in Data, Government, Origination, Secondary Market, Servicing President Addresses Housing Concerns, Demands Congressional Action In his State of the Union address, amid discussion of tackling the federal deficit and revising America’s tax laws, President Barack Obama gave special attention to the nation’s recovering but still-struggling housing market. [IMAGE]””Together, we have cleared the rubble of crisis, and can say with renewed confidence that the state of our union is stronger,”” Obama stated. “”Our housing market is healing, our stock market is rebounding, and consumers, patients, and homeowners enjoy stronger protections than ever before,”” he said.[COLUMN_BREAK]Obama acknowledged the progress that has been made in the housing market with rising prices, increasing home purchases, and an uptick on construction. However, “”even with mortgage rates near a 50-year low, too many families with solid credit who want to buy a home are being rejected,”” he said. Obama also proclaimed his support for expanding access to refinancing. In fact, a bill currently making its way through Congress would allow homeowners to save $3,000 annually through refinances, he said. In particular, the bill is aimed at helping underwater homeowners who are current on their mortgages but have been ineligible to refinance through the Home Affordable Refinance Program (HARP). “”What are we waiting for? Take a vote, and send me that bill,”” Obama said. Obama also reiterated his intent to provide support for struggling neighborhoods by rebuilding vacant homes. “”Let’s put people back to work rebuilding vacant homes in run-down neighborhoods,”” Obama said, adding that this year his administration will target 20 of the “”hardest-hit towns in America to get these communities back on their feet.”” This effort, known as “”Project Rebuild,”” was first introduced in the president’s “”American Jobs Act””:http://www.americanjobsact.com/ in 2011. Agents & Brokers Attorneys & Title Companies Barack Obama Credit Standards HARP Home Prices Home Sales Home Values Investors Lenders & Servicers Processing Refinance Service Providers 2013-02-13 Krista Franks Brock February 13, 2013 471 Views Share
in Data, Government, Origination, Secondary Market, Servicing, Technology Carrington Recognized for Enhancing Learning Services “”Carrington Mortgage Holdings, LLC””:http://www.carringtonhc.com/default.aspx announced it has been recognized with a 2013 Innovation Award for Enhancing Learning Services by Skillsoft.[IMAGE]Carrington was honored along with 12 other companies during a ceremony at the 2013 Global Skillsoft Perspectives user conference in mid-May. The companies were recognized for their efforts in elearning, recognizing innovative ideas, and inspiring leaders who are helping to transform the learning landscape.””We’re proud to recognize Carrington for their accomplishments in utilizing learning technology to drive results and engagement with their biggest asset–their employees,”” said John Ambrose, SVP of strategy, corporate development, and emerging business for skillsoft. “”We are happy to work with an organization that truly values the benefits of learning and strives to fully integrate it within its business model.””The 2013 Skillsoft Innovation Awards were judged by a panel of industry experts, including Mike Prokopeak of _Chief Learning Officer_, Catherine Upton of _Elearning! Magazine_, B.J. Schone of _eLearning Weekly_, and others.””Winning a Skillsoft Innovation Award for the second consecutive year is truly an honor. This esteemed recognition validates our company’s commitment to creating the dynamic learning culture we are so proud of today,”” said Lori Grigg, EVP of human resources for Carrington Mortgage Holdings, LLC. “”Our mission is to provide our associates with the most progressive learning opportunities available in our industry.”” July 2, 2013 478 Views Agents & Brokers Attorneys & Title Companies Carrington Company News Investors Lenders & Servicers Processing Service Providers 2013-07-02 Tory Barringer Share
Share Average mortgage balances ticked up over 2014, continuing a trend of yearly growth since the housing recovery kicked off in 2012.According to a report released Wednesday by credit reporting firm TransUnion, the average mortgage balance per consumer increased to $187,139 by the end of last year’s fourth quarter, up from $185,496 in Q4 2013.”Much of this gain can be attributed to those consumers who took advantage of a low interest rate environment to purchase homes with jumbo mortgage loans,” said Ezra Becker, VP of research and consulting in TransUnion’s financial services business unit.Going by a lagging indicator, the share of jumbo mortgages as a portion of all originations increased by 8 percent in the third quarter of last year compared to 6.8 percent a year prior and 5.8 percent in Q3 2012.The findings echo what the Mortgage Bankers Association (MBA) has reported for much of the last year. Though mortgage application activity has been weak overall among American consumers, MBA has seen a steady increase in demand for jumbo loans, spurring lenders to enhance their offerings in that line.TransUnion recorded 53.2 million mortgage accounts of as the fourth quarter, up from 52.9 million a year prior but down by more than six million compared to the end of 2009. For the third quarter, the company reported a 7 percent quarterly increase in new account originations, though that figure was still off from year-ago numbers by 20 percent. New account data is viewed one quarter in arrears to ensure all accounts are included.The greatest increase in mortgage balances came in the super prime risk category, categorized as consumers in the highest range of credit scores. Balances in that register rose approximately 3 percent in the last year, TransUnion said.At the same time, the risk tier composition of mortgage originations moved away from super prime and into lower groups. According to TransUnion, the super prime share of originations was 27.8 percent in Q3, down from 32.1 percent in Q3 2013. Meanwhile, the share of non-prime originations climbed from 14.5 percent in Q3 2013 to 16.7 percent in Q3 2014. in Daily Dose, News, Origination Mortgage Balances Rise in 2014 February 18, 2015 504 Views Jumbo Loans Mortgage Balances TransUnion 2015-02-18 Tory Barringer
