The Industry Pulse: Updates on LRES, Black Knight, and More

first_img About Author: David Wharton Demand Propels Home Prices Upward 2 days ago The Industry Pulse: Updates on LRES, Black Knight, and More Servicers Navigate the Post-Pandemic World 2 days ago May 10, 2018 2,005 Views Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post 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 Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Previous: Energy Efficiency vs. Home Affordability Next: CFPB’s Mulvaney Puts Focus on Cost-Benefit Analysis in Daily Dose, Featured, News From rewards and recognition to new appointments and initiatives, get the buzz on the industry’s latest news in this weekly update.LRES Corporation, a residential and commercial real estate services company based in Orange, Calif. that provides nationwide valuations, REO asset management, and HOA solutions for the mortgage and real estate industry, announced the promotion of their chief strategy officer Mark R. Johnson to the role of the company’s President. “Since joining LRES just over a year ago, Mark has proven himself to be a forward-looking and visionary leader,” said Roger Beane, CEO of LRES. “In that year, he has greatly distinguished himself by propelling the company forward in both our strategy and direction. His passion to improve the valuation industry through efficient workflows and advanced data science will influence our corporate objectives and initiatives as we enter the next phase of our growth.” As chief strategy officer at LRES, Johnson implemented actionable strategic priorities based on changing market conditions, evolving technical advances, and his understanding of the industry’s competitive landscape. He spearheaded numerous core company initiatives that Beane describes as “transformative”, while also developing the company’s business partnerships in order to position LRES for continued growth.____________________________________________________________________________Delaware-based Black Knight Inc, a provider of software, data and analytics solutions to the mortgage and consumer loan, real estate and capital market verticals, has announced that its indirect subsidiary, Black Knight InfoServ, LLC (BKI), a Delaware limited liability company entered into an amended and restated senior secured credit facility, comprised of a $1.25 billion five-year senior secured term loan A facility and a $750 million five-year senior secured revolving credit facility. The Facilities will reduce borrowing costs and enhance financial flexibility and liquidity. The proceeds of the Facilities were used to repay in full the indebtedness outstanding under the previous senior secured credit facility, and pay associated fees and expenses. The Facilities are guaranteed by BKI’s indirect subsidiary, Black Knight Financial Services (BKFS), the Borrower and certain of the Borrower’s existing and future domestic subsidiaries and are secured by substantially all tangible and intangible assets of BKFS LLC, the Borrower and certain of the Borrower’s existing and future domestic subsidiaries._______________________________________________________________________________John Czwartacki has transitioned from the Office of Management and Budget (OMB) to the Bureau of Consumer Financial Protection (CFPB) as its Chief Communications Officer and Spokesperson. His 30 years of experience in public and private sectors will now be applied full time at the Bureau as it fulfills its statutory mission. Czwartacki has been at OMB from the earliest days of the administration and was detailed as a Senior Advisor at CFPB by Acting Director Mick Mulvaney upon his appointment to the dual roles last November. With the transition of Czwartacki to CFPB, he joins the team in their mission to prepare for the yet-unnamed permanent director and create a more effective, efficient, and accountable actor within the federal government and on behalf of the American people, according to the CFPB’s release. “It has been my pleasure to work alongside an extremely talented communications team both at OMB and in the West Wing. I look forward to continuing my service, alongside Mick Mulvaney and his tremendous staff, for the foreseeable future. We have lots of work ahead of us,” Czwartacki said.______________________________________________________________________________Kerry McInernyWilliam TateAtlanta-based McCalla Raymer Leibert Pierce, LLC (MRLP) recently announced that Kerry McInerney has joined as Managing Partner of the firm’s Alabama and Mississippi Litigation and Trial Practice Group. The firm also announced that William Tate, previously a partner in MRLP’s Commercial Litigation Group, has been named Managing Partner of MRLP’s Georgia Litigation and Trial Practice Group. McInerney and Tate will manage teams of experienced litigators handling a variety of complex matters. They will also join the firm’s Management Committee. “Kerry and Will bring a vast amount of experience, goodwill, and enthusiasm to their Groups. We are extremely pleased they are assuming these new leadership roles at the firm,” said Marty Stone, Managing Partner, and CEO at MRLP. “The addition of Kerry and Will to the Management Committee adds undeniable depth and bench strength showcasing the firm’s commitment to both growth and quality of litigation services in Alabama, Mississippi, and Georgia.” Kerry McInerney brings over 22 years of litigation experience with him to the firm. Before joining McCalla, McInerney was a shareholder with Sirote & Permutt, P.C., where he handled complex lender and servicer liability cases and served as co-chair of that firm’s Mortgage Litigation Group. Tate began his legal career as an associate in the creditors’ rights group at Morris, Manning & Martin in Atlanta in 2009. Tate joined MRLP in 2013 as a senior associate in the Commercial Litigation and Transactions Group and was named a partner in that group in 2016. Tate has extensive experience in Georgia foreclosure confirmation law and enforcement of debt instruments. Home / Daily Dose / The Industry Pulse: Updates on LRES, Black Knight, and More Governmental Measures Target Expanded Access to Affordable Housing 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Tagged with: Black Knight CFPB Law Loan LRES mortgage mrlp Servicing The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Black Knight CFPB Law Loan LRES mortgage mrlp Servicing 2018-05-10 David Wharton The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

