Further Update: Irrevocable & Unconditional Acceptances regarding the Offer by Seed Co Int. Ltd to Seed Co Ltd shareholders

first_imgSeed Co International Limited (SCIL.bw) listed on the Botswana Stock Exchange under the Agricultural sector has released it’s 2021 circular For more information about Seed Co International Limited (SCIL.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Seed Co International Limited (SCIL.bw) company page on AfricanFinancials.Document: Seed Co International Limited (SCIL.bw)  2021 circular Company ProfileSeed Co International Limited is one of the leading certified seed companies authorized to market seed varieties developed by itself, government and other associated seed breeders in its markets. From years of intensive investment in R&D, the Company is involved in the breeding, multiplication and distribution of mainly hybrid seed varieties. Seed Co International Limited is primarily listed on the Botswana Stock Exchange, with a secondary listing on the Zimbabwe Stock Exchangelast_img read more

Arts District Loft / Marmol Radziner

first_img Architectural Design: United States Loft Projects ArchDaily Manufacturers: Decospan, Waterstone, Jonathan Browning ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/878049/arts-district-loft-marmol-radziner Clipboard 2016 Arts District Loft / Marmol RadzinerSave this projectSaveArts District Loft / Marmol Radziner Lead Architects: Architects: Marmol Radziner Area Area of this architecture project CopyLoft, Renovation, Apartment Interiors•Los Angeles, United States Arts District Loft / Marmol Radziner “COPY” Nicole Starr (Studio Director), Chris Keller (Project Manager), Christos Bolos (Project Architect) Photographs Save this picture!© Jessie Webster+ 16 Share Leo Marmol, Ron Radziner Interior Design:Erika Montes, Sarah Netto, Ashley RetaConstruction:Matt LambertCasework:Marmol Radziner FabricationCity:Los AngelesCountry:United StatesMore SpecsLess SpecsSave this picture!© Jessie WebsterRecommended ProductsDoorsGorter HatchesRoof Hatch – RHT AluminiumSuspension SystemsMetawellAluminum Panels for Ceiling SailsWoodBruagBalcony BalustradesWoodSculptformTimber Click-on BattensText description provided by the architects. The Arts District Loft is an alteration of a 2,000-square-foot condominium loft in the Toy Factory Lofts, a 1924 warehouse located in the Arts District in Downtown Los Angeles. The alteration included the removal of existing partitions to combine two bedrooms into one master suite; the installation of casework to reconfigure the living room and bedroom; and the renovation of the kitchen, bathroom, and powder room.Save this picture!© Jessie WebsterTo create a more intimate living space also suitable for entertaining, we aimed to create distinct areas within the existing open floor plan. In the main space, we raised a 20-foot by 20-foot area 18 inches in the southeast corner to delineate a living room area and optimize the south- and east-facing windows. The resulting floor-to-ceiling windows provide a visual connection to the street that previously did not exist.Save this picture!© Jessie WebsterSeparating the living room from the adjacent master suite is a custom bookcase with three bays that rotate 90 degrees. When left open, the bookcase lets in natural light from the living room windows, while the resulting ledge doubles as flexible seating for the master suite sitting area. Just north of the bedroom, we converted the area surrounding an existing concrete column into a study and coat closet.Save this picture!© Jessie WebsterSave this picture!Loft Floor PlanSave this picture!© Jessie WebsterAgainst the industrial backdrop of the existing concrete floor and exposed structural concrete of the ceiling are inviting, modern interiors. We worked with an assortment of woods, textures, and metal finishes to visually warm and soften the space.Save this picture!© Jessie WebsterA color palette of primarily warm gray tones and black complement the gray herringbone pattern oak floor and bold black custom casework built by our wood shop. The result is a comfortable home well-suited for entertaining – simple yet sophisticated.Save this picture!© Jessie WebsterProject gallerySee allShow lessThe World’s First Hologram Table is Here, and Could Be Yours for $47,000Architecture NewsParticipate in the Observatory of the 11th São Paulo Architecture BiennialCall for SubmissionsProject locationAddress:Los Angeles, California, United StatesLocation to be used only as a reference. It could indicate city/country but not exact address. Share Photographs:  Jessie Webster Manufacturers Brands with products used in this architecture project Year:  Area:  2000 ft² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/878049/arts-district-loft-marmol-radziner Clipboard “COPY” CopyAbout this officeMarmol RadzinerOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingLoftRefurbishmentRenovationInterior DesignResidential InteriorsApartment InteriorsLos AngelesUnited StatesPublished on August 23, 2017Cite: “Arts District Loft / Marmol Radziner” 23 Aug 2017. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogWoodTechnowoodPergola SystemsWindowsMitrexSolar WindowMetal PanelsAurubisPatinated Copper: Nordic Green/Blue/Turquoise/SpecialCommunications2NIntercom – 2N® IP BaseSkylightsLAMILUXGlass Skylight FE Pyramid/HippedConcreteKrytonCrystalline Waterproofing – KIMWood Boards / HPL PanelsBruagWall Cladding – MDF Perforated PanelsStonesMikado QuartzQuartz Slab – ClassiqueFloorsFranken-SchotterFlooring Panels – Dietfurt LimestoneWindowspanoramah!®ah! CornerFittingsSaliceStorage Accessories – Excessories, Pull- outArmchairs / Couches / Futons / PoufsEmuSeating System – TamiMore products »Save想阅读文章的中文版本吗?艺术公寓:拆除所有限制自由的墙 / Marmol Radziner是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Talking Turkey

