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Incoming Lord Mayor up early to rehearse for City’s big parade

first_img Tags: NULL Incoming Lord Mayor up early to rehearse for City’s big parade More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comColin Kaepernick to publish book on abolishing the policethegrio.comAstounding Fossil Discovery in California After Man Looks whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Alderman Michael Bear, who will become Lord Mayor of the City of London tomorrow, took part in a pre-dawn rehearsal yesterday for this year’s Lord Mayor’s Show (on Saturday 13 November) in front of St Paul’s Cathedral.He will be the 683rd Lord Mayor, whose duties include representing UK-based financial services internationally. This year’s show features a troupe of zulu warriors, samba dancers and Hong Kong acrobats. Events start from Mansion House at 11am and the three-mile long procession winds its way through the City streets, via St Paul’s Cathedral, to the Royal Courts of Justice where the Lord Mayor swears an oath of allegiance to the Monarch. The day culminates at 5pm in a spectacular firework display lit from a barge on the Thames. center_img Show Comments ▼ Wednesday 10 November 2010 7:41 pm KCS-content whatsapp Sharelast_img read more

Rajasthan Royals pick Klaasen to replace Smith

first_img By Kunal Dhyani – April 2, 2018 Cricket Facebook Twitter WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video Heinrich Klaasen of South Africa has been picked to replace Steve Smith in the Rajasthan Royals squad for the Indian Premier League 2018.The South African wicket-keeper batsman was picked for ₹50 lakh from the registered and available player pool list. Football CricketIndian premier leagueLatest Sports NewsSports BusinessNewsSport WTC Final LIVE: Devon Conway continues red-hot form, slams fifty to provide New Zealand dream start RELATED ARTICLESMORE FROM AUTHOR TAGSHeinrich KlaasenIndian Premier LeagueIPL 2018Klaasen replaces SmithRajasthan RoyalsSteve SmithVIVO IPL 2018 SHARE Cricket WTC Final Day 3 Stumps: India remove Conway and Latham but Kiwis on top; NZ 101/2 (49 ovs) trail by 116 runs BCCI Apex Council Meet: BCCI to bid for 3 major global events in next tournament cycle starting from 2024; Check PSL 2021 Eliminator 1 PES vs KAR LIVE: best way to watch Peshawar Zalmi vs Karachi Kings Live Streaming in your country, India, Follow Live update Previous articleNokia reunites with Kolkata Knight Riders for IPL 2018Next articleRed FM to be SunRisers Hyderabad lead sponsor for IPL 2018 Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. PSL 2021 Qualifier 1 ISL vs MUL LIVE: best way to watch Islamabad United vs Multan Sultans Live Streaming in your country, India, Follow… WTC Final LIVE: Jamieson says, ‘nice and pleasing to get Virat Kohli’s wicket’; Gill feels India could have got more wickets Rajasthan Royals pick Klaasen to replace Smith Cricket by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeSuresh Raina issues statement after arrest, says the incident in Mumbai was ‘unintentional’UndoPUBG Mobile Big Update : For the first time ever, India Government makes it official, ‘No Permissions to PUBG’UndoSuryakumar YadavUndoThe 27-year-old Klaasen has recently made his international debut against India in the 50-over format. He was named the man of the match for the fourth one-day international for his 27-ball, undefeated 47 at Johannesburg’s Wanderers Stadium.He was later also picked for the three-match T20 International series between South Africa and India.Earlier, Rajasthan Royals had named India batsman Ajinkya Rahane as the captain after Smith was suspended for a year in the wake of the pre-planned ball tampering controversy.Smith and David Warner are handed a one-year suspension for their role in the ball tampering controversy during the Test series in South Africa. The Board of Control for Cricket in India had subsequently suspended the duo for the IPL 2018. Latest Sports News Cricket Cricket Euro 2020- Switzerland beat Turkey 3-1: Shaqiri’s brace keep Switzerland hopes alive; Turkey face exit from Euros WI vs SA 2nd Test Day 3 Live: Rain stops play; South Africa in huge trouble, SA 66/6 (24.3 ov)- Follow Live Updates Share on Facebook Tweet on Twitter FinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatter|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoYourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndo Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore Cricket Cricket Cricket last_img read more

