Sanofi goes hostile with Genzyme bid

first_img Sanofi goes hostile with Genzyme bid whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPuffer fish snaps a selfie with lucky divernypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comConnecticut man dies after crashing Harley into live bearnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child French drugmaker Sanofi-Aventis yesterday carried through with its threat of launching a hostile bid for rival Genzyme.The firm has taken an offer of $69 (£44) a share directly to investors, valuing the firm at $18.5bn, after Genzyme management refused to negotiate.The move comes a month after Genzyme rebuffed an approach from Sanofi at the same price. Sanofi has since been talking to Genzyme investors, who it said were frustrated by the management’s stubborn approach.Sanofi’s unsolicited offer, all in cash, will expire on 10 December.Sanofi chief executive Chris Viehbacher said: “Sanofi-Aventis has a history of being a patient, disciplined buyer. We believe the offer will be successful ultimately.”Viehbacher, who wants to buy Genzyme to boost Sanofi’s drug portfolio as sales of older medicines decline, said his strong preference was for friendly talks, but he had decided to start a tender offer because of Genzyme’s refusal to enter discussions. Viehbacher said he met with Genzyme chief executive Henri Termeer but the talks were “unproductive”. Sanofi says it has also talked with Genzyme shareholders who own more than 50 per cent of the group, and these people support the bid. Share Monday 4 October 2010 9:14 pm whatsapp Show Comments ▼ Tags: NULL KCS-content last_img read more

Heroic in major sponsorship deal with CULT

first_img Formula 1 Maternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredUndoDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinition|SponsoredSponsoredUndoYourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoBrake For ItThis NASCAR Wife Turns Heads Everywhere She GoesBrake For It|SponsoredSponsoredUndobonvoyaged.comTotal Jerks: These Stars Are Horrible|SponsoredSponsoredUndoBetterBe20 Stunning Female AthletesBetterBe|SponsoredSponsoredUndo Cricket Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore Previous articleDouble delight for Zidane: French coach of the year; Madrid contractNext articleMCC strongly urges BCCI to support cricket in Olympics Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Football Cricket Facebook Twitter Cricket Heroic in major sponsorship deal with CULT TAGSCulteSportsHeroicRFRSH Entertaniment SHARE by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Like247 Sports50 Best College Football Players Of All Time247 SportsUndoGrammarlyAdvertisement Avoid Grammatical Errors with This Helpful Browser ExtensionGrammarlyUndoCapital One ShoppingThis hack can uncover JOANN discounts you don’t know aboutCapital One ShoppingUndo“By now most people have seen that esports is growing fast also outside the hardcore fan scene. Being the main producer of energy drinks, in CULT we have been looking for an optimal partner for a strategic partnership in a business that matches our target audience, growth, and values. We have been in discussions with Heroic and RFRSH Entertainment for a while, and I am in no doubt, we have found the perfect match. The team and the organization share basically all our values when it comes to passion, drive, playing to win and the courage to do, what others don’t,” said Brian Sørensen, Founder, CULT.“Being the first amongst the challengers in the market is a position that gives us space to act and push the borders. We love beating the ”big ones” and I know we share that feeling with the Heroic guys, who beat the World’s number one last year, and who as a team and as individual players hunger to do it again and Again. We both want results, and I look much forward to launching our co-operation with Heroic over the coming months. In many ways, RFRSH Entertainment has already made a huge impact on the esports scene and I am sure that CULT, together with RFRSH and Heroic, will be able to surprise quite a few people over the duration of our partnership,” Sørensen added.CULT has also released a promotional video, showing the Heroic team members at the energy drink premises.“As a brand and as a team, Heroic holds a huge potential for growth. At present they’re sub-top on the world rankings, but they have the skills to surprise even the best teams out there, and to become a strong contender for top 10. We always strive to work with Commercial partners with the desire and ability to contribute to the esports scene in a positive fashion and who have the ambitions to change the perception of esports. In this connection, we’re proud to team up with an organization like CULT,” Jakob Lund Kristensen, Co-Founder, RFRSH Entertainment said.“Performance is about a range of aspects including passion, dedication and the courage to think and do the unexpected. CULT is well known in Denmark to ”challenge normal” and on top of being a very lucrative deal CULT is known to involve itself deeply in the brands and products they work with. This will become obvious as we go along and the co-operation will be rolled out, and we’re all excited about what the future holds for this set-up,” Kristensen added.Besides a key position on Heroic’s jersey and all digital platforms, the partnership includes a co-operation on the product side to be announced at a later stage. Economically the deal is described as “substantial” without further details.Heroic is a newly founded and player-owned Counter-Strike: Global Offensive team, that competes among the very best globally. Created upon a solid pillar of friendship and dedication to the game, you can follow our quest to cement ourselves among the greatest teams in the world. Sports BusinessBrandsLatest Sports NewsNewsSport Share on Facebook Tweet on Twitter WTC Final LIVE: Jamieson says, ‘nice and pleasing to get Virat Kohli’s wicket’; Gill feels India could have got more wickets F1 French GP 2021: Max Verstappen pips Lewis Hamilton to win French GP, Perez finishes 3rd WI vs SA 2nd Test Day 3 Live: Rain stops play; South Africa in huge trouble, SA 66/6 (24.3 ov)- Follow Live Updates Cricket Football Cricket WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video Latest Sports News Danish esports organisation Heroic has announced a new, strategic partnership with energy drink company CULT.Heroic and their compatriot energy drink brand in a media release have described the association as a union of the brands made for each other. Cricket By Kunal Dhyani – January 11, 2018 WTC Final LIVE: Devon Conway continues red-hot form, slams fifty to provide New Zealand dream start RELATED ARTICLESMORE FROM AUTHOR Euro 2020 LIVE broadcast in more than 200 countries, check how you can watch Live Streaming of EURO 2020 in your country PSL 2021 Playoffs: Schedule, Timing, LIVE streaming, list of champions; all you need to know Euro 2020- Switzerland beat Turkey 3-1: Shaqiri’s brace keep Switzerland hopes alive; Turkey face exit from Euros BCCI to form committee to take call on compensating domestic cricketerslast_img read more

