General World News

French Fashion Designer Thierry Mugler Dies Aged 73

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French designer Thierry Mugler, who reigned over fashion in the 1980s and died on Sunday, was as famous for his fantastical couture as for his blockbuster fashion shows. He was 73. Mugler’s daring collections came to define the decade’s power dressing, with his clothes noted for their structured and sophisticated silhouettes, showcased by his extravagant […]

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UNESCO Lists Viking-Era Wooden Sailboats on Heritage List 

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For thousands of years, wooden sailboats allowed the peoples of Northern Europe to spread trade, influence and sometimes war across seas and continents. In December, the U.N.’s culture agency added Nordic “clinker boats” to its list of traditions that represent the Intangible Cultural Heritage of Humanity. Denmark, Finland, Iceland, Norway and Sweden jointly sought the […]

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New Approach to Teaching Race in School Divides New Mexico 

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A proposal to overhaul New Mexico’s social studies standards has stirred debate over how race should be taught in schools, with thousands of parents and teachers weighing in on changes that would dramatically increase instruction related to racial and social identity beginning in kindergarten.  The revisions in the state are ambitious. New Mexico officials say […]

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Climate, COVID, China: Takeaways from Online Davos Event 

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Government and business leaders have urged cooperation on the world’s biggest issues — climate change, the coronavirus pandemic and the economic recovery — at the World Economic Forum’s virtual gathering.  Speeches and discussions from the likes of Chinese President Xi Jinping and U.N. Secretary-General Antonio Guterres moved online this week after COVID-19 concerns delayed the […]

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Flagstar to pay $3.6M over flood insurance violations

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The Office of the Comptroller of the Currency (OCC) issued a consent order against Michigan-based Flagstar Bank that levies a $3.62 million civil penalty over violations of the Flood Disaster Protection Act,the regulator said on Thursday. The consent order states that between a three-year period – from February 2017 through February 2020 – the bank’s […]

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The emerging ESG market is a diamond in the rough

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When the terms “green” or “ESG” are broached in polite company, eyes have a tendency to roll. It’s natural for the mind to wander toward a parade of green branding campaigns that may be aspirational in messaging but rarely result in measurable climate-friendly or socially sustainable solutions in practice. Still, hidden among all that greenwashed […]

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U.S. Departments of Homeland Security and Education Release Toolkit of Federal Resources to Help Rebuild Puerto Rico’s School Infrastructure

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Today, the Department of Homeland Security’s (DHS) Federal Emergency Management Agency (FEMA), and the U.S. Department of Education released a toolkit outlining federal resources available to help Puerto Rico recover and rebuild safe, healthy, and modernized school facilities. The Departments of Energy and Labor, as well as the Environmental Protection Agency, also collaborated on the […]

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Brazilian Samba Singer Elza Soares Dies at 91

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Elza Soares, one of the most revered singers in Brazilian samba music, died at her home in Rio de Janeiro on Thursday, aged 91. She died of natural causes, her press representative said in a statement. “An icon of Brazilian music, considered one of the best artists in the world, the singer chosen as Voice […]

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FACT SHEET: In One Year of the Biden-Harris Administration, the U.S. Department of Education Has Helped Schools Safely Reopen and Meet Students’ Needs

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On Jan. 20, 2021,less than half of K-12 students were learning in person. Today, one year since the start of the Biden-Harris Administration, nearly all students are back in school and learning in person with caring teachers and alongside their peers. Across the country, schools are putting in place new programs and supports to address […]

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Mortgage rates have eclipsed 3.5%

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The average 30-year-fixed rate mortgage climbed to 3.56% during the week ending Jan. 20, rising from 3.45% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.77%. Most economists believe they’ll continue to climb in the weeks and months ahead. “Mortgage rates moved up again as […]

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Biden-Harris Administration Takes Actions to Support Students’ Basic Needs and Mitigate the Spread of COVID-19 at Colleges and Universities

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Today, the U.S. Department of Education (Department) announced more resources for students and institutions to help reduce barriers to success in higher education, particularly those created and exacerbated by the COVID-19 pandemic—including the Omicron variant. details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: Website of U.S. Department of Education

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French Actor Gaspard Ulliel, 37, Dies After Ski Accident

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French actor Gaspard Ulliel, known for appearing in Chanel perfume ads as well as film and television roles, died Wednesday after a skiing accident in the Alps, according to his agent’s office. He was 37. Ulliel portrayed the young Hannibal Lecter in 2007’s “Hannibal Rising” and fashion mogul Yves Saint Laurent in the 2014 biopic […]

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Vishal Garg, CEO of Better.com, is back

