Aug 17 2019

eTB finalising office move Friday

first_imgSource = e-Travel Blackboard: P.T e-Travel Blackboard will not be releasing eTB Australia or eTB Asia on Friday 17 August, 2012. As part of the final stage of office relocations, eTB News will be offline tomorrow. From Monday 20 August, all publications will return to regular distribution. The team at eTB News apologise for this interruption and any inconvenience caused. We wish to thank everyone for their understanding during this busy period. We look forward to bringing you Travel News, Your Way from our new location next week. For any inquiries, contact eTB News directly on +61 411 474 382. Don’t forget to visit our Facebook page, Twitter feed and OBrochure.The team at eTB News.last_img read more

Aug 17 2019

Australian accommodation industries unite

first_imgSource = e-Travel Blackboard: P.T. AAA, CRVA partnership strengthens industry’s influence. The Accommodation Association of Australia (AAA) and the Caravan, RV Accommodation Industry of Australia (CRVA) entered a partnership agreement, representing an enhanced and united industry voice.Through this cooperation, CRVA contributors and supporters will gain access to workplace relations support via a sector membership package.“This is another example of how partnering with like-minded associations such as the CRVA will ensure that our message is strong and our members are getting maximum value from their membership,” AAA chief executive Richard Munro said.“This positive relationship will harmonise important accommodation messages to Government and strengthen lobbying efforts of the whole accommodation industry,” CRVA chief executive Stuart Lamont said.The AAA partnered with the Victorian Tourism Industry Council and the Caravan and Camping Industry Association of New South Wales in July of last year.last_img read more

Aug 17 2019

Australian cruising phenomenal growth

first_imgBrazil 26.1% “Such phenomenal growth in this market has given Australian and New Zealand travellers access to exceptional choice in terms of cruise lines, ships itineraries and onboard features,” Ms Sherry said. 8.1% CLIA’s statistics also confirm that cruising continues to grow worldwide with passenger numbers for 2013 estimated at 21.3 million and forecast to increase to 21.7 million this year. Carnival Australia CEO Ann Sherry has welcomed CLIA’s latest international ‘State of the Cruise’ update which has highlighted the phenomenal growth of Australian cruising with an increase of 130 per cent in passenger numbers over the past five years. The top five markets in passenger growth over the past five years are Scandinavia/Finland (184.6%), Australia (130.3%), Brazil (84.8%), Germany (80.5%) and France (67.7%). UK/Ireland 860,000 760,000 US 732,000 3.4% 80.5% According to the CLIA ‘State of the Cruise’ update, its member cruise lines are planning to introduce 24 new ships in 2014-2015 increasing total passenger capacity to more than 37,500. 11,016,000 16.4% Source = Carnival Australia 4% 1.3% According to the report from Cruise Lines International Association – the world’s largest cruise industry trade association – Australia ranks second in the world’s top five cruise markets in terms of passenger growth. 1,637,000 Global Passenger Share 350,000 7.7% Italy 130.3% Germany 520,000 Scandinavia/Finland 184.6% 2.8% 3.6% 1,719,000 2.4% 734,000 3.4% Canada Carnival Australia accounts for around 80 per cent of the local cruise market in operating or representing seven iconic cruise brands — P&O Cruises Australia, Princess Cruises, Carnival Cruise Lines, Cunard, P&O Cruises World Cruising, Holland America Line and Seabourn. Ms Sherry said Australia’s cruise industry expansion and its high ranking in the top five international   growth markets was a further sign of the dynamic nature of cruising in this region and Carnival Australia’s leadership of the local industry based on 80 years of cruising. 67.7% 84.8% 15.1% 600,000 1.6% 20.7% France “Cruising here has something to offer every market segment with locally or seasonally based ships plus international ships visiting during the height of the summer cruise season.” Spain Five Year %Change 51.7% Country 2013 Passengers Australia Global Passenger Growthlast_img read more

Aug 17 2019

Have a once in a life time New Zealand experience twice

first_imgSource = Tourism New Zealand Have a once in a life time New Zealand experience, twiceEver looked at one of your travel snaps and thought: “Take me back”? Tourism New Zealand launches a new social media campaign #NZMustDo.Now travellers who have had an unforgettable experience in New Zealand have the chance to do exactly that – and to take a friend along to relive the moment.It might be that time you saw the sun rise from a hot air balloon gliding silently above Hawke’s Bay, your first sip of pinot noir after following a cycle trail in Central Otago, or paddling your kayak through the pristine waters of Milford Sound.Whatever your “must do” New Zealand experience, all you need to do is share a captioned photo of it on Facebook, Instagram or Twitter with the hashtag #NZMustDo and tag the person you’d love to do it again with for a chance to win a holiday for two to New Zealand.The prize includes two return international airfares flying Air New Zealand and seven nights’ accommodation, activities and transfers.Tourism New Zealand Director of Marketing Andrew Fraser says the competition has been created in response to the success of hash tag #NZMustDo which has seen more than 50,000 photos published to Instagram alone in the last year.“There are so many things to see and do in New Zealand that visitors want to share with their friends,” says Fraser, “And we hope that this competition will prompt current and previous travellers to share their most memorable experiences too.”Fraser says word of mouth remains the number one factor in travel decision-making and, according to figures from Facebook, up to 50 per cent of people say they were inspired to visit a destination after seeing a friend’s photo on the social networking site.Tourism New Zealand will short-list 10 finalists for the #NZMustDo competition and its Facebook fans will vote on the winner, which will be announced in June.Forget the time machine. Travellers who have had an unforgettable experience in New Zealand can now go back and relive it – and take a friend along for the ride.last_img read more

