whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org KCS-content Show Comments ▼ Sunday 12 September 2010 10:46 pm Share whatsapp Providence Equity mulls £800m Phones 4U sale Tags: NULL PHONES 4 U, the high street mobile phone retailer, could be sold for up to £800m after its private equity owner received a series of approaches from potential buyers.American buyout giant Providence Equity is understood to be reviewing options for the company, which it bought from founder John Caudwell in 2006. Trade rivals keen to expand their presence are thought to be the likeliest interested parties as Phones 4 U operates 476 stores across the UK. Dixons is a possible suitor.A sale would result in a second windfall for Caudwell. He kept a small stake in the business after raking in £1.5bn from selling his empire four years ago, which included other operations such as distributor 20:20.Analysts estimate the business to be currently worth between £700 and £800m.The group began in 1987 when Caudwell bought 26 phones from the US for more than £1,000 each and sold them on in the UK.At the start it took him eight months to sell all of the phones, but by the time he sold Phones4U it was selling 26 mobiles a minute.
“COPY” “COPY” The house of Clay and Oak / Dow Jones Architects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/13220/the-house-of-clay-and-oak-dow-jones-architects Clipboard Save this picture!+ 10 Share United Kingdom Houses Architects: Dow Jones ArchitectsText description provided by the architects. British practice Dow Jones Architects sent us this house renovation with a good use of brick. More images and drawings after the break. Poplar Cottage is a small house on The Green in Walberswick built in the early 1920s. Over the past eighty years a number of piecemeal extensions had resulted in a peculiar internal organisation that cut the house off from its garden. Our brief was to demolish it and to make a new house, but initial conversation with both the planners and Parish Council suggested that there would be much opposition to this. The decision was taken to retain and renovate the front façade and end gables of the existing house, and to build a new house into this carapace. In this way we attained planning permission for the project as an extension.Save this picture!Recommended ProductsEnclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornWoodBlumer LehmannFree Form Structures for Wood ProjectsEnclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreWoodLunawoodThermo Timber and Industrial ThermowoodThe house sits on a large plot that faces onto The Green and extends to the west as a large garden. The garden is structured as a series of rooms ‘enfilade’, with an existing axial pathway that runs to the back of the house. The new house was conceived of as the completion of this sequence of external rooms and the culmination of the route through the garden. The house is focussed around a large hearth that sits at the heart of the plan. The hearth faces the garden and is located at the junction of the new and the old. The hearth is located to the side of the axial route through the garden, which is completed by the staircase. The stair is situated under a rooflight that drops light into the heart of the house, and is in turn organised so that on climbing the stair you are presented with a view over The Green and to the sea beyond that completes your journey through the garden. Save this picture!The ground floor to the garden side of the hearth is occupied by a large kitchen, dining living room, that is joined to outside by two large folding sliding screens. These open the façade entirely and allow the clay floor tiles to run seamlessly from inside to out, blurring the distinction between the house and garden, and enforcing the idea that this room is the completion of the garden. The house is entered from a courtyard space to the south, which is made up of an existing Suffolk flint walled out-building, a high garden wall and a new games room which is made entirely of black corrugated metal sheeting. On entering the house you find yourself in a hall space, which reveals a diagonal view through the living room, past the hearth into the garden. Save this picture!There is a very strong idea about construction in play in this house. The new building work is made entirely out of clay and oak. The ground, both internally and externally, is made of a red clay slab. The new perimeter walls and hearth are local brick, flush jointed with natural lime mortar. The flush jointing gives the wall the appearance of being a plane of material, and draws attention to the natural lime mortar, which has been mixed with small grit fragments that glisten in the sun and lend the walls an incredible softness. The floor and roof structures are made of large green oak joists, overboarded with oak planks. All of the internal walls are panelled with vertical oak boarding. The oak boarded stair descends to the ground floor where it sits on a section of raised oak floor that forms ‘the snug’ – a north east facing room with a fireplace that overlooks the green at ground floor level. This section of floor sits on top of the oak ground and establishes a relationship with the stair and adjoining oak clad cloak room that emphasises the fact that the oak joinery in very much an ‘inclusion’ both on the clay ground, and within the existing carapace of the house. Save this picture!On reaching the top of the stair you find yourself in the ‘withdrawing room’ a large room off which all of the bedrooms are organised. This room is rooflight and has widows that face both south and east, and from here you can see the sea. The room is set up as a room for listening to music and writing at the desk that cantilevers off the wall. There are three bedrooms each with a private bathroom. The external treatment of the new part of the house is laconic in comparison with the existing part of the house. The new building is brick with plain oak windows and a clay tile roof, materials which with time, will tend to a uniformity of tone and hue that will emphasise the purely volumetric idea for the extension. The existing part of the house has been restored with the original materials; cedar shingles, lime render, brick chimneys, clay roof tiles and painted sash windows.Project gallerySee allShow lessAD Interviews: L.E.FTArticles”Patterns of Speculation”: An exhibition on the works of Juergen Mayer.Articles Share Projects The house of Clay and Oak / Dow Jones ArchitectsSave this projectSaveThe house of Clay and Oak / Dow Jones Architects CopyAbout this officeDow Jones ArchitectsOfficeFollowProductsWoodBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentHousesWalberswickUnited KingdomPublished on February 09, 2009Cite: “The house of Clay and Oak / Dow Jones Architects” 09 Feb 2009. ArchDaily. Accessed 12 Jun 2021.
