The Best Markets For Residential Property Investors 2 days ago Strong fourth-quarter 2013 earnings by Freddie Mac capped a year of unprecedented financial gains for the government-sponsored enterprises (GSEs), but reflect several one-time items, according to a release issued by Fitch Ratings.Fitch comments, “While results of the type posted in 2013 will not be repeated, Fitch Ratings expects increased guarantee fees (g-fees) and improving mortgage credit quality to support continued profitability for the GSEs this year.”The dividends paid by both Fannie and Freddie total $15.4 billion more than total Treasury draws, with no mechanism currently in place to reduce the amount of senior preferred stock outstanding.The release notes the substantial 2013 revenue brought in by the two companies was not likely to be repeated, due to “significant nonrecurring items related to deferred tax allowance (DTA) valuation reversals, private label RMBS lawsuit settlements, increased representation and warranty settlements, and sizeable decreases in loan loss reserves, which were mainly driven by improvements in the housing market and better asset quality.”Fitch believes that net income will shrink in 2014, as mandated reductions in GSE on-balance sheet assets will push spread income downwards.The Treasury is expected to draw more frequently, according to Fitch Ratings, due to the GSE’s capital reserve buffers being reduced.”The buffers dropped from $3.0 billion in 2013 to $2.4 billion in 2014 for each of the GSEs and will eventually be reduced to zero by 2018,” Fitch said.The remaining availability under the Treasury agreement for Fannie Mae is $117.6 billion. Freddie Mac’s availability is slightly higher at $140.5 billion.The release noted that the settlement of legal claims could remain a potential source of earnings in 2014, although lower than earnings from settlements in 2013. Tagged with: Earnings Fannie Mae Fitch Ratings Freddie Mac Earnings Fannie Mae Fitch Ratings Freddie Mac 2014-03-03 Colin Robins New Report Says 2013 GSE Revenue ‘Will Not be Repeated’ The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save Home / Daily Dose / New Report Says 2013 GSE Revenue ‘Will Not be Repeated’ Colin Robins is the online editor for DSNews.com. He holds a Bachelor of Arts from Texas A&M University and a Master of Arts from the University of Texas, Dallas. Additionally, he contributes to the MReport, DS News’ sister site. Demand Propels Home Prices Upward 2 days ago Print This Post Sign up for DS News Daily Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: Mortgage Markets Today: Whole Loan Trading Trends Next: January Construction Spending Up .1% from December About Author: Colin Robins Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Government, Headlines, Market Studies, News Demand Propels Home Prices Upward 2 days ago March 3, 2014 730 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe
Do it for your garden. Properly made compost can help you enjoyone of your best gardening seasons ever.Simply put, high-quality compost (2 to 3 pounds per squarefoot) makes most garden soils vastly more productive.In heavy clay soils, the compost reduces compaction, helpsincrease aeration and enables water to better infiltrate the soil.In sandy soils, it makes the soil better able to retain both waterand nutrients.Compost is a good source of “slow-release” organicfertilizer, too. It makes the fertilizer less likely to leachout, making needed plant nutrients available for your garden veggiesthroughout the season.And in contrast to unprocessed organic matter, properly compostedmaterial is free of viable weed seed, nematodes and diseases.The bottom line is that compost can give both your garden andyour gardening experience a really big boost.Unfortunately, high-quality compost is required in fairly largeamounts, it’s often sold only in bulk (so getting it home canbe a hassle) and it isn’t readily available in most places.Admittedly, these are serious negatives. But don’t get discouraged.There is a simple solution: make it.Most gardeners know compost is good for their gardens. Butmany don’t really understand what it is, much less how to makeit.The first step in mastering the process is having a good definition.Simply put, compost is what’s left of organic matter aftermicrobes have thoroughly decomposed it. You can extract allof the fundamentals of composting from that short sentence.1. Organic Matter. Almost any plant materialcan be composted. Readily available organic matter includes leaves,grass clippings, twigs, chopped brush, straw, sawdust and vegetableplants (along with culled produce) from the garden.You can add kitchen peelings and coffee grounds, too. Don’tuse table scraps, though, to avoid attracting animals to the compostpile.2. Microbes. The bacteria and fungi that dothe decomposing are so tiny they can’t be seen without magnification.Although a number of companies sell them, you don’t need to spendyour money. These microbes are everywhere.Mixing a few scoops of garden soil or compost from a previousbatch into the compost pile will provide all the microbes youneed to start the process.Like all living organisms, microbes require water and nutrients.Much of the water is supplied by the organic matter. More watercan be sprinkled onto the pile as needed.All of the nutrients the microbes need can be provided by theorganic matter if it has enough nitrogen. If the organic matterneeds more nitrogen, incorporate a little nitrogen fertilizeror animal manure.The most desirable microbes require oxygen. An ample supplyis in the air. However, as microbes decompose the organic matter,they tend to use up all the oxygen in the pile. To let in moreoxygen, simply turn the pile occasionally.3. Decomposition. Organic matter is food formicrobes. However, they can’t take a bite, chew, swallow and thendigest it as we do. Microbes release powerful chemicals calledenzymes that digest, or decompose the organic matter.After the organic matter is broken down into small molecules,microbes absorb these molecules and use them for energy and reproduction.Because this process generates heat, compost piles normally reachtemperatures of 130 to 150 degrees Fahrenheit.These temperatures, sustained over several weeks, kill weedseeds, nematodes and many other organisms that cause plant diseases.This is one reason compost is so much better than noncompostedorganic matter.Those are the basics of composting. It’s a simple process youcan do easily at home. For more detailed information, contactyour county Extension Service office.
