Tag Archives: Activity

Silverado Scottsdale Associate Honored as Arizonas Activity Director of the Year

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Scottsdale, AZ (PRWEB) June 26, 2013

Initially from Iceland, Helga first came to the U.S. in the 1970s to reunite with her biological loved ones. She planned to stay for the summer time to reconnect with her birth mother and 3 siblings, but as fate would have it, she was offered a modeling contract and decided to extend her stay indefinitely.

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As time went passed, Helga shifted career path. She went on to operate as an image consultant and later opened her personal catering enterprise. But, she still felt unfulfilled on a deeper level. Reflecting back on fond experiences with her grandparents, and on time spent with her grandfather who was diagnosed with Alzheimers at age 80, Helga decided to start volunteering at senior centers in the Scottsdale location.

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He, and other senior citizens like him, have been not being treated with the dignity and respect they deserved, Manzone recalls. So I felt compelled to make a difference.

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Helga began volunteering at senior daycare centers prior to discovering the Silverado Scottsdale memory care neighborhood in 2009. She remembers, As soon as I entered, it felt like residence. The atmosphere was engaging.

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Helga volunteered for several months and ultimately joined Silverado as a complete-time engagement assistant, where she helped develop and coordinate activity applications.

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Silverado communities are dedicated to giving life to those affected by Alzheimers and other forms of memory loss, explains Silverado Administrator Amber McCord. For us, this indicates going beyond the basic provision of care to develop engagement applications that enable residents to keep goal and passion in life.

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Within a couple of short years, Helga had produced a tremendous effect on the lives of the communitys residents and their households, and was quickly promoted to the Director of Resident Engagement position to lead the improvement of new programs, such as the Silverado Rotary Club and the specially-made Music Therapy system.

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When I come to work at Silverado, I enter the world of our residents and encourage them to participate in the improvement of our applications, says Manzone. My goal is to supply experiences that reflect our residents person interests, to bring them happiness from moment-to-moment, and in the end, to aid enrich their good quality of life.

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Helgas recognition as Arizona ALFAs Activity Director of the year comes as no surprise to these who interact with her on a daily basis, or to the families who regularly praise her selfless devotion.

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We are very proud of Helgas statewide recognition, explains Silverado President, Chief Executive Officer and Chairman Loren Shook. She is an instance of Silverados exceptional leaders and of our hugely engaged associates who are committed to going above and beyond for these we serve.

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In addition to her operate with engagements, she goes out of her way to accompany residents without having frequent visitors in the course of mealtimes and makes positive to interact with every resident on a day-to-day basis even if its just for a swift one particular-on-one sing along. She also selflessly volunteers to perform holidays, to allow her fellow colleagues to devote time with their households.

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My present, my calling, is becoming able to get that connection with our residents, even if just through eye speak to, says Manzone. To see an expressionless resident light up makes my whole day worthwhile.

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Helga is a testament to Silverados core values and the epitome of Arizona ALFAs Shining Star Award, given to these who go above and beyond their professional function to make a distinction in the lives of these they serve.

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Discover much more about Helga Manzone and the Silverado- Scottsdale neighborhood at silveradosenior.com/scottsdale

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About Silverado:

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Silverado is a nationally-recognized provider of property care, memory care assisted living and hospice solutions. With places in eight states which includes Arizona, California, Colorado, Illinois, Texas, Utah, Washington and Wisconsin Silverado delivers exceptional care and unmatched service to address the spectrum of changing demands, for men and women and families alike.

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Uncover Far more Administrator Press Releases

New Foreclosure Activity Plunges

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Discovery Bay, CA (PRWEB) October 14, 2008

ForeclosureRadar, the only site that tracks each and every California foreclosure with daily auction updates, nowadays issued its California Foreclosure Report for September, 2008. Notice of Default filings, which indicate the start of the foreclosure procedure, fell 61.eight percent in September due mostly to new legislation that went into effect on September 8th. California State Senate Bill 1137 imposes important new requirements on lenders prior to filing for foreclosure, and the drop indicates that the lenders had been not prepared for the effect. The bill also effected new Notice of Trustee Sale filings, which dropped 47.3 % from August. The bill did not straight effect foreclosure sales even so, they nevertheless fell by 12.four percent.

