The Chinese Wuhan Zall will witness live the Classic between Real Madrid and Barcelona this Sunday at the Santiago Bernabéu. The team, coming from the city of origin of the coronavirus, is in preseason in Sotogrande (Cádiz) since the end of last January, a stay that has had to lengthen before the paralysis of the Chinese Super League due to the health crisis and the Quarantine in which Wuhan lives, still in force. LaLiga and Real Madrid have taken advantage of the presence of the Chinese team in Spain to show their support for the Chinese people through this initiative. The Wuhan Zall, who trains the Spanish José González (ex-Cádiz), will arrive in Madrid from Malaga On the morning of this Saturday and Sunday at 1:00 p.m. you will visit the headquarters of LaLiga. The presence of the Chinese team in Madrid this weekend was preceded by the steps taken between Sergi Torrents, director of the LaLiga office in China, and Wu Youwen, CEO of Real Madrid in Asia. At night, the Wuhan Zall expedition will go to the Classic, although that will not be his only contact with the white stadium. On Monday they will be received at the Bernabéu by Emilio Butragueño, director of Institutional Relations of Real Madrid, who He will guide you during the Madrid stadium tour.
Donegal manager Rory Gallagher has admitted that the second goal scored by Mayo was the big turning point in their All-Ireland quarter-final defeat to Mayo on Saturday night. A despondent Gallagher was reflecting on Donegal’s defeat which turned out to be a comfortable win for Mayo in the end.With the game ticking towards half-time and only the minimum between the sides, a moment of magic from Aidan O’Shea gave Mayo a four-point cushion.However, for Gallagher the main turning point was Lee Keegan’s speculative effort at a point which looped over the head of Paul Durcan and landed in the top corner. That goal made it too big a task for a Donegal comeback and despite their valiant efforts the game petered out.Gallagher told The Irish Examiner, “It’s very disappointing, we came down and we thought it was going to be nip and tuck, and that’s probably how it was panning out coming up to half-time.“Obviously the two goals were big game-changers, probably more so the second one. It was probably a small bit fortunate, but it left us with too much to do, and to be honest, Mayo ran out fairly comfortable.“I felt Mayo were marginally the better team in the first half, but when the second goal went in, it would appear it was a bridge too far for us. “We needed a goal to kick us into life, but their second goal was a massive game-changer.” RORY GALLAGHER – ‘CONCESSION OF THE SECOND GOAL WAS BIG TURNING POINT’ was last modified: August 10th, 2015 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:newsSport
April 18, 2016 651 Views Urban Institute found that the decline in small loans has been accompanied by an increase in the denial rates for applicants for these loans. Calculations based on Housing Mortgage Disclosure Act data showed that the denial rate for loans under $50,000 is higher than the denial rate on larger loans in the postcrisis years. In 2014, for the conventional channel, the denial rate for sub- $50,000 loans was 22 percent, much higher than the 17 percent rate for loans between $50,000 and $100,000. The gap is even larger in the government loan market: 33 percent compared with 20 percent.”Tight credit and the low profitability of small loans are making it extra hard for those who want to purchase,” the report said. “Moreover, lenders don’t find these loans attractive. Loan origination costs are largely fixed and recovered either through the sale of the loan or, over time, through the financing spread and payment for servicing. Smaller loans generate lower sales prices, spreads, and servicing income, making them less economically attractive to lenders.”The report continued, “Small mortgage loans are important to the vitality of hundreds of urban communities throughout the United States. Bringing them back will be hard, and we don’t have any immediate or easy solutions. We’re eager to work with policymakers and industry leaders to understand the impact of the loss of these loans and develop strategies to encourage their availability.” One task that has never been easy in the housing market is getting a mortgage loan for under $50,000, but small loans are quickly nearing the point of nonexistence which will create barriers of entry for homeownership.A recent report from Urban Institute found that from 2004 to 2011, the national share of these small loans remained between 3 and 4 percent, but by 2014, it had declined to just 2.3 percent.”The absence of small loans may seem insignificant in high-cost markets, but in cities like Kalamazoo, Michigan, and Tampa, Florida, a significant portion of the housing stock sells for $50,000 or less. And if potential buyers can’t get a mortgage for these houses, they’ll miss that important first rung on the homeownership ladder that helps both families and neighborhoods,” Urban Institute said.Urban Institute examined 10 metropolitan statistical areas (MSAs) where a substantial share of the housing stock is worth less than $50,000. In 2014, lower-valued homes accounted for over 8 percent of the stock in each of these MSAs (except in Stockton-Lodi, California). These shares have been on the rise since the housing crisis. In Tampa, the share of lower-priced homes increased from 5 percent in 2007 to 11 percent in 2014.”The number of small mortgages doesn’t match the number of lower-value homes: the share of owner-occupied, purchase mortgages under $50,000 has steadily declined over the same postcrisis period. That share in Tampa has always been less than 3.5 percent but dropped to 2.1 percent in 2014,” the report stated. in Daily Dose, Data, Featured, News, Origination Mortgage Loan Small Loans Urban Institute 2016-04-18 Staff Writer Are Small Loans a Thing of the Past? Share