ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » The NCUA board unanimously agreed on Thursday to publish a proposed rule that would increase the threshold for required appraisals for residential real estate transactions from $250,000 to $400,000.The threshold has not been increased since 2002, Larry Fazio, director of NCUA’s Office of Examination and Insurance, told the board.If adopted, the rule could exempt an additional $14 billion in mortgage balances, Kenneth Acuña, a senior credit specialist with the agency said.NCUA board Chairman Rodney Hood said the proposal is part of the board’s efforts to update its rules.
Handshakes and kisses are out. Hand sanitizer and air kisses are in. And coughing is a major no-no.Welcome to the SuperReturn International private equity conference in Berlin, where nervous attendees spooked by the rapidly spreading coronavirus are covering up any fears with gallows humor rather than face masks.The world’s largest private equity and venture capital event, boasting over 3,000 attendees, turned into a slightly muted affair as many Italian and east Asian investors stayed at home. A few big name guests didn’t turn up, while some withdrew attendees overnight. And others, including some CD&R employees, just dropped out at the last minute. “This year people are not shouting from the roof top — it’s a more measured mood in comparison with recent years and the coronavirus is weighing on the atmosphere,” said Richard Hope, head of EMEA at Hamilton Lane.The organizers, however, said there had been no significant impact on attendance. And to be sure, two of the biggest names in the industry, Apollo Global Management’s Leon Black and Carlyle Group Inc.’s co-founder David Rubenstein did show up.But the potential impact of the disease was never far from attendees’ thoughts.After a decade-long tear of blockbuster returns and trillions in new capital from institutional investors, there are now concerns that the China-originated virus will upend global growth — dealing damage to some of the thousands of firms now owned by the likes of Blackstone Group Inc. and KKR & Co. Some firms are more vulnerable than others. Portfolio companies dependent on China, reliant on foot-traffic in retail stores, or in the travel industry will be among those impacted badly, Christophe De Vusser, partner at Bain & Co. said in an interview at the conference.Kewsong Lee, co-chief executive officer at Carlyle, told attendees the short-term economic impact of coronavirus would be greater than people think. He added that in the long run, the global economy would see steady growth.“You can’t have 40% to 50% of the world’s second largest economy be sequestered in the way it has been and not have an impact,” he said, a reference to quarantine measures in parts of China that have seen factories closed and whole city populations confined to their homes. Topics : read more
The annual flag football game is going to be exceptionally brutal this year, with PETA already planning on protesting the cruelty the Gentle Clowns are going to bestow on the poor little Dirty Birdies.Resident news lady and this year’s secret weapon Peyton “How hard can I tackle people?” David warned the news team to look out for an incident report after the beating that is sure to go down at Vilas Park.While the Herald might have been “rebuilding” the team for the past few years, the formula has finally been perfected and there is no way that a Dirty Bird victory will take place. Just ask associate sports editor Stephanie “Don’t let the smile fool you” Browne, who is claiming that this will be a bigger comeback than Peyton Manning had in 2012.Dirty Birds will go back to FAKE NEWS after ferocious Gentle Clown victory this SaturdayExpert analysts will be proven wrong this year as the Gentle Clowns destroy the opposing team. After their infamous losing Read…Of course, the amount of female power on the field is going to be an entirely new phenomenon for the Dirty Birds, who have about 10 hens and 900 roosters in their bird house. While the poor little birdies might be afraid of some female power, the Herald is going to be relying on it heavily as their wonderful editor-in-chief Alice “I’m cute but I’ll still cut you” Vagun and managing editor Yusra “Don’t make me get blood on my jeans” Murad, who will lead the Gentle Clowns into victory while wielding their woman card, which is good for 76 cents on the black market.Of course, they will also be backed up by managing editor Teymour “I state unpopular opinions for fun” Tomsyck, who will most likely be supporting the Herald’s drinking crew, which will be lead by arts editors Kristin “Should’ve brought my cat to this” Washagan and Aidan “I just want a mimosa” McClain. A fan will most likely find these three laying on the grass, looking like extras straight out of “The Breakfast Club,” unaware of which direction the game is taking place.On the field, the Herald is expecting opinion editors Lucas “Basically Jonathan Taylor” Johnson and Aly “Nasty Woman” Niehans to be the unstoppable duo of the afternoon. Rumor has it that their rage has been building up