in Data, Government, Origination, Secondary Market, Servicing, Technology December 13, 2011 466 Views Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Processing Service Providers 2011-12-13 Abby Gregory The commercial real estate market in the U.S. appears set for an uptick in 2012, but don’t expect a headline-making rise. According to recent research from “”Jones Lang LaSalle””:www.joneslanglasalle.com/, economic indicators are pointing to a modest improvement in the commercial segment, and data from the company also reveals that rumors of a double dip in the sector during the coming year were premature.[IMAGE]Highlights from Jones Lang LaSalle’s “”2012 National Commercial Real Estate Outlook””:http://www.us.am.joneslanglasalle.com/UnitedStates/EN-US/Pages/Research.aspx included predictions tallying transaction volume and movement in the hospitality realm. Numbers from the survey call for an increase in total transaction volume of 15 to 20 percent, and the company’s statistics forecast an estimated $190 billion in volume for 2012.Commenting on the new data, Jones Lang LaSalle’s managing director of research for the Americas, Ben Breslau, said, “”Total investment transaction volume in office, industrial, retail and multifamily will increase by a projected 15-20 percent over the├âÔÇÜ├é┬á2011 forecast total of more than $160 billion, which in itself will represent an approximately 44 percent increase over total volumes in 2010.””[COLUMN_BREAK]Businesses’ future investment interest in the commercial segment also played a role in Jones Lang LaSalle’s evaluation, and the entity noted that it’s likely that businesses around the country will put strong consideration toward commercial real estate during the year ahead, as they focus on investments that are efficient and productive. Additionally, Jones Lang LaSalle noted in a company statement about the report that “”businesses will consider corporate real estate as a greater contributor to corporate social responsibility initiatives in 2012, shifting investments from new construction toward retrofitting existing assets.””The survey addressed global uncertainty, slow employment growth, and changes in the marketplace as important catalysts in driving down the demand for office space. However, Jones Lang LaSalle identified specific areas around the U.S. that seem likely to go against the trend, stating, “”Commodity- and technology-rich markets, such as Texas, Denver and Northern California will lead demand growth.””In the hotel and resort segment, demand is expected to continue its recent increases during 2012, but the company mentioned that the pace of the trajectory will be more “”cautious.”” Jones Lang LaSalle’s results also showed that private equity groups will be at the forefront of asset bidding in the commercial hospitality arena. Continuing his statements on Jones Lang LaSalle’s findings, Breslau added, “”Given concerns in Europe and in some emerging markets, we anticipate the United States recovery to be comparably stable in 2012, though the overall growth trajectory will remain modest. Debt financing will remain available for core real estate, and we expect the current slowdown in commercial mortgage-backed securities will be relatively short-lived, though the recovery in CMBS volumes will be choppy and will take time.”” Commercial Sector Forecasts Show Uptick in 2012 Share
March 29, 2013 425 Views “”Wingspan Portfolio Advisors””:http://www.wingspanportfolioadvisors.com/, a diversified mortgage servicing company operating in the Dallas area, says lenders, servicers, and investors are “”leaving money on the table”” by not doing their homework on oil and gas leases.[IMAGE]The company worked in 2012 with oil and gas exploration and production companies to help them preserve energy leases in residential communities. In the process, it was discovered that oil companies hold leases under entire communities permitting drilling processes to recover gas and oil deposits–and servicers are often unaware.””Lenders and servicers are definitely missing a revenue opportunity,”” said Wingspan president and CEO Steven Horne. “”Subordinating a mortgage for an oil and gas lease is not like allowing a typical lien that poses a foreclosure risk. The mortgagee can still foreclose, but it will not wipe out the lease.””Horne went on to explain that oil and gas companies will pay a subordination fee based on the location and productivity of the lease, some of which can run as high as $500 in the oil rich areas of Texas, Colorado, and Pennsylvania.At the same time, properties currently in REO portfolios may have former leases that energy companies would want to renew. “”Tens of thousands of leases were wiped out during the foreclosure crisis,”” Horne said. “”When banks own REO, they are generally unwilling to execute a new lease on a property either because they are misinformed or unaware of the benefits they are passing up. Servicers should also know that leaseholders are motivated to help with costs associated with completing loan modifications if it can help keep a borrower in place and preserve an existing energy lease.””Up to 25 percent of the oil, gas, and mineral leasehold properties in the country may be in danger of losing their leases unnecessarily, Horne said. In order to prevent that, he believes “”the time is ideal for bringing the oil and gas community together with the mortgage industry for the benefit of all.””””We’re in an environment where there is much riding on the success of the oil and gas industry at making us less dependent on foreign energy and on the long-term health of the housing finance system,”” he said. “”Wingspan can help both sides achieve their goals, while enhancing these essential and strategic segments of the economy for generations to come.”” in Data, Government, Origination, Secondary Market, Servicing Wingspan Finds Benefits for Lenders in Energy Lease Preservation Share Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Processing Service Providers Wingspan 2013-03-29 Tory Barringer
Agents & Brokers Attorneys & Title Companies Fannie Mae Investment Investors Lenders & Servicers Mortgage-Backed Securities Service Providers 2013-07-12 Krista Franks Brock in Secondary Market Fannie Mae Multifamily Issuance Remains Even in Q2 Share July 12, 2013 406 Views “”Fannie Mae’s””:http://www.fanniemae.com/portal/index.html issuance of multifamily mortgage-backed securities (MBS) in the second quarter was relatively even at $7.6 billion, the GSE “”announced””:http://www.fanniemae.com/portal/about-us/media/corporate-news/2013/5990.html Thursday.[IMAGE][COLUMN_BREAK]””Our lenders continued to originate Multifamily DUS bonds at consistent levels in the second quarter,”” said Manny Menendez, SVP of multifamily capital markets & pricing at the GSE. Fannie also announced the resecuritization of $3 billion through the Fannie Mae Guaranteed Multifamily Structures (GeMS) program over the second quarter of this year. The GeMS program relies on “”block size transactions”” and diversity and “”consists of structured multifamily securities created from collateral specifically selected by Fannie Mae Capital Markets,”” according to Fannie Mae. The GSE completed three GeMS real estate multifamily investment conduit (REMIC) transactions and issued two multifamily REMICs backed by $692 million.The transactions were lead by Barclays, Goldman Sachs, and Citigroup. Fannie Mae also sold about $5.5 billion of multifamily securities over the quarter.
