M&S Sparks card raises £1m for charities

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis25 M&S ambassador Joanna Lumley thanked customers for their involvement in a video, saying:“Everytime you shop, you spark something good. Thank you”. Advertisement M&S Sparks card raises £1m for charities Howard Lake | 14 June 2016 | News  185 total views,  3 views today Tagged with: corporate About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.  186 total views,  4 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis25 Marks & Spencer customers have generated £1 million for charity just be using the company’s new Sparks loyalty card. The sum was raised in just eight months.The retailer introduced its Sparks card in October 2015. Every time it is swiped when purchasing it generates a 1p donation from the company. The charities benefiting from the scheme are:Breast Cancer NowGreat Ormond Street HospitalMacmillian Cancer SupportMarine Conservation SocietyThe Royal British LegionShelterUNICEFThe Woodland TrustWWFlast_img read more

The Week Ahead: GSEs Prepare to Launch UMBS

first_imgHome / Daily Dose / The Week Ahead: GSEs Prepare to Launch UMBS The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Mike Albanese Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Fannie Mae Freddie Mac UMBS Fannie Mae and Freddie Mac will launch their uniform mortgage-backed securities (UMBS) on Monday, June 3.Regarding the combined bond from the GSEs, a report by Bloomberg stated that this change would “virtually eliminate the distinction between bonds issued by Fannie Mae and Freddie Mac, which guarantee nearly half of U.S. residential mortgages,” with the combined security intended to help improve market market liquidity and mitigate investor risk.While some believe this change will lower mortgage rates, critics argue the opposite may happen. Some see the combined bond as “more than five-year process to unify a roughly $4.4 trillion pile of agency MBS currently split between the two government-sponsored enterprises.”“It already was the most liquid market in the world in many respects. What are they trying to fix, exactly?” Walt Schmidt, Head of Mortgage Strategies at FTN Financial in Chicago, told Bloomberg.The final outcome can’t be determined until the combined bonds launch.“To some extent June 3 will be a bit analogous to Y2K, you don’t know if everything will be successful until after the fact,” Jay Bacow, head of Morgan Stanley’s MBS research team, told Bloomberg. He added that “the mortgage market is second to Treasuries in terms of fixed-income liquidity and it’s challenging for us to see it losing that distinction under UMBS (Uniform Mortgage Backed Securities).”In April, Freddie Mac announced that its Investor Reporting Change Initiative (IRCI) would revise single-family investor reporting requirements beginning in May 2019, including moving the investor reporting cycle from mid-month to end-of-month and updating remittance cycles.The GSE states that it is making the changes to promote alignment and industry standards for the UMBS. In March, the Federal Housing Finance AgencyHere’s what else is happening in The Week Ahead:Black Knight Mortgage Monitor—June 3CoreLogic Home Price Insights Report—June 4Ellie Mae Millennial Tracker—June 5Banking, Housing, and Urban Affairs Nomination Hearing—June 5Bureau of Labor Statistics Labor Date—June 7 Subscribe The Best Markets For Residential Property Investors 2 days ago Previous: Mortgage Servicing: Trends and Challenges Next: Morningstar Completes DBRS Acquisition Demand Propels Home Prices Upward 2 days agocenter_img The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Government, News  Print This Post The Week Ahead: GSEs Prepare to Launch UMBS Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Fannie Mae Freddie Mac UMBS 2019-05-31 Mike Albanese Related Articles May 31, 2019 1,392 Views Share Savelast_img read more