U.S. Air University Colonels Visit Uruguay

first_imgBy Nastasia Barceló/Diálogo May 02, 2018 Minister of Defense Jorge Menéndez, representing the Uruguayan Ministry of Defense, welcomed a delegation of 19 colonels, recent graduates of the U.S. Air University. A conference on protecting civilians during peacekeeping missions took place March 6th–9th. Authorities characterized the visit as very positive for bilateral cooperation between the United States and Uruguay. Official visit: reception and activities Lieutenant General Alberto M. Zanelli, commander of the Uruguayan Air Force (FAU, in Spanish), welcomed the U.S. service members. Various authorities from FAU, the Uruguayan Army, and the Uruguayan Ministry of Defense were also present. Lieutenant Colonel Julio Maldonado, director of Communications at FAU, told Diálogo that issues important to the armed forces of both countries were addressed, including the relevance of peacekeeping missions for Uruguay in the 21st century, the role of women and their potential in the armed forces, and the training and social services provided by the ministry and its officials. “Among other activities, the delegation carried out a technical visit to the Army, Navy, and Air Force commands, and also to the Defense General Staff,” he said. To wrap up the mission’s activities in Uruguay, the graduates participated in a joint conference of the Uruguayan National School for Peacekeeping Operations (ENOPU, in Spanish), the National System of Peacekeeping Operations, and the Center for Higher National Studies. “This conference was on protecting civilians in the context of peacekeeping operations,” said Lt. Col. Maldonado. As a representative of the Uruguayan Armed Forces, Lt. Col. Maldonado said the visit was very positive. “It involved reciprocal learning. Without a doubt, the U.S. Air Force is the most modern in the world, both from a strategic and technological viewpoint, so having contact with its academic body is fundamental for Uruguay,” he said. U.S. Air University “The Air University trains with the knowledge and necessary abilities to develop, use, order, and support air, space, and cyberspace power at the highest levels. The specialized professional programs of education provide scientific, technical, and administrative knowledge to satisfy the demands of the U.S. Air Force,” explained FAU Colonel Ricardo Devita, director of Public Relations for the Uruguayan Ministry of Defense. “The graduates and researchers of this institution have lots of responsibility with respect to the development of doctrine, concepts, and strategies of the Air Force.” Activities such as integrating knowledge with the United States symbolize a great step forward in relations between the armed forces of the two countries. “This is the second time that Air University personnel made a visit of this magnitude to our country’s main security and defense bodies,” said Col. Devita. “The previous visit was in 2015, after a memorandum of understanding between the Center for Higher National Studies and ENOPU was signed. Other joint academic activities are already scheduled between the Uruguayan Ministry of Defense and the Air University, which our ministry’s website will disclose later on,” he concluded.last_img read more

Man City transfer news: Sevilla ‘making good progress’ in Nolito pursuit

first_imgSevilla are making ‘good progress’ in their attempts to land Manchester City striker Nolito this summer.The 30-year-old started just nine Premier League games during his first season in England following his £13.8million arrival from Celta Vigo last summer.Now he looks set to leave in a bid to secure more regular first-team football while also complaining that he doesn’t like the weather in Manchester.READ MORE: Nolito – ‘My daughter’s face has changed colour – it looks like she’s been living in a cave’Sevilla have been linked with a move to take him back to Spain although they are yet to agree a deal with City.But Jose Castro, the Spanish club’s president, has now revealed that the switch could be close.He told Radio Sevilla: “When talking about top players, you can never say things are completely done.“It’s true that we have not spoken about any other options as we have made good progress in getting Nolito to play for us.” 1 Manchester City striker Nolito started just nine Premier League games last season last_img read more

