Forecasters Revise Expectations on Disappointing May Production

first_img FBR Capital Markets Investment Market Share Mortgage-Backed Securities 2014-06-09 Tory Barringer in Daily Dose, Headlines, News, Origination A disappointing performance in May has mortgage market commentators once again bringing down their origination forecasts for the year.In a letter to clients, analysts at investment banking services firm FBR Capital Markets said they are lowering their 2014 origination outlook to $989 billion from an earlier forecast of nearly $1.1 trillion.The company says the change reflects “a weaker May environment than previously forecast,” pointing to securities issuance volume of $68 billion as reported by Inside Mortgage Finance—nearly flat from April.”After an April where volumes had increased for the first time in a year, we had grown modestly more optimistic,” the firm said in an industry update. “Now, we believe May results could prove to be a leading indicator of what is shaping up to be the weakest overall origination year in recent memory.”At the same time, FBR remains optimistic for 2015, projecting origination volumes of $1.35 trillion.Meanwhile, the ongoing weakness in production has caused a shakeup at the top, leaving more room for smaller players as the top four banks took up only a quarter of the market. With the larger bank-based originators putting their focus on providing loans to core customers and abandoning other channels, FBR says mid-sized lenders are poised to gain ground.At the other hand, with lower volume making it more difficult to turn a profit, the smallest mortgage banks have greater incentive to sell to larger platforms.Given the current trends, FBR says companies with scalable platforms are the best positioned right now.”We believe companies that have sizeable mortgage market exposure and scalable origination and servicing platforms remain well positioned as they gain market share or should origination activity increase,” the firm said. “With significant negative investor sentiment having driven down earnings expectations for those companies with meaningful exposure to originations, we believe most of the bad news is already in existing stock valuations.” June 9, 2014 472 Views center_img Forecasters Revise Expectations on Disappointing May Production Sharelast_img read more

Carringtons Wholesale Division Eliminates Underwriting Fee

first_img Share To assist brokers in providing loans to credit-challenged borrowers, Carrington Mortgage Services announced the elimination of its underwriting fee in its wholesale division.Effective immediately, brokers working with the company will be able to provide a more direct path to disclose and fund loans in a compliant manner without having to deal with the added cost of an underwriting fee.The California-based company said dropping the underwriting fee is aligns with its focus on accelerating and enhancing its ability to “give the underserved market the attention it deserves.””In an increasingly competitive lending environment, organizations like Carrington are standing out and succeeding by being in a position to offer additional easy to use and efficient services to the broker community, along with a predictable level of service,” said Ray Brousseau, EVP of Carrington Mortgage Services’ Mortgage Lending Division.He continued, “Eliminating the underwriting fee simplifies the process for mortgage brokers, providing more of an opportunity to focus on meeting the needs of consumers, while delivering on Carrington’s service proposition.” Carrington Company News 2014-10-09 Tory Barringer Carrington’s Wholesale Division Eliminates Underwriting Feecenter_img in News, Origination October 9, 2014 495 Views last_img read more

Economic Growth for Second Half of Year Expected to Improve

first_imgEconomic Growth for Second Half of Year Expected to Improve Despite recent market volatility, economic growth in the second half of the year is expected to improve, Fannie Mae says.The Economic and Strategic Research (ESR) Group found that consumer spending and other solid domestic fundamentals are forecasted to be key drivers of the rest of the year economic growth.“Our forecast for the year is largely unchanged despite recent market volatility. Fundamentals are positive, suggesting potential for some improvement in the fourth quarter,” said Doug Duncan, Fannie Mae’s chief economist.Various data reports over the last month reveal positive economic activity despite stock market volatility, Fannie Mae explained.According to the research and the Bureau of Labor Statistics job report, consumer spending rose in July and August, while full-time employment exceeded its pre-recession peak.“On balance, growth in the second half of the year is expected to come in higher, albeit modestly, than the first half,” the report said.Housing market strength was also highly unbothered by the volatile stock market, performing strong in a number of areas.“Continued strong performance of year-to-date home sales and modestly weakening leading indicators confirms that our prior forecast of existing home sales this year remains valid. However, lower actual and projected cash sales led us to revise slightly higher purchase mortgage originations,” Duncan noted.However, sub-par single-family construction was a little disappointing, causing Fannie Mae to lower their projected single-family starts projection for 2016.The research group expects that total mortgage originations will increase by about 25 percent for all of 2015, total production volume to fall about 18 percent, and the refinance share to decline about 15 percentage points.“Overall, we anticipate economic growth of 2.4 percent for 2015, up slightly from 2.1 percent in the prior forecast,” Duncan said. “Consumer and government spending as well as nonresidential and residential investment are expected to contribute to growth while net exports and inventory investment will likely pose headwinds.”Click here to view Fannie Mae’s full report. September 16, 2015 444 Views Sharecenter_img Board of Governors of the Federal Reserve System Economic and Strategic Research Fannie Mae 2015-09-16 Staff Writer in Daily Dose, Data, Headlines, Market Studies, Newslast_img read more

