Commentary Walking the Walk

first_img Share in Data, Origination July 19, 2013 413 Views Commentary: Walking the Walkcenter_img Agents & Brokers Attorneys & Title Companies Homebuilders Housing Affordability Investors Lenders & Servicers Mark Lieberman Mortgage Rates Service Providers 2013-07-19 Mark Lieberman The nation’s home builders celebrated Tuesday with the release of “”July’s Housing Market Index””:https://themreport.com/articles/builder-confidence-surges-again-in-july-2013-07-16, which showed a six-point jump in the measure of builder confidence on the heels of a seven-point jump one month earlier.[IMAGE]The combined 13-point increase meant the index was up 29.5 percent in two months, vaulting from a humdrum 44 to a “”positive”” 57 (any index value above 50 is considered positive). In the last three months, confidence–as measured by the index–is up 16 points, or almost 40 percent.While the index is made up of three components–an assessment of current new home sales, new home purchases six months out, and buyer traffic–it was the buyer traffic measure that pulled the overall index up, jumping 15 points (or 50 percent) in the last three months. The “”future”” measure also increased 15 points in the last three months, a 29 percent bump to 67, while current conditions are up 16 points (or 25 percent) in the last three months.With giddy numbers like these, one would think builders would rush to break ground–or at least file the paperwork to do so, but they’re not. As confidence was improving, new residential construction–housing starts–was falling, sliding from a seasonally adjusted rate of 1,005,000 three months ago to 836,000 last month, a 17 percent drop. The pace of single-family starts was off 5.1 percent in the same period, while the rate of multifamily starts dropped almost 36 percent.Permits didn’t quite follow the same path: The rate of total permits is up a little of 2 percent over the last three months–despite falling 9 percent in the last two months. The pace of multifamily permits is down, albeit just a little over 1 percent over the three months–but off almost 27 percent in the last two months. Single-family permits have, however, risen about 4 percent in the last three months–but just 1 percent in the last two.So what’s going on here? Are builders confident, or aren’t they? And if they’re not, what would turn them into true believers answering surveys with a bit more than hope?[COLUMN_BREAK]The answer might be found in a different report issued just a day after the report on permits and starts–a report by the Bureau of Labor Statistics (BLS) on “”usual weekly earnings of wage and salary workers”” for the second quarter of this year.The earnings report (flowing from the Current Population Survey, which yields the closely-watched unemployment rate) is one of those mind-numbing data sets often overlooked in the mainstream media, but critical for businesses–especially home builders.According to the report, average weekly earnings in the second quarter were $776, up just 0.6 percent from a year earlier (while prices, measured by the BLS’ consumer price index, rose 1.4 percent in the same period).The BLS report offers some fascinating insights. For example, women earned 82.2 percent of what men earned. White women earned 81 percent of what white men earned, but the ratio was brought _up_ by black women, who earned 91 percent of what black men earned, and by Hispanic women, who earned 94 percent as much as their male counterparts.It’s housing, though, that bears the brunt of $776 of average weekly earnings–$3,363 a month or $40,350 a year. The BLS report tracks earnings (pre-tax), the base used for determining housing affordability. According to the most recent government data on home prices, the average price of a new home in May (June figures will be reported July 24) was $307,000. The median price was $264,000. The average and median prices are up about 10 percent in the last year, more than 10 times the increase in earnings.We’ve seen this movie before: Just ahead of the housing crash, home prices rose faster than incomes. We remember how that movie ended, so no spoiler alert here.Home prices are rising much for the same reason drivers speed up as they spot a countdown clock winding down at an intersection, rushing to get past the corner before the stop light goes on. In this case, the stop lights are interest rates, with prospective buyers trying to get in under the wire before rates go up and perhaps make those homes unaffordable. Sellers have an incentive, too, as rising rates could push prices down.The rush of traffic flows directly from the fear rates will rise, but savvy builders know it won’t last._Hear Mark Lieberman on P.O.T.U.S (Sirius-XM 124) on Friday at 6:20 a.m. Eastern._*_Want to write an opinion piece for publication on our site? Send your submission to_* “”MReportEditor@TheMReport.com.””:mailto:MReportEditor@TheMReport.comlast_img read more

LoanLogics Receives 112M to Fund Continued Growth

first_imgLoanLogics Receives $11.2M to Fund Continued Growth in Data, Government, Origination, Secondary Market, Servicing November 15, 2013 452 Views Sharecenter_img Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Processing Service Providers 2013-11-15 Tory Barringer “”LoanLogics””:http://www.loanlogics.com/, a company specializing in loan quality management and performance analytics technologies for the mortgage industry, announced it has raised $11.2 million in funding from growth equity firm “”Volition Capital””:http://www.volitioncapital.com/ and existing investors.[IMAGE][COLUMN_BREAK]According to LoanLogics president and CEO Brian Fitzpatrick, the infusion of growth capital will be used to help the company continue its national expansion and to enhance its Enterprise Loan Quality Management System.””The industry is desperate for automation that reduces the costs and increases the benefits of loan quality management,”” Fitzpatrick said. “”This investment will help us accelerate our growth and broaden our customer base in this important market.””Volition Capital, based in Boston, contributed $10 million of the funds.””Loan quality management technology is critical to provide data transparency and meet the increased regulatory requirements following the mortgage crisis,”” said Roger Hurwitz, managing partner of the equity firm and new member of LoanLogics’ board of directors. “”LoanLogics has the right vision and management team to provide the much needed innovation needed to better control costs and manage underwriting risk.””last_img read more