Talking Turkey Tagged with: Digital Research / statistics Advertisement  23 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Do you want to find out current statistics on UK Internet usage to underpin your online fundraising planning?If so you can take part in the UK and Europe Underwired Virtual Turkey 1999. If you encourage visitors to your charity’s Web site to take part in the survey, you will receive periodic summaries of emerging trends. Unfortunately there are no charity-specific questions in this survey. Howard Lake | 12 September 1999 | News 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. read more

Roy Castle charity to sell seven shops to cancer charity

first_img The Royal Castle Lung Foundation is planning to sell seven of its shops in Scotland and North East England to Marie Curie Cancer Care, according to Third Sector magazine.The Liverpool-based charity is planning to focus on its six shops in the north west which are reportedly more profitable.Marie Curie Cancer Care already has a network of 180 shops. Advertisement  19 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Roy Castle charity to sell seven shops to cancer charity 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. Howard Lake | 4 June 2004 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Tradinglast_img read more

Manchester City FC looks for two new charity partners

first_img Howard Lake | 2 October 2011 | News Manchester City FC is looking for two local charities partners to become the East Manchester Charity of the Year and the Manchester Charity of the Year. Applications are invited from charitable and not-for-profit organisations throughout the Greater Manchester area.The chosen projects should benefit young people and families in Manchester, through community cohesion, skills and enterprise schemes and urban sports programmes.The two organisations will receive up to £50,000 from City in the Community (CITC) Giving, the community scheme set up 25 years ago by the club. The grants will fund a specific project for the community which they serve. The two organisations will also benefit from profile-raising player appearances, the donation of signed merchandise and promotional opportunities through the Club’s media channels.Fans will be invited to be part of Sport Relief’s Shoot for the Moon fundraising efforts by hosting their own events or participating in activities arranged by the Club on behalf of their nominated charities.The first fundraising event will be a Santa Stroll on 4 December, with the Santas all wearing Man City blue rather than the red of another Manchester-based football club.www.mcfc.co.uk/charitiesaward Tagged with: corporate AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Manchester City FC looks for two new charity partners 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.  21 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

End all forms of transphobia!

first_imgWW photo: G. DunkelNew York — Thousands rallied and marched throughout the Village June 26 for the 11th annual Trans Day of Action organized by TransJustice of the Audre Lorde Project, a Lesbian, Gay, Bisexual, Two-­Spirit, Trans and Gender Non-Conforming People of Color Center for Community Organizing .FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img

OHS clerk and student exchanged explicit text messages

first_img WhatsApp WhatsApp Pinterest By admin – January 10, 2018 OHS clerk and student exchanged explicit text messages Elyssa Zuniga An Odessa High School clerk was charged Tuesday after reportedly engaging in an improper relationship with a 17-year-old student involving sexually explicit texts, an OPD press release stated.The clerk, 26-year-old Elyssa Zuniga, and the male student reportedly sent messages describing performing oral sex on each other, and further messages stating they want to have sex with each other, the probable cause affidavit said.Both parties also reportedly sent messages making reference to keeping their relationship a secret, the report detailed.Following the initial reported accusation, both Zuniga and the student were interviewed by detectives, and both confirmed the text messages sent between them, the affidavit stated.Zuniga was then charged with improper relationship between educator and student, a second-degree felony, the release said.OPD Spokesman Cpl. Steve LeSueur said while Zuniga was not employed as a teacher at OHS, the charge would still apply to her, as she was an OHS employee.Zuniga was placed on administrative leave during the investigation, and was fired upon being charged, Ector County Independent School District Spokesman Mike Adkins said.Jail records show Zuniga was taken to the Ector County Detention Center Tuesday and is still being detained there with a bond set at $50,000. Facebook Facebook Local NewsCrime Twitter Twitter Pinterest Previous articleDAILY OIL PRICE: Jan. 10Next articleStepfather will face pre-trial in sexual abuse case adminlast_img read more

