Wellcamp Airport hails Qantas deal

first_imgAustralia’s newest airport, Brisbane West Wellcamp Airport (BWWA) has announced a flight deal with QantasLink.The new deal will ensure that QantasLink can fly passengers in and out of the To0woomba based airport later this year.Double daily services will be available from Toowoomba to Sydney from 17 November and daily services will be available on weekends.Wagners chief executive John Wagner said that the airport will provide for the demand to visit Toowoomba for leisure and business.“This is a momentous occasion for Australian aviation, our Toowoomba region and the airport,” said Mr Wagner.“I speak on behalf of Wagners’ four shareholders, Joe, Denis, Neill and myself when I say that we always knew a major airline would see the potential of servicing South West Queensland.”BWWA is Australia’s first fully funded private airport and the first airport to be built in Australia in 50 years and is capable of supporting Boeing 747 aircraft on its 2.87km runway.Source = ETB News: Tom Nealelast_img read more

Whats new In 2018

first_imgWhat’s new In 2018?Take a moment to reflect… which adventures in Asia await you in 2018?Wendy Wu Tours are excited to announce the launch of their brand new 2018-19 tour collections and brochures – which are packed full of new and inspiring experiences that will help bring your Asia holiday to life.Known as Australia’s leading Asia specialists with over 23 years’ experience, Wendy Wu Tours provides excellent-value and culturally immersive packages to suit all your holiday dreams.With the award-winning Wendy Wu Tours, the possibilities are endless. They are the Asia experts and have one simple goal – to give you the trip of a lifetime!Better yet, to celebrate the launch of their new 2018-19 range of tours, they have two cracking not-to-be-missed offers across many of their most popular destinations!For more information, call Wendy Wu Tours today: 1300 318 203PARTNER FLIES FREEIf you and your partner are looking to travel to Asia in 2018, then don’t miss out on Wendy Wu Tours Partner Flies FREE option!Solo Travellers Save 50% Off Single SupplementsIf you’re a solo traveller SAVE 50% OFF single supplements on a huge range of Wendy Wu Tours’ best-selling tours.Source = Wendy Wu Tourslast_img read more

Scoots Refreshed Suite of Ancillary Products and Services

first_imgScoot’s Refreshed Suite of Ancillary Products and ServicesScoot’s Refreshed Suite of Ancillary Products and Services Enhance Low-Cost OfferingSince its merger with Tigerair Singapore a year ago, Scoot has not only expanded rapidly in terms of fleet and network, it has also invested heavily in taking on new digital innovations and developing products that better meet new travel trends, provide better value for its customers, and enhance the overall travel experience.Scoot Insider – Member PortalScoot introduced its first-ever member portal, Scoot Insider, which offers member-only benefits and an improved experience on the FlyScoot website. These include a Welcome discount voucher, faster bookings, member-exclusive and first-dibs on promotions, and more!Scoot Insiders have the ability to save key and frequently-used details for themselves and their travel companions, and these details will be pre-populated during future bookings, saving time and effort. They can also view upcoming and past trips at a glance, manage existing bookings and store credit card details for faster payments. Scoot Insiders are also subscribed to an exclusive newsletter on the latest happenings at Scoot and upcoming promotions, so they will never miss out on a good deal. For a start, Insiders will receive a 15% off Welcome Voucher upon successful registration, and a 15% off Birthday Voucher every year to celebrate their special day! Insiders with a KrisFlyer (the Singapore Airlines Group’s frequent flyer programme) account can sync both accounts and unlock the benefits of earning and using KrisFlyer miles.Currently the Scoot Insider portal, which has approximately 230,000 members, is available in Singapore, Australia, India, the Philippines, Malaysia, Germany, Greece, Hong Kong, Korea, Indonesia, Thailand, China, Taiwan and Japan, and will be launched in Vietnam by the end of August.Directly Earn and Redeem KrisFlyer Miles with ScootKrisFlyer members can now directly earn a mile for every dollar spent on fares and selected add-ons, such as baggage and meals, when booking their Scoot flights on the FlyScoot website. KrisFlyer miles can also be redeemed on Scoot fares, taxes and selected add-ons. Upon login on the FlyScoot website, KrisFlyer profiles will be pre-populated for flight bookings and users can view upcoming and past trips at a glance, manage existing bookings and store credit card details for faster payments. By end 2018, members will have the option to subscribe to the Scoot Insider newsletter for exclusive promotions, deals and news.Earning MilesKrisFlyer members earn one KrisFlyer mile per Singapore dollar spent on fares and selected add-ons on Scoot-only itineraries; or earn up to 25% of actual mileage flown on the Scoot sector when travelling on mixed itineraries (e.g. Scoot-Singapore Airlines/SilkAir interline flights, codeshares, etc.), depending on the ticket fare class.Redeeming MilesMembers can redeem their KrisFlyer miles on fares, taxes and selected add-ons or mix their miles with cash.This step forward in Scoot’s partnership with KrisFlyer signifies greater value for existing KrisFlyer members as they now have an additional option to redeem miles, from as low as 1,050 miles. What’s more, KrisFlyer members also get regular access to exclusive Scoot travel deals.Automated, Faster, More Efficient Check-ins from SingaporeSince the introduction of Automatic Bag Drop (ABD) machines in July 2018, Scoot passengers departing from Singapore Changi Airport now have the option to experience end-to-end self-servicing at the airport for a faster, more streamlined check-in process for their flights. From collection of boarding passes and bag tags, to dropping off their checked luggage, customers can make use of the 24 self-service check-in kiosks (SSKs) and 8 ABD machines located at the Scoot check-in rows at Terminal 2.More than half of Scoot’s customers now opt to use the SSKs, which allow check-in at their own convenience from 18 hours to 70 minutes before their scheduled flight departure.Guests without checked baggage or document check requirements can also complete their check-in online and print their boarding passes at home to take advantage of Scoot’s special Scoot-to-Gate service, skipping airport check-in entirely and heading straight to departure immigration. Flights departing from Singapore as well as Berlin are currently eligible for Web Check-in, which is available from 72 hours to 1 hour before scheduled flight departure. There are plans to extend Web Check-in to more countries across the Scoot network by next year, subject to regulatory approval.Scoot Takes Care of Your e-Visa NeedsAn electronic visa (e-visa) application platform has been integrated within the FlyScoot website to dynamically offer within the flight booking process, depending on customers’ nationality and booked destinations, any applicable e-visas and their costs. Customers can then apply for the e-visas on the spot, or any time after they make their booking. This saves travellers the hassle of having to identify whether they require a visa, and provides a streamlined, user-friendly option to conveniently take care of their travel requirements. Powered by online visa provider Oevisa, the service features a simple application form, fast approval typically within one to three business days, easy visa retrieval and dedicated 24-hour support on email, Live Chat, Whatsapp, WeChat, and Facebook Messenger.Scoot’s e-visa application service has successfully processed almost 20,000 e-visas to date, most of which are for travel to Australia. It currently facilitates applications for e-visas to Australia, India, Malaysia, United States and Vietnam, and more e-visa types such as the Australian e600 Visitor Visa and other destinations will be progressively added. By end-2018, applicants will be able to choose expedited options for faster e-visa processing during their flight booking, and even apply for urgent e-visas during Web Check-in.Current e-Visas available:Australia: Electronic Travel Authority (ETA) visaIndia: e-Tourist Visa, e-Business Visa & e-Medical VisaMalaysia: single-entry eVISAUnited States: ESTA Vietnam: Tourist eVisaScootsurance – Better Protection Tailored to Your NeedsScoot has partnered AXA Travel Insurance to introduce Scootsurance, its new andcomprehensive travel insurance that can be conveniently purchased anytime from the FlyScoot website, whether during or after flight booking. Designed to create better value and meet the needs of customers before, during and after their trip, Scootsurance aims to provide customers with hassle-free travel and peace of mind. Guests are covered via a comprehensive range of benefits – essential protection for trip interruptions and cancellations, travel delays and misconnections, medical arrangements, baggage losses, full terrorism cover, accidental death and permanent disablement, among others – as well as the following new and enhanced benefits:Emergency medical repatriation for travel back to one home’s country: On top of being evacuated to the nearest medical facility that can provide the treatment and care needed in the event of a medical emergency, the insured customer will also be transferred back home safely after his condition is stable.Hospital visitation benefit:Covers the travel and accommodation costs for a relative to visit and care for the insured customer during hospitalisation.Child care benefit: Covers the travel and accommodation costs for an adult to accompany the child(ren) home in the event an insured parent is hospitalised.Fast track claims service: Quick and hassle-free experience in the event of a claim, for claims of up to S$500 that fulfil the policy requirements.Scootsurance is also distinguished by exclusive benefits for Scoot customers, such as inflight personal accident protection of up to S$25,000 while on Scoot flights, and reimbursement of a booking even if it was paid for with KrisFlyer miles, in the event that passengers are unable to travel.Currently only available for guests purchasing their Scoot flights with Singapore as their first point of departure, Scootsurance will be made available progressively for departures from other countries and is targeted to complete by the first half of 2019.Flexiroam – Seamless Inflight to Ground ConnectivityFrom enjoying inflight connectivity onboard selected Scoot flights, guests can now travel seamlessly across the Scoot network and stay connected without the hassle of switching out their SIM card. Guests with flight bookings made through the FlyScoot website or the Scoot mobile app can obtain a complimentary Flexiroam X Microchip[1] with 1GB of data that can be used in 64 Scoot destinations[2]. Attaching the microchip on top of the existing SIM card allows customers to switch between their existing network and Flexiroam’s and top up as needed to enjoy data in Flexiroam’s over 100 destinations. By end-2018, existing Flexiroam users will also be able to exchange Flexiroam X data for inflight Wi-Fi data sessions on selected Scoot flights operated on Boeing 787 Dreamliners, allowing them greater ease when transitioning from air to ground.1Shipping charges apply.2All Scoot destinations except Vietnam and Maldives.Source = Scootlast_img read more