Aug 17 2019

MSC Seaside the ship that follows the sun

first_imgMSC Seaside, the ship that follows the sunMSC Cruises, the world’s largest privately-owned global cruise line and market leader in the Mediterranean, along with industry-leading shipyard Fincantieri, today cut the first steel for its new generation of ships: MSC Seaside.In a ceremony held at Fincantieri’s Monfalcone shipyard, MSC Cruises’ Executive Chairman, Pierfrancesco Vago, and Chief Executive Officer, Gianni Onorato, along with Fincantieri’s Chief Executive Officer, Giuseppe Bono, launched the cutting of the first steel of MSC Seaside.“Today, we have witnessed the beginning of the work on an extraordinary new ship: MSC Seaside. It is a ship that revolutionises industry standards with an audacious and innovative design that brings guests and the sea closer. It is also testament to MSC Cruises’ constant focus on innovation as it is the fifth prototype ship we have designed,” said Pierfrancesco Vago, MSC Cruises’ Executive Chairman.“Moreover, MSC Seaside represents a key pillar in a €5.1 billion euro, seven-ship investment plan that will double our capacity by 2022. It also steps up our investment in the industry and marks our return to partnership with Fincantieri, which is something that makes me particularly proud. In fact, the building of the new Seaside ships as well as our other current project with Fincantieri – the €200 million Renaissance Programme – is just one example of how a global organisation like MSC plays a key role in the cruise industry”.Giuseppe Bono, CEO of Fincantieri, said: “This ceremony is unique for our Group and the Monfalcone shipyard. MSC Seaside will be the biggest ship ever built in our shipyards. In MSC Seaside, we have developed a brand new and highly ambitious project that we look forward to building. In two years’ time we will celebrate, with MSC Cruises, a magnificent ship of which we will all be deeply proud.”MSC Seaside will be based year-round in Miami to sail a wide range of Caribbean itineraries. In addition, MSC Cruises’ Miami-based cruise operations will benefit from a newly renovated and expanded dedicated berth and terminal at PortMiami, signifying the Company’s strong ambitions in the North American market and to providing guests with a best-in-class quality of services. Book MSC Cruises Source = MSC Cruiseslast_img read more

Aug 17 2019

Be part of Canadas momentous 150th Anniversary celebrations in 2017 w

first_imgCanada Calling! Be part of Canada’s momentous 150th Anniversary celebrations in 2017 with Collette – a once in a lifetime opportunityBe part of Canada’s momentous 150th Anniversary celebrations in 2017 with ColletteThe world’s second largest country is celebrating its sesquicentennial with a year-long party so it’s the perfect time to visit our Canadian friends. Rated number 1 in Lonely Planet’s “Best in Travel 2017, Top Countries – 10 Destinations You Cannot Afford to Miss”, Canada has it all – diverse culture, unique art, amazing food and an awe-inspiring landscape that ranges from breathtaking mountains, shimmering glaciers, lush rainforests and remote beaches, spread across six time zones. Add to that polar bears, grizzly bears, whales and, the all-time favourite, moose and it’s easy to understand this stellar rating!Leading global tour operator Collette offers a choice of adventures to explore Canada and the chance to participate in some spectacular and inspiring 150th Anniversary festivities. Collette’s current North American tour sale offers a lead-in price of $2,299pp which includes savings of $200pp on bookings made by 28 February 2017 for the following tours, which could be selected to coincide with events marking the 150th Anniversary of Confederation:Maritime Coastal WondersCanadian Rockies by TrainNewfoundland & Labrador DiscoveryCharming French CanadaThe Best of Eastern CanadaCanada’s Winter WonderlandCanada’s Winter Wonderland featuring Ice Magic FestivalCollette has an impressive and diverse suite of tours so the traveller can discover Canada’s unique attractions and be part of this history-making occurrence. From local and community events to national celebrations, there are plenty of ways to get involved. Celebrations incorporate cultural, musical, culinary and sporting events in every province and territory.  The biggest Canada Day celebrations the country has ever seen will take place on 1 July and will feature a full weekend of events in Canada’s Capital Region.Other powerful and moving ceremonies will be held on Aboriginal Day on 21 June, Saint-Jean-Baptiste Day with the colourful Fête Nationale du Québec et de la Francophonie Canadienne being held on 24 June, followed by Canadian Multiculturalism Day on 27 June. And in addition to all of this, Parks Canada is offering free admission to all national parks, national marine conservation areas and 168 national historic sites for the entire year.Canada is experiencing strong growth in visitor numbers, particularly from Australia with arrivals increasing by 42% in 2016 over the previous year, making us Canada’s sixth largest market globally. This surge was aided by increased frequency of air services and very competitive airfares.“Collette’s outstanding range of Canadian tours, which includes three exciting newly introduced tours, offers the perfect way to experience this incredible country while taking advantage of sale prices. We are also fortunate that our Senior Vice President of Global Business, Christian Leibl-Cote, is a Canadian whose local knowledge of products and attractions has been invaluable,” said Alison Mead, Australian General Manager, Collette.Canada is an all year round destination which appeals to Australians’ sense of adventure, offering a plethora of outdoor activities from skiing or snowboarding Whistler’s mountains, surfing Nova Scotia’s swells or kayaking the white-frothed South Nahanni River in the Northwest Territories. There are gentler options too, such as strolling Vancouver’s Stanley Park or swimming off Prince Edward Island’s pink-sand beaches.Highlights of Collette tours include the spectacular lighthouse route in Nova Scotia, a timeless rail journey past coastal forests, roaring rivers, and the glorious snow-capped peaks of the Rockies, the eclectic street art of Montreal, the wide-open urban spaces of Vancouver, the international vibe of Montreal and Quebec City with their European-influenced charm, and the Hopewell Rocks of New Brunswick.For details of the full tours or to book a trip:Contact your local travel agentCall Collette on 1300 792 195 or visit www.gocollette.comPrivate Chauffeur ServiceCollette’s private chauffeur service is included on all Collette tours for customers within 40km of an Australian international airport. as are tips for the land portion of each tour. For more information visit gocollette.com/chauffeurAbout ColletteEstablished in 1918, Collette is a third-generation, family-owned worldwide tour operator. With headquarters in Rhode Island, Collette’s recently- opened Sydney office adds to the company’s global presence which includes offices in Vancouver, Toronto and London.On offer is an extensive collection of four-star escorted tours, river and ocean cruises, rail journeys, small group tours, family tours and garden holidays. Renowned for connecting guests with cultural experiences which go far beyond those of an ordinary holiday, Collette prides itself on providing real value to its guests and agent partners. Knowledgeable tour managers, an industry-leading travel protection plan and inclusive touring are just part of the top-quality Collette experience. Just sit back, relax and be guided on your Collette adventure!Source = Collettelast_img read more

