La Obispa Presidenta de la Iglesia Episcopal presenta el mensaje…

first_img Bishop Diocesan Springfield, IL [17 de junio de 2015] “Con demasiada frecuencia el mundo quiere cerrar sus fronteras, condenar las puertas de entrada y ahogar los gritos de los hambrientos y los desprotegidos”, nos dice la Obispa Presidenta de la Iglesia Episcopal Katharine Jefferts Schori en su mensaje del Día Mundial del Refugiado 2015. (“Somos guardianes de nuestros hermanos y hermanas, y cuando somos reflexivos, recordamos que nuestro bienestar depende de la seguridad de los demás”.)El Día Mundial del Refugiado se celebra el 20 de junio, y en su mensaje, la Obispa Presidenta se refirió también a la ardua labor de reasentamiento que realizan los Ministerios Episcopales de Migración.A continuación el mensaje de la de Obispa Presidenta Jefferts Schori.Día Mundial del Refugiado 2015Por miles de años, los seres humanos han sido sacados de sus hogares debido a conflictos, desastres y opresión. Abraham y Sara comenzaron como inmigrantes y sus descendientes se convirtieron en refugiados:“Un arameo errante fue mi antepasado; él descendió a Egipto y vivió allí como extranjero, pocos en número… Cuando los egipcios nos trataron duramente y nos abatieron… el Señor nos sacó de Egipto… a este lugar y nos dio esta tierra… en la que fluye leche y miel”.[1]Sus descendientes se convirtieron en una bendición para Egipto, hasta que se vieron oprimidos y huyeron para salvar sus vidas. Siendo niño, Jesús y su familia fueron refugiados en la otra dirección, huyendo de la violencia de la dominación romana en la tierra de Israel y buscando refugio en Egipto[2].Hoy en día hay más refugiados, solicitantes de asilo y personas desplazadas internamente que en cualquier otro momento desde el final de la II Guerra Mundial. Más de 51 millones de personas alrededor del mundo viven en peligro de muerte, con temor e incertidumbre. Como descendientes de los arameos errantes, cuyos antepasados huyeron de la esclavitud en Egipto, estamos encargados de cuidar al peregrino. Amar al prójimo como a nosotros mismos es fundamental para nuestra vida de fe.Con demasiada frecuencia el mundo quiere cerrar sus fronteras, condenar las puertas de entrada y ahogar los gritos de los hambrientos y los desprotegidos. Somos guardianes de nuestros hermanos y hermanas, y cuando somos reflexivos, recordamos que nuestro bienestar depende de la seguridad de los demás. Si algunos viven en la miseria y la inseguridad, la violencia por lo general es el resultado. Sólo tenemos que mirar a nuestro alrededor y reconocer que la violencia muy a menudo viene de quienes supuestamente viven de manera segura así como de quienes carecen de medios o recursos. Si queremos paz, debemos cuidar de quienes huyen de la violencia – y orar por sus perpetradores. Estamos hechos a imagen de Dios y fuimos creados para vivir en paz.Al conmemorar el Día Mundial del Refugiado, reflexionemos acerca de cómo estar conscientes e involucrados:Conozcamos sobre las actuales migraciones a gran escala – de África a lo largo del Mediterráneo; de áreas del sudeste de Asia; del conflictivo Oriente Medio; de Burundi a las naciones circundantes; los refugiados de guerras de las pandillas en América Latina; y en tantos otros lugares de conflicto, desastre y discriminación.Oremos por aquéllos que viven en los campamentos de refugiados, en centros de detención y en el limbo migratorio.Busquemos maneras de involucrarnos personalmente y a través de las congregaciones.Participemos en los Ministerios Episcopales de Migración, que celebran 75 años de ayudar a reasentar a los refugiados en Estados Unidos. Contribuyamos con ayuda financiera, defensoría e involucramiento personal. El año pasado, los