UTPB awarded grant for STEM conference

first_img By admin – February 16, 2018 WhatsApp Noel earns award Home Local News Education UTPB awarded grant for STEM conference UTPB.National Science Foundation. WhatsApp Pinterest OCA top 2 were ESL students Previous articleTry the Citizens Fire AcademyNext articleOdessa teen arrested after threat admin RELATED ARTICLESMORE FROM AUTHOR 2018 Education Year in Review logo wide.jpg Facebook Fruit Salad to Die ForHawaiian Roll Ham SlidersSouthern Style Potato SaladPowered By 10 Sec Mama’s Deviled Eggs NextStay Local NewsEducation UTPB awarded grant for STEM conference Twitter Facebook Registration set for engineering camp Twitter Pinterest Partnered with three other institutions of higher education, the University of Texas of the Permian Basin has received a $100,000 grant from the National Science Foundation to host the first ever PROMISE Conference at Laredo Community College in March.PROMISE stands for Providing Resources and Opportunities for Minorities in STEM Education. The NSF award is designed to enhance undergraduate education in science technology, engineering and mathematics at Hispanic-serving institutions.Co-led by Selina Mireles, dean of the College Education at UTPB, the conference’s goal is to gather educational leaders from across the country to discuss National Science Foundation initiatives that target Hispanics.In a news release, Mireles said colleges and universities that are designated as Hispanic Serving Institutions must be responsive to the needs of Hispanic students. The objective is to identify the most critical challenges and opportunities regarding undergraduate STEM studies for Hispanic students and create effective programs and strategies to recruit, retain, and graduate Hispanics in STEM, the release said.UTPB’s student body is 44 percent Hispanic, the release said.Along with UTPB and Laredo Community College, other founding institutions include Texas A&M International University and Texas A&M University-Kingsville.These four institutions responded to the call by organizing the conference to bring together key stakeholders in undergraduate STEM education. The conference will convene faculty and administrators from more than 83 public and private colleges, universities, community-based organizations and business entities in addition to at least 100 virtual participants.More Informationlast_img read more

Powered by Everbridge Statewide Deployment, West Virginia Leads Nation with Nearly 100% of First…

