“The Department of Labor’s decision to withdraw enforcement of the Occupational Safety and Health Administration’s small farm grain bin guidance is a positive step forward for agriculture. The American Farm Bureau Federation is optimistic that this action will result in OSHA’s compliance with the small farm exemption as required by law,” said AFBF President Bob Stallman after the agency made the announcement. “Farm safety is a top-of-mind priority for our farmers. Throughout the country, state and county Farm Bureaus conduct safety training programs and work to ensure that everyone who is working on a farm is trained and safe. We not only appreciate OSHA’s concern with grain bin safety, we are committed to grain bin and farm safety. But we also believe that the key to improving farm safety is a collaborative, cooperative process that was not helped by OSHA’s enforcement under the just-rescinded 2011 guidance document that was not consistent with the law,” Stallman added. DOL Withdraws OSHA Farm Policy By Gary Truitt – Feb 12, 2014 SHARE Facebook Twitter SHARE Facebook Twitter Stallman noted the issue had generated a good deal of concern both on the farm and in Congress, “Farm Bureau appreciates the efforts on this issue by the House Education and Workforce Committee, including Worker Protections Subcommittee Chairman Tim Walberg (R-Mich). We also commend Sen. Mike Johanns (R-Neb.) and Rep. Adrian Smith (R-Neb.) for coordinating bipartisan letters drawing attention to this important issue. We encourage DOL to reach out to farm groups to help develop additional farm safety programs. Preventative measures would better serve OSHA’s and the farm community’s shared goal of farm safety.” Home Indiana Agriculture News DOL Withdraws OSHA Farm Policy Previous articleSouthern Indiana Farmer to be Honored at Classic for 374 Bushel CornNext articleUSDA’s Vilsack to Address 2014 Commodity Classic Gary Truitt
Servicers Navigate the Post-Pandemic World 2 days ago Don’t Worry About Cash-out Refis Just Yet The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, News, Secondary Market Print This Post About Author: Radhika Ojha October 30, 2018 2,863 Views Cash-out Home Equity Homeowners loans mortgage Refinance Urban Institute 2018-10-30 Radhika Ojha Cash-out refinancing is rising, but the Urban Institute gives three reasons why the growing share is no reason for concern just yet.According to a blog by Urban Institute’s Housing and Finance Policy Center, the share of refinance loans where borrowers increase their loan balance to extract equity from their home has reached the highest point since 2008 and stood at 77 percent of total refinances in the second quarter of 2018. However, the volume of home equity cashed out was still below crisis peak totaling $15.8 billion during the quarter far below the highs between $75 billion and $85 billion during the pre-crisis years.Apart from the low volume, the report gave three additional reasons as to why it wasn’t time yet to ring the alarm bells.First, cash-out refinance share was strongly correlated with home price appreciation and rising interest rates. This meant that homeowners typically chose to refinance their mortgage to lower their monthly payment by obtaining a lower interest rate or to extract equity from their home. The current environment of rising rates and strong home price appreciation, the report pointed out, was driving the higher cash-out refinance share and as homes increased in value, borrowers got an added incentive to refinance their loans and tap into their mounting equity.According to the Urban Institute, the second reason was that the share of cash-out refinance to total production was in line with historic trends. Putting the numbers in context, the report said that Over the past few months, the overall refinance share of total mortgage loans was at or near the lowest point in years, largely because rising interest rates made rate refinances unattractive to most mortgage holders. “Refinance loans make up such a small share of total loan production—currently below 30 percent for Freddie Mac—so the cash-out refinance share of all loans is still within a reasonable range and below the dangerous levels of the crisis years,” the Urban Institute said in its blog.Lastly, the report revealed that borrowers were extracting less equity than they did during the financial crisis. Giving a historical perspective, the report said that in 2006, cash-out dollars as a share of refinanced originations peaked at 31 percent, meaning that borrowers then were extracting a significant portion of their equity. “Today, cash-out dollars as a share of all refinanced originations is 21 percent and has averaged just below 8 percent since the crisis. Part of this reflects the fact that Fannie Mae, Freddie Mac, and the Federal Housing Administration have lowered the maximum loan-to-value ratio for cash-out refinances, reducing the amount of cash that can be extracted,” the report said. Demand Propels Home Prices Upward 2 days ago Tagged with: Cash-out Home Equity Homeowners loans mortgage Refinance Urban Institute Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Previous: A Comeback With A Twist Next: Scaring Up Home Values The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Home / Daily Dose / Don’t Worry About Cash-out Refis Just Yet 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
Press Association Baker is determined to make the move to Holland a success and the spring board to success at Chelsea, where he has a contract at until 2019 and has been since the Under-9s age group. “I have got to give my best here every day in training and in every game, give 100 per cent with a view to going back to Chelsea an improved player,” he said. “Even if not next season, hopefully I will carry on going on until I can knock on that door and try and get into that first-team.” That is Baker’s long-term goal but for now he is only concerned about bringing success to Vitesse – something which appears unlikely in the Europa League given Southampton arrive for the return leg of their third qualifying round tie boasting a three-goal cushion. “Southampton finished the chances they had and hopefully we can do the same tomorrow,” said Baker, who has played with Saints’ James Ward-Prowse, Harrison Reed and Matt Targett in the England youth set-up. “Nobody has any doubt we can get something from the game and hopefully the fans can give the same support and we can get something from the game.” A number of younger players are making the move, though, with Vitesse capitalising on their Chelsea ties to coax English talent to Arnhem. Amongst those currently on loan with the Dutch side are Izzy Brown, Dominic Solanke and Baker, who believes experiencing life abroad can benefit club, player and country. “I am living by myself in a town that’s close,” said the England Under-20s midfielder, who last term spent time on loan at Sheffield Wednesday and MK Dons. “But I think a lot of the English boys maybe don’t want to try coming out abroad for some reason. “The first loan I did, I didn’t maybe want to go abroad, but seeing different cultures and different ways of playing I would advise (it) to young English players. “I think if you go and try different places, you pick up different things and different styles of playing. It’s just about experiences, I think. “Maybe not staying in England can benefit you, maybe it can benefit you staying. It depends what you are comfortable with. For me, I definitely think this is a good move.” The opportunity to play with Vitesse certainly appears to benefit all parties, with Nemanja Matic, Christian Atsu and Patrick van Aanholt amongst those to temporarily swap west London for the GelreDome. Lewis Baker believes more English players should take the plunge and try their luck abroad, with the midfielder confident his loan move to Holland with Vitesse Arnhem will boost his first-team chances at Chelsea. David Beckham, Owen Hargreaves and Ashley Cole are amongst just a handful of high-profile Three Lions internationals to have bucked the trend and plied their trade overseas in recent decades. The latter, upon signing for Roma last summer, said “English players are probably afraid to come abroad” and are in a comfort zone playing in the Premier League.