Comments on CFPB remittance rule changes due Jan. 21


first_imgCUNA is encouraging credit unions to submit their comments on the Consumer Financial Protection Bureau’s (CFPB) proposal to raise the safe harbor thresholds for its remittance rule by the Jan. 21 deadline. Stakeholders can use CUNA’s Grassroots Action Center to submit comments to the CFPB.The CFPB finalized its remittance rule in February 2012, and after a mandatory rule assessment last year, is proposing to increase the “normal course of business” safe harbor threshold from 100 to 500 transfers annually.In addition, the CFPB is also proposing changes to the rule to mitigate the effects of the expiration of the statutory “fee estimates exception” that allows insured institutions to disclose estimates instead of exact amounts to consumers. That exception expires on July 21.CUNA generally supports the CFPB’s proposal, but has called for the threshold to be raised to at least 1,000 and for the CFPB to explore several revisions and additions to the proposed rule. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

Haiti to pay mothers school incentives via mobile


first_imgNewsRegional Haiti to pay mothers school incentives via mobile by: – May 29, 2012 Tweet Share Sharing is caring! Sharecenter_img Share 7 Views   no discussions The earthquake of January 2010 devastated much of Port-au-PrinceThe government in Haiti says it will begin transferring cash credits to mothers who send their children to school regularly.Each mother will receive up to $20 (£13) a month and the transfers will be made via mobile phone. The programme, called Ti Manman Cheri, or Dear Little Mother, aims to benefit initially a 100,000 families in the capital, Port-au-Prince. Venezuela is providing $15m (£9.5m) for the first phase of the programme.Other Latin American countries, such as Brazil and Mexico, have adopted schemes that provide benefits to families who keep their children in education.But the Haitian government says this is the first such initiative to use mobile phones for cash transfers. Prime minister Laurent Lamothe said the programme represented “a revolution in the country.”It will initially benefit families in four of the poorest areas of Port-au-Prince and should be extended to the rest of the country by the end of the year.Haiti is one of the poorest countries in the western hemisphere.It suffered huge human and material losses when it was hit by an earthquake in 2010.BBC Newslast_img read more

Malachi Richardson continues hot streak in win over Notre Dame


first_imgMalachi Richardson was still thinking about the emotions of the play before when his 3-pointer from straight-on extended a far-from-tenuous Syracuse lead to 24 with 8:22 to play.He was thinking about getting his arms tangled with Notre Dame’s Matt Ryan. He thought about Ryan pushing him and he thought about the double-technical foul that was assessed after bumping Ryan with his body before the two were separated.Richardson pulled up just 11 seconds later, on the next time down the court, and swished the 3 to the roar of a crowd that wanted revenge as much as he did.“I knew it was going in before I shot it,” Richardson said.Richardson scored 15 points on 4-of-7 shooting to follow up his 23-point night at No. 13 Virginia just four days earlier. His emotional moment was the highlight of Syracuse’s otherwise drama-less, 81-66 win over No. 25 Notre Dame on Thursday in the Carrier Dome.AdvertisementThis is placeholder text“That was a frustration shot,” Michael Gbinije said. “He was looking to get back at them. That’s the only way he could have done that. It helped us out.Richardson wasn’t as much of an offensive factor for the Orange as it jumped out to an 17-point lead thanks to a 23-1 run, but his offense continued as it has throughout conference play. He hit a 3 in the first half to make it 31-14. He connected on a four-point play to end any idea of a Notre Dame rally after the Irish cut the lead to 12 in the second half.With two minutes left, he went one-on-one to the basket, and finished at the rim with ease, long after the Fighting Irish had any fight in them.But his best part of the night was the way he responded to the worst part. Teammates told him that the best way to get back at Ryan was to knock down a shot, dunk on him, do whatever it takes to get yourself going.And it didn’t take long for him to answer that call.“I was already a little frustrated at the choppiness that the kid did,” Richardson said. “It happens, and I moved on from it.” Comments Facebook Twitter Google+ Published on January 28, 2016 at 10:21 pm Contact Sam: [email protected] | @SamBlum3center_img Related Stories Syracuse smashes No. 25 Notre Dame in 81-66 upsetFast reaction: 3 takeaways from Syracuse’s 81-66 win over No. 25 Notre DameGrade Syracuse’s performance against Notre Dame and vote for the player of the gameSyracuse community reacts to upset win over No. 25 Notre Damelast_img read more

