Banks said to be petrified by ICB report

first_img Share Show Comments ▼ Banks said to be petrified by ICB report Thursday 7 April 2011 8:43 pm whatsapp EXECUTIVES at Barclays are preparing for a “disaster” scenario when the Independent Commission on Banking (ICB) releases its interim report on Monday, which could involve an ultra hard-line ring-fencing of bank functions.Banks are said to be “petrified” that the report could signal a major industry overhaul. In pre-briefings this week, analysts have been told that a hard-line model could stop just short of breaking up ownership of retail and investment banks, but could impose restrictions on cross-selling financial products between subsidiaries.That would mean, for example, that a retail bank would not be able to hedge its sale of a variable-rate mortgage by buying an interest rate swap from its investment banking arm, or that it would have to demonstrate that it was doing so on the product’s merits alone, rather than because of a widespread culture of cross-selling.Analysts at Societe Generale estimated this week that “full subsidiarisation… could reduce [Barclays] group profits by circa 30 per cent” – slicing £2bn off the bank’s bottom line.However, other analysts think that such a harsh approach is ultimately unlikely, even if the ICB lays out the possibility on Monday.The banks have secured a minor concession that allows them to view the report half an hour before it is published at 7am, but this will probably not give them time to produce much more than a generic statement before markets open. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBeDrones Capture Images No One Was Suppose to SeeBetterBecenter_img KCS-content More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com whatsapp Tags: NULLlast_img read more

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CIEL Textile Limited (FKL.mu) Q12016 Interim Report

first_imgCIEL Textile Limited (FKL.mu) listed on the Stock Exchange of Mauritius under the Investment sector has released it’s 2016 interim results for the first quarter.For more information about CIEL Textile Limited (FKL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the CIEL Textile Limited (FKL.mu) company page on AfricanFinancials.Document: CIEL Textile Limited (FKL.mu)  2016 interim results for the first quarter.Company ProfileCIEL Textile Limited is engaged in the manufacturing and sale of knitted garments locally and internationally. The countries in which the company sells these products include Mauritius, Madagascar, Asia, and South Africa. Within the company’s production line, there are fabrics, jersey-wear garments, t-shirts and polo shirts, sweatshirts, joggers, and knitwear. CIEL Textile Limited operates the sale of its products through the company’s subsidiaries such as Harris Wilson, Blu River, Aquarelle Shirt, and Floreal Boutique. The company is a subsidiary of CIEL Group and is based in Ebène, Mauritius. CIEL Textile Limited is listed on the Stock Exchange of Mauritius.last_img read more

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Cheap UK share: 1 FTSE 100 stock I can buy and hold till 2025

first_img Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Enter Your Email Address See all posts by Manika Premsingh Simply click below to discover how you can take advantage of this. Cheap UK share: 1 FTSE 100 stock I can buy and hold till 2025 I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img Manika Premsingh | Saturday, 6th February, 2021 | More on: RDSB I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. “This Stock Could Be Like Buying Amazon in 1997” Many pandemic-affected FTSE 100 stocks have bounced back in the rally since November 2020. Not oil stocks, though. The Royal Dutch Shell (LSE: RDSB) share price is still 35% lower than it was last year at this time. I reckon, however, that oil companies like RDSB are in for better times at the stock markets in 2021.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Here are three reasons why:#1. Global recovery and lockdown lifts I think 2021 is going to be a year of recovery for a number of reasons. Vaccinations are underway, marking the beginning of the end to Covid-19. US-China relations could be less hostile this year. And an amicable Brexit deal has been achieved. Even though companies’ financials are weak and public debt is ballooning, I reckon growth is about to kick in. Additionally, as lockdowns ease, we will be able to travel more freely. Both higher growth and lifting of lockdowns will increase oil demand, which was been hurt in 2020. This is good news for FTSE 100 oil stocks like RDSB.#2. High liquidity and bargain buys The massive quantitative easing that took place to reduce the blow from the pandemic has buoyed equity markets around the world. The UK is no exception. With easing unlikely to be withdrawn anytime soon, and investors feeling bullish, I think it’s quite likely that the stock market rally will continue. As share prices get chased up, investors look for still-low-priced stocks to buy as bargains. I think RDSB is one of them. #3. Profits and dividend increase for RDSBShell’s profits have taken a sharp plunge this year. For the full-year 2020, its profits are one-fourth of what they were last year. But in a poor year for oil prices and demand, I take solace in the fact that the oil biggie has actually managed a profit. It would appear that Shell is also optimistic about its prospects, going by the dividend increase it announced earlier this week. After it cut dividends last year in April, it has increased them twice since. There’s a chance that it may do so again. RDSB is one of the most stable dividend-payers among FTSE 100 companies. I reckon that unless there’s another severe disruption like Covid-19, we can expect a passive income from the stock to continue. For this reason, I think it’s going to be a draw for income investors this year. It has a 4% yield right now, which isn’t bad.Risks aheadThe above might make the RDSB story seem all roses and honey from here, but it isn’t. As they say, if it sounds too good to be true, it probably is. This cheap UK share comes with its risks. The biggest one is the increasing shift away from fossil fuels to more climate friendly ones. The star of electric vehicles is on the rise, which means lower long-term demand for oil. How will oil biggies like RDSB manage this change? That remains to be seen. The takeawayFor that reason, I’d consider buying this cheap UK share and holding it for the next four to five years, and re-assessing evolving trends. Till then, I expect to have seen an increase in my capital and earned a passive income as well from this investment.  Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.last_img read more

