CFPB proposes TRID changes, NAFCU urges more

first_imgIn a move urged by NAFCU, CFPB on Friday proposed updates to its Truth in Lending Act/Real Estate Settlement Procedures Act integrated mortgage disclosure rule, including more guidance on construction lending, but association President and CEO Dan Berger says it’s not enough.Comments on the changes are due Oct. 18.“NAFCU appreciates the CFPB revisiting the TRID rule and, at first glance, there appear to be a few positive components that we strongly advocated for on behalf of our members,” said NAFCU President and CEO Dan Berger. “Most notably, the bureau has taken our advice regarding the codification of its informal compliance guidance.“However, the bureau has not gone nearly far enough to address the numerous substantive compliance issues that have been highlighted by credit unions. Although our compliance experts will continue to analyze the proposal to identify its full impact, NAFCU believes this should be the first step in a process to create a mortgage disclosure rule that is workable for financial institutions and benefits consumers.” continue reading » 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

"CFPB proposes TRID changes, NAFCU urges more"

Five tips to help sell your home fast

first_img Inside the holiday beach shack which has had a major makeover Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:50Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:50 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenExperts 2020 property predictions02:50 QLD trophy homes set to smash records The chief executive of the Real Estate Institute of Queensland Antonia Mercorella said there are things homeowners can do to help to speed up a sale. 1. Speak to a local agent before listing. Ms Mercorella said using a local agent is crucial because their knowledge of the properties in an area, and what they are worth, will be superior to an out-of-town agent. “A local agent will have the answers to questions that buyers are likely to ask, such as what schools are available near by, is there any public transport, and are there any local shopping centres and cafés,” she said. “A local agent will have a true understanding of the value of properties in your area.” They are also likely to hold a database of prospective buyers. 1 Langside Road, Hamilton, sold after just 22 days on the market 2. Get the price right. Valuing your property too high is one of the main reasons they sit on the market for long periods. “There are many reasons vendors do this,” Ms Mercorella said. “They may need to achieve a certain amount to make a profit, they may have spent a lot of money on renovations, or they may simply have an emotional attachment to their home that stops them from being realistic about its value.” Don’t let these things cloud your judgment. Instead seek appraisals from multiple agents and ensure they are comparative with sales in the area. “This will give you a more objective view and help you to understand why your home should be priced at a particular point, and in turn, sell much quicker,” she said.More from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours ago 3. Improve your kerb appeal. “First impressions count and the first thing potential buyers are going to see is the front yard,” Ms Mercorella said. Unkempt grass, children’s toys and bins out the front make your home appear messy and uncared for. “This can put potential buyers off before they step foot inside.” She advised to keep lawns trimmed and toys and rubbish out of sight, so anyone driving past has a positive impression. Minimalist decor can help to sell a home fasterA quick sale is always a favourable outcome for people putting their homes on the market.Yet there are many things that can affect your success with finding a buyer, whether it be where you live in (city properties tend to shift faster than those in rural areas), or the type of property you own (houses sell faster than apartments). According to research by Realestate.com, more than 60 per cent of properties put on the market in Queensland last year sold within 90 days, slightly less than the national average of 68 per cent. About 16 per cent managed to sell within 30 days. But what if your home is lingering in the bottom 40 per cent of properties that are failing to keep pace with the rest? MORE: QLD leads nation as expert urges people to get rich slow 4. Declutter, because less is more. Forget knick-knacks and family portraits. These, while precious to you, mean nothing to a potential buyer. Don’t throw them away, but stash them temporarily in a cupboard, out of sight. Ms Mercorella said this was a simple way to improve the look of your home. “Removing unnecessary items can make your home appear larger and more modern. It’s also a good idea to keep decor neutral, to appeal to a wider variety of tastes. 5. Take advantage of advertising. Many sellers try to avoid advertising to save on costs, but Ms Mercorella said it could dramatically reduce the amount of time your home stayed on the market. “Advertising offers a preview of your home and has the potential to draw buyers in. At the end of the day, getting as many eyeballs on the property will help you get the best price possible.”last_img read more

"Five tips to help sell your home fast"