first_img Pinterest TAGS  By Digital AIM Web Support – March 4, 2021 Pinterest BURLINGTON, Mass.–(BUSINESS WIRE)–Feb 3, 2021– Everbridge, Inc. (NASDAQ: EVBG), the global leader in critical event management ( CEM ), today announced that the State of West Virginia, utilizing the company’s Vaccine Distribution software platform to schedule COVID-19 vaccinations across the state, administered nearly 100% of first round doses. Since the launch of the Everbridge vaccine registration system, 156,000 residents registered to receive the vaccine. West Virginia also became the first state in the nation to complete its second round of COVID-19 vaccinations at all nursing homes and assisted living facilities statewide and immunized all teachers over the age of 50 that opted to take the vaccine. According to the Centers for Disease Control and Prevention (CDC), West Virginia has given out more second doses per capita than any other state, with more than three percent of the population fully vaccinated. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210203005564/en/ Rapidly deploying Everbridge vaccine distribution software, West Virginia successfully turns each first-round dose into an immunization. Highlighting West Virginia’s successful vaccine distribution, the Federal Emergency Management Agency (FEMA) issued a press announcement identifying Everbridge’s vaccine distribution software platform for ‘providing a statewide, coordinated and high-capacity alternative to residents.’ The press release points to the value of the Everbridge system in ‘helping West Virginia line up residents for the vaccine,’ providing ‘real-time updates on vaccine availability – by email, text or phone,’ and enabling residents to schedule an appointment to get vaccinated as supplies allow. As West Virginia Governor Jim Justice explained on CBS News’ Face The Nation, “We’re saving lives. We’re putting our kids back in school. West Virginia has been the ‘diamond in the rough’ that a lot of people have missed. We’re first in the nation on being able to test all the people in our nursing homes. That’s why we’re leading the nation. We didn’t sit on our hands. We acted. We’ve got to get shots in people’s arms, and every day we put a shot in somebody’s arm, we’re saving a life.” West Virginia also represents as the only state in the country to prioritize school employees as essential, moving them to elevated status to receive the vaccine. Governor Justice reiterated that all teachers, service personnel, and other school employees who are interested in being vaccinated should register on the Everbridge portal, which allows for those signing up to list their occupation and place of work. “We are honored to support Governor Justice and the state of West Virginia in their success to keeping their citizens safer through effective vaccine distribution,” said David Meredith, CEO of Everbridge. “Solving this public health crisis faster will unlock the ability for governments to fully re-open economies for the betterment of all states, people and businesses.” Continued Meredith, “As Governor Justice has said, we believe this represents a model that can be stood up very quickly for other states and municipalities to help with their efforts in ensuring a successful distribution of the vaccine.” In January 2021, Everbridge launched COVID-19 Shield™: Vaccine Distribution, an extension to its CEM platform supporting the full spectrum of organizations that develop, manufacture, transport, distribute, regulate, and administer the coronavirus vaccine. The offering also provides governments with a single, unified platform to expedite vaccine coordination, communication and distribution for residents. Recent deployments of Everbridge’s CEM Platform to power the digital vaccination distribution system, include the entire state population of West Virginia, Leon County Department of Health, the County of Sarasota, Florida, and other public and private sector organizations. With Everbridge’s COVID-19 Shield™: Vaccine Distribution, customers gain capabilities to: coordinate the number of residents or employees who have been vaccinated, manage population density and access to office buildings based on vaccination status, and receive timely alerts when someone report signs of illness so they can quickly respond to safeguard the community. The new Everbridge COVID-19 Shield™: Vaccine Distribution software solution includes the following features among the suite’s broader CEM capabilities:Enhanced COVID-19 Risk Feed showcasing vital real-time information, including the incidence of new virus strains and vaccine related intelligence;Crisis Management Module to follow, log and audit the transport, handling, and/or administration of the vaccine;Vaccine Distribution Logistics Service to provide situational awareness to better manage vaccine supply chains;Customized Employee Surveys to help confirm whether employees have received the vaccine;Appointment Management Tool to help manage the scheduling, tracking and communications of vaccine administration; andOut-of-Box Workflows in Smart Orchestration to help improve distribution management, such as vaccine appointment follow-ups. To learn more best practices for distribution and management of the vaccine rollout, watch as Dr. Scott Gottlieb, former U.S. Food & Drug Administration Commissioner, joins Everbridge for a discussion entitled “ The End of the Pandemic: Successful Vaccine Distribution.” About Everbridge Everbridge, Inc. (NASDAQ: EVBG) is a global software company that provides enterprise software applications that automate and accelerate organizations’ operational response to critical events in order Keep People Safe and Businesses Running™. During public safety threats such as active shooter situations, terrorist attacks or severe weather conditions, as well as critical business events including IT outages, cyber-attacks or other incidents such as product recalls or supply-chain interruptions, over 5,400 global customers rely on the Company’s Critical Event Management Platform to quickly and reliably aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes through the secure delivery to over 100 different communication devices, and track progress on executing response plans. Everbridge serves 8 of the 10 largest U.S. cities, 9 of the 10 largest U.S.-based investment banks, 47 of the 50 busiest North American airports, 9 of the 10 largest global consulting firms, 8 of the 10 largest global automakers, 9 of the 10 largest U.S.-based health care providers, and 7 of the 10 largest technology companies in the world. Everbridge is based in Boston with additional offices in 20 cities around the globe. For more information visit www.everbridge.com. Cautionary Language Concerning Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding the anticipated opportunity and trends for growth in our critical communications and enterprise safety applications and our overall business, our market opportunity, our expectations regarding sales of our products, our goal to maintain market leadership and extend the markets in which we compete for customers, and anticipated impact on financial results. These forward-looking statements are made as of the date of this press release and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “expect,” “anticipate,” “should,” “believe,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “could,” “intend,” variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the ability of our products and services to perform as intended and meet our customers’ expectations; our ability to successfully integrate businesses and assets that we may acquire; our ability to attract new customers and retain and increase sales to existing customers; our ability to increase sales of our Mass Notification application and/or ability to increase sales of our other applications; developments in the market for targeted and contextually relevant critical communications or the associated regulatory environment; our estimates of market opportunity and forecasts of market growth may prove to be inaccurate; we have not been profitable on a consistent basis historically and may not achieve or maintain profitability in the future; the lengthy and unpredictable sales cycles for new customers; nature of our business exposes us to inherent liability risks; our ability to attract, integrate and retain qualified personnel; our ability to maintain successful relationships with our channel partners and technology partners; our ability to manage our growth effectively; our ability to respond to competitive pressures; potential liability related to privacy and security of personally identifiable information; our ability to protect our intellectual property rights, and the other risks detailed in our risk factors discussed in filings with the U.S. Securities and Exchange Commission (“SEC”), including but not limited to our Annual Report on Form 10-K for the year ended December 31, 2019 filed with the SEC on February 28, 2020. The forward-looking statements included in this press release represent our views as of the date of this press release. We undertake no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release. All Everbridge products are trademarks of Everbridge, Inc. in the USA and other countries. All other product or company names mentioned are the property of their respective owners. View source version on businesswire.com:https://www.businesswire.com/news/home/20210203005564/en/ CONTACT: Everbridge: Jeff Young Media Relations [email protected] 781-859-4116Joshua Young Investor Relations [email protected] 781-236-3695 KEYWORD: UNITED STATES NORTH AMERICA WEST VIRGINIA MASSACHUSETTS INDUSTRY KEYWORD: TECHNOLOGY HEALTH GENERAL HEALTH STATE/LOCAL HEALTHCARE REFORM PUBLIC RELATIONS/INVESTOR RELATIONS COMMUNICATIONS INFECTIOUS DISEASES SOFTWARE PUBLIC POLICY/GOVERNMENT MOBILE/WIRELESS SOURCE: Everbridge, Inc. Copyright Business Wire 2021. PUB: 02/03/2021 08:42 AM/DISC: 02/03/2021 08:42 AM http://www.businesswire.com/news/home/20210203005564/en Facebook Local News Powered by Everbridge Statewide Deployment, West Virginia Leads Nation with Nearly 100% of First Round Doses of Vaccine Administeredcenter_img Twitter WhatsApp Twitter Previous article$4.14 Billion Growth in Global Sports Coaching Market | Technological Advances to Upheave Growth|TechnavioNext articleESPN uses technology to bring Davis, Rozelle back to life Digital AIM Web Support WhatsApp Facebooklast_img read more

