Several issues with the Federal Housing Finance Agency (FHFA) require immediate attention, new FHFA director Sandra Thompson wrote on Wednesday. Thompson was appointed interim director last week by President Joe Biden after the United States Supreme Court ruled that the director could be removed at will by the president.

CUNA also reiterated its Principles for Housing Finance Reform, which outline the considerations necessary for credit unions in reforming our housing finance system. CUNA continues to support the goal of eventual exit from Fannie Mae and Freddie Mac’s guardianship in a responsible manner without sacrificing equitable secondary market access and pricing for lenders of all sizes and charter types.

Short-term priorities include calling on the FHFA to:

• Cancel the adverse market charge of 0.5% for certain refinanced mortgages purchased by Fannie Mae and Freddie Mac to reduce the cost of refinancing for consumers.
• Review its policies regarding the purchase of qualified mortgage loans eligible under the current regulatory framework of the Consumer Financial Protection Bureau (CFPB).
• Restructure the GSE approach for the implementation of the 7% ceiling on investment loans and second homes
• Review the fourth set of amendments to the Amended and Updated Preferred Share Purchase Agreement with Treasury at the earliest opportunity.

In the longer term, the CUNA calls on the FHFA to:

• Collaborate with credit unions to continue its mission of supporting sustainable and affordable home ownership.
• Carefully review the education and training requirements for assessors to ensure they not only understand the existing obligations under the Fair Housing Act, but also receive training on implicit and unconscious bias. .
• Take steps to enable Federal Home Loan Banks (FHLBanks) to fulfill their mission, including:
  • Ensure that individual FHLBanks retain the ability to exercise their own discretion, given that they have a better understanding of their communities and their risks.
  • Enable them to provide ancillary services which should not require insured depositories to maintain their membership.
  • Protect their ability to operate in a financially secure and sound manner to serve primarily as a source of liquidity for the housing finance system.

To improve CRM adoption and contact data sharing, regular reporting is a must. These reports will provide the key insights and value that CRM users expect and also generate interest and buy-in.

For many professional service companies, finding ways to demonstrate CRM value and drive adoption is a constant struggle. Use of the system is rarely mandatory, which means that the marketing department is in the difficult position of trying to convince individual professionals that it is really useful to enter information themselves into the CRM system or to ask their assistants or marketing / business development staff to assist them. the entrance.

Too often this means that Marketing and CRM teams are constantly reactionary, trying to hunt down information that ideally should have been captured proactively. At the same time, and paradoxically, the professionals who are reluctant to enter or share their data are frequently those who request analyzes or dashboards from the CRM to help them in their business development.

If all of this sounds familiar to you, here are some key reports you can – and should – develop and disseminate on a regular basis to encourage information sharing and deliver value to your users, which can encourage greater adoption and greater awareness. sharing in the future.

Contact, company and relationship reports

Key relationships: Professionals often think that they are the only ones who know a particular person, which makes them protective of their relationships and / or hesitant to share them in the CRM system. But, in reality, when their relationships are shared, they’re often shocked at how many other people in the business know the same people. Additionally, when trying to develop business with a prospect, seeing a report that knows that highlights a key connection in the business is invaluable and can inspire greater collaboration and the sharing of additional contact information. and relationships.

1. Newly added companies: Regularly reviewing business records that have been recently added to the CRM system can be another useful tool for business development and also ensures that new customers come into the system.
2. Newly added contacts: Similar to new businesses, newly added Contacts should also be reviewed to make sure you are capturing influencers and decision makers from key companies.
3. Company changes: Another way to deliver value to your users by letting them know that a business has moved, acquired, or ceased operations is reporting on changes to company records.
4. Alumni changes: Even if you don’t have a formal alumni program, it’s still a good idea to keep track of your former employees for business development purposes. If a former partner is now legal counsel for a company that your firm has targeted as a key prospect, you are probably already one step ahead of the competition, provided that information is in good hands.
5. New Customers / New Topics: We’re seeing more progressive companies embrace transparency because it encourages collaboration and can improve results. In businesses where cross-selling has become a priority, releasing a new customer report is a simple way to encourage collaboration between practices.