Aug 17 2019

Dusit International to make the opening of Dusit Princess Moonrise Bea

first_imgDeluxe King Ocean View RoomDusit International to make the opening of Dusit Princess Moonrise Beach ResortResort in Phu Quoc will hold its soft opening on 22 May 2018.Dusit International, one of Thailand’s foremost hotel and property development companies, will make its Vietnam debut this month with the opening of Dusit Princess Moonrise Beach Resort on the country’s largest island, Phu Quoc.Located in the South of Vietnam in the Gulf of Thailand, Phu Quoc is a fast-growing tourist destination known for its long, sweeping beaches, rich coral reefs, fresh seafood, pearl farms, and dense, tropical rainforest.Operating under Dusit’s upper midscale Dusit Princess brand, the new four-star resort is centrally located on the island’s west coast overlooking the stunning Bai Truong beach, a 20-plus kilometre stretch of sand also known as Long Beach. Phu Quoc (PQC) International Airport and Duong To town centre are only a short drive away.Designed to blend Dusit’s unique Thai heritage with Vietnamese culture and local traditions, the family-friendly resort comprises 108 well-appointed contemporary guest rooms (ranging from 32 sq m Deluxe Rooms to 90 sq m Suites), most of which offer pristine ocean views.Soi 14 RestaurantThe resort’s dining options include an all-day-dining restaurant, a lobby lounge, a swim-up pool bar serving Thai, Vietnamese and Western cuisines; and Soi 14, a stylish beachfront bar and lounge where Thai Chef Somnuck Attaworn uses premium ingredients to put a contemporary spin on Thai street food favourites.The centerpiece of the resort is a large infinity pool with ocean view, set within a lush tropical garden. Other facilities include a fully-equipped gym, a kids club, a large ballroom accommodating up to 190 people, and Luna Thai Spa, which offers a range of holistic treatments conducted by fully qualified and highly trained therapists.During their stay, guests can easily arrange to visit popular local attractions such as Phu Quoc National Park, part of the UNESCO designated Kien Giang Biosphere Reserve; the sweeping and secluded ‘Bai Sao’ beach; the quirky Dinh Cau night market; and various traditional temples.“Perfectly equipped to meet the needs of business and leisure travellers alike, this is a stunning property in a beautiful location with gorgeous sunsets almost every day,” said Markus Lohenstein, General Manager, Dusit Princess Moonrise Beach Resort. “It’s a real honour to be tasked with debuting Dusit’s unique brand of gracious hospitality in Vietnam. I look forward to working with my team to make this resort a huge success, as we delight our guests with our distinctive service, and showcase the best the island has to offer.”The Ministry of Tourism aims to attract at least 500,000 foreign tourists to Phu Quoc Island this year through strategic promotions and the development of attractive tourism products.To meet international demand, PQC International Airport has opened new direct routes to destinations such as Thailand, China, Korea, Russia, Finland, Sweden, Germany and the UK. Regular domestic flights to Ho Chi Minh City and Hanoi are also available. A visa exempt rule grants international visitors 30 days access to the island upon arrival.With 27 properties currently in operation across four brands in eight countries, Dusit International is in a significant growth phase which will see the number of Dusit properties top 70 within the next three years across key markets worldwide.About Dusit InternationalDusit International was founded in 1948 by Honorary Chairperson Thanpuying Chanut Piyaoui, whose first hotel was the Princess on Bangkok’s Charoenkrung Road. Today the company is a leader in hotel management and hospitality education and comprises a unique international portfolio of distinctive hotels and resorts operating under four brands: Dusit Thani, dusitD2, Dusit Princess and Dusit Devarana. ASAI Hotels, an affordable midscale lifestyle brand aimed at millennial-minded travellers, is set to open its first property early next year.Dusit International currently operates 27 properties worldwide and has over 50 confirmed projects in the pipeline in key destinations such as Bhutan, China, Indonesia, Kenya, Myanmar, Oman, Philippines, Qatar, Saudi Arabia, Singapore, Thailand, and UAE.The company also operates the signature Devarana Spa and has a fast-growing Education Division. The latter, established in 1993, comprises Dusit Thani College, which offers vocational and postgraduate hospitality degrees at campuses in Bangkok and Pattaya; and Le Cordon Bleu Dusit Culinary School.For more information, please visit www.dusit.com Source = Dusit Internationallast_img read more

Aug 17 2019

United Airlines Names Pam Hendry Treasurer

first_imgUnited Airlines Names Pam Hendry TreasurerUnited Airlines Names Pam Hendry TreasurerUnited Airlines (UAL) today announced Pam Hendry has been named vice president and treasurer. Hendry will be responsible for Corporate Finance, Treasury Operations and Risk Management.Hendry is a senior aviation finance executive who has an extensive background in cost-effectively financing aircraft. She spent the majority of her career at International Lease Finance Corporation (ILFC) where, among other roles, she served as senior vice president and treasurer.“Pam is well known and respected throughout the aircraft finance community. With her reputation as a strong leader and her deep industry knowledge she will be a great addition to the United team,” said Executive Vice President and CFO Gerry Laderman. “I look forward to welcoming Pam to United and partnering with her and our entire team as we continue to deliver on the growth strategy we laid out in January of this year.”Prior to joining United, Hendry was a managing director at Plane View Partners, an aviation consulting firm. She has also held a number of leadership and consulting roles in aircraft finance and leasing, where she built a proven track record in financial and capital markets.Hendry holds a bachelor’s degree in Business Economics from the University of California, Santa Barbara.Hendry will report to Laderman and will start on January 7.About UnitedUnited Airlines and United Express operate approximately 4,700 flights a day to 356 airports across five continents. In 2017, United and United Express operated more than 1.6 million flights carrying more than 148 million customers. United is proud to have the world’s most comprehensive route network, including U.S. mainland hubs in Chicago, Denver, Houston, Los Angeles, Newark/New York, San Francisco and Washington, D.C. United operates 760 mainline aircraft and the airline’s United Express carriers operate 546 regional aircraft. The airline is a founding member of Star Alliance, which provides service to 193 countries via 28 member airlines. For more information, visit united.com, follow @United on Twitter or connect on Facebook. The common stock of United’s parent, United Continental Holdings, Inc., is traded on the Nasdaq under the symbolSource = Unitedlast_img read more