all semester due to the number of Donald Trump LTEs they have had to read since September. They are almost as nuclear as North Korea at this point.While one might expect the Gentle Clowns to be lead by sports editor extraordinaire Kristen “I’m Peyton Manning, but without the throwing” Larson, a recent white blood cell injury will have her sitting on the bench (actually her bed) cheering her team on from the sideline. Anyone who hears a crazy woman shouting around Park Street should not call local authorities, because she would not do well in jail. She is too frail.Avian influenza deemed more humane than Dirty Birds’ inevitable beatdown at Vilas ParkAfter the Cardinal finally agreed on a date to engrave upon their tombstones, the greatest game ever played returns to Read…Instead, the Gentle Clowns will have to rely on sports editor Brice “Bro, I live like RIGHT next to Hillary Clinton” Schreter to guide them through the game as he explains for about 10 minutes how he used to play football in high school.The game — which will soon live in infamy — will take place at the Camp Randall of parks — aka Vilas Park — at 11:30ish Saturday. Realistically, the game will start whenever people are drunk enough to want to play flag football.Fans are encouraged to send Snapchats of the game to their friends. read more
Chiefs (11-4)Best possible matchup: Texans. The Chiefs did lose to the Texans at Arrowhead Stadium during the regular season, but Houston has a downfield passing-oriented offense, and Kansas City has had impressive secondary play all season. The Texans would struggle to duplicate their ideal ball-control approach, and they don’t have anyone who can cover Hill or Kelce.Worst possible matchup: Ravens. These teams present equal nightmares to each other. The Chiefs have a strong secondary and a versatile pass rush that can rev up when needed, but their linebackers are a big weakness, both in stopping the running game and covering backs and tight ends.MORE: Seeding scenarios for Chiefs in AFCTexans (10-5)Best possible matchup: Bills. The Texans’ defense is a massive weakness in many capacities. They can benefit from an erratic, inexperienced quarterback being on the other side of Deshaun Watson, who can make big plays even when the Bills’ defense takes them away on script.Worst possible matchup: Ravens. The Texans were blown out in the first meeting in Baltimore. The rematch is bound to be just as ugly.Bills (10-5)Best possible matchup: Steelers. The Bills played the Patriots in the regular season but not the Ravens, Chiefs or Texans. They did just beat the Steelers in an ugly defensive game. Buffalo matches up well against Pittsburgh offensively, too, with Allen presenting off-script problems for the Steelers run defense and 3-4 pressure.Worst possible matchup: Ravens. Welcome to the club, Bills. The Ravens can run all over them with Jackson and Mark Ingram and make the game a nightmare for Josh Allen.Titans (8-7)Best possible matchup: Chiefs. Tennessee beat Kansas City earlier this season, and its run-oriented offense can give the Chiefs more problems in a wild-card game. Keep in mind the Titans did go into Arrowhead and win in the playoffs two years ago.Worst possible matchup: Patriots. The Titans aren’t that complicated to defend once their running game is contained, and rookie A.J. Brown would be locked down by Stephon Gilmore. The Patriots match up well offensively, too, because of their versatile passing game. Seahawks (11-4)Best possible matchup: Vikings. The Seahawks have played only one game decided by more than one possession all season. That game was against the Vikings at home, where the Seahawks ran all over a tough run defense and won the battles up front on the other side of the ball, too.Worst possible matchup: Saints. The Saints won in Seattle without Drew Brees. They have a solid run defense even with their injuries and can make big plays when needed against the pass. The Seahawks also don’t match up well with Michael Thomas and/or Jared Cook.MORE: Seeding scenarios for Seahawks in NFCPackers (12-3)Best possible matchup: Saints. New Orleans isn’t the effective running team it usually is, which gives Green Bay a break. The game would come down to Rodgers vs. Brees, and the leaks in the Saints’ pass defense would make it advantage Packers in a duel of future Hall of Famers.Worst possible matchup: Seahawks. The Packers struggle with relentless running teams, and Rodgers vs. Russell Wilson conjures up some bad memories of playoffs past. The Packers’ passing game, with little beyond Davante Adams, would give the Seahawks’ pass defense a break.MORE: Seeding scenarios for Packers in NFCSaints (12-3)Best possible matchup: Seahawks. The Saints are the better outdoors and road team with their current make-up. This, of course, would be even better is the rematch is in New Orleans.Worst possible matchup: 49ers. The Saints did score a ton against the 49ers in the first matchup, but they couldn’t stop Raheem Mostert, Emmanuel Sanders, Deebo Samuel and George Kittle, either. Kyle Shanahan’s scheming experience against New Orleans would remain a big