CRC Report Ready

first_imgThe Constitution Review Committee (CRC) has announced its readiness to submit to President Ellen Johnson Sirleaf the final results of the National Constitution Conference held recently in Gbarnga, Bong County.The conference, which proposed major changes in Liberia’s 1986 Constitution, was held from March 29 to April 2, 2015.It brought together delegates from the 15 counties and the Diaspora to vote on 25 proposed constitutional amendments to be submitted to President Sirleaf. The President had assured the delegates at the conference that once she receives the proposed changes to the constitution, she would forward to the Legislature in a timely manner a document that reflects the concerns and aspirations of the Liberian people. “Then it would be left with the Legislative disposition and submission of the set of proposals for referendum.”  The proposed amendments include reducing term durations for political offices and making Liberia a Christian state. With the recent pronouncement by Cllr. Scott that the report is ready, it is not clear whether it contains the controversial clause that has to do with turning Liberia into a Christian Nation. The Gbarnga Conference was attended by representatives of the 73 districts, Liberians from the Diaspora, representatives of political parties, civil society organizations (CSOs), and traditional leaders, among others.CRC Chairperson Gloria Musu Scott made her announcement at the Ministry of Information’s regular press briefing in Monrovia on Tuesday.She described the Gbarnga Conference as a “historic milestone” in post-conflict Liberia which is seeking sustained peace and reconciliation through constitutional reform.She stressed that the CRC has recognized and acknowledged the governance and democratic sensitivity of Liberians and their determination for genuine and progressive reforms that would promote fundamental freedoms, infrastructural, economic and people’s development.Liberians from all sectors of life must be commended for converging to make constitutional decisions without any political, social, economic and religious discrimination and preferences, said Cllr. Scott.She described the process as an “unprecedented democratic exercise with healthy engagements in which independent views were proposed and differences expressed with intensity without restriction, intimidation and discrimination among citizens.”According to her, the National Constitution Conference achieved national ownership, inclusiveness, national awareness and accountability because it also brought validation and consensus on the socio-economic rights, governance, decentralization, citizenship, persons with disabilities, family and religion as advanced by the delegates.  The objective of the conference was to validate the views of the citizens as published in the preliminary summery of views of Liberians as expressed during the consultations and sectorial meetings in 73 electoral districts and in the Diaspora.   “In a transparent manner,” Cllr. Scott maintained, “the CRC circulated its report, which contained views from electoral districts, stakeholders, government specialized agencies or commissions and Diaspora Liberians as well as the 25 recurrent views from the field.”Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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The Latest in DI Foreclosures and REO

first_img On Tuesday, September 18, The Five Star Conference hosted a series of labs, open to all attendees and aimed at providing strategic insights and industry expertise for housing and mortgage professionals.The highlight of the day was two appearances by Mrs. Laura Bush, First Lady of the United States (2001–2009)—first in a keynote conversation with Ed Delgado, President, and CEO of The Five Star Institute at the inaugural Diversity & Inclusion (D&I) Lab and then delivering a Keynote at the Women in Housing Leadership Awards Banquet.During her keynote conversation with Delgado, Mrs. Laura Bush spoke about her work for women’s literacy and rights through the initiatives of the Bush Institute’s Women’s Initiative and their goals along with personal anecdotes on what it was like being The First Lady and her learnings from that time, answering questions as diverse as how she took criticism in her stride and the winning  recipe of a chocolate chip cookie she made during a baking challenge during her time as First Lady.Discussions during the D&I lab also included insights into how the market has changed in terms of D&I 50 years after the Fair Housing Act was passed, supplier chain diversity, aligning D&I with business objectives, the current state of D&I in the industry, Freddie Mac’s view on diversity initiatives, and a session on how machine ethics could be utilized to program out implicit biases.At the REO lab earlier in the day, attendees learned about navigating a challenging REO market as well as the best strategies and solutions for a successful REO business. Eric J. Will, Senior Director, REO Operations, Freddie Mac served as Lab Director.During this lab, experts discussed recent vendor management changes and what today’s vendors are looking for in an agent/broker partnership. In an REO market update, the panel examined how the management of REO assets had changed from a volume play to a more boutique approach and the impact reverse mortgages may have on the REO market going forward. Attendees to this lab also received an update from Fannie Mae on the latest GSE news for REO professionals who work with the organizations as well as more information on loss mitigation efforts, preferred disposition strategies, and upcoming projects at the GSE.Karen Mastro, SVP, Servicing Operations Manager, Rushmore Loan Management Services LLC led the third lab of the day—the Foreclosure Lab—that offered strategies required for seamless operations and premium services for smart foreclosure administration practices.The session began with an overview by Mark McArdle, Assistant Director, Mortgage Markets, Bureau of Consumer Financial Protection (BCFP) on how the BCFP fits into the modern landscape of foreclosures and what lenders and servicers could do to streamline their interactions with the bureau.A panel discussion on property maintenance during foreclosure also gave insights into its often overlooked aspects such as occupancy certificates to cure violations, permit issues in various municipalities, and determining vacancy of a foreclosed property.The lab also discussed pertinent topics such as charge-off policies from the GSEs, dealing with foreclosures for HOAs and Condo Associations, and how servicers could stay updated with rules and regulations in foreclosures. September 18, 2018 567 Views The Latest in D&I, Foreclosures, and REO in Daily Dose, News, Servicinglast_img read more

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