Garbage company dumping waste in housing scheme – CH&PA

first_imgThe Central Housing and Planning Authority (CH&PA) on Monday announced that it recently discovered that a garbage company has been dumping refuse in a specific housing scheme.It also revealed that over a two-and-a-half-month period, it has issued 3050 verbal warnings to residents of several East Bank Demerara communities owing to its rangers programme.Although much detail was not provided on the issue of the illegal dumping, the Housing Authority noted that it was made aware of the situation by concerned residents who even provided photographic evidence. The agency said it would be soon making contact with that company to have the issue addressed.The CH&PA on Monday also expressed appreciation to members of the public for supporting the rangers programme.“During the period, 3050 verbal warnings were issued to residents in communities on the East Bank of Demerara. Of the figure, 2229 were issued in April, while 313 written warning were issued of which 283 were issued in March. In April, 115 contravention notices were issued during the period,” it stated.It went on to inform that the issue of dumping of construction materials on roadways and parapets, blockage of interlocking drains with building material, parking of storage containers on parapets, and dumping of derelict vehicles and garbage on parapets were some of the matters dealt with.The CH&PA further reported that a “significant” percentage of residents have been since complying; however, there still remained rebellious persons who continue perform the act, but the Authority was working to address this.On another note, the CH&PA highlighted that it has received several complaints of violations in several housing schemes. The agency informed that their rangers “will only be working in housing schemes that were not handed over to town councils or Neighbourhood Democratic Councils [NDCs]. For communities that were handed over, we will advise residents to take their complaints to the relevant town councils or NDCs to have them addressed.”The agency, nevertheless, renewed its call to residents living in communities under its purview to adhere to the clauses agreed to in their agreements of sale, titles, and transports.In order to better monitor the development of infrastructure within the prerequisite policy framework, the CH&PA had introduced rangers to execute that function.Senior Development Planner Fayola Azore related that law enforcement for the Housing Authority has been a challenge and the introduction of rangers would significantly aid in combating that challenge.“We recently hired a number of rangers that will aid in our enforcement and they will be out there going around seeing things that are going up and bringing that information back to us,” she said.last_img read more

New Fannie Mae Portfolio Hits MSR Market

first_imgNew Fannie Mae Portfolio Hits MSR Market November 19, 2013 510 Views in Secondary Market, Servicing “”MountainView Servicing Group””:http://mvch.com/, a provider of mortgage servicing rights (MSR) transaction and valuation advisory services, announced it is acting as the exclusive sale advisor for a Fannie Mae portfolio valued at $152 million (unpaid principal balance).[IMAGE][COLUMN_BREAK]The portfolio contains 100 percent fixed-rate, first-lien loans with a weighted average interest rate of 3.66 percent (3.90 percent on the 30-year product) and no delinquencies. The average loan size of the offering is $286,682.Most of the mortgages in the portfolio come from California, New Jersey, and Florida, with those states representing 40.8 percent, 33.2 percent, and 14.0 percent of the offering, respectively.Matt Maurer, managing director at MountainView Servicing Group and lead advisor on the sale, says these kinds of offerings are becoming more common as competition over servicing rights grows.””Several of our clients are taking advantage of the aggressively bid mortgage servicing rights market,”” Maurer said. “”And with margins compressed and origination volumes down, selling servicing at a gain holds a lot of appeal.””Written bids for the portfolio are due Wednesday, November 20, at 2:00 p.m. Eastern.center_img Agents & Brokers Attorneys & Title Companies Fannie Mae Investors Lenders & Servicers Mortgage Servicing Rights MountainView Service Providers 2013-11-19 Tory Barringer Sharelast_img read more