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France vs Australia November 2012 – Full Match

first_imgTuesday Nov 13, 2012 France vs Australia November 2012 – Full Match Watch the full France vs Australia Test match from the Stade de France in ParisView match highlightsTime: 2:05:59Credit: LelostreamADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Full Matches Related Articles 52 WEEKS AGO FULL MATCH: Umaga, Rokocoko, McAlister and… 54 WEEKS AGO FULL MATCH: Lions upset world champion Springboks… 58 WEEKS AGO FULL MATCH: Scotland and Samoa go down to… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyDoctors Stunned: She Removes Her Wrinkles With This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living10 Types of Women You Should Never MarryNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

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Free mapping tool tracks philanthrophically-funded media projects

first_img About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1  75 total views,  1 views today A free interactive mapping and research tool has launched that shows the full scope of philanthropically-funded media projects worldwide since 2009.The tool, Foundation Maps for Media Funding, has been developed by Foundation Center, and is available on the Media Impact Funders’ website. It gives users access to the numbers, networks and trends surrounding media and philanthropy.Foundation Maps for Media Funding is a follow up to an earlier data map, updated taxonomy, and report, Growth in Foundation Support for Media in the United States, released in 2013 and features:Grants from 2009 to present, with comprehensive data through 2013Greatly expanded data with global reachImproved search options and filtersDownloadable information and charts“Constellation” tool to visualize relationships between funders, grantees, and grantsThe data in the map has been collected in a number of ways, from Foundation Center’s databases, which are comprised of grants information received directly from foundations or collected from their IRS Forms 990 and 990-PF; and from foundation websites and other public sources.Vince Stehle, executive director of Media Impact Funders, said:“Media is one of the most powerful tools for social change, and philanthropy is using media to address pressing global challenges in remarkable and diverse ways. Whether supporting mobile banking platforms to address global poverty, strategic communications to address healthcare disparities, or documentary film on critical environmental issues, media is at the nexus of funders’ work, and this new map shows how central media has become to a broad network of philanthropic strategies across all funding areas.” Advertisement  76 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1center_img Free mapping tool tracks philanthrophically-funded media projects Tagged with: media Technology Melanie May | 4 July 2016 | Newslast_img read more

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Ten more charities join Legacy Foresight programme

first_img Tagged with: legacies Melanie May | 25 July 2017 | News Advertisement  106 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis9 WWF and Battersea Dogs & Cats Home are among ten charities joining Legacy Foresight’s In-Memory Insight Programme for 2017-18.The ten new members bring the total number of member charities to 53. In addition to WWF and Battersea Dogs & Cats Home, the other charities joining the Legacy Foresight programme are: Alzheimer’s Research UK, Wood Green, Cornwall Hospice, Greenwich & Bexley, Hospiscare, Martlets Hospice, St Christopher’s Hospice and Trinity Hospice.The 2017-18 programme will focus on the funeral directors’ role in in-memory donations. It will build on the six previous years of research into the sector, which has covered a range of themes including fundraising in-memory through events, charities use of in-memory products and the influence of social and digital media in-memory. Over the past six years over seventy leading charities have been involved in the programme, including twenty hospices.Meg Abdy, Director, Legacy Foresight said:“Donating at or after a funeral is the most common way to give in memory, representing 38% of all in-memory donations and may be the donor’s all-important first step in the in-memory giving journey. Their initial experience – often via a funeral director – can make a huge difference to whether they continue to give or fundraise in memory. At a time where the industry is fast-changing and highly competitive, we’re excited to explore how can charities form mutually beneficial relationships with this key group.” Ten more charities join Legacy Foresight programme AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis9  105 total views,  1 views today About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.last_img read more

