Tbilisi Symphony Orchestra & Jansug Kakhidze – Dances for Harp and Strings, L 103: II. Danse profane: Modere

Wrecking Ball – Miley Cyrus (Harp Cover)

Ça va bientôt faire deux mois que je n’ai pas posté de vidéos… Il est temps que je rattrape mon retard ! De nouvelles reprises sont à venir ;) Enjoy and sh…
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PRESENTADO POR LORENA Nací en la ciudad de Oaxaca un 8 de abril. De padre libanés, llegado a estas tierras a los siete años de edad, y de madre oaxaqueña. De…
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Broadview Mortgage Reports: Mel Watt Details the Agenda for the FHFA and the Conservatorships of Fannie Mae and Freddie Mac in the 2014 Strategic Plan


Orange, CA (PRWEB) May 20, 2014

On May 13th, 2014, FHFA Director Mel Watt outlined the three main strategies of the FHA and the Conservatorships of Fannie Mae and Freddie Mac. This is the first time that Watt has spoken in public since he was sworn into office on January 6th, 2014. The strategies are as follows: MAINTAIN, REDUCE, and BUILD, the FHFA outlines the strategies below.

MAINTIAIN (in a safe and sound manner), foreclosure prevention activities and credit availability for new and refinanced mortgages to foster liquid, efficient, competitive and resilient national housing finance markets.

REDUCE taxpayer risk through increasing the role of private capital in the mortgage market.

BUILD a new single-family securitization infrastructure for use by the enterprises and adaptable for use by other participants in the secondary market in the future.” (Federal Housing Finance Agency, “2014 Strategic Plan”)

Mel Watt included that these three strategies are the tasks that must be fulfilled by the FHFA, however it is the duty of Congress and the administration to pass housing reform legislation.

The first MAINTAIN component entails improving the enterprises single-family credit guarantee business. This means that Enterprise conservatorships will continue to maintain the $ 6.4 trillion liquidity of the secondary mortgage market and have minimized their losses by implementing foreclosure programs and refinance programs, which provided an innovative approach to lower risk and help many homeowners stay in their homes. The Enterprises must also tighten their credit standards such as higher credit score requirements, which would thus create a barrier of entry for low-income borrowers, but would also minimize the risk for another financial crisis as the Enterprises will have safer dollars. The safety of FHFAs endeavors as well as the stability of liquidity are the main responsibilities of the MAINTAIN strategy, and the two must go hand-in-hand to achieve such a goal.

With that being said, the FHFA also plans to explore ways to reach underserved, creditworthy borrowers. The FHFA will also see that proper prevention measures will remain in place such as the Home Affordable Modification Program (HAMP) and the Home Affordable Refinancing Program (HARP). The 2014 Strategic Plan contends, Since April 2009, over 3 million borrowers with mortgages backed by one of the Enterprises have refinanced mortgages through HARP. Additionally, there have been HARP refinances of loans guaranteed by Fannie Mae and Freddie Mac during this same time period. The FHFA has also launched the Servicing Alignment Initiative to make the servicing and loss mitigation efforts more effective by providing new guidelines for short sales, deeds-in-lieu, loan modifications, servicing standards, and compensatory fees, which have provided borrowers additional foreclosure prevention loss mitigation options.

Rather than the anticipated expansion of HARP, the FHFA plans to target the outreach of HARP. The rational for this is that with mortgage interest rates on the rise, not as many can benefit from the HARP program. In order to continue HARP, the FHFA must identify and reach out to the appropriate target market. The FHFA also plans to center focus on certain parts of the country that were hit the hardest by the foreclosure crisis. Efforts will include increasing loan modifications in targeted communities as well as matching properties with non-profits to ensure occupancy.

The second component to the strategic plan, REDUCE, entails reducing taxpayer risk while increasing the role of private capital in the mortgage market. The report contends that the objective here is to shift risk to private market participants and away from the Enterprises in a responsible way that does not reduce liquidity or adversely impact the availability of mortgage credit. This segment will focus on transferring taxpayer risk that currently exists to the private sector so that they assume a more significant portion of the risk and taxpayers assume less. They will deploy multiple risk-sharing transactions that can be possible to execute in varying market conditions.

Under REDUCE, Fannie & Freddie will have to reduce their retained portfolios of liquid assts by no more than $ 250 billion each by 2018. The plans to implement this must include meeting this goal despite contingencies or adverse market conditions.

