Serko Incharge of new business

17 Aug 2019

first_imgOnline corporate travel booking company, Serko, has acquired Australasian expense management software provider Incharge, integrating its SaaS-based solution. The business purchase entitles Serko to access all of Incharge’s assets and customers, while there are plans to rename the company ‘Serko Incharge’, enhancing the product family brand. Serko has plans to launch a range of initiatives in 2014, including mobile products which incorporate patented technology that will assist organisations to simplify their expense management processes. “Travel makes up a third of the expense budget for corporations, and although Serko integrates with all the major expense management platforms such as SAP, Incharge have demonstrated to us that tight integration between the two tools can save travellers significant amounts of time and provide finance teams with near-real time visibility of spending,” Serko chief executive Darrin Grafton said.center_img From its base in Australia, Incharge supplies corporations in more than 26 countries with online expense controlling capabilities and will now work alongside Serko’s sales team and reseller base to expand market reach. Source = ETB News: P.T.last_img read more

first_imgOnline corporate travel booking company, Serko, has acquired Australasian expense management software provider Incharge, integrating its SaaS-based solution. The business purchase entitles Serko to access all of Incharge’s assets and customers, while there are plans to rename the company ‘Serko Incharge’, enhancing the product family brand. Serko has plans to launch a range of initiatives in 2014, including mobile products which incorporate patented technology that will assist organisations to simplify their expense management processes. “Travel makes up a third of the expense budget for corporations, and although Serko integrates with all the major expense management platforms such as SAP, Incharge have demonstrated to us that tight integration between the two tools can save travellers significant amounts of time and provide finance teams with near-real time visibility of spending,” Serko chief executive Darrin Grafton said.center_img From its base in Australia, Incharge supplies corporations in more than 26 countries with online expense controlling capabilities and will now work alongside Serko’s sales team and reseller base to expand market reach. Source = ETB News: P.T.last_img read more

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Modern Family on vacation in Australia

17 Aug 2019

first_imgThe “Australia” episode is due to air in late 2014.  “As the national carrier, Qantas is proud to be part of an opportunity to showcase Australia’s uniqueness as a destination on a global stage, and this exposure will no doubt make Australia top of mind for Americans and other potential visitors looking to plan their own family vacation,” Qantas Airways, chief executive officer, Allan Joyce said.  The cast of the hit tv show Modern Family have arrived in Australia for the filming of their “Australia” vacation episode.  Qantas Airways and 20th Century Fox announced the partnership to bring over the cast last month, with filming expected to occur in special Australian locations.center_img The episode is expected to deliver a big boost to local tourism, which has been facing challenges including a persistently high dollar and Australians’ greater interest in going overseas.  Source = ETB News, T.N.last_img read more

first_imgThe “Australia” episode is due to air in late 2014.  “As the national carrier, Qantas is proud to be part of an opportunity to showcase Australia’s uniqueness as a destination on a global stage, and this exposure will no doubt make Australia top of mind for Americans and other potential visitors looking to plan their own family vacation,” Qantas Airways, chief executive officer, Allan Joyce said.  The cast of the hit tv show Modern Family have arrived in Australia for the filming of their “Australia” vacation episode.  Qantas Airways and 20th Century Fox announced the partnership to bring over the cast last month, with filming expected to occur in special Australian locations.center_img The episode is expected to deliver a big boost to local tourism, which has been facing challenges including a persistently high dollar and Australians’ greater interest in going overseas.  Source = ETB News, T.N.last_img read more

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Ethiopian Airlines orders six Dreamliners

17 Aug 2019

first_imgBoeing and Ethiopian Airlines have announced an order for six 787-8 Dreamliner at the Paris Air Show.The order was previously attributed to an unidentified customer on Boeing’s Orders and Deliveries website.The Dreamliners complement the airline’s existing 13 787s currently operating in the fleet and are part of Ethiopian’s long-term strategy to increase capacity and provide greater route flexibility to and from its hub in Addis Ababa, Ethiopia.Ethiopian Airlines is the first African operator of the 787 and it already operates an all-Boeing fleet of 737, 757, 767, 777, and 787 airplanes in passenger service, and has 757, MD11, 777 and a 737-400F airplane in cargo operations. Source = Ethiopian Airlines Fly Ethiopian Airlinescenter_img World Aviationlast_img

first_imgBoeing and Ethiopian Airlines have announced an order for six 787-8 Dreamliner at the Paris Air Show.The order was previously attributed to an unidentified customer on Boeing’s Orders and Deliveries website.The Dreamliners complement the airline’s existing 13 787s currently operating in the fleet and are part of Ethiopian’s long-term strategy to increase capacity and provide greater route flexibility to and from its hub in Addis Ababa, Ethiopia.Ethiopian Airlines is the first African operator of the 787 and it already operates an all-Boeing fleet of 737, 757, 767, 777, and 787 airplanes in passenger service, and has 757, MD11, 777 and a 737-400F airplane in cargo operations. Source = Ethiopian Airlines Fly Ethiopian Airlinescenter_img World Aviationlast_img

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Dual christening for Evergreens Emerald Star Ships

17 Aug 2019

first_imgEvergreen Tours’ sister company Emerald Waterways held a dual christening event on Friday, August 21, in the Hungarian capital city of Budapest as it officially launched its two newest ‘Star Ships’ – the Emerald Sunand the Emerald Dawn –  with Godmothers from the UK and US travel industries, Julie Kendrick (Emerald Sun) and Kelly Bergin (Emerald Dawn).Evergreen’s award-winning Emerald ‘Star Ship’ fleet now totals four, with a fifth ship, Emerald Belle due in 2016.UK travel industry stalwart Julie Kendrick, carried out the godmother duties for the Emerald Sun and offered these words of praise: “The Emerald Sun, with her innovation and style, will bring immense enjoyment and everlasting memories for everyone who sails in her and to be not only part of that experience but to be Godmother means I am an Ambassador for her and a brand which I believe is leading the way in putting stylish and iconic vessels into the river cruise market…this privilege would take those ‘pinch me moments’ to another level!!”US travel industry veteran Kelly Bergin, the godmother of the Emerald Dawn, preceded her christening effort with her own words of excitement, “It is truly an exciting honour to be selected as the Godmother of the new Emerald Dawn and to be part of the Emerald Waterways brand, which represents the best of what our industry has to offer.”Julie Kendrick who, having starting her career as counter sales staff at Co-operative Travel over 25 years ago, has risen through the UK travel industry’s ranks to become Head of Commercial and Marketing at Midcounties Co-operative Travel, the UK largest independent Co-operative.Kelly Bergin has more than 25 years experience in the travel industry and was recently named President of OASIS, a national affiliation of independent travel consultants, and one of the largest Internet-based travel companies in the US.Both Godmothers share a true love and passion for cruising – and as strong advocates of the fastest growing segment known as river cruising, support and train countless other travel professionals. Book your cruise with Evergreen ToursSource = Evergreen Tourslast_img read more

first_imgEvergreen Tours’ sister company Emerald Waterways held a dual christening event on Friday, August 21, in the Hungarian capital city of Budapest as it officially launched its two newest ‘Star Ships’ – the Emerald Sunand the Emerald Dawn –  with Godmothers from the UK and US travel industries, Julie Kendrick (Emerald Sun) and Kelly Bergin (Emerald Dawn).Evergreen’s award-winning Emerald ‘Star Ship’ fleet now totals four, with a fifth ship, Emerald Belle due in 2016.UK travel industry stalwart Julie Kendrick, carried out the godmother duties for the Emerald Sun and offered these words of praise: “The Emerald Sun, with her innovation and style, will bring immense enjoyment and everlasting memories for everyone who sails in her and to be not only part of that experience but to be Godmother means I am an Ambassador for her and a brand which I believe is leading the way in putting stylish and iconic vessels into the river cruise market…this privilege would take those ‘pinch me moments’ to another level!!”US travel industry veteran Kelly Bergin, the godmother of the Emerald Dawn, preceded her christening effort with her own words of excitement, “It is truly an exciting honour to be selected as the Godmother of the new Emerald Dawn and to be part of the Emerald Waterways brand, which represents the best of what our industry has to offer.”Julie Kendrick who, having starting her career as counter sales staff at Co-operative Travel over 25 years ago, has risen through the UK travel industry’s ranks to become Head of Commercial and Marketing at Midcounties Co-operative Travel, the UK largest independent Co-operative.Kelly Bergin has more than 25 years experience in the travel industry and was recently named President of OASIS, a national affiliation of independent travel consultants, and one of the largest Internet-based travel companies in the US.Both Godmothers share a true love and passion for cruising – and as strong advocates of the fastest growing segment known as river cruising, support and train countless other travel professionals. Book your cruise with Evergreen ToursSource = Evergreen Tourslast_img read more

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GDay Thailand

17 Aug 2019

first_imgSource = Tourism Authority of Thailand G’Day ThailandG’Day ThailandYou might be wondering what this is all about!From the 5th to the 6th of September the Tourism Authority of Thailand (TAT) is showing everything Thailand!This is a completely FREE event where you can watch and participate in Muay Thai, learn how to do traditional Thai fruit carving, grab some mouth-watering takeaway from our pop-up restaurants Chat Thai and Spice I am or get into the action by making you favourite Thai dish with our cooking demonstrator, you can even enjoy a relaxing Thai Massage before heading home after a long day at work.Pop on over to the Information Booth to find out more about Thailand and how you can score yourself a return ticket to Thailand plus much more! Fly THAI Amazing Thailand Thinking about Thailand or planning your next exotic island holiday?Come and enjoy our fun-packed day at Martin Place.Enter the draw for your chance to win a ticket* to Thailand.*Lucky draw’s terms and conditions:The lucky winner must be present at the site during the lucky draw from 6 – 6.30 pm on both days. We reserve the right to redraw if the winner is not present.last_img read more

first_imgSource = Tourism Authority of Thailand G’Day ThailandG’Day ThailandYou might be wondering what this is all about!From the 5th to the 6th of September the Tourism Authority of Thailand (TAT) is showing everything Thailand!This is a completely FREE event where you can watch and participate in Muay Thai, learn how to do traditional Thai fruit carving, grab some mouth-watering takeaway from our pop-up restaurants Chat Thai and Spice I am or get into the action by making you favourite Thai dish with our cooking demonstrator, you can even enjoy a relaxing Thai Massage before heading home after a long day at work.Pop on over to the Information Booth to find out more about Thailand and how you can score yourself a return ticket to Thailand plus much more! Fly THAI Amazing Thailand Thinking about Thailand or planning your next exotic island holiday?Come and enjoy our fun-packed day at Martin Place.Enter the draw for your chance to win a ticket* to Thailand.*Lucky draw’s terms and conditions:The lucky winner must be present at the site during the lucky draw from 6 – 6.30 pm on both days. We reserve the right to redraw if the winner is not present.last_img read more

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Sedona Suites Ho Chi Minh Citys new Grand Tower celebrates the openin