Waikiki Beachcomber by Outrigger Unveils Artist Collaboration

first_imgWaikiki Beachcomber by Outrigger Unveils Artist CollaborationWaikiki Beachcomber by Outrigger Unveils Artist CollaborationAs part its $35 million complete modernization, Waikiki Beachcomber by Outrigger recently unveiled  “The Beachcomber Originals” – an alliance of extraordinary artisans whose contributions to the hotel’s look, sound and taste create a one-of-a-kind journey of the senses for its visitors.The original dozen collaborators include celebrated craft brewers, a Hawaiian fiber artist and internationally acclaimed slack-key guitarist. With its central location, steps to Waikiki Beach – partnering with iconic beachcombers from surfers, photographers and models to printmakers and painters was a natural fit.“Our Beachcomber Originals are social-savvy tastemakers who, through this exclusive partnership with Outrigger, manifest their shared love of Waikiki Beach and Hawaiian culture via their artwork and aloha,” said Ike Cockett, general manager of Waikiki Beachcomber by Outrigger. “Guests of Waikiki Beachcomber can enjoy the original aesthetic and culinary creations of this local artist network, as well as have opportunities to interact with them through our ‘B Original’ crafted series.”Zak Noyle, arguably the world’s most respected and celebrated extreme-surf photographer, is the Beachcomber Original most prominently featured in the hotel; his dramatic underwater imagery welcomes guests up the 75-foot escalator tunnel and fills the wall behind the headboard of every guest room. Waikiki Beachcomber’s exclusive partnership with Zak includes original programming such as a quarterly talk-story series and aqua-photography sessions with the artist himself.“It has been an honor to work on this project with a team of interior designers and architects who sincerely respect the destination and bring a modern twist to the heart of Waikiki – the birthplace of modern surfing,” said Zak Noyle. “I can’t think of a better place or way to showcase and share my water photography than at the all-new Waikiki Beachcomber by Outrigger,” added Noyle.Meet The Beachcomber Originals:Abigail Romanchak – A celebrated printmaker, Abigail aims to empower and assert a Hawaiian sense of identity and culture through her work. Her prints add texture and grace to each guest room at Waikiki Beachcomber.Emma Wo – Business owner, role model and content creator known as “the aloha babe;” Emma’s voice has become influential as she spends time for both work and play at the Waikiki Beachcomber.Erin Ibarra – Hawaii’s “chalkboard queen,” Erin is a self-taught artist, muralist and creator of “Elevation” – the hand-drawn Floors of Flora murals that are found by the elevator bank on each floor at the Waikiki Beachcomber.Garrett Marrero – Bringing cheers and beers to Waikiki Beachcomber, Garrett is the founder and CEO of Maui Brewing Co, the hotel’s anchor restaurant, and was recently honored as the National Small Business Person of the Year and as a semi-finalist in E&Y’s Entrepreneur of the Year.Ha‘a Keaulana – Westside Oahu surfer, print artist, surftographer, creator and stellar athlete; the Waikiki Beachcomber has become one of her go-to spots for a weekend getaway ideally situated next to the sea.Jonathan Rotmensch – Owner of Hawaii’s most Instagrammed coffee shop, Hawaiian Aroma Caffe at the Waikiki Beachcomber, Jonathan is the brain and lead on the Beachcomber’s TOMA (Terrace of Modern Art) event series and stylish poolside parties.Makana – An internationally acclaimed guitarist, singer, composer and activist, Makana created “The New Sound of Waikiki” specifically for Waikiki Beachcomber – fresh beats that will be heard throughout the hotel.Margo Ray – Print, collage and installation artist; her colorful work is featured alongside an entire interior wall at the hotel’s Maui Brewing Co. This 64-foot mural features one of Hawaii’s most beloved hula dancers, Beverly Noa.Marques Hanalei Marzan – An expert fiber artist from Kaneohe and advocate for indigenous arts and cultural practitioners, his intricate fiber (rope) art is found prominently hanging inside of Maui Brewing Co.Matt Bauer – Photographer, creative director, surfer and entrepreneur, Matt played an integral role in executing #WaikikiVibes through his artistic video and photography lens.Vince Lim – Renowned scenic and adventure photographer, Vince’s iconic, aerial Waikiki photography can be found in every guest room at Waikiki Beachcomber.Zak Noyle – One of the most-widely recognized surf photographers in the world, Zak captures vibrant, awe-inspiring surf and wave photographs; his iconic underwater images fill the walls of every single guest room and other key on-property locales.Learn more about the Beachcomber Originals at outrigger.com/original as well as keep tabs on upcoming music and events at the property. Fans can follow Waikiki Beachcomber by Outrigger on Instagram at @beachcomberhi to celebrate the #WaikikiVibes and check out the featured artwork as part of its new “B Original” network. Bookings for Waikiki Beachcomber by Outrigger can be made today at both Outrigger.com and WaikikiBeachcomber.comAbout Outrigger Hospitality GroupFor more than 70 years, Outrigger Hotels and Resorts has charted a journey of discovery – expanding from Hawaii to premier resort destinations in Fiji, Thailand, Guam, Mauritius and the Maldives. The privately held hospitality company currently operates and/or has in development 38 properties and over 7,000 rooms – inviting guests to ‘Escape Ordinary’ with authentic Signature Experiences and the Outrigger DISCOVERY loyalty program. Outrigger’s multi-branded portfolio includes Outrigger® Resorts, OHANA Hotels by Outrigger® and Hawaii Vacation Condos by Outrigger® while also managing select properties from top international hotel brands including Embassy Suites®, Best Western®, Wyndham Destinations and Hilton Grand VacationsTM.Find out more at Outrigger.com or visit @OutriggerResorts on Facebook, Instagram and Twitter Source = Outrigger Hospitality Grouplast_img read more