Live NBA Finals updates: Raptors beat Warriors in Game 1

first_imgJoin us Thursday at 6 p.m. for live scoring, news and analysis as the Warriors make their fifth consecutive NBA Finals appearance when they take on the Toronto Raptors at Scotiabank Arena.The Warriors, who will be without two-time NBA Finals MVP Kevin Durant for at least the first two games in Canada, may be back in … It’s the first Game 1 NBA Finals loss during the Warriors five-year run. Read the story.Click here if you’re unable to view the video or gallery on your mobile device.last_img read more

SA rugby’s future is bright: Junior Bok coach

first_img‘Praiseworthy’ “The players could deal with them face-to-face every day, and the manner in which the guys handled it, with maturity, it is praiseworthy. We are all friends off the field anyway in rugby, and it was probably two of the most titanic battles ever fought at junior level – against New Zealand in New Zealand and with all that backing that they had. I was just so proud of the guys,” said Theron. The Junior Bok coach said the two big clashes with Kiwis, plus a bruising encounter with Samoa in difficult, wet conditions eventually took its toll on his team in an exhausting final.‘Must-win’ “The matches against New Zealand were must-win situations and then the final against a good England side [was very taxing],” he explained. “Perhaps it was the mental fatigue, and we didn’t show the same patience that we did against New Zealand. “We lost a vital ball that we knocked-on from an attacking scrum and if we had to score there, then it was 17-3 for us and it would’ve been a different ball-game. Handre Pollard also tried his best and just missed with two drops goal. However, a final is a final, and it brings other things to the table.” 23 June 2014 The Junior Springboks returned to South Africa on Sunday after finishing runners-up to England in the IRB Junior World Championship in Auckland. The future of South African rugby is bright, coach Dawie Theron told the media on his return. Apart from the heart-breaking 20-21 loss to England, the Junior Boks enjoyed an outstanding 2014. They achieved a first ever whitewash, 3-0, series win over Argentina. Then, at the Junior World Championship, they finished finished first in Pool C after wins over Scotland, New Zealand and Samoa, followed by another defeat of the Baby Blacks (South Africa’s fourth win in a row over the New Zealanders at under-20 level) to reach the final. Sharing the same hotel with the New Zealanders served his team well, Theron reckoned. Proud Theron said every one of the Junior Springboks was immensely proud of their captain, Pollard, being awarded the IRB Junior Player of the Year 2014 prize after he led his team superbly at the Junior World Championship. “Handre is just getting better and the whole team is unbelievably proud of him,” Theron said. “He was a wonderful skipper with wonderful leadership qualities. Although we did not win the tournament, it was just a great experience for him with his teammates. The guys had an unbelievable spirit and I think they won’t ever forget each other.” Eligible for 2015 JWC Theron said nine players who did duty in New Zealand will be eligible for the next Junior World Championship, which takes place in 2015 in Italy. They include the Du Preez twins, Dan and Jean-Luc, Joseph Dweba and the highly rated DHL Western Province duo of Jacques Vermeulen and JD Schickerling. Towering lock Schickerling was one of the outstanding forwards on display during the three-week tournament in Auckland.‘A born rugby player’ “You could play him (Schickerling) at six, seven or eight and he would play just as well,” reckoned Theron. “He is a born rugby player, he is a footballer,” he grinned. “We played Nico (Janse van Rensburg) at five as he is more experienced, but JD can play there and learned from Nico, so he can make the calls next year. We are also busy with a development plan, so we are growing JD, and I don’t think there was a better four lock around either. “Overall, we lost one of nine matches this year. Unfortunately, that was during the Junior World Championship final and it was by a single point against the defending world champions. “Although we just fell short of our goal, South Africans can be very proud of the effort, conduct and commitment of these youngsters,” Theron said. SAinfo reporterlast_img read more