17 Aug 2019

first_imgGrand Two Bedroom – Guest RoomSedona Suites Ho Chi Minh City’s new Grand Tower celebrates the openingSedona Suites Ho Chi Minh City’s (HCMC) Grand Tower invites families, friends and business travelers to make memories and experience the convenience and luxury that only the property can offer. Located in the heart of HCMC’s CBD in District 1 along Le Loi Boulevard, Sedona Suites provides a central location for guests to explore the cultural and family-friendly attractions of the city, especially over the upcoming weeks of school holidays on the calendar for most travelers. Guests are urged to book now to take advantage of the Grand Tower Opening Offer which provides complimentary WiFi, daily housekeeping, and discounted nightly rates.In Ho Chi Minh City, or Saigon as it is still commonly referred, modern office skyscrapers intermingle with Asian style landmarks and food stalls along the street, creating a unique, dynamic urban area. The city is considered the best place in Vietnam for entertainment with an abundance of amusement parks and complexes with zoos, sceneries, water and non-water games – well-fitted for a family trip.And there’s no better place to stay with your family than Sedona Suites Ho Chi Minh City’s new Grand Tower conveniently housed within the city’s Saigon Centre. Guests can enjoy the host of retail, dining and lifestyle outlets located right downstairs at the retail mall at Saigon Centre, and walk to key amenities such as shops, markets, cultural sites, world-class dining and a host of entertainment and recreational options.Suites at the new Grand Tower are available in different configurations such as studio, one-, two- and three-bedroom for short- and long-term stay. A flexible design layout allows for select studio apartments to be combined with larger units to cater to families.Sedona Suites are known for contemporary design and warm hospitality.  On property, guests can enjoy luxury amenities including 24-hour concierge and security, laundry and dry-cleaning services, room service and airport transfers relieving the stress that might accompany traveling with family.  Recreational facilities include a swimming pool and three on-site restaurants serving various local and international cuisines so there is something for everyone to enjoy.Prices start from VND3,208,000++ per night and are now available for short- and long-term bookings. For more information or to book your stay, please call +84 28 3822 9888 or visit our website at: http://www.sedonahotels.com.sg/hochiminhcity/grand-tower/.About Sedona Hotels and SuitesThe name Sedona was derived from the pure white Dendrobium Sedona orchid, which was bred for the first time in 1984 at the Singapore Botanic Gardens. Under the careful nurturing of its breeders, it finally bloomed in 1994 and was unveiled at the launch ceremony of Sedona Hotels. A thing of beauty, the Dendrobium Sedona perfectly optimises the level of warm, gracious and personable hospitality the Sedona brand strives to offer. Sedona Hotels & Suites is a collection of hotels and serviced apartments located in Yangon, Myanmar, as well as Ho Chi Minh City, Vietnam.Sedona Hotels and Suites are managed by Keppel Land Hospitality Management. For more information, please visit www.sedonahotels.com.sg Source = Sedona Hotels and Suiteslast_img read more

first_imgGrand Two Bedroom – Guest RoomSedona Suites Ho Chi Minh City’s new Grand Tower celebrates the openingSedona Suites Ho Chi Minh City’s (HCMC) Grand Tower invites families, friends and business travelers to make memories and experience the convenience and luxury that only the property can offer. Located in the heart of HCMC’s CBD in District 1 along Le Loi Boulevard, Sedona Suites provides a central location for guests to explore the cultural and family-friendly attractions of the city, especially over the upcoming weeks of school holidays on the calendar for most travelers. Guests are urged to book now to take advantage of the Grand Tower Opening Offer which provides complimentary WiFi, daily housekeeping, and discounted nightly rates.In Ho Chi Minh City, or Saigon as it is still commonly referred, modern office skyscrapers intermingle with Asian style landmarks and food stalls along the street, creating a unique, dynamic urban area. The city is considered the best place in Vietnam for entertainment with an abundance of amusement parks and complexes with zoos, sceneries, water and non-water games – well-fitted for a family trip.And there’s no better place to stay with your family than Sedona Suites Ho Chi Minh City’s new Grand Tower conveniently housed within the city’s Saigon Centre. Guests can enjoy the host of retail, dining and lifestyle outlets located right downstairs at the retail mall at Saigon Centre, and walk to key amenities such as shops, markets, cultural sites, world-class dining and a host of entertainment and recreational options.Suites at the new Grand Tower are available in different configurations such as studio, one-, two- and three-bedroom for short- and long-term stay. A flexible design layout allows for select studio apartments to be combined with larger units to cater to families.Sedona Suites are known for contemporary design and warm hospitality.  On property, guests can enjoy luxury amenities including 24-hour concierge and security, laundry and dry-cleaning services, room service and airport transfers relieving the stress that might accompany traveling with family.  Recreational facilities include a swimming pool and three on-site restaurants serving various local and international cuisines so there is something for everyone to enjoy.Prices start from VND3,208,000++ per night and are now available for short- and long-term bookings. For more information or to book your stay, please call +84 28 3822 9888 or visit our website at: http://www.sedonahotels.com.sg/hochiminhcity/grand-tower/.About Sedona Hotels and SuitesThe name Sedona was derived from the pure white Dendrobium Sedona orchid, which was bred for the first time in 1984 at the Singapore Botanic Gardens. Under the careful nurturing of its breeders, it finally bloomed in 1994 and was unveiled at the launch ceremony of Sedona Hotels. A thing of beauty, the Dendrobium Sedona perfectly optimises the level of warm, gracious and personable hospitality the Sedona brand strives to offer. Sedona Hotels & Suites is a collection of hotels and serviced apartments located in Yangon, Myanmar, as well as Ho Chi Minh City, Vietnam.Sedona Hotels and Suites are managed by Keppel Land Hospitality Management. For more information, please visit www.sedonahotels.com.sg Source = Sedona Hotels and Suiteslast_img read more

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Corendon Boeing 747 has landed in hotel garden

17 Aug 2019

first_imgCorendon Boeing 747 has ‘landed’ in hotel gardenCorendon Boeing 747 has ‘landed’ in hotel gardenAfter a five-day mega transport from Amsterdam Airport Schiphol to Badhoevedorp, the Corendon Boeing 747 has arrived in the garden of the Corendon Village Hotel this morning. There the plane will be converted into a 5D-experience about the 747 and the history of aviation later this year.De Boeing began its last journey from Schiphol Airport on Tuesday night. The dismantled aircraft was placed on a trailer of specialised transport company Mammoet to cover the 12.5 kilometers to the hotel. During that, the aircraft had to cross 17 ditches, highway A9 and one provincial road. The A9 was successfully crossed in the night from Friday to Saturday. In the night from Saturday to Sunday, the transport crossed the Schipholweg after which it was parked backwards into the hotel garden, requiring 57 movements. The spectacular transport attracted worldwide attention and was covered by national en international media.HeavyweightThe Boeing 747 is the former KLM aircraft ‘City of Bangkok’ that will be given a new final destination in the hotel garden after 30 years of reliable service. The plane is 64 meters wide, 71 meters long and weighs 160 tons. To keep it safe and steady, the aircraft has been lifted on 1.5 meters high steel bases, totalling 15 tons of steel. These are built on heavy concrete slabs, strong enough to carry the enormous weight.5D experienceDe Boeing will be converted into a 5D experience later this year. Visitors will be able to walk on, over or under the plane and visit places that are normally not accessible to the public. They can visit the cargo area where the luggage is loaded, learn about the fuelling of the plane, take a look in the kitchen of the business class and the cockpit on the upper deck. They can even do a wing walk over the thirty-meter-long wings. Visitors also make a journey through the history of aviation. That begins with the ancient human desire to fly and leads them from the first serious flight attempts around 1900 to the development of the Boeing 747. The highlight of the trip is the 5D experience, in which they can experience flying in all its facets. The garden where the Boeing is placed is partly an ecozone, open to hotel guests, and can be used as a festival site.Fitting and measuringCorendon founder Atilay Uslu had booked a room in the hotel. Exactly on the spot where – if everything went well – the nose of the Boeing would be placed in front of the window.  ,,When I opened the curtains this morning, I saw her in full glory. I realized that after months of preparation we really succeeded in getting the plane to its final place with a lot of fitting and measuring. That kind of takes your breath away”,  he says.Corendon has expressed its thanks for the cooperation of the municipality of Haarlemmermeer, government agencies, various companies and its own employees, without whom the stunt could never have been successful.Iconic planeThe transport of the aircraft this weekend coincided with the celebration of the first test flight of the Boeing 747 on February 9th, 1969, exactly fifty years ago. The 747 is an iconic plane and was the largest aircraft in the world until 2007. It could transport 2.5 times more passengers than other conventional types. It was also the first wide body aircraft, with two aisles. Characteristic is also the upper deck, where the cockpit is located. KLM introduced the first Boeing 747 in its fleet in 1971. The ‘City of Bangkok’, which was added to the fleet in 1989, was then baptized by nine Thai monks. After almost thirty years of loyal service, the repainted aircraft now decorates the Corendon hotel garden.The transport in figuresThe last five-day trip of the Boeing was an impressive operation. The plane first had to be transported 8 kilometers over the Schiphol airport area and then another 4.5 kilometers through the fields. Heavy transport specialist Mammoet transported the 160-tons aircraft on a trailer that weighed even more: over 200 tons. The trailer divided the weight of the Boeing over 192 wheels. To make sure the trailer would not sink into the marshy land, a special road was constructed of approximately 2.100 metal road plates weighing 1.500 kilos each. Special bridges were built over the 17 ditches. The trailer was traveling at a speed of 5 kilometers per hour and was controlled remotely by people from Mammoet, who walked beside it. It was powered by two so-called power packs, each with a capacity of 390kW, generating more than 1000 hp. A total of 18 turns had to be taken during transport, of which the first 7 were on the airport. Source = Corendon Village Hotellast_img read more