Councillor concerned for 187 staff under water takeover plans

first_img Main Evening News, Sport and Obituaries Tuesday May 25th Councillor concerned for 187 staff under water takeover plans By News Highland – December 4, 2012 Twitter 365 additional cases of Covid-19 in Republic Google+ Previous articleZimbabwean national with Muff address get fine and driving banNext articleOstan Na Rosann Dungloe to close while staff protest over wages News Highland RELATED ARTICLESMORE FROM AUTHOR WhatsApp Facebook Facebook WhatsAppcenter_img Man arrested on suspicion of drugs and criminal property offences in Derry 75 positive cases of Covid confirmed in North Pinterest Twitter Google+ Further drop in people receiving PUP in Donegal A Donegal County Councillor is seeking clarity on the impact the proposed take over of our water system may have on council employees and members of the public.Councillor Paul Canning says it is unclear what the implications will be for 187 council staff when ‘Irish Water’ takes over the provision of water in the county.He forsees problems for certain problematic sewage systems and water schemes which will not be taken over by the company.Councillor Canning says the public may not be aware of the full implications ‘Irish Water’ may have on them:[podcast][/podcast] Pinterest News Gardai continue to investigate Kilmacrennan firelast_img read more

Memorial Day Events 2015 in Ocean City, NJ

first_imgWEATHERThe National Weather Service forecast calls for sun and a high of 72 degrees on Monday. The ocean water temperature is 60 degrees. Check our Daily Beach Report on for real-time reports on water temps, waves, wind and other beach conditions each morning this summer, starting Saturday. GUARDED BEACHES MAY 23 TO MAY 29The Ocean City Beach Patrol will staff lifeguards at the following beaches this week:Stenton PlaceSt. Charles PlaceBrighton Place8th Street9th Street10th Street11th Street12th Street26th Street34th Street58th StreetBeaches are guarded from 10 a.m. to 5:30 p.m. weekends and holidays, and from 10 a.m. to 5 p.m. on weekdays. The Ocean City Beach Patrol strongly urges bathers to swim only at guarded beaches. If you have any questions, please call 525-9201 or 525-9200. Ocean City’s annual Memorial Day ceremony is at 11 a.m. Monday (May 25) at Veterans Memorial Park, between Fifth and Sixth streets off Wesley Avenue.center_img The following is a schedule of events in Ocean City on Monday, May 25.Wreath Ceremony: At 9:15 a.m., Ocean City Beach Patrol lifeguards will place a memorial wreath in the waters off the Ninth Street Beach in memory of those who have given their lives in the service of our country.The Women’s Christian Temperance Union fountain in front of City Hall will be rededicated in a ceremony at 10 a.m. Monday, May 25.Rededication of WCTU Fountain: At 10 a.m., members of the WCTU, (Women’s Christian Temperance Union) and members of the Ocean City Historical Museum will re-dedicate the W.C.T.U. FOUNTAIN in front of City Hall and celebrate the 100th anniversary of the gift.Memorial Day Service: Ocean City’s annual Memorial Day Service will be held 11 a.m. on Mon., May 25 at Veterans Memorial Park, 5th and Wesley Ave. In the event of inclement weather, the service will be moved across the street to the Tabernacle Auditorium.last_img read more