Mortgage Originations Spiked by Positive National Credit Data

first_img Mortgage originations in the housing market rose significantly over the last year thanks to the positive overall credit picture in the U.S., along with a rise in the national VantageScore credit score.New data from Experian’s State of Credit study showed that mortgage originations increased by 42.5 percent over the last year. The national VantageScore rose three points from 666 to 669 over the past year and is up by five point since 2013.“If I were to give a grade to the overall picture of credit in the United States, I would give it an A minus,” said Michele Raneri, VP of analytics and new business development, Experian. “I’m optimistic about the state of credit as we are seeing more loans being extended, late payments are decreasing and consumers are continuing to gain more confidence in originating loans.”According to the Experian data, the state of Minnesota has the highest average credit score, with three of its cities (Mankato, Rochester, and Minneapolis) occupying the top three spots with average scores of 706, 705, and 704, respectively.The Experian report found that the top 10 cities with the highest credit scores experienced a 1.8-point increase in their scores.On the other end of the spectrum, Greenwood, Mississippi has the lowest average credit score at 612, followed by Albany, Georgia and Riverside, California with average scores of 622 and 624, respectively.“There definitely is growth and momentum—we’re back to pre-recession levels in nearly every category, which means lenders are in a prime position to capitalize on this market and foster business growth,” Raneri noted.Earlier this month, purchase mortgage originations rose significantly in 2015, driven by high-credit borrowers, according to Black Knight Financial Services’ latest Mortgage Monitor Report.The data showed that purchase loans increased 11 percent year-over-year in the third quarter, while purchase originations were 15 percent higher in the second quarter of 2015 compared to the prior year. In addition, in June 2015, purchase lending reached its highest point since June 2007.“The increase in purchase originations is being driven entirely by high-credit borrowers,” the report stated.Meanwhile, only 20 percent of purchase loans in the past three months have gone to borrowers with a <700 credit score, the lowest level in over 10 years.Click here to view Experian's complete report. Share Mortgage Originations Spiked by Positive National Credit Data November 18, 2015 565 Views center_img in Daily Dose, Data, Headlines, Market Studies, News, Origination Credit Score Experian mortgage originations 2015-11-18 Staff Writerlast_img read more

Demand for Housing is Starting to Come Back to Earth

first_img August 30, 2016 651 Views By most accounts, in the last year, housing demand has been substantially outpacing supply. According to Redfin’s Housing Demand Index for July, however, the ongoing supply shortage is starting to have an adverse effect on demand.Redfin’s Demand Index for July 2016, based on thousands of customers requesting home tours and writing offers, increased over-the-month by nearly 6 percent in July up to a reading of 94 (with 100 being average)—driven by the number of customers requesting home tours, which jumped by more than 14 percent over-the-month and nearly 16 percent over-the-year.The Demand Index was down by 14 percent over-the-year in July, however. Inventory dropped by 7.7 percent over-the-year in July across the 15 markets tracked by the Redfin Housing Demand Index, marking the 14th straight month of over-the-year declines in supply. The ongoing shortage in the number of homes for sale continues to cinch homebuyer demand, according to Redfin.One notable factor when comparing July 2016 with July 2015 is the fact that there were more weekend days and fewer business days in July 2016 compared to last year, meaning there was more weekend time for customers to tour homes.“Buyers continue to be persistent when it comes to giving homes a shot, checking out what’s coming on the market despite new inventory being few and far between,” said Redfin chief economist Nela Richardson. “But strong tour growth isn’t translating into offer growth, so we’ll likely see a second lackluster month for sales in August.”Demand was down over-the-year in 11 of the 15 metro areas covered in the Index, with the largest decline occurring in Oakland (57.6 percent). Interestingly enough, the largest annual increase in demand occurred just a few miles away from Oakland in San Francisco (54.8 percent). The largest monthly decline in demand occurred in Boston (30 percent) while the largest over-the-month increase in demand occurred in San Diego (30.1 percent). Housing Demand Housing Supply 2016-08-30 Seth Welborn Demand for Housing is Starting to Come Back to Earthcenter_img in Daily Dose, Data, Featured, News Sharelast_img read more

