TRD Tips: How to manage when you’re a landlord late on the loan

first_imgWhat’s the best option for a landlord who’s fallen behind on the mortgage?“The short answer is, you go to your ATM machine, you put in your code, you get some cash, and you pay your lender. That’s always the easiest solution,” Ironhound Management’s Robert Verrone told The Real Deal editor-in-chief Stuart Elliott for the latest edition of TRD Tips. But as he quickly explained, it’s rarely that easy.Verrone, one of the most experienced players in working out bad loans, left Wachovia Bank in 2009 to start his own business working out busted securitized loans.At the beginning of the pandemic, Verrone likened the workouts he was doing to “root canals on loans.” Now, he said, it’s more like “open-heart surgery.”Despite the challenges landlords face — dealing with some tenants who aren’t paying rent and others who seek loan forbearance — there are options. Check out the video above for all of Verrone’s top tips. This content is for subscribers only.Subscribe Nowlast_img read more

Oil Spill Scare at Concordia Wreck

first_imgThe Oil Spill Response team was immediately activated and the area was cleaned through the use of absorbent booms.At the moment, there is no evidence of leakage in progress, according to the update.The team is replacing the absorbing booms in the area. As explained, technical assessments have showed that there is no damage in the structure, nor in the hot tap flanges.The latest refloating activities have seen the Concordia wreck emerge for about 6.5 meters.There are still 6 starboard sponsons to be lowered to their final position. Once this operation is completed, deck 4 and 3 will emerge rapidly one after the other.The weather and sea conditions, especially strong winds, over the last couple of days and the complexity of the operations, have impacted the overall time schedule with some delays.Technicians are still aiming at a departure on Monday July 21st but are also looking at Tuesday 22nd as an alternative possibility.[mappress]Time lapse of the Day 4:Press Release; July 20th, 2014 At about 11 pm last night, a small amount of hydrocarbons was spotted in the mid ship/aft of the Concordia wreck, the Parbuckling team informed.last_img read more

President of Jamaica’s Nurses Association Urges Nurses To Be “Resilient” Amid…

first_imgPhoto credit: World Health Organization (WHO) KINGSTON, Jamaica – The spread of the coronavirus (COVID-19) to most countries in the world has not only exposed poor hygiene practices, the inability of people to practise social distancing and the general disregard to national regulations, but also the lack of respect for healthcare professionals, particularly nurses.Many people would be quick to acknowledge the importance of doctors in a health crisis, without giving nurses the credit that they deserve.In Jamaica, since the first case of COVID-19 was reported, nurses in hospitals and clinics have complained about being scorned and discriminated against by some residents. Operators of public transportation have refused to carry nurses out of fear that they may have the virus. Many nurses have resorted to wearing plain clothes to work, instead of their uniforms, in a response to being scorned in public. But the treatment at the healthcare facilities is not much better. Nurses have also complained about being deliberately coughed on and sneezed on by patients, and even being rudely sprayed with Lysol, alcohol or other unknown substances, by people who enter their places of work.In times of a pandemic, people often react out of ignorance. And the prevalence of “fake news” has only made the job of nurses’ even harder. The more rumors and gossip spread, in relation to COVID-19 and frontline health professionals, is the more nursed are discriminated by the very people that they are paid to protect.President of the Nurses Association of Jamaica (NAJ), Carmen Johnson, urged Jamaican nurses to “fight the good fight” and continue to do their part in containing the virus and protecting the country’s residents. “I want to say to our members, continue to do what you do. Continue to prepare yourself to be a part of the greater fight that you will have to fight and the greater crisis that may result, because we have to play our part and do it well,” she told the Jamaica Observer.CARMEN JOHNSON HAS HAD TO “FIGHT THE GOOD FIGHT”Carmen Johnson, who had been head of the Nurses Association of Jamaica since 2017 has also had to “fight the good fight”. Since the beginning of her tenure, Johnson has had to deal with a global health pandemic, a local dengue crisis, rampant sexual harassment, mass migration and unsatisfactory salary negotiations. However, Johnson has said that she believed that nursing was her calling.While studying at Knox College, she wanted to pursue sociology, but the care she showed for the sick and elderly at her community church in Clarendon eventually translated into a career. She officially became a nurse in the late 80s and by November 1990, she was being assigned to the St. Ann’s Bay Hospital. The devoted Christian and mother currently in her 50s, earned the nickname of “Devotional Sister”, after spending over 20 years at the hospital where she would readily have devotions and prayers with the patients.In 2017, Johnson replaced Janet Coore-Farr as president of the association. Johnson said it was “a dream come true”, while many NAJ members agreed that she was indeed the right person for the job.last_img read more

Up close and personal at the Pakenham Show

first_imgWITH so much to see and do, it was hard to choose what to focus on … but not for…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img

Moving mountains to oppose quarry

first_imgBy Bonny Burrows The weekend’s community walk of Mount Cannibal in protest against the controversial granite quarry proposed for a…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img

As good as gold

first_imgBy Roman Kulkewycz Well known Bunyip couple Tony and Carmelina Arrigo celebrated their Golden wedding anniversary on the Saturday 7…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img