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Higher-level findings incorporate:&#13

Only 16,352 Notices of Default were filed in September, down from 42,790 in August, a reduce of 61.8 % from August 2008, and a lower of 36.4 percent from a year earlier.&#13
Notices of Trustee Sale filings decreased 47.3 percent from August, to a total of 19,116 filings. In spite of the significant decline, filings improved 33.9 % from September 2007.&#13
Properties taken to sale at auction increased 163.two percent from the prior year, to 23,409 sales, with a combined loan balance of $ 9.75 Billion. This represents a 12.4 percent drop from August 2008.&#13
Lenders took back 95 % of the properties taken to auction, with a combined loan worth of $ 9.19 Billion. Third party purchases were flat from the prior month, but improved slightly as a percentage, due to the decline in sales activity.&#13
“CA State Senate Bill 1137 has rendered evaluation of existing activity against prior foreclosure levels useless in understanding industry conditions,” mentioned Sean O’Toole, founder of ForeclosureRadar. “What is essential to watch now, is how speedily lenders and trustees adjust to the new law. While it is unlikely foreclosures will return to preceding levels, offered the new needs we expect SB 1137 to have no long term impact beyond delaying the foreclosure method for home owners, and slowing the all round recovery.”&#13

The intent of CA State Senate Bill 1137 is to minimize foreclosure prices with one particular of the specifications being that lenders make speak to with home owners prior to filing a foreclosure, to make certain that they are aware of all their options. The bill calls for lenders to make a series of attempts to speak to property owners, and then wait 30 days following either contacting the owner or fulfilling the needed steps ahead of filing the foreclosure notice. The bill particularly looks to encourage loan modifications as an option to foreclosure. The state, however, cannot force lenders, typically operating beneath Federal Law, to modify an existing loan.

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“Offered the significant adverse equity now occurring in most California foreclosures, modifying loans to cost-effective levels either needs huge principal balance reductions, or extending the unsustainable teaser rates that designed the foreclosure crisis in the first place,” continued O’Toole. “Wide scale adoption of massive principal balance reductions also pose significant risks, as they are probably to encourage non-defaulting home owners to default in the hopes of securing related reductions. As such, either kind of loan modification is most likely to result in improved default, and/or foreclosure activity in the future, a consequence clearly not intended.”

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Average discounts presented by lenders on the outstanding loan balance at foreclosure auction averaged 37.4 % statewide with 36 % of properties taken to auction becoming offered at discounts of 50 % or a lot more.

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Small has changed at the county level with the leading six counties sustaining their rank from the prior month, and only relatively tiny counties seeing significant modifications in their overall ranking. Opening bid discounts were highest in best ranking counties, with discounts from the loan amount of greater than 40 % in the top seven counties.

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California Foreclosure Report Methodology – See table&#13

Rankings are based on population per foreclosure sale. NOD indicates the quantity of Notices of Default that had been filed at the county, and NTS indicates filed Notices of Trustee Sale. Sales indicates the quantity of properties sold at foreclosure auction. Percentage adjustments are primarily based on monthly Sales. The data presented by ForeclosureRadar is based on county records and individual sales final results from day-to-day foreclosure auctions all through the state – not estimates or projections.

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About ForeclosureRadar.com&#13

ForeclosureRadar is the only net website that tracks every single foreclosure in California with day-to-day updates on all foreclosure auctions. ForeclosureRadar features unprecedented tools to search, handle, track and analyze preforeclosure, foreclosure auction, short sale and bank owned actual estate. The net web site was launched in May 2007 by Sean O’Toole, who spent 15 years building and launching computer software firms just before getting into the foreclosure company in 2002 exactly where he has effectively purchased and sold far more than 150 foreclosure properties. ForeclosureRadar is an indispensable resource for genuine estate agents, brokers, investors, lenders, mortgage brokers, attorneys and other real estate professionals specializing in the California actual estate industry.

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A New Horizon Credit Counseling Reports Joint Activity Force Developed to Battle Mortgage Modification Scams

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Fort Lauderdale, FL (PRWEB) December 12, 2011

On December 1, 2011 a new task force was developed to combat scams tageting homeowners looking for to apply for the Residence Reasonably priced Modification System (HAMP). The activity force is a combined effort of the Particular Inspector Basic for the Troubled Asset Relief System (SIGTARP), the Customer Financial Protection Bureau (CFPB), and the U.S. Department of the Treasury. Their mission is to investigate and shut down these scams while offering educational programs. A New Horizon Credit Counseling Solutions is a nonprofit debt consolidation organization that has been assisting buyers since 1978.

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The aim of our customer fraud alert is to empower property owners with the expertise of how to recognize and steer clear of these scams These scams prey upon the most vulnerable property owners as they desperately hold out hope of saving their residences, said Christy Romero, Deputy Special Inspector General for SIGTARP.

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Treasury is totally committed to functioning with SIGTARP and the CFPB to shut down mortgage scams that falsely represent themselves as government applications, said Treasury Assistant Secretary for Monetary Stability Tim Massad. This new initiative builds on the perform we have completed with SIGTARP to date and other collaborative efforts throughout the federal government to educate property owners about scams so they can shield themselves and their houses.