Forever Homes Not Forever Anymore

first_img “Forever Homes” are a thing of the past according to a recent survey by Wakefield Research. On behalf of Taylor Morrison, a national homebuilder and developer based out of Scottsdale, Arizona, Wakefield Research reviewed 1,000 adults who have either purchased a home in the last three years or are planning to in the next three. They found that 56 percent of overall homebuyers and 58 percent of millennial homebuyers expect to move again due to changes in lifestyleDue to the amount of planning and stress that goes into new home construction, the perception may be that the buyer would stay in their home for a long period of time. Though millennial homebuyers do prefer new construction, they only intend to stay in their prospective homes for less than 10 years. With less tenure in the home, it is more important for the floor plan to fit their current lifestyle than to adapt to one that is not ideal. Twenty-six percent of buyers say that this is not just a focus, but the focus when house hunting.“Understanding the lens in which homeowners and homebuyers are seeing the market is integral to our strategy,” said Sheryl Palmer, Taylor Morrison President and CEO. “In the last decade so much about the housing industry has changed—from locations where people want to live, to the types of homes people want to buy.”Of those surveyed, owning a home that is specific to their lifestyle is attractive enough to take on low double-digit interest rates before getting deterred by the home buying process. Millennials, in particular, saying they would take on even higher interest rates.”While we are unlikely to see double-digit interest rates in the foreseeable future, consumers’ tolerance for higher potential rates signal a real commitment among prospective buyers to make their home purchase a reality,” said Tawn Kelley, Taylor Morrison Home Funding EVP and President of mortgage operations. “Customers appreciate that we may be heading into a rising interest rate environment and are not deterred by the potential for further rate volatility going forward.” May 17, 2017 706 Views “Forever Homes” Not Forever Anymore homes Moving 2017-05-17 Seth Welborncenter_img in Daily Dose, Featured, News, Origination Sharelast_img read more

Otting Poised to Tackle DoddFrank as Comptroller

first_imgThe United States Senate today confirmed Joseph Otting as Comptroller of the Currency, a role that will task him with oversight and regulation of federally chartered banks such as Bank of America, JPMorgan Chase, and Wells Fargo. President Trump nominated Otting on June 5, 2017. The vote broke down nearly along party lines, with the final tally sitting at 54-43.Following this confirmation vote, President Trump will now have to officially appoint Otting as a confirmed nominee, after which Otting can be sworn in. That is expected to happen within a few days, per Reuters.Otting has been a key ally of Treasury Secretary Mnuchin, previously serving as chief executive of Pasadena’s OneWest Bank, which Mnuchin founded in March 2009. Prior to that, Otting spent more than 30 years as banker, including time working for Union Bank and U.S. Bank. As Comptroller, Otting will be charged with writing overseeing new banking regulations and generally monitoring and maintaining the health of the American banking system. He is expected to assist in the administration’s attempts to roll back Dodd-Frank and to continue the review of the Volcker rule—which restricts U.S. banks from certain speculative investments—initiated by Noreika during his interim term.With the confirmation, Keith Noreika, interim Comptroller, submitted his resignation letter to Treasury Secretary Mnuchin. Noreika became acting Comptroller in May 2017, following the resignation of former Comptroller Thomas Curry.Noreika’s announcement marks the second high-profile government resignation for this week. Yesterday, Richard Cordray, the Obama-appointed director of the Consumer Financial Protection Bureau (CFPB), announced his resignation. He plans to step down before the end of the month.In his resignation letter, Noreika said:Thank you again for giving me the opportunity to serve. I remain a strong supporter of the Office of the Comptroller of the Currency, which I was proud to lead. as well as thisAdministration and its goals, in which I was fortunate to serve. November 16, 2017 548 Views Comptroller of the Currency joseph otting keith noreika 2017-11-16 David Wharton Otting Poised to Tackle Dodd-Frank as Comptrollercenter_img Share in Daily Dose, Featured, Government, Headlines, journal, Newslast_img read more

AccorMantra Group

first_imgAccorMantra Group France’s Accor SA is currently conducting due diligence after its takeover bid of AUD$1.2 billion for Mantra Group Ltd. Mantra said it was allowing Accor to conduct due diligence “to determine if a transaction can be agreed and recommended unanimously by the Mantra board.” The deal can only proceed if it is agreed, unanimously, by both the Mantra and Accor boards, and is cleared bythe Foreign Investment Review Board and Australia’s competition watchdog (ACCC). A successful deal would result in the amalgamation of Australia’s two largest hotel chains, with ownership of over 300 hotels and about 50,000 rooms across AccorHotels and Mantra’s three brands – Mantra, Peppers and BreakFree.IMAGE: Mantra on Salt Beachlast_img read more