In our next article, “12 Reports to Boost CRM Adoption and Return on Investment – Part 2,” we’ll discuss reports on activities, metrics, emails, and subscriptions and registrations.

NEW YORK (CBSNew York) – Pride celebrations turned violent Sunday in Washington Square Park.

Police said several officers were injured, but visitors to the park say the heavy police presence provoked crowds.

READ MORE: #TogetherInPride: The New York Pride March returns as a mostly virtual event; PrideFest Street Fair Back

Thousands of people gathered in Washington Square Park on Sunday as the city celebrated its annual pride march, but the party got tense around 7 p.m.

A cell phone video shows hundreds of police in riot gear heading towards the park.

“The NYPD has attacked queer people celebrating pride,” witness Ash Tifa said.

Some of the clashes between police and park visitors were filmed.

“A group of NYPD officers attacked, grabbed and arrested people who were simply standing on the sidewalk,” said Jay W. Walker of the Queer Liberation March.

At least four people were arrested in the park Sunday evening on charges ranging from disorderly driving to assaulting a police officer.

NYPD says people threw bottles at police.

“They create provocative situations in the hope that they will create an aggressive response from the protesters,” Walker said.

READ MORE: Upset neighbors voice concerns over lingering problems in Washington Square Park as protesters denounce weekend curfew

Sunday’s skirmish comes after weeks of contention around the park.

Residents complained of messy revelers destroying property and attracting violence at night.

The NYPD recently passed and then lifted a 10 p.m. curfew.

“The presence of the NYPD was quite unnecessary and only served to escalate and provoke violence in a crowd of peaceful, cold and cheerful participants,” witness Carli Rhoades said.

CBS2’s Ali Bauman spoke exclusively with Department Head Rodney Harrison about Sunday’s showdown.

“Couple incidents where we asked people to move out and unfortunately they got agitated. There were two assaults on a police officer, which was worrying, ”he said.

The chief admits that the officers used pepper spray on the crowd.

“It is currently under investigation and our Manhattan South investigation team will determine what it will need, if there will be any punitive actions resulting from it,” Harrison said.

NO MORE NEWS: Man allegedly armed with Taser and large knife arrested in Washington Square Park

Bauman asked the Chief how he plans to monitor the park without adding to these tensions in the future. He says the answer is communication between officers and park visitors.

New SAIC Board Member Brings Decades of Public Accounting and Auditing Experience and Years of Overseeing Outstanding Customer Service Delivery

RESTON, Virginia, June 29, 2021– (BUSINESS WIRE) – Science Applications International Corp. (NYSE: SAIC) today announced the appointment of Milford W. McGuirt, retired Managing Partner of KPMG’s Atlanta office, to the Company’s Board of Directors, effective July 1, 2021.

“We are delighted to welcome Milford McGuirt to the SAIC Board of Directors,” said Donna Morea, Chairman of the SAIC Board of Directors. “His many years of experience as a Managing Partner of KPMG, along with his extensive experience as an award-winning business leader, will bring additional strength to SAIC as the company builds on its reputation as a supplier of leading digital transformation solutions. Its demonstrated focus on innovation, strategy and collaboration aligns well with SAIC’s goals of bringing cutting-edge technology to our government clients. “

McGuirt will serve on the Board’s Audit Committee as well as the Nominating and Corporate Governance Committee. Her appointment brings the total board membership to 11, with nearly two-thirds of the board now made up of women and people of color.

McGuirt previously served as KPMG’s Atlanta office managing partner as well as the company’s regional managing partner for the Mid-South region from January 2015 to September 2019, when he retired from the firm. He has 41 years of public accountancy and auditing experience with the 4 major international accounting and consulting firms and was a partner for a total of 29 years at KPMG, where he was responsible for overseeing the delivery of a service. high quality client, attracting and retaining professional talents and resources, executing a growth and market expansion strategy and representing the company in the market and in the community.

