Index Reveals a Rise In Foreclosure Activity

first_imgHome / Daily Dose / Index Reveals a Rise In Foreclosure Activity About Author: Brianna Gilpin Index Reveals a Rise In Foreclosure Activity Tagged with: Bankruptcy Consumer Confidence Foreclosure Bankruptcy Consumer Confidence Foreclosure 2017-09-11 Brianna Gilpin Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Related Articles Servicers Navigate the Post-Pandemic World 2 days ago September 11, 2017 3,172 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Previous: Foreclosure Proceedings Limited Next: Over Half of Top 100 Metros at New Highs The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe in Daily Dose, Featured, Foreclosure, News Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago A monthly report that covers bankruptcy, foreclosure, consumer confidence, and other data was released Thursday revealing that foreclosures are increasing—and bankruptcies could be close behind.LegalShield, a provider of legal safeguards and identity theft solutions, released its LegalShield Law Index that uses five indices: the LegalShield Consumer Financial Stress Index, Bankruptcy Index, Housing Activity Index, Foreclosure Index, and Real Estate Index. The indices rely on LegalShield’s unique and proprietary database of member demand for and usage of legal services as well as a close tracking of the Consumer Confidence Index by The Conference Board, Housing Starts report by the Census Bureau, and Foreclosure Starts by the MBA.In its Foreclosure Index, foreclosures worsened, which is reflected in a 5.1 point rise to 63.8 in August, even though foreclosures remain down nearly 5 percent year-over-year. LegalShield said if debts such as student loan, credit card, and auto increase, bankruptcies could also be on the rise, mainly due to consumer financial health being weighed down.”While confidence remains an important economic indicator, our data suggest that confidence is inflated right now,” said James Rosseau, LegalShield’s Chief Commercial Officer. “Decision makers who rely heavily on confidence measures in forecasting consumer spending may be disappointed.”Rosseau said the inflated confidence is due to what they believe is stubborn optimism. Though consumers have reason to be assured about the economy, and LegalShield hopes for continued economic strength, their data has worsened in recent months.“In light of these developments, we want to make decision makers aware that consumer spending will likely continue to fall short of the levels implied by consumer confidence,” Rosseau said. “In short, the consumer picture is pretty good, but not gangbusters.”LegalShield publishes the Law Index on the sixth business day each month. To read the full report, click here. Share Save  Print This Postlast_img read more

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The electric field response to the growth phase and expansion phase onset of a small isolated substorm

first_imgWe capitalise on the very large field of view of the Halley HF radar to provide a comprehensive description of the electric field response to the substorm growth phase and expansion phase onset of a relatively simple isolated substorm (|AL| 12 h) of magnetic quiescence, such that prior to the start of the growth phase, the apparent latitudinal motion of the radar backscatter returns is consistent with the variation in latitude of the quiet-time auroral oval with magnetic local time. The growth phase is characterised by an increasing, superimposed equatorward motion of the equatorward edge of the radar backscatter as the auroral oval expands. Within this backscatter region, there is a poleward gradient in the Doppler spectral width, which we believe to correspond to latitudinal structure in auroral emissions and magnetospheric precipitation. During the growth phase the ionospheric convection is dominated by a relatively smooth largescale flow pattern consistent with the expanding DP2 (convection) auroral electrojets. Immediately prior to substorm onset the ionospheric convection observed by the radar in the midnight sector has a predominantly equatorward flow component. At substorm onset a dramatic change occurs and a poleward flow component prevails. The timing and location are quite remarkable. The timing of the flow change is within one minute of the dispersionless injection observed at geostationary orbit and the Pi2 magnetic signature on the ground. The location shows that this sudden change in flow is due to the effect of the upward field aligned current of the substorm current wedge imposed directly within the Halley radar field of view.last_img read more

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Senegal’s Lamine Sane suspended by Bordeaux

first_imgSenegal international defender Lamine Sane has been suspended indefinitely by his club Bordeaux, along with goalkeeper Jerome Prior.Bordeaux said they took the action because of a “serious incident” after their 4-3 extra-time loss to Nantes in their French Cup tie on Wednesday.The French club added they “would make no further comment on the matter”.Sane joined Bordeaux in 2009 but sought a transfer in January and the ban could now end his career with the club.–Follow Joy Sports on Twitter: @JoySportsGH. Our hashtag is #JoySportslast_img read more

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