Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem By Lynette Wilson Posted Apr 17, 2017 Assistant/Associate Rector Washington, DC Tags Submit a Press Release This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Rector Martinsville, VA TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Belleville, IL Submit a Job Listing Rector Hopkinsville, KY Featured Events Associate Rector Columbus, GA Press Release Service Family Ministry Coordinator Baton Rouge, LA Rector Pittsburgh, PA Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Youth Minister Lorton, VA Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Featured Jobs & Calls Assistant/Associate Rector Morristown, NJ Associate Priest for Pastoral Care New York, NY In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector and Chaplain Eugene, OR An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Episcopal Migration Ministries, The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Missioner for Disaster Resilience Sacramento, CA Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Director of Administration & Finance Atlanta, GA Faith-based refugee assistance, resettlement work focus of UN panel Canon for Family Ministry Jackson, MS Curate Diocese of Nebraska Rector Bath, NC Rector Washington, DC Immigration, The Rev. E. Mark Stevenson, director of Episcopal Migration Ministries, right, and the Rev. Charles Robertson, canon to the presiding bishop for ministry beyond the Episcopal Church, preceding a panel event on the role of faith-based organizations in refugee assistance and resettlement held at United Nations Headquarters in New York on April 13.[Episcopal News Service] The American spirit of volunteerism, particularly it’s interfaith nature, is something that impressed Abdul Saboor when he first came to the United States as a refugee from Afghanistan, where he worked with the U.S. military in its operations there.“The community is willing to help people in need,” he said during a panel on “Finding a New Home: The Role of Faith-based Organizations in Refugee Assistance and Refugee Resettlement Work” held April 13 at the United Nations Headquarters in New York. “I saw Christians helping Muslims and Muslims helping Christians, I’d never seen anything like it.”When volunteers from various congregations offered to help Saboor and his wife settle into their lives in Syracuse, New York, it made no difference to him, he said, what faith tradition they came from, it just mattered that they cared. The volunteers’ actions inspired him to do the same.He started volunteering with Interfaith Works, an organization that provides resettlement and post-resettlement services to recent arrivals as they build a new life in the United States. Today he works for the organization as match grant program coordinator and he is a student at Syracuse University.The six-member panel event, organized in partnership with LDS Charities, was part of the U.N. Focus on Faith series, which explores how the work of faith traditions and faith-based organizations worldwide aligns with its mission to protect human rights and support sustainable development.During the 1930s in southern Ohio, the Episcopal Church began formally welcoming refugees fleeing Nazi Germany. In 1938, the Church created a poster depicting a well-known scene from the Gospel of St. Matthew. In it, Jesus is cradled in his mother Mary’s arms, as they along with Mary’s husband Joseph, flee their country after its government instituted an infanticide campaign.Faith-based organizations began working with refugees in during and after World War II, explained Barbara Day, domestic resettlement section chief at the U.S. State Department’s Bureau of Population, Refugees and Migrants. When refugees began fleeing Vietnam in 1975, a nationwide call for assistance went out to congregations who stepped up, she continued, in what was the start of modern-day resettlement program that was later formalized as a public-private partnership in 1980.Episcopal Migration Ministries is one of nine agencies – six of them faith-based — working in partnership with the State Department to welcome and resettle refugees. The agencies receive basic funding from the federal government to resettle refugees.