Analyzing Millennial Homeowners’ Credit Profiles

first_imgHome / Daily Dose / Analyzing Millennial Homeowners’ Credit Profiles March 22, 2019 1,110 Views Demand Propels Home Prices Upward 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. About Author: Radhika Ojha Even though they are the largest group of homebuyers, what is keeping millennial renters from buying real estate? A study by LendingTree set to answer this question by analyzing the credit profiles of millennial homeowners and comparing them with those of renters in the same age group.The study found that millennial homeowners had a higher credit profile than renters, with a median credit score of 671 compared with 582 for nonhomeowners. The study found that this was one of the key reasons that kept renters from becoming homeowners as higher scores make homeownership more accessible.It also found that homeowners had more accounts than renters. While the average homeowner had around nine accounts, renters or nonhomeowners had an average of four accounts.The higher credit scores also helped homeowners to borrow more, according to the analysis. This included the nonmortgage categories where homeowners had a median balance of $6,633 in credit card balances, compared to $2,218 for renters. As a result, only 64 percent of renters had a credit card balance compared with 92 percent homeowners.”This reflects the higher credit scores of homeowning millennials, as they are able to obtain more credit accounts. Many renters may face difficulty accessing credit due to their lower credit scores,” said Tendayi Kapfidze, Chief Economist, LendingTree.Despite lesser access to credit, the analysis found that renters’ median utilization of their available credit was 58 percent, “almost double the 31 percent for homeowners.”While homeowners and renters owed almost an equal amount in student debt, at 37 percent, the analysis indicated that homeowners were more likely to have an auto loan as well as personal loans. However, renters had more trouble servicing their debt, “with an average of eight negative marks on their credit profiles compared with just three for homeowners,” Kapfidze said.Renters were late on 4.6 percent of all payments over four years, with homeowners late on just 1.5 percent of payments. Credit Scores debt hoemowners LendingTree loans Millennials Renters 2019-03-22 Radhika Ojha Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: Credit Scores debt hoemowners LendingTree loans Millennials Renters The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Market Studies, News Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago  Print This Post Analyzing Millennial Homeowners’ Credit Profiles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Previous: What Will Hold Back Home Sales? Next: Housing Market Needs New Construction Subscribelast_img read more

Read More →

Camp Bisco Reveals Exciting Daily Schedules For Upcoming Festival

first_imgCamp Bisco is right around the corner! The Disco Biscuits festival, recently moved to Montage Mountain in Scranton, PA, will be hitting the grounds from July 14-16, 2016 with three days of non-stop music and ongoing entertainment. With the Biscuits playing a total of six sets throughout the weekend, they’ll be hosting some of the best live jamtronica acts of today.Kicking things off on Thursday, The Disco Biscuits will carry the torch alongside Lotus and a very special BigGrizMatik (Big Gigantic, GRiZ, and Gramatik) collaboration, with performances from Dopapod, Future Rock, Anderson .Paak & The Free Nationals, Snails, Gibbz, and plenty more throughout the night.As if Thursday’s party couldn’t do any better, Friday will impress with another two sets from the Biscuits, as well as top-knotch performances from Odesza, GRiZ, Lettuce, The New Deal, Thundercat, The Polish Ambassador, American Babies, and a whole lot more.Saturday night continues with a whopping three sets from the Disco Biscuits, and performances from STS9, RL Grime, Zeds Dead, Destructo, Sunsquabi, and many show-stopping acts.For tickets and more information, visit the Camp Bisco website. You can view the full lineup in poster below:last_img read more

