Share in Data, Government, Origination, Secondary Market, Servicing Agents & Brokers Attorneys & Title Companies Homebuilders Housing Starts Investors Lenders & Servicers National Association of Home Builders Processing Service Providers 2013-09-05 Krista Franks Brock September 5, 2013 421 Views NAHB: Lot Shortages Holding Back Recovery As the market trudges toward recovery, housing starts remain depressed due to a shortage of vacant lots, according to the “”National Association of Home Builders””:http://www.nahb.org/default.aspx (NAHB).[IMAGE]Housing starts reached an annual rate of 900,000 in the latest Census data, which while up from a low of 550,000 in 2009, is still below the historical average of 1.5 million maintained from 1960 to 2000. “”Lot shortages are one of several barriers that have arisen, restraining builders from responding completely to increased demand,”” said David Crowe, chief economist for NAHB. In an “”August survey,””:http://www.nahb.org/news_details.aspx?newsID=16444 the NAHB found that 59 percent of builders say the supply of lots in their area is either “”low”” [COLUMN_BREAK]or “”very low.”” The 59 percent marks a high for the monthly survey, which began in 1997. “”One reason is that many residential developers left the industry, abandoned certain markets or simply stopped buying land and developing lots during the downturn,”” Crowe said. A minority, about 14 percent of builders, said there is a “”high”” or “”very high”” supply of lots in their area, according to the NAHB survey. The shortage of lots is apparently greater among more desirable lots, according to survey results. Thirty-four percent of survey respondents said the supply of the most desirable lots is “”very low,”” while only 12 percent of respondents said the least desirable lots are in “”very low”” supply. These lot shortages translate to higher prices, which are passed on to homebuyers, according to NAHB. “”There is still a substantial pent-up demand for housing waiting to be unleashed as the overall economy and labor situation improves,”” Crowe said. However, lot shortages, along with other obstacles, including “”a shortage of labor in carpentry and other key building trades, limited availability of loans even for credit worthy home builders and home buyers; and, more recently, an uptick in interest rates,”” may deter some momentum in the housing recovery for the time being, according to NAHB.
New,NewOak Executive Returns to Lead Business Development in Data, Government, Origination, Secondary Market, Servicing Agents & Brokers Attorneys & Title Companies Investors Lenders & Servicers Movers & Shakers Processing Service Providers 2014-01-03 Carrie Bay January 3, 2014 469 Views “”NewOak””:http://newoak.com/ announced the appointment of Neil McPherson as head of business development. [IMAGE]McPherson, who was part of the original business development team when NewOak launched in 2008, returns to the firm with responsibility for coordinating NewOak’s client development efforts across all its business lines: valuation and risk advisory, litigation consulting and dispute resolution, mortgage credit services, and financial technology solutions.””We are very fortunate to have Neil rejoin us,”” said NewOak CEO Ron D’Vari. “”Neil is a true veteran of the markets and understands financial institutions’ needs and[COLUMN_BREAK]the highly technical services NewOak offers to support them.””James Frischling, NewOak’s president, added that it is “”a tremendous compliment to both Neil and the NewOak platform”” to welcome one of the firm’s original team members back to the fold. “”Who says you can’t go home again?”” Frischling said.Following his first stint at NewOak, McPherson joined Markit in 2009 as managing director and global head of structured finance. While at Markit, he launched a pricing service for the buy side of the securities market and later led the company’s index licensing business for cash and synthetics.””I wanted to get back to a role where I was out of the office seeing and serving clients again, which is part of my DNA,”” McPherson said. “”NewOak has come a long way in the past five years. … I’m excited to be back with my former teammates and … drive our expansion.””Prior to NewOak, McPherson was a managing director in fixed income syndicate for ABN AMRO in New York from 2005 to 2008. Prior to that, he spent 12 years at Credit Suisse First Boston where he served as managing director and head of ABS/CDO research. He started at Credit Suisse First Boston as a software developer and subsequently spent four years in MBS bond sales. Share
March 31, 2016 524 Views in Daily Dose, Government, Headlines, News The Fannie Mae and Freddie Mac reform has been talked about in the industry since they were placed under conservatorship eight years ago after a massive taxpayer-funded bailout.In a recent essay published by the Urban Institute, former Vice Chairman and CFO of Fannie Mae, Tim Howard, explains that the GSE reform should be based on “fixing what works” in order to avoid yet another crisis.”Serious proposals for housing finance reform must have clearly defined objectives against which they can be evaluated, and must be derived from a clear-eyed analysis of the causes of the previous crisis so that by addressing and fixing those causes we minimize the chance of a similar crisis happening again,” Howard wrote.”When invented narrative is replaced with verifiable fact, Fannie and Freddie cease to be a “failed business model” which must be wound down and replaced; they instead become valuable resources that must be built upon and improved.” -Tim HowardHoward’s proposed reform plan aims to create a capital markets-based secondary market mechanism that will be capable of financing at least $1 trillion of 30-year fixed-rate mortgages each year at an affordable rate for homebuyers with an agreed-upon standard of taxpayer protection.”The emphasis on homebuyer cost is deliberate,” Howard noted. “Low-, moderate-, and medium-income homebuyers suffered the most during the 2008 crisis and received no significant relief from the government. These same families have seen little growth in their incomes during the recovery, so it should be a policy priority to provide them with the greatest possible access to mortgage credit at the lowest possible cost.”Howard’s 5 Ways to Approach to GSE Reform:1. Relationship with the governmentExperts generally agree that the role of the government in the charters of Fannie and Freddie is too ambiguous, and that the balance of benefits tilts too far in the direction of the companies. Moving to a “utility model,” with limited returns and a more focused business purpose, addresses both issues. In the model I propose, Fannie and Freddie would remain shareholder-owned but would agree to accept (1) a cap on the average return they could target in their guaranty fee pricing (I suggest 10 percent after-tax), (2) restrictions on the size and use of their portfolios (limited to 10 percent of outstanding credit guarantees and to purposes ancillary to the guaranty business), and (3) standards for minimum and risk-based capital determined by administration policymakers with percentages set and imposed by FHFA. In an “exchange for consideration,” the government would commit to provide temporary support to the companies should their capital ever prove insufficient (which by design would be highly unlikely).2. CapitalThere is a proven way to set capital standards for a company