Google Street View put under scrutiny by German officials whatsapp Show Comments ▼ KCS-content Wednesday 11 August 2010 8:21 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorBrake For ItThe Most Worthless Cars Ever MadeBrake For ItTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite Herald THE German government said yesterday it will scrutinise Google’s promise to respect privacy requests by letting people opt out of its Street View mapping system and that it would be ready to intervene if necessary.The response to Street View has been overwhelmingly negative, even though Germans have been given assurances they can have images of their homes kept out.But Google’s announcement on Tuesday that it would allow Germans to stay out of Street View failed to allay fears that privacy would be compromised by the navigation system.Consumer minister Ilse Aigner said: “We’ll take a very close look at how effectively this works in practice and we’ll see from there.” More than 10,000 Germans have already formally requested their homes be deleted from Street View. Criticism from civil rights watchdogs will likely push that figure higher. Share Tags: NULL
Bus and train operator Stagecoach said it was producing strong profits despite harsh winter weather hampering some of its services. Like-for-like revenue growth for the financial year to date in UK Bus was 1.9 per cent, while UK Rail revenue grew 6.9 per cent, the interim management statement said.Revenue growth in North America was 8.2 per cent in the nine months to end-January. Virgin Rail Group revenue rose 12.6 per cent in the 40 weeks to 6 February.The group also said it had also secured a new debt facility. whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search AdsPeople-TodayWoman Files For Divorce After Seeing This PhotoPeople-Today Share Stagecoach boosted by revenue rise John Dunne Monday 7 March 2011 2:45 am Show Comments ▼ whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap Tags: NULL
Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Peter Stephens | Friday, 7th August, 2020 Forget gold and Bitcoin. I’d buy cheap stocks after the market crash to make a million The stock market crash has provided numerous opportunities for investors to purchase cheap stocks. Despite this, some investors may feel that other assets such as gold and Bitcoin offer superior growth prospects. After all, they have risen sharply in price of late, and may have outperformed some stocks over recent months.However, the track record of the stock market suggests that it offers long-term recovery potential. As such, and with gold and Bitcoin having their own risks, equities could prove to be a better means of making a million than other assets.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Cheap stocks: a buying opportunityThe stock market’s track record suggests that buying cheap stocks can be an effective means of making a million. It has always experienced periods of boom and bust, with neither of them lasting forever. Therefore, investors who can buy undervalued businesses during downturns can be among the biggest beneficiaries during the likely recovery.At the present time, the continued risk of a second market crash means that many shares are trading on low valuations. In some cases, they are not wholly merited due to the financial strength and competitive advantage of businesses in sectors that have long-term growth potential. As such, there appear to be opportunities for investors to purchase bargain shares, even after the stock market’s recent rebound from its decline in February/March.Clearly, some cheap stocks are unlikely to survive the challenging outlook faced by the world economy. As such, it is imperative for investors to try and purchase the best quality companies they can find, and to diversify across numerous industries and regions. This may reduce your overall risks, and help to provide sustained growth for your portfolio.Bitcoin and gold: attractive risk/reward opportunity?Of course, some investors may seek to avoid cheap stocks in favour of other assets such as Bitcoin and gold. While their prices may have risen sharply, they appear to offer less attractive risk/reward investing opportunities than a portfolio of equities.For example, gold’s appeal could deteriorate in the coming years as investor sentiment gradually improves. Furthermore, it currently trades close to a record high, which may indicate that there is limited scope for a price rise over the coming years.Similarly, Bitcoin may not be an attractive investment opportunity. Its limited size and ongoing regulatory risks could mean that its price level is overly generous. And, with the virtual currency lacking fundamentals, challenges in valuing it may mean that buying cheap stocks is a far more logical step for long-term investors.Therefore, while further difficulties may be ahead for stock market investors, low price levels and the recovery potential of equities mean that now could be the right time to buy a diverse range of companies to make a million. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Peter Stephens I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Image source: Getty Images.
