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Prayers urged, diocese reaches out, as deadly tornadoes hit Oklahoma

first_imgPrayers urged, diocese reaches out, as deadly tornadoes hit Oklahoma Director of Administration & Finance Atlanta, GA Curate (Associate & Priest-in-Charge) Traverse City, MI Curate Diocese of Nebraska Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Course Director Jerusalem, Israel Canon for Family Ministry Jackson, MS In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Collierville, TN Rick Britton says: Assistant/Associate Rector Washington, DC Rector Washington, DC Associate Rector Columbus, GA A couple searches for belongings after a tornado struck Moore, Oklahoma, May 20, 2013. A 2-mile-wide (3-km-wide) tornado tore through the Oklahoma City suburb of Moore on Monday, killing at least 51 people while destroying entire tracts of homes, piling cars atop one another, and trapping two dozen school children beneath rubble. Photo: REUTERS/Gene Blevins[Episcopal News Service] Updated at 11:50 a.m. to include revised death toll, lowered from initial count. Bishop Ed Konieczny called for prayer, while staff and clergy of the Episcopal Diocese of Oklahoma reached out to the community, after violent tornadoes on May 20 left at least 24 dead, including 7 children, and more than 120 injured near Oklahoma City.As rescuers continued to search for survivors amid the rubble of buildings and widespread debris, the death toll was expected to rise. An earlier figure of 51 deaths was revised down by the Oklahoma Medical Examiners Office, which said it had received 24 bodies, according to reports. “It’s been a pretty rough couple of days” with more storms possible on Tuesday, said Konieczny, during a Monday evening telephone call from his home in Edmond, a northern suburb of Oklahoma City.“We’re still assessing where we are at today,” he said, just a few hours after a mile-wide tornado struck a hospital and two elementary schools in Moore, about 11 miles southwest of Oklahoma City. “Communications are difficult. Cell phone service is sparse. Even landlines are affected. The area where the tornado struck is blocked off, nobody can get in or out.”He said that a storm system, created when cold and warm air masses collide, spawned six tornadoes Sunday and two or three on Monday, including the one in Moore. Winds of up to 200 miles an hour shredded homes and other buildings.“Local clergy are trying to assess damage and to contact their members that live in the areas where tornadoes struck. They are waiting to hear back,” Konieczny said. “We know … that we have a number of members of churches who’ve lost their homes.”A day earlier, on May 19, tornadoes struck Shawnee, about 37 miles southeast of Oklahoma City, killing at least one person.“At this point, there’s been no significant damage to any church properties,” Konieczny said. “We have accounted for all clergy, staff and their families living in areas affected by the storms and tornadoes.”He said that two schools sustained direct hits by the tornadoes while classes were in session. “In one of the schools, 75 students and teachers huddled in a hallway and there’s nothing left. They’re still looking for those persons.”Presiding Bishop Katharine Jefferts Schori said in a May 21 message that the prayers of Episcopalians “are with the people of Oklahoma in the midst of this tragic event. May the Spirit of God hover over the broken, lost, and grieving, and may they meet the love of God in their neighbors’ responses.”Konieczny said he had been in touch with Episcopal Relief & Development as well as local disaster relief agencies. “We are putting things in place to respond to the immediate needs as they become aware to us and are coordinating with other emergency organizations, to work together as they try to respond to this.”On a personal note, he said the roof on his home, in Edmond, Oklahoma, was destroyed by hail and wind damage, “but this is nothing compared to the devastation others have experienced.”The Rev. Canon José McLoughlin, diocesan canon to the ordinary, said he and his family were forced to take shelter on Monday when warning sirens sounded near his suburban Oklahoma City home.“The storm skirted us and went south and east” but this situation is very much still unfolding, McLoughlin said Monday evening. “Casualties are mounting, the devastation is widespread. We’ve been texting to try to communicate and assessing damages to parishioners.”As rescue efforts unfold, “We’re prepared to do what we need to do and we’re going to do what we can,” he added.Some relief efforts are already underway in Shawnee, the Rev. Bill Carroll, rector of Emmanuel Episcopal Church in Shawnee, wrote in a May 21 e-mail to Episcopal News Service.“We have identified a couple of parishioners with family members who are injured or who have lost their homes,” he said. “We have no reported loss of life within our parish, but at least one fatality in our immediate community. Our church building is untouched. Our prayers are with people in Moore and southern Oklahoma City where the damage to human life and property was worst.