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African Sun Limited 2011 Abridged Report

first_imgAfrican Sun Limited (ASUN.zw) listed on the Zimbabwe Stock Exchange under the Tourism sector has released it’s 2011 abridged results.For more information about African Sun Limited (ASUN.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the African Sun Limited (ASUN.zw) company page on AfricanFinancials.Document: African Sun Limited (ASUN.zw)  2011 abridged results.Company ProfileAfrican Sun Limited is a hospitality management company that is involved in the running of hotels, resorts, casinos and timeshare operations in Zimbabwe and South Africa. It operates through four divisions; Hotels Under Management, Hotels Under Franchise, Owner-managed Hotels and the Victoria Falls Hotel Partnership. Established in 1968 as Zimbabwe Sun Limited, the company has grown in stature to include Legacy Hospitality Management Services Limited which manages five hotels, and the InterContinental Hotels Group. Prestigious hotel brands in African Sun Limited’s expansive portfolio include The Victoria Falls Hotel, Holiday Inn, Great Zimbabwe Hotel and The Caribbea Bay Resort. African Sun Limited is a constituent of the Zimbabwe Industrial Index. African Sun Limited is listed on the Zimbabwe Stock Exchangelast_img read more

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I think these FTSE 100 stocks could enjoy a big 2020 retail recovery

first_img Image source: Getty Images Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Alan Oscroft | Friday, 21st August, 2020 Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I think these FTSE 100 stocks could enjoy a big 2020 retail recovery Enter Your Email Addresscenter_img “This Stock Could Be Like Buying Amazon in 1997” Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK owns shares of Next. The Motley Fool UK has recommended Associated British Foods. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! The retail sector was struggling even before Covid-19 struck, and the pandemic means it’s set for a disastrous year, right? Wrong. According to the Office for National Statistics (ONS), retail sales in July were back above their pre-lockdown levels. With the FTSE 100 still in a 20% slump in 2020, that means there must be some bargain stocks to be had, right? I say yes.Retail volumes rose 3.6% between June and July, which might not seem too exciting on first look. After all, we’re really just opening up after our very strict lockdown. But July sales were actually higher than February’s, and I think August is likely to continue the trend.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The first lesson for me is that the past six months has been a very short time in investing, even if it can feel like it’s sucked far more time than that out of our lives. And as we’ve been trying to reassure investors all along at The Motley Fool, even a FTSE 100 dip as deep as this year’s will disappear into the charts in the fullness of time.If we’d had a complete blank in statistics between March and June, the ONS retail sales chart for the past five years would just look like a steady upwards line. There’d be no way to guess what a calamity actually happened. The FTSE 100 chart doesn’t look quite like that yet. But once it’s fully recovered, I’m sure it will — just like every other stock market crash we’ve ever had. In the meantime, we can look for buys to make the most of the time lag.FTSE 100 retailersSo what would I pick? I’ve always been a fan of Associated British Foods. Primark is the jewel in the crown, and checking out Primark figures is the first thing I always do whenever we get results from ABF. Primark has been hit in the downturn, but we have the company’s food business and its sugar production as defensive back-ups. The ABF share price is down 20% in 2020, and I rate it a top FTSE 100 buy.The clothing business is a tough one, and we’ve seen so many failures over the years. They range from fad fashion brands that burn brightly and then dim to nothing, to high street fixtures like Marks & Spencer. M&S has been struggling to sell clothing for decades. But directly opposite my local branch lies Next, and that’s an entirely different story. Next just seems to manage to get it right, year after year. And it’s doing a great job of selling online too, which is a must these days. The Next price dropped further than the FTSE 100 in the early crash. But it’s now doing better than the index, with a year-to-date drop of 11%. Next is a buy for me.One to watchI’m in two minds about Frasers Group, as Mike Ashley has rebranded the former Sports Direct International. I’m not keen on the firm’s debt situation, but I do like its very positive outlook. And while the share price has pulled back from the worst of its lockdown slump, it still looks cheap. I’m starting to think it could be time to buy, but I’ll watch and wait for a little longer. See all posts by Alan Oscroftlast_img read more

