Topics: People Subscribe to the iGaming newsletter Covid 19: what next for igaming employers? 7th April 2020 | By Stephen Carter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Business must go on. Even despite the widespread ‘shutdowns’ to daily life worldwide, the usual evolution of careers and companies continues, and employers will still need to hire new people where they are required to keep operations going, and growing. High-skilled candidates are now available for hire. The circumstances are clearly far from ideal, but the ‘talent market’ has now swung in employers’ favour. After years where employers have struggled to fill many specialist roles, now could even present something of an opportunity. “The most far sighted HR-ers are already looking beyond the flattened curve,” according to The Economist last week. “For a savvy HR chief it’s the perfect opportunity.”The igaming sector, we firmly believe, has the creativity, resilience and core strength to weather this storm.We’ve already been heartened to see many employers committed to not only their existing staff, but also extending opportunities to new candidates. People – good people – will be critical if the industry is to come out of this stronger. The challenges: remote-ness and reductions It is without doubt that the challenges this market presents for employers in every sector, including igaming, are great. HR bosses and business leaders will be focusing on: Availability of talent across the board has increased, creating significantly more choice for employers. Hard-to-fill roles (such as those requiring specialist skills or languages) will now become easier to source for. The best candidates won’t be immediately on the market, but may be more open to considering something new, given the circumstances. Remote workers – such as those in tech and sales – can be hired for roles now regardless of location. Even after this crisis lifts, work can still be conducted remotely. Entire new functions of businesses are rapidly adapting to remote working practices. This change needn’t be temporary, so employers could benefit from hiring remote staff, thereby overcoming previous geographical barriers to hiring. World-class leadership talent with specialist industry experience (a rare find in normal times) will become available for hire.Plus, it’s also easier than ever to arrange confidential discussions with candidates, who are – by necessity – largely working from home, away from colleagues and bosses.Cara Kerr is head of Europe for Pentasia, where she leads the sales team and oversees strategy for the gambling recruitment specialist on the continent. She focuses on non-technical hires, in marketing, product, analytics, sales, business, development, account management and legal and compliance, from entry to director level. Recruitment may not be the first item on the agenda for employers at the moment but for those in a position to take a long-term approach, the market has resoundingly turned in their favour, writes Cara Kerr People Prioritising existing employees’ jobs Maintaining the strongest possible staff base for current and future circumstances Enabling all possible operations to continue on a remote, working-from-home, basis Conducting full recruitment processes onlineUltimately, the challenge of preserving existing employees’ jobs takes absolute priority.This has been the focus of businesses so far, with many introducing significant measures – including the foregoing of bonuses, temporary furloughing and salary reductions – to avoid making workforce reductions.Practically, too, HR bosses and business leaders are rapidly adapting to conducting entire operations on a remote basis. Some businesses are more adaptable than others to this way of working, but even those for whom ‘remote-only’ is possible in theory must ensure that communications, team unity and productivity remain carefully managed. Interview processes for new positions will, for the time being, need to be conducted entirely by video link. Whilst for many (mostly tech and sales) this is nothing new, running full hiring processes in this manner will require a leap of faith for some.The opportunity: hire top talent now It may sound counter-intuitive, but for those in a position to take a long-term approach, now is truly a strategic opportunity to hire and grow.For years, demand for talent has far outstripped supply and employers have fought hard to attract staff and grow teams. Now though (through circumstances self-evidently far from ideal), the market has resoundingly turned: job vacancies are now significantly outnumbered by available candidates. For those who can make the stretch, this “employer’s market” for talent offers an unseen-in-recent-times opportunity to make world-class hires. To summarise the current opportunities for employers: Recruitment may not be the first item on the agenda for employers at the moment but for those in a position to take a long-term approach, the market has resoundingly turned in their favour, writes Cara Kerr.Who can tell what the next few months will bring? For HRs and business leaders, the future is about as uncertain as it’s ever been.Priority, quite rightly, has first been placed on protecting workers amidst often significant threats to business, and thankfully many thousands of industry jobs have been saved worldwide. But what comes next?Recruitment may not be the first item on an igaming employers’ agenda. In fact, recruitment freezes or delayed processes have already slowed the market considerably.As we consider the path ahead, though, two factors will play an important role in bringing recruitment plans back to the forefront: Tags: Online Gambling
Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK has recommended Fresnillo, Hikma Pharmaceuticals, HSBC Holdings, and Unilever. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! See all posts by Manika Premsingh The HSBC share price is rising fast. But I’d buy these 3 FTSE 100 stocks instead I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Manika Premsingh | Tuesday, 27th October, 2020 | More on: HSBA Enter Your Email Address FTSE 100 banking and financial corporation HSBC (LSE: HSBA) is on a roll today. As I write, the HSBC share price up 7% from yesterday, after posting its earnings release. The economic downturn has taken a toll on its performance in the recent past, and continues to do so now. The difference is that a silver lining is now visible behind the weakness in both revenues and earnings. HSBC share price is rising fastAccording to a Bloomberg report, earnings fell less than forecast, which is a positive for the HSBC share price. But there’s more. It has also reduced the amount of expected credit losses as the economic outlook is more stable now.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Importantly, it’s mulling over resuming dividend payments again. The Bank of England had advised financial services institutions to pause dividend payouts earlier this year as the lockdown started. It hasn’t yet green-lighted them, but it’s expected to declare its verdict on the matter before 2020 ends. Based on this, and its expectations for the economy, HSBC will spell out its revised policy in February next year.The downsideWhile this looks like a whole lot of positive news, bumping up the HSBC share price, I think in the cold hard light of day, it’s evident that the bank has a number of risks to contend with too. The US-China trade war, Brexit uncertainty, and Hong Kong protests are just some of the examples of geo-politics at play. There’s a global economic slowdown in the mix now too. The list goes on. After being bullish on the stock for a while now, I changed my perspective on it recently, as the bank was increasingly beset with challenges. I just don’t see enough reason to do a U-turn again. I do think, however, that the HSBC share price will be in a less uncertain place in the near future. The US elections, Bank of England’s dividend call, more clarity on the pandemic, and the outlook for the economy are some big drivers to this end. In the meantime, I’m more interested in buying FTSE 100 shares that are already showing stable growth. Alternatives to buyThe FTSE 100 consumer goods biggie Unilever is one example, whose recent trading update was positive. The company reported sales growth in the latest quarter and has also paid dividends consistently. Hikma Pharmaceuticals is another one. Its latest results showed a 16% increase in earnings per share and its share price has been on the rise too. Despite this, its earnings ratio remains surprisingly low at 12.3 times. This is a stock I’m thinking of buying in the current stock market and economic slump. Miner Fresnillo is another one I’d consider, for precious metals exposure. It has already run up this year, but I think it can still add a nice hedge to the overall portfolio right now. That’s far more than I can say for the HSBC share price right now. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.
Support conservation and fish with NEW Florida specialty license plate The Florida Supreme Court building in Tallahassee, Fla. Fotoluminate LLC / Shutterstock.com By John Haughey | The Center SquareThe Florida Supreme Court on Thursday knocked a proposed constitutional amendment to ban possession of “assault-style weapons” from a prospective berth on the 2022 ballot. The Anatomy of Fear TAGSAssault Weapon BanFlorida Supreme CourtMarjory Stoneman Douglas High SchoolThe Center Square Previous articleOrange County provides critical COVID-19 housing information to residentsNext articleWhat are Reusable Ice Cubes and how to use them Denise Connell RELATED ARTICLESMORE FROM AUTHOR Save my name, email, and website in this browser for the next time I comment. In a 4-1 decision, the court ruled Ban Assault Weapons NOW’s 75-word ballot summary “affirmatively misleads voters” by contradicting broader text in the proposed amendment.“Specifically, the next-to-last sentence of the ballot summary informs voters the initiative ‘exempts and requires registration of assault weapons lawfully possessed prior to this provision’s effective date’ when, in fact, the initiative does no such thing,” the majority opinion said. “Contrary to the ballot summary, the initiative’s text exempts only ‘the person’s,’ meaning the current owner’s, possession of that assault weapon.”Chief Justice Charles Canady and justices Ricky Polston, Alan Lawson and Carlos Muniz formed the majority. Justice Jorge Labarga was the lone dissenter.Ban Assault Weapons NOW (BAWN) began its petition drive in the wake of the Valentine’s Day 2018 mass shooting at Marjory Stoneman Douglas High School in Parkland.The group missed February’s deadline to submit 766,200 voter signatures to get on the Nov. 3 ballot and was aiming for 2022. As of Thursday, it had filed 174,564 signatures and raised $2.361 million, according to the Florida Division of Elections (DOE).The prospective measure qualified for a Supreme Court review by securing 76,632 signatures; 10 percent of voters from one-third of the state’s 27 congressional districts.The threshold for a Supreme Court review, with the adoption of Senate Bill 1794 during the 2020 legislative session, has been raised to 25 percent of registered voters in at least half the state’s congressional districts.To get another ballot language review, BAWN must start from scratch and garner nearly 200,000 signatures.Attorney General Ashley Moody, the National Rifle Association and the National Shooting Sports Foundation challenged the proposal’s language.