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Questions for Tusla over child sex abuse allegations

first_imgAdvertisement Previous articleFree help to tackle school costsNext articleCouncillor warns of crack cocaine in West Limerick Staff Reporterhttp://www.limerickpost.ie Full engagement with EU Commission vital for farm scheme flexibility in light of Covid-19 Seven Young People from Special Care are the First to Achieve Gaisce Awards Facebook WhatsApp Twitter Email Fianna Fáil TD Niall Collins appointed as Minister of State EU agreement a positive outcome for farmers and rural Ireland center_img TAGSjusticeJustice Minister Charlie FlanaganMinister for Children and Youth AffairsNiall Collins TDTusla RELATED ARTICLESMORE FROM AUTHOR Linkedin THE terms of reference for a special investigation into Tusla’s handling of the alleged child abuse and neglect of 16 children in County Limerick have been sent to Justice Minister Charlie Flanagan for his urgent consideration.And Limerick Fianna Fáil TD Niall Collins is now seeking a clear statement on the issue, two weeks after concerns over delays in launching the investigation were first aired.Sign up for the weekly Limerick Post newsletter Sign Up Last March, the Special Rapporteur on Child Protection Dr Geoffrey Shannon was assigned to investigate the circumstances surrounding the State’s involvement in uncovering one of the worst child sex abuse scandals to come to light in recent times.16 children from four families are believed to have been at the centre of some of the most horrific paedophilic abuse, neglect and exploitation in the history of the State.The Limerick Post reported that the Special Rapporteur was assisting in drafting the terms of reference but delays in concluding the matter were being criticised.This week however, it has been confirmed Minister Flanagan’s department has a draft of the terms of reference for the scope of the investigation.Responding to Deputy Collins, Minister Flanagan confirmed that his department “recently received the draft terms of reference in question and they are currently receiving attention.“This matter is a complex and sensitive one and it is essential that careful consideration is given to the terms of reference. I can assure the Deputy that my views, and the views of my Department, will be communicated to the Minister for Children and Youth Affairs in the very near future.Read more news stories here. Print NewsPoliticsQuestions for Tusla over child sex abuse allegationsBy Staff Reporter – July 5, 2018 2169 The Limerick man who will steer Tusla through choppy waters Limerick TD says GLAS payments welcome but ‘much more action’ needed to support Agri-sector last_img read more