You have entered an incorrect email address! Please enter your email address here Florida gas prices jump 12 cents; most expensive since 2014 LEAVE A REPLY Cancel reply Please enter your name here UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom Share on Facebook Tweet on Twitter Save my name, email, and website in this browser for the next time I comment. Please enter your comment! In the spirit of the premier of Bad Moms, the editors at Edmunds’ took a quick detour from their usual expert reviews to put together their list of best cars for “bad moms”.Inspired by Mila Kunis’ decision in the movie to trade her 2017 Chrysler Pacifica for a 1969 Dodge Challenger, the editors compiled the list below by asking real-life moms what car they’d get if they decided to just say “screw it” and be a little less perfect, rounding out the top 10 by adding a few of their own picks.Please see below for the list of top 10 cars for bad moms, and here full details behind each choice.10 Best Cars for Bad Moms2016 Jeep Wrangler – A badass car that’s poorly suited for mom duty, but perfectly suited for bad-mom duty.2016 Mercedes-Benz E63 S AMG Wagon – With 577 horsepower for optimum tire shredding, this Mercedes is more Madonna than June CleaverAny Used Honda Civic – For mom’s that want to go “Gone Girl” and disappear from the good-mom life, a Civic is a safe bet for a vanishing act2017 Porsche 718 Cayman – You’ll be forced to leave the kids (and significant other) at home when you leave for mom’s night out in this two-seater that can’t accommodate an infant seat2016 Audi R8 – For the mom that remembers her single days when she rocked a fun car like the Audi TT and has decided it’s good to be bad again2016 Volkswagen Beetle Convertible – If your midlife crisis comes with a side of nostalgia, the 2016 Beetle takes you right back to your youth without being told when you can and cannot drop the top2016 Ford Mustang Convertible – It’s a Mustang, need we say more?2016 Mini Cooper – A popular pick among our would-be bad moms, they’re cute, fun and the two-door Cooper S has bad mom written all over it2017 Aston Martin DB11 – An unusable backseat and James Bond’s car of choice makes this a no-brainer for any mom who wants to flaunt her new bad self2016 Dodge Challenger – The color names speak for themselves, with Plum Crazy and Furious Fuscia, you can’t help but feel a little naughty driving around in this TAGSmovies Previous articleObama Administration Visits Orange CountyNext articleSullivan earns “A+” from pro-family group Dale Fenwick RELATED ARTICLESMORE FROM AUTHOR
Architects: DPAI Architecture, Toms + McNally Design Area Area of this architecture project Projects Products used in this ProjectFiber Cements / CementsEQUITONEFiber Cement Facade Panel TectivaFraming:James VanAmerongenCity:HamiltonCountry:CanadaMore SpecsLess SpecsSave this picture!SectionText description provided by the architects. Originally built in 1939, the Hambly House is one of only a handful of Art Moderne houses to be found in Ontario. The original building, built for Jack Hambly, is a striking example of streamlined late Art Deco in Hamilton; the flat-roofed building sports an archetypal curved corner with speed-striped stucco walls, nautical-inspired detailing including a porthole window, and a prominent front door surround.Save this picture!© A. Marthouret / Revelateur-StudioThe house was purchased in dire condition in 2013 by new owners who wanted not only to rehabilitate the house but also to reimagine it. They recognized the opportunity to connect with their new neighbours through the process and product of the design by holding regular, open dialogue with their community from the project’s conception. They were also able to maintain a closely collaborative approach with the architects, construction managers, builders and consultants.Save this picture!© A. Marthouret / Revelateur-StudioThe design team’s unifying goal was to celebrate the bold, modern spirit of the existing house – a designated heritage building – while expanding square footage with an addition and renovation of its own time that forms both an aesthetic and functional response to what came before. The addition needed to be equally bold and use modern technology, but to do so quietly, with light, openness and transparency as a respectful gesture to its radical past.Save this picture!© A. Marthouret / Revelateur-StudioMajor moves of the comprehensive restoration and reinterpretation include the addition of a back dining room and loggia serving to open and expand the kitchen into the backyard, and a second storey living space wrapped in floor-to-ceiling glass, with a curved corner that mirrors the home’s original solid curve below. Celebrating the streamlined spirit of its Art Moderne design, the addition is governed by the same horizontal logic that organizes the existing façade, with the restrained machine age contours allowed free play between lightness and mass.Save this picture!Floor PlanThe original single-storey plan was significantly de-compartmentalized, allowing light, air and space to flow freely – a luxury afforded by a thorough revamping of the home’s underground waterproofing, along with a freshly insulated, airtight envelope with new true-to-original windows and freeze-thaw-proof stucco. Utmost care was taken to preserve details when possible, including the original ceiling plasterwork and marble fireplace in the main floor living room. Two of the three original bedrooms remain – the third being claimed by a mudroom off the backyard and a small living room nook.Clean, minimalist custom millwork unifies the completely refinished interior. A bright turquoise stove and fridge were brought from the owners’ former home and were the starting point for the kitchen design.Save this picture!