Game Group profit hit as price promotions weigh

first_imgWednesday 8 December 2010 7:19 pm Game Group profit hit as price promotions weigh whatsapp KCS-content COMPUTER games retailer Game Group said its profit margins would fall by more than expected as it steps up promotions to lure cash-strapped shoppers and maintain share in a cut-throat competitive market.Game, which has been hit by the absence of new games console launches this year, said yesterday sales trends had improved in recent weeks, helped by new title launches such as “Call of Duty: Black Ops” and “FIFA 11.”It also has high hopes for Microsoft’s Kinect motion-sensitive gaming product, which Britain’s biggest retailer Tesco tipped to be a top-seller this Christmas.However, Game said hard-pressed shoppers were becoming ever more focused on bargains, and it remained cautious about the outlook for 2011 amid a continued lack of new console launches.“Consumers appear to be more deal hungry, more value-seeking than perhaps they were even last year,” chief executive Ian Shepherd said. Britain’s retailers are worried that higher taxes and public spending cuts aimed at reducing government borrowing will hit consumer demand in the months ahead. whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldcenter_img Tags: NULL Show Comments ▼ Share Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Prooflast_img read more

Soap & Allied Industries Limited (SAIL.mu) HY2013 Interim Report

first_imgSoap & Allied Industries Limited (SAIL.mu) listed on the Stock Exchange of Mauritius under the Building & Associated sector has released it’s 2013 interim results for the half year.For more information about Soap & Allied Industries Limited (SAIL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Soap & Allied Industries Limited (SAIL.mu) company page on AfricanFinancials.Document: Soap & Allied Industries Limited (SAIL.mu)  2013 interim results for the half year.Company ProfileSoap & Allied Industries Limited is engaged in the production, distribution and sale of laundry, household cleaning, and personal care products in Mauritius. Within the company’s production line there are household cleaners for kitchens, bathrooms, floors, walls, beauty soaps, perfumed and non-perfumed bleaches to clean, disinfect, and deodorise, cosmetics that include shampoos, hair conditioners, shower gels, liquid soaps, liquid soap refills, custom made soaps for hotels and resorts, and dishwashing liquids offered. The company offers contract manufacturing services for retail chains as well and exports its product internationally, to countries that include, Comoros, Kenya, Madagascar, Mayotte, Reunion, Seychelles, South Africa, and Zimbabwe. Soap & Allied Industries Limited is listed on the Stock Exchange of Mauritius.last_img read more

