Flyers win second straight game at last night’s home opener

first_imgNext up for the Flyers is a visit from the Grimshaw Huskies on Saturday. Puck drop at the North Peace Arena is at 8:30 p.m. FORT ST. JOHN, B.C. – The Fort St. John Flyers picked up their second straight win against the Falher Pirates 9-2 last night at the North Peace Arena.The Flyers came out flat in the opening twenty minutes of play as the visitors broke the ice and led 1-0 going into the first intermission.The second period saw the home side completely dominate the Pirates. Jordan Harder drew the Flyers even after firing home a shot from the point on a feed from Jeff Shipton and Joey Massingham 4:41 into the frame. Not even a minute later Robbie Sidhu put the home side up 2-1 after a slick feed from Rick Cleaver. Shipton added to the lead three and a half minutes later when he found a loose puck in front of the net and fired it into the empty cage, assisted by Adam Horst and Bryan Lewis. Lewis made it 4-1 with 7:52 remaining in the middle stanza as he finished off a quick passing play with Brady Busche and Robbie Sidhu. Steven Fast beat the Pirates’ goaltender high glove side to make it 5-1 with just under a minute remaining. Tempers boiled over in the last thirty seconds as a fight broke out in the Pirates’ zone with Jordan Geis of the Flyers scoring the takedown. Sam Brennen scored on the ensuing powerplay with ten seconds to play before the second intermission buzzer, making it 6-1. The Flyers outshot their opponents 17 to 4.- Advertisement -The home team didn’t let up in the final stanza as Rick Cleaver found the net after deking around the Pirate defence and netminder for the 7-1 tally at 4:01. Austin Braid got on the score sheet after some nifty passing between Cole Calliou and Taylor Greatrex, two minutes and eleven seconds later, for the eighth goal. The visitors got one back midway through the period but the Flyers restored the seven-goal lead at 9-2 courtesy Jordan Harder’s second of the game, assisted by Reid Campbell and Joey Massingham.Fifteen players contributed for the Flyers, with Rick Cleaver, Jordan Harder, Joey Massingham and Byran Lewis each chipping in with two-point outings.Head coach Andrew Leriger said, “Felt good to come out a get back to back wins. We knew that after last game it wasn’t going to be easy and we didn’t come out strong in the first. Very pleased with the last two periods. Having said that we were icing a full complement of players today for the first time this year, which helps a lot.”Advertisementlast_img read more

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Servicers Revamp Data Management as Regulatory Deadline Approaches

first_img Agents & Brokers Attorneys & Title Companies Compliance Consumer Financial Protection Bureau Fiserv Investors Lenders & Servicers Regulation Service Providers 2014-01-09 Howard Goldthwaite If you haven’t reviewed the upcoming regulation changes from the Consumer Financial Protection Bureau (CFPB), better put on a big pot of coffee. Effective January 10, the rules are changing, and this includes amendments to the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z).[IMAGE]The rules affecting several “”areas of mortgage servicing””:http://files.consumerfinance.gov/f/201312_cfpb_servicing-applicability-comparison-chart-reg-x-and-z.pdf have been revised. So, which areas have changed? (It might be simpler to ask which areas haven’t changed.) Here’s a partial list of what has been revised:+Regulation X+* Error resolution and information requests* Force-placed insurance* Early intervention on delinquencies* Continuity of contact with borrowers* Loss mitigation procedures* Mortgage servicing transfers* Escrow accounts* General policies, procedures, and requirements +Regulation Z+* Periodic statements* Interest-rate adjustment notices* Prompt payment crediting and payoff paymentsThe CFPB has included an exemption for companies that service 5,000 or fewer mortgage loans, but for the many mortgage servicers subject to the bureau’s regulations, they are using these rule changes as an opportune time to[COLUMN_BREAK]overhaul their entire systems of data entry, rework internal procedures for loan approvals and reviews, and re-assess staffing allocations.According to Greg Lehman, product manager for enterprise content management at “”Fiserv, Inc.””:http://www.fiserv.com, when it comes to maintaining compliance with the new regulations, financial institutions should be especially mindful of information management and data integrity.He highly recommends switching from manual data entry to standardized, automated systems for the purpose of ensuring accuracy. Sophisticated information management systems can help with the complexity and challenges of completing the loan process through multiple phases and systems. “”[E]nsuring the accuracy and consistency of stored data is often one of the biggest challenges for loan servicing,”” according to Lehman. In a recent post to Fiserv’s “”_The Point_””:http://www.fiserv.com/the-point.htm blog site for the financial services industry, Lehman wrote, “”When loan files and histories were examined in the aftermath of the mortgage crisis, discrepancies were often found that made it nearly impossible to understand systems and decision-making processes. In light of new regulations created in response, it’s especially important to ensure the accuracy of the loan file and maintain a comprehensive loan record that includes all signed legal documents.””Lehman stresses that automated systems take manual entry and its inherent risks out of the equation.A comprehensive information management system can capture and retain content, compare and route data, streamline approvals, as well as track documents to minimize loan processing time, Lehman explains. It can also boost efficiency with a leaner staff, and if there’s ever an audit, the process is greatly streamlined with more accurate records and archived documents, he notes.Loan servicers that make it a priority to stay current with technology, Lehman says, will be better equipped to adapt to this fundamental shift in how mortgage lending and servicing is done, and can expect to increase customer satisfaction and enhance profitability, all while minimizing risk. Servicers Revamp Data Management as Regulatory Deadline Approaches in Data, Government, Servicingcenter_img January 9, 2014 438 Views Sharelast_img read more

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