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Blue Darters, Mustangs land in AP Top 10 Poll

first_imgShare on Facebook Tweet on Twitter LEAVE A REPLY Cancel reply Apopka (5)                                           6-1   82         3  Deerfield Beach (3)                                 3-2   80         2Vero Beach (1)                                       5-0   65         5Kissimmee Osceola                              5-0   63         4South Dade                                            5-0   47         7Christopher Columbus Catholic                 5-1   41         8Dr. Phillips                                           4-2   38         1Miramar                                                 5-1   23         9Miami Southridge                                   2-2   13         6Wekiva                                                 5-1   12         NR(tie)Winter Park                                          7-0   12         NR Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 The Anatomy of Fear You have entered an incorrect email address! Please enter your email address here TAGSApopka Blue DartersWekiva Mustangs Previous articleHope CommUnity Center begins citizenship classesNext articleApopka Burglary Report Denise Connell RELATED ARTICLESMORE FROM AUTHORcenter_img Support conservation and fish with NEW Florida specialty license plate Please enter your comment! Please enter your name here The Apopka Blue Darters moved up to #1 in the most recent Associated Press Poll of 8-A high school football teams. Apopka moved ahead of the the Dr. Phillips Cougars (previously #1), and Deerfield Beach (remaining at #2). The Blue Darters were ranked #3 in the previous week’s poll.For the first time this season, the Wekiva Mustangs landed in the poll, with a #10 ranking after a 14-0 victory over Dr. Phillips last Thursday. They are tied in the 10th spot with Winter Park.Apopka is coming off a 55-12 victory over Jacksonville Mandarin on Friday, and a 21-14 win over Dr. Phillips on Monday (although that victory was not taken into account for this poll).The Blue Darters are currently 6-1 (1-0 in district play) and play West Orange this Friday night at Roger Williams Field on the campus of Apopka High School. Wekiva is 5-1 (1-0 in district play) and plays Evans High School at Wekiva High School. Both games kickoff at 7 PM.The Blue Darters and Mustangs clash on October 27th in the district finale at 7 PM also at Roger Williams Field.The poll shows ranking/team/record/votes/previous ranking: Save my name, email, and website in this browser for the next time I comment.last_img read more

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Residential Development J.Basanaviciaus 9A / Paleko architektu…