Sharjah introduces offbeat locations of the emirate

first_imgSharjah’s many offerings, from cultural and historical treasures, such as the Museum of Islamic Civilisation to the oldest souk in the region, from luxury stays in boutique hotels to fascinating displays of the age-old tradition of birds of prey displays all add up to an unforgettable array of memories. However, Sharjah also offers more for those travellers who wish to get off the beaten path and find even more unique experiences.Here are some of the more wide-ranging locations of the emirate, totally worth the trek:Khorfakkan: Set on a splendid bay flanked by photogenic rock formations and backed by the rugged Hajar Mountains, Khorfakkan is a wonderful spot for day trips and weekend breaks. The crescent beach has playgrounds and football goals dotted among the palm trees. At the northern end, resorts with private beaches, outdoor pools, a dive centre, local playgrounds for the kids and waters ports for all your water sports and activities, are open to non-resident guests.Kalba: Meandering for a good 7 km along Kalba’s coastline, Kalba Beach is often scattered with footballers, picnickers and fishermen and their Toyota trucks. Bookended by a small marina and the tidal KhorKalba, it is a great place to feel the sand between your toes. At the southern end, the coastal sands and adjacent mangrove forest are part of a protected area. It is an important nesting site for hawksbill turtles and the only place in the UAE where the beautiful Arabian-collared kingfisher bird breeds. One can also enjoy the 5-star luxurious eco-friendly lodges and resorts in Kalba with private pools and various water activities on offer.Nahwa Enclave: Nahwa is a rare ‘counter-enclave’ – a tiny territory belonging to Sharjah that curiously sits within the Omani enclave of Madha, which is in turn surrounded by the UAE, an interesting geographical quirk. The original village was abandoned in 1999 for New Nahwa, built on a bend of the Wadi Shis. Surrounded by mountains, it is a scenic spot with lush date palm plantations, rocky peaks and a gorge with freshwater pools hidden at the end of Wadi Shis. There are plenty of places to camp, hike and bike. Off-road driving through the wadi is also popular.Dibba Al Hisn: Named after its fort (hisn), Dibba Al Hisn is part of a trio of seaside towns that share a beautiful bay. Green palm trees, serene mosques and bountiful produce markets add character and colour to the town. Take an afternoon stroll around the harbour to see the fishermen hauling in the day’s catch, and charter a fishing boat or dhow for a cruise along the coast. Dolphins are often sighted and the boats can take you to deserted coves and secret snorkelling spots.last_img read more

Shedding MSRs B of A Earns 653M in Q1 Net Income

first_img in Government, Origination, Secondary Market, Servicing April 20, 2012 435 Views Shedding MSRs, B of A Earns $653M in Q1 Net Income First-quarter results for “”Bank of America””:https://www.bankofamerica.com/ recently showed that the company continues to shed its role in the mortgage market, with the giant reporting year-over-year declines to $1.6 trillion for home loan portfolios for investors.[IMAGE]The financial institution said that mortgage portfolios serviced for investors also fell to $1.3 trillion in the first quarter from $1.4 trillion last year.The balance for mortgage servicing rights climbed to $7.6 billion from $7.4 billion, a small increase when seen [COLUMN_BREAK]alongside $15.3 billion for the same for the bank in March last year.Bank of America also pointed to $15.2 billion in residential first-lien mortgages it funded in the first quarter, trumpeting new homes for some 63,000 homeowners. The company said that refinance mortgages accounted for 84 percent of first-lien home loans, with home purchases amounting to 16 percent of the same. The numbers fall in line with a restructuring strategy in place since the worst of the financial crisis. Bank of America touted the latest results as signs of fiscal strength for the company.””By focusing on building strong customer and client relationships, we’re doing more business and winning in the marketplace,”” CEO Brian Moynihan said in a statement. “”Our strategy is paying off: With the economy steadily improving and because of the work we have done to strengthen and simplify our company, we saw improved profitability in all of our businesses this quarter compared to the fourth quarter of last year.””The bank fielded an overall $653 million in net income at $0.03 per diluted share.center_img Bank of America Company News Housing Affordability Investors Lenders & Servicers Mortgage Servicing Rights Mortgage-Backed Securities Processing Profits Quarterly Earnings Service Providers 2012-04-20 Ryan Schuette Sharelast_img read more

Prudential California Realty Picks New COO

first_img in Origination, Servicing Prudential California Realty Picks New COO Agents & Brokers Company News Investors Lenders & Servicers Movers & Shakers Processing Service Providers 2012-09-12 Tory Barringer September 12, 2012 439 Views center_img Prudential California Realty has appointed real estate executive Leeann Iacino as COO.[IMAGE][COLUMN_BREAK]Iacino has extensive experience as a leader in the real estate industry, working as a top-selling agent with Moore and Company in Colorado and eventually founding Prestige Real Estate Group, an independent company that amassed more than $1 billion in sales in the Denver-Boulder area. She also worked to merge two leading real estate brokerages in Denver to create one of the region’s largest brokerages, where she went on to serve as CEO.””This has been an extensive search that’s resulted in acquiring an exceptionally talented and accomplished executive,”” said David M. Cabot, president and CEO of Prudential California Realty. “”We’re coming into a market that’s full of extraordinary opportunities; Leeann is a professional with both the experience and the leadership skills to complement our company.””With offices in San Diego, Irvine, and Encino, California, Prudential California Realty offers real estate services to Southern California. Sharelast_img read more