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Protest at running fine on TV reporter for refusing to reveal sources to court

first_img Help by sharing this information March 31, 2004 – Updated on January 20, 2016 Protest at running fine on TV reporter for refusing to reveal sources to court Jim Taricani of WJAR-TV10 was fined for contempt of court for refusing toreveal his sources to a judge. The confidentiality of sources has repeatedlybeen a bone of contention between the courts and journalists in the UnitedStates. Reporters Without Borders voiced outrage today at the running fine imposed on local reporter Jim Taricani of WJAR-TV10 in Providence, Rhode Island, for refusing to reveal his sources to a court. Federal judge Ernest C. Torres on 16 March found Taricani to be “in contempt of court” and ordered him to pay 1,000 dollars a day until he revealed his sources. Payment of the fine has been delayed while Taricani appeals.”Once again US justice is threatening the confidentiality of sources, which is the cornerstone of press freedom,” Reporters Without Borders secretary-general Robert Ménard said. “Forcing journalists to identify their sources jeopardises the basis of investigative journalism, so essential to democracy,” Ménard added.The organisation urged the appeal court to reverse Judge Torres’ decision.Taricani is refusing to reveal the identity of the person who gave him a videotape that was made in the course of an FBI undercover investigation. Screened on 1 February 2001, the tape shows a senior Providence city hall official accepting a bribe from an FBI informant. Both the official and mayor Vincent “Buddy” Cianci Jr subsequently received prison sentences of more than five years for corruption.A special investigation was ordered into the leak as the videotape was subject to a protective order issued by a federal court in August 2000 expressly forbidding lawyers, investigators or defendants from disseminating tapes connected with the case to “avoid compomising the ongoing grand jury investigation”. Judge Torres said in October 2003 that the need to know Taricani’s source outweighed any harm that might be done to the right to the free flow of information.Taricani told the local press he would not reveal his sources because he felt he was protected by the constitutional First Amendment right to free expression. His lawyer has appealed, thereby delaying execution of the fine imposed by Judge Torres.The confidentiality of sources has repeatedly been a bone of contention between the courts and journalists in the United States. A federal judge ordered five journalists with the New York Times, the Los Angeles Times, the Associated Press and the TV network CNN to reveal their sources in October 2003. They were all covering the case of Wen Ho Lee, a scientist who was accused of spying and later cleared. The judge ruled that Lee had a right to know which official was responsible for the leaks that led to the news reports that he was suspected of spying.Journalist Vanessa Leggett was imprisoned for nearly six months for contempt of court in July 2001 after she refused to reveal to a Texas court the content of her interview with a crime suspect. RSF_en Follow the news on United States WhatsApp blocks accounts of at least seven Gaza Strip journalists United StatesAmericas to go further News Facebook’s Oversight Board is just a stopgap, regulation urgently needed, RSF says June 7, 2021 Find out more News News News Organisation NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say Receive email alerts United StatesAmericas June 3, 2021 Find out more April 28, 2021 Find out morelast_img read more

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‘Nicholas St has that neglected look’ – Adams

first_imgTwitter ON walkabout during his recent visit to Limerick city, the Sinn Fein president, Gerry Adams, did not shy from commenting critically about Nicholas Street.“It is very disappointing to find that such a street, located in the historic centre of the city and just 100 yards from City Hall, is so neglected,” he observed.Sign up for the weekly Limerick Post newsletter Sign Up Mr Adams, who was accompanied by two of his party’s local election candidates, Maurice Quinlivan and Tom Collopy, had earlier presented First Dail commemorative packs for distribution to all four city libraries, to the city librarian in Watchhouse Community Library, followed by a visit to the site for the proposed new training centre (for which planning permission was recently granted) in Moyross.On Thursday,  he addressed over 200 people at a public meeting in the Strand Hotel, where he spoke on the topic: “Irish unity Makes Economic Sense,” which was followed by an open discussion focusing on Sinn Fein’s economic policies and the party’s proposals to put Limerick people back to work.Discussions and meetings with the city’s business sector on Friday were followed by a courtesy call on Mayor John Gilligan in City Hall.During his visit, Mr Adams confirmed that Tom Collopy and Maurice Quinlivan will stand for Limerick City East and North respectively in the June elections and that there is a very strong likelihood that a third candidate will be added to represent the southside of the city. Our picture shows Sinead Fahy was St Marys Park pictured with Sinn Fein Leader Gerry Adams as he had a walkabout on Nicholas St, Kings Island in Limerick City on Friday. Pic. Brian Arthur/Press 22.  NewsLocal News‘Nicholas St has that neglected look’ – AdamsBy admin – February 18, 2009 518 Previous articleSinnott demands care for cancer patientsNext articleFair play sought for clubs at Caledonian Park admin Advertisement Linkedincenter_img Facebook Email WhatsApp Printlast_img read more