Dodgers’ magic number stuck at four after loss to Giants


first_imgAlready without shortstop and cleanup hitter Hanley Ramirez (back) and center fielder Andre Ethier (ankle), Mattingly sent fresh-from-Albuquerque rookie Nick Buss to start in right field, planted Skip Schumaker as the No. 5 hitter and playing center and had Jerry Hairston Jr. go out to left field, since Carl Crawford was having back problems as well.Add to that .228 hitter Dee Gordon in the leadoff spot and playing shortstop, and Edinson Volquez given another chance to make a start on the mound with his ERA just shy of six.A bases-loaded-clearing double by Adrian Gonzalez off Giants starter Ryan Voglesong in the fifth inning gave the Dodgers a 3-1 advantage for Volquez, who had struck out six to that point and gave up a solo homer to Pence to start the second inning prior to that.In the sixth, Volquez gave up a two-out single to Brandon Belt, and having hit the 85-pitch mark, drew pitching coach Rick Honeycutt to the mound.Three pitches later, Pence took Volquez deep again into the Dodgers bullpen, and the Dodger pitcher’s day was over with the scored tied at 3-3.“Everything felt fine, I just didn’t execute,” said Volquez, who struck out seven and got nine groundouts. “I’ve faced (Pence) a lot in the past, and he’s just hot right now. Just made two change-ups that he hit.”Mattingly said of Pence: “That’s one guy you really don’t want to be leaving the ball up to at all. Volquez didn’t execute a couple of pitches and he made us pay.”Rodriguez, the fourth Dodgers pitcher and one who pitched scoreless relief in 39 of his previous 43 appearances since early June, went full count to Pill before his go-ahead home run was deposited into the left-field corner for the one-run San Francisco lead.Buss, who had his first major-league hit in his debut on Saturday night, looped a single to right to start the bottom of the ninth against Giants closer Sergio Romo. Nick Punto sacrificed him to second, and Buss was held up at third base after a sharp single to right by Gordon, who reached base in his last three at-bats.Gordon’s steal of second on a 1-1 count to Mark Ellis opened first base, but Romo went after Ellis and struck him out.Walking Gonzalez intentionally for the second at-bat in a row brought up reliever Ronald Belisario’s spot – and another spotlight moment for Puig to the roar of the 47,302.One pitch later, it was over. Fielding a lineup that looked more like an optical illusion than a pennant contender, Dodgers manager Don Mattingly ended up sending supposedly too-injured Yasiel Puig as his make-or-break pinch hitter with two out in the bottom of the ninth and the bases loaded.Instead of another walk-off victory that would have shrunk the magic number to three heading into a four-game series against runner-up Arizona, Puig smacked the first pitch to Giants shortstop Brandon Crawford, who flipped to second baseman Joaquin Arias to end the game and series.Puig, whose sliding catch in center field during an otherwise forgetful 16-run loss Saturday night apparently inflamed the hip enough to have himself removed, conveyed to Mattingly on Sunday morning he’d be OK to pinch hit, just not serviceable for outfield play.That was hardly the way Mattingly framed the injury to the media about 2½ hours before the game, going so far as to say Puig could be out up to two weeks, while adding that he was joking.“I was ready just like every other player,” the 22-year-old from Cuba said through an interpreter of his pinch-hitting appearance afterward. “They came to me to hit and I was ready for it. Sadly it didn’t turn out like I wanted it to, but I was prepared just like the other guys.” Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img Stuck on four. No less, no more.The Dodgers failed to move the needle any closer to clinching the National League West for the second day in a row, but at least the stalled pursuit led to more international intrigue during a 4-3 loss to the San Francisco Giants on Sunday at Dodger Stadium.An eighth-inning pinch-hit homer by Brett Pill off Dodgers reliever Paco Rodriguez, in addition to two more home runs by Hunter Pence, was just enough for the Giants to secure three of the four games and prevent the Dodgers from doing any sort of celebration during their extended stay in L.A.Not even Arizona’s win over Colorado in Phoenix did the Dodgers any favors.last_img read more