Prep Sports Roundup: 12/18

first_img FacebookTwitterLinkedInEmailGirls BasketballRegion 14DELTA, Utah-Jodi Noyes stepped up with 12 points and the Carbon Dinos smacked Delta 44-31 in Region 14 girls basketball action at the Palladium Tuesday. Brinklie Sentker had 7 points in defeat for the Rabbits.NEPHI, Utah-Bayli Heap posted 16 points and 8 rebounds as the Juab Wasps routed American Leadership 51-18 in Region 14 girls basketball action Tuesday. Elizabeth Tervort had 4 points in the loss for the Eagles.Region 18FILLMORE, Utah-Brittlyn Carter and Sydnee Gillins had 8 points apiece as the Beaver Beavers edged Millard 31-28 in Region 18 girls basketball action Tuesday. Kobree Penney’s 10 points and 9 rebounds led the Eagles in the loss.SALINA, Utah-Ronnie Robinson led the way with 15 points and the Enterprise Wolves waxed North Sevier 46-38 Tuesday in Region 18 girls basketball action. Kamree Brunson and McKylee Malmgren had 11 points apiece in defeat for the North Sevier Wolves.Non-RegionGUNNISON, Utah-Jaida King stepped up with 15 points and the Gunnison Bulldogs humbled Manti 41-32 Tuesday in non-region girls basketball action. Katie Larsen had 12 points in the loss for the Templars. Tags: Bayli Heap/Brinklie Sentker/Brittlyn Carter/Elizabeth Tervort/Jaida King/Joel Noyes/Kamree Brunson/McKylee Malmgren/Ronnie Robinson/Sydnee Gillins Written by December 18, 2018 /Sports News – Local Prep Sports Roundup: 12/18 Brad Jameslast_img read more

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The mortgage market needs a plumber…fast!

first_img continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr When you own a house, most hope that they never have to know too much about the intricacy of the home’s plumbing system. Odds are, if there’s a plumber at your home telling you about how your waste line connects to the public sewage system, it’s not a good thing. The financial system has a lot of plumbing that, like the plumbing in your house, if you hear about it, there’s a big problem. Currently the Fed, through different financing facilities, is plugging a lot of leaks and cracks in the system caused by COVID-19. Most of the solutions are from the 2008-2009 playbook. However, there’s a huge “plumbing problem” in the mortgage market that so far has not been addressed in full.The last crisis was centered on mortgages that were underwritten to fail. The latest crisis has to do with the ability to service perfectly good mortgages sold to Fannie Mae, Freddie Mac, and Ginnie Mae that have been packaged into the Fannie Mae, Freddie Mac, and Ginnie Mae mortgage-backed securities (“Agency MBS”). Any payment disruption to the $11.5 trillion Agency MBS market caused by the failure to service would be catastrophic on a global scale. Since we are all full-up on catastrophic right now, another event—especially one that can be avoided—is “unwelcome.”Mortgage lenders who are approved “seller-servicers” for Fannie, Freddie, and Ginnie are paid a monthly fee to collect principal and interest (P&I), hazard insurance, and local real estate taxes from mortgagees. They remit the P&I to the appropriate agency, who in turn passes the P&I to bondholders. The taxes and insurance portion of the borrower’s monthly payment is put into escrow with the servicers responsible for making sure the insurance and taxes are paid. In many cases, the mortgage lenders service their own production.last_img read more

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FDA issues warning on raw-milk soft cheeses

first_img See also: Editor’s note: Based on a Food and Drug Administration news release, the original version of this story incorrectly listed Ranchero as one type of soft cheese that may be made from raw milk The FDA later issued a clarification saying that Ranchero is a trademark of the Cacique Co. of Industry, Calif., for a cheese made with pasteurized milk. Listeriosis, brucellosis, salmonellosis, and tuberculosis are among the illnesses the cheeses can spread, the agency said in a news release. Especially at risk are pregnant women, newborns, the elderly, and people with weakened immune systems. Mar 14 FDA news releasehttp://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/2005/ucm108420.htm Particularly hazardous are raw-milk soft cheeses from Mexico and Central American countries, the agency said. It recommended that consumers not eat any unripened, raw-milk soft cheeses from Mexico, Nicaragua, or Honduras. “Data show that they are often contaminated with pathogens,” the statement said. Mar 16, 2005 (CIDRAP News) – Soft cheeses made with raw milk can cause several serious infectious diseases, the Food and Drug Administration (FDA) warned this week. “Recently, cases of tuberculosis in New York City have been linked to consumption of queso fresco style cheeses, either imported from Mexico or consumed in Mexico, contaminated with Mycobacterium bovis,” the statement said. The agency also warned against eating raw-milk soft cheeses bought at flea markets or from door-to-door sellers or carried in luggage from Mexico, Nicaragua, or Honduras. Raw-milk soft cheese from any source carries some risk, officials added. Queso fresco–style cheeses, popular among Hispanics, include Queso Panela, Asadero, and Blanco, among other types, according to the FDA. They may be imported or produced in the United States.last_img read more

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