Good News for Rental Investors

first_imgHome / Daily Dose / Good News for Rental Investors in Daily Dose, Featured, Journal, Market Studies, News Good News for Rental Investors Previous: What Lies Ahead? Next: Risky Business Average retention rates of expiring leases among single-borrower, single-family rental securitizations remained strong in September 2017, according to Morningstar Credit Ratings’ latest Single-Family Rental Research. The retention rate on full-term leases climbed to 76.3 percent in September, up from a revised 74.6 percent for August 2017. Of the single-family, single-borrower securitizations monitored by Morningstar, only three posted a retention rate below 70 percent. That’s half as many as in August’s total of six. Moreover, seven deals posted retention rates above 80 percent, as opposed to four in August. Rents themselves rose 2.9 percent in October. All of this amounts to good news for rental investors.The overall turnover over those two months, dipping from 3.9 percent in August to 3.2 percent in September. According to Morningstar, “vacancies for single-family rentals tend to decline in the late autumn and winter months.” October 2017 bucked that trend, with the average vacancy rate remained stable at 5.9 percent.The Houston metropolitan statistical area (MSA) had the highest vacancy rate at 10.0 percent—the first single-family MSA in 2017 to hit a vacancy rate of 10.0 percent or higher. For comparison’s sake, the next highest MSA vacancy rate was Nashville, Tennessee, at 7.6 percent. According to Morningstar, “While Hurricane Irma appears to have little to no impact on the Florida single-family rental markets, Hurricane Harvey may have contributed to the increase in vacancies and decline in rents in the Houston market.” Houston rents declined for two consecutive months, dropping by 0.4 percent in October and 0.8 percent in September.Lease expirations were up slightly for the month, hitting 6.5 percent for October, compared to a revised 6.3 percent in September and 9.0 percent in July.The average delinquency rate increased slightly for October, landing at 0.9 percent.You can read Morningstar’s full Single-family Rental Research report here. Also, be sure to register for the 2018 Five Star Single-Family Rental Summit by clicking here. Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] December 1, 2017 1,575 Views Sign up for DS News Daily About Author: David Wharton Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days agocenter_img Tagged with: Morningstar Credit Ratings Single Family Rental single-family rental research Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days ago Related Articles The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Morningstar Credit Ratings Single Family Rental single-family rental research 2017-12-01 David Whartonlast_img read more

Is History Repeating Itself?

first_img Is History Repeating Itself? Home / Daily Dose / Is History Repeating Itself? Subscribe in Daily Dose, Featured, Market Studies, News Tagged with: Achuthan Bloomberg Economic Cycle Research Institute Housing Market Mortgage Industry Mortgage Rates mortgage servicing Redfin Warning signs are flashing in the housing market, says Lakshman Achuthan, COO and Co-Founder of the Economic Cycle Research Institute in New York. Achuthan recently published an article with Bloomberg in which he discussed the decline in growth in real home price since the summer of 2018 began.This drop in home prices has been closely monitored across the industry, as seen in a recent report on the Redfin Housing Demand Index showing demand flat for a third consecutive month. But Achuthan goes further, claiming research done at his institute indicates real home price growth hasn’t just declined in recent months, but rather has “entered a cyclical downturn that is likely to intensify.”This trend in decline home price growth, he suggests, very well could lead to an actual drop in housing values, reversing significant gains made since housing prices plummeted in the wake of the subprime mortgage crisis.“With rates rising and the broader economy in a stealth slowdown that few recognize,” Achuthan warns, “stock prices are vulnerable to corrections… In this context, the home price downturn raises the risk of generalized asset price deflation that could result in a negative wealth effect for the first time since the financial crisis.”As underlying factors fueling this downturn, Achuthan points to forecasts in data which reveal a drop in housing starts and existing home sales, both trends have been discussed by our sister publication, MReport, here and here.Another factor Achuthan cites for his belief that home prices have entered a cyclical decline is the affordability issue, which continues to be a serious problem for many potential homebuyers who feel locked out of the market. But affordability is likely to persist as a dampener for home sales for the foreseen future—and will likely to be exacerbated by mortgage rates also widely expected to increase (as reported on by Deborah Kearns in a recent Bankrate article). Achuthan believes the increase in mortgage rates outpacing home prices combined with a paucity of new housing starts and rising costs in construction all together signal a real driver in a cyclical downturn in home prices across the nation.“If nothing else,” Achuthan insists in closing, “the prospect of this scenario warrants serious monitoring.” Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save October 23, 2018 2,633 Views Sign up for DS News Daily Related Articles  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago About Author: Staff Writer The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Revitalizing D.C.’s Neighborhoods Next: Equifax and Yodlee Verification Products Accelerate Digital Mortgage Process Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Achuthan Bloomberg Economic Cycle Research Institute Housing Market Mortgage Industry Mortgage Rates mortgage servicing Redfin 2018-10-23 Radhika Ojha The Best Markets For Residential Property Investors 2 days agolast_img read more