in Data Analysts Address Truths and Untruths of Home Price Gains Are indices incorrectly misleading the market regarding the rise of house prices?[IMAGE]””Yes”” is what the market appears to be saying when it comes to rising house prices. But is there more to what the indices suggests than meets the “”aye?”” A recent U.S. Housing Market Update from “”Capital Economics””:https://www.capitaleconomics.com/ suggests that the information reported in indices may not exactly measure up.Data reveals that the decline of distressed sales is in fact having an upward impact on house prices, yet that information alone does not appear to be enough evidence to convince market experts that house price indices’ failure to adjust for this result is in essence marring the “”real”” rate of house price appreciation. For instance, while both the “”Case-Shiller””:https://themreport.com/articles/case-shiller-indices-near-5-year-high-2013-07-30 20-City index and the “”CoreLogic””:https://themreport.com/articles/price-gains-stay-on-fast-track-in-may-2013-07-02 index revealed house prices increasing upwards of 1 percent in May, and 12.2 percent throughout the last year, there have also been claims that perhaps [COLUMN_BREAK]these indices have been exaggerated or inflated due to the way that foreclosure resales are calculated into the equation alongside home prices. The “”Zillow””:https://themreport.com/articles/us-home-value-appreciation-picks-up-speed-in-q2-2013-07-23 house price index, in light of this hypothesis, shows a much more moderate rise by just 5.8 percent year-over-year. And yes, it certainly does appear that the share of distressed sales had an impact on the rate and direction of house price shifts in the recent years, mainly that the decline of such sales particularly in 2009 aided a house price increase, yet this impermanent improvement simply shifted right back following the rise once again of distressed sales. Hence, the maintainable rise in house prices finds itself situated alongside a major drop in distressed sales shares.Despite the claims of exaggeration, it is not entirely conclusive that the main indices are in fact over-egging the “”true”” rate of price appreciation, as even though distressed sales can push prices away from the buyers and sellers of a market, they have also undoubtedly laid the foundations for the housing market’s mend as they provide an opportunity for investors to purchase homes at bargain prices, which in turn aids housing recovery. Likewise, though, the most recent dip in distressed sales has also catapulted housing towards healing. Both sides considered, this entire issue may come down to what is often known as a red-herring, with some indices including distressed sales data as others exclude it. Bottom line remains that house prices are expected to grow and then slow as 2014 is ushered in. Such a slow down in house price appreciation would indicate a sustainable nationwide house price recovery is right at our fingertips. Share August 4, 2013 434 Views Agents & Brokers Attorneys & Title Companies Capital Economics Home Prices Investors Lenders & Servicers Service Providers 2013-08-04 Andy Miller
Report: Recovery Testing Normal Economic Assumptions Perhaps it’s only fitting that the recovery cycle of a recession like no other would itself be like no recovery that has come before. The continued—and oddly sluggish—recovery cycle the U.S is currently experiencing in not, according to a new report by Fitch Ratings and Oxford Analytica, on course to run the typical peaks-and-valleys cycle of the five major economic expansion periods the U.S. has experienced since the early 1970s.“Conventional wisdom assumes certain patterns to economic recoveries, based on 40 years of global boom and bust in the U.S., Europe and Asia,” said John Olert, chief credit officer at Fitch. “But this recovery seems different.”One major difference this time is that interest rates and stimulus spending will probably play diminished roles in the overall U.S. recovery, the report stated. This, despite the fact that interest rates historically play a rather prominent role in housing recovery.Though the report qualifies U.S. interest rates to be “at supportive levels,” these rates have already been at or near historic lows for several years, and the economy is still shaking off the cobwebs. And because the overall economic picture has greatly improved from its 2009 and 2010 doldrums, and because housing markets are seeing more activity than in those years, interest rates are about to increase.On top of that, the report found, the large financial stimulus that helped keep the economy from plummeting and spurred some recovery has declined significantly in the face of budgetary realities. So it, too, will not have the same effect on national growth.It’s worth noting, however, that while the housing market is improving, it is not improving with the verve many economists had predicted just a couple months ago. In fact, a report released by Fitch Ratings in late April showed that sales of both new and existing homes in March fell short of expectations, while housing starts also failed to live up to optimistic predictions that the end of an unusually harsh winter would spell growth in all areas of the housing sector. However, it is also worth noting that spring 2014 numbers are measured against those of spring 2013, which was, after a period of relative stagnation, an especially productive spring.Still, economists who once predicted increasing demand and shrinking inventories upon the advent of spring have dialed down their talk of housing growth, even though Mike Simonsen, co-founder and CEO of real estate data firm Altos Research, said in April that it is not a good idea to draw conclusions about the demand for homes based on sales. “You can’t tell how many people want to buy homes by how many are sold,” Simonsen said.Increasing confidence among many Americans that the economy is getting there may stem from housing recovery and a strong equity market, which are improving, just not as quickly as some had predicted. Fitch and Oxford suggested that the U.S. economy may also benefit in the long run from the energy boom—which, in some markets, such as Houston, where the coming Exxon Mobil headquarters development is expected to bring 10,000 jobs, has triggered significant growth in housing sales and construction—and global competitiveness through increased trade. Share in Daily Dose, Data, Headlines, News Existing-Home Sales Fitch Ratings Housing Starts Mortgage Rates New Home Sales Recovery 2014-05-16 Scott_Morgan May 16, 2014 496 Views
May 23, 2014 495 Views Share in Headlines, News, Uncategorized Carrington Mortgage Services Opens New Virginia Branch Carrington Company News Movers & Shakers 2014-05-23 Tory Barringer Carrington Mortgage Services now has a fifth retail lending branch in Virginia, with a 25-year finance veteran leading the operation.The company announced the opening of a new branch in the state, this one located in Tysons Corner. Through the new location, Carrington aims to expand its coverage in the Washington metropolitan area with a focus on borrowers in the sub-640 FICO score range.Directing the Tysons Corner branch is Terry Rowland, who has experience heading retail, wholesale, and correspondent lending departments at several national leaders.”Carrington remains sharply focused on increasing our capacity, expanding our offerings in a compliant manner while maintaining our high standards for loan quality and widening our reach to effectively serve those consumers who most need the specific expertise we can provide,” said Ray Brousseau, EVP of Carrington Mortgage Services’ Mortgage Lending Division. “These commitments require strong leadership at the local level, which is exactly what we expect from Terry Rowland.”
