.0Sources say that the new film will be truer to the Dahl novel than its predecessor. According to The Wrap although the 1990 film gained a cult following, it turned out to be a box office flop and was publicly disowned by Dahl shortly before he passed away. The sticking point was that the film changed the ending of his book which he creatively disagreed with.Variety reports. Octavia Spencer would play the grandmother of Bruno’s character, and Eastick is portraying the other boy who takes on the Witches.Octavia SpencerHathaway last appeared in the summer hit Ocean’s 8, a spinoff of the Ocean’s Eleven movies.The Witches holds a special place in the affections of those who admire Roald Dahl. Originally published in 1983, the storyline is set in both England and Norway. However, it was controversial from the first, with some critics deriding the book as sexist.“The Witches is a timeless book and movie about the enterprising strength and brilliance of independent women. At first look, it might seem like a misogynist portrayal of the female sex — positioning them as ugly, cold, and in need of being destroyed in order to suppress their domination of the world — but that is far from the case,” says syfy.com.Roald DahlThe site goes on to say that although the goal of the women is to turn all children into mice, the depiction of women working together and supporting each other is a strong image of female solidarity. We shall see which direction this new film will take it in.Related Video: 16 Best Oscar Wilde Quotes:The 1990 film was directed by Nicolas Roeg, and Rowan Atkinson co-starred with Huston. Dahl did not like this version, saying he was “appalled” at “the vulgarity, the bad taste” and “actual terror” in certain parts of the movie.It took Angelica Huston some eight hours of make up time to transform into the iconic role of Grand High Witch. When asked by Entertainment Weekly about the remake, Huston was not upbeat about the project, “I don’t really know why because I think Nick Roeg made the ultimate Witches…It was his particular brand of wit and irony that made it what it was.”Angelica Huston pictured in 2014. Photo by Mingle Media TV CC BY SA 2.0Roger Ebert said in his review that it was the first film aimed at children directed by Roeg and that the director usually infuses twisted, at times sinister elements to his films, in that case the grotesque depiction of the witches and mice children, who have to face real world predicaments. The result being, in his opinion, Roeg’s movie might have come off as too intense for many young viewers.Nicolas Roeg. Photo by che CC BY-SA 2.5Ebert concluded that “The Witches is an intriguing movie, ambitious and inventive, and almost worth seeing just for Anjelica Huston’s obvious delight in playing a completely uncompromised villainess.”Read another story from us: Mel Gibson to Remake Controversial 1969 Western ‘The Wild Bunch’The new film was originally the project of Guillermo del Toro, until it migrated to Robert Zemeckis.
Related posts:Vaccinating children against measles is ‘an obligation’ for adults in Costa Rica Despite Zika virus, Garabito mayor says “no chance” World Surfing Games will be cancelled Following legalization, just 1 clinic signed up to offer IVF Costa Rican experts seek to curb increase in breast cancer cases, deaths A French family that had spent more than a week in quarantine in Costa Rica with measles was discharged, although the trio has to remain in the country, the government agency in charge of public hospitals said Friday.The three French citizens, one of whom was a 5-year-old child, were able to leave the hospital in Puntarenas on Friday, the press office of the Costa Rica Social Security (CCSS) Fund stated. They had been quarantined in the hospital since Feb. 20.“They left hospital and were transferred to a condo where they are currently residing,” CCSS said.The condo is located in Santa Teresa, a beach town in Puntarenas on the Nicoya Peninsula.The family has to remain in Costa Rica until March 6 on doctor’s orders. On that date, they will return to France, the source from the CCSS said.The daily La Nación published images of the messages of thanks the French family had left in the hospital where they spent their quarantine.