The Industry Pulse: Updates on Equator, LERETA, Radian, and More …

first_img The Best Markets For Residential Property Investors 2 days ago The Industry Pulse: Updates on Equator, LERETA, Radian, and More … Demand Propels Home Prices Upward 2 days ago From new technology and appointments to rebranding and innovative offerings, get the latest buzz from the industry in this weekly update.Equator, a California-headquartered Altisource business unit and a provider of residential loan default software and marketing solutions for many of the country’s top servicers, real estate agents, and vendors, has announced an agreement with Factom, Inc. to integrate the Factom Harmony blockchain-as-a-service (BaaS) platform into the Equator PRO solution.Equator PRO is a software-as-a-service (SaaS) solution that helps servicers increase efficiency and vendor oversight across the default servicing process. Designed for all portfolio sizes, the Equator PRO product suite of loan management, loan modification, short sale/deed-in-lieu, foreclosure/bankruptcy, and real-estate-owned (REO) focused products, provides servicers with tools to help manage defaulted loans and REO and make more strategic and cost-efficient default servicing decisions. Factom’s Harmony BaaS platform harnesses the power of blockchain to create an immutable record of activities, data, events, and decisions. Factom’s blockchain solutions will provide a distributed mechanism to preserve data, files, and digital records, making them verifiable and independently auditable.______________________________________________________________________LERETA, LLC, a national provider of real estate tax and flood services for mortgage servicers based in Covina, California, has named Patrick Hedges senior operations manager for the company. Hedges leads a team that builds and maintains strong relationships with tax collection agencies to drive an understanding of their requirements and develops automated transfer methods for escrow tax amount and tax delinquency status.Hedges comes to LERETA with more than 25 years of operational management expertise. He has spent his career developing best practices and innovative approaches to designing, implementing and executing successful business processes that deliver customer value, operational effectiveness, and financial returns. Most recently, Hedges led the business operations efforts for the 6,000-person Enterprise Shared Services (ESS) organization at Bank of America. While there, he introduced the Business Ops Hub, an online portal for information sharing and collaboration that provided a centralized data store and decision tool to organizational executives.______________________________________________________________________Radian Group Inc., headquartered in Philadelphia, announced that ValuAmerica, a Radian subsidiary offering settlement, and appraisal products and services, has been renamed Radian Settlement Services Inc. The name change follows the debut of Radian’s new brand identity in October. At that time, Radian also announced its plan to unite all of its subsidiaries under its new brand.“Changing ValuAmerica to Radian Settlement Services is a key next step in Radian’s evolution as a broad spectrum solutions provider to the mortgage and real estate industries,” noted Rick Thornberry, Radian CEO. “With every integration, we further strengthen our company and enhance our ability to deliver more of what our customers need to successfully manage and transact risk across the mortgage and real estate spectrum.”Radian currently operates as a family of companies that includes Radian Guaranty, Radian Reinsurance, Clayton Holdings, Green River Capital, EnTitle Insurance Company, Red Bell Real Estate, LLC, Independent Settlement Services and the former ValuAmerica, now known as Radian Settlement Services.______________________________________________________________________AHP Servicing, a Chicago-based specialty servicer of past-due residential mortgages, announced today it has launched a new $50 million Regulation A (Reg A) offering to foster its mission of helping homeowners keep their homes out of foreclosure.AHP Servicing uses crowdsourced funds to purchase past-due loans at a discount, working with financial institutions to purchase loans that have fallen behind in payments but have the potential to be restructured or settled. It then works with homeowners to stay in their homes or resolve their debt at a discount. “With this offering, AHP Servicing empowers socially responsible investors to help financially strapped borrowers and homeowners retain their properties while offering investors a competitive preferred rate of return,” said DeAnn O’Donovan, President and CEO of AHP Servicing. “We’re flipping the switch on the traditional loan servicing model so that ROI is judged not just by dollars, but also by sense. We create a purpose in addition to creating a profit.” Tagged with: AHP Servicing Altisource DeAnn O’Donovan Equator Factom lereta Patrick Hedges Radian Rick Thornberry Previous: Rebuilding Paradise Next: The Top 10 Cities for Singles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas.  Print This Post in Daily Dose, Featured, News About Author: Radhika Ojha AHP Servicing Altisource DeAnn O’Donovan Equator Factom lereta Patrick Hedges Radian Rick Thornberry 2018-11-22 Radhika Ojha Servicers Navigate the Post-Pandemic World 2 days ago Related Articlescenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / The Industry Pulse: Updates on Equator, LERETA, Radian, and More … Share Save Subscribe The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily November 22, 2018 2,619 Views last_img read more

