CASA Vi / EV+A Lab Atelier d’architetturaSave this projectSaveCASA Vi / EV+A Lab Atelier d’architettura CopyAbout this officeEV+A Lab Atelier d’architetturaOfficeFollowProductsWoodStoneConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentSondrioItalyPublished on February 10, 2016Cite: “CASA Vi / EV+A Lab Atelier d’architettura” 10 Feb 2016. ArchDaily. Accessed 11 Jun 2021.
Howard Lake | 13 October 2011 | News Tagged with: Apple Digital infographic Research / statistics 38 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Source: mashable.com via Howard on Pinterest Advertisement Apple users donate higher average amounts, says Razoo.com According to US online fundraising site razoo.com, “Apple Users Are More Generous than PC and Android Users”. This apparent generosity applies across machine (Mac vs PC), browser (Apple’s Safari vs Microsoft Internet Explorer), and mobile device (Apple iPad and iPhone v Google Android or Blackberry).The conclusions are based on its analysis of donations received on its site. Razoo analysed more than 2 million visits and more than 130,000 individual donations totalling $15,983,806.The average donation by a Mac user was $126.40 (£80.99) and by a Windows PC user $117.87 (£75.53).The average donations by Web browser also showed Apple users at the top:• Safari $134.77• Internet Explorer $122.11• Chrome $113.00• Firefox $111.34Users of both Apple’s main mobile devices also topped the table:Average donation value by mobile device:• iPad $168.67• iPhone $102.80• Android $91.42• Blackberry $24• Windows $18.75Razoo has published its findings in an infographic which is currently attracting attention. Handily they have published it in US dollars and UK pounds.There are some gaps in the analysis: the operation system question looks at just Windows and Apple, both of the adding up to 100%. There is no mention, for example, of Linux users.Why should Apple users appear to donate more no matter which product they are using? It is possible, given Apple’s premium pricing, that they are mostly better off than PC or Android users. On the other hand, they may have less disposable income having bought an Apple product. Razoo pondered this, also suggesting “is it that maybe the devices themselves influence how much someone gives?”The figures apply only to Razoo’s users, so we shall have to see if they are matched by other online fundraising platforms such as JustGiving or Virgin Money Giving in the UK.In £ AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis www.razoo.com Source: assets-social.razoo.com via Howard on PinterestIn $ 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.
Former political prisoner Robert King, Sept. 17.WW photo: Joseph PiettePhiladelphia — In August 2011, Juan Mendez, the United Nations Special Rapporteur on Torture, stated that solitary confinement “may cause serious psychological and physiological adverse effects on individuals” and “violate the international prohibition against torture and cruel, inhuman or degrading treatment.” He called for the absolute prohibition of solitary confinement in excess of 15 days.Yet in the U.S. today at least 80,000 prisoners are held in some form of solitary confinement for prolonged periods. Around 25,000 people are in supermax prisons. According to the Pennsylvania Department of Corrections, there are 2,500 prisoners in solitary confinement in the state’s Restricted Housing Units, many for decades!Calling for the abolishment of solitary confinement, a spirited rally was led by the Human Rights Coalition in Philadelphia on Sept. 17. The next day, the organization Temple University for a Democratic Policy Committee of Pennsylvania held a hearing on the effects of solitary confinement.The HRC notes that with the increase in the number of U.S. prisons and prisoners over the last 30 years, “the use of solitary confinement has exploded, with little oversight by legal, legislative, or law enforcement agencies.” When complaints are filed, the DOC ends up “investigating itself.”Shandre Delaney, whose son Carrington Keyes spent 10 years in solitary confinement at SCI Pittsburgh in retaliation for his political beliefs, charged, “The DOC not only tolerates abuse, it is standard operating procedure.”Delaney added, “The Pennsylvania DOC was the training ground for Abu Ghraib.” Charles Graner Jr., the former U.S. Army reservist convicted in connection with the 2003-2004 torture and sexual, physical and psychological abuse of Iraqi prisoners of war, had served as a guard at SCI Greene.Delaney raised that 92 criminal accounts of sexual abuse of prisoners were filed against one officer at SCI Pittsburgh, but nothing was done. Former prisoner Dana Lomax Williams noted that many women hesitate to speak out about sexual harassment for fear of retaliation.DOC = Department of CrueltyTheresa Shoats, daughter of Black political prisoner Russell Maroon Shoats held in solitary confinement since 1983, called the DOC “the department of cruelty.”Shoats stated, “Our fight is not just for the 