DS News Webcast: Tuesday 11/19/2013

first_img Previous: JPMorgan Chase Reaches $13B RMBS Settlement with U.S. Government Next: MountainView Brings Another Fannie Mae Portfolio to Market The Week Ahead: Nearing the Forbearance Exit 2 days ago DS News Webcast: Tuesday 11/19/2013 Servicers Navigate the Post-Pandemic World 2 days ago Is Rise in Forbearance Volume Cause for Concern? 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save Home / Featured / DS News Webcast: Tuesday 11/19/2013 Demand Propels Home Prices Upward 2 days ago in Featured, Media, Webcasts The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img  Print This Post About Author: DSNews Subscribe 2013-11-19 DSNews Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago November 19, 2013 568 Views Sign up for DS News Daily Related Articleslast_img read more

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Law firm giant snaps up conveyancing broker popular with estate agents

first_imgOne of the leading conveyancing broker platforms used by estate agents – Conveyancing Alliance (CAL) – has been bought by law firm giant O’Neill Patient (ONP) for £27.3  million from parent company ULS Technology.CAL is a broker platform that focuses specifically on the needs of brokers, volume estate agents and their clients, and offers conveyancing services from a panel of well-known law firms including ONP. Its most recent full accounts show it turnover £8.93 million, generating an operating profit of £2.4 million. It has 16 employees.ULS, which also operates the eConveyancer platform, says it has sold CAL because, although it is an “effective but simple conveyancing comparison site for individual mortgage brokers” it does not “support the Group’s vision”.The cash will be used to clear ULS’s debts and the remaining £25 million will be used to develop and launch a platform that will provide consumers with a new and seamless way to move home or remortgage and manage their existing home.CAL is the second purchase ONP has made in the past eight months, the first being of London-based Cavendish Legal Group in March.The company says it has ambitious expansion plans, with further acquisitions planned for next year.CEO Andy Scaife (pictured) says: “I want to emphasise the importance that we place on all introducers, panel managers, brokers and estate agents.“We have worked hard over a number of years to build close working relationships and we intend to continue to work with all of our customer partners, across the industry, to provide the same exemplary service we have become well known for.”Read more about O’Neill Patient.Conveyancing Alliance ULS Technologies econveyancer O’Neill Patient November 1, 2020Nigel LewisOne commentDavid Jabbari | Solicitor | Founder and CEO of Muve | [email protected] |, Muve Muve 1st December 2020 at 10:46 amThis is one of the more interesting deals in the legal market so far this year, with ONP stepping out from its traditional focus on fulfilment directly into lead generation. Perhaps a recognition by ONP that it needed to keep up with the other major PE-backed law firm group, MyHomeMove (MHM)/ Simplify, in acquiring sources of new work rather than just building capacity. I am not sure that there is a very clear strategy underlying the acquisitions activity of either group. They are under pressure from their backers to acquire, above all acquire! But that’s a bit like shopping on the high street during lockdown. MHM are buying up local law firm brands but how good is the tech being bought, the working practices, and above all the introducer relationships? ONP – which is very much an affinity provider (the law firm sitting behind the introducer brand) – is now making tentative steps into direct relationships via Cavendish and CAL. The acquisition of CAL makes sense but is panel management really the way the conveyancing market is likely to evolve when it cannot offer price transparency or uniform delivery quality? I can’t see the need for a plethora of local brands and presence, nor a panel management capability, to make a significant inroad into the national conveyancing market.Log in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Law firm giant snaps up conveyancing broker popular with estate agents previous nextProducts & ServicesLaw firm giant snaps up conveyancing broker popular with estate agentsO’Neill Patient has bought specialist Conveyancing Alliance from tech PLC ULS for £27.3 million.Nigel Lewis1st November 20201 Comment687 Viewslast_img read more

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Unilever to close defined benefit pension fund in Netherlands

first_imgUnilever Netherlands is planning to close Progress, its €6bn defined benefit scheme, and replace it with a collective defined contribution (CDC) pension fund as of 1 January.The decision comes as a consequence of a collective labour agreement (CAO) between the employer and unions, which included a new pension plan for the company’s 3,000 Dutch staff. Frans van de Veen of union CNV Vakmensen said: “The advantage of the new scheme (Progress II) for Unilever is that its pension liabilities are to become stable. And for the workers, it is good to have clarity about their pensions arrangements.”The accrual rate under the new pension plan is to drop slightly to the tax-facilitated percentage of 1.875. At the same time, Unilever is to improve the arrangement by lowering the franchise – the part of the salary exempt from pensions accrual – by €1,000 to €12,642.Unlike with many other CDC schemes, the contribution has not been fixed for five years.“The premium is to be established annually and will, in part, be dependent on the level of interest rates,” said Van de Veen.Because Unilever will not have to meet any funding shortfall, Van de Veen said he expected the future contribution would be quite stable.Progress II is to start with a €30m contribution from the employer to increase the potential for indexation.According Van de Veen, only a “very bleak scenario” would threaten the granting of indexation.Under the new CAO, the premium for Unilever’s staff will be increased by 0.5 percentage points to 3%, but the increase will be offset by a salary increase of 5.65%.With a nominal funding of 138% and a real coverage of 104% as of the end of October, Progress is one of the best performing pension funds in the Netherlands.last_img read more