September 15, 2014 467 Views Fannie Mae FHFA Freddie Mac HSBC RMBS Settlements 2014-09-15 Tory Barringer Share HSBC, FHFA Reach $550M RMBS Settlement in Daily Dose, Government, Headlines, News, Secondary Market HSBC Holdings is the latest institution to make good with the Federal Housing Finance Agency (FHFA) after the firm’s North American arm agreed Friday to pay hundreds of millions to settle claims revolving around faulty mortgage-backed securities (MBS) sold to Fannie Mae and Freddie Mac in the years before the crash.In a settlement announced Friday, HSBC agreed to pay $550 million to FHFA to resolve allegations it violated state and federal securities laws in its selling of private-label securities to the GSEs between 2005 and 2007. HSBC stopped issuing and distributing MBS in 2007.The settlement did not include an admission of wrongdoing on HSBC’s part.”We are pleased to have resolved this matter,” said Stuart Alderoty, senior EVP and general counsel for HSBC North America.Under the terms of the agreement, $374 million will go to Freddie Mac, with the remaining $176 million going to Fannie Mae.To date, all principal and interest payments have been made on the securities related to the settlement, HSBC said in a statement.FHFA first brought claims against HSBC and more than a dozen other banks in 2011, seeking repayment for losses the GSEs took during and after the financial meltdown as defaults skyrocketed. Aided by funds recovered from the settlements and a pickup in the housing market in the last few years, profits at both companies have recovered, and both have paid back the entirety of the bailout money they took from the government.With the HSBC settlement, only two of the 18 lawsuits FHFA filed in 2011 have not been resolved. In a statement, the agency said it will continue “to pursue a satisfactory resolution of these actions.”
September 27, 2016 623 Views in Daily Dose, Featured, News Some Markets are Failing Another Type of Stress Test Share Housing Markets Monthly Income Mortgage Stress 2016-09-27 Seth Welborn In June, all 33 bank holding companies reviewed as part of the Federal Reserve’s annual stress testing made the grade. Some housing markets in the United States, however, are not doing so well with a different type of stress test.Twenty of the largest 100 markets in the United States have “mortgage stress,” meaning homeowners’ mortgage repayment is more than 28 percent of their gross income on average in those markets, according to data from Finder.com.“Mortgage stress is present throughout the nation, but there are some major U.S. cities that have higher mortgage stress rates than others,” the report stated. “Interest costs and the prices of homes are inflating, and salaries and wages are struggling to keep up.”To calculate which markets are experiencing mortgage stress, Finder.com used the median home value, median household income, and annual mortgage repayments in the top 100 most populated U.S. cities and then used that data to find the proportion of mortgage payments in those markets. For example, a homeowner with an annual income of about $51,000 with a $265,000 mortgage who was putting 28 percent of their income toward mortgage repayments would be paying $1,183 monthly.The average mortgage repayment in proportion to income for the top 100 markets was 20.9 percent, according to Finder.com. California was the state with the most cities that have mortgage stress; 10 of the top 20 markets with mortgage stress were located in the Golden State. San Francisco was the top market for mortgage stress, with 61.5 percent of the city’s median household income going toward the average mortgage repayment. Los Angeles and Oakland were second and third at 50 percent and 49.7 percent, respectively; the highest-ranking non-California market was New York at 47.7 percent.The markets with the least amount of mortgage stress were typically located in the Midwest. Detroit was the market with the lowest proportion of income to repayments with 6.1 percent, followed by two Ohio cities (Toledo, 7.26 percent, and Cleveland, 8.5 percent), Memphis (8.63 percent), and Fort Wayne, Indiana (9.3 percent).
May 16, 2019 624 Views Share in Daily Dose, Data, Featured, News Economy ESR Fannie Mae Freddie Mac Home Sales homes HOUSING 2019-05-16 Radhika Ojha The housing market is likely to see healthy growth this spring according to reports by Fannie Mae and Freddie Mac. Home sales are also expected to surge during this time, the reports noted.According to Fannie Mae’s Economic and Strategic Research Group’s (ESR’s) May outlook, leading indicators for housing continued to suggest a “solid spring homebuying season,” with the ESR revising its forecast for the second quarter and the rest of the year upwards for housing.Echoing this sentiment, Freddie Mac kept its positive outlook on the housing industry unchanged in its May forecast citing “positive impact of low mortgage rates, a strong labor market, low unemployment, and modest wage growth,” as some of the leading factors that would leave a positive impact on the market.Fannie Mae also predicted zero rate hikes this year. “As the Fed continues to preach patience and inflation remains well below target levels, we revised our forecast in May to reflect our expectation of zero rate hikes in 2019 and 2020,” said Doug Duncan, Chief Economist at Fannie Mae.While the ESR’s outlook on the U.S. economy, on the whole, remained roughly unchanged, it pointed out to the current U.S.-China trade tensions and elevated corporate debt acting as headwinds as the year progressed.”On the heels of a strong first quarter, we upgraded our full-year 2019 forecast of real GDP growth by one-tenth to 2.3%,” Duncan said. “Prior quarter upticks in net exports and inventories may have fueled the growth, but a deeper dive into the underlying data of each suggests weakness.”Looking at housing market trends, Freddie Mac projected mortgage rates to remain in the 4.3% range for the rest of the year and expected total home sales to surpass the 2018 levels to reach 5.98 million units this year, with most of the sales coming from existing homes.”We still expect stronger home sales and housing starts in the coming months due to favorable market conditions and accelerating wage growth,” said Sam Khater, Chief Economist, Freddie Mac.Additionally, Duncan said that while residential fixed investment may have dragged on growth for the fifth consecutive quarter, “we remain optimistic that the spring homebuying season will be a productive one.Even as the ESR group revised upward its 2019 purchase and refinance mortgage origination forecasts, Freddie Mac’s quarterly refinance forecast that was a part of its May report found that cash-out refis had remained essentially unchanged.”Our quarterly report on refinance activity shows that few U.S. homeowners are choosing to tap into their largest source of wealth despite having a record $16 trillion in home equity available to them,” Khater said. Most homeowners remain reluctant to increase their mortgage balance, whereas we continue to see balance increases on auto loans, credit cards, and student loans.”Cash-out borrowers represented 76% of all refinance loans in the first quarter of 2019 down from 82% at the end of 2018. The Changing Fortunes of Home Sales
