Author: admin

Sam Valverde, the acting president of Ginnie Mae, has overseen the work the government-owned company is currently engaging in to better improve the liquidity situation for the companies involved in the Federal Housing Administration (FHA)’s Home Equity Conversion Mortgage (HECM) program. These include efforts to establish an additional HECM-backed Securities (HMBS) instrument to complement what is currently available. Dubbed “HMBS 2.0,” the forthcoming program’s development was initially announced early this year before Ginnie Mae released a more detailed term sheet over the summer. To get a better idea about where the new program currently stands, HousingWire’s Reverse Mortgage Daily asked…

An image of a semiconductor wafer at the Taiwan Semiconductor Manufacturing Museum of Innovation in Hsinchu, Taiwan, on Jan. 11, 2022.I-Hwa Cheng | Bloomberg | Getty ImagesTaiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit, as global chipmakers continue to benefit from demand boosted by AI applications.The company’s net income was 352.3 billion Taiwanese dollars ($10.1 billion) over the July-September quarter, surpassing an LSEG estimate of $300.2 billion Taiwanese dollars cited by Reuters.TSMC is the world’s largest producer of advanced chips, serving clients such as Apple and Nvidia.Net revenue came in at $23.5 billion in the…

NewsFeedAs Israel’s invasion of Lebanon escalates, some Israelis are pushing the idea of expanding Israel’s territory yet again with the goal of a so-called ‘Greater Israel’ in mind. But is this just some fringe fantasy? Soraya Lennie looks at how this all came about.Published On 17 Oct 202417 Oct 2024 Source link

Katherine Renee. Bennett Raglin/CBS Katherine Renee Kane’s Tiffany “Tiff” Wallace had a jam packed “last day of school” during the FBI season 7 premiere. Right out the gate on the Tuesday, October 15, episode, viewers learned that Tiff had given her notice to the FBI after the ups and downs of losing Agent Trevor Hobbs (Roshawn Franklin) during an undercover mission in season 6. While Tiff took down Hobbs’ killer, a terrorist named Hakim Siran (Antwayn Hopper), during the May finale, her character didn’t get her own closure. “It makes sense to need some time off” Tiff’s partner, Stuart Scola…

Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Inman has announced the winning companies in its inaugural 2024 class of Inman AI Awards. Inman’s inaugural AI Awards are a new, prestigious recognition honoring exceptional AI-driven solutions across the real estate industry. These awards highlight startups, established companies, and practitioners at the forefront of leveraging AI advancements…

Chick-fil-A has just announced a new franchise opening in Singapore — its first Asian venture.The fast-food chain said it plans to invest $75 million in Singapore over 10 years.Chick-fil-A joins other Western food brands that have expanded to Singapore like Shake Shack and Tim Hortons. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. Chick-fil-A…

BBCThe US said long-range B2 stealth bombers were involved in the mission. (File photo)The Pentagon says the US has carried out what it called “precision strikes” against five weapons storage locations in parts of Yemen controlled by the Houthi group.The US Secretary of Defence Lloyd Austin said US forces – including long-range bombers – targeted underground facilities housing weapons components that were being used to attack civilian and military ships in the region.He said the strikes against the Iran-backed Houthis demonstrated the ability of the US to target facilities that its adversaries sought “to keep out of reach”.Since November last…

Liam Payne’s sudden death is sending shockwaves around the world … with tons of celebs reacting to his loss. Ty Dolla Sign says he just talked to Liam two days before he died … and Ty’s going to miss the former One Direction member. Charlie Puth posted that he was in shock, adding … “Liam was always so kind to me. He was one of the first major artists I got to work with. I cannot believe he is gone.” Paris Hilton is sending love and condolences to Liam’s family and loved ones … and she says hearing about her…

VestaPlus is gaining more traction with its artificial intelligence-powered compliance system. The company announced that Firelands Association of Realtors in Ohio and Northwest Wisconsin MLS have signed up for CheckMate, the firm’s listing compliance violation detection software. In July, Staten Island MLS and San Diego MLS entered similar partnerships with VestaPlus, and the company now serves five MLSs in total. “We are excited to support Firelands Association of Realtors and Northwestern Wisconsin Multiple Listing Service in optimizing data accuracy and streamlining internal processes, while at the same time reducing costs,” VestaPlus CEO Annie Ives said in a statement. “With the…

Intel products sold in China have been recommended for a security review by local officials who allege that the U.S. chipmaker poses “serious risks” to national security. In a statement on Wednesday evening, the Cybersecurity Association of China outlined alleged vulnerabilities in Intel’s CPU chips, claiming the flaws in product quality and security management show an “irresponsible attitude toward its customers,” according to a Google translation.CSAC further accused Intel of using remote management features to surveil users while covertly installing backdoors and of failing to address defects reported by users. Daniel Newman, CEO of The Futurum Group, noted the security review comes amid…