“Thank you for helping us to carry on smiling,” read one of the two messages that they wrote in Spanish.The three French people, who were not identified by name, entered Costa Rica on Feb. 18 and traveled the following day to Santa Teresa, where the child presented with symptoms of measles.The child had not been vaccinated against the disease, which had been eradicated in Costa Rica since 2006.The parents incubated the measles virus but did not present with symptoms, except for the father, who had “a little fever,” according to the Ministry of Health.The three were able to leave quarantine after it was certain that they had recovered from the illness.Measles is a highly contagious disease that causes foot rashes, itching, red and weepy eyes, coughing, high fever and muscle pain.It can be easily transmitted via drops of saliva that a contagious individual releases through coughing or sneezing.This story was made possible thanks to The Tico Times 5 % Club. If only 5 percent our readers donated at least $2 a month, we’d have our operating costs covered and could focus on bringing you more original reporting from around Costa Rica. We work hard to keep our reporting independent and groundbreaking, but we can only do it with your help. Join The Tico Times 5% Club and help make stories like this one possible.Support the Tico Times Facebook Comments
Report: Loan Risk Remains High; QM Having ‘No Discernible Impact’ Despite a slight pullback in March, risk in the mortgage marketplace remains perilously high, say researchers.The American Enterprise Institute’s (AEI) International Center on Housing Risk released this week its latest National Mortgage Risk Index (NMRI), a measure of likely loan default rates in the event of another economic crisis. For its March data, the group calculated that under stress, 11.5 percent of recent home purchase mortgages would default, just down from 11.6 percent in February.Even with the decline—the second consecutive drop—potential default rates remain nearly double the 6 percent maximum AEI says is conducive to a stable market, suggesting there’s been no “discernible impact from QM [Qualified Mortgage] regulation,” the group asserts.As AEI points out, while all of the purchase loans covered in its index classify as QM, half have a down payment of 5 percent or less, and nearly one-quarter have total debt-to-income (DTI) ratios exceeding 43 percent. Federally guaranteed loans are exempt from the 43 percent cutoff.“High DTI loans are risky, with a stressed default rate well above that for all loans regardless of DTI,” analysts said.Also troubling is the fact that while the composite index was down over the month, expected default rates among loans held by Fannie Mae and Freddie Mac continued to climb up to 6 percent, while the rate for loans insured by the Federal Housing Administration (FHA) and Rural Housing Services (RHS) inched up to 24.1 percent. Both values represent new highs for each category.Explaining the decline in the headline index, AEI noted the share of high-risk loans decreased again, hovering just above 35 percent, partially due to a fall in FHA loan share.Ahead, the Center on Housing Risk sees no let-up in risk rates, especially as lenders—and some regulators—move to open up credit standards to allow more borrowers in.“In a housing boom, mortgage lending moves out the credit curve,” the group said. “Credit risk is rising as political pressures are again pushing for degrading lending practices.” April 30, 2014 547 Views Share American Enterprise Institute Fannie Mae FHA Freddie Mac Mortgage Risk 2014-04-30 Tory Barringer in Daily Dose, Featured, Government, Headlines, News, Origination
in News, Origination Economy Sees Significant Drop in Underwater Properties Share February 8, 2017 606 Views ATTOM Data Solutions Home Equity underwater homes 2017-02-08 Staff Writer The number of seriously underwater properties dropped significantly last year, with 1 million fewer reported at the end of 2016 than 2015. This is the lowest point for seriously underwater properties since the beginning of 2012.According to ATTOM Data Solutions’ Year-end 2016 U.S. Home Equity & Underwater Report, 5.4 million U.S. homes deemed seriously underwater at the close of 2016, accounting for 9.6 percent of all mortgaged properties in the nation. Seriously underwater homes, which means the combined loan amount on the property was 25 percent, or more, higher than the home’s market value, were down from 10.8 percent at the end of Q3 2016 and 11.5 percent year-over-year.