Measuring Distressed Property Prices

first_imgHome / Daily Dose / Measuring Distressed Property Prices Data Provider Black Knight to Acquire Top of Mind 2 days ago Measuring Distressed Property Prices Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. July 30, 2019 2,012 Views Previous: Gauging Risk for Renters Next: Five Star CEO Addresses Industry at Disaster Preparedness Symposium in Daily Dose, Featured, Foreclosure, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily  Print This Post Related Articles Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The average sales price for properties sold at foreclosure auction in Q1 2019 increased by 8% from the previous quarter to $147,115, or 7% higher than a year ago, according to a report from Auction.com. This is the highest level since Auction.com began recording this data in Q1 2016.“Auction.com has digitized much of the foreclosure auction process over the past several years, giving us access to real-time transactional data from our leading marketplace that provides forward-looking insight for the distressed market as well as a good barometer for the larger retail housing market,“ said Auction.com CEO Jason AllnutThe Q1 2019 Auction.com Distressed Market Outlook notes that scheduled foreclosure auctions decreased 1% from a year ago nationwide but were up in 30 states, including California, Texas, Colorado and Nevada. According to the report, the declining rate of completed foreclosure auctions as a%age of scheduled foreclosure auctions in the first quarter shows more distressed homeowners who fall into foreclosure are able to avoid a completed foreclosure.Foreclosure auction properties sold for 20.8% below estimated market value on average in the first quarter, down from a 23.5% average discount in the previous quarter but up from a 19.7% average discount in Q1 2018.By state, 25 states posted a year-over-year increase in the third-party buyer sales rate at foreclosure auction, including New Jersey (up 22%), Florida (up 2%), North Carolina (up 7%), Missouri (up 3%), and Virginia (up 6%). Additionally, average foreclosure auction sales prices increased from a year ago in 36 states, including New Jersey (up 22%), Florida (up 2%), Texas (up 4%), Georgia (up 3%), and Illinois (up 12%).Twenty-five states posted an annual increase in third-party foreclosure auction sales, including Texas (up 11%), Ohio (up 34%), Virginia (up 32%), Wisconsin (up 47%), and Oklahoma (up 130%).“Solid real estate investor demand and a limited supply of distressed properties continues to push average prices up in most parts of the country,” said Ali Haralson, Chief Business Development Officer at Auction.com. “Even in areas with decreasing prices, the decrease can often be explained with a shift in the type of inventory being sold at auction.center_img About Author: Seth Welborn Tagged with: Auction Auction.com Distressed sale Foreclosure Properties Auction Auction.com Distressed sale Foreclosure Properties 2019-07-30 Seth Welborn The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribelast_img read more