On this day: Washington delivers first State of the Union

first_imgShare on Facebook Tweet on Twitter On this day in history: January 8th, 1790On this day in 1790, President George Washington delivers the first State of the Union address to the assembled Congress in New York City.Washington began by congratulating the nation on the present favorable prospects of public affairs, most notable of which was North Carolina’s recent decision to join the federal republic. North Carolina had rejected the Constitution in July 1788 because it lacked a bill of rights. Under the terms of the Constitution, the new government acceded to power after only 11 of the 13 states accepted the document. By the time North Carolina ratified in November 1789, the first Congress had met, written the Bill of Rights and dispatched them for review by the states. When Washington spoke in January, it seemed likely the people of the United States would stand behind Washington’s government and enjoy the concord, peace, and plenty he saw as symbols of the nation’s good fortune.Washington’s address gave a brief, but excellent, outline of his administration’s policies as designed by Alexander Hamilton. The former commander in chief of the Continental Army argued in favor of securing the common defence [sic], as he believed preparedness for war to be one of the most effectual means of preserving peace. Washington’s guarded language allowed him to hint at his support for the controversial idea of creating a standing army without making an overt request.The most basic functions of day-to-day governing had yet to be organized, and Washington charged Congress with creating a competent fund designated for defraying the expenses incident to the conduct of our foreign affairs, a uniform rule of naturalization, and Uniformity in the Currency, Weights and Measures of the United States.After covering the clearly federal issues of national defense and foreign affairs, Washington urged federal influence over domestic issues as well. The strongly Hamilton-influenced administration desired money for and some measure of control over Agriculture, Commerce and Manufactures as well as Science and Literature. These national goals required a Federal Post-Office and Post-Roads and a means of public education, which the president justified as a means to secure the Constitution, by educating future public servants in the republican principles of representative government. Save my name, email, and website in this browser for the next time I comment. Poor George, I was reading about his death……I think his doctors killed him. They did so many horrid “treatments” trying to save him, and practically drained him of his blood…..and worked over him, while he laid in the bed and couldn’t hardly breathe, and argued with each other about how best to treat him…..George had so many health problems. One article I read, said he was the considered ” the sickest of our presidents” (well, up to now) that is…..LOL…..and he was the only US president to serve as president, while at the same time fighting in combat, and there will never be another person in our country, that will rank higher than his highest military honor ranking….ever! Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 TAGSGeorge WashingtonState of the UnionThe HIstory Channel Previous articleFive easy DIY projects to tackle this seasonNext articleAn exercise in futility with a road full of toads Denise Connell RELATED ARTICLESMORE FROM AUTHOR The Anatomy of Fear Mama Mia January 8, 2017 at 6:28 pm Reply 2 COMMENTScenter_img Reply Please enter your name here April 24, 2017 at 4:05 am You have entered an incorrect email address! Please enter your email address here Andy What combat was he involved in as president? The war of independence was long over by that point. Support conservation and fish with NEW Florida specialty license plate LEAVE A REPLY Cancel reply Please enter your comment!last_img read more