“Since home prices bottomed out nationwide in the first quarter of 2012, the number of seriously underwater U.S. homeowners has decreased by about 7.1 million, an average decrease of about 1.4 million each year,” said Daren Blomquist, SVP of ATTOM Data Solutions. “Meanwhile, the number of equity-rich homeowners has increased by nearly 4.8 million over the past three years, a rate of about 1.6 million each year.”The highest share of seriously underwater homes was found in Nevada, Illinois, Ohio, Missouri, and Louisiana. At the end of 2016, nearly 20 percent of all mortgage properties in Nevada were seriously underwater. As for individual metro areas, Las Vegas; Cleveland; Akron, Ohio; Dayton, Ohio; and Toledo, Ohio took the top spots.In Ohio, the large number of underwater properties is causing an inventory problem, according to Matthew L. Watercutter, Senior Regional Vice President and Broker of Record for HER Realtors, which serves the Dayton, Columbus, and Cincinnati markets.“One of the primary reasons we have a shortage of inventory is due to the high number of homeowners who are still underwater, making it difficult to sell and move as they would need to conduct a short sale or bring money to the closing,” Watercutter said. “A high percentage of those homeowners are waiting it out until they are no longer underwater or in a better position to sell, contributing to the shortage of inventory. I expect this dynamic to continue through 2017.”On the other end of the spectrum, properties that are equity-rich—meaning the loan amount was 50 percent or less than the home’s market value—have risen. At the end of 2016, there were 13.9 million equity-rich properties, accounting for 24.6 of all properties. This marks a jump from 22.5 percent in 2015—and 1.3 million homes.“Despite this upward trend over the past five years, the massive loss of home equity during the housing crisis forced many homeowners to stay in their homes longer before selling, effectively disrupting the historical domino effect of move-up buyers that feeds both demand for new homes and supply of inventory for first-time homebuyers,” Blomquist said. “Between 2000 and 2008, our data shows the average homeownership tenure nationwide was 4.26 years, but that average tenure has been trending steadily higher since 2009, reaching a new record high of 7.88 years for homeowners who sold in 2016.”The highest share of equity-rich properties was found in Hawaii, Vermont, and California. San Jose, California; San Francisco; Honolulu; Los Angeles; and Pittsburgh, Pennsylvania were the most equity-rich metros.
Arizona Cardinals wide receiver Larry Fitzgerald (11) celebrates a first and goal against the Tampa Bay Buccaneers during the first half of an NFL football game, Sunday, Sept. 18, 2016, in Glendale, Ariz. (AP Photo/Rick Scuteri) GLENDALE, Ariz. — Bruce Arians didn’t think his football team mirrored its coach’s no-risk-it, no-biscuit mentality last week in a loss to the New England Patriots.“It was too much holding your breath,” Arians said, “wanting it too bad.”That wasn’t a problem in a 40-7 win over the Tampa Bay Buccaneers on Sunday at University of Phoenix Stadium.“I thought we cut it loose today,” Arians said. The Cardinals needed one of those games after the weight of preseason expectations came crashing down in Week 1 against the Patriots.“We felt like it was a reality check last week, losing that game,” safety Tyrann Mathieu said. “The biggest thing was … all of us just to personally challenge ourselves and I thought we did that today.”Nobody is going to run away and hide after two weeks of the NFL season, but the NFC West and the greater NFC have obliged the Cardinals’ Week-1 stumble by feeding the league’s desire for parity.The Cardinals left the stadium on Sunday evening knowing they would be tied with every other NFC West opponent at 1-1. Barring a tie between the Packers and Minnesota Vikings on Sunday Night Football, only the New York Giants, the Sunday night winner and possibly the Philadelphia Eagles (if they beat Chicago on Monday night) will boast 2-0 records after just two weeks of football.With a date against the struggling Bills up next in Buffalo, the Cardinals have the chance to get on a roll — especially since they look like the Cardinals everyone expected to see when the season began.