© A. Marthouret / Revelateur-StudioThe rear-cantilevered volume of the upper storey adds a generous master bedroom with ensuite at the back, and a light-filled, expansive living area opening to a rooftop patio at the front. Highly visible to the street corner, this living room is a symbolic connection to the community as it announces a decisive transparency, a way of life that welcomes neighbours with open arms. Symbolism aside, the home’s new residents are practicing what they preach; they will be opening their home to the public as they celebrate the completion of the renovation.Save this picture!© A. Marthouret / Revelateur-StudioProject gallerySee allShow lessThe Living’s 3D Printed Airplane Partition is Designed to Mimic Bone StructureArticlesA Virtual Look Into Richard Neutra’s Unbuilt Case Study House #6, The Omega HouseArticles Share “COPY” The Hambly House / DPAI Architecture + Toms + McNally DesignSave this projectSaveThe Hambly House / DPAI Architecture + Toms + McNally Design Photographs Houses VRM Engineering Landscaping: CopyHouses, Extension•Hamilton, Canada 2015 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/780574/the-hambly-house-dpai-architecture-plus-toms-plus-mcnally-design Clipboard Area: 1200 ft² Year Completion year of this architecture project CopyAbout this officeDPAI ArchitectureOfficeFollowToms + McNally DesignOfficeFollowProductsWoodGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentExtensionHamiltonCanadaPublished on January 20, 2016Cite: “The Hambly House / DPAI Architecture + Toms + McNally Design” 20 Jan 2016. ArchDaily. Accessed 11 Jun 2021.
Howard Lake | 20 January 2008 | News The Complete Idiot’s Guide to Grant Writing with CDROM (Complete Idiot’s Guides (Lifestyle Paperback)) 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. 20 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis
Tagged with: Charities Aid Foundation Giving Tuesday payroll giving Research / statistics 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. 55 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis7 Charities Aid Foundation has received more than £500 million in donations to charities in 2015/16, the largest total amount that the charity has processed to date.Indeed, the level of giving among individuals and companies who use CAF to support good causes has risen for the fourth consecutive year.The total was revealed in CAF’s annual Trustees report, which shows that:a record £524 million was paid into charitable accounts by donors£462 million was distributed to charities via CAFThe difference in figures is due to many donors maintaining a balance in their CAF accounts with which to donate in the future.CAF receives and manages donations on behalf of:more than 250,000 individuals2,500 businesseswealthy philanthropists 56 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis7 Howard Lake | 10 August 2016 | News CAF handled more than £500m in donations for first time last year Advertisement CAF in 2015/2016The 2015/16 annual Trustees’ Report shows that:Regular givers donated £104 million to charities through CAF, an increase of £4 million on the previous year.Companies donated £85 million into CAF Company Accounts, up £3 million on the previous year.Employees of over 2,500 firms donated more than £76 using Give As You Earn, CAF’s payroll giving service.Major donors donated £164 million, up from £156 million the previous year.Major donors paid 10% more than last year into CAF Charitable Trust accounts and legacies compared to the previous year.In addition:CAF Bank has now loaned £46 million to charities: last year it loaned £20 million.CAF Donate, CAF’s online fundraising platform, helped charities raise £23 million.More than 1,400 charities and businesses took part in last year’s #GivingTuesday campaign, co-ordinated in the UK by CAF.CAF Chief Executive John Low said:“This incredible level of support for good cause is befitting of one of the world’s most generous countries. Much of these donations are paid out right away to tens of thousands of charities while others build up over time as people and businesses grow their philanthropic funds for the future.“Thanks to the generosity of CAF customers we have been able to support charities making a real difference to people’s lives, whether its building schools in Uganda, providing desperately needed new affordable housing closer to home or working with retailers to ensure that good causes feel the benefit of the plastic bag levy”.
