Fannie Mae Completes Third Credit Insurance Risk Transfer Transaction

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily August 18, 2015 885 Views 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. CIRT Program Credit Risk Transfer Fannie Mae 2015-08-18 Brian Honea Fannie Mae Completes Third Credit Insurance Risk Transfer Transaction Servicers Navigate the Post-Pandemic World 2 days ago About Author: Brian Honea The Best Markets For Residential Property Investors 2 days ago Tagged with: CIRT Program Credit Risk Transfer Fannie Mae The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img Previous: Home Sales Up Year-Over-Year; Reach Highest Level Since 2008 Next: St. Louis Fed Casts Doubt on the Effectiveness of QE and Zero Interest Rate Policy Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Home / Daily Dose / Fannie Mae Completes Third Credit Insurance Risk Transfer Transaction Fannie Mae announced on Tuesday that it has completed its third Credit Insurance Risk Transfer (CIRT) transaction with the reinsurance industry since the program’s inception in 2014.The CIRT program is part of Fannie Mae’s continuing effort to reduce the risk to taxpayers by increasing the role of private capital in the mortgage market; with the CIRT program, credit risk on a pool of loans is shifted from taxpayers to a panel of reinsurers. The latest CIRT transaction includes the participation of an international reinsurer for the first time, according to Fannie Mae.”Through CIRT, we remain focused on finding new ways to build liquidity and move credit risk away from Fannie Mae. In this transaction we attracted new global capital, providing opportunities for reinsurers to gain exposure to the U.S. housing market,” said Rob Schaefer, VP for credit enhancement strategy and management. “We’ve focused on educating reinsurers on our company’s strategic approach to managing credit risk and to explore opportunities to work together. We want to continue to lead this space and grow the CIRT program as a repeatable, frequent structure, and increase the number of reinsurers we work with on these deals. We look forward to bringing similar transactions to market in the future.”The latest transaction, CIRT-2015-2, became effective on July 1, 2015, with Fannie Mae retaining the risk for the first 50 basis points of loss on an $8.1 billion pool of loans. Reinsurers would cover the next 250 basis points up to a maximum of about $202.5 million after the $40.5 million retention layer covered by Fannie Mae is exhausted. The coverage is provided based on actual losses for a term of 10 years, according to Fannie Mae.The loans in the pool for CIRT-2015-2 were acquired by Fannie Mae during a four-month period from April to August of 2014. The reference loan pool includes 30-year fixed-rate loans with LTV ratios between 60 and 80 percent.Fannie Mae is also reducing risk to taxpayers through other forms of risk transfer, including its flagship Connecticut Avenue Series (CAS) program. In mid-July, Fannie Mae announced a $1.56 billion credit risk sharing transaction under the CAS series, putting the Enterprise over the milestone of $10 billion in notes issued through CAS since the program began in October 2013. Through the CAS and CIRT programs combined, Fannie Mae has transferred risk to private investors on 60 percent of recent acquisitions and about $400 billion worth of loans. According to Fannie Mae, the transactions are structured so that the projected losses would be limited to the small first-loss piece of credit risk retained by Fannie Mae if the loans covered experienced the same stress as in the most recent housing crisis.For information on these transactions or on Fannie Mae’s approach to credit risk transfer, click here. in Daily Dose, Featured, News, Secondary Market Demand Propels Home Prices Upward 2 days ago Subscribelast_img read more

