Vermont Travel Industry Conference April 7 & 8 at the Stoweflake

first_imgThe 27th Annual Vermont Travel Industry Conference will be held on April 7 & 8, 2010 at the Stoweflake Resort in Stowe, Vermont. The event will feature compelling keynote speakers, pertinent workshops on industry topics and trends, and a trade show featuring over 30 exhibitors who sell products or services to the tourism industry.On Wednesday April 7th at 9:00 am, keynote speaker James Chung of Reach Advisors will educate the tourism industry on the Four Macro Trends and the Implications on Travel. Chung will discuss the major trends that will reshape the consumer market as it relates to the tourism industry including: generational shifts, gender differences, health and wellness behaviors, outdoor recreation trends, and household purchasing power.Thursday April 8th at 9:00 am, Steve Richer of the National Tour Association will enlighten attendees on the future of the tourism industry through his keynote presentation the Tourism Industry Crystal Ball: Where We Are, Where We Are Headed. Richer will pull from his experience working on the legislation that will become the Travel Promotion Act to discuss current border and public land issues, and provide attendees with a glimpse into the future and what we can do.The Vermont Travel Industry Conference will feature workshops from five educational, industry related tracks: Management, Miscellaneous Marketing, Media Relations, Social Media & Marketing, and Web Marketing. Some of the hot topics this year will include How to Effectively Publicize Your Business Through New Media Tools with Nicole Ravlin of PMG Public Relations, Sustainability and the Triple Bottom Line: People, Planet and Profit with Hans van Wees of Van-Wees, Inc., and How to Recognize, Evaluate, and Seize Money-Making Marketing Opportunities with Chris Diaz of Redpoint Marketing.If you are part of a tourism-related business or have an interest in the Vermont travel industry, this conference is for you! Registration is now open. For more information on participating in the event and to register, please visit the Vermont Travel Industry Conference website at www.vtic.org(link is external) and receive instant updates by becoming a fan on the Vermont Travel Industry Conference Facebook page. Source: VTIC. 2.16.2010last_img read more

Vermont still better than most, but 7 million distressed mortgages drag on US

first_imgThe Mortgage Monitor report released by Lender Processing Services, Inc. (NYSE: LPS), a leading provider of mortgage performance data and analytics, indicates that signs of stabilization in the nation’s home loan delinquency and foreclosure rates remain largely neutralized by the more than 7 million loans in distress.According to the Mortgage Monitor report, the number of loans 90 or more days delinquent (including pre-sale foreclosure) declined 112,184 from 4,186,627 to 4,074,443 between March and April, with the total number of non-current U.S. loans plus REO (Real Estate Owned by banks, etc) just over 7.3 million (extrapolated to represent total mortgage market).Conversely, deterioration ratios remain high, with two loans rolling to a “worse” status for every one loan that has improved and the overall volume of loans moving from delinquent to current status declined to a three-month low supported primarily by “artificial cures” associated with HAMP modifications. In addition, newly delinquent loans (current at year-end and 60 or more days delinquent as of April) have declined from the 2009 levels but still remain extremely high from a historical perspective, particularly within prime product.Other key results from LPS’ latest Mortgage Monitor report include:Total U.S. loan delinquency rate: 8.99 percentTotal U.S. foreclosure inventory rate: 3.18 percentTotal U.S. non-current* loan rate: 12.17 percentStates with most non-current* loans:Florida, Nevada, Mississippi, Arizona, Georgia, California, Illinois, New Jersey, Michigan and Rhode IslandStates with the fewest non-current* loans:North Dakota, South Dakota, Wyoming, Alaska, Montana, Nebraska, Vermont, Colorado, Iowa and Minnesota*Non-current totals combine foreclosures and delinquencies as a percent of active loans in that state.Note: Totals based on LPS Applied Analytics’ loan-level database of mortgage assets.LPS manages the nation’s leading repository of loan-level residential mortgage data and performance information from nearly 40 million loans across the spectrum of credit products. The company’s research experts carefully analyze this data to produce dozens of charts and graphs that reflect trend and point-in-time observations for LPS’ monthly Mortgage Monitor Report.To review the full report, listen to a presentation of the report or access an executive summary, visit http://www.lpsvcs.com/NEWSROOM/INDUSTRYDATA/Pages/default.aspx(link is external).About Lender Processing ServicesLender Processing Services, Inc. (LPS) is a leading provider of integrated technology and services to the mortgage and real estate industries. LPS offers solutions that span the mortgage continuum, including lead generation, origination, servicing, workflow automation (Desktop), portfolio retention and default, augmented by the company’s award-winning customer support and professional services. Approximately 50 percent of all U.S. mortgages by dollar volume are serviced using LPS’ Mortgage Servicing Package (MSP). LPS also offers proprietary mortgage and real estate data and analytics for the mortgage and capital markets industries. For more information about LPS, visit www.lpsvcs.com(link is external).SOURCE Lender Processing Services, Inc. JACKSONVILLE, Fla., June 1, 2010 /PRNewswire-FirstCall/last_img read more

IG to investigate NCUA procedures in wake of info breach

first_imgNational Credit Union Administration Inspector General James Hagen intends to take action in January in response to a data breach caused by a lost thumb drive during an NCUA examination at a California credit union, he announced Monday.The breach , which occurred earlier this month, was caused by the loss of the drive, which contained member information, during an examination of Palm Springs FCU, with $12 million in assets.Per Hagen’s statement, beginning in January he intends to launch the following:An audit to determine whether the NCUA has adequate controls in place to protect electronic personally identifiable information and sensitive credit union data during examinations;A review of the agency’s decision not to publicly announce the data breach on the NCUA website and ways the agency could improve its processes if a breach were to occur in the future; andAn investigation into the unauthorized disclosure by what the NCUA statement calls “two alleged ‘NCUA sources’” of internally held information regarding the breach of the credit union members’ information. continue reading » 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more