“It is a huge victory for those who enjoy their Second Amendment rights,” NRA attorney George Levesque said. “But it is also a victory for the people of Florida, in terms of making sure that when they are asked to amend their constitution, they are going to get an accurate description of what the amendment does.”“The Supreme Court, now controlled by the NRA in the same way as our governor and our Legislature, has fundamentally failed the people of Florida,” BAWN Chairwoman Gail Schwartz said, noting the ruling “does not change our commitment to rid Florida of these killing machines. After striving for two years for a safer state for our families, we’re just getting started.”Of six petition-driven campaigns that have met the threshold for a Supreme Court review, Moody has challenged four, with one, an open primary proposal, qualifying for 2020’s ballot.In January, the court struck down an energy choice measure, agreeing with Moody and a long list of opponents that its summary was misleading.Floridians will vote on six proposed constitutional amendments in November:• Amendment 1: Amend the state constitution from “every citizen” can vote to “only citizens” can vote.• Amendment 2: Raise the state’s minimum wage from $8.46 an hour to $10 an hour in 2021, with $1-an-hour increases annually until it reaches $15 an hour in 2026.• Amendment 3: Allow all voters to cast ballots in open primary elections for state Legislature, governor and cabinet, regardless of political affiliation.• Amendment 4: Require constitutional amendments approved by voters in one election to do so again in a second election to be encoded.• Amendment 5: Increase time during which a person may transfer Save Our Homes benefits to a new homestead property from two year to three years.• Amendment 6: Allow homestead property tax discounts to be transferred to surviving spouses of deceased veterans. Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 You have entered an incorrect email address! Please enter your email address here Please enter your comment! Share on Facebook Tweet on Twitter Please enter your name here LEAVE A REPLY Cancel reply
Howard Lake | 15 September 2003 | News 28 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Advertisement The Commission’s guide entitled ‘Charities and Insurance (CC49)’ has been comprehensively revised.The four-part document acknowledges the steep rises in insurance costs experienced by many charities and “seeks to offer practical ./guidance to charities to help them decide what cover they actually need.” It also clarifies the duties and responsibilities faced by trustees with regard to insurance, and stresses the need for risk management. Charity Commission updates guidance on insurance for charities About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: Finance Management AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis
Howard Lake | 10 December 2006 | News 28 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Treloar Trust benefits from readers in stitches Tagged with: Trading Hampshire-based Treloar Trust is to benefit from sewn cross-stitch creations of favourite UK landmarks, skilfully made by readers of Cross Stitcher magazine.Entries in a competition linked to the Postcards in Stitches initiative will raise funds for Treloar Trust, which provides education and independence training for young disabled students at Treloar College and Treloar School.The cross-stitch postcards will adorn a large map of the UK at The Stitch & Craft Show in London’s Olympia 2 in March 2007, and will later decorate the walls of a new Hall of Residence to be built at Treloar’s – a development for which the competition is helping to raise funds. Advertisement Treloar’s is celebrating its centenary and the idea for the charitable competition was born when Cross Stitcher magazine discovered Treloar’s founder Sir William Purdie Treloar raised funds by publishing the first postcards to be sold for charity.Full details of the Postcards in Stitches charity competition, supported by Coats Crafts UK and Anchor, will appear in issues of Cross Stitcher from mid-December onwards. Readers of the 70,000-circulation publication will raise money by entering and phoning or texting their answer to a competition question.
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 21 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 18 January 2010 | News Tagged with: corporate Events Yorkshire Building Society Charitable Foundation’s ‘Heart to Heart’ fundraising appeal has raised £115,000 for the British Heart Foundation (BHF), exceeding its target by £15,000.The ‘Heart to Heart’ Appeal ran throughout December with Yorkshire’s staff, members and the public taking part in fundraising activities including the sale of limited edition cuddly Christmas tree decorations and reindeer food for Santa’s Little Helpers. Branches also organised their own ‘Heart Tea Parties’.Every donation towards the Appeal was matched pound for pound by the Yorkshire Building Society Charitable Foundation.www.ybs.co.uk About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Yorkshire Building Society raises £115,000 in a month for BHF
News Help by sharing this information August 25, 2011 – Updated on January 20, 2016 The famous cartoonist Ali Ferzat abducted and badly beaten RSF_en Organisation The famous cartoonist Ali Ferzat was abducted by masked members of the security services at around 4:30 a.m. in Omeyyades Square, in the centre of Damascus, as he drove home from his office. His captors broke his left hand, which he uses to draw, and burned his body with lit cigarettes. He was dumped at the side of a road near the airport with a bag over his head a few hours later. Some of his drawings and other personal effects were confiscated. He was transferred the next day to a private clinic to be operated on. He said he had received threatening phone calls warning him to stop criticizing the government. A demonstration in support of Ferzat was organized outside his home.