“It is one of the greatest honors of my life that the presiding bishop of the Episcopal Church, Michael Curry, has asked me to serve as the director of a ministry that reaches so deeply into the core of what it means for me to be a faithful Christian,” said the Rev. E. Mark Stevenson, director of Episcopal Migration Ministries, during the event. “Our ministry among refugees brings hope to the hopeless every single day. It brings safety and opportunity to the vulnerable every day. It saves lives every day. As a person of faith, as a follower of Jesus, I have been blessed with no better work than this and I am thankful for it beyond words.”EMM resettled 5,762 refugees out of 85,000 resettled in the United States in the fiscal year 2016. Through its affiliate network, EMM provides direct assistance to recent arrivals. It also offers ways for congregations to engage in refugee resettlement in their communities and encourages Episcopalians to join the Episcopal Public Policy Network and advocate for policies that protect the rights of refugees and asylum seekers.In early April, in response to U.S. policy that will reduce by half the number of refugees resettled annually EMM announced that it will reduce the size of its 31-member affiliate network by six.Episcopalians’ involvement in refugee resettlement, however, doesn’t stop with EMM’s affiliate network.“All across this country our congregations work with affiliates of the other eight national agencies to welcome refugees,” said Stevenson, in places like The Woodlands, Texas; Milwaukee, Wisconsin; Baltimore, Maryland; and Allentown, Pennsylvania. “Volunteers help their new neighbors find homes, launch or relaunch careers or embrace new educational opportunities. The Episcopal Church takes seriously the divine calling to love our neighbor as ourselves by welcoming [the stranger].”EMM was the only refugee resettlement agency represented on the panel, but leaders of other faith-based organizations shared an overview of their work and partnerships.Islamic Relief USA doesn’t resettle refugees in the United States, but it does work to serve the humanitarian needs of refugees worldwide with the help of partners including LDS Charities, said Anwar Khan, Islamic Relief’s chief executive officer. Through a partnership with Episcopal Relief & Development, Islamic Relief USA is working to prevent violence against women and girls, he added.What started as assisting Ethiopians fleeing to Sudan led to helping Muslims in need around the world and eventually evolved into assistance “to everyone, everywhere,” said Khan.In 2017, the United Nations High Commissioner for Refugees estimates that 1.19 million refugees will need to be resettled. Worldwide, war and persecution have forced a total of 65.3 million people from their homes. Last fall, the U.N. General Assembly hosted the first-ever meeting of heads of state and government to address the large movements of refugees and migrants, aimed at unifying countries behind a more humane and coordinated approach.Since that meeting and following the election of President Donald Trump, the sentiment toward refugees, particularly Muslims, has begun to change. One of Trump’s first actions as president, for example, was to reduce the number of refugees admitted to the United States. And the wave of anti-immigrant, anti-refugee sentiment that began in Europe in recent years in response to the crisis in Syria, has continued.When Saboor first arrived in the United States, people had “lots of images and perceptions of me and my family,” he said.One way counter society’s preconceived and often negative notions of refugees and immigrants is to bring people together and encourage dialogue and in-depth, empathetic conversations, said Saboor.-Lynette Wilson is managing editor of Episcopal News Service. Rector Smithfield, NC Submit an Event Listing Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Bishop Diocesan Springfield, IL Refugees Migration & Resettlement Rector Knoxville, TN Rector Collierville, TN Rector/Priest in Charge (PT) Lisbon, ME New Berrigan Book With Episcopal Roots Cascade Books Advocacy Peace & Justice, Rector Albany, NY Rector Tampa, FL Rector Shreveport, LA The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Associate Rector for Family Ministries Anchorage, AK Priest-in-Charge Lebanon, OH Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Cathedral Dean Boise, ID Priest Associate or Director of Adult Ministries Greenville, SC Director of Music Morristown, NJ Rector (FT or PT) Indian River, MI Assistant/Associate Priest Scottsdale, AZ Curate (Associate & Priest-in-Charge) Traverse City, MI Course Director Jerusalem, Israel
ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/16057/goodman-house-preston-scott-cohen Clipboard United States Products used in this ProjectHanging LampsLouis PoulsenLamp – PH 5 + PH 5 MiniText description provided by the architects. A transported, restored and re-erected Dutch barn frame is contained in this house like a guitar in its case. The gabled barn form appears to turn outside in due to a passageway traversing the entire width of the house. Save this picture!The breezeway converts into a winter garden by means of slide up screen doors and roll down glass doors. Thermally transformable, the breezeway/winter garden saves energy costs while allowing visual access from the interior living space to the upper reaches of the unheated fifth bay of the barn structure.Save this picture!The clients’ affection for the antiquated timbers combined with their desire for an excessively lit and predominantly undivided interior did not allow for the reintroduction of the mezzanines and partitions that typically stabilize barn structures from within. Therefore, lateral structural stability has been reintroduced by a steel frame surrounding the barn. Save this picture!The enclosure wall with windows wraps the peripheral steel frame. It is as if nostalgia caused the emergence of a Modernist paradigm of construction more fitting to a commercial building than to a house. The relationship between compartmental and open spaces, small and large windows, refined and rustic structural components creates a rich and variable environment for living, entertainment, artistic production and exhibition.Save this picture!Project gallerySee allShow lessTrimo Urban Crash selects 19 short-listed projectsArticlesRMJM design Vista Center, LEED Platinum Office BuildingArticles Share CopyHouses, Adaptive Reuse•Pine Plains, United States Projects “COPY” ArchDaily Goodman House / Preston Scott Cohen Architects: Preston Scott Cohen Area Area of this architecture project CopyAbout this officePreston Scott CohenOfficeFollowProductsWoodSteel#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentAdaptive reuseWoodRefurbishmentHousesPine PlainsUnited StatesPublished on March 19, 2009Cite: “Goodman House / Preston Scott Cohen” 19 Mar 2009. ArchDaily. Accessed 12 Jun 2021.
43 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 4 November 2002 | News Duncan Green, Battersea’s Director General, said “We are not suffering a money crisis, as we have prudent trustees and staff and we have always spent within our means. However, we do have some major projects in the pipeline which will only be delayed if we rely on our current level of income.” About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Fiona Healey-Hutchinson joined the south-west London based animal welfare charity today.She joins after spending three years as Fundraising Manager at King Edward VII Hospital. She has worked for several charities including one she set up herself for children with AIDS. Her background includes PR, events and haute-couture as well as running her own business in flower distribution. Fiona joins the charity at a time when it needs to extend its London facilities and continue on its programme of improving its country satellite kennels. Battersea has not, until now, undertaken proactive fundraising but relied on voluntary and legacy income. The fundraising function has been set up as the Home became uneasy about relying solely on this income and felt the need to redress the balance between legacy (currently over 90% of the total) and donated income. Advertisement Battersea Dogs Home appoints new Director of Fundraising AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis
Howard Lake | 21 February 2008 | News 34 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis BT and Scope launch regular giving fundraising app on Facebook Scope is launching a Facebook application (or ‘app’) with help from BT to encourage Facebook users to show their support and help fundraise for the disability charity.Users can now add the iDonate application, developed by BT agilemedia, to their Facebook page and make a small donation to Scope. They will then have a special Scope badge displayed on their profile page. The badge can also be sent to friends as a gift to show their support for the charity and encourage others to add the application.All donations are collected securely by BT Buynet, BT’s own Payment Service Provider. There is a suggested minimum donation of £1.50.The badge remains on a user’s profile for one month when it can be renewed with a further donation if the user wants to make an ongoing commitment to the charity. As such it is one of the first Facebook apps to move from encouraging one-off gifts to regular or at least repeat donations.BT’s partnership with Scope includes support for the ‘No Voice, No Choice’ initiative, which campaigns for a legal right to communication aids. BT is also financing the Wheeltop Project, which will help develop bespoke communication devices for young disabled people with communication impairments.http://apps.facebook.com/scopeapp Tagged with: Digital Facebook
