Month: August 2019

Norcom Mortgage Recognized as Top Workplace

first_img Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Processing Service Providers 2012-10-23 Tory Barringer “”Norcom Mortgage””:https://www.norcom-usa.com/ is one of the “”Top Workplaces of 2012″”:http://www.topworkplaces.com/frontend.php/regional-list/company/courant/norcom-mortgage, according to a survey conducted by research firm “”WorkplaceDynamics, LLP””:http://www.workplacedynamics.com/.[IMAGE][COLUMN_BREAK]The Connecticut-based lender was selected as a Top Workplace by “”The Hartford Courant””:http://www.courant.com/ and “”FOXCT””:http://www.ctnow.com/, local media outlets that partnered with WorkplaceDynamics to recognize exemplary organizations.In the survey, anonymous Norcom employees praised the company, saying they feel that they are appreciated by fellow employees and company leadership. One employee said the company’s owners “”have a real vision of where Norcom is moving and it is all positive.””””I love the business and every day I am lucky enough to work with people who feel the same way””, said Phil DeFronzo, president of Norcom Mortgage. in Origination, Servicing Sharecenter_img Norcom Mortgage Recognized as Top Workplace October 23, 2012 463 Views last_img read more

CFPB Flags Lenders for Possible HMDA Violations

first_img October 27, 2016 612 Views The Consumer Financial Protection Bureau (CFPB) has issued a letter of warning to 44 mortgage lenders and brokers that they may be in violation of the Home Mortgage Disclosure Act (HMDA).HMDA, originally enacted in 1975, requires financial institutions to collect data related to mortgage lending activity such as home purchase loans, home improvement loans, refinancings they originate, purchase, or for which those institutions receive applications. HMDA’s goal is to monitor whether financial institutions are serving the needs of their communities, attract private investment, and identify possible discriminatory lending patterns.Data collected as required by HMDA is reported to appropriate regulators annually and made available to the public, according to the CFPB.The CFPB finalized a rule in October 2015 that updated the reporting requirements of HMDA to improve the quality and type of data that institutions are collecting. Most of the final rule’s provisions will go into effect on January 1, 2018.“Financial institutions that fail to report mortgage information as required make it harder to identify and address discriminatory lending,” said CFPB Director Richard Cordray. “No mortgage lender that is required to report their loan data can avoid this responsibility.”The CFPB identified the 44 companies to which it is warning of possible HMDA violations by reviewing available bank and non-bank mortgage data. The warning letters note that companies that meet certain requirements are subject to HMDA oversight, which means they are required to collect and report data on mortgage lending.In the letter, the Bureau encourages the companies to review their practices to ensure they are complying with the law, and if they are not, to advise if they have taken or will take steps to become compliant. By sending the letters, the CFPB is not stating that a HMDA violation occurred.Click here to view a sample of the warning letter issued by the CFPB. CFPB Flags Lenders for Possible HMDA Violations CFPB HMDA Home Mortgage Disclosure Act Mortgage Brokers Mortgage Lenders 2016-10-27 Seth Welborncenter_img in Daily Dose, Data, Headlines, News Sharelast_img read more

The Week Ahead Will FirstTime Buyers Step Up Again

first_img November 20, 2016 581 Views The Week Ahead: Will First-Time Buyers Step Up Again? in Daily Dose, Data, Headlines, News Existing-Home Sales First-Time Homebuyers 2016-11-20 Seth Welborncenter_img A push from first-time buyers reversed a two-month decline in existing-home sales in September, according to the National Association of Realtors (NAR).The first-time buyer share of 34 percent in September was the highest in four years, and it pushed the pace of existing-home sales up by 3.2 percent to an adjusted annual rate of 5.47 million.Will first-time buyers continue to drive existing-home sales upward in the face of shrinking inventory and rising prices? The industry will find out on Tuesday, November 22, when NAR publishes its October existing-home sales report.“There’s hope the leap in sales to first-time buyers can stick through the rest of the year and into next spring,” NAR Chief Economist Lawrence Yun said. “The market fundamentals—primarily consistent job gains and affordable mortgage rates—are there for the steady rise in first-timers needed to finally reverse the decline in the homeownership rate.”Inventory remains an issue, however.“Inventory has been extremely tight all year and is unlikely to improve now that the seasonal decline in listings is about to kick in,” Yun said. “Unfortunately, there won’t be much relief from new home construction, which continues to be grossly inadequate in relation to demand.”New Home Sales—HUD/Census Bureau, Wednesday, November 23Sales of newly-constructed homes had a solid month in September, with a 3 percent increase over-the-month and a 30 percent increase over-the-year up to an annual rate of 593,000, according to a joint report from HUD and the Census Bureau.New home sales were still well below their historical norms, however.“If we look past the monthly volatility by using the 12-month rolling total of new home sales, September was the best month since August 2008,” said Trulia chief economist Ralph McLaughlin. “By historical standards, however, new home sales per household are still about 36 percent below the long-run average.”Will they move up further toward that historical benchmark in October? HUD and the Census Bureau will release the October report on Wednesday, November 23.This week’s scheduleTuesday, November 22Existing-home Sales for October 2016, NAR, 10 a.m. ESTWednesday, November 23Home Price Index for September 2016, FHFA, 9 a.m. ESTNew Home Sales for October 2016, HUD/Census Bureau, 10 a.m. ESTThursday, November 24Thanksgiving Sharelast_img read more