About SAIC

SAIC^® is a leading Fortune 500® technology integrator leading the technological transformation of our country. Our strong portfolio of offerings in the defense, space, civil and intelligence markets includes high-end secure solutions in the fields of engineering, digital, artificial intelligence and security solutions. mission. Using our expertise and understanding of existing and emerging technologies, we integrate the best components of our own portfolio and partner ecosystem to deliver innovative, effective and efficient solutions that are essential to the achievement of our clients’ missions.

The story continues

We are more than 26,000 people; motivated by mission, united by purpose and inspired by opportunity. Headquartered in Reston, Va., SAIC has pro forma annual sales of approximately $ 7.1 billion. For more information visit saic.com. For current news, please visit our writing.

Forward-looking statements

Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you may identify forward-looking statements by words such as “expects”, ” means, “” plan “,” anticipate “,” believe “,” estimate “,” direction “and similar words or expressions. Forward-looking statements contained in this press release may include, among others, estimates of future income, profits operating, earnings, earnings per share, expenses, total contract value, backlog, outstanding shares and cash flow, as well as statements on future dividends, share buybacks and other capital deployment plans. Such statements are not guarantees of future performance and involve risks, uncertainties and assumptions, and actual results may differ. Derive materially from the statements and other forward-looking statements contained in this press release due to various factors. The risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the sections “Risk Factors”, “Management’s Explanation and Analysis of Financial Position and Results of Operations” and “Legal Proceedings”. Of our Annual Report on Form 10 -K, as updated in all subsequent Quarterly Reports on Form 10-Q and other documents filed with the SEC, which can be viewed or obtained through the Investor Relations section from our website at saic.com or on the SEC website at sec.gov. Because of these risks, uncertainties and assumptions, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any obligation to update any forward-looking statement provided in this press release to reflect subsequent events, actual results, or changes in SAIC’s expectations. SAIC also disclaims any obligation to comment on or correct information that may be contained in reports published by investment analysts or others.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210629005929/en/

Contacts

Media:
Brad Bass
240.418.0168 | [email protected]

Annuities have never been an easy sale for financial advisers. So far.

Customers had to be convinced of the wisdom of investing a large sum of money and waiting decades for payment. Advisors could not make a sale unless they were licensed by the state where the potential sale was made. And insurers have generally buried advisers in a storm of documents filled with tiny characters, boxes and blanks.

“Advisors often had to go back and forth so many times with the changes that they threw their hands up in frustration,” said Rich Romano, CEO of FIDx, a privately-held fintech firm based in Berwyn, Penn.

Romano’s company designed the smart software behind Envestnet Insurance Exchange, a web-based platform that gives financial advisors the ability to select, price, apply and get carrier approval.

The exchange is part of a larger wealth management ecosystem that Chicago-based Investnet (2020 sales: $ 998.2 million) offers some 100,000 registered investment advisers. Over a dozen insurers offer products on the Envestnet platform, including AIG, Prudential, TransAmerica, Allianz, Brighthouse Financial, Nationwide and Global Atlantic.

FIDx-Envestnet’s setup is unique, said Paula Nelson, co-director and general manager of retail markets at Global Atlantic Financial Group, the first carrier to offer its products on the exchange when it opened in 2018.

Investment and insurance products have historically relied on different sales, marketing and distribution channels. But the deregulation of financial services, coupled with network communications, has radically reshaped the landscape, creating more competition between insurers and businesses on Wall Street.

Asset managers have come to understand the importance of using annuities to provide another source of portfolio income, by hedging against downside risk in the market. The problem, however, has been how to sell these products given the Byzantine way of selling insurance in the United States. Carriers and agents must be licensed in each state where they wish to do business. At the same time, agents who typically sell insurance want a larger share of the investment management business. The two sides converge.

The addition of annuities to the Envestnet platform marks a milestone in the industry, Nelson said.