Read More →

Relentless: Paraguay Confronts Organized Crime

first_imgBy Geraldine Cook/Diálogo July 16, 2018 Security threats spreading through the country keep Admiral Hugo Milciades Scolari Pagliaro, commander of the Paraguayan Military Forces, on permanent alert. Crimes from the self-proclaimed Paraguayan People’s Army (EPP, in Spanish), located to the north, and illicit activities in the Tri-border area to the south, compel the Military Forces to be relentless. New combat tactics and greater support to the population, together with border patrols and international cooperation agreements, are part of Adm. Scolari’s strategies to combat criminal organizations. Adm. Scolari met with Diálogo during a visit to Asunción to discuss these issues. The officer also spoke about the importance of international collaboration and interagency work to fight threats that undermine security. Diálogo: What is the main challenge to Paraguayan security? Admiral Hugo Milciades Scolari Pagliaro, commander of the Paraguayan Military Forces: We face several challenges in this global world. The Armed Forces should always be one of the pillars of democracy and citizens’ freedom. In addition to traditional threats, the main challenges are emerging threats, such as illicit activities of armed groups linked to the drug mafia, money laundering, and human trafficking, which threatens the security, investments, and activities that drive production and employment in Paraguay. Diálogo: When you took over in August 2017 you said your main concern was fighting the self-proclaimed EPP. What new combat strategies against EPP were cemented? Adm. Scolari: We made progress in the fight against EPP. We are updating our strategic actions and improving our combat tactics and relations with the community. We carried out civil actions with the population in the north, where EPP operates, such as refurbishing roads, schools, and providing medical attention. The population has basic needs, so our presence helps us be seen as a friendly force. The situation in this area is fairly complex, because in addition to confronting EEP, we conduct anti-drug operations and actions against cattle theft. Our operations are conducted with utmost respect for human rights and with the participation of the Office of the Attorney General, so as not to have a negative influence on the population. Our actions also aim to strengthen the morale of military personnel. Among strategies, Law 1337 on Domestic Defense and Security and Law 5036 were modified, allowing for the use of the Armed Forces for internal defense, without having to declare a state of emergency, and bestowing the Joint Task Force (JTF) its own budget. In addition, a domestic defense zone (ZDI, in Spanish) was defined to assign special units, such as the Special Forces Joint Battalion, the Army Special Troops Command, the Navy Command, and the Amphibious Commando Battalion, among others. We also adopted an intelligence system based on the experiences of Colombia and Peru, which improved joint efforts with other public security institutions. Diálogo: As part of your commitment to strengthen the fight against narcotrafficking, you reaffirmed the importance of boosting JTF. What are JTF’s results in the fight against this scourge? Adm. Scolari: The institution directly responsible for the fight against narcotrafficking is the National Anti-Drug Secretariat (SENAD, in Spanish). The Armed Forces strongly support SENAD with military personnel, means, and intelligence. About 70 percent of SENAD’s personnel is military. We support their actions tactically and in the field. Although JTF strengthened in accordance with its specific mission to pacify the ZDI, this bolstered its capabilities and increased comprehensive actions where narcotrafficking operates (plantations, laboratories, transits, people involved, etc.) However, one of the challenges consists of the transformation the Armed Forces need to gain direct action by law in the fight against narcotrafficking, since we don’t currently have this legal instrument. As such, we are working to submit military law projects to the new government, such as the inclusion of the Armed Forces in the fight against narcotrafficking, without overshadowing SENAD or the National Police, and continue with joint work. A law empowering us to combat narcotrafficking head-on will strengthen SENAD. The anti-drug fight will be more effective with work coordinated by law. Diálogo: You signed a memorandum of understanding with the Ministry of Foreign Relations’ National Boundary Lines Commission (CNDL, in Spanish) to conduct joint actions to defend national sovereignty. What kind of coordinated and joint work do you conduct with the commission to protect borders? Adm. Scolari: The Military Forces collaborate with border protection to inspect boundary lines. We work with CNDL through a memorandum of understanding. CNDL has members in neighboring countries and conducts an annual geographical border tour to determine whether borders have changed. For example, they check that demarcations of the Paraná river haven’t changed—by way of erosion or flooding—which might affect its course. These inspections are very important to maintain precise borders, and an audit is essential to determine whether demarcations are respected. Diálogo: In March, Colombia and Paraguay reaffirmed their cooperation in defense matters for national security. What kind of combined operations do you conduct in the fight against crime? Adm. Scolari: Colombia supports us and especially the National Police for many years with counterterrorist training. Colombia increased its aid to our Armed Forces with intelligence experts and operations focused on the fight against EPP. The information and intelligence exchange are beneficial to our operations, as the Colombian experience is invaluable. We have Colombian police and service members working along with our police officers and military. As for cooperation, we carry out combined exercises, academic exchange, shared experiences of military operations, and common research programs, among others. Colombia’s contribution has been very valuable. Diálogo: What joint and combined cooperation efforts do the Tri-border countries (Brazil, Argentina, and Paraguay) carry out to neutralize narcotrafficking and reduce organized and common criminal activities? Adm. Scolari: Our concern is transnational crime which might occur in the area, such as drug and weapons trafficking, kidnapping, and terrorism. These threats are a growing problem: at times you win, tie, or lose. And although that’s our reality, we are ready to combat them continuously and fulfill our mission. Therefore, joint and combined efforts are conducted in the Tri-border area. SENAD, the National Police, and their partners from Brazil and Argentina conduct most of the actions to neutralize narcotrafficking and reduce operations of organized and common crime. The Military Forces deployed in the Tri-border area count with established provisions with border partners to support the requirements of responsible elements. As such, controls and permanent patrols are conducted in critical areas and compulsory routes, while intelligence operations—shared with national security agencies and institutions of neighboring countries to establish prevention mechanisms or the corresponding response—are carried out. The Paraguayan Navy is acquiring speedboats and the Air Force is conducting several exercises with radar and aircraft along with their Brazilian and Argentinian counterparts. It’s important to point out that we are working on a legal framework against illegal aircraft flying within our territory that will be submitted to the government. Diálogo: What kind of combined and joint exchanges do you conduct as part of military cooperation with the United States? Adm. Scolari: The exchanges are very broad. We conduct periodic exchanges with members of the U.S. Special Operations Command South through land, air, and riverine training exercises. We receive intelligence, combat medic, sniper, and general combat courses. We also participate in multinational exercises such as PANAMAX, UNITAS, and Fuerzas Comando, which our country hosted in 2002 and 2017. Diálogo: What does Paraguay bring to the regional fight against transnational organized crime? Adm. Scolari: We have defense agreements with Brazil and Argentina and very good relations with the region in general. We have an open channel for cooperation and defense with the police and armed forces of neighboring countries concerning firearms. We have agreements for information exchange—the most effective way to combat transnational crime—with regional countries. As we get closer regionally, the fight against crime will be more effective and will help our countries grow and be safe. I believe that regional cooperation in security matters is necessary, since it’s key to defeating transregional and transnational organizations.last_img read more