Decline in Active Forbearance is Largest in Six Months

first_imgHome / Daily Dose / Decline in Active Forbearance is Largest in Six Months The Best Markets For Residential Property Investors 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. 2021-04-09 Christina Hughes Babb  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Previous: HUD Allocates $5B to Create Affordable Housing Next: The Week Ahead: The Great American Housing Facelift Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Following a five-week streak in improvement when it comes to mortgage forbearance volumes across the country, the data team at Black Knight reports not only the sixth week of declining activity but also the largest dip in six months.In fact, the number of plans in one week dropped by 228,000—a 9% drop in over a single week, something the experts say was “not expected.”Data Analytics and Servicing Author Andy Walden at Black Knight says “the decline is largely driven by early forbearance entrants exiting their plans at the 12-month mark (and what would have been their final expiration prior to extensions).”The improvement was widespread, and all investor classes experienced significant declines in active forbearances.FHA/VA led the way, with its active forbearance plans falling by 94,000.Fannie Mae and Freddie Mac’s forbearance volumes dropped 69,000, and there was a 65,000 decline in portfolio/PLS plan forbearances in the week ending Tuesday, April 6.Some 280,000 homeowners exited forbearance this week, representing more than half of all loans being reviewed for extension and removal.For context, as recently as last week, about eight out of every 10 plans reviewed for extension/removal activity resulted in the extension of forbearance.New forbearance plans also continue to improve, Black Knight reports, with an estimated 158,000 starts (including re-starts) over the past four weeks. That’s down 18% from the preceding 4-week periodAltogether, the number of active plans is down by 323,000 over the last month—a 12.3% reduction and the strongest rate of improvement since early November. It also puts us down 2.45,000 (-51%) from the peak.As of April 6, 2.3 million homeowners remain in forbearance, representing 4.4% of all homeowners with mortgages.With an estimated 500,000 additional forbearance plans with scheduled expirations at the end of April, we could see additional improvements near the end of this month and into early May.The Consumer Financial Protection Bureau’s (CFPB) actions earlier this week could affect forbearance numbers in coming weeks and months. The CFPB has floated a proposal to ensure borrowers aren’t rushed into foreclosure when an unprecedented number of borrowers exit forbearance. The proposed rule would provide a special pre-foreclosure review period that would generally prohibit servicers from starting foreclosure until after December 31, 2021. The CFPB is seeking public input on that date, as well as whether there are more limited ways to achieve the same purpose. April 9, 2021 1,270 Views Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Decline in Active Forbearance is Largest in Six Months Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Loss Mitigation, News The Best Markets For Residential Property Investors 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily About Author: Christina Hughes Babblast_img read more

Farmers urged to respect land burning ban as gorse fire risk increases

first_imgHomepage BannerNews Nine Til Noon Show – Listen back to Wednesday’s Programme Pinterest Three factors driving Donegal housing market – Robinson Pinterest Google+ News, Sport and Obituaries on Wednesday May 26th Farmers urged to respect land burning ban as gorse fire risk increases RELATED ARTICLESMORE FROM AUTHOR Facebook Twitter WhatsAppcenter_img Help sought in search for missing 27 year old in Letterkenny WhatsApp Facebook Previous articleMaurice Devenney to run as an Independent Unionist Candidate in FoyleNext articleCullen happy with Cockhill’s performance against Finn Harps admin 448 new cases of Covid 19 reported today Twitter Google+ NPHET ‘positive’ on easing restrictions – Donnelly Farmers are being reminded that the burning of land remains unlawful until the end of August.It comes after a number of serious gorse fires in Donegal and elsewhere over recent years.The Department of Agriculture is warning farmers and land owners of the safety risks associated with uncontrolled burning.Ciarán Nugent is a spokesperson for the Department………..Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/03/07nugent.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. By admin – March 23, 2016 last_img read more

Catholic schools in Derry and Castlederg earmarked for closure

first_img Guidelines for reopening of hospitality sector published By News Highland – February 13, 2012 Catholic schools in Derry and Castlederg earmarked for closure Pinterest Twitter Newsx Adverts Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey WhatsApp The BBC reports that St Peter’s High School in Derry has been earmarked for closure following a major review of Catholic education.Immaculate Conception College in the Waterside will stay open, but it is understood St Eugene’s in Castlederg will also close.The Commission on Catholic Education is to release a report later confirming the closure of a number of schools.Others will be told to amalgamate. Facebook Almost 10,000 appointments cancelled in Saolta Hospital Group this week Pinterestcenter_img Calls for maternity restrictions to be lifted at LUH Twitter Google+ Previous articlePlans which will see LYIT merge to be unveiled todayNext articleFuneral of Buncrana murder victim takes place today News Highland Three factors driving Donegal housing market – Robinson WhatsApp Facebook LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton RELATED ARTICLESMORE FROM AUTHOR Google+last_img read more