“In Shawnee, we are providing tangible assistance where that is needed and working through our diocese and the Red Cross. On Sunday we’ll be soliciting donations to help.”Also, St. Mary’s Episcopal School in Edmond took to social media to begin relief efforts, inviting donations of children’s books, stuffed animals and other comfort items for the surviving children and families. “The teachers and staff will take the items as a symbol of Edmond’s generosity to the American Red Cross,” the posting said.The Diocese of Oklahoma includes 70 congregations representing about 25,000 Episcopalians and encompasses the entire state. A link for those wishing to contribute to disaster relief efforts has been established on the diocesan website.But Konieczny said that the biggest thing right now, “is prayers for everyone. There’s been significant loss, not only of physical properties, but with the loss of children and other family members. Prayers would really be appreciated for us. There’s the first couple of days of the news of the event, but the real work and the real need for people is going to be in the days ahead.”–The Rev. Pat McCaughan is a correspondent for the Episcopal News Service. She is based in Los Angeles. May 22, 2013 at 7:37 am Can not watch the news from Oklahoma without weeping. After living through Sandy here at the Jersey shore, I can relate to the people in Oklahoma. People around here walked around in a daze for weeks afterwards. These events are a real “faith shakers”. You find yourself asking “why would God allow a churches, schools and homes to be destroyed?” How is this “looking out for your children?” I think the answer, atleast here in NJ, was to restore our faith in humanity and one another. It is more important what we do in the aftermath to care for each other. Our church will be deciding by Sunday what aid we will be sending. During Sandy, our church was “adopted” by another church in Michigan. They sent a generous donation to aid in our relief efforts which was greatly appreciated. We are considering “adopting” a church in Oklahoma.The church plays a vital and necessary part of the relief and rebuilding efforts in times like these.It takes time to assess the situation to account for parishioners, clergy and property. It took us days to do this after Sandy. It is good other demoninations, Red Cross and others are on the ground but let me assure everyone the needs will be great and go on for months, if not years long after the media leaves. I urge all Episcopalians to give careful thought as to how you will respond as a disciple, parish, or diocese. Contact your priest and get something going like donating loose plate offerings, adopting a church or special fund raising…just do it. Be a “doer of the word” not just “a listener” and pray often for the folk in OK. Blessing to you! Comments are closed. Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Submit an Event Listing Comments (5) The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Bishop Diocesan Springfield, IL Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Rector Martinsville, VA An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Featured Events May 21, 2013 at 6:11 pm I agree and want to donate through the Diocese. May 21, 2013 at 3:30 pm ERD needs to put updated info for donations to this effort on their website. Charity Navigator does not have ERD listed as a good choice for these donations either. It does have the Methodist Church and other churches listed. ERD let everyone know where to direct donations asap please… Associate Priest for Pastoral Care New York, NY Priest-in-Charge Lebanon, OH Marylin Day says: Rector/Priest in Charge (PT) Lisbon, ME Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Associate Rector for Family Ministries Anchorage, AK Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Submit a Job Listing Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Hopkinsville, KY center_img Press Release Service Priest Associate or Director of Adult Ministries Greenville, SC Rector (FT or PT) Indian River, MI Director of Music Morristown, NJ Rector Pittsburgh, PA Rector Albany, NY The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group May 21, 2013 at 4:37 pm I concur with the comment about our good ERD being ready to take donations. When I looked this morning there was no mention of tornado on the website. ERD is a good choice for donations. We will check website later. Rector Shreveport, LA May 21, 2013 at 9:09 pm Our prayers are wonderful and needed for the people of Oklahoma. Still, it’s disappointing to hear of all the other Christian denominations already present and acting–doing things to help. If our ECUSA is on the ground, the news service should let us know that. Jon Kopf says: James Saxon says: By Pat McCaughanPosted May 21, 2013 TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Youth Minister Lorton, VA Family Ministry Coordinator Baton Rouge, LA Featured Jobs & Calls Assistant/Associate Priest Scottsdale, AZ Rector Belleville, IL New Berrigan Book With Episcopal Roots Cascade Books An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET Assistant/Associate Rector Morristown, NJ Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Rector Knoxville, TN Submit a Press Release Rector Smithfield, NC Rector and Chaplain Eugene, OR Missioner for Disaster Resilience Sacramento, CA Rector Tampa, FL Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Cathedral Dean Boise, ID Rector Bath, NC sheila greason says: This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 last_img read more

