Investor Says His Company Has Made ‘Considerable Progress’ In GSE Funds Lawsuit

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Investor Says His Company Has Made ‘Considerable Progress’ In GSE Funds Lawsuit The Best Markets For Residential Property Investors 2 days ago February 3, 2015 879 Views Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago  Print This Post Investor Says His Company Has Made ‘Considerable Progress’ In GSE Funds Lawsuit Previous: Credit Agency Reaches $1.37 Billion Settlement With DOJ, 19 States over RMBS Ratings Next: Bank of America Loses Bid to Overturn Verdict in ‘Hustle’ Case in Daily Dose, Featured, News, Secondary Market Demand Propels Home Prices Upward 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 One week after a U.S. Federal Court of Claims Judge ruled that his company’s lawsuit against the government over its use of GSE profits could continue, Fairholme Funds CEO Bruce Berkowitz addressed investors on a conference call Tuesday morning, telling them that his company, one of the GSEs’ biggest investors, has made “considerable progress” in its lawsuit against the government.Also on Tuesday, a U.S. District Judge in Iowa dismissed a suit filed by Continental Western Insurance Company similar to the one filed by Miami-based Fairholme Funds over the sweeping of GSE profits into the U.S. Department of Treasury. The judge in the Iowa case cited last year’s decision by Judge Royce Lamberth in the U.S. District Court of the District of Columbia which dismissed the Fairholme suit and a similar complaint filed by Perry Capital.On Tuesday morning, Berkowitz expressed optimism about Fairholme’s lawsuit, which was filed in 2013 and revived by Judge Margaret Sweeney last week in the U.S. Federal Court of Claims despite Lamberth’s dismissal of the case last September in the D.C. District Court.”We’ve had our ups and downs, but we are making considerable progress in the Federal Court of Claims,” Berkowitz said. “The judge will decline the Justice Department’s motion to stay the case despite the government’s purposeful delays. Discovery is ongoing. Our lawyers have reviewed 400,000 pages of documents. Depositions will soon begin.”Berkowitz reiterated in the conference call that Fannie Mae and Freddie Mac are “essential” and “they have no substitutes” because of their role in the housing industry, which includes offering $7 trillion in liquidity to the U.S. mortgage market since 2009.”If you want to stimulate the national economy in tough times, start with the housing sector,” Berkowitz said. “It’s roughly 23 percent of GDP. There’s nobody better to prime that pump than Fannie Mae and Freddie Mac.”The GSEs have been under conservatorship of the Federal Housing Finance Agency (FHFA) since September 2008, at which time they needed a government bailout totaling $188 billion to stay afloat. They have since returned to profitability and are predicted to earn about $21 billion a year for the foreseeable future, according to Berkowitz.Under the terms of the bailout, the government acquired 80 percent of the GSEs’ common stock and a 10 percent dividend each year through senior preferred shares. Treasury amended the agreement in August 2012, however, and required that all GSE profits be swept into Treasury.Berkowitz likened the amending of the bailout terms to a farmer whose farm was successful for decades, but when a drought came, was forced to accept an offer from a wealthy neighbor who was willing to loan the farmer money to keep the farm going. The deal he negotiated was tough, however – the farmer pays the neighbor 10 percent interest per year on his investment and gives him 80 percent ownership in the farm. Years later, when the farm conditions are better and the farm returns to profitability, the wealthy neighbor visits the farm and sees it flourishing – then changes the terms of the agreement, requiring the farmer to pay him 100 percent of the farm’s profits from that point forward.”It seems far-fetched, but this is precisely what has happened to Fannie Mae and Freddie Mac at the hands of the U.S. Treasury,” Berkowitz said. “Some call it expropriation, others call it a de facto nationalization. Either way, it’s illegal and unfathomable. This is America. We’re not in Venezuela and it’s not the Soviet Union.”A spokesman for Treasury declined to comment on the Fairholme suit, and the Department of Justice was not immediately available for comment. The government’s position is that Treasury did not directly affect and control FHFA as conservator of Fannie Mae and Freddie Mac, and that the amending of the bailout terms was not illegal but rather “imposed a so-called net sweep,” according to Berkowitz.Berkowitz remained positive in the conference call about his company’s future relationship with the GSEs.”At Fairholme, we believe in America,” he said. “We don’t bet against America. Fannie and Freddie are two of the most valuable companies we have in America. We own them, we own them at cheap prices, and we look forward to staying invested in them for a very long period of time.” Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Fairholme Funds Fannie Mae Freddie Mac GSEs Lawsuits 2015-02-03 Brian Honea Tagged with: Fairholme Funds Fannie Mae Freddie Mac GSEs Lawsuits Demand Propels Home Prices Upward 2 days ago Related Articles About Author: Brian Honea Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Savelast_img read more

