Homeowners Feeling Extra Financial Stress

first_img Share Save About Author: Seth Welborn  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago June 12, 2020 1,297 Views Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Homeowners Feeling Extra Financial Stress Sign up for DS News Daily Demand Propels Home Prices Upward 2 days agocenter_img Financial Stress 2020-06-12 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Financial Stress Many homeowners are still feeling some concern about their ability to pay their mortgage, according to a survey by Clever. According to the survey, 2020 home buyers are more than twice as likely to report feelings of anxiety and stress than home buyers who bought in the last five years, and they’re less likely to report feelings of comfort, security, happiness, and pride.Roughly 75% of 2020 home buyers reported feeling concerned about paying their mortgage due to COVID-19-related financial hardships. These recent home buyers have had very different experiences than those who purchased their homes before the pandemic. Most notably, they experienced more negative affect related to homeownership, higher levels of buyer’s remorse, and more concerns about finances than those who bought between 2015 and 2019.Over half of the homeowners surveyed said that at least one person who typically contributes to housing costs had lost their job since purchasing their home, leaving many with a new mortgage and far less money coming in. Pre-pandemic buyers who purchased before the WHO declared COVID-19 a pandemic were slightly more likely to be affected by those widespread job losses with nearly 60% of homeowners losing one income compared to 50% of those who purchased since MarchAdditionally, 63% of home buyers who bought in the beginning of 2020 reported being concerned about their home going underwater compared to 53% of people who bought during the pandemic. Homeowners overall are feeling more anxious about homeownership than before. More specifically, 2020 home buyers are more than 2x as likely to report feelings of anxiety, 1.6x as likely to report stress, and nearly half as likely to say homeownership makes them feel comfortable and secure than those who bought in the last 5 years.However, in spite of COVID-19 fears, it’s still a seller’s market. 42% of homeowners who bought during the pandemic reported entering a bidding war. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Homeowners Feeling Extra Financial Stress in Daily Dose, Featured, Market Studies, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: Maxine Waters: OCC Rushed Out ‘Harmful Rule’ For CRA Next: Managing the Post-COVID Surge in Default Servicing The Best Markets For Residential Property Investors 2 days agolast_img read more

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Transparency data: DHSC: business appointment rules advice, July to September 2019

first_imgThis page provides information about outside appointments or employment taken up by former members of the Department of Health and Social Care (DHSC).It covers former staff at senior civil service levels SCS1 and SCS2 and equivalents that fall within the scope of the business appointment rules. It also covers special advisers of equivalent level.last_img

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Weekly unemployment claims fall 20 percent

first_imgVermont Labor Force StatisticsSeasonally Adjusted For the Week of 08/22/2009. There were 682 new regular benefit claims for Unemployment Insurance last week, a decrease of 172 from the week before and 175 fewer than the same period last year. Altogether 11,552 new and continuing claims were filed, 628 fewer than a week ago and 4,327 more than a year earlier. The Department also processed 4,259 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 53 more than a week ago. In addition, there were 788 Second Tier claims for benefits processed under the EUC08 program, which is a decrease of 16 from the week before. The Unemployment Weekly Report can be found at: http://www.vtlmi.info/(link is external). Previously released Unemployment Weekly Reports and other UI reports can be found at: http://www.vtlmi.info/lmipub.htm#uc(link is external) Latest Unemployment Press Release  August 24, 2009 July 2009June 2009July 2008center_img “Unemployment fell sharply in July, apparently due to increased hiring of youth for summer work and a modest recovery of the Leisure and Hospitality sector.  However, the early data indicate we will likely see an upward revision of the unemployment rate as has occurred for the past several months. For example, we saw June’s unemployment rate climb from 7.1% to 7.3% after final revision.”Patricia Moulton Powden Commissioner of the Vermont Department of Labor Total Labor Force360,100359,500354,800  Employment335,600333,300338,600  Unemployment24,50026,20016,200  Rate6.8%7.3%4.6%last_img read more