that deals in a single, homogenous asset type: require that company to hold enough capital to withstand a defined, worst-case stress scenario. In my proposal, administration policymakers would pick that scenario. I recommend that they require Fannie and Freddie to hold sufficient capital to survive a 25 percent nationwide decline in home prices over five years. Even though such a price decline did happen between 2006 and 2011, both major factors that precipitated it—very risky mortgage types like no-documentation loans or interest-only ARMs with teaser rates now prohibited by the Consumer Financial Protection Bureau (CFPB) and the dominance of a financing method, private-label securitization, that placed few limits on the risks of the mortgages it accepted—will be absent in the future, making the chance of a repeat of the previous episode vanishingly small.3. RegulationAfter a stress standard for the companies has been chosen, FHFA will need to analyze Fannie and Freddie’s credit performance during the prior housing market collapse to determine the percentage of minimum capital—for the types and characteristics of loans the companies are permitted to acquire today—that would allow them to comfortably withstand that stress. FHFA would use that same data to determine the stress capital percentages by product type and risk category used to calculate required risk-based capital.4. Affordable HousingFannie and Freddie’s role in supporting affordable housing is limited by the fact that they only can purchase or guarantee the loans lenders originate. Despite this, FHFA should set affordable housing goals for the companies. FHFA also should have the power to impose penalties for failing to meet those goals, but only if the percentage of affordable business Fannie or Freddie does fall short of the percentage originated by lenders that year.5. Implementation The above changes could be effectuated through administrative action, as were the 2008 Preferred Stock Purchase Agreement and its amendments. With the written consent of the boards of directors of Fannie and Freddie, FHFA as conservator would make binding commitments on behalf of the companies, and Treasury and FHFA would make binding commitments on behalf of the government.Click here to view the full essay. Share Fannie Mae Freddie Mac GSE Reform 2016-03-31 Staff Writer Improving What Works: 5 Ways to Reform the GSEs
May 5, 2016 481 Views Education’s Influential Role in Home Purchase Decisions in Daily Dose, Data, Featured, Headlines, News, Origination The progression of homeownership across the U.S. is declining and educational attainment is a leading factor in the direction of these numbers.First American Financial Corporation’s Homeownership Progress Index released Thursday determined that the falling homeownership progress in the U.S. shares a special correlation with education levels of consumers.According to the report, the index declined 1.8 percent year-over-year, and is down 7.6 percent from the peak in 2005. In addition,the index is currently just 0.4 percent above the 25-year low point set in 1995.”Homeownership’s year-over-year decline in 2015 is no longer a story of economics and a housing crisis correcting the excesses of the mid-aughts. Tectonic demographic shifts taking place as the economy transitions from Baby Boomers to Millennials are causing homeownership rates to transition, too,” said Mark Fleming, Chief Economist at First American. “Increasing educational attainment levels will improve the prospect of achieving the American Dream in the long-run, but the timing of important lifestyle decisions will have significant impact on homeownership in the near term.”According to the report, people with higher education levels are more likely to earn higher incomes and own homes. First American ultimately determined that educational attainment and income level are key to homeownership.Households in which at least one member has a bachelor’s degree has increased 24 percent since 1991, and is expected to increase further as millennials graduate from college and enter the workforce, the report said. In 1990, the difference in homeownership rates among those without a high school degree versus those with a bachelor’s degree or higher was 15 percent. In 2015, however, educational homeownership gap has almost doubled to 28 percent. In addition, there is a 40 percent difference in the homeownership rate between those in the lowest income bracket versus those in the highest.”It is no accident that the states and markets with growing educational attainment rates are also often the same places with significant improvements in homeownership levels,” Fleming said. “Education is, as never before, a key to accessing the dream of eventually owning a home.”Fleming continued, “Homeownership is one of the most important tools for wealth creation, and the single largest source of wealth for most low-and middle-income Americans. The homeownership gap is widening by educational attainment level. Education is increasingly important to achieving the American Dream of homeownership, as home prices rise and qualifying for a mortgage in most cases requires good credit and consistent documented income. The good news is that educational attainment levels are improving nationally, so we are on the right track.” American Dream Education First American Financial Corporation Homwownership 2016-05-05 Staff Writer Share
Share in Daily Dose, Data, Headlines, News Appraisers Home Values homeowners Quicken Loans 2016-05-10 Staff Writer Varying Opinions on the Home Valuation Front May 10, 2016 575 Views What homeowners think their houses are worth and what they’re actually worth are slightly off nationally, but the gap between owner estimates and real appraisals did close a little in April, according to the latest Home Price Perception Index from Quicken Loans.Although owners are still overvaluing their homes, they are getting closer to appraised opinions. The index, which is based on Quicken Loans’ application and appraisal data, showed that appraiser valuations were 1.95 percent lower than what homeowners estimated in April.Since March, the gap between the two values has narrowed from when appraisals were 2.17 percent lower than homeowner expectations. The HPPI has experienced some slight fluctuations but has spent most of the last year around the -2 percent mark.“The HPPI is in a healthy trend, nationally,” said Quicken Loans Chief Economist Bob Walters. “While everyone wants their appraisal’s to come back showing more equity than anticipated, like some homeowners in the West, the discrepancy we are seeing now won’t likely derail a mortgage transaction.”Mid-2013 and 2015 was the only time since 2007 that appraisers valued homes more than homeowners. This rare occasion ended at the start of 2015 and homeowner opinions continued to increase through mid-2015, up until it reversed directions and headed toward an equilibrium point between homeowners and appraisers.Home values fell month-over-month by 0.66 percent since March, but increased year-over-year by 3.79 percent according to Quicken Loans’ national Home Value Index (HVI).“The steady annual increase in home values shows sustainable growth and an improving economy,” said Walters. “We always look for gains to be similar to inflationary growth while avoiding the hikes that could lead to bubble fears. We are currently in that range, which should come as a more comforting sign to many homeowners.”