Read More →

Kerr moving on from Trump criticism: ‘I’m just trying to do my job’

first_imgSAN FRANCISCO — Warriors coach Steve Kerr did little to entertain questions Saturday about President Trump’s tweet criticizing his response to the NBA’s ongoing controversy with China.“Honestly, I’m trying to do my job. We’re in training camp. I know it’s a huge story, but I’m just trying to do my job,” Kerr told reporters.Two days after being called out by Trump, Kerr was again the target of a deriding comment Friday night. “So funny to watch Steve Kerr grovel and pander when asked a simple …last_img read more

Read More →

R1bn earmarked for SA small firms

first_img SAinfo reporter 9 July 2013 South African specialist risk finance firm Business Partners Limited has set aside over R1-billion to invest in small and medium enterprises (SMEs) in 2013/14 as part of its effort to grow the economy and develop entrepreneurship in the country. The funding will help develop the SME sector by providing business infrastructure, advice and after-care service. SMEs are key drivers of wealth and the country’s economy and need to be supported to grow the economy, according to Business Partners executive director Christo Botes. “Despite the challenging economic environment, we are finding that South African SMEs are still growing and there is an appetite for SME finance,” Botes said in a statement last week. “Annually, new funds will be split approximately between real assets (50%), being property investment into purchases, joint ventures and financing of owner occupied properties; traditional family-owned, lifestyle small and growing businesses (40%) and high impact and risk deals (10%).” Some of the investments will be filtered through the company’s R400-million Venture Fund, which was established in late 2012 to engage with businesses, concepts, products or services with high-growth potential. This applies particularly in the technology, bio-technology, renewable energy and agro-processing sectors. “We currently see a great deal of growth opportunity for SMEs within these sectors,” Botes said. “These sectors are growing at a rapid rate in South Africa and the opportunities for businesses active in, or servicing, these sectors are vast. We aim to enable SMEs in these sectors to gear up in order to take advantage of future economic opportunities.” Further opportunities will also be available in the rest of Africa. “The rest of Africa, with its consistent growth of more than 5% over the last few years, is opening up to South African businesses like never before,” he said. “Every local service provider hired, or every supermarket that a South African retail chain opens north of the Limpopo, provides opportunities for supply chains back home.”last_img read more