News story: Distress alert helps HM Coastguard coordinate yacht rescue

first_imgHM Coastguard’s mission control centre (UK MCC) based at the National Maritime Operations Centre in Fareham, Hampshire, received the emergency position-indicating radio beacon (EPIRB) alert just before 7.50am on 11 June 2019 from a vessel in the vicinity of Plymouth Sound and immediately contacted Falmouth coastguard, who coordinated the rescue.Around the same time, Falmouth coastguard received a VHF call from a yacht but due to the weather conditions the communications were lost during the call. Working with UKMCC, Falmouth coastguard confirmed that the call came from the same vessel as the EPIRB alert.RNLI Plymouth and Salcombe all-weather lifeboats and Newquay coastguard helicopter were sent to assist in the search and rescue mission. A Mayday relay broadcast was also sent to other vessels in the area requesting they offer assistance in locating the vessel.Soon after the helicopter launched the UK MCC confirmed that the yacht was issuing a 121.5 MHz homing beacon, which allowed the helicopter to home in on the vessel’s location, just south of the Eddystone lighthouse.Upon reaching the vessel in rough sea conditions, it was found in that it had suffered engine failure and the sails had blown through due to a squall. The helicopter winchman was lowered on to the deck of the vessel to check that all was well with the three people on board, and they were confirmed to be safe and well.The RNLI Plymouth and Salcombe lifeboats remained on scene and established a tow with the vessel and towed it to Salcombe harbour.Dai Jones, HM Coastguard duty controller, said: “This rescue mission demonstrated excellent coordination between the UK MCC and Falmouth coastguard, along with the helicopter and lifeboat crews.The skipper of the vessel did the right thing in activating the homing beacon, which allowed us to quickly identify their location and send help.”yatch rescuelast_img read more

Twiddle Spends Two Nights In Paradise For Annual Boston Thanksgiving Run

first_imgLoad remaining images Twiddle wrapped up their Thanksgiving 2016 Tour with a two-night escapade at the Paradise Rock Club in Boston, MA this past weekend, November 25th and 26th. In similar fashion as last year’s run at the same venue, Twiddle brought the Thanksgiving cheer to an eager crowd to celebrate the holiday weekend.Opening night one was The Jauntee, a band local to Massachusetts who have a psychedelic sound truly unique in the northeast. The quartet got the weekend off to a great start before Twiddle took the stage around 10:30 pm.Twiddle started their weekend catalog with the warm tones of “Dusk Til’ Dawn” with drummer Brook Jordan on lead vocals. They meandered their way into a strong “Doink n Boink” before settling in and jamming fluidly through the rest of set one which ended with an emotional “White Light.” Going into the first set break of the weekend the message to “Love Relentlessly” echoed through the crowd, and it was no question that the love would permeate through every soul in the building all weekend.“Brown Chicken Brown Cow” set the tone for a fun and bouncy second set with “Mamunes the Faun” and “Fire on High” being clear highlights. The band encored with “Daydream Farmer” before the crowd headed back to their homes and hotels to rest up and prepare for a second night of music ahead.Night two opened up with lespecial, a 3-piece band heavily influenced by Primus with a hint of electronic and reggae beats. Their set made for very identifiable and enjoyable sound.Twiddle gave a friendly nod to lespecial when they included “Too Many Puppies,” a Primus cover, into their first set of the night, keeping the heavy rock vibes going strong. Mihali Savoulidis continued to shred his way through the night before ending the set with the vocally driven songs “Five” and “Every Soul,” which can be tear jerkers for many and were an appropriate way to end an emotional set.Check out Twiddle’s extended jam on “The Box” in set two, with a cover of Daft Punk’s “Robot Rock” sandwiched in the middle.The weekend ended with a touching cover of Grateful Dead’s “Eyes of the World”, with Savoulidis playing a 50th Anniversary Garcia Tiger beautifully crafted by Lieber guitars.The weekend was one not soon to be forgotten, but fans have much to look forward to with yet another two night run set for the Capitol Theatre in Port Chester, NY this December! Check out the setlists from each night below, courtesy of uTwiddle, as well as a full gallery from ATS Photography.Setlist: Twiddle at Paradise Rock Club, Boston, MA – 11/25/16Set 1: Dusk ‘Til Dawn, Doinkinbonk!!!, Hattibagen McRat, Tom’s Song[1], Amydst The Myst, White LightSet 2: Brown Chicken Brown Cow, Laughable Butane Bob > Mamunes The Faun, Grandpa Fox, Fire On High > Best FeelingEncore: Daydream FarmerShow Notes: This show was a part of the 2016 Thanksgiving Tour. This was the first of a two-night run at the Paradise Rock Club. The Jauntee and lespecial opened the show. “Fire On High” was last performed on 2016-07-29 (42 shows). “Laughable Butane Bob” was last performed on 2014-11-26 (204 shows).[1] “Tom’s Song” contained “Polluted Beauty” teases.Setlist: Twiddle at Paradise Rock Club, Boston, MA – 11/26/16Set 1: Blueberry Tumble, Gatsby The Great[1], Second Wind > Too Many Puppies > Second Wind > ApplesSet 2: Indigo Trigger > Wasabi Eruption -> The Box > Robot Rock > The Box > Boom Boom Boom[2] > The Box, Five, Every SoulEncore: Eyes Of The WorldShow Notes: This show was a part of the 2016 Thanksgiving Tour. This was the second of a two-night run at the Paradise Rock Club. The Jauntee and lespecial opened the show. “Robot Rock” was last performed on 2015-12-31 (92 shows).[1] “Gatsby The Great” contained “Divided Sky” (Phish) and “Too Many Puppies” teases.[2] “Boom Boom Boom” (The Outhere Brothers) was a debut.last_img read more