Consumer Financial Protection Bureau Director Richard Cordray Leadership Structure 2015-11-10 Staff Writer CFPB Structure & Leadership Questioned by Lender in Daily Dose, Government, Headlines, News CFPB Director Richard CordrayThe Consumer Financial Protection Bureau (CFPB) has been the target of much scrutiny in the last year as new regulation unfolded and many questioned the structure and leadership within the government agency.CFPB Director Richard Cordray has been the target of much of the discussion surrounding the CFPB as the leader and decision-maker for the entity. As the head of the CFPB, Cordray is outside of the President’s oversight and control, which some say makes his appointment “unconstitutional.”A recent battle against the CFPB unfolded with a small community Texas bank filing a motion for summary judgement that sought to declaration that the formation of the bureau and 2012 recess appointment of Director Richard Cordray was unconstitutional.Continuing its battle against the CFPB, the State National Bank of Big Spring, along with its co-plaintiffs the Competitive Enterprise Institute and 60 Plus Association Texas, filed a motion for summary judgement Monday seeking “declaration that the Consumer Financial Protection Bureau is unconstitutional and the January 2012 recess appointment of Richard Cordray was unconstitutional.”The motion also noted that “all CFPB regulations promulgated during the time of Cordray’s illegal appointment and that impact plaintiffs are invalid and cannot be enforced against plaintiffs.”The motion for summary was filed in U.S. District Court for the District of Columbia against U.S. Secretary of the Treasury and former Chairman of the Financial Stability Oversight Council Jacob J. Lew.The suit originally came about after the bank was unable to continue issuing mortgage loans to lenders and complete wire transfers due to CFPB rules and was shot down by a lower court.Greg Jacob, a partner with the New York City-based firm O’Melveny & Myers LLP, which represents the plaintiffs, said in a prepared statement that the CFPB’s vast ability to regulate and enforce, without accountability, “cannot be reconciled with our Constitution’s requirement that government have checks and balances.”He went on to say, “ Regulations Richard Cordray published under his signature prior to his July 2013 confirmation–despite his attempt to retroactively ratify them with a notice in the August 2013 Federal Register–are invalid and must be struck down.”“Congress evidently saw the CFPB’s structural ‘independence’ as a salutary feature that it hoped would make it more energetic and effective,” the motion stated. “But the liberty-protecting value of checks, balances, oversight and accountability cannot be sacrificed at the altar of expediency.”In a public address in October, CFPB Director Richard Cordray defended his agency’s actions against those who say the industry is overregulated.“When we put those new regulations in place, some were critical of our work,” Cordray said. “For example, the ‘Ability to Repay’ rule requires lenders to make sure that borrowers actually have the ability to repay their loans before extending them a mortgage. Some enjoyed describing this rule, which was also known as the ‘Qualified Mortgage’ or QM rule, as the ‘Quitting Mortgages’ rule. They made scary predictions that our rules would cause mortgage costs to double and would cut the volume in half. They said that no one would make any non-QM loans because the risk of litigation was too great. They lamented that our rules would lead to the demise of community banks and credit unions, which would have to withdraw from the mortgage market altogether. We all recognize that change is hard, but we never believed any of this unsupported hyperbole.”Click here to view the full motion for summary judgement. Share November 10, 2015 572 Views
February 6, 2017 524 Views The shift of home stock from owner-occupied to rental status is a volatile one, ebbing and flowing with home prices, inventory levels, and market demand, according to a recent report commissioned by the Research Institute for Housing America (RIHA).In his report “Owned Now Rented Later?” Syracuse University Professor of Economics Stuart S. Rosenthal analyzed U.S. Census data from 2000 to 2014, as well as American Community Surveys and American Housing Surveys from 1985 to 2013. This data brought to light a number of noticeable trends in when—and why—occupied homes transition to rental properties.In general, Rosenthal found that homes are more likely to become rental properties as they age. “Between 2000 and 2014, roughly 6.5 percent of homes built prior to 2000 and 10.3 percent of homes built in the 1990s shifted from owner-occupied to rental status,” the report stated. Additionally, “With each passing decade, on average there is a net transition of roughly 2 percent of the housing stock into the rental sector.”Another big factor is the status of the owner’s current mortgage, with own-to-rent transitions more common when an owner is under water—or nearing that point.“For homes modestly underwater, with current loan-to-value ratios (CLTV) between 100 and 120 percent, the own-to-rent transition probability is 1 to 2 percentage points higher than for comparable homes that are not under water. For homes that are deep under water, with CLTVs greater than 120 percent, the own-to-rent transition probability is 6 to 8 percentage points higher.”If the underwater home is an in-demand property, the likelihood of it transitioning to a rental property is even greater.“Further analysis reveals that these transitions occur primarily for housing types for which there is ample demand in the rental market. For underwater properties that have characteristics that limit demand in the rental sector, transitions to rental status largely do not occur.”The report found that home prices also impacted the volume of own-to-rent transitions. This is likely because higher-priced homes lend themselves to more investment activity and, therefore, more purchases, Rosenthal reported. “Findings also indicate that short run transitions of housing stock can be much larger in magnitude and are especially sensitive to changes in housing prices, with rising prices drawing rental units into the owner-occupied sector and falling prices having the opposite effect.”When the former happens, the report suggested, it could undercut demand for new construction and drive buyers toward purchase previously rented properties instead.“For the nation overall, notice that while home prices had returned to their 2007 peak as of 2016 Q2, permits for single-family building construction were still far below their 2005 peak and were down roughly 40 percent from 2000 levels.”According to the report, much of the nation’s housing stock is still shifting toward the rental sector; this is likely a large factor in why new construction has seen a slow recovery since the housing crisis.“The national homeownership rate has fallen almost continuously since 2006, reaching a low of just below 64 percent in the second quarter of 2016. On net, therefore, housing stock is likely still shifting towards the rental sector which makes it too soon to look for much reversal of post-2007 own-to-rent transitions of housing stock.” in Featured, News, Origination Owned Today, Rented Tomorrow Homeownership Rate underwater homes 2017-02-06 Staff Writer Share