The third component of the strategic plan is to BUILD a new single-family securitization infrastructure for use by the Enterprises and adaptable for use by other participants in the secondary market in the future. Under this component, the FHFA has worked with the Enterprises to develop a Common Securitization Program (CSP). As a result of the program, the Enterprises and CSP will leverage industry standard interfaces, industry software, and industry data standards where possible. They will also develop mortgage data standards to, improve accuracy, increase transparency, effectively assess risk, and create efficiencies for the Enterprises and mortgage industry participants.

Overall, the plan assumes the authority to increase the Governments role in the measures taken by Fannie Mae and Freddie Mac to mend the housing market. The report concluded with the message, As the FHFA implements this Strategic Plan, the agency will seek public input about core aspects of the conservatorships. FHFA looks forward to working with the Enterprise and all stakeholders to achieve the objectives detailed in this Strategic Plan.

In short, the 2014 Strategic Plan highlighted the following objectives:

1.

Marco Rosato Offers Eerily Original New Science-Fantasy Release


WOBURN, Mass. (PRWEB) August 08, 2013

In a world no longer blessed with virtue, there remains a place amongst the moving icebergs, cradled between the twilight of dreams, yet hidden from the nightmare of man. It is a sanctuary that has miraculously clung to its innocence a faraway place a place called Sealssong the place where seals come to give birth. Marco Rosato combines fantasy, action and a daring save the seals symbolic of the fight between killers of the environment and those who protect it. It is moving, poetic fiction that is Rosatos tribute to the resilience, beauty and innocence of harp seals.

A dying girl is about to find out that there are more things in life to fear than death itself. Born with gifts beyond that of natural reasoning, young Emma finds herself spirited away by an evil relative desperately seeking out her angelic powers in order to fulfill a most diabolical prophecy. Meantime, her tortured brother Kenyan is held captive in a haunted ship. She is sent to find Sealssong by this relative and in the process learns to exist in a world overflowing with wonders beyond her wildest dreams.

The evil relative is her aunt Decara, a tear-stealing villainess on a dastardly quest to find a sacred teardrop housed inside a purple stonein fact, the first teardrop shed by the sea itself. Decara sails the seas, capturing female harp seals to steal their tears and turn them into diamonds but it is the sacred teardrop that she most covets. For author Marco Rosato, who was traumatized as child upon seeing the destruction of harp seals, this teardrop possesses enormous powers, a great talisman worn by an orphaned baby harp seal named Miracle. It is the great spirit of the sea that Rosato invokes to protect the harp seals. Miracle must first learn to survive in a fantastic world confronting deadly seal hunters and the bloodshed they bring. For it is he who now inherits the powerful tear and it is he who Emma soon comes to realize that she must kill to fulfill the evil prophecy! Emma and Miracle, however, have formed a bond in friendship and she, along with Miracle, must find a way out of this dangerous dilemma.

Together, they will embark on the ultimate journey that could at last bring the light of peace to the world, or shadow it forever in darkness, with a malevolent midnight that will devour Sealssong and mankind for all time.

For more information on this book, interested parties may log on to http://www.Xlibris.com .

About the Author

A performer for over 30 years, Marco Rosatos talents include writing, acting, singing, and songwriting. His singing career began when he won a full scholarship with Fred Waring and the Pennsylvanians. Most of his career has been spent performing in popular piano bars and clubs in and around Los Angeles, California. Mr. Rosato is also at home on the theater stage. He has performed in productions on both coasts. He has played such roles as Daddy Warbucks in Annie; Julian Marsh in 42nd St. and The Beast in Beauty and the Beast to name a few of his most memorable roles. The author began writing at the early age of ten, where he taught himself how to type with the hopes of one day becoming a published author. Ever the consummate performer, he continues to perform in clubs and stage productions. When he is not performing, he is working on commercial CDs showcasing his music, as well as working on his next novel. Mr. Rosato presently lives in Woburn, Massachusetts, and is currently working on his next book stating that this time its going to be a ghost story.

Sealssong * by Marco Rosato

Publication Date: July 9, 2013

Trade Paperback; $ 23.99; 726 pages; 978-1-4836-3885-0

Trade Hardback; $ 34.99; 726 pages; 978-1-4836-3886-7

eBook; $ 3.99; 978-1-4836-3887-4

Members of the media who wish to review this book may request a complimentary paperback copy by contacting the publisher at (888) 795-4274 x. 7879. To purchase copies of the book for resale, please fax Xlibris at (812) 355-4079 or call (888) 795-4274 x. 7879. For more information on self-publishing or marketing with Xlibris, visit http://www.Xlibris.com . To receive a free publishing guide, please call (888) 795-4274.







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