Best practices writ large

first_imgOver the course of a conversation, Clayton Christensen — by turns engaged and engaging, expansive and thoughtful — will likely stumble over a word or two. On this particular occasion, it’s “grocery store,” the kind of small business his family owned and where Christensen fondly recalls weekends spent working with his dad.He pauses to explain as he searches his brain for the term. “You see, I had a stroke and lost the ability to speak,” he says, as plainly as if he were excusing a sneeze.Christensen, a Harvard Business School (HBS) professor and one of the top theorists of his time, has built a storied career by, as he puts it, telling business leaders not what to think, but how to think about running their companies. In the two years since his stroke, he’s tackled two other equally ambitious tasks: relearning how to speak, and teaching the rest of us how to think about living our best lives.The result is a deeply personal book that puts years of Christensen’s observations on human behavior to paper, a process he calls “one of the most worthwhile endeavors of my life.”“How Will You Measure Your Life?” — co-written with his former student James Allworth, M.B.A. ’10, and former Harvard Business Review editor Karen Dillon — was a labor of love for Christensen, author of the seminal business text “The Innovator’s Dilemma.”Far from offering self-help or ways-to-succeed platitudes, the book takes on life’s big questions — how to balance work and home life, how to maintain a marriage and raise children, how to adhere to ethical and moral standards — using the rigorous framework of the business models Christensen has developed over two decades.“At a fundamental level, good principles based on theory are relevant wherever you look,” he says. And just as a company has to not only measure profits and losses, but also determine whether its measures for promoting long-term success are the right ones, people need to figure out what happiness looks like to put it in reach.“How we measure things determines what we do and what we don’t do,” says Christensen, Kim B. Clark Professor of Business Administration. We may say we value time spent with our families, for example, but if we measure our success day-to-day by how much money we’re making or how quickly we’re being promoted at work, then we may not find the happy family lives we envision for ourselves.On its face, the idea may seem crass: To live a good, fulfilling life — one rich with meaningful relationships, rewarding work, and ethical behavior — simply think as the best CEOs do. But, as Christensen and his co-authors argue, applying sound theory to everyday decisions can help keep us on track.Here he invokes one of the time-tested examples of disruption, the theory that made his name: the American auto industry, which was caught off guard years ago by the creeping success of Toyota and other cheaper imports. “Never did the management of General Motors and Ford get the board and the executives together and say, ‘Guys, let’s develop a plan to drive this company into bankruptcy,’” Christensen says. “They didn’t ever intend to ruin their company. But all of those well-meaning individual decisions that made sense, it sums up to what you don’t want to do.”Just like the auto manufacturers’ strategies, our lives don’t veer off track at any particularly dramatic moment, he says — “and that’s the problem.”“Almost always, when your life falls off the rails, it wasn’t an event,” he says. “It was a process, where piece by piece, what you did seemed to be innocuous or good. Most things that turn out to be bad choices, at the time we made them, seemed to be very rational. You just can’t allow yourself to get victimized by marginal-cost thinking.”Christensen is no stranger to seeing smart, well-meaning people do just that. In his days as an HBS student and as a Rhodes scholar, he says, he met countless bright young people who have since drifted down the path toward business scandals, divorce, even prison. (The starkest example, perhaps, was that of his old HBS classmate, former Enron CEO Jeffrey Skilling.)For Christensen, a devout Mormon and dedicated father, temptation to stray from his principles comes in the form of work, which constantly vies for his attention. “Because my work is so interesting, it could easily consume 18 hours a day, seven days a week,” he says. Years ago, he made an agreement with his wife and the mother of their five children, the youngest of whom is now a junior in college: “I will never work on Saturday or Sunday, and I’m always out of here by 6 p.m.”  (It helps, he admits, that he’s usually at work by 6:30 a.m.)To hear Christensen’s energetic approach to his life — to hear him speak of helping others, of his faith, of tackling problems in business, health care, and education — it’s hard to imagine he was facing its end less than three years ago. In late 2009, he was diagnosed with an often fatal form of lymphoma.His cancer diagnosis lent new urgency to the end-of-the-year talk he had been giving his M.B.A. students for two decades. In “Building and Sustaining a Successful Enterprise,” typically on the last day of class, he would challenge his students to apply the theories of the course to their own lives.“At a certain point we thought, ‘We’ve been using these theories to examine companies; let’s just stick it on the mirror and use it on ourselves,’” says Christensen. “My students always came back with much deeper insight than I had ever come up with.”Allworth, the book’s co-author, took the course in spring 2010, in what many thought might be Christensen’s last semester teaching it.“If anything, I think it made him more determined to get through to us,” recalls Allworth, who put his postgraduation plans on hold to help Christensen research and write the book.That same spring, HBS invited Christensen to speak to graduating M.B.A.s at their Class Day ceremonies in Burden Hall, an event that caught the attention of Dillon, who would become the final member of the book-writing trio. Then the editor of Harvard Business Review (HBR), she decided to interview Christensen about his ideas on how to live a good life to adapt into an HBR essay.“I walked into Morgan Hall thinking only about that article, about getting it done,” Dillon says of her initial interview in the professor’s office. “I walked out an hour and a half later thinking about myself and my own life. … There were questions rattling around in my head, and I didn’t like the answers to them.”She was struck by Christensen’s engaging conversational style — “a cross between my childhood minister and Jimmy Stewart,” she jokes. “He has this lovely, good-moral-fiber, salt-of-the-earth quality. You want to be sitting on the edge of our chair with your hands on your knees.”But she was also inspired by what she calls the “intellectual challenge” of his words. In the following months, she quit her job, took up part-time freelance work, and plotted a move to London with her British husband and two children to reset her priorities. (Meanwhile, Christensen’s HBR essay went viral — it’s still the most-read article in Harvard Business Review’s history, according to Dillon.) Eventually, Christensen came calling again, and she joined work on the book, aided by “Dropbox, Skype, and Google Docs,” she says with a laugh.The writing proceeded haltingly. Just a few months after his cancer went into remission, Christensen suffered the massive stroke that affected his ability to speak. The three co-authors had already agreed the book should be written in Christensen’s voice, and the process of putting his longtime thoughts to paper became even more challenging.The writing also stimulated a fair amount of debate among Christensen, a lifelong Mormon; Allworth, an atheist; and Dillon, a “classic New England Protestant” who fell soundly in the middle.“I didn’t want to inadvertently write a book that applies only to religious people like myself,” Christensen says. “I wanted it to be fundamental enough that people across the spectrum could see real value in it.”The result is more a crash course in business theory and common-sense thinking than in moral philosophy.“One of the things that was important to us was making sure the theory was really accessible,” Allworth says, “almost like taking a minicourse of Clay’s class.”Since its publication this spring, the book has held a steady spot on a number of best-seller lists, including that of The New York Times. Christensen plans to continue his end-of-the-year classroom lecture, though he acknowledges his students now have access to a 200-page primer.“I’m worried, actually — now they can just read the book,” he says with a laugh. “I’ll have to come up with something that still excites them to think deeply about these problems.”last_img read more