Sonny Bill Williams debut for Toulon defies court order

first_imgSunday Aug 10, 2008 Sonny Bill Williams debut for Toulon defies court order We recently reported on the sensational move of NRL star Sonny Bill Williams to Toulon in France. A whole lot has happened off the field, culminating in a NSW Court order from the NRL to stop him from playing. Despite that, Williams made his debut for the newly promoted Top 14 team yesterday, playing well, but earning a yellow card in the process.Williams displayed the star factor thats been associated with his career since he was a teenager. Thousands turned out to watch him strut his stuff in the pre-season friendly against Carqueiranne-Hyeres.It was a mixed day for the New Zealander, as his team won easily 50-5, but he himself received a yellow card for a shoulder charge that is most definitely not part of the Union code.His victim afterwards described the hit as it being like an electrocution.Williams will adjust to the laws quickly though, and with the glimpses of brilliance he showed while playing on the wing – one handed offloads and basketball like skills – he is sure to be a superstar in France.Off the field though he faces his biggest challenge, as walking out on his contract with the Bulldogs two weeks ago has put him in the spotlight, with the NRL lawyers and top dogs out to make things right, which could actually mean he’ll face jail time if he continues to play in defiance of the NSW Supreme Court injunction.NRL boss David Gallop said they have “no choice” but to continue the legal pursuit of the Bulldog, warning that if he plays again, when Toulon meet Toulouse for a friendly on Friday night, they will be forced to take things further.Williams is not only flirting with a jail term for contempt of court, but he risks losing his Australian assets, including his $1.3 million Caringbah home.“It’s one thing not to comply with an obligation you have in a contract, it’s another thing altogether to defy an order of the court,” NRL lawyer Tony O’Reilly stated.To avoid being personally served with the injunction before kick-off, Williams travelled to the game by car, rather than the team bus. He also didnt warm up with the team, but received a huge ovation from the crowd, despite it being an away match.Speaking to a Sydney newspaper he said he’s prepared to go to jail for what he believes in.“What I’ve done, it’s shown it’s just not about me, it’s about the boys getting a fair go, you know what I mean?” he said. “It’s about them having the balls to stand up for themselves, and get what they should be getting.“I just want to see the game and the players looked after the way they should be because the crowds don’t turn up to watch David Gallop play… they turn up to watch the players play.“Hopefully some good can come out of what I’ve done and it wakes everybody up and they realise that something needs to be done.” :: Related Posts :: Sonny Bill Williams leaves the Bulldogs & League, goes to Toulon Sonny Bill Williams highlights Time: 01:57ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Related Articles 81 WEEKS AGO scottish prop saves fire victim 84 WEEKS AGO New Rugby X tournament insane 112 WEEKS AGO Vunipola stands by his comments supporting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedDoctors Stunned: She Removes Her Wrinkles With This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHere’s What That Tiny Hole Next to Your Iphone Camera Actually DoesNueeyYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueey10 Types of Women You Should Never MarryNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel ADVERTISEMENT Trending 6 DAYS AGO HUGE controversy sees Borthwick call Pat Lam a liar during heated Prem clash 5 DAYS AGO Melbourne Rebels do their best to wreck Bryn Gatland 4 DAYS AGO Lam’s explanation of bizarre situation that caused heated touchline argument 5 DAYS AGO François Steyn’s ridiculous 60-metre drop goal which left commentators in hysterics 5 DAYS AGO The time Waisale Serevi used his iconic hitch-kick to carve up Scotland in 2000 Great Tries 5 DAYS AGO Eye-opening compilation shows why Taulupe Faletau could harm Springboks this Summer 5 DAYS AGO The time Waisale Serevi used his iconic hitch-kick to carve up Scotland in 2000 1 WEEK AGO Veainu finishes superb try after octopus style offload from Waisea 2 WEEKS AGO FULL MATCH REPLAY: Huge stars on show when All Blacks host Pacific Island XV in 2004 2 WEEKS AGO WATCH: Hooker produces ridiculous speed to score 60-metre wonder try for Hurricanes View All Big Hits & Dirty Play 1 DAY AGO Awesome new Etzebeth montage will have Springboks fans psyched for Summer Lions tour 5 DAYS AGO Melbourne Rebels do their best to wreck Bryn Gatland 5 DAYS AGO Eye-opening compilation shows why Taulupe Faletau could harm Springboks this Summer 5 DAYS AGO Re-live O’Driscoll’s EPIC try-saving tackle in 2003 RWC quarter-final 1 WEEK AGO AWESOME video shows the very biggest and best tackles of the 2020/21 season View All See It To Believe It 4 DAYS AGO Cheetah racer Habana reveals what was actually going through his mind that day 4 DAYS AGO Lam’s explanation of bizarre situation that caused heated touchline argument 5 DAYS AGO François Steyn’s ridiculous 60-metre drop goal which left commentators in hysterics 5 DAYS AGO Re-live O’Driscoll’s EPIC try-saving tackle in 2003 RWC quarter-final 6 DAYS AGO HUGE controversy sees Borthwick call Pat Lam a liar during heated Prem clash View All Funnies 2 WEEKS AGO Joe Marler elated in special interview as fans return to The Stoop 2 WEEKS AGO WATCH: One of the luckiest and most bizarre tries you will EVER see 2 WEEKS AGO WATCH: Reds players caught out in hilarious celebration blooper vs Chiefs 2 WEEKS AGO WATCH: Faz, Piutau and Burns star in hilarious try fail compilation 4 WEEKS AGO MLR: Giltinis howler sees try overruled despite attempts to celebrate View All Amateur 32 WEEKS AGO Viral video of Scottish club brawl goes down a storm with rugby community 69 WEEKS AGO RUGBYDUMP BLITZ: This Best of the Week round up is sure to entertain you 69 WEEKS AGO RD BLITZ – Disaster, just when it looked so promising… 69 WEEKS AGO That glorious moment that will live on forever, like it or not 69 WEEKS AGO RD Blitz – PROP’S Lionel Messi wizardy creates incredible try View All Player Features 16 WEEKS AGO WATCH: Bumping off tacklers and taking high balls, Rob Kearney had an impressive Super Rugby debut 21 WEEKS AGO Brian Moore on money in modern rugby and how it should never be compared to ‘outlier’ football 22 WEEKS AGO Tuisova’s wrecking ball montage will make you grateful you never made it as a pro 28 WEEKS AGO New Zealand rugby pod admit Owen Farrell is world class 29 WEEKS AGO WATCH: Bath prop launches Amazon documentary focused on those from non-traditional backgrounds View All Related Content from the RugbyPass Network ‘What you do today is how you’re going to be remembered’: Spirit of Rugby – Ep 5 In Spirit of Rugby episode 5, Jim Hamilton talks Lions with Matt Dawson, Jeremy Guscott, Rob Kearney, Simon Shaw, Tom Croft and John Bentley. Watch: Reforging the Steelers | Episode 2 | RugbyPass Original Documentary In Episode 2 of Reforging the Steelers, we follow the team through rounds two to four as they try to get their season on track after an opening loss to competition powerhouses Tasman. Gavin Coombes grabs four tries as Munster easy to victory over Zebre Gavin Coombes scored four tries at Zebre as Munster secured second place in the northern section of the Guinness PRO14 Rainbow Cup. Leinster finish with Rainbow flourish as fans attend RDS for first time in 16 months Retiring duo Scott Fardy and Michael Bent bowed out on a winning note as Leinster finished the Rainbow Cup with a victory over Dragons. Final round of the Gallagher Premiership hit by a second match cancellation The final round of the Premiership lost the Worcester-Gloucester match on Tuesday and now Bristol versus London Irish is off. Crusaders player ratings vs Rebels | Super Rugby Trans-Tasman Which Crusaders stood out in their 26-point win over the Rebels in the final round of Super Rugby Trans-Tasman? Sonny Bill Williams debut for Toulon defies court order | RugbyDump – Rugby News & Videos RugbyDump Home RugbyDump Academy Store About Contact Legal Privacy Policy Cookie Policy Categories Latest Great Tries Big Hits & Dirty Play See It To Believe It Funnies Training Videos Player Features RugbyDump Home RugbyDump Academy Store About Contact Sitemap Categories Latest Great Tries Big Hits & Dirty Play See It To Believe It Funnies Training Videos Player Features Legal Privacy Policy Cookie Policy Sign In Username or Email Password Stay logged in Forgot password Thank you for registering Click here to login Register Register now for RugbyDump commenting & enewsletter. * Required fields. Username * Password * Email * Password Repeat * Please send me news, information and special offers from RugbyDump By clicking register you agree to our Privacy Policylast_img read more