Share Where Student Loan Repayment is Easiest for Young Homebuyers May 1, 2017 769 Views in Daily Dose, Headlines, News, Origination Student loans are a heavy burden on young adults, and some may find it hard to buy a home with that weight hanging over them. A report from Lendedu attempted to ease this burden with a ranking of U.S. cities where student loan repayment is easiest.The New York Fed noted that student loan debt has begun to level off, though still remain at a high level. Payment progress is particularly slow for those who borrowed more. Despite the debt, The New York Fed still found that those with higher degrees are still more likely to become homeowners than those without. The gap grows even more with age.These new homeowners may find it easiest to buy a home in Mount Sterling, Illinois, which sits at the top of Lendedu’s list of almost 500 cities in the U.S. where paying off student loans is easiest. Factors included median income wage, number of student loan accounts, number of delinquent accounts, number of defaulted student loan accounts, and the average monthly student loan payment total of the student loan accounts within each city. Another city in Illinois, Milan, sits at the top of Lendedu’s list of cities that have the hardest time with student loan repayment.In addition to cost of housing, other actors such as local tax rates, general cost of living, and access to well-paying jobs play a role in determining how quickly a former student may be able to pay off their student loans.Though many of these millennial homebuyers may be renting while they are in college, the better option may be homebuying. Many first-time homebuyers, particularly millennials, have found that owning a home has a more positive impact on their finances than renting, according to a report form Bank of America. Homebuyers Millennials Student Loans 2017-05-01 Seth Welborn
Breaking Down Homeownership Obstacles in Daily Dose, Data, Featured, Headlines, journal, News As home prices rise and tight inventory continues, the current market has made it more challenging for American’s to reach their goals of homeownership, especially for low-to-median-income borrowers and first-time homebuyers.According to the Urban Institute’s Housing Finance Policy Center, there are three significant barriers to homeownership: saving for a down payment, accessing mortgage credit, and housing affordability.In a recent report, Urban Institute breaks down these barriers, reporting data on the latest market trends of these obstacles.One of the biggest barriers are consumers thinking they need to put more down than lenders actually require. According to the report, results show that 53 percent of renters cite saving for a down payment as an obstacle to homeownership.Meanwhile, 80 percent of consumers are unaware of how much lenders require for a down payment or believe all lenders require a down payment above 5 percent. Additionally, 15 percent assume that lenders require a 20 percent down payment, and 30 percent believe lenders expect a 20 percent down payment.Contrary to popular belief, borrowers are not putting down 20 percent. The report notes that the national median loan-to-value (LTV) ratio is 93 percent. With entities such as the Federal Housing Administration (FHA) and U.S. Department of Veterans Affairs (VA) offering lower down payment options than the GSEs, from 0 to 3.5 percent.Although the challenging path to homeownership isn’t based on downpayment alone—credit access is historically tight, especially in during the post-crisis period. Currently, the media credit score of a new purchase mortgage origination is 779, compared with pre-crisis media of 692.National home price affordability has declined due to the growing home price appreciation, and for a mortgage with 20 percent down, mortgage payments would make up 22 percent of the median borrower’s income.According to Urban Institute, if interest rates reach 4.75 percent, national affordability will return to historical average affordability.To view the full report, click here. Data Downpayments HOUSING mortgage Urban Institute 2017-11-17 Nicole Casperson Share November 17, 2017 634 Views
Foreign Investments and the U.S. Housing Market Home Prices homes HOUSING Inventory Investment NAR 2018-07-28 Radhika Ojha in Daily Dose, Data, Featured, News The effects of rising home prices and low inventory in the U.S. housing market are not only being felt domestically. The National Association of Realtors’ (NAR’s) annual “Profile of International Transactions in U.S. Residential Real Estate” report found that those same nagging market conditions led to a 21 percent decline in foreign home purchases in the United States this spring, compared to a year earlier.According to the survey, foreign buyers and recent immigrants accounted for 8 percent of the $1.6 trillion existing home sales in March. That’s down from 10 percent over the 12-month period that ended March 2017.The data, however, may need a grain or two of salt. Lawrence Yun, Chief Economist at NAR, said that after a surge in 2017, the market steered closer to levels seen in 2016.“Inventory shortages continue to drive up prices and sustained job creation and historically low interest rates mean that foreign buyers are now competing with domestic residents for the same, limited supply of homes,” Yun said.Five countries accounted for half the international dollars pumped into U.S. purchases. More than half of those dollars came from China, which spent $30 billion on U.S. real estate in March, according to NAR. Canada, India, Mexico, and the United Kingdom combined spent just over $29 billion on U.S. properties.Chinese buyers purchased the most expensive properties, with a median price of $439,100, according to the report. But foreign buyers do tend to veer towards more expensive tastes. The median price for a foreign buyer was $292,400, compared to the median price for all existing homes, which was $249,300, the report stated.As is the norm, Florida and California were the states most foreign buyers bought in. Together, a third of foreign-bought properties were in these two states, the report indicated. Another 9 percent was purchased in Texas and another 10 percent between Arizona and New York.In terms of total units bought, China also led the pack at 40,400 units. Canadian investors bought 7,400 units, followed by Mexican investors, who bought 20,200. India and the U.K. Purchased about 24,000 units between them. July 28, 2018 1,002 Views Share
August 06 , 2018 PRESS RELEASEMorgan Hill, CA, & Cape Town, South Africa – Sakata Seed America announced the sale of its onion seed breeding program to Zaad Holdings Limited (‘Zaad’), a subsidiary of Zeder, effective July 27, 2018.The acquirer, Zaad, is a vertically integrated agriculture company headquartered in Cape Town, South Africa. The company has strong R&D, production and distribution systems established in continental Africa, Europe and the US. Dr. Sean Fort, the program’s breeder for over 18 years, will continue onion breeding efforts for Zaad. Sakata Seed America will maintain the right of first refusal to market the acquired commercial onion genetics in their existing territories. “We are excited about the partnership to market these genetics globally,” says John Nelson, Vice-president of Sakata Seed America. “Zaad has an outstanding reputation and capabilities that will enable them to expand production and supply channels in the onion market.”Zaad will continue to advance innovation and introduce quality new genetics to the market through the established breeding program, spearheaded by Dr. Sean Fort, and will supply the program’s seed moving forward.“We at Zaad look forward to continuing to expand the genetics of this program. In addition, we are pleased about our new marketing partnership with Sakata, which is a win-win for both companies,” said Antonie Jacobs, CEO of Zaad Holdings.Further terms of the deal have not been disclosed at this time.About Zaad Holdings LTD: Zaad operates in the specialized agri-inputs industry and currently owns, develops, imports and distributes a broad range of agri seeds in Africa, Europe and other international markets. Its portfolio, product and geographic mix have been structured to mitigate agri cyclicality. Zaad further invests in numerous growth initiatives which is expected to yield positive results in the medium to long term. The specialised agri-inputs market, and in particular the seed segment, remain attractive and Zaad is well positioned to benefit from growth opportunities that it offers.About Sakata Seed America, Inc: Headquartered in Morgan Hill, CA, Sakata Seed America is a major research, seed production and marketing-distribution subsidiary of Sakata Seed Corporation, established in 1913. Sakata Seed America, which celebrated its 40th anniversary in 2017, serves as the headquarters for the North American/Central American operations. Their mission is to quickly and efficiently meet industry expectations for quality seed, innovative genetics and excellent greenhouse and field performance. You might also be interested in Sakata Seed America announces new strategic allian …
Former Cardinals kicker Phil Dawson retires For his career, Skelton has passed for 3,707 yards, 15 touchdowns and 25 interceptions. The Cardinals waived him to make room for Carson Palmer, whom they traded for Tuesday. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Derrick Hall satisfied with D-backs’ buying and selling Former Arizona Cardinals quarterback John Skelton was not out of work long, as the 25-year-old was claimed by the Cincinnati Bengals off of waivers Wednesday.Bengals announced they claimed John Skelton on waivers. So the former Cards’ QB is a Bengals’ QB and the former Bengals’ QB is the Cards’ QB— Adam Schefter (@AdamSchefter) April 3, 2013 Top Stories 0 Comments Share Grace expects Greinke trade to have emotional impact Skelton, who was Arizona’s Week 1 starter last season before going down with an ankle injury, finished the campaign with 1,132 yards, two touchdowns and nine interceptions in seven games played.