2 million people in prison, but against a prison system that affects people on the outside as well. Forty public schools are going to close in Philadelphia, while Graterford Prison is set to expand. We need to step in front of those bulldozers to save a child’s life.”Speakers at the rally and hearing stated that political activism and racism were often factors behind prolonged solitary detentions. Mumia Abu-Jamal, Pennsylvania’s best known political prisoner, spent nearly 30 years in solitary confinement on death row before his January 2012 release to general population, where he continues to challenge his 1982 conviction.Former prisoner Hakeem Shaheed charged that he was placed at the infamous supermax prison in Marion, Ohio, in retaliation for speaking out against torture and abuse within federal prisons and because of his Muslim beliefs.A highlight of the rally was an address by Robert King, the only freed member of the Angola 3, who spent 29 years in solitary confinement in Louisiana. Albert Woodfox and Herman Wallace, who along with King organized a prison chapter of the Black Panther Party in 1971, have spent over 40 years in solitary confinement after the death of a prison guard. An ongoing lawsuit and international movement are demanding their release.King compared the struggle to abolish solitary confinement to the abolitionist movement of the 1800s, noting that anti-slavery activists took a moral stand against a system that was protected by laws. “Like slavery, prisons are meant to dehumanize. Prisons are making big money, not just for the Correction Corporation of America, but for the U.S. government, the biggest profiteer.”At the hearing, psychologists Dr. Terry Kupers and Dr. Craig Haney emphasized how solitary confinement exacerbates mental illness. Kupers described the expansion of prisons and supermax facilities in the 1980s. Funding was cut for rehabilitative services while prisons began to see a rise in recidivism.According to a 2003 study by the Urban Institute, Justice Policy Center, while 95 percent of prisoners will be released back into their communities at some point, within three years nearly 7 out of 10 males will be rearrested and half will be back in prison.Robert Meek, of the Disability Rights Network, explained that 800 prisoners registered as having mental health issues are currently held in solitary confinement in Pennsylvania prisons, while beds at the state’s mental health facility sit empty.Jules Lobel, of the Center for Constitutional Rights, who testified via telecast, challenged the state’s contention that solitary confinement punishes the “worst of the worst.” Lobel represents prisoners at Pelican Bay State Prison in California who have engaged in hunger strikes to bring attention to their conditions.In Pennsylvania, the DOC maintains a “Restricted Release List” of prisoners placed in solitary confinement for indefinite periods of time. Those on the list can only be released with the approval of the DOC secretary, even when they have not committed any offense in years and have received no notice of their designation.Wrongly accused of the murder of a prison guard and held for years in solitary confinement in a California prison until his conviction was overturned, Shujaa Graham passionately told the state representatives conducting the hearing, “Do the right thing. Stop torturing people!”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
1 de junio comienza el mes del Orgullo. El expresidente Donald Trump lleva más de 130 días fuera el cargo. Pero los implacables ataques a la comunidad trans, especialmente a los jóvenes trans y a las mujeres trans de color, no muestran signos de ceder.En 33 legislaturas estatales, se han aprobado o presentado 117 proyectos de ley que niegan los derechos civiles básicos a las personas trans. Esto hace que 2021 sea un año récord para este tipo de legislación intolerante, según la Campaña de Derechos Humanos. La mayoría de estos proyectos de ley se dirigen a los jóvenes trans, que ya tienen una tasa de suicidio desproporcionadamente alta.Todos los estados, excepto dos, tienen proyectos de ley que prohíben a los deportistas trans participar en deportes que no se corresponden con el sexo que se les asignó al nacer, especialmente en los deportes femeninos. Los proyectos de ley perpetúan el mito de que las mujeres trans representan un peligro para otras mujeres y niñas -que en realidad son hombres que se visten de mujer porque son depredadores sexuales que buscan acceso- o que tienen algún tipo de ventaja competitiva injusta. Los gobernadores de tres estados han firmado proyectos de ley de este tipo, con nombres que suenan inocuos como “Ley de Equidad en el Deporte Femenino”.Ni la ciencia ni las estadísticas respaldan estos estereotipos retrógrados. “Creo que estas respuestas excluyentes son una solución en busca de un problema”, dijo Melanie Willingham-Jaggers, directora interina de GLSEN, una organización de defensa de los jóvenes LGBTQ+. “No hay un dominio categórico de los atletas