Ocwen Utilizing HAMP More to Assist Borrowers

first_img in Daily Dose, Featured, Loss Mitigation, News Home / Daily Dose / Ocwen Utilizing HAMP More to Assist Borrowers Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post About Author: Kendall Baer Ocwen Utilizing HAMP More to Assist Borrowers HAMP Mortgage Modifications Ocwen Financial Treasury 2016-07-08 Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago Ocwen Financial Corporation has initiated over 14,000 trial modification plans to borrowers under the U.S. Department of the Treasury’s streamlined modification program in six months since the program was launched in January 2016, according to an announcement from Ocwen.Over 4,100 of these trial plans granted to homeowners having difficulties with their mortgage payments were then converted to permanent modifications. These trial plans were introduced under Treasury’s Home Affordable Modification Program (HAMP), which was first launched in 2009 in response to the crisis and was broadened in January to include a “streamlined” modification process designed to more readily support borrowers meeting the HAMP eligibility criteria but not yet entering into the initial program.“The success of the HAMP program has proven to be a huge benefit to both homeowners and communities hard hit by the housing crisis. We are proud to be an integral part of that success, and we intend to dedicate the necessary resources to ensure that the program continues to accomplish its goals in the final year,” stated Ron Faris, President and CEO of Ocwen.Ocwen has been a HAMP participant since the program’s initiation in 2009 as well as an early adopter of the streamlined modification program. According to Treasury, through March 31, 2016, Ocwen has assisted homeowners in the ability to remain in their homes by modifying approximately 320,000 loans through HAMP. Modifications finalized by Ocwen stand as 20 percent of the total modifications completed by the mortgage servicers within the program.“Ocwen is excited about the additional families we have been able to reach through this new HAMP program. We will continue to assist struggling homeowners prior to the sunset of the HAMP program,” said Faris. “Ocwen is proud of its commitment and ability to help its customers remain in their homes, and this streamlined modification process allows more borrowers to obtain financial assistance through responsible loan modifications.” Previous: Counsel’s Corner: Look Out for Manufactured RESPA Lawsuits Next: NeighborWorks America Elects New Board Chairman July 8, 2016 1,627 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Demand Propels Home Prices Upward 2 days agocenter_img Tagged with: HAMP Mortgage Modifications Ocwen Financial Treasury Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 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 Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, TX. Born and raised in Texas, Kendall now works as the online editor for DS News. Share Save Subscribelast_img read more

Is the Mortgage Industry Ready for LIBOR’s End?

first_img 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 The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Share Save Previous: Fannie Mae Transfers $30.7B in Unpaid Principal Balance Next: Fannie Mae Invests $50M in Disaster Areas Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Government, News Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Seth Welborn Sign up for DS News Daily 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. Data Provider Black Knight to Acquire Top of Mind 2 days ago LIBOR, the London Inter-Bank Offered Rate, is nearing its end, and set to expire sometime after 2021, with the Secured Overnight Financing Rate, or SOFR taking its place. In the meantime, lenders and servicers must be prepared, and according to a study from the Urban Insitute, market participants will look to Fannie Mae, Freddie Mac, and their regulator, the Federal Housing Finance Agency (FHFA), for guidance on how to handle the shift from LIBOR to SOFR with minimal disruption to the US mortgage market.Jacqueline Doty, Executive, Product Management, Collateral Risk Solutions at CoreLogic, explained that the end of LIBOR will impact $1.2 trillion dollars in adjustable-rate mortgages.”It means that lenders with loans or lines of credit based on the LIBOR index will need to identify and review the terms of all of their LIBOR loans,” said Doty. “A portfolio of loans likely contains a wide variety of terms regarding LIBOR, and this will need to be assessed.”LIBOR’s end is likely to impact more than lenders and borrowers. According to Fitch Ratings, U.S. RMBS servicers showed an improved awareness of difficulties and implications tied to the anticipated expiration of LIBOR at the end of 2021.One challenging issue to resolve in the transition to a new index, Urban notes, is how to address the existing or legacy adjustable-rate mortgages.“These assets, which are in Fannie Mae and Freddie Mac mortgage-backed securities, as well as private-label securities and bank portfolios, generally allow the noteholder to choose a new rate if LIBOR is permanently discontinued,” said Urban.Also, a concern is the possibility of “zombie” LIBOR, if the Intercontinental Exchange continues to publish LIBOR. Some noteholders may continue to use this LIBOR index, which generally represents bank funding costs but is not necessarily tied to market rates, and other noteholders may switch to the more reliable market-based SOFR. This divergence could cause significant confusion among the 5 million homeowners with adjustable-rate mortgages. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago March 5, 2020 1,480 Views Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Is the Mortgage Industry Ready for LIBOR’s End? Fannie Mae Freddie Mac LIBOR SOFOR 2020-03-05 Seth Welborn Is the Mortgage Industry Ready for LIBOR’s End? Demand Propels Home Prices Upward 2 days ago  Print This Post Tagged with: Fannie Mae Freddie Mac LIBOR SOFOR Subscribelast_img read more