On this day in history: Johnson signs Medicare into law

first_imgShare on Facebook Tweet on Twitter TAGSMedicareOn This Day in History Previous articleLooking back… moving forwardNext article101 Things to Do When Kids Say ‘I’m Bored’ Denise Connell RELATED ARTICLESMORE FROM AUTHOR Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Please enter your name here Please enter your comment! You have entered an incorrect email address! Please enter your email address here July 30th, 1965From the History ChannelOn this day in 1965, President Lyndon B. Johnson signs Medicare, a health insurance program for elderly Americans, into law. At the bill-signing ceremony, which took place at the Truman Library in Independence, Missouri, former President Harry S. Truman was enrolled as Medicare’s first beneficiary and received the first Medicare card. Johnson wanted to recognize Truman, who, in 1945,had becomethe first president to propose national health insurance, an initiative that was opposed at the time by Congress.The Medicare program, providing hospital and medical insurance for Americans age 65 or older, was signed into law as an amendment to the Social Security Act of 1935. Some 19 million people enrolled in Medicare when it went into effect in 1966. In 1972, eligibility for the program was extended to Americans under 65 with certain disabilities and people of all ages with permanent kidney disease requiring dialysis or transplant. In December 2003, President George W. Bush signed into law the Medicare Modernization Act (MMA), which added outpatient prescription drug benefits to Medicare.Medicare is funded entirely by the federal government and paid for in part through payroll taxes. Medicare is currently a source of controversy due to the enormous strain it puts on the federal budget. Throughout its history, the program also has been plagued by fraud–committed by patients, doctors and hospitals–that has cost taxpayers billions of dollars.Medicaid, a state and federally funded program that offers health coverage to certain low-income people, was also signed into law by President Johnson on July 30, 1965, as an amendment to the Social Security Act.In 1977, the Health Care Financing Administration (HCFA) was created to administer Medicare and work with state governments to administer Medicaid. HCFA, which was later renamed the Centers for Medicare & Medicaid Services (CMS), is part of the Department of Health and Human Services and is headquartered in Baltimore. The Anatomy of Fear LEAVE A REPLY Cancel reply Save my name, email, and website in this browser for the next time I comment. Support conservation and fish with NEW Florida specialty license plate last_img read more

Charities Bill Coalition asks PM for support

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Charities Bill Coalition asks PM for support  13 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The Charities Bill Coalition has written to the Prime Minister and his Cabinet Ministers encouraging them to support the reform of charity law andurging them to press their colleagues in the Home Office to commit to a charities Bill in this year’s Queen’s speech.Tony Blair and 19 different Cabinet Ministers received the letter signed by the 24 members of the Charities Bill Coalition this week. It draws their attention to the recommendation by the Cabinet’s own Strategy Unit that charitable status in law should be based on the principle of public benefit.It also welcomed the Home Secretary’s recognition that it is essential, in the interest of preserving public trust and confidence in charities, that a new Charities Bill is drafted. Advertisementcenter_img Howard Lake | 2 April 2003 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving.last_img read more