asset.MORE: Seeding scenarios for Saints in NFC (Getty Images) https://images.daznservices.com/di/library/sporting_news/e5/c/jackson-brady-122119-getty-ftrjpg_1029iwr2ry7ow1c4jytl0h92o7.jpg?t=692312159&w=500&quality=80 Based on the collective strength of the 15 teams currently in the NFL playoff picture going into Week 17, the 2019 postseason figures to be one of the best and most unpredictable 11-game tournaments the league has seen.Once a team makes the playoffs, history shows it has as good of a chance to win it all as everyone else — if it can get hot and draw the right matchups at the right time in a high-pressure, one-and-done environment. Steelers (8-7) Best possible matchup: Ravens. What? Yes. Familiarity helps, and the Steelers did play the Ravens tough in the first meeting. Pittsburgh actually might have the defense built best to slow down Jackson and turn the game into a slugfest. The Steelers likely would need get past the Chiefs on the road to get their shot at the Ravens.Worst possible matchup: Patriots. We know what happens to Mike Tomlin’s team when it faces Bill Belichick and Tom Brady’s team when Ben Roethlisberger is healthy, so we definitely know what would happen to the Steelers against the Patriots when they are down to a rookie third-string quarterback.Raiders (7-8)Best possible matchup: Texans. The Raiders had no trouble scoring on the Texans when the teams met in the regular season. They could steal a higher-scoring game in the playoffs, too.Worst possible matchup: Chiefs. They don’t want to see their AFC West rivals for a third time. The games weren’t close, and Patrick Mahomes can easily pick Oakland apart yet again.MORE: How the Raiders can make the playoffsNFC49ers (12-3)Best possible matchup: Packers. The 49ers had no troubling smashing the Packers in San Francisco. They dictated the action with their versatile offense and were positioned to smash Green Bay’s compressed offense around Aaron Rodgers.Worst possible matchup: Saints. The 49ers did survive the first game in New Orleans, but the Saints had no trouble moving the ball on their defense. It’s hard to expect the 49ers to consistently explode on offense a second time.MORE: Seeding scenarios for 49ers in NFC (Getty Images) https://images.daznservices.com/di/library/sporting_news/5c/3/duck-hodges-122119-getty-ftrjpg_106yqdqo02tba1sc4vc04b47gc.jpg?t=692288031&w=500&quality=80 (Getty Images) https://images.daznservices.com/di/library/sporting_news/22/3e/garoppolo-brees-122119-getty-ftrjpg_11tj7isunwtd512th3bqlxvyxa.jpg?t=692394223&w=500&quality=80 NFL PLAYOFF PROJECTIONS:Predicting the seeds, matchups for AFC, NFCLooking at where teams are seeded now and where they might end up for and after Week 17, here’s breaking down the best and worst of these matchups.AFCRavens (13-2)Best possible matchup: Patriots. The Ravens had no trouble moving the ball and ripping the reigning AFC champions in the regular season. Their offensive wrinkles around Lamar Jackson neutralize the Patriots’ creative defensive scheming. The Ravens’ defense also is loaded enough to win a lower-scoring rematch.Worst possible matchup: Chiefs. The Chiefs beat the Ravens in Kansas City. Patrick Mahomes’ off-script playmaking can cause the defense front-end problems, while Tyreek Hill and Travis Kelce can use their speed and athleticism to get open against the Ravens’ secondary.Patriots (12-3) Best possible matchup: Bills. The Patriots will need to win battles of attrition based on their defensive and special teams strengths. They also lost to the Ravens, Chiefs and Texans, so we have to go with the only other team that’s already in. The familiarity of a division foe also helps their preparation.Worst possible matchup: Ravens. The Patriots also are familiar with John Harbaugh’s team being a playoff nemesis. The Patriots would need to adjust to try to figure out Jackson, and they simply can’t score enough points with the current state of their offense.MORE: Seeding scenarios for Patriots in AFC Vikings (10-5)Best possible matchup: Cowboys. The Vikings lost to the Seahawks and Packers and have yet to play the Saints or 49ers. They did go into Dallas and win on a Sunday night in strong fashion.Worst possible matchup: Saints. The Saints can control the Vikings’ running game and get after Kirk Cousins. Thomas would be a nightmare cover for their secondary, too. There would be no Minneapolis Miracle this time.Eagles (8-7)Best possible matchup: Seahawks. The Eagles played the Seahawks tough defensively in the first meeting, and Seattle is starting to look like a weaker team overall because of mounting injuries. (Getty Images) https://images.daznservices.com/di/library/sporting_news/f7/82/prescott-cousins-122119-getty-ftrjpg_9j256ah173321ohc7xetyonre.jpg?t=692337591&w=500&quality=80 Worst possible matchup: 49ers. The Eagles’ blitzing-dependent defense would be overmatched by the 49ers’ creative offense. Philadelphia’s compressed offense also would be smothered by San Francisco on every level.Cowboys (7-8)Best possible matchup: Seahawks. Seattle won’t be able to pressure Dak Prescott behind his strong offensive line, and it doesn’t have the secondary depth to handle Dallas aggressively throwing downfield to wide receivers and tight ends.Worst possible matchup: Packers. Rodgers lights up when he sees the Cowboys defense. He has had great success against Dallas both at home and away in the playoffs. read more