Published on October 24, 2014 at 1:30 am Contact Paul: [email protected] | @pschweds Facebook Twitter Google+ Virginia Tech’s Murielle Tiernan received a through ball from teammate Laila Gray, got behind the Syracuse defense and shot the ball into the lower left corner of the goal.Four minutes later, Tiernan won a loose ball with her back to the goal after a scrum at the top of the Orange’s box, spun around and scored again.SU trailed by two, but it was only the beginning.Syracuse (5-9-3, 2-6 Atlantic Coast) went on to surrender two more first-half goals in its 5-0 loss to the No. 14 Hokies (14-4, 4-4 ACC) on Thursday night in front of 233 at SU Soccer Stadium. The loss eliminated the Orange’s already slender chance to qualify for the NCAA tournament, one of the team’s preseason goals, and SU has now lost five of its last six games.Though head coach Phil Wheddon said he was proud of his team for its second half performance, the five-goal loss is the Orange’s biggest defeat of the season.AdvertisementThis is placeholder text“It just came down to those small individual moments,” Wheddon said. “Sometimes a lack of focus, sometimes it’s a communication aspect and sometimes it’s not knowing who to pick up.”Entering the game, SU’s defenders were aware that Tiernan is a dangerous player Wheddon said, but the defense’s breakdowns were the difference in the game.They piled up fast.“Giving up the first goal isn’t bad,” freshman midfielder Jessica Vigna said. “It’s when the team gives up the first one and then the second one comes really quickly then it’s just they’re getting momentum and we need to get a goal to get it back.”But Syracuse never scored.Junior defender Taylor Haenlin said she knew Tiernan’s tendency to spin her body with her first touch, but Tiernan still found the back of the net twice against the Orange. Haenlin said it wasn’t a terrible overall game for SU, the first half lapses cost Syracuse.“We really just need to focus the whole 90 minutes and don’t let up at all,” Haenlin said.The Orange’s breakdowns were a function of the entire team’s defense, not just the back line. Virginia Tech continually sent passes in the air from its defense to its forwards.The Hokies’ third goal came off a cross into the box from near the halfway line. Shannon Mayrose headed the ball across the face of the goal to teammate Candace Cephers at the six-yard box who banged the ball right past Syracuse goalie Courtney Brosnan in the 25th minute.“What we wanted to do was deny their service,” Wheddon said. “That means our forwards had to be the first line of defense and at times in the first half, that let us down.”Eleven minutes later, VT scored off a corner kick. The high, looping pass entered Syracuse’s 18-yard box and was popped back into the air. With her back to the goal, Mayrose turned and flicked it into the net.With Virginia Tech’s goals coming in a variety of ways, there was no singular specific defensive issue that glared for Syracuse, but Vigna said overall team defense could be improved.VT’s last goal — a penalty kick in the game’s final minute — was just window dressing. The game was lost by Syracuse in the first half.“We had four letdowns in the first half,” Wheddon said. “Four lapses of concentration inside the goal area. This league is just so unforgiving. You can’t give a team those types of chances.” Comments
Kilruane advanced to the next stage of the competition by beating Borris-Ileigh 3-24 to 2-18 in Toomevara.Kiladangan secured their place in the last four as a result of a 3-16 to 2-12 victory over Ballina.Kilruane McDonaghs will play either Burgess or Borrisokane and Kiladangan will take on Roscrea in the semi-finals.