Tesco and CRUK aim for one million Race for Life participants

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1  78 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving. Tagged with: corporate Events Howard Lake | 25 November 2010 | News Tesco and CRUK aim for one million Race for Life participants Tesco is to increase its support for Cancer Research UK’s Race for Life event series, with a pledge to help the charity recruit one million participants.Tesco has been supporting Race for Life for nine years, with Tesco staff having raised £7.1 million for the charity’s fight against cancer. Next year Tesco promotional activity will celebrate the 10 year partnership and help drive entries for the charity’s events, with a customer and staff recruitment campaign.Tesco hopes that, of the one million women, over 20,000 will be Tesco staff.Race for Life is clearly a valuable brand, and in recognition of Tesco’s increased commitment, Race for Life will in 2011 be renamed Tesco and Cancer Research UK’s Race for Life.Other planned PR and marketing activity includes a Tesco-funded national advertising campaign, promotion through Tesco Clubcard,, ATMs and Tesco Magazine, in-store point-of-sale and live sign up.Josh Hardie, Head of CSR at Tesco, said: “Race for Life is hugely popular among both our customers and staff as it appeals to all women, whatever their age and however fit they are. We’re thrilled to be celebrating our tenth anniversary of supporting Race for Life in 2011″.Race for Life is the UK’s largest women-only fundraising event series which, since it began in 1994, has raised £362 million towards Cancer Research UK’s work into all types of cancer. The charity hopes that with the help of Tesco, Race for Life 2011 will be the biggest year yet and that one million women will walk, jog or run 5k to help raise around £80 million at over 300 events across the UK from May until July 2011.Race for Life opens for entries on 17th January 2011. There is an entry fee of £14.99 to cover organisational and administration costs of the series.www.raceforlife.orglast_img read more

Neknomination trend “turned on its head” to spark acts of charity

first_img Tagged with: Digital AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Others have come up with similar ideas. Kevin Martin suggested doing something positive instead of drinking alcohol. He calls it ‘Nominate-donate’. Donate & NominateJames Lucking, 19, and Will Wright, 26, students from the School of Communication Arts in Brixton, decided to swap the idea of drinking a pint (or more) of alcohol to donating a pint of blood.Their Donate & Nominate campaign has proved popular too.Donate & Nominate  76 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The international reaction has been so positive that he has been inspired to set up the #ChangeOneThing Foundation which aims to help charitable organisations in small ways, and facilitate inspirational talks.Lindeque calls them RAKnominations. Two weeks after posting his first video he reported back on what it had inspired. He said:“The Change One Thing concept turned Neknominations on its head!” Random acts of kindnessRAKnominations follows in the footsteps of other random acts of kindness, like Pay It Forward and Free Hugs.Julien Voinson from Bordeaux has taken a similar approach, donating a McDonalds meal to a homeless man on the street in what he calls ‘Smart Nominations’. Neknomination trend “turned on its head” to spark acts of charitycenter_img #CHEKNOMINATE from CoppaFeel! on Vimeo.So, plenty of people and organisations have seen some positive potential in a daft and in some cases lethal viral trend. Are you using a version of Neknomination for positive change? Let us know in the comments below. Mr Lucking told Metro: “Everything about NekNomination is great apart from the alcohol consumption. A lot of people are getting sick of the trend. Donate & Nominate promotes a good cause and you’re not going to get hurt or lose your job.”ChekNominationBreast cancer charity CoppaFeel also came up with its positive response to NekNomination, by starting the ChekNominate campaign.The charity encourages the public to “Grab your smart phone, webcam or camera, take a quick video of yourself checking your boobs and nominate some of your mates to do the same.” Howard Lake | 23 February 2014 | News Advertisement The Neknomination ‘game’ that has reportedly caused at least five deaths, has resulted in a backlash in which some people have tried to turn it into a more beneficial craze.The original Neknominations involved someone drinking large amounts of alcohol, filming themselves in the process, and then posting the video online, while inviting other friends to do something similar.RAKnominationsIn Johannesburg, Brent Lindeque turned his Neknomination into an act of giving food and drink to a stranger who was washing car windows on the street. He then nominated other friends, asking them to do something similarly beneficial. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving.last_img read more