first_imgCorendon Boeing 747 has ‘landed’ in hotel gardenCorendon Boeing 747 has ‘landed’ in hotel gardenAfter a five-day mega transport from Amsterdam Airport Schiphol to Badhoevedorp, the Corendon Boeing 747 has arrived in the garden of the Corendon Village Hotel this morning. There the plane will be converted into a 5D-experience about the 747 and the history of aviation later this year.De Boeing began its last journey from Schiphol Airport on Tuesday night. The dismantled aircraft was placed on a trailer of specialised transport company Mammoet to cover the 12.5 kilometers to the hotel. During that, the aircraft had to cross 17 ditches, highway A9 and one provincial road. The A9 was successfully crossed in the night from Friday to Saturday. In the night from Saturday to Sunday, the transport crossed the Schipholweg after which it was parked backwards into the hotel garden, requiring 57 movements. The spectacular transport attracted worldwide attention and was covered by national en international media.HeavyweightThe Boeing 747 is the former KLM aircraft ‘City of Bangkok’ that will be given a new final destination in the hotel garden after 30 years of reliable service. The plane is 64 meters wide, 71 meters long and weighs 160 tons. To keep it safe and steady, the aircraft has been lifted on 1.5 meters high steel bases, totalling 15 tons of steel. These are built on heavy concrete slabs, strong enough to carry the enormous weight.5D experienceDe Boeing will be converted into a 5D experience later this year. Visitors will be able to walk on, over or under the plane and visit places that are normally not accessible to the public. They can visit the cargo area where the luggage is loaded, learn about the fuelling of the plane, take a look in the kitchen of the business class and the cockpit on the upper deck. They can even do a wing walk over the thirty-meter-long wings. Visitors also make a journey through the history of aviation. That begins with the ancient human desire to fly and leads them from the first serious flight attempts around 1900 to the development of the Boeing 747. The highlight of the trip is the 5D experience, in which they can experience flying in all its facets. The garden where the Boeing is placed is partly an ecozone, open to hotel guests, and can be used as a festival site.Fitting and measuringCorendon founder Atilay Uslu had booked a room in the hotel. Exactly on the spot where – if everything went well – the nose of the Boeing would be placed in front of the window.  ,,When I opened the curtains this morning, I saw her in full glory. I realized that after months of preparation we really succeeded in getting the plane to its final place with a lot of fitting and measuring. That kind of takes your breath away”,  he says.Corendon has expressed its thanks for the cooperation of the municipality of Haarlemmermeer, government agencies, various companies and its own employees, without whom the stunt could never have been successful.Iconic planeThe transport of the aircraft this weekend coincided with the celebration of the first test flight of the Boeing 747 on February 9th, 1969, exactly fifty years ago. The 747 is an iconic plane and was the largest aircraft in the world until 2007. It could transport 2.5 times more passengers than other conventional types. It was also the first wide body aircraft, with two aisles. Characteristic is also the upper deck, where the cockpit is located. KLM introduced the first Boeing 747 in its fleet in 1971. The ‘City of Bangkok’, which was added to the fleet in 1989, was then baptized by nine Thai monks. After almost thirty years of loyal service, the repainted aircraft now decorates the Corendon hotel garden.The transport in figuresThe last five-day trip of the Boeing was an impressive operation. The plane first had to be transported 8 kilometers over the Schiphol airport area and then another 4.5 kilometers through the fields. Heavy transport specialist Mammoet transported the 160-tons aircraft on a trailer that weighed even more: over 200 tons. The trailer divided the weight of the Boeing over 192 wheels. To make sure the trailer would not sink into the marshy land, a special road was constructed of approximately 2.100 metal road plates weighing 1.500 kilos each. Special bridges were built over the 17 ditches. The trailer was traveling at a speed of 5 kilometers per hour and was controlled remotely by people from Mammoet, who walked beside it. It was powered by two so-called power packs, each with a capacity of 390kW, generating more than 1000 hp. A total of 18 turns had to be taken during transport, of which the first 7 were on the airport. Source = Corendon Village Hotellast_img read more

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TTF heralds strong travel season

16 Aug 2019

first_imgTTF (Travel & Tourism Fair) kick-started business for the busy Diwali holiday season. There were over 400 participants who have set up colourful pavilions at Gujarat University Exhibition Hall. Participants from 9 countries and 27 Indian States & Union Territories came to sell at TTF Ahmedabad. These included state tourism boards, national tourist offices, hoteliers, airlines, tour operators and travel agents, online travel companies, railways, cruises and other travel marketers.“Considering TTF has registered a healthy growth over last year, a strong Diwali season is expected,” said Sanjiv Agarwal, Chairman & CEO, Fairfest Media, the organiser of TTF. “Western India in general and Ahmedabad in particular is the most important market for the travel industry in this season,” he added.There were colourful displays of various places one can visit, with a hint of their various attractions. Eye-catching displays were put up by Andaman & Nicobar, Andhra Pradesh, Assam, Bihar, Chhattisgarh, Daman & Diu, Delhi, Goa, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Karnataka, Kerala, Lakshadweep, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Sikkim, Tamil Nadu, Telangana, Uttarakhand, Uttar Pradesh, West Bengal and of course the Host State Gujarat to cater to the local tourists.Among the countries represented were Thailand, New Zealand, Oman, Maldives, UAE, China, India, Nepal and Uzbekistan eyeing for the booming Gujarati outbound market.First two days of the show (i.e. Friday and Saturday) were reserved for the travel trade visitors only, and the last day (Sunday), show was open for all.To enhance and showcase their respective offerings, aside from attractive and elegant stalls, participating states and countries presented daily cultural events and marketing presentations to trade visitors and the media.Jammu & Kashmir Tourism organised a special road show on the side-lines of TTF Ahmedabad to woo Gujarati tourists.The TTF series has important value additions like pre-registration for trade visitors, more travel trade engagements, focus on B2B, etc. The specially branded section, Outbound Village @ TTF helps expand the outbound presence.The TTF Award for Contribution in Tourism has been instituted by Fairfest Media to recognise leading travel producers and buyers. Awardees received the recognition and walked the show. In addition, an equal number of sellers participating in the show were awarded, on the concluding day of the event.During the three days of TTF Ahmedabad, there was special networking sessions by top travel associations where their members discussed their own issues to find solutions contributing to the big picture.TTF is supported by Incredible India, OTOAI, ATOAI, ADTOI, IATO and IAAI. Travel News Digest is the official trade publication of TTF.Immediately after Ahmedabad, TTF will take place in subsequent weekends in Surat (September 18, 19, 20), Mumbai (September 24, 25 26) and Pune (October 2, 3, 4).Later this year, TTF is scheduled in Guwahati, and next year in Chennai, Bengaluru and New Delhi (Jan-Feb ’16), in addition to the grand finale in Mumbai (Feb) – branded as OTM where more than a thousand participants from all over the world exhibit.TTF is the largest network of travel shows in India, with over 50% market share.last_img read more

first_imgTTF (Travel & Tourism Fair) kick-started business for the busy Diwali holiday season. There were over 400 participants who have set up colourful pavilions at Gujarat University Exhibition Hall. Participants from 9 countries and 27 Indian States & Union Territories came to sell at TTF Ahmedabad. These included state tourism boards, national tourist offices, hoteliers, airlines, tour operators and travel agents, online travel companies, railways, cruises and other travel marketers.“Considering TTF has registered a healthy growth over last year, a strong Diwali season is expected,” said Sanjiv Agarwal, Chairman & CEO, Fairfest Media, the organiser of TTF. “Western India in general and Ahmedabad in particular is the most important market for the travel industry in this season,” he added.There were colourful displays of various places one can visit, with a hint of their various attractions. Eye-catching displays were put up by Andaman & Nicobar, Andhra Pradesh, Assam, Bihar, Chhattisgarh, Daman & Diu, Delhi, Goa, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Karnataka, Kerala, Lakshadweep, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Sikkim, Tamil Nadu, Telangana, Uttarakhand, Uttar Pradesh, West Bengal and of course the Host State Gujarat to cater to the local tourists.Among the countries represented were Thailand, New Zealand, Oman, Maldives, UAE, China, India, Nepal and Uzbekistan eyeing for the booming Gujarati outbound market.First two days of the show (i.e. Friday and Saturday) were reserved for the travel trade visitors only, and the last day (Sunday), show was open for all.To enhance and showcase their respective offerings, aside from attractive and elegant stalls, participating states and countries presented daily cultural events and marketing presentations to trade visitors and the media.Jammu & Kashmir Tourism organised a special road show on the side-lines of TTF Ahmedabad to woo Gujarati tourists.The TTF series has important value additions like pre-registration for trade visitors, more travel trade engagements, focus on B2B, etc. The specially branded section, Outbound Village @ TTF helps expand the outbound presence.The TTF Award for Contribution in Tourism has been instituted by Fairfest Media to recognise leading travel producers and buyers. Awardees received the recognition and walked the show. In addition, an equal number of sellers participating in the show were awarded, on the concluding day of the event.During the three days of TTF Ahmedabad, there was special networking sessions by top travel associations where their members discussed their own issues to find solutions contributing to the big picture.TTF is supported by Incredible India, OTOAI, ATOAI, ADTOI, IATO and IAAI. Travel News Digest is the official trade publication of TTF.Immediately after Ahmedabad, TTF will take place in subsequent weekends in Surat (September 18, 19, 20), Mumbai (September 24, 25 26) and Pune (October 2, 3, 4).Later this year, TTF is scheduled in Guwahati, and next year in Chennai, Bengaluru and New Delhi (Jan-Feb ’16), in addition to the grand finale in Mumbai (Feb) – branded as OTM where more than a thousand participants from all over the world exhibit.TTF is the largest network of travel shows in India, with over 50% market share.last_img read more

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Applications Refis on the Rise According to Weekly Index

15 Aug 2019

first_imgApplications, Refis on the Rise According to Weekly Index Share September 28, 2011 533 Views The weekly mortgage applications numbers are in, and current data shows an increase nationally. The “”Mortgage Bankers Association’s””:http://www.mbaa.org/default.htm Weekly Mortgage Applications Survey for the week ended September 23, 2011 demonstrated a 9.3 percent rise in mortgage loan application volume on a seasonally-adjusted basis, according to the Market Composite Index contained within the report.[IMAGE]Unadjusted statistics showed a comparable 9.2 percent increase in volume for the week, and the survey’s Purchase Index rose 2.6 percent on a seasonally-adjusted basis from week to week. The unadjusted Purchase Index demonstrated a 2.2 percent rise from last week and 0.1 percent hike year-over-year.The four-week moving average for the Market Index gained ground with a 1.96 percent improvement between weeks by seasonally-adjusted numbers, and the four week moving average is also elevated for the Refinance Index, which was up 2.6 percent this week. However, the four week moving average for the Purchase Index headed south, declining by 0.18 percent.MBA’s vice president of research and economics, Mike Fratantoni, commented on the current report, saying, “”Mortgage rates declined last week, at least partially in response to the Fed’s announcement that they would shift their portfolio towards longer-term Treasury securities, and that they would resume buying mortgage-backed securities. With lower rates,[COLUMN_BREAK]refinance application volume increased to its highest level since August 19, 2011. Purchase application volume also increased. However, the increase was in conventional purchase applications, which were up by 4.9 percent. Purchase applications for government loans fell by 0.6 percent over the week, likely influenced by the pending decline in FHA loan limits.””The survey showed refinances were up, totaling 79.7 percent of total applications recorded for the week, versus 78.3 percent from the week prior. Adjustable-rate mortgages saw a decrease in market share, dropping to 6.1 percent off of 6.7 percent during the previous week. Month-to-month statistics between July and August were also released, and the country’s average loan size rang in at $212,700 for August, displaying improvement from $211,200 in July. Average refinancing loan sizes saw a more demonstrable rise, going from $209,200 to $241,300 between months. The largest loans purchased and refinanced were focused in the Pacific region of the U.S., with totals of $304,800 and $344,500 respectively.Interest rates for 30-year fixed-rate mortgages with conforming loan balances – those under $417,500 – dropped to 4.25 percent off of 4.29 from week to week, and the effective rate also declined. Average contract interest rates for 30-year fixed-rate mortgages with jumbo loan balances – those above $417,500 – fell as well, landing at 4.51 percent off of 4.55 percent during the prior week. The effective rate for jumbo loans was also down.Average contract interest rates for 15-year fixed-rate mortgages were up, going from 3.46 percent to 3.47 percent between weeks, while points remained unchanged. Rates for 5/1 ARMs dropped to 2.95 percent from 2.96 percent during the previous week and points were down as well. The weekly MBA surveys cover roughly 75 percent of all U.S. retail residential mortgage applications and full reports are available through MBA Research (202.557.2830, mbaresearch@mortgagebankers.org).├âÔÇÜ├é┬ácenter_img in Data, Government, Origination, Secondary Market, Servicing, Technology Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Mortgage Applications Mortgage Bankers Association Processing Service Providers 2011-09-28 Abby Gregorylast_img read more