ArchDaily Year: Manufacturers: Vitrocsa, Lualdi Products translation missing: en-US.post.svg.material_description United States Photographs: Paùl Rivera © Archphoto Manufacturers Brands with products used in this architecture project Save this picture!© Paùl Rivera © Archphoto+ 11 Share “COPY” Projects Photographs ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/292494/country-estate-roger-ferris-partners Clipboard CopyHouses•New Canaan, United States ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/292494/country-estate-roger-ferris-partners Clipboard Products used in this ProjectWindowsVitrocsaMinimalist Window – SlidingSave this picture!© Paùl Rivera © ArchphotoText description provided by the architects. The Wiley residence in New Canaan, Connecticut, designed by Philip Johnson in 1952–53, was purchased with the intention of restoring the residence and adding a new pool house, private gallery, and garage. The architect emphasized respecting the integrity of the property by carefully integrating new structures into the site so that they complement and defer to the original house.Save this picture!© Paùl Rivera © ArchphotoThe concrete volumes of the pool house and garage were minimized by inserting them into the hillside. All new exterior and restoration materials were reviewed and selected on site to harmonize with the existing residence. Save this picture!Courtesy of Roger Ferris + PartnersThe minimalist art gallery was constructed on the foundation of a 19th-century barn and designed with a traditional gabled roof form (a portion of the lower level houses the site’s central mechanical plant). The Gallery’s solid black massing creates a contemporary backdrop for Johnson’s transparent house.The interior is designed to be bright, simple, and clean, acting as backdrop for the art. All lighting is adjustable to best emphasize the art; ventilation is provided by linear diffusers integrated into nearly invisible reveals at the gable ends. Save this picture!© Paùl Rivera © ArchphotoLocating the new pool house was challenging: it required consideration of the preexisting relationships of barn, pool, landscaping, and house. The design aligns the submerged pool house with an existing retaining wall: pool, pool house, barn, and residence form a new nucleus for the site. Acting as gatehouse, a new garage marks the entrance to the estate. The height of the new pool house and the garage follows the height set by the barn foundation walls and the base of the Wiley residence. Save this picture!© Paùl Rivera © ArchphotoRoger Ferris is the founding principal of Roger Ferris + Partners and is responsible for directing the design and master planning work of the firm. Under his guidance, the firm has been the recipient of numerous national and regional design awards for institutional, commercial, and residential work, including twenty-nine AIA honor awards. A graduate and Loeb Fellow of Harvard University’s Graduate School of Design, Mr. Ferris is an active member of the American Institute of Architects, the Royal Institute of British Architects, and the National Council of Architectural Registration Boards. He has frequently served as a lecturer and design juror, most recently for the AIA chapter in Miami. He is designing the Paul Thek Gallery for Wilson’s Watermill Center.Save this picture!© Paùl Rivera © ArchphotoProject gallerySee allShow lessPara Eco House / Tongji University TeamArticlesMuseum and Educational Center of the Polytechnic Museum and Lomonosov Moscow State U…Articles Share Houses Architects: Roger Ferris + Partners Area Area of this architecture project 2010 Area: 7 ft² Year Completion year of this architecture project Country Estate / Roger Ferris + Partners Country Estate / Roger Ferris + PartnersSave this projectSaveCountry Estate / Roger Ferris + Partners “COPY” CopyAbout this officeRoger Ferris + PartnersOfficeFollowProductsStoneConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesDabasNew CanaanHouses3D ModellingUnited StatesPublished on November 12, 2012Cite: “Country Estate / Roger Ferris + Partners” 12 Nov 2012. ArchDaily. Accessed 11 Jun 2021.