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Chelsea wage bill lower than United

first_img The London club’s annual accounts have been lodged at Companies House and reveal that Chelsea’s wage bill for the 2013/14 season was £190.5million, up eight per cent from £176m. United are currently the biggest payers in English football, shelling out a total £214.8m on salaries while City’s wage bill dropped last season to £205m. Press Association Arsenal are next in the pay league with a total wage bill of £166.4m while the scale of Southampton’s success on the pitch is illustrated by the fact that their wage bill was a fraction of their rivals – the latest figures available for 2012/13 show the Saints, currently third in the Premier League, paid out just £47.1m in salaries. Chelsea’s accounts confirm the club’s announcement in November that they made a £18.4m profit last season – but shows this was helped by a £65m profit in player trading thanks to the sales of Juan Mata to United, David Luiz to Paris St Germain and Kevin de Bruyne to Wolfsburg. It allowed the club to overturn a £49.4m loss on the season before and should make them assured to comply with UEFA’s financial fair play rules. Chelsea’s accounts show broadcasting income increased by £34m to £139m, due to the new Premier League television deal plus the benefits of being Champions League semi-finalists, while commercial income also showed a big rise, up £29m to £108m. Turnover overall was up £64m to £319.8m. The accounts say five new players brought in by Jose Mourinho since June 30 2014 – including Diego Costa and Filipe Luis – cost £62m with £19.6m coming in for players who were sold. center_img Chelsea may be top of the Premier League but their wage bill is still some way below their two Manchester rivals, according to latest figures.last_img read more

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Proud Younus keen to carry on as 10 000 Test runs beckons

first_imgBy Nick MulvenneySYDNEY, Australia (Reuters) – Younus Khan’s disappointment at Pakistan’s perilous position in the third Test has been mitigated by his first century in Australia and proximity to the exclusive 10 000-run club, the 39-year-old said yesterday.The right-hander bucked a run of poor recent form to grit out a magnificent 175 in Pakistan’s first innings, walking off the Sydney Cricket Ground pitch unbeaten after running out of partners.While his century gave him a full set of hundreds in Test-playing nations, the lack of support from his teammates left him 36 shy of becoming the first Pakistani batsman to score 10 000 Test runs.But even if Pakistan finished day four of the Test staring a 3-0 series sweep in the face with one wicket down and 410 runs from an unlikely victory, it was not about to spoil his pleasure.“I love to perform for my country, for my team and whenever my team needs me, it’s a little bit late this time, but I am a proud Pakistani and at least I have made a hundred in Australia,” he said.“The previous time I was out for 87 in the 2004 Boxing Day Test so it was my wish that I have one or two centuries and certainly my wish has come true and I am a happy man at the moment.”With his 42-year-old captain Misbah-ul-Haq expected to call time on his career this year, some have suggested this tour might mark the end of an era with Younus following suit.Younus, though, said he would want to carry on playing Test cricket even if he was not quite so close to the 10 000-run milestone.“It all depends on my team and what they want. That’s the main thing for me. It’s not about that I’m near 10 000 runs which will be a big achievement as a Pakistani,” he said.“If you see that list there is no Pakistani who has achieved 10 000 runs so it all depends on my team and depends on the PCB (Pakistan board) and how they want me. I’ll keep in touch with them as they tell me what they need from me.”Only 12 players, everyone a great of the game, have previously scored 10 000 runs over a career but Younus does not think becoming the 13th would make him the greatest Pakistani batsman.“Javed Miandad is there, Zaheer Abbas is there. There are a lot of great players there. Inzamam (ul-Haq) is also there,” he said.“I don’t feel I will be the greatest batsman ever for Pakistan.“But when I leave the field and ultimately retire this is my wish. They all remember me like ‘he is a fighter and he played hardest for his country and his teammates’.”last_img read more

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Tottenham boss plays down controversy

first_imgTottenham boss Mauricio Pochettino played down the angry scenes which blighted his team’s dramatic draw at Chelsea.The Blues’ comeback from 2-0 down to snatch a draw ended their rivals’ title chances and confirmed Leicester as champions.Pochettino broke up a first-half spat between Willian and Spurs’ Danny Rose near the touchline, and during a melee that followed Moussa Dembele appeared gouge Chelsea striker Diego Costa’s eyes.Nine Tottenham players were booked during the game at Stamford Bridge, where players as well as the managers and coaching staff of both teams were involved in an angry scuffle by the tunnel at the end of the match.“I think we were all involved. When you play for the title and you play big teams like Chelsea, they want to win,” Pochettino said.“There is nothing to say. It was normal emotion – fighting on the pitch, (but) maybe not a good example from both teams.“We want to win and sometimes a situation like tonight happens. Nothing to say. Nothing to blame.“You can see in every game in the last few days a lot of things happen because it’s the end of the season and there is emotion. We are human.”Pochettino insisted he did not see the incident involving Dembele and Costa.Asked further about the conduct of his players, he said: “I need to review the video. When you are on the touchline it is difficult to observe the situation.”See also:Sensational Chelsea comeback ends Spurs’ title hopesRanieri thanks Hiddink after Chelsea fightbackSpurs’ Dembele gets six-match ban for Costa clashFans on Twitter react to Hazard-inspired Chelsea comebackHiddink: Why Hazard did not deserve to start against SpursChelsea v Spurs player ratingsFollow West London Sport on TwitterFind us on Facebooklast_img read more