Will Banks Benefit From Recent Non-Performing Loan Sales by GSEs?

first_img Servicers Navigate the Post-Pandemic World 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago Related Articles 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. Tagged with: Banks Delinquent Mortgage Loans Fannie Mae Freddie Mac Non-Performing Loans Home / Daily Dose / Will Banks Benefit From Recent Non-Performing Loan Sales by GSEs? Demand Propels Home Prices Upward 2 days ago Banks Delinquent Mortgage Loans Fannie Mae Freddie Mac Non-Performing Loans 2015-04-23 Brian Honea The Best Markets For Residential Property Investors 2 days ago About Author: Brian Honea  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago April 23, 2015 874 Views center_img The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Will Banks Benefit From Recent Non-Performing Loan Sales by GSEs? Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Chicago-based Fitch Ratings said that the recent non-performing loan sales by Fannie Mae and Freddie Mac could have positive implications for banks in the United States that are seeking to sell off non-performing loans from their own portfolios.The magnitude of the impact of NPL valuations and selling opportunities for banks will become clearer as more NPL buyers and pricing trends develop, according to Fitch.”Fitch believes that a deeper NPL market could help further extinguish the GSEs’ and banks’ crisis period residential mortgage asset quality issues. At a minimum, the GSEs’ NPL sales are an indication of further healing in the U.S. housing market,” Fitch said.While the demand for high-quality mortgage-backed securities has been slow since the housing crisis, Fitch said that more major institutional buyers that are hungry for new, higher-yielding investment opportunities have emerged as suitors for bulk NPL pools. Previously, distressed mortgage buyers tended to be specialized alternative investment firms.”Residential mortgage NPLs are far less of a threat to the GSEs and US banks relative to five years ago, but 90-plus day past due loans are still elevated relative to historical averages and relative to their contributions to total NPL levels,” Fitch said. “We believe this implies that both the GSEs and the banks remain motivated to address this lingering asset quality issue.”As of the end of 2014, FDIC-insured banks held about $61 billion worth of single-family residential mortgage loans that were 90 days or more delinquent, which was a 22 percent decline from 2013.  By comparison, Fannie Mae and Freddie Mac held about $86 billion worth of 90-day plus delinquent loans at the end of 2014, a total that has been declining at about the same rate as that of FDIC institutions, according to Fitch. Those balances remain elevated compared to pre-crisis levels, however – between 2001 and 2004, residential mortgage loans that were 90 or more days overdue averaged just $4.8 billion and ranged from just one-quarter to one-third of the total number of 90-day or more delinquent loans held by U.S. banks. At the end of 2014, 90-day or more delinquent loans comprised about 80 percent of NPLs held by U.S. banks.Freddie Mac has conducted three bulk NPL sales in the last eight months totaling approximately $1.97 billion in UPB. The last such sale by Freddie Mac, completed on March 25, was its largest bulk NPL sale ever – it included nearly 5,400 loans totaling $985 million in UPB. Fannie Mae announced earlier in April the marketing of its first-ever bulk NPL sale, featuring about 3,200 deeply delinquent loans with a UPB of $786 million. in Daily Dose, Featured, News, Secondary Market Demand Propels Home Prices Upward 2 days ago Previous: Freddie Mac Prices Third STACR Offering of 2015 at More Than $1 Billion Next: DOJ Sues Quicken Loans for Alleged Improper Underwriting Practices Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Subscribelast_img read more

