first_img Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: SFR Investment Poised for Growth Next: Leading Dems Seeking Funds for Servicers April 17, 2020 3,476 Views Wells Fargo is on the brink of settling a lawsuit alleging a computer error led the bank to deny loan modifications to some homeowners who later lost their homes to foreclosure. An $18.5 million settlement is awaiting final approval from a district judge, who said Thursday he intends to approve the settlement on a preliminary basis after reviewing the notice to the class action case members, according to Law360.The plaintiffs in the case allege a miscalculation that persisted between 2010 and 2018 led to some homeowners being denied home loan modifications they would otherwise have been approved for.Wells Fargo became aware of the error in 2013 and partially fixed the problem in 2015 before enacting a “comprehensive fix” in 2018, Law360 reported. The bank sent apology letters and compensation ranging between $5,000 and $15,000 to some affected homeowners.The settlement now under review addresses a class action case filed in 2018 involving 511 homeowners whose homes were allegedly foreclosed due to the error.Each of the 511 homeowners will receive between $14,000 and $120,000 if the settlement is approved. The amount will vary based on each individual’s unpaid principal balance, the duration of their loan delinquency, and how much they have already received from Wells Fargo in compensation.Included in the $18.5 million is $1 million earmarked for homeowners who suffered “severe emotional distress” directly related to the erroneous foreclosure. These funds will be available to “only members of the class who can tie their distress to Wells Fargo’s conduct,” according to Law360, which added that any unused funds from this $1 million will be dispersed to all the homeowners involved in the case.District Judge William Alsup will review the proposed notice to the plaintiffs before deciding on a final approval and also sought assurance that this settlement will not impede any other borrowers from bringing similar claims of their own against Wells Fargo.Tom Goyda, a spokesperson for Wells Fargo, told Law360 Thursday, “It is important to note that we have prevailed on all of these lawsuits that have reached a final decision and have not paid any money directly to a suing city/county or to any private lawyers.” Tagged with: Foreclosure Settlement Wells Fargo Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Foreclosure Settlement Wells Fargo 2020-04-17 Seth Welborn The Best Markets For Residential Property Investors 2 days ago Share Save Related Articles Demand Propels Home Prices Upward 2 days agocenter_img Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Wells Fargo Nears $18.5M Foreclosure Settlement The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Foreclosure, News Home / Daily Dose / Wells Fargo Nears $18.5M Foreclosure Settlement Krista Franks Brock is a professional writer and editor who has covered the mortgage banking and default servicing sectors since 2011. Previously, she served as managing editor of DS News and Southern Distinction, a regional lifestyle publication. Her work has appeared in a variety of print and online publications, including Consumers Digest, Dallas Style and Design, DS News and DSNews.com, MReport and theMReport.com. She holds degrees in journalism and art from the University of Georgia. About Author: Krista F. Brocklast_img read more


first_imgsecond or lower-tier subcontractor from the project and replace it with a responsive and responsible subcontractor.(D)Failure of a subcontractor to submit the required information shall not disqualify the successful bidder from performing work on the project and shall not constitute a contractual default and/or breach by the successful bidder. However, the City may The City may withhold all payments otherwise due to a bidder for work performed by a subcontractor, until thesuch subcontractor submits the required information required pursuant to this chapter and the City approves such information. The City may also require that successful bidder to remove the subcontractor from the project and replace it with aSuccessful bidders shall only be permitted to use approved subcontractors which have provided required information to the City about the applicable responsive and responsible subcontractor.(E)The disclosure of a subcontractor (“Disclosed Subcontractor”) by a bidder or a subcontractor shall not create any rights in the Disclosed Subcontractor. Thus, aA bidder and/or subcontractor may not substitute another subcontractor (“Substitute Subcontractor”) for a Disclosed Subcontractor by giving thewithout written approval of City. The contractor shall provide written notice of the name, address, and type of work of the Substitute Subcontractor. The Substitute Subcontractor isshall be subject to all of the obligations of a subcontractor under this chapter.