Forbearance Starts Slow But Overall Numbers Remain High

first_imgHome / Daily Dose / Forbearance Starts Slow But Overall Numbers Remain High About Author: Christina Hughes Babb The total number of loans now in forbearance remained unchanged relative to the prior week at 5.38% of servicers’ portfolio volume as of January 24, leaving 2.7 million homeowners in forbearance plans, according to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey, which tracks forbearance plans by types of loans and the volume and wait time for homeowners calling lenders to request forbearance.The MBA’s report showed:The share of Fannie Mae and Freddie Mac loans in forbearance down by 3.10% – a 1-basis-point improvement.Ginnie Mae loans in forbearance decreased 10 basis points to 7.51%.The forbearance share for portfolio loans and private-label securities (PLS) increased by 22 basis points to 9.16%.The percentage of loans in forbearance for independent mortgage bank (IMB) servicers decreased 2 basis points to 5.77%The percentage of loans in forbearance for depository servicers increased 1 basis point to 5.37%. Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles Forbearance Starts Slow But Overall Numbers Remain High Previous: Biden to Release Billions in Puerto Rico Disaster Relief Next: The State of Housing Finance Servicers Navigate the Post-Pandemic World 2 days ago Share Save February 2, 2021 1,095 Views Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Governmental Measures Target Expanded Access to Affordable Housing 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 in Daily Dose, Featured, Market Studies, News 2021-02-02 Christina Hughes Babb Servicers Navigate the Post-Pandemic World 2 days ago Subscribe The share of loans in forbearance was unchanged in the prior week, with a gain in the portfolio/PLS loan segment offset by declines in the Ginnie Mae and GSE investor loan categories. When servicers buy out delinquent loans from Ginnie Mae pools, they are reclassified as portfolio loans, which can lead to a decrease in the Ginnie Mae forbearance share and an increase in the portfolio/PLS share,” said Mike Fratantoni, MBA’s SVP and Chief Economist. “While new forbearance requests dropped slightly, the rate of exits from forbearance was at the slowest pace since MBA began tracking exit data last summer.”Fratantoni added, “Overall, the forbearance numbers have been little changed over the past few months. Homeowners still in forbearance are likely facing ongoing challenges with lost jobs, lost income, and other impacts from the pandemic.”Of the cumulative forbearance exits for the period from June 1, 2020 through January 24, 2021, 28.6% represented borrowers who continued to make their monthly payments during their forbearance period; 25.5% resulted in a loan deferral/partial claim; 15.6% resulted in reinstatements, in which past-due amounts are paid back when exiting forbearance; 13.4% represented borrowers who did not make all of their monthly payments and exited forbearance without a loss mitigation plan in place yet; 7.5% resulted in a loan modification or trial loan modification; 7.5% resulted in loans paid off through either a refinance or by selling the home; and the remaining 1.9% resulted in repayment plans, short sales, or deed-in-lieus.For the MBA’s full weekly forbearance findings, visit mba.org. Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Postlast_img read more