Watt Discusses FHFA’s Progress Toward Goals in Speech

first_img Watt Discusses FHFA’s Progress Toward Goals in Speech  Print This Post Home / Daily Dose / Watt Discusses FHFA’s Progress Toward Goals in Speech Previous: Neugebauer Introduces CFPB Reform Bill Next: Counsel’s Corner: Court System is Biggest Challenge in Foreclosure, Eviction Cases March 5, 2015 1,114 Views Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Tagged with: Conservatorship Scorecard FHFA Goldman Sachs Mel Watt Federal Housing Finance Agency (FHFA) Director Mel Watt discussed the progress toward the Agency’s three main goals – maintaining, reducing, and building – in a speech he delivered Thursday at the Goldman Sachs Housing Finance Conference in New York.These three goals are being tracked in the FHFA’s annual Conservatorship Scorecard, which was released in early January.”The annual Conservatorship Scorecard is FHFA’s mechanism for laying out our priorities and expectations for the Enterprises and our means of providing transparency to the public about what we expect,” Watt said.Watt said there are “no surprises” in 2015 when it comes to the first goal of maintaining. He outlined the Agency’s two objectives under this goal, which are to maintain, promote, and expand access to credit safely and soundly, and to continue the loss mitigation and foreclosure prevention activities of Fannie Mae and Freddie Mac.Two of the actions the FHFA has taken to fulfill the first goal of maintaining are to update and clarify the Representation and Warranty Framework Fannie Mae and Freddie Mac use to make sure that they loans they purchase meet underwriting guidelines and to update and enhance the Enterprises’ counterparty standards for mortgage servicers.”We believe that providing lenders greater certainty about when and under what circumstances they would be required to repurchase or take loans back onto their books and providing servicers updated guidelines about when they would be required to pay compensatory fees has moved the availability of mortgage credit in the right direction,” Watt said. “We expect the Enterprises to continue these efforts in 2015.”Also to fulfill FHFA’s goal of maintaining, Watt said both of the Enterprises planned to reduce the amount of non-performing loans in their portfolios. Earlier this week, Freddie Mac made its first NPL sale of 2015 when it auctioned off 1,975 loans with a UPB totaling $392 million. Last month in its 2014 Financial Summary, Freddie Mac reported that it helped 120,000 distressed borrowers avoid foreclosure through either loan modifications, repayment plans, forbearance agreements, short sales, or deeds-in-lieu of foreclosure – bringing the total number of homeowners the Enterprise has helped with a foreclosure alternative since 2009 up to 1.1 million.Under the goal of reducing risk to taxpayers by increasing private capital’s role in the mortgage market, Watt said 2014 was a “breakthrough year for the Enterprises’ single-family credit risk transfer program.” The Enterprises began a handful of transactions in the second half of 2013 that became programs of regular debt issuances known as STACR for Freddie Mac and CAS for Fannie Mae.”The ability and willingness of the Enterprises to provide historical loan performance data has greatly enhanced the ability of the market to achieve pricing that both serves the interests of investors and allows the Enterprises to meet their financial objectives,” Watt said.According to Watt, FHFA tripled the risk transfer requirement in the 2014 scorecard compared to $2013. Each Enterprise was required to transfer a portion of the single-family mortgage credit risk with a UPB of $90 billion, compared with the 2013 requirement of $30 billion. Both Enterprises executed credit risk transfer transactions on mortgages with a combined UPB of more than $300 million, significantly surpassing last year’s benchmark.On the “build” component of the 2015 scorecard, Watt discussed the objective of building a new securitization infrastructure for Fannie Mae and Freddie Mac that other secondary market participants would be able to use.”Last year was the first time that FHFA included the development of a Single Security as part of our conservatorship priorities for the Enterprises,” Watt said. “Our objective in adding this multi-year project to the agenda is to improve overall liquidity in the market, which will not only be beneficial to the Enterprises and other market participants, but will also benefit borrowers. It would also benefit taxpayers by reducing Freddie Mac’s costs that result from the trading disparity between Freddie and Fannie’s securities.”Watt said providing increasing levels of detail about the Single Security will be a “high priority” for FHFA in 2015. Conservatorship Scorecard FHFA Goldman Sachs Mel Watt 2015-03-05 Brian Honea Servicers Navigate the Post-Pandemic World 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. center_img Sign up for DS News Daily Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe in Daily Dose, Featured, News, Secondary Market Related Articles The Best Markets For Residential Property Investors 2 days ago About Author: Brian Honealast_img read more

Junior Golfers Begin Chase for World Ranking Points at Awa Ibraheem…

first_imgThe 6th edition of the Awa Ibraheem Junior Golf Championship expected to tee-off this weekend at Ikeja Golf Club has become the first junior golf event in the country that has secured the endorsement of the global body, R & A, to issue participant world ranking points.The event is scheduled to hold from October 17th to 19th at the Ikeja Golf Club in Lagos.Ninety players, have been screened by the technical team of the Nigeria Golf Federation (NGF) based on their National Order of Merit. They are all expected to be in Lagos for the three-day event. The sponsor of the tournament who is the President, Trustees of Ikeja Golf Club, Awa Ibraheem, said his passion to grow the game is well focused on the development of junior players.“There is quite a number of shaping that can be done to young athletes at this age. Apart from honing their skills, there is the need to sustain their interest.“I also use this platform to offer the exceptional players scholarship and encourage them to go to school or remain in school. I believe we will have well-rounded players when they do this. This will also preserve the heritage of the game,” observed Ibraheem who is also a former Captain of the host club.The first day of the event (October 17th ) has been set aside as the arrival and official practice day. The last two days (October 18th & 19th), are for main golf action where junior players will file out in different age grade categories for honours.The Director of Women & Youth Development, Nigeria Golf Federation, Ms Emy Ekong hinted that officials of the federation have been involved in the event from the planning stage and “it is all in the bid to be sure the international standards are met.”According to Ekong; “We have players that will compete in Under 9 years category, under 12, under 15 and under 17. This event is key on the calendar of the Federation, because of its importance and level of commitments of the team that puts it together. The World Ranking status of the event is also another point that confirms the quality of play at the event and organization that has been observed globally”.So far, entries for the 54 holes event cover major golf clubs in country including golf section of Ikoyi Club 1938 in Lagos; Ibadan Golf Club; IBB International Golf and Country Club, Abuja; Rosani Golf Club Ekiti; Lamingo and Rayfield Golf clubs in Jos; Otukpo Golf Club; Ibom Golf Club Uyo; Abeokuta Golf Club; Ibori Golf and Country Club, Asaba; Port Harcourt Golf Club; Golf clubs in Yola; Enugu; Bauchi and others.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more