Ministerios Episcopales de Migración reasentaron a más de 5,000 personas de 32 países diferentes.Seamos defensores de los inmigrantes, quienes luchan por ser escuchados, quienes suelen ser invisibles o estar marginados. Unámonos a otros para abogar por políticas de inmigración y asilo que busquen la justicia para todas las clases y condiciones de personas desplazadas.Trabajemos por la paz en nuestros propios vecindarios y en todo el mundo – relaciones que aquí abarcan las diferencias pueden sustentar iniciativas de consolidación de la paz en otros lugares.Los refugiados y los inmigrantes se convierten en fuertes miembros de las comunidades locales y son una bendición para sus vecinos. ¿Seremos igualmente nosotros una bendición para ellos, buscaremos que tengan una dignidad similar y responderemos con compasión a sus necesidades?Reverendísima Katharine Jefferts SchoriObispa Presidenta y PrimadaLa Iglesia EpiscopalMinisterios Episcopales de InmigraciónLos Ministerios Episcopales de Inmigración son el programa de reasentamiento de refugiados de la Sociedad Misionera para Locales y Extranjeros. Cada año, la Sociedad Misionera trabaja en colaboración con su red de afiliados, junto con las diócesis, las comunidades religiosas y voluntarios, para recibir a refugiados de las zonas de conflicto de todo el mundo.[1] Cf. Deuteronomio 26:5-9[2] Mateo 2:13-15[1] Cf. Deuteronomio 26:5-9[2] Mateo 2:13-15 Rector Knoxville, TN TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Tags Submit a Job Listing Posted Jun 17, 2015 Refugees Migration & Resettlement, Rector (FT or PT) Indian River, MI Rector Smithfield, NC New Berrigan Book With Episcopal Roots Cascade Books Director of Administration & Finance Atlanta, GA Rector/Priest in Charge (PT) Lisbon, ME Priest Associate or Director of Adult Ministries Greenville, SC Rector Washington, DC Presiding Bishop Katharine Jefferts Schori, Priest-in-Charge Lebanon, OH Submit a Press Release Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Curate (Associate & Priest-in-Charge) Traverse City, MI Rector Tampa, FL Director of Music Morristown, NJ Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs World Refugee Day Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Press Release Service Assistant/Associate Rector Washington, DC Associate Priest for Pastoral Care New York, NY Rector Collierville, TN Featured Jobs & Calls The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Rector Belleville, IL center_img Rector Shreveport, LA Rector Albany, NY Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Associate Rector Columbus, GA An Evening with Aliya Cycon Playing the Oud: Crossing continents and cultures with the most beautiful instrument you’ve never heard Lancaster, PA (and streaming online) July 3 Submit an Event Listing AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Cathedral Dean Boise, ID Youth Minister Lorton, VA Rector Bath, NC Featured Events An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Missioner for Disaster Resilience Sacramento, CA Assistant/Associate Rector Morristown, NJ Family Ministry Coordinator Baton Rouge, LA Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector Martinsville, VA This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Hopkinsville, KY Rector and Chaplain Eugene, OR Associate Rector for Family Ministries Anchorage, AK Canon for Family Ministry Jackson, MS La Obispa Presidenta de la Iglesia Episcopal presenta el mensaje en el Día Mundial del Refugiado 2015 Course Director Jerusalem, Israel Assistant/Associate Priest Scottsdale, AZ Rector Pittsburgh, PA Curate Diocese of Nebraska Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Advocacy Peace & Justice, last_img read more