Equifax CEO Explains Reasons for Retirement

first_img Demand Propels Home Prices Upward 2 days ago Home / Featured / Equifax CEO Explains Reasons for Retirement in Featured, News Equifax CEO Explains Reasons for Retirement September 26, 2017 1,703 Views Related Articles Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] Is Rise in Forbearance Volume Cause for Concern? 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days ago About Author: Brianna Gilpincenter_img breaking news Equifax HOUSING mortgage 2017-09-26 Brianna Gilpin The Best Markets For Residential Property Investors 2 days ago Tagged with: breaking news Equifax HOUSING mortgage The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: Bettering the Future of Online Lending Next: S&P Case-Shiller Index: Increases Across the Nation The Board of Directors for Equifax, Inc. announced the retirement of Chairman of the Board and CEO Richard Smith Tuesday morning, effective immediately.Smith’s retirement follows the September 7 announcement of a data breach that affected an estimated 143 million consumer records as well as the stepping down of Chief Information Officer David Webb and Chief Security Officer Susan Mauldin September 15.“The cybersecurity incident has affected millions of consumers, and I have been completely dedicated to making this right,” said Smith. “At this critical juncture, I believe it is in the best interests of the company to have new leadership to move the company forward.”Equifax’s Board of Directors appointed current board member Mark Feidler to serve as Non-Executive Chairman. Seven-year veteran Paulino do Rego Barros, Jr., who recently served as President of the company’s Asia-Pacific business, has been appointed as interim CEO as the Board searches for a permanent individual both within and outside of the company.“We are working intensely to support consumers and make the necessary changes to minimize the risk that something like this happens again,” Feidler said. “Speaking for everyone on the Board, I sincerely apologize.”Feidler continued that Equifax is a substantially stronger company than it was 12 years ago when Smith began with the company, but “the Board and [Smith] agree that a change of leadership is in order.”However, Congresswoman Maxine Waters (D-CA) believes the change in leadership comes in poor timing. With only days left until Smith is scheduled to testify at congressional hearings about the breach, Waters warns that his retirement does not relieve the company of its duty to provide answers to, and adequate address for, the many Americans who were affected.“The public deserves answers about what occurred at Equifax, and its entire board of directors and senior management team should be accountable for the enormous harm caused to consumers across the country,” Waters said. “There will be consequences. This process is only beginning.” Share Savelast_img read more

