Tag: 台州桑拿

Back to the Future

first_imgBack to the Future in Daily Dose, Featured, Government, News August 21, 2017 634 Views Share In a move reminiscent of the 2008’s increased popularity of subprime loans, the Office of the Comptroller of the Currency issued a bulletin Monday to national banks and federal associations that outlines practices to help manage programs that originate loans with a loan-to-value ratio over 100 percent. The idea behind the potential programs is to help stimulate depressed housing values in distressed communities.“Banks and thrifts play a critical role in keeping communities vibrant and helping struggling communities recover,” said Acting Comptroller of the Currency Keith A. Noreika. “Higher-LTV lending programs in communities targeted for revitalization can promote more healthy communities in a manner consistent with safe and sound lending practices.”The bulletin goes on to outline guidelines as to criteria for the loan that is to be originated. According to the OCC, the loan should be a permanent first-lien mortgage for the purchase, or purchase and rehabilitation of, an owner-occupied residential property. Further, the loan should have an original loan balance of less than $200,000 and “readily marketable collateral” if there is no mortgage insurance. It does make a point to exclude home equity loans, lines of credit, and refinanced loans.If banks want to follow the OCC’s guidelines and begin a program as outlined, they should notify the OCC at least 30 days before it intendeds on starting to originate loans. The OCC will review the lender’s proposal and assign an examiner to evaluate whether or not the program abides with safe lending practices. Once the program is underway, the OCC will continue to monitor the bank to ensure that the programs are successfully managed.And while sometimes a little risk is required, there are certain industry veterans that would avoid throwing caution to the wind so quickly. Ed Delgado, President and CEO of the Five Star Institute, is one of those veterans.“It is undoubtedly important to stimulate housing markets—especially in depressed areas—but lenders need to exercise caution, especially with high-risk loans of this nature,” he said. “left unchecked, running LTVs north of 100% can be a destabilizing force for both consumers and communities.” Share OCC 2017-08-21 Joey Pizzolatolast_img read more

Conference at Rice University to look at Brazil as a model for

first_imgShareMEDIA ADVISORYDavid Ruth713-348-6327david@rice.eduJeff Falk713-348-6775jfalk@rice.edu Conference at Rice University to look at Brazil as a model for affirmative-action policies in Latin AmericaHOUSTON – (Feb. 25, 2013) – Leading American and Brazilian scholars will gather at Rice University March 5 for a conference on “Beyond Multiculturalism? Brazil as a Model for Affirmative-Action Policies in Latin America.”Who: Leading American and Brazilian scholars in the fields of anthropology, government, history and sociology.What: Conference on “Beyond Multiculturalism? Brazil as a Model for Affirmative-Action Policies in Latin America.”When: Tuesday, March 5, from 8 a.m. to 6 p.m.Where: Rice University, Fondren Library, Kyle Morrow Room, 6100 Main St.According to conference organizers, in the past few years Brazil has implemented trailblazing, yet controversial, affirmative-action policies that have turned attention to racial discrimination and exclusion in the country’s political, economic and educational spheres. The conference will examine the historical trajectory of race-based policies in Brazil, affirmative action vis-à-vis multiculturalism as a model for racial justice in Brazil and the United States, the extent of everyday violence and racial exclusion in rural black Brazilian communities and affirmative action as a way of reclaiming a “birthright” for Afro-Brazilians.The conference is free and open to the public and hosted by Rice’s Humanities Research Center, Americas Research Center, the Dean of Humanities and Race Scholars at Rice, a program of the Kinder Institute for Urban Research. For more information, including the full conference agenda, see http://hrc.rice.edu/hrcconferences. For a Rice University map and parking information, visit rice.edu/parking.Members of the news media who want to attend should RSVP to Jeff Falk, associate director of national media relations at Rice, at jfalk@rice.edu or 713-348-6775.-30-Follow Rice News and Media Relations via Twitter @RiceUNews.Located on a 300-acre forested campus in Houston, Rice University is consistently ranked among the nation’s top 20 universities by U.S. News & World Report. Rice has highly respected schools of Architecture, Business, Continuing Studies, Engineering, Humanities, Music, Natural Sciences and Social Sciences and is home to the Baker Institute for Public Policy. With 3,708 undergraduates and 2,374 graduate students, Rice’s undergraduate student-to-faculty ratio is 6-to-1. Its residential college system builds close-knit communities and lifelong friendships, just one reason why Rice has been ranked No. 1 for best quality of life multiple times by the Princeton Review and No. 2 for “best value” among private universities by Kiplinger’s Personal Finance. To read “What they’re saying about Rice,” go to http://tinyurl.com/AboutRiceU.  FacebookTwitterPrintEmailAddThislast_img read more