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Hensarling’s Communication Control Faces Criticism

first_img 2017-05-08 Seth Welborn The Best Markets For Residential Property Investors 2 days ago Seth Welborn is a contributing writer for DS News. He is a Harding University graduate with a degree in English and a minor in writing, and has studied abroad in Athens, Greece. An East Texas native, he also works part-time as a photographer. Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Hensarling’s Communication Control Faces Criticism Demand Propels Home Prices Upward 2 days ago May 8, 2017 946 Views About Author: Seth Welborn in Daily Dose, Featured, Government, News A letter from Financial Services Committee Chairman Jeb Hensarling (R-Texas), originally sent in April to Treasury Secretary Steven Mnuchin, informed Mnuchin of the Financial Services Committee’s intention to retain control of all communication between the committee and the Treasury. The letter was released by Buzzfeed on Thursday. Additional letters by Hensarling to other government agencies were released by the Associated Press.Hensarling stated that communications between government agencies committee staff and members often include sensitive and confidential information that should not be released.“All such documents and communications constitute congressional records not ‘agency records’ for purposes of the Freedom of Information Act, and remain subject to congressional control even when in the physical possession of the” agency, Hensarling wrote in the letter to Mnuchin.Under the 1967 Freedom of Information Act, Congress is exempt from requests for records and material, and as Hensarling stated, communications between the Financial Services Committee and various branches of government constitute congressional records.Financial Services Committee Ranking Member Maxine Waters (D-California), criticized Hensarling’s letters.”Anytime he’s called on it, he says that Congress has the right to conduct oversight. And while Congress does have that right, it is the height of hypocrisy for him to take such extraordinary measures to shield himself from the oversight of the American public,” Waters said in a statement. “People should ask themselves: What is he trying to hide?”Jeff Emerson, a committee spokesman, called the letter a reminder of legal obligations.  He said a federal appellate court recognized in 2004 that records created by the Treasury Department at the request of Congress are not considered agency records if Congress intended to retain them, and that the court has long recognized that Congress’ constitutional oversight role may be threatened if agencies don’t maintain the confidentiality of congressional records.“This newfound liberal outrage is just performance art,” Emerson said in a statement. In response to waters, Emerson noted that she had known of the letters for over a month. Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily  Print This Post Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: The Week Ahead: Eyes on the Treasury Next: Serving the Underserved Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Hensarling’s Communication Control Faces Criticism Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribelast_img read more

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Announcing Laurie A. Maggiano Legacy Award Finalists