first_imgApplications, Refis on the Rise According to Weekly Index Share September 28, 2011 533 Views The weekly mortgage applications numbers are in, and current data shows an increase nationally. The “”Mortgage Bankers Association’s””:http://www.mbaa.org/default.htm Weekly Mortgage Applications Survey for the week ended September 23, 2011 demonstrated a 9.3 percent rise in mortgage loan application volume on a seasonally-adjusted basis, according to the Market Composite Index contained within the report.[IMAGE]Unadjusted statistics showed a comparable 9.2 percent increase in volume for the week, and the survey’s Purchase Index rose 2.6 percent on a seasonally-adjusted basis from week to week. The unadjusted Purchase Index demonstrated a 2.2 percent rise from last week and 0.1 percent hike year-over-year.The four-week moving average for the Market Index gained ground with a 1.96 percent improvement between weeks by seasonally-adjusted numbers, and the four week moving average is also elevated for the Refinance Index, which was up 2.6 percent this week. However, the four week moving average for the Purchase Index headed south, declining by 0.18 percent.MBA’s vice president of research and economics, Mike Fratantoni, commented on the current report, saying, “”Mortgage rates declined last week, at least partially in response to the Fed’s announcement that they would shift their portfolio towards longer-term Treasury securities, and that they would resume buying mortgage-backed securities. With lower rates,[COLUMN_BREAK]refinance application volume increased to its highest level since August 19, 2011. Purchase application volume also increased. However, the increase was in conventional purchase applications, which were up by 4.9 percent. Purchase applications for government loans fell by 0.6 percent over the week, likely influenced by the pending decline in FHA loan limits.””The survey showed refinances were up, totaling 79.7 percent of total applications recorded for the week, versus 78.3 percent from the week prior. Adjustable-rate mortgages saw a decrease in market share, dropping to 6.1 percent off of 6.7 percent during the previous week. Month-to-month statistics between July and August were also released, and the country’s average loan size rang in at $212,700 for August, displaying improvement from $211,200 in July. Average refinancing loan sizes saw a more demonstrable rise, going from $209,200 to $241,300 between months. The largest loans purchased and refinanced were focused in the Pacific region of the U.S., with totals of $304,800 and $344,500 respectively.Interest rates for 30-year fixed-rate mortgages with conforming loan balances – those under $417,500 – dropped to 4.25 percent off of 4.29 from week to week, and the effective rate also declined. Average contract interest rates for 30-year fixed-rate mortgages with jumbo loan balances – those above $417,500 – fell as well, landing at 4.51 percent off of 4.55 percent during the prior week. The effective rate for jumbo loans was also down.Average contract interest rates for 15-year fixed-rate mortgages were up, going from 3.46 percent to 3.47 percent between weeks, while points remained unchanged. Rates for 5/1 ARMs dropped to 2.95 percent from 2.96 percent during the previous week and points were down as well. The weekly MBA surveys cover roughly 75 percent of all U.S. retail residential mortgage applications and full reports are available through MBA Research (202.557.2830, mbaresearch@mortgagebankers.org).├âÔÇÜ├é┬ácenter_img in Data, Government, Origination, Secondary Market, Servicing, Technology Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Mortgage Applications Mortgage Bankers Association Processing Service Providers 2011-09-28 Abby Gregorylast_img read more

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Commentary Whats Up or Down With Housing

15 Aug 2019

first_img April 26, 2013 395 Views Agents & Brokers Attorneys & Title Companies For-Sale Homes Home Prices Home Sales Home Values Investors Lenders & Servicers Mark Lieberman National Association of Realtors Pending-Home Sales Processing Service Providers 2013-04-26 Mark Lieberman Share Commentary: What’s Up (or Down) With Housing?center_img Housing is recovering… or is it?The numbers and headlines last week offered mixed signals: “”Existing home sales dropped””:https://themreport.com/articles/prices-up-existing-home-sales-down-in-march-2013-04-22 month-to-month in a report Monday as the median price increased, while a report Tuesday showed “”new home sales fell””:https://themreport.com/articles/price-plunge-boosts-march-new-home-sales-2013-04-23 as the median price increased.[IMAGE]Just one week earlier, the “”Housing Market Index””:https://themreport.com/articles/weak-prices-drop-builder-confidence-for-3rd-straight-month-2013-04-15, a measure derived from a survey conducted by the National Association of Home Builders, dropped for the third straight month–largely on the basis of a decline in “”buyer traffic,”” meaning that at least in the eye of builders, window-shopping–literally–is slipping.Apologists (some might call them advocates) offer a variety of reasons to explain housing’s inability to rebound smartly or smoothly after the sector plunged, plagued by ill-conceived loans and lending policies. One factor staring builders and Realtors in the face but often overlooked is demographics.In the run-up to housing peak in mid-2006, the ratio of the 55-plus age cohort (the home-selling age bracket) to 25-34 year old age cohort (historically the prime homebuying age bracket) was about 1.6 to 1, loosely translated as 1.6 potential home sellers (though not everyone over the age of 55 owns a home) for every potential buyer (again, the caveat that not everyone between the ages of 25 and 34 is going to buy a home). Most recent data show the ratio has risen to closer to almost 2 to 1.That shift alone would have an impact on prices which becomes circular: With more sellers than buyers, prices would tend to drop, perhaps discouraging other potential sellers. In pure economic terms, discouraging potential sellers would reduce the inventory of homes for sale (which is what has happened, for example, with regard to existing home sales), which should bring prices back up–or at least stabilize them.Builders continue to add to the inventory of new homes. In March, builders completed 593,000 new single family homes–176,000 more than were sold, the largest “”gap”” between completions and sales since August 2011.That prices have been volatile–falling each month from last July through last October, the traditional home selling/buying season while then increasing in four of the last five months–speaks to the unusual nature of housing as both a necessary expense (shelter) and an investment vehicle.Prices for both new and existing homes as reported monthly are subject to wide swings because the mix of homes sold each month can vary, unlike other “”products”” that may be sold regularly. We don’t see a sudden shift to [COLUMN_BREAK]multi-gallon drums of, say, green beans, which might affect both the median and average price of green beans.We have though seen a shift to less expensive new homes, according to recent Census Bureau reports, with a likelihood that trend will continue as new mortgage rules take effect next January. Those rules would both tighten down payment requirements and the allowable debt to income ratio of buyers/borrowers, otherwise compelling lenders to hold a portion of the loans they make.Now, while that may sound like a good idea from a risk perspective, it creates another hurdle for would-be home buyers–a hurdle that 25-34 year old age cohort might find difficult to surmount. Beyond immediate financial considerations are psychological challenges. Having perhaps seen their parents or parents of friends struggle through foreclosures, new, younger households will be reluctant to buy homes, or certainly reluctant to buy homes without a significant down payment that would lower their monthly obligations, much like children of the Great Depression who grew up with a different appreciation of both money and savings. With a still tight and uncertain job market, those obstacles become even greater.That could explain the other seismic change we’re seeing in housing: a shift from single- to multifamily. Data for both permits and starts confirm the trend.Permits for single-family homes represented about 64 percent of all permits in the last 12 months compared with 66 percent in the previous 12 months. Single-family starts have dropped to 68 percent of all housing starts from 71 percent.A housing recovery is as necessary for a general economic recovery as an economic recovery is for the housing sector.It will, though, be a different recovery.————————————————————————-There will be two important housing reports in the upcoming week, with Tuesday’s Case-Shiller House Price Index followed by Wednesday’s Pending Home Sales Index (PHSI) report from the National Association of Realtors. Home prices, according to Case-Shiller, have improved year-over-year for eight straight months. The 8.1 percent annual increase in the 20-city Case-Shiller Index reported for January was the strongest gain in almost seven years. Though not simply a reflection of NAR data for existing homes, the February Case-Shiller index should reflect the improvement in the median price of an existing single-family home as reported by the NAR.The PHSI has proven to be less than a reliable indicator of existing-home sales though it is designed to track sales contracts expected to produce closings two months later. In the last four months, closings of existing single-family homes have done precisely the opposite of what the PHSI (two months earlier) would have suggested. The PHSI rose in October, but closings fell in December; the index fell in both November and December, but closings rose in January and February; the index improved in January but closings dropped in March._Hear Mark Lieberman on P.O.T.U.S. radio (SiriusXM 124) Friday at 8:45 a.m. Eastern time._*_Want to write an opinion piece for publication on our site? Send your submission to_* “”MReportEditor@TheMReport.com.””:mailto:MReportEditor@TheMReport.com in Data, Government, Origination, Secondary Market, Servicinglast_img read more