Discussing the Future of Housing

first_img Discussing the Future of Housing The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles in Daily Dose, Featured, Government, News Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Ben Carson Fannie Mae FHFA Five Star Freddie Mac FSGF HUD Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Ben Carson Fannie Mae FHFA Five Star Freddie Mac FSGF HUD 2018-12-18 Radhika Ojha Home / Daily Dose / Discussing the Future of Housing About Author: Radhika Ojha The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago On Tuesday, the Five Star Institute announced that Dr. Benjamin Carson, United States Secretary of Housing and Urban Development will address industry leaders during a keynote at the 2019 Five Star Government Forum in Washington, D.C., on April 23, 2019.A day-long gathering that brings together representatives from federal agencies and leaders from mortgage servicing and the government for an open dialogue on the policies that govern the mortgage and housing industries, the Five Star Government Forum is in its tenth year now. “We are honored to host Secretary Carson at the 2019 Government Forum,” said Ed Delgado, President and CEO of the Five Star Institute. “HUD’s leadership is essential to ensuring that homeownership is responsibly preserved, protected, and promoted through the promulgation of common-sense regulatory guidance. I look forward to hearing Secretary Carson discuss his vision for HUD and furthering the well-being of the United States housing market.”In a discussion with Delgado during the forum in April 2018, he had answered questions on the future of HUD, housing affordability, and working with the mortgage industry for the greater benefit of homeowners. During the conversation, Carson told the assembled guests that he was proud of HUD’s work to “empower others and move them up the ladder.” Speakers at this industry event are key influencers among industry professionals and their peers. With decades of combined experience, they’ve played integral roles in providing quality leadership to the federal government and the mortgage industry. Previous distinguished keynote speakers include:The Hon. Edward J. DeMarco, Acting Director of Federal Housing Finance Agency (2009–2014)The Hon. Richard Cordray, Director of the Consumer Financial Protection Bureau (2012–2017)The Hon. James B. Lockhart, Director of the Federal Housing Finance Agency (2006–2009)the Hon. Theodore Tozer, President of Ginnie Mae (2010–2017)The Hon. Brian D. Montgomery, Federal Housing Administration Commissioner at the U.S. Department of Housing and Urban Development (2018).Click below to register and know more about who will be speaking at the 2019 Five Star Government Forum. Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe  Print This Post Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago December 18, 2018 1,229 Views Previous: A Matter of Succession Next: Expansion Plans Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

Streamlining the Uniform Mortgage-Backed Security

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Share Save Demand Propels Home Prices Upward 2 days ago Previous: When the Gavel Falls After Foreclosure Sales Next: Report: FHA Must Reduce Share of High-Risk Loans In June 2019, Fannie Mae and Freddie Mac launched the marked the completion of their Single Security Initiative with the launch of the Uniform Mortgage-Backed Security (UMBS), “the result of close collaboration with FHFA, Freddie Mac, Common Securitization Solutions, and hundreds of housing finance stakeholders and we congratulate all involved on this achievement,” said Renee Schultz, SVP, Capital Markets, Fannie Mae in a statement.The UMBS will require alignment between the GSE’s pools in order to work properly, and to address this, the Federal Housing Finance Agency (FHFA) released a request for input on a proposal to further align Fannie and Freddie’s pooling practices.In a report authored in part by former FHFA Special Advisor Bob Ryan, the Urban Institute assessed the FHFA’s proposal and how the Agency can “iron out the wrinkles” of a single security. reviewing the purpose of the UMBS and the challenges that policymakers have faced in pulling it off and offering thoughts on how the FHFA might use a more market-oriented approach to address the challenges more effectively,According to Urban’s report, UMBS’s impact on the to-be-announced (TBA) market will be key to the security’s success.“Ideally, by combining Fannie and Freddie’s securities, the UMBS will expand the TBA market’s liquidity, thereby improving pricing marketwide,” Urban’s report stated. “But that will happen only if the combined securities are fungible. A material divergence in the performance of Fannie and Freddie’s pools will lead investors to trade more and more in the specified and stipulated pool markets, reducing liquidity in the TBA market and thereby undermining pricing marketwide.”The FHFA, Urban notes, should be focusing on the rise of specified pools, as this could drive a loss of TBA liquidity. However, it needs to “dig deeper” to what is causing the rise of specified pools.For example, if a lender is faster than others, it may be required to explain why to Fannie and Freddie, and be able to show that they are simply providing borrowers with a beneficial refinance option more quickly than the rest of the market.Urban’s proposed practices would require the FHFA to utilize a bottom-up market-oriented approach, rather than a top-down regulatory approach.Find Urban’s complete report here. Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Sign up for DS News Daily Single Security UMBS Urban Institute 2020-01-15 Seth Welborn Servicers Navigate the Post-Pandemic World 2 days agocenter_img January 15, 2020 2,023 Views Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Streamlining the Uniform Mortgage-Backed Security Tagged with: Single Security UMBS Urban Institute Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Streamlining the Uniform Mortgage-Backed Security in Daily Dose, Featured, Investment, News About Author: Seth Welborn Subscribelast_img read more