trans, pero sí entendemos los beneficios categóricos para los jóvenes que practican deportes”. (CNN, 15 de abril) Las niñas y las mujeres se enfrentan a muchos obstáculos en el deporte, ninguno de los cuales tiene que ver con la participación de los atletas trans, y todos ellos provienen de la discriminación patriarcal.Veinte estados tienen proyectos de ley para negar a los adolescentes trans la terapia que les salva la vida, incluyendo el asesoramiento trans y la terapia de reemplazo hormonal. La mal llamada “Ley para salvar a los adolescentes de la experimentación (SAFE)” de Arkansas se convirtió en ley después de que la legislatura anulara el veto del gobernador Asa Hutchinson.Otros proyectos de ley bloquearían los planes de estudio transpositivos, prohibirían a los profesores referirse a los alumnos por su identidad de género e impedirían que los documentos de identidad estatales, como los permisos de conducir, reflejaran la identidad de género de una persona. Estos ataques legislativos se suman a las “leyes de baño” aprobadas anteriormente, que han impedido a la mitad de los jóvenes trans utilizar el baño correspondiente a su identidad de género.Todo esto sucede a pesar de la orden ejecutiva de Biden del 8 de marzo, que establece que “todos los estudiantes deben tener garantizado un entorno educativo libre de discriminación por razón de sexo, incluida la discriminación en forma de acoso sexual, que abarca la violencia sexual, e incluye la discriminación por orientación sexual o identidad de género”.Hay que poner fin a estos proyectos de ley perjudiciales, pero sólo la lucha masiva puede detenerlos.¡Las vidas trans negras y morenas importan!Cuando aún no ha transcurrido la mitad del año, en 2021 se han producido al menos 26 asesinatos violentos de personas trans, la gran mayoría de ellas mujeres trans negras, indígenas y latinas. Si la tendencia continúa, 2021 será el año más violento para las personas trans desde que HRC comenzó a hacer un seguimiento de sus muertes en 2013. El año pasado fue el más violento, con 44 asesinatos; desde 2013 ha habido 200.Los factores que contribuyen al alto nivel de ataques viciosos contra las mujeres trans de color incluyen la pobreza y la falta de vivienda, las relaciones íntimas abusivas, la falta de atención de salud física y mental, la no aceptación de las familias biológicas y la dependencia del trabajo sexual para sobrevivir. Todas estas condiciones tienen su origen en el estigma y la discriminación contra las personas trans y su intersección con el racismo y el sexismo.La discriminación en muchos ámbitos de la vida está bien documentada. La mayoría de las personas trans informan de comentarios intolerantes por parte de sus familiares. Más de 1 de cada 10 han sido aconsejadas por profesionales de la salud mental para que dejen de ser transgénero. Los medios de comunicación suelen utilizar nombres erróneos y nombres falsos, incluso en la información sobre víctimas mortales.El desempleo de los transexuales triplica el promedio nacional, y es aún mayor cuando se suma a la discriminación racista y sexista.La policía no protege a la comunidad trans de la violencia intolerante. De hecho, se encuentran entre los asesinos de las personas trans, incluyendo a Tony McDade, un hombre trans negro al que la policía de Tallahassee, Florida, disparó fatalmente el 27 de mayo de 2020.Se necesita urgentemente una respuesta militante de la clase trabajadora para defender a la comunidad trans. Los movimientos LGBTQ2S+, progresistas y laborales deben demostrar unidad y solidaridad contra la intolerancia.El Caucus LGBTQ+ de Workers World Party/Partido Mundo Obrero ha iniciado una convocatoria para una semana de acción del 14 al 21 de junio.Nosotros decimos: ¡Defiende a la juventud trans! ¡Detener los ataques antitrans! ¡Las vidas trans negras, morenas e indígenas importan! Organiza una acción donde vives. FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
Hailu previously spent 18 months in detention after being arrested along with five other members of the Zone 9 collective under Ethiopia’s terrorism law in April 2014. Zone 9 was awarded RSF’s Press Freedom Prize in the citizen journalist category last year. Colleagues reported Hailu’s latest arrest to Agence France-Presse. Zone 9’s Facebook page says he was arrested in connection with an interview he gave to Voice of America’s Amharic-language service on 31 October. The police are said to be holding him at a police station in the Addis Ababa district of Kotebe. Zone 9 bloggers still being harassed Hailu and the five other Zone 9 members arrested in April 2014 were initially charged with “working with foreign organizations claiming to defend human rights” and “receiving funding in order to incite the public to violence via social media.” They were subsequently charged with violating the terrorism law. Two of the six detained Zone 9 members were released on the justice minister’s orders in July 2015, shortly before a visit to Ethiopia by US President Barack Obama. The other