first_imgArchDaily “COPY” Photographs Constructors:G.Lietvaitis, K.VeterisClient:UAB EikaCity:VilniusCountry:LithuaniaMore SpecsLess SpecsSave this picture!© Norbert TukajRecommended ProductsFiber Cements / CementsDuctal®Ductal® Cladding Panels (EU)DoorsSaliceSliding Door System – Slider S20DoorsECLISSESliding Pocket Door – ECLISSE LuceWindowsSolarluxSliding Window – CeroArchitectural – urbanistic intentions and conceptionWhile searching for architectural and urbanistic conception, we were trying to create simple and rational structure from the functionality, construction and exploitation point of view. Also, to find suitable, subtle relation with spaces of neighboring old town and Reformatai square.Save this picture!© Norbert TukajSave this picture!SituationSave this picture!© Norbert TukajConception was determined by the location and context of the site: former residential site function was recreated; historically formed site terrain character was not changed – buildings are composed in different levels; pitched roofs were designed taking into account old town silhouette.Save this picture!First floor planStructure of the spaces, volumetric solutionsIn order to achieve integrity, we chose several architectural-compositional denominators. First – three volumes of the same profile. Second – all of the three houses are similar to each other in size in the plan, and house by the park is one floor lower than the two other buildings.Save this picture!© Norbert TukajAfter estimating the scale and structures of adjacent and neighboring territories, in order to articulate the northern layout of J.Basanavicius street, new building forms perimetrical occupation of the plot by the street, while closer to the park villa morphotype is chosen. The building by the Reformatai square is slightly turned in relation to the middle building, in this way enhancing the city villa character.Save this picture!DiagramFacades and finishing materialsIn the facade solutions, several important principles that are inherent to Vilnius old town are reflected:1. Regular and harmonious window arrangement;2. Rather high fence that enhances the perimetrical occupation of the plot by the main street;Save this picture!© Norbert Tukaj3. Firewall – solid massive building wall. Inner structure of the building plan is inherent to the building facades – window openings, balconies are arranged in a way so it would assure good functionality of inner structure, size of the windows assures sufficient lighting and insolation. Tall windows, that are matched to the window scale neighboring eclectic buildings window, open up the panoramas and let in more sunlight.Save this picture!Section BBColor and material – contextual, modern, durable and natural. Taking into account dominating building material in J.Basanavicius street, light plaster was used for the buildings by the street; reacting to the natural park colors and seasonality, dark grey wood was used for the building by the park. All of the balconies are covered by the same material as the facade.Save this picture!© Norbert TukajProject gallerySee allShow lessSnøhetta Unveils Designs for Europe’s First Underwater RestaurantArchitecture NewsItalian Fashion Hub: Call For EntriesArticlesProject locationAddress:Vilnius, LithuaniaLocation to be used only as a reference. It could indicate city/country but not exact address. Share Residential Development J.Basanaviciaus 9A / Paleko architektu studija Residential Development J.Basanaviciaus 9A / Paleko architektu studijaSave this projectSaveResidential Development J.Basanaviciaus 9A / Paleko architektu studija Year:  Projects Area:  4000 m² Year Completion year of this architecture project Manufacturers: Kone, Megrame Medis, Plaka CopyAbout this officePaleko architektu studijaOfficeFollowProductsGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingVilniusLithuaniaPublished on October 23, 2017Cite: “Residential Development J.Basanaviciaus 9A / Paleko architektu studija” 23 Oct 2017. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogShowerhansgroheShowers – Croma SelectGlass3MGlass Finish – FASARA™ GradationPartitionsSkyfoldVertically Folding Operable Walls – Zenith® SeriesWall / Ceiling LightsCocowebLighting – Blackspot LED Barn LightUrban ApplicationsIsland Exterior FabricatorsPublic Safety Answering Center II Envelope SystemCeilingsSculptformTimber Batten Ceiling in All Souls ChapelHanging LampsLouis PoulsenLamp – PH 5 + PH 5 MiniGlazedGrespaniaWall Tiles – Porto PetroThermalSchöckInsulation – Isokorb® Concrete to SteelCeramicsTerrealTerracotta Baguettes in Vork CenterCompositesLamitechPlastic facades PanelexCarpetsHalcyon LakeCarpet – Nobsa GreyMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Housing Lithuania Save this picture!© Norbert Tukaj+ 21 Share “COPY” CopyHousing•Vilnius, Lithuania Lead Architects: Rolandas Palekas, Alma Palekienė, Bartas Puzonas, Dalia Uogintė, Sandra Šlepikaitė Architects: Paleko architektu studija Area Area of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/882012/residential-development-jbasanaviciaus-9a-paleko-architektu-studija Clipboard 2016 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/882012/residential-development-jbasanaviciaus-9a-paleko-architektu-studija Clipboard Photographs:  Norbert Tukaj Manufacturers Brands with products used in this architecture project last_img read more