Floating House / Hyunjoon Yoo Architects

first_imgPhotographs:  Seunghoon YumText description provided by the architects. Site The given land has beautiful scenery facing the Bukhan River in the north. In the meanwhile, lots of restaurants and motels are seen in the south and decadent neon signs are seen from here to here creating visual pollution. Client The clients are a couple in their fifties and sixties who run an elegant Korean restaurant which was built in a traditional Korean style. They wanted to build a house for them in the given land about five minutes away from the restaurant. They wanted to overlook the river from a high level, at the height of the third floor. His close Feng Shui specialist had advised them not to make a door facing east and not to let people live in the southwest. They wanted to have a study room, a barbeque place, and a guest house for their daughter’s family who sometimes visit them. They also wanted to make a big yard to play and jump about and a low-leveled swimming pool for their grandchildren. The wife wanted a design that gives a heavy and magnificent feeling. Save this picture!© Seunghoon YumRecommended ProductsDoorsLonghiDoor – HeadlineEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsWindowspanoramah!®ah!38 – FlexibilityDoorsRabel Aluminium SystemsMinimal Sliding Door – Rabel 62 Slim Super ThermalSpace Planning The house was located in the north as far as it can be for a big sunny yard in the south. The guest house was located in the south so that the restaurants and motels are not seen from the yard. The guest house was built as if it were the fence to be located as far as it can be in the south. It looks like it was put inside the thick fence. To view the river from the yard and the guest house, the main building was leveled up to be a piloti. The roof of the main building was made as a plain roof and there is a roof garden in which people can overlook the river from high level. As a result, the river is viewed from every part of the house. Save this picture!© Seunghoon YumTo make the house look as big as possible, a one meter wide balcony made of the same materials as the main building was built at its four sides. The regulation defines that a balcony with one meter width is not included in total floor area. By doing so, the interior looks as if it keeps expanding when it is seen from inside the building. Also, since all the buildings were lifted from the floor for one floor’s height, the pilotis space could be more expanded. Not to make the pilotis look big-headed like most piloti space with small and minimal columns, the columns were made thicker than necessary and a waterspout was installed inside to make the first floor look like a heavy rock. Black concrete was used for a magnificent style, creating the feeling of tiles used in traditional Korean-style houses. As a result, the house created an image which is similar to the Korean-style restaurant of the clients. Save this picture!© Seunghoon YumThe plan can be described as the “space within space.” The service space, such as a bathroom, a dress room, and a kitchen, was concentrated in the middle and compactly distributed, and a bedroom was placed in the east, a living room in the west, and a corridor in the outskirts. To make people in the house feel the space bigger than real, a circular traffic line was adopted instead of one main traffic line. The circular traffic line was made with a minimum width to differentiate the intensity of space, but the space does not look small because the traffic line extends to visually meet the terrace. Since the stairs that lead to the roof were made as if they were inserted to the second floor, the staircase does not protrude on the roof. The staircase itself plays a role as a well of light, transmitting light to the middle level of the house. Save this picture!© Seunghoon YumRelation Network Design Architecture is to design relationship. There are three kinds of relationships: physical relationship, visual relationship, and psychological relationship. “Physical relationship” is the relationship in which a person looks at an object and actually he/she can reach that. The example is space where a person can communicate with a gate, a corridor, a road, or a bridge. “Visual relationship” means the relationship in which a person can look at an object but he/she cannot reach that. When a person looks at the ground across the river that has no bridge, and he/she communicates with that place through a window from a place without door, it is the visual relationship. “Psychological relationship” is the relationship in which a person cannot go over or look at an object, but he/she knows that there is the object. When a person is in a place without a window and he/she knows that there is a room beyond the wall, it is the psychological relationship. Save this picture!© Seunghoon YumIn this house, these kinds of relationships were created through traditional “rooms,” such as living room, bedroom, roof, staircase, kitchen, or bathroom. For example, the study room and the kitchen were divided by a staircase but connected through a small window. The bathroom was connected to the sky through the window at the top and connected to the staircase that leads to the roof at the third floor through the window. Also, a person can look at the river through the study room while he/she is taking a shower or bath. In the living room, there are same-sized windows at the top and bottom to provide a wormhole-like feeling to the parallel structure. Through this mechanism, a visual relationship was formed at each floor. The windows and doors here and there were devised to create more various relationships in the simple mass-shaped house.Save this picture!© Seunghoon YumProject gallerySee allShow lessTaiwan Tower Competition Winner / DSBA, Mihai Carciun and upgrade.studioArticles60th AIA Seattle Honor Awards for Washington ArchitectureArticles Share ArchDaily ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/89701/floating-house-hyunjoon-yoo-architects Clipboard South Korea Floating House / Hyunjoon Yoo Architects Projects “COPY” CopyHouses•South Korea Save this picture!© Seunghoon Yum+ 31 Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/89701/floating-house-hyunjoon-yoo-architects Clipboard Architects: Hyunjoon Yoo Architects Area Area of this architecture project 2009 Houses “COPY” CopyAbout this officeHyunjoon Yoo ArchitectsOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesSouth KoreaPublished on November 19, 2010Cite: “Floating House / Hyunjoon Yoo Architects” 19 Nov 2010. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogHandshowerhansgroheHand ShowersVinyl Walls3MVinyl Finish- DI-NOC™ Glass FinishPartitionsSkyfoldIntegrating Operable Walls in a SpaceCommunications2NIntercom – 2N® IP VersoCurtain WallsIsland Exterior FabricatorsPace Gallery Envelope SystemMetal PanelsTrimoModular Metal Wall – Qbiss OneConcreteSika3D Concrete PrintingMetal PanelsLorin IndustriesAnodized Aluminum – Gun Metal Grey with Arconic Tectur-Al™GlassDip-TechCeramic Printing for Public TransportationBeams / PillarsBlumer LehmannTimber Construction in Cambridge MosquePorcelain StonewareCeramiche KeopeCeramic Tiles – 9Cento MosaicTiles / Mosaic / GresiteRakoFloor and Wall Tiles – Serie PiazzettaMore products »Read commentsSave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 Floating House / Hyunjoon Yoo ArchitectsSave this projectSaveFloating House / Hyunjoon Yoo Architects Photographs Area:  195 m² Year Completion year of this architecture project Year: last_img read more

Tagster.com offers pay-bar donation system

About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagster.com offers pay-bar donation system AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  17 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 21 June 2000 | News Advertisement Tagster is another pay-bar system which can be used to raise funds. Supporters are encouraged to download a small programme which will create a small pay-bar graphic at the bottom of their screen. This carries a sponsor’s logo, advertisements, and buttons that link to shopping malls. All of these generate income for participating charities. There is also a dollar sign button offering supporters the chance to donate online.Find out more from Tagster.com and read UK Fundraising’s list of other pay-bar donation systems, both US and UK. read more