Mayor Price to speak at State of the City Address

first_imgReddIt Abortion access threatened as restrictive bills make their way through Texas Legislature Twitter Linkedin Previous articleTesla gallery opens in University Park VillageNext articleTCU students combat human trafficking in DFW area Shane Battis RELATED ARTICLESMORE FROM AUTHOR Lead On committee co-chairs share goals with students ‘The Big Switch:’ Student spends a day in the chancellor’s shoes Shane Battis Shane Battis + posts The Leap: 10 April Fool’s pranks to try this year Facebook Shane Battis Grains to grocery: One bread maker brings together farmers and artisans at locally-sourced store Office of Religious and Spiritual Life affirms Muslim students in light of online threats Twitter Shane Battis Linkedin ReddIt Facebook printEconomic development over the past year is one of several topics that Mayor Betsy Price will discuss Tuesday during her fifth State of the City Address.Cheraya Peña, press secretary of the mayor’s office, said Fort Worth is one of the fastest growing cities in the U.S, adding that five thousand jobs were created last year by companies expanding or relocating to Fort Worth.“It’s a really fun time on the economic development side,” she said.Peña also said the city last year added funding for infrastructure and capital projects without needing a tax increase.She said the mayor will talk about her focus on managing this growth while maintaining the “hometown feel” that Fort Worth is known for.Another topic the mayor will address Tuesday is a sixth police division that was installed last year to meet the increasing number of residents in North Fort Worth. Peña said it was necessary in order to service the growing population of the city.New Fort Worth Police Chief Joel Fitzgerald will be featured at the address in a video talking about his efforts to encourage community policing.The police, she said, want to better connect with their residents by supporting programs in Fort Worth like Code Blue – a crime prevention strategy that allows volunteers to work with the police department and help patrol their communities.This style of policing, Peña said, “plays into our strengths as a city.”The State of the City Address will be held at the Fort Worth Convention Center tomorrow at 12:30 p.m. Shane Battis Fort Worth set to elect first new mayor in 10 years Saturdaylast_img read more

Possible political motive in influential blogger’s death

first_imgNews November 7, 2014 – Updated on January 20, 2016 Possible political motive in influential blogger’s death TurkeyEurope – Central Asia Related documents ferdi_ozmen_sorusturmasi_nda_politik_boyut_ihmal_edilmemeli-2.pdfPDF – 92.85 KB Turkey’s never-ending judicial persecution of former newspaper editor Reporters Without Borders urges the police and judicial authorities to shed all possible light on the murder of Ferdi Özmen, an influential Turkish blogger and government critic who had 27,000 followers on Twitter. Human rights groups warns European leaders before Turkey summit TurkeyEurope – Central Asia April 28, 2021 Find out more Receive email alerts Help by sharing this information RSF_en center_img Follow the news on Turkey News News News Journalists threatened with imprisonment under Turkey’s terrorism law to go further April 2, 2021 Find out more Türkçe / Read in TurkishThe possibility that this young blogger’s death was politically-motivated and linked to his social network activities should be thoroughly examined.A gunmen shot Ferdi Özmen after forcing him to get out of his car in a car park in the Sariyer district of Istanbul on the evening of 23 October. He died of his injuries in a nearby hospital.As well as his popular tweets, Özmen hosted a radio programme targeting the northern Black Sea province of Orda that was transmitted on social networks. He was an advocate of the secular and nationalist policies of the Turkish Republic’s founder, Mustafa Kemal Atatürk.“We are deeply shocked by this targeted murder, which was clearly planned and was carried out in a public place, and we offer our heartfelt condolences to Özmen’s family,” said Johann Bihr, the head of the Reporters Without Borders Eastern Europe and Central Asia desk. “Those conducting the investigation must examine all hypotheses and take appropriate account of this bloggers online activities.”In June 2013, Özmen appeared before an Istanbul magistrate’s court on a charge of insulting then Prime Minister (and now President) Recep Tayyip Erdogan in Facebook messages during the “Occupy Gezi” anti-government protests.Turkey is ranked 154th out of 180 countries in the 2014 Reporters Without Borders press freedom index. April 2, 2021 Find out more Organisation last_img read more