Comments Share Former Cardinals kicker Phil Dawson retires From Rosenthal:Who needs defensive stars when you turn Carson Palmer’s career around? Derrick Hall satisfied with D-backs’ buying and selling A three-time Pro Bowl selection (two of which were at defensive back), Peterson has tallied 161 total tackles along with one sack and 12 interceptions. Last season he picked off just three passes, though that could be due to the fact that teams were not apt to throw his way. If a few of NFL.com writers are correct, the Arizona Cardinals will be taking home some hardware this season.In a NFL.com piece predicting NFL award winners, Adam Schein gave a nod to Patrick Peterson for Defensive Player of the Year while Charley Casserly and Gregg Rosenthal peg Bruce Arians to be the Coach of the Year.Writes Schein:He’s on the cusp of being elite. Peterson is a blanket on star receivers and has a great knack for making plays. I pick Peterson just ahead of Earl Thomas and Lavonte David. Top Stories The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Grace expects Greinke trade to have emotional impact As for Arians, who won the Coach of the Year award in 2012 due to his work with the Indianapolis Colts, seeing his name mentioned again after he guided the Cardinals to 10 wins last season is not much of a surprise. Writes Casserly:He leads the Cardinals to the playoffs in the NFC West — the toughest division in football. The Cardinals reaching the postseason would indeed be an accomplishment worthy of fanfare, and if it happens odds are it will have something to do with Palmer’s play.At any rate, with the season set to begin in a couple weeks it is nearly time to find out how the Cardinals — and everyone else — will do.
Grace expects Greinke trade to have emotional impact The Arizona Cardinals cut quarterback Matt Barkley and have moved in a new direction by signing quarterbacks Aaron Murray and Zac Dysert to their practice squad.The Cardinals officially announced the signings Tuesday morning.Barkley signed with the Chicago Bears’ practice squad on Sunday, leaving Arizona to ink Murray, the former Kansas City Chiefs quarterback, and former Miami Dolphins signal-caller Zac Dysert to their own practice squad, reports ESPN’s Adam Schefter. Derrick Hall satisfied with D-backs’ buying and selling Former Cardinals kicker Phil Dawson retires Top Stories Murray, the 2014 fifth-round draft pick out of Georgia, went unclaimed on waivers after being cut by the Chiefs. He has never appeared in an NFL game but played four years for the Bulldogs and had his best season as a junior in 2012 when he threw for 3,893 yards, 36 touchdowns and 10 interceptions.The Cardinals are Dysert’s sixth NFL team after being a seventh-round pick by the Broncos in 2013. He played four years at Miami (Ohio) and is the career passing leader there, breaking Ben Roethlisberger’s record for total passing yards (12,013).After two years with the Broncos, Dysert has spent time on training camp rosters of the Bearsand Texans before joining the Bills’ practice squad. He received a future contract from the Dolphins in January.Barkley had appeared in four games with the Philadelphia Eagles in 2013 and 2014 after being picked in the fourth round of the 2013 draft. The Cardinals acquired him in September 2015 for a seventh-round draft pick in 2016.Along with Murray, Arizona’s practice squad roster started filling out on Sunday.After making cuts to finalize the 53-man roster, the Cardinals lost undrafted rookie safety Matthias Farley, who was picked up on the waiver wire by the Colts. Green Bay Packers linebacker Kyler Fackrell (51) closes in on Kansas City Chiefs quarterback Aaron Murray (7) during the second half of an NFL preseason football game in Kansas City, Mo., Thursday, Sept. 1, 2016. (AP Photo/Charlie Riedel) The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo However, receivers Brittan Golden and Chris Hubert plus running back Elijhaa Penny announced on social media they had accepted practice squad invites with the Cardinals. Comments Share
According to 98.7 FM Arizona’s Sports Station’s Mike Jurecki, Ellington garnered 60 percent (49) of Arizona’s snaps against Dallas, while Johnson recieved 38 percent (31). Elijhaa Penny had two snaps, and Williams received one. Grace expects Greinke trade to have emotional impact Derrick Hall satisfied with D-backs’ buying and selling Your browser does not support the audio element. 0 Comments Share Former Cardinals kicker Phil Dawson retires Arizona Cardinals’ Chris Johnson warms up during an NFL football training camp Saturday, July 29, 2017, in Glendale, Ariz. (AP Photo/Ross D. Franklin) Top Stories The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Cardinals head coach Bruce Arians attributed Johnson’s struggles against the Cowboys to the looks their defense presented.“(Dallas) was a totally different defense,” Arians said Tuesday on 98.7 FM Arizona’s Sports Station’s Bickley & Marotta. “This is a penetrating 4-3, with guys looping and their reads were a little bit different. He had some looks that looked like bounces, and they weren’t bounces. There was actually a backside cut on one (play).”After Johnson was initially cut by the Cardinals on Sept. 1, they resigned the experienced back after David Johnson was injured in Week 1.Chris Johnson, who only played in four games last season, is closing in on 10,000 rushing yards for his career. But Arians said Johnson is still getting back to game speed.“Dallas presented a totally different defense than Indy, where he could do his thing,” Arians said.But does Arians anticipate a change in the depth chart at running back for Sunday’s divisional showdown against the San Francisco 49ers?“Chris will start,” Arians said. “Andre (Ellington) will do his thing on third down, and we will just see how the game goes as far as Chris and Kerwynn.” LISTEN: Bruce Arians, Cardinals head coach Arizona Cardinals running back Chris Johnson started against the Dallas Cowboys, but did not look like the same player that stepped up against the Indianapolis Colts in Week 2.After starter Kerwynn Williams averaged just 2.4 yards per carry on 11 attempts, Johnson came in and averaged four yards a carry on 11 attempts in the first game without starting back David Johnson.But in Week 3 against Dallas, the 32-year-old Johnson touched the football 12 times, only averaging 1.4 yards per carry while gaining a total of 17 yards.