first_img April 26, 2013 395 Views Agents & Brokers Attorneys & Title Companies For-Sale Homes Home Prices Home Sales Home Values Investors Lenders & Servicers Mark Lieberman National Association of Realtors Pending-Home Sales Processing Service Providers 2013-04-26 Mark Lieberman Share Commentary: What’s Up (or Down) With Housing?center_img Housing is recovering… or is it?The numbers and headlines last week offered mixed signals: “”Existing home sales dropped””:https://themreport.com/articles/prices-up-existing-home-sales-down-in-march-2013-04-22 month-to-month in a report Monday as the median price increased, while a report Tuesday showed “”new home sales fell””:https://themreport.com/articles/price-plunge-boosts-march-new-home-sales-2013-04-23 as the median price increased.[IMAGE]Just one week earlier, the “”Housing Market Index””:https://themreport.com/articles/weak-prices-drop-builder-confidence-for-3rd-straight-month-2013-04-15, a measure derived from a survey conducted by the National Association of Home Builders, dropped for the third straight month–largely on the basis of a decline in “”buyer traffic,”” meaning that at least in the eye of builders, window-shopping–literally–is slipping.Apologists (some might call them advocates) offer a variety of reasons to explain housing’s inability to rebound smartly or smoothly after the sector plunged, plagued by ill-conceived loans and lending policies. One factor staring builders and Realtors in the face but often overlooked is demographics.In the run-up to housing peak in mid-2006, the ratio of the 55-plus age cohort (the home-selling age bracket) to 25-34 year old age cohort (historically the prime homebuying age bracket) was about 1.6 to 1, loosely translated as 1.6 potential home sellers (though not everyone over the age of 55 owns a home) for every potential buyer (again, the caveat that not everyone between the ages of 25 and 34 is going to buy a home). Most recent data show the ratio has risen to closer to almost 2 to 1.That shift alone would have an impact on prices which becomes circular: With more sellers than buyers, prices would tend to drop, perhaps discouraging other potential sellers. In pure economic terms, discouraging potential sellers would reduce the inventory of homes for sale (which is what has happened, for example, with regard to existing home sales), which should bring prices back up–or at least stabilize them.Builders continue to add to the inventory of new homes. In March, builders completed 593,000 new single family homes–176,000 more than were sold, the largest “”gap”” between completions and sales since August 2011.That prices have been volatile–falling each month from last July through last October, the traditional home selling/buying season while then increasing in four of the last five months–speaks to the unusual nature of housing as both a necessary expense (shelter) and an investment vehicle.Prices for both new and existing homes as reported monthly are subject to wide swings because the mix of homes sold each month can vary, unlike other “”products”” that may be sold regularly. We don’t see a sudden shift to [COLUMN_BREAK]multi-gallon drums of, say, green beans, which might affect both the median and average price of green beans.We have though seen a shift to less expensive new homes, according to recent Census Bureau reports, with a likelihood that trend will continue as new mortgage rules take effect next January. Those rules would both tighten down payment requirements and the allowable debt to income ratio of buyers/borrowers, otherwise compelling lenders to hold a portion of the loans they make.Now, while that may sound like a good idea from a risk perspective, it creates another hurdle for would-be home buyers–a hurdle that 25-34 year old age cohort might find difficult to surmount. Beyond immediate financial considerations are psychological challenges. Having perhaps seen their parents or parents of friends struggle through foreclosures, new, younger households will be reluctant to buy homes, or certainly reluctant to buy homes without a significant down payment that would lower their monthly obligations, much like children of the Great Depression who grew up with a different appreciation of both money and savings. With a still tight and uncertain job market, those obstacles become even greater.That could explain the other seismic change we’re seeing in housing: a shift from single- to multifamily. Data for both permits and starts confirm the trend.Permits for single-family homes represented about 64 percent of all permits in the last 12 months compared with 66 percent in the previous 12 months. Single-family starts have dropped to 68 percent of all housing starts from 71 percent.A housing recovery is as necessary for a general economic recovery as an economic recovery is for the housing sector.It will, though, be a different recovery.————————————————————————-There will be two important housing reports in the upcoming week, with Tuesday’s Case-Shiller House Price Index followed by Wednesday’s Pending Home Sales Index (PHSI) report from the National Association of Realtors. Home prices, according to Case-Shiller, have improved year-over-year for eight straight months. The 8.1 percent annual increase in the 20-city Case-Shiller Index reported for January was the strongest gain in almost seven years. Though not simply a reflection of NAR data for existing homes, the February Case-Shiller index should reflect the improvement in the median price of an existing single-family home as reported by the NAR.The PHSI has proven to be less than a reliable indicator of existing-home sales though it is designed to track sales contracts expected to produce closings two months later. In the last four months, closings of existing single-family homes have done precisely the opposite of what the PHSI (two months earlier) would have suggested. The PHSI rose in October, but closings fell in December; the index fell in both November and December, but closings rose in January and February; the index improved in January but closings dropped in March._Hear Mark Lieberman on P.O.T.U.S. radio (SiriusXM 124) Friday at 8:45 a.m. Eastern time._*_Want to write an opinion piece for publication on our site? Send your submission to_* “”MReportEditor@TheMReport.com.””:mailto:MReportEditor@TheMReport.com in Data, Government, Origination, Secondary Market, Servicinglast_img read more

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Government Price War Pushes Mortgage Risk Up

15 Aug 2019

first_img American Enterprise Institute FHA FHFA Mortgage Risk 2015-01-27 Tory Barringer The market for federally insured home purchase mortgages grew riskier in December, garnering worry from analysts concerned about the government’s recent efforts to expand mortgage access.In its latest National Mortgage Risk Index (NMRI), the American Enterprise Institute’s (AEI) International Center on Housing Risk estimated that 11.84 percent of agency purchase loans would be at risk of default should the economy see another crisis in the near future.December’s index, which saw about 215,000 new loans added to the pool of risk-rated mortgages, was up 0.4 percentage points from the average for the prior three months and 1.1 percentage points from a year earlier, AEI said.As ever, the largest portion of risk came from the Federal Housing Administration (FHA), which had a risk index of 24.33 percent, up 0.2 percentage points from the prior three-month average.Following that were the Veterans Affairs index, which was at 11.5 percent, and the Fannie/Freddie index, which was 6.2 percent, just above the 6 percent threshold AEI says is “indicative of conditions conducive to a stable market.”The biggest ongoing problem, the group says, is the number of loans with high debt-to-income (DTI) ratios being approved. While last year’s qualified mortgage (QM) regulation restricted safe harbor status for mortgages with DTIs above 43 percent, loans qualified for purchase by the GSEs or FHA are temporarily exempt.As a result of that exemption, AEI estimates the share of loans with DTIs exceeding the QM cutoff was 23 percent over the past three months.On top of that, both FHA and the Federal Housing Finance Agency (FHFA) have taken steps in the past few months to lower the financial bar for mortgage access in order to increase homeownership—a strategy AEI researchers worry will backfire.”For 50+ years, housing policy relied on looser underwriting standards in an effort to lift homeownership and the economy,” AEI said. “This effort has neither increased home ownership or reliably created wealth.”They also voiced their concerns that by taking separate steps to attract homebuyers, the government is engaging in a price war with itself.”Mortgage price wars between government agencies are particularly dangerous, since access to low-cost capital and minimal capital requirements gives those agencies the ability to continue the war for many years—all at great risk to the taxpayers,” they said. Government ‘Price War’ Pushes Mortgage Risk Up January 27, 2015 482 Views center_img in Daily Dose, Data, Featured, News Sharelast_img read more

first_img American Enterprise Institute FHA FHFA Mortgage Risk 2015-01-27 Tory Barringer The market for federally insured home purchase mortgages grew riskier in December, garnering worry from analysts concerned about the government’s recent efforts to expand mortgage access.In its latest National Mortgage Risk Index (NMRI), the American Enterprise Institute’s (AEI) International Center on Housing Risk estimated that 11.84 percent of agency purchase loans would be at risk of default should the economy see another crisis in the near future.December’s index, which saw about 215,000 new loans added to the pool of risk-rated mortgages, was up 0.4 percentage points from the average for the prior three months and 1.1 percentage points from a year earlier, AEI said.As ever, the largest portion of risk came from the Federal Housing Administration (FHA), which had a risk index of 24.33 percent, up 0.2 percentage points from the prior three-month average.Following that were the Veterans Affairs index, which was at 11.5 percent, and the Fannie/Freddie index, which was 6.2 percent, just above the 6 percent threshold AEI says is “indicative of conditions conducive to a stable market.”The biggest ongoing problem, the group says, is the number of loans with high debt-to-income (DTI) ratios being approved. While last year’s qualified mortgage (QM) regulation restricted safe harbor status for mortgages with DTIs above 43 percent, loans qualified for purchase by the GSEs or FHA are temporarily exempt.As a result of that exemption, AEI estimates the share of loans with DTIs exceeding the QM cutoff was 23 percent over the past three months.On top of that, both FHA and the Federal Housing Finance Agency (FHFA) have taken steps in the past few months to lower the financial bar for mortgage access in order to increase homeownership—a strategy AEI researchers worry will backfire.”For 50+ years, housing policy relied on looser underwriting standards in an effort to lift homeownership and the economy,” AEI said. “This effort has neither increased home ownership or reliably created wealth.”They also voiced their concerns that by taking separate steps to attract homebuyers, the government is engaging in a price war with itself.”Mortgage price wars between government agencies are particularly dangerous, since access to low-cost capital and minimal capital requirements gives those agencies the ability to continue the war for many years—all at great risk to the taxpayers,” they said. Government ‘Price War’ Pushes Mortgage Risk Up January 27, 2015 482 Views center_img in Daily Dose, Data, Featured, News Sharelast_img read more

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Are Current Home Prices Sustainable

15 Aug 2019

first_imgHome prices have entered into peak levels not witnessed since 2006, causing a growing concern in the industry about the long-term sustainability of current home prices.Freddie Mac’s monthly insight report for May dives deeper into the phenomenon of rising home prices by explaining what risks they pose and how to access the risks.Between 2006 and 2011, home prices declined about 25 percent, and in turn, erased $6.2 trillion in housing wealth, Freddie Mac said. As a result of the drop in prices, almost 23 percent of borrowers found themselves underwater, owing more on their mortgages than their houses were worth, delinquencies and defaults skyrocketed, almost two million borrowers lost their homes to foreclosure and short sale, and the homeownership rate in the U.S. dropped from 69 percent in 2006 to less than 64 percent today.U.S. house prices rose 1.3 percent in the first quarter of 2016 and 5.7 percent year-over-year, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI).The report noted that this will mark the nineteenth consecutive quarterly price increase in the purchase-only, seasonally adjusted index and the fourth consecutive year in which prices grew more than 5 percent.”House prices have breached the peak levels of 2006, raising concerns about the long-term sustainability of current price levels,” said Sean Becketti, Chief Economist, Freddie Mac. “The difficulty of forecasting house price appreciation and the conflicting signals of the multitude of house price metrics make it challenging to assess whether—and where—house price risk is indeed increasing.”Freddie Mac suggests two methods to gauge home price risk. The first stage compares the prices of recent sales to household incomes to pinpoint areas that merit further scrutiny, and the second stage checks whether additional indicators suggest that house prices in the highlighted areas are headed for a fall in the future.”Our first stage identified ten large metro areas with unusually-high house prices relative to the household incomes in those areas. However, the second stage failed to produce compelling evidence of increasing house price risk,” Becketti said. “As long as leverage remains low, home owners will remain resilient in the face of economic fluctuations. However, if leverage creeps up, home owners’ financial cushion will shrink, leaving them more vulnerable to economic shocks. In sum, our analysis suggests that, aside from isolated areas, we don’t need to worry about house prices—yet.” June 1, 2016 526 Views Are Current Home Prices Sustainable? Freddie Mac Home Prices 2016-06-01 Staff Writercenter_img in Daily Dose, Data, Government, Headlines, Market Studies, News Sharelast_img read more

first_imgHome prices have entered into peak levels not witnessed since 2006, causing a growing concern in the industry about the long-term sustainability of current home prices.Freddie Mac’s monthly insight report for May dives deeper into the phenomenon of rising home prices by explaining what risks they pose and how to access the risks.Between 2006 and 2011, home prices declined about 25 percent, and in turn, erased $6.2 trillion in housing wealth, Freddie Mac said. As a result of the drop in prices, almost 23 percent of borrowers found themselves underwater, owing more on their mortgages than their houses were worth, delinquencies and defaults skyrocketed, almost two million borrowers lost their homes to foreclosure and short sale, and the homeownership rate in the U.S. dropped from 69 percent in 2006 to less than 64 percent today.U.S. house prices rose 1.3 percent in the first quarter of 2016 and 5.7 percent year-over-year, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI).The report noted that this will mark the nineteenth consecutive quarterly price increase in the purchase-only, seasonally adjusted index and the fourth consecutive year in which prices grew more than 5 percent.”House prices have breached the peak levels of 2006, raising concerns about the long-term sustainability of current price levels,” said Sean Becketti, Chief Economist, Freddie Mac. “The difficulty of forecasting house price appreciation and the conflicting signals of the multitude of house price metrics make it challenging to assess whether—and where—house price risk is indeed increasing.”Freddie Mac suggests two methods to gauge home price risk. The first stage compares the prices of recent sales to household incomes to pinpoint areas that merit further scrutiny, and the second stage checks whether additional indicators suggest that house prices in the highlighted areas are headed for a fall in the future.”Our first stage identified ten large metro areas with unusually-high house prices relative to the household incomes in those areas. However, the second stage failed to produce compelling evidence of increasing house price risk,” Becketti said. “As long as leverage remains low, home owners will remain resilient in the face of economic fluctuations. However, if leverage creeps up, home owners’ financial cushion will shrink, leaving them more vulnerable to economic shocks. In sum, our analysis suggests that, aside from isolated areas, we don’t need to worry about house prices—yet.” June 1, 2016 526 Views Are Current Home Prices Sustainable? Freddie Mac Home Prices 2016-06-01 Staff Writercenter_img in Daily Dose, Data, Government, Headlines, Market Studies, News Sharelast_img read more