Pending Home Sales Recover After June Drop

first_imgPending Home Sales Recover After June Drop August 28, 2014 507 Views Existing-Home Sales Housing Supply National Association of Realtors Pending-Home Sales 2014-08-28 Tory Barringer Sharecenter_img in Daily Dose, Data, Featured, Headlines, News An early indicator of home sales suggests market activity should continue to increase in the coming months as the nation’s housing stock rebuilds.The National Association of Realtors (NAR) reported Thursday a 3.3 percent monthly increase in its Pending Home Sales Index for July, putting the index at 105.9. With July’s increase, the index has now risen for four of the last five readings, seeing a slight retreat in June.Though pending sales were down 2.1 percent compared to a year ago, July’s figure was the highest since August 2013 and was the third straight month in which the index measured above 100, a value NAR considers to be an average level of contract activity.NAR Chief Economist Lawrence Yun said sales activity benefited from increasingly favorable conditions for buyers in the housing market.”Interest rates are lower than they were a year ago, price growth continues to moderate and total housing inventory is at its highest level since August 2012,” Yun said. “The increase in the number of new and existing homes for sale is creating less competition and is giving prospective buyers more time to review their options before submitting an offer.”More importantly, steady job additions to the economy are helping family finances and giving them added confidence to enter the market,” he added.Total for-sale housing inventory in July was an estimated 2.37 million existing homes, according to the group.Three of the four census regions showed sizable gains in pending sales, including the Northeast (6.2 percent), the South (4.2 percent), and the West (4.0 percent). The Midwest, meanwhile, saw a slight decline, posting a 0.4 percent drop.On an annual basis, the Northeast was the only region to report higher pending sales, coming in with an 8.3 percent improvement.NAR’s pending sales index comes a week after the group reported strong existing-home sales for July. Sales that month were at an adjusted annual rate of 5.15 million, the strongest so far this year. For the entire year, NAR predicts existing-home sales to total 4.98 million, down 2.1 percent from last year.last_img read more

President and COO of Nationstar Retires

first_img Harold Lewis Nationstar Mortgage Holdings Servicing Operations 2015-05-15 Staff Writer May 15, 2015 700 Views Nationstar Mortgage Holdings’ president and COO, Harold Lewis recently announced his retirement from the company effective May 31st. David Hisey also recently informed Nationstar of his resignation on May 13, 2015, as reported in the company’s 8K Form. Hisey announced that he is leaving the company and will resign as EVP, chief strategy and external affairs officer effective at the close of business on June 19, 2015.Lewis has been with the company and in his current position since February 2012 and also held the same position at Nationstar Mortgage, LLC since September 2012, according to his bio on Nationstar’s website.Prior to Nationstar, Lewis was COO at CitiMortgage, where he stayed for almost three years and ran the Citi Homeowner Assistance Program. He also held executive positions at Fannie Mae for seven years and was their SVP of national servicing most recently.Mr. Lewis has also held senior management roles with Resource Bancshares Mortgage Group, Nations Credit, Bank of America/Barnett Bank, Cardinal Bank Shares, and Union Planter National Bank.Nationstar told MReport, Lewis had no specific reason for retirement and worked “a long, highly successful career” in the mortgage industry.Nationstar CEO Jay Bray will take over Lewis’ title of president when he steps down, remaining the CEO for the company as well, Nationstar says. Mike Rawls, who has been with the company for 15 years, will be promoted to EVP of servicing and will take over the company’s servicing operations, a duty that formerly belonged to Lewis. President and COO of Nationstar Retirescenter_img in Headlines, News, Servicing Sharelast_img read more

Chase and Roostify Release Digital Mortgage Platform

first_img in Data, Featured, Media, News Chase announced on February 16 that it has launched a new digital mortgage platform that allows customers to track their home loan experience from start to finish on their computer or mobile device.  The new platform is scheduled to be released later this year.Chase has partnered with Roostify, a mortgage technology provider, to build the platform in hopes of improving the digital customer experience. Customers will have access to the e-sign feature, loan comparisons, digital updates, and the ability to search for real estate agents.Rajesh Bhat, CEO of Roostify, expressed his support for the partnership.“We and Chase have a shared vision to bring a straightforward, more transparent mortgage experience to more consumers than ever before,” he said. “We are very excited to partner with Chase as they look to help customers with one of life’s most important purchases.”The new platform will help customers manage their loan applications as well as continuing to provide customers full access to branches and call centers. Customers now have more options when searching for advice from a Chase loan officer throughout their whole process.Mike Weinbach, CEO of Chase Mortgage, said that the platform allows for complete digital mobility.“Digital technology is reshaping the mortgage industry and is rapidly influencing how consumers make purchases today. This platform will allow us to be where more of our customers are, which is online and on their phones, while still offering the option to work with us in person if they prefer.”For more information, click here. February 20, 2017 708 Views Chase and Roostify Release Digital Mortgage Platformcenter_img Chase loans mortgage Rajesh Bhat Roostify themreport 2017-02-20 Staff Writer Sharelast_img read more