Read More →

Ateneo rout a ‘wakeup call’ for UP early in UAAP Season 80

first_imgBrace for potentially devastating typhoon approaching PH – NDRRMC Tyler Tio makes up for lost time, debuts with a splash for Ateneo LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary Chief Justice Peralta on upcoming UAAP game: UP has no match against UST PLAY LIST 01:00Chief Justice Peralta on upcoming UAAP game: UP has no match against UST00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games “What happened to us was like a wakeup call. We need to recover quickly,” said Desiderio in Filipino after his team slipped to 1-1. “It was really a struggle, we were scouted very well and almost all of our plays were countered.”UP head coach Bo Perasol called it a “rude awakening” but it was also something that his Fighting Maroons were eager to move past.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“We had to move on immediately,” said Perasol in Filipino. “There’s really nothing left to do, we lost badly but it happens. We move on to Sunday and hope that we have a better game.”Against the hot shooting Blue Eagles, the Maroons were dismal on the floor, going 25-of-67 from the field. They also got sorely outrebounded, 51-38. LATEST STORIES Don’t miss out on the latest news and information. Photo by Tristan Tamayo/INQUIRER.netUniversity of the Philippines was on a high after a dramatic 74-73 opening win over University of Santo Tomas after wingman Paul Desiderio hit a dagger of a three-pointer on Sunday.Come Wednesday, the Fighting Maroons were sent crashing back to reality after Ateneo put on a display for the convincing 92-71 win as the UAAP Season 80 men’s basketball tournament continued.ADVERTISEMENT Frontrow holds fun run to raise funds for young cancer patients  WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Nonong Araneta re-elected as PFF president MOST READ For Desiderio’s part, he finished with just nine points on 4-of-18 shooting after scoring 17 points against the Growling Tigers.“I think we were complacent and we weren’t focused because of that,” said Desiderio. “I wasn’t able to adjust, I was too focused on scoring.”UP has a chance to bounce back on Sunday against University of the East, which has yet to win in two matches so far.ADVERTISEMENT Fire hits houses in Mandaluyong City E.T. returns to earth, reunites with grown-up Elliott in new ad  Read Next View comments BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fightlast_img read more

Read More →

Adrenaline-fueled Tenorio dedicates Finals MVP trophy to Helterbrand

first_imgTyphoon Kammuri accelerates, gains strength en route to PH MOST READ Don’t miss out on the latest news and information. CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA Sports venues to be ready in time for SEA Games PLAY LIST 00:59Sports venues to be ready in time for SEA Games01:27Filipino athletes get grand send-off ahead of SEA Games00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Brace for potentially devastating typhoon approaching PH – NDRRMC John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding GALLERY: Ginebra retains title, survives Meralco in Game 7 Read Next QC cops nab robbery gang leader, cohortcenter_img View comments LATEST STORIES Tenorio said his elbow had bothered him for five years since his last year with Alaska in 2012 and it took sheer will for him to power through the pain in the packed Philippine Arena.“It was pure adrenaline, although I take painkillers and it’s the adrenaline that allows me to play through it,” said Tenorio who wore a sleeve on his right arm.Tenorio said the pain comes and goes but a bone spur had developed in his right elbow that the three-time champion knew he had to take medical help.ADVERTISEMENT Kammuri turning to super typhoon less likely but possible — Pagasa Stronger peso trims PH debt value to P7.9 trillion Japan ex-PM Nakasone who boosted ties with US dies at 101 And yet it was Tenorio who dedicated his personal hardware to 41-year-old teammate Jayjay Helterbrand.“I want to dedicate this championship also to Jayjay,” said Tenorio in Filipino Friday at Philippine Arena after Ginebra wrapped up the series in Game 7, 101-96, against Meralco. “We talked and he’s still unsure of his plans after this.”FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“So I told him that we’ll get this one, Mark [Caguioa] will still be back next year.”And Tenorio finished with 26 points and four assists on his dedication game while nursing a hurting right elbow. Photo by Tristan Tamayo/INQUIRER.netLA Tenorio is no young star in the PBA.At 33-years-old, the Finals MVP of the PBA Governors’ Cup should be the one getting tributes from younger teammates.ADVERTISEMENTlast_img read more