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Fundraising Camp returns to Canterbury

first_img Tagged with: Fundraising Camp South East Training Howard Lake | 21 April 2015 | News Fundraising Camp returns to Canterbury Yesterday UK Fundraising’s Fundraising Camp took place in Canterbury, hosted once again by the Centre for Philanthropy at the University of Kent.Our tenth one-day Fundraising Camp (we’ve run two other shorter versions too) went down well, it seems, with plenty of participants commenting how valuable they found it to come to an event where they could meet and talk with other fundraisers and share ideas and problems.Having spent plenty of time over the past 18 months trying to explain that a Fundraising Camp doesn’t involve tents or campfires, we did for the first time venture outdoors to run three sessions in the afternoon to take advantage of the Kent sunshine. Another benefit of the flexible and informal format of Fundraising Camp.Thank you to Blackbaud Europe, One Cent Call and the Centre for Philanthropy at the University of Kent for their support for this event.Our next Fundraising Camp will be the first we’ve run in Northern Ireland. It takes place on 11 May in Belfast.  43 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img read more

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Hungary: Trivial grounds used to strip Budapest radio station of its licence

first_img Follow the news on Hungary Hungary is ranked 89th out of 180 countries in RSF’s 2020 World Press Freedom Index. HungaryEurope – Central Asia Media independenceInternational bodies Freedom of expressionJudicial harassment Klubrádió logo News to go further Help by sharing this information Anything goes when it comes to silencing independent media outlets in Hungary. In a letter sent to Klubrádió on 8 September, which the media has provided to RSF, the Media Council said it could not renew the radio station’s licence because it had not always “provided monthly data on programme quotas.”According to the Media Council, between 2015 and 2017, Klubrádió failed several times to certify that it was complying with legal programme quotas stipulating how much airtime broadcasters must allocate to Hungarian music and how much to international music. As a result, its licence will expire on 14 February 2021.The Media Council says such “repeated violation” of the media law twice in a year is sufficiently serious to constitute “an objective reason for ruling out renewal” – an argument rejected by Klubrádió, especially as it paid the approximately 100-euro fine that was demanded for each of these violations and fulfilled the programme quotas themselves. In the past, such repeated violations were not grounds for suspending other medias’ broadcasting licences, which amounts to the discrimination of Klubrádió. A radio station with a reputation for outspoken and humorous criticism of the government, Klubrádió already had its licence suspended in 2013. It was given a new, seven-year licence the following year – under pressure from its listeners – although it was limited to the Hungarian capital. If Klubrádió fails to win when its frequency is put up to bid, it will have to pass from Budapest to… the internet.“By taking a decision with such drastic consequences on such flimsy legal grounds, the Media Council is acting as if it was taking orders from the ruling party, Fidesz,” said Pavol Szalai, the head of RSF’s European Union and Balkans desk. “The new bidding process for Klubrádió’s frequency, which the Media Council is going to organize, must be conducted in a transparent and apolitical manner. The European Commission, for its part, must investigate the Media Council’s independence under the revised EU Audiovisual Media Services Directive.”The Media Council’s independence was already formally guaranteed in Hungarian legislation before the EU directive was transposed into Hungarian law in 2019, but its composition is politicized. When renewing the Media Council last December, parliament rejected all of the opposition candidates and elected only Fidesz nominees to the four vacant positions. News News Reporters Without Borders (RSF) urges the European Commission to investigate the independence of Hungary’s Media Council, which seems to have been following orders from the ruling Fidesz party when it refused to renew the operating licence of Klubrádió, Budapest’s last independent radio station, on trivial administrative grounds. RSF_en Organisation News HungaryEurope – Central Asia Media independenceInternational bodies Freedom of expressionJudicial harassment Receive email alerts Hungary’s leading independent radio station taken off the air Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU Swedish Reporters Without Borders awards press freedom prize to a Hungarian news site May 4, 2021 Find out more June 2, 2021 Find out more September 24, 2020 Hungary: Trivial grounds used to strip Budapest radio station of its licence February 10, 2021 Find out morelast_img read more