Bibby Offshore Wraps Up Maersk Oil UK Contract

first_imgBibby Offshore has finalized a multi-million pound contract with Maersk Oil UK, providing both subsea structure and pipeline inspection support in the UKCS.The four-week campaign saw Bibby Offshore’s subsea support and construction vessel, Olympic Bibby, operate across Maersk Oil’s Gryphon and Dumbarton fields.The work scope was also supported by Bibby Offshore’s project management team based in Westhill, Aberdeen, the company said.Barry Macleod, UKCS managing director at Bibby Offshore, said: “Securing this contract was a direct result of work we previously carried out for Maersk Oil, and demonstrates the company’s confidence in our ability to successfully, and safely, deliver efficient services.“We believe this agreement is a vote of confidence for the UK North Sea and the strategy of maximising economic recovery. It offers proof that the industry’s competitiveness is starting to provide results.”last_img read more

"Bibby Offshore Wraps Up Maersk Oil UK Contract"

Female entrepreneurs discuss social stigma around women’s health

first_imgCondoms and tampons covered the tables and desks in the room. Samples were given to each person in the audience, which introduced the conversation of the panel. Stigma surrounds each of these objects, and panelists Margo Lang, co-founder of Conscious Period, and Claire Courtney, co-founder of Lovability Condoms, aimed to fight that stigma by initiating the conversation around sex and periods.“Our mission is to break down stigmas around really important products, like condoms and tampons, that are health tools,” Courtney said. Courtney and Lang discussed how their businesses confronted the social stigmas surrounding sexuality and feminine products Wednesday evening at the Leventhal School of Accounting with moderator Safiya Nygaard from Buzzfeed’s Ladylike. Courtney started her company, Lovability Condoms, to break the stigma of using this form of birth control. People are still uncomfortable with using condoms, according to Courtney, and she wanted to empower women to feel comfortable carrying around a tool that is useful to their everyday life. Before starting the project, Courtney researched the issue of condom usage. When she found that a majority of the population is not comfortable with using condoms, she decided that technological advancements are required to remedy the situation.“Every possible place is telling us that nobody likes to use condoms,” Courtney said. “So how do you create a community around something that people aren’t into? I think a huge part of that is innovation.” Courtney discussed how the perception people have around the pleasure, or lack thereof, of  condoms affects the consumption of the product, and technology will be able to correct any dissatisfaction with condoms. She discussed the history of the condom, which dates back to the ancient Egyptians. Despite the large amount of time since its invention, Courtney stresses how there hasn’t been much technological advancement in the product. For example, Courtney discovered in her research that some women find condoms uncomfortable, smelly and a hassle to dispose of. “We are working with the industry that we have and with the product that’s available right now to try to create a different conversation, market and talk about these products differently, and provide a space where condoms are positive,” Courtney said. Furthermore, Courtney said that purchasing condoms can be an embarrassing thing to do, and she wanted to make condoms more discreet and aesthetically pleasing to allow women to feel comfortable carrying them around. When starting the business, she struggled with getting businesses and boutiques to accept the possibility of selling condoms to their customers. Lang’s business, Conscious Period, also aims to bring positivity to a product that is attached to a negative connotation. Periods are a touchy subject to the public, Lang said, but she wants to shift the conversation to be more inclusive. Lang said women get upset when their periods begin again, but she sees it as an empowering experience and a sign of good health — even something to be celebrated.“How can we change the conversation?” Lang said. “It’s so much about the product, but it’s also about how we feel about very natural experiences like sex and periods.”Lang uses her product to bring up education on the subject of women’s health and hygiene. She said that she wants women to question what is in the health products they are using, and hopes that her organic tampons allow women to ask these questions and feel comfortable with using these products. Lang’s company not only influences the consumers, but also supports those in the community. Conscious Period sells tampons and uses part of the profit to give pads to women in the United States who are unable to afford feminine products. Government assistance programs do not cover tampons or pads, Lang said, and she wants to raise awareness of the necessity of these products that are taxed as “luxury items.” Betty Stearns, a senior majoring in aerospace engineering, called the talk “inspiring” and said that it changed the way she thought about the way gender is perceived in society. “I think a lot of these issues really affected me,” Stearns said. “How do I talk about periods, and how do I talk about sex as a woman? It’s very inspiring to know that there are people out there that are invoking this change and are leading this movement.”Lang and Courtney said that they aim to create social change in the community with their products by introducing a conversation silenced by social stigmas.“Any time you have a community that has been silenced, the real way to uplift them is by creating a space for their voice,” Courtney said. “It’s about us standing up for ourselves and our own desires.”last_img read more

"Female entrepreneurs discuss social stigma around women’s health"