Credit Union Group Opposes Revision to FHLBank Membership Requirements

first_img Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington’s student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News’ sister publication, MReport, which focuses on mortgage banking news. in Daily Dose, Featured, Government, News Credit Union Group Opposes Revision to FHLBank Membership Requirements  Print This Post January 13, 2015 937 Views Home / Daily Dose / Credit Union Group Opposes Revision to FHLBank Membership Requirements A national trade group representing credit unions has come out against a recent proposal to revise requirements for Federal Home Loan Bank (FHLB) membership.In a comment letter addressed to the Federal Housing Finance Agency’s (FHFA) general counsel, Alicia Nealon, director of regulatory affairs for the National Association of Federal Credit Unions (NAFCU), voiced the association’s opposition to the proposal, which she says would “disenfranchise over 1 million credit union member-owners.””Given the onerous nature of this proposal on credit unions, the lack of a Congressional mandate for ‘ongoing’ FHLB membership requirements and the current requirements that already exist for FHLB members to demonstrate a commitment to housing finance, NAFCU must oppose the proposed rule and urge its withdrawal,” Nealon wrote.NAFCU’s complaint stems from a provision of the proposed rule that would require FHLB members and applicants to keep 1 percent of assets in home mortgage loans. Current members would also be required to hold at least 10 percent of assets in residential mortgage loans on an ongoing basis as opposed to just at the time of application, as the current rule requires.In her comment letter, Nealon says the membership requirements fail to take into account a credit union’s asset size or experience level. She also says NAFCU is concerned that the standards (particularly the 1 percent requirement) don’t take into account the kinds of fluctuations that can happen in portfolios due to changes in economic conditions.As an alternative, the group suggests that the agency allow loans sold in the secondary market to count toward an institution’s 1 percent threshold.Also of concern to NAFCU is FHFA’s proposal to determine if FHLB members meet eligibility standards on a yearly basis and to terminate any members that fail to comply after a two-year grace period. The group instead suggests a five-year probationary period for lenders to get back up to standard. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Tory Barringercenter_img Credit Unions Federal Home Loan Banks FHFA NAFCU 2015-01-13 Tory Barringer Servicers Navigate the Post-Pandemic World 2 days ago Previous: Report: Credit Rater, Justice Department Near $1 Billion Settlement over RMBS Next: DS News Webcast: Wednesday 1/15/2015 Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Credit Unions Federal Home Loan Banks FHFA NAFCU Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Subscribe The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days agolast_img read more