Limerick TD – Save Shannon slots

first_imgOne of the world’s most unusual aircraft arrives at Shannon Airport Shannon Group statement on the Aer Lingus decision to close its Shannon Airport base Advertisement NewsBreaking newsLimerick TD – Save Shannon slotsBy Bernie English – January 19, 2015 694 Aer Lingus announcement for Shannon base – Limerick Chamber statement Previous article100 jobs on way from AMAXNext articleDream of a City; poem for the day Bernie Englishhttp://www.limerickpost.ieBernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news. WhatsApp Shannon Airport “has been abandoned” Facebook Emailcenter_img Twitter Linkedin Urgent action needed to ensure Regional Air Connectivity RELATED ARTICLESMORE FROM AUTHOR As IAG was reported to be preparing a third and final bid for Aer Lingus , Limerick TD, Kieran O’Donnell (FG), has expressed his concern that Shannon’s Heathrow routes be preserved, and has confirmed that he will be raising the issue in the Dail this week.“This is a matter of absolute importance to me”, said Deputy O’Donnell.  “This is critical for Shannon, Limerick and the entire region in terms of gateway connectivity and jobs.Sign up for the weekly Limerick Post newsletter Sign Up “The government must ensure that the State’s 25.1 per cent strategic shareholding in Aer Lingus is used to preserve the most strategic of all air connections, the Heathrow slots.“All the great work that has been done in strengthening Shannon airport would be undermined were the Heathrow slots to come under any threat in an impending deal for Aer Lingus,” he said.“Shannon’s independence has been successful, with passenger numbers through the airport increasing very strongly since the government made it independent.  In 2007, the Shannon slots were redeployed by Aer Lingus for the Belfast routes, and heralded a period of decline in Shannon that has only been halted recently.  This shows the crucial importance of these slots for Shannon airport.“I hold my views on this issue very strongly, and I am raising this in the Dail chamber this week.“We have worked very hard here in Limerick to bring in investment and create jobs.  Air connectivity is one of the key elements in this.  Heathrow is the most important hub in the world, and the government’s strategic shareholding must be used to ensure that Aer Lingus’s slots are used for the strategic benefit of Irish regions.  This underpins Shannon’s broader role as an economic generator in the Mid-West region, and means that Shannon is the only airport on the Western Seaboard with a direct Heathrow connection.“These slots are absolutely critical for Shannon, Limerick and the Mid-West as they allow us to connect directly with Heathrow and from there, all of the major financial and investment centres in the world.“Aer Lingus’s slots in Heathrow are a unique national asset from which we in the Mid-West derive some really crucial benefits.  These assets must be preserved for the people. TAGSAer LingusfeaturedKieran O’DonnellShannon airport Sad day for Limerick and Mid-West following Aer Lingus announcement – Mayor Michael Collins Printlast_img read more

The New 21st Century Housing Finance System

first_img Fannie Mae Freddie Mac Housing Finance System Urban Institute 2016-04-15 Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Share Save April 15, 2016 1,078 Views Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University. About Author: Xhevrije West The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Fannie Mae Freddie Mac Housing Finance System Urban Institute Related Articles The Best Markets For Residential Property Investors 2 days agocenter_img Previous: Mortgage Banking Sector Suffers at PNC Next: DS News Webcast: Friday 4/15/2016 The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Featured, News The New 21st Century Housing Finance System America’s housing finance system is in what some call a “dysfunctional limbo.” Not only is it underperforming, but it is also outdated and in desperate need of a complete revamping among its mission, activities, products, and services.In an essay published by the Urban Institute, James H. Carr, a housing finance, banking, and urban policy consultant and former VP of Housing Research at Fannie Mae, explains how to transform Fannie Mae and Freddie Mac into a new, single corporation.”The basic pillars of our modern housing finance system were enacted in the 1930s during the Great Depression. Since then, there have been major shifts in the US economy, demographic composition, and spatial location of the population,” Carr stated. “These important reconfigurations in our economy and society demand greater intervention and bolder vision than simply attempting to better manage the risks posed by an underperforming and outdated system.”James H. CarrPrior to the housing crisis, the America’s housing finance system suffered from inadequate regulatory oversight, misguided incentive structures, inefficient leveraging of private capital and insufficient risk-sharing arrangements, an unfunded explicit federal guarantee, and inadequate service to diverse market segments, according to Carr.So what’s the fix to an outdated housing finance system? Carr suggests transforming Fannie Mae and Freddie Mac into a new National Housing and Community Investment Corporation (NHCIC).Carr noted that features of the NHCIC include merging Fannie Mae and Freddie Mac into a new government corporation that would continue to perform all the basic mortgage market operations of the current GSEs with some modifications, including the following:Providing an explicit federal guarantee on mortgage-backed securitiesMaintaining catastrophic risk while transferring all noncatastrophic risk to the private sectorMaintaining a portfolio for distressed loans and to aggregate single- and multifamily loans for securitization (but prohibiting the use of that portfolio for investment purposes)Ensuring equal access to lenders of all sizesAdjusting guarantee fees in a way that enables homeownership for creditworthy, lower-income householdsCollecting fees to support access and affordability for homeownership and rental housingMaintaining the Federal Housing Finance Agency as the new corporation’s regulator”These key structural elements ensure a well-functioning mortgage market by more clearly defining the appropriate roles for private versus public capital, improving lender access to the new entity’s securitization platform, shoring up the ability for duty-to-serve requirements to be met, continuing today’s support for rental housing finance, and leveraging the best of the private sector and government with a government corporation structure,” Carr wrote. Home / Featured / The New 21st Century Housing Finance System Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Is Rise in Forbearance Volume Cause for Concern? 2 days agolast_img read more