March 8, 2021 Find out more May 7, 2015 – Updated on January 20, 2016 Mazen Darwish awarded UNESCO press freedom prize Damascus TV presenter arrested under cyber-crime law RSF_en March 12, 2021 Find out more SyriaMiddle East – North Africa SyriaMiddle East – North Africa (Photos credit : Karlis Miksons) News to go further Follow the news on Syria Receive email alerts News Help by sharing this information Toll of ten years of civil war on journalists in Syria UNESCO awarded this year’s Guillermo Cano Press Freedom Prize to Mazen Darwish, a Syrian journalist and activist imprisoned since 2012, for his more than ten years of work as president of the Syrian Centre for Media and Freedom of Expression. News Reporters Without Borders is posting the speech that his wife, Yara Bader, gave when receiving the prize on his behalf at a ceremony that UNESCO organized in Riga on 3 May to mark World Press Freedom Day.Bader, who has run the centre since Darwish’s arrest, spoke about her husband and the situation of freedom of information in a Syria devastated by war.The entire speech in English:”Ladies and GentlemenI stand before you today, filled with pride, but also with sorrow, Proud as the award is dedicated to Mazen, bit sad that Mazen is not here to receive it, but rather in a detention center very far away, far away from civilization.Preparing for my trip here I was asked wither Mazen could join this event via Skype or so… I was startled for a few minutes. I do hear about some European prisons where prisoners are allowed to communicate with the world. But Mazen and I, we come from a country where human rights are not respected, However, it is a country the people of which are standing up against the walls surrounding them, and are serious about their dreams of building a better future. What we are going through today might be similar to what Europe went through before, and I mean the leap into Enlightenment, and later on , the uncompromising rejection of despotism, where a human being can be detained in a 1 by 1 and a half meter dungeon, dark, damp, besides being proud and sad.I am also a little lost.I am nothing but a beginner, learning about journalism, and about freedom. And if we were all born free, or as “Schilling” put it already in the 18th century , Freedom is the Essence of Humanity, then I would say that only the very few who cherish with deep moral sense, and have awareness of moral responsibility such a profound ethos are really a free, fighting a lifetime in the struggle for freedom, they are truly free. Because I think that struggle is the road to freedom itself. Mazen Darwish is one of those few.He is a free actor, haunted with high responsibility ethical and awareness first and foremost. There for, more than 10 years ago, Mazen choose, with free will, to abandon so much, and return to his country, work in it and for it, within its context and under the overwhelming shadow if the oppression that rules it.As journalism is the most significant human activity operating in the face of absolute state power, as it breaks the state control over knowledge and information, Mazen, a lawyer and a has rights defender, chose to work as a journalist.”Word is a Basic Right, Defending it is a Basic Duty” was the slogan of the center Mazen established in Damascus 2004, aiming at monitoring the state of liberties in Syria, the violations against those who strive for their right of expression. Dedication, Mazen worked daily for more than 12 hours, to purplish information and monitors the authorities’ mechanisms to control information.As there is no free society in the shadow of authoritarian institutions compulsion, Mazen fight for transparency was a fight for The Right to Freedom of Information and the Right of Free Self Expression as basic rights for citizenship and human dignity. Always the struggle for free media within such context is an ethical struggle before anything else. In 2007, Mazen wrote that “the ongoing strive for the liberation of media from state control is one of the core elements of a real and comprehensive democratic transformation in the Arab World.His detention in early 2012 was a strong message of repression, not to Mazen alone, but to such a civil and peaceful movement of reason at large. But it cannot detain ideas, or free will, the despotic authority might be able only of depriving one of their ability to contribute and remain active, depriving the free choice to cherish the common notion that “there are no reliable alternatives out of this authority control”.In Spring 2011, Mazen wrote “no regime, government or group was ever able of monopolizong the truth, hiding it nor even concealing a its multi-facetted nature. Not even in the days of steel curtains and singular ideologies”.But today, in the age of telecommunication and social networking, the authorities rely on a “chaos of information” strategy… On creating a thick layer of fog that deprives a journalist of the necessary clear vision. Journalism as a creative process, has its aims and fixed principles, their mediums and actors who used those principles to achieve anti speech are changing, this system in need of a people who has ability to develop an active “general system” by their work that include free well and awareness of ethical responsibility.Mazen was standing up to this