four were acquitted and released in October 2015. A seventh Zone 9 member who was tried in absentia was also acquitted. However, the prosecutor’s office appealed against their acquittal to the supreme court, which is due to hold a hearing on the appeal today. “We call on the authorities to bring no charges against the citizen journalist Befekadu Hailu and to free him at once,” RSF editor-in-chief Virginie Dangles said. “We also urge the supreme court to uphold the acquittal of the Zone 9 bloggers. The prosecution was unable to support the charges against them at their trial and no new evidence has been produced since then.” Natnael Feleke, one of the Zone 9 members acquitted in October 2015, was also arrested again six weeks ago, on 4 October, for referring in a public place to government repression. He was released on bail two days later. Zone 9 representative Zelalem Kibret was prevented from travelling to France in November 2015 to receive the RSF Prize. Officials confiscated his passport without giving an explanation as he was about to board his flight. Crackdown on free speech under state of emergency The already limited space for free speech and for independent news and information has shrunk even more since the state of emergency was imposed on 9 October in order to suppress a wave of protests by members of the Oromo community, dozens of whom have been killed. Under the state of emergency, viewing, sharing or republishing reports by diaspora media outlets such as Ethiopian Satellite Radio and Television (ESAT) and Oromo Media Network is now punishable by three to five years in prison because these outlets are deemed to be “owned by terrorist organizations.” Ethiopia’s sole Internet service provider, Ethiocell, disconnected the Internet in most of the country, including the capital, on 9 October, at a time when mobile Internet had already been disconnected in the Oromo and Amhara regions for several weeks because of the anti-government protests. As a result, social networks and all apps such as Skype that use VoIP (Voice over Internet Protocol) were rendered inaccessible. Social networks and mobile Internet are still blocked. These measures have also had an impact on the print media. The Addis Standard, an English-language monthly that is one of the country’s few independent newspapers, announced on 25 October that it was suspending its print edition and laying off a dozen of its 23 employees because it could not find a company to print it. Addis Standard co-founder and editor Tsedale Lemma told Agence France-Presse that their lawyers had advised them not to print anything political. Ethiopia is ranked 142nd out of 180 countries in RSF’s 2016 Press Freedom Index. For more information about Ethiopia, click here. RSF condemns NYT reporter’s unprecedented expulsion from Ethiopia EthiopiaAfrica Condemning abuses Judicial harassmentImprisoned Organisation RSF_en News to go further Help by sharing this information Follow the news on Ethiopia November 15, 2016 Member of award-winning blogging collective arrested in Addis EthiopiaAfrica Condemning abuses Judicial harassmentImprisoned News Reporters Without Borders (RSF) is concerned about the detention of Befekadu Hailu, a citizen journalist and member of the Zone 9 blogging collective, since 11 November, amid a spate of violations of freedom of information by the government since it declared a state of emergency on 9 October. Receive email alerts May 21, 2021 Find out more February 10, 2021 Find out more News Journalist attacked, threatened in her Addis Ababa home May 18, 2021 Find out more News Ethiopia arbitrarily suspends New York Times reporter’s accreditation
News News “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says to go further June 8, 2021 Find out more September 22, 2003 – Updated on January 20, 2016 Police attack and detain journalists covering opposition rallies AzerbaijanEurope – Central Asia June 4, 2021 Find out more Russian peacekeepers deny foreign reporters access to Nagorno-Karabakh Receive email alerts RSF calls for a fully transparent investigation after mine kills two journalists in Azerbaijan Organisation RSF_en Follow the news on Azerbaijan News AzerbaijanEurope – Central Asia News Help by sharing this information Reporters Without Borders today voiced concern about harassment of the independent news media in the run-up to next month’s presidential elections after at least five independent and opposition journalists were attacked by police and two others were detained yesterday while covering opposition rallies in the towns of Masaly and Lenkoran.The organisation called on the interior minister and the electoral commission to ensure that independent news media coverage of pre-election activities and election-day voting is not obstructed. It also called for an investigation into the circumstances of yesterday’s attacks on journalists.Irada Nureddingyzy, a correspondent for the opposition daily Milliyet, Nigyar Almangyzy of the independent daily Express, Samira Zamanly of