Underwater Rate Dips; Borrower Equity Jumps by $1 Trillion

first_img Borrower equity CoreLogic Home Equity Mortgage Loans Underwater 2014-09-25 Tory Barringer  Print This Post Underwater Rate Dips; Borrower Equity Jumps by $1 Trillion Servicers Navigate the Post-Pandemic World 2 days ago September 25, 2014 1,577 Views in Daily Dose, Featured, Headlines, News The nation’s negative equity rate dipped closer to single digits in the year’s second quarter, though nearly one in five borrowers remain poorly positioned, according to new data released Thursday.Property information firm CoreLogic reported that nearly 946,000 homes returned to positive equity in the second quarter, meaning the mortgage holders owe less on their loan than the property’s worth. With the most recent quarterly increase, CoreLogic estimates the total number of mortgaged homes with equity across the country has surpassed 44 million.In total, borrower equity increased year-over-year in Q2 by approximately $1 trillion nationwide—”evidence that things are moving solidly in the right direction,” said Sam Khater, deputy chief economist for CoreLogic.”Borrower equity is important because home equity constitutes borrowers’ largest investment segment and, as a result, is driving forward the rise in wealth for the typical homeowner,” Khater said.As of the end of June, the company estimates approximately 5.3 million homes (10.7 percent of all mortgaged houses) were still underwater, down from 6.3 million homes (12.7 percent) in the first quarter and 7.2 million homes (14.9 percent) last year.The national aggregate value of all homes in negative equity status was $345.1 billion at the end of the quarter.While the overall rise in equity marks another positive step forward for the housing market, it’s undercut by the fact that nearly 9 million homes are “under-equitied,” meaning the properties have less than 20 percent equity. Out of that group, 1.3 million have less than 5 percent equity, putting them just barely above water.With so little equity, CoreLogic explained under-equitied or near-negative borrowers may have a more difficult time refinancing their homes or obtaining the financing to sell and buy a new one.Even worse, those borrowers with near-negative equity remain at risk of going back under if home prices fall even slightly.At the same time, the bulk of positive equity is concentrated at the higher end of the housing market, leaving lower-priced homeowners—who need to trade up in order to open space for first-time buyers seeking affordable houses—still struggling.Out of all 50 states, Nevada had the highest percentage of underwater properties in Q2, posting a negative equity rate of 26.3 percent. Following that were Florida (24.3 percent), Arizona (19.0 percent), Illinois (15.4 percent), and Rhode Island (14.8 percent). Together, those top five states account for nearly one-third of negative equity in the United States.On the other end of the scale, Texas boasted the highest percentage of homes in a positive equity position, with 97.3 percent of properties above water. Alaska followed at 96.5 percent, with Montana (96.4 percent), North Dakota (96.0 percent), and Hawaii (96.0 percent) rounding out the top five. Tagged with: Borrower equity CoreLogic Home Equity Mortgage Loans Underwater Demand Propels Home Prices Upward 2 days ago Related Articles The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Underwater Rate Dips; Borrower Equity Jumps by $1 Trillion The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days agocenter_img Subscribe About Author: Tory Barringer Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: CFPB Official Discusses New Servicing Rules Next: Technology Leaders Launch Homeowner Solutions Platform Share Save Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington’s student newspaper before joining the DS News team in 2012. In addition to contributing to, he is also the online editor for DS News’ sister publication, MReport, which focuses on mortgage banking news. Sign up for DS News Daily last_img read more