“It’s really about industry working together to solve some of the problems,” Nelson added. “We are starting to see a convergence of sales organizations as we [insurers] go to the registered investment advisers area.

Fintechs like Envestnet are leading the transformation. These companies are reshaping the financial services industry, putting pressure on the way businesses and advisers sell, package and deliver products.

Technology and artificial intelligence are increasingly used to help make decisions and speed up treatment. In the case of Investnet, for example, the company uses AI to help advisors develop a comprehensive plan for a client’s portfolio, analyzing investment alternatives based on the client’s profile and others. variables.

CNBC reports that fintech assets under management, estimated at $ 460 billion in 2020, are expected to exceed $ 1,200 billion by 2024.

What is behind the growth? Lower fees. FinTechs charge 0.25% to 0.50% of assets, compared to the typical 1% -2.5% charged by larger, more established companies.

Andrew Stavaridis, executive managing director of Investnet, said the insurance exchange is helping solve a long-standing problem of having two different sales channels – one group of advisers / agents selling insurance while another s ‘occupied investments. This dichotomy made the planning process too complex for advisors.

The Envestnet exchange creates a cohesive, streamlined approach to selling annuities, said FIDx’s Romano. Carriers can interact with advisers. And advisors have the tools they need to help clients make a decision about the insurance they want to purchase.

The application process is simplified. The information entered in a client’s financial plan is automatically transferred to the insurance proposal. If an agent is not authorized to sell annuities, the application goes to a central insurance bureau which purchases the policy on behalf of the advisor. The arrangement complies with state and federal laws, Romano said.

“Insurers like it too,” Romano said. “They had great difficulty entering this market. Now they have a platform that emphasizes the importance of annuities and allows insurers to provide advisors with the products they need.

OAKLAND (CBS SF) – Oakland Police Chief LeRonne Armstrong sharply criticized proposed funding cuts for his department on Monday following four weekend murders and a shooting officer responded moments before to start his press conference.

Oakland has recorded 65 homicides so far this year – three people died on Friday and a fourth on Saturday. The number of victims lost on the streets of Oakland to deadly violence has risen 90% from what it was then just a year ago.

READ MORE: UPDATE: 3.9 earthquake shakes bay area, centered in San Leandro

Oakland City Council on Thursday passed a budget that redirects more than $ 17 million from the police department to pay for social service programs over the next two years.

“Today we find ourselves in a crisis,” Armstrong said. “We find ourselves reeling from a weekend of violence where we saw four homicides over a three-day period… Our shootings are up over 70% from last year. Our flights are up 11% this year. There have already been 1,300 flights in this city this year.

“Our car hijackings are up almost 88%. So we clearly see that crime is out of control in the city of Oakland and our response has been for fewer police resources. When the majority of city council members vote to fund this police department, that additional $ 17 million that has been cut from the police department’s budget will have an impact.

Oakland Police Officers Association president Barry Donelan estimated that budget cuts would mean around 50 vacant officer positions would no longer be filled.

“When you hear statements from those who say that nothing will change – that’s not true,” Armstrong said. “Yes it will. The impact will be immediate. Slower response times to emergency calls for service. The 911 emergency units that were used to respond to violent crimes, used to respond to calls from members of the the community to our 911 system, will have fewer resources, fewer officers responding.

Armstrong said its service was already overwhelmed by the volume of 911 calls with its current workforce.

“We are already struggling to respond to the high number of calls we receive,” he told reporters. “It will make things more difficult.”

Armstrong, citing two fatal crashes in the past 48 hours, also warned that traffic authorities would take a back seat to respond to violent crime.

He said there are currently 714 officers in a force protecting a town of more than 420,000 people, but the numbers are dropping with 5.5 officers leaving the department each month.

“Our department is not growing, it is shrinking,” Armstrong said, adding that the department would have fewer than 700 officers by December.

Council members Nikki Fortunato Bas and Carroll Fife spearheaded funding for the Oakland Police Department with the amended budget vote.