$1 million award for healthcare innovations to reduce child deaths

first_img Research-based pharmaceutical and healthcare company GlaxoSmithKline (GSK) and Save the Children have together announced a new $1 million award to support innovation in healthcare across the developing world that can reduce child deaths.To be eligible for the Healthcare Innovation Award, organisations can come from the non-profit, private or public sector, but both the organisation and the innovation must come from the developing world. The innovation being nominated must have resulted in tangible improvements to under-5 child survival rates, be sustainable and have the potential to be scaled-up and replicated.The winning organisation will receive $250,000 to further progress its work. An additional $750,000 will be made available for runners-up awards. Advertisement Howard Lake | 27 June 2013 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The award judges will be co-chaired by Sir Andrew Witty, CEO of GSK, and Justin Forsyth, CEO of Save the Children, and will consist of experts from the fields of public health, science and academia.The Healthcare Innovation Award is the first joint initiative announced following the launch of an major new partnership between GSK and Save the Children which aims to save the lives of a million of the world’s poorest children.Sir Andrew Witty, CEO of GSK, said: “Often the best solutions to a particular challenge come from those living and working closest to it. We recognise this and we are committed to supporting those working in the world’s poorest countries to improve health outcomes. This award will identify the most effective ideas being put into practice in developing countries and, by providing much needed funding, will enable these innovations to be scaled-up to reduce childhood deaths and will inspire others in the process.”Applications or nominations for the Healthcare Innovation Award close on 25 August 2013 at 11:59pm (GMT). Winners will be announced in November 2013.  21 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. $1 million award for healthcare innovations to reduce child deathslast_img read more

Revolutionary youth group says: Mumia must live!

first_imgFIST at Philadelphia Mumia action in 2007.The life of revolutionary, journalist and political prisoner Mumia Abu-Jamal is in danger. We answer: Who is Mumia? Why is his life in danger? How do we free Mumia?Amongst the 2.5 million people incarcerated in the U.S. right now, one man, Mumia Abu-Jamal, has come to symbolize struggle against mass incarceration, racist police brutality and the struggle for Black liberation. Unfortunately, most young people probably do not know who he is. We need to change this.Mumia, revolutionary Mumia was born in a north Philadelphia housing project in 1954.  As a student at Benjamin Franklin High School, he led a walkout against racism in education and to rename the school after Malcolm X. By the age of 15, he had helped found the Black Panther Party for Self-Defense’s Philadelphia chapter. He immediately became the minister of information, responsible for writing flyers and creating popular media to build the party. The BPP’s militancy, discipline and strong political base in the Black community impacted millions of Black people, and especially Mumia.The Philadelphia police and the U.S. government viciously attacked the Panthers. Then-FBI Director J. Edgar Hoover said that “the Black Panther Party, without question, represents the greatest threat to internal security of the country,” and promised that the organization would not last past 1969. Yet it did survive for several more years, despite assassinations, spying, and constant disruptions and sabotage by the government.All of the government repression didn’t stop Mumia from continuing to speak truth to power. Mumia criticized racist Mayor (and former Police Commissioner) Frank Rizzo for his attacks on MOVE, a collective of Black revolutionaries in West Philadelphia. In 1978, Rizzo urged police to attack MOVE, leading to a shootout. Afterwards, the courts unjustly imprisoned nine members of MOVE.Mumia covered the police’s brutal attack on MOVE from the people’s perspective, causing him to lose his broadcast job. Needing to support his family, Mumia took to driving a cab two nights a week.On Dec. 9, 1981, Mumia was driving in Center City Philadelphia when he was shot and beaten by police. He was charged with the murder of police Officer Daniel Faulkner, while the real murderer escaped through the subway a block away. Despite a lack of evidence or due process, innocent Mumia was sentenced to death by racist Judge Albert Sabo on July 3, 1982.For the next thirty years, Mumia sat on death row in torturous solitary confinement. Yet through the power of his own voice, he has continued to serve as “the voice of the voiceless,” publishing seven books and recording “Live from Death Row” reports on Prison Radio. Mumia’s energy and life continue to inspire people fighting racism and police brutality across the world.The massive movement to free Mumia first saved his life in 1995, as hundreds of thousands poured out in the streets across the world to stop his execution. Due to the ongoing strength of the movement, Mumia’s death sentence was ruled unconstitutional in 2011. Yet he still sits in prison to this day, completely innocent.Due to the incredible strain and poor conditions facing prisoners, Mumia’s health has been consistently in danger. On March 30, Mumia was hospitalized due to health problems related to untreated diabetes. It is clear that the prison system, which failed to kill Mumia by execution, is now putting him on “slow death row” and attempting to kill him through medical neglect.The movement to free Mumia has escalated in response to this threat. The only way to guarantee Mumia’s health and wellbeing is to free him from the brutal prison system.The reason Mumia is still incarcerated is the corruption and racism of the Philadelphia police. These are the same police who shot more than 400 people between 2007 and 2013. As the fourth-largest U.S. police department, with more than 7,000 agents, they are a racist army occupying the U.S.’s poorest big city.Black lives matter! Let’s free Mumia!The fight to free Mumia is the fight against racism and oppression in Philadelphia and beyond. Mumia is a beacon of resistance to racism, capitalism and the U.S. military machine.Today we must continue this struggle and popularize Mumia. The only way to free Mumia is by building a movement of millions of people in the streets.Young people have the most reason to fight. The capitalist system offers us no future. “Occupy Wall Street” and “Black Lives Matter” have proved that young people are feeling rebellious and ready to fight back.“Fight Imperialism, Stand Together” (FIST) is a youth organization that has been supporting the fight for Mumia since we were founded in 2004. We will continue to fight alongside all of the other tremendous activists in this movement and its great leaders.For all of those who stand for freedom, justice and liberation, Mumia Abu-Jamal is our revolutionary hero. Let’s teach more young people about Mumia and let’s mobilize them to take action.On April 10, there will be an international day of action demanding #MumiaMustLive: No execution by medical neglect! More actions in cities across the country will be continuing to demand the freedom and safety of Mumia and for all political prisoners.Organizers on the ground are also asking the following:Call Philadelphia Department of Corrections Superintendent Wetzel at 717-728-4109 and Gov. Wolf at 717-787-2500 to demand that the DOC meet with supporters, friends and family of Mumia, and to demand immediate health care for Mumia along with a healthy diet to counter his diabetes. Also demand that they free Mumia!#MUMIAMUSTLIVE  #FREEMUMIAFacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Messages to build a workers’ world

