• Home
  • Tag: 2020上海fl

Award-winning author reads excerpt from work

first_imgKyle Muntz is the 2016 recipient of the Sparks Prize, an award given to a distinguished graduate of the Creative Writing graduate program.Students send sections of writing to an anonymous judge, chosen by the director of the program each year, who decides the winner. Nicholas Sparks, renowned author and Notre Dame graduate class of 1988, created the Sparks Prize in 2001. Muntz is the 15th recipient of the award.“Kyle is a lover of genre and writes in a swathe of them, including genres like the dystopic or the western romance. In this regard, I think he is a lovely fulfillment of the vision of Nicholas Sparks,” Joyelle McSweeney, current director of the Creative Writing Program, said of Muntz.The Sparks Prize awards $20,000 to the winner to allow them to spend a year simply writing, with one stipulation of a requirement of one public reading. Muntz performed his reading at Hammes Bookstore.Muntz read the first chapter of one of his new novels “The Effigies,” a novel which took inspiration from the anime “Evangelion,” as well as a section of his thesis novel, “The Holy Ghost.”Carmen Maria Machado, author of “Her Body and Other Parties” among other novels, was the judge of the 2016 contest. Machado described Muntz’s work as “snapping and humming with a weirdness, queerness and eeriness in every sense of the word that I find utterly intoxicating — a cross between Karen Russell and Bryan Evenson with an atmosphere entirely their own.”Most of Muntz’s novels take place in new, unique worlds, and he estimated that he has created over 10 of them.“I usually start with a genre and a way of telling stories and then I pick it apart,” Muntz said. “ … I look for places where the familiar can become unfamiliar in a way that is interesting to me. I basically think, ‘What if this familiar thing was horrifying, and how do people who have to live with that deal with that?’”Muntz said he has garnered much support and praise from his former peers and professors at the creative writing program.“Kyle approaches prose genres with the enthusiasm and wonder of a kid on Christmas morning who immediately takes apart a complicated toy to see how it works and immediately assembles it in a grotesque humorous way,” McSweeney said.Muntz, has already published five novels and his work has appeared Gone Lawn, Step Chamber, The Journal of Experimental Fiction and Fiction International. Additionally, he is developing a video game called “The Pale City,” an adventure that he finds less enjoyable than novel writing.“It develops a world in the way a world works a lot more fully than my novels ever have,” Muntz said. “ … Writing my video game was a little bit more like writing a screenplay.”last_img read more

How your credit union can save money in 2020

first_img continue reading » There are countless opportunities for credit unions to spend money and improve services. But how about where they can save money and do the same?We’ve put together a quick introduction to a few cost-cutting services for credit unions. As a bonus, they all provide opportunities to improve your products or services.So, if you need to save money—or just make room in your budget for something else—look no further.5 Ways Your Credit Union Can Make Room in Its BudgetOkay, so you still have to pay for these services. They’re not giving out freebies. But you can literally measure your savings from these vendors in both hours and dollars. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Forced-placement requirements for flood insurance

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr As part of a recent appropriations bill, Congress extended the National Flood Insurance Program (NFIP) to September 30, 2020! The National Flood Insurance Act of 1968 (NFIA), as amended and implemented by Part 760 of NCUA’s regulations, generally requires that credit unions escrow premiums and fees for flood insurance when making, increasing, extending or renewing loans secured by residential improved real estate or mobile homes, unless the credit union or a loan qualifies for a statutory exception. Credit unions must also force-place insurance in certain circumstances, and the Office of the Comptroller of the Currency’s (OCC’s) recent $18 million consent order with Citibank, NA is an indication that regulators still take these rules very seriously. While we do not anticipate a wave of enforcement in this area, this may be a good opportunity to review your credit union’s policies and procedures for force-placing flood insurance. Let’s dive into the requirements.While there is no requirement to retroactively review its loan portfolio, if a credit union  determines at any time that a designated loan is not sufficiently insured, section 760.7 requires the credit union to force-place insurance at the borrower’s expense in an amount equal to that required under section 760.3. Prior to force-placing flood insurance, a credit union is required to provide a specific notice to the borrower. The regulation does not provide any model forms or specific language for this notice, only requiring that it inform the borrower that the borrower should obtain flood insurance for the remaining term of the loan and that the amount of coverage be equal to the lesser of the outstanding principal balance of the loan, or the maximum limit of coverage available under the NFIP.If the borrower fails to obtain flood insurance within 45 days of this notice, then the credit union is required to obtain flood insurance on any properties securing a designated loan by the 46th day after the notification. A credit union may comply with the force-placement requirement by purchasing an NFIP Standard Flood Insurance Policy or an appropriate private flood insurance policy in the amount required. Although this advanced notice requirement is similar to the 45 day advanced notice requirement under section 1024.37(c)(1)(i) of Regulation X’s mortgage servicing rules, there is no requirement to provide a reminder notice 15 days prior to force-placing insurance. The bureau clarified in its mortgage servicing final rule that flood insurance that is force-placed under the Flood Disaster Protection Act of 1973 is not covered under the definition of “force-placed insurance” from section 1024.37(a)(2) of Regulation X. continue reading »last_img read more