Jam Cruise 17 will take place from January 15th to 21st in 2019, returning to the Norwegian Jade for stops in Belize City, Belize, and Cozumel and Progreso, Mexico. This year, the beloved multi-day music cruise made serious waves in the jam community with its announcement that it would be expanding to six days and three port stops. With anticipation at an all-time high, today, Jam Cruise has announced its special sets for the upcoming 2019 edition.For Jam Cruise’s renowned Jam Room, the late-night all-star improvisational sessions, the 2019 hosts will be long-standing Jam Room staple and Meter bassist George Porter Jr., New Orleans trombonist and bandleader Big Sam, Motet drummer and bandleader Dave Watts, Los Angeles soul singer Kelly Finnigan, TAUK drummer Isaac Teel, and Karl Denson’s Tiny Universe trumpeter Chris Littlefield.In the atrium, Ivan Neville, Melvin Seals, Zach Gill, Rob Marscher, and Chris Spies will all host intimate, stripped-down sets. As for the Jazz Lounge, special performances will be hosted by Alan Evan, Erica Falls, and Erik Deutsch. Notably, Jam Cruise will also be introducing a new lounge this year dubbed the “Pickin’ Lounge,” where bluegrass-oriented jam sessions will be hosted by Leftover Salmon‘s Vince Herman and Fruition‘s Mimi Naja.Finally, Jam Cruise also announced a number of other special sets scheduled for across the six-day cruise. These sets include a tribute to The Band and all-star reggae collective and side project Natural Selectah featuring Congo Sanchez in addition to performances by Daniel Rodriguez (solo), Lyle Divinsky (solo), Thorn-Stickley Duo, and The Whole Other.These special sets augment Jam Cruise 17’s artist lineup, which is headed by Umphrey’s McGee, Galactic, Karl Denson’s Tiny Universe, Kamasi Washington, Khruangbin, and Hot Tuna Electric with Steve Kimock. Jam Cruise will also see performances by Leftover Salmon, The Motet, ALO, Turkuaz, Spafford, Fruition, TAUK, Sister Sparrow & The Dirty Birds, Melvin Seals & JGB, Andy Frasco & The U.N., The Nth Power, SunSquabi, The Porter Trio, Matador! Soul Sounds, Toubab Krewe, Jennifer Hartswick & Nick Cassarino, Monophonics, Southern Avenue, Jon Stickley Trio, Magicgravy, Star Kitchen, The Sweet Lillies, Nathan Moore, Everyone Orchestra, DJ Soul Sister, and Subset in 2019.Given the event’s focus on jams, the cruise will be hosting a number of special all-star supergroups, including Dragon Smoke, a band featuring Ivan Neville, Robert Mercurio, Eric Lindell, and Stanton Moore, as well as The Cleaners, a group featuring Eric Krasno, Duane Trucks, Marcus King, Kevin Scott, and Deshawn Alexander. Special guests, who will be offering their talents in the form of frequent sit-ins and hosting special jam sessions, include Skerik, Big Sam, Roosevelt Collier, Daniel Rodriguez, Leslie Mendelson, and Brandon “Taz” Niederauer.For more information, head to JamCruise.com.
14SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The future of mortgages holds tremendous promise. However, today’s industry vision for how to leverage emerging mortgage technology is far too fixated on cost reduction instead of creating of customer value. Instead of figuring out how to automate old processes, what if we focused on solving practical customer problems like being able to apply for and close a mortgage in a handful of days, rather than weeks or months? What if the concept of applying for credit was old news, because members are always approved? What if credit monitoring and optimization was part of that ongoing relationship?Mortgages close, on average, six times slower than the regulatory environment requires. It’s time to modernize the 40-plus-day home loan process. Will the industry continue to duct tape efficiency-oriented point-of-sale technology on top of brick-and-mortar-oriented operations, or will we stop dragging our feet and pursue with determination more visionary ideas?Fintech companies are all the rage; they’ve inspired a sense of hope for real innovation, despite the molasses-paced change we’ve seen in financial services compared to other industries. But prior to this external “giddy-up” from fintechs, financial institutions had not gone far down the path of imagining better business models, creating new customer value or even significantly speeding up lending processes. continue reading »
continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Last week Jennifer blogged about the timing requirements for periodic statements. Today, I want to look at periodic statements for mortgage loans and what to do when a potential successor in interest reaches out to the credit union after the sole borrower’s untimely death, hopefully after a long and prosperous life and not like a Lannister soldier encountering a dragon.Periodic Statement Exemptions. Section 1026.41(e) of Regulation Z contains a few exemptions from the general rule that periodic statements must be sent for each billing cycle of a closed-end consumer credit transaction secured by a dwelling. The periodic statement rules do not apply to reverse mortgages, timeshare plans, certain fixed-rate loans that use coupon books, and small servicers. See, 12 CFR § 1026.41(e)(1)-(4). There is also an exemption for certain borrowers in bankruptcy if any borrower is either in an active bankruptcy or a borrower’s personal liability on a loan has been discharged and one of the following also happens:The borrower requests in writing that the credit union stop sending periodic statements;The borrower’s bankruptcy plan calls for the surrender of the borrower’s home, avoids the credit union’s mortgage lien or fails to provide for the payment of the pre-bankruptcy arrearage or payments on the loan going forward;
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Dutch asset manager NN Investment Partners and its subsidiary AZL can now begin operating their general pension fund (APF) after the regulator (DNB) handed out its fourth license.The new vehicle can accommodate all types of pension arrangements, including directly insured plans, in four different ring-fenced, multi-client compartments, as well as spheres for individual schemes.According to Arnout Korteweg, executive board member, the APF is speaking with “dozens” of pension funds that have shown an interest in joining.He added that the new vehicle – named De Nationale APF – expected to win its first contracts by the end of this year. On its website, it said the group compartments would be based on the funding level of participating schemes.It will aim for an initial coverage ratio of the “lowest” group, enabling it to grant an indexation of 50%.It said the highest-funded ring should expect full inflation compensation.NN IP is to carry out fiduciary management in the new APF, while AZL will act as pensions administrator.Korteweg said NN IP would charge participating pension funds 0.06% for its services and that external asset managers would directly settle their costs through returns.He added that the cost of pensions provision would be €115 per active participant and include the costs of the APF’s pensions bureau.The APF said it planned to apply an asset allocation split across a 50% return portfolio and similarly sized matching holdings for the lowest-funded compartment and use a 55%/45% ratio for best-funded group.The Dutch regulator has already granted APF licenses to insurer Aegon and its subsidiary TKP Pensioen, Achmea subsidiary Centraal Beheer and insurer ASR.Asset manager PGGM, insurer Delta Lloyd and company Unilever are still awaiting approval.Unilever has said it wants to place its own pension funds only, Progress and Forward, into its APF.
Sunman, In. — Due to the current weather forecast, the Sunman Fall Festival has been canceled for this year. Sunman Area Chamber of Commerce president Natasha Bischoff says, The fireworks are an important part of the festival and they want to be sure the entire festival is available to the public.”The raffle drawing will now be held during the annual chamber dinner on Friday, November 9. Tickets are available for sale up until the event. For more information please call 812-623-4553.
Gabon striker Pierre-Emerick Aubameyang struck twice to inspire the Panthers to a 4-3 win over Mali in a thrilling friendly international on Wednesday night in the northern French city of Beauvais.The Malians were first off the blocks after SC Bastia defender Drissa Diakite struck in the sixth minute of play. Wydad Casablanca striker Malick Evouna leveled proceedings in the 36th minute, ensuring both sides entered the break with a goal apiece.Udinese defender Molla Wague, who scored for his club at the weekend, restored Mali’s lead in the 57th minute, but a quick-fire brace from Aubameyang turned the tables in Gabon’s favour.AFCON star Bakary Sako looked to have done enough for a share of the spoils when he pulled Mali level eight minutes from time, but Bordeaux defender Bruno Ecuele Manga snatched the win in the final moments.The Panthers will now face Belarus on March 30, while Mali hope for better fortunes against Ghana on March 31 in Paris.Bafana 3-1 Swaziland South Africa bounced back from their disappointing Africa Cup of Nations campaign with a 1-3 victory over Swaziland in an international friendly in Mbabane.Critically the game marked the return of former Bafana Bafana number one goalkeeper Itumeleng Khune for the first time since injury cost him his place over a year ago.Five players, including goal scorer Thabo Mnyamane made their Bafana bow. Others were Siphelele Ntshangase, Thapelo Morena, Daniel Cardoso and Cole Alexander.It was business as usual for the South Africans as the win maintained their dominance over their neighbours, stretching the head-to-head record to five straight wins.South Africa will now turn their attention to Nigeria (after the Eagles lost on Wednesday) who they host on Sunday at the Mbombela Stadium in Nelspruit. OTHER RESULTSNigeria 0-1 UgandaSwaziland 1-3 South AfricaBotswana 2-0 LesothoIndonesia 0-1 Cameroon –