“We can make adjustments if we need to, but, for now, we need to focus on our violence prevention, our affordable housing, our homeless populations and that’s what this budget is helping us to do. go ahead and do it, ”board member Dan Kalb said when the measure was passed. by a margin of 7-2.

Oakland Mayor Libby Schaaf released a statement expressing his opposition to the revised budget and cuts to police services.

“Unfortunately, he [the budget] Also cut 50 police officers who answer Oaklanders 911 calls and enforce road safety. It also removes much-needed future academies, which will drastically reduce police personnel and delay response to the Oaklanders in times of crisis, ”Schaaf’s statement read in part. “This will force our officers to work even more overtime, which is costly and dangerous for officers and residents.”

A number of militant groups, including Anti Police-Terror Project, applauded the reallocation of funds.

READ MORE: Campervan travel surges, accelerated by the COVID Bubble-Living pandemic

“This historic budget guarantees a full audit of the Oakland Police Department and a thorough review of positions that could be civilized, removed from the OPD, or a combination of the two,” the group said in a released statement.

Following the murder of George Floyd by police in Minneapolis last year, many people in Oakland demanded that Oakland officials redirect a large chunk of the city’s police budget to other security measures public.

The more than $ 17 million that the city council budget team would redirect to the violence prevention department doubles that department’s budget. It would also quadruple the amount the city allocates to the department from the general fund.

The extra money would employ violence interrupters and community ambassadors in lowland neighborhoods.

“With the increase in violence in Oakland, the council must act by addressing the roots of violence and poverty,” Bas said.

The cuts were proposed as a way to spend more money on crime prevention and non-police response to calls. The plan is to deploy teams of trained emergency response workers to defuse situations instead of sending armed agents. On a downtown street, it seemed like a good idea for Jadonna Williams.

“People need social services,” she said. “So now people are going to get the help they need. And I think with that, you wouldn’t need all that big budget for the police.

But council member Loren Taylor, who voted against the definancing, fears those teams may not be operational by the time the cuts take place.

“The question is how do we get to this point,” he said, “and if it won’t be in place, or if we’re not sure it will be in place within a reasonable timeframe, we won’t. shouldn’t bet the shut up on it.

Taylor believes this could leave the city’s most violence-plagued neighborhoods with even less protection than they currently have. Resident Jarret Whitmore agreed.

“I think it’s a good idea for the future. I don’t think that’s a good idea at the moment, given the level of hostility and violence in the city, ”he said. “I can perfectly imagine what it would be like without the cops and I don’t really want to live in the cowboy days anymore.”

But Justin Brice summed up the feelings of many locals. As a young African American living in Oakland, he doesn’t want fewer officers, he just wants them to be more respectful of the black community.

“… not just power over someone else … helping people, you know?” said Brice. “That’s what they’re here for and to protect. “

But does he think that’s what’s happening now?

“Uh… no,” he said, “I can’t say yes. I do not think so.

NO MORE NEWS: Some left homeless by the CZU complex fire still without a place to live

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LONDON, June 28 (Reuters) – A former high-ranking Dechert lawyer on Monday called allegations that he had plotted not to tell mining company ENRC, his former client, that the Serious Fraud Office ( SFO) British wanted to compel an executive to attend an interview.

Neil Gerrard, accused by ENRC in a trial in the High Court in London of conspiring with senior SFO officers to harm his client, milking ENRC for unnecessary costs and leaking privileged material, said said it was ridiculous to suggest that he and his team withheld information from ENRC after an OFS meeting in 2012.

“I think it’s crazy,” he told the court on the first day of a scheduled six-day cross-examination. “Completely crazy.

Gerrard, hired by ENRC in 2010 to conduct an internal investigation into a whistleblower report, denied claims he disclosed sensitive information or that he “terrorized” ENRC by suggesting it could be searched by authorities .

“The raid procedures or the handling of unannounced visits were, in our opinion,… sound risk management procedures,” he said. “It helped the clients, it helped the advisors.”