Aug 15 2019

LPS Online Platform Gets a Boost

first_imgLPS Online Platform Gets a Boost “”Lender Processing Services””:http://www.lpsvcs.com/Pages/default.aspx (LPS) made public today that the “”Real Estate Board of New York””:http://www.ny1residential.com/ (REBNY) chose its MLS Portal to operate as the platform for its new “”Web site””:http://www.ny1residential.com/, which allows New Yorkers to search for homes statewide.[IMAGE]According to the statement, more than 90 percent of potential homebuyers begin with the internet in their search for a real estate buy-up. By providing homebuyers with an interactive platform, the company plans to provide an online interface with real estate value comparisons.””The goal is to provide a regional channel to drive more consumer traffic to our “”REBNY””:http://www.ny1residential.com/ brokers and agents, while making it easy for the public to find a home in New York City,”” Steven Spinola, “”REBNY””:http://www.ny1residential.com/ president and CEO, said in a statement. [COLUMN_BREAK]”” “”REBNY””:http://www.ny1residential.com/ carefully chose “”LPS””:http://www.lpsvcs.com/Pages/default.aspx Real Estate Group for thisimportant member benefit and consumer service.””According to the statement, “”LPS””:http://www.lpsvcs.com/Pages/default.aspx Real Estate Group’s MLS Portal offers an array of listing services, replete with a newly rebranded Web site and direct access to property listings. The site includes an aerial map-searching feature that surveys rooftops and parcel-line overlays, provides viewers with driving directions to various properties, and supplies others with snapshots of the real estate market in a given area, alongside comparisons between buying trends and property values.””These consumer portals do not compete with “”REBNY’s””:http://www.ny1residential.com/ members’ [Web sites], but ensure that consumer traffic is sent back to the brokers and agents,”” said John Hensley, CPO at “”LPS””:http://www.lpsvcs.com/Pages/default.aspx Real Estate Group. “”Statistics show that consumers who are allowed independent access to listings are better informed and more faithful to the real estate professional who helps them with their sale or purchase.””Surveys have shown that consumer-facing MLS websites gain increasingly higher search result placement than individual broker agent websites,”” he added.According to its Web site, “”LPS””:http://www.lpsvcs.com/Pages/default.aspx supplies mortgage and real estate companies with integrated services and technology. The statement claims that the company services about 50 percent of all U.S. mortgages by dollar volume with its Mortgage Servicing Package. July 18, 2011 487 Views in Origination, Servicing, Technologycenter_img Agents & Brokers Lenders & Servicers Processing Service Providers 2011-07-18 Ryan Schuette Sharelast_img read more

Aug 15 2019

FBR SunTrust Outlook Improving

first_img September 7, 2012 413 Views FBR: SunTrust Outlook Improving in Origination, Servicing Agents & Brokers Company News Investors Lenders & Servicers Processing Profits Quarterly Earnings Service Providers 2012-09-07 Krista Franks Brockcenter_img “”SunTrust””:https://www.suntrust.com/PersonalBanking is taking steps to improve its position in the market. The bank has continued to grow its mortgage banking division, which earned $258 million last quarter, according to “”FBR Capital Markets.””:https://fbr.bluematrix.com/sellside/EmailDocViewer?encrypt=15431c53-1eb9-4fb3-be63-18b8966a3851&mime=pdf&co=fbr&id=ryan.schuette@dsnews.com&source=mail&pdfFileExtension=.pdf While this was offset by repurchase provisions, the bank has now settled short-term losses, leaving FBR with expectations of profitability “”especially as the refi boom continues.”” [IMAGE][COLUMN_BREAK]FBR expects SunTrust will bring in $531 million from its mortgage banking division this year and close to twice that next year. With the announcement of a $375 million reps and warranties provision, FBR announced Friday that “”[t]his charge will likely take care of any reps and warrants losses [SunTrust] may incur in the short term.”” In FBR’s previous report, it suggested SunTrust was likely to see $800 million in repurchases losses from the GSEs. However, FBR now says, “”we believe that today’s $375 million charge should alleviate investor concerns in the short term.”” FBR has revised its 2013 estimates up as a result but does expect about $250 million reps and warrants losses next year. As a regional bank operating in the Southeast, SunTrust is vulnerable to the volatile Southeastern markets, including Florida, which has experienced significant price depreciation. “”Continued weakness in this market will amplify future losses and have a material impact on the profitability and health of the company,”” FBR stated. “”To date, the company’s slow credit improvement reflects its disproportionate exposure to Southeast residential mortgages,”” FBR stated. Sharelast_img read more

Aug 15 2019

Edward Jones Mortgage Cites Regulatory Reform as Reason for Closure

first_img Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Processing Service Providers Wells Fargo 2013-02-15 Krista Franks Brock February 15, 2013 467 Views *_Updated to add comments from a notice filed with the Minnesota Department of Employment and Economic Development and to add comments from Wells Fargo._*Citing changes in regulatory reform due to Dodd-Frank as the driving factor, “”Edward Jones Mortgage,””:https://www.edwardjonesmortgage.com/ejm/ based in St. Louis Park, Minnesota, will close its doors permanently in April.[IMAGE]Edward Jones Mortgage, which reportedly employs 214 people, is a joint venture between San Francisco-based “”Wells Fargo””:https://www.wellsfargo.com/ and Des Peres, Missouri-based “”Edward Jones.””:https://www.edwardjones.com/cgi/getHTML.cgi?page=/en_US/index.htmlThe office has been writing residential mortgages since 1998 and ceased writing them in January.[COLUMN_BREAK]””Regulatory reform stemming from the 2010 Dodd-Frank Act changed the rules for joint ventures of this type,”” said a spokesperson for Edward Jones.””After discussing how those changes might impact the ongoing joint venture, Wells Fargo has decided to end the agreement,”” according to the statement from Edward Jones.Wells Fargo said in a separate statement to TheMReport.com that it has “”decided to dissolve several of its Joint Venture alliances”” but added that it “”remain[s] committed to the joint venture business.””├â┬ó├óÔÇÜ┬¼├àÔÇ£The majority of the employees will be permanently laid off as of March 7, 2013,├â┬ó├óÔÇÜ┬¼├é┬Ø according to the company├â┬ó├óÔÇÜ┬¼├óÔÇ×┬ós filing with the Minnesota “”Department of Employment and Economic Development””:http://www.positivelyminnesota.com/.Having already ceased writing new mortgages, Edward Jones Mortgage will officially shut its doors April 12.””There will be no impact on existing mortgages sold through Edward Jones Mortgage,”” according to Edward Jones.Additionally, any applications still making their way through the process “”will be completed as normal,”” the company stated.As for the more than 200 employees being laid off, Wells Fargo said, ├â┬ó├óÔÇÜ┬¼├àÔÇ£We are working with these individuals to help them find opportunities to apply for jobs within Wells Fargo.├â┬ó├óÔÇÜ┬¼├é┬Ø in Data, Government, Origination, Secondary Market, Servicingcenter_img Edward Jones Mortgage Cites Regulatory Reform as Reason for Closure Sharelast_img read more

