Share of First-Time Buyers on Agency-Backed Loans Rises, But So Does Risk

May 31, 2021

first_img in Daily Dose, Featured, Market Studies, News  Print This Post AEI International Center on Housing RIsk Agency-Backed Mortgage Loans First-Time Buyer Risk First-Time Buyer Share 2015-09-23 Brian Honea Demand Propels Home Prices Upward 2 days ago 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. First-time buyers comprised 56.9 percent of primary owner-occupied home purchase mortgages with a government guarantee in August 2015, up from the 54.5 percent share last August, the American Enterprise Institute (AEI) reported in their First-Time Buyer Mortgage Share Index (FBMSI).The share has risen above previous year levels since April 2015, reflecting improvements within the labor market, riskier mortgage lending, and continuing low mortgage rates. This and a 35-month-long seller’s market for existing homes are causing home prices to increase much faster than income.“The strong spring 2015 home buying season has been paced by outsized gains for first-time buyers,” said Edward Pinto, co-director of the AEI’s International Center on Housing Risk. “Unfortunately, these gains are fueled in part by liberalized credit standards, which is creating demand pressure and driving real home prices higher. This will lead to future instability.”The Federal Housing Administration (FHA) had a share of first-time homebuyers in August at or above 80 percent, Fannie Mae’s share stood at 43.3 percent, and Freddie Mac had a share of about 40 percent, AEI reported.“FHA continues to drive the first-time homebuyer market,” Pinto said. “Its underpricing of credit is exposing a new generation of homebuyers to the perils of unsustainable loans.”The Combined FBMSI, which measures the share of first-time buyers for both government-guaranteed and private-sector mortgages, reached approximately 51.4 percent, up from 49.3 percent the prior August.AEI also found that the number of primary owner-occupied purchase mortgages going to first-time buyers in August totaled an estimated 156,000, up 20 percent from the 130,000 mortgages last year during this same time.“We paint an accurate picture of first-time buyer activity by using a nearly complete census of agency loans,” said Stephen Oliner, co-director of AEI’s International Center on Housing Risk. “The NAR’s survey results are no match for the story told by millions of loans.”The Agency First-Time Buyer Mortgage Risk Index (FBMRI) reached 15.55 percent in August 2015, up 1.3 percentage points from a year earlier, and nearly 6 percentage points higher than the mortgage risk index for repeat homebuyers, a gap that continues to widen.The report showed that 54 percent of first-time buyer loans were high risk in August, mostly because of risk layering. This total is up from 48.5 percent a year earlier.“It is simply not true that first-time buyers face tight credit,” Oliner said. “If you have a steady job and an ordinary credit score, you can buy a home with little money down.” Related Articles Demand Propels Home Prices Upward 2 days ago Tagged with: AEI International Center on Housing RIsk Agency-Backed Mortgage Loans First-Time Buyer Risk First-Time Buyer Share Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: CFPB Complaint Report Cites Problems With Loan Mod Process Next: Non-Foreclosure Solutions Down Year-Over-Year, But Still Outpace Completions Four to One 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 agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago September 23, 2015 1,010 Views Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Share of First-Time Buyers on Agency-Backed Loans Rises, But So Does Risk About Author: Xhevrije West Share of First-Time Buyers on Agency-Backed Loans Rises, But So Does Risk Share Save Servicers Navigate the Post-Pandemic World 2 days ago Subscribelast_img read more