Larry Foote, inside linebackers coach of the Arizona Cardinals. (AP Photo) Based on the few player opinions available on social media, it appears the Arizona Cardinals’ hire of head coach Steve Wilks will be met with positive reviews.But with that, it’s clear Arizona’s players will have to accept wide-ranging coaching staff changes as the team transitions out of the Bruce Arians era.According to 98.7 FM Arizona’s Sports Station’s Mike Jurecki, early signs indicate that only assistant wide receivers coach Kevin Garver and inside linebackers coach Larry Foote could be retained from Arians’ staff. Garver joined the Cardinals as an offensive assistant in 2013 and was promoted to assistant wide receivers coach in February 2017.Foote has coached the Cardinals inside linebackers for the last three years. A 13-year NFL pro (2002-14), Foote played for Arizona in 2014 and led the team in tackles.After that, it appears Wilks will look outside the Cardinals’ organization to fill his staff, which he said should be filled in by the Super Bowl.NFL Network’s Ian Rapoport reports that among the assistants to be let go is defensive line coach Brenston Buckner.Wilks expected to hire his former Panthers colleague Al Holcomb as defensive coordinator, and that means the man who formerly held the title, James Bettcher, is searching for a new job.Seeing as he led one of the NFL’s best defenses and was reportedly in the running to become the Arizona head coach himself, it’s no surprise Bettcher has options on the job market. NFL Network’s Ian Rapoport reports that Bettcher will interview for the defensive coordinator jobs with the Tennessee Titans and New York Giants on Tuesday. Both teams hired new head coaches in the last week.On the other side of the ball, Harold Goodwin appears on the way out as Arizona’s offensive coordinator, and well-regarded offensive minds Mike McCoy and Darrell Bevell are among the potential candidates to take over. Darrell Bevell completed interview w/AZ. Remains in mix there. Vikings and others want to speak to him next.— Jason La Canfora (@JasonLaCanfora) January 23, 2018Goodwin has interviewed with the Cincinnati Bengals and Oakland Raiders for open offensive line coaching positions, reports AZ Central’s Kent Somers. Additionally, receivers coach Darryl Drake already joined the Pittsburgh Steelers as a wide receivers coach, according to the Pittsburgh Post-Gazette.Several of Arians’ assistants — Tom Moore (assistant head coach/offense), Tom Pratt (pass rush specialist) and Larry Zierlein (assistant offensive line coach) — are likely to retire, Jurecki reported after Arians called it a career.Confirming earlier reports, new Panthers offensive coordinator Norv Turner said on The Mighty 1090 AM in San Diego that Carolina offensive line coach Ray Brown would join Wilks’ Arizona staff. Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Grace expects Greinke trade to have emotional impact Derrick Hall satisfied with D-backs’ buying and selling 16 Comments Share Top Stories
59 Comments Share There’s a good chance the Arizona Cardinals could part with former starting linebacker Deone Bucannon by the end of the month, according to CBS Sports’ Jason La Canfora.Tuesday night, he reported that Arizona began stepping up efforts to trade its 2014 first-round draft pick with the Oct. 30 trade deadline looming.La Canfora told Doug & Wolf on 98.7 FM Arizona’s Sports Station Wednesday that the Cardinals are willing to help Bucannon out in his search for a better opportunity to play. “If you’re not keeping an open mind now, when would you ever keep an open mind? Look, Wilks isn’t going anywhere. And the defense is playing — look at some of the numbers on the defense — the defense really ain’t the problem. So if the defense is getting the job done more or less without (Reddick or Bucannon) and he does have some value and as a first-round pick he does make some money, and we can flip that for other assets, we got to be able to listen.” La Canfora surmised that both teams in New York could view Bucannon as an asset for that very reason.Other teams could view him as a solid pickup to inject into specific defensive packages.“It’s not like he’s going to dramatically lift your pass rush, it’s not like he’s going to dramatically make you better in coverage. And that’s on the defensive side of the ball, what the better teams who think they can make a push, are looking for,” La Canfora said.As for the Cardinals as a whole, listening to trade offers makes them one of the most intriguing teams to watch heading to the deadline, the CBS Sports reporter said.With two first-round picks getting edged out of the regular rotation for a 1-4 team, there’s no reason for Arizona not to consider all options.“You’ve got a young head coach, and you’re hitting your fair share of problems early on, you’ve got the hottest team in the world in your division … you’re now on your rookie quarterback, you’ve got $22 million on your bench holding the clipboards,” La Canfora said. “It’s probably not your year, you know, and you’re probably looking towards your future. Derrick Hall satisfied with D-backs’ buying and selling The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Top Stories “You do a little more digging and it sounds like Bucannon wants out and they’re willing to oblige him,” La Canfora said, “and it doesn’t seem to be a team fit, and he might have an opportunity to go somewhere else and maybe play a little bit more and maybe a little bit more back in a role that he’s familiar with.“What do you get for him? Boy, I don’t know. Probably not a ton. But I would be surprised if that’s not consummated. Moves beyond that remain to be seen, but he’s probably the first guy out.”On Sunday, La Canfora reported that the Cardinals were willing to listen to trade proposals for Bucannon and 2017 first-round pick Haason Reddick, another linebacker who fell out of the regular rotation.Related LinksReport: Cardinals ‘stepping up efforts’ to trade LB Deone BucannonCardinals’ Chandler Jones named NFC Defensive Player of the WeekCardinals notebook: Wilks trying to find ‘right mix’ at LB; new WR arrivesThe Cardinals could potential get a late-round draft pick back for a player like Bucannon, who has fallen out of favor struggling to adjust to first-year coach Steve Wilks’ system.He and Reddick lost all but a few snaps to veteran offseason signing Gerald Hodges by Week 3, but Arizona has given Bucannon (Week 4) and Reddick (Week 5) starting linebacker duties as they search for the right mix alongside fellow linebacker Josh Bynes, who has cemented himself as the vocal leader on defense. “Course it’s tough,” Bucannon said after he played a single defensive snap in the Cardinals’ Week 3 loss to the Chicago Bears. “People know the passion I got for this game, you know what I’m saying? It’s hard.