Cyprexx Services Announces New Innovative Property EntryManagement System

first_img in Data, Headlines, News, Servicing Share Cyprexx Services Announces New, Innovative Property Entry-Management System September 20, 2017 601 Views center_img Property Management 2017-09-20 Joey Pizzolato Cyprexx Services, LLC in partnership with Prempoint Inc. plans to launch a new entry management system in Fall 2017, dubbed Lockwise. Lockwise is a new keyless entry management system that allows property access to be granted digitally, syncing with the Prempoint app, allowing property managers to control access from any geographical location by utilizing an online dashboard. This new technology eliminates the need for traditional key-based locks that typically complicate the process of accessing assets.Currently, physical keys provided directly by property managers or via lockboxes present security concerns, including theft, loss, inaccurate access codes, or unauthorized key duplication. As a response, Lockwise can all together eliminate the recurring monetary and time costs of rekeying.  The devices require no special equipment for installation and provide a more secure, flexible, manageable, and aesthetically pleasing solution to securing properties.These new devices, when paired with an authorized user via Prempoint, allow property managers to securely control property entry without the need for traditional rekey, or be physically present to grant access. Cyprexx believes this new solution is inventive and adaptable by providing the ability to remove or add authorized users as needed, from any location. At any time, property managers will have the ability to grant property access to maintenance vendors, tenants, and inspectors. Additionally, relevant documents such as work orders, lease agreements, and photos can be securely shared using the encrypted Prempoint system.“We are delighted to be in partnership with Prempoint. When first introduced to their technology, we immediately were encouraged to inject capital to help them develop innovative solutions that we can bring to market. Combined with our Bluetooth lock technology ‘Lockwise’ we see this unique solution as an enabler for Cyprexx to enter the Property Management space. In addition, the control of who gets access, when they get access and the reporting capability of this technology in eliminating the many issues of keys in the Defaults space is exciting. The added control to the access of clients’ properties is powerful, said Ed Mullen, CEO of Cyprexx ServicesMatthew Hartley, CEO and co-founder of Prempoint Inc. added, “This partnership with Cyprexx is giving us a huge opportunity to help the property management and realty industries.  It’s an exciting time for both companies, but I’m even more excited for our customers.  The investment we received is being put towards revolutionizing how property managers and realtors will manage access to properties.  No more lockboxes.  No more traditional keys.  No more pin codes.  All that our customers need is Prempoint and a ‘Lockwise’ Bluetooth lock from Cyprexx.  They can manage keyless entry to hundreds even thousands of properties from anywhere at anytime.  Our goal is to empower our customers, and lower their costs, with the elegance of simplicity!”last_img read more