AACER: Bankruptcy Filings Remain Virtually Unchanged Over-the-Year

May 31, 2021

first_img Tagged with: AACER Bankruptcy Filings Epiq Systems AACER: Bankruptcy Filings Remain Virtually Unchanged Over-the-Year Previous: Did the 9th Circuit Just Signal Victory for GSE Investors? Next: They’ve Come a Long Way: FHFA Details Progress of Non-Performing Loan Sales Home / Daily Dose / AACER: Bankruptcy Filings Remain Virtually Unchanged Over-the-Year  Print This Post Related Articles Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Since 2010, bankruptcy filings have been on a steady decline, for the most part. In February, however, the number of filings nationwide remained virtually unchanged year-over-year and shot up by 23 percent over-the-month, according to February 2016 AACER bankruptcy data reported by Epiq Systems on Thursday.Bankruptcy filings totaled 64,662 for February, only 402 lower than in February 2015 (a decline of less than 1 percent) but more than 12,000 higher than January 2016’s total (52,522), and February had only one more filing day than January (20, compared to 19).February’s total brings the year-to-date amount of filings for 2016 up to 117,204, down from 124,052 reported for the first two months of 2015 and the combined total of 140,542 for January and February of 2014. The peak for any month of February occurred in 2010, when 117,989 filings were reported.In February 2016, bankruptcy filings per day totaled 3,233 per day over 20 filing days, which was down slightly over-the-year from February 2015’s total of 3,421 filings per day. For the full year of 2015, filings totaled 3,264 per day over 251 filing days, for a cumulative total of 819,240 (an average of 68,270 per month). So far in 2016 in 39 filings days, filings have averaged 3,005 per day.Click HERE to view the entire reportCalifornia, the top state for cumulative bankruptcy filings in 2015, has the most filings year-to-date in 2016 with 10,908. Illinois was second with 8,812, followed by Georgia (7,747), Florida (7,142), and Tennessee (5,562), which surpassed Texas for the fifth spot on the list (5,517).Tennessee and Alabama continued to rank first and second among states in bankruptcy filings per capita for February with 5.39 and 5.09 for every 10,000 people, respectively. Those numbers represented increases from January’s total of 4.82 and 4.35 for every 10,000 people, respectively. The national average of filings per capita in February 2016 increased over-the-month to 2.26, compared to 2.02 in January.Epiq Systems is a leading global provider of technology-enabled solutions for electronic discovery, bankruptcy and class action administration. Top legal professionals depend on us for deep subject-matter expertise and years of firsthand experience working on many of the largest, most high-profile and complex client engagements. Epiq Systems, Inc. has locations in the United States, Europe and Asia. Sign up for DS News Daily 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. About Author: Brian Honea March 3, 2016 1,487 Views Data Provider Black Knight to Acquire Top of Mind 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 Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News AACER Bankruptcy Filings Epiq Systems 2016-03-03 Brian Honea The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

Retirees Stuck in Buying vs. Renting Dilemma

May 31, 2021

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago 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. The Best Markets For Residential Property Investors 2 days ago Share Save Previous: Here are Three Areas Where Mortgage Lenders Need to Improve Next: Invitation Homes Adds Two Senior Executives in Featured, News Subscribe Demand Propels Home Prices Upward 2 days ago Retirees Stuck in Buying vs. Renting Dilemma About Author: Xhevrije West Related Articles Should retirees plan to buy a home or rent one once their working days are done? According to a newly released Rent vs. Buy Report from Trulia, that depends on the legacy they want to leave behind.Though nationally, the report shows that buying is slightly cheaper than renting on the whole, that’s only if the retiree cares about leaving an inheritance for their loved ones upon death. If they don’t care about the home equity they leave behind, the report shows that renting a home is actually the more affordable option in 98 of the top 100 U.S. cities for retirees.The reasoning? The Rent vs. Buy Report says that comes down to the benefits of both homeownership and renting. For homeowners, one of the biggest benefits is the equity value – how much they own of the house and how much they stand to earn when the property is sold.  If this value is left out, the report says, the advantages of buying no longer outweigh those of renting.If home equity is of importance to the retiree, then buying is cheaper than renting in all major metropolitan areas by 41.8 percent. For all households – including those retiring and those not – buying is 34.8 percent cheaper than renting. Thanks to declining mortgage rates, that’s up from last year, when buying was 34.2 percent cheaper.To little surprise, the report shows Florida as the best place to save on a retirement home purchase in the U.S.  Retirement communities showed the widest margins in buying versus renting for retirees. In fact, in The Villages, Florida buying a home is 71.6 percent more affordable than renting one. Other Florida cities with high margins were Naples, Venice, Delray Beach, Deerfield Beach, Marco Island, Pompano Beach, Englewood, Titusville, and Hallandale Beach.But Florida wasn’t the only state to offer a buying-over-renting savings for retirees. Other top cities included: New Orleans and Baton Rouge, Louisiana; Tulsa, Oklahoma; Memphis, Tennessee; Birmingham, Alabama; Greenville and Charleston, South Carolina; and Atlanta, Georgia.Trulia’s Rent vs. Buy Report is released biannually and assumes a 30-year fixed-rate mortgage with a 20-percent down payment for all calculations. The Best Markets For Residential Property Investors 2 days ago Home / Featured / Retirees Stuck in Buying vs. Renting Dilemmacenter_img Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Is Rise in Forbearance Volume Cause for Concern? 2 days ago Tagged with: Buying vs. Renting Retirees Trulia  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago April 26, 2016 4,556 Views Buying vs. Renting Retirees Trulia 2016-04-26 Brian Honea The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days agolast_img read more

