The Industry Pulse: Updates on Continuity, CoreLogic and More

first_img About Author: Seth Welborn Demand Propels Home Prices Upward 2 days ago From acquisitions and technology to new partnerships, get the latest industry buzz in this update. The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Continuity, a provider of regulatory technology and compliance management systems (CMS) for financial services organizations, has acquired Ohio-based TraceRisk, a provider of cloud-based enterprise risk management (ERM) solutions.  With technical integration efforts now underway, Continuity becomes the first provider to connect the strategic aspects of enterprise risk management to the tactical oversight of compliance management on a singular, unified platform.“As the complexity of managing risk and compliance continues to escalate, Continuity’s product suite continues to expand to meet the challenges faced by financial institutions,” stated Michael Nicastro, Continuity’s CEO.  Nicastro continued, “Continuity paved the way as a first-mover in the world of automating compliance management, and we intend to build upon that innovation in ways that further enhance the capabilities of risk and compliance officers to confidently execute their roles.  As we grow and refine our product set, both organically and through acquisition, we will continue to incorporate technology solutions like TraceRisk to make integrated risk and compliance management achievable and cost-effective for institutions of all sizes.”__________________________________________________________________________CoreLogic, a global property information, analytics, and data-enabled solutions provider, announced the availability of its updated RCT Express reconstruction estimating and risk assessment solution that now includes the ability to provide valuations for large tract homes (LTH). This update gives insurers the ability to better assess and price LTH policies, bringing more powerful coverage adequacy tools to the insurance industry.“The rising popularity of large tract homes has created new challenges for insurers, who have historically struggled to distinguish these structures from high value homes that have more custom attributes,” said Benjamin Abbott, Product Manager for CoreLogic Insurance Solutions group. “Because of the size of these LTHs, many LTH homeowners policies have valuations more suitable for a custom home.”“With our latest RCT Express release, CoreLogic is making it possible for insurers to bring new levels of accuracy to their clients’ home property insurance policies, helping insurers continue to build trust and confidence with policyholders.” Abbott added.RCT Express is a reconstruction estimating and risk assessment solution that offers an unprecedented view of structure risk to support the underwriting workflow in helping insurance carriers extend the right coverage and better protect policyholders.__________________________________________________________________________RES.NET and Xactware have announced an integration between RES.NET and the Xactware RepairWise and XactPRM platforms. The combined solution, tailored for repair and renovation servicers and investors, supports every phase of the renovation process and allows servicers to analyze a wide variety of upgrade scenarios for each property before committing to a course of action.A large class of buyers are currently demanding an upgraded, aesthetically pleasing, turnkey property. These types of extensive renovations have even become a favorite with investors, with GSEs such as Fannie Mae finding value in the completion of large-scale renovations. By moving a property into a higher condition classification and attracting an expanded pool of buyers, servicers are reducing days on the market and the associated costs.“Critical milestones have to be accounted for throughout a repair or renovation project,” said Dave Obert, VP of Xactware PropTech Solutions. “The integration between these two solutions will organize, simplify and modernize that process.”While renovations have proven effective, they are also highly dependent on local factors such as the cost of labor and materials, communication with vendors across the country, and the accurate appraisal of comps, which can vary greatly even within a single city. The integration between Xactware and RES.NET provides a streamlined solution for this phenomenon—from value assessment, cost estimation and bid management, through scope approval, project tracking and performance analysis. The Repair Module now represents 460 regions across the United States and Canada. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News, Technology Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago The Industry Pulse: Updates on Continuity, CoreLogic and More Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / The Industry Pulse: Updates on Continuity, CoreLogic and More Share Save Related Articles October 3, 2019 1,677 Views Tagged with: Continuity CoreLogic Technology The Best Markets For Residential Property Investors 2 days ago Continuity CoreLogic Technology 2019-10-03 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Previous: Technology, Compliance Company Acquires Risk Management Platform Next: Helping Homeowners Through Foreclosure Reform The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribelast_img read more