Prosecution preparing to wrap up its case in Mauritius trial

first_imgNewsx Adverts WhatsApp Guidelines for reopening of hospitality sector published LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Calls for maternity restrictions to be lifted at LUH By News Highland – June 12, 2012 Google+ The prosecution team is likely to wrap up its case today at the trial of two men accused of murdering Michaela McAreavey in Mauritius.Yesterday, one of the accused – hotel worker Sandip Moneea – told the trial that he called for a doctor when the 27-year-old’s body was discovered in her hotel room in January last year.Michaela’s husband John McAreavey was in court yesterday to hear the statements by a number of police officers involved in the case and Sandip Moneea – who along with co-accused Avinash Treebhoowoon – denies killing the Tyrone school-teacher.Cormac McQuinn from the Irish Independent is in Mauritius – he says the prosecution has just one or two witnesses left to call……….[podcast]http://www.highlandradio.com/wp-content/uploads/2012/06/quinn830.mp3[/podcast] Prosecution preparing to wrap up its case in Mauritius trial Almost 10,000 appointments cancelled in Saolta Hospital Group this week Google+ WhatsAppcenter_img Twitter Previous articleDOD officials in Donegal today to finalise transfer of Rockhill and Lifford barracksNext articleLetterkenny councillor to review tesco filling station planning file News Highland RELATED ARTICLESMORE FROM AUTHOR Pinterest Facebook Pinterest Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Facebook Twitter Need for issues with Mica redress scheme to be addressed raised in Seanad alsolast_img read more

Roads treacherous again tonight (Sunday)

first_img 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report WhatsApp By News Highland – December 5, 2010 Facebook Minister McConalogue says he is working to improve fishing quota Google+ Man arrested in Derry on suspicion of drugs and criminal property offences released Pinterest Donegal County Council is again afvising against unnecessary journeys as compacted snow once again freezes, leaving treacherous conditions on untreatedoads and on footpaths. This is the text of a statement issued by the council this evening.Weather alert issued by Donegal County Council this evening, 5th of December 2010.Donegal County Council are managing their limited salt supplies by using a 50:50 mixture of salt and grit to treat priority routes. The weather conditions have changed in the past 48hours from heavy show, to freezing conditions with showers of rain and sleet. This change resulted in widespread black ice and treacherous road conditions on Saturday and Sunday mornings . These conditions, which are expected to persist into the middle of next week, are forecast to be compunded by local heavy falls of snow across the county early on Monday. An Garda Siochana have asked the public to avoid travelling during these conditions. Donegal County Council are appealing to the widespread public to heed this advice, and to refrain from travelling if at all possible over the coming days. They have further advised that where travel cannot be avoided, a much reduced speed should be used and increased care taken, as motorists can expect black ice and treacherous conditions, even where roads have been treated. The National Roads Authority (NRA) have advised that national salt supplies are adequate but must be carefully managed to ensure priority routes  are dealt with, however long the cold weather continues  – the cold spell is predicted to last until the end of the coming week.  The NRA  are distributing salt on a carefully managed basis. Pinterest Previous articleGardai and council issue road warningsNext articleWater restrictions likely again tonight News Highland Newsx Advertscenter_img Facebook Roads treacherous again tonight (Sunday) Dail hears questions over design, funding and operation of Mica redress scheme WhatsApp Need for issues with Mica redress scheme to be addressed raised in Seanad also Dail to vote later on extending emergency Covid powers Google+ RELATED ARTICLESMORE FROM AUTHOR Twitter Twitterlast_img read more