(3) 15.30.030 Validity of pre-qualification classification(A) Upon designation by the City that a contractor’s or subcontractor’s submission in anticipation of a bid is complete and timely, and upon any further consideration deemed necessary by the City, the contractor or subcontractor may be pre-qualified for future City public works projects. A contractor’s classification as “pre-qualified” shall exempt the contractor or sub-contractor from the comprehensive submission requirements contained herein for a period of twelve (12) months. Thereafter, contractors or subcontractors who are pre-qualified must submit a complete application for continuation of “pre-qualified” standing on a form provided by the City (also referred to as the “short form”) by December 31st for the upcoming calendar year. Failure by any pre-qualified contractor or subcontractor to timely submit its complete application for continuation of “pre-qualified” standing shall result in automatic removal of the designation, effective January 1 of the upcoming year. However, the “removed” contractor or subcontractor shall still be permitted to bid on City public works projects.(B) Any material changes to the contractor’s status, at any time, must be reported in writing within ten (10) days of its occurrence to the City. The pre-qualification designation is solely within the discretion of the City and the City specifically reserves the right to change or revoke the designation for a stated written reason(s).(C) Denial of pre-qualification shall be in writing and shall be forwarded to the contractor within seven (7) working days of such decision. Any contractor denied or losing pre- qualification status may request reconsideration of the decision by submitting such request in writing to the City within five (5) business days of receipt of notice of denial.(4) 15.30.040 Incomplete submissions by bidders(A) It is the sole responsibility of the potential bidder to comply with all submissionrequirements applicable to the bidder in this section 15.30.010 above3.95.040 by no later than 4826-6290-1551.v1 Contractors proposing to submit bids on any City of Evansville, Indiana (“City”),public works project estimated to be at least seventy-five thousandOne Hundred and Fifty Thousand dollars ($75150,000.00) or more must, prior to the opening of bidsbid submission deadline, submit a statement made under oath and subject to perjury laws, on a form designated by the City and must include:(A)A copy of a print-out of the Indiana Secretary of State’s online records for the bidder dated within sixty (60) days of the submission of said document showing that the bidder is in existence, current with the Indiana Secretary of State’s Business Entity Reports, and eligible for a certificate of good standing. If the bidder is an individual, sole proprietor, or partnership, this subsection 15.30.010(A3.95.040(1) shall not apply;(B)A list identifying all former business names.(C) Any determinations by a court or governmental agency for violations of federal, state, orlocal laws including, but not limited to violations of contracting or antitrust laws, tax or licensing laws, environmental laws, the Occupational Safety and Health Act (“OSHA”), or federal Davis- Bacon and related Acts;(D)A statement on staffing capabilities, including labor sources from which labor will be derived on the public works project;(E) Evidence of(E) Evidence that the contractor is in compliance with I.C. 5-16-13-12 and its requirements pertaining to participation in apprenticeship and training programs applicable to the work to be performed on the project, which are approved by and registered with Presented to me, the undersigned, City Clerk of the City of Evansville, Indiana, and to the Mayor of said City, the ____ day of ________________, 2016, at _____ o’clock __.m. for his consideration and action thereon.____________________________ Laura Windhorst, City ClerkCity of Evansville, Indiana the United States Department of Labor’s Office of Apprenticeship, or its successor organization, with such evidence including a copy of all applicable apprenticeship certificates or standards for such training programspublic work project;(F) A copy of a written plan for employee drug testing that: (1) covers all employees of the bidder who will perform work on the public work project; and (2) meets, or exceeds, the requirements set forth in I.C. 4-13-18-5 or I.C. 4-13-18-6section 3.95.020 of this Chapter and I.C. 36-1-12-24;(G)The name and description of the management experience of each of the bidder’s project managers and superintendents that bidder intends to assign to work on the project;(H)Proof of any professional or trade license required by law and section 3.95.030 of this Chapter for any trade or specialty area in which bidder is seeking a contract award, disclosure of any suspension orrevocation within the previous five years of any professional or trade license held by the company, or of any director, office or manager employed by the bidder;(I) Evidence that the contractor is utilizing a surety company which is on the United States Department of Treasury’s listing of approved sureties; and(J) A(J) The contractor shall provide a written statement of any federal, state, or local tax liens or tax delinquencies owed to any federal, state, or local taxing body in the last five years.The City reserves the right to require supplemental information from the bidder for verification of any of the information provided by the bidder and may also conduct random inquiries of the bidder’s current and prior customers. Notwithstanding the foregoing, this section shall not apply to a public work project performed by the City in accordance with I.C. 36-1-12- 3(b).