IMAGE: Emirates Boeing 777-300ER The first two Emirates Boeing 777-300ER aircraft, fitted with the soon-to-launch First Class product, will operate from Dubai to the airline’s Belgian and Swiss destinations starting from 1 December 2017.Emirates’ new First Class cabin will feature six private suites laid out in a 1-1-1 layout, compared to the eight private suites in a 1-2-1 layout on its existing 777 fleet. In addition to the entirely redesigned First Class product, Emirates’ new Boeing 777-300ERs will also boast refreshed features in the Business and Economy Class cabins.Prior to entering commercial service, the first Emirates aircraft to feature the new private suites will be on display at the Dubai Airshow between 12 and 16 November, following a product reveal on the first day of the show.Travellers can enjoy the new product on: Flight EK083 departing Dubai at 1450hrs, arriving in Geneva at 1855hrs. The return flight EK084 leaves Geneva at 2040hrs, arriving back at Dubai International Airport at 0605hrs the following day.Flight EK183 departing Dubai at 0820hrs, arriving in Brussels at 1245hrs. The return flight EK184 leaves Brussels at 1435hrs, arriving at Emirates Terminal Three in Dubai at 0015hrs the following day. EmiratesFirst Class
hotelsresortsSix SensesSix Senses Crans-Montanaswitzerland With 47 fully furnished apartments and 17 residences in the heart of the Swiss Alps, Six Senses Crans-Montana, due to launch in 2021, will be a year-round resort, drawing in skiers in winter and golf lovers in the summer, and presents a rare opportunity for non-resident buyers to acquire residential property in Switzerland. The project’s special license allows 13 residences to be sold to foreign investors as second homes.The first resort and residential project in Switzerland for Six Senses Hotels Resorts Spas, construction of the resort began in October 2017, and is nestled in the heart of the spectacular Swiss Alps. Living Room Six Senses Crans-MontanaSix Senses Crans-Montana will feature two restaurants, a bar and a magnificent terrace with awe-inspiring views. Proving that luxury can work in harmony with sustainability, the furnishings and the elegant design meet the highest standards of excellence – even by Swiss standards – and everything is handmade. Energy-efficient systems are perfectly integrated throughout, with modern energy and water technologies playing a central role in the conception and design process. Efficient lighting and lighting control, ozone protection and renewable energies are present throughout the building.Local sales enquiries should be directed through BARNES at +41 (0) 27 485 42 02 or by email@example.com.
cruiseRegent Seven Seas CruisesSeven Seas Splendor In January 2019, Regent Seven Seas Cruises revealed details of the Regent Suite on Seven Seas Splendor, touted as ‘the largest and most elegant suite ever built on a luxury ship’.The lavish Regent Suite sets the tone for all 14 other suite categories on Seven Seas Splendor, and now Regent has revealed additional details of all guest suite categories, ahead of her debut in February 2020.“Perfecting luxury is about obsessing over large and small details,” explains Regent Seven Seas Cruises President and CEO Jason Montague. “From specially commissioned one-of-a-kind artwork to visually stimulating touches throughout the ship, each space on Seven Seas Splendor will display finely tailored designs that offer a comfortable and stylish experience for luxury travelers. With an expansive passenger-to-space ratio and an exceptionally low guest-to-crew ratio, Seven Seas Splendor will be one of the world’s most spacious, intimate and beautiful ships ever to sail the globe.”Distinctive SuitesThe Master, Grand, Splendor and Seven Seas suite categories represent the 32 Distinctive Suites on board Seven Seas Splendor. Guests in Distinctive Suites enjoy personalised butler service, guaranteed dining reservations and customised pillows and bath products, among other amenities. These suites are designed to blend comfort and luxury, focusing on impeccable details, exquisite high-contrast materials and lush jewel-toned accents. The suites are designed by Studio Dado, Tillberg Design, and Total Solution Interiors.Master SuiteThis two-bedroom oasis is styled like an elegant Park Avenue palace, replete with rich woods and highlighted by touches of aubergine. Located at the aft of the ship on decks eight and nine, allowing for unobstructed views of the horizon, the four Master Suites measure between 176 and 195 square-metres and boast an expansive living area, exquisite bar for entertaining, spacious balconies up to 92 square-metres, and two full ornate marble and stone bathrooms.Grand SuiteThe Grand Suite features striking emerald design accents perfected by rich grey, brown, and cream tones. Ranging from 118 to 170 square-metres, the Grand Suite features an expansive private balcony, two majestic baths, and living areas with rich stone mosaics, exotic woods and curated furniture based on haute couture fashion. Craftsmanship is foremost on display with bespoke detailing, and an upholstered leather wall in an intricate stitch pattern serves as the backdrop for the bedroom. With ample space, the suite features a living room with a wrapped-leather floor-to-ceiling bar — ideal for entertaining.Splendor SuiteRanging in size from 76 to 85 square-metres, the one bedroom, one-and-a-half-bathroom Splendor Suites are designed with calming hues of cream, grey and brown, and plush furniture. It features a dining table for in-room service, spacious closet, and an elegant marble and stone-detailed bath.Seven Seas SuiteSeven Seas Suite. This sanctuary offers more than 75 square-metres of exquisite space, and exudes a cosmopolitan apartment feel with a soothing colour palette complimented by plush furnishings. The suite flows effortlessly from living room to dining area to bedroom, with sliding glass doorways leading to a spacious private balcony. A magnificent marble bathroom sits adjacent to the oversized bedroom and large walk-in closet.Spacious SuitesThe Penthouse, Concierge, Superior, Deluxe Veranda and Veranda suite categories are purposefully designed to maximise ocean views that can be enjoyed from the solace of a large