CIE Toursearlybirdsincentive BritainIreland

first_imgCIE Toursearlybirdsincentive BritainIreland CIE Tours is offering a December incentive and special with benefits for agents and clients.Agents who book and deposit any escorted 2018 CIE tour between 1 December 2017 and 31 December 2017 will receive a AUD$100 per booking gift card*. Use the promo code: DECEMBERAGENT100A when booking.Clients can receive an 8% Early Booking Discount when booked and deposited between 1 December 2017 and 31 December 2017*, for travel 1 January 2018 to 31 December 2018. Use the promo code: DECEMBERAGENT100A when booking.* Not valid without offer code.Terms & Conditions applyOrder 2018 Brochures from Brochure Flow HERE IMAGE:Edinburgh Castle/visitscotland.comlast_img read more

SeaLink Travel Group has announced a number of new

first_imgSeaLink Travel Group has announced a number of new leadership appointments as part of its new ‘One SeaLink‘ strategic plan.“We are implementing an exciting new organisational structure that will provide the company with an enhanced focus on sales and marketing, customer service, product development and new business opportunities across all of our seven business units,” said Chief Executive Officer and Managing Director of SeaLink, Jeff Ellison. Donna Gauci, previously General Manager, SeaLink South Australia, has been appointed General Manager Brand and Customer Experience to drive SeaLink’s national brand and marketing strategy, including business plan development, advertising, publicity, direct consumer and online sales, new product design, research and service delivery. Richard DoyleRichard Doyle, previously Head of International Sales & Marketing, Captain Cook Cruises & SeaLink, has been appointed General Manager Global Sales and Distribution and will take on a greater national and international sales focus, working closely with major trade distribution partners.Paul VictoryPaul Victory, previously General Manager SeaLink Queensland and Northern Territory, has been appointed General Manager Business Growth and Innovation. Mr Victory will work closely with SeaLink’s regional General Managers around the country to identify new business growth opportunities whilst also focusing on key government and indigenous partnerships.Gauci, Doyle and Victory formpart of the team working under SeaLink’s newly-appointed Chief Operating Officer, Anthony Hayes. appointmentsSeaLinklast_img read more

Celebrity Cruises has named talented agents Erin L

first_imgCelebrity Cruises has named talented agents Erin Lutwyche (Infinity Cruise), and Karen Wasserfuhr (Ucango Travel and Cruise Centre), as winners of the Celebrity Edge Agent Incentive.Karen Wasserfuhr with Peter McCormack (Director of Field Sales Celebrity Cruises)Lutwyche and Wasserfuhr will be two of the first Australian travel agents to experience the revolutionary Celebrity Edge when she sets sail from Fort Lauderdale in November 2018. They will both enjoy return economy flights as well as a night’s accommodation before the spectacular inaugural.“I worked really hard to enter every booking and this is a dream come true. I can’t wait,” Lutwyche said.An equally thrilled Wasserfuhr was “…surprised and delighted to have won [an] incredible opportunity to experience the new Celebrity Edge.”In June 2018 Australian and New Zealand travel agents were given the chance to enter the exciting competition through every new booking made on Celebrity Cruises sailings departing before 30 April 2019.TOP IMAGE: L-R: Phil Ambrose (Infinity Team Leader), Mark Rheinbay (Strategic Account Manager Celebrity Cruises), Erin Lutwyche (Infinity Team winner), Tammy Marquet (Cruise Specialist Area Leader – Infinity Cruise) agentsCelebrity CruisesCelebrity Edgeincentiveslast_img read more