“Ain’t nothing about myself at the end of the day. I want us to win. If you had them put an option out there for me … (to) not get one snap on this team but we go undefeated here on out, I’m taking me sitting my butt down on the bench and us winning every game.”John Gambadoro of 98.7 FM Arizona’s Sports Sports Station is reporting that he doesn’t expect either one to be traded, but that the Cardinals are listening to offers and that it is “extremely unlikely” that a trade is made involving Reddick.Bucannon, however, holds value with a resume that includes 62 games played in his four-plus year career.His best season came in 2015, his second NFL campaign, in which he tallied 112 tackles, 3.0 sacks, three forced fumbles and an interception. Just a year ago, Bucannon recorded 82 tackles, 1.0 sack and two forced fumbles with a pick.Before this season, the converted safety played as a hybrid $ linebacker and was one of the most productive members of the Arizona defense under former head coach Bruce Arians. He thrived playing under former Cardinals defensive coordinators Todd Bowles, now the Jets’ head coach, and James Bettcher, who is currently the Giants’ defensive coordinator. (AP Photo/Michael Ainsworth) Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impact
Mövenpick Hotels & Resorts is making its Bangkok debut, with the opening of a contemporary hotel in one of the Thai capital’s most prime locations, Sukhumvit Soi 15.The five-star Mövenpick Hotel Sukhumvit 15 Bangkok is the brand’s first city hotel in Thailand, but its fourth countrywide, with three upscale beach properties already in operation; one in Koh Samui and two in Phuket.“Strategically positioned in Bangkok’s bustling business, leisure and entertainment district and just a few steps from Sukhumvit Road, Mövenpick Hotel Sukhumvit 15 Bangkok boasts an enviable location,” said Andreas Mattmüller, Chief Operating Officer of Mövenpick Hotels & Resorts, Middle East and Asia. “Bangkok remains one of South-East Asia’s main business hubs and to open a brand new hotel in one of the city’s most established areas, popular with visitors, residents and expats alike, is another important step for Mövenpick Hotels & Resorts as we continue to expand our footprint across the region,” he added.Highlights of the 297-key Mövenpick Hotel Sukhumvit 15 Bangkok include a 20-metre rooftop pool and bar, 330sqm of meeting space and a cosy courtyard featuring a unique two-storey waterfall.The dining offering showcases Mövenpick’s renowned gastronomic expertise, with outlets serving a range of high-quality cuisine from Thai classics to European and international dishes. In addition, the Rainforest Rooftop Bar is a place where guests can enjoy cocktails and gourmet tapas whilst enjoying views of the Bangkok skyline.Mövenpick’s Bangkok debut signals the firm’s on-going expansion commitments in Thailand, where the firm has signed and sealed deals for two further properties; one in Pattaya opening at the beginning of 2016 and another resort property planned for Hua Hin.19 May 2015
Go back to the enewsletterHapag-Lloyd Cruises has re-introduced its popular Summer Specials campaign, available on six select EUROPA 2 Asian and Caribbean cruises departing between April and December 2019.The promotion guarantees guests attractive savings of up to 30% per person when booking a guaranteed Veranda or Ocean Suite or a guaranteed Grand Ocean or Penthouse Suite by 30 November 2018.There are three price categories from Silver to Gold and Platinum, based on the level of suite accommodation selected.Hapag-Lloyd Cruises has launched a dedicated website where the relevant cruises are detailed at www.europa2-summer-specials.com. Not only does the portal provide information about the casual luxury lifestyle to be enjoyed on board the five-star-plus* EUROPA 2, but it also has insider tips on the ports of call available.A sample voyage:08 April 2019 – Departing Benoa (Bali) and sailing for 15 days to Hong Kong.Based on a guaranteed Veranda/Ocean Suite accommodation (Category 1 or 2), based on two people sharing, cruise-only fare with Silver Summer Special is now EUR 6,790 per person.More information online at http://www.hl-cruises.com/cruisefinder/EUX1907Michael Steffl, Head of International Sales at Hapag-Lloyd Cruises says: “Hapag-Lloyd Cruises continues to increase its international guest share. We have a very high satisfaction rate among our guests, however, we are committed to increasing this figure further, in particular looking to create more awareness for the EUROPA 2. Our new online campaign showcases these six Asia and Caribbean cruises, which offer guests truly inspirational experiences”.Travel agencies can contact Hapag-Lloyd Cruises’ partners in Australia when requesting or booking a cruise, or email email@example.com.Landmark Travel, Manly NSW (02) 9977 7100Cruise Traveller, Queensland (07) 5575 8094 / Freecall 1800 507 777* according to the Berlitz Cruise Guide 2018Go back to the enewsletter
RelatedDemand for flights to South Africa increasesLarge numbers of football fans are booking flights to South Africa ahead of the country’s hosting of the World Cup next summer.World Cup nations’ most supportive fans revealed by SkyscannerWorld Cup nations’ most supportive fans revealed by SkyscannerWorld Cup WAGS: where they’re heading in South AfricaSkyscanner investigates the whereabouts of the South Africa World Cup WAGs Football fans wanting flights to South Africa for next summer’s World Cup have been advised to book early by ABTA – The Travel Association.With demand for flights and accommodation expected to be “massive”, the organisation said it is important that England fans book soon in order to get the best deals.ABTA chief executive Mark Tanzer said: “This World Cup in South Africa will allow England fans the opportunity to visit one of the world’s most beautiful and welcoming countries.”People without tickets can still book flights to South Africa to sample the World Cup experience owing to the fact that the country is “extremely good value for money” and one of the few nations where the pound has retained its strength.Fans have also been advised to keep a close eye on advice from the Foreign & Commonwealth Office and to receive any relevant inoculations.Skyscanner recently investigated cheap flights to South Africa for the World Cup by taking indirect routes and mixing and matching different airlines.ABTA recently estimated that 1.9 million people travelled abroad over the August bank holiday weekend.ReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Map