Aug 15 2019

Pending Home Sales Down to Lowest Level Since 2011

first_img Existing-Home Sales National Association of Realtors Pending-Home Sales 2014-03-27 Tory Barringer Pending Home Sales Down to Lowest Level Since 2011 The National Association of Realtors (NAR) reported yet another monthly decline in its measure of pending home sales, indicating continued softness in future sales figures.According to the latest monthly report, the group’s Pending Home Sales Index (PHSI)—a metric based on contract signings—dipped 0.8 percent in February to a reading of 93.9, its lowest point since October 2011. It was the eighth decline in as many months.Year-over-year, the index was down 10.5 percent, NAR reported.Despite the ongoing decline in sales activity, NAR chief economist Lawrence Yun is holding on to hope that the situation will soon improve.“Contract signings for the past three months have been little changed, implying the market appears to be stabilizing,” Yun said. “Moreover, buyer traffic information from our monthly Realtor survey shows a modest turnaround, and some weather delayed transactions should close in the spring.”NAR projections call for existing-home sales to total approximately 5.0 million this year, a slight decline from 2013.Pending sales rose modestly in the Midwest and West, whose regional indexes were up to 95.3 and 86.1, respectively. Those gains were offset by bigger declines in the Northeast (down to 77.1) and the South (down to 106.3).Year-over-year, all four regions reported declines in pending home sales. in Daily Dose, Data, Featured, Headlines, Newscenter_img March 27, 2014 433 Views Sharelast_img read more

Aug 15 2019

Stewart Appoints Group Executive Managing Director for Capital Markets

first_img Share Stewart Lender Services named two new leaders to its Capital Markets Group: Dan Gallery and David Cooper have been brought on as group executive and managing director of sales, respectively.Stepping into the group executive role, Gallery will direct the Capital Markets team in its expansion of due diligence services for investment banks, hedge funds, institutional investors, private investors, and mortgage insurance companies.Commenting on his new position, Gallery said he is “excited to take on this challenge,” adding, “Stewart is well positioned given its systems, processes, and management team to succeed and grow with our clients.”“We are pleased to have Dan lead our capital markets initiatives; his background and understanding of the industry, business processes and systems will help Stewart continue to invest and grow this important business line,” said Jason Nadeau, group president of Stewart.Meanwhile, Cooper joins Stewart following more than a decade spent in various sales roles at Integrated Asset Services, the Winter Group, and Clayton Holdings, Inc.“Dan’s leadership coupled with David’s extensive sales experience, leadership and capital markets client support will strengthen our services,” Nadeau said. “These two appointments, along with our other recent strategic acquisitions show our commitment to the Capital Markets arena, and will help Stewart to further build out the Mortgage Services division.” May 22, 2014 457 Views Movers & Shakers Stewart Lender Services 2014-05-22 Tory Barringercenter_img Stewart Appoints Group Executive, Managing Director for Capital Markets in Headlines, News, Uncategorizedlast_img read more

Aug 15 2019

The Best Beach Towns in America

first_img If living by the beach is a dream, the U.S. has beach towns that make this dream a reality, especially when it comes to buying homes that are suitable to everyday life and easy on the pocket, according to the latest WalletHub rankings for 2018’s Best Beach Towns to Live in.To determine the beach communities that were ideal for a permanent home, WalletHub compared 205 cities across 58 key indicators of livability and then split the comparison into two categories—those that were located by the ocean and the ones located by lakes. The rankings were then based on data sets ranging from housing costs to share of for-sale waterfront homes to the quality of beach water.The best town by the ocean to live in was Lahaina in Hawaii, WalletHub found. With an overall score of 64.90 on a scale of 100, the town got top ranking for safety and town economy and was ranked fourth in terms of affordability. Naples, Florida, came in a close second on this list with a total score of 63.61 and topping the quality of life indicator. Another Florida town, Sarasota, came in third with an overall score of 61.09 and a top five rank again for the quality of life in the town. Mill Valley, California and St. Augustine, Florida rounded off the top 5 on this list.WalletHub revealed that Traverse City, Michigan was the best beach town by a lake, with a total score of 67.92 and top ranking for quality of life. Eden Praire, Minnesota which came second on this list got a top rank for affordability and was among the top five in terms of town economy, and education and health. With a score of 61.12, Folsom, California came third on this list followed by Highland Park, Illinois, and Mequon, Wisconsin.In terms of home affordability, two Texas towns, La Porte and Port Lavaca, ranked among beach towns by the ocean with the lowest housing costs. Four California towns, Coronado, St. Luis Obispo, Malibu, and Santa Barbara were at the bottom of the list’s rankings on housing costs. For homebuyers looking at low annual property tax, WalletHub found five Hawaii towns that topped the list—Wailuku, Lahaina, Kihei, Waianae, and Kailua. At the bottom of this list were three New York towns—Babylon, Patchogue, and Shirley.Does your town feature on this list? For the complete rankings, click here. The Best Beach Towns in America in Daily Dose, Data, Featured, News Affordability Beach homes HOUSING Ocean Property Tax real estate WalletHub 2018-06-27 Radhika Ojhacenter_img June 27, 2018 729 Views Sharelast_img read more