(2) 15.30.020 Post-bid submissionsSubmissions from subcontractors(A)All bidders shall provide a written list that discloses the name, address, and type of work for each first-tier subcontractor from whom the bidder has accepted a bid and/or intends to hire on any part of the public work project, including individuals performing work as independent contractors, within five (5) business days after the date the bids are due.. In accordance with section 3.90.110, all bidders shall adhere to City policy and procedures pertaining to minority owned business and women owned business utilization.(B)In addition, each such first-tier subcontractor shall be required to adhere to the requirements of section 15.30.0103.95.040(1) of this chapter as though it were bidding directly to the City, except that first-tier subcontractors shall submit the required information (including the name, address, and type of work for each of their first-tier subcontractors) to the successful bidder no later than five (5) business days after the subcontractor’s first day of work on the public work projectbidder and the bidder shall then forward said information to the City. Payment shall be withheld from any first-tier subcontractor who fails to timely submit said information until such information is submitted and approved by the City.(C)Upon request, the City may require any second and lower-tier subcontractorsbidder to provide the required information (including name, address, type of work on the project and the name of the higher-tier subcontractor).) about its second and lower-tier subcontractors. Payments shall be withheld from any second or lower-tiered contractorbidder who fails to timely submit this information until this information is submitted and approved by the City. Additionally, the City may require the successful bidder andto remove the relevant subcontractor to remove theor 15.30.020 15.30.030 15.30.040 15.30.050 15.30.060 15.30.070 15.30.08015.30.010 Post-bid submissions from subcontractors Validity of pre-qualification classification Incomplete submissions by biddersResponsive and responsible bidder determination Certified payrollPublic recordsPenalties for false, deceptive, or fraudulent statements / informationBid submission requirements ____________________________ Missy MosbyPresident of the Common Council FacebookTwitterCopy LinkEmailShare ATTEST:____________________________ Laura Windhorst, City ClerkCity of Evansville, Indiana AN ORDINANCE ESTABLISHING CHAPTER 15.30SECTION 3.95.040 (RESPONSIBLE BIDDING PRACTICES AND SUBMISSION REQUIREMENTS) OF THE CODE OF ORDINANCESWHEREAS, the City of Evansville, Indiana (“City”), is required by law pursuant to I.C. 36-1-12-4 to award capital improvement certain contracts for public works projects to the “lowest responsive and responsible” bidder;WHEREAS, the City, based upon its experience, has determined that quality workmanship, efficient operation, safety, and timely completion of projects requires all bidders meet certain minimum requirements in order to be a “responsive and responsible” bidder;WHEREAS, applicable state law also requires that bidders meet certain minimum requirements in order to be a “responsive and responsible” bidder;WHEREAS, I.C. 36-1-12-4(b)(10) further requires that the City entity awarding a public works contract where bids are required to consider certain factors when determining whether a bidder is “responsive”, such factors include: 1) whether the bidder has submitted a quote that conforms in all material respects to the specifications; 2) whether the bidder has submitted a bid that complies specifically with the invitation to bid and the instructions to bidders; and 3) whether the bidder has complied with all applicable statutes, ordinances, resolutions or rules pertaining to the award of a public contract;WHEREAS, I.C. 36-1-12-4(b)(11) further requires that the City entity awarding a public works contract where bids are required to consider certain factors when determining whether a bidder is “responsible”, such factors include: 1) the ability and capacity of the bidder to perform the work; 2) the integrity, character, and reputation of the bidder; and 3) the competence and experience of the bidder;WHEREAS, the City seeks to enhance its ability to identify “responsive and responsible” bidders on all City public works construction projects by institution of more comprehensive submission requirements which are in compliance with Indiana state law;I.C. 36-1-12 et. seq.;WHEREAS, the “Responsible Bidding Practices and Submission Requirements” Ordinance will preserve administrative resources by ensuring that only qualified contractors and subcontractors are awarded contracts on public works construction projects; andWHEREAS, the “Responsible Bidding Practices and Submission Requirements” Ordinance will assure efficient use of taxpayer dollars, will promote public safety and is in the public interest.center_img 4826-6290-1551.v1 RESPONSIBLE BIDDING ORDINANCE 2016-14 AMENDED INTRODUCING: Mosby, Weaver, and AdamsCOMMITTEE: PUBLIC WORKS(OBSERVATION-THIS PROPOSED ORDINANCE SEEMLY WILL GIVE THE LOCAL TRADE UNIONS A BOOST) projects for a period of three (3) years and may be enforced pursuant to EMC 1.05.170 and 1.05.180, or as otherwise provided by statute.