Dockers, crowned champions of NGI

first_imgThe Dockers defeated the Hoskins Tamara 60 points to 15 in what was termed as a ‘fight among the wantoks’ challenge.Dockers was mainly made up of West New Britain boys living in the city.The boys returned today from Rabaul.Coach Sebastian Isu told Loop PNG that the boys put a good challenge with the Hoskins Tamara but was too strong for their opponent,  posting  a good margin of victory.He said even though many of the boys are new to the tournament, they put up a good challenge.“The boys were a bit tired during the start of the tournament but came back with a strong challenge,  defeating all the other six participating teams.”He said the tournament was also an exposure to the young boys making Aussie rules footy as their dream sport.The tournament started last Thursday and ended yesterday (Sunday).According to the team’s patron, Dominic Kaumu, he said winning the tournament was only part of the club’s objective of giving the players an end of the season trip but importantly promoting their game of AFL in the New Guinea Islands region.The club also donated a set of uniforms to their opponents,  Hoskins Tamara.Kaumu thanked the Bank of PNG Governor Loi Bakani for leading the team and the supporters for giving the boys good support during the tournament.He also extended his acknowledgment to Alphonse and Hilda Gale for their support and Sebastian Isu for his never ending support to the team.last_img read more

CFPB Raises Exemption Threshold for Disclosure Act

first_img Share in Government, Origination Agents & Brokers Attorneys & Title Companies Consumer Financial Protection Bureau Investors Lenders & Servicers Mortgage Disclosures Processing Service Providers 2013-01-03 Tory Barringer The “”Consumer Financial Protection Bureau””:http://www.consumerfinance.gov/ (CFPB) announced it has “”finalized a rule””:http://files.consumerfinance.gov/f/201212_CFPB_Home-Mortgage-Disclosure-Adjustment-Asset-Size-Exemption-Threshold.pdf adjusting the asset-size exemption threshold for banks, savings associations, and credit unions under Regulation C, which implements the Home Mortgage Disclosure Act (HMDA).[IMAGE][COLUMN_BREAK]Based on the adjustments, institutions with assets of $42 million or less (as of the end of 2012) are exempt from collecting HMDA data in 2013. That exemption does not apply to data institutions are supposed to report for 2012.The adjustment is based on the 2.23 percent increase in the average of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the 12-month period ending in November 2012, according to the CFPB. The previous exemption threshold was $41 million.HMDA and the CFPB’s Regulation C requires most mortgage lenders located in metro areas to collect, report, and disclose data about applications and originations for purchase loans, home improvement loans, and refinances. Data reported include the type, purpose, and amount of the loan; the race, ethnicity, sex, and income of the loan applicant; the location of the property; and loan pricing information for some loans. The collected data are used to determine if lenders are serving the needs of their communities and to assist in identifying discriminatory practices.center_img January 3, 2013 439 Views CFPB,CFPB Raises Exemption Threshold for Disclosure Actlast_img read more