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Judges refuses mother’ application to remand son in prison

first_imgTwitter Linkedin Email NewsBreaking newsJudges refuses mother’ application to remand son in prisonBy admin – November 30, 2013 1461 Advertisement Printcenter_img WhatsApp by Andrew CareySign up for the weekly Limerick Post newsletter Sign Up andrewA JUDGE has refused a mother’s application to have her son sent to Limerick prison because she has been in constant fear of him for the last five years.Christopher Clancy (22) with addresses at Lord Edward Court and Hyde Road appeared before Limerick District Court charged with trespassing at his mother’s house in Castletroy where it is alleged that he threw a coffee table during an argument with her.A charge relating to an alleged breach of a barring order on November 11 was also put to Mr Clancy who made no response to the allegation.Gardai initially stated that there was no objection to bail but the mother of the accused man addressed the court and asked Judge Eugene O’Kelly to remand him in custody.Speaking from the public gallery, Ms Fiona Clancy told the judge that she wished to object to bail being granted to her son as she lives “in constant fear” of him.Taking to the witness box, Ms Clancy said she was “living in fear of that young fella” and further claimed that he had been “following me and threatening me for the last ten months”.Ms Clancy said that she and her three children had been experiencing difficulties over the last five years with the accused.Judge O’Kelly told Ms Clancy that he was “listening to what you are saying” but added that the Gardai were seeking strict conditions of bail.He added that bail would be revoked if the accused man breached even one condition.Bail was granted after the court approved an independent surety of €1,000 and Christopher Clancy was ordered not to have any contact with Fiona Clancy or her three other children at their Castletroy address.The case was adjourned to next month to await the directions of the Director of Public Prosecutions. Facebook Previous articleWarrant issued for arrest of Graffiti artistsNext articleBasketball Ireland Weekend Review adminlast_img read more

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UTPB’s Students in Philanthropy set to award $15,000 in grants

first_img Facebook UTPB’s Students in Philanthropy set to award $15,000 in grants UTPB logo, USE THIS ONE UTPB’s Students in Philanthropy program is set to reveal its 2018 grant recipients with its annual grant award ceremony Tuesday.The organization is set to award more than $15,000 to nonprofit applicants from around the Odessa area.The ceremony is set to start at 11 a.m. Tuesday in the President’s Conference Room in Room 2104 in the Mesa Building on UTPB’s campus.UTPB’s Students in Philanthropy program is sponsored by the Abell-Hanger Foundation, aiming to increase awareness of the value and importance of service to communities through philanthropy. Participating students fundraise through the fall semester, while learning more about nonprofit organizations, then help select grant recipients from applicants through the spring semester.This year, after the students’ fundraising and a gift from the Abell-Hanger Foundation, the program is set to award $15,729.65 to 11 different nonprofit organizations serving the Odessa area. Twitter Twitter By admin – April 15, 2018 Local News WhatsApp WhatsApp Pinterest Pinterest Previous articleTHE IDLE AMERICAN: Give Smiles a Try…Next articleTEXAS VIEW: Charity group is onto something good admin Facebooklast_img read more

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Mortgage Bankers are Making Higher Profits