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Is the Singlefamily Market Losing Steam

15 Aug 2019

first_img Housing starts declined 3.7 percent to 1.2 million starts in April below the revised March estimate of 1.3 million but were 10.5 percent above the April 2017 rate according to the latest data on housing starts and building permits released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development on Wednesday.Building permits were also down 1.8 percent in April at 1.3 million units. However, they were 7.7 percent above the rate during the same period last year. Housing completions were 2.8 percent above the revised March estimate and 14.8 percent above the same period last year.Single-family building permits also showed an uptick in April, increasing 0.9 percent to 859,000 units. Single-family housing starts also rose 0.1 percent to 894,000 above the rate in March. However, housing completions remained 4 percent below the March estimates at a rate of 820,000.However, experts believe that despite the uptick in April, starts for single-family homes are stagnating. They have been unable to break through the 900,000 barrier for the past six months. “We remain significantly behind a normal level of 1.2 million starts,” said Danielle Hale, Chief Economist at Realtor.com. “In fact, if single-family starts continue at the strong yearly growth rate we saw in April, it will be fall 2019 before annual single-family starts break the 1 million mark consistently—which is still 17 percent lower than normal.”“The three-month average of single-family starts was 895,000, continuing a six-month trend of readings just below 900,000,” observed Tendayi Kapfidze Chief Economist at LendingTree. “Notably, single-family starts are particularly weak in the high-cost Northeast that is also the most exposed region to the negative impacts of the tax plan.”Mark Fleming, Chief Economist at First American also found that the volume of total residential housing starts had fallen on the basis of a less volatile three-month moving average. “Based on the less volatile three-month moving average, the volume of total residential (single- and multi-family) housing starts is 14,000 less than March 2018 and 96,000 units higher than a year ago,” Fleming said.According to Kapfidze the reacceleration of multifamily units highlights a shift towards homes that have a lower price point. “The change towards multi-family could be the initial signs that affordability is starting to impact the mix of construction. Multi-family units are at lower price points and include significant rental units,” he said.A lag in construction jobs is also being seen as one of the factors that are affecting housing starts despite high builder confidence. in Daily Dose, Data, Featured, News Share Is the Single-family Market Losing Steam?center_img Building Census Bureau Completions homes HOUSING Housing Starts HUD Multifamily Homes Permits Residential Single-Family Homes 2018-05-16 Radhika Ojha May 16, 2018 579 Views last_img read more

first_img Housing starts declined 3.7 percent to 1.2 million starts in April below the revised March estimate of 1.3 million but were 10.5 percent above the April 2017 rate according to the latest data on housing starts and building permits released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development on Wednesday.Building permits were also down 1.8 percent in April at 1.3 million units. However, they were 7.7 percent above the rate during the same period last year. Housing completions were 2.8 percent above the revised March estimate and 14.8 percent above the same period last year.Single-family building permits also showed an uptick in April, increasing 0.9 percent to 859,000 units. Single-family housing starts also rose 0.1 percent to 894,000 above the rate in March. However, housing completions remained 4 percent below the March estimates at a rate of 820,000.However, experts believe that despite the uptick in April, starts for single-family homes are stagnating. They have been unable to break through the 900,000 barrier for the past six months. “We remain significantly behind a normal level of 1.2 million starts,” said Danielle Hale, Chief Economist at Realtor.com. “In fact, if single-family starts continue at the strong yearly growth rate we saw in April, it will be fall 2019 before annual single-family starts break the 1 million mark consistently—which is still 17 percent lower than normal.”“The three-month average of single-family starts was 895,000, continuing a six-month trend of readings just below 900,000,” observed Tendayi Kapfidze Chief Economist at LendingTree. “Notably, single-family starts are particularly weak in the high-cost Northeast that is also the most exposed region to the negative impacts of the tax plan.”Mark Fleming, Chief Economist at First American also found that the volume of total residential housing starts had fallen on the basis of a less volatile three-month moving average. “Based on the less volatile three-month moving average, the volume of total residential (single- and multi-family) housing starts is 14,000 less than March 2018 and 96,000 units higher than a year ago,” Fleming said.According to Kapfidze the reacceleration of multifamily units highlights a shift towards homes that have a lower price point. “The change towards multi-family could be the initial signs that affordability is starting to impact the mix of construction. Multi-family units are at lower price points and include significant rental units,” he said.A lag in construction jobs is also being seen as one of the factors that are affecting housing starts despite high builder confidence. in Daily Dose, Data, Featured, News Share Is the Single-family Market Losing Steam?center_img Building Census Bureau Completions homes HOUSING Housing Starts HUD Multifamily Homes Permits Residential Single-Family Homes 2018-05-16 Radhika Ojha May 16, 2018 579 Views last_img read more

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First American Title Hires VP of IT Strategy

15 Aug 2019

first_img Share First American Title Insurance technology 2019-06-14 Radhika Ojha First American Title Hires VP of IT Strategy in Headlines, News, Technologycenter_img California-based First American Title Insurance Company has announced the appointment of Paul Bandiera as VP of its Information Technology (IT) Strategy. Bandiera previously served as president of a large title and escrow software company and brings 18 years of experience leading retail title and settlement software applications, as well as corporate strategy for a national title insurer.“We are thrilled Paul has joined our team,” said Evan Zanic, President, First American Title’s Agency Division. “Paul’s vision and leadership with further enhance our efforts to provide title agents with superior technology solutions that increase efficiency and help agents provide better customer experience.”“Paul will perfectly complement our program to launch a ‘state of the art’ retail title and settlement software solution through our SMS business unit,” said Steve Orgill, COO at First American SMS, the company’s title and settlement technology arm.Earlier in his career, Bandiera earned a strong reputation in implementing software and technology solutions and driving process enhancements for customers across a variety of industries.“I’m excited to join First American and build on the company’s deep commitment to innovation and delivering new technology solutions that will have a profound impact for title agents now and for many years to come,” said Bandiera.As the largest subsidiary of First American Financial Corporation, First American Title Insurance offers title services through its direct operations and an extensive network of agents throughout the United States and abroad. First American Title provides comprehensive title insurance coverage and professional services for real estate purchases, construction, refinances and equity loans. June 14, 2019 431 Views last_img read more

first_img Share First American Title Insurance technology 2019-06-14 Radhika Ojha First American Title Hires VP of IT Strategy in Headlines, News, Technologycenter_img California-based First American Title Insurance Company has announced the appointment of Paul Bandiera as VP of its Information Technology (IT) Strategy. Bandiera previously served as president of a large title and escrow software company and brings 18 years of experience leading retail title and settlement software applications, as well as corporate strategy for a national title insurer.“We are thrilled Paul has joined our team,” said Evan Zanic, President, First American Title’s Agency Division. “Paul’s vision and leadership with further enhance our efforts to provide title agents with superior technology solutions that increase efficiency and help agents provide better customer experience.”“Paul will perfectly complement our program to launch a ‘state of the art’ retail title and settlement software solution through our SMS business unit,” said Steve Orgill, COO at First American SMS, the company’s title and settlement technology arm.Earlier in his career, Bandiera earned a strong reputation in implementing software and technology solutions and driving process enhancements for customers across a variety of industries.“I’m excited to join First American and build on the company’s deep commitment to innovation and delivering new technology solutions that will have a profound impact for title agents now and for many years to come,” said Bandiera.As the largest subsidiary of First American Financial Corporation, First American Title Insurance offers title services through its direct operations and an extensive network of agents throughout the United States and abroad. First American Title provides comprehensive title insurance coverage and professional services for real estate purchases, construction, refinances and equity loans. June 14, 2019 431 Views last_img read more

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The calm before the storm Undersupplied US tabl

13 Aug 2019

first_img The calm before the storm: Undersupplied U.S. tabl … U.S.-based grape company Sun World International says it has moved its packing operations in-house where they will pack a significant portion of their California grown product.In addition to Sun World’s facility location in Bakersfield, lines are installed in their partner facilities, La Jolla, Alta Vista, and Blanc to pack in-house throughout the season. Grapes in Charts: Mexico helps make America grape … The company says it has taken a phased-in approach with installation, with four lines currently functioning and the final installment of three lines projected to be complete the last week of September.“The investments being made by Sun World and our partners in this infrastructure are driving new innovation for our customers, the opportunity to differentiate themselves, and drive more margin and growth to the category,” vice president of domestic sales Jason Fuller said.Sun World says more benefits of the new packing operations include improved quality control, more flexibility on pack styles, and ability to pack to order at scale.The new packing operations will be led by director of in-house packing Cecilia Rivera and operations manager Ted Yukawa. Both have joined the Sun World team as of May 2018. September 13 , 2018 center_img Study finds molecules in oranges, grapes, carrots … India: Maharashtra grape growers to organize marke … You might also be interested inlast_img read more

first_img The calm before the storm: Undersupplied U.S. tabl … U.S.-based grape company Sun World International says it has moved its packing operations in-house where they will pack a significant portion of their California grown product.In addition to Sun World’s facility location in Bakersfield, lines are installed in their partner facilities, La Jolla, Alta Vista, and Blanc to pack in-house throughout the season. Grapes in Charts: Mexico helps make America grape … The company says it has taken a phased-in approach with installation, with four lines currently functioning and the final installment of three lines projected to be complete the last week of September.“The investments being made by Sun World and our partners in this infrastructure are driving new innovation for our customers, the opportunity to differentiate themselves, and drive more margin and growth to the category,” vice president of domestic sales Jason Fuller said.Sun World says more benefits of the new packing operations include improved quality control, more flexibility on pack styles, and ability to pack to order at scale.The new packing operations will be led by director of in-house packing Cecilia Rivera and operations manager Ted Yukawa. Both have joined the Sun World team as of May 2018. September 13 , 2018 center_img Study finds molecules in oranges, grapes, carrots … India: Maharashtra grape growers to organize marke … You might also be interested inlast_img read more

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Nevada officials reach out to Dbacks on potential

