Regulators and Lawmakers Accelerate Coronavirus Response

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Seth Welborn in Daily Dose, Featured, Government, News Tagged with: Coronavirus  Print This Post 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. Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago March 20, 2020 1,183 Views Coronavirus 2020-03-20 Seth Welborn The Best Markets For Residential Property Investors 2 days ago Related Articles Demand Propels Home Prices Upward 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Regulators and Lawmakers Accelerate Coronavirus Response As the coronavirus pandemic continues to affect homeowners nationwide, regulators are making changes to keep Americans in their homes. This week, Fannie Mae and Freddie Mac announced numerous actions to protect those affected, either directly or indirectly, by the novel coronavirus.Included in the GSEs’ announcements is a reminder that homeowners impacted by this national emergency are eligible for a forbearance plan to reduce or suspend their mortgage payments for up to 12 months.“We are doing all we can to help those adversely impacted by the coronavirus, including by immediately suspending foreclosure sales and evictions during this challenging time,” said Donna Corley, EVP and Head of Freddie Mac’s Single-Family business. “These eviction and foreclosure stoppages are just one part of the comprehensive assistance we’re providing borrowers to help protect our communities. We are also expanding relief available through our well-known forbearance programs, allowing us to reach the majority of affected borrowers as expeditiously as possible.”FHFA Director Mark Calabria discussed with CNBC how forbearance will impact the credit scores of borrowers.“If you’re in a forbearance plan and you’re meeting the terms of that plan, it will not be reported to your credit bureau, there will not be a ding on your credit,” Calabria said. “If you don’t reach out to your lender and get a plan and don’t pay, you will get hit.”Alongside the GSEs’ announcements, the House Financial Services Committee released plans for a legislative package to provide a comprehensive fiscal stimulus and public policy in response to the coronavirus pandemic.“As the COVID-19 pandemic continues to spread, we have seen the devastating effects on workers, consumers, investors, markets, and the economy,” said Congresswoman Maxine Waters, Chairwoman of the House Committee on Financial Services. “Low income communities were already struggling before this crisis began and will likely be hit particularly hard by the coming recession. This is an urgent public health crisis that has quickly harmed our entire economy, and it demands swift and bold action. The Financial Services Committee will play a central role in that response.”The committee’s response includes at least $2,000 per month for all adults and $1,000 for each child, and a suspension on all consumer and small business credit payments and negative credit reporting, including mortgages.Shortly after the Financial Services Committee announced their plan, Committee Member Ben McAdams announced that he has been diagnosed with COVID-19.“I and my colleagues are all wishing Representative McAdams a speedy recovery and good health,” Chairwoman Waters said. “As a new Member of the Financial Services Committee this Congress, Representative McAdams is a tireless, hardworking advocate for Utahns, and it is no surprise that even now he is working from home to help his constituents.” Previous: Single-Family Homes are Shrinking Next: NMSA Proposes COVID-19 Response to Ensure Liquidity, Stability Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Home / Daily Dose / Regulators and Lawmakers Accelerate Coronavirus Response Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribelast_img read more

CONGRESS IS WRITING THE PRESIDENT A BLANK CHECK FOR WAR

first_imgFacebookTwitterCopy LinkEmailShare CONGRESS IS WRITING THE PRESIDENT A BLANK CHECK FOR WARBy Ron Paul While the Washington snowstorm dominated news coverage this week, Senate Majority Leader Mitch McConnell was operating behind the scenes to rush through the Senate what may be the most massive transfer of power from the Legislative to the Executive branch in our history. The senior Senator from Kentucky is scheming, along with Sen. Lindsey Graham, to bypass normal Senate procedure to fast-track legislation to grant the president the authority to wage unlimited war for as long as he or his successors may wish.The legislation makes the unconstitutional Iraq War authorization of 2002 look like a walk in the park. It will allow this president and future presidents to wage war against ISIS without restrictions on time, geographic scope, or the use of ground troops. It is a completely open-ended authorization for the president to use the military as he wishes for as long as he (or she) wishes. Even President Obama has expressed concern over how willing Congress is to hand him unlimited power to wage war.President Obama has already far surpassed even his predecessor, George W. Bush, in taking the country to war without even the fig leaf of an authorization. In 2011 the president invaded Libya, overthrew its government, and oversaw the assassination of its leader, without even bothering to ask for Congressional approval. Instead of impeachment, which he deserved for the disastrous Libya invasion, Congress said nothing. House Republicans only managed to bring the subject up when they thought they might gain political points exploiting the killing of U.S. Ambassador Chris Stevens in Benghazi.It is becoming more clear that Washington plans to expand its war in the Middle East. Last week the media reported that the U.S. military had taken over an air base in eastern Syria, and Defense Secretary Ashton Carter said that the U.S. would send in the 101st Airborne Division to retake Mosul in Iraq and to attack ISIS headquarters in Raqqa, Syria. Then on Saturday, Vice President Joe Biden said that if the upcoming peace talks in Geneva are not successful, the U.S. is prepared for a massive military intervention in Syria. Such an action would likely place the U.S. military face to face with the Russian military, whose assistance was requested by the Syrian government. In contrast, we must remember that the U.S. military is operating in Syria in violation of international law.The prospects of such an escalation are not all that far-fetched. At the insistence of Saudi Arabia and with U.S. backing, the representatives of the Syrian opposition at the Geneva peace talks will include members of the Army of Islam, which has fought with al-Qaeda in Syria. Does anyone expect these kinds of people to compromise? Isn’t al-Qaeda supposed to be our enemy?The purpose of the Legislative branch of our government is to restrict the Executive branch’s power. The Founders understood that an all-powerful king who could wage war at will was the greatest threat to life, liberty, and the pursuit of happiness. That is why they created a people’s branch, the Congress, to prevent the emergence of an all-powerful autocrat to drag the country to endless war. Sadly, Congress is surrendering its power to declare war.Let’s be clear: If Senate Majority Leader McConnell succeeds in passing this open-ended war authorization, the U.S. Constitution will be all but a dead letter.FOOTNOTE:  Ron Paul is a former Congressman and Presidential candidate.  Sharing 2Click to share on Facebook (Opens in new window)2Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Google+ (Opens in new window)Click to share on Pinterest (Opens in new window)Click to email this to a friend (Opens in new window)last_img read more