We are proud to align ourselves with a brand as h

first_img“We are proud to align ourselves with a brand as historic and well respected as National Geographic,” said Lisa Bolton, General Manager Product, Scenic Luxury Cruises and Tours. “We believe Scenic’s commitment to providing guests with an exceptional five-star, all-inclusive river cruise experience is a perfect complement to the enriching and authentic experiences for which National Geographic is known.” The partnership between Scenic and National Geographic will offer numerous itineraries through Europe: on the Rhine, Danube, Main and Moselle Rivers; in Holland and Belgium; through France’s Bordeaux region and Portugal’s Douro Valley—as well as on the Irrawaddy River in Myanmar.“Our trips are designed to celebrate remarkable destinations, to foster genuine interactions with local cultures, and to promote a deeper understanding of the natural world,” said Tim Jones, General Manager Australia and New Zealand, National Geographic. “Bringing river cruises into our portfolio allows travellers to discover spectacular parts of the world in a unique way. We are pleased to partner with Scenic, as they share our commitment to delivering outstanding experiences to guests.“Each river cruise offers guests National Geographic’s unique access, knowledge and the ability to give back. From these river cruises, a portion of the profits will be donated to the National Geographic Society, which supports researchers and experts engaged in protecting and preserving the planet and its various species and populations.”Drawing on the National Geographic Society’s 130 years of exploration and storytelling, National Geographic Expeditions offers a wide range of unique travel experiences, including small ship voyages, private jet expeditions, small group tours, private tours, a collection of luxury sustainable lodges, and more. Trips are organised in over 80 countries on all seven continents, from the tropical atolls of French Polynesia to the peaks of Nepal and the ice world of the Arctic. National GeographicRiver CruisesScemic National Geographic and Scenic Luxury Cruises & Tours have teamed up to launch a new line of National Geographic River Cruises – itineraries that combine Scenic’s all-inclusive luxury river cruise experience with National Geographic’s legacy of science, conservation and exploration, along the waterways of Europe and South East Asia.Aboard each Scenic river cruise expedition a National Geographic Expert will join guests to share their knowledge and insights, and enrich the experience through fascinating presentations and informal discussions. A National Geographic photographer, who will offer photography tips on technique and artistry, will also join European river cruising itineraries.last_img read more

AirAsiaairlinessalespecials

first_imgAirAsiaairlinessalespecials Available to book for one week only – from 17 June [0201h AEST] until 20 June [0200 AEST] – AirAsia’s latest ‘BIG’ sale – 5 million promotional seats – offers discounted fares valid for travel between 1 November 2019 and 8 September 2020.Low fares are available across AirAsia’s international network and guests can book at airasia.com or via the AirAsia mobile app. AirAsia BIG members, BigPay users and AirAsia Credit Card holders will be able to take advantage of a 24-hour priority access period starting 16 June 2019 (0201h AEST). Simply log in as an AirAsia BIG Member to access seats at the lowest fares. AirAsia BIG members will also be able to redeem promo seats for as little as 500 BIG Points on airasiabig.com and the AirAsia BIG mobile app.Guests who wish to make changes to their booking or purchase additional add-ons such as pre-booked Santan meals and Pick A Seat may do so at our improved My Bookings page with just 3 simple steps – Enter, Select & Pay!*All-in fares including taxes and fees. BigClick zero processing fees applies to bookings made between 10-30 June 2019. Refer to Terms and Conditions here. last_img read more

Derrick Hall satisfied with Dbacks buying and se

first_img Derrick Hall satisfied with D-backs’ buying and selling “He’s so talented … he’s always making the first man miss,” Cardinals receiver Larry Fitzgerald said. “He’s really versatile. He’s somebody that can be on the field all three downs.”Ellington had struggled with pass protection and the auxiliary responsibilities of being an NFL running back like most rookies do. But Ellington said he’s finally 100 percent healthy. But Cardinals head coach Bruce Arians said he’ll “see how everything goes” once Mendenhall is able to return to action, and added that while Ellington started the game, the number of reps he received didn’t increase significantly. Still, Ellington proved capable of handling even a slightly increased workload.“He scared me one time when he went down,” Arians said. “But we tried to keep him in space as much as possible.” – / 18 Grace expects Greinke trade to have emotional impact Top Stories Since getting a glimpse of rookie running back Andre Ellington’s playmaking ability, Arizona Cardinals fans have clamored for the backup to get more touches and take over the starting role from Rashard Mendenhall. Those fans got their wish on Sunday with Mendenhall out because of a lingering toe injury, and Ellington may have exceeded even the loftiest of expectations. The 5-foot-9, 200-pound speedster from Clemson rushed for 154 yards on 15 carries, including an 80-yard touchdown scamper that showcased Ellington’s lateral quickness and blazing speed. center_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Former Cardinals kicker Phil Dawson retires 0 Comments   Share   last_img read more

