In South Africa, an international Fish Crimes symposium taking place in Cape Town has revealed the murky underworld of the global trade in illegal fishing. As CCTV’s Travers Andrews reports, every year coastal countries lose billions of dollars in revenue due to the theft of their natural resources by criminal organizations.
Phivolcs records 2 ‘discrete weak ash explosions’ at Taal Volcano View comments Arellano withstands San Beda, moves one win away from title Sports Related Videospowered by AdSparcRead Next SEA Games 2019: No surprises as Gilas Pilipinas cruises to basketball gold PLAY LIST 06:27SEA Games 2019: No surprises as Gilas Pilipinas cruises to basketball gold00:50Trending Articles03:19PBA Season 43 Preview: Blackwater Elite02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Phivolcs records 2 ‘discrete weak ash explosions’ at Taal Volcano LATEST STORIES Sea turtle trapped in net freed in Legazpi City Fortunately, these last two outings have delivered nothing but good news for Blackwater, with huge victories over San Miguel and Kia giving it a much-needed shot in the arm going into its final two games against NLEX and Phoenix.“Those wins were huge because we gained confidence. We’ve been playing well, our teamwork is there, we’re getting balanced scoring, and everyone is contributing,” he said. “We’ll just give our all in our final games.”The Elite take on the Road Warriors on Sunday at Philippine Arena.ADVERTISEMENT GALLERY: Barangay Ginebra back as PBA Governors’ Cup kings UK plans Brexit celebrations but warns businesses may suffer Steam emission over Taal’s main crater ‘steady’ for past 24 hours MOST READ It’s too early to present Duterte’s ‘legacy’ – Lacson Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Don’t miss out on the latest news and information. PBA IMAGESMac Belo allayed fears of another long-term injury, saying that he no longer feels any discomfort on his left knee.“I no longer feel any pain. I don’t feel much tightness anymore,” said Belo, who is recovering from an ITB injury which caused him to miss Blackwater’s last game against San Miguel.ADVERTISEMENT Nueva Ecija warehouse making fake cigarettes raided, 29 Chinese workers nabbed Belo didn’t show any signs of unease when he suited up in the Elite’s 95-76 win over Kia on Friday.The sophomore forward poured eight points, three rebounds, and two steals in his 15 minutes on the floor, efforts which helped to boost his side’s belated run to the playoffs in the 2018 PBA Philippine Cup.FEATURED STORIESSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkWith Blackwater at 4-5, Belo knows how crucial these last few games are for them as they seek to claim those last spots in the quarterfinals.“Every game is a must-win for us. That’s our mindset because we have an opportunity if we win our last games, we have a chance to get to the playoffs,” he said.
Freddie Mac HARP Home Affordable Refinance Program Mortgage Refinances 2015-05-01 Seth Welborn in Daily Dose, Headlines, News, Secondary Market May 1, 2015 434 Views Share Freddie Mac: Refinance Activity Boosts in First Quarter This week, Freddie Mac released the results of its Quarterly Refinance Analysis for the first quarter of this year, revealing that borrowers lowered their monthly mortgage payment and shortened their long-term payment by taking advantage unexpectedly low mortgage rates. Refinance activity accounted for 63 percent of all single-family originations.According to Freddie Mac, approximately 27 percent of borrowers increased their loan amount when refinancing, either by cashing out equity or consolidating loans, versus 29 percent from last quarter, 17 percent from the same time last year and well below the peak of 89 percent in 2006.”Many homeowners took advantage of low mortgage rates by refinancing in the first quarter of 2015,” said Len Kiefer, Freddie Mac Deputy Chief Economist. “Relatively younger loans refinanced as the median age of a refinanced loan declined to 5.6 years, down from 6.8 years in the prior quarter.”Thirty-four percent of borrowers who refinanced during the first quarter of 2015, shortened their loan term, down slightly from the previous quarter. Of eligible borrowers who used the Home Affordable Refinance Program (HARP), 36 percent shortened their term. More than one-third of HARP borrowers shortened their term over the past four quarters.“Refinance borrowers are primarily looking to reduce payments and pay down principal faster,” Keifer said. “We estimate that borrowers who refinanced in the first quarter will save on net more than $1.4 billion in interest payments over the first 12 months of their new loan. Nearly a third of borrowers who refinanced shortened their loan term.”Quarterly Refinance Facts:The net dollars of home equity converted to cash as part of a refinance remained low compared to historical volumes. In the first quarter, an estimated $7.7 billion in net home equity was cashed out during a refinance of conventional prime-credit home mortgages, down from the revised $7.6 billion the previous quarter in 2014 dollars.The average interest rate reduction in the first quarter was about 1.2 percentage points—a reduction of about 24 percent.About 73 percent of those who refinanced their first-lien home mortgage maintained about the same loan amount or lowered their principal balance by paying in additional money at the closing table, about the same as last quarter.More than 95 percent of refinancing borrowers chose a fixed-rate loan. Fixed-rate loans were preferred regardless of what the original loan product had been.For all other (non-HARP) refinances during the fourth quarter, the median property value was up 5 percent between the dates of placement of the old loan and the new refinance loan. The prior loan had a median age of 5.6 years down from 6.8 years in the fourth quarter of 2014.See the full report at FreddieMac.com/Finance.