9. ThailandWhether you want to volunteer at an elephant sanctuary in Chiang Mai, or island-hop your way around the south, Thailand is a country built for backpacking. Don’t underestimate the biggest cities either. Metropolises like Bangkok and Hat Yai might seem daunting to begin with, but they’re great places to get your bearings and to connect with other backpackers. And if you’re after some beach time, consider skipping the crowded coastal regions like Phuket and Pattaya, and opt for lesser-known Trang, on the western coast instead. It’s less-developed and prices are low, and you’ll also find some of the country’s best national parks, including Hat Chao Mai National Park, which is famous for its turquoise waters and limestone outcroppings.While you can stay in Thailand for up to 30 days without a visa (which can be extended to 60 days), you’ll need to apply for a visa through the Royal Thai Embassy if you’re planning on working in the country or extending your trip. Find cheap flights to Japan Find cheap flights to Indonesia ReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Map Find cheap flights to India Find cheap flights to Australia Find cheap flights to New Zealand Find cheap flights to the USA Find cheap flights to South Korea Considering a gap year? Don’t leave home without brushing up on our essential guides for travellers:Theft-proof travel accessories to keep your luggage safeRunning out of rupees or traveller’s tummy will be the least of your concerns if your bag gets stolen. Here’s how to protect your most important possessions while abroad.50 insider tips and tricks for travellersEssential tips from jet-setting, globetrotting experts on all things travel-related.Skyscanner is the world’s travel search engine, helping your money go further on flights, hotels and car hire.Information correct as of 18th July 2019, obtained from https://www.gov.uk/foreign-travel-advice. Please always check the latest guidance on the Foreign Office website before booking a trip and ensure your passport has at least six months’ validity. Find cheap flights to Peru 4. IndiaWhether you’re just passing through or planning to stay longer in this beautiful country, India is a great place to head on a gap year. It’s also fantastically cheap, and you can expect to spend even less in rural areas. Starting with the cities? Delhi’s Red Fort is a must-see, as is the Taj Mahal, which can be found in Agra (easily accessible from Delhi as a day trip). In Mumbai, squeeze in a visit to the Gateway of India and soak up the chaos of the Chhatrapati Shivaji Maharaj Terminus, a UNESCO world heritage site. But there’s so much more to this magnificent country. Go hiking through the foothills of the Himalayas, hire a house boat in Kerala, or chill out on a tea plantation in Tamil Nadu in the South. It’s also worth remembering that Sri Lanka is just a short hop away.You’ll need to apply for a visa before your trip and you can find out more on the Indian High Commission website. British citizens may be eligible to apply for a stay of up to 60 days in the country on a double entry e-tourist visa (e-TV). You can check eligibility criteria and apply online on the e-tourist visa site. 10. JapanJapan isn’t the cheapest of countries, and while we’re not suggesting you spend your entire gap year here, if you’re spending even a short amount of time in Asia, Japan should definitely be top of your list. It’s easy to get around (and surprisingly cheap too – one week rail passes which cover the entire rail network cost around £200) and traditional ryokans (cheap, traditional inns) will seem like five-star hotels compared to those cramped hostels in Bangkok or Bali.Save money by eating at the country’s vending machine restaurants, which can be found in most cities, but are especially common in Osaka and Tokyo. These backpacker-friendly restaurants have machines outside the entrance. Simply choose your dish by finding the image which tempts your tastebuds, press the button next to the photo, insert some Yen (a main course and drink will set you back around 1000 Yen/£7) and hand your ticket to a member of staff, who will guide you to your allocated seat. Suddenly McDonalds looks rather complicated.You can stay in Japan for up to 90 days without a visa, but if you’re planning on working while you’re here, you’ll need to apply for a visa before you arrive, as visas aren’t issued once you’re in the country. The best way to do this is to contact the Japanese Embassy in the UK. 8. Anywhere in EuropeSome of the world’s best destinations are right on your doorstep. Whether you fancy exploring the tourist-free cities of eastern Europe (Estonia and Latvia have become especially popular in recent years) or dream of spending the winter working in a ski resort in the French Alps, Europe offers a wide range of experiences for all types of traveller. If you’re planning on covering a lot of miles, opt for an Interrail pass, which can be purchased for individual countries or as a multi-destination pass. As an EU citizen, you’ll also be allowed to work in most European countries, although it’s imporant to research the rules and regulations in each country. Some, such as The Netherlands, will insist on a temporary residence permit. This can often be granted by the local police force. It’s always best to check entry requirements on the Foreign Office website before planning your trip. 1. PeruNow that you can fly direct from London to Lima with British Airways, Peru is more accessible than ever before, and it’s also wonderfully cheap. Expect to pay around £1 for a cerveza (beer to you and me). It’s a fantastic base for explorations further afield – hop on the Andean Explorer train in Cusco for a scenic train ride to Lake Titicaca and the Bolivian border. Or book a cheap flight with one of the many budget South American airlines to get to neighbouring countries like Ecuador, Brazil, and Colombia. If you’re staying put, top attractions in Peru include Macchu Pichu, Colca Canyon, and the Amazon rainforest (the Tambopata Reserve has some wonderfully remote lodges).Good news – you don’t need a visa to visit Peru from the UK. If you’re planning on working during your trip, it’s best to check visa requirements with the Consulate of Peru. 3. USAAmerica’s got something for all types of traveller, and it’s ideal for those who want to spend their gap year earning some cash and gaining some work experience. Disney and Universal Studios’ theme parks both offer short-term employment opportunities if you fancy exploring sun-soaked California or Florida, but there are plenty of other ways to fund a year in the US, especially if you get your hands on a J-1 visa. This allows visitors to sign up for casual work in America, whether you’re hoping to spend the winter working