COVID Relief’s ‘Unanticipated Side Effect’ in the MBS Market

first_imgBoth the government and the mortgage industry have faced an uphill battle when adapting to the practical and economic realities of the COVID-19 pandemic. With so many X factors, it’s the unexpected is almost all that can be expected A new report from Bloomberg delves into a new change related to coronavirus relief that could benefit banks but negatively impact investors in mortgage-backed securities.The COVID-19 health crisis has put millions of impacted homeowners at risk of delinquency and foreclosure, fueling an “upheaval” in the mortgage market. Now, Bloomberg reports, banks and other lenders are beginning to act on the understanding that this allows them to buy home loans at below-market prices. According to Bloomberg, “The earnings would come from an unanticipated side-effect of Congress’ decision in March to allow homeowners affected by the pandemic to delay loan payments for as long as a year, combined with arcane regulations governing mortgage-backed securities.”Banks such as Wells Fargo & Co. and U.S. Bancorp are already buying, Bloomberg reports, frustrating bond holders who say the purchases are causing them losses.This so-called ‘loophole’ is possible, in part, due to Ginnie Mae regulations, Bloomberg reports. Ginnie rules allow banks and other lenders to buy loans out of mortgage securities at their par value when a borrower hasn’t made payments for 90 days, Bloomberg explained.  Investors value most of those loans at 5% to 10% above par, reportedly, “meaning the purchases result in an immediate writedown for the bond holders and a potential profit for the lender when they’re able to resell the loan.” Former Ginnie Mae President Ted Tozer, now a senior fellow at the Milken Institute, told Bloomberg, “The banks are setting themselves up for a huge windfall. It’s almost pure profit.”According to Bloomberg, sources from the lending and banking industry argue that the process is often risky and that it “has more to do with accounting issues than trying to score a quick profit.” Bank of America mortgage security strategist Michael Khankin, for one, expounded on the “risk” idea, noting that lenders that engage in extensive buyouts do face a potential downside. “This is not a riskless transaction,” said Khankin, who noted borrowers might default while a lender holds the loan or government agencies could change the rules again for when mortgages can be re-securitized. How accounting factors in: Rules force lenders to put loans on their balance sheets if they have an option to buy the mortgages “in the money,” meaning that exercising it would turn a profit, explained Bloomberg. On Wells Fargo’s Q2 earnings call last month, CFO John Shrewsberry said that accounting requirements influenced its loan purchases. Wells Fargo spokesman Tom Goyda said the bank regularly buys delinquent loans out of Ginnie pools to manage balance sheet impacts and to reduce expenses. Why the pandemic-prompted buyouts are different than in other situations: Loan buyouts aren’t new but now it’s about the uniquely large number of homeowners who’ve opted to delay their monthly payments because lawmakers have protected them from foreclosures. In general, those borrowers are expected to start paying their mortgages again. That means that, unlike during the 2008 financial crisis, lenders that buy delinquent loans might be able to easily resell them at premium prices as the mortgages become current. The outlet goes on to report that “Wells Fargo in July and August bought $19 billion of loans out of Ginnie securities for $1.5 billion less than the loans’ market price, according to Dhivya Krishna, head of research for hedge fund Metacapital Management LP, which invests in Ginnie mortgage bonds.” As for U.S. Bancorp, it bought $5 billion of such loans for $380 million less.  Other lenders have made smaller purchases, but some bond investors say that increasingly high delinquencies and nonpayments due to COVID-19 will cause these buying opportunities to blossom in coming months.  Now, if the economy rapidly improves in coming months, and homeowners, in large numbers, exit forbearance, said opportunities will dwindle. Home / Daily Dose / COVID Relief’s ‘Unanticipated Side Effect’ in the MBS Market Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: ‘Online Buyers’ Contribute to Growing Home Sales Next: The Changing Face of Distressed Property Auctions COVID Relief’s ‘Unanticipated Side Effect’ in the MBS Market Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago 2020-08-20 Christina Hughes Babb Demand Propels Home Prices Upward 2 days ago About Author: Christina Hughes Babb August 20, 2020 1,779 Views Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Subscribelast_img read more

LORETO LETTERKENNY 5K DETAILS ANNOUNCED

first_imgTHE LORETO Convent Letterkenny 5k fun run and road race will take place this year on Wednesday September 23 with organisers promising a great event.So there are no excuses for not taking part!The event will start and finish at he convent with a 7pm start and registration from 5.30pm. There are loads of prizes on offer.Runners entry fee is €8, it’s €5 for walkers and €20 for families. LORETO LETTERKENNY 5K DETAILS ANNOUNCED was last modified: September 9th, 2015 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:5kdonegalloreto convent letterkennylast_img read more