Housing Save this picture!© Sebastian Mrugalski+ 23Curated by Paula Pintos Share Arkadia / DKO Architecture + Breathe ArchitectureSave this projectSaveArkadia / DKO Architecture + Breathe Architecture Products used in this ProjectWoodSculptformTimber Click-on BattensDesign Team:DKO Architecture, Breathe Architecture, Koos de Keijzer, David Randerson, Nick Byrne, Raymond Mah, Jeremy McLeod, Choong Lin, Morteza KhorsandClients:Defence Housing AustraliaEngineering:Wood & Grieve Engineers, Cundall, Webber DesignConsultants:Project management Impact Group; Planning Mecone; Fire engineering Innova Services; Certification Blackett Maguire and GoldsmithFire Engineering:lnnova Services Pty LtdAcoustic Consultant:Cundall Johnston and Partners Pty LtdArtist:Jane Cavanough, Artlandish Art and DesignCity:AlexandriaCountry:AustraliaMore SpecsLess SpecsSave this picture!© Tom RossText description provided by the architects. Arkadia started as a series of considerations that questioned the nature of multi-residential development in Australia;Save this picture!© Tom RossCommunity: Arkadia is a result of considered community engagement, and a holistic approach to creating a meaningful and accessible space for all in Alexandria. Environment: Climate change is the single biggest issue facing humanity in the 21st century. Arkadia was to be fossil fuel-free, and the building allows for a carbon-free future. Architecture: We felt strongly about creating a sense of place. The integration of green space and architecture via communal areas within the building is focussed on shared experiences. Spaces to nurture and nourish with shared vegetable gardens, safe play areas for families, rooftop dining with city-wide views, meeting neighbours on Huntley Green.Save this picture!Landscape ground planWith the needs of the community as a key consideration, Huntley Green becomes a neighbourhood park to be enjoyed by all. Key pedestrian links are encouraged from The Huntley Green through to the broader parkland of Sydney Park via exuberant timber-lined arches, which align with the existing thoroughfares of Euston Lane and Lawrence Street. Save this picture!© Tom RossArkadia unashamedly references the heritage of its site. The brickwork throughout links the industrial past – as the former home to the NSW Brickworks Company -to the present, echoing the materiality of adjacent buildings. Featured in the park is an artwork by Jane Cavanough, an interpretation of the local brickwork chimneys in the area and which once stood on site.Save this picture!© Tom RossA curvilinear building of 152 dwellings, it is divided into four identities, named after key brick makers in the area. Each lobby entrance’s brickwork has a conspicuous pattern of its own.Save this picture!North elevationSave this picture!First floor planWith a façade made up of nearly half a million recycled bricks, it is articulated with deep reveals and solar shading to the north and west. The window openings are punched into the facade allowing cross ventilation, summer shading and winter sun penetration. The patina of the recycled brick is integral to the design language – a sustainable reusing of material, indicating an earlier form. The texture of the recycled material accented by the new. Save this picture!© Martin SiegnerArkadia has been designed to minimise its environmental footprint; by harnessing solar heat gain in winter with a thermally efficient envelope of recycled bricks; low maintenance and low embodied energy materials; and drought-tolerant planting.Save this picture!SectionsEach building has its own lift core, communal vegetable garden and access to the rooftop. The rooftop covers some 50% of the footprint area and is holistically designed with brick as the primary material, other landscape materials complimenting, or contrasting.Save this picture!© Tom RossSave this picture!© Tom RossIt is a collaboration which aligns closely with what DKO, Breathe, and Oculus believe matters – creative design solutions with a socially and environmentally responsible approach, from project inception, to completion.Save this picture!© Martin SiegnerProject gallerySee allShow lessThe White Tower House / DosarchitectsSelected ProjectsRadius 58 Optics / DA bureauSelected ProjectsProject locationAddress:Alexandria NSW 2015, AustraliaLocation to be used only as a reference. It could indicate city/country but not exact address. Share Architects: Breathe Architecture, DKO Architecture Area Area of this architecture project ArchDaily ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/940009/arkadia-dko-architecture-plus-breathe-architecture Clipboard “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/940009/arkadia-dko-architecture-plus-breathe-architecture Clipboard Products translation missing: en-US.post.svg.material_description 2019 Lead Architects: “COPY” Oculus Studios Photographs Photographs: Sebastian Mrugalski, Tom Ross, Martin Siegner Manufacturers Brands with products used in this architecture project Manufacturers: Sculptform, Advanced Metal Industries Australia, Apollo, Bowral, Lohas, Stairform, Superhouse Projects Arkadia / DKO Architecture + Breathe Architecture Builder: ICON Co. DKO: Koos de Keijzer, David Randerson, Nick Byrne, Raymond Mah; Breathe Architecture: Jeremy McLeod Australia CopyHousing, Apartments•Alexandria, Australia Landscape: Year: Area: 5590 m² Year Completion year of this architecture project CopyAbout this officeBreathe ArchitectureOfficeFollowDKO ArchitectureOfficeFollowProductBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsAlexandriaOn InstagramOn FacebookAustraliaPublished on May 20, 2020Cite: “Arkadia / DKO Architecture + Breathe Architecture” 20 May 2020. ArchDaily. Accessed 10 Jun 2021.