11 Aug 2019

first_img Nevada officials reach out to D-backs on potential relocation I’m sorely disappointed in the #BirdGang. You might bedisappointed in us, but we play well at home. And we leanon y’all to pick us up. And your absence helped the Arizona Cardinals lose Sunday.Really. Indeed, there were a lot of Steelers fans at the game, andthey were a loud and boisterous bunch. Then again, theplayers could have done their part and played well, givingthe visitors no reason to cheer. Maybe that’s just silly,but the only thing at University of Phoenix Stadium Sundaythat was uncalled for was the Cardinals’ play.Say what you want, but I’m a fan first. When my team isdown, that’s when you are the loudest, that’s when youneed the most support D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ What an MLB source said about the D-backs’ trade haul for Greinke Fair enough, if there were more Cardinals fans in thestadium the Cardinals defense would not have allowed a 10-play, 64-yard touchdown drive on Pittsburgh’s nextpossession. Whatever the fans are making is clearly toomuch, as they don’t deserve their high salary when theyare cheering like that. For shame.But the crowd is pro steelers, so we can’t even use ourgreatest asset, Our Home Crowd… Home field is huge insports. If the team’s greatest asset is really the crowd thenthey’re in trouble because, well, they’ll only have theircrowd in five of the remaining 10 games. Suffice to saythe team should not be expected to win on the roadbecause, of course, they will be without their greatestasset. Pity their greatest asset isn’t talent, becausethat could show up in any stadium.That’s why they give it to the best team…all in all, ifyour for me and for us, then be for me and for us.If you’re a real #BirdGang member, I salute you, and weneed you going forward. Peace The Arizona Cardinals lost to the Pittsburgh Steelers 32-20 Sunday.The Arizona Cardinals allowed Ben Roethlisberger to throwfor 361 yards and three touchdowns and the ArizonaCardinals lost their fifth straight game.But the team’s motto is “We do this together,” and thatincludes the fans. So, as safety Hamza Abdullah pointedout on his twitter page after Sunday’s game, theydeserve part of the blame.center_img 0 Comments   Share   Top Stories True, homefield advantage can help. A loud, screamingcrowd can intimidate an opposing offense, sometimes evenmaking it difficult to run plays. But Abdullah saying theteam plays well at home, while accurate, is an assertionlargely helped by the team’s ineptitude on the road.So in a way, “well” is relative.20,000 out of 60,000 were Pittsburgh fans. That’s absurdand uncalled for. The #BirdGang is better than that. That’s kind of Mr. Abdullah, saluting the real Cardinalsfans. But you fairweather fans, you know, the ones whodecided not to watch your team lose Sunday, do not get hispraise. So what if maybe you had better things to do ordecided to sell your tickets so you could pay a bill ortwo, the point is you weren’t at the game and thereforeare not a real fan. It is what it is. Yeah, you can call us names, and say wehaven’t given anyone anything to cheer for, but it’s 17-14, and we have momentum Cardinals expect improving Murphy to contribute right away That sounds all well and good, but the fact of the matteris it’s hard to cheer when your team keeps losing andlooks bad in the process. University of Phoenix Stadiumwas rocking when LaRod Stephens-Howling scored on a 73-yard touchdown pass to cut the deficit to three, but hadlittle reason to cheer after that.last_img read more

first_img Nevada officials reach out to D-backs on potential relocation I’m sorely disappointed in the #BirdGang. You might bedisappointed in us, but we play well at home. And we leanon y’all to pick us up. And your absence helped the Arizona Cardinals lose Sunday.Really. Indeed, there were a lot of Steelers fans at the game, andthey were a loud and boisterous bunch. Then again, theplayers could have done their part and played well, givingthe visitors no reason to cheer. Maybe that’s just silly,but the only thing at University of Phoenix Stadium Sundaythat was uncalled for was the Cardinals’ play.Say what you want, but I’m a fan first. When my team isdown, that’s when you are the loudest, that’s when youneed the most support D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ What an MLB source said about the D-backs’ trade haul for Greinke Fair enough, if there were more Cardinals fans in thestadium the Cardinals defense would not have allowed a 10-play, 64-yard touchdown drive on Pittsburgh’s nextpossession. Whatever the fans are making is clearly toomuch, as they don’t deserve their high salary when theyare cheering like that. For shame.But the crowd is pro steelers, so we can’t even use ourgreatest asset, Our Home Crowd… Home field is huge insports. If the team’s greatest asset is really the crowd thenthey’re in trouble because, well, they’ll only have theircrowd in five of the remaining 10 games. Suffice to saythe team should not be expected to win on the roadbecause, of course, they will be without their greatestasset. Pity their greatest asset isn’t talent, becausethat could show up in any stadium.That’s why they give it to the best team…all in all, ifyour for me and for us, then be for me and for us.If you’re a real #BirdGang member, I salute you, and weneed you going forward. Peace The Arizona Cardinals lost to the Pittsburgh Steelers 32-20 Sunday.The Arizona Cardinals allowed Ben Roethlisberger to throwfor 361 yards and three touchdowns and the ArizonaCardinals lost their fifth straight game.But the team’s motto is “We do this together,” and thatincludes the fans. So, as safety Hamza Abdullah pointedout on his twitter page after Sunday’s game, theydeserve part of the blame.center_img 0 Comments   Share   Top Stories True, homefield advantage can help. A loud, screamingcrowd can intimidate an opposing offense, sometimes evenmaking it difficult to run plays. But Abdullah saying theteam plays well at home, while accurate, is an assertionlargely helped by the team’s ineptitude on the road.So in a way, “well” is relative.20,000 out of 60,000 were Pittsburgh fans. That’s absurdand uncalled for. The #BirdGang is better than that. That’s kind of Mr. Abdullah, saluting the real Cardinalsfans. But you fairweather fans, you know, the ones whodecided not to watch your team lose Sunday, do not get hispraise. So what if maybe you had better things to do ordecided to sell your tickets so you could pay a bill ortwo, the point is you weren’t at the game and thereforeare not a real fan. It is what it is. Yeah, you can call us names, and say wehaven’t given anyone anything to cheer for, but it’s 17-14, and we have momentum Cardinals expect improving Murphy to contribute right away That sounds all well and good, but the fact of the matteris it’s hard to cheer when your team keeps losing andlooks bad in the process. University of Phoenix Stadiumwas rocking when LaRod Stephens-Howling scored on a 73-yard touchdown pass to cut the deficit to three, but hadlittle reason to cheer after that.last_img read more

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Derrick Hall satisfied with Dbacks buying and se

11 Aug 2019

first_img Derrick Hall satisfied with D-backs’ buying and selling A whopping 64 percent of the vote went toward Taylor, with free agent signee Jonathan Dwyer receiving 31 percent. Rookie Zach Bauman received just three percent of the vote, while two percent of you chose the “other” option.Cardinals head coach Bruce Arians said Wednesday that the goal is for Ellington to get 25-30 touches per game this season. Grace expects Greinke trade to have emotional impact Top Stories The 5: Takeaways from the Coyotes’ introduction of Alex Meruelocenter_img Former Cardinals kicker Phil Dawson retires 0 Comments   Share   Every day, ArizonaSports.com asks readers a question. It’s the Sanderson Ford Poll Question of the Day, and it can be found midway down the right side of our home page.On Wednesday, we asked you to take a closer look at the Arizona Cardinals’ backfield and answer the question of who will get the most touches behind No. 1 running back Andre Ellington. A total of 436 votes were submitted, and second-year running back Stepfan Taylor out of Stanford is the favorite to spell Ellington.last_img read more

first_img Derrick Hall satisfied with D-backs’ buying and selling A whopping 64 percent of the vote went toward Taylor, with free agent signee Jonathan Dwyer receiving 31 percent. Rookie Zach Bauman received just three percent of the vote, while two percent of you chose the “other” option.Cardinals head coach Bruce Arians said Wednesday that the goal is for Ellington to get 25-30 touches per game this season. Grace expects Greinke trade to have emotional impact Top Stories The 5: Takeaways from the Coyotes’ introduction of Alex Meruelocenter_img Former Cardinals kicker Phil Dawson retires 0 Comments   Share   Every day, ArizonaSports.com asks readers a question. It’s the Sanderson Ford Poll Question of the Day, and it can be found midway down the right side of our home page.On Wednesday, we asked you to take a closer look at the Arizona Cardinals’ backfield and answer the question of who will get the most touches behind No. 1 running back Andre Ellington. A total of 436 votes were submitted, and second-year running back Stepfan Taylor out of Stanford is the favorite to spell Ellington.last_img read more

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Top Stories

11 Aug 2019

first_img Top Stories The Arizona Cardinals sit atop the vaunted NFC West with a 4-1 record, yet they continue to be looked over in the national conversation.In a debate on NFL Network over which team is the NFC’s best, six teams were discussed — Dallas, Philadelphia, Seattle, San Francisco, Green Bay and Detroit. No mention of the Cardinals. @PaulCalvisi @nflnetwork right! Look at this no cardinals! That’s messed up pic.twitter.com/7vCw9XTJDZ— tim (@getnbusykings) October 14, 2014 Derrick Hall satisfied with D-backs’ buying and selling While arguments can certainly be made for having the 5-1 Cowboys and Eagles above the Cardinals on this list, the other four teams have each lost two games. San Francisco even lost to the Cardinals 23-14 in Week 3. Meanwhile, Arizona’s lone loss came against the defending AFC champion Broncos in Denver. The Cardinals were forced to start their backup quarterback in that game as well. Dating back to last season, the Cardinals have won 11 of their last 14 games.Arizona continues to fly under the radar as they head to Oakland on Sunday looking to improve to 5-1. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelocenter_img Comments   Share   Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impactlast_img read more

first_img Top Stories The Arizona Cardinals sit atop the vaunted NFC West with a 4-1 record, yet they continue to be looked over in the national conversation.In a debate on NFL Network over which team is the NFC’s best, six teams were discussed — Dallas, Philadelphia, Seattle, San Francisco, Green Bay and Detroit. No mention of the Cardinals. @PaulCalvisi @nflnetwork right! Look at this no cardinals! That’s messed up pic.twitter.com/7vCw9XTJDZ— tim (@getnbusykings) October 14, 2014 Derrick Hall satisfied with D-backs’ buying and selling While arguments can certainly be made for having the 5-1 Cowboys and Eagles above the Cardinals on this list, the other four teams have each lost two games. San Francisco even lost to the Cardinals 23-14 in Week 3. Meanwhile, Arizona’s lone loss came against the defending AFC champion Broncos in Denver. The Cardinals were forced to start their backup quarterback in that game as well. Dating back to last season, the Cardinals have won 11 of their last 14 games.Arizona continues to fly under the radar as they head to Oakland on Sunday looking to improve to 5-1. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelocenter_img Comments   Share   Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impactlast_img read more

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Former Cardinals kicker Phil Dawson retires