Aug 15 2019

A Focus on HUD

first_imgA Focus on HUD in Daily Dose, Featured, Government, News government shutdown Homelessness HUD Pamela Patenaude 2018-12-17 Radhika Ojha This week promises to be a busy one at the U.S. Department of Housing and Urban Development (HUD) with a report on homelessness, the resignation of HUD’s Deputy Secretary Pamela Patenaude, and the question of the impact of a partial government shutdown looming over the agency. Read on to learn more about all that is impacting the agency this week.Pamela Patenaude ResignsPamela Patenaude, Deputy Secretary at HUD announced her decision to resign from her position at HUD and leave the agency in the new year. In a statement, Patenaude said that serving at HUD had been the highlight of her 35-year career in housing. Indicating that she would be returning to her home state of New Hampshire, Patenaude said, “It has been an honor to serve President Trump and Secretary Carson and I am deeply grateful to both for this opportunity. Thank you to my HUD family and fellow “housers” for helping Americans access decent, safe, and affordable housing.”Patenaude was sworn in as Deputy Secretary in September 2017. In this position, she led HUD initiatives that included granting $5 billion in disaster relief funding for Texas after Hurricane Harvey, signing a memorandum of understanding with Israel to increase collaboration between the two countries on myriad issues involving housing, community development, and mortgage finance, and grants to speed up the housing recovery in Puerto Rico.While it remains to be seen who would be filling Patenaude’s position, FHA Commissioner Brian Montgomery has been appointed as the Acting Deputy Secretary for HUD. “Pam Patenaude has been a dynamic and effective deputy secretary, which is one of the most important housing positions in any administration,” said David M. Dworkin, President and CEO at National Housing Conference. “She has been a passionate advocate for relief efforts in Puerto Rico, and a key voice on behalf of housing within the Trump administration.”He added, “The good news is that Secretary Carson has built a strong team at HUD. Brian D. Montgomery will be an outstanding acting deputy secretary and should be considered a front-runner for a permanent appointment.”HUD and the Government ShutdownThere are only five days to go before funding expires for several key federal agencies, including HUD, while the Republicans and Democrats debate over the funding for the border wall with Mexico. If both the sides aren’t able to resolve their differences by midnight December 21, the government is likely to head towards a partial shutdown.According to the Washington Examiner, past shutdowns have hit HUD hard, with almost 96 percent of its employees on furlough during that period.In an advisory to its employees when a government shutdown threatened its funding in January this year, HUD had said that in case of a shutdown, the agency’s operations and most of its functions would cease “unless they are legally excepted activities.” A large majority of HUD employees are non-excepted, which means that they are prohibited from working during a shutdown.A Look at HomelessnessOn Monday, HUD presented its Annual Homeless Assessment Report to the Congress. The report is released in two parts with the first part providing the point-in-time (PIT) estimates offering a snapshot of homelessness on a single night. According to the PIT estimates, approximately 553,000 people were experiencing homelessness across the country on a single-night in 2018. Of these, about two-thirds, or 65 percent, were staying in sheltered locations such as emergency or transitional housing programs, and one-third, or 35 percent, were in unsheltered locations such as on the streets or living in abandoned buildings.The report also indicated that the number of homeless people on a single night increased by 0.3 percent between 2017 and 2018, while the number of unsheltered individuals increased by 3 percent during the same period. The number of people experiencing homelessness in families with children continued to decline, by two percent between 2017 and 2018, and by 23 percent between 2007 and 2018.Click here to read the full report.center_img December 17, 2018 816 Views Sharelast_img read more

Aug 15 2019

CFPB Tackling PACE Financing Rules

first_img March 4, 2019 1,081 Views CFPB: Tackling PACE Financing Rules ATR CFPB Default Delinquencies EGRRCPA PACE financing Rules TILA 2019-03-04 Radhika Ojha On Monday, the Consumer Financial Protection Bureau (CFPB) issued an Advance Notice of Proposed Rulemaking (ANPR) on residential Property Assessed Clean Energy (PACE) Financing. The rule will address the direction given to the bureau on PACE financing under the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA) that was signed into law in May 2018, CFPB said in a statement.“Today’s action is the next step in the Bureau’s efforts to implement the Economic Growth, Regulatory Relief and Consumer Protection Act as expeditiously as possible,” said Kathleen L. Kraninger, Director, CFPB. “I look forward to reviewing the comments in response to the questions we are asking to facilitate the required rulemaking.”Through the ANPR, the consumer watchdog is seeking information on written materials associated with PACE financing transactions, current standards and practices in PACE financing originations, civil liability under Truth in Lending Act (TILA) for violations of the Ability to Repay (ATR) requirements related to PACE financing as well as rescission and borrower delinquency and default, unique features of PACE, and potential implications of regulating PACE financing under TILA.According to the ANPR, PACE financing has been defined in the EGRRCPA as “financing to cover the costs of home improvements that result in a tax assessment on the real property of the consumer.” The law also directs CFPB to prescribe regulations that achieve two purposes on PACE financing, the CFPB said.The first objective is to carry out the purpose of TILA’s existing ATR requirements even for PACE financing. The existing ATR requirements prohibit creditors from making a residential mortgage loan unless they make a “reasonable and good faith determination” based on verified and documented information on the consumer’s ability to repay that mortgage. The ATR requirement is “to assure that consumers are offered and receive residential mortgage loans on terms that reasonably reflect their ability to repay the loans and that are understandable and not unfair, deceptive, or abusive.”The second objective, according to the CFPB relates to the regulations implementing EGRRCPA’s section 307 must apply TILA’s general civil liability provision for violations of the ATR rules that will apply to PACE financing. “That provision sets forth damages for TILA violations generally, as well as specific penalties for violations of the current ATR requirements.”center_img Share in Daily Dose, Featured, Government, Newslast_img read more