Homeowners Experience Largest Property Tax Hike in Four Years

first_imgHome / Daily Dose / Homeowners Experience Largest Property Tax Hike in Four Years Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Share Save in Daily Dose, Featured, Market Studies, News Previous: Some Things Are Better in Bulk Next: Reaction to CFPB’s Proposed Foreclosure-Avoidance Actions Homeowners Experience Largest Property Tax Hike in Four Years The average tax on a single-family home in 2020 was $3,719. In the year, local governments levied $323 billion in property taxes nationwide, according to an annual report from property data analysts at ATTOM Data Solutions.“Homeowners across the United States in 2020 got hit with the largest average property tax hike in the last four years, a sign that the cost of running local governments and public school systems rose well past the rate of inflation. The increase was twice what it was in 2019,” said Todd Teta, Chief Product Officer for ATTOM Data Solutions. “Fortunately for recent homebuyers, they have mortgages with super-low interest rates that somewhat contain the cost of homeownership. But the latest tax numbers speak loud and clear about the continuing pressure on both recent and longtime homeowners to support the rising cost of public services.”That said, the tax rate varies greatly by state, as we’ve reported in the past, and which ATTOM’s report has confirmed.ATTOM’s report showed taxes in the most expensive states are more than 10 times higher than in the least-taxed states.Data show states with the highest effective property tax rates in 2020 include New Jersey (2.2%), Illinois (2.18%), Texas (2.15%), Vermont (1.97%), Connecticut (1.92%), New Hampshire (1.86%), New York (1.68%), Pennsylvania (1.64%), Ohio (1.62%), and Nebraska (1.%).The lowest effective tax rates in 2020 were in Hawaii (0.37%), Alabama (0.44%), West Virginia (0.51%), Colorado (0.54%), Utah (0.54%), Tennessee (0.59%), Nevada (0.6%), Idaho (0.61%), Arizona (0.62%) and Wyoming (0.63%).Commenting on a February property tax study from WalletHub, which showed similar results to ATTOM’s report, University of Michigan Lecturer Stephanie Leiser says that most economists agree that property taxes are the best tax base for local governments.”Compared to other types of taxes, they tend to fluctuate a lot less from year to year, providing predictability for taxpayers and governments,” she said. “Property taxes are also relatively equitable, in that those with more resources tend to pay more, and those with fewer pay less.” Sign up for DS News Daily Subscribe April 8, 2021 841 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles 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 About Author: Christina Hughes Babb The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago 2021-04-08 Christina Hughes Babblast_img read more

Letterkenny fails in bid to become Ireland’s first “Tourism Town”

first_img Letterkenny has failed in its bid to be named Ireland’s first ‘Tourism Town’.The town was one of ten named at the Tidy Towns Awards earlier this year.This afternoon, Bord Failte confirmed the title has gone to Portmagee in County Kerry.The Tourism Towns Award was designed by Fáilte Ireland to promote those Irish towns and villages which are working hard to enhance their appeal to tourists visiting their local area.Portmagee will now receive a €10,000 grant towards developing itself as a tourism destination. Pinterest By News Highland – December 7, 2012 Twitter LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Guidelines for reopening of hospitality sector published Google+ WhatsApp News WhatsApp Twitter Pinterestcenter_img Facebook Previous articleGardai call on the public and business owners to help prevent robberiesNext articleMc Conalogue meets carers protesting outside Dail News Highland Calls for maternity restrictions to be lifted at LUH Google+ Almost 10,000 appointments cancelled in Saolta Hospital Group this week Facebook Letterkenny fails in bid to become Ireland’s first “Tourism Town” Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey RELATED ARTICLESMORE FROM AUTHOR Need for issues with Mica redress scheme to be addressed raised in Seanad alsolast_img read more

Anger as Nationalist songs are played over shopping centre’s PA system

first_img Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey WhatsApp Twitter Google+ Facebook Previous articleA third of Americans visiting Ireland plan to travel to DonegalNext articleBrothers amongst four stabbed in Strabane News Highland Pinterest Google+ There is anger in Derry over claims that nationalist songs were played over the PA system at Foyleside Shopping Centre on St Patrick’s Day.It is has been claimed the  Soldier’s Song and the Fields of Athenry were played over the speaker system at the centre during the course of the day.SDLP Derry City councillor Shaun Carr says he has been contacted by a number of people from the Fountain area of the town who conveyed their anger at this.He believes city centre spaces and areas used by all sections of the community should be free from controversy: Guidelines for reopening of hospitality sector published LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton RELATED ARTICLESMORE FROM AUTHORcenter_img Anger as Nationalist songs are played over shopping centre’s PA system Calls for maternity restrictions to be lifted at LUH Facebook Newsx Adverts Twitter WhatsApp Pinterest By News Highland – March 18, 2011 Almost 10,000 appointments cancelled in Saolta Hospital Group this week Need for issues with Mica redress scheme to be addressed raised in Seanad alsolast_img read more