The winner of the Best Site award at the Yell Awards 1999 is promoting online charity Christmas cards.Phil Barnett won the award for Best Web site in the 1999 Yell Awards. He is now helping to promote the Charities Christmas Card Council’s (4C) Christmas card shops and Web site.Although visitors to the Web site can send an e-Christmas card for free, they still can’t purchase cards online. Advertisement 14 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 30 November 1999 | News 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. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Yell Award winner promotes online charity Christmas Cards
Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Limerick’s National Camogie League double header to be streamed live Twitter Facebook NewsCommunityPlucky Limerick woman Siobhan Brady on her high harpBy Bernie English – October 11, 2018 3025 Previous articleGillian Shannon – Kin Dental Hygienist of the YearNext articleUniversity of Limerick will remain open but weather warning will be monitored Bernie Englishhttp://www.limerickpost.ieBernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news. TAGSCommunitylimerickmusicNews RELATED ARTICLESMORE FROM AUTHOR Linkedin Advertisement Limerick Ladies National Football League opener to be streamed live Print WhatsApp Email WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Siobhan BradyHARP music is said to tear at the gates of Heaven – and one plucky harpist from Limerick has come close to the celestial kingdom with a concert in the Himalayas.It took Siobhan Brady and her dad, Sean, from Castletroy along with their support team, seven hours to ascend and six hours to descend – with a grand piano and a harp – from 15,600 feet up the mountain.Sign up for the weekly Limerick Post newsletter Sign Up Following Siobhan’s success at an international harp competition in London, where she came first in two classes, she was approached to take part in the ‘Highest Harp and Piano Concert in the Himalayas’ in aid of the Cystic Fibrosis Trust (UK).High altitudes can simulate the breathing difficulties caused by cystic fibrosis patients and through this 4,800-metre-high concert, we wanted to show how music can help overcome barriers and raise awareness of this life-shortening genetic disease,” said Sean Brady.The father and daughter achieved the objective on September 6, but not without overcoming huge challenges.“At the summit, two members of the team needed oxygen and one had to be rushed down due to breathing difficulties,” said Sean.“My daughter and I had completed three months of hypoxic altitude training at the Delta Sports Dome on Ballysimon Road so we were fine but still felt the effects of high altitude.“At 15,600 feet, strong winds and a heavy hailstone shower threatened the outdoor performance but luckily the sun came out in time to give my daughter the opportunity to perform.“The winds also presented a further challenge and Siobhan had to continually retune the harp. Unfortunately, the opera singer, Neil Latchman, was advised by the team doctor that he had not sufficiently acclimatised and should not attempt the performance at the summit“Siobhan Brady harp recital in the HimalayasLimerick-based company, CloudAssist, enabled the 15 member team of volunteers from four different countries to make the concert a reality without the artists meeting up before the ascent.The company also provided a web conference link back to the composers, Alex Stobbs and Janet Harbison, who are based in the UK that we hosted at 3,500m for the pre-ascent concert in Leh.Composer Alex himself suffers from cystic fibrosis.The highest harp concert exceeded the fundraising target of €10,000 for the Cystic Fibrosis Trust (UK) and, on the back of this success, the team are now looking to go higher to conduct a concert on the top of Kilimanjaro which is 1,000 metres higher than the altitude reached in the Himalayas.Since the return from the Himalayas last month, the project leader, Desmond Gentle, of Camden Piano Projects aged 69 died suddenly in London and it is in his memory that the next Highest concert in Kilimanjaro will be dedicated. During the highest harp concert, Siobhan performed a piece by Anne Marie O’Farrell, who was the Composer in Residence at Mary Immaculate College, Limerick, while Desmond read out a poem “The Prophets are weeping” from the President Michael D Higgins. Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Donal Ryan names Limerick Ladies Football team for League opener