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Stephen Marcus, President of A New Horizon Credit Counseling mentioned, The consumer should be able recognize organizations charging a fee for false promises of lowering the homeowners mortgage debt or payments. A New Horizon routinely gives credit counseling and helps consumers manage their debt so that it can be totally paid off. They advise that if you are thinking about modifying your mortgage you can apply for free to the federal House Reasonably priced Modification Program (HAMP) on your own.

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Marcus added, The only party that can grant a loan modification is your mortgage servicer, so dont rely upon promises of third parties, they can’t guarantee or pre-approve outcomes, and never spend an advance fee. In most instances an advance charge is illegal.

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Lastly the Treasury cautions that paying a third party to help with your HAMP application does not increase your likelihood of getting a mortgage modification.

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For a lot more info about A New Horizon Credit Counseling programs, contact 1-800-556-1548. They can also be located on the internet at http://www.anewhorizon.org, or reached through e-mail at slieberman@anewhorizon.org

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Life Settlement Financial’s CEO Testifies just before SEC Life Settlement Activity Force

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Washington, D.C. (PRWEB) November 2, 2009

Peter Mazonas, Life Settlement Economic (LSF) CEO testified right now before the SEC Life Settlement Process Force in help of the use of accounting requirements to enforce consistency in the valuation of securitized pools of life settlements. As investment banks ramp up their efforts to generate new investment opportunities, the SEC Life Settlement Job Force is studying how this can be done in approaches that safeguard investors in this emerging market. Hoping to avoid the catastrophic events brought about by misvalued mortgage pools, the SEC heard from an business leader who described new strategies of person life settlement evaluation.

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A life settlement is the sale of a life insurance coverage policy to a third party. The new owner continues to pay the premiums and receives the face value of the policy at maturity. The original policy owner gets out from beneath the burden of paying premiums and receives a lump sum money payment. An increasing number of states have adopted or rewritten life settlement legislation in light of the demand for such transactions.

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Now, as investment banks are looking to generate securitized pools of these assets, the want for even greater transparency becomes crucial. Whether or not in an person policy or pool of policies, the crucial variable in pricing requires the estimation of the life expectancy of the insured. The shorter the life expectancy (LE), the fewer years of premiums needed to keep the policy in force. The longer the LE, the more years that premiums will have to be paid out ahead of collecting the death benefit. This is the key determinate in pricing a life settlement policy.

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FASB auditing standards demand that there be two techniques to evaluate or value the policy pool. Considering that the only true variable is the LE, this would suggest the need for two techniques of predicting life expectancy. The at the moment accessible method is primarily based on underwriter’s review of the medical records of the insured. The nationally recognized underwriters all use the exact same medical records but apply their own interpretation of the information inside. Despite the fact that this approach has been the basis for LE prediction, it consists of some inherent errors that can result in considerable mispricing.

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For the SEC to apply the needed two methods of evaluation, Mazonas suggested the need to have for yet another predictive tool, “A distinctly distinct methodology exists which is based on existing health and accurately predicts the decline of overall health at the individual level.” Based on eighteen years of data from the National Extended Term Care Survey, award-winning actuary Eric Stallard, research professor at a significant analysis university, has designed a model that utilizes more, and much more relevant, information than is identified in a medical records only LE estimate. This peer reviewed and published model is primarily based on more than 317,000 person years of data.

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The mortality model has since been independently implemented in the Longevity Expense Calculator (LCC), owned by Life Settlement Monetary, and a working Internet-primarily based model is available at https://www.lifesettlementfinancial.com. The LCC takes into account functional and cognitive impairments as properly as variety of motion and behavioral changes of the insureds. Well being care workers in senior residences and hospitals have long witnessed that these impairments are a higher predictor of mortality than healthcare circumstances. LSF has produced this available in a laptop model based on 76 questions about the insured that contain medical circumstances.

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Mazonas applauded the SEC’s desire to get it proper at the beginning as this new wave of securitizations takes shape. “It would look a shame to squander this chance, especially offered the problems concerning other types of securitizations that we have all witnessed during the current previous. “

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Life Settlement Economic, LLC was founded in 2006 and is positioned in Northern California. Its management believes that life settlements are a customer advantage as properly as a public policy enhancement. Providing seniors who personal life insurance the possibility of locating cash that they did not recognize that they had must be encouraged in this economy. As seniors struggle to keep away from relying on state and federal Medicaid help, they must be rewarded for remaining solvent and a life settlement can go a long way toward allowing this to take place.

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For more data about life settlements and LSF go to http://www.lifesettlementfinancial.com or contact 888 321-5970.

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Media Get in touch with: Dr. Bob Rosenberg, 415 526-5973

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