private balcony. Along with the heavenly comfort of Elite Slumber beds, guests enjoy spacious closets, plush bathrobes and slippers, an included mini-bar stocked daily, and many other prime amenities.Penthouse SuiteConjuring elegance from floor to ceiling and complete with personalised butler service, the 55 sapphire-inspired Penthouse Suites come in three categories that range up to 60 square-metres, with an entertainment centre that separates the living room and bedroom. Sleek sliding glass doorways in both the bedroom and living room lead to an oversized balcony with comfortable outdoor furnishings. Even the smallest of luxury details are included such as lined jewellery drawers to designated spaces for designer handbags. A perfected luxury from Seven Seas Explorer, Seven Seas Splendor’s sister ship, can be found in the closets. Penthouse Suites on Seven Seas Splendor will include larger expansive walk-in closets designed with two entries from the bathroom and living room. In addition, bathrooms have been designed for additional storage and counter space.Concierge SuitesConcierge Suites are highlighted by a soothing colour palette of creams and blushes that inspire serenity and comfort. This 43 square-metre suite aboard Seven Seas Splendor comes in two categories and is purposefully designed to maximise ocean views, with the custom-crafted Elite SlumberTM Beds facing the private balcony, allowing guests front row access to stunning ocean scenery. Skilled master craftsmen adorn headboards with the finest shagreen leather, and furniture is upholstered with the most elegant Italian fabrics. Guests who stay in a Concierge Suite or a higher category suite enjoy a free one-night pre-cruise hotel package.Superior SuiteSpacious and chic, the 43 square-metre Superior Suite is filled with light and peaceful serenity that comes with expansive ocean views. Its two categories feature a grand balcony, spacious sitting area and residential-like walk-in closet.Deluxe Veranda and Veranda SuitesThe two-category Deluxe Veranda and Veranda suites on Seven Seas Splendor are up to 33 and 28 square-metres respectively, placing them among the most spacious entry-level suites at sea. They feature a warm, island-manor feel and boast curtains that separate the bedroom, with vanity and sitting area outfitted with a plush sofa, a coffee table large enough for in-suite dining, and a large desk space.IMAGE: Seven Seas Splendor Master Suite
agentsGolden TicketincentivesViking To celebrate the launch of the 2020-2021 Ocean Cruises brochure, Viking announced that three Golden Tickets would be randomly placed in boxes of brochures, distributed nationally. Agencies who find one of the three Golden Tickets will receive an incredible 15-day Far East Discovery ocean cruise prize, when claimed before 19 July 2019.Now, two travel agencies have opened their boxes of brand new Viking 2020-2021 Ocean Cruises brochures to discover a Golden Ticket – St Ives Travel in NSW and Helloworld Redbank in Queensland – leaving only one Golden Ticket left to uncover!“Congratulations to St Ives Travel and Helloworld Redbank! Both agencies have won a 15 day Far East Discovery cruise for two, sailing from Beijing to Hong Kong – including a shore excursion to the Great Wall of China,” said Erin Kramer, Viking’s trade marketing manager ANZ.“Happy hunting agents of Australia – don’t delay, there’s still one ticket left to find!” Viking’s brand new 2020-2021 Ocean Cruises brochure is now available at TIFS and features more than 10 brand new itineraries, over 10 new extensions and a new destination when Viking returns to Turkey.Brochures have started arriving in stores, but you can also order copies from TIFS HERE.
This Arizona Cardinal has done it four times this season,each time over 80 yards and he currently leads the NFLwith 558 total yards. The player is Patrick Peterson and the name of the game ispunt returns. Peterson returned his fourth punt for a touchdown Sundayagainst the Rams, tying an NFL record for punt returns fora touchdown in a single season. Head coach Ken Whisenhunt knew Peterson was a goodreturner, but had no idea he could be this special. What an MLB source said about the D-backs’ trade haul for Greinke Nevada officials reach out to D-backs on potential relocation Top Stories Cardinals expect improving Murphy to contribute right away “I didn’t know that he was going to return four fortouchdowns,” Whisenhunt said. “It’s pretty clear that hehas those abilities to do that quickness, strength, greathands, I can say now after his fourth one I’m notsurprised I couldn’t say that at the start of the season.” Obviously by now most punters realize the danger Petersonpresents and will probably try to keep the ball away fromhim. Although that wasn’t the story Sunday, even afterPeterson warned punter Donnie Jones not to punt to him.However, Whisenhunt says sometimes keeping the ball awayis easier said than done.“I watched their punter in pre-game and he was obviouslytrying to kick it to the sideline, but it’s not an exactscience,” Whisenhunt said. “Every once in a while you’llmiss you and it’ll you go down the middle and you justhope that it doesn’t hurt you. It’s a tough deal when youhave someone back there that can return it like Patrick.” Whisenhunt believes Peterson is a legitimate threat forrookie of the year. “I don’t have a vote in it but I would certainly push forhim,” Whisenhunt said. “He’s had a huge impact with ourteam on our wins and I know we don’t have a lot of winsbut what he’s done tying a record in the NFL that’s prettyspecial.” Comments Share D-backs president Derrick Hall: Franchise ‘still focused on Arizona’
Top Stories Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Arizona Cardinals’ head coach Bruce Arians wants nothing to do with it.“I think it’s a total distraction, and I think it’s an embarrassment to players,” Arians said in an interview on SiriusXM NFL Radio. “I think when players are released, some of the things that are said between coaches and players are too personal, and nobody else’s business.”The league did offer exemptions to teams to allow them to avoid being picked. Teams with first-year head coaches, teams that have been in the postseason at least once in the last two seasons and teams that have been featured on Hard Knocks in the last decade would be exempt. Hard Knocks is a highly-popular HBO football documentary that focuses on one team during the course of their training camp, giving fans an inside look at life in the National Football League.The show recently concluded its eighth season, with the Cincinnati Bengals as the focus of the program.Earlier this week, the NFL announced they’ll be able to force teams to participate in future seasons of the program should no franchise volunteer to be featured. Derrick Hall satisfied with D-backs’ buying and selling Grace expects Greinke trade to have emotional impact Comments Share