responsibility. His detention, and the persistent refusal to release him, is aimed at those principals, not only at his person.The targeting of prominent journalists, those who can contribute to a better and freer vision, has always been a field of excellence for authorities. Amid the madness of war, along this harsh and painful journey to freedom, we fight with our moral standards, professional tools, and with our free willThis is what I learned from you, MazenI need you, but I am fully aware that Syria needs you more than I do, as much as it needs ethical effectiveness and free press.Mazen would say:”To Inana and Adad, my children, I dedicate this award, years of my love that I have spent in the dark, are for you to live in the light, without fear of dreaming, of ideas, of words that you would and should saySo, for that, forgive my absence today”. Yara BaderDirector Manager –SCM & Dar YAM Wave of Kurdish arrests of Syrian journalists News Organisation February 3, 2021 Find out more
The Best Markets For Residential Property Investors 2 days ago About Author: Brian Honea New Reports Conclude Dodd-Frank Has Adversely Affected Main Street 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. Home / Daily Dose / New Reports Conclude Dodd-Frank Has Adversely Affected Main Street in Daily Dose, Featured, Government, News Community Banks Credit Unions Dodd-Frank House Financial Services Committee Main Street 2016-01-11 Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Will Obama Even Touch the Mortgage Industry in his Last State of the Union Speech? Next: CUNA: CPPB has ‘Overstepped the Boundaries’ With Expanded HMDA Rule Share Save Tagged with: Community Banks Credit Unions Dodd-Frank House Financial Services Committee Main Street The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Last year, the House Financial Services Committee held a series of hearings to examine the impact of Dodd-Frank on Americans during the fifth anniversary of the highly controversial Wall Street Reform legislation.The Committee has long held that the massive 2,300-page Dodd-Frank Act has brought on heavy compliance burdens that make it tougher on community banks and credit unions to offer the same level of service to customers that they had prior to the existence of the law. In addition, the Committee says it is tougher for creditworthy Americans to buy a home than it was prior to Dodd-Frank; indeed, they estimate that one in five borrowers who purchased a home with a mortgage in 2010 would not qualify under Dodd-Frank’s current underwriting rules.As more evidence that the effects of Dodd-Frank have been more harmful than helpful to businesses on Main Street, the Committee presented two recently-published reports this week: One from the Federal Reserve Bank of Dallas and a non-partisan study from the Government Accountability Office (GAO).The Dallas Fed report concluded that many community financial institutions may be “too small to succeed” in the era of the “regulatory onslaught” brought on by Dodd-Frank. The report pointed out that community banks, despite seeing a decline in market share down to about 19 percent of $15.9 trillion in total assets, still hold about 55 percent of small business loans and 75 percent of agricultural loans.“Notwithstanding the benefits community banks bring to the economy, practically no new banks have entered the market since 2008,” the Dallas Fed stated in the report.The report also spoke of the increasing compliance burden for banks, saying that “the playing field is becoming more uneven.”“Banks of all sizes and complexities have to hire compliance personnel to properly align their institutions with these new regulations,” the Dallas Fed stated. “But for smaller institutions, the compliance burden is likely greater.”The nonpartisan GAO’s report also indicated an “increased compliance burden” to community banks and credit unions, and that burden has “begun to adversely affect some lending activities,” such as mortgage lending to customers who would not typically be served by the larger banks. Not only that, but the GAO stated that “The full impact of the Dodd-Frank Act remains uncertain because many of its rules have yet to be implemented and insufficient time has passed to evaluate others.”The Credit Union National Association (CUNA) issued a statement on the GAO’s report, saying “It is our hope that Congress will thoroughly investigate the costs of regulatory burden as the full picture unfolds and more regulatory requirements become effective.”The House Financial Services Committee stated in its release that it is working to try to reverse the adverse effects of Dodd-Frank on Main Street.“In 2015, 28 Committee bills were signed into law, including six dealing with Dodd-Frank,” the Committee reported. “In 2016, we’ll be working to present proposals laying out a better vision for financial reform—bold ideas that promote more opportunities for low and moderate-income Americans, protect taxpayers from future Wall Street bailouts, and empower families and individuals to achieve financial independence.”Click here to view the full GAO report.Click here to view the full Dallas Fed report. Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago January 11, 2016 1,295 Views Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Print This Post Subscribe