April 20, 2016 1,052 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Print This Post Subscribe Tagged with: CFPB Compliance Consumer Financial Protection Bureau Regulation Data Provider Black Knight to Acquire Top of Mind 2 days ago CFPB Compliance Consumer Financial Protection Bureau Regulation 2016-04-20 Brian Honea Share Save Previous: NAR Calls for Further FHA Insurance Premium Reductions Next: Credit Unions’ RMBS Recoveries Reach Milestone The Week Ahead: Nearing the Forbearance Exit 2 days ago Rising Compliance Costs Burden Financial Firms A fiercely raging debate for the last five years is whether or not the added costs imposed on businesses that must comply with increased regulations justifies the benefits of those increased regulations.While that debate continues, one thing that is hard to dispute is that the increased regulations have resulted in greater compliance costs for firms in the financial industry. A recent survey of C-level financial services executives, risk services directors, and compliance officers showed that more than three-quarters of respondents have seen their compliance costs rise due to regulation.In addition to covering how financial services companies are handling the requirements of the increased regulation brought on by Consumer Financial Protection Bureau in the last few years as well as their perception of consumer sentiment with regards to the heightened regulatory environment. The survey was conducted by Aptean Consumer Complaints Compass.What the survey found was that 86 percent of respondents said they had seen their compliance costs increase due to increased regulation, and 29 percent of respondents said that they had to significantly expand their teams that handle complaints so that the complaints could be properly managed.“As the CFPB continues to shine the spotlight on subpar providers, everyone in the financial services industry is feeling the pressure. There is a direct correlation between increased consumer complaint exposure and rising volumes,” said Matt Keenan, Aptean Group VP of CRM. “Ultimately, those providers who have implemented strategies and technology to better navigate compliance and strengthen relationships with consumers will continue to thrive.”Keenan continued, “It is important for financial institutions of all sizes to begin capitalizing on the lessons learned by organizations currently impacted by the CFPB. “Proactively implementing best practices is an opportunity to differentiate themselves from their competition and to improve customer retention and satisfaction.”According to the survey, some strategies that financial servicers professionals are employing in order to curb complaints are: Treating complaint management as a firm-wide exercise in product/service improvement (70 percent of respondents have implemented, and another 15 percent are considering implementing before the end of the year); aligning complaint management policies and procedures with requirements of CFPB audits (63 percent of respondents have already implemented, while another 11 percent said they were considering implementing but have not set a date); and leveraging modern technology, such as a focused complaint management solution (56 percent of respondents have implemented, and only 7 percent said they are not considering implementing).Click here to view some fast facts about the survey. Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Rising Compliance Costs Burden Financial Firms Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago About Author: Brian Honea The Best Markets For Residential Property Investors 2 days ago Related Articles in Daily Dose, Featured, Government, News The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago
Heavy rainfall and high winds contributed to Georgia farmers growing fewer Vidalia onions this year, but demand for the popular vegetable and low yields for Texas onions helped keep prices steady.According to Cliff Riner, coordinator of the University of Georgia Vidalia Onion and Vegetable Research Center, Georgia’s onion crop was limited this year due to an accumulation of inclement weather. “We had temperatures as low as 15 degrees (Fahrenheit), hail storms, 40- to 50-mile-per-hour winds and really heavy rain,” Riner said. Weather conditions added to a crop that was already short this year. “We were already planting 400 to 600 acres fewer than what we have been planting. There weren’t many growers that increased their acreage planted after last year. We