Housing Market Improves in 33 Top US Markets

first_img The U.S. housing market remains in healthy condition as purchase and rental affordability improve marginally despite a drop in the number of homes for sale, according to the Housing Tides Index. Data compiled also reveals that the U.S. housing and homebuilding industry resumed its strengthening trend with the Index increasing to a value of 73.6, after falling slightly to 72.4 in February. The Index scores increased in 33 of the top 41 local markets this month.These conclusions are based on research compiled for The Housing Tides Index, which is a monthly pulse of the U.S. housing market across the top 41 U.S. markets. Data is compiled by referencing 18 market indicators ranging from unemployment rates and housing permits to rental vacancy and mortgage foreclosure rates. Other information included in the March Housing Tides Index includes: The construction unemployment rate increased from 5.7 percent in November to 7.4 percent in December. While this is higher than the designated “healthy” range, unemployment rates vary seasonally and homebuilders have often pointed to labor scarcity as an obstacle to increasing construction volume.Housing supply improved markedly, rising from 2.9 months of supply in November to 3.9 in December. However, this supply increase is due to a large decrease in home sales while for-sale inventory simultaneously fell to its lowest level since December 2013.U.S. rent prices reversed course and fell in December. The median asking rent for two-bedroom units decreased from $1,630 in November to $1,500 in January.Mortgage foreclosure rates continued to decline in December, with latest data showing that just 0.9 percent of all homes with a mortgage are in foreclosure. The mortgage foreclosure rate is down from 1.37 percent in December 2015.The top five cities of the 41 cities referenced in the Index that showed improvement include (1) St. Louis, 78.1, up 8.2 YoY; (2) Raleigh-Durham-Chapel Hill Triangle, 77.4, up 4.0 YoY; (3) Las Vegas-Henderson-Paradise, 76.0, up 5.8 YoY; (4) Houston-The Woodlands-Sugar Land, 75.5, up 5.0 YoY; (5) Austin-Round Rock, 75.5, up 4.8 YoY. For each of the top 41 markets, those variables are tested to determine which are statistically significant for predicting housing permits in that area.The Housing Tides Index concerning construction uses primary economic indicators that affect permit rates for single and multi-family construction. Rather than simply using each variable as reported five months prior, the models draw from three-month moving averages. Overall, the data offered in the Housing Tides Index for March seem to confirm that the U.S. housing market is on an upswing despite rising interest rates and lack of inventory. in Data, Headlines, News Share March 10, 2017 866 Views center_img Data Housing Tides Index 2017-03-10 Mirasha Brown Housing Market Improves in 33 Top U.S. Marketslast_img read more

DocMagics eVault Powers Paperless Mortgages for Deutsche Bank

first_img in Data, Headlines, journal, News, Origination, Servicing, Technology April 1, 2018 572 Views Company News Deutsche Bank Digital Mortgage DocMagic eMortgage eVault 2018-04-01 David Wharton DocMagic, Inc., a provider of fully compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services headquartered in Torrance, California, announced that Deutsche Bank has successfully implemented and is actively utilizing its proprietary eVault technology.“Deutsche Bank has an international footprint in multiple forms of lending and servicing, and having a company of their size select our eVault to safely and securely store sensitive loan documents speaks volumes about the bank’s confidence in our technology,” said Dominic Iannitti, President and CEO of DocMagic, Inc. “We are very pleased to partner with Deutsche Bank on a long-term basis to help achieve its servicing goals with our eVault.”Using the DocMagic eVault, Deutsche Bank’s document custody group is now empowered to take full possession of electronically originated assets for clients as the loan market continues to transition to a paperless process. DocMagic establishes a legally compliant method to securely move original electronic files from one custodian to another while preserving unique authoritative digital ownership.Further, the eVault ensures authentication of original documents passing between owners, irrespective of how many duplicate electronic files there may be of the same record. The repository system within DocMagic’s eVault relies upon digital tamper-proof seals and a detailed, well-documented audit trail that ensures compliance and provides detailed reporting.DocMagic also made available to Deutsche Bank the ability to leverage a unique dual-option solution that accesses its on-premise eVault installation to provide a gateway to seamlessly and securely connect to MERS via any browser, as well as by way of a direct VPN connection.As a result of partnering with DocMagic, Deutsche Bank is now well-positioned to easily, compliantly, and securely service loans housed in the eVault, creating newfound efficiencies and a competitive advantage for the bank. By providing eVault services to Deutsche Bank’s clients, they further cement themselves as a leader, innovator and provider of excellence in loan servicing. Of note is that DocMagic has been at the forefront of developing award-winning technology that facilitates a complete eMortgage solution for the entire supply chain that fully supports an end-to-end, completely paperless digital mortgage process. This includes from the point-of-sale through eClosing, eWarehouse lending, secondary marketing and even servicing.DocMagic’s eVault has been thoroughly vetted and officially approved by Fannie Mae, Freddie Mac, and MERS to compliantly support eVaulting services.center_img DocMagic’s eVault Powers Paperless Mortgages for Deutsche Bank Sharelast_img read more

The Tourism Authority of Thailand TAT Sydney of

first_imgThe Tourism Authority of Thailand (TAT), Sydney office has announced the resignation of New Zealand Marketing Representative Marieanne Ouwehand, effective 30 September 2017. TAT says Marieanne has been a great ambassador for Thailand in the past two years and worked hard in partnerships with various industry partners to ensure good growth from Kiwis visiting Thailand for their holidays.The number of New Zealand passengers visiting Thailand from January to July 2017 has increased by 6.7% to 66,652 compared to same period last year, and tourism revenue derived from this market has grown up by 10.75%.TAT will announce the new New Zealand Marketing Representative in due course. TATTourism Authority of Thailandlast_img read more

Travellers Choice has just completed ts annual Fro

first_imgTravellers Choice has just completed ts annual Frontliner conferences, with events taking place in four capital cities and attracting more agents and suppliers than ever before. This year’s gatherings attracted almost 200 agents who enjoyed face-to-face meetings with key trade partners in Brisbane, Melbourne, Perth and Sydney.Key travel industry organisations were also invited to take part, including Cruise Lines International Association (CLIA) Australasia and the Australian Federation of Travel Agents (AFTA), which briefed members on its new Insolvency Chargeback Scheme (ACS).PerthGeneral Manager Sales Nicola Strudwick says the annual events provide an invaluable opportunity for agents – many of whom travel from regional centres – to enhance their product knowledge by engaging with preferred partners.“This year we optimised engagement by adopting a variety of event formats, including product booths, speed chats, presentations and Q&A forums. In addition, we expanded the content to include information on market trends, best business practices and relevant training and accreditation opportunities.Melbourne“The response from agents was exceptionally positive and, on behalf of all members, I’d like to thank our preferred suppliers for their commitment and generosity.” TOP IMAGE: @ the Sydney event agentseventsFrontlinersTravellers Choicelast_img read more