first_imgFollowing are brief excerpts from some of the messages with greetings of solidarity and proletarian internationalism from around the world and the U.S.KOREA: Workers Party of the DPRKThe Central Committee of the Workers’ Party of Korea warmly congratulates you on the National Conference of the Workers World Party of the United States and, through the Conference, extends warm comradely greetings to the National Committee and all members of your Party.We are convinced that the current National Conference will serve as a meaningful occasion in your Party’s struggle to expand and strengthen its rank and file, safeguard the rights of the working class and other oppressed people and disrupt and destroy the intervention and aggression of the imperialists.Believing that the relations between our two Parties will continue to develop and strengthen in the future, too, we take this opportunity to sincerely wish your party great successes in its National Conference.Central CommitteeWorkers’ Party of KoreaBANGLADESH: Socialist PartyWorkers World Party is a revolutionary party working in the fortress of world capitalism-imperialism. People from all over the globe keep an eye on the development of the revolutionary struggle there. It is a great hope and pleasure for us to know that hundreds of revolutionary fighters and activists will be gathering on Nov. 7 and 8 in New York for a National Conference of Workers World Party.As a fraternal party this conference will stimulate the development of our struggle here in Bangladesh and also the people engaged in heroic resistance against all reactionary forces all over the world.With revolutionary greetings,KhalequzzamanGeneral Secretary, Central CommitteeSocialist Party of Bangladesh-SPBCOLOMBIA: FARC Peace Delegation (video transcription)The women and men guerrillas of the Peace Delegation salute with our hearts and our minds the conference of Workers World Party, which is a bulwark of the struggle within the United States to construct socialism, the only alternative for peace with social justice, dignity and sovereignty.The crisis continues to strike at humanity. Those who have always appropriated resources and production remain insatiable. They care little about the planet, and their interests put that planet at risk. Neither do they worry about the fate of billions of human beings who live in misery as a product of their exploitation and the hundreds of millions who are dying from hunger and thirst. Each day they are fewer, and the concentration of wealth is greater.Thus it is impossible to decrease the vast gap between them and the majority of people in poverty or those on the way to poverty. Only a revolutionary transformation of society can resolve this situation.Despite all they tell us, the class struggle remains the locomotive of history. And our duty is to deepen it through educating, organizing and raising consciousness as the only road toward the goal of liberation. We leave no room for discouragement and despair. We instead raise the banner of dignity and we build the future that we deserve.The revolution continues to be our goal as an organization. The peace that we aim to reach in Havana, Cuba, will allow us to continue working toward a final accord that will end the confrontation and we will advance toward that at the table of negotiations.The people of the world are confronting a powerful enemy. Only the powerful bonds of our unity and our solidarity will allow us [to be] victorious.From the peace negotiating team of the FARC in Havana, Cuba PHILIPPINES: Communist Party of the PhilippinesWe extend a militant salute for your many achievements and perseverance in militant grassroots struggles among the workers, youth, women, minorities, prisoners, and veterans of various nationalities and gender in the United States, as well as your resounding national campaigns and principled alliances. In the international front, we appreciate your consistent stand and concrete efforts to support the struggles of oppressed peoples in the various parts of the world, for their right to self-determination and other democratic rights.As a former direct colony and currently a semi-colony of U.S. imperialism, the Philippines and its people are resolutely carrying forward their struggle for national and social liberation from foreign and feudal rule imposed through an increasingly fascist state. Under the leadership of the Communist Party of the Philippines, the revolutionary forces of the Filipino people are now operating in 71 out of the 81 provinces of the country, with Red political power in the guerrilla fronts. In the national urban center and smaller cities, a legal democratic movement of a united-front character with the working class at the core is fighting against imperialist, big-comprador and bureaucrat-capitalist impositions and for concrete socioeconomic and political gains of the people.Our common struggle against imperialism and other forms of class oppression requires our organizations to build solidarity ties at various levels. May these links and cooperation grow stronger.International Department PALESTINE: Popular Front for the Liberation of PalestineWe have always known of the Workers World Party as a revolutionary party struggling in the heart of imperialism for liberation, against war and exploitation, and for socialism. In particular, the Workers World Party has for many decades been a strong and committed friend, supporter and partner in … the Palestinian people’s struggle for national liberation and return.Today in Palestine a new uprising, a new intifada, is burning in our streets. The Palestinian people and in particular our youth are rising up, refusing to accept genocide, ethnic cleansing, land confiscation, home demolitions and settler colonialism: the program of Zionism and its strategic partner, U.S. imperialism, for our people. This intifada is determined to sweep aside and defeat occupation, to confront Zionism and imperialism.In Palestine, we confront the same enemy that the Black liberation movement confronts on the streets of U.S. cities. We confront the same enemy as workers rising up in the centers of imperialism and in the oppressed nations. Together, we are determined to fight our common enemies, to defeat Zionism and imperialism — and the racist capitalist system that drives them — and struggle for true justice, for liberation, for socialism.PFLPPUERTO RICO: UTIER (an organizer of the upcoming general strike)Puerto Rico, the smallest of the Greater Antilles in the Caribbean, is a victim of two evils that go together: colonialism and the capitalist economic model. As a people, we have suffered from the savage colonialism of the Spanish empire. Our heroes, led by Ramón Emeterio Betances, identified the path of social struggle for freedom. Already in 1868, we demanded the abolition of slavery to bring about the freedom of the country.In the beginning of the 20th century, U.S. imperialism took the island as spoils of war, right up to the present. They criminalized our liberation movement led by Pedro Albizu Campos in the decades of 1930 to 1950. They repressed and divided the class-conscious labor movement that was in favor of independence and socialist ideals.Today, the colony is laid bare. Its capitalist model, based on a tax haven for foreign corporations and on public and private debt, is in the process of collapsing. The class-conscious sectors of the labor movement and the political movement denounce to the world the failure of capitalism in Puerto Rico and in the world.We cannot fail to include, in every space, our demand to release Puerto Rican political prisoner Oscar López Rivera, a fighter for social justice and equality in favor of the working class and the freedom of his homeland.Long live the working class! Long live the solidarity of the peoples!Luis Pedraza LeducSpokesperson of the Labor Coordinating Committee of Puerto RicoNOVOROSSIYA: Volunteer Communist Detachment of the Ghost Brigade The soldiers of the Communist Detachment of the Ghost Brigade of Alexei Mozgovoi send you warmest greetings from the front, where we are continuing our struggle against resurgent European neo-Nazism. We are confident that the global solidarity of working people is a prerequisite for the further development of human civilization and the transition from the capitalist consumer society to building a