first_img SHARE November-jump-for-ag-barometerAnother jump in the Purdue and CME Group Ag Economy Barometer has that metric now tied for the best of 2019. The barometer jumped for the second month in a row and went to 153 in November, a 17-point gain from October.Sentiment towards the ag economy improved in several areas, according to the 400 U.S. producers of crops and livestock who were surveyed in the middle of November. A rally in cattle prices and better than expected crop yields in many areas contributed, and Purdue ag economist graduate research assistant Kylie O’Connor says confidence in securing a trade deal with China is improving.“We have been asking farmers if they think it is likely or unlikely that the soybean trade dispute with China will be settled soon, and 57 percent of respondents in November said that a trade resolution was likely to come soon which is the most positive response we have had since we began posing this question in March of 2019,” she said. “We also asked farmers if they felt a trade resolution with China would be beneficial to U.S. agriculture and 80 percent said that it would be beneficial.”Those more immediate factors led the Index of Current Conditions to the biggest jump, going 38 points higher. The Index of Future Expectations rose 7 points, the result of a modest number of additional producers believing that current and future economic conditions will continue to improve.Optimism about making farm capital investments also improved. The Farm Capital Investment Index reached its highest reading since February 2018. The investment index improvement coincides with that strong Current Conditions Index move. Purdue says that suggests as farmer perspective of their own farm’s current situation improves, they are more favorably inclined toward making farm capital expenditures.This month’s report also looks at producers’ views on farmland values at both 12-months and 5-years out. Read the full November Ag Economy Barometer report at Purdue Ag News/CME GroupSubscribe to our free daily newsletter SHARE Home Indiana Agriculture News New Survey Says Farmers Feel Better About Ag Economy Facebook Twitter Leave this field empty if you’re human: center_img New Survey Says Farmers Feel Better About Ag Economy Previous articleVillwock, Kettler Part of AgrIInstitute’s Thought Leaders Panel at Expo on the HAT Tuesday Morning EditionNext articleTrump: No Deadline for Final China Trade Deal Andy Eubank By Andy Eubank – Dec 3, 2019 Facebook Twitterlast_img read more

first_img Related Articles Previous: Cash Sales Share Falls to Lowest Level Since September 2008 Next: CFPB Deputy Director Announces Departure Fannie Mae announced its intention to auction three pools of residential single-family non-performing loans (NPLs), the GSE’s second-ever bulk NPL sale.This sale includes two larger pools and a Community Impact Pool, which is a smaller geographically-focused, high occupancy pool. Fannie Mae is marketing the Community Impact Pool to encourage bidding by nonprofits and minority- and women-owned businesses (MWOB).The loans being offered for sale are deeply delinquent, sometimes by two years or more, meaning many of them are likely either in some stage of foreclosure or loss mitigation.”The goal of our non-performing loan sales is to be able to offer borrowers additional options to avoid foreclosure, while also reducing the number of seriously delinquent loans in Fannie Mae’s portfolio,” said Joy Cianci, Fannie Mae’s SVP for Credit Portfolio Management. “We hope to inspire opportunities for non-profit organizations, smaller investors, minority- and women-owned businesses and community groups to work together to help more borrowers avoid foreclosure and collaborate on neighborhood stabilization efforts. We recently held a training forum to bring diverse stakeholders together to explore ways to participate in upcoming NPL sales. We’ll learn and evolve our strategy over time to ensure we meet our goals.”Approximately 3,900 loans are contained in the two larger pools with an aggregate unpaid principal balance (UPB) of about $777 million, while the Community Impact Pool contains approximately 75 loans totaling about $11 million in UPB focused in the Tampa, Florida, area. The loans are available for purchase by qualified bidders and are being marketed in collaboration with Credit Suisse, Wells Fargo, and the Williams Capital Group, according to Fannie Mae.Interested bidders should click here to register for ongoing announcements, training, and other information related to the NPL sale, including information about specific pools. Interested nonprofits, MWOBs and community groups should contact Nadja Fidelia at the Williams Capital Group.Fannie Mae held its first-ever bulk NPL sale in May. That transaction included approximately 3,000 deeply delinquent residential single-family mortgage loans totaling about $762 million in UPB. The loans were sold in two pools; the winners were SW Sponsor and Neuberger Berman Fixed Income Funds.Bidders in NPL auctions must meet qualifications set forth by FHFA, Fannie Mae’s conservator. In early March, FHFA issued enhanced requirements for the buyers and servicers of Agency non-performing loans that call for bidders to identify servicing partners at the time of qualification and complete a questionnaire to demonstrate a record of successful loan resolution through foreclosure alternatives. As part of the new requirements, servicers who purchase non-performing Agency loans must apply a “waterfall of resolution tactics” before resorting to foreclosure. in Daily Dose, Featured, News, Secondary Market Servicers Navigate the Post-Pandemic World 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago 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. Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Deeply Delinquent Mortgage Loans Fannie Mae Loss Mitigation Non-Performing Loans 2015-07-16 Brian Honea Home / Daily Dose / Latest Fannie Mae NPL Sale Includes Smaller ‘Community Impact’ Pool Sign up for DS News Daily Latest Fannie Mae NPL Sale Includes Smaller ‘Community Impact’ Pool July 16, 2015 1,065 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Deeply Delinquent Mortgage Loans Fannie Mae Loss Mitigation Non-Performing Loans About Author: Brian Honea The Best Markets For Residential Property Investors 2 days ago Subscribelast_img read more

first_imgNew K-Ar and Rb-Sr data are presented for the age of part of the supposed late Palaeozoic/early Mesozoic metamorphic complex in West Antarctica (here renamed the ‘Scotia metamorphic complex’). These results, together with a review of other radiometric and palaeontological evidence, fail to confirm a pre-Mesozoic age for the subduction complex in this region although rocks belonging to the albite-epidote-amphibolite facies could be as old as Permian. Blueschists and greenschists from the South Shetland Is appear to be significantly younger and were probably formed, in part at least, during Cretaceous subduction.last_img read more