the opposition daily Khurriyet, Taptig Farhadoglu, a correspondent for the news agency Turan, and Zaur Rasulzade of the Russian-language daily Novoye Vremya were hit with clubs and stones by police and individuals in civilian dress early yesterday afternoon in Masaly (south of Baku). This took place during a rally held by opposition candidates Etibar Mamedov of the National Independence Party and Ali Kerimly of the People’s Party, which the police tried to break up. Zamanly lost consciousness when hit on the head by a stone.Rial Jafarli of the daily Azadliq and Ali Orujev of Milliyet were detained at the end of the afternoon as they were covering another rally by the same two candidates in the town of Leknoran. Jafarli was released after five hours. Accused of “hooliganism” and, in particular, of biting a local official’s finger, Orujev was still being held today. Journalists present said the official hurt himself when he grabbed Orujev’s tape-recorder. April 9, 2021 Find out more
WhatsApp NewsOverhaul of Shannon Free Zone takes on multi-million euro shapeBy Staff Reporter – October 21, 2015 1213 THE transformation of the Shannon Free Zone over the next ten years is set to “put the years of talk in the past and get on with building some” and bring put right the underinvestment of yesteryear.Those were the closing remarks of Ray O’Driscoll, managing director at Shannon Commercial Properties at the end of a information briefing on the developments underway set to revitalise one of Ireland’s oldest and largest business parks outside Dublin.Sign up for the weekly Limerick Post newsletter Sign Up Outlining phase one of the redevelopment programme at a Shannon Chamber event for business leaders in Dromoland Castle Hotel recently, Mr O’Driscoll said: “We are addressing the historic underinvestment at the Free Zone in stages, commencing with major demolitions, new builds and refurbishment, as we believe a cluster-type development is more impactful.”Plans for the over €21 million, phase-one redevelopment of a 12-acre site at the Zone include: the construction of a 40,000sqft Grade A office block and a new 30,000sqft advance technology manufacturing unit, at a combined cost of €10 million; A €4 million upgrade and development of the existing Boart building, which is a 100,000sqft warehousing unit adjoining the airport, and a €1.5 million upgrade at Shannon Airport House and the adjacent Universal House.Among work undertaken to-date on the redevelopment are: the demolition of three former manufacturing buildings which are now complete; Work has begun on a €6 million 67,000 ft2 technology manufacturing facility at Shannon Free Zone East for GE Measurement & Control, and a €1.3 million refurbishment of a 56,000sqft office and warehousing facility located in the Shannon Free Zone West is now complete.Mr O’Driscoll said that business park already hosts 120 companies in a diverse range of activities.“It has been a major contributor to the local economy and this first phase of what will be a major, ongoing investment programme is an imperative to attracting major investment and jobs to the area.”Fiona Reilly, IDA’s regional business development executive also told attendees that there has been a 30 per cent uplift in the number of projects to the region, while Enterprise Ireland’s Jerry Moloney said that providing incubation space at the Free Zone would be its defining strength for high-potential SMEs.Shannon Chamber’s president Kevin Thompstone, welcomed and endorsed the fact that Shannon is very much open for business.“Shannon already has a diverse range of sectors in situ and now, with new facilities coming on stream that will be built to a very high specification, Shannon Commercial Properties is equipping Shannon with an even greater set of competencies to attract new business to the region.” Linkedin Twitter Facebook Advertisement Email Print Previous articleMan on trial for slashing friend’s neck 14 years agoNext articleFrontline nursing numbers still falling Staff Reporterhttp://www.limerickpost.ie
Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / The Unforeseen Consequences of Dodd-Frank Demand Propels Home Prices Upward 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Appraisals Dodd-Frank Homes HOUSING 2018-10-12 Radhika Ojha Previous: Radian Unveils New Brand Next: Bendett & McHugh Contributes to Connecticut Children’s Hospital Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago Tagged with: Appraisals Dodd-Frank Homes HOUSING in Daily Dose, Featured, News, Print Features Data Provider Black Knight to Acquire Top of Mind 2 days ago Jeff Dickstein, Chief Compliance Officer for Pro Teck Valuation Services, is responsible for Pro Teck’s compliance with all state and federal regulations that impact the real estate industry. Dickstein sits on a number of industry boards and is currently President of the Real Estate Valuation Advocacy Association, a member of the Board of Trustees of The Appraisal Foundation, and on the Government Affairs Committee