You might also be interested in September 26 , 2018 Karlee Osner, Hired Man’s Grocery & Grill, Inc., Conway Springs, KS1 to 6 registers 1st Place: Jackie Hanson, Broulim’s, Shelley, ID7 or more registers1st Place, $1,000 prize: Joe McGarry, Schnucks, Edwardsville, IL2nd Place, $800 prize: Dean Goncalves, Price Rite Cranston store #372, Cranston, RI3rd Place, $600 prize: Brandon Everett, Rouses #22, Slidell, LA4th Place, $400 prize: Christopher Higgins, Rouses Markets, Mandeville, LAHonorable Mentions, $200 prize eachAngel Patino, Angelo Caputo’s Fresh Markets, Elmwood Park, IlPhilip Abercrombie, Winn Dixie Store 0500, Pinson, ALAmparo Cox, Rouses #28, Metairie, LAWilliam Oelrich, Trig’s, Rhinelander, WIJulia Johnson, GE Foodland 3, Dallas, TXJulia Johnson, GE Foodland 52, Fort Worth, TXJulia Johnson, GE Foodland 53, Forest Hill, TXRussell Varga, Chucks Produce and Street Market, Vancouver, WA7 or more registers 1st Place: Joe McGarry, Schnucks, Edwardsville, ILAbout the National Mango BoardThe National Mango Board is an agriculture promotion group supported by assessments from both domestic and imported mangos. The board’s vision, to bring the world’s love of mangos to the U.S., was designed to drive awareness and consumption of fresh mangos in the U.S. marketplace. One cup of the superfruit mango contains 100 calories, 100% of daily vitamin C, 35% of daily vitamin A, 12% of daily fiber, and an amazing source of tropical flavor. Learn more at mango.org. PRESS RELEASEOrlando, Fla – The results are in for the National Mango Board’s (NMB) eighth annual Mango Mania Display Contest. Participating retailers –big and small, built beautiful and impressive displays that delighted and educated consumers in grocery stores nationwide. Over $8,000 in incentives were awarded to the winning stores.Every store was a winner of a $15 digital gift card just by entering the contest. Plus, stores that included Tajín in their displays received a second $15 digital gift card. These incentives created great buzz throughout produce departments across the country. Stores were encouraged to use NMB’s point-of-sale (POS) materials that showcased selection, cutting, and nutrition messages to educate shoppers; as well as use their own creativity and props into the catchy displays.The NMB received 135 eligible entries, which were judged based on creativity of the display, visual appeal, and effectiveness in educating customers about mangos. “It is always amazing to see how the mango love is spread through all the grocery stores that participated in the contest,” stated Valda Coryat, Director of Marketing at the NMB. “The competition was fierce! But it certainly showed us that retailers are excited to promote mangos. This contest is always a great way to get retailer engagement as well as boost mango sales and movement.”The top winners in each category include:1 to 6 registers1st Place, $1,000 prize: Jackie Hanson, Broulim’s, Shelley, ID2nd Place, $800 prize: Christopher Payne, Clifton Market Cooperative, Cincinnati, OH3rd Place, $600 prize: David Dozier, GFF Foods, Moore, OK4th Place, $400 prize: Robert Eaken, Winn Dixie, Tampa, FLHonorable Mentions, $200 prize each:Elaine Barlow, Bee’s Marketplace, Centennial Park, AZAlex Frazier, Rouses #15, Houma, LAJulia Johnson, Elrod’s Cost Plus, Dallas, TXJulia Johnson, GE Foodland 6, Arlington, TXJulia Johnson, GE Foodland 7, Arlington, TXJulia Johnson, GE Foodland 9, Fort Worth, TXJulia Johnson, GE Foodland 51, Dallas, TXJulia Johnson, GE Foodland 54, Waxahachie, TX
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Top Stories Cardinals expect improving Murphy to contribute right away D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ What an MLB source said about the D-backs’ trade haul for Greinke Nevada officials reach out to D-backs on potential relocation Over the years of Ken Whisenhunt’s tenure as head coach ofthe Arizona Cardinals, there has been a lot of turnoverwithhis coordinators.This year, Ray Horton became Whisenhunt’s third defensivecoordinator in his five years at the helm. And there’s atleast a possibility that Whisenhunt will need to searchforanother d-coordinator for the 2012 season.According to ESPN’s Adam Schefter, the Cardinals’assistant is going to be interviewed by an NFC West foeabout their head coaching position. Comments Share
Grace expects Greinke trade to have emotional impact Top Stories For a quarterback who has never been shy about slinging the football down field, the former Heisman Trophy winner believes the Cardinals’ playbook is perfectly suited for his skill set.“I love (the offense),” said Palmer. “I’ve been a fan of (Bruce Arians’) offenses for years. I’ve played against them and seen them on film a ton. Not only are the plays in the playbook great, but he has great timing. He sets up and gets mismatches, gets bigger, faster guys on slower guys and finds ways to get the ball to guys like Larry Fitzgerald and Michael Floyd.“I’m a big fan, I’ve been a big fan of it. Now to be in this offense and have him calling the plays is very exciting for me.” Former Cardinals kicker Phil Dawson retires While the selection of Cooper was by no means considered a sexy pick, for a team that allowed a league-high 58 quarterback sacks in 2012 it was certainly the safe choice.Palmer was asked if he had any concerns about a lack of pass protection following his trade to the Cardinals, but the two-time Pro Bowler said he thought the offensive line’s woes had more to do with health than an absence of talent.“It’s something you hear about,” said Palmer. “But, every year is a new year. You look at last year, and they had catastrophic injuries all the way across the board. They lost their anchor in Levi Brown in the first week of preseason, and guys just had freak injuries all the way across the board.“Four of the five guys were hurt, and they’ve all battled back to get healthy. Obviously, with the addition of Jonathan (Cooper) and a couple other guys in the draft, we’re looking to turn that around and improve in that category.”Palmer, who threw 35 touchdowns and 30 interceptions in two seasons with the Oakland Raiders, hasn’t even been in the Valley for a month yet, but already he admitted he’s ecstatic to be leading Bruce Arians’ offense. Comments Share The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Derrick Hall satisfied with D-backs’ buying and selling Count Arizona Cardinals starting quarterback Carson Palmer among those pleased with the job general manager Steve Keim did in the NFL Draft over the weekend, especially with the team’s selection of guard Jonathan Cooper with the No. 7 overall pick.“Any time you pick an offensive guy in the first couple rounds, I’m greedy I always want more offensive weapons, and we’ve got some exciting ones coming in,” Palmer told the NFL Network Tuesday.