NAHB Touts Affordability of Newer Homes

first_img in Data, Government, Origination, Secondary Market, Servicing The “”National Association of Home Builders””:http://www.nahb.org/ (NAHB) wants people to know they may not be saving money by purchasing older homes. With higher maintenance and upkeep costs, older homes may not be the bargain they appear to be, warns NAHB. [IMAGE]NAHB compared the cost of owning a home built before 1960 to the cost of homes built since 2008 and found that after taxes, the total cost of owning a home in its first year is about 23 percent more for an equally-priced older home. [COLUMN_BREAK]””Home buyers need to look beyond the initial sales price when considering to buy new construction or an existing home,”” said Rick Judson, chairman of NAHB. “”They will find that with the higher costs of operating an older home, they can often afford to spend more to buy a new home and still have annual operating costs that fit their budget,”” Judson said. Utilities, maintenance and property taxes for homes built before 1960 average about $564 per year, according to NAHB’s assessment, while these costs total about $241 for homes built after 2008. NAHB also touted other amenities unique to newer homes, including “”open space floorplans, creative storage options and entertainment resources that cater to modern lifestyles, as well as the safety consideration that the structure was built and wired to modern codes and standards.”” While there is quite a range of homes built between 1960 and 2008, the home builder group did not release any findings on operating costs for these homes. Agents & Brokers Attorneys & Title Companies Housing Affordability Investors Lenders & Servicers National Association of Home Builders Processing Service Providers 2013-04-02 Krista Franks Brock NAHB Touts Affordability of Newer Homescenter_img April 2, 2013 401 Views Sharelast_img read more

CredAbility ClearPoint Credit Counseling Announce Merger

first_img Share “”CredAbility””:http://www.credability.org/en/homepage.aspx and “”ClearPoint Credit Counseling Solutions””:http://www.clearpointcreditcounselingsolutions.org/ announced Tuesday that they have agreed to merge the two organizations effective December 31, 2013.[IMAGE]The name of the new organization will be ClearPoint Credit Counseling Solutions and its headquarters will be in Atlanta. Chris Honenberger, CEO of ClearPoint, will be the CEO of the newly combined organization. Phil Baldwin, CEO of CredAbility, will become president. The board of directors will consist of 30 directors, 15 from each organization.[COLUMN_BREAK]The merger will create the second largest nonprofit credit counseling organization in the nation with 50 offices in 15 states. The new organization will have more than 150 credit, housing, and bankruptcy counselors and financial educators. It will also have one of the nation’s largest Spanish-speaking staffs of counselors.””By combining our strengths – ClearPoint’s credit card repayment plans with CredAbility’s housing and bankruptcy counseling – we have created a stronger, more robust full-service counseling and education organization,”” Honenberger said. “”In addition, with more people seeking financial counseling and education online and by phone, the combination also allows us to invest in new technology more efficiently.””””This merger provides us with the financial resources to grow, which will help millions of low- and moderate-income households across the nation,”” Baldwin said. “”In addition to helping people in financial distress, we now have the resources to provide people with new services that will help them build financial security.”” in Data, Government, Origination, Secondary Market, Servicing CredAbility, ClearPoint Credit Counseling Announce Mergercenter_img Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Processing Service Providers 2013-10-02 Hugh Moore October 2, 2013 450 Views last_img read more

Despite Challenges Lenders Plan for Growth

first_img Demand Fannie Mae Mortgage Lender Sentiment Survey 2015-01-26 Tory Barringer in Daily Dose, News, Origination, Servicing Despite Challenges, Lenders Plan for Growth Regulatory challenges and an expected drop in demand haven’t turned mortgage executives from their plans of growing their businesses in the coming year, according to results from a recent survey.In a review of Fannie Mae’s November survey of senior mortgage executives, Li-Ning Huang, senior manager of the company’s Economic & Strategic Research Group, found that though respondents are concerned about compliance issues and weak borrower demand, most are still optimistic about the year ahead, particularly when it comes to their growth plans.”Most lenders surveyed said that they are looking to either grow or maintain their origination and servicing businesses,” Huang said in a post on Fannie Mae’s website.In fact, the company found, 88 percent of lenders surveyed said they’re looking to grow their origination business, and 70 percent said they intend to expand their servicing. Only four percent said they plan to downsize their servicing business, and none expect to dial down their origination operations.In an email, Steve Deggendorf, director of business strategy for the group, explained that while lenders’ short-term outlook for mortgage demand is pessimistic, their growth strategies take a longer view.”Although lenders have become increasingly concerned with weak consumer demand over the last year, they are still optimistic about the mortgage business for the longer term,” Deggendorf said. “We speculate that, in Q1 2014 when many regulatory changes took effect, lenders invested a lot of resources on compliance and were more pessimistic on their profitability. Now, lenders seem to have adjusted to handling compliance issues and can focus more on their firm’s longer-term strategy and business.”When it comes to lending, more executives said they plan to increase the number of retail branches or loan officers than any other answer. “Expanding market outreach” was another frequently cited tactic.A major part of that marketing strategy includes increasing outreach to first-time homebuyers, who market-watchers hope will play a more active role in the housing market this year. Fifty-two percent of executives in the survey said they’re going to step up their marketing to first-timers. (Forty-two percent said they want to increase their marketing to move-up homebuyers, who are coming back as equity improves.)center_img Share January 26, 2015 590 Views last_img read more