Senate passes ‘jobs bill,’ restores Seal of Quality

first_img(Vermont Business Magazine) The Senate passed S288, the so-called jobs bill, that will use federal stimulus funds in an effort to put Vermonters back to work and encourage small business investment. An amendment to the bill restores the Vermont Seal of Quality program. The Seal is intended to assure consumers that the product, such as maple syrup or dairy products, is a purely Vermont product. The Agency wanted to end the program because they do not have the resources to enforce the strict regulations, and without that guarantee the program is neither valid nor effective. As for the jobs bill itself, the Senate had been chided by Governor Douglas for not moving the legislation through the process quicker. In response, the Senate passed the bill with House and Senate amendments 28-0. The title of S288 is “An act relating to the Vermont recovery and reinvestment act of 2010.” As for the Vermont Seal of Quality, under the Senate legislation, Vermont’s Regional Economic Development organizations will consider the applications to use the seal. “People from across the country have come to associate the Vermont Seal of Quality with quality, Vermont made brands,” said Senator Peter Shumlin.  “The Seal is an effective and valuable economic development tool and I am pleased that the Senate has found a way to continue its use.”The bill uses $8.6 million in federal stimulus funds to make investments into growing green businesses, job training and broadband expansion.“This bill invests in the Vermont businesses that will help lead us out of the recession and back into prosperity,” said Senator Vince Illuzzi, chief sponsor of the bill and Chairman of the Senate Economic Development Committee.The money will be invested as follows:        ●  $2.85 million for the Vermont Telecommunications Authority to expand broadband access ●  $1 million for the Vermont Jobs Fund.●  $1 million for loans to allow farmers to refinance their debt.●  $1 million for the downtown and village center tax credit program.●  $950,000 for the Vermont Training Program to provide employment training.●  $800,000 for loans to businesses harmed by the closure of the Lake Champlain Bridge●  $850,000 for an entrepreneur’s seed capital fund to provide money to growing green and agriculture businesses. ●  $100,000 for the Vermont Film Commission.●  $50,000 to temporarily restore the Seal of Quality program, which had been suspended by the Douglas Administration.The Senate’s amendment will now be considered by the House before proceeding to the governor for his signature.Source: Shumlin’s office. 4.9.2010last_img read more

New York State launches COVID-19 rent assistance program; find out if you qualify

first_img(WBNG) — New York State is offering rent assistance to help those who have lost income during the COVID-19 pandemic. To apply, you can find the online application at this link. A paper application is available here. New York State residentMedian income must have been below 80 percent of area median income prior to March 1, 2020. Find out that information here.Household must be “rent burdened”, meaning 30 percent or more of the gross monthly income is paid toward rent. You must have lost income between April 1, 2020 and July 31, 2020. New York State will require supplemental information to prove wages were lost during the required time frame. center_img Eligible households must meet the following criteria: The application is open for two weeks from July 16. If you qualify, New York State will provide up to four months of rent.last_img

Blake Griffin says Clippers are deeper, more versatile team

first_img WALL: ESPN’s Cossack at the head of the class PLAYA VISTA — Ready for power forward Blake Griffin playing center? Or bringing the ball down the court? Or playing the role of a facilitator? Or firing off 3-point shots? Griffin could be a man of many roles if this season plays out as he and the Clippers hope it does.The 2017-18 Clippers certainly appear to be a different team than in past seasons. They seem deeper and capable of presenting more looks, and more difficulties, for the opposition. They certainly figure to be less predictable while maintaining their entertaining style of play.Related Articles The Clippers can go big or small, depending on the opponent and the circumstances. They hope they’re a tougher team to play against, less predictable and more versatile than when the ball was in Paul’s hands for the majority of the game.“The way we play in general, with the ball moving and different guys having the ability to stop and make a play, to stop and shoot, pull up and get to the lane, we can do a lot of different things,” Griffin said. “That helps a lot.”Or playing center more often this season, Griffin said: “I don’t know how much it’ll happen. It depends on how we line up and how other teams line up. I’m fine with it. To me, I never get too caught up in the position thing. At the end of the day, you’re playing your game.“It matters on the defensive end. Offensively, it doesn’t change a whole lot.”BEVERLEY UPDATEDoc Rivers said he hoped Beverley (knee) could rejoin the team for all of Wednesday’s practice. Beverley is the last of the Clippers’ injured players to return to the practice court. Rivers expects Beverley to be sound enough to play Thursday in the regular-season opener against the Lakers.“There’s a chance he has to play under limited minutes,” Rivers said. Senior appeal propels Clinton Griffin, Chris Paul and DeAndre Jordan made up the Clippers’ Big Three in the past, but with Paul gone in a trade to the Houston Rockets in the offseason and nine new names on the roster, there’s more to the team than one, two or three threats.“We have a lot of guys who can contribute and put up big numbers and play key roles in winning games,” Griffin said Tuesday when asked how the Clippers’ new depth can translate into victories. “It’s not like two or three guys you have to key in on. We have a lot. Clippers land Camby in deal with Nuggets center_img “We have so many unique talents, it’s tough to game-plan (against the Clippers).”For one thing, Clippers coach Doc Rivers plans to employ a four-guard rotation of Patrick Beverley, Austin Rivers, Milos Teodosic and Lou Williams. Beverley and Austin Rivers are the expected starters, with Teodosic and Williams playing backup roles.Doc Rivers could mix and match his guards, though.The Clippers also have far more depth on the wing than in past seasons, starting with Danilo Gallinari and continuing with Wesley Johnson and Sam Dekker. The Clippers addressed a need for better perimeter shooting in the offseason and acquired Gallinari and Dekker in separate deals.Doc Rivers also could play Griffin with Jordan up front, as usual, but he also could play Griffin with Gallinari, going smaller. After all, the NBA is not as heavy with big centers who play with their backs to the basket as it once was in the days of Shaquille O’Neal and others. Man gets 6 years in JAG case Neighbors Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