Balancing Business Concerns and Home Affordability

May 31, 2021

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Balancing Business Concerns and Home Affordability Tagged with: Affordability Home Prices Subscribe Balancing Business Concerns and Home Affordability Affordability Home Prices 2018-05-07 David Wharton About Author: David Wharton Data Provider Black Knight to Acquire Top of Mind 2 days ago May 7, 2018 1,526 Views Starting a business and owning a home—two slices of the American Dream. While not every American will pursue the former, those who do will also have to consider the latter. Finding the right place to launch your business venture involves many different factors…including finding a city where housing affordability will prove beneficial to both entrepreneurs and potential employees. It turns out the best town for starting a business in 2018 isn’t on the coasts—it’s in Oklahoma.That’s according to WalletHub’s new report entitled “2018’s Best Large Cities to Start a Business.” WalletHub examined more than 180 U.S. cities, measuring each in terms of 19 business-related metrics such as five-year business survival rates and the price of office space. The result? Oklahoma City tops WalletHub’s list as the best large city for budding entrepreneurs, thanks to strong performance in terms of business environment, access to resources, and business costs.While WalletHub’s report doesn’t address local home prices specifically, that’s an important factor worth considering as well, both for the entrepreneur starting out and when it comes to attracting employees as the business grows. The median local home value in OKC is $126,566, well below the national median of $213,146. Like many American markets, however, Oklahoma City home prices have been on the rise, up 4.2 percent year-over-year and with Zillow data predicting another 2.9 percent increase over the next yearAustin, Texas, is next on WalletHub’s list of the best large cities for aspiring entrepreneurs. Affordability will likely be more of an issue in Austin than up in Oklahoma, as the median Austin home value is $344,325 according to Zillow, up 7.2 percent year-over-year and with a projected 4.2 percent increase over the next year.Sioux Falls, South Dakota, comes in third according to WalletHub. How does it stack up when it comes to home prices? Still coming in below the national median, Sioux Falls’ median home value is currently listed as $180,251 by Zillow, up 7.4 percent year-over-year and with a projected 3.2 percent increase over the next year.From there, the rest of WalletHub’s top 10 breaks down like so: Missoula, Montana, comes in at fourth place, followed by Durham, North Carolina; Bismarck, North Dakota; Cheyenne, Wyoming; Billings, Montana; Charlotte, North Carolina; and Raleigh, North Carolina. With three of the top 10 cities within its borders, North Carolina must be doing something right.Of these top 10 cities, only four feature median home values at or below the national average: Oklahoma City, Sioux Falls, Durham, and Charlotte.To see WalletHub’s full list of “2018’s Best Large Cities to Start a Business,” click here. in Daily Dose, Featured, Journal, Market Studies, News Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago 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] center_img Previous: Three Factors Impacting the Housing Market Next: As Hurricane Season Approaches, 2017’s Disaster Impact Lingers  Print This Post The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Share Save The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Demand Propels Home Prices Upward 2 days agolast_img read more

Home Prices Continue Upward Trend

May 31, 2021

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home Prices Continue Upward Trend Sign up for DS News Daily July 2, 2019 2,269 Views  Print This Post Home / Daily Dose / Home Prices Continue Upward Trend Data Provider Black Knight to Acquire Top of Mind 2 days ago Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Share Save Subscribe Tagged with: corelogic home price index Related Articles in Daily Dose, Featured, News, Secondary Marketcenter_img About Author: Mike Albanese The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago CoreLogic’s latest Home Price Index (HPI) revealed national home price rose 3.6% year-over-year in May 2019.The report adds that CoreLogic is forecasting prices to increase 5.6% from May 2019 to May 2020. The May 2019 gains was lower than the 6.4% increase of May 2018, but a slight increase from March 2019’s 3.3%. Homes in the lower-price tier saw the largest annual increases at 5.4%. The middle low-to-middle tier rose 4.5%, middle-to-moderate price tier increased 4%, and the high-price tier jumped 3%. CoreLogic stated the overall HPI has increased annually every month since March 2012, and grown 61.1% since bottoming out in March 2011. The overall HPI in May 2019 was 8.3% higher than its pre-crisis peak in April 2006. Home prices increased 2.6% year-over-year in May 2019, and were 11.6% below their peak. For the eighth-consecutive month Idaho led the nation in annual appreciation, coming in at 10.7% in May 2019. North Dakota had its 11th month of annual HPI decreases, and saw home prices depreciate at 1.7%. Home prices in 39 states, including the District of Columbia, have risen above their pre-crisis peaks. California, Idaho, and Michigan have surpassed their pre-crisis peaks as of May 2019. Connecticut’s home prices in May 2019 were 17.6% below the July 2006 peak, which is the largest gap in the nation. Home price cooling was most evident, according to CoreLogic, in Washington, California, and Nevada. Rising home prices are an issue for prospective buyers, as a study by realtor.com found that half of today’s home buyers are looking for a property under $288,000, which is more than 9% below the median price for homes currently on the market. The results of the study found that home’s priced below $288,000 is 9.1%, or $27,000 under the national average. “The price differences between what buyers are searching for, closing on, and what’s available on the market demonstrates just how big the gap is for entry-level home buyers,” said Danielle Hale, Chief Economist for realtor.com. Realtor.com states that closing that gap won’t come easy, and estimates that approximately that 94,000 homes priced between $100,000 and $340,000 would need to be put up for sale achieve that balance.  corelogic home price index 2019-07-02 Mike Albanese Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: Re-Examining Manufactured Housing Next: Legislation Addresses Michigan’s Property Tax Foreclosures Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