Twitter Population of Mid West region increased by more than 3,000 in past year Vicky calls for right to die with dignity Advertisement Conor Sheehan, Limerick City North CandidatePicture Brendan GleesonLABOUR Party local elections candidate for City North, Conor Sheehan has called on the National Transport Authority (NTA) and Bus Eireann to prioritise a bus service for the Mill Road in Corbally as part of a review.“I have made several representations to the NTA on behalf of Mill Road residents where I suggested diverting one 301 bus a day to provide the area with a daily return service from city centre. While the NTA have said this would not be feasible, as it would affect the punctuality of existing bus services, they have told they intend to commence examining options in relation to a bus service for the Mill Road shortly,” he explained.Sign up for the weekly Limerick Post newsletter Sign Up RELATED ARTICLESMORE FROM AUTHOR WhatsApp Linkedin Facebook Email NewsPoliticsTransportCall for Mill Road bus serviceBy Staff Reporter – March 20, 2019 1258 TAGSbriefNewspoliticsTransport Local backlash over Aer Lingus threat Shannon Airport braced for a devastating blow Is Aer Lingus taking flight from Shannon? Previous articleLaurel Hill students take regional debating titleNext articleLimerick should be centre of greenway Staff Reporterhttp://www.limerickpost.ie Print Limerick on Covid watch list
The Best Markets For Residential Property Investors 2 days ago Related Articles Share Save February 12, 2019 1,718 Views Home / Daily Dose / Ellie Mae to Go Private Ellie Mae, the Pleasanton, California-headquartered fintech provider for the mortgage finance industry is being acquired by private equity investment firm, Thoma Bravo, LLC in an all-cash deal valued at around $3.7 billion.Under the terms of the agreement, all Ellie Mae shareholders will receive $99.00 in cash per share. The price per share represents a 47 percent premium to the 30-day average closing share price and a 49 percent premium to the 60-day average closing price as of February 1, 2019. While Ellie Mae will remain at its Pleasanton headquarters it will be run as a privately-held company.“As we enter this next phase of our digital mortgage journey, we are thrilled to provide immediate value to our shareholders. With the investment and support from Thoma Bravo, we will remain committed to our customers’ success, innovation and growth of the Encompass Digital Lending Platform while maintaining our position as the best place to work,” said Jonathon Corr, President and CEO of Ellie Mae.The transaction is expected to close in the second or third quarter of 2019 and is not subject to a financial condition. Ellie Mae said that its Board of Directors unanimously approved the definitive agreement and recommended that stockholders vote their shares in favor of the transaction.“Ellie Mae delivers powerful and innovative mortgage technology solutions across every channel of the residential mortgage sector, enabling lenders to originate more loans while reducing costs and driving efficiency, quality, and compliance throughout the mortgage process,” said Holden Spaht, a Managing Partner at Thoma Bravo. “Ellie Mae is leading the digital transformation of the residential mortgage industry and we look forward to building on the company’s successes and to our partnership through this next chapter of growth.”The agreement includes a 35-day “go-shop” period, which permits Ellie Mae’s Board and advisors to actively initiate, solicit, encourage, and potentially enter negotiations with parties that make alternative acquisition proposals. Tagged with: Ellie Mae Finance FinTech HOUSING Lending mortgage Technology Thoma Bravo Sign up for DS News Daily in Daily Dose, Featured, News, Technology Previous: The Fallout of “Expert Testimony” in Foreclosures Next: Decoding the New Flood Insurance Regulation Data Provider Black Knight to Acquire Top of Mind 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. Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe Demand Propels Home Prices Upward 2 days ago Ellie Mae Finance FinTech HOUSING Lending mortgage Technology Thoma Bravo 2019-02-12 Radhika Ojha Ellie Mae to Go Private About Author: Radhika Ojha Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Print This Post The Best Markets For Residential Property Investors 2 days ago
Home / Daily Dose / FHFA Appoints CSS Chairman Share Save Demand Propels Home Prices Upward 2 days ago FHFA Appoints CSS Chairman Related Articles Subscribe The Best Markets For Residential Property Investors 2 days ago The Federal Housing Finance Agency (FHFA) has announced that J. Christopher “Chris” Giancarlo, former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), will serve as independent, non-Executive Chairman of the Board of Directors of Common Securitization Solutions LLC (CSS) and that CSS will amend the structure of its Board of Directors. This amended structure provides Anthony Renzi, appointed in December 2019 as CSS CEO, a seat on the Board and also allows FHFA to appoint up to three additional independent directors.“Chris Giancarlo is the right person to serve as independent Chairman of the CSS Board. Chris’ unique balance of public service and financial sector experience will be an asset to CSS,” said FHFA Director Mark Calabria. “Now is the time to add independent CSS Board members to assess and enable additional entrants onto the CSP. More competition means lower costs for consumers and a more liquid and stable housing finance market.”CSS, a joint venture between Fannie Mae and Freddie Mac, built and runs the technology platform that supports the Uniform Mortgage-Backed Security (UMBS). Both GSEs began using the CSS Common Securitization Platform (CSP) in June of 2019.The FHFA’s announcement was applauded by Housing Policy Council (HPC) President Ed DeMarco, who previously served as Acting Director of FHFA and helped develop the vision for CSP.