Antônio Bicudo Apartment / Vão

first_img Projects ArchDaily Antônio Bicudo Apartment / Vão Brazil “COPY” Photographs Year:  ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Architects: Vão Area Area of this architecture project CopyApartments•Pinheiros, Brazil 2017center_img Area:  50 m² Year Completion year of this architecture project CopyAbout this officeVãoOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsPinheirosBrazilPublished on February 06, 2018Cite: “Antônio Bicudo Apartment / Vão” [Apartamento Antônio Bicudo / Vão] 06 Feb 2018. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesSynthetics / AsphaltMitrexSolar RoofMetal PanelsAurubisCopper Alloy: Nordic RoyalPlumbingSanifloGreywater Pump – Sanifast®SWH190WoodLunawoodInterior ThermowoodMembranesEffisusAVCL Systems for FacadesSinksCosentinoBathroom Collection – Silestone® WashbasinsDoorsStudcoPocket Door Trims – CavKitWoodStructureCraftEngineering – Architectural & FreeformMetal PanelsRHEINZINKPanel Surface Finish – prePATINA-LineHanging LampsEureka LightingSuspended Lights – BloomMetallicsBaileyFacade Systems- I-Line Snap-On Feature ChannelMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Apartments Manufacturers: Iluminação, Serralheria, VidraçariaSave this picture!© Rafaela NettoRecommended ProductsDoorsJansenDoors – Folding and SlidingDoorsdormakabaEntrance Doors – Revolving Door 4000 SeriesSkylightsFAKROWooden pivot roof windows FYP-V proSkyDoorsSaliceSliding Door System – Slider S20Text description provided by the architects. The apartment Antônio Bicudo is located on the upper level of a three levels building, situated in the neighborhood of Pinheiros. The stand point requested by the future resident was that the 50m2 of the useful area were to be rearranged, so that the bedroom could be isolated from the remaining spaces. Considering it, the construction was realized almost without any demolition, which is quite unusual in remodeling projects.Save this picture!© Rafaela NettoThe extension of the already existing wall allowed the creation of a volume that shelters the bedroom, relocating it from the main facade, which was turned to the street, to the posterior one, where the windows faced an interior garden used by all the inhabitants. Besides preserving this resting ambient from the street sounds, the new establishment was also intended so that the proportions of the integrated living area (living room, kitchen and balcony) were balanced, as well as the natural light that falls upon which of them.Save this picture!IsometricIn the external facet, turned to the living room, the volume received iron elements (a shelf and a support furniture) that goes through 3.5 linear meters to get up books, electronics devices and the collection of LPs. Given that the building provides a collective laundry room at the ground floor, the area marked out to a private one at the flat was replaced by a big pantry cabinet (that holds not only food and household cleaning chemicals, but also a washing tank), embedded at the side facet of the mentioned volume.Save this picture!© Rafaela NettoSave this picture!© Rafaela NettoThe remaining wet areas were brought together in a unique transversal axis situated at the back of the apartment. On top of the bathroom are located the storage water tanks of the whole building so that the lining underneath the kitchen, the bathroom and the bedroom conforms a horizontal plan of a lower height, which is only interrupted at the living room area, where the ceiling leaves out the wood structure. Together, the lining and the volume untied to the ceiling were able to enlarge the social area, generating an additional space on the top of the volume that can be accessed by a metallic support stair.Save this picture!© Rafaela NettoProject gallerySee allShow lessA Virtual Look Inside Case Study House #10 by Kemper Nomland & Kemper Nomland JrArticlesBee Breeders Announces Winners of SKYHIVE Skyscraper ChallengeArchitecture NewsProject locationAddress:Pinheiros, São Paulo – São Paulo, 03178-200, BrazilLocation to be used only as a reference. It could indicate city/country but not exact address. Share Photographs:  Rafaela Netto Manufacturers Brands with products used in this architecture project ShareFacebookTwitterPinterestWhatsappMailOr Clipboard “COPY” Antônio Bicudo Apartment / VãoSave this projectSaveAntônio Bicudo Apartment / Vão Save this picture!© Rafaela Netto+ 16Curated by Pedro Vada Sharelast_img read more