About that depth…With Earl Watford and John Wetzel now starting at right guard and left tackle, respectively, the Cardinals’ depth along the offensive line looks a little thin. Or, if not thin, inexperienced.The key reserves would appear to be rookies Cole Toner (guard), Evan Boehm (center) and swing lineman Taylor Boggs. All have earned solid reviews and offer potential. None are anywhere near proven.Boggs has appeared in seven NFL games, all with the Chicago Bears. Boehm has appeared in all eight games for the Cardinals this season, with minimal snaps on the line. Toner has yet to appear in an NFL game.Offensive coordinator Harold Goodwin, who works with the offensive line, shared some thoughts on the next men up along the line.“Kind of another swing guy, can’t play tackle but both guards and the center,” he said of Boggs. “Smart. Boggs had a pretty good chance probably to make the team until he got hurt. I don’t think he even played in a preaseason game. But smart guy, physical. Kind of another mini-A.Q. (Shipley).”As for Toner and Boehm, either one could be in line for the first significant action of their careers any point over the next eight games. Given the Cardinals’ record and the schedule that remains, they cannot really afford the defense to slip at all in the second half of the season. However, Peterson does not see it as a situation where the defense has to carry the team.“It takes all three phases to win ballgames,” he said. “Obviously if one phase is not playing up to its capability, obviously we have to pick up the slack. But we’re not looking to put the team on our back because we still have guys over on the offensive side that are capable of putting up points.“Carson (Palmer) coming off one of his best seasons yet, not having the season that the would hope for as of right now, but we still have the utmost confidence that those guys can get the job done.”Injury updateThe official injury report can be found here, and because Thursday was coordinators day, there was not much information given regarding players’ health.One nugget, however, came from Bettcher when talking about his team’s options in the slot as safety Tyrann Mathieu is dealing with a shoulder injury.“I think the guys that are going to be in there, guys that are taking reps this week — Ty’s health continues to get better and better,” he said. “I don’t comment on the injury report and all that stuff, but however that ends up being when we come to play on Sunday we’ll have full confidence in, whether it’s Ty or one of the other guys playing nickel that they’ll be prepared to get the job done.” Top Stories “The only way we are going to get to where we really want to be, and that’s winning games each week, we’ve got to work on our consistency defensively. Sure, I think if you’re a stats guy you love it, but all we want to do is win games. That’s what’s most important to us.”A deeper dive into the stats reveals the Cardinals’ 21 sacks are tied for eighth in the league, while their nine interceptions rank tied for fourth and their 13 forced fumbles are tied for third. Their six fumble recoveries place them in a tie for ninth.So, when looking for reasons why the Cardinals are 3-4-1, it is perhaps a little unfair to point a finger at the defense. Still, the Cardinals have not shut anyone out, and there have been instances where they have struggled to slow opposing offenses.Over the bye week, Bettcher and the defense took some time to watch film and reflect on the season’s first half, looking for areas they can improve.“Some of that we’ll keep in the room that we talked about, and some of the other stuff it just comes down to being on the same page,” he said of what they discovered. “And as we’ve gotten better defensively through the course of the season — because you can see a progression, and I’m sure everybody that’s watched us play can see a progression — as we have communicated better, we have played better, and that’s something that must continue for us defensively.” Former Cardinals kicker Phil Dawson retires Follow Adam Green on Twitter “Cole, if he has to be called upon, he’s got to rise to the occasion, expectations won’t change — I’ll still be screaming and cursing,” Goodwin said. “And then Boehm, he’s been getting a little spot duty on kickoff returns, so he should be comfortable.“And the fortunate part, some of those early games that we had a huge lead, Boehm was able to get some snaps. So I don’t think when the lights come on and they hit the grass, I don’t think they’ll be shocked. I just think the speed of the game is probably a little bit faster than it is in the preseason, and the competition will be a little bit better because they’re not going against twos and threes in the fourth quarter now.”A fifth-round pick out of Harvard, Toner expressed confidence that both he and Boehm, a fourth-round choice out of Missouri, would be ready to play if asked. He is confident he would “rise to the occasion if the lights are on and I play.”That said, he understands there were and are things to learn.“The whole league is full of freaks,” he said of what his biggest adjustment has been in year one. “There’s not as many freaks, I guess, in the Ivy League. Meaning the size and speed that everyone has is much more. Everybody has secondary moves. If you stop one move, they’re going to have another move to counter that. You’ve just got to always be ready for that.” Grace expects Greinke trade to have emotional impact Bettcher added effort has not been a problem this season, as there have not been many downs where he thought the team needed to play harder.“Because our guys play passionate and they play hard, and that’s the most important thing about playing defensive football in the National Football League, you’ve got to play passionate and you’ve got to play hard,” he said. “And you’ve got to play smart, and that’s communication.”Cornerback Patrick Peterson echoed that sentiment, noting the emphasis going forward in the season’s second half is on making sure they are on the same page at all times.“And two, just make sure we’re playing with that passion and energy for 60 minutes and having fun,” he said. “Because when we do that for 60 minutes, we’re a tough defense to score on. We’re a tough team to beat when all three phases are on the same page.“So for the most part, as a defense, we have to make sure that our communication is at an all-time high, we have to make sure that we are playing with that passion and energy that we played with in those games that we won. If we can carry that over to the second half of the season for 32 quarters, because that’s what we have left in the regular season, I think we’ll be OK.” TEMPE, Ariz. — Did you know the Arizona Cardinals have the top ranked defense in the NFL?It’s true.At least, in terms of yards allowed, the Cardinals are at the top of the list, giving up an average of just 297 per game. For good measure, they are also tied for fourth in the league in points allowed, surrendering just 17.5 per outing.Good enough?“I think our guys have played some exceptional football, defensively, at times,” defensive coordinator James Bettcher said Thursday. “And I think we’ve played some defensive snaps that aren’t good enough. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Derrick Hall satisfied with D-backs’ buying and selling Arizona Cardinals defensive back D.J. Swearinger (36) celebrates his defensive stop after Seattle Seahawks running back C.J. Prosise (22) falls short of a first down during the second half of a football game, Sunday, Oct. 23, 2016, in Glendale, Ariz. (AP Photo/Rick Scuteri) Comments Share