Aug 13 2019

UK MS and Ocados £750M JV to transform

first_img U.K.: M&S and Ocado’s £750M JV to “transform … From the pages of Produce Business UKSH Pratt Group, who have specialized in fruit ripening and distribution since 1960, just announced their new bespoke-controlled distribution facility at DP World London Gateway called Halo, which is slated to open next month. The Luton-based firm seeks to reduce food miles and increase freshness in perishable and chilled supply chains by adding value to products coming across the quay at DP World London Gateway Port.According to official reports, the 108,555-sq. ft, state-of-the-art, multi-chambered warehouse will handle temperature products, before distributing them to the UK consumer market. The company says the facility will ensure a more sustainable supply chain, cutting waste, cost and time to market. As part of the construction process, SH Pratt Group has installed high-tech temperature controlling equipment across nine chambers, including three frozen chambers.“We’re really pleased with how the building has progressed,” says Robert Wells, Chairman, SH Pratt Group. “Halo will see us drawing on our expertise in delivering a quality service when it comes to handling a wide range of products.”Claiming to be “the fastest, the freshest and the leanest,” Halo boasts food safety accreditation and investments in technology, delivering fresh and safe produce that is transparent across the supply chain.The fully integrated logistics facility has been qualified as a Grade A building, rated BREEAM ‘Excellent’, EPC ‘A’ rated and with The Planet Mark™ accreditation, ensuring that construction was undertaken in the most environmentally friendly way possible. DP World London Gateway’s market-centric location, 25 miles from Central London, means more than 18 million consumers are located within a 90-minute drive. It presents an opportunity for retailers and importers to reduce lead times, increase the freshness and shelf life of products by getting them to stores faster; all with a reduced carbon footprint.Also being located within the DP World London Gateway Logistics Park’s West Zone, the facility will feature multiple temperature regimes, from frozen to ambient, enabling flexible as well as multi-usage. It also will employ advanced IT systems to aid the monitoring of products and ensure quality. In terms of construction, it is planned for warehouse facilities up to 1.5 million-sq. ft in size and 42m in height.Internationally speaking, the Halo centre will handle goods arriving at DP World London Gateway Port from a number of countries around the world. There will also be grounds for more than 400 vehicles nationwide, supporting UK and wider European accessibility to and from the facility. For the actual tracking of goods, enterprise resource planning software (ERP) will make it possible for customers to see where their goods are through a portal.Park Development Director DP World London Gateway Oliver Treneman says, “Halo is going to add value to temperature-controlled supply chains through its mix of expertise and know-how and through operating a high-spec, focused facility on the same site as one of the world’s fastest growing container ports.”Produce Business UK talked with Gavin Knight, managing director of Halo, to understand the impact of this new facility and the specifics of its technology. Knight has been in the sector of Fresh Produce for the past 20 years, and prior to that, his father ran a vegetable cooperative in Lincolnshire, so his knowledge and expertise in this sector is pronounced and invaluable. How did the whole idea for Halo come about?Halo was the vision of SH Pratt, to expand their portfolio and turnover. It complements the group extremely well, especially Kinship, our logistics business which gives us the full supply-chain solution. SH Pratt, which is a family-owned-and-managed business, has financed the five-year expansion plan, of Halo is one part.What are the business partnerships associated with this? For example, who specifically will manage it?Halo is solely owned by the SH Pratt Group, which is managed by David Bateman, group managing director; and as managing director of Halo, I am responsible for the day-to-day and the driving force behind Halo.In terms of the industry at large, is this the first initiative of its kind?There have been similar initiatives but none that are as highly invested, highly automated and future-proofed in a vast expanding port than Halo. The location of Halo is perfect not only to eradicate cost and time for Southern Hemisphere product (80 per cent arrives at London Gateway) but also for Northern Hemisphere, where it will add significant value to our customers’ supply chain. With regards to your clients, who do you foresee as the main ones most benefiting from this service? We will have a mixed portfolio, including retailers, importers and exporters across the full supply chain. DP World London Gateway’s market-centric location, 25 miles from Central London, means more than 18 million consumers are located within a 90-minute drive. It presents an opportunity for retailers and importers to reduce lead times, increase the freshness and shelf life of products by getting them to stores faster – and with a reduced carbon footprint. What makes this different in terms of other facilities that offer a similar profile? What is the unique selling point?65 per cent of the population live in the South of England, and there is no other facility like Halo based at this location, which also happens to have 80 per cent of Southern Hemisphere arrivals.It is called a bespoke temperature-controlled added-value facility. What exactly does this mean? We handle everything from field to fork, as well as frozen product. As fresh produce arrives in the UK, we can provide one of or all of the following: storage, ripening, picking and packing and then distribution of the produce to the regional distribution centres, which saves the retailer money, means the consumer gets a fresher piece of produce. And the environment loves it because it saves thousands of miles.What was the need behind creating such a system?The need is for a greater focus on the fresh produce supply chain, delivering a more cost-effective, fresher and more environmentally friendly product to the end consumer. Why is this specifically named a “state-of-the-art, fully accredited, fully focused facility”?We have the most up-to-date ERP System (Enterprise Resource Planner) — Prophet 3 (PR3). The systems and processes that have been implemented have been led by a management team that combined has over 50 years experience in the service provision industry. We also have invested in our food safety, quality and compliance management system, and we use Food 360, which allows our systems and procedures to be at the forefront of food safety.How will you ensure the management of this process?We have carefully selected quality supervisors who are highly trained to manage the process, ensuring attention to detail and efficient and effective production at all times. Our quality supervisors also manage the shelf life of the products to ensure consumers have the maximum edible life.HALO are dedicated to food safety and aspire an industry-leading service, with accreditations, TPPS, The Organic Soil Association, BRC, SEDEX, The Ethical Trading Association, giving you the reassurance you need of the high standards we achieve.What about globally? Are there any other competitors to this in the international marketplace?At this precise moment in time, no, but we expect competitors to launch over the next 18 months.About Halo: Halo is part of SH Pratt Group’s programme of investment over the last few years and is supported by Kinship Logistics, its wholly-owned logistics subsidiary, along with FreshLinc, the venture’s strategic logistics partner. Halo was created to specialize in eradicating costs, delivering freshness, consolidating the supply base and reducing the carbon footprint. Focused on industry-leading environmental solutions, Halo is strategically situated at the Port of London Gateway affording them positioning to eradicate container inbound costs and its nationwide road network links. Their premises include the positive releasing of finished product, not just the fruit but packaging and packaging information. The company’s motto: “We remove cost, we remove food miles, we remove time enabling us to ensure our customers will never miss a sale, deliver freshness or deliver value for the future.”About SH Pratt: Established in 1947 as an independent family-run business, SH Pratt specializes in the import, ripening and distribution of fruit. Previously known as SH Pratt & Co Bananas, they diversified into separate divisions under the SH Pratt Group umbrella, enabling service of a range of sectors within the food produce and distribution industry. About Kinship Logistics: Kinship Logistics, part of the SH Pratt Group, provides specialist supply chain solutions throughout the UK, focusing mainly on the retail and foodservice markets. They distribute more than 2,000 pallets per day and move more than  200 containers per week throughout their supply network.All stories Ethical Trading Initiative terminates Fyffes’ memb … One Banana targets U.K. retail expansion with ethi … October 29 , 2018 LPS ’19: Brazil aspires to become one of the most … You might also be interested inlast_img read more