Derrick Hall satisfied with Dbacks buying and se

first_img Derrick Hall satisfied with D-backs’ buying and selling Last season, Ellington caught 39 passes for 371 yards and one touchdown. It was his performance, however, as a running back (652 yards and three touchdowns) that really opened everyone’s eyes, including Palmer’s.“He’s so explosive. He’s so quick. His vision is so good,” Palmer said. “And then you want to put him the pass game, too, because he’s so good in the pass game that it’s hard to kind of predict, ‘well, I hope he has x-amount of yards and x-amount of catches’ because he’s so talented in both. Selfishly, I want to use him in the pass game, but selfishly I want to use him in the run game, too, because that helps us all out, too.”None of what Ellington accomplished his rookie year surprised him — “I knew what I was capable of,” he said — yet he knows he has yet to arrive.“Every day I remind myself I’ve got to improve. I was a sixth-rounder,” he said. “Even though I’m starting this year, but that’s nothing. I’ve got to still get better.”Of course as Ellington’s play increases so too will the spotlight.“I just let my play speak louder than anything,” he said. “I just go out there and handle my business. As long as I’m taking care of that part of my game, I’ll be fine. I’ll get that attention. It’s all good to have that attention, but at the end of the day, if you don’t put in the work on the field, you won’t have it.” Top Stories Because of that success — he became only the fifth rookie in franchise history to surpass 1,000 yards from scrimmage — and the retirement of Rashard Mendenhall, Ellington enters his second NFL training camp as the No. 1 running back on the Arizona Cardinals’ roster.“I’m very confident,” he said, surrounded by reporters. “Last year, I wasn’t aware of what my role would be on the team. But now I’ve kind of got an idea so I’m going to approach this season a lot different than I did last year.”That began in the offseason when he added about eight to 10 pounds of muscle to his 5-foot-9, 199-pound frame.“I bulked up my upper body a little bit (more) than I was last year,” he said. “Not too much. I didn’t want to get slow. I had to keep my speed.”Then, there was the matter of learning all three wide receiver positions, something Ellington had never been asked to do during his four years at Clemson.“It was a little tough at first, but as the spring went on, I got used to it,” he said, adding he sought out advice from Larry Fitzgerald and others. “As long as I can get the ball in my hands, I’ll be fine. I enjoy (playing receiver). It helps a lot. It gets me in space and that’s kind of like how I want to play. I want to play in space and (then) I don’t have to take on those hits time-after-time so I’ll take (the ball) in space all day.” – / 32 0 Comments   Share   center_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo GLENDALE, Ariz. — Typically, the spotlight does not shine on a sixth-round draft pick. But Andre Ellington is no ordinary sixth-round talent.Head coach Bruce Arians has expressed a desire to get the ball in Ellington’s hands 25 to 30 times a game, while quarterback Carson Palmer continually raves about the 25-year-old’s talents, calling the success he had a year ago “pretty rare” for a player drafted 187th overall. Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impactlast_img read more

Top Stories

first_img Top Stories You can’t watch an NFL game without being awed by the speed some players display.In fact, an Arizona Cardinals game may feature a little more in the speed category than others.The Cardinals have plenty of speed on the field, at several positions, but two of their players — wide receiver J.J. Nelson and cornerback Patrick Peterson — made the cut on a list of the NFL’s fastest players compiled by ESPN analyst Matt Bowen. 0 Comments   Share   Bowen published an article on ESPN.com highlighting the league’s speed merchants after breaking down film to see “whose track speed translates to the field.”Nelson, a third-year wide receiver from Alabama-Birmingham, was third on the list.In two NFL seasons, Nelson has averaged more than 19 yards per catch (19.3). He’s a true big-play weapon with the speed to get over the top of the secondary and eliminate defensive pursuit. Check out this touchdown run versus the Dolphins on the reverse (watch). Nelson destroys the angle from the safety and outruns the defense on his way to six. Given his size (5-foot-10, 160 pounds), Nelson isn’t going to earn his money on middle-of-the-field throws. Instead, he’s going to work over the top of the secondary and rip off chunk plays with that 4.28 speed.Cardinals head coach Bruce Arians noticed Nelson’s jaw-dropping speed while the receiver was still in high school.“It’s funny because I was at a track meet five years ago, four years ago, in Alabama — the state championships and my granddaughter was running,” the coach said after the Cardinals picked Nelson in the fifth round of the 2015 NFL Draft. “This kid from Midfield won the 100, 200, 4×100 — little skinny dude. My son and I go, ‘Who in the hell is that?’ The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo “It just happened to be J.J. Nelson.”Peterson is one of the most decorated and respected cornerbacks in the league, but his speed doesn’t get talked about a lot. Bowen ranked the sixth-year player 11th on his list.Playing in the secondary is more about short-area closing speed and the ability to transition (or break) on the ball. That’s why it can be hard to compare the long speed of Peterson to the wide receivers on this list. But if we go back to some of his punt returns earlier in his career (watch) or take a look at his interception this past season versus the Bills when he opened it up to track the ball (watch), there’s no doubt that Peterson belongs with this group. He’s a low-4.3 guy all day.Arizona was one of only two teams to have two players appear on Bowen’s list. The Atlanta Falcons were the other, with receivers Taylor Gabriel (9th) and Julio Jones (12th) making the cut. Derrick Hall satisfied with D-backs’ buying and selling Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impactlast_img read more