ISME: Donegal business disadvantaged in online trading

first_img Facebook Need for issues with Mica redress scheme to be addressed raised in Seanad also Guidelines for reopening of hospitality sector published Donegal business are at a particular disadvantage when it comes to trading online.That is according to the Irish Small and Medium Enterprises Association – it conducted a new survey which shows that online sales opportunities are being lost through inadequate broadband quality.ISME’s Chief executive Mark Fielding says that while this is a country wide problem, certain areas fare worse than others:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/08/ismesurvey3.mp3[podcast] Twitter Google+ ISME: Donegal business disadvantaged in online trading Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Newsx Adverts Pinterest By News Highland – August 22, 2011 LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton center_img WhatsApp WhatsApp Facebook RELATED ARTICLESMORE FROM AUTHOR Calls for maternity restrictions to be lifted at LUH Almost 10,000 appointments cancelled in Saolta Hospital Group this week Google+ Pinterest Twitter Previous articleCalls for Medical School at Magee Campus in DerryNext articleRape victim support group calls on judges to issue more supervision orders News Highland last_img read more

Search for missing Derry teenager in Lough Swilly resumes at 3pm

first_img WhatsApp The search for a missing teenager in Lough Swilly is due to resume around now, with coastguard urging all volunteer searchers to make sure they wear proper clothing and take extreme care.Sean McNair hasn’t been seen since the early hours of Sunday morning.The 17 year old from Derry went missing in the water while swimming with friends at Rathmullan pier.Search efforts have been hampered by poor weather conditions.Derek Flanaghan, of the Irish Coastguard is coordinating the search, he says conditions are slightly better today…[podcast]http://www.highlandradio.com/wp-content/uploads/2011/07/derek.mp3[/podcast] By News Highland – July 19, 2011 Need for issues with Mica redress scheme to be addressed raised in Seanad also LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Google+ Pinterest WhatsApp Facebook Google+ RELATED ARTICLESMORE FROM AUTHOR Previous articleJustice Minister demands to know how caretaker continued to work at Donegal schoolNext articleFive Romanian women appear in Court charged with running brothel in Letterkenny News Highland center_img Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Pinterest Twitter Search for missing Derry teenager in Lough Swilly resumes at 3pm Calls for maternity restrictions to be lifted at LUH Guidelines for reopening of hospitality sector published Almost 10,000 appointments cancelled in Saolta Hospital Group this week Twitter News Facebooklast_img read more

Donegal County Council must carry out work internally – Mac Giolla Easbuig

first_img 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Pinterest Google+ Facebook HSE warns of ‘widespread cancellations’ of appointments next week Calls have been made to provide more manpower in Donegal County Council to carry out vital work in Donegal within the council.The call comes following a recent road works carried in the west of the county by private contractors.Work was initially carried out by council staff but it was then outsourced to continue the work.There has also been concern the council is hiring out equipment and machinery long-term instead of investing in it themselves.Councillor Michael Cholm Mac Giolla Easbuig who has been vocal on this issue in the past, says the council needs to be hiring more people to carry out the work instead of opting for private organisations:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/11/michc1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Pinterest Homepage BannerNews Twitter Facebook Previous articleUpdate: Owner of Matt’s takeaway makes appeal following weekend burglaryNext articleNo Turkish delight as McIlroy slips up admin WhatsAppcenter_img Donegal County Council must carry out work internally – Mac Giolla Easbuig RELATED ARTICLESMORE FROM AUTHOR Twitter Google+ By admin – November 2, 2015 Dail hears questions over design, funding and operation of Mica redress scheme Man arrested in Derry on suspicion of drugs and criminal property offences released WhatsApp PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Dail to vote later on extending emergency Covid powers last_img read more