85 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Tagged with: Management Recruitment / people Tracy Griffin is new Director of Fundraising at Shelter Housing charity Shelter has appointed Tracy Griffin as Director of Fundraising. She joins Shelter from the NSPCC where she held a dual role of Head of Community and Head of Corporate Fundraising.She has over 20 years’ experience working with a variety of organisations including major UK and development agencies. She began her career at ActionAid working as a community and corporate fundraiser, and then ran large community, corporate, events and major gift departments at Save the Children and NSPCC.At NSPCC she helped create a multi million pound major donor department and community events programme, set up a community business board network, and oversaw the successful merger of the ChildLine operation into NSPCC fundraising.Griffin said: “I feel privileged to be joining such a strong team at Shelter and getting to grips with the variety of innovative fundraising streams the charity operates, while also looking at how we can develop new propositions to meet the expected increase in demand for voluntary income.”www.shelter.org.uk Howard Lake | 31 March 2011 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
SpainEurope – Central Asia Protecting journalists Citizen-journalistsPhotoreportageViolence SpainEurope – Central Asia Protecting journalists Citizen-journalistsPhotoreportageViolence June 2, 2021 Find out more Help by sharing this information Follow the news on Spain News Reporters Without Borders (RSF) is alarmed by the situation in Spain and issues a stern warning to VOX to put a stop to its violations of the freedom to inform. Campaign meeting of Vox party (AFP) RSF and 60 other organisations call for an EU anti-SLAPP directive Its attacks against journalists have intensified in recent weeks to the point that it has refused to let journalists from the PRISA media group’s outlets cover several of its press conferences, has promoted attack campaigns against journalists on social networks, and has harassed reporters in the field. These attacks violate the democratic principles that the party had to accept in order to participate in the elections, win seats in parliament and defend its ideology and political programme. RSF_en “If VOX persists in regarding journalism as its enemy, RSF will regard VOX as an opponent of press freedom,” said Pauline Adès-Mével, the head of RSF’s European Union and Balkans desk. “We cannot allow this political party to continue trampling on such a precious asset as the freedom to inform, and we will do everything in our power to make our concerns heard internationally and at every level necessary.” Several weeks before the start of the election campaign, VOX confirmed that it had decided not to talk to the newspapers El Diario.es, El Plural, Público, La Marea, El Español, El Mundo (except two of its journalists) and El País (in certain cases), the news websites Infolibre and CTXT, and the TV programmes “El Intermedio” (La Sexta) and “Todo es Mentira” (Cuatro) on the grounds that “they are activists, not journalists.” to go further Shortly before the election, the party went even further by banning PRISA media group outlets (including El País and radio Cadena SER) from covering its rallies after an El País editorial described Abascal’s discourse as “xenophobic and intolerant.” The authority that oversees elections campaigns and elections in Spain issued a warning to VOX, but that did not stop the party from barring PRISA journalists from its celebrations and press conferences on election night. News Receive email alerts Organisation News Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU In order to stop such undemocratic excesses in Spain, which is currently ranked 29th out of 180 countries in RSF’s World Press Freedom Index, RSF plans to provide its support and cooperation to media and journalists affected by these attacks. As a result of Spain’s general election on 10 November, the far-right party VOX is now the third largest political force in the Spanish parliament. Headed by Santiago Abascal, this party has been responsible for many press freedom violations. Two Spanish journalists killed in eastern Burkina Faso April 27, 2021 Find out more News November 13, 2019 RSF warns Spanish far-right party to stop violating press freedom December 2, 2020 Find out more