Officials: Man Exposed Himself to Online Central Florida Class

first_imgSchool officials in Central Florida say a man exposed himself to students after hacking into an online class being held by a public school.Orange County Public Schools in Orlando told its teachers in a letter Thursday that the man had gained unauthorized access to the Zoom video conferencing lesson and exposed himself to the class.The document encouraged teachers to use the “waiting room” function in Zoom, which allows the host to control when a participant joins a meeting.A message was also sent to the parents of the eighth grade students at Wolf Lake Middle School who were affected.The Apopka Police Department has not said if a suspect has been identified, but told an Orlando television station that no arrests have been made.“Zoom is not a district supported application and the district has strongly encouraged teachers to use district supported applications such as Big Blue Button and Canvas for their video conferencing needs,” an Orange County spokesperson said.As with many school districts around the country, Orange County is conducting online classes due to the coronavirus pandemic.last_img read more

A’s top pick Kyler Murray makes decision on NFL Combine

first_imgOklahoma QB Kyler Murray has decided to attend the NFL … If Kyler Murray is actually going to be in camp with the A’s this spring, he’ll be taking at least a brief hiatus about two weeks into it.Murray is deciding to attend the NFL Scouting Combine in Indianapolis later this month, according to ESPN’s Adam Schefter. The combine takes place Feb. 26-March 4 in Indianapolis, just 11 days after Murray is expected to report along with the rest of the A’s position players Feb. 15 in Arizona.last_img

Saints’ Sean Payton says 49ers’ Jimmy Garoppolo ‘clearly’ a winner

first_imgBRADENTON, Fla. — Jimmy Garpopolo’s history with Sean Payton traces, of course, to their roots as Eastern Illinois quarterbacks.“I met him, he probably doesn’t remember it, but my freshman year. He came back and got his number retired at Eastern,” Garoppolo recalled.Has Garoppolo’s No. 10 jersey hasn’t gotten the same treatment at their alma mater?“No. No. I think I’ve got to do a little more, first. Ha!” Garoppolo said. SANTA CLARA, CALIFORNIA – NOVEMBER 24: Quarterback Jimmy …last_img

