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WW statement in solidarity with rebellion

first_imgThe following Workers World Party public statement was issued on June 4.  In SOLIDARITY we demand:Withdraw the Police & National Guard!End Mass Arrests & Curfews! Drop All Charges!Hands Off Antifa! Stop Attacks on Anti-Racist Protesters! Smash White Supremacy!No Justice! No Peace!Black Lives Matter!Minneapolis protest for George Floyd May 26.On June 1, Trump invoked the 1807 Insurrection Act to deploy the military inside the U.S.  Trump announced: “I am dispatching thousands and thousands of heavily armed soldiers, military personnel, and law enforcement officers. … We’re going to clamp down very strong.”He called on governors to use state National Guard, military police units to “dominate the streets.”  Then he put his top military adviser, Chairman of the Joint Chiefs of Staff Gen. Mark A. Milley,  “in charge” of the response to the protests.   He declared: “We’re going to do something that people haven’t seen before.”The real Looters are the giant corporations that seized ALL the COVID-19 stimulus money. The real criminals are on Wall Street and in the White House. There is lots of money for police overtime and sending in the National Guard. But there is no money for emergency relief for workers and oppressed or to fight the pandemic.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Ranking Reverse Mortgage-Backed Securities Issuance

first_img David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Home / Daily Dose / Ranking Reverse Mortgage-Backed Securities Issuance Subscribe Demand Propels Home Prices Upward 2 days ago HECM HECM mortgage-backed securities HMBS home equity conversion 2018-04-05 David Wharton Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Tagged with: HECM HECM mortgage-backed securities HMBS home equity conversion Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Ranking Reverse Mortgage-Backed Securities Issuance NewView Advisors, LLC, a financial services firm based in New York, has released a new look at the state of HECM mortgage-backed securities for the first quarter of 2018. HECM is the Federal Housing Administration’s (FHA) Home Equity Conversion Mortgage reverse mortgage program, which allows homeowners to withdraw some of the equity in their home. These HECM loans can also be pooled into HECM mortgage-backed securities (HMBS) within the Ginnie Mae II MBS program.The year’s first quarter saw the issuance of $2.97 billion of HMBS, which amounts to 28 percent of calendar 2017’s entire yearly issuance. However, NewView’s report warns that this number may be misleading. “Unless highly seasoned HMBS becomes the norm,” states the report, “expect much lower volume for the remainder of 2018 due to the new PLF curves in effect since October.” HMBS issuance volume for 2017 totaled $10.5 billion. The record was set in 2010 at $10.7 billion.NewView also ranked the top 10 issuers of HMBS for Q1 2018, with Reverse Mortgage Funding (RMF) topping the list with 42 pools and an original aggregate amount of nearly $1.1 billion. That total gave RMF a 36.4 percent market share for the quarter.Coming in second was American Advisors Group’s $587.2 million and 19.8 percent market share. Finance of America Reverse held the third spot with $452.6 million and a 15.26 percent market share, followed by Ocwen Loan Servicing in fourth with $222.8 million and a 7.51 percent market share. Live Well Financial rounds out the top five with $209.4 million in issuance and a 7.06 percent market share.NewView reports that the top five HMBS issuers accounted for 86 percent of total issuance in Q1. That’s an increase of 6 percent over Q4 2017. HMBS issuance during Q4 2017 totaled nearly $3.3 billion. Previous: Houston Updates Building Codes in Floodplain Next: Fight Against Urban Blight Finds Unexpected Ally in Daily Dose, Featured, Journal, News, Secondary Market Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: David Wharton Related Articles Sign up for DS News Daily April 5, 2018 3,169 Views  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days agolast_img read more