The Week Ahead: Readdressing the Community Reinvestment Act

May 31, 2021

first_img The Best Markets For Residential Property Investors 2 days ago January 10, 2020 1,267 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Government, Market Studies, News  Print This Post Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Community Reinvestment Act Comptroller Otting 2020-01-10 Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago On Tuesday, the House Financial Services Subcommittee on Consumer Protection and Financial Institutions will hold a hearing titled, “The Community Reinvestment Act: Reviewing Who Wins and Who Loses with Comptroller Otting’s Proposal.” Witnesses will include Gerron Levi, Director, Policy & Government Affairs, National Community Reinvestment Coalition; Eric Rodriguez, Senior Vice President, Policy and Advocacy, UnidosUS; Paulina Gonzalez-Brito, Executive Director of California Reinvestment Coalition Institute; Hope Knight, President & CEO, Greater Jamaica Development Corporation; and Faith Bautista, President & CEO, National Diversity Coalition.The hearing is being held after Comptroller of the Curency Joseph Otting an update to the CRA’s rules toward the end of 2019. According to Otting, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. is “took steps to strengthen and modernize CRA rules, and encourage banks to do even more to help our neediest communities.””The proposal builds on recommendations that federal banking agencies submitted to Congress in 2017 as part of their required decennial review of laws and regulations. It reflects the Treasury Department’s recommendations released in April 2018 and the feedback gathered by the Federal Reserve,” said Otting.According to Reuters, regulators are trying to update rules in the 1977 Community Reinvestment Act, which requires regulators to assess how well banks are serving the needs of lower-income areas. The rules were last updated in 1995.The Fed shares responsibility for enforcing the Community Reinvestment Act with two other regulators: the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation.According to Reuters, those two regulators proposed a rule update in December without the U.S. central bank’s support, which would establish a uniform standard to evaluate a banks’ effort to support lower-income communities.Here’s what else is happening in The Week Ahead:NAHB Home Builders Index (January 16)Census’ Housing Starts/Permits (January 17) Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. center_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Readdressing the Community Reinvestment Act About Author: Seth Welborn Home / Daily Dose / The Week Ahead: Readdressing the Community Reinvestment Act Servicers Navigate the Post-Pandemic World 2 days ago Previous: Tax Reform’s REIT Impact Next: VMC Doubles Issuances Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Community Reinvestment Act Comptroller Otting Sign up for DS News Daily Subscribelast_img read more

36% of babies born in Donegal last year were registered outside marriage

May 27, 2021

first_img WhatsApp 36% of babies born in Donegal last year were registered outside marriage RELATED ARTICLESMORE FROM AUTHOR NPHET ‘positive’ on easing restrictions – Donnelly Facebook Three factors driving Donegal housing market – Robinson Twitter News Almost 10,000 appointments cancelled in Saolta Hospital Group this week Facebook Calls for maternity restrictions to be lifted at LUH Google+center_img By News Highland – July 11, 2012 WhatsApp Pinterest Pinterest Google+ Previous articleFamily Resource Centres facing bigger workload with less funding – ReportNext articleHomecare company to create 75 jobs in Donegal News Highland The latest statistics from the CSO show 2,212 babies were born in Donegal last year, the majority of them to married mothers between the ages of 30 and 34.There were 508 babies born in Donegal in the fourth quarter of 2011, 6 more than during the same period in 2010.280 of the babies born were male while 228 were female.64% of babies were registered within marriage  – 36 % outside marriage of the later 17% were born to parents living at the same address.16 children were born to mothers under 20 while 26 were born to mothers over 40. The overwhelming majority of babies were born to mothers aged 30 to 39.The CSO figures released today cover last year and are broadly in line with 2010. Guidelines for reopening of hospitality sector published LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Twitterlast_img read more

