Heartland Seniors Finance has won the award for Best Reverse Mortgage at Money magazines annual Best of the Best awards held in Sydney on Wednesday night.
Recognised for the value offered to its customers, CANSTAR assessed Heartlands Reverse Mortgage product based on a combination of features including its flexibility and lack of ongoing fees.
An industry leader in the Reverse Mortgage market, Heartland Seniors Finance caters to older Australians and offers the ability to meet the ever growing gap between superannuation, the pension and retirement needs.
The lenders winning product is designed to help older Australians manage their financial requirements in retirement, with common uses range from consolidating debt, completing household renovations or covering general living expenses. The amount borrowed depends on a number of factors, such as age (minimum 60 years), location and the valuation of their home.
Andrew Ford, Heartland Seniors Finance CEO, said they are thrilled to win the Best Reverse Mortgage award for the seventh year running.
To receive recognition from Money magazines prestigious Best of the Best awards is a great honour for Heartland. That said, helping thousands of Australians to live a better retirement is the most rewarding aspect of what we do.
With many senior Australians now living in homes that hold much of their wealth, Heartland is really pleased to help older Australians access funds through our Reverse Mortgage product, so they can enjoy their hard earned retirement and stay in their own home, said Ford.
Edwards worked in the Cannon Beach Police Department in Oregon for almost four years, and then transferred to the King County Sheriff’s Office in July 2015.
In Cannon Beach, she primarily worked patrol, but also had detective training. She handled a lot of community meetings and training. She also wrote grants that secured funding for Cannon Beach for equipment and programs.
MILWAUKEE, WI — On Saturday, Dec. 3, 75 area kids will shop for holiday gifts with sheriff’s deputies and police. Correctional officers, civilian staff, Explorers and Police Aides are also volunteering for the event.
Sheriff David Clarke first became aware of “Shop With a Cop” while visiting family in Green Bay when he saw the nationally acclaimed program advertised in a local newspaper, according to a press release. The program builds positive relationships among law enforcement officers and young people in the community. In 2007, Sheriff Clarke started the program in Milwaukee County.
The Sheriff’s Office reached out to the Milwaukee-area business community and successfully secured funding for the program for its 10th year. Donations will allow children from Journey House, Boys and Girls Club, Neighborhood House, the SOS Center and the Lighthouse Youth Center to enjoy breakfast and a day of holiday shopping with a law enforcement officer.
Each child from first through eighth grades will be paired with a law enforcement officer. They’ll board a chartered bus at Journey House and head to the Hilton City Center downtown for a catered breakfast and then to Walmart.
At Walmart, the children will be able to purchase up to $100 of gifts for family members and themselves. After shopping, they’ll head back to Journey House where volunteers from Girl Scouts, Kohl’s Cares, and the community will wrap their gifts with them, and the kids will take pictures with Santa and enjoy pizza and holiday activities.
Sheriff’s deputies will be joined by police officers from Milwaukee, Fox Point, Greenfield, Greendale, Hales Corners, Oak Creek, St. Francis, West Allis, Wisconsin State Fair Park, Marquette University and UW-Milwaukee, along with deputy marshals from the US Marshals Service.
“This is a great opportunity to make a child’s holiday a little brighter,” said Sheriff Clarke. “If we influence children early, we can forge a positive perception of law enforcement officers that will last a lifetime.”
The MCSO thanks all the participating businesses and organizations for their monetary and in-kind donations which make this event possible: Jani-King, The Marcus Corporation, Surg Restaurant Group, McDonald’s, Walmart, Journey House, Go Riteway, The Business Journal, Milwaukee Journal Sentinel, Lamar Outdoor Advertising, SEVVA Salon and Nail Boutique, and Distinctively Different Quartet. A special thank you to anonymous individual contributors who sponsored children for this event.
Image by Florida Fish and Wildlife via Flickr Commons
A 23-year-old Stockton, Calif., man is accused of scamming two banks in Minot, one in Dickinson, and trying to scam a bank in Rolla last summer to get cash advances on a credit card.
Banque Du Caire finances purchase of 7317 residential units within CBE real estate financing initiative
Banque Du Caire finances purchase of 7,317 residential units within CBE real estate financing initiative
Banque Du Caire purchased 7,317 residential units for low and middle-income segments as part an initiative by the Central Bank of Egypt (CBE) launched between February 2014 and September 2016, according to Mounir El-Zahid, chairperson of the bank. El-Zahid explained that there are nearly 4,326 loans already being implemented worth EGP 320m, in addition to hellip;
In addition to processing payments for merchants, Silicon Valley payments company Square has another growing business–lending. Squares two-year-old lending arm, Square Capital, has lent $1 billion in cash advances and loans to more than 100,000 businesses, the company said Monday.
Square, which was founded by Twitter CEO and co-founder Jack Dorsey, originally launched the lending arm in 2014 to provide cash advances to merchants using Square’s point of sale service. Square will take into account company sales data and cash flow, among other information that flows through its payments service, to determine if a business qualifies for a loans and what the resulting fee structure may look like.
Earlier this year, Square said that it would be expanding into traditional online loans from cash advances, with fees between 10% to 16% of the amount borrowed. The company has also expanded beyond just lending to merchants who use its credit card scanner.
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Square makes money from its lending business by selling the majority of its loans to third parties for an upfront fee and a small ongoing servicing fee. The company also issues loans from its own balance sheet as well.
In the most recent quarter, Square reported 35,000 loans totaling $208 million, which is a 70% jump from the same quarter in 2015. On Monday, Square said that 92% of Square Capital loans are for amounts under $50,000, with the majority of loans originating from merchants in the Southwest and West parts of the United States. The average loan size is $6,000.
But like in payments, Square faces competition in small business lending. American Express now has a lending arm for small businesses. Theres also increased investor skepticism in alternative lending services, especially after the recent stumbles from Lending Club.
In fact, in the first quarter of 2016, Square said it was experiencing “challenging credit market conditions” and also reported delays in signing new investors to back the lending business. But in the second quarter, Square said that it added five new investors to invest lending capital for Capital.
Revenue from Square Capital, and the company’s other software services which include invoicing and analytics, was $35 million in the third quarter of 2016, up 140% from the third quarter of 2015, driven by growth in Capital, the company said last week.
Van de Velde, general manager of Awbury Arboretum, has served on the board since 2007 and has been chair since 2013. He became chair after the university fired its former president Carl Tobey Oxholm III.
This summer, outgoing faculty senate president Peter Siskind said in an email to faculty that 10 members of the board of trustees had resigned in recent months, and five more had left as their terms expired. Those who have left include distinguished members, some with leadership positions and roles in overseeing finances.
The departures occurred as the university, which operates on a $125 million budget, was trying to close a deficit originally projected at between $7 million and $10 million in March and reduced to $1.4 million in June. The budget has since been balanced, the university said in August.