UN: Central African Republic faces dire humanitarian plight

first_imgUNITED NATIONS (AP) — The United Nations says violence-torn Central African Republic is facing an increasingly dire humanitarian situation with high insecurity on the main supply route from Cameroon blocking humanitarian deliveries. U.N. spokesman Stephane Dujarric said Monday that prices for basic foods have nearly doubled and sometimes tripled. He says this is happening as 2.3 million people are already projected to need food, while rapid assessments show “alarming figures of severe malnutrition among the newly displaced.” The United Nations reported Friday that 200,000 people have fled their homes in less than two months and are displaced inside and outside the country.last_img

Danny Burstein Tapped for New Fiddler on the Roof Revival

first_img Star Files Danny Burstein Show Closed This production ended its run on Dec. 31, 2016 Fiddler on the Roof is to have its fifth revival on Broadway in the fall of 2015, according to the New York Times. The production will be directed by Tony winner Bartlett Sher, who has had informal talks with Danny Burstein to headline in the role of Tevye. No theater has yet been announced.Based on the stories of Sholom Aleichem, Fiddler on the Roof takes place in Anatevka, a village in Tsarist Russia during the eve of the revolution. Tevye is a poor milkman who cares for his five daughters. While he and the rest of the elders in the village are deeply routed in tradition, his daughters’ forward thinking clashes with Tevye’s principles and causes a rift in the family. The score by Jerry Bock and Sheldon Harnick features the songs “Matchmaker, Matchmaker,” “If I Were A Rich Man” and “Sunrise, Sunset.” Choreography in this latest production will be by Hofesh Shechter, based on the work of original director/choreographer Jerome Robbins.Burstein, who is currently readying to play Herr Schultz in the latest Broadway revival of Cabaret, has received four Tony nominations (for The Drowsy Chaperone, Follies and Sher’s productions of Golden Boy and South Pacific). His other Broadway credits include The Snow Geese, Women on the Verge of a Nervous Breakdown, A Class Act, Titanic, Company and many more.Fiddler first opened on Broadway in 1964, winning nine Tonys. The most recent Great White revival opened in 2004 and starred Alfred Molina and later in the run, Harvey Fierstein.  View Comments Related Shows Fiddler on the Rooflast_img read more

Bipartisan group of Senators call for refinance fee withdrawal

first_img continue reading » A bipartisan group of Senators wrote to Federal Housing Finance Agency (FHFA) Director Mark Calabria last week to echo CUNA’s position that the Fannie Mae/Freddie Mac refinance fee set to go into effect Sept. 1 be withdrawn. Leagues have engaged several of the letter’s signers on the issue, and CUNA has contacted FHFA leadership on several occasions to express opposition to the fee.The fee would consist of 50 basis points on all loans refinanced through Fannie or Freddie. CUNA has said the fee threatens to undercut the refinance market and will raise costs for credit union borrowers and could price vulnerable potential homeowners out of the market.Sens. Mike Rounds (R-S.D.), Kevin Cramer (R-N.D.), Steve Daines (R-Mont.), Jerry Moran (R-Kan.), Tina Smith (D-Minn.), Jon Tester (D-Mont.) and Thom Tillis (R-N.C.) signed the letter, requesting immediate withdrawal of the fee.“That the FHFA) would allow the GSEs to take this course of action, during what is universally agreed to be a period of great economic distress, is surprising and deeply troubling,” the letter reads. “We therefore request that you immediately act to require that the GSEs withdraw this fee to prevent further harm to everyday Americans and our economy. FHFAcenter_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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