Grace expects Greinke trade to have emotional impact nobody does it better— Sports Illustrated (@SInow) August 29, 2017Peterson wasn’t the only one underwhelmed by making the front cover as a sidenote to Brady.Cleveland Browns offensive lineman Joe Thomas made an appearance in Brady’s underarm, and the team’s Twitter account poked a little fun at him for it. 2 Comments Share Congrats on the @SInow cover, @joethomas73! pic.twitter.com/O2SoDPH665— Cleveland Browns (@Browns) August 29, 2017 P2 doesn’t have the best relationship with Sports Illustrated, it turns out. He’s been on the negative end of a cover photo before. Top Stories Sports Illustrated featured David Johnson on one version of its NFL preview edition. The Cardinals running back appears looking too powerful for the miniaturized defenders clinging to him.The same design idea goes for the East Coast edition of the magazine featuring Patriots quarterback Tom Brady. Except in this one, it’s a tiny Arizona cornerback Patrick Peterson gripping Brady’s foot, attempting to make the tackle. 😂what an honor being in Brady’s armpit https://t.co/7i4SROKcBO— Joe Thomas (@joethomas73) August 29, 2017 Derrick Hall satisfied with D-backs’ buying and selling The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo COME ON @SInow !!! Again with the tackling photo???? 😡 #NoLove pic.twitter.com/iNZobnZQV8— Patrick Peterson /P2 (@P2) August 29, 2017Sports Illustrated responded to Peterson’s complaint and went for the throat. Former Cardinals kicker Phil Dawson retires
GLENDALE, Ariz. — The Tennessee Titans have been described as a “dump truck.” Their 8-4 record had been called a mirage by some critics who pointed to their negative point differential.Their M.O. this season has been winning ugly. Turns out they can lose ugly, too.The Arizona Cardinals got four second-half field goals from Phil Dawson, contained Tennessee’s running game and generally made life hard on Marcus Mariota in a less-than-beautiful 12-7 win Sunday at University of Phoenix Stadium. Earlier in the season, a missed field goal might send Arizona into a tailspin. That didn’t happen Sunday. The Cardinals forced a three-and-out and then drove down the field for another Dawson make — this one from 32 yards to make it 9-7 Arizona.On Tennessee’s next drive, linebacker Josh Bynes read Mariota’s eyes and picked off a first-down pass, returning it to the Tennessee 15-yard line. A late hit penalty gave Arizona a first down at the Titans’ 7-yard line. They didn’t punch it into the end zone, but Dawson hit from 35 yards to make it 12-7The defense would do the rest.The Titans managed just four yards in their last three possessions.“I couldn’t be prouder of the character of the men in that locker room,” Arians said. “We’ve never lost two in a row at home in five years, and very seldom have we lost two in a row (overall) because of the character that’s in that room.”Character isn’t quantifiable. But shutting down an opponent is.“It feels really good,” outside linebacker Chandler Jones said. “Our defense really stepped it up, buying into what the coaches are preaching and guys were just making plays.” Jones sacked Mariota once and had him in his grasp on several other occasions.“I think I have to work on that,” he said. “Once I get free, I have to break down and lower my center of gravity.”The sack he did get was his 14th of the season, a new career-high for one of the league’s best pass rushers.Olsen Pierre and Haason Reddick each registered sacks. Tramon Williams had an interception and three passes defensed. It was a total team effort.“I think we’ve been doing that the last several weeks on defense, and a lot of times this season,” Bynes said. “The season hasn’t gone the way we wanted, but definitely defensively we’ve held the last three or four opponents under 100 yards (rushing) and that’s always a plus.” – / 20 “I know what everybody’s going to say, that this was an ugly win,” Cardinals head coach Bruce Arians announced at the top of his postgame press conference. “There’s no such thing.”He’s right. The ugly ones count just the same in the standings as the flawless ones — and the Cardinals have racked up their fair share of ducklings this year. They had to go overtime to beat both Indianapolis and San Francisco. They held on for dear life to grab a win over a hard-charging Tampa Bay team.But Sunday’s was a little different in that the Cardinals beat the Titans at their own game. It was Mike Mularkey’s team that was supposed to come to Glendale and grind out a win, but they had the tables turned on them.Tennessee (8-5) grabbed a lead in the second quarter. After a short punt from Arizona’s Andy Lee gave the Titans a short field, they cashed in. Derrick Henry capped a 50-yard drive with a 6-yard touchdown run midway through the period.That would be the last time the scoreboard would change on the Titans’ side.Dawson connected from 47 and 23 yards in the third quarter to pull the Cardinals to within a point. Dawson would then miss a 40-yard attempt early in the fourth that would have given the Cardinals their first lead. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Arizona Cardinals inside linebacker Haason Reddick, left, brings down Tennessee Titans quarterback Marcus Mariota (8) during the second half of an NFL football game Sunday, Dec. 10, 2017, in Glendale, Ariz. The Cardinals defeated the Titans 12-7. (AP Photo/Ralph Freso) Top Stories Former Cardinals kicker Phil Dawson retires 8 Comments Share Derrick Hall satisfied with D-backs’ buying and selling Grace expects Greinke trade to have emotional impact