11 Aug 2019

first_img Former Cardinals kicker Phil Dawson retires Even with missing time, Mathieu led the team with five interceptions (one touchdown) and 16 passes defensed last season. He also totaled 89 tackles and made 11 tackles for loss with a forced fumble. 0 Comments   Share   Since being drafted in the third round in 2013, he has tallied 195 tackles and eight interceptions for the Cardinals. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Top Stories center_img Derrick Hall satisfied with D-backs’ buying and selling 8) Tyrann Mathieu, DB, Arizona Cardinals: The league’s most versatile defensive star was making a serious run at the Defensive Player of the Year award when he tore his ACL in Week 15 while reeling in his fifth interception. Unlike his problematic 2013 knee reconstruction, which included a torn LCL, this tear was clean. Because the injury occurred in mid-December, though, Mathieu will be racing against the clock to recapture his disruptive 2015 form by the season opener. Arizona Cardinals’ Tyrann Mathieu could be in for a big comeback season, according to Around the NFL writer Chris Wesseling.Wesseling put together a list of 10 candidates from around the league that he feels could make a case for the Associated Press Comeback Player of the Year award. Grace expects Greinke trade to have emotional impactlast_img read more

first_img Former Cardinals kicker Phil Dawson retires Even with missing time, Mathieu led the team with five interceptions (one touchdown) and 16 passes defensed last season. He also totaled 89 tackles and made 11 tackles for loss with a forced fumble. 0 Comments   Share   Since being drafted in the third round in 2013, he has tallied 195 tackles and eight interceptions for the Cardinals. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Top Stories center_img Derrick Hall satisfied with D-backs’ buying and selling 8) Tyrann Mathieu, DB, Arizona Cardinals: The league’s most versatile defensive star was making a serious run at the Defensive Player of the Year award when he tore his ACL in Week 15 while reeling in his fifth interception. Unlike his problematic 2013 knee reconstruction, which included a torn LCL, this tear was clean. Because the injury occurred in mid-December, though, Mathieu will be racing against the clock to recapture his disruptive 2015 form by the season opener. Arizona Cardinals’ Tyrann Mathieu could be in for a big comeback season, according to Around the NFL writer Chris Wesseling.Wesseling put together a list of 10 candidates from around the league that he feels could make a case for the Associated Press Comeback Player of the Year award. Grace expects Greinke trade to have emotional impactlast_img read more

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The 5 Takeaways from the Coyotes introduction of

11 Aug 2019

first_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Michael Grabner #40 of the Arizona Coyotes celebrates with Brad Richardson #15 after scoring a goal against the Los Angeles Kings during the third period of the NHL game at Gila River Arena on March 09, 2019 in Glendale, Arizona. The Coyotes defeated the Kings 4-2. (Photo by Christian Petersen/Getty Images) On Wednesday, ArizonaSports.com and its corresponding Twitter account, @AZSports, did coinciding polls to ask users: Which of the four major professional teams in the Valley is closest to a title? Former Cardinals kicker Phil Dawson retires The Phoenix sports scene could use another championship ring.The Diamondbacks are still the only of the four major professional teams in Arizona to win a title, beating the Yankees in the World Series in 2001. Other teams have come close, but still, Arizona’s youngest major professional sports franchise is the only to win a title.We know — the Phoenix Mercury, Arizona Rattlers and Phoenix Rising FC have all either had great success or a bright future or both. But this question is intended to examine the “big four” teams, whose fan base, economic impact and brand recognition are all the largest among the list of teams in the Valley. The Coyotes finished just four points behind Colorado, which occupied the final Wild Card spot. They won 39 games and had 86 points, the most since 2013-14. It was a drastic improvement from the season before, in which the Coyotes finished last in the Pacific Division and were virtually out of the playoff race by November.That said, progress is often non-linear. Do the Coyotes fix their scoring woes? Do young players take that next step forward? How long do the veterans have left with the young core?Arizona Diamondbacks (24%)(Photo by Christian Petersen/Getty Images)The D-backs, should they be the next to win the ‘ship, would earn their second title while other teams are still waiting on their first. How unfair.But the Diamondbacks winning a World Series in the near future isn’t out of the question, since they’re the most recent of the four teams to make the playoffs and are off to a decent start in 2019. The emergence of players like David Peralta, Nick Ahmed and Ketel Marte over the last few years has only bolstered their chance of success going forward.But will losing big pieces like Paul Goldschmidt, Patrick Corbin and A.J. Pollock hurt their depth and experience in the long haul? And can the team maintain consistency in what has been a 21-16 start to the season? But with an 86% chance the Suns will not get that pick, odds are the team goes into the offseason following a 19-win season with questions about who to draft, how high they value young players like Josh Jackson and Kelly Oubre Jr., and how to solve the persistent point guard problem.It’s felt like the Suns have been two years away from being two years away for a long time. This poll does not reveal optimism that Phoenix has moved much closer to its goal. 76 Comments   Share   Top Stories Which of these Valley teams is closest to winning a championship?— 98.7 Arizona Sports (@AZSports) May 8, 2019The results were slightly different depending on which platform you were on. On the website, as of Thursday morning, more than 80% of users had said the Coyotes were closest. On Twitter, the ‘Yotes had the lead as well, but only 57% of the vote.We wanted to dive into this question a little further. Here’s a synopsis for each team to add more context to the discussion, put in order by how each team did in the poll:Arizona Coyotes (57%)(Photo by Christian Petersen/Getty Images)Twitter users were bullish about the Coyotes’ future, overwhelmingly voting them as the closest team.Related LinksDissatisfying as 2018-19 was, Coyotes’ season showed progressBy the numbers: Diamondbacks’ road trip vs. Rockies, RaysArizona Cardinals pick QB Kyler Murray 1st in 2019 NFL DraftMonty Williams will usher in new era of Phoenix Suns basketballThere’s a good case to be made for this. Arizona’s NHL franchise hasn’t made the playoffs since 2011-12 when it went to the Western Conference Finals, but this year came the closest it has in a long time to making the postseason. Derrick Hall satisfied with D-backs’ buying and selling Arizona Cardinals (13%)(Photo by Norm Hall/Getty Images)The Cardinals are the most recent team to be in their league’s title game or series, even though they’ve yet to win a Super Bowl in their team’s long history.Coming off of an NFL-worst 3-13 season, it’s understandable to think that Arizona’s NFL team is a long way away from a Super Bowl title. But maybe the better descriptor for the Cardinals in all of this is their status as a wild card.If Kyler Murray and Kliff Kingsbury are the new trendsetters in the NFL for how to run an offense and everything goes well, the Cardinals could be a dominant force. If things don’t go according to plan and Murray doesn’t pan out, it’s back to the drawing board.Phoenix Suns (6%)(Photo by Christian Petersen/Getty Images)Phoenix hopes the five-year signing of experienced head coach Monty Williams can signal a turnaround for a team looking for stability in a nine-year playoff drought.We’ll know Tuesday if their luck is turning when the NBA Draft Lottery determines who gets the No. 1 pick and likely Zion Williamson, the most highly-touted prospect in years. Adding him to the core of guard Devin Booker and center Deandre Ayton is a dream for Suns fans. Grace expects Greinke trade to have emotional impactlast_img read more

first_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Michael Grabner #40 of the Arizona Coyotes celebrates with Brad Richardson #15 after scoring a goal against the Los Angeles Kings during the third period of the NHL game at Gila River Arena on March 09, 2019 in Glendale, Arizona. The Coyotes defeated the Kings 4-2. (Photo by Christian Petersen/Getty Images) On Wednesday, ArizonaSports.com and its corresponding Twitter account, @AZSports, did coinciding polls to ask users: Which of the four major professional teams in the Valley is closest to a title? Former Cardinals kicker Phil Dawson retires The Phoenix sports scene could use another championship ring.The Diamondbacks are still the only of the four major professional teams in Arizona to win a title, beating the Yankees in the World Series in 2001. Other teams have come close, but still, Arizona’s youngest major professional sports franchise is the only to win a title.We know — the Phoenix Mercury, Arizona Rattlers and Phoenix Rising FC have all either had great success or a bright future or both. But this question is intended to examine the “big four” teams, whose fan base, economic impact and brand recognition are all the largest among the list of teams in the Valley. The Coyotes finished just four points behind Colorado, which occupied the final Wild Card spot. They won 39 games and had 86 points, the most since 2013-14. It was a drastic improvement from the season before, in which the Coyotes finished last in the Pacific Division and were virtually out of the playoff race by November.That said, progress is often non-linear. Do the Coyotes fix their scoring woes? Do young players take that next step forward? How long do the veterans have left with the young core?Arizona Diamondbacks (24%)(Photo by Christian Petersen/Getty Images)The D-backs, should they be the next to win the ‘ship, would earn their second title while other teams are still waiting on their first. How unfair.But the Diamondbacks winning a World Series in the near future isn’t out of the question, since they’re the most recent of the four teams to make the playoffs and are off to a decent start in 2019. The emergence of players like David Peralta, Nick Ahmed and Ketel Marte over the last few years has only bolstered their chance of success going forward.But will losing big pieces like Paul Goldschmidt, Patrick Corbin and A.J. Pollock hurt their depth and experience in the long haul? And can the team maintain consistency in what has been a 21-16 start to the season? But with an 86% chance the Suns will not get that pick, odds are the team goes into the offseason following a 19-win season with questions about who to draft, how high they value young players like Josh Jackson and Kelly Oubre Jr., and how to solve the persistent point guard problem.It’s felt like the Suns have been two years away from being two years away for a long time. This poll does not reveal optimism that Phoenix has moved much closer to its goal. 76 Comments   Share   Top Stories Which of these Valley teams is closest to winning a championship?— 98.7 Arizona Sports (@AZSports) May 8, 2019The results were slightly different depending on which platform you were on. On the website, as of Thursday morning, more than 80% of users had said the Coyotes were closest. On Twitter, the ‘Yotes had the lead as well, but only 57% of the vote.We wanted to dive into this question a little further. Here’s a synopsis for each team to add more context to the discussion, put in order by how each team did in the poll:Arizona Coyotes (57%)(Photo by Christian Petersen/Getty Images)Twitter users were bullish about the Coyotes’ future, overwhelmingly voting them as the closest team.Related LinksDissatisfying as 2018-19 was, Coyotes’ season showed progressBy the numbers: Diamondbacks’ road trip vs. Rockies, RaysArizona Cardinals pick QB Kyler Murray 1st in 2019 NFL DraftMonty Williams will usher in new era of Phoenix Suns basketballThere’s a good case to be made for this. Arizona’s NHL franchise hasn’t made the playoffs since 2011-12 when it went to the Western Conference Finals, but this year came the closest it has in a long time to making the postseason. Derrick Hall satisfied with D-backs’ buying and selling Arizona Cardinals (13%)(Photo by Norm Hall/Getty Images)The Cardinals are the most recent team to be in their league’s title game or series, even though they’ve yet to win a Super Bowl in their team’s long history.Coming off of an NFL-worst 3-13 season, it’s understandable to think that Arizona’s NFL team is a long way away from a Super Bowl title. But maybe the better descriptor for the Cardinals in all of this is their status as a wild card.If Kyler Murray and Kliff Kingsbury are the new trendsetters in the NFL for how to run an offense and everything goes well, the Cardinals could be a dominant force. If things don’t go according to plan and Murray doesn’t pan out, it’s back to the drawing board.Phoenix Suns (6%)(Photo by Christian Petersen/Getty Images)Phoenix hopes the five-year signing of experienced head coach Monty Williams can signal a turnaround for a team looking for stability in a nine-year playoff drought.We’ll know Tuesday if their luck is turning when the NBA Draft Lottery determines who gets the No. 1 pick and likely Zion Williamson, the most highly-touted prospect in years. Adding him to the core of guard Devin Booker and center Deandre Ayton is a dream for Suns fans. Grace expects Greinke trade to have emotional impactlast_img read more

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