Clippers guards Avery Bradley and Patrick Beverley getting their shots back

first_img Kristaps Porzingis ruled out as Clippers, Mavericks set for Game 5; Follow for game updates Entering Tuesday’s game against the Philadelphia 76ers, Beverley had made 13 of his last 25 3-point attempts, dating to Dec. 15 in Oklahoma City.Sign up for Home Turf and get exclusive stories every SoCal sports fan must read, sent daily. Subscribe here.Through the first 21 games of the season, Beverley was shooting 35.3 percent overall and 30.3 percent from 3-point range. Then, in 15 games in December, he made 39.7 of his attempts from the field and 41.7 from beyond the arc.Bradley, who always is a stout defender, and usually stuck on the opponent’s most serious offensive threat, has been beginning to warm up offensively, as well.Through the first 15 games (he missed six with a sprained left ankle), Bradley had a field goal percentage of 35.7 percent while shooting 25 percent from 3-point range. Then in December, he shot 42.3 percent from the field and 34 percent from distance.“It’s a mix of (getting healthy) and trying to figure out my role,” Bradley said recently. “It’s a lot different than my role in the past, so just trying to pick my spots. It’s hard at times, but I gotta just continue to trust myself and continue to put work in, and everything else will pay off.” PRIDE NIGHTIn honor of their first full-fledged PRIDE Night, the Clippers did more than incorporate a rainbow motif into Tuesday’s game-time festivities. They also staged a pregame panel, where four representatives from the LGBTQ+ sports community spoke on their experiences, including being role models for fans.Among them, professional wrestler and activist Fred Rosser, who told a small crowd assembled on the City View Terrace: “I always say my fight is much bigger than inside the ring – it’s outside the ring, fighting bigotry and hatred and trying to be the voice of the voiceless when it comes to the LGBT community or anyone who gets bullied.“So here at Clippers PRIDE night, we’re making history,” Rosser added. “And I’m so happy to be here with family – because that’s what we are, we’re family.” Clippers hope they can play to their capabilities, quell Mavericks’ momentum Newsroom GuidelinesNews TipsContact UsReport an Error What the Clippers are saying the day after Luka Doncic’s game-winner tied series, 2-2 Panelists also included Paralympian Angela Madsen, activist and former women’s basketball coach Julie Shaw, and WNBA coach Curt Miller, the latter of whom the team was to honor with the Clippers Award for Equality and Diversity. Jason Jaramillo, the president of Lambda Basketball, moderated the panel.G LEAGUERS AT WORKThe Clippers assigned Johnathan Motley, who is on a two-way contract, back to the G League on Tuesday. After a week of inactivity with the big club, Motley didn’t skip a beat in the Agua Caliente Clippers’ 103-93 victory over the Salt Lake City Stars at Citizens Business Bank Arena in Ontario.In 27 minutes Tuesday afternoon, Motley had a game-high 28 points on 12-for-19 shooting, including going 2 for 5 from deep.Jerome Robinson also contributed to that victory. In his second G League game back after missing 13 games with a strained right foot, the lottery pick had 11 points on 4-for-13 shooting in 27 minutes. In his first game back on Dec. 28 at Stockton, the sharp-shooting guard played 17 minutes and had eight points.Related Articles For Lakers’ LeBron James, Jacob Blake’s shooting is bigger issue than a big Game 4 victory LOS ANGELES — If it seems as though Clippers guards Patrick Beverley and Avery Bradley have been better versions of themselves lately, it’s true.So say the numbers, and so says Coach Doc Rivers.“Most of that (is those) guys missed most of last season last year,” Rivers said of the two guards, both of whom were injured and missed 71 of 82 and 24 of 31 of their games, respecitvely, with the Clippers last season.“You see (Gordon) Hayward in Boston (improve) as the year goes on,” Rivers added. “You don’t miss a whole year in the NBA and just come back and play well, you just don’t. It takes time, it takes rhythm. And I think Pat is starting to figure out where those shots are coming from and he’s getting better at it.” Clippers vs. Mavericks Game 5 playoff updates from NBA beat reporters last_img read more