Derrick Hall satisfied with D-backs’ buying and selling Former Cardinals kicker Phil Dawson retires Comments Share The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo On facing the Cardinals defense on a daily basis…“It’s a challenge. The personnel is very well built. But more than anything, it’s the scheme. Coach (Todd) Bowles puts in a new defense every day, a new blitz every day. You can’t get a beat on what you think is coming. He’ll show you a look where they’re bringing one free safety one day and then they’ll have the exact same look four periods later in practice and it’s a blitz from the other side of the field that looks exactly the same. They do a ton, and it’s very well built and very well orchestrated. I have a ton of respect for the way he coaches those guys and the way he prepares them and changes things up consistently.”On the goals for the preseason opener“Just being efficient. I don’t know how many reps we’ll get, but whether it’s one drive or two drives, you want to go down the field and score and not settle for a field goal; and just see us be efficient, see the mental errors disappear and just see guys controlling what they can control and doing their jobs.” And getting hit; have you shared that with your offensive line? “No, I don’t want those guys knowing that. It’s just kind of something I’ve learned over the years and experienced year in, year out going through preseason and getting into the regular season. If we miss a block here or there, that’s OK.”It really does help get ready for the regular season…“You can’t replicate standing up and just getting slammed into and knocked a couple of feet in the air, then hitting the ground and rolling. Your body is not used to it. You can lift weights—there’s a million things you can do—but unless you do that, your body is not used to it. It just gets your muscles used to that soreness, that type of soreness.” – / 13 GLENDALE, Ariz. – Quarterback Carson Palmer, now in his second year with the Arizona Cardinals, meets with the media several times during training camp.Here, in this space, we’ll highlight many of the key topics and personnel conversations he has with reporters following the morning walk-through:On looking forward to the first preseason game against the Houston Texans…“I actually always hope to get knocked down a bunch of times during the preseason just because if you don’t, you get to Week 1 of the regular season, Week 1, 2, 3 and if your body is not used to being that kind of sore because it’s so rare — it only happens five months a year — that soreness kind of lingers on through the week for a little bit longer, so I like to get that soreness out of the way before the regular season starts.” Top Stories Grace expects Greinke trade to have emotional impact
“3” is also the minimum number of games by which the Cardinals lead their NFC West opponents. 12,000Fitzgerald’s 22-yard reception in the first half put him over 12,000 career receiving yards. At 31 years and 77 days of age, he’s now the second-youngest player to achieve the honors (Randy Moss was 30 years and 306 days old). 22-yd rec put @LarryFitzgerald over 12k rec yds; at 31 yrs, 77 days is 2nd youngest to 12k (Randy Moss 30y-306d) pic.twitter.com/lNgXHE76pG— MarkDalton (@CardsMarkD) November 16, 2014 0 Comments Share A monster sack by Jerraud Powers followed by a wrap-up by Larry Foote and botched Lions snap set up another three-and-out for Detroit. Defensive mission accomplished. And finally, the offense returned the favor. An 11-yard zinger from Stanton to Larry Fitzgerald got the Arizona first down with two minutes left, and Detroit’s lack of timeouts sealed it. The Arizona Cardinals defense did just about everything it could to win Sunday’s game against the Detroit Lions. Calais Campbell and his crew were undoubtedly sore after the 14-6 victory, during which they allowed only 262 total yards and 11 first downs and forced 10 three-and-outs. Two quick first-quarter touchdown passes from Arizona quarterback Drew Stanton (who started in lieu of an injured Carson Palmer) to a previously quiet Michael Floyd put Arizona up early. Detroit could only answer with two field goals and at 14-6 the score stayed. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo With just over 11 minutes left in the game, a Cardinals punt was stopped at about the half-yard line. Yet as Arizona’s Justin Bethel gained possession of the ball and realized he was falling backward into the end zone, he shoveled the ball to a teammate, who then tipped it right into the hands of Detroit’s Jeremy Ross for a 49-yard return. Cardinals coach Bruce Arians challenged the play, arguing that Bethel had possession of the ball at the 1. After a review, Arians won the challenge and the Lions had to start from the 1.And once again, the Cardinals defense saved the rest of the team’s score-starved behinds by making a huge stop on Detroit’s resulting fourth-and-one. Yet again Arizona could not capitalize offensively, and so after a three-and-out, the defense jogged back on the field once more. Seems almost unfair to ask anything more of the defense, but that’s where the Cardinals are at. Do they have one more stop in them?— Adam Green (@theAdamGreen) November 17, 2014 Arizona will face the Seahawks (6-4) on the road on Nov. 23. Top Stories What did the Cardinals’ victory look like by the numbers? 6-0Arizona has now won every single home game thus far in 2014. The six victories at University of Phoenix Stadium have helped with the 91-game sellout streak. Additionally, the Cardinals sit at an NFL-best 9-1 for the first time since 1948 and have won their last six consecutive games. 9-1 for the first time since 1948. #DETvsAZ pic.twitter.com/cUEwVcFVFB— NFL (@nfl) November 17, 20146:06Arizona’s two quick touchdowns — the second at 6:06 in the first quarter — were followed by a scoring drought for the rest of the game. In fact, as Arizona Sports 98.7 FM‘s Craig Grialou pointed out, Stanton’s game looked a little like this: — 6-8 for 129 yards and two touchdowns in his first two possessions— 8-13 for 91 yards and two interceptions in his next six possessionsDespite this, Stanton had a career day, completing 21 of 32 passes for 306 yards, two touchdowns and two interceptions. 2-54Floyd’s only two receptions of the day were both for the only two touchdowns Arizona would score. John Brown was Stanton’s target of choice with five receptions for 69 yards — an average of 13.8 yards per catch. Former Cardinals kicker Phil Dawson retires 3Detroit had previously acquired a reputation for fourth-quarter comebacks — they had three on the season before they came to Arizona. The Lions’ attempt at a fourth fourth-quarter comeback this season was solidly stopped by the Cardinals defense, who completely shut out Detroit in the second half. Peterson w/@PaulCalvisi postgm, “(Bowles) is probably the best halftime adjustor I’ve ever been around” #DETvsAZ— Craig Grialou (@CraigAZSports) November 17, 2014 Derrick Hall satisfied with D-backs’ buying and selling Grace expects Greinke trade to have emotional impact
“Is he ever going to get there?” Arians said of his thought process. “They had played man-to-man and we had taken everybody across the field. I knew he had a chance. Just don’t hurt yourself on the way.”Palmer’s entertaining touchdown jaunt didn’t end there. He actually got close to hurting himself when he spiked the ball in the end zone and simultaneously rolled to the ground.Carson Palmer spiked the ball and himself. Impressive. pic.twitter.com/i1jrT8jj4k— Mike Tunison (@xmasape) November 29, 2015Palmer finished the game having completed 24-of-40 passes for 271 yards on top of his seven-yard score that helped the Cardinals avoid the Niners’ upset bid. – / 21 If you have issue with Cam Newton’s TD celebrations, you’re really going to hate Carson Palmers. pic.twitter.com/KV4RMUADhJ— HoldenKushner (@Holdenradio) November 29, 2015 Top Stories 0 Comments Share Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Derrick Hall satisfied with D-backs’ buying and selling Grace expects Greinke trade to have emotional impact Carson Palmer’s go-ahead touchdown run gave his Arizona Cardinals a 19-13 victory against a stingy 49ers squad, but the importance of the touchdown may have been lost behind how it happened.As you can imagine, the 35-year-old isn’t so graceful on his feet.But when the majority of the 49ers went to the right side of the field in man-to-man coverage, it left half the field open. Arizona coach Bruce Arians told Arizona Sports 98.7’s Paul Calvisi that he believed Palmer would have room to run the seven yards to the end zone, but he wasn’t exactly confident while watching the play develop.