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Mohammed Shami’s fitness key for India in England Test series: Nehra

first_imgIndia’s pace attack in Test cricket is regarded as one of the best at the moment. India’s pace battery includes Ishant Sharma, Mohammed Shami, Umesh Yadav, Bhuvneshwar Kumar, Jasprit Bumrah and Shardul Thakur.This Indian pace attack has it in them to take 20 wickets overseas and the fast bowlers enjoyed a successful three-match Test tour of South Africa in January.India’s fast bowlers picked up 50 of 60 wickets in the three matches in South Africa and will once be in focus during the five-match Test series in England starting at Edgbaston on Wednesday.Former India pacer Ashish Nehra has analysed the Indian fast bowling unit and expects them to be on top of their game in England.Ravi Shastri promises surprises from India’s ‘flexible’ batting line-upNehra said Shami will have to work hard on his fitness and must take good care of his knee.”Fitness. He has had a bad knee. He has not played a lot of cricket recently, including in the IPL. The captain also has to look after Shami. He is not like Ishant [Sharma], who can give you an eight or nine-over spell. Shami can be given six to seven overs in the first spell and then a short burst of four to five overs, where he bowls all out,” Nehra told ESPNCricinfo.Indian bowling attack suited for all conditions, reckons Darren GoughIshant Sharma is making his third tour of England and has happy memories. His experience will be important and in absence of Bhuvneshwar Kumar he will have to shoulder the reasonability.advertisementIshant has played 7 matches in England and has pocketed 25 wickets. His career best bowling figures of 7/74 was also record in England when he bounced out the home team’s batsmen in India’s historic victory at the Lord’s in 2014.Nehra wants Ishant to be more “consistent” and must “alter his length” according to the pitch and conditions.”Consistency. I know he is a workhorse and the captain will look to him for long spells, but he has to be careful not to burn out. He should be able to tell the captain [if he is] being overused. Also, he needs to focus on not giving runs. If he is not picking up wickets, no problem.”I completely understand that he has that length, which is really short. But he should be able to alter that length a little bit, according to the pitch, according to the batsman,” Nehra said.India lose crucial practice session before 1st Test vs EnglandBumrah will be available for selection from the second Test onwards. He made his debut in the first Test in South Africa earlier this year but after a nervy start he looked like a pro from the second Test.”His X-factor is his action. If you haven’t played him much, it is not easy to pick him. He has pace and the ball comes a lot quicker than you think. Out of the lot of Indian fast bowlers he has the best yorker. He should look to use the bouncer as a surprise weapon,” he said.last_img read more

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2012 Sportscover Sponsorship Fund Grants

first_imgApplications for the 2012 Sportscover Sponsorship Fund (SSF) are now open, with 20 grants to be awarded to clubs and associations across a broad cross-section of sports. The 20 grants, worth US$750 each, will be awarded to a variety of amateur sports clubs, associations and people who are striving to achieve sporting greatness in their community.Sportscover’s desire to assist community sports led to the creation of the SSF,  and over the last few years, the SSF has donated over $70,000 in grants to grass-roots sporting clubs and associations.The first round is now closed, however the second round of grants, in which seven grants will be awarded, will run from the 1st August – 15th September, and the third round of grants seeing six awarded will be open from the 1st October – 15th November.To view eligibility criteria please visit the following link:§  http://www.sportscover.com/sp_criteria.asp The application form can be found at:§  http://www.sportscover.com/ssf/ For more information on the SSF, please visit the Sportscover website by following the link below:http://www.sportscover.com/supporting-sport.asp?id=1610Related Links2012 SSF Grantslast_img read more

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9 months agoChelsea boss Maurizio Sarri: VAR killing match atmos

first_imgChelsea boss Maurizio Sarri: VAR killing match atmosby Paul Vegas9 months agoSend to a friendShare the loveChelsea boss Maurizio Sarri admits he’s no fan of VAR.The Blues lost the first-leg of their Carabao Cup semifinal at Tottenham due to the intervention of technology.Sarri said: “The problem is not the referee or one or the other. The problem is they are not ready to use VAR.”They use the system for the first time in the League Cup so they need only to get used to using the system. I don’t like the VAR but it is only my opinion.”We risk changing the atmosphere in the stadium. You score but have to wait for 30 seconds to celebrate. It is negative for the atmosphere in the stadium.” About the authorPaul VegasShare the loveHave your saylast_img read more

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