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Major Impacts on Delinquency Rates Nationwide Next: Challenges Ahead for Mortgage Servicing in 2020 Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Seth Welborn Home / Daily Dose / Mortgage Bankers are Making Higher Profits Data Provider Black Knight to Acquire Top of Mind 2 days ago bankers Servicing 2019-11-27 Seth Welborn Tagged with: bankers Servicing  Print This Post Independent mortgage banks (IMB) hit a seven-year high in profits in Q3 2019, according to the Mortgage Bankers Association (MBA). in Q3, IMBs and mortgage subsidiaries of chartered banks reported a net gain of $1,924 on each loan they originated up from a reported gain of $1,675 per loan in Q2 2019.”A surge in refinance activity and a healthy purchase market led to robust mortgage volume in the third quarter, pushing up production profits to a high not seen since the fourth quarter of 2012 ($2,256 per loan),” said Marina Walsh, MBA’s VP of Industry Analysis. “The increase in profits was primarily driven by declining production expenses and higher loan balances, which mitigated the effects of lower basis-point revenue.”The purchase share of total originations, by dollar volume, decreased to 60% in the third quarter from 74% in the second quarter. For the mortgage industry as a whole, MBA estimates the purchase share was at 62% last quarter.Servicing net financial income for Q3 was a loss of $62 per loan, compared to a loss of $74 per loan in Q2. Servicing operating income, which excludes MSR amortization, gains/loss in the valuation of servicing rights net of hedging gains/losses and gains/losses on the bulk sale of MSRs, was $43 per loan in the third quarter, compared to $42 per loan in the second quarter.Additionally, total loan production expenses decreased to $7,217 per loan in Q3, down from $7,725 per loan in Q2. From the third quarter of 2008 to last quarter, loan production expenses have averaged $6,481 per loan.“With higher prepayment activity seen from borrowers refinancing, net servicing income did take a hit for the second straight quarter. Overall, it was a strong summer for independent mortgage banks, with 91 percent reporting profitability,” Walsh added. Mortgage Bankers are Making Higher Profits The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles 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 Share Save 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 The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily in Daily Dose, Featured, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago November 27, 2019 996 Views Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribelast_img read more

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Single-Family Temporary Flexibilities Extended, FHA Announces

first_img Single-Family Temporary Flexibilities Extended, FHA Announces February 23, 2021 11,857 Views The Federal Housing Administration (FHA) Tuesday announced extensions of a set of policy flexibilities for single-family lenders and servicers, part of its effort to maintain new mortgage originations for homebuyers and allow 203(k)-funded rehabilitation projects to continue, even throughout the COVID-19 pandemic.FHA’s Limited 203(k) program permits homebuyers and homeowners to finance up to $35,000 into their mortgage to repair, improve, or upgrade their homes. Homebuyers and homeowners can quickly and easily tap into cash to pay for property repairs or improvements, such as those identified by a home inspector or an FHA appraiser. “Homeowners can make property repairs, improvements, or prepare their home for sale,” according to FHA. “Homebuyers can make their new home move-in ready by remodeling the kitchen, painting the interior, or purchasing new carpet.”According to a press release from FHA, “these temporary policies recognize the sustained need for flexibility during this critical time to ensure mortgage financing remains available for the nation’s low- and moderate-income homebuyers and that home rehabilitation work can continue.”As of Tuesday, the temporary policies will be in place through June 30, 2021.HUD Office of Housing and Federal Housing Administration Principal Deputy Assistant Secretary Lopa Kolluri says the extensions allow lenders to continue originating and closing mortgages designated for FHA insurance endorsement during the pandemic and assist the completion of critical in-progress home repairs.The Mortgagee Letter 2021.06 and new Mortgagee Letter 2021.07 outline details and background of the policies related to Single Family Title II and Home Equity Conversion Mortgages (HECM).Under the extension, the following allowances exist, according to the news release: “Use of an exterior-only appraisal scope of work; and re-verification of employment, verification of self-employment income, and verification of rental income.”FHA added that for Single Family Title II forward 203(k) rehabilitation mortgages only,it also is extending temporary policies for the administration of 203(k) Rehabilitation Mortgage Insurance Program escrow accounts for borrowers in forbearance.Any questions regarding the mortgagee letters may be directed to the FHA Resource Center at 1.800.CALL.FHA. For additional information on the topic, visit hud.gov/answers. The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Single-Family Temporary Flexibilities Extended, FHA Announces  Print This Post Related Articles Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. 2021-02-23 Christina Hughes Babb Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: Investors Take Note: Top Locations for Gen Z Renters Next: Roughly 2.1 Million Homeowners Remain 90+ Days Overdue Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Christina Hughes Babb Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share 2Save The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Government, News Demand Propels Home Prices Upward 2 days ago 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 Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribelast_img read more