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Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. 6 recommended0 commentsShareShareTweetSharePin it faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes top box 1 Christmas 2014 and New Year’s 2014 Closures and Reminders for Pasadena Published on Wednesday, December 17, 2014 | 11:51 am Herbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeauty10 Most Influential Women In HistoryHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeautyHerbeautyFollow This Summer Most Popular Celeb Beauty TrendHerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeautyAmazing Sparks Of On-Screen Chemistry From The 90-sHerbeautyHerbeauty Name (required) Mail (required) (not be published) Website First Heatwave Expected Next Week Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Your email address will not be published. Required fields are marked * Subscribe More Cool Stuff Top of the News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Pasadena City Hall and most City services will be closed on Christmas Day, Thursday, December 25, 2014 and New Yearâ€™s Day, Thursday, January 1, 2015. Specific closures and exceptions for the upcoming holiday season are noted below.Pasadena Fire and Police Departments will be staffed during the holidays for all patrol, jail, fire, paramedic and other emergency services. For life-threatening emergencies, always call 9-1-1. For other incidents, â€œIf You See Something, Say Something!â€ by calling police at (626) 744-4241. Be prepared to speak calmly and know your location.The City Council has finished its 2014 public meeting schedule and will meet for the first time in 2015 beginning at 6:30 p.m., Monday, Jan. 12 in the Council Chamber at City Hall, 100 N. Garfield Ave.Pasadena residents and businesses with any power emergencies should call the Pasadena Water and Power (PWP) Department at (626) 744-4673. For water-related emergencies call (626) 744-4138. PWPâ€™s regular Customer Service Call Center will be closed for the holidays, but customers can still pay their bills by phone at (626) 744-4005 or on the Web at www.PWPweb.com. The Cityâ€™s Municipal Services Payment Center at City Hall will be closed both holidays.A toll-free â€œVisitors Hotlineâ€ at (877) 793-9911 by the Pasadena Convention and Visitors Bureau will be open 8 a.m.â€“5 p.m., Monday, Dec. 29; 8 a.m.-4 p.m., Dec. 30; 8 a.m.-7 p.m., New Yearâ€™s Eve; and 8 a.m.-4 p.m., both Jan. 1 & 2, 2015. Motorists are advised to obey all temporary â€œNo Parkingâ€ signs posted for the Rose Parade and Rose Bowl. Vehicles will be towed at ownersâ€™ expense, no exceptions. Public access maps are at http://www.cityofpasadena.net/Rose-Bowl-Rose-Parade/.The Citizen Service Center is closed Christmas Day, but will take your calls at (626) 744-7311 from 8 a.m. to 5 p.m. Dec. 26 and Dec. 27. On New Yearâ€™s Eve, the Center will be open from 8 a.m. to 9 p.m. and from 8 a.m. to 5 p.m. the next three daysâ€”including New Yearâ€™s Day, Jan. 2 and Jan 3.Refuse and recycling collection for Dec. 25 and Jan. 1, will be delayed by one day. All other routes will be serviced per schedule. No bulky pickups will be scheduled from Jan. 15 to Feb. 2, 2015.On Dec. 25, the Cityâ€™s Area Rapid Transit System (ARTS) and Dial-A-Ride programs will not operate, but will resume regular service on Friday, Dec. 26. All parking meters are free and time limits will not be enforced on Christmas Day. All parking meter enforcement will resume on Dec. 26.On Jan. 1, New Yearâ€™s Day, the ARTS buses and Dial-A-Ride programs also will not be in operation, but will resume regular service on Friday, Jan. 2, 2015. All parking meters will be free on Jan. 1 and time limits will not be enforced. Parking meter enforcement will resume on Jan. 2. Red curb violations and blocking fire hydrants will be enforced on both holidays.All branches of the Pasadena Public Library, including the Central Library, will be closed Dec. 24 and Dec. 25. The libraries also will be closed Dec. 31 and Jan. 1.The City â€˜s Community Centers will be closed, except for Winter Camps by reservation only, from Dec. 22 to Dec. 26. The centers will be open 8 a.m. to Noon, Dec. 31, and closed Jan. 1. All parks are open for picnics, fun and play, but no site reservations are accepted for the holidays.The City wishes all residents and visitors to safely enjoy the Christmas and New Yearâ€™s Holidays, and reminds everyone to celebrate responsibly by always designating a driver. Stay connected to the City of Pasadena! Visit us at www.cityofpasadena.net; follow us on Twitter @PasadenaGov, www.twitter.com/pasadenagov, and like us on Facebook at www.facebook.com/cityofpasadena. Be sure to â€œTweetâ€ us your favorite event photos! Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News Make a comment Business News