Airbus H130 helicopterscruiseScenicScenic Eclipse

first_imgAirbus H130 helicopterscruiseScenicScenic Eclipse The ‘Worl’d First Discovery Yacht’ – Scenic Eclipse – was officially delivered on 26 July 2019 from the Uljanik Shipyard to Scenic Luxury Cruises & Tours, journeying from the shipyard to Valletta, Malta for registration on 27 July.Scenic Eclipse will make a number of short stops before arriving in Reykjavik, Iceland, where she will commence operations of her first scheduled cruise. This inaugural voyage is a 13-day discovery sailing via Greenland and Eastern Canada before arriving in Quebec on 27 August 2019.Scenic has also released footage of the final tests and trials of its state-of-the-art Airbus H130 helicopters, one of the quietest helicopters in the skies. The video shows the helicopters landing on the deck of Scenic Eclipse and being stored in the specially designed onboard hangars. “These final stages are significant highlights in any ship build,” said Scenic Founder and Chairman, Glen Moroney, “and particularly for a vessel of the technological sophistication of Scenic Eclipse. I’m very proud to say Eclipse has been successfully certified for passenger ship operations, has been officially registered, and we are now in the final stages of preparations for our inaugural voyage.”last_img read more

The Cardinals may be awaiting a scan on injured sa

first_imgThe Cardinals may be awaiting a scan on injured safety Adrian Wilson, but they are not wasting any time bringing in some backup for him.On Monday morning the team announced that they had re-signed safety Matt Ware. To make room for him on the roster the team waived injured tackle Brad Thorson.While Ware’s six tackles in 14 games is nothing compared to Wilson’s 88 in 16 games, the Cardinals are in a position where they need depth at safety depending on whether Wilson is forced to miss time. D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ What an MLB source said about the D-backs’ trade haul for Greinke Top Stories 0 Comments   Share   center_img With any luck, Wilson’s injury will be short-lived and Ware can be brought in to add depth to a position the Cardinals had short-staffed to begin with. Nevada officials reach out to D-backs on potential relocation Cardinals expect improving Murphy to contribute right awaylast_img read more

Comments  

first_img Comments   Share   Your browser does not support the audio element. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Grace expects Greinke trade to have emotional impact Ryan Lindley came in and finished the game, going 4-of-10 for 30 yards. Most importantly, he didn’t turn the ball over.The Cardinals are almost certain to make the playoffs, but their chances of advancing are greatly reduced with Lindley, who hasn’t thrown a touchdown pass in 181 career attempts, at the controls.Behind Lindley is rookie fourth-round pick Logan Thomas, who saw limited action in the Cardinals’ loss to the Denver Broncos in early October.If Stanton is out, the Cardinals will have to bring in another quarterback, so many are trying to formulate a list of possible candidates.Social media was buzzing with the name Kurt Warner. In fact, Warner himself tweeted during the game about the situation. I am out in the trailer, u think they have an extra jersey in the locker room? Man I feel terrible 4 the Cards & all the injuries!— Kurt Warner (@kurt13warner) December 12, 2014 LISTEN: Kurt Warner, Former Cardinals Quarterback – / 46 Warner, who led the Cardinals to consecutive NFC West titles and a Super Bowl appearance, retired following the 2009 season. But would it be possible? Could one of the most beloved figures in team history come back and suit up again? He was asked that very question by Doug and Wolf Friday on Arizona Sports 98.7 FM. Top Stories Two things have been happening on a regular basis with the Arizona Cardinals.The team continues to win games in steady, unspectacular fashion. The latest was a 12-6 victory over the St. Louis Rams at the Edward Jones Dome Thursday night. Unfortunately, the second thing is injuries. In the win, quarterback Drew Stanton injured his right knee in the third quarter and did not return. He’s scheduled for an MRI Friday, and could miss substantial time. Former Cardinals kicker Phil Dawson retires Derrick Hall satisfied with D-backs’ buying and selling “You guys are nuts,” Warner said. “I feel so bad for the Cards. They have done so many great things this year and have played so well and really overcome so much. “So many different things have happened and they’ve overcome them, there’s nothing to say that they can’t overcome this one, either.”But that’s not to say Warner didn’t think about the possibility.“I was up half the night actually considering could I still play,” he said. “We all have visions of what I could do five years ago, but since then, I’ve been chasing kids and playing basketball.“If I really felt that I could come back and play, I would love to help this team out and the organization because I feel so bad for them.”So why is the 43-year-old convinced he couldn’t play?“We’re talking about the highest level of football in the world. We’re talking about the best players ever, and you think a guy could come off the couch and lead a team in the playoffs to the Super Bowl,” Warner asked with a laugh. last_img read more

FILE In this Monday Jan 1 2018 file photo A

first_imgFILE – In this Monday, Jan. 1, 2018, file photo, Alabama wide receiver Calvin Ridley (3) is tackled by Clemson linebacker James Skalski (47) in the first half of the Sugar Bowl NCAA college football game in New Orleans. How much does Alabama lean on Ridley in the passing game? The junior has 59 catches for 935 yards to lead the Tide. No other receiver has more than 16 receptions of 244 yards. (AP Photo/Butch Dill, File) Both players will become free agents March 14.J.J. Nelson is expected to return, but the undersized speedster has been affected by dropped passes throughout his three-year career.The Cardinals are also (no secret) looking for quarterbacks, and could pluck one in the first round, but Kiper’s latest mock has four signal callers being selected in the top 11 picks, leaving Arizona holding the bag in this projection.Kiper’s first mock draft, released on Jan. 18, had Arizona selecting Iowa defensive back Josh Jackson in the first round. Former Cardinals kicker Phil Dawson retires Some of those mocks hold more weight than others, based on the author.Mel Kiper Jr. of ESPN is one such expert, and his second mock of the season was released on ESPN.com Wednesday morning. It has Arizona selecting Alabama wide receiver Calvin Ridley with the 15th pick.I love this fit for both sides. Take a look at the Cardinals’ depth chart from the end of the season. Larry Fitzgerald will be 35 when the 2018 season begins. John Brown and Jaron Brown are free agents. They need a No. 2 receiver. Ridley is far and away the best wideout in this draft class, and getting him at No. 15 is good value. He had 19 career touchdown catches with inconsistent quarterback play. Arizona also needs a quarterback, of course, but I think new coach Steve Wilks & Co. are more likely to go the veteran route. But watch out for the Cardinals if one of the top four QBs falls.Ridley is considered by most to be the best receiver prospect in this year’s class. In three years in Tuscaloosa, the 6-foot-1, 190-pound Ridley caught 224 passes for 2,781 yards and 19 touchdowns. He was a key cog in helping the Crimson Tide win two College Football Playoff championships in three appearances.The Cardinals certainly need help at the receiver position. Yes, veteran Larry Fitzgerald is coming back for 2018, and his production has shown no drop-off in recent seasons. Where there has been a drop-off is in the contributions of the rest of the receiving corps. Jaron Brown had 31 catches in 2017, the second-most among any wideout. He is a free agent, as is John Brown, who had 21 catches for 299 yards and three touchdowns last season. Grace expects Greinke trade to have emotional impact 14 Comments   Share   center_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo There are still 64 days until this year’s NFL Draft, which gets underway April 26 in Arlington, Tex.As of Wednesday morning, the Arizona Cardinals still own the 15th overall pick in the first round. General manager Steve Keim could go in any number of directions with the pick, if mock drafts are any indication.A total of 19 different players have been projected to go to the Cardinals in that slot, according to the over 100 entries in ArizonaSports.com’s Mock Draft Tracker. Derrick Hall satisfied with D-backs’ buying and selling Top Stories last_img read more

Former Cardinals kicker Phil Dawson retires

first_img Former Cardinals kicker Phil Dawson retires 12 Comments   Share   On the rise, Rice left the desert to sign with Tampa Bay, joining what some consider to be one of the best defenses of the 2000s consisting of Hall of Famers Derrick Brooks and Warren Sapp as well as All-Pro defensive backs Ronde Barber and John Lynch.With the Buccaneers, Rice won a Super Bowl and recorded double-digit sacks in five consecutive seasons.He has not played since the 2007 season but expressed serious interest about making a comeback in 2017.Quarterback Jake Plummer (1997-2002)Signed with Denver in 2003Plummer’s 30-52 record was not what the Cardinals anticipated after spending a second-round pick on him in 1997. However, he was the only Cardinals quarterback to make the playoffs between 1983 and 2007.Arizona’s 1998 NFC Wild Card win was the franchise’s first playoff appearance since 1982 and the first playoff win since 1947.The Broncos signed Plummer to a seven-year deal during the 2003 offseason and his record improved drastically in four seasons with Denver. He went 39-15, reaching the playoffs in each of the first three seasons before being benched 11 games into the 2006 season.Safety Antrel Rolle (2005-09)Signed with New York Giants in 2010 A former first-round pick, Rolle was one of top players at his position in the NFC during his time in Arizona. He recorded 12 interceptions but what stands out is that he returned four of those for touchdowns.A starter on the Cardinals 2008 Super Bowl team, Rolle made the Pro Bowl in the final year of his contract and was primed for a large payday.In the words of The Godfather and Don Vito Corleone, the New York Giants “made him an offer he couldn’t refuse.” New York signed Rolle to a five-year, $37 million contract that made him the highest paid safety in the NFL at the time.Rolle recorded 14 interceptions and five forced fumbles in five seasons with the Giants and was part of the team that won the Super Bowl in 2011.Defensive end Calais Campbell (2008-16)(AP Photo/John Froschauer)Signed with Jacksonville in 2017The longest-tenured Cardinal on this list, Campbell spent nine years in Arizona. Selected in the second round of the 2008 NFL Draft, Campbell recorded at least five sacks in each of his nine seasons with the Cardinals, missing six games in that span.He became both a seasoned veteran and fan favorite with the Cardinals. In the offseason of 2017, Arizona briefly exercised its franchise tag on pass rusher Chandler Jones before signing him to a five-year, $83 million extension. Following Jones’ extension, Campbell hit the free agent market. Arizona Cardinals defensive end Calais Campbell (93) celebrates a defensive stop against the Green Bay Packers during the first half of an NFL football game, Sunday, Dec. 27, 2015, in Glendale, Ariz. (AP Photo/Rick Scuteri) As free agency winds down and the 2018 NFL Draft approaches, the Arizona Cardinals have undergone changes to their roster.This year, like any other, saw the Cardinals welcome in new faces while saying goodbye to others that are more familiar.Here are some of the franchise’s biggest names to leave Arizona in free agency.Defensive end Simeon Rice (1996-2000)Signed with Tampa in 2001Having recorded 122 sacks over 12 seasons, Rice was one of the most-feared defensive ends in the NFL. Selected No. 3 overall by Arizona in the 1996 NFL Draft, Rice spent five years of his career with the Cardinals. While he was named Rookie of the Year, his best season in Arizona came in 1999 when he forced five fumbles and posted a career-high 16.5 sacks. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Derrick Hall satisfied with D-backs’ buying and selling Top Stories Jacksonville signed Campbell to a four-year deal worth $60 million. In his first year with the Jaguars, he made that contract look wise. Campbell reached a career high in sacks (14.5) and became the backbone of one of the top defenses in the NFL.Safety Tyrann Mathieu (2013-17)(AP Photo/Ralph Freso)Signed with Houston in 2018Arizona’s most recent impact free-agent departure was Mathieu. Drafted by the Cardinals in 2013, Mathieu spent five seasons in Arizona.A talented defensive back, Mathieu had 11 interceptions and four forced fumbles in five seasons with the Cardinals. He was an All-Pro in 2015 but knee injuries limited his time on the field and eventually impacted his style of play.Mathieu signed with Houston this offseason after turning down a pay cut from the Cardinals.Honorable MentionsWide receiver David Boston (1999-2002) – Signed with San DiegoLinebacker Karlos Dansby (2004-09) – Signed with Miami Grace expects Greinke trade to have emotional impactlast_img read more

AP Photos

first_img(AP Photos) Put those two key changes together, and maybe Wilks is realistic in being encouraged.“Putting David out in the slot, putting him outside at receiver I thought opened things up a little bit — having him and Chase (Edmonds) on the field at the same time,” Wilks said. “You could even go back to look at some of the things we did when we did get into a rhythm, starting with that first boot, using Josh’s athleticism to get outside the pocket, then we came back with Christian (Kirk) on the jet sweep. That’s what I envision going forward … now that you have a real mobile quarterback to do those things.“I loved the way he just commanded the offense and the way he went down the field.”JOHNSON TAKES THE BLAMEDavid Johnson has made a habit of taking blame this year, fairly or not.Sunday night, he again admitted to mental errors and a misread on the Cardinals’ third-down play just before kicker Phil Dawson missed a 45-yard field goal that would have given the Cardinals a lead.“David is a perfectionist,” Wilks said. “He wants to do it right every time. When you have players like that that (are) not really concerned with the great plays but trying to make sure they make the corrections on the ones they messed up, that’s when you’re gonna see a difference in your team. “Again just some of his protections in the pass-pro. That’s the biggest thing right now.”EXTRA POINTS— Andre Smith is expected to return (elbow) Sunday against the 49ers. Receiver Larry Fitzgerald (hamstring) and cornerback Bene Benwikere are day-to-day (spine).— Wilks, on why Deone Bucannon played as the starting linebacker after playing a single defensive snap a week prior: “We just continue trying to find the right mix on defense. A guy that has good athleticism, can run, can move around. We wanted to give him an opportunity. He performed well in practice.”— Seattle scored in the first quarter on a 20-yard touchdown run by back Mike Davis that saw the Cardinals break down in coverage.“I would say we had an issue on that touchdown play where they substituted late with personnel, and we changed the call and that call was not executed or echoed throughout the defense so therefore we were playing two different coverages,” Wilks said. “That can’t happen.”Defensive end Markus Golden said it was more of a focus issue than about a learning-curve four game weeks into a new system. – / 28 TEMPE, Ariz. — Steve Wilks had the night to digest the bitter taste of a last-second loss to the Seattle Seahawks.The head coach returned to work Monday with less disappointment in his voice, even though his Arizona Cardinals sit alone as the only winless NFL team through four weeks. Not only did he sound refreshed heading into preparation for a visit to San Francisco this coming Sunday.Wilks even, believe it or not, spoke with a hopeful tone. It’s the same reason why Cardinals fans maybe, possibly could have faith in a 0-4 team after the 20-17 loss to Seattle. That reason is rookie quarterback Josh Rosen.“I’m just so encouraged based on what I saw yesterday,” Wilks said. “We got to finish now. Those guys are wide open, they got to make those catches. His ability to get outside the pocket and buy time on the sprint-outs and the boots and to move the pocket. If we are having some issues as far as protection, we can help (the line) out there.“And then you saw the glimpse of David (Johnson) and the things he can do as far as moving him around. I think our offense is getting ready to flourish.”Related LinksThe 5: Best throws from Josh Rosen’s debut as the Cardinals’ starterFeely: Blame what you want, Cardinals players need to make playsCardinals drops, Earl Thomas’ errant finger stand out vs. SeahawksThe Cardinals are 0-4 yet the biggest takeaway is cause for celebrationRosen’s performance provides rare bright spot for CardinalsFalse optimism? Maybe.Wilks time and time again during his Monday press conference went back to Rosen’s confidence in the huddle that opened up the playbook.Rosen’s numbers didn’t jump off the page. He completed 15 of 27 passes for 180 yards, but considering six passes that could be considered drops and two throwaways, his accuracy was hardly represented in the numbers.Wilks pointed to his command of pre-snap reads, citing Rosen’s adjustments that once led to a Christian Kirk screen pass on a 3rd-and-6 to set up Arizona’s first score, a field goal to pull within 7-3 in the first quarter. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Top Stories center_img Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impact 22 Comments   Share   “That was all him,” Wilks said.So too were two 30-yard passes to tight end Ricky Seals-Jones fit between defenders and into tight windows.It wasn’t just the rookie’s arm giving Wilks hope. After the game and again on Monday, Wilks spoke of Rosen’s athleticism that allowed Arizona to help its offensive line by running boot-legs.He displayed that athleticism to keep plays alive, and Wilks even credited the athleticism on a play that began with a botched snap by rookie center Mason Cole; Rosen picked the ball off the turf, rolled outside the pocket and threw the ball away to avoid a loss of yards, or even the ball.Even the opponents were impressed.“I can honestly say he would check his first read, check his second read,” safety Bradley McDougald told 710 ESPN Seattle’s John Clayton. “You could tell that he was groomed by a good quarterback coach. And he’s a lot more athletic than I thought.”Meanwhile, Johnson’s expanded role that finally saw him surpass 100 all-purpose yards was storyline No. 2. Not only did he take a season-high 22 rushes, but the running back also lined up in the slot on a handful of plays. Derrick Hall satisfied with D-backs’ buying and sellinglast_img read more

Derrick Hall satisfied with Dbacks buying and se

first_img Derrick Hall satisfied with D-backs’ buying and selling Grace expects Greinke trade to have emotional impact Are you kidding me?Mike McCoy?@LarryFitzgerald not even on the field?Vikings stuff Cardinals!At 1 yard line.— Larry Fitzgerald Sr. (@FitzBeatSr) October 14, 2018 Tough to win in the NFL Steve Wilks appears to have put offense in questionable hands.@LarryFitzgerald has never gone 6 games without a TD.🏈 41 Comments   Share   — Larry Fitzgerald Sr. (@FitzBeatSr) October 14, 2018Larry Fitzgerald is from Minnesota and playing his sixth and potentially final game on the road against the Vikings.Related LinksCardinals defensive line, now healthy, disrupting Vikings pass game earlyRB David Johnson is still the foundation of the Cardinals’ offenseEarlier in the game, Fitzgerald extended his record of consecutive games with a reception to 127.At the time of the play call, the Cardinals trailed the Vikings by a score of 10-3. Top Stories Arizona Cardinals running back David Johnson (31) breaks a tackle by Minnesota Vikings cornerback Trae Waynes (26) during the first half of an NFL football game, Sunday, Oct. 14, 2018, in Minneapolis. (AP Photo/Bruce Kluckhohn) The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Former Cardinals kicker Phil Dawson retires Larry Fitzgerald’s father was not happy with the Arizona Cardinals call on fourth and goal from the two-yard line.The play was a run up the middle with David Johnson, but Fitzgerald’s issue with offensive coordinator Mike McCoy’s play call was that his son was not on the field.last_img read more