Go back to the e-newsletterSilversea Expeditions has announced that the internationally recognised scientist, conservationist and educator Dr Biruté Mary Galdikas will join Silver Discoverer‘s 18 October 2016 expedition cruise as a guest lecturer. Famous for her studies and work with the orangutans of Indonesian Borneo in their natural habitat, she is considered the world’s foremost authority on the orangutan.This unique 11-day voyage sailing from Balikpapan to Singapore, will explore the exotic islands of Indonesia, spending more than two full days in the port of Kumai, gateway to Tanjung Puting National Park and legendary Camp Leakey. Operated by Dr Galdikas’ non-profit Orangutan Foundation International (OFI), Camp Leakey is the site of the primatologist’s pioneering research in the wild.During an enriching onboard presentation, Dr Galdikas will share insights from her 45 years devoted to the study, care and preservation of endangered orangutans. Additionally, she will lead a private tour to Camp Leakey, where guests can experience close-up encounters with these amazing animals. Along the way, guests will be immersed in magnificent tropical scenery where they may spot proboscis monkeys, gibbons and macaques, as well as birds from more than 200 species.In the company of Dr Galdikas, Silversea guests will also be granted rare access to the OFI’s Orangutan Care Centre and Quarantine facility located in the village of Pasir Panjang. The rehabilitation centre is home to numerous orphaned, sick or injured orangutans. Normally closed to the public, it has occasionally opened its doors to a select group of visitors, including former US President Bill Clinton.Mark Conroy, Silversea’s Managing Director for the Americas, said: “We’re extremely honoured to have Dr Galdikas join this special cruise to talk about her work in Borneo and personally guide our guests on their visit to her world-famous Camp Leakey and Orangutan Care Center. This is an exceptional opportunity for nature lovers and conservation-minded travellers to discover the remarkable islands of Indonesia and help support efforts to protect the region’s endangered wildlife.”Throughout her life, Dr Galdikas has fought tirelessly for orangutan conservation. After meeting with Kenyan anthropologist Dr Louis Leakey in 1969, she expressed her desire to study the orangutan in the wild. It took three years for Dr Leakey to secure the funding and support for Dr Galdikas to begin her research. To honour her mentor, she named her first camp after him. Among her many awards, Dr Galdikas is the only non-Indonesian born person to have been given the prestigious Kalpataru award, the highest honour given by Indonesia for outstanding environmental leadership.For each guest on this unique voyage of Silver Discoverer, Silversea Expeditions will donate $100 to the non-profit Orangutan Foundation International, a 501(c) (3) charity.Go back to the e-newsletter
Peppers CraigieburnGo back to the e-newsletterPeppers’ range of coastal, scenic and urban escapes are all on sale for one week only, from 21 to 28 August, offering reduced room rates and a range of extra special inclusions at 27 destinations across Australia, New Zealand and Bali.From country estates and relaxing beachside resorts to chic city hotels and world-class golf resorts, Peppers offers a range of experiences in the most spectacular destinations.QueenslandPalm CoveEscape to the beaches of Palm Cove and experience tropical indulgence at Peppers Beach Club & Spa. Stay in a Resort Spa Room from $279* per night (minimum two night stay – total cost $558*) and enjoy daily breakfast, 10 per cent off food and beverage and an additional 30 minutes of bliss with any 60-minute spa treatment. Valid for travel until 8 January 2017.Gold CoastRelax at Peppers Soul, Surfers Paradise with One Bedroom Ocean View Apartments from $269* per night (minimum two night stay – total cost $538*). Plus, guests will also be treated to a complimentary bottle of wine with dinner and two for one breakfast. Valid for travel until 31 March 2017.New South WalesKingscliffSwitch off in style at Peppers Salt Resort & Spa. Stay in a Hotel Room from $149* per night (minimum two-night stay – total cost $298*) and guests will also receive buffet breakfast for two (plus kids eat free), 25 per cent off at Season restaurant (to the value of $40), a bottle of wine on arrival and bike hire for two. Valid for travel until 31 March 2017.BowralFor a country escape, experience Peppers Craigieburn in the Southern Highlands of New South Wales. Elms Wing Rooms start from $139* per night, including a cheese platter at Centennial Winery, breakfast for kids and golf equipment hire. Valid for travel until 31 March 2017.Australian Capital TerritoryCanberraMake the most of all this cultural city has to offer from $199* per night in a Deluxe Room at Peppers Gallery Hotel. Be treated to 20 per cent off dining at Bicicletta Restaurant, two-for-one cocktails and two-for-one breakfast. Valid for travel until 1 December 2016.VictoriaMelbourneExperience a Melbourne urban excursion with a base at Peppers Docklands. Guests can enjoy a Hotel Room with Balcony from $179* per night, 20 per cent off dinner at Momami, bottle of wine on arrival and a 12pm checkout. Valid for travel until 31 March 2017.TasmaniaCradle MountainEmbrace Tasmanian wilderness in style at Peppers Cradle Mountain Lodge from $179* per night in a Pencil Pine Cabin (minimum two-night stay – total cost $358*) with buffet breakfast, a bottle of Tasmanian wine and wildlife night-spotting tour. Valid for travel until 16 December 2016.South AustraliaAdelaideTaste your way around Adelaide, the wine and festival capital of Australia, with Guest Rooms from $159* per night at Peppers Waymouth Hotel. Enjoy a welcome drink, 20 per cent off dinner at Essay Restaurant and a leisurely 12pm checkout. Valid for travel until 31 March 2017.Western AustraliaPerthOpening in October, Peppers Kings Square Hotel will add a touch of elegance to Perth city. Book a Peppers King Room from $159* per night and receive a range of extras such as full breakfast daily, a welcome drink, 12pm late checkout and 500MB Wi-Fi daily. Valid for travel until 31 March 2017.New ZealandChristchurchEmbark on a classic New Zealand outdoor escape with Peppers Clearwater Resort from $179* per night in a Quay Room and guests will also enjoy 25 per cent off dinner at Lakes Restaurant and complimentary Wi-Fi. Valid for travel until 30 September 2017.BaliSeminyakEscape to tropical Balinese paradise with a stay at Peppers Seminyak. Relax in a Two Bedroom Villa from US$117* per person per night (minimum spend of US$468* per night for four people) and receive a complimentary welcome drink, fruit basket, breakfast, lunch and mojito daily. Valid for travel until 31 March 2017.The Peppers Extra Special Sale commenced on Sunday 21 August and ends midnight Sunday 28 August (AEST).Go back to the e-newsletterPeppers Clearwater Resort