(AP photo) The Arizona Cardinals placed guard/tackle Earl Watford on injured reserve Tuesday with a hand injury. In a corresponding move, the team also elevated safety D.J. Swearinger from the practice squad to the active roster.A third-year pro, Watford started the first two games of the season at right tackle but has played sparingly since. He was inactive Sunday in St. Louis.Swearinger was signed by the Cardinals on Dec. 1. A 2013 second-round pick out of South Carolina by the Houston Texans, he has career totals of 109 tackles, three interceptions, 10 passes defensed, one sack, four forced fumbles and two fumble recoveries. Grace expects Greinke trade to have emotional impact The Cardinals’ next game is Thursday at home against the Minnesota Vikings. Kickoff is set for 6:25 p.m. and the game can be heard on Arizona Sports 98.7 FM. Derrick Hall satisfied with D-backs’ buying and selling Former Cardinals kicker Phil Dawson retires 0 Comments Share The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Top Stories
The game got off to a good start for the Cardinals when David Johnson took the opening kickoff 108 yards for a touchdown, but the Cardinals had trouble pulling away from the hosting Bears through the game’s first 20 minutes or so. However, Larry Fitzgerald caught a touchdown pass late in the second quarter, and on the ensuing Bears possession safety Tony Jefferson picked off Bears QB Jay Cutler and returned the ball 26 yards for a score. The Bears added a pair of field goals prior to the end of the half to pull within eight, but Fitzgerald and Johnson each reached the end zone in the third quarter (Johnson on a 13-yard run), and the receiver added his final score late in the fourth. In all, the veteran wideout caught eight passes for 112 yards and three touchdowns to lead Arizona to a comfortable road win. No. 9Oct. 26 – Cardinals 26, Ravens 18, Week 7The Cardinals welcomed the bright lights of Monday Night Football with a shaky performance that featured enough big moments to entertain a national TV audience. Arizona trailed 10-7 with 3:54 left in the second quarter, but Carson Palmer found Michael Floyd for a touchdown with just more than one minute remaining in the half, and the Cardinals led the rest of the way. Things got tense in the fourth quarter, however, as the home team nursed an eight-point lead only to see the Ravens reach the Arizona four. The Cardinals blitzed Ravens QB Joe Flacco, who threw high to tight end Crockett Gilmore, and safety Tony Jefferson sealed the win by picking off the pass in the end zone. Former Cardinals kicker Phil Dawson retires In this piece, we try to rank the victories, albeit with the understanding that this is a very subjective list.No. 14Nov. 1 – Cardinals 34, Browns 20, Week 8In what was largely an uninspired performance against a team that would have been difficult to be inspired against, the Cardinals fell behind early only to to dominate the second half and earn a road win. Carson Palmer threw for 374 yards and four touchdowns — two of which went to tight end Troy Niklas, the first TDs of his career. Chris Johnson ran for 109 yards on 30 carries, while Michael Floyd led receivers with 106 yards and a touchdown on four catches.No. 13Sept. 27 – Cardinals 47, 49ers 7, Week 3Going into the game most figured the Cardinals were a better team than their NFC West rivals, and it did not take long for that belief to turn into verifiable fact. Arizona took a 14-0 first-quarter lead on pick-sixes from Justin Bethel and Tyrann Mathieu, while a pair of Chris Johnson touchdown runs in the second quarter combined with a Chandler Catanzaro field goal to give the home team a 31-7 lead. Larry Fitzgerald went on to catch a pair of touchdowns in the second half, putting the cherry on top of a nine-reception, 134-yard performance. Derrick Hall satisfied with D-backs’ buying and selling No. 8Dec. 6 – Cardinals 27, Rams 3, Week 13The Rams had knocked off the Cardinals in Glendale earlier in the season, and no doubt Arizona went into this game looking for payback. Goal achieved. It was not always pretty, but the Cardinals dominated the Rams as Carson Palmer threw for 356 yards and two touchdowns while David Johnson ran for 99 yards on 22 carries. John Brown led Arizona receivers with 113 yards on six catches while the defense limited stud rookie Todd Gurley to just 41 rushing yards.No. 7Nov. 29 – Cardinals 19, 49ers 13, Week 12The Cardinals were heavy favorites going into this game after already trouncing the 49ers earlier in the season, but it was apparent early on this game would be much, much different. Arizona struggled for most of the afternoon and found itself in a 13-13 tie heading into the fourth quarter. The Cardinals were able to get one last scoring drive, however, as Carson Palmer rallied his team behind a clutch deep throw to J.J. Nelson and then showed surprising wheels on a seven-yard touchdown run. A missed PAT by Chandler Catanzaro left the door open for the 49ers, who reached the Arizona 30 before seeing their drive stall. While a win over the 49ers isn’t necessarily reason to celebrate, it was the Cardinals’ first road victory over San Francisco since 2008. No. 6Dec. 11 – Cardinals 23, Vikings 20, Week 14This Thursday night tilt was between two of the NFC’s better teams, though the Vikings came into the game shorthanded due to injury and fuming after being blown out at home by the Seattle Seahawks the previous Sunday. Instead of the blowout many predicted, the Cardinals found themselves in a 60-minute battle that came down to the wire. Carson Palmer threw for 310 yards and two touchdowns while David Johnson ran for 92 yards on 19 carries, and Chandler Catanzaro’s 47-yard field goal with 1:23 remaining gave the Cardinals the lead. The Vikings responded by reaching the Arizona 31, and with 13 seconds left decided to try one more play before attempting a game-tying field goal. It was on that play where Dwight Freeney sacked Vikings QB Teddy Bridgewater, forcing a fumble that was recovered by Calais Campbell. It preserved Arizona’s win and clinched a playoff spot.No. 5Dec. 27 – Cardinals 38, Packers 8, Week 16This game that had major playoff implications as both the Cardinals and Packers had eyes on the No. 2 seed in the NFC, and for 15 minutes it looked like it might be a classic slugfest. But then the second quarter happened. The Cardinals were up 10-0 and a Carson Palmer interception looked like it would give the Packers new life, but Justin Bethel picked off Aaron Rodgers in the end zone and Arizona went 80 yards in less than one minute to score a touchdown and extend the lead to 17-0. From there, the rout was on, with Arizona collecting nine sacks — including eight of Rodgers — while returning two of the QB’s fumbles for touchdowns. Dwight Freeney’s three sacks led the team, while Calais Campbell chipped in 2.5, and in the week that followed pretty much the entire NFL world felt like the Cardinals were the best team in the league. No. 3Dec. 20 – Cardinals 40, Eagles 17, Week 15On national TV once again, the Cardinals went into the game against playoff-hopeful Philadelphia knowing a win would clinch their first NFC West title since 2009. It did not take long for them to exert their dominance, with rookie David Johnson doing