Plea In Allahabad HC Questions Legality Of PM CARES

first_imgNews UpdatesPlea In Allahabad HC Questions Legality Of PM CARES LIVELAW NEWS NETWORK27 Aug 2020 6:25 AMShare This – xIn the backdrop of the recent Supreme Court verdict declining to transfer the funds from PM CARES to National Disaster Response Fund, a supplementary affidavit has been filed before the Allahabad High Court to ‘delimit the scope and field’ of a plea filed before it challenging the constitutional validity of PM National Relief Fund and the PM CARES Fund. The Petitioner, Anubhav Singh…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginIn the backdrop of the recent Supreme Court verdict declining to transfer the funds from PM CARES to National Disaster Response Fund, a supplementary affidavit has been filed before the Allahabad High Court to ‘delimit the scope and field’ of a plea filed before it challenging the constitutional validity of PM National Relief Fund and the PM CARES Fund. The Petitioner, Anubhav Singh has submitted that his petition is not the same as the matter directly and substantially in issue in the writ petition decided by the Supreme Court on August 18, 2020. SC Dismisses Plea To Transfer PM CARES Funds To NDRF; Says Fresh National Disaster Plan For COVID-19 Not Needed Represented by Advocates Shashwat Anand and Ankur Azad, Mr. Singh has submitted that the ambit, scope and reach of the instant Petition is “quite different, distinct and poles apart” from that of the petition decided by the Supreme Court inasmuch as, “the ‘matter’ in the latter petition is laced, laden and founded upon the ‘alleged motive of the Government’ in constituting the PM-CARES Fund; Whereas, the instant petition impugns the constitutional validity of the said Fund, along with other matters.” He pointed out that only two issues, relating to transfer of funds collected in the PM CARES Fund to the NDRF, are common between the two petitions. Significantly, the Supreme Court had dismissed the petition for transfer of funds from PM CARES to NDRF and had clarified that the Centre will be free to transfer the funds to NDRF as it deems appropriate and that individuals are at liberty to donate to NDRF. Since the Petitioner before the High Court had also sought that the money/ funds contained in the PMNRF and PMCARES Fund be transferred/ credited to the NDRF, he has now filed a supplementary affidavit to distinguish their pleadings from what transpired before the Top Court. The Petitioner has submitted that the following Questions, primarily pertaining to constitutionality of the PMNRF and the PM Cares Fund and applicability of the RTI Act to the PM Cares Fund, do arise for consideration in the petition filed by him: WHETHER, both the PMNRF (constituted in the pre-Constitutional era, as far as back as on 24/01/1948, to deal with disastrous situations when there was neither a law, nor any statutory fund already constituted) and the PMCARES Fund (constituted post-2005 Act by the Central Government on 28/03/2020, in the aftermath of the COVID-19 disaster outbreak) became redundant and void with the commencement of the 2005 Act, pregnant with the constitution of a statutory fund thereunder, being the NDRF, in view of the Section 72 of the said Act?WHEHER, the Respondent No. 1 has the power to constitute a public charitable trust, i.e., the PM-CARES Fund, otherwise than by law, in teeth of the Entry 10 of 8 the Concurrent List in the Seventh Schedule of the Constitution of India, 1950?WHETHER, the field of the PM-CARES Fund was already covered by the 2005-Act and the NDRF constituted thereunder, and as such the PM-CARES Fund is repugnant to the 2005 Act, muchless the NDRF, and hence, unconstitutional and void, to the extent of repugnancy, in view of Article 254 of the Constitution of India, 1950?WHETHER, in view of the above, the Central Government is under obligation to make full disclosure of the accounts, activity and expenditure details of the PM-CARES Fund to the public at large; And to make public the Trust-Deed of the PM-CARES Fund for the access of public generally; both, desirably, by publishing the aforesaid details and trust-deed, upon the Government website for all to see, and the accounts to be updated regularly: And to direct the audit of the PM-CARES