Tyler Perry fans reunited at theaters for another tale of mad black women. “Tyler Perry’s Madea’s Family Reunion,” a comic drama in which writer-director Perry also stars in three roles, debuted as the weekend’s No. 1 movie with $30.25 million, according to studio estimates Sunday. It was a second gold mine for Lionsgate Films, which also released Perry’s “Diary of a Mad Black Woman,” the movie that opened as No. 1 with $21.9 million on the same weekend last year. Lionsgate hopes to have a third Perry movie out over the same weekend next year, said Steve Rothenberg, the company’s president of distribution. AD Quality Auto 360p 720p 1080p Top articles1/5READ MORECasino Insider: Here’s a look at San Manuel’s new high limit rooms, Asian restaurant “It’s a time when we can really dominate the box office,” Rothenberg said. “If we were out at Christmas, we’d be competing with the big holiday and Oscar films, but late February, with Black History Month and less competition, is a great time period for us.” This weekend’s other new wide releases flopped. The Weinstein Co.’s animated tale “Doogal,” a fairy-tale adventure with a voice cast that includes Whoopi Goldberg, Kylie Minogue and Jimmy Fallon, debuted at No. 8 with $3.6 million. New Line’s crime thriller “Running Scared,” starring Paul Walker as a mobster scrambling to recover a gun used in the slaying of a cop, opened at No. 9 with $3.1 million. Walker also stars in last weekend’s No. 1 movie, Disney’s dog tale “Eight Below,” which slipped to second place with $15.7 million. “Eight Below” grossed $45.1 million in 10 days. Though “Madea’s Family Reunion” opened more strongly than “Diary of a Mad Black Woman,” the overall weekend box office declined. The top 12 movies took in $99.8 million, down 4.4 percent from the same weekend last year. Based on Perry’s stage play, “Madea’s Family Reunion” depicts a variety of domestic crises as a clan prepares for a reunion. Among the characters Perry plays is the heavyset, pistol-packing Grandma Madea, whom he also played in “Diary of a Mad Black Woman.” The film was shot for just $6 million. Perry’s stories about empowerment of women set among Madea’s family have a built-in following among black audiences familiar with his plays and video versions of the tales. Black women 35 and older made up 52 percent of the movie’s audience, according to Lionsgate. “The themes Tyler Perry presents resonate very strongly with the black community,” said Paul Dergarabedian, president of box-office tracker Exhibitor Relations. “It reminds me of ‘My Big Fat Greek Wedding.’ It has elements of comedy and drama and community that just definitely works.” The South African film “Tsotsi,” a nominee for best foreign-language film at the Academy Awards, opened strongly in limited release with $78,000 at six theaters, for a healthy $13,000 average. Walker also stars in last weekend’s No. 1 movie, Disney’s dog tale “Eight Below,” which slipped to second place with $15.7 million. “Eight Below” grossed $45.1 million in 10 days. Though “Madea’s Family Reunion” opened more strongly than “Diary of a Mad Black Woman,” the overall weekend box office declined. The top 12 movies took in $99.8 million, down 4.4 percent from the same weekend last year. Based on Perry’s stage play, “Madea’s Family Reunion” depicts a variety of domestic crises as a clan prepares for a reunion. Among the characters Perry plays is the heavyset, pistol-packing Grandma Madea, whom he also played in “Diary of a Mad Black Woman.” The film was shot for just $6 million. Perry’s stories about empowerment of women set among Madea’s family have a built-in following among black audiences familiar with his plays and video versions of the tales. Black women 35 and older made up 52 percent of the movie’s audience, according to Lionsgate. “The themes Tyler Perry presents resonate very strongly with the black community,” said Paul Dergarabedian, president of box-office tracker Exhibitor Relations. “It reminds me of ‘My Big Fat Greek Wedding.’ It has elements of comedy and drama and community that just definitely works.” The South African film “Tsotsi,” a nominee for best foreign-language film at the Academy Awards, opened strongly in limited release with $78,000 at six theaters, for a healthy $13,000 average. TOP MOVIES Estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Exhibitor Relations Co. Inc. Final figures will be released today. 1. “Tyler Perry’s Madea’s Family Reunion,” $30.25 million. 2. “Eight Below,” $15.7 million. 3. “The Pink Panther,” $11.3 million. 4. “Date Movie,” $9.2 million. 5. “Curious George,” $7 million. 6. “Firewall,” $6.3 million. 7. “Final Destination 3,” $5.35 million. 8. “Doogal,” $3.6 million. 9. “Running Scared,” $3.1 million. 10. “Freedomland,” $2.9 million. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! read more