much of the damage. The rookie’s 47-yard touchdown run in the second quarter saw him break numerous tackles, and the score broke a 10-10 tie and gave the Cardinals a lead they would not relinquish. Johnson ran for 187 yards and three touchdowns on 29 carries, while also adding 42 yards on four receptions. The Cardinals clinched the division that night but lost safety Tyrann Mathieu for the rest of the season after he tore his ACL intercepting a pass late in the game, while Carson Palmer dislocated his right index finger.No. 2Jan. 16 – Cardinals 26, Packers 20, Divisional PlayoffsMany were excited to see the Cardinals match up with the Packers again given how handily they beat them three weeks earlier, but this game was considerably different from the first meeting. The Cardinals took just a 7-6 lead into halftime before finding themselves trailing 13-10 heading into the fourth quarter. It seemed like Arizona might get bounced at home when Carson Palmer was intercepted by Green Bay’s Damarious Randall in the end zone with the Cardinals facing a first-and-goal from the Packers’ 10 early in the fourth quarter, but the defense was able to force a punt on the next Green Bay drive and Palmer engineered a 14-play, 80-yard drive that ended with a Michael Floyd touchdown that was originally thrown to Larry Fitzgerald, but bounced off Randall’s arm and fell right to Floyd in the end zone with 3:44 remaining. The Cardinals tacked on a Chandler Catanzaro field goal with 43 seconds remaining to give them a seven-point lead, and seemed to have the game locked up when they forced a 4th-and-20 from the Green Bay four. However, Aaron Rodgers scrambled and found receiver Jeff Janis for a 60-yard gain to the Arizona 36 and then, after a pair of incomplete passes, connected with Janis on a 41-yard Hail Mary as the clock expired. The PAT send the game into overtime, and a weird game got even stranger when referee Clete Blakeman’s coin toss went without the coin ever spinning. The Cardinals won the original version as well as the re-toss, and on the first play from scrimmage watched as Palmer scrambled away from pressure and found Larry Fitzgerald for a 75-yard catch-and-run to the Green Bay five. Two plays later Fitz punched the ball into the end zone on a shovel pass, and Arizona moved on to the NFC Championship Game. Top Stories No. 4Nov. 23 – Cardinals 34, Bengals 31, Week 11The Bengals came in as one of the best teams in the AFC, and their battle with the Cardinals proved to be everything NBC hoped it would when the networked flexed the game into Sunday Night Football. Arizona trailed early but bounced back behind three Carson Palmer touchdown passes to take a 28-14 lead into the fourth quarter. The Bengals scored a TD early in the fourth quarter to close the gap to seven, but Arizona responded with a field goal and with less than seven minutes remaining had what looked like a pretty comfortable 10-point edge. However, the Bengals scored a touchdown with 3:44 left and then added a field goal with 1:03 on the clock to tie the game. With overtime an option, the Cardinals opted to take their chances and try to end the game in regulation, and Palmer responded by completing passes to J.J. Nelson and Larry Fitzgerald (twice) to get to the Cincinnati 27. Following one kneel down to help position the ball and drain some clock, a controversial unsportsmanlike penalty was called on the Bengals’ Domata Peko for imitating the snap count, putting the ball at the Cincy 14 and setting Chandler Catanzaro up for a 32-yard field goal, which he made with just two seconds left on the clock. No. 1Nov. 15 – Cardinals 39, Seahawks 32, Week 10By this point in the season the Cardinals had established themselves as a legitimate NFC West contender, but the game in Seattle against the two-time defending NFC champs would serve as a test to see just how good they were. For a while it looked as if the Cardinals might blow out their rivals, opening up a 19-0 lead before taking a 22-7 advantage into halftime. However, a vicious pass rush led to a couple Carson Palmer fumbles, and with 13:00 remaining in the fourth quarter the Cardinals were trailing 29-25. From there Palmer and the offense went to work, with Arizona putting together a 10-play, 83-yard scoring drive to retake the lead with 8:41 remaining, and then, after forcing a punt, broke things open again with a 48-yard touchdown run by Andre Ellington. In the win, Palmer threw for 363 yards and three touchdowns, with Larry Fitzgerald (10 catches, 130 yards) and Micheal Floyd (7 catches, 113 yards) doing most of the damage. The victory gave Arizona a three-game lead on the Seahawks and served notice that there was a changing of the guard in one of the NFL’s premier divisions. Comments Share No. 12Oct. 11 – Cardinals 42, Lions 17, Week 5The Cardinals were starting to cement their status as one of the NFL’s better teams, whereas the Lions had yet to win a game up to that point in the season. It took just one quarter to see why each team was what we thought they were. After falling behind 7-0 in the first quarter, the Cardinals reached the end zone four times in the second to take a 28-7 lead into halftime. Larry Fitzgerald scored on a two-yard pass in the third quarter and Andre Ellington broke off a 63-yard touchdown run in the fourth to provide the offense, while Arizona’s defense intercepted Lions QB Matthew Stafford three times and led to the starter being benched.No. 11Sept. 13 – Cardinals 31, Saints 19, Week 1There was no shortage of optimism as Carson Palmer was back on the field leading a team many thought could compete for the NFC West title. The veteran had himself a day, throwing for 307 yards and three touchdowns, as the Cardinals were able to pull away in the fourth quarter. The capper was a swing pass rookie running back David Johnson took 55-yards for a score with less than two minutes remaining.No. 10Sept. 21 – Cardinals 48, Bears 23, Week 2 The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Many people will remember the Arizona Cardinals’ season for how it ended, and no doubt the 49-15 loss to the Carolina Panthers in the NFC Championship Game left a sour taste in everyone’s mouth.Still, the Cardinals experienced far more success than failure in the 2015 campaign, setting a franchise record for wins with 13 in the regular season and then a 14th in the postseason.Some of the wins were nail biters while others were complete blowouts. Some carried the weight of playoff implications while others were the kind that a good team is “supposed” to earn. Grace expects Greinke trade to have emotional impact