Entrepreneurship key to jobs for youth

first_imgA young craft artist at work in Upington in the Northern Cape, one of the poorest regions of South Africa. Selling craftwork is one small business that allows the unemployed to survive in the economy better than they did before. (Image: Brand South Africa) • Sandisiwe Gugushe Public Relations International: Brand South Africa +27 11 483 0122 +27 73 126 9128 [email protected] • CNN’s Richard Quest examines the rise of Africa• Cooperation, trade and education key to Africa’s success – Coleman• Seven reasons to be optimistic about Africa • The dividend of democracy: 20 years of economic growth • Global perceptions key to competitiveness and foreign investment By Shamin ChibbaIf South Africa is to overcome its problem of high youth unemployment, young men and women should look to running their own small businesses – and be taught how to do it from a young age. This was one of the ideas discussed at the CNN-Brand South Africa breakfast forum with CNN anchor Richard Quest, hosted by the Nelson Mandela Foundation in Johannesburg on 13 May 2013.The English-born journalist, who anchors Quest Means Business on CNN International, led a discussion that looked at South Africa’s role in the rest of Africa and in the world.Miller Matola, Brand South Africa’s chief executive, said an environment must be created in which entrepreneurial spirit and culture could thrive, but this would only be possible if entrepreneurship education started at a young age. “I have heard comments that entrepreneurship is something that happens when people are out of work. But I think we need a concerted and focused effort around youth entrepreneurship education.”Part of that education, he said, would be to make young people understand that failure is a part of being an entrepreneur and that perseverance was needed to get through hard times. But, Matola added, support structures would have to be there to ensure failed entrepreneurs did not fall out of the economy. “If you look in the US, a lot of entrepreneurs have failed before, but the system does not necessarily discard them,” he said. “What it does is give them another opportunity. We need to create mechanisms for that.”He said organisations funding entrepreneurs should learn to manage and deal with failed businesspeople. “It’s about how we coach, and mentor, and put back into the system those entrepreneurs – as opposed to discarding them.”When Quest asserted that South Africa had done a poor job of training entrepreneurs, Telkom South Africa chair Jabu Mabuza disagreed. Small enterprises, he said, are helping people survive the economy better than before.Colin Coleman, managing director of Goldman Sachs South Africa, said he encouraged budding entrepreneurs to start businesses as they have the potential to grow. He gave mobile network giant MTN as an example of a thriving South African company that grew from nothing. “Go for it, find your opportunity, find the capital and go build a business, because I think businesses will grow.” Young people’s place in democracyThe day before the forum, Quest was guest host for an hour on Gauteng’s Talk Radio 702. He said he was astonished at the number of young callers to the show who claimed not to have voted in the national elections on 7 May. “I couldn’t understand – especially in a country with a history of recent blood being shed so that people of all colours and races could vote.”But Matola countered that he believed the youth, particularly the “born frees” who only recently reached voting age, were becoming aware of their rights, responsibilities and the role they could play in sustaining the country’s democracy. “If you look at the comments of one of the young people today, the youth are basically crying out to get involved,” he said.Matola was talking about Bonolo Ramokhele, a member of the World Economic Forum Global Shapers programme, who claimed young South Africans were left out of discussions that would directly affect their future.It was important for the youth to play a part in ensuring they could shape the future of the country, Matola said. “This being the first election for the born frees, one hopes they gleaned insight from this, they learned from this and they really come to an understanding of how they need to exercise their democratic right to shape the future they want for this country.”He suggested that for young South Africans to become more involved, organisers of discussions such as the breakfast forum should ensure there was a panellist representing the youth.last_img read more