Previous: Moynihan: “Housing Demand Will Ebb and Flow a Little Differently” Next: Former Housing Secretary Eyes Presidential Run Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Radhika Ojha Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago HELOC Home Equity Homeowners HOUSING TransUnion 2018-10-17 Radhika Ojha How are Owners Using Their Home Equity? Share 2Save Servicers Navigate the Post-Pandemic World 2 days ago Borrowing on home equity is poised to see an upswing in 2019, according to a TransUnion study that found several dynamics that are creating a ripe market for the growth home equity-related borrowing.The study found that home equity was currently approaching the $15 trillion mark and has surpassed its prior peak in the first quarter of 2006 by $1 trillion.”There are ample signs that the home equity lending market is poised for growth. Home prices have surpassed 2005 boom levels and household home equity has grown even faster,” said Joe Mellman, SVP and Mortgage Business Leader at TransUnion. “Increasing consumer debt makes debt consolidation an appealing option and home equity can be the most economically attractive path to do just that.”Between 2009 and 2011, home equity levels rose at a rapid rate hovering around $6 trillion, TransUnion said, adding that home equity levels had outpaced home prices between the first quarters of 2011 and 2018.The study also looked at the major expenses for which homeowners tapped into their home equity and found that 91 percent used them for major expenses such as home remodeling, 41 percent used it to consolidate their balances from other high-interest loans, and 23 percent used it to refinance for a better rate or term.”Consumers end up doing multiple things with their home equity loans,” Mellman told DS News. “While most consumers had a major expense component, many also used it to consolidate their existing debt, or refinance an existing home equity loan. A home equity loan can be a powerful tool to do that because it is generally the lowest interest rate product available to a consumer.”Mellman also pointed to signs of home equity lines of credit (HELOCs) market experiencing a growth. “The recent trend of cash-out refinancing is drying up due to the rising interest rates,” Mellman said. “The home equity loan space has been relativity slack, and we’re seeing that the HELOC market has started experiencing growth and are poised to become the primary driver for home equity lending products.” 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. The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribe Tagged with: HELOC Home Equity Homeowners HOUSING TransUnion The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Market Studies, News October 17, 2018 3,023 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Home / Daily Dose / How are Owners Using Their Home Equity? The Best Markets For Residential Property Investors 2 days ago Print This Post Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago
The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily About Author: Seth Welborn Tagged with: Built to rent Investment Rental The Best Markets For Residential Property Investors 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Share Save Demand Propels Home Prices Upward 2 days ago Previous: Affordability: Renters vs. Owners Next: The Industry Pulse: Updates on Quicken Loans, Cenlar, and More in Daily Dose, Featured, Investment, Market Studies, News Build to rent housing inventory is growing fast, and following the influx of investors buying millions of distressed homes and turning some of them into rentals after the foreclosure crisis, single-family rentals have turned into a big business. In this Video Spotlight, Gerald Ellenburg, CEO of ERC Homebuilders, spoke with CNBC about the growing market for rental investments.Many big businesses are cashing in on the built-for-rent investment market. Toll Brothers recently announced a $60 million investment in a joint venture with BB Living, a build-to-rent company based in Phoenix.“There is a consumer rental demand that is driving these institutions to want much greater levels of inventory of this product,” said Ellenburg. “They are learning or have learned that new inventory is a much safer and more official rental product.”“It’s viewed as an ancillary income stream. We see this as more and more renters may prefer to raise a family or live in a single-family home versus an apartment complex or community or building. And so it is part of our Apartment Living group,” Toll Brothers CEO Douglas Yearley said on the company’s second quarter earnings conference call last month. Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Print This Post June 27, 2019 1,280 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe The Booming Built-For-Rent Market Built to rent Investment Rental 2019-06-27 Seth Welborn Home / Daily Dose / The Booming Built-For-Rent Market Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago