CBZ Holdings Limited HY2009 Interim Report

first_imgCBZ Holdings Limited (CBZ.zw) listed on the Zimbabwe Stock Exchange under the Banking sector has released it’s 2009 interim results for the half year.For more information about CBZ Holdings Limited (CBZ.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the CBZ Holdings Limited (CBZ.zw) company page on AfricanFinancials.Document: CBZ Holdings Limited (CBZ.zw)  2009 interim results for the half year.Company ProfileCBZ Bank Limited is a commercial bank in Zimbabwe; and licensed by the national banking regulator, the Reserve Bank of Zimbabwe. CBZ Bank was founded in 1991 when the Zimbabwe government took control of the defunct Bank of Credit and Commerce. The government assumed a 100% ownership, but this has been diluted through privatisation and its listing on the Zimbabwe Stock Exchange in 1998. CBZ Bank is now a wholly-owned subsidiary of the listed financial services group CBZ Holdings and offers the full spectrum of financial services; from retail and commercial banking to treasury services, group investment banking and asset management, short- and long-term insurance, security trading and property investments. CBZ Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Bayport Management Limited (BAYP.mu) 2012 Annual Report

first_imgBayport Management Limited (BAYP.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2012 annual report.For more information about Bayport Management Limited (BAYP.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Bayport Management Limited (BAYP.mu) company page on AfricanFinancials.Document: Bayport Management Limited (BAYP.mu)  2012 annual report.Company ProfileBayport Management Limited avails retail financial services through its subsidiaries internationally, including Botswana, Colombia, Ghana, Mexico, Mozambique, South Africa, Tanzania, Uganda, and Zambia. The services provided by the company include short term loans, medium term loans, micro asset and group finance products, personal loans and long term loans according the particular needs of the client. Other services availed by Bayport Management Limited involve local money transfer services, savings accounts and flexible deposits, and credit life cover and education protection insurance products. Bayport Management Limited is listed on the Stock Exchange of Mauritius.last_img read more

CBZ Holdings Limited 2013 Abridged Report

first_imgCBZ Holdings Limited (CBZ.zw) listed on the Zimbabwe Stock Exchange under the Banking sector has released it’s 2013 abridged results.For more information about CBZ Holdings Limited (CBZ.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the CBZ Holdings Limited (CBZ.zw) company page on AfricanFinancials.Document: CBZ Holdings Limited (CBZ.zw)  2013 abridged results.Company ProfileCBZ Bank Limited is a commercial bank in Zimbabwe; and licensed by the national banking regulator, the Reserve Bank of Zimbabwe. CBZ Bank was founded in 1991 when the Zimbabwe government took control of the defunct Bank of Credit and Commerce. The government assumed a 100% ownership, but this has been diluted through privatisation and its listing on the Zimbabwe Stock Exchange in 1998. CBZ Bank is now a wholly-owned subsidiary of the listed financial services group CBZ Holdings and offers the full spectrum of financial services; from retail and commercial banking to treasury services, group investment banking and asset management, short- and long-term insurance, security trading and property investments. CBZ Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Astoria Investments Limited (ATIL.mu) Q32017 Interim Report

first_imgAstoria Investments Limited (ATIL.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2017 interim results for the third quarter.For more information about Astoria Investments Limited (ATIL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Astoria Investments Limited (ATIL.mu) company page on AfricanFinancials.Document: Astoria Investments Limited (ATIL.mu)  2017 interim results for the third quarter.Company ProfileAstoria Investments Limited is an investment company with permanent capital. The company runs its operations in the United States, Europe, Asia, South Africa and Mauritius. Astoria Investments invests in global equity dominated holdings of primarily direct, high quality listed businesses. The company invests in sectors such as technology, insurance, pharmaceutical, entertainment, financial, consumer products, retail and transportation. Astoria Investments Limited has a primary listing on the Stock Exchange of Mauritius and a secondary listing on the Johannesburg Stock Exchange.last_img read more

SA Rugby make their position clear on Eben Etzebeth allegations

first_imgMonday Aug 26, 2019 SA Rugby make their position clear on Eben Etzebeth allegations The South African Rugby Union have released a statement today following the weekend’s apparent incident involving Springbok second row, Eben Etzebeth. The giant lock was accused of being involved in an incident with some homeless people in Langebaan, in the Western Cape. ADVERTISEMENTThe incident in question supposedly saw Etzebeth racially abuse and even point a gun at a homeless man. He has since vehemently denied the allegations, and said that there are multiple witnesses who can corroborate his story.SA Rugby today released the following statement, making their position very clear.“The South African Rugby Union is a law abiding member of South African society and has no tolerance of acts of violence or racial abuse. We will co-operate with the authorities in any way necessary. Our Rugby World Cup squad will have no place for anyone who transgresses those principles.But we also trust our people to act responsibly and tell the truth. We have spoken to Eben and he categorically denies any physical or racial abuse on his part as has been alleged in social media.He is a member of the Springbok squad and will remain so unless police authorities require our reconsideration.”In related Springbok news, Aphiwe Dyantyi has failed a drugs test so has requested a B sample.ADVERTISEMENTThe Springbok squad for the Rugby World Cup in Japan will be announced today at 15:00 (CAT). Posted By: rugbydump Share Send Thanks Sorry there has been an error News Related Articles 25 WEEKS AGO Exeter vs Toulouse is off as a number of… 25 WEEKS AGO Danny Cipriani leaves Gloucester with immediate… 25 WEEKS AGO ‘Aphiwe can’t believe it. We were starting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items with a Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Virtual Promise 2006 results published

first_imgVirtual Promise 2006 results published The 2006 edition of nfpSynergy’s annual survey tracking charities’ use of, and attitudes to, the internet has been published. The report incorporates data on specific information regarding their internet presence and resources, including budgets, staff allocation, hardware/software, marketing, agreement with statements and much more.nfpSynergy researched and wrote the original report with Horwath Consulting called ‘Virtual Promise – Are charities keeping up with the Internet revolution?’The research polls organisations asking them for specific information on their internet presence and resources, including budgets, staff allocation, hardware/software, marketing, attitudes and much more. The results were first published as a special supplement for Third Sector magazine and were sent out in February 2001. Advertisement  26 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Digital Research / statisticscenter_img Since then nfpSynergy has conducted the research on an annual basis. In 2004 it produced a retrospective report entitled ‘Virtual Promise – From Rhetoric to Reality’. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 22 March 2007 | Newslast_img read more

Contradictions in the impeachment struggle

first_imgPosted on lowwagecapitalism.com, Sept. 29, 2019.The impeachment struggle against Trump poses many contradictions.On the one hand, hundreds of millions of people around the world would like to see Trump brought down in the hope that this will alleviate his administration’s oppressive, racist and corrupt rule.On the other hand, the impeachment struggle is, at bottom, a struggle by various factions of the ruling class to keep Trump from undermining the strength of U.S. imperialism at home and abroad.Tens of millions have suffered from Trump’s various forms of reaction. From the gag rule against abortion counseling, to immigrant families separated from their children, to Muslims and immigrants whom he has vilified, to Iranians suffering under sanctions, to Venezuelans and Cubans under threat from all sides, to Palestinians under Israeli occupation, to Zimbabweans under U.S. sanctions and environmentalists watching the administration allow the extreme pollution of the air, drinking water, land and oceans. Trump has cultivated the ultra right and fascist elements with his racist defense of killer cops as well as attacks on African and Caribbean countries. On the other hand, Trump has antagonized sections of the ruling class as well. He has weakened the NATO alliance; pulled out of the U.S.-sponsored Transpacific Partnership; pulled out of the Paris Climate Agreement; abused the Mexican government, the Canadian government and the German government; sided with the Brexit forces in Britain; and done numerous things to offend the allies of U.S. imperialism and to damage the military and diplomatic structure built up by Washington over decades. Three hundred so-called national security experts have supported the articles of impeachment. What are “national security” officials? They are the CIA, FBI, National Security Council and all the agents of sabotage, subversion, special operations and dirty tricks whose job it is to undermine, remove or destroy all obstacles to the advancement of U.S. capitalist and imperialist interests at home and abroad. Trump’s corruptionOf course, it would be foolhardy to ignore Trump’s corruption. The Biden scandal would not have come out if he were not so contemptuous of capitalist norms and processes. It is hard to measure degrees of corruption in bourgeois politics, since it is so pervasive, but usually presidents wait until they leave office to enrich themselves. Trump did not wait. He openly cashes in on the presidency to bolster his personal fortune right out in the open and in defiance of capitalist political decorum. He has spent 300 days of his presidency on Trump properties spending government money. He has refused to put his properties in a blind trust and instead turned them over to his sons. He has had military flight crews stay at his hotels as paying customers. And the Saudi monarchy, among others, has rented entire floors in his D.C. hotel.So openly trying to get a foreign government to put a hit on Biden, his political opponent, is just business as usual for Trump and the corrupt circle around him. Democratic Party leadership and Ukraine scandalThe Democratic Party leadership has been given new life in the struggle against Trump by the Ukraine scandal. Trump tried to withhold $400 million in military aid to the reactionary regime in Kiev — the regime fighting the independence forces in eastern Ukraine — until Kiev came up with dirt on Joe Biden, Trump’s electoral opponent. Trump did so openly in a telephone call that was partially recorded in notes taken by Trump officials.  Some versions of those notes were made public, and in them Trump tells the Ukrainian prime minister, Volodymyr Zelensky, to “do me a favor” and  “look into corruption” by Biden and his son Hunter. Trump had held up the military aid that Congress allocated to Ukraine well before the phone call, thus using the aid as leverage. The Ukraine question is like Russiagate, on a smaller scale. But politically, it is, in essence, the same thing. The Democrats first opposed Trump by playing the Russia card over and over. Instead of pointing out the outrageous disenfranchisement of masses of voters, particularly people of color, and instead of attacking Trump’s racism, misogyny, and anti-worker and anti-environmental policies, they focused endlessly on the cry of collusion with Russia. First of all, these Democrats are allied with the military-industrial complex. But second of all, they assumed that this would be the easiest way to go about fighting Trump. If there is anything about the ruling class that is generally recognized, it is their hostility to Russia (and China). So the quickest and easiest way to attack Trump is to call him soft on Russia and a friend of Vladimir Putin.This put the Democrats squarely in the camp of the militarists. What the Democrats failed to see was Trump’s complete domination of the Republican Party and his ability to intimidate both the House and Senate Republicans.  So until they won the majority in the House, the Democrats were stymied. Nancy Pelosi was stalling on opening up an impeachment struggle despite the numerous crimes of Trump – against immigrants, women, his open profiteering from the presidency, etc.  Then, the revelation about the Ukraine issue fell into the Democrats’ lap. Trump bumbled into a misstep, which then came to the surface and the Democrats have seized upon it. Background to the Ukraine crisisIt is no accident that the Ukraine issue has become the focus of the impeachment struggle. It was the Obama administration, with Joe Biden as vice president and Hillary Clinton as secretary of state, that overthrew the elected government of Ukraine under Viktor Yanukovych in February 2014.The Obama/Biden/Clinton administration collaborated with fascist elements to put a right-wing government in power in Kiev. It is important to go back to the tape-recorded phone conversation between Assistant Secretary of State Victoria Nuland and Geoffrey Pyatt, the U.S. ambassador to Ukraine, in February 2014. The European Union was planning a soft takeover of Ukraine, trying to undermine that country’s economic ties with Russia. The U.S. intervened in its own interests by encouraging fascist mobs to call for the overthrow of the elected government. A right-wing faction in the Ukraine Parliament pulled the police off the streets, allowing the mobs to break up parliament.  That is when Nuland made the infamous “F**k the EU” comment in which she openly expressed Washington’s preference for the ultra right-wing Fatherland Party, rife with fascists, to take over the government. (Washington Post, Feb. 6, 2014) When the smoke cleared, the Fatherland Party was in office and President Yanukovych was forced to flee.On Biden the ‘victim’Biden, who has been made the victim of Trump’s maneuvers, is a thoroughly reactionary racist, sexist politician, in addition to being a foreign policy reactionary.In 1991, Biden was head of the Senate panel that oversaw the persecution of Anita Hill by 10 white male senators who allowed her to be vilified by Clarence Thomas, who had been nominated for the Supreme Court. (Thomas went on to be one of the most reactionary members of the court.)  Biden presided over the hearings and participated in her vilification. Among other things, as the head of the panel, he failed to investigate her allegations against Thomas, failed to bring her witnesses before the committee and acted as if he did not believe her. (Washington Post, April 26, 2019)In 1994, Biden was a Senate leader. He wrote the largest crime bill in U.S. history and got it passed in the Senate. The bill added 60 new death penalty offenses; it eliminated Pell grants that had allowed prisoners to get an education; it made it extremely difficult for death row inmates to appeal; it provided for funding for 100,000 more cops on the streets; it appropriated $9.7 billion for more prisons; and it included the notorious “three strikes” provision, which mandated life sentences for anyone convicted of crimes three separate times. Under Biden’s and Bill Clinton’s leadership, mass incarceration, which had begun in the late 1970s, expanded especially in the federal prisons. Impeachment leaves the masses out of the struggleThe impeachment process is strictly for ruling-class politicians and lawyers. They shape the charges and the arguments. They call and question the witnesses. The masses are totally shut out of the process and their grassroots interests do not see the light of day. Trump should be tried for a whole host of crimes against the people. Witnesses should be called, like immigrant mothers who have been separated from their children. Black, Latinx, Native and Asian people who have been victims of racism should testify against Trump’s casual remarks equating Nazis to those opposing Nazis and white supremacy. LGBTQ2S people who have had friends murdered or beaten by Trump-loving bigots should testify. Black people whose relatives have been killed or beaten by racist cops should be allowed to tell their stories indicting Trump. The same should apply to people who have lost their health care, their pensions, their jobs, etc. Furthermore, it would be one thing if Trump were impeached under pressure from the enraged masses in the streets, on the campuses and in the workplaces. But at present, the masses are relying on the ruling class to fight their battle against Trump. He and his whole administration and their enablers should be swept into jail for their crimes. That might bring some genuine relief to the working class and oppressed. FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

A New Market for Hoosier Pork Producers

first_img SHARE Facebook Twitter By Gary Truitt – Jul 29, 2015 Home Indiana Agriculture News A New Market for Hoosier Pork Producers A New Market for Hoosier Pork ProducersA new pork processing plant is under construction on Northern Indiana’s doorstep, and it will provide a new market for Hoosier hogs. The Clemens Food Group broke ground last week for their new pork processing facility just across the Indiana border in Coldwater, Michigan. Plant manager Earnie Miely says the facility will be sourcing hogs from Indiana as well as Illinois, Ohio, and Michigan, “We are looking at a harvest of 10,000 a day or about 2.3 million hogs a year.” The Clemens Food Group is a sixth-generation, family-owned, integrated pork production operation including farming, processing, transportation, and logistics based in Hatfield, PA, since 1895.The 550,000 square ft facility is expected to open in late 2017. Miely said it will create over 800 jobs in the Michiana area, “This will be a fresh pork plant with no value added products like bacon or hams.” Much of the pork from the plant will be destined for food service or private label products. Clemens also provides pork products for Campbell’s Soup and Bush’s Baked Beans.According to Miely, the Clemens company is a family-run business with a unique vision and commitment to rural areas, “This is a faith-based, Christian company that gives 10% of its profits to the church and the community.” He added, “The energy, excitement, and commitment around this project has been evident throughout the process. We’ve had opportunities to engage with the community on a number of levels, and the guidance and encouragement has been invaluable to our progress thus far. With this continued support, we are confident that this new facility will be a meaningful part of the community for years to come.” Previous articleDairy Groups Commend Senate Appeals for a Robust U.S. Dairy Outcome in TPP TalksNext articleMorning Outlook Gary Truitt SHARE A New Market for Hoosier Pork Producers Facebook Twitterlast_img read more

Pasadena Police Garner Grant to Fund DUI Checkpoints

first_img Business News First Heatwave Expected Next Week The Pasadena Police Department has been awarded a new traffic safety grant for an anti-DUI program aimed at preventing deaths and injuries on our roadways.Additional enforcement measures to combat impaired driving are coming, as a result of a recent $181,950 grant awarded by the California Office of Traffic Safety. The Pasadena Police Department is dedicated to keeping our streets safe through both enforcement and education.The special DUI Checkpoint grant is to assist in efforts to reduce the number of persons killed and injured in alcohol and other drug related collisions in the community. The grant activities will specifically target impaired driving offenders, as well as educating the public on the dangers of impaired driving through the use of DUI/driver’s license checkpoints. When possible, specially trained officers will be available to evaluate those suspected of drug-impaired driving.Drunk and drugged driving is among America’s deadliest crimes. In 2010, 791 people were killed and over 24,000 injured in alcohol and drug-impaired crashes in California. “Over the course of the past three years, DUI collisions have claimed 3 lives and resulted in 58 injury crashes, harming 82 of our friends and neighbors” said Pasadena Police Chief Phillip L. Sanchez. Crashes involving alcohol drop by an average of 20 percent when well-publicized checkpoints are conducted often enough. Checkpoints have proven to be the most effective of any other DUI enforcement strategies, while yielding considerable cost savings.“DUI checkpoints have been an essential part of the phenomenal reduction in DUI deaths that we have witnessed from 2006 to 2010 in California,” said Christopher J. Murphy, Director of the Office of Traffic Safety. “But since the tragedy of DUI accounts for nearly one third of traffic fatalities, Pasadena needs the high visibility enforcement and public awareness that this grant will provide.”Funding for this program is provided by the California Office of Traffic Safety, through the National Highway Traffic Safety Administration. Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Your email address will not be published. Required fields are marked * Name (required)  Mail (required) (not be published)  Website  OLD-top box left Pasadena Police Garner Grant to Fund DUI Checkpoints Published on Wednesday, December 12, 2012 | 6:05 pm Make a comment Top of the News Community News 10 recommended0 commentsShareShareTweetSharePin it center_img Subscribe Herbeauty10 Of The Most Notorious Female Spies In HistoryHerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeauty10 Brutally Honest Reasons Why You’re Still SingleHerbeautyHerbeautyHerbeauty7 Tips To Rejuvenate Winter Dry, Chapped LipsHerbeautyHerbeautyHerbeautyWeird Types Of Massage Not Everyone Dares To TryHerbeautyHerbeautyHerbeauty10 Reasons Why Selena Gomez Has Billions Of FansHerbeautyHerbeauty Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy More Cool Stuff faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community Newslast_img read more

Delgado Applauds Passage of Ohio Foreclosure Fast Track Bill, Urges Senate to Act

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago On the topic of blight in residential neighborhoods, Ohio-based Safeguard Properties Chairman Robert Klein said, “A vacant and abandoned house is not a bottle of wine. It doesn’t get better with age.”The state of Ohio is taking steps to remedy the vacant and abandoned property crisis, however, and the rest of the country may follow suit. A bill that would reduce foreclosure timelines and therefore shorten the amount of time that residential properties remain vacant in Ohio passed by a unanimous 88-0 vote in the Ohio House of Representatives earlier this week.Ohio HB 134 is the second attempt at passing a “fast track foreclosure” bill in the state of Ohio in order to expedite the residential foreclosure process after a similar bill failed last year in the Ohio Senate. Just as Ohio HB 134 did on Tuesday, the previous bill passed unanimously in the state’s House last year. The legislation, if it passes in the Ohio Senate, would reduce the lengthy foreclosure process in Ohio from its current timeline of two to three years or longer down to as low as six months in many cases.For the mortgage industry, the passage of Ohio HB 134 represents a step toward solving what Five Star Institute President and CEO Ed Delgado termed a “community crisis of national proportion.”“I applaud the Ohio House of Representatives for passing this bill, and I am pleased that it received such overwhelming support,” Delgado said. “Reducing the amount of time that properties are vacant will ultimately eliminate neighborhood blight and prevent the calamities that often accompany it, such as vandalism, violent sexual assault, drugs, prostitution, and overall deterioration of communities. This bill will take steps to ensure that these magnets for crime will be more quickly rehabilitated and promote the safety of neighborhoods across the state. I urge the Ohio Senate to act quickly in passing this bill.”Ohio State Rep. Cheryl Grossman, a joint sponsor of Ohio HB 134, stated, “To be able to shorten this process from two to three years down to six months benefits everyone. I think it will have a huge impact. This is something that’s not unique to one area of the state. There are problems throughout the state and throughout our country on what falls in this category. What we can do to respect the homeowners that are maintaining their properties and being responsible and not have to have a boarded-up house next to them, that is huge.”“A vacant and abandoned house is not a bottle of wine. It doesn’t get better with age.”Robert Klein, Chairman, Safeguard Properties The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Fast track foreclosure bill Ohio Safeguard Properties Vacant and Abandoned Properties 2015-11-18 Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago Previous: CoreLogic Unveils Enhanced Home Equity Data Offerings Next: Fed Reform, Mortgage Access Bills Under Threat of Veto from the White House in Daily Dose, Featured, Foreclosure, News Tagged with: Fast track foreclosure bill Ohio Safeguard Properties Vacant and Abandoned Properties Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago The bill now moves on to the Ohio Senate, where it ran into problems last year. But Ohio HB 134 has some strong backing that may give the bill the lift it needs in order to pass the Senate and become law.“We know the people in the Senate who are very involved in this project, including the Governor’s office, and we’re going to keep pushing to make this thing pass,” Grossman said. “I feel pretty confident that once it passes in Ohio, other states will pick up on it.The idea for the bill was first proposed by Columbus City Attorney Rick Pfeiffer, and Ohio HB 223 was introduced to the Ohio Senate in June 2013 by Grossman, a Republican, and Ohio State Rep. Michael Curtin, a Democrat. The bill passed unanimously in the Ohio House in April 2014, but then an amended version of the bill failed to make it out of the Ohio State Senate Finance Committee when it was introduced there eight months later in December. A new version of the bill, Ohio HB 134, was introduced earlier this year by the same two joint sponsors, Grossman and Curtin.The changes to Ohio HB 134 from the bill that did not pass in the Ohio Senate last year include:additional criteria defining a property as vacant and abandoned (three things from a checklist instead of two);a high burden of proof (clear and convincing evidence) that the criteria for defining a property as vacant and abandoned are met;a requirement that the mortgagor must be in monetary fault, along with a burden of proof;a statement that if another mortgagee or defendant has filed an answer or objection, it will preclude the expedited foreclosure;allowing the purchaser to file a motion with the court to proceed with the transfer of the property title if the deed is not prepared within 14 days, and the recording of the court order or confirmation of sale can act as the transfer of title (the previous bill allowed only the recording of the court order to act as transfer of title without first going through the court motion process;and a requirement that the officer record the deed within 14 days after the confirmation of sale and payment of the balance due, not one or the other.“This preserves the original intent of the bill to allow for an expedited process to foreclose on vacant and abandoned homes while not impeding the homeowners’ rights,” Grossman said. “It also allows second and subsequent attempts at sheriffs sales to be conducted without a minimum bid. This will aid in selling more foreclosed homes to reduce the number of empty houses in our neighborhoods, greatly preventing and reducing the number of blighted homes.”If Ohio HB 134 passes in the Ohio Senate, Ohio would be the eighth state since 2009 to pass a fast track foreclosure law. The others are Michigan, Oklahoma, Kentucky, Indiana, New Jersey, and Nevada. As is the case in Ohio, the majority of these are judicial foreclosure states, meaning the foreclosure process must pass through the courts to be complete; the only one of the aforementioned states where the foreclosure process is completely non-judicial is Michigan.Ohio’s bill raises the possibility of fast track foreclosure legislation at the national level. Delgado, who spoke on the topic of finding solutions for neighborhood blight and vacant properties at the National Property Preservation Conference in Washington, D.C. earlier this week, called Ohio HB 134 “an important template toward the introduction of a national course of solution for vacant and abandoned properties.”“This is the first bill that actually details that once you get a property that is vacant and abandoned, it will be fast-tracked to about six months on the foreclosure,” Klein said. “That is going to have a tremendous, tremendous impact on vacant and blighted properties. We still have a way to go, but this is definitely the first push. The sooner we get this bill passed in the Ohio Senate, I think it will have an impact on community blight on a national scale.” Delgado Applauds Passage of Ohio Foreclosure Fast Track Bill, Urges Senate to Actcenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland.  Print This Post November 18, 2015 2,324 Views Home / Daily Dose / Delgado Applauds Passage of Ohio Foreclosure Fast Track Bill, Urges Senate to Act Demand Propels Home Prices Upward 2 days ago About Author: Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago Share Save Related Articles The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more