(AP Photo/Ralph Freso) GLENDALE, Ariz. — The Arizona Cardinals usually had a long list of ways to seal the leaks in their hull after each of their first five losses.At the worst moments to this point, they had to fix everything.But following a 45-10 home loss on Thursday Night Football to the Denver Broncos, they sounded out of answers. “Everything” turned into “I don’t know.”“You’re a grown man,” left tackle D.J. Humphries said. “There’s nothing more embarrassing than coming out in your home stadium and getting your (expletive) kicked by 30, whatever the final score was. Embarrassed is definitely how I feel.” Former Cardinals kicker Phil Dawson retires Asked if there was a timetable regarding any changes upcoming and whether it had to do with McCoy’s job status, Wilks clarified he must evaluate the team in every aspect.“When we was talking about changes … it could be personnel, it could be players,” Wilks said. “It could be scheme. When I say premature, it’s premature to talk about it at this particular time without going through the evaluation.”But when it came down to it, Wilks admitted the offensive woes were the most concerning trend, something that must be corrected heading into a Week 7 game.“Whether it’s not getting movement up front, whether it’s not protecting the pass game, not being able to make the proper throws or the proper catches, it’s a lot to go around,” the head coach said.Cardinals players on the offensive side of the ball had fewer answers. Humphries said the Cardinals have “got to figure something out,” adding that the Cardinals have “too much talent for it to not work.”Johnson, who has spent the season owning up to his own mistakes, had fewer answers. Asked why there have been no noticeable changes through seven weeks, the running back inked to a long-term deal this offseason only had this to say. After the game, Cardinals head coach Steve Wilks stepped to the podium and issued another hold-your-horses decree. He wasn’t going to proclaim any specific sweeping changes ahead for his 1-6 football team.“Definitely an embarrassing effort tonight,” Wilks said. “Unacceptable. Got to find ways to get this thing corrected and corrected soon. You guys are going to ask me about changes. That’s premature to ask me about changes right now. Everybody’s going to be evaluated across the board.”Related LinksPicks, broken coverage put Cardinals in big hole at half vs. BroncosRicky Seals-Jones leaves game with injury in third quarterLarry Fitzgerald tackles Kurt Warner during live shotRapid Reactions: Cardinals struggle on both sides of ball in loss to DenverBickley: Arizona Cardinals hit rock bottom in lopsided loss to DenverIt could be assumed that Wilks was speaking on any coaching staff changes.Offensive coordinator Mike McCoy’s job security certainly looked at risk heading into the night, and that assumption hardly looked more wrong after the loss with the Cardinals putting up worse-than-usual numbers than their 156 passing yards per game and 64.6 rushing yards averaged heading into Thursday.Rookie Josh Rosen threw for 194 yards on 21-of-39 passing but along with a touchdown threw three interceptions — two for pick-six Broncos touchdowns — and two fumbles lost.It was hardly his fault.An offensive line without starting guards Mike Iupati and Justin Pugh collapsed in the passing game and couldn’t open holes in the running game. Led by running back David Johnson’s 14 carries for 39 yards, the ground attack totaled 69 yards. Top Stories The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo 50 Comments Share Derrick Hall satisfied with D-backs’ buying and selling “I don’t know. I don’t know. Hopefully tomorrow we watch film and try to fix it and correct it,” Johnson said. “Again, I don’t know what to tell you. Just got to continue to get better and learn from mistakes and come out and keep grinding.” – / 45 Grace expects Greinke trade to have emotional impact
Comments Share Arizona Cardinals cornerback Patrick Peterson takes part in an NFL training session at the London Irish rugby team training ground in the Sunbury-onThames suburb of south west London, Wednesday, Oct. 18, 2017. The Arizona Cardinals are preparing for an NFL regular season game against the Los Angeles Rams at London’s Wembley stadium on Sunday. (AP Photo/Matt Dunham) Cardinals cornerback Patrick Peterson has been the subject of speculation recently as the All-Pro is reportedly wanting out of Arizona by way of a trade.Peterson addressed those reports on Wednesday by issuing a statement on Twitter.“I’ve been incredibly frustrated with how the season has gone,” he wrote. “But my energy is 100% focused on being part of the solution and helping us turn this around. I’ve never shied away from a challenge before and I’m not starting now. I have always given my all to the Cardinals organization, my teammates and fans. That is what I intend to do for the years to come. I am an Arizona Cardinal, and my focus is on this weeks game.” Top Stories “Speaking about the individual, which is Pat Peterson, his day-to-day process will not change,” McFadden said. “I don’t think this will change anything as far as his process. He still wants to win. If the trade is not granted, if the request is not made, he will continue to compete at a high level. He will continue to motivate the other teammates that are there. At the end of the day, he’s a competitor, he loves to compete.”The NFL trade deadline is Tuesday, Oct. 30. The statement, which was posted as text within a graphic image, was captioned by Peterson with, simply, “My statement.” The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Derrick Hall satisfied with D-backs’ buying and selling Former Cardinals kicker Phil Dawson retires My statement. pic.twitter.com/FG8R7Fa0YA— Patrick Peterson /P2 (@P2) October 24, 2018ESPN’s Adam Schefter, who first reported that Peterson asked for a trade, reported Wednesday that Peterson met with Cardinals president Michael Bidwill on Tuesday for 30 minutes.Head coach Steve Wilks said Monday, “Oh, no. We’re not trading Patrick. That’s out of the question.” 98.7 FM Arizona’s Sports Station’s John Gambadoro tweeted that day that the Cardinals would not trade their star defensive back.CBS Sports analyst Byrant McFadden, a former NFL cornerback who also happens to be Peterson’s cousin, said the New Orleans Saints, New England Patriots and Philadelphia Eagles were the teams that were most aggressive in pursuing Peterson. The Saints, however, went on to trade for cornerback Eli Apple from the New York Giants.Related LinksPeterson will continue to fight for Cards after trade request, cousin saysMcFadden: Eagles, Patriots ‘aggressive’ pursuing trade for Cardinals’ PetersonFormer Cardinals players speculate on Patrick Peterson’s trade requestPatrick Peterson’s reported trade request adds more doubt to CardinalsRapid Reactions: Cardinals CB Patrick Peterson reportedly asks for a tradeTrading Patrick Peterson ‘out of the question’ for Cardinals, Wilks saysReport: Cardinals’ Patrick Peterson asks for a tradeMcFadden also told Doug & Wolf on 98.7 FM Arizona’s Sports Station that Peterson, while wanting out of Arizona, would still continue to fight for his teammates and play hard in practice. Grace expects Greinke trade to have emotional impact