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Dana Dillard, EVP for Corporate Social Responsibility, Mr. Cooper Dana Dillard joined Nationstar (the predecessor of Mr. Cooper) in 2013 and held various leadership roles during the years, most recently taking on the duties of EVP for Corporate Social Responsibility. In her work, Dillard is responsible for the company’s industry and government relations, nonprofit engagement, community outreach, and its Office of Diversity & Inclusion.“It is an honor for me to be considered for the Laurie Maggiano Legacy Award because of my friendship with Laurie,” Dillard said. “While we did not always agree on some topics, we both always wanted the best for the industry and for our customers. No one could wear that regulator hat like Laurie—where she would say what needed to be said, and then sit down and ask about your family.”Dillard has more than 25 years’ experience in the mortgage industry, with experience in multiple corporate capacities. Prior to joining the company, she was an SVP for Servicing at GMAC RESCAP. During that time, she was prominent In the HOPE NOW alliance and worked with hundreds of struggling families trying to save their homes. For that work, she received the Five Star Institute’s Humanitarian of the Year award in 2009.Having survived the first housing crisis, Dillard is putting that experience to work with the recent pandemic-related housing issues and is a key player in industry discussions on the topic. On the diversity front, she built the company’s program from scratch and has seen it grow to 17 employee resource groups with more than 3,500 active members. Eighty-seven percent of Mr. Cooper employees think it is a great place to work and that belonging component is a direct result of the hard work of the Cooper Resource Teams and D&I leaders.Laura C. LaRaia, Chief Legal Officer and General Counsel, First Guaranty Mortgage Corp. Laura LaRaia has dedicated her career to the mortgage industry over the last 25-plus years and first joined First Guaranty Mortgage Corporation (FGMC) in 2018. Her career has left a legacy of passion, expertise, and leadership based on empathy.During 2020, LaRaia has been a crucial leader in ensuring that FGMC could safely navigate the economic turmoil created by the COVID-19 pandemic. She took charge in examining how the components of the CARES Act would impact mortgage lending by investigating the legal implications of the legislation and charting a course of risk guidance.With experience working both in lenders’ legal departments and in a law firm, she has extensive legal, compliance, governance, and risk management knowledge. At FGMC, LaRaia is leading her teams in the roll-out of the revised Uniform Residential Loan Application and oversaw the completion of multiple early and successful audits for the company by embracing collaboration, innovation, and a “can-do” attitude.“Many women in our industry provided a hand up to me and believed in me,” LaRaia said. “In turn, I have provided opportunities to many women and other individuals with whom I have worked who are coming up through the industry ranks to grow, succeed, and to help to provide the dream of homeownership throughout the country.”LaRaia serves as a member of the MBA’s Legal Issues and Regulatory Compliance Committee and the MBA’s State and Legislative Regulations Committee. Additionally, LaRaia was featured recently in the DS5 interview series and is a speaker for the upcoming Five Star Virtual Conference.She graduated from the MBA’s Future Leaders program in 2008. She has been a frequent speaker at the MBA’s annual Regulatory Compliance Conference and an advocate through the trade group’s Mortgage Action Alliance.Suzy Lindblom, COO, Planet Home Lending, LLC Throughout her four-decade career, Suzy Lindblom’s central focus has been understanding what drives satisfaction for business partners, customers, and employees.An award-winning leader and industry expert, Lindblom drives operational success by knowing the numbers and loving the people. She relishes the challenge of building a business by bringing people together and motivating them to succeed.Lindblom is known throughout the mortgage banking industry as an outstanding communicator and leader with a knack for identifying and mentoring future leaders. Her not-so-secret superpower is her ability to keep employees positively engaged while boosting productivity and business process efficiency.She joined Planet Home Lending in 2017 as EVP of National Operations and was promoted to COO one and half years later and now manages IT, Marketing, Human Resources, Fulfillment, Credit Risk, Distributed Retail Sales, and Strategic Initiatives. She was previously Managing Director of National Fulfillment and Operations at Stearns Lending and held leadership roles at MetLife Home Loans, NationStar Mortgage, Countrywide Bank/Bank of America, and CitiMortgage. During her time at Planet Home Mortgage, Lindblom was credited with developing process efficiencies within the company that resulted increased cost savings and improved customer service.”Being nominated for the Laurie A. Maggiano Legacy award in 2020 is an unbelievable privilege, and I am humbled to be considered,” Lindblom said. “This award shows the strength of women in the mortgage industry, which the namesake and previous recipients have embodied in their careers. I am very passionate about the mortgage industry and will continue to assist in bringing it to the next generation, not only in homeownership but in potential careers.”Susan Stewart, CEO, SWBC Mortgage Corp.Under the leadership of Susan Stewart, San Antonio-headquartered SWBC Mortgage has grown from three employees serving the Texas market to more than 650 employees in over 70 branch locations across 43 states. The company generates $3 billion in annual sales and has a servicing portfolio of more than $10 billion.Stewart’s leadership abilities have been recognized across the industry. She is Chairwoman-Elect of the MBA, is a Past Vice Chairwoman of MBA’s Residential Board of Governors, and is a current board member of Opens Doors Foundation, the trade group’s philanthropic endeavor. She is also a past president of the Texas Mortgage Bankers Association and the San Antonio Mortgage Bankers. In an interview with San Antonio Woman magazine, Stewart credited the corporate culture at SWBC in nurturing her skills when she joined the company in 1989.