“HPC applauds this initiative by FHFA Director Mark Calabria and welcomes the selection of Chris Giancarlo to Chair the CSS Board,” said DeMarco in a statement. “This is a long overdue step to directly engage private sector participation in the governance and decision-making of this key infrastructure. Virtually all housing finance reform bills envision CSS as a critical industry platform for mortgage securitization, not a proprietary infrastructure for the exclusive use of the GSEs.”“I am honored to be appointed by Director Calabria as the Chairman of CSS’s Board of Directors. As Chairman, I will promote the modernization of America’s housing finance infrastructure, with the goal of creating a more competitive, efficient, and lower cost housing finance market that preserves all Americans’ access to mortgages,” said CSS Chairman Giancarlo upon his appointment. “The Board will guide CSS as it supports the Enterprises’ mortgage securitization activities, including continuing the development of the UMBS. Part of that development is assessing the impact and utilization of UMBS as a financial instrument and its attractiveness for additional entrants and guarantors, as well as examining its potential use for additional services related to securitizations and emerging digital technologies, including securitization tokenization using distributed ledger technology.” Servicers Navigate the Post-Pandemic World 2 days ago Previous: Report: FHA Must Reduce Share of High-Risk Loans Next: LOGS Network Expands Partnership with Janeway Law Firm The Week Ahead: Nearing the Forbearance Exit 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. Tagged with: CSS FHFA Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily in Daily Dose, Featured, Government, News Demand Propels Home Prices Upward 2 days ago About Author: Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago January 15, 2020 2,645 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Print This Post CSS FHFA 2020-01-15 Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago
ColumnsAn Executive Court and a Judicial Committee: The Supreme Court’s Decisions on the Internet Restrictions in Kashmir Chintan Chandrachud23 May 2020 10:40 PMShare This – xOn 11 May, the Supreme Court issued its decision in a case challenging the restriction on mobile internet speed in Jammu and Kashmir. The Court neither decided whether the restriction was unconstitutional nor issued a remedy. Instead, it referred the matter to a three member special committee. The Supreme Court’s decision on 11 May was a sequel to its decision of 10 January 2020. At 149…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginOn 11 May, the Supreme Court issued its decision in a case challenging the restriction on mobile internet speed in Jammu and Kashmir. The Court neither decided whether the restriction was unconstitutional nor issued a remedy. Instead, it referred the matter to a three member special committee. The Supreme Court’s decision on 11 May was a sequel to its decision of 10 January 2020. At 149 pages collectively, the Court’s decisions are relatively brief by its standards. However, they are far more revealing about the role of the Court than many other decisions of greater length and complexity.On 4 August 2019, mobile phone networks, internet connectivity and landlines were disabled in large parts of Jammu and Kashmir, in anticipation of the constitutional changes that would follow. (As is well known, these “virtual” restrictions – frequently described as the “communications lockdown” – were also accompanied by restrictions on physical movement, with several political leaders being placed under house arrest.) The communications lockdown was imposed under the Temporary Suspension of Telecom Services Rules (“Suspension Rules”), which enable the central or state government to suspend telecom services when there is a public emergency or a risk to public safety. The Suspension Rules included a mechanism for solitary review (rather than periodic review) of suspension orders. A committee of three bureaucrats would meet once, within five days of the relevant suspension order, to determine if it was appropriate.In its decision of 10 January, the Court addressed the question of whether the suspension orders that had been passed since 4 August 2019 – which were the pieces of the puzzle constituting the communications lockdown – were unconstitutional. In arriving at its decision, the Court prescribed a series of important principles. Even though the Suspension Rules did not specifically require their publication, the Court held that suspension orders should be published going forward. It replaced the solitary review mechanism with a periodic review mechanism – in which the review committee would be required to meet