Aug 13 2019

February 18 2019

first_imgFebruary 18 , 2019 Golden Bay Fruit creates “One of a Kind” show … NZ: T&G Global’s profits drop despite revenue … The Chinese New Year period has seen a reversal in the sluggish domestic apple market experienced this season on the back of a small crop, which sent prices soaring and put customers off purchasing.The world’s leading apple grower experienced severe frosts during the spring last year, which led to a 30% year-on-year drop in volumes and a big drop in sales as a result.However, Yang Jie, director of the national apple engineering technology research center, told FreshFruitPortal that the sales during the Spring Festival this year were better than expected.“Due to the high price, the overall sales of apple market in the past few months were slow. However, since the Spring Festival, the situation has been unexpectedly reversed, which has gone even better than in previous years,,” he said. “The apple gift box, in particular, is very popular among consumers.” U.S.: Apple sales ‘perked up’ in January after slo … center_img U.S.: Late season Ruby Frost apple variety gives r … According to Jie, sales of Beijing’s ‘Qiu Xiang, a well-known domestic apple brand, were up about 10% from the same period last year. About 200,000 gift boxes of ‘Cidoko’, another Chinese brand, were sold in the run-up the Spring Festival, up 25% year-on-year.“Gift box sales were generally not good in the previous Spring Festivals and vendors had to sell at lower prices in the end. This year, however, the situation is totally different,” he said.One reason for the rising interest in gift boxes could be Chinese consumers’ trend toward varietal diversification, he said, explaining that combinations of different varieties and prices supplied by apple gift boxes can meet the varying demands of consumers at different levels. In addition, in Chinese, the pronunciation of “apple” means “safe”, which is very suitable for gifts.Jie predicted that due to insufficient market supply, apple prices were unlikely to fall for some time after the Spring Festival. You might also be interested inlast_img read more

Aug 12 2019

Rail Plus is celebrating going live with its web a

first_imgRail Plus is celebrating going live with its web and mobile-friendly ‘Your World on Track Brochure’ with a competition for agents, and a webinar.WEBINARStay informed with the latest news, itineraries, ideas and product updates for 2018.Tuesday 13 February 201809:30hr AEDTSpots are strictly limited and registration is necessary.‘Count the Trains’ and winUntil 28 February 2018, agents who submit the correct number of trains in the brochure will have the chance to win one of 16 prizes including four first class rail passes, two AUD$75 gift vouchers and 10 goodie bags!‘Your World on Track’ not only features a complete redesign that aims to improve the brand’s positioning in Australia and New Zealand, but importantly, travel agents will find the thoughtfully created layout most user friendly, resourceful and current.In the web and mobile friendly brochure, agents will learn about the many train services offered by Rail Plus; the different types of trains operating around the world; the unbeatable range of Great Train Journeys; day trips; side trips and much, much more. Agents will also discover a host of handy planning tips and tools that will turn them into instant train experts!For a copy of the brochure, and to find out more about Rail Plus’ suite of products and services, get in touch with your local BDM – Nicki de Jager (VIC/SA/TAS), Larry Burrows (QLD, N.NSW) or Richard McKisack (NSW/ACT/WA) or call 1300 555 003. agentsBrochuresincentivesRail Plustrainingwebinarlast_img read more

Aug 12 2019

The Outrigger Laguna Phuket Beach Resort has passe

first_imgThe Outrigger Laguna Phuket Beach Resort has passed all systems tests to earn official Thailand MICE Venue Standard (TMVS) accreditation, effective immediately. The Thailand Convention & Exhibition Bureau created the TMVS system to give accredited venues a competitive edge and ensure sustainable growth in an increasingly competitive international MICE sector.TMVS applies ISO quality standards in food safety, security systems, energy management and the administration of sustainable events. Physical, technological and service delivery standards have to be met before TMVS accreditation is awarded.The Outrigger’s Area Director for Sales and Marketing for Thailand, Mr Rory Campbell, received the accreditation on behalf of the resort at an award ceremony for recipients organised by the Thailand Convention and Exhibition Bureau (TCEB) in Bangkok on 27 April 2018.“With TMVS accreditation, our sophisticated Similan Ballroom MICE set up at the Outrigger Laguna Phuket Beach Resort has been officially recognised as among the best in Thailand,” said Campbell. “We will now proudly take that message to event organisers who are seeking to create meaningful and rewarding corporate events in Phuket.”The Outrigger Laguna Phuket Beach Resort opened its Similan Ballroom and breakout spaces in 2014. It is now among the leading mid-scale event venues in Southeast Asia.“Since opening, our commitment to our MICE clients has been underpinned by the support of a dedicated events team for each meeting,” said Tony Pedroni, the General Manager at the Outrigger Laguna Phuket Beach Resort. “Our Outrigger hosts in Phuket work with clients to deliver inspirational Thai service that matches our acclaimed MICE set up and the amazing beachside location.”Pedroni said that the Outrigger in Phuket prides itself on delivering high-spec facilities at events designed with a unique Thai twist.The Outrigger offers the Similan Ballroom (716sqm), the Tongfah (158sqm), and the Tawan and Talay breakout rooms at 77sqm each.Event attendees benefit from a range of high-end in-house AV equipment and technical support. The four meeting spaces feature free Wi-Fi, natural daylight, dedicated technical support, an event and catering team, and state of the art audio visual and conference amenities.The Similan Ballroom can comfortably host executive conferences of up to 350 delegates in theatre style and 290 guests banquet style. Extensive gardens and a peaceful beachfront create inspirational settings for team building activities and outdoor banquets.CLICK HERE for full technical spec of the Similan Ballroom and the three breakout rooms.Contact the Outrigger Laguna Phuket Beach Resort MICE team at +66 (0)76 360 600. Or email reservation.phuketbeach@outrigger.co.th. MICEOutrigger Laguna Phuketresortsthailandlast_img read more