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Better.com CEO Vishal Garg ” data-medium-file=”https://www.housingwire.com/wp-content/uploads/2021/11/HW-vishal-garg.png?w=300″ data-large-file=”https://www.housingwire.com/wp-content/uploads/2021/11/HW-vishal-garg.png?w=1024″ loading=”lazy” width=”1200″ height=”726″ src=”https://www.housingwire.com/wp-content/uploads/2021/11/HW-vishal-garg.png?w=1024″ alt=”HW+ vishal garg” class=”wp-image-330967″ srcset=”https://www.housingwire.com/wp-content/uploads/2021/11/HW-vishal-garg.png 1200w, https://www.housingwire.com/wp-content/uploads/2021/11/HW-vishal-garg.png?resize=150,91 150w, https://www.housingwire.com/wp-content/uploads/2021/11/HW-vishal-garg.png?resize=300,182 300w, https://www.housingwire.com/wp-content/uploads/2021/11/HW-vishal-garg.png?resize=768,465 768w, https://www.housingwire.com/wp-content/uploads/2021/11/HW-vishal-garg.png?resize=1024,620 1024w, https://www.housingwire.com/wp-content/uploads/2021/11/HW-vishal-garg.png?resize=600,363 600w” sizes=”(max-width: 1200px) 100vw, 1200px”>Better.com CEO Vishal Garg Vishal Garg, the CEO of Better.com, is making a comeback, just one month after being forced to take administrative leave for […]

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Mortgage apps up 2.3% with new record average loan size

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Mortgage applications increased 2.3% from the previous week, largely due to a strong purchase market, according to the Mortgage Bankers Association (MBA) survey for the week ending Jan. 14. The seasonally adjusted Purchase Index rose 7.9% from the previous week, while the Refinance Index decreased 3.1% in the same period. Compared to the same week one year […]

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Africa Cup of Nations (AFCON) – Day 7 and 8

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Saturday 01/15/22 Nigeria vs Sudan | 3-1 Guinea Bissau vs Egypt | 0-1 Sunday 01/16/22 Gambia vs Mali | 1-1 Tunisia vs Mauritania |4-0 Ivory Coast vs Sierra Leone | 2-2 Algeria vs Equatorial Guinea | 0-1   details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com

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Forbearance rate drops below 1.5%

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Servicers’ forbearance portfolio volume dropped in December to a level below 1.5% for the first time in 18 months. The total number of loans in forbearance decreased by 26 basis points, to 1.41% in December from 1.67% in November, according to the Mortgage Bankers Association (MBA). The most notable decline was in the portfolio loans […]

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Milo launches a crypto mortgage product

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Milo, a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets. And the company claims that there is already a waitlist for the product. According to Milo’s press release, clients who use the company’s services can pledge their Bitcoin to purchase a property. The company notes that this way, homebuyers […]

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U.S. Department of Education Announces Distribution of All American Rescue Plan ESSER Funds and Approval of All 52 State Education Agency Plans

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Today, the U.S. Department of Education (Department) announced that every state education agency (SEA) received approval of their American Rescue Plan Elementary and Secondary School Emergency Relief (ARP ESSER) plan before the end of December 2021. As a result, the Department has distributed all $122 billion of ARP ESSER funds to all 50 states, the […]

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The AP Interview: Exiled Artist Ai Weiwei on Beijing Games

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Ai Weiwei is one of China’s most famous artists, and many regard him as one of the world’s greatest living ones. Working with the Swiss architectural firm Herzog & de Meuron, he helped design the Bird’s Nest Stadium, the centerpiece of Beijing’s 2008 Summer Olympics.  The stadium in northern Beijing, instantly recognizable for its weave […]

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No Vaccine, No French Open for Djokovic as Rules Tighten

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Novak Djokovic risks being frozen out of tennis as he chases a record 21st Grand Slam title, with rules on travelers who are unvaccinated against COVID-19 tightening in the third year of the pandemic and some tournaments reconsidering exemptions.  The Serbian, who has not been vaccinated, was deported from Australia on Sunday ahead of the […]

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Africa Cup of Nations – Day 6

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Africa Cup of Nations – Day 6 – 01/14/22 Senegal vs Guinea | 0-0 Malawi vs Zimbabwe | 2-1 Morocco vs Comoros | 2-0 Gabon vs Ghana | 1-1   details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com

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Non-QM lenders hunt for LOs as consumer-direct model falters

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While layoffs sweep the mortgage industry, particularly consumer-direct lenders, non-qualified mortgage (non-QM) lenders are going on a hiring spree. Non-QM lenders Angel Oak Mortgage, Acra Lending and Newfi alone currently have at least 130 openings on jobs listings sites. According to Evan Kidwell, chief operating officer at Griffin Funding, a consumer-direct lender that launched non-QM […]