8 Pitfalls to the FHFAs URLA Changes

first_img Several trade groups and organizations focused on the banking and mortgage industries recently wrote a letter to  Federal Housing Finance Agency (FHFA) Director Mel Watt, concerning a potential last-minute addition to the new Uniform Residential Loan Application (URLA).The groups, including the American Bankers Association, Consumer Bankers Association, Consumer Mortgage Coalition, Credit Union National Association, Housing Policy Council, Independent Community Bankers of America, Mortgage Bankers Association, and National Association of Federal Credit Unions, noted their concerns over a particular part of the application that asks borrowers to indicate their language preference. The groups pointed out that the inclusion of the question raises serious compliance and legal concerns.The new changes to the URLA form are expected to go into effect later this month.”While we support a range of efforts to ensure that borrowers are well informed during the mortgage process, the inclusion of such a question on the redesigned form raises several serious compliance and legal concerns that strongly weigh against including it on the form or, at the very least, warrant a full vetting through a notice and comment process before its inclusion,” the letter said.According to the banking groups, a question on language preference on the URLA would come with eight consequences:Require lenders to ask borrowers sensitive questions before the interactions and implications of other rules are understood and addressed.Create expectations among consumers that can’t be met.Provide an inferior means of obtaining and analyzing data.Detract from other more promising avenues.Potentially expose lenders to liability.Open both lenders and borrowers to considerable origination costs.Open servicers to new obligations and increase borrowers’ servicing costs.Require translation services without accompanying government or GSE materials.”At this point, the inclusion of the subject question would only create confusion, uncertainty and potential liability. Given the implications across federal agencies, we urge the FHFA to abandon this proposal or, at the very least, seek broader interagency and stakeholder input before proceeding further with this addition to the URLA,” the group wrote in the letter.Click here to view a copy of the letter. in Daily Dose, Featured, Government, News, Origination June 13, 2016 698 Views 8 Pitfalls to the FHFA’s URLA Changescenter_img Share Banking Trade Groups FHFA Uniform Residential Loan Application 2016-06-13 Staff Writerlast_img read more

Dart Appraisal Announces Collaboration with HouseCanary

first_img in News, Technology Dart Appraisal Announces Collaboration with HouseCanary April 13, 2017 580 Views Dart Appraisal, an independent appraisal management company, recently announced its collaboration with HouseCanary, a San Francisco-based real estate data analytics company. Through this collaboration, Dart Appraisal will offer The Value Report, a new valuation product to its lender clients.The Value Report provides an on-demand valuation, risk assessment and market data for a single property or entire portfolios.“At Dart Appraisal, we’re always striving to offer the most unique and efficient products that meet our partners’ needs,” said Michael Dresden, President of Dart Appraisal. “The Value Report is a modern option for lenders who want to value their portfolio, or who need a quick valuation on a property that provides more detail than a standard Automated Valuation Model.”The Value Report delivers comprehensive property details, including its sales history and a suitability score, ranking the subject property against its 10 closest, algorithmically selected comparables. Lenders will also receive an understanding of the local market, as well as a three-year value forecast for both the subject property and the market environment.“HouseCanary measures price movements on every residential block in the country, allowing for precise home valuations,” said Jeremy Sicklick, HouseCanary CEO. “Our algorithms combine 40 years of history, one billion residential transactions and hundreds of proprietary calculations influencing home values, providing lenders a modern way to accelerate loan origination and underwriting. We’re excited to work with Dart Appraisal to meet the new demand.”center_img Valuation 2017-04-13 Seth Welborn Sharelast_img read more