“When I first came here, they celebrated every success I had, big or small,” she recalled. “Even if I make a mistake, I know it is my responsibility to resolve it and move on.” She added that “kindness and trust are part of the company’s DNA” and she seeks to pay that attitude forward in encouraging the next wave of women in mortgage banking.“You might go into a job interview and meet only men in senior executive positions, but there is no reason that you cannot earn one of those positions in the future,” she stated. “Don’t worry about if you like the job, worry about if your employer is pleased with your work. Work hard, and you will succeed. Be completely honest. Change jobs if you are stuck, and keep moving forward.”Maria Vergara, Director of Strategic Business Relationships Team, Fannie MaeMaria Vergara joined Fannie Mae in December 2018, after four years as President of NAHREP Consulting Services (NCS). At NCS, she worked closely with mortgage lenders who desired to improve their outreach to underserved markets. Prior, she spent 16 years at CitiMortgage as Director of Strategic Markets, where she was responsible for overseeing the company’s CRA goals, affordable, and minority lending. She previously held executive positions in organizations focused on Hispanic consumers as President and Co-Founder of Avanza Marketing Services, Director of Multicultural Markets at Edward Jones, and a licensed financial advisor at Prudential/ Wachovia.Vergara’s career has created a skillset that enables her to understand and respond to the financial and housing considerations of the multicultural consumer. Through her leadership, she has tirelessly advocated for the mortgage industry to move beyond stereotypes that persist regarding nonwhite communities.“Diverse markets are many times seen as the low- and moderate-income segment, but that is a narrow and short-sighted view,” she wrote in a 2018 blog post. “Although many minority groups are still working hard to fill the gap between their income and the income levels in the overall market, there has been a great deal of progress made.”As a result of her career, Vergara has helped numerous minority households achieve homeownership, enabling them to build a future of prosperity and economic stability.“These are unprecedented times,” Vergara said, “and I truly believe we all can make a difference to improve the world we live in. September is Hispanic heritage month, where we celebrate the contributions of Hispanic Americans. I am privileged to work in this space and to continue to strive for racial equality for all Americans.” Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago In a year of challenges, it’s all the more important to recognize excellence. One way we do this at MReport is our annual September Women in Housing issue. Packed with content driven by female mortgage leaders, within this edition we also announced the 2020 Keystone Award finalists.Over the past few weeks we rolled out profiles of the women who were recognized as finalists in each of the five Keystone categories. Today we bring you the finalists for the last category the Laurie A. Maggiano Legacy Award. Named in honor of the late industry icon whose distinguished and accomplished career left an indelible impacting on housing, this award recognizes those women who through their tireless efforts, collaboration, and ingenuity have powerfully influenced the industry and homeownership nationwide. Finalists must have a minimum 10 years’ consecutive industry experience to qualify for this award.To read the rest of the finalist profiles click here—and stay tuned to the October issue of MReport where we will reveal which of these deserving women will take home the Laurie A. Maggiano Legacy Award. Servicers Navigate the Post-Pandemic World 2 days ago Rachel Williams attended Texas Christian University (TCU), where she graduated with Magna Cum Laude with a dual Bachelor of Arts in English and History. Williams is a member of Phi Beta Kappa, widely recognized as the nation’s most prestigious honor society. Subsequent to graduating from TCU, Williams joined the Five Star Institute as an editorial intern, advancing to staff writer, associate editor and is currently the editor in chief and head of corporate communications. She has over a decade of editorial experience with a primary focus on the U.S. residential mortgage industry and financial markets. Williams resides in Dallas, Texas with her husband. She can be reached at [email protected] Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Dana Dillard Fannie Mae First Guaranty Mortgage Corp HOUSING Laura C. LaRaia LLC Maria Vergara mortgage Mr. Cooper Planet Home Lending Susan Stewart Suzy Lindblom SWBC Mortgage Corp 2020-09-18 Rachel Williams Previous: The Week Ahead: Government Hearings on COVID-19 Response Next: Fannie Mae Report Details Housing’s ‘V-Shaped’ Recovery Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Related Articles Home / Daily Dose / Announcing Laurie A. Maggiano Legacy Award Finalists Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Rachel Williams Tagged with: Dana Dillard Fannie Mae First Guaranty Mortgage Corp HOUSING Laura C. LaRaia LLC Maria Vergara mortgage Mr. Cooper Planet Home Lending Susan Stewart Suzy Lindblom SWBC Mortgage Corp in Daily Dose, Featured, News, Servicing September 18, 2020 1,271 Views Announcing Laurie A. Maggiano Legacy Award Finalists The Best Markets For Residential Property Investors 2 days ago  Print This Post Share Savelast_img read more

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