Read More →

TNT coach Nash Racela fined 10K

first_imgMOST READ Don’t miss out on the latest news and information. National Coffee Research Development and Extension Center brews the 2nd National Coffee Education Congress Neymar pledges glory for PSG Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Church, environmentalists ask DENR to revoke ECC of Quezon province coal plant Trump strips away truth with hunky topless photo tweet DILG, PNP back suspension of classes during SEA Games Racela opted to not issue comments about the matter, saying, “It is what it is.”Blackwater big man Kyle Pascual and Kia bruiser Eric Camson also didn’t get away from the fine spree, as they were penalized P5,000 eachfor their flagrant foul penalty one.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool starsGlobalPort forward Sean Anthony had to pay P3,000 for flopping, Phoenix shooter Matthew Wright was slapped a P1,000 fine for his technical foul for use of profane language, while Alaska’s Vic Manuel and Star’s Rodney Brondial were meted a P1,000 fine for incurring technical foul for second motion.All in all, P26,000 were collected, all of which will go to the PBA Players’ Trust Fund. Lacson: SEA Games fund put in foundation like ‘Napoles case’ Robredo should’ve resigned as drug czar after lack of trust issue – Panelo View comments Photo by Tristan Tamayo/ INQUIRER.netTNT coach Nash Racela’s actions got him in hot water as he got hit with the PBA’s first wave of infractions in the 2017 PBA Governors’ Cup.The youthful mentor got fined P10,000 for directly addressing PBA commissioner Chito Narvasa during a live game in the KaTropa’s 106-96 win over Kia last Friday.ADVERTISEMENT LATEST STORIES FEU Auditorium’s 70th year celebrated with FEU Theater Guild’s ‘The Dreamweavers’ Sports Related Videospowered by AdSparcRead Nextlast_img read more

Read More →

NOTICE OF AGM

first_imgTouch Football Australia would like to announce that the annual general meeting (AGM) will be held on February 11, 2006. Here are the relevant documents: NOTICE OF TOUCH FOOTBALL AUSTRALIA ANNUAL GENERAL MEETING NOMINATION FORM FOR TOUCH FOOTBALL AUSTRALIA BOARD OF DIRECTORSlast_img

Read More →

MISSED SOMETHING LATELY? HERE’S THE LATEST NEWS

first_imgTFA are running an online survey on the NTL package that was shown on Fox Sports. If you would like to participate in the survey (and put yourself in the running for a new pair of ESUS shoes) just subscribe to the TFA email database on the front page of the website. Once you subscribe the survey will be sent out via email at the end of this week. Entries for the survey close on June 17. Well, if you’ve been trying to keep up with the TFA website over the past few days you’ll know it’s been flowing thick and fast with information.As editor of the website I’m having trouble finding both the time to write everything and the space to put it on the website…so I thought I’d save myself and everyone else a bit of time and hassle and summarise all the latest news into one story…sort of like a mini mid-week Sixty Seconds in Touch… This Friday is the dual launch of the Queensland 2006 Touch Football State of Origin Campaign and the new Sandstorm Beach Touch competition in Brisbane. Make sure you’re down at the QSAC Venue at 11:00am. The day will include a demo match with some of Queensland’s leading Origin players and also Natalie Cook, Australian Olympic Beach Volleyball Gold Medallist and Director of the Sandstorm venue and competition, as well as plenty of opportunities for the media to promote the event. The Australian Senior Squads have been announced on the TFA website. The final teams to attend the World Cup will not be decided until later this year. Players may be brought into the squads at any point. For more info call 1800 654 951 and speak to Maree Curran. The online shop was recently opened (and then closed again as we try to work through several teething problems with the new system) but already orders have been starting to come through. The new set up is pretty simple; you hit ‘TFA Merchandise’ on the left hand side of the web page and then browse through the different categories and different items. If the shop is still closed when you want to place an order, just ring 1800 654 951 and place your order online with Rachel Grant.center_img The Australian Open squads have also recently been announced and we will be updating the team lists and profiles on the TFA website soon. NTL DVD’s are selling fast, for just $20 you can purchase the package that aired on Fox Sports. Many coaches, referees and players are also purchasing the second DVD, which contains all of the raw footage and also the referee’s commentary of the Open finals for just $30. This DVD is a great resource, while the Fox package is a great promotion of the sport and very well produced. To order your copies phone 1800 654 951 and speak to Rachel Grant or visit the TFA online shop. That’s it for now, make sure you keep an eye on the TFA website daily, as the information and news is going to keep coming quick and fast! ESUS Footwear (TFA’s new sponsor), are getting ready to sell their new range of Touch Shoes both online and also at upcoming events. ESUS representatives will be heading to the Queensland Junior State Cup, State of Origin and National Under 18 Championships, as well as selling their shoes through the TFA online shop and also retail outlets.last_img read more

Read More →