of the National Association of Real Estate Appraisers. He is also a Certified Residential Appraiser in 17 states. October 12, 2018 3,512 Views Editor’s Note: This feature originally appeared in the October issue of DS News, out now.Following the financial crisis of 2008, the United States government sought to enact legislation to protect American consumers and prevent such a crisis from happening again. The result: the Dodd-Frank Wall Street Reform and Consumer Protection Act, more commonly known simply as DoddFrank—2,300 pages of legislation that significantly impacted the financial system. A decade after it was signed into law by President Barack Obama, how is Dodd-Frank affecting the appraisal industry, and how must the industry evolve in response?What is Dodd-Frank?Dodd-Frank is the most comprehensive piece of financial reform since the Great Depression. At its core, it is designed to do three things: 1) to provide stronger consumer protections; 2) to regulate derivatives and their underlying assets such as bonds, commodities, currencies, interest rates, and market indexes; and 3) to reduce taxpayer risk and requirements to finance bailouts of massive corporate financial institutions.Dodd-Frank was written to deploy over time, with some regulations just going into effect this year. Amid ongoing battles over the law, there are currently 16 components to which banks and other financial institutions must adhere.Consumers have likely encountered aspects of Dodd-Frank in dealing with their banks, financial advisors, or credit card companies. Mortgage paperwork and terms had to be rewritten to be more comprehensible. Banks stopped awarding higher commissions for loans with higher fees. The whistleblower program on Wall Street has received over 4,500 tips hoping to curb financial wrongdoings. Finally, all public companies must disclose the ratio of CEO salaries compared to that of the average employee.As many point to the housing market collapse as the primary cause of the financial crisis, several of the law’s requirements impact the mortgage industry. Title XIV, the “Mortgage Reform, and Anti-Predatory Lending Act,” was written to hold mortgage lenders to a standard of only lending to borrowers who can pay their loans and streamline data collection for underwriters. Subtitle F of Title XIV was designed to regulate appraisal management companies (AMCs) and appraisal activities within the housing industry. However, it has presented some unforeseen consequences.What Does Dodd-Frank Require of AMCS?To curtail predatory lending practices and better regulate the mortgage system, stricter regulations were put in place for lenders, appraisers, and AMCs, including appraiser independence regulations and higher-risk loan requirements (such as requiring a physical property visit).There is one particular section of Subtitle F, however, that has resulted in ramifications beyond what any lawmaker had predicted. The “Collection and Transmission of Annual Appraisal Management Company Registry Fees” requires participating states to create a National AMC Registry and to meet two standards:AMCs in business for more than a year will pay $25 for each appraiser who performed an appraisal for the AMC on a covered transaction in the state during the previous year.AMCs in business less than a year will pay $25 for each appraiser who performed an appraisal for the AMC on a covered transaction in the state since the AMC commenced doing business.The $25 registry fee is collected in every state where they performed an appraisal in the last year, and the AMC is responsible for all fees. This means that appraisers who are licensed, practice in multiple states, and work with multiple AMCs will have a fee assessed multiple times, in multiple states.For example, “Joe” is an appraiser licensed in three states and he works with five different AMCs. Instead of $75 ($25 per state), a total of $1,125 will be paid by AMCs on Joe’s behalf. This fee would be collected annually.While participating in this fee-collection program is voluntary for each state, choosing not to participate results in consequences for AMCs in those states. If a state opts out, AMCs in that state cannot perform service for a federally related transaction (FRT) unless the FRT engages directly with an appraiser, uses an appraisal firm, or if the AMC fits under the 25/15 threshold.Oversight of this newly created National AMC Registry is bestowed upon the Appraisal Subcommittee (ASC), a government agency created with the passing of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, better known as FIRREA.Dodd-Frank, specifically the section about appraisals, amended some of the requirements of FIRREA, resulting in some of the confusion and issues present today.What Are The Consequences Next Day for Appraisers?Estimates suggest it will cost $150,000 annually to operate the registry. However, the Real Estate Valuation Advocacy Association, the national advocacy group for the valuation industry, estimates that a total of $8–10 million in fees will be collected. That’s millions of dollars in excess, and there’s no plan as to what to do with it.More money is being collected than is needed to operate an AMC registry. Dodd-Frank required the creation of the National AMC Registry, along with the assessment and collection of this fee, without providing explicit purposes for its use beyond the operation of the registry. Part of Dodd-Frank indicates the ASC can grant funds back to the states but there’s been little detail on what that could be or how it would be administered.The Appraisal Subcommittee doesn’t have the option to create a national AMC registry based on the actual cost due to the statutory language set out within Dodd-Frank. As a result, the ASC will collect millions more than needed that will then be granted back to states with the intention to subsidize their appraisal management programs and other appraisal related initiatives. However, as with many such funds, much of this excess will not be used to monitor AMCs but will most likely be swept into the states’ general funds.The consequences of such a surplus are complex and far-reaching. First, the true cost of these fees will likely trickle down to the consumer. Secondly, these additional funds will create an administrative burden for both the ASC and the states. The ASC will have to create a program to decide which states will receive grants from the excess funding. States will have to set up programs and oversee those programs for the additional grant money. It is unclear if the ASC or the states have the infrastructure and resources to support this effort.Here is where it gets even more complicated. The passage of FIRREA in 1989 gave states oversight on appraisers and licensing. While Dodd-Frank is a federal statute, the regulations created by FIRREA trump the new law. As such, many states don’t have the statutory authority to collect and manage these fees, meaning laws at the state level must be revisited to comply with Dodd-Frank’s requirements.While Dodd-Frank was passed in 2010, the collection of fees and the creation of the National AMC Registry didn’t go into effect until August 10, 2018. In those eight years, lawmakers at the state and federal levels haven’t been able to amend state laws to collect the fees, and the federal government hasn’t revisited what to do with the surplus. As a result, 26 states have applied for and been granted a one-year extension to comply with the program.What Happens Now?Unfortunately, this is still an uncertain time for AMCs and those concerned with the National AMC Registry. Because Dodd-Frank is federal law and the FIRREA mandates rules on the state level, this issue could only be corrected through federal action.This fight over Dodd-Frank is starting to build again. On May 24, 2018, President Donald Trump signed the “Economic Growth, Regulatory Relief, and Consumer Protection Act,” the largest rollback of Dodd-Frank regulations since its passing. The new law raises the threshold from $50 billion to $250 billion for banks to be deemed “too big to fail.”While this doesn’t directly impact the National AMC Registry, some speculate that this could be the first domino in a series of rollbacks of Dodd-Frank. As we head into November and the mid-term elections, it will be interesting to see what role this law plays in the national debate. Those in the AMC community are eager to see what happens next. The Best Markets For Residential Property Investors 2 days ago Print This Post About Author: Jeff Dickstein Sign up for DS News Daily The Unforeseen Consequences of Dodd-Frank Subscribe
WhatsApp A former Junior Minister for Planning has said that the Emergency Department of Letterkenny General Hospital should not have been allowed to be located where it is.The carpark of the A & E Department was flooded on Tuesday night after 40 centimetres of rain fell in 40 minutes.It was the second time the hospital flooded in thirteen months, although considerably less damage was done during this weeks flood.Dublin Cllr Ciaran Cuffe says the granting of planning permission for the new unit was conditional on a flood report, which he says was never submitted:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/08/cuffeflood.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. News RELATED ARTICLESMORE FROM AUTHOR Former minister says location of LGH Emergency Department shouldn’t have been cleared Google+ Facebook Previous articleUpdate – Foyle MP says Derry tax office redundancy offer reflects a “Closure Strategy”Next articleCeltic crash out of Champions League in Poland News Highland Help sought in search for missing 27 year old in Letterkenny Facebook Twitter Pinterest Guidelines for reopening of hospitality sector published Google+ By News Highland – August 7, 2014 448 new cases of Covid 19 reported today NPHET ‘positive’ on easing restrictions – Donnelly Pinterest Twitter Three factors driving Donegal housing market – Robinson Calls for maternity restrictions to be lifted at LUH WhatsApp