socialist society. The October Revolution was the first step in this long and difficult road, but we must not stop there! Know that your brothers and sisters in Russia and Novorossiya share your desire to build a new, more just society. Good luck in your fight! Long live the revolution! Long live the universal fraternity of workers!PUERTO RICO: Socialist Front The Socialist Front of Puerto Rico, an organization fighting for socialism and independence in Puerto Rico, thanks you for the opportunity to address the National Conference of Workers World, an organization always in solidarity with Puerto Rican socialists.We welcome the contributions of WW to the struggle of socialists in the U.S. and in their daily struggle for the emancipation of the working class. We agree totally that none of the cyclical crises of capitalism can be overcome through reformist policies and that only socialism frees the workers.Long live proletarian internationalism!For the Steering Committee of the Socialist Front of Puerto Rico,Jorge Enriquez, coordinator of International RelationsCUBA: Cuban Association of the United NationsThe Cuban Association of the United Nations, founded in 1947 under the principles of the United Nations Charter and embracing solidarity as a necessary and important link for the union among the peoples, extends its fraternal greetings to delegates and wishes them every success in their struggle against the foundations of capitalism that oppresses and exploits workers, and welcomes the solidarity campaigns they extend to just causes in the world and their work to bring awareness and training to unite the working class, students, peasants and intellectuals committed to the destiny of our peoples and to world peace.Our Association especially thanks once again Workers World Party/Mundo Obrero for its unconditional solidarity with the Cuban people in their struggle against the economic, financial and commercial blockade imposed by the government of the United States against Cuba for over 50 years and for the support it is given for our people to win back the Cuban territory illegally occupied by the Guantanamo Naval Base.Fraternally,Soraya Alvarez NuñezGeneral DirectorSPAIN: Red Network Truly conditions become more pressing each day. Imperialism’s aggressiveness grows daily and the need to resist opens the way for us to reach more and more sectors of the working class and our peoples. You should have no doubt, even in the hardest moments, when the enemy appears huge and our forces very small, that for us in the Spanish state and for all peoples of the world, your struggle in the U.S. is essential. Now, when we celebrate the 40th anniversary of the victory of the people of Vietnam against the bloodiest imperialism, we have no right to doubt that struggle is the only way forward, as long as we have burned into our minds and our hearts the motto of the Vietcong: “We are determined to win.”Ángeles Maestro, Red NetworkVENEZUELA: Communist Party (PCV)For our Central Committee of the Communist Party of Venezuela, the deepening the general crisis of the capitalist mode of production in its imperialist stage dialectically exacerbates the fundamental contradiction between capital and labor: between the ever increasing socialization of production and the individual appropriation by the imperialists’ trust and, generally, by the monopoly bourgeoisie, of what is produced.This contradiction is resolved by the defeat of the “national” bourgeoisie — which lives in conditions of dependence and subordination to U.S.-European imperialism — and the conquest of political power by the working class and the working people of city and countryside, deepening the process of national liberation and continental unity and the construction of socialism, in the initial stage of the communist mode of production.Under this difficult stage of struggle, only the broadest unity of the workers of the city and countryside in the world will allow organizing of the proletarian army needed to give the final blow to the capitalist system in the perspective of building socialism. Long live Socialism!Long live proletarian internationalism!Long live the Workers World Party Conference!Carolus Wimmer, International Relations Secretary of the Communist Party of VenezuelaINDIA: Socialist Unity Centre of India (Communist)Iraq is devastated and the country is now bleeding from civil war, with ISIS on the rampage. NATO-U.S. military intervention has transformed Libya into a state of anarchy. The theatre of war is now extended to Syria, with the U.S. openly instigating civil war by lending armed support to the rebels. It is militarily threatening North Korea on the issue of nuclear weapons. In all corners of the globe the U.S. nakedly displays its strong-arm tactics and bullying. To counter Russia and China, the U.S. is building up not only economic alliances, but also military alliances with Japan, Australia and India, which is itself an imperialist power. Your National Conference has rightly chosen as its theme, “Putting Socialist Revolution on the Table.” Ruthless exploitation leading to pauperization of the masses and the consequent squeezing of the market has brought capitalism to a dead end with no escape from the crisis. As Marxism teaches, the only solution is a revolutionary overthrow of the oppressive and exploitative system and replacement of the capitalist production relations by socialist production relations. Provash Ghosh, General Secretary, SUCI(C)DENMARK: Danish Communist PartyDear comrades!The number of working poor in Denmark is on the rise in these years of the capitalist crisis. This is the result of major cutbacks on all social benefits and it is a declared policy of the EU and the bosses.Denmark has, as NATO member, been in more or less constant war through the last 16 years, and lately Danish F16 jets have been bombing Iraq and the government is now suggesting they will bomb in Syria. Next year one of our focus points will be a campaign against imperialism, NATO and war.Last, thank you for Workers World newspaper. It has been a priceless source of information and analysis for our own daily newspaper.Long live international solidarity!Danish Communist Party (KP)GALICIA (Spanish state): Galician People’s Union (UPG)We are at a difficult time as there is an offensive of imperialism at all levels — ideological, political, economic and military — with the goal of eliminating all dissent and of controlling the planet so that they can continue to exploit all the peoples and laboring classes.We know of your struggle in the heart of the empire.From Galicia, at a time when the struggle for the sovereignty of our people and the road to socialism is facing new opponents that, under the guise of presenting “new politics,” are really becoming a new version of social democracy, we send our internationalist embrace. Duarte Correa PiñeiroSecretary for International RelationsCentral Committee of the Galizan People’s Union (UPG)PANAMÁ: Citizen’s Pole We are certain the National Conference will address issues of concern to the working class of all countries at the moment: the effects of the exit-less crisis of international capitalism on the living standards of the working classes; trade agreements, such as the recently formalized Trans-Pacific Partnership and the TTIP [Transatlantic Trade and Investment Partnership] negotiated in secret between the U.S. government and Europe to increase the exploitation of our peoples; the military escalation in the Middle East and the support given ISIS terrorists by the most reactionary allies of the White House; the migration crisis that affects all of humanity, both in this American continent and the Middle East, Africa and Europe; the urgency of lifting the economic blockade of Cuba; and support for the peace talks in Colombia.In Panama we wait expectantly for the resolutions of your National Conference!Citizen’s Pole, PanamaLATIN AMERICA: Continental Bolivarian MovementWe wish the greatest success to the National Conference of the Workers World/Mundo Obrero to be held on Nov. 7-8.We share your determination to put the socialist revolution on the table at a time when world capitalism, whose center is the U.S., shows a prolonged and chronic crisis of decadence.We are part of the same revolutionary and internationalist family.From Our America in struggle, we join and embrace all your