17 presidential quotes to remember on this Presidents’ Day

first_img 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,John Pettit John Pettit is the Managing Editor for CUInsight.com. John manages the content on the site, including current news, editorial, press releases, jobs and events. He keeps the credit union … Web: www.cuinsight.com Details Today on the 17th of February we celebrate not only the upcoming birthday of our first President George Washington (he’d have been 288 on Saturday), but all who have served our great nation as its leader. In honor of our former Presidents, here are 17 quotes about life, liberty, and one about not eating broccoli…Freedom is never more than one generation away from extinction. We didn’t pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same.” – Ronald Reagan“Change will not come if we wait for some other person or some other time. We are the ones we’ve been waiting for. We are the change that we seek.” – Barack Obama“Our greatest happiness does not depend on the condition of life in which chance has placed us, but is always the result of a good conscience, good health, occupation, and freedom in all just pursuits.” – Thomas Jefferson“Let us never forget that government is ourselves and not an alien power over us. The ultimate rulers of our democracy are not a President and senators and congressmen and government officials, but the voters of this country.” – Franklin D. Roosevelt“Peace, above all things, is to be desired, but blood must sometimes be spilled to obtain it on equable and lasting terms.” – Andrew Jackson“Leadership to me means duty, honor, country. It means character, and it means listening from time to time.” – George W. Bush“One cool judgment is worth a thousand hasty counsels. The thing to do is to supply light and not heat.” – Woodrow Wilson“Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost.” – John Quincy Adams“I do not like broccoli. And I haven’t liked it since I was a little kid and my mother made me eat it. And I’m President of the United States and I’m not going to eat any more broccoli.” – George H. W. Bush“A government for the people must depend for its success on the intelligence, the morality, the justice, and the interest of the people themselves.” – Grover Cleveland“As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them.” – John F. Kennedy“We cannot learn from one another until we stop shouting at one another – until we speak quietly enough so that our words can be heard as well as our voices.” – Richard M. Nixon“There is nothing wrong with America that cannot be cured with what is right in America.” – William J. Clinton“The experience of democracy is like the experience of life itself-always changing, infinite in its variety, sometimes turbulent and all the more valuable for having been tested by adversity.” – Jimmy Carter“The ballot box is the surest arbiter of disputes among free men.” – James Buchanan“If there is anything that a man can do well, I say let him do it. Give him a chance.” – Abraham Lincoln“Associate with men of good quality if you esteem your own reputation; for it is better to be alone than in bad company.” – George Washingtonlast_img read more

47 residents tested positive for virus at Willow Point Nursing Home, other updates

first_imgLastly, Garnar says the region may receive guidance from the state on phase three Monday evening. At Dorchester Park, the boat house opened June 8 and will be open seven days a week. Other updates: Willow Point is home to about 250 residents. (WBNG) — Broome County Executive Jason Garnar announced 47 Willow Point Nursing Home residents have tested positive for the coronavirus. Throughout the entire county, there are 73 active cases. 45 people have died from the virus and 482 people have recovered. Broome County June 8 coronavirus update On June 12, the beach at Greenwood Park will open. Coronavirus numbers In total, 600 cases of the coronavirus have been reported in Broome County. Additionally, Garnar announced all county beaches will be opened seven days a week from 11 a.m. to 7:30 p.m.last_img read more