Hamburg Süd strengthens its product portfolio

first_img Hamburg Süd strengthens its product portfolio … July 22 , 2019 “This is the first year that we’ve operated the systems that we expect to be the commercial design, and operated them commercially picking rather than prototype testing,” he said.”We’re operating commercially with growers with T&G in New Zealand in the first half of this year, then we’ll continue to work with growers in the U.S. for the upcoming harvest on a small scale.”Following the U.S. apple season, Steere said the company would take what it’s learned and in the future “do things on a larger-scale”.Abundant Robotics’ harvester in action this year in New ZealandThe company, which is a spin-out from Silicon Valley research institute  SRI International, will operate as a service provider for apple growers. It has not yet announced its pricing, but Steere is confident it would be an economically viable option for the industry.”We spent more than three years working broadly across the apple industry and we’ve gotten very good feedback from growers about our approach – both economics and the rest of the business – so I believe this is going to be a capability that’s affordable and accessible to growers broadly,” he said. “The challenge for us is to make sure that we’re ready to scale and then get on with scaling.”The company has been working with the apple industry to understand the best way to configure their existing orchards to work well with the technology. He added that the robotic harvester can work on a variety of different styles of plantings in high-density orchards, including the formally trained and spindle architecture systems.The commercial development of robotic apple harvesters comes amid a severe shortage of labor in agricultural industries in many countries around the world. This kind of technology will likely play an increasingly important role in the future.”The industry has been very supportive and very enthusiastic,” Steere said. “Key players have wanted to automate this type of operation for many decades. The challenge has been a series of very hard problems that have to be solved to do this effectively, and we’re now proving that we’re able to do that, so it’s an exciting time.””We’re starting commercially, we’re continuing along and advancing the work that we’ve been doing in R&D, but it’s a global industry and we’d like to be a global supplier of automation for this sector of agriculture.” You might also be interested in Spanish police find cocaine haul in Costa Rican ba … center_img Image of peculiar ‘long neck’ avocado goes viral … Global Grape Summit wrap-up part three: What is ne … Abundant Robotics, a U.S. start-up launched by a Silicon Valley research institute, is getting ready for its first U.S. apple season with its commercial autonomous apple harvester.The California-based start-up has been developing the technology for the last few years and plans to use what is expected to be the commercial design on apple orchards in Washington state this coming season.This follows on from the world’s first use of the harvester on a commercial apple crop in New Zealand earlier this year. The orchard belongs to the country’s largest fruit grower-exporter, T&G, whose parent company BayWa invested in Abundant Robotics two years ago.The harvester, which uses “unique” vacuum technology, is capable of autonomously navigating, deciding which apples are ripe, picking them and conveying them to the bins, all without damaging the fruit or the trees.”We’ve been methodically working our way from what was in 2016 early prototypes of the robotic apple harvester to get the designs and then test the designs for commercial harvesters to bring to market,” said Dan Steere, CEO of Abundant Robotics.The Abundant team has been busy traveling between the Northern and Southern Hemispheres, continuously testing the machines in apple orchards.last_img read more

As you settle back into your seat there are many

first_imgAs you settle back into your seat, there are many things on planes that we take for granted, like why are the windows round, or why is there a tiny hole in the middle of the window.Or how about, smoking has been banned on planes for twenty years or so, but there are still ashtrays in the bathrooms…Why doesn’t your seat line up with the window? If these questions and other aviation trivia have been exercising your mind, oyster.com has the answers. oyster.comlast_img

Derrick Hall satisfied with Dbacks buying and se

first_img Derrick Hall satisfied with D-backs’ buying and selling Comments   Share   Tyrann Mathieu didn’t wait long to make an impact in his NFL debut.With the game tied at 0-0, the St. Louis Rams were driving late in the first quarter. With the ball at the Rams 45-yard line, quarterback Sam Bradford found tight end Jared Cook streaking over the middle behind linebacker Karlos Dansby.However, as Cook made his way towards the end zone, Mathieu, who was covering St. Louis wide receiver Tavon Austin, came hard in pursuit and managed to smack the football out and past the goal line. Grace expects Greinke trade to have emotional impact Former Cardinals kicker Phil Dawson retirescenter_img Dansby recovered the football for a touchback, and the turnover led to an 80-yard scoring drive by Arizona, capped off by a four-yard touchdown pass from Carson Palmer to Larry Fitzgerald.According to Arizona Sports 620’s Paul Calvisi, as Fitzgerald came to the sideline he handed the touchdown ball to Mathieu and said, “That’s all you, man. That’s all you.”During his two years at LSU (2010-11), Mathieu had seven career forced fumbles. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Top Stories last_img read more

– 35

first_img – / 35 The Arizona Cardinals have tabbed Washington State defensive back Deone Bucannon with the No. 27 overall pick in the 2014 NFL Draft. The Cardinals originally had the No. 20 pick before moving back to No. 27 in a trade with the New Orleans Saints. Bucannon, a 6-foot-1, 216-pound safety out of Washington State, ran a 4.48 40-yard dash to go along with a 36.5 inch vertical jump at the NFL Combine. Safety was one of the Cardinals’ biggest defensive needs heading into the draft. Former Cardinals kicker Phil Dawson retires Top Stories The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Comments   Share   Derrick Hall satisfied with D-backs’ buying and selling “Not only do we feel like we filled a specific need, but we fill it with a player who we’ve targeted for quite some time,” Cardinals general manager Steve Keim said. “Deone Bucannon is a very talented guy.”Known as an imposing, physical defender, Bucannon intercepted six passes last season to go along with 114 tackles, including 4.5 tackles for loss and three forced fumbles. Bucannon becomes the first safety taken by the Cardinals in the first round since they selected Ken Greene out of Washington State with No. 19 pick in the 1978 NFL Draft.“It’s a whirlwind. I looked on the board and saw Arizona and there is no other place that I want to be,” Bucannon said in a conference call. “I went on 20 different visits, and Arizona was by far the place that I wanted to go to.” Grace expects Greinke trade to have emotional impactlast_img read more