Faith & Religion News Inside the Miracle: A Reading and Conversation with Mark Nepo From STAFF REPORTS Published on Monday, March 28, 2016 | 2:23 pm Subscribe Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. First Heatwave Expected Next Week faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Name (required) Mail (required) (not be published) Website 12 recommended0 commentsShareShareTweetSharePin it HerbeautyFinding The Right Type Of Workout For You According AstrologyHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeauty18 Ways To Get Rid Of HiccupsHerbeautyHerbeautyHerbeauty11 Signs Your Perfectionism Has Gotten Out Of ControlHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeauty EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS More Cool Stuff Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Your email address will not be published. Required fields are marked * Top of the News Make a comment Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Business News Mark Nepo. Photo courtesy All Saints ChurchAccording to Rector Ed Bacon, “Mark Nepo is one of our national treasures.” That is because Mark inhabits that rare and beautiful consciousness that enables him to express the language of the soul. The words and energy flowing from the font of his heart not only make our lives more beautiful but heal us.”On Tuesday, April 5, 7:00 p.m. in the Forum at All Saints Church, begin the Easter Season with an evening of reflection and inspiration with Mark Nepo. Author of twelve books and six audio recordings, Nepo is best known for his New York Times #1 bestseller, The Book of Awakening and his newest book – “The One Life We’re Given: Finding the Wisdom that Waits in Your Heart” — is due out in July. Diagnosed in his 30’s with a rare form of lymphoma, that struggle helped form his philosophy of experiencing life fully while staying in relationship to an unknowable future.Register at http://bit.ly/1Un1QYz. The event is free. For more information contact Jamie Hebert at (626) 583-2733 or [email protected] All Saints Church is at 132 N. Euclid Avenue, Pasadena, directly across Euclid from Pasadena City Hall. Community News Community News
Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Business News Community News 12 recommended0 commentsShareShareTweetSharePin it While COVID-19 hospitalizations continue increasing, Huntington Hospital officials reported the facility is not near capacity.On Wednesday, 65 patients were being treated at Huntington, with nine admitted to intensive care units, up from three a week ago.The hospital is considering changing its data dashboard to include more information, including the number of patients being treated in ICU.The hospital has 47 intensive care unit beds and could set up 89 ICU beds if the need arises.The state is locked in a new surge of COVID-19 cases, and if trends continue, state officials fear intensive care units could be overwhelmed by Christmas Eve.“We are seeing a rapid increase of COVID-19 positive patients at our hospital. While the news of the vaccine is promising in the coming months, we are still in a pandemic today,” according to a statement issued by the hospital.“Huntington Hospital needs your help. We are asking the community to please forgo holiday gatherings, wear a mask, social distance, and practice hand hygiene so we can continue to provide essential care for the entire community.”On Monday, Gov. Gavin Newsom said he would consider further restrictions similar to the shutdown order implemented earlier this year, but with “modifications.”As of Wednesday, 52 of California’s 58 counties were in the state’s purple tier, which is the most restrictive in the state’s color-coded COVID severity system. Counties in the purple tier are restricted from opening schools, bars and restaurants are limited to outdoor or takeout service, and retail businesses are required to have limited access. Purple counties are also under a curfew.“We are sounding the alarm,” Newsom said earlier this week. “The spread of COVID-19, if left unchecked, could quickly overwhelm our healthcare system and lead to catastrophic outcomes.”Huntington Hospital is still far from its highest count of COVID-19 patients, which was 79 on April 29.Huntington Hospital President and CEO Lori J. Morgan said the facility could “potentially” provide up to 89 ICU beds, but staffing those beds might pose a problem “unless we were able to relax some of our nurse-patient ratios.’’Additional nurses who worked temporarily at Huntington during California’s initial surge of COVID cases have since moved on, making staffing for any potential ICU bed increase a worry, Morgan said.According to Morgan, three weeks ago the hospital’s seven-day testing average was 51, but has since more than doubled to 106.In June, city officials closed an auxiliary emergency facility set up at the Pasadena Convention Center where 250 beds were placed in case Huntington Hospital reached capacity. Name (required) Mail (required) (not be published) Website Top of the News HerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeautyBohemian Summer: How To Wear The Boho Trend RightHerbeautyHerbeautyHerbeauty11 Signs Your Perfectionism Has Gotten Out Of ControlHerbeautyHerbeautyHerbeautyVictoria’s Secret Model’s Tips For Looking Ultra SexyHerbeautyHerbeautyHerbeautyThink The Lost Weight Won’t Be Regained If You Stop Eating A Lot?HerbeautyHerbeauty Your email address will not be published. Required fields are marked * Make a comment STAFF REPORT First Heatwave Expected Next Week faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Subscribe CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News Huntington Hospital Increase in COVID-19 Patient Admissions Continues Facility is far from its capacity STAFF REPORT Published on Wednesday, December 2, 2020 | 4:20 pm More Cool Stuff Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena
Home / Daily Dose / Mortgage REITs Have Experienced Strongest Growth Since Recession The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Mortgage REITS (mREITs) have experienced strong growth in the decades since they debuted in the 1970s, but have enjoyed the greatest amount of growth in the years since the recession, according to a report from the Kroll Bond Ratings Agency (KBRA) released Wednesday.The mortgage portfolios and sector market capitalization of the 19 mREITs that debuted between 2008 and 2013 grew by more than 250 percent and 320 percent, respectively, according to KBRA.”This significant growth has been driven by a combination of factors including large amount of federal support for mortgage-backed securities (MBS) since the financial crisis coupled with strong investment demand for yield paying securities,” KBRA said in the report. “The US Treasury and the Federal Reserve took significant actions to stabilize the MBS market and to support MBS prices by purchasing $1.4 trillion of MBS between 2011 and 2013.”According to KBRA, another factor in the substantial growth of mREITs since the recession is the fact that they provide competitive yields for institutional and retail investors; the FTSE NAREIT Mortgage REITs Index was 11.25 percent as of June 30, 2015, compared to the S&P 500 of 2 percent. The strong dividend yields are achieved when mortgage REITs use leverage in order to multiply the interest spread earned between the interest paid to borrow and the interest earned on mortgage-backed securities, according to KBRA.Mortgage REIT portfolios have grown by more than $50 billion in equity and $7.8 billion in senior debt in both the residential and commercial financing sectors, driven by strong investor demand, according to KBRA. While the purchases and originations of residential MBS (both Agency and non-Agency MBS) has been responsible for much of that growth, there have been signs recently that commercial securities have contributed.Residential mREITs have been forced to find alternatives in order to maintain target dividends, due to the current environment of margin compression with high-yielding bonds replaced with lower-yielding securities while the cost of funding has stayed the same, according to KBRA. The Agency believes that mREITs have two choices in the situation – increasing leverage or diversification.Since most companies will likely face leverage limitations, which makes the second option, diversification is the “far more compelling” choice for traditional residential mREITs, according to KBRA. One company, Annaly Capital Management, diversified away from its Agency-only residential MBS business and into commercial real estate. Since focusing exclusively on residential MBS exposes portfolios to interest rate risk – the value of MBS in portfolios decreases as interest rates rise – venturing into commercial real estate should allow Annaly to offset challenges of rising interest rates. KBRA said it believes Annaly’s move of diversifying into commercial MBS will serve as a template for traditional mREITS that focus only on residential MBS.”The mortgage REIT sector experienced significant growth since the financial crisis, mainly driven by a low interest rate environment that favored its business model,” KBRA concluded in the report. “However, the current challenging environment of rising prepayments, margin compression and potential rising interest rates is forcing mREITs to evolve and expand from single-focus investment models.” Demand Propels Home Prices Upward 2 days ago About Author: Brian Honea Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Tagged with: Kroll Bond Ratings Agency Real Estate Investment Trusts REITs Residential Mortgage-backed securities Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe Share Save Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Previous: Agencies Publish Annual List of Nonmetropolitan Distressed and Underserved Areas Next: DS News Webcast: Thursday 7/9/2015 Mortgage REITs Have Experienced Strongest Growth Since Recession Related Articles Kroll Bond Ratings Agency Real Estate Investment Trusts REITs Residential Mortgage-backed securities 2015-07-08 Brian Honea July 8, 2015 1,374 Views Print This Post