every seven days to assess the appropriateness of suspension orders. The Court also concluded that blanket suspension orders (either in terms of the duration of time for which they applied or in terms of their geographic application) would not be constitutionally permissible. However, the Supreme Court failed to decide the most important issue – whether the suspension orders were constitutionally invalid and should be set aside. This was nothing short of an abdication of responsibility. It is no coincidence that the right that guarantees direct access to the Supreme Court when fundamental rights are violated refers to “remedies for enforcement of rights”. The Court may have recognised the rights at stake, but failed to enforce them and award a remedy.Following the Court’s decision, a review committee of three state-level bureaucrats met periodically to consider fresh suspension orders that gradually narrowed the scope of the lockdown. Fixed-line internet connectivity was restored (first for essential services and hospitals, later for software companies, and ultimately more widely). Access to social media websites was gradually reinstated. However, elements of the thirteen suspension orders passed between the Supreme Court’s decisions of January and May seemed vulnerable to constitutional scrutiny. For example, between 14 January and 4 March, the suspension orders imposed a “white-listing” regime, under which only specifically white-listed websites could be accessed through the internet. This resulted in some arbitrary inclusions and exclusions, and an abandonment of the basic principles of net neutrality. In addition, mobile internet has continued to remain restricted to 2G speeds, well below the 4G speeds that would otherwise be available.The restriction on speed of mobile internet was addressed in the Supreme Court’s judgment of 11 May. It is easy to typecast this as a narrow restriction (slow internet versus fast internet). Examined more closely, however, this is a question of access rather than speed. Imagine using applications designed for 2020 on a mobile internet connection that is in healthy competition with dial-up internet of the 1990s. The constitutional challenge was framed with a focus on the impact of the restriction. It was argued that the restriction hindered doctors and the general public from accessing information on COVID-19, and students from accessing educational material and literature when classes in physical classrooms were not taking place. The government argued that the restriction was in the interests of national security, and was directed towards reducing misuse of the internet by terrorists and militants.In what was virtually an action replay of its decision in January, the Supreme Court refused to determine the constitutional validity of the restriction. Even if the decision of 10 January were to be justified on the basis that the Court established a new periodic review mechanism which would consider the appropriateness of suspension orders going forward, that rationale was now no longer available. The restriction that was challenged was a product of the new review mechanism, and the Court was tasked with determining if it was unconstitutional. Instead of doing so, the Court set up yet another review committee – this time consisting of a combination of national and state level bureaucrats – to “examine the contentions” of the parties and determine whether the restriction is appropriate. To be sure, the Court did not ask the committee to report back to it with its analysis. The petitions have been disposed of, and it is the committee that will be deciding the propriety of the restriction. To state the obvious, the Court has delegated its sacrosanct obligation of determining the constitutionality of executive action to the executive.Equally disconcerting as the Supreme Court’s delegation of authority, however, is its assumption of responsibility. The Court opens its judgments of 10 January and 11 May with the surprising observation that it is the Court’s role to strike a “balance” between “liberty and security”. It is easy to understand why any Court would veer towards security over liberty when the question is framed in this way. However, this framing is at odds with the Court’s role as an independent decision-maker. Neither proportionality nor reasonableness review requires the Court to be saddled with the responsibility of “striking a balance” between liberty and security. That is plainly the job of a democratically elected government. The Court’s role is simply to determine, applying the principles articulated in its 10 January decision, whether the balance that has already been struck by the government is constitutionally permissible.If the Supreme Court is once again called upon to determine the constitutionality of the restrictions on communication, it should not only take back the adjudicative mantle, but also hand over the executive one.Chintan Chandrachud is a Constitutional Scholar and Author of the Book ‘The Cases That India Forgot’This Article was first published here Next Story