Collingwoods Tim Rood Evolving Housing to the Next Level

first_img Tim Rood is the Co-Founder and Chairman of the Collingwood Group, a Washington, D.C.-based advocacy group for the housing and mortgage industries. Collingwood works to identify and secure business opportunities with the federal government and the GSEs; helps financial services companies comply with, interpret, and operate within the ever-changing regulatory environment; and works directly with CEOs and boards of directors to help increase market share and profitability.Rood brings more than two decades of mortgage industry and entrepreneurial experience to the Collingwood Group. Rood recently spoke to DS News about his day-to-day role with Collingwood, how the industry is evolving, and where both he and the market are headed in the future.DS News: What do you see as Collingwood’s role in the market right now?Rood: We’re evolving just as the market is evolving. Collingwood, through the Obama administration, was laser-focused on advisory services related to risk management, compliance, and advocacy in certain circumstances to give lenders, service providers, and technology companies the best chance for commercial success in Washington, and that’s given us a solid foundation and customer base from which to work.In a situation where you’ve got razor-thin margins, lenders and servicers are having to evaluate where to make investments today. It’s historically been a binary choice. Do I invest more in compliance and risk management, or do I invest more in operational efficiencies, taking friction out of the process, and delighting my customers? Technology has caught up to that business problem and can solve the compliance and risk management problem while solving for the efficiency and delighting the customers.When Collingwood was acquired by Situs, that put us in a fortunate situation where we could rely on the infrastructure and capital of a much larger parent company in adjacent industries, multi-family, and commercial, and then repurpose some of those tools and leverage that infrastructure so that we became a higher-value business partner to our clients as it relates to transaction services across the continuum—origination, servicing, claims, professional services. We can get into business process engineering and help folks advance from strictly a compliance, risk management culture and then focus on how we can wring efficiencies out of the process while achieving all of the compliance and risk management objectives.DS News: What does your role with Collingwood look like on a day-to-day basis?Rood: One of the great things about this company is, it’s so dynamic. We find ourselves advising lenders, servicers, technology companies, outsourcers—anything that has to do with some intersection with Washington. The variety of topics that we are involved in, and the people that we interface with, never ceases to amaze me and excites me every day, just because you find yourself in the pocket of such mission-critical issues for the industry.We only take on causes that are about enlightened self-interest for the industry. If the cause we’re taking on is good for the industry—housing, mortgage, the economy—then we should get involved. However, the opposite is also true. We don’t take up causes that promote the self-interest of companies or individuals if it’s at the expense of the industry.The work is dynamic and fulfilling. Our days involve advising the executives of these organizations, getting a roadmap to achieving their objectives in and around Washington. We then leverage all of the tools and resources available to us to make sure that we’re part of not just the advice but the solution as it relates to how to operationalize things that they’re trying to accomplish, whether that be compliance, risk management, operational efficiencies, outsourcing, resource management. For a long time, we’ve been bootstrapping this business and had some hard-won success building a brand and our reputation in the industry. It’s empowering now to have a trunk full of tools at your disposal, and a well-funded parent company to underwrite our growth into these transactional business services and professional services.DS News: What are the challenges you’re preparing for in 2018 and beyond?Rood: You’re at what some would argue is a cyclical and secular crossroad here for the industry. Many companies need to reinvent themselves, particularly companies that don’t have a mortgage servicing rights (MSR) portfolio. Then they’re focused on obviously how to feed the beast on the origination side. We’re reaching an inflection point for some companies that are not properly capitalized, where they’re going to have to rationalize how they do business and explore partnerships with larger, well-capitalized companies that have more diversified business models.We’re alert to that and are looking at the industry regarding what role we play in that. Whether it be on advisory services or matchmaking, we are working with companies to make sure that they’re taking advantage of every opportunity to lower their costs and enter into a variable-cost business model to make sure that they’ve reached the elusive equilibrium between production capacity and product demand. That has been the bane of the existence of mortgage lenders for as long as I can remember.DS News: What are you seeing happening with home equity conversion mortgages (HECMs)?Rood: All the things that I’m hearing about the HECM program coming out of the administration and out of HUD are positive, well-intentioned, and earnest conversations. There’s alignment that the program needs to be sustainable. HUD needs to find ways to make the program less volatile, and they need to ensure that it is commercially marketable to enough seniors to make the juice worth the squeeze.I’m encouraged by all the things that I’m seeing. I was anxious that the new administration might not value the HECM program, despite some of the demographic realities in our country in terms of baby boomers aging, their desire to age in place, and the sad reality that too many of them are living in poverty yet are house-rich. That creates an opportunity. One of the things I’ve liked about this administration is, while fairness is still important and you’ve got to take care of people who need help, which there’s also a calculus that says, “It’s not just about fairness.” There’s a macroeconomic calculus to helping people achieve homeownership, to helping people tap the equity in their homes so that they can maintain a reasonable quality of life. There’s plenty of work to be done, but I like the direction in which we’re heading.DS News: Do you see any other challenges as far as this huge group of seniors or near-seniors who are aging up?Rood: We’re in this enigma wrapped in a riddle around the whole inventory problem and the affordability problem. There does not seem to be an easy solution there. The inventory that boomers occupy, if their bias is to age in place, then you break the housing ladder in half, where entry-level owners can’t move up. There’s just not enough inventory. At the entry level, you’re seeing demand stymied because builders can’t make the economic calculus work for building entry-level homes when regulatory costs can be $80,000 or more just to build a house. You’ve got record-high raw material costs. You’ve got the supply-chain issues in terms of finding qualified labor to build. We’re stuck here. Americans still have a bias towards living indoors, so something has got to break. We’ve got to find a way to remove some of the cost burdens to incentivize builders to build at the entry level, and we need to give seniors options other than aging in place.DS News: As I’m sure you know, the Mortgage Bankers Association (MBA) is going to lose its leader later this year with the retirement of David Stevens. How do you think that that transition into a new head of the MBA could potentially affect advocacy within the industry?Rood: There is only one Dave Stevens, so trying to find a mini Dave would be a fool’s errand. He was the perfect guy for the times. The challenge for the MBA as it goes forward is that a lot is going on in the industry, and there seems to be some separation between what the large financial institutions have as their agenda versus the agenda of independent mortgage companies. How you keep those companies aligned with a common set of objectives is one of the biggest things for the MBA and the industry to wrap their heads around.Advocacy for the MBA during the housing crisis was about trying to keep the administration and regulators from over-correcting and killing the industry in an attempt to save it. Now you’re dealing with a completely different environment, where the bias for the industry is to deregulate, and to be more transparent, and to be better business partners with the industry. So, it’s going to be a different set of issues. They need to contribute to whatever the solution is for the inventory problem. The MBA needs to contribute to the ongoing progress made from a regulatory and enforcement standpoint, to make the government and the private sector more aligned and less adversarial. They need to make sure that there is adequate and affordable access to credit.The housing finance industry still probably would benefit from a makeover. There’s still probably a negative and largely false narrative that exists in the administration and with lawmakers that needs to be addressed. I’ve spent my entire professional career in housing finance, and I know that the housing finance system and the actors in the system are, by and large, well-intentioned and good business partners for the government, and certainly are critical to the vibrancy of the economy and the housing market. The MBA will be an important voice for the housing finance industry as it looks to ensure the right people in the right places have the right impression of our industry.You can’t dismiss the fact that housing, in a normal year, can contribute upwards of 20 percent of the economy. Regulators need to be sensitive to the fact that patriotism doesn’t compel mortgage lenders to make mortgage loans. Capitalism does. If the lenders don’t have the confidence, if they can’t quantify the risks that they’re taking and an ability to mitigate those risks, sooner or later they’re just going to stop taking those risks. There’s going to be cataclysmic fallout to the economy if that happens. There’s probably a benefit to an advocacy campaign, making sure that people see all the value that this industry brings to the economy and that any cautionary tale from the past belongs where it is, which is in the past.DS News: What are some of the qualities you think will be necessary for whoever takes over as head of the MBA?Rood: It’s going to have somebody who still has Dave’s passion because it’s going to be a body blow to the MBA membership when Dave leaves. The person who takes over is going to have to instill confidence and energy in its membership base at a time where they’re going through a tough market. Anybody in the industry has got some anxiety over how 2018 will shape up, so it has to be somebody who understands the issues and energizes the membership base. Somebody who has a clear and compelling understanding of how Washington works, and the ability to pull the right levers at the right time to achieve the best outcome for their members. This is not a “learn on the job” point in time. That’s critical. At the same time, it has to be somebody that the industry is excited about, can relate to, and trust to represent their interests going forward.DS News: You sound like you might be a good candidate for the role yourself. If that opportunity came your way, is that something you would consider?Rood: That’s a good question. It would be an honor to be considered for something like that, but I’m thrilled with the job that I have, and I’ve never been more invigorated for the work and the opportunities that are in front of us. in Daily Dose, Featured, journal, News, Servicing Collingwood’s Tim Rood: Evolving Housing to the Next Level March 13, 2018 628 Views center_img Collingwood Group Compliance David Stevens HECMs Home Equity Conversion Mortgages MBA Mortgage Bankers Association mortgage servicing Mortgage Servicing Rights Regulations Tim Rood 2018-03-13 David Wharton Sharelast_img read more

BCFP Hires Chief Communications Officer and Spokesperson

first_imgBCFP Hires Chief Communications Officer and Spokesperson May 7, 2018 580 Views 2018-05-07 Staff Writer John Czwartacki has transitioned from the Office of Management and Budget (OMB) to the Bureau of Consumer Financial Protection (BCFP) as its Chief Communications Officer and Spokesperson. His 30 years of experience in public and private sectors will now be applied full time at the Bureau as it fulfills its statutory mission. Czwartacki has been at OMB from the earliest days of the administration, and was detailed as a Senior Advisor at BCFP by Acting Director Mick Mulvaney upon his appointment to the dual roles last November. With the transition of Czwartacki to BCFP, he joins the team in their mission to prepare for the yet-unnamed permanent director and create a more effective, efficient, and accountable actor within the federal government and on behalf of the American people, according to the BCFP’s release. “It has been nothing short of the highlight of my career serving the current budget director, his patriotic and tireless staff, and the Trump administration overall,” Czwartacki said. “It has been my pleasure to work alongside an extremely talented communications team both at OMB and in the West Wing. I look forward to continuing my service, alongside Mick Mulvaney and his tremendous staff, for the foreseeable future. We have lots of work ahead of us.” center_img Share in Government, Headlines, journal, Newslast_img read more