Seabourn has announced a new line-up of accomplished lecturers for Seabourn Conversations, the award-winning cruise line’s on-board enrichment and special guest entertainment program. Prominent speakers scheduled to sail late 2015 and early 2016 include Apple co-founder Steve Wozniak, Forbes Media Chairman and Editor-in-Chief Steve Forbes and legendary American journalist Dan Rather.The ultra-luxury line’s on-board enrichment program continues to feature outstanding adventurers, artists, historians and the business elite sharing tales of success and personal insights. On Seabourn’s intimate ships, distinguished speakers not only provide skilled presentations of their expertise for guests to enjoy, but just as importantly, they may share meals, adventures ashore and casual chats with guests throughout the voyage.“We always seek the most engaging speakers to participate in our Seabourn Conversations program on Seabourn vessels around the world,” Seabourn Senior Vice President Marketing and Sales John Delaney said. “With global perspectives drawn from personal experiences in the realms of culture, history, innovation, adventure and art, we’re very excited to welcome this line-up of distinguished speakers for our guests.”Apple co-founder Steve Wozniak, who was awarded the National Medal of Technology by President Ronald Reagan in 1985 and inducted into the Inventors Hall of Fame in 2000, will participate in the Seabourn Conversations program on Seabourn Odyssey’s 20-day Holiday Panama Canal cruise, which departs Fort Lauderdale on December 15, 2015, and arrives in Los Angeles on January 4, 2016, priced from US$13,499*.Renowned in the industry and country for his compelling reporting, Dan Rather is one of the most famous American television news journalists. When he retired in 2005, he was the longest-serving anchor on a nightly newscast in American broadcast history after 24 years at the helm of CBS Evening News. He will join Seabourn Odyssey’s 20-day Panama Canal cruise from 21-24 March, 2016, priced from US$13,499*.Meanwhile Chairman and Editor-in-Chief of Forbes Media Steve Forbes will lead a stellar line up of conversationalists on Seabourn Odyssey’s 77-day Pacific Realm Exploration – a round-trip cruise departing Los Angeles on 4 January , 2016, and calling at New Zealand and Australia during its voyage. An engaging speaker with unique perspectives on business, technology, the economy, and politics through personal experience in the Republican presidential primaries of 1996 and 2000, Mr Forbes will sail from Brisbane on 15 February 2016. The 38-day voyage from Sydney to Los Angeles on 13 February 13, 2016 is priced from US$19,999*Notable Australians who will also sail on Seabourn Odyssey’s Pacific cruise include one of Australia’s few true titled “Master and Commanders”, Captain Peter Martin. A maritime historian and foreign affairs expert, Mr Martin has piloted the Barrier Reef and navigated the Sydney to Hobart Yacht Race and will be onboard Seabourn Odyssey from 16-19 February, 2016.Warren Fahey, an Australian cultural historian, author and filmmaker, who has been awarded the Order of Australia, the Prime Minister’s Centennial Medal, and the Banks Music Award for lifetime contribution to the arts, will sail from 4-20 January, 2016.
Go back to the e-newsletter >The “Boy from Oz” Hugh Jackman and Australia’s national carrier Qantas have announced a new partnership to promote Australia on the global stage.The award-winning actor has signed on to become an official global ambassador for the airline and will also work with Qantas on community projects in Australia, with further detail to be announced soon.Jackman said he was proud to become a Qantas Ambassador and was looking forward to teaming up with Qantas to highlight the best of Australia.“I travel a lot and like all Aussies, I get a buzz whenever I see the familiar red tail and the kangaroo logo, no matter where I am in the world. Qantas is great airline with great people and represents the very best of our wonderful country,” Jackman said.“Qantas has always had a vital role in promoting Australia as a tourism destination and I’m looking forward to playing my part as we work together to showcase our amazing cities, landscapes and experiences in the US., Asia and beyond.“What I also love about Qantas is the role it plays in the community. It’s inspiring to see an Australian company stand up for causes that make a difference and I know it’s something that the Qantas team and its employees are really passionate about.“The Qantas projects I will be getting involved with will create opportunities for Australians to learn, to work and to reach their potential. I will also be working directly with Qantas employees to build on the fantastic community work they already do and I can’t wait to get started later this year.”Qantas CEO Alan Joyce said the airline was thrilled to welcome Hugh Jackman in to the Qantas family as an ambassador.Go back to the e-newsletter >
Go back to the e-newsletter >European Waterways is currently accepting advance bookings for the 2017 season at 2016 prices. The rates are available for a limited time and apply to bookings for both cabins and whole boat charters.“Many of our clients are booking further in advance, particularly if they are chartering one of our hotel barges, such as for a multi-generational family celebration” said Derek Banks, managing director of European Waterways. “The popular regions are being booked more quickly, so the earlier our guests secure their cabins, the better their chances of getting the hotel barge and itinerary of their choice. Booking for 2017 at 2016 rates is an additional incentive.”European Waterways aim to immerse guests in the gastronomy, culture and history of the regions that their hotel barges cruise through. Themed cruises are also available, such as golf, walking and biking, opera and wine appreciation.Prices are all-inclusive and each 6-night cruise includes all meals, regional fine wines, an open bar, all excursions, and the use of hotel barge facilities such as an on-deck spa pool and bicycles to explore the countryside.Go back to the e-newsletter >
Go back to the enewsletterUltra-luxury cruise line Silversea Cruises has gone forward with plans to expand its fleet, inking a Memorandum of Understanding with shipbuilder Meyer Werft to build two ‘Evolution Class’ ships and signing a contract with Shipyard De Hoop to construct a new 100-guest expedition vessel to be called Silver Origin.The strategy comes a few months after Silversea Cruises was partially acquired by Royal Caribbean Cruises Ltd.Under the MOU, the German shipyard will deliver the first of the two new ‘Evolution Class’ ships in 2022; the specific size of the vessels has not yet been revealed, nor have the names. The agreement with the Dutch yard will see Silver Origin expected to enter service in March 2020, operating Silversea’s Galapagos Islands program currently sailed by Silver Galapagos.Silver Galapagos“We are delighted to have entered into an agreement with Meyer Werft on the Silver Evolution series and De Hoop for Silver Origin,” said Manfredi Lefebvre d’Ovidio, Silversea’s Executive Chairman. “With our guests in mind, we are pushing the boundaries of ultra-luxury cruising, as well as expedition cruising in the Galápagos Islands and beyond, redefining the concept of immersive travel.”“We are excited to get to work helping Silversea grow and realise its ambitions,” said Richard D. Fain, Chairman and CEO of Royal Caribbean Cruises Ltd., which finalised its two-thirds acquisition of Silversea earlier this year.“There is tremendous potential in the ultra-luxury and expedition markets of the cruise industry, and we believe discerning travellers will embrace the exciting designs Silversea is imagining for them.”The agreements are subject to certain contingencies which are expected to be completed in the first quarter of 2019.Go back to the enewsletter