as a ski lift operator or paying your way with a waitressing job. If you’re keen to take in as much of America as possible, opt for a USA Rail Pass, which can be purchased as a 15, 30, or 45-day ticket.For shorter stays in the USA, British citizens will need to complete an online pre-registration form on the ESTA website, ideally at least 72 hours before your trip. This allows you to travel to the USA for up to 90 days. Get even more travel goodness straight to your inbox.Sign up 7. AustraliaAustralia is another destination with more than enough to satisfy the appetites of wanderlust-fueled gap year travellers. If you’re aged between 18 and 30, it’s relatively easy to get hold of a 24-month working holiday visa. Bear in mind that if you’re considering bar work, you’ll need to undertake RSA (Responsible Service of Alcohol) training. You can find out more about working holiday visas on the Australian Visa Bureau website. If you’re not planning on working, you’re likely to have more travel-related flexibility, but you’ll still need to apply for a visa. The easiest way is to apply for an Electronic Travel Authority (ETA) through your travel agent or airline, which costs around A$20.Get between Australia’s cities using low cost flights offered by airlines like Jetstar and Virgin Blue. Or consider signing up for the road trip of a lifetime by opting for long term car rental from a specialist company like Travellers Autobarn. If you’re on a budget, Greyhound buses are an efficient, cheap way to get around. As for where to go? Popular destinations for backpackers include Byron Bay, Fraser Island, the Great Ocean Road, Melbourne, Sydney and the stretch of the East Coast between Sydney and Cairns. Find cheap flights to Thailand 6. New ZealandIf you’re planning on working while in New Zealand, you’ll need to sign up for the Working Holiday Scheme Visa, but this can be applied for once you’re in the country. If you’re simply exploring, British passport holders can stay for up to six months without applying for a visa.Once you’ve arrived, the only problem is that there’s simply too much to see. The North Island is where you’ll find the vibrant city of Auckland, as well as Wellington, the capital. It’s the perfect city for nature lovers, surrounded by water on three sides and filled with parks and nature reserves. Rotorua is where the adrenaline junkies head. Here you’ll find spurting geysers, pools of bubbling mud, and hot springs, ideal for soothing those post-bungee jump aches and pains. The South Island is where you’ll find the elegant city of Christchurch, along with the Abel Tasman National Park and the Otago Peninsula, famous for its penguin colonies. Who doesn’t love a penguin? 5. South KoreaSouth Korea is attracting a growing number of gap year travellers and many are now exploring well beyond the bright lights of Seoul. It’s a wonderful melange of hi-tech and tradition – you’ll find a lightning fast subway system alongside ancient temples and forested parks. Head further afield to discover the lesser-known top tourist attractions in South Korea. These include the fertile farmlands of Boseong, with their wooden houses (known as hanoks) and Damyang, known as the bamboo capital of South Korea. Food is cheap and delicious. Barbecued cuisine is especially popular, and no visit to the country is complete without a stop-off in a traditional tea house. Some of the best can be found in Seoul’s Insadong district.UK passport holders can travel to South Korea for up to 90 days without a visa, but you’ll need to show your onward or return ticket on request. For longer stays or if you’re planning on working while you’re here, you should always check the visa requirements. 2. IndonesiaBase yourself in Indonesia and you’ll be spoilt for choice. We recommend starting with some island-hopping in the Gilis. A bus-like ferry service constantly zips between these three, palm-fringed islands (Gili Trawangan, Gili Meno, and Gili Air). Sumatra is where to head for some volcanic action. Or head for Bali to meet fellow backpackers – the resort area of Kuta is packed with nightclubs and bars, although it’s worth avoiding in March, when Australia’s “spring breakers” fly over from Oz in their hordes. To escape the crowds, head north to Ubud, with its bright green paddy fields and traditional villages. Or make for Padangbai, a quaint fishing village which is a popular diving and snorkelling spot.While you won’t need a visa for stays of up to 30 days in Indonesia, if you’re planning on staying longer or working in the country, you should apply for a visa online before your trip. Search car hire from Los Angeles International Airport RelatedOn the Inca Trail: A beginner’s guide to PeruPlanning a big trip but you’re bored with Bali and done Dubai? What about a long haul holiday in Peru? It’s got incredible attractions (machu who?) cheap hotels and amazing natural beauty (‘allo Andes). Now, for the first time, you can catch a direct flight from the UK to capital…21 cheap countries to visit for a great low cost holidayTravelling the world doesn’t have to cost the earth. We’ve scoured the globe for cheap places to travel, from South Africa to South America, and found 21 beautiful countries to visit on a budget. There’s something for everyone, whether you’re looking for a short, cheap holiday in Europe, or planning…10 best cheap hotels and hostels in RomePlanning a cheap city break in Rome? Whether you’re looking for hotels near the Colosseum or a hostel close to the Trevi fountain, the ideal accommodation in Rome doesn’t need to break the bank. Here are some brilliant budget options for those of you looking for cheap hotels in Italy’s…
New York, New York- Lladró, the world renowned creator of fine porcelain sculptures, presents Horse Race, a stunning composition in white matte porcelain depicting the tension and movement of two Thoroughbred horses and their jockeys in the defining moment of a race.Inspired by the famous Kentucky Derby, this limited edition of 3,000 units not only faithfully reproduces the anatomy of these “hot-blooded” horses, known for their agility, speed and spirit, but also captures the excitement and energy of the race in a technically difficult composition. The horses seem to be suspended in the air, and to achieve this visual effect, a thorough meticulous previous study was required. Although both horses are jointed, only one is connected to the wooden base that acts as a support and as the counterweight that guarantees the stability required by a piece of this size and characteristics.The sculpture of this magnificent piece is a great connoisseur of the world of horses and the creator of the High Porcelain sculpture, Arabian Pure Breed.www.lladro.com