“We definitely had our swagger back this week,” safety Tony Jefferson said. “Today, we were a little loose and it was fun. We’ve got to remember to have fun.” Grace expects Greinke trade to have emotional impact That was evident across the board.A defense that couldn’t solve first-time NFL starter Jimmy Garoppolo last week intercepted Bucs QB Jameis Winston four times, recovered another fumble and limited Tampa to 306 yards. Recent trade acquisition Marcus Cooper had two of those interceptions, including a pick-six late in the third quarter that all but sealed the game at 33-7.Aside from a missed extra point, the Cardinals’ special teams were excellent with Pro Bowler Justin Bethel setting the tone with a big hit on the team’s first punt — six days after his coach called him out for not playing up to his abilities.An offense that hadn’t looked right since a Dec. 27 win over the Packers rolled up 416 yards with running David Johnson accounting for 143 of those, receiver Larry Fitzgerald catching six balls for 81 more yards and career touchdown No. 101, and quarterback Carson Palmer completing 18 of 31 passes to nine different receivers for 308 yards and three touchdowns without an interception for a 124.1 passer rating.“We were just on fire on defense, we were aggressive on offense, we were nasty and extremely aggressive up front,” Palmer said. “Pockets were just perfect all day. It was just one of those games.” Comments Share Top Stories Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Derrick Hall satisfied with D-backs’ buying and selling Feeling better, Cardinals Nation? The march toward Super Bowl LI is back on track after a temporary and unexpected delay.Follow Craig Morgan on Twitter – / 44
NEW YORK – It was 80 years ago that two international legends were launched: the Academy Awards and The Leading Hotels of the World. To celebrate that mutual milestone, Leading Hotels has drawn on all the adventure, romance and excitement that made the Academy Award-winning classic “Around the World in 80 Days” so memorable to create an Oscar-worthy performance in luxury travel: “Around the World in 80 Ways.”Celebrating eight decades of international hospitality excellence, The Leading Hotels of the World pays homage to this epic film with the creation of an extraordinary journey around the globe. This once-in-a-lifetime offer, which loosely retraces the steps of Phileas Fogg (brilliantly played by legendary actor David Niven) lets travelers recreate the 19th-century around-the-world fantasy experience with 21st-century comfort and flair.In honor of the two notable anniversaries, this dream package debuted in Los Angeles during the 16th annual Elton John AIDS Foundation Academy Awards Viewing Party. Arguably the hottest party ticket in town, this star-studded event attracted the industry’s glitterati and helped raise $5.1 million USD for the Foundation.Priced at $1 million USD, the 28-night trip is now available for purchase and begins in London , the starting point for Phileas Fogg’s quest. With private air transportation for the entire itinerary provided by Air Partner, the world’s leading air charter broker, it continues on to Paris, Dubai, Mumbai, Jaipur, Udaipur, Hong Kong, Tokyo, Honolulu, San Francisco, Chicago and New York. Guests will stay in ultra-luxurious Leading hotels and resorts in all 12 destinations along the way, where they will enjoy exotic experiences and unmatched elegance. Although every detail has been richly imagined, components of the trip can naturally be completely customized to suit the specific desires and needs of the guests.Just a few of the elements of this incredible adventure include a camel safari in Dubai, an unforgettable dinner for two at Le Jules Verne restaurant in the Eiffel Tower, a traditional Japanese tea ceremony in Tokyo, couture and bespoke wardrobes, and Rolls- Royce Phantom limousine service.Perhaps most rewarding of all, 10 percent of the cost of the program will be donated to the Elton John AIDS Foundation.“We are very pleased to help orchestrate this effort to support the Elton John AIDS Foundation. While guests of The Leading Hotels of the World are eager to experience luxury travel at its best, they are also strong proponents of philanthropy, and actively seek ways to contribute to the greater good,” said Paul McManus , president and chief executive officer of The Leading Hotels of the World, Ltd. “As Leading Hotels marks its 80th anniversary in 2008, it seems especially fitting that our ‘Around the World in 80 Ways’ package celebrates the Golden Age of travel – and the current age of responsible luxury.”Here is a sampling of the highlights of “Around the World in 80 Ways”:London – The RitzA Green Park Suite at The Ritz; arrival and departure in a chauffer-driven Rolls-Royce Phantom; dinner for two in The Ritz Restaurant; tickets to an exhibition at the Royal Academy; couple’s treatments in The Ritz Salon; original Isabell Kristensen couture gown created for the lady; Aquascutum trench coat for the gentlemanParis – Hôtel de CrillonA historic suite at Hôtel de Crillon; lunch at Les Ambassadeurs followed by a personal tour with Chef Jean-François Piège