just harvested an average crop, with some major losses to fields that weren’t even brought in,” he said.Riner said the biggest hit came on the second maturity group of onions, what is referred to as the “early main season.” Two major storms brought hail and winds through southeast Georgia just as fields were starting to mature. “This group of onions makes up our largest acreage. Some fields weren’t harvested because of the hail damage, and where there was just strong wind, we just didn’t get the size we needed. When the wind lays the tops down and knocks the leaves off, the onion won’t increase in size as it would normally. Some growers suffered losses worse than others, but the weather brought some challenges (to all growers) this year,” Riner said.Vidalia onions are harvested in only 20 state-sanctioned Georgia counties from mid-April through May.Though production was lacking this season, farmers that did produce a good crop were rewarded with strong prices. Riner said the price could continue to rise through the summer, as demand is still strong and shipping is at full capacity.A crop shortage in Texas this year also led to a robust market for Georgia producers, according to Riner.“Back in January and February, the national price situation on onions was pretty low. However, all of that changed because the Texas crop was poor this year. They were only able to sell about 20 percent of their onions. That 80 percent loss really changed Vidalia’s outlook,” Riner said. “We could have had a very bad year price-wise, but it really turned out to be positive by the time our onions were ready. UGA onion fertility trialsTim Coolong hopes to help boost Georgia farmers’ onion crop in the near future. The UGA Cooperative Extension horticulturist is working with Riner to study fertility treatments of Vidalia onions with the goal of boosting the industry, which had a farm gate value of $163 million in 2012. This year, Coolong is studying 14 different fertilizer treatments and programs in search of one that best improves overall yield quality while reducing risks.One potential risk is “bolting,” when an onion plant flowers prematurely. “With our fertility trials, some varieties bolted very heavily. In some varieties, up to 30 percent bolted. Other varieties weren’t nearly that bad. Some were down around 5 to 10 percent,” Coolong said. “When they flower like that, you can’t sell them.”Coolong is also studying fertilizer’s impact on onion flavor and storage life.“Our goal at the end of this is to develop a common program that we can make available to growers to say, in most years, that this fertility program will manage their risk effectively,” Coolong said. “There may be an odd year where heavy rains require a more nitrogen-intense program to maintain high yields, but, on average, what we’re hoping to do is to take out some of that variability.”
Such performances have put the Saints captain in Roy Hodgson’s World Cup plans, but the same cannot be said for Rodriguez. The 24-year-old failed to catch the eye on his debut against Chile, but that frustration has not been evident on his return to Southampton. “No, not at all,” Pochettino said when asked if there had been a negative reaction from Rodriguez ahead of this weekend’s clash with Arsenal. “They have all returned very motivated, very happy to have played their part in the national side. “They are both really excited to put the Southampton shirt back on and to be playing on Saturday. “The experience for them has been really positive, for their experience and for the performances in the future. “They have all returned with great motivation to train with us and looking ahead very excitedly for the game on Saturday. “I think any experience that they garner, that they acquire with the national side, is going to be beneficial for us, is going to be positive for us. “Any experience that they get on international duty will be a bonus for Southampton we are very pleased about that.” The pair were rewarded for a fine start to the season by joining team-mate Rickie Lambert for the national team’s friendlies with Chile and Germany. Neither were able to replicate Lambert’s dream start to life in an England shirt, but Lallana was impressive in otherwise disappointing defeats at Wembley. Press Association Adam Lallana and Jay Rodriguez enjoyed differing fortunes on their England debuts, but manager Mauricio Pochettino only sees the past fortnight as being positive for them as individuals and Southampton as a whole.
