LimerickNewsCampaign for Limerick cold case unit will continueBy Editor – December 19, 2019 445 RELATED ARTICLESMORE FROM AUTHOR Email Predictions on the future of learning discussed at Limerick Lifelong Learning Festival WhatsApp Twitter Print Donal Ryan names Limerick Ladies Football team for League opener WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Facebook Advertisement Linkedin TAGSKeeping Limerick PostedlimerickLimerick Post Limerick Ladies National Football League opener to be streamed live 12/12/2019. The Garda Commissioner Drew Harris arrives at Limerick City Hall meets the press before addressing the meeting of the Limerick Joint Policing Committee. Photograph Liam Burke/Press 22THE aunt of a Limerick man shot dead seven years ago will continue to press for a local Garda cold case unit to investigate unsolved murders in Limerick, despite Garda Commissioner Drew Harris rejecting the proposal earlier this week.Caroline Power of Justice and Truth, a group of families whose loved ones were murdered and no one charged over the killings, has sought a fresh investigation into the murder of her nephew, Robert Sheehan.Sign up for the weekly Limerick Post newsletter Sign Up The 21 year old Moyross man was gunned down at his brother’s wedding in the Bunratty Castle Hotel on September 2, 2012. It’s understood he was shot as reprisal for stabbing another man.Speaking to reporters before addressing Limerick’s Joint Policing Committee last Thursday, Commissioner Harris said: “A cold case unit would in effect be a national resource. So, I think, what we would wish to do is a local review, what’s known as a peer review, and then look toward a serious case review.”“Following work we have conducted with the Policing Authority, that’s a route that we intend to take, in terms of a serious case review, and indeed then obviously cases here from Limerick would be engaged in that too,” Commissioner Harris explained.A Garda peer review of the 2007 investigation into the murder of innocent teenager, Jeffrey Hannan, has been ongoing since last July. It is expected to reach a conclusion in the new year.Reacting to Commissioner Harris’ comments, Ms Power said she was disappointed that a representative from the Justice and Truth group had not been invited to attend last Thursday’s JPC meeting.“To me, it’s leaving things as they are.“Politicians should have asked a representative to attend the meeting and to explain to the Commissioner why we are asking for a cold case. The Commissioner should have heard from a mother or a father of the victims.“We are not going to stop until we get answers. Yes, definitely a local Garda cold case unit should be set up.”Ms Power called for the investigation into her nephew’s murder to be examined by “fresh eyes”.Sinn Fein Councillor, John Costelloe, who is a member of the Joint Policing Committee said: “If the group wants to meet me, we could try and set up a meeting with senior Gardaí.“There is a cold case unit in Dublin but we need a more localised one.Fianna Fáil TD Willie O’Dea has backed Ms Power’s call, and joined the group in a march in the city last September.“In many of the cases, it’s common knowledge who actually did the crime, but unfortunately the Gardaí don’t seem to be able to get sufficient evidence to successfully prosecute them. I will be talking to the Gardaí at a high level and I’ll be suggesting they establish a cold case unit here to follow up these crimes. It’s the least these families deserve,” Deputy O’Dea said after the march.A Garda spokesman said it “will take some time” to compile a list of the number of unsolved murders in the Limerick Garda Division.“A report has been sought in relation to all murder investigations in Limerick,” he added. Previous articlePallas announces €2.5 million investment in Newcastle WestNext articleBody found in search for missing Limerick man Editor Limerick’s National Camogie League double header to be streamed live
Report: FHA Must Reduce Share of High-Risk Loans Tagged with: FHA FHA Loans high risk loans Data Provider Black Knight to Acquire Top of Mind 2 days ago In a briefing on FHA loans, the AEI Housing Center said the agency needs to work to reduce its share of high-risk loans and do more to help build the supply of affordable housing.Edward Pinto of AEI said while the GSEs have worked to de-risk in recent years, the FHA is “picking up the slack,” which is leading to an unsustainable home-price appreciation gap. The report found that the mortgage risk index (MRI) for FHA loans in the low-price tier was 28.9% in September 2018. That fell marginally to 27.3% in September 2019. The agency said high-risk loans have an MRI of more than 12%. Additionally, the FHA has 47% of high-risk loans in the entry-level tier—a place where the agency does 80% of its business. Pinto said that while the GSEs are moving in the right direction as the housing boom enters its 9th year, they’re actions alone are not enough to impact home-price appreciation. The small change is also impacted by the FHA taking on more high-risk loans. Pinto added that the FHA must not only work to de-risk but reduce the number on entry-level loans and work to promote affordable housing options. Home-price appreciation remained in line for most of the 1990s but began to veer off course during the early 2000s. The gap between home-price growth results in the Great Recession that began in 2007 and ended in 2011 once home prices corrected, falling below wage growth. However, a similar trend of separation began in 2015 and home-price appreciation is one again distancing itself from wage growth. CoreLogic’s latest Home Price Index found home prices rose 3.7% annually in November 2019 and are expected to increase by 5.3% by November 2020. However, the Bureau of Labor Statistics’ most recent report, released on January 10, revealed average earnings rose just 2.9% over the past year and increased 3 cents month-to-month to $28.32.Among the reasons for the continual rise in price is the tightened supply, as the industry sits at the supply of around 2-2.5 months. Tobias Peters noted several policies—from both the FHA and GSEs—that he called “pro-cyclical,” causing a further imbalance of supply and demand. “All these policies have in common is they stimulate demand against supply,” Peters said. Additionally, the AEI report found that FHA loans have a Mortgage Default Risk of 31% as of September 2019. Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago FHA FHA Loans high risk loans 2020-01-15 Mike Albanese Share Save Print This Post Home / Daily Dose / Report: FHA Must Reduce Share of High-Risk Loans in Daily Dose, Featured, Government, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago January 15, 2020 830 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: Streamlining the Uniform Mortgage-Backed Security Next: FHFA Appoints CSS Chairman Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Related Articles Sign up for DS News Daily Subscribe About Author: Mike Albanese Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago
Brentford have signed teenage midfielder Josh Ekim on a one-year contract following a successful trial.Ekim, a 19-year-old of Turkish-Cypriot descent, was previously on Tottenham’s books and has joined from the Nike Academy.He featured for Brentford’s development squad in four recent matches and impressed enough to be offered a deal at Griffin Park.AdChoices广告After leaving Spurs in January 2010, he had a spell with Turkish club Trabzonspor before returning to England.Ekim then linked up with the Nike Academy, which is a team based at Loughborough University that seeks to offer youngsters a way into – or in some cases back into – the professional game.