The 5 Takeaways from the Coyotes introduction of

first_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Grace expects Greinke trade to have emotional impact 12 Comments   Share   Top Stories New Sun Devils learning the basics, Long impressing Arizona Cardinals defensive back Jamar Taylor (28) defends against a pass intended for Chicago Bears wide receiver Allen Robinson (12) during the second half of an NFL football game, Sunday, Sept. 23, 2018, in Glendale, Ariz. (AP Photo/Rick Scuteri) The Arizona Cardinals are releasing cornerback Jamar Taylor, whom they acquired in a trade with the Cleveland Browns this offseason, confirms 98.7 FM Arizona’s Sports Station’s John Gambadoro.Gambadoro added that David Amerson — whom the Cardinals signed last week — is likely to take Taylor’s place.The news was first reported by NFL Network’s Mike Garafolo.Taylor was traded in May for a 2019 sixth-round pick by Cleveland, where Taylor played two seasons. Related LinksSteady demeanor, open to change: Cardinals’ Wilks navigates 2-8 seasonArizona Cardinals release kicker Matt McCraneThe 28-year-old product of Boise State has played in 10 games — three of them starts — for the Cardinals this season. He has recording one pass defensed and 17 tackles, none for a loss.Before this year and his two-season stint with the Browns, Taylor played three seasons with the Miami Dolphins, the team that drafted him in the second round in 2013. He started nine games there, appearing in 33 total. – / 60 What the D-backs did on trade deadline day: A timelinelast_img read more

Go back to the enewsletter Silversea has reveal

first_imgGo back to the e-newsletter >Silversea has revealed its 2016 Mediterranean Timeless Treasures brochure, showcasing a range of bespoke itineraries, from April to November 2016.Karen Christensen, General Manager & Director Sales/Marketing, Australasia, says:“With a strong Italian heritage, Silversea is an expert at showcasing the very best of the Mediterranean, through the eyes of a local. From the world-renowned and historic streets of Athens and stunning coastline of the Italian Riviera, to the hidden white sand beaches of Sanary-sur-Mer, France, and lesser-visited province of Castellon, Spain, Silversea’s intimate ships enable guests to get closer and sail directly into these exquisite ports, offering convenience and an insider’s view to the hidden towns of the Mediterranean. In this brochure, we’ve also put together a number of combination voyages, with savings of up to 15%, designed to appeal to Australian travellers who want to stay longer and explore more of this magnificent region.”“This carefully designed 2016 Mediterranean brochure includes meticulous planned voyages combined with the luxury and highest levels of service that our guests have become accustomed to. Away from the expected and well beyond the crowds, our guests feel more like locals than tourists.”Mediterranean onshore excursions highlights include:Helicopter rides over the seascapes of the Amalfi CoastSavouring Sicilian cuisine with olive oil and wine tasting tours in TrapaniAn evening immersed in a concert amid the ruins of Ephesus’ ancient Odeon TheatreExploring the underground caves of Valencia, Spain’s Old Quarter.In addition to Silversea’s all-inclusive luxurious voyages, with free Wi-Fi as standard and personal butler service, guests are also offered the opportunity to combine select Mediterranean voyages to receive a saving of up to 15%, when booked before 31 December 2015.Featured combination voyages:V1620–1621: Departing Civitavecchia (Rome), Italy on 1 July 2016, guests aboard Silver Cloud sail through France, Monaco Italy, Spain and Portugal over 18 days. Guests disembark this voyage on 19 July 2015. Fares start from AU$9404 per person, twin share.V2612–2613: Sailing from Barcelona, Spain to Civitavecchia (Rome), Italy, guests depart on 13 April 2016, cruise through the Corinth Canal, experience the ‘Eternal City’ of Rome and explore the city of Troy on a 24-day voyage aboard Silver Wind. Fares start from AU$9917 per person, twin share.V5621–5622: Beginning her voyage from Istanbul, Turkey, Silver Spirit guests visit the islands of Turkey and Greece before sailing to the ports of Montenegro and Croatia. This voyage departs on 29 July 2016, travelling over 14 days before arriving in Venice, Italy on 12 August 2016. Fares start from AU$7865 per person, twin share.Silversea’s fares include all-suite accommodation with butler service, gourmet meals with menus inspired by Relais & Châteaux, complimentary wines, champagne and spirits served throughout the ship, one free hour of Wi-Fi per guest per day and all gratuities.Go back to the e-newsletter >last_img read more

Go back to the enewsletter

first_imgGo back to the e-newsletter Go back to the e-newsletterMandarin Oriental International Limited has announced that Hotel Ritz, Madrid will close on 28 February 2018 for a €99 million restoration, which is expected to be completed in late 2019.Since it first opened its doors in 1910, Hotel Ritz has been synonymous with luxury, comfort and service excellence. Over the years, it has hosted royalty, politicians, corporate leaders and celebrities and is an integral part of society in Spain’s capital. It is situated within the ‘Golden Triangle of Art’, an area defined by the most important museums in the city: the Prado, the Thyssen-Bornemisza and the Reina Sofía Museum of Modern Art. The property’s location within a prestigious residential area close to Madrid’s financial and commercial district adds to its appeal.The extensive work will upgrade the hotel’s facilities and services, while maintaining its unique character, encapsulated in the Belle Époque style of the original building. Spanish architect, Rafael de La-Hoz, has been instrumental in providing the context for the historical restoration, while French designers, Gilles & Boissier, have been appointed to oversee the interiors with the aim of enhancing the property’s appeal to local and international guests alike while celebrating César Ritz’s pioneering spirit.The duo have created a sophisticated design for the hotel’s new guestrooms, encapsulating a classic but contemporary residential style for the 106 rooms and 47 suites. Within the suite inventory, there will be several one-of-a-kind specialty suites, featuring design elements inspired by the hotel’s historic connections to the city, Spanish culture and art. A 188-square-metre Royal Suite will feature magnificent views over the Prado museum.The design of the public spaces will focus on the careful restoration of the hotel’s many fine interior architectural features, and will incorporate a number of valuable artistic pieces from the property’s collection including crystal chandeliers, antique paintings and sculptures. The reinstatement of a glass roof in the heart of the hotel will bring light to the lounge in the way it did when the property first opened. The hotel’s main restaurant will move to its original location, with direct access to the terrace. The terrace garden itself is one of the best-loved outdoor dining spaces in the city and will remain an elegant environment for al fresco dining. A new bar, designed to become a destination of choice for local customers and in-house guests alike, will also be created.The hotel’s meeting rooms will be refreshed to provide well-appointed and functional venues for social gatherings, business meetings and product launches.Other facilities will include a new fitness centre and indoor pool, together with a range of spa, heat and water experiences.last_img read more

Go back to the enewsletter Nakash Holdings has in

first_imgGo back to the e-newsletterNakash Holdings has introduced its Setai hotel brand to Tel Aviv with the opening of The Setai, Tel Aviv – now the premium luxury destination in Tel Aviv.The property, which is joining The Leading Hotels of the World’s prestigious collection of independent luxury hotels, is located in the historic old Jaffa area of Tel Aviv. This is the hospitality group’s second Setai in Israel, following the opening of the Sea of Galilee property in May 2017, and third globally, joining The Setai, Miami Beach.The hotel is located in the heart of the city, steps from the famous Clock Square and the city’s coastline, at the historic site known as the ‘Kishle’. It was originally constructed by the Turkish Empire to be a prison on the site of a historic Crusader fortress.“We are excited to extend the prestige and sophistication of the Setai brand in Israel with our third property, The Setai, Tel Aviv,” says Bruno H. de Schuyter, general manager. “The 13th century structure that is the foundation of the new hotel is unlike any other, and we took meticulous care in preserving and infusing important historic elements into the transformation of the building.  Guests will be surrounded by a unique atmosphere of old meets new, while experiencing first-class amenities and services in what will be the most superior five-star hotel in Tel Aviv.”Old meets new: Distinctive designThe guest room collection at The Setai, Tel Aviv includes:110 rooms and 10 suitesA Presidential Suite extending more than 92-square-metres, that includes a master bedroom, a guest room, a kitchen with a dining area and a spacious balconyA selection of Deluxe, Premium Plus, Executive and Premium rooms that feature balconies with views of the Mediterranean Sea and an infinity swimming poolThe hotel’s design vision, led by the London office of Ara Design, is ‘old meets new,’ blending Middle Eastern and Mediterranean elements with a contemporary style. Most of the guest rooms’ outer walls are the building’s original stone. Oak furnishings and leather panels in the wardrobe and desk add contemporary touches, while decorative pendant lights create a welcoming illumination to guests as they enter. Contemporary is balanced with antiquity through Arabic wall patterns cascading above the beds and detailed rugs.Separated from the bedroom by an innovative electronic LED glass partition, the bathroom can be privatised electronically at the guest’s demand. Grey marble and soft lighting provide a meditative look and feel to the bathrooms, which are fully equipped with a bath and separate shower.Visitors will be welcomed into the reception area that is framed by vaulted ceilings and a doorway with Turkish ottoman calligraphy. Contemporary seating, chic modern furnishings and ornate carpets complete the lobby lounge area that includes a full bar surrounded by reclaimed timber from the building’s original roof. Lacquered walls and grand chandeliers incorporate historic architectural details to complete the space.Multiple courtyards and four levels of glass-panelled terraces allow visitors to take in magnificent views of the city and the sea while indulging in the pool deck and cabanas. Below ground level are five spacious event halls, a spa and Turkish Hammam.Looking north from a hotel balcony, guests will see the luminous skyscrapers of Tel Aviv, while southern views offer the city landscape. Gazing to the west offers the Mediterranean Sea and the coastline of Tel Aviv, while the east boasts uninterrupted views of the historic Jaffa Clock Tower, one of seven clock towers built during the Turkish Empire period.From 13th century to five-starFeigin Architects, an Israel-based firm, lead the architectural planning and execution of the hotel, transforming the historic site into a five-star luxury property. The hotel features elements of the original building, two additional floors, and a new wing designed to reflect the style of the historic structures. A large arch at the hotel’s entrance bears the seal of Abdul Hamid II, 34th sultan of the Turkish Empire, who rose to power over 100 years ago.All historic structures that were discovered have undergone complete restoration. The original Kishle, including wooden ceilings and ironwork, has been preserved, while wooden doors and windows have been recreated to emulate the original. Former prison yards were meticulously restored and now serve as the hotel’s front and rear courtyards. All preservation was performed by restorationers and experts in stone, iron, and woodwork, adhering to the original structures.Meetings and eventsThe Setai, Tel Aviv is an ideal venue for business conferences as well as private occasions, with five spacious event halls. The largest hall is equipped with the most advanced multimedia technology, and can accommodate up to 150 people.Four additional halls can accommodate up to 15 guests banquet-style, making them ideal for private meals, seminars, board meetings, and other intimate gatherings.Go back to the e-newsletterlast_img read more