CHICAGO — The Dodgers broke from their established practice by signing a setup reliever to a big free-agent contract last offseason, expecting Joe Kelly to pitch in high-leverage situations for them.That hasn’t worked out well so far.Kelly allowed runs in seven of his first 10 appearances with the Dodgers and took an ERA of 9.82 into Thursday’s game. Opposing batters had hit .367 (18 for 49) with a .633 slugging percentage against him, thanks to four doubles and three home runs.Asked before Thursday’s game if he might need to use Kelly in less critical situations until his performance improves, Dodgers manager Dave Roberts didn’t give a direct answer. Dodgers’ Max Muncy trying to work his way out of slow start Dodgers hit seven home runs, sweep Colorado Rockies Roberts would not blame Dodgers catchers for their pitch selection causing the sequencing issues.“That’s on all of us,” Roberts said. “He has the ball. The catcher has the fingers. But I manage this club. We have a pitching coach. So it’s on all of us to take the responsibility to put him in the best position to have success. These are conversations that we’re continuing to have. I expect it to get significantly better, I really do.”Closer Kenley Jansen has his own amateur psychologist’s explanation for Kelly’s early-season slump.“To me – (World Series) hangover,” Jansen said.As Jansen found out the past two seasons, it’s difficult to come off the intensity of a World Series run and then manufacture the same intensity for games the following April and May.“I see myself last year,” Jansen said.FOR OPENERSThe Dodgers have vowed to limit Julio Urias’ workload, control the situations in which he is used and then give him multiple days off following multi-inning appearances.Sounds like a perfect candidate to be an “opener.”“It’s a thought,” Roberts said before admitting the Dodgers’ decision-makers have not discussed it. “I don’t know what effect that has. If he does open, how long is he going to pitch, when is he going to be able to pitch the next time? Obviously, that’s contingent on how long he goes. Is he going to go an inning, is it two innings?“I don’t think we’ve really considered that. But it’s a good thought.”Those same questions apply if the Dodgers continue to use him the way they did Tuesday in his first appearance out of the bullpen this season. Roberts brought Urias in to replace starter Kenta Maeda with the Dodgers trailing 6-1 Tuesday night. But by using him as an opener – with another starter such as Maeda following him in “piggy-back” fashion – the Dodgers could assure Urias pitches in, at worst, a 0-0 game.Using him with the team trailing as it was Tuesday “is not going to be the norm,” Roberts said.Roberts said Urias’ demeanor and warmup routine – despite major shoulder surgery in 2017 – do not require any special handling.“He is just so confident in his ability, No. 1, and the way he feels. There’s no anxiety,” Roberts said. “Him knowing he’s available to pitch that day, now he’s a regular reliever.”Using Urias as an opener with Maeda following him would create another problem. Maeda’s contract is heavily weighted with bonuses, including a potential $6.5 million for games started.Related Articles Cody Bellinger homer gives Dodgers their first walkoff win of season Fire danger is on Dave Roberts’ mind as Dodgers head to San Francisco ALSOLeft-hander Rich Hill threw a bullpen session Thursday and is on track to make his season debut Sunday against the Pittsburgh Pirates. …Shortstop Corey Seager was not in the starting lineup for the day game Thursday after a night game Wednesday. In his first month since returning from hip and elbow surgeries last year, the Dodgers had a plan to manage Seager’s workload.“To kind of have a plan of how you want to manage him and whether he’s swinging the bat well or not, we’ve managed to stay the course with that,” Roberts said. …UP NEXTPirates (RHP Chris Archer, 1-1, 2.74 ERA) at Dodgers (LHP Hyun-Jin Ryu, 2-1, 3.10 ERA), Friday, 7:10 p.m., SportsNet LA (where available), 570 AM “There’s some value in giving guys opportunities to have success and gain some confidence,” he said. “But I really don’t think Joe’s confidence has wavered. I think he’s very frustrated and upset with himself – which I like in a player. I don’t think he doubts his own ability.“But, to your question, I’m going to put him in positions that I feel give him the best chance to have success.”Roberts gave a more direct answer a few hours later when he sent Kelly out to pitch the eighth inning with the Dodgers protecting a 2-0 lead. Kelly survived a single off the ivy by Javier Baez to pitch a scoreless inning.Roberts has repeatedly said “the stuff is good” when asked about Kelly’s struggles. Kelly’s fastball has averaged 97 mph this season, down slightly from last year’s 98.5 mph with the Boston Red Sox. “A lot of it comes down to mis-execution and sequencing,” Roberts said.“For me, and I’ve talked to Joe about this, it’s mis-execution and I just don’t think the sequencing piece is where it should be,” Roberts said. “I don’t want to go too deep into that. But there’s a predictability piece of things that when you have weapons like Joe has, to not be as dynamic in a sequence in an at-bat, I think you’re doing yourself a disservice. You’re minimizing your margin for error. I think that’s what’s happening to him in these 10, 11 appearances.” How Dodgers pitcher Ross Stripling topped the baseball podcast empire Newsroom GuidelinesNews TipsContact UsReport an Error