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Season ends for soccer team

first_imgGREG DIXON/Herald file photoFor the second straight season, the University of Wisconsin women’s soccer team failed to reach the Big Ten Tournament, losing 1-0 to Northwestern on Friday.Although the Badgers needed other help last year, they entered Friday’s match with the Wildcats knowing a win would secure a spot in the Big Ten Tournament. Despite the urgency of the situation, Wisconsin was unable to find the back of the net.“If you have to lose and go out, it’s the best way,” senior goalkeeper Jamie Klages said. “Everybody played with so much heart, and you could just see all the emotion on the field. We played well, and it just didn’t go our way. I’m proud of my team for fighting really hard.”For the Wildcats, a tie or win would get them into the conference tournament, and they came out just as hard as the Badgers, hoping to prolong their season. Junior Alicia Herczeg scored the eventual game-winning goal for Northwestern in the 81st minute.“It’s obviously disappointing,” UW head coach Paula Wilkins said. “I think from how they played in the game, though, you can’t ask for too much more.”The Badgers were lead offensively by freshmen Erin Jacobsen and Meghan Flannery, each putting up a shot-on-goal. Senior Taylor Walsh also added a pair of shots, and sophomore Taryn Francel had one shot.With the season ending Friday, the Badgers finished with a 9-9-1 record overall and 3-7 in Big Ten play. Both records are improvements over last season’s marks of 6-11-1 overall and 2-8 in the Big Ten.“[The season] had its ups and downs,” Wilkins said. “I thought we could’ve been a little more successful in a couple games … but I think we built a little cornerstone for the future, and I think that’s important.”Friday night also was senior night for Wisconsin, who will graduate four seniors from this year’s team: Klages, Walsh, Sheri Ferron and Tricia Krombach. It was an emotional night for the four seniors, especially for the Badgers’ two senior captains, Klages and Walsh.Klages, a transfer from Nebraska, started all but two games for the Badgers over her two seasons at Wisconsin.“As the weeks go on and I’m not having to get up to go to practice, I think that’s when it will hit me that it’s truly over,” Klages said. “My two years here were unbelievable. This team and this program is great, and I’m really glad I came here. There’s no better program that I would rather be at, and I’m so happy I’m here.”For Walsh, the story is a little different. The Madison native spent five years with the program and was the last remaining member of the 2005 Wisconsin squad that won the Big Ten Tournament title.“I don’t really know how to sum up five years,” Walsh said. “Every year here has been so different. These girls are more than just my teammates; they’re my best friends in college. I’m just going to miss them more than anything.”Wilkins, who coached the four seniors for two years, praised their efforts as leaders of not only the team but also the program she is trying to build.“I only knew them for two years … but I couldn’t ask for more from those guys,” Wilkins said. “Other than Taylor (Walsh), these guys sort of transplanted here, and I couldn’t ask for anything from them but to help the program go forward.”With help from the leadership of their seniors, the Badgers’ freshmen dominated all statistical categories this season.Leading the way offensively for Wisconsin was freshman Laurie Nosbusch. Nosbusch lead the Badgers with 21 points, 58 shots, 29 shots-on-goal and seven assists. She also finished one goal behind Walsh for the team lead.Also among the leaders in every category were Jacobsen and fellow freshman Leigh Williams. With so many freshmen contributing for Wisconsin, the future of the program looks bright.“I think every year they’re going to continue to get better,” Walsh said. “Paula’s got a really good thing going, and they’re just going to keep going with it.”With the season wrapped up, the next thing for the Badgers to do is take a look back at the season and see what they need to do to prepare for next season. Last year’s offseason focus was conditioning, and Wilkins expects this year to be similar.“It’s going to be the same thing,” Wilkins said. “I think that and some better defending stuff [will be our focus]. [We’ll] go back to the basics again with some stuff; I think that’s where we need to start.”last_img read more

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