Fund to be done by the Comptroller and Auditor General of India (CAG)?WHETHER, it is just and appropriate for the Prime Minister (PM), who is Chairperson of the National Disaster Management Authority (NDMA; National Authority under S. 3 of 2005 Act) which helms and controls the NDRF, to promote and call for funds for the non-statutory PMCARES Fund, instead of the statutory NDRF, thereby, in effect, subduing the statutory fund (NDRF) by the nonstatutory fund (PM-CARES Fund), and consequently, giving rise to clash of interest between both the said funds 9 and creating an outbreak for scramble of money/funds from the same source as contemplated under Section 46(1)(b) of the 2005 Act, and thereby, making the NDRF illusory and weakening, maiming and crippling the 2005 Act?WHETHER, further, in view of the above, the funds lying in both the PMNRF and the PM-CARES Fund, deserve to be transferred/credited to the account of the NDRF, which is the statutory fund, transparent in all respects, while, the said funds are opaque and are unavailable for the access of the public generally, for whose benefit they are purported to be meant for? The instant petition was filed in June this year by wo practicing Advocates of the High Court, Divya Pal Singh and Anubhav Singh, stating that the PMNRF and PM-CARES are unconstitutional and void, for not being backed by any law and for being at odds with the National Disaster Response Fund (NDRF), which was constituted by the Central Government under Section 46 of the Disaster Management Act, 2005 (DMA). The Petitioners had submitted that the Government does not have the power to create a Trust, otherwise than by an authority of law, as per Entry 10 of the Concurrent List under the Seventh Schedule of the Constitution. “Manifestly, the Constitutional Mandate for creating a trust by making a law is an implicit, mandatory and binding prohibition on the power of the Central Government or Prime Minister to create a non-statutory express trust (PMCARES Fund), opaque in nature, to collect money from institutions and public generally during outbreak of disaster (the COVID-19), while, there is a statutory fund, already in place (NDRF) for the same purpose constituted by the Central Govt. under 2005 Act,” the plea states. It was also contended that the NDRF would prevail over the PM-CARES Fund, in terms of Section 72 of the DMA, which stipulates that the Act has an overriding effect and prevails, notwithstanding anything inconsistent therewith, over every instrument or law for the time being in force. Inter alia, the Petitioners asserted that the NDRF is audited by the CAG and is subject to the Right to Information Act, and it is therefore more transparent when compared to the PM CARES Fund. The matter was first listed before a Division Bench of the High Court in July this year and the Union of India entered appearance on July 13, through ASG Gyan Prakash. Click Here To Download Affidavit Read Affidavit Next Storylast_img read more

People urged to give blood at Letterkenny clinic this week

first_img WhatsApp Facebook Previous article13 people awaiting beds at LUHNext articleRoad reopens following fatal overnight crash News Highland Facebook Pinterest Derry draw with Pats: Higgins & Thomson Reaction WhatsApp Harps come back to win in Waterford The Irish Blood Transfusion service is urging people to donate blood this week, as a blood donation clinic in Letterkenny will be open to the public.Blood collections are said to be down 20% last week due to a combination of good weather and a high demand from hospitals.The clinic will be open tonight at Trinity Hall from 6:30-9:30, and then from 2:30-5:00 and 7-9:30 until Thursday.Paul McKinney, Operations Director with the Irish Blood Transfusion service says supplies are low, and it’s vital that people give blood where possible:Audio Player Up/Down Arrow keys to increase or decrease volume. FT Report: Derry City 2 St Pats 2 Twitter Google+center_img Google+ Pinterest Twitter News, Sport and Obituaries on Monday May 24th By News Highland – September 23, 2019 People urged to give blood at Letterkenny clinic this week AudioHomepage BannerNews DL Debate – 24/05/21 RELATED ARTICLESMORE FROM AUTHOR Important message for people attending LUH’s INR cliniclast_img read more