Mortgage industry peaks in June

first_img 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: David MorrisonMortgage software firm Ellie Mae reported Wednesday that 61% of mortgage loans originated through its lending platform in June went to purchase money loans, and in addition, lenders’ closing rates on all purchase loans had reached 69%.That means June was the first month since October 2014 during which purchase money loans accounted for 60% or more of mortgage loans in a given month. June also saw the highest level of purchase loan closing rates since Ellie Mae began tracking origination data in August 2011, the Pleasanton, Calif.-based firm said. continue reading »last_img read more

Bishop anticipates end of Cathedral Renovation Project by 2018

first_img Share Share Bishop of Roseau his Lordship Gabriel Malzaire.Bishop of the Roman Catholic Church, Gabriel Malzaire anticipates that renovation works on the Roseau Cathedral will be completed by June 2018.Speaking at a press conference aimed at updating the public on ongoing works at the cathedral on Thursday July 14,2016 Bishop Malzaire said the project is moving into stage five which is the covering and construction of the roof. “It is important to note that what was initially intended to be the replacement of the roof turned out to be a much bigger project,” he said. “Midway through the planning process it was advisable to do what we call a seismic test of the foundation. We realized that the foundation was not as wholesome as was needed to support a heavy roof,” the Bishop indicated.He added that the foundation had to be retrofitted, followed by the placement of a steel frame and now the next stage is placing of the roof.“We have been waiting for the material for the roof for practically a year. We are awaiting the material from America and at a certain point we had to re-measure since it is a very complex roof. We had to do precise measurement which was responsible for the delay that we have at the moment.”Bishop Malzaire informed that the material is expected to arrive in Dominica within a months’ time and work will continue. “What the engineers are saying to me is that the placement of the roof will take at least three months. We hope that we can place the roof during this time”.Additionally, the Bishop informed that following the roof placement, the next step will be construction of a new flooring, then the additions of windows and doors, the choir loft and the bell tower.“It is quite a bit of work that needs to be done in the finishing stages and according to my mind I wouldn’t want the project to go beyond mid-2018,” he stated.Bishop Malzaire said it has been a long journey so far and he would have loved to have the Cathedral completed by 2017, however said this would have been a tall order.“Mid-2018 I am hoping that we will have a full fledge Cathedral and I am looking forward to reopen, recommission it and consecrate it and everybody will be able to come,” Bishop Malzaire said.The Roseau Cathedral, which is 159 years old, represents historical, cultural and religious significance for the people of Dominica. 269 Views   no discussions Tweetcenter_img Share FaithLifestyleLocalNews Bishop anticipates end of Cathedral Renovation Project by 2018 by: Dominica Vibes News – July 14, 2016 Sharing is caring!last_img read more

Lakers hold auditions for 28th pick in NBA draft

first_img Newsroom GuidelinesNews TipsContact UsReport an Error EL SEGUNDO — Kyle Kuzma on Monday spoke confidently when he was asked what he can provide an NBA team.“I think I can bring to the NBA just versatility,” he said. “I think the league is going to four men that can pass, dribble, shoot, defend. And I think I can do all that and bring that to the table at this highest level.”The 6-foot-9 power forward out of Utah and five others auditioned to be the Lakers’ No. 28 pick in the NBA draft June 22. The Lakers are expected to take Lonzo Ball with the No. 2 pick. The others were point guard Nigel Williams-Goss (Gonzaga), 6-10 forward/center Thomas Bryant (Indiana), 6-7 guard Andrew White (Syracuse), 6-8 forward V.J. Beachem (Notre Dame) and guard Dominique Hawkins (Kentucky). Bryant, Kuzma and Williams-Goss were underclassmen.Kuzma, projected as a second-round pick, averaged 16.3 points and 9.3 rebounds this past season as a junior for the Utes. He blocked only 14 shots, but he was second on the team in assists with a 2.4 average and shot 50.2 percent from the field – 32.1 (27 of 84) from deep. Kuzma smiled when asked about Magic Johnson.“That’s one of the people I grew up idolizing,” he said. “He’s from Michigan and I’m from Michigan, too. So I’ve always been a fan of his and seeing him in person, talking to him and interacting, was awesome.”Williams-Goss wore a big smile when he referenced the Lakers’ new honcho.“It’s unbelievable, unbelievable,” he said. “I mean, best point guard to ever play the game, in my opinion. Always been a fan, so just a blessing to be able to meet him.”But there was business to take care of, and Williams-Goss believes he did that Monday.“I don’t think I’m really trying to prove anything,” said Williams-Goss, who is also projected to go in the second round. “I think they’ve seen us enough over the course of the season. But I’m just trying to show myself, who I am as a person, good character kid, compete at a very high level.“And I know how to play the game, whether it’s off the ball, on the ball, setting screens, getting my teammates open. I just feel like I’m a well-rounded player and I’m just trying to go out here and compete at the highest level I can.”Williams-Goss averaged 16.8 points, 6.0 rebounds and 4.7 assists this past season for Gonzaga, which lost to North Carolina in the NCAA Tournament championship game.He said he took a lot from that experience.“Just how fun it is to be with a collective unit with one common goal,” Williams-Goss said. “I thought all year long our main focus was to get to the Final Four and contend for a national championship. We put all our self-accolades aside and just found out how fun that is; we didn’t care who was getting the glory, or anything like that.”Beachem averaged 14.5 points and 4.1 rebounds this past season, Bryant averaged 12.6 points and 6.6 rebounds, White scored 18.5 points per game and grabbed 4.6 rebounds, and Hawkins averaged 4.7 points and 1.7 assists.center_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with Packers• PHOTOS: Monday pre-draft workoutHis goal for Monday?“I just wanted to get better, really,” Kuzma said. “The Lakers staff, and every workout we go to, they know what we do, our strengths and weaknesses. So it’s just coming out here, playing ball and just have fun, really.”On hand were Lakers coach Luke Walton, president of basketball operations Magic Johnson and general manager Rob Pelinka. They did not address reporters, but Kuzma talked about what Lakers brass conveyed to him.“Just that I had a hell of a workout, I competed, showed well, just gave me a few pointers to work on in the future and everything,” he said. “So it was definitely positive feedback.”last_img read more