Regent Seven Seas Cruises is revolutionising its g

first_imgRegent Seven Seas Cruises is revolutionising its gourmet dining experience fleet-wide by transforming its signature restaurant, Compass Rose, into the largest specialty restaurant at sea. The new concept and menu for Compass Rose offers an unprecedented, fully customised epicurean experience with an unequalled variety of gourmet options available nightly.This innovative culinary approach provides guests with a seemingly endless combination of dishes to choose from during dinner service at Compass Rose. Guests can select from more than a dozen different meat, fish and seafood items, have it prepared to taste, garnish with a sauce of choice and pick from a wide variety of side dishes and accompaniments to complete the meal. Additionally, each evening, the ship’s executive chef creates nightly specials, which adds more than a dozen mouth-watering appetisers, pasta dishes and entrée choices to the menu.  To complete the meal, Compass Rose will offer a separate dessert menu with international cheeses, premium handmade ice creams, delectable pastries, cakes, crumbles and soufflés.“In much the same way we changed the luxury cruise market by offering the industry’s only true all-inclusive luxury experience, we’re now revolutionising the dining experience by introducing the largest specialty restaurant at sea,” said Jason Montague, President and Chief Executive Officer for Regent Seven Seas Cruises.The menu for Compass Rose is divided into two equal portions. The left-hand side provides guests with the ability to fully customise their dinner, while the right-hand side features the Executive Chef’s nightly specials as well as a multi-course “menu degustation.” For the customisable section of the menu, guests can select from a list of high-quality entrees that include seafood items like lobster, shrimp, scallops, salmon and dover sole, or specialty cuts such as New York strip steak, filet mignon, lamb chops and veal medallions.After making their selection, guests determine how they would like it prepared – grilled, baked, broiled, poached or roasted – and select from a complementary list of sauces to garnish the dish, such as madeira-truffle, creamy herb, hollandaise, green peppercorn and hickory barbecue. From there, guests can choose from more than a dozen side items that range from lyonnaise potatoes, potatoes gratin and sweet potato fries, to sautéed spinach, brussel sprouts and green asparagus.Adding to the variety, the ship’s Executive Chef will prepare a list of special appetisers and entrees for the dinner service. Since Compass Rose is the ship’s primary dining room, the dinner specials will change nightly with sample entrees that include veal medallions oscar, braised turbot fillet, cornish hen, roasted duck Beijing style and seared mahi mahi.Capping off the gourmet meal, guests will find a dessert menu filled with new decadent offerings every night. The dessert menu will always feature a selection of fine international cheeses offered with a glass of port wine, assorted crackers and French bread along with a variety of handmade premium ice creams and sorbets. Guests will delight in nightly specials prepared by the ship’s pastry chef such as Tanzanian chocolate cake, almond croquant, bananas foster and Viennese apple strudel.Along with the dinner menu, Regent Seven Seas Cruises is also reinventing the lunch menu for Compass Rose on Seven Seas Navigator, Seven Seas Voyager and Seven Seas Mariner. In celebration of the launch of Seven Seas Explorer, Compass Rose, on the line’s other ships, will feature lunch selections from the three specialty restaurants on Explorer – Prime 7, Chartreuse and Pacific Rim. As with the dinner menu, the lunch menu will be updated daily.The menu is scheduled to debut 9 November 2016 on Seven Seas Voyager and Seven Seas Mariner on 13 May 2017, following each ship’s scheduled dry dock.last_img read more