Housing Demand Declining for First Time in 4 Years

first_img Buyers First-Time Homebuyers Genworth Genworth Mortgage Insurance Corp. Home Prices Homebuyers homes HOUSING Inventory mortgage Purchase Loans Supply 2018-05-24 Radhika Ojha Housing Demand Declining for First Time in 4 Years in Daily Dose, Featured, News, Origination Homes sold to first-time homebuyers declined year-over-year for the first time since 2014 according to the latest edition of Genworth Mortgage Insurance’s First-time Homebuyer Market Report released on Thursday. The report, which aggregates all publicly-available government data and proprietary mortgage data into one dataset for its results, found that in Q1 of 2018, first-time homebuyers purchased 411,000 single-family homes a decline of 2 percent from the first quarter of 2017. This set of buyers also accounted for 37 percent of single-family homes sold and 57 percent of purchase mortgages financed.“This quarter’s decline in first-time homebuyer sales reflects a slowdown in cyclical momentum as the first-time homebuyer market approached its historical norms,” said Tian Liu, Chief Economist at Genworth Mortgage Insurance. “It also reflects a shortage of available homes priced at or below the median first-time homebuyer market price of $250,000.” Pointing to the continued pressure from inventory shortage, Liu said that while homebuyer demand was easing slightly for the first time in four years, “supply pressures will continue to drive price appreciation and freeze out a large percentage of the 2.7 million first-time homebuyers who are still missing from the market.”The report also indicated an increase in home sales without financing or all-cash transactions, even as purchase loans made by investors increased by 3 percent from last year. These numbers indicated a rise in speculative demand and otherwise a more competitive environment among potential homebuyers.The quarter’s growth of all-cash transactions and purchase loans made by investors also pointed to a market that was overheating according to Liu. “It is becoming increasingly common to see multiple offers submitted on a property, which results in purchase prices surpassing listing prices, as well as inflated home prices, making cash offers more coveted,” he said. “Because first-time homebuyers prefer using debt over cash when purchasing a home, this quarter’s surge in cash purchases is a competitive disadvantage to them and helps explain their pull-back.”Shortage in housing supply, as well as rising mortgage rates, have also contributed to lower home sales, the report found. Yet, contrary to most forecasts, the report said, “we believe that strong first-time homebuyer demand and an insufficient supply increase will keep home prices growing at their current pace.”Looking at future supply trends, the report said that despite the current insufficient response in easing inventory pressure at the lower end of the market, housing supply will continue to expand to meet the strong first-time homebuyer demand. “In addition to new construction, we will likely see the conversion of rental units back to owner-occupied properties, lower vacancy rates, and increased remodelling activities,” the report said.To read the full report, click here.center_img May 24, 2018 599 Views Sharelast_img read more

The Dip Before the Rise

first_img in Daily Dose, Data, Featured, News The Dip Before the Rise Housing activity is likely to remain weak in the coming months, at least until the market adjusts to the higher mortgage rates, according to Freddie Mac’s October Forecast. The report revealed that rising mortgage rates along with increasing home prices have impacted homebuying activity in the third quarter of 2018.The economy too is expected to slow down a bit, according to the forecast, to around 3 percent in Q3, 2018. Another macro indicator, the GDP, is also expected to “grow at a rate of 3 percent for 2018, slowing to 2.4 percent in 2019, and dropping to 1.8 percent in 2020 as the effects of expansionary fiscal policy fade,” the forecast projected. Unemployment will average 3.9 percent for the rest of 2018 and fall slightly to 3.8 percent in 2019. However, it is expected to rise to 4 percent in 2020.“The housing market continued to cool off in the Fall with slowdowns in home sales, new construction and price growth,” said Sam Khater, Chief Economist, Freddie Mac. “While we expect the weakness in housing activity to extend the next few months as the market absorbs the recent uptick in mortgage rates, the combination of strong economic growth and millennials moving toward homeownership should help home sales regain momentum and rise modestly in 2019.”Mortgage rates, in fact, had remained steady at 4.6 percent during the third quarter, before increasing to 4.9 percent in the beginning of October. Freddie Mac expects mortgage rates to continue this climb and anticipates that the 30-year fixed-rate mortgage is likely to average 4.5 percent in 2018, rise to 5.1 percent in 2019 and further to 5.6 percent in 2020.Home sales though have fallen for four straight months and despite an increase of 3.5 percent in new home sales in August, the overall trend in home sales still points downward, the report indicated. The report cited higher borrowing costs and house prices as the key reasons behind the slowing of home sales and projected sales to decrease 0.9 percent to 6.07 million in 2018 before regaining momentum and rising 1.8 percent to 6.18million in 2019 and by 1.1 percent to 6.25 million in 2020.Weaker home sales and home price growth also saw mortgage originations declining during the quarter, with the outlook projecting single-family originations to decline 8.9 percent year over year to $1.65 trillion in 2018 and remaining at the same level through 2019 before falling once more to $1.60 trillion in 2020. October 30, 2018 718 Views center_img Freddie Mac Home Sales Homebuyers homes HOUSING mortgage Origination Prices rates 2018-10-30 Radhika Ojha Sharelast_img read more

Fannie Mae Homebuyers Hopeful on Affordability

first_img in Daily Dose, Data, Featured, News February 7, 2019 1,068 Views Fannie Mae: Homebuyers Hopeful on Affordability Homebuyers are getting more positive about being able to afford a home, according to the latest data from the Home Purchase Sentiment Index (HPSI) by Fannie Mae.According to Fannie Mae, the HPSI rose 1.2 points in January primarily due to “an 8-percentage point jump in the net share of Americans who reported substantially higher household income in January compared to the same period last year.The net share of Americans saying it was a good time to buy a home also increased 4-percentage points in January to 15 percent. The report indicated that this component was down 12 percentage points in January 2018. However, the net share of those saying that it was a good time to sell a home decreased 1 percentage point to 35 percent, down 3 percentage points from the same time last year.”Movement among the HPSI components points to possible housing affordability relief in 2019,” said Doug Duncan, SVP and Chief Economist at Fannie Mae. “The net share of consumers expecting home prices to increase over the next year has declined further, falling to the lowest level since late 2012.”In fact, the net share of consumers who expected an increase in home prices has been falling for four consecutive months. In January it fell another percentage point to 30 percent.The net share of consumers who said that mortgage rates would decline over the next 12 months also increased 3 percentage points to -53 percent. “Fewer consumers since last summer, on net, believe that mortgage rates will rise over the next year, a sentiment consistent with the Fed’s statement at its January meeting that it will be patient with future target rate adjustments,” Duncan explained.Additionally, he said that the results of the latest HPSI were in line with Fannie Mae’s forecast that “amid improving affordability conditions, home sales should stabilize in 2019 after declining last year for the first time in four years.”center_img Fannie Mae Home Prices Home Sales Homebuyers HOUSING HPSI mortgage 2019-02-07 Radhika Ojha Sharelast_img read more