The North’s DRD given more time to prepare A5 submissions

first_img Twitter Facebook By News Highland – March 20, 2013 Google+ Man arrested in Derry on suspicion of drugs and criminal property offences released Dail hears questions over design, funding and operation of Mica redress scheme Pinterest Twitter Dail to vote later on extending emergency Covid powers Facebook News The Department for Regional Development  has been given more time to make submissions in a legal case over the A5 dual carriageway.Last week, a judge said the department had not carried out a proper Habitats Directive assessment. The case was due to heard today but the case was adjourned as a DRD barrister was unavailable.A group of farmers and landowners is challenging the redevelopment of the A5 between Derry and Aughnacloy, County Tyrone.Last week Mr Justice Stephens said he was minded to quash the decision to proceed with the A5 project because the department had failed to carry out an appropriate assessment of the rivers Foyle and Finn special areas of conservation under the Habitats Directive.In the wake of that ruling, the Norths Regional Development Minister, Danny Kennedy said that his department will now prepare the necessary submissions in relation to the Habitats Directive.Mr Justice Stephens gave the the Department for Regional Development until today to make further submissions on the matter.This morning, a DRD lawyer conceded that if the judge found that there had not been an appropriate assessment carried out then a decision to proceed with the project had to be quashed.However, the judge ordered that all work cease until the matter is resolved. The DRD was also ordered to pay the adjournment hearing costs. Another hearing will take place on 12 April.center_img Pinterest WhatsApp Previous articleNorth West MEP says CAP agreement is good for DonegalNext articleGAA – Devine Calls Time On Tyrone News Highland Google+ 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report The North’s DRD given more time to prepare A5 submissions RELATED ARTICLESMORE FROM AUTHOR WhatsApp HSE warns of ‘widespread cancellations’ of appointments next week PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegallast_img read more

Fatal road traffic collision in County Tyrone

first_img Twitter HSE warns of ‘widespread cancellations’ of appointments next week Dail to vote later on extending emergency Covid powers Google+ Pinterest 365 additional cases of Covid-19 in Republic Fatal road traffic collision in County Tyrone Man arrested on suspicion of drugs and criminal property offences in Derry Google+ Facebook Facebook WhatsAppcenter_img Pinterest Previous articleThree people arrested in Derry following anti-social behaviour crackdownNext articleSt. Catherine’s are league champions admin Homepage BannerNews RELATED ARTICLESMORE FROM AUTHOR By admin – April 11, 2015 Twitter PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal WhatsApp One person has died following a  road crash in County Tyrone.The incident  happened on the Gortagammon Road, near Cookstown between midnight and one o’ clock this morning.A pedestrian and a vehicle were involved.The Gortagammon Road remains closed at this time.Police have appealed for anyone who witnessed the crash to contact them. Main Evening News, Sport and Obituaries Tuesday May 25thlast_img read more

Irish students amongst dead in California collapse

first_imgHomepage BannerNews WhatsApp Facebook WhatsApp Twitter Google+ Facebook Man arrested on suspicion of drugs and criminal property offences in Derry A number of Irish students have been killed after a balcony collapsed in Berkeley, California.Five people are dead and at least 8 others are critically injured after the fourth floor balcony collapsed at an apartment building on Kittridge Street near the University of California shortly before 9am Irish time.The Minister for Foreign Affairs Charlie Flanagan has described the incident as a “dreadful accident” and has activated his Department’s Consular Crisis Centre to help the families of the victims.An emergency response line has been opened – anyone with concerns about friends or family in the region, should call 01- 418 0200.Holly Kwan is a reporter with KBCS Radio in Berkeley California – she is at the scene:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/06/holl.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Main Evening News, Sport and Obituaries Tuesday May 25th RELATED ARTICLESMORE FROM AUTHOR Irish students amongst dead in California collapsecenter_img 365 additional cases of Covid-19 in Republic 75 positive cases of Covid confirmed in North Previous articleRow erupts in Council over Sinn Fein Easter Rising commemoration motionNext articleMan rushed to hospital after falling overboard of fishing vessel admin Twitter Pinterest Pinterest Google+ Further drop in people receiving PUP in Donegal By admin – June 16, 2015 Gardai continue to investigate Kilmacrennan firelast_img read more