Good things to know about WEF Africa host Rwanda

first_img11 May 2016Kigali, Rwanda hosts the 26th World Economic Forum on Africa from 11 to 13 May 2016. The country is in the midst of an economic and social renaissance following over two decades of turmoil and uncertainty, building itself into one of Africa’s prominent emerging nations.Here is a list of things about Rwanda and its people you might not know to help you understand how the country has grown in the last twenty years.Gorillas and tourismDespite initial concerns from environmentalists, Rwanda has shown that one of its most popular tourist attractions, the mountain gorilla and other primate species are fully protected and treated with respect from locals and tourists.While prices to visit gorilla sanctuaries are considered steep, even for tourists, the majority of funds is put back into conservation projects which concentrates on increasing the numbers of endangered species. It also contributes to improving the lives of communities serving the sanctuaries. Conservation education is a high priority for the country resulting in a significant drop in gorilla poaching over the last ten years.In addition to gorillas, Rwanda boasts a rich biodiversity that includes protected rain forest and mountain areas containing a variety of primate species, plant types, mammal and reptile wildlife. It is all protected and promoted over and above global conservation standards.Bisoke Volcanoe, at the Volcanoes NP – Rwanda-, home of mountain gorillas @SavingGorillas @CASHP_GWU @GWMcFarlinLab— Jordi Galbany (@jordigalbany) September 30, 2015Coffee and economicsRwanda is the most densely populated country in Africa, with 80% of the population involved in agriculture, primarily subsistence farming. The country’s chief export is award-winning coffee and tea. Starbucks Coffee is one of the largest importers of Rwandan coffee products, emphasising support for smaller coffee growers.The country is heavily invested in microfinancing, economically developing small enterprise and encouraging entrepreneurship, particularly in rural areas. The focus of these cover a wide range of industries, including construction, transport, trade and services, production and processing of agricultural products.According to the World Bank, between 2001 and 2015, Rwanda posted an average annual growth of real GDP of 8%. This was driven mainly by the higher productivity in the agricultural and industrial sectors. The World Bank’s annual Doing Business 2016 survey selected Rwanda as the second easiest country in Sub-Saharan Africa to do business with.In the post-genocide period, Rwanda received 100% foreign aid. In 2011, that number decreased to 40%.According to the most recent McKinsey 7 Company’s report, Lions on the Move: The Progress and Potential of African Economies, Rwanda is ranked 6th on the continent.Three award-winning coffees from Rwanda showcase diverse flavors @SBUXRoastery @1912Pike— Starbucks_Eagan_Mall (@Starbucks_20688) April 22, 2016No plastic bagsLittering and dumping in Kigali is illegal so it has unofficially become one of the cleanest cities in the world. On the last Saturday of the month citizens between 18 to 65 years old gather for compulsory community service called umuganda meaning “coming together in common purpose to achieve an outcome” – to clean up litter.In 2008, the country implemented a nationwide ban on plastic bags, including removing bags brought in by tourists.Rwanda banned plastic bags years ago when other countries impose taxes on plastic bags.If they can do it so can we.— Faye Peters (@fayepeters) March 31, 2016Building new generations, building a futureAccording to stats from the World Health Organisation and the country’s ministry of health, Rwanda has seen a dramatic drop in infant mortality rates over the last ten years, dropping from 152 to 76 deaths per thousand.Participation in secondary schooling has doubled since 2006, and the enrolment rate in primary education has far exceeded the set Millennium Development Goal (MDC) target of 91%.Approximately 90.6% of Rwandans are enrolled in a community-based national health insurance system called Mutuelle de Sante. Begun in 1999, the system is arranged according to household allowance so people pay what they can afford. The system is installed in all hospitals and rural clinics. Life expectancy has doubled since the late 1990s to 63 years, according to the World Bank.The country has invested in world-class road infrastructure, including a safe, reliable transport system serving as a link between its cities and rural areas.Rwanda is a leading African digital nation, with free Wi-Fi available to all on public buses, in hospitals, taxi parks, commercial buildings and restaurants, and 95% of the population have 4G access.Rwanda is ranked as the fifth safest country in the world, according to the Gallup Global Law and Order 2015 Report, after Singapore, Hong Kong, Norway and Spain.The Rwandan parliament includes the highest percentage of female ministers in the world -63.8%.According to the 2015 Ibrahim index of African Governance, Rwanda has displayed consistent overall governance improvements since 2000. It is ranked number one in Africa for Gender Equality and one of the top five most improved countries since 2000.Gallup Global Report 2015 ranks #Rwanda as the safest place to walk at night in #Africa & 5th globally. #WEFAfrica— Government of Rwanda (@RwandaGov) April 25, 2016Source: AFKInsiderlast_img read more

Assam village mourns wild elephant that came to stay with them

first_imgA village in central Assam’s Kaliabor area on Sunday performed the last rites of a wild elephant that became a part of their lives after it met with an accident three years ago.Injured after being hit by a train, the male elephant found safety in the area around Hatimur village. The villagers took pity on his condition and started providing food.The villagers soon got used to the elephant and named him Burha Baba (old monk). “He was like one of us and never harmed us,” a villager said, adding the elephant’s body was found in the Tengabari area close by.Forest officials from Kaziranga, who conducted a post-mortem on the tusker, said the elephant was old and was suffering from diseases.“The people of the area were used to the presence of the old elephant who was not keeping well for some time,” honorary wildlife warden and elephant expert Kaushik Baruah said.last_img