Former Cardinals kicker Phil Dawson retires

first_img Former Cardinals kicker Phil Dawson retires Top Stories Derrick Hall satisfied with D-backs’ buying and selling The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Every week we will catch up with one Arizona Cardinals player and give our listeners the opportunity to submit questions to be answered on video. Submitting a question is easy, head on over to @AZSports on Twitter and tweet as many questions as you can think of, the best ones will make the cut! This week features Arizona Cardinals safety, Tony Jefferson (@tonyjefferson1). This is Four Downs. 0 Comments   Share   Grace expects Greinke trade to have emotional impactlast_img read more

Green Bay Packers quarterback Aaron Rodgers 12 s

first_imgGreen Bay Packers quarterback Aaron Rodgers (12) scrambles as Arizona Cardinals defensive end Calais Campbell (93) pursues during the first half of an NFL football game, Sunday, Dec. 27, 2015, in Glendale, Ariz. (AP Photo/Ross D. Franklin) Calais Campbell has been a stalwart along the Arizona Cardinals’ defensive line for a while now.A second-round pick in the 2008 NFL Draft out of Miami, Campbell became a starter in his second season and has not left the lineup since, becoming a two-time Pro Bowler and team captain over his time with the team.Campbell is about to enter his ninth professional season, and it just so happens to be the final year on his contract. There has been speculation that the team might look to redo his deal and keep him around long term, which is something Campbell would not necessarily be opposed to. LISTEN: Calais Campbell, Cardinals Defensive End Grace expects Greinke trade to have emotional impact Your browser does not support the audio element. “I’m really looking forward to the possibility of extending,” he told Bickley and Marotta on Arizona Sports 98.7 FM Thursday. “I love being a Cardinal and things have been very good the last eight years, so I’m really looking forward to going forward.”As of now, though, Campbell said his plan is to keep working hard for a team that won 13 games last season and appears poised to be even better this time around. The 29-year-old thinks highly of what the team added in the offseason in pass rusher Chandler Jones and rookie Robert Nkemdiche.“Adding Chandler Jones is huge — he’s an unbelievable talent — and I’m really excited to see what the rookie can do,” Campbell said. “You draft a guy in the first round, he’s very talented; he could have been a top-10 pick, top-5 pick, some people say. I’ve watched a little bit of the film so far and he has a mean first step. I’m really excited to see what he can do.”With Jones and Nkemdiche on board, the possibility exists for Campbell to have one of his best seasons yet. The five sacks he notched in 2005 were his lowest total since his rookie season, and there were more than a few instances where he was on the receiving end of some of head coach Bruce Arians’ criticism. 0 Comments   Share   The ripple effect of having more impact players along the defensive front could be felt all around, and Campbell could be one of the biggest beneficiaries. The timing for a resurgent season could not be much better for him given that he is in a contract year, and while he understands that, it is not something that will change his approach.“The biggest thing is just making sure I take care of the stuff I can,” Campbell said, noting he can’t control everything that’s happening around him. “You give your agent a job, he does it. The front office, everybody’s working hard to figure out something. But all I can control is just making sure I’m in great shape, making sure I’m working hard, making sure that when the time comes I perform my best and let the rest of it take care of itself.” Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Derrick Hall satisfied with D-backs’ buying and selling Campbell has long maintained the coach’s comments don’t bother him because the goal is simply to get better, and with others in the defensive front seven deserving attention he may face fewer double teams this season than he has in years past. It stands to reason that with just one blocker to beat, Campbell could wreak more havoc and be a force whose impact also shows up in the stat books.While Campbell is a great talent, it helps to have the kind of talent around him he will in Jones, Nkemdiche, Corey Peters, Frostee Rucker and others.“It’s exciting,” he said. “When you see teams are not going to be able to just double-team me the whole time — they’re going to have to rotate and double-team other guys, and pick their poison because I feel all of us are going to play with our hair on fire and have a reason for teams to want to double-team us and take us off our game,” he said. “But the biggest thing is I’m trying to make sure I’m ready to beat double-teams; if I still get double-teamed, given the circumstances for me, I’m going to make sure I’m prepared and I’m still working on still refining some of my moves, the way I normally do, but really I’ve been trying to work on seeing how I can defeat double-teams as well.” Top Stories last_img read more