(9) Conflict and Applicable LawThis section 3.95.040 shall be interpreted and construed in harmony with I.C. 36-1-12, I.C. 5-16-13 and all applicable provisions of the Indiana Code as they pertain to public work projects, nothing herein shall be interpreted to be in conflict therewith. Should there be a conflict, the applicable provisions of the Indiana Code shall govern.Section 2. Severability. If any provision of this Ordinance is found to be invalid, the remaining provisions of this Ordinance shall not be affected by such a determination. These other provisions of this Ordinance shall remain in full force and effect without the invalid provision.Section 3. Effective Date. This ordinance shall be in full force and effect from and after its passage by the Common Council.PASSED BY the Common Council of the City of Evansville, Indiana, on the ___ day of _________________, 2016, and on said day signed by the President of the Common Council and attested by the City Clerk. 4826-6290-1551.v1 4826-6290-1551.v1 the public bid opening. Post-bid submissionsSubmissions from subcontractors must be submitted in accordance with section 15.30.0203.95.040(2) above. Submissions deemed inadequate, incomplete, or untimely by the City may result in the automatic disqualification of the bid.(5) 15.30.050 Responsive and responsible bidder determinationThe City, after review of complete and timely submissions, shall, in its sole discretion, after taking into account all information in the submission requirements, determine whether a bidder is responsive and responsible. pursuant to I.C. 36-1-12-4. The City specifically reserves the right to utilize all information provided in the contractor or subcontractor’s submission or any information obtained by the City through its own independent verification of the information provided by the contractor.(6) 15.30.060 Certified payroll(A) For public work projects in which the cost is at least Two Hundred and Fifty Thousand Dollars ($250,000), the successful bidder and all subcontractors working on a public work project shall, upon request by the City, submit a certified payroll report utilizing the federal form now known as a WH-347 which must be prepared on a weekly basis and submitted to the City within ten (10) calendar days after the end of each week in which the bidder or subcontractor performed its work on the public work project. These certified payroll reports shall identify the job title, work classification, rate of pay, tax deductions, and craft of each employee on the project, e.g. journeyman electrician or apprentice electrician. The successful bidder and all subcontractors may satisfy the requirements of this section, if requested by the City, by providing the federal form now known as a WH 347.(B) The City may withhold payment due for work performed by a bidder if the bidder fails to timely submit its certified payroll reports until such time as such certified payroll reports are submitted. The City may also withhold payment due for work performed by a subcontractor if the subcontractor fails to timely submit its certified payroll reports until such time as such certified payroll reports are submitted. The City shall not withhold payment to a bidder for work performed by the bidder or for work performed by subcontractors who have submitted their certified payroll reports, because one or more other subcontractors failed to timely submit their certified payroll reports.(7) 15.30.070 Public recordsAll information submitted by a bidder or a subcontractor pursuant to this chapter, including certified payrolls, are public records subject to review pursuant to the Indiana Access to Public Records law (IC 5-14-3).(8) 15.30.080 Penalties for false, deceptive, or fraudulent statements / informationAny bidder that willfully makes, or willfully causes to be made, a false, deceptive or fraudulent statement, or willfully submits false, deceptive or fraudulent information in connection with any submission made to the City shall be disqualified from bidding on all City 4826-6290-1551.v1 NOW, THEREFORE, BE IT ORDAINED, by the Common Council of the City of Evansville as follows:Section 1. Amendment of Title 153 of the Code. Title 153 of the Evansville Municipal Code is hereby amended by establishing a new subsection within Chapter 15.303.95 of the Code, which shall read as follows:Chapter 15.30 RESPONSIBLE BIDDING PRACTICES AND SUBMISSION REQUIREMENTSSections:15.30.010 3.95.040 Responsible Bidding Practices and Submission Requirements(1) Bid submission requirementslast_img read more