Samsung Galaxy S III gathers many admirers since its arrival

first_imgSamsung Galaxy S III smartphone gathering many admirers since its arrival is available in India at a price of Rs 41,500 via Samsung’s eStore.With 32GB in-built memory capacity, the S III was reportedly spotted in a black metallic finish on a UK retailer’s website and also on Samsung’s Facebook page.So far, only the 16GB variant of Samsung Galaxy S III was available in the country. The 16GB S III was launched at Rs 42,500, but is now available for Rs 38,400 in the market.Samsung had also announced a 64GB variant of the S III as well, but no price or India launch date of the device was mentioned. The Samsung Galaxy S III is successor to the Samsung Galaxy S II, which was one of the most successful smartphones of 2011.The SIII, which boasts of a 4.8-inch Super AMOLED display with a resolution of 1280x 720 pixels, runs on Google Android 4.0.4 OS. It is powered by the Exynos 4212 quad-core processor clocked at 1.4GHz with 1GB of RAM.The Samsung also launched its London Olympics edition. The limited edition phone, which was introduced during the worldwide sporting event, featured four designs. The rear covers sport adorable designs of a soldier from the royal army, two designs of the British flag and a red and blue lion’s head.Samsung Galaxy S3, which topped 10 million units sold, has become one of the most popular Android smartphones. It has also caused a round of debates as to which smartphone will be worth purchasing: The Galaxy S3, the iPhone 4S, or even the Apple’s upcoming iPhone 5.With Agency inputsadvertisementlast_img read more

PM Modi has made yoga international: Goel

first_imgNew Delhi, Jun 21 (PTI) Prime Minister Narendra Modi has made yoga international with 180 countries, including Pakistan celebrating it, Union Minister Vijay Goel said today.While there are no reports of mass participation in International Yoga Day celebrations in Pakistan, the Indian High Commission there had organised a yoga camp that was attended by the diplomatic community.”Our Prime Minister Narendra Modi has made yoga international. Not only is the day being celebrated across India but 180 countries across the world are celebrating the occasion.”I had also heard that Pakistan is also observing Yoga Day and this is our big achievement,” the Sports Minister said.Goel made these comments at an event where he was present along with other dignitaries, including NDAs presidential candidate Ram Nath Kovind and Union Minister M Venkaiah Naidu, Delhi Lt Governor Anil Baijal and Chief Minister Arvind Kejriwal early this morning at a yoga event in Connaught Place. PTI SLB RCJlast_img read more

Mourinho backs Lukaku celebration

first_imgManchester United Mourinho backs Lukaku’s muted West Brom celebration Jamie Smith 03:54 12/18/17 FacebookTwitterRedditcopy Comments(0) Romelu Lukaku Getty Images Manchester United Romelu Lukaku West Bromwich Albion v Manchester United West Bromwich Albion Premier League José Mourinho The Manchester United manager supported his striker after he did not celebrate a goal against the Baggies Romelu Lukaku did not celebrate his goal against former team West Brom due to his love for the club, according to Manchester United manager Jose Mourinho.Lukaku opened the scoring in United’s 2-1 win at The Hawthorns on Sunday, heading home Marcus Rashford’s left-wing cross.But the Belgium international refused to celebrate his 10th Premier League goal of the season despite being mobbed by team-mates, leading to post-match criticism from television pundits Gary Neville and Jamie Redknapp. Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player And Mourinho defended Lukaku, who scored his first Premier League goals at West Brom in a successful loan spell from Chelsea as a teenager.”I didn’t celebrate too — and nobody was happier than me,” Mourinho told Sky Sports.”I’m happy with the victory but, 15 years ago, I look at myself — how I used to celebrate goals. With maturity you control your emotions better. Unless you score a winning goal in the last stage of the game.”But basically, Romelu had the fact he was a happy kid at West Brom. He was given the conditions to have the evolution he had, so maybe at the back of the mind it was his love for the club.”FULL-TIME West Brom 1-2 Man UtdThe visitors survive a late scare as Lukaku & Lingard do the damage before half-time#WBAMUN pic.twitter.com/zZmNXA7V9D— Premier League (@premierleague) December 17, 2017West Brom remain winless in four league games under new boss Alan Pardew, although they at least scored the first goal of his reign thanks to Gareth Barry’s consolation.And the former Newcastle and Crystal Palace manager accepted responsibility for his side’s 2-1 defeat to second-placed United, with West Brom having lacked energy prior to a strong finish.”Better shape to the team, better legs a little bit,” Pardew told Sky Sports when asked why United had run out winners. “The team I picked —in hindsight it wasn’t the right team and I should have put some fresher legs in. They had put in such a shift at Liverpool [in Wednesday’s 0-0 draw] and I wanted to show faith in them, as their new manager. “But maybe I should have made two or three changes. We looked leggy and not up to the ball. But in the second half we were a lot better and had a lot more conviction in our play. “We had a full stadium, playing Manchester United, and we didn’t ever get the crowd going. The crowd, quite rightly, were fairly quiet today and that was down to us. When you’re at home, you’ve got to generate more excitement — more moments — than we did today.”We’ve got to take risks — you can’t play this game unless you take risks. We just had a lack of energy and, as I say, I’ve got to take some blame for that.”last_img read more