Qatar Airways is rolling out a bespoke service for

first_imgQatar Airways is rolling out a bespoke service for its premium class passengers, giving them even more choice and freedom to create a personalised dining experience every time they travel on long-haul flights from Doha.The new Pre-Select Dining service is being introduced on selected flights to Europe, North and South America, Australia and New Zealand.Passengers travelling in First and Business Class will have the opportunity to pre-select one main course from the à la carte onboard menu, as far as 14 days in advance and up to 24 hours before take-off. This is in addition to the existing and exemplary Dining-on-Demand service already available for valued First and Business Class passengers.To pre-select a premium class meal, customers log into ‘My Trips’ on the Qatar Airways website and choose from the seasonal menu available on their flight. Meals can also be ordered through the Qatar Airways mobile app.Qatar Airways group chief executive, His Excellency Mr Akbar Al Baker said: “We are constantly looking for innovative ways to refine and enhance our products and services. Giving our premium passengers the opportunity to pre-select their meals before they fly is another example of our unrivalled onboard experience.“Our new Pre-Select Dining service follows the introduction of our groundbreaking Business Class seat, Qsuite, earlier this year, which reinforces why Qatar AIrways was recognised as the World’s Best Business Class at this year’s 2017 Skytrax awards. We were also delighted to be named Airline of the Year for the fourth time, encouraging us to continue innovating to offer our unparalleled five-star service.”The new Pre-Select Dining menu option will take Qatar Airways’ already renowned level of personalised service to new heights and complement the airline’s recently launched new Business Class experience. Premium passengers will now be able to board their flight in the comfort and knowledge that their pre-selected dish is reserved and waiting for them whenever they are ready to dine, giving them more time to relax and enjoy the airline’s superior onboard entertainment and amenities.Launching on flights departing from Doha, Qatar Airways plans to extend premium Pre-Select Dining to other regions later this year. As well as enjoying unrivalled five-star service, premium customers can also be pampered with amenities from world-class brands such as BRIC’S, Nappa Dori, Monte Vibiano and The White Company. Meanwhile all passengers have access to Oryx One, Qatar Airways’ award-winning inflight entertainment system which offers passengers up to 4000 entertainment options.Qatar Airways operates a modern fleet of 200 aircraft to a network of more than 150 key business and leisure destinations across Europe, the Middle East, Africa, Asia Pacific, North America and South America.The airline is launching 26 exciting new destinations around the world between now and the end of 2018, including Chiang Mai, Thailand; Rio de Janeiro, Brazil; San Francisco, US; and Santiago, Chile, to name a few.Multi-award-winning Qatar Airways was this year awarded Airline of the Year by the prestigious 2017 Skytrax World Airline Awards, the fourth time it has won this global accolade. Qatar’s national carrier also clinched Best Airline in the Middle East, World’s Best Business Class and World’s Best First Class Airline Lounge.last_img read more

Go back to the enewsletter Ponant continues its e

first_imgGo back to the e-newsletterPonant continues its expansion in Asia Pacific announcing the appointment of Debra Kearney to the newly created position of business development manager NSW & ACT.Debra is based in Ponant’s new North Sydney offices, with responsibilities that include building existing relationships and developing business opportunities with key trade partners.In welcoming Debra, Deb Corbett, commercial director Ponant Asia Pacific, referred to her experience as “complementing Ponant’s position as the world leader in luxury expedition cruises; an asset especially during this busy period of growth as we double the size of our fleet with the imminent introduction of our four new expedition ships.”“Debra brings 24 years of travel experience and established relationships in retail, wholesale and MICE market sectors of the industry, understanding all the elements required to work closely with the travel industry at all levels.”Debra commented, “I am so excited to have joined this dynamic team and look forward to contributing to Ponant’s significant growth. To be a part of company that is innovative, passionate and committed to expanding the small ship, luxury and expedition experience to all regions of the world, is very exciting.”Go back to the e-newsletterlast_img read more

Go back to the enewsletter Luxury travel experts

first_imgGo back to the enewsletterLuxury travel experts, Goldman Travel Group, took home the Top Virtuoso Agency Production (Asia Pacific) award at the 30th annual Virtuoso Travel Week Awards. It’s the fourth consecutive year Goldman has claimed the gong.“This year, Goldman Travel Group celebrates 35 years in the travel industry. As a family-run business, we are delighted to be recognised for the fourth year in a row as a top Virtuoso travel advisor,” said Tom Goldman, Executive Chairman of Goldman Travel Group.The prestigious award recognises all travel companies under the Goldman Travel Group umbrella, including Goldman Travel Corporation, Travelcall, Travel Phase, SmartFlyer Australia, Quintessentially Travel Australia and The Cruise Centre.“The company continues to grow from strength to strength, building success year-on-year with much thanks to our committed, hard-working agents and strong relationships with our supplier and client partners,” said Anthony Goldman, Joint Managing Director of Goldman Travel Group.“The ever-increasing use of travel agencies for premium and luxury travel proves that even in today’s digital era, the personalised service of agents is preferred over online booking platforms. At Goldman, great service is imperative, and how fitting to be recognised as a Top Virtuoso Agency, in our 35th year of business, for the fourth year running.”Anthony Goldman, Joint Managing Director of Goldman Travel GroupGo back to the enewsletterlast_img read more