Lloyds TSB chooses British Heart Foundation as charity of the year

first_img Howard Lake | 28 July 2008 | News Tagged with: corporate Lloyds TSB staff have voted the British Heart Foundation (BHF) as their Charity of the Year 2008-2010. The bank will aim to raise £2 million through staff and customer fundraising over the next two years: if successful, that would make it the biggest single contribution to the BHF from a corporate supporter to date.This is the first time Lloyds TSB has entered into a two year charity fundraising relationship.During the partnership staff and customers of Lloyds TSB, including Cheltenham & Gloucester and Scottish Widows will be encouraged to pledge to take part in various fundraising events, initiatives and activities. Staff have access to a dedicated website for the partnership featuring fundraising advice, materials and ideas for getting 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. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  22 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Lloyds TSB chooses British Heart Foundation as charity of the yearlast_img read more

Detroit remembers Viola Liuzzo

first_imgViola Gregg LiuzzoIn an era when many Civil Rights icons are unknown to youth, even those in the struggle, people are still working to keep alive the legacy of those who gave everything for justice.April 11 would have been the 90th birthday of Detroit Civil Rights martyr Viola Gregg Liuzzo. A mother of five and a nursing student at Wayne State University, ­Liuzzo heeded the call of Dr. Martin Luther King Jr. to organize in Selma, Ala., following the “Bloody Sunday” voting rights march.Liuzzo was only in Selma for a matter of days when the Ku Klux Klan caught up with her. On March 25, 1965, Liuzzo, who was white, and Leroy Moton, a 19-year-old African American, were shuttling people in and out of Selma when a car full of Klan members maneuvered to drive them off the road. Shooting from their car, the racists hit Liuzzo twice in the head, killing her instantly. Moton was wounded and escaped the attackers.One of the Klansmen involved in the terrorist attack was an FBI informant. The FBI then led a vicious smear campaign against Liuzzo and her family. Crosses were burned in front of her family’s home in Detroit.On April 10 this year, Wayne State University granted its first-ever posthumous degree to Liuzzo, an honorary juris (law) doctorate. WSU also placed a plaque on the campus in her memory and created a scholarship in her name at the School of Nursing. A park named after Liuzzo has been falling into disrepair for years, but a grassroots effort for its revitalization is now underway. Other events around the city also marked Liuzzo’s birthday and contributions to the struggle.Viola Liuzzo and other martyrs for justice will continue to inspire generations of revolutionary youth. Liuzzo’s courage will be forever ingrained in Detroit’s consciousness.Joe Mchahwar is a Detroit organizer with the revolutionary youth group FIST (Fight Imperialism, Stand Together).FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

NCGA Works to Keep Decision Makers Up to Speed on Corn…

first_img SHARE NCGA Works to Keep Decision Makers Up to Speed on Corn Ethanol SHARE Facebook Twitter Facebook Twitter The National Corn Growers Association’s Director of Biofuels recently took to the airwaves to spread the good news about corn ethanol. Dr. Pam Keck talked about a new report released from researchers in the Netherlands that shows current models assessing the impact of crops grown for biofuel production on land use to not accurately reflect current production and land use realities. According to Keck – the results of the study are great news and have important implications for those interested in improving the way in which policymakers determine the true environmental benefit of biofuels. For the first time ever – Keck says this study actually looked at the amount of global land use used for biofuel production instead of relying on the number used by others. They found farmers have made great strides in producing more crops using fewer resources. Over the last decade – according to the researchers – the increases in production agriculture have far outweighed any changes that have happened in the use of agricultural land for biofuels. In fact – Keck says they found that twice as much agricultural land has been used for urbanization – particularly in China and the European Union. Much more agricultural land has actually gone to other uses rather than for the production of biofuels. Keck explains that this finding is important because the findings used to determine the indirect land use score for biofuels are used to create public policy and the amount of ethanol that comes from corn that can go toward policy goals is limited – in part – because of this indirect land use score.Keck says NCGA works tirelessly to promote ethanol by showing how the newest scientific evidence is relevant to the decisions made about America’s national energy policies. According to Keck – NCGA keeps close track of the data coming out that relates to the determination of ethanol’s greenhouse gas score. This data is then taken to the people charged with setting biofuel policies – such as people at the Environmental Protection Agency and the California Air Resources Board. NCGA advocate for changes that would ensure the most accurate information possible is put into the models that are used when making decisions.Source: NAFB News service Home Energy NCGA Works to Keep Decision Makers Up to Speed on Corn Ethanol Previous articleFarmers and Ranchers Frustrated with CongressNext articleTough to Predict 2013 Indiana Fall Weather Conditions Gary Truitt By Gary Truitt – Oct 1, 2013 last_img read more