Donegal people urged to take part in Right2Water demonstration in Dublin

first_imgHomepage BannerNews Facebook Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Need for issues with Mica redress scheme to be addressed raised in Seanad also Twitter RELATED ARTICLESMORE FROM AUTHOR Google+ Facebook A Donegal County Councillor is calling on the people of Donegal to take part in the latest Right2Water demonstration in Dublin tomorrow.Thousands are expected to descend on O’Connell Street for the protest which gets underway at 2pm.The demonstration is leaving from Connolly and Heuston stations and will converge on O’Connell Street at 2pm.It will be the fourth instalment of protests by Right2Water.Local Councillor Gary Doherty is urging the people of Donegal to make the trip to the capital:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/08/garyraw.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Pinterest Twitter Previous articleSchivo rejects claims that workers were not consulted over redunanciesNext articleHarps and Derry on the road tonight News Highland center_img LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Google+ Donegal people urged to take part in Right2Water demonstration in Dublin Almost 10,000 appointments cancelled in Saolta Hospital Group this week WhatsApp WhatsApp By News Highland – August 28, 2015 Pinterest Minister McConalogue says he is working to improve fishing quota 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Reportlast_img read more

DAAA now halfway through protest walk to Dublin

first_img Man arrested on suspicion of drugs and criminal property offences in Derry WhatsApp News Facebook Google+ DAAA now halfway through protest walk to Dublin Further drop in people receiving PUP in Donegal Pinterest A group of people from Donegal walking from Donegal to Dublin in protest against the Governments austerity measures are now over halfway through there journey.The Donegal Action Against Austerity members aim to arrive in Dublin to coincide with the household charge deadline, the next 3.1 billion euro bank payment and the Fine Gael Ard Deis.Today is the groups 12th day walking, and they are currently between Carrick-on-Shannon and Boyle in Co Rosscommon.One of the organisers of the walk, Joe Murphy, is calling on people to come and meet the group in Dublin on the 31st of March…….[podcast]http://www.highlandradio.com/wp-content/uploads/2012/03/joe1pm.mp3[/podcast] RELATED ARTICLESMORE FROM AUTHOR Previous articleCouncil begins disconnecting non – domestic water charge defaultersNext articleCouncil warns services will be hit if Household Charge isn’t paid News Highland Google+center_img 365 additional cases of Covid-19 in Republic Gardai continue to investigate Kilmacrennan fire Twitter WhatsApp Facebook Pinterest Main Evening News, Sport and Obituaries Tuesday May 25th By News Highland – March 21, 2012 Twitter 75 positive cases of Covid confirmed in North last_img read more

Disappointment as Strabane is over looked for ‘key funding’

first_imgNews Disappointment as Strabane is over looked for ‘key funding’ Google+ Main Evening News, Sport and Obituaries Tuesday May 25th WhatsApp WhatsApp Pinterest Twitter A Strabane District Councillor has expressed his disappointment that the town has been over-looked for funding to revamp derelict buildings in urban areas.Minister Alex Attwood announced this week that £1 million would be allocated to revamp town centres in Fermangh, Belfast, Lisburn, Moyle, Rosstrevor and Dungiven.Strabane District Council had applied for funding, but their application was deemed unsuccessful.Sinn Fein Cllr, Brian McMahon is urging Alex Attwood to rethink his decision:[podcast]http://www.highlandradio.com/wp-content/uploads/2013/02/bri830STRAB.mp3[/podcast] By News Highland – February 6, 2013 Previous articleNorthwest MEP comes out in favour of Financial Transaction TaxNext articleDonegal County Council says staff morale remains positive News Highland Facebookcenter_img Twitter Man arrested on suspicion of drugs and criminal property offences in Derry Facebook Pinterest RELATED ARTICLESMORE FROM AUTHOR 365 additional cases of Covid-19 in Republic Google+ Further drop in people receiving PUP in Donegal 75 positive cases of Covid confirmed in North Gardai continue to investigate Kilmacrennan firelast_img read more