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Growing Giving the Pennies Way with Robson Green

By on June 16, 2021

first_img Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 5 December 2012 | News Tagged with: Celebrity Individual giving Pennies Foundation  45 total views,  1 views today Actor Robson Green explains how microdonations service Pennies works.The video was presented for the first time at Pennies’ second anniversary event at BAFTA in London on 26 November 2012.  46 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 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 GoodJobs.org.uk. Researching massive growth in giving. Growing Giving the Pennies Way with Robson Greenlast_img read more

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Bank of America Directs Relief to Hardest Hit Areas

By on May 31, 2021

first_img  Print This Post Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. May 31, 2016 989 Views Bank of America is nearly two-thirds of the way toward fulfilling its obligation under its 2014 RMBS settlement in which it agreed to pay $7 billion in consumer relief as part of a $16.65 billion settlement with the government and six states.In his fifth report on Bank of America’s progress toward fulfilling its settlement obligation, Professor Eric D. Green, Independent Monitor of the settlement, reported that he had conditionally approved approximately $295 million in consumer relief for Q4 2015. This brings Bank of America’s approved credit up to $4.44 billion, about 63 percent of the $7 billion the bank is required to pay under the terms of the settlement.The majority of the $295 million the bank provided in Q4 was for modifications to an additional 5,172 loans ($244 million, or 83 percent). About $46 million of the relief went to new loans extended to 4,496 low- and moderate first-time homebuyers, borrowers in Hardest Hit Areas, or borrowers deposed by foreclosures or short sales. Approximately $4.76 million of the relief went toward facilitating affordable housing, according to the Monitor’s report.Green stated that more than half of the relief provided by Bank of America so far has gone to those defined as Hardest Hit Areas by HUD, or the areas disproportionately affected by the foreclosure crisis. The relief provided by the bank has resulted in loan modifications in every state and the District of Columbia, or 47,117 census blocks total, according to the Monitor. The settlement has also financed 5,000 rental housing units so far, 68 percent of which are for HUD-designated Critical Needs Family Housing.“Most importantly, the data indicate that modifications for first lien principal reductions—the largest piece of intended consumer relief—are having their intended effect,” Green said. “The average principal reduction is 50.5 percent, the average loan-to-value ratio has been drastically reduced from 178 percent to 75 percent, the average interest rate has been more than cut in half from 5.42 percent to 2.11 percent, and critically, the average monthly payment has been reduced by $604 a month—nearly 38 percent. This directly and materially assists homeowners struggling to afford to stay in their homes.”Having paid nearly two-thirds of the consumer relief obligation, Bank of America is on pace to fulfill its consumer relief requirement well before the August 2018 deadline.On August 20, 2014, Bank of America settled with the Department of Justice and six states for a record $16.65 billion to resolve claims that the bank as well as its Countrywide, Merrill Lynch, and First Franklin divisions packaged and sold toxic mortgage-backed securities and collateralized debt obligations in the years leading up to the financial crisis.Under the settlement agreement, Bank of America agreed to pay $9.16 billion directly to federal agencies and six states; $7 billion in consumer relief, which may include first-lien principal forgiveness or forbearance, second-lien extinguishment, and community reinvestment and neighborhood stabilization; and $490 million for the payment of consumer tax liability as a result of consumer relief.For the monitor’s latest report, click here.For more information on the settlement, or to view an interactive map to see what types of relief are going where, click here. Home / Daily Dose / Bank of America Directs Relief to Hardest Hit Areas Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily About Author: Brian Honea Related Articles Share Save Previous: Congressional Grants to Aid More Struggling Borrowers Next: Existing-Home Sales Defy Unfavorable Oddscenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, News Tagged with: Bank of America Consumer relief RMBS Settlements Bank of America Directs Relief to Hardest Hit Areas Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Bank of America Consumer relief RMBS Settlements 2016-05-31 Brian Honea Subscribelast_img read more

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Muzaffarpur Shelter Home: Delhi HC Issues Notice In Brajesh Thakur’s Appeal Against His Conviction For Gangrape

By on May 26, 2021

first_imgNews UpdatesMuzaffarpur Shelter Home: Delhi HC Issues Notice In Brajesh Thakur’s Appeal Against His Conviction For Gangrape Karan Tripathi22 July 2020 12:28 AMShare This – xDelhi High Court has issued notice in criminal appeal moved by Brajesh Thakur against his conviction for gangrape in Muzaffarpur Shelter Home case. The Division Bench of Justice Vipin Sanghi and Justice Rajneesh Bhatnagar has issued notice to the Central Bureau of Investigation. On January 20, Additional Sessions Judge Saurabh Kulshreshtha had convicted Brajesh Thakur…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginDelhi High Court has issued notice in criminal appeal moved by Brajesh Thakur against his conviction for gangrape in Muzaffarpur Shelter Home case. The Division Bench of Justice Vipin Sanghi and Justice Rajneesh Bhatnagar has issued notice to the Central Bureau of Investigation. On January 20, Additional Sessions Judge Saurabh Kulshreshtha had convicted Brajesh Thakur for multiple grounds of rape, gangrape (section 376(d), IPC) aggravated sexual assault under section 6 of POCSO Act, criminal conspiracy, and offences under the Juvenile Justice Act. The court had also sentenced Thakur to life imprisonment till the remainder of his life for sexual and physical assault of minor girls at Muzaffarpur Shelter Home in Bihar. The court had also awarded life imprisonment to other 10 convicts, including 3 women. Among these 10 convicts, some were sentenced to imprisonment till the remainder of their lives. Several girls were raped and sexually abused at an NGO-run shelter home in Muzaffarpur, Bihar. The issue had come to light following a report by the Tata Institute of Social Sciences (TISS). Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

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