Planning Ahead to Manage Corn Rootworm

first_img Facebook Twitter By Gary Truitt – Jul 7, 2014 Planning Ahead to Manage Corn Rootworm SHARE SHARE Home News Feed Planning Ahead to Manage Corn Rootworm The best way to control future corn rootworm populations is to plan ahead – according to DuPont Pioneer entomologists. Entomologist Clint Pilcher says growers need a long-term plan to help reduce the risk of overwhelming corn rootworm populations and effectively manage the pest. Management goals should include reducing the population to maintain trait performance – according to Pilcher – instead of attempting to eradicate the pest. He suggests a set of best management practice strategies based on breaking the pest’s life cycle, managing pest populations and protecting yield potential with a hybrid including a Bt-trait. Pilcher says this allows growers to have more options available for CRW control. Growers should avoid using all CRW control options at once – according to Pilcher – and be aware of the pressure in their fields. He encourages growers to scout their continuous corn fields when silking begins and select higher-risk fields based on cropping history, trait use and planting times. Facebook Twitter Previous articleHeavy Rains Continued to Pour onto Indiana FieldsNext articlePrepare Now for a Successful Harvest Gary Truittlast_img read more

First Jazz Vespers of the Season Calabria Foti at All Saints

first_imgHerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeautyHerbeautyCostume That Makes Actresses Beneath Practically UnrecognizableHerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeauty10 Sweet Things You Should Tell Your Boyfriend ASAPHerbeautyHerbeauty Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Top of the News Community News More Cool Stuff Religious Music First Jazz Vespers of the Season Calabria Foti at All Saints October 12, 2014, 5:00 p.m. From STAFF REPORTS Published on Tuesday, September 30, 2014 | 10:40 pm Name (required)  Mail (required) (not be published)  Website  Subscribe First Heatwave Expected Next Week EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Calabria Foti (l) and trombone virtuoso Bob McChesney (r). Photo courtesy All Saints ChurchJoin All Saints Church to enjoy sultry vocalist Calabria Foti and trombone virtuoso Bob McChesney, who glean from the best of the Great American Songbook and the world of jazz.Music industry icons have gushed over Foti’s sensuous vocals, her uncanny ability to bring out the ‘bare essence’ of every lyric, and to scat like a demon. Legendary crooner, Johnny Mathis calls A Lovely Way To Spend An Evening, “some of the most beautiful and artistic music I have ever heard. It is a treasure….what a joy!” Songwriter Johnny Mandel says, “Calabria has all the technique and musicality one could want, and she has the ability to tell a story and touch everyone’s heart . . . one of the best CDs I’ve ever heard.” Trumpeter Chris Botti says, “Calabria is a gifted artist who puts her signature on each of these great standards”. In addition to her talents as a vocalist, Calabria Foti is also an accomplished violinist.Attendees gather in the intimacy of the Chancel for an extraordinary experience of jazz in-the-round. Childcare provided. If there’s a need for an elevator for accessibility, please arrive five minutes early.For more information, email [email protected] All Saints Church is at 132 N. Euclid Avenue, Pasadena (across Euclid from Pasadena City Hall) or visit 7 recommended0 commentsShareShareTweetSharePin it Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News Your email address will not be published. Required fields are marked * Business News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Make a comment Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

DS News Webcast: Monday 2/17/2014

first_img 2014-02-15 DSNews Related Articles Home / Featured / DS News Webcast: Monday 2/17/2014 Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Housing Inventory Continues Fall in January Next: Wells Fargo May Loosen Credit Requirements Is Rise in Forbearance Volume Cause for Concern? 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily About Author: DSNews in Featured, Media, Webcasts Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago The FHFA Office of the Inspector General released a report criticizing the fee collection processes of Fannie Mae and Freddie Mac. The report noted that from 2009 to 2012, Fannie Mae collected no late fees. While the company said the cost of implementing a fee collection program was too expensive, the inspector general argued Fannie Mae never considered potential benefits. The OIG said the cost of the estimated $5.4 million implementation could have easily been recouped by fees collected from the program.Freddie Mac was criticized by the OIG for a different problem. The report estimated the company lost $284 million in revenue from inconsistent fee collection. The inspector said lost revenue is unlikely to be collected, and ultimately hurts taxpayers. The OIG believes better reporting on assessed but uncollected fees will help stop lost revenue in the future.According to a report from Bloomberg, Bank of America is expected to cut 450 mortgage jobs from the company’s West Coast Offices. The bank reduced staff after new loan production fell short of internal forecasts. CFO Bruce Thompson cited a drop of 49% in retail originations to $11.6 billion in the fourth quarter. This is the fourth time in a year that Bank of America has reduced personnel. The firm cut 3000 employees in the last quarter of 2013. February 15, 2014 585 Views Subscribe Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save  Print This Post DS News Webcast: Monday 2/17/2014last_img read more