Home / Daily Dose / 30% of Americans Missed June Housing Payments Share Save Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago June 10, 2020 2,776 Views Previous: The Industry Pulse: New Hires Across the Industry Next: Fed: No Change in Interest Rates Until Economy Recovers About Author: Seth Welborn Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Many renters and homeowners alike are missing payments, according to a survey conducted by Apartment List. The June rate is 30%, down slightly from 31% in May but up from 24% in April. Of those who have yet to make their June housing payment, one-third made a partial payment and two-thirds made no payment at all.Missed payment rates are highest for renters (32%), households earning less than $25,000 per year (40%), adults under the age of 30 (40%), and those living in high-density urban areas (35%).A large percentage of mortgaged homeowners are also feeling the pressure, as just over one-quarter are at least somewhat concerned their homes will be foreclosed on in the coming six months. Foreclosure concern is greatest among homeowners under 30 (48%), indicating that first-time homeowners may be feeling disproportionate strain. Other groups with elevated foreclosure concern include those with household incomes below $25,000 (52%), and those living in dense urban areas (47%).For renters, Apartment List notes that while the missed payment rate for mortgaged homeowners is just three percentage points lower than renters, the data indicate that homeowners are getting more assistance from their lenders than renters are from landlords. The survey asks which concessions (e.g., deferred or reduced payments), if any, are being made to assist with housing costs. Each month about 40% of renters who make less than a full payment say they made some such arrangement with their landlords. But for homeowners in a similar situation, the percentage who received a concession has steadily ticked up: from 44% in April to 47% in May to 53% in June.Despite many households missing payments at the beginning of each month, the majority have managed to close the gap with late payments over the following weeks. In April, nearly one quarter did not make a full on-time payment, but fewer than 10% remained delinquent by the end of the month. May showed a similar trend: the missed payment rate dropped from 31% at the beginning of the month to 11% at the end. in Daily Dose, Featured, Market Studies, News The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago 30% of Americans Missed June Housing Payments 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. The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: mortgage payments mortgage payments 2020-06-10 Seth Welborn
View post tag: usa Back to overview,Home naval-today NNSC Senior Member Visits USS George Washington View post tag: Naval Training & Education View post tag: Navy View post tag: member View post tag: visits Share this article View post tag: News by topic View post tag: George View post tag: NNSC View post tag: Senior August 29, 2012 View post tag: USS NNSC Senior Member Visits USS George Washington A member of the Neutral Nations Supervisory Commission (NNSC) conducted an overnight embark aboard the Navy’s forward-deployed aircraft carrier USS George Washington (CVN 73) Aug. 28-29. Swedish navy Rear Adm. Anders Grenstad, hosted by Rear Adm. J.R. Haley, commander, Task Force 70, visited George Washington for a firsthand view of daily operations aboard an underway aircraft carrier.“We always want to share with our partner navies and their senior officers our capabilities and how we conduct business,” said Haley. “We are fortunate to host the senior member of the NNSC, not only for him to see our part of the Korean peninsula vis-a-vis his role in the NNSC, but also because the experience of visiting George Washington is an event that he’ll be able to take back with him.”Grenstad visited several areas of the ship during his stay aboard the Nimitz-class aircraft carrier; he observed the launch and recovery of aircraft from the flight deck, stood with the ship’s landing signal officers as they assisted aircraft during landings, learned about the ship’s combat direction and air operations centers, and visited the ship’s weapons magazines.“George Washington’s deployments are part of a deterrent, so for us to come out here to see what the ship is doing is significant,” said Grenstad. “We are observing George Washington in action and that is part of our task working with the NNSC.”The NNSC was established by the Korean Armistice Agreement signed July 27, 1953, as an organization created by the United Nations Command to monitor and regulate the relations between the Democratic People’s Republic of Korea and the Republic of Korea. The four nations initially involved with the NNSC during its inception were Czechoslovakia, Poland, Sweden and Switzerland; nations whose combat forces did not participate in the hostilities in Korea. Today, the NNSC still hosts representatives from Poland, Sweden and Switzerland.“This is my third visit aboard George Washington, but this is my first time underway,” said Grenstad. “Standing on the flight deck during flight operations and feeling the wind and vibration of the deck was beyond words. I’m still amazed at the size of the ship and the technology aboard, but the crew is what impressed me the most. Whether they were working on the flight deck or in the galley, I enjoyed the professionalism and the friendliness of the Sailors.”George Washington and its embarked air wing, Carrier Air Wing 5 provide a combat-ready force that protects and defends the collective maritime interests of the U.S. and its allies and partners in the Asia-Pacific region.[mappress]Naval Today Staff, August 29, 2012; Image: Navy View post tag: Washington
With summer fast approaching, Terrapin Crossroads (San Rafael, CA) has announced the lineup for its Summer Kick Off Party featuring Phil Lesh & Friends on Sunday, June 12th. Grateful Dead bassist (and Terrapin Crossroads founder) Phil Lesh will be joined by Teresa Williams, Larry Campbell, Luther Dickinson, Jason Crosby, and Cody Dickinson for the outdoor celebration. The show will also feature an opening set from Scott Law & Friends, as well as many more surprise guests. The event will take full advantage of the venue’s beer garden space, offering batched cocktails, BBQ, and a variety of other food and drink stations. Tickets for the party are available here. For more information, visit the Terrapin Crossroads website.