Highland’s Farming News – Thursday 25th August

May 27, 2021

first_img Calls for maternity restrictions to be lifted at LUH Google+ A 15 Minute Programme presented by Chris Ashmore every Thursday at 7.05pm highlighting all that’s happening in the farming community.Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/08/FarmingAugust11th2016-1.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. RELATED ARTICLESMORE FROM AUTHOR WhatsApp NewsPlayback LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Twitter By admin – August 25, 2016 Google+ Nine Til Noon Show – Listen back to Wednesday’s Programme Pinterestcenter_img NPHET ‘positive’ on easing restrictions – Donnelly Highland’s Farming News – Thursday 25th August Guidelines for reopening of hospitality sector published WhatsApp Previous articleDrugs worth £80,000 seized following searches of a house in OmaghNext articleRyanair flogging 100,000 seats across Europe for €19.99 to celebrate being voted ‘world’s favourite airline’ admin Facebook Facebook Pinterest Twitter Three factors driving Donegal housing market – Robinson last_img read more

Lynch backs Heritage Council call for national town centre organisation

May 27, 2021

first_imgNewsx Adverts WhatsApp Facebook One of Letterkenny Town Council’s longest serving members is backing a  Heritage Council call for the establishment of a national organisation to support the sustainable development of town centres.The Heritage Council suggestion is included in its submission to a government review on retail planning guidelines.Letterkenny Cllr Jim Lynch says such a body could help ensure proper development in town centres, while acting as a watchdog to ensure that the character of towns is not compromised.He says in the case of Letterkenny, much of what was done in the name of urban renewal was destructive rather than constructive………[podcast]http://www.highlandradio.com/wp-content/uploads/2012/02/lynch1pm.mp3[/podcast] Almost 10,000 appointments cancelled in Saolta Hospital Group this week Twitter Pinterest Google+ By News Highland – February 13, 2012 Guidelines for reopening of hospitality sector published WhatsApp Previous articleNew Monreagh NS building is officially openedNext articleFormer Derry Councillor admits sexually assaulting 11 year old girl News Highland center_img LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Need for issues with Mica redress scheme to be addressed raised in Seanad also Pinterest RELATED ARTICLESMORE FROM AUTHOR Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Facebook Google+ Calls for maternity restrictions to be lifted at LUH Twitter Lynch backs Heritage Council call for national town centre organisationlast_img read more

Fresh expenses probe into ten sitting and former Donegal County Councillors

May 27, 2021

first_img Twitter By News Highland – June 21, 2013 Guidelines for reopening of hospitality sector published Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey News Google+ Donegal County Council has confirmed  anonymous correspondences have been received by the Ethics Registrar in the Council alleging that a number of current and former councillors did not attend for the full duration of certain conferences or seminars.The documentation is signed off on behalf of ‘Tax Payers of Donegal and Rate Payers of Donegal.’It’s being claimed that a number of sitting and former county councillors in Donegal claimed for conferences they shouldn’t have.Detailed documentation relating to ten sitting and ex councillors alleges that they claimed expenses for conferences they did not fully attend.The annonymous complainant claims that it is a ‘possible breach of the code of conduct of councillors’ not to attend a conference for its duration and did not represent good value for money to the tax payer.Details are given of the cost of the conferences, including mileage and subsistence.The cost of the conferences range from 497 euro to over 1,200 euro. The conferences date as far back to 2007.Donegal County Council has contacted those named to make them aware that their names on the documentation. Facebook Almost 10,000 appointments cancelled in Saolta Hospital Group this week Pinterest Fresh expenses probe into ten sitting and former Donegal County Councillors Google+center_img Pinterest LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Previous articleDerry based American woman on explosives charges gets bail in BelfastNext articleAnyone who hasn’t paid household charge by end of June will be hit with €200 fine News Highland RELATED ARTICLESMORE FROM AUTHOR Twitter WhatsApp Facebook Calls for maternity restrictions to be lifted at LUH Need for issues with Mica redress scheme to be addressed raised in Seanad also WhatsApplast_img read more