participants as representatives of the militant vanguard of American working people.Forward forever!Patria Grande and Socialism!Another socialist world is possible!Collective Presidency and Executive Leadership of the Continental Bolivarian Movement (MCB)ITALY: John Gilbert, union organizer of the FLC-CGIL in FlorenceFor decades your party has undertaken a fundamental role in the analysis from a clear class perspective of the struggle for peace and social justice in the United States and the world, contributing to countless mobilizations and providing essential counter-information at home and abroad. Best wishes from the FLC-CGIL trade union in Florence, Italy, and may your conference represent a step closer to the creation of a militant and unified socialist left in North America!A closed-fist salute,John GilbertTHE HERALD GROUP, CUBAAt present, the capitalist class that holds power in the United States is preparing a new farce they call the elections.They are not free elections, but fully controlled ones, where only the parties representing the interests of that class can compete on a national level.It is a farce aimed at deceiving the people of the United States and the world.The capitalists have control when in fact it should be the workers who have it, as they are the ones who create what is necessary for human beings to stay alive.Forward, comrades of Workers World, the future will be ours!Dr. Néstor García IturbePublisherThe Herald GroupMEXICO: Electrical Workers Union (SME)We Mexican electrical workers during six long years fighting for the recovery of our source of work, we know that the disaster and humanitarian crisis created by capitalism has no solution from the capitalist system itself.In our particular case, we have suffered all the brutality of the system and their governments. As a union we were persecuted, stigmatized, repressed, jailed and victimized by the criminalization of the means of communication faithful to the system.Therefore we are happy to greet comrades who intend to transform this reality. We believe that the liberation of workers is the work of the workers themselves, and it is therefore a vitally important event as the National Conference of the Workers World Party where we can find and define lines of action for the liberation of the working class.Jose Humberto Montes de Oca MoonForeign SecretaryMexican Electricians UnionIRAN: Solidarity IranComrades, brothers and sisters gathered in the National Conference of the Workers World Party,This is a statement by Solidarity Iran, SI campaign, to congratulate you for convening your party’s National Conference at a time of growing worldwide resistance against imperialist aggressions abroad and social/economic hardships resulting from the deepening capitalist crisis. Witnessing the ruthlessness of the capitalist ruling classes evidenced in hunger, extreme poverty, malnutrition and homelessness of tens of millions of people all around the world and specially among the oppressed nations, and the death of hundreds of thousands of innocent people in the imperialist proxy wars in Syria, Yemen, Iraq, Afghanistan, Palestine and elsewhere, we see no solution in facing such atrocities except organizing resistance movements which could mobilize and bring to power the oppressed, a force that constitutes 99 percent of the world population. This is what revolutionary organizations like Workers World Party are currently doing, and that is why we congratulate you.We use this opportunity to express also our appreciation for activities of the Workers World Party and its affiliated organization, the International Action Center, in solidarity with just struggles of the Iranian people. Keep up the good works. United, we shall succeed.In solidarity,Abdolhamid ShahrabiSolidarity Iran, SI Co-founder and CoordinatorBRAZIL: Free Homeland PartyFrom Brazil we send a combative embrace and wish that the Conference being held has all the success that the North American people require and deserve.We know that your struggle is key for all of us. And we also know that the defeat of the most harmful and criminal empire that humanity has suffered, will come from our united struggle, united and in solidarity.Long live Workers World!Long live the friendship between Workers World and the Free Homeland Party of Brazil!For a world without empires and exploitation!Free Homeland Party of BrazilPORTUGAL: Resistir.infoIt’s not easy to be anti-imperialist for those inhabiting the belly of the beast. Therefore we welcome with respect and admiration the heroic work of Workers World Party.Thus Resistir.info, a Portuguese and internationalist website, has translated and published articles written by WWP leaders, with whom we stand in solidarity.At a time when the general and systemic crisis of capitalism deepens, with its tragic consequences, it is more important than ever to maintain a lucid vision of reality as it is. The weapons of misinformation are the most dangerous, as they sow confusion among the people. We know that WWP fights heroically against this alienating situation, despite having few resources. The United States and the world need parties like WWP.Jorge Figueiredo, resistir.info editorVirginia DefendersHere in the United States, the center of world imperialism, those who consider themselves progressive activists on domestic issues must also be internationalists, ready to give all possible support to our sisters and brothers who struggle in other lands. Workers World Party has long distinguished itself in this respect, extending solidarity to the struggling working class everywhere, often bucking the tide of neoliberal support for imperialist policies.Here in Richmond, Va., the former capital of the slavery-defending Confederacy, the Defenders have been engaged in a 13-year struggle to reclaim and properly memorialize the section of the city known as Shockoe Bottom, once the epicenter of the U.S. domestic slave trade. We would like to extend our gratitude to your party for allowing us to tell the stories of these struggles in the pages of Workers World newspaper, and also to the United National Antiwar Coalition.Ana Edwards, Chair, Sacred Ground Historical Reclamation Project www.SacredGroundProject.netPhil Wilayto, Editor, The Virginia Defender www.DefendersFJE.blogspot.comKentucky Workers LeagueThe Central Committee of Kentucky Workers League extends warm fraternal greetings to Workers World Party on the occasion of its 2015 national conference.As an organization comprised primarily of young people, we live the reality of low-wage capitalism every day. Our wages are stolen, our hours are cut, and we are fired or evicted at the whim of bosses and landlords. It has never been clearer that capitalism serves neither our interests nor the interests of the vast majority of humanity.We are deeply grateful to know that Workers World comrades stand shoulder to shoulder with us in the struggle to build a better world. Long live the workers’ struggle! Organize the unorganized!KWL Central CommitteeLexington, Ky.United National Anti-war Coalition (UNAC)I personally have learned a lot from working with your comrades, especially about the need to focus our attention clearly on U.S. imperialism. We are in a very dangerous period, as imperialist forces and their proxies are on an all-out offensive against any country that stands in the way of their continued expansion and domination. This has led to direct confrontation with both Russia and China in a way that we have not seen since the height of the Cold War. They have also not held back from their attacks on their class enemy at home, which has meant vicious attacks on Black and immigrant communities and on all working people.Despite this reality, we have good reason to be optimistic. We know much of their actions are done out of desperation as world capitalism finds itself in great crisis and the only way to maintain profits and expand is to attack working people at home and abroad. We are also optimistic when we see that the true nature of capitalism is being exposed to millions as never before. On this 98th anniversary of the Russian Revolution, as you are holding this important conference, I know you will make strides towards that ultimate revolution that we are all hoping for. In solidarity, Joe Lombardo, Co-coordinator, UNACFacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