Many people over the years have claimed that the i

first_imgMany people over the years have claimed that the internet would be the end of the traditional bricks and mortar travel agents. Just last week, Webjet managing director John Guscic commented in The Australian Financial Review that “… the underlying role of the traditional travel agent is arguably in decline…”TravelManagers chairman Barry Mayo holds an opposing view and was quick to point out that his company has the internet to thank for its existence.“It was the internet, the great enabler of modern connectivity that created the opportunity for online travel agents to evolve and ironically, it was also the internet and related technology enhancements that created the opening for TravelManagers and the personal travel manager concept to be born,” said Mayo.“Travel is one sector that is very much moving forward. TravelManagers choose to embrace rather than fight the digital revolution and by using the internet as an effective business tool the company has grown and prospered exponentially.”Mayo said personal service is still extremely important in a growing technological world.“With more than 510 personal travel managers throughout the country, TravelManagers – the only truly national home-based host agency, attributes its key to success being the personal and consistent service delivery and the enthusiasm for the tailoring of travel arrangements to individual client’s tastes and demands.“Service is the key in this internet age with the personal travel manager genuinely looking out for what is in their clients’ best interests. Providing individual tailor made experiences, and having your own personal travel manager is what sets a personal travel manager apart from many traditional travel agents and sole online providers,” said Mayo.“TravelManagers is a 24 hours a day, seven days a week, 365 days a year business. Our state of the art technology allowing the ability to access and process every aspect of a client’s booking at any time is critical to deliver on our promise of exceptional client service. With our continued advanced technology focus and personal travel manager knowledge and experience, our clients receive the best travel experiences and value for money holidays that is unrivalled in the industry,” he said.Mayo said TravelManagers clearly demonstrates the home-based personal travel manager model, with its blend of online presence and personal service, is the future of the travel industry.“We have just experienced our best every sales month in February to date, and our first quarter sales are also shaping up to be nothing short of exceptional. The results speak for themselves. Personal travel managers are the way of the future, and you can’t argue with that,” finished Mayo. Barry MayoPTMsTravelManagerslast_img read more

Perth travel agent Jazmin Haven has scooped the po

first_imgPerth travel agent Jazmin Haven has scooped the pool, winning a bottle of Cuban rum and a 7-night Havana holiday in TravelCube’s recent Beach Collection incentive.Jazmin, from Flight Centre Hay Street, made the most bookings during February and March 2017 from TravelCube’s fast-growing Beach Collection – a portfolio of more than 10,000 properties in over 100 of the world’s top leisure destinations.Her Cuban adventure includes three nights at the Hotel Memories Miramar in Havana and four nights at the Memories Varadero, along with $3000 worth of airfares – oh, and the rum!The secret to winning the incentive was, she says, ‘love’ – or, more accurately, a fortuitous beach wedding booking.“One of my repeat customers is travelling overseas to a wedding in Bali and he walked in and paid for his entire family and others attending the event.“It was still such a surprise to win and a wonderful way to be rewarded for working so hard.“What’s great is that I’ve always wanted to go to Cuba and my sister has just come back and told me it’s her favourite place.”TravelCube also gave away a series of ‘breach breaks’ during the sales incentive, won by five agencies across Australia and New Zealand: Flight Centre Melton – five nights’ at the Sheraton Mirage, Gold CoastFlight Centre Craigieburn – five nights’ at the Marriott Resort & Spa, Nai Yang Beach, ThailandFlight Centre Kaitaia – four nights’ at the Pacific Beach Waikiki and two nights at the Honua Kai Maui, HawaiiCruise About Rouse Hill – four nights’ at the Sheraton Tokoriki and two nights at Sheraton FijiHelloworld Kincumber – four nights’ at the Sheraton Bali, two nights at the Royal Beach Seminyak and two nights at Istana Rama, BaliBeach Collection sales incentive winner Jazmin Haven (left) with TravelCube WA sales exec Sophie Weller CubaTravelCubelast_img read more

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first_img 0 Comments   Share   TEMPE, Ariz. – Zero college offers out of high school. Walk-on. Scholarship not earned until after his junior season.None of the above screams future pro talent.Yet, there linebacker Haason Reddick stood in the auditorium of the Arizona Cardinals’ training facility on Friday, introduced as the team’s first-round pick of the 2017 NFL Draft.So, how did it happen? How did Reddick go from hardly known to well-known? Arizona Cardinals’ first-round draft pick Haason Reddick speaks after being introduced at the teams’ training facility, Friday, April 28, 2017, in Tempe, Ariz. (AP Photo/Matt York) Derrick Hall satisfied with D-backs’ buying and selling Former Cardinals kicker Phil Dawson retires Top Stories center_img Reddick, according to Mayock, showed scouts that after playing with his hand in the dirt for most of his four years at Temple, he could stand up, play two different linebacker positions and, more importantly, still be effective, and often disruptive.That’s what caught the eye of Cardinals defensive coordinator James Bettcher.“(Reddick) plays off the ball like he’s been playing, maybe that position his whole college career,” he said, after attending Reddick’s introductory press conference. “We went as far as to look specifically at his individual tape from the Senior Bowl, where they’re just doing individual off-the-ball linebacker drills and he moves like a guy that’s been playing the position for awhile not a guy that just went in and started doing it for the Senior Bowl.”Playing for the North, Reddick recorded a game-high-tying nine tackles, three of them solo. And of the nine tackles, five were made in coverage, including a pair in which Reddick was one-on-one with the running back or tight end.“There’s one particular snap from the Senior Bowl that sticks in my mind,” Bettcher said. “The back stems out of the backfield. (Reddick) closes. His technique is not great, but his stop-and-start ability—he makes up (the distance) and covers him and breaks on the ball and breaks (the pass) up. Right then and there, you can tell he has the explosion in the hips to cover guys. Just from a technique standpoint, those are things—that’s our job to help him get better at.” Grace expects Greinke trade to have emotional impact Well, for starters, he had an incredible senior season highlighted by 22.5 tackles for loss, 10.5 sacks and an interception. As a defensive end.All those accomplishments, though, had him pegged as a mid-to-late round prospect.How did Reddick improve his draft stock to the point where the commissioner was announcing his name as the Cardinals selection with the 13th overall pick?Easy. The Senior Bowl.“Before I went into the Senior Bowl I felt I was still a little under the radar,” he said, adding about the position switch to linebacker made in front of NFL personnel, “I think playing off-ball backer a lot of people opened their eyes and were like ‘Who is this kid? A kid who played defensive end underweight in college and now he comes to the Senior Bowl and plays off-ball backer and he looks natural at it.’ I think it made a lot of people go back and watch my senior season and that’s when they understood that OK this is a kid who is very versatile, athletic, can play off-ball backer and rush. So after the Senior Bowl I think my stock rose and it went from there.”It sure did. A lot.NFL Network’s Mike Mayock named Reddick the “player who made the most money” during the week of practice. Reddick also excelled at the NFL Scouting Combine, further solidifying his status among the top draft-eligible prospects. The Cardinals had the 6-foot-1, 234-pound Reddick ranked in their top-5 of best available players.And it can all be traced back, in large part, to a week spent in Mobile, Alabama.“Each day I just try to get better and better and that’s what happened (at the Senior Bowl),” Reddick said. “By the time I left I felt good. I felt like I gave it my all and the best came out of it.”Follow Craig Grialou on Twitterlast_img read more