first_imgBilly Strings continues to make a name for himself, entreating fans along for the ride with his soulful folk music. Today, Billy Strings has announced that he’ll be bringing that music on the road for a lengthy Winter Tour in early 2017.The 36 date trek features a slew of headlining and festival dates with his three piece band of bluegrass bandits, co-bills with Shook Twins and The Lil’ Smokies, and runs supporting The Infamous Stringdusters and Railroad Earth. Smack in the middle of the tour, Billy will also join the legendary David Grisman’s Bluegrass Experience for a handful of shows.Billy Strings is touring in support of his self-titled EP release from June 2016, and expects to put out a full length album in 2017. Along with Billy Strings, Drew Matulich on mandolin, Billy Failing on banjo and Brad Tucker on bass complete this exciting touring band!Check out the full tour schedule below and head to the Billy Strings website for details.Billy Strings Winter Tour 2017 Dates1/13 Asheville, NC – The Orange Peel *1/14 Athens, GA – Georgia Theatre *1/15 Abingdon, VA – Historic Barter Theatre *1/21 McMinnville, TN – Bluegrass Underground **1/24 Columbus, OH – Park Street Saloon *1/25 Rocky Mount, VA – Harvester PAC *1/26 Cincinnati, OH – On Sale Soon1/27 Evanston, IL – SPACE %%1/28 Indianapolis, IN – Scratched Vinyl2/1 Tulsa, OK – American Theatre Company On Sale Soon2/3 Albuquerque, NM – The Cooperage2/4 Colorado Springs, CO – Gold Room2/8 Billings, MT – Pub Station ***2/9 Big Sky, MT – Big Sky Bluegrass2/10 Big Sky, MT – Big Sky Bluegrass2/11 Big Sky, MT – Big Sky Bluegrass2/15 Seattle WA – Tractor Tavern2/16 Portland, OR – Bunk Bar2/17 Portland, OR – Bunk Bar2/18 Enterprise, OR – OK Theatre ^2/22 Boulder, CO – The Fox Theatre ^^2/23 Ft. Collins, CO – Hodi’s Half Note ^^2/24 Steamboat Springs, CO – Winter Wondergrass2/25 Denver, CO – The Bluebird Theater3/4 Davie, FL – David Posnack JCC ^^^3/17 St. Augustine, FL – Anastasia Music Festival ^^^3/18 Asheville, NC – Grey Eagle Tavern ^^^3/22 Omaha, NE – The Waiting Room %3/23 Minneapolis, MN – 1st Avenue %3/24 Milwaukee, WI – Pabst Theater %3/25 Chicago, IL – The Vic Theatre %3/27 Indianapolis, IN – Vouge Theatre %3/29 Memphis, TN – Inglewood Hall %3/30 Nashville, TN – Marathon Music Works %3/31 Raleigh, NC – Duke Energy Center – Fletcher Opera Theater4/1 Martinsville, VA – Rives Theater* supporting The Infamous Stringdusters** supporting Michael Cleveland & Flamekeeper*** supporting Dead Horses^ with Shook Twins^^ with Lil’ Smokies^^^ as part of David Grisman Bluegrass Experience% supporting Railroad Earth%% with The Suitcase Junketlast_img read more


first_imgLeonard J. “Inky” Jackson, 50, of Aurora, Indiana, passed away Monday June 1, 2020 in Cincinnati, Ohio.He was born March 6, 1970 in Cincinnati, OH., son of the late Elizabeth (Vic) Williams.Leonard worked as a Receiving Manager for Gardens Alive, with over 10 years of service.He loved to cook and grill. He enjoyed fishing and his work, and a good cold beer after work. Leonard had many friends at Gardens Alive. He loved his dogs, Jakota and Jade. He was a wonderful dad and step-dad, and he will be greatly missed.Leonard is survived by his loving spouse of 11 years Amber (McCool) Jackson, children, Kiara Jackson, Tayler Jackson, Danielle Jackson and Darnez Townsend, Christian Horne, Keith Jackson, Kaitlyn Jackson, Kaleb Jackson; siblings, Dina (James) Harrison of Fairfield, OH, Robert (Tasha) Jackson of Greendale, IN, Deleise (Frederick) Douglas of Cincinnati, OH; loving grandchildren, Quartex Jackson, Leona Jackson, Zayon Edwards and Lhyrik Jackson; mother-in-law, Kathy (Harry) Holdcraft; brother-in-law, Jeremy McCool; Aunt, Martina Craig of Las Vegas, NV; lots of nieces, nephews, cousins, and friends.He was preceded in death by Mother, Elizabeth Williams.Friends will be received Saturday, June 6, 2020 from 1:00-4:00 PM at the Rullman Hunger Funeral Home, Aurora, Indiana.Services will be held at 4:00 PM.Contributions may be made to the familly. If unable to attend services, please call the funeral home office at (812) 926-1450 and we will notify the family of your donation with a cardDue to the current situation dealing with COVID-19, we are following the directives from Governor Holcomb and the Centers for Disease Control and Prevention concerning large events and mass gatherings. The family deeply appreciates the support and love shown from friends, but the health and well being of everyone in our community is of top priority.Alternative ways to express your condolences can be done by going online at our website and leaving the family a message, sending a card, flowers, or making a donation in memory of their loved one.Our prayers go out to all of the health care community and those affected by COVID-19.Visit: www.rullmans.comlast_img read more