FHA Proposes Enhancements to HECM Program

first_img Demand Propels Home Prices Upward 2 days ago Share Save FHA Proposes Enhancements to HECM Program The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / FHA Proposes Enhancements to HECM Program Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago 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. Tagged with: Federal Housing Administration FHA HECM Reverse Mortgages Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Federal Housing Administration FHA HECM Reverse Mortgages 2016-05-18 Brian Honea Subscribe  Print This Post In order to strengthen its Home Equity Conversion Mortgage (HECM) program and offer protections to seniors who want to age out in their homes, the Federal Housing Administration (FHA) announced on Wednesday it has proposed a new rule.FHA has implemented several reforms to improve the HECM program since the Housing and Economic Recovery Act of 2008 and the Reverse Mortgage Stabilization Act of 2013. One of those changes, implemented in June 2015, helps surviving non-borrowing spouses avoid foreclosure and stay in their home after the death of the borrowing spouse. Other reforms include limited initial withdrawals to ensure financial stability of the program; required financial assessments for HECM borrowers to determine if their reverse mortgage is sustainable in the long-term; and strengthening prohibitions against deceptive advertising of HECM programs.“We’ve gone to great lengths to protect seniors and ensure they can remain in their homes where they’ve raised families and where they hope to live out their days,” said Ed Golding, Principal Deputy Assistant Secretary for HUD. “As we grow older as a nation, we have a responsibility to ensure reverse mortgages remain a safe, secure, and sustainable financial option for future generations of senior homeowners.”The changes proposed on Wednesday to the HECM program will reinforce some of the previous reforms as well as adding new consumer protections to help senior borrowers. Those changes include: requiring HECM counseling before a contract is signed; requiring lenders to fully disclose all HECM loan features; requiring lenders to pay mortgage insurance premiums until the HECM is either paid in full, foreclosed on, or a deed-in-lieu of foreclosure is executed instead of until when the mortgage contract is terminated; and creating a cash for keys program which encourages borrowers to gracefully exit the property by completing a deed-in-lieu instead of through an arduous foreclosure process.Click here to read the proposed rule. in Daily Dose, Featured, Government, News May 18, 2016 1,448 Views Previous: Housing Forecasts Stay Calm Through Economic Storm Next: Subcommittee: Arbitration Ban Raises Costs for Consumers Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Related Articleslast_img read more

Man apologizes as he’s sentenced to life in prison for Mackenzie Lueck slaying

first_imgMarilyn Nieves/iStockBy EMILY SHAPIRO, ABC News(SALT LAKE CITY) — A Utah man was sentenced Friday to life in prison without the possibility of parole after pleading guilty to the killing of University of Utah student Mackenzie Lueck.Ayoola Ajayi addressed the court to offer an apology for Lueck’s June 2019 slaying. The victim and her killer met on a “sugar daddy” dating website, according to Ajayi’s lawyer.“I’m sorry for what I did,” Ajayi said, according to The Salt Lake Tribune. “I know this won’t bring her back.”Salt Lake County District Attorney Sim Gill told ABC News after court, “I’m glad that he said that he was sorry. Do I believe that he was sorry? No, I don’t.”Gill called Ajayi a “manipulator,” who was “cold and calculated enough to not see the humanity and dignity of the person in front of him.”Lueck’s parents also spoke in court, reflecting on how Lueck, a 23-year-old kinesiology major, was about to graduate from college with her whole life ahead of her. But now they’ll never see her get married or have children, the Tribune reported.Gill called the Lueck family “incredibly good people who had a terrible, heinous reality thrust upon their lives.”“All we can hope is to give them an opportunity to move forward … with the knowledge that this person will never ever see freedom again,” Gill said.In June 2019, after connecting on the dating website, Lueck and Ajayi met up at a park. They then went to Ajayi’s Salt Lake City home where he killed her and buried her in his yard, Ajayi’s lawyer Neal Hamilton has said, according to The Associated Press.After police came to question Ajayi, he moved her body to Logan Canyon, over 80 miles north of Salt Lake City.In July 2019, Lueck’s charred remains were found in a shallow grave in Logan Canyon. Her arms were bound behind her back by a zip tie and rope, prosecutors said.There was no motive, according to the district attorney.“Some people have a profit motive, anger or whatever. There isn’t one here other than murder for murder’s sake,” Gill said.Earlier this month, Ajayi pleaded guilty to aggravated murder and desecration of a human body. As part of the plea agreement, he’ll spend his life in prison without the possibility of parole, prosecutors said. Ajayi also pleaded guilty to forcible sex abuse in a separate case, prosecutors said.Copyright © 2020, ABC Audio. All rights reserved.last_img read more

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