When asked if ENRC was really at risk of a raid, he replied:

“At this point, we had no idea. The client certainly thought he was in danger.”

The SFO opened an investigation into ENRC in 2013 into allegations of fraud, bribery and corruption surrounding the acquisition of mining assets in Africa. No charges have been filed against the company or any current or former officers.

ENRC, which was co-founded by three Kazakh billionaire businessmen and the Kazakh government, also alleges that the SFO instigated and abetted Gerrard’s conduct because he was “desperate” to get a corporate scalp prominent and accuses the agency of embezzlement in the public service.

Gerrard, Dechert and the SFO deny wrongdoing. Former OFS director David Green is expected to testify later in the 11-week trial.

Reporting by Kirstin Ridley; edited by David Evans

Our standards: Thomson Reuters Trust Principles.

TOKYO – June 28, 2021 –NTT DATA, a global leader in digital businesses and IT services, today announced it has won the Qlik Global and Regional Partner Awards 2020 in the category “Asia-Pacific Systems Integrator of the Year”. This award was announced by Qlik Technologies Inc. during its annual customer and partner event QlikWorld, recognizing the excellence of the Qlik partner community in several different categories.

NTT DATA received the award for its outstanding performance as a system integrator service provider delivering high business value to its customers using Qlik products in the Asia-Pacific region during the past year.

In 2020, NTT DATA Group successfully delivered Qlik data analysis and integration solutions to customers in finance, manufacturing and various other industries in Japan and other parts of the Asia region. Peaceful. In particular, in November 2020, the SaaS / PaaS solution from NTT DATA “Qlik Managed Service on A-gate” was adopted by Mizuho Bank as the platform for its new statistical data analysis and sales service “Mizuho Bank Insight Portal (Mi-Pot)”, the first data provision company launched by a banking institution in Japan.

“We are honored to receive Qlik’s APAC System Integrator Partner of the Year award. Data exploitation has become a critical issue for our customers. It is very important for us to choose a powerful tool like Qlik that can take full advantage of our systems integration capabilities to support the business success of our customers. ‘ said Kotaro Moritani, Head of First Banking Division, Second Financial Sector of NTT DATA Corporation, overseeing the partnership with Qlik.

Global partnership between NTT DATA and Qlik Technologies

In January 2019, NTT DATA Corporation signed an MSP (Managed Service Provider) partnership agreement with QlikTech Japan KK, the Japanese subsidiary of Qlik. This agreement authorized NTT DATA and its group companies to deliver Qlik products as a SaaS model worldwide. In the same year, NTT DATA launched the new “Qlik Managed Service on A-gate” service in Japan, a cloud platform providing a complete stack of Qlik data analysis and integration products. In 2020, similar platforms and services were launched in China, Thailand (for the APAC region) and UK, provided by NTT DATA group companies.

About Qlik Managed Services on A-gate

“Qlik Managed Service on A-gate” is a managed service (SaaS / PaaS type) that implements Qlik products on “A-gate”, a high-security, enterprise-level public cloud service provided by NTT DATA. It is the only authorized Qlik managed service in Japan that can be provided to domestic and foreign customers through NTT DATA Corporation and its group companies. In addition to internal use by companies to support decision making or process optimization, “Qlik Managed Service on A-gate” can also be used as a data collaboration platform for data collection, data sharing and data provision for external parties (customers, partner companies, suppliers, etc.).

※ Collaboration between NTT Data, Snowflake and Qlik DX in the use of digital data
https://www.nttdata.com/global/en/-/media/nttdataglobal/1_files/media/press-release/2021/me_pr_jun_28_01.pdf

About NTT DATA

NTT DATA – part of the NTT Group – is a trusted global IT and business services innovator headquartered in Tokyo. We help our clients transform through consulting, industry solutions, business process services, digital and IT modernization, and managed services. NTT DATA enables them and society to move forward with confidence in the digital future. We are committed to the long-term success of our customers and combine a global reach with the attention of local customers to serve them in more than 50 countries around the world. Visit us at nttdata.com.