of the gastronomic kitchens; limousine excursion through Paris; a gift from Baccarat; dinner at Le Jules Verne restaurant in the Eiffel Tower, overlooking the City of LightsDubai – Al Maha Desert Resort & SpaThe Presidential Suite at Al Maha Desert Resort & Spa; couple’s spa treatments; falconry presentation; camel or horse safari; guided tour of the Dubai Desert Conservation Reserve; intimate dinner in the desert watching gazelles, rare Arabian oryxs and other indigenous species; hot-air balloon ride over the desert; lunch with the resort’s general managerMumbai – The Taj Mahal Palace & TowerThe Rajput Suite with Champagne welcome at The Taj Mahal Palace & Tower; personalized shopping tour; cocktails aboard the exclusive Taj yacht on the Arabian Sea; specially prepared dinner in Chef Oberoi’s studio; dinner for two at Wasabi by Morimoto; drinks at the legendary Harbour BarUdaipur – Taj Lake PalaceThe Khush Mahal Suite, the former Queen’s chamber, at the Taj Lake Palace in Udaipur; vintage car tour of the city; romantic candlelit dinner on the pontoon on Lake Pichola; tour of the palace grounds and Lake PicholaJaipur – Rambagh PalaceThe Prince’s Suite with Champagne welcome at the Rambagh Palace ; transportation in a vintage car; rejuvenation therapies in the tented spa; dinner at Suvarna Mahal; a private visit to the Gem Palace , showcasing the jewels of the Maharaja and MaharaniHong Kong – The Langham HotelThe Premier Suite at The Langham Hotel; unlimited Champagne throughout the stay; helicopter tour of the city; a selection of hand-tailored shirts; lunch for two in T’ang Court; romantic dinner for two at BostonianTokyo – Imperial HotelThe Premier Suite at the Imperial Hotel; traditional Japanese Kaiseki dinner for two; customized tour of Asakusa, including a specially prepared lunch; traditional Japanese tea ceremonyHonolulu – The Kahala Hotel & ResortThe Presidential Suite at The Kahala Hotel & Resort; arrival transfer via limousine; welcome heralded by the Hawaii Symphony Pops Orchestra; Hidden Dragon Banded Jacket by designer Anne Namba; couple’s massage in a spa suite; DolphinQuest experience; dinner with custom tasting menu by the Chef in the hotel’s gazebo; curator’s tour of the Princess Bernice Pauahi Bishop Hawaiiana ExhibitSan Francisco – Campton Place – A Taj HotelLuxury Suite at Campton Place; en suite dinner for eight and in-room movie night following dinner, with additional overnight accommodations in the California Suite; guided limousine tour of the city as seen through Hollywood’s eyes; gift of 25 DVDs of films shot on location in San Francisco; limousine transfer to Vine Cliff vineyard for dinner and wine tasting with vineyard owner; bottle of a rare vintage, etched with winner’s name; case of personally selected fine wines to take homeChicago – Trump International Hotel & TowerA one-bedroom Grand Deluxe Riverview Suite at Trump International Hotel & Tower; round-tip airport transfers in a Rolls Royce Phantom; couple’s massage at The Spa at The Trump; intimate dinner for two at SixteenNew York – The New York Palace HotelA Triplex Suite at The New York Palace Hotel; round-trip airport transportation in the hotel’s Maybach; full day of pampering for two at Cornelia Day Resort; luxury pajamas and robes for him and for her from Donna Nadeau; dinner for four at critically acclaimed Gilt restaurant.www.lhw.com/80waysFor further information on reserving this exceptional package, please contact Jon Londeen, senior vice president, reservations management, The Leading Hotels of the World, Ltd., at firstname.lastname@example.org, or (212) 515-5704.About The Leading Hotels of the World, Ltd. The Leading Hotels of the World, Ltd. is the prestigious luxury hospitality organization representing nearly 450 of the world’s finest hotels, resorts and spas, and is the operator of www.lhw.com and www.lhwspas.com – the online sources for your luxury lifestyle. As the largest international luxury hotel brand, the firm maintains offices in 26 major markets across the globe.Since 1928, the company’s reputation for excellence derives from the exacting levels of quality it demands of its members, each of which must pass a rigorous, anonymous inspection covering 1,500 separate criteria.High-resolution images and press information on individual member hotels are available for downloading at www.lhw.com/press. For reservations and information, visit www.lhw.com or telephone toll-free from the USA, Canada, Puerto Rico and the US Virgin Islands, (800) 223-6800.
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